Common use of Allocation of Losses Clause in Contracts

Allocation of Losses. (i) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class 30-B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-PO Component, Class 2-PO Component and Class 3-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 4-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 4 Senior Certificates and Class 4-B Certificates (but not the Component Balance of the Class 4-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 4. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates or Class 4-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates or Class 4-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 4-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates or the Class 4-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates or Class 4-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates, Group 2 Senior Certificates shall not be allocated Applied Loss Amountsand Group 3 Senior Certificates, in the case of Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 4 Senior Certificates, in the case of the Class 4-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a). (f) Notwithstanding any other provision of this Section 5.03, no Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Certificate Balance of such a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group Cof Class B Certificates any principal otherwise payable to such Class of Class 30-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group or Class 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, but used to pay any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The No later than five (5) Business Days prior to the related Distribution Date, the Master Servicer shall inform the Securities Administrator in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Securities Administrator shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group 1 Certificateswith respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the designated Classes pursuant to the operation of Section 5.03(b). (b) On each Distribution Date, the Trust Administrator shall determine the total Class Certificate Balance of the Applied Loss AmountClass 30-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the Class Certificate Balance of the Class 30-PO Certificates (after giving effect to the amounts to be distributed as a distribution of principal) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 2 for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment prioritypriority shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Non-PO Certificates and Subordinate Certificates (after giving effect to the amounts to be distributed as distributions of principal and the allocation of PO Deferred Amounts) shall equal the aggregate Adjusted Pool Amount (Non-PO Portion) of the Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Non-PO Certificates of each Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Non-PO Certificates of such Group (after giving effect to zerothe amounts to be distributed as distributions of principal on such Distribution Date) equals, the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Non-PO Certificates of a Group, pro rata, based on their Class Certificate Balances immediately prior to such Distribution Date, or in the case of the Class 1-A-15 Certificates, their Initial Class Certificate Balance, if lower, until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates with respect to which an Applied Loss Amount has been allocated a Distribution Date (including the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding (beginning with the Class of Subordinate Certificates then outstanding highest in order of payment priority) until the respective Class Certificate Balance of each such Class for is reduced to zero and then to the Senior Non-PO Certificates, pro rata. (e) After the Senior Credit Support Depletion Date, on any Distribution Date on which the related Class Principal 1-A-9 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 1-A-9 Certificates will be reduced to zeroby the Class 1-A-9 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 1-A-10 Certificates will not be reduced by the Class 1-A-9 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-10 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-9 Certificates prior to any reduction for the Class 1-A-9 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-10 Certificates. Any increase in the Class Certificate Balance allocated to the Class 1-A-10 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-9 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 3-A-3 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-3 Certificates will be reduced by the Class 3-A-3 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 3-A-4 Certificates will not be reduced by the Class 3-A-3 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 3-A-4 Loss Amount exceeds the Class Certificate Balance of the Class 3-A-3 Certificates prior to any reduction for the Class 3-A-3 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 3-A-4 Certificates. Any increase in the Class Certificate Balance allocated to the Class 3-A-4 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 3-A-3 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by such that the amount Class Certificate Balance of a Class exceeds its Initial Class Certificate Balance (or Aggregate Denomination, in the case of a Class of Exchangeable or Exchangeable REMIC Certificates) plus, in the case of the Class 1-A-15 Certificates, any Accrual Distribution Amounts previously added thereto, less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Subordinate Certificates any principal otherwise payable to such Class of Subordinate Certificates but used to pay any related Recoveries for such Class PO Deferred Amount). (g) With respect to any Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date Realized Losses allocated pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss 5.03 will first be allocated to the Class Aeach Uncertificated Lower-P Certificates and the remainder of the loss will be allocated Tier Interest as described above); provided, however, that (A) Realized Losses which would otherwise be allocated in Section 5.02 and to the Class 2each Uncertificated Intermediate Lower-A-10 and Class 2-A-13 Certificates, up to Tier Interest in an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be Realized Losses allocated to the Class 2such Uncertificated Intermediate Lower-A-11 CertificatesTier Interest's Corresponding Upper-Tier Class, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroClasses or Component. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of Group 1, Group 2 and Group 3 shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Class Certificate Balance for any the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which such Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 4 for such Distribution Date. The Class Certificate Balance for the Class 5-PO Certificates shall be applied reduced on each Distribution Date by reducing the amount, if any, by which such Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 5 for such Distribution Date. The Class Certificate Balance of the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1X-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 1-X-PO Component and Class 3-X-PO Component and the Class Certificate Balance of the Class 15-PO Certificates) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 1, Loan Group 3 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class of Class 2-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and Class 2-B Certificates (but not the Component Balance of the Class 2-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. The Class Certificate Balance of the Class 5-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 5 Senior Certificates and Class 5-B Certificates (but not the Class Certificate Balance of the Class 5-PO Certificates) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 5 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate (but not the Class 15-PO and Class 5-PO Certificates), based on the Class Certificate Balances immediately prior to such Distribution Date or, in the case of the Class 1-A-11 or Class 1-A-16 Certificates, the respective Initial Class Certificate Balance, if lower, until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class X-B Certificates, Class 2-B Certificates to which an Applied Loss Amount has been allocated (including any such or Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 5-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group Class X-B Certificates, Class 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, Class 5-B Certificates shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class X-B Certificates, Class 2-B Certificates or Class 5-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group CClasses of Class X-B Certificates, Class 2-B Certificates in decreasing order of their alphanumerical or Class designations 5-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class X-B-6 B Certificates), Class 2-B Certificates or Class 5-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Group 1 Senior Certificates, Group 3 Senior Certificates and Group 4 Senior Certificates (other than but not the Class A15-P and Notional Amount PO Certificates) related to such Loan Group), in the case of the Class X-B Certificates, pro rata, on the basis of their respective Class Principal Balances (except if Certificate Balances, the loss is recognized with respect to a Class P Mortgage LoanGroup 2 Senior Certificates, in which the case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on the basis of their respective Class Principal Balances Certificate Balances, or the Group 5 Senior Certificates (except if but not the loss is recognized with respect to a Class P Mortgage Loan5-PO Certificates), in the case of the Class 5-B Certificates, pro rata, on the basis of their respective Class Certificate Balances. