STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., DEPOSITOR CITIBANK, N.A., TRUSTEE WELLS FARGO BANK, N.A., SECURITIES ADMINISTRATOR and EMC MORTGAGE CORPORATION, SELLER AND MASTER SERVICER POOLING AND SERVICING AGREEMENT Dated as of May 1, 2007...
STRUCTURED
ASSET MORTGAGE INVESTMENTS II INC.,
DEPOSITOR
CITIBANK,
N.A.,
TRUSTEE
XXXXX
FARGO BANK, N.A.,
SECURITIES
ADMINISTRATOR
and
EMC
MORTGAGE CORPORATION,
SELLER
AND MASTER SERVICER
POOLING
AND SERVICING AGREEMENT
Dated
as
of May 1, 2007
Structured
Asset Mortgage Investments II Inc.
Bear
Xxxxxxx ARM Trust, Mortgage Pass-Through Certificates
Series
2007-4
TABLE
OF
CONTENTS
ARTICLE
I Definitions
|
|
ARTICLE
II Conveyance of Mortgage Loans; Original Issuance of
Certificates
|
|
Section
2.01
|
Conveyance
of Mortgage Loans to Trustee.
|
Section
2.02
|
Acceptance
of Mortgage Loans by Trustee.
|
Section
2.03
|
Assignment
of Interest in the Mortgage Loan Purchase Agreement.
|
Section
2.04
|
Substitution
of Mortgage Loans.
|
Section
2.05
|
Issuance
of Certificates.
|
Section
2.06
|
Representations
and Warranties Concerning the Depositor.
|
Section
2.07
|
Purposes
and Powers of the Trust.
|
Section
2.08
|
Delivery
of Opinion of Counsel in Connection with Substitutions and
Purchases.
|
Section
2.09
|
Conveyance
of the Group II Subsequent Mortgage Loans.
|
ARTICLE
III Administration and Master Servicing of Mortgage Loans;
Securities and Exchange Commission Reporting
|
|
Section
3.01
|
Master
Servicer.
|
Section
3.02
|
REMIC-Related
Covenants.
|
Section
3.03
|
Monitoring
of Servicers.
|
Section
3.04
|
Fidelity
Bond.
|
Section
3.05
|
Power
to Act; Procedures.
|
Section
3.06
|
Due-on-Sale
Clauses; Assumption Agreements.
|
Section
3.07
|
Release
of Mortgage Files.
|
Section
3.08
|
Documents,
Records and Funds in Possession of Master Servicer To Be Held for
Trustee.
|
Section
3.09
|
Standard
Hazard Insurance and Flood Insurance Policies.
|
Section
3.10
|
Presentment
of Claims and Collection of Proceeds.
|
Section
3.11
|
Maintenance
of the Primary Mortgage Insurance Policies.
|
Section
3.12
|
Trustee
to Retain Possession of Certain Insurance Policies and
Documents.
|
Section
3.13
|
Realization
Upon Defaulted Mortgage Loans.
|
Section
3.14
|
Compensation
for the Master Servicer.
|
Section
3.15
|
REO
Property.
|
Section
3.16
|
Annual
Statement as to Compliance.
|
Section
3.17
|
Assessments
of Compliance and Attestation Reports.
|
Section
3.18
|
Reports
Filed with Securities and Exchange Commission.
|
Section
3.19
|
UCC.
|
Section
3.20
|
Optional
Purchase of Defaulted Mortgage Loans.
|
Section
3.21
|
Intention
of the Parties and Interpretation.
|
ARTICLE
IV
Accounts
|
|
Section
4.01
|
Protected
Accounts.
|
Section
4.02
|
Master
Servicer Collection Account.
|
Section
4.03
|
Permitted
Withdrawals From the Master Servicer Collection
Account.
|
Section
4.04
|
Distribution
Account.
|
Section
4.05
|
Permitted
Withdrawals and Transfers from the Distribution
Account.
|
Section
4.06
|
Group
II Pre-Funding Account.
|
Section
4.07
|
Group
II Interest Coverage Account.
|
ARTICLE
V Certificates
|
|
Section
5.01
|
Certificates.
|
Section
5.02
|
Registration
of Transfer and Exchange of Certificates.
|
Section
5.03
|
Mutilated,
Destroyed, Lost or Stolen Certificates.
|
Section
5.04
|
Persons
Deemed Owners.
|
Section
5.05
|
Transfer
Restrictions on Residual Certificates.
|
Section
5.06
|
Restrictions
on Transferability of Certificates.
|
Section
5.07
|
ERISA
Restrictions.
|
Section
5.08
|
Rule
144A Information.
|
Section
5.09
|
Appointment
of Paying Agent and Certificate Registrar.
|
ARTICLE
VI Payments to Certificateholders
|
|
Section
6.01
|
Distributions
on the Certificates.
|
Section
6.02
|
Allocation
of Losses.
|
Section
6.03
|
Payments.
|
Section
6.04
|
Statements
to Certificateholders.
|
Section
6.05
|
Monthly
Advances.
|
Section
6.06
|
Compensating
Interest Payments.
|
ARTICLE
VII The Master Servicer
|
|
Section
7.01
|
Liabilities
of the Master Servicer.
|
Section
7.02
|
Merger
or Consolidation of the Master Servicer.
|
Section
7.03
|
Indemnification
of the Trustee, the Master Servicer and the Securities
Administrator.
|
Section
7.04
|
Limitations
on Liability of the Master Servicer and Others.
|
Section
7.05
|
Master
Servicer Not to Resign.
|
Section
7.06
|
Successor
Master Servicer.
|
Section
7.07
|
Sale
and Assignment of Master Servicing.
|
ARTICLE
VIII
Default
|
|
Section
8.01
|
Events
of Default.
|
Section
8.02
|
Trustee
to Act; Appointment of Successor.
|
Section
8.03
|
Notification
to Certificateholders.
|
Section
8.04
|
Waiver
of Defaults.
|
Section
8.05
|
List
of Certificateholders.
|
ARTICLE
IX Concerning the Trustee and the Securities
Administrator
|
|
Section
9.01
|
Duties
of Trustee and Securities Administrator.
|
Section
9.02
|
Certain
Matters Affecting the Trustee and the Securities
Administrator.
|
Section
9.03
|
Trustee
and Securities Administrator Not Liable for Certificates or Mortgage
Loans.
|
Section
9.04
|
Trustee
and Securities Administrator May Own Certificates.
|
Section
9.05
|
Trustee’s
and Securities Administrator’s Fees and Expenses.
|
Section
9.06
|
Eligibility
Requirements for Trustee, Paying Agent and Securities
Administrator.
|
Section
9.07
|
Insurance.
|
Section
9.08
|
Resignation
and Removal of the Trustee and Securities
Administrator.
|
Section
9.09
|
Successor
Trustee, Successor Paying Agent and Successor Securities
Administrator.
|
Section
9.10
|
Merger
or Consolidation of Trustee, Paying Agent or Securities
Administrator.
|
Section
9.11
|
Appointment
of Co-Trustee or Separate Trustee.
|
Section
9.12
|
Federal
Information Returns and Reports to Certificateholders; REMIC
Administration.
|
ARTICLE
X Termination
|
|
Section
10.01
|
Termination
Upon Repurchase by the Depositor or its Designee or Liquidation
of the
Mortgage Loans.
|
Section
10.02
|
Additional
Termination Requirements.
|
ARTICLE
XI [RESERVED]
|
|
ARTICLE
XII MISCELLANEOUS PROVISIONS
|
|
Section
12.01
|
Intent
of Parties.
|
Section
12.02
|
Amendment.
|
Section
12.03
|
Recordation
of Agreement.
|
Section
12.04
|
Limitation
on Rights of Certificateholders.
|
Section
12.05
|
Acts
of Certificateholders.
|
Section
12.06
|
Governing
Law.
|
Section
12.07
|
Notices.
|
Section
12.08
|
Severability
of Provisions.
|
Section
12.09
|
Successors
and Assigns.
|
Section
12.10
|
Article
and Section Headings.
|
Section
12.11
|
Counterparts.
|
Section
12.12
|
Notice
to Rating Agencies.
|
EXHIBITS
Exhibit
A-1
|
-
|
Form
of Class A Certificates and Class X Certificates
|
Exhibit
A-2
|
-
|
Form
of Class B Certificates
|
Exhibit
A-3
|
-
|
Form
of Class R Certificates
|
Exhibit
B
|
-
|
Mortgage
Loan Schedule
|
Exhibit
C
|
-
|
[Reserved]
|
Exhibit
D-1
|
-
|
Request
for Release of Documents – Xxxxx Fargo
|
Exhibit
D-2
|
-
|
Request
for Release of Documents – Treasury Bank
|
Exhibit
E
|
-
|
Form
of Transferee Affidavit and Agreement pursuant to Section
860E(e)(4)
|
Exhibit
F-1
|
-
|
Form
of Investment Letter
|
Exhibit
F-2
|
-
|
Form
of Rule 144A and Related Matters Certificate
|
Exhibit
G-1
|
-
|
Form
of Xxxxx Fargo Custodial Agreement
|
Exhibit
G-2
|
-
|
Form
of Treasury Bank Custodial Agreement
|
Exhibit
H-1
|
-
|
Countrywide
Servicing Agreements
|
Exhibit
H-2
|
-
|
EMC
Servicing Agreement
|
Exhibit
H-3
|
-
|
Xxxxx
Fargo Servicing Agreement
|
Exhibit
I-1
|
-
|
Form
of Countrywide Assignment Agreement
|
Exhibit
I-2
|
-
|
Form
of EMC Assignment Agreement
|
Exhibit
I-3
|
-
|
Form
of Xxxxx Fargo Assignment Agreement
|
Exhibit
J
|
-
|
Mortgage
Loan Purchase Agreement
|
Exhibit
K
|
-
|
[Reserved]
|
Exhibit
L
|
-
|
Form
of Back-Up Certification
|
Exhibit
M
|
-
|
Servicing
Criteria to Be Addressed in Assessment of Compliance
|
Exhibit
N
|
-
|
Form
10-D, Form 8-K and Form 10-K Reporting Responsibility
|
Exhibit
O
|
-
|
Additional
Disclosure Notification
|
Exhibit
P
|
-
|
Form
of Subsequent Mortgage Loan Purchase Agreement
|
Exhibit
Q
|
-
|
Form
of Subsequent Transfer
Instrument
|
POOLING
AND SERVICING AGREEMENT
Pooling
and Servicing Agreement, dated as of May 1, 2007, among Structured Asset
Mortgage Investments II Inc., as depositor, EMC Mortgage Corporation, as seller
(in such capacity, the “Seller”) and master servicer (in such capacity, the
“Master Servicer”), Xxxxx Fargo Bank, N.A., as securities administrator (the
“Securities Administrator”), and Citibank, N.A., as trustee (the
“Trustee”).
PRELIMINARY
STATEMENT
On
or
prior to the Closing Date, the Depositor acquired the Initial Mortgage Loans
from the Seller and Master Funding LLC. On the Closing Date, the Depositor
will
sell the Initial Mortgage Loans and certain other property to the Trust Fund
and
receive in consideration therefor Certificates evidencing the entire beneficial
ownership interest in the Trust Fund. On or prior to the Subsequent
Transfer Date, the Depositor will acquire the Group II Subsequent Mortgage
Loans, which will be sold to the Trust Fund on the Subsequent Transfer
Date.
The
Securities Administrator on behalf of the Trustee shall make an election for
the
assets constituting REMIC I to be treated for federal income tax purposes as
a
REMIC. On the Startup Day, the REMIC I Regular Interests will be designated
the
“regular interests” in such REMIC, and the Class R-I Certificates will be
designated the sole class of “residual interests” in such REMIC.
The
Securities Administrator on behalf of the Trustee shall make an election for
the
assets constituting REMIC II to be treated for federal income tax purposes
as a
REMIC. On the Startup Day, the REMIC II Regular Interests will be designated
the
“regular interests” in such REMIC, and the Class R-II Certificates will be
designated the sole class of “residual interests” in such REMIC.
The
Securities Administrator on behalf of the Trustee shall make an election for
the
assets constituting REMIC III to be treated for federal income tax purposes
as a
REMIC. On the Startup Day, the REMIC III Regular Interests will be designated
the “regular interests” in such REMIC, and the Class R-III Certificates will be
designated the sole class of “residual interests” in such REMIC.
The
Securities Administrator on behalf of the Trustee shall make an election for
the
assets constituting REMIC IV to be treated for federal income tax purposes
as a
REMIC. On the Startup Day, the Regular Certificates will be designated the
“regular interests” in such REMIC, and the Class R-IV Certificates will be
designated the sole class of “residual interests” in such REMIC.
The
Mortgage Loans (excluding the Group II Subsequent Mortgage Loans) will have
an
Outstanding Principal Balance as of the Cut-off Date, after deducting all
Scheduled Principal due on or before the Cut-off Date, of $962,245,417.48.
The
initial principal amount of the Certificates will not exceed such Outstanding
Principal Balance plus the Group II Pre-Funded Amount. The Group I
Mortgage Loans will have an Outstanding Principal Balance as of the Cut-off
Date, after deducting all Scheduled Principal due on or before the Cut-off
Date,
of $389,838,258.16. The Group II Mortgage Loans (excluding the Group
II Subsequent Mortgage Loans and the Group II Pre-Funded Amount) will have
an
Outstanding Principal Balance as of the Cut-off Date, after deducting all
Scheduled Principal due on or before the Cut-off Date, of
$572,407,159.32.
In
consideration of the mutual agreements herein contained, the Depositor, the
Master Servicer, the Securities Administrator, the Seller and the Trustee agree
as follows:
ARTICLE
I
DEFINITIONS
Whenever
used in this Agreement, the following words and phrases, unless otherwise
expressly provided or unless the context otherwise requires, shall have the
meanings specified in this Article.
Accepted
Master Servicing Practices: With respect to any Mortgage Loan, those
customary mortgage servicing practices of prudent mortgage servicing
institutions that master service mortgage loans of the same type and quality
as
such Mortgage Loan in the jurisdiction where the related Mortgaged Property
is
located, to the extent applicable to the Trustee in its capacity as successor
master servicer or the Master Servicer (except in its capacity as successor
to a
Servicer).
Account:
The Distribution Account, the Group II Pre-Funding Account, the Group II
Interest Coverage Account, the Master Servicer Collection Account, and the
Protected Account, as the context may require.
Accrued
Certificate Interest: For any Certificate, other than the Class R
Certificates, for any Distribution Date, the interest accrued during the related
Interest Accrual Period at the applicable Pass-Through Rate on the Current
Principal Amount, or in the case of the Interest Only Certificates, the Notional
Amount, of such Certificate immediately prior to such Distribution Date, on
the
basis of a 360-day year consisting of twelve 30-day months, less (i) in the
case
of a Senior Certificate, such Certificate’s share of any Net Interest Shortfall
from the related Mortgage Loans and, after the Cross-Over Date, the interest
portion of any Realized Losses on the related Mortgage Loans allocated thereto
in accordance with Section 6.02(h) and (ii) in the case of a Subordinate
Certificate, such Certificate’s share of any Net Interest Shortfall from the
related Mortgage Loans and the interest portion of any Realized Losses on the
related Mortgage Loans allocated thereto in accordance with Section
6.02(h).
Additional
Disclosure: As defined in Section 3.18.
Additional
Form 10-D Disclosure: As defined in Section 3.18.
Additional
Form 10-K Disclosure: As defined in Section 3.18.
Affiliate:
As to any Person, any other Person controlling, controlled by or under common
control with such Person. “Control” means the power to direct the management and
policies of a Person, directly or indirectly, whether through ownership of
voting securities, by contract or otherwise. “Controlled” and “Controlling” have
meanings correlative to the foregoing. The Trustee may conclusively presume
that
a Person is not an Affiliate of another Person unless a Responsible Officer
of
the Trustee has actual knowledge to the contrary.
Agreement:
This Pooling and Servicing Agreement and all amendments hereof and supplements
hereto.
Allocable
Share: With respect to each Class of Group I Subordinate
Certificates:
(a) as
to any Distribution Date and amounts distributable pursuant to clauses (i)
and
(iv) of the definition of Group I Subordinate Optimal Principal Amount, the
fraction, expressed as a percentage, the numerator of which is the Current
Principal Amount of such Class and the denominator of which is the aggregate
Current Principal Amount of all Classes of the Group I Subordinate Certificates;
and
(b) as
to any Distribution Date and amounts distributable pursuant to clauses (ii),
(iii) and (v) of the definition of Group I Subordinate Optimal Principal Amount,
and as to each Class of Group I Subordinate Certificates (other than the Class
of Group I Subordinate Certificates having the lowest numerical designation
as
to which the Class Prepayment Distribution Trigger shall not be applicable)
for
which (x) the related Class Prepayment Distribution Trigger has been satisfied
on such Distribution Date, the fraction, expressed as a percentage, the
numerator of which is the Current Principal Amount of such Class and the
denominator of which is the aggregate Current Principal Amount of all such
Classes of Group I Subordinate Certificates and (y) the related Class Prepayment
Distribution Trigger has not been satisfied on such Distribution Date, 0%;
provided that if on a Distribution Date, the Current Principal Amount of any
Class of Group I Subordinate Certificates for which the related Class Prepayment
Distribution Trigger was satisfied on such Distribution Date is reduced to
zero,
any amounts distributed pursuant to this clause (b), to the extent of such
Class’s remaining Allocable Share, shall be distributed to the remaining Classes
of Group I Subordinate Certificates which satisfy the related Class Prepayment
Distribution Trigger and to the Class of Group I Subordinate Certificates having
the lowest numerical Class designation in reduction of their respective Current
Principal Amounts in the order of their numerical Class
designations.
With
respect to each Class of Group II Subordinate Certificates:
(a) as
to any Distribution Date and amounts distributable pursuant to clauses (i)
and
(iv) of the definition of Group II Subordinate Optimal Principal Amount, the
fraction, expressed as a percentage, the numerator of which is the Current
Principal Amount of such Class and the denominator of which is the aggregate
Current Principal Amount of all Classes of the Group II Subordinate
Certificates; and
(b) as
to any Distribution Date and amounts distributable pursuant to clauses (ii),
(iii) and (v) of the definition of Group II Subordinate Optimal Principal
Amount, and as to each Class of Group II Subordinate Certificates (other than
the Class of Group II Subordinate Certificates having the lowest numerical
designation as to which the Class Prepayment Distribution Trigger shall not
be
applicable) for which (x) the related Class Prepayment Distribution Trigger
has
been satisfied on such Distribution Date, the fraction, expressed as a
percentage, the numerator of which is the Current Principal Amount of such
Class
and the denominator of which is the aggregate Current Principal Amount of all
such Classes of Group II Subordinate Certificates and (y) the related Class
Prepayment Distribution Trigger has not been satisfied on such Distribution
Date, 0%; provided that if on a Distribution Date, the Current Principal Amount
of any Class of Group II Subordinate Certificates for which the related Class
Prepayment Distribution Trigger was satisfied on such Distribution Date is
reduced to zero, any amounts distributed pursuant to this clause (b), to the
extent of such Class’s remaining Allocable Share, shall be distributed to the
remaining Classes of Group II Subordinate Certificates which satisfy the related
Class Prepayment Distribution Trigger and to the Class of Group II Subordinate
Certificates having the lowest numerical Class designation in reduction of
their
respective Current Principal Amounts in the order of their numerical Class
designations.
Annual
Statement of Compliance: As defined in Section 3.16.
Applicable
Credit Rating: For any long-term deposit or security, a credit rating of AAA
in the case of each of S&P and Fitch and Aaa in the case of Xxxxx’x. For any
short-term deposit or security, a rating of A-l+ in the case
of S&P, F-1+ in the case of Fitch and P-1 in the case of
Xxxxx’x.
Applicable
State Law: For purposes of Section 9.12(d), the Applicable State Law shall
be (a) the law of the State of New York and (b) such other state law whose
applicability shall have been brought to the attention of the Securities
Administrator and the Trustee by either (i) an Opinion of Counsel reasonably
acceptable to the Securities Administrator and the Trustee delivered to it
by
the Master Servicer or the Depositor, or (ii) written notice from the
appropriate taxing authority as to the applicability of such state
law.
Appraised
Value: For any Mortgaged Property related to a Mortgage Loan, the amount set
forth as the appraised value of such Mortgaged Property in an appraisal made
for
the mortgage originator in connection with its origination of the related
Mortgage Loan.
Assignment
Agreements: Shall mean any of the Countrywide Assignment Agreement, EMC
Assignment Agreement or Xxxxx Fargo Assignment Agreement.
Assessment
of Compliance: As defined in Section 3.17.
Assumed
Final Distribution Date: With respect to the Group I Certificates, May 25,
2037, or if such day is not a Business Day, the next succeeding Business Day.
With respect to the Group II Certificates, June 25, 2047, or if such day is
not
a Business Day, the next succeeding Business Day.
Attesting
Party: As defined in Section 3.17.
Attestation
Report: As defined in Section 3.17.
Available
Funds: With respect to any Distribution Date, the sum of the Group I-1,
Group I-2, Group II-1 and Group II-2 Available Funds for such Distribution
Date.
Average
Loss Severity Percentage: With respect to any Distribution Date and each
Loan Group, the percentage equivalent of a fraction, the numerator of which
is
the sum of the Loss Severity Percentages for each Mortgage Loan in such Loan
Group which had a Realized Loss and the denominator of which is the number
of
Mortgage Loans in the related Loan Group which had Realized Losses.
Bankruptcy
Code: The United States Bankruptcy Code, as amended as codified in 11 U.S.C.
§§101-1330.
Bankruptcy
Loss: With respect to any Mortgage Loan, any Deficient Valuation or Debt
Service Reduction related to such Mortgage Loan as reported by the applicable
Servicer to the Master Servicer.
Book-Entry
Certificates: Initially, all Classes of Certificates other than the Private
Certificates and the Residual Certificates.
Business
Day: Any day other than (i) a Saturday or a Sunday, or (ii) a day on which
the New York Stock Exchange or Federal Reserve is closed or on which banking
institutions in the jurisdiction in which the Trustee, the Master Servicer,
any
Servicer or the Securities Administrator is located are authorized or obligated
by law or executive order to be closed.
Capitalization
Reimbursement Amount: With respect to any Distribution Date, the
aggregate of the amounts added to the Scheduled Principal Balances of the
Mortgage Loans during the preceding calendar month representing reimbursements
to the related Servicer on or prior to such Distribution Date in connection
with
the modification of such Mortgage Loans.
Certificate:
Any mortgage pass-through certificate evidencing a beneficial ownership interest
in the Trust Fund signed and countersigned by the Certificate Registrar in
substantially the forms annexed hereto as Exhibits X-0, X-0 and A-3 with the
blanks therein appropriately completed.
Certificate
Group: The Group I-1 Senior Certificates, Group I-2 Senior Certificates,
Group II-1 Senior Certificates or Group II-2 Senior Certificates, as
applicable.
Certificate
Owner: Any Person who is the beneficial owner of a Certificate registered in
the name of the Depository or its nominee.
Certificate
Register: The register maintained pursuant to Section 5.02.
Certificate
Registrar: The Securities Administrator or any successor certificate
registrar appointed hereunder.
Certificateholder:
A Holder of a Certificate.
Class:
With respect to the Certificates, X-0X-0, X-0X-0, X-0X-0, X-0X-0, X-0X-0,
X-0X-0, II-1A-1, II-1A-2, II-1X-1, II-2A-1, II-2A-2, II-2X-1, R-I, R-II, R-III,
R-IV, I-B-1, I-B-2, I-B-3, I-B-4, X-X-0, X-X-0, XX-X-0, XX-X-0, XX-X-0, XX-X-0,
XX-X-0 and II-B-6.
Class
Prepayment Distribution Trigger: For a Class of Group I Subordinate
Certificates or Group II Subordinate Certificates for any Distribution Date,
the
Class Prepayment Distribution Trigger is satisfied if the fraction (expressed
as
a percentage), the numerator of which is the aggregate Current Principal
Amount
of such Class and each Class of Subordinate Certificates in the
related Loan Group subordinate thereto, if any, and the denominator of
which is the aggregate Scheduled Principal Balance of all of the Mortgage
Loans
in the related Loan Group as of the related Due Date, equals or exceeds such
percentage calculated as of the Closing Date.
Class
R Certificates: The Class R-I, Class R-II, Class R-III and Class R-IV
Certificates.
Class
R-I Deposit: The $50 deposit into the Distribution Account with respect to
the portion of such account related to Loan Group I by the Depositor on the
Closing Date to pay the Class R-I Certificates in accordance with Section
6.01(a) on the Distribution Date occurring in June 2007.
Class
R-II Deposit: The $50 deposit into the Distribution Account with respect to
the portion of such account related to Loan Group II by the Depositor on the
Closing Date to pay the Class R-II Certificates in accordance with Section
6.01(a) on the Distribution Date occurring in June 2007.
Class
R-III Deposit: The $50 deposit into the Distribution Account with respect to
the portion of such account related to Loan Group II by the Depositor on the
Closing Date to pay the Class R-III Certificates in accordance with Section
6.01(a) on the Distribution Date occurring in June 2007.
Class
R-IV Deposit: The $50 deposit into the Distribution Account with respect to
the portion of such account related to Loan Group II by the Depositor on the
Closing Date to pay the Class R-IV Certificates in accordance with Section
6.01(a) on the Distribution Date occurring in June 2007.
Closing
Date: May 31, 2007.
Code:
The Internal Revenue Code of 1986, as amended.
Commission:
The United States Securities and Exchange Commission.
Compensating
Interest Payment: As defined in Section 6.06.
Countrywide: Countrywide
Home Loans Servicing LP, or its successor in interest.
Countrywide
Assignment Agreement: The Assignment, Assumption and Recognition Agreement,
dated as of May 31, 2007 among EMC, Countrywide Home Loans, Inc., Countrywide
and the Trustee evidencing the assignment of the Countrywide Servicing
Agreements to the Trust, attached hereto as Exhibit I-1.
Countrywide
Servicing Agreements: The Seller’s Warranties and Servicing Agreement, dated
as of September 1, 2002, as amended by Amendment No. 1, dated January 1,
2003,
Amendment No.2, dated September 1, 2004, Amendment No. 3, dated May 1, 2005
and
Amendment Reg AB to the Master Mortgage Loan Purchase and Servicing Agreement,
dated as of January 1, 2006, by and between EMC and Countrywide Home Loans,
Inc., attached hereto as Exhibit H-1.
Corresponding
Certificates: With respect to each REMIC III Regular Interest, the Class
with the same designation.
Corporate
Trust Office: The office of the Trustee at which at any particular time its
corporate trust business is administered, which office, at the date of the
execution of this Agreement, is located at Citibank, N.A., 000 Xxxxxxxxx Xxxxxx,
00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Structured Finance Agency
&
Trust BSARM 2007-4. With respect to the Certificate Registrar and the
presentment of Certificates for registration of transfer, exchange or final
payment, Xxxxx Fargo Bank, N.A., Xxxxx Xxxxxx xxx Xxxxxxxxx Xxxxxx, Xxxxxxxxxxx,
Xxxxxxxxx 00000, Attention: Corporate Trust/ BSARM Series 2007-4, and for all
other purposes, X.X. Xxx 00, Xxxxxxxx, Xxxxxxxx 00000 (or for overnight
deliveries, 0000 Xxx Xxxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxx 21045), Attention:
Corporate Trust/BSARM Series 2007-4.
Cross-Over
Date: The Group I Cross-Over Date or Group II Cross-Over Date, as
applicable.
Current
Principal Amount: With respect to any Certificate as of any Distribution
Date, the initial principal amount of such Certificate plus any Subsequent
Recoveries added to the Current Principal Amount of such Certificate pursuant
to
Section 6.02(i), and reduced by (i) all amounts distributed on previous
Distribution Dates on such Certificate with respect to principal, (ii) the
principal portion of all Realized Losses allocated prior to such Distribution
Date to such Certificate, taking account of the applicable Loss Allocation
Limitation and (iii) in the case of a Subordinate Certificate, such
Certificate’s pro rata share, if any, of the applicable related Subordinate
Certificate Writedown Amount for previous Distribution Dates. With respect
to
any Class of Certificates, the Current Principal Amount thereof will equal
the
sum of the Current Principal Amounts of all Certificates in such Class.
Notwithstanding the foregoing, solely for purposes of giving consents,
directions, waivers, approvals, requests and notices, the Class R-I, Class
R-II,
Class R-III and Class R-IV Certificates after the Distribution Date on which
they each receive the distribution of the last dollar of their respective
original principal amount shall be deemed to have Current Principal Amounts
equal to their respective Current Principal Amounts on the day immediately
preceding such Distribution Date.
Custodial
Agreement: As applicable, (i) the custodial agreement, dated as of the
Closing Date among the Depositor, EMC as a seller, Master Funding, as a seller,
the Master Servicer, the Securities Administrator, the Trustee and Xxxxx Fargo
Bank, N.A., as Custodian, substantially in the form of Exhibit G-1 hereto or
(ii) the custodial agreement dated as of the Closing Date, among the Depositor,
EMC, as a seller, Master Funding, as a seller, the Master Servicer, the
Securities Administrator, the Trustee and Treasury Bank, A Division of
Countrywide Bank, FSB, as Custodian, substantially in the form of Exhibit G-2
hereto.
Custodian:
As applicable, (i) Xxxxx Fargo Bank, N.A., or any successor custodian appointed
pursuant to the provisions hereof and of the related Custodial Agreement, with
respect to the Mortgage Loans set forth on Schedule I to the related Custodial
Agreement, or (ii) Treasury Bank, a Division of Countrywide Bank, FSB, or any
successor custodian appointed pursuant to the provisions hereof and of the
related Custodial Agreement, with respect to the Mortgage Loans set forth on
Schedule I to the related Custodial Agreement.
Cut-off
Date: May 1, 2007.
Debt
Service Reduction: Any reduction of the Scheduled Payments which a Mortgagor
is obligated to pay with respect to a Mortgage Loan as a result of any
proceeding under the Bankruptcy Code or any other similar state law or other
proceeding.
Deficient
Valuation: With respect to any Mortgage Loan, a valuation of the Mortgaged
Property by a court of competent jurisdiction in an amount less than the then
outstanding indebtedness under the Mortgage Loan, which valuation results from
a
proceeding initiated under the Bankruptcy Code or any other similar state law
or
other proceeding.
Delinquent:
A Mortgage Loan is “delinquent” if any payment due thereon is not made pursuant
to the terms of such Mortgage Loan by the close of business on the day such
payment is scheduled to be due. A Mortgage Loan is considered “30 days
delinquent” if the borrower fails to make a scheduled payment prior to the close
of business on the day prior to the mortgage loan’s first succeeding due date.
For example, if a securitization had a closing date occurring in August and
a
cut-off date of August 1, a mortgage loan with a payment due on July 1 that
remained unpaid as of the close of business on July 31 would be described
as 30
days delinquent as of the cut-off date in the prospectus supplement. A mortgage
loan would be considered “60 days delinquent” with respect to such scheduled
payment if such scheduled payment were not made prior to the close of business
on the day prior to the mortgage loan’s second succeeding due date (or, in the
preceding example, if the mortgage loan with a payment due on June 1 remained
unpaid as of the close of business on July 31). 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. This
method
of determining delinquencies is also referred to as the MBA method.
Depositor:
Structured Asset Mortgage Investments II Inc., a Delaware corporation, or its
successors in interest.
Depository:
The Depository Trust Company, the nominee of which is Cede & Co., or any
successor thereto.
Depository
Agreement: The meaning specified in Subsection 5.01(a) hereof.
Depository
Participant: A broker, dealer, bank or other financial institution or other
Person for whom from time to time the Depository effects book-entry transfers
and pledges of securities deposited with the Depository.
Designated
Depository Institution: A depository institution (commercial bank, federal
savings bank, mutual savings bank or savings and loan association) or trust
company (which may include the Trustee), the deposits of which are fully insured
by the FDIC to the extent provided by law.
Determination
Date: With respect to each Mortgage Loan, the Determination Date as defined
in the related Servicing Agreement.
Disqualified
Organization: Any of the following: (i) the United States, any State or
political subdivision thereof, any possession of the United States, or any
agency or instrumentality of any of the foregoing (other than an instrumentality
which is a corporation if all of its activities are subject to tax and, except
for the Xxxxxxx Mac or any successor thereto, a majority of its board of
directors is not selected by such governmental unit), (ii) any 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 or (v)
any
other Person so designated by the Trustee and the Certificate Registrar based
upon an Opinion of Counsel that the holding of an ownership interest in a
Residual Certificate by such Person may cause any REMIC contained in the Trust
or any Person having an ownership interest in the Residual Certificate (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 Residual 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
Account: The trust account or accounts created and maintained pursuant to
Section 4.04, which shall be denominated “Citibank, N.A., as Trustee for the
benefit of the registered holders of Structured Asset Mortgage Investments
II
Inc., Bear Xxxxxxx ARM Trust, Mortgage Pass-Through Certificates, Series 2007-4
- Distribution Account.” The Distribution Account shall be an Eligible
Account.
Distribution
Account Deposit Date: The Business Day prior to each Distribution
Date.
Distribution
Date: The 25th day of any month, beginning in the month immediately
following the month of the Closing Date, or, if such 25th day is not a Business
Day, the Business Day immediately following.
DTC
Custodian: Xxxxx Fargo Bank, N.A., or its successors in interest as
custodian for the Depository.
Due
Date: With respect to each Mortgage Loan, the date in each month on which
its Scheduled Payment is due if such due date is the first day of a month and
otherwise is deemed to be the first day of the following month or such other
date specified in the related Servicing Agreement.
Due
Period: With respect to any Distribution Date and each Mortgage Loan, the
period commencing on the second day of the month preceding the month in which
the Distribution Date occurs and ending at the close of business on the first
day of the month in which the Distribution Date occurs.
XXXXX:
As defined in Section 3.18.
Eligible
Account: Any of (i) a segregated account maintained with a federal or state
chartered depository institution (A) the short-term obligations of which are
rated A-2 or better by S&P and P-1 by Xxxxx’x at the time of any deposit
therein or (B) insured by the FDIC (to the limits established by such
Corporation), the uninsured deposits in which account are otherwise secured
such
that, as evidenced by an Opinion of Counsel (obtained by the Person requesting
that the account be held pursuant to this clause (i)) delivered to the
Securities Administrator prior to the establishment of such account, the
Certificateholders will have a claim with respect to the funds in such account
and a perfected first priority security interest against any collateral (which
shall be limited to Permitted Investments, each of which shall mature not later
than the Business Day immediately preceding the Distribution Date next following
the date of investment in such collateral or the Distribution Date if such
Permitted Investment is an obligation of the institution that maintains the
Distribution Account) securing such funds that is superior to claims of any
other depositors or general creditors of the depository institution with which
such account is maintained, (ii) a segregated trust account or accounts
maintained with a federal or state chartered depository institution or trust
company with trust powers acting in its fiduciary capacity or (iii) a segregated
account or accounts of a depository institution acceptable to the Rating
Agencies (as evidenced in writing by the Rating Agencies that use of any such
account as the Distribution Account will not have an adverse effect on the
then-current ratings assigned to the Classes of Certificates then rated by
the
Rating Agencies). Eligible Accounts may bear interest.
EMC:
EMC Mortgage Corporation, or its successor in interest.
EMC
Assignment Agreement: The Assignment, Assumption and Recognition
Agreement, dated as of May 31, 2007, among the Depositor, EMC and the Trustee
evidencing the assignment of the EMC Servicing Agreement to the Trust, attached
hereto as Exhibit I-2.
EMC
Servicing Agreement: The Servicing Agreement dated as of May 1, 2006, as
amended, between EMC and the Depositor, attached hereto as Exhibit H-2, as
amended by the EMC Assignment Agreement.
ERISA:
The Employee Retirement Income Security Act of 1974, as amended.
Event
of Default: An event of default described in Section 8.01.
Excess
Liquidation Proceeds: To the extent that such amount is not required by law
to be paid to the related Mortgagor, the amount, if any, by which Liquidation
Proceeds with respect to a Liquidated Mortgage Loan exceed the sum of (i) the
Outstanding Principal Balance of such Mortgage Loan and accrued but unpaid
interest at the related Mortgage Interest Rate through the last day of the
month
in which the related Liquidation Date occurs, plus (ii) related Liquidation
Expenses.
Exchange
Act: Securities Exchange Act of 1934, as amended.
Exchange
Act Reports: Any reports required to be filed pursuant to Section
3.18 of this Agreement.
Xxxxxx
Xxx: Federal National Mortgage Association or any successor
thereto.
FDIC:
Federal Deposit Insurance Corporation or any successor thereto.
Final
Certification: The certification substantially in the form of Exhibit Three
to the related Custodial Agreement.
Fiscal
Quarter: December 1 to February 29 (or the last day in such
month), March 1 to May 31, June 1 to August 31, or September 1 to November
30,
as applicable.
Fitch:
Fitch, Inc.
Fractional
Undivided Interest: With respect to any Class of Certificates, the
fractional undivided interest evidenced by any Certificate of such Class
the
numerator of which is the Current Principal Amount of such Certificate and
the
denominator of which is the Current Principal Amount of such Class. With
respect
to the Certificates in the aggregate, the fractional undivided interest
evidenced by (i) each Class of Residual Certificates will be deemed to equal
0.25% multiplied by the percentage interest of such Residual Certificate,
(ii)
each Class of Interest Only Certificates will be deemed to equal 1.00%
multiplied by a fraction, the numerator of which is the Notional Amount of
such
Certificate and the denominator of which is the aggregate Notional Amount
of its
respective Class and (iii) a Certificate of any other Class will be deemed
to
equal 95.00% multiplied by a fraction, the numerator of which is the Current
Principal Amount of such Certificate and the denominator of which is the
aggregate Current Principal Amount of all the Certificates; provided, however,
the percentage in clause (iii) above should be increased by 1.00% upon the
retirement of each Class of Interest Only Certificates.
Xxxxxxx
Mac: Xxxxxxx Mac, formerly the Federal Home Loan Mortgage Corporation, or
any successor thereto.
Global
Certificate: Any Private Certificate registered in the name of the
Depository or its nominee, beneficial interests in which are reflected on the
books of the Depository or on the books of a Person maintaining an account
with
such Depository (directly or as an indirect participant in accordance with
the
rules of such depository).
Gross
Margin: As to each Mortgage Loan, the fixed percentage set forth in the
related Mortgage Note and indicated on the Mortgage Loan Schedule which
percentage is added to the related Index on each Interest Adjustment Date to
determine (subject to rounding, the minimum and maximum Mortgage Interest Rate
and the Periodic Rate Cap) the Mortgage Interest Rate until the next Interest
Adjustment Date.
Group
I Certificate Group: The Group I-1 Senior Certificates and Group
I-2 Senior Certificates, as applicable.
Group
I Certificates: The Group I Senior Certificates, Group I
Subordinate Certificates and the Class R-I Certificates.
Group
I Cross-Over Date: The first Distribution Date on which the aggregate
Current Principal Amount of the Group I Subordinate Certificates has been
reduced to zero (giving effect to all distributions on such Distribution
Date).
Group
I Loss Allocation Limitation: The meaning specified in Section 6.02(d)
hereof.
Group
I Mortgage Loans: The Group I-1 Mortgage Loans and Group I-2 Mortgage
Loans.
Group
I Non-Offered Subordinate Certificates: The Class I-B-4, Class
I-B-5 and Class I-B-6 Certificates.
Group
I Offered Subordinate Certificates: The Class I-B-1, Class I-B-2
and Class I-B-3 Certificates.
Group
I Senior Certificates: The Class I-1A-1, Class I-1A-2, Class
I-1X-1, Class I-2A-1, Class I-2A-2 and Class I-2X-1
Certificates.
Group
I Senior Percentage: For each of Loan Group I-1 and Loan Group I-2,
initially 94.75%. On any Distribution Date, the lesser of (i) 100% and (ii)
the
percentage (carried to six places rounded up) obtained by dividing the aggregate
Current Principal Amount of the related Group I Senior Certificates immediately
preceding such Distribution Date by the aggregate Scheduled Principal Balance
of
the related Group I Mortgage Loans as of the beginning of the related Due
Period.
Group
I Senior Prepayment Percentage: On any Distribution Date occurring during
the periods set forth below, as follows:
Period
(dates inclusive)
|
Group
I Senior Prepayment Percentage
|
|
June
25, 2007– May 25, 2014
|
100%.
|
|
June
25, 2014 – May 25, 2015
|
Senior
Percentage for the Group I-1 Senior Certificates and Group I-2 Senior
Certificates plus 70% of the related Group I Subordinate
Percentage.
|
|
June
25, 2015 – May 25, 2016
|
Senior
Percentage for the Group I-1 Senior Certificates and Group I-2 Senior
Certificates plus 60% of the related Group I Subordinate
Percentage.
|
|
June
25, 2016 – May 25, 2017
|
Senior
Percentage for the Group I-1 Senior Certificates and Group I-2 Senior
Certificates plus 40% of the related Group I Subordinate
Percentage.
|
|
June
25, 2017 – May 25, 2018
|
Senior
Percentage for the Group I-1 Senior Certificates and Group I-2 Senior
Certificates plus 20% of the related Group I Subordinate
Percentage.
|
|
June
25, 2018 and thereafter
|
Senior
Percentage for the Group I-1 Senior Certificates and Group I-2 Senior
Certificates.
|
Any
scheduled reduction to the Group I Senior Prepayment Percentage for the Group
I-1 Senior Certificates and Group I-2 Senior Certificates shall not be made
as
of any Distribution Date unless, as of the last day of the month preceding
such
Distribution Date (1) the aggregate Scheduled Principal Balance of the Group
I-1
Mortgage Loans and Group I-2 Mortgage Loans delinquent 60 days or more
(including for this purpose any such Group I-1 Mortgage Loans and Group I-2
Mortgage Loans in foreclosure and bankruptcy and such Group I-1 Mortgage
Loans
and Group I-2 Mortgage Loans with respect to which the related Mortgaged
Property has been acquired by the trust) averaged over the last six months,
as a
percentage of the aggregate Current Principal Amount of the Group I Subordinate
Certificates does not exceed 50% and (2) cumulative Realized Losses on the
Group
I Mortgage Loans do not exceed (a) 30% of the aggregate Current Principal
Amount
of the Original Group I Subordinate Principal Balance if such Distribution
Date
occurs between and including June 2014 and May 2015, (b) 35% of the Original
Group I Subordinate Principal Balance if such Distribution Date occurs between
and including June 2015 and May 2016, (c) 40% of the Original Group I
Subordinate Principal Balance if such Distribution Date occurs between and
including June 2016 and May 2017, (d) 45% of the Original Group I Subordinate
Principal Balance if such Distribution Date occurs between and including
June
2017 and May 2018, and (e) 50% of the Original Group I Subordinate Principal
Balance if such Distribution Date occurs during or after June 2018.
In
addition, if on any Distribution Date the current weighted average of the
Subordinate Percentages for the Group I Subordinate Certificates is equal
to or
greater than two times the initial weighted average of the Subordinate
Percentages for the Group I Subordinate Certificates, and (a) the aggregate
Scheduled Principal Balance of the Group I Mortgage Loans delinquent 60 days
or
more (including for this purpose any such Group I Mortgage Loans in foreclosure
and bankruptcy and such Group I Mortgage Loans with respect to which the
related
Mortgaged Property has been acquired by the trust), averaged over the last
six
months, as a percentage of the aggregate Current Principal Amount of the
Group I
Subordinate Certificates does not exceed 50% and (b)(i) on or prior to the
Distribution Date occurring in May 2010, cumulative Realized Losses on the
Group
I Mortgage Loans as of the end of the related Prepayment Period do not exceed
20% of the Original Group I Subordinate Principal Balance and (ii) after
the
Distribution Date occurring in May 2010, cumulative Realized Losses on the
Group
I Mortgage Loans as of the end of the related Prepayment Period do not exceed
30% of the Original Group I Subordinate Principal Balance, then, in each
case,
the Group I Senior Prepayment Percentages for the Group I-1 Senior Certificates
and Group I-2 Senior Certificates for such Distribution Date will equal the
Group I Senior Percentage for the Group I-1 Senior Certificates and Group
I-2
Senior Certificates, respectively; provided, however, if on such Distribution
Date the current weighted average of the Subordinate Percentages for the
Group
I-1 Certificates and Group I-2 Certificates is equal to or greater than two
times the initial weighted average of the Subordinate Percentages for the
Group
I-1 Certificates and Group I-2 Certificates on or prior to the Distribution
Date
occurring in May 2010 and the above delinquency and loss tests are met, then
the
Group I Senior Prepayment Percentages for the Group I Senior Certificates
for
such Distribution Date will equal the Group I Senior Percentage for the Group
I-1 Senior Certificates and Group I-2 Senior Certificates, respectively,
plus
50% of the Group I Subordinate Percentage on such Distribution
Date.
Notwithstanding
the foregoing, if, on any Distribution Date, the percentage, the numerator
of
which is the aggregate Current Principal Amount of the Senior Certificates
of
Loan Group I immediately preceding such Distribution Date, and the denominator
of which is the Scheduled Principal Balance of the mortgage loans in Loan
Group
I as of the beginning of the related Due Period, exceeds such percentage
as of
the Cut-off Date, then the Group I Senior Prepayment Percentage with respect
to
the Senior Certificates of Loan Group I for such Distribution Date will equal
100%.
Group
I Subordinate Certificates: The Class I-B-1, Class I-B-2, Class I-B-3, Class
I-B-4, Class I-B-5 and Class I-B-6 Certificates.
Group
I Subordinate Optimal Principal Amount: With respect to the Group I
Subordinate Certificates and any Distribution Date, an amount equal to the
sum,
without duplication, of the following for the Group I-1 Mortgage Loans and
Group
I-2 Mortgage Loans (but in no event greater than the aggregate Current Principal
Amount of the Group I Subordinate Certificates immediately prior to such
Distribution Date):
(i) the
applicable Group I Subordinate Percentage with respect to the related Loan
Group
I of the principal portion of all Scheduled Payments due on each Outstanding
Mortgage Loan in the related Loan Group on the related Due Date as specified
in
the amortization schedule at the time applicable thereto (after adjustment
for
previous Principal Prepayments but before any adjustment to such amortization
schedule by reason of any bankruptcy or similar proceeding or any moratorium
or
similar waiver or grace period);
(ii) the
applicable Group I Subordinate Prepayment Percentage with respect to the
related
Loan Group I of the Scheduled Principal Balance of each related Group I Mortgage
Loan that was the subject of a Principal Prepayment in full received by the
Servicers during the related Prepayment Period;
(iii) the
applicable Group I Subordinate Prepayment Percentage with respect to the
related
Loan Group I of each Principal Prepayment in part received during the related
Prepayment Period with respect to each Mortgage Loan in the related Loan
Group;
(iv) the
excess, if any, of (a) all Net Liquidation Proceeds allocable to principal
received during the related Prepayment Period in respect of each Liquidated
Mortgage Loan in the related Loan Group and all Subsequent Recoveries received
in respect of each Liquidated Mortgage Loan in the related Loan Group during
the
related Due Period over (b) the sum of the amounts distributable to the related
Senior Certificateholders pursuant to clause (iv) of the related definition
of
Senior Optimal Principal Amount on such Distribution Date;
(v) the
applicable Group I Subordinate Prepayment Percentage with respect to the
related
Loan Group I of the sum of (a) the Scheduled Principal Balance of each Mortgage
Loan in the related Loan Group which was purchased with respect to such
Distribution Date and (b) the difference, if any, between the Scheduled
Principal Balance of each Mortgage Loan in the related Loan Group that has
been
replaced by the Seller with a Substitute Mortgage Loan pursuant to the Mortgage
Loan Purchase Agreement in connection with such Distribution Date over the
Scheduled Principal Balance of each such Substitute Mortgage Loan;
and
(vi) on
the Distribution Date on which the Current Principal Amounts of the related
Senior Certificates have all been reduced to zero, 100% of the related Senior
Optimal Principal Amount. After the aggregate Current Principal Amount of
the
Group I Subordinate Certificates has been reduced to zero, the Group I
Subordinate Optimal Principal Amount shall be zero.
Group
I Subordinate Percentage: On any Distribution Date and Loan Group I-1 and
Loan Group I-2, 100% minus the applicable Group I Senior
Percentage.
Group
I Subordinate Prepayment Percentage: With respect to the Group I-1 Mortgage
Loans and Group I-2 Mortgage Loans, on any Distribution Date, 100% minus the
Senior Prepayment Percentage for the Senior Certificates of the related
Certificate Group, except that on any Distribution Date after the Current
Principal Amounts of the Group I-1 Senior Certificates and Group I-2 Senior
Certificates have each been reduced to zero, if (a) the weighted average of
the
applicable Group I Subordinate Percentages on such Distribution Date equals
or
exceeds two times the initial weighted average of the applicable Group I
Subordinate Percentages and (b) the aggregate Scheduled Principal Balance of
the
Group I Mortgage Loans Delinquent 60 days or more (including for this purpose
any such Group I Mortgage Loans in foreclosure and Group I Mortgage Loans with
respect to which the related Mortgaged Property has been acquired by the Trust),
averaged over the last six months, as a percentage of the sum of the aggregate
Current Principal Amount of the Group I Subordinate Certificates does not exceed
50%, the applicable Group I Subordinate Prepayment Percentage will equal
100%. If the test set forth in the preceding sentence is not
satisfied on any Distribution Date after the Current Principal Amount of the
Group I Senior Certificates related to any of Loan Group I-1 and Loan Group
I-2
has each been reduced to zero, then the applicable Group I Subordinate
Prepayment Percentage will equal zero for such Distribution Date.
Group
I-1 Available Funds: With respect to any Distribution Date, an
amount equal to the aggregate of the following amounts with respect to the
Group
I-1 Mortgage Loans: (a) all previously undistributed payments on account of
principal (including the principal portion of Scheduled Payments, Principal
Prepayments and the principal portion of Net Liquidation Proceeds and Subsequent
Recoveries, each in respect of Loan Group I-1), less any Capitalization
Reimbursement Amount related to such Loan Group for that Distribution Date,
and
all previously undistributed payments on account of interest received after
the
Cut-off Date and on or prior to the related Determination Date and the amount
of
any repurchase proceeds, (b) any Monthly Advances by a Servicer or the Master
Servicer with respect to such Distribution Date, (c) any Compensating Interest
made by a Servicer with respect to such Distribution Date and (d) any reimbursed
amount in connection with losses on investments of deposits in an account,
except:
(i)
all payments that were due on or before the Cut-off Date;
(ii) all
Principal Prepayments and Liquidation Proceeds received in respect of any
Group
I-1 Mortgage Loan after the applicable Prepayment Period;
(iii) all
payments in respect of any Group I-1 Mortgage Loan, other than Principal
Prepayments, that represent early receipt of Scheduled Payments due on a date
or
dates subsequent to the related Due Date;
(iv) amounts
received on particular Group I-1 Mortgage Loans as late payments of principal
or
interest and respecting which, and to the extent that, there are any
unreimbursed Monthly Advances;
(v) amounts
representing Monthly Advances in respect of any Group I-1 Mortgage Loan
determined to be Nonrecoverable Advances;
(vi) any
investment earnings on amounts on deposit in the Distribution Account or Master
Servicer Collection Account and amounts permitted to be withdrawn from the
Distribution Account or Master Servicer Collection in respect of any Group
I-1
Mortgage Loan pursuant to this Agreement;
(vii) amounts
in respect of any Group I-1 Mortgage Loan needed to pay the Servicing Fees
or to
reimburse any Servicer or the Master Servicer for amounts due under the
applicable Servicing Agreement and the Agreement to the extent such amounts
have
not been retained by, or paid previously to, such Servicer or the Master
Servicer;
(viii) any
fees payable under any lender-paid primary mortgage insurance policy in respect
of any Group I-1 Mortgage Loan; and
(ix)
any expenses or other amounts in respect of any Group I-1 Mortgage Loan
reimbursable to the Trustee, the Securities Administrator and any Custodian
pursuant to Section 7.04(c) or Section 9.05.
Group
I-1 Mortgage Loans: The Mortgage Loans identified as such on the Mortgage
Loan Schedule.
Group
I-1 Senior Certificates: The Class I-1A-1, Class I-1A-2 and Class
I-1X-1 Certificates.
Group
I-2 Available Funds: With respect to any Distribution Date, an
amount equal to the aggregate of the following amounts with respect to the
Group
I-2 Mortgage Loans: (a) all previously undistributed payments on account of
principal (including the principal portion of Scheduled Payments, Principal
Prepayments, the principal portion of Net Liquidation Proceeds and Subsequent
Recoveries, each in respect of Loan Group I-2), less any Capitalization
Reimbursement Amount related to such Loan Group for that Distribution Date,
and
all previously undistributed payments on account of interest received after
the
Cut-off Date and on or prior to the related Determination Date and the amount
of
any repurchase proceeds, (b) any Monthly Advances by a Servicer or the Master
Servicer with respect to such Distribution Date, (c) any Compensating Interest
made by a Servicer with respect to such Distribution Date and (d) any reimbursed
amount in connection with losses on investments of deposits in an account,
except:
(i)
all payments that were due on or before the Cut-off Date;
(ii) all
Principal Prepayments and Liquidation Proceeds received in respect of any Group
I-2 Mortgage Loan after the applicable Prepayment Period;
(iii) all
payments in respect of any Group I-2 Mortgage Loan, other than Principal
Prepayments, that represent early receipt of Scheduled Payments due on a date
or
dates subsequent to the related Due Date;
(iv) amounts
received on particular Group I-2 Mortgage Loans as late payments of principal
or
interest and respecting which, and to the extent that, there are any
unreimbursed Monthly Advances;
(v) amounts
representing Monthly Advances in respect of any Group I-2 Mortgage Loan
determined to be Nonrecoverable Advances;
(vi) any
investment earnings on amounts on deposit in the Distribution Account or Master
Servicer Collection Account and amounts permitted to be withdrawn from the
Distribution Account or Master Servicer Collection in respect of any Group
I-2
Mortgage Loan pursuant to this Agreement;
(vii) amounts
in respect of any Group I-2 Mortgage Loan needed to pay the Servicing Fees
or to
reimburse any Servicer or the Master Servicer for amounts due under the
applicable Servicing Agreement and the Agreement to the extent such amounts
have
not been retained by, or paid previously to, such Servicer or the Master
Servicer;
(viii) any
fees payable under any lender-paid primary mortgage insurance policy in respect
of any Group I-2 Mortgage Loan; and
(ix) any
expenses or other amounts in respect of any Group I-2 Mortgage Loan reimbursable
to the Trustee, the Securities Administrator and any Custodian pursuant to
Section 7.04(c) or Section 9.05.
Group
I-2 Mortgage Loans: The Mortgage Loans identified as such on the Mortgage
Loan Schedule.
Group
I-2 Senior Certificates: The Class I-2A-1, Class I-2A-2 and Class
I-2X-1 Certificates.
Group
II Certificate Group: The Group I-1 Senior Certificates and Group
I-2 Senior Certificates, as applicable.
Group
II Certificates: The Group II Senior Certificates, Group II
Subordinate Certificates and the Class R-II, Class R-III and Class R-IV
Certificates.
Group
II Cross-Over Date: The first Distribution Date on which the aggregate
Current Principal Amount of the Group II Subordinate Certificates has been
reduced to zero (giving effect to all distributions on such Distribution
Date).
Group
II Initial Interest Coverage Deposit: The amount to be paid by the Depositor
to the Securities Administrator for deposit in the Group II Interest Coverage
Account on the Closing Date, which amount is $1,244,617.00.
Group
II Interest Coverage Account: The account or sub-account established and
maintained pursuant to Section 4.07 and which shall be an Eligible Account
or a
sub-account of an Eligible Account.
Group
II Interest Coverage Distribution Amount: The sum of the Loan Group II-1
Interest Coverage Distribution Amounts and Loan Group II-2 Interest Coverage
Distribution Amounts.
Group
II Loss Allocation Limitation: The meaning specified in Section 6.02(d)
hereof.
Group
II Mortgage Loans: The Group II-1 Mortgage Loans and Group II-2 Mortgage
Loans.
Group
II Non-Offered Subordinate Certificates: The Class II-B-4, Class
II-B-5 and Class II-B-6 Certificates.
Group
II Offered Subordinate Certificates: The Class II-B-1, Class
II-B-2 and Class II-B-3 Certificates.
Group
II Pre-Funded Amount: The sum of the Loan Group II-1 Pre-Funded Amounts and
Loan Group II-2 Pre-Funded Amounts, which amount is
$174,595,023.03.
Group
II Pre-Funding Account: The account or sub-account established and
maintained pursuant to Section 4.06(a) and which shall be an Eligible Account
or
a sub-account of an Eligible Account.
Group
II Pre-Funding Period: The period from the Closing Date until the earlier of
(i) the date on which the amount on deposit in the Group II Pre-Funding Account
(exclusive of investment income) is reduced to zero and (ii) July 30,
2007.
Group
II Remaining Pre-Funded Amount: The sum of the Loan Group II-1
Remaining Pre-Funded Amount and the Loan Group II-2 Remaining Pre-Funded
Amount.
Group
II Senior Certificates: The Class II-1A-1, Class II-1A-2, Class
II-1X-1, Class II-2A-1, Class II-2A-2 and Class II-2X-1
Certificates
Group
II Senior Percentage: For each of Loan Group I-1 and Loan Group I-2,
initially 96.50%. On any Distribution Date, the lesser of (i) 100% and (ii)
the
percentage (carried to six places rounded up) obtained by dividing the aggregate
Current Principal Amount of the related Group II Senior Certificates immediately
preceding such Distribution Date by the aggregate Scheduled Principal Balance
of
the related Group II Mortgage Loans as of the beginning of the related Due
Period.
Group
II Senior Prepayment Percentage: On any Distribution Date occurring during
the periods set forth below, as follows:
Period
(dates inclusive)
|
Group
II Senior Prepayment Percentage
|
|
June
25, 2007– May 25, 2014
|
100%.
|
|
June
25, 2014 – May 25, 2015
|
Senior
Percentage for the Group II-1 Senior Certificates and Group II-2
Senior
Certificates plus 70% of the related Group II Subordinate
Percentage.
|
|
June
25, 2015 – May 25, 2016
|
Senior
Percentage for the Group II-1 Senior Certificates and Group II-2
Senior
Certificates plus 60% of the related Group II Subordinate
Percentage.
|
|
June
25, 2016 – May 25, 2017
|
Senior
Percentage for the Group II-1 Senior Certificates and Group II-2
Senior
Certificates plus 40% of the related Group II Subordinate
Percentage.
|
|
June
25, 2017 – May 25, 2018
|
Senior
Percentage for the Group II-1 Senior Certificates and Group II-2
Senior
Certificates plus 20% of the related Group II Subordinate
Percentage.
|
|
June
25, 2018 and thereafter
|
Senior
Percentage for the Group II-1 Senior Certificates and Group II-2
Senior
Certificates.
|
Any
scheduled reduction to the Group II Senior Prepayment Percentage for the
Group
II-1 Senior Certificates and Group II-2 Senior Certificates shall not be
made as
of any Distribution Date unless, as of the last day of the month preceding
such
Distribution Date (1) the aggregate Scheduled Principal Balance of the Group
II-1 Mortgage Loans and Group II-2 Mortgage Loans Delinquent 60 days or more
(including for this purpose any such Group II-1 Mortgage Loans and Group
II-2
Mortgage Loans in foreclosure and bankruptcy and such Group II-1 Mortgage
Loans
and Group II-2 Mortgage Loans with respect to which the related Mortgaged
Property has been acquired by the trust) averaged over the last six months,
as a
percentage of the aggregate Current Principal Amount of the Group II Subordinate
Certificates does not exceed 50% and (2) cumulative Realized Losses on the
Group
II Mortgage Loans do not exceed (a) 30% of the aggregate Current Principal
Amount of the Original Group II Subordinate Principal Balance if such
Distribution Date occurs between and including June 2014 and May 2015, (b)
35%
of the Original Group II Subordinate Principal Balance if such Distribution
Date
occurs between and including June 2015 and May 2016, (c) 40% of the Original
Group II Subordinate Principal Balance if such Distribution Date occurs between
and including June 2016 and May 2017, (d) 45% of the Original Group II
Subordinate Principal Balance if such Distribution Date occurs between and
including June 2017 and May 2018, and (e) 50% of the Original Group II
Subordinate Principal Balance if such Distribution Date occurs during or
after
June 2018.
In
addition, if on any Distribution Date the current weighted average of the
Subordinate Percentages for the Group II Subordinate Certificates is equal
to or
greater than two times the initial weighted average of the Subordinate
Percentages for the Group II Subordinate Certificates, and (a) the aggregate
Scheduled Principal Balance of the Group II Mortgage Loans Delinquent 60
days or
more (including for this purpose any such Group II Mortgage Loans in foreclosure
and bankruptcy and such Group II Mortgage Loans with respect to which the
related Mortgaged Property has been acquired by the trust), averaged over
the
last six months, as a percentage of the aggregate Current Principal Amount
of
the Group II Subordinate Certificates does not exceed 50% and (b)(i) on or
prior
to the Distribution Date occurring in May 2010, cumulative Realized Losses
on
the Group II Mortgage Loans as of the end of the related Prepayment Period
do
not exceed 20% of the Original Group II Subordinate Principal Balance and
(ii)
after the Distribution Date occurring in May 2010, cumulative Realized Losses
on
the Group II Mortgage Loans as of the end of the related Prepayment Period
do
not exceed 30% of the Original Group II Subordinate Principal Balance, then,
in
each case, the Group II Senior Prepayment Percentages for the Group II-1
Senior
Certificates and Group II-2 Senior Certificates for such Distribution Date
will
equal the Group II Senior Percentage for the Group II-1 Senior Certificates
and
Group II-2 Senior Certificates, respectively; provided, however, if on such
Distribution Date the current weighted average of the Subordinate Percentages
for the Group II-1 Certificates and Group II-2 Certificates is equal to or
greater than two times the initial weighted average of the Subordinate
Percentages for the Group II-1 Certificates and Group II-2 Certificates on
or
prior to the Distribution Date occurring in May 2010 and the above delinquency
and loss tests are met, then the Senior Prepayment Percentages for the Group
II
Senior Certificates for such Distribution Date will equal the Group II Senior
Percentage for the Group II-1 Senior Certificates and Group II-2 Senior
Certificates, respectively, plus 50% of the Group II Subordinate Percentage
on
such Distribution Date.
Notwithstanding
the foregoing, if, on any Distribution Date, the percentage, the numerator
of
which is the aggregate Current Principal Amount of the Senior Certificates
of
Loan Group II immediately preceding such Distribution Date, and the denominator
of which is the Scheduled Principal Balance of the Mortgage Loans in Loan Group
II as of the beginning of the related Due Period, exceeds such percentage as
of
the Cut-off Date, then the Group II Senior Prepayment Percentage with respect
to
the Senior Certificates of Loan Group II for such Distribution Date will equal
100%.
Group
II Subordinate Certificates: The Class II-B-1, Class II-B-2, Class II-B-3,
Class II-B-4, Class II-B-5 and Class II-B-6 Certificates.
Group
II Subordinate Optimal Principal Amount: With respect to the Group II
Subordinate Certificates and any Distribution Date, an amount equal to the
sum,
without duplication, of the following for the Group II-1 Mortgage Loans and
Group II-2 Mortgage Loans (but in no event greater than the aggregate Current
Principal Amount of the Group II Subordinate Certificates immediately prior
to
such Distribution Date):
(i) the
applicable Group II Subordinate Percentage with respect to the related Loan
Group II of the principal portion of all Scheduled Payments due on each
Outstanding Mortgage Loan in the related Loan Group on the related Due Date
as
specified in the amortization schedule at the time applicable thereto (after
adjustment for previous Principal Prepayments but before any adjustment to
such
amortization schedule by reason of any bankruptcy or similar proceeding or
any
moratorium or similar waiver or grace period);
(ii) the
applicable Group II Subordinate Prepayment Percentage with respect to the
related Loan Group II of the Scheduled Principal Balance of each related
Group
II Mortgage Loan that was the subject of a Principal Prepayment in full received
by the Servicers during the related Prepayment Period;
(iii) the
applicable Group II Subordinate Prepayment Percentage with respect to the
related Loan Group II of each Principal Prepayment in part received during
the
related Prepayment Period with respect to each Mortgage Loan in the related
Loan
Group;
(iv) the
excess, if any, of (a) all Net Liquidation Proceeds allocable to principal
received during the related Prepayment Period in respect of each Liquidated
Mortgage Loan in the related Loan Group and all Subsequent Recoveries received
in respect of each Liquidated Mortgage Loan in the related Loan Group during
the
related Due Period over (b) the sum of the amounts distributable to the related
Senior Certificateholders pursuant to clause (iv) of the related definition
of
Senior Optimal Principal Amount on such Distribution Date;
(v) the
applicable Group II Subordinate Prepayment Percentage with respect to the
related Loan Group II of the sum of (a) the Scheduled Principal Balance of
each
Mortgage Loan in the related Loan Group which was purchased with respect
to such
Distribution Date and (b) the difference, if any, between the Scheduled
Principal Balance of each Mortgage Loan in the related Loan Group that has
been
replaced by the Seller with a Substitute Mortgage Loan pursuant to the Mortgage
Loan Purchase Agreement in connection with such Distribution Date over the
Scheduled Principal Balance of each such Substitute Mortgage Loan;
and
(vi) on
the Distribution Date on which the Current Principal Amounts of the related
Senior Certificates have all been reduced to zero, 100% of the related Senior
Optimal Principal Amount. After the aggregate Current Principal Amount of
the
Group II Subordinate Certificates has been reduced to zero, the Group II
Subordinate Optimal Principal Amount shall be zero.
Group
II Subordinate Percentage: On any Distribution Date and Loan Group II-1 and
Loan Group II-2, 100% minus the applicable Group II Senior
Percentage.
Group
II Subordinate Prepayment Percentage: With respect to the Group II-1
Mortgage Loans and Group II-2 Mortgage Loans, on any Distribution Date, 100%
minus the Senior Prepayment Percentage for the Senior Certificates of the
related Certificate Group, except that on any Distribution Date after the
Current Principal Amounts of the Group II-1 Senior Certificates and Group
II-2
Senior Certificates have each been reduced to zero, if (a) the weighted average
of the applicable Group II Subordinate Percentages on such Distribution Date
equals or exceeds two times the initial weighted average of the applicable
Group
II Subordinate Percentages and (b) the aggregate Scheduled Principal Balance
of
the Group II Mortgage Loans Delinquent 60 days or more (including for this
purpose any such Group II Mortgage Loans in foreclosure and Group II Mortgage
Loans with respect to which the related Mortgaged Property has been acquired
by
the Trust), averaged over the last six months, as a percentage of the sum
of the
aggregate Current Principal Amount of the Group II Subordinate Certificates
does
not exceed 50%, the applicable Group II Subordinate Prepayment Percentage
will
equal 100%. If the test set forth in the preceding sentence is not
satisfied on any Distribution Date after the Current Principal Amount of
the
Group II Senior Certificates related to any of Loan Group II-1 and Loan Group
II-2 has each been reduced to zero, then the applicable Group II Subordinate
Prepayment Percentage will equal zero for such Distribution Date.
Group
II Subsequent Mortgage Loans: The Group II Mortgage Loans that will be
acquired by the Trust during the Group II Pre-Funding Period with amounts
on
deposit in the Group II Pre-Funding Account, which Group II Mortgage Loans
will
be held as part of the Trust Fund. Such Mortgage Loans will be
transferred and assigned to the Trustee pursuant to the Subsequent Transfer
Instrument.
Group
II-1 Available Funds: With respect to any Distribution Date, an
amount equal to the aggregate of the following amounts with respect to the
Group
II-1 Mortgage Loans: (a) all previously undistributed payments on account of
principal (including the principal portion of Scheduled Payments, Principal
Prepayments, the principal portion of Net Liquidation Proceeds and Subsequent
Recoveries, each in respect of Loan Group II-1), less any Capitalization
Reimbursement Amount related to such Loan Group for that Distribution Date,
and
all previously undistributed payments on account of interest received after
the
Cut-off Date and on or prior to the related Determination Date, and the amount
of any repurchase proceeds (b) any Monthly Advances by a Servicer or the Master
Servicer with respect to such Distribution Date, (c) any amounts remitted from
the Group II Pre-Funding Account and Group II Interest Coverage Account
allocable to Loan Group II-1 for payment to the related Certificateholders,
(d)
any Compensating Interest made by a Servicer with respect to such Distribution
Date and (e) any reimbursed amount in connection with losses on investments
of
deposits in an account, except:
(i)
all payments that were due on or before the Cut-off Date;
(ii) all
Principal Prepayments and Liquidation Proceeds received in respect of any Group
II-1 Mortgage Loan after the applicable Prepayment Period;
(iii) all
payments in respect of any Group II-1 Mortgage Loan, other than Principal
Prepayments, that represent early receipt of Scheduled Payments due on a date
or
dates subsequent to the related Due Date;
(iv) amounts
received on particular Group II-1 Mortgage Loans as late payments of principal
or interest and respecting which, and to the extent that, there are any
unreimbursed Monthly Advances;
(v) amounts
representing Monthly Advances in respect of any Group II-1 Mortgage Loan
determined to be Nonrecoverable Advances;
(vi) any
investment earnings on amounts on deposit in the Distribution Account or Master
Servicer Collection Account and amounts permitted to be withdrawn from the
Distribution Account or Master Servicer Collection in respect of any Group
II-1
Mortgage Loan pursuant to this Agreement;
(vii) amounts
in respect of any Group II-1 Mortgage Loan needed to pay the Servicing Fees
or
to reimburse any Servicer or the Master Servicer for amounts due under the
applicable Servicing Agreement and the Agreement to the extent such amounts
have
not been retained by, or paid previously to, such Servicer or the Master
Servicer;
(viii) any
fees payable under any lender-paid primary mortgage insurance policy in respect
of any Group II-1 Mortgage Loan; and
(ix)
any expenses or other amounts in respect of any Group II-1 Mortgage Loan
reimbursable to the Trustee, the Securities Administrator and any Custodian
pursuant to Section 7.04(c) or Section 9.05.
Group
II-1 Interest Coverage Distribution Amount: With respect to each
Distribution Date, an amount equal to (x) the weighted average of the Net
Mortgage Rates on the then outstanding Group II-1 Mortgage Loans, weighted
based
on the Scheduled Principal Balances of such Mortgage Loans as of the related
Due
Date prior to giving effect to any reduction in the Scheduled Principal Balances
of such Mortgage Loans on such Due Date, multiplied by (y) the sum of (A) the
Group II-1 Remaining Pre-Funded Amount outstanding at the end of the related
Due
Period and (B) the aggregate Scheduled Principal Balance of the Group II-1
Subsequent Mortgage Loans that do not have a Subsequent Cut-off Date prior
to
the end of the related Due Period, transferred to the Trust during the related
Due Period.
Group
II-1 Pre-Funded Amount: The amount deposited by the Depositor in the Group
II Pre-Funding Account on the Closing Date for the Group II-1 Subsequent
Mortgage Loans, which amount is $16,391,261.58.
Group
II-1 Mortgage Loans: The Mortgage Loans identified as such on the Mortgage
Loan Schedule. For purposes of interpreting the provisions in this
Agreement containing the term “Group II-1 Mortgage Loan” or “Loan Group II-1”,
each reference to “Group II-1 Mortgage Loans” or “Loan Group II-1”, other than
that contained in the definition of “Group II-1 Interest Coverage
Distribution Amount”, shall be deemed to include references to the
Group II-1 Remaining Pre-Funded Amount and (without duplication) the Group
II-1
Subsequent Mortgage Loans included in Loan Group II-1, in each case for the
relevant determination date.
Group
II-1 Remaining Pre-Funded Amount: With respect to Group II-1, an amount
equal to the Group II-1 Pre-Funded Amount minus the amount equal to 100% of
the
aggregate Scheduled Principal Balance of the Group II-1 Subsequent Mortgage
Loans transferred to such Loan Group during the Group II Pre-Funding
Period.
Group
II-1 Senior Certificates: The Class II-1A-1, Class II-1A-2 and
Class II-1X-1 Certificates.
Group
II-1 Subsequent Mortgage Loans: The Mortgage Loans identified as such on the
Mortgage Loan Schedule.
Group
II-2 Available Funds: With respect to any Distribution Date, an
amount equal to the aggregate of the following amounts with respect to the
Group
II-2 Mortgage Loans: (a) all previously undistributed payments on account of
principal (including the principal portion of Scheduled Payments, Principal
Prepayments, the principal portion of Net Liquidation Proceeds and Subsequent
Recoveries, each in respect of Loan Group II-2), less any Capitalization
Reimbursement Amount related to such Loan Group for that Distribution Date,
and
all previously undistributed payments on account of interest received after
the
Cut-off Date and on or prior to the related Determination Date and the amount
of
any repurchase proceeds, (b) any Monthly Advances by a Servicer or the Master
Servicer with respect to such Distribution Date, (c) any amounts remitted from
the Group II Pre-Funding Account and Group II Interest Coverage Account
allocable to Loan Group II-2 for payment to the related Certificateholders
(d)
any Compensating Interest made by a Servicer with respect to such Distribution
Date and (e) any reimbursed amount in connection with losses on investments
of
deposits in an account, except:
(i)
all payments that were due on or before the Cut-off Date;
(ii)
all Principal Prepayments and Liquidation Proceeds received in respect of any
Group II-2 Mortgage Loan after the applicable Prepayment Period;
(iii) all
payments in respect of any Group II-2 Mortgage Loan, other than Principal
Prepayments, that represent early receipt of Scheduled Payments due on a date
or
dates subsequent to the related Due Date;
(iv) amounts
received on particular Group II-2 Mortgage Loans as late payments of principal
or interest and respecting which, and to the extent that, there are any
unreimbursed Monthly Advances;
(v)
amounts representing Monthly Advances in respect of any Group II-2 Mortgage
Loan
determined to be Nonrecoverable Advances;
(vi) any
investment earnings on amounts on deposit in the Distribution Account or Master
Servicer Collection Account and amounts permitted to be withdrawn from the
Distribution Account or Master Servicer Collection in respect of any Group
II-2
Mortgage Loan pursuant to this Agreement;
(vii) amounts
in respect of any Group II-2 Mortgage Loan needed to pay the Servicing Fees
or
to reimburse any Servicer or the Master Servicer for amounts due under the
applicable Servicing Agreement and the Agreement to the extent such amounts
have
not been retained by, or paid previously to, such Servicer or the Master
Servicer;
(viii) any
fees payable under any lender-paid primary mortgage insurance policy in respect
of any Group II-2 Mortgage Loan; and
(ix)
any expenses or other amounts in respect of any Group II-2 Mortgage Loan
reimbursable to the Trustee, the Securities Administrator and any Custodian
pursuant to Section 7.04(c) or Section 9.05.
Group
II-2 Interest Coverage Distribution Amount: With respect to each
Distribution Date, an amount equal to (x) the weighted average of the Net
Mortgage Rates on the then outstanding Group II-2 Mortgage Loans, weighted
based
on the Scheduled Principal Balances of such Mortgage Loans as of the related
Due
Date prior to giving effect to any reduction in the Scheduled Principal Balances
of such Mortgage Loans on such Due Date, multiplied by (y) the sum of (A) the
Group II-2 Remaining Pre-Funded Amount outstanding at the end of the related
Due
Period and (B) the aggregate Scheduled Principal Balance of the Group II-2
Subsequent Mortgage Loans that do not have a Subsequent Cut-off Date prior
to
the end of the related Due Period, transferred to the Trust during the related
Due Period.
Group
II-2 Mortgage Loans: The Mortgage Loans (including the Group II Subsequent
Mortgage Loans) identified as such on the Mortgage Loan Schedule. For
purposes of interpreting the provisions in this Agreement containing the term
“Group II-2 Mortgage Loan” or “Loan Group II-2”, each reference to “Group II-2
Mortgage Loans” or “Loan Group II-2”, other than that contained in the
definition of “Group II-2 Interest Coverage Distribution Amount”,
shall be deemed to include references to the Group II-2 Remaining Pre-Funded
Amount and (without duplication) the Group II-2 Subsequent Mortgage Loans
included in Loan Group II-2, in each case for the relevant determination
date.
Group
II-2 Pre-Funded Amount: The amount deposited by the Depositor in the Group
II Pre-Funding Account on the Closing Date for the Group II-2 Subsequent
Mortgage Loans, which amount is $158,203,761.45.
Group
II-2 Remaining Pre-Funded Amount: With respect to Group II-2, an amount
equal to the Group II-2 Pre-Funded Amount minus the amount equal to 100% of
the
aggregate Scheduled Principal Balance of the Group II-2 Subsequent Mortgage
Loans transferred to such Loan Group during the Group II Pre-Funding
Period.
Group
II-2 Subsequent Mortgage Loans: The Mortgage Loans identified as such on the
Mortgage Loan Schedule.
Group
II-2 Senior Certificates: The Class II-2A-1, Class II-2A-2 and
Class II-2X-1 Certificates.
Holder:
The Person in whose name a Certificate is registered in the Certificate
Register, except that, subject to Subsections 12.02(b) and 12.05(e), solely
for
the purpose of giving any consent pursuant to this Agreement, any Certificate
registered in the name of the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any Affiliate thereof shall be deemed not to
be
outstanding and the Fractional Undivided Interest evidenced thereby shall not
be
taken into account in determining whether the requisite percentage of Fractional
Undivided Interests necessary to effect any such consent has been
obtained.
Indemnified
Persons: The Trustee, the Master Servicer, each Custodian and the Securities
Administrator and their officers, directors, agents and employees and, with
respect to the Trustee, any separate co-trustee and its officers, directors,
agents and employees.
Independent:
When used with respect to any specified Person, this term means that such Person
(a) is in fact independent of the Depositor or the Master Servicer and of any
Affiliate of the Depositor or the Master Servicer, (b) does not have any direct
financial interest or any material indirect financial interest in the Depositor
or the Master Servicer or any Affiliate of the Depositor or the Master Servicer
and (c) is not connected with the Depositor or the Master Servicer or any
Affiliate as an officer, employee, promoter, underwriter, trustee, partner,
director or person performing similar functions.
Index:
The index, if any, specified in a Mortgage Note by reference to which the
related Mortgage Interest Rate will be adjusted from time to time.
Individual
Certificate: Any Private Certificate registered in the name of the Holder
other than the Depository or its nominee.
Initial
Certification: The certification substantially in the form of Exhibit One to
the related Custodial Agreement.
Initial
Mortgage Loans: The Mortgage Loans transferred and assigned to the Trustee
pursuant to Section 2.01 on the Closing Date.
Institutional
Accredited Investor: Any Person meeting the requirements of Rule 501(a)(l),
(2), (3) or (7) of Regulation D under the Securities Act or any entity all
of
the equity holders in which come within such paragraphs.
Insurance
Policy: With respect to any Mortgage Loan, any standard hazard insurance
policy, flood insurance policy or title insurance policy.
Insurance
Proceeds: Amounts paid by the insurer under any Insurance Policy covering
any Mortgage Loan or Mortgaged Property other than amounts required to be paid
over to the Mortgagor pursuant to law or the related Mortgage Note or Security
Instrument and other than amounts used to repair or restore the Mortgaged
Property or to reimburse insured expenses.
Interest
Accrual Period: With respect to each Distribution Date, for each Class of
Certificates, the calendar month preceding the month in which such Distribution
Date occurs.
Interest
Adjustment Date: With respect to a Mortgage Loan, the date, if any,
specified in the related Mortgage Note on which the Mortgage Interest Rate
is
subject to adjustment.
Interest
Only Certificates: The Class I-1X-1, Class I-2X-1, Class II-1X-1
and Class II-2X-1 Certificates.
Interest
Shortfall: With respect to any Distribution Date and each Mortgage Loan that
during the related Prepayment Period was the subject of a Principal Prepayment
or constitutes a Relief Act Mortgage Loan, an amount determined as
follows:
(a) Partial
principal prepayments received during the relevant Prepayment Period: The
difference between (i) one month’s interest at the applicable Net Rate on the
amount of such prepayment and (ii) the amount of interest of such prepayment
(adjusted to the applicable Net Rate) received at the time of such
prepayment;
(b) Principal
prepayments in full received during the relevant Prepayment Period: The
difference between (i) one month’s interest at the applicable Net Rate on the
Scheduled Principal Balance of such Mortgage Loan immediately prior to such
prepayment and (ii) the amount of interest of such prepayment (adjusted to
the
applicable Net Rate) received at the time of such prepayment; and
(c) Relief
Act Mortgage Loans: As to any Relief Act Mortgage Loan, the excess of (i) 30
days’ interest (or, in the case of a principal prepayment in full, interest to
the date of prepayment) on the Scheduled Principal Balance thereof (or, in
the
case of a principal prepayment in part, on the amount so prepaid) at the related
Net Rate over (ii) 30 days’ interest (or, in the case of a principal prepayment
in full, interest to the date of prepayment) on such Scheduled Principal Balance
(or, in the case of a Principal Prepayment in part, on the amount so prepaid)
at
the Net Rate required to be paid by the Mortgagor as limited by application
of
the Relief Act.
Interim
Certification: The certification substantially in the form of Exhibit Two to
the related Custodial Agreement.
Investment
Letter: The letter to be furnished by each Institutional Accredited Investor
which purchases any of the Private Certificates in connection with such
purchase, substantially in the form set forth as Exhibit F-1
hereto.
Issuing
Entity: Bear Xxxxxxx ARM Trust 2007-4.
Lender-Paid
PMI Rate: With respect to each Mortgage Loan covered by a lender-paid
primary mortgage insurance policy, the amount payable to the related insurer,
as
stated in the Mortgage Loan Schedule.
Liquidated
Mortgage Loan: Any defaulted Mortgage Loan as to which the related Servicer
or the Master Servicer has determined that all amounts it expects to recover
from or on account of such Mortgage Loan have been recovered.
Liquidation
Date: With respect to any Liquidated Mortgage Loan, the date on which the
Master Servicer or the related Servicer has certified that such Mortgage Loan
has become a Liquidated Mortgage Loan.
Liquidation
Expenses: With respect to a Mortgage Loan in liquidation, unreimbursed
expenses paid or incurred by or for the account of the Master Servicer or the
related Servicers in connection with the liquidation of such Mortgage Loan
and
the related Mortgage Property, such expenses including (a) property protection
expenses, (b) property sales expenses, (c) foreclosure and sale costs, including
court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably
paid or incurred in connection with liquidation.
Liquidation
Proceeds: Cash received in connection with the liquidation of a defaulted
Mortgage Loan, whether through trustee’s sale, foreclosure sale, Insurance
Proceeds, condemnation proceeds or otherwise and any Subsequent
Recoveries.
Loan
Group: Loan Group I, Loan Group I-1, Loan Group I-2, Loan Group II, Loan
Group II-1 or Loan Group II-2, as applicable.
Loan
Group I: Loan Group I-1 and Loan Group I-2, collectively.
Loan
Group I-1: The group of Mortgage Loans designated as belonging to Loan Group
I-1 on the Mortgage Loan Schedule.
Loan
Group I-2: The group of Mortgage Loans designated as belonging to Loan Group
I-2 on the Mortgage Loan Schedule.
Loan
Group II: Loan Group II-1 and Loan Group II-2, collectively.
Loan
Group II-1: The group of Mortgage Loans designated as belonging to Loan
Group II-1 on the Mortgage Loan Schedule. For purposes of
interpreting the provisions in this Agreement containing the term “Group II-1
Mortgage Loan” or “Loan Group II-1”, each reference to “Group II-1 Mortgage
Loans” or “Loan Group II-1”, other than that contained in the definition of
“Group II-1 Interest Coverage Distribution Amount”, shall be deemed
to include references to the Group II-1 Remaining Pre-Funded Amount and (without
duplication) the Group II-1 Subsequent Mortgage Loans included in Loan Group
II-1, in each case for the relevant determination date.
Loan
Group II-2: The group of Mortgage Loans designated as belonging to Loan
Group II-2 on the Mortgage Loan Schedule. For purposes of
interpreting the provisions in this Agreement containing the term “Group II-2
Mortgage Loan” or “Loan Group II-2”, each reference to “Group II-2 Mortgage
Loans” or “Loan Group II-2”, other than that contained in the definition of
“Group II-2 Interest Coverage Distribution Amount”, shall be deemed
to include references to the Group II-2 Remaining Pre-Funded Amount and (without
duplication) the Group II-2 Subsequent Mortgage Loans included in Loan Group
II-2, in each case for the relevant determination date.
Loan-to-Value
Ratio: With respect to any Mortgage Loan, the fraction, expressed as a
percentage, the numerator of which is the original principal balance of the
related Mortgage Loan and the denominator of which is the Original Value of
the
related Mortgaged Property.
Loss
Allocation Limitation: The Group I Loss Allocation Limitation or the Group
II Loss Allocation Limitation, as applicable.
Loss
Severity Percentage: With respect to any Distribution Date, the percentage
equivalent of a fraction, the numerator of which is the amount of Realized
Losses incurred on a Mortgage Loan and the denominator of which is the Scheduled
Principal Balance of such Mortgage Loan immediately prior to the liquidation
of
such Mortgage Loan.
Lost
Notes: The original Mortgage Notes that have been lost, as indicated on the
Mortgage Loan Schedule.
Master
Funding: Master Funding LLC, a Delaware limited liability company, and its
successors and assigns, in its capacity as the seller of the Master Funding
Mortgage Loans to the Depositor.
Master
Funding Mortgage Loans: The Mortgage Loans identified as such on
the Mortgage Loan Schedule for which Master Funding is the applicable
seller.
Master
Servicer: As of the Closing Date, EMC Mortgage Corporation and, thereafter,
its respective successors in interest who meet the qualifications of the
Servicing Agreements and this Agreement.
Master
Servicer Collection Account: The trust account or accounts created and
maintained pursuant to Section 4.02, which shall be denominated “EMC Mortgage
Corporation, as Master Servicer for the benefit of Citibank, N.A, in trust
for
registered Holders of Structured Asset Mortgage Investments II Inc., Bear
Xxxxxxx ARM Trust, Mortgage Pass-Through Certificates, Series
2007-4 – Master Servicer Collection Account.” The Master Servicer
Collection Account shall be an Eligible Account.
Master
Servicing Compensation: For any Distribution Date, any amounts earned on
permitted investments in the Master Servicer Collection Account.
Material
Defect: The meaning specified in Section 2.02(a).
Maximum
Lifetime Mortgage Rate: The maximum level to which a Mortgage Interest Rate
can adjust in accordance with its terms, regardless of changes in the applicable
Index.
MERS:
Mortgage Electronic Registration Systems, Inc., a corporation organized and
existing under the laws of the State of Delaware, or any successor
thereto.
MERS®
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® System.
Minimum
Lifetime Mortgage Rate: The minimum level to which a Mortgage Interest Rate
can adjust in accordance with its terms, regardless of changes in the applicable
Index.
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, or as nominee for
any subsequent assignee of the originator pursuant to an assignment of mortgage
to MERS.
Monthly
Advance: An advance of principal or interest required to be made by the
applicable Servicer pursuant to the related Servicing Agreement or the Master
Servicer pursuant to Section 6.05.
Moody’s:
Xxxxx’x Investors Service, Inc. or its successor in interest.
Mortgage
File: The mortgage documents listed in Section 2.01(b) pertaining to a
particular Mortgage Loan and any additional documents required to be added
to
the Mortgage File pursuant to this Agreement.
Mortgage
Interest Rate: The annual rate at which interest accrues from time to time
on any Mortgage Loan pursuant to the related Mortgage Note, which rate is
initially equal to the “Mortgage Interest Rate” set forth with respect thereto
on the Mortgage Loan Schedule.
Mortgage
Loan: The Initial Mortgage Loans and the Group II Subsequent Mortgage Loans
held as a part of the Trust Fund, as identified in the Mortgage Loan Schedule
(which shall include, without limitation, each related Mortgage Note, Mortgage
and Mortgage File and all rights appertaining thereto), including a mortgage
loan the property securing which has become an REO Property.
Mortgage
Loan Purchase Agreement: The Mortgage Loan Purchase Agreement dated as of
May 31, 2007, among EMC Mortgage Corporation, as a seller, Master Funding,
as a
seller and Structured Asset Mortgage Investments II Inc., as purchaser, and
all
amendments thereof and supplements thereto, attached as Exhibit J.
Mortgage
Loan Schedule: The list of Mortgage Loans (as from time to time
amended by the Securities Administrator to reflect the repurchase or substitute
of Mortgage Loans pursuant to the provisions of this Agreement) transferred
to
the Trustee as part of the Trust Fund and from time to time subject to this
Agreement, including the initial Mortgage Loan Schedule being attached hereto
as
Exhibit B with respect to the Initial Mortgage Loans, and the schedule attached
to the Subsequent Transfer Instrument with respect to the Group II Subsequent
Mortgage Loans, and each as amended from time to time to reflect the repurchase
or substitution of Initial Mortgage Loans or the addition of Subsequent Mortgage
Loans pursuant to this Agreement, the Mortgage Loan Purchase Agreement or the
Subsequent Mortgage Loan Purchase Agreement, as the case may be, setting forth
the following information with respect to each Mortgage Loan:
(a) the
city,
state and zip code of the Mortgaged Property;
(b) the
property type;
(c) the
Mortgage Interest Rate;
(d) the
Servicing Fee Rate;
(e) the
Securities Administrator Fee Rate;
(f)
the
LPMI
Fee, if applicable;
(g) [reserved];
(h) the
Net
Rate;
(i)
the
maturity date;
(j)
the
stated original term to maturity;
(k) the
stated remaining term to maturity;
(l)
the
original Principal Balance;
(m) the
first
payment date;
(n) the
principal and interest payment in effect as of the Cut-off Date;
(o) the
unpaid Principal Balance as of the Cut-off Date;
(p) the
Loan-to-Value Ratio at origination;
(q) the
insurer of any Primary Mortgage Insurance Policy;
(r)
the
MIN
with respect to each MOM Loan;
(s) the
Gross
Margin, if applicable;
(t)
the
next
Adjustment Date, if applicable;
(u) the
Maximum Mortgage Rate, if applicable;
(v) the
Minimum Mortgage Rate, if applicable;
(w) the
Periodic Rate Cap, if applicable;
(x)
the
Loan
Group, if applicable;
(y) a
code
indicating whether the Mortgage Loan is negatively amortizing;
(z)
which
Mortgage Loans adjust after an initial fixed-rate period of one, two, three,
five, seven or ten years or any other period;
(aa) the
Prepayment Charge, if any;
(bb)
lien
position (e.g., first lien or second lien);
(cc) a
code
indicating whether the Mortgage Loan is has a balloon payment;
(dd) a
code
indicating whether the Mortgage Loan is an interest-only loan;
(ee) the
interest-only term, if applicable;
(ff) the
Mortgage Loan Seller;
(gg)
a
code
indicating whether such Mortgage Loan is a mortgage loan which has been
pre-funded; and
(hh)
the
original amortization term.
Such
schedule also shall set forth for all of the Mortgage Loans, the total number
of
Mortgage Loans, the total of each of the amounts described under (n) and (j)
above, the weighted average by principal balance as of the Cut-off Date of
each
of the rates described under (c) through (h) above, and the weighted average
remaining term to maturity by unpaid principal balance as of the Cut-off
Date.
Mortgage
Loan Seller: EMC or Master Funding, as applicable.
Mortgage
Note: The originally executed note or other evidence of the indebtedness of
a Mortgagor under the related Mortgage Loan.
Mortgaged
Property: Land and improvements securing the indebtedness of a Mortgagor
under the related Mortgage Loan or, in the case of REO Property, such REO
Property.
Mortgagor:
The obligor on a Mortgage Note.
Net
Interest Shortfall: With respect to any Distribution Date, the Interest
Shortfall, if any, for such Distribution Date net of Compensating Interest
Payments made with respect to such Distribution Date.
Net
Liquidation Proceeds: As to any Liquidated Mortgage Loan, Liquidation
Proceeds net of (i) Liquidation Expenses which are payable therefrom to the
related Servicer or the Master Servicer in accordance with the related Servicing
Agreement or this Agreement and (ii) unreimbursed advances by the related
Servicer or the Master Servicer and Monthly Advances.
Net
Rate: With respect to each Mortgage Loan, the Mortgage Interest Rate in
effect from time to time less the sum of (i) the Servicing Fee Rate, (ii) the
Securities Administrator Fee Rate and (iii) the rate at which the Lender-Paid
PMI Rate is calculated.
Non-Offered
Certificates: The Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class
II-B-5 and Class II-B-6 Certificates.
Nonrecoverable
Advance: Any advance or Monthly Advance (i) which was previously made or is
proposed to be made by the Master Servicer, the Trustee (as successor Master
Servicer) or the applicable Servicer and (ii) which, in the good faith judgment
of the Master Servicer, the Trustee in its capacity as successor master servicer
or the applicable Servicer, will not or, in the case of a proposed advance
or
Monthly Advance, would not, be ultimately recoverable by the Master Servicer,
the Trustee (as successor Master Servicer) or the applicable Servicer from
Liquidation Proceeds, Insurance Proceeds or future payments on the Mortgage
Loan
for which such advance or Monthly Advance was made or is proposed to be
made.
Notional
Amount: With respect to the Class I-1X-1 Certificates, the Notional Amount
of the Class I-1X-1 Certificates, as of any date of determination, is equal
to
the Current Principal Amount of the Class I-1A-1 Certificates. With
respect to the Class I-2X-1 Certificates, the Notional Amount of the Class
I-2X-1 Certificates, as of any date of determination, is equal to the aggregate
Current Principal Amount of the Class I-2A-1 Certificates and Class I-2A-2
Certificates. With respect to the Class II-1X-1 Certificates, the Notional
Amount of the Class II-1X-1 Certificates, as of any date of determination,
is
equal to the aggregate Current Principal Amount of the Class II-1A-1
Certificates and Class II-1A-2 Certificates. With respect to the
Class II-2X-1 Certificates, the Notional Amount of the Class II-2X-1
Certificates, as of any date of determination, is equal to the aggregate Current
Principal Amount of the Class II-2A-1 Certificates and Class II-2A-2
Certificates. Reference to the Notional Amount of the Class I-1X-1,
Class I-2X-1, Class II-1X-1 and Class II-2X-1 Certificates is solely for
convenience in calculation and does not represent the right to receive any
distributions allocable to principal. For federal income tax
purposes, however, the Notional Amount of the Class I-1X-1 Certificates equals
the Uncertificated Principal Balance of REMIC III Regular Interest I-1A-1,
the
Notional Amount of the Class I-2X-1 Certificates equals the aggregate
Uncertificated Principal Balance of REMIC III Regular Interest I-2A-1 and REMIC
III Regular Interest I-2A-2, the Notional Amount of the Class II-1X-1
Certificates equals the aggregate Uncertificated Principal Balance of REMIC
III
Regular Interest II-1A-1 and REMIC III Regular Interest II-1A-2, and the
Notional Amount of the Class II-2X-1 Certificates equals the aggregate
Uncertificated Principal Balance of REMIC III Regular Interest II-2A-1 and
REMIC
III Regular Interest II-2A-2.
Offered
Certificates: The Class I-1A-1, Class I-1A-2, Class I-1X-1, Class I-2A-1,
Class I-2A-2, Class I-2X-1, Class II-1A-1, Class II-1A-2, Class II-1X-1, Class
II-2A-1, Class II-2A-2, Class II-2X-1, Class R-I, Class R-II, Class R-III,
Class
R-IV, Class I-B-l, Class I-B-2, Class I-B-3, Class I-B-l, Class I-B-2 and Class
I-B-3 Certificates.
Offered
Subordinate Certificates: The Class I-B-l, Class I-B-2, Class I-B-3, Class
II-B-1, Class II-B-2 and Class II-B-3 Certificates.
Officer’s
Certificate: A certificate signed by the Chairman of the Board, the Vice
Chairman of the Board, the President or a Vice President or Assistant Vice
President or other authorized officer of the Master Servicer, any Servicer,
the
Depositor or the Seller, as applicable, and delivered to the Trustee, as
required by this Agreement.
Opinion
of Counsel: A written opinion of counsel who is or are acceptable to the
Trustee and who, unless required to be Independent (an “Opinion of Independent
Counsel”), may be internal counsel for the Master Servicer, the Securities
Administrator or the Depositor.
Original
Group I Subordinate Principal Balance: The sum of the aggregate Current
Principal Amounts of each Class of Group I Subordinate Certificates as of the
Closing Date.
Original
Group II Subordinate Principal Balance: The sum of the aggregate Current
Principal Amounts of each Class of Group II Subordinate Certificates as of
the
Closing Date.
Original
Subordinate Principal Balance: The Original Group I Subordinate Principal
Balance or the Original Group I Subordinate Principal Balance, as
applicable.
Original
Value: The lesser of (i) the Appraised Value or (ii) the sales price of a
Mortgaged Property at the time of origination of a Mortgage Loan, except in
instances where either clauses (i) or (ii) is unavailable, the other may be
used
to determine the Original Value, or if both clauses (i) and (ii) are
unavailable, Original Value may be determined from other sources reasonably
acceptable to the Depositor.
Outstanding
Mortgage Loan: With respect to any Due Date, a Mortgage Loan which, prior to
such Due Date, was not the subject of a Principal Prepayment in full, did not
become a Liquidated Mortgage Loan and was not purchased or
replaced.
Outstanding
Principal Balance: As of the time of any determination, the principal
balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the
case of an REO Property, the principal balance of the related Mortgage Loan
remaining to be paid by the Mortgagor at the time such property was acquired
by
the Trust Fund less any Net Liquidation Proceeds with respect thereto to the
extent applied to principal.
Pass-Through
Rate: As to each Class of Certificates (other than the Class R
Certificates), the REMIC I Regular Interests, the REMIC II Regular Interests
and
the REMIC III Regular Interests, the rate of interest determined as provided
with respect thereto in Section 5.01(c). Any monthly calculation of interest
at
a stated rate shall be based upon annual interest at such rate divided by
twelve.
Paying
Agent: The Securities Administrator or any successor paying agent appointed
hereunder.
Periodic
Rate Cap: With respect to each Mortgage Loan, the maximum adjustment that
can be made to the Mortgage Interest Rate on each Interest Adjustment Date
in
accordance with its terms, regardless of changes in the applicable
Index.
Permitted
Investments: Any one or more of the following obligations or securities held
in the name of the Trustee for the benefit of the
Certificateholders:
(i) direct
obligations of, and obligations the timely payment of which are fully guaranteed
by the United States of America or any agency or instrumentality of the United
States of America the obligations of which are backed by the full faith and
credit of the United States of America;
(ii) (a)
demand or time deposits, federal funds or bankers’ acceptances issued by any
depository institution or trust company incorporated under the laws of the
United States of America or any state thereof (including the Trustee, the
Securities Administrator or its Affiliates acting in its commercial banking
capacity) and subject to supervision and examination by federal and/or state
banking authorities, provided that the commercial paper and/or the short-term
debt rating and/or the long-term unsecured debt obligations of such depository
institution or trust company at the time of such investment or contractual
commitment providing for such investment have the Applicable Credit Rating
or
better from each Rating Agency and (b) any other demand or time deposit or
certificate of deposit that is fully insured by the Federal Deposit Insurance
Corporation;
(iii) repurchase
obligations with respect to (a) any security described in clause (i) above
or
(b) any other security issued or guaranteed by an agency or instrumentality
of
the United States of America, the obligations of which are backed by the full
faith and credit of the United States of America, in either case entered into
with a depository institution or trust company (acting as principal) described
in clause (ii)(a) above where the Securities Administrator holds the security
therefor;
(iv) securities
bearing interest or sold at a discount issued by any corporation (including
the
Trustee or the Securities Administrator or any affiliate thereof) incorporated
under the laws of the United States of America or any state thereof that have
the Applicable Credit Rating or better from each Rating Agency at the time
of
such investment or contractual commitment providing for such investment;
provided, however, that securities issued by any particular corporation will
not
be Permitted Investments to the extent that investments therein will cause
the
then outstanding principal amount of securities issued by such corporation
and
held as part of the Trust to exceed 10% of the aggregate Outstanding Principal
Balances of all the Mortgage Loans and Permitted Investments held as part of
the
Trust;
(v) commercial
paper (including both non-interest-bearing discount obligations and
interest-bearing obligations payable on demand or on a specified date not more
than one year after the date of issuance thereof) having the Applicable Credit
Rating or better from each Rating Agency at the time of such
investment;
(vi) a
Reinvestment Agreement issued by any bank, insurance company or other
corporation or entity;
(vii) any
other demand, money market or time deposit, obligation, security or investment
as may be acceptable to each Rating Agency as evidenced in writing by each
Rating Agency to the Trustee, the Securities Administrator, the Master Servicer
or its affiliates; and
(viii) interests
in any money market fund (including any such fund managed or advised by the
Trustee or the Securities Administrator or any affiliate thereof) which at
the
date of acquisition of the interests in such fund and throughout the time such
interests are held in such fund has the highest applicable long term rating
by
each Rating Agency rating such fund, if so rated, or such lower rating as will
not result in the downgrading or withdrawal of the ratings then assigned to
the
Certificates by each Rating Agency rating such fund; provided, however, that
no
instrument or security shall be a Permitted Investment if such instrument or
security evidences a right to receive only interest payments with respect to
the
obligations underlying such instrument or if such security provides for payment
of both principal and interest with a yield to maturity in excess of
120% of the yield to maturity at par or if such instrument or security is
purchased at a price greater than par.
Permitted
Transferee: Any Person other than a Disqualified Organization or an
“electing large partnership” (as defined by Section 775 of the
Code).
Person:
Any individual, corporation, partnership, joint venture, association, limited
liability company, joint-stock company, trust, unincorporated organization
or
government or any agency or political subdivision thereof.
Physical
Certificates: The Residual Certificates and the Private
Certificates.
Prepayment
Charge: With respect to any Mortgage Loan, the charges or premiums, if any,
due in connection with a full or partial prepayment of such Mortgage Loan in
accordance with the terms thereof.
Prepayment
Period: As to any Distribution Date, the period set forth in the related
Servicing Agreement.
Primary
Mortgage Insurance Policy: Any primary mortgage guaranty insurance policy
issued in connection with a Mortgage Loan which provides compensation to a
Mortgage Note holder in the event of default by the obligor under such Mortgage
Note or the related Security Instrument, if any or any replacement policy
therefor through the related Interest Accrual Period for such Class relating
to
a Distribution Date.
Principal
Prepayment: Any payment (whether partial or full) or other recovery of
principal on a Mortgage Loan which is received in advance of its scheduled
Due
Date to the extent that it is not accompanied by an amount as to interest
representing scheduled interest due on any date or dates in any month or months
subsequent to the month of prepayment, including Insurance Proceeds and
Repurchase Proceeds, but excluding the principal portion of Net Liquidation
Proceeds.
Private
Certificates: The Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class
II-B-5 and Class II-B-6 Certificates.
Protected
Account: An account established and maintained for the benefit of
Certificateholders by each Servicer with respect to the related Mortgage Loans
and with respect to REO Property pursuant to the respective Servicing
Agreements.
Purchase
Price: With respect to any Mortgage Loan (or any property acquired with
respect thereto) (x) required to be repurchased by EMC (on its behalf and on
behalf of Master Funding) pursuant to the Mortgage Loan Purchase Agreement
or
Article II of this Agreement or (y) that the Seller has a right to purchase
pursuant to Section 3.20, an amount equal to the sum of (i)(a) 100% of the
Outstanding Principal Balance of such Mortgage Loan as of the date of repurchase
(or if the related Mortgaged Property was acquired with respect thereto, 100%
of
the Outstanding Principal Balance at the date of the acquisition), plus (b)
accrued but unpaid interest on the Outstanding Principal Balance at the related
Mortgage Interest Rate, through and including the last day of the month of
repurchase, plus (c) any unreimbursed Monthly Advances and servicing advances
payable to the related Servicer of the Mortgage Loan or to the Master Servicer
and (ii) any costs and damages (if any) incurred by the Trust in connection
with
any violation of such Mortgage Loan of any anti-predatory lending
laws.
QIB:
A Qualified Institutional Buyer as defined in Rule 144A promulgated under the
Securities Act.
Qualified
Insurer: Any insurance company duly qualified as such under the laws of the
state or states in which the related Mortgaged Property or Mortgaged Properties
is or are located, duly authorized and licensed in such state or states to
transact the type of insurance business in which it is engaged and approved
as
an insurer by the Master Servicer, so long as the claims paying ability of
which
is acceptable to the Rating Agencies for pass-through certificates having the
same rating as the Certificates rated by the Rating Agencies as of the Closing
Date.
Rating
Agencies: Xxxxx’x, Fitch and S&P.
Realized
Loss: Any (i) Bankruptcy Loss or (ii) as to any Liquidated Mortgage Loan,
(x) the Outstanding Principal Balance of such Liquidated Mortgage Loan plus
accrued and unpaid interest thereon payable to the Issuing Entity at the
Mortgage Interest Rate through the last day of the month of such liquidation,
less (y) the related Net Liquidation Proceeds with respect to such Mortgage
Loan
and the related Mortgaged Property. In addition, to the extent the
Paying Agent 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 Current
Principal Amount of any Class of Certificates on any Distribution Date. With
respect to each Mortgage Loan which is the subject of a Servicing Modification
during the calendar month immediately preceding the related Distribution Date,
the sum of (a) the total amount of interest and principal which is forgiven
with
respect to the related Mortgage Loan and (b) the amount of any Monthly Advances
and Servicing Advances, to the extent forgiven, made by the related Servicer
with respect to such Mortgage Loan which are reimbursable from the Trust to
the
related Servicer with respect to that Servicing Modification; provided that,
the
amounts expressed in clause (a) above shall not include the amounts expressed
in
clause (b) above.
Record
Date: With respect to any Distribution Date, the close of business on the
last Business Day of the month immediately preceding the month of such
Distribution Date.
Regular
Certificates: Any of the Certificates other than the Residual
Certificates.
Regulation
AB: Subpart 229.1100 – Asset Backed Securities (Regulation AB),
17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and
subject to such clarification and interpretation as have been provided by the
Commission in the adopting release (Asset-Backed Securities, Securities Act
Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff
of the Commission, or as may be provided by the Commission or its staff from
time to time.
Reinvestment
Agreements: One or more reinvestment agreements, acceptable to the Rating
Agencies, from a bank, insurance company or other corporation or entity
(including the Trustee).
Relief
Act: The Servicemembers Civil Relief Act, or similar state or local
law.
Relief
Act Mortgage Loan: Any Mortgage Loan as to which the Scheduled Payment
thereof has been reduced due to the application of the Relief Act.
REMIC:
A real estate mortgage investment conduit, as defined in the Code.
REMIC
I: That group of assets contained in the Trust Fund related to the Group
I
Mortgage Loans designated as a REMIC, including (i) the Group I Mortgage Loans,
(ii) the portion of the Distribution Account related to the Group I Mortgage
Loans, (iii) any REO Property relating to the Group I Mortgage Loans, (iv)
the
rights with respect to any related Servicing Agreement, (v) the rights with
respect to any related Assignment Agreement and (vii) any proceeds of the
foregoing.
REMIC
I Interests: The REMIC I Regular Interests and the Class R-I
Certificates.
REMIC
I Regular Interests: REMIC I Regular Interests I-1-Sub, I-1-Grp, I-2-Sub,
I-2-Grp and ZZZ.
REMIC
I Subordinated Balance Ratio: The ratio among the Uncertificated
Principal Balances of each of the REMIC I Regular Interests ending with the
designation “Sub,” equal to the ratio among, with respect to each such REMIC I
Regular Interest, the excess of (x) the aggregate Scheduled Principal Balance
of
the Group I Mortgage Loans in the related Loan Group over (y) the aggregate
Current Principal Amount of the Group I Senior Certificates in the related
Certificate Group.
REMIC
II: That group of assets contained in the Trust Fund related to the Group
II
Mortgage Loans designated as a REMIC, including (i) the Group II Mortgage Loans,
(ii) the portion of the Distribution Account related to the Group II Mortgage
Loans, (iii) any REO Property relating to the Group II Mortgage Loans, (iv)
the
rights with respect to any related Servicing Agreement, (v) the rights with
respect to any related Assignment Agreement and (vii) any proceeds of the
foregoing.
REMIC
II Interests: The REMIC II Regular Interests and the Class R-II
Certificates.
REMIC
II Regular Interests: REMIC II Regular Interests II-1-Sub, II-1-Grp,
II-2-Sub, II-2-Grp, R-III/R-IV and ZZZ.
REMIC
II Subordinated Balance Ratio: The ratio among the Uncertificated
Principal Balances of each of the REMIC II Regular Interests ending with the
designation “Sub,” equal to the ratio among, with respect to each such REMIC II
Regular Interest, the excess of (x) the aggregate Scheduled Principal Balance
of
the Group II Mortgage Loans in the related Loan Group over (y) the aggregate
Current Principal Amount of the Group II Senior Certificates in the related
Certificate Group.
REMIC
III: That group of assets contained in the Trust Fund designated as a REMIC
consisting of the REMIC I Regular Interests and the REMIC II Regular
Interests.
REMIC
III Interests: The REMIC III Regular Interests and the Class R-III
Certificates.
REMIC
III Group I Regular Interests: REMIC III Regular Interests X-0X-0, X-0X-0,
X-0X-0, X-0X-0, X-X-x, X-X-0, X-X-0, X-X-0, I-B-5 and I-B-6.
REMIC
III Group II Regular Interests: II-1A-1, II-1A-2, XX-0X-0, XX-0X-0, X-XX,
XX-X-0, XX-X-0, XX-X-0, XX-X-0, XX-X-0 and II-B-6.
REMIC
III Regular Interests: Any of the REMIC III Group I Regular Interests and
REMIC III Group II Regular Interests.
REMIC
IV: That group of assets contained in the Trust Fund designated as a REMIC
consisting of the REMIC III Regular Interests.
REMIC
Opinion: An Opinion of Independent Counsel, to the effect that the proposed
action described therein would not, under the REMIC Provisions, (i) cause any
REMIC to fail to qualify as a REMIC while any regular interest in such REMIC
is
outstanding, (ii) result in a tax on prohibited transactions with respect to
any
REMIC or (iii) constitute a taxable contribution to any REMIC after the Startup
Day.
REMIC
Provisions: The provisions of the federal income tax law relating to the
REMIC, which appear at Sections 860A through 860G of the Code, and related
provisions and regulations promulgated thereunder, as the foregoing may be
in
effect from time to time.
REO
Property: A Mortgaged Property acquired in the name of the Trustee, for the
benefit of Certificateholders, by foreclosure or deed-in-lieu of foreclosure
in
connection with a defaulted Mortgage Loan.
Reportable
Event: As defined in Section 3.18.
Repurchase
Proceeds: the Purchase Price in connection with any repurchase of a Mortgage
Loan by the Seller and any cash deposit in connection with the substitution
of a
Mortgage Loan.
Request
for Release: A request for release in the form attached hereto as Exhibit
D-1 or Exhibit D-2, as applicable.
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 with
respect to such Mortgage Loan.
Residual
Certificates: Any of the Class R Certificates.
Responsible
Officer: Any officer assigned to the Corporate Trust Office (or any
successor thereto), including any Vice President, Assistant Vice President,
Trust Officer, any Assistant Secretary, any trust officer or any other officer
of the Trustee or the Securities Administrator customarily performing functions
similar to those performed by any of the above designated officers and having
direct responsibility for the administration of this Agreement, and any other
officer of the Trustee or the Securities Administrator to whom a matter arising
hereunder may be referred because of such officer’s knowledge or the familiarity
with the particular subject.
Rule
144A Certificate: The certificate to be furnished by each purchaser of a
Private Certificate (which is also a Physical Certificate) which is a Qualified
Institutional Buyer as defined under Rule 144A promulgated under the Securities
Act, substantially in the form set forth as Exhibit F-2 hereto.
S&P:
Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., and its
successors in interest.
Scheduled
Payment: With respect to any Mortgage Loan and any month, the scheduled
payment or payments of principal and interest due during such month on such
Mortgage Loan which either is payable by a Mortgagor in such month under the
related Mortgage Note or, in the case of REO Property, would otherwise have
been
payable under the related Mortgage Note.
Scheduled
Principal: The principal portion of any Scheduled Payment.
Scheduled
Principal Balance: With respect to any Mortgage Loan on any Distribution
Date, (i) the sum of (a) the unpaid principal balance of such Mortgage Loan
as
of the close of business on the related Due Date (i.e., taking account of the
principal payment to be made on such Due Date and irrespective of any
delinquency in its payment), as specified in the amortization schedule at the
time relating thereto (before any adjustment to such amortization schedule
by
reason of any bankruptcy or similar proceeding occurring after the Cut-off
Date
(other than a Deficient Valuation) or any moratorium or similar waiver or grace
period) and (b) the amount by which the Schedule Principal Balance of the
Mortgage Loan has been increased pursuant to a Servicing Modification, less
(ii)
any Principal Prepayments (including the principal portion of Net Liquidation
Proceeds) received during or prior to the related Prepayment Period; provided
that the Scheduled Principal Balance of a Liquidated Mortgage Loan is zero.
References to the aggregate Scheduled Principal Balance of the Group II, Group
II-1 and Group II-2 Mortgage Loans in this Agreement include the related
Subsequent Mortgage Loans and, without duplication, the Group II-1 or Group
II-2
Remaining Pre-Funded Amount, as applicable.
Securities
Act: The Securities Act of 1933, as amended.
Securities
Administrator: Xxxxx Fargo Bank, N.A., or its successor in interest, or any
successor securities administrator appointed as herein provided.
Securities
Administrator Fee: As to each Mortgage Loan and any Distribution Date an
amount equal to 1/12th of the
Securities
Administrator Fee Rate multiplied by the Scheduled Principal Balance of
such Mortgage Loan as of the Due Date in the month preceding the month in which
such Distribution Date occurs.
Securities
Administrator Fee Rate: 0.0045%.
Securities
Administrator Information: As defined in Section 3.18(b).
Securities
Legend: “THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE
SECURITIES LAWS. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES
THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED
ONLY
IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY (1)
PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT
THE HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A (A “QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB
PURCHASING FOR THE ACCOUNT OF A QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE,
THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE
ON
RULE 144A, (2) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE
144
UNDER THE SECURITIES ACT (IF AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN
“INSTITUTIONAL ACCREDITED INVESTOR” WITHIN THE MEANING THEREOF IN RULE
501(a)(1), (2), (3) or (7) OF REGULATION D UNDER THE ACT OR ANY ENTITY IN WHICH
ALL OF THE EQUITY OWNERS COME WITHIN SUCH PARAGRAPHS PURCHASING NOT FOR
DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, SUBJECT TO (A) THE RECEIPT
BY
THE CERTIFICATE REGISTRAR OF A LETTER SUBSTANTIALLY IN THE FORM PROVIDED IN
THE
AGREEMENT AND (B) THE RECEIPT BY THE CERTIFICATE REGISTRAR OF SUCH OTHER
EVIDENCE ACCEPTABLE TO THE CERTIFICATE REGISTRAR THAT SUCH REOFFER, RESALE,
PLEDGE OR TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE
LAWS OR IN EACH CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE
UNITED STATES AND ANY OTHER APPLICABLE JURISDICTION. THIS CERTIFICATE MAY NOT
BE
ACQUIRED DIRECTLY OR INDIRECTLY BY, OR ON BEHALF OF, AN EMPLOYEE BENEFIT PLAN
OR
OTHER RETIREMENT ARRANGEMENT WHICH IS SUBJECT TO TITLE I OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR SECTION 4975 OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED [in the case of a Residual
Certificate:] UNLESS THE PROPOSED TRANSFEREE PROVIDES THE SECURITIES
ADMINISTRATOR WITH AN OPINION OF COUNSEL ADDRESSED TO THE DEPOSITOR, TRUSTEE,
MASTER SERVICER AND SECURITIES ADMINISTRATOR AND ON WHICH THEY MAY RELY THAT
IS
SATISFACTORY TO THE SECURITIES ADMINISTRATOR THAT THE PURCHASE OF CERTIFICATES
ON BEHALF OF SUCH PERSON WILL NOT RESULT IN OR CONSTITUTE A NONEXEMPT PROHIBITED
TRANSACTION, IS PERMISSIBLE UNDER APPLICABLE LAW AND WILL NOT GIVE RISE TO
ANY
ADDITIONAL OBLIGATIONS ON THE PART OF THE DEPOSITOR, THE MASTER SERVICER, THE
SECURITIES ADMINISTRATOR OR THE TRUSTEE [in the case of the Class I-B-4, Class
I-B-5, Class I-B-6, Class II-B-4, Class II-B-5, and Class II-B-6
Certificates:], UNLESS THE TRANSFEREE CERTIFIES OR REPRESENTS THAT THE PROPOSED
TRANSFER AND HOLDING OF A CERTIFICATE AND THE SERVICING, MANAGEMENT AND
OPERATION OF THE TRUST AND ITS ASSETS: (I) WILL NOT RESULT IN ANY PROHIBITED
TRANSACTION WHICH IS NOT COVERED UNDER AN INDIVIDUAL OR CLASS PROHIBITED
TRANSACTION EXEMPTION, INCLUDING, BUT NOT LIMITED TO, PROHIBITED TRANSACTION
CLASS EXEMPTION (“PTCE”) 84-14, XXXX 00-00, XXXX 00-0, XXXX 95-60 OR PTCE 96-23
AND (II) WILL NOT GIVE RISE TO ANY ADDITIONAL OBLIGATIONS ON THE PART OF THE
DEPOSITOR, THE SECURITIES ADMINISTRATOR, THE MASTER SERVICER, ANY SERVICER
OR
THE TRUSTEE, WHICH WILL BE DEEMED REPRESENTED BY AN OWNER OF A BOOK-ENTRY
CERTIFICATE OR A GLOBAL CERTIFICATE OR UNLESS AN OPINION OF COUNSEL SPECIFIED
IN
SECTION 5.07 OF THE AGREEMENT IS PROVIDED.”
Security
Agreement: With respect to a Cooperative Loan, the agreement
creating a security interest in favor of the originator in the related
Cooperative Stock.
Security
Instrument: A written instrument creating a valid first lien on a Mortgaged
Property securing a Mortgage Note, which may be any applicable form of mortgage,
deed of trust, deed to secure debt or security deed, including any riders or
addenda thereto.
Seller:
EMC in its capacity as a seller of the Mortgage Loans to the
Depositor.
Senior
Certificates: The Group I Senior Certificates and Group II Senior
Certificates.
Senior
Optimal Principal Amount: The Group I Senior Optimal Principal Amount or
Group II Senior Optimal Principal Amount, as applicable.
Senior
Percentage: The Group I Senior Percentage or Group II Senior Percentage, as
applicable.
Senior
Prepayment Percentage: The Group I Senior Prepayment Percentage or Group II
Senior Prepayment Percentage, as applicable.
Servicer:
With respect to each Mortgage Loan, any of Countrywide, EMC and Xxxxx Fargo
and
their successors and assigns.
Servicer
Remittance Date: With respect to each Mortgage Loan, the date set forth in
the related Servicing Agreement.
Servicing
Agreements: The Countrywide Servicing Agreement, EMC Servicing Agreement and
Xxxxx Fargo Servicing Agreement.
Servicing
Criteria: The “servicing criteria” set forth in Item 1122(d) of
Regulation AB, as such may be amended from time to time, or those Servicing
Criteria otherwise mutually agreed to by EMC, the Master Servicer, the Trustee
and the applicable Servicer in response to evolving interpretations of
Regulation AB and incorporated into a revised Exhibit M.
Servicing
Fee: As to any Mortgage Loan and Distribution Date, an amount equal to the
product of (i) the Scheduled Principal Balance of such Mortgage Loan as of
the
Due Date in the preceding calendar month and (ii) 1/12th of the
applicable
Servicing Fee Rate.
Servicing
Fee Rate: As to any Mortgage Loan, a per annum rate as set forth in the
Mortgage Loan Schedule; provided that the servicing fee rate with respect to
Mortgage Loans serviced by Countrywide will increase after an initial fixed-rate
period of seven or ten years in the following manner and as set forth in the
Mortgage Loan Schedule: for mortgage loans with an initial servicing fee of
0.175% per annum, the servicing fee rate will increase by 0.025% per
annum.
Servicing
Modification: Any modification of a Mortgage Loan which is effected by the
related Servicer in accordance with the terms of this Agreement or the related
Servicing Agreement.
Servicing
Officer: Any officer of the related Servicer or Master Servicer involved in
or responsible for the administration and servicing or master servicing, as
applicable, of the Mortgage Loans.
Startup
Day: May 31, 2007.
Subordinate
Certificate Writedown Amount: As to any Distribution Date, with respect to
(1) the Group I Subordinate Certificates, the amount by which (a) the sum of
the
Current Principal Amounts of all the Group I Certificates (other than the Class
R-I Certificates) (after giving effect to the distribution of principal and
the
allocation of applicable Realized Losses in reduction of the Current Principal
Amounts of the such Group I Certificates on such Distribution Date) exceeds
(b)
the aggregate Scheduled Principal Balances of the Group I Mortgage Loans on
the
Due Date related to such Distribution Date and (2) the Group II Subordinate
Certificates, the amount by which (a) the sum of the Current Principal Amounts
of all the Group II Certificates (other than the Class R-II, Class R-III and
Class R-IV Certificates) (after giving effect to the distribution of principal
and the allocation of applicable Realized Losses in reduction of the Current
Principal Amounts of such Group II Certificates on such Distribution Date)
exceeds (b) the aggregate Scheduled Principal Balance of the Group II Mortgage
Loans on the Due Date related to such Distribution Date.
Subordinate
Percentage: The Group I Subordinate Percentage or Group II Subordinate
Percentage.
Subordinate
Prepayment Percentage: The Group I Subordinate Prepayment Percentage and
Group II Subordinate Prepayment Percentage.
Subsequent
Cut-off Date: With respect to the Group II Subsequent Mortgage Loans sold to
the Trust pursuant to a Subsequent Transfer Instrument, the date stated in
the
Subsequent Mortgage Loan Purchase Agreement.
Subsequent
Mortgage Loan Purchase Agreement: The agreement dated as of the Subsequent
Transfer Date, between EMC, as seller, and Structured Asset Mortgage Investments
II Inc., as purchaser, and all amendments thereof and supplements thereto,
regarding the transfer of the Group II Subsequent Mortgage Loans by EMC to
Structured Asset Mortgage Investments II Inc., a form of which is attached
as
Exhibit P.
Subsequent
Recoveries: As of any Distribution Date, amounts received by the Master
Servicer during the related Due Period 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 Seller pursuant
to
the Mortgage Loan Purchase Agreement) specifically related to a Liquidated
Mortgage Loan, a Mortgage Loan that has been modified which resulted in a
Realized Loss or disposition of an REO Property prior to the related Prepayment
Period that resulted in a Realized Loss, after the liquidation or disposition
of
such Mortgage Loan.
Subsequent
Transfer Date: With respect to the Subsequent Transfer Instrument, the date
on which the Group II Subsequent Mortgage Loans are sold to the Trust, which
date shall be a Business Day.
Subsequent
Transfer Instrument: The Subsequent Transfer Instrument, dated as of the
Subsequent Transfer Date, executed by the Depositor and the Trustee and
substantially in the form attached hereto as Exhibit Q, by which the Group
II
Subsequent Mortgage Loans are transferred to the Trust Fund.
Substitute
Mortgage Loan: A mortgage loan tendered to the Trustee pursuant to the
related Servicing Agreement, the Mortgage Loan Purchase Agreement or Section
2.04 of this Agreement, as applicable, in each case, (i) which has an
Outstanding Principal Balance not greater nor materially less than the Mortgage
Loan for which it is to be substituted; (ii) which has a Mortgage Interest
Rate
and Net Rate not less than, and not materially greater than, such Mortgage
Loan;
(iii) which has a maturity date not materially earlier or later than such
Mortgage Loan and not later than the latest maturity date of any Mortgage Loan;
(iv) which is of the same property type and occupancy type as such Mortgage
Loan; (v) which has a Loan-to-Value Ratio not greater than the Loan-to-Value
Ratio of such Mortgage Loan; (vi) which is current in payment of principal
and
interest as of the date of substitution; (vii) as to which the payment terms
do
not vary in any material respect from the payment terms of the Mortgage Loan
for
which it is to be substituted and (viii) which has a Gross Margin, Periodic
Rate
Cap and Maximum Lifetime Mortgage Rate no less than those of such Mortgage
Loan,
has the same Index and interval between Interest Adjustment Dates as such
Mortgage Loan, and a Minimum Lifetime Mortgage Rate no lower than that of such
Mortgage Loan.
Tax
Administration and Tax Matters Person: The Securities Administrator or any
successor thereto or assignee thereof shall serve as tax administrator hereunder
and as agent for the Tax Matters Person. The Holder of each Class of Residual
Certificates shall be the Tax Matters Person for the related REMIC, as more
particularly set forth in Section 9.12 hereof.
Trust
Fund or Trust: The corpus of the trust created by this Agreement, consisting
of the Mortgage Loans and the other assets described in Section
2.01(a).
Trustee:
Citibank, N.A., or its successor in interest, or any successor trustee appointed
as herein provided.
Uncertificated
Principal Balance: With respect to any REMIC I Regular Interest, REMIC II
Regular Interest or REMIC III Regular Interest as of any Distribution Date,
the
initial principal amount of such regular interest as set forth in Sections
5.01(c)(i), (c)(ii) and (c)(iii), reduced by (i) all amounts distributed on
previous Distribution Dates on such regular interest with respect to principal,
and (ii) the principal portion of all Realized Losses allocated prior to such
Distribution Date to such regular interest, taking account of the applicable
Loss Allocation Limitation.
Underlying
Seller: With respect to each Mortgage Loan, Countrywide and Xxxxx Fargo as
indicated on the Mortgage Loan Schedule.
Uninsured
Cause: Any cause of damage to a Mortgaged Property or related REO Property
such that the complete restoration of such Mortgaged Property or related REO
Property is not fully reimbursable by the hazard insurance policies required
to
be maintained pursuant the related Servicing Agreement, without regard to
whether or not such policy is maintained.
United
States Person: A citizen or resident of the United States, a corporation or
partnership (including an entity treated as a corporation or partnership for
federal income tax purposes) created or organized in, or under the laws of,
the
United States or any state thereof or the District of Columbia (except, in
the
case of a partnership, to the extent provided in regulations), provided that,
for purposes solely of the Class R Certificates, 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 United States Persons, or
an
estate whose income is subject to United States federal income tax regardless
of
its source, or a trust if a court within the United States is able to exercise
primary supervision over the administration of the trust and one or more such
United States Persons have the authority to control all substantial decisions
of
the trust. To the extent prescribed in regulations by the Secretary of the
Treasury, which have not yet been issued, a trust which was in existence on
August 20, 1996 (other than a trust treated as owned by the grantor under
subpart E of part I of subchapter J of chapter 1 of the Code), and which was
treated as a United States Person on August 20, 1996, may elect to continue
to
be treated as a United States Person notwithstanding the previous
sentence.
Xxxxx
Fargo: Xxxxx Fargo Bank, X.X.
Xxxxx
Fargo Assignment Agreement: The Assignment, Assumption and Recognition
Agreement, dated as of May 31, 2007 among EMC, Xxxxx Fargo and the Trustee
evidencing the assignment of the Xxxxx Fargo Servicing Agreement to the Trust,
attached hereto as Exhibit I-3.
Xxxxx
Fargo Servicing Agreement: The Amended and Restated Master Seller’s
Warranties and Servicing Agreement dated as of November 1, 2005, as amended,
between EMC and Xxxxx Fargo, attached hereto as Exhibit H-3, as amended by
the
Xxxxx Fargo Assignment Agreement.
ARTICLE
II
CONVEYANCE
OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section
2.01 Conveyance
of Mortgage Loans to Trustee.
(a) The
Depositor concurrently with the execution and delivery of this Agreement, sells,
transfers and assigns to the Trust without recourse all its right, title and
interest in and to (i) the Initial Mortgage Loans identified in the
Mortgage Loan Schedule, including all interest and principal due with respect
to
the Mortgage Loans after the Cut-off Date but excluding any payments of
principal and interest due on or prior to the Cut-off Date; (ii) such assets
as
shall from time to time be credited or are required by the terms of this
Agreement to be credited to the Distribution Account maintained by the
Securities Administrator, (iii) such assets as shall from time to time be
credited or are required by the terms of this Agreement to be credited to the
Master Servicer Collection Account maintained by the Master Servicer, (iv)
such
assets relating to the Mortgage Loans as from time to time may be held by the
Servicers in Protected Accounts and the Paying Agent in the Distribution
Account, (v) any REO Property, (vi) the Required Insurance Policies and any
amounts paid or payable by the insurer under any Insurance Policy (to the extent
the mortgagee has a claim thereto), (vii) the Mortgage Loan Purchase Agreement
to the extent provided in Subsection 2.03(a), (viii) the rights with respect
to
the Servicing Agreements as assigned to the Trustee on behalf of the
Certificateholders by the Assignment Agreements and (ix) any proceeds of the
foregoing. Although it is the intent of the parties to this Agreement that
the
conveyance of the Depositor’s right, title and interest in and to the Mortgage
Loans and other assets in the Trust Fund pursuant to this Agreement shall
constitute a purchase and sale and not a loan, in the event that such conveyance
is deemed to be a loan, it is the intent of the parties to this Agreement that
the Depositor shall be deemed to have granted to the Trustee a first priority
perfected security interest in all of the Depositor’s right, title and interest
in, to and under the Mortgage Loans and other assets in the Trust Fund, and
that
this Agreement shall constitute a security agreement under applicable law.
The
Depositor, the Seller, the Master Servicer and the Trustee agree that it is
not
intended that any mortgage loan be conveyed to the Trust that is a “High-Cost
Home Loan” as defined by applicable predatory lending laws.
(b) In
connection with the above transfer and assignment, the Depositor hereby delivers
to the related Custodian, on behalf of the Trustee, with respect to each
Mortgage Loan:
(i) the
original Mortgage Note, endorsed without recourse (A) to the order of the
Trustee or in blank, or (B) in the case of a loan registered on the MERS system,
in blank, and in each case showing an unbroken chain of endorsements from the
related originator, at the time they made the initial endorsement, to the last
endorsee up to and including the point the Sponsor acquired such Mortgage
Loan;
(ii) the
original Mortgage and, if the related Mortgage Loan is a MOM Loan, noting the
presence of the MIN and language indicating that such Mortgage Loan is a MOM
Loan, which shall have been recorded (or, for Mortgage Loans other than the
EMC
Flow Loans, if the original is not available, a copy), with evidence of such
recording indicated thereon (or if clause (w) in the proviso below applies,
shall be in recordable form); provided however that with respect to Mortgage
Loans serviced by Xxxxx Fargo, the Depositor shall only deliver the original
mortgage note and recorded original assignment to the related Custodian, on
behalf of the Trustee, upon the Closing Date;
(iii) unless
the Mortgage Loan is registered on the MERS® System, the original assignment to
blank, or the assignment (either an original or a certified copy which may
be in
the form of a blanket assignment if permitted in the jurisdiction in which
the
Mortgaged Property is located) to “Citibank, N.A., as Trustee”, with evidence of
recording with respect to each Mortgage Loan in the name of the Trustee thereon
(or if clause (w) in the proviso below applies or for Mortgage Loans with
respect to which the related Mortgaged Property is located in a state other
than
Maryland or an Opinion of Counsel has been provided as set forth in this Section
2.01(b), shall be in recordable form);
(iv) all
intervening assignments of the Security Instrument, if applicable, with evidence
of recording thereon;
(v) the
original or a copy of the policy or certificate of primary mortgage guaranty
insurance, to the extent available, if any;
(vi) the
original policy of title insurance or mortgagee’s certificate of title insurance
or commitment or binder for title insurance; and
(vii) originals
of all modification agreements, if applicable and available;
provided,
however, that in lieu of the foregoing, the Depositor may deliver to the
related Custodian, on behalf of the Trustee, the following documents, under
the
circumstances set forth below: (w) in lieu of the original Security Instrument,
assignments to the Trustee or intervening assignments thereof which have been
delivered, are being delivered or will, upon receipt of recording information
relating to the Security Instrument required to be included thereon, be
delivered to recording offices for recording and have not been returned to
the
Depositor in time to permit their delivery as specified above, the Depositor
may
deliver, or cause to be delivered, a true copy thereof with a stamp on the
face
of such copy, substantially as follows: “Certified to be a true and correct copy
of the original”; (x) in lieu of the Security Instrument, assignment to the
Trustee or intervening assignments thereof, if the applicable jurisdiction
retains the originals of such documents (as evidenced by a certification to
such
effect) the Depositor may deliver photocopies of such documents containing
an
original certification by the judicial or other governmental authority of the
jurisdiction where such documents were recorded; (y) in lieu of the Mortgage
Notes relating to the Mortgage Loans identified on Exhibit 5 to the Mortgage
Loan Purchase Agreement, the Depositor may deliver lost note affidavits from
the
related Mortgage Loan Seller; and (z) the Depositor shall not be required to
deliver intervening assignments or Mortgage Note endorsements between the
related Underlying Seller and the related Mortgage Loan Seller, between the
related Mortgage Loan Seller and the Depositor, and between the Depositor and
the Trustee; and provided, further, however, that in the case of Mortgage Loans
which have been prepaid in full after the Cut-off Date and prior to the Closing
Date, the Depositor, in lieu of delivering the above documents, may deliver
to
the Trustee or the related Custodian, on its behalf, a certification to such
effect and shall deposit all amounts paid in respect of such Mortgage Loans
in
the Master Servicer Collection Account on the Closing Date. The Depositor shall
deliver such original documents (including any original documents as to which
certified copies had previously been delivered) to the Trustee or the related
Custodian, on its behalf, promptly after they are received. The Depositor shall
cause the related Mortgage Loan Seller, at its expense, to cause each assignment
of the Security Instrument to the Trustee to be recorded not later than 180
days
after the Closing Date, unless (a) such recordation is not required by the
Rating Agencies or an Opinion of Counsel addressed to the Trustee has been
provided to the Trustee (with a copy to the related Custodian) which states
that
recordation of such Security Instrument is not required to protect the interests
of the Certificateholders in the related Mortgage Loans or (b) 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 related Mortgage Loan
Seller and its successor and assigns; provided, however, notwithstanding the
foregoing, each assignment shall be submitted for recording by the Seller in
the
manner described above, at no expense to the Trust or the Trustee or the related
Custodian, on its behalf, upon the earliest to occur of: (i) reasonable
direction by the Holders of Certificates evidencing Fractional Undivided
Interests aggregating not less than 25% of the Trust, (ii) the occurrence of
an
Event of Default, (iii) the occurrence of a bankruptcy, insolvency or
foreclosure relating to the related Mortgage Loan Seller and (iv) the occurrence
of a servicing transfer as described in Section 8.02 hereof.
Section
2.02 Acceptance
of Mortgage Loans by Trustee.
(a) The
Trustee acknowledges the sale, transfer and assignment of the Trust Fund to
it
by the Depositor and receipt of, subject to further review and the exceptions
which may be noted pursuant to the procedures described below, and declares
that
it holds, the documents (or certified copies thereof) delivered to the related
Custodian, on its behalf, pursuant to Section 2.01, and declares that it will
continue to hold those documents and any amendments, replacements or supplements
thereto and all other assets of the Trust Fund delivered to it (or the related
Custodian on its behalf) as Trustee in trust for the use and benefit of all
present and future Holders of the Certificates. On the Closing Date, with
respect to the Initial Mortgage Loans, or the Subsequent Transfer Date with
respect to the Group II Subsequent Mortgage Loans, the related Custodian shall
acknowledge with respect to each Mortgage Loan by delivery to the Depositor,
EMC
(on its behalf and on behalf of Master Funding), the Master Servicer and the
Trustee of an Initial Certification substantially in the form of Exhibit One
to
the related Custodial Agreement, receipt of the Mortgage File, but without
review of such Mortgage File, except to the extent necessary to confirm that
such Mortgage File contains the related Mortgage Note or lost note affidavit.
No
later than 90 days after the Closing Date, or within 90 days of the Subsequent
Transfer Date with respect to the Group II Subsequent Mortgage Loans (or with
respect to any Substitute Mortgage Loan, within five Business Days after the
receipt by the Trustee or the related Custodian thereof), the Trustee agrees,
for the benefit of the Certificateholders, to review or cause to be reviewed
by
the related Custodian on its behalf (under the related Custodial Agreement),
each Mortgage File delivered to it (or the related Custodian on its behalf)
and
to execute and deliver, or cause to be executed and delivered, to the Depositor,
EMC (on its behalf and on behalf of Master Funding), the Master Servicer and
the
Trustee an Interim Certification substantially in the form of Exhibit Two to
the
related Custodial Agreement. In conducting such review, the Trustee or the
related Custodian on behalf of the Trustee will ascertain whether all required
documents have been executed and received, and based on the related Mortgage
Loan Schedule, whether those documents relate, determined on the basis of the
Mortgagor name, original principal balance and loan number, to the Mortgage
Loans it has received, as identified in the related Mortgage Loan Schedule.
In
performing any such review, the Trustee or the related Custodian, on its behalf,
may conclusively rely on the purported due execution and genuineness of any
such
document and on the purported genuineness of any signature thereon. If the
Trustee or the related Custodian, on its behalf, finds any document constituting
part of the Mortgage File has not been executed or received, or to be unrelated,
determined on the basis of the Mortgagor name, original principal balance and
loan number, to the Mortgage Loans identified in Exhibit B, or the Group II
Subsequent Mortgage Loans identified on the schedule attached to the Subsequent
Transfer Instrument, or to appear defective on its face (i.e. torn, mutilated,
or otherwise physically altered) (a “Material Defect”), the Trustee or the
related Custodian, on its behalf, shall, upon completion of the review of all
files, but in no event later than 90 days after the Closing Date, notify EMC
(on
its own behalf and on behalf of Master Funding). In accordance with
the Mortgage Loan Purchase Agreement, EMC (on its own behalf and on behalf
of
Master Funding) shall correct or cure any such defect within ninety (90) days
from the date of notice from the Trustee or the related Custodian, on its
behalf, of the defect and if EMC (on its own behalf and on behalf of Master
Funding) fails to correct or cure the defect within such period, and such defect
materially and adversely affects the interests of the Certificateholders in
the
related Mortgage Loan, the Trustee shall enforce EMC’s (on its own behalf and on
behalf of Master Funding) obligation under the Mortgage Loan Purchase Agreement,
within 90 days from the Trustee’s or the related Custodian’s notification,
provide a Substitute Mortgage Loan (if within two years of the Closing Date)
or
purchase such Mortgage Loan at the Purchase Price; provided that, if such 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; provided, however, that if
such defect relates solely to the inability of EMC (on its own behalf and on
behalf of Master Funding) to deliver the original Security Instrument or
intervening assignments thereof, or a certified copy because the originals
of
such documents, or a certified copy have not been returned by the applicable
jurisdiction, EMC (on its own behalf and on behalf of Master Funding) shall
not
be required to purchase such Mortgage Loan if EMC (on its behalf and on behalf
of Master Funding) delivers such original documents or certified copy promptly
upon receipt, but in no event later than 360 days after the Closing Date. The
foregoing repurchase obligation shall not apply in the event that EMC (on its
own behalf and on behalf of Master Funding) cannot deliver such original or
copy
of any document submitted for recording to the appropriate recording office
in
the applicable jurisdiction because such document has not been returned by
such
office; provided that EMC (on its own behalf and on behalf of Master Funding)
shall instead deliver a recording receipt of such recording office or, if such
receipt is not available, a certificate confirming that such documents have
been
accepted for recording, and delivery to the Trustee or the related Custodian,
on
its behalf, shall be effected by EMC (on its own behalf and on behalf of Master
Funding) within thirty days of its receipt of the original recorded
document.
(b) No
later
than 180 days after the Closing Date, or within 90 days of the Subsequent
Transfer Date with respect to the Group II Subsequent Mortgage Loans (or with
respect to any Substitute Mortgage Loan, within five Business Days after the
receipt by the Trustee or the related Custodian thereof), the Trustee or the
related Custodian, on its behalf, will review, for the benefit of the
Certificateholders, the Mortgage Files delivered to it and will execute and
deliver or cause to be executed and delivered to the Depositor, EMC (on its
own
behalf and on behalf of Master Funding), the Master Servicer and the Trustee
a
Final Certification substantially in the form of Exhibit Three to the related
Custodial Agreement. In conducting such review, the Trustee or the related
Custodian, on its behalf, will ascertain whether an original of each document
required to be recorded has been returned from the recording office with
evidence of recording thereon or a certified copy has been obtained from the
recording office. If the Trustee or the related Custodian, on its behalf, finds
a Material Defect, the Trustee or the related Custodian, on its behalf, shall,
upon completion of the review of all files, but in no event later than 180
days
after the Closing Date, notify EMC (on its own behalf and on behalf of Master
Funding) (provided, however, that with respect to those documents
described in subsections (b)(iv), (v) and (vii) of Section 2.01, the Trustee’s
and the related Custodian’s obligations shall extend only to the documents
actually delivered to the related Custodian pursuant to such subsections).
In
accordance with the Mortgage Loan Purchase Agreement, EMC (on its own behalf
and
on behalf of Master Funding) shall correct or cure any such defect
within 90 days from the date of notice from the Trustee or the related
Custodian, on its behalf, of the Material Defect and if EMC (on its own behalf
and on behalf of Master Funding) is unable to cure such defect within such
period, and if such defect materially and adversely affects the interests of
the
Certificateholders in the related Mortgage Loan, the Trustee shall enforce
EMC’s
(on its own behalf and on behalf of Master Funding) obligation under
the Mortgage Loan Purchase Agreement, within 90 days from the Trustee’s or the
related Custodian’s notification, provide a Substitute Mortgage Loan (if within
two years of the Closing Date) or purchase such Mortgage Loan at the Purchase
Price, provided that, if such 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, repurchase or substitution must occur within 90 days from the date
such breach was discovered, provided, however, that if such defect relates
solely to the inability of EMC (on its own behalf and on behalf of Master
Funding) to deliver the original Security Instrument or intervening
assignments thereof, or a certified copy, because the originals of such
documents or a certified copy, have not been returned by the applicable
jurisdiction, EMC (on its own behalf and on behalf of Master Funding) shall
not
be required to purchase such Mortgage Loan, if EMC (on its own behalf and on
behalf of Master Funding) delivers such original documents or
certified copy promptly upon receipt, but in no event later than 360 days after
the Closing Date. The foregoing repurchase obligation shall not apply
in the event that EMC (on its own behalf and on behalf of Master Funding) cannot
deliver such original or copy of any document submitted for recording to the
appropriate recording office in the applicable jurisdiction because such
document has not been returned by such office; provided that EMC (on its own
behalf and on behalf of Master Funding) shall instead deliver a recording
receipt of such recording office or, if such receipt is not available, a
certificate confirming that such documents have been accepted for recording,
and
delivery to the Trustee or the related Custodian, on its behalf, shall be
effected by EMC (on its own behalf and on behalf of Master Funding) within
thirty days of its receipt of the original recorded document.
(c) In
the
event that a Mortgage Loan is purchased by EMC (on its own behalf and on behalf
of Master Funding) in accordance with Subsections 2.02(a) or (b) above, EMC
(on
its own behalf and on behalf of Master Funding) shall remit to the Master
Servicer the Purchase Price for deposit in the Master Servicer Collection
Account and EMC (on its own behalf and on behalf of Master Funding) shall
provide to the Securities Administrator and the Paying Agent written
notification detailing the components of the Purchase Price. Upon deposit of
the
Purchase Price in the Master Servicer Collection Account, the Depositor shall
notify the Trustee and the related Custodian, on behalf of the Trustee (upon
receipt of a Request for Release in the form of Exhibit D-1 or Exhibit D-2
attached hereto, as applicable, with respect to such Mortgage Loan), shall
release to EMC (on its own behalf and on behalf of Master Funding) the related
Mortgage File and the Trustee shall execute and deliver all instruments of
transfer or assignment, without recourse, representation or warranty, furnished
to it by the Seller, as are necessary to vest in the Seller title to and rights
under the Mortgage Loan. Such purchase shall be deemed to have occurred on
the
date on which the Purchase Price in available funds is received by the Paying
Agent. The Securities Administrator shall amend the Mortgage Loan Schedule,
which was previously delivered to it by the Depositor in a form agreed to
between the Depositor and the Trustee, to reflect such repurchase and shall
promptly notify the Rating Agencies of such amendment and furnish a copy of
the
amended Mortgage Loan Schedule to the Master Servicer and the related
Custodian. To enable the Securities Administrator to amend the
Mortgage Loan Schedule, the Seller shall, unless it cures such breach in a
timely fashion pursuant to this Section 2.02, promptly notify the Securities
Administrator whether it intends either to repurchase, or to substitute for,
the
Mortgage Loan affected by such breach. The obligation of EMC (on its
own behalf and on behalf of Master Funding) to repurchase or substitute for
any
Mortgage Loan a Substitute Mortgage Loan as to which such a defect in a
constituent document exists shall be the sole remedy respecting such defect
available to the Certificateholders or to the Trustee on their
behalf.
Section
2.03 Assignment
of Interest in the Mortgage Loan Purchase Agreement.
(a) The
Depositor hereby assigns to the Trustee, on behalf of the Certificateholders,
all of its right, title and interest in the Mortgage Loan Purchase Agreement,
including but not limited to the Depositor’s rights and obligations pursuant to
the Servicing Agreements (noting that the Seller has retained the right in
the
event of breach of the representations, warranties and covenants, if any, with
respect to the related Mortgage Loans of the related Servicer under the related
Servicing Agreement to enforce the provisions thereof and to seek all or any
available remedies). The obligations of EMC (on its own behalf and on behalf
of
Master Funding) to substitute or repurchase, as applicable, a Mortgage Loan
shall be the Trustee’s and the Certificateholders’ sole remedy for any breach
thereof. At the request of the Trustee, the Depositor shall take such actions
as
may be necessary to enforce the above right, title and interest on behalf of
the
Trustee and the Certificateholders or shall execute such further documents
as
the Trustee may reasonably require in order to enable the Trustee to carry
out
such enforcement.
(b) If
the
Depositor, the Master Servicer, the Securities Administrator or the Trustee
discovers a breach of any of the representations and warranties set forth in
the
Mortgage Loan Purchase Agreement, which breach materially and adversely affects
the value of the interests of Certificateholders or the Trustee in the related
Mortgage Loan, the party discovering the breach shall give prompt written notice
of the breach to the other parties to this Agreement. EMC (on its own behalf
and
on behalf of Master Funding) within 90 days of its discovery or receipt of
notice that such breach has occurred (whichever occurs earlier), shall cure
the
breach in all material respects or, subject to the Mortgage Loan Purchase
Agreement or Section 2.04 of this Agreement, as applicable, shall purchase
the
Mortgage Loan or any property acquired with respect thereto from the Trustee;
provided, however, that if there is a breach of any representation set forth
in
the Mortgage Loan Purchase Agreement or Section 2.04 of this Agreement, as
applicable, and the Mortgage Loan or the related property acquired with respect
thereto has been sold, then EMC (on its own behalf and on behalf of Master
Funding) shall pay, in lieu of the Purchase Price, any excess of the Purchase
Price over the Net Liquidation Proceeds received upon such sale. If the Net
Liquidation Proceeds exceed the Purchase Price, any excess shall be paid to
EMC
(on its own behalf and on behalf of Master Funding) to the extent not required
by law to be paid to the borrower. Any such purchase by EMC (on its
own behalf and on behalf of Master Funding) shall be made by providing an amount
equal to the Purchase Price to the Master Servicer for deposit in the Master
Servicer Collection Account and written notification detailing the components
of
such Purchase Price to the Securities Administrator, the Paying
Agent. The Depositor shall notify the Trustee and submit to the
related Custodian, on behalf of the Trustee, a Request for Release, and the
related Custodian shall release, or the Trustee shall cause the related
Custodian to release, to the Seller the related Mortgage File and the Trustee
shall execute and deliver all instruments of transfer or assignment furnished
to
it by EMC (on its own behalf and on behalf of Master Funding), without recourse,
representation or warranty as are necessary to vest in the Seller title to
and
rights under the Mortgage Loan or any property acquired with respect thereto.
Such purchase shall be deemed to have occurred on the date on which the Purchase
Price in available funds is received by the Securities Administrator. The
Securities Administrator shall amend the Mortgage Loan Schedule to reflect
such
repurchase and shall promptly notify the Trustee of such amendment and furnish
a
copy of the amended Mortgage Loan Schedule to the Master Servicer and the
related Custodian. Enforcement of the obligation of EMC (on its behalf and
on
behalf of Master Funding) to purchase (or substitute a Substitute Mortgage
Loan
for) any Mortgage Loan or any property acquired with respect thereto (or pay
the
Purchase Price as set forth in the above proviso) as to which a breach has
occurred and is continuing shall constitute the sole remedy respecting such
breach available to the Certificateholders or the Trustee on their
behalf.
In
connection with any repurchase of a Mortgage Loan pursuant to this Section
2.03,
EMC (on its behalf and on behalf of Master Funding) shall, or cause the related
Servicer to, furnish to the Securities Administrator an Officer’s Certificate,
signed by a duly authorized officer of the Seller or the related Servicer,
as
the case may be, to the effect that such repurchase has been made in accordance
with the terms and conditions of this Agreement and that all conditions
precedent to such repurchase have been satisfied, including the delivery to
the
Master Servicer of the Purchase Price for deposit into the Master Servicer
Collection Account, together with copies of any Opinion of Counsel required
to
be delivered pursuant to this Agreement and the related Request for
Release. Solely for purposes of the Securities Administrator
providing an Assessment of Compliance, upon receipt of such documentation,
the
Securities Administrator shall approve such repurchase and which approval shall
consist solely of the Securities Administrator’s receipt of such documentation
and deposits. It is understood and agreed that the obligation under
this Agreement of EMC (on its behalf and on behalf of Master Funding) to
repurchase any Mortgage Loan as to which a breach has occurred and is continuing
shall constitute the sole remedies against the Seller respecting such breach
available to Certificateholders, the Depositor or the Trustee.
Section
2.04 Substitution
of Mortgage Loans.
Notwithstanding
anything to the contrary in this Agreement, in lieu of purchasing a Mortgage
Loan pursuant to the Mortgage Loan Purchase Agreement or Sections 2.02 or 2.03
of this Agreement, EMC (on its own behalf and on behalf of Master Funding)
may,
no later than the date by which such purchase by EMC (on its behalf and on
behalf of Master Funding) would otherwise be required, tender to the Trustee
a
Substitute Mortgage Loan accompanied by a certificate of an authorized officer
of the Seller that such Substitute Mortgage Loan conforms to the requirements
set forth in the definition of “Substitute Mortgage Loan” in this Agreement;
provided, however, that substitution pursuant to the Mortgage Loan Purchase
Agreement or Section 2.04 of this Agreement, as applicable, in lieu of purchase
shall not be permitted after the termination of the two-year period beginning
on
the Startup Day; provided, further, 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 or substitution must occur within 90 days from the
date
the breach was discovered. The related Custodian, on behalf of the Trustee,
shall examine the Mortgage File for any Substitute Mortgage Loan in the manner
set forth in Section 2.02(a) and the Trustee or the related Custodian, on its
behalf, shall notify EMC (on its own behalf and on behalf of Master Funding),
in
writing, within five Business Days after receipt, whether or not the documents
relating to the Substitute Mortgage Loan satisfy the requirements of Subsection
2.01(b). Within two Business Days after such notification, EMC (on its own
behalf and on behalf of Master Funding) shall provide to the Paying Agent for
deposit in the Distribution Account the amount, if any, by which the Outstanding
Principal Balance as of the next preceding Due Date of the Mortgage Loan for
which substitution is being made, after giving effect to the Scheduled Principal
due on such date, exceeds the Outstanding Principal Balance as of such date
of
the Substitute Mortgage Loan, after giving effect to Scheduled Principal due
on
such date, which amount shall be treated for the purposes of this Agreement as
if it were the payment by EMC (on its own behalf and on behalf of Master
Funding) of the Purchase Price for the purchase of a Mortgage Loan by EMC (on
its behalf and on behalf of Master Funding). After such notification to EMC
(on
its own behalf and on behalf of Master Funding) and, if any such excess exists,
upon receipt of such deposit, the Trustee shall accept such Substitute Mortgage
Loan which shall thereafter be deemed to be a Mortgage Loan hereunder. In the
event of such a substitution, accrued interest on the Substitute Mortgage Loan
for the month in which the substitution occurs and any Principal Prepayments
made thereon during such month shall be the property of the Trust Fund and
accrued interest for such month on the Mortgage Loan for which the substitution
is made and any Principal Prepayments made thereon during such month shall
be
the property of EMC (on its own behalf and on behalf of Master Funding). The
Scheduled Principal on a Substitute Mortgage Loan due on the Due Date in the
month of substitution shall be the property of the Seller and the Scheduled
Principal on the Mortgage Loan for which the substitution is made due on such
Due Date shall be the property of the Trust Fund. Upon acceptance of the
Substitute Mortgage Loan (and delivery to the related Custodian of a Request
for
Release for such Mortgage Loan), the related Custodian, on behalf of the
Trustee, shall release to EMC (on its own behalf and on behalf of Master
Funding) the related Mortgage File related to any Mortgage Loan released
pursuant to the Mortgage Loan Purchase Agreement or Section 2.04 of this
Agreement, as applicable, and the Trustee shall execute and deliver all
instruments of transfer or assignment, without recourse, representation or
warranty in form as provided to it as are necessary to vest in the Seller title
to and rights under any Mortgage Loan released pursuant to the Mortgage Loan
Purchase Agreement or Section 2.04 of this Agreement, as applicable. The Seller
shall deliver to the related Custodian the documents related to the Substitute
Mortgage Loan in accordance with the provisions of the Mortgage Loan Purchase
Agreement or Subsections 2.01(b) and 2.02(b) of this Agreement, as applicable,
with the date of acceptance of the Substitute Mortgage Loan deemed to be the
Closing Date for purposes of the time periods set forth in those Subsections.
The representations and warranties set forth in the Mortgage Loan Purchase
Agreement shall be deemed to have been made by the Seller with respect to each
Substitute Mortgage Loan as of the date of acceptance of such Mortgage Loan
by
the Trustee. The Securities Administrator shall amend the Mortgage Loan Schedule
to reflect such substitution and shall provide a copy of such amended Mortgage
Loan Schedule to the Trustee, the Master Servicer, EMC (on its own behalf and
on
behalf of Master Funding), the related Custodian and the Rating
Agencies.
In
connection with any substitution of
a Mortgage Loan pursuant to this Section 2.04, EMC (on its own behalf and on
behalf of Master Funding) shall, or cause the related Servicer to, furnish
to
the Securities Administrator and the Master Servicer an Officer’s Certificate,
signed by a duly authorized officer of EMC (on its own behalf and on behalf
of
Master Funding) or the related Servicer, as the case may be, to the effect
that
such substitution has been made in accordance with the terms and conditions
of
this Agreement and that all conditions precedent to such substitution have
been
satisfied, together with copies of any Opinion of Counsel required to be
delivered pursuant to this Agreement and the related Request for
Release. Solely for purposes of the Securities Administrator
providing an Assessment of Compliance, upon receipt of such documentation,
the
Securities Administrator shall approve such substitution and which approval
shall be based solely on the Securities Administrator’s receipt of such
documentation and deposits. It is understood and agreed that the
obligation under this Agreement of the Seller to substitute any Mortgage Loan
as
to which a breach has occurred and is continuing shall constitute the sole
remedies against EMC (on its own behalf and on behalf of Master Funding)
respecting such breach available to Certificateholders, the Depositor or the
Trustee.
Section
2.05 Issuance
of Certificates.
(a) The
Trustee acknowledges the assignment to it of the Mortgage Loans and the other
assets comprising the Trust Fund and, concurrently therewith, the Securities
Administrator has signed, and countersigned and delivered to the Depositor,
in
exchange therefor, Certificates in such authorized denominations representing
such Fractional Undivided Interests as the Depositor has requested. The Trustee
(or the related Custodian on its behalf) agrees that it will hold the Mortgage
Loans and such other assets as may from time to time be delivered to it (or
the
related Custodian on its behalf) segregated on the books of the Trustee in
trust
for the benefit of the Certificateholders.
(b) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the Group
I Mortgage Loans and the other assets of REMIC I for the benefit of the holders
of the REMIC I Interests. The Trustee acknowledges receipt of such assets and
declares that it holds and will hold the same in trust for the exclusive use
and
benefit of the holders of the REMIC I Interests.
(c) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the Group
II Mortgage Loans and the other assets of REMIC II for the benefit of the
holders of the REMIC II Interests. The Trustee acknowledges receipt of such
assets and declares that it holds and will hold the same in trust for the
exclusive use and benefit of the holders of the REMIC II Interests.
(d) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the REMIC
I Regular Interests and the REMIC II Regular Interests for the benefit of the
holders of the REMIC III Interests. The Trustee acknowledges receipt of the
REMIC I Regular Interests (which are uncertificated) and the REMIC II Regular
Interests (which are uncertificated) and declares that it holds and will hold
the same in trust for the exclusive use and benefit of the holders of the REMIC
III Interests.
(e) The
Depositor, concurrently with the execution and delivery hereof, does hereby
transfer, assign, set over and otherwise convey in trust to the Trustee without
recourse all the right, title and interest of the Depositor in and to the REMIC
III Regular Interests for the benefit of the Holders of the Certificates (other
than the Class R Certificates). The Trustee acknowledges receipt of the REMIC
III Regular Interests (which are uncertificated) and declares that it holds
and
will hold the same in trust for the exclusive use and benefit of the Holders
of
the Certificates (other than the Class R Certificates).
Section
2.06 Representations
and Warranties Concerning the Depositor.
The
Depositor hereby represents and warrants to the Trustee, the Master Servicer
and
the Securities Administrator as follows:
(i) the
Depositor (a) is a corporation duly organized, validly existing and in good
standing under the laws of the State of Delaware and (b) is qualified and in
good standing as a foreign corporation to do business in each jurisdiction
where
such qualification is necessary, except where the failure so to qualify would
not reasonably be expected to have a material adverse effect on the Depositor’s
business as presently conducted or on the Depositor’s ability to enter into this
Agreement and to consummate the transactions contemplated hereby;
(ii) the
Depositor has full corporate power to own its property, to carry on its business
as presently conducted and to enter into and perform its obligations under
this
Agreement;
(iii) the
execution and delivery by the Depositor of this Agreement have been duly
authorized by all necessary corporate action on the part of the Depositor;
and
neither the execution and delivery of this Agreement, nor the consummation
of
the transactions herein contemplated, nor compliance with the provisions hereof,
will conflict with or result in a breach of, or constitute a default under,
any
of the provisions of any law, governmental rule, regulation, judgment, decree
or
order binding on the Depositor or its properties or the articles of
incorporation or by-laws of the Depositor, except those conflicts, breaches
or
defaults which would not reasonably be expected to have a material adverse
effect on the Depositor’s ability to enter into this Agreement and to consummate
the transactions contemplated hereby;
(iv) the
execution, delivery and performance by the Depositor of this Agreement and
the
consummation of the transactions contemplated hereby do not require the consent
or approval of, the giving of notice to, the registration with, or the taking
of
any other action in respect of, any state, federal or other governmental
authority or agency, except those consents, approvals, notices, registrations
or
other actions as have already been obtained, given or made;
(v) this
Agreement has been duly executed and delivered by the Depositor and, assuming
due authorization, execution and delivery by the other parties hereto,
constitutes a valid and binding obligation of the Depositor enforceable against
it in accordance with its terms (subject to applicable bankruptcy and insolvency
laws and other similar laws affecting the enforcement of the rights of creditors
generally);
(vi) there
are
no actions, suits or proceedings pending or, to the knowledge of the Depositor,
threatened against the Depositor, before or by any court, administrative agency,
arbitrator or governmental body (i) with respect to any of the transactions
contemplated by this Agreement or (ii) with respect to any other matter which
in
the judgment of the Depositor will be determined adversely to the Depositor
and
will if determined adversely to the Depositor materially and adversely affect
the Depositor’s ability to enter into this Agreement or perform its obligations
under this Agreement; and the Depositor is not in default with respect to any
order of any court, administrative agency, arbitrator or governmental body
so as
to materially and adversely affect the transactions contemplated by this
Agreement;
(vii) The
Depositor has filed all reports required to be filed by Section 13 or Section
15(d) of the Exchange Act during the preceding 12 months (or for such shorter
period that the Depositor was required to file such reports) and it has been
subject to such filing requirements for the past 90 days; and
(viii) immediately
prior to the transfer and assignment to the Trustee, each Mortgage Note and
each
Mortgage were not subject to an assignment or pledge, and the Depositor had
good
and marketable title to and was the sole owner thereof and had full right to
transfer and sell such Mortgage Loan to the Trustee free and clear of any
encumbrance, equity, lien, pledge, charge, claim or security
interest.
Section
2.07 Purposes
and Powers of the Trust.
The
purpose of the common law trust, as created hereunder, is to engage in the
following activities:
(a) acquire
and hold the Mortgage Loans and the other assets of the Trust Fund and the
proceeds therefrom;
(b) to
issue the Certificates sold to the Depositor in exchange for the Mortgage
Loans;
(c) to
make payments on the Certificates;
(d) to
engage in those activities that are necessary, suitable or convenient to
accomplish the foregoing or are incidental thereto or connected therewith;
and
(e) 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. 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.
Section
2.08 Delivery
of Opinion of Counsel in Connection with Substitutions and
Purchases.
Notwithstanding
any contrary provision of this Agreement, with respect to any Mortgage Loan
that
is not in default or as to which default is not reasonably foreseeable, no
repurchase or substitution pursuant to Sections 2.02, 2.03 or 2.04 shall be
made
unless the Seller delivers to the Trustee and Securities Administrator an
Opinion of Counsel, addressed to the Trustee and the Securities Administrator,
to the effect that such repurchase or substitution would not (i) result in
the
imposition of the tax on “prohibited transactions” of REMIC I, REMIC II, REMIC
III or REMIC IV, or contributions after the Startup Date, as defined in Sections
860F(a)(2) and 860G(d) of the Code, respectively, or (ii) cause any of REMIC
I,
REMIC II, REMIC III or REMIC IV to fail to qualify as a REMIC at any time that
any Certificates are outstanding. Any Mortgage Loan as to which repurchase
or
substitution was delayed pursuant to this paragraph shall be repurchased or
the
substitution therefor shall occur (subject to compliance with Sections 2.02,
2.03 or 2.04) upon the earlier of (a) the occurrence of a default or default
becoming reasonably foreseeable with respect to such Mortgage Loan and (b)
receipt by the Trustee and Securities Administrator of an Opinion of Counsel
addressed to the Trustee and the Securities Administrator to the effect that
such repurchase or substitution, as applicable, will not result in the events
described in clause (i) or clause (ii) of the preceding sentence.
Section
2.09 Conveyance
of the Group II Subsequent Mortgage Loans.
(a) Subject
to the conditions set forth in paragraph (b) below, in consideration of the
Securities Administrator's delivery on the Subsequent Transfer Dates to or
upon
the written order of the Depositor of all or a portion of the balance of funds
in the Group II Pre-Funding Account, the Depositor shall, on such Subsequent
Transfer Date, sell, transfer, assign, set over and convey without recourse
to
the Trust Fund (subject to the other terms and provisions of this Agreement)
all
its right, title and interest in and to (i) the Group II Subsequent Mortgage
Loans identified on the Mortgage Loan Schedule attached to the Subsequent
Transfer Instrument delivered by the Depositor on such Subsequent Transfer
Date,
(ii) all interest accruing thereon on and after the Subsequent Cut-off Date
and
all collections in respect of interest and principal due after the Subsequent
Cut-off Date and (iii) all items with respect to such Group II Subsequent
Mortgage Loans to be delivered pursuant to Section 2.01 and the other items
in
the related Mortgage Files; provided, however, that the Seller reserves and
retains all right, title and interest in and to principal received and interest
accruing on such Group II Subsequent Mortgage Loans prior to the Subsequent
Cut-off Date. The transfer to the Trustee for deposit in Loan Group II by the
Depositor of the Group II Subsequent Mortgage Loans identified on the Mortgage
Loan Schedule shall be absolute and is intended by the Depositor, the Seller,
the Master Servicer, the Trustee and the Group II Certificateholders to
constitute and to be treated as a sale of the Group II Subsequent Mortgage
Loans
by the Depositor to the Trust. The related Mortgage File for each Group II
Subsequent Mortgage Loan shall be delivered to the Custodian, on behalf of
the
Trustee, as its agent, at least three Business Days prior to the Subsequent
Transfer Date.
The
purchase price paid by the Securities Administrator, on behalf of the Trustee,
from amounts released from the Group II Pre-Funding Account shall be 100% of
the
aggregate Scheduled Principal Balance of the Group II Subsequent Mortgage Loans
so transferred (as identified on the Mortgage Loan Schedule provided by the
Depositor). This Agreement shall constitute a fixed price purchase contract
in
accordance with Section 860G(a)(3)(A)(ii) of the Code.
(b) The
Depositor shall transfer to the Trustee for deposit in Loan Group II-1 or Loan
Group II-2, as applicable, the Group II-1 Subsequent Mortgage Loans or Group
II-2 Subsequent Mortgage Loans, as applicable, and the other property and rights
related thereto as described in paragraph (a) above, and the Securities
Administrator, on behalf of the Trustee, shall release funds from the Group
II
Pre-Funding Account only upon the satisfaction of each of the following
conditions on or prior to the Subsequent Transfer Date:
(i) the
Depositor shall have delivered to the Trustee and the Securities Administrator
a
duly executed Subsequent Transfer Instrument, which shall include a Mortgage
Loan Schedule listing the Group II-1 Subsequent Mortgage Loans or Group II-2
Subsequent Mortgage Loans, as applicable, and the Seller shall cause to be
delivered a computer file containing such Mortgage Loan Schedule to the Trustee,
the Securities Administrator and the Master Servicer at least three Business
Days prior to the related Subsequent Transfer Date;
(ii) as
of the Subsequent Transfer Date, as evidenced by delivery of the Subsequent
Transfer Instrument, substantially in the form of Exhibit Q, the Depositor
shall
not be insolvent nor shall it have been rendered insolvent by such transfer
nor
shall it be aware of any pending insolvency with respect to it:
(iii) such
sale and transfer shall not result in a material adverse tax consequence to
the
Trust or the Certificateholders;
(iv) the
Group II Pre-Funding Period shall not have terminated;
(v) the
Depositor shall not have selected the Group II Subsequent Mortgage Loans in
a
manner that it believed to be adverse to the interests of the
Certificateholders;
(vi) the
Depositor shall have received an acknowledgment from each Rating Agency that
the
conveyance of the Group II Subsequent Mortgage Loans does not result in a
reduction or withdrawal of any ratings assigned to the Group II Certificates
by
the Rating Agencies, provided that, in the case of S&P, such acknowledgement
shall be a written acknowledgement;
(vii)
the Trustee, the Securities Administrator and the Rating Agencies are provided
with an Opinion of Counsel, at the expense of the Depositor, stating that each
REMIC in the Trust Fund is and shall continue to qualify as a REMIC following
the transfer of the Group II Subsequent Mortgage Loans, to be delivered as
provided pursuant to this Section 2.09;
(viii)
the Rating Agencies, the Securities Administrator and the Trustee are provided
with an Opinion of Counsel, at the expense of the Depositor, confirming that
the
transfer of the Group II Subsequent Mortgage Loans conveyed on such Subsequent
Transfer Date is a true sale, to be delivered as provided pursuant to this
Section 2.09;
(ix) the
Depositor
shall have furnished to the related Servicer, no later than three Business
Days
prior to the Subsequent Transfer Date, (x) if the servicer or servicers of
such
Subsequent Mortgage Loans are existing Servicers, then a written acknowledgement
of each such Servicer that it is servicing such Group II Subsequent Mortgage
Loans pursuant to the related Servicing Agreement, or (y) if the servicer or
servicers are not existing Servicers, then a Servicing Agreement and Assignment,
Assumption and Recognition Agreement with respect to such servicer or servicers
in form and substance reasonably satisfactory to the Master Servicer;
and
(x) the
Depositor shall have delivered to the Trustee and the Securities Administrator
a
Subsequent Transfer Instrument confirming the satisfaction of the conditions
precedent specified in this Section 2.09 and, pursuant to the Subsequent
Transfer Instrument, assigned to the Trustee without recourse for the benefit
of
the Group II Certificateholders all the right, title and interest of the
Depositor, in, to and under the Subsequent Mortgage Loan Purchase Agreement,
to
the extent of the Group II Subsequent Mortgage Loans.
(c) Any
conveyance of Group II Subsequent Mortgage Loans on a Subsequent Transfer Date
is subject to certain conditions including, but not limited to the
following:
(i) Each
such
Group II Subsequent Mortgage Loan must satisfy the representations and
warranties specified in the Subsequent Transfer Instrument and this
Agreement;
(ii) As
of the Subsequent Cut-off Date, each such Group II Subsequent Mortgage Loan
shall satisfy the following criteria:
|
(a)
|
Such
Group II Subsequent Mortgage Loan is not 30 or more days Delinquent
as of
the last day of the month preceding the Subsequent Cut-off
Date;
|
|
(b)
|
The
original term to stated maturity of such Group II Subsequent Mortgage
Loan
does not exceed 480 months;
|
|
(c)
|
Each
Group II Subsequent Mortgage Loan is a Six-Month LIBOR, One-Year
Treasury
or One-Year LIBOR adjustable rate mortgage loan with a first lien
on the
related Mortgaged Property;
|
|
(d)
|
No
Group II Subsequent Mortgage Loan has a first payment date occurring
after
September 1, 2007;
|
|
(e)
|
The
latest maturity date of any Group II Subsequent Mortgage Loan is
no later
than May 1, 2047;
|
|
(f)
|
If
applicable, such Group II Subsequent Mortgage Loan has a credit
score of
not less than 600;
|
|
(g)
|
Such
Group II Subsequent Mortgage Loan has a gross margin as of the
related
Subsequent Cut-off Date ranging from approximately 1.500% per annum
to
approximately 5.000% per annum;
|
|
(h)
|
Such
Group II Subsequent Mortgage Loan has a maximum mortgage rate as
of the
related Subsequent Cut-Off Date greater than
9.000%;
|
|
(i)
|
Such
Group II Subsequent Mortgage Loan has a Loan-to-Value Ratio less
than or
equal to 100%; and
|
|
(j)
|
Such
Group II Subsequent Mortgage Loan has been underwritten in accordance
with
the guidelines of Countrywide Home Loans,
Inc.
|
|
(iii)
|
As
of the related Subsequent Cut-off Date, the Group II Subsequent
Mortgage
Loans in the aggregate shall satisfy the following
criteria:
|
|
(a)
|
Have
a weighted average gross margin ranging from 2.000% to 2.500% per
annum;
|
|
(b)
|
Have
a weighted average credit score greater than
725;
|
|
(c)
|
Have
no less than 75% of the mortgaged properties be owner
occupied;
|
|
(d)
|
Have
no less than 75% of the mortgaged properties be single family detached
or
planned unit developments;
|
|
(e)
|
Have
no more than 35% of the Group II Subsequent Mortgage Loan be cash
out
refinance;
|
|
(f)
|
Have
all of such Group II Subsequent Mortgage Loan with a Loan-to-Value
Ratio
greater than 80% be covered by a Primary Mortgage Insurance
Policy;
|
|
(g)
|
Have
a weighted average maximum mortgage rate greater than or equal
to 10.000%;
and
|
|
(h)
|
Be
acceptable to the Rating Agencies.
|
(d) The
Trustee and the Securities Administrator shall be entitled to rely upon the
confirmation made by the Depositor pursuant to the related Subsequent Transfer
Instrument and the Opinions of Counsel delivered pursuant to clauses (b)(vii)
and (viii) above in determining that the condition precedents are met for the
release of funds from the Group II Pre-Funding Account.
ARTICLE
III
ADMINISTRATION
AND MASTER SERVICING OF MORTGAGE LOANS; SECURITIES AND EXCHANGE COMMISSION
REPORTING
Section
3.01 Master
Servicer.
The
Master Servicer shall, from and after the Closing Date, supervise, monitor
and
oversee the obligation of the Servicers to service and administer their
respective Mortgage Loans in accordance with the terms of the applicable
Servicing Agreements and shall have full power and authority to do any and
all
things which it may deem necessary or desirable in connection with such master
servicing and administration. In performing its obligations hereunder, the
Master Servicer shall act in a manner consistent with Accepted Master Servicing
Practices. Furthermore, the Master Servicer shall oversee and consult with
each
Servicer as necessary from time-to-time to carry out the Master Servicer’s
obligations hereunder, shall receive, review and evaluate all reports,
information and other data provided to the Master Servicer by each Servicer
and
shall cause each Servicer to perform and observe the covenants, obligations
and
conditions to be performed or observed by such Servicer under its applicable
Servicing Agreement. The Master Servicer shall independently and separately
monitor each Servicer’s servicing activities with respect to each related
Mortgage Loan, reconcile the results of such monitoring with such information
provided in the previous sentence on a monthly basis and coordinate corrective
adjustments to the Servicers’ and Master Servicer’s records, and based on such
reconciled and corrected information, the Master Servicer shall provide a report
in the form of a computer readable magnetic tape (or by such other means as
the
Master Servicer and the Securities Administrator may agree from time to time)
containing such data and information, as agreed to by the Master Servicer and
the Securities Administrator such as to permit the Securities
Administrator to prepare the statements specified in Section 6.04 by 12:00
p.m.
Central Standard Time on the 5th Business
Day prior
to each Distribution Date, and prepare any other information and statements
required to be forwarded by the Master Servicer hereunder; provided, however,
in
no event shall the Master Servicer be required to provide such information
to
the Securities Administrator earlier than 12:00 p.m. Central Standard Time
on
the 19th
calendar day of the month. The Master Servicer shall reconcile the results
of
its Mortgage Loan monitoring with the actual remittances of the Servicers to
the
Master Servicer pursuant to the applicable Servicing Agreements. The Master
Servicer shall be entitled to conclusively rely on the Mortgage Loan data
provided by the related Servicer and shall have no liability for any errors
in
such Mortgage Loan data.
In
addition to the foregoing, in connection with a modification of any Mortgage
Loan by a Servicer, if the Master Servicer is unable to enforce the obligations
of the Servicer with respect to such modification, the Master Servicer shall
notify the Depositor of such Servicer’s failure to comply with the terms of the
Servicing Agreement. If the Servicing Agreement requires the approval of the
Master Servicer for a modification to a Mortgage Loan, the Master Servicer
shall
approve such modification if, based upon its receipt of written notification
from the related Servicer outlining the terms of such modification and
appropriate supporting documentation, the Master Servicer determines that the
modification is permitted under the terms of the Servicing Agreement and that
any conditions to such modification set forth in the Servicing Agreement have
been satisfied. Furthermore, if the Servicing Agreement requires the
oversight and monitoring of loss mitigation measures with respect to the related
Mortgage Loans, the Master Servicer will monitor any loss mitigation procedure
or recovery action related to a defaulted Mortgage Loan (to the extent it
receives notice of such from the related Servicer) and confirm that such loss
mitigation procedure or recovery action is initiated, conducted and concluded
in
accordance with any timeframes and any other requirements set forth in the
Servicing Agreement, and the Master Servicer shall notify the Depositor in
any
case in which the Master Servicer believes that the related Servicer is not
complying with such timeframes and/or other requirements.
In
connection with any such Servicing Modification, the related Servicer may
reimburse itself from the Trust for any outstanding Advances and Servicing
Advances at the time of the modification to the extent interest and principal
is
forgiven or Servicing Advances are reimbursed. Any such reimbursement shall
occur during the same calendar month as the Servicing Modification, and,
to the
extent such Advance or Servicing Advance is forgiven, any such reimbursement
will be treated as a Realized Loss which will be incurred on the Distribution
Date related to the calendar month during which the Servicing Modification
occurred. To the extent Advances and Servicing Advances or other amounts
owed
the Servicer are capitalized, the related Servicer may reimburse itself from
such arrearages on a first priority basis.
The
Trustee shall furnish the Servicers and the Master Servicer, upon written
request from a servicing officer, with any powers of attorney and other
documents in form as provided to it necessary or appropriate to enable the
Servicers and the Master Servicer to service and administer the related Mortgage
Loans and REO Property.
The
Trustee or the related Custodian on its behalf or the related Servicer shall
provide access to the records and documentation in the possession of the related
Custodian regarding the related Mortgage Loans and REO Property and the
servicing thereof to the Certificateholders, the FDIC, and the supervisory
agents and examiners of the FDIC, such access being afforded only upon
reasonable prior written request and during normal business hours at the office
of the related Custodian or the related Servicer; provided, however, that,
unless otherwise required by law, the Trustee, the related Custodian, or the
related Servicer, shall not be required to provide access to such records and
documentation if the provision thereof would violate the legal right to privacy
of any Mortgagor. The Trustee or the related Custodian, on its behalf, or the
related Servicer, shall allow representatives of the above entities to photocopy
any of the records and documentation and shall provide equipment for that
purpose at a charge that covers the Trustee’s, the related Custodian’s or the
related Servicer’s actual costs.
The
Trustee shall execute upon the related Servicer’s written instruction (which
includes the documents to be signed) and deliver to the related Servicer and
the
Master Servicer, any court pleadings, requests for trustee’s sale or other
appropriate documents necessary or desirable to (i) the foreclosure or trustee’s
sale with respect to a Mortgaged Property; (ii) any legal action brought to
obtain judgment against any Mortgagor on the Mortgage Note or Security
Instrument; (iii) obtain a deficiency judgment against the Mortgagor; or (iv)
enforce any other rights or remedies provided by the Mortgage Note or Security
Instrument or otherwise available at law or equity.
Section
3.02 REMIC-Related
Covenants.
For
as
long as each REMIC shall exist, the Trustee and the Securities Administrator
shall act in accordance herewith to assure continuing treatment of such REMIC
as
a REMIC, and the Trustee and the Securities Administrator shall comply with
any
directions of the Depositor, the related Servicer or the Master Servicer to
assure such continuing treatment. In particular, the Securities Administrator
or
the Trustee shall not (a) sell or permit the sale of all or any portion of
the
Mortgage Loans or of any investment of deposits in an Account (except as
otherwise expressly permitted by this Agreement) unless such sale is as a result
of a repurchase of the Mortgage Loans pursuant to this Agreement or the Trustee
and Securities Administrator has received a REMIC Opinion addressed to the
Securities Administrator and the Trustee prepared at the expense of the Trust
Fund; (b) other than with respect to a substitution pursuant to the Mortgage
Loan Purchase Agreement or Section 2.04 of this Agreement, as applicable, accept
any contribution to any REMIC after the Startup Day without receipt of a REMIC
Opinion addressed to the Securities Administrator and the Trustee; or (c)
acquire any assets for any REMIC (except as otherwise expressly permitted by
this Agreement) other
than any REO Property after the Startup Day without receipt of a REMIC
Opinion.
Section
3.03 Monitoring
of Servicers.
(a) The
Master Servicer shall be responsible for reporting to the Trustee and the
Depositor the non-compliance by each Servicer with its duties under the related
Servicing Agreement. In the review of each Servicer’s activities, the Master
Servicer may rely upon an officer’s certificate of the Servicer (or similar
document signed by an officer of the Servicer) with regard to such Servicer’s
compliance with the terms of its Servicing Agreement. In the event that the
Master Servicer, in its judgment, determines that a Servicer should be
terminated in accordance with its Servicing Agreement, or that a notice should
be sent pursuant to such Servicing Agreement with respect to the occurrence
of
an event that, unless cured, would constitute grounds for such termination,
the
Master Servicer shall notify the Depositor and the Trustee thereof and the
Master Servicer shall issue such notice or take such other action as it deems
appropriate.
The
Master Servicer, for the benefit of the Trustee and the Certificateholders,
shall enforce the obligations of each Servicer under the related Servicing
Agreement, and shall, in the event that the related Servicer fails to perform
its obligations in accordance with the related Servicing Agreement, subject
to
the preceding paragraph, terminate the rights and obligations of such Servicer
thereunder and act as successor servicer of the related Mortgage Loans or to
cause the Trustee to enter into a new Servicing Agreement with a successor
servicer selected by the Master Servicer; provided, however, it is understood
and acknowledged by the parties hereto that there shall be a period of
transition (not to exceed 90 days) before the actual servicing functions can
be
fully transferred to such successor Servicer. Such enforcement, including,
without limitation, the legal prosecution of claims, termination of the related
Servicing Agreement 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, in its good faith business judgment, would require were it the owner
of the related Mortgage Loans. The Master Servicer shall pay the costs of such
enforcement at its own expense, subject to its right of reimbursement pursuant
to the provisions of this Agreement or the related Servicing Agreement, provided
that the Master Servicer shall not be required to prosecute or defend any legal
action except to the extent that the Master Servicer shall have received
reasonable indemnity for its costs and expenses in pursuing such
action. Nothing herein shall impose any obligation on the part of the
Trustee to assume or succeed to the duties or obligations of the Master Servicer
unless the Trustee has not been able to find a successor servicer or a successor
master servicer.
(b) To
the
extent that the costs and expenses of the Master Servicer or the Trustee, as
applicable, related to any termination of a Servicer, or the enforcement or
prosecution or related claims, rights or remedies or the appointment of a
successor servicer or the transfer and assumption of servicing by the Master
Servicer with respect to any Servicing Agreement (including, without limitation,
(i) all legal costs and expenses and all due diligence costs and expenses
associated with an evaluation of the potential termination of a Servicer as
a
result of an event of default by such Servicer and (ii) all costs and expenses
associated with the complete transfer of servicing, including all servicing
files and all servicing data and the completion, correction or manipulation
of
such servicing data as may be required by the successor servicer to correct
any
errors or insufficiencies in the servicing data or otherwise to enable the
successor servicer to service the Mortgage Loans in accordance with the related
Servicing Agreement) are not fully and timely reimbursed by the terminated
Servicer, the Master Servicer or the Trustee, as applicable, shall be entitled
to reimbursement of such costs and expenses from the Distribution Account,
pursuant to Section 4.05.
(c) The
Master Servicer shall require each Servicer to comply with the remittance
requirements and other obligations set forth in the related Servicing
Agreements.
(d) If
the
Master Servicer acts as Servicer, it will not assume liability for the
representations and warranties of the Servicer, if any, that it
replaces.
Section
3.04 Fidelity
Bond.
The
Master Servicer, at its expense, shall maintain in effect a blanket fidelity
bond and an errors and omissions insurance policy, affording coverage with
respect to all directors, officers, employees and other Persons acting on such
Master Servicer’s behalf, and covering errors and omissions in the performance
of the Master Servicer’s obligations hereunder. The errors and omissions
insurance policy and the fidelity bond shall be in such form and amount
generally acceptable for entities serving as master servicers or
trustees.
Section
3.05 Power
to
Act; Procedures.
The
Master Servicer shall master service the Mortgage Loans and shall have full
power and authority, subject to the REMIC Provisions and the provisions of
Article X hereof, to do any and all things that it may deem necessary or
desirable in connection with the master servicing and administration of the
Mortgage Loans, including but not limited to the power and authority (i) to
execute and deliver, on behalf of the Certificateholders and the Trustee,
customary consents or waivers and other instruments and documents, (ii) to
consent to transfers of any Mortgaged Property and assumptions of the Mortgage
Notes and related Mortgages, (iii) to collect any Insurance Proceeds and
Liquidation Proceeds, and (iv) to effectuate foreclosure or other conversion
of
the ownership of the Mortgaged Property securing any Mortgage Loan, in each
case, in accordance with the provisions of this Agreement and the related
Servicing Agreement, as applicable; provided, however, that the Master Servicer
shall not (and, consistent with its responsibilities under Section 3.03, shall
not permit any Servicer to) knowingly or intentionally take any action, or
fail
to take (or fail to cause to be taken) any action reasonably within its control
and the scope of duties more specifically set forth herein, that, under the
REMIC Provisions, if taken or not taken, as the case may be, may cause any
REMIC
to fail to qualify as a REMIC or result in the imposition of a tax upon the
Trust Fund (including but not limited to the tax on prohibited transactions
as
defined in Section 860F(a)(2) of the Code and the tax on contributions to a
REMIC set forth in Section 860G(d) of the Code) unless the Master Servicer
has
received an Opinion of Counsel (but not at the expense of the Master Servicer)
to the effect that the contemplated action would not cause any REMIC to fail
to
qualify as a REMIC or result in the imposition of a tax upon any REMIC. The
Trustee shall furnish the Master Servicer, upon written request from a Servicing
Officer, with any powers of attorney empowering the Master Servicer or any
Servicer to execute and deliver instruments of satisfaction or cancellation,
or
of partial or full release or discharge, and to foreclose upon or otherwise
liquidate Mortgaged Property, and to appeal, prosecute or defend in any court
action relating to the Mortgage Loans or the Mortgaged Property, in accordance
with the applicable Servicing Agreement and this Agreement, and the Trustee
shall execute and deliver such other documents, as the Master Servicer may
request, to enable the Master Servicer to master service and administer the
Mortgage Loans and carry out its duties hereunder, in each case in accordance
with Accepted Master Servicing Practices (and the Trustee shall have no
liability for misuse of any such powers of attorney by the Master Servicer
or
any Servicer). If the Master Servicer or the Trustee has been advised that
it is
likely that the laws of the state in which action is to be taken prohibit such
action if taken in the name of the Trustee or that the Trustee would be
adversely affected under the “doing business” or tax laws of such state if such
action is taken in its name, the Master Servicer shall join with the Trustee
in
the appointment of a co-trustee pursuant to Section 9.11 hereof. In the
performance of its duties hereunder, the Master Servicer shall be an independent
contractor and shall not, except in those instances where it is taking action
in
the name of the Trust, be deemed to be the agent of the Trust.
Section
3.06 Due-on-Sale
Clauses; Assumption Agreements.
To
the
extent provided in the applicable Servicing Agreement, to the extent Mortgage
Loans contain enforceable due-on-sale clauses, the Master Servicer shall cause
the Servicers to enforce such clauses in accordance with the applicable
Servicing Agreement. If applicable law prohibits the enforcement of a
due-on-sale clause or such clause is otherwise not enforced in accordance with
the applicable Servicing Agreement, and, as a consequence, a Mortgage Loan
is
assumed, the original Mortgagor may be released from liability in accordance
with the applicable Servicing Agreement.
Section
3.07 Release
of Mortgage Files.
(a) Upon
becoming aware of the payment in full of any Mortgage Loan, or the receipt
by
any Servicer of a notification that payment in full has been escrowed in a
manner customary for such purposes for payment to Certificateholders on the
next
Distribution Date, the Servicer will, if required under the applicable Servicing
Agreement (or if the Servicer does not, the Master Servicer may), promptly
furnish to the related Custodian, on behalf of the Trustee, two copies of a
certification substantially in the form of Exhibit D-1 or Exhibit D-2, as
applicable, (or as otherwise provided in the related Custodial Agreement) hereto
signed by a Servicing Officer or in a mutually agreeable electronic format
which
will, in lieu of a signature on its face, originate from a Servicing Officer
(which certification shall include a statement to the effect that all amounts
received in connection with such payment that are required to be deposited
in
the Protected Account maintained by the applicable Servicer pursuant to Section
4.01 or by the applicable Servicer pursuant to its Servicing Agreement have
been
or will be so deposited) and shall request that the related Custodian, on behalf
of the Trustee, deliver to the applicable Servicer the related Mortgage File.
Upon receipt of such certification and request, the related Custodian, on behalf
of the Trustee, shall promptly release the related Mortgage File to the
applicable Servicer and the Trustee and the related Custodian shall have no
further responsibility with regard to such Mortgage File. Upon any such payment
in full, each Servicer is authorized, to give, as agent for the Trustee, as
the
mortgagee under the Mortgage that secured the Mortgage Loan, an instrument
of
satisfaction (or assignment of mortgage without recourse) regarding the
Mortgaged Property subject to the Mortgage, which instrument of satisfaction
or
assignment, as the case may be, shall be delivered to the Person or Persons
entitled thereto against receipt therefor of such payment, it being understood
and agreed that no expenses incurred in connection with such instrument of
satisfaction or assignment, as the case may be, shall be chargeable to the
Protected Account.
(b) From
time
to time and as appropriate for the servicing or foreclosure of any Mortgage
Loan
and in accordance with the applicable Servicing Agreement, upon written
instruction from such Servicer or the Master Servicer, the Trustee shall execute
such documents as shall be prepared and furnished to the Trustee by a Servicer
or the Master Servicer (in form reasonably acceptable to the Trustee) and as
are
necessary to the prosecution of any such proceedings. The related Custodian,
on
behalf of the Trustee, shall, upon the request of a Servicer or the Master
Servicer, and delivery to the related Custodian, on behalf of the Trustee,
of
two copies of a request for release signed by a Servicing Officer substantially
in the form of Exhibit D-1 or Exhibit D-2, as applicable, (or in a mutually
agreeable electronic format which will, in lieu of a signature on its face,
originate from a Servicing Officer), release the related Mortgage File held
in
its possession or control to the Servicer or the Master Servicer, as applicable.
Such trust receipt shall obligate the Servicer or the Master Servicer to return
the Mortgage File to the related Custodian on behalf of the Trustee, when the
need therefor by the Servicer or the Master Servicer no longer exists unless
the
Mortgage Loan shall be liquidated, in which case, upon receipt of a certificate
of a Servicing Officer similar to that hereinabove specified, the Mortgage
File
shall be released by the related Custodian, on behalf of the Trustee, to the
Servicer or the Master Servicer.
Section
3.08 Documents,
Records and Funds in Possession of Master Servicer To Be Held for
Trustee.
(a) The
Master Servicer and each Servicer (to the extent required by the related
Servicing Agreement) shall transmit to the Trustee or the related Custodian
on
its behalf such documents and instruments coming into the possession of the
Master Servicer or such Servicer from time to time as are required by the terms
hereof, or in the case of the Servicers, the applicable Servicing Agreement,
to
be delivered to the Trustee or the related Custodian on its behalf. Any funds
received by the Master Servicer or by a Servicer in respect of any Mortgage
Loan
or which otherwise are collected by the Master Servicer or by a Servicer as
Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan
shall
be held for the benefit of the Trustee and the Certificateholders subject to
the
Master Servicer’s right to retain or withdraw from the Master Servicer
Collection Account, the Master Servicing Compensation and other amounts provided
in this Agreement, and to the right of each Servicer to retain its Servicing
Fee
and other amounts as provided in the applicable Servicing Agreement. The Master
Servicer and each Servicer shall provide access to information and documentation
regarding the Mortgage Loans to the Trustee, its agents and accountants at
any
time upon reasonable request and during normal business hours, and to
Certificateholders that are savings and loan associations, banks or insurance
companies, the Office of Thrift Supervision, the FDIC and the supervisory agents
and examiners of such Office and Corporation or examiners of any other federal
or state banking or insurance regulatory authority if so required by applicable
regulations of the Office of Thrift Supervision or other regulatory authority,
such access to be afforded without charge but only upon reasonable request
in
writing and during normal business hours at the offices of the Master Servicer
designated by it. In fulfilling such a request the Master Servicer shall not
be
responsible for determining the sufficiency of such information.
(b) All
Mortgage Files and funds collected or held by, or under the control of, the
Master Servicer, in respect of any Mortgage Loans, whether from the collection
of principal and interest payments or from Liquidation Proceeds or Insurance
Proceeds, shall be held by the Master Servicer for and on behalf of the Trustee
and the Certificateholders and shall be and remain the sole and exclusive
property of the Trustee; provided, however, that the Master Servicer and each
Servicer shall be entitled to setoff against, and deduct from, any such funds
any amounts that are properly due and payable to the Master Servicer or such
Servicer under this Agreement or the applicable Servicing
Agreement.
Section
3.09 Standard
Hazard Insurance and Flood Insurance Policies.
(a) For
each
Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers
under the related Servicing Agreements to maintain or cause to be maintained
standard fire and casualty insurance and, where applicable, flood insurance,
all
in accordance with the provisions of the related Servicing Agreements. It is
understood and agreed that such insurance shall be with insurers meeting the
eligibility requirements set forth in the applicable Servicing Agreement and
that no earthquake or other additional insurance is to be required of any
Mortgagor or to be maintained on property acquired in respect of a defaulted
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.
(b) Pursuant
to Section 4.01 and 4.02, any amounts collected by the Servicers or the Master
Servicer, or by any Servicer, under any insurance policies (other than amounts
to be applied to the restoration or repair of the property subject to the
related Mortgage or released to the Mortgagor in accordance with the applicable
Servicing Agreement) shall be deposited into the Master Servicer Collection
Account, subject to withdrawal pursuant to Section 4.03. Any cost incurred
by
the Master Servicer or any Servicer in maintaining any such insurance if the
Mortgagor defaults in its obligation to do so shall be added to the amount
owing
under the Mortgage Loan where the terms of the Mortgage Loan so permit;
provided, however, that the addition of any such cost shall not be taken into
account for purposes of calculating the distributions to be made to
Certificateholders and shall be recoverable by the Master Servicer or such
Servicer pursuant to Section 4.03.
Section
3.10 Presentment
of Claims and Collection of Proceeds.
The
Master Servicer shall (to the extent provided in the applicable Servicing
Agreement) cause the related Servicer to prepare and present on behalf of the
Trustee and the Certificateholders all claims under the Insurance Policies
and
take such actions (including the negotiation, settlement, compromise or
enforcement of the insured’s claim) as shall be necessary to realize recovery
under such policies. Any proceeds disbursed to the Master Servicer (or disbursed
to a Servicer and remitted to the Master Servicer) in respect of such policies,
bonds or contracts shall be promptly deposited in the Master Servicer Collection
Account upon receipt, except that any amounts realized that are to be applied
to
the repair or restoration of the related Mortgaged Property, which repair or
restoration the owner of such Mortgaged Property or EMC, as applicable, has
agreed to make as a condition precedent to the presentation of claims on the
related Mortgage Loan to the insurer under any applicable Insurance Policy
need
not be so deposited (or remitted).
Section
3.11 Maintenance
of the Primary Mortgage Insurance Policies.
(a) The
Master Servicer shall not take, or authorize any Servicer (to the extent such
action is prohibited under the applicable Servicing Agreement) to take, any
action that would result in noncoverage under any applicable Primary Mortgage
Insurance Policy of any loss which, but for the actions of the Master Servicer
or such Servicer, would have been covered thereunder. The Master Servicer shall
use its best reasonable efforts to cause each Servicer (to the extent required
under the related Servicing Agreement) to keep in force and effect (to the
extent that the Mortgage Loan requires the Mortgagor to maintain such
insurance), primary mortgage insurance applicable to each Mortgage Loan in
accordance with the provisions of this Agreement and the related Servicing
Agreement, as applicable. The Master Servicer shall not, and shall not authorize
any Servicer (to the extent required under the related Servicing Agreement)
to,
cancel or refuse to renew any such Primary Mortgage Insurance Policy that is
in
effect at the date of the initial issuance of the Mortgage Note and is required
to be kept in force hereunder except in accordance with the provisions of this
Agreement and the related Servicing Agreement, as applicable.
(b) The
Master Servicer agrees to present, or to cause each Servicer (to the extent
required under the related Servicing Agreement) to present, on behalf of the
Trustee and the Certificateholders, claims to the insurer under any Primary
Mortgage Insurance Policies and, in this regard, to take such reasonable action
as shall be necessary to permit recovery under any Primary Mortgage Insurance
Policies respecting defaulted Mortgage Loans. Pursuant to Section 4.01 and
4.04,
any amounts collected by the Master Servicer or any Servicer under any Primary
Mortgage Insurance Policies shall be deposited in the Master Servicer Collection
Account, subject to withdrawal pursuant to Sections 4.03.
Section
3.12 Trustee
to Retain Possession of Certain Insurance Policies and Documents.
The
Trustee (or the related Custodian, on behalf of the Trustee), shall retain
possession and custody of the originals (to the extent available) of any Primary
Mortgage Insurance Policies, or certificate of insurance if applicable, and
any
certificates of renewal as to the foregoing as may be issued from time to time
as contemplated by this Agreement. Until all amounts distributable in respect
of
the Certificates have been distributed in full and the Master Servicer otherwise
has fulfilled its obligations under this Agreement, the Trustee (or its
Custodian, if any, on behalf of the Trustee) shall also retain possession and
custody of each Mortgage File in accordance with and subject to the terms and
conditions of this Agreement. The Master Servicer shall promptly deliver or
cause to be delivered to the Trustee (or the related Custodian, on behalf of
the
Trustee), upon the execution or receipt thereof the originals of any Primary
Mortgage Insurance Policies, any certificates of renewal, and such other
documents or instruments that constitute portions of the Mortgage File that
come
into the possession of the Master Servicer from time to time.
Section
3.13 Realization
Upon Defaulted Mortgage Loans.
The
Master Servicer shall cause each Servicer (to the extent required under the
related Servicing Agreement) to foreclose upon, repossess or otherwise
comparably convert the ownership of Mortgaged 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,
all
in accordance with the applicable Servicing Agreement.
Section
3.14 Compensation
for the Master Servicer.
The
Master Servicer will be entitled to all income and gain realized from any
investment of funds in the Master Servicer Collection Account, for the
performance of its activities hereunder. The Master Servicer shall be
required to pay all expenses incurred by it in connection with its activities
hereunder and shall not be entitled to reimbursement therefor except as provided
in this Agreement.
Section
3.15 REO
Property.
(a) In
the
event the Trust Fund acquires ownership of any REO Property in respect of any
related Mortgage Loan, the deed or certificate of sale shall be issued to the
Trustee, or to its nominee, on behalf of the related Certificateholders. The
Master Servicer shall, to the extent provided in the applicable Servicing
Agreement, cause the applicable Servicer to sell any REO Property as
expeditiously as possible and in accordance with the provisions of this
Agreement and the related Servicing Agreement, as applicable. Pursuant to its
efforts to sell such REO Property, the Master Servicer shall cause the
applicable Servicer to protect and conserve, such REO Property in the manner
and
to the extent required by the applicable Servicing Agreement, in accordance
with
the REMIC Provisions and in a manner that does not result in a tax on “net
income from foreclosure property” or cause such REO Property to fail to qualify
as “foreclosure property” within the meaning of Section 860G(a)(8) of the
Code.
(b) The
Master Servicer shall, to the extent required by the related Servicing
Agreement, cause the applicable Servicer to deposit all funds collected and
received in connection with the operation of any REO Property in the related
Protected Account.
(c) The
Master Servicer and the applicable Servicer, upon the final disposition of
any
REO Property, shall be entitled to reimbursement for any related unreimbursed
Monthly Advances and other unreimbursed advances as well as any unpaid Servicing
Fees from Liquidation Proceeds received in connection with the final disposition
of such REO Property; provided, that any such unreimbursed Monthly Advances
as
well as any unpaid Servicing Fees may be reimbursed or paid, as the case may
be,
prior to final disposition, out of any net rental income or other net amounts
derived from such REO Property.
(d) To
the
extent provided in the related Servicing Agreement, the Liquidation Proceeds
from the final disposition of the REO Property, net of any payment to the Master
Servicer and the applicable Servicer as provided above, subject to approval
by
the Master Servicer, shall be deposited in the related Protected Account on
or
prior to the Determination Date in the month following receipt thereof and
be
remitted by wire transfer in immediately available funds to the Master Servicer
for deposit into the Master Servicer Collection Account on the next succeeding
Servicer Remittance Date.
Section
3.16 Annual
Statement as to Compliance.
(a) The
Master Servicer and the Securities Administrator shall deliver (or otherwise
make available) to the Depositor and the Securities Administrator not later
than
March 15th of each calendar year beginning in 2008, an Officer’s Certificate (an
“Annual Statement of Compliance”) stating, as to each signatory thereof, that
(i) a review of the activities of each such party during the preceding calendar
year and of its performance under this Agreement or other applicable servicing
agreement has been made under such officer’s supervision and (ii) to the best of
such officer’s knowledge, based on such review, such party has fulfilled all of
its obligations under this Agreement or other applicable servicing agreement
in
all material respects throughout such year, or, if there has been a failure
to
fulfill any such obligation in any material respect, specifying each such
failure known to such officer and the nature and status of the cure provisions
thereof. Such Annual Statement of Compliance shall contain no
restrictions or limitations on its use. The Master Servicer shall
enforce the obligations of each Servicer, to the extent set forth in the related
Servicing Agreement, to deliver a similar Annual Statement of Compliance by
that
Servicer to the Depositor and the Securities Administrator as described above
as
and when required with respect to the Master Servicer. In the event
that certain servicing responsibilities with respect to any Mortgage Loan have
been delegated by the Master Servicer, the Securities Administrator or a
Servicer to a subservicer or subcontractor, each such entity shall cause such
subservicer or subcontractor (and with respect to each Servicer, the Master
Servicer shall enforce the obligation of such Servicer to the extent required
under the related Servicing Agreement) to deliver a similar Annual Statement
of
Compliance by such subservicer or subcontractor to the Depositor and the
Securities Administrator as described above as and when required with respect
to
the Master Servicer or the related Servicer (as the case may be).
(b) Failure
of the Master Servicer to comply with this Section 3.16 (including with respect
to the timeframes required herein) shall be deemed an Event of Default, and
at
the written direction of the Depositor the Trustee shall, in addition to
whatever rights the Trustee may have under this Agreement and at law or equity
or to damages, including injunctive relief and specific performance, upon notice
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
without compensating the Master Servicer for the same (but subject to the Master
Servicer’s rights to payment of any Master Servicing Compensation and
reimbursement of all amounts for which it is entitled to be reimbursed prior
to
the date of termination). Failure of the Securities Administrator to
comply with this Section 3.16 (including with respect to the timeframes required
in this Section) which failure results in a failure to timely file the related
Form 10-K, shall be deemed a default and the Trustee at the written direction
of
the Depositor shall, in addition to whatever rights the Trustee may have under
this Agreement and at law or equity or to damages, including injunctive relief
and specific performance, upon notice immediately terminate all of the rights
and obligations of the Securities Administrator under this Agreement and in
and
to the Mortgage Loans and the proceeds thereof without compensating the
Securities Administrator for the same. This paragraph shall supersede
any other provision in this Agreement or any other agreement to the
contrary.
