FEDERAL NATIONAL MORTGAGE ASSOCIATION (“FANNIE MAE”)Remic Master Trust Agreement • February 28th, 2022 • District of Columbia
THIS REMIC MASTER TRUST AGREEMENT is executed by Federal National Mortgage Association (“Fannie Mae”), in its corporate capacities as Issuer and Guarantor, and in its capacity as Trustee.
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FEDERAL NATIONAL MORTGAGE ASSOCIATION, a body corporate organized and existing under the laws of the United States and subject to the reporting requirements of Section 13 or 15(d) of the Securities Act of 1934 (“Fannie Mae,” which term includes any successor), in its corporate capacity, for value received, hereby promises to distribute to the Registered Holder identified above or registered assigns (the “Holder”), subject to the terms and conditions of the REMIC master trust agreement dated as of August 1, 2007, as supplemented by an issue supplement dated as of September 1, 2009 relating to Fannie Mae Trust 2009-86 (together, the “Trust Agreement”), between Fannie Mae in its corporate capacities as issuer and guarantor, and Fannie Mae as trustee (the “Trustee”), the Cap Contract Termination Payment, if any (as specified in the Trust Agreement), on the Distribution Date immediately following the date that such Cap Contract Termination Payment is received by Fannie Mae.
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