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which case the applicable Class P Fraction 1-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of such loss the Class 1-A-2 Certificates will first be reduced by the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-1 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the 1-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class A-P Certificates and the remainder Certificate Balance of the loss Class 1-A-2 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-16 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-16 Certificates will be reduced by the Class 1-A-16 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-11 Certificates will not be reduced by the Class 1-A-16 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated as described aboveto the 1-A-11 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-16 Certificates. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-2 Certificates will be reduced by the Class 2-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-1 Certificates will not be reduced by the Class 2-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the 2-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-2 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount). (cg) On each With respect to any Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balanceallocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a) and to each Uncertificated Middle-Tier Interest in an amount equal to the Realized Losses allocated to such Uncertificated Middle-Tier Interest's Corresponding Upper-Tier Class, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate BalanceClasses or Component.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Class Certificate Balance for the Class 30-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which such Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 1 for such Distribution Date. The Applied Loss Amount for any Component Balance of the PO Component of Group 2, Group 3 and Group 4 shall be reduced on each Distribution Date shall be applied by reducing the Class Principal amount, if any, by which the Component Balance of each such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Class Certificate Balance of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates (but not the Class 30-PO Certificates or Class 15-PO Certificates) and Class B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for all the Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to zerothe amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates (but not the Class 30-PO Certificates) of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group C-Classes of Class B Certificates in decreasing order of their alphanumerical Class designations Certificates, then outstanding (beginning with the Class C-B-6 of Class B Certificates), then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Certificates (other than but not the Class A30-P and Notional Amount PO Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss Senior Credit Support Depletion Date, on any Distribution Date on which the Class 1-A-8 Loss Allocation Amount is recognized with respect to a greater than zero, the Class P Mortgage LoanCertificate Balance of the Class 1-A-8 Certificates will be reduced by the Class 1-A-8 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-1 Certificates will not be reduced by the Class 1-A-8 Loss Allocation Amount. Any increase in which case the applicable Class P Fraction of such loss will first be Certificate Balance allocated to the Class A1-P A-1 Certificates and pursuant to Section 5.03(b) will instead increase the remainder Class Certificate Balance of the loss Class 1-A-8 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 3-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-2 Certificates will be allocated as described abovereduced by the Class 3-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b); provided, however, that (A) Realized Losses which would otherwise the Class Certificate Balance of the Class 3-A-1 Certificates will not be reduced by the Class 3-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 23-A-10 and Class 2-A-13 Certificates, up A-1 Certificates pursuant to an amount equal to 80.00% and 20.00%, respectively, of Section 5.03(b) will instead increase the Class Principal Certificate Balance of the Class 23-A-11 Certificates for such Distribution A-2 Certificates. After the Senior Credit Support Depletion Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses on any Distribution Date on which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 CertificatesLoss Allocation Amount is greater than zero, until the Class Principal Certificate Balance of the Class 4-A-2 Certificates is will be reduced to zeroby the Class 4-A-2 Loss Allocation Amount and, (D) Realized Losses which would otherwise notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-1 Certificates will not be reduced by the Class 4-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up A-1 Certificates pursuant to an amount equal to 60.63% and 39.37%, respectively, of Section 5.03(b) will instead increase the Class Principal Certificate Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 A-2 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (iif) except as provided Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes case of Group 2, Group 3 and Group 4 any Class of Class B Certificates (other than the any principal otherwise payable to such Class A-P and Notional Amount Certificates) and Group C-of Class B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect Certificates but used to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovepay any PO Deferred Amount). (cg) On each With respect to any Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balanceallocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a) and to each Uncertificated Middle-Tier Interest in an amount equal to the Realized Losses allocated to such Uncertificated Middle-Tier Interest's Corresponding Upper-Tier Class, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate BalanceClasses or Component.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Applied Loss AmountClass A-PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced on each Distribution Date by the amount, in each case until if any, by which the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 1-B Certificates (but not the Component Balance of the Class 1-A-PO Component ) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 2-A-PO Component and Class 4-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 2 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class 3-B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates and Class 3-B Certificates (but not the Component Balance of the Class 3-A-PO Component ) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class 1-B Certificates, Class X-B Certificates to which an Applied Loss Amount has been allocated (including any such or Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 3-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2Class 1-B Certificates, Group 3, Group 4, and Group CClass X-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, Class 3-B Certificates shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group CClasses of Class 1-B Certificates, Class X-B Certificates in decreasing order of their alphanumerical or the Class designations 3-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class 1-B-6 B Certificates), Class X-B Certificates or Class 3-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Group 1 Senior Certificates (other than Certificates, in the case of the Class A1-P and Notional Amount B Certificates) related to such Loan Group, pro rata, on in accordance with the basis of their respective Class Principal Balances (except if priorities set forth in Section 5.02, the loss is recognized with respect to a Class P Mortgage LoanGroup 2 Senior Certificates and Group 4 Senior Certificates, in which the case of Class X-B Certificates, pro rata, in accordance with the applicable Class P Fraction priorities set forth in Section 5.02, or the Group 3 Senior Certificates, in the case of such loss will first be allocated to the Class A3-P Certificates and B Certificates, pro rata, in accordance with the remainder priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the loss Class 1-A-2 Certificates will be allocated as described abovereduced by the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b); provided, howeverthe Class Certificate Balance of the Class 1-A-3 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 1, that (A) Realized Losses on any Distribution Date on which would otherwise the Class 1-A-11 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-11 Certificates will be allocated to reduced by the Class 1-A-11 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-4 Certificates will not be reduced by the Class 1-A-11 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-13 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-13 Certificates will be reduced by the Class 1-A-13 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-12 Certificates will not be reduced by the Class 1-A-13 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-22 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-22 Certificates will be reduced by the Class 1-A-22 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-21 Certificates will not be reduced by the Class 1-A-22 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-10 and Class 2-A-13 CertificatesA-5 Loss Allocation Amount is greater than zero, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 A-5 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 2-A-11 CertificatesA-5 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Certificate Balances of the Class 2-A-1, Class 2-A-2, Class 2-A-3 and Class 2-A-4 Certificates will not be reduced by the Class 2-A-5 Loss Allocation Amount. Notwithstanding the foregoing, (i) on any Distribution Date in which the sum of the Class 2-A-1 Loss Amount, Class 2-A-2 Loss Amount, Class 2-A-3 Loss Amount and Class 2-A-4 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-11 A-5 Certificates is reduced prior to zero, (B) Realized Losses which would otherwise be allocated to any reduction for the Class 2-A-4A-5 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Class 2-A-1 Loss Amount, Class 2-A-12 A-2 Loss Amount, Class 2-A-3 Loss Amount and Class 2-A-16 CertificatesA-4 Loss Amount, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, in reduction of the Class Principal Balance Certificate Balances of the Class 2-A-14 Certificates for such Distribution DateA-1, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 CertificatesA-2, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zeroA-3 and Class 2-A-4 Certificates. After the Senior Credit Support Depletion Date for Group 4, (C) Realized Losses on any Distribution Date on which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 CertificatesLoss Allocation Amount is greater than zero, until the Class Principal Certificate Balance of the Class 4-A-2 Certificates is will be reduced to zero, (D) Realized Losses which would otherwise be allocated to by the Class 4-A-3 and Class 4-A-4 CertificatesA-2 Loss Allocation Amount and, up to an amount equal to 60.63% and 39.37%notwithstanding Section 5.03(b), respectively, of the Class Principal Certificate Balance of the Class 4-A-11 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead not be allocated to reduced by the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroA-2 Loss Allocation Amount. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. The principal portion of Realized Losses on the Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated as follows: (i) the applicable Ratio Strip Percentage of the Applied principal portion of any Realized Loss Amountwith respect to a Discount Mortgage Loan in Loan Group 2 shall be allocated to the Class 2-A-P Certificates until the Class Certificate Balance thereof is reduced to zero; and (ii) the applicable Non-Ratio Strip Percentage of the principal portion of any Realized Loss with respect to a Mortgage Loan in a Loan Group shall be allocated first to the Subordinate Certificates in reverse order of their respective numerical Class designations (beginning with the Class of Subordinate Certificates then outstanding with the highest numerical Class designation) until the respective Class Certificate Balance of each such Class is reduced to zero, and second to the Senior Certificates of the Related Group (other than the Class 2-A-P Certificates with respect to Group 2), pro rata, on the basis of their respective Class Certificate Balances immediately prior to the related Distribution Date, until the Class Certificate Balances thereof have been reduced to zero. (b) The Class Certificate Balance of the Class 2-A-P Certificates shall be reduced on each Distribution Date by the amount, if any, by which the Class Certificate Balance of such Class 2-A-P Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (Ratio Strip Portion) for the Loan Group 2 for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and the Ratio Strip Deferred Amount on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Class A Certificates of the Related Group in the aggregate (other than the Class Certificate Balance of the Class 2-A-P Certificates with respect to Group 2) shall be reduced on each case until Distribution Date by the respective amount, if any, by which the aggregate of the Class Principal Certificate Balances of all outstanding Classes of Class A Certificates of such Group (other than the Class Certificate Balance thereof is reduced of the Class 2-A-P Certificates of Group 2) (after giving effect to zerothe amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the difference between (i) the Adjusted Pool Amount for such Loan Group and Distribution Date and (ii) the Adjusted Pool Amount (Ratio Strip Portion) for such Loan Group and Distribution Date. Any Applied such reduction shall be allocated among the Class A Certificates of such Group (other than the Class 2-A-P Certificates with respect to Group 2) based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any Realized Loss Amount allocated to a Class of Group 1 Subordinate Certificates or any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group C-B Classes of Subordinate Certificates in decreasing order of their alphanumerical Class designations then outstanding (beginning with the Class C-B-6 Certificates), of Subordinate Certificates than outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Class A Certificates (other than the Class A-P and Notional Amount Certificates) related to of such Loan Group, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in any Distribution Date on which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 CertificatesA-8 Loss Allocation Amount is greater than zero, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 A-8 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 2-A-11 CertificatesA-8 Loss Allocation Amount and, until notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Principal Certificate Balance of the Class 2-A-11 A-1 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 2-A-4A-8 Loss Allocation Amount. (f) With respect to any Distribution Date, Class 2Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Middle-A-12 and Class 2-A-16 Certificates, up to Tier Interest in an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be amount allocated to the Class 2its respective Corresponding Upper-A-14 CertificatesTier Class, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zeroClasses, (C) Component or Components as provided above. Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date allocated to each Uncertificated Lower-Tier Interest as described in accordance with the definition of “Certificate BalanceSection 5.02(a).”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance principal portion of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, applicable Ratio Strip Percentage of the principal portion of any Realized Loss on with respect to a Discount Mortgage Loan in Loan Group 2, 2 or Loan Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Class A-P Component of the Related Group Cuntil the Component Balance thereof is reduced to zero; and (ii) the applicable Non-B Ratio Strip Percentage of the principal portion of any Realized Loss with respect to a Mortgage Loan in such Loan Group shall be allocated first to the Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates then outstanding with the highest numerical Class designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, and second, second to the Senior Certificates (other than of the Class A-P and Notional Amount Certificates) related to such Loan Related Group, pro rata, on the basis of their respective Class Principal Certificate Balances immediately prior to the related Distribution Date, until the Class Certificate Balances thereof have been reduced to zero. (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction b) The Component Balance of such loss will first be allocated to the Class A-P Certificates Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-P Component (after giving effect to the amount to be distributed as a distribution of principal and the remainder allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (Ratio Strip Portion) for the Related Loan Group for such Distribution Date. The Class Certificate Balance of the loss will Class of Subordinate Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and Ratio Strip Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Class A Certificates of the Related Group in the aggregate (but not the Component Balance of the Class A-P Component with respect to Group 2 or Group 3) shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Class A Certificates of such Group (but not the Component Balance of the Class A-P Component of Group 2 or Group 3) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the difference between (i) the Adjusted Pool Amount for such Loan Group and Distribution Date and (ii) the Adjusted Pool Amount (Ratio Strip Portion) for such Loan Group and Distribution Date. Any such reduction shall be allocated among the Class A Certificates of such Group (but not the Class A-P Component of Group 2 or Group 3) based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any Realized Loss allocated to a Class of Certificates or any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as described above)principal to any Class of Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, that (A) the actual payment of principal to the Classes of Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding (beginning with the Class of Subordinate Certificates than outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Class A Certificates of such Group, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date, (i) on any Distribution Date on which would otherwise the Class 1-A-3 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-3 Certificates will be allocated to reduced by the Class 1-A-3 Loss Allocation Amount and, notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Certificate Balance of the Class 1-A-2 Certificates will not be reduced by the Class 1-A-3 Loss Allocation Amount and (ii) on any Distribution Date on which the Class 2-A-10 and Class 2-A-13 CertificatesA-3 Loss Allocation Amount is greater than zero, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 A-3 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 2-A-11 CertificatesA-3 Loss Allocation Amount and, until notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Principal Certificate Balance of the Class 2-A-11 A-2 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up A-3 Loss Allocation Amount. (f) With respect to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such any Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date allocated to each Uncertificated Lower-Tier Interest as described in accordance with the definition of “Certificate BalanceSection 5.02(a).”