Section
3.17 Assessments
of Compliance and Attestation Reports.
Pursuant
to Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation
AB,
each of the Master Servicer, the Securities Administrator and the Custodians
(to
the extent set forth in this Section) (each, an “Attesting Party”) shall deliver
(or otherwise make available) to the Master Servicer, the Securities
Administrator and the Depositor on or before March 15th of each calendar year
beginning in 2008, a report regarding such Attesting Party’s assessment of
compliance (an “Assessment of Compliance”) with the Servicing Criteria during
the preceding calendar year. The Assessment of Compliance, as set
forth in Regulation AB, must contain the following:
(a) A
statement by an authorized officer of such Attesting Party of its authority
and
responsibility for assessing compliance with the Servicing Criteria applicable
to the related Attesting Party;
(b) A
statement by an authorized officer that such Attesting Party used the Servicing
Criteria attached as Exhibit M hereto, and which will also be attached to the
Assessment of Compliance, to assess compliance with the Servicing Criteria
applicable to the related Attesting Party;
(c) An
assessment by such officer of the related Attesting Party’s compliance with the
applicable Servicing Criteria for the period consisting of the preceding
calendar year, including disclosure of any material instance of noncompliance
with respect thereto during such period, which assessment shall be based on
the
activities such Attesting Party performs with respect to asset-backed securities
transactions taken as a whole involving the related Attesting Party, that are
backed by the same asset type as the Mortgage Loans;
(d) A
statement that a registered public accounting firm has issued an attestation
report on the related Attesting Party’s Assessment of Compliance for the period
consisting of the preceding calendar year; and
(e) A
statement as to which of the Servicing Criteria, if any, are not applicable
to
the related Attesting Party, which statement shall be based on the activities
such Attesting Party performs with respect to asset-backed securities
transactions taken as a whole involving such Attesting Party, that are backed
by
the same asset type as the Mortgage Loans.
Such
report at a minimum shall address each of the Servicing Criteria specified
on
Exhibit M hereto which are indicated as applicable to the related Attesting
Party.
On
or
before March 15th of each calendar year beginning in 2008, each Attesting Party
shall furnish to the Master Servicer, the Depositor and the Securities
Administrator a report (an “Attestation Report”) by a registered public
accounting firm that attests to, and reports on, the Assessment of Compliance
made by the related Attesting Party, as required by Rules 13a-18 and 15d-18
of
the Exchange Act and Item 1122(b) of Regulation AB, which Attestation Report
must be made in accordance with standards for attestation reports issued or
adopted by the Public Company Accounting Oversight Board.
The
Master Servicer shall enforce the obligation of each Servicer to deliver to
the
Master Servicer and the Depositor an Assessment of Compliance and Attestation
Report as and when provided in the related Servicing Agreement. In
addition, each of the Master Servicer and the Securities Administrator shall
cause, and the Master Servicer shall enforce the obligation (as and when
provided in the related Servicing Agreement) of each Servicer to cause, any
subservicer and each subcontractor (to the extent such subcontractor is
determined by the Master Servicer or the Securities Administrator, as
applicable, to be “participating in the servicing function” within the meaning
of Item 1122 of Regulation AB) that is engaged by such Servicer, Master Servicer
or Securities Administrator, as applicable, to deliver to the Master Servicer
and the Depositor an Assessment of Compliance and Attestation Report as and
when
provided under the term of the related Servicing Agreement. Pursuant to each
of
the Servicing Agreements, the related Servicer, or any subservicer and each
subcontractor (to the extent such subcontractor is determined by the Master
Servicer to be “participating in the servicing function” within the meaning of
Item 1122 of Regulation AB) that is engaged by such Servicer, is obligated
to
provide such Assessment of Compliance and Attestation Report on the 1st of March
and in no
event later than the 15th of March
each year
that the related Mortgage Loans are serviced under the applicable Servicing
Agreement. The Master Servicer shall deliver to the Securities
Administrator any such Assessment of Compliance and Attestation Report received
from a Servicer or any subservicer and each subcontractor (to the extent such
subcontractor is determined by the Master Servicer to be “participating in the
servicing function” within the meaning of Item 1122 of Regulation AB) that is
engaged by such Servicer, within two business days of such receipt but in no
event later than two Business Days following the 15th day of
March for
each year for which a Report on Form 10-K is required to be filed with respect
to the Trust Fund. Such Assessment of Compliance, as to any
subservicer or subcontractor, shall at a minimum address the applicable
Servicing Criteria specified on Exhibit M hereto which are indicated as
applicable to any “primary servicer” to the extent such subservicer or
subcontractor is performing any servicing function for the party who engages
it
and to the extent such party is not itself addressing the Servicing Criteria
related to such servicing function in its own Assessment of
Compliance. The Securities Administrator shall confirm that each of
the Assessments of Compliance delivered to it, taken as a whole, address all
of
the Servicing Criteria and taken individually address the Servicing Criteria
for
each party as set forth in Exhibit M and notify the Depositor of any exceptions.
Notwithstanding the foregoing, as to any subcontractor, an Assessment of
Compliance and Attestation Report is not required to be delivered unless it
is
required as part of a Form 10-K with respect to the Trust Fund.
The
Custodians shall deliver to the Master Servicer, the Securities Administrator
and the Depositor an Assessment of Compliance and Attestation Report, as and
when provided above, which shall at a minimum address each of the Servicing
Criteria specified on Exhibit M hereto which are indicated as applicable to
a
“custodian”. Notwithstanding the foregoing, an Assessment of
Compliance or Attestation Report is not required to be delivered by any
Custodian unless it is required as part of a Form 10-K with respect to the
Trust
Fund.
Failure
of the Master Servicer to comply with this Section 3.17 (including with respect
to the timeframes required herein) shall, upon written notice from the Trustee
at the written direction of the Depositor, constitute an Event of Default,
and
at the written direction of the Depositor the Trustee shall, in addition to
whatever rights the Trustee may have under this Agreement and at law or equity
or to damages, including injunctive relief and specific performance, upon notice
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
without compensating the Master Servicer for the same (but subject to the Master
Servicer’s rights to payment of any Master Servicing compensation and
reimbursement of all amounts for which it is entitled to be reimbursed prior
to
the date of termination). Failure of the Securities Administrator to
comply with this Section 3.17 (including with respect to the timeframes required
in this Section) which failure results in a failure to timely file the related
Form 10-K, shall, upon written notice from the Trustee at the written direction
of the Depositor, constitute a default and the Trustee shall, in addition to
whatever rights the Trustee may have under this Agreement and at law or equity
or to damages, including injunctive relief and specific performance, upon notice
immediately terminate all of the rights and obligations of the Securities
Administrator under this Agreement and in and to the Mortgage Loans and the
proceeds thereof without compensating the Securities Administrator for the
same
(but subject to the Securities Administrator’s right to reimbursement of all
amounts for which it is entitled to be reimbursed prior to the date of
termination). This paragraph shall supersede any other provision in
this Agreement or any other agreement to the contrary.
Section
3.18 Reports
Filed with Securities and Exchange Commission.
(a) (i)
(A) Within 15 days after each Distribution Date, the Securities Administrator
shall, in accordance with industry standards, prepare and file with the
Commission via the Electronic Data Gathering and Retrieval System (“XXXXX”), a
Distribution Report on Form 10-D, signed by the Master Servicer, with a copy
of
the Monthly Statement to be furnished by the Securities Administrator to the
Certificateholders for such Distribution Date; provided that, the Securities
Administrator shall have received no later than five (5) calendar days after
the
related Distribution Date, all information required to be provided to the
Securities Administrator as described in clause (a)(iv) below. Any
disclosure that is in addition to the Monthly Statement and that is required
to
be included on Form 10-D (“Additional Form 10-D Disclosure”) shall be, pursuant
to the paragraph immediately below, reported by the parties set forth on Exhibit
N to the Securities Administrator and the Depositor and approved for inclusion
by the Depositor, and the Securities Administrator will have no duty or
liability for any failure hereunder to determine or prepare any Additional
Form
10-D Disclosure absent such reporting (other than in the case where the
Securities Administrator is the reporting party as set forth in Exhibit N)
and
approval.
(B)
Within five (5) calendar days after the related Distribution Date, (i) the
parties set forth in Exhibit N shall be required to provide, and the Master
Servicer shall enforce the obligations of each Servicer (to the extent provided
in the related Servicing Agreement) to provide, pursuant to Section 3.18(a)(iv)
below, to the Securities Administrator and the Depositor, to the extent known
by
a responsible officer thereof, in XXXXX-compatible format, or in such other
form
as otherwise agreed upon by the Securities Administrator and the Depositor
and
such party, the form and substance of any Additional Form 10-D Disclosure,
if
applicable, and (ii) the Depositor will approve, as to form and substance,
or
disapprove, as the case may be, the inclusion of the Additional Form 10-D
Disclosure on Form 10-D. Subject to the foregoing, the Securities Administrator
has no duty under this Agreement to monitor or enforce the performance by the
other parties listed on Exhibit O of their duties under this paragraph or to
proactively solicit or procure from such parties any Additional Form 10-D
Disclosure information. The Depositor shall be responsible for any reasonable
fees and expenses assessed or incurred by the Securities Administrator in
connection with including any Additional Form 10-D Disclosure on Form 10-D
pursuant to this Section.
(C)
After
preparing the Form 10-D, the Securities Administrator shall forward
electronically a copy of the Form 10-D to the Depositor (in the case of any
Additional 10-D Disclosure and otherwise if requested by the Depositor) and
the
Master Servicer for review. Within two Business Days after receipt of
such copy, but no later than the 12th calendar day after the Distribution Date
(provided that, the Securities Administrator forwards a copy of the Form 10-D
no
later than the 10th calendar after the Distribution Date), the Depositor shall
notify the Securities Administrator in writing (which may be furnished
electronically) of any changes to or approval of such Form 10-D. In
the absence of receipt of any written changes or approval, the Securities
Administrator shall be entitled to assume that such Form 10-D is in final form
and the Securities Administrator may proceed with obtaining the execution of
and
filing the Form 10-D. No later than the 13th calendar day after the
related Distribution Date, a duly authorized officer of the Master Servicer
shall sign the Form 10-D and return an electronic or fax copy of such signed
Form 10-D (with an original executed hard copy to follow by overnight mail)
to
the Securities Administrator. If a Form 10-D cannot be filed on time
or if a previously filed Form 10-D needs to be amended, the Securities
Administrator shall follow the procedures set forth in Section 3.18(a)(v)(B).
Promptly (but no later than one (1) Business Day) after filing with the
Commission, the Securities Administrator shall make available on its internet
website identified in Section 6.04 a final executed copy of each Form 10-D
filed
by the Securities Administrator. The signing party for the Master
Servicer can be contacted as set forth in Section 12.07. Form 10-D requires
the
registrant to indicate (by checking “yes” or “no”) that it (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. The Depositor shall notify the Securities
Administrator in writing, no later than the fifth calendar day after the related
Distribution Date with respect to the filing of a report on Form 10-D, if the
answer to the questions should be “no”. The Securities Administrator
shall be entitled to rely on the representations in Section 2.06(vii) and in
any
such notice in preparing, executing and/or filing any such
report. The parties to this Agreement acknowledge that the
performance by the Master Servicer and the Securities Administrator of their
respective duties under Sections 3.18(a)(i) and (v) related to the timely
preparation, execution and filing of Form 10-D is contingent upon such parties
strictly observing all applicable deadlines in the performance of their duties
under such Sections. Neither the Master Servicer nor the Securities
Administrator shall have any liability for any loss, expense, damage, claim
arising out of or with respect to any failure to properly prepare, execute
and/or timely file such Form 10-D, where such failure results from a party’s
failure to deliver, on a timely basis, any information from such party needed
to
prepare, arrange for execution or file such Form 10-D, not resulting from its
own negligence, bad faith or willful misconduct.
(ii)
(A)
Within four (4) Business Days after the occurrence of an event requiring
disclosure on Form 8-K (each such event, a “Reportable Event”), the Securities
Administrator shall prepare and file, at the direction of the Depositor, on
behalf of the Trust, any Form 8-K, as required by the Exchange Act; provided
that, the Depositor shall file the initial Form 8-K in connection with the
issuance of the Certificates. Any disclosure or information related
to a Reportable Event or that is otherwise required to be included on Form
8-K
(“Form 8-K Disclosure Information”) shall be, pursuant to the paragraph
immediately below, reported by the parties set forth on Exhibit N to the
Securities Administrator and the Depositor and approved for inclusion by the
Depositor, and the Securities Administrator will have no duty or liability
for
any failure hereunder to determine or prepare any Form 8-K Disclosure
Information absent such reporting (other than in the case where the Securities
Administrator is the reporting party as set forth in Exhibit N) and
approval.
(B)
For
so long as the Trust is subject to the Exchange Act reporting requirements,
no
later than the close of business on the 2nd Business Day after the occurrence
of
a Reportable Event (i) the parties set forth in Exhibit N shall be required
pursuant to Section 3.18(a)(iv) below to provide, and the Master Servicer will
enforce the obligations of each Servicer (to the extent provided in the related
Servicing Agreement) to provide, to the Securities Administrator and
the Depositor, to the extent known by a responsible officer thereof, in
XXXXX-compatible format, or in such other form as otherwise agreed upon by
the
Securities Administrator and the Depositor and such party, the form and
substance of any Form 8-K Disclosure Information, if applicable, and (ii) the
Depositor shall approve, as to form and substance, or disapprove, as the case
may be, the inclusion of the Form 8-K Disclosure Information on Form 8-K. The
Depositor shall be responsible for any reasonable fees and expenses assessed
or
incurred by the Securities Administrator in connection with including any Form
8-K Disclosure Information on Form 8-K pursuant to this Section.
(C)
After
preparing the Form 8-K, the Securities Administrator shall forward
electronically a copy of the Form 8-K to the Depositor and the Master Servicer
for review. No later than the close of business New York City time on
the 3rd Business Day after the Reportable Event, a duly authorized officer
of
the Master Servicer shall sign the Form 8-K and return an electronic or fax
copy
of such signed Form 8-K (with an original executed hard copy to follow by
overnight mail) to the Securities Administrator. Promptly, but no
later than the close of business on the 3rd Business Day after the Reportable
Event (provided that, the Securities Administrator forwards a copy of the Form
8-K no later than noon New York time on the third Business Day after the
Reportable Event), the Depositor shall notify the Securities Administrator
in
writing (which may be furnished electronically) of any changes to or approval
of
such Form 8-K. In the absence of receipt of any written changes or
approval, the Securities Administrator shall be entitled to assume that such
Form 8-K is in final form and the Securities Administrator may proceed with
obtaining the execution of and filing the Form 8-K. If a Form 8-K
cannot be filed on time or if a previously filed Form 8-K needs to be amended,
the Securities Administrator shall follow the procedures set forth in Section
3.18(a)(v)(B). Promptly (but no later than one (1) Business Day)
after filing with the Commission, the Securities Administrator shall, make
available on its internet website a final executed copy of each Form 8-K filed
by the Securities Administrator. The signing party at the Master
Servicer can be contacted as set forth in Section 12.07. The parties
to this Agreement acknowledge that the performance by Master Servicer and the
Securities Administrator of their respective duties under this Section
3.18(a)(ii) related to the timely preparation, execution and filing of Form
8-K
is contingent upon such parties strictly observing all applicable deadlines
in
the performance of their duties under this Section
3.18(a)(ii). Neither the Master Servicer nor the Securities
Administrator shall have any liability for any loss, expense, damage, claim
arising out of or with respect to any failure to properly prepare, execute
and/or timely file such Form 8-K, where such failure results from a party’s
failure to deliver on a timely basis, any information from such party hereto
needed to prepare, arrange for execution or file such Form 8-K, not resulting
from its own negligence, bad faith or willful misconduct.
(iii)
(A)
Within 90 days after the end of each fiscal year of the Trust or such earlier
date as may be required by the Exchange Act (the “10-K Filing Deadline”) (it
being understood that the fiscal year for the Trust ends on December 31st of
each year), commencing in March 2008, the Securities Administrator shall prepare
and file on behalf of the Trust a Form 10-K, in form and substance as required
by the Exchange Act. Each such Form 10-K shall include the following
items, in each case to the extent they have been delivered to the Securities
Administrator within the applicable timeframes set forth in this Agreement,
(I)
an annual compliance statement for each Servicer, the Master Servicer, the
Securities Administrator and any subservicer or subcontractor, as applicable,
as
described under Section 3.16, (II)(A) the annual reports on assessment of
compliance with Servicing Criteria for the Master Servicer, each Servicer,
each
subservicer and subcontractor participating in the servicing function, the
Securities Administrator and the Custodians, as described under Section 3.17,
and (B) if any such report on assessment of compliance with Servicing Criteria
described under Section 3.17 identifies any material instance of noncompliance,
disclosure identifying such instance of noncompliance, or if any such report
on
assessment of compliance with Servicing Criteria described under Section 3.17
is
not included as an exhibit to such Form 10-K, disclosure that such report is
not
included and an explanation why such report is not included, (III)(A) the
registered public accounting firm attestation report for the Master Servicer,
each Servicer, the Securities Administrator, each subservicer, each
subcontractor, as applicable, and the Custodians, as described under Section
3.17, and (B) if any registered public accounting firm attestation report
described under Section 3.17 identifies any material instance of noncompliance,
disclosure identifying such instance of noncompliance, or if any such registered
public accounting firm attestation report is not included as an exhibit to
such
Form 10-K, disclosure that such report is not included and an explanation why
such report is not included, and (IV) a Xxxxxxxx-Xxxxx Certification as
described in Section 3.18 (a)(iii)(D) below (provided, however, that the
Securities Administrator, at its discretion, may omit from the Form 10-K any
annual compliance statement, assessment of compliance or attestation report
that
is not required to be filed with such Form 10-K pursuant to Regulation AB).
Any
disclosure or information in addition to (I) through (IV) above that is required
to be included on Form 10-K (“Additional Form 10-K Disclosure”) shall be,
pursuant to the paragraph immediately below, reported by the parties set forth
on Exhibit N to the Securities Administrator and the Depositor and approved
for
inclusion by the Depositor, and the Securities Administrator will have no duty
or liability for any failure hereunder to determine or prepare any Additional
Form 10-K Disclosure absent such reporting (other than in the case where the
Securities Administrator is the reporting party as set forth in Exhibit N)
and
approval.
(B)
No
later than March 15th of each year that the Trust is subject to the Exchange
Act
reporting requirements, commencing in 2007, (i) the parties set forth in Exhibit
N shall be required to provide, and the Master Servicer shall enforce the
obligations of each Servicer (to the extent provided in the related Servicing
Agreement) to provide, pursuant to Section 3.18(a)(iv) below to the Securities
Administrator and the Depositor, to the extent known by a responsible officer
thereof, in XXXXX-compatible format, or in such other form as otherwise agreed
upon by the Securities Administrator and the Depositor and such party, the
form
and substance of any Additional Form 10-K Disclosure, if applicable, and (ii)
the Depositor will approve, as to form and substance, or disapprove, as the
case
may be, the inclusion of the Additional Form 10-K Disclosure on Form
10-K. The Depositor shall be responsible for any reasonable fees and
expenses assessed or incurred by the Securities Administrator in connection
with
including any Additional Form 10-K Disclosure on Form 10-K pursuant to this
Section.
(C)
After
preparing the Form 10-K, the Securities Administrator shall forward
electronically a copy of the Form 10-K to the Depositor (only in the case where
such Form 10-K includes Additional Form 10-K Disclosure and otherwise if
requested by the Depositor) and the Master Servicer for
review. Within three Business Days after receipt of such copy, but no
later than March 25th (provided that, the Securities Administrator forwards
a
copy of the Form 10-K no later than the third Business Day prior to March 25th),
the Depositor shall notify the Securities Administrator in writing (which may
be
furnished electronically) of any changes to or approval of such Form
10-K. In the absence of receipt of any written changes or approval,
the Securities Administrator shall be entitled to assume that such Form 10-K
is
in final form and the Securities Administrator may proceed with obtaining the
execution of and filing the Form 10-K. No later than the close of
business Eastern Standard time on the 4th Business Day prior to the 10-K Filing
Deadline, an officer of the Master Servicer in charge of the master servicing
function shall sign the Form 10-K and return an electronic or fax copy of such
signed Form 10-K (with an original executed hard copy to follow by overnight
mail) to the Securities Administrator. If a Form 10-K cannot be filed
on time or if a previously filed Form 10-K needs to be amended, the Securities
Administrator will follow the procedures set forth in Section
3.18(a)(v)(B). Promptly (but no later than one (1) Business Day)
after filing with the Commission, the Securities Administrator shall make
available on its internet website a final executed copy of each Form 10-K filed
by the Securities Administrator. The signing party for the Master
Servicer can be contacted as set forth in Section 12.07. Form 10-K
requires the registrant to indicate (by checking “yes” or “no”) that it (1) has
filed all reports required to be filed by Section 13 or 15(d) of the Exchange
Act during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such
filing requirements for the past 90 days. The Depositor shall notify
the Securities Administrator in writing, no later than March 15th of each
year in
which the Trust is subject to the requirements of the Exchange Act with respect
to the filing of a report on Form 10-K, if the answer to the questions should
be
“no”. The Securities Administrator shall be entitled to rely on the
representations in Section 2.06(vii) and in any such notice in preparing,
executing and/or filing any such report. The parties to this Agreement
acknowledge that the performance by the Master Servicer and the Securities
Administrator of their respective duties under Sections 3.18(a)(iv) and (v)
related to the timely preparation, execution and filing of Form 10-K is
contingent upon such parties strictly observing all applicable deadlines in
the
performance of their duties under such Sections and Sections 3.16 and Section
3.17. Neither the Master Servicer nor the Securities Administrator
shall have any liability for any loss, expense, damage, claim arising out of
or
with respect to any failure to properly prepare, execute and/or timely file
such
Form 10-K, where such failure results from the Master Servicer’s or the
Securities Administrator’s inability or failure to receive, on a timely basis,
any information from any other party hereto needed to prepare, arrange for
execution or file such Form 10-K, not resulting from its own negligence, bad
faith or willful misconduct.
(D)
Each
Form 10-K shall include a certification (the “Xxxxxxxx-Xxxxx Certification”)
required to be included therewith pursuant to the Xxxxxxxx-Xxxxx Act which
shall
be signed by the Certifying Person and delivered to the Securities Administrator
no later than March 15th of each year in which the Trust is subject to the
reporting requirements of the Exchange Act. The Master Servicer shall
cause any Servicer, and any subservicer or subcontractor engaged by it to
provide to the Person who signs the Xxxxxxxx-Xxxxx Certification (the
“Certifying Person”), by March 10th of each year in which the Trust is subject
to the reporting requirements of the Exchange Act (or such other date specified
in the related Servicing Agreement) and otherwise within a reasonable period
of
time upon request, a certification (each, a “Back-Up Certification”), in the
form attached hereto as Exhibit L, upon which the Certifying Person, the entity
for which the Certifying Person acts as an officer, and such entity’s officers,
directors and Affiliates (collectively with the Certifying Person,
“Certification Parties”) can reasonably rely. In addition, the
Securities Administrator shall sign a Back-Up Certification substantially in
the
form of Exhibit L; provided, however, that the Securities Administrator shall
not be required to undertake an analysis of any accountant’s report attached as
an exhibit to the Form 10-K. An officer of the Master Servicer in
charge of the master servicing function shall serve as the Certifying Person
on
behalf of the Trust. Such officer of the Certifying Person can be
contacted as set forth in Section 12.07.
(iv)
With
respect to any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure
or any Form 8-K Disclosure Information (collectively, the “Additional
Disclosure”) relating to the Trust Fund, the Securities Administrator’s
obligation to include such Additional Information in the applicable Exchange
Act
Report is subject to receipt from the entity that is indicated in Exhibit N
as
the responsible party for providing that information, if other than the
Securities Administrator, as and when required as described in Section
3.18(a)(i) through (iii) above. Such Additional Disclosure shall be
accompanied by a notice substantially in the form of Exhibit O. Each
of the Master Servicer, the Seller, the Securities Administrator and the
Depositor hereby agrees to notify and provide, and the Master Servicer agrees
to
enforce the obligations (to the extent provided in the related Servicing
Agreement) of each Servicer to notify and provide, to the extent known to the
Master Servicer, the Seller, the Securities Administrator and the Depositor
all
Additional Disclosure relating to the Trust Fund, with respect to which such
party is indicated in Exhibit N as the responsible party for providing that
information. The Depositor shall be responsible for any reasonable
fees and expenses assessed or incurred by the Securities Administrator in
connection with including any Additional Disclosure information pursuant to
this
Section.
So
long
as the Depositor is subject to the filing requirements of the Exchange Act
with
respect to the Trust Fund, the Trustee shall notify the Securities Administrator
and the Depositor of any bankruptcy or receivership with respect to the Trustee
or of any proceedings of the type described under Item 1117 of Regulation AB
that have occurred as of the related Due Period, together with a description
thereof, no later than the date on which such information is required of other
parties hereto as set forth under this Section 3.18. In addition, the
Trustee shall notify the Securities Administrator and the Depositor of any
affiliations or relationships that develop after the Closing Date between the
Trustee and the Depositor, the Seller, the Securities Administrator, the Master
Servicer or the Custodians of the type described under Item 1119 of Regulation
AB, together with a description thereof, no later than March 15 of each year
that the Trust is subject to the Exchange Act reporting requirements, commencing
in 2008. Should the identification of any of the Depositor, the Seller, the
Securities Administrator, the Master Servicer or the Custodians change, the
Depositor shall promptly notify the Trustee in writing.
(v)
(A)
On or prior to January 30th of the first year in which the Securities
Administrator is able to do so under applicable law, the Securities
Administrator shall prepare and file a Form 15 relating to the automatic
suspension of reporting in respect of the Trust under the Exchange
Act.
(B)
In
the event that the Securities Administrator is unable to timely file with the
Commission all or any required portion of any Form 8-K, 10-D or 10-K required
to
be filed by this Agreement because required disclosure information was either
not delivered to it or delivered to it after the delivery deadlines set forth
in
this Agreement or for any other reason, the Securities Administrator shall
promptly notify the Depositor and the Master Servicer. In the case of
Form 10-D and 10-K, the Depositor, the Master Servicer and the Securities
Administrator shall cooperate to prepare and file a Form 12b-25 and a 10-DA
and
10-KA as applicable, pursuant to Rule 12b-25 of the Exchange Act. In
the case of Form 8-K, the Securities Administrator will, upon receipt of all
required Form 8-K Disclosure Information and upon the approval and direction
of
the Depositor, include such disclosure information on the next Form
10-D. In the event that any previously filed Form 8-K, 10-D or 10-K
needs to be amended, and such amendment relates to any Additional Disclosure,
the Securities Administrator shall notify the Depositor and the parties affected
thereby and such parties will cooperate to prepare any necessary Form 8-K/A,
10-DA or 10-KA. Any Form 15, Form 12b-25 or any amendment to Form
8-K, 10-D or 10-K shall be signed by an appropriate officer of the Master
Servicer. The parties hereto acknowledge that the performance by the
Master Servicer and the Securities Administrator of their respective duties
under this Section 3.18(a)(v) related to the timely preparation, execution
and
filing of Form 15, a Form 12b-25 or any amendment to Form 8-K, 10-D or 10-K
is
contingent upon the Master Servicer and the Depositor timely performing their
duties under this Section. Neither the Master Servicer nor the
Securities Administrator shall have any liability for any loss, expense, damage
or claim arising out of or with respect to any failure to properly prepare,
execute and/or timely file any such Form 15, Form 12b-25 or any amendments
to
Form 8-K, 10-D or 10-K, where such failure results from a party’s failure to
deliver on a timely basis, any information from such party needed to prepare,
arrange for execution or file such Form 15, Form 12b-25 or any amendments to
Form 8-K, 10-D or 10-K, not resulting from its own negligence, bad faith or
willful misconduct.
The
Depositor agrees to promptly furnish to the Securities Administrator, from
time
to time upon request, such further information, reports and financial statements
within its control related to this Agreement, the Mortgage Loans as the
Securities Administrator reasonably deems appropriate to prepare and file all
necessary reports with the Commission. The Securities Administrator shall have
no responsibility to file any items other than those specified in this Section
3.18; provided, however, the Securities Administrator shall cooperate with
the
Depositor in connection with any additional filings with respect to the Trust
Fund as the Depositor deems necessary under the Exchange Act. Fees
and expenses incurred by the Securities Administrator in connection with this
Section 3.18 shall not be reimbursable from the Trust Fund.
(b) The
Securities Administrator shall indemnify and hold harmless the Depositor and
the
Master Servicer and each of its officers, directors and affiliates from and
against any losses, damages, penalties, fines, forfeitures, reasonable and
necessary legal fees and related costs, judgments and other costs and expenses
arising out of or based upon a breach of the Securities Administrator’s
obligations under Sections 3.16, 3.17 and 3.18 or the Securities Administrator’s
negligence, bad faith or willful misconduct in connection therewith. In
addition, the Securities Administrator shall indemnify and hold harmless the
Depositor and the Master Servicer and each of their respective officers,
directors and affiliates from and against any losses, damages, penalties, fines,
forfeitures, reasonable and necessary legal fees and related costs, judgments
and other costs and expenses arising out of or based upon (i) any untrue
statement or alleged untrue statement of any material fact contained in any
Back-Up Certification, any Annual Statement of Compliance, any Assessment of
Compliance or any Additional Disclosure provided by the Securities Administrator
on its behalf or on behalf of any subservicer or subcontractor engaged by the
Securities Administrator pursuant to Section 3.16, 3.17 or 3.18 (the “Securities
Administrator Information”), or (ii) any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make
the
statements therein, in light of the circumstances in which they were made,
not
misleading; provided, by way of clarification, that this paragraph shall be
construed solely by reference to the Securities Administrator Information and
not to any other information communicated in connection with the Certificates,
without regard to whether the Securities Administrator Information or any
portion thereof is presented together with or separately from such other
information.
The
Depositor shall indemnify and hold harmless the Securities Administrator and
the
Master Servicer and each of its officers, directors and affiliates from and
against any losses, damages, penalties, fines, forfeitures, reasonable and
necessary legal fees and related costs, judgments and other costs and expenses
arising out of or based upon a breach of the obligations of the Depositor under
Sections 3.16, 3.17 and 3.18 or the Depositor’s negligence, bad faith or willful
misconduct in connection therewith. In addition, the Depositor shall indemnify
and hold harmless the Master Servicer, the Securities Administrator and each
of
their respective officers, directors and affiliates from and against any losses,
damages, penalties, fines, forfeitures, reasonable and necessary legal fees
and
related costs, judgments and other costs and expenses arising out of or based
upon (i) any untrue statement or alleged untrue statement of any material fact
contained in any Additional Disclosure provided by the Depositor that is
required to be filed pursuant to this Section 3.18 (the “Depositor
Information”), or (ii) any omission or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances in which they were made, not misleading;
provided, by way of clarification, that this paragraph shall be construed solely
by reference to the Depositor Information that is required to be filed and
not
to any other information communicated in connection with the Certificates,
without regard to whether the Depositor Information or any portion thereof
is
presented together with or separately from such other information.
The
Master Servicer shall indemnify and hold harmless the Securities Administrator
and the Depositor and each of its respective officers, directors and affiliates
from and against any losses, damages, penalties, fines, forfeitures, reasonable
and necessary legal fees and related costs, judgments and other costs and
expenses arising out of or based upon a breach of the obligations of the Master
Servicer under Sections 3.16, 3.17 and 3.18 or the Master Servicer’s negligence,
bad faith or willful misconduct in connection therewith. In addition,
the Master Servicer shall indemnify and hold harmless the Depositor and each
of
its officers, directors and affiliates from and against any losses, damages,
penalties, fines, forfeitures, reasonable and necessary legal fees and related
costs, judgments and other costs and expenses arising out of or based upon
(i)
any untrue statement or alleged untrue statement of any material fact contained
in any Annual Statement of Compliance, any Assessment of Compliance or any
Additional Disclosure provided by the Master Servicer on its behalf or on behalf
of any subservicer or subcontractor engaged by the Master Servicer pursuant
to
Section 3.16, 3.17 or 3.18 (the “Master Servicer Information”), or (ii) any
omission or alleged omission to state therein a material fact required to be
stated therein or necessary to make the statements therein, in light of the
circumstances in which they were made, not misleading; provided, by way of
clarification, that this paragraph shall be construed solely by reference to
the
Master Servicer Information and not to any other information communicated in
connection with the Certificates, without regard to whether the Master Servicer
Information or any portion thereof is presented together with or separately
from
such other information.
If
the
indemnification provided for herein is unavailable or insufficient to hold
harmless the Depositor, the Securities Administrator or the Master Servicer,
as
applicable, then the defaulting party, in connection with any conduct for which
it is providing indemnification under this Section 3.18(c), agrees that it
shall
contribute to the amount paid or payable by the other parties as a result of
the
losses, claims, damages or liabilities of the other party in such proportion
as
is appropriate to reflect the relative fault and the relative benefit of the
respective parties.
The
indemnification provisions set forth in this Section 3.18(c) shall survive
the
termination of this Agreement or the termination of any party to this
Agreement.
(c) Failure
of the Master Servicer to comply with this Section 3.18 (including with respect
to the timeframes required herein) shall, upon written notice from the Trustee
at the written direction of the Depositor, constitute an Event of Default,
and
the Trustee shall, in addition to whatever rights the Trustee may have under
this Agreement and at law or equity or to damages, including injunctive relief
and specific performance, upon notice 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 without compensating the Master Servicer
for the same (but subject to the Master Servicer’s rights to payment of any
Master Servicing compensation and reimbursement of all amounts for which it
is
entitled to be reimbursed prior to the date of termination). Failure
of the Securities Administrator to comply with this Section 3.18 (including
with
respect to the timeframes required in this Section) which failure results in
a
failure to timely file the related Form 10-K, shall, upon written notice from
the Trustee at the written direction of the Depositor, constitute a default
and
the Trustee at the written direction of the Depositor shall, in addition to
whatever rights the Trustee may have under this Agreement and at law or equity
or to damages, including injunctive relief and specific performance, upon notice
immediately terminate all of the rights and obligations of the Securities
Administrator under this Agreement and in and to the Mortgage Loans and the
proceeds thereof without compensating the Securities Administrator for the
same
(but subject to the Securities Administrator’s right to reimbursement of all
amounts for which it is entitled to be reimbursed prior to the date of
termination). This paragraph shall supersede any other provision in
this Agreement or any other agreement to the contrary. In connection with the
termination of the Master Servicer or the Securities Administrator pursuant
to
this Section 3.18(d), the Trustee shall be entitled to reimbursement of all
costs and expenses associated with such termination to the extent set forth
in
Section 9.05. Notwithstanding anything to the contrary in this
Agreement, no Event of Default by the Master Servicer or default by the
Securities Administrator shall have occurred with respect to any failure to
properly prepare, execute and/or timely file any report on Form 8-K, Form 10-D
or Form 10-K, any Form 15 or Form 12b-25 or any amendments to Form 8-K, 10-D
or
10-K, where such failure results from the Master Servicer’s or the Securities
Administrator’s inability or failure to receive, on a timely basis, any
information from any other party hereto needed to prepare, arrange for execution
or file any such report, Form or amendment, and does not result from its own
negligence, bad faith or willful misconduct.
(e) Notwithstanding
the provisions of Section 12.02, this Section 3.18 may be amended without the
consent of the Certificateholders.
(f) Any
report, notice or notification to be delivered by the Master Servicer or the
Securities Administrator to the Depositor pursuant to this Section 3.18, may
be
delivered via email to XxxXXXxxxxxxxxxxxx@xxxx.xxx or, in the case of a
notification, telephonically by calling Reg AB Compliance Manager at
000-000-0000.
Section
3.19 UCC.
The
Depositor shall file any financing statements or amendments thereto required
by
any change in the Uniform Commercial Code.
Section
3.20 Optional
Purchase of Defaulted Mortgage Loans.
(a) With
respect to any Mortgage Loan which as of the first day of a Fiscal Quarter
is
Delinquent in payment by 90 days or more or is an REO Property, the Seller
shall
have the right to purchase such Mortgage Loan from the Trust at a price equal
to
the Purchase Price; provided however (i) that such Mortgage Loan is still 90
days or more Delinquent or is an REO Property as of the date of such purchase
and (ii) this purchase option, if not theretofore exercised, shall terminate
on
the date prior to the last day of the related Fiscal Quarter. This
purchase option, if not exercised, shall not be thereafter reinstated unless
the
delinquency is cured and the Mortgage Loan thereafter again becomes 90 days
or
more Delinquent or becomes an REO Property, in which case the option shall
again
become exercisable as of the first day of the related Fiscal Quarter. This
right
may be assigned by the Seller to a third party, including a holder of a Class
of
Certificates.
(b) In
addition, EMC shall, at its option, purchase any Mortgage Loan from the
Trust for which the first Scheduled Payment due to the Trust after the
Closing Date becomes thirty (30) days past due; provided however, such
Mortgage Loan was purchased by EMC or one of its affiliates from a seller
pursuant to a loan purchase agreement that obligated such seller to repurchase
such Mortgage Loan if one or more Scheduled Payments becomes 30 or more days
delinquent (and such seller has agreed to repurchase such Mortgage
Loan); provided, further, that such optional purchase shall be exercised no
later than the 270th day after such Mortgage Loan is subject to such
seller's repurchase obligation. Such purchase shall be made at a price equal
to
the Purchase Price.
(c) If
at any
time EMC remits to the Master Servicer a payment for deposit in the Master
Servicer Collection Account covering the amount of the Purchase Price for any
Mortgage Loan purchased pursuant to clause (a), and EMC provides to the Trustee
a certification signed by a Servicing Officer stating that the amount of such
payment has been deposited in the Master Servicer Collection Account, then
the
Trustee shall execute the assignment of such Mortgage Loan prepared and
delivered to the Trustee, at the request of EMC, without recourse,
representation or warranty, to EMC which shall succeed to all of 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. EMC 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.
Section
3.21 Intention
of the Parties and Interpretation.
Each
of
the parties acknowledges and agrees that the purpose of Sections 3.16, 3.17
and
3.18 of this Agreement is to facilitate compliance by the Seller, the Depositor,
the Securities Administrator and the Master Servicer with the provisions
of
Regulation AB. Therefore, each of the parties agrees that (a) the
obligations of the parties hereunder shall be interpreted in such a manner
as to
accomplish that purpose, (b) the parties’ obligations hereunder will be
supplemented and modified as necessary to be consistent with any such
amendments, interpretive advice or guidance provided by the Commission in
respect of the requirements of Regulation AB, (c) the parties shall comply
with
reasonable requests made by the Seller, the Depositor, the Master Servicer
or
the Securities Administrator for delivery of additional or different information
as the Seller, the Depositor, the Master Servicer or the Securities
Administrator may determine in good faith is necessary to comply with the
provisions of Regulation AB, and (d) no amendment of this Agreement shall
be
required to effect any such changes in the obligations of the parties to
this
transaction as are necessary to accommodate evolving interpretations of the
provisions of Regulation AB.
ARTICLE
IV
ACCOUNTS
Section
4.01 Protected
Accounts.
(a) The
Master Servicer shall enforce the obligation of each Servicer to establish
and
maintain a Protected Account in accordance with the applicable Servicing
Agreement, with records to be kept with respect thereto on a Mortgage Loan
by
Mortgage Loan basis, into which accounts shall be deposited within 48 hours
(or
as of such other time specified in the related Servicing Agreement) of receipt,
all collections of principal and interest on any Mortgage Loan and any REO
Property received by a Servicer, including Principal Prepayments, Insurance
Proceeds, Liquidation Proceeds, and advances made from the Servicer’s own funds
(less servicing compensation as permitted by the applicable Servicing Agreement
in the case of any Servicer) and all other amounts to be deposited in the
Protected Account. The Servicer is hereby authorized to make withdrawals from
and deposits to the related Protected Account for purposes required or permitted
by this Agreement and the related Servicing Agreement. To the extent provided
in
the related Servicing Agreement, the Protected Account shall be held by a
Designated Depository Institution and segregated on the books of such
institution in the name of the Trustee for the benefit of
Certificateholders.
(b) To
the
extent provided in the related Servicing Agreement, amounts on deposit in a
Protected Account may be invested in Permitted Investments in the name of the
Trustee for the benefit of Certificateholders and, except as provided in the
preceding paragraph, not commingled with any other funds. Such
Permitted Investments shall mature, or shall be subject to redemption or
withdrawal, no later than the date on which such funds are required to be
withdrawn for deposit in the Distribution Account, and shall be held until
required for such deposit. The income earned from Permitted Investments made
pursuant to this Section 4.01 shall be paid to the related Servicer under the
applicable Servicing Agreement, and the risk of loss of moneys required to
be
distributed to the Certificateholders resulting from such investments shall
be
borne by and be the risk of the related Servicer. The related Servicer (to
the
extent provided in the Servicing Agreement) shall deposit the amount of any
such
loss in the Protected Account within two Business Days of receipt of
notification of such loss but not later than the second Business Day prior
to
the Distribution Date on which the moneys so invested are required to be
distributed to the Certificateholders.
(c) To
the
extent provided in the related Servicing Agreement and subject to this Article
IV, on or before each Servicer Remittance Date, the related Servicer shall
withdraw or shall cause to be withdrawn from its Protected Accounts and shall
immediately deposit or cause to be deposited in the Master Servicer Collection
Account amounts representing the following collections and payments (other
than
with respect to principal of or interest on the Mortgage Loans due on or before
the Cut-off Date) with respect to each Loan Group:
(i) Scheduled
Payments on the Mortgage Loans received or any related portion thereof advanced
by such Servicer pursuant to its Servicing Agreement which were due on or before
the related Due Date, net of the amount thereof comprising its Servicing Fee
or
any fees with respect to any lender-paid primary mortgage insurance
policy;
(ii) Full
Principal Prepayments and any Liquidation Proceeds received by such Servicer
with respect to the Mortgage Loans in the related Prepayment Period, with
interest to the date of prepayment or liquidation, net of the amount thereof
comprising its Servicing Fee;
(iii) Partial
Principal Prepayments received by such Servicer for the Mortgage Loans in the
related Prepayment Period; and
(iv) Any
amount to be used as a Monthly Advance or any Compensating Interest
Payments.
(d) Withdrawals
may be made from an Account only to make remittances or reimbursements as
provided in Section 4.01(c), 4.03, 4.04 and 4.05; to reimburse the Master
Servicer or a Servicer for Monthly Advances which have been recovered by
subsequent collections from the related Mortgagor; to remove amounts deposited
in error; to remove fees, charges or other such amounts deposited on a temporary
basis; or to clear and terminate the account at the termination of this
Agreement in accordance with Section 10.01. As provided in Sections 4.01(a)
and
4.03 certain amounts otherwise due to the Servicers may be retained by them
and
need not be deposited in the Master Servicer Collection Account.
Section
4.02 Master
Servicer Collection Account.
The
Master Servicer shall establish and maintain in the name of the Trustee, for
the
benefit of the Holders of the Certificates, the Master Servicer Collection
Account as a segregated trust account or accounts. The Master Servicer
Collection Account shall be an Eligible Account. The Master Servicer will
deposit in the Master Servicer Collection Account as identified by the Master
Servicer and as received by the Master Servicer, the following
amounts:
(i) any
amounts withdrawn from a Protected Account;
(ii) any
Advance and any Compensating Interest Payments;
(iii) any
Insurance Proceeds, Liquidation Proceeds or Subsequent Recoveries received
by or
on behalf of the Master Servicer which were not deposited in a Protected
Account;
(iv) The
Purchase Price with respect to any Mortgage Loans purchased by EMC (on its
behalf and on behalf of Master Funding) pursuant to the Mortgage Loan Purchase
Agreement or Sections 2.02 or 2.03 hereof, any amounts which are to be treated
pursuant to Section 2.04 of this Agreement as the payment of a Purchase Price
in
connection with the tender of a Substitute Mortgage Loan by EMC (on its behalf
and on behalf of Master Funding), the Purchase Price with respect to any
Mortgage Loans purchased by EMC pursuant to Section 3.20, and all proceeds
of
any Mortgage Loans or property acquired with respect thereto repurchased by
the
Depositor or its designee pursuant to Section 10.01;
(v) any
amounts required to be deposited with respect to losses on investments of
deposits in an Account; and
(vi) any
other
amounts received by or on behalf of the Master Servicer or the Trustee and
required to be deposited in the Master Servicer Collection Account pursuant
to
this Agreement.
All
amounts deposited to the Master Servicer Collection Account shall be held by
the
Master Servicer in the name of the Trustee in trust for the benefit of the
Certificateholders in accordance with the terms and provisions of this
Agreement. The requirements for crediting the Master Servicer Collection Account
shall be exclusive, it being understood and agreed that, without limiting the
generality of the foregoing, payments in the nature of (i) prepayment or late
payment charges or assumption, tax service, statement account or payoff,
substitution, satisfaction, release and other like fees and charges need not
be
credited by the Master Servicer or the related Servicer to the Protected Account
or the Master Servicer Collection Account, as
applicable. Reconciliations will be prepared for the Master Servicing
Collection Account within 45 calendar days after the bank statement cut-off
date. In the event that the Master Servicer shall deposit or cause to be
deposited in the Distribution Account any amount not required to be credited
thereto, the Securities Administrator, upon receipt of a written request
therefor signed by a Servicing Officer of the Master Servicer, shall promptly
transfer such amount to the Master Servicer, any provision herein to the
contrary notwithstanding.
Section
4.03 Permitted
Withdrawals From the Master Servicer Collection Account.
The
Master Servicer may from time to time make withdrawals from the Master Servicer
Collection Account for the following purposes:
(i) to
reimburse the Master Servicer or the related Servicer for any Advance or
Servicing Advance of its own funds, the right of the Master Servicer or related
Servicer to reimbursement pursuant to this subclause (i) being limited to
amounts received on a particular Mortgage Loan (including, for this purpose,
the
Purchase Price therefor, Insurance Proceeds and Liquidation Proceeds) which
represent late payments or recoveries of the principal of or interest on such
Mortgage Loan respecting which such Advance or Servicing Advance was
made;
(ii) to
reimburse the Master Servicer or the related Servicer from Insurance Proceeds
or
Liquidation Proceeds relating to a particular Mortgage Loan for amounts expended
by the Master Servicer or the related Servicer in good faith in connection
with
the restoration of the related Mortgaged Property which was damaged by an
uninsured cause or in connection with the liquidation of such Mortgage
Loan;
(iii) to
reimburse the Master Servicer or the related Servicer from Insurance Proceeds
relating to a particular Mortgage Loan for insured expenses incurred with
respect to such Mortgage Loan and to reimburse the Master Servicer or the
related Servicer from Liquidation Proceeds from a particular Mortgage Loan
for
Liquidation Expenses incurred with respect to such Mortgage Loan; provided
that
the Master Servicer shall not be entitled to reimbursement for Liquidation
Expenses with respect to a Mortgage Loan to the extent that (i) any amounts
with
respect to such Mortgage Loan were paid as Excess Liquidation Proceeds pursuant
to clause (x) of this Subsection (a) to the Master Servicer; and (ii) such
Liquidation Expenses were not included in the computation of such Excess
Liquidation Proceeds;
(iv) to
reimburse the Master Servicer or a Servicer for advances of funds pursuant
to
this Agreement or the related Servicing Agreement, and the right to
reimbursement pursuant to this subclause being limited to amounts received
on
the related Mortgage Loan (including, for this purpose, the Purchase Price
therefor, Insurance Proceeds and Liquidation Proceeds) which represent late
recoveries of the payments for which such advances were made;
(v) to
reimburse the Master Servicer or a Servicer for any Advance or advance, after
a
Realized Loss has been allocated with respect to the related Mortgage Loan
if
the Advance or advance has not been reimbursed pursuant to clauses (i) through
(iv);
(vi) to
pay
the Master Servicer as set forth in Section 3.14;
(vii) to
reimburse the Master Servicer for expenses, costs and liabilities incurred
by
and reimbursable to it pursuant to Sections 3.03, 7.04(c) and (d) and 12.03
or
otherwise reimbursable to it pursuant to this Agreement;
(viii) to
pay to
the Master Servicer, as additional servicing compensation, any Excess
Liquidation Proceeds to the extent not retained by the related
Servicer;
(ix) to
reimburse or pay the related Servicer any such amounts as are due thereto under
this Agreement or the related Servicing Agreement and have not been retained
by
or paid to the related Servicer, to the extent provided herein and in the
related Servicing Agreement;
(x) the
Purchase Price with respect to any Mortgage Loans purchased by the Seller
pursuant to Section 2.02 or 2.03, any amounts which are to be treated pursuant
to Section 5.09 of this Agreement as the payment of such a Purchase Price,
the
Purchase Price with respect to any Mortgage Loans purchased by EMC pursuant
to
Section 4.21, and all proceeds of any Mortgage Loans or property acquired with
respect thereto repurchased by the Seller or its designee pursuant to Section
10.01;
(xi) any
amounts required to be deposited with respect to losses on investments of
deposits in the Master Servicer Collection Account; and
(xii) any
unreimbursed Capitalization Reimbursement Amount.
No
later
than noon New York time on the Distribution Account Deposit Date for each
Distribution Date, the Master Servicer shall transfer all amounts on deposit
in
the account with respect to the related Distribution Date, less all permitted
reimbursements to the Servicer and the Master Servicer and the Servicing Fees
and Lender-Paid PMI Fees for such Distribution Date, to the Securities
Administrator for deposit in the Distribution Account.
The
Master Servicer will, from time to time on demand of a Servicer or the
Securities Administrator, make or cause to be made such withdrawals or transfers
from the account as the Master Servicer has designated for such transfer or
withdrawal pursuant to this Agreement and the related Servicing Agreement.
The
Master Servicer may clear and terminate the account pursuant to Section 10.01
and remove amounts from time to time deposited in error.
In
addition, prior to noon New York time on the Business Day prior to each
Distribution Date, the Master Servicer shall deposit in the Distribution Account
(or remit to the Securities Administrator for deposit therein) any Monthly
Advances required to be made by the Master Servicer with respect to the Mortgage
Loans.
The
Master Servicer shall keep and maintain separate accounting, on a Mortgage
Loan
by Mortgage Loan basis, for the purpose of accounting for any reimbursement
from
the Master Servicer Collection Account pursuant to subclauses (i) through (iv),
inclusive, and (vi) or with respect to any such amounts which would have been
covered by such subclauses had the amounts not been retained by the Master
Servicer without being deposited in the Master Servicer Collection
Account.
Section
4.04 Distribution
Account.
(a) The
Paying Agent shall establish and maintain in the name of the Trustee, for the
benefit of the Certificateholders, the Distribution Account as a segregated
trust account or accounts. The Distribution Account shall be an Eligible
Account. The Master Servicer or Servicers, as the case may be, will remit to
the
Securities Administrator for deposit in the Distribution Account, the following
amounts:
(b) All
amounts deposited to the Distribution Account shall be held by the Securities
Administrator in the name of the Trustee in trust for the benefit of the
Certificateholders in accordance with the terms and provisions of this
Agreement. The requirements for crediting the Distribution Account shall be
exclusive, it being understood and agreed that, without limiting the generality
of the foregoing, payments in the nature of (i) prepayment or late payment
charges or assumption, tax service, statement account or payoff, substitution,
satisfaction, release and other like fees and charges and (ii) the items
enumerated in Subsections 4.05(a)(i), (ii), (iii) and (iv), need not be credited
by the Master Servicer or the related Servicer to the Distribution Account.
In
the event that the Master Servicer shall deposit or cause to be deposited to
the
Distribution Account any amount not required to be credited thereto, the
Securities Administrator, upon receipt of a written request therefor signed
by a
Servicing Officer of the Master Servicer, shall promptly transfer such amount
to
the Master Servicer, any provision herein to the contrary
notwithstanding.
(c) The
Distribution Account shall constitute a trust account of the Trust Fund
segregated on the books of the Paying Agent and held by the Paying Agent in
trust in its Corporate Trust Office, and the Distribution Account and the funds
deposited therein shall not be subject to, and shall be protected from, all
claims, liens, and encumbrances of any creditors or depositors of the Paying
Agent (whether made directly, or indirectly through a liquidator or receiver
of
the Paying Agent). The Distribution Account shall be an Eligible Account. The
amount at any time credited to the Distribution Account may be invested in
the
name of the Trustee, in such Permitted Investments as may be selected by the
Securities Administrator or deposited in demand deposits with such depository
institutions as may be selected by the Securities Administrator, provided that
time deposits of such depository institutions would be a Permitted Investment.
All Permitted Investments shall mature or be subject to redemption or withdrawal
on or before, and shall be held until, the next succeeding Distribution Date
if
the obligor for such Permitted Investment is the Paying Agent or, if such
obligor is any other Person, the Business Day preceding such Distribution Date.
All investment earnings on amounts on deposit in the Distribution Account or
benefit from funds uninvested therein from time to time shall be for the account
of the Securities Administrator. The Securities Administrator shall be permitted
to receive distribution of all investment earnings from the Distribution Account
earned on funds on deposit in the Distribution Account. If there is any loss
on
a Permitted Investment or demand deposit, the Securities Administrator, as
paying agent, shall deposit such amount in the Distribution Account. With
respect to the Distribution Account and the funds deposited therein, the
Securities Administrator shall take such action as may be necessary to ensure
that the Certificateholders shall be entitled to the priorities afforded to
such
a trust account (in addition to a claim against the estate of the Paying Agent)
as provided by 12 U.S.C. § 92a(e), and applicable regulations pursuant thereto,
if applicable, or any applicable comparable state statute applicable to state
chartered banking corporations.
(d) In
addition, on the Closing Date the Depositor shall deposit $200 into the
Distribution Account which shall be paid to the holders of the Class R
Certificates on the first Distribution Date in accordance with Section
6.01.
Section
4.05 Permitted
Withdrawals and Transfers from the Distribution Account.
(a) The
Paying Agent will make such withdrawals or transfers from the Distribution
Account for the following purposes:
(i) to
reimburse the Trustee, the Custodians or the Securities Administrator for
expenses, costs and liabilities incurred by or reimbursable to it pursuant
to
this Agreement;
(ii) to
pay
the Securities Administrator compensation as set forth in Section
9.05;
(iii) to
remove
amounts deposited in error;
(iv) to
clear
and terminate the Distribution Account pursuant to Section 10.01;
and
(b) On
each
Distribution Date, the Paying Agent shall distribute the Available Funds to
the
extent on deposit in the Distribution Account for each Loan Group to the Holders
of the Certificates in accordance with distribution instructions provided to
it
by the Securities Administrator no later than two Business Days prior to such
Distribution Date (if the Paying Agent and the Securities Administrator are
not
the same entity) and determined by the Securities Administrator in accordance
with Section 6.01.
Section
4.06 Group
II
Pre-Funding Account.
(a) No
later than the Closing Date, the Securities Administrator shall establish and
maintain in the name of the Trustee a segregated trust account or sub-account
of
a trust account, which shall be titled “Group II Pre-Funding Account, Citibank,
N.A., as trustee for the benefit of the holders of Structured Asset Mortgage
Investments II Inc., Bear Xxxxxxx ARM Trust, Mortgage Pass-Through Certificates,
Series 2007-4” (the “Group II Pre-Funding Account”). The Group II Pre-Funding
Account shall be an Eligible Account or a sub account of an Eligible Account.
The Securities Administrator shall, promptly upon receipt, deposit in the Group
II Pre-Funding Account and retain therein the Group II Pre-Funded Amount
remitted on the Closing Date to the Securities Administrator by the Depositor.
Funds deposited in the Group II Pre-Funding Account shall be held in trust
by
the Securities Administrator for the Holders of the Group II Certificates for
the uses and purposes set forth herein.
(b) The
Securities Administrator shall invest funds deposited in the Group II
Pre-Funding Account as directed by the Depositor or its designee in writing
in
Permitted Investments with a maturity date no later than the Business Day
immediately preceding the date on which such funds are required to be withdrawn
from such account pursuant to this Agreement, or, if no written direction is
received by the Securities Administrator from the Depositor, then funds in
such
account shall remain uninvested. For federal income tax purposes, the Depositor
or its designee shall be the owner of the Group II Pre-Funding Account and
shall
report all items of income, deduction, gain or loss arising therefrom. All
income and gain realized from investment of funds deposited in the Group II
Pre-Funding Account shall be transferred to the Group II Interest Coverage
Account on the Business Day immediately preceding each Distribution Date. Any
such income and gain remaining in the Group II Interest Coverage Account at
the
end of the Group II Pre-Funding Period shall be remitted by the Securities
Administrator to the Depositor pursuant to Section 4.07(d). The Depositor or
its
designee shall deposit in the Group II Pre-Funding Account the amount of any
net
loss incurred in respect of any such Permitted Investment immediately upon
realization of such loss without any right of reimbursement therefor. At no
time
will the Group II Pre-Funding Account be an asset of any REMIC created
hereunder. Amounts on deposit in the Group II Pre-Funding Account shall be
withdrawn by the Securities Administrator as follows:
(i) On
any Subsequent Transfer Date, the Securities Administrator shall withdraw from
the Group II-1 Pre-Funded Amount or Group II-2 Pre-Funded Amount, as applicable,
comprising the Group II Pre-Funding Account an amount equal to 100% of the
Scheduled Principal Balances of the Group II-1 Subsequent Mortgage Loans or
Group II-2 Subsequent Mortgage Loans, as applicable, (as identified on the
Mortgage Loan Schedule provided by the Depositor) transferred and assigned
to
the Securities Administrator for deposit in Loan Group II-1 or Loan Group II-2,
as applicable, on such Subsequent Transfer Date and remit such amount to the
Depositor;
(ii) If
the amount on deposit in the Group II Pre-Funding Account (exclusive of
investment income) has not been reduced to zero by the close of business on
the
date of termination of the Group II Pre-Funding Period, then at the close of
business on such date, the Securities Administrator shall deposit into the
Distribution Account with respect to Group II-1 Available Funds or Group II-2
Available Funds, as applicable, any amounts remaining in the Group II
Pre-Funding Account related to Loan Group II-1 or Loan Group II-2, as
applicable, (exclusive of investment income) for distribution in accordance
with
Section 6.01;
(iii) To
withdraw any amount not required to be deposited in the Group II Pre-Funding
Account or deposited therein in error; and
(iv) Upon
the earliest of (i) the reduction of the Schedule Principal Balances of the
Group II Mortgage Loans to zero or (ii) the termination of this Agreement with
respect to Loan Group II in accordance with Section 10.01, to withdraw any
amount remaining on deposit in the Group II Pre-Funding Account, first, for
deposit in the Distribution Account for payment to the Group II
Certificateholders then entitled to distributions in respect of principal until
the Certificate Principal Balance of the Group II Certificates has been reduced
to zero, and second, for payment to the Depositor of any remaining
amount.
Withdrawals
pursuant to clauses (i), (ii) and (iv) shall be treated as contributions of
cash
to REMIC II on the date of withdrawal.
Section
4.07 Group
II
Interest Coverage Account.
(a) No
later than the Closing Date, the Securities Administrator shall establish and
maintain in the name of the Trustee a segregated trust account or a sub-account
of a trust account, which shall be titled “Group II Interest Coverage Account,
Citibank, N.A., as trustee for the benefit of the holders of Structured Asset
Mortgage Investments II Inc., Bear Xxxxxxx ARM Trust, Mortgage Pass-Through
Certificates, Series 2007-4” (the “Group II Interest Coverage Account”). The
Group II Interest Coverage Account shall be an Eligible Account or a sub-account
of an Eligible Account. The Securities Administrator shall, promptly upon
receipt, deposit in the Group II Interest Coverage Account and retain therein
the Group II Initial Interest Coverage Deposit remitted on the Closing Date
to
the Securities Administrator by the Depositor and all income and gain realized
from investment of funds deposited in the Group II Pre-Funding Account pursuant
to Section 4.06(b). Funds deposited in the Group II Interest Coverage Account
shall be held in trust by the Securities Administrator for the Group II
Certificateholders for the uses and purposes set forth herein.
(b) For
federal income tax purposes, the Depositor shall be the owner of the Group
II
Interest Coverage Account and shall report all items of income, deduction,
gain
or loss arising therefrom. At no time will the Group II Interest Coverage
Account be an asset of any REMIC created hereunder. All income and gain realized
from investment of funds deposited in the Group II Interest Coverage Account,
which investment shall be made solely upon the written direction of the
Depositor, shall be for the sole and exclusive benefit of the Depositor and
shall be remitted at the direction of the Depositor by the Securities
Administrator to the Depositor no later than the first Business Day following
receipt of such income and gain by the Securities Administrator. In the
absence of such direction, the income and gain shall remain in the Group II
Interest Coverage Account and shall be remitted at the direction of
the Depositor or at the end of the Group II Pre-Funding Period as excess
proceeds, as applicable. If no written direction with respect to such investment
shall be received by the Securities Administrator from the Depositor, then
funds
in such Account shall remain uninvested. The Depositor shall deposit in the
Group II Interest Coverage Account the amount of any net loss incurred in
respect of any such Permitted Investment immediately upon realization of such
loss and any additional amounts necessary to make payments pursuant to paragraph
(c) below to the extent amounts on deposit in the Group II Interest Coverage
Account are insufficient.
(c) On
each Distribution Date during the Group II Pre-Funding Period and on the day
of
termination of the Group II Pre-Funding Period, the Securities Administrator
shall withdraw from the Group II Interest Coverage Account and deposit in the
Distribution Account an amount equal to the Group II Interest Coverage
Distribution Amount for such Distribution Date. Such withdrawal and deposit
shall be treated as a contribution of cash by the Depositor to REMIC II on
the
date thereof. Immediately following any such withdrawal and deposit, and
immediately following the conveyance of any Group II Subsequent Mortgage Loan
to
the Trust on any Subsequent Transfer Date, the Securities Administrator shall,
at the request of the Depositor, withdraw from the Group II Interest Coverage
Account and remit to the Depositor or its designee an amount equal to the
excess, if any, of the amount remaining in such Group II Interest Coverage
Account over the amount that would be required to be withdrawn therefrom
(assuming sufficient funds therein) pursuant to the second preceding sentence
on
each subsequent Distribution Date, if any, that will occur during the Group
II
Pre-Funding Period or on the day of termination of the Group II Pre-Funding
Period if no Group II Subsequent Mortgage Loan were acquired by the Trust Fund
after the end of the Prepayment Period relating to the current Distribution
Date
or the Distribution Date following the end of the Group II Pre-Funding Period,
as applicable. On the day of termination of the Group II Pre-Funding Period,
the
Securities Administrator shall withdraw from the Group II Interest Coverage
Account and remit to the Depositor or its designee the amount remaining in
such
Group II Interest Coverage Account after payment of the amount required to
be
withdrawn therefrom pursuant to the third preceding sentence on the day of
termination of the Group II Pre-Funding Period.
(d) Upon
the earliest of (i) the Distribution Date immediately following the end of
the
Group II Pre-Funding Period, (ii) the reduction of the Certificate Principal
Balance of the Group II Certificates to zero and (iii) the termination of this
Agreement in accordance with Section 10.01, any amount remaining on deposit
in
the Group II Interest Coverage Account after distributions pursuant to paragraph
(c) above shall be withdrawn by the Securities Administrator and paid to the
Depositor or its designee.
ARTICLE
V
CERTIFICATES
Section
5.01 Certificates.
(a) The
Depository and the Issuing Entity have entered into a Depository Agreement
dated
as of the Closing Date (the “Depository Agreement”). Except for the Residual
Certificates, the Private Certificates and the Individual Certificates and
as
provided in Subsection 5.01(b), the Certificates shall at all times remain
registered in the name of the Depository or its nominee and at all times: (i)
registration of such Certificates may not be transferred by the Certificate
Registrar except to a successor to the Depository; (ii) ownership and transfers
of registration of such Certificates on the books of the Depository shall be
governed by applicable rules established by the Depository; (iii) the Depository
may collect its usual and customary fees, charges and expenses from its
Depository Participants; (iv) the Certificate Registrar shall deal with the
Depository as representative of such Certificate Owners of the respective Class
of Certificates for purposes of exercising the rights of Certificateholders
under this Agreement, and requests and directions for and votes of such
representative shall not be deemed to be inconsistent if they are made with
respect to different Certificate Owners; and (v) the Certificate Registrar
may
rely and shall be fully protected in relying upon information furnished by
the
Depository with respect to its Depository Participants.
The
Residual Certificates and the Private Certificates are initially Physical
Certificates. If at any time the Holders of all of the Certificates of one
or
more such Classes request that the Certificate Registrar cause such Class to
become Global Certificates, the Certificate Registrar and the Depositor will
take such action as may be reasonably required to cause the Depository to accept
such Class or Classes for trading if it may legally be so traded.
All
transfers by Certificate Owners of such respective Classes of Book-Entry
Certificates and any Global Certificates shall be made in accordance with the
procedures established by the Depository Participant or brokerage firm
representing such Certificate Owners. Each Depository Participant shall only
transfer 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.
(b) If
(i)(A)
the Depositor advises the Certificate Registrar in writing that the Depository
is no longer willing or able to properly discharge its responsibilities as
Depository and (B) the Certificate Registrar or the Depositor is unable to
locate a qualified successor within 30 days or (ii) the Depositor at its option
advises the Certificate Registrar in writing that it elects to terminate the
book-entry system through the Depository, the Certificate Registrar, as agent
of
the Depositor, shall request that the Depository notify all Certificate Owners
of the occurrence of any such event and of the availability of definitive,
fully
registered Certificates to Certificate Owners requesting the same. Upon
surrender to the Certificate Registrar, as agent of the Depositor, of the
Certificates by the Depository, accompanied by registration instructions from
the Depository for registration, the Certificate Registrar shall issue the
definitive Certificates. Neither the Depositor nor the Certificate Registrar
shall be liable for any delay in delivery of any instructions required under
this section and may conclusively rely on, and shall be protected in relying
on,
such instructions.
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 Fractional
Undivided 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 Certificate Registrar to exchange or cause
the exchange of the Certificate Owner’s interest in such Class of Certificates
for an equivalent Fractional Undivided Interest in fully registered definitive
form. Upon receipt by the Certificate Registrar of instructions from
the Depository directing the Certificate Registrar to effect such exchange
(such
instructions to contain information regarding the Class of Certificates and
the
Current Principal Amount being exchanged, the Depository Participant account
to
be debited with the decrease, the registered holder of and delivery instructions
for the definitive Certificate, and any other information reasonably required
by
the Certificate Registrar), (i) the Certificate Registrar shall instruct the
Depository to reduce the related Depository Participant’s account by the
aggregate Current Principal Amount of the definitive Certificate, (ii) the
Certificate Registrar 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 Fractional Undivided
Interest in such Class of Certificates and (iii) the Certificate Registrar
shall
execute and authenticate a new Book-Entry Certificate reflecting the reduction
in the Current Principal Amount of such Class of Certificates by the amount
of
the definitive Certificates.
(c) (i) REMIC
I will be evidenced by (x) the REMIC I Regular Interests, which will be
uncertificated and non-transferable and are hereby designated as the “regular
interests” in REMIC I and have the initial principal amounts and accrue interest
at the Pass-Through Rates equal to those set forth in this Section 5.01(c)(i)
and (y) the Class R-I Certificates, which are hereby designated as representing
the sole class of “residual interests” in REMIC I.
The
REMIC
I Regular Interests and the Class R-I Certificates will have the following
designations, initial principal amounts and Pass-Through Rates:
REMIC
I Interest
|
Initial
Principal Amount
|
Pass-Through
Rate
|
Related
Loan Group
|
|||
I-1-Sub
|
$ 1,414.10
|
(1)
|
Loan
Group I-1
|
|||
I-1-Grp
|
$ 26,934.00
|
(2)
|
Loan
Group I-1
|
|||
I-2-Sub
|
$ 632.63
|
(1)
|
Loan
Group I-2
|
|||
I-2-Grp
|
$ 12,049.83
|
(3)
|
Loan
Group I-2
|
|||
ZZZ
|
$ 389,797,227.61
|
(1)
|
Loan
Group I
|
|||
Class
R-I
|
$ 50.00
|
0.00%
|
N/A
|
________________________
(1) The
weighted average of the Net Rates of the Group I Mortgage Loans, weighted on
the
basis of the respective Scheduled Principal Balances of each such Mortgage
Loan
as of the beginning of the Due Period immediately preceding the related
Distribution Date.
(2) The
weighted average of the Net Rates of the Group I-1 Mortgage Loans, weighted
on
the basis of the respective Scheduled Principal Balances of each such Mortgage
Loan as of the beginning of the Due Period immediately preceding the related
Distribution Date.
(3) The
weighted average of the Net Rates of the Group I-2 Mortgage Loans, weighted
on
the basis of the respective Scheduled Principal Balances of each such Mortgage
Loan as of the beginning of the Due Period immediately preceding the related
Distribution Date.
Interest
shall be payable from amounts received on the Group I Mortgage Loans to the
REMIC I Regular Interests at the applicable Pass-Through Rates on the related
Uncertificated Principal Balances. Distributions of principal shall be deemed
to
be made from amounts received on the Group I Mortgage Loans to the REMIC I
Regular Interests, first, so as to keep the Uncertificated Principal Balance
of
each REMIC I Regular Interest ending with the designation “Grp” equal to 0.01%
of the aggregate Scheduled Principal Balance of the Group I Mortgage Loans
in
the related Loan Group; second, 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
Scheduled Principal Balance of the Group I Mortgage Loans in the related Loan
Group over (y) the aggregate Current Principal Amount of the Group I Senior
Certificates in the Certificate Group for the related Loan Group (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
third, any remaining principal to REMIC I Regular Interest ZZZ. Realized Losses
on the Group I Mortgage Loans shall be applied after all distributions have
been
made on each Distribution Date, first, so as to keep the Uncertificated
Principal Balance of each REMIC I Regular Interest ending with the designation
“Grp” equal to 0.01% of the aggregate Scheduled Principal Balance of the Group I
Mortgage Loans in the related Loan Group; second, 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 Scheduled Principal Balance of the Group I Mortgage Loans
in
the related Loan Group over (y) the Current Principal Amount of the Group I
Senior Certificates in the Certificate Group for the related Loan Group (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 third, any remaining Realized Losses on the Group I Mortgage
Loans shall be allocated to REMIC I Regular Interest ZZZ.
The
aggregate amount of any Net Interest Shortfalls and interest portion of Realized
Losses related to the Group I Mortgage Loans for any Distribution Date shall
be
allocated to accrued interest payable to the REMIC I Regular Interests, pro
rata, based on, and to the extent of, one month’s interest at the then
applicable respective Pass-Through Rates on the respective Uncertificated
Principal Balances of each such REMIC I Regular Interest.
(ii) REMIC
II will be evidenced by (x) the REMIC II Regular Interests, which will be
uncertificated and non-transferable and are hereby designated as the “regular
interests” in REMIC II and have the initial principal amounts and (other than
REMIC II Regular Interest R-III/R-IV) accrue interest at the Pass-Through Rates
equal to those set forth in this Section 5.01(c)(ii) and (y) the Class R-II
Certificates, which are hereby designated as representing the sole class of
“residual interests” in REMIC II.
The
REMIC
II Regular Interests and the Class R-II Certificates will have the following
designations, initial principal amounts and Pass-Through Rates:
REMIC
II Interest
|
Initial
Principal Amount
|
Pass-Through
Rate
|
Related
Loan Group
|
|||
II-1-Sub
|
$ 697.52
|
(1)
|
Loan
Group II-1
|
|||
II-1-Grp
|
$ 19,926.52
|
(2)
|
Loan
Group II-1
|
|||
II-2-Sub
|
$ 1,917.10
|
(1)
|
Loan
Group II-2
|
|||
II-2-Grp
|
$ 54,773.70
|
(3)
|
Loan
Group II-2
|
|||
ZZZ
|
$ 746,924,867.51
|
(1)
|
Loan
Group II
|
|||
R-III/R-IV
|
$ 100.00
|
0.00%
|
N/A
|
|||
Class
R-II
|
$ 50.00
|
0.00%
|
N/A
|
________________________
(1) The
weighted average of the Net Rates of the Group II Mortgage Loans, weighted
on
the basis of the respective Scheduled Principal Balances of each such Mortgage
Loan as of the beginning of the Due Period immediately preceding the related
Distribution Date.
(2) The
weighted average of the Net Rates of the Group II-1 Mortgage Loans, weighted
on
the basis of the respective Scheduled Principal Balances of each such Mortgage
Loan as of the beginning of the Due Period immediately preceding the related
Distribution Date.
(3) The
weighted average of the Net Rates of the Group II-2 Mortgage Loans, weighted
on
the basis of the respective Scheduled Principal Balances of each such Mortgage
Loan as of the beginning of the Due Period immediately preceding the related
Distribution Date.
Interest
shall be payable from amounts received on the Group II Mortgage Loans to the
REMIC II Regular Interests at the applicable Pass-Through Rates on the related
Uncertificated Principal Balances. On the Distribution Date in June 2007, REMIC
II Regular Interest R-III/R-IV will be paid $100 in reduction of its
Uncertificated Principal Balance from the Class R-III Deposit and the Class
R-IV
Deposit held in the Distribution Account. Distributions of
principal shall be deemed to be made from amounts received on the Group II
Mortgage Loans to the REMIC II Regular Interests, first, so as to keep the
Uncertificated Principal Balance of each REMIC II Regular Interest ending with
the designation “Grp” equal to 0.01% of the aggregate Scheduled Principal
Balance of the Group II Mortgage Loans in the related Loan Group; second, to
each REMIC II Regular Interest ending with the designation “Sub,” so that the
Uncertificated Principal Balance of each such REMIC II Regular Interest is
equal
to 0.01% of the excess of (x) the aggregate Scheduled Principal Balance of
the
Group II Mortgage Loans in the related Loan Group over (y) the aggregate Current
Principal Amount of the Group II Senior Certificates in the Certificate Group
for the related Loan Group (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 II Regular Interests such that the REMIC II
Subordinated Balance Ratio is maintained); and third, any remaining principal
to
REMIC II Regular Interest ZZZ. Realized Losses on the Group II Mortgage Loans
shall be applied after all distributions have been made on each Distribution
Date, first, so as to keep the Uncertificated Principal Balance of each REMIC
II
Regular Interest ending with the designation “Grp” equal to 0.01% of the
aggregate Scheduled Principal Balance of the Group II Mortgage Loans in the
related Loan Group; second, to each REMIC II Regular Interest ending with the
designation “Sub,” so that the Uncertificated Principal Balance of each such
REMIC II Regular Interest is equal to 0.01% of the excess of (x) the aggregate
Scheduled Principal Balance of the Group II Mortgage Loans in the related Loan
Group over (y) the Current Principal Amount of the Group II Senior Certificates
in the Certificate Group for the related Loan Group (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 II Regular Interests
such that the REMIC II Subordinated Balance Ratio is maintained); and third,
any
remaining Realized Losses on the Group II Mortgage Loans shall be allocated
to
REMIC II Regular Interest ZZZ.
The
aggregate amount of any Net Interest Shortfalls and interest portion of Realized
Losses related to the Group II Mortgage Loans for any Distribution Date shall
be
allocated to accrued interest payable to the REMIC II Regular Interests, pro
rata, based on, and to the extent of, one month’s interest at the then
applicable respective Pass-Through Rates on the respective Uncertificated
Principal Balances of each such REMIC II Regular Interest.
(iii) REMIC
III will be evidenced by (x) the REMIC III Regular Interests, which will be
uncertificated and non-transferable and are hereby designated as the “regular
interests” in REMIC III and have the initial principal amounts and (other than
REMIC III Regular Interest R-IV) accrue interest at the Pass-Through Rates
equal
to those set forth in this Section 5.01(c)(iii) and (y) the Class R-III
Certificates, which are hereby designated as representing the sole class of
“residual interests” in REMIC III.
The
REMIC
III Regular Interests and the Class R-III Certificates will have the following
designations, initial principal amounts and Pass Through Rates:
Designation
|
Initial
Principal Amount
|
Pass-Through
Rate
|
||
I-1A-1
|
$
241,059,000.00
|
(1)
|
||
I-1A-2
|
$
14,140,000.00
|
(1)
|
||
I-2A-1
|
$
107,846,000.00
|
(2)
|
||
I-2A-2
|
$ 6,326,000.00
|
(2)
|
||
II-1A-1
|
$
185,316,000.00
|
(3)
|
||
II-2A-2
|
$ 6,974,000.00
|
(3)
|
||
II-2A-1
|
$
509,395,000.00
|
(4)
|
||
II-2A-2
|
$
19,171,000.00
|
(4)
|
||
Class
R-III
|
$
50.00
|
0.00%
|
||
R-IV
|
$
50.00
|
0.00%
|
||
I-B-1
|
$ 8,771,000.00
|
(5)
|
||
I-B-2
|
$ 3,898,000.00
|
(5)
|
||
I-B-3
|
$ 2,339,000.00
|
(5)
|
||
I-B-4
|
$ 2,339,000.00
|
(5)
|
||
I-B-5
|
$ 1,754,000.00
|
(5)
|
||
I-B-6
|
$ 1,366,258.16
|
(5)
|
||
II-B-1
|
$ 14,566,000.00
|
(6)
|
||
II-B-2
|
$ 4,481,000.00
|
(6)
|
||
II-B-3
|
$ 2,616,000.00
|
(6)
|
||
II-B-4
|
$ 1,493,000.00
|
(6)
|
||
II-B-5
|
$ 1,494,000.00
|
(6)
|
||
II-B-6
|
$ 1,496,182.35
|
(6)
|
(1) A
variable Pass-Through Rate equal to the weighted average of the Pass-Through
Rate on REMIC I Regular Interest I-1-Grp, weighted on the basis of the
Uncertificated Principal Balance of such REMIC I Regular Interest immediately
preceding the related Distribution Date.
(2) A
variable Pass-Through Rate equal to the weighted average of the Pass-Through
Rate on REMIC I Regular Interest I-2-Grp, weighted on the basis of the
Uncertificated Principal Balance of such REMIC I Regular Interest immediately
preceding the related Distribution Date.
(3) A
variable Pass-Through Rate equal to the weighted average of the Pass-Through
Rate on REMIC II Regular Interest II-1-Grp, weighted on the basis of the
Uncertificated Principal Balance of such REMIC II Regular Interest immediately
preceding the related Distribution Date.
(4) A
variable Pass-Through Rate equal to the weighted average of the Pass-Through
Rate on REMIC II Regular Interest II-2-Grp, weighted on the basis of the
Uncertificated Principal Balance of such REMIC II Regular Interest immediately
preceding the related Distribution Date.
(5) A
variable Pass-Through Rate equal to the weighted average of the Pass-Through
Rates on REMIC I Regular Interests I-1-Sub and I-2-Sub, weighted on the basis
of
the Uncertificated Principal Balances of each such REMIC I Regular Interest
immediately preceding the related Distribution Date, provided that for purposes
of calculating such weighted average, the Pass-Through Rate of each such REMIC
I
Regular Interest shall be subject to a cap and a floor equal to the Pass-Through
Rate of the REMIC I Regular Interest from the related Loan Group ending with
the
designation “Grp”.
(6) A
variable Pass-Through Rate equal to the weighted average of the Pass-Through
Rates on REMIC II Regular Interests II-1-Sub and II-2-Sub, weighted on the
basis
of the Uncertificated Principal Balances of each such REMIC II Regular Interest
immediately preceding the related Distribution Date, provided that for purposes
of calculating such weighted average, the Pass-Through Rate of each such REMIC
II Regular Interest shall be subject to a cap and a floor equal to the
Pass-Through Rate of the REMIC II Regular Interest from the related Loan Group
ending with the designation “Grp”.
Principal
related to the Group I Mortgage Loans shall be payable to, and shortfalls,
losses and prepayments related to the Group I Mortgage Loans are allocable
to,
the REMIC III Group I Regular Interests as such amounts are payable and
allocable to the Corresponding Certificates; provided that, solely for purposes
of the foregoing, any shortfalls or losses allocable to the Class I-1X-1
Certificates shall be deemed to be allocated entirely to the Class I-1A-1
Certificates, and any shortfalls or losses allocable to the Class I-2X-1
Certificates shall be deemed to be allocated entirely to the Class I-2A-1
Certificates and Class I-2A-2 Certificates on a pro rata basis. Interest related
to the Group I Mortgage Loans shall be payable to each of the REMIC III Group
I
Regular Interests at the Pass-Through Rate for such REMIC III Group I Regular
Interest on such REMIC III Group I Regular Interest’s Uncertificated Principal
Balance.
Principal
related to the Group II Mortgage Loans shall be payable to, and shortfalls,
losses and prepayments related to the Group II Mortgage Loans are allocable
to,
the REMIC III Group II Regular Interests as such amounts are payable and
allocable to the Corresponding Certificates; provided that, solely for purposes
of the foregoing, any shortfalls or losses allocable to the Class II-1X-1
Certificates shall be deemed to be allocated entirely to the Class II-1A-1
Certificates and Class II-2A-2 Certificates on a pro rata basis, and any
shortfalls or losses allocable to the Class II-2X-1 Certificates shall be deemed
to be allocated entirely to the Class II-2A-1 Certificates and Class II-2A-2
Certificates on a pro rata basis. Interest related to the Group II
Mortgage Loans shall be payable to each of the REMIC III Group II Regular
Interests at the Pass-Through Rate for such REMIC III Group II Regular Interest
on such REMIC III Group II Regular Interest’s Uncertificated Principal
Balance.
(iii) The
Classes of the Regular Certificates, each of which shall represent a “regular
interest” in REMIC IV, and the Class R-I, Class R-II, Class R-III and Class R-IV
Certificates, each of which shall represent the sole class of “residual
interests” in REMIC I, REMIC II, REMIC III and REMIC IV, respectively, shall
have the following designations, initial principal amounts and Pass-Through
Rates:
Designation
|
Initial
Principal Amount
|
Pass-Through
Rate
|
||
I-1A-1
|
$ 241,059,000.00
|
(1)
|
||
I-1A-2
|
$
14,140,000.00
|
(2)
|
||
I-1X-1
|
(4)
|
(3)
|
||
I-2A-1
|
$ 107,846,000.00
|
(5)
|
||
I-2A-2
|
$
6,326,000.00
|
(5)
|
||
I-2X-1
|
(4)
|
(6)
|
||
II-1A-1
|
$ 185,316,000.00
|
(7)
|
||
II-1A-2
|
$
6,974,000.00
|
(7)
|
||
II-1X-1
|
(4)
|
(8)
|
||
II-2A-1
|
$ 509,395,000.00
|
(9)
|
||
II-2A-2
|
$ 19,171,000.00
|
(9)
|
||
II-2X-1
|
(4)
|
(10)
|
||
R-I
|
$
50.00
|
(11)
|
||
R-II
|
$ 50.00
|
(11)
|
||
R-III
|
$
50.00
|
(11)
|
||
R-IV
|
$
50.00
|
(11)
|
||
I-B-1
|
$
8,771,000.00
|
(12)
|
||
I-B-2
|
$
3,898,000.00
|
(12)
|
||
I-B-3
|
$
2,339,000.00
|
(12)
|
||
I-B-4
|
$
2,339,000.00
|
(12)
|
||
I-B-5
|
$
1,754,000.00
|
(12)
|
||
I-B-6
|
$ 1,366,258.16
|
(12)
|
||
II-B-1
|
$ 14,566,000.00
|
(13)
|
||
II-B-2
|
$
4,481,000.00
|
(13)
|
||
II-B-3
|
$
2,616,000.00
|
(13)
|
||
II-B-4
|
$
1,493,000.00
|
(13)
|
||
II-B-5
|
$ 1,494,000.00
|
(13)
|
||
II-B-6
|
$ 1,496,182.35
|
(13)
|
(1) On
or prior to the Distribution Date in March 2012, the Class I-1A-1 Certificates
will bear interest at a variable Pass-Through Rate equal to the weighted average
of the Net Rates of the Group I-1 Mortgage Loans, weighted on the basis of
the
respective Scheduled Principal Balances of each such Mortgage Loan as of the
beginning of the Due Period immediately preceding the related Distribution
Date,
minus 0.317% per annum. After the Distribution Date in March 2012 the
Class I-1A-1 Certificates will bear interest at a variable Pass-Through Rate
equal to the weighted average of the Net Rates of the Group I-1 Mortgage Loans,
weighted on the basis of the respective Scheduled Principal Balances of each
such Mortgage Loan as of the beginning of the Due Period immediately preceding
the related Distribution Date. During each such period, for federal
income tax purposes the Class I-1A-1 Certificates will bear interest at a rate
equivalent to the foregoing, calculated using the weighted average of the
Pass-Through Rate on REMIC III Regular Interest I-1A-1, weighted on the basis
of
the Uncertificated Principal Balance of such REMIC III Regular Interest
immediately preceding the related Distribution Date, in place of the weighted
average of the Net Rates of the Group I-1 Mortgage Loans.
(2) The
Class I-1A-2 Certificates will bear interest at a variable Pass-Through rate
equal to the weighted average of the Net Rates of the Group I-1 Mortgage
Loans. For federal income tax purposes the Class I-1A-2 Certificates
will bear interest at a rate equivalent to the foregoing, expressed as the
weighted average of the Pass-Through Rate on REMIC III Regular Interest I-1A-2,
weighted on the basis of the Uncertificated Principal Balance of such REMIC
III
Regular Interest immediately preceding the related Distribution
Date.
(3) On
or prior to the Distribution Date in March 2012, the Class I-1X-1 Certificates
will bear interest at a fixed Pass-Through Rate equal to 0.317% per annum on
a
notional balance equal to the Current Principal Amount of the Class I-1A-1
Certificates. After the Distribution Date in March 2012, the Class
I-1X-1 Certificates will not bear any interest. For federal income
tax purposes, the Class I-1X-1 Certificates will bear interest at a rate
equivalent to the foregoing, expressed as (i) for any Distribution Date in
or
prior to March 2012, the excess, if any, of (x) the weighted average of the
Pass-Through Rate on REMIC III Regular Interest I-1A-1, weighted on the basis
of
the Uncertificated Principal Balance of such REMIC III Regular Interest
immediately preceding the related Distribution Date, over (y) the excess, if
any, of (1) the weighted average of the Pass-Through Rate on REMIC III Regular
Interest I-1A-1, weighted on the basis of the Uncertificated Principal Balance
of such REMIC III Regular Interest immediately preceding the related
Distribution Date, over (2) 0.317% per annum, and (ii) for any Distribution
Date
after March 2012, the excess, if any, of (A) the weighted average of the
Pass-Through Rate on REMIC III Regular Interests I-1A-1, weighted on the basis
of the Uncertificated Principal Balance of such REMIC III Regular Interest
immediately preceding the related Distribution Date, over (B) the weighted
average of the Pass-Through Rate on REMIC III Regular Interest I-1A-1, weighted
on the basis of the Uncertificated Principal Balance of such REMIC III Regular
Interest immediately preceding the related Distribution Date.
(4) As
described in the definition of Notional Amount herein.
(5) On
or prior to the Distribution Date in February 2017, the Class I-2A-1
Certificates and Class I-2A-2 Certificates will bear interest at a variable
Pass-Through Rate equal to the weighted average of the Net Rates of the Group
I-2 Mortgage Loans, weighted on the basis of the respective Scheduled Principal
Balances of each such Mortgage Loan as of the beginning of the Due Period
immediately preceding the related Distribution Date, minus 0.419% per
annum. After the Distribution Date in February 2017, the Class I-2A-1
Certificates and Class I-2A-2 Certificates will bear interest at a variable
Pass-Through Rate equal to the weighted average of the Net Rates of the Group
I-2 Mortgage Loans, weighted on the basis of the respective Scheduled Principal
Balances of each such Mortgage Loan as of the beginning of the Due Period
immediately preceding the related Distribution Date. During each such
period, for federal income tax purposes the Class I-2A-1 Certificates and Class
I-2A-2 Certificates will bear interest at a rate equivalent to the foregoing,
calculated using the weighted average of the Pass-Through Rates on REMIC III
Regular Interests I-2A-1 and I-2A-2, weighted on the basis of the Uncertificated
Principal Balances of such REMIC III Regular Interests immediately preceding
the
related Distribution Date, in place of the weighted average of the Net Rates
of
the Group I-2 Mortgage Loans.
(6) On
or prior to the Distribution Date in February 2017, the Class I-2X-1
Certificates will bear interest at a fixed Pass-Through Rate equal to
0.419% per annum on a notional balance equal to the aggregate Current
Principal Amount of the Class I-2A-1 Certificates and Class I-2A-2
Certificates. After the Distribution Date in February 2017, the Class
I-2X-1 Certificates will not bear any interest. For federal income tax purposes,
the Class I-2X-1 Certificates will bear interest at a rate equivalent to the
foregoing, expressed as (i) for any Distribution Date in or prior to February
2017, the excess, if any, of (x) the weighted average of the Pass-Through Rates
on REMIC III Regular Interests I-2A-1 and I-2A-2, weighted on the basis of
the
Uncertificated Principal Balances of such REMIC III Regular Interests
immediately preceding the related Distribution Date, over (y) the excess, if
any, of (1) the weighted average of the Pass-Through Rates on REMIC III Regular
Interests I-2A-1 and I-2A-2, weighted on the basis of the Uncertificated
Principal Balances of such REMIC III Regular Interests immediately preceding
the
related Distribution Date, over (2) 0.419% per annum, and (ii) for any
Distribution Date after February 2017, the excess, if any, of (A) the weighted
average of the Pass-Through Rates on REMIC III Regular Interests I-2A-1 and
I-2A-2, weighted on the basis of the Uncertificated Principal Balances of such
REMIC III Regular Interests immediately preceding the related Distribution
Date,
over (B) the weighted average of the Pass-Through Rates on REMIC III Regular
Interests I-2A-1 and I-2A-2, weighted on the basis of the Uncertificated
Principal Balances of such REMIC III Regular Interests immediately preceding
the
related Distribution Date.
(7) On
or prior to the Distribution Date in May 2014, the Class II-1A-1 Certificates
and Class II-1A-2 Certificates will bear interest at a variable Pass-Through
Rate equal to the weighted average of the Net Rates of the Group II-1 Mortgage
Loans, weighted on the basis of the respective Scheduled Principal Balances
of
each such Mortgage Loan as of the beginning of the Due Period immediately
preceding the related Distribution Date, minus 0.029% per
annum. After the Distribution Date in May 2014, the Class II-1A-1
Certificates and Class II-1A-2 Certificates will bear interest at a variable
Pass-Through Rate equal to the weighted average of the Net Rates of the Group
II-1 Mortgage Loans. During each such period, for federal income tax
purposes the Class II-1A-1 Certificates and Class II-1A-2 Certificates will
bear
interest at a rate equivalent to the foregoing, calculated using the weighted
average of the Pass-Through Rates on REMIC III Regular Interests II-1A-1 and
II-1A-2, weighted on the basis of the Uncertificated Principal Balances of
such
REMIC III Regular Interests immediately preceding the related Distribution
Date,
in place of the weighted average of the Net Rates of the Group II-1 Mortgage
Loans.
(8) On
or prior to the Distribution Date in May 2014, the Class II-1X-1 Certificates
will bear interest at a fixed Pass-Through Rate equal to 0.029% per annum on
a
notional balance equal to the aggregate Current Principal Amount of the Class
II-1A-1 Certificates and Class II-1A-2 Certificates. After the
Distribution Date in May 2014, the Class II-1X-1 Certificates will not bear
any
interest. For federal income tax purposes, the Class II-1X-1
Certificates will bear interest at a rate equivalent to the foregoing, expressed
as (i) for any Distribution Date in or prior to May 2014, the excess, if any,
of
(x) the weighted average of the Pass-Through Rates on REMIC III Regular
Interests II-1A-1 and II-1A-2, weighted on the basis of the Uncertificated
Principal Balances of such REMIC III Regular Interests immediately preceding
the
related Distribution Date, over (y) the excess, if any, of (1) the weighted
average of the Pass-Through Rates on REMIC III Regular Interests II-1A-1 and
II-1A-2, weighted on the basis of the Uncertificated Principal Balances of
such
REMIC III Regular Interests immediately preceding the related Distribution
Date,
over (2) 0.029% per annum, and (ii) for any Distribution Date after May 2014,
the excess, if any, of (A) the weighted average of the Pass-Through Rates on
REMIC III Regular Interests II-1A-1 and II-1A-2, weighted on the basis of the
Uncertificated Principal Balances of such REMIC III Regular Interests
immediately preceding the related Distribution Date, over (B) the weighted
average of the Pass-Through Rates on REMIC III Regular Interests II-1A-1 and
II-1A-2, weighted on the basis of the Uncertificated Principal Balances of
such
REMIC III Regular Interests immediately preceding the related Distribution
Date.
(9) On
or prior to the Distribution Date in May 2017, the Class II-2A-1 Certificates
and Class II-2A-2 Certificates will bear interest at a variable Pass-Through
Rate equal to the weighted average of the Net Rates of the Group II-2 Mortgage
Loans, weighted on the basis of the respective Scheduled Principal Balances
of
each such Mortgage Loan as of the beginning of the Due Period immediately
preceding the related Distribution Date, minus 0.061% per
annum. After the Distribution Date in May 2017, the Class II-2A-1
Certificates and Class II-2A-2 Certificates will bear interest at a variable
Pass-Through Rate equal to the weighted average of the Net Rates of the Group
II-2 Mortgage Loans. During each such period, for federal income tax
purposes the Class II-1A-1 Certificates and Class II-2A-2 Certificates will
bear
interest at a rate equivalent to the foregoing, calculated using the weighted
average of the Pass-Through Rates on REMIC III Regular Interests II-2A-1 and
II-2A-2, weighted on the basis of the Uncertificated Principal Balances of
such
REMIC III Regular Interests immediately preceding the related Distribution
Date,
in place of the weighted average of the Net Rates of the Group II-2 Mortgage
Loans.
(10) On
or prior to the Distribution Date in May 2017, the Class II-2X-1 Certificates
will bear interest at a fixed Pass-Through Rate equal to 0.061% per annum on
a
notional balance equal to the aggregate Current Principal Amount of the Class
II-2A-1 Certificates and Class II-2A-2 Certificates. After the
Distribution Date in May 2017, the Class II-2X-1 Certificates will not bear
any
interest. For federal income tax purposes, the Class II-2X-1
Certificates will bear interest at a rate equivalent to the foregoing, expressed
as (i) for any Distribution Date in or prior to May 2017, the excess, if any,
of
(x) the weighted average of the Pass-Through Rates on REMIC III Regular
Interests II-2A-1 and II-2A-2, weighted on the basis of the Uncertificated
Principal Balances of such REMIC III Regular Interests immediately preceding
the
related Distribution Date, over (y) the excess, if any, of (1) the weighted
average of the Pass-Through Rates on REMIC III Regular Interests II-2A-1 and
II-2A-2, weighted on the basis of the Uncertificated Principal Balances of
such
REMIC III Regular Interests immediately preceding the related Distribution
Date,
over (2) 0.061% per annum, and (ii) for any Distribution Date after May 2017,
the excess, if any, of (A) the weighted average of the Pass-Through Rates on
REMIC III Regular Interests II-2A-1 and II-2A-2, weighted on the basis of the
Uncertificated Principal Balances of such REMIC III Regular Interests
immediately preceding the related Distribution Date, over (B) the weighted
average of the Pass-Through Rates on REMIC III Regular Interests II-2A-1 and
II-2A-2, weighted on the basis of the Uncertificated Principal Balances of
such
REMIC III Regular Interests immediately preceding the related Distribution
Date.
(11) The
Class R-I, Class R-II, Class R-III and Class R-IV Certificates will not bear
interest.
(12) The
Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5 and Class I-B-6
Certificates will each bear interest at a variable Pass-Through Rate equal
to
the weighted average of the weighted average of the Net Rates of the Mortgage
Loans in Loan Group I-1 and Loan Group I-2, weighted in proportion to the
results of subtracting from the aggregate Scheduled Principal Balance of the
Group I Mortgage Loans of each such Loan Group, the aggregate Current Principal
Amount of the related Class or Classes of Group I Senior Certificates; provided
that, for federal income tax purposes such Certificates will bear interest
at a
rate equivalent to the foregoing, expressed as the weighted average of the
Pass-Through Rates on REMIC III Regular Interests X-X-0, X-X-0, X-X-0, X-X-0,
X-X-0 and I-B-6, weighted on the basis of the Uncertificated Principal Balances
of such REMIC III Regular Interests immediately preceding the related
Distribution Date.
(13) The
Class II-B-1, Class II-B-2, Class II-B-3, Class II-B-4, Class II-B-5 and Class
II-B-6 Certificates will each bear interest at a variable Pass-Through Rate
equal to the weighted average of the weighted average of the Net Rates of the
Mortgage Loans in Loan Group II-1 and Loan Group II-2, weighted in proportion
to
the results of subtracting from the aggregate Scheduled Principal Balance of
the
Group II Mortgage Loans of each such Loan Group, the aggregate Current Principal
Amount of the related Class or Classes of Group II Senior Certificates; provided
that, for federal income tax purposes such Certificates will bear interest
at a
rate equivalent to the foregoing, expressed as the weighted average of the
Pass-Through Rates on REMIC III Regular Interests XX-X-0, XX-X-0, XX-X-0,
XX-X-0, XX-X-0 and II-B-6, weighted on the basis of the Uncertificated Principal
Balances of such REMIC III Regular Interests immediately preceding the related
Distribution Date.
(d) 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
Mortgage Loan with the latest maturity date in the Trust Fund has been
designated as the “latest possible maturity date” for the REMIC I Regular
Interests and the Group I Certificates (other than the Class R-I
Certificates). 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 II Mortgage Loan with the latest maturity date in the Trust
Fund has been designated as the “latest possible maturity date” for the REMIC II
Regular Interests, the REMIC III Regular Interests and the Group II Certificates
(other than the Class R-II, Class R-III and Class R-IV
Certificates).
(e) With
respect to each Distribution Date, each Class of Certificates shall accrue
interest during the related Interest Accrual Period. With respect to each
Distribution Date and each such Class of Certificates, interest shall be
calculated, on the basis of a 360-day year comprised of twelve 30-day months,
based upon the respective Pass-Through Rate set forth, or determined as
provided, above and the Current Principal Amount (or Notional Amount in the
case
of the Interest Only Certificates) of such Class applicable to such Distribution
Date.
(f) The
Certificates shall be substantially in the forms set forth in Exhibits X-0,
X-0
and A-3. On original issuance, the Securities Administrator, as Certificate
Registrar, shall sign, countersign and shall deliver them at the direction
of
the Depositor. Pending the preparation of definitive Certificates of any Class,
the Certificate Registrar may sign and countersign temporary Certificates that
are printed, lithographed or typewritten, in authorized denominations for
Certificates of such Class, substantially of the tenor of the definitive
Certificates in lieu of which they are issued and with such appropriate
insertions, omissions, substitutions and other variations as the officers or
authorized signatories executing such Certificates may determine, as evidenced
by their execution of such Certificates. If temporary Certificates are issued,
the Depositor will cause definitive Certificates to be prepared without
unreasonable delay. After the preparation of definitive Certificates, the
temporary Certificates shall be exchangeable for definitive Certificates upon
surrender of the temporary Certificates at the office of the Certificate
Registrar, without charge to the Holder. Upon surrender for cancellation of
any
one or more temporary Certificates, the Certificate Registrar shall sign and
countersign and deliver in exchange therefor a like aggregate principal amount,
in authorized denominations for such Class, of definitive Certificates of the
same Class. Until so exchanged, such temporary Certificates shall in all
respects be entitled to the same benefits as definitive
Certificates.
(g) Each
Class of Book-Entry Certificates will be registered as a single Certificate
of
such Class held by a nominee of the Depository or the DTC Custodian, and
beneficial interests will be held by investors through the book-entry facilities
of the Depository in minimum denominations of, in the case of the Offered
Certificates (other than the Residual Certificates), $100,000 and in each case
increments of $1.00 in excess thereof, except that one Certificate of each
such
Class may be issued in a different amount so that the sum of the denominations
of all outstanding Certificates of such Class shall equal the Current Principal
Amount of such Class on the Closing Date. On the Closing Date, the Certificate
Registrar shall execute and countersign Physical Certificates all in an
aggregate principal amount that shall equal the Current Principal Amount of
such
Class on the Closing Date. The Private Certificates shall be issued in
certificated fully-registered form in minimum dollar denominations of $100,000
and integral multiples of $1.00 in excess thereof, except that one Private
Certificate of each Class may be issued in a different amount so that the sum
of
the denominations of all outstanding Private Certificates of such Class shall
equal the Current Principal Amount of such Class on the Closing
Date. The Residual Certificates shall each be issued in certificated
fully-registered form, each, in the denomination of $50. Each Class
of Global Certificates, if any, shall be issued in fully registered form in
minimum dollar denominations of $100,000 and integral multiples of $1.00 in
excess thereof, except that one Certificate of each Class may be in a different
denomination so that the sum of the denominations of all outstanding
Certificates of such Class shall equal the Current Principal Amount of such
Class on the Closing Date. On the Closing Date, the Certificate Registrar shall
execute and countersign (i) in the case of each Class of Offered Certificates,
the Certificate in the entire Current Principal Amount of the respective Class
and (ii) in the case of each Class of Private Certificates, Individual
Certificates all in an aggregate principal amount that shall equal the Current
Principal Amount of each such respective Class on the Closing Date. The
Certificates referred to in clause (i) and if at any time there are to be Global
Certificates, the Global Certificates shall be delivered by the Depositor to
the
Depository or pursuant to the Depository’s instructions, shall be delivered by
the Depositor on behalf of the Depository to and deposited with the DTC
Custodian. The Securities Administrator, as Certificate Registrar, shall sign
the Certificates by facsimile or manual signature and countersign them by manual
signature by one or more authorized signatories, each of whom shall be
Responsible Officers of the Certificate Registrar or its agent. A Certificate
bearing the manual and facsimile signatures of individuals who were the
authorized signatories of the Certificate Registrar or its agent at the time
of
issuance shall bind the Certificate Registrar, notwithstanding that such
individuals or any of them have ceased to hold such positions prior to the
delivery of such Certificate.
(h) No
Certificate shall be entitled to any benefit under this Agreement, or be valid
for any purpose, unless there appears on such Certificate the manually executed
countersignature of the Certificate Registrar or its agent, and such
countersignature upon any Certificate shall be conclusive evidence, and the
only
evidence, that such Certificate has been duly executed and delivered hereunder.
All Certificates issued on the Closing Date shall be dated the Closing Date.
All
Certificates issued thereafter shall be dated the date of their
countersignature.
(i) The
Closing Date is hereby designated as the “startup” day of each REMIC within the
meaning of Section 860G(a)(9) of the Code.
(j) For
federal income tax purposes, each REMIC shall have a tax year that is a calendar
year and shall report income on an accrual basis.
(k) The
Securities Administrator on behalf of the Trustee shall cause each REMIC to
timely elect to be treated as a REMIC under Section 860D of the Code. Any
inconsistencies or ambiguities in this Agreement or in the administration of
any
Trust established hereby shall be resolved in a manner that preserves the
validity of such elections.
(l) The
following legend shall be placed on the Residual Certificates, whether upon
original issuance or upon issuance of any other Certificate of any such Class
in
exchange therefor or upon transfer thereof:
THIS
CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR INDIRECTLY BY, OR ON BEHALF OF,
AN
EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT WHICH IS SUBJECT TO TITLE
I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, UNLESS THE PROPOSED
TRANSFEREE PROVIDES THE CERTIFICATE REGISTRAR WITH AN OPINION OF COUNSEL
ADDRESSED TO THE DEPOSITOR, TRUSTEE, CERTIFICATE REGISTRAR, MASTER SERVICER
AND
SECURITIES ADMINISTRATOR AND ON WHICH THEY MAY RELY THAT IS SATISFACTORY TO
THE
CERTIFICATE REGISTRAR THAT THE PURCHASE OF CERTIFICATES ON BEHALF OF SUCH PERSON
WILL NOT RESULT IN OR CONSTITUTE A NONEXEMPT PROHIBITED TRANSACTION, IS
PERMISSIBLE UNDER APPLICABLE LAW AND WILL NOT GIVE RISE TO ANY ADDITIONAL
OBLIGATIONS ON THE PART OF THE DEPOSITOR, THE MASTER SERVICER, THE SECURITIES
ADMINISTRATOR, CERTIFICATE REGISTRAR OR THE TRUSTEE.
The
following legend shall be placed upon the Private Certificates, whether upon
original issuance or upon issuance of any other Certificate of any such Class
in
exchange therefor or upon transfer thereof:
THIS
CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR INDIRECTLY BY, OR ON BEHALF OF,
AN
EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT WHICH IS SUBJECT TO TITLE
I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, UNLESS THE TRANSFEREE
CERTIFIES OR REPRESENTS THAT THE PROPOSED TRANSFER AND HOLDING OF A CERTIFICATE
AND THE SERVICING, MANAGEMENT AND OPERATION OF THE TRUST AND ITS ASSETS: (I)
WILL NOT RESULT IN ANY PROHIBITED TRANSACTION WHICH IS NOT COVERED UNDER AN
INDIVIDUAL OR CLASS PROHIBITED TRANSACTION EXEMPTION, INCLUDING, BUT NOT LIMITED
TO, PROHIBITED TRANSACTION CLASS EXEMPTION (“PTCE”) 84-14, XXXX 00-00, XXXX
00-0, XXXX 95-60 OR PTCE 96-23 AND (II) WILL NOT GIVE RISE TO ANY ADDITIONAL
OBLIGATIONS ON THE PART OF THE DEPOSITOR, THE SECURITIES ADMINISTRATOR, THE
CERTIFICATE REGISTRAR, THE MASTER SERVICER OR THE TRUSTEE, WHICH WILL BE DEEMED
REPRESENTED BY AN OWNER OF A BOOK-ENTRY CERTIFICATE OR A GLOBAL CERTIFICATE
OR
UNLESS THE OPINION SPECIFIED IN SECTION 5.07 OF THE AGREEMENT IS
PROVIDED.
Section
5.02 Registration
of Transfer and Exchange of Certificates.
(a) The
Certificate Registrar shall maintain at its Corporate Trust Office a Certificate
Register in which, subject to such reasonable regulations as it may prescribe,
the Certificate Registrar shall provide for the registration of Certificates
and
of transfers and exchanges of Certificates as herein provided.
(b) Subject
to Subsection 5.01(a) and, in the case of any Global Certificate or Physical
Certificate upon the satisfaction of the conditions set forth below, upon
surrender for registration of transfer of any Certificate at any office or
agency of the Certificate Registrar maintained for such purpose, the Certificate
Registrar shall sign, countersign and shall deliver, in the name of the
designated transferee or transferees, a new Certificate of a like Class and
aggregate Fractional Undivided Interest, but bearing a different
number.
(c) By
acceptance of an Individual Certificate, whether upon original issuance or
subsequent transfer, each holder of such a Certificate acknowledges the
restrictions on the transfer of such Certificate set forth in the Securities
Legend and agrees that it will transfer such a Certificate only as provided
herein. In addition to the provisions of Subsection 5.02(h), the following
restrictions shall apply with respect to the transfer and registration of
transfer of an Individual Certificate to a transferee that takes delivery in
the
form of an Individual Certificate:
(i) The
Certificate Registrar shall register the transfer of an Individual Certificate
if the requested transfer is being made to a transferee who has provided the
Certificate Registrar with a Rule 144A Certificate or comparable evidence as
to
its QIB status.
(ii) The
Certificate Registrar shall register the transfer of any Individual Certificate
if (x) the transferor has advised the Certificate Registrar in writing that
the
Certificate is being transferred to an Institutional Accredited Investor; and
(y) prior to the transfer the transferee furnishes to the Certificate Registrar
an Investment Letter (and the Certificate Registrar shall be fully protected
in
so doing), provided that, if based upon an Opinion of Counsel addressed to
the
Certificate Registrar to the effect that the delivery of (x) and (y) above
are
not sufficient to confirm that the proposed transfer is being made pursuant
to
an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and other applicable laws, the Certificate
Registrar shall as a condition of the registration of any such transfer require
the transferor to furnish such other certifications, legal opinions or other
information prior to registering the transfer of an Individual Certificate
as
shall be set forth in such Opinion of Counsel.
(d) Subject
to Subsection 5.02(h), so long as a Global Certificate of such Class is
outstanding and is held by or on behalf of the Depository, transfers of
beneficial interests in such Global Certificate, or transfers by holders of
Individual Certificates of such Class to transferees that take delivery in
the
form of beneficial interests in the Global Certificate, may be made only in
accordance with this Subsection 5.02(d) and in accordance with the rules of
the
Depository:
(i) In
the
case of a beneficial interest in the Global Certificate being transferred to
an
Institutional Accredited Investor, such transferee shall be required to take
delivery in the form of an Individual Certificate or Certificates and the
Certificate Registrar shall register such transfer only upon compliance with
the
provisions of Subsection 5.02(c)(ii).
(ii) In
the
case of a beneficial interest in a Class of Global Certificates being
transferred to a transferee that takes delivery in the form of an Individual
Certificate or Certificates of such Class, except as set forth in clause (i)
above, the Certificate Registrar shall register such transfer only upon
compliance with the provisions of Subsection 5.02(c)(i).
(iii) In
the
case of an Individual Certificate of a Class being transferred to a transferee
that takes delivery in the form of a beneficial interest in a Global Certificate
of such Class, the Certificate Registrar shall register such transfer if the
transferee has provided the Certificate Registrar with a Rule 144A Certificate
or comparable evidence as to its QIB status.
(iv) No
restrictions shall apply with respect to the transfer or registration of
transfer of a beneficial interest in the Global Certificate of a Class to a
transferee that takes delivery in the form of a beneficial interest in the
Global Certificate of such Class; provided that each such transferee shall
be
deemed to have made such representations and warranties contained in the Rule
144A Certificate as are sufficient to establish that it is a QIB.
(e) Subject
to Subsection 5.02(h), an exchange of a beneficial interest in a Global
Certificate of a Class for an Individual Certificate or Certificates of such
Class, an exchange of an Individual Certificate or Certificates of a Class
for a
beneficial interest in the Global Certificate of such Class and an exchange
of
an Individual Certificate or Certificates of a Class for another Individual
Certificate or Certificates of such Class (in each case, whether or not such
exchange is made in anticipation of subsequent transfer, and, in the case of
the
Global Certificate of such Class, so long as such Certificate is outstanding
and
is held by or on behalf of the Depository) may be made only in accordance with
this Subsection 5.02(e) and in accordance with the rules of the
Depository:
(i) A
holder
of a beneficial interest in a Global Certificate of a Class may at any time
exchange such beneficial interest for an Individual Certificate or Certificates
of such Class.
(ii) A
holder
of an Individual Certificate or Certificates of a Class may exchange such
Certificate or Certificates for a beneficial interest in the Global Certificate
of such Class if such holder furnishes to the Certificate Registrar a Rule
144A
Certificate or comparable evidence as to its QIB status.
(iii) A
holder
of an Individual Certificate of a Class may exchange such Certificate for an
equal aggregate principal amount of Individual Certificates of such Class in
different authorized denominations without any certification.
(f) (i) Upon
acceptance for exchange or transfer of an Individual Certificate of a Class
for
a beneficial interest in a Global Certificate of such Class as provided herein,
the Trustee shall cancel such Individual Certificate and shall (or shall request
the Depository to) endorse on the schedule affixed to the applicable Global
Certificate (or on a continuation of such schedule affixed to the Global
Certificate and made a part thereof) or otherwise make in its books and records
an appropriate notation evidencing the date of such exchange or transfer and
an
increase in the certificate balance of the Global Certificate equal to the
certificate balance of such Individual Certificate exchanged or transferred
therefor.
(ii) Upon
acceptance for exchange or transfer of a beneficial interest in a Global
Certificate of a Class for an Individual Certificate of such Class as provided
herein, the Certificate Registrar shall (or shall request the Depository to)
endorse on the schedule affixed to such Global Certificate (or on a continuation
of such schedule affixed to such Global Certificate and made a part thereof)
or
otherwise make in its books and records an appropriate notation evidencing
the
date of such exchange or transfer and a decrease in the certificate balance
of
such Global Certificate equal to the certificate balance of such Individual
Certificate issued in exchange therefor or upon transfer thereof.
(g) The
Securities Legend shall be placed on any Individual Certificate issued in
exchange for or upon transfer of another Individual Certificate or of a
beneficial interest in a Global Certificate.
(h) Subject
to the restrictions on transfer and exchange set forth in this Section 5.02,
the
holder of any Individual Certificate may transfer or exchange the same in whole
or in part (in an initial certificate balance equal to the minimum authorized
denomination set forth in Section 5.01(g) above or any integral multiple of
$1.00 in excess thereof) by surrendering such Certificate at the Certificate
Registrar Office, or at the office of any transfer agent, together with an
executed instrument of assignment and transfer satisfactory in form and
substance to the Certificate Registrar in the case of transfer and a written
request for exchange in the case of exchange. The holder of a beneficial
interest in a Global Certificate may, subject to the rules and procedures of
the
Depository, cause the Depository (or its nominee) to notify the Certificate
Registrar in writing of a request for transfer or exchange of such beneficial
interest for an Individual Certificate or Certificates. Following a proper
request for transfer or exchange, the Certificate Registrar shall, within five
Business Days of such request made at the Corporate Trust Office, sign,
countersign and deliver at the Corporate Trust Office, to the transferee (in
the
case of transfer) or holder (in the case of exchange) or send by first class
mail at the risk of the transferee (in the case of transfer) or holder (in
the
case of exchange) to such address as the transferee or holder, as applicable,
may request, an Individual Certificate or Certificates, as the case may require,
for a like aggregate Fractional Undivided Interest and in such authorized
denomination or denominations as may be requested. The presentation for transfer
or exchange of any Individual Certificate shall not be valid unless made at
the
Corporate Trust Office by the registered holder in person, or by a duly
authorized attorney-in-fact.
(i) At
the
option of the Certificateholders, Certificates may be exchanged for other
Certificates of authorized denominations of a like Class and aggregate
Fractional Undivided Interest, upon surrender of the Certificates to be
exchanged at the Corporate Trust Office; provided, however, that no Certificate
may be exchanged for new Certificates unless the original Fractional Undivided
Interest represented by each such new Certificate (i) is at least equal to
the
minimum authorized denomination or (ii) is acceptable to the Depositor as
indicated to the Trustee in writing. Whenever any Certificates are so
surrendered for exchange, the Certificate Registrar shall sign and countersign
and the Certificate Registrar shall deliver the Certificates which the
Certificateholder making the exchange is entitled to receive.
(j) If
the
Certificate Registrar so requires, every Certificate presented or surrendered
for transfer or exchange shall be duly endorsed by, or be accompanied by a
written instrument of transfer, with a signature guarantee, in form satisfactory
to the Certificate Registrar, duly executed by the holder thereof or his or
her
attorney duly authorized in writing.
(k) No
service charge shall be made for any transfer or exchange of Certificates,
but
the Certificate Registrar 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.
(l) The
Certificate Registrar shall cancel all Certificates surrendered for transfer
or
exchange but shall retain such Certificates in accordance with its standard
retention policy or for such further time as is required by the record retention
requirements of the Securities Exchange Act of 1934, as amended, and thereafter
may destroy such Certificates.
Section
5.03 Mutilated,
Destroyed, Lost or Stolen Certificates.
(a) If
(i)
any mutilated Certificate is surrendered to the Certificate Registrar, or the
Certificate Registrar receives evidence to its satisfaction of the destruction,
loss or theft of any Certificate, and (ii) there is delivered to the Certificate
Registrar such security or indemnity as it may require to save it harmless,
and
(iii) the Certificate Registrar has not received notice that such Certificate
has been acquired by a third Person, the Certificate Registrar shall sign,
countersign and deliver, in exchange for or in lieu of any such mutilated,
destroyed, lost or stolen Certificate, a new Certificate of like tenor and
Fractional Undivided Interest but in each case bearing a different number.
The
mutilated, destroyed, lost or stolen Certificate shall thereupon be canceled
of
record by the Certificate Registrar and shall be of no further effect and
evidence no rights.
(b) Upon
the
issuance of any new Certificate under this Section 5.03, the Certificate
Registrar 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 Certificate Registrar)
connected therewith. Any duplicate Certificate issued pursuant to this Section
5.03 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 Depositor,
the Paying Agent, the Certificate Registrar, the Trustee, the Securities
Administrator and any agent of the Depositor, the Paying Agent, the Certificate
Registrar, the Trustee or the Securities Administrator 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 6.01 and for all
other purposes whatsoever. Neither the Depositor, the Paying Agent, the
Certificate Registrar, the Securities Administrator nor any agent of the
Depositor, the Paying Agent, the Certificate Registrar, the Trustee or the
Securities Administrator shall be affected by notice to the contrary. No
Certificate shall be deemed duly presented for a transfer effective on any
Record Date unless the Certificate to be transferred is presented no later
than
the close of business on the third Business Day preceding such Record
Date.
Section
5.05 Transfer
Restrictions on Residual Certificates.
(a) No
transfer, sale or other disposition of a Residual Certificate (including a
beneficial interest therein) may be made unless, prior to the transfer, sale
or
other disposition of a Residual Certificate, (1) the proposed transferee
(including the initial purchasers thereof) delivers to the Securities
Administrator, the Trustee, the Certificate Registrar and the Depositor an
affidavit and agreement in the form attached hereto as Exhibit E-1 stating,
among other things, that as of the date of such transfer such transferee is
a
Permitted Transferee and a United States Person and that such transferee is
not
acquiring such Residual Certificate for the account of any Person who is not
a
Permitted Transferee or a United States Person (a “Transferee Affidavit”), and
(2) the proposed transferor delivers to the Securities Administrator, the
Trustee, the Certificate Registrar and the Depositor an affidavit in the form
attached hereto as Exhibit E-2 to the effect that it has no knowledge that
the
statements made by the proposed transferee in any such Transferee Affidavit
are
false (a “Transferor Affidavit”). The Tax Matters Person shall not consent to a
transfer of a Residual Certificate if it has actual knowledge that any statement
made in the Transferee Affidavit or Transferor Affidavit issued pursuant to
the
preceding sentence is not true. Notwithstanding any transfer, sale or other
disposition of a Residual Certificate to any Person who is not a Permitted
Transferee or a United States Person, such transfer, sale or other disposition
shall be deemed to be of no legal force or effect whatsoever and such Person
shall not be deemed to be a Holder of a Residual Certificate for any purpose
hereunder, including, but not limited to, the receipt of distributions thereon.
If any purported transfer shall be in violation of the provisions of this
Subsection 5.05(a), then the prior Holder thereof shall, upon discovery that
the
transfer of such Residual Certificate was not in fact permitted by this
Subsection 5.05(a), be restored to all rights as a Holder thereof retroactive
to
the date of the purported transfer. None of the Trustee, the Securities
Administrator, the Certificate Registrar or the Depositor shall be under any
liability to any Person for any registration or transfer of a Residual
Certificate that is not permitted by this Subsection 5.05(a) or for making
payments due on such Residual Certificate to the purported Holder thereof or
taking any other action with respect to such purported Holder under the
provisions of this Agreement so long as the related Transferee Affidavit and
Transferor Affidavit referred to above were received with respect to such
transfer, and the Securities Administrator, the Trustee, the Certificate
Registrar and the Depositor, as applicable, had no knowledge that they were
untrue. The prior Holder shall be entitled to recover from any purported Holder
of a Residual Certificate that was in fact not a permitted transferee under
this
Subsection 5.05(a) at the time it became a Holder all payments made on such
Residual Certificate. Each Holder of a Residual Certificate, by acceptance
thereof, shall be deemed for all purposes to have consented to the provisions
of
this Section 5.05 and to any amendment of this Agreement deemed necessary
(whether as a result of new legislation or otherwise) by counsel of the Tax
Matters Person, the Trustee, the Securities Administrator or the Depositor
to
ensure that the Residual Certificates are not transferred to any Person who
is
not a Permitted Transferee or a United States Person and that any transfer
of
such Residual Certificates will not cause the imposition of a tax upon the
Trust
or cause any REMIC to fail to qualify as a REMIC.
(b) The
Residual Certificates (including a beneficial interest therein) may not be
purchased by or transferred to any Person who is not a United States
Person.
(c) By
accepting a Residual Certificate, the purchaser thereof agrees to be a Tax
Matters Person, and appoints the Securities Administrator to act as its agent
with respect to all matters concerning the tax obligations of the
Trust.
Section
5.06 Restrictions
on Transferability of Certificates.
(a) No
offer,
sale, transfer or other disposition (including pledge) of any Certificate shall
be made by any Holder thereof unless registered under the Securities Act, or
an
exemption from the registration requirements of the Securities Act and any
applicable state securities or “Blue Sky” laws is available and the prospective
transferee (other than the Depositor) of such Certificate signs and delivers
to
the Certificate Registrar an Investment Letter, if the transferee is an
Institutional Accredited Investor, in the form set forth as Exhibit F-l hereto,
or a Rule 144A Certificate, if the transferee is a QIB, in the form set forth
as
Exhibit F-2 hereto. Notwithstanding the provisions of the immediately preceding
sentence, no restrictions shall apply with respect to the transfer or
registration of transfer of a beneficial interest in any Certificate that is
a
Global Certificate of a Class to a transferee that takes delivery in the form
of
a beneficial interest in the Global Certificate of such Class provided that
each
such transferee shall be deemed to have made such representations and warranties
contained in the Rule 144A Certificate as are sufficient to establish that
it is
a QIB. In the case of a proposed transfer of any Certificate to a transferee
other than a QIB, the Certificate Registrar may require an Opinion of Counsel
addressed to the Certificate Registrar that such transaction is exempt from
the
registration requirements of the Securities Act. The cost of such opinion shall
not be an expense of the Trustee or the Trust Fund.
(b) The
Private Certificates shall each bear a Securities Legend.
Section
5.07 ERISA
Restrictions.
(a) Subject
to the provisions of subsection (b), no Residual Certificates or Private
Certificates may be acquired directly or indirectly by, or on behalf of, an
employee benefit plan or other retirement arrangement which is subject to Title
I of ERISA or Section 4975 of the Code, unless the proposed transferee provides
either (i) the Securities Administrator, with an Opinion of Counsel addressed
to
the Depositor, the Trustee, the Certificate Registrar, the Master Servicer
and
the Securities Administrator (upon which they may rely) which is satisfactory
to
the Securities Administrator, which opinion will not be at the expense of the
Depositor, the Trustee, the Certificate Registrar, the Master Servicer or the
Securities Administrator, that the purchase of such Certificates by or on behalf
of such Plan is permissible under applicable law, will not constitute or result
in a nonexempt prohibited transaction under ERISA or Section 4975 of the Code
and will not subject the Depositor, the Master Servicer, the Certificate
Registrar, the Securities Administrator or the Trustee to any obligation in
addition to those undertaken in the Agreement or (ii) in the case of the Private
Certificates, a representation or certification to the Certificate Registrar
(upon which the Certificate Registrar is authorized to rely) to the effect
that
the proposed transfer and holding of such a Certificate and the servicing,
management and operation of the Trust: (I) will not result in a prohibited
transaction under Section 406 of ERISA or Section 4975 of the Code which is
not
covered under an individual or class prohibited transaction exemption including
but not limited to Department of Labor Prohibited Transaction Class Exemption
(“PTCE”) 84-14 (Class Exemption for Plan Asset Transactions Determined by
Independent Qualified Professional Asset Managers); PTCE 91-38 (Class Exemption
for Certain Transactions Involving Bank Collective Investment Funds); PTCE
90-1
(Class Exemption for Certain Transactions Involving Insurance Company Pooled
Separate Accounts), PTCE 95-60 (Class Exemption for Certain Transactions
Involving Insurance Company General Accounts), and PTCE 96-23 (Class Exemption
for Plan Asset Transactions Determined by In-House Asset Managers) and (II)
will
not subject the Depositor, the Securities Administrator, the Master Servicer
or
the Trustee to any obligation in addition to those undertaken in the
Agreement.
(b) Any
Person acquiring an interest in a Global Certificate which is a Private
Certificate, by acquisition of such Certificate, shall be deemed to have
represented to the Trustee that either: (i) it is not acquiring an interest
in
such Certificate directly or indirectly by, or on behalf of, an employee benefit
plan or other retirement arrangement which is subject to Title I of ERISA or
Section 4975 of the Code, or (ii) the transfer and holding of an interest in
such Certificate to that Person and the subsequent servicing, management and
operation of the Trust and its assets: (I) will not result in any prohibited
transaction which is not covered under an individual or class prohibited
transaction exemption, including, but not limited to, XXXX 00-00, XXXX 00-00,
XXXX 00-0, XXXX 95-60 or PTCE 96-23 and (II) will not subject the Depositor,
the
Securities Administrator, the Master Servicer or the Trustee to any obligation
in addition to those undertaken in the Agreement.
(c) Each
beneficial owner of a Class I-B-1, Class I-B-2, Class I-B-3, Class II-B-1,
Class
II-B-2 or Class II-B-3 Certificate or any interest therein shall be deemed
to
have represented, by virtue of its acquisition or holding of that certificate
or
interest therein, that either (i) it is not a Plan or investing with “Plan
Assets” within the meaning of Department of Labor Regulation Section 29 C.F.R.
2510.3-101, as modified by Section 3(42) of ERISA, (ii) it has acquired and
is
holding such certificate in reliance on Prohibited Transaction Exemption 90-30,
as amended from time to time (the “Exemption”), and that it understands that
there are certain conditions to the availability of the Exemption, including
that the certificate must be rated, at the time of purchase, not lower than
“BBB-” (or its equivalent) by S&P, Moody’s, Fitch, Dominion Bond Rating
Service Limited (known as DBRS Limited) or Bond Rating Service, Inc. (know
as
DBRS, Inc.), and the certificate is so rated or (iii) (1) it is an insurance
company, (2) the source of funds used to acquire or hold the certificate or
interest therein is an “insurance company general account,” as such term is
defined in Prohibited Transaction Class Exemption (“PTCE”) 95-60, and (3) the
conditions in Sections I and III of PTCE 95-60 have been satisfied.
(d) Neither
the Trustee, the Certificate Registrar, the Master Servicer nor the Securities
Administrator will be required to monitor, determine or inquire as to compliance
with the transfer restrictions with respect to the Global Certificates. Any
attempted or purported transfer of any Certificate in violation of the
provisions of Subsections (a) or (b) above shall be void ab initio and such
Certificate shall be considered to have been held continuously by the prior
permitted Certificateholder. Any transferor of any Certificate in violation
of
such provisions, shall indemnify and hold harmless the Trustee, the Certificate
Registrar, the Securities Administrator and the Master Servicer from and against
any and all liabilities, claims, costs or expenses incurred by the Trustee,
the
Certificate Registrar, the Securities Administrator or the Master Servicer
as a
result of such attempted or purported transfer. Neither the Trustee nor the
Certificate Registrar shall be liable for transfer of any such Global
Certificates in or through book-entry facilities of any Depository or between
or
among Depository Participants or Certificate Owners made in violation of the
transfer restrictions set forth herein.
Section
5.08 Rule
144A
Information.
For
so
long as any Certificates are outstanding and are “restricted securities” within
the meaning of Rule 144(a)(3) of the Securities Act, (1) the Depositor will
provide or cause to be provided to any holder of such Certificates and any
prospective purchaser thereof designated by such a holder, upon the request
of
such holder or prospective purchaser, the information required to be provided
to
such holder or prospective purchaser by Rule 144A(d)(4) under the Securities
Act; and (2) the Depositor shall update such information from time to time
in
order to prevent such information from becoming false and misleading and will
take such other actions as are necessary to ensure that the safe harbor
exemption from the registration requirements of the Securities Act under Rule
144A is and will be available for resales of such Certificates conducted in
accordance with Rule 144A.
Section
5.09 Appointment
of Paying Agent and Certificate Registrar.
Xxxxx
Fargo Bank, N.A., as Securities Administrator, shall act as the initial Paying
Agent and Certificate Registrar for so long as it is also the Master Servicer.
Each of the Paying Agent and the Certificate Registrar may resign upon thirty
(30) days’ prior written notice to the Trustee; provided hereto that no such
resignation shall be effective until the appointment of a successor paying
agent
or certificate registrar. In the event the Paying Agent and/or the Certificate
Registrar resigns or is removed for cause, the Depositor may appoint a successor
paying agent or certificate registrar, as applicable. The Depositor shall cause
such successor paying agent, if other than the Trustee or the Master Servicer
or
the Securities Administrator, to execute and deliver to the Depositor and the
Trustee an instrument in which such paying agent shall agree with the Depositor
and the Trustee that such paying agent will hold all sums held by it for the
payment to Certificateholders in trust for the benefit of the Certificateholders
entitled thereto until such sums have been paid to the
Certificateholders.
ARTICLE
VI
PAYMENTS
TO CERTIFICATEHOLDERS
Section
6.01 Distributions
on the Certificates.
(a) Interest
and principal (as applicable) on the Certificates (other than the Residual
Certificates) will be distributed monthly on each Distribution Date, commencing
in June 2007, in an amount equal to the related Available Funds on deposit
in
the Distribution Account for such Distribution Date. In addition, on
the Distribution Date occurring in June 2007, the Class R-I Deposit will be
distributed to the Holders of the Class R-I Certificates, the Class R-II Deposit
will be distributed to the Holders of the Class R-II Certificates, the Class
R-III Deposit will be distributed to the Holders of the Class R-III Certificates
and the Class R-IV Deposit will be distributed to the Holders of the Class
R-IV
Certificates. On each Distribution Date, the Available Funds on
deposit in the Distribution Account shall be distributed as
follows:
(i) With
respect to the Group I Certificates:
(A) on
each Distribution Date, the Group I-1 Available Funds will be distributed to
the
Group I-1 Senior Certificates as follows:
first,
to the Class I-1A-1, Class I-1A-2 and Class I-1X-1 Certificates, on a pro rata
basis, the Accrued Certificate Interest on such Classes for such Distribution
Date. As described below, accrued interest on the Class I-1A-1, Class I-1A-2
and
Class I-1X-1 Certificates is subject to reduction in the event of certain Net
Interest Shortfalls allocable thereto;
second,
to the Class I-1A-1, Class I-1A-2 and Class I-1X-1 Certificates, on a pro rata
basis, any Accrued Certificate Interest thereon remaining undistributed from
previous Distribution Dates, to the extent of remaining Group I-1 Available
Funds; and
third,
to the Class I-1A-1 Certificates and Class I-1A-2 Certificates, on a pro rata
basis, in reduction of the Current Principal Amounts thereof, the Senior Optimal
Principal Amount for the Group I-1 Senior Certificates for such Distribution
Date, to the extent of remaining Group I-1 Available Funds, until the Current
Principal Amounts of such Classes have been reduced to zero.
(B) on
each Distribution Date, the Group I-2 Available Funds will be distributed to
the
Group I-2 Senior Certificates as follows:
first,
to the Class I-2A-1, Class I-2A-2 and Class I-2X-1 Certificates, on a pro rata
basis, the Accrued Certificate Interest on such Class for such Distribution
Date. As described below, accrued interest on the Class I-2A-1, Class I-2A-2
and
Class I-2X-1 Certificates is subject to reduction in the event of certain Net
Interest Shortfalls allocable thereto;
second,
to the Class I-2A-1, Class I-2A-2 and Class I-2X-1 Certificates, on a pro rata
basis, any Accrued Certificate Interest thereon remaining undistributed from
previous Distribution Dates, to the extent of remaining Group I-2 Available
Funds; and
third,
to the Class I-2A-1 Certificates and Class I-2A-2 Certificates, on a pro rata
basis, in reduction of the Current Principal Amounts thereof, the Senior Optimal
Principal Amount for the Group I-2 Senior Certificates for such Distribution
Date, to the extent of remaining Group I-2 Available Funds, until the Current
Principal Amounts of such Classes have been reduced to zero.
(C) Except
as provided in clauses (D) and (E) below, on each Distribution Date on or prior
to the Group I Cross-Over Date, an amount equal to the sum of any remaining
Group I-1 Available Funds and Group I-2 Available Funds after the distributions
in clauses (A) and (B) above will be distributed sequentially, in the following
order, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5
and Class I-B-6 Certificates, in each case up to an amount equal to and in
the
following order: (A) the Accrued Certificate Interest thereon for such
Distribution Date, (B) any Accrued Certificate Interest thereon remaining
undistributed from previous Distribution Dates and (C) such Class’s Allocable
Share for such Distribution Date, in each case, to the extent of remaining
Group
I-1 Available Funds and Group I-2 Available Funds.
(D) On
each Distribution Date prior to the Group I Cross-Over Date but after the
reduction of the Current Principal Amount of all of the Group I Senior
Certificates of a Certificate Group to zero, the remaining Class or Classes
of
Group I Senior Certificates in the remaining Certificate Group related to Loan
Group I will be entitled to receive in reduction of their Current Principal
Amounts, pro rata based upon their Current Principal Amounts immediately prior
to such Distribution Date, in addition to any Principal Prepayments related
to
such remaining Group I Senior Certificates’ respective Loan Group allocated to
such Group I Senior Certificates, 100% of the Principal Prepayments on any
Group
I Mortgage Loan in the Loan Group relating to the Class or Classes of Group
I
Senior Certificates of the fully repaid Certificate Group; provided, however,
that if (A) the weighted average of the Subordinate Percentages of the Group
I
Subordinate Certificates on such Distribution Date equals or exceeds two times
the initial weighted average of the Subordinate Percentages of the Group I
Subordinate Certificates and (B) the aggregate Scheduled Principal Balance
of
the Group I Mortgage Loans Delinquent 60 days or more (including for this
purpose any such Group I Mortgage Loans in foreclosure and bankruptcy and Group
I Mortgage Loans with respect to which the related Mortgaged Property has been
acquired by the Trust), averaged over the last six months, as a percentage
of
the aggregate Current Principal Amount of the Group I Subordinate Certificates
does not exceed 50%, then the additional allocation of Principal Prepayments
to
the Group I-1 Senior Certificates and Group I-2 Senior Certificates in
accordance with this clause (D) will not be made and 100% of the Principal
Prepayments on any Group I Mortgage Loan in the Loan Group relating to the
fully
repaid Class or Classes of Group I Senior Certificates will be allocated to
the
Group I Subordinate Certificates.
(E) If
on any Distribution Date on which the aggregate Current Principal Amount of
the
Group I-1 Senior Certificates or Group I-2 Senior Certificates, as applicable,
would be greater than the aggregate Scheduled Principal Balance of the Group
I
Mortgage Loans in the related Loan Group and any Group I Subordinate
Certificates are still outstanding, in each case after giving effect to
distributions to be made on such Distribution Date, (A) 100% of amounts
otherwise allocable to the Group I Subordinate Certificates in respect of
principal will be distributed to the Group I-1 Senior Certificates or Group
I-2
Senior Certificates, pro rata, based upon their Current Principal Amounts
immediately prior to such Distribution Date, in reduction of the Current
Principal Amounts thereof, until the aggregate Current Principal Amount of
such
Group I-1 Senior Certificates or Group I-2 Senior Certificates is an amount
equal to the aggregate Scheduled Principal Balance of the Group I Mortgage
Loans
in the related Loan Group, and (B) the Accrued Certificate Interest otherwise
allocable to the Group I Subordinate Certificates on such Distribution Date
will
be reduced, if necessary, and distributed to such Class or Classes of Group
I
Senior Certificates in an amount equal to the Accrued Certificate Interest
for
such Distribution Date on the excess of (x) the aggregate Current Principal
Amount of such Class or Classes of Group I Senior Certificates over (y) the
aggregate Scheduled Principal Balance of the Group I Mortgage Loans in the
related Loan Group. Any such reduction in the Accrued Certificate Interest
on
the Group I Subordinate Certificates will be allocated in reverse order of
the
Group I Subordinate Certificates’ numerical designations, commencing with the
Class I-B-6 Certificates.
(F) If,
after distributions have been made pursuant to priorities first and
second of clauses (A) and (B) above on any Distribution Date,
the
remaining Group I-1 Available Funds or Group I-2 Available Funds are less than
the Group I-1 Senior Optimal Principal Amounts and Group I-2 Senior Optimal
Principal Amounts for the Group I-1 Senior Certificates or Group I-2 Senior
Certificates, as applicable, the Senior Optimal Principal Amount for such Loan
Group shall be reduced, and such remaining related Available Funds will be
distributed on the related Group I Senior Certificates, on a pro rata basis,
on
the basis of such reduced amount.
(G) On
each Distribution Date, any Group I Available Funds remaining after payment
of
interest and principal to the Classes of Certificates entitled thereto, as
described above, will be distributed to the Class R-I Certificates; provided
that if on any Distribution Date there are any Group I-1 Available Funds and
Group I-2 Available Funds remaining after payment of interest and principal
to a
Class or Classes of Certificates entitled thereto, such amounts will be
distributed to the other Classes of Group I Senior Certificates, pro rata,
based
upon their Current Principal Amounts, until all amounts due to all Classes
of
Group I Senior Certificates have been paid in full, before any amounts are
distributed to the Class R-I Certificates.
(ii) With
respect to the Group II Certificates:
(A) on
each Distribution Date, the Group II-1 Available Funds will be distributed
to
the Group II-1 Senior Certificates as follows:
first,
to the Class II-1A-1, Class II-1A-2 and Class II-1X-1 Certificates, on a pro
rata basis, the Accrued Certificate Interest on such Classes for such
Distribution Date. As described below, accrued interest on the Class II-1A-1,
Class II-1A-2 and Class II-1X-1 Certificates is subject to reduction in the
event of certain Net Interest Shortfalls allocable thereto;
second,
to the Class II-1A-1, Class II-1A-2 and Class II-1X-1 Certificates, on a pro
rata basis, any Accrued Certificate Interest thereon remaining undistributed
from previous Distribution Dates, to the extent of remaining Group II-1
Available Funds; and
third,
to the Class II-1A-1 Certificates and Class II-1A-2 Certificates, on a pro
rata
basis, in reduction of the Current Principal Amounts thereof, the Senior Optimal
Principal Amount for the Group II-1 Senior Certificates for such Distribution
Date, to the extent of remaining Group II-1 Available Funds, until the Current
Principal Amounts of such Classes have been reduced to zero.
(B) on
each Distribution Date, the Group II-2 Available Funds will be distributed
to
the Group II-2 Senior Certificates as follows:
first,
to the Class II-2A-1, Class II-2A-2 and Class II-2X-1 Certificates, on a pro
rata basis, the Accrued Certificate Interest on such Class for such Distribution
Date. As described below, accrued interest on the Class II-2A-1, Class II-2A-2,
Class II-2X-1 Certificates is subject to reduction in the event of certain
Net
Interest Shortfalls allocable thereto;
second,
to the Class II-2A-1, Class II-2A-2 and Class II-2X-1 Certificates, on a pro
rata basis, any Accrued Certificate Interest thereon remaining undistributed
from previous Distribution Dates, to the extent of remaining Group II-2
Available Funds; and
third,
to the Class II-2A-1 Certificates and Class II-2A-2 Certificates, on a pro
rata
basis, in reduction of the Current Principal Amounts thereof, the Senior Optimal
Principal Amount for the Group II-2 Senior Certificates for such Distribution
Date, to the extent of remaining Group II-2 Available Funds, until the Current
Principal Amounts of such Classes have been reduced to zero.
(C) Except
as provided in clauses (D) and (E) below, on each Distribution Date on or prior
to the Group II Cross-Over Date, an amount equal to the sum of any remaining
Group II-1 Available Funds and Group II-2 Available Funds after the
distributions in clauses (A) and (B) above will be distributed sequentially,
in
the following order, to the Class II-B-1, Class II-B-2, Class II-B-3, Class
II-B-4, Class II-B-5 and Class II-B-6 Certificates, in each case up to an amount
equal to and in the following order: (A) the Accrued Certificate Interest
thereon for such Distribution Date, (B) any Accrued Certificate Interest thereon
remaining undistributed from previous Distribution Dates and (C) such Class’s
Allocable Share for such Distribution Date, in each case, to the extent of
remaining Group II-1 Available Funds and Group II-2 Available
Funds.
(D) On
each Distribution Date prior to the Group II Cross-Over Date but after the
reduction of the Current Principal Amount of all of the Group II Senior
Certificates of a Certificate Group to zero, the remaining Class or Classes
of
Group II Senior Certificates in the remaining Certificate Group for Loan Group
II will be entitled to receive in reduction of their Current Principal Amounts,
pro rata based upon their Current Principal Amounts immediately prior to such
Distribution Date, in addition to any Principal Prepayments related to such
remaining Group II Senior Certificates’ respective Loan Group allocated to such
Group II Senior Certificates, 100% of the Principal Prepayments on any Group
II
Mortgage Loan in the Loan Group relating to the Class or Classes of Group II
Senior Certificates of the fully repaid Certificate Group; provided, however,
that if (A) the weighted average of the Subordinate Percentages of the Group
II
Subordinate Certificates on such Distribution Date equals or exceeds two times
the initial weighted average of the Subordinate Percentages of the Group II
Subordinate Certificates and (B) the aggregate Scheduled Principal Balance
of
the Group II Mortgage Loans Delinquent 60 days or more (including for this
purpose any such Group II Mortgage Loans in foreclosure and bankruptcy and
Group
II Mortgage Loans with respect to which the related Mortgaged Property has
been
acquired by the Trust), averaged over the last six months, as a percentage
of
the aggregate Current Principal Amount of the Group II Subordinate Certificates
does not exceed 50%, then the additional allocation of Principal Prepayments
to
the Group II-1 Senior Certificates and Group II-2 Senior Certificates in
accordance with this clause (D) will not be made and 100% of the Principal
Prepayments on any Group II Mortgage Loan in the Loan Group relating to the
fully repaid Class or Classes of Group II Senior Certificates will be allocated
to the Group II Subordinate Certificates.
(E) If
on any Distribution Date on which the aggregate Current Principal Amount of
the
Group II-1 Senior Certificates or Group II-2 Senior Certificates, as applicable,
would be greater than the aggregate Scheduled Principal Balance of the Group
II
Mortgage Loans in the related Loan Group and any Group II Subordinate
Certificates are still outstanding, in each case after giving effect to
distributions to be made on such Distribution Date, (A) 100% of amounts
otherwise allocable to the Group II Subordinate Certificates in respect of
principal will be distributed to the Group II-1 Senior Certificates or Group
II-2 Senior Certificates, pro rata, based upon their Current Principal Amounts
immediately prior to such Distribution Date, in reduction of the Current
Principal Amounts thereof, until the aggregate Current Principal Amount of
such
Group II-1 Senior Certificates or Group II-2 Senior Certificates is an amount
equal to the aggregate Scheduled Principal Balance of the Group II Mortgage
Loans in the related Loan Group, and (B) the Accrued Certificate Interest
otherwise allocable to the Subordinate Certificates on such Distribution Date
will be reduced, if necessary, and distributed to such Class or Classes of
Group
II Senior Certificates in an amount equal to the Accrued Certificate Interest
for such Distribution Date on the excess of (x) the aggregate Current Principal
Amount of such Class or Classes of Group II Senior Certificates over (y) the
aggregate Scheduled Principal Balance of the Group II Mortgage Loans in the
related Loan Group. Any such reduction in the Accrued Certificate Interest
on
the Group II Subordinate Certificates will be allocated in reverse order of
the
Group II Subordinate Certificates’ numerical designations, commencing with the
Class II-B-6 Certificates.
(F) If,
after distributions have been made pursuant to priorities first and
second of clauses (A) and (B) above on any Distribution Date,
the
remaining Group II-1 Available Funds or Group II-2 Available Funds are less
than
the Group II-1 Senior Optimal Principal Amounts or Group II-2 Senior Optimal
Principal Amounts for the Group II-1 Senior Certificates and Group II-2 Senior
Certificates, as applicable, the Senior Optimal Principal Amount for such Loan
Group shall be reduced, and such remaining related Available Funds will be
distributed on the related Group II Senior Certificates, on a pro rata basis,
on
the basis of such reduced amount.
(G) On
each Distribution Date, any Group II Available Funds remaining after payment
of
interest and principal to the Classes of Certificates entitled thereto, as
described above, will be distributed to the Class R-II, Class R-III and Class
R-IV Certificates; provided that if on any Distribution Date there are any
Group
II-1 Available Funds and Group II-2 Available Funds remaining after payment
of
interest and principal to a Class or Classes of Certificates entitled thereto,
such amounts will be distributed to the other Classes of Group II Senior
Certificates, pro rata, based upon their Current Principal Amounts, until all
amounts due to all Classes of Group I Senior Certificates have been paid in
full, before any amounts are distributed to the Class R-II, Class R-III and
Class R-IV Certificates..
(b) For
any
Distribution Date, “pro rata” distributions among Classes of Certificates in
respect of Accrued Certificate Interest or unpaid Accrued Certificate Interest
will be made in proportion to the amount of Accrued Certificate Interest or
unpaid Accrued Certificate Interest, respectively, due on such Classes for
such
Distribution Date. For any Distribution Date, “pro rata”
distributions among Classes of Certificates in respect of principal will be
made
in proportion to the Current Principal Amount of such Classes immediately prior
to such Distribution Date.
(c) No
Accrued Certificate Interest will be payable with respect to any Class of
Certificates after the Distribution Date on which the Current Principal Amount
of such Certificate has been reduced to zero.
(d) If
on any
Distribution Date the Available Funds for the Senior Certificates in any
Certificate Group is less than the Accrued Certificate Interest on the related
Senior Certificates for such Distribution Date prior to reduction for related
Net Interest Shortfalls and the interest portion of related Realized Losses,
the
shortfall will be allocated among the holders of each Class of Senior
Certificates in such Certificate Group in proportion to the respective amounts
of Accrued Certificate Interest that would have been allocated thereto in the
absence of such Net Interest Shortfalls and/or Realized Losses for such
Distribution Date. In addition, the amount of any interest shortfalls will
constitute unpaid Accrued Certificate Interest and will be distributable to
holders of the Certificates of the related Classes entitled to such amounts
on
subsequent Distribution Dates, to the extent of the applicable related Available
Funds after current interest distributions as required herein. Any such amounts
so carried forward will not bear interest. Shortfalls in interest payments
will
not be offset by a reduction in the servicing compensation of the Master
Servicer or otherwise, except to the extent of applicable Compensating Interest
Payments.
(e) The
expenses and fees of the Trust shall be paid by each of the REMICs, to the
extent that such expenses relate to the assets of each of such respective
REMICs, and all other expenses and fees of the Trust shall be paid pro rata
by
each of the REMICs.
Section
6.02 Allocation
of Losses.
(a) On
or
prior to each Determination Date, the Master Servicer shall determine the amount
of any Realized Loss in respect of each Mortgage Loan that occurred during
the
immediately preceding calendar month, based on information provided by the
related Servicer.
(b) With
respect to any Group I Certificates on any Distribution Date, the principal
portion of each Realized Loss on a Group I Mortgage Loan shall be allocated
as
follows:
first,
to the Class I-B-6 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
second,
to the Class I-B-5 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
third,
to the Class I-B-4 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
fourth,
to the Class I-B-3 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
fifth,
to the Class I-B-2 Certificates until the Current Principal Amount thereof
has
been reduced to zero; and
sixth,
to the Class I-B-1 Certificates until the Current Principal Amount thereof
has
been reduced to zero.
Thereafter,
the principal portion of Realized Losses on the Group I-1 Mortgage Loans and
Group I-2 Mortgage Loans will be allocated on any Distribution Date to the
Class
or Classes of Group I Senior Certificates of the related Certificate Group,
pro
rata, based upon their respective Current Principal Amounts; provided, however,
any such Realized Losses otherwise allocable to the Class I-1A-1 Certificates
will be allocated to the Class I-1A-2 Certificates, until the Current Principal
Amount of that Class has been reduced to zero, and then to the Class I-1A-1
Certificates, and such Realized Losses otherwise allocable to the Class I-2A-1
Certificates will be allocated to the Class I-2A-2 Certificates, until the
Current Principal Amount of that Class has been reduced to zero, and then to
the
Class I-2A-1 Certificates. Once the Current Principal Amounts of the
Group I Senior Certificates of a Certificate Group have been reduced to zero,
the principal portion of Realized Losses on the Group I Mortgage Loans in the
related Loan Group (if any) will be allocated on a pro rata basis to the
remaining Group I Senior Certificates of the other Certificate Group related
to
Loan Group I.
(c) With
respect to any Group II Certificates on any Distribution Date, the principal
portion of each Realized Loss on a Group II Mortgage Loan shall be allocated
as
follows:
first,
to the Class II-B-6 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
second,
to the Class II-B-5 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
third,
to the Class II-B-4 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
fourth,
to the Class II-B-3 Certificates until the Current Principal Amount thereof
has
been reduced to zero;
fifth,
to the Class II-B-2 Certificates until the Current Principal Amount thereof
has
been reduced to zero; and
sixth,
to the Class II-B-1 Certificates until the Current Principal Amount thereof
has
been reduced to zero.
Thereafter,
the principal portion of Realized Losses on the Group II-1 Mortgage Loans and
Group II-2 Mortgage Loans will be allocated on any Distribution Date to the
Class or Classes of Group II Senior Certificates of the related Certificate
Group, pro rata, based upon their respective Current Principal Amounts;
provided, however, any such Realized Losses otherwise allocable to the Class
II-1A-1 Certificates will be allocated to the Class II-1A-2 Certificates, until
the Current Principal Amount of that Class has been reduced to zero, and then
to
the Class II-1A-1 Certificates, and such Realized Losses otherwise allocable
to
the Class II-2A-1 Certificates will be allocated to the Class II-2A-2
Certificates, until the Current Principal Amount of that Class has been reduced
to zero, and then to the Class II-2A-1 Certificates. Once the Current
Principal Amounts of the Group II Senior Certificates of a Certificate Group
have been reduced to zero, the principal portion of Realized Losses on the
Group
II Mortgage Loans in the related Loan Group (if any) will be allocated on a
pro
rata basis to the remaining Group II Senior Certificates of the other
Certificate Group related to Loan Group II.
(d) Notwithstanding
the foregoing clause (b), no such allocation of any Realized Loss shall be
made
on a Distribution Date to any Class of Group I Certificates to the extent that
such allocation would result in the reduction of the aggregate Current Principal
Amount of all the Group I Certificates (other than the Class R-I Certificates)
as of such Distribution Date, after giving effect to all distributions and
prior
allocations of Realized Losses on the Group I Mortgage Loans on such date,
to an
amount less than the aggregate Scheduled Principal Balance of all of the Group
I
Mortgage Loans as of the first day of the month of such Distribution Date (such
limitation, the “Group I Loss Allocation Limitation”), and notwithstanding the
foregoing clause (c), no such allocation of any Realized Loss shall be made
on a
Distribution Date to any Class of Group II Certificates to the extent that
such
allocation would result in the reduction of the aggregate Current Principal
Amount of all the Group II Certificates (other than the Class R-II, Class R-III
and Class R-IV Certificates) as of such Distribution Date, after giving effect
to all distributions and prior allocations of Realized Losses on the Group
II
Mortgage Loans on such date, to an amount less than the aggregate Scheduled
Principal Balance of all of the Group II Mortgage Loans as of the first day
of
the month of such Distribution Date (such limitation, the “Group II Loss
Allocation Limitation”).
(e) Any
Realized Losses allocated to a Class of Certificates shall be allocated among
the Certificates of such Class in proportion to their respective Current
Principal Amounts. Any allocation of Realized Losses shall be accomplished
by
reducing the Current Principal Amount of the related Certificates on the related
Distribution Date.
(f) Realized
Losses shall be allocated on the Distribution Date in the month following the
month in which such loss was incurred and, in the case of the principal portion
thereof, after giving effect to distributions made on such Distribution
Date.
(g) On
each
Distribution Date, the Securities Administrator shall determine and notify
the
Paying Agent of the Group I Subordinate Certificate Writedown Amount and the
Group II Subordinate Certificate Writedown Amount. Any Group I Subordinate
Certificate Writedown Amount shall effect a corresponding reduction in the
Current Principal Amount of (i) if prior to the Group I Cross-Over Date, the
Current Principal Amounts of the Group I Subordinate Certificates, in the
reverse order of their numerical Class designations and (ii) from and after
the
Group I Cross-Over Date, the Group I Senior Certificates, in accordance with
priorities set forth in clause (b) above, which reduction shall occur on such
Distribution Date after giving effect to distributions made on such Distribution
Date. Any Group II Subordinate Certificate Writedown Amount shall effect a
corresponding reduction in the Current Principal Amount of (i) if prior to
the
Group II Cross-Over Date, the Current Principal Amounts of the Group II
Subordinate Certificates, in the reverse order of their numerical Class
designations and (ii) from and after the Group II Cross-Over Date, the Group
II
Senior Certificates, in accordance with priorities set forth in clause (c)
above, which reduction shall occur on such Distribution Date after giving effect
to distributions made on such Distribution Date.
(h) Any
Net
Interest Shortfall will be allocated among the related Classes of Certificates
(other than the Residual Certificates) in proportion to the respective amounts
of Accrued Certificate Interest that would have been allocated thereto in the
absence of such Net Interest Shortfall for such Distribution Date. The interest
portion of any Realized Losses with respect to the Group I Mortgage Loans or
Group II Mortgage Loans occurring on or prior to the Group I Cross-Over Date
or
Group II Cross-Over Date, respectively, will not be allocated among any
Certificates, but will reduce the amount of Group I Available Funds or Group
II
Available Funds, respectively, on the related Distribution Date. As a result
of
the subordination of the Group I Subordinate Certificates and Group II
Subordinate Certificates in right of distribution, such Realized Losses on
the
Group I Mortgage Loans and Group II Mortgage Loans will be borne by the related
Group I Subordinate Certificates and Group II Subordinate Certificates, in
inverse order of their numerical Class designations. Following the Group I
Cross-Over Date, the interest portion of Realized Losses on the Group I Mortgage
Loans will be allocated to the Group I Senior Certificates in the manner
described in the first sentence of this clause (h). Following the Group II
Cross-Over Date, the interest portion of Realized Losses on the Group II
Mortgage Loans will be allocated to the Group II Senior Certificates in the
manner described in the first sentence of this clause (h).
(i) In
addition, in the event that the Master Servicer receives any Subsequent
Recoveries from a Servicer, the Master Servicer shall deposit such funds into
the Master Servicer Collection Account pursuant to Section 4.03. 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 Current Principal Amount of the Class of Subordinate Certificates
with the highest payment priority to which Realized Losses have been allocated,
but not by more than the amount of Realized Losses previously allocated to
that
Class of Subordinate Certificates pursuant to this Section 6.02. The amount
of
any remaining Subsequent Recoveries will be applied to sequentially increase
the
Current Principal Amount of the Subordinate Certificates, beginning with the
Class of Subordinate Certificates with the next highest payment priority, up
to
the amount of such Realized Losses previously allocated to such Class of
Certificates pursuant to this Section 6.02. Holders of such Certificates will
not be entitled to any payment in respect of current 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
Current Principal Amount of each Subordinate Certificate of such Class in
accordance with its respective Fractional Undivided Interest.
Section
6.03 Payments.
(a) On
each
Distribution Date, other than the final Distribution Date, the Paying Agent
shall distribute to each Certificateholder of record as of the immediately
preceding Record Date the Certificateholder’s pro rata share of its Class (based
on the aggregate Fractional Undivided Interest represented by such Holder’s
Certificates) of all amounts required to be distributed on such Distribution
Date to such Class, based on information provided to the Paying Agent by the
Securities Administrator. The Securities Administrator shall calculate the
amount to be distributed to each Class and, based on such amounts, the
Securities Administrator shall determine the amount to be distributed to each
Certificateholder. All of the Securities Administrator’s calculations of
payments shall be based solely on information provided to the Securities
Administrator by the Master Servicer. Neither the Securities Administrator
nor
the Paying Agent shall be required to confirm, verify or recompute any such
information but shall be entitled to rely conclusively on such
information.
(b) Payment
of the above amounts to each Certificateholder shall be made (i) by check mailed
to each Certificateholder entitled thereto at the address appearing in the
Certificate Register or (ii) upon receipt by the Paying Agent on or before
the
fifth Business Day preceding the Record Date of written instructions from a
Certificateholder by wire transfer to a United States dollar account maintained
by the payee at any United States depository institution with appropriate
facilities for receiving such a wire transfer; provided, however, that the
final
payment in respect of each Class of Certificates will be made only upon
presentation and surrender of such respective Certificates at the office or
agency of the Paying Agent specified in the notice to Certificateholders of
such
final payment.
Section
6.04 Statements
to Certificateholders.
(a) Concurrently
with each distribution to Certificateholders, the Securities Administrator
shall
make available to the parties hereto and each Certificateholder via the
Securities Administrator’s internet website as set forth below, the following
information, expressed with respect to clauses (i) through (vii) in the
aggregate and as a Fractional Undivided Interest representing an initial Current
Principal Amount of $1,000, or in the case of the Residual Certificates, an
initial Current Principal Amount of $50:
(i) the
Current Principal Amount of each Class of Certificates immediately prior to
such
Distribution Date;
(ii) the
amount of the distribution allocable to principal on each applicable Class
of
Certificates;
(iii) the
aggregate amount of interest accrued at the related Pass-Through Rate with
respect to each Class during the related Interest Accrual Period;
(iv) the
Net
Interest Shortfall and any other adjustments to interest at the related
Pass-Through Rate necessary to account for any difference between interest
accrued and aggregate interest distributed with respect to each Class of
Certificates;
(v) the
amount of the distribution allocable to interest on each Class of
Certificates;
(vi) the
Pass-Through Rates for each Class of Certificates with respect to such
Distribution Date;
(vii) the
Current Principal Amount of each Class of Certificates after such Distribution
Date;
(viii) the
amount of any Monthly Advances, Compensating Interest Payments and outstanding
unreimbursed advances by the Master Servicer or the Servicer included in such
distribution separately stated for each Loan Group;
(ix) the
aggregate amount of any Realized Losses (listed separately for each category
of
Realized Loss and for each Loan Group) during the related calendar month and
cumulatively since the Cut-off Date and the amount and source (separately
identified) of any distribution in respect thereof included in such
distribution;
(x) with
respect to each Mortgage Loan which incurred a Realized Loss during the related
Prepayment Period, (i) the loan number, (ii) the Scheduled Principal Balance
of
such Mortgage Loan as of the Cut-off Date, (ii) the Scheduled Principal Balance
of such Mortgage Loan as of the beginning of the related Due Period, (iii)
the
Net Liquidation Proceeds with respect to such Mortgage Loan and (iv) the amount
of the Realized Loss with respect to such Mortgage Loan;
(xi) with
respect to each Loan Group, the amount of Scheduled Principal and Principal
Prepayments, (including but separately identifying the principal amount of
Principal Prepayments, Insurance Proceeds, the purchase price in connection
with
the purchase of Mortgage Loans, cash deposits in connection with substitutions
of Mortgage Loans and Net Liquidation Proceeds) and the number and principal
balance of Mortgage Loans purchased or substituted for during the relevant
period and cumulatively since the Cut-off Date;
(xii) the
number of Mortgage Loans (excluding REO Property) in each Loan Group remaining
in the Trust Fund as of the end of the related Prepayment Period;
(xiii) information
for each Loan Group and in the aggregate regarding any Mortgage Loan
delinquencies as of the end of the related calendar month, including the
aggregate number and aggregate Outstanding Principal Balance of Mortgage Loans
using the MBA method of calculation (a) Delinquent 30 to 59 days on a
contractual basis, (b) Delinquent 60 to 89 days on a contractual basis, and
(c)
Delinquent 90 or more days on a contractual basis, in each case as of the close
of business on the last Business Day of the immediately preceding
month;
(xiv) for
each
Loan Group, the number of Mortgage Loans in the foreclosure process as of the
end of the related Due Period and the aggregate Outstanding Principal Balance
of
such Mortgage Loans;
(xv) for
each
Loan Group, the number and aggregate Outstanding Principal Balance of all
Mortgage Loans as to which the Mortgaged Property was REO Property as of the
end
of the related Due Period;
(xvi) the
book
value (the sum of (A) the Outstanding Principal Balance of the Mortgage Loan,
(B) accrued interest through the date of foreclosure and (C) foreclosure
expenses) of any REO Property in each Loan Group; provided that, in the event
that such information is not available to the Securities Administrator on the
Distribution Date, such information shall be furnished promptly after it becomes
available;
(xvii) the
amount of Realized Losses allocated to each Class of Certificates since the
prior Distribution Date and in the aggregate for all prior Distribution Dates;
and
(xviii) the
Average Loss Severity Percentage for each Loan Group;
(xix) the
aggregate amount withdrawn from the Group II Pre-Funding Account and the Group
II Interest Coverage Account pursuant to Section 4.06 and Section 4.07,
respectively, prior to a Distribution Date, the amount remaining on deposit
in
the Group II Pre-Funding Account (exclusive of investment income) and in the
Group II Interest Coverage Account (exclusive of investment income), following
such Distribution Date, and the amount withdrawn from the Group II Pre-Funding
Account and used to buy Group II Subsequent Mortgage Loans prior to such
Distribution Date; and
(xx) the
then
applicable Group I-1, Group I-2, Group II-1 and Group II-2 Senior Percentage,
Group I-1, Group I-2, Group II-1 and Group II-2 Senior Prepayment Percentage,
Group I-1, Group I-2, Group II-1 and Group II-2 Subordinate Percentage and
Group
I-1, Group I-2, Group II-1 and Group II-2 Subordinate Prepayment
Percentage.
The
information set forth above shall be calculated or reported, as the case may
be,
by the Securities Administrator, based solely on, and to the extent of,
information provided to the Securities Administrator by the Master Servicer.
The
Securities Administrator may conclusively rely on such information and shall
not
be required to confirm, verify or recalculate any such information.
The
Securities Administrator may make available each month, to any interested party,
the monthly statement to Certificateholders via the Securities Administrator’s
website initially located at “xxx.xxxxxxx.xxx.” Assistance in using the website
can be obtained by calling the Securities Administrator’s customer service desk
at (000) 000-0000. Parties that are unable to use the above distribution option
are entitled to have a paper copy mailed to them via first class mail by calling
the Securities Administrator’s customer service desk and indicating such. The
Securities Administrator shall have the right to change the way such reports
are
distributed in order to make such distribution more convenient and/or more
accessible to the parties, and the Securities Administrator shall provide timely
and adequate notification to all parties regarding any such change.
(b) By
April
30 of each year beginning in 2008, the Securities Administrator will furnish
such report to each Holder of the Certificates of record at any time during
the
prior calendar year as to the aggregate of amounts reported pursuant to
subclauses (a)(ii) and (a)(v) above with respect to the Certificates, plus
information, upon request, with respect to the amount of servicing compensation
and such other customary information as the Securities Administrator may
determine to be necessary and/or to be required by the Internal Revenue Service
or by a federal or state law or rules or regulations to enable such Holders
to
prepare their tax returns for such calendar year. Such obligations shall be
deemed to have been satisfied to the extent that substantially comparable
information shall be provided by the Securities Administrator or the Trustee
pursuant to the requirements of the Code.
Section
6.05 Monthly
Advances.
The
Master Servicer shall cause the
related Servicer to remit any Advance required pursuant to the terms of the
related Servicing Agreement. The related Servicer shall be obligated to make
any
such Advance only to the extent that such advance would not be a Nonrecoverable
Advance. If the related Servicer shall have determined that it has made a
Nonrecoverable Advance or that a proposed Advance or a lesser portion of such
Advance would constitute a Nonrecoverable Advance, the related Servicer shall
deliver (i) to the Master Servicer for the benefit of the Certificateholders
funds constituting the remaining portion of such Advance, if applicable, and
(ii) to the Depositor, the Master Servicer, each Rating Agency and the Trustee
an Officer’s Certificate setting forth the basis for such determination. Subject
to the Master Servicer’s recoverability determination, in the event that a
Servicer fails to make a required Advance, the Master Servicer, as successor
servicer, shall be required to remit the amount of such Advance to the Master
Servicer Collection Account in accordance with Section 4.03. If the
Master Servicer was required to make an Advance but failed to do so, the
Trustee, upon receiving notice or becoming aware of such failure, and pursuant
to the applicable terms of this Agreement, shall appoint a successor master
servicer who will make such Advance, or the Trustee as successor master servicer
shall be required to remit the amount of such Advance to the Distribution
Account, unless the Trustee in its capacity as successor master servicer shall
have determined that such Advance is a Nonrecoverable Advance.
Section
6.06 Compensating
Interest Payments.
The
Master Servicer shall cause each Servicer under the related Servicing Agreement
to remit any required Compensating Interest Payments to the Distribution Account
on the Remittance Date.
ARTICLE
VII
THE
MASTER SERVICER
Section
7.01 Liabilities
of the Master Servicer.
The
Master Servicer shall be liable in accordance herewith only to the extent of
the
obligations specifically imposed upon and undertaken by it herein.
Section
7.02 Merger
or
Consolidation of the Master Servicer.
(a) The
Master Servicer will keep in full force and effect its existence, rights and
franchises as a corporation under the laws of the state of its incorporation,
and will 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 duties under this
Agreement.
(b) Any
Person into which the Master Servicer may be merged or consolidated, or any
corporation resulting from any merger or consolidation to which the Master
Servicer shall be a party, or any Person succeeding to the business of the
Master Servicer, shall be the successor of the Master Servicer hereunder,
without the execution or filing of any paper or further act on the part of
any
of the parties hereto, anything herein to the contrary
notwithstanding.
Section
7.03 Indemnification
of the Trustee, the Master Servicer and the Securities
Administrator.
(a) The
Master Servicer agrees to indemnify the Indemnified Persons for, and to hold
them harmless against, any loss, liability or expense (including reasonable
legal fees and disbursements of counsel) incurred on their part that may be
sustained in connection with, arising out of, or relating to, any claim or
legal
action (including any pending or threatened claim or legal action) relating
to
this Agreement, the Servicing Agreements, the Assignment Agreements or the
Certificates or the powers of attorney delivered by the Trustee hereunder (i)
related to the Master Servicer’s failure to perform its duties in compliance
with this Agreement (except as any such loss, liability or expense shall be
otherwise reimbursable pursuant to this Agreement) or (ii) incurred by reason
of
the Master Servicer’s willful misfeasance, bad faith or gross negligence in the
performance of its duties hereunder or by reason of reckless disregard of its
obligations and duties hereunder, provided, in each case, that with respect
to
any such claim or legal action (or pending or threatened claim or legal action),
the Trustee shall have given the Master Servicer and the Depositor written
notice thereof promptly after a Responsible Officer of the Trustee shall have
with respect to such claim or legal action actual knowledge thereof. The Master
Servicer’s failure to receive any such notice shall not affect the Trustee’s
right to indemnification hereunder, except to the extent the Master Servicer
is
materially prejudiced by such failure to give notice. This indemnity
shall survive the resignation or removal of the Trustee, Master Servicer or
the
Securities Administrator and the termination of this Agreement.
(b) The
Depositor will indemnify any Indemnified Person for any loss, liability or
expense of any Indemnified Person not otherwise covered by the Master Servicer’s
indemnification pursuant to Subsection (a) above.
Section
7.04 Limitations
on Liability of the Master Servicer and Others.
Subject
to the obligation of the Master Servicer to indemnify the Indemnified Persons
pursuant to Section 7.03:
(a) Neither
the Master Servicer nor any of the directors, officers, employees or agents
of
the Master Servicer shall be under any liability to the Indemnified Persons,
the
Depositor, the Trust Fund or the Certificateholders for taking any action or
for
refraining from taking any action in good faith pursuant to this Agreement,
or
for errors in judgment; provided, however, that this provision shall not protect
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 such Person’s willful misfeasance, bad faith or gross negligence in
the performance of duties or by reason of reckless disregard of obligations
and
duties hereunder.
(b) The
Master Servicer and any director, officer, employee or agent of 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.
(c) The
Master Servicer, the Custodians and any director, officer, employee or agent
of
the Master Servicer or the Custodians, shall be indemnified by the Trust and
held harmless thereby against any loss, liability or expense (including
reasonable legal fees and disbursements of counsel) incurred on their part
that
may be sustained in connection with, arising out of, or related to, any claim
or
legal action (including any pending or threatened claim or legal action)
relating to this Agreement, the Certificates or any Servicing Agreement (except
to the extent that the Master Servicer or the Trustee, as the case may be,
is
indemnified by the Servicer thereunder), other than (i) any such loss, liability
or expense related to the Master Servicer's failure to perform its duties in
compliance with this Agreement (except as any such loss, liability or expense
shall be otherwise reimbursable pursuant to this Agreement), or to the related
Custodian's failure to perform its duties under the related Custodial Agreement,
respectively, or (ii) any such loss, liability or expense incurred by reason
of
the Master Servicer's or the Custodian's willful misfeasance, bad faith or
gross
negligence in the performance of duties hereunder or under the Custodial
Agreement, as applicable, or by reason of reckless disregard of obligations
and
duties hereunder or under the related Custodial Agreement, as
applicable.
(d) The
Master Servicer shall not be under any obligation to appear in, prosecute or
defend any legal action that is not incidental to its duties under this
Agreement and that in its opinion may involve it in any expense or liability;
provided, however, the Master Servicer may in its discretion, with the consent
of the Trustee (which consent shall not be unreasonably withheld), undertake
any
such action which it may deem necessary or desirable with 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 and any liability resulting therefrom shall be expenses, costs
and
liabilities of the Trust Fund, and the Master Servicer shall be entitled to
be
reimbursed therefor out of the Distribution Account as provided by Section
4.05.
Nothing in this Subsection 7.04(d) shall affect the Master Servicer’s obligation
to supervise, or to take such actions as are necessary to ensure, the servicing
and administration of the Mortgage Loans pursuant to Subsection
3.01(a).
(e) In
taking
or recommending any course of action pursuant to this Agreement, unless
specifically required to do so pursuant to this Agreement, the Master Servicer
shall not be required to investigate or make recommendations concerning
potential liabilities which the Trust might incur as a result of such course
of
action by reason of the condition of the Mortgaged Properties but shall give
notice to the Trustee if it has notice of such potential
liabilities.
(f) The
Master Servicer shall not be liable for any acts or omissions of any Servicers,
except as otherwise expressly provided herein.
Section
7.05 Master
Servicer Not to Resign.
Except
as
provided in Section 7.07, the Master Servicer shall not resign from the
obligations and duties hereby imposed on it except upon a determination that
any
such duties hereunder are no longer permissible under applicable law and such
impermissibility cannot be cured. Any such determination permitting the
resignation of the Master Servicer shall be evidenced by an Opinion of
Independent Counsel addressed to the Trustee to such effect delivered to the
Trustee. No such resignation by the Master Servicer shall become effective
until
EMC or the Trustee or a successor to the Master Servicer reasonably satisfactory
to the Trustee shall have assumed the responsibilities and obligations of the
Master Servicer in accordance with Section 8.02 hereof. The Trustee shall notify
the Rating Agencies of the resignation of the Master Servicer.
Section
7.06 Successor
Master Servicer.
In
connection with the appointment of any successor master servicer or the
assumption of the duties of the Master Servicer, EMC or the Trustee may make
arrangements for the compensation of such successor master servicer out of
payments on the Mortgage Loans as EMC or the Trustee and such successor master
servicer shall agree. If the successor master servicer does not agree that
such
market value is a fair price, such successor master servicer shall obtain two
quotations of market value from third parties actively engaged in the servicing
of single-family mortgage loans. Notwithstanding the foregoing, the compensation
payable to a successor master servicer may not exceed the compensation which
the
Master Servicer would have been entitled to retain if the Master Servicer had
continued to act as Master Servicer hereunder.
Section
7.07 Sale
and
Assignment of Master Servicing.
The
Master Servicer may sell and assign its rights and delegate its duties and
obligations in its entirety as Master Servicer under this Agreement; provided,
however, that: (i) the purchaser or transferee accepting such assignment and
delegation (a) shall be a Person which shall be qualified to service mortgage
loans for Xxxxxx Xxx or Xxxxxxx Mac; (b) shall have a net worth of not less
than
$15,000,000 (unless otherwise approved by each Rating Agency pursuant to clause
(ii) below); (c) shall be reasonably satisfactory to the Trustee (as evidenced
in a writing signed by the Trustee); and (d) shall execute and deliver to the
Trustee an agreement, in form and substance reasonably satisfactory to 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 it as master servicer under this Agreement, any custodial agreement
from and after the effective date of such agreement; (ii) each Rating Agency
shall be given prior written notice of the identity of the proposed successor
to
the Master Servicer and each Rating Agency’s rating of the Certificates in
effect immediately prior to such assignment, sale and delegation will not be
downgraded, qualified or withdrawn as a result of such assignment, sale and
delegation, as evidenced by a letter to such effect delivered to the Master
Servicer and the Trustee; and (iii) the Master Servicer assigning and selling
the master servicing shall deliver to the Trustee an Officer’s Certificate and
an Opinion of Independent Counsel addressed to the Trustee, each stating that
all conditions precedent to such action under this Agreement have been completed
and such action is permitted by and complies with the terms of this
Agreement. No such assignment or delegation shall affect any
liability of the Master Servicer arising prior to the effective date
thereof.
ARTICLE
VIII
DEFAULT
Section
8.01 Events
of
Default.
“Event
of
Default,” wherever used herein, means any one of the following events (whatever
the 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) and only with respect to the defaulting
Master Servicer:
(i) any
failure by the Master Servicer to remit to the Securities Administrator any
amounts received or collected by the Master Servicer in respect of the Mortgage
Loans and required to be remitted by it (other than any Monthly
Advance) pursuant to this Agreement, which failure shall continue unremedied
for
one Business Day after the date on which written notice of such failure shall
have been given to the Master Servicer by the Trustee or the Depositor, or
to
the Trustee and the Master Servicer by the Holders of Certificates evidencing
not less than 25% of the Voting Rights evidenced by the Certificates;
or
(ii) The
Master Servicer fails to observe or perform in any material respect any other
material covenants and agreements set forth in this Agreement to be performed
by
it, which covenants and agreements materially affect the rights of
Certificateholders, and such failure continues unremedied for a period of 60
days after the date on which written notice of such failure, properly requiring
the same to be remedied, shall have been given to the Master Servicer by the
Trustee or to the Master Servicer and the Trustee by the Holders of Certificates
evidencing Fractional Undivided Interests aggregating not less than 25% of
the
Trust Fund; or
(iii) There
is entered against the Master Servicer a decree or order by a court or agency
or
supervisory authority having jurisdiction in the premises for the appointment
of
a conservator, receiver or liquidator in any insolvency, readjustment of debt,
marshaling of assets and liabilities or similar proceedings, or for the winding
up or liquidation of its affairs, and the continuance of any such decree or
order is unstayed and in effect for a period of 60 consecutive days, or an
involuntary case is commenced against the Master Servicer under any applicable
insolvency or reorganization statute and the petition is not dismissed within
60
days after the commencement of the case; or
(iv) The
Master Servicer consents to the appointment of a conservator or receiver or
liquidator in any insolvency, readjustment of debt, marshaling of assets and
liabilities or similar proceedings of or relating to the Master Servicer or
substantially all of its property; or the Master Servicer admits in writing
its
inability to pay its debts generally as they become due, files a petition to
take advantage of any applicable insolvency or reorganization statute, makes
an
assignment for the benefit of its creditors, or voluntarily suspends payment
of
its obligations;
(v) The
Master Servicer assigns or delegates its duties or rights under this Agreement
in contravention of the provisions permitting such assignment or delegation
under Sections 7.05 or 7.07; or
(vi) The
Master Servicer fails to deposit, or cause to be deposited, in the Distribution
Account any Monthly Advance required to be made by the Master Servicer (other
than a Nonrecoverable Advance) by the close of business on the Business Day
prior to the related Distribution Date.
In
each
and every such case, so long as such Event of Default with respect to the Master
Servicer shall not have been remedied, either the Trustee or the Holders of
Certificates evidencing Fractional Undivided Interests aggregating not less
than
51% of the principal of the Trust Fund, by notice in writing to the Master
Servicer (and to the Trustee if given by such Certificateholders), with a copy
to the Rating Agencies, and with the consent of EMC, may terminate all of the
rights and obligations (but not the liabilities) of the Master Servicer under
this Agreement and in and to the Mortgage Loans and/or the REO Property serviced
by the Master Servicer and the proceeds thereof. Upon the receipt by the Master
Servicer of the written notice, all authority and power of the Master Servicer
under this Agreement, whether with respect to the Certificates, the Mortgage
Loans, REO Property or under any other related agreements (but only to the
extent that such other agreements relate to the Mortgage Loans or related REO
Property) shall, subject to Section 8.02, automatically and without further
action pass to and be vested in the Trustee in its capacity as successor master
servicer pursuant to this Section 8.01; 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 its capacity as successor master servicer (or such other
successor master servicer as may be appointed hereunder) in effecting the
termination of the Master Servicer’s rights and obligations hereunder,
including, without limitation, the transfer to the Trustee in its capacity
as
successor master servicer (or such other successor master servicer as may be
appointed hereunder) of (i) the property and amounts which are then or should
be
part of the Trust or which thereafter become part of the Trust; and (ii)
originals or copies of all documents of the Master Servicer reasonably requested
by the Trustee in its capacity as successor master servicer (or such other
successor master servicer as may be appointed hereunder) to enable it to assume
the Master Servicer’s duties thereunder. In addition to any other amounts which
are then, or, notwithstanding the termination of its activities under this
Agreement, may become payable to the Master Servicer under this Agreement,
the
Master Servicer shall be entitled to receive, out of any amount received on
account of a Mortgage Loan or related REO Property, that portion of such
payments which it would have received as reimbursement under this Agreement
if
notice of termination had not been given. The termination of the rights and
obligations of the Master Servicer shall not affect any obligations incurred
by
the Master Servicer prior to such termination. The Securities
Administrator shall promptly notify the Trustee in writing of the occurrence
of
an Event of Default under clauses (i) or (vi) above.
Notwithstanding
the foregoing, if an Event of Default described in clause (vi) of this Section
8.01 shall occur and the Securities Administrator fails to make such Advance
described in clause (vi) of Section 8.01, the Trustee upon receiving notice
or
becoming aware of such failure, and pursuant to the applicable terms of this
Agreement, shall, by notice in writing to the Master Servicer, which may be
delivered by telecopy, immediately terminate all of the rights and obligations
of the Master Servicer thereafter arising under this Agreement, but without
prejudice to any rights it may have as a Certificateholder or to reimbursement
of Monthly Advances and other advances of its own funds, and the Trustee in
its
capacity as successor master servicer (or such other successor master servicer
as may be appointed hereunder) shall act as provided in Section 8.02 to carry
out the duties of the Master Servicer, including the obligation to make any
Monthly Advance the nonpayment of which was an Event of Default
described in clause (vi) of this Section 8.01. Any such action taken by the
Trustee in its capacity as successor master servicer (or such other successor
master servicer as may be appointed hereunder) must be prior to the distribution
on the relevant Distribution Date.
Section
8.02 Trustee
to Act; Appointment of Successor.
(a) Upon
the
receipt by the Master Servicer of a notice of termination pursuant to Section
8.01 or an Opinion of Independent Counsel pursuant to Section 7.05 to the effect
that the Master Servicer is legally unable to act or to delegate its duties
to a
Person which is legally able to act, the Trustee shall automatically become
the
successor in all respects to the Master Servicer in its capacity under this
Agreement and the transactions set forth or provided for herein and shall
thereafter have all of the rights and powers of, and be subject to all the
responsibilities, duties, liabilities and limitations on liabilities relating
thereto placed on the Master Servicer by the terms and provisions hereof;
provided, however, that the Trustee in its capacity as successor master servicer
shall have no obligation whatsoever with respect to any liability (other than
advances deemed recoverable and not previously made) incurred by the Master
Servicer at or prior to the time of termination. As compensation therefor,
but
subject to Section 7.06, the Trustee in its capacity as successor master
servicer shall be entitled to compensation which the Master Servicer would
have
been entitled to retain if the Master Servicer had continued to act hereunder,
except for those amounts due the Master Servicer as reimbursement permitted
under this Agreement for advances previously made or expenses previously
incurred. Notwithstanding the above, the Trustee may, if it shall be unwilling
so to act, or shall, if it is legally unable so to act, appoint or petition
a
court of competent jurisdiction to appoint, any established housing and home
finance institution which is a Xxxxxx Xxx- or Xxxxxxx Mac-approved servicer,
and
with respect to a successor to the Master Servicer only, having a net worth
of
not less than $15,000,000, 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; provided, that the Trustee shall obtain a
letter from each Rating Agency that the ratings, if any, on each of the
Certificates will not be lowered as a result of the selection of the successor
to the Master Servicer. Pending appointment of a successor to the Master
Servicer hereunder, the Trustee in its capacity as successor master servicer
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 the Mortgage Loans as it
and
such successor shall agree; provided, however, that the provisions of Section
7.06 shall apply, the compensation shall not be in excess of that which the
Master Servicer would have been entitled to if the Master Servicer had continued
to act hereunder, and that such successor shall undertake and assume the
obligations of the Trustee to pay compensation to any third Person acting as
an
agent or independent contractor in the performance of master servicing
responsibilities hereunder. The Trustee and such successor shall take such
action, consistent with this Agreement, as shall be necessary to effectuate
any
such succession.
(b) If
the
Trustee shall succeed to any duties of the Master Servicer respecting the
Mortgage Loans as provided herein, it shall do so in a separate capacity and
not
in its capacity as Trustee and, accordingly, the provisions of Article IX shall
be inapplicable to the Trustee in its duties as the successor to the Master
Servicer in the servicing of the Mortgage Loans (although such provisions shall
continue to apply to the Trustee in its capacity as Trustee); the provisions
of
Article VII, however, shall apply to it in its capacity as successor master
servicer.
Section
8.03 Notification
to Certificateholders.
Upon
any
termination or appointment of a successor to the Master Servicer, the Trustee
shall give prompt written notice thereof to Certificateholders at their
respective addresses appearing in the Certificate Register and to the Rating
Agencies.
Section
8.04 Waiver
of
Defaults.
The
Trustee shall transmit by mail to all Certificateholders, within 60 days after
the occurrence of any Event of Default actually known to a Responsible Officer
of the Trustee, unless such Event of Default shall have been cured, notice
of
each such Event of Default. The Holders of Certificates evidencing Fractional
Undivided Interests aggregating not less than 51% of the Trust Fund may, on
behalf of all Certificateholders, waive any default by the Master Servicer
in
the performance of its obligations hereunder and the consequences thereof,
except a default in the making of or the causing to be made any required
distribution on the Certificates, which default may only be waived by Holders
of
Certificates evidencing Fractional Undivided Interests aggregating 100% of
the
Trust Fund. Upon any such waiver of a past default, such default shall be deemed
to cease to exist, and any Event of Default arising therefrom shall be deemed
to
have been timely remedied for every purpose of this Agreement. No such waiver
shall extend to any subsequent or other default or impair any right consequent
thereon except to the extent expressly so waived. The Trustee shall give notice
of any such waiver to the Rating Agencies.
Section
8.05 List
of
Certificateholders.
Upon
written request of three or more Certificateholders of record, for purposes
of
communicating with other Certificateholders with respect to their rights under
this Agreement, the Securities Administrator will afford such Certificateholders
access during business hours to the most recent list of Certificateholders
held
by the Securities Administrator.
ARTICLE
IX
CONCERNING
THE TRUSTEE AND THE SECURITIES ADMINISTRATOR
Section
9.01 Duties
of
Trustee and Securities Administrator.
(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, and the Securities
Administrator each undertake to perform such duties and only such duties as
are
specifically set forth in this Agreement as duties of the Trustee and the
Securities Administrator, respectively. If an Event of Default has occurred
and
has not been cured or waived, the Trustee shall exercise such of the rights
and
powers vested in it by this Agreement, and subject to Section 8.02(b) use the
same degree of care and skill in their exercise, as a prudent person would
exercise under the circumstances in the conduct of his own affairs.
(b) Upon
receipt of all resolutions, certificates, statements, opinions, reports,
documents, orders or other instruments which are specifically required to be
furnished to the Trustee and the Securities Administrator pursuant to any
provision of this Agreement, the Trustee and the Securities Administrator,
respectively, shall examine them to determine whether they are in the form
required by this Agreement; provided, however, that neither the Trustee nor
the
Securities Administrator shall be responsible for the accuracy or content of
any
resolution, certificate, statement, opinion, report, document, order or other
instrument furnished hereunder; provided, further, that neither the Trustee
nor
the Securities Administrator shall be responsible for the accuracy or
verification of any calculation provided to it pursuant to this
Agreement.
(c) On
each
Distribution Date, the Paying Agent shall make monthly distributions and the
final distribution to the Certificateholders from funds in the Distribution
Account as provided in Sections 6.01 and 10.01 herein based solely on the report
of the Securities Administrator.
(d) No
provision of this Agreement shall be construed to relieve the Trustee or the
Securities Administrator 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 and the Securities Administrator shall be determined solely by
the
express provisions of this Agreement, neither the Trustee nor the Securities
Administrator shall be liable except for the performance of their respective
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 or the Securities Administrator and, in the absence of bad faith on
the
part of the Trustee or the Securities Administrator, respectively, the Trustee
or the Securities Administrator, respectively, 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 or the Securities
Administrator, respectively, and conforming to the requirements of this
Agreement;
(ii) Neither
the Trustee nor the Securities Administrator shall be liable in its individual
capacity for an error of judgment made in good faith by a Responsible Officer
or
Responsible Officers of the Trustee or an officer of the Securities
Administrator, respectively, unless it shall be proved that the Trustee or
the
Securities Administrator, respectively, was negligent in ascertaining the
pertinent facts;
(iii) Neither
the Trustee nor the Securities Administrator shall be liable with respect to
any
action taken, suffered or omitted to be taken by it in good faith in accordance
with the directions of the Holders of Certificates evidencing Fractional
Undivided Interests aggregating not less than 25% of the Trust Fund, if such
action or non-action relates to the time, method and place of conducting any
proceeding for any remedy available to the Trustee or the Securities
Administrator, respectively, or exercising any trust or other power conferred
upon the Trustee or the Securities Administrator, respectively, under this
Agreement;
(iv) The
Trustee shall not be required to take notice or be deemed to have notice or
knowledge of any default or Event of Default unless a Responsible Officer of
the
Trustee’s Corporate Trust Office shall have actual knowledge thereof. In the
absence of such notice, the Trustee may conclusively assume there is no such
default or Event of Default;
(v) The
Trustee shall not in any way be liable by reason of any insufficiency in any
Account held by or in the name of Trustee unless it is determined by a court
of
competent jurisdiction that the Trustee’s gross negligence or willful misconduct
was the primary cause of such insufficiency (except to the extent that the
Trustee is obligor and has defaulted thereon);
(vi) Anything
in this Agreement to the contrary notwithstanding, in no event shall the Trustee
or the Securities Administrator be liable for special, indirect or consequential
loss or damage of any kind whatsoever (including but not limited to lost
profits), even if the Trustee or the Securities Administrator, respectively,
has
been advised of the likelihood of such loss or damage and regardless of the
form
of action;
(vii) None
of
the Securities Administrator, the Depositor or the Trustee shall be responsible
for the acts or omissions of the other, it being understood that this Agreement
shall not be construed to render them partners, joint venturers or agents of
one
another and
(viii) Neither
the Trustee nor the Securities Administrator shall be required to expend or
risk
its own funds or otherwise incur financial liability in the performance of
any
of its duties hereunder, or in the exercise of any of its rights or powers,
if
there is reasonable ground for believing that the repayment of such funds or
adequate indemnity against such risk or liability is not reasonably assured
to
it, and none of the provisions contained in this Agreement shall in any event
require the Trustee or the Securities Administrator to perform, or be
responsible for the manner of performance of, any of the obligations of the
Master Servicer under the Servicing Agreements, except during such time, if
any,
as the Trustee shall be the successor to, and be vested with the rights, duties,
powers and privileges of, the Master Servicer in accordance with the terms
of
this Agreement.
(e) All
funds
received by the Master Servicer and the Securities Administrator and required
to
be deposited in the Distribution Account, Group II Interest Coverage Account
and
the Group II Pre-Funding Account pursuant to this Agreement will be promptly
so
deposited by the Master Servicer and the Securities Administrator.
(f) Except
for those actions that the Trustee or the Securities Administrator is required
to take hereunder, neither the Trustee nor the Securities Administrator shall
have any obligation or liability to take any action or to refrain from taking
any action hereunder in the absence of written direction as provided
hereunder.
Section
9.02 Certain
Matters Affecting the Trustee and the Securities Administrator.
Except
as
otherwise provided in Section 9.01:
(i) The
Trustee and the Securities Administrator may rely and shall be protected in
acting or refraining from acting in reliance on any resolution, certificate
of
the Depositor, the Master Servicer or a Servicer, 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 and the Securities Administrator may consult with counsel and any advice
of such counsel or any Opinion of Counsel shall be full and complete
authorization and protection with respect to any action taken or suffered or
omitted by it hereunder in good faith and in accordance with such advice or
Opinion of Counsel:
(iii) Neither
the Trustee nor the Securities Administrator shall be under any obligation
to
exercise any of the trusts or powers vested in it by this Agreement, other
than
its obligation to give notices pursuant to 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 of which a Responsible Officer of the Trustee has actual
knowledge (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 person would exercise under the
circumstances in the conduct of his own affairs;
(iv) 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, neither the Trustee nor the
Securities Administrator shall be liable in its individual capacity 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) Neither
the Trustee nor the Securities Administrator shall 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 to do
so
by Holders of Certificates evidencing Fractional Undivided Interests aggregating
not less than 25% of the Trust Fund and provided that the payment within a
reasonable time to the Trustee or the Securities Administrator, as applicable,
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 or the Securities
Administrator, as applicable, reasonably assured to the Trustee or the
Securities Administrator, as applicable, by the security afforded to it by
the
terms of this Agreement. The Trustee or the Securities Administrator may require
reasonable indemnity against such expense or liability as a condition to taking
any such action. The reasonable expense of every such examination shall be
paid
by the Certificateholders requesting the investigation;
(vi) The
Trustee and the Securities Administrator may execute any of the trusts or powers
hereunder or perform any duties hereunder either directly or through Affiliates,
agents or attorneys; provided, however, that the Trustee may not appoint any
agent to perform its custodial functions with respect to the Mortgage Files
or
Trustee functions under this Agreement without the express written consent
of
the Master Servicer, which consent will not be unreasonably withheld. Neither
the Trustee nor the Securities Administrator shall be liable or responsible
for
the misconduct or negligence of any of the Trustee’s or the Securities
Administrator’s agents or attorneys or a custodian or Trustee appointed
hereunder by the Trustee or the Securities Administrator with due care and,
when
required, with the consent of the Master Servicer;
(vii) Should
the Trustee or the Securities Administrator deem the nature of any action
required on its part, other than a payment or transfer under Subsection 4.01(b)
or Section 4.02, to be unclear, the Trustee or the Securities Administrator,
respectively, may require prior to such action that it be provided by the
Depositor with reasonable further instructions;
(viii) The
right
of the Trustee or the Securities Administrator to perform any discretionary
act
enumerated in this Agreement shall not be construed as a duty, and neither
the
Trustee nor the Securities Administrator shall be accountable for other than
its
negligence or willful misconduct in the performance of any such
act;
(ix) Neither
the Trustee nor the Securities Administrator shall be required to give any
bond
or surety with respect to the execution of the trust created hereby or the
powers granted hereunder, except as provided in Subsection 9.07;
and
(x) Neither
the Trustee nor the Securities Administrator shall have any duty to conduct
any
affirmative investigation as to the occurrence of any condition requiring the
repurchase of any Mortgage Loan by the Seller pursuant to this Agreement or
the
Mortgage Loan Purchase Agreement, as applicable, or the eligibility of any
Mortgage Loan for purposes of this Agreement.
Section
9.03 Trustee
and Securities Administrator Not Liable for Certificates or Mortgage
Loans.
The
recitals contained herein and in the Certificates (other than the signature
and
countersignature of the Certificate Registrar on the Certificates) shall be
taken as the statements of the Depositor, and neither the Trustee, or the
Custodians on its behalf, nor the Securities Administrator shall have any
responsibility for their correctness. Neither the Trustee nor the Securities
Administrator makes any representation as to the validity or sufficiency of
the
Certificates (other than the signature and countersignature of the Securities
Administrator on the Certificates) or of any Mortgage Loan except as expressly
provided in Sections 2.02 and 2.05 hereof; provided, however, that the foregoing
shall not relieve the Trustee, or the Custodians on its behalf, of the
obligation to review the Mortgage Files pursuant to Sections 2.02 and 2.04.
The
signature and countersignature of the Securities Administrator as Certificate
Registrar (or countersignature of its agent) on the Certificates shall be solely
in its capacity as Securities Administrator and shall not constitute the
Certificates an obligation of the Certificate Registrar in any other capacity.
Neither the Trustee or the Securities Administrator shall be accountable for
the
use or application by the Depositor of any of the Certificates or of the
proceeds of such Certificates, or for the use or application of any funds paid
to the Depositor with respect to the Mortgage Loans. Subject to the provisions
of Section 2.05, neither the Trustee nor the Securities Administrator shall
be
responsible for the legality or validity of this Agreement or any document
or
instrument relating to this Agreement, the validity of the execution of this
Agreement or of any supplement hereto or instrument of further assurance, or
the
validity, priority, perfection or sufficiency of the security for the
Certificates issued hereunder or intended to be issued hereunder. Neither the
Trustee nor the Securities Administrator shall at any time have any
responsibility or liability for or with respect to the legality, validity and
enforceability of any Mortgage or any Mortgage Loan, or the perfection and
priority of any Mortgage or the maintenance of any such perfection and priority,
or for or with respect to the sufficiency of the Trust Fund or its ability
to
generate the payments to be distributed to Certificateholders, under this
Agreement. Neither the Trustee nor the Securities Administrator shall have
any
responsibility for filing any financing statement or continuation statement
in
any public office at any time or to otherwise perfect or maintain the perfection
of any security interest or lien granted to it hereunder or to record this
Agreement.
Section
9.04 Trustee
and Securities Administrator May Own Certificates.
The
Trustee and the Securities Administrator in its individual capacity or in any
capacity other than as Trustee or Securities Administrator hereunder may become
the owner or pledgee of any Certificates with the same rights it would have
if
it were not Trustee or the Securities Administrator, as applicable, and may
otherwise deal with the parties hereto.
Section
9.05 Trustee’s
and Securities Administrator’s Fees and Expenses.
The
Securities Administrator shall be entitled to the Securities Administrator
Fee
and investment income on funds in the Distribution Account as compensation
for
its activities under this Agreement. The fees and expenses of the Trustee shall
be paid in accordance with a side letter agreement with the Securities
Administrator and at the expense of the Securities Administrator. In addition,
the Trustee and the Securities Administrator will be entitled to recover from
the Distribution Account pursuant to Section 4.05(a)(ii) all reasonable
out-of-pocket expenses, disbursements and advances and the expenses of the
Trustee and the Securities Administrator, respectively, in connection with
any
Event of Default, any breach of this Agreement or any claim or legal action
(including any pending or threatened claim or legal action) or incurred or
made
by the Trustee or the Securities Administrator, respectively, in the
administration of the trusts hereunder (including the reasonable compensation,
expenses and disbursements of its counsel) except any such expense, disbursement
or advance as may arise from its negligence or intentional misconduct or which
is the responsibility of the Certificateholders. If funds in the Distribution
Account are insufficient therefor, the Trustee and the Securities Administrator
shall recover such expenses from the Depositor and the Depositor hereby agrees
to pay such expenses, disbursements or advances upon demand. Such compensation
and reimbursement obligation shall not be limited by any provision of law in
regard to the compensation of a trustee of an express trust.
Section
9.06 Eligibility
Requirements for Trustee, Paying Agent and Securities
Administrator.
The
Trustee and any successor Trustee, Paying Agent and any successor Paying Agent
and the Securities Administrator and any successor Securities Administrator
shall during the entire duration of this Agreement be a state bank or trust
company or a national banking association organized and doing business under
the
laws of such state or the United States of America, authorized under such laws
to exercise corporate trust powers, having a combined capital and surplus and
undivided profits of at least $40,000,000 or, in the case of a successor
Trustee, $50,000,000, subject to supervision or examination by federal or state
authority and, in the case of the Trustee, rated “BBB” or higher by S&P with
respect to their long-term rating and rated “BBB” or higher by S&P and
“Baa2” or higher by Xxxxx’x with respect to any outstanding long-term unsecured
unsubordinated debt, and, in the case of a successor Trustee, successor Paying
Agent or successor Securities Administrator other than pursuant to Section
9.10,
rated in one of the two highest long-term debt categories of, or otherwise
acceptable to, each of the Rating Agencies. If the Trustee 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 9.06 the combined capital and surplus of such corporation shall be
deemed to be its total equity capital (combined capital and surplus) as set
forth in its most recent report of condition so published. In case at any time
the Trustee, the Paying Agent or the Securities Administrator shall cease to
be
eligible in accordance with the provisions of this Section 9.06, the Trustee
or
the Securities Administrator shall resign immediately in the manner and with
the
effect specified in Section 9.08.
Section
9.07 Insurance.
The
Trustee, Paying Agent and the Securities Administrator, at their own expense,
shall at all times maintain and keep in full force and effect: (i) fidelity
insurance, (ii) theft of documents insurance and (iii) forgery insurance (which
may be collectively satisfied by a “Financial Institution Bond” and/or a
“Bankers’ Blanket Bond”). All such insurance shall be in amounts, with standard
coverage and subject to deductibles, as are customary for insurance typically
maintained by banks or their affiliates which act as custodians for
investor-owned mortgage pools. A certificate of an officer of the Trustee,
the
Paying Agent or the Securities Administrator as to the Trustee’s, Paying Agent’s
or the Securities Administrator’s, respectively, compliance with this Section
9.07 shall be furnished to any Certificateholder upon reasonable written
request.
Section
9.08 Resignation
and Removal of the Trustee and Securities Administrator.
(a) The
Trustee and the Securities Administrator may at any time resign and be
discharged from the Trust hereby created by giving written notice thereof to
the
Depositor and the Master Servicer, with a copy to the Rating Agencies. Upon
receiving such notice of resignation, the Depositor shall promptly appoint
a
successor Trustee or successor Securities Administrator, as applicable, by
written instrument, in triplicate, one copy of which instrument shall be
delivered to each of the resigning Trustee or Securities Administrator, as
applicable, the successor Trustee or Securities Administrator, as applicable.
If
no successor Trustee or Securities Administrator shall have been so appointed
and have accepted appointment within 30 days after the giving of such notice
of
resignation, the resigning Trustee or Securities Administrator may petition
any
court of competent jurisdiction for the appointment of a successor Trustee
or
Securities Administrator.
(b) If
at any
time the Trustee, the Paying Agent or the Securities Administrator shall cease
to be eligible in accordance with the provisions of Section 9.06 and shall
fail
to resign after written request therefor by the Depositor or if at any time
the
Trustee, the Paying Agent or the Securities Administrator shall become incapable
of acting, or shall be adjudged a bankrupt or insolvent, or a receiver of the
Trustee, the Paying Agent or the Securities Administrator, as applicable, or
of
its property shall be appointed, or any public officer shall take charge or
control of the Trustee, the Paying Agent or the Securities Administrator, as
applicable, or of its property or affairs for the purpose of rehabilitation,
conservation or liquidation, then the Depositor shall promptly remove the
Trustee, or shall be entitled to remove the Paying Agent or the Securities
Administrator, as applicable, and appoint a successor Trustee, Paying Agent
or
Securities Administrator, as applicable, by written instrument, in triplicate,
one copy of which instrument shall be delivered to each of the Trustee, the
Paying Agent or Securities Administrator, as applicable, so removed, the
successor Trustee or Securities Administrator, as applicable.
(c) The
Holders of Certificates evidencing Fractional Undivided Interests aggregating
not less than 51% of the Trust Fund may at any time remove the Trustee, the
Paying Agent or the Securities Administrator and appoint a successor Trustee,
the Paying Agent or Securities Administrator by written instrument or
instruments, in quadruplicate, signed by such Holders or their attorneys-in-fact
duly authorized, one complete set of which instruments shall be delivered to
the
Depositor, the Paying Agent, the Master Servicer, the Securities Administrator
(if the Trustee is removed), the Trustee (if the Securities Administrator or
Paying Agent is removed), and the Trustee, the Paying Agent or Securities
Administrator so removed and the successor so appointed. In the event
that the Trustee, the Paying Agent or Securities Administrator is removed by
the
Holders of Certificates in accordance with this Section 9.08(c), the Holders
of
such Certificates shall be responsible for paying any compensation payable
to a
successor Trustee, successor Paying Agent or successor Securities Administrator,
in excess of the amount paid to the predecessor Trustee, predecessor Paying
Agent or predecessor Securities Administrator, as applicable.
(d) No
resignation or removal of the Trustee, the Paying Agent or the Securities
Administrator and appointment of a successor Trustee, the Paying Agent or
Securities Administrator pursuant to any of the provisions of this Section
9.08
shall become effective except upon appointment of and acceptance of such
appointment by the successor Trustee, Paying Agent or Securities Administrator
as provided in Section 9.09.
Section
9.09 Successor
Trustee, Successor Paying Agent and Successor Securities
Administrator.