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance principal portion of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, applicable Ratio Strip Percentage of the principal portion of any Realized Loss on with respect to a Discount Mortgage Loan in Loan Group 2, Group 3 2 or Loan Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Class A-P Component of the Related Group Cuntil the Component Balance thereof is reduced to zero; and (ii) the applicable Non-B Ratio Strip Percentage of the principal portion of any Realized Loss with respect to a Mortgage Loan in such Loan Group shall be allocated first to the Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates then outstanding with the highest numerical Class designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, and second, second to the Senior Certificates (other than of the Class A-P and Notional Amount Certificates) related to such Loan Related Group, pro rata, on the basis of their respective Class Principal Certificate Balances immediately prior to the related Distribution Date, until the Class Certificate Balances thereof have been reduced to zero. (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction b) The Component Balance of such loss will first be allocated to the Class A-P Certificates Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-P Component (after giving effect to the amount to be distributed as a distribution of principal and the remainder allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (Ratio Strip Portion) for the Related Loan Group for such Distribution Date. The Class Certificate Balance of the loss will Class of Subordinate Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and Ratio Strip Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Class A Certificates of the Related Group in the aggregate (but not the Component Balance of the Class A-P Component with respect to Group 2 or Group 4) shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Class A Certificates of such Group (but not the Component Balance of the Class A-P Component of Group 2 or Group 4) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the difference between (i) the Adjusted Pool Amount for such Loan Group and Distribution Date and (ii) the Adjusted Pool Amount (Ratio Strip Portion) for such Loan Group and Distribution Date. Any such reduction shall be allocated among the Class A Certificates of such Group (but not the Class A-P Component of Group 2 or Group 4) based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any Realized Loss allocated to a Class of Certificates or any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as described above)principal to any Class of Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, that (A) the actual payment of principal to the Classes of Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding (beginning with the Class of Subordinate Certificates than outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Class A Certificates of such Group, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date, on any Distribution Date on which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 CertificatesA-9 Loss Allocation Amount is greater than zero, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 A-9 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 2-A-11 CertificatesA-9 Loss Allocation Amount and, until notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Principal Certificate Balance of the Class 2-A-11 A-8 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 2-A-4A-9 Loss Allocation Amount. (f) With respect to any Distribution Date, Class 2Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Middle-A-12 and Class 2-A-16 Certificates, up to Tier Interest in an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be amount allocated to the Class 2its respective Corresponding Upper-A-14 CertificatesTier Class, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zeroClasses, (C) Component or Components as provided above. Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date allocated to each Uncertificated Lower-Tier Interest as described in accordance with the definition of “Certificate BalanceSection 5.02(a).”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class X-PO Component of a 30 Year Crossed Loan Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class X-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 3-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 3 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 3-X-PO Component and the Class 15-PO Certificates based on the Component Balance for the Class 3-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates. The Class Certificate Balance of the Class of Class 30-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-X-PO Component and Class 2-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates (other than the Class 115-X PO Certificates) beginning with and Class 15-B Certificates (but not the Component Balance of the Class 3-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group (other than the Class 15-PO Certificates in the case of Group 1 Subordinate 3) in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates then outstanding with of such Group (other than the lowest relative payment priority, Class 15-PO Certificates in each the case until of Group 3) (after giving effect to the respective Class Principal Balance thereof is reduced amount to zerobe distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate (other than the Class 15-PO Certificates in the case of Group 3), based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates or Class 15-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates or Class 15-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates or the Class 15-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates or Class 15-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates shall not be allocated Applied Loss Amountsand Group 2 Senior Certificates, in the case of Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 3 Senior Certificates, in the case of the Class 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a). (f) Notwithstanding any other provision of this Section 5.03, no Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Certificate Balance of such a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group Cof Class B Certificates any principal otherwise payable to such Class of Class 30-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group Cor Class 15-B Certificates as follows: (i) except as provided in the parenthetical below, but used to pay any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of each Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 1-B Certificates (but not the Component Balance of the Class 1-30-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class 2-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and Class 2-B Certificates (but not the Component Balance of the Class 2-30-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date or, in the case of the Class 1-A-28 Certificates, the Initial Class Certificate Balance, if lower, until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2Subordinate Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, Group 3, Group 4, and Group C-B the Calculated Principal Distribution for a Class of Subordinate Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on of a Group 2is greater than the Class Certificate Balance of such Class, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, the excess shall be allocated distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding of such Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates of such Group then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-22 Loss Allocation Amount is recognized with respect to a greater than zero, the Class P Mortgage LoanCertificate Balance of the Class 1-A-22 Certificates will be reduced by the Class 1-A-22 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-21 Certificates will not be reduced by the Class 1-A-22 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which case the applicable Class P Fraction 1-A-21 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-22 Certificates prior to any reduction for the Class 1-A-22 Loss Allocation Amount, such loss excess will first be distributed in reduction of the Class Certificate Balance of the Class 1-A-21 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-30 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-30 Certificates will be reduced by the Class 1-A-30 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-24 Certificates will not be reduced by the Class 1-A-30 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-24 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-30 Certificates prior to any reduction for the Class 1-A-30 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-24 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-32 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-32 Certificates will be reduced by the Class 1-A-32 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-31 Certificates will not be reduced by the Class 1-A-32 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-31 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-32 Certificates prior to any reduction for the Class 1-A-32 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-31 Certificates. Any increase in the Class Certificate Balances allocated to the Class A1-P A-21, Class 1-A-24 and Class 1-31 Certificates and pursuant to Section 5.03(b) will instead increase the remainder Class Certificate Balances of the loss Class 1-A-22, Class 1-A-24 and Class 1-A-32 Certificates, respectively. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-4 Certificates will be allocated as described abovereduced by the Class 2-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b); provided, howeverthe Class Certificate Balance of the Class 2-A-1 Certificates will not be reduced by the Class 2-A-4 Loss Allocation Amount. Notwithstanding the foregoing, that (A) Realized Losses on any Distribution Date in which would otherwise the Class 2-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-4 Certificates prior to any reduction for the Class 2-A-4 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 2-A-1 Certificates. Any increase in the Class Certificate Balance allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up A-1 Certificates pursuant to an amount equal to 80.00% and 20.00%, respectively, of Section 5.03(b) will instead increase the Class Principal Certificate Balance of the Class 2-A-11 A-4 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance (plus, in the case of the Class 1-A-28 Certificates, any Class 1-A-28 Accrual Distribution Amounts previously added to the Class Certificate Balance) less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates for any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount). (g) With respect to any Distribution Date, the principal portion of Realized Losses and up recoveries attributable to a cumulative maximum of $4,800,000 and $1,200,000, respectively, previously allocated Realized Losses allocated pursuant to this Section 5.03 will instead be allocated to the Class 2each Uncertificated Lower-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to Tier Interest in an amount equal to 52.49%the amount allocated to its respective Corresponding Upper-Tier Class, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Classes or Component as provided above. (h) With respect to any Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator interest portion of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following allocated to each Uncertificated Lower-Tier Interest in the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balancesame relative proportions as interest is allocated to such Uncertificated Lower-Tier Interest.