(a) Any
successor Trustee, Paying Agent or Securities Administrator appointed as
provided in Section 9.08 shall execute, acknowledge and deliver to the Depositor
and to its predecessor Trustee, Paying Agent or Securities Administrator an
instrument accepting such appointment hereunder. The resignation or removal
of
the predecessor Trustee, Paying Agent or Securities Administrator shall then
become effective and such successor Trustee, Paying Agent or Securities
Administrator, without any further act, deed or conveyance, shall become fully
vested with all the rights, powers, duties and obligations of its predecessor
hereunder, with like effect as if originally named as Trustee, Paying Agent
or
Securities Administrator herein. The predecessor Trustee, Paying Agent or
Securities Administrator shall after payment of its outstanding fees and
expenses promptly deliver to the successor Trustee, Paying Agent or Securities
Administrator, as applicable, all assets and records of the Trust held by it
hereunder, and the Depositor and the predecessor Trustee, Paying Agent or
Securities Administrator, as applicable, 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, Paying
Agent or Securities Administrator, as applicable, all such rights, powers,
duties and obligations.
(b) No
successor Trustee, Paying Agent or Securities Administrator shall accept
appointment as provided in this Section 9.09 unless at the time of such
acceptance such successor Trustee, Paying Agent or Securities Administrator
shall be eligible under the provisions of Section 9.06.
(c) Upon
acceptance of appointment by a successor trustee, paying agent or securities
administrator as provided in this Section 9.09, the successor trustee, paying
agent or securities administrator shall mail notice of the succession of such
trustee, paying agent or securities administrator hereunder to all
Certificateholders at their addresses as shown in the Certificate Register
and
to the Rating Agencies. The Depositor shall cause such notice to be
mailed at the expense of the Trust Fund.
Section
9.10 Merger
or
Consolidation of Trustee, Paying Agent or Securities Administrator.
Any
state
bank or trust company or national banking association into which the Trustee,
Paying Agent or the Securities Administrator may be merged or converted or
with
which it may be consolidated or any state bank or trust company or national
banking association resulting from any merger, conversion or consolidation
to
which the Trustee or the Securities Administrator, respectively, shall be a
party, or any state bank or trust company or national banking association
succeeding to all or substantially all of the corporate trust business of the
Trustee, Paying Agent or the Securities Administrator, respectively, shall
be
the successor of the Trustee, Paying Agent or the Securities Administrator,
respectively, hereunder, provided such state bank or trust company or national
banking association shall be eligible under the provisions of Section 9.06.
Such
succession shall be valid 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.
Section
9.11 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 or property
constituting the same may at the time be located, the Depositor 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 and the
Depositor 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, and
to
vest in such Person or Persons, in such capacity, such title to the Trust,
or
any part thereof, and, subject to the other provisions of this Section 9.11,
such powers, duties, obligations, rights and trusts as the Depositor and the
Trustee may consider necessary or desirable.
(b) If
the
Depositor shall not have joined in such appointment within 15 days after the
receipt by it of a written request so to do, the Trustee shall have the power
to
make such appointment without the Depositor.
(c) No
co-trustee or separate trustee hereunder shall be required to meet the terms
of
eligibility as a successor Trustee under Section 9.06 hereunder and no notice
to
Certificateholders of the appointment of co-trustee(s) or separate trustee(s)
shall be required under Section 9.08 hereof.
(d) In
the
case of any appointment of a co-trustee or separate trustee pursuant to this
Section 9.11, all rights, powers, duties and obligations conferred or imposed
upon the Trustee and required to be conferred on such co-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 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.
(e) 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
IX.
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.
(f) To
the
extent not prohibited by law, any separate trustee or co-trustee may, at any
time, request the Trustee, its agent or attorney-in-fact, with full power and
authority, to do any lawful act under or with respect to 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.
(g) No
trustee under this Agreement shall be personally liable by reason of any act
or
omission of another trustee under this Agreement. The Depositor and the Trustee
acting jointly may at any time accept the resignation of or remove any separate
trustee or co-trustee.
Section
9.12 Federal
Information Returns and Reports to Certificateholders; REMIC
Administration.
(a) For
federal income tax purposes, the taxable year of each REMIC shall be a calendar
year, and the Securities Administrator shall maintain or cause the maintenance
of the books of each such REMIC on the accrual method of
accounting.
(b) The
Securities Administrator shall prepare and file or cause to be filed with the
Internal Revenue Service, and the Trustee shall sign, federal tax information
returns or elections required to be made hereunder with respect to each REMIC,
the Trust Fund, if applicable, and the Certificates containing such information
and at the times and in the manner as may be required by the Code or applicable
Treasury regulations and the Securities Administrator shall deliver (or
otherwise make available) to each Holder of Certificates at any time during
the
calendar year for which such returns or reports are made such statements or
information at the times and in the manner as may be required thereby,
including, without limitation, reports relating to interest, original issue
discount and market discount or premium (using a constant prepayment assumption
of 25% CPR). The Securities Administrator will apply for an Employee
Identification Number from the Internal Revenue Service under Form SS-4 or
any
other acceptable method for all tax entities. In connection with the foregoing,
the Securities Administrator shall timely prepare and file, and the Trustee
shall, sign Internal Revenue Service Form 8811, which shall provide the name
and
address of the person at the Securities Administrator who can be contacted
to
obtain information required to be reported to the holders of regular interests
in each REMIC (the “REMIC Reporting Agent”). The Securities Administrator on
behalf of the Trustee shall make elections to treat each REMIC as a REMIC (which
elections shall apply to the taxable period ending December 31, 2007 and each
calendar year thereafter) in such manner as the Code or applicable Treasury
regulations may prescribe, and as described by the Securities Administrator.
The
Trustee shall sign all tax information returns filed pursuant to this Section
and any other returns as may be required by the Code. The Holder of the Class
R-I Certificate is hereby designated as the “Tax Matters Person” (within the
meaning of Treasury Regulation Section 1.860F-4(d)) for REMIC I, the Holder
of
the Class R-II Certificate is hereby designated as the “Tax Matters Person” for
REMIC II, the Holder of the Class R-III Certificate is hereby designated as
the
“Tax Matters Person” for REMIC III, and the Holder of the Class R-IV Certificate
is hereby designated as the “Tax Matters Person” for REMIC IV. The Securities
Administrator is hereby designated and appointed as the agent of each such
Tax
Matters Person. Any Holder of a Residual Certificate will by acceptance thereof
appoint the Securities Administrator as agent and attorney-in-fact for the
purpose of acting as Tax Matters Person for each REMIC during such time as
the
Securities Administrator does not own any such Residual Certificate. In the
event that the Code or applicable Treasury regulations prohibit the Trustee
from
signing tax or information returns or other statements, or the Securities
Administrator from acting as agent for the Tax Matters Person, the Trustee
and
the Securities Administrator shall take whatever action that in its sole good
faith judgment is necessary for the proper filing of such information returns
or
for the provision of a Tax Matters Person, including designation of the Holder
of a Residual Certificate to sign such returns or act as Tax Matters
Person. Each Holder of a Residual Certificate shall be bound by this
Section.
(c) The
Securities Administrator shall provide upon request and receipt of reasonable
compensation, such information as required in Section 860D(a)(6)(B) of the
Code
to the Internal Revenue Service, to any Person purporting to transfer a Residual
Certificate to a Person other than a transferee permitted by Section 5.05(b),
and to any regulated investment company, real estate investment trust, common
trust fund, partnership, trust, estate, organization described in Section 1381
of the Code, or nominee holding an interest in a pass-through entity described
in Section 860E(e)(6) of the Code, any record holder of which is not a
transferee permitted by Section 5.05(b) (or which is deemed by statute to be
an
entity with a disqualified member).
(d) The
Securities Administrator shall prepare and file or cause to be filed, and the
Trustee shall sign any state income tax returns required under Applicable State
Law with respect to each REMIC or the Trust Fund.
(e) Notwithstanding
any other provision of this Agreement, the Trustee and the Securities
Administrator shall comply with all federal withholding requirements respecting
payments to Certificateholders of, or in respect of, interest or original issue
discount on the Mortgage Loans that the Securities Administrator reasonably
believes are applicable under the Code. The consent of Certificateholders shall
not be required for such withholding. In the event the Securities Administrator
withholds any amount from payments of, or in respect of, interest or original
issue discount or advances thereof to any Certificateholder pursuant to federal
withholding requirements, the Securities Administrator shall, together with
its
monthly report to such Certificateholders, indicate such amount
withheld.
(f) The
Trustee and the Securities Administrator agree to indemnify the Trust Fund
and
the Depositor for any taxes and costs including, without limitation, any
reasonable attorneys fees imposed on or incurred by the Trust Fund, the
Depositor or the Master Servicer, as a result of a breach of the Trustee’s
covenants and the Securities Administrator’s covenants, respectively, set forth
in this Section 9.12; provided, however, such liability and obligation to
indemnify in this paragraph shall not be joint and several, and neither the
Trustee nor the Securities Administrator shall be liable or be obligated to
indemnify the Trust Fund for the failure by the other to perform any duty under
this Agreement or the breach by the other of any covenant in this Agreement.
In
the event that any liable party hereto fails to honor its obligations under
the
preceding sentences, or taxes imposed on the Trust Fund are not otherwise paid,
such taxes, to the extent attributable to Loan Group I or REMIC I, shall be
paid, first, with amounts otherwise to be distributed to the Class R-I, Class
R-III and Class R-IV Certificates, based on the REMIC to which the tax relates,
and second, with amounts otherwise to be distributed to the Holders of the
following other Group I Certificates in the following order of priority: first,
to the Class I-B-6 Certificates, second, to the Class I-B-5 Certificates, third,
to the Class I-B-4 Certificates, fourth, to the Class I-B-3 Certificates, fifth,
to the Class I-B-2 Certificates, sixth, to the Class I-B-1 Certificates, and
seventh, to the Group I Senior Certificates (on a pro rata basis based on the
amounts to be distributed). In the event that any liable party hereto fails
to
honor its obligations under the preceding sentences, or taxes imposed on the
Trust Fund are not otherwise paid, such taxes, to the extent attributable to
Loan Group II or REMIC II, shall be paid, first, with amounts otherwise to
be
distributed to the Class R-II, Class R-III and Class R-IV Certificates, based
on
the REMIC to which the tax relates, and second, with amounts otherwise to be
distributed to the Holders of the following other Group II Certificates in
the
following order of priority: first, to the Class II-B-6 Certificates, second,
to
the Class II-B-5 Certificates, third, to the Class II-B-4 Certificates, fourth,
to the Class II-B-3 Certificates, fifth, to the Class II-B-2 Certificates,
sixth, to the Class II-B-1 Certificates, and seventh, to the Group II Senior
Certificates (on a pro rata basis based on the amounts to be
distributed). Notwithstanding anything to the contrary contained
herein, to the extent that such tax is payable by the Holder of any such
Certificates, the Securities Administrator is hereby authorized to retain on
any
Distribution Date, from the Holders of the related Class R Certificates (and,
if
necessary, from the Holders of the other relevant Certificates in the priority
specified in the preceding sentences), funds otherwise distributable to such
Holders in an amount sufficient to pay such tax. The Securities
Administrator shall include in its monthly statement amounts allocated to the
relevant Certificates, taking into account the priorities described in the
second and third preceding sentences. The Securities Administrator shall
promptly notify in writing the party liable for any such tax of the amount
thereof and the due date for the payment thereof.
ARTICLE
X
TERMINATION
Section
10.01 Termination
Upon Repurchase by the Depositor or its Designee or Liquidation of the Mortgage
Loans.
(a) Subject
to Section 10.02, the respective obligations and responsibilities of the
Depositor, the Trustee, the Paying Agent, the Master Servicer and the Securities
Administrator created hereby, other than the obligation of the Paying Agent
to
make payments to Certificateholders as hereinafter set forth shall terminate
with respect to Loan Group I and Loan Group II, as applicable,
upon:
(i) the
repurchase by or at the direction of the Depositor or its designee
of all of the Mortgage Loans in such Loan Group and all related REO
Property remaining in the Trust relating to such Loan Group at a price (in
each
case, the “Termination Purchase Price”) equal to the sum of (a) 100% of the
Outstanding Principal Balance of each such Mortgage Loan in such Loan Group
(other than any such Mortgage Loan related to REO Property) as of the date
of
repurchase, net of the principal portion of any unreimbursed Monthly Advances
on
the Mortgage Loans in such Loan Group made by the purchaser, together with
interest at the applicable Mortgage Interest Rate accrued but unpaid to, but
not
including, the first day of the month of repurchase, (b) the appraised value
of
any related REO Property in such Loan Group, less the good faith estimate of
the
Depositor of liquidation expenses to be incurred in connection with its disposal
thereof (but not more than the Outstanding Principal Balance of the related
Mortgage Loan, together with interest at the applicable Mortgage Interest Rate
accrued on that balance but unpaid to, but not including, the first day of
the
month of repurchase), such appraisal to be calculated by an appraiser mutually
agreed upon by the Depositor and the Trustee at the expense of the Depositor,
(c) unreimbursed out-of pocket costs of the Master Servicer, including
unreimbursed servicing advances and the principal portion of any unreimbursed
Monthly Advances, made on the Mortgage Loans in such Loan Group prior to the
exercise of such repurchase right and (d) any unreimbursed costs and expenses
of
the Trustee and the Securities Administrator payable pursuant to Section 9.05;
or
(ii) the
later
of the making of the final payment or other liquidation, or any advance with
respect thereto, of the last Mortgage Loan remaining in the portion of the
Trust
Fund related to such Loan Group or the disposition of all property acquired
with
respect to any related Mortgage Loan; provided, however, that in the event
that
an advance has been made, but not yet recovered, at the time of such
termination, the Person having made such advance shall be entitled to receive,
notwithstanding such termination, any payments received subsequent thereto
with
respect to which such advance was made; or
(iii) the
payment to the related Certificateholders of all amounts required to be paid
to
them pursuant to this Agreement.
(b) In
no
event, however, shall the portion of the Trust related to Loan Group I or Loan
Group II, as applicable, created hereby continue beyond the earlier of (i)
the
related latest possible maturity date specified in Section 5.01(c) and (ii)
the
expiration of 21 years from the death of the last survivor of the descendants
of
Xxxxxx X. Xxxxxxx, the late Ambassador of the United States to the Court of
St.
James’s, living on the date of this Agreement.
(c) The
right
of the Depositor or its designee to repurchase all the assets of the Trust
Fund
in Loan Group I or Loan Group II, as applicable, as described in Subsection
10.01(a)(i) above is conditioned upon (i) such purchase occurring after the
Distribution Date on which the aggregate Scheduled Principal Balance of the
related Mortgage Loans (including, in the case of Loan Group II, the Group
II
Subsequent Mortgage Loans) is less than 10% of the sum of the aggregate
Scheduled Principal Balance of the related Mortgage Loans (plus the Group II
Pre-Funded Amount, in the case of Loan Group II), as of the Cut-off Date, or
(ii) the Depositor making a determination, based upon an Opinion of Counsel
addressed to the Depositor, the Trustee and the Securities Administrator, that
the REMIC status of REMIC I, REMIC II, REMIC III or REMIC IV has been lost
or
that a substantial risk exists that such REMIC status will be lost for the
then-current taxable year. At any time thereafter, in the case of (i) or (ii)
above, the Depositor may elect to terminate REMIC I, REMIC II, REMIC III or
REMIC IV at any time, and upon such election, the Depositor or its designee,
shall repurchase all the assets of the Trust Fund described in Subsection
10.01(a)(i) above.
(d) The
Paying Agent shall give notice of any termination to the Certificateholders,
with a copy to the Master Servicer, the Securities Administrator, the Trustee
and the Rating Agencies, upon which the Certificateholders shall surrender
their
Certificates to the Paying Agent for payment of the final distribution and
cancellation. Such notice shall be given by letter, mailed not earlier than
the
l5th day and not later than the 25th day of the month next preceding the month
of such final distribution, and shall specify (i) the Distribution Date upon
which final payment of the Certificates will be made upon presentation and
surrender of the Certificates at the office of the Paying Agent therein
designated, (ii) the amount of any such final payment and (iii) that the Record
Date otherwise applicable to such Distribution Date is not applicable, payments
being made only upon presentation and surrender of the Certificates at the
office of the Paying Agent therein specified.
(e) If
the
option of the Depositor to repurchase or cause the repurchase of all the assets
in the Trust Fund as described in Subsection 10.01(a)(i) above, is exercised,
the Depositor and/or its designee shall deliver to the Paying Agent for deposit
in the Distribution Account, by the Business Day prior to the applicable
Distribution Date, an amount equal to the Termination Purchase Price. Upon
presentation and surrender of the related Certificates by the related
Certificateholders, the Paying Agent shall distribute to such Certificateholders
as directed by the Securities Administrator in writing an amount determined
as
follows: with respect to each Certificate (other than the Class R Certificates),
the outstanding Current Principal Amount, plus with respect to each Certificate
(other than the Class R Certificates), one month’s interest thereon at the
applicable Pass-Through Rate; and with respect to the related Class R
Certificates, the percentage interest evidenced thereby multiplied by the
difference, if any, between the above described repurchase price for the related
Loan Group and the aggregate amount to be distributed to the Holders of the
related Certificates (other than the Class R Certificates). If the proceeds
with
respect to the Mortgage Loans of a Loan Group are not sufficient to pay all
of
the related Senior Certificates of the related Certificate Group in full, any
such deficiency shall be allocated first, to the related Subordinate
Certificates, in inverse order of their numerical designation and then to the
related Senior Certificates of the related Certificate Group on a pro rata
basis. Upon deposit of the Termination Purchase Price and following such final
Distribution Date, the Trustee or the related Custodian, on its behalf, shall
release promptly to the Depositor and/or its designee the related Mortgage
Files
for the remaining related Mortgage Loans, and the related portions of the
Accounts with respect thereto shall terminate, subject to the Paying Agent’s
obligation to hold any amounts payable to the Certificateholders in trust
without interest pending final distributions pursuant to Subsection 10.01(g).
Any other amounts remaining in the Accounts will belong to the
Depositor.
(f) Upon
the
presentation and surrender of the Certificates, the Paying Agent shall
distribute to the remaining Certificateholders, pursuant to the written
direction of the Securities Administrator and in accordance with their
respective interests, all distributable amounts remaining in the Distribution
Account. Upon deposit by the Master Servicer of such distributable amounts,
and
following such final Distribution Date, the Paying Agent shall release promptly
to the Depositor or its designee the Mortgage Files for the remaining Mortgage
Loans, and the Distribution Account shall terminate, subject to the Paying
Agent’s obligation to hold any amounts payable to the Certificateholders in
trust without interest pending final distributions pursuant to this Subsection
10.01(f).
(g) If
not
all of the Certificateholders shall surrender their Certificates for
cancellation within six months after the time specified in the above-mentioned
written notice, the Paying Agent 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, not all the Certificates shall have been surrendered
for cancellation, the Paying Agent may take appropriate steps, or appoint any
agent to take appropriate steps, to contact the remaining Certificateholders
concerning surrender of their Certificates, and the cost thereof shall be paid
out of the funds and other assets which remain subject to this
Agreement.
Section
10.02 Additional
Termination Requirements.
(a) If
the
option of the Depositor to repurchase all of the Mortgage Loans in a Loan Group
under Subsection 10.01(a)(i) above is exercised, the related portion of the
Trust Fund and each related REMIC shall be terminated in accordance with the
following additional requirements, unless the Trustee and Securities
Administrator have been furnished with an Opinion of Counsel addressed to the
Trustee and Securities Administrator to the effect that the failure of the
Trust
to comply with the requirements of this Section 10.02 will not (i) result in
the
imposition of taxes on “prohibited transactions” as defined in Section 860F of
the Code on any REMIC or (ii) cause any REMIC to fail to qualify as a REMIC
at
any time that any Certificates are outstanding:
(i) within
90
days prior to the final Distribution Date, at the written direction of the
Depositor, the Securities Administrator, as agent for the respective Tax Matters
Persons, shall adopt a plan of complete liquidation of each related REMIC
provided to it by the Depositor and shall satisfy all of the requirements of
a
“qualified liquidation” under Section 860F of the Code and any regulations
thereunder, as evidenced by an Opinion of Counsel obtained at the expense of
such Holder; and
(ii) the
Depositor 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 Securities Administrator on behalf of the Trustee
shall
sell or otherwise dispose of all of the related remaining assets of the Trust
Fund in accordance with the terms hereof.
(b) By
their
acceptance of the Residual Certificates, the Holders thereof hereby (i) agree
to
adopt such a plan of complete liquidation of the related REMIC upon the written
request of the Depositor, and to take such action in connection therewith as
may
be reasonably requested by the Depositor, and (ii) appoint the Depositor as
their attorney-in-fact, with full power of substitution, for purposes of
adopting such a plan of complete liquidation. The Securities Administrator
shall
adopt such plan of liquidation by filing the appropriate statement on the final
tax return of each related REMIC. Upon complete liquidation or final
distribution of all of the assets of the Trust Fund, the Trust Fund and each
related REMIC shall terminate.
ARTICLE
XI
[RESERVED]
ARTICLE
XII
MISCELLANEOUS
PROVISIONS
Section
12.01 Intent
of
Parties.
The
parties intend that each of REMIC I, REMIC II and REMIC III shall be treated
as
a REMIC for federal income tax purposes and that the provisions of this
Agreement should be construed in furtherance of this intent.
Section
12.02 Amendment.
(a) This
Agreement may be amended from time to time by the Depositor, the Master
Servicer, the Securities Administrator and the Trustee, without notice to or
the
consent of any of the Certificateholders, to cure any ambiguity, to correct
or
supplement any provisions herein or therein that may be defective or
inconsistent with any other provisions herein or therein, to comply with any
changes in the Code, to revise any provisions to reflect the obligations of
the
parties to this agreement as they relate to Regulation AB or to make any other
provisions with respect to matters or questions arising under this Agreement
which shall not be inconsistent with the provisions of this Agreement; provided,
however, that such action shall not, as evidenced by an Opinion of Independent
Counsel, addressed to the Trustee and the Securities Administrator, adversely
affect in any material respect the interests of any
Certificateholder.
(b) This
Agreement may also be amended from time to time by the Master Servicer, the
Depositor, the Securities Administrator and the Trustee, with the consent of
the
Holders of Certificates evidencing Fractional Undivided Interests aggregating
not less than 51% of the Trust Fund or of the applicable Class or Classes,
if
such amendment affects only such Class or Classes, for the purpose of adding
any
provisions to or changing in any manner or eliminating any of the provisions
of
this Agreement or of modifying in any manner the rights of the
Certificateholders; provided, however, that no such amendment shall (i) reduce
in any manner the amount of, or delay the timing of, payments received on
Mortgage Loans 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 the Holders of which are required to consent to
any
such amendment, without the consent of the Holders of all Certificates then
outstanding, or (iii) cause any REMIC to fail to qualify as a REMIC for federal
income tax purposes, as evidenced by an Opinion of Independent Counsel addressed
to the Trustee and Securities Administrator which shall be provided to the
Trustee and the Securities Administrator other than at the Trustee’s or the
Securities Administrator’s expense. Notwithstanding any other provision of this
Agreement, for purposes of the giving or withholding of consents pursuant to
this Section 12.02(b), Certificates registered in the name of or held for the
benefit of the Depositor, the Securities Administrator, the Master Servicer,
or
the Trustee or any Affiliate thereof shall be entitled to vote their Fractional
Undivided Interests with respect to matters affecting such
Certificates.
(c) Promptly
after the execution of any such amendment, the Securities Administrator shall
furnish a copy of such amendment or written notification of the substance of
such amendment to each Certificateholder, with a copy to the Rating Agencies
and
the Custodians.
(d) In
the
case of an amendment under Subsection 12.02(b) above, it shall not be necessary
for the Certificateholders to approve the particular form of such an amendment.
Rather, it shall be sufficient if the Certificateholders approve the substance
of the amendment. 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) Prior
to
the execution of any amendment to this Agreement, the Trustee and the Securities
Administrator shall be entitled to receive and rely upon an Opinion of Counsel
addressed to the Trustee and the Securities Administrator stating that the
execution of such amendment is authorized or permitted by this Agreement and
that all conditions precedent to such amendment have been satisfied. The Trustee
and the Securities Administrator may, but shall not be obligated to, enter
into
any such amendment which affects the Trustee’s or the Securities Administrator’s
own respective rights, duties or immunities under this Agreement.
Section
12.03 Recordation
of Agreement.
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 Mortgaged Properties
are situated, and in any other appropriate public recording office or elsewhere.
The Depositor shall effect such recordation, at the expense of the Trust upon
the request in writing of a Certificateholder, but only if such direction is
accompanied by an Opinion of Counsel (provided at the expense of the
Certificateholder requesting recordation) to the effect that such recordation
would materially and beneficially affect the interests of the Certificateholders
or is required by law.
Section
12.04 Limitation
on Rights of Certificateholders.
(a) The
death
or incapacity of any Certificateholder shall not terminate this Agreement or
the
Trust, 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, nor otherwise affect the rights,
obligations and liabilities of the parties hereto or any of them.
(b) Except
as
expressly provided in this Agreement, no Certificateholders shall have any
right
to vote or in any manner otherwise control the operation and management of
the
Trust, 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
establish the Certificateholders from time to time as partners or members of
an
association; nor shall any Certificateholders 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,
under or with respect to this Agreement against the Depositor, the Securities
Administrator, the Master Servicer or any successor to any such parties unless
(i) such Certificateholder previously shall have given to the Trustee a written
notice of a continuing default, as herein provided, (ii) the Holders of
Certificates evidencing Fractional Undivided Interests aggregating not less
than
51% of the Trust Fund 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 and expenses and liabilities to be incurred therein
or
thereby, and (iii) 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.
(d) No
one or
more Certificateholders shall have any right by virtue of any provision of
this
Agreement to affect the rights of any other Certificateholders or to obtain
or
seek to obtain priority or preference over any other such Certificateholder,
or
to enforce any right under this Agreement, except in the manner herein provided
and for the equal, ratable and common benefit of all Certificateholders. For
the
protection and enforcement of the provisions of this Section 12.04, each and
every Certificateholder and the Trustee shall be entitled to such relief as
can
be given either at law or in equity.
Section
12.05 Acts
of
Certificateholders.
(a) Any
request, demand, authorization, direction, notice, consent, waiver or other
action provided by this Agreement to be given or taken by Certificateholders
may
be embodied in and evidenced by one or more instruments of substantially similar
tenor signed by such Certificateholders in person or by an agent duly appointed
in writing. Except as herein otherwise expressly provided, such action shall
become effective when such instrument or instruments are delivered to the
Trustee and, where it is expressly required, to the Depositor. Proof of
execution of any such instrument or of a writing appointing any such agent
shall
be sufficient for any purpose of this Agreement and conclusive in favor of
the
Trustee and the Depositor, if made in the manner provided in this Section
12.05.
(b) The
fact
and date of the execution by any Person of any such instrument or writing may
be
proved by the affidavit of a witness of such execution or by a certificate
of a
notary public or other officer authorized by law to take acknowledgments of
deeds, certifying that the individual signing such instrument or writing
acknowledged to him the execution thereof. Where such execution is by a signer
acting in a capacity other than his or her individual capacity, such certificate
or affidavit shall also constitute sufficient proof of his or her authority.
The
fact and date of the execution of any such instrument or writing, or the
authority of the individual executing the same, may also be proved in any other
manner which the Trustee deems sufficient.
(c) The
ownership of Certificates (notwithstanding any notation of ownership or other
writing on such Certificates, except an endorsement in accordance with Section
5.02 made on a Certificate presented in accordance with Section 5.04) shall
be
proved by the Certificate Register, and neither the Trustee, the Securities
Administrator, the Depositor, the Master Servicer nor any successor to any
such
parties shall be affected by any notice to the contrary.
(d) Any
request, demand, authorization, direction, notice, consent, waiver or other
action of the holder of any Certificate shall bind every future holder of the
same Certificate and the holder of every Certificate issued upon the
registration of transfer or exchange thereof, if applicable, or in lieu thereof
with respect to anything done, omitted or suffered to be done by the Trustee,
the Securities Administrator, the Depositor, the Master Servicer or any
successor to any such party in reliance thereon, whether or not notation of
such
action is made upon such Certificates.
(e) In
determining whether the Holders of the requisite percentage of Certificates
evidencing Fractional Undivided Interests have given any request, demand,
authorization, direction, notice, consent or waiver hereunder, Certificates
owned by the Trustee, the Securities Administrator, the Depositor, the Master
Servicer or any Affiliate thereof shall be disregarded, except as otherwise
provided in Section 12.02(b) and except that, in determining whether the Trustee
shall be protected in relying upon any such request, demand, authorization,
direction, notice, consent or waiver, only Certificates which a Responsible
Officer of the Trustee actually knows to be so owned shall be so disregarded.
Certificates which have been pledged in good faith to the Trustee, the
Securities Administrator, the Depositor, the Master Servicer or any Affiliate
thereof may be regarded as outstanding if the pledgor establishes to the
satisfaction of the Trustee the pledgor’s right to act with respect to such
Certificates and that the pledgor is not an Affiliate of the Trustee, the
Securities Administrator, the Depositor, or the Master Servicer, as the case
may
be.
Section
12.06 Governing
Law.
THIS
AGREEMENT AND THE CERTIFICATES SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS
OF
THE STATE OF NEW YORK WITHOUT REFERENCE TO ITS CONFLICT OF LAWS RULES (OTHER
THAN SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW, WHICH THE PARTIES HERETO
EXPRESSLY RELY UPON IN THE CHOICE OF SUCH LAW AS THE GOVERNING LAW HEREUNDER)
AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE
DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section
12.07 Notices.
All
demands and notices hereunder shall be in writing and shall be deemed given
when
delivered at (including delivery by facsimile) or mailed by registered mail,
return receipt requested, postage prepaid, or by recognized overnight courier,
to (i) in the case of the Depositor, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx
00000, Attention: Vice President-Servicing, telecopier number: (000) 000-0000,
or to such other address as may hereafter be furnished to the other parties
hereto in writing; (ii) in the case of the Trustee, at its Corporate Trust
Office, or such other address as may hereafter be furnished to the other parties
hereto in writing; (iii) in the case of the Seller, EMC Mortgage Corporation,
0000 Xxxx Xxxxx Xxxxx, Xxxxxxxxxx, Xxxxx 00000 (Facsimile: (469-759-4714),
attention: President or General Counsel, (iii) in the case of the Master
Servicer , EMC Mortgage Corporation, 0000 Xxxx Xxxxx Xxxxx, Xxxxxxxxxx, Xxxxx
00000 (Facsimile: (000) 000-0000), attention: Xxxxxxxx Xxxxx or such other
address as may be hereafter furnished to the other parties hereto by the Master
Servicer in writing; (iv) in the case of the Securities Administrator, Xxxxx
Fargo Bank, N.A., X.X. Xxx 00, Xxxxxxxx Xxxxxxxx 00000 (or, in the case of
overnight deliveries, 0000 Xxx Xxxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxx 21045)
(Attention: Corporate Trust Services - BSARM 2007-4), facsimile no.: (000)
000-0000, or such other address as may hereafter be furnished to the other
parties hereto in writing; (v) in the case of the Certificate Registrar, the
Certificate Registrar’s Corporate Trust Office or (vi) in the case of the Rating
Agencies, Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, XX 00000, Xxxxx’x
Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention:
Home Equity Monitoring and Standard & Poor’s, a division of The XxXxxx-Xxxx
Companies, Inc., 00 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, or such other
address as may hereafter be furnished to the other parties hereto in writing.
Any notice delivered to the Depositor, the Master Servicer, the Securities
Administrator or the Trustee under this Agreement shall be effective only upon
receipt. Any notice required or permitted to be mailed to a Certificateholder,
unless otherwise provided herein, shall be given by first-class mail, postage
prepaid, at the address of such Certificateholder as shown in the Certificate
Register. Any notice so mailed within the time prescribed in this Agreement
shall be conclusively presumed to have been duly given when mailed, whether
or
not the Certificateholder receives such notice.
Section
12.08 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 severed 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
12.09 Successors
and Assigns.
The
provisions of this Agreement shall be binding upon and inure to the benefit
of
the respective successors and assigns of the parties hereto.
Section
12.10 Article
and Section Headings.
The
article and section headings herein are for convenience of reference only, and
shall not limit or otherwise affect the meaning hereof.
Section
12.11 Counterparts.
This
Agreement may be executed in two or more counterparts each of which when so
executed and delivered shall be an original but all of which together shall
constitute one and the same instrument.
Section
12.12 Notice
to
Rating Agencies.
The
article and section headings herein are for convenience of reference only,
and
shall not limited or otherwise affect the meaning hereof. The Securities
Administrator shall promptly provide notice to each Rating Agency with respect
to each of the following of which a Responsible Officer of the Securities
Administrator has actual knowledge:
1. Any
material change or amendment to this Agreement or the Servicing
Agreements;
2. The
occurrence of any Event of Default that has not been cured;
3. The
resignation or termination of the Master Servicer, the Trustee or the Securities
Administrator;
4. The
repurchase or substitution of Mortgage Loans;
5. The
final payment to Certificateholders; and
6. Any
change in the location of the Distribution Account.
IN
WITNESS WHEREOF, the Depositor, the Trustee, the Master Servicer and the
Securities Administrator have caused their names to be signed hereto by their
respective officers thereunto duly authorized as of the day and year first
above
written.
STRUCTURED
ASSET MORTGAGE INVESTMENTS II INC., as Depositor
|
|||||||||||||
By:
|
/s/ Xxxxx Xxxxxxxxxxx | ||||||||||||
Name:
Xxxxx Xxxxxxxxxxx
|
|||||||||||||
Title:
Vice President
|
|||||||||||||
CITIBANK,
N.A., as Trustee
|
|||||||||||||
By:
|
/s/ Xxxxx Xxxx | ||||||||||||
Name:
Xxxxx Xxxx
|
|||||||||||||
Title:
Vice President
|
|||||||||||||
EMC
MORTGAGE CORPORATION,
as
Master Servicer and Seller
|
|||||||||||||
By:
|
/s/ Xxxx Xxxxxxxx | ||||||||||||
Name:
Xxxx Xxxxxxxx
|
|||||||||||||
Title:
Senior Vice President
|
|||||||||||||
XXXXX
FARGO BANK, N.A., as Securities Administrator
|
|||||||||||||
By:
|
/s/ Xxxxxxxx X. Xxxxxx | ||||||||||||
Name:
Xxxxxxxx X. Xxxxxx
|
|||||||||||||
Title:
Assistant Vice President
|
Accepted
and Agreed as to
Sections
2.01, 2.02, 2.03, 2.04 and 9.09(c)
in
its
capacity as Seller
EMC MORTGAGE CORPORATION, | |||
|
By:
|
/s/ Xxxxx X. Xxxxx | |
Name:
Xxxxx X. Xxxxx
|
|||
Title:
Senior Vice President
|
|||
On
the
31st day of May 2007 before me, a notary public in and for said State,
personally appeared ___________________________, known to me to be a Vice
President of Structured Asset Mortgage Investments II Inc., the corporation
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]
STATE OF NEW YORK | ) | |
) | ss.: | |
COUNTY
OF NEW YORK
|
) |
On
the
31st day of May 2007 before me, a notary public in and for said State,
personally appeared _________________________, known to me to be a Vice
President of Citibank, N.A., the entity that executed the within instrument,
and
also known to me to be the person who executed it on behalf of said entity,
and
acknowledged to me that such 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]
STATE
OF MARYLAND
|
) | |
) | ss.: | |
COUNTY
OF XXXXXX
|
) |
On
the
31st day of May 2007 before me, a notary public in and for said State,
personally appeared ________________________, known to me to be a Vice President
of Xxxxx Fargo Bank, N.A., the entity that executed the within instrument,
and
also known to me to be the person who executed it on behalf of said entity,
and
acknowledged to me that such 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]
STATE
OF MARYLAND
|
) | |
) | ss.: | |
COUNTY
OF XXXXXX
|
) |
On
the
31st day of May 2007 before me, a notary public in and for said State,
personally appeared _____________________________, known to me to be a(n)
_____________________of Xxxxx Fargo Bank, N.A., the entity that executed the
within instrument, and also known to me to be the person who executed it on
behalf of said entity, and acknowledged to me that such 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]
STATE
OF TEXAS
|
) | |
) | ss.: | |
COUNTY
OF DALLAS
|
) |
On
the
31st day of May 2007 before me, a notary public in and for said State,
personally appeared ______________________, known to me to be a
_____________________________ of EMC Mortgage Corporation, the corporation
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]
STATE
OF TEXAS
|
) | |
) | ss.: | |
COUNTY
OF DALLAS
|
) |
On
the
31st day of May 2007 before me, a notary public in and for said State,
personally appeared ________________________, known to me to be a
__________________________ of EMC Mortgage Corporation, the corporation 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]
EXHIBIT
A-1
FORM
OF CLASS A CERTIFICATE AND CLASS X CERTIFICATE
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
(THE “CODE”).
[FOR
THE CLASS A CERTIFICATES] [THE CURRENT PRINCIPAL AMOUNT OF THIS CERTIFICATE
WILL
BE DECREASED BY THE PRINCIPAL PAYMENTS HEREON AND REALIZED LOSSES ALLOCABLE
HERETO. ACCORDINGLY, FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES,
THE
CURRENT PRINCIPAL AMOUNT OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE
DENOMINATION SHOWN BELOW. ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN
ITS
CURRENT PRINCIPAL AMOUNT BY INQUIRY OF THE SECURITIES ADMINISTRATOR NAMED
HEREIN.]
UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY TO THE SECURITIES ADMINISTRATOR OR ITS AGENT FOR REGISTRATION
OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED WILL BE REGISTERED
IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT WILL BE MADE
TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.
Certificate
No. 1
|
[Variable]
[Pass-Through Rate:%]
|
Class
[_]-[_]A-[_] [_]-[_]X-1 Senior
|
|
Date
of Pooling and Servicing Agreement
and
Cut-off Date: May 1, 2007
|
Aggregate
Initial [Current Principal] [Notional] Amount of this Senior Certificate
as of the Cut-off Date: $[_____________]
|
First
Distribution Date:
June
25, 2007
|
Initial
[Current Principal] [Notional] Amount of this Senior Certificate
as of the
Cut-off Date: $[_____________]
|
Master
Servicer:
EMC
Mortgage Corporation
|
CUSIP:
[____________]
|
Assumed
Final Distribution Date:
[ ]
|
BEAR
XXXXXXX ARM TRUST 2007-4
MORTGAGE
PASS-THROUGH CERTIFICATE
SERIES
2007-4
evidencing a fractional undivided interest in the distributions allocable to the Class [_]-[_]A-[_] [_]-[_]X-1 Certificates with respect to a Trust Fund consisting primarily of a pool of adjustable rate mortgage loans secured by first liens on one-to-four family residential properties sold by STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. |
This
Certificate is payable solely from the assets of the Trust Fund relating
to Loan
Group [I] [II] (as defined in the Agreement), and does not represent an
obligation of or interest in Structured Asset Mortgage Investments II Inc.,
the
Master Servicer, the Securities Administrator or the Trustee referred to
below
or any of their affiliates or any other person. Neither this Certificate
nor the
underlying Mortgage Loans are guaranteed or insured by any governmental entity
or by Structured Asset Mortgage Investments II Inc., the Master Servicer,
Securities Administrator or the Trustee or any of their affiliates or any
other
person. None of Structured Asset Mortgage Investments II Inc., the Master
Servicer or any of their affiliates will have any obligation with respect
to any
certificate or other obligation secured by or payable from payments on the
Certificates.
This
certifies that Cede & Co. is the registered owner of the Fractional
Undivided Interest evidenced hereby in the beneficial ownership interest
of
Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
primarily consisting of adjustable rate mortgage loans secured by first liens
on
one- to four- family residential properties (collectively, the “Mortgage Loans”)
sold by Structured Asset Mortgage Investments II Inc. (“XXXX XX”). The Mortgage
Loans were sold by EMC Mortgage Corporation (“EMC”) and Master Funding LLC to
XXXX XX. EMC will act as master servicer of the Mortgage Loans (the “Master
Servicer,” which term includes any successors thereto under the Agreement
referred to below). The Trust Fund was created pursuant to the Pooling and
Servicing Agreement dated as of the Cut-off Date specified above (the
“Agreement”), among XXXX XX, as depositor (the “Depositor”), EMC, as Master
Servicer and seller, Xxxxx Fargo Bank, National Association, as securities
administrator (the “Securities Administrator”) and Citibank, N.A. as
trustee (the “Trustee”), a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, capitalized
terms used herein shall have the meaning ascribed to them in the Agreement.
This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of its acceptance hereof assents and by which such Holder is
bound.
Interest
on this Certificate will accrue during the month prior to the month in which
a
Distribution Date (as hereinafter defined) occurs on the [Current Principal]
[Notional] Amount hereof at a per annum rate equal to the Pass-Through Rate
as
described in the Agreement. The Securities Administrator will distribute
on the
25th day of each month, or, if such 25th day is not a Business Day, the
immediately following Business Day (each, a “Distribution Date”), commencing on
the First Distribution Date specified above, to the Person in whose name
this
Certificate is registered at the close of business on the last Business Day
of
the calendar month preceding the month of such Distribution Date, an amount
equal to the product of the Fractional Undivided Interest evidenced by this
Certificate and the amount (of interest [and principal], if any) required
to be
distributed to the Holders of Certificates of the same Class as this
Certificate. The Assumed Final Distribution Date is the Distribution Date
in the
month immediately following the month of the latest scheduled maturity date
of
any Mortgage Loan and is not likely to be the date on which the [Current
Principal] [Notional] Amount of this Class of Certificates will be reduced
to
zero. [For the Class X Certificates: [The Class [_]-[_]X-1
Certificates have no Current Principal Amount.]
Distributions
on this Certificate will be made by the Paying Agent by check mailed to the
address of the Person entitled thereto as such name and address shall appear
on
the Certificate Register or, if such Person so requests by notifying the
Securities Administrator in writing as specified in the Agreement by wire
transfer. Notwithstanding the above, the final distribution on this Certificate
will be made after due notice by the Paying Agent of the pendency of such
distribution and only upon presentation and surrender of this Certificate
at the
office or agency appointed by the Securities Administrator for that purpose
and
designated in such notice. The Initial [Current Principal] [Notional] Amount
of
this Certificate is set forth above. [For the Class A Certificates: [The
Current
Principal Amount hereof will be reduced to the extent of distributions allocable
to principal hereon and any Realized Losses allocable hereto.]
This
Certificate is one of a duly authorized issue of Certificates designated
as set
forth on the face hereof (the “Certificates”), issued in twenty-eight Classes.
The Certificates, in the aggregate, evidence the entire beneficial ownership
interest in the Trust Fund formed pursuant to the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it
will
look solely to the Trust Fund for payment hereunder and that neither the
Trustee
nor the Securities Administrator is liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is
made to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties and immunities
of the Trustee and the Securities Administrator.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Depositor,
the
Master Servicer, the Securities Administrator and the Trustee and the rights
of
the Certificateholders under the Agreement from time to time by the parties
thereto with the consent of the Holders of Certificates, evidencing Fractional
Undivided Interests aggregating not less than 51% of the Trust Fund (or in
certain cases, Holders of Certificates of affected Classes evidencing such
percentage of the Fractional Undivided Interests thereof). Any such consent
by
the Holder of this Certificate shall be conclusive and binding on such Holder
and upon all future Holders of this Certificate and of any Certificate issued
upon the transfer hereof or in lieu hereof whether or not notation of such
consent is made upon this Certificate. The Agreement also permits the amendment
thereof, in certain limited circumstances, without the consent of the Holders
of
any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set
forth,
the transfer of this Certificate is registrable with the Certificate Registrar
upon surrender of this Certificate for registration of transfer at the offices
or agencies maintained by the Securities Administrator for such purposes,
duly
endorsed by, or accompanied by a written instrument of transfer in form
satisfactory to the Securities Administrator duly executed by the Holder
hereof
or such Holder’s attorney duly authorized in writing, and thereupon one or more
new Certificates in authorized denominations representing a like aggregate
Fractional Undivided Interest will be issued to the designated
transferee.
The
Certificates are issuable only as registered Certificates without coupons
in the
Classes and denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, this Certificate
is exchangeable for one or more new Certificates evidencing the same Class
and
in the same aggregate Fractional Undivided Interest, as requested by the
Holder
surrendering the same.
No
service charge will be made to the Certificateholders for any such registration
of transfer, but the Securities Administrator may require payment of a sum
sufficient to cover any tax or other governmental charge payable in connection
therewith. The Depositor, the Master Servicer, the Securities Administrator,
the
Trustee and any agent of any of them may treat the Person in whose name this
Certificate is registered as the owner hereof for all purposes, and none
of the
Depositor, the Master Servicer, the Securities Administrator, the Trustee
or any
such agent shall be affected by notice to the contrary.
The
obligations created by the Agreement and the Trust Fund relating to Loan
Group
[I] [II] created thereby (other than the obligations to make payments to
related
Certificateholders with respect to the termination of the Agreement) shall
terminate upon the earlier of (i) the later of the (A) final payment or other
liquidation (or Advance with respect thereto) of the last Group [I] [II]
Mortgage Loan remaining in the Trust Fund and disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any Group [I]
[II]
Mortgage Loan and (B) the remittance of all funds relating to Loan Group
[I]
[II] due under the Agreement, or (ii) the optional repurchase by the party
named
in the Agreement of all the Mortgage Loans and other assets of the Trust
Fund
relating to Loan Group [I] [II] in accordance with the terms of the Agreement.
Such optional repurchase may be made only on or after the Distribution Date
on
which the aggregate Stated Principal Balance of the Group [I] [II] Mortgage
Loans is less than or equal to a certain percentage of the aggregate Stated
Principal Balance of the Group [I] [II] Mortgage Loans [FOR GROUP II
CERTIFICATES: [and in the case of Loan Group II, plus the Group II pre-funded
amount,] as of the Cut-off Date as set forth in the Agreement. The exercise
of
such right will effect the early retirement of the Group [I] [II] Certificates.
In no event, however, will the Trust Fund relating to Loan Group [I] [II]
created by the Agreement continue beyond the earlier of (i) the expiration
of 21
years after the death of certain persons identified in the Agreement and
(ii)
the “latest possible maturity date” for the Group [I] [II] Certificates (other
than the [Class R-I Certificates] [Class R-II, Class R-III and Class R-IV
Certificates]) specified in Section 5.01(d) of the Agreement).
Unless
this Certificate has been countersigned by an authorized signatory of the
Securities Administrator by manual signature, this Certificate shall not
be
entitled to any benefit under the Agreement, or be valid for any
purpose.
IN
WITNESS WHEREOF, the Securities Administrator has caused this Certificate
to be
duly executed.
Dated:
May 31, 2007
|
XXXXX
FARGO BANK, N.A.
Not
in its individual capacity but solely as Securities
Administrator
|
||||||||||||
By:
|
|||||||||||||
Authorized
Signatory
|
CERTIFICATE
OF AUTHENTICATION
This
is
one of the Class [_]-[_]A-[_] [_]-[_]X-1 Certificates referred to in the
within-mentioned Agreement.
XXXXX
FARGO BANK, N.A.
Authorized
signatory of Xxxxx Fargo Bank N.A.,
not
in its individual capacity but solely as Securities
Administrator
|
|||||||||||||
By:
|
|||||||||||||
Authorized
Signatory
|
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
__________________________________ (Please print or typewrite name and address
including postal zip code of assignee) a Fractional Undivided Interest evidenced
by the within Mortgage Pass-Through Certificate and hereby authorizes the
transfer of registration of such interest to assignee on the Certificate
Register of the Trust Fund.
I
(We)
further direct the Certificate Registrar to issue a new Certificate of a
like
denomination and Class, to the above named assignee and deliver such Certificate
to the following address:
Dated:
|
||
Signature
by or on behalf of assignor
|
||
Signature
Guaranteed
|
DISTRIBUTION
INSTRUCTIONS
The assignee should include the following for purposes of
distribution:
______________________________________________________________________________________________________________
|
______________________________________________________________________________________________________________
|
for
the account of
________________________________________________________________________________________________
|
account
number _______________________________ or, if mailed by check,
to
_______________________________________________
|
______________________________________________________________________________________________________________
|
Applicable
statements should be mailed to
_____________________________________________________________________________
|
______________________________________________________________________________________________________________
|
This
information is provided by
_______________________________________________________________________________
|
assignee
named above, or
__________________________________________________________________________________________
|
its
agent.
|
EXHIBIT
A-2
FORM
OF CLASS B CERTIFICATE
THIS
CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE GROUP [I] [II] SENIOR
CERTIFICATES, [AND] [THE CLASS [_-B-_] CERTIFICATES][,] [AND] [THE CLASS
[_-B-_]
CERTIFICATES][,] [AND] [THE CLASS [_-B-_] CERTIFICATES][,] [AND] [THE CLASS
[_B-[_] CERTIFICATES] [AND] [THE CLASS [_-B-_] CERTIFICATES] AS DESCRIBED
IN THE
AGREEMENT (AS DEFINED BELOW).
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
(THE “CODE”).
THE
CURRENT PRINCIPAL AMOUNT OF THIS CERTIFICATE WILL BE DECREASED BY THE PRINCIPAL
PAYMENTS HEREON AND ANY REALIZED LOSSES ALLOCABLE HERETO. ACCORDINGLY, FOLLOWING
THE INITIAL ISSUANCE OF THE CERTIFICATES, THE CURRENT PRINCIPAL AMOUNT OF
THIS
CERTIFICATE WILL BE DIFFERENT FROM THE DENOMINATION SHOWN BELOW. ANYONE
ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT PRINCIPAL AMOUNT BY
INQUIRY
OF THE SECURITIES ADMINISTRATOR NAMED HEREIN.
[FOR
CLASS I-B-1, CLASS I-B-2, CLASS I-B-3, CLASS II-B-1, CLASS II-B-2 AND CLASS
II-B-3] [UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE
OF
THE DEPOSITORY TRUST COMPANY TO THE SECURITIES ADMINISTRATOR OR ITS AGENT
FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, ANY CERTIFICATE ISSUED WILL
BE
REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT
WILL
BE MADE TO CEDE & CO. ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF,
CEDE & CO., HAS AN INTEREST HEREIN.]
[FOR
CLASS I-B-1, CLASS I-B-2, CLASS I-B-3, CLASS II-B-1, CLASS II-B-2 AND CLASS
II-B-3] [EACH BENEFICIAL OWNER OF THIS CERTIFICATE OR ANY INTEREST HEREIN
SHALL
BE DEEMED TO HAVE REPRESENTED, BY VIRTUE OF ITS ACQUISITION OR HOLDING OF
THIS
CERTIFICATE OR INTEREST HEREIN, THAT EITHER (I) IT IS NOT AN EMPLOYEE BENEFIT
PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED, OR SECTION 4975 OF THE INTERNAL REVENUE
CODE
OF 1986, AS AMENDED (“PLAN”), OR INVESTING WITH ASSETS OF A PLAN OR (II) IT HAS
ACQUIRED AND IS HOLDING SUCH CERTIFICATE IN RELIANCE ON PROHIBITED TRANSACTION
EXEMPTION 90-30, AS AMENDED FROM TIME TO TIME (“EXEMPTION”), AND THAT IT
UNDERSTANDS THAT THERE ARE CERTAIN CONDITIONS TO THE AVAILABILITY OF THE
EXEMPTION, INCLUDING THAT THE CERTIFICATE MUST BE RATED, AT THE TIME OF
PURCHASE, NOT LOWER THAN “BBB-” (OR ITS EQUIVALENT) BY STANDARD & POOR’S,
FITCH, INC., XXXXX’X INVESTORS SERVICE, INC. OR DOMINION BOND RATING SERVICE,
LIMITED (KNOWN AS DBRS LIMITED) OR DOMINION BOND RATING SERVICE, INC. (KNOWN AS
DBRS, INC.) AND THE CERTIFICATE IS SO RATED OR (III) (1) IT IS AN INSURANCE
COMPANY, (2) THE SOURCE OF FUNDS USED TO ACQUIRE OR HOLD THE CERTIFICATE
OR
INTEREST HEREIN IS AN “INSURANCE COMPANY GENERAL ACCOUNT”, AS SUCH TERM IS
DEFINED IN PROHIBITED TRANSACTION CLASS EXEMPTION (“PTCE”) 95-60, AND (3) THE
CONDITIONS IN SECTIONS I AND III OF PTCE 95-60 HAVE BEEN
SATISFIED.]
[FOR
CLASS I-B-4, CLASS I-B-5, CLASS I-B-6, CLASS II-B-4, CLASS II-B-5 AND CLASS
II-B-6] [THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE
SECURITIES LAWS. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES
THAT
THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED
ONLY
IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY
(1)
PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT
THE HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN
THE
MEANING OF RULE 144A (A “QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB
PURCHASING FOR THE ACCOUNT OF A QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
CASE,
THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE
ON
RULE 144A, (2) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE
144
UNDER THE SECURITIES ACT (IF AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN
“INSTITUTIONAL ACCREDITED INVESTOR” WITHIN THE MEANING THEREOF IN RULE
501(A)(1), (2), (3) OR (7) OF REGULATION D UNDER THE ACT OR ANY ENTITY IN
WHICH
ALL OF THE EQUITY OWNERS COME WITHIN SUCH PARAGRAPHS PURCHASING NOT FOR
DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, SUBJECT TO (A) THE RECEIPT
BY
THE SECURITIES ADMINISTRATOR AND THE CERTIFICATE REGISTRAR OF A LETTER
SUBSTANTIALLY IN THE FORM PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY
THE
SECURITIES ADMINISTRATOR OF SUCH OTHER EVIDENCE ACCEPTABLE TO THE SECURITIES
ADMINISTRATOR AND THE CERTIFICATE REGISTRAR THAT SUCH REOFFER, RESALE, PLEDGE
OR
TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS
OR
IN EACH CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED
STATES AND ANY OTHER APPLICABLE JURISDICTION.]
[FOR
CLASS I-B-4, CLASS I-B-5, CLASS I-B-6, CLASS II-B-4, CLASS II-B-5 AND CLASS
II-B-6] [THIS CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR INDIRECTLY BY,
OR ON
BEHALF OF, AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT WHICH
IS
SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974,
AS
AMENDED, OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED,
UNLESS THE TRANSFEREE CERTIFIES OR REPRESENTS THAT THE PROPOSED TRANSFER
AND
HOLDING OF A CERTIFICATE AND THE SERVICING, MANAGEMENT AND OPERATION OF THE
TRUST AND ITS ASSETS: (I) WILL NOT RESULT IN ANY PROHIBITED TRANSACTION WHICH
IS
NOT COVERED UNDER AN INDIVIDUAL OR CLASS PROHIBITED TRANSACTION EXEMPTION,
INCLUDING, BUT NOT LIMITED TO, PROHIBITED TRANSACTION CLASS EXEMPTION (“PTCE”)
84-14, XXXX 00-00, XXXX 00-0, XXXX 95-60 OR PTCE 96-23 AND (II) WILL NOT
GIVE
RISE TO ANY ADDITIONAL OBLIGATIONS ON THE PART OF THE DEPOSITOR, THE SECURITIES
ADMINISTRATOR, THE CERTIFICATE REGISTRAR, THE MASTER SERVICER OR THE SECURITIES
ADMINISTRATOR, WHICH WILL BE DEEMED REPRESENTED BY AN OWNER OF A BOOK-ENTRY
CERTIFICATE OR A GLOBAL CERTIFICATE OR UNLESS THE OPINION SPECIFIED IN SECTION
5.07 OF THE AGREEMENT IS PROVIDED.]
Certificate
No. 1
|
Variable
Pass-Through Rate
|
Class
[_-B-_] Subordinate
|
|
Date
of Pooling and Servicing Agreement
and
Cut-off Date:
May
1, 2007
|
Aggregate
Initial Current Principal Amount of this Subordinate Certificate
as of the
Cut-off Date: $[_________]
|
First
Distribution Date:
June
25, 2007
|
Initial
Current Principal Amount of this Subordinate Certificate as of
the Cut-off
Date: $[_________]
|
Master
Servicer:
EMC
Mortgage Corporation
|
CUSIP:
[____________]
|
Assumed
Final Distribution Date:
[ ]
|
BEAR
XXXXXXX ARM TRUST 2007-4
MORTGAGE
PASS-THROUGH CERTIFICATE
SERIES
2007-4
evidencing a fractional undivided interest in the distributions allocable to the Class [_-B-_] Certificates with respect to a Trust Fund consisting primarily of a pool of adjustable rate mortgage loans secured by first liens on one-to-four family residential properties sold by STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. |
This
Certificate is payable solely from the assets of the Trust Fund relating
to Loan
Group [I] [II] (as defined in the Agreement), and does not represent an
obligation of or interest in Structured Asset Mortgage Investments II Inc.,
the
Master Servicer, the Securities Administrator or the Trustee referred to
below
or any of their affiliates or any other person. Neither this Certificate
nor the
underlying Mortgage Loans are guaranteed or insured by any governmental entity
or by Structured Asset Mortgage Investments II Inc., the Master Servicer,
the
Securities Administrator or the Trustee or any of their affiliates or any
other
person. None of Structured Asset Mortgage Investments II Inc., the Master
Servicer or any of their affiliates will have any obligation with respect
to any
certificate or other obligation secured by or payable from payments on the
Certificates.
This
certifies that [_____________] is the registered owner of the Fractional
Undivided Interest evidenced hereby in the beneficial ownership interest
of
Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
primarily consisting of adjustable rate mortgage loans secured by first liens
on
one- to four- family residential properties (collectively, the “Mortgage Loans”)
sold by Structured Asset Mortgage Investments II Inc. (“XXXX XX”). The Mortgage
Loans were sold by EMC Mortgage Corporation (“EMC”) and Master Funding LLC to
XXXX XX. EMC will act as master servicer of the Mortgage Loans (the “Master
Servicer,” which term includes any successors thereto under the Agreement
referred to below). The Trust Fund was created pursuant to the Pooling and
Servicing Agreement dated as of the Cut-off Date specified above (the
“Agreement”), among XXXX XX, as depositor (the “Depositor”), EMC, as Master
Servicer and seller, Xxxxx Fargo Bank, National Association, as securities
administrator (the “Securities Administrator”) and Citibank, N.A., as
trustee (the “Trustee”), a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, capitalized
terms used herein shall have the meaning ascribed to them in the Agreement.
This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of its acceptance hereof assents and by which such Holder is
bound.
Interest
on this Certificate will accrue during the month prior to the month in which
a
Distribution Date (as hereinafter defined) occurs on the Current Principal
Amount hereof at a per annum rate equal to the Pass-Through Rate as described
in
the Agreement. The Securities Administrator will distribute on the 25th day
of
each month, or, if such 25th day is not a Business Day, the immediately
following Business Day (each, a “Distribution Date”), commencing on the First
Distribution Date specified above, to the Person in whose name this Certificate
is registered at the close of business on the last Business Day of the calendar
month preceding the month of such Distribution Date, an amount equal to the
product of the Fractional Undivided Interest evidenced by this Certificate
and
the amount (of interest and principal, if any) required to be distributed
to the
Holders of Certificates of the same Class as this Certificate. The Assumed
Final
Distribution Date is the Distribution Date in the month immediately following
the month of the latest scheduled maturity date of any Mortgage Loan and
is not
likely to be the date on which the Current Principal Amount of this Class
of
Certificates will be reduced to zero.
Distributions
on this Certificate will be made by the Paying Agent by check mailed to the
address of the Person entitled thereto as such name and address shall appear
on
the Certificate Register or, if such Person so requests by notifying the
Securities Administrator in writing as specified in the Agreement by wire
transfer. Notwithstanding the above, the final distribution on this Certificate
will be made after due notice by the Paying Agent of the pendency of such
distribution and only upon presentation and surrender of this Certificate
at the
office or agency appointed by the Securities Administrator for that purpose
and
designated in such notice. The Initial Current Principal Amount of this
Certificate is set forth above. The Current Principal Amount hereof will
be
reduced to the extent of distributions allocable to principal hereon and
any
Realized Losses allocable hereto.
[For
Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class II-B-5 and Class
II-B-6] [No transfer of this Class [B-_] Certificate will be made unless
such
transfer is (i) 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 and (ii) made in accordance with Section
5.02
of the Agreement. In the event that such transfer is to be made the
Securities Administrator shall register such transfer if, (i) made to a
transferee who has provided the Securities Administrator with evidence as
to its
QIB status; or (ii) (A) the transferor has advised the Securities Administrator
in writing that the Certificate is being transferred to an Institutional
Accredited Investor and (B) prior to such transfer the transferee furnishes
to
the Securities Administrator an Investment Letter; provided that if based
upon
an Opinion of Counsel to the effect that (A) and (B) above are not sufficient
to
confirm that such transfer is being made pursuant to an exemption from, or
in a
transaction not subject to, the registration requirements of the Securities
Act
and other applicable laws, the Securities Administrator shall as a condition
of
the registration of any such transfer require the transferor to furnish such
other certifications, legal opinions or other information prior to registering
the transfer of this Certificate as shall be set forth in such Opinion of
Counsel.]
[For
Class I-B-1, Class I-B-2, Class I-B-3, Class II-B-1, Class II-B-2 and Class
II-B-3] [Each beneficial owner of this Certificate or any interest herein
shall
be deemed to have represented, by virtue of its acquisition or holding of
this
certificate or interest herein, that either (i) it is not a Plan or investing
with assets of a Plan or (ii) it has acquired and is holding such certificate
in
reliance on Prohibited Transaction Exemption 90-30, as amended from time
to time
(“Exemption”), and that it understands that there are certain conditions to the
availability of the Exemption, including that the certificate must be rated,
at
the time of purchase, not lower than “BBB-” (or its equivalent) by Standard
& Poor’s, Fitch, Inc., Xxxxx’x Investors Service, Inc. or Dominion Bond
Rating Service, Limited (known as DBRS Limited) or Dominion Bond Rating Service,
Inc. (known as DBRS, Inc.) and the certificate is so rated or (iii) (1) it
is an
insurance company, (2) the source of funds used to acquire or hold the
certificate or interest therein is an “insurance company general account”, as
such term is defined in Prohibited Transaction Class Exemption (“PTCE”) 95-60,
and (3) the conditions in Sections I and III of PTCE 95-60 have been
satisfied.]
[For
Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class II-B-5 and Class
II-B-6] [This Certificate may not be acquired directly or indirectly by,
or on
behalf of, an employee benefit plan or other retirement arrangement which
is
subject to Title I of the Employee Retirement Income Security Act of 1974,
as
amended, or Section 4975 of the Internal Revenue Code of 1986, as amended,
unless the transferee certifies or represents that the proposed transfer
and
holding of a Certificate and the servicing, management and operation of the
trust and its assets: (i) will not result in any prohibited transaction which
is
not covered under an individual or class prohibited transaction exemption,
including, but not limited to, Prohibited Transaction Class Exemption (“PTCE”)
84-14, XXXX 00-00, XXXX 00-0, XXXX 95-60 or PTCE 96-23 and (ii) will not
give
rise to any additional obligations on the part of the Depositor, the Securities
Administrator, the Master Servicer or the Trustee, which will be deemed
represented by an owner of a Book-Entry Certificate or a Global Certificate
or
unless the opinion specified in section 5.07 of the Agreement is
provided.]
This
Certificate is one of a duly authorized issue of Certificates designated
as set
forth on the face hereof (the “Certificates”), issued
in twenty-eight Classes. The
Certificates, in the aggregate, evidence the entire beneficial ownership
interest in the Trust Fund formed pursuant to the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it
will
look solely to the Trust Fund for payment hereunder and that neither the
Trustee
nor the Securities Administrator is liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is
made to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties and immunities
of the Trustee and the Securities Administrator.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Depositor,
the
Master Servicer, the Securities Administrator and the Trustee and the rights
of
the Certificateholders under the Agreement from time to time by the parties
thereto with the consent of the Holders of Certificates, evidencing Fractional
Undivided Interests aggregating not less than 51% of the Trust Fund (or in
certain cases, Holders of Certificates of affected Classes evidencing such
percentage of the Fractional Undivided Interests thereof). Any such consent
by
the Holder of this Certificate shall be conclusive and binding on such Holder
and upon all future Holders of this Certificate and of any Certificate issued
upon the transfer hereof or in lieu hereof whether or not notation of such
consent is made upon this Certificate. The Agreement also permits the amendment
thereof, in certain limited circumstances, without the consent of the Holders
of
any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set
forth,
the transfer of this Certificate is registrable with the Securities
Administrator upon surrender of this Certificate for registration of transfer
at
the offices or agencies maintained by the Securities Administrator for such
purposes, duly endorsed by, or accompanied by a written instrument of transfer
in form satisfactory to the Securities Administrator duly executed by the
Holder
hereof or such Holder’s attorney duly authorized in writing, and thereupon one
or more new Certificates in authorized denominations representing a like
aggregate Fractional Undivided Interest will be issued to the designated
transferee.
The
Certificates are issuable only as registered Certificates without coupons
in the
Classes and denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, this Certificate
is exchangeable for one or more new Certificates evidencing the same Class
and
in the same aggregate Fractional Undivided Interest, as requested by the
Holder
surrendering the same.
No
service charge will be made to the Certificateholders for any such registration
of transfer, but the Securities Administrator may require payment of a sum
sufficient to cover any tax or other governmental charge payable in connection
therewith. The Depositor, the Master Servicer, the Securities Administrator,
the
Trustee and any agent of any of them may treat the Person in whose name this
Certificate is registered as the owner hereof for all purposes, and none
of the
Depositor, the Master Servicer, the Securities Administrator, the Trustee
or any
such agent shall be affected by notice to the contrary.
The
obligations created by the Agreement and the Trust Fund relating to Loan
Group
[I] [II] created thereby (other than the obligations to make payments to
related
Certificateholders with respect to the termination of the Agreement) shall
terminate upon the earlier of (i) the later of the (A) final payment or other
liquidation (or Advance with respect thereto) of the last Group [I] [II]
Mortgage Loan remaining in the Trust Fund and disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any Group [I]
[II]
Mortgage Loan and (B) the remittance of all funds relating to Loan Group
[I]
[II] due under the Agreement, or (ii) the optional repurchase by the party
named
in the Agreement of all the Mortgage Loans and other assets of the Trust
Fund
relating to Loan Group [I] [II] in accordance with the terms of the Agreement.
Such optional repurchase may be made only on or after the Distribution Date
on
which the aggregate Stated Principal Balance of the Group [I] [II] Mortgage
Loans is less than or equal to a certain percentage of the aggregate Stated
Principal Balance of the Group [I] [II] Mortgage Loans [FOR GROUP II
CERTIFICATES: [and in the case of Loan Group II, plus the Group II pre-funded
amount,] as of the Cut-off Date as set forth in the Agreement. The exercise
of
such right will effect the early retirement of the Group [I] [II] Certificates.
In no event, however, will the Trust Fund relating to Loan Group [I] [II]
created by the Agreement continue beyond the earlier of (i) the expiration
of 21
years after the death of certain persons identified in the Agreement and
(ii)
the “latest possible maturity date” for the Group [I] [II] Certificates (other
than the [Class R-I Certificates] [Class R-II, Class R-III and Class R-IV
Certificates]) specified in Section 5.01(d) of the Agreement).
Unless
this Certificate has been countersigned by an authorized signatory of the
Securities Administrator by manual signature, this Certificate shall not
be
entitled to any benefit under the Agreement, or be valid for any
purpose.
IN
WITNESS WHEREOF, the Securities Administrator has caused this Certificate
to be
duly executed.
Dated:
May 31, 2007
|
XXXXX
FARGO BANK, N.A.
Not
in its individual capacity but solely as Securities
Administrator
|
||||||||||||
By:
|
|||||||||||||
Authorized
Signatory
|
CERTIFICATE
OF AUTHENTICATION
This
is
one of the Class [_-B-_] Certificates referred to in the within-mentioned
Agreement.
XXXXX
FARGO BANK, N.A.
Authorized
signatory of Xxxxx Fargo Bank, N.A., not in its individual capacity
but
solely as Securities Administrator
|
|||||||||||||
By:
|
|||||||||||||
Authorized
Signatory
|
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
__________________________________ (Please print or typewrite name and address
including postal zip code of assignee) a Fractional Undivided Interest evidenced
by the within Mortgage Pass-Through Certificate and hereby authorizes the
transfer of registration of such interest to assignee on the Certificate
Register of the Trust Fund.
I
(We)
further direct the Certificate Registrar to issue a new Certificate of a
like
denomination and Class, to the above named assignee and deliver such Certificate
to the following address:
Dated:
|
|
Signature
by or on behalf of assignor
|
|
Signature
Guaranteed
|
DISTRIBUTION
INSTRUCTIONS
The assignee should include the following for purposes of
distribution:
______________________________________________________________________________________________________________
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______________________________________________________________________________________________________________
|
for
the account of
________________________________________________________________________________________________
|
account
number _______________________________ or, if mailed by check,
to
_______________________________________________
|
______________________________________________________________________________________________________________
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Applicable
statements should be mailed to
_____________________________________________________________________________
|
______________________________________________________________________________________________________________
|
This
information is provided by
_______________________________________________________________________________
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assignee
named above, or
__________________________________________________________________________________________
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its
agent.
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EXHIBIT
A-3
FORM
OF CLASS R CERTIFICATE
THIS
CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON,
A
PUBLICLY TRADED PARTNERSHIP OR A DISQUALIFIED ORGANIZATION (AS DEFINED
BELOW).
SOLELY
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED,
RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
(THE “CODE”).
THIS
CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR INDIRECTLY BY, OR ON BEHALF OF,
AN
EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT WHICH IS SUBJECT TO
TITLE
I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR
SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, UNLESS THE PROPOSED
TRANSFEREE PROVIDES THE SECURITIES ADMINISTRATOR WITH AN OPINION OF COUNSEL
FOR
THE BENEFIT OF THE DEPOSITOR, THE TRUSTEE, THE MASTER SERVICER, THE CERTIFICATE
REGISTRAR AND THE SECURITIES ADMINISTRATOR AND ON WHICH THEY MAY RELY (WHICH
SHALL NOT BE AT THE EXPENSE OF THE SECURITIES ADMINISTRATOR) WHICH IS ACCEPTABLE
TO THE SECURITIES ADMINISTRATOR, THAT THE PURCHASE OF THIS CERTIFICATE WILL
NOT
RESULT IN OR CONSTITUTE A NONEXEMPT PROHIBITED TRANSACTION, IS PERMISSIBLE
UNDER
APPLICABLE LAW AND WILL NOT GIVE RISE TO ANY ADDITIONAL OBLIGATIONS ON THE
PART
OF THE SELLER, THE MASTER SERVICER, ANY SERVICER, THE CERTIFICATE REGISTRAR,
THE
SECURITIES ADMINISTRATOR OR THE TRUSTEE.
ANY
RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY
IF
THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE SECURITIES
ADMINISTRATOR, THE DEPOSITOR, THE CERTIFICATE REGISTRAR AND THE TRUSTEE
THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY STATE OR POLITICAL
SUBDIVISION THEREOF, ANY POSSESSION OF THE UNITED STATES, OR ANY AGENCY OR
INSTRUMENTALITY OF ANY OF THE FOREGOING (OTHER THAN AN INSTRUMENTALITY WHICH
IS
A CORPORATION IF ALL OF ITS ACTIVITIES ARE SUBJECT TO TAX AND EXCEPT FOR
XXXXXXX
MAC, A MAJORITY OF ITS BOARD OF DIRECTORS IS NOT SELECTED BY SUCH GOVERNMENTAL
UNIT), (B) A FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY
OR INSTRUMENTALITY OF EITHER OF THE FOREGOING, (C) ANY ORGANIZATION (OTHER
THAN
CERTAIN FARMERS’ COOPERATIVES DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS
EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION
IS
SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE (INCLUDING THE TAX
IMPOSED
BY SECTION 511 OF THE CODE ON UNRELATED BUSINESS TAXABLE INCOME), (D) RURAL
ELECTRIC AND TELEPHONE COOPERATIVES DESCRIBED IN SECTION 1381(a)(2)(C) OF
THE
CODE, (E) AN ELECTING LARGE PARTNERSHIP UNDER SECTION 775(a) OF THE CODE
(ANY
SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), (C), (D) OR (E)
BEING
HEREIN REFERRED TO AS A “DISQUALIFIED ORGANIZATION”), OR (F) AN AGENT OF A
DISQUALIFIED ORGANIZATION, (2) SUCH TRANSFEREE IS A UNITED STATES PERSON
UNDER
SECTION 7701 OF THE CODE, (3) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE
ASSESSMENT OR COLLECTION OF TAX AND (4) SUCH TRANSFEREE SATISFIES CERTAIN
ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED
TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE
REGISTER OR ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO
A
DISQUALIFIED ORGANIZATION OR A NON-UNITED STATES PERSON OR AN AGENT OF A
DISQUALIFIED ORGANIZATION OR A NON-UNITED STATES PERSON, SUCH REGISTRATION
SHALL
BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL
NOT
BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING,
BUT
NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS
CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS
CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS
PARAGRAPH.
Certificate
No. 1
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Class
R-[_]
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|
Date
of Pooling and Servicing Agreement and
Cut-off Date:
May
1, 2007
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Aggregate
Initial Current Principal Amount of this Certificate as of the
Cut-off
Date:
$[___________]
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First
Distribution Date:
June
25, 2007
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Initial
Current Principal Amount of this Certificate as of the Cut-off
Date:
$[_________]
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Master
Servicer:
EMC
Mortgage Corporation
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CUSIP:
[_____________]
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Assumed
Final Distribution Date:
[ ]
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BEAR
XXXXXXX ARM TRUST 2007-4
MORTGAGE
PASS-THROUGH CERTIFICATE
SERIES
2007-4
evidencing a fractional undivided interest in the distributions allocable to the Class R-[_] Certificates with respect to a Trust Fund consisting primarily of a pool of adjustable rate mortgage loans secured by first liens on one-to-four family residential properties sold by STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. |
This
Certificate is payable solely from the assets of the Trust Fund relating
to Loan
Group [I] [II] (as defined in the Agreement), and does not represent an
obligation of or interest in Structured Asset Mortgage Investments II Inc.,
the
Master Servicer or the Trustee referred to below or any of their affiliates
or
any other person. Neither this Certificate nor the underlying Mortgage Loans
are
guaranteed or insured by any governmental entity or by Structured Asset Mortgage
Investments II Inc., the Master Servicer or the Trustee or any of their
affiliates or any other person. None of Structured Asset Mortgage Investments
II
Inc., the Master Servicer or any of their affiliates will have any obligation
with respect to any certificate or other obligation secured by or payable
from
payments on the Certificates.
This
certifies that [_____________] is the registered owner of the Fractional
Undivided Interest evidenced hereby in the beneficial ownership interest
of
Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
primarily consisting of adjustable rate mortgage loans secured by first liens
on
one- to four- family residential properties (collectively, the “Mortgage Loans”)
sold by Structured Asset Mortgage Investments II Inc. (“XXXX XX”). The Mortgage
Loans were sold by EMC Mortgage Corporation (“EMC”) and Master Funding LLC to
XXXX XX. EMC will act as master servicer of the Mortgage Loans (the “Master
Servicer,” which term includes any successors thereto under the Agreement
referred to below). The Trust Fund was created pursuant to the Pooling and
Servicing Agreement dated as of the Cut-off Date specified above (the
“Agreement”), among XXXX XX, as depositor (the “Depositor”), EMC, as Master
Servicer and seller, Xxxxx Fargo Bank, National Association, as securities
administrator (the “Securities Administrator”) and Citibank, N.A., as
trustee (the “Trustee”), a summary of certain of the pertinent provisions of
which is set forth hereafter. To the extent not defined herein, capitalized
terms used herein shall have the meaning ascribed to them in the Agreement.
This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate
by virtue of its acceptance hereof assents and by which such Holder is
bound.
The
Securities Administrator will distribute on the 25th day of each month, or,
if
such 25th day is not a Business Day, the immediately following Business Day
(each, a “Distribution Date”), commencing on the First Distribution Date
specified above, to the Person in whose name this Certificate is registered
at
the close of business on the last Business Day of the calendar month preceding
the month of such Distribution Date, an amount equal to the product of the
Fractional Undivided Interest evidenced by this Certificate and the amount
(of
principal, if any) required to be distributed to the Holders of Certificates
of
the same Class as this Certificate. The Assumed Final Distribution Date is
the
Distribution Date in the month immediately following the month of the latest
scheduled maturity date of any Mortgage Loan and is not likely to be the
date on
which the Current Principal Amount of this Class of Certificates will be
reduced
to zero.
Distributions
on this Certificate will be made by the Paying Agent by check mailed to the
address of the Person entitled thereto as such name and address shall appear
on
the Certificate Register or, if such Person so requests by notifying the
Securities Administrator in writing as specified in the Agreement by wire
transfer. Notwithstanding the above, the final distribution on this Certificate
will be made after due notice by the Paying Agent of the pendency of such
distribution and only upon presentation and surrender of this Certificate
at the
office or agency appointed by the Securities Administrator for that purpose
and
designated in such notice. The Initial Current Principal Amount of this
Certificate is set forth above. The Current Principal Amount hereof will
be
reduced to the extent of distributions allocable to principal hereon and
any
Realized Losses allocable hereto.
Each
Holder of this Certificate will be deemed to have agreed to be bound by the
restrictions set forth in the Agreement to the effect that (i) each person
holding or acquiring any Ownership Interest in this Certificate must be a
United
States Person and a Permitted Transferee, (ii) the transfer of any Ownership
Interest in this Certificate will be conditioned upon the delivery to the
Depositor, the Trustee, the Certificate Registrar and the Securities
Administrator of, among other things, an affidavit to the effect that it
is a
United States Person and Permitted Transferee, (iii) any attempted or purported
transfer of any Ownership Interest in this Certificate in violation of such
restrictions will be absolutely null and void and will vest no rights in
the
purported transferee, and (iv) if any person other than a United States Person
and a Permitted Transferee acquires any Ownership Interest in this Certificate
in violation of such restrictions, then the Depositor will have the right,
in
its sole discretion and without notice to the Holder of this Certificate,
to
sell this Certificate to a purchaser selected by the Depositor, which purchaser
may be the Depositor, or any affiliate of the Depositor, on such terms and
conditions as the Depositor may choose.
This
certificate may not be acquired directly or indirectly by, or on behalf of,
an
employee benefit plan or other retirement arrangement which is subject to
Title
I of the Employee Retirement Income Security Act of 1974, as amended, or
Section
4975 of the Internal Revenue Code of 1986, as amended, unless the proposed
transferee provides the Securities Administrator with an opinion of counsel
for
the benefit of the Depositor, Master Servicer and the Securities Administrator
and on which they may rely (which shall not be at the expense of the Securities
Administrator) which is acceptable to the Securities Administrator, that
the
purchase of this Certificate will not result in or constitute a nonexempt
prohibited transaction, is permissible under applicable law and will not
give
rise to any additional obligations on the part of the Seller, the Master
Servicer, any Servicer, the Securities Administrator or the
Trustee.
This
Certificate is one of a duly authorized issue of Certificates designated
as set
forth on the face hereof (the “Certificates”), issued in
twenty-eight Classes. The Certificates, in the aggregate,
evidence the entire beneficial ownership interest in the Trust Fund formed
pursuant to the Agreement.
The
Certificateholder, by its acceptance of this Certificate, agrees that it
will
look solely to the Trust Fund for payment hereunder and that neither the
Trustee
nor the Securities Administrator is liable to the Certificateholders for
any
amount payable under this Certificate or the Agreement or, except as expressly
provided in the Agreement, subject to any liability under the
Agreement.
This
Certificate does not purport to summarize the Agreement and reference is
made to
the Agreement for the interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties and immunities
of the Trustee and the Securities Administrator.
The
Agreement permits, with certain exceptions therein provided, the amendment
thereof and the modification of the rights and obligations of the Depositor,
the
Master Servicer, the Securities Administrator and the Trustee and the rights
of
the Certificateholders under the Agreement from time to time by the parties
thereto with the consent of the Holders of Certificates, evidencing Fractional
Undivided Interests aggregating not less than 51% of the Trust Fund (or in
certain cases, Holders of Certificates of affected Classes evidencing such
percentage of the Fractional Undivided Interests thereof). Any such consent
by
the Holder of this Certificate shall be conclusive and binding on such Holder
and upon all future Holders of this Certificate and of any Certificate issued
upon the transfer hereof or in lieu hereof whether or not notation of such
consent is made upon this Certificate. The Agreement also permits the amendment
thereof, in certain limited circumstances, without the consent of the Holders
of
any of the Certificates.
As
provided in the Agreement and subject to certain limitations therein set
forth,
the transfer of this Certificate is registrable with the Certificate Registrar
upon surrender of this Certificate for registration of transfer at the offices
or agencies maintained by the Securities Administrator for such purposes,
duly
endorsed by, or accompanied by a written instrument of transfer in form
satisfactory to the Securities Administrator duly executed by the Holder
hereof
or such Holder’s attorney duly authorized in writing, and thereupon one or more
new Certificates in authorized denominations representing a like aggregate
Fractional Undivided Interest will be issued to the designated
transferee.
The
Certificates are issuable only as registered Certificates without coupons
in the
Classes and denominations specified in the Agreement. As provided in the
Agreement and subject to certain limitations therein set forth, this Certificate
is exchangeable for one or more new Certificates evidencing the same Class
and
in the same aggregate Fractional Undivided Interest, as requested by the
Holder
surrendering the same.
No
service charge will be made to the Certificateholders for any such registration
of transfer, but the Securities Administrator may require payment of a sum
sufficient to cover any tax or other governmental charge payable in connection
therewith. The Depositor, the Master Servicer, the Securities Administrator,
the
Trustee and any agent of any of them may treat the Person in whose name this
Certificate is registered as the owner hereof for all purposes, and none
of the
Depositor, the Master Servicer, the Securities Administrator, the Trustee
or any
such agent shall be affected by notice to the contrary.
The
obligations created by the Agreement and the Trust Fund relating to Loan
Group
[I] [II] created thereby (other than the obligations to make payments to
related
Certificateholders with respect to the termination of the Agreement) shall
terminate upon the earlier of (i) the later of the (A) final payment or other
liquidation (or Advance with respect thereto) of the last Group [I] [II]
Mortgage Loan remaining in the Trust Fund and disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any Group [I]
[II]
Mortgage Loan and (B) the remittance of all funds relating to Loan Group
[I]
[II] due under the Agreement, or (ii) the optional repurchase by the party
named
in the Agreement of all the Mortgage Loans and other assets of the Trust
Fund
relating to Loan Group [I] [II] in accordance with the terms of the Agreement.
Such optional repurchase may be made only on or after the Distribution Date
on
which the aggregate Stated Principal Balance of the Group [I] [II] Mortgage
Loans is less than or equal to a certain percentage of the aggregate Stated
Principal Balance of the Group [I] [II] Mortgage Loans [FOR GROUP II
CERTIFICATES: [and in the case of Loan Group II, plus the Group II pre-funded
amount,] as of the Cut-off Date as set forth in the Agreement. The exercise
of
such right will effect the early retirement of the Group [I] [II] Certificates.
In no event, however, will the Trust Fund relating to Loan Group [I] [II]
created by the Agreement continue beyond the earlier of (i) the expiration
of 21
years after the death of certain persons identified in the Agreement and
(ii)
the “latest possible maturity date” for the Group [I] [II] Certificates (other
than the [Class R-I Certificates] [Class R-II, Class R-III and Class R-IV
Certificates]) specified in Section 5.01(d) of the Agreement).
Unless
this Certificate has been countersigned by an authorized signatory of the
Securities Administrator by manual signature, this Certificate shall not
be
entitled to any benefit under the Agreement, or be valid for any
purpose.
IN
WITNESS WHEREOF, the Securities Administrator has caused this Certificate
to be
duly executed.
Dated:
May 31, 2007
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XXXXX
FARGO BANK, N.A.
Not
in its individual capacity but solely as Securities
Administrator
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||||||||||||
By:
|
|||||||||||||
Authorized
Signatory
|
CERTIFICATE
OF AUTHENTICATION
This
is
one of the Class R-[_] Certificates referred to in the within-mentioned
Agreement.
XXXXX
FARGO BANK, N.A.
Authorized
signatory of Xxxxx Fargo Bank, N.A., not in its individual capacity
but
solely as Securities Administrator
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|||||||||||||
By:
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|||||||||||||
Authorized
Signatory
|
ASSIGNMENT
FOR
VALUE
RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
__________________________________ (Please print or typewrite name and address
including postal zip code of assignee) a Fractional Undivided Interest evidenced
by the within Mortgage Pass-Through Certificate and hereby authorizes the
transfer of registration of such interest to assignee on the Certificate
Register of the Trust Fund.
I
(We)
further direct the Certificate Registrar to issue a new Certificate of a
like
denomination and Class, to the above named assignee and deliver such Certificate
to the following address:
Dated:
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Signature
by or on behalf of assignor
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Signature
Guaranteed
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DISTRIBUTION
INSTRUCTIONS
The assignee should include the following for purposes of
distribution:
______________________________________________________________________________________________________________
|
______________________________________________________________________________________________________________
|
for
the account of
________________________________________________________________________________________________
|
account
number _______________________________ or, if mailed by check,
to
_______________________________________________
|
______________________________________________________________________________________________________________
|
Applicable
statements should be mailed to
_____________________________________________________________________________
|
______________________________________________________________________________________________________________
|
This
information is provided by
_______________________________________________________________________________
|
assignee
named above, or
__________________________________________________________________________________________
|
its
agent.
|
EXHIBIT
B
MORTGAGE
LOAN SCHEDULE
LOAN_SEQ CITY1 ZIP_CODE STATE PROPTYPE ---------------------------------------------------------------------------------------------------------------------------- 17151996 XXXXXX 00000 XX Single Family 17151960 OLYMPIA 98502 WA Single Family 17151912 BOSTON 02116 MA Condominium 17151914 MUNDELEIN 60060 IL Single Family 17151922 ARMONK 10504 NY Single Family 17151924 REDLANDS 92373 CA Condominium 17151926 SAN XXXXXX 94070 CA Single Family 17151927 NATICK 01760 MA Single Family 17151929 XXXXXXXXXX XXXXXXX 00000 MD Condominium 17151931 XXXXXX XXXXXXX 00000 FL PUD 17151946 STERLING 20164 VA Condominium 17151925 LOS ANGELES 90008 CA Single Family 17151928 SAN XXXX 95120 CA Single Family 17151930 TULARE 93274 CA Single Family 17151932 BAKERSFIELD 93305 CA Single Family 17151934 NEW YORK 10007 NY Condominium 17151937 XXXXXXX 00000 XX Single Family 17151938 SAN XXXXX 94583 CA Single Family 17151939 AMAGANSETT 11930 NY Single Family 17151940 PORTLAND 97236 OR Single Family 17151941 SAG HARBOR 11963 NY Single Family 17151942 SYLMAR 91342 CA Single Family 17151943 SANFORD 32771 FL PUD 17151944 DARNESTOWN 20874 MD Single Family 17151945 SAN XXXXX 94582 CA PUD 17151947 XXXXXXXXX XXXXX 00000 CA 2-4 Family 17151948 CARLSBAD 92009 CA PUD 17151949 MANASSAS 20112 VA Single Family 17151951 CYPRESS 77429 TX PUD 17151954 XXXXXXX 00000 XX Single Family 17151955 HINGHAM 02043 MA Single Family 17151956 ROSWELL 30075 GA Single Family 17151958 NAPA 94559 CA Single Family 17151961 XXXX XXXXX 95442 CA Single Family 17151962 XXXXXXXXX 00000 XX Single Family 17151963 POWAY 92064 CA Single Family 17151964 TRACY 95377 CA Single Family 17151965 NEW YORK 10016 NY Condominium 17151967 XXXXXXXXXXX 00000 XX Single Family 17151969 XXXXXXX XXXX 00000 CA Single Family 17151970 LAS VEGAS 89135 NV PUD 17151972 XXXXXXXX 94553 CA PUD 17151973 XXXXXXXXXXXXXX 00000 XX Single Family 17151975 XXXXXXXXXX 00000 XX Single Family 17151977 XXXXXX 95655 CA PUD 17151978 PLEASANTON 94588 CA PUD 17152017 XXXXXXXXX 00000 XX Single Family 17152018 XXXXXX VALLEY 92557 CA Single Family 17152019 HYATTSVILLE 20781 MD Single Family 17152020 PETALUMA 94952 CA Single Family 17152021 RANCHO PALOS VERDES 90275 CA PUD 17152022 XXXXXXX 00000 XX Single Family 17152023 XXXX XXXX 00000 CA Single Family 17152024 SAN XXXX 95125 CA Single Family 17152025 SAN DIEGO 92130 CA PUD 17152026 MILL VALLEY 94941 CA Single Family 17152027 ESCONDIDO 92026 CA Single Family 17152028 PALO ALTO 94301 CA Single Family 17152029 IRVINE 92620 CA PUD 17151979 XXX XXXX 00000 NY Condominium 17151980 LOS ANGELES 91326 CA Single Family 17151982 SAN XXXX 95116 CA 2-4 Family 17151986 CENTREVILLE 20120 VA PUD 17151987 XXXXX XXXX 00000 CA Single Family 17151988 XXXXXXXXXXX 00000 XX Single Family 17151989 LOS ANGELES 91306 CA Single Family 17151990 SUMMERVILLE 29483 SC PUD 17151991 XXXXXXXXXX 00000 XX Single Family 17151994 SAN DIEGO 92128 CA Condominium 17152000 PASADENA 91105 CA Single Family 17152001 POMONA 91766 CA Condominium 17152003 SAN XXXXX 94582 CA PUD 17152004 LOS ANGELES 91342 CA Single Family 17152006 ROYAL OAK 48073 MI Single Family 17152008 PLEASANTON 94588 CA PUD 17152009 SPRINGVILLE 84663 UT Single Family 17152010 SPARKS 89436 NV PUD 17152011 RANCHO CUCAMONGA 91737 CA Single Family 17152012 GARDENA 90247 CA Condominium 17152013 XXXXX XXXX 00000 CA Single Family 17152015 XXXXXXXXXX 00000 AZ Single Family 17151898 GLENDALE 91206 CA Single Family 17151899 WEST COVINA 91792 CA 2-4 Family 17151902 TORRANCE 90503 CA Condominium 17151903 PORTLAND 97214 OR Single Family 17151904 XXXXXXX 00000 XX PUD 17151905 XXXXXXX XXXX 00000 CA Single Family 17151906 LONG BEACH 90805 CA Single Family 17151908 GILROY 95020 CA Single Family 17151909 CANOGA PARK AREA 91304 CA Single Family 17151910 XXXXXX 00000 XX Single Family 17151916 SUN CITY 85373 AZ PUD 17151921 XXXX XXXXXXXXXX 00000 NY PUD 17151923 ALPINE 07620 NJ Single Family 17151911 SEAL BEACH 90740 CA PUD 17151957 LAS VEGAS 89120 NV Single Family 17151995 SANTA XXX 92707 CA Single Family 17153681 BRONX 10474 NY 2-4 Family 17153682 PARK CITY 84098 UT Condominium 17153683 REHOBOTH 02769 MA Single Family 17153684 DENVER 80202 CO Condominium 17153685 WEEHAWKEN 07086 NJ 2-4 Family 17153686 PARSIPPANY 07054 NJ Single Family 17153688 WOODLAND 95695 CA Single Family 17153689 PARK CITY 84098 UT Condominium 17153690 XXXXX XXX XXXXXXXXX 00000 CA Single Family 17153691 XXXXXX BEACH 93433 CA Single Family 17153692 HOBE SOUND 33455 FL Single Family 17153693 SARASOTA 34233 FL Condominium 17153694 LOS ANGELES 90034 CA 2-4 Family 17153695 HALF MOON BA 94019 CA Condominium 17153696 SAN XXXX 95138 CA Single Family 17153697 HENDERSON 89052 NV Single Family 17153698 LOS ANGELES 90026 CA Single Family 17153699 ST PETERSBURG 33713 FL Single Family 17153700 FAIRBURN 30213 GA Single Family 17153701 LOS ANGELES 90042 CA Single Family 17153702 CONCORD 94520 CA PUD 17153703 BROOKLINE 02445 MA Condominium 17153704 NORTH LAS VE 89081 NV Single Family 17153705 BAKERSFIELD 93313 CA Single Family 17153706 LAS VEGAS 89121 NV Single Family 17153707 RESEDA 91335 CA Condominium 17153708 XXXX XXXX XXXXX 00000 FL PUD 17153709 SAN XXXXXXXX 94107 CA Condominium 17153710 ELK GROVE 95758 CA Single Family 17153711 ATLANTA 30310 GA Single Family 17153712 ST PETERSBER 33705 FL Condominium 17153713 XXXXX XXXX 00000 CA Condominium 17153714 LOS ANGELES 90046 CA Single Family 17153715 XXXXXXXXXX 00000 XX Condominium 17153716 ANAHEIM 92804 CA Single Family 17153717 COROLLA 27927 NC Single Family 17153718 NORFOLK 23503 VA Single Family 17153719 LAS VEGAS 89123 NV Condominium 17153720 TACOMA 98408 WA Single Family 17153721 BRADENTON 34202 FL PUD 17153722 MURFREESBORO 37128 TN Single Family 17153723 BRADENTON 34202 FL PUD 17153726 BAKERSFIELD 93308 CA Single Family 00000000 XXXX XXXX XX 00000 CA 2-4 Family 17153728 LEHIGH ACRES 33971 FL PUD 17153729 AURORA 80014 CO PUD 17153537 ALBUQUERQUE 87114 NM Single Family 17153539 XXXX XXXXX 00000 FL Single Family 17153540 BRENTWOOD 94513 CA PUD 17153541 LAS VEGAS 89129 NV Single Family 17153542 LAS VEGAS 89128 NV Single Family 17153543 LAS VEGAS 89129 NV Single Family 17153544 SAN XXXX 95122 CA Single Family 17153545 QUECHEE 05059 VT PUD 17153546 SUN VALLEY 89433 NV 2-4 Family 17153547 XXXXXX ISLAN 98040 WA Single Family 17153548 FRESNO 93702 CA Single Family 17153549 PACIFICA 94044 CA Single Family 17153550 CROFTON 21114 MD Single Family 17153551 OAKLAND 94605 CA PUD 17153552 SAN XXXX 95116 CA Condominium 17153553 XXXXXXX 00000 XX Condominium 17153554 PAHRUMP 89048 NV Single Family 17153556 CRESCENT CIT 95531 CA 2-4 Family 17153557 GRAND TERRACE 92313 CA Condominium 17153558 ALEXANDRIA 22302 VA Condominium 17153559 SAN XXXX 95118 CA PUD 17153560 PRINCEVILLE 96722 HI Condominium 17153561 NEW CANEY 77357 TX Single Family 17153562 SANTA XXXX 95407 CA Single Family 17153563 XXXXXXXXX 00000 OR Single Family 17153564 XXXXXXXXX 21701 MD Single Family 17153565 ANTIOCH 94531 CA Single Family 17153566 SLIDELL 70461 LA Single Family 17153567 TUALATIN 97062 OR Single Family 17153568 TIGARD 97223 OR Single Family 17153569 FT LAUDERDAL 33312 FL Condominium 17153570 SAN JACINTO 92583 CA Single Family 17153571 SPANAWAY 98387 WA Single Family 17153572 TEMECULA 92592 CA Single Family 17153573 ODENTON 21117 MD PUD 17153575 SAN LEANDRO 94578 CA 2-4 Family 17153576 MANTECA 95337 CA Single Family 17153577 HOMESTEAD 33030 FL Condominium 17153578 RUMSON 07760 NJ Single Family 17153579 RENO 89506 NV Single Family 17153580 XXXXXXXX XXX 00000 XX XXX 17153581 PENSACOLA 32507 FL Condominium 17153582 LEHIGH ACRES 33971 FL Single Family 17153583 SCOTTSDALE 85251 AZ Condominium 17153584 MARTINSBURG 25405 WV Single Family 17153585 BRADENTON 34208 FL Single Family 17153586 SONOMA 95476 CA Single Family 17153587 MILL CREEK 98012 WA Condominium 17153588 SAN XXXX 95128 CA Condominium 17153589 SAN XXXX 95128 CA Condominium 17153591 SAN XXXX 95133 CA Single Family 17153592 SPANAWAY 98387 WA Single Family 17153593 WILDOMAR 92595 CA Single Family 17153596 RESTON 20190 VA Townhouse 17153597 SAN XXXX 95111 CA Single Family 17153598 OCEANSIDE 92057 CA Single Family 17153599 PLEASANTON 94588 CA Single Family 17153600 SANTA XXXXX 95050 CA 2-4 Family 17153601 VALLEY VILLA 91607 CA 2-4 Family 17153602 LAS VEGAS 89142 NV Single Family 17153603 COSTA MESA 92627 CA Single Family 17153604 XXXXXXXXXX V 20886 MD Single Family 17153605 TUCSON 85745 AZ Single Family 17153606 EDISON 08817 NJ Single Family 17153608 XXXXXXXXX 00000 XX PUD 17153609 BASALT 81621 CO Condominium 17153610 XXXXX 00000 XX 2-4 Family 17153611 SAN XXXX 95121 CA Single Family 17153612 XXXXXXXXX 00000 OR Single Family 17153613 SANTA XXX 92703 CA Single Family 17153614 TELLURIDE 81435 CO Condominium 17153615 GARDEN GROVE 92843 CA 2-4 Family 17153616 XXXXX 80620 CO Single Family 17153617 XXXXXXXX 95008 CA Single Family 17153618 DALLAS 75219 TX Condominium 17153619 SAN DIMAS 91773 CA Single Family 17153620 LIHUE 96766 HI Condominium 17153622 ARLINGTON 38002 TN Single Family 17153623 CORTE MADERA 94925 CA Single Family 17153624 SAN XXXX 95136 CA PUD 17153625 XXXXX 00000 XX Single Family 17153626 FORT XXXXX 33912 FL Single Family 17153627 ST XXXX 55105 MN Single Family 17153629 XXXX XXXXXXX 00000 CO Single Family 17153631 XXXXXXXXXX 00000 XX Single Family 17153632 XXXXXXX 29102 SC Single Family 17153633 MIAMI 33185 FL Single Family 17153636 TRACY 95376 CA Single Family 17153637 XXXXX XXXX 00000 CA PUD 17153638 SANTA XXXXX 95050 CA PUD 17153639 BELLEVUE 98005 WA Condominium 17153640 LOS ANGELES 90069 CA Single Family 17153641 LAKE ARROWHE 92352 CA Single Family 17153643 TARZANA 91356 CA Single Family 17153644 VALLEJO 94590 CA Single Family 17153645 BRONX 10462 NY Condominium 17153646 LOS ANGELES 90048 CA Single Family 17153647 XXXXXXX 00000 XX Single Family 17153648 SAN DIEGO 92104 CA 2-4 Family 17153649 FAIRFIELD 06824 CT Single Family 17153650 XXXXXXX 00000 XX Condominium 17153651 XXXXXX 85603 AZ Single Family 17153652 LAS VEGAS 89134 NV Single Family 17153653 SAN XXXX 95122 CA Single Family 17153654 BELLEVUE 98006 WA Condominium 17153655 LA JOLLA 92037 CA Single Family 17153656 XXXXX 00000 XX Single Family 17153657 LOS ALTOS 94024 CA Single Family 17153658 CENTRALIA 98531 WA Single Family 17153659 LANCASTER 93534 CA Single Family 17153660 ROSAMOND 93560 CA Single Family 17153661 PORTLAND 97206 OR Single Family 17153662 LIVERMORE 94551 CA Single Family 17153663 BRONX 10456 NY Condominium 17153664 BEND 97701 OR Single Family 17153665 RENTON 98056 WA Single Family 17153666 SURPRISE 85374 AZ PUD 17153667 XXXXX XXXXX 00000 NY Single Family 17153668 LAS VEGAS 89123 NV Condominium 17153669 XXXXXX 00000 XX Single Family 17153670 SAN XXXXX 94582 CA Condominium 17153672 LONG BEACH 90808 CA Single Family 17153674 ROUND HILL 20141 VA Single Family 17153675 WASHINGTON 20016 DC Condominium 17153676 ANTIOCH 94509 CA Single Family 17153677 GLENDALE 91206 CA Single Family 17153679 FONTANA 92336 CA Condominium 17153680 XXX XXXXXXX 00000 LA 2-4 Family 17153494 KEY XXXXX 00000 FL Single Family 17153495 EAST QUOGUE 11942 NY Single Family 17153497 CARBONDALE 81623 CO Single Family 17153498 LOS ANGELES 90063 CA 2-4 Family 17153499 LONG BEACH 90802 CA Condominium 17153500 XXXXXXX 00000 FL PUD 17153501 THE SEA REAC 95497 CA Single Family 17153502 XXXXXXXXX 00000 XX Condominium 17153503 BRENTWOOD 94513 CA Single Family 17153504 FONTANA 92335 CA Single Family 17153505 LIVERMORE 94551 CA Single Family 17153506 GRAND TERRAC 92313 CA PUD 17153507 XX XXXXX 00000 CA Single Family 17153508 COS COB 06807 CT Single Family 17153509 XXXXXX 00000 XX Condominium 17153510 XXXXXX 00000 XX Single Family 17153512 ARLINGTON 22202 VA Condominium 17153513 PALOS VERDES 90274 CA Single Family 17153514 XXXXXXX XXXX 90212 CA Single Family 17153515 CHULA VISTA 91910 CA Single Family 17153516 RED BLUFF 96080 CA Single Family 17153517 STERLING 20164 VA Single Family 17153518 ASPEN 81611 CO Condominium 17153519 XXXXXXXXX 00000 XX 2-4 Family 17153520 XXXXXX XXXXX 00000 SC Condominium 17153521 SAN DIEGO 92101 CA Condominium 17153522 BAKERSFIELD 93306 CA Single Family 17153523 BROOKLYN 11205 NY 2-4 Family 17153524 XXXXX 00000 XX 2-4 Family 17153526 GREAT NECK 11020 NY Single Family 17153527 PARAMOUNT 90803 CA 2-4 Family 17153528 ALISO VIEJO 92656 CA Condominium 17153529 LAKESIDE 92040 CA Single Family 17153530 MONROVIA 91016 CA 2-4 Family 17153531 ATLANTA 30307 GA Condominium 17153532 UKIAH 95482 CA Single Family 17153534 SAN JACINTO 92583 CA Single Family 17153535 NAPLES 34102 FL Single Family 17153536 EDMONDS 98020 WA Condominium 17153415 XXXXXXXX 00000 XX 2-4 Family 17153416 XX XXXXXX XX 00000 CA Single Family 00000000 BANKS 97106 OR Single Family 17153418 RENO 89502 NV 2-4 Family 17153419 SAN XXXX 95112 CA Single Family 17153421 XXXXXXXX 22554 VA PUD 17153422 LINCOLN 95648 CA Single Family 17153424 SAN XXXXXXXX 94110 CA Single Family 17153426 TIGARD 97223 OR Single Family 17153427 XXXXXXXX 00000 XX Single Family 17153428 RANCHO XXXXX 95670 CA Single Family 17153429 BROOKLYN PAR 55443 MN Single Family 17153430 SANTA XXXX 95407 CA Single Family 17153431 CUMMING 30040 GA PUD 17153432 JACKSONVILLE 32216 FL Condominium 17153433 NEW CASTLE 81647 CO Single Family 17153435 ROMEOVILLE 60446 IL Single Family 17153436 MISSION 66202 KS Single Family 17153437 LAS VEGAS 89128 NV Condominium 17153438 RALEIGH 27608 NC Single Family 17153439 AUSTIN 78701 TX Condominium 17153440 MEADOW VISTA 95722 CA Single Family 17153441 CLEARWATER 33764 FL Condominium 17153442 XXXXXXXX XXX 00000 AZ Single Family 17153443 KENT 98032 WA Condominium 17153444 XXXXX XXXX 00000 CA Single Family 17153445 JASPER 30143 GA Single Family 17153446 DANVILLE 94506 CA Single Family 17153447 AUBURN 30011 GA PUD 17153448 XXXXXXXX XXXX 00000 MD Condominium 17153449 XXXXXXXX 00000 CA Single Family 17153450 LAKE OSWEGO 97034 OR Single Family 17153451 XXXXXXXXX 00000 XX Single Family 17153452 SALIDA 95368 CA Single Family 17153453 XXXXXXX 00000 OR Single Family 17153454 ST XXXXXXX 60175 IL Single Family 17153455 XXXXXX XXXX 00000 NJ 2-4 Family 17153456 WINDERMERE 34786 FL Condominium 17153457 WINDERMERE 34786 FL Condominium 17153458 WINDERMERE 34786 FL Condominium 17153459 XXXXX 00000 HI Condominium 17153460 PARK CITY 84098 UT Condominium 17153462 DES MOINES 98198 WA Condominium 17153463 MEDFORD 97501 OR Single Family 17153464 AZUSA 91702 CA Single Family 17153465 NEW YORK 10009 NY Condominium 17153466 MIDDLETOWN 07748 NJ Single Family 17153467 LAS VEGAS 89113 NV Condominium 17153468 FT. LAUDERDA 33316 FL Condominium 17153471 XXXXXX XXXXX 00000 SC Condominium 17153472 JOHNSTOWN 80534 CO Single Family 17153473 XXXXXXXXXX 00000 XX Single Family 17153474 EAST JORDAN 49727 MI Single Family 17153475 BOZEMAN 59715 MT Single Family 17153476 LAS VEGAS 89138 NV Condominium 17153477 WAIKOLOA 96738 HI Condominium 17153478 CHICAGO 60643 IL 2-4 Family 17153479 BROOKLYN 11207 NY 2-4 Family 17153480 WILDOMAR 92595 CA PUD 17153482 XXXXX HILLS 92372 CA Single Family 17153483 MINNEAPOLIS 55401 MN Condominium 17153484 RIVERSIDE 92503 CA Single Family 17153485 AVENTURA 33180 FL Condominium 17153486 VERPLANCK 10596 NY 2-4 Family 17153487 ROCKLIN 95765 CA PUD 17153488 XXXXXX 00000 MN Single Family 17153489 SCHAUMBURG 60195 IL Condominium 17153490 XXXXX XXXX 00000 CA Condominium 17153492 XXXX XXXX 00000 CA Single Family 17153493 LAS VEGAS 89103 NV Condominium 17153084 MERIDIAN 83642 ID 2-4 Family 17153085 KISSIMMEE 34746 FL Single Family 17153086 TEMPE 85281 AZ Single Family 17153088 PHOENIX 85051 AZ Single Family 17153089 XXXXXXXXX 00000 XX Condominium 17153090 XXXXXXXXX 00000 NJ 2-4 Family 17153091 CHICAGO 60610 IL Condominium 17153092 XXXXXXX XXXXX 00000 CA Condominium 17153093 XXXXXX XXXX 00000 CA Condominium 17153101 ANTIOCH 94509 CA Condominium 17153102 OAKHURST 07755 NJ Single Family 17153103 SAN XXXXXXXX 94110 CA Condominium 17153105 XXXX XXXXXXX 00000 WA Single Family 17153106 NEW YORK 10016 NY Condominium 17153107 XXXXXX 00000 XX PUD 17153108 BEND 97702 OR Single Family 17153109 KENNEWICK 99337 WA Single Family 17153110 MARANA 75653 AZ Single Family 17153112 MIAMI 33032 FL Single Family 17153113 GLENDALE 85302 AZ Single Family 17153114 XXXXXXXX 00000 XX Single Family 17153115 XXXXXXX 00000 XX Single Family 17153116 XXXXXXX 00000 XX Single Family 17153117 FILLMORE 93015 CA Single Family 17153118 NORWALK 90650 CA Single Family 17153119 BENSENVILLE 60106 IL Single Family 17153120 WESTMINISTER 80021 CO Single Family 17153121 APEX 27539 NC Single Family 17153122 VENTURA 93003 CA Single Family 17153123 AMESBURY 01913 MA Single Family 17153126 BROKEN ARROW 74014 OK Single Family 17153127 PHOENIX 85019 AZ Single Family 17153128 HAYWARD 94544 CA Single Family 17153129 FLAGLER BEAC 32136 FL Single Family 17153130 LOS ANGELES 90041 CA Single Family 17153131 MINNEAPOLIS 55406 MN Condominium 17153132 MILLBRAE 94030 CA Condominium 17153134 STATEN ISLAN 10309 NY 2-4 Family 17153135 FAIRHOPE 36532 AL Single Family 17153136 EAST QUOGUE 11942 NY Single Family 17153137 ATLANTA 30327 GA Condominium 17153138 LAS VEGAS 89131 NV Single Family 17153139 SAN XXXXXXXX 94109 CA Condominium 17153140 COLORADO SPR 80922 CO PUD 17153141 XXXXXXXXX 00000 XX PUD 17153142 FREMONT 94539 CA Single Family 17153143 CORONA DEL M 92625 CA Single Family 17153145 XXXXXXX 00000 XX Single Family 17153146 SAN XXXX 95130 CA Single Family 17153147 SARATOGA SPR 84043 UT Single Family 17153148 ANTHEM 85086 AZ Single Family 17153149 CONCORD 94518 CA Single Family 17153150 XXXXXXXXXX 00000 MD Single Family 17153151 ARLINGTON 22201 VA Condominium 17153152 NEW YORK 10128 NY CO-OP 17153153 ARLINGTON 22201 VA Condominium 17153154 XXXXXXX XXXX 00000 XX XXX 17153156 ALSIP 60803 IL Single Family 17153157 HOSCHTON 30548 GA Single Family 17153158 XXXXXXXXX 00000 XX Single Family 17153159 WASHINGTON 20002 DC Single Family 17153160 SANTA XXXXXX 90403 CA Condominium 17153161 ELLENTON 34222 FL PUD 17153162 MARICOPA 85239 AZ PUD 17153164 COLTS NECK 07722 NJ Single Family 17153165 STOCKTON 95207 CA 2-4 Family 17153166 LOS ANGELES 90068 CA 2-4 Family 17153167 XXXXXX XXXX 00000 CA 2-4 Family 17153168 SUN CITY 85351 AZ Single Family 17153170 CHICAGO 60632 IL Single Family 17153171 TRUCKEE 96161 CA Single Family 17153172 GLENDALE 85310 AZ Single Family 17153173 XXXXXXX 00000 XX Single Family 17153174 HOMESTEAD 33033 FL Condominium 17153175 XXXXXXXXXX 00000 XX Single Family 17153176 LEADVILLE 80461 CO Single Family 17153177 BRONX 10461 NY Single Family 17153179 SAN DIEGO 92122 CA Single Family 17153180 XXXXXX 00000 CA Single Family 17153181 XXX XXXX XXX 00000 NY Single Family 17153182 LANCASTER 93534 CA Single Family 17153183 BAKERSFIELD 93304 CA Single Family 17153184 WASHINGTON 20001 DC Condominium 17153186 BOWIE 20721 MD Condominium 17153187 LAWNDALE 90260 CA 2-4 Family 17153188 LA PLATA 20646 MD Condominium 17153189 ARLINGTON 22202 VA Condominium 17153190 XXXXXX 30518 GA Single Family 17153191 SUNNYVALE 94087 CA Single Family 17153192 KENSINGTON 20895 MD Single Family 17153193 MIAMI 33032 FL Single Family 17153194 XXXXXXXXX XX 91381 CA Condominium 17153195 TEMPE 85281 AZ Condominium 17153196 STERLING 20164 VA Single Family 17153199 XXXXXXXX XXX 23464 VA Single Family 17153200 RENO 89511 NV PUD 17153201 MUKILTEO 98275 WA Single Family 17153202 DUPONT 00000 XX Single Family 17153322 SAN XXXXXXXX 94121 CA 2-4 Family 17153323 CHICAGO 60660 IL Single Family 17153324 STOCKTON 95206 CA Single Family 17153326 XXXXXXXXX 00000 XX 2-4 Family 17153327 CHARLESTOWN 02129 MA Condominium 17153328 OAKLAND 94607 CA Condominium 17153329 XX XXXXXX XX 00000 CA Single Family 17153330 CHICAGO 60607 IL Condominium 17153332 PORTLAND 97230 OR Condominium 17153333 XXXXXXXX 00000 XX 2-4 Family 17153334 NEWARK 19711 DE Single Family 17153335 MAURERTOWN 22644 VA Single Family 17153336 MIAMI 33032 FL Single Family 17153337 MIAMI 33032 FL Single Family 17153338 CANTON 02021 MA Single Family 17153339 SANTA XXX 92707 CA Single Family 17153340 CUPERTINO 95014 CA Single Family 17153341 ATLANTA 30331 GA Single Family 17153342 WEST SACRAME 95691 CA Single Family 17153343 WASHINGTON 20019 DC Condominium 17153345 XXXXXXXX 00000 CA Single Family 17153346 XXXXXXXXX 00000 XX Single Family 17153347 CLERMONT 34711 FL Single Family 17153348 NAPLES 34120 FL Condominium 17153349 WASHINGTON 20010 DC Single Family 17153350 SAN XXXX 95125 CA Single Family 17153351 XXXXXXX XXXX 00000 CA Single Family 17153352 HOMESTEAD 33032 FL Townhouse 17153353 XXXX XXXXX 95442 CA Single Family 17153354 PORTLAND 97209 OR Condominium 17153355 BERGENFIELD 07621 NJ Single Family 17153356 SPANISH FORK 84660 UT Single Family 17153357 WEST VALLEY 84119 UT Single Family 17153358 SAN BRUNO 94066 CA Single Family 17153359 LOS ANGELES 90031 CA Single Family 17153360 XXXXXXXXX 00000 XX Single Family 17153361 OAKLAND 94602 CA 2-4 Family 17153362 DELHI 95315 CA Single Family 17153363 XXXXXXX XXXX 00000 CA Single Family 17153364 TEMPE 85281 AZ Condominium 17153365 XXXXXXXXX 00000 XX Single Family 17153366 ALAMEDA 94501 CA 2-4 Family 17153367 OMAHA 68136 NE PUD 17153369 ALBANY 97322 OR Single Family 17153370 CHULUOTA 32766 FL Single Family 17153371 ALHAMBRA 91801 CA Condominium 17153372 XXXXX XXXXX 00000 CA Single Family 17153373 OAKLAND 94603 CA Single Family 17153374 ANTELOPE 95843 CA Single Family 17153375 XXXXX XXXX 00000 IN Single Family 17153376 WOODLAND 95695 CA Single Family 17153377 PORTLAND 97217 OR Single Family 17153378 CAMARILLO 93010 CA Single Family 17153379 PORTLAND 97229 OR Single Family 17153380 VALLEJO 94590 CA 2-4 Family 17153381 XXXXXXXXXX 00000 AZ Single Family 17153382 RANCHO CUCAM 91730 CA Single Family 17153383 CHICAGO 60613 IL Condominium 17153384 DECATUR 30034 GA Single Family 17153385 STOCKTON 95204 CA Single Family 17153386 XXXXXXX 90220 CA Single Family 17153387 INDIAN SHORE 33785 FL Condominium 17153388 NORTH POLE 99705 AK Single Family 17153389 RIDGEWOOD 07450 NJ Single Family 17153390 SAN XXXXXXXX 94109 CA Condominium 17153391 PORTLAND 97206 OR Single Family 17153392 CHINO 91710 CA Single Family 17153393 BRONX 10465 NY Single Family 17153394 OCEAN CITY 21842 MD Condominium 17153395 XXXXXXXX 00000 CA Single Family 17153396 BALTIMORE 21215 MD Single Family 17153397 HILTON HEAD 29928 SC Condominium 17153398 XXXXXXXXX 89012 NV PUD 17153399 LOS ANGELES 90002 CA Single Family 17153400 CHINO 91710 CA Single Family 17153401 WILSONVILLE 97070 OR Single Family 17153402 NAPA 94558 CA Single Family 17153403 XXXX XXXXXXX 00000 MD Single Family 17153405 XXXXXXXXX 00000 XX Single Family 17153406 DURANGO 81301 CO Single Family 17153407 STOCKTON 95206 CA Single Family 17153408 LAS VEGAS 89129 NV Single Family 17153409 WESTMINSTER 92683 CA Single Family 17153410 SAN MATEO 94403 CA Condominium 17153411 XXXXXXXX 00000 XX Condominium 17153412 XXXXXXXXX 00000 XX Condominium 17153414 MILFORD 01757 MA 2-4 Family 17153210 SAN XXXXXXXX 94127 CA Single Family 17153211 TULARE 93274 CA Single Family 17153212 MARIETTA 30008 GA 2-4 Family 17153214 OCEAN CITY 21842 MD Condominium 17153215 BROOKLYN PAR 55443 MN Single Family 17153216 STATEN ISLAN 10309 NY 2-4 Family 17153217 YELM 98597 WA Single Family 17153218 MILWAUKEE 53210 WI 2-4 Family 17153219 MILWAUKEE 53210 WI 2-4 Family 17153220 MILWAUKEE 53218 WI 2-4 Family 17153221 HONOLULU 96814 HI Condominium 17153222 SAINT XXXXXX 33707 FL Single Family 17153223 NORTH LAS VE 89081 NV PUD 17153224 PROVO 84601 UT Single Family 17153225 ROHNERT PARK 94928 CA Single Family 17153226 TIGARD 97223 OR PUD 17153227 PARSSIPPANY 07054 NJ Single Family 17153228 XXXXXX 00000 XX PUD 17153229 BRIDGEPORT 06605 CT Condominium 17153230 FAIRVIEW 75069 TX PUD 17153231 FERNLEY 89408 NV Single Family 17153232 XXXX XXXXX 00000 FL Condominium 17153233 LOS ANGELES 91311 CA Single Family 17153234 LANCASTER 93536 CA Single Family 17153235 SANTA XXX 92704 CA Single Family 17153236 PORTLAND 97230 OR Single Family 17153237 SUMMIT 07901 NJ Condominium 17153239 SILVER SPRIN 20910 MD Condominium 17153240 ROMOLAND 92585 CA PUD 17153244 SANTA CLARIT 91387 CA Single Family 17153245 SKOKIE 60076 IL Condominium 17153247 BRENTWOOD 94513 CA PUD 17153249 BRADENTON 34201 FL PUD 17153250 XXXXXXXXX 60083 IL Single Family 17153251 XXXXXXXX 95008 CA Single Family 17153252 XXXXXX 00000 XX Single Family 17153253 INCLINE VILL 89451 NV Single Family 17153254 PASADENA 91103 CA 2-4 Family 17153255 XXXX LAKES 55014 MN PUD 17153256 BRONX 10460 NY 2-4 Family 17153257 LINCOLN 95648 CA Single Family 17153258 DANVILLE 94526 CA Single Family 17153259 SAN PABLO 94806 CA Single Family 17153260 XXXXXX XXXX 00000 MO Single Family 17153261 MINNEAPOLIS 55407 MN 2-4 Family 17153262 STOCKTON 95207 CA Single Family 17153263 XXXXXX 72756 AR Single Family 17153264 BOWIE 20715 MD Single Family 17153267 NAPLES 34120 FL Condominium 17153268 XXXXXX 95655 CA Single Family 17153269 XXXXXXX 98321 WA Single Family 17153270 LAGUNA NIGUE 92677 CA Single Family 17153272 CHULA VISTA 91910 CA Single Family 17153274 LORTON 22079 VA Single Family 17153275 HANOVER 21076 MD Townhouse 17153276 YUBA CITY 95993 CA Single Family 17153277 AUBURN 98002 WA 2-4 Family 17153278 XXXXXXXXXXX 00000 XX Single Family 17153279 WEST NEW YOR 07093 NJ Condominium 17153280 SANTA XXXX 95060 CA Single Family 17153281 WILDOMAR 92595 CA PUD 17153282 LOS ANGELES 91306 CA Condominium 17153283 CALDWELL 83607 ID Single Family 17153284 BASALT 81621 CO Single Family 17153285 ROSEDALE 21237 MD Single Family 17153286 COLORADO SPR 80916 CO Condominium 17153287 NORTH LAS VE 89084 NV Single Family 17153288 VIENNA 22182 VA Single Family 17153289 NAPA 94559 CA Single Family 17153291 ELK GROVE 95757 CA Single Family 17153292 WATERFORD 06385 CT Single Family 17153293 ELK GROVE 95757 CA Single Family 17153294 XXXXXX XXXX 00000 MN Single Family 17153295 JAMAICA 11432 NY 2-4 Family 17153296 TUCSON 85743 AZ Single Family 17153297 XXXXXX 00000 CO Single Family 17153298 ALAMEDA 94501 CA 2-4 Family 17153299 TEMPE 85281 AZ Condominium 17153300 XXXXX 00000 HI Condominium 17153301 SAN XXXX 95128 CA Condominium 17153302 MIAMI 33032 FL Single Family 17153303 MEDFORD 97501 OR Single Family 17153304 FAIRFIELD 94534 CA Single Family 17153305 SUISUN CITY 94585 CA Single Family 17153306 MONDAMIN 51557 IA Single Family 17153307 XXXXXXX 00000 XX 2-4 Family 17153308 TEMPE 85281 AZ Townhouse 17153310 XXXXX XXXX 00000 CA Single Family 17153311 ATLANTA 30311 GA Single Family 17153312 ACWORTH 30101 GA PUD 17153313 COLUMBUS 43228 OH Single Family 17153314 BAKERSFIELD 93313 CA Single Family 17153316 AVON 46123 IN Single Family 17153317 BRENTWOOD 94513 CA Single Family 17153318 SONOMA 95476 CA PUD 17153319 TEMPE 85281 AZ Condominium 17153320 XXXX XXXXXXX 00000 CO Single Family 17153321 PROSPER 75078 TX Single Family 17153203 PORTLAND 97209 OR Condominium 17153204 ST LOUIS 63139 MO 2-4 Family 17153205 XXXXXXXXXX 00000 FL Single Family 17153206 FORT XXXXX 33919 FL Condominium 17153207 LAPEER 48446 MI Single Family 17153208 MILFORD 06460 CT 2-4 Family 16846361 LAS VEGAS 89148 NV Condominium 17153912 LOS ANGELES 90047 CA 2-4 Family 17153913 XXXXXXX 00000 XX Single Family 17153914 STATEN ISLAN 10312 NY PUD 17153915 SAN DIEGO 92109 CA Single Family 17153916 GULF SHORES 36542 AL Condominium 17153917 HEAD OF THE 11790 NY Single Family 17153918 GAINESVILLE 20155 VA PUD 17153919 XXXXXX XXX X 00000 XX Single Family 17153920 XXXXX XXXXX 92886 CA Single Family 17153921 CORONA 92883 CA Single Family 17153922 NORFOLK 23505 VA Single Family 17153923 OKATIE 29909 SC Single Family 17153924 XXXX XXX 00000 FL Single Family 17153925 BROOKLYN 11228 NY Townhouse 17153926 MIAMI 33189 FL Condominium 17153928 XXXXXXX XXXX 00000 CA Single Family 17153929 EWA BEACH 96706 HI Single Family 17153930 CARLSBAD 92009 CA Single Family 17153931 LOS ANGELES 90036 CA 2-4 Family 17153932 SCARSDALE 10583 NY Single Family 17153933 VENTURA 93003 CA Condominium 17153934 XXXXXX BEACH 94929 CA Single Family 17153935 MESA 85205 AZ Single Family 17153936 XXXXXXXX 00000 XX Single Family 17153937 XXXXXXX XXXX 00000 CA Single Family 17153938 HOLLISTER 95023 CA Single Family 17153939 CANYON COUNTRY 91351 CA Single Family 17153940 BEND 97701 OR Single Family 17153941 PORTLAND 97217 OR Single Family 17153942 SANTA XXX 92703 CA Single Family 17153943 CORONA 92883 CA Single Family 17153944 TEMPE 85283 AZ Single Family 17153945 EL CAJON 92021 CA Condominium 17153946 XXXXX XXXXX 00000 FL Single Family 17153947 LOS ANGELES 91604 CA Single Family 17153948 LOS ANGELES 91602 CA Single Family 17153950 XXXXXXX OAKS 91423 CA Single Family 17153951 PLAYA VISTA 90094 CA Condominium 17153952 SAN XXXX 95123 CA Single Family 17153953 PHOENIX 85021 AZ Single Family 17153954 FOLSOM 95630 CA Single Family 17153955 CHICAGO 60622 IL 2-4 Family 17153956 MILLINGTON 21651 MD Single Family 17153957 RANCHO CUCAM 91701 CA Single Family 17153958 XXXXXX 00000 MN Single Family 17153959 XXXX POINT 92629 CA Single Family 17153960 XXXXXX 00000 XX Condominium 17153961 LEXINGTON 02421 MA Single Family 17153962 FOOTHILL RAN 92610 CA Condominium 17153963 SAN XXXX 95118 CA Condominium 17153964 WINTHROP 02152 MA Single Family 17153965 SAN ANTONIO 78245 TX PUD 17153966 LOS ANGELES 90001 CA 2-4 Family 17153968 LA JOLLA 92037 CA PUD 17153969 FRANKFORT 60423 IL Single Family 17153970 HASTINGS 55033 MN Single Family 17153971 INDIAN ROCKS 33785 FL Single Family 17153972 RIVIERA BEAC 33404 FL Condominium 17153973 GLENDALE 85308 AZ Single Family 17153974 KEYPORT 07735 NJ Single Family 17153975 VISTA 92083 CA Single Family 17153976 VISTA 92083 CA 2-4 Family 17153977 XXXX XXXX 00000 CA Single Family 17153978 ARTESIA 88210 NM Single Family 17153979 NORTH LAS VE 89031 NV Single Family 17153980 LAS VEGAS 89113 NV Condominium 17153981 XXXXXX 00000 XX 2-4 Family 17153982 XXXXXXXXXX 00000 AZ Single Family 17153983 XXXXXXXXXX 00000 XX PUD 17153984 XXXXXXX 00000 XX Condominium 17153985 XXXXXX XXXX 00000 NJ 2-4 Family 17153986 RENTON 98056 WA Single Family 17153987 SAN XXXX 95122 CA Single Family 17153988 MIAMI BEACH 33139 FL Condominium 17153989 ASPEN 81611 CO Single Family 17153990 CONCORD 94520 CA Single Family 17153991 PALM DESERT 92211 CA Condominium 17153992 BLOWING ROCK 28605 NC Single Family 17153993 XXXXXXXXXXX 00000 XX Single Family 17153994 WEST XXXXXXX 19380 PA Single Family 17153995 ASPEN 81611 CO Condominium 17153996 XXXXXXXX 00000 CA Single Family 17153997 SURPRISE 85374 AZ Single Family 17153998 SAN XXXX 95132 CA Single Family 17153999 CHAMBERSBURG 17201 PA Single Family 17154000 SAN XXXX XXX 93401 CA Single Family 17154001 LOS ANGELES 90043 CA Single Family 17154002 STOCKTON 95219 CA Single Family 17154003 SAN DIEGO 92129 CA Condominium 17154004 ENCINO 91316 CA Single Family 17154005 SANTA XXXXX 93060 CA Condominium 17154007 SCHAUMBURG 60195 IL Condominium 17154009 LYNNWOOD 98087 WA Single Family 17154010 NAPA 94558 CA Single Family 17154011 FORT XXXXX 33907 FL Condominium 17154012 SUN CITY 92586 CA Single Family 17154014 CLOVIS 93611 CA Single Family 17154015 FOLSOM 95630 CA Single Family 17154016 XX XXXXX 00000 XX 0-0 Family 17154017 GARDEN GROVE 92843 CA Single Family 17154018 PHOENIX 85015 AZ Single Family 17154019 XXXXXXXXXX 00000 XX Single Family 17154020 XX. XXXXX 00000 XX 0-0 Family 17154021 GREENSBORO 27455 NC PUD 17154022 GREENSBORO 27455 NC PUD 17154023 WHITE PLAINS 10605 NY Condominium 17154024 WHITE PLAINS 10605 NY Condominium 17154025 XXXXXXXXX XX 00000 NY Condominium 17154026 XXXXX XXXXXX XXXXX 00000 SC Single Family 17154027 BLUE RIDGE 30513 GA Single Family 17154028 SANTA BARBAR 93111 CA Single Family 17154029 VALLEJO 94591 CA Single Family 17154030 HAYWARD 94541 CA Single Family 17154032 HESPERIA 92345 CA Single Family 17154033 BRONX 10468 NY 2-4 Family 17154034 DENVER 80204 CO Condominium 17154035 DENVER 80219 CO Single Family 17154036 NORTHRIDGE 91326 CA Single Family 17154037 SAN DIEGO 92107 CA Single Family 17154038 XXXXXXXXX 89052 NV Single Family 17154039 HENDERSON 89052 NV Single Family 17154040 XXXXXXXXX 00000 XX PUD 17154041 ALAMEDA 94502 CA PUD 17154042 KISSIMMEE 34741 FL Single Family 17154043 DOWNERS GROV 60515 IL Single Family 17154044 SAN XXXX XXX 93405 CA Single Family 17154045 SAN XXXX XXX 93401 CA Single Family 17154046 SAN XXXX 95123 CA Condominium 17154047 LITTLETON 80217 CO Single Family 17154048 XXXXXX 00000 XX 2-4 Family 17154050 BOCA RATON 33433 FL Condominium 17154051 SANTA XXX 92707 CA Single Family 17154052 DAVENPORT 33897 FL Single Family 17154053 ATLANTA 30345 GA 2-4 Family 17154054 LITTLETON 80128 CO Condominium 17154055 LAKE ARROWHE 92352 CA Single Family 17154056 SAN DIEGO 92129 CA Single Family 17154057 KISSIMMEE 34741 FL Condominium 17154058 MELBOURNE 32935 FL PUD 17154059 LAS VEGAS 89113 NV Condominium 17154060 LAS VEGAS 89113 NV Condominium 17154061 LOS ANGELES 90025 CA Condominium 17154062 MARIETTA 30066 GA Single Family 17154063 XXXXXXX 00000 FL Condominium 17154064 XXXXX XXXXXX 00000 CA Single Family 17154065 XXXXX XXXXXX 00000 CA Single Family 17154066 XXXX XXXXXXX 00000 CA Condominium 17154067 XXXXXX XXXX 00000 AL Single Family 17154068 WADENA 56482 MN Single Family 17154069 PEYTON 80831 CO Single Family 17154070 ORANGE 92867 CA Single Family 17154072 XXXXXXXX XXX 23451 VA Single Family 17154074 SIMI VALLEY 93063 CA Single Family 17154075 ANTIOCH 94509 CA Single Family 17154076 SANTA XXXXXX 90404 CA 2-4 Family 17154077 SARASOTA 34238 FL Single Family 17154078 WOODSTOCK 30188 GA Single Family 17154081 BAKERSFIELD 93309 CA 2-4 Family 17154082 NOVATO 94947 CA Single Family 17154083 ALAMEDA 94501 CA Condominium 17154084 BETHLEHEM 18015 PA Single Family 17154085 BETHLEHEM 18015 PA Single Family 17154086 EAST STROUDS 18301 PA Single Family 17154087 GLENDALE 85304 AZ Single Family 17154088 DOVER 03820 NH 2-4 Family 17154089 LONG BEACH 90813 CA 2-4 Family 17154090 AURORA 80011 CO Single Family 17154091 LAKEWOOD 80401 CO Single Family 17154092 VISTA 92083 CA 2-4 Family 17154093 LA CANADA 91011 CA Single Family 17154094 SAMMAMISH 00000 XX Single Family 17154095 DEL MAR 92014 CA Single Family 17154097 XXXXXXXXX 00000 CO Single Family 17154098 XXXXXX XXXX 00000 MN Single Family 17153770 HESPERIA 92345 CA Single Family 17153771 XXXXXX 02458 MA 2-4 Family 17153772 BROOKLYN 11203 NY 2-4 Family 17153773 XXXXXX 12803 NY Single Family 17153774 CHULA VISTA 91913 CA PUD 17153775 SAN DIEGO 92115 CA Condominium 17153776 XXXXX 29635 SC Single Family 17153777 BUENA PARK 90620 CA Single Family 17153779 BOCA GRANDE 33921 FL Condominium 17153781 TEMPE 85281 AZ Condominium 17153782 XXXX XXXX XX 00000 CA Single Family 17153783 SAINT HELENA 94574 CA Single Family 17153784 XXXXXXXXXX 00000 XX Single Family 17153785 XXXXXX 00000 XX Single Family 17153786 HILTON HEAD 29926 SC Single Family 17153787 GROSSE ILE 48138 MI Single Family 17153788 NEW MARKET 35761 AL Single Family 17153789 CHARLESTON 29412 SC Condominium 17153790 CARBONDALE 81623 CO Condominium 17153792 REDLANDS 92374 CA Single Family 17153793 BRADENTON 34212 FL Single Family 17153794 XXXXX 28339 NC Single Family 17153795 NAPA 94558 CA Single Family 17153796 XXXXXXXXX 00000 XX Single Family 17153797 XXXXX XXXXX 92887 CA Single Family 17153798 SAN MATEO 94401 CA Condominium 17153799 KAUKAUNA 54130 WI 2-4 Family 17153800 BAKERSFIELD 93308 CA Single Family 17153801 ENCINO 91436 CA Single Family 17153802 XXXXXXX 00000 XX Single Family 17153803 XXXXXXXXX XX 00000 IL Single Family 17153804 WILLOWBROOK 60527 IL Single Family 17153805 CONCORD 94521 CA Single Family 17153806 DENVER 80202 CO Condominium 17153807 LOS ANGELES 90025 CA Condominium 17153808 WEST COVINA 91790 CA Single Family 17153809 PORTLAND 97213 OR Single Family 17153810 FONTANA 92336 CA Single Family 17153811 XXXX ROCK 07452 NJ Single Family 17153812 BLUFFTON 29910 SC Single Family 17153813 XXXXXXX 00000 XX Condominium 17153814 XXXXXXX 00000 XX Single Family 17153815 CLIFTON 07013 NJ Single Family 17153816 OMAHA 68134 NE Single Family 17153817 OMAHA 68134 NE Single Family 17153818 MIAMI BEACH 33139 FL Condominium 17153819 XXXXXXXXXX 00000 AZ Condominium 17153820 XXXXXXXX XXX 00000 CA Condominium 17153822 SAN XXXXXXXX 92405 CA Single Family 17153823 SILVERTHORNE 80498 CO Condominium 17153824 XXXXXXXX 01841 MA Single Family 17153825 XXXXXXXXX 00000 XX Condominium 17153826 HAYWARD 94544 CA Single Family 17153827 MADISON 07940 NJ Single Family 17153828 XXXXXX 00000 XX Single Family 17153829 WEST ORANGE 07052 NJ Single Family 17153831 PLEASANT HIL 94523 CA Single Family 17153832 XXXXXXXXXXX 00000 XX Single Family 17153833 NEW BEDFORD 02745 MA 2-4 Family 17153834 NEW CITY 10956 NY Condominium 17153835 XXXXXXX 00000 XX 2-4 Family 17153836 PHOENIX 85015 AZ 2-4 Family 17153837 PHOENIX 85015 AZ 2-4 Family 17153838 XXXXXXX 00000 XX 2-4 Family 17153839 FORT XXXXX 33908 FL Single Family 17153840 OAKLAND 94602 CA Single Family 17153841 KEW GARDENS 11415 NY 2-4 Family 17153843 FRESNO 93704 CA Single Family 17153844 NAPA 94559 CA Single Family 17153845 SAN DIEGO 92105 CA 2-4 Family 17153846 INDIO 92201 CA Single Family 17153848 INDIO 92201 CA Single Family 17153849 XXXXXXX 00000 XX Single Family 17153850 LONG BEACH 90806 CA Single Family 17153851 KAILUA KONA 96740 HI Single Family 17153852 PUEBLO 81006 CO Single Family 17153853 ORLANDO 32835 FL Condominium 17153854 BERKELEY 94702 CA Single Family 17153855 XXXXXXXXX 00000 XX Single Family 17153856 XXXXXXXXX 00000 KS Single Family 17153857 ROHNERT PARK 94928 CA Single Family 17153858 XXXXX XXXXX 00000 CA Single Family 17153859 OAKLEY 84055 UT Single Family 17153860 LONG BEACH 90807 CA Single Family 17153861 MIAMI 33186 FL Single Family 17153862 OAKLAND 94606 CA Single Family 17153863 SPRINGFIELD 05156 VT Single Family 17153864 XXXX XXXX 00000 CA Single Family 17153865 CHINO 91710 CA 2-4 Family 17153866 WINDERMERE 34786 FL Condominium 17153867 NINEVEH 46164 IN Single Family 17153868 MARIETTA 30062 GA Single Family 17153869 ROBBINSDALE 55422 MN 2-4 Family 17153870 CROWN POINT 46307 IN Single Family 17153871 ROCKWALL 75032 TX Single Family 17153872 WOODLAND PAR 80863 CO Single Family 17153874 COMMERCE CIT 80022 CO Single Family 17153875 PLACENTIA 92870 CA Single Family 17153876 LITCHFIELD P 85340 AZ Condominium 17153878 XXXX LAKES 55014 MN Single Family 17153879 XXXXXX 55449 MN Single Family 17153880 GRESHAM 97030 OR Single Family 17153881 RALEIGH 27613 NC Single Family 17153882 COLORADO SPR 80904 CO Single Family 17153883 XXXXXXXXXX 00000 XX Single Family 17153884 XXXXXX 80134 CO PUD 17153885 KISSIMMEE 34741 FL Condominium 17153886 SANTA XXXX B 32459 FL Single Family 17153887 LELAND 28451 NC Single Family 17153889 SKIATOOK 74070 OK 2-4 Family 17153890 NEW YORK 10021 NY Condominium 17153891 ODESSA 33556 FL Single Family 17153892 XXXXXXXX XXX 23464 VA Single Family 17153893 YUCIAPA 92399 CA Single Family 17153894 YUCAIPA 92399 CA Single Family 17153895 SAN XXXXXXXX 92408 CA Single Family 17153896 HESPERIA 92345 CA Single Family 17153897 MENTONE 92359 CA Single Family 17153898 BANNING 92220 CA Single Family 17153900 YUCAIPA 92399 CA Single Family 17153901 MENTONE 92359 CA Single Family 17153902 HIGHLAND 92346 CA Single Family 17153903 YUCAIPA 92399 CA Single Family 17153904 VALRICO 33594 FL PUD 17153905 XXXXX 00000 HI Condominium 17153906 HALLANDALE B 33009 FL Condominium 17153907 XXXXXXXX 29621 SC Single Family 17153908 ORLANDO 32811 FL Condominium 17153910 PORTLAND 97219 OR Single Family 17153749 BRIDGEPORT 06605 CT Condominium 17153750 VENTNOR CITY 08406 NJ 2-4 Family 17153751 PALATINE 60067 IL Condominium 17153752 SAN ANTONIO 78253 TX Single Family 17153753 PALMDALE 93552 CA Single Family 17153754 BEND 97702 OR Single Family 17153755 SAN DIEGO 92101 CA Condominium 17153757 XXXXXX XXXXX 00000 NY Single Family 17153758 PLAINVIEW 11803 NY Single Family 17153759 XXXX 78640 TX Single Family 17153760 XXXXXX 22101 VA Single Family 17153762 SAINT XXXXXX 84770 UT 2-4 Family 17153763 CAPE CORAL 33991 FL PUD 17153764 XXXXXXX 00000 XX Single Family 17153765 HIALEAH 33016 FL Condominium 17153766 CHICAGO 60647 IL Single Family 17153767 XXXXXXXXX 28031 NC Condominium 17153768 ASTORIA 11102 NY 2-4 Family 17153769 STATEN ISLAN 10312 NY Single Family 17233046 LOS ANGELES 91326 CA Single Family 17233120 SAN XXXX CAPISTRANO 92675 CA Single Family 17233040 NIPOMO 93444 CA Single Family 17233041 LEXINGTON 02421 MA Single Family 17233123 LA QUINTA 92253 CA PUD 17233042 MILL VALLEY 94941 CA Single Family 17233124 LAKE FOREST 92630 CA Single Family 17233043 LAGUNA NIGUEL 92677 CA Condominium 17233125 SAN DIEGO 92111 CA Single Family 17233044 CAMARILLO 93012 CA Single Family 17233045 SAN FRANCISCO 94107 CA Single Family 17233116 NOVATO 94949 CA PUD 17233036 VENTURA 93001 CA PUD 17233118 SIMI VALLEY 93063 CA Single Family 17233119 SANTA CLARITA 91354 CA Condominium 17233038 POOLESVILLE 20837 MD Single Family 17233039 XXXXXXX XXXXX 00000 CA Condominium 17233033 XXXXXXXXX 00000 CA Single Family 17233115 SAN XXXX 95121 CA Single Family 17233034 XXXXXXXX 22556 VA Single Family 17233467 RIPON 95366 CA Single Family 17233409 XXXX XXXX XXXX 00000 UT Single Family 17233110 WASHINGTON 20012 DC Single Family 17233030 XXXXXXXXX RANCH AREA 91381 CA PUD 17233113 XXXXX XXXXX 92886 CA Single Family 17233032 GLENCOE 60022 IL Single Family 17233114 XXXXXX VALLEY 92555 CA Single Family 17233028 PACIFICA 94044 CA Single Family 17233029 LOS ANGELES 90068 CA Single Family 17233108 ANAHEIM 92804 CA Single Family 17233109 JEFFERSONTON 22724 VA Single Family 17247380 PASADENA 91104 CA Single Family 17233000 DULUTH 30097 GA PUD 17233001 XXXXXXXXXXX 00000 XX XXX 17233002 XXXX XXXXX 00000 CA Single Family 17233003 RANCHO PALOS VERDES 90275 CA Single Family 17233004 ATLANTA 30327 GA Single Family 17233005 MEQUON 53092 WI PUD 17233006 SIMI VALLEY 93065 CA PUD 17233007 CHICAGO 60657 IL Single Family 17247291 RIVERSIDE 92504 CA Single Family 17247373 EAGLE 83616 ID PUD 17233008 XXXXXXXXXXXXXX 00000 XX Single Family 17233009 SANTA XXXX 95401 CA Single Family 17233010 PALM DESERT 92211 CA PUD 17233011 PALM DESERT 92211 CA PUD 17233013 NEWTOWN 06470 CT Single Family 17233014 XXXXXX ISLAND 32034 FL Single Family 17233015 PACIFICA 94044 CA Single Family 17233016 OAKLAND 94605 CA Single Family 17233017 IRVINE 92602 CA Condominium 17233018 XXXXXX 00000 CA PUD 17247293 XX XXXXX 00000 CA Single Family 17247294 REUNION 34747 FL Condominium 17233100 XXXXXX XXXXX XXXX 00000 CA Condominium 17233020 CHARLESTON 29492 SC PUD 17233101 LAKE TAPPS 98391 WA PUD 17233021 OCEAN CITY 08226 NJ Condominium 17233102 SOUTH HAVEN 49090 MI Single Family 17233022 CORSICANA 75109 TX Single Family 17233023 STAMFORD 06902 CT Single Family 17233105 SANTA XXXXXXX 93111 CA PUD 17233024 CARY 27519 NC PUD 17233106 IRVINE 92612 CA PUD 17233025 PARKTON 21120 MD Single Family 17233107 SAN DIEGO 92109 CA Condominium 17247371 OCEANSIDE 92056 CA Single Family 17247365 MAPLE GROVE 55311 MN Single Family 17247287 MARINA DEL REY 90292 CA Condominium 17247288 XXXXXX 00000 XX Single Family 17247289 GRANITE BAY 95746 CA PUD 17247284 LAKE OSWEGO 97035 OR Single Family 17247258 SAN FRANCISCO 94110 CA Condominium 17247259 SAN XXXX 95136 CA Condominium 17247340 SANTA XXXXXXX 93103 CA Single Family 17247342 SIMI VALLEY 93065 CA Single Family 17247346 PARK CITY 84098 UT Single Family 17247348 LIGHTHOUSE POINT 33064 FL Single Family 17247351 XXXXXXXXXX 00000 XX Single Family 17247270 XXXXX XXXXXXXX 00000 XX XXX 17247353 XXXXXXX 00000 XX Single Family 17247272 NAPA 94558 CA Single Family 17247355 CHULA VISTA 91915 CA PUD 17247356 ORANGE 92869 CA Single Family 17247277 SIMI VALLEY 93065 CA Single Family 17247278 SYLMAR 91342 CA PUD 17247362 SAN DIEGO 92131 CA PUD 17247322 GRANADA HILLS 91344 CA Single Family 17247324 LOS ANGELES 90066 CA Single Family 17247331 XXXXXXX 00000 XX Single Family 17247251 SANTA XXXX 95062 CA Single Family 17247333 SAN XXXX 95136 CA Single Family 17247252 RANCHO MIRAGE 92270 CA PUD 17247253 XXXXXXX 00000 XX Single Family 17247255 CASTAIC 91384 CA Single Family 17247256 RIVERSIDE 92507 CA Single Family 17247327 MAITLAND 32751 FL Single Family 17247328 DENVER 80218 CO Single Family 17247248 LA JOLLA 92037 CA Single Family 17247237 NOVATO 94947 CA Single Family 17247228 SAN XXXX 95136 CA PUD 17247309 UPLAND 91784 CA PUD 17247310 SANTA XXXXXX 90403 CA Condominium 17247312 PALISADES PARK 07650 NJ Condominium 17247316 XXXXXX 00000 XX Single Family 17233391 LONG BEACH 90807 CA Single Family 17233475 NICOLAUS 95659 CA Single Family 17233476 KAILUA KONA 96740 HI Condominium 17233397 CARLSBAD 92009 CA PUD 17247204 NEW YORK 10003 NY Condominium 17247217 LIVERMORE 94550 CA Single Family 17247218 TOMS RIVER 08755 NJ Single Family 17247219 VISTA 92084 CA PUD 17247225 XXX XXXXXXXXX 00000 CT Single Family 17233452 XXXXXXXXXX XXXXX 00000 CA Single Family 17233456 SANTA XXX 92707 CA Single Family 00000000 BURBANK 91501 CA Condominium 17233432 XXXXXX HILL 95037 CA PUD 17233433 XXXXXX 00000 XX Single Family 17233190 IRVINE 92604 CA Condominium 17233193 XXXXXXXXX 00000 XX PUD 17233438 XXXXXXX 00000 XX Condominium 17233195 XXXXXX XXXXX 00000 CA PUD 17233196 COSTA MESA 92627 CA Condominium 17233359 XXXXXXXX 00000 XX PUD 17233198 NOVATO 94945 CA PUD 17233360 CAMBRIA 93428 CA Single Family 17233361 XXXXXX XXXX 00000 NJ Condominium 17233364 LONG BEACH 90803 CA Single Family 17233366 LOS ANGELES 90077 CA Condominium 17233367 CHILMARK 02535 MA Single Family 17233180 GILROY 95020 CA Single Family 17233424 XX XXXXXX XXXXX 00000 XX Single Family 17233343 SAN FRANCISCO 94105 CA Condominium 17233344 XXXXXXXXXXX 00000 XX Single Family 17233345 MINNEAPOLIS 55416 MN Single Family 17233184 PLAINVIEW 11803 NY Single Family 17233185 XXXX HEAD 11545 NY Single Family 17233349 FULLERTON 92835 CA Single Family 17233189 LOS ANGELES 90025 CA Condominium 17233084 LONG BEACH 90807 CA Single Family 17233327 SANTA XXXXXXX 93105 CA Single Family 17233166 WHITTIER 90601 CA Single Family 17233086 AVALON 08202 NJ Condominium 17233167 CHULA VISTA 91913 CA Single Family 17233087 MIAMI 33187 FL Single Family 17233088 CARLSBAD 92009 CA PUD 17233169 LOS ANGELES 90025 CA Condominium 17233089 XXXXXXX XXXXX 00000 NY Single Family 17233413 GARDEN GROVE 92843 CA Single Family 17233170 STATEN ISLAND 10306 NY 2-4 Family 17233171 RIVERSIDE 92503 CA Single Family 17233333 ENCINITAS 92024 CA Single Family 17233091 XXXXXXX 07930 NJ Single Family 17233092 SAN XXXXXX 94070 CA Single Family 17233173 SIMI VALLEY 93065 CA Single Family 17233335 COVINA 91724 CA Single Family 17233093 XXXXXXXXX 00000 XX PUD 17233174 XXXXXXXX 00000 XX Single Family 17233094 XXXX XXXX 00000 CA Single Family 17233337 BOZEMAN 59715 MT Single Family 17233095 XXXXXX VALLEY 92555 CA Single Family 17233176 CAMARILLO 93010 CA PUD 17233177 SAN FRANCISCO 94105 CA Condominium 17233178 XXXXXXXX 00000 XX Single Family 17233179 PANAMA CITY 32407 FL Condominium 17233151 XXX XXXX XXXXXX 00000 CA Single Family 17233071 SAN FRANCISCO 94102 CA Condominium 17233072 CLE ELUM 98922 WA Single Family 17233073 ALTADENA 91001 CA PUD 17233154 LOS ANGELES 91367 CA Single Family 17233074 SCARSDALE 10583 NY Single Family 17233075 MIRA LOMA 91752 CA Single Family 17233156 FAIRFIELD 94534 CA Single Family 17233076 WALDORF 20603 MD Single Family 17233319 XXXXXXXXXX 00000 AZ PUD 17233158 XXXXXXXXXX XXXXX 00000 CA Condominium 17233078 OAKLEY 94561 CA Single Family 17233159 XXXXX 00000 HI Condominium 17233080 PARK RIDGE 60068 IL Single Family 17233081 PASADENA 91106 CA Condominium 17233162 APPLE VALLEY 92307 CA Single Family 17233324 MONUMENT 80132 CO PUD 17233406 MENLO PARK 94025 CA Single Family 17233083 DENVILLE 07834 NJ Single Family 17233407 SANTA XXXX 95409 CA PUD 17233164 RANCHO CUCAMONGA 91739 CA Single Family 17233069 SOUTH GATE 90280 CA Condominium 17233150 ANTOICH 94531 CA Single Family 17233067 LOS ANGELES 90045 CA Single Family 17233149 COSTA MESA 92626 CA Single Family 17233066 GARDEN CITY 11530 NY Single Family 17233309 SANFORD 32771 FL PUD 17233141 IDYLLWILD 92549 CA Single Family 17233142 LAKESIDE 92040 CA Single Family 17233304 SIMI VALLEY 93065 CA PUD 17233063 CHARLESTOWN 02129 MA Condominium 17233144 XXXXXXXX 94553 CA Single Family 17233064 SUDBURY 01776 MA Single Family 17233145 ALPINE 84004 UT Single Family 17233058 XXXXXXXXXXX 00000 XX Single Family 17233059 LAS VEGAS 89183 NV PUD 17233300 SAN XXXXXX 94901 CA Single Family 17233301 XXXXXXX OAKS 91423 CA Single Family 17233140 NIPOMO 93444 CA PUD 17233302 XXXXXXXX 80465 CO PUD 17233060 XXXXXX XXXXXX 00000 MD Single Family 17233051 SANTA XXX AREA 92705 CA Single Family 17233132 WESTMINSTER 92683 CA Single Family 17233052 RENTON 98055 WA PUD 17233133 SAN FRANCISCO 94114 CA Single Family 17233054 XXXXXXX 00000 XX Single Family 17233135 CARPINTERIA 93013 CA Condominium 17233136 RIVERSIDE 92508 CA Single Family 17233056 SARASOTA 34241 FL PUD 17233137 PORTLAND 97239 OR Single Family 17233047 SAN DIEGO 92109 CA Condominium 17233128 XXXXXX VALLEY 94546 CA Single Family 17233129 CORONA 92880 CA Single Family 17233049 SAVANNAH 38372 TN PUD 17233130 XXXXXX XXXXX 00000 CA Single Family 17233050 FULLERTON 92831 CA Single Family 17233285 ROCKVILLE 20850 MD Single Family 17233288 SANTA XXXXX 93455 CA Single Family 17233290 LAGUNA NIGUEL 92677 CA PUD 17233292 CLAREMONT 91711 CA Single Family 17233293 SAN DIEGO 92127 CA PUD 17233295 SAN CLEMENTE 92673 CA PUD 17233296 NORCO 92860 CA Single Family 17232973 FLOYDS KNOBS 47119 IN Single Family 17232974 FALLBROOK 92028 CA Single Family 17232977 XXXX XXXXX 00000 FL Single Family 17232979 XXXXXXX XXXXX 00000 NY Single Family 17232980 ATLANTA 30339 GA Single Family 17232981 XXXXXXXXXX XXXXX 00000 CA PUD 17232982 FAIRFAX STATION 22039 VA PUD 17232983 XXXXXXXX 95008 CA Single Family 17232985 PALM SPRINGS 92262 CA PUD 17232986 SUFFOLK 23435 VA PUD 17232987 PEBBLE BEACH 93953 CA Single Family 17232988 CLAREMONT 91711 CA Single Family 17232989 XXXXXXXX XXXX XXXX 00000 CA Condominium 17232990 SAN DIEGO 92110 CA Single Family 17232991 GRETNA 68028 NE Single Family 17232992 XX XXXXXX XXXXX 00000 XX Single Family 17232994 SAN DIEGO 92127 CA PUD 17232996 LONG BEACH 90808 CA Single Family 17232997 XXXXX 22015 VA Single Family 17232998 LOS ANGELES 90026 CA Single Family 17232999 BATH 48808 MI Single Family 17233206 XXXXXX 00000 XX Single Family 17233211 NEW YORK 10019 NY Condominium 17233212 PAWLEYS ISLAND 29585 SC PUD 17233214 LADERA RANCH 92694 CA PUD 17233216 XXXXXXX XXXXX 00000 CA Condominium 17233218 XXXXXXXX 00000 XX Single Family 17233219 KENT 98042 WA Single Family 17233221 XXXXXXXXXX 00000 XX Single Family 17233233 WELLINGTON 33414 FL PUD 17233235 XXXXXXXX 00000 XX Single Family 17233236 FAIRFIELD 06824 CT Single Family 17233240 LAKEWOOD 90713 CA Single Family 17233241 HASTINGS 55033 MN Single Family 17233242 ALDIE 20105 VA PUD 17233243 LA VERNE 91750 CA Single Family 17233245 XXXXXX 00000 XX Single Family 17233249 PALISADES PARK 07650 NJ 2-4 Family 17233251 EDISON 08817 NJ Single Family 17233252 XXXXXXXX 00000 XX PUD 17233253 EAGLE 83616 ID PUD 17233254 VALENCIA 91354 CA PUD 17233256 LOS ANGELES 91604 CA Single Family 17233257 XXXXX XXX 00000 CA Single Family 17233260 ORINDA 94563 CA Single Family 17233262 INGLEWOOD 90305 CA Single Family 17233264 SAN FRANCISCO 94123 CA Condominium 17233265 DENVER 80235 CO Single Family 17233266 LARCHMONT 10538 NY Single Family 17233267 PASADENA 91107 CA Single Family 17233268 NAPA 94558 CA Single Family 17233269 LOS ANGELES 90049 CA Condominium 17233271 XXXX XXXX XXXX 00000 UT Single Family 17233272 ACAMPO 95220 CA Single Family 17233273 XXXXXXXXXX XXXXX 00000 CA Single Family 17233274 NAPLES 34116 FL Single Family 17233275 UPPER MARLBORO 20774 MD Single Family 17233280 SAN DIEGO 92127 CA Single Family 17233282 MESA 85207 AZ PUD 17247265 XXXXXX 00000 XX PUD 17244992 IRVINE 92620 CA PUD 17244993 LOS OSOS 93402 CA Single Family 17244994 SAN CLEMENTE 92673 CA PUD 17244995 XXXXXXXXX 00000 XX 2-4 Family 17244996 CORONADO 92118 CA Condominium 17244997 LAGUNA NIGUEL 92677 CA PUD 17244998 XXXXXXX XXXXX 00000 CA Condominium 17244999 XXXXXXXX 00000 XX PUD 17244990 XXXXXX XXXX 00000 CA 2-4 Family 17244991 APTOS 95003 CA PUD 17247375 SAN XXXX 95123 CA Single Family 17247295 RANCHO CU 91701 CA Single Family 17247376 FALL CITY 98024 WA PUD 17247296 XXX XXXXXXXXX 00000 CT Single Family 17247377 XXXXX XXXXX 92886 CA Single Family 17247381 XXXXX XXXXX 00000 CA Single Family 17247382 WINDERMERE 34786 FL PUD 17247374 XXXXXX 00000 XX Single Family 17247370 SAN XXXX 95116 CA Single Family 17247290 SPOKANE 99208 WA Single Family 17247367 XXXXXXX 00000 XX Single Family 17247286 SAN MARCOS 92069 CA PUD 17247283 VENTURA 93003 CA Single Family 17247261 SANTA XXXXXXX AREA 93108 CA Single Family 17247343 RENO 89519 NV Single Family 17247344 FREDERICKSBURG 22406 VA Single Family 17247263 ALBUQUERQUE 87111 NM PUD 17247266 XXXXX XXXX 00000 CA Condominium 17247349 NAPA 94558 CA Single Family 17247268 XXXXXXXX 00000 XX Single Family 17247269 ACTON 01720 MA Condominium 17247350 SIMI VALLEY 93065 CA PUD 17247271 SANTA XXX 92704 CA Single Family 17247273 MOORPARK 93021 CA PUD 17247274 XXXXXXX 00000 XX Single Family 17247276 THE WOODLANDS 77382 TX PUD 17247357 SAN FRANCISCO 94107 CA Condominium 17247197 LAS VEGAS 89131 NV PUD 17247198 ISSAQUAH 98029 WA Single Family 17247279 LOS ANGELES 91326 CA Single Family 17247280 PASO XXXXXX 93446 CA PUD 17247282 ANAHEIM 92801 CA Single Family 17247320 SAMMAMISH 98075 WA Single Family 17247321 BONSALL 92003 CA PUD 17247240 WASHINGTON 20007 DC Single Family 17247241 XXXXXXXXX 00000 XX PUD 17247242 DETROIT 48214 MI Single Family 17247243 HINSDALE 60521 IL Single Family 17247254 XXXXXXXXX 00000 XX PUD 17247335 MARATHON 33050 FL Single Family 17247326 CAMARILLO 93012 CA Condominium 17247246 XXXXXXXXXX 00000 AZ Single Family 17247247 MERCED 95340 CA Single Family 17247329 SAN MATEO 94401 CA Single Family 17247317 MENLO PARK 94025 CA Single Family 17247236 XXX XXXX XXXXXX 00000 CA Single Family 17247318 LAS VEGAS 89109 NV Condominium 17247238 SAN DIEGO 92127 CA Single Family 17247311 XXXXXXXX 00000 XX Single Family 17247230 XXXXXXXXXX 00000 XX XXX 17247231 LOS ANGELES 90064 CA Condominium 17247234 STERLING 20165 VA PUD 17256615 CHICO 95926 CA Single Family 17256616 PALO 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Family 17245029 GAITHERSBURG 20878 MD PUD 17245004 LOS ANGELES 90068 CA Single Family 17245005 XXXX BEACH 94038 CA Single Family 17245006 SAN DIEGO 92131 CA PUD 17245007 XXXXXXXX 00000 XX Single Family 17245008 THOUSAND OAKS 91360 CA PUD 17245009 DIXON 95620 CA Single Family 17245010 NEW YORK 10023 NY Condominium 17245011 XXXXXX 91902 CA Single Family 17245012 COTO DE CAZA 92679 CA PUD 17245013 XXXXXXX XXXX 00000 CA PUD 17245014 XXXXXXXXXX 00000 XX Single Family 17245015 MIAMI 33137 FL Condominium 17245000 CATHEDRAL CITY 92234 CA PUD 17245001 ESCONDIDO 92026 CA PUD 17245002 XXXXXXXX 00000 XX Single Family 17245003 CHULA VISTA 91910 CA Single Family 17250580 BURLINGAME 94010 CA Single Family 17250571 WASHINGTON 20002 DC Single Family 17250569 VALDOSTA 31605 GA Single Family 17250579 LOS GATOS 95030 CA Single Family 17250560 LOS ANGELES 90025 CA Condominium 17250561 ISSAQUAH 98029 WA Single Family 17250558 ATLANTA 30350 GA PUD 17250567 XXXXXXX 00000 XX Single Family 17250568 LAGUNA 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MO Single Family 17244945 XXXXXXXXXX 00000 XX Single Family 17244946 XXXXXXXXXX 00000 XX PUD 17244947 XXXXXX 00000 XX PUD 17244948 GILROY 95020 CA Single Family 17244949 SHELTON 06484 CT Single Family 17244950 CHALFONT 18914 PA PUD 17244951 XXXXXXXXX 00000 CT Single Family 17244952 NAPLES 34120 FL Condominium 17244953 XXXXXX XXXXX XXXXXXXXX 00000 CA Single Family 17244954 CHICAGO 60610 IL Condominium 17244955 SAN XXXX 95131 CA Condominium 17244956 OAKLAND 94609 CA Single Family 17244957 WAXHAW 28173 NC Single Family 17244958 ALEXANDRIA 22310 VA PUD 17244959 XXXXXXXXX XXXXXXX 00000 XX XXX 17244960 XXXXXXX XXXX 00000 NV Single Family 17244961 LOMBARD 60148 IL Single Family 17244963 XXXXXXX HILLS 90212 CA Single Family 17244964 XXXXXXXXXX 00000 XX PUD 17244965 NEEDHAM 02492 MA Single Family 17244966 MCKINNEY 75071 TX PUD 17244967 XXXXXXXXXX 00000 XX Single Family 17244968 VISTA 92084 CA PUD 17244969 XXXXX XXXXX 00000 CA Single Family 17244970 SAN XXXX 95133 CA Condominium 17244971 ROCKLIN 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PUD 17247372 IRVINE 92612 CA Condominium 17247292 SAN DIEGO 92129 CA Single Family 17233019 LOS ANGELES 90068 CA Single Family 17233103 OJAI 93023 CA Single Family 17233104 CUPERTINO 95014 CA PUD 17233026 WASHINGTON 20003 DC Single Family 17247366 SANTA CLARITA 91351 CA Condominium 17247285 XXXXXXXX 20158 VA Single Family 17247368 BAKERSFIELD 93311 CA PUD 17247369 XXXX XXXXX 00000 CA Single Family 17247363 LAS VEGAS 89145 NV PUD 17247364 CAMARILLO 93012 CA Single Family 17247341 MONROE TWP. 08831 NJ Single Family 17247262 SAN MARCOS 92078 CA PUD 17247345 LAS VEGAS 89135 NV PUD 17247347 LAS VEGAS 89123 NV PUD 17247267 XXXXXXXXX XXXXXXXX 00000 NJ Single Family 17247352 SAN XXXX 95120 CA PUD 17247354 MONTEREY 93940 CA Single Family 17247275 XXXX XXXXX XXXXXXXX 00000 NJ Single Family 17247359 TAMPA 33647 FL PUD 17247360 XXXXX XXXXX 00000 FL Condominium 17247361 INDIO 92201 CA Single Family 17247281 SANTA XXXX 95407 CA PUD 17247323 LOS ANGELES 90025 CA Condominium 17247325 TOLUCA LAKE 91602 CA Condominium 17247250 CLAREMONT 91711 CA Single Family 17247334 SAN DIEGO 92109 CA Single Family 17247337 LA PALMA 90623 CA Single Family 17247257 SAN DIEGO 92119 CA Single Family 17247245 LAKE FOREST 92630 CA Single Family 17247330 COLORADO SPRINGS 80908 CO PUD 17247229 BROOKLYN 11225 NY Condominium 17247232 SAN DIEGO 92130 CA Single Family 17247314 XXXX XXXX XXXX 00000 UT Single Family 17247233 XXXXXXXXXX 00000 XX XXX 17247315 SONOMA 95476 CA Single Family 17247215 SAN XXXX 95131 CA PUD 17233392 HAYDEN 83835 ID Single Family 17233393 XXXXXX 00000 XX Condominium 17233394 LAKEWOOD 90712 CA Single Family 17233395 CAMARILLO 93010 CA Single Family 17233396 GREAT FALLS 22066 VA PUD 17233398 XXXXXXXX 00000 XX PUD 17233399 RIVERSIDE 92506 CA Single Family 17247201 MOORPARK 93021 CA PUD 17247206 XXXXX XXXX 00000 CA Condominium 17247213 GREENWICH 06807 CT Single Family 17247301 UPPER SADDLE RIVER 07458 NJ Condominium 17247305 GOLDEN 80401 CO Single Family 17233370 PALO ALTO 94303 CA Single Family 17233453 MIRAMAR 33029 FL PUD 17233372 LOS ANGELES 90039 CA Single Family 17233454 FRISCO 75034 TX PUD 17233373 BREWSTER 02631 MA Single Family 17233455 ESTERO 33928 FL PUD 17233374 LOS ANGELES 91405 CA Single Family 17233457 APTOS 95003 CA Single Family 17233376 CHINO HILLS 91709 CA PUD 17233458 CELEBRATION 34747 FL PUD 17233377 XXXX XXXXX 00000 FL Single Family 17233459 SANTA YNEZ 93460 CA Single Family 17233378 AVALON 08202 NJ Single Family 17233379 KAMUELA 96743 HI Condominium 17233461 HIGHLAND 92346 CA Single Family 17233462 HENDERSON 89011 NV PUD 17233464 LAS VEGAS 89141 NV PUD 17233383 XXXXXX HILL 95037 CA Single Family 17233384 CORONA 92882 CA PUD 17233466 XXXXXXX XXXXX 00000 CA Condominium 17233385 NIPOMO 93444 CA Single Family 17233387 WENHAM 01984 MA Single Family 17233388 MISSION VIEJO 92691 CA Single Family 17233389 TUSTIN 92780 CA Single Family 17233470 LONG BEACH 90803 CA Single Family 17233390 CORAL GABLES 33143 FL Single Family 17233352 LOS ANGELES 90041 CA Single Family 17233434 SALINAS 93906 CA PUD 17233191 LOS ANGELES 90024 CA Single Family 17233353 XXXXX XXXXX 00000 CA Single Family 17233435 XXXXXXXXXX 00000 XX Single Family 17233192 CALABASAS 91301 CA Single Family 17233354 SALINAS 93906 CA Single Family 17233436 SAN XXXX 95123 CA Single Family 17233355 DENVILLE 07834 NJ Condominium 17233437 PALOS PARK 60464 IL Single Family 17233356 SANTA XXXXXXX 93101 CA Single Family 17233439 LAKE FOREST 92630 CA PUD 17233199 NOVATO 94945 CA Single Family 17233440 WESTFIELD 07090 NJ Single Family 17233441 HAYWARD 94541 CA Single Family 17233443 CONCORD 01742 MA Single Family 17233362 THOUSAND OAKS 91320 CA PUD 17233444 NANTUCKET 02554 MA Single Family 17233445 ATLANTA 30307 GA Single Family 17233446 VENTURA 93004 CA Single Family 17233447 OXNARD 93030 CA Single Family 17233448 XXXXXXXX 29626 SC Single Family 17233449 GRANITE BAY 95746 CA PUD 17233421 XXXXXXXXXX 00000 AZ PUD 17233340 XXXX XXXXXXXXXX 00000 FL Single Family 17233422 MILL VALLEY 94941 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CA Single Family 17233317 DEL MAR 92014 CA Single Family 17233318 CAVE CREEK 85331 AZ Single Family 17233157 SIMI VALLEY 93065 CA PUD 17233077 XXXX XXXX XXX 00000 CA Single Family 17233400 XXXXXXXXXX 00000 AZ Single Family 17233401 CAMPBELL 95008 CA PUD 17233320 BOULDER 80304 CO Single Family 17233402 LOS ANGELES 90049 CA Single Family 17233321 WESTMINSTER 92683 CA Single Family 17233160 LAHAINA 96761 HI Single Family 17233404 LOS ANGELES 90292 CA Condominium 17233161 HINGHAM 02043 MA Single Family 17233323 SIERRA MADRE 91024 CA Single Family 17233082 CALDWELL 83607 ID PUD 17233326 XXXXXXXXXX 00000 XX Single Family 17233310 XXXXXXXX 00000 XX Single Family 17233311 BETHESDA 20816 MD Single Family 17233312 WINDERMERE 34786 FL PUD 17233070 XXX XXXXXX 00000 CA Single Family 17233313 SAN DIEGO 92109 CA 2-4 Family 17233148 XXXXXXX 00000 XX Single Family 17233061 STATEN ISLAND 10309 NY 2-4 Family 17233143 RANCHO CUCAMONGA 91739 CA Single Family 17233305 NORTHRIDGE 91325 CA Single Family 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17247339 VALLEY FORD 94972 CA Single Family 17247260 UNINCORPORATED AREA OF CA 91384 CA PUD 17247264 LADERA RANCH 92694 CA PUD 17247358 SAN DIEGO 92106 CA Single Family 17247244 WEST FRIENDSHIP 21794 MD Single Family 17247332 WESTMINSTER 92683 CA Single Family 17247336 MANASSAS 20112 VA PUD 17247338 LONG BEACH 90803 CA Single Family 17247249 PALM SPRINGS 92262 CA Single Family 17247319 MIAMI 33156 FL Single Family 17247239 CELEBRATION 34747 FL Condominium 17247313 SUMMIT 07901 NJ Single Family 17247307 MILPITAS 95035 CA Single Family 17247308 ELK GROVE 95624 CA Single Family 17233473 BUENA PARK 90621 CA PUD 17233474 SOMERS POINT 08244 NJ Condominium 17247200 RAVENNA TOWNSHIP 55033 MN Single Family 17247205 CLERMONT 34711 FL Single Family 17247207 DONNELLY 83615 ID Single Family 17247220 HAWTHORNE 90250 CA Single Family 17233450 LOS GATOS 95030 CA Single Family 17233371 WOODLAND HILLS 91364 CA Single Family 17233375 SAN MARCOS 92078 CA PUD 17233380 SAN PEDRO 90731 CA Single Family 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Family 17233325 PAGOSA SPRINGS 81147 CO PUD 17233068 TAMPA 33606 FL Condominium 17233308 VALLEJO 94589 CA Single Family 17233065 PEBBLE BEACH 93953 CA Single Family 17233146 WALNUT CREEK 94598 CA Single Family 17233139 CHICAGO 60657 IL Single Family 17233048 BUENA PARK 90620 CA Single Family 17233283 ISSAQUAH 98029 WA PUD 17233286 DENVER 80209 CO Single Family 17232995 OAKLAND 94611 CA Single Family 17233200 CASTRO VALLEY 94552 CA PUD 17233207 WALNUT CREEK 94597 CA PUD 17233210 WATER MILL 11976 NY Single Family 17233222 LA HABRA 90631 CA Single Family 17233227 BURTONSVILLE 20866 MD Single Family 17233229 HUNTINGTON BEACH 92646 CA Single Family 17233238 WESTPORT 06880 CT Single Family 17233239 LITTLE RIVER 95456 CA Single Family 17233250 DEMAREST 07627 NJ Single Family 17233255 LOS ANGELES 90049 CA Condominium 17233270 LOS ANGELES 90292 CA Single Family 17233276 VILLAGE OF RIDGEWOOD 07450 NJ Single Family 17233279 SAN PABLO 94806 CA PUD 17151971 CORONA 92879 CA PUD 17151933 BROOKLYN 11211 NY CO-OP 17151935 HESPERIA 92345 CA Single Family 17151950 NEW YORK 10011 NY CO-OP 17151953 CHESTER SPRINGS 19425 PA Single Family 17151974 LOS ANGELES 90056 CA Single Family 17151981 RIVERDALE 20737 MD Single Family 17151983 TUSTIN 92782 CA PUD 17151992 PACIFIC PALISADES 90272 CA PUD 17152002 CHATSWORTH 91311 CA Single Family 17152005 JERSEY CITY 07310 NJ Condominium 17151917 SEATTLE 98177 WA Single Family 17151913 LAS VEGAS 89130 NV PUD 17151976 TUSTIN 92782 CA PUD 17151998 INGLEWOOD 90303 CA Single Family 17152007 SAN JOSE 95127 CA Single Family LOAN_SEQ CURRENT_ SERV_FEE MSERV LPMI TRUSTEE_FEE GROSS_COUPON --------------------------------------------------------------------------------------------------------------------- 17151996 6.2500 0.2500 0.0000 0.0000 0.0045 17151960 6.1250 0.2500 0.0000 0.0000 0.0045 17151912 6.3750 0.2500 0.0000 0.0000 0.0045 17151914 6.5000 0.2500 0.0000 0.0000 0.0045 17151922 5.7500 0.2500 0.0000 0.0000 0.0045 17151924 6.7500 0.2500 0.0000 0.0000 0.0045 17151926 5.5000 0.2500 0.0000 0.0000 0.0045 17151927 6.3750 0.2500 0.0000 0.0000 0.0045 17151929 6.3750 0.2500 0.0000 0.0000 0.0045 17151931 6.2500 0.2500 0.0000 0.0000 0.0045 17151946 5.8750 0.2500 0.0000 0.0000 0.0045 17151925 6.5000 0.2500 0.0000 0.0000 0.0045 17151928 6.6250 0.2500 0.0000 0.0000 0.0045 17151930 6.3750 0.2500 0.0000 0.0000 0.0045 17151932 6.5000 0.2500 0.0000 0.0000 0.0045 17151934 5.7500 0.2500 0.0000 0.0000 0.0045 17151937 6.7500 0.2500 0.0000 0.0000 0.0045 17151938 5.8750 0.2500 0.0000 0.0000 0.0045 17151939 5.8750 0.2500 0.0000 0.0000 0.0045 17151940 6.7500 0.2500 0.0000 0.0000 0.0045 17151941 6.0000 0.2500 0.0000 0.0000 0.0045 17151942 6.1250 0.2500 0.0000 0.0000 0.0045 17151943 6.0000 0.2500 0.0000 0.0000 0.0045 17151944 6.1250 0.2500 0.0000 0.0000 0.0045 17151945 6.2500 0.2500 0.0000 0.0000 0.0045 17151947 6.7500 0.2500 0.0000 0.0000 0.0045 17151948 6.3750 0.2500 0.0000 0.0000 0.0045 17151949 6.6250 0.2500 0.0000 0.0000 0.0045 17151951 6.0000 0.2500 0.0000 0.0000 0.0045 17151954 5.8750 0.2500 0.0000 0.0000 0.0045 17151955 6.8750 0.2500 0.0000 0.0000 0.0045 17151956 6.3750 0.2500 0.0000 0.0000 0.0045 17151958 5.8750 0.2500 0.0000 0.0000 0.0045 17151961 6.0000 0.2500 0.0000 0.0000 0.0045 17151962 5.8750 0.2500 0.0000 0.0000 0.0045 17151963 6.5000 0.2500 0.0000 0.0000 0.0045 17151964 5.8750 0.2500 0.0000 0.0000 0.0045 17151965 6.3750 0.2500 0.0000 0.0000 0.0045 17151967 6.3750 0.2500 0.0000 0.0000 0.0045 17151969 6.2500 0.2500 0.0000 0.0000 0.0045 17151970 6.3750 0.2500 0.0000 0.0000 0.0045 17151972 6.0000 0.2500 0.0000 0.0000 0.0045 17151973 6.3750 0.2500 0.0000 0.0000 0.0045 17151975 5.8750 0.2500 0.0000 0.0000 0.0045 17151977 6.2500 0.2500 0.0000 0.0000 0.0045 17151978 5.8750 0.2500 0.0000 0.0000 0.0045 17152017 6.1250 0.2500 0.0000 0.0000 0.0045 17152018 6.2500 0.2500 0.0000 0.0000 0.0045 17152019 5.8750 0.2500 0.0000 0.0000 0.0045 17152020 5.3750 0.2500 0.0000 0.0000 0.0045 17152021 6.6250 0.2500 0.0000 0.0000 0.0045 17152022 6.2500 0.2500 0.0000 0.0000 0.0045 17152023 6.1250 0.2500 0.0000 0.0000 0.0045 17152024 5.8750 0.2500 0.0000 0.0000 0.0045 17152025 5.6250 0.2500 0.0000 0.0000 0.0045 17152026 6.5000 0.2500 0.0000 0.0000 0.0045 17152027 5.8750 0.2500 0.0000 0.0000 0.0045 17152028 6.2500 0.2500 0.0000 0.0000 0.0045 17152029 6.2500 0.2500 0.0000 0.0000 0.0045 17151979 6.5000 0.2500 0.0000 0.0000 0.0045 17151980 5.8750 0.2500 0.0000 0.0000 0.0045 17151982 6.7500 0.2500 0.0000 0.0000 0.0045 17151986 6.2500 0.2500 0.0000 0.0000 0.0045 17151987 6.5000 0.2500 0.0000 0.0000 0.0045 17151988 6.3750 0.2500 0.0000 0.0000 0.0045 17151989 6.2500 0.2500 0.0000 0.0000 0.0045 17151990 7.5000 0.2500 0.0000 0.6000 0.0045 17151991 6.7500 0.2500 0.0000 0.0000 0.0045 17151994 6.3750 0.2500 0.0000 0.0000 0.0045 17152000 6.0000 0.2500 0.0000 0.0000 0.0045 17152001 6.3750 0.2500 0.0000 0.0000 0.0045 17152003 6.7500 0.2500 0.0000 0.0000 0.0045 17152004 6.2500 0.2500 0.0000 0.0000 0.0045 17152006 6.3750 0.2500 0.0000 0.0000 0.0045 17152008 6.3750 0.2500 0.0000 0.0000 0.0045 17152009 6.5000 0.2500 0.0000 0.0000 0.0045 17152010 6.2500 0.2500 0.0000 0.0000 0.0045 17152011 5.7500 0.2500 0.0000 0.0000 0.0045 17152012 6.0000 0.2500 0.0000 0.0000 0.0045 17152013 5.8750 0.2500 0.0000 0.0000 0.0045 17152015 6.3750 0.2500 0.0000 0.0000 0.0045 17151898 6.0000 0.2500 0.0000 0.0000 0.0045 17151899 6.3750 0.2500 0.0000 0.0000 0.0045 17151902 5.7500 0.2500 0.0000 0.0000 0.0045 17151903 6.7500 0.2500 0.0000 0.0000 0.0045 17151904 5.8750 0.2500 0.0000 0.0000 0.0045 17151905 6.5000 0.2500 0.0000 0.0000 0.0045 17151906 6.8750 0.2500 0.0000 0.3800 0.0045 17151908 6.5000 0.2500 0.0000 0.0000 0.0045 17151909 6.5000 0.2500 0.0000 0.0000 0.0045 17151910 6.0000 0.2500 0.0000 0.0000 0.0045 17151916 6.8750 0.2500 0.0000 0.0000 0.0045 17151921 6.0000 0.2500 0.0000 0.0000 0.0045 17151923 5.8750 0.2500 0.0000 0.0000 0.0045 17151911 6.3750 0.2500 0.0000 0.0000 0.0045 17151957 6.1250 0.2500 0.0000 0.0000 0.0045 17151995 6.7500 0.2500 0.0000 0.0000 0.0045 17153681 6.8750 0.2500 0.0000 0.0000 0.0045 17153682 7.0000 0.2500 0.0000 0.0000 0.0045 17153683 7.2500 0.2500 0.0000 0.0000 0.0045 17153684 7.3750 0.2500 0.0000 0.0000 0.0045 17153685 6.3750 0.2500 0.0000 0.0000 0.0045 17153686 6.3750 0.2500 0.0000 0.0000 0.0045 17153688 6.2500 0.2500 0.0000 0.0000 0.0045 17153689 7.0000 0.2500 0.0000 0.0000 0.0045 17153690 6.6250 0.2500 0.0000 0.0000 0.0045 17153691 6.8750 0.2500 0.0000 0.0000 0.0045 17153692 6.7500 0.2500 0.0000 0.0000 0.0045 17153693 7.2500 0.2500 0.0000 0.0000 0.0045 17153694 6.7500 0.2500 0.0000 0.0000 0.0045 17153695 6.5000 0.2500 0.0000 0.0000 0.0045 17153696 6.5000 0.2500 0.0000 0.0000 0.0045 17153697 7.3750 0.2500 0.0000 0.0000 0.0045 17153698 6.2500 0.2500 0.0000 0.0000 0.0045 17153699 6.7500 0.2500 0.0000 0.0000 0.0045 17153700 6.3750 0.2500 0.0000 0.0000 0.0045 17153701 6.5000 0.2500 0.0000 0.0000 0.0045 17153702 6.5000 0.2500 0.0000 0.0000 0.0045 17153703 7.0000 0.2500 0.0000 0.0000 0.0045 17153704 6.3750 0.2500 0.0000 0.0000 0.0045 17153705 6.3750 0.2500 0.0000 0.0000 0.0045 17153706 6.1250 0.2500 0.0000 0.0000 0.0045 17153707 6.6250 0.2500 0.0000 0.0000 0.0045 17153708 6.6250 0.2500 0.0000 0.0000 0.0045 17153709 6.1250 0.2500 0.0000 0.0000 0.0045 17153710 6.7500 0.2500 0.0000 0.0000 0.0045 17153711 6.7500 0.2500 0.0000 0.0000 0.0045 17153712 7.6250 0.2500 0.0000 0.0000 0.0045 17153713 6.5000 0.2500 0.0000 0.0000 0.0045 17153714 6.7500 0.2500 0.0000 0.0000 0.0045 17153715 6.3750 0.2500 0.0000 0.0000 0.0045 17153716 6.7500 0.2500 0.0000 0.0000 0.0045 17153717 6.6250 0.2500 0.0000 0.0000 0.0045 17153718 7.2500 0.2500 0.0000 0.0000 0.0045 17153719 6.6250 0.2500 0.0000 0.0000 0.0045 17153720 6.5000 0.2500 0.0000 0.0000 0.0045 17153721 6.8750 0.2500 0.0000 0.0000 0.0045 17153722 7.5000 0.2500 0.0000 0.0000 0.0045 17153723 6.8750 0.2500 0.0000 0.0000 0.0045 17153726 6.0000 0.2500 0.0000 0.0000 0.0045 17153727 6.2500 0.2500 0.0000 0.0000 0.0045 17153728 6.8750 0.2500 0.0000 0.0000 0.0045 17153729 7.2500 0.2500 0.0000 0.0000 0.0045 17153537 6.5000 0.2500 0.0000 0.0000 0.0045 17153539 7.3750 0.2500 0.0000 0.0000 0.0045 17153540 6.6250 0.2500 0.0000 0.0000 0.0045 17153541 6.5000 0.2500 0.0000 0.0000 0.0045 17153542 6.5000 0.2500 0.0000 0.0000 0.0045 17153543 6.5000 0.2500 0.0000 0.0000 0.0045 17153544 6.6250 0.2500 0.0000 0.0000 0.0045 17153545 6.7500 0.2500 0.0000 0.0000 0.0045 17153546 6.0000 0.2500 0.0000 0.0000 0.0045 17153547 6.6250 0.2500 0.0000 0.0000 0.0045 17153548 7.5000 0.2500 0.0000 0.0000 0.0045 17153549 6.3750 0.2500 0.0000 0.0000 0.0045 17153550 6.3750 0.2500 0.0000 0.0000 0.0045 17153551 5.7500 0.2500 0.0000 0.0000 0.0045 17153552 6.1250 0.2500 0.0000 0.0000 0.0045 17153553 6.3750 0.2500 0.0000 0.0000 0.0045 17153554 6.1250 0.2500 0.0000 0.0000 0.0045 17153556 6.3750 0.2500 0.0000 0.0000 0.0045 17153557 4.8750 0.2500 0.0000 0.0000 0.0045 17153558 6.5000 0.2500 0.0000 0.0000 0.0045 17153559 7.3750 0.2500 0.0000 0.0000 0.0045 17153560 6.3750 0.2500 0.0000 0.0000 0.0045 17153561 6.7500 0.2500 0.0000 0.0000 0.0045 17153562 5.8750 0.2500 0.0000 0.0000 0.0045 17153563 6.2500 0.2500 0.0000 0.0000 0.0045 17153564 7.5000 0.2500 0.0000 0.0000 0.0045 17153565 6.1250 0.2500 0.0000 0.0000 0.0045 17153566 6.7500 0.2500 0.0000 0.0000 0.0045 17153567 6.5000 0.2500 0.0000 0.0000 0.0045 17153568 6.5000 0.2500 0.0000 0.0000 0.0045 17153569 6.6250 0.2500 0.0000 0.0000 0.0045 17153570 6.3750 0.2500 0.0000 0.0000 0.0045 17153571 6.3750 0.2500 0.0000 0.0000 0.0045 17153572 6.3750 0.2500 0.0000 0.0000 0.0045 17153573 6.3750 0.2500 0.0000 0.0000 0.0045 17153575 7.0000 0.2500 0.0000 0.0000 0.0045 17153576 6.5000 0.2500 0.0000 0.0000 0.0045 17153577 7.5000 0.2500 0.0000 0.0000 0.0045 17153578 6.0000 0.2500 0.0000 0.0000 0.0045 17153579 7.2500 0.2500 0.0000 0.0000 0.0045 17153580 6.6250 0.2500 0.0000 0.0000 0.0045 17153581 6.2500 0.2500 0.0000 0.0000 0.0045 17153582 6.2500 0.2500 0.0000 0.0000 0.0045 17153583 6.5000 0.2500 0.0000 0.0000 0.0045 17153584 6.7500 0.2500 0.0000 0.0000 0.0045 17153585 6.5000 0.2500 0.0000 0.0000 0.0045 17153586 6.2500 0.2500 0.0000 0.0000 0.0045 17153587 6.3750 0.2500 0.0000 0.0000 0.0045 17153588 6.3750 0.2500 0.0000 0.0000 0.0045 17153589 5.8750 0.2500 0.0000 0.0000 0.0045 17153591 6.8750 0.2500 0.0000 0.0000 0.0045 17153592 6.5000 0.2500 0.0000 0.0000 0.0045 17153593 5.6250 0.2500 0.0000 0.0000 0.0045 17153596 6.3750 0.2500 0.0000 0.0000 0.0045 17153597 6.5000 0.2500 0.0000 0.0000 0.0045 17153598 6.3750 0.2500 0.0000 0.0000 0.0045 17153599 6.1250 0.2500 0.0000 0.0000 0.0045 17153600 6.1250 0.2500 0.0000 0.0000 0.0045 17153601 7.6250 0.2500 0.0000 0.0000 0.0045 17153602 7.5000 0.2500 0.0000 0.0000 0.0045 17153603 6.5000 0.2500 0.0000 0.0000 0.0045 17153604 6.6250 0.2500 0.0000 0.0000 0.0045 17153605 6.3750 0.2500 0.0000 0.0000 0.0045 17153606 6.6250 0.2500 0.0000 0.0000 0.0045 17153608 7.0000 0.2500 0.0000 0.0000 0.0045 17153609 6.2500 0.2500 0.0000 0.0000 0.0045 17153610 6.6250 0.2500 0.0000 0.0000 0.0045 17153611 6.7500 0.2500 0.0000 0.0000 0.0045 17153612 6.3750 0.2500 0.0000 0.0000 0.0045 17153613 6.5000 0.2500 0.0000 0.0000 0.0045 17153614 6.2500 0.2500 0.0000 0.0000 0.0045 17153615 6.8750 0.2500 0.0000 0.0000 0.0045 17153616 6.5000 0.2500 0.0000 0.0000 0.0045 17153617 6.1250 0.2500 0.0000 0.0000 0.0045 17153618 6.5000 0.2500 0.0000 0.0000 0.0045 17153619 6.3750 0.2500 0.0000 0.0000 0.0045 17153620 6.0000 0.2500 0.0000 0.0000 0.0045 17153622 6.5000 0.2500 0.0000 0.0000 0.0045 17153623 6.2500 0.2500 0.0000 0.0000 0.0045 17153624 6.7500 0.2500 0.0000 0.0000 0.0045 17153625 6.3750 0.2500 0.0000 0.0000 0.0045 17153626 6.5000 0.2500 0.0000 0.0000 0.0045 17153627 7.1250 0.2500 0.0000 0.0000 0.0045 17153629 6.7500 0.2500 0.0000 0.0000 0.0045 17153631 6.5000 0.2500 0.0000 0.0000 0.0045 17153632 6.5000 0.2500 0.0000 0.0000 0.0045 17153633 6.6250 0.2500 0.0000 0.0000 0.0045 17153636 6.2500 0.2500 0.0000 0.0000 0.0045 17153637 6.3750 0.2500 0.0000 0.0000 0.0045 17153638 7.3750 0.2500 0.0000 0.0000 0.0045 17153639 6.8750 0.2500 0.0000 0.0000 0.0045 17153640 6.2500 0.2500 0.0000 0.0000 0.0045 17153641 6.5000 0.2500 0.0000 0.0000 0.0045 17153643 6.3750 0.2500 0.0000 0.0000 0.0045 17153644 6.2500 0.2500 0.0000 0.0000 0.0045 17153645 7.5000 0.2500 0.0000 0.0000 0.0045 17153646 7.0000 0.2500 0.0000 0.0000 0.0045 17153647 6.7500 0.2500 0.0000 0.0000 0.0045 17153648 6.6250 0.2500 0.0000 0.0000 0.0045 17153649 6.5000 0.2500 0.0000 0.0000 0.0045 17153650 7.3750 0.2500 0.0000 0.0000 0.0045 17153651 7.2500 0.2500 0.0000 0.0000 0.0045 17153652 6.5000 0.2500 0.0000 0.0000 0.0045 17153653 6.8750 0.2500 0.0000 0.0000 0.0045 17153654 6.3750 0.2500 0.0000 0.0000 0.0045 17153655 6.7500 0.2500 0.0000 0.0000 0.0045 17153656 6.2500 0.2500 0.0000 0.0000 0.0045 17153657 6.0000 0.2500 0.0000 0.0000 0.0045 17153658 6.3750 0.2500 0.0000 0.0000 0.0045 17153659 6.7500 0.2500 0.0000 0.0000 0.0045 17153660 6.7500 0.2500 0.0000 0.0000 0.0045 17153661 6.8750 0.2500 0.0000 0.0000 0.0045 17153662 6.2500 0.2500 0.0000 0.0000 0.0045 17153663 7.3750 0.2500 0.0000 0.0000 0.0045 17153664 5.5000 0.2500 0.0000 0.0000 0.0045 17153665 6.6250 0.2500 0.0000 0.0000 0.0045 17153666 7.1250 0.2500 0.0000 0.0000 0.0045 17153667 6.6250 0.2500 0.0000 0.0000 0.0045 17153668 6.8750 0.2500 0.0000 0.0000 0.0045 17153669 6.6250 0.2500 0.0000 0.0000 0.0045 17153670 5.8750 0.2500 0.0000 0.0000 0.0045 17153672 6.6250 0.2500 0.0000 0.0000 0.0045 17153674 6.3750 0.2500 0.0000 0.0000 0.0045 17153675 7.1250 0.2500 0.0000 0.0000 0.0045 17153676 6.3750 0.2500 0.0000 0.0000 0.0045 17153677 6.2500 0.2500 0.0000 0.0000 0.0045 17153679 6.5000 0.2500 0.0000 0.0000 0.0045 17153680 7.6250 0.2500 0.0000 0.0000 0.0045 17153494 6.2500 0.2500 0.0000 0.0000 0.0045 17153495 6.6250 0.2500 0.0000 0.0000 0.0045 17153497 6.3750 0.2500 0.0000 0.0000 0.0045 17153498 6.6250 0.2500 0.0000 0.0000 0.0045 17153499 5.6250 0.2500 0.0000 0.0000 0.0045 17153500 6.7500 0.2500 0.0000 0.0000 0.0045 17153501 6.0000 0.2500 0.0000 0.0000 0.0045 17153502 6.1250 0.2500 0.0000 0.0000 0.0045 17153503 6.0000 0.2500 0.0000 0.0000 0.0045 17153504 6.3750 0.2500 0.0000 0.0000 0.0045 17153505 6.3750 0.2500 0.0000 0.0000 0.0045 17153506 6.3750 0.2500 0.0000 0.0000 0.0045 17153507 6.3750 0.2500 0.0000 0.0000 0.0045 17153508 6.2500 0.2500 0.0000 0.0000 0.0045 17153509 6.6250 0.2500 0.0000 0.0000 0.0045 17153510 7.0000 0.2500 0.0000 0.0000 0.0045 17153512 6.6250 0.2500 0.0000 0.0000 0.0045 17153513 6.1250 0.2500 0.0000 0.0000 0.0045 17153514 6.5000 0.2500 0.0000 0.0000 0.0045 17153515 6.3750 0.2500 0.0000 0.0000 0.0045 17153516 6.3750 0.2500 0.0000 0.0000 0.0045 17153517 6.2500 0.2500 0.0000 0.0000 0.0045 17153518 6.2500 0.2500 0.0000 0.0000 0.0045 17153519 6.8750 0.2500 0.0000 0.0000 0.0045 17153520 5.8750 0.2500 0.0000 0.0000 0.0045 17153521 6.3750 0.2500 0.0000 0.0000 0.0045 17153522 6.2500 0.2500 0.0000 0.0000 0.0045 17153523 6.3750 0.2500 0.0000 0.0000 0.0045 17153524 6.8750 0.2500 0.0000 0.0000 0.0045 17153526 6.7500 0.2500 0.0000 0.0000 0.0045 17153527 6.8750 0.2500 0.0000 0.0000 0.0045 17153528 6.2500 0.2500 0.0000 0.0000 0.0045 17153529 6.7500 0.2500 0.0000 0.0000 0.0045 17153530 6.5000 0.2500 0.0000 0.0000 0.0045 17153531 7.0000 0.2500 0.0000 0.0000 0.0045 17153532 6.7500 0.2500 0.0000 0.0000 0.0045 17153534 6.3750 0.2500 0.0000 0.0000 0.0045 17153535 6.1250 0.2500 0.0000 0.0000 0.0045 17153536 6.7500 0.2500 0.0000 0.0000 0.0045 17153415 6.6250 0.2500 0.0000 0.0000 0.0045 17153416 6.3750 0.2500 0.0000 0.0000 0.0045 17153417 6.7500 0.2500 0.0000 0.0000 0.0045 17153418 6.0000 0.2500 0.0000 0.0000 0.0045 17153419 6.6250 0.2500 0.0000 0.0000 0.0045 17153421 7.0000 0.2500 0.0000 0.0000 0.0045 17153422 6.2500 0.2500 0.0000 0.0000 0.0045 17153424 6.2500 0.2500 0.0000 0.0000 0.0045 17153426 6.6250 0.2500 0.0000 0.0000 0.0045 17153427 6.6250 0.2500 0.0000 0.0000 0.0045 17153428 6.3750 0.2500 0.0000 0.0000 0.0045 17153429 6.5000 0.2500 0.0000 0.0000 0.0045 17153430 6.6250 0.2500 0.0000 0.0000 0.0045 17153431 6.5000 0.2500 0.0000 0.0000 0.0045 17153432 8.2500 0.2500 0.0000 0.0000 0.0045 17153433 6.2500 0.2500 0.0000 0.0000 0.0045 17153435 6.6250 0.2500 0.0000 0.0000 0.0045 17153436 7.5000 0.2500 0.0000 0.0000 0.0045 17153437 6.1250 0.2500 0.0000 0.0000 0.0045 17153438 6.3750 0.2500 0.0000 0.0000 0.0045 17153439 6.7500 0.2500 0.0000 0.0000 0.0045 17153440 5.7500 0.2500 0.0000 0.0000 0.0045 17153441 6.8750 0.2500 0.0000 0.0000 0.0045 17153442 7.6250 0.2500 0.0000 0.0000 0.0045 17153443 6.5000 0.2500 0.0000 0.0000 0.0045 17153444 6.3750 0.2500 0.0000 0.0000 0.0045 17153445 6.8750 0.2500 0.0000 0.0000 0.0045 17153446 6.0000 0.2500 0.0000 0.0000 0.0045 17153447 6.1250 0.2500 0.0000 0.0000 0.0045 17153448 6.5000 0.2500 0.0000 0.0000 0.0045 17153449 6.3750 0.2500 0.0000 0.0000 0.0045 17153450 7.3750 0.2500 0.0000 0.0000 0.0045 17153451 6.7500 0.2500 0.0000 0.0000 0.0045 17153452 6.5000 0.2500 0.0000 0.0000 0.0045 17153453 6.5000 0.2500 0.0000 0.0000 0.0045 17153454 6.2500 0.2500 0.0000 0.0000 0.0045 17153455 6.7500 0.2500 0.0000 0.0000 0.0045 17153456 6.8750 0.2500 0.0000 0.0000 0.0045 17153457 7.0000 0.2500 0.0000 0.0000 0.0045 17153458 6.3750 0.2500 0.0000 0.0000 0.0045 17153459 5.8750 0.2500 0.0000 0.0000 0.0045 17153460 6.1250 0.2500 0.0000 0.0000 0.0045 17153462 6.2500 0.2500 0.0000 0.0000 0.0045 17153463 6.5000 0.2500 0.0000 0.0000 0.0045 17153464 6.3750 0.2500 0.0000 0.0000 0.0045 17153465 6.1250 0.2500 0.0000 0.0000 0.0045 17153466 6.2500 0.2500 0.0000 0.0000 0.0045 17153467 6.5000 0.2500 0.0000 0.0000 0.0045 17153468 6.7500 0.2500 0.0000 0.0000 0.0045 17153471 6.7500 0.2500 0.0000 0.0000 0.0045 17153472 6.3750 0.2500 0.0000 0.0000 0.0045 17153473 6.3750 0.2500 0.0000 0.0000 0.0045 17153474 6.7500 0.2500 0.0000 0.0000 0.0045 17153475 6.8750 0.2500 0.0000 0.0000 0.0045 17153476 6.6250 0.2500 0.0000 0.0000 0.0045 17153477 6.6250 0.2500 0.0000 0.0000 0.0045 17153478 7.0000 0.2500 0.0000 0.0000 0.0045 17153479 6.7500 0.2500 0.0000 0.0000 0.0045 17153480 5.8750 0.2500 0.0000 0.0000 0.0045 17153482 6.5000 0.2500 0.0000 0.0000 0.0045 17153483 6.7500 0.2500 0.0000 0.0000 0.0045 17153484 6.6250 0.2500 0.0000 0.0000 0.0045 17153485 6.2500 0.2500 0.0000 0.0000 0.0045 17153486 7.0000 0.2500 0.0000 0.0000 0.0045 17153487 6.3750 0.2500 0.0000 0.0000 0.0045 17153488 6.5000 0.2500 0.0000 0.0000 0.0045 17153489 6.3750 0.2500 0.0000 0.0000 0.0045 17153490 5.6250 0.2500 0.0000 0.0000 0.0045 17153492 6.3750 0.2500 0.0000 0.0000 0.0045 17153493 6.6250 0.2500 0.0000 0.0000 0.0045 17153084 6.7500 0.2500 0.0000 0.0000 0.0045 17153085 6.5000 0.2500 0.0000 0.0000 0.0045 17153086 7.0000 0.2500 0.0000 0.0000 0.0045 17153088 7.5000 0.2500 0.0000 0.0000 0.0045 17153089 6.8750 0.2500 0.0000 0.0000 0.0045 17153090 6.8750 0.2500 0.0000 0.0000 0.0045 17153091 7.0000 0.2500 0.0000 0.0000 0.0045 17153092 6.8750 0.2500 0.0000 0.0000 0.0045 17153093 7.0000 0.2500 0.0000 0.0000 0.0045 17153101 6.0000 0.2500 0.0000 0.0000 0.0045 17153102 6.7500 0.2500 0.0000 0.0000 0.0045 17153103 6.1250 0.2500 0.0000 0.0000 0.0045 17153105 6.6250 0.2500 0.0000 0.0000 0.0045 17153106 7.2500 0.2500 0.0000 0.0000 0.0045 17153107 6.6250 0.2500 0.0000 0.0000 0.0045 17153108 6.0000 0.2500 0.0000 0.0000 0.0045 17153109 6.7500 0.2500 0.0000 0.0000 0.0045 17153110 6.2500 0.2500 0.0000 0.0000 0.0045 17153112 6.6250 0.2500 0.0000 0.0000 0.0045 17153113 6.2500 0.2500 0.0000 0.0000 0.0045 17153114 7.6250 0.2500 0.0000 0.0000 0.0045 17153115 6.3750 0.2500 0.0000 0.0000 0.0045 17153116 6.5000 0.2500 0.0000 0.0000 0.0045 17153117 6.5000 0.2500 0.0000 0.0000 0.0045 17153118 6.2500 0.2500 0.0000 0.0000 0.0045 17153119 6.2500 0.2500 0.0000 0.0000 0.0045 17153120 7.1250 0.2500 0.0000 0.0000 0.0045 17153121 6.2500 0.2500 0.0000 0.0000 0.0045 17153122 6.0000 0.2500 0.0000 0.0000 0.0045 17153123 6.5000 0.2500 0.0000 0.0000 0.0045 17153126 7.1250 0.2500 0.0000 0.0000 0.0045 17153127 6.8750 0.2500 0.0000 0.0000 0.0045 17153128 6.5000 0.2500 0.0000 0.0000 0.0045 17153129 6.3750 0.2500 0.0000 0.0000 0.0045 17153130 6.1250 0.2500 0.0000 0.0000 0.0045 17153131 6.7500 0.2500 0.0000 0.0000 0.0045 17153132 6.5000 0.2500 0.0000 0.0000 0.0045 17153134 6.3750 0.2500 0.0000 0.0000 0.0045 17153135 6.7500 0.2500 0.0000 0.0000 0.0045 17153136 6.2500 0.2500 0.0000 0.0000 0.0045 17153137 7.5000 0.2500 0.0000 0.0000 0.0045 17153138 7.7500 0.2500 0.0000 0.0000 0.0045 17153139 6.7500 0.2500 0.0000 0.0000 0.0045 17153140 6.5000 0.2500 0.0000 0.0000 0.0045 17153141 6.8750 0.2500 0.0000 0.0000 0.0045 17153142 6.2500 0.2500 0.0000 0.0000 0.0045 17153143 6.0000 0.2500 0.0000 0.0000 0.0045 17153145 7.3750 0.2500 0.0000 0.0000 0.0045 17153146 6.8750 0.2500 0.0000 0.0000 0.0045 17153147 6.3750 0.2500 0.0000 0.0000 0.0045 17153148 6.5000 0.2500 0.0000 0.0000 0.0045 17153149 6.3750 0.2500 0.0000 0.0000 0.0045 17153150 5.7500 0.2500 0.0000 0.0000 0.0045 17153151 6.5000 0.2500 0.0000 0.0000 0.0045 17153152 6.3750 0.2500 0.0000 0.0000 0.0045 17153153 6.5000 0.2500 0.0000 0.0000 0.0045 17153154 6.1250 0.2500 0.0000 0.0000 0.0045 17153156 6.3750 0.2500 0.0000 0.0000 0.0045 17153157 6.5000 0.2500 0.0000 0.0000 0.0045 17153158 6.2500 0.2500 0.0000 0.0000 0.0045 17153159 6.3750 0.2500 0.0000 0.0000 0.0045 17153160 6.7500 0.2500 0.0000 0.0000 0.0045 17153161 6.0000 0.2500 0.0000 0.0000 0.0045 17153162 6.5000 0.2500 0.0000 0.0000 0.0045 17153164 6.6250 0.2500 0.0000 0.0000 0.0045 17153165 6.2500 0.2500 0.0000 0.0000 0.0045 17153166 6.5000 0.2500 0.0000 0.0000 0.0045 17153167 6.5000 0.2500 0.0000 0.0000 0.0045 17153168 6.6250 0.2500 0.0000 0.0000 0.0045 17153170 6.0000 0.2500 0.0000 0.0000 0.0045 17153171 6.6250 0.2500 0.0000 0.0000 0.0045 17153172 6.7500 0.2500 0.0000 0.0000 0.0045 17153173 7.6250 0.2500 0.0000 0.0000 0.0045 17153174 6.7500 0.2500 0.0000 0.0000 0.0045 17153175 6.2500 0.2500 0.0000 0.0000 0.0045 17153176 6.6250 0.2500 0.0000 0.0000 0.0045 17153177 6.5000 0.2500 0.0000 0.0000 0.0045 17153179 6.0000 0.2500 0.0000 0.0000 0.0045 17153180 6.1250 0.2500 0.0000 0.0000 0.0045 17153181 6.6250 0.2500 0.0000 0.0000 0.0045 17153182 6.3750 0.2500 0.0000 0.0000 0.0045 17153183 6.5000 0.2500 0.0000 0.0000 0.0045 17153184 7.2500 0.2500 0.0000 0.0000 0.0045 17153186 6.6250 0.2500 0.0000 0.0000 0.0045 17153187 7.0000 0.2500 0.0000 0.0000 0.0045 17153188 6.0000 0.2500 0.0000 0.0000 0.0045 17153189 6.3750 0.2500 0.0000 0.0000 0.0045 17153190 6.1250 0.2500 0.0000 0.0000 0.0045 17153191 6.7500 0.2500 0.0000 0.0000 0.0045 17153192 6.3750 0.2500 0.0000 0.0000 0.0045 17153193 6.1250 0.2500 0.0000 0.0000 0.0045 17153194 6.3750 0.2500 0.0000 0.0000 0.0045 17153195 6.7500 0.2500 0.0000 0.0000 0.0045 17153196 6.7500 0.2500 0.0000 0.0000 0.0045 17153199 6.8750 0.2500 0.0000 0.0000 0.0045 17153200 6.2500 0.2500 0.0000 0.0000 0.0045 17153201 6.0000 0.2500 0.0000 0.0000 0.0045 17153202 6.0000 0.2500 0.0000 0.0000 0.0045 17153322 6.2500 0.2500 0.0000 0.0000 0.0045 17153323 7.0000 0.2500 0.0000 0.0000 0.0045 17153324 5.8750 0.2500 0.0000 0.0000 0.0045 17153326 6.7500 0.2500 0.0000 0.0000 0.0045 17153327 6.7500 0.2500 0.0000 0.0000 0.0045 17153328 6.7500 0.2500 0.0000 0.0000 0.0045 17153329 6.7500 0.2500 0.0000 0.0000 0.0045 17153330 6.2500 0.2500 0.0000 0.0000 0.0045 17153332 6.6250 0.2500 0.0000 0.0000 0.0045 17153333 6.8750 0.2500 0.0000 0.0000 0.0045 17153334 6.2500 0.2500 0.0000 0.0000 0.0045 17153335 6.5000 0.2500 0.0000 0.0000 0.0045 17153336 6.3750 0.2500 0.0000 0.0000 0.0045 17153337 6.3750 0.2500 0.0000 0.0000 0.0045 17153338 6.3750 0.2500 0.0000 0.0000 0.0045 17153339 6.5000 0.2500 0.0000 0.0000 0.0045 17153340 6.6250 0.2500 0.0000 0.0000 0.0045 17153341 7.1250 0.2500 0.0000 0.0000 0.0045 17153342 6.3750 0.2500 0.0000 0.0000 0.0045 17153343 6.6250 0.2500 0.0000 0.0000 0.0045 17153345 6.2500 0.2500 0.0000 0.0000 0.0045 17153346 6.8750 0.2500 0.0000 0.0000 0.0045 17153347 6.7500 0.2500 0.0000 0.0000 0.0045 17153348 6.5000 0.2500 0.0000 0.0000 0.0045 17153349 6.3750 0.2500 0.0000 0.0000 0.0045 17153350 7.5000 0.2500 0.0000 0.0000 0.0045 17153351 6.5000 0.2500 0.0000 0.0000 0.0045 17153352 6.5000 0.2500 0.0000 0.0000 0.0045 17153353 6.3750 0.2500 0.0000 0.0000 0.0045 17153354 7.0000 0.2500 0.0000 0.0000 0.0045 17153355 8.0000 0.2500 0.0000 0.0000 0.0045 17153356 6.5000 0.2500 0.0000 0.0000 0.0045 17153357 6.3750 0.2500 0.0000 0.0000 0.0045 17153358 6.7500 0.2500 0.0000 0.0000 0.0045 17153359 6.6250 0.2500 0.0000 0.0000 0.0045 17153360 7.0000 0.2500 0.0000 0.0000 0.0045 17153361 6.5000 0.2500 0.0000 0.0000 0.0045 17153362 6.3750 0.2500 0.0000 0.0000 0.0045 17153363 6.8750 0.2500 0.0000 0.0000 0.0045 17153364 6.5000 0.2500 0.0000 0.0000 0.0045 17153365 6.6250 0.2500 0.0000 0.0000 0.0045 17153366 6.3750 0.2500 0.0000 0.0000 0.0045 17153367 6.6250 0.2500 0.0000 0.0000 0.0045 17153369 6.6250 0.2500 0.0000 0.0000 0.0045 17153370 6.8750 0.2500 0.0000 0.0000 0.0045 17153371 6.7500 0.2500 0.0000 0.0000 0.0045 17153372 6.8750 0.2500 0.0000 0.0000 0.0045 17153373 6.1250 0.2500 0.0000 0.0000 0.0045 17153374 5.5000 0.2500 0.0000 0.0000 0.0045 17153375 6.3750 0.2500 0.0000 0.0000 0.0045 17153376 6.7500 0.2500 0.0000 0.0000 0.0045 17153377 6.5000 0.2500 0.0000 0.0000 0.0045 17153378 6.0000 0.2500 0.0000 0.0000 0.0045 17153379 6.0000 0.2500 0.0000 0.0000 0.0045 17153380 6.8750 0.2500 0.0000 0.0000 0.0045 17153381 6.2500 0.2500 0.0000 0.0000 0.0045 17153382 6.0000 0.2500 0.0000 0.0000 0.0045 17153383 6.6250 0.2500 0.0000 0.0000 0.0045 17153384 7.0000 0.2500 0.0000 0.0000 0.0045 17153385 6.8750 0.2500 0.0000 0.0000 0.0045 17153386 6.5000 0.2500 0.0000 0.0000 0.0045 17153387 7.5000 0.2500 0.0000 0.0000 0.0045 17153388 6.3750 0.2500 0.0000 0.0000 0.0045 17153389 7.3750 0.2500 0.0000 0.0000 0.0045 17153390 6.8750 0.2500 0.0000 0.0000 0.0045 17153391 7.0000 0.2500 0.0000 0.0000 0.0045 17153392 6.1250 0.2500 0.0000 0.0000 0.0045 17153393 6.5000 0.2500 0.0000 0.0000 0.0045 17153394 6.5000 0.2500 0.0000 0.0000 0.0045 17153395 6.1250 0.2500 0.0000 0.0000 0.0045 17153396 6.0000 0.2500 0.0000 0.0000 0.0045 17153397 6.1250 0.2500 0.0000 0.0000 0.0045 17153398 6.2500 0.2500 0.0000 0.0000 0.0045 17153399 6.2500 0.2500 0.0000 0.0000 0.0045 17153400 6.1250 0.2500 0.0000 0.0000 0.0045 17153401 6.8750 0.2500 0.0000 0.0000 0.0045 17153402 6.8750 0.2500 0.0000 0.0000 0.0045 17153403 6.2500 0.2500 0.0000 0.0000 0.0045 17153405 6.6250 0.2500 0.0000 0.0000 0.0045 17153406 6.6250 0.2500 0.0000 0.0000 0.0045 17153407 6.3750 0.2500 0.0000 0.0000 0.0045 17153408 6.3750 0.2500 0.0000 0.0000 0.0045 17153409 6.3750 0.2500 0.0000 0.0000 0.0045 17153410 6.3750 0.2500 0.0000 0.0000 0.0045 17153411 7.0000 0.2500 0.0000 0.0000 0.0045 17153412 6.6250 0.2500 0.0000 0.0000 0.0045 17153414 7.2500 0.2500 0.0000 0.0000 0.0045 17153210 6.5000 0.2500 0.0000 0.0000 0.0045 17153211 7.5000 0.2500 0.0000 0.0000 0.0045 17153212 7.2500 0.2500 0.0000 0.0000 0.0045 17153214 6.1250 0.2500 0.0000 0.0000 0.0045 17153215 6.3750 0.2500 0.0000 0.0000 0.0045 17153216 6.5000 0.2500 0.0000 0.0000 0.0045 17153217 6.1250 0.2500 0.0000 0.0000 0.0045 17153218 7.1250 0.2500 0.0000 0.0000 0.0045 17153219 7.0000 0.2500 0.0000 0.0000 0.0045 17153220 7.0000 0.2500 0.0000 0.0000 0.0045 17153221 6.0000 0.2500 0.0000 0.0000 0.0045 17153222 6.1250 0.2500 0.0000 0.0000 0.0045 17153223 6.5000 0.2500 0.0000 0.0000 0.0045 17153224 7.2500 0.2500 0.0000 0.0000 0.0045 17153225 6.2500 0.2500 0.0000 0.0000 0.0045 17153226 6.6250 0.2500 0.0000 0.0000 0.0045 17153227 6.3750 0.2500 0.0000 0.0000 0.0045 17153228 7.2500 0.2500 0.0000 0.0000 0.0045 17153229 6.8750 0.2500 0.0000 0.0000 0.0045 17153230 6.5000 0.2500 0.0000 0.0000 0.0045 17153231 6.3750 0.2500 0.0000 0.0000 0.0045 17153232 6.3750 0.2500 0.0000 0.0000 0.0045 17153233 6.6250 0.2500 0.0000 0.0000 0.0045 17153234 6.0000 0.2500 0.0000 0.0000 0.0045 17153235 7.7500 0.2500 0.0000 0.0000 0.0045 17153236 6.5000 0.2500 0.0000 0.0000 0.0045 17153237 6.0000 0.2500 0.0000 0.0000 0.0045 17153239 6.3750 0.2500 0.0000 0.0000 0.0045 17153240 6.2500 0.2500 0.0000 0.0000 0.0045 17153244 6.8750 0.2500 0.0000 0.0000 0.0045 17153245 6.6250 0.2500 0.0000 0.0000 0.0045 17153247 6.2500 0.2500 0.0000 0.0000 0.0045 17153249 6.3750 0.2500 0.0000 0.0000 0.0045 17153250 6.5000 0.2500 0.0000 0.0000 0.0045 17153251 6.6250 0.2500 0.0000 0.0000 0.0045 17153252 7.2500 0.2500 0.0000 0.0000 0.0045 17153253 6.3750 0.2500 0.0000 0.0000 0.0045 17153254 7.5000 0.2500 0.0000 0.0000 0.0045 17153255 5.5000 0.2500 0.0000 0.0000 0.0045 17153256 7.3750 0.2500 0.0000 0.0000 0.0045 17153257 6.1250 0.2500 0.0000 0.0000 0.0045 17153258 6.5000 0.2500 0.0000 0.0000 0.0045 17153259 6.1250 0.2500 0.0000 0.0000 0.0045 17153260 6.6250 0.2500 0.0000 0.0000 0.0045 17153261 6.0000 0.2500 0.0000 0.0000 0.0045 17153262 7.5000 0.2500 0.0000 0.0000 0.0045 17153263 6.8750 0.2500 0.0000 0.0000 0.0045 17153264 6.2500 0.2500 0.0000 0.0000 0.0045 17153267 6.5000 0.2500 0.0000 0.0000 0.0045 17153268 6.5000 0.2500 0.0000 0.0000 0.0045 17153269 6.2500 0.2500 0.0000 0.0000 0.0045 17153270 6.1250 0.2500 0.0000 0.0000 0.0045 17153272 6.3750 0.2500 0.0000 0.0000 0.0045 17153274 6.3750 0.2500 0.0000 0.0000 0.0045 17153275 6.3750 0.2500 0.0000 0.0000 0.0045 17153276 6.7500 0.2500 0.0000 0.0000 0.0045 17153277 6.6250 0.2500 0.0000 0.0000 0.0045 17153278 6.8750 0.2500 0.0000 0.0000 0.0045 17153279 7.5000 0.2500 0.0000 0.0000 0.0045 17153280 6.2500 0.2500 0.0000 0.0000 0.0045 17153281 5.6250 0.2500 0.0000 0.0000 0.0045 17153282 6.6250 0.2500 0.0000 0.0000 0.0045 17153283 7.1250 0.2500 0.0000 0.0000 0.0045 17153284 6.2500 0.2500 0.0000 0.0000 0.0045 17153285 6.6250 0.2500 0.0000 0.0000 0.0045 17153286 6.8750 0.2500 0.0000 0.0000 0.0045 17153287 6.6250 0.2500 0.0000 0.0000 0.0045 17153288 6.2500 0.2500 0.0000 0.0000 0.0045 17153289 6.3750 0.2500 0.0000 0.0000 0.0045 17153291 6.2500 0.2500 0.0000 0.0000 0.0045 17153292 6.2500 0.2500 0.0000 0.0000 0.0045 17153293 6.2500 0.2500 0.0000 0.0000 0.0045 17153294 5.6250 0.2500 0.0000 0.0000 0.0045 17153295 6.5000 0.2500 0.0000 0.0000 0.0045 17153296 7.0000 0.2500 0.0000 0.0000 0.0045 17153297 6.8750 0.2500 0.0000 0.0000 0.0045 17153298 7.0000 0.2500 0.0000 0.0000 0.0045 17153299 6.7500 0.2500 0.0000 0.0000 0.0045 17153300 6.3750 0.2500 0.0000 0.0000 0.0045 17153301 7.0000 0.2500 0.0000 0.0000 0.0045 17153302 6.3750 0.2500 0.0000 0.0000 0.0045 17153303 6.7500 0.2500 0.0000 0.0000 0.0045 17153304 6.3750 0.2500 0.0000 0.0000 0.0045 17153305 6.1250 0.2500 0.0000 0.0000 0.0045 17153306 6.5000 0.2500 0.0000 0.0000 0.0045 17153307 7.2500 0.2500 0.0000 0.0000 0.0045 17153308 6.7500 0.2500 0.0000 0.0000 0.0045 17153310 5.8750 0.2500 0.0000 0.0000 0.0045 17153311 6.7500 0.2500 0.0000 0.0000 0.0045 17153312 6.5000 0.2500 0.0000 0.0000 0.0045 17153313 7.6250 0.2500 0.0000 0.0000 0.0045 17153314 6.5000 0.2500 0.0000 0.0000 0.0045 17153316 6.8750 0.2500 0.0000 0.0000 0.0045 17153317 6.6250 0.2500 0.0000 0.0000 0.0045 17153318 6.2500 0.2500 0.0000 0.0000 0.0045 17153319 6.8750 0.2500 0.0000 0.0000 0.0045 17153320 6.7500 0.2500 0.0000 0.0000 0.0045 17153321 6.3750 0.2500 0.0000 0.0000 0.0045 17153203 6.7500 0.2500 0.0000 0.0000 0.0045 17153204 6.8750 0.2500 0.0000 0.0000 0.0045 17153205 6.1250 0.2500 0.0000 0.0000 0.0045 17153206 7.3750 0.2500 0.0000 0.0000 0.0045 17153207 6.8750 0.2500 0.0000 0.0000 0.0045 17153208 6.2500 0.2500 0.0000 0.0000 0.0045 16846361 5.8750 0.2500 0.0000 0.0000 0.0045 17153912 6.6250 0.2500 0.0000 0.0000 0.0045 17153913 6.6250 0.2500 0.0000 0.0000 0.0045 17153914 6.6250 0.2500 0.0000 0.0000 0.0045 17153915 6.6250 0.2500 0.0000 0.0000 0.0045 17153916 7.1250 0.2500 0.0000 0.0000 0.0045 17153917 6.2500 0.2500 0.0000 0.0000 0.0045 17153918 6.5000 0.2500 0.0000 0.0000 0.0045 17153919 6.7500 0.2500 0.0000 0.0000 0.0045 17153920 6.8750 0.2500 0.0000 0.0000 0.0045 17153921 6.6250 0.2500 0.0000 0.0000 0.0045 17153922 6.8750 0.2500 0.0000 0.0000 0.0045 17153923 6.7500 0.2500 0.0000 0.0000 0.0045 17153924 6.3750 0.2500 0.0000 0.0000 0.0045 17153925 6.5000 0.2500 0.0000 0.0000 0.0045 17153926 6.8750 0.2500 0.0000 0.0000 0.0045 17153928 6.0000 0.2500 0.0000 0.0000 0.0045 17153929 5.8750 0.2500 0.0000 0.0000 0.0045 17153930 6.5000 0.2500 0.0000 0.0000 0.0045 17153931 6.5000 0.2500 0.0000 0.0000 0.0045 17153932 6.5000 0.2500 0.0000 0.0000 0.0045 17153933 6.6250 0.2500 0.0000 0.0000 0.0045 17153934 6.5000 0.2500 0.0000 0.0000 0.0045 17153935 6.3750 0.2500 0.0000 0.0000 0.0045 17153936 6.3750 0.2500 0.0000 0.0000 0.0045 17153937 6.3750 0.2500 0.0000 0.0000 0.0045 17153938 6.3750 0.2500 0.0000 0.0000 0.0045 17153939 6.6250 0.2500 0.0000 0.0000 0.0045 17153940 6.7500 0.2500 0.0000 0.0000 0.0045 17153941 6.5000 0.2500 0.0000 0.0000 0.0045 17153942 6.6250 0.2500 0.0000 0.0000 0.0045 17153943 6.6250 0.2500 0.0000 0.0000 0.0045 17153944 6.3750 0.2500 0.0000 0.0000 0.0045 17153945 6.6250 0.2500 0.0000 0.0000 0.0045 17153946 6.8750 0.2500 0.0000 0.0000 0.0045 17153947 6.2500 0.2500 0.0000 0.0000 0.0045 17153948 6.2500 0.2500 0.0000 0.0000 0.0045 17153950 6.2500 0.2500 0.0000 0.0000 0.0045 17153951 6.7500 0.2500 0.0000 0.0000 0.0045 17153952 6.5000 0.2500 0.0000 0.0000 0.0045 17153953 6.8750 0.2500 0.0000 0.0000 0.0045 17153954 6.2500 0.2500 0.0000 0.0000 0.0045 17153955 6.7500 0.2500 0.0000 0.0000 0.0045 17153956 6.7500 0.2500 0.0000 0.0000 0.0045 17153957 6.7500 0.2500 0.0000 0.0000 0.0045 17153958 6.6250 0.2500 0.0000 0.0000 0.0045 17153959 6.5000 0.2500 0.0000 0.0000 0.0045 17153960 6.5000 0.2500 0.0000 0.0000 0.0045 17153961 7.3750 0.2500 0.0000 0.0000 0.0045 17153962 6.5000 0.2500 0.0000 0.0000 0.0045 17153963 7.0000 0.2500 0.0000 0.0000 0.0045 17153964 6.5000 0.2500 0.0000 0.0000 0.0045 17153965 6.5000 0.2500 0.0000 0.0000 0.0045 17153966 7.0000 0.2500 0.0000 0.0000 0.0045 17153968 6.3750 0.2500 0.0000 0.0000 0.0045 17153969 6.8750 0.2500 0.0000 0.0000 0.0045 17153970 7.1250 0.2500 0.0000 0.0000 0.0045 17153971 7.0000 0.2500 0.0000 0.0000 0.0045 17153972 6.8750 0.2500 0.0000 0.0000 0.0045 17153973 6.5000 0.2500 0.0000 0.0000 0.0045 17153974 7.2500 0.2500 0.0000 0.0000 0.0045 17153975 6.5000 0.2500 0.0000 0.0000 0.0045 17153976 6.5000 0.2500 0.0000 0.0000 0.0045 17153977 6.6250 0.2500 0.0000 0.0000 0.0045 17153978 7.1250 0.2500 0.0000 0.0000 0.0045 17153979 6.8750 0.2500 0.0000 0.0000 0.0045 17153980 7.2500 0.2500 0.0000 0.0000 0.0045 17153981 7.0000 0.2500 0.0000 0.0000 0.0045 17153982 6.8750 0.2500 0.0000 0.0000 0.0045 17153983 6.6250 0.2500 0.0000 0.0000 0.0045 17153984 6.5000 0.2500 0.0000 0.0000 0.0045 17153985 6.8750 0.2500 0.0000 0.0000 0.0045 17153986 6.7500 0.2500 0.0000 0.0000 0.0045 17153987 6.7500 0.2500 0.0000 0.0000 0.0045 17153988 7.0000 0.2500 0.0000 0.0000 0.0045 17153989 6.8750 0.2500 0.0000 0.0000 0.0045 17153990 7.1250 0.2500 0.0000 0.0000 0.0045 17153991 6.6250 0.2500 0.0000 0.0000 0.0045 17153992 6.8750 0.2500 0.0000 0.0000 0.0045 17153993 7.2500 0.2500 0.0000 0.0000 0.0045 17153994 6.8750 0.2500 0.0000 0.0000 0.0045 17153995 6.5000 0.2500 0.0000 0.0000 0.0045 17153996 6.7500 0.2500 0.0000 0.0000 0.0045 17153997 6.5000 0.2500 0.0000 0.0000 0.0045 17153998 6.7500 0.2500 0.0000 0.0000 0.0045 17153999 7.1250 0.2500 0.0000 0.0000 0.0045 17154000 6.5000 0.2500 0.0000 0.0000 0.0045 17154001 6.8750 0.2500 0.0000 0.0000 0.0045 17154002 6.8750 0.2500 0.0000 0.0000 0.0045 17154003 6.6250 0.2500 0.0000 0.0000 0.0045 17154004 6.2500 0.2500 0.0000 0.0000 0.0045 17154005 6.0000 0.2500 0.0000 0.0000 0.0045 17154007 7.1250 0.2500 0.0000 0.0000 0.0045 17154009 6.7500 0.2500 0.0000 0.0000 0.0045 17154010 6.8750 0.2500 0.0000 0.0000 0.0045 17154011 6.7500 0.2500 0.0000 0.0000 0.0045 17154012 6.8750 0.2500 0.0000 0.0000 0.0045 17154014 6.5000 0.2500 0.0000 0.0000 0.0045 17154015 6.3750 0.2500 0.0000 0.0000 0.0045 17154016 7.2500 0.2500 0.0000 0.0000 0.0045 17154017 6.3750 0.2500 0.0000 0.0000 0.0045 17154018 6.6250 0.2500 0.0000 0.0000 0.0045 17154019 7.0000 0.2500 0.0000 0.0000 0.0045 17154020 7.2500 0.2500 0.0000 0.0000 0.0045 17154021 6.7500 0.2500 0.0000 0.0000 0.0045 17154022 6.7500 0.2500 0.0000 0.0000 0.0045 17154023 4.8750 0.2500 0.0000 0.0000 0.0045 17154024 4.8750 0.2500 0.0000 0.0000 0.0045 17154025 6.6250 0.2500 0.0000 0.0000 0.0045 17154026 6.6250 0.2500 0.0000 0.0000 0.0045 17154027 7.0000 0.2500 0.0000 0.0000 0.0045 17154028 6.5000 0.2500 0.0000 0.0000 0.0045 17154029 6.6250 0.2500 0.0000 0.0000 0.0045 17154030 6.8750 0.2500 0.0000 0.0000 0.0045 17154032 6.6250 0.2500 0.0000 0.0000 0.0045 17154033 6.5000 0.2500 0.0000 0.0000 0.0045 17154034 6.3750 0.2500 0.0000 0.0000 0.0045 17154035 7.3750 0.2500 0.0000 0.0000 0.0045 17154036 6.3750 0.2500 0.0000 0.0000 0.0045 17154037 7.2500 0.2500 0.0000 0.0000 0.0045 17154038 6.8750 0.2500 0.0000 0.0000 0.0045 17154039 6.8750 0.2500 0.0000 0.0000 0.0045 17154040 6.8750 0.2500 0.0000 0.0000 0.0045 17154041 6.2500 0.2500 0.0000 0.0000 0.0045 17154042 6.6250 0.2500 0.0000 0.0000 0.0045 17154043 7.0000 0.2500 0.0000 0.0000 0.0045 17154044 6.8750 0.2500 0.0000 0.0000 0.0045 17154045 6.8750 0.2500 0.0000 0.0000 0.0045 17154046 6.7500 0.2500 0.0000 0.0000 0.0045 17154047 7.2500 0.2500 0.0000 0.0000 0.0045 17154048 6.7500 0.2500 0.0000 0.0000 0.0045 17154050 7.3750 0.2500 0.0000 0.0000 0.0045 17154051 6.2500 0.2500 0.0000 0.0000 0.0045 17154052 7.0000 0.2500 0.0000 0.0000 0.0045 17154053 6.6250 0.2500 0.0000 0.0000 0.0045 17154054 7.2500 0.2500 0.0000 0.0000 0.0045 17154055 6.8750 0.2500 0.0000 0.0000 0.0045 17154056 6.3750 0.2500 0.0000 0.0000 0.0045 17154057 7.0000 0.2500 0.0000 0.0000 0.0045 17154058 6.8750 0.2500 0.0000 0.0000 0.0045 17154059 6.7500 0.2500 0.0000 0.0000 0.0045 17154060 6.7500 0.2500 0.0000 0.0000 0.0045 17154061 6.5000 0.2500 0.0000 0.0000 0.0045 17154062 6.6250 0.2500 0.0000 0.0000 0.0045 17154063 7.2500 0.2500 0.0000 0.0000 0.0045 17154064 7.0000 0.2500 0.0000 0.0000 0.0045 17154065 7.0000 0.2500 0.0000 0.0000 0.0045 17154066 7.1250 0.2500 0.0000 0.0000 0.0045 17154067 6.6250 0.2500 0.0000 0.0000 0.0045 17154068 6.8750 0.2500 0.0000 0.0000 0.0045 17154069 6.8750 0.2500 0.0000 0.0000 0.0045 17154070 6.8750 0.2500 0.0000 0.0000 0.0045 17154072 6.7500 0.2500 0.0000 0.0000 0.0045 17154074 6.7500 0.2500 0.0000 0.0000 0.0045 17154075 6.6250 0.2500 0.0000 0.0000 0.0045 17154076 6.2500 0.2500 0.0000 0.0000 0.0045 17154077 7.0000 0.2500 0.0000 0.0000 0.0045 17154078 7.1250 0.2500 0.0000 0.0000 0.0045 17154081 6.8750 0.2500 0.0000 0.0000 0.0045 17154082 6.8750 0.2500 0.0000 0.0000 0.0045 17154083 6.3750 0.2500 0.0000 0.0000 0.0045 17154084 7.1250 0.2500 0.0000 0.0000 0.0045 17154085 7.1250 0.2500 0.0000 0.0000 0.0045 17154086 7.0000 0.2500 0.0000 0.0000 0.0045 17154087 6.3750 0.2500 0.0000 0.0000 0.0045 17154088 6.6250 0.2500 0.0000 0.0000 0.0045 17154089 6.7500 0.2500 0.0000 0.0000 0.0045 17154090 6.0000 0.2500 0.0000 0.0000 0.0045 17154091 6.7500 0.2500 0.0000 0.0000 0.0045 17154092 6.5000 0.2500 0.0000 0.0000 0.0045 17154093 6.6250 0.2500 0.0000 0.0000 0.0045 17154094 7.0000 0.2500 0.0000 0.0000 0.0045 17154095 6.5000 0.2500 0.0000 0.0000 0.0045 17154097 7.2500 0.2500 0.0000 0.0000 0.0045 17154098 6.8750 0.2500 0.0000 0.0000 0.0045 17153770 6.7500 0.2500 0.0000 0.0000 0.0045 17153771 6.8750 0.2500 0.0000 0.0000 0.0045 17153772 6.7500 0.2500 0.0000 0.0000 0.0045 17153773 6.5000 0.2500 0.0000 0.0000 0.0045 17153774 6.3750 0.2500 0.0000 0.0000 0.0045 17153775 6.5000 0.2500 0.0000 0.0000 0.0045 17153776 6.8750 0.2500 0.0000 0.0000 0.0045 17153777 6.0000 0.2500 0.0000 0.0000 0.0045 17153779 6.5000 0.2500 0.0000 0.0000 0.0045 17153781 6.6250 0.2500 0.0000 0.0000 0.0045 17153782 6.5000 0.2500 0.0000 0.0000 0.0045 17153783 6.6250 0.2500 0.0000 0.0000 0.0045 17153784 6.6250 0.2500 0.0000 0.0000 0.0045 17153785 6.7500 0.2500 0.0000 0.0000 0.0045 17153786 7.0000 0.2500 0.0000 0.0000 0.0045 17153787 6.7500 0.2500 0.0000 0.0000 0.0045 17153788 7.0000 0.2500 0.0000 0.0000 0.0045 17153789 6.6250 0.2500 0.0000 0.0000 0.0045 17153790 7.0000 0.2500 0.0000 0.0000 0.0045 17153792 6.7500 0.2500 0.0000 0.0000 0.0045 17153793 6.8750 0.2500 0.0000 0.0000 0.0045 17153794 6.8750 0.2500 0.0000 0.0000 0.0045 17153795 6.8750 0.2500 0.0000 0.0000 0.0045 17153796 6.5000 0.2500 0.0000 0.0000 0.0045 17153797 6.7500 0.2500 0.0000 0.0000 0.0045 17153798 6.6250 0.2500 0.0000 0.0000 0.0045 17153799 7.2500 0.2500 0.0000 0.0000 0.0045 17153800 7.1250 0.2500 0.0000 0.0000 0.0045 17153801 6.6250 0.2500 0.0000 0.0000 0.0045 17153802 6.6250 0.2500 0.0000 0.0000 0.0045 17153803 7.2500 0.2500 0.0000 0.0000 0.0045 17153804 7.0000 0.2500 0.0000 0.0000 0.0045 17153805 5.8750 0.2500 0.0000 0.0000 0.0045 17153806 6.3750 0.2500 0.0000 0.0000 0.0045 17153807 6.8750 0.2500 0.0000 0.0000 0.0045 17153808 6.7500 0.2500 0.0000 0.0000 0.0045 17153809 6.7500 0.2500 0.0000 0.0000 0.0045 17153810 6.6250 0.2500 0.0000 0.0000 0.0045 17153811 7.0000 0.2500 0.0000 0.0000 0.0045 17153812 6.3750 0.2500 0.0000 0.0000 0.0045 17153813 6.7500 0.2500 0.0000 0.0000 0.0045 17153814 7.1250 0.2500 0.0000 0.0000 0.0045 17153815 6.8750 0.2500 0.0000 0.0000 0.0045 17153816 6.8750 0.2500 0.0000 0.0000 0.0045 17153817 7.3750 0.2500 0.0000 0.0000 0.0045 17153818 6.6250 0.2500 0.0000 0.0000 0.0045 17153819 7.0000 0.2500 0.0000 0.0000 0.0045 17153820 6.8750 0.2500 0.0000 0.0000 0.0045 17153822 6.8750 0.2500 0.0000 0.0000 0.0045 17153823 6.7500 0.2500 0.0000 0.0000 0.0045 17153824 7.2500 0.2500 0.0000 0.0000 0.0045 17153825 6.2500 0.2500 0.0000 0.0000 0.0045 17153826 6.7500 0.2500 0.0000 0.0000 0.0045 17153827 7.1250 0.2500 0.0000 0.0000 0.0045 17153828 7.0000 0.2500 0.0000 0.0000 0.0045 17153829 6.8750 0.2500 0.0000 0.0000 0.0045 17153831 6.8750 0.2500 0.0000 0.0000 0.0045 17153832 6.8750 0.2500 0.0000 0.0000 0.0045 17153833 7.2500 0.2500 0.0000 0.0000 0.0045 17153834 6.8750 0.2500 0.0000 0.0000 0.0045 17153835 7.0000 0.2500 0.0000 0.0000 0.0045 17153836 7.0000 0.2500 0.0000 0.0000 0.0045 17153837 7.0000 0.2500 0.0000 0.0000 0.0045 17153838 7.0000 0.2500 0.0000 0.0000 0.0045 17153839 7.2500 0.2500 0.0000 0.0000 0.0045 17153840 7.1250 0.2500 0.0000 0.0000 0.0045 17153841 6.8750 0.2500 0.0000 0.0000 0.0045 17153843 6.6250 0.2500 0.0000 0.0000 0.0045 17153844 6.8750 0.2500 0.0000 0.0000 0.0045 17153845 6.8750 0.2500 0.0000 0.0000 0.0045 17153846 7.0000 0.2500 0.0000 0.0000 0.0045 17153848 7.0000 0.2500 0.0000 0.0000 0.0045 17153849 6.1250 0.2500 0.0000 0.0000 0.0045 17153850 6.7500 0.2500 0.0000 0.0000 0.0045 17153851 6.5000 0.2500 0.0000 0.0000 0.0045 17153852 7.1250 0.2500 0.0000 0.0000 0.0045 17153853 6.6250 0.2500 0.0000 0.0000 0.0045 17153854 6.5000 0.2500 0.0000 0.0000 0.0045 17153855 7.2500 0.2500 0.0000 0.0000 0.0045 17153856 6.8750 0.2500 0.0000 0.0000 0.0045 17153857 5.8750 0.2500 0.0000 0.0000 0.0045 17153858 6.7500 0.2500 0.0000 0.0000 0.0045 17153859 6.7500 0.2500 0.0000 0.0000 0.0045 17153860 6.6250 0.2500 0.0000 0.0000 0.0045 17153861 6.8750 0.2500 0.0000 0.0000 0.0045 17153862 6.3750 0.2500 0.0000 0.0000 0.0045 17153863 6.8750 0.2500 0.0000 0.0000 0.0045 17153864 6.5000 0.2500 0.0000 0.0000 0.0045 17153865 6.2500 0.2500 0.0000 0.0000 0.0045 17153866 6.8750 0.2500 0.0000 0.0000 0.0045 17153867 7.1250 0.2500 0.0000 0.0000 0.0045 17153868 6.5000 0.2500 0.0000 0.0000 0.0045 17153869 7.2500 0.2500 0.0000 0.0000 0.0045 17153870 7.1250 0.2500 0.0000 0.0000 0.0045 17153871 7.0000 0.2500 0.0000 0.0000 0.0045 17153872 7.1250 0.2500 0.0000 0.0000 0.0045 17153874 6.5000 0.2500 0.0000 0.0000 0.0045 17153875 6.7500 0.2500 0.0000 0.0000 0.0045 17153876 6.7500 0.2500 0.0000 0.0000 0.0045 17153878 7.0000 0.2500 0.0000 0.0000 0.0045 17153879 6.3750 0.2500 0.0000 0.0000 0.0045 17153880 6.8750 0.2500 0.0000 0.0000 0.0045 17153881 6.8750 0.2500 0.0000 0.0000 0.0045 17153882 7.0000 0.2500 0.0000 0.0000 0.0045 17153883 6.6250 0.2500 0.0000 0.0000 0.0045 17153884 6.3750 0.2500 0.0000 0.0000 0.0045 17153885 6.7500 0.2500 0.0000 0.0000 0.0045 17153886 6.6250 0.2500 0.0000 0.0000 0.0045 17153887 6.5000 0.2500 0.0000 0.0000 0.0045 17153889 6.8750 0.2500 0.0000 0.0000 0.0045 17153890 6.6250 0.2500 0.0000 0.0000 0.0045 17153891 6.8750 0.2500 0.0000 0.0000 0.0045 17153892 6.6250 0.2500 0.0000 0.0000 0.0045 17153893 6.6250 0.2500 0.0000 0.0000 0.0045 17153894 6.6250 0.2500 0.0000 0.0000 0.0045 17153895 6.6250 0.2500 0.0000 0.0000 0.0045 17153896 6.6250 0.2500 0.0000 0.0000 0.0045 17153897 6.6250 0.2500 0.0000 0.0000 0.0045 17153898 6.6250 0.2500 0.0000 0.0000 0.0045 17153900 6.6250 0.2500 0.0000 0.0000 0.0045 17153901 6.6250 0.2500 0.0000 0.0000 0.0045 17153902 6.6250 0.2500 0.0000 0.0000 0.0045 17153903 6.6250 0.2500 0.0000 0.0000 0.0045 17153904 6.8750 0.2500 0.0000 0.0000 0.0045 17153905 6.7500 0.2500 0.0000 0.0000 0.0045 17153906 6.7500 0.2500 0.0000 0.0000 0.0045 17153907 7.0000 0.2500 0.0000 0.0000 0.0045 17153908 6.6250 0.2500 0.0000 0.0000 0.0045 17153910 6.8750 0.2500 0.0000 0.0000 0.0045 17153749 6.8750 0.2500 0.0000 0.0000 0.0045 17153750 6.2500 0.2500 0.0000 0.0000 0.0045 17153751 7.2500 0.2500 0.0000 0.0000 0.0045 17153752 6.3750 0.2500 0.0000 0.0000 0.0045 17153753 6.8750 0.2500 0.0000 0.0000 0.0045 17153754 7.0000 0.2500 0.0000 0.0000 0.0045 17153755 6.5000 0.2500 0.0000 0.0000 0.0045 17153757 6.5000 0.2500 0.0000 0.0000 0.0045 17153758 6.3750 0.2500 0.0000 0.0000 0.0045 17153759 6.7500 0.2500 0.0000 0.0000 0.0045 17153760 6.5000 0.2500 0.0000 0.0000 0.0045 17153762 7.0000 0.2500 0.0000 0.0000 0.0045 17153763 6.6250 0.2500 0.0000 0.0000 0.0045 17153764 6.8750 0.2500 0.0000 0.0000 0.0045 17153765 6.8750 0.2500 0.0000 0.0000 0.0045 17153766 6.7500 0.2500 0.0000 0.0000 0.0045 17153767 6.5000 0.2500 0.0000 0.0000 0.0045 17153768 6.0000 0.2500 0.0000 0.0000 0.0045 17153769 7.0000 0.2500 0.0000 0.0000 0.0045 17233046 6.5000 0.1750 0.0000 0.0000 0.0045 17233120 6.5000 0.1750 0.0000 0.0000 0.0045 17233040 6.2500 0.1750 0.0000 0.0000 0.0045 17233041 6.3750 0.1750 0.0000 0.0000 0.0045 17233123 6.0000 0.1750 0.0000 0.0000 0.0045 17233042 6.0000 0.1750 0.0000 0.0000 0.0045 17233124 6.3750 0.1750 0.0000 0.0000 0.0045 17233043 6.2500 0.1750 0.0000 0.0000 0.0045 17233125 6.2500 0.1750 0.0000 0.0000 0.0045 17233044 6.3750 0.1750 0.0000 0.0000 0.0045 17233045 6.5000 0.1750 0.0000 0.0000 0.0045 17233116 6.2500 0.1750 0.0000 0.0000 0.0045 17233036 6.5000 0.1750 0.0000 0.0000 0.0045 17233118 6.3750 0.1750 0.0000 0.0000 0.0045 17233119 6.7500 0.1750 0.0000 0.0000 0.0045 17233038 6.2500 0.1750 0.0000 0.0000 0.0045 17233039 6.0000 0.1750 0.0000 0.0000 0.0045 17233033 6.2500 0.1750 0.0000 0.0000 0.0045 17233115 7.1250 0.1750 0.0000 0.0000 0.0045 17233034 6.2500 0.1750 0.0000 0.0000 0.0045 17233467 6.3750 0.1750 0.0000 0.0000 0.0045 17233409 6.0000 0.1750 0.0000 0.0000 0.0045 17233110 6.0000 0.1750 0.0000 0.0000 0.0045 17233030 6.0000 0.1750 0.0000 0.0000 0.0045 17233113 6.0000 0.1750 0.0000 0.0000 0.0045 17233032 6.0000 0.1750 0.0000 0.0000 0.0045 17233114 6.2500 0.1750 0.0000 0.0000 0.0045 17233028 6.2500 0.1750 0.0000 0.0000 0.0045 17233029 6.2500 0.1750 0.0000 0.0000 0.0045 17233108 6.3750 0.1750 0.0000 0.0000 0.0045 17233109 6.2500 0.1750 0.0000 0.0000 0.0045 17247380 6.2500 0.1750 0.0000 0.0000 0.0045 17233000 6.0000 0.1750 0.0000 0.0000 0.0045 17233001 5.7500 0.1750 0.0000 0.0000 0.0045 17233002 6.0000 0.1750 0.0000 0.0000 0.0045 17233003 6.1250 0.1750 0.0000 0.0000 0.0045 17233004 6.1250 0.1750 0.0000 0.0000 0.0045 17233005 5.7500 0.1750 0.0000 0.0000 0.0045 17233006 5.0000 0.1750 0.0000 0.0000 0.0045 17233007 6.1250 0.1750 0.0000 0.0000 0.0045 17247291 6.0000 0.1750 0.0000 0.0000 0.0045 17247373 6.2500 0.1750 0.0000 0.0000 0.0045 17233008 6.1250 0.1750 0.0000 0.0000 0.0045 17233009 5.7500 0.1750 0.0000 0.0000 0.0045 17233010 6.1250 0.1750 0.0000 0.0000 0.0045 17233011 5.8750 0.1750 0.0000 0.0000 0.0045 17233013 5.8750 0.1750 0.0000 0.0000 0.0045 17233014 6.2500 0.1750 0.0000 0.0000 0.0045 17233015 5.8750 0.1750 0.0000 0.0000 0.0045 17233016 6.8750 0.1750 0.0000 0.0000 0.0045 17233017 6.1250 0.1750 0.0000 0.0000 0.0045 17233018 6.8750 0.1750 0.0000 0.0000 0.0045 17247293 6.5000 0.1750 0.0000 0.0000 0.0045 17247294 6.5000 0.1750 0.0000 0.0000 0.0045 17233100 6.1250 0.1750 0.0000 0.0000 0.0045 17233020 6.2500 0.1750 0.0000 0.0000 0.0045 17233101 5.7500 0.1750 0.0000 0.0000 0.0045 17233021 6.2500 0.1750 0.0000 0.0000 0.0045 17233102 6.6250 0.1750 0.0000 0.0000 0.0045 17233022 5.8750 0.1750 0.0000 0.0000 0.0045 17233023 6.1250 0.1750 0.0000 0.0000 0.0045 17233105 5.6250 0.1750 0.0000 0.0000 0.0045 17233024 5.8750 0.1750 0.0000 0.0000 0.0045 17233106 6.3750 0.1750 0.0000 0.0000 0.0045 17233025 6.3750 0.1750 0.0000 0.0000 0.0045 17233107 6.0000 0.1750 0.0000 0.0000 0.0045 17247371 6.7500 0.1750 0.0000 0.0000 0.0045 17247365 5.8750 0.1750 0.0000 0.0000 0.0045 17247287 5.5000 0.1750 0.0000 0.0000 0.0045 17247288 6.1250 0.1750 0.0000 0.0000 0.0045 17247289 6.3750 0.1750 0.0000 0.0000 0.0045 17247284 6.3750 0.1750 0.0000 0.0000 0.0045 17247258 6.0000 0.1750 0.0000 0.0000 0.0045 17247259 6.2500 0.1750 0.0000 0.0000 0.0045 17247340 6.3750 0.1750 0.0000 0.0000 0.0045 17247342 6.3750 0.1750 0.0000 0.0000 0.0045 17247346 6.1250 0.1750 0.0000 0.0000 0.0045 17247348 6.5000 0.1750 0.0000 0.0000 0.0045 17247351 6.1250 0.1750 0.0000 0.0000 0.0045 17247270 6.2500 0.1750 0.0000 0.0000 0.0045 17247353 6.2500 0.1750 0.0000 0.0000 0.0045 17247272 6.0000 0.1750 0.0000 0.0000 0.0045 17247355 6.1250 0.1750 0.0000 0.0000 0.0045 17247356 5.8750 0.1750 0.0000 0.0000 0.0045 17247277 6.2500 0.1750 0.0000 0.0000 0.0045 17247278 5.8750 0.1750 0.0000 0.0000 0.0045 17247362 6.3750 0.1750 0.0000 0.0000 0.0045 17247322 6.3750 0.1750 0.0000 0.0000 0.0045 17247324 6.3750 0.1750 0.0000 0.0000 0.0045 17247331 6.2500 0.1750 0.0000 0.0000 0.0045 17247251 6.5000 0.1750 0.0000 0.0000 0.0045 17247333 6.3750 0.1750 0.0000 0.0000 0.0045 17247252 6.3750 0.1750 0.0000 0.0000 0.0045 17247253 6.3750 0.1750 0.0000 0.0000 0.0045 17247255 6.3750 0.1750 0.0000 0.0000 0.0045 17247256 6.6250 0.1750 0.0000 0.0000 0.0045 17247327 6.0000 0.1750 0.0000 0.0000 0.0045 17247328 6.5000 0.1750 0.0000 0.0000 0.0045 17247248 6.1250 0.1750 0.0000 0.0000 0.0045 17247237 6.5000 0.1750 0.0000 0.0000 0.0045 17247228 6.3750 0.1750 0.0000 0.0000 0.0045 17247309 6.3750 0.1750 0.0000 0.0000 0.0045 17247310 6.2500 0.1750 0.0000 0.0000 0.0045 17247312 6.1250 0.1750 0.0000 0.0000 0.0045 17247316 6.3750 0.1750 0.0000 0.0000 0.0045 17233391 6.2500 0.1750 0.0000 0.0000 0.0045 17233475 6.8750 0.1750 0.0000 0.0000 0.0045 17233476 6.3750 0.1750 0.0000 0.0000 0.0045 17233397 6.0000 0.1750 0.0000 0.0000 0.0045 17247204 6.1250 0.1750 0.0000 0.0000 0.0045 17247217 5.8750 0.1750 0.0000 0.0000 0.0045 17247218 7.6250 0.1750 0.0000 0.0000 0.0045 17247219 6.2500 0.1750 0.0000 0.0000 0.0045 17247225 6.1250 0.1750 0.0000 0.0000 0.0045 17233452 6.2500 0.1750 0.0000 0.0000 0.0045 17233456 6.3750 0.1750 0.0000 0.0000 0.0045 17233381 5.7500 0.1750 0.0000 0.0000 0.0045 17233432 6.2500 0.1750 0.0000 0.0000 0.0045 17233433 6.1250 0.1750 0.0000 0.0000 0.0045 17233190 6.5000 0.1750 0.0000 0.0000 0.0045 17233193 6.3750 0.1750 0.0000 0.0000 0.0045 17233438 6.2500 0.1750 0.0000 0.0000 0.0045 17233195 5.7500 0.1750 0.0000 0.0000 0.0045 17233196 5.8750 0.1750 0.0000 0.0000 0.0045 17233359 6.1250 0.1750 0.0000 0.0000 0.0045 17233198 5.8750 0.1750 0.0000 0.0000 0.0045 17233360 6.2500 0.1750 0.0000 0.0000 0.0045 17233361 6.2500 0.1750 0.0000 0.0000 0.0045 17233364 6.2500 0.1750 0.0000 0.0000 0.0045 17233366 6.8750 0.1750 0.0000 0.0000 0.0045 17233367 6.3750 0.1750 0.0000 0.0000 0.0045 17233180 6.8750 0.1750 0.0000 0.0000 0.0045 17233424 6.2500 0.1750 0.0000 0.0000 0.0045 17233343 6.7500 0.1750 0.0000 0.0000 0.0045 17233344 6.7500 0.1750 0.0000 0.0000 0.0045 17233345 6.0000 0.1750 0.0000 0.0000 0.0045 17233184 5.8750 0.1750 0.0000 0.0000 0.0045 17233185 5.6250 0.1750 0.0000 0.0000 0.0045 17233349 6.1250 0.1750 0.0000 0.0000 0.0045 17233189 6.3750 0.1750 0.0000 0.0000 0.0045 17233084 6.3750 0.1750 0.0000 0.0000 0.0045 17233327 6.2500 0.1750 0.0000 0.0000 0.0045 17233166 6.3750 0.1750 0.0000 0.0000 0.0045 17233086 6.2500 0.1750 0.0000 0.0000 0.0045 17233167 6.2500 0.1750 0.0000 0.0000 0.0045 17233087 6.2500 0.1750 0.0000 0.0000 0.0045 17233088 6.2500 0.1750 0.0000 0.0000 0.0045 17233169 6.2500 0.1750 0.0000 0.0000 0.0045 17233089 6.1250 0.1750 0.0000 0.0000 0.0045 17233413 6.7500 0.1750 0.0000 0.0000 0.0045 17233170 6.2500 0.1750 0.0000 0.0000 0.0045 17233171 6.0000 0.1750 0.0000 0.0000 0.0045 17233333 6.6250 0.1750 0.0000 0.0000 0.0045 17233091 6.0000 0.1750 0.0000 0.0000 0.0045 17233092 6.0000 0.1750 0.0000 0.0000 0.0045 17233173 6.2500 0.1750 0.0000 0.0000 0.0045 17233335 6.7500 0.1750 0.0000 0.0000 0.0045 17233093 6.2500 0.1750 0.0000 0.0000 0.0045 17233174 8.2500 0.1750 0.0000 0.0000 0.0045 17233094 6.3750 0.1750 0.0000 0.0000 0.0045 17233337 6.3750 0.1750 0.0000 0.0000 0.0045 17233095 6.2500 0.1750 0.0000 0.0000 0.0045 17233176 5.8750 0.1750 0.0000 0.0000 0.0045 17233177 6.0000 0.1750 0.0000 0.0000 0.0045 17233178 6.1250 0.1750 0.0000 0.0000 0.0045 17233179 6.0000 0.1750 0.0000 0.0000 0.0045 17233151 6.5000 0.1750 0.0000 0.0000 0.0045 17233071 6.2500 0.1750 0.0000 0.0000 0.0045 17233072 6.2500 0.1750 0.0000 0.0000 0.0045 17233073 5.8750 0.1750 0.0000 0.0000 0.0045 17233154 5.7500 0.1750 0.0000 0.0000 0.0045 17233074 6.1250 0.1750 0.0000 0.0000 0.0045 17233075 6.2500 0.1750 0.0000 0.0000 0.0045 17233156 6.2500 0.1750 0.0000 0.0000 0.0045 17233076 6.3750 0.1750 0.0000 0.0000 0.0045 17233319 6.2500 0.1750 0.0000 0.0000 0.0045 17233158 6.6250 0.1750 0.0000 0.0000 0.0045 17233078 6.1250 0.1750 0.0000 0.0000 0.0045 17233159 6.2500 0.1750 0.0000 0.0000 0.0045 17233080 5.8750 0.1750 0.0000 0.0000 0.0045 17233081 6.5000 0.1750 0.0000 0.0000 0.0045 17233162 6.2500 0.1750 0.0000 0.0000 0.0045 17233324 6.6250 0.1750 0.0000 0.0000 0.0045 17233406 6.8750 0.1750 0.0000 0.0000 0.0045 17233083 6.0000 0.1750 0.0000 0.0000 0.0045 17233407 5.8750 0.1750 0.0000 0.0000 0.0045 17233164 5.5000 0.1750 0.0000 0.0000 0.0045 17233069 6.1250 0.1750 0.0000 0.0000 0.0045 17233150 6.1250 0.1750 0.0000 0.0000 0.0045 17233067 6.2500 0.1750 0.0000 0.0000 0.0045 17233149 6.3750 0.1750 0.0000 0.0000 0.0045 17233066 6.1250 0.1750 0.0000 0.0000 0.0045 17233309 6.2500 0.1750 0.0000 0.0000 0.0045 17233141 6.2500 0.1750 0.0000 0.0000 0.0045 17233142 6.6250 0.1750 0.0000 0.0000 0.0045 17233304 6.6250 0.1750 0.0000 0.0000 0.0045 17233063 6.3750 0.1750 0.0000 0.0000 0.0045 17233144 6.2500 0.1750 0.0000 0.0000 0.0045 17233064 6.3750 0.1750 0.0000 0.0000 0.0045 17233145 7.5000 0.1750 0.0000 0.0000 0.0045 17233058 6.2500 0.1750 0.0000 0.0000 0.0045 17233059 5.5000 0.1750 0.0000 0.0000 0.0045 17233300 6.6250 0.1750 0.0000 0.0000 0.0045 17233301 6.0000 0.1750 0.0000 0.0000 0.0045 17233140 6.0000 0.1750 0.0000 0.0000 0.0045 17233302 6.1250 0.1750 0.0000 0.0000 0.0045 17233060 6.1250 0.1750 0.0000 0.0000 0.0045 17233051 6.2500 0.1750 0.0000 0.0000 0.0045 17233132 6.8750 0.1750 0.0000 0.0000 0.0045 17233052 6.0000 0.1750 0.0000 0.0000 0.0045 17233133 6.7500 0.1750 0.0000 0.0000 0.0045 17233054 6.3750 0.1750 0.0000 0.0000 0.0045 17233135 6.7500 0.1750 0.0000 0.0000 0.0045 17233136 6.1250 0.1750 0.0000 0.0000 0.0045 17233056 6.2500 0.1750 0.0000 0.0000 0.0045 17233137 6.2500 0.1750 0.0000 0.0000 0.0045 17233047 6.2500 0.1750 0.0000 0.0000 0.0045 17233128 6.5000 0.1750 0.0000 0.0000 0.0045 17233129 5.8750 0.1750 0.0000 0.0000 0.0045 17233049 6.5000 0.1750 0.0000 0.0000 0.0045 17233130 6.6250 0.1750 0.0000 0.0000 0.0045 17233050 6.3750 0.1750 0.0000 0.0000 0.0045 17233285 6.0000 0.1750 0.0000 0.0000 0.0045 17233288 5.6250 0.1750 0.0000 0.0000 0.0045 17233290 6.2500 0.1750 0.0000 0.0000 0.0045 17233292 6.3750 0.1750 0.0000 0.0000 0.0045 17233293 6.1250 0.1750 0.0000 0.0000 0.0045 17233295 6.0000 0.1750 0.0000 0.0000 0.0045 17233296 6.2500 0.1750 0.0000 0.0000 0.0045 17232973 6.1250 0.1750 0.0000 0.0000 0.0045 17232974 6.6250 0.1750 0.0000 0.0000 0.0045 17232977 6.2500 0.1750 0.0000 0.0000 0.0045 17232979 6.0000 0.1750 0.0000 0.0000 0.0045 17232980 5.8750 0.1750 0.0000 0.0000 0.0045 17232981 5.5000 0.1750 0.0000 0.0000 0.0045 17232982 6.2500 0.1750 0.0000 0.0000 0.0045 17232983 6.2500 0.1750 0.0000 0.0000 0.0045 17232985 6.6250 0.1750 0.0000 0.0000 0.0045 17232986 6.3750 0.1750 0.0000 0.0000 0.0045 17232987 6.5000 0.1750 0.0000 0.0000 0.0045 17232988 6.3750 0.1750 0.0000 0.0000 0.0045 17232989 6.5000 0.1750 0.0000 0.0000 0.0045 17232990 6.6250 0.1750 0.0000 0.0000 0.0045 17232991 6.3750 0.1750 0.0000 0.0000 0.0045 17232992 6.3750 0.1750 0.0000 0.0000 0.0045 17232994 5.8750 0.1750 0.0000 0.0000 0.0045 17232996 6.0000 0.1750 0.0000 0.0000 0.0045 17232997 6.2500 0.1750 0.0000 0.0000 0.0045 17232998 6.0000 0.1750 0.0000 0.0000 0.0045 17232999 6.1250 0.1750 0.0000 0.0000 0.0045 17233206 6.2500 0.1750 0.0000 0.0000 0.0045 17233211 6.8750 0.1750 0.0000 0.0000 0.0045 17233212 6.5000 0.1750 0.0000 0.0000 0.0045 17233214 5.8750 0.1750 0.0000 0.0000 0.0045 17233216 6.0000 0.1750 0.0000 0.0000 0.0045 17233218 5.7500 0.1750 0.0000 0.0000 0.0045 17233219 6.2500 0.1750 0.0000 0.0000 0.0045 17233221 5.5000 0.1750 0.0000 0.0000 0.0045 17233233 6.5000 0.1750 0.0000 0.0000 0.0045 17233235 5.6250 0.1750 0.0000 0.0000 0.0045 17233236 6.2500 0.1750 0.0000 0.0000 0.0045 17233240 6.2500 0.1750 0.0000 0.0000 0.0045 17233241 6.0000 0.1750 0.0000 0.0000 0.0045 17233242 5.5000 0.1750 0.0000 0.0000 0.0045 17233243 6.0000 0.1750 0.0000 0.0000 0.0045 17233245 6.0000 0.1750 0.0000 0.0000 0.0045 17233249 6.3750 0.1750 0.0000 0.0000 0.0045 17233251 6.1250 0.1750 0.0000 0.0000 0.0045 17233252 5.8750 0.1750 0.0000 0.0000 0.0045 17233253 6.3750 0.1750 0.0000 0.0000 0.0045 17233254 6.3750 0.1750 0.0000 0.0000 0.0045 17233256 6.1250 0.1750 0.0000 0.0000 0.0045 17233257 6.0000 0.1750 0.0000 0.0000 0.0045 17233260 5.8750 0.1750 0.0000 0.0000 0.0045 17233262 6.2500 0.1750 0.0000 0.0000 0.0045 17233264 6.3750 0.1750 0.0000 0.0000 0.0045 17233265 6.0000 0.1750 0.0000 0.0000 0.0045 17233266 6.8750 0.1750 0.0000 0.0000 0.0045 17233267 5.8750 0.1750 0.0000 0.0000 0.0045 17233268 5.8750 0.1750 0.0000 0.0000 0.0045 17233269 5.8750 0.1750 0.0000 0.0000 0.0045 17233271 6.2500 0.1750 0.0000 0.0000 0.0045 17233272 6.1250 0.1750 0.0000 0.0000 0.0045 17233273 6.6250 0.1750 0.0000 0.0000 0.0045 17233274 6.2500 0.1750 0.0000 0.0000 0.0045 17233275 5.8750 0.1750 0.0000 0.0000 0.0045 17233280 5.8750 0.1750 0.0000 0.0000 0.0045 17233282 6.2500 0.1750 0.0000 0.0000 0.0045 17247265 5.5000 0.1750 0.0000 0.0000 0.0045 17244992 6.1250 0.1750 0.0000 0.0000 0.0045 17244993 6.2500 0.1750 0.0000 0.0000 0.0045 17244994 6.0000 0.1750 0.0000 0.0000 0.0045 17244995 5.5000 0.1750 0.0000 0.0000 0.0045 17244996 6.1250 0.1750 0.0000 0.0000 0.0045 17244997 7.3750 0.1750 0.0000 0.0000 0.0045 17244998 6.2500 0.1750 0.0000 0.0000 0.0045 17244999 5.7500 0.1750 0.0000 0.0000 0.0045 17244990 6.6250 0.1750 0.0000 0.0000 0.0045 17244991 6.2500 0.1750 0.0000 0.0000 0.0045 17247375 6.3750 0.1750 0.0000 0.0000 0.0045 17247295 6.0000 0.1750 0.0000 0.0000 0.0045 17247376 6.5000 0.1750 0.0000 0.0000 0.0045 17247296 5.6250 0.1750 0.0000 0.0000 0.0045 17247377 6.0000 0.1750 0.0000 0.0000 0.0045 17247381 6.5000 0.1750 0.0000 0.0000 0.0045 17247382 6.5000 0.1750 0.0000 0.0000 0.0045 17247374 6.0000 0.1750 0.0000 0.0000 0.0045 17247370 7.0000 0.1750 0.0000 0.0000 0.0045 17247290 6.5000 0.1750 0.0000 0.0000 0.0045 17247367 6.7500 0.1750 0.0000 0.0000 0.0045 17247286 6.0000 0.1750 0.0000 0.0000 0.0045 17247283 5.5000 0.1750 0.0000 0.0000 0.0045 17247261 6.0000 0.1750 0.0000 0.0000 0.0045 17247343 6.1250 0.1750 0.0000 0.0000 0.0045 17247344 5.8750 0.1750 0.0000 0.0000 0.0045 17247263 6.3750 0.1750 0.0000 0.0000 0.0045 17247266 5.1250 0.1750 0.0000 0.0000 0.0045 17247349 6.7500 0.1750 0.0000 0.0000 0.0045 17247268 6.2500 0.1750 0.0000 0.0000 0.0045 17247269 5.8750 0.1750 0.0000 0.0000 0.0045 17247350 5.6250 0.1750 0.0000 0.0000 0.0045 17247271 6.0000 0.1750 0.0000 0.0000 0.0045 17247273 6.1250 0.1750 0.0000 0.0000 0.0045 17247274 6.2500 0.1750 0.0000 0.0000 0.0045 17247276 5.5000 0.1750 0.0000 0.0000 0.0045 17247357 6.2500 0.1750 0.0000 0.0000 0.0045 17247197 6.3750 0.1750 0.0000 0.0000 0.0045 17247198 5.8750 0.1750 0.0000 0.0000 0.0045 17247279 6.2500 0.1750 0.0000 0.0000 0.0045 17247280 6.2500 0.1750 0.0000 0.0000 0.0045 17247282 5.7500 0.1750 0.0000 0.0000 0.0045 17247320 5.8750 0.1750 0.0000 0.0000 0.0045 17247321 5.8750 0.1750 0.0000 0.0000 0.0045 17247240 5.5000 0.1750 0.0000 0.0000 0.0045 17247241 6.0000 0.1750 0.0000 0.0000 0.0045 17247242 5.8750 0.1750 0.0000 0.0000 0.0045 17247243 5.8750 0.1750 0.0000 0.0000 0.0045 17247254 5.3750 0.1750 0.0000 0.0000 0.0045 17247335 5.0000 0.1750 0.0000 0.0000 0.0045 17247326 5.6250 0.1750 0.0000 0.0000 0.0045 17247246 5.8750 0.1750 0.0000 0.0000 0.0045 17247247 5.2500 0.1750 0.0000 0.0000 0.0045 17247329 8.2500 0.1750 0.0000 0.0000 0.0045 17247317 6.1250 0.1750 0.0000 0.0000 0.0045 17247236 5.5000 0.1750 0.0000 0.0000 0.0045 17247318 5.8750 0.1750 0.0000 0.0000 0.0045 17247238 5.8750 0.1750 0.0000 0.0000 0.0045 17247311 5.0000 0.1750 0.0000 0.0000 0.0045 17247230 6.3750 0.1750 0.0000 0.0000 0.0045 17247231 6.1250 0.1750 0.0000 0.0000 0.0045 17247234 5.5000 0.1750 0.0000 0.0000 0.0045 17256615 6.2500 0.1750 0.0000 0.0000 0.0045 17256616 6.1250 0.1750 0.0000 0.0000 0.0045 17256617 5.6250 0.1750 0.0000 0.0000 0.0045 17256609 6.5000 0.1750 0.0000 0.0000 0.0045 17256618 5.7500 0.1750 0.0000 0.0000 0.0045 17256619 5.8750 0.1750 0.0000 0.0000 0.0045 17256610 6.1250 0.1750 0.0000 0.0000 0.0045 17256611 5.7500 0.1750 0.0000 0.0000 0.0045 17256613 5.8750 0.1750 0.0000 0.0000 0.0045 17255906 5.8750 0.1750 0.0000 0.0000 0.0045 17255907 6.1250 0.1750 0.0000 0.0000 0.0045 17255917 6.5000 0.1750 0.0000 0.0000 0.0045 17255908 5.6250 0.1750 0.0000 0.0000 0.0045 17255918 6.3750 0.1750 0.0000 0.0000 0.0045 17255909 5.8750 0.1750 0.0000 0.0000 0.0045 17255919 6.3750 0.1750 0.0000 0.0000 0.0045 17255885 5.8750 0.1750 0.0000 0.0000 0.0045 17255894 6.2500 0.1750 0.0000 0.0000 0.0045 17255896 5.7500 0.1750 0.0000 0.0000 0.0045 17255887 6.1250 0.1750 0.0000 0.0000 0.0045 17255888 6.3750 0.1750 0.0000 0.0000 0.0045 17255898 5.0000 0.1750 0.0000 0.0000 0.0045 17255899 6.1250 0.1750 0.0000 0.0000 0.0045 17255914 6.7500 0.1750 0.0000 0.0000 0.0045 17255915 6.0000 0.1750 0.0000 0.0000 0.0045 17255916 6.3750 0.1750 0.0000 0.0000 0.0045 17255912 6.3750 0.1750 0.0000 0.0000 0.0045 17255913 6.3750 0.1750 0.0000 0.0000 0.0045 17255904 6.2500 0.1750 0.0000 0.0000 0.0045 17255905 6.3750 0.1750 0.0000 0.0000 0.0045 17255882 6.1250 0.1750 0.0000 0.0000 0.0045 17255883 5.8750 0.1750 0.0000 0.0000 0.0045 17255884 5.6250 0.1750 0.0000 0.0000 0.0045 17255886 5.7500 0.1750 0.0000 0.0000 0.0045 17255889 6.3750 0.1750 0.0000 0.0000 0.0045 17255910 6.2500 0.1750 0.0000 0.0000 0.0045 17255911 5.8750 0.1750 0.0000 0.0000 0.0045 17255897 5.0000 0.1750 0.0000 0.0000 0.0045 17255900 5.8750 0.1750 0.0000 0.0000 0.0045 17255901 5.7500 0.1750 0.0000 0.0000 0.0045 17255902 5.8750 0.1750 0.0000 0.0000 0.0045 17255903 6.2500 0.1750 0.0000 0.0000 0.0045 17255880 6.1250 0.1750 0.0000 0.0000 0.0045 17255881 6.5000 0.1750 0.0000 0.0000 0.0045 17255895 6.3750 0.1750 0.0000 0.0000 0.0045 17255891 5.8750 0.1750 0.0000 0.0000 0.0045 17255893 6.1250 0.1750 0.0000 0.0000 0.0045 17255890 6.0000 0.1750 0.0000 0.0000 0.0045 17250575 6.0000 0.1750 0.0000 0.0000 0.0045 17250577 6.1250 0.1750 0.0000 0.0000 0.0045 17250578 6.6250 0.1750 0.0000 0.0000 0.0045 17250570 6.6250 0.1750 0.0000 0.0000 0.0045 17250562 6.2500 0.1750 0.0000 0.0000 0.0045 17247202 5.5000 0.1750 0.0000 0.0000 0.0045 17247203 6.0000 0.1750 0.0000 0.0000 0.0045 17247208 6.3750 0.1750 0.0000 0.0000 0.0045 17247209 6.3750 0.1750 0.0000 0.0000 0.0045 17247210 6.2500 0.1750 0.0000 0.0000 0.0045 17247211 6.3750 0.1750 0.0000 0.0000 0.0045 17247212 6.2500 0.1750 0.0000 0.0000 0.0045 17247214 6.2500 0.1750 0.0000 0.0000 0.0045 17247216 5.2500 0.1750 0.0000 0.0000 0.0045 17247300 5.1250 0.1750 0.0000 0.0000 0.0045 17247302 6.5000 0.1750 0.0000 0.0000 0.0045 17247221 5.8750 0.1750 0.0000 0.0000 0.0045 17247222 6.0000 0.1750 0.0000 0.0000 0.0045 17247303 6.3750 0.1750 0.0000 0.0000 0.0045 17247304 5.8750 0.1750 0.0000 0.0000 0.0045 17247223 6.0000 0.1750 0.0000 0.0000 0.0045 17247224 5.2500 0.1750 0.0000 0.0000 0.0045 17247306 6.6250 0.1750 0.0000 0.0000 0.0045 17244962 5.8750 0.1750 0.0000 0.0000 0.0045 17245030 6.1250 0.1750 0.0000 0.0000 0.0045 17245031 6.7500 0.1750 0.0000 0.0000 0.0045 17245032 6.2500 0.1750 0.0000 0.0000 0.0045 17245033 6.2500 0.1750 0.0000 0.0000 0.0045 17245034 7.2500 0.1750 0.0000 0.0000 0.0045 17245035 6.1250 0.1750 0.0000 0.0000 0.0045 17245036 6.1250 0.1750 0.0000 0.0000 0.0045 17245037 6.2500 0.1750 0.0000 0.0000 0.0045 17245038 6.2500 0.1750 0.0000 0.0000 0.0045 17245039 6.1250 0.1750 0.0000 0.0000 0.0045 17245040 5.6250 0.1750 0.0000 0.0000 0.0045 17245041 5.7500 0.1750 0.0000 0.0000 0.0045 17245042 6.5000 0.1750 0.0000 0.0000 0.0045 17245043 6.1250 0.1750 0.0000 0.0000 0.0045 17245044 5.8750 0.1750 0.0000 0.0000 0.0045 17245045 5.5000 0.1750 0.0000 0.0000 0.0045 17245046 6.1250 0.1750 0.0000 0.0000 0.0045 17245047 8.2500 0.1750 0.0000 0.0000 0.0045 17245048 6.3750 0.1750 0.0000 0.0000 0.0045 17245049 6.2500 0.1750 0.0000 0.0000 0.0045 17245050 6.5000 0.1750 0.0000 0.0000 0.0045 17245016 6.3750 0.1750 0.0000 0.0000 0.0045 17245017 6.3750 0.1750 0.0000 0.0000 0.0045 17245018 5.8750 0.1750 0.0000 0.0000 0.0045 17245019 6.2500 0.1750 0.0000 0.0000 0.0045 17245020 6.1250 0.1750 0.0000 0.0000 0.0045 17245021 5.7500 0.1750 0.0000 0.0000 0.0045 17245022 6.2500 0.1750 0.0000 0.0000 0.0045 17245023 6.1250 0.1750 0.0000 0.0000 0.0045 17245025 6.7500 0.1750 0.0000 0.0000 0.0045 17245026 6.0000 0.1750 0.0000 0.0000 0.0045 17245027 5.7500 0.1750 0.0000 0.0000 0.0045 17245028 6.5000 0.1750 0.0000 0.0000 0.0045 17245029 6.1250 0.1750 0.0000 0.0000 0.0045 17245004 6.1250 0.1750 0.0000 0.0000 0.0045 17245005 5.8750 0.1750 0.0000 0.0000 0.0045 17245006 5.6250 0.1750 0.0000 0.0000 0.0045 17245007 6.0000 0.1750 0.0000 0.0000 0.0045 17245008 6.1250 0.1750 0.0000 0.0000 0.0045 17245009 6.7500 0.1750 0.0000 0.0000 0.0045 17245010 5.8750 0.1750 0.0000 0.0000 0.0045 17245011 5.5000 0.1750 0.0000 0.0000 0.0045 17245012 6.3750 0.1750 0.0000 0.0000 0.0045 17245013 5.8750 0.1750 0.0000 0.0000 0.0045 17245014 6.3750 0.1750 0.0000 0.0000 0.0045 17245015 6.0000 0.1750 0.0000 0.0000 0.0045 17245000 5.0000 0.1750 0.0000 0.0000 0.0045 17245001 6.0000 0.1750 0.0000 0.0000 0.0045 17245002 6.2500 0.1750 0.0000 0.0000 0.0045 17245003 6.0000 0.1750 0.0000 0.0000 0.0045 17250580 6.3750 0.1750 0.0000 0.0000 0.0045 17250571 5.8750 0.1750 0.0000 0.0000 0.0045 17250569 5.8750 0.1750 0.0000 0.0000 0.0045 17250579 5.8750 0.1750 0.0000 0.0000 0.0045 17250560 5.5000 0.1750 0.0000 0.0000 0.0045 17250561 6.2500 0.1750 0.0000 0.0000 0.0045 17250558 6.0000 0.1750 0.0000 0.0000 0.0045 17250567 5.6250 0.1750 0.0000 0.0000 0.0045 17250568 5.7500 0.1750 0.0000 0.0000 0.0045 17250566 5.5000 0.1750 0.0000 0.0000 0.0045 17250576 6.2500 0.1750 0.0000 0.0000 0.0045 17250572 5.8750 0.1750 0.0000 0.0000 0.0045 17250557 5.2500 0.1750 0.0000 0.0000 0.0045 17250563 5.7500 0.1750 0.0000 0.0000 0.0045 17250581 5.8750 0.1750 0.0000 0.0000 0.0045 17250573 6.3750 0.1750 0.0000 0.0000 0.0045 17250564 6.6250 0.1750 0.0000 0.0000 0.0045 17250574 6.6250 0.1750 0.0000 0.0000 0.0045 17250565 5.8750 0.1750 0.0000 0.0000 0.0045 17244984 6.2500 0.1750 0.0000 0.0000 0.0045 17244985 6.0000 0.1750 0.0000 0.0000 0.0045 17244986 5.7500 0.1750 0.0000 0.0000 0.0045 17244987 6.1250 0.1750 0.0000 0.0000 0.0045 17244988 5.8750 0.1750 0.0000 0.0000 0.0045 17244989 4.8750 0.1750 0.0000 0.0000 0.0045 17244935 6.3750 0.1750 0.0000 0.0000 0.0045 17244936 6.3750 0.1750 0.0000 0.0000 0.0045 17244937 6.8750 0.1750 0.0000 0.0000 0.0045 17244938 6.2500 0.1750 0.0000 0.0000 0.0045 17244939 6.3750 0.1750 0.0000 0.0000 0.0045 17244940 5.8750 0.1750 0.0000 0.0000 0.0045 17244941 6.3750 0.1750 0.0000 0.0000 0.0045 17244942 6.5000 0.1750 0.0000 0.0000 0.0045 17244943 6.3750 0.1750 0.0000 0.0000 0.0045 17244944 6.2500 0.1750 0.0000 0.0000 0.0045 17244945 6.2500 0.1750 0.0000 0.0000 0.0045 17244946 6.1250 0.1750 0.0000 0.0000 0.0045 17244947 5.8750 0.1750 0.0000 0.0000 0.0045 17244948 5.7500 0.1750 0.0000 0.0000 0.0045 17244949 6.2500 0.1750 0.0000 0.0000 0.0045 17244950 6.2500 0.1750 0.0000 0.0000 0.0045 17244951 6.0000 0.1750 0.0000 0.0000 0.0045 17244952 5.6250 0.1750 0.0000 0.0000 0.0045 17244953 6.0000 0.1750 0.0000 0.0000 0.0045 17244954 6.3750 0.1750 0.0000 0.0000 0.0045 17244955 6.1250 0.1750 0.0000 0.0000 0.0045 17244956 6.0000 0.1750 0.0000 0.0000 0.0045 17244957 5.8750 0.1750 0.0000 0.0000 0.0045 17244958 5.6250 0.1750 0.0000 0.0000 0.0045 17244959 6.1250 0.1750 0.0000 0.0000 0.0045 17244960 6.2500 0.1750 0.0000 0.0000 0.0045 17244961 6.1250 0.1750 0.0000 0.0000 0.0045 17244963 5.7500 0.1750 0.0000 0.0000 0.0045 17244964 6.0000 0.1750 0.0000 0.0000 0.0045 17244965 6.0000 0.1750 0.0000 0.0000 0.0045 17244966 6.1250 0.1750 0.0000 0.0000 0.0045 17244967 5.8750 0.1750 0.0000 0.0000 0.0045 17244968 5.7500 0.1750 0.0000 0.0000 0.0045 17244969 5.8750 0.1750 0.0000 0.0000 0.0045 17244970 5.8750 0.1750 0.0000 0.0000 0.0045 17244971 5.7500 0.1750 0.0000 0.0000 0.0045 17244972 5.5000 0.1750 0.0000 0.0000 0.0045 17244973 6.2500 0.1750 0.0000 0.0000 0.0045 17244974 6.3750 0.1750 0.0000 0.0000 0.0045 17244975 5.5000 0.1750 0.0000 0.0000 0.0045 17244976 6.1250 0.1750 0.0000 0.0000 0.0045 17244977 6.3750 0.1750 0.0000 0.0000 0.0045 17244978 6.5000 0.1750 0.0000 0.0000 0.0045 17244979 6.0000 0.1750 0.0000 0.0000 0.0045 17244980 5.8750 0.1750 0.0000 0.0000 0.0045 17244981 5.7500 0.1750 0.0000 0.0000 0.0045 17244982 6.5000 0.1750 0.0000 0.0000 0.0045 17244983 6.1250 0.1750 0.0000 0.0000 0.0045 17256703 6.0000 0.1750 0.0000 0.0000 0.0045 17256709 6.5000 0.1750 0.0000 0.0000 0.0045 17233121 6.2500 0.1750 0.0000 0.0000 0.0045 17233122 5.7500 0.1750 0.0000 0.0000 0.0045 17233126 6.1250 0.1750 0.0000 0.0000 0.0045 17233117 6.1250 0.1750 0.0000 0.0000 0.0045 17233037 6.0000 0.1750 0.0000 0.0000 0.0045 17233460 6.1250 0.1750 0.0000 0.0000 0.0045 17233451 6.6250 0.1750 0.0000 0.0000 0.0045 17233111 5.6250 0.1750 0.0000 0.0000 0.0045 17233031 5.7500 0.1750 0.0000 0.0000 0.0045 17233112 5.7500 0.1750 0.0000 0.0000 0.0045 17247297 6.1250 0.1750 0.0000 0.0000 0.0045 17247298 5.8750 0.1750 0.0000 0.0000 0.0045 17247372 6.5000 0.1750 0.0000 0.0000 0.0045 17247292 5.8750 0.1750 0.0000 0.0000 0.0045 17233019 6.1250 0.1750 0.0000 0.0000 0.0045 17233103 6.1250 0.1750 0.0000 0.0000 0.0045 17233104 6.3750 0.1750 0.0000 0.0000 0.0045 17233026 6.0000 0.1750 0.0000 0.0000 0.0045 17247366 6.3750 0.1750 0.0000 0.0000 0.0045 17247285 6.2500 0.1750 0.0000 0.0000 0.0045 17247368 6.5000 0.1750 0.0000 0.0000 0.0045 17247369 6.3750 0.1750 0.0000 0.0000 0.0045 17247363 6.2500 0.1750 0.0000 0.0000 0.0045 17247364 6.1250 0.1750 0.0000 0.0000 0.0045 17247341 6.5000 0.1750 0.0000 0.0000 0.0045 17247262 6.0000 0.1750 0.0000 0.0000 0.0045 17247345 5.8750 0.1750 0.0000 0.0000 0.0045 17247347 6.5000 0.1750 0.0000 0.0000 0.0045 17247267 6.1250 0.1750 0.0000 0.0000 0.0045 17247352 6.1250 0.1750 0.0000 0.0000 0.0045 17247354 6.5000 0.1750 0.0000 0.0000 0.0045 17247275 6.1250 0.1750 0.0000 0.0000 0.0045 17247359 6.3750 0.1750 0.0000 0.0000 0.0045 17247360 6.3750 0.1750 0.0000 0.0000 0.0045 17247361 6.3750 0.1750 0.0000 0.0000 0.0045 17247281 6.1250 0.1750 0.0000 0.0000 0.0045 17247323 6.1250 0.1750 0.0000 0.0000 0.0045 17247325 6.1250 0.1750 0.0000 0.0000 0.0045 17247250 6.5000 0.1750 0.0000 0.0000 0.0045 17247334 6.5000 0.1750 0.0000 0.0000 0.0045 17247337 6.2500 0.1750 0.0000 0.0000 0.0045 17247257 6.3750 0.1750 0.0000 0.0000 0.0045 17247245 5.7500 0.1750 0.0000 0.0000 0.0045 17247330 5.8750 0.1750 0.0000 0.0000 0.0045 17247229 6.1250 0.1750 0.0000 0.0000 0.0045 17247232 6.2500 0.1750 0.0000 0.0000 0.0045 17247314 6.5000 0.1750 0.0000 0.0000 0.0045 17247233 6.6250 0.1750 0.0000 0.0000 0.0045 17247315 5.8750 0.1750 0.0000 0.0000 0.0045 17247215 5.7500 0.1750 0.0000 0.0000 0.0045 17233392 6.5000 0.1750 0.0000 0.0000 0.0045 17233393 6.8750 0.1750 0.0000 0.0000 0.0045 17233394 6.5000 0.1750 0.0000 0.0000 0.0045 17233395 6.3750 0.1750 0.0000 0.0000 0.0045 17233396 5.8750 0.1750 0.0000 0.0000 0.0045 17233398 6.3750 0.1750 0.0000 0.0000 0.0045 17233399 6.8750 0.1750 0.0000 0.0000 0.0045 17247201 8.2500 0.1750 0.0000 0.0000 0.0045 17247206 6.6250 0.1750 0.0000 0.0000 0.0045 17247213 6.1250 0.1750 0.0000 0.0000 0.0045 17247301 6.2500 0.1750 0.0000 0.0000 0.0045 17247305 5.7500 0.1750 0.0000 0.0000 0.0045 17233370 6.1250 0.1750 0.0000 0.0000 0.0045 17233453 6.2500 0.1750 0.0000 0.0000 0.0045 17233372 5.6250 0.1750 0.0000 0.0000 0.0045 17233454 6.1250 0.1750 0.0000 0.0000 0.0045 17233373 5.7500 0.1750 0.0000 0.0000 0.0045 17233455 5.8750 0.1750 0.0000 0.0000 0.0045 17233374 6.5000 0.1750 0.0000 0.0000 0.0045 17233457 6.6250 0.1750 0.0000 0.0000 0.0045 17233376 6.5000 0.1750 0.0000 0.0000 0.0045 17233458 6.3750 0.1750 0.0000 0.0000 0.0045 17233377 6.5000 0.1750 0.0000 0.0000 0.0045 17233459 5.5000 0.1750 0.0000 0.0000 0.0045 17233378 6.6250 0.1750 0.0000 0.0000 0.0045 17233379 6.2500 0.1750 0.0000 0.0000 0.0045 17233461 6.6250 0.1750 0.0000 0.0000 0.0045 17233462 6.2500 0.1750 0.0000 0.0000 0.0045 17233464 6.6250 0.1750 0.0000 0.0000 0.0045 17233383 6.0000 0.1750 0.0000 0.0000 0.0045 17233384 6.5000 0.1750 0.0000 0.0000 0.0045 17233466 5.7500 0.1750 0.0000 0.0000 0.0045 17233385 6.3750 0.1750 0.0000 0.0000 0.0045 17233387 6.1250 0.1750 0.0000 0.0000 0.0045 17233388 6.5000 0.1750 0.0000 0.0000 0.0045 17233389 5.8750 0.1750 0.0000 0.0000 0.0045 17233470 6.5000 0.1750 0.0000 0.0000 0.0045 17233390 6.3750 0.1750 0.0000 0.0000 0.0045 17233352 6.3750 0.1750 0.0000 0.0000 0.0045 17233434 6.1250 0.1750 0.0000 0.0000 0.0045 17233191 6.0000 0.1750 0.0000 0.0000 0.0045 17233353 6.1250 0.1750 0.0000 0.0000 0.0045 17233435 6.7500 0.1750 0.0000 0.0000 0.0045 17233192 6.1250 0.1750 0.0000 0.0000 0.0045 17233354 6.1250 0.1750 0.0000 0.0000 0.0045 17233436 6.7500 0.1750 0.0000 0.0000 0.0045 17233355 6.2500 0.1750 0.0000 0.0000 0.0045 17233437 6.3750 0.1750 0.0000 0.0000 0.0045 17233356 6.5000 0.1750 0.0000 0.0000 0.0045 17233439 6.2500 0.1750 0.0000 0.0000 0.0045 17233199 6.3750 0.1750 0.0000 0.0000 0.0045 17233440 6.6250 0.1750 0.0000 0.0000 0.0045 17233441 7.3750 0.1750 0.0000 0.0000 0.0045 17233443 6.3750 0.1750 0.0000 0.0000 0.0045 17233362 6.2500 0.1750 0.0000 0.0000 0.0045 17233444 6.3750 0.1750 0.0000 0.0000 0.0045 17233445 6.6250 0.1750 0.0000 0.0000 0.0045 17233446 6.3750 0.1750 0.0000 0.0000 0.0045 17233447 6.5000 0.1750 0.0000 0.0000 0.0045 17233448 6.7500 0.1750 0.0000 0.0000 0.0045 17233449 6.3750 0.1750 0.0000 0.0000 0.0045 17233421 5.8750 0.1750 0.0000 0.0000 0.0045 17233340 6.2500 0.1750 0.0000 0.0000 0.0045 17233422 6.3750 0.1750 0.0000 0.0000 0.0045 17233423 6.2500 0.1750 0.0000 0.0000 0.0045 17233342 6.3750 0.1750 0.0000 0.0000 0.0045 17233181 5.8750 0.1750 0.0000 0.0000 0.0045 17233425 6.3750 0.1750 0.0000 0.0000 0.0045 17233182 6.2500 0.1750 0.0000 0.0000 0.0045 17233426 6.6250 0.1750 0.0000 0.0000 0.0045 17233183 6.0000 0.1750 0.0000 0.0000 0.0045 17233427 6.3750 0.1750 0.0000 0.0000 0.0045 17233346 6.5000 0.1750 0.0000 0.0000 0.0045 17233428 6.2500 0.1750 0.0000 0.0000 0.0045 17233347 6.6250 0.1750 0.0000 0.0000 0.0045 17233429 7.0000 0.1750 0.0000 0.0000 0.0045 17233186 5.8750 0.1750 0.0000 0.0000 0.0045 17233348 6.2500 0.1750 0.0000 0.0000 0.0045 17233188 6.5000 0.1750 0.0000 0.0000 0.0045 17233430 6.6250 0.1750 0.0000 0.0000 0.0045 17233431 8.2500 0.1750 0.0000 0.0000 0.0045 17233350 6.1250 0.1750 0.0000 0.0000 0.0045 17233408 6.2500 0.1750 0.0000 0.0000 0.0045 17233165 5.5000 0.1750 0.0000 0.0000 0.0045 17233085 6.2500 0.1750 0.0000 0.0000 0.0045 17233328 6.1250 0.1750 0.0000 0.0000 0.0045 17233329 6.2500 0.1750 0.0000 0.0000 0.0045 17233168 6.0000 0.1750 0.0000 0.0000 0.0045 17233410 6.2500 0.1750 0.0000 0.0000 0.0045 17233411 6.3750 0.1750 0.0000 0.0000 0.0045 17233412 6.2500 0.1750 0.0000 0.0000 0.0045 17233331 6.3750 0.1750 0.0000 0.0000 0.0045 17233332 6.3750 0.1750 0.0000 0.0000 0.0045 17233414 6.6250 0.1750 0.0000 0.0000 0.0045 17233090 5.8750 0.1750 0.0000 0.0000 0.0045 17233415 6.3750 0.1750 0.0000 0.0000 0.0045 17233172 6.3750 0.1750 0.0000 0.0000 0.0045 17233334 6.5000 0.1750 0.0000 0.0000 0.0045 17233416 6.2500 0.1750 0.0000 0.0000 0.0045 17233417 5.8750 0.1750 0.0000 0.0000 0.0045 17233336 6.1250 0.1750 0.0000 0.0000 0.0045 17233418 6.0000 0.1750 0.0000 0.0000 0.0045 17233175 8.2500 0.1750 0.0000 0.0000 0.0045 17233419 6.3750 0.1750 0.0000 0.0000 0.0045 17233338 6.2500 0.1750 0.0000 0.0000 0.0045 17233339 6.8750 0.1750 0.0000 0.0000 0.0045 17233098 6.2500 0.1750 0.0000 0.0000 0.0045 17233099 6.1250 0.1750 0.0000 0.0000 0.0045 17233420 6.0000 0.1750 0.0000 0.0000 0.0045 17233314 6.5000 0.1750 0.0000 0.0000 0.0045 17233153 6.0000 0.1750 0.0000 0.0000 0.0045 17233316 6.3750 0.1750 0.0000 0.0000 0.0045 17233155 6.1250 0.1750 0.0000 0.0000 0.0045 17233317 5.8750 0.1750 0.0000 0.0000 0.0045 17233318 6.7500 0.1750 0.0000 0.0000 0.0045 17233157 5.0000 0.1750 0.0000 0.0000 0.0045 17233077 6.2500 0.1750 0.0000 0.0000 0.0045 17233400 6.5000 0.1750 0.0000 0.0000 0.0045 17233401 6.2500 0.1750 0.0000 0.0000 0.0045 17233320 6.3750 0.1750 0.0000 0.0000 0.0045 17233402 5.8750 0.1750 0.0000 0.0000 0.0045 17233321 7.0000 0.1750 0.0000 0.0000 0.0045 17233160 6.2500 0.1750 0.0000 0.0000 0.0045 17233404 6.2500 0.1750 0.0000 0.0000 0.0045 17233161 6.3750 0.1750 0.0000 0.0000 0.0045 17233323 6.2500 0.1750 0.0000 0.0000 0.0045 17233082 6.2500 0.1750 0.0000 0.0000 0.0045 17233326 6.2500 0.1750 0.0000 0.0000 0.0045 17233310 6.2500 0.1750 0.0000 0.0000 0.0045 17233311 6.2500 0.1750 0.0000 0.0000 0.0045 17233312 6.3750 0.1750 0.0000 0.0000 0.0045 17233070 5.6250 0.1750 0.0000 0.0000 0.0045 17233313 6.2500 0.1750 0.0000 0.0000 0.0045 17233148 6.3750 0.1750 0.0000 0.0000 0.0045 17233061 6.2500 0.1750 0.0000 0.0000 0.0045 17233143 6.5000 0.1750 0.0000 0.0000 0.0045 17233305 6.3750 0.1750 0.0000 0.0000 0.0045 17233306 6.2500 0.1750 0.0000 0.0000 0.0045 17233307 6.2500 0.1750 0.0000 0.0000 0.0045 17233138 6.3750 0.1750 0.0000 0.0000 0.0045 17233303 5.8750 0.1750 0.0000 0.0000 0.0045 17233053 6.0000 0.1750 0.0000 0.0000 0.0045 17233134 5.6250 0.1750 0.0000 0.0000 0.0045 17233055 6.0000 0.1750 0.0000 0.0000 0.0045 17233057 6.2500 0.1750 0.0000 0.0000 0.0045 17233131 6.5000 0.1750 0.0000 0.0000 0.0045 17233284 6.1250 0.1750 0.0000 0.0000 0.0045 17233287 5.5000 0.1750 0.0000 0.0000 0.0045 17233289 6.3750 0.1750 0.0000 0.0000 0.0045 17233291 6.8750 0.1750 0.0000 0.0000 0.0045 17233294 6.3750 0.1750 0.0000 0.0000 0.0045 17233297 6.3750 0.1750 0.0000 0.0000 0.0045 17233298 6.6250 0.1750 0.0000 0.0000 0.0045 17233299 6.6250 0.1750 0.0000 0.0000 0.0045 17232984 6.3750 0.1750 0.0000 0.0000 0.0045 17233201 6.0000 0.1750 0.0000 0.0000 0.0045 17233202 5.5000 0.1750 0.0000 0.0000 0.0045 17233203 6.0000 0.1750 0.0000 0.0000 0.0045 17233205 6.0000 0.1750 0.0000 0.0000 0.0045 17233208 5.8750 0.1750 0.0000 0.0000 0.0045 17233213 5.8750 0.1750 0.0000 0.0000 0.0045 17233215 5.7500 0.1750 0.0000 0.0000 0.0045 17233217 5.8750 0.1750 0.0000 0.0000 0.0045 17233220 5.7500 0.1750 0.0000 0.0000 0.0045 17233223 5.8750 0.1750 0.0000 0.0000 0.0045 17233224 6.2500 0.1750 0.0000 0.0000 0.0045 17233225 5.7500 0.1750 0.0000 0.0000 0.0045 17233228 5.8750 0.1750 0.0000 0.0000 0.0045 17233230 5.8750 0.1750 0.0000 0.0000 0.0045 17233231 6.2500 0.1750 0.0000 0.0000 0.0045 17233232 6.2500 0.1750 0.0000 0.0000 0.0045 17233234 5.8750 0.1750 0.0000 0.0000 0.0045 17233237 6.0000 0.1750 0.0000 0.0000 0.0045 17233244 5.7500 0.1750 0.0000 0.0000 0.0045 17233246 6.0000 0.1750 0.0000 0.0000 0.0045 17233247 6.2500 0.1750 0.0000 0.0000 0.0045 17233248 6.2500 0.1750 0.0000 0.0000 0.0045 17233258 6.0000 0.1750 0.0000 0.0000 0.0045 17233259 6.6250 0.1750 0.0000 0.0000 0.0045 17233261 5.5000 0.1750 0.0000 0.0000 0.0045 17233263 6.3750 0.1750 0.0000 0.0000 0.0045 17233278 6.2500 0.1750 0.0000 0.0000 0.0045 17233281 5.7500 0.1750 0.0000 0.0000 0.0045 17233035 6.2500 0.1750 0.0000 0.0000 0.0045 17247378 6.3750 0.1750 0.0000 0.0000 0.0045 17247379 6.1250 0.1750 0.0000 0.0000 0.0045 17247299 6.1250 0.1750 0.0000 0.0000 0.0045 17233027 5.8750 0.1750 0.0000 0.0000 0.0045 17247339 6.8750 0.1750 0.0000 0.0000 0.0045 17247260 6.5000 0.1750 0.0000 0.0000 0.0045 17247264 6.0000 0.1750 0.0000 0.0000 0.0045 17247358 6.0000 0.1750 0.0000 0.0000 0.0045 17247244 6.2500 0.1750 0.0000 0.0000 0.0045 17247332 7.0000 0.1750 0.0000 0.0000 0.0045 17247336 5.8750 0.1750 0.0000 0.0000 0.0045 17247338 6.3750 0.1750 0.0000 0.0000 0.0045 17247249 6.8750 0.1750 0.0000 0.0000 0.0045 17247319 6.2500 0.1750 0.0000 0.0000 0.0045 17247239 6.8750 0.1750 0.0000 0.0000 0.0045 17247313 6.2500 0.1750 0.0000 0.0000 0.0045 17247307 5.8750 0.1750 0.0000 0.0000 0.0045 17247308 6.3750 0.1750 0.0000 0.0000 0.0045 17233473 6.7500 0.1750 0.0000 0.0000 0.0045 17233474 6.7500 0.1750 0.0000 0.0000 0.0045 17247200 5.6250 0.1750 0.0000 0.0000 0.0045 17247205 6.2500 0.1750 0.0000 0.0000 0.0045 17247207 6.7500 0.1750 0.0000 0.0000 0.0045 17247220 6.7500 0.1750 0.0000 0.0000 0.0045 17233450 6.7500 0.1750 0.0000 0.0000 0.0045 17233371 6.6250 0.1750 0.0000 0.0000 0.0045 17233375 6.7500 0.1750 0.0000 0.0000 0.0045 17233380 6.3750 0.1750 0.0000 0.0000 0.0045 17233463 6.3750 0.1750 0.0000 0.0000 0.0045 17233382 6.0000 0.1750 0.0000 0.0000 0.0045 17233386 5.6250 0.1750 0.0000 0.0000 0.0045 17233468 6.3750 0.1750 0.0000 0.0000 0.0045 17233469 6.1250 0.1750 0.0000 0.0000 0.0045 17233471 6.5000 0.1750 0.0000 0.0000 0.0045 17233472 6.3750 0.1750 0.0000 0.0000 0.0045 17233194 6.1250 0.1750 0.0000 0.0000 0.0045 17233357 6.0000 0.1750 0.0000 0.0000 0.0045 17233358 6.0000 0.1750 0.0000 0.0000 0.0045 17233363 6.0000 0.1750 0.0000 0.0000 0.0045 17233365 6.0000 0.1750 0.0000 0.0000 0.0045 17233368 6.5000 0.1750 0.0000 0.0000 0.0045 17233369 6.0000 0.1750 0.0000 0.0000 0.0045 17233341 6.3750 0.1750 0.0000 0.0000 0.0045 17233187 6.6250 0.1750 0.0000 0.0000 0.0045 17233351 6.2500 0.1750 0.0000 0.0000 0.0045 17233330 6.1250 0.1750 0.0000 0.0000 0.0045 17233152 6.7500 0.1750 0.0000 0.0000 0.0045 17233315 6.1250 0.1750 0.0000 0.0000 0.0045 17233079 6.0000 0.1750 0.0000 0.0000 0.0045 17233403 5.8750 0.1750 0.0000 0.0000 0.0045 17233322 6.7500 0.1750 0.0000 0.0000 0.0045 17233405 6.3750 0.1750 0.0000 0.0000 0.0045 17233163 6.3750 0.1750 0.0000 0.0000 0.0045 17233325 6.3750 0.1750 0.0000 0.0000 0.0045 17233068 6.2500 0.1750 0.0000 0.0000 0.0045 17233308 6.3750 0.1750 0.0000 0.0000 0.0045 17233065 6.1250 0.1750 0.0000 0.0000 0.0045 17233146 6.1250 0.1750 0.0000 0.0000 0.0045 17233139 6.3750 0.1750 0.0000 0.0000 0.0045 17233048 6.1250 0.1750 0.0000 0.0000 0.0045 17233283 6.0000 0.1750 0.0000 0.0000 0.0045 17233286 6.5000 0.1750 0.0000 0.0000 0.0045 17232995 6.1250 0.1750 0.0000 0.0000 0.0045 17233200 6.5000 0.1750 0.0000 0.0000 0.0045 17233207 6.3750 0.1750 0.0000 0.0000 0.0045 17233210 6.2500 0.1750 0.0000 0.0000 0.0045 17233222 6.2500 0.1750 0.0000 0.0000 0.0045 17233227 6.1250 0.1750 0.0000 0.0000 0.0045 17233229 6.1250 0.1750 0.0000 0.0000 0.0045 17233238 6.2500 0.1750 0.0000 0.0000 0.0045 17233239 6.6250 0.1750 0.0000 0.0000 0.0045 17233250 6.2500 0.1750 0.0000 0.0000 0.0045 17233255 6.3750 0.1750 0.0000 0.0000 0.0045 17233270 6.2500 0.1750 0.0000 0.0000 0.0045 17233276 6.2500 0.1750 0.0000 0.0000 0.0045 17233279 6.1250 0.1750 0.0000 0.0000 0.0045 17151971 6.7500 0.2500 0.0000 0.0000 0.0045 17151933 6.3750 0.2500 0.0000 0.0000 0.0045 17151935 5.6250 0.2500 0.0000 0.0000 0.0045 17151950 6.5000 0.2500 0.0000 0.0000 0.0045 17151953 6.3750 0.2500 0.0000 0.0000 0.0045 17151974 6.5000 0.2500 0.0000 0.0000 0.0045 17151981 6.6250 0.2500 0.0000 0.0000 0.0045 17151983 6.3750 0.2500 0.0000 0.0000 0.0045 17151992 6.2500 0.2500 0.0000 0.0000 0.0045 17152002 6.0000 0.2500 0.0000 0.0000 0.0045 17152005 6.3750 0.2500 0.0000 0.0000 0.0045 17151917 6.5000 0.2500 0.0000 0.0000 0.0045 17151913 6.1250 0.2500 0.0000 0.0000 0.0045 17151976 6.2500 0.2500 0.0000 0.0000 0.0045 17151998 6.7500 0.2500 0.0000 0.0000 0.0045 17152007 6.3750 0.2500 0.0000 0.0000 0.0045 LOAN_SEQ CURRENT_ STATED_MAT STATED_ STATED_ ORIGINAL_ NET_COUPON ORIGINAL_TERM REM_TERM BALANCE -------------------------------------------------------------------------------------------------------------------------------- 17151996 5.9955 20370301 360 358 516000.00 17151960 5.8705 20370301 360 358 138750.00 17151912 6.1205 20370201 360 357 420000.00 17151914 6.2455 20361101 360 354 256000.00 17151922 5.4955 20370101 360 356 542000.00 17151924 6.4955 20370201 360 357 195000.00 17151926 5.2455 20370101 360 356 824000.00 17151927 6.1205 20370101 360 356 435000.00 17151929 6.1205 20370101 360 356 266000.00 17151931 5.9955 20370101 360 356 270400.00 17151946 5.6205 20370201 360 357 273000.00 17151925 6.2455 20370301 360 358 510000.00 17151928 6.3705 20370301 360 358 800000.00 17151930 6.1205 20370301 360 358 188000.00 17151932 6.2455 20370301 360 358 166400.00 17151934 5.4955 20370301 360 358 999950.00 17151937 6.4955 20370301 360 358 351200.00 17151938 5.6205 20370301 360 358 455000.00 17151939 5.6205 20370301 360 358 600000.00 17151940 6.4955 20370301 360 358 224000.00 17151941 5.7455 20370301 360 358 650000.00 17151942 5.8705 20370301 360 358 788000.00 17151943 5.7455 20370301 360 358 442000.00 17151944 5.8705 20370301 360 358 725600.00 17151945 5.9955 20370301 360 358 728000.00 17151947 6.4955 20370401 360 359 2464000.00 17151948 6.1205 20370301 360 358 1000000.00 17151949 6.3705 20370301 360 358 1000000.00 17151951 5.7455 20370301 360 358 450000.00 17151954 5.6205 20370301 360 358 650000.00 17151955 6.6205 20370301 360 358 640000.00 17151956 6.1205 20370301 360 358 236000.00 17151958 5.6205 20370301 360 358 695000.00 17151961 5.7455 20370301 360 358 500000.00 17151962 5.6205 20370301 360 358 830000.00 17151963 6.2455 20370301 360 358 1024000.00 17151964 5.6205 20370301 360 358 477600.00 17151965 6.1205 20370401 360 359 600000.00 17151967 6.1205 20370301 360 358 750000.00 17151969 5.9955 20370301 360 358 285000.00 17151970 6.1205 20370301 360 358 308000.00 17151972 5.7455 20370301 360 358 505000.00 17151973 6.1205 20370301 360 358 415000.00 17151975 5.6205 20370301 360 358 165000.00 17151977 5.9955 20370301 360 358 316000.00 17151978 5.6205 20370301 360 358 403000.00 17152017 5.8705 20370401 360 359 210000.00 17152018 5.9955 20370301 360 358 360000.00 17152019 5.6205 20370401 360 359 232000.00 17152020 5.1205 20370301 360 358 700000.00 17152021 6.3705 20370301 360 358 1500000.00 17152022 5.9955 20370301 360 358 1150000.00 17152023 5.8705 20370401 360 359 560000.00 17152024 5.6205 20370401 360 359 542500.00 17152025 5.3705 20370301 360 358 960000.00 17152026 6.2455 20370401 360 359 1125000.00 17152027 5.6205 20370401 360 359 152900.00 17152028 5.9955 20370401 360 359 1920000.00 17152029 5.9955 20370401 360 359 592000.00 17151979 6.2455 20370301 360 358 980000.00 17151980 5.6205 20370301 360 358 275000.00 17151982 6.4955 20370301 360 358 662000.00 17151986 5.9955 20370301 360 358 440000.00 17151987 6.2455 20370301 360 358 588000.00 17151988 6.1205 20370301 360 358 510000.00 17151989 5.9955 20370301 360 358 448000.00 17151990 6.6455 20370301 360 358 325700.00 17151991 6.4955 20370301 360 358 161250.00 17151994 6.1205 20370301 360 358 468000.00 17152000 5.7455 20370301 360 358 1689000.00 17152001 6.1205 20370301 360 358 105000.00 17152003 6.4955 20370301 360 358 675000.00 17152004 5.9955 20370301 360 358 465000.00 17152006 6.1205 20370301 360 358 125800.00 17152008 6.1205 20370301 360 358 600000.00 17152009 6.2455 20370301 360 358 109600.00 17152010 5.9955 20370301 360 358 268000.00 17152011 5.4955 20370301 360 358 360000.00 17152012 5.7455 20370301 360 358 300000.00 17152013 5.6205 20370401 360 359 645000.00 17152015 6.1205 20370301 360 358 1000000.00 17151898 5.7455 20370301 360 358 310000.00 17151899 6.1205 20370301 360 358 495000.00 17151902 5.4955 20370301 360 358 308000.00 17151903 6.4955 20370301 360 358 200000.00 17151904 5.6205 20370301 360 358 467000.00 17151905 6.2455 20370301 360 358 1240800.00 17151906 6.2405 20370301 360 358 417000.00 17151908 6.2455 20370201 360 357 655000.00 17151909 6.2455 20370301 360 358 568000.00 17151910 5.7455 20370301 360 358 474500.00 17151916 6.6205 20370301 360 358 182850.00 17151921 5.7455 20370101 360 356 595000.00 17151923 5.6205 20370101 360 356 2470000.00 17151911 6.1205 20370401 360 359 927000.00 17151957 5.8705 20370301 360 358 477000.00 17151995 6.4955 20370301 360 358 760000.00 17153681 6.6205 20370301 360 358 460750.00 17153682 6.7455 20370301 360 358 256000.00 17153683 6.9955 20370301 360 358 364000.00 17153684 7.1205 20370301 360 358 282600.00 17153685 6.1205 20370401 360 359 400000.00 17153686 6.1205 20370401 360 359 260900.00 17153688 5.9955 20370301 360 358 272000.00 17153689 6.7455 20370301 360 358 180000.00 17153690 6.3705 20370301 360 358 568000.00 17153691 6.6205 20370301 360 358 630000.00 17153692 6.4955 20370301 360 358 604800.00 17153693 6.9955 20370301 360 358 110000.00 17153694 6.4955 20370301 360 358 580000.00 17153695 6.2455 20370301 360 358 418320.00 17153696 6.2455 20370301 360 358 485000.00 17153697 7.1205 20370301 360 358 640000.00 17153698 5.9955 20370301 360 358 554191.00 17153699 6.4955 20370301 360 358 136000.00 17153700 6.1205 20370301 360 358 65600.00 17153701 6.2455 20370301 360 358 356000.00 17153702 6.2455 20370301 360 358 150000.00 17153703 6.7455 20370401 360 359 360000.00 17153704 6.1205 20370301 360 358 245600.00 17153705 6.1205 20370301 360 358 199334.00 17153706 5.8705 20370301 360 358 172000.00 17153707 6.3705 20370301 360 358 377100.00 17153708 6.3705 20370301 360 358 343300.00 17153709 5.8705 20370301 360 358 240500.00 17153710 6.4955 20370301 360 358 288000.00 17153711 6.4955 20370301 360 358 156000.00 17153712 7.3705 20370301 360 358 204000.00 17153713 6.2455 20370301 360 358 496400.00 17153714 6.4955 20370301 360 358 1950000.00 17153715 6.1205 20370301 360 358 119700.00 17153716 6.4955 20370301 360 358 550000.00 17153717 6.3705 20370301 360 358 448500.00 17153718 6.9955 20370301 360 358 162000.00 17153719 6.3705 20370301 360 358 230000.00 17153720 6.2455 20370301 360 358 153750.00 17153721 6.6205 20370301 360 358 284792.00 17153722 7.2455 20370301 360 358 136566.00 17153723 6.6205 20370301 360 358 228792.00 17153726 5.7455 20370301 360 358 117750.00 17153727 5.9955 20370301 360 358 583500.00 17153728 6.6205 20370301 360 358 157177.00 17153729 6.9955 20370401 360 359 168300.00 17153537 6.2455 20370301 360 358 100000.00 17153539 7.1205 20370301 360 358 266000.00 17153540 6.3705 20370301 360 358 467120.00 17153541 6.2455 20370201 360 357 272000.00 17153542 6.2455 20370301 360 358 244000.00 17153543 6.2455 20370201 360 357 268000.00 17153544 6.3705 20370201 360 357 520000.00 17153545 6.4955 20370201 360 357 200000.00 17153546 5.7455 20370201 360 357 118480.00 17153547 6.3705 20370201 360 357 516750.00 17153548 7.2455 20370201 360 357 172000.00 17153549 6.1205 20370201 360 357 516000.00 17153550 6.1205 20370301 360 358 336000.00 17153551 5.4955 20370301 360 358 544000.00 17153552 5.8705 20370301 360 358 328000.00 17153553 6.1205 20370101 360 356 206000.00 17153554 5.8705 20370201 360 357 200000.00 17153556 6.1205 20370301 360 358 224000.00 17153557 4.6205 20370301 360 358 298632.00 17153558 6.2455 20370201 360 357 215650.00 17153559 7.1205 20370201 360 357 507093.00 17153560 6.1205 20370301 360 358 1237500.00 17153561 6.4955 20370301 360 358 111920.00 17153562 5.6205 20370201 360 357 210000.00 17153563 5.9955 20370301 360 358 206500.00 17153564 7.2455 20370201 360 357 427500.00 17153565 5.8705 20370201 360 357 570000.00 17153566 6.4955 20370201 360 357 252000.00 17153567 6.2455 20370201 360 357 235920.00 17153568 6.2455 20370201 360 357 332000.00 17153569 6.3705 20370301 360 358 560000.00 17153570 6.1205 20370301 360 358 249750.00 17153571 6.1205 20370301 360 358 233000.00 17153572 6.1205 20370201 360 357 189000.00 17153573 6.1205 20370301 360 358 260000.00 17153575 6.7455 20370301 360 358 584000.00 17153576 6.2455 20370201 360 357 253000.00 17153577 7.2455 20370201 360 357 164000.00 17153578 5.7455 20370201 360 357 1360000.00 17153579 6.9955 20370201 360 357 216750.00 17153580 6.3705 20370301 360 358 2200000.00 17153581 5.9955 20370401 360 359 369840.00 17153582 5.9955 20370301 360 358 219450.00 17153583 6.2455 20370301 360 358 202150.00 17153584 6.4955 20370301 360 358 248000.00 17153585 6.2455 20370301 360 358 375000.00 17153586 5.9955 20370201 360 357 365000.00 17153587 6.1205 20370301 360 358 163800.00 17153588 6.1205 20370201 360 357 319200.00 17153589 5.6205 20370201 360 357 266000.00 17153591 6.6205 20370201 360 357 420000.00 17153592 6.2455 20370301 360 358 227162.00 17153593 5.3705 20370301 360 358 444493.00 17153596 6.1205 20370301 360 358 210000.00 17153597 6.2455 20370201 360 357 393000.00 17153598 6.1205 20370201 360 357 271000.00 17153599 5.8705 20370201 360 357 450000.00 17153600 5.8705 20370301 360 358 499900.00 17153601 7.3705 20370301 360 358 607750.00 17153602 7.2455 20370301 360 358 192500.00 17153603 6.2455 20370201 360 357 460000.00 17153604 6.3705 20370301 360 358 368000.00 17153605 6.1205 20370301 360 358 370500.00 17153606 6.3705 20370401 360 359 232000.00 17153608 6.7455 20370301 360 358 130400.00 17153609 5.9955 20370201 360 357 312000.00 17153610 6.3705 20370301 360 358 225000.00 17153611 6.4955 20370301 360 358 519750.00 17153612 6.1205 20370301 360 358 241600.00 17153613 6.2455 20370201 360 357 484000.00 17153614 5.9955 20370301 360 358 1705000.00 17153615 6.6205 20370301 360 358 880000.00 17153616 6.2455 20370301 360 358 46872.00 17153617 5.8705 20370301 360 358 435000.00 17153618 6.2455 20370201 360 357 236000.00 17153619 6.1205 20370301 360 358 370000.00 17153620 5.7455 20370301 360 358 280000.00 17153622 6.2455 20370301 360 358 202425.00 17153623 5.9955 20370301 360 358 760000.00 17153624 6.4955 20370301 360 358 375000.00 17153625 6.1205 20370301 360 358 725000.00 17153626 6.2455 20370301 360 358 500000.00 17153627 6.8705 20370301 360 358 196200.00 17153629 6.4955 20370301 360 358 182000.00 17153631 6.2455 20370301 360 358 528500.00 17153632 6.2455 20370301 360 358 432000.00 17153633 6.3705 20370401 360 359 240000.00 17153636 5.9955 20370301 360 358 275000.00 17153637 6.1205 20370301 360 358 680000.00 17153638 7.1205 20370301 360 358 200000.00 17153639 6.6205 20370301 360 358 247120.00 17153640 5.9955 20370201 360 357 1000000.00 17153641 6.2455 20370301 360 358 787500.00 17153643 6.1205 20370301 360 358 624000.00 17153644 5.9955 20370301 360 358 243375.00 17153645 7.2455 20370401 360 359 108000.00 17153646 6.7455 20370301 360 358 795000.00 17153647 6.4955 20370301 360 358 302250.00 17153648 6.3705 20370301 360 358 480000.00 17153649 6.2455 20370301 360 358 333000.00 17153650 7.1205 20370301 360 358 260000.00 17153651 6.9955 20370301 360 358 128000.00 17153652 6.2455 20370301 360 358 243450.00 17153653 6.6205 20370301 360 358 448000.00 17153654 6.1205 20370301 360 358 184000.00 17153655 6.4955 20370301 360 358 1078000.00 17153656 5.9955 20370301 360 358 407500.00 17153657 5.7455 20370201 360 357 622000.00 17153658 6.1205 20370301 360 358 163000.00 17153659 6.4955 20370301 360 358 195000.00 17153660 6.4955 20370301 360 358 213000.00 17153661 6.6205 20370301 360 358 243000.00 17153662 5.9955 20370301 360 358 463200.00 17153663 7.1205 20370301 360 358 339500.00 17153664 5.2455 20370301 360 358 220000.00 17153665 6.3705 20370301 360 358 137000.00 17153666 6.8705 20370301 360 358 260000.00 17153667 6.3705 20370301 360 358 300000.00 17153668 6.6205 20370301 360 358 156000.00 17153669 6.3705 20370301 360 358 543757.00 17153670 5.6205 20370301 360 358 356000.00 17153672 6.3705 20370301 360 358 400000.00 17153674 6.1205 20370301 360 358 423400.00 17153675 6.8705 20370301 360 358 412300.00 17153676 6.1205 20370301 360 358 307000.00 17153677 5.9955 20370301 360 358 616000.00 17153679 6.2455 20370301 360 358 288000.00 17153680 7.3705 20370301 360 358 148000.00 17153494 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20370501 360 360 716000.00 17233456 6.1955 20370501 360 360 427500.00 17233381 5.5705 20370501 360 360 520000.00 17233432 6.0705 20370501 360 360 475040.00 17233433 5.9455 20370501 360 360 672600.00 17233190 6.3205 20370501 360 360 488000.00 17233193 6.1955 20370401 360 359 999375.00 17233438 6.0705 20370501 360 360 731200.00 17233195 5.5705 20370501 360 360 1050000.00 17233196 5.6955 20370501 360 360 710000.00 17233359 5.9455 20370501 360 360 444000.00 17233198 5.6955 20370401 360 359 429000.00 17233360 6.0705 20370501 360 360 688000.00 17233361 6.0705 20370501 360 360 604000.00 17233364 6.0705 20370501 360 360 850000.00 17233366 6.6955 20370501 360 360 945000.00 17233367 6.1955 20370501 360 360 859000.00 17233180 6.6955 20370501 360 360 452000.00 17233424 6.0705 20370501 360 360 633000.00 17233343 6.5705 20370501 360 360 652000.00 17233344 6.5705 20370501 360 360 555000.00 17233345 5.8205 20370501 360 360 610000.00 17233184 5.6955 20370501 360 360 500000.00 17233185 5.4455 20370401 360 359 1064700.00 17233349 5.9455 20370501 360 360 1000000.00 17233189 6.1955 20370501 360 360 620000.00 17233084 6.1955 20370501 360 360 440000.00 17233327 6.0705 20370501 360 360 790000.00 17233166 6.1955 20370501 360 360 619000.00 17233086 6.0705 20370501 360 360 420800.00 17233167 6.0705 20370501 360 360 494400.00 17233087 6.0705 20370401 360 359 422000.00 17233088 6.0705 20370401 360 359 650000.00 17233169 6.0705 20370501 360 360 450000.00 17233089 5.9455 20370401 360 359 1000000.00 17233413 6.5705 20370501 360 360 484000.00 17233170 6.0705 20370401 360 359 546000.00 17233171 5.8205 20370501 360 360 524000.00 17233333 6.4455 20470501 480 480 496788.00 17233091 5.8205 20370501 360 360 497450.00 17233092 5.8205 20370301 360 358 790000.00 17233173 6.0705 20370501 360 360 560000.00 17233335 6.5705 20370501 360 360 650000.00 17233093 6.0705 20370401 360 359 815200.00 17233174 8.0705 20370501 360 360 660000.00 17233094 6.1955 20370501 360 360 620000.00 17233337 6.1955 20370501 360 360 475000.00 17233095 6.0705 20370501 360 360 488000.00 17233176 5.6955 20370501 360 360 859000.00 17233177 5.8205 20370501 360 360 748720.00 17233178 5.9455 20370501 360 360 784000.00 17233179 5.8205 20370501 360 360 455000.00 17233151 6.3205 20370501 360 360 577500.00 17233071 6.0705 20370501 360 360 429000.00 17233072 6.0705 20370501 360 360 450000.00 17233073 5.6955 20370501 360 360 682000.00 17233154 5.5705 20370501 360 360 492000.00 17233074 5.9455 20370401 360 359 1760000.00 17233075 6.0705 20370401 360 359 468500.00 17233156 6.0705 20370501 360 360 420000.00 17233076 6.1955 20370201 360 357 432000.00 17233319 6.0705 20370501 360 360 580000.00 17233158 6.4455 20370501 360 360 420000.00 17233078 5.9455 20370501 360 360 468000.00 17233159 6.0705 20370501 360 360 840000.00 17233080 5.6955 20370401 360 359 446000.00 17233081 6.3205 20370501 360 360 479200.00 17233162 6.0705 20370501 360 360 448000.00 17233324 6.4455 20370501 360 360 668000.00 17233406 6.6955 20370501 360 360 1660000.00 17233083 5.8205 20370401 360 359 942000.00 17233407 5.6955 20370501 360 360 880000.00 17233164 5.3205 20370401 360 359 760392.00 17233069 5.9455 20370501 360 360 432792.00 17233150 5.9455 20370501 360 360 650000.00 17233067 6.0705 20370401 360 359 628800.00 17233149 6.1955 20370401 360 359 553000.00 17233066 5.9455 20370501 360 360 650000.00 17233309 6.0705 20370501 360 360 625000.00 17233141 6.0705 20370401 360 359 645000.00 17233142 6.4455 20370401 360 359 535000.00 17233304 6.4455 20370501 360 360 648000.00 17233063 6.1955 20370501 360 360 461600.00 17233144 6.0705 20370401 360 359 490000.00 17233064 6.1955 20370501 360 360 556000.00 17233145 7.3205 20370401 360 359 760000.00 17233058 6.0705 20370501 360 360 735000.00 17233059 5.3205 20370501 360 360 570251.00 17233300 6.4455 20370501 360 360 873000.00 17233301 5.8205 20370501 360 360 873500.00 17233140 5.8205 20370401 360 359 605116.00 17233302 5.9455 20370501 360 360 840000.00 17233060 5.9455 20370201 360 357 670000.00 17233051 6.0705 20370401 360 359 430000.00 17233132 6.6955 20370401 360 359 456000.00 17233052 5.8205 20370401 360 359 588000.00 17233133 6.5705 20370401 360 359 650000.00 17233054 6.1955 20370501 360 360 596000.00 17233135 6.5705 20370501 360 360 440000.00 17233136 5.9455 20370401 360 359 456000.00 17233056 6.0705 20370501 360 360 650000.00 17233137 6.0705 20370501 360 360 650000.00 17233047 6.0705 20370401 360 359 1925000.00 17233128 6.3205 20370501 360 360 453750.00 17233129 5.6955 20370501 360 360 439000.00 17233049 6.3205 20370501 360 360 450000.00 17233130 6.4455 20370401 360 359 708000.00 17233050 6.1955 20370401 360 359 630000.00 17233285 5.8205 20370501 360 360 1076000.00 17233288 5.4455 20370501 360 360 492800.00 17233290 6.0705 20370501 360 360 741000.00 17233292 6.1955 20370501 360 360 505000.00 17233293 5.9455 20370501 360 360 764000.00 17233295 5.8205 20370401 360 359 720000.00 17233296 6.0705 20370501 360 360 620000.00 17232973 5.9455 20370101 360 356 1591730.00 17232974 6.4455 20370401 360 359 980000.00 17232977 6.0705 20370401 360 359 618958.87 17232979 5.8205 20370501 360 360 519000.00 17232980 5.6955 20370301 360 358 1200000.00 17232981 5.3205 20370501 360 360 424000.00 17232982 6.0705 20370501 360 360 668000.00 17232983 6.0705 20370301 360 358 949095.34 17232985 6.4455 20370501 360 360 465760.00 17232986 6.1955 20370501 360 360 677918.00 17232987 6.3205 20370301 360 358 2708125.00 17232988 6.1955 20370401 360 359 1024000.00 17232989 6.3205 20370401 360 359 1155000.00 17232990 6.4455 20370301 360 358 522500.00 17232991 6.1955 20370301 360 358 508000.00 17232992 6.1955 20370201 360 357 532000.00 17232994 5.6955 20370401 360 359 523100.00 17232996 5.8205 20370401 360 359 450000.00 17232997 6.0705 20370401 360 359 560000.00 17232998 5.8205 20370501 360 360 536000.00 17232999 5.9455 20370401 360 359 580000.00 17233206 6.0705 20370401 360 359 485000.00 17233211 6.6955 20370501 360 360 636000.00 17233212 6.3205 20370401 360 359 2800000.00 17233214 5.6955 20370401 360 359 492000.00 17233216 5.8205 20370501 360 360 514400.00 17233218 5.5705 20370401 360 359 919200.00 17233219 6.0705 20370501 360 360 500000.00 17233221 5.3205 20370401 360 359 490000.00 17233233 6.3205 20370501 360 360 475900.00 17233235 5.4455 20370501 360 360 485000.00 17233236 6.0705 20370501 360 360 620000.00 17233240 6.0705 20370501 360 360 532000.00 17233241 5.8205 20370401 360 359 475000.00 17233242 5.3205 20370501 360 360 538600.00 17233243 5.8205 20370401 360 359 460000.00 17233245 5.8205 20370501 360 360 664000.00 17233249 6.1955 20370401 360 359 689500.00 17233251 5.9455 20370501 360 360 516000.00 17233252 5.6955 20370401 360 359 635300.00 17233253 6.1955 20370501 360 360 508000.00 17233254 6.1955 20370501 360 360 680000.00 17233256 5.9455 20370401 360 359 960000.00 17233257 5.8205 20370501 360 360 468000.00 17233260 5.6955 20370501 360 360 580000.00 17233262 6.0705 20370501 360 360 472000.00 17233264 6.1955 20370501 360 360 552400.00 17233265 5.8205 20370501 360 360 868000.00 17233266 6.6955 20370501 360 360 674400.00 17233267 5.6955 20370401 360 359 529000.00 17233268 5.6955 20370401 360 359 570000.00 17233269 5.6955 20370501 360 360 847200.00 17233271 6.0705 20370401 360 359 624000.00 17233272 5.9455 20370501 360 360 481000.00 17233273 6.4455 20370501 360 360 566200.00 17233274 6.0705 20370501 360 360 650000.00 17233275 5.6955 20370501 360 360 452000.00 17233280 5.6955 20370501 360 360 714000.00 17233282 6.0705 20370501 360 360 688000.00 17247265 5.3205 20370501 360 360 509560.00 17244992 5.9455 20370501 360 360 944000.00 17244993 6.0705 20370401 360 359 440000.00 17244994 5.8205 20370401 360 359 824550.00 17244995 5.3205 20470401 480 479 600000.00 17244996 5.9455 20370501 360 360 467000.00 17244997 7.1955 20370501 360 360 1000000.00 17244998 6.0705 20370401 360 359 460000.00 17244999 5.5705 20370501 360 360 470000.00 17244990 6.4455 20370401 360 359 775000.00 17244991 6.0705 20370401 360 359 424000.00 17247375 6.1955 20370601 360 360 748800.00 17247295 5.8205 20370501 360 360 650000.00 17247376 6.3205 20370501 360 360 956200.00 17247296 5.4455 20370501 360 360 573750.00 17247377 5.8205 20370601 360 360 500000.00 17247381 6.3205 20370601 360 360 500000.00 17247382 6.3205 20370401 360 359 495655.10 17247374 5.8205 20370501 360 360 752000.00 17247370 6.8205 20370501 360 360 462000.00 17247290 6.3205 20370601 360 360 744000.00 17247367 6.5705 20370601 360 360 800000.00 17247286 5.8205 20370501 360 360 482616.00 17247283 5.3205 20370501 360 360 472500.00 17247261 5.8205 20370501 360 360 1265000.00 17247343 5.9455 20370601 360 360 604000.00 17247344 5.6955 20370501 360 360 640000.00 17247263 6.1955 20370501 360 360 512000.00 17247266 4.9455 20370501 360 360 502410.00 17247349 6.5705 20370601 360 360 452000.00 17247268 6.0705 20370501 360 360 487154.00 17247269 5.6955 20370601 360 360 600000.00 17247350 5.4455 20370501 360 360 661500.00 17247271 5.8205 20370501 360 360 476000.00 17247273 5.9455 20370401 360 359 650000.00 17247274 6.0705 20370501 360 360 519000.00 17247276 5.3205 20370501 360 360 640000.00 17247357 6.0705 20370601 360 360 560000.00 17247197 6.1955 20370401 360 359 712660.00 17247198 5.6955 20370401 360 359 1388432.18 17247279 6.0705 20370501 360 360 643200.00 17247280 6.0705 20370601 360 360 462160.00 17247282 5.5705 20370501 360 360 485000.00 17247320 5.6955 20370501 360 360 900000.00 17247321 5.6955 20370501 360 360 530000.00 17247240 5.3205 20370401 360 359 660000.00 17247241 5.8205 20370501 360 360 452104.00 17247242 5.6955 20370501 360 360 426000.00 17247243 5.6955 20370501 360 360 738000.00 17247254 5.1955 20370401 360 359 685600.00 17247335 4.8205 20370601 360 360 900000.00 17247326 5.4455 20370501 360 360 444524.00 17247246 5.6955 20370501 360 360 628750.00 17247247 5.0705 20370501 360 360 603500.00 17247329 8.0705 20370501 360 360 568000.00 17247317 5.9455 20370501 360 360 995000.00 17247236 5.3205 20370601 360 360 524000.00 17247318 5.6955 20370501 360 360 640000.00 17247238 5.6955 20370501 360 360 496000.00 17247311 4.8205 20370501 360 360 490000.00 17247230 6.1955 20370501 360 360 571992.00 17247231 5.9455 20370401 360 359 510000.00 17247234 5.3205 20370601 360 360 744000.00 17256615 6.0705 20370601 360 360 528000.00 17256616 5.9455 20370601 360 360 500000.00 17256617 5.4455 20370601 360 360 500900.00 17256609 6.3205 20370601 360 360 472000.00 17256618 5.5705 20370601 360 360 860000.00 17256619 5.6955 20370601 360 360 1000000.00 17256610 5.9455 20370601 360 360 536000.00 17256611 5.5705 20370501 360 360 639960.00 17256613 5.6955 20370601 360 360 510000.00 17255906 5.6955 20370601 360 360 759901.00 17255907 5.9455 20370601 360 360 560000.00 17255917 6.3205 20370601 360 360 584000.00 17255908 5.4455 20370601 360 360 640000.00 17255918 6.1955 20370601 360 360 650000.00 17255909 5.6955 20370601 360 360 728000.00 17255919 6.1955 20370601 360 360 556000.00 17255885 5.6955 20370501 360 360 560000.00 17255894 6.0705 20370501 360 360 650000.00 17255896 5.5705 20370501 360 360 650000.00 17255887 5.9455 20370601 360 360 1312000.00 17255888 6.1955 20370601 360 360 992000.00 17255898 4.8205 20370601 360 360 448684.00 17255899 5.9455 20370601 360 360 624000.00 17255914 6.5705 20370601 360 360 507500.00 17255915 5.8205 20370601 360 360 608000.00 17255916 6.1955 20370601 360 360 560000.00 17255912 6.1955 20370601 360 360 464000.00 17255913 6.1955 20370601 360 360 540000.00 17255904 6.0705 20370601 360 360 645826.00 17255905 6.1955 20370601 360 360 447500.00 17255882 5.9455 20370401 360 359 707000.00 17255883 5.6955 20370601 360 360 465000.00 17255884 5.4455 20370601 360 360 575000.00 17255886 5.5705 20370601 360 360 1000000.00 17255889 6.1955 20370501 360 360 768000.00 17255910 6.0705 20370601 360 360 425600.00 17255911 5.6955 20370601 360 360 462500.00 17255897 4.8205 20370501 360 360 675000.00 17255900 5.6955 20370601 360 360 545000.00 17255901 5.5705 20370601 360 360 542400.00 17255902 5.6955 20370601 360 360 472500.00 17255903 6.0705 20370601 360 360 475000.00 17255880 5.9455 20370501 360 360 650167.00 17255881 6.3205 20370501 360 360 999999.00 17255895 6.1955 20370501 360 360 952000.00 17255891 5.6955 20370501 360 360 487200.00 17255893 5.9455 20370501 360 360 500000.00 17255890 5.8205 20370501 360 360 580000.00 17250575 5.8205 20370601 360 360 436000.00 17250577 5.9455 20370601 360 360 540000.00 17250578 6.4455 20370601 360 360 1089750.00 17250570 6.4455 20370501 360 360 852350.00 17250562 6.0705 20370601 360 360 514000.00 17247202 5.3205 20370501 360 360 752580.00 17247203 5.8205 20370501 360 360 734900.00 17247208 6.1955 20370401 360 359 544900.32 17247209 6.1955 20370401 360 359 440485.00 17247210 6.0705 20361201 360 355 495000.00 17247211 6.1955 20370401 360 359 456000.00 17247212 6.0705 20370401 360 359 505600.00 17247214 6.0705 20370401 360 359 445400.00 17247216 5.0705 20370401 360 359 926450.00 17247300 4.9455 20370501 360 360 880000.00 17247302 6.3205 20370501 360 360 524000.00 17247221 5.6955 20370501 360 360 559000.00 17247222 5.8205 20370501 360 360 480000.00 17247303 6.1955 20370501 360 360 464000.00 17247304 5.6955 20370601 360 360 1389000.00 17247223 5.8205 20370501 360 360 450000.00 17247224 5.0705 20370501 360 360 750000.00 17247306 6.4455 20370501 360 360 459600.00 17244962 5.6955 20370401 360 359 856000.00 17245030 5.9455 20370501 360 360 490936.00 17245031 6.5705 20370501 360 360 504500.00 17245032 6.0705 20370501 360 360 519000.00 17245033 6.0705 20370501 360 360 860000.00 17245034 7.0705 20370501 360 360 465000.00 17245035 5.9455 20370501 360 360 490000.00 17245036 5.9455 20370501 360 360 604000.00 17245037 6.0705 20370501 360 360 662000.00 17245038 6.0705 20370501 360 360 432000.00 17245039 5.9455 20370501 360 360 621500.00 17245040 5.4455 20370501 360 360 484000.00 17245041 5.5705 20370501 360 360 746000.00 17245042 6.3205 20370501 360 360 426185.00 17245043 5.9455 20370501 360 360 680000.00 17245044 5.6955 20370501 360 360 487500.00 17245045 5.3205 20370501 360 360 500000.00 17245046 5.9455 20370501 360 360 639920.00 17245047 8.0705 20370501 360 360 473284.00 17245048 6.1955 20370501 360 360 480000.00 17245049 6.0705 20370601 360 360 889950.00 17245050 6.3205 20370301 360 358 447816.00 17245016 6.1955 20370501 360 360 506400.00 17245017 6.1955 20370501 360 360 549600.00 17245018 5.6955 20370501 360 360 428000.00 17245019 6.0705 20370501 360 360 480000.00 17245020 5.9455 20370501 360 360 479200.00 17245021 5.5705 20370501 360 360 432000.00 17245022 6.0705 20370501 360 360 984800.00 17245023 5.9455 20370501 360 360 468792.00 17245025 6.5705 20370501 360 360 460000.00 17245026 5.8205 20370501 360 360 447000.00 17245027 5.5705 20370501 360 360 765000.00 17245028 6.3205 20370501 360 360 460000.00 17245029 5.9455 20370501 360 360 447000.00 17245004 5.9455 20370501 360 360 1000000.00 17245005 5.6955 20370501 360 360 715000.00 17245006 5.4455 20370501 360 360 971440.00 17245007 5.8205 20370501 360 360 928000.00 17245008 5.9455 20370501 360 360 712000.00 17245009 6.5705 20370501 360 360 420000.00 17245010 5.6955 20370601 360 360 1346250.00 17245011 5.3205 20370501 360 360 720000.00 17245012 6.1955 20370501 360 360 1977500.00 17245013 5.6955 20370501 360 360 595000.00 17245014 6.1955 20370501 360 360 867000.00 17245015 5.8205 20370501 360 360 600000.00 17245000 4.8205 20370501 360 360 456720.00 17245001 5.8205 20370501 360 360 479000.00 17245002 6.0705 20370501 360 360 980000.00 17245003 5.8205 20370501 360 360 736000.00 17250580 6.1955 20370601 360 360 800000.00 17250571 5.6955 20370601 360 360 658900.00 17250569 5.6955 20370501 360 360 475000.00 17250579 5.6955 20370601 360 360 800100.00 17250560 5.3205 20370501 360 360 507125.00 17250561 6.0705 20370601 360 360 650000.00 17250558 5.8205 20370501 360 360 1000000.00 17250567 5.4455 20370501 360 360 508080.00 17250568 5.5705 20370501 360 360 599000.00 17250566 5.3205 20370501 360 360 624650.00 17250576 6.0705 20370601 360 360 436000.00 17250572 5.6955 20370601 360 360 840000.00 17250557 5.0705 20370501 360 360 955950.00 17250563 5.5705 20370601 360 360 732000.00 17250581 5.6955 20370601 360 360 511600.00 17250573 6.1955 20370601 360 360 639920.00 17250564 6.4455 20370501 360 360 445730.00 17250574 6.4455 20370601 360 360 496000.00 17250565 5.6955 20370501 360 360 515000.00 17244984 6.0705 20370501 360 360 585000.00 17244985 5.8205 20370501 360 360 485000.00 17244986 5.5705 20370401 360 359 828000.00 17244987 5.9455 20370401 360 359 1300000.00 17244988 5.6955 20370401 360 359 1000000.00 17244989 4.6955 20370401 360 359 1000000.00 17244935 6.1955 20370201 360 357 524721.25 17244936 6.1955 20370101 360 356 598850.00 17244937 6.6955 20370101 360 356 550185.00 17244938 6.0705 20370401 360 359 574556.99 17244939 6.1955 20370501 360 360 480000.00 17244940 5.6955 20370501 360 360 1304888.00 17244941 6.1955 20370501 360 360 860000.00 17244942 6.3205 20360801 360 351 972000.00 17244943 6.1955 20370501 360 360 466949.00 17244944 6.0705 20370101 360 356 648000.00 17244945 6.0705 20370401 360 359 487863.00 17244946 5.9455 20370301 360 358 591200.00 17244947 5.6955 20370401 360 359 1000000.00 17244948 5.5705 20370401 360 359 632000.00 17244949 6.0705 20370401 360 359 425000.00 17244950 6.0705 20370501 360 360 800000.00 17244951 5.8205 20370401 360 359 728000.00 17244952 5.4455 20370401 360 359 471810.00 17244953 5.8205 20370401 360 359 598500.00 17244954 6.1955 20370401 360 359 494000.00 17244955 5.9455 20370401 360 359 466380.00 17244956 5.8205 20370401 360 359 445000.00 17244957 5.6955 20370401 360 359 1025000.00 17244958 5.4455 20370401 360 359 467150.00 17244959 5.9455 20370501 360 360 536250.00 17244960 6.0705 20370401 360 359 550000.00 17244961 5.9455 20370401 360 359 957200.00 17244963 5.5705 20370401 360 359 1100000.00 17244964 5.8205 20370501 360 360 576000.00 17244965 5.8205 20370401 360 359 920000.00 17244966 5.9455 20370501 360 360 481600.00 17244967 5.6955 20370401 360 359 430800.00 17244968 5.5705 20370401 360 359 493000.00 17244969 5.6955 20361201 360 355 1000000.00 17244970 5.6955 20370501 360 360 459780.00 17244971 5.5705 20370401 360 359 480000.00 17244972 5.3205 20370501 360 360 697920.00 17244973 6.0705 20370501 360 360 442000.00 17244974 6.1955 20370301 360 358 1392000.00 17244975 5.3205 20370501 360 360 500000.00 17244976 5.9455 20370501 360 360 1146500.00 17244977 6.1955 20370501 360 360 945000.00 17244978 6.3205 20370501 360 360 519200.00 17244979 5.8205 20370601 360 360 1980000.00 17244980 5.6955 20370501 360 360 470000.00 17244981 5.5705 20370501 360 360 637600.00 17244982 6.3205 20370501 360 360 1500000.00 17244983 5.9455 20370501 360 360 464000.00 17256703 5.8205 20370601 360 360 1400000.00 17256709 6.3205 20370601 360 360 528000.00 17233121 6.0705 20370501 360 360 811500.00 17233122 5.5705 20370501 360 360 720000.00 17233126 5.9455 20370401 360 359 973000.00 17233117 5.9455 20370401 360 359 574000.00 17233037 5.8205 20370401 360 359 700000.00 17233460 5.9455 20370501 360 360 464500.00 17233451 6.4455 20370501 360 360 452362.00 17233111 5.4455 20370301 360 358 672000.00 17233031 5.5705 20370401 360 359 551722.00 17233112 5.5705 20370401 360 359 1000000.00 17247297 5.9455 20370501 360 360 440000.00 17247298 5.6955 20370601 360 360 480000.00 17247372 6.3205 20370501 360 360 650000.00 17247292 5.6955 20370501 360 360 452000.00 17233019 5.9455 20370401 360 359 1063000.00 17233103 5.9455 20370401 360 359 640000.00 17233104 6.1955 20370501 360 360 892000.00 17233026 5.8205 20370401 360 359 520000.00 17247366 6.1955 20370501 360 360 548000.00 17247285 6.0705 20370601 360 360 425000.00 17247368 6.3205 20370501 360 360 556000.00 17247369 6.1955 20370601 360 360 461600.00 17247363 6.0705 20370601 360 360 515602.00 17247364 5.9455 20370601 360 360 576000.00 17247341 6.3205 20370501 360 360 637000.00 17247262 5.8205 20370501 360 360 562000.00 17247345 5.6955 20370601 360 360 504195.00 17247347 6.3205 20370501 360 360 450000.00 17247267 5.9455 20370501 360 360 498750.00 17247352 5.9455 20370501 360 360 606400.00 17247354 6.3205 20370501 360 360 566000.00 17247275 5.9455 20370501 360 360 502000.00 17247359 6.1955 20370601 360 360 480000.00 17247360 6.1955 20370501 360 360 488000.00 17247361 6.1955 20370501 360 360 640000.00 17247281 5.9455 20370501 360 360 508000.00 17247323 5.9455 20370601 360 360 708000.00 17247325 5.9455 20370601 360 360 487200.00 17247250 6.3205 20370501 360 360 490000.00 17247334 6.3205 20370501 360 360 660000.00 17247337 6.0705 20370501 360 360 472000.00 17247257 6.1955 20370501 360 360 480000.00 17247245 5.5705 20370501 360 360 530000.00 17247330 5.6955 20370601 360 360 700000.00 17247229 5.9455 20370501 360 360 436720.00 17247232 6.0705 20370601 360 360 1000000.00 17247314 6.3205 20370601 360 360 475000.00 17247233 6.4455 20370601 360 360 607200.00 17247315 5.6955 20370501 360 360 616000.00 17247215 5.5705 20370301 360 358 622500.00 17233392 6.3205 20370501 360 360 517024.00 17233393 6.6955 20370501 360 360 484000.00 17233394 6.3205 20370501 360 360 452000.00 17233395 6.1955 20370501 360 360 552000.00 17233396 5.6955 20370501 360 360 591200.00 17233398 6.1955 20370501 360 360 495000.00 17233399 6.6955 20370501 360 360 492000.00 17247201 8.0705 20370601 360 360 436000.00 17247206 6.4455 20370501 360 360 437268.00 17247213 5.9455 20370401 360 359 1400000.00 17247301 6.0705 20370501 360 360 580000.00 17247305 5.5705 20370501 360 360 527775.00 17233370 5.9455 20370501 360 360 800000.00 17233453 6.0705 20370501 360 360 751540.00 17233372 5.4455 20370501 360 360 1100000.00 17233454 5.9455 20370501 360 360 500000.00 17233373 5.5705 20370501 360 360 623000.00 17233455 5.6955 20370501 360 360 548000.00 17233374 6.3205 20370501 360 360 495000.00 17233457 6.4455 20370501 360 360 596250.00 17233376 6.3205 20370601 360 360 613000.00 17233458 6.1955 20370501 360 360 548000.00 17233377 6.3205 20370501 360 360 548000.00 17233459 5.3205 20370501 360 360 1230000.00 17233378 6.4455 20370501 360 360 534800.00 17233379 6.0705 20370501 360 360 900000.00 17233461 6.4455 20470501 480 480 514400.00 17233462 6.0705 20370501 360 360 770000.00 17233464 6.4455 20370501 360 360 790000.00 17233383 5.8205 20370501 360 360 600000.00 17233384 6.3205 20370501 360 360 529900.00 17233466 5.5705 20370501 360 360 1280000.00 17233385 6.1955 20370501 360 360 432000.00 17233387 5.9455 20370501 360 360 465400.00 17233388 6.3205 20370501 360 360 559200.00 17233389 5.6955 20370501 360 360 560000.00 17233470 6.3205 20370501 360 360 600000.00 17233390 6.1955 20370501 360 360 500000.00 17233352 6.1955 20370401 360 359 573750.00 17233434 5.9455 20370501 360 360 452000.00 17233191 5.8205 20370501 360 360 1000000.00 17233353 5.9455 20370501 360 360 440000.00 17233435 6.5705 20370501 360 360 520000.00 17233192 5.9455 20370501 360 360 640000.00 17233354 5.9455 20370501 360 360 480000.00 17233436 6.5705 20370501 360 360 552000.00 17233355 6.0705 20370501 360 360 483750.00 17233437 6.1955 20370501 360 360 452000.00 17233356 6.3205 20370501 360 360 445000.00 17233439 6.0705 20370501 360 360 561500.00 17233199 6.1955 20370501 360 360 598000.00 17233440 6.4455 20370501 360 360 510000.00 17233441 7.1955 20370501 360 360 451600.00 17233443 6.1955 20370501 360 360 1000000.00 17233362 6.0705 20370501 360 360 500000.00 17233444 6.1955 20370501 360 360 505600.00 17233445 6.4455 20370501 360 360 716000.00 17233446 6.1955 20370501 360 360 440000.00 17233447 6.3205 20370501 360 360 473000.00 17233448 6.5705 20370501 360 360 700000.00 17233449 6.1955 20370501 360 360 436800.00 17233421 5.6955 20370501 360 360 850000.00 17233340 6.0705 20370501 360 360 479500.00 17233422 6.1955 20370501 360 360 451000.00 17233423 6.0705 20370501 360 360 690000.00 17233342 6.1955 20370501 360 360 447000.00 17233181 5.6955 20370401 360 359 624509.00 17233425 6.1955 20370501 360 360 505600.00 17233182 6.0705 20370501 360 360 600000.00 17233426 6.4455 20370501 360 360 512000.00 17233183 5.8205 20370501 360 360 930000.00 17233427 6.1955 20370501 360 360 536000.00 17233346 6.3205 20370501 360 360 510400.00 17233428 6.0705 20370501 360 360 430000.00 17233347 6.4455 20370501 360 360 510500.00 17233429 6.8205 20370501 360 360 500000.00 17233186 5.6955 20370501 360 360 495000.00 17233348 6.0705 20370501 360 360 490000.00 17233188 6.3205 20370501 360 360 553600.00 17233430 6.4455 20370501 360 360 692000.00 17233431 8.0705 20370501 360 360 619000.00 17233350 5.9455 20370401 360 359 432000.00 17233408 6.0705 20370501 360 360 668000.00 17233165 5.3205 20370501 360 360 706192.00 17233085 6.0705 20370501 360 360 812000.00 17233328 5.9455 20370501 360 360 675000.00 17233329 6.0705 20370501 360 360 480000.00 17233168 5.8205 20370501 360 360 1000000.00 17233410 6.0705 20370501 360 360 604800.00 17233411 6.1955 20370501 360 360 467920.00 17233412 6.0705 20370501 360 360 468000.00 17233331 6.1955 20370501 360 360 524000.00 17233332 6.1955 20370501 360 360 528000.00 17233414 6.4455 20370501 360 360 840000.00 17233090 5.6955 20370501 360 360 500000.00 17233415 6.1955 20370501 360 360 430000.00 17233172 6.1955 20370501 360 360 823200.00 17233334 6.3205 20370501 360 360 520000.00 17233416 6.0705 20370501 360 360 431000.00 17233417 5.6955 20370501 360 360 960000.00 17233336 5.9455 20370501 360 360 945000.00 17233418 5.8205 20370501 360 360 880000.00 17233175 8.0705 20370501 360 360 630000.00 17233419 6.1955 20370501 360 360 531500.00 17233338 6.0705 20370501 360 360 508000.00 17233339 6.6955 20370401 360 359 975000.00 17233098 6.0705 20370501 360 360 640000.00 17233099 5.9455 20370501 360 360 482000.00 17233420 5.8205 20370501 360 360 440000.00 17233314 6.3205 20370501 360 360 550000.00 17233153 5.8205 20370501 360 360 630000.00 17233316 6.1955 20370501 360 360 450000.00 17233155 5.9455 20370501 360 360 520000.00 17233317 5.6955 20370501 360 360 460000.00 17233318 6.5705 20370501 360 360 900000.00 17233157 4.8205 20370501 360 360 599590.00 17233077 6.0705 20370501 360 360 564000.00 17233400 6.3205 20370501 360 360 904000.00 17233401 6.0705 20370501 360 360 572000.00 17233320 6.1955 20370501 360 360 650000.00 17233402 5.6955 20370601 360 360 1500000.00 17233321 6.8205 20370501 360 360 500000.00 17233160 6.0705 20370501 360 360 920000.00 17233404 6.0705 20370501 360 360 799200.00 17233161 6.1955 20370401 360 359 464000.00 17233323 6.0705 20370501 360 360 500000.00 17233082 6.0705 20370501 360 360 496000.00 17233326 6.0705 20370501 360 360 432000.00 17233310 6.0705 20370501 360 360 818000.00 17233311 6.0705 20370501 360 360 1420000.00 17233312 6.1955 20370501 360 360 528000.00 17233070 5.4455 20370501 360 360 559200.00 17233313 6.0705 20370501 360 360 996000.00 17233148 6.1955 20370501 360 360 701600.00 17233061 6.0705 20370501 360 360 728900.00 17233143 6.3205 20370501 360 360 640000.00 17233305 6.1955 20370501 360 360 852000.00 17233306 6.0705 20370501 360 360 617000.00 17233307 6.0705 20370501 360 360 568000.00 17233138 6.1955 20370301 360 358 615960.00 17233303 5.6955 20370501 360 360 960000.00 17233053 5.8205 20370501 360 360 540000.00 17233134 5.4455 20370501 360 360 551150.00 17233055 5.8205 20370501 360 360 868000.00 17233057 6.0705 20370501 360 360 520000.00 17233131 6.3205 20370501 360 360 612000.00 17233284 5.9455 20370501 360 360 600000.00 17233287 5.3205 20370501 360 360 672000.00 17233289 6.1955 20370501 360 360 668500.00 17233291 6.6955 20370401 360 359 920000.00 17233294 6.1955 20370401 360 359 517000.00 17233297 6.1955 20370501 360 360 1750000.00 17233298 6.4455 20370501 360 360 1000000.00 17233299 6.4455 20370501 360 360 524800.00 17232984 6.1955 20370501 360 360 502400.00 17233201 5.8205 20370501 360 360 670000.00 17233202 5.3205 20370401 360 359 522420.00 17233203 5.8205 20370501 360 360 800000.00 17233205 5.8205 20370501 360 360 427500.00 17233208 5.6955 20370501 360 360 1180000.00 17233213 5.6955 20370501 360 360 750000.00 17233215 5.5705 20370501 360 360 479128.00 17233217 5.6955 20370501 360 360 767920.00 17233220 5.5705 20370501 360 360 550000.00 17233223 5.6955 20370501 360 360 600000.00 17233224 6.0705 20370501 360 360 540000.00 17233225 5.5705 20370401 360 359 480000.00 17233228 5.6955 20370501 360 360 1283300.00 17233230 5.6955 20370501 360 360 730000.00 17233231 6.0705 20370501 360 360 548000.00 17233232 6.0705 20370401 360 359 825300.00 17233234 5.6955 20370501 360 360 473000.00 17233237 5.8205 20370601 360 360 925000.00 17233244 5.5705 20370501 360 360 928000.00 17233246 5.8205 20370501 360 360 760000.00 17233247 6.0705 20370501 360 360 570000.00 17233248 6.0705 20370501 360 360 490000.00 17233258 5.8205 20370501 360 360 1000000.00 17233259 6.4455 20370501 360 360 560000.00 17233261 5.3205 20370501 360 360 920000.00 17233263 6.1955 20370501 360 360 480000.00 17233278 6.0705 20370501 360 360 1000000.00 17233281 5.5705 20370501 360 360 620000.00 17233035 6.0705 20370401 360 359 529000.00 17247378 6.1955 20370501 360 360 640000.00 17247379 5.9455 20370601 360 360 541996.00 17247299 5.9455 20370501 360 360 642250.00 17233027 5.6955 20370401 360 359 594450.00 17247339 6.6955 20370501 360 360 650000.00 17247260 6.3205 20370501 360 360 592000.00 17247264 5.8205 20470501 480 480 767900.00 17247358 5.8205 20370601 360 360 700000.00 17247244 6.0705 20370501 360 360 780000.00 17247332 6.8205 20370501 360 360 536000.00 17247336 5.6955 20370601 360 360 500000.00 17247338 6.1955 20370601 360 360 675000.00 17247249 6.6955 20370401 360 359 1000000.00 17247319 6.0705 20370601 360 360 1000000.00 17247239 6.6955 20370501 360 360 449664.00 17247313 6.0705 20370501 360 360 440000.00 17247307 5.6955 20370501 360 360 584000.00 17247308 6.1955 20370501 360 360 455000.00 17233473 6.5705 20370501 360 360 764000.00 17233474 6.5705 20370501 360 360 500000.00 17247200 5.4455 20370301 360 358 560312.00 17247205 6.0705 20370501 360 360 641113.46 17247207 6.5705 20370501 360 360 545635.92 17247220 6.5705 20370501 360 360 480000.00 17233450 6.5705 20370501 360 360 999950.00 17233371 6.4455 20370501 360 360 760000.00 17233375 6.5705 20370501 360 360 720000.00 17233380 6.1955 20370501 360 360 540000.00 17233463 6.1955 20370501 360 360 618000.00 17233382 5.8205 20370501 360 360 580000.00 17233386 5.4455 20370501 360 360 589000.00 17233468 6.1955 20370501 360 360 576000.00 17233469 5.9455 20370501 360 360 528000.00 17233471 6.3205 20370501 360 360 437000.00 17233472 6.1955 20370501 360 360 512000.00 17233194 5.9455 20370501 360 360 500000.00 17233357 5.8205 20370501 360 360 1100000.00 17233358 5.8205 20370501 360 360 467192.00 17233363 5.8205 20370501 360 360 789000.00 17233365 5.8205 20370501 360 360 840000.00 17233368 6.3205 20370501 360 360 600000.00 17233369 5.8205 20370501 360 360 1290000.00 17233341 6.1955 20370501 360 360 551250.00 17233187 6.4455 20370501 360 360 597832.00 17233351 6.0705 20370501 360 360 648000.00 17233330 5.9455 20370501 360 360 466000.00 17233152 6.5705 20370401 360 359 799950.00 17233315 5.9455 20370501 360 360 784680.00 17233079 5.8205 20370501 360 360 960000.00 17233403 5.6955 20370501 360 360 684000.00 17233322 6.5705 20370501 360 360 444000.00 17233405 6.1955 20370501 360 360 1000000.00 17233163 6.1955 20370501 360 360 604000.00 17233325 6.1955 20370501 360 360 500000.00 17233068 6.0705 20370501 360 360 671700.00 17233308 6.1955 20370501 360 360 444000.00 17233065 5.9455 20370301 360 358 1500000.00 17233146 5.9455 20370401 360 359 790000.00 17233139 6.1955 20370501 360 360 679000.00 17233048 5.9455 20370401 360 359 430000.00 17233283 5.8205 20370501 360 360 527950.00 17233286 6.3205 20370501 360 360 536000.00 17232995 5.9455 20370401 360 359 500000.00 17233200 6.3205 20370401 360 359 500000.00 17233207 6.1955 20370501 360 360 537000.00 17233210 6.0705 20370501 360 360 620000.00 17233222 6.0705 20370501 360 360 444000.00 17233227 5.9455 20370501 360 360 440000.00 17233229 5.9455 20370501 360 360 626800.00 17233238 6.0705 20370501 360 360 859000.00 17233239 6.4455 20370501 360 360 625000.00 17233250 6.0705 20370501 360 360 596000.00 17233255 6.1955 20370501 360 360 488000.00 17233270 6.0705 20370501 360 360 728000.00 17233276 6.0705 20370501 360 360 543483.00 17233279 5.9455 20370501 360 360 465000.00 17151971 6.4955 20370301 360 358 560000.00 17151933 6.1205 20370301 360 358 600000.00 17151935 5.3705 20370301 360 358 483750.00 17151950 6.2455 20370301 360 358 544000.00 17151953 6.1205 20370301 360 358 472000.00 17151974 6.2455 20370301 360 358 702000.00 17151981 6.3705 20370301 360 358 273750.00 17151983 6.1205 20370301 360 358 585000.00 17151992 5.9955 20370301 360 358 2325000.00 17152002 5.7455 20370301 360 358 625000.00 17152005 6.1205 20370301 360 358 329800.00 17151917 6.2455 20370401 360 359 1880000.00 17151913 5.8705 20370301 360 358 555400.00 17151976 5.9955 20370301 360 358 663200.00 17151998 6.4955 20370301 360 358 492000.00 17152007 6.1205 20370301 360 358 515000.00 LOAN_SEQ FIRST_PAY_DATE PAYMENT CURRENT_ LOAN_ MI BALANCE TO_VALUE ----------------------------------------------------------------------------------------------------------------------------------- 17151996 20070401 2687.50 516000.00 79.38 No MI 17151960 20070401 708.20 138750.00 75.00 No MI 17151912 20070301 2231.25 420000.00 73.68 No MI 17151914 20061201 1618.09 252965.67 80.00 No MI 17151922 20070201 2597.08 542000.00 59.89 No MI 17151924 20070301 1096.88 195000.00 62.90 No MI 17151926 20070201 3776.67 824000.00 80.00 No MI 17151927 20070201 2308.81 434600.00 68.29 No MI 17151929 20070201 1413.13 266000.00 79.88 No MI 17151931 20070201 1408.33 270400.00 80.00 No MI 17151946 20070301 1336.56 273000.00 73.78 No MI 17151925 20070401 2762.50 510000.00 78.46 No MI 17151928 20070401 4416.48 799966.67 57.14 No MI 17151930 20070401 998.74 187998.00 80.00 No MI 17151932 20070401 901.33 166400.00 80.00 No MI 17151934 20070401 5835.44 997856.97 30.07 No MI 17151937 20070401 1975.50 351200.00 80.00 No MI 17151938 20070401 2227.60 455000.00 55.15 No MI 17151939 20070401 2937.50 600000.00 46.15 No MI 17151940 20070401 1452.86 223613.20 80.00 No MI 17151941 20070401 3250.00 650000.00 61.90 No MI 17151942 20070401 4787.97 786464.31 80.00 No MI 17151943 20070401 2210.00 442000.00 78.93 No MI 17151944 20070401 3703.58 725600.00 80.00 No MI 17151945 20070401 3791.67 728000.00 77.45 No MI 17151947 20070501 13860.00 2464000.00 66.50 No MI 17151948 20070401 5312.50 1000000.00 79.05 No MI 17151949 20070401 5520.83 1000000.00 66.67 No MI 17151951 20070401 2250.00 450000.00 77.83 No MI 17151954 20070401 3845.00 648671.34 52.00 No MI 17151955 20070401 3666.67 640000.00 80.00 No MI 17151956 20070401 1253.75 236000.00 80.00 No MI 17151958 20070401 3402.60 695000.00 78.98 No MI 17151961 20070401 2500.00 500000.00 40.00 No MI 17151962 20070401 4063.54 830000.00 50.30 No MI 17151963 20070401 5541.74 1023090.88 80.00 No MI 17151964 20070401 2338.25 477600.00 80.00 No MI 17151965 20070501 3743.22 599444.28 41.38 No MI 17151967 20070401 3984.24 749973.84 60.00 No MI 17151969 20070401 1484.37 285000.00 67.54 No MI 17151970 20070401 1634.13 307600.00 80.00 No MI 17151972 20070401 2525.00 505000.00 73.19 No MI 17151973 20070401 2204.69 415000.00 78.30 No MI 17151975 20070401 807.81 165000.00 55.00 No MI 17151977 20070401 1645.83 316000.00 80.00 No MI 17151978 20070401 1972.87 402968.35 59.88 No MI 17152017 20070501 1071.87 210000.00 49.88 No MI 17152018 20070401 1875.00 360000.00 78.26 No MI 17152019 20070501 1135.33 231896.37 74.84 No MI 17152020 20070401 3134.97 699900.00 80.00 No MI 17152021 20070401 8281.25 1500000.00 80.00 No MI 17152022 20070401 5989.58 1149999.99 52.27 No MI 17152023 20070501 2858.33 559999.99 74.67 No MI 17152024 20070501 2655.99 542500.00 57.56 No MI 17152025 20070401 4500.00 960000.00 40.42 No MI 17152026 20070501 6093.75 1125000.00 75.00 No MI 17152027 20070501 748.57 152900.00 34.75 No MI 17152028 20070501 10000.00 1920000.00 80.00 No MI 17152029 20070501 3645.05 591438.28 80.00 No MI 17151979 20070401 5308.33 979999.99 57.65 No MI 17151980 20070401 1346.35 275000.00 37.67 No MI 17151982 20070401 3723.75 662000.00 79.76 No MI 17151986 20070401 2291.67 440000.00 80.00 No MI 17151987 20070401 3185.00 588000.00 79.46 No MI 17151988 20070401 2707.53 509653.14 75.00 No MI 17151989 20070401 2333.33 448000.00 80.00 No MI 17151990 20070401 2035.63 325700.00 90.00 PMI 17151991 20070401 907.03 161250.00 75.00 No MI 17151994 20070401 2486.25 468000.00 80.00 No MI 17152000 20070401 8445.00 1689000.00 63.50 No MI 17152001 20070401 557.82 105000.00 35.00 No MI 17152003 20070401 3796.88 675000.00 71.05 No MI 17152004 20070401 2421.87 465000.00 77.50 No MI 17152006 20070401 668.31 125800.00 74.00 No MI 17152008 20070401 3743.22 598627.46 77.92 No MI 17152009 20070401 593.67 109600.00 80.00 No MI 17152010 20070401 1395.83 268000.00 80.00 No MI 17152011 20070401 1723.68 359725.00 54.14 No MI 17152012 20070401 1499.50 299899.75 71.43 No MI 17152013 20070501 3815.42 644342.39 75.00 No MI 17152015 20070401 5312.45 999991.00 66.89 No MI 17151898 20070401 1550.00 310000.00 58.49 No MI 17151899 20070401 2629.69 495000.00 75.00 No MI 17151902 20070401 1475.83 308000.00 79.18 No MI 17151903 20070401 1125.00 200000.00 50.00 No MI 17151904 20070401 2762.48 466045.41 56.40 No MI 17151905 20070401 6721.00 1240800.00 80.00 No MI 17151906 20070401 2389.06 417000.00 88.72 PMI 17151908 20070301 3547.92 655000.00 54.58 No MI 17151909 20070401 3590.15 566970.26 80.00 No MI 17151910 20070401 2844.87 473552.90 68.77 No MI 17151916 20070401 1047.58 182850.00 80.00 No MI 17151921 20070201 2974.75 594949.88 59.50 No MI 17151923 20070201 14610.98 2459852.70 65.00 No MI 17151911 20070501 4924.69 927000.00 68.67 No MI 17151957 20070401 2898.30 476070.41 39.75 No MI 17151995 20070401 4275.00 760000.00 80.00 No MI 17153681 20070401 2639.71 460750.00 95.00 PMI 17153682 20070401 1491.81 255738.31 80.00 No MI 17153683 20070401 2199.17 364000.00 80.00 No MI 17153684 20070401 1736.81 282600.00 89.82 PMI 17153685 20070501 2495.48 399629.52 64.00 No MI 17153686 20070501 1386.03 260900.00 79.91 No MI 17153688 20070401 1416.67 272000.00 79.42 No MI 17153689 20070401 1049.39 179894.98 80.00 No MI 17153690 20070401 3135.83 568000.00 80.00 No MI 17153691 20070401 3609.38 630000.00 73.68 No MI 17153692 20070401 3922.72 603755.63 80.00 No MI 17153693 20070401 664.58 110000.00 55.00 No MI 17153694 20070401 3262.29 579962.50 79.56 No MI 17153695 20070401 2644.07 417561.61 80.00 No MI 17153696 20070401 2627.08 485000.00 72.93 No MI 17153697 20070401 3932.72 639900.00 80.00 No MI 17153698 20070401 2886.41 554191.00 57.43 No MI 17153699 20070401 882.09 135765.16 54.62 No MI 17153700 20070401 348.50 65600.00 80.00 No MI 17153701 20070401 1928.33 356000.00 80.00 No MI 17153702 20070401 812.50 150000.00 49.18 No MI 17153703 20070501 2100.00 360000.00 80.00 No MI 17153704 20070401 1304.75 245600.00 80.00 No MI 17153705 20070401 1057.46 199051.17 80.00 No MI 17153706 20070401 877.92 172000.00 80.00 No MI 17153707 20070401 2081.91 377100.00 90.00 PMI 17153708 20070401 1895.30 343300.00 76.29 No MI 17153709 20070401 1227.55 240500.00 37.00 No MI 17153710 20070401 1620.00 288000.00 80.00 No MI 17153711 20070401 877.38 155979.04 80.00 No MI 17153712 20070401 1296.25 204000.00 75.58 No MI 17153713 20070401 2687.14 496086.52 80.00 No MI 17153714 20070401 10968.75 1950000.00 61.90 No MI 17153715 20070401 635.91 119700.00 90.00 PMI 17153716 20070401 3093.75 550000.00 76.92 No MI 17153717 20070401 2476.07 448496.23 65.00 No MI 17153718 20070401 978.45 161951.06 90.00 PMI 17153719 20070401 1269.79 230000.00 79.58 No MI 17153720 20070401 832.81 153750.00 75.00 No MI 17153721 20070401 1631.62 284792.00 80.00 No MI 17153722 20070401 853.54 136566.00 90.00 PMI 17153723 20070401 1310.79 228792.00 80.00 No MI 17153726 20070401 705.97 117514.97 75.00 No MI 17153727 20070401 3039.06 583500.00 71.16 No MI 17153728 20070401 1032.54 156912.15 95.00 Triad Guaranty 17153729 20070501 1016.81 168300.00 90.00 Radian Guaranty 17153537 20070401 541.67 100000.00 80.00 No MI 17153539 20070401 1634.29 265918.26 95.00 PMI 17153540 20070401 2578.89 467120.00 80.00 No MI 17153541 20070301 1473.33 272000.00 80.00 No MI 17153542 20070401 1321.67 244000.00 80.00 No MI 17153543 20070301 1451.67 268000.00 80.00 No MI 17153544 20070301 2870.83 520000.00 80.00 No MI 17153545 20070301 1297.20 199480.49 52.63 No MI 17153546 20070301 592.40 118480.00 80.00 No MI 17153547 20070301 2852.89 516750.00 65.00 No MI 17153548 20070301 1075.00 172000.00 80.00 No MI 17153549 20070301 2739.88 515741.96 68.80 No MI 17153550 20070401 1785.00 336000.00 80.00 No MI 17153551 20070401 2606.67 544000.00 80.00 No MI 17153552 20070401 1674.17 328000.00 80.00 No MI 17153553 20070201 1094.08 205945.28 80.00 No MI 17153554 20070301 1020.82 199996.98 71.75 No MI 17153556 20070401 1190.00 224000.00 80.00 No MI 17153557 20070401 1213.19 298632.00 80.00 No MI 17153558 20070301 1168.10 215650.00 95.00 PMI 17153559 20070301 3116.51 507093.00 89.99 PMI 17153560 20070401 6574.22 1237500.00 72.83 No MI 17153561 20070401 629.55 111920.00 80.00 No MI 17153562 20070301 1028.12 210000.00 38.53 No MI 17153563 20070401 1075.52 206500.00 80.00 No MI 17153564 20070301 2671.88 427500.00 90.00 PMI 17153565 20070301 2904.27 569000.00 66.67 No MI 17153566 20070301 1417.50 252000.00 90.00 PMI 17153567 20070301 1277.90 235920.00 80.00 No MI 17153568 20070301 1482.38 273670.22 80.00 No MI 17153569 20070401 3091.67 560000.00 74.67 No MI 17153570 20070401 1326.80 249750.00 75.00 No MI 17153571 20070401 1237.81 233000.00 80.00 No MI 17153572 20070301 1004.06 189000.00 40.21 No MI 17153573 20070401 1381.25 260000.00 80.00 No MI 17153575 20070401 3406.67 584000.00 64.89 No MI 17153576 20070301 1369.75 252877.00 73.87 No MI 17153577 20070301 1025.00 164000.00 80.00 No MI 17153578 20070301 6800.00 1360000.00 32.77 No MI 17153579 20070301 1478.62 216239.66 85.00 PMI 17153580 20070401 12145.83 2200000.00 34.92 No MI 17153581 20070501 1926.25 369840.00 80.00 No MI 17153582 20070401 1142.97 219450.00 95.00 PMI 17153583 20070401 1094.98 202150.00 72.74 No MI 17153584 20070401 1395.00 248000.00 80.00 No MI 17153585 20070401 2027.99 374398.44 66.37 No MI 17153586 20070301 1901.04 365000.00 54.48 No MI 17153587 20070401 870.19 163800.00 61.35 No MI 17153588 20070301 1695.75 319200.00 80.00 No MI 17153589 20070301 1302.29 266000.00 80.00 No MI 17153591 20070301 2405.17 419811.96 70.00 No MI 17153592 20070401 1435.82 226750.17 80.00 No MI 17153593 20070401 2083.56 444493.00 80.00 No MI 17153596 20070401 1115.63 210000.00 46.67 No MI 17153597 20070301 2128.75 393000.00 60.00 No MI 17153598 20070301 1439.69 271000.00 50.19 No MI 17153599 20070301 2296.88 450000.00 74.26 No MI 17153600 20070401 2551.57 499900.00 49.99 No MI 17153601 20070401 3861.74 607750.00 65.00 No MI 17153602 20070401 1203.13 192500.00 78.57 No MI 17153603 20070301 2491.67 460000.00 47.92 No MI 17153604 20070401 2031.67 368000.00 80.00 No MI 17153605 20070401 1968.28 370500.00 92.63 PMI 17153606 20070501 1280.83 232000.00 80.00 No MI 17153608 20070401 760.67 130400.00 80.00 No MI 17153609 20070301 1623.96 311800.00 80.00 No MI 17153610 20070401 1242.19 225000.00 75.00 No MI 17153611 20070401 2923.58 519747.70 75.00 No MI 17153612 20070401 1283.50 241600.00 80.00 No MI 17153613 20070301 2621.64 483994.67 80.00 No MI 17153614 20070401 8880.21 1705000.00 56.83 No MI 17153615 20070401 5041.67 880000.00 80.00 No MI 17153616 20070401 253.89 46872.00 80.00 No MI 17153617 20070401 2220.31 435000.00 64.93 No MI 17153618 20070301 1278.33 236000.00 89.77 MGIC 17153619 20070401 1965.63 370000.00 80.00 No MI 17153620 20070401 1400.00 280000.00 80.00 No MI 17153622 20070401 1279.46 202058.03 75.00 No MI 17153623 20070401 3958.33 760000.00 80.00 No MI 17153624 20070401 2432.24 374316.84 72.82 No MI 17153625 20070401 3851.56 725000.00 60.42 No MI 17153626 20070401 3160.34 499093.54 75.79 No MI 17153627 20070401 1164.94 196200.00 90.00 PMI 17153629 20070401 1023.75 182000.00 70.00 No MI 17153631 20070401 2862.71 528500.00 64.02 No MI 17153632 20070401 2340.00 432000.00 80.00 No MI 17153633 20070501 1325.00 240000.00 40.00 No MI 17153636 20070401 1432.29 275000.00 66.59 No MI 17153637 20070401 3612.50 680000.00 80.00 No MI 17153638 20070401 1229.17 200000.00 32.10 No MI 17153639 20070401 1415.79 247120.00 80.00 No MI 17153640 20070301 5208.33 1000000.00 58.82 No MI 17153641 20070401 4265.63 787500.00 75.00 No MI 17153643 20070401 3315.00 624000.00 80.00 No MI 17153644 20070401 1267.58 243375.00 64.90 No MI 17153645 20070501 755.15 107919.85 80.00 No MI 17153646 20070401 4637.50 795000.00 75.00 No MI 17153647 20070401 1700.16 302250.00 75.00 No MI 17153648 20070401 2650.00 480000.00 80.00 No MI 17153649 20070401 1803.75 333000.00 60.00 No MI 17153650 20070401 1597.92 260000.00 80.00 No MI 17153651 20070401 873.19 127310.07 80.00 No MI 17153652 20070401 1318.69 243450.00 55.46 No MI 17153653 20070401 2943.04 447245.10 70.00 No MI 17153654 20070401 977.50 184000.00 59.35 No MI 17153655 20070401 6063.75 1078000.00 42.27 No MI 17153656 20070401 2509.05 406724.68 67.92 No MI 17153657 20070301 3110.00 622000.00 41.06 No MI 17153658 20070401 834.35 157053.37 77.62 No MI 17153659 20070401 1096.88 195000.00 65.00 No MI 17153660 20070401 1198.13 213000.00 76.07 No MI 17153661 20070401 1392.19 243000.00 74.77 No MI 17153662 20070401 2412.50 463200.00 80.00 No MI 17153663 20070401 2086.00 339416.54 70.00 No MI 17153664 20070401 1008.33 220000.00 78.57 No MI 17153665 20070401 756.35 137000.00 41.33 No MI 17153666 20070401 1543.75 260000.00 80.00 No MI 17153667 20070401 1656.25 300000.00 64.52 No MI 17153668 20070401 893.75 156000.00 80.00 No MI 17153669 20070401 3001.99 543756.98 80.00 No MI 17153670 20070401 1742.92 356000.00 80.00 No MI 17153672 20070401 2208.33 400000.00 80.00 No MI 17153674 20070401 2249.31 423400.00 68.85 No MI 17153675 20070401 2448.03 412300.00 95.00 PMI 17153676 20070401 1630.94 307000.00 71.40 No MI 17153677 20070401 3792.82 614827.98 80.00 No MI 17153679 20070401 1560.00 288000.00 80.00 No MI 17153680 20070401 940.42 148000.00 80.00 No MI 17153494 20070401 3125.00 600000.00 46.15 No MI 17153495 20070201 8833.33 1600000.00 69.57 No MI 17153497 20070201 1559.67 249066.42 31.85 No MI 17153498 20070301 2434.69 441000.00 73.75 No MI 17153499 20070401 2141.44 371201.85 80.00 No MI 17153500 20070401 1659.38 295000.00 84.29 PMI 17153501 20070401 2245.00 449000.00 40.82 No MI 17153502 20070401 2858.33 560000.00 80.00 No MI 17153503 20070301 2623.02 524604.59 80.00 No MI 17153504 20070401 1445.00 272000.00 80.00 No MI 17153505 20070301 3485.00 656000.00 80.00 No MI 17153506 20070401 1567.41 295042.00 80.00 No MI 17153507 20070301 2040.00 384000.00 73.85 No MI 17153508 20070401 3229.17 620000.00 80.00 No MI 17153509 20070301 800.52 145000.00 59.18 No MI 17153510 20070401 1362.67 233600.00 80.00 No MI 17153512 20070301 2499.36 452714.00 80.00 No MI 17153513 20070301 7145.83 1400000.00 26.67 No MI 17153514 20070401 9546.88 1762500.00 75.00 No MI 17153515 20070301 2181.22 410582.80 65.16 No MI 17153516 20070301 888.25 167200.00 80.00 No MI 17153517 20070301 1192.71 229000.00 44.04 No MI 17153518 20070401 1666.67 320000.00 80.00 No MI 17153519 20070301 1396.48 243750.00 75.00 No MI 17153520 20070501 2933.22 599125.00 79.88 No MI 17153521 20070301 2560.63 482000.00 67.41 No MI 17153522 20070301 1025.00 196800.00 80.00 No MI 17153523 20070401 3718.75 700000.00 80.00 No MI 17153524 20070301 1005.10 152612.18 60.00 No MI 17153526 20070301 7031.25 1250000.00 25.00 No MI 17153527 20070301 1375.00 240000.00 80.00 No MI 17153528 20070401 2744.79 527000.00 79.85 No MI 17153529 20070401 1800.00 320000.00 72.73 No MI 17153530 20070401 3905.42 721000.00 70.00 No MI 17153531 20070301 570.92 97872.53 90.00 Triad Guaranty 17153532 20070401 1273.50 226400.00 80.00 No MI 17153534 20070401 1514.06 285000.00 75.00 No MI 17153535 20070301 3751.56 735000.00 66.82 No MI 17153536 20070401 1349.78 239960.00 80.00 No MI 17153415 20070401 3202.08 580000.00 80.00 No MI 17153416 20070401 2905.94 547000.00 57.28 No MI 17153417 20070401 1412.60 251129.00 80.00 No MI 17153418 20070501 1020.00 204000.00 80.00 No MI 17153419 20070401 1877.08 340000.00 52.71 No MI 17153421 20070401 2545.67 436400.00 80.00 No MI 17153422 20070401 2370.52 384267.48 86.52 PMI 17153424 20070401 2916.67 560000.00 80.00 No MI 17153426 20070401 1639.20 255547.02 80.00 No MI 17153427 20070401 2429.17 440000.00 80.00 No MI 17153428 20070401 1952.72 312418.64 94.85 PMI 17153429 20070401 983.67 181600.00 80.00 No MI 17153430 20070301 2093.46 379193.50 80.00 No MI 17153431 20070301 866.67 160000.00 80.00 No MI 17153432 20070201 1122.39 149015.00 90.00 GE Capital MI 17153433 20070401 1674.76 271482.47 80.00 No MI 17153435 20070401 1130.52 204772.76 80.00 No MI 17153436 20070401 1129.24 161146.25 95.00 PMI 17153437 20070401 775.83 152000.00 80.00 No MI 17153438 20070401 2975.00 560000.00 70.00 No MI 17153439 20070501 2812.50 500000.00 76.39 No MI 17153440 20070401 3162.32 659962.50 80.00 No MI 17153441 20070401 1120.05 195500.00 53.13 No MI 17153442 20070401 918.18 144500.00 85.00 PMI 17153443 20070401 888.09 163955.58 80.00 No MI 17153444 20070401 2687.19 505823.06 81.61 PMI 17153445 20070401 865.51 131527.98 85.00 PMI 17153446 20070401 4200.00 840000.00 80.00 No MI 17153447 20070501 1792.58 351200.00 80.00 No MI 17153448 20070401 1581.67 292000.00 80.00 No MI 17153449 20070401 1290.41 242900.00 89.96 PMI 17153450 20070501 2052.46 333960.00 80.00 No MI 17153451 20070401 1004.03 154532.69 90.00 PMI 17153452 20070401 1503.13 277500.00 75.00 No MI 17153453 20070401 719.88 132900.00 79.11 No MI 17153454 20070401 3386.45 548953.55 69.62 No MI 17153455 20070401 1738.13 309000.00 80.00 No MI 17153456 20070401 987.57 172375.00 80.00 No MI 17153457 20070401 981.55 168266.00 80.00 No MI 17153458 20070401 1080.27 203345.00 80.00 No MI 17153459 20070401 3891.76 794913.00 80.00 No MI 17153460 20070401 3183.88 522978.80 80.00 No MI 17153462 20061101 1057.11 202966.00 80.00 No MI 17153463 20070401 920.89 170010.00 90.00 PMI 17153464 20070301 1806.25 340000.00 80.00 No MI 17153465 20070401 2022.13 332151.43 80.00 No MI 17153466 20061201 3257.81 625500.00 75.00 No MI 17153467 20070101 896.46 165500.00 79.99 No MI 17153468 20070401 7537.50 1340000.00 74.44 No MI 17153471 20061201 2249.42 399897.73 80.00 No MI 17153472 20070401 1057.19 199000.00 78.04 No MI 17153473 20070401 1479.30 278457.00 80.00 No MI 17153474 20070101 1800.00 320000.00 80.00 No MI 17153475 20070301 4275.39 746250.00 75.00 No MI 17153476 20061201 3588.54 650000.00 87.25 GE Capital MI 17153477 20070401 1279.73 231800.00 95.00 PMI 17153478 20070201 2767.66 414483.23 65.00 No MI 17153479 20070201 3242.99 498263.45 71.94 No MI 17153480 20070301 2283.73 466465.00 80.00 No MI 17153482 20070201 1270.46 151537.70 74.44 No MI 17153483 20070401 1838.70 326880.00 80.00 No MI 17153484 20070401 2056.51 372500.00 67.12 No MI 17153485 20070401 3216.67 617600.00 80.00 No MI 17153486 20070301 2482.67 425600.00 95.00 PMI 17153487 20070301 1896.41 356972.00 80.00 No MI 17153488 20070101 955.50 176400.00 80.00 No MI 17153489 20070401 610.94 115000.00 73.27 No MI 17153490 20070101 2141.44 369992.82 80.00 No MI 17153492 20070201 2310.94 435000.00 58.00 No MI 17153493 20070301 3416.29 618800.00 80.00 No MI 17153084 20070301 1912.50 339999.99 80.00 No MI 17153085 20060501 1297.75 239584.00 95.00 Triad Guaranty 17153086 20061101 837.48 143568.00 80.00 No MI 17153088 20061101 1300.54 185015.42 79.83 No MI 17153089 20061101 756.25 132000.00 80.00 No MI 17153090 20070201 2222.92 388000.00 79.84 No MI 17153091 20061201 1500.10 257160.00 80.00 No MI 17153092 20061101 1546.88 270000.00 46.55 No MI 17153093 20070101 1629.38 279323.00 80.00 No MI 17153101 20061101 1120.00 224000.00 80.00 No MI 17153102 20061101 2279.82 349345.49 95.00 PMI 17153103 20061201 1832.22 358964.71 40.80 No MI 17153105 20070401 1545.83 280000.00 80.00 No MI 17153106 20070101 6780.84 990075.76 70.00 No MI 17153107 20070101 816.70 147929.00 80.00 No MI 17153108 20070301 1046.50 209300.00 65.00 No MI 17153109 20070101 703.13 125000.00 89.29 Republic MIC 17153110 20061201 866.21 166312.70 80.00 No MI 17153112 20070101 1163.24 210700.00 79.99 No MI 17153113 20070301 604.17 115999.76 37.91 No MI 17153114 20070401 5237.68 738925.40 80.00 No MI 17153115 20070201 3351.30 630832.39 64.98 No MI 17153116 20070201 1066.51 196893.31 33.62 No MI 17153117 20070301 3640.67 574421.39 80.00 No MI 17153118 20070301 2054.17 394400.00 80.00 No MI 17153119 20070401 1197.92 230000.00 57.50 No MI 17153120 20070301 1131.85 167594.55 80.00 No MI 17153121 20070201 1037.66 199229.99 80.00 No MI 17153122 20070201 2697.98 447280.97 32.49 No MI 17153123 20070401 731.25 135000.00 41.80 No MI 17153126 20070401 921.26 155160.00 90.00 PMI 17153127 20070401 891.50 155608.06 80.00 No MI 17153128 20070301 2462.47 454610.32 86.04 PMI 17153129 20070301 1386.63 261012.69 77.35 No MI 17153130 20070401 2296.88 450000.00 60.00 No MI 17153131 20070301 449.55 79920.00 80.00 No MI 17153132 20070401 2686.23 495920.00 80.00 No MI 17153134 20070401 2257.81 425000.00 68.00 No MI 17153135 20061101 657.00 116800.00 80.00 No MI 17153136 20070401 3385.42 650000.00 76.47 No MI 17153137 20070101 915.00 146400.00 80.00 No MI 17153138 20070101 1643.74 254515.00 80.00 No MI 17153139 20070301 2559.38 455000.00 60.67 No MI 17153140 20070301 926.79 171100.00 79.97 No MI 17153141 20070401 840.76 146750.00 79.98 No MI 17153142 20070201 7542.54 1219735.87 66.22 No MI 17153143 20070301 7375.00 1475000.00 50.00 No MI 17153145 20070201 718.31 103680.50 80.00 No MI 17153146 20070401 2753.03 480528.00 80.00 No MI 17153147 20070401 1152.79 216995.00 80.00 No MI 17153148 20070301 1121.25 207000.00 79.62 No MI 17153149 20070301 4914.06 925000.00 77.08 No MI 17153150 20070301 1187.85 247900.00 79.99 No MI 17153151 20070301 2386.04 440500.00 76.61 No MI 17153152 20070401 2921.34 549900.00 69.99 No MI 17153153 20070301 1462.50 270000.00 71.04 No MI 17153154 20070201 820.75 160800.00 80.00 No MI 17153156 20070201 901.00 169600.00 80.00 No MI 17153157 20070201 931.57 171982.41 65.78 No MI 17153158 20070301 907.92 174320.00 80.00 No MI 17153159 20070301 3972.69 747800.00 76.31 No MI 17153160 20070201 5214.73 801207.63 80.00 No MI 17153161 20070301 1472.00 294400.00 80.00 No MI 17153162 20070301 1213.33 224000.00 80.00 No MI 17153164 20070401 2070.31 375000.00 88.24 PMI 17153165 20070401 1958.33 376000.00 73.73 No MI 17153166 20070301 3304.17 610000.00 54.22 No MI 17153167 20070301 2854.58 527000.00 57.60 No MI 17153168 20070301 609.50 110400.00 80.00 No MI 17153170 20070401 1245.00 249000.00 66.40 No MI 17153171 20070301 4140.63 750000.00 21.43 No MI 17153172 20070201 1021.50 181600.00 80.00 No MI 17153173 20070101 710.68 100040.00 80.00 No MI 17153174 20070201 946.37 168242.75 79.99 No MI 17153175 20070401 1332.99 255933.33 80.00 No MI 17153176 20070301 755.57 117675.45 80.00 No MI 17153177 20070401 1668.33 308000.00 80.00 No MI 17153179 20070201 3440.01 688000.00 80.00 No MI 17153180 20070301 2286.67 448000.00 80.00 No MI 17153181 20070301 2538.97 459889.00 75.00 No MI 17153182 20070301 1275.00 240000.00 80.00 No MI 17153183 20070401 834.17 154000.00 70.00 No MI 17153184 20070201 1301.04 215344.00 80.00 No MI 17153186 20070301 1060.00 192000.00 80.00 No MI 17153187 20070301 2759.17 473000.00 69.94 No MI 17153188 20070401 1090.26 218052.00 80.00 No MI 17153189 20070301 1870.00 352000.00 79.10 No MI 17153190 20070301 939.17 184000.00 79.65 No MI 17153191 20070401 3185.16 566250.00 75.00 No MI 17153192 20070401 1859.38 350000.00 70.00 No MI 17153193 20070201 1056.31 206950.00 80.00 No MI 17153194 20070401 2558.23 481550.00 90.00 Radian Guaranty 17153195 20070301 927.57 164900.00 80.00 No MI 17153196 20070301 3830.47 680971.81 78.74 No MI 17153199 20070301 1432.29 250000.00 74.63 No MI 17153200 20070301 1273.44 244500.00 79.98 No MI 17153201 20070401 2865.86 475964.63 77.72 No MI 17153202 20070401 1958.13 391626.00 100.00 Republic MIC 17153322 20070301 4500.00 864000.00 80.00 No MI 17153323 20070401 1526.00 261600.00 80.00 No MI 17153324 20070401 1257.74 256900.00 76.72 No MI 17153326 20070401 1521.00 270400.00 80.00 No MI 17153327 20070401 2340.00 416000.00 75.64 No MI 17153328 20070401 1504.69 267500.00 56.91 No MI 17153329 20070401 3622.50 644000.00 80.00 No MI 17153330 20070301 1504.71 288905.21 67.21 No MI 17153332 20070401 663.37 103416.67 80.00 No MI 17153333 20070401 2736.25 477600.00 80.00 No MI 17153334 20070401 1268.38 205544.31 73.57 No MI 17153335 20070401 996.67 184000.00 80.00 No MI 17153336 20070301 1211.25 228000.00 80.00 No MI 17153337 20070401 1114.23 209738.22 79.99 No MI 17153338 20070301 4037.50 760000.00 80.00 No MI 17153339 20070401 2307.50 426000.00 68.16 No MI 17153340 20070401 4527.08 820000.00 80.00 No MI 17153341 20070401 755.92 112020.00 85.00 PMI 17153342 20070401 3315.00 624000.00 80.00 No MI 17153343 20070401 692.86 125500.00 78.44 No MI 17153345 20070401 1166.67 224000.00 80.00 No MI 17153346 20070301 1210.29 211250.00 65.00 No MI 17153347 20070301 1575.00 280000.00 80.00 No MI 17153348 20070301 1213.06 223950.00 79.98 No MI 17153349 20070401 1580.47 297500.00 63.30 No MI 17153350 20070401 4523.44 723750.00 75.00 No MI 17153351 20070401 3463.53 639421.43 58.18 No MI 17153352 20070301 1327.35 245050.00 79.99 No MI 17153353 20070401 3028.13 570000.00 66.67 No MI 17153354 20070401 506.49 86826.29 80.00 No MI 17153355 20070401 1600.00 240000.00 75.00 No MI 17153356 20070401 1993.33 368000.00 80.00 No MI 17153357 20070401 926.50 174400.00 80.00 No MI 17153358 20070301 4950.00 880000.00 80.00 No MI 17153359 20070401 3055.78 553500.00 90.00 PMI 17153360 20070101 665.88 114150.00 74.85 No MI 17153361 20070401 4113.96 759500.00 70.00 No MI 17153362 20070401 1513.00 284800.00 80.00 No MI 17153363 20070401 3930.21 686000.00 70.00 No MI 17153364 20070401 944.19 174312.00 80.00 No MI 17153365 20070401 2063.41 373750.00 76.28 No MI 17153366 20070401 4037.50 760000.00 80.00 No MI 17153367 20070401 1091.45 170154.39 80.00 No MI 17153369 20070401 957.91 173508.00 80.00 No MI 17153370 20070401 1191.67 208000.00 80.00 No MI 17153371 20070401 1738.25 267436.64 80.00 No MI 17153372 20070401 3208.33 560000.00 80.00 No MI 17153373 20070401 1952.34 382500.00 75.00 No MI 17153374 20070401 1269.58 277000.00 92.33 Triad Guaranty 17153375 20070401 855.31 161000.00 70.00 No MI 17153376 20070401 2025.00 360000.00 64.86 No MI 17153377 20070401 650.00 120000.00 40.00 No MI 17153378 20070401 3460.00 692000.00 80.00 No MI 17153379 20070401 1196.25 239250.00 75.00 No MI 17153380 20070401 2887.50 504000.00 90.00 PMI 17153381 20070401 1643.99 315645.83 80.00 No MI 17153382 20070401 1249.90 249979.08 62.50 No MI 17153383 20070401 2118.34 383700.00 71.72 No MI 17153384 20070401 513.33 88000.00 80.00 No MI 17153385 20070401 1489.58 260000.00 82.54 PMI 17153386 20070401 1743.86 321943.03 74.88 No MI 17153387 20070401 12500.00 2000000.00 74.07 No MI 17153388 20070401 873.42 139739.97 80.00 No MI 17153389 20070401 3072.92 500000.00 71.74 No MI 17153390 20070401 2979.17 520000.00 63.03 No MI 17153391 20070401 816.20 139920.00 80.00 No MI 17153392 20070401 1934.48 379000.00 67.68 No MI 17153393 20070301 2329.17 429999.90 74.14 No MI 17153394 20070401 1010.48 186550.00 91.00 Triad Guaranty 17153395 20070401 1373.02 269000.00 89.67 PMI 17153396 20070401 854.00 170800.00 80.00 No MI 17153397 20070401 1153.54 226000.00 39.30 No MI 17153398 20070401 814.74 156429.71 68.09 No MI 17153399 20070401 1562.50 300000.00 67.42 No MI 17153400 20070401 4389.58 860000.00 80.00 No MI 17153401 20070401 1159.58 202400.00 80.00 No MI 17153402 20070401 2539.17 443200.00 77.75 No MI 17153403 20070401 1231.44 199619.47 60.61 No MI 17153405 20070301 1987.50 359999.16 77.92 No MI 17153406 20070401 5520.83 1000000.00 79.37 No MI 17153407 20070401 1197.97 225500.00 79.96 No MI 17153408 20070401 1503.97 283100.00 95.00 PMI 17153409 20070401 2762.50 520000.00 80.00 No MI 17153410 20070401 272.44 51282.38 15.52 No MI 17153411 20070401 2913.41 499441.72 79.92 No MI 17153412 20070401 627.99 113750.00 65.00 No MI 17153414 20070401 1773.66 259593.12 80.00 No MI 17153210 20070401 2735.42 505000.00 60.12 No MI 17153211 20070301 1526.56 244250.00 79.99 No MI 17153212 20070301 623.50 103200.00 71.92 No MI 17153214 20070301 2965.52 581000.00 74.97 No MI 17153215 20070301 918.00 172800.00 80.00 No MI 17153216 20070401 2704.00 499200.00 80.00 No MI 17153217 20070401 928.52 181915.00 79.13 No MI 17153218 20070301 771.88 130000.00 83.87 PMI 17153219 20070301 728.00 124800.00 80.00 No MI 17153220 20070301 513.33 88000.00 80.00 No MI 17153221 20070301 2848.00 569600.00 80.00 No MI 17153222 20070301 2676.41 524357.74 40.38 No MI 17153223 20070301 1213.06 223950.00 79.98 No MI 17153224 20070401 942.50 156000.00 80.00 No MI 17153225 20070301 1870.83 359200.00 80.00 No MI 17153226 20070401 2448.51 381716.38 80.00 No MI 17153227 20070401 1870.00 352000.00 80.00 No MI 17153228 20070301 5437.50 900000.00 75.00 No MI 17153229 20070401 764.37 133416.95 80.00 No MI 17153230 20070301 1307.04 241300.00 80.00 No MI 17153231 20070301 964.75 181600.00 80.00 No MI 17153232 20070301 748.00 140800.00 80.00 No MI 17153233 20070201 4085.42 740000.00 80.00 No MI 17153234 20070301 1575.58 315115.00 75.00 No MI 17153235 20070301 2970.83 460000.00 80.00 No MI 17153236 20070301 719.33 132800.00 80.00 No MI 17153237 20070301 700.00 140000.00 36.36 No MI 17153239 20070401 1188.14 223650.00 77.56 No MI 17153240 20070301 1791.67 344000.00 80.00 No MI 17153244 20070301 3306.70 577169.19 75.00 No MI 17153245 20070301 1697.93 307550.00 79.99 No MI 17153247 20070301 3635.42 698000.00 78.43 No MI 17153249 20070301 1696.93 271240.19 78.84 No MI 17153250 20070301 4038.67 745600.00 80.00 No MI 17153251 20070301 2484.38 450000.00 63.38 No MI 17153252 20070301 663.39 109802.63 48.89 No MI 17153253 20070301 3931.25 740000.00 80.00 No MI 17153254 20070401 3124.02 499843.75 72.99 No MI 17153255 20070301 938.30 204720.00 80.00 No MI 17153256 20070401 2652.20 383359.71 80.00 No MI 17153257 20070401 2695.00 528000.00 80.00 No MI 17153258 20061201 5373.33 992000.00 80.00 No MI 17153259 20070401 1530.75 299901.92 63.83 No MI 17153260 20070401 1536.75 239575.33 80.00 No MI 17153261 20070401 850.00 170000.00 66.67 No MI 17153262 20070301 1800.00 288000.00 90.00 PMI 17153263 20070401 1730.21 302000.00 94.38 PMI 17153264 20070301 2206.25 423600.00 95.00 GE Capital MI 17153267 20070301 1330.33 245600.00 84.99 PMI 17153268 20070401 2015.00 372000.00 80.00 No MI 17153269 20070301 1875.00 360000.00 80.00 No MI 17153270 20070301 3470.83 680000.00 80.00 No MI 17153272 20070401 2227.14 419227.27 65.00 No MI 17153274 20070301 3825.00 720000.00 80.00 No MI 17153275 20070401 1041.25 196000.00 80.00 No MI 17153276 20070301 1873.13 333000.00 79.99 No MI 17153277 20070401 1678.33 304000.00 80.00 No MI 17153278 20070401 698.98 106219.67 80.00 No MI 17153279 20070401 587.35 83872.58 76.36 No MI 17153280 20070401 3098.29 502242.60 80.00 No MI 17153281 20070401 2196.66 468621.00 79.97 No MI 17153282 20070401 913.70 165500.00 78.07 No MI 17153283 20070401 997.11 147762.58 80.00 No MI 17153284 20070401 1717.86 278469.15 79.94 No MI 17153285 20070301 2320.41 420300.00 90.00 PMI 17153286 20070401 1054.17 184000.00 80.00 No MI 17153287 20070401 918.40 166351.13 75.96 No MI 17153288 20070301 3207.81 615900.00 79.99 No MI 17153289 20070401 1766.41 332500.00 70.00 No MI 17153291 20070401 2191.62 420792.00 80.00 No MI 17153292 20070401 1145.83 220000.00 78.57 No MI 17153293 20070301 2170.79 416792.00 80.00 No MI 17153294 20070301 1124.63 239920.00 80.00 No MI 17153295 20070401 3054.57 563920.00 80.00 No MI 17153296 20070401 1648.65 282625.00 95.00 PMI 17153297 20070401 1764.08 307911.77 80.00 No MI 17153298 20070401 3360.00 576000.00 80.00 No MI 17153299 20070401 957.06 170144.00 80.00 No MI 17153300 20070401 557.81 105000.00 20.19 No MI 17153301 20070401 1862.00 319200.00 80.00 No MI 17153302 20070301 1043.64 196450.00 79.98 No MI 17153303 20070401 1530.70 235592.46 80.00 No MI 17153304 20070301 1832.81 345000.00 75.00 No MI 17153305 20070301 1071.88 210000.00 60.34 No MI 17153306 20070401 536.00 84646.25 80.00 No MI 17153307 20070401 1534.58 254000.00 72.57 No MI 17153308 20070401 955.04 169784.00 80.00 No MI 17153310 20070401 3231.25 660000.00 80.00 No MI 17153311 20070401 648.60 99827.32 80.00 No MI 17153312 20070301 2312.38 426900.00 75.56 No MI 17153313 20070301 320.25 50400.00 80.00 No MI 17153314 20070401 1581.67 292000.00 80.00 No MI 17153316 20070401 1373.33 208699.72 80.00 No MI 17153317 20070401 2208.33 400000.00 80.00 No MI 17153318 20070401 2291.67 440000.00 80.00 No MI 17153319 20070301 994.73 173624.00 80.00 No MI 17153320 20070401 1265.63 225000.00 60.81 No MI 17153321 20070301 2911.25 548000.00 68.50 No MI 17153203 20070401 517.71 92037.73 80.00 No MI 17153204 20070301 1145.83 199999.08 80.00 No MI 17153205 20070401 1878.33 368000.00 80.00 No MI 17153206 20070401 1532.16 249300.00 89.97 PMI 17153207 20070301 1375.00 240000.00 80.00 No MI 17153208 20070301 2002.08 384400.00 76.75 No MI 16846361 20061201 853.79 174392.00 79.63 No MI 17153912 20070401 2438.98 441777.99 80.00 No MI 17153913 20070401 2511.98 455000.00 70.00 No MI 17153914 20070401 1933.74 301465.63 80.00 No MI 17153915 20070301 2870.83 520000.00 65.00 No MI 17153916 20070201 3219.46 542224.00 80.00 No MI 17153917 20070201 6848.96 1315000.00 52.60 No MI 17153918 20070301 1876.88 346500.00 75.00 No MI 17153919 20070301 10406.25 1850000.00 74.00 No MI 17153920 20070301 4833.98 843750.00 75.00 No MI 17153921 20070301 1948.85 353000.00 56.94 No MI 17153922 20070201 670.31 117000.00 90.00 GE Capital MI 17153923 20070301 1929.79 343073.72 77.83 No MI 17153924 20070401 892.50 168000.00 80.00 No MI 17153925 20070401 2917.63 460763.14 80.00 No MI 17153926 20070201 687.50 120000.00 80.00 No MI 17153928 20070301 11250.00 2250000.00 64.29 No MI 17153929 20070301 2036.67 416000.00 80.00 No MI 17153930 20070401 1820.00 336000.00 48.00 No MI 17153931 20070301 8125.00 1500000.00 66.67 No MI 17153932 20070401 2327.31 429657.41 51.81 No MI 17153933 20070401 1280.62 199581.74 80.00 No MI 17153934 20070301 3250.00 600000.00 64.24 No MI 17153935 20070401 850.00 160000.00 70.18 No MI 17153936 20070301 4648.12 874939.84 51.47 No MI 17153937 20070301 10625.00 2000000.00 62.56 No MI 17153938 20070301 1604.38 302000.00 53.08 No MI 17153939 20070401 2373.96 430000.00 74.01 No MI 17153940 20070401 1968.75 350000.00 90.00 PMI 17153941 20070301 1279.94 201942.48 90.00 PMI 17153942 20070301 2661.04 482000.00 74.73 No MI 17153943 20070301 3671.35 665000.00 72.28 No MI 17153944 20070401 637.50 120000.00 54.05 No MI 17153945 20070401 1501.66 271999.67 80.00 No MI 17153946 20070201 782.03 136500.00 60.67 No MI 17153947 20070301 3905.79 749912.27 66.25 No MI 17153948 20070301 2030.53 389862.14 49.37 No MI 17153950 20070301 3083.16 591966.58 53.82 No MI 17153951 20070401 1963.13 349000.00 78.65 No MI 17153952 20070401 429.81 66700.18 10.46 No MI 17153953 20070401 661.72 115500.00 65.00 No MI 17153954 20070301 1631.67 313280.00 80.00 No MI 17153955 20070401 2693.53 478850.00 76.62 No MI 17153956 20070401 1687.43 299987.50 75.00 No MI 17153957 20070301 1911.80 339874.68 80.00 No MI 17153958 20070401 1071.04 194000.00 80.00 No MI 17153959 20070301 2708.33 500000.00 72.57 No MI 17153960 20070401 519.72 95949.09 80.00 No MI 17153961 20070401 2234.62 363600.00 90.00 PMI 17153962 20070401 1668.33 308000.00 70.00 No MI 17153963 20070401 1400.00 240000.00 80.00 No MI 17153964 20070301 1470.55 271486.28 80.00 No MI 17153965 20070401 536.79 99100.00 76.82 No MI 17153966 20070501 2268.76 388930.00 89.00 PMI 17153968 20070301 2045.31 385000.00 53.32 No MI 17153969 20070401 1435.39 218131.81 95.00 PMI 17153970 20070401 1050.94 177000.00 79.37 No MI 17153971 20070401 1852.67 317600.00 80.00 No MI 17153972 20070401 1993.38 347935.62 80.00 No MI 17153973 20070401 812.50 150000.00 68.18 No MI 17153974 20070401 1036.75 171600.00 80.00 No MI 17153975 20070301 2383.33 440000.00 80.00 No MI 17153976 20070301 2470.00 456000.00 80.00 No MI 17153977 20070301 2760.42 500000.00 67.11 No MI 17153978 20070301 394.90 66510.00 89.89 PMI 17153979 20070401 1507.65 229113.28 90.00 PMI 17153980 20070301 874.89 144810.00 90.00 PMI 17153981 20070401 1297.34 194679.39 51.32 No MI 17153982 20070401 2477.86 432500.00 32.04 No MI 17153983 20070401 2404.43 374844.55 80.00 No MI 17153984 20070401 1401.56 258750.00 75.00 No MI 17153985 20070401 2839.38 495600.00 80.00 No MI 17153986 20070301 1616.40 287360.00 80.00 No MI 17153987 20070401 2733.47 485950.00 74.20 No MI 17153988 20070301 1147.53 196720.00 80.00 No MI 17153989 20070401 20854.17 3640000.00 65.00 No MI 17153990 20070401 1793.13 302000.00 67.11 No MI 17153991 20070301 2202.81 399000.00 65.41 No MI 17153992 20070301 1387.51 242182.83 88.09 PMI 17153993 20070401 2200.02 321995.32 75.00 No MI 17153994 20070401 1265.00 220800.00 80.00 No MI 17153995 20070401 1787.50 330000.00 58.93 No MI 17153996 20070401 1237.50 220000.00 80.00 No MI 17153997 20070401 812.50 150000.00 28.85 No MI 17153998 20070301 2812.50 500000.00 69.44 No MI 17153999 20070301 1869.57 276830.30 75.00 No MI 17154000 20070401 2383.33 440000.00 80.00 No MI 17154001 20070301 2830.21 494000.00 95.00 PMI 17154002 20070401 1810.42 316000.00 80.00 No MI 17154003 20070401 1037.47 187920.00 80.00 No MI 17154004 20070401 5182.11 994964.49 68.62 No MI 17154005 20070401 1359.00 271800.00 80.00 No MI 17154007 20070401 1454.63 215563.65 90.00 PMI 17154009 20070401 2075.51 319447.43 80.00 No MI 17154010 20070301 2222.92 388000.00 80.00 No MI 17154011 20070301 831.09 147750.00 75.00 No MI 17154012 20070301 2195.41 383198.83 80.00 No MI 17154014 20070401 1434.79 226588.26 67.76 No MI 17154015 20070301 1126.25 212000.00 54.07 No MI 17154016 20070401 994.46 164600.00 89.99 PMI 17154017 20070401 2323.95 437450.00 85.00 PMI 17154018 20070401 839.17 152000.00 80.00 No MI 17154019 20070401 1428.75 244929.17 68.06 No MI 17154020 20070401 1005.33 166400.00 89.99 PMI 17154021 20070401 522.70 92925.00 75.00 No MI 17154022 20070401 522.70 92925.00 75.00 No MI 17154023 20070401 1399.13 344400.00 76.78 No MI 17154024 20070401 1195.99 294398.00 75.62 No MI 17154025 20070501 1297.05 234937.23 54.02 No MI 17154026 20070401 3195.15 498117.07 61.57 No MI 17154027 20070401 653.33 112000.00 80.00 No MI 17154028 20070401 3553.33 656000.00 80.00 No MI 17154029 20070401 2031.67 368000.00 80.00 No MI 17154030 20070401 2700.77 471406.64 78.67 No MI 17154032 20070401 1739.06 315000.00 91.30 PMI 17154033 20070401 2708.33 500000.00 74.68 No MI 17154034 20070301 301.32 56719.67 80.00 No MI 17154035 20070401 698.17 113600.00 80.00 No MI 17154036 20070401 3973.75 748000.00 80.00 No MI 17154037 20070301 3927.08 650000.00 79.75 No MI 17154038 20070401 2085.42 364000.00 61.52 No MI 17154039 20070401 2073.96 362000.00 57.74 No MI 17154040 20070401 2091.15 365000.00 73.74 No MI 17154041 20070401 3250.00 624000.00 80.00 No MI 17154042 20070401 1236.67 224000.00 80.00 No MI 17154043 20070401 1166.67 200000.00 61.54 No MI 17154044 20070401 2354.69 411000.00 65.45 No MI 17154045 20070401 3529.17 616000.00 69.92 No MI 17154046 20070401 1006.88 179000.00 47.35 No MI 17154047 20070301 698.90 115680.00 80.00 No MI 17154048 20070401 2153.53 382850.00 65.00 No MI 17154050 20070401 786.67 128000.00 80.00 No MI 17154051 20070401 1885.42 362000.00 52.09 No MI 17154052 20070401 1456.00 249600.00 80.00 No MI 17154053 20070401 1384.62 250800.00 53.40 No MI 17154054 20070401 502.43 83160.00 90.00 PMI 17154055 20070401 1594.98 278395.83 80.00 No MI 17154056 20070401 1774.38 334000.00 61.28 No MI 17154057 20070401 893.18 153117.36 80.00 No MI 17154058 20070401 999.17 174400.00 80.00 No MI 17154059 20070401 1155.22 177802.44 90.00 PMI 17154060 20070401 1155.22 177802.44 90.00 PMI 17154061 20070401 1543.75 285000.00 39.58 No MI 17154062 20070401 653.94 118450.00 75.00 No MI 17154063 20070501 1065.75 176400.00 90.00 PMI 17154064 20070401 758.33 130000.00 41.94 No MI 17154065 20070401 758.33 130000.00 46.43 No MI 17154066 20070401 1934.92 286643.75 80.00 No MI 17154067 20070401 419.58 76000.00 80.00 No MI 17154068 20070401 1261.30 191676.48 80.00 No MI 17154069 20070401 1208.75 183689.95 80.00 No MI 17154070 20070401 2731.38 476750.00 71.16 No MI 17154072 20070401 1417.50 252000.00 80.00 No MI 17154074 20070401 2278.13 405000.00 79.41 No MI 17154075 20070401 1524.88 276204.39 63.73 No MI 17154076 20070401 4433.16 718630.12 55.38 No MI 17154077 20070401 1516.67 260000.00 78.79 No MI 17154078 20070501 1087.75 183200.00 80.00 No MI 17154081 20070401 1466.67 256000.00 80.00 No MI 17154082 20070401 3524.58 615200.00 80.00 No MI 17154083 20070401 1923.13 362000.00 56.39 No MI 17154084 20070401 721.98 121596.56 80.00 No MI 17154085 20070401 688.70 115991.77 80.00 No MI 17154086 20070401 598.77 89852.03 43.27 No MI 17154087 20070501 871.25 164000.00 80.00 No MI 17154088 20070401 2006.13 363375.00 95.00 PMI 17154089 20070401 2868.75 510000.00 80.00 No MI 17154090 20070401 499.48 99895.02 80.00 No MI 17154091 20070401 790.20 140480.00 80.00 No MI 17154092 20070401 2262.00 417600.00 80.00 No MI 17154093 20070401 6956.25 1260000.00 70.00 No MI 17154094 20070401 2139.88 366836.00 76.74 No MI 17154095 20070501 5806.67 1072000.00 66.17 No MI 17154097 20070501 1256.67 208000.00 80.00 No MI 17154098 20070401 664.58 116000.00 80.00 No MI 17153770 20070401 976.22 173550.00 65.00 No MI 17153771 20070201 3191.15 557000.00 79.90 No MI 17153772 20070301 2970.00 528000.00 80.00 No MI 17153773 20070401 1169.33 183293.80 67.27 No MI 17153774 20070301 4228.75 796000.00 80.00 No MI 17153775 20070401 1139.23 210320.00 80.00 No MI 17153776 20070401 1005.11 152742.17 90.00 PMI 17153777 20070301 2275.00 455000.00 77.78 No MI 17153779 20070401 4062.50 750000.00 62.50 No MI 17153781 20070401 934.61 169287.00 80.00 No MI 17153782 20070301 2431.90 448966.43 69.77 No MI 17153783 20070401 992.37 179750.00 27.69 No MI 17153784 20070301 912.45 141517.40 95.00 United Guaranty 17153785 20070301 1272.38 226200.00 77.92 No MI 17153786 20070301 1905.75 326700.00 90.00 MGIC 17153787 20070301 751.50 133600.00 68.51 No MI 17153788 20070301 466.67 80000.00 80.00 No MI 17153789 20070401 896.44 139651.72 80.00 No MI 17153790 20070301 714.58 122500.00 70.00 No MI 17153792 20070401 1125.00 200000.00 80.00 No MI 17153793 20070301 1764.01 307900.00 79.99 No MI 17153794 20070301 179.90 31400.00 89.97 Triad Guaranty 17153795 20070301 4467.81 779836.75 80.00 No MI 17153796 20070401 1083.08 199953.80 80.00 No MI 17153797 20070301 4106.25 730000.00 72.28 No MI 17153798 20070301 2291.15 415000.00 80.00 No MI 17153799 20070301 682.28 112929.43 95.00 PMI 17153800 20070301 1514.06 255000.00 79.94 No MI 17153801 20070401 7729.17 1400000.00 58.33 No MI 17153802 20070301 1161.58 210400.00 80.00 No MI 17153803 20070401 1780.12 294640.00 73.66 No MI 17153804 20070401 1540.00 264000.00 80.00 No MI 17153805 20070401 3426.77 699935.03 80.00 No MI 17153806 20070401 1292.53 243300.00 80.00 No MI 17153807 20070301 3552.08 620000.00 80.00 No MI 17153808 20070301 1856.25 330000.00 75.00 No MI 17153809 20070401 1595.56 245575.19 88.17 PMI 17153810 20070201 2075.83 376000.00 79.16 No MI 17153811 20070401 1866.67 320000.00 80.00 No MI 17153812 20070301 1551.25 292000.00 64.89 No MI 17153813 20070101 5175.00 920000.00 80.00 No MI 17153814 20070401 1030.79 152754.57 90.00 PMI 17153815 20070401 2154.17 376000.00 80.00 No MI 17153816 20070401 762.04 115804.53 80.00 No MI 17153817 20070401 849.71 122832.72 95.00 PMI 17153818 20070401 5456.79 988399.00 70.00 No MI 17153819 20070401 882.00 151200.00 80.00 No MI 17153820 20070401 1925.00 336000.00 80.00 No MI 17153822 20070401 1031.25 180000.00 90.00 United Guaranty 17153823 20070401 1380.22 212432.53 80.00 No MI 17153824 20070301 1057.29 175000.00 56.45 No MI 17153825 20070401 372.75 71568.58 80.00 No MI 17153826 20070401 3222.69 572923.13 73.46 No MI 17153827 20070401 2185.00 368000.00 80.00 No MI 17153828 20070401 2086.00 357600.00 80.00 No MI 17153829 20070401 6372.21 967762.06 70.80 No MI 17153831 20070401 2420.57 422500.00 65.00 No MI 17153832 20070401 641.17 97435.53 80.00 No MI 17153833 20070401 1364.36 199687.00 80.00 No MI 17153834 20070401 1588.56 277276.00 80.00 No MI 17153835 20070401 1633.33 280000.00 80.00 No MI 17153836 20070401 1633.33 280000.00 80.00 No MI 17153837 20070401 1633.33 280000.00 80.00 No MI 17153838 20070401 1633.33 280000.00 80.00 No MI 17153839 20070401 7189.58 1190000.00 70.00 No MI 17153840 20070401 2222.11 374250.00 75.00 No MI 17153841 20070401 3643.75 636000.00 80.00 No MI 17153843 20070401 1315.84 205136.38 98.33 GE Capital MI 17153844 20070401 2864.58 500000.00 79.37 No MI 17153845 20070401 1443.75 252000.00 64.95 No MI 17153846 20070401 2690.61 461248.00 80.00 No MI 17153848 20070401 2624.12 449850.00 80.00 No MI 17153849 20070401 1415.66 277354.56 95.00 PMI 17153850 20070401 1461.73 259862.50 65.00 No MI 17153851 20070401 1592.50 294000.00 70.00 No MI 17153852 20070401 1484.88 220046.45 95.00 PMI 17153853 20070401 1126.25 204000.00 68.00 No MI 17153854 20070401 1354.17 250000.00 55.56 No MI 17153855 20070401 1178.81 172529.57 80.00 No MI 17153856 20070501 1208.75 183800.96 80.00 No MI 17153857 20070401 1576.46 322000.00 59.08 No MI 17153858 20070401 3285.00 584000.00 80.00 No MI 17153859 20070401 3571.88 635000.00 25.40 No MI 17153860 20070401 4057.98 632628.61 65.00 No MI 17153861 20070401 2470.06 375240.75 75.96 No MI 17153862 20070401 2188.75 412000.00 80.00 No MI 17153863 20070501 3139.58 548000.00 51.89 No MI 17153864 20070401 2972.67 548800.00 80.00 No MI 17153865 20070401 1729.17 332000.00 56.75 No MI 17153866 20070401 1289.56 195969.21 75.00 No MI 17153867 20070401 1662.03 279920.00 80.00 No MI 17153868 20070401 541.67 100000.00 80.00 No MI 17153869 20070401 1608.50 266234.00 90.00 PMI 17153870 20070401 776.02 130697.59 95.00 PMI 17153871 20070401 2869.97 491994.24 80.00 No MI 17153872 20070401 1683.28 283500.00 90.00 PMI 17153874 20070401 1354.57 250074.00 80.00 No MI 17153875 20070401 3667.50 652000.00 66.87 No MI 17153876 20070401 985.82 151729.54 80.00 No MI 17153878 20070401 2021.25 346500.00 90.00 PMI 17153879 20070401 1852.90 296448.04 100.00 United Guaranty 17153880 20070401 1145.83 200000.00 80.00 No MI 17153881 20070401 825.00 144000.00 75.00 No MI 17153882 20070501 1149.65 172658.35 90.00 PMI 17153883 20070401 813.20 126775.28 100.00 Republic MIC 17153884 20070401 926.50 174400.00 80.00 No MI 17153885 20070401 887.63 157800.00 80.00 No MI 17153886 20070301 10268.75 1860000.00 58.13 No MI 17153887 20070401 540.72 99825.00 31.15 No MI 17153889 20070401 854.01 129780.94 80.00 No MI 17153890 20060901 8281.25 1500000.00 22.06 No MI 17153891 20070401 669.63 116880.00 80.00 No MI 17153892 20070301 1043.42 188997.27 90.00 PMI 17153893 20070301 1258.75 228000.00 60.00 No MI 17153894 20070301 1540.31 279000.00 60.00 No MI 17153895 20070301 1407.81 255000.00 60.00 No MI 17153896 20070301 1109.69 201000.00 60.00 No MI 17153897 20070301 1590.00 288000.00 60.00 No MI 17153898 20070301 993.75 180000.00 60.00 No MI 17153900 20070301 1954.37 354000.00 60.00 No MI 17153901 20070301 2153.12 390000.00 60.00 No MI 17153902 20070301 1026.87 186000.00 60.00 No MI 17153903 20070301 1440.94 261000.00 60.00 No MI 17153904 20061201 1442.51 251784.00 80.00 No MI 17153905 20061201 9000.00 1600000.00 59.26 No MI 17153906 20070401 3603.87 640687.50 75.00 No MI 17153907 20070301 669.37 114750.00 90.00 PMI 17153908 20070401 871.54 135871.16 80.00 No MI 17153910 20070101 1313.86 199150.18 79.37 No MI 17153749 20061001 1179.02 205792.38 70.00 No MI 17153750 20060701 2567.54 412532.55 66.72 No MI 17153751 20060901 1828.51 302650.00 80.00 No MI 17153752 20061101 526.34 99075.00 75.00 No MI 17153753 20061101 2475.00 432000.00 89.07 MGIC 17153754 20061201 1106.00 189600.00 80.00 No MI 17153755 20070401 1421.04 262345.00 80.00 No MI 17153757 20070301 3141.67 580000.00 78.91 No MI 17153758 20070301 3176.88 598000.00 80.00 No MI 17153759 20070401 796.48 122587.95 80.00 No MI 17153760 20070101 7041.67 1300000.00 64.04 No MI 17153762 20070301 2450.00 420000.00 80.00 No MI 17153763 20070201 2566.23 464826.00 80.00 No MI 17153764 20070301 1718.75 300000.00 80.00 No MI 17153765 20070301 801.61 139917.84 80.00 No MI 17153766 20070401 1743.75 310000.00 64.58 No MI 17153767 20070301 602.33 111200.00 84.56 United Guaranty 17153768 20070301 2375.00 475000.00 57.58 No MI 17153769 20070301 1990.62 341250.00 75.00 No MI 17233046 20070501 3390.83 626000.00 69.56 No MI 17233120 20070601 3520.29 649900.00 61.31 No MI 17233040 20070601 3046.88 585000.00 84.78 Triad Guaranty 17233041 20070601 3952.50 744000.00 80.00 No MI 17233123 20070601 3010.00 602000.00 57.33 No MI 17233042 20070501 4274.50 854900.00 60.20 No MI 17233124 20070601 2847.50 536000.00 80.00 No MI 17233043 20070501 3195.83 613600.00 80.00 No MI 17233125 20070601 2291.67 440000.00 80.00 No MI 17233044 20070501 4670.22 879000.00 69.80 No MI 17233045 20070501 5416.67 1000000.00 58.82 No MI 17233116 20070501 3245.83 623200.00 80.00 No MI 17233036 20070601 2491.67 460000.00 80.00 No MI 17233118 20070601 2316.25 436000.00 80.00 No MI 17233119 20070501 2416.50 429600.00 80.00 No MI 17233038 20070501 2213.54 424999.09 62.96 No MI 17233039 20070501 2500.00 500000.00 64.94 No MI 17233033 20070501 2556.77 490900.00 79.99 No MI 17233115 20070501 3144.50 529600.00 80.00 No MI 17233034 20070501 2578.13 495000.00 64.71 No MI 17233467 20070601 2449.06 461000.00 78.80 No MI 17233409 20070601 3200.00 640000.00 64.00 No MI 17233110 20070501 3020.00 603999.73 80.00 No MI 17233030 20070501 2570.00 514000.00 80.00 No MI 17233113 20070601 2600.00 520000.00 62.65 No MI 17233032 20070601 6750.00 1350000.00 40.18 No MI 17233114 20070501 2374.96 455992.50 77.29 No MI 17233028 20070501 2604.17 500000.00 69.44 No MI 17233029 20070501 3057.29 587000.00 61.15 No MI 17233108 20070501 2308.99 434500.00 65.91 No MI 17233109 20070501 2343.75 449999.34 76.27 No MI 17247380 20070701 2208.33 424000.00 80.00 No MI 17233000 20070501 3232.00 646400.00 80.00 No MI 17233001 20070601 2635.42 550000.00 79.72 No MI 17233002 20070501 2300.00 459999.51 80.00 No MI 17233003 20070501 3317.71 650000.00 65.66 No MI 17233004 20070501 3062.50 600000.00 71.43 No MI 17233005 20070501 3066.67 640000.00 76.88 No MI 17233006 20070501 3843.13 922350.00 80.00 No MI 17233007 20070501 3307.50 648000.00 73.22 No MI 17247291 20070601 3720.00 744000.00 80.00 No MI 17247373 20070601 2387.50 458400.00 80.00 No MI 17233008 20070501 3100.78 607500.00 75.00 No MI 17233009 20070501 3236.52 675436.77 70.00 No MI 17233010 20070501 3675.00 720000.00 80.00 No MI 17233011 20070501 2447.92 500000.00 65.36 No MI 17233013 20070501 2663.33 544000.00 80.00 No MI 17233014 20070601 4104.17 788000.00 80.00 No MI 17233015 20070601 2643.75 540000.00 80.00 No MI 17233016 20070501 3723.96 650000.00 77.38 No MI 17233017 20070501 3317.71 650000.00 79.75 No MI 17233018 20070501 3355.00 585600.00 80.00 No MI 17247293 20070701 3640.00 672000.00 80.00 No MI 17247294 20070701 2712.23 500720.00 80.00 No MI 17233100 20070601 2427.54 475600.00 80.00 No MI 17233020 20070501 2343.75 449999.47 57.32 No MI 17233101 20070601 2295.21 479000.00 68.23 No MI 17233021 20070501 3749.58 719920.00 79.11 No MI 17233102 20070601 3494.69 633000.00 42.20 No MI 17233022 20070501 2509.45 512569.00 70.95 No MI 17233023 20070501 3164.58 620000.00 80.00 No MI 17233105 20070601 4687.50 1000000.00 74.32 No MI 17233024 20070501 2428.33 496000.00 79.96 No MI 17233106 20070601 3119.35 500000.00 34.25 No MI 17233025 20070501 2480.94 466999.94 65.77 No MI 17233107 20070501 2810.00 562000.00 80.00 No MI 17247371 20070601 2556.00 454400.00 80.00 No MI 17247365 20070601 2467.50 504000.00 80.00 No MI 17247287 20070701 3342.35 729240.00 80.00 No MI 17247288 20070701 3092.74 509000.00 67.69 No MI 17247289 20070601 3038.75 572000.00 80.00 No MI 17247284 20070601 3346.50 629930.00 70.00 No MI 17247258 20070501 2400.00 480000.00 60.00 No MI 17247259 20070601 2687.50 516000.00 80.00 No MI 17247340 20070601 4568.75 860000.00 80.00 No MI 17247342 20070701 3453.13 650000.00 73.45 No MI 17247346 20070701 5954.58 980000.00 80.00 No MI 17247348 20070601 5565.36 880500.00 76.57 No MI 17247351 20070701 2215.21 434000.00 70.00 No MI 17247270 20070601 3125.00 600000.00 80.00 No MI 17247353 20070701 3916.67 752000.00 80.00 No MI 17247272 20070601 2908.00 581600.00 79.89 No MI 17247355 20070601 2776.67 544000.00 80.00 No MI 17247356 20070701 2565.42 524000.00 80.00 No MI 17247277 20070601 2237.50 429600.00 80.00 No MI 17247278 20070701 3211.67 656000.00 80.00 No MI 17247362 20070601 2921.88 550001.00 65.48 No MI 17247322 20070601 2868.75 540000.00 73.07 No MI 17247324 20070601 4064.06 765000.00 71.83 No MI 17247331 20070601 2307.29 443000.00 79.96 No MI 17247251 20070601 4333.33 800000.00 59.26 No MI 17247333 20070701 3357.50 632000.00 80.00 No MI 17247252 20070601 3825.00 720000.00 79.38 No MI 17247253 20070601 2789.06 525000.00 72.92 No MI 17247255 20070601 3144.47 591900.00 79.99 No MI 17247256 20070601 2583.75 468000.00 69.85 No MI 17247327 20070701 2737.50 547500.00 53.68 No MI 17247328 20070601 6537.92 1207000.00 46.42 No MI 17247248 20070601 4951.04 970000.00 66.90 No MI 17247237 20070701 2740.83 506000.00 56.22 No MI 17247228 20070601 2856.50 537695.00 80.00 No MI 17247309 20070601 3400.00 640000.00 80.00 No MI 17247310 20070601 2864.58 550000.00 51.89 No MI 17247312 20070601 2940.00 576000.00 80.00 No MI 17247316 20070601 5169.06 973000.00 77.53 No MI 17233391 20070601 4239.58 814000.00 79.41 No MI 17233475 20070601 5729.17 1000000.00 73.26 No MI 17233476 20070501 15937.50 3000000.00 71.34 No MI 17233397 20070601 5400.00 1080000.00 80.00 No MI 17247204 20070701 4083.33 800000.00 74.42 No MI 17247217 20070601 4846.88 990000.00 75.00 No MI 17247218 20070601 3177.08 500000.00 80.00 No MI 17247219 20070501 2604.17 500000.00 79.37 No MI 17247225 20070701 4593.75 900000.00 74.14 No MI 17233452 20070601 3729.17 716000.00 80.00 No MI 17233456 20070601 2271.09 427500.00 75.00 No MI 17233381 20070601 2491.67 520000.00 80.00 No MI 17233432 20070601 2924.90 475040.00 53.38 No MI 17233433 20070601 3433.06 672600.00 80.00 No MI 17233190 20070601 2643.33 488000.00 76.25 No MI 17233193 20070501 5309.18 999375.00 75.00 No MI 17233438 20070601 4502.12 731200.00 80.00 No MI 17233195 20070601 5031.25 1050000.00 75.00 No MI 17233196 20070601 3476.04 710000.00 67.62 No MI 17233359 20070601 2266.25 444000.00 80.00 No MI 17233198 20070501 2100.31 429000.00 77.30 No MI 17233360 20070601 3583.33 688000.00 76.44 No MI 17233361 20070601 3145.83 604000.00 80.00 No MI 17233364 20070601 4427.08 850000.00 59.86 No MI 17233366 20070601 5414.06 945000.00 75.90 No MI 17233367 20070601 4563.44 859000.00 53.69 No MI 17233180 20070601 2589.58 452000.00 69.54 No MI 17233424 20070601 3897.49 633000.00 79.62 No MI 17233343 20070601 3667.50 652000.00 80.00 No MI 17233344 20070601 3121.88 555000.00 53.88 No MI 17233345 20070601 3657.26 610000.00 61.00 No MI 17233184 20070601 2444.61 500000.00 68.97 No MI 17233185 20070501 4990.78 1064700.00 37.03 No MI 17233349 20070601 5104.17 1000000.00 61.05 No MI 17233189 20070601 3293.75 620000.00 80.00 No MI 17233084 20070601 2337.50 440000.00 80.00 No MI 17233327 20070601 4114.58 790000.00 80.00 No MI 17233166 20070601 3288.44 619000.00 78.35 No MI 17233086 20070601 2191.67 420800.00 80.00 No MI 17233167 20070601 2575.00 494400.00 80.00 No MI 17233087 20070501 2197.92 422000.00 71.53 No MI 17233088 20070501 3385.03 649898.41 75.71 No MI 17233169 20070601 2343.75 450000.00 52.94 No MI 17233089 20070501 5104.17 1000000.00 38.46 No MI 17233413 20070601 2722.50 484000.00 80.00 No MI 17233170 20070501 2843.75 546000.00 75.00 No MI 17233171 20070601 2620.00 524000.00 80.00 No MI 17233333 20070601 2952.83 496788.00 78.86 No MI 17233091 20070601 2487.25 497450.00 72.36 No MI 17233092 20070401 3950.00 790000.00 79.40 No MI 17233173 20070601 2916.67 560000.00 80.00 No MI 17233335 20070601 3656.25 650000.00 50.00 No MI 17233093 20070501 4245.84 815199.65 80.00 No MI 17233174 20070601 4537.50 660000.00 80.00 No MI 17233094 20070601 3293.75 620000.00 80.00 No MI 17233337 20070601 2963.38 475000.00 79.17 No MI 17233095 20070601 2541.67 488000.00 80.00 No MI 17233176 20070601 4205.52 859000.00 78.09 No MI 17233177 20070601 4488.95 748720.00 80.00 No MI 17233178 20070601 4763.67 784000.00 80.00 No MI 17233179 20070601 2275.00 455000.00 75.83 No MI 17233151 20070601 3128.13 577500.00 70.00 No MI 17233071 20070601 2234.38 429000.00 78.14 No MI 17233072 20070601 2343.75 450000.00 65.22 No MI 17233073 20070601 3324.55 682000.00 51.28 No MI 17233154 20070601 2357.50 492000.00 80.00 No MI 17233074 20070501 8983.33 1760000.00 80.00 No MI 17233075 20070501 2440.10 468500.00 72.64 No MI 17233156 20070601 2187.50 420000.00 74.34 No MI 17233076 20070301 2292.88 431599.99 80.00 No MI 17233319 20070601 3020.83 580000.00 80.00 No MI 17233158 20070601 2318.75 420000.00 80.00 No MI 17233078 20070601 2388.75 468000.00 79.05 No MI 17233159 20070601 4375.00 840000.00 80.00 No MI 17233080 20070501 2638.26 445545.28 78.94 No MI 17233081 20070601 2595.67 479200.00 80.00 No MI 17233162 20070601 2333.33 448000.00 77.91 No MI 17233324 20070601 3687.92 668000.00 80.00 No MI 17233406 20070601 9510.42 1660000.00 80.00 No MI 17233083 20070501 4710.00 942000.00 67.29 No MI 17233407 20070601 5205.53 880000.00 80.00 No MI 17233164 20070501 3485.13 760377.13 80.00 No MI 17233069 20070601 2209.04 432792.00 80.00 No MI 17233150 20070601 3317.71 650000.00 73.45 No MI 17233067 20070501 3275.00 628800.00 80.00 No MI 17233149 20070501 2937.81 553000.00 72.29 No MI 17233066 20070601 3317.71 650000.00 56.52 No MI 17233309 20070601 3255.21 625000.00 78.13 No MI 17233141 20070501 3359.38 645000.00 65.15 No MI 17233142 20070501 2953.65 535000.00 74.83 No MI 17233304 20070601 3577.50 648000.00 80.00 No MI 17233063 20070601 2452.25 461600.00 80.00 No MI 17233144 20070501 2552.08 489999.80 70.00 No MI 17233064 20070601 2953.75 556000.00 80.00 No MI 17233145 20070501 4750.00 760000.00 80.00 No MI 17233058 20070601 3828.13 735000.00 70.00 No MI 17233059 20070601 2613.65 570251.00 80.00 No MI 17233300 20070601 4819.69 873000.00 74.30 No MI 17233301 20070601 4363.04 873500.00 74.34 No MI 17233140 20070501 3025.58 605116.00 80.00 No MI 17233302 20070601 5103.93 840000.00 76.36 No MI 17233060 20070301 3405.23 667036.75 80.00 No MI 17233051 20070501 2239.58 430000.00 46.99 No MI 17233132 20070501 2612.50 456000.00 76.25 No MI 17233052 20070501 2940.00 587999.57 80.00 No MI 17233133 20070501 3656.25 650000.00 76.47 No MI 17233054 20070601 3166.25 596000.00 80.00 No MI 17233135 20070601 2475.00 440000.00 73.95 No MI 17233136 20070501 2327.39 455975.50 80.00 No MI 17233056 20070601 3385.42 650000.00 48.15 No MI 17233137 20070601 3385.42 650000.00 73.86 No MI 17233047 20070501 11852.56 1923173.48 70.00 No MI 17233128 20070601 2457.81 453750.00 75.00 No MI 17233129 20070601 2149.27 439000.00 79.82 No MI 17233049 20070601 2437.50 450000.00 69.23 No MI 17233130 20070501 3908.75 708000.00 80.00 No MI 17233050 20070501 3346.88 630000.00 52.50 No MI 17233285 20070601 5380.00 1076000.00 80.00 No MI 17233288 20070601 2310.00 492800.00 80.00 No MI 17233290 20070601 3859.38 741000.00 76.00 No MI 17233292 20070601 3150.54 505000.00 72.66 No MI 17233293 20070601 3899.58 764000.00 80.00 No MI 17233295 20070501 3600.00 720000.00 45.00 No MI 17233296 20070601 3229.17 620000.00 80.00 No MI 17232973 20070201 8124.38 1591713.15 80.00 No MI 17232974 20070501 5410.42 980000.00 61.25 No MI 17232977 20070501 3223.74 615909.15 47.61 No MI 17232979 20070601 2595.00 519000.00 72.18 No MI 17232980 20070401 7097.68 1197417.37 66.67 No MI 17232981 20070601 1943.33 424000.00 80.00 No MI 17232982 20070601 3479.17 668000.00 80.00 No MI 17232983 20070401 4934.64 947449.64 63.91 No MI 17232985 20070601 2982.31 465760.00 80.00 No MI 17232986 20070601 3601.44 677918.00 80.00 No MI 17232987 20070401 14668.87 2708094.98 54.16 No MI 17232988 20070501 5439.69 1023940.00 80.00 No MI 17232989 20070501 6256.01 1154956.25 70.00 No MI 17232990 20070401 2883.29 522255.68 76.84 No MI 17232991 20070401 2698.46 507944.92 80.00 No MI 17232992 20070301 2825.60 531665.93 80.00 No MI 17232994 20070501 2561.01 523100.00 80.00 No MI 17232996 20070501 2250.00 450000.00 73.77 No MI 17232997 20070501 2916.67 560000.00 80.00 No MI 17232998 20070601 2680.00 536000.00 80.00 No MI 17232999 20070501 2960.42 580000.00 80.00 No MI 17233206 20070501 2526.04 485000.00 65.28 No MI 17233211 20070601 3643.75 636000.00 80.00 No MI 17233212 20070501 15166.67 2800000.00 80.00 No MI 17233214 20070501 2408.75 492000.00 80.00 No MI 17233216 20070601 2572.00 514400.00 80.00 No MI 17233218 20070501 4404.50 919200.00 70.71 No MI 17233219 20070601 2604.17 500000.00 80.00 No MI 17233221 20070501 2245.61 489945.83 67.31 No MI 17233233 20070601 2577.79 475900.00 80.00 No MI 17233235 20070601 2273.44 485000.00 63.82 No MI 17233236 20070601 3229.17 620000.00 77.02 No MI 17233240 20070601 2770.83 532000.00 80.00 No MI 17233241 20070501 2374.81 474959.13 65.97 No MI 17233242 20070601 2468.58 538600.00 79.99 No MI 17233243 20070501 2300.00 460000.00 79.31 No MI 17233245 20070601 3320.00 664000.00 80.00 No MI 17233249 20070501 3662.97 689500.00 68.61 No MI 17233251 20070601 2633.75 516000.00 80.00 No MI 17233252 20070501 3109.88 635210.32 73.87 No MI 17233253 20070601 2698.75 508000.00 80.00 No MI 17233254 20070601 3612.50 680000.00 80.00 No MI 17233256 20070501 4900.00 960000.00 75.89 No MI 17233257 20070601 2340.00 468000.00 73.13 No MI 17233260 20070601 2839.58 580000.00 44.62 No MI 17233262 20070601 2458.33 472000.00 80.00 No MI 17233264 20070601 2934.63 552400.00 74.65 No MI 17233265 20070601 4340.00 868000.00 80.00 No MI 17233266 20070601 3863.75 674400.00 80.00 No MI 17233267 20070501 2589.90 529000.00 68.70 No MI 17233268 20070501 2790.63 570000.00 67.86 No MI 17233269 20070601 4147.75 847200.00 80.00 No MI 17233271 20070501 3250.00 624000.00 80.00 No MI 17233272 20070601 2922.61 481000.00 61.27 No MI 17233273 20070601 3125.90 566200.00 68.22 No MI 17233274 20070601 3385.42 650000.00 59.09 No MI 17233275 20070601 2212.92 452000.00 80.00 No MI 17233280 20070601 3495.63 714000.00 78.90 No MI 17233282 20070601 3583.33 688000.00 80.00 No MI 17247265 20070601 2335.48 509560.00 80.00 No MI 17244992 20070601 4818.33 944000.00 80.00 No MI 17244993 20070501 2291.67 440000.00 80.00 No MI 17244994 20070501 4122.75 824550.00 80.00 No MI 17244995 20070501 2750.00 600000.00 66.67 No MI 17244996 20070601 2383.65 467000.00 66.71 No MI 17244997 20070601 6145.83 1000000.00 72.20 No MI 17244998 20070501 2395.83 460000.00 80.00 No MI 17244999 20070601 2252.08 470000.00 74.60 No MI 17244990 20070501 4278.65 775000.00 77.50 No MI 17244991 20070501 2208.33 424000.00 80.00 No MI 17247375 20070701 3978.00 748800.00 80.00 No MI 17247295 20070601 3250.00 650000.00 65.00 No MI 17247376 20070601 5179.42 956200.00 70.83 No MI 17247296 20070601 3302.83 573750.00 90.00 Republic MIC 17247377 20070701 2500.00 500000.00 78.13 No MI 17247381 20070701 2708.33 500000.00 80.00 No MI 17247382 20070501 2684.80 495655.10 79.94 No MI 17247374 20070601 3760.00 752000.00 79.91 No MI 17247370 20070601 2695.00 462000.00 66.76 No MI 17247290 20070701 4030.00 744000.00 80.00 No MI 17247367 20070701 4500.00 800000.00 80.00 No MI 17247286 20070601 2413.08 482616.00 80.00 No MI 17247283 20070601 2165.63 472500.00 70.00 No MI 17247261 20070601 6325.00 1265000.00 55.00 No MI 17247343 20070701 3082.92 604000.00 80.00 No MI 17247344 20070601 3133.33 640000.00 77.58 No MI 17247263 20070601 2720.00 512000.00 80.00 No MI 17247266 20070601 2145.71 502410.00 79.90 No MI 17247349 20070701 2542.50 452000.00 80.00 No MI 17247268 20070601 2537.26 487154.00 78.57 No MI 17247269 20070701 2937.50 600000.00 80.00 No MI 17247350 20070601 3100.78 661500.00 70.00 No MI 17247271 20070601 2380.00 476000.00 80.00 No MI 17247273 20070501 3317.71 650000.00 75.14 No MI 17247274 20070601 2703.13 519000.00 62.91 No MI 17247276 20070601 3633.85 640000.00 78.05 No MI 17247357 20070701 2916.67 560000.00 80.00 No MI 17247197 20070501 3786.01 712660.00 80.00 No MI 17247198 20070501 8213.10 1387016.61 69.18 No MI 17247279 20070601 3350.00 643200.00 80.00 No MI 17247280 20070701 2407.08 462160.00 80.00 No MI 17247282 20070601 2323.96 485000.00 76.98 No MI 17247320 20070601 4406.25 900000.00 56.25 No MI 17247321 20070601 2594.79 530000.00 51.46 No MI 17247240 20070501 3025.00 660000.00 80.00 No MI 17247241 20070601 2260.52 452104.00 80.00 No MI 17247242 20070601 2085.63 426000.00 78.89 No MI 17247243 20070601 3613.13 738000.00 67.09 No MI 17247254 20070501 3070.92 685600.00 80.00 No MI 17247335 20070701 3750.00 900000.00 60.00 No MI 17247326 20070601 2083.71 444524.00 80.00 No MI 17247246 20070601 3078.26 628750.00 78.59 No MI 17247247 20070601 2640.31 603500.00 85.00 MGIC 17247329 20070601 3905.00 568000.00 80.00 No MI 17247317 20070601 5078.65 995000.00 56.53 No MI 17247236 20070701 2401.67 524000.00 80.00 No MI 17247318 20070601 3133.33 640000.00 80.00 No MI 17247238 20070601 2428.33 496000.00 80.00 No MI 17247311 20070601 2041.67 490000.00 66.22 No MI 17247230 20070601 3038.71 571992.00 80.00 No MI 17247231 20070501 2550.06 499603.13 75.00 No MI 17247234 20070701 3410.00 744000.00 80.00 No MI 17256615 20070701 2750.00 528000.00 80.00 No MI 17256616 20070701 2552.08 500000.00 69.93 No MI 17256617 20070701 2347.97 500900.00 64.63 No MI 17256609 20070701 2556.67 472000.00 80.00 No MI 17256618 20070701 4120.83 860000.00 80.00 No MI 17256619 20070701 4895.83 1000000.00 78.30 No MI 17256610 20070701 2735.83 536000.00 80.00 No MI 17256611 20070601 3066.48 639960.00 80.00 No MI 17256613 20070701 2496.88 510000.00 63.75 No MI 17255906 20070701 3720.35 759901.00 75.25 No MI 17255907 20070701 2858.33 560000.00 79.43 No MI 17255917 20070701 3163.33 584000.00 80.00 No MI 17255908 20070701 3000.00 640000.00 80.00 No MI 17255918 20070701 3453.13 650000.00 76.92 No MI 17255909 20070701 3564.17 728000.00 80.00 No MI 17255919 20070701 2953.75 556000.00 80.00 No MI 17255885 20070601 2741.67 560000.00 65.12 No MI 17255894 20070601 3385.42 650000.00 79.37 No MI 17255896 20070601 3114.58 650000.00 79.85 No MI 17255887 20070701 6696.67 1312000.00 80.00 No MI 17255888 20070701 5270.00 992000.00 80.00 No MI 17255898 20070701 1869.52 448684.00 80.00 No MI 17255899 20070701 3185.00 624000.00 80.00 No MI 17255914 20070701 2854.69 507500.00 70.00 No MI 17255915 20070701 3040.00 608000.00 80.00 No MI 17255916 20070701 2975.00 560000.00 80.00 No MI 17255912 20070701 2894.76 464000.00 80.00 No MI 17255913 20070701 2868.75 540000.00 80.00 No MI 17255904 20070701 3363.68 645826.00 80.00 No MI 17255905 20070701 2377.34 447500.00 79.98 No MI 17255882 20070501 3608.65 707000.00 64.27 No MI 17255883 20070701 2276.56 465000.00 75.71 No MI 17255884 20070701 2695.31 575000.00 68.86 No MI 17255886 20070701 4791.67 1000000.00 76.05 No MI 17255889 20070601 4080.00 768000.00 80.00 No MI 17255910 20070701 2216.67 425600.00 80.00 No MI 17255911 20070701 2735.86 462500.00 69.81 No MI 17255897 20070601 2812.50 675000.00 73.94 No MI 17255900 20070701 2668.23 545000.00 78.42 No MI 17255901 20070701 2599.00 542400.00 80.00 No MI 17255902 20070701 2313.28 472500.00 76.70 No MI 17255903 20070701 2473.96 475000.00 70.37 No MI 17255880 20070601 3318.56 650167.00 79.94 No MI 17255881 20070601 5416.66 999999.00 74.18 No MI 17255895 20070601 5057.50 952000.00 80.00 No MI 17255891 20070601 2385.25 487200.00 80.00 No MI 17255893 20070601 3038.05 500000.00 80.00 No MI 17255890 20070601 2900.00 580000.00 80.00 No MI 17250575 20070701 2180.00 436000.00 80.00 No MI 17250577 20070701 2746.18 540000.00 80.00 No MI 17250578 20070701 6016.33 1089750.00 75.00 No MI 17250570 20070601 4705.68 852350.00 80.00 No MI 17250562 20070701 2677.08 514000.00 73.43 No MI 17247202 20070601 3449.33 752580.00 80.00 No MI 17247203 20070601 3674.50 734900.00 79.99 No MI 17247208 20070501 2894.78 544900.32 70.31 No MI 17247209 20070501 2340.08 440485.00 80.00 No MI 17247210 20070101 2578.13 495000.00 75.00 No MI 17247211 20070501 2422.50 456000.00 80.00 No MI 17247212 20070501 2633.33 505600.00 80.00 No MI 17247214 20070501 1047.29 135000.00 79.97 No MI 17247216 20070501 4053.22 926450.00 80.00 No MI 17247300 20070601 4791.49 880000.00 61.54 No MI 17247302 20070601 2838.33 524000.00 80.00 No MI 17247221 20070601 2736.77 559000.00 69.01 No MI 17247222 20070601 2400.00 480000.00 80.00 No MI 17247303 20070601 2465.00 464000.00 80.00 No MI 17247304 20070701 6800.31 1389000.00 34.94 No MI 17247223 20070601 2250.00 450000.00 75.00 No MI 17247224 20070601 3281.25 750000.00 75.00 No MI 17247306 20070601 2537.38 459600.00 79.93 No MI 17244962 20070501 5063.56 855127.27 80.00 No MI 17245030 20070601 2505.82 490936.00 80.00 No MI 17245031 20070601 2837.81 504500.00 55.75 No MI 17245032 20070601 2703.13 519000.00 71.59 No MI 17245033 20070601 4479.17 860000.00 80.00 No MI 17245034 20070601 616.94 465000.00 67.39 No MI 17245035 20070601 2501.04 490000.00 75.38 No MI 17245036 20070601 3082.92 604000.00 80.00 No MI 17245037 20070601 3447.92 662000.00 67.90 No MI 17245038 20070601 2250.00 432000.00 80.00 No MI 17245039 20070601 3172.24 621500.00 79.99 No MI 17245040 20070601 2268.75 484000.00 80.00 No MI 17245041 20070601 3574.58 746000.00 52.31 No MI 17245042 20070601 2308.50 426185.00 79.36 No MI 17245043 20070601 3470.83 680000.00 80.00 No MI 17245044 20070601 2883.75 487500.00 65.00 No MI 17245045 20070601 2291.67 500000.00 80.00 No MI 17245046 20070601 3266.26 639920.00 80.00 No MI 17245047 20070601 3555.62 473284.00 80.00 No MI 17245048 20070601 2550.00 480000.00 80.00 No MI 17245049 20070701 4635.16 889950.00 75.00 No MI 17245050 20070401 2830.50 447004.15 78.56 No MI 17245016 20070601 2690.25 506400.00 80.00 No MI 17245017 20070601 2919.75 549600.00 80.00 No MI 17245018 20070601 2095.42 428000.00 80.00 No MI 17245019 20070601 2500.00 480000.00 80.00 No MI 17245020 20070601 2445.92 479200.00 80.00 No MI 17245021 20070601 2521.03 432000.00 80.00 No MI 17245022 20070601 5129.17 984800.00 80.00 No MI 17245023 20070601 2392.79 468792.00 80.00 No MI 17245025 20070601 2587.50 460000.00 80.00 No MI 17245026 20070601 2679.99 447000.00 75.76 No MI 17245027 20070601 3665.63 765000.00 65.67 No MI 17245028 20070601 2491.67 460000.00 73.02 No MI 17245029 20070601 2281.56 447000.00 65.64 No MI 17245004 20070601 6076.11 1000000.00 80.00 No MI 17245005 20070601 3500.52 715000.00 76.06 No MI 17245006 20070601 4553.63 971440.00 79.63 No MI 17245007 20070601 4640.00 928000.00 80.00 No MI 17245008 20070601 3634.17 712000.00 80.00 No MI 17245009 20070601 2362.50 420000.00 80.00 No MI 17245010 20070701 6591.02 1346250.00 75.00 No MI 17245011 20070601 3300.00 720000.00 80.00 No MI 17245012 20070601 10505.47 1977500.00 70.00 No MI 17245013 20070601 3519.65 595000.00 70.00 No MI 17245014 20070601 4605.94 867000.00 76.05 No MI 17245015 20070601 3000.00 600000.00 73.17 No MI 17245000 20070601 1903.00 456720.00 80.00 No MI 17245001 20070601 2395.00 479000.00 77.13 No MI 17245002 20070601 5104.17 980000.00 80.00 No MI 17245003 20070601 3680.00 736000.00 80.00 No MI 17250580 20070701 4250.00 800000.00 48.48 No MI 17250571 20070701 3225.86 658900.00 72.41 No MI 17250569 20070601 2325.52 475000.00 95.00 Republic MIC 17250579 20070701 3917.16 800100.00 50.01 No MI 17250560 20070601 2324.32 507125.00 71.72 No MI 17250561 20070701 3385.42 650000.00 69.30 No MI 17250558 20070601 5000.00 1000000.00 80.00 No MI 17250567 20070601 2924.80 508080.00 80.00 No MI 17250568 20070601 2870.21 599000.00 63.39 No MI 17250566 20070601 2862.98 624650.00 80.00 No MI 17250576 20070701 2270.83 436000.00 80.00 No MI 17250572 20070701 4112.50 840000.00 62.22 No MI 17250557 20070601 4182.28 955950.00 79.74 No MI 17250563 20070701 3507.50 732000.00 80.00 No MI 17250581 20070701 2504.71 511600.00 80.00 No MI 17250573 20070701 3399.58 639920.00 80.00 No MI 17250564 20070601 2460.80 445730.00 80.00 No MI 17250574 20070701 3175.94 496000.00 80.00 No MI 17250565 20070601 2521.35 515000.00 76.30 No MI 17244984 20070601 3046.88 585000.00 46.43 No MI 17244985 20070601 2425.00 485000.00 65.10 No MI 17244986 20070501 3964.19 826620.00 80.00 No MI 17244987 20070501 6635.42 1300000.00 73.87 No MI 17244988 20070501 4895.83 1000000.00 37.04 No MI 17244989 20070501 4061.84 999796.87 71.43 No MI 17244935 20070301 2787.58 524721.25 69.96 No MI 17244936 20070201 3181.39 598684.52 61.11 No MI 17244937 20070201 3152.10 548481.06 79.74 No MI 17244938 20070501 2992.48 574556.99 65.66 No MI 17244939 20070601 2550.00 480000.00 80.00 No MI 17244940 20070601 6388.51 1304888.00 50.00 No MI 17244941 20070601 4568.75 860000.00 80.00 No MI 17244942 20060901 5261.67 971336.75 79.99 No MI 17244943 20070601 2480.67 466949.00 80.00 No MI 17244944 20070201 3375.00 648000.00 76.24 No MI 17244945 20070501 2540.95 487863.00 80.00 No MI 17244946 20070401 3017.58 591200.00 80.00 No MI 17244947 20070501 4870.47 994818.92 79.15 No MI 17244948 20070501 3028.33 632000.00 80.00 No MI 17244949 20070501 2213.54 425000.00 79.89 No MI 17244950 20070601 4166.67 800000.00 79.92 No MI 17244951 20070501 3640.00 728000.00 60.47 No MI 17244952 20070501 2211.61 471810.00 80.00 No MI 17244953 20070501 2992.50 598500.00 76.24 No MI 17244954 20070501 2624.38 494000.00 69.87 No MI 17244955 20070501 2380.48 466380.00 80.00 No MI 17244956 20070501 2225.00 444999.53 79.46 No MI 17244957 20070501 5018.23 1025000.00 69.49 No MI 17244958 20070501 2189.77 467150.00 79.85 No MI 17244959 20070601 2737.11 536250.00 75.00 No MI 17244960 20070501 2864.58 550000.00 68.75 No MI 17244961 20070501 4885.71 957200.00 70.00 No MI 17244963 20070501 5270.83 1100000.00 59.14 No MI 17244964 20070601 2880.00 576000.00 80.00 No MI 17244965 20070501 4600.00 920000.00 69.70 No MI 17244966 20070601 2458.17 481600.00 80.00 No MI 17244967 20070501 2109.13 430800.00 56.87 No MI 17244968 20070501 2362.29 493000.00 75.85 No MI 17244969 20070101 4895.07 998817.71 79.37 No MI 17244970 20070601 2251.01 459780.00 80.00 No MI 17244971 20070501 2801.15 479498.85 80.00 No MI 17244972 20070601 3198.80 697920.00 80.00 No MI 17244973 20070601 2302.08 442000.00 60.97 No MI 17244974 20070401 7395.00 1392000.00 80.00 No MI 17244975 20070601 2291.67 500000.00 51.55 No MI 17244976 20070601 5851.93 1146500.00 69.07 No MI 17244977 20070601 5020.31 945000.00 70.00 No MI 17244978 20070601 3281.70 519200.00 80.00 No MI 17244979 20070701 9900.00 1980000.00 80.00 No MI 17244980 20070601 2301.04 470000.00 64.38 No MI 17244981 20070601 3055.17 637600.00 80.00 No MI 17244982 20070601 8125.00 1500000.00 65.22 No MI 17244983 20070601 2368.33 464000.00 80.00 No MI 17256703 20070701 7000.00 1400000.00 76.71 No MI 17256709 20070701 2860.00 528000.00 80.00 No MI 17233121 20070601 4226.56 811500.00 73.77 No MI 17233122 20070601 3450.00 720000.00 80.00 No MI 17233126 20070501 4966.35 973000.00 58.97 No MI 17233117 20070501 2929.79 574000.00 70.00 No MI 17233037 20070501 3500.00 700000.00 57.14 No MI 17233460 20070601 2370.89 464500.00 78.73 No MI 17233451 20070601 2497.42 452362.00 70.03 No MI 17233111 20070401 3150.00 671999.36 78.60 No MI 17233031 20070501 2643.52 551691.04 84.88 United Guaranty 17233112 20070501 4791.67 1000000.00 55.10 No MI 17247297 20070601 2245.83 440000.00 80.00 No MI 17247298 20070701 2350.00 480000.00 80.00 No MI 17247372 20070601 3520.83 650000.00 67.71 No MI 17247292 20070601 2212.92 452000.00 80.00 No MI 17233019 20070501 5425.73 1063000.00 40.88 No MI 17233103 20070501 3266.67 640000.00 77.25 No MI 17233104 20070601 4738.75 892000.00 80.00 No MI 17233026 20070501 2600.00 520000.00 80.00 No MI 17247366 20070601 2911.25 548000.00 80.00 No MI 17247285 20070701 2213.54 425000.00 59.03 No MI 17247368 20070601 3011.67 556000.00 80.00 No MI 17247369 20070701 2452.25 461600.00 80.00 No MI 17247363 20070701 2685.43 515602.00 80.00 No MI 17247364 20070701 2940.00 576000.00 80.00 No MI 17247341 20070601 3450.42 637000.00 70.00 No MI 17247262 20070601 2810.00 562000.00 71.59 No MI 17247345 20070701 2468.45 504195.00 80.00 No MI 17247347 20070601 2437.50 450000.00 73.77 No MI 17247267 20070601 2545.70 498750.00 75.00 No MI 17247352 20070601 3095.17 606400.00 80.00 No MI 17247354 20070601 3065.83 566000.00 68.61 No MI 17247275 20070601 2562.29 502000.00 80.00 No MI 17247359 20070701 2550.00 480000.00 71.64 No MI 17247360 20070601 2592.50 488000.00 80.00 No MI 17247361 20070601 3400.00 640000.00 69.19 No MI 17247281 20070601 3086.66 508000.00 80.00 No MI 17247323 20070701 3613.75 708000.00 80.00 No MI 17247325 20070701 2960.28 487200.00 80.00 No MI 17247250 20070601 2654.17 490000.00 80.00 No MI 17247334 20070601 3575.00 660000.00 56.90 No MI 17247337 20070601 2458.33 472000.00 80.00 No MI 17247257 20070601 2550.00 480000.00 77.42 No MI 17247245 20070601 2539.58 530000.00 74.13 No MI 17247330 20070701 3427.08 700000.00 60.61 No MI 17247229 20070601 2229.09 436720.00 80.00 No MI 17247232 20070701 5208.33 1000000.00 68.97 No MI 17247314 20070701 2572.92 475000.00 67.86 No MI 17247233 20070701 3352.25 607200.00 80.00 No MI 17247315 20070601 3015.83 616000.00 80.00 No MI 17247215 20070401 2982.81 622500.00 75.00 No MI 17233392 20070601 2800.55 517024.00 80.00 No MI 17233393 20070601 2772.92 484000.00 80.00 No MI 17233394 20070601 2448.33 452000.00 80.00 No MI 17233395 20070601 2932.50 552000.00 80.00 No MI 17233396 20070601 2894.42 591200.00 80.00 No MI 17233398 20070601 2629.69 495000.00 77.83 No MI 17233399 20070601 2818.75 492000.00 80.00 No MI 17247201 20070701 2997.50 436000.00 80.00 No MI 17247206 20070601 2799.87 437268.00 80.00 No MI 17247213 20070501 7145.83 1400000.00 61.27 No MI 17247301 20070601 3020.83 580000.00 80.00 No MI 17247305 20070601 2528.92 527775.00 51.14 No MI 17233370 20070601 4083.33 800000.00 69.14 No MI 17233453 20070601 3914.27 751540.00 80.00 No MI 17233372 20070601 5156.25 1100000.00 64.14 No MI 17233454 20070601 3038.05 500000.00 66.67 No MI 17233373 20070601 2985.21 623000.00 69.22 No MI 17233455 20070601 2682.92 548000.00 80.00 No MI 17233374 20070601 2681.25 495000.00 75.00 No MI 17233457 20070601 3291.80 596250.00 75.00 No MI 17233376 20070701 3320.42 613000.00 65.91 No MI 17233458 20070601 2911.25 548000.00 80.00 No MI 17233377 20070601 2968.33 548000.00 79.42 No MI 17233459 20070601 5637.50 1230000.00 60.00 No MI 17233378 20070601 2952.54 534800.00 80.00 No MI 17233379 20070601 4687.50 900000.00 56.25 No MI 17233461 20070601 3057.51 514400.00 80.00 No MI 17233462 20070601 4010.42 770000.00 70.00 No MI 17233464 20070601 4361.46 790000.00 63.63 No MI 17233383 20070601 3000.00 600000.00 77.92 No MI 17233384 20070601 2870.29 529900.00 72.59 No MI 17233466 20070601 6133.33 1280000.00 80.00 No MI 17233385 20070601 2295.00 432000.00 80.00 No MI 17233387 20070601 2375.48 465400.00 77.18 No MI 17233388 20070601 3029.00 559200.00 80.00 No MI 17233389 20070601 2741.67 560000.00 80.00 No MI 17233470 20070601 3792.41 600000.00 70.59 No MI 17233390 20070601 2656.25 500000.00 55.56 No MI 17233352 20070501 3046.90 573533.58 75.00 No MI 17233434 20070601 2307.08 452000.00 78.61 No MI 17233191 20070601 5000.00 1000000.00 62.50 No MI 17233353 20070601 2245.83 440000.00 69.29 No MI 17233435 20070601 2925.00 520000.00 80.00 No MI 17233192 20070601 3888.71 640000.00 80.00 No MI 17233354 20070601 2450.00 480000.00 80.00 No MI 17233436 20070601 3105.00 552000.00 80.00 No MI 17233355 20070601 2519.53 483750.00 75.00 No MI 17233437 20070601 2401.25 452000.00 73.50 No MI 17233356 20070601 2812.70 445000.00 50.86 No MI 17233439 20070601 2924.48 561500.00 82.57 United Guaranty 17233199 20070601 3176.88 598000.00 72.93 No MI 17233440 20070601 3265.59 510000.00 75.00 No MI 17233441 20070601 2775.46 451600.00 80.00 No MI 17233443 20070601 5312.50 1000000.00 68.97 No MI 17233362 20070601 2604.17 500000.00 71.43 No MI 17233444 20070601 2686.00 505600.00 80.00 No MI 17233445 20070601 3952.92 716000.00 80.00 No MI 17233446 20070601 2337.50 440000.00 80.00 No MI 17233447 20070601 2562.08 473000.00 72.77 No MI 17233448 20070601 3937.50 700000.00 57.28 No MI 17233449 20070601 2320.50 436800.00 54.60 No MI 17233421 20070601 4161.46 850000.00 60.71 No MI 17233340 20070601 2497.40 479500.00 69.49 No MI 17233422 20070601 2395.94 451000.00 45.33 No MI 17233423 20070601 3593.75 690000.00 74.59 No MI 17233342 20070601 2374.69 447000.00 70.95 No MI 17233181 20070501 3056.17 624228.98 52.04 No MI 17233425 20070601 2686.00 505600.00 80.00 No MI 17233182 20070601 3125.00 600000.00 48.98 No MI 17233426 20070601 2825.15 512000.00 80.00 No MI 17233183 20070601 4650.00 930000.00 62.00 No MI 17233427 20070601 2847.50 536000.00 80.00 No MI 17233346 20070601 2764.67 510400.00 80.00 No MI 17233428 20070601 2239.58 430000.00 61.87 No MI 17233347 20070601 2818.39 510500.00 35.45 No MI 17233429 20070601 2916.67 500000.00 80.00 No MI 17233186 20070601 2423.44 495000.00 78.57 No MI 17233348 20070601 2552.08 490000.00 72.59 No MI 17233188 20070601 2998.67 553600.00 80.00 No MI 17233430 20070601 3819.17 692000.00 75.63 No MI 17233431 20070601 4255.63 619000.00 74.13 No MI 17233350 20070501 2205.00 432000.00 80.00 No MI 17233408 20070601 3479.17 668000.00 80.00 No MI 17233165 20070601 3236.71 706192.00 80.00 No MI 17233085 20070601 4229.17 812000.00 80.00 No MI 17233328 20070601 3445.31 675000.00 76.79 No MI 17233329 20070601 2500.00 480000.00 72.73 No MI 17233168 20070601 5000.00 1000000.00 73.26 No MI 17233410 20070601 3150.00 604800.00 80.00 No MI 17233411 20070601 2485.83 467920.00 80.00 No MI 17233412 20070601 2437.50 468000.00 80.00 No MI 17233331 20070601 2783.75 524000.00 80.00 No MI 17233332 20070601 2805.00 528000.00 80.00 No MI 17233414 20070601 4637.50 840000.00 80.00 No MI 17233090 20070601 2447.92 500000.00 80.00 No MI 17233415 20070601 2284.38 430000.00 58.90 No MI 17233172 20070601 4240.44 823200.00 80.00 No MI 17233334 20070601 2816.67 520000.00 80.00 No MI 17233416 20070601 2244.79 431000.00 65.30 No MI 17233417 20070601 4700.00 960000.00 80.00 No MI 17233336 20070601 4823.44 945000.00 70.00 No MI 17233418 20070601 4400.00 880000.00 73.33 No MI 17233175 20070601 4331.25 630000.00 69.23 No MI 17233419 20070601 2823.59 531500.00 77.59 No MI 17233338 20070601 2645.83 508000.00 79.81 No MI 17233339 20070501 5585.94 975000.00 75.00 No MI 17233098 20070601 3333.33 640000.00 80.00 No MI 17233099 20070601 2460.21 482000.00 75.31 No MI 17233420 20070601 2200.00 440000.00 80.00 No MI 17233314 20070601 2979.17 550000.00 69.62 No MI 17233153 20070601 3150.00 630000.00 60.00 No MI 17233316 20070601 2390.63 450000.00 67.67 No MI 17233155 20070601 2654.17 520000.00 80.00 No MI 17233317 20070601 2252.08 460000.00 31.94 No MI 17233318 20070601 5062.50 900000.00 75.00 No MI 17233157 20070601 2498.29 599590.00 75.11 No MI 17233077 20070601 2937.50 564000.00 80.00 No MI 17233400 20070601 4896.67 904000.00 80.00 No MI 17233401 20070601 2979.17 572000.00 80.00 No MI 17233320 20070601 3453.13 650000.00 56.52 No MI 17233402 20070701 7343.75 1500000.00 75.95 No MI 17233321 20070601 2916.67 500000.00 79.37 No MI 17233160 20070601 4791.67 920000.00 80.00 No MI 17233404 20070601 4162.50 799200.00 80.00 No MI 17233161 20070501 2465.00 464000.00 69.25 No MI 17233323 20070601 2604.17 500000.00 51.95 No MI 17233082 20070601 2573.38 496000.00 80.00 No MI 17233326 20070601 2250.00 432000.00 69.12 No MI 17233310 20070601 4260.42 818000.00 60.59 No MI 17233311 20070601 7395.83 1420000.00 80.00 No MI 17233312 20070601 2805.00 528000.00 80.00 No MI 17233070 20070601 2621.25 559200.00 80.00 No MI 17233313 20070601 5187.50 996000.00 80.00 No MI 17233148 20070601 3727.25 701600.00 80.00 No MI 17233061 20070601 3796.35 728900.00 75.14 No MI 17233143 20070601 3466.67 640000.00 79.50 No MI 17233305 20070601 5315.37 852000.00 80.00 No MI 17233306 20070601 3213.54 617000.00 44.07 No MI 17233307 20070601 2958.33 568000.00 80.00 No MI 17233138 20070401 3272.29 615960.00 80.00 No MI 17233303 20070601 4700.00 960000.00 80.00 No MI 17233053 20070601 2700.00 540000.00 80.00 No MI 17233134 20070601 3172.73 551150.00 80.00 No MI 17233055 20070601 4340.00 868000.00 80.00 No MI 17233057 20070601 3201.73 520000.00 80.00 No MI 17233131 20070601 3315.00 612000.00 80.00 No MI 17233284 20070601 3062.50 600000.00 71.86 No MI 17233287 20070601 3080.00 672000.00 80.00 No MI 17233289 20070601 3551.41 668500.00 74.28 No MI 17233291 20070501 5270.83 920000.00 80.00 No MI 17233294 20070501 2746.56 517000.00 74.39 No MI 17233297 20070601 9296.88 1750000.00 77.78 No MI 17233298 20070601 5520.83 1000000.00 69.20 No MI 17233299 20070601 2897.33 524800.00 80.00 No MI 17232984 20070601 2669.00 502400.00 80.00 No MI 17233201 20070601 3350.00 670000.00 56.40 No MI 17233202 20070501 2394.43 522419.43 41.97 No MI 17233203 20070601 4000.00 800000.00 80.00 No MI 17233205 20070601 2137.50 427500.00 79.46 No MI 17233208 20070601 6980.15 1180000.00 80.00 No MI 17233213 20070601 3671.88 750000.00 76.14 No MI 17233215 20070601 2295.82 479128.00 80.00 No MI 17233217 20070601 3759.61 767920.00 80.00 No MI 17233220 20070601 2635.42 550000.00 70.97 No MI 17233223 20070601 2937.50 600000.00 80.00 No MI 17233224 20070601 2812.50 540000.00 60.34 No MI 17233225 20070501 2801.15 480000.00 79.27 No MI 17233228 20070601 6282.82 1283300.00 22.13 No MI 17233230 20070601 4318.23 730000.00 66.36 No MI 17233231 20070601 2854.17 548000.00 80.00 No MI 17233232 20070501 4298.44 825300.00 80.00 No MI 17233234 20070601 2797.97 473000.00 75.92 No MI 17233237 20070701 4625.00 925000.00 75.51 No MI 17233244 20070601 4446.67 928000.00 80.00 No MI 17233246 20070601 3800.00 760000.00 80.00 No MI 17233247 20070601 2968.75 570000.00 70.37 No MI 17233248 20070601 2552.08 490000.00 56.98 No MI 17233258 20070601 5000.00 1000000.00 76.92 No MI 17233259 20070601 3091.67 560000.00 80.00 No MI 17233261 20070601 4216.67 920000.00 80.00 No MI 17233263 20070601 2550.00 480000.00 79.73 No MI 17233278 20070601 5206.98 