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of a 30 Year Crossed Loan Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 2-X-PO Component shall be reduced on each Distribution Date by the amount, if any, by which such Component Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 2 for such Distribution Date. The Component Balance for the Class 3-15-PO Component and the Class 3-X-PO Component shall be applied reduced on each Distribution Date by reducing the amount, if any, by which the sum of such Component Balances (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 3 for such Distribution Date. Any such reduction shall be allocated between the Class Principal 3-15-PO Component and the Class 3-X-PO Component based on the Component Balance for each such Component. The Component Balance for the Class 4-15-PO Component and the Class 4-X-PO Component shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balances (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 4 for such Distribution Date. Any such reduction shall be allocated between the Class 4-15-PO Component and the Class 4-X-PO Component based on the Component Balance for each such Component. The Component Balance for the Class 6-15-PO Component and the Class 6-X-PO Component shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balances (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 6 for such Distribution Date. Any such reduction shall be allocated between the Class 6-15-PO Component and the Class 6-X-PO Component based on the Component Balance for each such Component. The Component Balance for the Class 7-15-PO Component and the Class 7-X-PO Component shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balances (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 7 for such Distribution Date. Any such reduction shall be allocated between the Class 7-15-PO Component and the Class 7-X-PO Component based on the Component Balance for each such Component. The Class Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 130-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 5 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-X-PO Component and Class 5-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 1 and Loan Group 5 for such Distribution Date. The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 2-X-PO Component, Class 4-15-PO Component and Class 4-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 2 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates, Group 6 Senior Certificates, Group 7 Senior Certificates and Class 15-B Certificates (but not the Component Balances of the Class 3-X-PO Component, Class 3-15-PO Component, Class 6-X-PO Component, Class 6-15-PO Component, Class 7-X-PO Component and Class 7-15-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 3, Loan Group 6 and Loan Group 7 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date or, in the case of the Class 5-A-11, Class 5-A-13 or Class 5-A-14 Certificates, the respective Initial Class Certificate Balance, if lower, until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates shall not be allocated Applied Loss Amountsand Group 5 Senior Certificates, in the case of the Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, the Group 2 Senior Certificates and Group 4 Senior Certificates, in the case of Class X-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 3 Senior Certificates, Group 6 Senior Certificates and Group 7 Senior Certificates, in the case of the Class 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to After the Senior Credit Support Depletion Date for Group 5, on any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for Distribution Date on which the related Class Principal 5-A-14 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 5-A-14 Certificates will be reduced to zeroby the Class 5-A-14 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of such the Class 5-A-13 Certificates will not be reduced by the Class 5-A-14 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 5-A-13 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 5-A-14 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related such Class pro rata in accordance with each Percentage Interest. exceeds its Initial Class Certificate Balance (b) The Group 2plus, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 25-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4A-11, Class 25-A-12 A-13 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 25-A-14 Certificates, until the any Class Principal Balance of the 5-A-11 Accrual Distribution Amounts, Class 25-A-13 Accrual Distribution Amounts or Class 5-A-14 Certificates is reduced to zeroAccrual Distribution Amounts, (Cas applicable, previously added thereto) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among less all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and previously distributed in respect of such Class on prior Distribution Dates (excluding in the allocation case of all losses any Class of Class B Certificates any principal otherwise payable to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-Class B Certificates then outstanding, in reduction of its Class Principal Balancebut used to pay any PO Deferred Amount). (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of each Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing Class Certificate Balance of the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 130-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 30-B Certificates (but not the Component Balance of the Class 30-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and Class 15-B Certificates (but not the Component Balance of the Class 15-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2Subordinate Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, Group 3, Group 4, and Group C-B the Calculated Principal Distribution for a Class of Subordinate Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on of a Group 2is greater than the Class Certificate Balance of such Class, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, the excess shall be allocated distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding of such Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates of such Group then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss is recognized with respect to a Class P Mortgage LoanSenior Credit Support Depletion Date for Group 1, in on any Distribution Date on which case the applicable Class P Fraction of such loss will first be allocated to the Class A1-P Certificates and the remainder of the loss will be allocated as described above); providedA-15 Loss Allocation Amount is greater than zero, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 21-A-11 A-15 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 21-A-11 CertificatesA-15 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 21-A-11 A-1 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 21-A-4A-15 Loss Allocation Amount. Notwithstanding the foregoing, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of on any Distribution Date in which the Class Principal 1-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 21-A-14 A-15 Certificates prior to any reduction for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 21-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date)A-15 Loss Allocation Amount, such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, distributed in reduction of its the Class Principal BalanceCertificate Balance of the Class 1-A-1 Certificates. Any increase in the Class Certificate Balances allocated to the Class 1-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balances of the Class 1-A-15 Certificates. (df) Any allocation by the Trust Administrator Notwithstanding any other provision of Realized Losses to a Certificate or any reduction in the this Section 5.03, no Class Certificate Balance of a Certificate pursuant to this Section 4.02 shall Class will be accomplished by reducing its Certificate Balance, immediately following the distributions made increased on the related any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in accordance with respect of such Class on prior Distribution Dates (excluding in the definition case of “Certificate Balanceany Class of Class B Certificates any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount).”