1000000.00 72.73 No MI 17233281 20070601 2970.83 620000.00 73.81 No MI 17233035 20070501 2755.21 529000.00 79.55 No MI 17247378 20070601 3400.00 640000.00 80.00 No MI 17247379 20070701 2766.44 541996.00 80.00 No MI 17247299 20070601 3902.38 642250.00 67.61 No MI 17233027 20070501 2910.33 594450.00 80.00 No MI 17247339 20070601 3723.96 650000.00 73.03 No MI 17247260 20070601 3206.67 592000.00 80.00 No MI 17247264 20070601 3839.50 767900.00 80.00 No MI 17247358 20070701 3500.00 700000.00 66.67 No MI 17247244 20070601 4062.50 780000.00 80.00 No MI 17247332 20070601 3126.67 536000.00 80.00 No MI 17247336 20070701 2447.92 500000.00 80.00 No MI 17247338 20070701 3585.94 675000.00 61.64 No MI 17247249 20070501 5729.17 1000000.00 60.61 No MI 17247319 20070701 5208.33 1000000.00 76.92 No MI 17247239 20070601 2576.20 449664.00 80.00 No MI 17247313 20070601 2291.67 440000.00 80.00 No MI 17247307 20070601 2859.17 584000.00 80.00 No MI 17247308 20070601 2417.19 455000.00 74.59 No MI 17233473 20070601 4297.50 764000.00 80.00 No MI 17233474 20070601 2812.50 500000.00 76.92 No MI 17247200 20070401 2626.46 560312.00 67.92 No MI 17247205 20070601 3339.13 641113.46 66.85 No MI 17247207 20070601 3069.20 545635.92 94.89 Triad Guaranty 17247220 20070601 2700.00 480000.00 80.00 No MI 17233450 20070601 5624.72 999950.00 80.00 No MI 17233371 20070601 4195.83 760000.00 80.00 No MI 17233375 20070601 4050.00 720000.00 80.00 No MI 17233380 20070601 2867.65 540000.00 67.50 No MI 17233463 20070601 3855.52 618000.00 80.00 No MI 17233382 20070601 2900.00 580000.00 80.00 No MI 17233386 20070601 3390.62 589000.00 47.12 No MI 17233468 20070601 3060.00 576000.00 76.80 No MI 17233469 20070601 2695.00 528000.00 79.88 No MI 17233471 20070601 2762.14 437000.00 76.53 No MI 17233472 20070601 2720.00 512000.00 80.00 No MI 17233194 20070601 2552.08 500000.00 54.05 No MI 17233357 20070601 5500.00 1100000.00 64.71 No MI 17233358 20070601 2335.96 467192.00 80.00 No MI 17233363 20070601 4730.45 789000.00 60.69 No MI 17233365 20070601 4200.00 840000.00 80.00 No MI 17233368 20070601 3250.00 600000.00 42.86 No MI 17233369 20070601 6450.00 1290000.00 66.49 No MI 17233341 20070601 2928.52 551250.00 75.00 No MI 17233187 20070601 3300.53 597832.00 77.59 No MI 17233351 20070601 3375.00 648000.00 76.24 No MI 17233330 20070601 2378.54 466000.00 63.84 No MI 17233152 20070501 4498.67 799750.00 80.00 No MI 17233315 20070601 4005.14 784680.00 80.00 No MI 17233079 20070601 4800.00 960000.00 80.00 No MI 17233403 20070601 3348.75 684000.00 80.00 No MI 17233322 20070601 2497.50 444000.00 80.00 No MI 17233405 20070601 5312.50 1000000.00 77.22 No MI 17233163 20070601 3208.75 604000.00 80.00 No MI 17233325 20070601 2656.25 500000.00 68.97 No MI 17233068 20070601 3498.44 671700.00 79.15 No MI 17233308 20070601 2358.75 444000.00 80.00 No MI 17233065 20070401 7656.25 1500000.00 60.00 No MI 17233146 20070501 4032.29 790000.00 69.30 No MI 17233139 20070601 3607.19 679000.00 77.25 No MI 17233048 20070501 2194.79 430000.00 74.14 No MI 17233283 20070601 2639.75 527950.00 80.00 No MI 17233286 20070601 3387.88 536000.00 80.00 No MI 17232995 20070501 2552.08 500000.00 71.43 No MI 17233200 20070501 2708.33 500000.00 59.52 No MI 17233207 20070601 2852.81 537000.00 69.29 No MI 17233210 20070601 3229.17 620000.00 31.39 No MI 17233222 20070601 2312.50 444000.00 80.00 No MI 17233227 20070601 2245.83 440000.00 64.61 No MI 17233229 20070601 3199.29 626800.00 80.00 No MI 17233238 20070601 4473.96 859000.00 66.85 No MI 17233239 20070601 3450.52 625000.00 56.82 No MI 17233250 20070601 3104.17 596000.00 80.00 No MI 17233255 20070601 2592.50 488000.00 80.00 No MI 17233270 20070601 3791.67 728000.00 79.13 No MI 17233276 20070601 2830.64 543483.00 67.94 No MI 17233279 20070601 2373.44 465000.00 62.00 No MI 17151971 20070401 3150.00 560000.00 79.43 No MI 17151933 20070401 3187.50 600000.00 75.00 No MI 17151935 20070401 2267.58 483750.00 75.00 No MI 17151950 20070401 2946.67 544000.00 80.00 No MI 17151953 20070401 2507.50 472000.00 80.00 No MI 17151974 20070401 3802.50 702000.00 69.64 No MI 17151981 20070401 1511.33 273750.00 75.00 No MI 17151983 20070401 3107.81 585000.00 65.00 No MI 17151992 20070401 12109.37 2325000.00 75.00 No MI 17152002 20070401 3125.00 625000.00 71.43 No MI 17152005 20070401 1752.06 329800.00 75.00 No MI 17151917 20070501 10183.33 1880000.00 80.00 No MI 17151913 20070401 3374.67 554317.59 80.00 No MI 17151976 20070401 3454.17 663200.00 80.00 No MI 17151998 20070401 2766.12 491755.33 80.00 No MI 17152007 20070401 2713.03 510687.34 78.03 No MI LOAN_SEQ MERS_ID1 MARGIN NEXT_RATE_ NEXT_PAY_ MAX_RATE ADJ_DATE1 ADJ_DATE1 ------------------------------------------------------------------------------------------------------------------------------ 17151996 '100013800918231040 2.750 20120301 20120401 12.2500 17151960 '100013800917287332 2.750 20120301 20120401 12.1250 17151912 '100013807505624495 2.750 20120201 20120301 12.3750 17151914 '100013800909122968 2.750 20111101 20111201 12.5000 17151922 '100013800913988834 2.750 20120101 20120201 11.7500 17151924 '100013800914156878 2.750 20120201 20120301 12.7500 17151926 '100013800914366592 2.750 20120101 20120201 11.5000 17151927 '100013800914445131 2.750 20120101 20120201 12.3750 17151929 '100013800914481342 2.750 20120101 20120201 12.3750 17151931 '100013800914923483 2.750 20120101 20120201 12.2500 17151946 '100013800916692185 2.750 20120201 20120301 11.8750 17151925 '100013800914316845 2.750 20120301 20120401 12.5000 17151928 '100013800914462458 2.750 20120301 20120401 12.6250 17151930 '100013800914744038 2.750 20120301 20120401 12.3750 17151932 '100013800915042580 2.750 20120301 20120401 12.5000 17151934 '100013800915411850 2.750 20120301 20120401 11.7500 17151937 '100013800916161280 2.750 20120301 20120401 12.7500 17151938 '100013800916234137 2.750 20120301 20120401 11.8750 17151939 '100013800916240316 2.750 20120301 20120401 11.8750 17151940 '100013800916311018 2.750 20120301 20120401 12.7500 17151941 '100013800916356153 2.750 20120301 20120401 12.0000 17151942 '100013800916414150 2.750 20120301 20120401 12.1250 17151943 '100013800916576925 2.750 20120301 20120401 12.0000 17151944 '100013800916650183 2.750 20120301 20120401 12.1250 17151945 '100013800916675198 2.750 20120301 20120401 12.2500 17151947 '100013800916861053 2.750 20120401 20120501 12.7500 17151948 '100013800916879626 2.750 20120301 20120401 12.3750 17151949 '100013800916887884 2.750 20120301 20120401 12.6250 17151951 '100013800917046506 2.750 20120301 20120401 12.0000 17151954 '100013800917157063 2.750 20120301 20120401 11.8750 17151955 '100013800917226033 2.750 20120301 20120401 12.8750 17151956 '100013800917231553 2.750 20120301 20120401 12.3750 17151958 '100013800917249142 2.750 20120301 20120401 11.8750 17151961 '100013800917290120 2.750 20120301 20120401 12.0000 17151962 '100013800917303337 2.750 20120301 20120401 11.8750 17151963 '100013800917323137 2.750 20120301 20120401 12.5000 17151964 '100013800917360253 2.750 20120301 20120401 11.8750 17151965 '100013800917386332 2.750 20120401 20120501 12.3750 17151967 '100013800917436418 2.750 20120301 20120401 12.3750 17151969 '100013800917440451 2.750 20120301 20120401 12.2500 17151970 '100013800917449387 2.750 20120301 20120401 12.3750 17151972 '100013800917538718 2.750 20120301 20120401 12.0000 17151973 '100013800917564524 2.750 20120301 20120401 12.3750 17151975 '100013800917622868 2.750 20120301 20120401 11.8750 17151977 '100013800917737211 2.750 20120301 20120401 12.2500 17151978 '100013800917737625 2.750 20120301 20120401 11.8750 17152017 '100013800918679297 2.750 20120401 20120501 12.1250 17152018 '100013800918685963 2.750 20120301 20120401 12.2500 17152019 '100013800918687118 2.750 20120401 20120501 11.8750 17152020 '100013800918725561 2.750 20120301 20120401 11.3750 17152021 '100013800918731171 2.750 20120301 20120401 12.6250 17152022 '100013800918736956 2.750 20120301 20120401 12.2500 17152023 '100013800918912185 2.750 20120401 20120501 12.1250 17152024 '100013800918960762 2.750 20120401 20120501 11.8750 17152025 '100013800918969284 2.750 20120301 20120401 11.6250 17152026 '100013800919025938 2.750 20120401 20120501 12.5000 17152027 '100013800919081949 2.750 20120401 20120501 11.8750 17152028 '100013800919168415 2.750 20120401 20120501 12.2500 17152029 '100013800919343729 2.750 20120401 20120501 12.2500 17151979 '100013800917751303 2.750 20120301 20120401 12.5000 17151980 '100013800917756435 2.750 20120301 20120401 11.8750 17151982 '100013800917800498 2.750 20120301 20120401 12.7500 17151986 '100013800917881589 2.750 20120301 20120401 12.2500 17151987 '100013800917893477 2.750 20120301 20120401 12.5000 17151988 '100013800917925808 2.750 20120301 20120401 12.3750 17151989 '100013800917948594 2.750 20120301 20120401 12.2500 17151990 '100013800917985950 3.375 20120301 20120401 13.5000 17151991 '100013800918093762 2.750 20120301 20120401 12.7500 17151994 '100013800918124955 2.750 20120301 20120401 12.3750 17152000 '100013800918302320 2.750 20120301 20120401 12.0000 17152001 '100013800918311313 2.750 20120301 20120401 12.3750 17152003 '100013800918345808 2.750 20120301 20120401 12.7500 17152004 '100013800918359262 2.750 20120301 20120401 12.2500 17152006 '100013800918373446 2.750 20120301 20120401 12.3750 17152008 '100013800918436722 2.750 20120301 20120401 12.3750 17152009 '100013800918481504 2.750 20120301 20120401 12.5000 17152010 '100013800918493152 2.750 20120301 20120401 12.2500 17152011 '100013800918546462 2.750 20120301 20120401 11.7500 17152012 '100013800918577558 2.750 20120301 20120401 12.0000 17152013 '100013800918622438 2.750 20120401 20120501 11.8750 17152015 '100013800918651965 2.750 20120301 20120401 12.3750 17151898 '100013802032820583 2.750 20120301 20120401 12.0000 17151899 '100404001012323000 2.750 20120301 20120401 12.3750 17151902 '100013802032903413 2.750 20120301 20120401 11.7500 17151903 '100013802032916795 2.750 20120301 20120401 12.7500 17151904 '100013802032944599 2.750 20120301 20120401 11.8750 17151905 '100013802033084650 2.750 20120301 20120401 12.5000 17151906 '100013802033147374 3.375 20120301 20120401 12.8750 17151908 '100512700002006322 2.750 20120201 20120301 12.5000 17151909 '100404007012427022 2.750 20120301 20120401 12.5000 17151910 '100155800000363295 2.750 20120301 20120401 12.0000 17151916 '100013800909313203 2.750 20120301 20120401 12.8750 17151921 '100013800913897340 2.750 20120101 20120201 12.0000 17151923 '100013800914040387 2.750 20120101 20120201 11.8750 17151911 '100013807003522308 2.750 20120401 20120501 12.3750 17151957 '100013800917240885 2.750 20120301 20120401 12.1250 17151995 '100013800918202413 2.750 20120301 20120401 12.7500 17153681 '100011300086810453 2.750 20120301 20120401 11.8750 17153682 '100011300086811477 2.750 20120301 20120401 12.0000 17153683 '100011300086823456 2.250 20120301 20120401 12.2500 17153684 '100011300086842977 2.750 20120301 20120401 12.3750 17153685 '100011300086858403 2.750 20120401 20120501 11.3750 17153686 '100011300086876181 2.750 20120401 20120501 11.3750 17153688 '100011300086881256 2.750 20120301 20120401 11.2500 17153689 '100011300086888616 2.750 20120301 20120401 12.0000 17153690 '100011300086890349 2.750 20120301 20120401 11.6250 17153691 '100011300086892287 2.750 20120301 20120401 11.8750 17153692 '100011300086897492 2.250 20120301 20120401 11.7500 17153693 '100011300086899944 2.750 20120301 20120401 12.2500 17153694 '100011300086956348 2.750 20120301 20120401 11.7500 17153695 '100011300086958260 2.750 20120301 20120401 11.5000 17153696 '100011300086958856 2.750 20120301 20120401 11.5000 17153697 '100011300086959060 2.750 20120301 20120401 12.3750 17153698 '100011300086972022 2.750 20120301 20120401 11.2500 17153699 '100011300086972113 2.750 20120301 20120401 11.7500 17153700 '100011300086975769 2.250 20120301 20120401 11.3750 17153701 '100011300086981643 2.750 20120301 20120401 11.5000 17153702 '100011300086981932 2.750 20120301 20120401 11.5000 17153703 '100011300086982492 2.750 20120401 20120501 12.0000 17153704 '100011300086986501 2.750 20120301 20120401 11.3750 17153705 '100011300086987921 2.750 20120301 20120401 11.3750 17153706 '100011300086992731 2.750 20120301 20120401 11.1250 17153707 '100011300087001920 2.750 20120301 20120401 11.6250 17153708 '100011300087003363 2.750 20120301 20120401 11.6250 17153709 '100011300087034293 2.250 20120301 20120401 11.1250 17153710 '100011300087034590 2.750 20120301 20120401 11.7500 17153711 '100011300087084041 2.750 20120301 20120401 11.7500 17153712 '100011300087091186 2.250 20120301 20120401 12.6250 17153713 '100011300087094461 2.750 20120301 20120401 11.5000 17153714 '100011300087096888 2.750 20120301 20120401 11.7500 17153715 '100011300087107636 2.750 20120301 20120401 11.3750 17153716 '100011300087108212 2.750 20120301 20120401 11.7500 17153717 '100011300087135272 2.750 20120301 20120401 11.6250 17153718 '100011300087140066 2.750 20120301 20120401 12.2500 17153719 '100011300087148267 2.750 20120301 20120401 11.6250 17153720 '100011300087174123 2.750 20120301 20120401 11.5000 17153721 '100011300087204110 2.750 20120301 20120401 11.8750 17153722 '100011300087216981 2.750 20120301 20120401 12.5000 17153723 '100011300087240684 2.750 20120301 20120401 11.8750 17153726 '100011300087334388 2.750 20120301 20120401 11.0000 17153727 '100011300087436357 2.750 20120301 20120401 11.2500 17153728 '100011300087459615 2.750 20120301 20120401 11.8750 17153729 2.750 20120401 20120501 12.2500 17153537 '100011300085886066 2.750 20120301 20120401 11.5000 17153539 '100011300085900644 2.750 20120301 20120401 12.3750 17153540 '100011300085954518 2.750 20120301 20120401 11.6250 17153541 '100011300085956877 2.750 20120201 20120301 11.5000 17153542 '100011300085956935 2.750 20120301 20120401 11.5000 17153543 '100011300085956943 2.750 20120201 20120301 11.5000 17153544 '100011300085971785 2.750 20120201 20120301 11.6250 17153545 '100011300085974441 2.750 20120201 20120301 11.7500 17153546 '100011300085978392 2.750 20120201 20120301 11.0000 17153547 '100011300085984762 2.750 20120201 20120301 11.6250 17153548 '100011300085985694 2.750 20120201 20120301 12.5000 17153549 '100011300085985900 2.750 20120201 20120301 11.3750 17153550 '100011300086002150 2.750 20120301 20120401 11.3750 17153551 '100011300086006540 2.750 20120301 20120401 10.7500 17153552 '100011300086030490 2.250 20120301 20120401 11.1250 17153553 '100011300086036232 2.750 20120101 20120201 11.3750 17153554 '100011300086058772 2.750 20120201 20120301 11.1250 17153556 '100011300086077202 2.750 20120301 20120401 11.3750 17153557 '100011300086081758 2.750 20120301 20120401 9.8750 17153558 '100011300086099420 2.750 20120201 20120301 11.5000 17153559 '100011300086113171 2.750 20120201 20120301 12.3750 17153560 '100011300086114278 2.750 20120301 20120401 11.3750 17153561 '100011300086125175 2.750 20120301 20120401 11.7500 17153562 '100011300086161873 2.750 20120201 20120301 10.8750 17153563 '100011300086166641 2.750 20120301 20120401 11.2500 17153564 '100011300086177762 2.750 20120201 20120301 12.5000 17153565 '100011300086189106 2.750 20120201 20120301 11.1250 17153566 '100011300086190641 2.750 20120201 20120301 11.7500 17153567 '100011300086194676 2.750 20120201 20120301 11.5000 17153568 '100011300086197760 2.750 20120201 20120301 11.5000 17153569 '100011300086204814 2.750 20120301 20120401 11.6250 17153570 '100011300086210811 2.750 20120301 20120401 11.3750 17153571 '100011300086217618 2.750 20120301 20120401 11.3750 17153572 '100011300086225561 2.750 20120201 20120301 11.3750 17153573 '100011300086228417 2.750 20120301 20120401 11.3750 17153575 '100011300086230504 2.750 20120301 20120401 12.0000 17153576 '100011300086231163 2.750 20120201 20120301 11.5000 17153577 '100011300086234738 2.250 20120201 20120301 12.5000 17153578 '100011300086237343 2.750 20120201 20120301 11.0000 17153579 '100011300086248977 2.750 20120201 20120301 12.2500 17153580 '100011300086257101 2.750 20120301 20120401 11.6250 17153581 '100011300086259073 2.750 20120401 20120501 11.2500 17153582 '100011300086272597 2.750 20120301 20120401 11.2500 17153583 '100011300086282372 2.750 20120301 20120401 11.5000 17153584 '100011300086292942 2.750 20120301 20120401 11.7500 17153585 '100011300086299129 2.750 20120301 20120401 11.5000 17153586 '100011300086302709 2.750 20120201 20120301 11.2500 17153587 '100011300086309894 2.750 20120301 20120401 11.3750 17153588 '100011300086310819 2.750 20120201 20120301 11.3750 17153589 '100011300086310991 2.750 20120201 20120301 10.8750 17153591 '100011300086336962 2.750 20120201 20120301 11.8750 17153592 '100011300086340824 2.750 20120301 20120401 11.5000 17153593 '100011300086344909 2.250 20120301 20120401 10.6250 17153596 '100011300086360921 2.750 20120301 20120401 11.3750 17153597 '100011300086364824 2.750 20120201 20120301 11.5000 17153598 '100011300086369914 2.750 20120201 20120301 11.3750 17153599 '100011300086371779 2.750 20120201 20120301 11.1250 17153600 '100011300086380937 2.750 20120301 20120401 11.1250 17153601 '100011300086381729 2.250 20120301 20120401 12.6250 17153602 '100011300086382545 2.750 20120301 20120401 12.5000 17153603 '100011300086383543 2.750 20120201 20120301 11.5000 17153604 '100011300086388310 2.750 20120301 20120401 11.6250 17153605 '100011300086402384 2.750 20120301 20120401 11.3750 17153606 '100011300086405320 2.750 20120401 20120501 11.6250 17153608 '100011300086409744 2.750 20120301 20120401 12.0000 17153609 '100011300086414470 2.750 20120201 20120301 11.2500 17153610 '100011300086417176 2.750 20120301 20120401 11.6250 17153611 '100011300086419537 2.750 20120301 20120401 11.7500 17153612 '100011300086419743 2.750 20120301 20120401 11.3750 17153613 '100011300086424206 2.750 20120201 20120301 11.5000 17153614 '100011300086424396 2.750 20120301 20120401 11.2500 17153615 '100011300086426078 2.750 20120301 20120401 11.8750 17153616 '100011300086431672 2.750 20120301 20120401 11.5000 17153617 '100011300086434379 2.750 20120301 20120401 11.1250 17153618 '100011300086435293 2.750 20120201 20120301 11.5000 17153619 '100011300086450383 2.750 20120301 20120401 11.3750 17153620 '100011300086456950 2.750 20120301 20120401 11.0000 17153622 '100011300086476321 2.750 20120301 20120401 11.5000 17153623 '100011300086489944 2.750 20120301 20120401 11.2500 17153624 '100011300086491296 2.750 20120301 20120401 11.7500 17153625 '100011300086511549 2.750 20120301 20120401 11.3750 17153626 '100011300086518312 2.750 20120301 20120401 11.5000 17153627 '100011300086542205 2.750 20120301 20120401 12.1250 17153629 '100011300086547667 2.750 20120301 20120401 11.7500 17153631 '100011300086559779 2.750 20120301 20120401 11.5000 17153632 '100011300086566592 2.750 20120301 20120401 11.5000 17153633 '100011300086586798 2.250 20120401 20120501 11.6250 17153636 '100011300086610408 2.750 20120301 20120401 11.2500 17153637 '100011300086612974 2.750 20120301 20120401 11.3750 17153638 '100011300086620415 2.750 20120301 20120401 12.3750 17153639 '100011300086621330 2.750 20120301 20120401 11.8750 17153640 '100011300086626339 2.750 20120201 20120301 11.2500 17153641 '100011300086627063 2.750 20120301 20120401 11.5000 17153643 '100011300086629283 2.750 20120301 20120401 11.3750 17153644 '100011300086630224 2.750 20120301 20120401 11.2500 17153645 '100011300086636551 2.750 20120401 20120501 12.5000 17153646 '100011300086640694 2.750 20120301 20120401 12.0000 17153647 '100011300086649364 2.250 20120301 20120401 11.7500 17153648 '100011300086653267 2.750 20120301 20120401 11.6250 17153649 '100011300086662136 2.250 20120301 20120401 11.5000 17153650 '100011300086664777 2.750 20120301 20120401 12.3750 17153651 '100011300086666202 2.750 20120301 20120401 12.2500 17153652 '100011300086668687 2.750 20120301 20120401 11.5000 17153653 '100011300086672176 2.750 20120301 20120401 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2.250 20170501 20170601 10.7500 17233455 2.250 20170501 20170601 10.8750 17233374 2.250 20170501 20170601 11.5000 17233457 2.250 20170501 20170601 11.6250 17233376 2.250 20170601 20170701 11.5000 17233458 2.250 20170501 20170601 11.3750 17233377 2.250 20170501 20170601 11.5000 17233459 2.250 20170501 20170601 10.5000 17233378 '100133700020635838 2.250 20170501 20170601 11.6250 17233379 2.250 20170501 20170601 11.2500 17233461 2.250 20170501 20170601 11.6250 17233462 2.250 20170501 20170601 11.2500 17233464 2.250 20170501 20170601 11.6250 17233383 2.250 20170501 20170601 11.0000 17233384 2.250 20170501 20170601 11.5000 17233466 2.250 20170501 20170601 10.7500 17233385 2.250 20170501 20170601 11.3750 17233387 '100015700080497460 2.250 20170501 20170601 11.1250 17233388 2.250 20170501 20170601 11.5000 17233389 2.250 20170501 20170601 10.8750 17233470 2.250 20170501 20170601 11.5000 17233390 2.250 20170501 20170601 11.3750 17233352 2.250 20170401 20170501 11.3750 17233434 2.250 20170501 20170601 11.1250 17233191 2.250 20170501 20170601 11.0000 17233353 2.250 20170501 20170601 11.1250 17233435 2.250 20170501 20170601 11.7500 17233192 2.250 20170501 20170601 11.1250 17233354 2.250 20170501 20170601 11.1250 17233436 2.250 20170501 20170601 11.7500 17233355 '100015700079787988 2.250 20170501 20170601 11.2500 17233437 2.250 20170501 20170601 11.3750 17233356 2.250 20170501 20170601 11.5000 17233439 2.250 20170501 20170601 11.2500 17233199 2.250 20170501 20170601 11.3750 17233440 '100015700080050665 2.250 20170501 20170601 11.6250 17233441 2.250 20170501 20170601 12.3750 17233443 '100133700021357432 2.250 20170501 20170601 11.3750 17233362 2.250 20170501 20170601 11.2500 17233444 '100133700021357655 2.250 20170501 20170601 11.3750 17233445 '100133700021041622 2.250 20170501 20170601 11.6250 17233446 2.250 20170501 20170601 11.3750 17233447 2.250 20170501 20170601 11.5000 17233448 2.250 20170501 20170601 11.7500 17233449 2.250 20170501 20170601 11.3750 17233421 2.250 20170501 20170601 10.8750 17233340 2.250 20170501 20170601 11.2500 17233422 2.250 20170501 20170601 11.3750 17233423 2.250 20170501 20170601 11.2500 17233342 2.250 20170501 20170601 11.3750 17233181 2.250 20170401 20170501 10.8750 17233425 2.250 20170501 20170601 11.3750 17233182 2.250 20170501 20170601 11.2500 17233426 2.250 20170501 20170601 11.6250 17233183 2.250 20170501 20170601 11.0000 17233427 2.250 20170501 20170601 11.3750 17233346 2.250 20170501 20170601 11.5000 17233428 2.250 20170501 20170601 11.2500 17233347 2.250 20170501 20170601 11.6250 17233429 2.250 20170501 20170601 12.0000 17233186 '100133700019803397 2.250 20170501 20170601 10.8750 17233348 2.250 20170501 20170601 11.2500 17233188 2.250 20170501 20170601 11.5000 17233430 2.250 20170501 20170601 11.6250 17233431 2.250 20170501 20170601 13.2500 17233350 2.250 20170401 20170501 11.1250 17233408 '100015700080986512 2.250 20170501 20170601 11.2500 17233165 2.250 20170501 20170601 10.5000 17233085 2.250 20170501 20170601 11.2500 17233328 2.250 20170501 20170601 11.1250 17233329 2.250 20170501 20170601 11.2500 17233168 '100133700020298876 2.250 20170501 20170601 11.0000 17233410 2.250 20170501 20170601 11.2500 17233411 2.250 20170501 20170601 11.3750 17233412 2.250 20170501 20170601 11.2500 17233331 2.250 20170501 20170601 11.3750 17233332 2.250 20170501 20170601 11.3750 17233414 2.250 20170501 20170601 11.6250 17233090 2.250 20170501 20170601 10.8750 17233415 2.250 20170501 20170601 11.3750 17233172 2.250 20170501 20170601 11.3750 17233334 2.250 20170501 20170601 11.5000 17233416 2.250 20170501 20170601 11.2500 17233417 2.250 20170501 20170601 10.8750 17233336 2.250 20170501 20170601 11.1250 17233418 2.250 20170501 20170601 11.0000 17233175 2.250 20170501 20170601 13.2500 17233419 2.250 20170501 20170601 11.3750 17233338 '100133700021043461 2.250 20170501 20170601 11.2500 17233339 2.250 20170401 20170501 11.8750 17233098 2.250 20170501 20170601 11.2500 17233099 2.250 20170501 20170601 11.1250 17233420 2.250 20170501 20170601 11.0000 17233314 2.250 20170501 20170601 11.5000 17233153 2.250 20170501 20170601 11.0000 17233316 2.250 20170501 20170601 11.3750 17233155 2.250 20170501 20170601 11.1250 17233317 2.250 20170501 20170601 10.8750 17233318 2.250 20170501 20170601 11.7500 17233157 2.250 20170501 20170601 10.0000 17233077 2.250 20170501 20170601 11.2500 17233400 2.250 20170501 20170601 11.5000 17233401 2.250 20170501 20170601 11.2500 17233320 2.250 20170501 20170601 11.3750 17233402 2.250 20170601 20170701 10.8750 17233321 2.250 20170501 20170601 12.0000 17233160 2.250 20170501 20170601 11.2500 17233404 2.250 20170501 20170601 11.2500 17233161 '100133700020459825 2.250 20170401 20170501 11.3750 17233323 2.250 20170501 20170601 11.2500 17233082 2.250 20170501 20170601 11.2500 17233326 2.250 20170501 20170601 11.2500 17233310 2.250 20170501 20170601 11.2500 17233311 2.250 20170501 20170601 11.2500 17233312 2.250 20170501 20170601 11.3750 17233070 2.250 20170501 20170601 10.6250 17233313 2.250 20170501 20170601 11.2500 17233148 2.250 20170501 20170601 11.3750 17233061 2.250 20170501 20170601 11.2500 17233143 2.250 20170501 20170601 11.5000 17233305 2.250 20170501 20170601 11.3750 17233306 2.250 20170501 20170601 11.2500 17233307 2.250 20170501 20170601 11.2500 17233138 2.250 20170301 20170401 11.3750 17233303 2.250 20170501 20170601 10.8750 17233053 2.250 20170501 20170601 11.0000 17233134 2.250 20170501 20170601 10.6250 17233055 2.250 20170501 20170601 11.0000 17233057 2.250 20170501 20170601 11.2500 17233131 2.250 20170501 20170601 11.5000 17233284 2.250 20170501 20170601 11.1250 17233287 2.250 20170501 20170601 10.5000 17233289 2.250 20170501 20170601 11.3750 17233291 2.250 20170401 20170501 11.8750 17233294 2.250 20170401 20170501 11.3750 17233297 '100015700074973799 2.250 20170501 20170601 11.3750 17233298 2.250 20170501 20170601 11.6250 17233299 2.250 20170501 20170601 11.6250 17232984 2.250 20170501 20170601 11.3750 17233201 2.250 20170501 20170601 11.0000 17233202 2.250 20170401 20170501 10.5000 17233203 2.250 20170501 20170601 11.0000 17233205 2.250 20170501 20170601 11.0000 17233208 2.250 20170501 20170601 10.8750 17233213 2.250 20170501 20170601 10.8750 17233215 2.250 20170501 20170601 10.7500 17233217 2.250 20170501 20170601 10.8750 17233220 '100133700019937682 2.250 20170501 20170601 10.7500 17233223 2.250 20170501 20170601 10.8750 17233224 2.250 20170501 20170601 11.2500 17233225 2.250 20170401 20170501 10.7500 17233228 2.250 20170501 20170601 10.8750 17233230 2.250 20170501 20170601 10.8750 17233231 2.250 20170501 20170601 11.2500 17233232 2.250 20170401 20170501 11.2500 17233234 2.250 20170501 20170601 10.8750 17233237 2.250 20170601 20170701 11.0000 17233244 2.250 20170501 20170601 10.7500 17233246 2.250 20170501 20170601 11.0000 17233247 2.250 20170501 20170601 11.2500 17233248 2.250 20170501 20170601 11.2500 17233258 '100133700020445980 2.250 20170501 20170601 11.0000 17233259 2.250 20170501 20170601 11.6250 17233261 2.250 20170501 20170601 10.5000 17233263 2.250 20170501 20170601 11.3750 17233278 2.250 20170501 20170601 11.2500 17233281 2.250 20170501 20170601 10.7500 17233035 '100357020050018162 2.250 20170401 20170501 11.2500 17247378 '100133700021781367 2.250 20170501 20170601 11.3750 17247379 '100133700021920981 2.250 20170601 20170701 11.1250 17247299 '100133700019647927 2.250 20170501 20170601 11.1250 17233027 2.250 20170401 20170501 10.8750 17247339 '100133700021303691 2.250 20170501 20170601 11.8750 17247260 '100136007040018210 2.250 20170501 20170601 11.5000 17247264 '100072400305350509 2.250 20170501 20170601 11.0000 17247358 '100133700020509272 2.250 20170601 20170701 11.0000 17247244 '100128309704160027 2.250 20170501 20170601 11.2500 17247332 '100133700020798107 2.250 20170501 20170601 12.0000 17247336 '100133700021087898 2.250 20170601 20170701 10.8750 17247338 '100133700019963928 2.250 20170601 20170701 11.3750 17247249 '100015700078584972 2.250 20170401 20170501 11.8750 17247319 '100133700021255032 2.250 20170601 20170701 11.2500 17247239 '100133700019984056 2.250 20170501 20170601 11.8750 17247313 '100133700020446285 2.250 20170501 20170601 11.2500 17247307 '100015700080819713 2.250 20170501 20170601 10.8750 17247308 '100015700080390335 2.250 20170501 20170601 11.3750 17233473 2.250 20170501 20170601 11.7500 17233474 '100133700020635978 2.250 20170501 20170601 11.7500 17247200 '100015700063923805 2.250 20170301 20170401 10.6250 17247205 '100015700070348228 2.250 20170501 20170601 11.2500 17247207 '100015700070858382 2.250 20170501 20170601 11.7500 17247220 '100403001657614409 2.250 20170501 20170601 11.7500 17233450 2.250 20170501 20170601 11.7500 17233371 2.250 20170501 20170601 11.6250 17233375 2.250 20170501 20170601 11.7500 17233380 2.250 20170501 20170601 11.3750 17233463 2.250 20170501 20170601 11.3750 17233382 2.250 20170501 20170601 11.0000 17233386 2.250 20170501 20170601 10.6250 17233468 2.250 20170501 20170601 11.3750 17233469 2.250 20170501 20170601 11.1250 17233471 2.250 20170501 20170601 11.5000 17233472 2.250 20170501 20170601 11.3750 17233194 2.250 20170501 20170601 11.1250 17233357 2.250 20170501 20170601 11.0000 17233358 2.250 20170501 20170601 11.0000 17233363 2.250 20170501 20170601 11.0000 17233365 2.250 20170501 20170601 11.0000 17233368 2.250 20170501 20170601 11.5000 17233369 2.250 20170501 20170601 11.0000 17233341 2.250 20170501 20170601 11.3750 17233187 '100133700020691294 2.250 20170501 20170601 11.6250 17233351 2.250 20170501 20170601 11.2500 17233330 2.250 20170501 20170601 11.1250 17233152 2.250 20170401 20170501 12.7500 17233315 2.250 20170501 20170601 11.1250 17233079 2.250 20170501 20170601 11.0000 17233403 2.250 20170501 20170601 10.8750 17233322 2.250 20170501 20170601 11.7500 17233405 2.250 20170501 20170601 11.3750 17233163 2.250 20170501 20170601 11.3750 17233325 2.250 20170501 20170601 11.3750 17233068 2.250 20170501 20170601 11.2500 17233308 2.250 20170501 20170601 11.3750 17233065 '100133700018701949 2.250 20170301 20170401 11.1250 17233146 2.250 20170401 20170501 11.1250 17233139 2.250 20170501 20170601 11.3750 17233048 2.250 20170401 20170501 11.1250 17233283 2.250 20170501 20170601 11.0000 17233286 2.250 20170501 20170601 11.5000 17232995 2.250 20170401 20170501 11.1250 17233200 2.250 20170401 20170501 11.5000 17233207 2.250 20170501 20170601 11.3750 17233210 2.250 20170501 20170601 11.2500 17233222 2.250 20170501 20170601 11.2500 17233227 2.250 20170501 20170601 11.1250 17233229 2.250 20170501 20170601 11.1250 17233238 2.250 20170501 20170601 11.2500 17233239 2.250 20170501 20170601 11.6250 17233250 '100133700020253533 2.250 20170501 20170601 11.2500 17233255 2.250 20170501 20170601 11.3750 17233270 2.250 20170501 20170601 11.2500 17233276 '100133700020750033 2.250 20170501 20170601 11.2500 17233279 2.250 20170501 20170601 11.1250 17151971 '100013800917501419 2.750 20140301 20140401 11.7500 17151933 '100013800915143230 2.750 20140301 20140401 11.3750 17151935 '100013800915831875 2.750 20140301 20140401 10.6250 17151950 '100013800917017978 2.750 20140301 20140401 11.5000 17151953 '100013800917133700 2.750 20140301 20140401 11.3750 17151974 '100013800917564607 2.750 20140301 20140401 11.5000 17151981 '100013800917770451 2.750 20140301 20140401 11.6250 17151983 '100013800917828705 2.750 20140301 20140401 11.3750 17151992 '100013800918107885 2.750 20140301 20140401 11.2500 17152002 '100013800918325768 2.750 20140301 20140401 11.0000 17152005 '100013800918372299 2.750 20140301 20140401 11.3750 17151917 '100013800909917532 2.750 20140401 20140501 11.5000 17151913 '100013800905795171 2.750 20140301 20140401 11.1250 17151976 '100013800917686897 2.750 20140301 20140401 11.2500 17151998 '100013800918269909 2.750 20140301 20140401 11.7500 17152007 '100013800918397791 2.750 20140301 20140401 11.3750 LOAN_SEQ MIN_RATE PER MAIN_GROUP1 SUB NEG_AM PRODUCT _RATE_CAP _GROUP1 -------------------------------------------------------------------------------------------------------------------------------------------- 17151996 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151960 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151912 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151914 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151922 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151924 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151926 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151927 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151929 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151931 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151946 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151925 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151928 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151930 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151932 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151934 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151937 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151938 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151939 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151940 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151941 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151942 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151943 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151944 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151945 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151947 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151948 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151949 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151951 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151954 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151955 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151956 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151958 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151961 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151962 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151963 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151964 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151965 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151967 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151969 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151970 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151972 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151973 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151975 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151977 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151978 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152017 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152018 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152019 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152020 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152021 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152022 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152023 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152024 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152025 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152026 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152027 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152028 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152029 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151979 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151980 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151982 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151986 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151987 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151988 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151989 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151990 2.5205 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151991 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151994 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152000 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152001 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152003 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152004 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152006 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152008 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17152009 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152010 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152011 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152012 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17152013 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17152015 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151898 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151899 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151902 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151903 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151904 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151905 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151906 2.7405 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151908 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151909 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151910 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151916 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151921 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151923 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151911 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17151957 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17151995 2.4955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153681 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153682 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153683 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153684 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153685 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153686 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153688 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153689 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153690 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153691 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153692 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153693 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153694 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153695 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153696 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153697 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153698 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153699 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153700 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153701 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153702 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153703 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153704 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153705 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153706 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153707 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153708 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153709 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153710 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153711 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153712 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153713 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153714 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153715 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153716 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153717 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153718 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153719 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153720 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153721 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153722 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153723 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153726 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153727 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153728 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153729 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153537 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153539 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153540 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153541 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153542 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153543 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153544 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153545 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153546 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153547 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153548 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153549 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153550 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153551 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153552 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153553 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153554 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153556 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153557 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153558 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153559 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153560 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153561 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153562 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153563 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153564 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153565 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153566 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153567 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153568 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153569 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153570 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153571 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153572 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153573 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153575 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153576 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153577 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153578 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153579 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153580 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153581 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153582 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153583 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153584 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153585 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153586 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153587 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153588 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153589 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153591 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153592 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153593 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153596 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153597 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153598 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153599 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153600 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153601 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153602 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153603 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153604 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153605 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153606 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153608 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153609 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153610 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153611 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153612 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153613 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153614 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153615 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153616 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153617 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153618 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153619 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153620 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153622 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153623 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153624 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153625 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153626 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153627 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153629 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153631 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153632 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153633 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153636 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153637 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153638 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153639 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153640 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153641 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153643 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153644 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153645 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153646 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153647 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153648 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153649 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153650 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153651 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153652 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153653 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153654 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153655 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153656 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153657 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153658 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153659 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153660 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153661 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153662 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153663 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153664 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153665 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153666 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153667 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153668 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153669 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153670 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153672 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153674 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153675 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153676 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153677 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153679 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153680 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153494 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153495 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153497 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153498 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153499 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153500 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153501 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153502 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153503 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153504 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153505 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153506 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153507 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153508 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153509 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153510 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153512 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153513 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153514 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153515 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153516 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153517 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153518 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153519 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153520 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153521 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153522 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153523 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153524 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153526 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153527 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153528 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153529 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153530 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153531 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153532 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153534 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153535 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153536 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153415 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153416 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153417 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153418 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153419 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153421 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153422 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153424 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153426 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153427 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153428 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153429 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153430 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153431 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153432 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17153433 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153435 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153436 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153437 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153438 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153439 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153440 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153441 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153442 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153443 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153444 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153445 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153446 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153447 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153448 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153449 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153450 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153451 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153452 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153453 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153454 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153455 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153456 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153457 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153458 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153459 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153460 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153462 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153463 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153464 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153465 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153466 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153467 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153468 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153471 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153472 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153473 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153474 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153475 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153476 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153477 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153478 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153479 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153480 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153482 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153483 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153484 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153485 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153486 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153487 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153488 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153489 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153490 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153492 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153493 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153084 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153085 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153086 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153088 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153089 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153090 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153091 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153092 1.9955 2.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153093 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153101 1.9955 2.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153102 1.9955 2.0000 GI. XXXXX G01 No 5/6LIBOR 17153103 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153105 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153106 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153107 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153108 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153109 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153110 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153112 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153113 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153114 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153115 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153116 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153117 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153118 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153119 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153120 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153121 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153122 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153123 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153126 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153127 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153128 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153129 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153130 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153131 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153132 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153134 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153135 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153136 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153137 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153138 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153139 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153140 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153141 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153142 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153143 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153145 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153146 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153147 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153148 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153149 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153150 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153151 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153152 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153153 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153154 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153156 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153157 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153158 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153159 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153160 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153161 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153162 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153164 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153165 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153166 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153167 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153168 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153170 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153171 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153172 2.4955 2.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153173 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR 17153174 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153175 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153176 1.9955 2.0000 GI. XXXXX G01 No 5/1CMT 17153177 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153179 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153180 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153181 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153182 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153183 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153184 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153186 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153187 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153188 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153189 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153190 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153191 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153192 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153193 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153194 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153195 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153196 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153199 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153200 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153201 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153202 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153322 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153323 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153324 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153326 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153327 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153328 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153329 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153330 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153332 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153333 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153334 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153335 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153336 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153337 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153338 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153339 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153340 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153341 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153342 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153343 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153345 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153346 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153347 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153348 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153349 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153350 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153351 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153352 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153353 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153354 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153355 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153356 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153357 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153358 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153359 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153360 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153361 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153362 1.9955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153363 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153364 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153365 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153366 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153367 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153369 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153370 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153371 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153372 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153373 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153374 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153375 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153376 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153377 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153378 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153379 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153380 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153381 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153382 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153383 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153384 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153385 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153386 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153387 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153388 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153389 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153390 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153391 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153392 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153393 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153394 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153395 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153396 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153397 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153398 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153399 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153400 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153401 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153402 1.9955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153403 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153405 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153406 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153407 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153408 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153409 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153410 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153411 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153412 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153414 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153210 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153211 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153212 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153214 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153215 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153216 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153217 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153218 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153219 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153220 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153221 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153222 1.9955 1.0000 GI. XXXXX G01 No 5/6LIBOR IO 17153223 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153224 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153225 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153226 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153227 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153228 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153229 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153230 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153231 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153232 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153233 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153234 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153235 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153236 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153237 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153239 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153240 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153244 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153245 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153247 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153249 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153250 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153251 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153252 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153253 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153254 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153255 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153256 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153257 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153258 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153259 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153260 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153261 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153262 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153263 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153264 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153267 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153268 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153269 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153270 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153272 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153274 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153275 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153276 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153277 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153278 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153279 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153280 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153281 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153282 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153283 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153284 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153285 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153286 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153287 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153288 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153289 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153291 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153292 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153293 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153294 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153295 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153296 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153297 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153298 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153299 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153300 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153301 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153302 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153303 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153304 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153305 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153306 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153307 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153308 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153310 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153311 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR 17153312 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153313 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153314 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153316 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT 17153317 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153318 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153319 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153320 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153321 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153203 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153204 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153205 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153206 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153207 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 17153208 1.9955 2.0000 GI. XXXXX G01 No 5/1LIBOR IO 16846361 2.4955 2.0000 GI. XXXXX G01 No 5/1CMT IO 17153912 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153915 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153919 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153924 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153926 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153933 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153934 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153942 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153953 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153955 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153956 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153958 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153960 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 1.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153962 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153970 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153980 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153982 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153984 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153994 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154007 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154009 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154010 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154015 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154016 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154023 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154027 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154056 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154060 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154061 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154063 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154067 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154068 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154069 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154070 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154077 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17154087 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17154095 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153771 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153772 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153773 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153774 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153776 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153777 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153785 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153787 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153788 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153789 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153790 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153793 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153795 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153796 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153801 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153802 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153806 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153807 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153810 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153811 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153812 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153813 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153814 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153815 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153816 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153817 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153818 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153823 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153824 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153825 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153828 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153831 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153832 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153833 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153834 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153835 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153841 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153843 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153844 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153845 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153846 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153848 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153849 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153850 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153851 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1CMT 17153853 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153855 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153856 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153857 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153859 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153861 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153862 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153864 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153866 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153867 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153871 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153874 1.9955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153878 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153879 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153880 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153881 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153882 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153883 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153884 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153885 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153890 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153908 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153910 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153749 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1CMT 17153751 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153753 1.9955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR 17153760 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153766 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 1.9955 2.0000 GI. XXXXX G02 No 10/1LIBOR IO 17153768 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.4955 2.0000 GI. XXXXX G02 No 00/0XXX XX 00000000 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233120 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233040 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233041 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233123 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233042 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233124 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233043 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233125 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233044 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233045 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233116 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233036 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233118 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233119 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233038 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233039 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233033 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233115 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233034 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233467 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233409 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233110 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233030 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233113 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233032 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233114 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233028 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233029 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233108 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233109 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247380 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233000 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233001 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233002 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233003 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233004 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233005 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233006 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233007 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247291 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247373 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233008 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233009 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233010 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233011 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233013 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233014 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233015 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233016 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233017 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233018 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247293 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247294 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233100 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233020 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233101 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233021 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233102 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233022 2.3205 2.0000 GII. CW G02 No 10/1LIBOR IO 17233023 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233105 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233024 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233106 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233025 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233107 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247371 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247365 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247287 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247288 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17247289 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247284 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247258 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247259 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247340 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247342 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247346 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17247348 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17247351 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247270 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247353 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247272 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247355 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247356 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247277 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247278 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247362 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247322 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247324 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247331 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247251 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247333 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247252 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247253 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247255 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247256 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247327 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247328 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247248 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247237 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247228 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247309 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247310 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247312 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247316 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233391 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233475 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233476 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233397 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247204 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247217 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247218 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247219 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247225 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233452 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233456 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233381 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233432 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233433 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233190 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233193 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233438 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233195 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233196 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233359 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233198 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233360 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233361 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233364 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233366 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233367 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233180 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233424 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233343 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233344 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233345 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233184 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233185 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233349 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233189 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233084 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233327 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233166 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233086 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233167 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233087 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233088 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233169 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233089 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233413 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233170 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233171 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233333 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233091 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233092 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233173 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233335 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233093 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233174 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233094 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233337 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233095 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233176 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233177 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233178 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233179 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233151 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233071 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233072 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233073 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233154 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233074 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233075 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233156 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233076 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233319 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233158 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233078 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233159 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233080 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233081 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233162 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233324 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233406 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233083 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233407 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233164 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233069 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233150 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233067 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233149 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233066 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233309 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233141 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233142 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233304 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233063 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233144 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233064 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233145 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233058 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233059 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233300 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233301 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233140 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233302 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233060 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233051 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233132 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233052 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233133 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233054 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233135 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233136 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233056 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233137 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233047 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233128 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233129 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233049 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233130 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233050 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233285 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233288 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233290 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233292 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233293 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233295 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233296 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232973 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232974 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232977 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232979 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232980 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17232981 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232982 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232983 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232985 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17232986 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232987 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232988 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232989 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232990 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232991 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232992 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232994 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232996 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232997 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232998 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232999 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233206 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233211 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233212 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233214 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233216 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233218 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233219 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233221 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233233 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233235 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233236 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233240 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233241 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233242 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233243 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233245 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233249 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233251 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233252 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233253 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233254 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233256 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233257 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233260 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233262 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233264 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233265 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233266 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233267 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233268 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233269 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233271 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233272 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233273 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233274 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233275 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233280 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233282 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247265 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244992 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244993 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244994 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244995 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244996 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244997 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244998 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244999 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244990 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244991 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247375 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247295 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247376 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247296 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17247377 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247381 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247382 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247374 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247370 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247290 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247367 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247286 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247283 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247261 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247343 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247344 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247263 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247266 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247349 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247268 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247269 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247350 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247271 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247273 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247274 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247276 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17247357 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247197 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247198 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17247279 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247280 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247282 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247320 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247321 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247240 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247241 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247242 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247243 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247254 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247335 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247326 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247246 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247247 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247329 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247317 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247236 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247318 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247238 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247311 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247230 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247231 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247234 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256615 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256616 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256617 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256609 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256618 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256619 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256610 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256611 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256613 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255906 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255907 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255917 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255908 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255918 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255909 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255919 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255885 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255894 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255896 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255887 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255888 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255898 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255899 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255914 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255915 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255916 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255912 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17255913 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255904 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255905 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255882 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255883 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255884 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255886 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255889 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255910 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255911 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17255897 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255900 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255901 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255902 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255903 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255880 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255881 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255895 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255891 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17255893 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17255890 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250575 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250577 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250578 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250570 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250562 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247202 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247203 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247208 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247209 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247210 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247211 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247212 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247214 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247216 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247300 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17247302 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247221 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247222 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247303 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247304 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247223 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247224 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17247306 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244962 2.5705 2.0000 GII. CW G01 No 7/1CMT 17245030 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245031 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245032 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245033 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245034 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245035 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245036 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245037 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245038 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245039 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245040 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245041 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245042 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245043 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245044 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245045 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245046 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245047 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245048 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245049 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245050 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245016 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245017 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245018 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245019 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245020 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245021 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245022 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245023 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245025 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245026 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245027 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245028 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245029 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245004 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245005 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245006 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245007 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245008 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245009 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245010 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245011 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245012 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245013 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17245014 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245015 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245000 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245001 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245002 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17245003 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250580 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250571 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250569 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250579 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250560 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250561 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250558 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250567 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17250568 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250566 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250576 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250572 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250557 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250563 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250581 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250573 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250564 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17250574 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17250565 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244984 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244985 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244986 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244987 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244988 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244989 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244935 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244936 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244937 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244938 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244939 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244940 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244941 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244942 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244943 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244944 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244945 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244946 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244947 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244948 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244949 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244950 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244951 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244952 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244953 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244954 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244955 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244956 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244957 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244958 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244959 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244960 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244961 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244963 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244964 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244965 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244966 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244967 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244968 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244969 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244970 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244971 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17244972 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244973 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244974 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244975 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244976 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244977 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244978 2.0705 2.0000 GII. CW G01 No 7/1LIBOR 17244979 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244980 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244981 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244982 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17244983 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256703 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17256709 2.0705 2.0000 GII. CW G01 No 7/1LIBOR IO 17233121 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233122 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233126 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233117 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233037 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233460 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233451 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233111 2.0705 2.0000 GII. CW G02 No 10/6LIBOR IO 17233031 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233112 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247297 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247298 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247372 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247292 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233019 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233103 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233104 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233026 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247366 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247285 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247368 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247369 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247363 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247364 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247341 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247262 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247345 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247347 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247267 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247352 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247354 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247275 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247359 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247360 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247361 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247281 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17247323 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247325 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17247250 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247334 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247337 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247257 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247245 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247330 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247229 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247232 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247314 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247233 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247315 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247215 2.0705 1.0000 GII. CW G02 No 10/1LIBOR IO 17233392 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233393 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233394 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233395 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233396 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233398 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233399 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247201 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247206 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17247213 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247301 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247305 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233370 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233453 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233372 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233454 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233373 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233455 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233374 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233457 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233376 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233458 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233377 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233459 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233378 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233379 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233461 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233462 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233464 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233383 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233384 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233466 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233385 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233387 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233388 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233389 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233470 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233390 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233352 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233434 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233191 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233353 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233435 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233192 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233354 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233436 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233355 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233437 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233356 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233439 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233199 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233440 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233441 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233443 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233362 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233444 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233445 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233446 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233447 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233448 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233449 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233421 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233340 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233422 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233423 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233342 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233181 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233425 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233182 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233426 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233183 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233427 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233346 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233428 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233347 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233429 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233186 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233348 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233188 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233430 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233431 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233350 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233408 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233165 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233085 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233328 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233329 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233168 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233410 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233411 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233412 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233331 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233332 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233414 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233090 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233415 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233172 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233334 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233416 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233417 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233336 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233418 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233175 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233419 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233338 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233339 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233098 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233099 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233420 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233314 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233153 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233316 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233155 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233317 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233318 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233157 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233077 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233400 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233401 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233320 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233402 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233321 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233160 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233404 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233161 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233323 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233082 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233326 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233310 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233311 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233312 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233070 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233313 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233148 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233061 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233143 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233305 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233306 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233307 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233138 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233303 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233053 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233134 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233055 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233057 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233131 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233284 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233287 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233289 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233291 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233294 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233297 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233298 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233299 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17232984 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233201 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233202 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233203 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233205 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233208 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233213 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233215 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233217 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233220 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233223 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233224 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233225 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233228 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233230 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233231 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233232 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233234 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233237 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233244 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233246 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233247 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233248 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233258 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233259 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233261 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233263 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233278 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233281 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233035 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247378 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247379 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247299 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233027 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247339 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247260 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247264 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247358 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247244 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247332 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247336 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247338 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247249 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247319 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247239 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247313 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247307 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247308 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233473 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233474 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247200 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247205 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247207 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17247220 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233450 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233371 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233375 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233380 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233463 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233382 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233386 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233468 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233469 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233471 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233472 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233194 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233357 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233358 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233363 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17233365 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233368 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233369 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233341 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233187 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233351 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233330 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233152 2.0705 2.0000 GII. CW G02 No 10/6LIBOR IO 17233315 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233079 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233403 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233322 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233405 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233163 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233325 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233068 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233308 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233065 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233146 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233139 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233048 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233283 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233286 2.0705 2.0000 GII. CW G02 No 10/1LIBOR 17232995 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233200 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233207 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233210 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233222 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233227 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233229 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233238 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233239 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233250 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233255 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233270 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233276 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17233279 2.0705 2.0000 GII. CW G02 No 10/1LIBOR IO 17151971 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151933 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151935 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151950 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151953 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151974 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151981 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151983 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151992 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17152002 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17152005 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151917 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151913 2.4955 1.0000 GII. CW G01 No 7/6LIBOR 17151976 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17151998 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO 17152007 2.4955 1.0000 GII. CW G01 No 7/6LIBOR IO LOAN_SEQ AM_TYPE PREPAY PP_DESC PP_TYPE PP_PENALTY_ HARDNESS_MTHS ---------------------------------------------------------------------------------------------------------------------------- 17151996 ARMS No_PP 0MPP NO PP 0 17151960 ARMS No_PP 0MPP NO PP 0 17151912 ARMS No_PP 0MPP NO PP 0 17151914 ARMS No_PP 0MPP NO PP 0 17151922 ARMS No_PP 0MPP NO PP 0 17151924 ARMS No_PP 0MPP NO PP 0 17151926 ARMS No_PP 0MPP NO PP 0 17151927 ARMS No_PP 0MPP NO PP 0 17151929 ARMS No_PP 0MPP NO PP 0 17151931 ARMS No_PP 0MPP NO PP 0 17151946 ARMS No_PP 0MPP NO PP 0 17151925 ARMS No_PP 0MPP NO PP 0 17151928 ARMS No_PP 0MPP NO PP 0 17151930 ARMS No_PP 0MPP NO PP 0 17151932 ARMS Prepay 12MPP SOFT 0 17151934 ARMS No_PP 0MPP NO PP 0 17151937 ARMS No_PP 0MPP NO PP 0 17151938 ARMS No_PP 0MPP NO PP 0 17151939 ARMS No_PP 0MPP NO PP 0 17151940 ARMS No_PP 0MPP NO PP 0 17151941 ARMS Prepay 12MPP SOFT 0 17151942 ARMS Prepay 12MPP HARD 12 17151943 ARMS Prepay 36MPP HARD 36 17151944 ARMS No_PP 0MPP NO PP 0 17151945 ARMS No_PP 0MPP NO PP 0 17151947 ARMS No_PP 0MPP NO PP 0 17151948 ARMS Prepay 12MPP HARD 12 17151949 ARMS No_PP 0MPP NO PP 0 17151951 ARMS Prepay 36MPP SOFT 0 17151954 ARMS No_PP 0MPP NO PP 0 17151955 ARMS No_PP 0MPP NO PP 0 17151956 ARMS Prepay 12MPP HARD 12 17151958 ARMS No_PP 0MPP NO PP 0 17151961 ARMS Prepay 36MPP HARD 36 17151962 ARMS No_PP 0MPP NO PP 0 17151963 ARMS No_PP 0MPP NO PP 0 17151964 ARMS Prepay 12MPP HARD 12 17151965 ARMS No_PP 0MPP NO PP 0 17151967 ARMS No_PP 0MPP NO PP 0 17151969 ARMS No_PP 0MPP NO PP 0 17151970 ARMS No_PP 0MPP NO PP 0 17151972 ARMS No_PP 0MPP NO PP 0 17151973 ARMS No_PP 0MPP NO PP 0 17151975 ARMS Prepay 36MPP HARD 36 17151977 ARMS No_PP 0MPP NO PP 0 17151978 ARMS Prepay 12MPP HARD 12 17152017 ARMS No_PP 0MPP NO PP 0 17152018 ARMS Prepay 36MPP HARD 36 17152019 ARMS No_PP 0MPP NO PP 0 17152020 ARMS No_PP 0MPP NO PP 0 17152021 ARMS Prepay 12MPP HARD 12 17152022 ARMS No_PP 0MPP NO PP 0 17152023 ARMS Prepay 12MPP HARD 12 17152024 ARMS No_PP 0MPP NO PP 0 17152025 ARMS No_PP 0MPP NO PP 0 17152026 ARMS No_PP 0MPP NO PP 0 17152027 ARMS No_PP 0MPP NO PP 0 17152028 ARMS Prepay 12MPP HARD 12 17152029 ARMS No_PP 0MPP NO PP 0 17151979 ARMS No_PP 0MPP NO PP 0 17151980 ARMS No_PP 0MPP NO PP 0 17151982 ARMS No_PP 0MPP NO PP 0 17151986 ARMS No_PP 0MPP NO PP 0 17151987 ARMS No_PP 0MPP NO PP 0 17151988 ARMS No_PP 0MPP NO PP 0 17151989 ARMS No_PP 0MPP NO PP 0 17151990 ARMS Prepay 36MPP SOFT 0 17151991 ARMS No_PP 0MPP NO PP 0 17151994 ARMS No_PP 0MPP NO PP 0 17152000 ARMS No_PP 0MPP NO PP 0 17152001 ARMS No_PP 0MPP NO PP 0 17152003 ARMS No_PP 0MPP NO PP 0 17152004 ARMS No_PP 0MPP NO PP 0 17152006 ARMS No_PP 0MPP NO PP 0 17152008 ARMS No_PP 0MPP NO PP 0 17152009 ARMS No_PP 0MPP NO PP 0 17152010 ARMS Prepay 36MPP SOFT 0 17152011 ARMS No_PP 0MPP NO PP 0 17152012 ARMS Prepay 12MPP HARD 12 17152013 ARMS No_PP 0MPP NO PP 0 17152015 ARMS No_PP 0MPP NO PP 0 17151898 ARMS No_PP 0MPP NO PP 0 17151899 ARMS Prepay 36MPP HARD 36 17151902 ARMS No_PP 0MPP NO PP 0 17151903 ARMS Prepay 12MPP HARD 12 17151904 ARMS No_PP 0MPP NO PP 0 17151905 ARMS No_PP 0MPP NO PP 0 17151906 ARMS Prepay 36MPP HARD 36 17151908 ARMS Prepay 36MPP HARD 36 17151909 ARMS Prepay 12MPP HARD 12 17151910 ARMS No_PP 0MPP NO PP 0 17151916 ARMS No_PP 0MPP NO PP 0 17151921 ARMS No_PP 0MPP NO PP 0 17151923 ARMS No_PP 0MPP NO PP 0 17151911 ARMS No_PP 0MPP NO PP 0 17151957 ARMS No_PP 0MPP NO PP 0 17151995 ARMS No_PP 0MPP NO PP 0 17153681 ARMS No_PP 0MPP NO PP 0 17153682 ARMS No_PP 0MPP NO PP 0 17153683 ARMS No_PP 0MPP NO PP 0 17153684 ARMS No_PP 0MPP NO PP 0 17153685 ARMS No_PP 0MPP NO PP 0 17153686 ARMS No_PP 0MPP NO PP 0 17153688 ARMS No_PP 0MPP NO PP 0 17153689 ARMS No_PP 0MPP NO PP 0 17153690 ARMS No_PP 0MPP NO PP 0 17153691 ARMS No_PP 0MPP NO PP 0 17153692 ARMS No_PP 0MPP NO PP 0 17153693 ARMS No_PP 0MPP NO PP 0 17153694 ARMS No_PP 0MPP NO PP 0 17153695 ARMS No_PP 0MPP NO PP 0 17153696 ARMS No_PP 0MPP NO PP 0 17153697 ARMS No_PP 0MPP NO PP 0 17153698 ARMS No_PP 0MPP NO PP 0 17153699 ARMS No_PP 0MPP NO PP 0 17153700 ARMS No_PP 0MPP NO PP 0 17153701 ARMS No_PP 0MPP NO PP 0 17153702 ARMS No_PP 0MPP NO PP 0 17153703 ARMS No_PP 0MPP NO PP 0 17153704 ARMS No_PP 0MPP NO PP 0 17153705 ARMS No_PP 0MPP NO PP 0 17153706 ARMS No_PP 0MPP NO PP 0 17153707 ARMS No_PP 0MPP NO PP 0 17153708 ARMS No_PP 0MPP NO PP 0 17153709 ARMS No_PP 0MPP NO PP 0 17153710 ARMS No_PP 0MPP NO PP 0 17153711 ARMS No_PP 0MPP NO PP 0 17153712 ARMS No_PP 0MPP NO PP 0 17153713 ARMS No_PP 0MPP NO PP 0 17153714 ARMS No_PP 0MPP NO PP 0 17153715 ARMS No_PP 0MPP NO PP 0 17153716 ARMS No_PP 0MPP NO PP 0 17153717 ARMS No_PP 0MPP NO PP 0 17153718 ARMS No_PP 0MPP NO PP 0 17153719 ARMS No_PP 0MPP NO PP 0 17153720 ARMS No_PP 0MPP NO PP 0 17153721 ARMS No_PP 0MPP NO PP 0 17153722 ARMS No_PP 0MPP NO PP 0 17153723 ARMS No_PP 0MPP NO PP 0 17153726 ARMS No_PP 0MPP NO PP 0 17153727 ARMS No_PP 0MPP NO PP 0 17153728 ARMS No_PP 0MPP NO PP 0 17153729 ARMS No_PP 0MPP NO PP 0 17153537 ARMS No_PP 0MPP NO PP 0 17153539 ARMS No_PP 0MPP NO PP 0 17153540 ARMS No_PP 0MPP NO PP 0 17153541 ARMS No_PP 0MPP NO PP 0 17153542 ARMS No_PP 0MPP NO PP 0 17153543 ARMS No_PP 0MPP NO PP 0 17153544 ARMS No_PP 0MPP NO PP 0 17153545 ARMS No_PP 0MPP NO PP 0 17153546 ARMS No_PP 0MPP NO PP 0 17153547 ARMS No_PP 0MPP NO PP 0 17153548 ARMS No_PP 0MPP NO PP 0 17153549 ARMS No_PP 0MPP NO PP 0 17153550 ARMS No_PP 0MPP NO PP 0 17153551 ARMS No_PP 0MPP NO PP 0 17153552 ARMS No_PP 0MPP NO PP 0 17153553 ARMS No_PP 0MPP NO PP 0 17153554 ARMS No_PP 0MPP NO PP 0 17153556 ARMS No_PP 0MPP NO PP 0 17153557 ARMS No_PP 0MPP NO PP 0 17153558 ARMS No_PP 0MPP NO PP 0 17153559 ARMS No_PP 0MPP NO PP 0 17153560 ARMS No_PP 0MPP NO PP 0 17153561 ARMS No_PP 0MPP NO PP 0 17153562 ARMS No_PP 0MPP NO PP 0 17153563 ARMS No_PP 0MPP NO PP 0 17153564 ARMS No_PP 0MPP NO PP 0 17153565 ARMS No_PP 0MPP NO PP 0 17153566 ARMS No_PP 0MPP NO PP 0 17153567 ARMS No_PP 0MPP NO PP 0 17153568 ARMS No_PP 0MPP NO PP 0 17153569 ARMS No_PP 0MPP NO PP 0 17153570 ARMS No_PP 0MPP NO PP 0 17153571 ARMS No_PP 0MPP NO PP 0 17153572 ARMS No_PP 0MPP NO PP 0 17153573 ARMS No_PP 0MPP NO PP 0 17153575 ARMS No_PP 0MPP NO PP 0 17153576 ARMS No_PP 0MPP NO PP 0 17153577 ARMS No_PP 0MPP NO PP 0 17153578 ARMS No_PP 0MPP NO PP 0 17153579 ARMS No_PP 0MPP NO PP 0 17153580 ARMS No_PP 0MPP NO PP 0 17153581 ARMS No_PP 0MPP NO PP 0 17153582 ARMS No_PP 0MPP NO PP 0 17153583 ARMS No_PP 0MPP NO PP 0 17153584 ARMS No_PP 0MPP NO PP 0 17153585 ARMS No_PP 0MPP NO PP 0 17153586 ARMS No_PP 0MPP NO PP 0 17153587 ARMS No_PP 0MPP NO PP 0 17153588 ARMS No_PP 0MPP NO PP 0 17153589 ARMS No_PP 0MPP NO PP 0 17153591 ARMS No_PP 0MPP NO PP 0 17153592 ARMS No_PP 0MPP NO PP 0 17153593 ARMS No_PP 0MPP NO PP 0 17153596 ARMS No_PP 0MPP NO PP 0 17153597 ARMS No_PP 0MPP NO PP 0 17153598 ARMS No_PP 0MPP NO PP 0 17153599 ARMS No_PP 0MPP NO PP 0 17153600 ARMS No_PP 0MPP NO PP 0 17153601 ARMS No_PP 0MPP NO PP 0 17153602 ARMS No_PP 0MPP NO PP 0 17153603 ARMS No_PP 0MPP NO PP 0 17153604 ARMS No_PP 0MPP NO PP 0 17153605 ARMS No_PP 0MPP NO PP 0 17153606 ARMS No_PP 0MPP NO PP 0 17153608 ARMS No_PP 0MPP NO PP 0 17153609 ARMS No_PP 0MPP NO PP 0 17153610 ARMS No_PP 0MPP NO PP 0 17153611 ARMS No_PP 0MPP NO PP 0 17153612 ARMS No_PP 0MPP NO PP 0 17153613 ARMS No_PP 0MPP NO PP 0 17153614 ARMS No_PP 0MPP NO PP 0 17153615 ARMS No_PP 0MPP NO PP 0 17153616 ARMS No_PP 0MPP NO PP 0 17153617 ARMS No_PP 0MPP NO PP 0 17153618 ARMS No_PP 0MPP NO PP 0 17153619 ARMS No_PP 0MPP NO PP 0 17153620 ARMS No_PP 0MPP NO PP 0 17153622 ARMS No_PP 0MPP NO PP 0 17153623 ARMS No_PP 0MPP NO PP 0 17153624 ARMS No_PP 0MPP NO PP 0 17153625 ARMS No_PP 0MPP NO PP 0 17153626 ARMS No_PP 0MPP NO PP 0 17153627 ARMS No_PP 0MPP NO PP 0 17153629 ARMS No_PP 0MPP NO PP 0 17153631 ARMS No_PP 0MPP NO PP 0 17153632 ARMS No_PP 0MPP NO PP 0 17153633 ARMS No_PP 0MPP NO PP 0 17153636 ARMS No_PP 0MPP NO PP 0 17153637 ARMS No_PP 0MPP NO PP 0 17153638 ARMS No_PP 0MPP NO PP 0 17153639 ARMS No_PP 0MPP NO PP 0 17153640 ARMS No_PP 0MPP NO PP 0 17153641 ARMS No_PP 0MPP NO PP 0 17153643 ARMS No_PP 0MPP NO PP 0 17153644 ARMS No_PP 0MPP NO PP 0 17153645 ARMS No_PP 0MPP NO PP 0 17153646 ARMS No_PP 0MPP NO PP 0 17153647 ARMS No_PP 0MPP NO PP 0 17153648 ARMS No_PP 0MPP NO PP 0 17153649 ARMS No_PP 0MPP NO PP 0 17153650 ARMS No_PP 0MPP NO PP 0 17153651 ARMS No_PP 0MPP NO PP 0 17153652 ARMS No_PP 0MPP NO PP 0 17153653 ARMS No_PP 0MPP NO PP 0 17153654 ARMS No_PP 0MPP NO PP 0 17153655 ARMS No_PP 0MPP NO PP 0 17153656 ARMS No_PP 0MPP NO PP 0 17153657 ARMS No_PP 0MPP NO PP 0 17153658 ARMS No_PP 0MPP NO PP 0 17153659 ARMS No_PP 0MPP NO PP 0 17153660 ARMS No_PP 0MPP NO PP 0 17153661 ARMS No_PP 0MPP NO PP 0 17153662 ARMS No_PP 0MPP NO PP 0 17153663 ARMS No_PP 0MPP NO PP 0 17153664 ARMS No_PP 0MPP NO PP 0 17153665 ARMS No_PP 0MPP NO PP 0 17153666 ARMS No_PP 0MPP NO PP 0 17153667 ARMS No_PP 0MPP NO PP 0 17153668 ARMS No_PP 0MPP NO PP 0 17153669 ARMS No_PP 0MPP NO PP 0 17153670 ARMS No_PP 0MPP NO PP 0 17153672 ARMS No_PP 0MPP NO PP 0 17153674 ARMS No_PP 0MPP NO PP 0 17153675 ARMS No_PP 0MPP NO PP 0 17153676 ARMS No_PP 0MPP NO PP 0 17153677 ARMS No_PP 0MPP NO PP 0 17153679 ARMS No_PP 0MPP NO PP 0 17153680 ARMS No_PP 0MPP NO PP 0 17153494 ARMS No_PP 0MPP NO PP 0 17153495 ARMS No_PP 0MPP NO PP 0 17153497 ARMS No_PP 0MPP NO PP 0 17153498 ARMS No_PP 0MPP NO PP 0 17153499 ARMS No_PP 0MPP NO PP 0 17153500 ARMS No_PP 0MPP NO PP 0 17153501 ARMS No_PP 0MPP NO PP 0 17153502 ARMS No_PP 0MPP NO PP 0 17153503 ARMS No_PP 0MPP NO PP 0 17153504 ARMS No_PP 0MPP NO PP 0 17153505 ARMS No_PP 0MPP NO PP 0 17153506 ARMS No_PP 0MPP NO PP 0 17153507 ARMS No_PP 0MPP NO PP 0 17153508 ARMS No_PP 0MPP NO PP 0 17153509 ARMS No_PP 0MPP NO PP 0 17153510 ARMS No_PP 0MPP NO PP 0 17153512 ARMS No_PP 0MPP NO PP 0 17153513 ARMS No_PP 0MPP NO PP 0 17153514 ARMS No_PP 0MPP NO PP 0 17153515 ARMS No_PP 0MPP NO PP 0 17153516 ARMS No_PP 0MPP NO PP 0 17153517 ARMS No_PP 0MPP NO PP 0 17153518 ARMS No_PP 0MPP NO PP 0 17153519 ARMS No_PP 0MPP NO PP 0 17153520 ARMS No_PP 0MPP NO PP 0 17153521 ARMS No_PP 0MPP NO PP 0 17153522 ARMS No_PP 0MPP NO PP 0 17153523 ARMS No_PP 0MPP NO PP 0 17153524 ARMS No_PP 0MPP NO PP 0 17153526 ARMS No_PP 0MPP NO PP 0 17153527 ARMS No_PP 0MPP NO PP 0 17153528 ARMS No_PP 0MPP NO PP 0 17153529 ARMS No_PP 0MPP NO PP 0 17153530 ARMS No_PP 0MPP NO PP 0 17153531 ARMS No_PP 0MPP NO PP 0 17153532 ARMS No_PP 0MPP NO PP 0 17153534 ARMS No_PP 0MPP NO PP 0 17153535 ARMS No_PP 0MPP NO PP 0 17153536 ARMS No_PP 0MPP NO PP 0 17153415 ARMS No_PP 0MPP NO PP 0 17153416 ARMS No_PP 0MPP NO PP 0 17153417 ARMS No_PP 0MPP NO PP 0 17153418 ARMS No_PP 0MPP NO PP 0 17153419 ARMS No_PP 0MPP NO PP 0 17153421 ARMS No_PP 0MPP NO PP 0 17153422 ARMS No_PP 0MPP NO PP 0 17153424 ARMS No_PP 0MPP NO PP 0 17153426 ARMS No_PP 0MPP NO PP 0 17153427 ARMS No_PP 0MPP NO PP 0 17153428 ARMS No_PP 0MPP NO PP 0 17153429 ARMS No_PP 0MPP NO PP 0 17153430 ARMS No_PP 0MPP NO PP 0 17153431 ARMS No_PP 0MPP NO PP 0 17153432 ARMS No_PP 0MPP NO PP 0 17153433 ARMS No_PP 0MPP NO PP 0 17153435 ARMS No_PP 0MPP NO PP 0 17153436 ARMS No_PP 0MPP NO PP 0 17153437 ARMS No_PP 0MPP NO PP 0 17153438 ARMS No_PP 0MPP NO PP 0 17153439 ARMS No_PP 0MPP NO PP 0 17153440 ARMS No_PP 0MPP NO PP 0 17153441 ARMS No_PP 0MPP NO PP 0 17153442 ARMS No_PP 0MPP NO PP 0 17153443 ARMS No_PP 0MPP NO PP 0 17153444 ARMS No_PP 0MPP NO PP 0 17153445 ARMS No_PP 0MPP NO PP 0 17153446 ARMS No_PP 0MPP NO PP 0 17153447 ARMS No_PP 0MPP NO PP 0 17153448 ARMS No_PP 0MPP NO PP 0 17153449 ARMS No_PP 0MPP NO PP 0 17153450 ARMS No_PP 0MPP NO PP 0 17153451 ARMS No_PP 0MPP NO PP 0 17153452 ARMS No_PP 0MPP NO PP 0 17153453 ARMS No_PP 0MPP NO PP 0 17153454 ARMS No_PP 0MPP NO PP 0 17153455 ARMS No_PP 0MPP NO PP 0 17153456 ARMS No_PP 0MPP NO PP 0 17153457 ARMS No_PP 0MPP NO PP 0 17153458 ARMS No_PP 0MPP NO PP 0 17153459 ARMS No_PP 0MPP NO PP 0 17153460 ARMS No_PP 0MPP NO PP 0 17153462 ARMS No_PP 0MPP NO PP 0 17153463 ARMS No_PP 0MPP NO PP 0 17153464 ARMS No_PP 0MPP NO PP 0 17153465 ARMS No_PP 0MPP NO PP 0 17153466 ARMS No_PP 0MPP NO PP 0 17153467 ARMS No_PP 0MPP NO PP 0 17153468 ARMS No_PP 0MPP NO PP 0 17153471 ARMS No_PP 0MPP NO PP 0 17153472 ARMS No_PP 0MPP NO PP 0 17153473 ARMS No_PP 0MPP NO PP 0 17153474 ARMS No_PP 0MPP NO PP 0 17153475 ARMS No_PP 0MPP NO PP 0 17153476 ARMS No_PP 0MPP NO PP 0 17153477 ARMS No_PP 0MPP NO PP 0 17153478 ARMS No_PP 0MPP NO PP 0 17153479 ARMS No_PP 0MPP NO PP 0 17153480 ARMS No_PP 0MPP NO PP 0 17153482 ARMS No_PP 0MPP NO PP 0 17153483 ARMS No_PP 0MPP NO PP 0 17153484 ARMS No_PP 0MPP NO PP 0 17153485 ARMS No_PP 0MPP NO PP 0 17153486 ARMS No_PP 0MPP NO PP 0 17153487 ARMS No_PP 0MPP NO PP 0 17153488 ARMS No_PP 0MPP NO PP 0 17153489 ARMS No_PP 0MPP NO PP 0 17153490 ARMS No_PP 0MPP NO PP 0 17153492 ARMS No_PP 0MPP NO PP 0 17153493 ARMS No_PP 0MPP NO PP 0 17153084 ARMS No_PP 0MPP NO PP 0 17153085 ARMS No_PP 0MPP NO PP 0 17153086 ARMS No_PP 0MPP NO PP 0 17153088 ARMS No_PP 0MPP NO PP 0 17153089 ARMS No_PP 0MPP NO PP 0 17153090 ARMS No_PP 0MPP NO PP 0 17153091 ARMS No_PP 0MPP NO PP 0 17153092 ARMS Prepay 36MPP SOFT 0 17153093 ARMS No_PP 0MPP NO PP 0 17153101 ARMS No_PP 0MPP NO PP 0 17153102 ARMS No_PP 0MPP NO PP 0 17153103 ARMS No_PP 0MPP NO PP 0 17153105 ARMS No_PP 0MPP NO PP 0 17153106 ARMS No_PP 0MPP NO PP 0 17153107 ARMS No_PP 0MPP NO PP 0 17153108 ARMS No_PP 0MPP NO PP 0 17153109 ARMS No_PP 0MPP NO PP 0 17153110 ARMS No_PP 0MPP NO PP 0 17153112 ARMS No_PP 0MPP NO PP 0 17153113 ARMS No_PP 0MPP NO PP 0 17153114 ARMS No_PP 0MPP NO PP 0 17153115 ARMS No_PP 0MPP NO PP 0 17153116 ARMS No_PP 0MPP NO PP 0 17153117 ARMS No_PP 0MPP NO PP 0 17153118 ARMS No_PP 0MPP NO PP 0 17153119 ARMS No_PP 0MPP NO PP 0 17153120 ARMS No_PP 0MPP NO PP 0 17153121 ARMS No_PP 0MPP NO PP 0 17153122 ARMS No_PP 0MPP NO PP 0 17153123 ARMS No_PP 0MPP NO PP 0 17153126 ARMS No_PP 0MPP NO PP 0 17153127 ARMS No_PP 0MPP NO PP 0 17153128 ARMS No_PP 0MPP NO PP 0 17153129 ARMS No_PP 0MPP NO PP 0 17153130 ARMS No_PP 0MPP NO PP 0 17153131 ARMS No_PP 0MPP NO PP 0 17153132 ARMS No_PP 0MPP NO PP 0 17153134 ARMS No_PP 0MPP NO PP 0 17153135 ARMS No_PP 0MPP NO PP 0 17153136 ARMS No_PP 0MPP NO PP 0 17153137 ARMS Prepay 36MPP SOFT 0 17153138 ARMS No_PP 0MPP NO PP 0 17153139 ARMS No_PP 0MPP NO PP 0 17153140 ARMS No_PP 0MPP NO PP 0 17153141 ARMS No_PP 0MPP NO PP 0 17153142 ARMS No_PP 0MPP NO PP 0 17153143 ARMS No_PP 0MPP NO PP 0 17153145 ARMS No_PP 0MPP NO PP 0 17153146 ARMS No_PP 0MPP NO PP 0 17153147 ARMS No_PP 0MPP NO PP 0 17153148 ARMS No_PP 0MPP NO PP 0 17153149 ARMS No_PP 0MPP NO PP 0 17153150 ARMS No_PP 0MPP NO PP 0 17153151 ARMS No_PP 0MPP NO PP 0 17153152 ARMS No_PP 0MPP NO PP 0 17153153 ARMS No_PP 0MPP NO PP 0 17153154 ARMS No_PP 0MPP NO PP 0 17153156 ARMS No_PP 0MPP NO PP 0 17153157 ARMS No_PP 0MPP NO PP 0 17153158 ARMS No_PP 0MPP NO PP 0 17153159 ARMS No_PP 0MPP NO PP 0 17153160 ARMS No_PP 0MPP NO PP 0 17153161 ARMS No_PP 0MPP NO PP 0 17153162 ARMS No_PP 0MPP NO PP 0 17153164 ARMS No_PP 0MPP NO PP 0 17153165 ARMS No_PP 0MPP NO PP 0 17153166 ARMS No_PP 0MPP NO PP 0 17153167 ARMS No_PP 0MPP NO PP 0 17153168 ARMS No_PP 0MPP NO PP 0 17153170 ARMS No_PP 0MPP NO PP 0 17153171 ARMS No_PP 0MPP NO PP 0 17153172 ARMS No_PP 0MPP NO PP 0 17153173 ARMS Prepay 36MPP SOFT 0 17153174 ARMS No_PP 0MPP NO PP 0 17153175 ARMS No_PP 0MPP NO PP 0 17153176 ARMS No_PP 0MPP NO PP 0 17153177 ARMS No_PP 0MPP NO PP 0 17153179 ARMS No_PP 0MPP NO PP 0 17153180 ARMS No_PP 0MPP NO PP 0 17153181 ARMS No_PP 0MPP NO PP 0 17153182 ARMS No_PP 0MPP NO PP 0 17153183 ARMS No_PP 0MPP NO PP 0 17153184 ARMS No_PP 0MPP NO PP 0 17153186 ARMS No_PP 0MPP NO PP 0 17153187 ARMS No_PP 0MPP NO PP 0 17153188 ARMS No_PP 0MPP NO PP 0 17153189 ARMS No_PP 0MPP NO PP 0 17153190 ARMS No_PP 0MPP NO PP 0 17153191 ARMS No_PP 0MPP NO PP 0 17153192 ARMS No_PP 0MPP NO PP 0 17153193 ARMS No_PP 0MPP NO PP 0 17153194 ARMS No_PP 0MPP NO PP 0 17153195 ARMS No_PP 0MPP NO PP 0 17153196 ARMS No_PP 0MPP NO PP 0 17153199 ARMS No_PP 0MPP NO PP 0 17153200 ARMS No_PP 0MPP NO PP 0 17153201 ARMS No_PP 0MPP NO PP 0 17153202 ARMS No_PP 0MPP NO PP 0 17153322 ARMS No_PP 0MPP NO PP 0 17153323 ARMS No_PP 0MPP NO PP 0 17153324 ARMS No_PP 0MPP NO PP 0 17153326 ARMS No_PP 0MPP NO PP 0 17153327 ARMS No_PP 0MPP NO PP 0 17153328 ARMS No_PP 0MPP NO PP 0 17153329 ARMS No_PP 0MPP NO PP 0 17153330 ARMS No_PP 0MPP NO PP 0 17153332 ARMS No_PP 0MPP NO PP 0 17153333 ARMS No_PP 0MPP NO PP 0 17153334 ARMS No_PP 0MPP NO PP 0 17153335 ARMS No_PP 0MPP NO PP 0 17153336 ARMS No_PP 0MPP NO PP 0 17153337 ARMS No_PP 0MPP NO PP 0 17153338 ARMS No_PP 0MPP NO PP 0 17153339 ARMS No_PP 0MPP NO PP 0 17153340 ARMS No_PP 0MPP NO PP 0 17153341 ARMS No_PP 0MPP NO PP 0 17153342 ARMS No_PP 0MPP NO PP 0 17153343 ARMS No_PP 0MPP NO PP 0 17153345 ARMS No_PP 0MPP NO PP 0 17153346 ARMS No_PP 0MPP NO PP 0 17153347 ARMS No_PP 0MPP NO PP 0 17153348 ARMS No_PP 0MPP NO PP 0 17153349 ARMS No_PP 0MPP NO PP 0 17153350 ARMS No_PP 0MPP NO PP 0 17153351 ARMS No_PP 0MPP NO PP 0 17153352 ARMS No_PP 0MPP NO PP 0 17153353 ARMS No_PP 0MPP NO PP 0 17153354 ARMS No_PP 0MPP NO PP 0 17153355 ARMS No_PP 0MPP NO PP 0 17153356 ARMS No_PP 0MPP NO PP 0 17153357 ARMS No_PP 0MPP NO PP 0 17153358 ARMS No_PP 0MPP NO PP 0 17153359 ARMS No_PP 0MPP NO PP 0 17153360 ARMS No_PP 0MPP NO PP 0 17153361 ARMS No_PP 0MPP NO PP 0 17153362 ARMS No_PP 0MPP NO PP 0 17153363 ARMS No_PP 0MPP NO PP 0 17153364 ARMS No_PP 0MPP NO PP 0 17153365 ARMS No_PP 0MPP NO PP 0 17153366 ARMS No_PP 0MPP NO PP 0 17153367 ARMS No_PP 0MPP NO PP 0 17153369 ARMS No_PP 0MPP NO PP 0 17153370 ARMS No_PP 0MPP NO PP 0 17153371 ARMS No_PP 0MPP NO PP 0 17153372 ARMS No_PP 0MPP NO PP 0 17153373 ARMS No_PP 0MPP NO PP 0 17153374 ARMS No_PP 0MPP NO PP 0 17153375 ARMS No_PP 0MPP NO PP 0 17153376 ARMS No_PP 0MPP NO PP 0 17153377 ARMS No_PP 0MPP NO PP 0 17153378 ARMS No_PP 0MPP NO PP 0 17153379 ARMS No_PP 0MPP NO PP 0 17153380 ARMS No_PP 0MPP NO PP 0 17153381 ARMS No_PP 0MPP NO PP 0 17153382 ARMS No_PP 0MPP NO PP 0 17153383 ARMS No_PP 0MPP NO PP 0 17153384 ARMS No_PP 0MPP NO PP 0 17153385 ARMS No_PP 0MPP NO PP 0 17153386 ARMS No_PP 0MPP NO PP 0 17153387 ARMS No_PP 0MPP NO PP 0 17153388 ARMS No_PP 0MPP NO PP 0 17153389 ARMS No_PP 0MPP NO PP 0 17153390 ARMS No_PP 0MPP NO PP 0 17153391 ARMS No_PP 0MPP NO PP 0 17153392 ARMS No_PP 0MPP NO PP 0 17153393 ARMS No_PP 0MPP NO PP 0 17153394 ARMS No_PP 0MPP NO PP 0 17153395 ARMS No_PP 0MPP NO PP 0 17153396 ARMS No_PP 0MPP NO PP 0 17153397 ARMS No_PP 0MPP NO PP 0 17153398 ARMS No_PP 0MPP NO PP 0 17153399 ARMS No_PP 0MPP NO PP 0 17153400 ARMS No_PP 0MPP NO PP 0 17153401 ARMS No_PP 0MPP NO PP 0 17153402 ARMS No_PP 0MPP NO PP 0 17153403 ARMS No_PP 0MPP NO PP 0 17153405 ARMS No_PP 0MPP NO PP 0 17153406 ARMS No_PP 0MPP NO PP 0 17153407 ARMS No_PP 0MPP NO PP 0 17153408 ARMS No_PP 0MPP NO PP 0 17153409 ARMS No_PP 0MPP NO PP 0 17153410 ARMS No_PP 0MPP NO PP 0 17153411 ARMS No_PP 0MPP NO PP 0 17153412 ARMS No_PP 0MPP NO PP 0 17153414 ARMS No_PP 0MPP NO PP 0 17153210 ARMS No_PP 0MPP NO PP 0 17153211 ARMS No_PP 0MPP NO PP 0 17153212 ARMS No_PP 0MPP NO PP 0 17153214 ARMS No_PP 0MPP NO PP 0 17153215 ARMS No_PP 0MPP NO PP 0 17153216 ARMS No_PP 0MPP NO PP 0 17153217 ARMS No_PP 0MPP NO PP 0 17153218 ARMS No_PP 0MPP NO PP 0 17153219 ARMS No_PP 0MPP NO PP 0 17153220 ARMS No_PP 0MPP NO PP 0 17153221 ARMS No_PP 0MPP NO PP 0 17153222 ARMS No_PP 0MPP NO PP 0 17153223 ARMS No_PP 0MPP NO PP 0 17153224 ARMS No_PP 0MPP NO PP 0 17153225 ARMS No_PP 0MPP NO PP 0 17153226 ARMS No_PP 0MPP NO PP 0 17153227 ARMS No_PP 0MPP NO PP 0 17153228 ARMS No_PP 0MPP NO PP 0 17153229 ARMS No_PP 0MPP NO PP 0 17153230 ARMS No_PP 0MPP NO PP 0 17153231 ARMS No_PP 0MPP NO PP 0 17153232 ARMS No_PP 0MPP NO PP 0 17153233 ARMS No_PP 0MPP NO PP 0 17153234 ARMS No_PP 0MPP NO PP 0 17153235 ARMS No_PP 0MPP NO PP 0 17153236 ARMS No_PP 0MPP NO PP 0 17153237 ARMS No_PP 0MPP NO PP 0 17153239 ARMS No_PP 0MPP NO PP 0 17153240 ARMS No_PP 0MPP NO PP 0 17153244 ARMS No_PP 0MPP NO PP 0 17153245 ARMS No_PP 0MPP NO PP 0 17153247 ARMS No_PP 0MPP NO PP 0 17153249 ARMS No_PP 0MPP NO PP 0 17153250 ARMS No_PP 0MPP NO PP 0 17153251 ARMS No_PP 0MPP NO PP 0 17153252 ARMS No_PP 0MPP NO PP 0 17153253 ARMS No_PP 0MPP NO PP 0 17153254 ARMS No_PP 0MPP NO PP 0 17153255 ARMS No_PP 0MPP NO PP 0 17153256 ARMS No_PP 0MPP NO PP 0 17153257 ARMS No_PP 0MPP NO PP 0 17153258 ARMS No_PP 0MPP NO PP 0 17153259 ARMS No_PP 0MPP NO PP 0 17153260 ARMS No_PP 0MPP NO PP 0 17153261 ARMS No_PP 0MPP NO PP 0 17153262 ARMS No_PP 0MPP NO PP 0 17153263 ARMS No_PP 0MPP NO PP 0 17153264 ARMS No_PP 0MPP NO PP 0 17153267 ARMS No_PP 0MPP NO PP 0 17153268 ARMS No_PP 0MPP NO PP 0 17153269 ARMS No_PP 0MPP NO PP 0 17153270 ARMS No_PP 0MPP NO PP 0 17153272 ARMS No_PP 0MPP NO PP 0 17153274 ARMS No_PP 0MPP NO PP 0 17153275 ARMS No_PP 0MPP NO PP 0 17153276 ARMS No_PP 0MPP NO PP 0 17153277 ARMS No_PP 0MPP NO PP 0 17153278 ARMS No_PP 0MPP NO PP 0 17153279 ARMS No_PP 0MPP NO PP 0 17153280 ARMS No_PP 0MPP NO PP 0 17153281 ARMS No_PP 0MPP NO PP 0 17153282 ARMS No_PP 0MPP NO PP 0 17153283 ARMS No_PP 0MPP NO PP 0 17153284 ARMS No_PP 0MPP NO PP 0 17153285 ARMS No_PP 0MPP NO PP 0 17153286 ARMS No_PP 0MPP NO PP 0 17153287 ARMS No_PP 0MPP NO PP 0 17153288 ARMS No_PP 0MPP NO PP 0 17153289 ARMS No_PP 0MPP NO PP 0 17153291 ARMS No_PP 0MPP NO PP 0 17153292 ARMS No_PP 0MPP NO PP 0 17153293 ARMS No_PP 0MPP NO PP 0 17153294 ARMS No_PP 0MPP NO PP 0 17153295 ARMS No_PP 0MPP NO PP 0 17153296 ARMS No_PP 0MPP NO PP 0 17153297 ARMS No_PP 0MPP NO PP 0 17153298 ARMS No_PP 0MPP NO PP 0 17153299 ARMS No_PP 0MPP NO PP 0 17153300 ARMS No_PP 0MPP NO PP 0 17153301 ARMS No_PP 0MPP NO PP 0 17153302 ARMS No_PP 0MPP NO PP 0 17153303 ARMS No_PP 0MPP NO PP 0 17153304 ARMS No_PP 0MPP NO PP 0 17153305 ARMS No_PP 0MPP NO PP 0 17153306 ARMS No_PP 0MPP NO PP 0 17153307 ARMS No_PP 0MPP NO PP 0 17153308 ARMS No_PP 0MPP NO PP 0 17153310 ARMS No_PP 0MPP NO PP 0 17153311 ARMS No_PP 0MPP NO PP 0 17153312 ARMS No_PP 0MPP NO PP 0 17153313 ARMS No_PP 0MPP NO PP 0 17153314 ARMS No_PP 0MPP NO PP 0 17153316 ARMS No_PP 0MPP NO PP 0 17153317 ARMS No_PP 0MPP NO PP 0 17153318 ARMS No_PP 0MPP NO PP 0 17153319 ARMS No_PP 0MPP NO PP 0 17153320 ARMS No_PP 0MPP NO PP 0 17153321 ARMS No_PP 0MPP NO PP 0 17153203 ARMS No_PP 0MPP NO PP 0 17153204 ARMS No_PP 0MPP NO PP 0 17153205 ARMS No_PP 0MPP NO PP 0 17153206 ARMS No_PP 0MPP NO PP 0 17153207 ARMS No_PP 0MPP NO PP 0 17153208 ARMS No_PP 0MPP NO PP 0 16846361 ARMS No_PP 0MPP NO PP 0 17153912 ARMS No_PP 0MPP NO PP 0 17153913 ARMS No_PP 0MPP NO PP 0 17153914 ARMS No_PP 0MPP NO PP 0 17153915 ARMS No_PP 0MPP NO PP 0 17153916 ARMS No_PP 0MPP NO PP 0 17153917 ARMS No_PP 0MPP NO PP 0 17153918 ARMS No_PP 0MPP NO PP 0 17153919 ARMS No_PP 0MPP NO PP 0 17153920 ARMS No_PP 0MPP NO PP 0 17153921 ARMS No_PP 0MPP NO PP 0 17153922 ARMS No_PP 0MPP NO PP 0 17153923 ARMS No_PP 0MPP NO PP 0 17153924 ARMS No_PP 0MPP NO PP 0 17153925 ARMS No_PP 0MPP NO PP 0 17153926 ARMS No_PP 0MPP NO PP 0 17153928 ARMS No_PP 0MPP NO PP 0 17153929 ARMS No_PP 0MPP NO PP 0 17153930 ARMS No_PP 0MPP NO PP 0 17153931 ARMS No_PP 0MPP NO PP 0 17153932 ARMS No_PP 0MPP NO PP 0 17153933 ARMS No_PP 0MPP NO PP 0 17153934 ARMS No_PP 0MPP NO PP 0 17153935 ARMS No_PP 0MPP NO PP 0 17153936 ARMS No_PP 0MPP NO PP 0 17153937 ARMS No_PP 0MPP NO PP 0 17153938 ARMS No_PP 0MPP NO PP 0 17153939 ARMS No_PP 0MPP NO PP 0 17153940 ARMS No_PP 0MPP NO PP 0 17153941 ARMS No_PP 0MPP NO PP 0 17153942 ARMS No_PP 0MPP NO PP 0 17153943 ARMS No_PP 0MPP NO PP 0 17153944 ARMS No_PP 0MPP NO PP 0 17153945 ARMS No_PP 0MPP NO PP 0 17153946 ARMS No_PP 0MPP NO PP 0 17153947 ARMS No_PP 0MPP NO PP 0 17153948 ARMS No_PP 0MPP NO PP 0 17153950 ARMS No_PP 0MPP NO PP 0 17153951 ARMS No_PP 0MPP NO PP 0 17153952 ARMS No_PP 0MPP NO PP 0 17153953 ARMS No_PP 0MPP NO PP 0 17153954 ARMS No_PP 0MPP NO PP 0 17153955 ARMS No_PP 0MPP NO PP 0 17153956 ARMS No_PP 0MPP NO PP 0 17153957 ARMS No_PP 0MPP NO PP 0 17153958 ARMS No_PP 0MPP NO PP 0 17153959 ARMS No_PP 0MPP NO PP 0 17153960 ARMS No_PP 0MPP NO PP 0 17153961 ARMS No_PP 0MPP NO PP 0 17153962 ARMS No_PP 0MPP NO PP 0 17153963 ARMS No_PP 0MPP NO PP 0 17153964 ARMS No_PP 0MPP NO PP 0 17153965 ARMS No_PP 0MPP NO PP 0 17153966 ARMS No_PP 0MPP NO PP 0 17153968 ARMS No_PP 0MPP NO PP 0 17153969 ARMS No_PP 0MPP NO PP 0 17153970 ARMS No_PP 0MPP NO PP 0 17153971 ARMS No_PP 0MPP NO PP 0 17153972 ARMS No_PP 0MPP NO PP 0 17153973 ARMS No_PP 0MPP NO PP 0 17153974 ARMS No_PP 0MPP NO PP 0 17153975 ARMS No_PP 0MPP NO PP 0 17153976 ARMS No_PP 0MPP NO PP 0 17153977 ARMS No_PP 0MPP NO PP 0 17153978 ARMS No_PP 0MPP NO PP 0 17153979 ARMS No_PP 0MPP NO PP 0 17153980 ARMS No_PP 0MPP NO PP 0 17153981 ARMS No_PP 0MPP NO PP 0 17153982 ARMS No_PP 0MPP NO PP 0 17153983 ARMS No_PP 0MPP NO PP 0 17153984 ARMS No_PP 0MPP NO PP 0 17153985 ARMS No_PP 0MPP NO PP 0 17153986 ARMS No_PP 0MPP NO PP 0 17153987 ARMS No_PP 0MPP NO PP 0 17153988 ARMS No_PP 0MPP NO PP 0 17153989 ARMS No_PP 0MPP NO PP 0 17153990 ARMS No_PP 0MPP NO PP 0 17153991 ARMS No_PP 0MPP NO PP 0 17153992 ARMS No_PP 0MPP NO PP 0 17153993 ARMS No_PP 0MPP NO PP 0 17153994 ARMS No_PP 0MPP NO PP 0 17153995 ARMS No_PP 0MPP NO PP 0 17153996 ARMS No_PP 0MPP NO PP 0 17153997 ARMS No_PP 0MPP NO PP 0 17153998 ARMS No_PP 0MPP NO PP 0 17153999 ARMS No_PP 0MPP NO PP 0 17154000 ARMS No_PP 0MPP NO PP 0 17154001 ARMS No_PP 0MPP NO PP 0 17154002 ARMS No_PP 0MPP NO PP 0 17154003 ARMS No_PP 0MPP NO PP 0 17154004 ARMS No_PP 0MPP NO PP 0 17154005 ARMS No_PP 0MPP NO PP 0 17154007 ARMS No_PP 0MPP NO PP 0 17154009 ARMS No_PP 0MPP NO PP 0 17154010 ARMS No_PP 0MPP NO PP 0 17154011 ARMS No_PP 0MPP NO PP 0 17154012 ARMS No_PP 0MPP NO PP 0 17154014 ARMS No_PP 0MPP NO PP 0 17154015 ARMS No_PP 0MPP NO PP 0 17154016 ARMS No_PP 0MPP NO PP 0 17154017 ARMS No_PP 0MPP NO PP 0 17154018 ARMS No_PP 0MPP NO PP 0 17154019 ARMS No_PP 0MPP NO PP 0 17154020 ARMS No_PP 0MPP NO PP 0 17154021 ARMS No_PP 0MPP NO PP 0 17154022 ARMS No_PP 0MPP NO PP 0 17154023 ARMS No_PP 0MPP NO PP 0 17154024 ARMS No_PP 0MPP NO PP 0 17154025 ARMS No_PP 0MPP NO PP 0 17154026 ARMS No_PP 0MPP NO PP 0 17154027 ARMS No_PP 0MPP NO PP 0 17154028 ARMS No_PP 0MPP NO PP 0 17154029 ARMS No_PP 0MPP NO PP 0 17154030 ARMS No_PP 0MPP NO PP 0 17154032 ARMS No_PP 0MPP NO PP 0 17154033 ARMS No_PP 0MPP NO PP 0 17154034 ARMS No_PP 0MPP NO PP 0 17154035 ARMS No_PP 0MPP NO PP 0 17154036 ARMS No_PP 0MPP NO PP 0 17154037 ARMS No_PP 0MPP NO PP 0 17154038 ARMS No_PP 0MPP NO PP 0 17154039 ARMS No_PP 0MPP NO PP 0 17154040 ARMS No_PP 0MPP NO PP 0 17154041 ARMS No_PP 0MPP NO PP 0 17154042 ARMS No_PP 0MPP NO PP 0 17154043 ARMS No_PP 0MPP NO PP 0 17154044 ARMS No_PP 0MPP NO PP 0 17154045 ARMS No_PP 0MPP NO PP 0 17154046 ARMS No_PP 0MPP NO PP 0 17154047 ARMS No_PP 0MPP NO PP 0 17154048 ARMS No_PP 0MPP NO PP 0 17154050 ARMS No_PP 0MPP NO PP 0 17154051 ARMS No_PP 0MPP NO PP 0 17154052 ARMS No_PP 0MPP NO PP 0 17154053 ARMS No_PP 0MPP NO PP 0 17154054 ARMS No_PP 0MPP NO PP 0 17154055 ARMS No_PP 0MPP NO PP 0 17154056 ARMS No_PP 0MPP NO PP 0 17154057 ARMS No_PP 0MPP NO PP 0 17154058 ARMS No_PP 0MPP NO PP 0 17154059 ARMS No_PP 0MPP NO PP 0 17154060 ARMS No_PP 0MPP NO PP 0 17154061 ARMS No_PP 0MPP NO PP 0 17154062 ARMS No_PP 0MPP NO PP 0 17154063 ARMS No_PP 0MPP NO PP 0 17154064 ARMS No_PP 0MPP NO PP 0 17154065 ARMS No_PP 0MPP NO PP 0 17154066 ARMS No_PP 0MPP NO PP 0 17154067 ARMS No_PP 0MPP NO PP 0 17154068 ARMS No_PP 0MPP NO PP 0 17154069 ARMS No_PP 0MPP NO PP 0 17154070 ARMS No_PP 0MPP NO PP 0 17154072 ARMS No_PP 0MPP NO PP 0 17154074 ARMS No_PP 0MPP NO PP 0 17154075 ARMS No_PP 0MPP NO PP 0 17154076 ARMS No_PP 0MPP NO PP 0 17154077 ARMS No_PP 0MPP NO PP 0 17154078 ARMS No_PP 0MPP NO PP 0 17154081 ARMS No_PP 0MPP NO PP 0 17154082 ARMS No_PP 0MPP NO PP 0 17154083 ARMS No_PP 0MPP NO PP 0 17154084 ARMS No_PP 0MPP NO PP 0 17154085 ARMS No_PP 0MPP NO PP 0 17154086 ARMS No_PP 0MPP NO PP 0 17154087 ARMS No_PP 0MPP NO PP 0 17154088 ARMS No_PP 0MPP NO PP 0 17154089 ARMS No_PP 0MPP NO PP 0 17154090 ARMS No_PP 0MPP NO PP 0 17154091 ARMS No_PP 0MPP NO PP 0 17154092 ARMS No_PP 0MPP NO PP 0 17154093 ARMS No_PP 0MPP NO PP 0 17154094 ARMS No_PP 0MPP NO PP 0 17154095 ARMS No_PP 0MPP NO PP 0 17154097 ARMS No_PP 0MPP NO PP 0 17154098 ARMS No_PP 0MPP NO PP 0 17153770 ARMS No_PP 0MPP NO PP 0 17153771 ARMS No_PP 0MPP NO PP 0 17153772 ARMS No_PP 0MPP NO PP 0 17153773 ARMS No_PP 0MPP NO PP 0 17153774 ARMS No_PP 0MPP NO PP 0 17153775 ARMS No_PP 0MPP NO PP 0 17153776 ARMS No_PP 0MPP NO PP 0 17153777 ARMS No_PP 0MPP NO PP 0 17153779 ARMS No_PP 0MPP NO PP 0 17153781 ARMS No_PP 0MPP NO PP 0 17153782 ARMS No_PP 0MPP NO PP 0 17153783 ARMS No_PP 0MPP NO PP 0 17153784 ARMS No_PP 0MPP NO PP 0 17153785 ARMS No_PP 0MPP NO PP 0 17153786 ARMS No_PP 0MPP NO PP 0 17153787 ARMS No_PP 0MPP NO PP 0 17153788 ARMS No_PP 0MPP NO PP 0 17153789 ARMS No_PP 0MPP NO PP 0 17153790 ARMS No_PP 0MPP NO PP 0 17153792 ARMS No_PP 0MPP NO PP 0 17153793 ARMS No_PP 0MPP NO PP 0 17153794 ARMS No_PP 0MPP NO PP 0 17153795 ARMS No_PP 0MPP NO PP 0 17153796 ARMS No_PP 0MPP NO PP 0 17153797 ARMS No_PP 0MPP NO PP 0 17153798 ARMS No_PP 0MPP NO PP 0 17153799 ARMS No_PP 0MPP NO PP 0 17153800 ARMS No_PP 0MPP NO PP 0 17153801 ARMS No_PP 0MPP NO PP 0 17153802 ARMS No_PP 0MPP NO PP 0 17153803 ARMS No_PP 0MPP NO PP 0 17153804 ARMS No_PP 0MPP NO PP 0 17153805 ARMS No_PP 0MPP NO PP 0 17153806 ARMS No_PP 0MPP NO PP 0 17153807 ARMS No_PP 0MPP NO PP 0 17153808 ARMS No_PP 0MPP NO PP 0 17153809 ARMS No_PP 0MPP NO PP 0 17153810 ARMS No_PP 0MPP NO PP 0 17153811 ARMS No_PP 0MPP NO PP 0 17153812 ARMS No_PP 0MPP NO PP 0 17153813 ARMS No_PP 0MPP NO PP 0 17153814 ARMS No_PP 0MPP NO PP 0 17153815 ARMS No_PP 0MPP NO PP 0 17153816 ARMS No_PP 0MPP NO PP 0 17153817 ARMS No_PP 0MPP NO PP 0 17153818 ARMS No_PP 0MPP NO PP 0 17153819 ARMS No_PP 0MPP NO PP 0 17153820 ARMS No_PP 0MPP NO PP 0 17153822 ARMS No_PP 0MPP NO PP 0 17153823 ARMS No_PP 0MPP NO PP 0 17153824 ARMS No_PP 0MPP NO PP 0 17153825 ARMS No_PP 0MPP NO PP 0 17153826 ARMS No_PP 0MPP NO PP 0 17153827 ARMS No_PP 0MPP NO PP 0 17153828 ARMS No_PP 0MPP NO PP 0 17153829 ARMS No_PP 0MPP NO PP 0 17153831 ARMS No_PP 0MPP NO PP 0 17153832 ARMS No_PP 0MPP NO PP 0 17153833 ARMS No_PP 0MPP NO PP 0 17153834 ARMS No_PP 0MPP NO PP 0 17153835 ARMS No_PP 0MPP NO PP 0 17153836 ARMS No_PP 0MPP NO PP 0 17153837 ARMS No_PP 0MPP NO PP 0 17153838 ARMS No_PP 0MPP NO PP 0 17153839 ARMS No_PP 0MPP NO PP 0 17153840 ARMS No_PP 0MPP NO PP 0 17153841 ARMS No_PP 0MPP NO PP 0 17153843 ARMS No_PP 0MPP NO PP 0 17153844 ARMS No_PP 0MPP NO PP 0 17153845 ARMS No_PP 0MPP NO PP 0 17153846 ARMS No_PP 0MPP NO PP 0 17153848 ARMS No_PP 0MPP NO PP 0 17153849 ARMS No_PP 0MPP NO PP 0 17153850 ARMS No_PP 0MPP NO PP 0 17153851 ARMS No_PP 0MPP NO PP 0 17153852 ARMS No_PP 0MPP NO PP 0 17153853 ARMS No_PP 0MPP NO PP 0 17153854 ARMS No_PP 0MPP NO PP 0 17153855 ARMS No_PP 0MPP NO PP 0 17153856 ARMS No_PP 0MPP NO PP 0 17153857 ARMS No_PP 0MPP NO PP 0 17153858 ARMS No_PP 0MPP NO PP 0 17153859 ARMS No_PP 0MPP NO PP 0 17153860 ARMS No_PP 0MPP NO PP 0 17153861 ARMS No_PP 0MPP NO PP 0 17153862 ARMS No_PP 0MPP NO PP 0 17153863 ARMS No_PP 0MPP NO PP 0 17153864 ARMS No_PP 0MPP NO PP 0 17153865 ARMS No_PP 0MPP NO PP 0 17153866 ARMS No_PP 0MPP NO PP 0 17153867 ARMS No_PP 0MPP NO PP 0 17153868 ARMS No_PP 0MPP NO PP 0 17153869 ARMS No_PP 0MPP NO PP 0 17153870 ARMS No_PP 0MPP NO PP 0 17153871 ARMS No_PP 0MPP NO PP 0 17153872 ARMS No_PP 0MPP NO PP 0 17153874 ARMS No_PP 0MPP NO PP 0 17153875 ARMS No_PP 0MPP NO PP 0 17153876 ARMS No_PP 0MPP NO PP 0 17153878 ARMS No_PP 0MPP NO PP 0 17153879 ARMS No_PP 0MPP NO PP 0 17153880 ARMS No_PP 0MPP NO PP 0 17153881 ARMS No_PP 0MPP NO PP 0 17153882 ARMS No_PP 0MPP NO PP 0 17153883 ARMS No_PP 0MPP NO PP 0 17153884 ARMS No_PP 0MPP NO PP 0 17153885 ARMS No_PP 0MPP NO PP 0 17153886 ARMS No_PP 0MPP NO PP 0 17153887 ARMS No_PP 0MPP NO PP 0 17153889 ARMS No_PP 0MPP NO PP 0 17153890 ARMS No_PP 0MPP NO PP 0 17153891 ARMS No_PP 0MPP NO PP 0 17153892 ARMS No_PP 0MPP NO PP 0 17153893 ARMS No_PP 0MPP NO PP 0 17153894 ARMS No_PP 0MPP NO PP 0 17153895 ARMS No_PP 0MPP NO PP 0 17153896 ARMS No_PP 0MPP NO PP 0 17153897 ARMS No_PP 0MPP NO PP 0 17153898 ARMS No_PP 0MPP NO PP 0 17153900 ARMS No_PP 0MPP NO PP 0 17153901 ARMS No_PP 0MPP NO PP 0 17153902 ARMS No_PP 0MPP NO PP 0 17153903 ARMS No_PP 0MPP NO PP 0 17153904 ARMS No_PP 0MPP NO PP 0 17153905 ARMS No_PP 0MPP NO PP 0 17153906 ARMS No_PP 0MPP NO PP 0 17153907 ARMS No_PP 0MPP NO PP 0 17153908 ARMS No_PP 0MPP NO PP 0 17153910 ARMS No_PP 0MPP NO PP 0 17153749 ARMS No_PP 0MPP NO PP 0 17153750 ARMS No_PP 0MPP NO PP 0 17153751 ARMS No_PP 0MPP NO PP 0 17153752 ARMS No_PP 0MPP NO PP 0 17153753 ARMS No_PP 0MPP NO PP 0 17153754 ARMS No_PP 0MPP NO PP 0 17153755 ARMS No_PP 0MPP NO PP 0 17153757 ARMS No_PP 0MPP NO PP 0 17153758 ARMS No_PP 0MPP NO PP 0 17153759 ARMS No_PP 0MPP NO PP 0 17153760 ARMS No_PP 0MPP NO PP 0 17153762 ARMS No_PP 0MPP NO PP 0 17153763 ARMS No_PP 0MPP NO PP 0 17153764 ARMS No_PP 0MPP NO PP 0 17153765 ARMS No_PP 0MPP NO PP 0 17153766 ARMS No_PP 0MPP NO PP 0 17153767 ARMS No_PP 0MPP NO PP 0 17153768 ARMS No_PP 0MPP NO PP 0 17153769 ARMS No_PP 0MPP NO PP 0 17233046 ARMS No_PP 0MPP NO PP 0 17233120 ARMS No_PP 0MPP NO PP 0 17233040 ARMS No_PP 0MPP NO PP 0 17233041 ARMS No_PP 0MPP NO PP 0 17233123 ARMS No_PP 0MPP NO PP 0 17233042 ARMS Prepay 12MPP HARD 12 17233124 ARMS Prepay 36MPP SOFT 0 17233043 ARMS Prepay 12MPP HARD 12 17233125 ARMS No_PP 0MPP NO PP 0 17233044 ARMS No_PP 0MPP NO PP 0 17233045 ARMS No_PP 0MPP NO PP 0 17233116 ARMS Prepay 12MPP HARD 12 17233036 ARMS No_PP 0MPP NO PP 0 17233118 ARMS No_PP 0MPP NO PP 0 17233119 ARMS No_PP 0MPP NO PP 0 17233038 ARMS No_PP 0MPP NO PP 0 17233039 ARMS No_PP 0MPP NO PP 0 17233033 ARMS No_PP 0MPP NO PP 0 17233115 ARMS No_PP 0MPP NO PP 0 17233034 ARMS No_PP 0MPP NO PP 0 17233467 ARMS Prepay 36MPP SOFT 0 17233409 ARMS No_PP 0MPP NO PP 0 17233110 ARMS No_PP 0MPP NO PP 0 17233030 ARMS No_PP 0MPP NO PP 0 17233113 ARMS No_PP 0MPP NO PP 0 17233032 ARMS No_PP 0MPP NO PP 0 17233114 ARMS Prepay 36MPP SOFT 0 17233028 ARMS No_PP 0MPP NO PP 0 17233029 ARMS No_PP 0MPP NO PP 0 17233108 ARMS No_PP 0MPP NO PP 0 17233109 ARMS No_PP 0MPP NO PP 0 17247380 ARMS Prepay 36MPP SOFT 0 17233000 ARMS No_PP 0MPP NO PP 0 17233001 ARMS No_PP 0MPP NO PP 0 17233002 ARMS No_PP 0MPP NO PP 0 17233003 ARMS Prepay 36MPP SOFT 0 17233004 ARMS No_PP 0MPP NO PP 0 17233005 ARMS No_PP 0MPP NO PP 0 17233006 ARMS No_PP 0MPP NO PP 0 17233007 ARMS No_PP 0MPP NO PP 0 17247291 ARMS Prepay 12MPP HARD 12 17247373 ARMS Prepay 12MPP HARD 12 17233008 ARMS No_PP 0MPP NO PP 0 17233009 ARMS No_PP 0MPP NO PP 0 17233010 ARMS No_PP 0MPP NO PP 0 17233011 ARMS No_PP 0MPP NO PP 0 17233013 ARMS No_PP 0MPP NO PP 0 17233014 ARMS No_PP 0MPP NO PP 0 17233015 ARMS No_PP 0MPP NO PP 0 17233016 ARMS No_PP 0MPP NO PP 0 17233017 ARMS Prepay 36MPP SOFT 0 17233018 ARMS No_PP 0MPP NO PP 0 17247293 ARMS Prepay 12MPP HARD 12 17247294 ARMS Prepay 36MPP SOFT 0 17233100 ARMS Prepay 12MPP HARD 12 17233020 ARMS No_PP 0MPP NO PP 0 17233101 ARMS No_PP 0MPP NO PP 0 17233021 ARMS No_PP 0MPP NO PP 0 17233102 ARMS No_PP 0MPP NO PP 0 17233022 ARMS No_PP 0MPP NO PP 0 17233023 ARMS No_PP 0MPP NO PP 0 17233105 ARMS Prepay 12MPP HARD 12 17233024 ARMS No_PP 0MPP NO PP 0 17233106 ARMS No_PP 0MPP NO PP 0 17233025 ARMS No_PP 0MPP NO PP 0 17233107 ARMS No_PP 0MPP NO PP 0 17247371 ARMS Prepay 12MPP HARD 12 17247365 ARMS Prepay 36MPP SOFT 0 17247287 ARMS Prepay 12MPP HARD 12 17247288 ARMS No_PP 0MPP NO PP 0 17247289 ARMS Prepay 36MPP SOFT 0 17247284 ARMS No_PP 0MPP NO PP 0 17247258 ARMS Prepay 6MPP HARD 6 17247259 ARMS No_PP 0MPP NO PP 0 17247340 ARMS Prepay 12MPP HARD 12 17247342 ARMS No_PP 0MPP NO PP 0 17247346 ARMS Prepay 60MPP SOFT 0 17247348 ARMS No_PP 0MPP NO PP 0 17247351 ARMS Prepay 36MPP SOFT 0 17247270 ARMS No_PP 0MPP NO PP 0 17247353 ARMS Prepay 12MPP HARD 12 17247272 ARMS No_PP 0MPP NO PP 0 17247355 ARMS No_PP 0MPP NO PP 0 17247356 ARMS No_PP 0MPP NO PP 0 17247277 ARMS Prepay 12MPP HARD 12 17247278 ARMS Prepay 60MPP SOFT 0 17247362 ARMS No_PP 0MPP NO PP 0 17247322 ARMS No_PP 0MPP NO PP 0 17247324 ARMS No_PP 0MPP NO PP 0 17247331 ARMS No_PP 0MPP NO PP 0 17247251 ARMS Prepay 12MPP HARD 12 17247333 ARMS Prepay 12MPP HARD 12 17247252 ARMS No_PP 0MPP NO PP 0 17247253 ARMS No_PP 0MPP NO PP 0 17247255 ARMS Prepay 60MPP SOFT 0 17247256 ARMS No_PP 0MPP NO PP 0 17247327 ARMS Prepay 60MPP SOFT 0 17247328 ARMS No_PP 0MPP NO PP 0 17247248 ARMS No_PP 0MPP NO PP 0 17247237 ARMS Prepay 36MPP SOFT 0 17247228 ARMS Prepay 12MPP HARD 12 17247309 ARMS Prepay 12MPP HARD 12 17247310 ARMS Prepay 12MPP HARD 12 17247312 ARMS Prepay 36MPP SOFT 0 17247316 ARMS No_PP 0MPP NO PP 0 17233391 ARMS No_PP 0MPP NO PP 0 17233475 ARMS No_PP 0MPP NO PP 0 17233476 ARMS Prepay 12MPP HARD 12 17233397 ARMS Prepay 60MPP SOFT 0 17247204 ARMS Prepay 36MPP SOFT 0 17247217 ARMS No_PP 0MPP NO PP 0 17247218 ARMS No_PP 0MPP NO PP 0 17247219 ARMS No_PP 0MPP NO PP 0 17247225 ARMS Prepay 36MPP SOFT 0 17233452 ARMS Prepay 12MPP HARD 12 17233456 ARMS Prepay 12MPP HARD 12 17233381 ARMS Prepay 60MPP SOFT 0 17233432 ARMS Prepay 36MPP SOFT 0 17233433 ARMS Prepay 12MPP HARD 12 17233190 ARMS No_PP 0MPP NO PP 0 17233193 ARMS Prepay 60MPP SOFT 0 17233438 ARMS Prepay 12MPP HARD 12 17233195 ARMS Prepay 12MPP HARD 12 17233196 ARMS No_PP 0MPP NO PP 0 17233359 ARMS No_PP 0MPP NO PP 0 17233198 ARMS Prepay 12MPP HARD 12 17233360 ARMS Prepay 36MPP SOFT 0 17233361 ARMS No_PP 0MPP NO PP 0 17233364 ARMS Prepay 12MPP HARD 12 17233366 ARMS No_PP 0MPP NO PP 0 17233367 ARMS No_PP 0MPP NO PP 0 17233180 ARMS No_PP 0MPP NO PP 0 17233424 ARMS Prepay 12MPP HARD 12 17233343 ARMS No_PP 0MPP NO PP 0 17233344 ARMS No_PP 0MPP NO PP 0 17233345 ARMS No_PP 0MPP NO PP 0 17233184 ARMS No_PP 0MPP NO PP 0 17233185 ARMS Prepay 36MPP SOFT 0 17233349 ARMS No_PP 0MPP NO PP 0 17233189 ARMS No_PP 0MPP NO PP 0 17233084 ARMS Prepay 12MPP HARD 12 17233327 ARMS Prepay 12MPP HARD 12 17233166 ARMS No_PP 0MPP NO PP 0 17233086 ARMS No_PP 0MPP NO PP 0 17233167 ARMS Prepay 36MPP SOFT 0 17233087 ARMS Prepay 12MPP HARD 12 17233088 ARMS No_PP 0MPP NO PP 0 17233169 ARMS Prepay 12MPP HARD 12 17233089 ARMS No_PP 0MPP NO PP 0 17233413 ARMS No_PP 0MPP NO PP 0 17233170 ARMS Prepay 36MPP SOFT 0 17233171 ARMS Prepay 36MPP SOFT 0 17233333 ARMS Prepay 12MPP HARD 12 17233091 ARMS Prepay 12MPP HARD 12 17233092 ARMS No_PP 0MPP NO PP 0 17233173 ARMS Prepay 60MPP SOFT 0 17233335 ARMS No_PP 0MPP NO PP 0 17233093 ARMS Prepay 60MPP SOFT 0 17233174 ARMS No_PP 0MPP NO PP 0 17233094 ARMS Prepay 12MPP HARD 12 17233337 ARMS Prepay 12MPP HARD 12 17233095 ARMS Prepay 12MPP HARD 12 17233176 ARMS Prepay 12MPP HARD 12 17233177 ARMS Prepay 12MPP HARD 12 17233178 ARMS Prepay 36MPP SOFT 0 17233179 ARMS Prepay 60MPP SOFT 0 17233151 ARMS No_PP 0MPP NO PP 0 17233071 ARMS Prepay 12MPP HARD 12 17233072 ARMS Prepay 12MPP HARD 12 17233073 ARMS Prepay 60MPP SOFT 0 17233154 ARMS No_PP 0MPP NO PP 0 17233074 ARMS Prepay 12MPP HARD 12 17233075 ARMS Prepay 12MPP HARD 12 17233156 ARMS No_PP 0MPP NO PP 0 17233076 ARMS Prepay 36MPP SOFT 0 17233319 ARMS Prepay 36MPP SOFT 0 17233158 ARMS No_PP 0MPP NO PP 0 17233078 ARMS Prepay 12MPP HARD 12 17233159 ARMS Prepay 12MPP HARD 12 17233080 ARMS No_PP 0MPP NO PP 0 17233081 ARMS Prepay 12MPP HARD 12 17233162 ARMS Prepay 60MPP SOFT 0 17233324 ARMS No_PP 0MPP NO PP 0 17233406 ARMS Prepay 12MPP HARD 12 17233083 ARMS No_PP 0MPP NO PP 0 17233407 ARMS No_PP 0MPP NO PP 0 17233164 ARMS Prepay 36MPP SOFT 0 17233069 ARMS No_PP 0MPP NO PP 0 17233150 ARMS No_PP 0MPP NO PP 0 17233067 ARMS Prepay 36MPP SOFT 0 17233149 ARMS No_PP 0MPP NO PP 0 17233066 ARMS Prepay 12MPP HARD 12 17233309 ARMS Prepay 36MPP SOFT 0 17233141 ARMS Prepay 12MPP HARD 12 17233142 ARMS No_PP 0MPP NO PP 0 17233304 ARMS No_PP 0MPP NO PP 0 17233063 ARMS No_PP 0MPP NO PP 0 17233144 ARMS No_PP 0MPP NO PP 0 17233064 ARMS No_PP 0MPP NO PP 0 17233145 ARMS No_PP 0MPP NO PP 0 17233058 ARMS No_PP 0MPP NO PP 0 17233059 ARMS Prepay 12MPP HARD 12 17233300 ARMS No_PP 0MPP NO PP 0 17233301 ARMS Prepay 12MPP HARD 12 17233140 ARMS No_PP 0MPP NO PP 0 17233302 ARMS Prepay 12MPP HARD 12 17233060 ARMS No_PP 0MPP NO PP 0 17233051 ARMS Prepay 12MPP HARD 12 17233132 ARMS No_PP 0MPP NO PP 0 17233052 ARMS No_PP 0MPP NO PP 0 17233133 ARMS No_PP 0MPP NO PP 0 17233054 ARMS Prepay 36MPP SOFT 0 17233135 ARMS No_PP 0MPP NO PP 0 17233136 ARMS No_PP 0MPP NO PP 0 17233056 ARMS Prepay 60MPP SOFT 0 17233137 ARMS No_PP 0MPP NO PP 0 17233047 ARMS No_PP 0MPP NO PP 0 17233128 ARMS Prepay 60MPP SOFT 0 17233129 ARMS No_PP 0MPP NO PP 0 17233049 ARMS No_PP 0MPP NO PP 0 17233130 ARMS No_PP 0MPP NO PP 0 17233050 ARMS No_PP 0MPP NO PP 0 17233285 ARMS Prepay 12MPP HARD 12 17233288 ARMS No_PP 0MPP NO PP 0 17233290 ARMS No_PP 0MPP NO PP 0 17233292 ARMS Prepay 12MPP HARD 12 17233293 ARMS Prepay 36MPP SOFT 0 17233295 ARMS Prepay 60MPP SOFT 0 17233296 ARMS Prepay 12MPP HARD 12 17232973 ARMS No_PP 0MPP NO PP 0 17232974 ARMS No_PP 0MPP NO PP 0 17232977 ARMS No_PP 0MPP NO PP 0 17232979 ARMS Prepay 12MPP HARD 12 17232980 ARMS No_PP 0MPP NO PP 0 17232981 ARMS No_PP 0MPP NO PP 0 17232982 ARMS No_PP 0MPP NO PP 0 17232983 ARMS No_PP 0MPP NO PP 0 17232985 ARMS Prepay 12MPP HARD 12 17232986 ARMS No_PP 0MPP NO PP 0 17232987 ARMS No_PP 0MPP NO PP 0 17232988 ARMS Prepay 12MPP HARD 12 17232989 ARMS No_PP 0MPP NO PP 0 17232990 ARMS No_PP 0MPP NO PP 0 17232991 ARMS No_PP 0MPP NO PP 0 17232992 ARMS No_PP 0MPP NO PP 0 17232994 ARMS No_PP 0MPP NO PP 0 17232996 ARMS No_PP 0MPP NO PP 0 17232997 ARMS Prepay 36MPP HARD 36 17232998 ARMS No_PP 0MPP NO PP 0 17232999 ARMS No_PP 0MPP NO PP 0 17233206 ARMS Prepay 60MPP SOFT 0 17233211 ARMS No_PP 0MPP NO PP 0 17233212 ARMS Prepay 36MPP SOFT 0 17233214 ARMS Prepay 36MPP SOFT 0 17233216 ARMS No_PP 0MPP NO PP 0 17233218 ARMS Prepay 36MPP SOFT 0 17233219 ARMS No_PP 0MPP NO PP 0 17233221 ARMS No_PP 0MPP NO PP 0 17233233 ARMS Prepay 36MPP SOFT 0 17233235 ARMS Prepay 60MPP SOFT 0 17233236 ARMS Prepay 36MPP SOFT 0 17233240 ARMS Prepay 36MPP SOFT 0 17233241 ARMS Prepay 60MPP SOFT 0 17233242 ARMS No_PP 0MPP NO PP 0 17233243 ARMS No_PP 0MPP NO PP 0 17233245 ARMS Prepay 36MPP SOFT 0 17233249 ARMS Prepay 60MPP SOFT 0 17233251 ARMS No_PP 0MPP NO PP 0 17233252 ARMS Prepay 60MPP SOFT 0 17233253 ARMS No_PP 0MPP NO PP 0 17233254 ARMS No_PP 0MPP NO PP 0 17233256 ARMS Prepay 12MPP HARD 12 17233257 ARMS Prepay 60MPP SOFT 0 17233260 ARMS No_PP 0MPP NO PP 0 17233262 ARMS No_PP 0MPP NO PP 0 17233264 ARMS No_PP 0MPP NO PP 0 17233265 ARMS Prepay 60MPP SOFT 0 17233266 ARMS No_PP 0MPP NO PP 0 17233267 ARMS Prepay 36MPP SOFT 0 17233268 ARMS No_PP 0MPP NO PP 0 17233269 ARMS No_PP 0MPP NO PP 0 17233271 ARMS No_PP 0MPP NO PP 0 17233272 ARMS Prepay 36MPP SOFT 0 17233273 ARMS No_PP 0MPP NO PP 0 17233274 ARMS Prepay 36MPP SOFT 0 17233275 ARMS No_PP 0MPP NO PP 0 17233280 ARMS No_PP 0MPP NO PP 0 17233282 ARMS No_PP 0MPP NO PP 0 17247265 ARMS No_PP 0MPP NO PP 0 17244992 ARMS Prepay 12MPP HARD 12 17244993 ARMS No_PP 0MPP NO PP 0 17244994 ARMS No_PP 0MPP NO PP 0 17244995 ARMS No_PP 0MPP NO PP 0 17244996 ARMS No_PP 0MPP NO PP 0 17244997 ARMS Prepay 60MPP SOFT 0 17244998 ARMS No_PP 0MPP NO PP 0 17244999 ARMS No_PP 0MPP NO PP 0 17244990 ARMS No_PP 0MPP NO PP 0 17244991 ARMS No_PP 0MPP NO PP 0 17247375 ARMS Prepay 12MPP HARD 12 17247295 ARMS No_PP 0MPP NO PP 0 17247376 ARMS No_PP 0MPP NO PP 0 17247296 ARMS No_PP 0MPP NO PP 0 17247377 ARMS No_PP 0MPP NO PP 0 17247381 ARMS Prepay 12MPP HARD 12 17247382 ARMS Prepay 12MPP HARD 12 17247374 ARMS No_PP 0MPP NO PP 0 17247370 ARMS No_PP 0MPP NO PP 0 17247290 ARMS No_PP 0MPP NO PP 0 17247367 ARMS No_PP 0MPP NO PP 0 17247286 ARMS No_PP 0MPP NO PP 0 17247283 ARMS No_PP 0MPP NO PP 0 17247261 ARMS Prepay 36MPP SOFT 0 17247343 ARMS No_PP 0MPP NO PP 0 17247344 ARMS Prepay 12MPP HARD 12 17247263 ARMS No_PP 0MPP NO PP 0 17247266 ARMS No_PP 0MPP NO PP 0 17247349 ARMS No_PP 0MPP NO PP 0 17247268 ARMS Prepay 12MPP HARD 12 17247269 ARMS Prepay 12MPP HARD 12 17247350 ARMS No_PP 0MPP NO PP 0 17247271 ARMS Prepay 12MPP HARD 12 17247273 ARMS No_PP 0MPP NO PP 0 17247274 ARMS No_PP 0MPP NO PP 0 17247276 ARMS No_PP 0MPP NO PP 0 17247357 ARMS No_PP 0MPP NO PP 0 17247197 ARMS No_PP 0MPP NO PP 0 17247198 ARMS No_PP 0MPP NO PP 0 17247279 ARMS Prepay 12MPP HARD 12 17247280 ARMS Prepay 12MPP HARD 12 17247282 ARMS Prepay 12MPP HARD 12 17247320 ARMS No_PP 0MPP NO PP 0 17247321 ARMS No_PP 0MPP NO PP 0 17247240 ARMS No_PP 0MPP NO PP 0 17247241 ARMS No_PP 0MPP NO PP 0 17247242 ARMS No_PP 0MPP NO PP 0 17247243 ARMS No_PP 0MPP NO PP 0 17247254 ARMS No_PP 0MPP NO PP 0 17247335 ARMS Prepay 60MPP SOFT 0 17247326 ARMS No_PP 0MPP NO PP 0 17247246 ARMS No_PP 0MPP NO PP 0 17247247 ARMS No_PP 0MPP NO PP 0 17247329 ARMS No_PP 0MPP NO PP 0 17247317 ARMS No_PP 0MPP NO PP 0 17247236 ARMS Prepay 12MPP HARD 12 17247318 ARMS Prepay 60MPP SOFT 0 17247238 ARMS Prepay 12MPP HARD 12 17247311 ARMS No_PP 0MPP NO PP 0 17247230 ARMS No_PP 0MPP NO PP 0 17247231 ARMS No_PP 0MPP NO PP 0 17247234 ARMS No_PP 0MPP NO PP 0 17256615 ARMS No_PP 0MPP NO PP 0 17256616 ARMS No_PP 0MPP NO PP 0 17256617 ARMS No_PP 0MPP NO PP 0 17256609 ARMS Prepay 36MPP SOFT 0 17256618 ARMS No_PP 0MPP NO PP 0 17256619 ARMS Prepay 60MPP SOFT 0 17256610 ARMS No_PP 0MPP NO PP 0 17256611 ARMS No_PP 0MPP NO PP 0 17256613 ARMS Prepay 60MPP SOFT 0 17255906 ARMS Prepay 12MPP HARD 12 17255907 ARMS Prepay 60MPP SOFT 0 17255917 ARMS No_PP 0MPP NO PP 0 17255908 ARMS No_PP 0MPP NO PP 0 17255918 ARMS No_PP 0MPP NO PP 0 17255909 ARMS Prepay 12MPP HARD 12 17255919 ARMS No_PP 0MPP NO PP 0 17255885 ARMS Prepay 36MPP SOFT 0 17255894 ARMS No_PP 0MPP NO PP 0 17255896 ARMS No_PP 0MPP NO PP 0 17255887 ARMS Prepay 12MPP HARD 12 17255888 ARMS No_PP 0MPP NO PP 0 17255898 ARMS No_PP 0MPP NO PP 0 17255899 ARMS No_PP 0MPP NO PP 0 17255914 ARMS No_PP 0MPP NO PP 0 17255915 ARMS Prepay 12MPP HARD 12 17255916 ARMS No_PP 0MPP NO PP 0 17255912 ARMS No_PP 0MPP NO PP 0 17255913 ARMS Prepay 36MPP SOFT 0 17255904 ARMS No_PP 0MPP NO PP 0 17255905 ARMS Prepay 12MPP HARD 12 17255882 ARMS No_PP 0MPP NO PP 0 17255883 ARMS No_PP 0MPP NO PP 0 17255884 ARMS No_PP 0MPP NO PP 0 17255886 ARMS No_PP 0MPP NO PP 0 17255889 ARMS No_PP 0MPP NO PP 0 17255910 ARMS Prepay 12MPP HARD 12 17255911 ARMS No_PP 0MPP NO PP 0 17255897 ARMS No_PP 0MPP NO PP 0 17255900 ARMS Prepay 12MPP HARD 12 17255901 ARMS Prepay 12MPP HARD 12 17255902 ARMS No_PP 0MPP NO PP 0 17255903 ARMS Prepay 12MPP HARD 12 17255880 ARMS No_PP 0MPP NO PP 0 17255881 ARMS No_PP 0MPP NO PP 0 17255895 ARMS No_PP 0MPP NO PP 0 17255891 ARMS No_PP 0MPP NO PP 0 17255893 ARMS No_PP 0MPP NO PP 0 17255890 ARMS No_PP 0MPP NO PP 0 17250575 ARMS Prepay 12MPP HARD 12 17250577 ARMS No_PP 0MPP NO PP 0 17250578 ARMS No_PP 0MPP NO PP 0 17250570 ARMS No_PP 0MPP NO PP 0 17250562 ARMS No_PP 0MPP NO PP 0 17247202 ARMS Prepay 12MPP HARD 12 17247203 ARMS No_PP 0MPP NO PP 0 17247208 ARMS No_PP 0MPP NO PP 0 17247209 ARMS Prepay 12MPP HARD 12 17247210 ARMS No_PP 0MPP NO PP 0 17247211 ARMS No_PP 0MPP NO PP 0 17247212 ARMS No_PP 0MPP NO PP 0 17247214 ARMS No_PP 0MPP NO PP 0 17247216 ARMS No_PP 0MPP NO PP 0 17247300 ARMS No_PP 0MPP NO PP 0 17247302 ARMS No_PP 0MPP NO PP 0 17247221 ARMS No_PP 0MPP NO PP 0 17247222 ARMS No_PP 0MPP NO PP 0 17247303 ARMS Prepay 36MPP SOFT 0 17247304 ARMS No_PP 0MPP NO PP 0 17247223 ARMS No_PP 0MPP NO PP 0 17247224 ARMS No_PP 0MPP NO PP 0 17247306 ARMS No_PP 0MPP NO PP 0 17244962 ARMS No_PP 0MPP NO PP 0 17245030 ARMS No_PP 0MPP NO PP 0 17245031 ARMS No_PP 0MPP NO PP 0 17245032 ARMS No_PP 0MPP NO PP 0 17245033 ARMS No_PP 0MPP NO PP 0 17245034 ARMS No_PP 0MPP NO PP 0 17245035 ARMS No_PP 0MPP NO PP 0 17245036 ARMS Prepay 60MPP SOFT 0 17245037 ARMS Prepay 12MPP HARD 12 17245038 ARMS No_PP 0MPP NO PP 0 17245039 ARMS Prepay 60MPP SOFT 0 17245040 ARMS Prepay 12MPP HARD 12 17245041 ARMS Prepay 12MPP HARD 12 17245042 ARMS Prepay 12MPP HARD 12 17245043 ARMS No_PP 0MPP NO PP 0 17245044 ARMS No_PP 0MPP NO PP 0 17245045 ARMS No_PP 0MPP NO PP 0 17245046 ARMS No_PP 0MPP NO PP 0 17245047 ARMS No_PP 0MPP NO PP 0 17245048 ARMS No_PP 0MPP NO PP 0 17245049 ARMS No_PP 0MPP NO PP 0 17245050 ARMS No_PP 0MPP NO PP 0 17245016 ARMS No_PP 0MPP NO PP 0 17245017 ARMS No_PP 0MPP NO PP 0 17245018 ARMS No_PP 0MPP NO PP 0 17245019 ARMS Prepay 12MPP HARD 12 17245020 ARMS Prepay 12MPP HARD 12 17245021 ARMS No_PP 0MPP NO PP 0 17245022 ARMS No_PP 0MPP NO PP 0 17245023 ARMS No_PP 0MPP NO PP 0 17245025 ARMS No_PP 0MPP NO PP 0 17245026 ARMS Prepay 36MPP SOFT 0 17245027 ARMS No_PP 0MPP NO PP 0 17245028 ARMS No_PP 0MPP NO PP 0 17245029 ARMS Prepay 12MPP HARD 12 17245004 ARMS No_PP 0MPP NO PP 0 17245005 ARMS No_PP 0MPP NO PP 0 17245006 ARMS No_PP 0MPP NO PP 0 17245007 ARMS Prepay 12MPP HARD 12 17245008 ARMS No_PP 0MPP NO PP 0 17245009 ARMS Prepay 12MPP HARD 12 17245010 ARMS No_PP 0MPP NO PP 0 17245011 ARMS Prepay 12MPP HARD 12 17245012 ARMS No_PP 0MPP NO PP 0 17245013 ARMS Prepay 12MPP HARD 12 17245014 ARMS Prepay 12MPP HARD 12 17245015 ARMS No_PP 0MPP NO PP 0 17245000 ARMS Prepay 12MPP HARD 12 17245001 ARMS No_PP 0MPP NO PP 0 17245002 ARMS Prepay 12MPP HARD 12 17245003 ARMS Prepay 12MPP HARD 12 17250580 ARMS Prepay 36MPP SOFT 0 17250571 ARMS Prepay 12MPP HARD 12 17250569 ARMS No_PP 0MPP NO PP 0 17250579 ARMS No_PP 0MPP NO PP 0 17250560 ARMS Prepay 12MPP HARD 12 17250561 ARMS No_PP 0MPP NO PP 0 17250558 ARMS No_PP 0MPP NO PP 0 17250567 ARMS No_PP 0MPP NO PP 0 17250568 ARMS No_PP 0MPP NO PP 0 17250566 ARMS No_PP 0MPP NO PP 0 17250576 ARMS Prepay 12MPP HARD 12 17250572 ARMS Prepay 12MPP HARD 12 17250557 ARMS No_PP 0MPP NO PP 0 17250563 ARMS Prepay 12MPP HARD 12 17250581 ARMS No_PP 0MPP NO PP 0 17250573 ARMS No_PP 0MPP NO PP 0 17250564 ARMS No_PP 0MPP NO PP 0 17250574 ARMS No_PP 0MPP NO PP 0 17250565 ARMS No_PP 0MPP NO PP 0 17244984 ARMS Prepay 12MPP HARD 12 17244985 ARMS No_PP 0MPP NO PP 0 17244986 ARMS No_PP 0MPP NO PP 0 17244987 ARMS No_PP 0MPP NO PP 0 17244988 ARMS No_PP 0MPP NO PP 0 17244989 ARMS Prepay 12MPP HARD 12 17244935 ARMS No_PP 0MPP NO PP 0 17244936 ARMS No_PP 0MPP NO PP 0 17244937 ARMS No_PP 0MPP NO PP 0 17244938 ARMS No_PP 0MPP NO PP 0 17244939 ARMS No_PP 0MPP NO PP 0 17244940 ARMS No_PP 0MPP NO PP 0 17244941 ARMS No_PP 0MPP NO PP 0 17244942 ARMS No_PP 0MPP NO PP 0 17244943 ARMS No_PP 0MPP NO PP 0 17244944 ARMS No_PP 0MPP NO PP 0 17244945 ARMS No_PP 0MPP NO PP 0 17244946 ARMS No_PP 0MPP NO PP 0 17244947 ARMS No_PP 0MPP NO PP 0 17244948 ARMS No_PP 0MPP NO PP 0 17244949 ARMS No_PP 0MPP NO PP 0 17244950 ARMS No_PP 0MPP NO PP 0 17244951 ARMS No_PP 0MPP NO PP 0 17244952 ARMS No_PP 0MPP NO PP 0 17244953 ARMS Prepay 12MPP HARD 12 17244954 ARMS No_PP 0MPP NO PP 0 17244955 ARMS No_PP 0MPP NO PP 0 17244956 ARMS No_PP 0MPP NO PP 0 17244957 ARMS No_PP 0MPP NO PP 0 17244958 ARMS No_PP 0MPP NO PP 0 17244959 ARMS No_PP 0MPP NO PP 0 17244960 ARMS No_PP 0MPP NO PP 0 17244961 ARMS No_PP 0MPP NO PP 0 17244963 ARMS No_PP 0MPP NO PP 0 17244964 ARMS No_PP 0MPP NO PP 0 17244965 ARMS No_PP 0MPP NO PP 0 17244966 ARMS No_PP 0MPP NO PP 0 17244967 ARMS No_PP 0MPP NO PP 0 17244968 ARMS No_PP 0MPP NO PP 0 17244969 ARMS No_PP 0MPP NO PP 0 17244970 ARMS Prepay 12MPP HARD 12 17244971 ARMS No_PP 0MPP NO PP 0 17244972 ARMS Prepay 12MPP HARD 12 17244973 ARMS No_PP 0MPP NO PP 0 17244974 ARMS No_PP 0MPP NO PP 0 17244975 ARMS Prepay 12MPP HARD 12 17244976 ARMS Prepay 12MPP HARD 12 17244977 ARMS Prepay 12MPP HARD 12 17244978 ARMS No_PP 0MPP NO PP 0 17244979 ARMS No_PP 0MPP NO PP 0 17244980 ARMS Prepay 36MPP SOFT 0 17244981 ARMS No_PP 0MPP NO PP 0 17244982 ARMS Prepay 12MPP HARD 12 17244983 ARMS No_PP 0MPP NO PP 0 17256703 ARMS No_PP 0MPP NO PP 0 17256709 ARMS No_PP 0MPP NO PP 0 17233121 ARMS No_PP 0MPP NO PP 0 17233122 ARMS No_PP 0MPP NO PP 0 17233126 ARMS No_PP 0MPP NO PP 0 17233117 ARMS Prepay 36MPP SOFT 0 17233037 ARMS No_PP 0MPP NO PP 0 17233460 ARMS Prepay 36MPP SOFT 0 17233451 ARMS No_PP 0MPP NO PP 0 17233111 ARMS No_PP 0MPP NO PP 0 17233031 ARMS No_PP 0MPP NO PP 0 17233112 ARMS No_PP 0MPP NO PP 0 17247297 ARMS Prepay 36MPP SOFT 0 17247298 ARMS Prepay 36MPP SOFT 0 17247372 ARMS No_PP 0MPP NO PP 0 17247292 ARMS Prepay 60MPP SOFT 0 17233019 ARMS No_PP 0MPP NO PP 0 17233103 ARMS Prepay 12MPP HARD 12 17233104 ARMS No_PP 0MPP NO PP 0 17233026 ARMS No_PP 0MPP NO PP 0 17247366 ARMS No_PP 0MPP NO PP 0 17247285 ARMS No_PP 0MPP NO PP 0 17247368 ARMS Prepay 12MPP HARD 12 17247369 ARMS No_PP 0MPP NO PP 0 17247363 ARMS No_PP 0MPP NO PP 0 17247364 ARMS Prepay 12MPP HARD 12 17247341 ARMS Prepay 60MPP SOFT 0 17247262 ARMS No_PP 0MPP NO PP 0 17247345 ARMS Prepay 60MPP SOFT 0 17247347 ARMS No_PP 0MPP NO PP 0 17247267 ARMS Prepay 36MPP SOFT 0 17247352 ARMS Prepay 12MPP HARD 12 17247354 ARMS Prepay 36MPP SOFT 0 17247275 ARMS Prepay 60MPP SOFT 0 17247359 ARMS Prepay 12MPP HARD 12 17247360 ARMS No_PP 0MPP NO PP 0 17247361 ARMS Prepay 12MPP HARD 12 17247281 ARMS Prepay 12MPP HARD 12 17247323 ARMS No_PP 0MPP NO PP 0 17247325 ARMS Prepay 12MPP HARD 12 17247250 ARMS Prepay 36MPP SOFT 0 17247334 ARMS No_PP 0MPP NO PP 0 17247337 ARMS No_PP 0MPP NO PP 0 17247257 ARMS No_PP 0MPP NO PP 0 17247245 ARMS No_PP 0MPP NO PP 0 17247330 ARMS Prepay 36MPP SOFT 0 17247229 ARMS Prepay 36MPP SOFT 0 17247232 ARMS No_PP 0MPP NO PP 0 17247314 ARMS Prepay 12MPP HARD 12 17247233 ARMS Prepay 12MPP HARD 12 17247315 ARMS No_PP 0MPP NO PP 0 17247215 ARMS Prepay 6MPP HARD 6 17233392 ARMS No_PP 0MPP NO PP 0 17233393 ARMS Prepay 12MPP HARD 12 17233394 ARMS Prepay 12MPP HARD 12 17233395 ARMS Prepay 12MPP HARD 12 17233396 ARMS No_PP 0MPP NO PP 0 17233398 ARMS Prepay 36MPP SOFT 0 17233399 ARMS Prepay 60MPP SOFT 0 17247201 ARMS No_PP 0MPP NO PP 0 17247206 ARMS No_PP 0MPP NO PP 0 17247213 ARMS No_PP 0MPP NO PP 0 17247301 ARMS Prepay 36MPP SOFT 0 17247305 ARMS Prepay 60MPP SOFT 0 17233370 ARMS Prepay 36MPP SOFT 0 17233453 ARMS Prepay 60MPP SOFT 0 17233372 ARMS No_PP 0MPP NO PP 0 17233454 ARMS No_PP 0MPP NO PP 0 17233373 ARMS No_PP 0MPP NO PP 0 17233455 ARMS No_PP 0MPP NO PP 0 17233374 ARMS No_PP 0MPP NO PP 0 17233457 ARMS No_PP 0MPP NO PP 0 17233376 ARMS No_PP 0MPP NO PP 0 17233458 ARMS Prepay 36MPP SOFT 0 17233377 ARMS Prepay 12MPP HARD 12 17233459 ARMS No_PP 0MPP NO PP 0 17233378 ARMS No_PP 0MPP NO PP 0 17233379 ARMS Prepay 36MPP SOFT 0 17233461 ARMS Prepay 36MPP SOFT 0 17233462 ARMS Prepay 60MPP SOFT 0 17233464 ARMS No_PP 0MPP NO PP 0 17233383 ARMS Prepay 12MPP HARD 12 17233384 ARMS Prepay 36MPP SOFT 0 17233466 ARMS No_PP 0MPP NO PP 0 17233385 ARMS Prepay 60MPP SOFT 0 17233387 ARMS No_PP 0MPP NO PP 0 17233388 ARMS No_PP 0MPP NO PP 0 17233389 ARMS No_PP 0MPP NO PP 0 17233470 ARMS No_PP 0MPP NO PP 0 17233390 ARMS Prepay 36MPP SOFT 0 17233352 ARMS Prepay 36MPP SOFT 0 17233434 ARMS Prepay 12MPP HARD 12 17233191 ARMS No_PP 0MPP NO PP 0 17233353 ARMS No_PP 0MPP NO PP 0 17233435 ARMS No_PP 0MPP NO PP 0 17233192 ARMS Prepay 36MPP SOFT 0 17233354 ARMS Prepay 12MPP HARD 12 17233436 ARMS No_PP 0MPP NO PP 0 17233355 ARMS No_PP 0MPP NO PP 0 17233437 ARMS No_PP 0MPP NO PP 0 17233356 ARMS No_PP 0MPP NO PP 0 17233439 ARMS Prepay 36MPP SOFT 0 17233199 ARMS Prepay 12MPP HARD 12 17233440 ARMS No_PP 0MPP NO PP 0 17233441 ARMS No_PP 0MPP NO PP 0 17233443 ARMS No_PP 0MPP NO PP 0 17233362 ARMS Prepay 12MPP HARD 12 17233444 ARMS No_PP 0MPP NO PP 0 17233445 ARMS No_PP 0MPP NO PP 0 17233446 ARMS Prepay 12MPP HARD 12 17233447 ARMS Prepay 12MPP HARD 12 17233448 ARMS No_PP 0MPP NO PP 0 17233449 ARMS Prepay 60MPP SOFT 0 17233421 ARMS Prepay 12MPP HARD 12 17233340 ARMS No_PP 0MPP NO PP 0 17233422 ARMS Prepay 12MPP HARD 12 17233423 ARMS No_PP 0MPP NO PP 0 17233342 ARMS No_PP 0MPP NO PP 0 17233181 ARMS No_PP 0MPP NO PP 0 17233425 ARMS No_PP 0MPP NO PP 0 17233182 ARMS No_PP 0MPP NO PP 0 17233426 ARMS No_PP 0MPP NO PP 0 17233183 ARMS No_PP 0MPP NO PP 0 17233427 ARMS Prepay 12MPP HARD 12 17233346 ARMS Prepay 36MPP SOFT 0 17233428 ARMS Prepay 36MPP SOFT 0 17233347 ARMS Prepay 36MPP SOFT 0 17233429 ARMS No_PP 0MPP NO PP 0 17233186 ARMS No_PP 0MPP NO PP 0 17233348 ARMS Prepay 12MPP HARD 12 17233188 ARMS No_PP 0MPP NO PP 0 17233430 ARMS Prepay 12MPP HARD 12 17233431 ARMS No_PP 0MPP NO PP 0 17233350 ARMS No_PP 0MPP NO PP 0 17233408 ARMS Prepay 12MPP HARD 12 17233165 ARMS No_PP 0MPP NO PP 0 17233085 ARMS No_PP 0MPP NO PP 0 17233328 ARMS Prepay 60MPP SOFT 0 17233329 ARMS No_PP 0MPP NO PP 0 17233168 ARMS No_PP 0MPP NO PP 0 17233410 ARMS No_PP 0MPP NO PP 0 17233411 ARMS No_PP 0MPP NO PP 0 17233412 ARMS Prepay 36MPP SOFT 0 17233331 ARMS Prepay 36MPP SOFT 0 17233332 ARMS Prepay 60MPP SOFT 0 17233414 ARMS No_PP 0MPP NO PP 0 17233090 ARMS Prepay 12MPP HARD 12 17233415 ARMS Prepay 12MPP HARD 12 17233172 ARMS No_PP 0MPP NO PP 0 17233334 ARMS Prepay 12MPP HARD 12 17233416 ARMS No_PP 0MPP NO PP 0 17233417 ARMS Prepay 12MPP HARD 12 17233336 ARMS No_PP 0MPP NO PP 0 17233418 ARMS Prepay 60MPP SOFT 0 17233175 ARMS No_PP 0MPP NO PP 0 17233419 ARMS No_PP 0MPP NO PP 0 17233338 ARMS Prepay 36MPP SOFT 0 17233339 ARMS No_PP 0MPP NO PP 0 17233098 ARMS No_PP 0MPP NO PP 0 17233099 ARMS Prepay 12MPP HARD 12 17233420 ARMS Prepay 60MPP SOFT 0 17233314 ARMS No_PP 0MPP NO PP 0 17233153 ARMS No_PP 0MPP NO PP 0 17233316 ARMS Prepay 12MPP HARD 12 17233155 ARMS No_PP 0MPP NO PP 0 17233317 ARMS Prepay 36MPP SOFT 0 17233318 ARMS No_PP 0MPP NO PP 0 17233157 ARMS No_PP 0MPP NO PP 0 17233077 ARMS Prepay 12MPP HARD 12 17233400 ARMS Prepay 36MPP SOFT 0 17233401 ARMS No_PP 0MPP NO PP 0 17233320 ARMS Prepay 12MPP HARD 12 17233402 ARMS No_PP 0MPP NO PP 0 17233321 ARMS No_PP 0MPP NO