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class X-PO Component of a 30 Year Crossed Loan Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class X-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 3-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 3 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 3-X-PO Component and the Class 15-PO Certificates based on the Component Balance for the Class 3-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates. The Class Certificate Balance of the Class of Class 30-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-X-PO Component and Class 2-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates (other than the Class 115-X PO Certificates) beginning with and Class 15-B Certificates (but not the Component Balance of the Class 3-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group (other than the Class 15-PO Certificates in the case of Group 1 Subordinate 3) in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates then outstanding with of such Group (other than the lowest relative payment priority, Class 15-PO Certificates in each the case until of Group 3) (after giving effect to the respective Class Principal Balance thereof is reduced amount to zerobe distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate (other than the Class 15-PO Certificates in the case of Group 3), based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates or Class 15-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates or Class 15-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates or the Class 15-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates or Class 15-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates shall not be allocated Applied Loss Amountsand Group 2 Senior Certificates, in the case of Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 3 Senior Certificates, in the case of the Class 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to Notwithstanding any other provision of this Section 5.03, no Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Certificate Balance of such a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group Cof Class B Certificates any principal otherwise payable to such Class of Class 30-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group Cor Class 15-B Certificates as follows: (i) except as provided in the parenthetical below, but used to pay any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On each No later than five (5) Business Days prior to the related Distribution Date, the Trust Administrator Master Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class 1-X-PO Component shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class 1-X-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 1 for such Distribution Date. The Applied Loss Amount for any Component Balance of the Class 2-X-PO Component and the Class Certificate Balance of the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 2 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 2-X-PO Component and the Class 15-PO Certificates based on the Component Balance of the Class 2-X-PO Component and the Class Certificate Balance of the Class 15-PO Certificates. The Class Certificate Balance of the Class of Class 30-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 30-B Certificates (but not the Component Balance of the Class 1-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates (other than the Class 115-X PO Certificates) beginning with and Class 15-B Certificates (but not the Component Balance of the Class 2-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 Subordinate 2 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates then of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding with Classes of Senior Certificates of such Group (after giving effect to the lowest relative payment priority, in each case until amount to be distributed as a distribution of principal on such Distribution Date) equals the respective Class Principal Balance thereof is reduced to zeroAdjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class 30-B Certificates to which an Applied Loss Amount has been allocated (including any such or Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 15-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group CClass 30-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, Class 15-B Certificates shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group CClass 30-B Certificates in decreasing order of their alphanumerical or Class designations 15-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class 30-B-6 B Certificates or Class 15-B Certificates), as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Group 1 Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which the case the applicable of Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C30-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition priories set forth in Section 5.02, or, the Group 2 Senior Certificates, in the case of “Certificate BalanceClass 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance principal portion of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, applicable PO Percentage of the principal portion of any Realized Loss on with respect to a Discount Mortgage Loan in such Loan Group shall be allocated to the Class PO Component of the Related Group until the Class Certificate Balance thereof is reduced to zero; and (ii) the applicable Non-PO Percentage of the principal portion of any Realized Loss with respect to a Mortgage Loan in such Loan Group shall be allocated first to the Class 1-B Certificates, in the case of Loan Group 1-CB or Loan Group 1, or the Class 1-B Certificates, in the case of Loan Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class Cof Class 1-B-6 B Certificates or Class 2-B Certificates), as applicable, then outstanding with the highest numerical Class designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, and second, second to the Senior Certificates (other than of the Class A-P and Notional Amount Certificates) related to such Loan Related Group, pro rata, on the basis of their respective Class Principal Certificate Balances immediately prior to the related Distribution Date, until the Class Certificate Balances thereof have been reduced to zero. (except b) The Component Balance of the Class PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction Component Balance of such loss will first be allocated Class PO Component (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Class ACertificate Balance of the Class of Class 1-P B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1-CB Senior Certificates, Group 1 Senior Certificates and Class 1-B Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, Component Balances of the Class Principal 1-CB-PO Component and Class 1-A-PO Component (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and the Class PO Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts for Loan Group 1-CB and Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class 2-A-11 B Certificates for such then outstanding with the highest numerical Class designation shall be reduced on each Distribution DateDate by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until B Certificates and the Class Principal Component Balance of the Class 2-A-11 A-PO Component (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and Class PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount for Loan Group 2 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the difference between (i) the Adjusted Pool Amount for the Related Loan Group for such Distribution Date and (ii) the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction shall be allocated among the Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any Realized Loss allocated to a Class of Certificates or any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 1-B Certificates or Class 2-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 1-B Certificates or Class 2-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 1-B Certificates or Class 2-B Certificates is reduced greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to zero, (B) Realized Losses which would otherwise be allocated to the Classes of Class 1-B Certificates or the Class 2-A-4B Certificates, as the case may be, then outstanding (beginning with the Class of Class 1-B Certificates or Class 2-A-12 and Class 2-A-16 B Certificates, up to an amount equal to 52.49%as the case may be, 15.47% and 32.04%, respectively, of then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of the each such Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated then to the Class 4Group 1-A-10 CB Senior Certificates and Group 1 Senior Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes case of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C1-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition priorities set forth in Section 5.02, or the Group 2 Senior Certificates, in the case of “the Class 2-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-2 Loss Allocation Amount is greater than zero, the Class Certificate BalanceBalance of the Class 1-A-3 Certificates will be reduced by the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Certificate Balance of the Class 1-A-2 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Date, the Trust Securities Administrator shall determine aggregate the information provided by each Servicer with respect to the total amount of Realized Losses, including Excess Losses, experienced on the Applied Loss Amount, if any, Mortgage Loans for such the related Distribution Date. The Applied Loss Amount for . (b) Realized Losses with respect to the Mortgage Loans in any Aggregate Loan Group on any Distribution Date shall be applied by reducing allocated as follows: (i) the Class Principal Balance applicable A-P Percentage of each any Realized Loss, including any Excess Loss, on a Discount Mortgage Loan in a Collateral Allocation Group in an Aggregate Loan Group thereof, based upon the related Applicable Fraction, shall be allocated to the related Class of Group 1 Subordinate Certificates (other than the Class 1A-X P Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts.; and (ii) With respect to (A) the applicable Non-A-P Percentage of any Class of Group 1 Subordinate Certificates to which an Applied Realized Loss Amount has been allocated (including other than any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(iiExcess Loss) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date in Aggregate Loan Group I shall be allocated by the Trust Administrator first to the Classes of Aggregate Group 2I Subordinated Certificates, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Aggregate Group I Subordinated Certificates then outstanding with the highest numerical Class designation) until the respective Class Principal Balance of each such Class is reduced to zero, and second, second to the Aggregate Group I Senior Certificates (other than the any related Class A-P and Certificates or any related Class of Notional Amount Certificates, as applicable) in the related to such Loan Senior Certificate Group, pro rata, rata on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage LoanBalances, in which the case of any Class of Accrual Certificates or Accrual Component, on the basis of the lesser of their Class Principal Balance or Component Balance, as applicable, and their initial Class Principal Balance or Component Balance, as applicable, in each case immediately prior to the related Distribution Date until the respective Class Principal Balance of such Class is reduced to zero, except that (i) the applicable Class Non-A-P Fraction Percentage of such loss will first any Realized Losses on the Collateral Allocation Group 1 Mortgage Loans that would otherwise be allocated to the Class 1-A-2 Certificates will instead be allocated to the Class 1-A-3 Certificates, until its Class Principal Balance is reduced to zero, (ii) the applicable Non-A-P Certificates and the remainder Percentage of the loss will be allocated as described above); provided, however, that (A) any Realized Losses which on the Collateral Allocation Group 2 Mortgage Loans that would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 A-2 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 A-3 Certificates, until the its Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (Biii) the applicable Non-A-P Percentage of any Realized Losses which on the Collateral Allocation Group 3 Mortgage Loans that would otherwise be allocated to the Class 23-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 23-A-14 A-2 Certificates, until the its Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, and (Civ) the applicable Non-A-P Percentage of any Realized Losses which on the Collateral Allocation Group 4 Mortgage Loans that would otherwise be allocated to the Class 4-A-1 CertificatesA-4, Class 4-A-6 or Class 4-A-8 Certificates will instead be allocated to the Class 4-A-2 CertificatesA-5, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 A-7 and Class 4-A-4 A-9 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect are reduced to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”zero;