PP 0 17233160 ARMS No_PP 0MPP NO PP 0 17233404 ARMS No_PP 0MPP NO PP 0 17233161 ARMS Prepay 12MPP HARD 12 17233323 ARMS No_PP 0MPP NO PP 0 17233082 ARMS No_PP 0MPP NO PP 0 17233326 ARMS Prepay 36MPP SOFT 0 17233310 ARMS No_PP 0MPP NO PP 0 17233311 ARMS Prepay 36MPP SOFT 0 17233312 ARMS No_PP 0MPP NO PP 0 17233070 ARMS No_PP 0MPP NO PP 0 17233313 ARMS Prepay 12MPP HARD 12 17233148 ARMS No_PP 0MPP NO PP 0 17233061 ARMS Prepay 12MPP HARD 12 17233143 ARMS No_PP 0MPP NO PP 0 17233305 ARMS No_PP 0MPP NO PP 0 17233306 ARMS Prepay 60MPP SOFT 0 17233307 ARMS Prepay 12MPP HARD 12 17233138 ARMS No_PP 0MPP NO PP 0 17233303 ARMS No_PP 0MPP NO PP 0 17233053 ARMS No_PP 0MPP NO PP 0 17233134 ARMS No_PP 0MPP NO PP 0 17233055 ARMS Prepay 12MPP HARD 12 17233057 ARMS Prepay 60MPP SOFT 0 17233131 ARMS No_PP 0MPP NO PP 0 17233284 ARMS Prepay 12MPP HARD 12 17233287 ARMS No_PP 0MPP NO PP 0 17233289 ARMS Prepay 12MPP HARD 12 17233291 ARMS No_PP 0MPP NO PP 0 17233294 ARMS Prepay 12MPP HARD 12 17233297 ARMS Prepay 36MPP SOFT 0 17233298 ARMS No_PP 0MPP NO PP 0 17233299 ARMS Prepay 12MPP HARD 12 17232984 ARMS No_PP 0MPP NO PP 0 17233201 ARMS Prepay 36MPP SOFT 0 17233202 ARMS No_PP 0MPP NO PP 0 17233203 ARMS Prepay 60MPP SOFT 0 17233205 ARMS No_PP 0MPP NO PP 0 17233208 ARMS No_PP 0MPP NO PP 0 17233213 ARMS No_PP 0MPP NO PP 0 17233215 ARMS No_PP 0MPP NO PP 0 17233217 ARMS No_PP 0MPP NO PP 0 17233220 ARMS No_PP 0MPP NO PP 0 17233223 ARMS No_PP 0MPP NO PP 0 17233224 ARMS Prepay 12MPP HARD 12 17233225 ARMS Prepay 12MPP HARD 12 17233228 ARMS No_PP 0MPP NO PP 0 17233230 ARMS No_PP 0MPP NO PP 0 17233231 ARMS No_PP 0MPP NO PP 0 17233232 ARMS No_PP 0MPP NO PP 0 17233234 ARMS No_PP 0MPP NO PP 0 17233237 ARMS Prepay 36MPP SOFT 0 17233244 ARMS Prepay 60MPP SOFT 0 17233246 ARMS No_PP 0MPP NO PP 0 17233247 ARMS No_PP 0MPP NO PP 0 17233248 ARMS Prepay 36MPP SOFT 0 17233258 ARMS Prepay 36MPP SOFT 0 17233259 ARMS Prepay 60MPP SOFT 0 17233261 ARMS No_PP 0MPP NO PP 0 17233263 ARMS Prepay 12MPP HARD 12 17233278 ARMS No_PP 0MPP NO PP 0 17233281 ARMS Prepay 36MPP SOFT 0 17233035 ARMS Prepay 60MPP SOFT 0 17247378 ARMS Prepay 12MPP HARD 12 17247379 ARMS Prepay 60MPP SOFT 0 17247299 ARMS No_PP 0MPP NO PP 0 17233027 ARMS No_PP 0MPP NO PP 0 17247339 ARMS Prepay 12MPP HARD 12 17247260 ARMS No_PP 0MPP NO PP 0 17247264 ARMS No_PP 0MPP NO PP 0 17247358 ARMS Prepay 12MPP HARD 12 17247244 ARMS No_PP 0MPP NO PP 0 17247332 ARMS No_PP 0MPP NO PP 0 17247336 ARMS Prepay 60MPP SOFT 0 17247338 ARMS Prepay 12MPP HARD 12 17247249 ARMS No_PP 0MPP NO PP 0 17247319 ARMS Prepay 36MPP SOFT 0 17247239 ARMS No_PP 0MPP NO PP 0 17247313 ARMS Prepay 36MPP SOFT 0 17247307 ARMS Prepay 12MPP HARD 12 17247308 ARMS No_PP 0MPP NO PP 0 17233473 ARMS No_PP 0MPP NO PP 0 17233474 ARMS No_PP 0MPP NO PP 0 17247200 ARMS No_PP 0MPP NO PP 0 17247205 ARMS No_PP 0MPP NO PP 0 17247207 ARMS No_PP 0MPP NO PP 0 17247220 ARMS No_PP 0MPP NO PP 0 17233450 ARMS No_PP 0MPP NO PP 0 17233371 ARMS Prepay 60MPP SOFT 0 17233375 ARMS Prepay 36MPP SOFT 0 17233380 ARMS No_PP 0MPP NO PP 0 17233463 ARMS Prepay 36MPP SOFT 0 17233382 ARMS Prepay 36MPP SOFT 0 17233386 ARMS Prepay 60MPP SOFT 0 17233468 ARMS Prepay 36MPP SOFT 0 17233469 ARMS No_PP 0MPP NO PP 0 17233471 ARMS No_PP 0MPP NO PP 0 17233472 ARMS No_PP 0MPP NO PP 0 17233194 ARMS Prepay 12MPP HARD 12 17233357 ARMS No_PP 0MPP NO PP 0 17233358 ARMS No_PP 0MPP NO PP 0 17233363 ARMS Prepay 60MPP SOFT 0 17233365 ARMS Prepay 60MPP SOFT 0 17233368 ARMS No_PP 0MPP NO PP 0 17233369 ARMS No_PP 0MPP NO PP 0 17233341 ARMS Prepay 36MPP SOFT 0 17233187 ARMS No_PP 0MPP NO PP 0 17233351 ARMS Prepay 60MPP SOFT 0 17233330 ARMS No_PP 0MPP NO PP 0 17233152 ARMS No_PP 0MPP NO PP 0 17233315 ARMS No_PP 0MPP NO PP 0 17233079 ARMS Prepay 36MPP SOFT 0 17233403 ARMS No_PP 0MPP NO PP 0 17233322 ARMS No_PP 0MPP NO PP 0 17233405 ARMS No_PP 0MPP NO PP 0 17233163 ARMS Prepay 36MPP SOFT 0 17233325 ARMS Prepay 36MPP SOFT 0 17233068 ARMS No_PP 0MPP NO PP 0 17233308 ARMS No_PP 0MPP NO PP 0 17233065 ARMS No_PP 0MPP NO PP 0 17233146 ARMS No_PP 0MPP NO PP 0 17233139 ARMS No_PP 0MPP NO PP 0 17233048 ARMS No_PP 0MPP NO PP 0 17233283 ARMS No_PP 0MPP NO PP 0 17233286 ARMS Prepay 36MPP SOFT 0 17232995 ARMS No_PP 0MPP NO PP 0 17233200 ARMS No_PP 0MPP NO PP 0 17233207 ARMS No_PP 0MPP NO PP 0 17233210 ARMS Prepay 12MPP HARD 12 17233222 ARMS Prepay 12MPP HARD 12 17233227 ARMS Prepay 36MPP SOFT 0 17233229 ARMS Prepay 12MPP HARD 12 17233238 ARMS Prepay 12MPP HARD 12 17233239 ARMS No_PP 0MPP NO PP 0 17233250 ARMS Prepay 60MPP SOFT 0 17233255 ARMS Prepay 12MPP HARD 12 17233270 ARMS Prepay 12MPP HARD 12 17233276 ARMS Prepay 60MPP SOFT 0 17233279 ARMS Prepay 12MPP HARD 12 17151971 ARMS No_PP 0MPP NO PP 0 17151933 ARMS No_PP 0MPP NO PP 0 17151935 ARMS Prepay 36MPP HARD 36 17151950 ARMS No_PP 0MPP NO PP 0 17151953 ARMS No_PP 0MPP NO PP 0 17151974 ARMS No_PP 0MPP NO PP 0 17151981 ARMS No_PP 0MPP NO PP 0 17151983 ARMS No_PP 0MPP NO PP 0 17151992 ARMS Prepay 36MPP HARD 36 17152002 ARMS No_PP 0MPP NO PP 0 17152005 ARMS No_PP 0MPP NO PP 0 17151917 ARMS No_PP 0MPP NO PP 0 17151913 ARMS No_PP 0MPP NO PP 0 17151976 ARMS Prepay 12MPP HARD 12 17151998 ARMS No_PP 0MPP NO PP 0 17152007 ARMS Prepay 12MPP HARD 12 LOAN_SEQ LIEN BALLOON IO_FLAG IO_ AMORT_ PERIOD TERM1 -------------------------------------------------------------------------------------------------------- 17151996 First Lien No Yes 120 360 17151960 First Lien No Yes 120 360 17151912 First Lien No Yes 120 360 17151914 First Lien No No 0 360 17151922 First Lien No Yes 120 360 17151924 First Lien No Yes 120 360 17151926 First Lien No Yes 120 360 17151927 First Lien No Yes 120 360 17151929 First Lien No Yes 120 360 17151931 First Lien No Yes 120 360 17151946 First Lien No Yes 120 360 17151925 First Lien No Yes 120 360 17151928 First Lien No Yes 120 360 17151930 First Lien No Yes 120 360 17151932 First Lien No Yes 120 360 17151934 First Lien No No 0 360 17151937 First Lien No Yes 120 360 17151938 First Lien No Yes 120 360 17151939 First Lien No Yes 120 360 17151940 First Lien No No 0 360 17151941 First Lien No Yes 120 360 17151942 First Lien No No 0 360 17151943 First Lien No Yes 120 360 17151944 First Lien No Yes 120 360 17151945 First Lien No Yes 120 360 17151947 First Lien No Yes 120 360 17151948 First Lien No Yes 120 360 17151949 First Lien No Yes 120 360 17151951 First Lien No Yes 120 360 17151954 First Lien No No 0 360 17151955 First Lien No Yes 120 360 17151956 First Lien No Yes 120 360 17151958 First Lien No Yes 120 360 17151961 First Lien No Yes 120 360 17151962 First Lien No Yes 120 360 17151963 First Lien No Yes 120 360 17151964 First Lien No Yes 120 360 17151965 First Lien No No 0 360 17151967 First Lien No Yes 120 360 17151969 First Lien No Yes 120 360 17151970 First Lien No Yes 120 360 17151972 First Lien No Yes 120 360 17151973 First Lien No Yes 120 360 17151975 First Lien No Yes 120 360 17151977 First Lien No Yes 120 360 17151978 First Lien No Yes 120 360 17152017 First Lien No Yes 120 360 17152018 First Lien No Yes 120 360 17152019 First Lien No Yes 120 360 17152020 First Lien No Yes 120 360 17152021 First Lien No Yes 120 360 17152022 First Lien No Yes 120 360 17152023 First Lien No Yes 120 360 17152024 First Lien No Yes 120 360 17152025 First Lien No Yes 120 360 17152026 First Lien No Yes 120 360 17152027 First Lien No Yes 120 360 17152028 First Lien No Yes 120 360 17152029 First Lien No No 0 360 17151979 First Lien No Yes 120 360 17151980 First Lien No Yes 120 360 17151982 First Lien No Yes 120 360 17151986 First Lien No Yes 120 360 17151987 First Lien No Yes 120 360 17151988 First Lien No Yes 120 360 17151989 First Lien No Yes 120 360 17151990 First Lien No Yes 120 360 17151991 First Lien No Yes 120 360 17151994 First Lien No Yes 120 360 17152000 First Lien No Yes 120 360 17152001 First Lien No Yes 120 360 17152003 First Lien No Yes 120 360 17152004 First Lien No Yes 120 360 17152006 First Lien No Yes 120 360 17152008 First Lien No No 0 360 17152009 First Lien No Yes 120 360 17152010 First Lien No Yes 120 360 17152011 First Lien No Yes 120 360 17152012 First Lien No Yes 120 360 17152013 First Lien No No 0 360 17152015 First Lien No Yes 120 360 17151898 First Lien No Yes 120 360 17151899 First Lien No Yes 120 360 17151902 First Lien No Yes 120 360 17151903 First Lien No Yes 120 360 17151904 First Lien No No 0 360 17151905 First Lien No Yes 120 360 17151906 First Lien No Yes 120 360 17151908 First Lien No Yes 120 360 17151909 First Lien No No 0 360 17151910 First Lien No No 0 360 17151916 First Lien No Yes 120 360 17151921 First Lien No Yes 120 360 17151923 First Lien No No 0 360 17151911 First Lien No Yes 120 360 17151957 First Lien No No 0 360 17151995 First Lien No Yes 120 360 17153681 First Lien No Yes 60 360 17153682 First Lien No Yes 60 360 17153683 First Lien No Yes 120 360 17153684 First Lien No Yes 60 360 17153685 First Lien No No 0 360 17153686 First Lien No Yes 60 360 17153688 First Lien No Yes 120 360 17153689 First Lien No Yes 60 360 17153690 First Lien No Yes 120 360 17153691 First Lien No Yes 120 360 17153692 First Lien No No 0 360 17153693 First Lien No Yes 60 360 17153694 First Lien No Yes 120 360 17153695 First Lien No No 0 360 17153696 First Lien No Yes 60 360 17153697 First Lien No Yes 60 360 17153698 First Lien No Yes 120 360 17153699 First Lien No No 0 360 17153700 First Lien No Yes 60 360 17153701 First Lien No Yes 120 360 17153702 First Lien No Yes 60 360 17153703 First Lien No Yes 60 360 17153704 First Lien No Yes 60 360 17153705 First Lien No Yes 60 360 17153706 First Lien No Yes 60 360 17153707 First Lien No Yes 120 360 17153708 First Lien No Yes 60 360 17153709 First Lien No Yes 60 360 17153710 First Lien No Yes 120 360 17153711 First Lien No Yes 60 360 17153712 First Lien No Yes 120 360 17153713 First Lien No Yes 60 360 17153714 First Lien No Yes 120 360 17153715 First Lien No Yes 120 360 17153716 First Lien No Yes 120 360 17153717 First Lien No Yes 120 360 17153718 First Lien No Yes 60 360 17153719 First Lien No Yes 60 360 17153720 First Lien No Yes 120 360 17153721 First Lien No Yes 60 360 17153722 First Lien No Yes 60 360 17153723 First Lien No Yes 60 360 17153726 First Lien No No 0 360 17153727 First Lien No Yes 60 360 17153728 First Lien No No 0 360 17153729 First Lien No Yes 60 360 17153537 First Lien No Yes 60 360 17153539 First Lien No Yes 60 360 17153540 First Lien No Yes 120 360 17153541 First Lien No Yes 60 360 17153542 First Lien No Yes 60 360 17153543 First Lien No Yes 60 360 17153544 First Lien No Yes 60 360 17153545 First Lien No No 0 360 17153546 First Lien No Yes 60 360 17153547 First Lien No Yes 60 360 17153548 First Lien No Yes 120 360 17153549 First Lien No Yes 120 360 17153550 First Lien No Yes 120 360 17153551 First Lien No Yes 60 360 17153552 First Lien No Yes 60 360 17153553 First Lien No Yes 120 360 17153554 First Lien No Yes 60 360 17153556 First Lien No Yes 120 360 17153557 First Lien No Yes 60 360 17153558 First Lien No Yes 60 360 17153559 First Lien No Yes 60 360 17153560 First Lien No Yes 60 360 17153561 First Lien No Yes 60 360 17153562 First Lien No Yes 60 360 17153563 First Lien No Yes 60 360 17153564 First Lien No Yes 60 360 17153565 First Lien No Yes 60 360 17153566 First Lien No Yes 60 360 17153567 First Lien No Yes 60 360 17153568 First Lien No Yes 60 360 17153569 First Lien No Yes 60 360 17153570 First Lien No Yes 120 360 17153571 First Lien No Yes 60 360 17153572 First Lien No Yes 60 360 17153573 First Lien No Yes 60 360 17153575 First Lien No Yes 60 360 17153576 First Lien No Yes 120 360 17153577 First Lien No Yes 120 360 17153578 First Lien No Yes 120 360 17153579 First Lien No No 0 360 17153580 First Lien No Yes 60 360 17153581 First Lien No Yes 60 360 17153582 First Lien No Yes 60 360 17153583 First Lien No Yes 60 360 17153584 First Lien No Yes 60 360 17153585 First Lien No Yes 60 360 17153586 First Lien No Yes 120 360 17153587 First Lien No Yes 60 360 17153588 First Lien No Yes 120 360 17153589 First Lien No Yes 120 360 17153591 First Lien No Yes 60 360 17153592 First Lien No No 0 360 17153593 First Lien No Yes 60 360 17153596 First Lien No Yes 120 360 17153597 First Lien No Yes 60 360 17153598 First Lien No Yes 120 360 17153599 First Lien No Yes 60 360 17153600 First Lien No Yes 60 360 17153601 First Lien No Yes 60 360 17153602 First Lien No Yes 60 360 17153603 First Lien No Yes 60 360 17153604 First Lien No Yes 60 360 17153605 First Lien No Yes 60 360 17153606 First Lien No Yes 60 360 17153608 First Lien No Yes 120 360 17153609 First Lien No Yes 60 360 17153610 First Lien No Yes 60 360 17153611 First Lien No Yes 60 360 17153612 First Lien No Yes 60 360 17153613 First Lien No Yes 60 360 17153614 First Lien No Yes 60 360 17153615 First Lien No Yes 60 360 17153616 First Lien No Yes 60 360 17153617 First Lien No Yes 120 360 17153618 First Lien No Yes 60 360 17153619 First Lien No Yes 60 360 17153620 First Lien No Yes 60 360 17153622 First Lien No No 0 360 17153623 First Lien No Yes 120 360 17153624 First Lien No No 0 360 17153625 First Lien No Yes 60 360 17153626 First Lien No No 0 360 17153627 First Lien No Yes 60 360 17153629 First Lien No Yes 120 360 17153631 First Lien No Yes 60 360 17153632 First Lien No Yes 60 360 17153633 First Lien No Yes 60 360 17153636 First Lien No Yes 120 360 17153637 First Lien No Yes 120 360 17153638 First Lien No Yes 60 360 17153639 First Lien No Yes 120 360 17153640 First Lien No Yes 60 360 17153641 First Lien No Yes 60 360 17153643 First Lien No Yes 60 360 17153644 First Lien No Yes 120 360 17153645 First Lien No No 0 360 17153646 First Lien No Yes 120 360 17153647 First Lien No Yes 120 360 17153648 First Lien No Yes 60 360 17153649 First Lien No Yes 60 360 17153650 First Lien No Yes 120 360 17153651 First Lien No No 0 360 17153652 First Lien No Yes 120 360 17153653 First Lien No No 0 360 17153654 First Lien No Yes 60 360 17153655 First Lien No Yes 120 360 17153656 First Lien No No 0 360 17153657 First Lien No Yes 60 360 17153658 First Lien No Yes 60 360 17153659 First Lien No Yes 120 360 17153660 First Lien No Yes 120 360 17153661 First Lien No Yes 60 360 17153662 First Lien No Yes 60 360 17153663 First Lien No Yes 60 360 17153664 First Lien No Yes 60 360 17153665 First Lien No Yes 60 360 17153666 First Lien No Yes 60 360 17153667 First Lien No Yes 60 360 17153668 First Lien No Yes 60 360 17153669 First Lien No Yes 60 360 17153670 First Lien No Yes 120 360 17153672 First Lien No Yes 60 360 17153674 First Lien No Yes 120 360 17153675 First Lien No Yes 120 360 17153676 First Lien No Yes 60 360 17153677 First Lien No No 0 360 17153679 First Lien No Yes 120 360 17153680 First Lien No Yes 60 360 17153494 First Lien No Yes 60 360 17153495 First Lien No Yes 60 360 17153497 First Lien No No 0 360 17153498 First Lien No Yes 120 360 17153499 First Lien No No 0 360 17153500 First Lien No Yes 60 360 17153501 First Lien No Yes 60 360 17153502 First Lien No Yes 60 360 17153503 First Lien No Yes 60 360 17153504 First Lien No Yes 60 360 17153505 First Lien No Yes 60 360 17153506 First Lien No Yes 60 360 17153507 First Lien No Yes 60 360 17153508 First Lien No Yes 60 360 17153509 First Lien No Yes 120 360 17153510 First Lien No Yes 60 360 17153512 First Lien No Yes 60 360 17153513 First Lien No Yes 60 360 17153514 First Lien No Yes 60 360 17153515 First Lien No Yes 60 360 17153516 First Lien No Yes 60 360 17153517 First Lien No Yes 120 360 17153518 First Lien No Yes 60 360 17153519 First Lien No Yes 60 360 17153520 First Lien No Yes 60 360 17153521 First Lien No Yes 120 360 17153522 First Lien No Yes 60 360 17153523 First Lien No Yes 60 360 17153524 First Lien No No 0 360 17153526 First Lien No Yes 120 360 17153527 First Lien No Yes 120 360 17153528 First Lien No Yes 120 360 17153529 First Lien No Yes 120 360 17153530 First Lien No Yes 60 360 17153531 First Lien No Yes 120 360 17153532 First Lien No Yes 60 360 17153534 First Lien No Yes 60 360 17153535 First Lien No Yes 60 360 17153536 First Lien No Yes 120 360 17153415 First Lien No Yes 120 360 17153416 First Lien No Yes 120 360 17153417 First Lien No Yes 120 360 17153418 First Lien No Yes 120 360 17153419 First Lien No Yes 120 360 17153421 First Lien No Yes 60 360 17153422 First Lien No No 0 360 17153424 First Lien No Yes 120 360 17153426 First Lien No No 0 360 17153427 First Lien No Yes 60 360 17153428 First Lien No No 0 360 17153429 First Lien No Yes 60 360 17153430 First Lien No Yes 120 360 17153431 First Lien No Yes 60 360 17153432 First Lien No No 0 360 17153433 First Lien No No 0 360 17153435 First Lien No Yes 60 360 17153436 First Lien No No 0 360 17153437 First Lien No Yes 120 360 17153438 First Lien No Yes 60 360 17153439 First Lien No Yes 120 360 17153440 First Lien No Yes 120 360 17153441 First Lien No Yes 120 360 17153442 First Lien No Yes 120 360 17153443 First Lien No Yes 120 360 17153444 First Lien No Yes 120 360 17153445 First Lien No No 0 360 17153446 First Lien No Yes 60 360 17153447 First Lien No Yes 120 360 17153448 First Lien No Yes 120 360 17153449 First Lien No Yes 120 360 17153450 First Lien No Yes 120 360 17153451 First Lien No No 0 360 17153452 First Lien No Yes 120 360 17153453 First Lien No Yes 120 360 17153454 First Lien No No 0 360 17153455 First Lien No Yes 60 360 17153456 First Lien No Yes 60 360 17153457 First Lien No Yes 60 360 17153458 First Lien No Yes 60 360 17153459 First Lien No Yes 60 360 17153460 First Lien No No 0 360 17153462 First Lien No Yes 60 360 17153463 First Lien No Yes 60 360 17153464 First Lien No Yes 60 360 17153465 First Lien No No 0 360 17153466 First Lien No Yes 60 360 17153467 First Lien No Yes 60 360 17153468 First Lien No Yes 60 360 17153471 First Lien No Yes 60 360 17153472 First Lien No Yes 120 360 17153473 First Lien No Yes 60 360 17153474 First Lien No Yes 60 360 17153475 First Lien No Yes 120 360 17153476 First Lien No Yes 60 360 17153477 First Lien No Yes 120 360 17153478 First Lien No No 0 360 17153479 First Lien No No 0 360 17153480 First Lien No Yes 60 360 17153482 First Lien No No 0 360 17153483 First Lien No Yes 60 360 17153484 First Lien No Yes 120 360 17153485 First Lien No Yes 120 360 17153486 First Lien No Yes 60 360 17153487 First Lien No Yes 60 360 17153488 First Lien No Yes 120 360 17153489 First Lien No Yes 60 360 17153490 First Lien No No 0 360 17153492 First Lien No Yes 120 360 17153493 First Lien No Yes 60 360 17153084 First Lien No Yes 60 360 17153085 First Lien No Yes 60 360 17153086 First Lien No Yes 60 360 17153088 First Lien No No 0 360 17153089 First Lien No Yes 60 360 17153090 First Lien No Yes 60 360 17153091 First Lien No Yes 60 360 17153092 First Lien No Yes 120 360 17153093 First Lien No Yes 60 360 17153101 First Lien No Yes 120 360 17153102 First Lien No No 0 360 17153103 First Lien No Yes 120 360 17153105 First Lien No Yes 60 360 17153106 First Lien No No 0 360 17153107 First Lien No Yes 60 360 17153108 First Lien No Yes 60 360 17153109 First Lien No Yes 120 360 17153110 First Lien No Yes 60 360 17153112 First Lien No Yes 60 360 17153113 First Lien No Yes 60 360 17153114 First Lien No No 0 360 17153115 First Lien No Yes 60 360 17153116 First Lien No Yes 120 360 17153117 First Lien No No 0 360 17153118 First Lien No Yes 60 360 17153119 First Lien No Yes 60 360 17153120 First Lien No No 0 360 17153121 First Lien No Yes 60 360 17153122 First Lien No No 0 360 17153123 First Lien No Yes 120 360 17153126 First Lien No Yes 60 360 17153127 First Lien No Yes 60 360 17153128 First Lien No Yes 120 360 17153129 First Lien No Yes 60 360 17153130 First Lien No Yes 120 360 17153131 First Lien No Yes 120 360 17153132 First Lien No Yes 120 360 17153134 First Lien No Yes 120 360 17153135 First Lien No Yes 60 360 17153136 First Lien No Yes 120 360 17153137 First Lien No Yes 120 360 17153138 First Lien No Yes 120 360 17153139 First Lien No Yes 120 360 17153140 First Lien No Yes 60 360 17153141 First Lien No Yes 60 360 17153142 First Lien No No 0 360 17153143 First Lien No Yes 60 360 17153145 First Lien No No 0 360 17153146 First Lien No Yes 120 360 17153147 First Lien No Yes 120 360 17153148 First Lien No Yes 120 360 17153149 First Lien No Yes 60 360 17153150 First Lien No Yes 60 360 17153151 First Lien No Yes 60 360 17153152 First Lien No Yes 120 360 17153153 First Lien No Yes 60 360 17153154 First Lien No Yes 60 360 17153156 First Lien No Yes 60 360 17153157 First Lien No Yes 60 360 17153158 First Lien No Yes 60 360 17153159 First Lien No Yes 60 360 17153160 First Lien No No 0 360 17153161 First Lien No Yes 60 360 17153162 First Lien No Yes 120 360 17153164 First Lien No Yes 120 360 17153165 First Lien No Yes 60 360 17153166 First Lien No Yes 60 360 17153167 First Lien No Yes 120 360 17153168 First Lien No Yes 60 360 17153170 First Lien No Yes 120 360 17153171 First Lien No Yes 60 360 17153172 First Lien No Yes 120 360 17153173 First Lien No No 0 360 17153174 First Lien No Yes 60 360 17153175 First Lien No Yes 60 360 17153176 First Lien No No 0 360 17153177 First Lien No Yes 120 360 17153179 First Lien No Yes 120 360 17153180 First Lien No Yes 120 360 17153181 First Lien No Yes 60 360 17153182 First Lien No Yes 60 360 17153183 First Lien No Yes 60 360 17153184 First Lien No Yes 120 360 17153186 First Lien No Yes 60 360 17153187 First Lien No Yes 60 360 17153188 First Lien No Yes 60 360 17153189 First Lien No Yes 60 360 17153190 First Lien No Yes 60 360 17153191 First Lien No Yes 60 360 17153192 First Lien No Yes 120 360 17153193 First Lien No Yes 60 360 17153194 First Lien No Yes 60 360 17153195 First Lien No Yes 60 360 17153196 First Lien No Yes 120 360 17153199 First Lien No Yes 60 360 17153200 First Lien No Yes 60 360 17153201 First Lien No No 0 360 17153202 First Lien No Yes 60 360 17153322 First Lien No Yes 120 360 17153323 First Lien No Yes 120 360 17153324 First Lien No Yes 120 360 17153326 First Lien No Yes 60 360 17153327 First Lien No Yes 120 360 17153328 First Lien No Yes 60 360 17153329 First Lien No Yes 120 360 17153330 First Lien No Yes 60 360 17153332 First Lien No No 0 360 17153333 First Lien No Yes 120 360 17153334 First Lien No No 0 360 17153335 First Lien No Yes 60 360 17153336 First Lien No Yes 60 360 17153337 First Lien No Yes 60 360 17153338 First Lien No Yes 120 360 17153339 First Lien No Yes 60 360 17153340 First Lien No Yes 60 360 17153341 First Lien No No 0 360 17153342 First Lien No Yes 120 360 17153343 First Lien No Yes 60 360 17153345 First Lien No Yes 60 360 17153346 First Lien No Yes 60 360 17153347 First Lien No Yes 60 360 17153348 First Lien No Yes 60 360 17153349 First Lien No Yes 120 360 17153350 First Lien No Yes 60 360 17153351 First Lien No Yes 120 360 17153352 First Lien No Yes 60 360 17153353 First Lien No Yes 60 360 17153354 First Lien No Yes 60 360 17153355 First Lien No Yes 60 360 17153356 First Lien No Yes 60 360 17153357 First Lien No Yes 120 360 17153358 First Lien No Yes 120 360 17153359 First Lien No Yes 60 360 17153360 First Lien No Yes 60 360 17153361 First Lien No Yes 120 360 17153362 First Lien No Yes 60 360 17153363 First Lien No Yes 120 360 17153364 First Lien No Yes 60 360 17153365 First Lien No Yes 120 360 17153366 First Lien No Yes 60 360 17153367 First Lien No No 0 360 17153369 First Lien No Yes 60 360 17153370 First Lien No Yes 120 360 17153371 First Lien No No 0 360 17153372 First Lien No Yes 60 360 17153373 First Lien No Yes 120 360 17153374 First Lien No Yes 60 360 17153375 First Lien No Yes 60 360 17153376 First Lien No Yes 60 360 17153377 First Lien No Yes 60 360 17153378 First Lien No Yes 60 360 17153379 First Lien No Yes 120 360 17153380 First Lien No Yes 120 360 17153381 First Lien No Yes 60 360 17153382 First Lien No Yes 120 360 17153383 First Lien No Yes 120 360 17153384 First Lien No Yes 60 360 17153385 First Lien No Yes 60 360 17153386 First Lien No Yes 120 360 17153387 First Lien No Yes 120 360 17153388 First Lien No No 0 360 17153389 First Lien No Yes 60 360 17153390 First Lien No Yes 60 360 17153391 First Lien No Yes 60 360 17153392 First Lien No Yes 60 360 17153393 First Lien No Yes 120 360 17153394 First Lien No Yes 60 360 17153395 First Lien No Yes 120 360 17153396 First Lien No Yes 60 360 17153397 First Lien No Yes 60 360 17153398 First Lien No Yes 120 360 17153399 First Lien No Yes 120 360 17153400 First Lien No Yes 120 360 17153401 First Lien No Yes 60 360 17153402 First Lien No Yes 120 360 17153403 First Lien No No 0 360 17153405 First Lien No Yes 60 360 17153406 First Lien No Yes 120 360 17153407 First Lien No Yes 120 360 17153408 First Lien No Yes 120 360 17153409 First Lien No Yes 60 360 17153410 First Lien No Yes 120 360 17153411 First Lien No Yes 60 360 17153412 First Lien No Yes 60 360 17153414 First Lien No No 0 360 17153210 First Lien No Yes 120 360 17153211 First Lien No Yes 60 360 17153212 First Lien No Yes 60 360 17153214 First Lien No Yes 120 360 17153215 First Lien No Yes 60 360 17153216 First Lien No Yes 60 360 17153217 First Lien No Yes 120 360 17153218 First Lien No Yes 120 360 17153219 First Lien No Yes 120 360 17153220 First Lien No Yes 120 360 17153221 First Lien No Yes 60 360 17153222 First Lien No Yes 120 360 17153223 First Lien No Yes 60 360 17153224 First Lien No Yes 60 360 17153225 First Lien No Yes 120 360 17153226 First Lien No No 0 360 17153227 First Lien No Yes 60 360 17153228 First Lien No Yes 120 360 17153229 First Lien No Yes 60 360 17153230 First Lien No Yes 60 360 17153231 First Lien No Yes 120 360 17153232 First Lien No Yes 60 360 17153233 First Lien No Yes 60 360 17153234 First Lien No Yes 120 360 17153235 First Lien No Yes 60 360 17153236 First Lien No Yes 60 360 17153237 First Lien No Yes 120 360 17153239 First Lien No Yes 60 360 17153240 First Lien No Yes 120 360 17153244 First Lien No Yes 60 360 17153245 First Lien No Yes 60 360 17153247 First Lien No Yes 60 360 17153249 First Lien No No 0 360 17153250 First Lien No Yes 60 360 17153251 First Lien No Yes 120 360 17153252 First Lien No Yes 60 360 17153253 First Lien No Yes 60 360 17153254 First Lien No Yes 60 360 17153255 First Lien No Yes 60 360 17153256 First Lien No No 0 360 17153257 First Lien No Yes 120 360 17153258 First Lien No Yes 120 360 17153259 First Lien No Yes 60 360 17153260 First Lien No No 0 360 17153261 First Lien No Yes 60 360 17153262 First Lien No Yes 60 360 17153263 First Lien No Yes 120 360 17153264 First Lien No Yes 60 360 17153267 First Lien No Yes 60 360 17153268 First Lien No Yes 120 360 17153269 First Lien No Yes 120 360 17153270 First Lien No Yes 120 360 17153272 First Lien No Yes 120 360 17153274 First Lien No Yes 60 360 17153275 First Lien No Yes 120 360 17153276 First Lien No Yes 120 360 17153277 First Lien No Yes 120 360 17153278 First Lien No No 0 360 17153279 First Lien No No 0 360 17153280 First Lien No No 0 360 17153281 First Lien No Yes 60 360 17153282 First Lien No Yes 120 360 17153283 First Lien No No 0 360 17153284 First Lien No No 0 360 17153285 First Lien No Yes 60 360 17153286 First Lien No Yes 120 360 17153287 First Lien No Yes 120 360 17153288 First Lien No Yes 120 360 17153289 First Lien No Yes 60 360 17153291 First Lien No Yes 120 360 17153292 First Lien No Yes 120 360 17153293 First Lien No Yes 120 360 17153294 First Lien No Yes 60 360 17153295 First Lien No Yes 120 360 17153296 First Lien No Yes 120 360 17153297 First Lien No Yes 120 360 17153298 First Lien No Yes 120 360 17153299 First Lien No Yes 60 360 17153300 First Lien No Yes 60 360 17153301 First Lien No Yes 120 360 17153302 First Lien No Yes 60 360 17153303 First Lien No No 0 360 17153304 First Lien No Yes 60 360 17153305 First Lien No Yes 60 360 17153306 First Lien No No 0 360 17153307 First Lien No Yes 120 360 17153308 First Lien No Yes 60 360 17153310 First Lien No Yes 120 360 17153311 First Lien No No 0 360 17153312 First Lien No Yes 60 360 17153313 First Lien No Yes 60 360 17153314 First Lien No Yes 120 360 17153316 First Lien No No 0 360 17153317 First Lien No Yes 60 360 17153318 First Lien No Yes 120 360 17153319 First Lien No Yes 60 360 17153320 First Lien No Yes 120 360 17153321 First Lien No Yes 120 360 17153203 First Lien No Yes 120 360 17153204 First Lien No Yes 120 360 17153205 First Lien No Yes 120 360 17153206 First Lien No Yes 60 360 17153207 First Lien No Yes 120 360 17153208 First Lien No Yes 120 360 16846361 First Lien No Yes 60 360 17153912 First Lien No Yes 120 360 17153913 First Lien No Yes 120 360 17153914 First Lien No No 0 360 17153915 First Lien No Yes 120 360 17153916 First Lien No Yes 120 360 17153917 First Lien No Yes 120 360 17153918 First Lien No Yes 120 360 17153919 First Lien No Yes 120 360 17153920 First Lien No Yes 120 360 17153921 First Lien No Yes 120 360 17153922 First Lien No Yes 120 360 17153923 First Lien No Yes 120 360 17153924 First Lien No Yes 120 360 17153925 First Lien No No 0 360 17153926 First Lien No Yes 120 360 17153928 First Lien No Yes 120 360 17153929 First Lien No Yes 120 360 17153930 First Lien No Yes 120 360 17153931 First Lien No Yes 120 360 17153932 First Lien No Yes 120 360 17153933 First Lien No No 0 360 17153934 First Lien No Yes 120 360 17153935 First Lien No Yes 120 360 17153936 First Lien No Yes 120 360 17153937 First Lien No Yes 120 360 17153938 First Lien No Yes 120 360 17153939 First Lien No Yes 120 360 17153940 First Lien No Yes 120 360 17153941 First Lien No No 0 360 17153942 First Lien No Yes 120 360 17153943 First Lien No Yes 120 360 17153944 First Lien No Yes 120 360 17153945 First Lien No Yes 120 360 17153946 First Lien No Yes 120 360 17153947 First Lien No Yes 120 360 17153948 First Lien No Yes 120 360 17153950 First Lien No Yes 120 360 17153951 First Lien No Yes 120 360 17153952 First Lien No No 0 360 17153953 First Lien No Yes 120 360 17153954 First Lien No Yes 120 360 17153955 First Lien No Yes 120 360 17153956 First Lien No Yes 120 360 17153957 First Lien No Yes 120 360 17153958 First Lien No Yes 120 360 17153959 First Lien No Yes 120 360 17153960 First Lien No Yes 120 360 17153961 First Lien No Yes 120 360 17153962 First Lien No Yes 120 360 17153963 First Lien No Yes 120 360 17153964 First Lien No Yes 120 360 17153965 First Lien No Yes 120 360 17153966 First Lien No Yes 120 360 17153968 First Lien No Yes 120 360 17153969 First Lien No No 0 360 17153970 First Lien No Yes 120 360 17153971 First Lien No Yes 120 360 17153972 First Lien No Yes 120 360 17153973 First Lien No Yes 120 360 17153974 First Lien No Yes 120 360 17153975 First Lien No Yes 120 360 17153976 First Lien No Yes 120 360 17153977 First Lien No Yes 120 360 17153978 First Lien No Yes 120 360 17153979 First Lien No No 0 360 17153980 First Lien No Yes 120 360 17153981 First Lien No No 0 360 17153982 First Lien No Yes 120 360 17153983 First Lien No No 0 360 17153984 First Lien No Yes 120 360 17153985 First Lien No Yes 120 360 17153986 First Lien No Yes 120 360 17153987 First Lien No Yes 120 360 17153988 First Lien No Yes 120 360 17153989 First Lien No Yes 120 360 17153990 First Lien No Yes 120 360 17153991 First Lien No Yes 120 360 17153992 First Lien No Yes 120 360 17153993 First Lien No No 0 360 17153994 First Lien No Yes 120 360 17153995 First Lien No Yes 120 360 17153996 First Lien No Yes 120 360 17153997 First Lien No Yes 120 360 17153998 First Lien No Yes 120 360 17153999 First Lien No No 0 360 17154000 First Lien No Yes 120 360 17154001 First Lien No Yes 120 360 17154002 First Lien No Yes 120 360 17154003 First Lien No Yes 120 360 17154004 First Lien No Yes 120 360 17154005 First Lien No Yes 120 360 17154007 First Lien No No 0 360 17154009 First Lien No No 0 360 17154010 First Lien No Yes 120 360 17154011 First Lien No Yes 120 360 17154012 First Lien No Yes 120 360 17154014 First Lien No No 0 360 17154015 First Lien No Yes 120 360 17154016 First Lien No Yes 120 360 17154017 First Lien No Yes 120 360 17154018 First Lien No Yes 120 360 17154019 First Lien No Yes 120 360 17154020 First Lien No Yes 120 360 17154021 First Lien No Yes 120 360 17154022 First Lien No Yes 120 360 17154023 First Lien No Yes 120 360 17154024 First Lien No Yes 120 360 17154025 First Lien No Yes 120 360 17154026 First Lien No No 0 360 17154027 First Lien No Yes 120 360 17154028 First Lien No Yes 120 360 17154029 First Lien No Yes 120 360 17154030 First Lien No Yes 120 360 17154032 First Lien No Yes 120 360 17154033 First Lien No Yes 120 360 17154034 First Lien No Yes 120 360 17154035 First Lien No Yes 120 360 17154036 First Lien No Yes 120 360 17154037 First Lien No Yes 120 360 17154038 First Lien No Yes 120 360 17154039 First Lien No Yes 120 360 17154040 First Lien No Yes 120 360 17154041 First Lien No Yes 120 360 17154042 First Lien No Yes 120 360 17154043 First Lien No Yes 120 360 17154044 First Lien No Yes 120 360 17154045 First Lien No Yes 120 360 17154046 First Lien No Yes 120 360 17154047 First Lien No Yes 120 360 17154048 First Lien No Yes 120 360 17154050 First Lien No Yes 120 360 17154051 First Lien No Yes 120 360 17154052 First Lien No Yes 120 360 17154053 First Lien No Yes 120 360 17154054 First Lien No Yes 120 360 17154055 First Lien No Yes 120 360 17154056 First Lien No Yes 120 360 17154057 First Lien No Yes 120 360 17154058 First Lien No Yes 120 360 17154059 First Lien No No 0 360 17154060 First Lien No No 0 360 17154061 First Lien No Yes 120 360 17154062 First Lien No Yes 120 360 17154063 First Lien No Yes 120 360 17154064 First Lien No Yes 120 360 17154065 First Lien No Yes 120 360 17154066 First Lien No No 0 360 17154067 First Lien No Yes 120 360 17154068 First Lien No No 0 360 17154069 First Lien No No 0 360 17154070 First Lien No Yes 120 360 17154072 First Lien No Yes 120 360 17154074 First Lien No Yes 120 360 17154075 First Lien No Yes 120 360 17154076 First Lien No No 0 360 17154077 First Lien No Yes 120 360 17154078 First Lien No Yes 120 360 17154081 First Lien No Yes 120 360 17154082 First Lien No Yes 120 360 17154083 First Lien No Yes 120 360 17154084 First Lien No Yes 120 360 17154085 First Lien No Yes 120 360 17154086 First Lien No No 0 360 17154087 First Lien No Yes 120 360 17154088 First Lien No Yes 120 360 17154089 First Lien No Yes 120 360 17154090 First Lien No Yes 120 360 17154091 First Lien No Yes 120 360 17154092 First Lien No Yes 120 360 17154093 First Lien No Yes 120 360 17154094 First Lien No Yes 120 360 17154095 First Lien No Yes 120 360 17154097 First Lien No Yes 120 360 17154098 First Lien No Yes 120 360 17153770 First Lien No Yes 120 360 17153771 First Lien No Yes 120 360 17153772 First Lien No Yes 120 360 17153773 First Lien No No 0 360 17153774 First Lien No Yes 120 360 17153775 First Lien No Yes 120 360 17153776 First Lien No No 0 360 17153777 First Lien No Yes 120 360 17153779 First Lien No Yes 120 360 17153781 First Lien No Yes 120 360 17153782 First Lien No Yes 120 360 17153783 First Lien No Yes 120 360 17153784 First Lien No No 0 360 17153785 First Lien No Yes 120 360 17153786 First Lien No Yes 120 360 17153787 First Lien No Yes 120 360 17153788 First Lien No Yes 120 360 17153789 First Lien No No 0 360 17153790 First Lien No Yes 120 360 17153792 First Lien No Yes 120 360 17153793 First Lien No Yes 120 360 17153794 First Lien No Yes 120 360 17153795 First Lien No Yes 120 360 17153796 First Lien No Yes 120 360 17153797 First Lien No Yes 120 360 17153798 First Lien No Yes 120 360 17153799 First Lien No Yes 120 360 17153800 First Lien No Yes 120 360 17153801 First Lien No Yes 120 360 17153802 First Lien No Yes 120 360 17153803 First Lien No Yes 120 360 17153804 First Lien No Yes 120 360 17153805 First Lien No Yes 120 360 17153806 First Lien No Yes 120 360 17153807 First Lien No Yes 120 360 17153808 First Lien No Yes 120 360 17153809 First Lien No No 0 360 17153810 First Lien No Yes 120 360 17153811 First Lien No Yes 120 360 17153812 First Lien No Yes 120 360 17153813 First Lien No Yes 120 360 17153814 First Lien No No 0 360 17153815 First Lien No Yes 120 360 17153816 First Lien No No 0 360 17153817 First Lien No No 0 360 17153818 First Lien No Yes 120 360 17153819 First Lien No Yes 120 360 17153820 First Lien No Yes 120 360 17153822 First Lien No Yes 120 360 17153823 First Lien No No 0 360 17153824 First Lien No Yes 120 360 17153825 First Lien No Yes 120 360 17153826 First Lien No Yes 120 360 17153827 First Lien No Yes 120 360 17153828 First Lien No Yes 120 360 17153829 First Lien No No 0 360 17153831 First Lien No Yes 120 360 17153832 First Lien No No 0 360 17153833 First Lien No No 0 360 17153834 First Lien No Yes 120 360 17153835 First Lien No Yes 120 360 17153836 First Lien No Yes 120 360 17153837 First Lien No Yes 120 360 17153838 First Lien No Yes 120 360 17153839 First Lien No Yes 120 360 17153840 First Lien No Yes 120 360 17153841 First Lien No Yes 120 360 17153843 First Lien No No 0 360 17153844 First Lien No Yes 120 360 17153845 First Lien No Yes 120 360 17153846 First Lien No Yes 120 360 17153848 First Lien No Yes 120 360 17153849 First Lien No Yes 120 360 17153850 First Lien No Yes 120 360 17153851 First Lien No Yes 120 360 17153852 First Lien No No 0 360 17153853 First Lien No Yes 120 360 17153854 First Lien No Yes 120 360 17153855 First Lien No No 0 360 17153856 First Lien No No 0 360 17153857 First Lien No Yes 120 360 17153858 First Lien No Yes 120 360 17153859 First Lien No Yes 120 360 17153860 First Lien No No 0 360 17153861 First Lien No No 0 360 17153862 First Lien No Yes 120 360 17153863 First Lien No Yes 120 360 17153864 First Lien No Yes 120 360 17153865 First Lien No Yes 120 360 17153866 First Lien No No 0 360 17153867 First Lien No Yes 120 360 17153868 First Lien No Yes 120 360 17153869 First Lien No Yes 120 360 17153870 First Lien No Yes 120 360 17153871 First Lien No Yes 120 360 17153872 First Lien No Yes 120 360 17153874 First Lien No Yes 120 360 17153875 First Lien No Yes 120 360 17153876 First Lien No No 0 360 17153878 First Lien No Yes 120 360 17153879 First Lien No No 0 360 17153880 First Lien No Yes 120 360 17153881 First Lien No Yes 120 360 17153882 First Lien No No 0 360 17153883 First Lien No No 0 360 17153884 First Lien No Yes 120 360 17153885 First Lien No Yes 120 360 17153886 First Lien No Yes 120 360 17153887 First Lien No Yes 120 360 17153889 First Lien No No 0 360 17153890 First Lien No Yes 120 360 17153891 First Lien No Yes 120 360 17153892 First Lien No Yes 120 360 17153893 First Lien No Yes 120 360 17153894 First Lien No Yes 120 360 17153895 First Lien No Yes 120 360 17153896 First Lien No Yes 120 360 17153897 First Lien No Yes 120 360 17153898 First Lien No Yes 120 360 17153900 First Lien No Yes 120 360 17153901 First Lien No Yes 120 360 17153902 First Lien No Yes 120 360 17153903 First Lien No Yes 120 360 17153904 First Lien No Yes 120 360 17153905 First Lien No Yes 120 360 17153906 First Lien No Yes 120 360 17153907 First Lien No Yes 120 360 17153908 First Lien No No 0 360 17153910 First Lien No No 0 360 17153749 First Lien No Yes 120 360 17153750 First Lien No No 0 360 17153751 First Lien No Yes 120 360 17153752 First Lien No Yes 120 360 17153753 First Lien No Yes 120 360 17153754 First Lien No Yes 120 360 17153755 First Lien No Yes 120 360 17153757 First Lien No Yes 120 360 17153758 First Lien No Yes 120 360 17153759 First Lien No No 0 360 17153760 First Lien No Yes 120 360 17153762 First Lien No Yes 120 360 17153763 First Lien No Yes 120 360 17153764 First Lien No Yes 120 360 17153765 First Lien No Yes 120 360 17153766 First Lien No Yes 120 360 17153767 First Lien No Yes 120 360 17153768 First Lien No Yes 120 360 17153769 First Lien No Yes 120 360 17233046 First Lien No Yes 120 360 17233120 First Lien No Yes 120 360 17233040 First Lien No Yes 120 360 17233041 First Lien No Yes 120 360 17233123 First Lien No Yes 120 360 17233042 First Lien No Yes 120 360 17233124 First Lien No Yes 120 360 17233043 First Lien No Yes 120 360 17233125 First Lien No Yes 120 360 17233044 First Lien No Yes 120 360 17233045 First Lien No Yes 120 360 17233116 First Lien No Yes 120 360 17233036 First Lien No Yes 120 360 17233118 First Lien No Yes 120 360 17233119 First Lien No Yes 120 360 17233038 First Lien No Yes 120 360 17233039 First Lien No Yes 120 360 17233033 First Lien No Yes 120 360 17233115 First Lien No Yes 120 360 17233034 First Lien No Yes 120 360 17233467 First Lien No Yes 120 360 17233409 First Lien No Yes 120 360 17233110 First Lien No Yes 120 360 17233030 First Lien No Yes 120 360 17233113 First Lien No Yes 120 360 17233032 First Lien No Yes 120 360 17233114 First Lien No Yes 120 360 17233028 First Lien No Yes 120 360 17233029 First Lien No Yes 120 360 17233108 First Lien No Yes 120 360 17233109 First Lien No Yes 120 360 17247380 First Lien No Yes 120 360 17233000 First Lien No Yes 120 360 17233001 First Lien No Yes 120 360 17233002 First Lien No Yes 120 360 17233003 First Lien No Yes 120 360 17233004 First Lien No Yes 120 360 17233005 First Lien No Yes 120 360 17233006 First Lien No Yes 120 360 17233007 First Lien No Yes 120 360 17247291 First Lien No Yes 120 360 17247373 First Lien No Yes 120 360 17233008 First Lien No Yes 120 360 17233009 First Lien No Yes 120 360 17233010 First Lien No Yes 120 360 17233011 First Lien No Yes 120 360 17233013 First Lien No Yes 120 360 17233014 First Lien No Yes 120 360 17233015 First Lien No Yes 120 360 17233016 First Lien No Yes 120 360 17233017 First Lien No Yes 120 360 17233018 First Lien No Yes 120 360 17247293 First Lien No Yes 120 360 17247294 First Lien No Yes 120 360 17233100 First Lien No Yes 120 360 17233020 First Lien No Yes 120 360 17233101 First Lien No Yes 120 360 17233021 First Lien No Yes 120 360 17233102 First Lien No Yes 120 360 17233022 First Lien No Yes 120 360 17233023 First Lien No Yes 120 360 17233105 First Lien No Yes 120 360 17233024 First Lien No Yes 120 360 17233106 First Lien No No 0 360 17233025 First Lien No Yes 120 360 17233107 First Lien No Yes 120 360 17247371 First Lien No Yes 120 360 17247365 First Lien No Yes 120 360 17247287 First Lien No Yes 120 360 17247288 First Lien No No 0 360 17247289 First Lien No Yes 120 360 17247284 First Lien No Yes 120 360 17247258 First Lien No Yes 120 360 17247259 First Lien No Yes 120 360 17247340 First Lien No Yes 120 360 17247342 First Lien No Yes 120 360 17247346 First Lien No No 0 360 17247348 First Lien No No 0 360 17247351 First Lien No Yes 120 360 17247270 First Lien No Yes 120 360 17247353 First Lien No Yes 120 360 17247272 First Lien No Yes 120 360 17247355 First Lien No Yes 120 360 17247356 First Lien No Yes 120 360 17247277 First Lien No Yes 120 360 17247278 First Lien No Yes 120 360 17247362 First Lien No Yes 120 360 17247322 First Lien No Yes 120 360 17247324 First Lien No Yes 120 360 17247331 First Lien No Yes 120 360 17247251 First Lien No Yes 120 360 17247333 First Lien No Yes 120 360 17247252 First Lien No Yes 120 360 17247253 First Lien No Yes 120 360 17247255 First Lien No Yes 120 360 17247256 First Lien No Yes 120 360 17247327 First Lien No Yes 120 360 17247328 First Lien No Yes 120 360 17247248 First Lien No Yes 120 360 17247237 First Lien No Yes 120 360 17247228 First Lien No Yes 120 360 17247309 First Lien No Yes 120 360 17247310 First Lien No Yes 120 360 17247312 First Lien No Yes 120 360 17247316 First Lien No Yes 120 360 17233391 First Lien No Yes 120 360 17233475 First Lien No Yes 120 360 17233476 First Lien No Yes 120 360 17233397 First Lien No Yes 120 360 17247204 First Lien No Yes 120 360 17247217 First Lien No Yes 120 360 17247218 First Lien No Yes 120 360 17247219 First Lien No Yes 120 360 17247225 First Lien No Yes 120 360 17233452 First Lien No Yes 120 360 17233456 First Lien No Yes 120 360 17233381 First Lien No Yes 120 360 17233432 First Lien No No 0 360 17233433 First Lien No Yes 120 360 17233190 First Lien No Yes 120 360 17233193 First Lien No Yes 120 360 17233438 First Lien No No 0 360 17233195 First Lien No Yes 120 360 17233196 First Lien No Yes 120 360 17233359 First Lien No Yes 120 360 17233198 First Lien No Yes 120 360 17233360 First Lien No Yes 120 360 17233361 First Lien No Yes 120 360 17233364 First Lien No Yes 120 360 17233366 First Lien No Yes 120 360 17233367 First Lien No Yes 120 360 17233180 First Lien No Yes 120 360 17233424 First Lien No No 0 360 17233343 First Lien No Yes 120 360 17233344 First Lien No Yes 120 360 17233345 First Lien No No 0 360 17233184 First Lien No Yes 120 360 17233185 First Lien No Yes 120 360 17233349 First Lien No Yes 120 360 17233189 First Lien No Yes 120 360 17233084 First Lien No Yes 120 360 17233327 First Lien No Yes 120 360 17233166 First Lien No Yes 120 360 17233086 First Lien No Yes 120 360 17233167 First Lien No Yes 120 360 17233087 First Lien No Yes 120 360 17233088 First Lien No Yes 120 360 17233169 First Lien No Yes 120 360 17233089 First Lien No Yes 120 360 17233413 First Lien No Yes 120 360 17233170 First Lien No Yes 120 360 17233171 First Lien No Yes 120 360 17233333 First Lien No No 0 480 17233091 First Lien No Yes 120 360 17233092 First Lien No Yes 120 360 17233173 First Lien No Yes 120 360 17233335 First Lien No Yes 120 360 17233093 First Lien No Yes 120 360 17233174 First Lien No Yes 120 360 17233094 First Lien No Yes 120 360 17233337 First Lien No No 0 360 17233095 First Lien No Yes 120 360 17233176 First Lien No Yes 120 360 17233177 First Lien No No 0 360 17233178 First Lien No No 0 360 17233179 First Lien No Yes 120 360 17233151 First Lien No Yes 120 360 17233071 First Lien No Yes 120 360 17233072 First Lien No Yes 120 360 17233073 First Lien No Yes 120 360 17233154 First Lien No Yes 120 360 17233074 First Lien No Yes 120 360 17233075 First Lien No Yes 120 360 17233156 First Lien No Yes 120 360 17233076 First Lien No Yes 120 360 17233319 First Lien No Yes 120 360 17233158 First Lien No Yes 120 360 17233078 First Lien No Yes 120 360 17233159 First Lien No Yes 120 360 17233080 First Lien No No 0 360 17233081 First Lien No Yes 120 360 17233162 First Lien No Yes 120 360 17233324 First Lien No Yes 120 360 17233406 First Lien No Yes 120 360 17233083 First Lien No Yes 120 360 17233407 First Lien No No 0 360 17233164 First Lien No Yes 120 360 17233069 First Lien No Yes 120 360 17233150 First Lien No Yes 120 360 17233067 First Lien No Yes 120 360 17233149 First Lien No Yes 120 360 17233066 First Lien No Yes 120 360 17233309 First Lien No Yes 120 360 17233141 First Lien No Yes 120 360 17233142 First Lien No Yes 120 360 17233304 First Lien No Yes 120 360 17233063 First Lien No Yes 120 360 17233144 First Lien No Yes 120 360 17233064 First Lien No Yes 120 360 17233145 First Lien No Yes 120 360 17233058 First Lien No Yes 120 360 17233059 First Lien No Yes 120 360 17233300 First Lien No Yes 120 360 17233301 First Lien No Yes 120 360 17233140 First Lien No Yes 120 360 17233302 First Lien No No 0 360 17233060 First Lien No Yes 120 360 17233051 First Lien No Yes 120 360 17233132 First Lien No Yes 120 360 17233052 First Lien No Yes 120 360 17233133 First Lien No Yes 120 360 17233054 First Lien No Yes 120 360 17233135 First Lien No Yes 120 360 17233136 First Lien No Yes 120 360 17233056 First Lien No Yes 120 360 17233137 First Lien No Yes 120 360 17233047 First Lien No No 0 360 17233128 First Lien No Yes 120 360 17233129 First Lien No Yes 120 360 17233049 First Lien No Yes 120 360 17233130 First Lien No Yes 120 360 17233050 First Lien No Yes 120 360 17233285 First Lien No Yes 120 360 17233288 First Lien No Yes 120 360 17233290 First Lien No Yes 120 360 17233292 First Lien No No 0 360 17233293 First Lien No Yes 120 360 17233295 First Lien No Yes 120 360 17233296 First Lien No Yes 120 360 17232973 First Lien No Yes 120 360 17232974 First Lien No Yes 120 360 17232977 First Lien No Yes 120 360 17232979 First Lien No Yes 120 360 17232980 First Lien No No 0 360 17232981 First Lien No Yes 120 360 17232982 First Lien No Yes 120 360 17232983 First Lien No Yes 120 360 17232985 First Lien No No 0 360 17232986 First Lien No Yes 120 360 17232987 First Lien No Yes 120 360 17232988 First Lien No Yes 120 360 17232989 First Lien No Yes 120 360 17232990 First Lien No Yes 120 360 17232991 First Lien No Yes 120 360 17232992 First Lien No Yes 120 360 17232994 First Lien No Yes 120 360 17232996 First Lien No Yes 120 360 17232997 First Lien No Yes 120 360 17232998 First Lien No Yes 120 360 17232999 First Lien No Yes 120 360 17233206 First Lien No Yes 120 360 17233211 First Lien No Yes 120 360 17233212 First Lien No Yes 120 360 17233214 First Lien No Yes 120 360 17233216 First Lien No Yes 120 360 17233218 First Lien No Yes 120 360 17233219 First Lien No Yes 120 360 17233221 First Lien No Yes 120 360 17233233 First Lien No Yes 120 360 17233235 First Lien No Yes 120 360 17233236 First Lien No Yes 120 360 17233240 First Lien No Yes 120 360 17233241 First Lien No Yes 120 360 17233242 First Lien No Yes 120 360 17233243 First Lien No Yes 120 360 17233245 First Lien No Yes 120 360 17233249 First Lien No Yes 120 360 17233251 First Lien No Yes 120 360 17233252 First Lien No Yes 120 360 17233253 First Lien No Yes 120 360 17233254 First Lien No Yes 120 360 17233256 First Lien No Yes 120 360 17233257 First Lien No Yes 120 360 17233260 First Lien No Yes 120 360 17233262 First Lien No Yes 120 360 17233264 First Lien No Yes 120 360 17233265 First Lien No Yes 120 360 17233266 First Lien No Yes 120 360 17233267 First Lien No Yes 120 360 17233268 First Lien No Yes 120 360 17233269 First Lien No Yes 120 360 17233271 First Lien No Yes 120 360 17233272 First Lien No No 0 360 17233273 First Lien No Yes 120 360 17233274 First Lien No Yes 120 360 17233275 First Lien No Yes 120 360 17233280 First Lien No Yes 120 360 17233282 First Lien No Yes 120 360 17247265 First Lien No Yes 120 360 17244992 First Lien No Yes 84 360 17244993 First Lien No Yes 84 360 17244994 First Lien No Yes 120 360 17244995 First Lien No Yes 84 480 17244996 First Lien No Yes 84 360 17244997 First Lien No Yes 84 360 17244998 First Lien No Yes 120 360 17244999 First Lien No Yes 120 360 17244990 First Lien No Yes 84 360 17244991 First Lien No Yes 120 360 17247375 First Lien No Yes 120 360 17247295 First Lien No Yes 120 360 17247376 First Lien No Yes 120 360 17247296 First Lien No No 0 360 17247377 First Lien No Yes 120 360 17247381 First Lien No Yes 120 360 17247382 First Lien No Yes 120 360 17247374 First Lien No Yes 120 360 17247370 First Lien No Yes 120 360 17247290 First Lien No Yes 120 360 17247367 First Lien No Yes 120 360 17247286 First Lien No Yes 120 360 17247283 First Lien No Yes 120 360 17247261 First Lien No Yes 120 360 17247343 First Lien No Yes 120 360 17247344 First Lien No Yes 120 360 17247263 First Lien No Yes 84 360 17247266 First Lien No Yes 120 360 17247349 First Lien No Yes 120 360 17247268 First Lien No Yes 120 360 17247269 First Lien No Yes 120 360 17247350 First Lien No Yes 120 360 17247271 First Lien No Yes 120 360 17247273 First Lien No Yes 120 360 17247274 First Lien No Yes 120 360 17247276 First Lien No No 0 360 17247357 First Lien No Yes 120 360 17247197 First Lien No Yes 84 360 17247198 First Lien No No 0 360 17247279 First Lien No Yes 120 360 17247280 First Lien No Yes 120 360 17247282 First Lien No Yes 120 360 17247320 First Lien No Yes 120 360 17247321 First Lien No Yes 120 360 17247240 First Lien No Yes 120 360 17247241 First Lien No Yes 84 360 17247242 First Lien No Yes 84 360 17247243 First Lien No Yes 120 360 17247254 First Lien No Yes 120 360 17247335 First Lien No Yes 120 360 17247326 First Lien No Yes 120 360 17247246 First Lien No Yes 84 360 17247247 First Lien No Yes 84 360 17247329 First Lien No Yes 120 360 17247317 First Lien No Yes 120 360 17247236 First Lien No Yes 120 360 17247318 First Lien No Yes 120 360 17247238 First Lien No Yes 120 360 17247311 First Lien No Yes 120 360 17247230 First Lien No Yes 120 360 17247231 First Lien No Yes 120 360 17247234 First Lien No Yes 120 360 17256615 First Lien No Yes 120 360 17256616 First Lien No Yes 120 360 17256617 First Lien No Yes 120 360 17256609 First Lien No Yes 120 360 17256618 First Lien No Yes 120 360 17256619 First Lien No Yes 120 360 17256610 First Lien No Yes 84 360 17256611 First Lien No Yes 120 360 17256613 First Lien No Yes 120 360 17255906 First Lien No Yes 120 360 17255907 First Lien No Yes 120 360 17255917 First Lien No Yes 120 360 17255908 First Lien No Yes 120 360 17255918 First Lien No Yes 120 360 17255909 First Lien No Yes 120 360 17255919 First Lien No Yes 120 360 17255885 First Lien No Yes 120 360 17255894 First Lien No Yes 84 360 17255896 First Lien No Yes 120 360 17255887 First Lien No Yes 120 360 17255888 First Lien No Yes 120 360 17255898 First Lien No Yes 120 360 17255899 First Lien No Yes 120 360 17255914 First Lien No Yes 120 360 17255915 First Lien No Yes 120 360 17255916 First Lien No Yes 120 360 17255912 First Lien No No 0 360 17255913 First Lien No Yes 120 360 17255904 First Lien No Yes 120 360 17255905 First Lien No Yes 120 360 17255882 First Lien No Yes 84 360 17255883 First Lien No Yes 120 360 17255884 First Lien No Yes 120 360 17255886 First Lien No Yes 120 360 17255889 First Lien No Yes 120 360 17255910 First Lien No Yes 120 360 17255911 First Lien No No 0 360 17255897 First Lien No Yes 120 360 17255900 First Lien No Yes 120 360 17255901 First Lien No Yes 120 360 17255902 First Lien No Yes 120 360 17255903 First Lien No Yes 120 360 17255880 First Lien No Yes 84 360 17255881 First Lien No Yes 84 360 17255895 First Lien No Yes 84 360 17255891 First Lien No Yes 84 360 17255893 First Lien No No 0 360 17255890 First Lien No Yes 84 360 17250575 First Lien No Yes 120 360 17250577 First Lien No Yes 120 360 17250578 First Lien No Yes 120 360 17250570 First Lien No Yes 84 360 17250562 First Lien No Yes 120 360 17247202 First Lien No Yes 84 360 17247203 First Lien No Yes 84 360 17247208 First Lien No Yes 120 360 17247209 First Lien No Yes 120 360 17247210 First Lien No Yes 84 360 17247211 First Lien No Yes 84 360 17247212 First Lien No Yes 120 360 17247214 First Lien No Yes 120 360 17247216 First Lien No Yes 84 360 17247300 First Lien No No 0 360 17247302 First Lien No Yes 120 360 17247221 First Lien No Yes 84 360 17247222 First Lien No Yes 84 360 17247303 First Lien No Yes 120 360 17247304 First Lien No Yes 120 360 17247223 First Lien No Yes 120 360 17247224 First Lien No Yes 84 360 17247306 First Lien No Yes 120 360 17244962 First Lien No No 0 360 17245030 First Lien No Yes 120 360 17245031 First Lien No Yes 120 360 17245032 First Lien No Yes 120 360 17245033 First Lien No Yes 120 360 17245034 First Lien No Yes 120 360 17245035 First Lien No Yes 120 360 17245036 First Lien No Yes 120 360 17245037 First Lien No Yes 120 360 17245038 First Lien No Yes 120 360 17245039 First Lien No Yes 120 360 17245040 First Lien No Yes 120 360 17245041 First Lien No Yes 120 360 17245042 First Lien No Yes 120 360 17245043 First Lien No Yes 120 360 17245044 First Lien No No 0 360 17245045 First Lien No Yes 120 360 17245046 First Lien No Yes 120 360 17245047 First Lien No No 0 360 17245048 First Lien No Yes 120 360 17245049 First Lien No Yes 120 360 17245050 First Lien No No 0 360 17245016 First Lien No Yes 120 360 17245017 First Lien No Yes 120 360 17245018 First Lien No Yes 120 360 17245019 First Lien No Yes 120 360 17245020 First Lien No Yes 120 360 17245021 First Lien No No 0 360 17245022 First Lien No Yes 120 360 17245023 First Lien No Yes 120 360 17245025 First Lien No Yes 120 360 17245026 First Lien No No 0 360 17245027 First Lien No Yes 120 360 17245028 First Lien No Yes 120 360 17245029 First Lien No Yes 120 360 17245004 First Lien No No 0 360 17245005 First Lien No Yes 120 360 17245006 First Lien No Yes 120 360 17245007 First Lien No Yes 120 360 17245008 First Lien No Yes 120 360 17245009 First Lien No Yes 120 360 17245010 First Lien No Yes 120 360 17245011 First Lien No Yes 120 360 17245012 First Lien No Yes 120 360 17245013 First Lien No No 0 360 17245014 First Lien No Yes 120 360 17245015 First Lien No Yes 120 360 17245000 First Lien No Yes 120 360 17245001 First Lien No Yes 120 360 17245002 First Lien No Yes 120 360 17245003 First Lien No Yes 120 360 17250580 First Lien No Yes 120 360 17250571 First Lien No Yes 120 360 17250569 First Lien No Yes 120 360 17250579 First Lien No Yes 120 360 17250560 First Lien No Yes 120 360 17250561 First Lien No Yes 120 360 17250558 First Lien No Yes 84 360 17250567 First Lien No No 0 360 17250568 First Lien No Yes 120 360 17250566 First Lien No Yes 84 360 17250576 First Lien No Yes 120 360 17250572 First Lien No Yes 120 360 17250557 First Lien No Yes 84 360 17250563 First Lien No Yes 120 360 17250581 First Lien No Yes 120 360 17250573 First Lien No Yes 120 360 17250564 First Lien No Yes 84 360 17250574 First Lien No No 0 360 17250565 First Lien No Yes 84 360 17244984 First Lien No Yes 120 360 17244985 First Lien No Yes 84 360 17244986 First Lien No Yes 84 360 17244987 First Lien No Yes 84 360 17244988 First Lien No Yes 84 360 17244989 First Lien No Yes 120 360 17244935 First Lien No Yes 120 360 17244936 First Lien No Yes 120 360 17244937 First Lien No Yes 120 360 17244938 First Lien No Yes 120 360 17244939 First Lien No Yes 120 360 17244940 First Lien No Yes 120 360 17244941 First Lien No Yes 120 360 17244942 First Lien No Yes 84 360 17244943 First Lien No Yes 120 360 17244944 First Lien No Yes 84 360 17244945 First Lien No Yes 120 360 17244946 First Lien No Yes 84 360 17244947 First Lien No Yes 120 360 17244948 First Lien No Yes 84 360 17244949 First Lien No Yes 84 360 17244950 First Lien No Yes 84 360 17244951 First Lien No Yes 84 360 17244952 First Lien No Yes 120 360 17244953 First Lien No Yes 84 360 17244954 First Lien No Yes 84 360 17244955 First Lien No Yes 84 360 17244956 First Lien No Yes 120 360 17244957 First Lien No Yes 84 360 17244958 First Lien No Yes 84 360 17244959 First Lien No Yes 120 360 17244960 First Lien No Yes 84 360 17244961 First Lien No Yes 84 360 17244963 First Lien No Yes 120 360 17244964 First Lien No Yes 120 360 17244965 First Lien No Yes 120 360 17244966 First Lien No Yes 120 360 17244967 First Lien No Yes 120 360 17244968 First Lien No Yes 84 360 17244969 First Lien No Yes 120 360 17244970 First Lien No Yes 120 360 17244971 First Lien No No 0 360 17244972 First Lien No Yes 120 360 17244973 First Lien No Yes 120 360 17244974 First Lien No Yes 120 360 17244975 First Lien No Yes 120 360 17244976 First Lien No Yes 120 360 17244977 First Lien No Yes 120 360 17244978 First Lien No No 0 360 17244979 First Lien No Yes 120 360 17244980 First Lien No Yes 120 360 17244981 First Lien No Yes 120 360 17244982 First Lien No Yes 120 360 17244983 First Lien No Yes 120 360 17256703 First Lien No Yes 84 360 17256709 First Lien No Yes 120 360 17233121 First Lien No Yes 120 360 17233122 First Lien No Yes 120 360 17233126 First Lien No Yes 120 360 17233117 First Lien No Yes 120 360 17233037 First Lien No Yes 120 360 17233460 First Lien No Yes 120 360 17233451 First Lien No Yes 120 360 17233111 First Lien No Yes 120 360 17233031 First Lien No Yes 120 360 17233112 First Lien No Yes 120 360 17247297 First Lien No Yes 120 360 17247298 First Lien No Yes 120 360 17247372 First Lien No Yes 120 360 17247292 First Lien No Yes 120 360 17233019 First Lien No Yes 120 360 17233103 First Lien No Yes 120 360 17233104 First Lien No Yes 120 360 17233026 First Lien No Yes 120 360 17247366 First Lien No Yes 120 360 17247285 First Lien No Yes 120 360 17247368 First Lien No Yes 120 360 17247369 First Lien No Yes 120 360 17247363 First Lien No Yes 120 360 17247364 First Lien No Yes 120 360 17247341 First Lien No Yes 120 360 17247262 First Lien No Yes 120 360 17247345 First Lien No Yes 120 360 17247347 First Lien No Yes 120 360 17247267 First Lien No Yes 120 360 17247352 First Lien No Yes 120 360 17247354 First Lien No Yes 120 360 17247275 First Lien No Yes 120 360 17247359 First Lien No Yes 120 360 17247360 First Lien No Yes 120 360 17247361 First Lien No Yes 120 360 17247281 First Lien No No 0 360 17247323 First Lien No Yes 120 360 17247325 First Lien No No 0 360 17247250 First Lien No Yes 120 360 17247334 First Lien No Yes 120 360 17247337 First Lien No Yes 120 360 17247257 First Lien No Yes 120 360 17247245 First Lien No Yes 120 360 17247330 First Lien No Yes 120 360 17247229 First Lien No Yes 120 360 17247232 First Lien No Yes 120 360 17247314 First Lien No Yes 120 360 17247233 First Lien No Yes 120 360 17247315 First Lien No Yes 120 360 17247215 First Lien No Yes 120 360 17233392 First Lien No Yes 120 360 17233393 First Lien No Yes 120 360 17233394 First Lien No Yes 120 360 17233395 First Lien No Yes 120 360 17233396 First Lien No Yes 120 360 17233398 First Lien No Yes 120 360 17233399 First Lien No Yes 120 360 17247201 First Lien No Yes 120 360 17247206 First Lien No No 0 360 17247213 First Lien No Yes 120 360 17247301 First Lien No Yes 120 360 17247305 First Lien No Yes 120 360 17233370 First Lien No Yes 120 360 17233453 First Lien No Yes 120 360 17233372 First Lien No Yes 120 360 17233454 First Lien No No 0 360 17233373 First Lien No Yes 120 360 17233455 First Lien No Yes 120 360 17233374 First Lien No Yes 120 360 17233457 First Lien No Yes 120 360 17233376 First Lien No Yes 120 360 17233458 First Lien No Yes 120 360 17233377 First Lien No Yes 120 360 17233459 First Lien No Yes 120 360 17233378 First Lien No Yes 120 360 17233379 First Lien No Yes 120 360 17233461 First Lien No No 0 480 17233462 First Lien No Yes 120 360 17233464 First Lien No Yes 120 360 17233383 First Lien No Yes 120 360 17233384 First Lien No Yes 120 360 17233466 First Lien No Yes 120 360 17233385 First Lien No Yes 120 360 17233387 First Lien No Yes 120 360 17233388 First Lien No Yes 120 360 17233389 First Lien No Yes 120 360 17233470 First Lien No No 0 360 17233390 First Lien No Yes 120 360 17233352 First Lien No Yes 120 360 17233434 First Lien No Yes 120 360 17233191 First Lien No Yes 120 360 17233353 First Lien No Yes 120 360 17233435 First Lien No Yes 120 360 17233192 First Lien No No 0 360 17233354 First Lien No Yes 120 360 17233436 First Lien No Yes 120 360 17233355 First Lien No Yes 120 360 17233437 First Lien No Yes 120 360 17233356 First Lien No No 0 360 17233439 First Lien No Yes 120 360 17233199 First Lien No Yes 120 360 17233440 First Lien No No 0 360 17233441 First Lien No Yes 120 360 17233443 First Lien No Yes 120 360 17233362 First Lien No Yes 120 360 17233444 First Lien No Yes 120 360 17233445 First Lien No Yes 120 360 17233446 First Lien No Yes 120 360 17233447 First Lien No Yes 120 360 17233448 First Lien No Yes 120 360 17233449 First Lien No Yes 120 360 17233421 First Lien No Yes 120 360 17233340 First Lien No Yes 120 360 17233422 First Lien No Yes 120 360 17233423 First Lien No Yes 120 360 17233342 First Lien No Yes 120 360 17233181 First Lien No Yes 120 360 17233425 First Lien No Yes 120 360 17233182 First Lien No Yes 120 360 17233426 First Lien No Yes 120 360 17233183 First Lien No Yes 120 360 17233427 First Lien No Yes 120 360 17233346 First Lien No Yes 120 360 17233428 First Lien No Yes 120 360 17233347 First Lien No Yes 120 360 17233429 First Lien No Yes 120 360 17233186 First Lien No Yes 120 360 17233348 First Lien No Yes 120 360 17233188 First Lien No Yes 120 360 17233430 First Lien No Yes 120 360 17233431 First Lien No Yes 120 360 17233350 First Lien No Yes 120 360 17233408 First Lien No Yes 120 360 17233165 First Lien No Yes 120 360 17233085 First Lien No Yes 120 360 17233328 First Lien No Yes 120 360 17233329 First Lien No Yes 120 360 17233168 First Lien No Yes 120 360 17233410 First Lien No Yes 120 360 17233411 First Lien No Yes 120 360 17233412 First Lien No Yes 120 360 17233331 First Lien No Yes 120 360 17233332 First Lien No Yes 120 360 17233414 First Lien No Yes 120 360 17233090 First Lien No Yes 120 360 17233415 First Lien No Yes 120 360 17233172 First Lien No Yes 120 360 17233334 First Lien No Yes 120 360 17233416 First Lien No Yes 120 360 17233417 First Lien No Yes 120 360 17233336 First Lien No Yes 120 360 17233418 First Lien No Yes 120 360 17233175 First Lien No Yes 120 360 17233419 First Lien No Yes 120 360 17233338 First Lien No Yes 120 360 17233339 First Lien No Yes 120 360 17233098 First Lien No Yes 120 360 17233099 First Lien No Yes 120 360 17233420 First Lien No Yes 120 360 17233314 First Lien No Yes 120 360 17233153 First Lien No Yes 120 360 17233316 First Lien No Yes 120 360 17233155 First Lien No Yes 120 360 17233317 First Lien No Yes 120 360 17233318 First Lien No Yes 120 360 17233157 First Lien No Yes 120 360 17233077 First Lien No Yes 120 360 17233400 First Lien No Yes 120 360 17233401 First Lien No Yes 120 360 17233320 First Lien No Yes 120 360 17233402 First Lien No Yes 120 360 17233321 First Lien No Yes 120 360 17233160 First Lien No Yes 120 360 17233404 First Lien No Yes 120 360 17233161 First Lien No Yes 120 360 17233323 First Lien No Yes 120 360 17233082 First Lien No Yes 120 360 17233326 First Lien No Yes 120 360 17233310 First Lien No Yes 120 360 17233311 First Lien No Yes 120 360 17233312 First Lien No Yes 120 360 17233070 First Lien No Yes 120 360 17233313 First Lien No Yes 120 360 17233148 First Lien No Yes 120 360 17233061 First Lien No Yes 120 360 17233143 First Lien No Yes 120 360 17233305 First Lien No No 0 360 17233306 First Lien No Yes 120 360 17233307 First Lien No Yes 120 360 17233138 First Lien No Yes 120 360 17233303 First Lien No Yes 120 360 17233053 First Lien No Yes 120 360 17233134 First Lien No No 0 360 17233055 First Lien No Yes 120 360 17233057 First Lien No No 0 360 17233131 First Lien No Yes 120 360 17233284 First Lien No Yes 120 360 17233287 First Lien No Yes 120 360 17233289 First Lien No Yes 120 360 17233291 First Lien No Yes 120 360 17233294 First Lien No Yes 120 360 17233297 First Lien No Yes 120 360 17233298 First Lien No Yes 120 360 17233299 First Lien No Yes 120 360 17232984 First Lien No Yes 120 360 17233201 First Lien No Yes 120 360 17233202 First Lien No Yes 120 360 17233203 First Lien No Yes 120 360 17233205 First Lien No Yes 120 360 17233208 First Lien No No 0 360 17233213 First Lien No Yes 120 360 17233215 First Lien No Yes 120 360 17233217 First Lien No Yes 120 360 17233220 First Lien No Yes 120 360 17233223 First Lien No Yes 120 360 17233224 First Lien No Yes 120 360 17233225 First Lien No No 0 360 17233228 First Lien No Yes 120 360 17233230 First Lien No No 0 360 17233231 First Lien No Yes 120 360 17233232 First Lien No Yes 120 360 17233234 First Lien No No 0 360 17233237 First Lien No Yes 120 360 17233244 First Lien No Yes 120 360 17233246 First Lien No Yes 120 360 17233247 First Lien No Yes 120 360 17233248 First Lien No Yes 120 360 17233258 First Lien No Yes 120 360 17233259 First Lien No Yes 120 360 17233261 First Lien No Yes 120 360 17233263 First Lien No Yes 120 360 17233278 First Lien No Yes 120 360 17233281 First Lien No Yes 120 360 17233035 First Lien No Yes 120 360 17247378 First Lien No Yes 120 360 17247379 First Lien No Yes 120 360 17247299 First Lien No No 0 360 17233027 First Lien No Yes 120 360 17247339 First Lien No Yes 120 360 17247260 First Lien No Yes 120 360 17247264 First Lien No Yes 120 480 17247358 First Lien No Yes 120 360 17247244 First Lien No Yes 120 360 17247332 First Lien No Yes 120 360 17247336 First Lien No Yes 120 360 17247338 First Lien No Yes 120 360 17247249 First Lien No Yes 120 360 17247319 First Lien No Yes 120 360 17247239 First Lien No Yes 120 360 17247313 First Lien No Yes 120 360 17247307 First Lien No Yes 120 360 17247308 First Lien No Yes 120 360 17233473 First Lien No Yes 120 360 17233474 First Lien No Yes 120 360 17247200 First Lien No Yes 120 360 17247205 First Lien No Yes 120 360 17247207 First Lien No Yes 120 360 17247220 First Lien No Yes 120 360 17233450 First Lien No Yes 120 360 17233371 First Lien No Yes 120 360 17233375 First Lien No Yes 120 360 17233380 First Lien No Yes 120 360 17233463 First Lien No No 0 360 17233382 First Lien No Yes 120 360 17233386 First Lien No No 0 360 17233468 First Lien No Yes 120 360 17233469 First Lien No Yes 120 360 17233471 First Lien No No 0 360 17233472 First Lien No Yes 120 360 17233194 First Lien No Yes 120 360 17233357 First Lien No Yes 120 360 17233358 First Lien No Yes 120 360 17233363 First Lien No No 0 360 17233365 First Lien No Yes 120 360 17233368 First Lien No Yes 120 360 17233369 First Lien No Yes 120 360 17233341 First Lien No Yes 120 360 17233187 First Lien No Yes 120 360 17233351 First Lien No Yes 120 360 17233330 First Lien No Yes 120 360 17233152 First Lien No Yes 120 360 17233315 First Lien No Yes 120 360 17233079 First Lien No Yes 120 360 17233403 First Lien No Yes 120 360 17233322 First Lien No Yes 120 360 17233405 First Lien No Yes 120 360 17233163 First Lien No Yes 120 360 17233325 First Lien No Yes 120 360 17233068 First Lien No Yes 120 360 17233308 First Lien No Yes 120 360 17233065 First Lien No Yes 120 360 17233146 First Lien No Yes 120 360 17233139 First Lien No Yes 120 360 17233048 First Lien No Yes 120 360 17233283 First Lien No Yes 120 360 17233286 First Lien No No 0 360 17232995 First Lien No Yes 120 360 17233200 First Lien No Yes 120 360 17233207 First Lien No Yes 120 360 17233210 First Lien No Yes 120 360 17233222 First Lien No Yes 120 360 17233227 First Lien No Yes 120 360 17233229 First Lien No Yes 120 360 17233238 First Lien No Yes 120 360 17233239 First Lien No Yes 120 360 17233250 First Lien No Yes 120 360 17233255 First Lien No Yes 120 360 17233270 First Lien No Yes 120 360 17233276 First Lien No Yes 120 360 17233279 First Lien No Yes 120 360 17151971 First Lien No Yes 120 360 17151933 First Lien No Yes 120 360 17151935 First Lien No Yes 120 360 17151950 First Lien No Yes 120 360 17151953 First Lien No Yes 120 360 17151974 First Lien No Yes 120 360 17151981 First Lien No Yes 120 360 17151983 First Lien No Yes 120 360 17151992 First Lien No Yes 120 360 17152002 First Lien No Yes 120 360 17152005 First Lien No Yes 120 360 17151917 First Lien No Yes 120 360 17151913 First Lien No No 0 360 17151976 First Lien No Yes 120 360 17151998 First Lien No Yes 120 360 17152007 First Lien No Yes 120 360
EXHIBIT
C
[RESERVED]
EXHIBIT
D-1
REQUEST
FOR RELEASE OF DOCUMENTS
To:
|
Xxxxx
Fargo Bank, N.A.
|
0000
00xx Xxxxxx
X.X.
Xxxxxxxxxxx,
XX 00000-0000
Attn: Inventory
Control
RE:
|
Custodial
Agreement, dated as of
|
May
31,
2007, among XXXX XX,
EMC
Mortgage Corporation, as a Seller and Master Servicer,
Master
Funding LLC, as a Seller,
Xxxxx
Fargo Bank, N.A., as Securities Administrator,
Xxxxx
Fargo Bank, N.A., as Custodian,
and
Citibank, N.A., as Trustee
In
connection with the administration of the Mortgage Loans held by you pursuant
to
the above-captioned Custodial Agreement, we request the release, and hereby
acknowledge receipt, of the Mortgage File for the Mortgage Loan described
below,
for the reason indicated.
Mortgage
Loan Number:
Mortgagor
Name, Address & Zip Code:
Reason
for Requesting Documents (check one):
_____
|
1.
|
Mortgage
Paid in Full and proceeds have been deposited into the Custodial
Account
|
_____
|
2.
|
Foreclosure
|
_____
|
3.
|
Substitution
|
_____
|
4.
|
Other
Liquidation
|
_____
|
5.
|
Nonliquidation Reason:
______________________
|
_____
|
6.
|
California
Mortgage Loan paid in full
|
By:
|
||||||||
(authorized
signer)
|
||||||||
Issuer:
|
||||||||
Address:
|
||||||||
Date:
|
EXHIBIT
D-2
REQUEST
FOR RELEASE OF DOCUMENTS
To:
|
Treasury
Bank, A Division of Countrywide Bank
FSB
|
0000
X. Xxx Xxxxxxx Xxxxxx
Xxxx
Xxxxxx, Xxxxxxxxxx
00000
Facsimile: (000)
000-0000
RE:
|
Custodial
Agreement, dated as of
|
May
31,
2007, among XXXX XX,
EMC
Mortgage Corporation, as a Seller and Master Servicer,
Master
Funding LLC, as a Seller,
Xxxxx
Fargo Bank, N.A., as Securities Administrator,
Treasury
Bank, A Division of Countrywide Bank, FSB, as custodian,
and
Citibank, N.A., as Trustee
In
connection with the administration of the Mortgage Loans held by you pursuant
to
the above-captioned Custodial Agreement, we request the release, and hereby
acknowledge receipt, of the Mortgage File for the Mortgage Loan described
below,
for the reason indicated.
Mortgage
Loan Number:
Mortgagor
Name, Address & Zip Code:
Reason
for Requesting Documents (check one):
_____
|
1.
|
Mortgage
Paid in Full and proceeds have been deposited into the Custodial
Account
|
_____
|
2.
|
Foreclosure
|
_____
|
3.
|
Substitution
|
_____
|
4.
|
Other
Liquidation
|
_____
|
5.
|
Nonliquidation Reason:
______________________
|
_____
|
6.
|
California
Mortgage Loan paid in full
|
By:
|
||||||||
(authorized
signer)
|
||||||||
Issuer:
|
||||||||
Address:
|
||||||||
Date:
|
EXHIBIT
E-1
FORM
OF
TRANSFEREE AFFIDAVIT AND AGREEMENT
Affidavit
pursuant to
Section
860E(e)(4) of
the
Internal Revenue
Code
of
1986, as
amended,
and for other purposes
STATE
OF
NEW
YORK )
)
ss:
COUNTY
OF
NEW
YORK )
The
undersigned is the [Title of Officer] of [_________] (the “Investor”), the
proposed transferee of an ownership interest in the Bear Xxxxxxx Arm Trust
Mortgage Pass-Through Certificates, Series 2007-4, Class
[R-I][R-II][R-III][R-IV] Certificates (the “Certificates”) issued pursuant to
the Pooling and Servicing Agreement, dated as of May 1, 2007 (the “Agreement”),
among Structured Asset Mortgage Investments II Inc. as depositor (the
“Depositor”), Xxxxx Fargo Bank, N.A., as securities administrator (the
“Securities Administrator”), EMC Mortgage Corporation, as seller and as master
servicer, and Citibank, N.A., as trustee (the “Trustee”), and makes this
affidavit on behalf of the Investor for the benefit of the Depositor, the
Securities Administrator, the Certificate Registrar and the
Trustee. Capitalized terms used, but not defined herein, shall have
the meanings ascribed to such terms in the Agreement.
1. The
Investor is, as of the date hereof, and will be, as of the date of the Transfer,
a Permitted Transferee. The Investor is not acquiring its ownership
interest in the Certificates for the account of a Person other than a Permitted
Transferee.
2. The
Investor has been advised and understands that (i) a tax will be imposed on
transfers of the Certificates to Persons that are not Permitted Transferees;
(ii) such tax will be imposed on the transferor, or, if such transfer is
through an agent (which includes a broker, nominee or middleman) for a Person
that is not a Permitted Transferee, on the agent; and (iii) the Person
otherwise liable for the tax shall be relieved of liability for the tax if
a
subsequent transferee furnishes to such Person an affidavit that such subsequent
transferee is a Permitted Transferee, and at the time of transfer, such Person
does not have actual knowledge that the affidavit is false.
3. The
Investor has been advised and understands that a tax will be imposed on a
“pass-through entity” holding the Certificates if at any time during the taxable
year of the pass-through entity a Person that is not a Permitted Transferee
is
the record holder of an interest in such entity. The Investor
understands that such tax will not be imposed for any period with respect
to
which the record holder furnishes to the pass-through entity an affidavit
that
such record holder is a Permitted Transferee and the pass-through entity
does
not have actual knowledge that such affidavit is false. (For this
purpose, a “pass-through entity” includes a regulated investment company, a real
estate investment trust or common trust fund, a partnership, trust or estate,
and certain cooperatives and, except as may be provided in Treasury regulations,
Persons holding interests in pass-through entities as a nominee for another
Person.)
4. The
Investor has reviewed the provisions of Section 5.05 of the Agreement and
understands the legal consequences of the acquisition of an ownership interest
in the Certificates, including, without limitation, the restrictions on
subsequent transfers and the provisions regarding voiding any prohibited
transfers and mandatory sales. The Investor expressly agrees to be
bound by, and to abide by, such provisions of the Agreement and the restrictions
noted on the face of the Certificates. The Investor understands and
agrees that any breach of any of the representations included herein shall
render the transfer of the Certificates to the Investor contemplated hereby
null
and void. The Investor consents to any amendment of the Agreement that shall
be
deemed necessary by the Tax Matters Person, the Trustee, the Securities
Administrator or the Depositor (upon advice of nationally recognized
counsel) to constitute a reasonable arrangement to ensure that the Certificates
will not be owned directly or indirectly by a Person other than a Permitted
Transferee.
5. The
Investor agrees not to transfer the Certificates, or cause the transfer of
the
Certificates by a Person for whom the Investor is acting as nominee, trustee
or
agent, in each case unless it has received an affidavit and agreement in
substantially the same form as this affidavit and agreement containing these
same representations and covenants from the subsequent transferee. In
connection with any such transfer by the Investor, the Investor agrees to
deliver to the Securities Administrator, the Certificate Registrar and the
Depositor an affidavit substantially in the form set forth as Exhibit P to
the Agreement to the effect that the Investor has no actual knowledge that
the
Person to which the transfer is to be made is not a Permitted
Transferee.
6. The
Investor has historically paid its debts as they have come due, intends to
pay
its debts as they come due in the future, and understands that the taxes
associated with holder an ownership interest in the Certificates may exceed
the
cash flow with respect thereto in some or all periods and intends to pay
such
taxes as they become due. The Investor does not have the intention,
and no purpose of the transfer of the Certificates to the Investor is, to
impede
the assessment or collection of any tax legally required to be paid with
respect
to the Certificates.
7. The
Investor’s U.S. taxpayer identification number is #[__________].
8. The
Investor is a “United States person” within the meaning of Section 7701(a)(30)
of the Code (a “United State Person”).
9. The
Investor is aware that the Certificates may be a “noneconomic residual interest”
within the meaning of Treasury regulations promulgated under Section 860E
of the
Code and that the transferor of a noneconomic residual interest will remain
liable for any taxes due with respect to the income on such residual interest,
unless no significant purpose of the transfer was to impede the assessment
or
collection of tax.
10. The
Investor will not cause income from the Certificates to be attributable to
a
foreign permanent establishment or fixed base, within the meaning of an
applicable income tax treaty, of the Investor or any other United States
Person.
11. Check
one
of the following:
o
The transfer of the Certificates complies with U.S. Treasury Regulation Sections
1.860E-1(c)(7) and (8) and, accordingly:
(i) the
present value of the anticipated tax liabilities associated with holding
the
Certificates does not exceed the sum of:
|
(a) the
present value of any consideration given to the Investor to acquire
such
Certificates;
|
|
(b) the
present value of the expected future distributions on such Certificates;
and
|
|
(c) the
present value of the anticipated tax savings associated with holding
such
Certificates as the related REMIC generates losses;
and
|
(ii) the
transfer of the Certificates will not result in such Certificates being held,
directly or indirectly, by a foreign permanent establishment or fixed base,
within the meaning of an applicable income tax treaty, of the Investor or
any
other United States Person.
For
purposes of the calculation in clause (i) above, (x) the Investor is assumed
to
pay tax at the highest rate currently specified in Section 11(b)(1) of the
Code
(but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of
the highest rate specified in Section 11(b)(1) of the Code if the Investor
has
been subject to the alternative minimum tax under Section 55 of the Code
in the
preceding two years and will compute its taxable income in the current taxable
year using the alternative minimum tax rate) and (y) present values are computed
using a discount rate equal to the short-term Federal rate prescribed by
Section
1274(d) of the Code for the month of the transfer and the compounding period
used by the Investor.
o
The transfer of the Certificates complies with U.S. Treasury Regulation Sections
1.860E-1(c)(5) and (6) and, accordingly:
(i)
|
the
Investor is an “eligible corporation,” as defined in U.S. Treasury
Regulation Section 1.860E-1(c)(6)(i), as to which income from the
Certificates will only be taxed in the United
States;
|
(ii)
|
at
the time of the transfer, and at the close of the Investor’s two fiscal
years preceding the fiscal year of the transfer, the Investor had
gross
assets for financial reporting purposes (excluding any obligation
of a
“related person” to the Investor within the meaning of U.S. Treasury
Regulation Section 1.860E-1(c)(6)(ii) and any other asset the principal
purpose of which is to permit the Investor to satisfy the condition
of
this clause (ii)) in excess of $100 million and net assets in excess
of
$10 million;
|
(iii)
|
the
Investor will transfer the Certificates only to another “eligible
corporation,” as defined in U.S. Treasury Regulation Section
1.860E-1(c)(6)(i), in a transaction in which the requirements of
U.S. Treasury Regulation Sections 1.860E-1(c)(4)(i), (ii) and (iii)
and -1(c)(5) are satisfied and, accordingly, the subsequent transferee
provides a similar affidavit with this box checked;
and
|
(iv)
|
the
Investor determined the consideration paid to it to acquire the
Certificates based on reasonable market assumptions (including,
but not
limited to, borrowing and investment rates, prepayment and loss
assumptions, expense and reinvestment assumptions, tax rates and
other
factors specific to the Investor) that it has determined in good
faith and
has concluded that such consideration, together with other assets
of the
Investor, will be sufficient to cover the taxes associated with
the
Certificates.
|
IN
WITNESS WHEREOF, the Investor has caused this instrument to be executed on
its
behalf, pursuant to the authority of its Board of Directors, by its managing
director as of the ___ day of ___________, 2____.
[__________________________]
|
By:_________________________
|
Name:
|
Title:
|
[Address]
|
Address
of Investor for
|
receipt
of tax
|
information:
|
[_________]
|
Personally
appeared before me the above-named ____________, known or proved to me to
be the
same person who executed the foregoing instrument and to be the Managing
Director of the Owner, and acknowledged to me that he executed the same as
his
free act and deed and the free act and deed of the Investor.
Subscribed
and sworn before me this ___ day of ___________, 2____.
________________________
NOTARY
PUBLIC
COUNTY
OF
NEW YORK
STATE
OF
NEW YORK
My
commission expires the ___ day of _____________, ______.
[SEAL]
EXHIBIT
E-2
FORM
OF TRANSFEROR CERTIFICATE
______________,200___
Xxxxx
Fargo Bank, N.A.
Xxxxx
Xxxxxx xxx Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx,
Xxxxxxxxx 00000
Structured
Asset Mortgage Investments II Inc.
000
Xxxxxxx Xxxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
Attention:
Structured Asset Mortgage Investments II Inc. 2007-4
Re:
|
Structured
Asset Mortgage Investments II Inc.
Bear
Xxxxxxx ARM Trust, Mortgage Pass-Through Certificates,
Series
2007-4, Class
|
Ladies
and Gentlemen:
In
connection with the sale by ___________ (the “[Transferor]”) to ________ (the
“Purchaser”) of $_________ Initial Certificate Principal Balance of Bear Xxxxxxx
ARM Trust, Mortgage Pass-Through Certificates, Series 2007-4, Class _____
(the
“Certificates”), issued pursuant to the Pooling and Servicing Agreement (the
“Pooling and Servicing Agreement”), dated as of May 1, 2007, among Structured
Asset Mortgage Investments II Inc., as depositor (the “Depositor”), EMC Mortgage
Corporation, as master servicer and seller, Xxxxx Fargo Bank, National
Association, as securities administrator and Citibank, N.A., as trustee (the
“Trustee”). The [Transferor] hereby certifies, represents and warrants to, a
covenants with, the Depositor, the Certificate Registrar and the Trustee
that:
Neither
the [Transferor] nor anyone acting on its behalf has (a) offered, pledged,
sold,
disposed of or otherwise transferred any Certificate, any interest in any
Certificate or any other similar security to any person in any manner, (b)
has
solicited any offer to buy or to accept a pledge, disposition or other transfer
of any Certificate, any interest in any Certificate or any other similar
security from any person in any manner, (c) has otherwise approached or
negotiated with respect to any Certificate, any interest in any Certificate
or
any other similar security with any person in any manner, (d) has made any
general solicitation by means of general advertising or in any other manner,
or
(e) has taken any other action, that (as to any of (a) through (e) above)
would
constitute a distribution of the Certificates under the Securities Act of
1933
(the “Act”), that would render the disposition of any Certificate a violation of
Section 5 of the Act or any state securities law, or that would require
registration or qualification pursuant thereto. The [Transferor] will not
act in
any manner set forth in the foregoing sentence with respect to any Certificate.
The [Transferor] has not and will not sell or otherwise transfer any of the
Certificates, except in compliance with the provisions of the Pooling and
Servicing Agreement.
Very
truly yours,
|
||||||||||||||
([Transferor])
|
||||||||||||||
By:
|
||||||||||||||
Name:
|
||||||||||||||
Title:
|
EXHIBIT
F-1
FORM
OF
INVESTMENT LETTER
[Date]
[SELLER]
Xxxxx
Fargo Bank, N.A.
Xxxxx
Xxxxxx xxx Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx,
Xxxxxxxxx 00000
Structured
Asset Mortgage Investments II Inc.
000
Xxxxxxx Xxxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
Re:
|
Structured
Asset Mortgage Investments II Inc., Bear Xxxxxxx ARM Trust, Series
2007-4
Mortgage Pass-Through Certificates (the “Certificates”), including the
Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class II-B-5
and
Class II-B-6 Certificates (the “Privately Offered
Certificates”)
|
Dear
Ladies and Gentlemen:
In
connection with our purchase of Privately Offered Certificates, we confirm
that:
|
(i)
|
we
understand that the Privately Offered Certificates are not being
registered under the Securities Act of 1933, as amended (the “Act”) or any
applicable state securities or “Blue Sky” laws, and are being sold to us
in a transaction that is exempt from the registration requirements
of such
laws;
|
|
(ii)
|
any
information we desired concerning the Certificates, including the
Privately Offered Certificates, the trust in which the Certificates
represent the entire beneficial ownership interest (the “Trust”) or any
other matter we deemed relevant to our decision to purchase Privately
Offered Certificates has been made available to
us;
|
|
(iii)
|
we
are able to bear the economic risk of investment in Privately Offered
Certificates; we are an institutional “accredited investor” as defined in
Section 501(a) of Regulation D promulgated under the Act and a
sophisticated institutional
investor;
|
|
(iv)
|
we
are acquiring Privately Offered Certificates for our own account,
not as
nominee for any other person, and not with a present view to any
distribution or other disposition of the Privately Offered
Certificates;
|
|
(v)
|
we
agree the Privately Offered Certificates must be held indefinitely
by us
(and may not be sold, pledged, hypothecated or in any way disposed
of)
unless subsequently registered under the Act and any applicable
state
securities or “Blue Sky” laws or an exemption from the registration
requirements of the Act and any applicable state securities or
“Blue Sky”
laws is available;
|
|
(vi)
|
we
agree that in the event that at some future time we wish to dispose
of or
exchange any of the Privately Offered Certificates (such disposition
or
exchange not being currently foreseen or contemplated), we will
not
transfer or exchange any of the Privately Offered Certificates
unless:
|
(A)
(1)
the sale is to an Eligible Purchaser (as defined below), (2) if required
by the
Pooling and Servicing Agreement (as defined below) a letter to substantially
the
same effect as either this letter or, if the Eligible Purchaser is a Qualified
Institutional Buyer as defined under Rule 144A of the Act, the Rule 144A
and
Related Matters Certificate in the form attached to the Pooling and Servicing
Agreement (as defined below) (or such other documentation as may be acceptable
to the Securities Administrator) is executed promptly by the purchaser and
delivered to the addressees hereof and (3) all offers or solicitations in
connection with the sale, whether directly or through any agent acting on
our
behalf, are limited only to Eligible Purchasers and are not made by means
of any
form of general solicitation or general advertising whatsoever; and
(B) if
the Privately Offered Certificate is not registered under the Act (as to
which
we acknowledge you have no obligation), the Privately Offered Certificate
is
sold in a transaction that does not require registration under the Act and
any
applicable state securities or “blue sky” laws and, if the Securities
Administrator so requests, a satisfactory Opinion of Counsel is furnished
to such effect, which Opinion of Counsel shall be an expense of the transferor
or the transferee;
|
(vii)
|
we
agree to be bound by all of the terms (including those relating
to
restrictions on transfer) of the Pooling and Servicing, pursuant
to which
the Trust was formed; we have reviewed carefully and understand
the terms
of the Pooling and Servicing
Agreement;
|
|
(viii)
|
we
either: (i) are not acquiring the Privately Offered Certificate
directly
or indirectly by, or on behalf of, an employee benefit plan or
other
retirement arrangement which is subject to Title I of the Employee
Retirement Income Security Act of 1974, as amended, or Section
4975 of the
Internal Revenue Code of 1986, as amended, or (ii) are providing
a
representation to the effect that the proposed transfer and holding
of a
Privately Offered Certificate and the servicing, management and
operation
of the Trust and its assets: (I) will not result in any prohibited
transaction which is not covered under an individual or class prohibited
transaction exemption, including, but not limited to, Prohibited
Transaction Class Exemption (“PTCE”) 84-14, XXXX 00-00, XXXX 00-0, XXXX
95-60, or PTCE 96-23 and (II) will not give rise to any additional
obligations on the part of the Depositor, the Master Servicer,
the
Securities Administrator or the Trustee or (iii) have attached
hereto the
opinion specified in Section 5.07 of the
Agreement.
|
|
(ix)
|
We
understand that each of the Privately Offered Certificates bears,
and will
continue to bear, a legend to substantiate the following effect:
“THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE
SECURITIES LAWS. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE,
AGREES
THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE
TRANSFERRED ONLY IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER
APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE 144A UNDER THE SECURITIES
ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A
QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A (A
“QIB”),
PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT
OF A
QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER,
RESALE,
PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A,
(2)
PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144
UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN
“INSTITUTIONAL ACCREDITED INVESTOR” WITHIN THE MEANING THEREOF IN RULE
501(a)(1), (2), (3) or (7) OF REGULATION D UNDER THE ACT OR ANY
ENTITY IN
WHICH ALL OF THE EQUITY OWNERS COME WITHIN SUCH PARAGRAPHS PURCHASING
NOT
FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, SUBJECT TO
(A) THE
RECEIPT BY THE CERTIFICATE REGISTRAR OF A LETTER SUBSTANTIALLY
IN THE FORM
PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY THE CERTIFICATE
REGISTRAR
OF SUCH OTHER EVIDENCE ACCEPTABLE TO THE CERTIFICATE REGISTRAR
THAT SUCH
REOFFER, RESALE, PLEDGE OR TRANSFER IS IN COMPLIANCE WITH THE SECURITIES
ACT AND OTHER APPLICABLE LAWS OR IN EACH CASE IN ACCORDANCE WITH
ALL
APPLICABLE SECURITIES LAWS OF THE UNITED STATES AND ANY OTHER APPLICABLE
JURISDICTION. THIS CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR
INDIRECTLY
BY, OR ON BEHALF OF, AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT WHICH IS SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT
INCOME
SECURITY ACT OF 1974, AS AMENDED, OR SECTION 4975 OF THE INTERNAL
REVENUE
CODE OF 1986, AS AMENDED, UNLESS THE PROPOSED TRANSFER AND HOLDING
OF A
CERTIFICATE AND THE SERVICING, MANAGEMENT AND OPERATION OF THE
TRUST AND
ITS ASSETS: (1) WILL NOT RESULT IN ANY PROHIBITED TRANSACTION WHICH
IS NOT
COVERED UNDER AN INDIVIDUAL OR CLASS PROHIBITED TRANSACTION EXEMPTION,
INCLUDING, BUT NOT LIMITED TO, PROHIBITED TRANSACTION CLASS EXEMPTION
(“PTCE”) 84-14, XXXX 00-00, XXXX 00-0, XXXX 95-60 OR PTCE 96-23 AND (II)
WILL NOT GIVE RISE TO ANY ADDITIONAL OBLIGATIONS ON THE PART OF
THE
DEPOSITOR, THE MASTER SERVICER, THE SECURITIES ADMINISTRATOR OR
THE
TRUSTEE, WHICH WILL BE DEEMED REPRESENTED BY AN OWNER OF A BOOK-ENTRY
CERTIFICATE OR A GLOBAL CERTIFICATE OR UNLESS THE OPINION PROVIDED
IN
SECTION 5.07 OF THE AGREEMENT IS
PROVIDED.”
|
“Eligible
Purchaser” means a corporation, partnership or other entity which we have
reasonable grounds to believe and do believe (i) can make representations
with
respect to itself to substantially the same effect as the representations
set
forth herein, and (ii) is either a Qualified Institutional Buyer as defined
under Rule 144A of the Act or an institutional “Accredited Investor” as defined
under Rule 501 of the Act.
Terms
not
otherwise defined herein shall have the meanings assigned to them in the
Pooling
and Servicing Agreement, dated as of May 1, 2007, among Structured Asset
Mortgage Investments II Inc., EMC Mortgage Corporation as seller and master
servicer , Xxxxx Fargo Bank, N.A. as securities administrator, and Citibank,
N.A., as Trustee (the “Pooling and Servicing Agreement”).
If
the
Purchaser proposes that its Certificates be registered in the name of a nominee
on its behalf, the Purchaser has identified such nominee below, and has caused
such nominee to complete the Nominee Acknowledgment at the end of this
letter.
Name
of
Nominee (if
any):
IN
WITNESS WHEREOF, this document has been executed by the undersigned who is
duly
authorized to do so on behalf of the undersigned Eligible Purchaser on the
___
day of ________, 20___.
Very
truly yours,
|
|||||||||||||
[PURCHASER]
|
|||||||||||||
By:
|
|||||||||||||
(Authorized
Officer)
|
|||||||||||||
[By:
|
|||||||||||||
Attorney-in-fact]
|
Nominee
Acknowledgment
The
undersigned hereby acknowledges and agrees that as to the Certificates being
registered in its name, the sole beneficial owner thereof is and shall be
the
Purchaser identified above, for whom the undersigned is acting as
nominee.
[NAME
OF NOMINEE]
|
|||||||||||||
By:
|
|||||||||||||
(Authorized
Officer)
|
|||||||||||||
[By:
|
|||||||||||||
Attorney-in-fact]
|
EXHIBIT
F-2
FORM
OF
RULE 144A AND RELATED MATTERS CERTIFICATE
[SELLER] |
[Date]
|
Xxxxx
Fargo Bank, N.A.
Xxxxx
Xxxxxx xxx Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx,
Xxxxxxxxx 00000
Structured
Asset Mortgage Investments II Inc.
000
Xxxxxxx Xxxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
Re: | Structured Asset Mortgage Investments II Inc., Bear Xxxxxxx ARM Trust, Series 2007-4 Mortgage Pass-Through Certificates, Class I-B-4, Class I-B-5, Class I-B-6, Class II-B-4, Class II-B-5 and Class II-B-6 Certificates (the “Privately Offered Certificates”) |
Dear
Ladies and Gentlemen:
In
connection with our purchase of Privately Offered Certificates, the undersigned
certifies to each of the parties to whom this letter is addressed that it
is a
qualified institutional buyer (as defined in Rule 144A under the Securities
Act
of 1933, as amended (the “Act”)) as follows:
1.
|
It
owned and/or invested on a discretionary basis eligible securities
(excluding affiliate’s securities, bank deposit notes and CD’s, loan
participations, repurchase agreements, securities owned but subject
to a
repurchase agreement and swaps), as described
below:
|
Date:
______________, 20__ (must be on or after the close of its most recent fiscal
year)
Amount:
$
_____________________; and
2.
|
The
dollar amount set forth above is:
|
|
a.
|
greater than $100 million and the undersigned is one of the following
entities:
|
(x)
|
[
]
|
an
insurance company as defined in Section 2(13) of the Act1; or
|
|
(y)
|
[
]
|
an
investment company registered under the Investment Company Act
or any
business development company as defined in Section 2(a)(48) of
the
Investment Company Act of 1940; or
|
|
(z)
|
[
]
|
a
Small Business Investment Company licensed by the U.S. Small Business
Administration under Section 301(c) or (d) of the Small Business
Investment Act of 1958; or
|
1 A
purchase by an insurance company for one or more of its separate accounts,
as
defined by Section 2(a)(37) of the Investment Company Act of 1940, which
are
neither registered nor required to be registered thereunder, shall be
deemed to
be a purchase for the account of such insurance company.
(aa)
|
[
]
|
a
plan (i) established and maintained by a state, its political
subdivisions, or any agency or instrumentality of a state or its
political
subdivisions, the laws of which permit the purchase of securities
of this
type, for the benefit of its employees and (ii) the governing investment
guidelines of which permit the purchase of securities of this type;
or
|
|
(bb)
|
[
]
|
a
business development company as defined in Section 202(a)(22) of
the
Investment Advisers Act of 1940; or
|
|
(cc)
|
[
]
|
a
corporation (other than a U.S. bank, savings and loan association
or
equivalent foreign institution), partnership, Massachusetts or
similar
business trust, or an organization described in Section 501(c)(3)
of the
Internal Revenue Code; or
|
|
(dd)
|
[
]
|
a
U.S. bank, savings and loan association or equivalent foreign institution,
which has an audited net worth of at least $25 million as demonstrated
in
its latest annual financial statements; or
|
|
(ee)
|
[
]
|
an
investment adviser registered under the Investment Advisers Act;
or
|
b.
|
[
]
|
greater
than $10 million, and the undersigned is a broker-dealer registered
with
the SEC; or
|
|
c.
|
[
]
|
less
than $10 million, and the undersigned is a broker-dealer registered
with
the SEC and will only purchase Rule 144A securities in transactions
in
which it acts as a riskless principal (as defined in Rule 144A);
or
|
|
d.
|
[
]
|
less
than $100 million, and the undersigned is an investment company
registered
under the Investment Company Act of 1940, which, together with
one or more
registered investment companies having the same or an affiliated
investment adviser, owns at least $100 million of eligible securities;
or
|
|
e.
|
[
]
|
less
than $100 million, and the undersigned is an entity, all the equity
owners
of which are qualified institutional buyers.
|
|
The
undersigned further certifies that it is purchasing a Privately Offered
Certificate for its own account or for the account of others that independently
qualify as “Qualified Institutional Buyers” as defined in Rule 144A. It is aware
that the sale of the Privately Offered Certificates is being made in reliance
on
its continued compliance with Rule 144A. It is aware that the transferor
may
rely on the exemption from the provisions of Section 5 of the Act provided
by
Rule 144A. The undersigned understands that the Privately Offered Certificates
may be resold, pledged or transferred only to (i) a person reasonably believed
to be a Qualified Institutional Buyer that purchases for its own account
or for
the account of a Qualified Institutional Buyer to whom notice is given that
the
resale, pledge or transfer is being made in reliance in Rule 144A, or (ii)
an
institutional “accredited investor,” as such term is defined under Rule 501 of
the Act in a transaction that otherwise does not constitute a public
offering.
The
undersigned agrees that if at some future time it wishes to dispose of or
exchange any of the Privately Offered Certificates, it will not transfer
or
exchange any of the Privately Offered Certificates to a Qualified Institutional
Buyer without first obtaining a Rule 144A and Related Matters Certificate
in the
form hereof from the transferee and delivering such certificate to the
addressees hereof. Prior to making any transfer of Privately Offered
Certificates, if the proposed Transferee is an institutional “accredited
investor,” the transferor shall obtain from the transferee and deliver to the
addressees hereof an Investment Letter in the form attached to the Pooling
and
Servicing Agreement, dated as of May 1, 2007, among Structured Asset Mortgage
Investments II Inc., Xxxxx Fargo Bank, N.A., EMC Mortgage Corporation and
Citibank, N.A., as Trustee, pursuant to Certificates were issued.
The
undersigned certifies that it either: (i) is not acquiring the Privately
Offered
Certificate directly or indirectly by, or on behalf of, an employee benefit
plan
or other retirement arrangement which is subject to Title I of the Employee
Retirement Income Security Act of 1974, as amended, or Section 4975 of the
Internal Revenue Code of 1986, as amended, or (ii) is providing a representation
or an opinion of counsel to the effect that the proposed transfer and holding
of
a Privately Offered Certificate and the servicing, management and operation
of
the Trust and its assets: (I) will not result in any prohibited transaction
which is not covered under a prohibited transaction exemption, including,
but
not limited to, Prohibited Transaction Class Exemption (“PTCE”) 84-14, XXXX
00-00, XXXX 00-0, XXXX 95-60, PTCE 96-23 and (II) will not give rise to any
additional obligations on the part of the Depositor, the Master Servicer,
the
Securities Administrator or the Trustee or (iii) has attached hereto the
opinion
specified in Section 5.07 of the Agreement.
If
the
Purchaser proposes that its Certificates be registered in the name of a nominee
on its behalf, the Purchaser has identified such nominee below, and has caused
such nominee to complete the Nominee Acknowledgment at the end of this
letter.
Name
of
Nominee (if any):
IN
WITNESS WHEREOF, this document has been executed by the undersigned who is
duly
authorized to do so on behalf of the undersigned Eligible Purchaser on the
____
day of ___________, 20___.
Very
truly yours,
|
|||||||||||||
[PURCHASER]
|
|||||||||||||
By:
|
|||||||||||||
(Authorized
Officer)
|
|||||||||||||
[By:
|
|||||||||||||
Attorney-in-fact]
|
NOMINEE
ACKNOWLEDGMENT
The
undersigned hereby acknowledges and agrees that as to the Certificates being
registered in its name, the sole beneficial owner thereof is and shall be
the
Purchaser identified above, for whom the undersigned is acting as
nominee.
[NAME
OF NOMINEE]
|
|||||||||||||
By:
|
|||||||||||||
(Authorized
Officer)
|
|||||||||||||
[By:
|
|||||||||||||
Attorney-in-fact]
|
EXHIBIT
G-1
FORM
OF
XXXXX FARGO CUSTODIAL AGREEMENT
THIS
CUSTODIAL AGREEMENT (as amended and supplemented from time to time, the
“Agreement’), dated as of May 31, 2007, by and among CITIBANK, N.A., not
individually but solely as trustee under the Pooling and Servicing Agreement
defined below (including its successors under the Pooling and Servicing
Agreement defined below, the “Trustee”), STRUCTURED ASSET MORTGAGE INVESTMENTS
II INC., as depositor (together with any successor in interest, the
“Depositor”), EMC MORTGAGE CORPORATION, as a seller (in such capacity, “EMC”)
and as master servicer (together with any successor in interest or successor
under the Pooling and Servicing Agreement referred to below, the “Master
Servicer”), XXXXX FARGO BANK, NATIONAL ASSOCIATION, as securities administrator
(in such capacity, the “Securities Administrator”) and custodian (together with
any successor in interest or any successor appointed hereunder, the “Custodian”)
and MASTER FUNDING LLC, as a seller (“Master Funding”, and together with EMC,
the “Sellers”).
WITNESSETH
THAT:
WHEREAS,
the Depositor, EMC, the Master Servicer, the Securities Administrator and
the
Trustee have entered into a Pooling and Servicing Agreement, dated as of
May 1,
2007, relating to the issuance of Bear Xxxxxxx ARM Trust 2007-4, Mortgage
Pass-Through Certificates, Series 2007-4 (as in effect on the date of this
agreement, the “Original Pooling and Servicing Agreement,” and as amended and
supplemented from time to time, the “Pooling and Servicing Agreement”);
and
WHEREAS,
the Custodian has agreed to act as agent for the Trustee for the purposes
of
receiving and holding certain documents and other instruments delivered by
the
Depositor, the Sellers or the Master Servicer under the Pooling and Servicing
Agreement and the Servicers under their respective Servicing Agreements,
all
upon the terms and conditions and subject to the limitations hereinafter
set
forth;
NOW,
THEREFORE, in consideration of the premises and the mutual covenants and
agreements hereinafter set forth, the Trustee, the Depositor, the Sellers,
the
Master Servicer and the Custodian hereby agree as follows:
ARTICLE
I
DEFINITIONS
Capitalized
terms used in this Agreement and not defined herein shall have the meanings
assigned in the Original Pooling and Servicing Agreement, unless otherwise
required by the context herein.
ARTICLE
II
CUSTODY
OF MORTGAGE DOCUMENTS
Section
2.1 Custodian
to Act as Agent: Acceptance of Mortgage
Files. The Custodian, as the duly appointed custodial
agent of the Trustee for these purposes, acknowledges (subject to any exceptions
noted in the Initial Certification referred to in Section 2.3(a)), receipt
of
the Mortgage Files relating to the Mortgage Loans identified on the schedule
attached hereto (the “Mortgage Files”) and declares that it holds and will hold
such Mortgage Files as agent for the Trustee, in trust, for the use and benefit
of all present and future Certificateholders.
Section
2.2 Recordation
of Assignments. If any Mortgage File includes one or more
assignments of Mortgage to the Trustee in a state which is
specifically excluded from the Opinion of Counsel delivered by the Seller
to the
Trustee and the Custodian pursuant to the provisions of Section 2.01 of the
Pooling and Servicing Agreement, each such assignment shall be delivered
by the
Custodian to the Depositor for the purpose of recording it in the appropriate
public office for real property records, and the Depositor, at no expense
to the
Custodian, shall promptly cause to be recorded in the appropriate public
office
for real property records each such assignment of Mortgage and, upon receipt
thereof from such public office, shall return each such assignment of Mortgage
to the Custodian.
Section
2.3 Review
of Mortgage Files.
(a) On
or
prior to the Closing Date, in accordance with Section 2.02 of the Pooling
and
Servicing Agreement, the Custodian shall deliver to the Depositor, EMC (on
its
own behalf and on behalf of Master Funding), the Master Servicer and the
Trustee
an Initial Certification in the form annexed hereto as Exhibit One evidencing
receipt (subject to any exceptions noted therein) of a Mortgage File for
each of
the Mortgage Loans listed on the Schedule attached hereto (the “Mortgage Loan
Schedule”).
(b) Within
90
days of the Closing Date, the Custodian agrees, for the benefit of
Certificateholders, to review, in accordance with the provisions of Section
2.02
of the Pooling and Servicing Agreement, each such document, and shall deliver
to
the Depositor, EMC (on its own behalf and on behalf of Master Funding), the
Master Servicer and the Trustee an Interim Certification in the form annexed
hereto as Exhibit Two to the effect that all such documents 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. The Custodian shall be under no duty
or
obligation to inspect, review or examine said documents, instruments,
certificates or other papers to determine that the same are genuine,
enforceable, or appropriate for the represented purpose or that they have
actually been recorded or that they are other than what they purport to be
on
their face.
(c) Not
later
than 180 days after the Closing Date, the Trustee or the Custodian shall
review
the Mortgage Files as provided in Section 2.02 of the Pooling and Servicing
Agreement and deliver to the Depositor, EMC (on its own behalf and on behalf
of
Master Funding), the Master Servicer and the Trustee a Final Certification
in
the form annexed hereto as Exhibit Three evidencing the completeness of the
Mortgage Files.
(d) In
reviewing the Mortgage Files as provided herein and in the Pooling and Servicing
Agreement, the Custodian shall make no representation as to and shall not
be
responsible to verify (i) the validity, legality, enforceability, due
authorization, recordability, sufficiency or genuineness of any of the documents
included in any Mortgage File or (ii) the collectibility, insurability,
effectiveness or suitability of any of the documents in any Mortgage
File.
Upon
receipt of written request from the Trustee, the Custodian shall as soon
as
practicable supply the Trustee with a list of all of the documents relating
to
the Mortgage Loans missing from the Mortgage Files.
Section
2.4 Notification
of Breaches of Representations and Warranties. Upon discovery by
the Custodian of a breach of any representation or warranty made by the
Depositor as set forth in the Pooling and Servicing Agreement with respect
to a
Mortgage Loan relating to a Mortgage File, the Custodian shall give prompt
written notice to the Depositor, the related Servicer and the
Trustee.
Section
2.5 Custodian
to Cooperate: Release of Mortgage Files. Upon receipt of written
notice from the Trustee that the Seller has repurchased a Mortgage Loan pursuant
to Article II of the Pooling and Servicing Agreement, and that the purchase
price therefore has been deposited in the Distribution Account, then the
Custodian agrees to promptly release to the Seller the related Mortgage
File.
Upon
the
Custodian’s receipt of a request for release (a “Request for Release”)
substantially in the form of Exhibit D to the Pooling and Servicing Agreement
signed by a Servicing Officer of the related Servicer stating that it has
received payment in full of a Mortgage Loan or that payment in full will
be
escrowed in a manner customary for such purposes, the Custodian agrees promptly
to release to the related Servicer the related Mortgage File. The Depositor
shall deliver to the Custodian and the Custodian agrees to accept the Mortgage
Note and other documents constituting the Mortgage File with respect to any
Substitute Mortgage Loan.
From
time
to time as is appropriate for the servicing or foreclosure of any Mortgage
Loan,
including, for this purpose, collection under any Primary Insurance Policy,
the
related Servicer (or if the Servicer does not, the Master Servicer) shall
deliver to the Custodian a Request for Release signed by a Servicing Officer
requesting that possession of all of the Mortgage File be released to the
related 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 of the Insurance Policies. Upon receipt of the
foregoing, the Custodian shall deliver the Mortgage File to the related
Servicer. The related Servicer shall cause each Mortgage File or any document
therein so released to be returned to the Custodian when the need therefore
by
the related 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 Distribution Account or (ii) the Mortgage File or
such document has been delivered 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 related Servicer has delivered to the
Custodian 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.
At
any
time that a Servicer is required to deliver to the Custodian a Request for
Release, the Servicer shall deliver two copies of the Request for Release
if
delivered in hard copy or the Servicer may furnish such Request for Release
electronically to the Custodian, in which event the Servicing Officer
transmitting the same shall be deemed to have signed the Request for Release.
In
connection with any Request for Release of a Mortgage File because of a
repurchase of a Mortgage Loan, such Request for Release shall be followed
by an
assignment of mortgage, without recourse, representation or warranty from
the
Trustee to the Seller and the related Mortgage Note shall be endorsed without
recourse by the Trustee and be returned to the Seller; provided, however,
that
in the case of a Mortgage Loan that is registered on the MERS System or has
been
assigned in blank pursuant to clause (iii) of Section 2.01 of the Pooling
and
Servicing Agreement, no assignment of mortgage or endorsement of the Mortgage
Note by the Trustee shall be required. In connection with any Request for
Release of a Mortgage File because of the payment in full of a Mortgage Loan,
such Request for Release shall be accompanied by a certificate of satisfaction
or other similar instrument to be executed by or on behalf of the Trustee
and
returned to the related Servicer.
Section
2.6 Assumption
Agreements. In the event that any assumption agreement,
substitution of liability agreement or sale of servicing agreement is entered
into with respect to any Mortgage Loan subject to this Agreement in accordance
with the terms and provisions of the Pooling and Servicing Agreement, the
Master
Servicer, to the extent provided in the related Servicing Agreement, shall
cause
the related Servicer to notify the Custodian that such assumption or
substitution agreement has been completed by forwarding to the Custodian
the
original of such assumption or substitution agreement, which shall be added
to
the related Mortgage File and, for all purposes, shall be considered a part
of
such Mortgage File to the same extent as all other documents and instruments
constituting parts thereof.
ARTICLE
III
CONCERNING
THE CUSTODIAN
Section
3.1 Custodian
as Bailee and Agent of the Trustee. With respect to each Mortgage
Note, Mortgage and other documents constituting each Mortgage File which
are
delivered to the Custodian, the Custodian is exclusively the bailee and
custodial agent of the Trustee and has no instructions to hold any Mortgage
Note
or Mortgage for the benefit of any person other than the Trustee and the
Certificateholders and undertakes to perform such duties and only such duties
as
are specifically set forth in this Agreement and in the Pooling and Servicing
Agreement. Except upon compliance with the provisions of Section 2.5 of this
Agreement, no Mortgage Note, Mortgage or Mortgage File shall be delivered
by the
Custodian to the Depositor, the Servicers or the Master Servicer or otherwise
released from the possession of the Custodian.
Section
3.2 Reserved.
Section
3.3 Custodian
May Own Certificates. The Custodian 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 Custodian.
Section
3.4 Custodian’s
Fees and Expenses. The Master Servicer covenants and agrees to
pay to the Custodian from time to time, and the Custodian shall be entitled
to,
reasonable compensation for all services rendered by it in the exercise and
performance of any of the powers and duties hereunder of the Custodian pursuant
to an agreement between the Master Servicer and the Custodian, and the Custodian
will be entitled to be paid or reimbursed by the Trust upon its request for
all
reasonable expenses, disbursements and advances incurred or made by the
Custodian 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), except any such expense,
disbursement or advance as may arise from its negligence or bad faith or
to the
extent that such cost or expense is indemnified by the Depositor pursuant
to the
Pooling and Servicing Agreement.
Section
3.5 Custodian
May Resign Trustee May Remove Custodian. The Custodian may resign
from the obligations and duties hereby imposed upon it as such obligations
and
duties relate to its acting as Custodian of the Mortgage Loans. Upon receiving
such written notice of resignation, the Trustee shall either take custody
of the
Mortgage Files itself and give prompt written notice thereof to the Depositor,
the Master Servicer and the Custodian, or promptly appoint a successor Custodian
by written instrument, in duplicate, one copy of which instrument shall be
delivered to the resigning Custodian and one copy to the successor Custodian.
If
the Trustee shall not have taken custody of the Mortgage Files and no successor
Custodian shall have been so appointed and have accepted appointment within
30
days after the giving of such written notice of resignation, the resigning
Custodian may petition any court of competent jurisdiction for the appointment
of a successor Custodian.
The
Trustee may remove the Custodian at any time with the consent of the Master
Servicer. In such event, the Trustee shall appoint, or petition a court of
competent jurisdiction to appoint, a successor Custodian hereunder. Any
successor Custodian shall be a depository institution subject to supervision
or
examination by federal or state authority, shall be able to satisfy the other
requirements contained in Section 3.7 and shall be unaffiliated with the
Servicer or the Depositor.
Any
resignation or removal of the Custodian and appointment of a successor Custodian
pursuant to any of the provisions of this Section 3.5 shall become effective
upon acceptance of appointment by the successor Custodian. The Trustee shall
give prompt notice to the Depositor and the Master Servicer of the appointment
of any successor Custodian. No successor Custodian shall be appointed by
the
Trustee without the prior approval of the Depositor and the Master
Servicer.
Section
3.6 Merger
or Consolidation of Custodian. Any Person into which the
Custodian may be merged or converted or with which it may be consolidated,
or
any Person resulting from any merger, conversion or consolidation to which
the
Custodian shall be a party, or any Person succeeding to the business of the
Custodian, shall be the successor of the Custodian 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.
Section
3.7 Representations
of the Custodian. The Custodian hereby represents that it is a
depository institution subject to supervision or examination by a federal
or
state authority, has a combined capital and surplus of at least $15,000,000
and
is qualified to do business in the jurisdictions in which it will hold any
Mortgage File.
ARTICLE
IV
COMPLIANCE
WITH REGULATION AB
Section
4.1 Intent
of
the parties; Reasonableness. The parties hereto acknowledge and agree
that the purpose of this Article IV is to facilitate compliance by the Depositor
with the provisions of Regulation AB and related rules and regulations of
the
Commission. The Depositor shall not exercise its right to request
delivery of information or other performance under these provisions other
than
in good faith, or for purposes other than compliance with the Securities
Act,
the Exchange Act and the rules and regulations of the Commission under the
Securities Act and the Exchange Act. Each of the parties hereto
acknowledges that interpretations of the requirements of Regulation AB may
change over time, whether due to interpretive guidance provided by the
Commission or its staff, consensus among participants in the mortgage-backed
securities markets, advice of counsel, or otherwise, and agrees to comply
with
requests made by the Depositor in good faith for delivery of information
under
these provisions on the basis of evolving interpretations of Regulation AB
to
the extent reasonably practicable. The Custodian shall cooperate
reasonably with the Depositor to deliver to the Depositor (including any
of its
assignees or designees), any and all disclosure, statements, reports,
certifications, records and any other information necessary in the reasonable,
good faith determination of the Depositor to permit the Depositor to comply
with
the provisions of Regulation AB.
Section
4.2 Additional
Representations and Warranties of the Custodian.
(a) The
Custodian shall be deemed to represent to the Depositor as of the date hereof
and on each date on which information is provided to the Depositor under
Section
4.3 that, except as disclosed in writing to the Depositor prior to such date:
(i) there are no aspects of its financial condition that could have a material
adverse effect on the performance by it of its Custodian obligations under
this
Agreement or any other Securitization Transaction as to which it is the
custodian; (ii) there are no material legal or governmental proceedings pending
(or known to be contemplated) against it; and (iii) there are no affiliations,
relationships or transactions relating to the Custodian with respect to the
Depositor or any sponsor, issuing entity, servicer, trustee, originator,
significant obligor, enhancement or support provider or other material
transaction party (as such terms are used in Regulation AB) relating to the
Securitization Transaction contemplated by the Agreement, as identified by
the
Depositor to the Custodian in writing as of the Closing Date (each, a
"Transaction Party").
(b) If
so
requested by the Depositor on any date following the Closing Date, the Custodian
shall, within five Business Days following such request, confirm in writing
the
accuracy of the representations and warranties set forth in paragraph (a)
of
this Section or, if any such representation and warranty is not accurate
as of
the date of such confirmation, provide reasonably adequate disclosure of
the
pertinent facts, in writing, to the requesting party. Any such request from
the
Depositor shall not be given more than once each calendar quarter, unless
the
Depositor shall have a reasonable basis for a determination that any of the
representations and warranties may not be accurate.
Section
4.3 Additional
Information to Be Provided by the Custodian. For so long as the Certificates
are
outstanding, for the purpose of satisfying the Depositor 's reporting obligation
under the Exchange Act with respect to any class of Certificates, the Custodian
shall (a) notify the Depositor in writing of any material litigation or
governmental proceedings pending against the Custodian that would be material
to
Certificateholders, and (b) provide to the Depositor a written description
of
such proceedings. Any notices and descriptions required under this Section
4.3
shall be given no later than five Business Days prior to the Determination
Date
following the month in which the Custodian has knowledge of the occurrence of
the relevant event. As of the date the Depositor or Master Servicer files
each
Report on Form 10-D or Form 10-K with respect to the Certificates, the Custodian
will be deemed to represent that any information previously provided under
this
Section 4.3, if any, is materially correct and does not have any material
omissions unless the Custodian has provided an update to such
information.
Section
4.4 Report
on
Assessment of Compliance and Attestation. On or before March 15 of each calendar
year in which a report on Form 10-K is requested to be filed with respect
to the
certificates, the Custodian shall:
(a) deliver
to the Depositor, the Master Servicer and the Securities Administrator a
report
(in form and substance reasonably satisfactory to the Depositor) regarding
the
Custodian’s assessment of compliance with the Applicable Servicing Criteria as
set forth in Exhibit Four during the immediately preceding calendar year,
as
required under Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122
of
Regulation AB. Such report shall be addressed to the Depositor and
the Securities Administrator and signed by an authorized officer of the
Custodian, and shall address each of the Servicing Criteria specified on
a
certification substantially in the form of Exhibit Four hereto; and
(b) deliver
to the Depositor, the Master Servicer and the Securities Administrator, a
report
of a registered public accounting firm reasonably acceptable to the Master
Servicer, the Depositor and the Securities Administrator that attests to,
and
reports on, the assessment of compliance made by the Custodian and delivered
pursuant to the preceding paragraph. Such attestation shall be in accordance
with Rules 1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities
Act and
the Exchange Act.
Section
4.5 Indemnification;
Remedies.
(a) The
Custodian shall indemnify the Depositor, each affiliate of the Depositor,
EMC
and each broker dealer acting as underwriter, placement agent or initial
purchaser of the Certificates or each Person who controls any of such parties
(within the meaning of Section 15 of the Securities Act and Section 20 of
the
Exchange Act); and the respective present and former directors, officers,
employees and agents of each of the foregoing, and shall hold each of them
harmless from and against any losses, damages, penalties, fines, forfeitures,
legal fees and expenses and related costs, judgments, and any other costs,
fees
and expenses that any of them may sustain arising out of or based
upon:
(i)
(A) any untrue statement of a material fact contained or alleged to
be contained in any information, report, certification, accountants’ attestation
or other material provided under this Article IV by or on behalf of the
Custodian (collectively, the “Custodian Information”), or (B) the omission or
alleged omission to state in the Custodian Information a material fact required
to be stated in the Custodian Information or necessary in order to make the
statements therein, in the light of the circumstances under which they were
made, not misleading; or
(ii)
any failure by the Custodian to
deliver any information, report, certification, accountants’ attestation or
other material when and as required under this Article IV; or
(iii)
the negligence, bad faith or
willful misconduct of the Custodian in the performance of its obligations
under
this Article IV.
In
the case of any failure of
performance described in clause (ii) above, the Custodian shall promptly
reimburse the Depositor, the Master Servicer and the Securities Administrator
for all costs reasonably incurred by any of such Persons in order to obtain
the
information, report, certification, accountants’ letter or other material not
delivered as required by the Custodian.
In
no event shall the Custodian or its
directors, officers, and employees be liable for any special, indirect or
consequential damages from any action taken or omitted to be taken by it
or them
hereunder or in connection herewith even if advised of the possibility of
such
damages.
This
indemnification shall survive the termination of this Agreement or the
termination of the Custodian.
ARTICLE
V
MISCELLANEOUS
PROVISIONS
Section
5.1 Notices. All
notices, requests, consents and demands and other communications required
under
this Agreement or pursuant to any other instrument or document delivered
hereunder shall be in writing and, unless otherwise specifically provided,
may
be delivered personally, by telegram or telex, or by registered or certified
mail, postage prepaid, return receipt requested, at the addresses specified
on
the signature page hereof (unless changed by the particular party whose address
is stated herein by similar notice in writing), in which case the notice
will be
deemed delivered when received.
Section
5.2 Amendments. No
modification or amendment of or supplement to this Agreement shall be valid
or
effective unless the same is in writing and signed by all parties hereto,
and
neither the Depositor, the Master Servicer, the Securities
Administrator nor the Trustee shall enter into any amendment hereof except
as permitted by the Pooling and Servicing Agreement. The Securities
Administrator shall give prompt notice to the Custodian of any amendment
or
supplement to the Pooling and Servicing Agreement and furnish the Custodian
with
written copies thereof.
Section
5.3 GOVERNING
LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION 5-1401 OF THE GENERAL
OBLIGATIONS LAW), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section
5.4 Recordation
of Agreement. 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 Depositor and at the Trust’s expense, but only upon direction
accompanied by an Opinion of Counsel reasonably satisfactory to the Depositor
to
the effect that the failure to effect such recordation is likely to materially
and adversely affect the interests of the Certificateholders.
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
5.5 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.
IN
WITNESS WHEREOF, this Agreement is executed as of the date first above
written.
Address:
000
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx, Xxx Xxxx 00000
Attention:
Telecopy:
Confirmation:
|
CITIBANK
N.A.,
not
individually but solely as Trustee
By: ________________________________
Name:
Title:
|
Address:
000
Xxxxxxx Xxxxxx
Xxx
Xxxx, Xxx Xxxx 00000
|
STRUCTURED
ASSET MORTGAGE INVESTMENTS II INC.
By: ________________________________
Name:
Title:
|
Address:
0000
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
Xxxxx 00000
(214)
626-4889
Attention:
Xxxxxxxx Xxxxx
|
EMC
MORTGAGE CORPORATION,
as
Master Servicer and Seller
By: ________________________________
Name:
Title:
|
Address:
2700
Xxxx Xxxxx Xxxxx,
Xxxxxxxxxx,
Xxxxx 00000
Xacsimile:
(000) 000-0000
Attention:
Xxxx Xxxxxxxx
|
MASTER
FUNDING LLC,
as
Seller
By: ________________________________
Name:
Title:
|
Address:
9000
Xxx Xxxxxxxxx Xxxx
Xxxxxxxx,
Xxxxxxxx 00000
|
XXXXX
FARGO BANK,
NATIONAL
ASSOCIATION,
as
Securities Administrator
By:___________________________
Name:
Title:
|
Address:
1000
Xxxxx Xxxxxx XX
Xxxxxxxxxxx,
Xxxxxxxxx 00000
|
XXXXX
FARGO BANK, N.A.,
as
Custodian
By: ________________________________
Name:
Title:
|
CUSTODIAL AGREEMENT
STATE
OF
NEW
YORK )
)ss.:
COUNTY
OF
NEW
YORK )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared ______________, known to me to be a ________________
of
Citibank, N.A., a national banking association 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
|
[SEAL]
STATE
OF
TEXAS
)
)
ss.:
COUNTY
OF )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared __________________known to me to be an authorized
representative of EMC Mortgage 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 national banking association, and acknowledged
to
me that such national banking association 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
|
[SEAL]
STATE
OF
TEXAS )
)
ss.:
COUNTY
OF )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared __________________known to me to be an authorized
representative of Master Funding LLC, 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 national banking association, and acknowledged to me that
such
national banking association 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
|
[SEAL]
STATE
OF
NEW
YORK
)
)ss.:
COUNTY
OF
NEW
YORK
)
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared Xxxxx Xxxxxxxxxxx known to me to be a Vice President
of
Structured Asset Mortgage Investments II 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]
STATE
OF
MARYLAND
)
)ss.:
COUNTY
OF
XXXXXX )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared _______________________, known to me to be a(n)
_______________ of Xxxxx Fargo Bank, National Association, 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]
STATE
OF
MINNESOTA )
)ss.:
COUNTY
OF
HENNEPIN )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared _______________________, known to me to be a(n)
_______________ of Xxxxx Fargo Bank, National Association, 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
|
EXHIBIT
ONE
FORM
OF
CUSTODIAN INITIAL CERTIFICATION
May
31, 2007
Citibank,
N.A.
380
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx, Xxx Xxxx 00000
Xttn:
Structured Finance Agency &
Trust,
BSARM
2007-4
|
Structured
Asset Mortgage Investments II Inc.
380
Xxxxxxx Xxxxxx
Xxx
Xxxx, Xxx Xxxx 00000
|
EMC
Mortgage Corporation
2700
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Xttention:
Xxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
With
a copy to:
EMC
Mortgage Corporation
2700
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Xttention:
Xxxxxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
|
Attention:
Structured Asset Mortgage Investments II Inc.
Bear
Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through Certificates, Series
2007-4
Re: | Custodial Agreement, dated as of May 31, 2007, by and among Citibank, N.A., Structured Asset Mortgage Investments II Inc., EMC Mortgage Corporation, Xxxxx Fargo Bank, National Association and Master Funding LLC relating to Bear Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through Certificates, Series 2007-4 |
Ladies
and Gentlemen:
In
accordance with Section 2.3(a) of the above-captioned Custodial Agreement
and,
subject to Section 2.02(a) of the Pooling and Servicing Agreement, the
undersigned, as Custodian, hereby certifies that it has received a Mortgage
File
(which contains an original Mortgage Note or lost note affidavit) to the
extent
required in Section 2.01 of the Pooling and Servicing Agreement with respect
to
each Mortgage Loan listed in the Mortgage Loan Schedule, with any exceptions
listed on Schedule A attached hereto.
Capitalized
words and phrases used herein shall have the respective meanings assigned
to
them in the above-captioned Custodial Agreement.
XXXXX
FARGO BANK, N.A.
|
By:
___________________________________________________________
|
Name:
|
Title:
|
EXHIBIT
TWO
FORM
OF
CUSTODIAN INTERIM CERTIFICATION
___________,
20__
Citibank,
N.A.
380
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx, Xxx Xxxx 00000
Xttn:
Structured Finance Agency &
Trust,
BSARM
2007-4
|
Structured
Asset Mortgage Investments II Inc.
380
Xxxxxxx Xxxxxx
Xxx
Xxxx, Xxx Xxxx 00000
|
EMC
Mortgage Corporation
2700
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Xttention:
Xxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
With
a copy to:
EMC
Mortgage Corporation
2700
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Xttention:
Xxxxxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
|
Attention: Structured
Asset Mortgage Investments II Inc.
Bear
Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through Certificates, Series
2007-4
Re: |
Custodial
Agreement, dated as of May 31, 2007, by and among Citibank, N.A.,
Structured Asset Mortgage Investments II Inc., EMC Mortgage Corporation,
Xxxxx Fargo Bank, National Association and Master Funding LLC
relating to
Bear Xxxxxxx ARM Trust 2007-4,
Mortgage
Pass-Through Certificates, Series
2007-4
|
Ladies
and Gentlemen:
In
accordance with Section 2.3(b) of the above-captioned Custodial Agreement
and,
subject to Section 2.02(a) of the Pooling and Servicing Agreement, the
undersigned, as Custodian, hereby certifies that it has received a Mortgage
File
to the extent required pursuant to Section 2.01 of the Pooling and Servicing
Agreement with respect to each Mortgage Loan listed in the Mortgage Loan
Schedule, and it has reviewed the Mortgage File and the Mortgage Loan Schedule
and has determined that: all required documents have been executed and received
and that such documents relate to the Mortgage Loans identified on the Mortgage
Loan Schedule, with any exceptions listed on Schedule A attached
hereto.
Capitalized
words and phrases used herein shall have the respective meanings assigned
to
them in the above-captioned Custodial Agreement.
XXXXX
FARGO BANK, N.A.
|
By:
___________________________________________________________
|
Name:
|
Title:
|
EXHIBIT
THREE
FORM
OF
CUSTODIAN FINAL CERTIFICATION
_______,
20__
Citibank,
N.A.
380
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx, Xxx Xxxx 00000
Xttn:
Structured Finance Agency &
Trust,
BSARM
2007-4
|
Structured
Asset Mortgage Investments II Inc.
380
Xxxxxxx Xxxxxx
Xxx
Xxxx, Xxx Xxxx 00000
|
EMC
Mortgage Corporation
2700
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Xttention:
Xxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
With
a copy to:
EMC
Mortgage Corporation
2700
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Xttention:
Xxxxxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
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Attention:
Structured Asset Mortgage Investments II Inc.
Bear
Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through Certificates, Series
2007-4
Re: |
Custodial
Agreement, dated as of May 31, 2007, by and among Citibank,
N.A.,
Structured Asset Mortgage Investments II Inc., EMC Mortgage
Corporation,
Xxxxx Fargo Bank, National Association and Master Funding
LLC relating to
Bear Xxxxxxx ARM Trust 2007-4,
Mortgage
Pass-Through Certificates, Series
2007-4
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Ladies
and Gentlemen:
In
accordance with Section 2.3(c) of the above-captioned Custodial Agreement
and,
subject to Section 2.02(b) of the Pooling and Servicing Agreement, the
undersigned, as Custodian, hereby certifies that it has received a Mortgage
File
to the extent required pursuant to Section 2.01 of the Pooling and Servicing
Agreement with respect to each Mortgage Loan listed in the Mortgage Loan
Schedule, and it has reviewed the Mortgage File and the Mortgage Loan Schedule
and has determined that: all required documents have been executed and received
and that such documents relate to the Mortgage Loans identified on the Mortgage
Loan Schedule, with any exceptions listed on Schedule A attached
hereto.
Capitalized
words and phrases used herein shall have the respective meanings assigned
to
them in the above-captioned Custodial Agreement or in the Pooling and Servicing
Agreement, as applicable.
XXXXX
FARGO BANK, N.A.
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By:
___________________________________________________________
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Name:
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Title:
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EXHIBIT
FOUR
SERVICING
CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE
The
assessment of compliance to be delivered by the Custodian shall address,
at a
minimum, the criteria identified below as “Applicable Servicing
Criteria”:
Servicing
Criteria
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Applicable
Servicing
Criteria
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Reference
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Criteria
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General
Servicing Considerations
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1122(d)(1)(i)
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Policies
and procedures are instituted to monitor any performance or other
triggers
and events of default in accordance with the transaction
agreements
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1122(d)(1)(ii)
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If
any material servicing activities are outsourced to third parties,
policies and procedures are instituted to monitor the third party’s
performance and compliance with such servicing activities
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1122(d)(1)(iii)
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Any
requirements in the transaction agreements to maintain a back-up
servicer
for the pool assets are maintained.
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1122(d)(1)(iv)
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A
fidelity bond and errors and omissions policy is in effect on the
party
participating in the servicing function throughout the reporting
period in
the amount of coverage required by and otherwise in accordance
with the
terms of the transaction agreements.
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Cash
Collection and Administration
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1122(d)(2)(i)
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Payments
on pool assets are deposited into the appropriate custodial bank
accounts
and related bank clearing accounts no more than two business days
following receipt, or such other number of days specified in the
transaction agreements.
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1122(d)(2)(ii)
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Disbursements
made via wire transfer on behalf of an obligor or to an investor
are made
only by authorized personnel.
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1122(d)(2)(iii)
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Advances
of funds or guarantees regarding collections, cash flows or distributions,
and any interest or other fees charged for such advances are made,
reviewed and approved as specified in the transaction
agreements.
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1122(d)(2)(iv)
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The
related accounts for the transaction, such as cash reserve accounts
or
accounts established as a form of overcollateralization, are separately
maintained (e.g., with respect to commingling of cash) as set forth
in the
transaction agreements.
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1122(d)(2)(v)
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Each
custodial account is maintained at a federally insured depository
institution as set forth in the transaction agreements. For
purposes of this criterion, “federally insured depository institutions”
with respect to a foreign financial institution means a foreign
financial
institution that meets the requirements of Rule 13k-1(b)(1) of
the
Securities Exchange Act.
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1122(d)(2)(vi)
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Unissued
checks are safeguarded so as to prevent unauthorized
access.
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1122(d)(2)(vii)
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Reconciliations
are prepared on a monthly basis for all asset-backed securities
related
bank accounts, including custodial accounts and related bank clearing
accounts. These reconciliations are (A) mathematically accurate;
(B)
prepared within 30 calendar days after the bank statement cutoff
date, or
such other number of days specified in the transaction agreements;
(C)
reviewed and approved by someone other than the person who prepared
the
reconciliations; and (D) contain explanations for reconciling items,
These
reconciling items are resolved within 90 calendar days of their
original
identification, or such other number of days specified in the transaction
agreements.
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Investor
Remittances and Reporting
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1122(d)(3)(i)
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Reports
to investors, including those to be filed with the Commission,
are
maintained in accordance with the transaction agreements and applicable
Commission requirements. Specifically, such reports (A) are prepared
in
accordance with timeframes and other terms set forth in the transaction
agreements, (B) provide information calculated in accordance with
the
terms specified in the transaction agreements; (C) are filed with
the
Commission as required by its rules and regulations; and (D) agree
with
investors; or the trustee’s records as to the total unpaid principal
balance and number of pool assets serviced by the
servicer.
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1122(d)(3)(ii)
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Amounts
due to investors are allocated and remitted in accordance with
timeframes,
distribution priority and other terms set forth in the transaction
agreements.
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1122(d)(3)(iii)
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Disbursements
made to an investor are posted within two business days to the
servicer’s
investor records, or such other number of days specified in the
transaction agreements.
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1122(d)(3)(iv)
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Amounts
remitted to investors per the investor reports agree with cancelled
checks, or other form of payment, or custodial bank
statements.
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Pool
Asset Administration
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1122(d)(4)(i)
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Collateral
or security on pool assets is maintained as required by the transaction
agreements or related asset pool documents.
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√
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1122(d)(4)(ii)
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Pool
assets and related documents are safeguarded as required by the
transaction agreements.
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√
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1122(d)(4)(iii)
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Any
additions, removals or substitutions to the asset pool are made,
reviewed
and approved in accordance with any conditions or requirements
in the
transaction agreements
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1122(d)(4)(iv)
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Payments
on pool assets, including any payoffs, made in accordance with
the related
pool asset documents are posted to the servicer’s obligor records
maintained no more than two business days after receipt, or such
other
number of days specified in the transaction agreements, and allocated
to
principal, interest or other items (e.g., escrow) in accordance
with the
related pool asset documents.
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1122(d)(4)(v)
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The
servicer’s records regarding the pool assets agree with the servicer’s
records with respect to an obligor’s unpaid principal
balance.
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1122(d)(4)(vi)
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Changes
with respect to the terms or status of an obligor’s pool asset (e.g., loan
modifications or re-agings) are made, reviewed and approved by
authorized
personnel in accordance with the transaction agreements and related
pool
asset documents.
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1122(d)(4)(vii)
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Loss
mitigation of recovery actions (e.g., forbearance plans, modifications
and
deed in lieu of foreclosure, foreclosures and repossessions, as
applicable) are initiated, conducted and concluded in accordance
with the
timeframes or other requirements established by the transaction
documents.
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1122(d)(4)(viii)
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Records
documenting collection efforts are maintained during the period
a pool
asset is delinquent in accordance with the transaction agreements.,
Such
records are maintained in at least a monthly basis, or such other
period
specified in the transaction agreements, and describe the entity’s
activities in monitoring delinquent pool assets including, for
example,
phone calls, letters and payment rescheduling plans in cases where
delinquency is deemed temporary (e.g., illness or
unemployment).
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1122(d)(4)(ix)
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Adjustments
to interest rates or rates of return for pool assets
with variable rates are computed based on the related pool
asset documents.
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1122(d)(4)(x)
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Regarding
any funds held in trust for an obligor (such as escrow accounts);
(A) such
funds are analyzed, in accordance with the obligor’s pool asset documents,
on at least an annual basis, or such other period specified in
the
transaction agreements; (B) interest on such funds is paid, or
credited,
to obligors in accordance with applicable pool asset documents
and state
laws; and (C) such funds are returned to the obligor within 3-
calendar
days of full repayment of the related pool asset, or such other
number of
days specified in the transaction agreements.
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1122(d)(4)(xi)
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Payments
made on behalf of an obligor (such as tax ore insurance payments)
are made
on or before the related penalty or expiration dates, as indicated
on the
appropriate bills or notices for such payments, provided that such
support
has been received by the service at least 30 calendar days prior
to these
dates, or such other number of days specified in the transaction
agreements.
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1122(d)(4)(xii)
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Any
late payment penalties in connection with any payment to be made
on behalf
of an obligor are paid from the servicer’s funds and not charged to the
obligor, unless the late payment was due to the obligor’s error or
omission.
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1122(d)(4)(xiii)
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Disbursements
made on behalf of an obligor are posted within two business days
to the
obligor’s records maintained by the servicer, or such other number of days
specified in the transaction agreements.
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1122(d)(4)(xiv)
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Delinquencies,
charge-offs and uncollectible funds are recognized and recorded
in
accordance with the transaction agreements.
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1122(d)(4)(xv)
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Any
external enhancement or other support, identified in item 1114(a)(1)
through (3) or item 1115 of Regulation AB, is maintained as set
forth in
the transaction agreements.
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EXHIBIT
G-2
FORM
OF
TREASURY BANK CUSTODIAL AGREEMENT
THIS
CUSTODIAL AGREEMENT (as amended and supplemented from time to time, the
"Agreement”), dated as of May 31, 2007, by and among CITIBANK, N.A., not
individually but solely as trustee under the Pooling and Servicing Agreement
defined below (including its successors under the Pooling and Servicing
Agreement defined below, the “Trustee”), STRUCTURED ASSET MORTGAGE INVESTMENTS
II INC., as depositor (together with any successor in interest, the
“Depositor”), EMC MORTGAGE CORPORATION, as a seller (in such capacity, “EMC”)
and master servicer (together with any successor in interest or successor
under
the Pooling and Servicing Agreement referred to below, the “Master Servicer”),
XXXXX FARGO BANK, NATIONAL ASSOCIATION, as securities administrator, TREASURY
BANK, A DIVISION OF COUNTRYWIDE BANK FSB, as custodian (together with any
successor in interest or any successor appointed hereunder, the "Custodian")
and
MASTER FUNDING LLC, as a seller (“Master Funding”, and together with EMC, the
“Sellers”).
WITNESSETH
THAT:
WHEREAS,
the Depositor, EMC, the Master Servicer, the Securities Administrator and
the
Trustee have entered into a Pooling and Servicing Agreement, dated as of
May 1,
2007, relating to the issuance of Bear Xxxxxxx ARM Trust 2007-4, Mortgage
Pass-Through Certificates, Series 2007-4 (as in effect on the date of this
agreement, the "Original Pooling and Servicing Agreement," and as amended
and
supplemented from time to time, the "Pooling and Servicing Agreement”);
and
WHEREAS,
the Custodian has agreed to act as agent for the Trustee for the purposes
of
receiving and holding certain documents and other instruments relating to
the
mortgage loans (herein referred to as the “Mortgage Loans”) listed on Schedule I
hereto (the “Mortgage Loan Schedule”) delivered by (i) the Depositor, the Seller
or the Master Servicer under the Pooling and Servicing Agreement and (ii)
the
Servicers under their respective Servicing Agreements, all upon the terms
and
conditions and subject to the limitations hereinafter set forth;
NOW,
THEREFORE, in consideration of the premises and the mutual covenants and
agreements hereinafter set forth, the Trustee, the Depositor, the Seller,
the
Master Servicer, the Securities Administrator and the Custodian hereby agree
as
follows:
ARTICLE
I.
DEFINITIONS
Capitalized
terms used in this Agreement and not defined herein shall have the meanings
assigned in the Original Pooling and Servicing Agreement, unless otherwise
required by the context herein.
ARTICLE
II.
CUSTODY
OF MORTGAGE DOCUMENTS
Section
2.1. Custodian to Act as
Agent: Acceptance of Mortgage Files. The Custodian, as the duly
appointed agent of the Trustee for these purposes, acknowledges (subject
to any
exceptions noted in the Initial Certification referred to in Section 2.3(a))
receipt of the Mortgage Files relating to the Mortgage Loans attached hereto
(the "Mortgage Files") and declares that it holds and will hold such Mortgage
Files as agent for the Trustee, in trust, for the use and benefit of all
present
and future Certificateholders.
Section
2.2. Recordation of
Assignments. If any Mortgage File relating to the Mortgage Loans
includes one or more assignments of Mortgage to the Trustee in a state which
is
specifically excluded from the Opinion of Counsel delivered by the Seller
to the
Trustee and the Custodian pursuant to the provisions of Section 2.01 of the
Pooling and Servicing Agreement, each such assignment shall be delivered,
at the
direction of the Depositor (in written or electronic format), by the Custodian
to the Depositor for the purpose of recording it in the appropriate public
office for real property records, and the Depositor, at no expense to the
Custodian, shall promptly cause to be recorded in the appropriate public
office
for real property records each such assignment of Mortgage and, upon receipt
thereof from such public office, shall return each such assignment of Mortgage
to the Custodian.
Section
2.3. Review of
Mortgage Files.
(a) On
or prior to the Closing Date, in accordance with Section 2.02 of the Pooling
and
Servicing Agreement, the Custodian shall deliver to the Depositor, EMC (on
its
own behalf and on behalf of Master Funding), the Master Servicer and the
Trustee
an Initial Certification in the form annexed hereto as Exhibit One evidencing
receipt (subject to any exceptions noted therein) of a Mortgage File for
each of
the Mortgage Loans.
(b) Within
90 days of the Closing Date (or, with respect to any Substitute Mortgage
Loans,
within 5 Business Days after the receipt by the Trustee or the Custodian
thereof), the Custodian agrees, for the benefit of Certificateholders, to
review, in accordance with the provisions of Section 2.02 of the Pooling
and
Servicing Agreement, each such document relating to the Mortgage Loans, and
shall execute and deliver to the Depositor, EMC (on its own behalf and on
behalf
of Master Funding), the Master Servicer and the Trustee an Interim Certification
in the form annexed hereto as Exhibit Two to the effect that all such documents
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. The Custodian
shall be under no duty or obligation to inspect, review or examine said
documents, instruments, certificates or other papers to determine that the
same
are genuine, enforceable, or appropriate for the represented purpose or that
they have actually been recorded or that they are other than what they purport
to be on their face.
(c) Not
later than 180 days after the Closing Date (or, with respect to any Substitute
Mortgage Loans, within 5 Business Days after the receipt by the Trustee or
the
Custodian thereof), the Custodian shall review the Mortgage Files relating
to
the Mortgage Loans as provided in Section 2.02 of the Pooling and Servicing
Agreement and execute and deliver to the Depositor, EMC (on its own behalf
and
on behalf of Master Funding), the Master Servicer and the Trustee a Final
Certification in the form annexed hereto as Exhibit Three evidencing the
completeness of such Mortgage Files.
(d) In
reviewing the Mortgage Files relating to the Mortgage Loans as provided herein
and in the Pooling and Servicing Agreement, the Custodian shall make no
representation as to and shall not be responsible to verify (i) the validity,
legality, enforceability, due authorization, recordability, sufficiency or
genuineness of any of the documents included in any Mortgage File or (ii)
the
collectibility, insurability, effectiveness or suitability of any of the
documents in any Mortgage File.
Upon
receipt of written request from the Trustee, the Custodian shall as soon
as
practicable supply the requesting party with a list of all of the documents
missing from the Mortgage Loans then contained in the Mortgage
Files.
Section
2.4. Notification of
Breaches of Representations and Warranties. Upon discovery by the
Custodian of a breach of any representation or warranty made by the Depositor
as
set forth in the Pooling and Servicing Agreement with respect to a Mortgage
Loan
relating to a Mortgage File, the Custodian shall give prompt written notice
to
the Depositor, the Master Servicer, the applicable Servicer and the
Trustee.
Section
2.5. Custodian to
Cooperate: Release of Mortgage Files. Upon receipt of written
notice from the Master Servicer or the Trustee that the Sellers have repurchased
a Mortgage Loan pursuant to Article II of the Pooling and Servicing Agreement,
and that the Repurchase Price therefor has been deposited in the Distribution
Account, and a Request for Release (as defined below), the Custodian agrees
to
promptly release to the Sellers the related Mortgage File.
Upon
the
Custodian's receipt of a request for release (a "Request for Release")
substantially in the form of Exhibit D-2 to the Pooling and Servicing Agreement
signed by an officer of the related Servicer involved in, or responsible
for,
the administration and servicing of the Mortgage Loans whose name appears
on a
list of servicing officers furnished by such Servicer upon request, as such
list
may from time to time be amended (each, a “Servicing Officer”) stating that it
has received payment in full of a Mortgage Loan or that payment in full will
be
escrowed in a manner customary for such purposes, the Custodian agrees to
promptly release to such Servicer the related Mortgage File. The
Depositor shall deliver to the Custodian, and the Custodian agrees to accept,
the Mortgage Note and other documents constituting the Mortgage File with
respect to any Substitute Mortgage Loan, which documents the Custodian will
review to the extent provided in Article II of the Pooling and Servicing
Agreement.
From
time
to time as is appropriate for the servicing or foreclosure of any Mortgage
Loan,
including, for this purpose, collection under any Primary Mortgage Insurance
Policy, the related Servicer shall (or if the related Servicer does not,
then
the Master Servicer may) deliver to the Custodian a Request for Release signed
by a Servicing Officer requesting that possession of all of the related Mortgage
File be released to such 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 related Mortgage Loan under any of the Insurance
Policies. Upon receipt of the foregoing, the Custodian shall deliver
such Mortgage File to the related Servicer. All Mortgage Files so
released to the related Servicer shall be held by it in trust for the Trustee
for the use and benefit of all present and future
Certificateholders. The related Servicer shall cause each Mortgage
File or any document therein so released to be returned to the Custodian
when
the need therefor by such Servicer no longer exists, unless (i) such Mortgage
Loan has been liquidated and the Liquidation Proceeds relating to the related
Mortgage Loan have been deposited in the Distribution Account or (ii) such
Mortgage File or such document has been delivered 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
related
Mortgaged Property either judicially or non-judicially, and the related Servicer
has delivered to the Custodian 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.
At
any
time that a Servicer or the Master Servicer is required to deliver to the
Custodian a Request for Release, such Servicer or the Master Servicer shall
deliver two copies of the Request for Release if delivered in hard copy or
such
Servicer or the Master Servicer may furnish such Request for Release
electronically to the Custodian, in which event the Servicing Officer
transmitting the same shall be deemed to have signed such Request for Release.
In connection with any Request for Release of a Mortgage File because of
a
repurchase of a Mortgage Loan, the assignment of mortgage and the related
Mortgage Note shall be returned to the related Servicer or the Master Servicer,
as applicable, for execution and endorsement, respectively, pursuant to a
power
of attorney from the Trustee and for delivery to the Sellers. If the
related Servicer or the Master Servicer does not have a power of attorney
from
the Trustee to execute the applicable assignment and to endorse the related
Mortgage Note, such Request for Release shall be accompanied by an assignment
of
mortgage, without recourse, executed by the Trustee to the Sellers and the
related Mortgage Note shall be endorsed without recourse by the Trustee (if
not
in blank) and be returned to the related Servicer or the Master Servicer,
as
applicable, for delivery to the Sellers; provided, however, that in the case
of
a Mortgage Loan that is registered on the MERS® System, no assignment of
mortgage or endorsement of the Mortgage Note by the Trustee, or by the related
Servicer or the Master Servicer pursuant to a power of attorney from the
Trustee, shall be required. In connection with any Request for
Release of a Mortgage File because of the payment in full of a Mortgage Loan
and
if the related Servicer or the Master Servicer does not have a power of attorney
from the Trustee to execute the applicable certificate of satisfaction or
similar instrument, such Request for Release shall be accompanied by a
certificate of satisfaction or other similar instrument to be executed by
or on
behalf of the Trustee and returned to the related Servicer or the Master
Servicer, as applicable.
Section
2.6. Assumption
Agreements. In the event that any assumption
agreement, substitution of liability agreement or sale of servicing
agreement is entered into with respect to any Mortgage Loan subject to this
Agreement in accordance with the terms and provisions of the Pooling and
Servicing Agreement, the Master Servicer, to the extent provided in the related
Servicing Agreement, shall cause the related Servicer to notify the Custodian
that such assumption agreement, substitution of liability agreement or sale
of
servicing agreement has been completed by forwarding to the Custodian the
original of such assumption agreement, substitution of liability agreement
or
sale of servicing agreement, which shall be added to the related Mortgage
File
and, for all purposes, shall be considered a part of such Mortgage File to
the
same extent as all other documents and instruments constituting parts
thereof.
ARTICLE
III.
CONCERNING
THE CUSTODIAN
Section
3.1. Custodian as
Bailee and Agent of the Trustee. With respect to each Mortgage
Note and other documents constituting each Mortgage File relating to the
Mortgage Loans which are delivered to the Custodian, the Custodian is
exclusively the bailee and agent of the Trustee and has no instructions to
hold
any Mortgage Note or Mortgage File for the benefit of any person other than
the
Trustee and the Certificateholders and undertakes to perform such duties
and
only such duties as are specifically set forth in this
Agreement. Except upon compliance with the provisions of Section 2.5
of this Agreement with respect to any Mortgage Loan, no Mortgage Note, Mortgage
or Mortgage File shall be delivered by the Custodian to the Depositor, the
Sellers, any Servicer or the Master Servicer or otherwise released from the
possession of the Custodian.
Section
3.2. [Reserved.]
Section
3.3. Custodian May
Own Certificates. The Custodian 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 Custodian.
Section
3.4. Custodian's
Fees and Expenses. The Depositor covenants and agrees to cause
EMC to pay the Custodian from time to time, and the Custodian shall be entitled
to, reasonable compensation for all services rendered by it in the exercise
and
performance of any of the powers and duties hereunder of the Custodian pursuant
to a letter agreement between the Custodian and EMC. In addition, EMC
will pay or reimburse the Custodian upon its request for all reasonable
expenses, disbursements and advances incurred or made by the Custodian 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), except any such expense, disbursement
or advance as may arise from its negligence or bad faith, or to the extent
that
such cost or expense is indemnified by the Depositor pursuant to the Pooling
and
Servicing Agreement.
Section
3.5. Custodian May
Resign; Trustee May Remove Custodian. The Custodian may resign
from the obligations and duties hereby imposed upon it as such obligations
and
duties relate to its acting as Custodian of the Mortgage Loans. Upon
receiving such notice of resignation, the Trustee shall either take custody
of
the Mortgage Files itself and give prompt notice thereof to the Depositor,
the
Master Servicer, the Servicers and the Custodian, or promptly appoint a
successor Custodian by written instrument, in duplicate, one copy of which
instrument shall be delivered to the resigning Custodian and one copy to
the
successor Custodian. If the Trustee shall not have taken custody of
the Mortgage Files and no successor Custodian shall have been so appointed
and
have accepted appointment within 30 days after the giving of such notice
of
resignation, the resigning Custodian may petition any court of competent
jurisdiction for the appointment of a successor Custodian.
The
Trustee may remove the Custodian at any time with the consent of the Master
Servicer. In such event, the Trustee shall appoint, or petition a
court of competent jurisdiction to appoint, a successor Custodian
hereunder. Any successor Custodian shall be a depository institution
subject to supervision or examination by federal or state authority, shall
be
able to satisfy the other requirements contained in Section 3.7 and shall
be
unaffiliated with any Servicer or the Depositor.
Any
resignation or removal of the Custodian and appointment of a successor Custodian
pursuant to any of the provisions of this Section 3.5 shall become effective
upon acceptance of appointment by the successor Custodian. The
Trustee shall give prompt notice to the Depositor and the Master Servicer
of the
appointment of any successor Custodian. No successor Custodian shall
be appointed by the Trustee without the prior approval of the Depositor and
the
Master Servicer.
Section
3.6. Merger or
Consolidation of Custodian. Any Person into which the Custodian
may be merged or converted or with which it may be consolidated, or any Person
resulting from any merger, conversion or consolidation to which the Custodian
shall be a party, or any Person succeeding to the business of the Custodian,
shall be the successor of the Custodian hereunder (provided such Person shall
satisfy the requirements set forth in Section 3.7), 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.
Section
3.7. Representations
of the Custodian. The Custodian hereby represents, and any
successor Custodian hereunder shall represent, that it is a depository
institution subject to supervision or examination by a federal or state
authority, has a combined capital and surplus of at least $15,000,000 and
is
qualified to do business in the jurisdictions in which it will hold any Mortgage
File.
Section
3.8. Duties and
Obligations of the Custodian.
(a) The
Custodian shall be under no duty or obligation to inspect, review or examine
the
Mortgage Files to determine that the contents thereof are appropriate for
the
represented purpose or that they have been actually recorded or that they
are
other than what they purport to be on their face.
(b) The
Custodian shall not be responsible or liable for, and makes no representation
or
warranty with respect to, the validity, adequacy or perfection or any lien
upon
or security interest in the Mortgage Files.
(c) Any
other provision of this Agreement to the contrary notwithstanding, the Custodian
shall have no notice, and shall not be bound by any of the terms and conditions
of any other document or agreement executed or delivered in connection with,
or
intended to control any part of, the transactions anticipated by or referred
to
in this Agreement unless the Custodian is a signatory party to that document
or
agreement.
(d) The
Custodian may rely on and shall be protected in acting in good faith upon
any
certificate, instrument, opinion, notice, magnetic tape, letter, telegram
or
other document, or any security, delivered to it and in good faith believed
by
it to be genuine and to have been signed by the proper party or parties;
but in
the case of any loan document or other request, instruction, document or
certificate which by any provision hereof is specifically required to be
furnished to the Custodian, the Custodian shall be under a duty to examine
the
same to determine whether or not it conforms prima facie to the requirements
of
this Custodial Agreement.
(e) The
Custodian shall not be liable for any error of judgment, or for any act done
or
step taken or omitted by it, in good faith, or for any mistake of fact or
law,
or for anything that it may do or refrain from doing in connection therewith,
except in the case of its negligent performance or omission.
(f) The
Custodian shall have no obligation to verify the receipt of any such documents
the existence of which was not made known to the Custodian by the Mortgage
Files.
(g) The
Custodian shall not be responsible for delays or failures in performance
resulting from acts beyond its control. Such acts shall include, but
not be limited to, acts of God, strikes, lockouts, riots, acts of war or
terrorism, epidemics, nationalization, expropriation, currency restrictions,
governmental regulations superimposed after the fact, fire, communication
line
failures, power failures, earthquakes or other disasters.
ARTICLE
IV.
COMPLIANCE
WITH REGULATION AB
Section
4.1. Intent of the
parties; Reasonableness. The parties hereto acknowledge and agree
that the purpose of this Article IV is to facilitate compliance by the
Depositor, the Master Servicer and the Securities Administrator with the
provisions of Regulation AB and related rules and regulations of the
Commission. The Depositor, the Master Servicer and the Securities
Administrator shall not exercise its right to request delivery of information
or
other performance under these provisions other than in good faith, or for
purposes other than compliance with the Securities Act, the Exchange Act
and the
rules and regulations of the Commission under the Securities Act and the
Exchange Act. Each of the parties hereto acknowledges that
interpretations of the requirements of Regulation AB may change over time,
whether due to interpretive guidance provided by the Commission or its staff,
consensus among participants in the mortgage-backed securities markets, advice
of counsel, or otherwise, and the Custodian agrees to comply with requests
made
by the Depositor, the Master Servicer and the Securities Administrator in
good
faith for delivery of information under these provisions on the basis of
evolving interpretations of Regulation AB to the extent reasonably practicable,
unless otherwise advised in writing by counsel. The Custodian shall
cooperate reasonably with the Depositor, the Master Servicer and the Securities
Administrator to deliver to the Depositor and the Master Servicer (including
any
of their respective assignees or designees), any and all disclosure, statements,
reports, certifications, records and any other information necessary in the
reasonable, good faith determination of the Depositor, the Master Servicer
and
the Securities Administrator to permit the Depositor, the Master Servicer
and
the Securities Administrator to comply with the provisions of Regulation
AB.
Section
4.2. Additional
Representations and Warranties of the Custodian.
(a) The
Custodian hereby represents and warrants that the information with respect
to
the Custodian set forth in the Prospectus Supplement under the caption
"Description of the Certificates—The Custodians—Treasury Bank" (the "Custodian
Disclosure") does not contain any untrue statement of a material fact or
omit to
state a material fact required to be stated therein or necessary in order
to
make the statements therein, in the light of the circumstances under which
they
were made, not misleading.
(b) The
Custodian shall be deemed to represent to the Depositor as of the date hereof
and on each date on which information is provided to the Depositor under
Section
4.3 that, except as disclosed in writing to the Depositor prior to such date:
(i) there are no aspects of its financial condition that could have a material
adverse effect on the performance by it of its Custodian obligations under
this
Agreement; (ii) there are no material legal or governmental proceedings pending
(or known to be contemplated) against it that would affect or interfere with
the
performance of its obligations hereunder; and (iii) there are no affiliations,
relationships or transactions relating to the Custodian with respect to the
Depositor or any sponsor, issuing entity, servicer (other than Countrywide
Home
Loan Servicing LP), trustee, originator, significant obligor, enhancement
or
support provider or other material transaction party (as such terms are used
in
Regulation AB) relating to the securitization transaction contemplated by
the
Pooling and Servicing Agreement, as identified by the Depositor to the Custodian
in writing as of the Closing Date (each, a "Transaction Party") that would
affect or interfere with the performance of its obligations hereunder and
have
not been previously disclosed to the Depositor and the Trustee.
(c) If
so requested by the Depositor on any date following the Closing Date, the
Custodian shall, within five Business Days following such request, confirm
in
writing the accuracy of the representations and warranties set forth in
paragraph (1) of this section or, if any such representation and warranty
is not
accurate as of the date of such confirmation, provide reasonably adequate
disclosure of the pertinent facts, in writing, to the requesting party. Any
such
request from the Depositor shall not be given more than once each calendar
quarter, unless the Depositor shall have a reasonable basis for a determination
that any of the representations and warranties may not be accurate.
Section
4.3. Additional
Information to Be Provided by the Custodian. For so long as the
Certificates are outstanding, for the purpose of satisfying the Depositor’s
reporting obligation under the Exchange Act with respect to any class of
Certificates, the Custodian shall (a) notify the Depositor, the Securities
Administrator and the Master Servicer in writing of any material litigation
or
governmental proceedings pending against the Custodian (including any such
proceedings known to be contemplated by the governmental authorities) that
would
be material to Certificateholders, and (b) provide to the Depositor, Securities
Administrator and the Master Servicer a written description of such proceedings.
Any notices and descriptions required under this Section 4.3 shall be given
no
later than five Business Days prior to the Determination Date following the
month in which the Custodian has knowledge of the occurrence of the relevant
event. As of the date the Depositor, the Securities Administrator or Master
Servicer files each Report on Form 10-D or Form 10-K with respect to the
Certificates, the Custodian will be deemed to represent that any information
previously provided under this Section 4.3, if any, is materially correct
and
does not have any material omissions unless the Custodian has provided an
update
to such information.
Section
4.4. Report on
Assessment of Compliance and Attestation. On or before March 15
of each calendar year in which a Form 10-K is required to be filed with respect
to the Trust, the Custodian shall:
(a) deliver
to the Depositor, the Master Servicer and the Securities Administrator a
report
(in form and substance reasonably satisfactory to the Depositor) regarding
the
Custodian’s assessment of compliance with the Applicable Servicing Criteria as
set forth in Exhibit Four during the immediately preceding calendar year,
as
required under Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122
of
Regulation AB. Such report shall be addressed to the Depositor and
the Securities Administrator and signed by an authorized officer of the
Custodian, and shall address each of the Servicing Criteria specified on
a
certification substantially in the form of Exhibit Four hereto; and
(b) deliver
to the Depositor, the Master Servicer and the Securities Administrator, a
report
of a registered public accounting firm reasonably acceptable to the Master
Servicer, the Depositor and the Securities Administrator that attests to,
and
reports on, the assessment of compliance made by the Custodian and delivered
pursuant to the preceding paragraph. Such attestation shall be in accordance
with Rules 1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities
Act and
the Exchange Act.
Section
4.5. Indemnification;
Remedies.
(a) The
Custodian shall indemnify the Depositor, each affiliate of the Depositor,
the
Master Servicer, the Securities Administrator and each broker dealer acting
as
underwriter, placement agent or initial purchaser of the Certificates or
each
Person who controls any of such parties (within the meaning of Section 15
of the
Securities Act and Section 20 of the Exchange Act); and the respective present
and former directors, officers, employees and agents of each of the foregoing
(each, an “Indemnified Party”), and shall hold each of them harmless from and
against any losses, damages, penalties, fines, forfeitures, legal fees and
expenses and related costs, judgments, and any other costs, fees and expenses
that any of them may sustain arising out of or based upon:
(i) (A)
any untrue statement of a material fact contained or alleged to be contained
in
the Custodian Disclosure and any information, report, certification,
accountants’ attestation or other material provided under this Article IV by or
on behalf of the Custodian (collectively, the “Custodian Information”), or (B)
the omission or alleged omission to state in the Custodian Information a
material fact required to be stated in the Custodian Information or necessary
in
order to make the statements therein, in the light of the circumstances under
which they were made, not misleading; or
(ii) any
failure by the Custodian to deliver any information, report, certification,
accountants’ attestation or other material when and as required under this
Article IV; or
(iii) the
negligence, bad faith or willful misconduct of the Custodian in the performance
of its obligations under this Article IV.
(b) In
the case of any failure of performance described in clause (ii) of Section
4.5(a), the Custodian shall promptly reimburse the Depositor, the Securities
Administrator and the Master Servicer for all costs reasonably incurred by
the
Depositor and the Master Servicer, respectively, in order to obtain the
information, report, certification, accountants’ letter or other material not
delivered as required by the Custodian.
(c) In
no event shall the Custodian or its directors, officers and employees be
liable
for any special, indirect or consequential damages from any action taken
or
omitted to be taken by it or them hereunder or in connection herewith even
if
advised of the possibility of such damages.
If
the
indemnification provided for herein is unavailable or insufficient to hold
harmless any Indemnified Party, then the Custodian agrees that it shall
contribute to the amount paid or payable by such Indemnified Party as a result
of any claims, losses, damages or liabilities incurred by such Indemnified
Party
in such proportion as is appropriate to reflect the relative fault of such
Indemnified Party on the one hand and the Custodian on the
other. This indemnification shall survive the termination of this
Agreement or the termination of the Custodian.
ARTICLE
V.
MISCELLANEOUS
PROVISIONS
Section
5.1. Notices. All
notices, requests, consents and demands and other communications required
under
this Agreement or pursuant to any other instrument or document delivered
hereunder shall be in writing and, unless otherwise specifically provided,
may
be delivered personally, by telegram or telex, or by registered or certified
mail, postage prepaid, return receipt requested, at the addresses specified
on
the signature page hereof (unless changed by the particular party whose address
is stated herein by similar notice in writing), in which case the notice
will be
deemed delivered when received.
Section
5.2. Amendments. No
modification or amendment of or supplement to this Agreement shall be valid
or
effective unless the same is in writing and signed by all parties hereto,
and
neither the Depositor, the Master Servicer nor the Trustee shall enter into
any
amendment hereof except as permitted by the Pooling and Servicing
Agreement. The Trustee shall give prompt notice to the Custodian of
any amendment or supplement to the Pooling and Servicing Agreement and furnish
the Custodian with written copies thereof.
Section
5.3. GOVERNING
LAW. THIS AGREEMENT SHALL BE DEEMED A CONTRACT MADE UNDER THE
LAWS OF THE STATE OF NEW YORK AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE
WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REFERENCE
TO ITS
CONFLICT OF LAWS RULES (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL
OBLIGATIONS LAW, WHICH SHALL APPLY HERETO).
Section
5.4. Recordation of
Agreement. 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 Depositor and at the Trust's expense on direction by the
Trustee, but only upon direction accompanied by an Opinion of Counsel reasonably
satisfactory to the Depositor to the effect that the failure to effect such
recordation is likely to materially and adversely affect the interests of
the
Certificateholders.
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
5.5. 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.
[Signature
page follows]
IN WITNESS WHEREOF, this Agreement is executed as of the date first above
written.
Address:
000
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx, Xxx Xxxx 00000
Attention:
Structured Finance Agency & Trust
BSARM
2007-4
Telecopy: (000)
000-0000
|
CITIBANK,
N.A.,
not
individually but solely as Trustee
By:___________________________________
Name:
Title:
|
Address:
000
Xxxxxxx Xxxxxx
Xxx
Xxxx, Xxx Xxxx 00000
|
STRUCTURED
ASSET MORTGAGE INVESTMENTS II INC.
By:___________________________________
Name:
Title:
|
Address:
0000
Xxxx Xxxxx Xxxxx
Xxxxxxxxxx,
Xxxxx 00000
(214)
626-4889
Attention:
Xxxxxxxx Xxxxx
|
EMC
MORTGAGE CORPORATION,
as
Master Servicer and Seller
By:___________________________________
Name:
Title:
|
Address:
0000
Xxxx Xxxxx Xxxxx,
Xxxxxxxxxx,
Xxxxx 00000
Facsimile:
(000) 000-0000
Attention:
Xxxx Xxxxxxxx
|
MASTER
FUNDING LLC,
as
Seller
By:___________________________________ Name:Title:
|
Address:
0000
Xxx Xxxxxxxxx Xxxx
Xxxxxxxx,
Xxxxxxxx 00000
|
XXXXX
FARGO BANK,
NATIONAL
ASSOCIATION,
as
Securities Administrator
By:___________________________________
Name:
Title:
|
Address:
0000
X. Xxx Xxxxxxx Xxxxxx
Xxxx
Xxxxxx, Xxxxxxxxxx 00000
Attention:
Xxxxxxxx Que
Telephone:
(000) 000-0000
Facsimile: (000)
000-0000
|
TREASURY
BANK, A DIVISION OF COUNTRYWIDE BANK FSB,
as
Custodian
By:___________________________________
Name:
Title:
|
STATE
OF
NEW
YORK )
)ss:
COUNTY
OF
NEW
YORK )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared _____________________, known to me to be an
_____________________ of Citibank, N.A., a national banking association
organized under the laws of the United States of America, that executed the
within instrument, and also known to me to be the person who executed it
on
behalf of said national banking association and acknowledged to me that such
national banking association 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
|
[SEAL]
STATE
OF
MARYLAND )
)
ss:
COUNTY
OF
XXXXXX )
On
the
31st day of
May, 2007 before me, a notary public in and for said State, personally appeared
_____________, known to me to be a(n) ______________ of Xxxxx Fargo Bank,
National Association, a national banking association that executed the within
instrument, and also known to me to be the person who executed it on behalf
of
said national banking association, and acknowledged to me that such national
banking association 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
|
[SEAL]
STATE
OF
NEW
YORK )
)ss:
COUNTY
OF
NEW
YORK )
On
the
31st day of
May, 2007 before me, a notary public in and for said State, personally appeared
Xxxxx Xxxxxxxxxxx, known to me to be a Vice President of Structured Asset
Mortgage Investments II 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]
STATE
OF
TEXAS )
)
ss.:
COUNTY
OF )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared __________________known to me to be an authorized
representative of EMC Mortgage 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 national banking association, and acknowledged
to
me that such national banking association 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
|
[SEAL]
STATE
OF
TEXAS )
)
ss.:
COUNTY
OF )
On
the
31st day of
May, 2007 before me, a notary public in and for said State,
personally appeared __________________known to me to be an authorized
representative of Master Funding LLC, 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 national banking association, and acknowledged to me that
such
national banking association 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
|
[SEAL]
STATE
OF
CALIFORNIA )
)
ss:
COUNTY
OF
___________ )
On
the
31st day of
May, 2007 before me, a notary public in and for said State, personally appeared
______________, known to me to be a __________________ of Treasury Bank,
a
division of Countrywide Bank FSB, 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]
SCHEDULE
1
Mortgage
Loans
[Provided
upon Request]
EXHIBIT
ONE
FORM
OF
CUSTODIAN INITIAL CERTIFICATION
May
31,
2007
Citibank,
N.A.
000
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
Structured
Asset Mortgage Investments II Inc.
000
Xxxx
Xxxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Attention:
Xxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
With
a
copy to:
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Attention:
Xxxxxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
Attention:
Bear Xxxxxxx XXX Xxxxx 0000-0, Xxxxxxxx Pass-Through Certificates, Series
2007-4
Re: |
Custodial
Agreement, dated as of May 31, 2007, by and among Citibank,
N.A.,
Structured Asset Mortgage Investments II Inc., EMC Mortgage
Corporation,
Treasury Bank, a division of Countrywide Bank FSB and Master
Funding LLC
relating to Bear Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through
Certificates, Series 2007-4
|
Ladies
and Gentlemen:
In
accordance with Section 2.3 of the above-captioned Custodial Agreement, and
subject to Section 2.02 of the Pooling and Servicing Agreement, the undersigned,
as Custodian, hereby certifies that it has received a Mortgage File (which
contains an original Mortgage Note or lost note affidavit) to the extent
required in Section 2.01 of the Pooling and Servicing Agreement (other than
with
respect to clause (b)(v) thereof, for which no review has been made) with
respect to each Mortgage Loan listed in the Mortgage Loan Schedule, with
any
exceptions listed on Schedule A attached hereto.