Allocation of Losses. (ia) The Group 1 Certificates. On each Distribution Date, the Trust Administrator Trustee shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iib) With All Realized Losses on the Mortgage Loans shall be deemed to have been allocated in the specified percentages, as follows: with respect to any Class Realized Losses on the Group I Mortgage Loans, first, to Uncertificated Accrued Interest payable to the REMIC 1 Regular Interest LT1A and REMIC 1 Regular Interest LT1F up to an aggregate amount equal to the REMIC 1 Group I Interest Loss Allocation Amount, 98% and 2%, respectively; second, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A and REMIC 1 Regular Interest LT1F up to an aggregate amount equal to the REMIC 1 Group I Principal Loss Allocation Amount, 98% and 2%, respectively; third, to the Uncertificated Principal Balances of REMIC 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which Regular Interest LT1A, REMIC 1 Regular Interest LT1E and REMIC 1 Regular Interest LT1F, 98%, 1% and 1%, respectively, until the related Class Uncertificated Principal Balance of REMIC 1 Regular Interest LT1E has been reduced to zero); fourth, to the Class Uncertificated Principal Balance of such Class will be increased on any Distribution Date by REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1D and REMIC 1 Regular Interest LT1F, 98%, 1% and 1%, respectively, until the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Uncertificated Principal Balance of a Class REMIC 1 Regular Interest LT1D has been reduced to zero; and fifth to the Uncertificated Principal Balances of Group REMIC 1 Subordinate Certificates shall increase Regular Interest LT1A, REMIC 1 Regular Interest LT1C and REMIC 1 Regular Interest LT1F, 98%, 1% and 1%, respectively, until the Certificate Uncertificated Principal Balance of the related Class pro rata in accordance REMIC 1 Regular Interest LT1C has been reduced to zero; and with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. respect to Realized Losses on the Loan Group 22 Mortgage Loans, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to Uncertificated Accrued Interest payable to the REMIC 1 Regular Interest LT1G and REMIC 1 Regular Interest LT1L up to an aggregate amount equal to the REMIC 1 Loan Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates)2 Interest Loss Allocation Amount, until the respective Class Principal Balance of each such Class is reduced to zero98% and 2%, and respectively; second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Uncertificated Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates REMIC 1 Regular Interest LT1G and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, REMIC 1 Regular Interest LT1L up to an aggregate amount equal to 80.00the REMIC 1 Loan Group 2 Principal Loss Allocation Amount, 98% and 20.002%, respectively; third, to the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1G, REMIC 1 Regular Interest LT1K and REMIC 1 Regular Interest LT1L, 98%, 1% and 1%, respectively, of until the Class Uncertificated Principal Balance of the Class 2-A-11 Certificates for such Distribution DateREMIC 1 Regular Interest LT1K has been reduced to zero; fourth, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Uncertificated Principal Balance of the Class 2-A-11 Certificates is reduced to zeroREMIC 1 Regular Interest LT1G, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4REMIC 1 Regular Interest LT1J and REMIC 1 Regular Interest LT1L, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.4998%, 15.471% and 32.041%, respectively, of until the Class Uncertificated Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is REMIC 1 Regular Interest LT1J has been reduced to zero, (C) Realized Losses which would otherwise be allocated ; and fifth to the Class 4-A-1 CertificatesUncertificated Principal Balances of REMIC 1 Regular Interest LT1G, will instead be allocated to the Class 4-A-2 CertificatesREMIC 1 Regular Interest LT1I and REMIC 1 Regular Interest LT1L, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero98%, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.631% and 39.371%, respectively, of until the Class Uncertificated Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is REMIC 1 Regular Interest LT1I has been reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total applicable Class PO Fraction of the Applied Loss Amountany Realized Loss, if anyincluding any Excess Loss, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall on a Class PO Mortgage Component in Subgroup 1-1 or Subgroup 2-1 will be applied by reducing allocated to the Class Principal Balance of each Class of Group 1 Subordinate A-P Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective its Class Principal Balance thereof Amount is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among To the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased extent funds are available on any that Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a or any future Distribution Date pursuant to this Section 4.02(a)(ii) shall 5.02(a)(iii), the related Class PO Shortfall Amount will be made paid to the Class A-P Certificates, prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage InterestCertificates. (b) The Group 2On or prior to each Distribution Date, Group 3the Securities Administrator shall aggregate the information provided by each Servicer with respect to the total amount of Realized Losses, Group 4including Excess Losses, and Group C-B Certificates. experienced on the Mortgage Loans or Mortgage Components, as applicable, for the related Distribution Date. (c) Realized Losses on the Group 2, Group 3 Pool 1 and Group 4 Pool 2 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Securities Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i1) except as provided in On each Distribution Date, the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, Losses (other than an Excess Loss, Losses and the Class PO Fraction of Realized Losses on Class PO Mortgage Components) on the Mortgage Loans shall be allocated as follows: first, to the Group C-B Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates with the highest numerical Class designation) until the respective Class Principal Balance Amount of each such Class is reduced to zero, ; and second, to the Senior Certificates (other than the Interest-Only and Class A-P and Notional Amount Certificates) of the Certificate Group related to the Mortgage Group sustaining such Loan Grouploss, pro rata, based on the basis of their respective Class Principal Balances (except if Amounts, until the loss Class Principal Amount of each such Class of Senior Certificates is recognized with respect reduced to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first zero; provided however that Realized Losses that would otherwise be allocated to (i) on the Class ASubgroup 1-P Certificates and the remainder of the loss will be allocated as described above); provided, however, 1 Mortgage Components that (A) Realized Losses which would otherwise be allocated to the Class 21-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 41-A-2 Certificates, until the Class Principal Balance Amount of the Class 41-A-2 Certificates is has been reduced to zero, (Dii) Realized Losses which on the Subgroup 1-2 Mortgage Components that would otherwise be allocated to the Class 41-A-3 A-11, Class 1-A-12, Class 1-A-13, Class 1-A-14, Class 1-A-15 and Class 41-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 A-16 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 41-A-11 A-93 Certificates, until the Class Principal Balance Amount of the Class 41-A-11 A-93 Certificates is has been reduced to zero and zero, (Eiii) Realized Losses which on the Subgroup 1-2 Mortgage Components that would otherwise be allocated to the Class 41-A-10 CertificatesA-20, Class 1-A-21, Class 1-A-22, Class 1-A-23, Class 1-A-24 and Class 1-A-25 Certificates will instead be allocated to the Class 41-A-14 A-94 Certificates, until the Class Principal Balance Amount of the Class 41-A-14 A-94 Certificates is has been reduced to zero, (iv) on the Subgroup 1-2 Mortgage Components that would otherwise be allocated to the Class 1-A-26, Class 1-A-27, Class 1-A-30, Class 1-A-31, Class 1-A-32, Class 1-A-33 and Class 1-A-34 Certificates will instead be allocated to the Class 1-A-95 Certificates, until the Class Principal Amount of the Class 1-A-95 Certificates has been reduced to zero, (v) on the Subgroup 1-3 Mortgage Components that would otherwise be allocated to the Class 1-A-28 Certificates will instead be allocated to the Class 1-A-40 Certificates, until the Class Principal Amount of the Class 1-A-40 Certificates has been reduced to zero, (vi) on the Subgroup 1-4 Mortgage Components that would otherwise be allocated to the Class 1-A-49, Class 1-A-50, Class 1-A-54, Class 1-A-55, Class 