Capitalized
words and phrases used herein shall have the respective meanings assigned
to
them in the above-captioned Custodial Agreement.
TREASURY
BANK, A DIVISION OF
COUNTRYWIDE
BANK, FSB
By:______________________________________
Name:
Title:
|
SCHEDULE
A TO EXHIBIT ONE
Exceptions
EXHIBIT
TWO
FORM
OF
CUSTODIAN INTERIM CERTIFICATION
_________
___, 200__
Citibank,
N.A.
000
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
Attn: Structured
Finance—Agency & Trust, BSARM 2007-4
Structured
Asset Mortgage Investments II Inc.
000
Xxxx
Xxxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Attention:
Xxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
With
a
copy to:
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Attention:
Xxxxxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
Attention:
Bear Xxxxxxx XXX Xxxxx 0000-0, Xxxxxxxx Pass-Through Certificates, Series
2007-4
Re: | Custodial Agreement, dated as of May 31, 2007, by and among Citibank, N.A., Structured Asset Mortgage Investments II Inc., EMC Mortgage Corporation, Treasury Bank, a division of Countrywide Bank FSB and Master Funding LLC relating to Bear Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through Certificates, Series 2007-4 |
Ladies
and Gentlemen:
In
accordance with Section 2.3 of the above-captioned Custodial Agreement, the
undersigned, as Custodian, hereby certifies that it has received a Mortgage
File
to the extent required pursuant to Section 2.01 of the Pooling and Servicing
Agreement (other than with respect to clause (b)(v) thereof, for which no
review
has been made) with respect to each Mortgage Loan listed in the Mortgage
Loan
Schedule, and it has reviewed the Mortgage File and the Mortgage Loan Schedule
and has determined that: all required documents have been executed and received
and that such documents related to the Mortgage Loans identified on the Mortgage
Loan Schedule, with any exceptions listed on Schedule A attached
hereto.
Capitalized
words and phrases used herein shall have the respective meanings assigned
to
them in the above-captioned Custodial Agreement.
TREASURY
BANK, A DIVISION OF
COUNTRYWIDE
BANK FSB
By:______________________________________
Name:
Title:
|
SCHEDULE
A TO EXHIBIT TWO
Exceptions
EXHIBIT
THREE
FORM
OF
CUSTODIAN FINAL CERTIFICATION
__________
____, 200__
Citibank,
N.A.
000
Xxxxxxxxx Xxxxxx, 00xx Xxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
Attn: Structured
Finance—Agency & Trust, BSARM 2007-4
Structured
Asset Mortgage Investments II Inc.
000
Xxxx
Xxxxxx
Xxx
Xxxx,
Xxx Xxxx 00000
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Attention:
Xxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
With
a
copy to:
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000
Attention:
Xxxxxxxx Xxxxx
Email:
xxxxxx@xxxx.xxx
Facsimile:
(000) 000-0000
Attention: Bear
Xxxxxxx XXX Xxxxx 0000-0, Xxxxxxxx Pass-Through Certificates, Series
2007-4
|
Re:
|
Custodial
Agreement, dated as of May 31, 2007, by and among Citibank, N.A.,
Structured Asset Mortgage Investments II Inc., EMC Mortgage Corporation,
Treasury Bank, a division of Countrywide Bank FSB and Master Funding
LLC
relating to Bear Xxxxxxx ARM Trust 2007-4, Mortgage Pass-Through
Certificates, Series 2007-4
|
Ladies
and Gentlemen:
In
accordance with Section 2.3 of the above-captioned Custodial Agreement, the
undersigned, as Custodian, hereby certifies that it has received a Mortgage
File
to the extent required pursuant to Section 2.01 of the Pooling and Servicing
Agreement (other than with respect to clause (b)(v) thereof, for which no
review
has been made) with respect to each Mortgage Loan listed in the Mortgage
Loan
Schedule, and it has reviewed the Mortgage File and the Mortgage Loan Schedule
and has determined that an original of each document related thereto required
to
be recorded has been returned from the related recording office with evidence
of
recording thereon, or a certified copy has been obtained from the related
recording office, with any exceptions listed in Schedule A attached
hereto.
Capitalized
words and phrases used herein shall have the respective meanings assigned
to
them in the above-captioned Custodial Agreement.
TREASURY
BANK, A DIVISION OF
COUNTRYWIDE
BANK, FSB
By:______________________________________
Name:
Title:
|
SCHEDULE
A TO EXHIBIT THREE
Exceptions
EXHIBIT
FOUR
SERVICING
CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE
The
assessment of compliance to be delivered by the Custodian shall address,
at a
minimum, the criteria identified as below as “Applicable Servicing
Criteria”;
Servicing
Criteria
|
Applicable
Servicing
Criteria
|
|
Reference
|
Criteria
|
|
General
Servicing Considerations
|
||
1122(d)(1)(i)
|
Policies
and procedures are instituted to monitor any performance or other
triggers
and events of default in accordance with the transaction
agreements
|
|
1122(d)(1)(ii)
|
If
any material servicing activities are outsourced to third parties,
policies and procedures are instituted to monitor the third party’s
performance and compliance with such servicing activities
|
|
1122(d)(1)(iii)
|
Any
requirements in the transaction agreements to maintain a back-up
servicer
for the pool assets are maintained.
|
|
1122(d)(1)(iv)
|
A
fidelity bond and errors and omissions policy is in effect on the
party
participating in the servicing function throughout the reporting
period in
the amount of coverage required by and otherwise in accordance
with the
terms of the transaction agreements.
|
|
Cash
Collection and Administration
|
||
1122(d)(2)(i)
|
Payments
on pool assets are deposited into the appropriate custodial bank
accounts
and related bank clearing accounts no more than two business days
following receipt and identification, or such other number of days
specified in the transaction agreements.
|
|
1122(d)(2)(ii)
|
Disbursements
made via wire transfer on behalf of an obligor or to an investor
are made
only by authorized personnel.
|
|
1122(d)(2)(iii)
|
Advances
of funds or guarantees regarding collections, cash flows or distributions,
and any interest or other fees charged for such advances are made,
reviewed and approved as specified in the transaction
agreements.
|
|
1122(d)(2)(iv)
|
The
related accounts for the transaction, such as cash reserve accounts
or
accounts established as a form of overcollateralization, are separately
maintained (e.g., with respect to commingling of cash) as set forth
in the
transaction agreements.
|
|
1122(d)(2)(v)
|
Each
custodial account is maintained at a federally insured depository
institution as set forth in the transaction agreements. For
purposes of this criterion, “federally insured depository institutions”
with respect to a foreign financial institution means a foreign
financial
institution that meets the requirements of Rule 13k-1(b)(1) of
the
Securities Exchange Act.
|
|
1122(d)(2)(vi)
|
Unissued
checks are safeguarded so as to prevent unauthorized
access.
|
|
1122(d)(2)(vii)
|
Reconciliations
are prepared on a monthly basis for all asset-backed securities
related
bank accounts, including custodial accounts and related bank clearing
accounts. These reconciliations are (A) mathematically accurate;
(B)
prepared within 30 calendar days after the bank statement cutoff
date, or
such other number of days specified in the transaction agreements;
(C)
reviewed and approved by someone other than the person who prepared
the
reconciliations; and (D) contain explanations for reconciling items,
These
reconciling items are resolved within 90 calendar days of their
original
identification, or such other number of days specified in the transaction
agreements.
|
|
Investor
Remittances and Reporting
|
||
1122(d)(3)(i)
|
Reports
to investors, including those to be filed with the Commission,
are
maintained in accordance with the transaction agreements and applicable
Commission requirements. Specifically, such reports (A) are prepared
in
accordance with timeframes and other terms set forth in the transaction
agreements, (B) provide information calculated in accordance with
the
terms specified in the transaction agreements; (C) are filed with
the
Commission as required by its rules and regulations; and (D) agree
with
investors; or the trustee’s records as to the total unpaid principal
balance and number of pool assets serviced by the
servicer.
|
|
1122(d)(3)(ii)
|
Amounts
due to investors are allocated and remitted in accordance with
timeframes,
distribution priority and other terms set forth in the transaction
agreements.
|
|
1122(d)(3)(iii)
|
Disbursements
made to an investor are posted within two business days to the
servicer’s
investor records, or such other number of days specified in the
transaction agreements.
|
|
1122(d)(3)(iv)
|
Amounts
remitted to investors per the investor reports agree with cancelled
checks, or other form of payment, or custodial bank
statements.
|
|
Pool
Asset Administration
|
||
1122(d)(4)(i)
|
Collateral
or security on pool assets is maintained as required by the transaction
agreements or related asset pool documents.
|
√
|
1122(d)(4)(ii)
|
Pool
assets and related documents are safeguarded as required by the
transaction agreements.
|
√
|
1122(d)(4)(iii)
|
Any
additions, removals or substitutions to the asset pool are made,
reviewed
and approved in accordance with any conditions or requirements
in the
transaction agreements
|
|
1122(d)(4)(iv)
|
Payments
on pool assets, including any payoffs, made in accordance with
the related
pool asset documents are posted to the servicer’s obligor records
maintained no more than two business days after receipt, or such
other
number of days specified in the transaction agreements, and allocated
to
principal, interest or other items (e.g., escrow) in accordance
with the
related pool asset documents.
|
|
1122(d)(4)(v)
|
The
servicer’s records regarding the pool assets agree with the servicer’s
records with respect to an obligor’s unpaid principal
balance.
|
1122(d)(4)(vi)
|
Changes
with respect to the terms or status of an obligor’s pool asset (e.g., loan
modifications or re-agings) are made, reviewed and approved by
authorized
personnel in accordance with the transaction agreements and related
pool
asset documents.
|
|
1122(d)(4)(vii)
|
Loss
mitigation of recovery actions (e.g., forbearance plans, modifications
and
deed in lieu of foreclosure, foreclosures and repossessions, as
applicable) are initiated, conducted and concluded in accordance
with the
timeframes or other requirements established by the transaction
documents.
|
|
1122(d)(4)(viii)
|
Records
documenting collection efforts are maintained during the period
a pool
asset is delinquent in accordance with the transaction agreements.,
Such
records are maintained in at least a monthly basis, or such other
period
specified in the transaction agreements, and describe the entity’s
activities in monitoring delinquent pool assets including, for
example,
phone calls, letters and payment rescheduling plans in cases where
delinquency is deemed temporary (e.g., illness or
unemployment).
|
|
1122(d)(4)(ix)
|
Adjustments
to interest rates or rates of return for pool assets
with variable rates are computed based on the related pool
asset documents.
|
|
1122(d)(4)(x)
|
Regarding
any funds held in trust for an obligor (such as escrow accounts);
(A) such
funds are analyzed, in accordance with the obligor’s pool asset documents,
on at least an annual basis, or such other period specified in
the
transaction agreements; (B) interest on such funds is paid, or
credited,
to obligors in accordance with applicable pool asset documents
and state
laws; and (C) such funds are returned to the obligor within 3-
calendar
days of full repayment of the related pool asset, or such other
number of
days specified in the transaction agreements.
|
|
1122(d)(4)(xi)
|
Payments
made on behalf of an obligor (such as tax ore insurance payments)
are made
on or before the related penalty or expiration dates, as indicated
on the
appropriate bills or notices for such payments, provided that such
support
has been received by the service at least 30 calendar days prior
to these
dates, or such other number of days specified in the transaction
agreements.
|
|
1122(d)(4)(xii)
|
Any
late payment penalties in connection with any payment to be made
on behalf
of an obligor are paid from the servicer’s funds and not charged to the
obligor, unless the late payment was due to the obligor’s error or
omission.
|
|
1122(d)(4)(xiii)
|
Disbursements
made on behalf of an obligor are posted within two business days
to the
obligor’s records maintained by the servicer, or such other number of days
specified in the transaction agreements.
|
|
1122(d)(4)(xiv)
|
Delinquencies,
charge-offs and uncollectible funds are recognized and recorded
in
accordance with the transaction agreements.
|
|
1122(d)(4)(xv)
|
Any
external enhancement or other support, identified in item 1114(a)(1)
through (3) or item 1115 of Regulation AB, is maintained as set
forth in
the transaction agreements.
|
EXHIBIT
H-1
COUNTRYWIDE
SERVICING AGREEMENT
EMC
Mortgage Corporation,
Purchaser
and
Countrywide
Home Loans, Inc.,
Company
SELLER’S
WARRANTIES AND SERVICING AGREEMENT
Dated
as
of September 1, 2002
Residential
Adjustable Rate Mortgage Loans
TABLE
OF
CONTENTS
ARTICLE
I
|
|
DEFINITIONS
|
|
|
|
ARTICLE
II
|
|
CONVEYANCE
OF MORTGAGE LOANS; POSSESSION OF MORTGAGE FILES;
|
|
BOOKS
AND RECORDS; DELIVERY OF DOCUMENTS
|
|
Section
2.01
|
Conveyance
of Mortgage Loans; Possession of Mortgage Files; Maintenance
of Servicing
Files.
|
Section
2.02
|
Books
and Records; Transfers of Mortgage Loans.
|
Section
2.03
|
Delivery
of Documents.
|
ARTICLE
III
|
|
REPRESENTATIONS
AND WARRANTIES;
|
|
REMEDIES
AND BREACH
|
|
Section
3.01
|
Company
Representations and Warranties.
|
Section
3.02
|
Representations
and Warranties Regarding Individual Mortgage Loans.
|
Section
3.03
|
Remedies
for Breach of Representations and Warranties.
|
Section
3.04
|
Indemnification.
|
Section
3.05
|
Repurchase
Upon Conversion.
|
Section
3.06
|
Restrictions
and Requirements Applicable in the Event that
a Mortgage Loan is Acquired by a REMIC
|
Section
3.07
|
Review
of Mortgage Loans
|
ARTICLE
IV
|
|
ADMINISTRATION
AND SERVICING OF MORTGAGE LOANS
|
|
Section
4.01
|
Company
to Act as Servicer.
|
Section
4.02
|
Liquidation
of Mortgage Loans.
|
Section
4.03
|
Collection
of Mortgage Loan Payments.
|
Section
4.04
|
Establishment
of and Deposits to Custodial Account.
|
Section
4.05
|
Permitted
Withdrawals From Custodial Account.
|
Section
4.06
|
Establishment
of and Deposits to Escrow Account.
|
Section
4.07
|
Permitted
Withdrawals From Escrow Account.
|
Section
4.08
|
Payment
of Taxes, Insurance and Other Charges.
|
Section
4.09
|
Protection
of Accounts.
|
Section
4.10
|
Maintenance
of Hazard Insurance.
|
Section
4.11
|
Maintenance
of Mortgage Impairment Insurance.
|
Section
4.12
|
Maintenance
of Fidelity Bond and Errors and Omissions Insurance.
|
Section
4.13
|
Inspections.
|
Section
4.14
|
Restoration
of Mortgaged Property.
|
Section
4.15
|
Maintenance
of PMI and LPMI Policy; Claims.
|
Section
4.16
|
Title,
Management and Disposition of REO Property.
|
Section
4.17
|
Real
Estate Owned Reports.
|
Section
4.18
|
Liquidation
Reports.
|
Section
4.19
|
Reports
of Foreclosures and Abandonments of Mortgaged Property.
|
Section
4.20
|
Notification
of Adjustments.
|
ARTICLE
V
|
|
PAYMENTS
TO PURCHASER
|
|
Section
5.01
|
Remittances.
|
Section
5.02
|
Statements
to Purchaser.
|
Section
5.03
|
Monthly
Advances by Company.
|
ARTICLE
VI
|
|
GENERAL
SERVICING PROCEDURES
|
|
Section
6.01
|
Transfers
of Mortgaged Property.
|
Section
6.02
|
Satisfaction
of Mortgages and Release of Mortgage Files.
|
Section
6.03
|
Servicing
Compensation.
|
Section
6.04
|
Annual
Statement as to Compliance.
|
Section
6.05
|
Annual
Independent Public Accountants’ Servicing Report.
|
Section
6.06
|
Right
to Examine Company Records.
|
ARTICLE
VII
|
|
AGENCY
TRANSFER; PASS-THROUGH TRANSFER
|
|
Section
7.01
|
Removal
of Mortgage Loans from Inclusion Under this Agreement Upon an
Agency
Transfer, or a Pass-Through Transfer on One or More Reconstitution
Dates.
|
Section
7.02
|
Purchaser’s
Repurchase and Indemnification Obligations.
|
ARTICLE
VIII
|
|
COMPANY
TO COOPERATE
|
|
Section
8.01
|
Provision
of Information.
|
Section
8.02
|
Financial
Statements; Servicing Facility.
|
ARTICLE
IX
|
|
THE
COMPANY
|
|
Section
9.01
|
Indemnification;
Third Party Claims.
|
Section
9.02
|
Merger
or Consolidation of the Company.
|
Section
9.03
|
Limitation
on Liability of Company and Others.
|
Section
9.04
|
Limitation
on Resignation and Assignment by Company.
|
ARTICLE
X
|
|
DEFAULT
|
|
Section
10.01
|
Events
of Default.
|
Section
10.02
|
Waiver
of Defaults.
|
ARTICLE
XI
|
|
TERMINATION
|
|
Section
11.01
|
Termination.
|
Section
11.02
|
Termination
Without Cause.
|
ARTICLE
XII
|
|
MISCELLANEOUS
PROVISIONS
|
|
Section
12.01
|
Successor
to Company.
|
Section
12.02
|
Amendment.
|
Section
12.03
|
Governing
Law.
|
Section
12.04
|
Duration
of Agreement.
|
Section
12.05
|
Notices.
|
Section
12.06
|
Severability
of Provisions.
|
Section
12.07
|
Relationship
of Parties.
|
Section
12.08
|
Execution;
Successors and Assigns.
|
Section
12.09
|
Recordation
of Assignments of Mortgage.
|
Section
12.10
|
Assignment
by Purchaser.
|
Section
12.11
|
No
Personal Solicitation.
|
EXHIBITS
EXHIBIT
A
|
MORTGAGE
LOAN SCHEDULE
|
EXHIBIT
B
|
CONTENTS
OF EACH MORTGAGE FILE
|
EXHIBIT
C
|
MORTGAGE
LOAN DOCUMENTS
|
EXHIBIT
D-1
|
FORM
OF CUSTODIAL ACCOUNT
|
|
CERTIFICATION
|
EXHIBIT
D-2
|
FORM
OF CUSTODIAL ACCOUNT
|
|
LETTER
AGREEMENT
|
EXHIBIT
E-1
|
FORM
OF ESCROW ACCOUNT CERTIFICATION
|
EXHIBIT
E-2
|
FORM
OF ESCROW ACCOUNT
|
|
LETTER
AGREEMENT
|
EXHIBIT
F
|
FORM
OF MONTHLY REMITTANCE ADVICE
|
EXHIBIT
G
|
FORM
OF ASSIGNMENT AND ASSUMPTION
|
EXHIBIT
H
|
UNDERWRITING
GUIDELINES
|
This
is a
Seller’s Warranties and Servicing Agreement for residential adjustable rate
first lien mortgage loans, dated and effective as of September 1, 2002,
and is
executed between EMC Mortgage Corporation, as purchaser (the
“Purchaser”), and Countrywide Home Loans, Inc., as seller and servicer
(the “Company”).
W I T N E S S E T H:
WHEREAS,
from time to time the Purchaser has agreed to purchase from the Company
and from
time to time the Company has agreed to sell to the Purchaser certain Mortgage
Loans (excluding the right to service the Mortgage Loans which the Company
expressly retains);
WHEREAS,
each of the Mortgage Loans is secured by a mortgage, deed of trust or other
security instrument creating a first lien on a residential dwelling located
in
the jurisdiction indicated on the related Mortgage Loan Schedule, which
is
annexed hereto as Exhibit A;
WHEREAS,
the Company has agreed to service, from time to time, certain of the Mortgage
Loans acquired by the Purchaser in accordance with the terms and provisions
of
this Agreement; and
WHEREAS,
the Purchaser and the Company wish to prescribe the manner of purchase
of the
Mortgage Loans and the management, servicing and control of the Mortgage
Loans
which from time to time are subject to this Agreement.
NOW,
THEREFORE, in consideration of the mutual agreements hereinafter set forth,
and
for other good and valuable consideration, the receipt and adequacy of
which is
hereby acknowledged, the Purchaser and the Company agree as
follows:
ARTICLE
I
DEFINITIONS
Whenever
used herein, the following words and phrases, unless the context otherwise
requires, shall have the following meanings:
Accepted
Servicing Practices: With respect to any Mortgage Loan, those
mortgage servicing practices of prudent mortgage lending institutions which
service mortgage loans of the same type as such Mortgage Loan in the
jurisdiction where the related Mortgaged Property is located.
Agency
Transfer: The sale or transfer by Purchaser of some or all of the
Mortgage Loans to Xxxxxx Xxx under its Cash Purchase Program or its MBS
Swap
Program (Special Servicing Option) or to Xxxxxxx Mac under its Xxxxxxx
Xxx Xxxx
Program or Gold PC Program, retaining the Company as “servicer
thereunder”.
Agreement: This
Seller’s Warranties and Servicing Agreement and all amendments hereof and
supplements hereto.
ALTA: The
American Land Title Association or any successor thereto.
Appraised
Value: The value set forth in an appraisal made in connection with the
origination of the related Mortgage Loan as the value of the Mortgaged
Property.
Approved
Flood Certification Provider: Any provider acceptable to Xxxxxx
Xxx and Xxxxxxx Mac.
Assignment
and Conveyance: An Assignment and Conveyance in the form of Exhibit 6
to the Mortgage Loan Purchase Agreement dated as of the date hereof, by
and
between the Seller and the Purchaser.
Assignment
of Mortgage: 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
the
sale of the Mortgage to the Purchaser.
BIF: The
Bank Insurance Fund, or any successor thereto.
Business
Day: Any day other than (i) a Saturday or Sunday, or (ii) a day
on which banking and savings and loan institutions in the State of New
York or
California are authorized or obligated by law or executive order to be
closed.
Closing
Date: The date set forth on the related Confirmation on which the Purchaser
from time to time shall purchase and the Company from time to time shall
sell,
the Mortgage Loans listed on the related Mortgage Loan Schedule.
Code: The
Internal Revenue Code of 1986, as it may be amended from time to time or
any
successor statute thereto, and applicable U.S. Department of the Treasury
regulations issued pursuant thereto.
Company: Countrywide
Home Loans, Inc., or its successor in interest or assigns, or any successor
to
the Company under this Agreement appointed as herein provided.
Condemnation
Proceeds: All awards or settlements in respect of a Mortgaged
Property, whether permanent or temporary, partial or entire, by exercise
of the
power of eminent domain or condemnation, to the extent not required to
be
released to a Mortgagor in accordance with the terms of the related Mortgage
Loan Documents.
Confirmation: The
trade confirmation letter between the parties hereto which relates to the
Mortgage Loans on the related Closing Date.
Convertible
Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the Mortgagor is permitted
to
convert the Mortgage Loan to a fixed-rate mortgage loan at any time between
the
first anniversary and the fifth anniversary of the origination of the mortgage
loan.
Custodial
Account: The separate account or accounts created and maintained
pursuant to Section 4.04.
Custodial
Agreement: That certain Custodial Agreement, dated as of November 23,1999 by
and between the Purchaser and Xxxxx Fargo Bank Minnesota, N.A.
Custodian: The
Custodian under the Custodial Agreement, or its successor in interest or
assigns
or any successor to the Custodian under the Custodial Agreement as provided
therein.
Cut-off
Date: The date set forth on the related Confirmation.
Deleted
Mortgage Loan: A Mortgage Loan which is repurchased by the
Company in accordance with the terms of this Agreement and which is, in
the case
of a substitution pursuant to Section 3.03, replaced or to be replaced
with a
Qualified Substitute Mortgage Loan.
Determination
Date: The 15th
day (or if such
15th day
is not
a Business Day, the Business Day immediately preceding such 15th day)
of the month
of the related Remittance Date.
Disqualified
Organization: An organization defined as such in Section 860E(e)
of the Code.
Due
Date: The day of the month on which the Monthly Payment is due on
a Mortgage Loan, exclusive of any days of grace. With respect to the Mortgage
Loans for which payment from the Mortgagor is due on a day other than the
first
day of the month, such Mortgage Loans will be treated as if the Monthly
Payment
is due on the first day of the month of such Due Date.
Due
Period: With respect to each Remittance Date, the prior calendar
month.
Eligible
Investments: Any one or more of the obligations and securities
listed below which investment provides for a date of maturity not later
than the
Determination Date in each month:
(i) direct
obligations of, and obligations fully guaranteed by, the United States
of
America, or any agency or instrumentality of the United States of America
the
obligations of which are backed by the full faith and credit of the United
States of America; and
(ii) federal
funds, demand and time deposits in, certificates of deposits of, or bankers’
acceptances issued by, any depository institution or trust company incorporated
or organized under the laws of the United States of America or any state
thereof
and subject to supervision and examination by federal and/or state banking
authorities, so long as at the time of such investment or contractual commitment
providing for such investment the commercial paper or other short-term
debt
obligations of such depository institution or trust company (or, in the
case of
a depository institution or trust company which is the principal subsidiary
of a
holding company, the commercial paper or other short-term debt obligations
of
such holding company) are rated “P-1” by Xxxxx’x Investors Service, Inc. and the
long-term debt obligations of such holding company) are rated “P-1” by Xxxxx’x
Investors Service, Inc. and the long-term debt obligations of such depository
institution or trust company (or, in the case of a depository institution
or
trust company which is the principal subsidiary of a holding company, the
long-term debt obligations of such holding company) are rated at least
“Aa” by
Xxxxx’x Investors Service, Inc.;
(iii) investments
and securities otherwise acceptable to Xxxxxx Mae and Xxxxxxx Mac.
provided,
however, that no such instrument shall be an Eligible Investment if such
instrument evidences either (i) a right to receive only interest payments
with respect to the obligations underlying such instrument, or (ii) 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 of greater than 120% of the yield
to
maturity at par of such underlying obligations.
Errors
and Omissions Insurance Policy: An errors and omissions insurance
policy to be maintained by the Company pursuant to Section 4.12.
Escrow
Account: The separate account or accounts created and maintained
pursuant to Section 4.06.
Escrow
Payments: With respect to any Mortgage Loan, the amounts
constituting ground rents, taxes, assessments, water rates, sewer rents,
municipal charges, mortgage insurance premiums, fire and hazard insurance
premiums, condominium charges, and any other payments required to be escrowed
by
the Mortgagor with the mortgagee pursuant to the Mortgage or any other
related
document.
Event
of Default: Any one of the conditions or circumstances enumerated
in Section 10.01.
Xxxxxx
Mae: The Federal National Mortgage Association, or any successor
thereto.
Xxxxxx
Xxx Guides: The Xxxxxx Xxx Xxxxxxx’ Guide and the Xxxxxx Xxx
Servicers’ Guide and all amendments or additions thereto.
FDIC: The
Federal Deposit Insurance Corporation, or any successor thereto.
Fidelity
Bond: A fidelity bond to be maintained by the Company pursuant to
Section 4.12.
First
Remittance Date: As stated in the related Mortgage Loan Purchase
Agreement.
5/1
ARM Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the interest rate on such
Mortgage
Loan is fixed for the first five (5) years of the term of the related Mortgage
Loan and which thereafter is converted to a Treasury Rate Mortgage Loan
or a
LIBOR Mortgage Loan except that the Periodic Rate Cap does not apply to
the
initial Interest Rate Adjustment Date for the related Mortgage
Loan.
Xxxxxxx
Mac: The Federal Home Loan Mortgage Corporation, or any successor
thereto.
GEMICO: General
Electric Mortgage Insurance Corporation or any successor thereto.
Gross
Margin: With respect to each Mortgage Loan, the fixed percentage amount set
forth on the related Mortgage Note, which amount is added to the Index
in
accordance with the terms of the related Mortgage Note to determine on
each
Interest Rate Adjustment Date, the Mortgage Interest Rate for such Mortgage
Loan.
Index:
With respect to any individual Treasury Rate Mortgage Loan, and with respect
to
any individual 10/1 ARM Mortgage Loan, 5/1 ARM Mortgage Loan or 3/1 ARM
Mortgage
Loan commencing from and after the 120th Monthly Payment, sixtieth Monthly
Payment, or the thirty-sixth Monthly Payment thereof, respectively, Index
shall
mean a rate per annum equal to the weekly average yield on U.S. Treasury
securities adjusted to a constant maturity of one year as published by
the
Federal Reserve Board in statistical release No. H 15 (519) or any similar
publication as available 45 days prior to the Interest Rate Adjustment
Date.
With respect to any individual LIBOR Mortgage Loan, Index shall mean a
rate per
annum equal to the average of interbank offered rates for twelve month
U.S.
dollar denominated deposits in the London market as determined as set forth
in
the related Mortgage Note. With respect to any individual CD Mortgage Loan,
Index shall mean a rate per annum equal to the weekly average yield on
certificates of deposit adjusted to a constant maturity of six months as
published by the Federal Reserve Board in statistical release No. H 15
(519) or
similar publication as available 45 days prior to the Interest Rate Adjustment
Date.
Initial
Rate Cap: With respect to each Mortgage Loan and the initial Interest Rate
Adjustment Date therefor, a number of percentage points per annum that
is set
forth in the related Mortgage Loan Schedule and in the related Mortgage
Note,
which is the maximum amount by which the Mortgage Interest Rate for such
Mortgage Loan may increase or decrease from the Mortgage Interest Rate
in effect
immediately prior to such Interest Rate Adjustment Date.
Insurance
Proceeds: With respect to each Mortgage Loan, proceeds of
insurance policies insuring the Mortgage Loan or the related Mortgaged
Property.
Interest
Rate Adjustment Date: The date on which an adjustment to the Mortgage
Interest Rate on a Mortgage Note becomes effective.
LIBOR
Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the interest rate on such
Mortgage
Loan is adjusted annually based upon the rate per annum equal to the average
of
interbank offered rates for twelve month U.S. dollar denominated deposits
in the
London market as published in The Wall Street Journal.
Lifetime
Mortgage Interest Rate Cap: With respect to each Mortgage Loan, the absolute
maximum Mortgage Interest Rate payable, above which the Mortgage Interest
Rate
cannot be adjusted. The Mortgage Interest Rate during the term of a Mortgage
Loan shall not at any time exceed the Mortgage Interest Rate at the time
of
origination of such Mortgage Loan by more than 5% per
Liquidation
Proceeds: Cash received in connection with the liquidation of a
defaulted Mortgage Loan, whether through the sale or assignment of such
Mortgage
Loan, trustee’s sale, foreclosure sale or otherwise, or the sale of the related
Mortgaged Property if the Mortgaged Property is acquired in satisfaction
of the
Mortgage Loan.
Loan-to-Value
Ratio or LTV: With respect to any Mortgage Loan, the ratio of the
Stated Principal Balance of the Mortgage Loan as of the related Cut-off
Date
(unless otherwise indicated) to the lesser of (a) the Appraised Value of
the
Mortgaged Property and (b) if the Mortgage Loan was made to finance the
acquisition of the related Mortgaged Property, the purchase price of the
Mortgaged Property, expressed as a percentage.
LPMI
Loan: A Mortgage Loan with a LPMI Policy.
LPMI
Policy: A policy of primary mortgage guaranty insurance issued by another
Qualified Insurer pursuant to which the related premium is to be paid by
the
Servicer of the related Mortgage Loan from payments of interest made by
the
Mortgagor in an amount as is set forth in the related Confirmation and
related
Mortgage Loan Schedule.
LPMI
Fee: With respect to each LPMI Loan, the portion of the Mortgage Interest
Rate as set forth on the related Mortgage Loan Schedule (which shall be
payable
solely from the interest portion of Monthly Payments, Insurance Proceeds,
Condemnation Proceeds or Liquidation Proceeds), which, during such period
prior
to the required cancellation of the LPMI Policy, shall be used to pay the
premium due on the related LPMI Policy.
MERS: Mortgage
Electronic Registration Systems, Inc., a corporation organized and existing
under the laws of the State of Delaware, or any successor thereto.
MERS
Mortgage Loan: Any Mortgage Loan registered with MERS on the MERS
System.
MERS
System: The system of recording transfers of mortgages
electronically maintained by MERS.
MIN: The
Mortgage Identification Number for any MERS Mortgage Loan.
Monthly
Advance: The portion of Monthly Payment delinquent with respect
to each Mortgage Loan at the close of business on the Determination Date
required to be advanced by the Company pursuant to Section 5.03 on the
Business
Day immediately preceding the Remittance Date of the related month.
Monthly
Payment: The scheduled monthly payment of principal and interest
on a Mortgage Loan.
Mortgage: The
mortgage, deed of trust or other instrument securing a Mortgage Note, which
creates a first lien on an unsubordinated estate in fee simple in real
property
securing the Mortgage Note.
Mortgage
File: The items pertaining to a particular Mortgage Loan referred
to in Exhibit B annexed hereto, and any additional documents required to
be added to the Mortgage File pursuant to this Agreement.
Mortgage
Impairment Insurance Policy: A mortgage impairment or blanket
hazard insurance policy as described in Section 4.11.
Mortgage
Interest Rate: The annual rate at which Interest accrues on any Mortgage
Loan as adjusted from time to time in accordance with the provisions of
the
related Mortgage Note and in compliance with the related Initial Rate Cap,
Lifetime Mortgage Interest Rate Cap and Periodic Rate Cap, if any, of the
related Mortgage Note.
Mortgage
Loan: An individual Convertible or Non-Convertible, Treasury Rate, LIBOR,
5/1 ARM, or 3/1 ARM Mortgage Loan which is the subject of this Agreement,
each
Mortgage Loan originally sold and subject to this Agreement being identified
on
the Mortgage Loan Schedule, which Mortgage Loan includes without limitation
the
Mortgage File, the Monthly Payments, Principal Prepayments, Liquidation
Proceeds, condemnation proceeds, Insurance Proceeds, REO disposition proceeds,
and all other rights, benefits, proceeds and obligations arising from or
in
connection with such Mortgage Loan.
Mortgage
Loan Documents: The documents listed in Exhibit C
hereto.
Mortgage
Loan Package: A pool of Mortgage Loans sold to the Purchaser by the Company
on a Closing Date.
Mortgage
Loan Remittance Rate: With respect to each Mortgage Loan, the
annual rate of interest remitted to the Purchaser, which shall be equal
to the
Mortgage Interest Rate minus (i) the Servicing Fee Rate and (ii) with respect
to
LPMI Loans, the LPMI Fee.
Mortgage
Loan Schedule: With respect to each Mortgage Loan Package, a schedule of
Mortgage Loans annexed hereto as Annex A, such schedule setting forth the
following information with respect to each Mortgage Loan: (1) the Company’s
Mortgage Loan identifying number; (2) the Mortgagor’s name; (3) the street
address of the Mortgaged Property including the city, state and zip code;
(4) a
code indicating whether the Mortgaged Property is owner-occupied a second
home,
or an investment property; (5) the number and type of residential units
constituting the Mortgaged Property; (6) the original months to maturity;
(7)
the Loan-to-Value Ratio at origination; (8) the Mortgage Interest Rate
as of the
Cut-off Date; (9) the date on which the initial Monthly Payment was due
on the
Mortgage Loan; (10) the stated maturity date; (11) the amount of the Monthly
Payment as of the Cut-off Date; (12) the last payment date on which a payment
was actually applied to the outstanding principal balance; (13) the original
principal amount of the Mortgage Loan; (14) the principal balance of the
Mortgage Loan as of the close of business on the Cut-off Date, after deduction
of payments of principal due on or before the Cut-off Date whether or not
collected; (15) a code indicating the purpose of the loan (i.e., purchase,
rate
and term refinance, equity take-out refinance); (16) a code indicating
the
documentation style (i.e. full, alternative or reduced); (17) the Interest
Rate
Adjustment Date; (18) the Gross Margin; (19) the lifetime maximum Mortgage
Interest Rate under the terms of the Mortgage Note; (20) the date the Mortgage
Loan was originated; (21) the Periodic Rate Cap; (22) a code indicating
the
company providing private mortgage insurance; (23) a code indicating if
the
Mortgage Loan is convertible; (24) the Servicing Fee Rate; (25) the LPMI
Fee, if
any; and (26) the Initial Rate Cap. With respect to the Mortgage Loans
in the
aggregate, the Mortgage Loan Schedule shall set forth the following information,
as of the Cut-off Date: (1) the number of Mortgage Loans; (2) the current
aggregate outstanding principal balance of the Mortgage Loans; (3) the
weighted
average Mortgage Interest Rate of the Mortgage Loans; and (4) the weighted
average maturity of the Mortgage Loans. The Mortgage Loan Schedule
may consist of multiple reports that collectively set forth all of the
required
information.
Mortgage
Note: The note or other evidence of the indebtedness of a
Mortgagor secured by a Mortgage.
Mortgaged
Property: The real property securing repayment of the debt
evidenced by a Mortgage Note.
Mortgagor: The
obligor on a Mortgage Note.
Non-Convertible
Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which does not contain a provision whereby the Mortgagor may
convert
the Mortgage Loan to a fixed-rate mortgage loan.
Officer’s
Certificate: A certificate signed by the Chairman of the Board or
the Vice Chairman of the Board or the President or a Vice President or
an
assistant Vice President and by the Treasurer or the Secretary or one of
the
Assistant Treasurers or Assistant Secretaries of the Company, and delivered
to
the Purchaser as required by this Agreement.
Opinion
of Counsel: A written opinion of counsel, who may be an employee
of the Company, reasonably acceptable to the Purchaser, provided that any
Opinion of Counsel relating to compliance with the REMIC Provisions, must
be an
opinion of counsel who (i) is in fact independent of the Company and any
master
servicer of the Mortgage Loans, (ii) does not have any material direct
or
indirect financial interest in the Company or any master servicer of the
Mortgage Loans or in an affiliate of either and (iii) is not connected
with the
Company or any master servicer of the Mortgage Loans as an officer, employee,
director or person performing similar functions.
Pass-Through
Transfer: The sale or transfer of some or all of the Mortgage
Loans to a trust to be formed as part of a publicly-issued and/or privately
placed, rated or unrated, mortgage pass-through transaction, retaining
the
Company as “servicer” (with or without a master servicer)
thereunder.
Periodic
Rate Cap: With respect to each Mortgage Loan, the provision of each Mortgage
Note which provides for an absolute maximum amount by which the Mortgage
Interest Rate therein may increase or decrease on an Interest Rate Adjustment
Date above the Mortgage Interest Rate previously in effect, equal to the
rate
set forth on the Mortgage Loan Schedule per adjustment.
Person: Any
individual, corporation, partnership, joint venture, association, joint-stock
company, trust, unincorporated organization, government or any agency or
political subdivision thereof.
PMI: PMI
Mortgage Insurance Co., or any successor thereto.
PMI
Policy: A policy of primary mortgage guaranty insurance issued by
a Qualified Insurer, as required by this Agreement with respect to certain
Mortgage Loans.
Pool
Insurer: Any of GEMICO, PMI or UGI.
Prepayment
Interest Shortfall Amount: With respect to any Mortgage Loan that
was subject to a Principal Prepayment in full or in part during any Due
Period,
which Principal Prepayment was applied to such Mortgage Loan prior to such
Mortgage Loan’s Due Date in such Due Period, the amount of interest (net the
related Servicing Fee) that would have accrued on the amount of such Principal
Prepayment during the period commencing on the date as of which such Principal
Prepayment was applied to such Mortgage Loan and ending on the day immediately
preceding such Due Date, inclusive.
Prime
Rate: The prime rate announced to be in effect from time to time,
as published as the average rate in the “Money Rates” section of
TheWallStreetJournal.
Principal
Prepayment: Any payment or other recovery of principal on a
Mortgage Loan which is received in advance of its scheduled Due Date, including
any prepayment penalty or premium thereon and which is not accompanied
by an
amount of interest representing scheduled interest due on any date or dates
in
any month or months subsequent to the month of prepayment.
Principal
Prepayment Period: The month preceding the month in which the
related Remittance Date occurs.
Purchaser: EMC
Mortgage Corporation or its successor in interest or any successor to the
Purchaser under this Agreement as herein provided.
Qualified
Depository: A depository the accounts of which are insured by the
FDIC through the BIF or the SAIF or the debt obligations of which are rated
AA
(or the equivalent rating category) or better by national recognized statistical
rating organization.
Qualified
Insurer: A mortgage guaranty insurance company duly authorized
and licensed where required by law to transact mortgage guaranty insurance
business and approved as an insurer by Xxxxxx Xxx or Xxxxxxx Mac.
Qualified
Substitute Mortgage Loan: A mortgage loan eligible to be
substituted by the Company for a Deleted Mortgage Loan which must, on the
date
of such substitution, (i) have an outstanding principal balance, after
deduction
of all scheduled payments 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 principal balance), not in excess of the Stated Principal Balance
of
the Deleted Mortgage Loan; (ii) have a Mortgage Loan Remittance Rate not
less
than and not more than 2% greater than the Mortgage Loan Remittance Rate
of the
Deleted Mortgage Loan; (iii) have a remaining term to maturity not greater
than
and not more than one year less than that of the Deleted Mortgage Loan;
(iv)
have a Gross Margin not less than that of the Deleted Mortgage Loan; (v)
comply
with each representation and warranty set forth in Sections 3.01 and 3.02;
(v)
use the same Index for determining the Mortgage Interest Rate as the Deleted
Mortgage Loan; (vi) have the same provision with respect to convertibility
as
the Deleted Mortgage Loan; and (viii) be a REMIC Eligible Mortgage
Loan.
Rating
Agency: Any of Fitch, Xxxxx’x or Standard & Poor’s or their
respective successors designed by the Purchaser.
Reconstitution
Agreements: The agreement or agreements entered into by the
Purchaser, the Company, Xxxxxx Mae or Xxxxxxx Mac or certain third parties
on
the Reconstitution Date(s) with respect to any or all of the Mortgage Loans
serviced hereunder, in connection with a Pass-Through Transfer or an Agency
Transfer as set forth in Section 7.01, including, but not limited to, (i)
a
Xxxxxx Mae Mortgage Selling and Servicing Contract, a Pool Purchase Contract,
and any and all servicing agreements and tri-party agreements reasonably
required by Xxxxxx Xxx with respect to a Xxxxxx Mae Transfer, (ii) a Purchase
Contract and all purchase documents associated therewith as set forth in
the
Xxxxxxx Xxx Xxxxxxx’ & Servicers’ Guide, and any and all servicing
agreements and tri-party agreements reasonably required by Xxxxxxx Mac
with
respect to a Xxxxxxx Mac Transfer, and (iii) a Pooling and Servicing Agreement
and/or a subservicing/master servicing agreement and related custodial/trust
agreement and related documents with respect to a Pass-Through Transfer.
Such
agreement or agreements shall prescribe the rights and obligations of the
Company in servicing the related Mortgage Loans and shall provide for servicing
compensation to the Company (calculated on a weighted average basis for
all the
related Mortgage Loans as of the Reconstitution Date), net of any guarantee
fees
due Xxxxxx Mae or Xxxxxxx Mac, if applicable, at least equal to the Servicing
Fee due the Company in accordance with this Agreement or the servicing
fee
required pursuant to the Reconstitution Agreement. The form of relevant
Reconstitution Agreement to be entered into by the Purchaser and/or master
servicer or trustee and the Company with respect to Pass-Through Transfers
shall
be reasonably satisfactory in form and substance to the Purchaser and the
Company, shall not material increase the Company’s obligations or diminish the
Company’s rights hereunder and the representations and warranties and servicing
provisions contained therein shall be substantially similar to those contained
in this Agreement, unless otherwise mutually agreed by the parties.
Reconstitution
Date: The date or dates on which any or all of the Mortgage Loans
serviced under this Agreement shall be removed from this Agreement and
reconstituted as part of an Agency Transfer or a Pass-Through Transfer
pursuant
to Section 7.01 hereof. On such date or dates, the Mortgage Loans transferred
shall cease to be covered by this Agreement and the Company’s servicing
responsibilities shall cease under this Agreement with respect to the related
transferred Mortgage Loans.
Record
Date: The close of business of the last Business Day of the month
preceding the month of the related Remittance Date.
REMIC: A
“real estate mortgage investment conduit” within the meaning of Section 860D of
the Code.
REMIC
Documents: The document or documents creating and governing the
administration of a REMIC.
REMIC
Eligible Mortgage Loan: A Mortgage Loan held by a REMIC which
satisfies and/or complies with all applicable REMIC Provisions.
REMIC
Provisions: Provisions of the federal income tax law relating to
a REMIC, which appear at Section 860A through 86OG of Subchapter M of Chapter
1,
Subtitle A of the Code, and related provisions, and regulations, rulings
or
pronouncements promulgated thereunder, as the foregoing may be in effect
from
time to time.
Remittance
Date: The 18th day (or if such 18th day is not a Business Day,
the first Business Day immediately following) of any month, beginning with
the
First Remittance Date.
REO
Disposition: The final sale by the Company of any REO
Property.
REO
Disposition Proceeds: All amounts received with respect to an REO
Disposition pursuant to Section 4.16.
REO
Property: A Mortgaged Property acquired by the Company on behalf
of the Purchasers through foreclosure or by deed in lieu of foreclosure,
as
described in Section 4.16.
Repurchase
Price: With respect to any Mortgage Loan, a price equal to (i)
the Stated Principal Balance of the Mortgage Loan plus (ii) interest on
such
Stated Principal Balance at the Mortgage Loan Remittance Rate from the
date on
which interest has last been paid and distributed to the Purchaser to the
date
of repurchase, less amounts received or advanced in respect of such repurchased
Mortgage Loan which are being held in the Custodial Account for distribution
in
the month of repurchase.
SAIF: The
Savings Association Insurance Fund, or any successor thereto.
Securities
Act of 1933 or the 1933 Act: The Securities Act of 1933, as
amended.
Servicing
Advances: All customary, reasonable and necessary “out of pocket”
costs and expenses other than Monthly Advances (including reasonable
attorneys’
fees and disbursements) incurred in the performance by the Company of its
servicing obligations, including, but not limited to, the cost of (a) the
preservation, restoration and protection of the Mortgaged Property, (b)
any
enforcement or judicial proceedings, including without limitation, foreclosures,
(c) the management and liquidation of any REO Property and (d) compliance
with
the obligations under Section 4.08.
Servicing
Fee: With respect to each Mortgage Loan, the amount of the annual
fee the Purchaser shall pay to the Company, which shall, for a period of
one
full month, be equal to one-twelfth of the product of (a) the Servicing
Fee Rate
and (b) the outstanding principal balance of such Mortgage Loan. Such fee
shall
be payable monthly, computed on the basis of the same principal amount
and
period respecting which any related interest payment on a Mortgage Loan
is
computed. The obligation of the Purchaser to pay the Servicing Fee is limited
to, and the Servicing Fee is payable solely from, the interest portion
(including recoveries with respect to interest from Liquidation Proceeds,
to the
extent permitted by Section 4.05) of such Monthly Payment collected by
the
Company, or as otherwise provided under Section 4.05.
Servicing
Fee Rate: 0.25% per annum with respect to the period prior to the initial
Interest Adjustment Date and, for the 5/1 7/1 and 10/1 ARM Loans 0.375%
thereafter.
Servicing
File: With respect to each Mortgage Loan, the file retained by
the Company consisting of originals of all documents in the Mortgage File
which
are not delivered to the Custodian and copies of the Mortgage Loan Documents
listed in Exhibit B the originals of which are delivered to the Custodian
pursuant to Section 2.01.
Servicing
Officer: Any officer of the Company involved in or responsible
for, the administration and servicing of the Mortgage Loans whose name
appears
on a list of servicing officers furnished by the Company to the Purchaser
upon
request, as such list may from time to time be amended.
7/1
ARM Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the interest rate on such
Mortgage
Loan is fixed for the first seven (7) years of the term of the related
Mortgage
Loan and which thereafter is converted to a Treasury Rate Mortgage Loan
or a
LIBOR Mortgage Loan except that the Periodic Rate Cap does not apply to
the
initial Interest Rate Adjustment Date for the related Mortgage
Loan.
Stated
Principal Balance: As to each Mortgage Loan, (i) the principal
balance of the Mortgage Loan at the related Cut-off Date after giving effect
to
payments of principal due on or before such date, whether or not received,
minus
(ii) all amounts previously distributed to the Purchaser with respect to
the
related Mortgage Loan representing payments or recoveries of principal
or
advances in lieu thereof.
Subservicer: Any
Subservicer which is subservicing the Mortgage Loans pursuant to a Subservicing
Agreement. Any subservicer shall meet the qualifications set forth in Section
4.01.
Subservicing
Agreement: An agreement between the Company and a Subservicer for
the servicing of the Mortgage Loans.
10/1
ARM Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the interest rate on such
Mortgage
Loan is fixed for the first ten (10) years of the term of the related Mortgage
Loan and which thereafter is converted to a Treasury Rate Mortgage Loan
or a
LIBOR Mortgage Loan except that the Periodic Rate Cap does not apply to
the
initial Interest Rate Adjustment Date for the related Mortgage
Loan.
3/1
ARM Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the interest rate on such
Mortgage
Loan is fixed for the first three (3) years of the term of the related
Mortgage
Loan and which thereafter is converted to a Treasury Rate Mortgage Loan
or a
LIBOR Mortgage Loan.
Treasury
Rate Mortgage Loan: Any individual Mortgage Loan purchased pursuant to this
Agreement which contains a provision whereby the interest rate on such
Mortgage
Loan is adjusted based upon the weekly average yield on U.S. Treasury
securities.
Underwriting
Guidelines: The underwriting guidelines of the Company with
respect to mortgage loans similar to the Mortgage Loans, attached hereto
as Exhibit H.
UGI: United
Guaranty Residential Insurance Company or any successor thereto.
ARTICLE
II
CONVEYANCE
OF MORTGAGE LOANS; POSSESSION OF MORTGAGE FILES;
BOOKS
AND RECORDS; DELIVERY OF DOCUMENTS
Section
2.01
|
Conveyance
of Mortgage Loans; Possession of Mortgage Files; Maintenance
of Servicing
Files.
|
The
Company, on each Closing Date, does hereby sell, transfer, assign, set
over and
convey to the Purchaser, without recourse, but subject to the terms of
this
Agreement, all the right, title and interest of the Company in and to the
Mortgage Loans in the related Mortgage Loan Package, excluding the right
to
service the Mortgage Loans which the Company expressly retains. Pursuant
to
Section 2.03, the Company has delivered the Mortgage Loan Documents for
each
Mortgage Loan in the Mortgage Loan Package to the Custodian.
The
contents of each Mortgage File not delivered to the Custodian are and shall
be
held in trust by the Company for the benefit of the Purchaser as the owner
thereof. The Company shall maintain a Servicing File consisting of a copy
of the
contents of each Mortgage File and the originals of the documents in each
Mortgage File not delivered to the Custodian. The possession of each Servicing
File by the Company is at the will of the Purchaser for the sole purpose
of
servicing the related Mortgage Loan, and such retention and possession
by the
Company is in a custodial capacity only. Upon the sale of the Mortgage
Loans the
ownership of each Mortgage Note, the related Mortgage and the related Mortgage
File and Servicing File shall vest immediately in the Purchaser, and the
ownership of all records and documents with respect to the related Mortgage
Loan
prepared by or which come into the possession of the Company shall vest
immediately in the Purchaser and shall be retained and maintained by the
Company, in trust, at the will of the Purchaser and only in such custodial
capacity. Each Servicing File shall be segregated from the other books
and
records of the Company and shall be marked appropriately to reflect clearly
the
sale of the related Mortgage Loan to the Purchaser. The Company shall release
its custody of the contents of any Servicing File only in accordance with
written instructions from the Purchaser, unless such release is required
as
incidental to the Company’s servicing of the Mortgage Loans or is in connection
with a repurchase of any Mortgage Loan pursuant to Section 3.03, 3.05,
3.07, or
6.02.
Section
2.02
|
Books
and Records; Transfers of Mortgage
Loans.
|
From
and
after the sale of the Mortgage Loans to the Purchaser all rights arising
out of
the Mortgage Loans in a Mortgage Loan Package including but not limited
to all
funds received on or in connection with the Mortgage Loan, shall be received
and
held by the Company in trust for the benefit of the Purchaser as owner
of the
Mortgage Loans, and the Company shall retain record title to the related
Mortgages for the sole purpose of facilitating the servicing and the supervision
of the servicing of the Mortgage Loans.
The
sale
of each Mortgage Loan in a Mortgage Loan Package shall be reflected on
the
Company’s balance sheet and other financial statements as a sale of assets by
the Company. The Company shall be responsible for maintaining, and shall
maintain, a complete set of books and records for each Mortgage Loan which
shall
be marked clearly to reflect the ownership of each Mortgage Loan by the
Purchaser. In particular, the Company shall maintain in its possession,
available for inspection by the Purchaser, or its designee and shall deliver
to
the Purchaser upon demand, evidence of compliance with all federal, state
and
local laws, rules and regulations, and requirements of Xxxxxx Xxx or Xxxxxxx
Mac, including but not limited to documentation as to the method used in
determining the applicability of the provisions of the Flood Disaster Protection
Act of 1973, as amended, to the Mortgaged Property, documentation evidencing
insurance coverage and eligibility of any condominium project for approval
by
Xxxxxx Mae and periodic inspection reports as required by Section 4.13.
To the
extent that original documents are not required for purposes of realization
of
Liquidation Proceeds or Insurance Proceeds, documents maintained by the
Company
may be in the form of microfilm or microfiche or such other reliable means
of
recreating original documents, including but not limited to, optical imagery
techniques so long as the Company complies with the requirements of the
Xxxxxx
Xxx Selling and Servicing Guide, as amended from time to time.
The
Company shall maintain with respect to each Mortgage Loan and shall make
available for inspection by any Purchaser or its designee the related Servicing
File during the time the Purchaser retains ownership of a Mortgage Loan
and
thereafter in accordance with applicable laws and regulations.
The
Company shall keep at its servicing office books and records in which,
subject
to such reasonable regulations as it may prescribe, the Company shall note
transfers of Mortgage Loans. No transfer of a Mortgage Loan may be made
unless
such transfer is in compliance with the terms hereof. For the purposes
of this
Agreement, the Company shall be under no obligation to deal with any person
with
respect to this agreement or the Mortgage Loans unless the books and records
show such person as the owner of the Mortgage Loan. The Purchaser may,
subject
to the terms of this Agreement, sell and transfer one or more of the Mortgage
Loans, provided, however, that (i) the transferee will not be
deemed to be a Purchaser hereunder binding upon the Company unless such
transferee shall agree in writing to be bound by the terms of this Agreement
and
an original counterpart of the instrument of transfer and an assignment
and
assumption of this Agreement in the form of Exhibit G hereto executed by
the transferee shall have been delivered to the Company, and (ii) with
respect
to each Mortgage Loan Package, in no event shall there be more than five
Persons
at any given time having the status of “Purchaser” hereunder. The Purchaser also
shall advise the Company of the transfer. Upon receipt of notice of the
transfer, the Company shall xxxx its books and records to reflect the ownership
of the Mortgage Loans of such assignee, and shall release the previous
Purchaser
from its obligations hereunder with respect to the Mortgage Loans sold
or
transferred. Purchaser shall not to transfer to any assignee any pool
of Mortgage Loans with a aggregate outstanding principal balance of less
than
$10,000,000 without the consent of the Company; provided, however, if the
Company fails to consent to the transfer of a pool of Mortgage Loans as
contemplated in this sentence, Purchaser shall have the right to purchase
the
servicing rights associated with such Mortgage Loans at a price to mutually
agreed to by Purchaser and Company, exercising good faith.
Section
2.03
|
Delivery
of Documents.
|
On
or
before the date which is agreed upon by the Purchaser and the Company in
the
related Confirmation, the Company shall deliver and release to the Custodian
those Mortgage Loan Documents as required by this Agreement with respect
to each
Mortgage Loan in the related Mortgage Loan Package a list of which is attached
to the related Assignment and Conveyance.
On
or
prior to the related Closing Date, the Custodian shall certify its receipt
of
all such Mortgage Loan Documents required to be delivered pursuant to the
Custodial Agreement, as evidenced by the Initial Certification of the Custodian
in the form annexed to the Custodial Agreement. The Company shall be responsible
for maintaining the Custodial Agreement for the benefit of the Purchaser.
Purchaser shall pay all fees and expenses of the Custodian.
The
Company shall forward to the Custodian original documents evidencing an
assumption, modification, consolidation or extension of any Mortgage Loan
entered into in accordance with Section 4.01 or 6.01 within one week of
their
execution, provided, however, that the Company shall provide the Custodian
with
a certified true copy of any such document submitted for recordation within
one
week of its execution, and shall provide the original of any document submitted
for recordation or a copy of such document certified by the appropriate
public
recording office to be a true and complete copy of the original within
180 days
of its submission for recordation.
In
the
event an Officer’s Certificate of the Company is delivered to the Custodian
because of a delay caused by the public recording office in returning any
recorded document, the Company shall deliver to the Custodian, within 180
days
of the related Closing Date, an Officer’s Certificate which shall (i) identify
the recorded document, (ii) state that the recorded document has not been
delivered to the Custodian due solely to a delay caused by the public recording
office, (iii) state the amount of time generally required by the applicable
recording office to record and return a document submitted for recordation,
and
(iv) specify the date the applicable recorded document will be delivered
to the
Custodian. The Company shall be required to deliver to the Custodian the
applicable recorded document by the date specified in (iv) above. An extension
of the date specified in (iv) above may be requested from the Purchaser,
which
consent shall not be unreasonably withheld.
On
or
prior to the date which is three Business Days prior to the related Closing
Date, the Company shall deliver to the Purchaser the related Mortgage Loan
Schedule.
ARTICLE
III
REPRESENTATIONS
AND WARRANTIES;
REMEDIES
AND BREACH
Section
3.01
|
Company
Representations and Warranties.
|
The
Company represents and warrants to the Purchaser that as of each Closing
Date:
(a) Due
Organization and Authority. The Company is a corporation duly
organized, validly existing and in good standing under the laws of the
State of
New York and has all licenses necessary to carry on its business as now
being
conducted and is licensed, qualified and in good standing in each state
where a
Mortgaged Property is located if the laws of such state require licensing
or
qualification in order to conduct business of the type conducted by the
Company,
and in any event the Company is in compliance with the laws of any such
state to
the extent necessary to ensure the enforceability of the related Mortgage
Loan
and the servicing of such Mortgage Loan in accordance with the terms of
this
Agreement; the Company has the full corporate power and authority to execute
and
deliver this Agreement and to perform in accordance herewith; the execution,
delivery and performance of this Agreement (including all instruments of
transfer to be delivered pursuant to this Agreement) by the Company and
the
consummation of the transactions contemplated hereby have been duly and
validly
authorized; this Agreement evidences the valid, binding and enforceable
obligation of the Company; and all requisite corporate action has been
taken by
the Company to make this Agreement valid and binding upon the Company in
accordance with its terms;
(b) Ordinary
Course of Business. The consummation of the transactions
contemplated by this Agreement are in the ordinary course of business of
the
Company, and the transfer, assignment and conveyance of the Mortgage Notes
and
the Mortgages by the Company pursuant to this Agreement are not subject
to the
bulk transfer or any similar statutory provisions in effect in any applicable
jurisdiction;
(c) No
Conflicts. Neither the execution and delivery of this Agreement,
the acquisition of the Mortgage Loans by the Company, the sale of the Mortgage
Loans to the Purchaser or the transactions contemplated hereby, nor the
fulfillment of or compliance with the terms and conditions of this Agreement,
will conflict with or result in a breach of any of the terms, conditions
or
provisions of the Company’s charter or by-laws or any legal restriction or any
agreement or instrument to which the Company is now a party or by which
it is
bound, or constitute a default or result in an acceleration under any of
the
foregoing, or result in the violation of any law, rule, regulation, order,
judgment or decree to which the Company or its property is subject, or
impair
the ability of the Purchaser to realize on the Mortgage Loans, or impair
the
value of the Mortgage Loans;
(d) Ability
to Service. The Company is an approved seller/servicer of
conventional residential mortgage loans for Xxxxxx Xxx or Xxxxxxx Mac,
with the
facilities, procedures, and experienced personnel necessary for the sound
servicing of mortgage loans of the same type as the Mortgage Loans. The
Company
is in good standing to sell mortgage loans to and service mortgage loans
for
Xxxxxx Mae or Xxxxxxx Mac, and no event has occurred, including but not
limited
to a change in insurance coverage, which would make the Company unable
to comply
with Xxxxxx Mae or Xxxxxxx Mac eligibility requirements or which would
require
notification to either Xxxxxx Mae or Xxxxxxx Mac;
(e) Reasonable
Servicing Fee. The Company acknowledges and agrees that the
Servicing Fee, as calculated at the Servicing Fee Rate, represents reasonable
compensation for performing such services and that the entire Servicing
Fee
shall be treated by the Company, for accounting and tax purposes, as
compensation for the servicing and administration of the Mortgage Loans
pursuant
to this Agreement.
(f) Ability
to Perform. The Company does not believe, nor does it have any
reason or cause to believe, that it cannot perform each and every covenant
contained in this Agreement. The Company is solvent and the sale of the
Mortgage
Loans is not undertaken to hinder, delay or defraud any of the Company’s
creditors;
(g) No
Litigation Pending. There is no action, suit, proceeding or
investigation pending or to the best of the Company’s knowledge threatened
against the Company which, either in any one instance or in the aggregate,
may
result in any material adverse change in the business, operations, financial
condition, properties or assets of the Company, or in any material impairment
of
the right or ability of the Company to carry on its business substantially
as
now conducted, or in any material liability on the part of the Company,
or which
would draw into question the validity of this Agreement or the Mortgage
Loans or
of any action taken or to be taken in connection with the obligations of
the
Company contemplated herein, or which would be likely to impair materially
the
ability of the Company to perform under the terms of this
Agreement;
(h) No
Consent Required. No consent, approval, authorization or order of
any court or governmental agency or body is required for the execution,
delivery
and performance by the Company of or compliance by the Company with this
Agreement or the sale of the Mortgage Loans as evidenced by the consummation
of
the transactions contemplated by this Agreement, or if required, such approval
has been obtained prior to the related Closing Date;
(i) Selection
Process. The Mortgage Loans were selected from among the
adjustable rate one- to four-family mortgage loans in the Company’s portfolio at
the related Closing Date as to which the representations and warranties
set
forth in Section 3.02 could be made and such selection was not made in
a manner
so as to affect adversely the interests of the Purchaser;
(j) Pool
Characteristics. With respect to each Mortgage Loan Package, the
Mortgage Loan characteristics set forth on Exhibit 2 to the related Assignment
and Conveyance are true and complete.
(k) No
Untrue Information. Neither this Agreement nor any statement, report or
other document furnished or to be furnished pursuant to this Agreement
or in
connection with the transactions contemplated hereby contains any untrue
statement of fact or omits to state a fact necessary to make the statements
contained therein not misleading;
(l) Sale
Treatment. The Company has determined that the disposition of the
Mortgage Loans pursuant to this Agreement will be afforded sale treatment
for
accounting and tax purposes;
(m) Financial
Statements. There has been no change in the business, operations, financial
condition, properties or assets of the Company since the date of the Company’s
most recent financial statements that would have a material adverse effect
on
its ability to perform its obligations under this Agreement;
(n) No
Brokers’ Fees. The Company has not dealt with any broker,
investment banker, agent or other person that may be entitled to any commission
or compensation in connection with the sale of the Mortgage Loans;
(o) Origination. The
Company’s decision to originate any mortgage loan or to deny any mortgage loan
application is an independent decision based upon Company’s Underwriting
Guidelines, and is in no way made as a result of Purchaser’s decision
to purchase, or not to purchase, or the price Purchaser may offer to pay
for,
any such mortgage loan, if originated; and
(p) MERS. The
Company 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 MERS Mortgage Loans for as long as such Mortgage Loans are registered
with MERS;
Section
3.02
|
Representations
and Warranties Regarding Individual Mortgage
Loans.
|
As
to
each Mortgage Loan, the Company hereby represents and warrants to the Purchaser
that as of the related Closing Date:
(a) Mortgage
Loans as Described. The information set forth in each Mortgage
Loan Schedule is complete, true and correct in all material
respects;
(b) Payments
Current. All payments required to be made up to the related
Closing Date for the Mortgage Loan under the terms of the Mortgage Note
have
been made and credited. No payment required under the Mortgage Loan has
been
more than 30 days delinquent at any time in the twelve months prior to
the
related Closing Date. The first Monthly Payment shall be made with respect
to
the Mortgage Loan on its Due Date or within the grace period, all in accordance
with the terms of the related Mortgage Note;
(c) No
Outstanding Charges. There are no defaults in complying with the
terms of the Mortgages, and all taxes, governmental assessments, insurance
premiums, water, sewer and municipal charges, leasehold payments or ground
rents
which previously became due and owing have been paid, or an escrow of funds
has
been established in an amount sufficient to pay for every such item which
remains unpaid and which has been assessed but is not yet due and payable.
The
Company has not advanced funds, or induced, solicited or knowingly received
any
advance of funds by a party other than the Mortgagor, directly or indirectly,
for the payment of any amount required under the Mortgage Loan, except
for
interest accruing from the date of the Mortgage Note or date of disbursement
of
the Mortgage Loan proceeds, whichever is greater, to the day which precedes
by
one month the Due Date of the first installment of principal and
interest;
(d) Original
Terms Unmodified. The terms of the Mortgage Note and Mortgage
have not been impaired, waived, altered or modified in any respect, except
by a
written instrument which has been recorded, if necessary to protect the
interests of the Purchaser and which has been delivered to the Custodian.
The
substance of any such waiver, alteration or modification has been approved
by
the issuer of any related PMI Policy and the title insurer, to the extent
required by the policy, and its terms are reflected on the related Mortgage
Loan
Schedule. No Mortgagor has been released, in whole or in part, except in
connection with an assumption agreement approved by the issuer of any related
PMI Policy and the title insurer, to the extent required by the policy,
and
which assumption agreement is part of the Mortgage Loan File delivered
to the
Custodian and the terms of which are reflected in the related Mortgage
Loan
Schedule;
(e) No
Defenses. The Mortgage Loan is not subject to any right of
rescission, set-off, counterclaim or defense, including without limitation
the
defense of usury, nor will the operation of any of the terms of the Mortgage
Note or the Mortgage, or the exercise of any right thereunder, render either
the
Mortgage Note or the Mortgage unenforceable, in whole or in part, or subject
to
any right of rescission, set-off, counterclaim or defense, including without
limitation the defense of usury, and no such right of rescission, set-off,
counterclaim or defense has been asserted with respect thereto, and no
Mortgagor
was a debtor in any state or federal bankruptcy or insolvency proceeding
at the
time the Mortgage Loan was originated;
(f) Hazard
Insurance. Pursuant to the terms of the Mortgage, all buildings
or other improvements upon the Mortgaged Property are insured by a generally
acceptable insurer against loss by fire, hazards of extended coverage and
such
other hazards as are customary in the area where the Mortgaged Property
is
located pursuant to insurance policies conforming to the requirements of
Section
4.10. If upon origination of the Mortgage Loan, the Mortgaged Property
was in an
area identified in the Federal Register by the Federal Emergency Management
Agency as having special flood hazards (and such flood insurance has been
made
available) a flood insurance policy meeting the requirements of the current
guidelines of the Federal Flood Insurance Administration is in effect which
policy conforms to the requirements of Section 4.10. All individual insurance
policies contain a standard mortgagee clause naming the Company and its
successors and assigns as mortgagee, and all premiums thereon have been
paid.
The Mortgage obligates the Mortgagor thereunder to maintain the hazard
insurance
policy at the Mortgagor’s cost and expense, and on the Mortgagor’s failure to do
so, authorizes the holder of the Mortgage to obtain and maintain such insurance
at such Mortgagor’s cost and expense, and to seek reimbursement therefor from
the Mortgagor. Where required by state law or regulation, the Mortgagor
has been
given an opportunity to choose the carrier of the required hazard insurance,
provided the policy is not a “master” or “blanket” hazard insurance policy
covering the common facilities of a planned unit development. The hazard
insurance policy is the valid and binding obligation of the insurer, is
in full
force and effect, and will be in full force and effect and inure to the
benefit
of the Purchaser upon the consummation of the transactions contemplated
by this
Agreement. The Company has not engaged in, and has no knowledge of the
Mortgagor’s or any Subservicer’s having engaged in, any act or omission which
would impair the coverage of any such policy, the benefits of the endorsement
provided for herein, or the validity and binding effect of either, including
without limitation, no unlawful fee, unlawful commission, unlawful kickback
or
other unlawful compensation or value of any kind has been or will be received,
retained or realized by any attorney, firm or other person or entity, and
no
such unlawful items have been received, retained or realized by the
Company;
(g) Compliance
with Applicable Laws. Any and all requirements of any federal,
state or local law including, without limitation, usury, truth-in-lending,
real
estate settlement procedures, consumer credit protection, equal credit
opportunity or disclosure laws applicable to the Mortgage Loan have been
complied with, and the Company shall maintain in its possession, available
for
the Purchaser’s inspection, and shall deliver to the Purchaser upon demand,
evidence of compliance with all such requirements;
(h) No
Satisfaction of Mortgage. The Mortgage has not been satisfied,
canceled, subordinated or rescinded, in whole or in part, and the Mortgaged
Property has not been released from the lien of the Mortgage, in whole
or in
part, nor has any instrument been executed that would effect any such release,
cancellation, subordination or rescission. The Company has not waived the
performance by the Mortgagor of any action, if the Mortgagor’s failure to
perform such action would cause the Mortgage Loan to be in default, nor
has the
Company waived any default resulting from any action or inaction by the
Mortgagor;
(i) Location
and Type of Mortgaged Property. The Mortgaged Property is a fee
simple property located in the state identified in the related Mortgage
Loan
Schedule and consists of a parcel of real property with a detached single
family
residence erected thereon, or an individual condominium unit in a low-rise
condominium project, or an individual unit in a planned unit development,
provided, however, that any condominium project or planned unit development
shall conform with the Company’s Underwriting Guidelines regarding such
dwellings, and no residence or dwelling is a mobile home or a manufactured
dwelling. No portion of the Mortgaged Property is used for commercial
purposes;
(j) Valid
First Lien. The Mortgage is a valid, subsisting, enforceable and
perfected first lien on the Mortgaged Property, including all buildings
and
improvements on the Mortgaged Property, and all additions, alterations
and
replacements made at any time with respect to the foregoing. The lien of
the
Mortgage is subject only to:
(1) the
lien
of current real property taxes and assessments not yet due and
payable;
(2) covenants,
conditions and restrictions, rights of way, easements and other matters
of the
public record as of the date of recording acceptable to mortgage lending
institutions generally and specifically referred to in the lender’s title
insurance policy delivered to the originator of the Mortgage Loan and (i)
referred to or to otherwise considered in the appraisal made for the originator
of the Mortgage Loan or (ii) which do not adversely affect the Appraised
Value
of the Mortgaged Property set forth in such appraisal; and
(3) other
matters to which like properties are commonly subject which do not materially
interfere with the benefits of the security intended to be provided by
the
mortgage or the use, enjoyment, value or marketability of the related Mortgaged
Property.
Any
security agreement, chattel mortgage or equivalent document related to
and
delivered in connection with the Mortgage Loan establishes and creates
a valid,
subsisting and enforceable first lien and first priority security interest
on
the property described therein and the Company has full right to sell and
assign
the same to the Purchaser. The Mortgaged Property was not, as of the date
of
origination of the Mortgage Loan, subject to a mortgage, deed of trust,
deed to
secured debt or other security instrument creating a lien subordinate to
the
lien of the Mortgage;
(k) Validity
of Mortgage Documents. The Mortgage Note and the Mortgage are
genuine, and each is the legal, valid and binding obligation of the maker
thereof enforceable in accordance with its terms. All parties to the Mortgage
Note and the Mortgage and any other related agreement had legal capacity
to
enter into the Mortgage Loan and to execute and deliver the Mortgage Note
and
the Mortgage and any other related agreement, and the Mortgage Note and
the
Mortgage have been duly and properly executed by such parties. No fraud
was
committed by the Company, or to the Company's knowledge by any other person
including the Mortgagor, in connection with the origination or servicing
of the
Mortgage Loan. The Company has reviewed all of the documents
constituting the Servicing File and has made such inquiries as it deems
necessary to make and confirm the accuracy of the representations set forth
herein;
(l) Full
Disbursement of Proceeds. The Mortgage Loan has been closed and
the proceeds of the Mortgage Loan have been fully disbursed and there is
no
requirement for future advances thereunder, and any and all requirements
as to
completion of any on-site or off-site improvement and as to disbursements
of any
escrow funds therefor have been complied with. All costs, fees and expenses
incurred in making or closing the Mortgage Loan and the recording of the
Mortgage were paid, and the Mortgagor is not entitled to any refund of
any
amounts paid or due under the Mortgage Note or Mortgage;
(m) Ownership. The
Company is the sole owner of record and holder of the Mortgage Loan. The
Mortgage Loan is not assigned or pledged, and the Company has good and
marketable title thereto, and has full right to transfer and sell the Mortgage
Loan therein to the Purchaser free and clear of any encumbrance, equity,
participation interest, lien, pledge, charge, claim or security interest,
and
has full right and authority subject to no interest or participation of,
or
agreement with, any other party, to sell and assign each Mortgage Loan
pursuant
to this Agreement;
(n) Doing
Business. All parties which have had any interest in the Mortgage
Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during
the
period in which they held and disposed of such interest, were) (1) in compliance
with any and all applicable licensing requirements of the laws of the state
wherein the Mortgaged Property is located, and (2) organized under the
laws of
such state, or (3) qualified to do business in such state, or (4) federal
savings and loan associations or national banks having principal offices
in such
state, or (5) not doing business in such state;
(o) LTV,
PMI Policy. Any Mortgage Loan with an LTV over 80% has a PMI Policy
insuring, as to payment defaults, the excess LTV over 71% (or such other
percentage as stated in the related Confirmation) of the Appraised Value
until
the LTV of such Mortgage Loan is reduced to 80%. All provisions of such
PMI
Policy have been and are being complied with, such policy is in full force
and
effect, and all premiums due thereunder have been paid. No action, inaction,
or
event has occurred and no state of facts exists that has, or will result
in the
exclusion from, denial of, or defense to coverage. Any Mortgage Loan subject
to
a PMI Policy obligates the Mortgagor thereunder to maintain the PMI Policy
and
to pay all premiums and charges in connection therewith; provided, that,
with
respect to LPMI Loans, the Company is obligated thereunder to maintain
the LPMI
Policy and to pay all premiums and charges in connection
therewith. The Mortgage Interest Rate for the Mortgage Loan as set
forth on the Mortgage Loan Schedule is net of any insurance premium excluded
any
premium for the LPMI Policy;
(p) Title
Insurance. The Mortgage Loan is covered by either (i) an
attorney’s opinion of title and abstract of title the form and substance of
which is acceptable to mortgage lending institutions making mortgage loans
in
the area where the Mortgaged Property is located or (ii) an ALTA lender’s title
insurance policy or other generally acceptable form of policy of insurance
acceptable to Xxxxxx Xxx or Xxxxxxx Mac, issued by a title insurer acceptable
to
Xxxxxx Mae or Xxxxxxx Mac and qualified to do business in the jurisdiction
where
the Mortgaged Property is located, insuring the Company, its successors
and
assigns, as to the first priority lien of the Mortgage in the original
principal
amount of the Mortgage Loan (or to the extent that a Mortgage Note provides
for
negative amortization, the maximum amount of negative amortization in accordance
with the Mortgage), and against any loss by reason of the invalidity or
unenforceability of the lien resulting from the provisions of the Mortgage
providing for adjustment in the Mortgage Interest Rate and Monthly Payment,
subject only to the exceptions contained in clauses (1), (2) and (3) of
paragraph (j) of this Section 3.02. Where required by state law or regulation,
the Mortgagor has been given the opportunity to choose the carrier of the
required mortgage title insurance. Additionally, such lender’s title insurance
policy affirmatively insures ingress and egress, and against encroachments
by or
upon the Mortgaged Property or any interest therein. The Company is the
sole
insured of such lender’s title insurance policy, and such lender’s title
insurance policy is in full force and effect and will be in force and effect
upon the consummation of the transactions contemplated by this Agreement.
No
claims have been made under such lender’s title insurance policy, and no prior
holder of the Mortgage, including the Company, has done, by act or omission,
anything which would impair the coverage of such lender’s title insurance policy
including without limitation, no unlawful fee, commission, kickback or
other
unlawful compensation or value of any kind has been or will be received,
retained or realized by any attorney, firm or other person or entity, and
no
such unlawful items have been received, retained or realized by the
Company;
(q) No
Defaults. There is no default, breach, violation or event of
acceleration existing under the Mortgage or the Mortgage Note and no event
which, with the passage of time or with notice and the expiration of any
grace
or cure period, would constitute a default, breach, violation or event
of
acceleration, and neither the Company nor its predecessors have waived
any
default, breach, violation or event of acceleration;
(r) No
Mechanics’ Liens. There are no mechanics’ or similar liens or
claims which have been filed for work, labor or material (and no rights
are
outstanding that under the law could give rise to such liens) affecting
the
related Mortgaged Property which are or may be liens prior to, or equal
or
coordinate with, the lien of the related Mortgage;
(s) Location
of Improvements; No Encroachments. All improvements which were
considered in determining the Appraised Value of the Mortgaged Property
lay
wholly within the boundaries and building restriction lines of the Mortgaged
Property and no improvements on adjoining properties encroach upon the
Mortgaged
Property. No improvement located on or being part of the Mortgaged Property
is
in violation of any applicable zoning law or regulation;
(t) Origination;
Payment Terms. The Mortgage Loan was originated by either i) the
Company, which is a FNMA-approved, FHLMC-approved and HUD-approved mortgage
banker, or ii) an entity that is a FNMA-approved, FHLMC-approved and
HUD-approved mortgage banker, or a savings and loan association, a savings
bank,
a commercial bank or similar banking institution which is supervised and
examined by a Federal or state authority. The interest rate on the
related Mortgage Note is adjusted annually in the case of Treasury Rate
Mortgage
Loans and LIBOR Mortgage Loans on each Interest Rate Adjustment Date to
equal
the Index plus the Gross Margin, subject to the Initial Rate Cap, Periodic
Rate
Cap and the Lifetime Mortgage Interest Rate Cap as set forth in the Mortgage
Note. The Mortgage Interest Rate for a 5/1 ARM Mortgage Loan and a 3/1
ARM
Mortgage Loan is adjusted annually commencing from and after the sixtieth
Monthly Payment and the thirty-sixth Monthly Payment, respectively, in
the same
manner as a Treasury Rate Mortgage Loan and LIBOR Mortgage Loan, provided,
however, that the Periodic Rate Cap does not apply to the initial Interest
Rate
Adjustment Date for such 5/1 ARM Mortgage Loan (the Initial Rate Cap does
apply). The Mortgage Note is payable each month in monthly installments
of
principal and interest, with interest in arrears, and requires Monthly
Payments
sufficient to amortize the original principal balance of the Mortgage Loan
over
a term of no more than 30 years. Each Convertible Mortgage Loan contains
a
provision whereby the Mortgagor is permitted to convert the Mortgage Loan
to a
fixed-rate mortgage loan at any time between the first and fifth anniversary
of
the origination of the Mortgage Loan. No Mortgage Loan has a provision
for
negative amortization;
(u) Customary
Provisions. The Mortgage contains customary and enforceable
provisions such as to render the rights and remedies of the holder thereof
adequate for the realization against the Mortgaged Property of the benefits
of
the security provided thereby, including, (i) in the case of a Mortgage
designated as a deed of trust, by trustee’s sale, and (ii) otherwise by judicial
foreclosure. Upon default by a Mortgagor on a Mortgage Loan and foreclosure
on,
or trustee’s sale of, the Mortgaged Property pursuant to the proper procedures,
the holder of the Mortgage Loan will be able to deliver good and merchantable
title to the Mortgaged Property. There is no homestead or other exemption
available to a Mortgagor which would interfere with the right to sell the
Mortgaged Property at a trustee’s sale or the right to foreclose the
Mortgage;
(v) Conformance
with Underwriting Guidelines. The Mortgage Loan was underwritten
in accordance with the Company’s Underwriting Guidelines in effect at the time
the Mortgage Loan was originated.;
(w) Occupancy
of the Mortgaged Property. As of the related Closing Date the
Mortgaged Property is lawfully occupied under applicable law. All inspections,
licenses and certificates required to be made or issued with respect to
all
occupied portions of the Mortgaged Property and, with respect to the use
and
occupancy of the same, including but not limited to certificates of occupancy
and fire underwriting certificates, have been made or obtained from the
appropriate authorities. The Mortgagor represented at the time of origination
of
the Mortgage Loan that the Mortgagor would occupy the Mortgaged Property
as the
Mortgagor’s primary residence;
(x) No
Additional Collateral. The Mortgage Note is not and has not been
secured by any collateral except the lien of the corresponding Mortgage
and the
security interest of any applicable security agreement or chattel mortgage
referred to in (j) above;
(y) Deeds
of Trust. In the event the Mortgage constitutes a deed of trust,
a trustee, duly qualified under applicable law to serve as such, has been
properly designated and currently so serves and is named in the Mortgage,
and no
fees or expenses are or will become payable by the Purchasers to the trustee
under the deed of trust, except in connection with a trustee’s sale after
default by the Mortgagor;
(z) Acceptable
Investment. The Company has no knowledge of any circumstances or
conditions with respect to the Mortgage, the Mortgaged Property, the Mortgagor
or the Mortgagor’s credit standing that can reasonably be expected to cause
private institutional investors to regard the Mortgage Loan as an unacceptable
investment, cause the Mortgage Loan to become delinquent, or adversely
affect
the value or marketability of the Mortgage Loan;
(aa) Delivery
of Mortgage Documents. The Mortgage Note, the Mortgage, the
Assignment of Mortgage and any other documents required to be delivered
for the
Mortgage Loan by the Company under this Agreement as set forth in Exhibit
C attached hereto have been delivered to the Custodian. The Company
is in
possession of a complete, true and accurate Mortgage File in compliance
with
Exhibit B, except for such documents the originals of which have been
delivered to the Custodian;
(bb) Condominiums/Planned
Unit Developments. If the Mortgaged Property is a condominium
unit or a planned unit development (other than a de minimus planned unit
development) such condominium or planned unit development project meets
Company’s Underwriting Guidelines with respect to such condominium or planned
unit development;
(cc) Transfer
of Mortgage Loans. The Assignment of Mortgage is in recordable
form and is acceptable for recording under the laws of the jurisdiction
in which
the Mortgaged Property is located;
(dd) Due
on
Sale. The Mortgage contains an enforceable provision for the
acceleration of the payment of the unpaid principal balance of the Mortgage
Loan
in the event that the Mortgaged Property is sold or transferred without
the
prior written consent of the Mortgagor thereunder;
(ee) No
Buydown Provisions; No Graduated Payments or Contingent
Interests. The Mortgage Loan does not contain provisions pursuant
to which Monthly Payments are paid or partially paid with funds deposited
in any
separate account established by the Company, the Mortgagor or anyone on
behalf
of the Mortgagor, or paid by any source other than the Mortgagor nor does
it
contain any other similar provisions currently in effect which may constitute
a
“buydown” provision. The Mortgage Loan is not a graduated payment mortgage loan
and the Mortgage Loan does not have a shared appreciation or other contingent
interest feature;
(ff) Consolidation
of Future Advances. Any future advances made prior to the related
Cut-off Date have been consolidated with the outstanding principal amount
secured by the Mortgage, and the secured principal amount, as consolidated,
bears a single interest rate and single repayment term. The lien of the
Mortgage
securing the consolidated principal amount is expressly insured as having
first
lien priority by a title insurance policy, an endorsement to the policy
insuring
the mortgagee’s consolidated interest or by other title evidence acceptable to
Xxxxxx Xxx and Xxxxxxx Mac. The consolidated principal amount does not
exceed
the original principal amount of the Mortgage Loan;
(gg) Mortgaged
Property Undamaged. There is no proceeding pending or, to the
best of the Company’s knowledge, threatened for the total or partial
condemnation of the Mortgaged Property. The Mortgaged Property is undamaged
by
waste, fire, earthquake or earth movement, windstorm, flood, tornado or
other
casualty so as to affect adversely the value of the Mortgaged Property
as
security for the Mortgage Loan or the use for which the premises were intended;
and
(hh) Collection
Practices; Escrow Deposits. The origination,
servicing and collection practices used with respect to the Mortgage
Loan have been in accordance with Accepted Servicing Practices, and have
been in
all respects in compliance with all applicable laws and regulations. With
respect to escrow deposits and Escrow Payments, all such payments are in
the
possession of the Company and there exist no deficiencies in connection
therewith for which customary arrangements for repayment thereof have not
been
made. All Escrow Payments have been collected in full compliance with state
and
federal law. An escrow of funds is not prohibited by applicable law and
has been
established in an amount sufficient to pay for every item which remains
unpaid
and which has been assessed but is not yet due and payable. No escrow deposits
or Escrow Payments or other charges or payments due the Company have been
capitalized under the Mortgage or the Mortgage Note. All Mortgage Interest
Rate
adjustments have been made in strict compliance with state and federal
law and
the terms of the related Mortgage Note. Any interest required to be paid
pursuant to state and local law has been properly paid and
credited;
(ii) Appraisal. The
Mortgage File contains an appraisal of the related Mortgage Property signed
prior to the approval of the Mortgage Loan application by a qualified appraiser,
duly appointed by the Company, who had no interest, direct or indirect
in the
Mortgaged Property or in any loan made on the security thereof; and whose
compensation is not affected by the approval or disapproval of the Mortgage
Loan, and the appraisal and appraiser both satisfy the requirements of
Xxxxxx
Xxx, Xxxxxxx Mac or Title XI of the Federal Institutions Reform, Recovery,
and Enforcement Act of 1989 and the regulations promulgated thereunder,
all as
in effect on the date the Mortgage Loan was originated;
(jj) Soldiers’
and Sailors’ Relief Act. The Mortgagor has not notified the
Company, and the Company has no knowledge of any relief requested or allowed
to
the Mortgagor under the Soldiers’ and Sailors’ Civil Relief Act of
1940;
(kk) Environmental
Matters. The Mortgaged Property is free from any and all toxic or
hazardous substances and there exists no violation of any local, state
or
federal environmental law, rule or regulation. To the best of the Company’s
knowledge, there is no pending action or proceeding directly involving
any
Mortgaged Property of which the Company is aware in which compliance with
any
environmental law, rule or regulation is an issue; and to the best of the
Company’s knowledge, nothing further remains to be done to satisfy in full all
requirements of each such law, rule or regulation consisting a prerequisite
to
use and enjoyment of said property;
(ll) No
Construction Loans. No Mortgage Loan was made in connection with
(i) the construction or rehabilitation of a Mortgaged Property or (ii)
facilitating the trade-in or exchange of a Mortgaged Property;
(mm) Insurance.
The Company has caused or will cause to be performed any and all acts required
to preserve the rights and remedies of the Purchaser in any insurance policies
applicable to the Mortgage Loans including, without limitation, any necessary
notifications of insurers, assignments of policies or interests therein,
and
establishments of coinsured, joint loss payee and mortgagee rights in favor
of
the Purchaser; No action, inaction, or event has occurred and no
state of fact exists or has existed that has resulted or will result in
the
exclusion from, denial of, or defense to coverage under any applicable
pool
insurance policy, special hazard insurance policy, PMI Policy or bankruptcy
bond, irrespective of the cause of such failure of coverage. In connection
with
the placement of any such insurance, no commission, fee, or other compensation
has been or will be received by the Company or any designee of the Company
or
any corporation in which the Company or any officer, director, or employee
had a
financial interest at the time of placement of such insurance;
(nn) Regarding
the Mortgagor. The Mortgagor is one or more natural persons
and/or trustees for an Illinois land trust or a trustee under a “living trust”
and such “living trust” is in compliance with Xxxxxx Xxx guidelines for such
trusts.
(oo) Predatory
Lending Regulations; High Cost Loans. None of the Mortgage Loans are
classified as (a) “high cost” loans under the Home Ownership and Equity
Protection Act of 1994 or (b) “high cost,” “threshold,” or “predatory” loans
under any other applicable state, federal or local law.
(pp) Simple
Interest Mortgage Loans. None of the Mortgage Loans are simple
interest Mortgage Loans.
(qq) Single
Premium Credit Life Insurance. None of the proceeds of the
Mortgage Loan were used to finance single-premium credit life insurance
policies.
(rr) Tax
Service Contract The Company
has obtained a life of loan, transferable real estate Tax Service Contract
on
each Mortgage Loan and such contract is assignable without penalty, premium
or
cost to the Purchaser;
(ss) Flood
Certification Contract.
The Company has obtained a life of loan, transferable flood certification
contract with a Approved Flood Certification Provider for each Mortgage
Loan and
such contract is assignable without penalty, premium or cost to the
Purchaser;
(tt) FICO
Scores. Each Mortgage Loan
has a non-zero FICO score;
(uu) Prepayment
Fee. With respect to each Mortgage Loan that has a prepayment fee
feature, each such prepayment fee is enforceable and will be enforced by
the
Company, and each prepayment penalty in permitted pursuant to federal,
state and
local law. No Mortgage Loan will impose a prepayment penalty for a
term in excess of five years from the date such Mortgage Loan was
originated. Except as otherwise set forth in the related Mortgage
Loan Schedule, with respect to each Mortgage Loan that contains a prepayment
fee, such prepayment fee is at least equal to the lesser of (A) the maximum
amount permitted under applicable law and (B) six months interest at the
related
Mortgage Interest Rate on the amount prepaid in excess of 20% of the original
principal balance of such Mortgage Loan; and
(vv) Recordation. Each
original Mortgage was recorded and, except for those Mortgage Loans subject
to
the MERS identification system, all subsequent assignments of the original
Mortgage (other than the assignment to the Purchaser) have been recorded
in the
appropriate jurisdictions wherein such recordation is necessary to perfect
the
lien thereof as against creditors of the Company, or is in the process
of being
recorded;
(ww) Leaseholds. If
the Mortgaged Property is subject to a ground lease or any other type of
leasehold interest, the ground lease or other leasehold interest exceeds
the
remaining term of the related Mortgage Loan.
Section
3.03
|
Remedies
for Breach of Representations and
Warranties.
|
It
is
understood and agreed that the representations and warranties set forth
in
Sections 3.01 and 3.02 shall survive the sale of the Mortgage Loans to
the
Purchaser and the delivery of the Mortgage Loan Documents to the Custodian
and
shall inure to the benefit of the Purchaser, notwithstanding any restrictive
or
qualified endorsement on any Mortgage Note or Assignment of Mortgage or
the
examination or failure to examine any Mortgage File. Upon discovery by
either
the Company or the Purchaser of a breach of any of the foregoing representations
and warranties which materially and adversely affects the value of the
Mortgage
Loans or the interest of the Purchaser, or which materially and adversely
affects the interests of Purchaser in the related Mortgage Loan in the
case of a
representation and warranty relating to a particular Mortgage Loan (in
the case
of any of the foregoing, a “Breach”), the party discovering such Breach
shall give prompt written notice to the other.
With
respect to those representations and warranties which are made to the best
of
the Company’s knowledge, if it is discovered by the Company or the Purchaser
that the substance of such representation and warranty is inaccurate and
such
inaccuracy materially and adversely affects the value of the related Mortgage
Loan or the interest of the Purchaser (or which materially and adversely
affects
the value of a Mortgage Loan or the interests of the Purchaser in the related
Mortgage Loan in the case of a representation and warranty relating to
a
particular Mortgage Loan), notwithstanding the Company’s lack of knowledge with
respect to the substance of such representation and warranty, such inaccuracy
shall be deemed a breach of the applicable representation and
warranty.
Within
60
days of the earlier of either discovery by or notice to the Company of
any
Breach of a representation or warranty, the Company shall use its best
efforts
promptly to cure such Breach in all material respects and, if such Breach
cannot
be cured, the Company shall, at the Purchaser’s option and subject to Section
3.06, repurchase such Mortgage Loan at the Repurchase Price. In the event
that a
Breach shall involve any representation or warranty set forth in Section
3.01,
and such Breach cannot be cured within 60 days of the earlier of either
discovery by or notice to the Company of such Breach, all of the Mortgage
Loans
shall, at the Purchaser’s option and subject to Section 3.06, be repurchased by
the Company at the Repurchase Price. However, if the Breach shall involve
a
representation or warranty set forth in Section 3.02 and the Company discovers
or receives notice of any such Breach within 120 days of the related Closing
Date, the Company shall, at the Purchaser’s option and provided that the Company
has a Qualified Substitute Mortgage Loan, rather than repurchase the Mortgage
Loan as provided above, remove such Mortgage Loan (a “Deleted Mortgage
Loan”) and substitute in its place a Qualified Substitute Mortgage Loan
or
Loans, provided that any such substitution shall be effected not later
than 120
days after the related Closing Date. If the Company has no Qualified Substitute
Mortgage Loan, it shall repurchase the deficient Mortgage Loan. Any repurchase
of a Mortgage Loan or Loans pursuant to the foregoing provisions of this
Section
3.03 shall be accomplished by deposit in the Custodial Account of the amount
of
the Repurchase Price for distribution to Purchaser on the next scheduled
Remittance Date, after deducting therefrom any amount received in respect
of
such repurchased Mortgage Loan or Loans and being held in the Custodial
Account
for future distribution.
At
the
time of repurchase or substitution, the Purchaser and the Company shall
arrange
for the reassignment of the Deleted Mortgage Loan to the Company and the
delivery to the Company of any documents held by the Custodian relating
to the
Deleted Mortgage Loan. In the event of a repurchase or substitution, the
Company
shall, simultaneously with such reassignment, give written notice to the
Purchaser that such repurchase or substitution has taken place, amend the
related Mortgage Loan Schedule to reflect the withdrawal of the Deleted
Mortgage
Loan from this Agreement, and, in the case of substitution, identify a
Qualified
Substitute Mortgage Loan and amend the related Mortgage Loan Schedule to
reflect
the addition of such Qualified Substitute Mortgage Loan to this Agreement.
In
connection with any such substitution, the Company shall be deemed to have
made
as to such Qualified Substitute Mortgage Loan the representations and warranties
set forth in this Agreement except that all such representations and warranties
set forth in this Agreement shall be deemed made as of the date of such
substitution. The Company shall effect such substitution by delivering
to the
Custodian for such Qualified Substitute Mortgage Loan the documents required
by
Section 2.03, with the Mortgage Note endorsed as required by Section 2.03.
No
substitution will be made in any calendar month after the Determination
Date for
such month. The Company shall deposit in the Custodial Account the Monthly
Payment less the Servicing Fee due on such Qualified Substitute Mortgage
Loan or
Loans in the month following the date of such substitution. Monthly Payments
due
with respect to Qualified Substitute Mortgage Loans in the month of substitution
shall be retained by the Company. For the month of substitution, distributions
to Purchaser shall include the Monthly Payment due on any Deleted Mortgage
Loan
in the month of substitution, and the Company shall thereafter be entitled
to
retain all amounts subsequently received by the Company in respect of such
Deleted Mortgage Loan.
For
any
month in which the Company substitutes a Qualified Substitute Mortgage
Loan for
a Deleted Mortgage Loan, the Company shall determine the amount (if any)
by
which the aggregate principal balance of all Qualified Substitute Mortgage
Loans
as of the date of substitution is less than the aggregate Stated Principal
Balance of all Deleted Mortgage Loans (after application of scheduled principal
payments due in the month of substitution). The amount of such shortfall
shall
be distributed by the Company in the month of substitution pursuant to
Section
5.01. Accordingly, on the date of such substitution, the Company shall
deposit
from its own funds into the Custodial Account an amount equal to the amount
of
such shortfall.
Any
cause
of action against the Company relating to or arising out of the Breach
of any
representations and warranties made in Sections 3.01 and 3.02 shall accrue
as to
any Mortgage Loan upon (i) discovery of such Breach by the Purchaser or
notice
thereof by the Company to the Purchaser, (ii) failure by the Company to
cure
such Breach or repurchase such Mortgage Loan as specified above, and (iii)
demand upon the Company by the Purchaser for compliance with this
Agreement.
Section
3.04
|
Indemnification.
|
The
Company agrees to indemnify the Purchaser and hold it harmless from and
against
any and all claims, losses, damages, penalties, fines, forfeitures, legal
fees
and related costs, judgments, and any other costs, fees and expenses that
the
Purchaser may sustain in any way related any assertion based on, grounded
upon
resulting from a Breach of any of the Company’s representations and warranties
contained herein. In addition to the obligations of the Company set forth
in
this Section 3.04, the Purchaser may pursue any and all remedies otherwise
available at law or in equity, including, but not limited to, the right
to seek
damages. The provisions of this Section 3.04 shall survive
termination of this Agreement.
It
is
understood and agreed that the obligations of the Company set forth in
Sections
3.03 and 3.04 to cure, substitute for or repurchase a defective Mortgage
Loan
and to indemnify the Purchaser constitute the sole remedies of the Purchaser
respecting a Breach of the foregoing representations and
warranties.
Section
3.05
|
Repurchase
Upon Conversion.
|
In
the
event the Mortgagor under any Convertible Mortgage Loan elects to convert
said
Mortgage Loan to a fixed rate mortgage loan, as provided in the related
Mortgage
Note, then the Company shall repurchase the related Mortgage Loan in the
month
the conversion takes place and in the manner prescribed in Section 3.04
at the
Repurchase Price.
Section
3.06
|
Restrictions
and Requirements Applicable in the Event
that
a Mortgage Loan is Acquired by a
REMIC
|
In
the
event that any Mortgage Loan is held by a REMIC, notwithstanding any contrary
provision of this Agreement, the following provisions shall be applicable
to
such Mortgage Loan:
(A)
|
Repurchase
of Mortgage Loans.
|
With
respect to any Mortgage Loan that is not in default or as to which no default
is
imminent, no repurchase or substitution pursuant to Subsection 3.03, 3.05,
3.07
or 7.02 shall be made, unless, if so required by the applicable REMIC Documents
the Company has obtained an Opinion of Counsel to the effect that such
repurchase will not (i) result in the imposition of taxes on “prohibited
transactions” of such REMIC (as defined in Section 860F of the Code) or
otherwise subject the REMIC to tax, or (ii) cause the REMIC to fail to
qualify
as a REMIC at any time.
(B)
|
General
Servicing Obligations.
|
The
Company shall sell any REO Property within two years after its acquisition
by
the REMIC unless (i) the Company applies for an extension of such two-year
period from the Internal Revenue Service pursuant to the REMIC Provisions
and
Code Section 856(e)(3), in which event such REO Property shall be sold
within
the applicable extension period, or (ii) the Company obtains for the Purchaser
an Opinion of Counsel, addressed to the Purchaser and the Company, to the
effect
that the holding by the REMIC of such REO Property subsequent to such two
year
period will not result in the imposition of taxes on “prohibited transactions”
as defined in Section 860F of the Code or cause the REMIC to fail to qualify
as
a REMIC under the REMIC Provisions or comparable provisions of relevant
state
laws at any time. The Company shall manage, conserve, protect and operate
each
REO Property for the Purchaser solely for the purpose of its prompt disposition
and sale in a manner which does not cause such REO Property to fail to
qualify
as “foreclosure property” within the meaning of Section 860G(a)(8) or result in
the receipt by the REMIC of any “income from non-permitted assets” within the
meaning of Section 860F(a)(2)(B) of the Code or any “net income from foreclosure
property” which is subject to taxation under Section 860G(a)(1) of the Code.
Pursuant to its efforts to sell such REO Property, the Company shall either
itself or through an agent selected by the Company protect and conserve
such REO
Property in the same manner and to such extent as is customary in the locality
where such REO Property is located and may, incident to its conservation
and
protection of the interests of the Purchaser, rent the same, or any part
thereof, as the Company deems to be in the best interest of the Company
and the
Purchaser for the period prior to the sale of such REO Property; provided,
however, that any rent received or accrued with respect to such REO Property
qualifies as “rents from real property” as defined in Section 856(d) of the
Code.
(C)
|
Additional
Covenants.
|
In
addition to the provision set forth in this Section 3.06, if a REMIC election
is
made with respect to the arrangement under which any of the Mortgage Loans
or
REO Properties are held, then, with respect to such Mortgage Loans and/or
REO
Properties, and notwithstanding the terms of this Agreement, the Company
shall
not take any action, cause the REMIC to take any action or fail to take
(or fail
to cause to be taken) any action that, under the REMIC Provisions, if taken
or
not taken, as the case may be, could (i) endanger the status of the REMIC
as a
REMIC or (ii) result in the imposition of a tax upon the 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) unless the Company has received an Opinion
of
Counsel (at the expense of the party seeking to take such action) to the
effect
that the contemplated action will not endanger such REMIC status or result
in
the imposition of any such tax.
If
a
REMIC election is made with respect to the arrangement under which any
Mortgage
Loans or REO Properties are held, the Company shall amend this Agreement
such
that it will meet all Rating Agency requirements.
Section
3.07
|
Review
of Mortgage Loans
|
From
the
related Closing Date until the date 15 days after the related Closing Date,
the
Purchaser shall have the right to review the Mortgage Files and obtain
BPOs and
other property evaluations on the Mortgaged Properties relating to the
Mortgage
Loans purchased on the related Closing Date, with the results of such BPO
or
property evaluation reviews to be communicated to the Company for a period
up to
15 days after the related Closing Date. In addition, the Purchaser
shall have the right to reject any Mortgage Loan which in the Purchaser’s sole
determination (i) fails to conform to the Underwriting Guidelines, (ii)
the
value of the Mortgaged Property pursuant to any BPO or property evaluation
varies by more than plus or minus 15% from the lesser of (A) the original
appraised value of the Mortgage Property or (B) the purchase price of the
Mortgaged Property as of the date of origination (a “Value Issue”), (iii)
the Mortgage Loan is underwritten without verification of the Borrower’s income
and assets and there is no credit report and credit score or (iv) the Purchaser
deems the Mortgage Loan not to be an acceptable credit risk. The Company
shall
repurchase the rejected Mortgage Loan in the manner prescribed in Section
3.03
upon receipt of notice from the Purchaser of the rejection of such Mortgage
Loan; provided, that, in the event that the Purchaser rejects a Mortgage
Loan
due to a Value Issue, the Company may submit to the Purchaser an additional
property evaluation for purposes of demonstrating that the Mortgage Loan
does
not have a Value Issue. If the Purchaser and the Company fail to
resolve such Value Issue within two weeks of the Purchaser presenting such
Value
Issue to the Company, then Company shall have the right to promptly (a)
substitute such Mortgage Loan with a Qualified Substitute Mortgage Loan
meeting
all the terms hereof, or (b) repurchase such Mortgage Loan in the manner
prescribed in Section 3.03. Any rejected Mortgage Loan shall be
removed from the terms of this Agreement. The Company shall make
available all files required by Purchaser in order to complete its review,
including capturing all CRA/HMDA required data fields. Any review
performed by the Purchaser prior to the related Closing Date does not limit
the
Purchaser’s rights or the Company’s obligations under this section. To the
extent that the Purchaser’s review discloses that the Mortgage Loans do not
conform to the Underwriting Guidelines or the terms set forth in the Purchaser
Price and Terms Letter, the Purchaser may in its sole discretion increase
its
due diligence review and obtain additional BPO’s or other property
evaluations. The additional review may be for any reason including
but not limited to credit quality, property valuations, and data
integrity.
ARTICLE
IV
ADMINISTRATION
AND SERVICING OF MORTGAGE LOANS
Section
4.01
|
Company
to Act as Servicer.
|
The
Company shall service and administer the Mortgage Loans and shall have
full
power and authority, acting alone, to do any and all things in connection
with
such servicing and administration which the Company may deem necessary
or
desirable, consistent with the terms of this Agreement and with Accepted
Servicing Practices.
Consistent
with the terms of this Agreement, the Company may 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
Company’s reasonable and prudent determination such waiver, modification,
postponement or indulgence is not materially adverse to the Purchasers,
provided, however, that the Company shall not make any future advances
with
respect to a Mortgage Loan and (unless the Mortgagor is in default with
respect
to the Mortgage Loan or such default is, in the judgment of the Company,
imminent and the Company has obtained the prior written consent of the
Purchaser) the Company shall not permit any modification of any material
term of
any Mortgage Loan including any modifications that would change the Mortgage
Interest Rate change the Index, Lifetime Mortgage Interest Rate Cap, Initial
Rate Cap or Gross Margin of any Mortgage Loan, defer or forgive the payment
of
principal or interest, reduce or increase the outstanding principal balance
(except for actual payments of principal) or change the final maturity
date on
such Mortgage Loan. In the event of any such modification which permits
the
deferral of interest or principal payments on any Mortgage Loan, the Company
shall, on the Business Day immediately preceding the Remittance Date in
any
month in which any such principal or interest payment has been deferred,
deposit
in the Custodial Account from its own funds, in accordance with Section
5.03,
the difference between (a) such month’s principal and one month’s interest at
the Mortgage Loan Remittance Rate on the unpaid principal balance of such
Mortgage Loan and (b) the amount paid by the Mortgagor. The Company shall
be
entitled to reimbursement for such advances to the same extent as for all
other
advances made pursuant to Section 5.03. Without limiting the generality
of the
foregoing, the Company shall continue, and is hereby authorized and empowered,
to execute and deliver on behalf of itself and the Purchasers, all instruments
of satisfaction or cancellation, or of partial or full release, discharge
and
all other comparable instruments, with respect to the Mortgage Loans and
with
respect to the Mortgaged Properties. If reasonably required by the Company,
the
Purchaser shall furnish the Company with any powers of attorney and other
documents necessary or appropriate to enable the Company to carry out its
servicing and administrative duties under this Agreement.
In
servicing and administering the Mortgage Loans, the Company shall employ
procedures (including collection procedures) and exercise the same care
that it
customarily employs and exercises in servicing and administering mortgage
loans
for its own account, giving due consideration to Accepted Servicing Practices
where such practices do not conflict with the requirements of this Agreement,
and the Purchaser’s reliance on the Company.
The
Mortgage Loans may be subserviced by the Subservicer on behalf of the Company
provided that the Subservicer is a Xxxxxx Xxx-approved lender or a Xxxxxxx
Mac
seller/servicer in good standing, and no event has occurred, including
but not
limited to a change in insurance coverage, which would make it unable to
comply
with the eligibility requirements for lenders imposed by Xxxxxx Xxx or
for
seller/servicers imposed by Xxxxxxx Mac, or which would require notification
to
Xxxxxx Xxx or Xxxxxxx Mac. The Company may perform any of its servicing
responsibilities hereunder or may cause the Subservicer to perform any
such
servicing responsibilities on its behalf, but the use by the Company of
the
Subservicer shall not release the Company from any of its obligations hereunder
and the Company shall remain responsible hereunder for all acts and omissions
of
the Subservicer as fully as if such acts and omissions were those of the
Company. The Company shall pay all fees and expenses of the Subservicer
from its
own funds, and the Subservicer’s fee shall not exceed the Servicing
Fee.
At
the
cost and expense of the Company, without any right of reimbursement from
the
Custodial Account, the Company shall be entitled to terminate the rights
and
responsibilities of the Subservicer and arrange for any servicing
responsibilities to be performed by a successor Subservicer meeting the
requirements in the preceding paragraph, provided, however, that nothing
contained herein shall be deemed to prevent or prohibit the Company, at
the
Company’s option, from electing to service the related Mortgage Loans itself. In
the event that the Company’s responsibilities and duties under this Agreement
are terminated pursuant to Section 9.04, 10.01 or 11.02, and if requested
to do
so by the Purchaser, the Company shall at its own cost and expense terminate
the
rights and responsibilities of the Subservicer as soon as is reasonably
possible. The Company shall pay all fees, expenses or penalties necessary
in
order to terminate the rights and responsibilities of the Subservicer from
the
Company’s own funds without reimbursement from the Purchaser.
Notwithstanding
any of the provisions of this Agreement relating to agreements or arrangements
between the Company and the Subservicer or any reference herein to actions
taken
through the Subservicer or otherwise, the Company shall not be relieved
of its
obligations to the Purchaser and shall be obligated to the same extent
and under
the same terms and conditions as if it alone were servicing and administering
the Mortgage Loans. The Company shall be entitled to enter into an agreement
with the Subservicer for indemnification of the Company by the Subservicer
and
nothing contained in this Agreement shall be deemed to limit or modify
such
indemnification.
Any
Subservicing Agreement and any other transactions or services relating
to the
Mortgage Loans involving the Subservicer shall be deemed to be between
the
Subservicer and Company alone, and the Purchaser shall have no obligations,
duties or liabilities with respect to the Subservicer including no obligation,
duty or liability of Purchaser to pay the Subservicer’s fees and expenses. For
purposes of distributions and advances by the Company pursuant to this
Agreement, the Company shall be deemed to have received a payment on a
Mortgage
Loan when the Subservicer has received such payment.
Section
4.02
|
Liquidation
of Mortgage Loans.
|
In
the
event that any payment due under any Mortgage Loan and not postponed pursuant
to
Section 4.01 is not paid when the same becomes due and payable, or in the
event
the Mortgagor fails to perform any other covenant or obligation under the
Mortgage Loan and such failure continues beyond any applicable grace period,
the
Company shall take such action as (1) the Company would take under similar
circumstances with respect to a similar mortgage loan held for its own
account
for investment, (2) shall be consistent with Accepted Servicing Practices,
(3)
the Company shall determine prudently to be in the best interest of Purchaser,
and (4) is consistent with any related PMI Policy. In the event that any
payment
due under any Mortgage Loan is not postponed pursuant to Section 4.01 and
remains delinquent for a period of 90 days or any other default continues
for a
period of 90 days beyond the expiration of any grace or cure period, the
Company
shall commence foreclosure proceedings, provided that, prior to commencing
foreclosure proceedings, the Company shall notify the Purchaser in writing
of
the Company’s intention to do so, and the Company shall not commence foreclosure
proceedings if the Purchaser objects to such action within 10 Business
Days of
receiving such notice. In the event the Purchaser objects to such foreclosure
action, the Company shall not be required to make Monthly Advances with
respect
to such Mortgage Loan, pursuant to Section 5.03, and the Company’s obligation to
make such Monthly Advances shall terminate on the 90th day referred to
above. In such connection, the Company shall from its own funds make
all necessary and proper Servicing Advances, provided, however, that the
Company
shall not be required to expend its own funds in connection with any foreclosure
or towards the restoration or preservation of any Mortgaged Property, unless
it
shall determine (a) that such preservation, restoration and/or foreclosure
will
increase the proceeds of liquidation of the Mortgage Loan to Purchaser
after
reimbursement to itself for such expenses and (b) that such expenses will
be
recoverable by it either through Liquidation Proceeds (respecting which
it shall
have priority for purposes of withdrawals from the Custodial Account pursuant
to
Section 4.05) or through Insurance Proceeds (respecting which it shall
have
similar priority).
Notwithstanding
anything to the contrary contained herein, in connection with a foreclosure
or
acceptance of a deed in lieu of foreclosure, in the event the Company has
reasonable cause to believe that a Mortgaged Property is contaminated by
hazardous or toxic substances or wastes, or if the Purchaser otherwise
requests
an environmental inspection or review of such Mortgaged Property to be
conducted
by a qualified inspector. Upon completion of the inspection, the Company
shall
promptly provide the Purchaser with a written report of the environmental
inspection.
After
reviewing the environmental inspection report, the Purchaser shall determine
how
the Company shall proceed with respect to the Mortgaged Property. In the
event
(a) the environmental inspection report indicates that the Mortgaged
Property is contaminated by hazardous or toxic substances or wastes and
(b) the Purchaser directs the Company to proceed with foreclosure or
acceptance of a deed in lieu of foreclosure, the Company shall be reimbursed
for
all costs associated with such foreclosure or acceptance of a deed in lieu
of
foreclosure and any related environmental clean up costs, as applicable,
from
the related Liquidation Proceeds, or if the Liquidation Proceeds are
insufficient to fully reimburse the Company, the Company shall be entitled
to be
reimbursed from amounts in the Custodial Account pursuant to Section 4.05
hereof. In the event the Purchaser directs the Company not to proceed with
foreclosure or acceptance of a deed in lieu of foreclosure, the Company
shall be
reimbursed for all Servicing Advances made with respect to the related
Mortgaged
Property from the Custodial Account pursuant to Section 4.05
hereof.
Section
4.03
|
Collection
of Mortgage Loan Payments.
|
Continuously
from the date hereof until the principal and interest on all Mortgage Loans
are
paid in full, the Company shall proceed diligently to collect all payments
due
under each of the Mortgage Loans when the same shall become due and payable
and
shall take special care in ascertaining and estimating Escrow Payments
and all
other charges that will become due and payable with respect to the Mortgage
Loan
and the Mortgaged Property, to the end that the installments payable by
the
Mortgagors will be sufficient to pay such charges as and when they become
due
and payable.
Section
4.04
|
Establishment
of and Deposits to Custodial
Account.
|
The
Company shall segregate and hold all funds collected and received pursuant
to a
Mortgage Loan separate and apart from any of its own funds and general
assets
and shall establish and maintain one or more Custodial Accounts, in the
form of
time deposit or demand accounts, titled “Countrywide Home Loans, Inc. in trust
for EMC Mortgage Corporation, as purchaser of Residential Adjustable Rate
Mortgage Loans and various Mortgagors”. The Custodial Account shall be
established with a Qualified Depository acceptable to the Purchaser. Any
funds
deposited in the Custodial Account shall at all times be fully insured
to the
full extent permitted under applicable law. Funds deposited in the
Custodial Account may be drawn on by the Company in accordance with Section
4.05. The creation of any Custodial Account shall be evidenced by a
certification in the form of Exhibit D-1 hereto, in the case of an
account established with the Company, or by a letter agreement in the form
of
Exhibit D-2 hereto, in the case of an account held by a depository other
than the Company. A copy of such certification or letter agreement shall
be
furnished to the Purchaser and, upon request, to any subsequent
Purchaser.
The
Company shall deposit in the Custodial Account within two Business Days
of
receipt, and retain therein, the following collections received by the
Company
and payments made by the Company after the related Cut-off Date, (other
than
payments of principal and interest due on or before the related Cut-off
Date, or
received by the Company prior to the related Cut-off Date but allocable
to a
period subsequent thereto or with respect to each LPMI Loan, in the amount
of
the LPMI Fee):
(i) all
payments on account of principal on the Mortgage Loans, including all Principal
Prepayments;
(ii) all
payments on account of interest on the Mortgage Loans adjusted to the Mortgage
Loan Remittance Rate;
(iii) all
Liquidation Proceeds;
(iv) all
Insurance Proceeds including amounts required to be deposited pursuant
to
Section 4.10, Section 4.11, Section 4.14 and Section 4.15;
(v) all
Condemnation Proceeds which are not applied to the restoration or repair
of the
Mortgaged Property or released to the Mortgagor in accordance with Section
4.14;
(vi) any
amount required to be deposited in the Custodial Account pursuant to Section
4.01, 4.09, 5.03, 6.01 or 6.02;
(vii) any
amounts payable in connection with the repurchase of any Mortgage Loan
pursuant
to Section 3.03, 3.05 or 3.07 and all amounts required to be deposited
by the
Company in connection with a shortfall in principal amount of any Qualified
Substitute Mortgage Loan pursuant to Section 3.03;
(viii) with
respect to each Principal Prepayment in full or in part, the Prepayment
Interest
Shortfall Amount, if any, for the month of distribution. Such deposit shall
be
made from the Company’s own funds, without reimbursement therefor up to a
maximum amount per month of the Servicing Fee actually received for such
month
for the Mortgage Loans;
(ix) any
amounts required to be deposited by the Company pursuant to Section 4.11
in
connection with the deductible clause in any blanket hazard insurance policy;
and
(x) any
amounts received with respect to or related to any REO Property and all
REO
Disposition Proceeds pursuant to Section 4.16.
The
foregoing requirements for deposit into the Custodial Account shall be
exclusive, it being understood and agreed that, without limiting the generality
of the foregoing, payments in the nature of late payment charges and assumption
fees, to the extent permitted by Section 6.01, need not be deposited by
the
Company into the Custodial Account. Any interest paid on funds deposited
in the
Custodial Account by the depository institution shall accrue to the benefit
of
the Company and the Company shall be entitled to retain and withdraw such
interest from the Custodial Account pursuant to Section 4.05.
Section
4.05
|
Permitted
Withdrawals From Custodial
Account.
|
The
Company shall, from time to time, withdraw funds from the Custodial Account
for
the following purposes:
(i) to
make
payments to the Purchaser in the amounts and in the manner provided for
in
Section 5.01;
(ii) to
reimburse itself for Monthly Advances of the Company’s funds made pursuant to
Section 5.03, the Company’s right to reimburse itself pursuant to this subclause
(ii) being limited to amounts received on the related Mortgage Loan which
represent late payments of principal and/or interest respecting which any
such
advance was made, it being understood that, in the case of any such
reimbursement, the Company’s right thereto shall be prior to the rights of
Purchaser, except that, where the Company is required to repurchase a Mortgage
Loan pursuant to Section 3.03, 3.05, 3.07 or 6.02, the Company’s right to such
reimbursement shall be subsequent to the payment to the Purchaser of the
Repurchase Price pursuant to such sections and all other amounts required
to be
paid to the Purchaser with respect to such Mortgage Loan;
(iii) to
reimburse itself for unreimbursed Servicing Advances, and for any unpaid
Servicing Fees, the Company’s right to reimburse itself pursuant to this
subclause (iii) with respect to any Mortgage Loan being limited to related
Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and such
other
amounts as may be collected by the Company from the Mortgagor or otherwise
relating to the Mortgage Loan, it being understood that, in the case of
any such
reimbursement, the Company’s right thereto shall be prior to the rights of
Purchaser except where the Company is required to repurchase a Mortgage
Loan
pursuant to Section 3.03, 3.05, 3.07 or 6.02, in which case the Company’s right
to such reimbursement shall be subsequent to the payment to the Purchasers
of
the Repurchase Price pursuant to such sections and all other amounts required
to
be paid to the Purchasers with respect to such Mortgage Loan;
(iv) to
pay
itself interest on funds deposited in the Custodial Account;
(v) to
reimburse itself for expenses incurred and reimbursable to it pursuant
to
Section 9.01;
(vi) to
pay
any amount required to be paid pursuant to Section 4.16 related to any
REO
Property, it being understood that in the case of any such expenditure
or
withdrawal related to a particular REO Property, the amount of such expenditure
or withdrawal from the Custodial Account shall be limited to amounts on
deposit
in the Custodial Account with respect to the related REO Property;
(vii) to
clear
and terminate the Custodial Account upon the termination of this Agreement;
and
(viii) to
withdraw funds deposited in error.
In
the
event that the Custodial Account is interest bearing, on each Remittance
Date,
the Company shall withdraw all funds from the Custodial Account except
for those
amounts which, pursuant to Section 5.01, the Company is not obligated to
remit
on such Remittance Date. The Company may use such withdrawn funds only
for the
purposes described in this Section 4.05.
Section
4.06
|
Establishment
of and Deposits to Escrow
Account.
|
The
Company shall segregate and hold all funds collected and received pursuant
to a
Mortgage Loan constituting Escrow Payments separate and apart from any
of its
own funds and general assets and shall establish and maintain one or more
Escrow
Accounts, in the form of time deposit or demand accounts, titled, “Countrywide
Home Loans, Inc., in trust for the EMC Mortgage Corporation, as purchaser
of
Residential Adjustable Rate Mortgage Loans and various Mortgagors”. The Escrow
Accounts shall be established with a Qualified Depository, in a manner
which
shall provide maximum available insurance thereunder. Funds deposited in
the
Escrow Account may be drawn on by the Company in accordance with Section
4.07.
The creation of any Escrow Account shall be evidenced by a certification
in the
form of Exhibit E-1 hereto, in the case of an account established with
the Company, or by a letter agreement in the form of Exhibit E-2 hereto,
in the case of an account held by a depository other than the Company.
A copy of
such certification shall be furnished to the Purchaser and, upon request,
to any
subsequent Purchaser.
The
Company shall deposit in the Escrow Account or Accounts within two Business
Days
of receipt, and retain therein:
(i) all
Escrow Payments collected on account of the Mortgage Loans, for the purpose
of
effecting timely payment of any such items as required under the terms
of this
Agreement; and
(ii) all
amounts representing Insurance Proceeds or Condemnation Proceeds which
are to be
applied to the restoration or repair of any Mortgaged Property.
The
Company shall make withdrawals from the Escrow Account only to effect such
payments as are required under this Agreement, as set forth in Section
4.07. The
Company shall be entitled to retain any interest paid on funds deposited
in the
Escrow Account by the depository institution, other than interest on escrowed
funds required by law to be paid to the Mortgagor. To the extent required
by
law, the Company shall pay interest on escrowed funds to the Mortgagor
notwithstanding that the Escrow Account may be non-interest bearing or
that
interest paid thereon is insufficient for such purposes.
Section
4.07
|
Permitted
Withdrawals From Escrow
Account.
|
Withdrawals
from the Escrow Account or Accounts may be made by the Company
only:
(i) to
effect
timely payments of ground rents, taxes, assessments, water rates, mortgage
insurance premiums, condominium charges, fire and hazard insurance premiums
or
other items constituting Escrow Payments for the related Mortgage;
(ii) to
reimburse the Company for any Servicing Advances made by the Company pursuant
to
Section 4.08 with respect to a related Mortgage Loan, but only from amounts
received on the related Mortgage Loan which represent late collections
of Escrow
Payments thereunder;
(iii) to
refund
to any Mortgagor any funds found to be in excess of the amounts required
under
the terms of the related Mortgage Loan;
(iv) for
transfer to the Custodial Account and application to reduce the principal
balance of the Mortgage Loan in accordance with the terms of the related
Mortgage and Mortgage Note;
(v) for
application to restoration or repair of the Mortgaged Property in accordance
with the procedures outlined in Section 4.14;
(vi) to
pay to
the Company, or any Mortgagor to the extent required by law, any interest
paid
on the funds deposited in the Escrow Account;
(vii) to
clear
and terminate the Escrow Account on the termination of this Agreement;
and
(viii) to
withdraw funds deposited in error.
Section
4.08
|
Payment
of Taxes, Insurance and Other
Charges.
|
With
respect to each Mortgage Loan, the Company shall maintain accurate records
reflecting the status of ground rents, taxes, assessments, water rates,
sewer
rents, and other charges which are or may become a lien upon the Mortgaged
Property and the status of PMI Policy premiums and fire and hazard insurance
coverage and shall obtain, from time to time, all bills for the payment
of such
charges (including renewal premiums) and shall effect payment thereof prior
to
the applicable penalty or termination date, employing for such purpose
deposits
of the Mortgagor in the Escrow Account which shall have been estimated
and
accumulated by the Company in amounts sufficient for such purposes, as
allowed
under the terms of the Mortgage. To the extent that a Mortgage does not
provide
for Escrow Payments, the Company shall determine that any such payments
are made
by the Mortgagor at the time they first become due. The Company assumes
full
responsibility for the timely payment of all such bills and shall effect
timely
payment of all such charges irrespective of each Mortgagor’s faithful
performance in the payment of same or the making of the Escrow Payments,
and the
Company shall make advances from its own funds to effect such
payments.
Section
4.09
|
Protection
of Accounts.
|
The
Company may transfer the Custodial Account or the Escrow Account to a different
Qualified Depository from time to time. Upon any such transfer, the Company
shall promptly notify the Purchaser and deliver to the Purchaser a Custodial
Account Certification or Escrow Account Certification (as applicable) in
the
form of Exhibit D-1 or E-1 to this agreement.
The
Company shall bear any expenses, losses or damages sustained by the Purchaser
because the Custodial Account and/or the Escrow Account are not demand
deposit
accounts.
Amounts
on deposit in the Custodial Account and the Escrow Account may at the option
of
the Company be invested in Eligible Investments; provided that in the event
that
amounts on deposit in the Custodial Account or the Escrow Account exceed
the
amount fully insured by the FDIC (the “Insured Amount”) the Company shall
be obligated to invest the excess amount over the Insured Amount in Eligible
Investments on the same Business Day as such excess amount becomes present
in
the Custodial Account or the Escrow Account. Any such Eligible Investment
shall
mature no later than the Determination Date next following the date of
such
Eligible Investment, provided, however, that if such Eligible Investment
is an
obligation of a Qualified Depository (other than the Company) that maintains
the
Custodial Account or the Escrow Account, then such Eligible Investment
may
mature on such Remittance Date. Any such Eligible Investment shall be made
in
the name of the Company in trust for the benefit of the Purchaser. All
income on
or gain realized from any such Eligible Investment shall be for the benefit
of
the Company and may be withdrawn at any time by the Company. Any losses
incurred
in respect of any such investment shall be deposited in the Custodial Account
or
the Escrow Account, by the Company out of its own funds immediately as
realized.
Section
4.10
|
Maintenance
of Hazard Insurance.
|
The
Company shall cause to be maintained for each Mortgage Loan hazard insurance
such that all buildings upon the Mortgaged Property are insured by a generally
acceptable insurer rated A:VI or better in the current Best’s Key Rating Guide
(“Best’s”) against loss by fire, hazards of extended coverage and such
other hazards as are customary in the area where the Mortgaged Property
is
located, in an amount which is at least equal to the lesser of (i) the
replacement value of the improvements securing such Mortgage Loan and (ii)
the
greater of (a) the outstanding principal balance of the Mortgage Loan and
(b) an
amount such that the proceeds thereof shall be sufficient to prevent the
Mortgagor or the loss payee from becoming a co-insurer.
If
a
Mortgaged Property is located in an area identified in the Federal Register
by
the Flood Emergency Management Agency as having special flood hazards (and
such
flood insurance has been made available) a flood insurance policy meeting
the
requirements of the current guidelines of the Federal Insurance Administration
is in effect with a generally acceptable insurance carrier rated A:VI or
better
in Best’s in an amount representing coverage equal to the lesser of (i) the
minimum amount required, under the terms of coverage, to compensate for
any
damage or loss on a replacement cost basis (or the unpaid balance of the
mortgage if replacement cost coverage is not available for the type of
building
insured) and (ii) the maximum amount of insurance which is available under
the
Flood Disaster Protection Act of 1973, as amended. If at any time during
the
term of the Mortgage Loan, the Company determines in accordance with applicable
law and pursuant to the Xxxxxx Xxx Guides that a Mortgaged Property is
located
in a special flood hazard area and is not covered by flood insurance or
is
covered in an amount less than the amount required by the Flood Disaster
Protection Act of 1973, as amended, the Company shall notify the related
Mortgagor that the Mortgagor must obtain such flood insurance coverage,
and if
said Mortgagor fails to obtain the required flood insurance coverage within
forty-five (45) days after such notification, the Company shall immediately
force place the required flood insurance on the Mortgagor’s behalf.
If
a
Mortgage is secured by a unit in a condominium project, the Company shall
verify
that the coverage required of the owner’s association, including hazard, flood,
liability, and fidelity coverage, is being maintained in accordance with
then
current Xxxxxx Mae requirements, and secure from the owner’s association its
agreement to notify the Company promptly of any change in the insurance
coverage
or of any condemnation or casualty loss that may have a material effect
on the
value of the Mortgaged Property as security.
The
Company shall cause to be maintained on each Mortgaged Property earthquake
or
such other or additional insurance as may be required pursuant to such
applicable laws and regulations as shall at any time be in force and as
shall
require such additional insurance, or pursuant to the requirements of any
private mortgage guaranty insurer, or as may be required to conform with
Accepted Servicing Practices.
In
the
event that any Purchaser or the Company shall determine that the Mortgaged
Property should be insured against loss or damage by hazards and risks
not
covered by the insurance required to be maintained by the Mortgagor pursuant
to
the terms of the Mortgage, the Company shall communicate and consult with
the
Mortgagor with respect to the need for such insurance and bring to the
Mortgagor’s attention the desirability of protection of the Mortgaged
Property.
All
policies required hereunder shall name the Company as loss payee and shall
be
endorsed with standard or union mortgagee clauses, without contribution,
which
shall provide for at least 30 days prior written notice of any cancellation,
reduction in amount or material change in coverage.
The
Company shall not interfere with the Mortgagor’s freedom of choice in selecting
either his insurance carrier or agent, provided, however, that the Company
shall
not accept any such insurance policies from insurance companies unless
such
companies are rated A:VI or better in Best’s and are licensed to do business in
the jurisdiction in which the Mortgaged Property is located. The Company
shall
determine that such policies provide sufficient risk coverage and amounts,
that
they insure the property owner, and that they properly describe the property
address. The Company shall furnish to the Mortgagor a formal notice of
expiration of any such insurance in sufficient time for the Mortgagor to
arrange
for renewal coverage by the expiration date.
Pursuant
to Section 4.04, any amounts collected by the Company under any such policies
(other than amounts to be deposited in the Escrow Account and applied to
the
restoration or repair of the related Mortgaged Property, or property acquired
in
liquidation of the Mortgage Loan, or to be released to the Mortgagor, in
accordance with the Company’s normal servicing procedures as specified in
Section 4.14) shall be deposited in the Custodial Account subject to withdrawal
pursuant to Section 4.05.
Section
4.11
|
Maintenance
of Mortgage Impairment
Insurance.
|
In
the
event that the Company shall obtain and maintain a blanket policy insuring
against losses arising from fire and hazards covered under extended coverage
on
all of the Mortgage Loans, then, to the extent such policy provides coverage
in
an amount equal to the amount required pursuant to Section 4.10 and otherwise
complies with all other requirements of Section 4.10, it shall conclusively
be
deemed to have satisfied its obligations as set forth in Section 4.10.
Any
amounts collected by the Company under any such policy relating to a Mortgage
Loan shall be deposited in the Custodial Account subject to withdrawal
pursuant
to Section 4.05. Such policy may contain a deductible clause, in which
case, in
the event that there shall not have been maintained on the related Mortgaged
Property a policy complying with Section 4.10, and there shall have been
a loss
which would have been covered by such policy, the Company shall deposit
in the
Custodial Account at the time of such loss the amount not otherwise payable
under the blanket policy because of such deductible clause, such amount
to
deposited from the Company’s funds, without reimbursement therefor. Upon request
of any Purchaser, the Company shall cause to be delivered to such Purchaser
a
certified true copy of such policy and a statement from the insurer thereunder
that such policy shall in no event be terminated or materially modified
without
30 days’ prior written notice to such Purchaser.
Section
4.12
|
Maintenance
of Fidelity Bond and Errors and Omissions
Insurance.
|
The
Company shall maintain with responsible companies, at its own expense,
a blanket
Fidelity Bond and an Errors and Omissions Insurance Policy, with broad
coverage
on all officers, employees or other persons acting in any capacity requiring
such persons to handle funds, money, documents or papers relating to the
Mortgage Loans (“Company Employees”). Any such Fidelity Bond and Errors
and Omissions Insurance Policy shall be in the form of the Mortgage Banker’s
Blanket Bond and shall protect and insure the Company against losses, including
forgery, theft, embezzlement, fraud, errors and omissions and negligent
acts of such Company Employees. Such Fidelity Bond and Errors and Omissions
Insurance Policy also shall protect and insure the Company against losses
in
connection with the release or satisfaction of a Mortgage Loan without
having
obtained payment in full of the indebtedness secured thereby. No provision
of
this Section 4.12 requiring such Fidelity Bond and Errors and Omissions
Insurance Policy shall diminish or relieve the Company from its duties
and
obligations as set forth in this Agreement. The minimum coverage under
any such
bond and insurance policy shall be acceptable to Xxxxxx Xxx or Xxxxxxx
Mac. Upon the request of any Purchaser, the Company shall cause to be
delivered to such Purchaser a certified true copy of such fidelity bond
and
insurance policy and a statement from the surety and the insurer that such
fidelity bond and insurance policy shall in no event be terminated or materially
modified without 30 days’ prior written notice to the Purchaser.
Section
4.13
|
Inspections.
|
The
Company shall inspect the Mortgaged Property as often as deemed necessary
by the
Company to assure itself that the value of the Mortgaged Property is being
preserved. In addition, if any Mortgage Loan is more than 60 days delinquent,
the Company immediately shall inspect the Mortgaged Property and shall
conduct
subsequent inspections in accordance with Accepted Servicing Practices
or as may
be required by the primary mortgage guaranty insurer. The Company shall
keep a
written report of each such inspection.
Section
4.14
|
Restoration
of Mortgaged Property.
|
The
Company need not obtain the approval of the Purchaser prior to releasing
any
Insurance Proceeds or Condemnation Proceeds to the Mortgagor to be applied
to
the restoration or repair of the Mortgaged Property if such release is
in
accordance with Accepted Servicing Practices. At a minimum, the Company
shall
comply with the following conditions in connection with any such release
of
Insurance Proceeds or Condemnation Proceeds:
(i) the
Company shall receive satisfactory independent verification of completion
of
repairs and issuance of any required approvals with respect
thereto;
(ii) the
Company shall take all steps necessary to preserve the priority of the
lien of
the Mortgage, including, but not limited to requiring waivers with respect
to
mechanics’ and materialmen’s liens;
(iii) the
Company shall verify that the Mortgage Loan is not in default; and
(iv) pending
repairs or restoration, the Company shall place the Insurance Proceeds
or
Condemnation Proceeds in the Custodial Account.
If
the
Purchaser is named as an additional loss payee, the Company is hereby empowered
to endorse any loss draft issued in respect of such a claim in the name
of the
Purchaser.
Section
4.15
|
Maintenance
of PMI and LPMI Policy; Claims.
|
(a)
With
respect to each Mortgage Loan with a LTV in excess of 95%, the Company
shall:
(i) with
respect to Mortgage Loans which are not LPMI Loans, in accordance with
state and
federal laws and without any cost to the Purchaser, maintain or cause the
Mortgagor to maintain in full force and effect a PMI Policy with a minimum
of
35% coverage insuring that portion of the Mortgage Loan in excess of 68%
(or
such other percentage as stated in the related Acknowledgment Agreement)
of
value, and shall pay or shall cause the Mortgagor to pay the premium thereon
on
a timely basis, until the LTV of such Mortgage Loan is reduced to 80%.
In the
event that such PMI Policy shall be terminated, the Company shall obtain
from
another Qualified Insurer a comparable replacement policy, with a total
coverage
equal to the remaining coverage of such terminated PMI Policy, at substantially
the same fee level. If the insurer shall cease to be a Qualified Insurer,
the
Company shall determine whether recoveries under the PMI Policy are jeopardized
for reasons related to the financial condition of such insurer, it being
understood that the Company shall in no event have any responsibility or
liability for any failure to recover under the PMI Policy for such
reason. If the Company determines that recoveries are so jeopardized,
it shall notify the Purchaser and the Mortgagor, if required, and obtain
from
another Qualified Insurer a replacement insurance policy. The Company shall
not
take any action which would result in noncoverage under any applicable
PMI
Policy of any loss which, but for the actions of the Company would have
been
covered thereunder. In connection with any assumption or substitution agreement
entered into or to be entered into pursuant to Section 4.01, the Company
shall
promptly notify the insurer under the related PMI Policy, if any, of such
assumption or substitution of liability in accordance with the terms of
such PMI
Policy and shall take all actions which may be required by such insurer
as a
condition to the continuation of coverage under such PMI Policy. If such
PMI
Policy is terminated as a result of such assumption or substitution of
liability, the Company shall obtain a replacement PMI Policy as provided
above.
(ii)
with respect to LPMI Loans, maintain in full force and effect an LPMI Policy
insuring that portion of the Mortgage Loan with a minimum of 35% coverage
insuring that portion of the Mortgage Loan in excess of 68% (or such other
percentage as stated in the related Acknowledgment Agreement) of value,
and from
time to time, withdraw the LPMI Fee with respect to such LPMI Loan from
the
Custodial Account in order to pay the premium thereon on a timely basis,
until
the LTV of such Mortgage Loan is reduced to 80%. In the event that the
interest
payments made with respect to any LPMI Loan are less than the LPMI Fee,
the
Company shall advance from its own funds the amount of any such shortfall
in the
LPMI Fee, in payment of the premium on the related LPMI Policy. Any
such advance shall be a Servicing Advance subject to reimbursement pursuant
to
the provisions on Section 2.05. In the event that such LPMI Policy shall
be
terminated, the Company shall obtain from another Qualified Insurer a comparable
replacement policy, with a total coverage equal to the remaining coverage
of
such terminated LPMI Policy, at substantially the same fee level. If the
insurer
shall cease to be a Qualified Insurer, the Company shall determine whether
recoveries under the LPMI Policy are jeopardized for reasons related to
the
financial condition of such insurer, it being understood that the Company
shall
in no event have any responsibility or liability for any failure to recover
under the LPMI Policy for such reason. If the Company determines that
recoveries are so jeopardized, it shall notify the Purchaser and the Mortgagor,
if required, and obtain from another Qualified Insurer a replacement insurance
policy. The Company shall not take any action which would result in
noncoverage under any applicable LPMI Policy of any loss which, but for
the
actions of the Company would have been covered thereunder. In connection
with
any assumption or substitution agreement entered into or to be entered
into
pursuant to Section 6.01, the Company shall promptly notify the insurer
under
the related LPMI Policy, if any, of such assumption or substitution of
liability
in accordance with the terms of such LPMI Policy and shall take all actions
which may be required by such insurer as a condition to the continuation
of
coverage under such PMI Policy. If such LPMI Policy is terminated as a
result of
such assumption or substitution of liability, the Company shall obtain
a
replacement LPMI Policy as provided above.
(b) In
connection with its activities as servicer, the Company agrees to prepare
and
present, on behalf of itself and the Purchaser, claims to the insurer under
any
PMI Policy or LPMI Policy in a timely fashion in accordance with the terms
of
such PMI Policy or LPMI Policy and, in this regard, to take such action
as shall
be necessary to permit recovery under any PMI Policy or LPMI Policy respecting
a
defaulted Mortgage Loan. Pursuant to Section 4.04, any amounts collected
by the
Company under any PMI Policy or LPMI Policy shall be deposited in the Custodial
Account, subject to withdrawal pursuant to Section 4.05.
(c) Purchaser,
in its sole discretion, at any time, may (i) either obtain an additional
PMI
Policy on any Mortgage Loan which already has a PMI Policy in place, or
(ii)
obtain a PMI Policy for any Mortgage Loan which does not already have a
PMI
Policy in place. In any event, the Company agrees to administer such
PMI Policies in accordance with the Agreement or any Reconstitution
Agreement.
Section
4.16
|
Title,
Management and Disposition of REO
Property.
|
In
the
event that title to any Mortgaged Property is acquired in foreclosure or
by deed
in lieu of foreclosure, the deed or certificate of sale shall be taken
in the
name of the Purchaser, or in the event the Purchaser is not authorized
or
permitted to hold title to real property in the state where the REO Property
is
located, or would be adversely affected under the “doing business” or tax laws
of such state by so holding title, the deed or certificate of sale shall
be
taken in the name of such Person or Persons as shall be consistent with
an
Opinion of Counsel obtained by the Company from any attorney duly licensed
to
practice law in the state where the REO Property is located. The Person
or
Persons holding such title other than the Purchaser shall acknowledge in
writing
that such title is being held as nominee for the Purchaser.
The
Company shall manage, conserve, protect and operate each REO Property for
the
Purchaser solely for the purpose of its prompt disposition and sale. The
Company, either itself or through an agent selected by the Company, shall
manage, conserve, protect and operate the REO Property in the same manner
that
it manages, conserves, protects and operates other foreclosed property
for its
own account, and in the same manner that similar property in the same locality
as the REO Property is managed. The Company shall attempt to sell the same
(and
may temporarily rent the same for a period not greater than one year, except
as
otherwise provided below) on such terms and conditions as the Company deems
to
be in the best interest of the Purchaser.
The
Company shall use its best efforts to dispose of the REO Property as soon
as
possible and shall sell such REO Property in any event within one year
after
title has been taken to such REO Property, unless (i) (A) a REMIC election
has
not been made with respect to the arrangement under which the Mortgage
Loans and
the REO Property are held, and (ii) the Company determines, and gives an
appropriate notice to the Purchaser to such effect, that a longer period
is
necessary for the orderly liquidation of such REO Property. If a period
longer
than one year is permitted under the foregoing sentence and is necessary
to sell
any REO Property the Company shall report monthly to the Purchaser as to
the
progress being made in selling such REO Property.
The
Company shall also maintain on each REO Property fire and hazard insurance
with
extended coverage in amount which is at least equal to the maximum insurable
value of the improvements which are a part of such property, liability
insurance
and, to the extent required and available under the Flood Disaster Protection
Act of 1973, as amended, flood insurance in the amount required
above.
The
disposition of REO Property shall be carried out by the Company at such
price,
and upon such terms and conditions, as the Company deems to be in the best
interests of the Purchaser. The proceeds of sale of the REO Property shall
be
promptly deposited in the Custodial Account. As soon as practical thereafter
the
expenses of such sale shall be paid and the Company shall reimburse itself
for
any related unreimbursed Servicing Advances, unpaid Servicing Fees and
unreimbursed advances made pursuant to Section 5.03, and on the Remittance
Date
immediately following the Principal Prepayment Period in which such sale
proceeds are received the net cash proceeds of such sale remaining in the
Custodial Account shall be distributed to the Purchaser.
The
Company shall withdraw the Custodial Account funds necessary for the proper
operation, management and maintenance of the REO Property, including the
cost of
maintaining any hazard insurance pursuant to Section 4.10 and the fees
of any
managing agent of the Company, a Subservicer, or the Company itself. The
REO
management fee shall be an amount that is reasonable and customary in the
area
where the Mortgaged Property is located. The Company shall make monthly
distributions on each Remittance Date to the Purchasers of the net cash
flow
from the REO Property (which shall equal the revenues from such REO Property
net
of the expenses described in this Section 4.16 and of any reserves reasonably
required from time to time to be maintained to satisfy anticipated liabilities
for such expenses).
Section
4.17
|
Real
Estate Owned Reports.
|
Together
with the statement furnished pursuant to Section 5.02, the Company shall
furnish
to the Purchaser on or before the Remittance Date each month a statement
with
respect to any REO Property covering the operation of such REO Property
for the
previous month and the Company’s efforts in connection with the sale of such REO
Property and any rental of such REO Property incidental to the sale thereof
for
the previous month. That statement shall be accompanied by such other
information as the Purchaser shall reasonably request.
Section
4.18
|
Liquidation
Reports.
|
Upon
the
foreclosure sale of any Mortgaged Property or the acquisition thereof by
the
Purchaser pursuant to a deed in lieu of foreclosure, the Company shall
submit to
the Purchaser a liquidation report with respect to such Mortgaged
Property.
Section
4.19
|
Reports
of Foreclosures and Abandonments of Mortgaged
Property.
|
Following
the foreclosure sale or abandonment of any Mortgaged Property, the Company
shall
report such foreclosure or abandonment as required pursuant to Section
6050J of
the Code.
Section
4.20
|
Notification
of Adjustments.
|
With
respect to each Mortgage Loan, the Company shall adjust the Mortgage Interest
Rate on the related Interest Rate Adjustment Date and shall adjust the
Monthly
Payment on the related Payment Adjustment Date in compliance with the
requirements of applicable law and the related Mortgage and Mortgage Note.
If,
pursuant to the terms of the Mortgage Note, another index is selected for
determining the Mortgage Interest Rate, the same index will be used with
respect
to each Mortgage Note which requires a new index to be selected, provided
that
such selection does not conflict with the terms of the related Mortgage
Note. The Company shall execute and deliver any and all necessary
notices required under applicable law and the terms of the related Mortgage
Note
and Mortgage regarding the Mortgage Interest Rate and the Monthly Payment
adjustments. The Company shall promptly upon written request thereof,
deliver to the Purchaser such notifications and any additional applicable
data
regarding such adjustments and the methods used to calculate and implement
such
adjustments. Upon the discovery by the Company, or the Purchaser that the
Company has failed to adjust a Mortgage Interest Rate or a Monthly Payment
pursuant to the terms of the related Mortgage Note and Mortgage, the Company
shall immediately deposit in the Custodial Account from its own funds the
amount
of any interest loss caused the Purchaser thereby.
ARTICLE
V
PAYMENTS
TO PURCHASER
Section
5.01
|
Remittances.
|
On
each
Remittance Date the Company shall remit by wire transfer of immediately
available funds to the Purchaser (a) all amounts deposited in the Custodial
Account as of the close of business on the Determination Date (net of charges
against or withdrawals from the Custodial Account pursuant to Section 4.05),
plus (b) all amounts, if any, which the Company is obligated to distribute
pursuant to Section 5.03, minus (c) any amounts attributable to Principal
Prepayments received after the applicable Principal Prepayment Period which
amounts shall be remitted on the following Remittance Date, together with
any
additional interest required to be deposited in the Custodial Account in
connection with such Principal Prepayment in accordance with Section 4.04(viii),
and minus (d) any amounts attributable to Monthly Payments collected but
due on
a Due Date or Dates subsequent to the first day of the month of the Remittance
Date, which amounts shall be remitted on the Remittance Date next succeeding
the
Due Period for such amounts.
With
respect to any remittance received by the Purchaser after the second Business
Day following the Business Day on which such payment was due, the Company
shall
pay to the Purchaser interest on any such late payment at an annual rate
equal
to the Prime Rate, adjusted as of the date of each change, plus three percentage
points, but in no event greater than the maximum amount permitted by applicable
law. Such interest shall be deposited in the Custodial Account by the Company
on
the date such late payment is made and shall cover the period commencing
with
the day following such second Business Day and ending with the Business
Day on
which such payment is made, both inclusive. Such interest shall be remitted
along with the distribution payable on the next succeeding Remittance Date.
The
payment by the Company of any such interest shall not be deemed an extension
of
time for payment or a waiver of any Event of Default by the
Company.
Section
5.02
|
Statements
to Purchaser.
|
Not
later
than the 10th
day of each calendar month, the Company shall furnish to the Purchaser
a Monthly
Remittance Advice, with a trial balance report attached thereto, in the
form of
Exhibit F annexed hereto electronic medium mutually acceptable to the
parties as to the preceding calendar month and the Due
Period in the month of remittance
In
addition, not more than 60 days after the end of each calendar year, the
Company
shall furnish to each Person who was a Purchaser at any time during such
calendar year an annual statement in accordance with the requirements of
applicable federal income tax law as to the aggregate of remittances for
the
applicable portion of such year. Nothing in this Section 5.02 shall
be deemed to require the Company to prepare any 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 under the REMIC
Provisions.
Section
5.03
|
Monthly
Advances by Company.
|
On
the
Business Day immediately preceding each Remittance Date, either (a) the
Company
shall deposit in the Custodial Account from its own funds or (b) if funds
are on
deposit in the Custodial Account which are not required to be remitted
on the
related Remittance Date, the Company may make an appropriate entry in its
records that such funds shall be applied toward the related Monthly Advance
(provided, that any funds so applied shall be replaced by the Company no
later
than the Business Day immediately preceding the next Remittance Date),
in each
case, in an aggregate amount equal to all Monthly Payments (with interest
adjusted to the Mortgage Loan Remittance Rate) which were due on the Mortgage
Loans during the applicable Due Period and which were delinquent at the
close of
business on the immediately preceding Determination Date or which were
deferred
pursuant to Section 4.01. The Company’s obligation to make such Monthly Advances
as to any Mortgage Loan will continue through the last Monthly Payment
due prior
to the payment in full of the Mortgage Loan, or through the last Remittance
Date
prior to the Remittance Date for the distribution of all Liquidation Proceeds
and other payments or recoveries (including Insurance Proceeds and Condemnation
Proceeds) with respect to the Mortgage Loan.
In
no event shall the Company be obligated to make an advance under this section
5.03 if at the time of such advance it deems such advance to be
non-recoverable. The Company shall promptly deliver an officer’s
certificate to the Purchaser upon determining that any advance is
non-recoverable. In the event that upon liquidation of the Mortgage
Loan, the Liquidation Proceeds are insufficient to reimburse the Company
for any
Monthly Advances, the Company shall notify the related Purchaser of such
shortfall by registered mail with sufficient supporting documentation and
shall
have the right to deduct such shortfall from the next remittance to be
paid to
the related Purchaser.
ARTICLE
VI
GENERAL
SERVICING PROCEDURES
Section
6.01
|
Transfers
of Mortgaged Property.
|
The
Company shall use its best efforts to enforce any “due-on-sale” provision
contained in any Mortgage or Mortgage Note and to deny assumption by the
person
to whom the Mortgaged Property has been or is about to be sold whether
by
absolute conveyance or by contract of sale, and whether or not the Mortgagor
remains liable on the Mortgage and the Mortgage Note. When the Mortgaged
Property has been conveyed by the Mortgagor, the Company shall, to the
extent it
has knowledge of such conveyance, exercise its rights to accelerate the
maturity
of such Mortgage Loan under the “due-on-sale” clause applicable thereto,
provided, however, that the Company shall not exercise such rights if prohibited
by law from doing so or if the exercise of such rights would impair or
threaten
to impair any recovery under the related PMI or LPMI Policy, if
any.
If
the
Company reasonably believes it is unable under applicable law to enforce
such
“due-on-sale” clause, the Company shall enter into (i) an assumption and
modification agreement with the person to whom such property has been conveyed,
pursuant to which such person becomes liable under the Mortgage Note and
the
original Mortgagor remains liable thereon or (ii) in the event the Company
is
unable under applicable law to require that the original Mortgagor remain
liable
under the Mortgage Note and the Company has the prior consent of the primary
mortgage guaranty insurer, a substitution of liability agreement with the
purchaser of the Mortgaged Property pursuant to which the original Mortgagor
is
released from liability and the purchaser of the Mortgaged Property is
substituted as Mortgagor and becomes liable under the Mortgage Note. If
an
assumption fee is collected by the Company for entering into an assumption
agreement, a portion of such fee, up to an amount equal to one percent
(1.0%) of
the outstanding principal balance of the related Mortgage Loan, will be
retained
by the Company as additional servicing compensation, and any portion thereof
in
excess one percent (1.0%) shall be deposited in the Custodial Account for
the
benefit of the Purchaser. In connection with any such assumption or substitution
of liability, neither the Mortgage Interest Rate borne by the related Mortgage
Note, the term of the Mortgage Loan, the Index, the Lifetime Mortgage Interest
Rate Cap, the Initial Rate Cap or the Gross Margin of any Mortgage Loan,
nor the
outstanding principal amount of the Mortgage Loan shall be changed.
To
the
extent that any Mortgage Loan is assumable, the Company shall inquire diligently
into the creditworthiness of the proposed transferee, and shall use the
underwriting criteria for approving the credit of the proposed transferee
which
are used by Xxxxxx Xxx with respect to underwriting mortgage loans of the
same
type as the Mortgage Loans. If the credit of the proposed transferee does
not
meet such underwriting criteria, the Company diligently shall, to the extent
permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate
the maturity of the Mortgage Loan.
Section
6.02
|
Satisfaction
of Mortgages and Release of Mortgage
Files.
|
Upon
the
payment in full of any Mortgage Loan, or the receipt by the Company of
a
notification that payment in full will be escrowed in a manner customary
for
such purposes, the Company shall notify the Purchaser in the Monthly Remittance
Advice as provided in Section 5.02, and may request the release of any
Mortgage
Loan Documents. In connection with any such prepayment in full, the
Company shall comply with all applicable laws regarding satisfaction, release
or
reconveyance with respect to the Mortgage.
If
the
Company satisfies or releases a Mortgage without first having obtained
payment
in full of the indebtedness secured by the Mortgage or should the Company
otherwise prejudice any rights the Purchaser may have under the mortgage
instruments, upon written demand of the Purchaser, the Company shall repurchase
the related Mortgage Loan at the Repurchase Price by deposit thereof in
the
Custodial Account within 2 Business Days of receipt of such demand by the
Purchaser. The Company shall maintain the Fidelity Bond and Errors and
Omissions
Insurance Policy as provided for in Section 4.12 insuring the Company against
any loss it may sustain with respect to any Mortgage Loan not satisfied
in
accordance with the procedures set forth herein.
Section
6.03
|
Servicing
Compensation.
|
As
compensation for its services hereunder, the Company shall be entitled
to
withdraw from the Custodial Account or to retain from interest payments
on the
Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall
be
payable monthly and shall be computed on the basis of the same unpaid principal
balance and for the period respecting which any related interest payment
on a
Mortgage Loan is computed. The Servicing Fee shall be payable only at the
time
of and with respect to those Mortgage Loans for which payment is in fact
made of
the entire amount of the Monthly Payment. The obligation of the Purchaser
to pay
the Servicing Fee is limited to, and payable solely from, the interest
portion
of such Monthly Payments collected by the Company.
Additional
servicing compensation in the form of assumption fees, to the extent provided
in
Section 6.01, and late payment charges and Prepayment Penalties, shall
be
retained by the Company to the extent not required to be deposited in the
Custodial Account. The Company shall be required to pay all expenses incurred
by
it in connection with its servicing activities hereunder and shall not
be
entitled to reimbursement thereof except as specifically provided for
herein. Notwithstanding anything in this Agreement to the contrary,
in the event of a Principal Prepayment in full, the Company shall not waive,
and
shall not permit the waiver of, any Prepayment Penalty or portion thereof
required by the terms of the related Mortgage Note unless (i) the Company
determines that such waiver would maximize recovery of Liquidations Proceeds
for
such Mortgage Loan, taking into account the value of such Prepayment Penalty,
or
(ii) (A) the enforeceability therefore is limited (1) by bankruptcy, insolvency,
moratorium, receivership, or other similar law relating to creditors’ rights
generally or (2) due to acceleration in connection with a foreclosure or
other
involuntary payment or (B) the enforceability is otherwise limited or prohibited
by applicable law.
Section
6.04
|
Annual
Statement as to Compliance.
|
The
Company shall deliver to the Purchaser, on or before May 31 each year beginning
May 31, 2003, an Officer’s Certificate, stating that (i) a review of the
activities of the Company during the preceding calendar year and of performance
under this Agreement has been made under such officer’s supervision, and (ii)
the Company has complied fully with the provisions of Article II and Article
IV,
and (iii) to the best of such officer’s knowledge, based on such review, the
Company has fulfilled all its obligations under this Agreement throughout
such
year, or, if there has been a default in the fulfillment of any such obligation,
specifying each such default known to such officer and the nature and status
thereof and the action being taken by the Company to cure such
default.
Section
6.05
|
Annual
Independent Public Accountants’ Servicing
Report.
|
On
or
before May 31st of each year beginning May 31, 2003, the Company, at its
expense, shall cause a firm of independent public accountants which is
a member
of the American Institute of Certified Public Accountants to furnish a
statement
to each Purchaser to the effect that such firm has examined certain documents
and records relating to the servicing of the Mortgage Loans and this Agreement
and that such firm is of the opinion that the provisions of Article II
and
Article IV have been complied with, and that, on the basis of such examination
conducted substantially in compliance with the Single Attestation Program
for
Mortgage Bankers, nothing has come to their attention which would indicate
that
such servicing has not been conducted in compliance therewith, except for
(i)
such exceptions as such firm shall believe to be immaterial, and (ii) such
other
exceptions as shall be set forth in such statement.
Section
6.06
|
Right
to Examine Company Records.
|
The
Purchaser shall have the right to examine and audit any and all of the
books,
records, or other information of the Company, whether held by the Company
or by
another on its behalf, with respect to or concerning this Agreement or
the
Mortgage Loans, during business hours or at such other times as may be
reasonable under applicable circumstances, upon reasonable advance
notice.
ARTICLE
VII
AGENCY
TRANSFER; PASS-THROUGH TRANSFER
Section
7.01
|
Removal
of Mortgage Loans from Inclusion Under this Agreement Upon an
Agency
Transfer, or a Pass-Through Transfer on One or More Reconstitution
Dates.
|
The
Purchaser and the Company agree that with respect to any Pass-Through Transfer,
Whole Loan Transfer or Agency Transfers, as applicable, the Company shall
cooperate with the Purchaser in effecting such transfers and shall negotiate
in
good faith and execute any Reconstitution Agreement required to effectuate
the
foregoing; provided that, such Reconstitution Agreement shall not materially
increase the Company’s obligations or liabilities hereunder, nor diminish any of
the Company’s rights, and provide to any master servicer or the trustee, as
applicable, and/or the Purchaser any and all publicly available information
and
appropriate verification of information which may be reasonably available
to the
Company, whether through letters of its auditors and counsel or otherwise,
as
the Purchaser, trustee or a master servicer shall reasonable request as
to the
related Mortgage Loans. Purchaser shall reimburse Company for any and
all costs or expenses incurred by Company (i) in obtaining “accountant comfort
letters” with respect to information supplied in response to Purchaser requests,
(ii) in connection with any due diligence performed in connection with
a
Pass-Through or Whole Loan Transfer or (iii) making the Mortgage Loan Documents
or Servicing Files available to parties participating in a Pass-Through
or Whole
Loan Transfer, including without limitation, shipping costs. Such
information may be included in any disclosure document prepared in connection
with the Pass-Through Transfer, Whole Loan Transfer or Agency Transfer,
as
applicable; provided, however, that Company shall indemnify the Purchaser
against any liability arising from any material omissions or misstatements
in
any information supplied by the Company and included in a disclosure document;
and provided, further, that the Purchaser shall indemnify the Company against
any liability arising from any information included in a disclosure document
that was not supplied by the Company. The Company shall execute any
Reconstitution Agreements required within a reasonable period of time after
receipt of such agreements which time shall be sufficient for the Company
and
the Company’s counsel to review such agreements. Company shall use
its Best Efforts to complete such review within ten (10) Business Days
after
mutual agreement as to the terms thereof, but such time shall not exceed
fifteen
(15) Business Days after mutual agreement as to the terms thereof.
The
Company shall not be required to restate any representations and warranties
as
of the date of any Pass-Through Transfer, Whole Loan Transfer or Agency
Transfers other than the representations and warranties set forth in Section
3.01 (provided, that the Company shall not be required to restate the
representation and warranty set forth in Section 3.01(j)).
In
the
event of any Agency Transfer, Pass-Through or Whole Loan Transfer, the
Company
shall have no obligation to pay any custodial fees charged by the
Agency.
Section
7.02
|
Purchaser’s
Repurchase and Indemnification
Obligations.
|
Upon
receipt by the Company of notice from Xxxxxx Mae, Xxxxxxx Mac or the trustee
of
a breach of any Purchaser representation or warranty contained in any
Reconstitution Agreement or a request by Xxxxxx Mae, Xxxxxxx Mac or the
trustee,
as the case may be, for the repurchase of any Mortgage Loan transferred
to
Xxxxxx Mae or Xxxxxxx Mac pursuant to an Agency Transfer or to a trustee
pursuant to a Pass-Through Transfer, the Company shall promptly notify
the
Purchaser of same and shall, at the direction of the Purchaser, use its
best
efforts to cure and correct any such breach and to satisfy the requests
or
concerns of Xxxxxx Mae, Xxxxxxx Mac, or the trustee related to such deficiencies
of the related Mortgage Loans transferred to Xxxxxx Mae, Xxxxxxx Mac, or
the
trustee.
The
Purchaser shall repurchase from the Company any Mortgage Loan transferred
to
Xxxxxx Mae or Xxxxxxx Mac pursuant to an Agency Transfer or to a trustee
pursuant to a Pass-Through Transfer with respect to which the Company has
been
required by Xxxxxx Mae, Xxxxxxx Mac, or the trustee to repurchase due to
a
breach of a representation or warranty made by the Purchaser with respect
to the
Mortgage Loans, or the servicing thereof prior to the transfer date to
Xxxxxx
Mae, Xxxxxxx Mac, or the trustee in any Reconstitution Agreement and not
due to
a breach of the Company’s representations or obligations thereunder or pursuant
to this Agreement. The repurchase price to be paid by the Purchaser to
the
Company shall equal that repurchase price paid by the Company to Xxxxxx
Mae,
Xxxxxxx Mac, or the third party purchaser plus all reasonable costs and
expenses
borne by the Company in connection with the cure of said breach of a
representation or warranty made by the Purchaser and in connection with
the
repurchase of such Mortgage Loan from Xxxxxx Mae, Xxxxxxx Mac, or the trustee,
including, but not limited to, reasonable and necessary attorneys’
fees.
At
the
time of repurchase, the Custodian and the Company shall arrange for the
reassignment of the repurchased Mortgage Loan to the Purchaser according
to the
Purchaser’s instructions and the delivery to the Custodian of any documents held
by Xxxxxx Mae, Xxxxxxx Mac, or the trustee with respect to the repurchased
Mortgage Loan pursuant to the related Reconstitution Agreement. In the
event of
a repurchase, the Company shall, simultaneously with such reassignment,
give
written notice to the Purchaser that such repurchase has taken place, and
amend
the related Mortgage Loan Schedule to reflect the addition of the repurchased
Mortgage Loan to this Agreement. In connection with any such addition,
the
Company and the Purchaser shall be deemed to have made as to such repurchased
Mortgage Loan the representations and warranties set forth in this
Agreement.
ARTICLE
VIII
COMPANY
TO COOPERATE
Section
8.01
|
Provision
of Information.
|
During
the term of this Agreement and provided such request will cause the Company
to
violate any applicable law or statute, the Company shall furnish to the
Purchaser such periodic, special, or other reports or information and copies
or
originals of any documents contained in the Servicing File for each Mortgage
Loan, whether or not provided for herein, as shall be necessary, reasonable,
or
appropriate with respect to the Purchaser, any regulatory requirement pertaining
to the Purchaser or the purposes of this Agreement. All such reports, documents
or information shall be provided by and in accordance with all reasonable
instructions and directions which the Purchaser may give. Purchaser
shall pay any costs related to any special reports.
The
Company shall execute and deliver all such instruments and take all such
action
as the Purchaser may reasonably request from time to time, in order to
effectuate the purposes and to carry out the terms of this
Agreement.
Section
8.02
|
Financial
Statements; Servicing Facility.
|
In
connection with marketing the Mortgage Loans, the Purchaser may make available
to a prospective Purchaser a Consolidated Statement of Operations of the
Company
for the most recently completed five fiscal years for which such a statement
is
available, as well as a Consolidated Statement of Condition at the end
of the
last two fiscal years covered by such Consolidated Statement of Operations.
The
Company also shall make available any comparable interim statements to
the
extent any such statements have been prepared by or on behalf of the Company
(and are available upon request to members or stockholders of the Company
or to
the public at large). If it has not already done so, the Company shall
furnish
promptly to the Purchaser copies of the statement specified
above. Unless requested the Purchaser, the Company shall not be
required to deliver any documents which are publicly available on
XXXXX.
The
Company also shall make available to Purchaser or prospective Purchaser
a
knowledgeable financial or accounting officer for the purpose of answering
questions respecting recent developments affecting the Company or the financial
statements of the Company, and to permit any prospective Purchaser to inspect
the Company’s servicing facilities or those of any Subservicer for the purpose
of satisfying such prospective Purchaser that the Company and any Subservicer
have the ability to service the Mortgage Loans as provided in this
Agreement.
ARTICLE
IX
THE
COMPANY
Section
9.01
|
Indemnification;
Third Party Claims.
|
The
Company shall indemnify the Purchaser and hold it harmless against any
and all
claims, losses, damages, penalties, fines, and forfeitures, including,
but not
limited to reasonable and necessary legal fees and related costs, judgments,
and
any other costs, fees and expenses that the Purchaser may sustain in any
way
related to the failure of the Company to (a) perform its duties and service
the
Mortgage Loans in strict compliance with the terms of this Agreement or
any
Reconstitution Agreement entered into pursuant to Section 7.01, and/or
(b)
comply with applicable law. The Company immediately shall notify the Purchaser
if a claim is made by a third party with respect to this Agreement or any
Reconstitution Agreement or the Mortgage Loans, shall promptly notify Xxxxxx
Xxx, Xxxxxxx Mac, or the trustee with respect to any claim made by a third
party
with respect to any Reconstitution Agreement, assume (with the prior written
consent of the Purchaser) the defense of any such claim and pay all expenses
in
connection therewith, including counsel fees, and promptly pay, discharge
and
satisfy any judgment or decree in the amount of $5,000 or less, which may
be
entered against it or the Purchaser in respect of such claim. The Company
shall
follow any written instructions received from the Purchaser in connection
with
such claim. The Purchaser promptly shall reimburse the Company for all
amounts
advanced by it pursuant to the preceding sentence except when the claim
is in
any way related to the Company’s indemnification pursuant to Section 3.03, or
the failure of the Company to (a) service and administer the Mortgage Loans
in
strict compliance with the terms of this Agreement or any Reconstitution
Agreement, and/or (b) comply with applicable law.
Section
9.02
|
Merger
or Consolidation of the
Company.
|
The
Company shall keep in full effect its existence, rights and franchises
as a
corporation, and shall 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
or any
of the Mortgage Loans and to perform its duties under this
Agreement.
Any
person into which the Company may be merged or consolidated, or any corporation
resulting from any merger, conversion or consolidation to which the Company
shall be a party, or any Person succeeding to the business of the Company,
shall
be the successor of the Company 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 shall be an institution (i) having a net worth of not
less than
$25,000,000, (ii) whose deposits are insured by the FDIC through the BIF
or the
SAIF, and (iii) which is a Xxxxxx Mae-approved company in good
standing.
Section
9.03
|
Limitation
on Liability of Company and
Others.
|
Neither
the Company nor any of the directors, officers, employees or agents of
the
Company shall be under any liability to the Purchaser 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 or any such person against any Breach of
warranties or representations made herein, or failure to perform its obligations
in strict compliance with any standard of care set forth in this Agreement,
or
any liability which would otherwise be imposed by reason of any breach
of the
terms and conditions of this Agreement. The Company and any director, officer,
employee or agent of the Company 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 shall not be under any obligation
to
appear in, prosecute or defend any legal action which is not incidental
to its
duties to service the Mortgage Loans in accordance with this Agreement
and which
in its opinion may involve it in any expense or liability, provided, however,
that the Company may, with the consent of the Purchaser, undertake any
such
action which it may deem necessary or desirable in respect to this Agreement
and
the rights and duties of the parties hereto. In such event, the Company
shall be
entitled to reimbursement from the Purchaser of the reasonable legal expenses
and costs of such action.
Section
9.04
|
Limitation
on Resignation and Assignment by
Company.
|
The
Purchaser has entered into this Agreement with the Company and subsequent
Purchasers will purchase the Mortgage Loans in reliance upon the independent
status of the Company, and the representations as to the adequacy of its
servicing facilities, plant, personnel, records and procedures, its integrity,
reputation and financial standing, and the continuance thereof. Therefore,
the
Company shall neither assign this Agreement or the servicing hereunder
or
delegate its rights or duties hereunder or any portion hereof (to other
than a
Subservicer) or sell or otherwise dispose of all or substantially all of
its
property or assets without the prior written consent of the Purchaser,
which
consent shall be granted or withheld in the sole discretion of the Purchaser;
provided, however, that the Company may assign its right and obligations
hereunder to any entity that is directly or indirectly owned or controlled
by
the Company and the Company guarantees the performance by such entity of
all
obligations hereunder.
The
Company shall not resign from the obligations and duties hereby imposed
on it
except by mutual consent of the Company and the Purchaser or upon the
determination that its duties hereunder are no longer permissible under
applicable law and such incapacity cannot be cured by the Company. Any
such
determination permitting the resignation of the Company shall be evidenced
by an
Opinion of Counsel to such effect delivered to the Purchaser which Opinion
of
Counsel shall be in form and substance acceptable to the Purchaser. No
such
resignation shall become effective until a successor shall have assumed
the
Company’s responsibilities and obligations hereunder in the manner provided in
Section 12.01.
Without
in any way limiting the generality of this Section 9.04, in the event that
the
Company either shall assign this Agreement or the servicing responsibilities
hereunder or delegate its duties hereunder or any portion thereof (to other
than
a Subservicer) or sell or otherwise dispose of all or substantially all
of its
property or assets, without the prior written consent of the Purchaser,
then the
Purchaser shall have the right to terminate this Agreement upon notice
given as
set forth in Section 10.01, without any payment of any penalty or damages
and
without any liability whatsoever to the Company or any third party.
ARTICLE
X
DEFAULT
Section
10.01
|
Events
of Default.
|
Each
of
the following shall constitute an Event of Default on the part of the
Company:
(i) any
failure by the Company to remit to the Purchaser any payment required to
be made
under the terms of this Agreement which continues unremedied for a period
of
three days after the date upon which written notice of such failure, requiring
the same to be remedied, shall have been given to the Company by the Purchaser;
or
(ii) failure
by the Company duly to observe or perform in any material respect any other
of
the covenants or agreements on the part of the Company set forth in this
Agreement which continues unremedied for a period of 30 days after the
date on
which written notice of such failure, requiring the same to be remedied,
shall
have been given to the Company by the Purchaser; or
(iii) failure
by the Company to maintain its license to do business in any jurisdiction
where
the Mortgage Property is located if such license is necessary for the Company
to
legally service the related Mortgage Loan; or
(iv) a
decree
or order of a court or agency or supervisory authority having jurisdiction
for
the appointment of a conservator or receiver or liquidator in any insolvency,
readjustment of debt, including bankruptcy, marshaling of assets and liabilities
or similar proceedings, or for the winding-up or liquidation of its affairs,
shall have been entered against the Company and such decree or order shall
have
remained in force undischarged or unstayed for a period of 60 days;
or
(v) the
Company shall consent to the appointment of a conservator or receiver or
liquidator in any insolvency, readjustment of debt, marshaling of assets
and
liabilities or similar proceedings of or relating to the Company or of
or
relating to all or substantially all of its property; or
(vi) the
Company shall admit in writing its inability to pay its debts generally
as they
become due, file a petition to take advantage of any applicable insolvency,
bankruptcy or reorganization statute, make an assignment for the benefit
of its
creditors, voluntarily suspend payment of its obligations or cease its
normal
business operations for three Business Days; or
(vii) the
Company ceases to meet the qualifications of a Xxxxxx Xxx lender or servicer;
or
(viii) the
Company fails to maintain a minimum net worth of $25,000,000; or
(ix) the
Company attempts to assign its right to servicing compensation hereunder
or the
Company attempts, without the consent of the Purchaser, to sell or otherwise
dispose of all or substantially all of its property or assets or to assign
this
Agreement or the servicing responsibilities hereunder or to delegate its
duties
hereunder or any portion thereof (to other than a Subservicer) in violation
of
Section 9.04.
In
each
and every such case, so long as an Event of Default shall not have been
remedied, in addition to whatsoever rights the Purchaser may have at law
or
equity to damages, including injunctive relief and specific performance,
the
Purchaser, by notice in writing to the Company, may terminate all the rights
and
obligations of the Company under this Agreement and in and to the Mortgage
Loans
and the proceeds thereof.
Upon
receipt by the Company of such written notice, all authority and power
of the
Company under this Agreement, whether with respect to the Mortgage Loans
or
otherwise, shall pass to and be vested in the successor appointed pursuant
to
Section 12.01. Upon written request from any Purchaser, the Company shall
prepare, execute and deliver to the successor entity designated by the
Purchaser
any and all documents and other instruments, place in such successor’s
possession all Mortgage Files, and do or cause to be done all other acts
or
things necessary or appropriate to effect the purposes of such notice of
termination, including but not limited to the transfer and endorsement
or
assignment of the Mortgage Loans and related documents, at the Company’s sole
expense. The Company shall cooperate with the Purchaser and such successor
in
effecting the termination of the Company’s responsibilities and rights
hereunder, including without limitation, the transfer to such successor
for
administration by it of all cash amounts which shall at the time be credited
by
the Company to the Custodial Account or Escrow Account or thereafter received
with respect to the Mortgage Loans.
Section
10.02
|
Waiver
of Defaults.
|
By
a
written notice, the Purchaser may waive any default by the Company in the
performance of its obligations hereunder and its consequences. Upon any
waiver
of a past default, such default shall cease to exist, and any Event of
Default
arising therefrom shall be deemed to have been remedied for every purpose
of
this Agreement. No such waiver shall extend to any subsequent or other
default
or impair any right consequent thereon except to the extent expressly so
waived.
ARTICLE
XI
TERMINATION
Section
11.01
|
Termination.
|
This
Agreement shall terminate upon either: (i) the later of the final payment
or
other liquidation (or any advance with respect thereto) of the last Mortgage
Loan or the disposition of any REO Property with respect to the last Mortgage
Loan and the remittance of all funds due hereunder; or (ii) mutual consent
of
the Company and the Purchaser in writing.
Section
11.02
|
Termination
Without Cause.
|
The
Purchaser may terminate, at its sole option, any rights the Company may
have
hereunder, without cause, as provided in this Section 11.02. Any such notice
of
termination shall be in writing and delivered to the Company by registered
mail
as provided in Section 12.05.
In
the
event the Purchaser terminates the Company without cause with respect to
some or
all of the Mortgage Loans, the Purchaser shall be required to pay to the
Company
a Termination Fee in an amount equal to 2.0% of the outstanding principal
balance of the terminated Mortgage Loans as of the date of such
termination.
ARTICLE
XII
MISCELLANEOUS
PROVISIONS
Section
12.01
|
Successor
to Company.
|
Prior
to
termination of the Company’s responsibilities and duties under this Agreement
pursuant to Sections 9.04, 10.01, 11.01 (ii) or pursuant to Section 11.02
after
the 90 day period has expired, the Purchaser shall, (i) succeed to and
assume
all of the Company’s responsibilities, rights, duties and obligations under this
Agreement, or (ii) appoint a successor having the characteristics set forth
in
clauses (i) through (iii) of Section 9.02 and which shall succeed to all
rights
and assume all of the responsibilities, duties and liabilities of the Company
under this Agreement prior to the termination of Company’s responsibilities,
duties and liabilities under this Agreement. In connection with such appointment
and assumption, the Purchaser may make such arrangements for the compensation
of
such successor out of payments on Mortgage Loans as it and such successor
shall
agree. In the event that the Company’s duties, responsibilities and liabilities
under this Agreement should be terminated pursuant to the aforementioned
sections, the Company shall discharge such duties and responsibilities
during
the period from the date it acquires knowledge of such termination until
the
effective date thereof with the same degree of diligence and prudence which
it
is obligated to exercise under this Agreement, and shall take no action
whatsoever that might impair or prejudice the rights or financial condition
of
its successor. The resignation or removal of the Company pursuant to the
aforementioned sections shall not become effective until a successor shall
be
appointed pursuant to this Section 12.01 and shall in no event relieve
the
Company of the representations and warranties made pursuant to Sections
3.01 and
3.02 and the remedies available to the Purchaser under Sections 3.03, 3.04,
3.05
and 3.07, it being understood and agreed that the provisions of such Sections
3.01, 3.02, 3.03, 3.04, 3.05 and 3.07 shall be applicable to the Company
notwithstanding any such sale, assignment, resignation or termination of
the
Company, or the termination of this Agreement.
Any
successor appointed as provided herein shall execute, acknowledge and deliver
to
the Company and to the Purchaser an instrument accepting such appointment,
wherein the successor shall make the representations and warranties set
forth in
Section 3.01, except for subsections (f), (h), (i) and (k) thereof, whereupon
such successor shall become fully vested with all the rights, powers, duties,
responsibilities, obligations and liabilities of the Company, with like
effect
as if originally named as a party to this Agreement. Any termination or
resignation of the Company or termination of this Agreement pursuant to
Section
9.04, 10.01, 11.01 or 11.02 shall not affect any claims that any Purchaser
may
have against the Company arising out of the Company’s actions or failure to act
prior to any such termination or resignation.
The
Company shall deliver promptly to the successor servicer the Funds in the
Custodial Account and Escrow Account and all Mortgage Files and related
documents and statements held by it hereunder and the Company shall account
for
all funds and shall execute and deliver such instruments and do such other
things as may reasonably be required to more fully and definitively vest
in the
successor all such rights, powers, duties, responsibilities, obligations
and
liabilities of the Company.
Upon
a
successor’s acceptance of appointment as such, the Company shall notify by mail
the Purchaser of such appointment in accordance with the procedures set
forth in
Section 12.05.
Section
12.02
|
Amendment.
|
This
Agreement may be amended from time to time by the Company and the Purchaser
by
written agreement signed by the Company and the Purchaser.
Section
12.03
|
Governing
Law.
|
This
Agreement shall be 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
12.04
|
Duration
of Agreement.
|
This
Agreement shall continue in existence and effect until terminated as herein
provided. This Agreement shall continue notwithstanding transfers of the
Mortgage Loans by the Purchaser.
Section
12.05
|
Notices.
|
All
demands, notices and communications 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, addressed as follows:
(i) if
to the
Company:
Countrywide
Home Loans, Inc.,
0000
Xxxx
Xxxxxxx
Xxxxxxxxx,
XX 00000
Attention:
Xxxxx Xxxxxxx
or
such
other address as may hereafter be furnished to the Purchaser in writing
by the
Company;
(ii) if
to
Purchaser:
EMC
Mortgage Corporation
Mac
Xxxxxx Xxxxx XX
000
Xxxxxx Xxxxx Xxxxx, Xxxxx
000
Xxxxxx,
Xxxxx 00000-0000
Attention: Xxxxxx
Xxxxx
Section
12.06
|
Severability
of Provisions.
|
If
any
one or more of the covenants, agreements, provisions or terms of this Agreement
shall be held invalid for any reason whatsoever, 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.
Section
12.07
|
Relationship
of Parties.
|
Nothing
herein contained shall be deemed or construed to create a partnership or
joint
venture between the parties hereto and the services of the Company shall
be
rendered as an independent contractor and not as agent for the
Purchaser.
Section
12.08
|
Execution;
Successors and Assigns.
|
This
Agreement may be executed in one or more counterparts and by the different
parties hereto on separate counterparts, each of which, when so executed,
shall
be deemed to be an original; such counterparts, together, shall constitute
one
and the same agreement. Subject to Section 8.04, this Agreement shall inure
to
the benefit of and be binding upon the Company and the Purchaser and their
respective successors and assigns.
Section
12.09
|
Recordation
of Assignments of Mortgage.
|
To
the
extent permitted by applicable law, each of the Assignments of Mortgage
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 Mortgaged Properties are situated, and in any other appropriate
public recording office or elsewhere, such recordation to be effected at
the
Company’s expense in the event recordation is either necessary under applicable
law or requested by the Purchaser at its sole option accordance with Section
14
of the Purchase Agreement.
Section
12.10
|
Assignment
by Purchaser.
|
The
Purchaser shall have the right, without the consent of the Company but
subject
to the limit set forth in Section 2.02 hereof, to assign, in whole or in
part,
its interest under this Agreement with respect to some or all of the Mortgage
Loans, and designate any person to exercise any rights of the Purchaser
hereunder, by executing an Assignment and Assumption Agreement substantially
in
the form of Exhibit G hereto. Upon such assignment of rights and
assumption of obligations, the assignee or designee shall accede to the
rights
and obligations hereunder of the Purchaser with respect to such Mortgage
Loans
and the Purchaser as assignor shall be released from all obligations hereunder
with respect to such Mortgage Loans from and after the date of such assignment
and assumption. All references to the Purchaser in this Agreement shall
be
deemed to include its assignee or designee.
Section
12.11
|
No
Personal Solicitation.
|
From
and
after the related Closing Date, the Company hereby agrees that it will
not take
any action or permit or cause any action to be taken by any of its agents
or
affiliates, or by any independent contractors or independent mortgage brokerage
companies on the Company’s behalf, to personally, by telephone or mail, solicit
the Mortgagor under any Mortgage Loan for the purpose of refinancing such
Mortgage Loan; provided, that the Company may solicit any Mortgagor for
whom the
Company has received a request for verification of mortgage, a request
for
demand for payoff, a mortgagor initiated written or verbal communication
indicating a desire to prepay the related Mortgage Loan, or the mortgagor
initiates a title search, provided further, it is understood and agreed
that
promotions undertaken by the Company or any of its affiliates which (i)
concern
optional insurance products or other additional projects, (ii) are directed
to
the general public at large, including, without limitation, mass mailings
based
on commercially acquired mailing lists, newspaper, radio and television
advertisements, (iii) are directed to mortgagors who have a specific type
of
mortgage (i.e., balloon Mortgage Loans, LIBOR Mortgage Loans, etc.) or
(iv)
directed to those mortgagors whose mortgages fall within specific interest
rate
ranges shall not constitute solicitation under this Section 12.11 nor is
the
Company prohibited from responding to unsolicited requests or inquiries
made by
a Mortgagor or an agent of a Mortgagor. Notwithstanding the
foregoing, the following solicitations, if undertaken by the Company or
any
affiliate of the Company, shall not be prohibited under this Section 12.11:
(i)
solicitations that are directed to the general public at large, including,
without limitation, mass mailings based on commercially acquired mailing
lists
and newspaper, radio, television and other mass media advertisements; (ii)
borrower messages included on, and statement inserts provided with, the
monthly
statements sent to Mortgagors; provided, however, that similar messages
and
inserts are sent to the borrowers of other mortgage loans serviced by the
Company.
IN
WITNESS WHEREOF, the Company and the Purchaser have caused their names
to be signed hereto by their respective officers thereunto duly authorized
as of
the day and year first above written.
EMC MORTGAGE
CORPORATION
|
|||
|
By:
|
||
Name:
|
Xxxxxx
Xxxxx
|
||
Title: | President | ||
COUNTRYWIDE
HOME LOANS, INC.
|
|||
|
By:
|
||
Name:
|
|
||
Title:
|
|||
STATE OF NEW YORK | ) | |
) | ss.: | |
COUNTY OF __________ | ) |
On
the __
day of ________, 200_ before me, a Notary Public in and for said State,
personally appeared ________, known to me to be Vice President of EMC Mortgage
Corporation, the federal savings association 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 affixed my office seal the
day and
year in this certificate first above written.
|
|
|
Notary Public | ||
My Commission expires | ||
STATE OF | ) | |
) | ss.: | |
COUNTY OF __________ | ) |
On
the __
day of _______, 200_ before me, a Notary Public in and for said State,
personally appeared __________, known to me to be ______________ of Countrywide
Home Loans, Inc. the corporation 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 affixed my office seal the
day and
year in this certificate first above written.
|
|
|
Notary Public | ||
My Commission expires | ||
EXHIBIT
A
MORTGAGE
LOAN SCHEDULE
EXHIBIT
B
CONTENTS
OF EACH MORTGAGE FILE
With
respect to each Mortgage Loan, the Mortgage File shall include each of
the
following items, which shall be available for inspection by the Purchaser
and
any prospective Purchaser, and which shall be retained by the Company in
the
Servicing File or delivered to the Custodian pursuant to Section 2.01 and
2.03
of the Seller’s Warranties and Servicing Agreement to which this Exhibit is
attached (the “Agreement”):
1.
|
The
original Mortgage Note bearing all intervening endorsements,
endorsed “Pay
to the order of _________ without recourse” and signed in the name of the
Company by an authorized officer (in the event that the Mortgage
Loan was
acquired by the Company in a merger, the signature must be in
the
following form: “Countrywide Home Loans, Inc., successor by merger to
[name of predecessor]”; and in the event that the Mortgage Loan was
acquired or originated by the Company while doing business under
another
name, the signature must be in the following form: “Countrywide Home
Loans, Inc., formerly known as [previous
name]”).
|
2.
|
The
original of any guarantee executed in connection with the Mortgage
Note
(if any).
|
3.
|
The
original Mortgage, with evidence of recording thereon. If in
connection
with any Mortgage Loan, the Company cannot deliver or cause to
be
delivered the original Mortgage with evidence of recording thereon
on or
prior to the related Closing Date because of a delay caused by
the public
recording office where such Mortgage has been delivered for recordation
or
because such Mortgage has been lost or because such public recording
office retains the original recorded Mortgage, the Company shall
deliver
or cause to be delivered to the Custodian, a photocopy of such
Mortgage,
together with (i) in the case of a delay caused by the public
recording
office, an Officer’s Certificate of the Company stating that such Mortgage
has been dispatched to the appropriate public recording office
for
recordation and that the original recorded Mortgage or a copy
of such
Mortgage certified by such public recording office to be a true
and
complete copy of the original recorded Mortgage will be promptly
delivered
to the Custodian upon receipt thereof by the Company; or (ii)
in the case
of a Mortgage where a public recording office retains the original
recorded Mortgage or in the case where a Mortgage is lost after
recordation in a public recording office, a copy of such Mortgage
certified by such public recording office or by the title insurance
company that issued the title policy to be a true and complete
copy of the
original recorded Mortgage.
|
4.
|
The
originals of all assumption, modification, consolidation or extension
agreements, with evidence of recording
thereon.
|
5.
|
The
original Assignment of Mortgage for each Mortgage Loan, in form
and
substance acceptable for recording, delivered in blank. If the
Mortgage
Loan was acquired by the Company in a merger, the Assignment
of Mortgage
must be made by “Countrywide Home Loans, Inc., successor by merger to
[name of predecessor].” If the Mortgage Loan was acquired or
originated by the Company while doing business under another
name, the
Assignment of Mortgage must be by “Countrywide Home Loans, Inc., formerly
known as [previous name].”
|
6.
|
Originals
of all intervening assignments of the Mortgage with evidence
of recording
thereon, or if any such intervening assignment has not been returned
from
the applicable recording office or has been lost or if such public
recording office retains the original recorded assignments of
mortgage,
the Company shall deliver or cause to be delivered to the Custodian,
a
photocopy of such intervening assignment, together with (i) in
the case of
a delay caused by the public recording office, an Officer’s Certificate of
the Company stating that such intervening assignment of mortgage
has been
dispatched to the appropriate public recording office for recordation
and
that such original recorded intervening assignment of mortgage
or a copy
of such intervening assignment of mortgage certified by the appropriate
public recording office or by the title insurance company that
issued the
title policy to be a true and complete copy of the original recorded
intervening assignment of mortgage will be promptly delivered
to the
Custodian upon receipt thereof by the Company; or (ii) in the
case of an
intervening assignment where a public recording office retains
the
original recorded intervening assignment or in the case where
an
intervening assignment is lost after recordation in a public
recording
office, a copy of such intervening assignment certified by such
public
recording office to be a true and complete copy of the original
recorded
intervening assignment.
|
7.
|
The
original mortgagee policy of title insurance or attorney’s opinion of
title and abstract of title.
|
8.
|
Any
security agreement, chattel mortgage or equivalent executed in
connection
with the Mortgage.
|
9.
|
The
original hazard insurance policy and, if required by law, flood
insurance
policy, in accordance with Section 4.10 of the
Agreement.
|
10.
|
Residential
loan application.
|
11.
|
Mortgage
Loan closing statement.
|
12.
|
Verification
of employment and income.
|
13.
|
Verification
of acceptable evidence of source and amount of
downpayment.
|
14.
|
Credit
report on the Mortgagor.
|
15.
|
Residential
appraisal report.
|
16.
|
Photograph
of the Mortgaged Property.
|
17.
|
Survey
of the Mortgaged Property.
|
18.
|
Copy
of each instrument necessary to complete identification of any
exception
set forth in the exception schedule in the title policy, i.e.,
map or
plat, restrictions, easements, sewer agreements, home association
declarations, etc.
|
19.
|
All
required disclosure statements.
|
20.
|
If
available, termite report, structural engineer’s report, water potability
and septic certification.
|
21.
|
Sales
contract.
|
22.
|
Tax
receipts, insurance premium receipts, ledger sheets, payment
history from
date of origination, insurance claim files, correspondence, current
and
historical computerized data files, and all other processing,
underwriting
and closing papers and records which are customarily contained
in a
mortgage loan file and which are required to document the Mortgage
Loan or
to service the Mortgage Loan.
|
In
the
event an Officer’s Certificate of the Company is delivered to the Custodian
because of a delay caused by the public recording office in returning any
recorded document, the Company shall deliver to the Custodian, within 180
days
of the related Closing Date, an Officer’s Certificate which shall (i) identify
the recorded document, (ii) state that the recorded document has not been
delivered to the Custodian due solely to a delay caused by the public recording
office, (iii) state the amount of time generally required by the applicable
recording office to record and return a document submitted for recordation,
and
(iv) specify the date the applicable recorded document will be delivered
to the
Custodian. The Company shall be required to deliver to the Custodian the
applicable recorded document by the date specified in (iv) above. An extension
of the date specified in (iv) above may be requested from the Purchaser,
which
consent shall not be unreasonably withheld.
EXHIBIT
C
MORTGAGE
LOAN DOCUMENTS
The
Mortgage Loan Documents for each Mortgage Loan shall include each of the
following items, which shall be delivered to the Custodian pursuant to
Section
2.01 of the Seller’s Warranties and Servicing Agreement to which this Exhibit is
annexed (the “Agreement”):
(a) the
original Mortgage Note bearing all intervening endorsements, endorsed “Pay to
the order of ___________, without recourse” and signed in the name of the
Company by an authorized officer. To the extent that there is no room on
the
face of the Mortgage Note for endorsements, the endorsement may be contained
on
an allonge, if state law so allows. If the Mortgage Loan was acquired by
the
Company in a merger, the endorsement must be by “Countrywide Home Loans, Inc.,
successor by merger to [name of predecessor].” If the Mortgage Loan
was acquired or originated by the Company while doing business under another
name, the endorsement must be by “Countrywide Home Loans, Inc., formerly known
as [previous name]”;
(b) the
original of any guarantee executed in connection with the Mortgage
Note;
(c) the
original Mortgage with evidence of recording thereon, and the original
recorded
power of attorney, if the Mortgage was executed pursuant to a power of
attorney,
with evidence of recording thereon;
(d) the
originals of all assumption, modification, consolidation or extension
agreements, with evidence of recording thereon;
(e) the
original Assignment of Mortgage for each Mortgage Loan, in form and substance
acceptable for recording, delivered in blank, or the original Assignment
of
Mortgage in recordable form into MERS. If the Mortgage Loan was acquired
by the
Company in a merger, the Assignment of Mortgage must be made by “Countrywide
Home Loans, Inc., successor by merger to [name of predecessor].” If
the Mortgage Loan was acquired or originated by the Company while doing
business
under another name, the Assignment of Mortgage must be by “Countrywide Home
Loans, Inc., formerly known as [previous name];”
(f) the
originals of all intervening assignments of mortgage with evidence of recording
thereon, including warehousing assignments, if any;
(g) the
original mortgagee title insurance policy;
(h) such
other documents as the Purchaser may require.
EXHIBIT
D-1
CUSTODIAL
ACCOUNT CERTIFICATION
_____________________,
200_
Countrywide
Home Loans, Inc. hereby certifies that it has established the account described
below as a Custodial Account pursuant to Section 4.04 of the Seller’s Warranties
and Servicing Agreement, dated as of September 1, 2002, Residential Adjustable
Rate Mortgage Loans.
Title
of
Account: Countrywide
Home Loans, Inc. in trust for the Purchaser
Account
Number: _______________
Address
of office or branch
of
the
Company at
which Account is maintained: | |
|
|
|
|
|
|
Countrywide
Home Loans, Inc.
|
||
Company | ||
By: | ||
Name: | ||
Title: |
EXHIBIT
D-2
CUSTODIAL
ACCOUNT LETTER AGREEMENT
_________________,
200_
To:
|
||
|
||
|
||
(the
“Depository”)
|
As
Company under the Seller’s Warranties and Servicing Agreement, dated as of
September 1, 2002, Residential Adjustable Rate Mortgage Loans (the “Agreement”),
we hereby authorize and request you to establish an account, as a Custodial
Account pursuant to Section 4.04 of the Agreement, to be designated as
“[Servicer] in trust for the Purchaser - Residential Adjustable Rate Mortgage
Loans.” All deposits in the account shall be subject to withdrawal
therefrom by order signed by the Company. You may refuse any deposit which
would
result in violation of the requirement that the account be fully insured
as
described below. This letter is submitted to you in duplicate. Please execute
and return one original to us.
[COUNTRYWIDE
HOME LOANS, INC.]
|
||
By: | ||
Name: | ||
Title: | ||
Date: |
The
undersigned, as Depository, hereby certifies that the above described account
has been established under Account Number __________, at the office of
the
Depository indicated above, and agrees to honor withdrawals on such account
as
provided above. The full amount deposited at any time in the account will
be
insured by the Federal Deposit Insurance Corporation through the Bank Insurance
Fund (“BIF”) or the Savings Association Insurance Fund (“SAIF”).
Depository
|
||
By: | ||
Name: | ||
Title: | ||
Date: |
EXHIBIT
E-1
ESCROW
ACCOUNT CERTIFICATION
__________________,
200_
Countrywide
Home Loans, Inc. hereby certifies that it has established the account described
below as an Escrow Account pursuant to Section 4.06 of the Seller’s Warranties
and Servicing Agreement, dated as of September 1, 2002, Residential Adjustable
Rate Mortgage Loans.
Title
of
Account:
“Countrywide Home Loans, Inc. in trust for the Purchaser and various
Mortgagors.”
Account
Number: _______________
Address
of office or branch
of
the
Company at
which
Account is maintained:
|
||
[COUNTRYWIDE
HOME LOANS, INC.]
|
||
By: | ||
Name: | ||
Title: |
EXHIBIT
E-2
ESCROW
ACCOUNT LETTER AGREEMENT
___________________,
200_
To:
|
||
(the
“Depository”)
|
As
Company under the Seller’s Warranties and Servicing Agreement, dated as of
September 1, 2002 Residential Adjustable Rate Mortgage Loans (the “Agreement”),
we hereby authorize and request you to establish an account, as an Escrow
Account pursuant to Section 4.07 of the Agreement, to be designated as
“[Servicer], in trust for the Purchaser - Residential Adjustable Rate Mortgage
Loans.” All deposits in the account shall be subject to withdrawal
therefrom by order signed by the Company. You may refuse any deposit which
would
result in violation of the requirement that the account be fully insured
as
described below. This letter is submitted to you in duplicate. Please execute
and return one original to us.
[COUNTRYWIDE
HOME LOANS, INC.]
|
||
By: | ||
Name: | ||
Title: | ||
Date: |
The
undersigned, as Depository, hereby certifies that the above described account
has been established under Account Number ______, at the office of the
Depository indicated above, and agrees to honor withdrawals on such account
as
provided above. The full amount deposited at any time in the account will
be
insured by the Federal Deposit Insurance Corporation through the Bank Insurance
Fund (“BIF”) or the Savings Association Insurance Fund (“SAIF”).
Depository
|
||
By: | ||
Name: | ||
Title: | ||
Date: |
EXHIBIT
F
MONTHLY
REMITTANCE ADVICE
EXHIBIT
G
ASSIGNMENT
AND ASSUMPTION
_________________,
200_
ASSIGNMENT
AND ASSUMPTION, dated __________, between __________________________________,
a
___________________ corporation having an office at __________________
(“Assignor”) and _________________________________, a __________________
corporation having an office at __________________ (“Assignee”):
For
and
in consideration of the sum of TEN DOLLARS ($10.00) and other valuable
consideration the receipt and sufficiency of which hereby are acknowledged,
and
of the mutual covenants herein contained, the parties hereto hereby agree
as
follows:
1. The
Assignor hereby grants, transfers and assigns to Assignee all of the right,
title and interest of Assignor, as purchaser, in, to and under that certain
Seller’s Warranties and Servicing Agreement, Residential Adjustable Rate
Mortgage Loans (the “Seller’s Warranties and Servicing Agreement”), dated as of
September 1, 2002, by and between EMC Mortgage Corporation (the “Purchaser”),
and Countrywide Home Loans, Inc. (the “Company”), and the Mortgage Loans
delivered thereunder by the Company to the Assignor.
2. The
Assignor warrants and represents to, and covenants with, the Assignee
that:
a. The
Assignor is the lawful owner of the Mortgage Loans with the full right
to
transfer the Mortgage Loans free from any and all claims and encumbrances
whatsoever;
b. The
Assignor has not received notice of, and has no knowledge of, any offsets,
counterclaims or other defenses available to the Company with respect to
the
Seller’s Warranties and Servicing Agreement or the Mortgage Loans;
c. The
Assignor has not waived or agreed to any waiver under, or agreed to any
amendment or other modification of, the Seller’s Warranties and Servicing
Agreement, the Custodial Agreement or the Mortgage Loans, including without
limitation the transfer of the servicing obligations under the Seller’s
Warranties and Servicing Agreement. The Assignor has no knowledge of, and
has
not received notice of, any waivers under or amendments or other modifications
of, or assignments of rights or obligations under, the Seller’s Warranties and
Servicing Agreement or the Mortgage Loans; and
d. Neither
the Assignor nor anyone acting on its behalf has offered, transferred,
pledged,
sold or otherwise disposed of the Mortgage Loans, any interest in the Mortgage
Loans or any other similar security to, or solicited any offer to buy or
accept
a transfer, pledge or other disposition of the Mortgage Loans, any interest
in
the Mortgage Loans or any other similar security from, or otherwise approached
or negotiated with respect to the Mortgage Loans, any interest in the Mortgage
Loans or any other similar security with, any person in any manner, or
made any
general solicitation by means of general advertising or in any other manner,
or
taken any other action which would constitute a distribution of the Mortgage
Loans under the Securities Act of 1933 (the “33 Act”) or which would render the
disposition of the Mortgage Loans a violation of Section 5 of the 33 Act
or
require registration pursuant thereto.
3. The
Assignee warrants and represents to, and covenants with, the Assignor and
the
Company that:
a. The
Assignee agrees to be bound, as Purchaser, by all of the terms, covenants
and
conditions of the Seller’s Warranties and Servicing Agreement, the Mortgage
Loans and the Custodial Agreement, and from and after the date hereof,
the
Assignee assumes for the benefit of each of the Company and the Assignor
all of
the Assignor’s obligations as Purchaser thereunder;
b. The
Assignee understands that the Mortgage Loans have not been registered under
the
33 Act or the securities laws of any state;
c. The
purchase price being paid by the Assignee for the Mortgage Loans are in
excess
of $250,000 and will be paid by cash remittance of the full purchase price
within 60 days of the sale;
d. The
Assignee is acquiring the Mortgage Loans for investment for its own account
only
and not for any other person. In this connection, neither the Assignee
nor any
Person authorized to act therefor has offered the Mortgage Loans by means
of any
general advertising or general solicitation within the meaning of Rule
502(c) of
U.S. Securities and Exchange Commission Regulation D, promulgated under
the 1933
Act;
e. The
Assignee considers itself a substantial, sophisticated institutional investor
having such knowledge and experience in financial and business matters
that it
is capable of evaluating the merits and risks of investment in the Mortgage
Loans;
f. The
Assignee has been furnished with all information regarding the Mortgage
Loans that it has requested from the Assignor or the Company;
g. Neither
the Assignee nor anyone acting on its behalf has offered, transferred,
pledged,
sold or otherwise disposed of the Mortgage Loans, any interest in the Mortgage
Loans or any other similar security to, or solicited any offer to buy or
accept
a transfer, pledge or other disposition of the Mortgage Loans, any interest
in
the Mortgage Loans or any other similar security from, or otherwise approached
or negotiated with respect to the Mortgage Loans, any interest in the Mortgage
Loans or any other similar security with, any person in any manner which
would
constitute a distribution of the Mortgage Loans under the 33 Act or which
would
render the disposition of the Mortgage Loans a violation of Section 5 of
the 33
Act or require registration pursuant thereto, nor will it act, nor has
it
authorized or will it authorize any person to act, in such manner with
respect
to the Mortgage Loans; and
h. Either:
(1) the Assignee is not an employee benefit plan (“Plan”) within the meaning of
section 3(3) of the Employee Retirement Income Security Act of 1974, as
amended
(“ERISA”) or a plan (also “Plan”) within the meaning of section 4975(e)(1) of
the Internal Revenue Code of 1986 (“Code”), and the Assignee is not directly or
indirectly purchasing the Mortgage Loans on behalf of, investment manager
of, as
named fiduciary of, as Trustee of, or with assets of, a Plan; or (2) the
Assignee’s purchase of the Mortgage Loans will not result in a prohibited
transaction under section 406 of ERISA or section 4975 of the Code.
i. The
Assignee’s address for purposes of all notices and correspondence related to the
Mortgage Loans and the Seller’s Warranties and Servicing Agreement
is:
|
||
Attention: |
The
Assignee’s wire transfer instructions for purposes of all remittances and
payments related to the Mortgage Loans and the Seller’s Warranties and Servicing
Agreement are:
|
||
IN
WITNESS WHEREOF, the parties have caused this Assignment and Assumption
to be
executed by their duly authorized officers as of the date first above
written.
Assignor
|
Assignee
|
|||
By: | By: | |||
Its: | Its: |
EXHIBIT
H
UNDERWRITING
UIDELINES
EXHIBIT
I
ACKNOWLEDGMENT
AGREEMENT
On
this
____ day of ____________, 200_, EMC Mortgage Corporation, (the “Purchaser”) as
the Purchaser under that certain Seller’s Warranties and Servicing Agreement
dated as of September 1, 2002, (the “Agreement”), does hereby contract with
Countrywide Home Loans Inc. (the “Company”) as Company under the Agreement, for
the servicing responsibilities related to the Mortgage Loans listed on
the
related Mortgage Loan Schedule attached hereto. The Company hereby accepts
the
servicing responsibilities transferred hereby and on the date hereof assumes
all
servicing responsibilities related to the Mortgage Loans identified on
the
related Mortgage Loan Schedule all in accordance with the Agreement. The
contents of each Servicing File required to be delivered to service the
Mortgage
Loans pursuant to the Agreement have been or shall be delivered to the
Company
by the Purchaser in accordance with the terms of the Agreement.
With
respect to the Mortgage Loans made subject to the Agreement hereby, the
related
Closing Date shall be ___________________.
All
other
terms and conditions of this transaction shall be governed by the
Agreement.
Capitalized
terms used herein and not otherwise defined shall have the meanings set
forth in
the Agreement.
This
Acknowledgment Agreement may be executed simultaneously in any number of
counterparts. Each counterpart shall be deemed to be an original, and all
such
counterparts shall constitute one and the same instrument.
IN
WITNESS WHEREOF, the Purchaser and the Company have caused their names
to be
signed hereto by their respective officers thereunto duly authorized as
of the
day and year first above written.
PURCHASER:
EMC MORTGAGE CORPORATION
|
|||
|
By:
|
||
Name: | |||
Title: | |||
SELLER:
COUNTRYWIDE
HOME LOANS, INC.
|
|||
|
By:
|
||
Name: | |||
Title: | |||
AMENDMENT
NUMBER ONE
to
the
SELLER’S
WARRANTIES AND SERVICING AGREEMENT
dated
as
of September 1,
2002
by
and
between
COUNTRYWIDE
HOME LOANS, INC.
Company,
and
EMC
MORTGAGE CORPORATION
Purchaser
This
AMENDMENT NUMBER ONE is made this 1st day of January, 2003, by and between
COUNTRYWIDE HOME LOANS, INC., having an address at 0000 Xxxx Xxxxxxx, Xxxxxxxxx,
Xxxxxxxxxx 00000 (the “Company”) and EMC MORTGAGE CORPORATION, having an address
at Mac Xxxxxx Xxxxx XX, 000 Xxxxxx Xxxxx Xxxxx, Xxxxx 000, Xxxxxx, Xxxxx
00000-0000(xxx “Purchaser”), to the Seller’s Warranties and Servicing Agreement,
dated as of September 1,2002, by and between the Company and the Purchaser
(the
“Agreement”).
RECITALS
WHEREAS,
the Company and the Purchaser have agreed to amend the Agreement as set
forth
herein.
NOW
THEREFORE, for good and valuable consideration, the receipt and sufficiency
of
which are hereby acknowledged, and for the mutual covenants herein contained,
the parties hereto hereby agree as follows:
SECTION
1. Amendments.
Effective as of January 1, 2003, the Agreement is hereby modified by making
the
following additions, deletions or modifications:
A) |
All
references to “Residential Adjustable Rate Mortgage Loans” are hereby
deleted in their entirety and replaced with “Residential Fixed and
Adjustable Rate Mortgage Loans” in the following sections: (i) the cover
page, (ii) Section 4.04, (iii) Section 4.06, (iv) Exhibit D-1,
(v) Exhibit
D-2, (vi) Exhibit E-1, (vii) Exhibit E-2, and (viii) Exhibit
G.
|
B) |
The
references to “adjustable rate” are hereby deleted and replaced with
“fixed and adjustable rate” in the following sections: (i) the
introductory sentence of the Agreement, and (ii) Section
3.01(i).
|
C) |
The
definition of “Convertible Mortgage Loan” is hereby deleted in its
entirety.
|
D) |
The
definition of “5/1 ARM Mortgage Loan” is hereby deleted in its
entirety.
|
E) |
The
definition of “Gross Margin” is hereby modified by deleting it in its
entirety and replacing it with the
following:
|
Gross
Margin:
With
respect to each adjustable rate Mortgage Loan, the fixed percentage amount
set
forth on the related Mortgage Note, which amount is added to the Index
in
accordance with the terms of the related Mortgage Note to determine on
each
Interest Rate Adjustment Date, the Mortgage Interest Rate for such Mortgage
Loan.
F) |
The
definition of “Index” is hereby modified by deleting it in its entirety
and replacing it with the
following:
|
Index:
With
respect to any adjustable rate Mortgage Loan, the index identified on the
related Mortgage Loan Schedule and set forth in the related Mortgage Note
for
the purpose of calculating the Mortgage Interest Rate thereon.
G) |
The
definition of “Initial Rate Cap” is hereby modified by deleting it in its
entirety and replacing it with the
following:
|
Initial
Rate Cap:
With
respect to each adjustable rate Mortgage Loan and the initial Interest
Rate
Adjustment Date therefor, a number of percentage points per annum that
is set
forth in the related Mortgage Loan Schedule and in the related Mortgage
Note,
which is the maximum amount by which the Mortgage Interest Rate for such
adjustable rate Mortgage Loan may increase or decrease from the Mortgage
Interest Rate in effect immediately prior to such Interest Rate Adjustment
Date.
H) |
The
definition of “LIBOR Mortgage Loan” is hereby deleted in its
entirety.
|
I) |
The
definition of “Lifetime Mortgage Interest Rate Cap” is hereby modified by
deleting it in its entirety and replacing it with the
following:
|
Lifetime
Mortgage Interest Rate Cap:
With
respect to each adjustable rate Mortgage Loan, the absolute maximum Mortgage
Interest Rate payable, above which the Mortgage Interest Rate cannot be
adjusted.
J) |
The
definition of “Mortgage Interest Rate” is hereby modified by deleting it
in its entirety and replacing it with the
following:
|
Mortgage
Interest Rate:
The
annual rate at which Interest accrues on any Mortgage Loan, and with respect
to
adjustable rate Mortgage Loans, the annual rate at which Interest accrues
as
adjusted from time to time in accordance with the provisions of the related
Mortgage Note and in compliance with the related Initial Rate Cap, Lifetime
Mortgage Interest Rate Cap and Periodic Rate Cap, if any, of the related
Mortgage Note.
K) |
The
definition of “Mortgage Loan” is hereby modified by deleting it in its
entirety and replacing it with the
following:
|
Mortgage
Loan:
An
individual fixed or adjustable rate Mortgage Loan which is the subject
of this
Agreement, each Mortgage Loan originally sold and subject to this Agreement
being identified on the Mortgage Loan Schedule, which Mortgage Loan includes
without limitation the Mortgage File, the Monthly Payments, Principal
Prepayments, Liquidation Proceeds, condemnation proceeds, Insurance Proceeds,
REO disposition proceeds, and all other rights, benefits, proceeds and
obligations arising from or in connection with such Mortgage Loan.
L) |
The
definition of “Non-Convertible Mortgage Loan” is hereby deleted in its
entirety.
|
M) |
The
definition of “Servicing Fee Rate” is hereby modified by deleting it in
its entirety and replacing it with the
following:
|
Servicing
Fee Rate:
(i)
0.25% per annum with respect to fixed rate Mortgage Loans and certain adjustable
rate Mortgage Loans as specified on the Mortgage Loan Schedule, (ii) 0.375%
per
annum with respect to certain adjustable rate Mortgage Loans as specified
on the
Mortgage Loan Schedule, and (iii) 0.25% with respect to certain adjustable
rate
Mortgage Loans for the period prior to the initial Interest Rate Adjustment
Date
and 0.375% for the period following the initial Interest Rate Adjustment
Date as
specified in the Mortgage Loan Schedule.
N) |
The
definition of “7/1 ARM Mortgage Loan” is hereby deleted in its
entirety.
|
O) |
The
definition of “10/1 ARM Mortgage Loan” is hereby deleted in its
entirety.
|
P) |
The
definition of “3/1 ARM Mortgage Loan” is hereby deleted in its
entirety.
|
Q) |
The
definition of “Treasury Rate Mortgage Loan” is hereby deleted in its
entirety.
|
R) |
Section
3.01(c) is hereby modified by deleting the subpart in its entirety
and
replacing it with the following:
|
(c)
|
No
Conflicts; No Default.
Neither the execution and delivery of this Agreement, the acquisition
of
the Mortgage Loans by the Company, the sale of the Mortgage Loans
to the
Purchaser or the transactions contemplated hereby, nor the fulfillment
of
or compliance with the terms and conditions of this Agreement,
will
conflict with or result in a breach of any of the terms, conditions
or
provisions of the Company’s charter or by-laws or any legal restriction or
any agreement or instrument to which the Company is now a party
or by
which it is bound, or constitute a default or result in an acceleration
under any of the foregoing, or result in the violation of any
law, rule,
regulation, order, judgment or decree to which the Company or
its property
is subject, or impair the ability of the Purchaser to realize
on the
Mortgage Loans, or impair the value of the Mortgage Loans. The
Company is
not in default, and has received no notice of default, under
this
Agreement;
|
S) |
Section
3.01(d) is hereby modified by deleting the subpart in its entirety
and
replacing it with the following:
|
(d)
|
Ability
to Service.
The Company is an approved seller/servicer of conventional residential
mortgage loans for the United States Department of Housing and
Urban
Development (“HUD”), Xxxxxx Xxx, Xxxxxxx Mac, or any successor thereto,
with the facilities, procedures, and experienced personnel necessary
for
the sound servicing of mortgage loans of the same type as the
Mortgage
Loans. The Company is in good standing to sell mortgage loans
to and
service mortgage loans for HUD, Xxxxxx Mae or Xxxxxxx Mac, and
no event
has occurred, including but not limited to a change in insurance
coverage,
which would make the Company unable to comply with HUD, Xxxxxx
Mae or
Xxxxxxx Mac eligibility requirements or which would require notification
to either HUD, Xxxxxx Mae or Xxxxxxx
Mac;
|
T) |
The
following shall be inserted as the last sentence of Section
3.02(f):
|
“To
the
best of Company’s knowledge, the Mortgaged Property is free of material damage
;”
U) |
The
first sentence of Section 3.02(k) is hereby modified by deleting
the
sentence in its entirety and replacing it with the
following:
|
(k)
|
Validity
of Mortgage Documents.
The Mortgage Note and the Mortgage are genuine, on forms generally
acceptable to Xxxxxx Mae and Xxxxxxx Mac, and each is the legal,
valid and
binding obligation of the maker thereof enforceable in accordance
with its
terms.
|
V) |
The
following shall be inserted as the last sentence of Section
3.02(m):
|
“Upon
recordation of the Mortgage Note, Purchaser or its designee will be the
owner of
record of the Mortgage and the indebtedness evidenced by the Mortgage Note.
Upon
the sale of the Mortgage Loans, Purchaser will own such Mortgage Loans
free and
clear of any encumbrance, equity, participation interest, pledge, change,
claim
or security interest.”
W) |
Section
3.02(t) is hereby modified by deleting the subpart in its entirety
and
replacing it with the following:
|
(t)
|
Origination;
Payment Terms.
The Mortgage Loan was originated by either i) the Company, which
is a
FNMA-approved, FHLMC-approved and HUD-approved mortgage banker,
or ii) an
entity that is a FNMA-approved, FHLMC-approved and HUD-approved
mortgage
banker, or a savings and loan association, a savings bank, a
commercial
bank or similar banking institution which is supervised and examined
by a
Federal or state authority. The Mortgage Interest Rate for an
adjustable
rate Mortgage Loan is adjusted as set forth in the related Mortgage
Note.
The Mortgage Note is payable each month in monthly installments
of
principal and interest, with interest in arrears, and requires
Monthly
Payments sufficient to amortize the original principal balance
of the
Mortgage Loan over a term of no more than 30 years. Each convertible
Mortgage Loan contains a provision whereby the Mortgagor is permitted
to
convert the Mortgage Loan to a fixed-rate mortgage loan. No Mortgage
Loan
has a provision for negative
amortization;
|
X) |
Section
3.05 is hereby modified by deleting the section in its entirety
and
replacing it with the following:
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Section
3.05 Repurchase
Upon Conversion.
In
the
event the Mortgagor under any convertible Mortgage Loan elects to convert
said
Mortgage Loan to a fixed rate mortgage loan, as provided in the related
Mortgage
Note, then the Company shall repurchase the related Mortgage Loan in the
month
the conversion takes place and in the manner prescribed in Section 3.04
at the
Repurchase Price.
Y) |
The
following shall be inserted as the last sentence of Section
9.01:
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“All
indemnification provisions of this Agreement, including but not limited
to those
set forth in this Section 9.01, shall survive the termination of this
Agreement.”
SECTION
2. Defined
Terms.
Any
terms capitalized but not otherwise defined herein shall have the respective
meanings set forth in the Agreement.
SECTION
3. Governing
Law.
THIS
AMENDMENT NUMBER ONE SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF
THE STATE
OF NEW YORK (INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS
LAW)
AND THE OBLIGATIONS, RIGHTS, AND REMEDIES OF THE PARTIES HEREUNDER SHALL
BE
DETERMINED IN ACCORDANCE WITH SUCH LAWS WITHOUT REGARD TO CONFLICT OF LAWS
DOCTRINE APPLIED IN SUCH STATE (OTHER THAN SECTION 5-1401 OF THE NEW YORK
GENERAL OBLIGATIONS LAW).
SECTION
4. Counterparts.
This
Amendment Number One may be executed by each of the parties hereto on any
number
of separate counterparts, each of which shall be an original and all of
which
taken together shall constitute one and the same instrument.
SECTION
5. Limited
Effect.
Except
as amended hereby, the Agreement shall continue in full force and effect
in
accordance with its terms. Reference to this Amendment Number One need
not be
made in the Agreement or any other instrument or document executed in connection
therewith, or in any certificate, letter or communication issued or made
pursuant to, or with respect to, the Agreement, any reference in any of
such
items to the Agreement being sufficient to refer to the Agreement as amended
hereby.
[SIGNATURE
PAGE FOLLOWS]
IN
WITNESS WHEREOF, the Company and the Purchaser have caused this Amendment
Number
One to be executed and delivered by their duly authorized officers as of
the day
and year first above written.
COUNTRYWIDE HOME LOANS, INC. | ||
(Company) | ||
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By: | ||
Name:
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Title: |
EMC MORTGAGE CORPORATION | ||
(Purchaser) | ||
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By: | ||
Name:
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Title: |
This
AMENDMENT No. 2 (the “Amendment”) is made this 1st
day of
September, 2004, by and between EMC Mortgage Corporation (the “Purchaser”) and
Countrywide Home Loans, Inc. (the “Company”), to the Seller’s Warranties and
Servicing Agreement dated as of September 1, 2002 (the “SWS Agreement”), by and
between the Purchaser and the Company.
WHEREAS,
the Purchaser and the Company desire to amend the SWS Agreement as set
forth
herein.
NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency
of
which are hereby acknowledged, the parties hereto hereby agrees as
follows:
SECTION
1. Defined
Terms.
Unless
otherwise amended by the terms of this Amendment, terms used in this
Amendment
shall have the meanings assigned in the SWS Agreement.
SECTION
2. Amendment.
Effective as of September 1, 2004 the SWS Agreement is hereby amended
as
follows:
(a) The
following definition of Qualified Depository is modified by adding the
word
“fully” to it and now reads as follows:
Qualified
Depository:
A
depository the accounts of which are fully insured by the FDIC through
BIF or
SAIF or the debt obligations of which are rated AA (or the equivalent
rating
category) or better by a national recognized statistical rating
organization.
(b) The
following definition is added to Article I of the SWS Agreement:
Master
Servicer:
Xxxxx
Fargo Bank, National Association, or its successors in interest.
(c) The
definition of Business Day is deleted in its entirety and replaced with
the
following:
Business
Day:
Any day
other than: (i) a Saturday or Sunday, or (ii) a legal holiday in the
States of
New York, California, Texas, Maryland or Minnesota, or (iii) a day on
which
banks in the States of New York, California, Texas, Maryland or Minnesota
are
authorized or obligated by law or executive order to be closed.
(d) Clause
(d) of Section 3.01 of the SWS Agreement is deleted in its entirety and
replaced
with the following:
(d) Ability
to Service.
The
Company is an approved servicer of conventional residential mortgage
loans for
Xxxxxx Xxx or Xxxxxxx Mac, with the facilities, procedures, and experienced
personnel necessary for the sound servicing of mortgage loans of the
same type
as the Mortgage Loans. The Company is in good standing to service mortgage
loans
for Xxxxxx Mae or Xxxxxxx Mac, and no event has occurred, including but
not
limited to a change in insurance coverage, which would make the Company
unable
to comply with Xxxxxx Mae or Xxxxxxx Mac eligibility requirements or
which would
require notification to either Xxxxxx Mae or Xxxxxxx Mac;
(e) Section
3.02(oo) of the SWS Agreement is hereby deleted in its entirety and replaced
with the following:
(oo)
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No
HOEPA or “High Cost” Loans.
No Mortgage Loan is classified as a “high cost” mortgage loan under the
Home Ownership and Equity Protection Act of 1994, as amended,
nor is any
Mortgage Loan a “high cost home,” “covered,” “high risk home” or
“predatory” loan under any applicable state, federal or local law (or a
similarly classified loan using different terminology under
a law imposing
heightened regulatory scrutiny or additional legal liability
for
residential mortgage loans having high interest rates, points
and/or fees)
or any other statute or regulation providing assignee liability
to holders
of such mortgage loans.
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(f)
The
following representations and warranties are added to Section 3.02 of
the SWS
Agreement:
(xx)
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No
Mortgage Loan originated on or after October 1, 2002 through
March 6, 2003
is secured by Mortgaged Property located in the State of
Georgia;
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(yy)
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No
Mortgage Loan originated on or after March 7, 2003 is a “high cost home
loan” as defined under the Georgia Fair Lending
Act;
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(zz)
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With
respect to each Mortgage Loan, accurate and complete information
regarding
the borrower credit files related to such Mortgage Loan has
been furnished
on a monthly basis to credit reporting agencies in compliance
with the
provisions of the Fair Credit Reporting Act, 15 U.S.C. § 1681 et seq., and
the applicable implementing
regulations.
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(g) The
following shall be added as the second sentence of the third paragraph
of
Section 4.01 of the SWS Agreement:
In
addition, the Company shall furnish information regarding the borrower
credit
files related to such Mortgage Loan to credit reporting agencies in compliance
with the provisions of the Fair Credit Reporting Act, 15 U.S.C. § 1681 et seq.,
and the applicable implementing regulations, on a monthly basis.
(h) Section
6.04 of the SWS Agreement is deleted in its entirety and replaced with
the
following:
Section
6.04 Annual
Statement as to Compliance.
The
Company will deliver to the Master Servicer on or before March 15 of
each year,
beginning with March 15, 2005 an Officer’s Certificate in a form acceptable for
filing with the Securities and Exchange Commission as an exhibit to a
Form 10-K
stating that (i) a review of the activities of the Company during the
preceding
calendar year and of performance under this Agreement has been made under
such
officer’s supervision, (ii) the Company has fully complied with the servicing
provisions of this Agreement and (iii) to the best of such officer’s knowledge,
based on such review, the Company has fulfilled all of its obligations
under
this Agreement throughout such year, or, if there has been a default
in the
fulfillment of any such obligation, specifying each such default known
to such
officer and the nature and status thereof. (“Annual Statement of
Compliance”)
(i) Section
6.05 of the SWS Agreement is deleted in its entirety and replaced with
the
following:
Section
6.05 Annual
Independent Certified Public Accountants’ Servicing Report.
On
or
before March 15 of each year, beginning with March 15, 2005, the Company
at its
expense shall cause a firm of independent public accountants which is
a member
of the American Institute of Certified Public Accountants to furnish
a statement
to the Master Servicer in a form acceptable for filing with the Securities
and
Exchange Commission as an exhibit to a Form 10-K to the effect that such
firm
has examined certain documents and records relating to the servicing
of mortgage
loans by the Company generally that include a sampling of the Mortgage
Loans,
the provisions of Article II and Article IV of this Agreement have been
complied
with and, on the basis of such an examination conducted substantially
in
accordance with the Uniform Single Attestation Program for Mortgage Bankers,
such servicing has been conducted in compliance with this Agreement,
except for
(i) such exceptions as such firm shall believe to be immaterial, and
(ii) such
other exceptions as shall be set forth in such statement. (“Annual Independent
Public Accountant’s Servicing Report”)
(j) The
following is added as Section 6.07 of the SWS Agreement:
Section
6.07 Annual
Certification.
(a) For
so
long as (1) the Mortgage Loans are being master serviced by the Master
Servicer
and (2) the Master Servicer is required by Section 302 of the Xxxxxxxx-Xxxxx
Act
of 2002 to provide an annual certification, by March 15th of each year,
beginning with March 15, 2005 (or if not a Business Day, the immediately
preceding Business Day), an officer of the Company shall execute and
deliver an
Officer’s Certificate to the Master Servicer for the benefit of such Master
Servicer and its officers, directors and affiliates, certifying as to
the
following matters:
(i) Based
on
my knowledge, the information in the Annual Statement of Compliance,
the Annual
Independent Public Accountant’s Servicing Report and all servicing reports,
officer’s certificates and other information relating to the servicing of the
Mortgage Loans submitted to the Master Servicer taken as a whole, does
not
contain any untrue statement of a material fact or omit to state a material
fact
necessary to make the statements made, in light of the circumstances
under which
such statements were made, not misleading as of the last day of the period
covered by such statements or reports;
(ii) Based
on
my knowledge, the servicing information required to be provided to the
Master
Servicer by the Company under this Servicing Agreement has been provided
to the
Master Servicer;
(iii) I
am
responsible for reviewing the activities performed by the Company under
the
Servicing Agreement and based upon my knowledge and the review required
by this
Servicing Agreement, and except as disclosed in the Annual Statement
of
Compliance or the Annual Independent Public Accountant’s Servicing Report
submitted to the Master Servicer, the Servicer has, as of the last day
of the
period covered by the Annual Statement of Compliance, fulfilled its obligations
under this Servicing Agreement; and
(iv) I
have
disclosed to the Master Servicer all significant deficiencies relating
to the
Company’s compliance with the minimum servicing standards in accordance with
a
review conducted in compliance with the Uniform Single Attestation Program
for
Mortgage Bankers or similar standard as set forth in the Servicing
Agreement.
(b) The
Company shall indemnify and hold harmless the Master Servicer and its
officers,
directors, agents and affiliates from and against any losses, damages,
penalties, fines, forfeitures, reasonable legal fees and related costs,
judgments and other costs and expenses arising out of or based upon a
breach by
the Company or any of its officers, directors, agents or affiliates of
its
obligations under this Section 6.07 or the negligence, bad faith or willful
misconduct of the Company in connection therewith. If the indemnification
provided for herein is unavailable in whole or in part for any reason,
then the
Company agrees that it shall contribute to the amount paid or payable
by the
Master Servicer as a result of the losses, claims, damages or liabilities
of the
Master Servicer in such proportion as is appropriate to reflect the relative
fault of the Company, in connection with a breach of the Company’s obligations
under this Section 6.07 or the Company’s negligence, bad faith or willful
misconduct in connection therewith.
(k) Section
10.01 is hereby modified by adding the word “or” at the end of clause (ix)
thereof and inserting the following as clause (x):
(x) failure
by the Company to duly perform, within the required time period, its
obligations
under Section 6.04, 6.05 or 6.07 which failure continues unremedied for
a period
of ten (10) days after the date on which written notice of such failure,
requiring the same to be remedied, shall have been given to the Company
by any
party to this Servicing Agreement or by any master servicer responsible
for
master servicing the Mortgage Loans pursuant to a securitization of such
Mortgage Loans.
(l) Section
12.03 of the SWS Agreement is deleted in its entirety and replaced with
the
following:
Section
12.03 Governing
Law.
This
Agreement shall be governed by and construed in accordance with the laws
of the
State of New York without giving effect to principles of conflicts of
laws and
except to the extent preempted by Federal law and the obligations, rights
and
remedies of the parties hereunder shall be determined in accordance with
such
laws.
SECTION
3. Effect
of Amendment.
Upon
execution of this Amendment, the SWS Agreement shall be, and be deemed
to be,
modified and amended in accordance herewith and the respective rights,
limitations, obligations, duties, liabilities and immunities of the Purchaser
and the Company shall hereafter be determined, exercised and enforced
subject in
all respects to such modifications and amendments, and all the terms
and
conditions of this Amendment shall be deemed to be part of the terms
and
conditions of the SWS Agreement for any and all purposes. Except as modified
and
expressly amended by this Amendment, the SWS Agreement is in all respects
ratified and confirmed, and all the terms, provisions and conditions
thereof
shall be and remain in full force and effect.
SECTION
4. Binding
Effect.
The
provisions of this Amendment shall be binding upon and inure to the benefit
of
the respective successors and assigns of the parties hereto, and all
such
provisions shall inure to the benefit of the Purchaser and the
Company.
SECTION
5. Severability
of Provisions.
If any
one or more of the provisions or terms of this Amendment shall be for
any reason
whatsoever held invalid, then such provisions or terms shall be deemed
severable
from the remaining provisions or terms of this Amendment and shall in
no way
affect the validity or enforceability of the other provisions or terms
of this
Amendment.
SECTION
6. Section
Headings.
The
section headings herein are for convenience of reference only, and shall
not
limit or otherwise affect the meaning hereof.
SECTION
7. Execution
in Counterparts. This
Amendment may be executed by the parties hereto in several counterparts,
each of
which shall be executed by the parties hereto and be deemed an original
and all
of which shall constitute together by one and the same agreement.
SECTION
8. Governing
Law. THIS
AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF NEW
YORK, WITHOUT REFERENCE TO CONFLICT OF LAW PRINCIPLES, AND THE OBLIGATIONS,
RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK.
IN
WITNESS WHEREOF, the parties have caused this Amendment to the SWS Agreement
to
be executed by their respective officers thereunto duly authorized as
of the day
and year first above written.
EMC MORTGAGE CORPORATION | ||
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By: | ||
Name: |
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Title: |
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COUNTRYWIDE HOME LOANS, INC. | ||
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By: | ||
Name: |
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Title: |
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EXECUTION
VERSION
AMENDMENT
REG AB
TO
THE
MASTER MORTGAGE LOAN PURCHASEAND SERVICING AGREEMENT
This
is
Amendment Reg AB (“Amendment
Reg AB”),
dated
as of January 1, 2006, by and between EMC Mortgage Corporation (the
“Purchaser”), and
Countrywide Home Loans, Inc. (the “Company”)
to
that certain Seller’s Warranties and Servicing Agreement dated as of September
1, 2002 by and between the Company and the Purchaser (as amended, modified
or
supplemented, the “Existing
Agreement”).
W
I T N E
S S E T H
WHEREAS,
the Company and the Purchaser have agreed, subject to the terms and
conditions
of this Amendment Reg AB that the Existing Agreement be amended to
reflect
agreed upon revisions to the terms of the Existing Agreement.
Accordingly,
the Company and the Purchaser hereby agree, in consideration of the
mutual
premises and mutual obligations set forth herein, that the Existing
Agreement is
hereby amended as follows:
1. Capitalized
terms used herein but not otherwise defined shall have the meanings
set forth in
the Existing Agreement. The Existing Agreement is hereby amended by
adding the
following definitions in their proper alphabetical order:
Commission:
The
United States Securities and Exchange Commission.
Company
Information:
As
defined in Section 2(g)(i)(A)(1).
Depositor:
The
depositor, as such term is defined in Regulation AB, with respect to
any
Securitization Transaction.
Exchange
Act:
The
Securities Exchange Act of 1934, as amended.
Master
Servicer:
With
respect to any Securitization Transaction, the “master servicer,” if any,
identified in the related transaction documents.
Qualified
Correspondent:
Any
Person from which the Company purchased Mortgage Loans, provided that
the
following conditions are satisfied: (i) such Mortgage Loans were either
(x)
originated pursuant to an agreement between the Company and such Person
that
contemplated that such Person would underwrite mortgage loans from
time to time,
for sale to the Company, in accordance with underwriting guidelines
designated
by the Company (“Designated Guidelines”) or guidelines that do not vary
materially from such Designated Guidelines or (y) individually re-underwritten
by the Company to the Designated Guidelines at the time such Mortgage
Loans were
acquired by the Company; (ii) either (x) the Designated Guidelines
were, at the
time such Mortgage Loans were originated, used by the Company in origination
of
mortgage loans of the same type as the Mortgage Loans for the Company’s own
account or (y) the Designated Guidelines were, at the time such Mortgage
Loans
were underwritten, designated by the Company on a consistent basis
for use by
lenders in originating mortgage loans to be purchased by the Company;
and (iii)
the Company employed, at the time such Mortgage Loans were acquired
by the
Company, pre-purchase or post-purchase quality assurance procedures
(which may
involve, among other things, review of a sample of mortgage loans purchased
during a particular time period or through particular channels) designed
to
ensure that either Persons from which it purchased mortgage loans properly
applied the underwriting criteria designated by the Company or the
Mortgage
Loans purchased by the Company substantially comply with the Designated
Guidelines.
Reconstitution:
Any
Securitization Transaction or Whole Loan Transfer.
Reconstitution
Agreement:
An
agreement or agreements entered into by the Company and the Purchaser
and/or
certain third parties in connection with a Reconstitution with respect
to any or
all of the Mortgage Loans serviced under the Agreement.
Regulation
AB:
Subpart
229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R.
§§229.1100-229.1123, as such may be amended from time to time, and subject
to
such clarification and interpretation as have been provided by the
Commission in
the adopting release (Asset-Backed
Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506,
1,531 (Jan.
7, 2005)) or by the staff of the Commission, or as may be provided
by the
Commission or its staff from time to time.
Securities
Act:
The Securities Act of 1933, as amended.
Securitization
Transaction:
Any
transaction subject to Regulation AB involving either (1) a sale or
other
transfer of some or all of the Mortgage Loans directly or indirectly
to an
issuing entity in connection with an issuance of publicly offered,
rated or
unrated mortgage-backed securities or (2) an issuance of publicly offered,
rated
or unrated securities, the payments on which are determined primarily
by
reference to one or more portfolios of residential mortgage loans consisting,
in
whole or in part, of some or all of the Mortgage Loans.
Servicer:
As
defined in Section 2(c)(iii).
Servicing
Criteria:
The
“servicing criteria” set forth in Item 1122(d) of Regulation AB, as such may be
amended from time to time.
Static
Pool Information:
Static
pool information as described in Item 1105 of Regulation AB.
Subcontractor:
Any
vendor, subcontractor or other Person that is not responsible for the
overall
servicing (as “servicing” is commonly understood by participants in the
mortgage-backed securities market) of Mortgage Loans but performs one
or more
discrete functions identified in Item 1122(d) of Regulation AB with
respect to
Mortgage Loans under the direction or authority of the Company or a
Subservicer.
Subservicer:
Any
Person that services Mortgage Loans on behalf of the Company or any
Subservicer
and is responsible for the performance (whether directly or through
Subservicers
or Subcontractors) of a substantial portion of the material servicing
functions
required to be performed by the Company under this Agreement or any
Reconstitution Agreement that are identified in Item 1122(d) of Regulation
AB;
provided, however, that the term “Subservicer” shall not include any master
servicer other than the Company, or any special servicer engaged at
the request
of a Depositor, Purchaser or investor in a Securitization Transaction,
nor any
“back-up servicer” or trustee performing servicing functions on behalf of a
Securitization Transaction engaged at the request of a Depositor, Purchaser,
or
investor in a Securitization Transaction.
Third-Party
Originator:
Each
Person, other than a Qualified Correspondent, that originated Mortgage
Loans
acquired by the Company.
Whole
Loan Transfer:
Any
sale or transfer of some or all of the Mortgage Loans, other than a
Securitization Transaction.
2. The
Purchaser and the Company agree that the Existing Agreement is hereby
amended by
adding the following provisions:
(a) Intent
of the Parties; Reasonableness.
The
Purchaser and the Company acknowledge and agree that the purpose of
Article 2 of
this Agreement is to facilitate compliance by the Purchaser and any
Depositor
with the provisions of Regulation AB and related rules and regulations
of the
Commission. Neither the Purchaser nor any Depositor shall exercise
its right to
request delivery of information or other performance under these provisions
other than in good faith, or for purposes other than compliance with
the
Securities Act, the Exchange Act and the rules and regulations of the
Commission
thereunder. Although Regulation AB is applicable by its terms only
to offerings
of asset-backed securities that are registered under the Securities
Act, the
parties acknowledges that investors in privately offered securities
may require
that the Purchaser or any Depositor provide comparable disclosure in
unregistered offerings. The parties agree over time to negotiate in
good faith
with respect to the provision of comparable disclosure in private offerings.
The
Company acknowledges that interpretations of the requirements of Regulation
AB
may change over time, whether due to interpretive guidance provided
by the
Commission or its staff. The Company agrees to negotiate in good faith
with the
Purchaser or any Depositor with regard to any reasonable requests for
delivery
of information under these provisions on the basis of evolving interpretations
of Regulation AB. In connection
with any Securitization Transaction, the Company shall cooperate fully
with the
Purchaser to deliver to the Purchaser (including any of its assignees
or
designees) and any Depositor, any and all statements, reports, certifications,
records and any other information necessary to permit the Purchaser
or such
Depositor to comply with the provisions of Regulation AB, together
with such
disclosures relating to the Company, and any parties or items identified
in
writing by the Purchaser, including, any Subservicer, any Third-Party
Originator
and the Mortgage Loans, or the servicing of the Mortgage Loans necessary
in
order to effect such compliance, in the Purchaser’s or Depositor’s reasonable
determination.
The
Purchaser agrees that it will cooperate with the Company and provide
sufficient
and timely notice of any information requirements pertaining to a Securitization
Transaction. The Purchaser will make all reasonable efforts to limit
requests
for information, reports or any other materials to items the Purchaser
reasonably believes is required for compliance with Regulation AB,
and shall not
request information which is not required for such compliance.
(b) Additional
Representations and Warranties of the Company.
(i) The
Company shall be deemed to represent to the Purchaser and to any Depositor,
as
of the date on which information is first provided to the Purchaser
or any
Depositor under Section 2(c) that, except as disclosed in writing to
the
Purchaser or such Depositor prior to such date: (i)
the Company is not aware and has not received notice that any default,
early
amortization or other performance triggering event has occurred as
to any other
securitization due to any act or failure to act of the Company; (ii)
the
Company has not been terminated as servicer in a residential mortgage
loan
securitization, either due to a servicing default or to application
of a
servicing performance test or trigger; (iii) no
material noncompliance
with the applicable servicing criteria with respect to other securitizations
of
residential mortgage loans involving the Company as servicer
has been disclosed or reported by the Company; (iv) no material
changes to the Company’s policies or procedures with respect to the servicing
function it will perform under this Agreement and any Reconstitution
Agreement
for mortgage loans of a type similar to the Mortgage Loans
have occurred during the three-year period immediately preceding the
related
Securitization Transaction; (v) there are no aspects of the Company’s financial
condition that could have a material adverse effect on the performance
by
the
Company of its servicing obligations under this Agreement or any Reconstitution
Agreement;
(vi) there are no material
legal or governmental proceedings pending (or known to be contemplated)
against
the Company, any Subservicer or any Third-Party Originator;
and (vii) there are no affiliations, relationships or transactions
relating to
the Company, any Subservicer or any Third-Party Originator with respect
to any
Securitization Transaction and any party thereto identified by the
related
Depositor of a type described in Item 1119 of Regulation AB.
(ii) If
so requested by the Purchaser or any Depositor on any date following
the
date
on which information is first provided to the Purchaser or any Depositor
under
Section 2(c),
the Company shall, within five Business Days following such request,
confirm in
writing the accuracy of the representations and warranties set forth
in
paragraph (i) of this Section or, if any such representation and warranty
is not
accurate as of the date of such request, provide reasonably adequate
disclosure
of the pertinent facts, in writing, to the requesting party.
(c) Information
to Be Provided by the Company.
In
connection with any Securitization Transaction the Company shall (1)
within five
Business Days following request by the Purchaser or any Depositor,
provide to
the Purchaser and such Depositor (or, as applicable, cause each Third-Party
Originator and each Subservicer to provide), in writing reasonably
required for
compliance with Regulation AB, the information and materials specified
in
paragraphs (i), (ii), (iii) and (vi) of this Section 2(c), and (2)
as promptly
as practicable following notice to or discovery by the Company, provide
to the
Purchaser and any Depositor (as required by Regulation AB) the information
specified in paragraph (iv) of this Section.
(i) If
so
requested by the Purchaser or any Depositor, the Company shall provide
such
information regarding (x) the Company, as originator of the Mortgage
Loans
(including as an acquirer of Mortgage Loans from a Qualified Correspondent,
if
applicable), or (y) as applicable, each Third-Party Originator, and
(z) as
applicable, each Subservicer, as is requested for the purpose of compliance
with
Items 1103(a)(1), 1105 (subject to paragraph (b) below), 1110, 1117
and 1119 of
Regulation AB. Such information shall include, at a minimum:
(A) the
originator’s form of organization;
(B) to
the
extent material, a description of the originator’s origination program and how
long the originator has been engaged in originating residential mortgage
loans,
which description shall include a discussion of the originator’s experience in
originating mortgage loans of a similar type as the Mortgage Loans;
if material,
information regarding the size and composition of the originator’s origination
portfolio; and information that may be material to an analysis of the
performance of the Mortgage Loans, including the originators’ credit-granting or
underwriting criteria for mortgage loans of similar type(s) as the
Mortgage
Loans and such other information as the Purchaser or any Depositor
may
reasonably request for the purpose of compliance with Item 1110(b)(2)
of
Regulation AB;
(C) a
brief
description of any material legal or governmental proceedings pending
(or known
to be contemplated by a governmental authority) against the Company,
each
Third-Party Originator, if applicable, and each Subservicer; and
(D) a
description of any affiliation or relationship between the Company,
each
Third-Party Originator, if applicable, each Subservicer and any of
the following
parties to a Securitization Transaction, as such parties are identified
to the
Company by the Purchaser or any Depositor in writing or in the related
Reconstitution Agreement within five Business Days in advance of such
Securitization Transaction:
(1)
|
the
sponsor;
|
|
(2)
|
the
depositor;
|
|
(3)
|
the
issuing entity;
|
|
(4)
|
any
servicer;
|
|
(5)
|
any
trustee;
|
|
(6)
|
any
originator;
|
|
(7)
|
any
significant obligor;
|
|
(8)
|
any
enhancement or support provider; and
|
|
(9)
|
any
other material transaction party.
|
(ii) If
so
requested by the Purchaser or any Depositor, and required by Regulation
AB or as
otherwise agreed upon by the Company, the Purchaser and/or the Depositor,
the
Company shall provide (or, as applicable, cause each Third-Party Originator
to
provide) Static Pool Information with respect to the mortgage loans
(of a
similar type as the Mortgage Loans, as reasonably identified by the
Purchaser as
provided below) originated by (a) the Company, if the Company is an
originator
of Mortgage Loans (including as an acquirer of Mortgage Loans from
a Qualified
Correspondent, if applicable), and/or (b) as applicable, each Third-Party
Originator. Such Static Pool Information shall be prepared by the Company
(or,
if applicable, the Third-Party Originator) on the basis of its reasonable,
good
faith interpretation of the requirements of Item 1105(a)(1)-(3) of
Regulation
AB. To the extent that there is reasonably available to the Company
(or
Third-Party Originator, as applicable) Static Pool Information with
respect to
more than one mortgage loan type, the Purchaser or any Depositor shall
be
entitled to specify whether some or all of such information shall be
provided
pursuant to this paragraph. The content of such Static Pool Information
may be
in the form customarily provided by the Company, and need not be customized
for
the Purchaser or any Depositor. Such Static Pool Information for each
vintage
origination year or prior securitized pool, as applicable, shall be
presented in
increments no less frequently than quarterly over the life of the mortgage
loans
included in the vintage origination year or prior securitized pool.
The most
recent periodic increment must be as of a date no later than 135 days
prior to
the date of the prospectus or other offering document in which the
Static Pool
Information is to be included or incorporated by reference. The Static
Pool
Information shall be provided in an electronic format that provides
a permanent
record of the information provided, such as a portable document format
(pdf)
file, or other such electronic format.
Promptly
following notice or discovery of a material error (as determined in
Company’s
sole discretion), in Static Pool Information provided pursuant to the
immediately preceding paragraph (including an omission to include therein
information required to be provided pursuant to such paragraph), the
Company
shall provide corrected Static Pool Information to the Purchaser or
any
Depositor, as applicable, in the same format in which Static Pool Information
was previously provided to such party by the Company.
If
so
requested by the Purchaser or any Depositor, the Company shall provide
(or, as
applicable, cause each Third-Party Originator to provide), at the expense
of the
requesting party (to the extent of any additional incremental expense
associated
with delivery pursuant to this Agreement), agreed-upon procedures letters
of
certified public accountants pertaining
to Static Pool Information relating to prior securitized pools for
securitizations closed on or after January 1, 2006 or, in the case
of Static
Pool Information with respect to the Company’s or, if applicable, Third-Party
Originator’s originations or purchases, to calendar months commencing January
1,
2006,
as the
Purchaser or such Depositor shall reasonably request. Such statements
and
letters shall be addressed to and be for the benefit of such parties
as the
Purchaser or such Depositor shall designate, which shall be limited
to any
Sponsor, any Depositor, any broker dealer acting as underwriter, placement
agent
or initial purchaser with respect to a Securitization Transaction or
any other
party that is reasonably and customarily entitled to receive such statements
and
letters in a Securitization Transaction. Any such statement or letter
may take
the form of a standard, generally applicable document accompanied by
a reliance
letter authorizing reliance by the addressees designated by the Purchaser
or
such Depositor.
(iii) If
reasonably requested by the Purchaser or any Depositor, the Company
shall
provide such information regarding the Company, as servicer of the
Mortgage
Loans, and each Subservicer (each of the Company and each Subservicer,
for
purposes of this paragraph, a “Servicer”), as is reasonably requested for the
purpose of compliance with Item 1108 of Regulation AB. Such information
shall
include, at a minimum:
(A) the
Servicer’s form of organization;
(B) a
description of how long the Servicer has been servicing residential
mortgage
loans; a general discussion of the Servicer’s experience in servicing assets of
any type as well as a more detailed discussion of the Servicer’s experience in,
and procedures for, the servicing function it will perform under this
Agreement
and any Reconstitution Agreements; information regarding the size,
composition
and growth of the Servicer’s portfolio of residential mortgage loans of a type
similar to the Mortgage Loans and information on factors related to
the Servicer
that may be material, in the reasonable determination of the Purchaser
or any
Depositor, to any analysis of the servicing of the Mortgage Loans or
the related
asset-backed securities, as applicable, including, without
limitation:
(1) whether
any prior securitizations of mortgage loans of a type similar to the
Mortgage
Loans involving the Servicer have defaulted or experienced an early
amortization
or other performance triggering event because of servicing during the
three-year
period immediately preceding the related Securitization
Transaction;
(2) the
extent of outsourcing the Servicer utilizes;
(3) whether
there has been previous disclosure of material noncompliance with the
applicable
servicing criteria with respect to other securitizations of residential
mortgage
loans involving the Servicer as a servicer during the three-year period
immediately preceding the related Securitization Transaction;
(4) whether
the Servicer has been terminated as servicer in a residential mortgage
loan
securitization, either due to a servicing default or to application
of a
servicing performance test or trigger; and
(5) such
other information as the Purchaser or any Depositor may reasonably
request for
the purpose of compliance with Item 1108(b)(2) of Regulation AB;
(C) a
description of any material changes during the three-year period immediately
preceding the related Securitization Transaction to the Servicer’s policies or
procedures with respect to the servicing function it will perform under
this
Agreement and any Reconstitution Agreements for mortgage loans of a
type similar
to the Mortgage Loans;
(D) information
regarding the Servicer’s financial condition, to the extent that there is a
material risk that an adverse financial event or circumstance involving
the
Servicer could have a material adverse effect on the performance by
the Company
of its servicing obligations under this Agreement or any Reconstitution
Agreement;
(E) information
regarding advances made by the Servicer on the Mortgage Loans and the
Servicer’s
overall servicing portfolio of residential mortgage loans for the three-year
period immediately preceding the related Securitization Transaction,
which may
be limited to a statement by an authorized officer of the Servicer
to the effect
that the Servicer has made all advances required to be made on residential
mortgage loans serviced by it during such period, or, if such statement
would
not be accurate, information regarding the percentage and type of advances
not
made as required, and the reasons for such failure to advance;
(F) a
description of the Servicer’s processes and procedures designed to address any
special or unique factors involved in servicing loans of a similar
type as the
Mortgage Loans;
(G) a
description of the Servicer’s processes for handling delinquencies, losses,
bankruptcies and recoveries, such as through liquidation of mortgaged
properties, sale of defaulted mortgage loans or workouts; and
(H) information
as to how the Servicer defines or determines delinquencies and charge-offs,
including the effect of any grace period, re-aging, restructuring,
partial
payments considered current or other practices with respect to delinquency
and
loss experience.
(iv) For
the
purpose of satisfying its reporting obligation under the Exchange Act
with
respect to any class of asset-backed securities, the Company shall
(or shall
cause each Subservicer and, if applicable, any Third-Party Originator
to) (a)
provide notice within two (2) Business Days to the Purchaser, any Master
Servicer and any Depositor in writing of (1) any merger, consolidation
or sale
of substantially all of the assets of the Company, (2) the Company’s entry into
an agreement with a Subservicer to perform or assist in the performance
of any
of the Company’s obligations under the Agreement or any Reconstitution Agreement
that qualifies as an “entry into a material definitive agreement” under Item
1.01 of the form 8-K, and (b) provide prompt notice to the Purchaser,
the Master
Servicer and the Depositor of (1) any Event of Default under the terms
of the
Agreement or any Reconstitution Agreement to the extent not known by
such
Purchaser, Master Servicer or Depositor, and (2) any material litigation
or
governmental proceedings involving the Company, any Subservicer or
any Third
Party Originator.
(v) To
the
extent the Purchaser or any Depositor does not itself have an affiliation
or
relationship required to be disclosed under Item 1119 of Regulation
AB that
develops following the closing date of a Securitization Transaction,
the Company
shall provide to the Purchaser and any Depositor a description of any
such
affiliation or relationship involving the Company, any Subservicer
or any
Third-Party Originator no later than 15 calendar days prior to the
date the
Depositor is required to file its Form 10-K disclosing such affiliation
or
relationship. For purposes of the foregoing, the Company (1) shall
be entitled
to assume that the parties to the Securitization Transaction with whom
affiliations or relations must be disclosed are the same as on the
closing date
if it provides a written request (which may be by e-mail) to the Depositor
or
Master Servicer, as applicable, requesting such confirmation and either
obtains
such confirmation or receives no response within three (3) Business
Days, (2)
shall not be obligated to disclose any affiliations or relationships
that may
develop after the closing date for the Securitization Transaction with
any
parties not identified to the Company pursuant to clause (D) of paragraph
(i) of
this Section 2(c), and (3) shall be entitled to rely upon any written
identification of parties provided by the Depositor, the Purchaser
or any master
servicer.
(v) As
a
condition to the succession to the Company or any Subservicer as servicer
or
subservicer under this Agreement or any applicable Reconstitution Agreement
related thereto by any Person (i) into which the Company or such Subservicer
may
be merged or consolidated, or (ii) which may be appointed as a successor
to the
Company or any Subservicer, the Company shall provide to the Purchaser,
any
Master Servicer, and any Depositor, at least 15 calendar days prior
to the
effective date of such succession or appointment, (x) written notice
to the
Purchaser and any Depositor of such succession or appointment and (y)
in
writing, all information reasonably requested by the Purchaser or any
Depositor
in order to comply with its reporting obligation under Item 6.02 of
Form 8-K
with respect to any class of asset-backed securities.
(vi) Not
later
than ten days prior to the deadline for the filing of any distribution
report on
Form 10-D in respect of any Securitization Transaction that includes
any of the
Mortgage Loans serviced by the Company, the Company shall, to the extent
the
Company has knowledge, provide to the party responsible for filing
such report
(including, if applicable, the Master Servicer) notice of the occurrence
of any
of the following events along with all information, data, and materials
related
thereto as may be required to be included in the related distribution
report on
Form 10-D (as specified in the provisions of Regulation AB referenced
below):
(a) any
material modifications, extensions or waivers of Mortgage Loan terms,
fees,
penalties or payments during the distribution period or that have cumulatively
become material over time (Item 1121(a)(11) of Regulation AB);
(b) material
breaches of Mortgage Loan representations or warranties or transaction
covenants
under the Existing Agreement, as amended herein (Item 1121(a)(12) of
Regulation
AB): and
(c) information
regarding any Mortgage Loan changes (such as, additions, substitutions
or
repurchases) and any
material changes in origination, underwriting, or other criteria for
acquisition
or selection of pool assets (Item 1121(a)(14) of Regulation AB).
(vii) In
addition to such information as the Company, as servicer, is obligated
to
provide pursuant to other provisions of this Agreement, if reasonably
requested
by the Purchaser or any Depositor, the Company shall provide such information
which is available to the Company, regarding the servicing of the Mortgage
Loans
as is reasonably required to facilitate preparation of distribution
reports in
accordance with Item 1121 of Regulation AB.
(d) Servicer
Compliance Statement.
On
or
before March 5 of each calendar year, commencing in 2007, the Company
shall
deliver to the Purchaser and any Depositor a statement of compliance
addressed
to the Purchaser and such Depositor and signed by an authorized officer
of the
Company, to the effect that (i) a review of the Company’s servicing activities
during the immediately preceding calendar year (or applicable portion
thereof)
and of its performance under the servicing provisions of this Agreement
and any
applicable Reconstitution Agreement during such period has been made
under such
officer’s supervision, and (ii) to the best of such officers’ knowledge, based
on such review, the Company has fulfilled all of its servicing obligations
under
this Agreement and any applicable Reconstitution Agreement in all material
respects throughout such calendar year (or applicable portion thereof)
or, if
there has been a failure to fulfill any such obligation in any material
respect,
specifically identifying each such failure known to such officer and
the nature
and the status thereof.
(e) Report
on Assessment of Compliance and Attestation.
(i) On
or
before March 5 of each calendar year, commencing in 2007, the Company
shall:
(A) deliver
to the Purchaser and any Depositor a report regarding the Company’s assessment
of compliance with the Servicing Criteria during the immediately preceding
calendar year, as required under Rules 13a-18 and 15d-18 of the Exchange
Act and
Item 1122 of Regulation AB. Such report shall be addressed to the Purchaser
and
such Depositor and signed by an authorized officer of the Company,
and shall
address each of the applicable Servicing Criteria specified on a certification
substantially in the form of Exhibit A hereto (wherein “investor” shall mean the
Master Servicer) delivered to the Purchaser concurrently with the execution
of
this Agreement;
(B) deliver
to the Purchaser and any Depositor a report of a registered public
accounting
firm that attests to, and reports on, the assessment of compliance
made by the
Company and delivered pursuant to the preceding paragraph. Such attestation
shall be in accordance with Rules 1-02(a)(3) and 2-02(g) of Regulation
S-X under
the Securities Act and the Exchange Act;
(C) if
required by Regulation AB, cause each Subservicer and each Subcontractor
determined by the Company pursuant to Section 2(f)(ii) to be “participating in
the servicing function” within the meaning of Item 1122 of Regulation AB (each,
a “Participating Entity”), to deliver to the Purchaser and any Depositor an
assessment of compliance and accountants’ attestation as and when provided in
paragraphs (A) and (B) of this Section 2(e)(i); and
(D) deliver
or, if required by Regulation AB, cause each Subservicer and Subcontractor
described in Section 2(e)(i)(C) above to deliver to the Purchaser,
Depositor or
any other Person that will be responsible for signing the certification
(a
“Sarbanes Certification”) required by Rules 13a-14(d) and 15d-14(d) under the
Exchange Act (pursuant to Section 302 of the Xxxxxxxx-Xxxxx Act of
2002) on
behalf of an asset-backed issuer with respect to a Securitization Transaction
a
certification, signed by the appropriate officer of the Company, in
the form
attached hereto as Exhibit B; provided that such certification delivered
by the
Company may not be filed as an exhibit to, or included in, any filing
with the
Commission.
The
Company acknowledges that the party identified in clause (i)(D) above
may rely
on the certification provided by the Company pursuant to such clause
in signing
a Sarbanes Certification and filing such with the Commission. Neither
the
Purchaser nor any Depositor will request deliver of a certification
under clause
(D) above unless the Purchaser, Depositor or any other Person is required
under
the Exchange Act to file an annual report on Form 10-K with respect
to an
issuing entity whose asset pool includes Mortgage Loans.
(ii) Each
assessment of compliance provided by a Subservicer pursuant to Section
2(e)(i)(A) shall address each of the applicable Servicing Criteria
specified on
a certification substantially in the form of Exhibit A hereto delivered
to the
Purchaser concurrently with the execution of this Agreement or, in
the case of a
Subservicer subsequently appointed as such, on or prior to the date
of such
appointment. An assessment of compliance provided by a Participating
Entity
pursuant to Section 2(e)(i)(C) need not address any elements of the
Servicing
Criteria other than those specified by the Company pursuant to Section
2(f).
(iii) If
reasonably requested by the Purchaser or any Depositor, the Company
shall
provide to the Purchaser, any Master Servicer or any Depositor, evidence
of the
authorization of the person signing any certification or statement
pursuant to
Section 2(d) or 2(e) of this Agreement.
(f) Use
of
Subservicers and Subcontractors.
The
Company shall not hire or otherwise utilize the services of any Subservicer
to
fulfill any of the obligations of the Company as servicer under this
Agreement
or any related Reconstitution Agreement unless the Company complies
with the
provisions of paragraph (i) of this Subsection (f). The Company shall
not hire
or otherwise utilize the services of any Subcontractor, and shall not
permit any
Subservicer to hire or otherwise utilize the services of any Subcontractor,
to
fulfill any of the obligations of the Company as servicer under this
Agreement
or any related Reconstitution Agreement unless the Company complies
with the
provisions of paragraph (ii) of this Subsection (f).
(i) It
shall
not be necessary for the Company to seek the consent of the Purchaser
or any
Depositor to the utilization of any Subservicer. If required by Regulation
AB,
the Company shall cause any Subservicer used by the Company (or by
any
Subservicer) for the benefit of the Purchaser and any Depositor to
comply with
the provisions of this Section and with Sections 2(b), 2(c)(iii), 2(c)(v),
2(d),
and 2(e) of this Agreement , and to provide the information required
with
respect to such Subservicer under Section 2(c)(iv) of this Agreement.
The
Company shall be responsible for obtaining from each Subservicer and
delivering
to the Purchaser and any Depositor any servicer compliance statement
required to
be delivered by such Subservicer under Section 2(d), any assessment
of
compliance and attestation required to be delivered by such Subservicer
under
Section 2(e) and any certification required to be delivered to the
Person that
will be responsible for signing the Sarbanes Certification under Section
2(e) as
and when required to be delivered.
(ii) It
shall
not be necessary for the Company to seek the consent of the Purchaser
or any
Depositor to the utilization of any Subcontractor. If required by Regulation
AB,
the Company shall promptly upon request provide to the Purchaser and
any
Depositor (or any designee of the Depositor, such as a master servicer
or
administrator) a written description of the role and function of each
Subcontractor utilized by the Company or any Subservicer, specifying
(A) the
identity of each such Subcontractor, (B) which (if any) of such Subcontractors
are Participating Entities, and (C) which elements of the Servicing
Criteria
will be addressed in assessments of compliance provided by each Participating
Entity identified pursuant to clause (B) of this paragraph.
The
Company shall cause any such Participating Entity used by the Company
(or by any
Subservicer) for the benefit of the Purchaser and any Depositor to
comply with
the provisions of Section 2(e) of this Agreement. The Company shall
be
responsible for obtaining from each Participating Entity and delivering
to the
Purchaser and any Depositor any assessment of compliance and attestation
and
certificate required to be delivered by such Participating Entity under
Section
2(e), in each case as and when required to be delivered.
(g) Indemnification;
Remedies.
(i) The
Company
shall
indemnify the Purchaser and each of the following parties participating
in a Securitization Transaction: each
sponsor and issuing entity; each Person responsible for the execution
or filing
of any report required to be filed with the Commission with respect
to such
Securitization Transaction, or for execution of a certification pursuant
to Rule
13a-14(d) or Rule 15d-14(d) under the Exchange Act with respect to
such
Securitization Transaction; each Person who controls any of such parties
(within
the meaning of Section 15 of the Securities Act and Section 20 of the
Exchange
Act);
and the
respective present and former directors, officers and employees of
each of the
foregoing and of the Depositor, and shall hold each of them harmless
from and
against any losses, damages, penalties, fines, forfeitures, legal fees
and
expenses and related costs, judgments, and any other costs, fees and
expenses
that any of them may sustain arising out of or based upon:
(A)(1) any
untrue statement of a material fact contained or alleged to be contained
in
any
written information, written report, certification or other material
provided
under
this Amendment Reg AB
by or on
behalf of the Company,
or provided under this Amendment Reg AB by or on behalf of any Subservicer,
Participating Entity or, if applicable, Third-Party Originator (collectively,
the “Company Information”),
or (2)
the omission or alleged omission to state in the Company Information
a material
fact required to be stated in the Company Information or necessary
in order to
make the statements therein, in the light of the circumstances under
which they
were made, not misleading; provided,
by way of clarification,
that
clause (2) of this paragraph shall be construed solely by reference
to the
Company Information and not to any other information communicated in
connection
with a sale or purchase of securities, without regard to whether the
Company
Information or any portion thereof is presented together with or separately
from
such other information;
(B) any
failure by the Company, any Subservicer, any Participating Entity or
any
Third-Party
Originator to deliver any information, report, certification, accountants’
letter or other material when and as required under this Amendment
Reg AB,
including any failure by the Company to identify pursuant to Section
2(f)(ii)
any Participating Entity; or
(C) any
breach by the Company of a representation or warranty set forth in
Section
2(b)(i) or in a writing furnished pursuant to Section 2(b)(ii) and
made as of a
date prior to the closing date of the related Securitization Transaction,
to the
extent that such breach is not cured by such closing date, or any breach
by the
Company of a representation or warranty in a writing furnished pursuant
to
Section 2(b)(ii) to the extent made as of a date subsequent to such
closing
date.
In
the
case of any failure of performance described in clause (i)(B) of this
Section,
the Company shall promptly reimburse the Purchaser, any Depositor,
as
applicable, and each Person responsible for the execution or filing
of any
report required to be filed with the Commission with respect to such
Securitization Transaction, or for execution of a certification pursuant
to Rule
13a-14(d) or Rule 15d-14(d) under the Exchange Act with respect to
such
Securitization Transaction, for all costs reasonably incurred by each
such party
in order to obtain the information,
report, certification, accountants’ letter or other material not delivered as
required by the Company, any
Subservicer, any Participating Entity or any Third-Party
Originator.
(ii) (A) Any
failure by the Company, any Subservicer, any Participating Entity or
any
Third-Party
Originator to deliver any information, report, certification, accountants’
letter or other material when and as required under this Amendment
Reg AB ,
which continues unremedied for three Business Days after receipt by
the Company
and the applicable Subservicer, Subcontractor, or Third-Party Originator
of
written notice of such failure from the Purchaser or Depositor shall,
except as
provided in clause (B) of this paragraph, constitute an Event of Default
with
respect to the Company under this Agreement and any applicable Reconstitution
Agreement, and shall entitle the Purchaser or Depositor, as applicable,
in its
sole discretion to terminate the rights and obligations of the Company
as
servicer under this Agreement and/or any applicable Reconstitution
Agreement
related thereto without payment (notwithstanding anything in this Agreement
or
any applicable Reconstitution Agreement related thereto to the contrary)
of any
compensation to the Company (and if the Company is servicing any of
the Mortgage
Loans in a Securitization Transaction, appoint a successor servicer
reasonably
acceptable to any Master Servicer for such Securitization Transaction);
provided,
however
it is
understood that the Company shall retain any rights pursuant to which
it may be
entitled to receive reimbursement for unreimbursed Monthly Advances
and
Servicing Advances made by the Company under this Agreement and/or
any
applicable Reconstitution Agreement. Notwithstanding anything to the
contrary
set forth herein, to the extent that any provision of this Agreement
and/or any
applicable Reconstitution Agreement expressly provides for the survival
of
certain rights or obligations following termination of the Company
as servicer,
such provision shall be given effect.
(B) Any
failure by the Company, any Subservicer or any Participating Entity
to
deliver any information, report, certification or accountants’ letter required
under Regulation AB when and as required under Section 2(d) or 2(e),
including
any failure by the Company to identify a Participating Entity, which
continues
unremedied for ten calendar days after the date on which such information,
report, certification or accountants’ letter was required to be delivered shall
constitute an Event of Default with respect to the Company under this
Agreement
and any applicable Reconstitution Agreement, and shall entitle the
Purchaser or
Depositor, as applicable, in its sole discretion to terminate the rights
and
obligations of the Company as servicer under this Agreement and/or
any
applicable Reconstitution Agreement without payment (notwithstanding
anything in
this Agreement to the contrary) of any compensation to the Company;
provided, however
it is
understood that the Company shall retain any rights pursuant to which
it may be
entitled to receive reimbursement for unreimbursed Monthly Advances
and
Servicing Advances made by the Company under this Agreement and/or
any
applicable Reconstitution Agreement. Notwithstanding anything to the
contrary
set forth herein, to the extent that any provision of this Agreement
and/or any
applicable Reconstitution Agreement expressly provides for the survival
of
certain rights or obligations following termination of the Company
as servicer,
such provision shall be given effect.
(C) The
Company shall promptly reimburse the Purchaser (or any affected designee
of the
Purchaser, such as a master servicer) and any Depositor, as applicable,
for all
reasonable expenses incurred by the Purchaser (or such designee) or
such
Depositor as such are incurred, in connection with the termination
of the
Company as servicer and the transfer of servicing of the Mortgage Loans
to a
successor servicer. The provisions of this paragraph shall not limit
whatever
rights the Company, the Purchaser or any Depositor may have under other
provisions of this Agreement and/or any applicable Reconstitution Agreement
or
otherwise, whether in equity or at law, such as an action for damages,
specific
performance or injunctive relief.
(iii) The
Purchaser agrees to indemnify and hold harmless the Company, any Subservicer,
any Participating Entity, and, if applicable, any Third-Party Originator,
each
Person who controls any of such parties (within
the meaning of Section 15 of the Securities Act and Section 20 of the
Exchange
Act), and the
respective present and former directors, officers and employees of
each of the
foregoing from and against any losses, damages, penalties, fines, forfeitures,
legal fees and expenses and related costs, judgments, and any other
costs, fees
and expenses that any of them may sustain arising out of or based upon
any
untrue statement or alleged untrue statement of any material fact contained
in
any filing with the Commission with respect to a Securitization Transaction
or
the omission or alleged omission to state in any filing with the Commission
with
respect to a Securitization Transaction
a
material fact required to be stated or necessary to be stated in order
to make
the statements therein, in the light of the circumstances under which
they were
made, not misleading,
in each
case to the extent, but only to the extent, that such untrue statement,
alleged
untrue statement, omission, or alleged omission relates to any filing
with the
Commission with respect to a Securitization Transaction other than
the Company
Information.
(iv) If
the
indemnification provided for herein is unavailable or insufficient
to hold
harmless the indemnified party, then the indemnifying party agrees
that it shall
contribute to the amount paid or payable by such indemnified party
as a result
of any claims, losses, damages or liabilities uncured by such indemnified
party
in such proportion as is appropriate to reflect the relative fault
of such
indemnified party on the one hand and the indemnifying party on the
other.
(v) This
indemnification shall survive the termination of this Amendment Reg
AB or the
termination of any party to this Amendment Reg AB.
3. Notwithstanding
any other provision of this Amendment Reg AB, the Company shall seek
the consent
of the Purchaser for the utilization of all Subservicers and Participating
Entities, when required by and in accordance with the terms of the
Existing
Agreement.
4. The
Existing Agreement is hereby amended by adding the Exhibits attached
hereto as
Exhibit A and Exhibit B to the end thereto. References in this Amendment
Reg AB
to “this Agreement” or words of similar import (including indirect references to
the Agreement) shall be deemed to be references to the Existing Agreement
as
amended by this Amendment Reg AB. Except as expressly amended and modified
by
this Amendment Reg AB, the Agreement shall continue to be, and shall
remain, in
full force and effect in accordance with its terms. In the event of
a conflict
between this Amendment Reg AB and any other document or agreement,
including
without limitation the Existing Agreement, this Amendment Reg AB shall
control.
5. All
notification pursuant to Section 2(c)(iv) should be sent to:
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000-0000
Attention:
Conduit Seller Approval Dept.
Facsimile:
(000) 000-0000
Email:
xxxxxxxxxxxxxx@xxxx.xxx
With
a
copy to:
Bear,
Xxxxxxx & Co. Inc.
000
Xxxxxxx Xxxxxx, 0xx Xxxxx
Xxx,
Xxxx, XX 00000
Attention:
Global Credit Administration
Facsimile:
(000) 000-0000
All
notification pursuant to Section 2(c)(iv)(4) should be sent to:
EMC
Mortgage Corporation
Two
Mac
Xxxxxx Xxxxx
000
Xxxxxx Xxxxx Xxxxx, Xxxxx 000
Xxxxxx,
XX 00000
Attention:
Associate General Counsel for Loan Administration
Facsimile:
(000) 000-0000
With
copies to:
Bear,
Xxxxxxx & Co. Inc.
000
Xxxxxxx Xxxxxx, 0xx Xxxxx
Xxx,
Xxxx, XX 00000
Attention:
Global Credit Administration
Facsimile:
(000) 000-0000
EMC
Mortgage Corporation
0000
Xxxx
Xxxxx Xxxxx
Xxxxxxxxxx,
XX 00000-0000
Attention:
Conduit Seller Approval Dept.
Facsimile:
(000) 000-0000
Email:
xxxxxxxxxxxxxx@xxxx.xxx
All
notifications to any Master Servicer, to the extent such “Master Servicer” is
Xxxxx Fargo, should be sent to:
UPS/FedEx
Delivery:
0000
Xxx
Xxxxxxxxx Xxxx
Xxxxxxxx,
XX 00000
Attention:
Corporate Trust Group, [Insert Deal Name]
USPS
Delivery:
X.X.
Xxx
00
Xxxxxxxx,
XX 00000
Attention:
Corporate Trust Group, [Insert Deal Name]
6. This
Amendment Reg AB shall be governed by and construed in accordance with
the laws
of the State of New York without reference to its conflict of laws
provisions
(other than Section 5-1401 of the General Obligation Law), and the
obligations,
rights and remedies of the parties hereunder shall be determined accordance
with
such laws.
7. This
Amendment Reg AB may be executed in one or more counterparts and by
different
parties hereto on separate counterparts, each of which, when so executed,
shall
constitute one and the same agreement. This Amendment Reg AB will become
effective as of the date first mentioned above. This
Amendment Reg AB shall bind and inure to the benefit of and be enforceable
by
the Company and the Purchaser and the respective permitted successors
and
assigns of the Company and the successors and assigns of the
Purchaser.
[Signature
Page Follows]
IN
WITNESS WHEREOF, the parties have caused their names to be signed hereto
by
their respective officers thereunto duly authorized as of the day and
year first
above written.
EMC
MORTGAGE CORPORATION
Purchaser
|
|
By:
|
|
Name:
|
|
Title:
|
|
COUNTRYWIDE
HOME LOANS, INC.
Company
|
|
By:
|
|
Name:
|
|
Title:
|
EXHIBIT
A
SERVICING
CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE
The
assessment of compliance to be delivered by [the Company] [Name of
Subservicer]
shall address, at a minimum, the applicable criteria identified below
as
“Applicable Servicing Criteria”:
Servicing
Criteria
|
Applicable
Servicing Criteria
|
|
Reference
|
Criteria
|
|
|
General
Servicing Considerations
|
|
1122(d)(1)(i)
|
Policies
and procedures are instituted to monitor any performance
or other triggers
and events of default in accordance with the transaction
agreements.
|
X
|
1122(d)(1)(ii)
|
If
any material servicing activities are outsourced to third
parties,
policies and procedures are instituted to monitor the third
party’s
performance and compliance with such servicing activities.
|
X
|
1122(d)(1)(iii)
|
Any
requirements in the transaction agreements to maintain a
back-up servicer
for the mortgage loans are maintained.
|
|
1122(d)(1)(iv)
|
A
fidelity bond and errors and omissions policy is in effect
on the party
participating in the servicing function throughout the reporting
period in
the amount of coverage required by and otherwise in accordance
with the
terms of the transaction agreements.
|
X
|
|
Cash
Collection and Administration
|
|
1122(d)(2)(i)
|
Payments
on mortgage loans are deposited into the appropriate custodial
bank
accounts and related bank clearing accounts no more than
two business days
following receipt, or such other number of days specified
in the
transaction agreements.
|
X
|
1122(d)(2)(ii)
|
Disbursements
made via wire transfer on behalf of an obligor or to an investor
are made
only by authorized personnel.
|
X
|
1122(d)(2)(iii)
|
Advances
of funds or guarantees regarding collections, cash flows
or distributions,
and any interest or other fees charged for such advances,
are made,
reviewed and approved as specified in the transaction
agreements.
|
X
|
1122(d)(2)(iv)
|
The
related accounts for the transaction, such as cash reserve
accounts or
accounts established as a form of overcollateralization,
are separately
maintained (e.g., with respect to commingling of cash) as
set forth in the
transaction agreements.
|
X
|
1122(d)(2)(v)
|
Each
custodial account is maintained at a federally insured depository
institution as set forth in the transaction agreements. For
purposes of
this criterion, “federally insured depository institution” with respect to
a foreign financial institution means a foreign financial
institution that
meets the requirements of Rule 13k-1(b)(1) of the Securities
Exchange
Act.
|
X
|
1122(d)(2)(vi)
|
Unissued
checks are safeguarded so as to prevent unauthorized
access.
|
X
|
1122(d)(2)(vii)
|
Reconciliations
are prepared on a monthly basis for all asset-backed securities
related
bank accounts, including custodial accounts and related bank
clearing
accounts. These reconciliations are (A) mathematically accurate;
(B)
prepared within 30 calendar days after the bank statement
cutoff date, or
such other number of days specified in the transaction agreements;
(C)
reviewed and approved by someone other than the person who
prepared the
reconciliation; and (D) contain explanations for reconciling
items. These
reconciling items are resolved within 90 calendar days of
their original
identification, or such other number of days specified in
the transaction
agreements.
|
X
|
|
Investor
Remittances and Reporting
|
|
1122(d)(3)(i)
|
Reports
to investors, including those to be filed with the Commission,
are
maintained in accordance with the transaction agreements
and applicable
Commission requirements. Specifically, such reports (A) are
prepared in
accordance with timeframes and other terms set forth in the
transaction
agreements; (B) provide information calculated in accordance
with the
terms specified in the transaction agreements; (C) are filed
with the
Commission as required by its rules and regulations; and
(D) agree with
investors’ or the trustee’s records as to the total unpaid principal
balance and number of mortgage loans serviced by the
Servicer.
|
X
|
1122(d)(3)(ii)
|
Amounts
due to investors are allocated and remitted in accordance
with timeframes,
distribution priority and other terms set forth in the transaction
agreements.
|
X
|
1122(d)(3)(iii)
|
Disbursements
made to an investor are posted within two business days to
the Servicer’s
investor records, or such other number of days specified
in the
transaction agreements.
|
X
|
1122(d)(3)(iv)
|
Amounts
remitted to investors per the investor reports agree with
cancelled
checks, or other form of payment, or custodial bank
statements.
|
X
|
|
Pool
Asset Administration
|
|
1122(d)(4)(i)
|
Collateral
or security on mortgage loans is maintained as required by
the transaction
agreements or related mortgage loan documents.
|
X
|
1122(d)(4)(ii)
|
Mortgage
loan and related documents are safeguarded as required by
the transaction
agreements
|
X
|
1122(d)(4)(iii)
|
Any
additions, removals or substitutions to the asset pool are
made, reviewed
and approved in accordance with any conditions or requirements
in the
transaction agreements.
|
X
|
1122(d)(4)(iv)
|
Payments
on mortgage loans, including any payoffs, made in accordance
with the
related mortgage loan documents are posted to the Servicer’s obligor
records maintained no more than two business days after receipt,
or such
other number of days specified in the transaction agreements,
and
allocated to principal, interest or other items (e.g., escrow)
in
accordance with the related mortgage loan documents.
|
X
|
1122(d)(4)(v)
|
The
Servicer’s records regarding the mortgage loans agree with the Servicer’s
records with respect to an obligor’s unpaid principal
balance.
|
X
|
1122(d)(4)(vi)
|
Changes
with respect to the terms or status of an obligor's mortgage
loans (e.g.,
loan modifications or re-agings) are made, reviewed and approved
by
authorized personnel in accordance with the transaction agreements
and
related pool asset documents.
|
X
|
1122(d)(4)(vii)
|
Loss
mitigation or recovery actions (e.g., forbearance plans,
modifications and
deeds in lieu of foreclosure, foreclosures and repossessions,
as
applicable) are initiated, conducted and concluded in accordance
with the
timeframes or other requirements established by the transaction
agreements.
|
X
|
1122(d)(4)(viii)
|
Records
documenting collection efforts are maintained during the
period a mortgage
loan is delinquent in accordance with the transaction agreements.
Such
records are maintained on at least a monthly basis, or such
other period
specified in the transaction agreements, and describe the
entity’s
activities in monitoring delinquent mortgage loans including,
for example,
phone calls, letters and payment rescheduling plans in cases
where
delinquency is deemed temporary (e.g., illness or
unemployment).
|
X
|
1122(d)(4)(ix)
|
Adjustments
to interest rates or rates of return for mortgage loans with
variable
rates are computed based on the related mortgage loan
documents.
|
X
|
1122(d)(4)(x)
|
Regarding
any funds held in trust for an obligor (such as escrow accounts):
(A) such
funds are analyzed, in accordance with the obligor’s mortgage loan
documents, on at least an annual basis, or such other period
specified in
the transaction agreements; (B) interest on such funds is
paid, or
credited, to obligors in accordance with applicable mortgage
loan
documents and state laws; and (C) such funds are returned
to the obligor
within 30 calendar days of full repayment of the related
mortgage loans,
or such other number of days specified in the transaction
agreements.
|
X
|
1122(d)(4)(xi)
|
Payments
made on behalf of an obligor (such as tax or insurance payments)
are made
on or before the related penalty or expiration dates, as
indicated on the
appropriate bills or notices for such payments, provided
that such support
has been received by the servicer at least 30 calendar days
prior to these
dates, or such other number of days specified in the transaction
agreements.
|
X
|
1122(d)(4)(xii)
|
Any
late payment penalties in connection with any payment to
be made on behalf
of an obligor are paid from the servicer’s funds and not charged to the
obligor, unless the late payment was due to the obligor’s error or
omission.
|
X
|
1122(d)(4)(xiii)
|
Disbursements
made on behalf of an obligor are posted within two business
days to the
obligor’s records maintained by the servicer, or such other number
of days
specified in the transaction agreements.
|
X
|
1122(d)(4)(xiv)
|
Delinquencies,
charge-offs and uncollectible accounts are recognized and
recorded in
accordance with the transaction agreements.
|
X
|
1122(d)(4)(xv)
|
Any
external enhancement or other support, identified in Item
1114(a)(1)
through (3) or Item 1115 of Regulation AB, is maintained
as set forth in
the transaction agreements.
|
[NAME
OF COMPANY] [NAME OF SUBSERVICER]
|
|
Date:
|
|
By:
|
|
Name:
|
|
Title:
|
EXHIBIT
B
FORM
OF
ANNUAL CERTIFICATION
Re: |
The
[ ] agreement dated as of [ ],
200[ ] (the “Agreement”), among [IDENTIFY
PARTIES]
|
I,
________________________________, the _______________________ of Countrywide
Home Loans, Inc., certify to [the Purchaser], [the Depositor], [Master
Servicer], [Securities Administrator] or [Trustee], and its officers,
with the
knowledge and intent that they will rely upon this certification,
that:
(1) I
have
reviewed the servicer compliance statement of the Company provided
in accordance
with Item 1123 of Regulation AB (the “Compliance Statement”), the report on
assessment of the Company’s compliance with the servicing criteria set forth in
Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided in accordance
with Rules 13a-18 and 15d-18 under Securities Exchange Act of 1934,
as amended
(the “Exchange Act”) and Item 1122 of Regulation AB (the “Servicing
Assessment”), the registered public accounting firm’s attestation report
provided in accordance with Rules 13a-18 and 15d-18 under the Exchange
Act and
Section 1122(b) of Regulation AB (the “Attestation
Report”), and all servicing reports, officer’s certificates and other
information relating to the servicing of the Mortgage Loans by the
Company
during 200[ ] that were delivered by the Company to the [Depositor]
[Master
Servicer] [Securities Administrator] or [Trustee] pursuant to the Agreement
(collectively, the “Company Servicing Information”);
(2) Based
on
my knowledge, the Company Servicing Information, taken as a whole,
does not
contain any untrue statement of a material fact or omit to state a
material fact
necessary to make the statements made, in the light of the circumstances
under
which such statements were made, not misleading with respect to the
period of
time covered by the Company Servicing Information;
(3) Based
on
my knowledge, all of the Company Servicing Information required to
be provided
by the Company under the Agreement has been provided to the [Depositor]
[Master
Servicer] [Securities Administrator] or [Trustee];
(4) I
am
responsible for reviewing the activities performed by the Company as
servicer
under the Agreement, and based on my knowledge and the compliance review
conducted in preparing the Compliance Statement and except as disclosed
in the
Compliance Statement, the Servicing Assessment or the Attestation Report,
the
Company has fulfilled its obligations under the Agreement; and
[Intentionally
Left Blank]
(5) The
Compliance Statement required to be delivered by the Company pursuant
to this
Agreement, and the Servicing Assessment and Attestation Report required
to be
provided by the Company and by each Subservicer and Participating Entity
pursuant to the Agreement, have been provided to the [Depositor] [Master
Servicer]. Any material instances of noncompliance described in such
reports
have been disclosed to the [Depositor] [Master Servicer]. Any material
instance
of noncompliance with the Servicing Criteria has been disclosed in
such
reports.
Date:
|
|
By:
|
|
Name:
|
|
Title:
|
EXHIBIT
H-2
EMC
SERVICING AGREEMENT
______________________________________________________________________________
STRUCTURED
ASSET MORTGAGE INVESTMENTS II INC.
Owner
and
EMC
MORTGAGE CORPORATION
Servicer
SERVICING
AGREEMENT
Dated
as
of May 1, 2007
Bear
Xxxxxxx ARM Trust,
Mortgage
Pass-Through Certificates
Series
2007-4
_________________________________________________________________
EXHIBITS
Exhibit
A
|
Mortgage
Loan Schedule
|
Exhibit
B
|
Custodial
Account Letter Agreement
|
Exhibit
C
|
Escrow
Account Letter Agreement
|
Exhibit
D
|
Form
of Request for Release
|
Exhibit
E
|
Remittance
Overview Report
|
Exhibit
F
|
Remittance
Summary Report
|
Exhibit
G
|
Form
of Owner Certification
|
Exhibit
H
|
Summary
of Regulation AB Servicing Criteria
|
Exhibit
I
|
Summary
of Applicable Regulation AB Requirements
|
Exhibit
J
|
Servicing
Criteria to be Addressed in Assessment of Compliance
|
Exhibit
K
|
Default
Overview Report
|
Exhibit
L
|
Delinquent
Summary Report
|
Exhibit
M
|
Calculation
of Gain-Loss Delinquent Loans
|
Exhibit
N
|
Modified
Loans Report
|
Exhibit
O
|
Claims
Submitted Report
|
Exhibit
P
|
Loss
Severity Summary Report
|
THIS
IS A
SERVICING AGREEMENT, dated as of May 1, 2007, and is executed between Structured
Asset Mortgage Investments II Inc. (the "Owner") and EMC Mortgage Corporation
(the "Servicer").
W
I T N E
S S E T H :
WHEREAS,
the Owner is the owner of the Mortgage Loans;
WHEREAS,
the Owner and the Servicer wish to prescribe the permanent management,
servicing
and control of the Mortgage Loans;
NOW,
THEREFORE, in consideration of the mutual agreements hereinafter set forth,
and
for other good and valuable consideration, the receipt and adequacy of
which is
hereby acknowledged, the Owner and the Servicer agree as follows:
ARTICLE
I
DEFINITIONS
Section
1.01. Defined Terms.
Whenever
used in this Agreement, the following words and phrases, unless the context
otherwise requires, shall have the following meaning specified in this
Article:
Accepted
Servicing Practices: The procedures, including prudent
collection and loan administration procedures, and the standard of care
(i)
employed by prudent mortgage servicers which service mortgage loans of
the same
type as the Mortgage Loans in the jurisdictions in which the related Mortgage
Properties are located or (ii) in accordance with the Xxxxxx Mae Guide
or
Xxxxxxx Mac Guide, subject to any variances negotiated with Xxxxxx Mae
or
Xxxxxxx Mac and subject to the express provisions of this
Agreement. Such standard of care shall not be lower than that the
Servicer customarily employs and exercises in servicing and administering
similar mortgage loans for its own account and shall be in full compliance
with
all federal, state, and local laws, ordinances, rules and
regulations.
Adjustment
Date: As to each ARM Loan, the date on which the Mortgage
Interest Rate is adjusted in accordance with the terms of the related Mortgage
Note.
Agreement: This
Servicing Agreement including all exhibits hereto, amendments hereof and
supplements hereto.
ARM
Loans: First lien, conventional, 1-4 family residential Mortgage Loans with
interest rates which adjust from time to time in accordance with the related
Index and are subject to Periodic Rate Caps and Lifetime Rate Caps and
which may
permit conversion to fixed interest rates.
Business
Day: Any day other than (i) a Saturday or Sunday, or (ii) a
legal holiday in the States of Maryland, Minnesota, New York or the jurisdiction
in which the Servicer conducts its servicing activities, or (iii) a day
on which
banks in the States of Maryland, Minnesota, New York or the jurisdiction
in
which the Servicer conducts its servicing activities are authorized or
obligated
by law or executive order to be closed.
Code: The
Internal Revenue Code of 1986, as it may be amended from time to time,
or any
successor statute thereto, and applicable U.S. Department of the Treasury
regulations issued pursuant thereto.
Commission
or SEC: The Securities and Exchange Commission.
Condemnation
Proceeds: All awards or settlements in respect of a Mortgaged
Property, whether permanent or temporary, partial or entire, by exercise
of the
power of eminent domain or condemnation, to the extent not required to
be
released to a Mortgagor in accordance with the terms of the related Mortgage
Loan Documents.
Custodial
Account: One or more demand account or accounts created and
maintained pursuant to Section 4.04 which shall be entitled "BSARM 2007-4
Custodial Account in trust for XXXX XX, Owner of Whole Loan Mortgages and
various Mortgagors" established at a Qualified Depository, each of which
accounts shall be held by such Qualified Depository in a fiduciary capacity,
separate and apart from its funds and general assets.
Custodians: Xxxxx
Fargo Bank, N.A. and Treasury Bank, a Division of Countrywide Bank, FSB,
or such
other custodian as Owner shall designate.
Cut-off
Date: With respect to any Mortgage Loan, the opening of business
on the first day of the month in which the related closing date with respect
to
such Mortgage Loan occurs.
Delinquent: As
defined in the related pooling and servicing agreement.
Depositor:
The depositor, as such term is defined in Regulation AB, with respect to
any
Pass-Through Transfer.
Determination
Date: The 15th day (or if such 15th day is not a Business Day, the Business
Day immediately preceding such 15th day) of the month of the Remittance
Date.
Due
Date: Each day on which payments of principal and interest
are required to be paid in accordance with the terms of the related Mortgage
Note, exclusive of any days of grace.
Due
Period: With respect to each Remittance Date, the period
commencing on the second day of the month preceding the month of such Remittance
Date and ending on the first day of the month of the Remittance
Date.
Escrow
Account: The separate trust account or accounts created and
maintained pursuant to Section 4.06 which shall be entitled "BSARM 2007-4
Escrow
Account, in trust for XXXX XX, Owner of Whole Loan Mortgages and various
Mortgagors" and shall be established at a Qualified Depository, each of
which
accounts shall in no event contain funds in excess of the FDIC insurance
limits.
Escrow
Payments: With respect to any Mortgage Loan, the amounts
constituting ground rents, taxes, assessments, water rates, sewer rents,
municipal charges, mortgage insurance premiums, fire and hazard insurance
premiums, condominium charges, and any other payments required to be escrowed
by
the Mortgagor with the mortgagee pursuant to the Mortgage or any other
document.
Event
of Default: Any one of the conditions or circumstances
enumerated in Section 9.01.
Exchange
Act: The Securities Exchange Act of 1934, as
amended.
Xxxxxx
Mae: Xxxxxx Xxx, or any successor thereto.
Xxxxxx
Mae Guide: The Xxxxxx Xxx Selling Guide and the Xxxxxx Mae
Servicing Guide and all amendments or additions thereto.
Fidelity
Bond: A fidelity bond to be maintained by the Servicer pursuant
to Section 4.12.
FIRREA: The
Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as
amended
from time to time.
Xxxxxxx
Mac: Xxxxxxx Mac, or any successor thereto.
Xxxxxxx
Mac Guide: The Xxxxxxx Mac Selling Guide and the Xxxxxxx
Mac Servicing Guide and all amendments or additions thereto.
Full
Principal Prepayment: A Principal Prepayment made by a Mortgagor
of the entire principal balance of a Mortgage Loan.
GAAP: Generally
accepted accounting procedures, consistently applied.
HUD: The
United States Department of Housing and Urban Development or any
successor.
Index: With
respect to each ARM Loan, on the related Adjustment Date, the index used
to
determine the Mortgage Interest Rate on each such ARM Loan.
Insurance
Proceeds: With respect to each Mortgage Loan, proceeds of
insurance policies insuring the Mortgage Loan or the related Mortgaged
Property.
Lifetime
Rate Cap: With respect to each ARM Loan, the maximum
Mortgage Interest Rate over the term of such Mortgage Loan, as specified
in the
related Mortgage Note.
Liquidation
Proceeds: Amounts, other than Insurance Proceeds and
Condemnation Proceeds, received in connection with the liquidation of a
defaulted Mortgage Loan, whether through the sale or assignment of such
Mortgage
Loan, trustee's sale, foreclosure sale or otherwise, and any other amounts
received with respect to an REO Property pursuant to Section 4.13.
Margin: With
respect to each ARM Loan, the fixed percentage amount set forth in each
related
Mortgage Note which is added to the Index in order to determine the related
Mortgage Interest Rate.
Master
Servicer: EMC Mortgage Corporation, its successors in interest
and assigns, or any successor thereto designated by the Owner.
Monthly
Advance: The aggregate of the advances made by the Servicer
on any Remittance Date pursuant to Section 5.03.
Monthly
Payment: With respect to each Mortgage Loan, the scheduled
monthly payment of principal and interest thereon which is payable by the
related Mortgagor under the related Mortgage Note.
Mortgage: The
mortgage, deed of trust or other instrument securing a Mortgage Note which
creates a first lien on an unsubordinated estate in fee simple in real
property
securing the Mortgage Note.
Mortgage
Interest Rate: The annual rate at which interest accrues on
any Mortgage Loan in accordance with the provisions of the related Mortgage
Note, and in the case of an ARM Loan, as adjusted from time to time on
each
Adjustment Date for such Mortgage Loan to equal the Index for such Mortgage
Loan
plus the Margin for such Mortgage Loan, and subject to the limitations
on such
interest rate imposed by the Periodic Rate Cap and the Lifetime Rate
Cap.
Mortgage
Loan: An individual Mortgage Loan described herein and as
further identified on the Mortgage Loan Schedule, which Mortgage Loan includes
without limitation the Mortgage Loan Documents, the Monthly Payments, Principal
Prepayments, Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds,
REO Disposition Proceeds, and all other rights, benefits, proceeds and
obligations arising from or in connection with such Mortgage Loan.
Mortgage
Loan Documents: The original mortgage loan legal documents held
by the Custodian.
Mortgage
Loan Remittance Rate: With respect to each Mortgage Loan,
the annual rate of interest remitted to the Owner, which shall be equal
to the
related Mortgage Interest Rate minus the Servicing Fee Rate.
Mortgage
Loan Schedule: The schedule of Mortgage Loans attached hereto as
Exhibit A, such schedule being acceptable to the Owner and the
Servicer.
Mortgage
Note: The note or other evidence of the indebtedness of a
Mortgagor secured by a Mortgage.
Mortgaged
Property: The underlying real property securing repayment of a
Mortgage Note.
Mortgagor: The
obligor on a Mortgage Note.
Net
Liquidation Proceeds: As to any Mortgage Loan, Liquidation
Proceeds net of unreimbursed Servicing Advances, Servicing Fees and Monthly
Advances and expenses incurred by the Servicer in connection with the
liquidation of the Mortgage Loan and the related Mortgaged
Property.
Nonrecoverable
Advance: Any advance previously made by the Servicer pursuant to
Section 5.03 or any Servicing Advance proposed to be made by the Servicer
in
respect of a Mortgage Loan or REO Property which, in the good faith judgment
of
the Servicer, may not be ultimately recoverable by the Servicer from Liquidation
Proceeds or Insurance Proceeds on such Mortgage Loan or REO Property as
provided
herein. The determination by the Servicer that it has made a
Nonrecoverable Advance, or that a proposed advance may constitute a
Nonrecoverable Advance, shall be evidenced by an Officer's Certificate
of the
Servicer delivered to the Owner and detailing the reasons for such
determination.
Officer's
Certificate: A certificate signed by the Chairman of the Board,
the Vice Chairman of the Board, the President, a Senior Vice President
or a Vice
President or by the Treasurer or the Secretary or one of the Assistant
Treasurers or Assistant Secretaries of the Servicer, and delivered to the
Owner
as required by this Agreement.
Opinion
of Counsel: A written opinion of counsel, who may be an employee
of the party on behalf of whom the opinion is being given, reasonably acceptable
to the Owner.
Owner: Structured
Asset Mortgage Investments II Inc., its successors in interest and assigns
(including the Trustee in connection with a Pass-Through Transfer).
Partial
Principal Prepayment: A Principal Prepayment by a Mortgagor of a
partial principal balance of a Mortgage Loan.
Pass-Through
Transfer: Any transaction involving either (1) a sale or other transfer of
some or all of the Mortgage Loans directly or indirectly to an issuing
entity in
connection with an issuance of publicly offered or privately placed, rated
or
unrated mortgage-backed securities or (2) an issuance of publicly offered
or
privately placed, rated or unrated securities, the payments on which are
determined primarily by reference to one or more portfolios of residential
mortgage loans consisting, in whole or in part, of some or all of the Mortgage
Loans.
Periodic
Rate Cap: With respect to each ARM Loan, the maximum
increase or decrease in the Mortgage Interest Rate on any Adjustment
Date.
Permitted
Investments: Any one or more of the following obligations or
securities:
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(i)
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direct
obligations of, and obligations the timely payment of which are
fully
guaranteed by the United States of America or any agency or
instrumentality of the United States of America the obligations
of which
are backed by the full faith and credit of the United States
of
America;
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(ii)
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(a)
demand or time deposits, federal funds or bankers' acceptances
issued by
any depository institution or trust company incorporated under the
laws of the United States of America or any state thereof (including
any
Trustee or the Master Servicer) and subject to supervision and
examination
by federal and/or state banking authorities, provided that the
commercial
paper and/or the short-term deposit rating and/or the long-term
unsecured
debt obligations or deposits of such depository institution or
trust
company at the time of such investment or contractual commitment
providing
for such investment are rated in one of the two highest rating
categories
by each Rating Agency and (b) any other demand or time deposit
or
certificate of deposit that is fully insured by the Federal Deposit
Insurance Corporation;
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(iii)
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repurchase
obligations with respect to (a) any security described in clause
(i) above
or (b) any other security issued or guaranteed by an agency or
instrumentality of the United States of America, the obligations of
which are backed by the full faith and credit of the United States
of
America, in either case entered into with a depository institution
or
trust company (acting as principal) described in clause (ii)(a)
above;
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(iv)
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securities
bearing interest or sold at a discount issued by any corporation
(including any Trustee or the Master Servicer) incorporated under
the laws
of the United States of America or any state thereof that are
rated in one
of the two highest rating categories by each Rating Agency at
the time of
such investment or contractual commitment providing for such
investment; provided, however, that securities issued by any
particular corporation will not be Permitted Investments to the
extent
that investments therein will cause the then outstanding principal
amount
of securities issued by such corporation and held as Permitted
Investments to exceed 10% of the aggregate outstanding principal
balances and amounts of all the Permitted
Investments;
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(v)
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commercial
paper (including both non-interest-bearing discount obligations
and
interest-bearing obligations payable on demand or on a specified date
not more than one year after the date of issuance thereof) which are
rated in one of the two highest rating categories by each Rating
Agency at
the time of such investment;
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(vi)
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any
other demand, money market or time deposit, obligation, security
or
investment as may be acceptable to each Rating Agency;
and
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(vii)
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any
money market funds the collateral of which consists of obligations
fully
guaranteed by the United States of America or any agency or
instrumentality of the United States of America the
obligations of which are backed by the full faith and credit
of the United
States of America (which may include repurchase obligations secured
by
collateral described in clause (i)) and other securities (including
money
market or common trust funds for which any Trustee or the Master
Servicer
or any affiliate thereof acts as a manager or an advisor) and
which money
market funds are rated in one of the two highest rating categories
by each
Rating Agency;
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provided,
however, that no instrument or security shall be a Permitted Investment
if such instrument or security evidences a right to receive only interest
payments with respect to the obligations underlying such
instrument or if such security provides for payment of both principal and
interest with a yield to maturity in excess of 120% of the yield to
maturity at par.
Person: Any
individual, corporation, partnership, joint venture, association, joint-stock
company, limited liability company, trust, unincorporated organization
or
government or any agency or political subdivision thereof.
Prepayment
Charge: Any prepayment premium, penalty or charge payable by a Mortgagor
in
connection with any Principal Prepayment on a Mortgage Loan pursuant to
the
terms of the related Mortgage Note.
Prepayment
Interest Excess: With respect to any Remittance Date, for each Mortgage Loan
that was the subject of a Principal Prepayment in full or in part during
the
portion of the related Prepayment Period occurring between the first day
of the
calendar month in which such Remittance Date occurs and the Determination
Date
of the calendar month in which such Remittance Date occurs, an amount equal
to
interest (to the extent received) at the applicable Mortgage Loan Remittance
Rate on the amount of such Principal Prepayment for the number of days
commencing on the first day of the calendar month in which such Remittance
Date
occurs and ending on the last date through which interest is collected
from the
related Mortgagor.
Prepayment
Interest Shortfall: With respect to any Remittance Date, for each such
Mortgage Loan that was the subject of a Principal Prepayment during the
portion
of the related Prepayment Period occurring between the first day of the
related
Prepayment Period and the last day of the calendar month preceding the
month in
which such Remittance Date occurs, an amount equal to interest (to be paid
by
the Servicer out of its own funds without reimbursement therefor) at the
applicable Mortgage Loan Remittance Rate on the amount of such Principal
Prepayment for the number of days commencing on the date on which the prepayment
is applied and ending on the last day of the calendar month preceding such
Remittance Date.
Prepayment
Period: As to any Remittance Date, (a) in the case of Full Principal
Prepayments, the period commencing on the 16th day
of the month
prior to the month in which the related Remittance Date occurs and ending
on the
15th day
of the
month in which such Remittance Date occurs, and (b) in the case of Partial
Principal Prepayments or other recoveries, the preceding calendar
month.
Primary
Mortgage Insurance Policy: Each primary policy of mortgage
insurance, or any replacement policy therefor obtained by the Servicer
pursuant
to Section 4.08.
Prime
Rate: The prime rate of U.S. money center banks as published from time
to
time in The Wall Street Journal.
Principal
Prepayment: Any payment or other recovery of principal on a
Mortgage Loan full or partial which is received in advance of its scheduled
Due
Date, including any Prepayment Charge and which is not accompanied by an
amount
of interest representing scheduled interest due on any date or dates in
any
month or months subsequent to the month of prepayment. Partial
Principal Prepayments shall be applied in accordance with the terms of
the
related Mortgage Note.
Qualified
Appraiser: An appraiser, duly appointed by the Servicer,
who had no interest, direct or indirect in the Mortgaged Property or in
any loan
made on the security thereof, and whose compensation is not affected by
the
approval or disapproval of the Mortgage Loan, which appraiser and the appraisal
made by such appraiser both satisfy the requirements of Title XI of FIRREA
and
the regulations promulgated thereunder, all as in effect on the date the
Mortgage Loan was originated.
Qualified
Depository: (a) The Custodian, (b) a depository, the
accounts of which are insured by the FDIC and the short term debt ratings
and
the long term deposit ratings of which are rated in one of the two highest
rating categories by either of Xxxxx’x Investors Service, Inc. or Fitch, Inc.,
or (c) a depository, the short-term debt obligations, or other short-term
deposits of which are rated at least ‘A-2’ and the long-term unsecured debt
obligations of which are rated at least ‘AA-’ by Standard & Poor's Ratings
Service, a division of The XxXxxx-Xxxx Companies Inc.
Qualified
Insurer: An insurance company duly qualified as such under
the laws of the states in which the Mortgaged Properties are located, duly
authorized and licensed in such states to transact the applicable insurance
business and to write the insurance provided, approved as an insurer by
Xxxxxx
Mae and Xxxxxxx Mac.
Rating
Agency: Standard & Poor's Ratings Service, a division of The
XxXxxx-Xxxx Companies Inc., and Fitch Ratings.
Reconstitution
Agreement: Any agreement involving any Pass-Through Transfer or
Whole Loan Transfer.
Regulation
AB: Subpart 229.1100 – Asset Backed Securities (Regulation AB),
17 C.F.R. §§229.1100-229.1123, as amended from time to time, and subject to such
clarification and interpretation as have been provided by the Commission
in the
adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518,
70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission,
or
as may be provided by the Commission or its staff from time to
time.
REMIC: A
"real estate mortgage investment conduit" within the meaning of Section
860D of
the Code.
REMIC
Provisions: The provisions of the Federal income tax law relating
to a REMIC, which appear at Section 860A through 860G of the Code, and
related
provisions, and regulations, rulings or pronouncements promulgated thereunder,
as the foregoing may be in effect from time to time.
Remittance
Date: The Remittance Date shall be the 18th day of any month, or
if such 18th day is not a Business Day, the first Business Day immediately
preceding such 18th day.
REO
Disposition: The final sale by the Servicer of any REO
Property.
REO
Disposition Proceeds: Amounts received by the Servicer in
connection with a related REO Disposition.
REO
Property: A Mortgaged Property acquired by the Servicer on
behalf of the Owner as described in Section 4.13.
XXXX
XX: Structured Asset Mortgage Investments II Inc.
Sarbanes
Certification: A certification required pursuant to The Xxxxxxxx-Xxxxx Act
of 2002 and the rules and regulations of the Commission promulgated thereunder
(including any interpretations or amendments thereof by the Commission’s
staff).
Securities
Act: The Securities Act of 1933, as amended.
Servicer: EMC
Mortgage Corporation, or any of its successors in interest or any successor
under this Agreement appointed as herein provided.
Servicing
Advances: All customary, reasonable and necessary "out of
pocket" costs and expenses (including reasonable attorneys' fees and
disbursements) incurred in the performance by the Servicer of its servicing
obligations relating to each Mortgage Loan, including, but not limited
to, the
cost of (a) the preservation, restoration and protection of the Mortgaged
Property, (b) any enforcement, administrative or judicial proceedings,
or any
legal work or advice specifically related to servicing the Mortgage Loans,
including but not limited to, foreclosures, bankruptcies, condemnations,
drug
seizures, elections, foreclosures by subordinate or superior lienholders,
and
other legal actions incidental to the servicing of the Mortgage Loans (provided
that such expenses are reasonable and that the Servicer specifies the Mortgage
Loan(s) to which such expenses relate), (c) the management and liquidation
of
the Mortgaged Property if the Mortgaged Property is acquired in full or
partial
satisfaction of the Mortgage, (d) taxes, assessments, water rates, sewer
rates
and other charges which are or may become a lien upon the Mortgaged Property,
and Primary Mortgage Insurance Policy premiums and fire and hazard insurance
coverage and (e) compliance with the obligations under Section
4.08.
Servicing
Criteria: As of any date of determination, the “servicing
criteria” set forth in Item 1122(d) of Regulation AB, or any amendments thereto,
a summary of the requirements of which as of the date hereof is attached
hereto
as Exhibit H for convenience of reference only. In the event of a
conflict or inconsistency between the terms of Exhibit H and the text of
Item
1122(d) of Regulation AB, the text of Item 1122(d) of Regulation AB shall
control (or those Servicing Criteria otherwise mutually agreed to by the
Owner,
the Servicer and any Person that will be responsible for signing any Sarbanes
Certification with respect to a Pass-Through Transfer in response to evolving
interpretations of Regulation AB and incorporated into a revised Exhibit
H).
Servicing
Fee: With respect to each Mortgage Loan, the amount of the annual
servicing fee the Owner shall pay to the Servicer, which shall, for a period
of
one full month, be equal to one-twelfth of the product of (a) the
applicable Servicing Fee Rate and (b) the outstanding principal balance
of the
Mortgage Loan. Such fee shall be payable monthly, computed on the
basis of the same principal amount and period respecting which any related
interest payment on a Mortgage Loan is computed. The obligation of
the Owner to pay the Servicing Fee is limited to, and the Servicing Fee
is
payable from the interest portion of such Monthly Payment collected by
the
Servicer or as otherwise provided under Section 4.05.
Servicing
Fee Rate: The Servicing Fee Rate shall be a rate per annum equal
to 0.25%.
Servicing
File: The documents, records and other items pertaining to a
particular Mortgage Loan and any additional documents relating to such
Mortgage
Loan as are in, or as may from time to time come into, the Servicer's
possession.
Servicing
Officer: Any officer of the Servicer involved in, or
responsible for, the administration and servicing of the Mortgage Loans
whose
name appears on a list of servicing officers furnished by the Servicer
to the
Owner upon request, as such list may from time to time be amended.
Stated
Principal Balance: As to each Mortgage Loan as of any date of
determination, (i) the principal balance of such Mortgage Loan after giving
effect to payments of principal due and received or for which a Monthly
Advance
has been made, minus (ii) all amounts previously distributed to the Owner
with
respect to the Mortgage Loan representing Principal Prepayments.
Subcontractor:
Any vendor, subcontractor or other Person that is not responsible for the
overall servicing (as “servicing” is commonly understood by participants in the
mortgage-backed securities market) of Mortgage Loans but performs one or
more
discrete functions identified in Item 1122(d) of Regulation AB with respect
to
Mortgage Loans under the direction or authority of the Servicer or a
Subservicer.
Subservicer:
Any Person that services Mortgage Loans on behalf of the Servicer or any
Subservicer and is responsible for the performance (whether directly or
through
Subservicers or Subcontractors) of a substantial portion of the material
servicing functions required to be performed by the Servicer under this
Agreement or any Reconstitution Agreement that are identified in Item 1122(d)
of
Regulation AB.
Trustee: The
Person appointed as trustee in connection with any Pass-Through
Transfer.
Whole
Loan Transfer: The sale or transfer of some or all of the
ownership interest in the Mortgage Loans by the Owner to one or more third
parties in whole loan or participation format, which third party may be
Xxxxxx
Xxx or Xxxxxxx Mac.
ARTICLE
II
SERVICING
OF MORTGAGE LOANS; POSSESSION OF SERVICING FILES; BOOKS AND RECORDS; DELIVERY
OF
MORTGAGE LOAN DOCUMENTS
Section
2.01. Servicing of Mortgage Loans.
The
Servicer does hereby agree to service the Mortgage Loans in accordance
with the
terms of this Agreement. The rights of the Owner to receive payments
with respect to the Mortgage Loans shall be as set forth in this
Agreement.
Section
2.02. Maintenance of Servicing Files.
The
Servicer shall maintain a Servicing File consisting of all documents necessary
to service the Mortgage Loans. The possession of each Servicing File
by the Servicer is for the sole purpose of servicing the Mortgage Loan,
and such
retention and possession by the Servicer is in a custodial capacity
only. The Servicer acknowledges that the ownership of each Mortgage
Loan, including the Note, the Mortgage, all other Mortgage Loan Documents
and
all rights, benefits, proceeds and obligations arising therefrom or in
connection therewith, has been vested in the Owner. All rights
arising out of the Mortgage Loans including, but not limited to, all funds
received on or in connection with the Mortgage Loans and all records or
documents with respect to the Mortgage Loans prepared by or which come
into the
possession of the Servicer shall be received and held by the Servicer in
trust
for the exclusive benefit of the Owner as the owner of the related Mortgage
Loans. Any portion of the related Servicing Files retained by the
Servicer shall be appropriately identified in the Servicer's computer system
to
clearly reflect the ownership of the related Mortgage Loans by the
Owner. The Servicer shall release its custody of the contents of the
related Servicing Files only in accordance with written instructions of
the
Owner, except when such release is required as incidental to the Servicer's
servicing of the Mortgage Loans, such written instructions shall not be
required.
Section
2.03. Books and Records.
The
Servicer shall be responsible for maintaining, and shall maintain, a complete
set of books and records for the Mortgage Loans which shall be appropriately
identified in the Servicer's computer system to clearly reflect the ownership
of
the Mortgage Loan by the Owner. In particular, the Servicer shall
maintain in its possession, available for inspection by the Owner, or its
designee and shall deliver to the Owner upon demand, evidence of compliance
with
all federal, state and local laws, rules and regulations, and requirements
of
Xxxxxx Mae or Xxxxxxx Mac, as applicable, including but not limited to
documentation as to the method used in determining the applicability of
the
provisions of the Flood Disaster Protection Act of 1973, as amended, to
the
Mortgaged Property, documentation evidencing insurance coverage and eligibility
of any condominium project for approval by Xxxxxx Xxx and periodic inspection
reports as required by Section 4.13. To the extent that original
documents are not required for purposes of realization of Liquidation Proceeds
or Insurance Proceeds, documents maintained by the Servicer may be in the
form
of microfilm or microfiche or such other reliable means of recreating original
documents, including but not limited to, optical imagery techniques so
long as
the Servicer complies with the requirements of the Xxxxxx Mae
Guide.
The
Servicer shall maintain with respect to each Mortgage Loan and shall make
available for inspection by any Owner or its designee the related Servicing
File
(or copies thereof) during the time the Owner retains ownership of a Mortgage
Loan and thereafter in accordance with applicable laws and
regulations.
Section
2.04. Transfer of Mortgage Loans.
No
transfer of a Mortgage Loan may be made unless such transfer is in compliance
with the terms hereof. For the purposes of this Agreement, the Servicer
shall be
under no obligation to deal with any person with respect to this Agreement
or
any Mortgage Loan unless a notice of the transfer of such Mortgage Loan
has been
delivered to the Servicer in accordance with this Section 2.04. The
Owner may, subject to the terms of this Agreement, sell and transfer one
or more
of the Mortgage Loans in accordance with Sections 10.02 and 11.12,
provided, however, that the transferee will not be deemed to be an Owner
hereunder binding upon the Servicer unless such transferee shall agree
in
writing to be bound by the terms of this Agreement and an assignment and
assumption of this Agreement reasonably acceptable to the
Servicer. The Owner shall advise the Servicer in writing of the
transfer. Upon receipt of notice of the permitted transfer, the
Servicer shall xxxx its books and records to reflect the ownership of the
Mortgage Loans of such assignee, and shall release the previous Owner from
its
obligations hereunder with respect to the Mortgage Loans sold or
transferred.
Section
2.05. Delivery of Mortgage Loan Documents.
The
Servicer shall forward to the Custodian on behalf of the Owner original
documents evidencing an assumption, modification, consolidation or extension
of
any Mortgage Loan entered into in accordance with Section 4.01 or 6.01
within 4
week(s) of their execution; provided, however, that the Servicer shall
provide
the Custodian on behalf of the Owner with a certified true copy of any
such
document submitted for recordation within 4 week(s) after its execution,
and
shall provide the original of any document submitted for recordation or
a copy
of a recorded document if the original is not
available. If delivery is not completed within 180 days solely due to
delays in making such delivery by reason of the fact that such documents
shall
not have been returned by the appropriate recording office, the Servicer
shall
continue to use its best efforts to effect delivery as soon as possible
thereafter.
From
time
to time the Servicer may have a need for Mortgage Loan Documents to be
released
by the Custodian. If the Servicer shall require any of the Mortgage
Loan Documents, the Servicer shall notify the Custodian in writing of such
request in the form of the request for release attached hereto as Exhibit
D. The Custodian shall deliver to the Servicer within five (5)
Business Days, any requested Mortgage Loan Document previously delivered
to the
Custodian, provided that such documentation is promptly returned to the
Custodian when the Servicer no longer requires possession of the document,
and
provided that during the time that any such documentation is held by the
Servicer, such possession is in trust for the benefit of the Owner.
ARTICLE
III
REPRESENTATIONS
AND WARRANTIES OF THE SERVICER
The
Servicer represents, warrants and covenants to the Owner that as of the
date
hereof or as of such date specifically provided herein:
(a)
The Servicer is a validly existing corporation in good standing under the
laws
of the State of its organization and is qualified to transact business
in, is in
good standing under the laws of, and possesses all licenses necessary for
the
conduct of its business in, each state in which any Mortgaged Property
is
located or is otherwise exempt or not required under applicable law to
effect
such qualification or license and no demand for such qualification or license
has been made upon the Servicer by any such state, and in any event the
Servicer
is in compliance with the laws of each such State to the extent necessary
to
ensure the enforceability of each Mortgage Loan and the servicing of the
Mortgage Loans in accordance with the terms of this Agreement;
(b)
The Servicer has full power and authority to execute, deliver and perform,
and
to enter into and consummate all transactions contemplated by this Agreement
and
to conduct its business as presently conducted, has duly authorized the
execution, delivery and performance of this Agreement, has duly executed
and
delivered this Agreement, and this Agreement constitutes a legal, valid
and
binding obligation of the Servicer, enforceable against it in accordance
with
its terms subject to bankruptcy laws and other similar laws of general
application affecting rights of creditors and subject to the application
of the
rules of equity, including those respecting the availability of specific
performance;
(c)
None of the execution and delivery of this Agreement, the consummation
of the
transactions contemplated thereby and hereby, or the fulfillment of or
compliance with the terms and conditions of this Agreement will conflict
with
any of the terms, conditions or provisions of the Servicer's articles of
incorporation or by-laws or materially conflict with or result in a breach
of
any of the terms, conditions or provisions of any legal restriction or
any
agreement or instrument to which the Servicer is now a party or by which
it is
bound, or constitute a default or result in an acceleration under any of
the
foregoing, or result in the material violation of any law, rule, regulation,
order, judgment or decree to which the Servicer or its property is
subject;
(d)
There is no litigation pending or, to the Servicer's knowledge, threatened
with
respect to the Servicer which is reasonably likely to have a material adverse
effect on the execution, delivery or enforceability of this Agreement,
or which
is reasonably likely to have a material adverse effect on the financial
condition of the Servicer;
(e)
No consent, approval, authorization or order of any court or governmental
agency
or body is required for the execution, delivery and performance by the
Servicer
of or compliance by the Servicer with this Agreement or the consummation
of the
transactions contemplated by this Agreement except for consents, approvals,
authorizations and orders which have been obtained;
(f)
The Servicer is an approved seller/servicer of residential mortgage loans
for
Xxxxxx Mae and Xxxxxxx Mac. The Servicer is in good standing to
service mortgage loans for Xxxxxx Mae and Xxxxxxx Mac and no event has
occurred
which would make the Servicer unable to comply with eligibility requirements
or
which would require notification to either Xxxxxx Mae or Xxxxxxx
Mac;
(g) As
of the date of each Pass-Through Transfer, and except as has been otherwise
disclosed to the Owner, the Master Servicer and any Depositor, or disclosed
in
any public filing: (1) no default or servicing related performance trigger
has
occurred as to any other Pass-Through Transfer due to any act or failure
to act
of the Servicer; (2) no material noncompliance with applicable servicing
criteria as to any other Pass-Through Transfer has occurred, been disclosed
or
reported by the Servicer; (3) the Servicer has not been terminated as servicer
in a residential mortgage loan Pass-Through Transfer, either due to a servicing
default or to application of a servicing performance test or trigger; (4)
no
material changes to the Servicer’s servicing policies and procedures for similar
loans have occurred in the preceding three years; (5) there are no aspects
of
the Servicer’s financial condition that could have a material adverse impact on
the performance by the Servicer of its obligations hereunder; (6) there
are no
legal proceedings pending, or known to be contemplated by governmental
authorities, against the Servicer that could be material to investors in
the
securities issued in such Pass-Through Transfer; and (7) there are no
affiliations, relationships or transactions relating to the Servicer of
a type
that are described under Item 1119 of Regulation AB;
(h) If
so requested by the Owner, the Master Servicer or any Depositor on any
date, the
Servicer shall, within five Business Days following such request, confirm
in
writing the accuracy of the representations and warranties set forth in
clause
(g) of this Article or, if any such representation and warranty is not
accurate
as of the date of such request, provide reasonably adequate disclosure
of the
pertinent facts, in writing, to the requesting party;
(i) Notwithstanding
anything to the contrary in the Agreement, the Servicer shall (or shall
cause
each Subservicer) (i) immediately notify the Owner, the Master Servicer
and any
Depositor in writing of (A) any material litigation or governmental proceedings
pending against the Servicer or any Subservicer, (B) any affiliations or
relationships that develop following the closing date of a Pass-Through
Transfer
between the Servicer or any Subservicer and any of the parties specified
in
clause (7) of paragraph (g) of this Article (and any other parties identified
in
writing by the requesting party) with respect to such Pass-Through Transfer,
(C)
any Event of Default under the terms of this Agreement or any Reconstitution
Agreement, (D) any merger, consolidation or sale of substantially all
of the assets of the Servicer, and (E) the Servicer’s entry into an agreement
with a Subservicer to perform or assist in the performance of any of the
Servicer’s obligations under this Agreement or any Reconstitution Agreement and
(ii) provide to the Owner and any Depositor a description of such proceedings,
affiliations or relationships;
(j) As
a condition to the succession to the Servicer or any Subservicer as servicer
or
subservicer under this Agreement or any Reconstitution Agreement by any
Person
(i) into which the Servicer or such Subservicer may be merged or consolidated,
or (ii) which may be appointed as a successor to the Servicer or any
Subservicer, the Servicer shall provide to the Owner, the Master Servicer
and
any Depositor, at least 15 calendar days prior to the effective date of
such
succession or appointment, (x) written notice to the Owner, the Master
Servicer
and any Depositor of such succession or appointment and (y) in writing
and in
form and substance reasonably satisfactory to the Owner, the Master Servicer
and
such Depositor, all information reasonably requested by the Owner, the
Master
Servicer or any Depositor in order to comply with its reporting obligation
under
Item 6.02 of Form 8-K with respect to any class of asset-backed securities;
and
(k) Servicer
has delivered to the Owner and the Master Servicer financial statements
of its
parent, for its last two complete fiscal years. All such financial information
fairly presents the pertinent results of operations and financial position
for
the period identified and has been prepared in accordance with GAAP consistently
applied throughout the periods involved, except as set forth in the notes
thereto. There has been no change in the servicing policies and
procedures, business, operations, financial condition, properties or assets
of
the Servicer since the date of the Servicer’s financial information that would
have a material adverse effect on its ability to perform its obligations
under
this Agreement.
ARTICLE
IV
ADMINISTRATION
AND SERVICING OF MORTGAGE LOANS
Section
4.01. Servicer to Act as Servicer.
The
Servicer, as independent contract servicer, shall service and administer
the
Mortgage Loans in accordance with this Agreement and with Accepted Servicing
Practices (giving due consideration to the Owner's reliance on the Servicer),
and shall have full power and authority, acting alone, to do or cause to
be done
any and all things in connection with such servicing and administration
which
the Servicer may deem necessary or desirable and consistent with the terms
of
this Agreement and with Accepted Servicing Practices and shall exercise
the same
care that it customarily employs for its own account. In addition,
the Servicer shall furnish information regarding the borrower credit files
related to such Mortgage Loan to credit reporting agencies in compliance
with
the provisions of the Fair Credit Reporting Act and the applicable implementing
regulations. Except as set forth in this Agreement, the Servicer shall
service
the Mortgage Loans in accordance with Accepted Servicing Practices in compliance
with the servicing provisions of the Xxxxxx Xxx Guide, which include, but
are
not limited to, provisions regarding the liquidation of Mortgage Loans,
the
collection of Mortgage Loan payments, the payment of taxes, insurance and
other
charges, the maintenance of hazard insurance with a Qualified Insurer,
the
maintenance of fidelity bond and errors and omissions insurance, inspections,
the restoration of Mortgaged Property, the maintenance of Primary Mortgage
Insurance Policies, insurance claims, and title insurance, management of
REO
Property, permitted withdrawals with respect to REO Property, liquidation
reports, and reports of foreclosures and abandonments of Mortgaged Property,
the
transfer of Mortgaged Property, the release of Mortgage Loan Documents,
annual
statements, and examination of records and facilities. In the event
of any conflict, inconsistency or discrepancy between any of the servicing
provisions of this Agreement and any of the servicing provisions of the
Xxxxxx
Mae Guide, the provisions of this Agreement shall control and be binding
upon
the Owner and the Servicer. The Owner may, at its option, deliver
powers-of-attorney to the Servicer sufficient to allow the Servicer as
servicer
to execute all documentation requiring execution on behalf of Owner with
respect
to the servicing of the Mortgage Loans, including satisfactions, partial
releases, modifications and foreclosure documentation or, in the alternative,
shall as promptly as reasonably possible, execute and return such documentation
to the Servicer.
Consistent
with and in addition to the terms set forth in this Agreement and the related
Assignment and Conveyance Agreement, if a Mortgage Loan is in default or
such
default is reasonably foreseeable, the Servicer may 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,
including
without limitation, to (1) capitalize any amounts owing on the Mortgage
Loan by
adding such amount to the outstanding principal balance of the Mortgage
Loan,
(2) defer such amounts to a later date or the final payment date of such
Mortgage Loan, (3) extend the maturity of any such Mortgage Loan, (4) amend
the
related Mortgage Loan to reduce the related Mortgage Interest Rate with
respect
to any Mortgage Loan, (5) convert the Mortgage Interest Rate on any Mortgage
Loan from a fixed rate to an adjustable rate or vice versa, (6) with respect
to
a Mortgage Loan with an initial fixed rate period followed by an adjustable
rate
period, extend the fixed period and reduce the adjustable rate period,
and/or
(7) forgive the amount of any interest, principal or servicing advances
owed by
the related Mortgagor; provided that in the Servicer's reasonable and prudent
determination, such waiver, modification, postponement or indulgence: (A)
is not
materially adverse to the interests of the Purchaser on a present value
basis
using reasonable assumptions (including taking into account any estimated
Realized Loss that might result absent such action); and (B) does not amend
the
related Mortgage Note to extend the maturity thereof later than the date
of the
Latest Possible Maturity Date (as such term is defined in the related pooling
and servicing agreement); provided, further, with respect to any Mortgage
Loan
that is not in default or if default is not reasonably foreseeable, unless
the
Servicer has provided to the Purchaser a certification addressed to the
Purchaser, based on the advice of counsel or certified public accountants
that
have a national reputation with respect to taxation of REMICs that a
modification of such Mortgage Loan will not result in the imposition of
taxes on
or disqualify from REMIC status any of the REMICS and has obtained the
prior
written consent of the Purchaser, the Servicer shall not permit any modification
with respect to any Mortgage Loan. Notwithstanding the foregoing, for
any waiver, modification, postponement or indulgence (not including any
partial
releases, assumptions of mortgages or modifications of any Mortgage Loan
that is
done in connection with compliance with the Relief Act) which the Servicer
reasonably anticipates may result in a realized loss of 20% or more of
the
outstanding principal balance of a Mortgage Loan, the Servicer shall present
such proposed waiver, modification, postponement or indulgence, together
with
any supporting documentation, to the Master Servicer for consideration
and
approval. The Servicer shall submit all waivers, modifications or
variances of the terms of any Mortgage Loan with respect to partial releases,
assumptions of mortgages or for modifications done in furtherance of compliance
with Relief Act, together with any supporting documentation, to the Master
Servicer for consideration and approval.
In
the event of any such waiver, modification, postponement or indulgence
which has
been agreed to in writing by the Owner and which permits the deferral of
interest or principal payments on any Mortgage Loan, the Servicer shall,
on the
Business Day immediately preceding the related Remittance Date in any month
in
which any such principal or interest payment has been deferred, deposit
in the
Custodial Account from its own funds, in accordance with Section 4.04 and
Section 5.03, the difference between (a) such month's principal and one
month's
interest at the related Mortgage Loan Remittance Rate on the unpaid principal
balance of such Mortgage Loan and (b) the amount paid by the
Mortgagor. The Servicer shall be entitled to reimbursement for such
advances to the same extent as for all other advances pursuant to Section
4.05.
Without limiting the generality of the foregoing, the Servicer shall continue,
and is hereby authorized and empowered, to prepare, execute and deliver,
all
instruments of satisfaction or cancellation, or of partial or full release,
discharge and all other comparable instruments, with respect to the Mortgage
Loans and with respect to the Mortgaged Properties.
The
Servicer shall perform all of its servicing responsibilities hereunder
or may
cause a subservicer to perform any such servicing responsibilities on its
behalf, but the use by the Servicer of a subservicer shall not release
the
Servicer from any of its obligations hereunder and the Servicer shall remain
responsible hereunder for all acts and omissions of each subservicer as
fully as
if such acts and omissions were those of the Servicer. Any such
subservicer must be a Xxxxxx Xxx approved seller/servicer or a Xxxxxxx
Mac
seller/servicer in good standing and no event shall have occurred, including
but
not limited to, a change in insurance coverage, which would make it unable
to
comply with the eligibility requirements for lenders imposed by Xxxxxx
Xxx or
for seller/servicers by Xxxxxxx Mac, or which would require notification
to
Xxxxxx Xxx or Xxxxxxx Mac. The Servicer shall pay all fees and
expenses of each subservicer from its own funds, and a subservicer's fee
shall
not exceed the Servicing Fee.
At
the
cost and expense of the Servicer, without any right of reimbursement from
the
Custodial Account, the Servicer shall be entitled to terminate the rights
and
responsibilities of a subservicer and arrange for any servicing responsibilities
to be performed by a successor subservicer meeting the requirements in
the
preceding paragraph, provided, however, that nothing contained herein shall
be
deemed to prevent or prohibit the Servicer, at the Servicer's option, from
electing to service the related Mortgage Loans itself. In the event
that the Servicer's responsibilities and duties under this Agreement are
terminated pursuant to Section 8.04, 9.01 or 10.01, and if requested to
do so by
the Owner, the Servicer shall at its own cost and expense terminate the
rights
and responsibilities of each subservicer effective as of the date of termination
of the Servicer. The Servicer shall pay all fees, expenses or
penalties necessary in order to terminate the rights and responsibilities
of
each subservicer from the Servicer's own funds without reimbursement from
the
Owner.
Notwithstanding
any of the provisions of this Agreement relating to agreements or arrangements
between the Servicer and a subservicer or any reference herein to actions
taken
through a subservicer or otherwise, the Servicer shall not be relieved
of its
obligations to the Owner and shall be obligated to the same extent and
under the
same terms and conditions as if it alone were servicing and administering
the
Mortgage Loans. The Servicer shall be entitled to enter into an
agreement with a subservicer for indemnification of the Servicer by the
subservicer and nothing contained in this Agreement shall be deemed to
limit or
modify such indemnification.
Any
subservicing agreement and any other transactions or services relating
to the
Mortgage Loans involving a subservicer shall be deemed to be between such
subservicer and Servicer alone, and the Owner shall have no obligations,
duties
or liabilities with respect to such Subservicer including no obligation,
duty or
liability of Owner to pay such subservicer's fees and expenses. For
purposes of distributions and advances by the Servicer pursuant to this
Agreement, the Servicer shall be deemed to have received a payment on a
Mortgage
Loan when a subservicer has received such payment.
Section
4.02. Collection of Mortgage Loan
Payments.
Continuously
from the date hereof until the date each Mortgage Loan ceases to be subject
to
this Agreement, the Servicer will proceed with diligence to collect all
payments
due under each Mortgage Loan when the same shall become due and payable
and
shall, to the extent such procedures shall be consistent with this Agreement
and
the terms and provisions of related Primary Mortgage Insurance Policy,
follow
such collection procedures as it follows with respect to mortgage loans
comparable to the Mortgage Loans and held for its own
account. Further, the Servicer will take reasonable care in
ascertaining and estimating annual ground rents, taxes, assessments, water
rates, fire and hazard insurance premiums, mortgage insurance premiums,
and all
other charges that, as provided in the Mortgage, will become due and payable
to
the end that the installments payable by the Mortgagors will be sufficient
to
pay such charges as and when they become due and payable.
The
Servicer shall not waive any Prepayment Charge unless: (i) the enforceability
thereof shall have been limited by bankruptcy, insolvency, moratorium,
receivership and other similar laws relating to creditors’ rights generally,
(ii) the enforcement thereof is illegal, or any local, state or federal
agency
has threatened legal action if the prepayment penalty is enforced, (iii)
the
mortgage debt has been accelerated in connection with a foreclosure or
other
involuntary payment or (iv) such waiver is standard and customary in servicing
similar Mortgage Loans and relates to a default or a reasonably foreseeable
default and would, in the reasonable judgment of the Servicer, maximize
recovery
of total proceeds taking into account the value of such Prepayment Charge
and
the related Mortgage Loan.
Section
4.03. Realization Upon Defaulted Mortgage
Loans.
The
Servicer shall use its reasonable efforts, consistent with the procedures
that
the Servicer would use in servicing loans for its own account and the
requirements of the Xxxxxx Mae Guide, to foreclose upon or otherwise comparably
convert 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 4.01. In
determining the delinquency status of any Mortgage Loan, the Servicer will
apply
the definition of Delinquent as such term is defined under the related
pooling
and servicing agreement. The Servicer shall use its reasonable
efforts to realize upon defaulted Mortgage Loans in such manner as will
maximize
the receipt of principal and interest by the Owner, taking into account,
among
other things, the timing of foreclosure proceedings. The foregoing is
subject to the provisions that, in any case in which Mortgaged Property
shall
have suffered damage, the Servicer shall not be required to expend its
own funds
toward the restoration of such property unless it shall determine in its
discretion (i) that such restoration will increase the proceeds of liquidation
of the related Mortgage Loan to the Owner after reimbursement to itself
for such
expenses, and (ii) that such expenses will be recoverable by the Servicer
through Insurance Proceeds or Liquidation Proceeds from the related Mortgaged
Property, as contemplated in Section 4.05. The Servicer shall be
responsible for all costs and expenses incurred by it in any such proceedings
or
functions as Servicing Advances; provided, however, that it shall be entitled
to
reimbursement therefor as provided in Section 4.05. Notwithstanding
anything to the contrary contained herein, in connection with a foreclosure
or
acceptance of a deed in lieu of foreclosure, in the event the Servicer
has
reasonable cause to believe that a Mortgaged Property is contaminated by
hazardous or toxic substances or wastes, or if the Owner otherwise requests
an
environmental inspection or review of such Mortgaged Property, such an
inspection or review is to be conducted by a qualified
inspector. Upon completion of the inspection, the Servicer shall
promptly provide the Owner with a written report of the environmental
inspection. After reviewing the environmental inspection report, the
Owner shall determine how the Servicer shall proceed with respect to the
Mortgaged Property.
Section
4.04. Establishment of Custodial
Accounts; Deposits in Custodial Accounts.
The
Servicer shall segregate and hold all funds collected and received pursuant
to
each Mortgage Loan separate and apart from any of its own funds and general
assets and shall establish and maintain one or more Custodial
Accounts. Each Custodial Account shall be established with a
Qualified Depository. To the extent such funds are not deposited in a
Custodial Account, such funds may be invested in Permitted Investments
for the
benefit of the Owner (with any income earned thereon for the benefit of
the
Servicer). Custodial Accounts will be reconciled within 45 calendar
days after the bank statement cut-off date. Funds deposited in the
Custodial Account may be drawn on by the Servicer in accordance with Section
4.05. The creation of any Custodial Account shall be evidenced by a letter
agreement in the form shown in Exhibit B hereto. The original
of such letter agreement shall be furnished to the Owner upon request.
The
Servicer acknowledges and agrees that the Servicer shall bear any losses
incurred with respect to Permitted Investments. The amount of any
such losses shall be immediately deposited by the Servicer in the Custodial
Account, out of the Servicer's own funds, with no right to reimbursement
therefor.
The
Servicer shall deposit in a mortgage clearing account on a daily basis,
and in
the Custodial Account or Accounts no later than 48 hours after receipt
and
identification of funds and retain therein the following payments and
collections:
(i) all
payments on account of principal, including Principal Prepayments (exclusive
of
Prepayment Charges) and penalties, on the Mortgage Loans received after
the
Cut-off Date;
(ii) all
payments on account of interest on the Mortgage Loans adjusted to the related
Mortgage Loan Remittance Rate received after the Cut-off Date;
(iii) all
Liquidation Proceeds received after the Cut-off Date;
(iv) any
net amounts received by the Servicer after the Cut-off Date in connection
with
any REO Property pursuant to Section 4.13;
(v) all
Insurance Proceeds received after the Cut-off Date including amounts required
to
be deposited pursuant to Sections 4.08 and 4.10, other than proceeds to
be held
in the Escrow Account and applied to the restoration or repair of the Mortgaged
Property or released to the Mortgagor in accordance with the Servicer's
normal
servicing procedures, the loan documents or applicable law;
(vi) all
Condemnation Proceeds affecting any Mortgaged Property received after the
Cut-off Date other than proceeds to be held in the Escrow Account and applied
to
the restoration or repair of the Mortgaged Property or released to the
Mortgagor
in accordance with the Servicer's normal servicing procedures, the loan
documents or applicable law;
(vii) any
Monthly Advances as provided in Section 5.03;
(viii)
any amounts received after the Cut-off Date and required to be deposited
in the
Custodial Account pursuant to Section 6.02; and
(ix) with
respect to each full or partial Principal Prepayment received after the
Cut-off
Date, any Prepayment Interest Shortfalls, to the extent of the Servicer's
aggregate Servicing Fee received with respect to the related Due
Period.
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 in the nature of late payment charges, Prepayment Charges
and assumption fees, to the extent permitted by Section 6.01, and all Prepayment
Interest Excess need not be deposited by the Servicer in the Custodial
Account.
Section
4.05. Permitted Withdrawals From the Custodial
Account.
The
Servicer may, from time to time, make withdrawals from the Custodial Account
for
the following purposes:
(i) to
make payments to the Owner in the amounts and in the manner provided for
in
Section 5.01;
(ii) to
reimburse itself for Monthly Advances, the Servicer's right to reimburse
itself
pursuant to this subclause (ii) being limited to amounts received on the
related
Mortgage Loan which represent late collections (net of the related Servicing
Fees) of principal and/or interest respecting which any such advance was
made;
(iii) to
reimburse itself for unreimbursed Servicing Advances and Monthly Advances,
the
Servicer's right to reimburse itself pursuant to this subclause (iii) with
respect to any Mortgage Loan being limited to Liquidation Proceeds, Condemnation
Proceeds and Insurance Proceeds received after the Cut-off Date related
to such
Mortgage Loan; provided, however, the Servicer must provide documentation
to the
Master Servicer supporting Servicing Advances related to Liquidation Proceeds
prior to withdrawing such amounts from the Custodial Account;
(iv) to
pay to itself as servicing compensation (a) any interest earned on funds
in the
Custodial Account (all such interest to be withdrawn monthly not later
than each
Remittance Date) and (b) the Servicing Fee from that portion of any payment
recovery attributable to interest on a particular Mortgage Loan;
(v) to
reimburse itself for any Nonrecoverable Advances;
(vi) to
transfer funds to another Qualified Depository in accordance with Section
4.09
hereof;
(vii) to
reimburse itself as provided in Section 8.03 hereof;
(viii)
to remove funds inadvertently placed in the Custodial Account in error
by the
Servicer; and
(ix) to
clear and terminate the Custodial Account upon the termination of this
Agreement.
Section
4.06. Establishment of Escrow Accounts; Deposits in Escrow
Accounts.
The
Servicer shall segregate and hold all funds collected and received pursuant
to
each Mortgage Loan which constitute Escrow Payments separate and apart
from any
of its own funds and general assets and shall establish and maintain one
or more
Escrow Accounts. Each Escrow Account shall be established with a
Qualified Depository. To the extent such funds are not deposited in
an Escrow Account, such funds may be invested in Permitted
Investments. Funds deposited in an Escrow Account may be drawn on by
the Servicer in accordance with Section 4.07. The creation of any Escrow
Account
shall be evidenced by a letter agreement in the form shown in Exhibit C.
The original of such letter agreement shall be furnished to the Owner upon
request. The Servicer acknowledges and agrees that the Servicer shall
bear any losses incurred with respect to Permitted Investments. The
amount of any such losses shall be immediately deposited by the Servicer
in the
Escrow Account, as appropriate, out of the Servicer's own funds, with no
right
to reimbursement therefor.
The
Servicer shall deposit in a mortgage clearing account on a daily basis,
and in
the Escrow Account or Accounts no later than 48 hours after receipt of
funds and
retain therein:
(i) all
Escrow Payments collected on account of the Mortgage Loans, for the purpose
of
effecting timely payment of any items as are required under the terms of
this
Agreement;
(ii) all
Insurance Proceeds which are to be applied to the restoration or repair
of any
Mortgaged Property; and
(iii) all
Servicing Advances for Mortgagors whose Escrow Payments are insufficient
to
cover escrow disbursements.
The
Servicer shall make withdrawals from an Escrow Account only to effect such
payments as are required under this Agreement, and for such other purposes
as
shall be as set forth in and in accordance with Section 4.07. Except
as provided in Section 4.07, the Servicer shall be entitled to retain any
interest paid on funds deposited in an Escrow Account by the Qualified
Depository.
Section
4.07. Permitted Withdrawals From Escrow
Account.
Withdrawals
from the Escrow Account may be made by the Servicer only:
(i) to
effect timely payments of ground rents, taxes, assessments, water rates,
fire
and hazard insurance premiums, Primary Mortgage Insurance Policy premiums,
if
applicable, and comparable items;
(ii) to
reimburse Servicer for any Servicing Advance made by Servicer with respect
to a
related Mortgage Loan but only from amounts received on the related Mortgage
Loan which represent late payments or collections of Escrow Payments
thereunder;
(iii) to
refund to the Mortgagor any funds as may be determined to be
overages;
(iv) for
transfer to the Custodial Account in connection with an acquisition of
REO
Property;
(v) for
application to restoration or repair of the Mortgaged Property;
(vi) to
pay to the Servicer, or to the Mortgagor to the extent required by law,
any
interest paid on the funds deposited in the Escrow Account;
(vii) to
pay to the Mortgagors or other parties Insurance Proceeds deposited in
accordance with Section 4.06;
(viii)
to remove funds inadvertently placed in an Escrow Account in error by the
Servicer; and
(ix) to
clear and terminate the Escrow Account on the termination of this
Agreement.
As
part
of its servicing duties, the Servicer shall pay to the Mortgagors interest
on
funds in an Escrow Account, to the extent required by law, and to the extent
that interest earned on funds in the Escrow Account is insufficient, shall
pay
such interest from its own funds, without any reimbursement
therefor.
Section
4.08. Payment of Taxes, Insurance and Other Charges,
Maintenance of Primary Mortgage Insurance Policies, Collections
Thereunder.
With
respect to each Mortgage Loan, the Servicer shall maintain accurate records
reflecting the status of ground rents, taxes, assessments, water rates
and other
charges which are or may become a lien upon the Mortgaged Property and
the
status of Primary Mortgage Insurance Policy premiums and fire and hazard
insurance coverage and shall obtain, from time to time, all bills for the
payment of such charges, including renewal premiums and shall effect payment
thereof prior to the applicable penalty or termination date and at a time
appropriate for securing maximum discounts allowable, employing for such
purpose
deposits of the Mortgagor in the Escrow Account which shall have been estimated
and accumulated by the Servicer in amounts sufficient for such purposes,
as
allowed under the terms of the Mortgage or applicable law. To the
extent that the Mortgage does not provide for Escrow Payments, the Servicer
shall determine that any such payments are made by the Mortgagor when
due. The Servicer assumes full responsibility for the timely payment
of all such bills and shall effect timely payments of all such bills
irrespective of the Mortgagor's faithful performance in the payment of
same or
the making of the Escrow Payments and shall make advances from its own
funds to
effect such payments.
The
Servicer will maintain in full force and effect Primary Mortgage Insurance
Policies issued by a Qualified Insurer with respect to each Mortgage Loan
for
which such coverage is herein required. Such coverage will be
maintained until the ratio of the current outstanding principal balance
of the
related Mortgage Loan to the appraised value of the related Mortgaged Property,
based on the most recent appraisal of the Mortgaged Property performed
by a
Qualified Appraiser, such appraisal to be included in the Servicing File,
is
reduced to an amount for which Xxxxxx Xxx no longer requires such insurance
to
be maintained. The Servicer will not cancel or refuse to renew any
Primary Mortgage Insurance Policy that is required to be kept in force
under
this Agreement unless a replacement Primary Mortgage Insurance Policy for
such
canceled or nonrenewed policy is obtained from and maintained with a Qualified
Insurer. The Servicer shall not take any action which would result in
noncoverage under any applicable Primary Mortgage Insurance Policy of any
loss which, but for the actions of the Servicer would have been covered
thereunder. In connection with any assumption or substitution
agreement entered into or to be entered into pursuant to Section 6.01,
the
Servicer shall promptly notify the insurer under the related Primary Mortgage
Insurance Policy, if any, of such assumption or substitution of liability
in
accordance with the terms of such policy and shall take all actions which
may be
required by such insurer as a condition to the continuation of coverage
under
the Primary Mortgage Insurance Policy. If such Primary Mortgage
Insurance Policy is terminated as a result of such assumption or substitution
of
liability, the Servicer shall obtain a replacement Primary Mortgage Insurance
Policy as provided above.
In
connection with its activities as servicer, the Servicer agrees to prepare
and
present, on behalf of itself and the Owner, claims to the insurer under
any
Primary Mortgage Insurance Policy in a timely fashion in accordance with
the
terms of such Primary Mortgage Insurance Policy and, in this regard, to
take
such action as shall be necessary to permit recovery under any Primary
Mortgage
Insurance Policy respecting a defaulted Mortgage Loan. Pursuant to
Section 4.04, any amounts collected by the Servicer under any Primary Mortgage
Insurance Policy shall be deposited in the Custodial Account, subject to
withdrawal pursuant to Section 4.05.
Section
4.09. Transfer of Accounts.
The
Servicer may transfer the Custodial Account or the Escrow Account to a
different
Qualified Depository from time to time. The Servicer shall notify the
Owner of any such transfer within 15 Business Days of transfer. If any
one of
the investment ratings of a Qualified Depository holding funds or Eligible
Investments in the Custodial Account or Escrow Account is downgraded by
the
issuing rating agency, the Servicer shall, within three (3) Business Days
of
receipt of notice of the downgrading, transfer all such accounts, funds
and
Permitted Investments to a different Qualified Depository in accordance
with
this Agreement.
Section
4.10. Maintenance of Hazard Insurance.
The
Servicer shall cause to be maintained for each Mortgage Loan fire and hazard
insurance with extended coverage as is customary in the area where the
Mortgaged
Property is located in an amount which is equal to the lesser of (i) the
maximum
insurable value of the improvements securing such Mortgage Loan or (ii)
the
greater of (a) the outstanding principal balance of the Mortgage Loan,
and (b)
the percentage such that the proceeds thereof shall be sufficient to prevent
the
Mortgagor and/or the Mortgagee from becoming a co-insurer. If the
Mortgaged Property is in an area identified in the Federal Register by
the
Federal Emergency Management Agency as being a special flood hazard area
that
has federally-mandated flood insurance requirements, the Servicer will
cause to
be maintained a flood insurance policy meeting the requirements of the
current
guidelines of the Federal Insurance Administration with a generally acceptable
insurance carrier, in an amount representing coverage not less than the
least of
(i) the outstanding principal balance of the Mortgage Loan, (ii) the maximum
insurable value of the improvements securing such Mortgage Loan or (iii)
the
maximum amount of insurance which is available under the Flood Disaster
Protection Act of 1973, as amended. The Servicer shall also maintain
on the REO Property, fire and hazard insurance with extended coverage in
an
amount which is at least equal to the maximum insurable value of the
improvements which are a part of such property, liability insurance and,
to the
extent required and available under the Flood Disaster Protection Act of
1973,
as amended, flood insurance in an amount as provided above. Any
amounts collected by the Servicer under any such policies other than amounts
to
be deposited in the Escrow Account and applied to the restoration or repair
of
the Mortgaged Property or REO Property, or released to the Mortgagor in
accordance with the Servicer's normal servicing procedures, shall be deposited
in the Custodial Account, subject to withdrawal pursuant to Section
4.05. It is understood and agreed that no other additional insurance
need be required by the Servicer or the Mortgagor or maintained on property
acquired in respect of the Mortgage Loans, other than pursuant to the Xxxxxx
Mae
Guide or such applicable state or federal laws and regulations as shall
at any
time be in force and as shall require such additional insurance. All
such policies shall be endorsed with standard mortgagee clauses with loss
payable to the Servicer and its successors and/or assigns and shall provide
for
at least thirty days prior written notice of any cancellation, reduction
in the
amount or material change in coverage to the Servicer. The Servicer
shall not interfere with the Mortgagor's freedom of choice in selecting
either
his insurance carrier or agent, provided, however, that the Servicer shall
not
accept any such insurance policies from insurance companies unless such
companies currently reflect a General Policy Rating in Best's Key Rating
Guide
currently acceptable to Xxxxxx Xxx and are licensed to do business in the
state
wherein the property subject to the policy is located.
Section
4.11 Maintenance
of Mortgage Impairment Insurance Policy.
In
the
event that the Servicer shall obtain and maintain a mortgage impairment
or
blanket policy issued by an issuer that has a Best rating of A:VI insuring
against hazard losses on all of Mortgaged Properties securing the Mortgage
Loans, then, to the extent such policy provides coverage in an amount equal
to
the amount required pursuant to Section 4.10 and otherwise complies with
all
other requirements of Section 4.10, the Servicer shall conclusively be
deemed to
have satisfied its obligations as set forth in Section 4.10, it being understood
and agreed that such policy may contain a deductible clause, in which case
the
Servicer shall, in the event that there shall not have been maintained
on the
related Mortgaged Property or REO Property a policy complying with Section
4.10,
and there shall have been one or more losses which would have been covered
by
such policy, deposit in the Custodial Account the amount not otherwise
payable
under the blanket policy because of such deductible clause. In connection
with
its activities as Servicer of the Mortgage Loans, the Servicer agrees to
prepare
and present, on behalf of the Owner, claims under any such blanket policy
in a
timely fashion in accordance with the terms of such policy. Upon request
of the
Owner, the Servicer shall cause to be delivered to the Owner a certified
true
copy of such policy and a statement from the insurer thereunder that such
policy
shall in no event be terminated or materially modified without thirty (30)
days
prior written notice to the Owner.
Section
4.12. Fidelity Bond, Errors and Omissions
Insurance.
The
Servicer shall maintain, at its own expense, a blanket fidelity bond and
an
errors and omissions insurance policy, with broad coverage with responsible
companies that would meet the requirements of Xxxxxx Mae or Xxxxxxx Mac
on all
officers, employees or other persons acting in any capacity with regard
to the
Mortgage Loans and who handle funds, money, documents and papers relating
to the
Mortgage Loans. The Fidelity Bond and errors and omissions insurance
shall be in the form of the Mortgage Banker's Blanket Bond and shall protect
and
insure the Servicer against losses, including forgery, theft, embezzlement,
fraud, errors and omissions and negligent acts of such persons. Such
Fidelity Bond and errors and omissions insurance shall also protect and
insure
the Servicer against losses in connection with the failure to maintain
any
insurance policies required pursuant to this Agreement and the release
or
satisfaction of a Mortgage Loan without having obtained payment in full
of the
indebtedness secured thereby. No provision of this Section 4.12
requiring the Fidelity Bond and errors and omissions insurance shall diminish
or
relieve the Servicer from its duties and obligations as set forth in this
Agreement. The minimum coverage under any such Fidelity Bond and
insurance policy shall be at least equal to the corresponding amounts required
by Xxxxxx Mae in the Xxxxxx Xxx Guide or by Xxxxxxx Mac in the Xxxxxxx
Mac
Guide. The Servicer shall, upon request of Owner, deliver to the
Owner a certificate from the surety and the insurer as to the existence
of the
Fidelity Bond and errors and omissions insurance policy and shall obtain
a
statement from the surety and the insurer that such Fidelity Bond or insurance
policy shall in no event be terminated or materially modified without thirty
days prior written notice to the Owner. The Servicer shall notify the
Owner within five Business Days of receipt of notice that such Fidelity
Bond or
insurance policy will be, or has been, materially modified or
terminated. The Owner and its successors or assigns as their
interests may appear must be named as loss payees on the Fidelity Bond
and as
additional insured on the errors and omissions policy.
Section
4.13. Title, Management and Disposition of REO
Property.
In
the
event that title to any Mortgaged Property is acquired in foreclosure or
by deed
in lieu of foreclosure, the deed or certificate of sale shall be taken
in the
name of the Owner or its designee. Any such Person or Persons holding
such title other than the Owner shall acknowledge in writing that such
title is
being held as nominee for the benefit of the Owner.
The
Servicer shall assume the responsibility for marketing each REO Property
in
accordance with Accepted Servicing Practices. Thereafter, the Servicer
shall
continue to provide certain administrative services to the Owner relating
to
such REO Property as set forth in this Section 4.13. The REO Property must
be
sold within three years following the end of the calendar year of the date
of
acquisition, unless a REMIC election has been made with respect to the
arrangement under which the Mortgage Loans and REO Property are held and
(i) the
Owner shall have been supplied with an Opinion of Counsel (at the Servicer's
expense) to the effect that the holding by the related trust of such Mortgaged
Property subsequent to such three-year period (and specifying the period
beyond
such three-year period for which the Mortgaged Property may be held) will
not
result in the imposition of taxes on "prohibited transactions" of the related
trust as defined in Section 860F of the Code, or cause the related REMIC
to fail
to qualify as a REMIC, in which case the related trust may continue to
hold such
Mortgaged Property (subject to any conditions contained in such Opinion
of
Counsel), or (ii) the Owner (at the Servicer's expense) or the Servicer
shall
have applied for, prior to the expiration of such three-year period, an
extension of such three-year period in the manner contemplated by Section
856(e)(3) of the Code, in which case the three-year period shall be extended
by
the applicable period. If a period longer than three years is
permitted under the foregoing sentence and is necessary to sell any REO
Property, the Servicer shall report monthly to the Owner as to progress
being
made in selling such REO Property.
Notwithstanding
any other provision of this Agreement, if a REMIC election has been made,
no
Mortgaged Property held by a REMIC shall be rented (or allowed to continue
to be
rented) or otherwise used for the production of income by or on behalf
of the
related trust or sold or managed in such a manner or pursuant to any terms
that
would (i) cause such Mortgaged Property to fail to qualify at any time
as
"foreclosure property" within a meaning of Section 860G(a)(8) of the Code,
(ii)
subject the related trust to the imposition of any federal or state income
taxes
on "net income from foreclosure property" with respect to such Mortgaged
Property within the meaning of Section 860G(c) of the Code, or (iii) cause
the
sale of such Mortgaged Property to result in the receipt by the related
trust or
any income from non-permitted assets as described in Section 860F(a) (2)(B)
of
the Code, unless the Servicer has agreed to indemnify and hold harmless
the
related trust with respect to the imposition of any such taxes.
The
Servicer shall deposit or cause to be deposited, on a daily basis in each
Custodial Account all revenues received with respect to the related REO
Property
and shall withdraw therefrom funds necessary for the proper operation,
management and maintenance of the REO Property, including the cost of
maintaining any hazard insurance pursuant to Section 4.10 hereof. The
Servicer shall maintain separate records with respect to each REO Property
identifying all deposits and withdrawals from the Custodial Account for
each REO
Property.
The
Servicer shall furnish to the Owner on each Remittance Date, an operating
statement for each REO Property covering the operation of each REO Property
for
the previous month. Such operating statement shall be accompanied by
such other information as the Owner shall reasonably request.
The
Servicer shall, either itself or through an agent selected by the Servicer,
and
in accordance with the Xxxxxx Mae Guide, manage, conserve, protect and
operate
each REO Property in the same manner that it manages, conserves, protects
and
operates other foreclosed property for its own account, and in the same
manner
that similar property in the same locality as the REO Property is managed.
Each
REO Disposition shall be carried out by the Servicer at such price and
upon such
terms and conditions as the Servicer deems to be in the best interest of
the
Owner. The REO Disposition Proceeds from the sale of the REO Property
shall be promptly deposited in the Custodial Account. As soon as
practical thereafter, the expenses of such sale shall be paid and the Servicer
shall be entitled to reimburse itself for any related unreimbursed Servicing
Advances, unpaid Servicing Fees or Monthly Advances made. Such
reimbursement will be subject to Master Servicer approval of claims submitted
within 90 days of liquidation (such approval will be rendered within 30
days of
the Master Servicer’s receipt of the complete claim of loss notification
package), and on the Remittance Date immediately following the Principal
Prepayment Period in which such sale proceeds are received the proceeds
of such
sale deposited in the Custodial Account shall be distributed to the
Purchaser.
The
Servicer shall cause each REO Property to be inspected promptly upon the
acquisition of title thereto and shall cause each REO Property to be inspected
at least monthly thereafter or more frequently as may be required by the
circumstances. The Servicer shall make or cause the inspector to make a
written
report of each such inspection. Such reports shall be retained in the
Servicing File and copies thereof shall be forwarded by the Servicer to
the
Owner.
Section
4.14. Notification of Adjustments.
With
respect to each Mortgage Loan, the Servicer shall adjust the Mortgage Interest
Rate on the related Interest Rate Adjustment Date in compliance with
requirements of applicable law and the related Mortgage and Mortgage
Note. The Servicer shall execute and deliver any and all necessary
notices required under applicable law and the terms of the related Mortgage
Note
and Mortgage regarding the Mortgage Interest Rate adjustments. The
Servicer shall promptly, upon written request therefor, deliver to the
Owner
such notifications and any additional applicable data regarding such adjustments
and the methods used to calculate and implement such
adjustments. Upon the discovery by the Servicer or the receipt of
notice from the Owner that the Servicer has failed to adjust a Mortgage
Interest
Rate in accordance with the terms of the related Mortgage Note and Mortgage,
the
Servicer shall immediately deposit in the Custodial Account from its own
funds
the amount of any interest loss or deferral caused to the Owner
thereby.
ARTICLE
V
PAYMENTS
TO THE OWNER
Section
5.01. Remittances.
On
each
Remittance Date, the Servicer shall remit to the Owner (i) all amounts
credited
to the Custodial Account as of the close of business on the last day of
the
calendar month preceding the Determination Date, net of charges against
or
withdrawals from the Custodial Account pursuant to Section 4.05, except
(a) Full
Principal Prepayments received on or before the 15th day of the month in
which a
Remittance Date occurs shall be remitted to the Owner on the Remittance
Date of
such month, and (b) Full Principal Prepayments received after the 15th
day of
the month in which a Remittance Date occurs shall be remitted to the Owner
on
the next following Remittance Date, plus, to the extent not already deposited
in
the Custodial Account, the sum of (ii) all Monthly Advances, if any, which
the
Servicer is obligated to distribute pursuant to Section 5.03 and (iii)
all
Prepayment Interest Shortfalls the Servicer is required to make up pursuant
to
Section 4.04, minus (iv) any amounts attributable to Monthly Payments collected
after the Cut-off Date but due on a Due Date or Dates subsequent to the
last day
of the related Due Period, which amounts shall be remitted on the related
Remittance Date next succeeding the Due Period for such amounts.
With
respect to any remittance received by the Owner after the Business Day
on which
such payment was due, the Servicer shall pay to the Owner interest on any
such
late payment at an annual rate equal to the Prime Rate, adjusted as of
the date
of each change, plus two percentage points, but in no event greater than
the
maximum amount permitted by applicable law. Such interest shall be
remitted to the Owner by the Servicer on the date such late payment is
made and
shall cover the period commencing with the day following such Business
Day and
ending with the Business Day on which such payment is made, both
inclusive. The payment by the Servicer of any such interest shall not
be deemed an extension of time for payment or a waiver of any Event of
Default
by the Servicer.
Section
5.02 Statements to the Owner and the
Master Servicer.
The
Servicer shall furnish to the Owner and the Master Servicer an individual
Mortgage Loan accounting report (a ”Report”), as of the last Business Day of
each month and the end of the related Prepayment Period, as applicable,
in the
Servicer's assigned loan number order to document Mortgage Loan payment
activity
on an individual Mortgage Loan basis. With respect to each month,
such Report shall be received by the Owner and the Master Servicer no later
than
the fifth Business Day of the month of the related Remittance Date (or,
with
respect to information as to Full Principal Prepayments and prepayment
penalties
no later than one (1) Business Day after the end of each Prepayment Period),
a
report in an Excel (or compatible) electronic format, in such format as
may be
mutually agreed upon by both the Owner and the Servicer, and which shall
provide
the information required to be contained in the monthly statements to
certificateholders as specified in the related pooling and servicing Agreement,
to the extent applicable to the Servicer.
In
addition, the Servicer shall provide to the Master Servicer and the Owner
such
other information known or available to the Servicer that is necessary
in order
to provide the distribution and pool performance information as required
under
Regulation AB, as amended from time to time, as determined by the Owner
in its
sole discretion. The Servicer shall also provide a monthly report, in
the form of Exhibit E and Exhibit F hereto, or such other form as
is mutually acceptable to the Servicer, the Owner and the Master Servicer,
Exhibit K and Exhibit L with respect to defaulted mortgage loans,
Exhibit M with respect to realized losses and gains, Exhibit N
with respect to modified mortgage loans, Exhibit O with respect to claims
submitted and Exhibit P with respect to loss severity, with each such
report.
The
Servicer shall prepare and file any and all information statements or other
filings required to be delivered to any governmental taxing authority or
to
Owner or the Master Servicer pursuant to any applicable law with respect
to the
Mortgage Loans and the transactions contemplated hereby. In addition,
the Servicer shall provide the Owner and the Master Servicer with such
information concerning the Mortgage Loans as is necessary for the Owner
and the
Master Servicer to prepare its federal income tax return as Owner and the
Master
Servicer may reasonably request from time to time.
In
addition, not more than 60 days after the end of each calendar year, the
Servicer shall furnish to each Person who was an Owner and the Master Servicer
at any time during such calendar year an annual statement in accordance
with the
requirements of applicable federal income tax law as to the aggregate of
remittances of principal and interest for the applicable portion of such
year.
Section
5.03. Monthly Advances by the Servicer.
Not
later
than the close of business on the Business Day preceding each Remittance
Date,
the Servicer shall deposit in the Custodial Account an amount equal to
all
payments not previously advanced by the Servicer, whether or not deferred
pursuant to Section 4.01, of Monthly Payments, adjusted to the related
Mortgage
Loan Remittance Rate, which are delinquent at the close of business on
the
related Determination Date; provided, however, that the amount of any such
deposit may be reduced by the Amount Held for Future Distribution (as defined
below) then on deposit in the Custodial Account. Any portion of the
Amount Held for Future Distribution used to pay Monthly Advances shall
be
replaced by the Servicer by deposit into the Custodial Account on any future
Remittance Date to the extent that the funds that are available in the
Custodial
Account for remittance to the Owner on such Remittance Date are less than
the
amount of payments required to be made to the Owner on such Remittance
Date.
The
"Amount Held for Future Distribution" as to any Remittance Date shall be
the
total of the amounts held in the Custodial Account at the close of business
on
the preceding Determination Date which were received after the Cut-off
Date on
account of (i) Liquidation Proceeds, Insurance Proceeds, and Principal
Prepayments received or made in the month of such Remittance Date, 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.
The
Servicer's obligation to make such Monthly Advances as to any Mortgage
Loan will
continue through the final disposition or liquidation of the Mortgaged
Property,
unless the Servicer deems such advance to be nonrecoverable from Liquidation
Proceeds, REO Disposition Proceeds or Insurance Proceeds with respect to
the
applicable Mortgage Loan. In such latter event, the Servicer shall
deliver to the Owner an Officer's Certificate of the Servicer to the effect
that
an officer of the Servicer has reviewed the related Servicing File and
has
obtained a recent appraisal and has made the reasonable determination that
any
additional advances are nonrecoverable from Liquidation or Insurance Proceeds
with respect to the applicable Mortgage Loan.
Section
5.04. Liquidation Reports.
Upon
the
foreclosure sale of any Mortgaged Property or the acquisition thereof by
the
Owner pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit
to the Owner a liquidation report with respect to such Mortgaged Property
in
such form as the Servicer and the Owner shall agree. The Servicer
shall also provide reports on the status of REO Property containing such
information as Owner may reasonably require.
ARTICLE
VI
GENERAL
SERVICING PROCEDURES
Section
6.01. Assumption Agreements.
The
Servicer will, to the extent it has knowledge of any conveyance or prospective
conveyance by any Mortgagor of a Mortgaged Property (whether by absolute
conveyance or by contract of, sale, and whether or not the Mortgagor remains
or
is to remain liable under the Mortgage Note and/or the Mortgage), exercise
its
rights to accelerate the maturity of such Mortgage Loan under any "due-on-sale"
clause to the extent permitted by law; provided, however, that the Servicer
shall not exercise any such rights if prohibited by law or the terms of
the
Mortgage Note from doing so or if the exercise of such rights would impair
or
threaten to impair any recovery under the related Primary Mortgage Insurance
Policy, if any. If the Servicer reasonably believes it is unable
under applicable law to enforce such "due-on-sale" clause, the Servicer,
will
enter into an assumption agreement with the person to whom the Mortgaged
Property has been conveyed or is proposed to be conveyed, pursuant to which
such
person becomes liable under the Mortgage Note and, to the extent permitted
by
applicable state law, the Mortgagor remains liable thereon. Where an
assumption is allowed pursuant to this Section 6.01, the Servicer, with
the
prior consent of the primary mortgage insurer, if any, is authorized to
enter
into a substitution of liability agreement with the person to whom the
Mortgaged
Property has been conveyed or is proposed to be conveyed pursuant to which
the
original mortgagor is released from liability and such Person is substituted
as
mortgagor and becomes liable under the related Mortgage Note. Any
such substitution of liability agreement shall be in lieu of an assumption
agreement.
In
connection with any such assumption or substitution of liability, the Servicer
shall follow the underwriting practices and procedures of the Xxxxxx Xxx
Guide. With respect to an assumption or substitution of liability,
the Mortgage Interest Rate borne by the related Mortgage Note and the amount
of
the Monthly Payment may not be changed. The Servicer shall notify the
Owner that any such substitution of liability or assumption agreement has
been
completed by forwarding to the Owner the original of any such substitution
of
liability or assumption agreement, which document shall be added to the
related
Mortgage Loan Documents and shall, for all purposes, be considered a part
of
such related mortgage file to the same extent as all other documents and
instruments constituting a part thereof. All fees collected by the
Servicer for entering into an assumption or substitution of liability agreement
shall belong to the Servicer.
Notwithstanding
the foregoing paragraphs of this section or any other provision of this
Agreement, the Servicer shall not be deemed to be in default, breach or
any
other violation of its obligations hereunder by reason of any assumption
of a
Mortgage Loan by operation of law or any assumption which the Servicer
may be
restricted by law from preventing, for any reason whatsoever. For
purposes of this Section 6.01, the term "assumption" is deemed to also
include a
sale of the Mortgaged Property subject to the Mortgage that is not accompanied
by an assumption or substitution of liability agreement.
Section
6.02. Satisfaction of Mortgages and Release of Mortgage
Loan Documents.
Upon
the
payment in full of any Mortgage Loan, the Servicer will immediately notify
the
Custodian with a certification and request for release by a Servicing Officer,
which certification shall include a statement to the effect that all amounts
received in connection with such payment which are required to be deposited
in
the Custodial Account pursuant to Section 4.04 have been so deposited,
and a
request for delivery to the Servicer of the portion of the Mortgage Loan
Documents held by the Custodian. Upon receipt of such certification
and request, the Owner shall promptly release or cause the Custodian to
promptly
release the related Mortgage Loan Documents to the Servicer and the Servicer
shall prepare and deliver for execution by the Owner or at the Owner's
option
execute under the authority of a power of attorney delivered to the Servicer
by
the Owner any satisfaction or release. No expense incurred in
connection with any instrument of satisfaction or deed of reconveyance
shall be
chargeable to the Custodial Account.
In
the
event the Servicer satisfies or releases a Mortgage without having obtained
payment in full of the indebtedness secured by the Mortgage or should it
otherwise prejudice any right the Owner may have under the mortgage instruments,
the Servicer, upon written demand, shall remit within one Business Day
to the
Owner the then outstanding principal balance of the related Mortgage Loan
by
deposit thereof in the Custodial Account. The Servicer shall maintain
the Fidelity Bond insuring the Servicer against any loss it may sustain
with
respect to any Mortgage Loan not satisfied in accordance with the procedures
set
forth herein.
From
time
to time and as appropriate for the servicing or foreclosure of the Mortgage
Loans, including for the purpose of collection under any Primary Mortgage
Insurance Policy, upon request of the Servicer and delivery to the Custodian
of
a servicing receipt signed by a Servicing Officer, the Custodian shall
release
the portion of the Mortgage Loan Documents held by the Custodian to the
Servicer. Such servicing receipt shall obligate the Servicer to promptly
return
the related Mortgage Loan Documents to the Custodian, when the need therefor
by
the Servicer no longer exists, unless the Mortgage Loan has been liquidated
and
the Liquidation Proceeds relating to the Mortgage Loan have been deposited
in
the Custodial Account or such documents have been delivered 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 Servicer
has
promptly delivered to the Owner or the Custodian a certificate of a Servicing
Officer certifying as to the name and address of the Person to which such
documents were delivered and the purpose or purposes of such
delivery. Upon receipt of a certificate of a Servicing Officer
stating that such Mortgage Loan was liquidated, the servicing receipt shall
be
released by the Owner or the Custodian, as applicable, to the
Servicer.
Section
6.03. Servicing Compensation.
As
compensation for its services hereunder, the Servicer shall be entitled
to
withdraw from the Custodial Account or to retain from interest payments
on the
Mortgage Loans the amounts provided for as the Servicer's Servicing
Fee. Additional servicing compensation in the form of assumption
fees, as provided in Section 6.01, late payment charges and other ancillary
fees
shall be retained by the Servicer to the extent not required to be deposited
in
the Custodial Account. The Servicer shall be required to pay all
expenses incurred by it in connection with its servicing activities hereunder
and shall not be entitled to reimbursement therefor except as specifically
provided for.
Section
6.04. Annual Statement as to Compliance; Annual
Certification.
(a) The
Servicer will deliver to the Owner and the Master Servicer, not later than
March
15th of each calendar year beginning in 2008, an Officer’s Certificate (an
“Annual Statement of Compliance”) stating, as to each signatory thereof, that
(i) a review of the activities of the Servicer during the preceding calendar
year and of performance under this Agreement or other applicable servicing
agreement has been made under such officer’s supervision and (ii) to the best of
such officer’s knowledge, based on such review, the Servicer has fulfilled all
of its obligations under this Agreement or other applicable servicing agreement
in all material respects throughout such year, or, if there has been a
failure
to fulfill any such obligation in any material respect, specifying each
such
failure known to such officer and the nature and status of cure provisions
thereof. Such Annual Statement of Compliance shall contain no
restrictions or limitations on its use. Copies of such statement
shall be provided by the Servicer to the Owner upon request and by the
Owner to
any Person identified as a prospective purchaser of the Mortgage
Loans. In the event that the Servicer has delegated any servicing
responsibilities with respect to the Mortgage Loans to a Subservicer, the
Servicer shall deliver an Annual Statement of Compliance of the Subservicer
as
described above as to each Subservicer as and when required with respect
to the
Servicer.
(b) With
respect to the Mortgage Loans, by March 15th of each calendar year beginning
in
2008, an officer of the Servicer shall execute and deliver an Officer’s
Certificate (an “Annual Certification”) to the Owner, the Master Servicer, the
Trustee, and any related Depositor for the benefit of each such entity
and such
entity’s affiliates and the officers, directors and agents of any such entity
and such entity’s affiliates, in the form attached hereto as Exhibit
G. In the event that the Servicer has delegated any servicing
responsibilities with respect to the Mortgage Loans to a Subservicer or
a
Subcontractor, to the extent such Subcontractor is “participating in the
servicing function” pursuant to Item 1122 of Regulation AB, the Servicer shall
deliver an Annual Certification as to each such Subservicer and Subcontractor,
as and when required with respect to the Servicer.
In
the
event the Servicer or any Subservicer or Subcontractor engaged by it is
terminated, assigns its rights and obligations under, or resigns pursuant
to the
terms of this Agreement, or any other applicable agreement in the case
of a
Subservicer or Subcontractor, as the case may be, such party shall provide
an
Annual Statement of Compliance pursuant to this Section 6.04 or to the
related
section of such other applicable agreement, as the case may be, as to the
performance of its obligations with respect to the period of time it was
subject
to this Agreement or any other applicable agreement, as the case may be,
notwithstanding any such termination, assignment or resignation.
The
Servicer shall indemnify and hold harmless the Master Servicer and its
officers,
directors, agents and affiliates from and against any losses, damages,
penalties, fines, forfeitures, reasonable legal fees and related costs,
judgments and other costs and expenses arising out of or based upon a breach
by
the Servicer or any of its officers, directors, agents or affiliates of
its
obligations under this Section 6.04 or Section 6.09 or the negligence,
bad faith
or willful misconduct of the Servicer in connection therewith. If the
indemnification provided for herein is unavailable or insufficient to hold
harmless the Master Servicer, then the Servicer agrees that it shall contribute
to the amount paid or payable by the Master Servicer as a result of the
losses,
claims, damages or liabilities of the Master Servicer in such proportion
as is
appropriate to reflect the relative fault of the Master Servicer on the
one hand
and the Servicer on the other in connection with a breach of the Servicer’s
obligations under this Section 6.04 or Section 6.09 or the Servicer’s
negligence, bad faith or willful misconduct in connection
therewith.
Upon
request by the Owner or the Master Servicer, the Servicer will deliver
to such
requesting party a copy of the audited (if such financial statements are
available, otherwise unaudited) financial statements of the Servicer for
the
most recent fiscal year of the Servicer.
Section
6.05. [Reserved]
Section
6.06. Owner's Right to Examine Servicer
Records.
The
Owner
shall have the right to examine and audit, at its expense, upon reasonable
notice to the Servicer, during business hours or at such other times as
might be
reasonable under applicable circumstances, any and all of the books, records,
documentation or other information of the Servicer, or held by another
for the
Servicer or on its behalf or otherwise, which relate to the performance
or
observance by the Servicer of the terms, covenants or conditions of this
Agreement.
The
Servicer shall provide to the Owner and any supervisory agents or examiners
representing a state or federal governmental agency having jurisdiction
over the
Owner access to any documentation regarding the Mortgage Loans in the possession
of the Servicer which may be required by any applicable
regulations. Such access shall be afforded without charge, upon
reasonable request, during normal business hours and at the offices of
the
Servicer, and in accordance with the applicable federal or state government
regulations.
Section
6.07. Compliance with REMIC Provisions.
If
a
REMIC election has been made with respect to the arrangement under which
the
Mortgage Loans and REO Property are held, the Servicer shall not take any
action, cause the REMIC to take any action or fail to take (or fail to
cause to
be taken) any action that, under the REMIC Provisions, if taken or not
taken, as
the case may be could (i) endanger the status of the REMIC as a REMIC or
(ii)
result in the imposition of a tax upon the 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 "contribution" to a REMIC set forth in Section 860G(d)
of
the Code unless the Servicer has received an Opinion of Counsel (at the
expense
of the party seeking to take such actions) to the effect that the contemplated
action will not endanger such REMIC status or result in the imposition
of any
such tax.
Section
6.08. Non-solicitation.
The
Servicer shall not knowingly conduct any solicitation exclusively targeted
to
the Mortgagors for the purpose of inducing or encouraging the early prepayment
or refinancing of the related Mortgage Loans. It is understood and
agreed that promotions undertaken by the Servicer or any agent or affiliate
of
the Servicer which are directed to the general public at large, including,
without limitation, mass mailings based on commercially acquired mailing
lists,
newspaper, radio and television advertisements shall not constitute solicitation
under this section. Nothing contained herein shall prohibit the
Servicer from (i) distributing to Mortgagors any general advertising including
information brochures, coupon books, or other similar documentation which
indicates services the Servicer offers, including refinances or (ii) providing
financing of home equity loans to Mortgagors at the Mortgagor's
request.
Section
6.09. Assessment of Compliance with Servicing
Criteria.
On
and
after January 1, 2007, the Servicer shall service and administer, and shall
cause each subservicer to service or administer, the Mortgage Loans in
accordance with all applicable requirements of the Servicing
Criteria.
With
respect to the Mortgage Loans, the Servicer shall deliver to the Owner
or its
designee, the Master Servicer, the Trustee, and any Depositor on or before
March
15th of each calendar year beginning in 2008, a report (an “Assessment of
Compliance”) regarding the Servicer’s assessment of compliance with the
Servicing Criteria during the preceding calendar year as required by Rules
13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, or
as
otherwise required by the Master Servicer, which as of the date hereof,
require
a report by an authorized officer of the Servicer that contains the
following:
(a) A
statement by such officer of its responsibility for assessing compliance
with
the Servicing Criteria applicable to the Servicer;
(b) A
statement by such officer that such officer used the Servicing Criteria
to
assess compliance with the Servicing Criteria applicable to the
Servicer;
(c) An
assessment by such officer of the Servicer’s compliance with the applicable
Servicing Criteria for the period consisting of the preceding calendar
year,
including disclosure of any material instance of noncompliance with respect
thereto during such period, which assessment shall be based on the activities
it
performs with respect to asset-backed securities transactions taken as
a whole
involving the Servicer, that are backed by the same asset type as the Mortgage
Loans;
(d) A
statement that a registered public accounting firm has issued an attestation
report on the Servicer’s Assessment of Compliance for the period consisting of
the preceding calendar year; and
(e) A
statement as to which of the Servicing Criteria, if any, are not applicable
to
the Servicer, which statement shall be based on the activities it performs
with
respect to asset-backed securities transactions taken as a whole involving
the
Servicer, that are backed by the same asset type as the Mortgage
Loans.
Such
report at a minimum shall address each of the Servicing Criteria specified
on
Exhibit J hereto.
With
respect to the Mortgage Loans, on or before March 15th of each calendar
year
beginning in 2008, the Servicer shall furnish to the Owner or its designee,
the
Master Servicer, the Trustee and any Depositor a report (an “Attestation
Report”) by a registered public accounting firm that attests to, and reports on,
the Assessment of Compliance made by the Servicer, as required by Rules
13a-18
and 15d-18 of the Exchange Act and Item 1122(b) of Regulation AB, or as
otherwise required by the Master Servicer, which Attestation Report must
be made
in accordance with standards for attestation reports issued or adopted
by the
Public Company Accounting Oversight Board.
The
Servicer shall cause each Subservicer, and each Subcontractor determined
by the
Servicer pursuant to Section 11.15 to be “participating in the servicing
function” within the meaning of Item 1122 of Regulation AB, to deliver to the
Owner, the Master Servicer, the Trustee and any Depositor an assessment
of
compliance and accountants’ attestation as and when provided in Section
6.09.
In
the
event the Servicer or any Subservicer or Subcontractor engaged by it is
terminated, assigns its rights and obligations under, or resigns pursuant
to,
the terms of this Agreement, or any other applicable agreement in the case
of a
Subservicer or Subcontractor, as the case may be, such party shall provide
an
Assessment of Compliance and cause to be provided an Attestation Report
pursuant
to this Section 6.09 or to the related section of such other applicable
agreement, as the case may be, notwithstanding any such termination, assignment
or resignation.
Section
6.10. Intent of the Parties;
Reasonableness.
The
Owner
and the Servicer acknowledge and agree that a purpose of clause (g) of
Article
III, Sections 5.02, 6.04, 6.09 and 10.02 of this Agreement is to facilitate
compliance by the Owner and any Depositor with the provisions of Regulation
AB
and related rules and regulations of the Commission. None of the Owner,
the
Master Servicer or any Depositor shall exercise its right to request delivery
of
information or other performance under these provisions other than in good
faith, or for purposes other than compliance with the Securities Act, the
Exchange Act and the rules and regulations of the Commission thereunder.
The
Servicer acknowledges that interpretations of the requirements of Regulation
AB
may change over time, whether due to interpretive guidance provided by
the
Commission or its staff, consensus among participants in the asset-backed
securities markets, advice of counsel, or otherwise, and agrees to comply
with
requests made by the Owner or any Depositor in good faith for delivery
of
information under these provisions on the basis of evolving interpretations
of
Regulation AB. In connection with any Pass-Through Transfer, the Servicer
shall
cooperate fully with the Owner to deliver to the Owner (including any of
its
assignees or designees) and any Depositor, any and all statements, reports,
certifications, records and any other information necessary in the good
faith
determination of the Owner or any Depositor to permit the Owner or such
Depositor to comply with the provisions of Regulation AB, together with
such
disclosures relating to the Servicer, any Subservicer and the Mortgage
Loans, or
the servicing of the Mortgage Loans, reasonably believed by the Owner or
any
Depositor to be necessary in order to effect such compliance.
ARTICLE
VII
REPORTS
TO BE PREPARED BY SERVICER
Section
7.01. Servicer Shall Provide Information as Reasonably
Required.
The
Servicer shall furnish to the Owner upon request, during the term of this
Agreement, such periodic, special or other reports or information, whether
or
not provided for herein, as shall be necessary, reasonable or appropriate
with
respect to the purposes of this Agreement. The Servicer may negotiate
with the Owner for a reasonable fee for providing such report or information,
unless (i) the Servicer is required to supply such report or information
pursuant to any other section of this Agreement, or (ii) the report or
information has been requested in connection with Internal Revenue Service
or
other regulatory agency requirements. All such reports or information
shall be provided by and in accordance with all reasonable instructions
and
directions given by the Owner. The Servicer agrees to execute and deliver
all
such instruments and take all such action as the Owner, from time to time,
may
reasonably request in order to effectuate the purpose and to carry out
the terms
of this Agreement.
ARTICLE
VIII
THE
SERVICER
Section
8.01. Indemnification; Third Party Claims.
The
Servicer agrees to indemnify the Owner, its successors and assigns, any
agent of
the Owner, and the Master Servicer, and hold each of such Persons harmless
from
and against any and all claims, losses, damages, penalties, fines, forfeitures,
legal fees and related costs, judgments, and any other costs, fees and
expenses
that such Person may sustain in any way related to the failure of the Servicer
to perform in any way its duties and service the Mortgage Loans in strict
compliance with the terms of this Agreement and for breach of any representation
or warranty of the Servicer contained herein. The Servicer shall
immediately notify the Owner or other indemnified Person if a claim is
made by a
third party with respect to this Agreement or the Mortgage Loans, assume
(with
the consent of the Owner and such other Indemnified Person and with counsel
reasonably satisfactory to the Owner and such Person) the defense of any
such
claim and pay all expenses in connection therewith, including counsel fees,
and
promptly pay, discharge and satisfy any judgment or decree which may be
entered
against it or such other indemnified Person in respect of such claim but
failure
to so notify the Owner and such other indemnified Person shall not limit
its
obligations hereunder. The Servicer agrees that it will not enter
into any settlement of any such claim without the consent of the Owner
and such
other indemnified Person unless such settlement includes an unconditional
release of the Owner and such other indemnified Person from all liability
that
is the subject matter of such claim. The provisions of this Section
8.01 shall survive termination of this Agreement.
Section
8.02. Merger or Consolidation of the
Servicer.
The
Servicer will keep in full effect its existence, rights and franchises
as a
corporation under the laws of the state of its incorporation except as
permitted
herein, and will 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
or any
of the Mortgage Loans and to perform its duties under this
Agreement.
Any
Person into which the Servicer may be merged or consolidated, or any corporation
resulting from any merger, conversion or consolidation to which the Servicer
shall be a party, or any Person succeeding to the business of the Servicer
whether or not related to loan servicing, shall be the successor of the
Servicer
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
shall
be an institution (i) having a GAAP net worth of not less than $25,000,000,
(ii)
the deposits of which are insured by the FDIC, or which is a HUD-approved
mortgagee whose primary business is in origination and servicing of first
lien
mortgage loans, and (iii) which is a Xxxxxx Mae or Xxxxxxx Mac approved
seller/servicer in good standing.
Section
8.03. Limitation on Liability of the Servicer and
Others.
Neither
the Servicer nor any of the officers, employees or agents of the Servicer
shall
be under any liability to the Owner 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 made in good faith; provided, however, that this provision
shall not
protect the Servicer or any such person against any breach of warranties
or
representations made herein, or failure to perform in any way its obligations
in
compliance with any standard of care set forth in this Agreement, or any
liability which would otherwise be imposed by reason of gross negligence
or any
breach of the terms and conditions of this Agreement. The Servicer
and any officer, employee or agent of the Servicer may rely in good faith
on any
document of any kind prima facie properly executed and submitted by the
Owner
respecting any matters arising hereunder. The Servicer shall not be
under any obligation to appear in, prosecute or defend any legal action
which is
not incidental to its duties to service the Mortgage Loans in accordance
with
this Agreement and which in its opinion may involve it in any expenses
or
liability; provided, however, that the Servicer may, with the consent of
the
Owner, which consent shall not be unreasonably withheld, undertake any
such
action which it may deem necessary or desirable with respect to this Agreement
and the rights and duties of the parties hereto. In such event, the
reasonable legal expenses and costs of such action and any liability resulting
therefrom shall be expenses, costs and liabilities for which the Owner
will be
liable, and the Servicer shall be entitled to be reimbursed therefor from
the
Custodial Account pursuant to Section 4.05.
Section
8.04. Servicer Not to Resign.
The
Servicer shall not resign from the obligations and duties hereby imposed
on it
except by mutual consent of the Servicer and the Owner or upon the determination
that its duties hereunder are no longer permissible under applicable law
and
such incapacity cannot be cured by the Servicer. Any such
determination permitting the resignation of the Servicer shall be evidenced
by
an Opinion of Counsel to such effect delivered to the Owner which Opinion
of
Counsel shall be in form and substance acceptable to the Owner. No
such resignation shall become effective until a successor shall have assumed
the
Servicer's responsibilities and obligations hereunder in the manner provided
in
Section 11.01.
Section
8.05. No Transfer of Servicing.
With
respect to the retention of the Servicer to service the Mortgage Loans
hereunder, the Servicer acknowledges that the Owner has acted in reliance
upon
the Servicer's independent status, the adequacy of its servicing facilities,
plan, personnel, records and procedures, its integrity, reputation and
financial
standing and the continuance thereof. Without in any way limiting the
generality of this section, the Servicer shall not either assign this Agreement
or the servicing hereunder or delegate its rights or duties hereunder or
any
portion thereof, or sell or otherwise dispose of all or substantially all
of its
property or assets, without the prior written approval of the Owner, which
approval shall not be unreasonably withheld; provided that the Servicer
may
assign the Agreement and the servicing hereunder without the consent of
Owner to
an affiliate of the Servicer to which all servicing of the Servicer is
assigned
so long as (i) such affiliate is a Xxxxxx Xxx and Xxxxxxx Mac approved
servicer
and (ii) if it is intended that such affiliate be spun off to the shareholders
of the Servicer, such affiliate have a GAAP net worth of at least $25,000,000
and (iii) such affiliate shall deliver to the Owner a certification pursuant
to
which such affiliate shall agree to be bound by the terms and conditions
of this
Agreement and shall certify that such affiliate is a Xxxxxx Mae and Xxxxxxx
Mac
approved servicer in good standing.
ARTICLE
IX
DEFAULT
Section
9.01. Events of Default.
In
case
one or more of the following Events of Default by the Servicer shall occur
and
be continuing, that is to say:
(i) any
failure by the Servicer to remit to the Owner any payment required to be
made
under the terms of this Agreement which continues unremedied for one (1)
Business Day after written notice thereof (it being understood that this
subparagraph shall not affect Servicer's obligation pursuant to Section
5.01 to
pay default interest on any remittance received by the Owner after the
Business
Day on which such payment was due); or
(ii) any
failure on the part of the Servicer duly to observe or perform in any material
respect any other of the covenants or agreements on the part of the Servicer
set
forth in this Agreement (other than those described in clause (ix) hereof),
the
breach of which has a material adverse effect and which continue unremedied
for
a period of thirty days (except that such number of days shall be fifteen
in the
case of a failure to pay any premium for any insurance policy required
to be
maintained under this Agreement and such failure shall be deemed to have
a
material adverse effect) after the date on which written notice of such
failure,
requiring the same to be remedied, shall have been given to the Servicer
by the
Owner; or
(iii) a
decree or order of a court or agency or supervisory authority having
jurisdiction for the appointment of a conservator or receiver or liquidator
in
any insolvency, bankruptcy, readjustment of debt, marshaling of assets
and
liabilities or similar proceedings, or for the winding-up or liquidation
of its
affairs, shall have been entered against the Servicer and such decree or
order
shall have remained in force undischarged or unstayed for a period of sixty
days; or
(iv) the
Servicer shall consent to the appointment of a conservator or receiver
or
liquidator in any insolvency, bankruptcy, readjustment of debt, marshaling
of
assets and liabilities or similar proceedings of or relating to the Servicer
or
of or relating to all or substantially all of its property; or
(v) the
Servicer shall admit in writing its inability to pay its debts generally
as they
become due, file a petition to take advantage of 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
Servicer ceases to be approved by either Xxxxxx Mae or Xxxxxxx Mac (to
the
extent such entities are then operating in a capacity similar to that in
which
they operate on the date hereof) as a mortgage loan servicer for more than
thirty days to the extent such entities perform similar functions;
or
(vii) the
Servicer attempts to assign its right to servicing compensation hereunder
or the
Servicer attempts, without the consent of the Owner, to sell or otherwise
dispose of all or substantially all of its property or assets or to assign
this
Agreement or the servicing responsibilities hereunder or to delegate its
duties
hereunder or any portion thereof except as otherwise permitted herein;
or
(viii)
the Servicer ceases to be qualified to transact business in any jurisdiction
where it is currently so qualified, but only to the extent such
non-qualification materially and adversely affects the Servicer's ability
to
perform its obligations hereunder; or
(ix) failure
by the Servicer to duly perform, within the required time period, its
obligations under Section 6.04, 6.09 or any of clauses (v) through (viii)
of
Section 10.02;
then,
and
in each and every such case, so long as an Event of Default shall not have
been
remedied, the Owner, by notice in writing to the Servicer may, in addition
to
whatever rights the Owner may have under Section 8.01 and at law or equity
to
damages, including injunctive relief and specific performance, terminate
all the
rights and obligations of the Servicer (and if the Servicer is servicing
any of
the Mortgage Loans in a Pass-Through Transfer, appoint a successor servicer
reasonably acceptable to the Master Servicer for such Pass-Through Transfer)
under this Agreement and in and to the Mortgage Loans and the proceeds
thereof
without compensating the Servicer for the same. On or after the
receipt by the Servicer of such written notice, all authority and power
of the
Servicer under this Agreement, whether with respect to the Mortgage Loans
or
otherwise, shall pass to and be vested in the successor appointed pursuant
to
Section 11.01. Upon written request from the Owner, the Servicer
shall prepare, execute and deliver, any and all documents and other instruments,
place in such successor's possession all Servicing Files, and 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, at
the
Servicer's sole expense. The Servicer agrees to cooperate with the
Owner and such successor in effecting the termination of the Servicer's
responsibilities and rights hereunder, including, without limitation, the
transfer to such successor for administration by it of all cash amounts
which
shall at the time be credited by the Servicer to the Custodial Account
or Escrow
Account or thereafter received with respect to the Mortgage Loans or any
REO
Property.
The
Servicer shall promptly reimburse the Owner (or any designee of the Owner,
such
as a master servicer) and any Depositor, as applicable, for all reasonable
expenses incurred by the Owner (or such designee) or such Depositor, as
such are
incurred, in connection with the termination of the Servicer as servicer
and the
transfer of servicing of the Mortgage Loans to a successor servicer, if
the
termination and/or transfer of servicing is for cause related to a servicer
default. The provisions of this paragraph shall not limit whatever rights
the
Owner or any Depositor may have under other provisions of this Agreement
and/or
any applicable Reconstitution Agreement or otherwise, whether in equity
or at
law, such as an action for damages, specific performance or injunctive
relief.
Section
9.02. Waiver of Defaults.
The
Owner
may waive only by written notice any default by the Servicer in the performance
of its obligations hereunder and its consequences. Upon any such
waiver of a past default, such default shall cease to exist, and any Event
of
Default arising therefrom shall be deemed to have been remedied for every
purpose of this Agreement. No such waiver shall extend to any
subsequent or other default or impair any right consequent thereon except
to the
extent expressly so waived in writing.
ARTICLE
X
TERMINATION
Section
10.01. Termination.
The
respective obligations and responsibilities of the Servicer shall terminate
upon: (i) the later of the final payment or other liquidation (or any advance
with respect thereto) of the last Mortgage Loan or the disposition of all
REO
Property and the remittance of all funds due hereunder; or (ii) by mutual
consent of the Servicer and the Owner in writing; or (iii) termination
by the
Owner pursuant to Section 9.01. Simultaneously with any such termination
and the
transfer of servicing hereunder, the Servicer shall be entitled to be reimbursed
for any outstanding Servicing Advances and Monthly Advances.
Section
10.02. Cooperation of Servicer with a
Reconstitution.
The
Servicer and the Owner agree that with respect to some or all of the Mortgage
Loans, on or after the related closing date, on one or more dates (each
a
"Reconstitution Date") at the Owner's sole option, the Owner may effect
a sale
(each, a "Reconstitution") of some or all of the Mortgage Loans then subject
to
this Agreement, without recourse, to:
(a) one
or more third party purchasers in one or more in whole loan transfers (each,
a
"Whole Loan Transfer"); or
(b) one
or more trusts or other entities to be formed as part of one or more
Pass-Through Transfers.
The
Servicer agrees to execute in connection with any agreements among the
Owner,
the Servicer, and any servicer in connection with a Whole Loan Transfer,
an
assignment, assumption and recognition agreement, or, at Owner’s request, a
seller's warranties and servicing agreement or a participation and servicing
agreement or similar agreement in form and substance reasonably acceptable
to
the parties, and in connection with a Pass-Through Transfer, a pooling
and
servicing agreement in form and substance reasonably acceptable to the
parties. It is understood that any such Reconstitution Agreements
will not contain any greater obligations on the part of Servicer than are
contained in this Agreement.
With
respect to each Whole Loan Transfer and each Pass-Through Transfer entered
into
by the Owner, the Servicer agrees (1) to cooperate fully with the Owner
and any
prospective purchaser with respect to all reasonable requests and due diligence
procedures; (2) to execute, deliver and perform all Reconstitution Agreements
required by the Owner; (3) to restate the representations and warranties
set
forth in this Agreement as of the settlement or closing date in connection
with
such Reconstitution (each, a "Reconstitution Date").
In
addition, the Servicer shall provide to such servicer or issuer, as the
case may
be, and any other participants in such Reconstitution:
(i) any
and all information and appropriate verification of information which may
be
reasonably available to the Servicer, whether through letters of its auditors
and counsel or otherwise, as the Owner or any such other participant shall
request upon reasonable demand;
(ii) such
additional representations, warranties, covenants, opinions of counsel,
letters
from auditors, and certificates of public officials or officers of the
Servicer
as are reasonably agreed upon by the Servicer and the Owner or any such
other
participant;
(iii) within
5 Business Days after request by the Owner, the information with respect
to the
Servicer (as servicer) as required by Item 1108(b) and (c) of Regulation
AB, a
summary of the requirements of which as of the date hereof is attached
hereto as
Exhibit I for convenience of reference only, as determined by Owner in
its sole discretion. In the event that the Servicer has delegated any
servicing responsibilities with respect to the Mortgage Loans to a Subservicer,
the Servicer shall provide the information required pursuant to this clause
with
respect to the Subservicer;
(iv) within
5 Business Days after request by the Owner,
(a)
information regarding any legal
proceedings pending (or known to be contemplated) against the Servicer
(as
servicer) and each Subservicer as required by Item 1117 of Regulation AB,
a
summary of the requirements of which as of the date hereof is attached
hereto as
Exhibit I for convenience of reference only, as determined by Owner in
its sole discretion,
(b)
information regarding affiliations
with respect to the Servicer (as servicer) and each Subservicer as required
by
Item 1119(a) of Regulation AB, a summary of the requirements of which as
of the
date hereof is attached hereto as Exhibit I for convenience of reference
only, as determined by Owner in its sole discretion, and
(c)
information regarding relationships and transactions with respect to the
Servicer (as servicer) and each Subservicer as required by Item 1119(b)
and (c)
of Regulation AB, a summary of the requirements of which as of the date
hereof
is attached hereto as Exhibit I for convenience of reference only, as
determined by Owner in its sole discretion;
(v) for
the purpose of satisfying the reporting obligation under the Exchange Act
with
respect to any class of asset-backed securities, the Servicer shall (or
shall
cause each Subservicer to) (i) provide prompt notice to the Owner, the
Master
Servicer and any Depositor in writing of (A) any material litigation or
governmental proceedings involving the Servicer or any Subservicer, (B)
any
affiliations or relationships that develop following the closing date of
a
Pass-Through Transfer between the Servicer or any Subservicer and any of
the
parties specified in clause (D) of paragraph (a) of this Section (and any
other
parties identified in writing by the requesting party) with respect to
such
Pass-Through Transfer, (C) any Event of Default under the terms of this
Agreement or any Reconstitution Agreement, (D) any merger,
consolidation or sale of substantially all of the assets of the
Servicer, and (E) the Servicer’s entry into an agreement with a Subservicer to
perform or assist in the performance of any of the Servicer’s obligations under
this Agreement or any Reconstitution Agreement and (ii) provide to the
Owner and
any Depositor a description of such proceedings, affiliations or
relationships;
(vi) as
a condition to the succession to the Servicer or any Subservicer as servicer
or
subservicer under this Agreement or any Reconstitution Agreement by any
Person
(i) into which the Servicer or such Subservicer may be merged or consolidated,
or (ii) which may be appointed as a successor to the Servicer or any
Subservicer, the Servicer shall provide to the Owner, the Master Servicer,
and
any Depositor, at least 15 calendar days prior to the effective date of
such
succession or appointment, (x) written notice to the Owner and any Depositor
of
such succession or appointment and (y) in writing and in form and substance
reasonably satisfactory to the Owner and such Depositor, all information
reasonably requested by the Owner or any Depositor in order to comply with
its
reporting obligation under Item 6.02 of Form 8-K with respect to any class
of
asset-backed securities;
(vii) in
addition to such information as the Servicer, as servicer, is obligated
to
provide pursuant to other provisions of this Agreement, not later than
ten days
prior to the deadline for the filing of any distribution report on Form
10-D in
respect of any Pass-Through Transfer that includes any of the Mortgage
Loans
serviced by the Servicer or any Subservicer, the Servicer or such Subservicer,
as applicable, shall, to the extent the Servicer or such Subservicer has
knowledge, provide to the party responsible for filing such report (including,
if applicable, the Master Servicer) notice of the occurrence of any of
the
following events along with all information, data, and materials related
thereto
as may be required to be included in the related distribution report on
Form
10-D (as specified in the provisions of Regulation AB referenced
below):
(A) any
material modifications, extensions or waivers of pool asset terms, fees,
penalties or payments during the distribution period or that have cumulatively
become material over time (Item 1121(a)(11) of Regulation AB);
(B) material
breaches of pool asset representations or warranties or transaction covenants
(Item 1121(a)(12) of Regulation AB); and
(C) information
regarding new asset-backed securities issuances backed by the same pool
assets,
any pool asset changes (such as, additions, substitutions or repurchases),
and
any material changes in origination, underwriting or other criteria for
acquisition or selection of pool assets (Item 1121(a)(14) of Regulation
AB);
and
(viii) the
Servicer shall provide to the Owner, the Master Servicer and any Depositor,
evidence of the authorization of the person signing any certification or
statement, copies or other evidence of Fidelity Bond Insurance and Errors
and
Omission Insurance policy, financial information and reports, and such
other
information related to the Servicer or any Subservicer or the Servicer
or such
Subservicer’s performance hereunder.
In
the
event of a conflict or inconsistency between the terms of Exhibit I and
the text of the applicable Item of Regulation AB as cited above, the text
of
Regulation AB, its adopting release and other public statements of the
SEC shall
control.
The
Servicer shall indemnify the Owner, each affiliate of the Owner, and each
of the
following parties participating in a Pass-Through Transfer: each issuing
entity;
each Person (including, but not limited to, the Master Servicer, if applicable)
responsible for the preparation, execution or filing of any report required
to
be filed with the Commission with respect to such Pass-Through Transfer,
or for
execution of a certification pursuant to Rule 13a-14(d) or Rule 15d-14(d)
under
the Exchange Act with respect to such Pass-Through Transfer; each broker
dealer
acting as underwriter, placement agent or initial purchaser, each Person
who
controls any of such parties or the Depositor (within the meaning of Section
15
of the Securities Act and Section 20 of the Exchange Act); and the respective
present and former directors, officers, employees, agents and affiliates
of each
of the foregoing and of the Depositor (each, an “Indemnified Party”), and shall
hold each of them harmless from and against any claims, losses, damages,
penalties, fines, forfeitures, legal fees and expenses and related costs,
judgments, and any other costs, fees and expenses that any of them may
sustain
arising out of or based upon:
(i)(A)
any untrue statement of a material fact contained or alleged to be contained
in
any information, report, certification, data, accountants’ letter or other
material provided under this Section 10.02 by or on behalf of the Servicer,
or
provided under this Section 10.02, Sections 6.04 and 6.09 and by or on
behalf of
any Subservicer or Subcontractor (collectively, the “Servicer Information”), or
(B) the omission or alleged omission to state in the Servicer Information
a
material fact required to be stated in the Servicer Information or necessary
in
order to make the statements therein, in the light of the circumstances
under
which they were made, not misleading; provided, by way of clarification,
that
clause (B) of this paragraph shall be construed solely by reference to
the
Servicer Information and not to any other information communicated in connection
with a sale or purchase of securities, without regard to whether the Servicer
Information or any portion thereof is presented together with or separately
from
such other information;
(ii)
any
breach by the Servicer of its obligations under this Section 10.02, including
particularly any failure by the Servicer, any Subservicer or any Subcontractor
to deliver any information, report, certification, accountants’ letter or other
material when and as required under this Section 10.02, including any failure
by
the Servicer to identify pursuant to Section 11.15 any Subcontractor
“participating in the servicing function” within the meaning of Item 1122 of
Regulation AB;
(iii)
any
breach by the Servicer of a representation or warranty set forth in Section
Article III or in a writing furnished pursuant to clause (h) of Article
III and
made as of a date prior to the closing date of the related Pass-Through
Transfer, to the extent that such breach is not cured by such closing date,
or
any breach by the Servicer of a representation or warranty in a writing
furnished pursuant to clause (h) of Article III to the extent made as of
a date
subsequent to such closing date; or
(iv)
the
negligence bad faith or willful misconduct of the Servicer in connection
with
its performance under this Section 10.02.
If
the
indemnification provided for herein is unavailable or insufficient to hold
harmless an Indemnified Party, then the Servicer agrees that it shall contribute
to the amount paid or payable by such Indemnified Party as a result of
any
claims, losses, damages or liabilities incurred by such Indemnified Party
in
such proportion as is appropriate to reflect the relative fault of such
Indemnified Party on the one hand and the Servicer on the other.
In
the
case of any failure of performance described above, the Servicer shall
promptly
reimburse the Owner, any Depositor, as applicable, and each Person responsible
for the preparation, execution or filing of any report required to be filed
with
the Commission with respect to such Pass-Through Transfer, or for execution
of a
certification pursuant to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange
Act with respect to such Pass-Through Transfer, for all costs reasonably
incurred by each such party in order to obtain the information, report,
certification, accountants’ letter or other material not delivered pursuant to
this Section or Section 6.04 or Section 6.09 as required by the Servicer,
any
Subservicer or any Subcontractor.
This
indemnification shall survive the termination of this Agreement or the
termination of any party to this Agreement.
All
Mortgage Loans not sold or transferred pursuant to a Whole Loan Transfer
or Pass
Through Transfer shall be subject to this Agreement and shall continue
to be
serviced in accordance with the terms of this Agreement and with respect
thereto
this Agreement shall remain in full force and effect.
Section
10.03. Master Servicer.
The
Servicer, including any successor servicer hereunder, shall be subject
to the
supervision of the Master Servicer, which Master Servicer shall be obligated
to
ensure that the Servicer services the Mortgage Loans in accordance with
the
provisions of this Agreement. The Master Servicer, acting on behalf
of the Owner, shall have the same rights as the Owner to enforce the obligations
of the Servicer under this Agreement. The Master Servicer, or the
entity specified in the related pooling and servicing agreement, shall
be
entitled to terminate the rights and obligations of the Servicer under
this
Agreement upon the failure of the Servicer to perform any of its obligations
under this Agreement if such failure constitutes an Event of Default as
provided
in Article IX of this Agreement. Notwithstanding anything to the
contrary, in no event shall the Master Servicer assume any of the obligations
of
the Owner under this Agreement.
ARTICLE
XI
MISCELLANEOUS
PROVISIONS
Section
11.01. Successor to the Servicer.
Prior
to
termination of the Servicer's responsibilities and duties under this Agreement
pursuant to Sections 8.04, 9.01 or 10.01(ii), the Owner shall (i) succeed
to and
assume all of the Servicer's responsibilities, rights, duties and obligations
under this Agreement, or (ii) appoint a successor having the characteristics
set
forth in Section 8.02 hereof and which shall succeed to all rights and
assume
all of the responsibilities, duties and liabilities of the Servicer under
this
Agreement prior to the termination of the Servicer's responsibilities,
duties
and liabilities under this Agreement. In connection with such
appointment and assumption, the Owner may make such arrangements for the
compensation of such successor out of payments on Mortgage Loans as the
Owner
and such successor shall agree. In the event that the Servicer's
duties, responsibilities and liabilities under this Agreement should be
terminated pursuant to the aforementioned sections, the Servicer shall
discharge
such duties and responsibilities during the period from the date it acquires
knowledge of such termination until the effective date thereof with the
same
degree of diligence and prudence which it is obligated to exercise under
this
Agreement, and shall take no action whatsoever that might impair or prejudice
the rights or financial condition of its successor. The resignation
or removal of the Servicer pursuant to the aforementioned sections shall
not
become effective until a successor shall be appointed pursuant to this
section
and shall in no event relieve the Servicer of the representations and warranties
made pursuant to Article III and the remedies available to the Owner under
Section 8.01, it being understood and agreed that the provisions of such
Article
III and Section 8.01 shall be applicable to the Servicer notwithstanding
any
such resignation or termination of the Servicer, or the termination of
this
Agreement.
Any
successor appointed as provided herein shall execute, acknowledge and deliver
to
the Servicer and to the Owner an instrument accepting such appointment,
whereupon such successor shall become fully vested with all the rights,
powers,
duties, responsibilities, obligations and liabilities of the Servicer,
with like
effect as if originally named as a party to this Agreement. Any
termination or resignation of the Servicer or this Agreement pursuant to
Section
8.04, 9.01 or 10.01 shall not affect any claims that the Owner may have
against
the Servicer arising prior to any such termination or resignation.
The
Servicer shall promptly deliver to the successor the funds in the Custodial
Account and the Escrow Account and the Servicing Files and related documents
and
statements held by it hereunder and the Servicer shall account for all
funds. The Servicer shall execute and deliver such instruments and do
such other things all as may reasonably be required to more fully and definitely
vest and confirm in the successor all such rights, powers, duties,
responsibilities, obligations and liabilities of the Servicer. The
successor shall make such arrangements as it may deem appropriate to reimburse
the Servicer for unrecovered Monthly Advances and Servicing Advances which
the
successor retains hereunder and which would otherwise have been recovered
by the
Servicer pursuant to this Agreement but for the appointment of the successor
servicer.
Upon
a
successor's acceptance of appointment as such, the Servicer shall notify
the
Owner of such appointment.
All
reasonable costs and expenses incurred in connection with replacing the
Servicer
upon its resignation or the termination of the Servicer in accordance with
the
terms of this Agreement, including, without limitation, (i) all legal costs
and
expenses and all due diligence costs and expenses associated with an evaluation
of the potential termination of the Servicer as a result of an Event of
Default
and (ii) all costs and expenses associated with the complete transfer of
servicing, including all servicing files and all servicing data and the
completion, correction or manipulation of such servicing data as may be
required
by the successor servicer to correct any errors or insufficiencies in the
servicing data or otherwise to enable the successor service to service
the
Mortgage Loans in accordance with this Agreement, shall be payable on demand
by
the resigning or terminated Servicer without any right of reimbursement
therefor.
Section
11.02. Amendment.
This
Agreement may be amended from time to time by the Servicer and the Owner
by
written agreement signed by the Servicer and the Owner.
Section
11.03. Recordation of Agreement.
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 of all 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 Servicer at the Owner's
expense on direction of the Owner accompanied by an opinion of counsel
to the
effect that such recordation materially and beneficially affects the interest
of
the Owner or is necessary for the administration or servicing the Mortgage
Loans.
Section
11.04. Governing Law.
THIS
AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL
LAWS OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO PRINCIPLES OF CONFLICTS
OF LAWS. THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section
11.05. Notices.
Any
demands, notices or other communications permitted or required hereunder
shall
be in writing and shall be deemed conclusively to have been given if personally
delivered at or mailed by registered mail, postage prepaid, and return
receipt
requested or transmitted by telecopier and confirmed by a similar mailed
writing, as follows:
(i)
|
if
to the Servicer:
|
EMC
Mortgage Corporation
|
|
0000
Xxxx Xxxxx Xxxxx
|
|
Xxxxxxxxxx,
Xxxxx 00000
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|