1-A-56, Class 1-A-57 and Class 1-A-58 Certificates will instead be allocated to the Class 1-A-59 Certificates, until the Class Principal Amount of the Class 1-A-59 Certificates has been reduced to zero and (vii) on the Subgroup 1-5 Mortgage Components that would otherwise be allocated to the Class 1-A-60 Certificates will instead be allocated to the Class 1-A-62 Certificates, until the Class Principal Amount of the Class 1-A-62 Certificates has been reduced to zero. (ii2) except as provided in the parenthetical belowOn each Distribution Date, Excess Losses for on a Mortgage Component in a Subgroup, other than the Group 2Class PO Fraction of the Excess Loss on a Class PO Mortgage Component, Group 3 and Group 4 Mortgage Loans will be allocated pro rata among all Classes of Group 2, Group 3 and Group 4 the Senior Certificates (other than the Interest-Only and Class A-P and Notional Amount Certificates) of the related Certificate Group and Group C-B the Subordinate Certificates as follows: (i) in the case of such Senior Certificates, based on their Class Principal Amounts and (ii) in the case of the Subordinate Certificates, pro ratarata based on each Classes’ share of the Apportioned Principal Balance for the related Mortgage Group; provided, however, on any Distribution Date on or after the related Credit Support Deletion Date, any such Excess Losses will be allocated pro rata among the classes of Senior Certificates (other than the Interest-Only and Class A-P Certificates) based on their respective Class Principal Balances (except if the loss is recognized with respect Amounts immediately prior to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Distribution Date. (cd) [Reserved] (e) On each Distribution Date, if the sum Class Principal Amount of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Subordinate Certificates then outstanding with the highest numerical Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and designation shall be allocated reduced by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal BalanceSubordinate Certificate Writedown Amount. (df) [Reserved] (g) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate loss pursuant to this Section 4.02 5.03 to a Class of Certificates shall be accomplished achieved by reducing its Certificate Balancethe Class Principal Amount thereof by the amount of such loss. (h) If Subsequent Recoveries have been received with respect to a Liquidated Mortgage Loan, immediately following the distributions made amount of such Subsequent Recoveries will be applied sequentially, in the order of payment priority, to increase the Class Principal Amount of each Class of Certificates to which Realized Losses have been allocated in respect of the related Liquidated Mortgage Loan, but in each case by not more than the amount of Realized Losses previously allocated to that Class of Certificates pursuant to this Section 5.03. Holders of such Certificates will not be entitled to any payment in respect of the Interest Distribution Amount on the related amount of such increases for any Accrual Period preceding the Distribution Date in accordance with on which such increase occurs. Any such increases shall be applied pro rata to the definition Principal Amount of “each Certificate Balanceof such Class.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Applied Loss AmountClass PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class 30-B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced on each Distribution Date by the amount, in each case until if any, by which the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-PO Component, Class 2-PO Component, Class 3-PO Component and Class 4-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 5 Senior Certificates, Group 6 Senior Certificates and Class 15-B Certificates (but not the Component Balances of the Class 5-PO Component and Class 6-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for the 15 Year Crossed Loan Groups for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances or, in the case of the Class 2-A-4 Certificates, their Initial Class Certificate Balance, if lower, immediately prior to such Distribution Date. (c) Any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class 30-B Certificates to which an Applied Loss Amount has been allocated (including any such or Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 15-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group CClass 30-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, Class 15-B Certificates shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group CClasses of Class 30-B Certificates in decreasing order of their alphanumerical or the Class designations 15-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class 30-B-6 B Certificates or Class 15-B Certificates), as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Group 1 Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Group 2 Senior Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 Senior Certificates and Group 4 Mortgage Loans will be allocated among all Classes Senior Certificates, in the case of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C30-B Certificates, pro rata, based on their respective Class Principal Balances (except if in accordance with the loss is recognized with respect to a Class P Mortgage Loanpriorities set forth in Section 5.02, or the Group 5 Senior Certificates and Group 6 Senior Certificates, in which the case the applicable Class P Fraction of such loss will first be allocated to the Class A15-P Certificates and B Certificates, pro rata, in accordance with the remainder of the loss will be allocated as described above)priorities set forth in Section 5.02. (ce) On each After the Senior Credit Support Depletion Date for the 15 Year Crossed Groups, on any Distribution DateDate on which the Class 5-A-2 Loss Allocation Amount is greater than zero, if the Class Certificate Balance of the Class 5-A-2 Certificates will be reduced by the Class 5-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 5-A-1 Certificates will not be reduced by the Class 5-A-2 Loss Allocation Amount. After the Senior Credit Support Depletion Date for the 15 Year Crossed Groups, on any Distribution Date on which the Class 6-A-1 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 6-A-1 Certificates will be reduced by Class 6-A-1 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 6-A-2 Certificates and Class 6-A-3 Certificates will not be reduced by the Class 6-A-1 Loss Allocation Amount. Notwithstanding the foregoing, (i) on any Distribution Date in which the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, 6-A-2 Loss Amount and Class A6-P and Group C-B Certificates A-3 Loss Amount exceeds the aggregate Stated Principal Class Certificate Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect Class 6-A-1 Certificates prior to distributions of principal and any reduction for the allocation of all losses to such Certificates on such Distribution Date)Class 6-A-1 Loss Allocation Amount, such excess will be deemed a principal loss distributed, pro rata, based on the Class 6-A-2 Loss Amount and shall be allocated by the Trust Administrator to the most junior Class of Group C6-B Certificates then outstandingA-3 Loss Amount, in reduction of its the Class Principal BalanceCertificate Balances of the Class 6-A-2 and Class 6-A-3 Certificates. (df) Any allocation by the Trust Administrator of With respect to any Distribution Date, Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date allocated to each Uncertificated Lower-Tier Interest Component or Components as provided in accordance with the definition of “Certificate BalanceSection 5.02(a). Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a).”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to Section 5.03(b) below. (b) The Component Balance of the PO Component of each Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Class Certificate Balance of the Class 5-PO Certificates shall be reduced on each Distribution Date shall be applied by reducing the amount, if any, by which the Class Principal Certificate Balance of each such Class (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Loan Group 1 Subordinate Certificates (other than the 5 for such Distribution Date. The Class 1-X Certificates) beginning with Certificate Balance of the Class of Group 1 Subordinate Class B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Non-PO Certificates and Class B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for all Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Non-PO Certificates of each Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Non-PO Certificates of such Group (after giving effect to zerothe amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Non-PO Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group C-Classes of Class B Certificates in decreasing order of their alphanumerical Class designations then outstanding (beginning with the Class C-B-6 Certificates), of Class B Certificates then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Non-PO Certificates (other than the Class A-P and Notional Amount Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss is recognized with respect to a Class P Mortgage LoanSenior Credit Support Depletion Date, in on any Distribution Date on which case the applicable Class P Fraction of such loss will first be allocated to the Class A5-P Certificates and the remainder of the loss will be allocated as described above); providedA-4 Loss Allocation Amount is greater than zero, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 25-A-11 A-4 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 25-A-11 CertificatesA-4 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 25-A-11 A-3 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 25-A-4A-4 Loss Allocation Amount. Notwithstanding the foregoing, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of on any Distribution Date in which the Class Principal 5-A-3 Loss Amount exceeds the Class Certificate Balance of the Class 25-A-14 A-4 Certificates prior to any reduction for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 45-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date)Loss Allocation Amount, such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, distributed in reduction of its the Class Principal BalanceCertificate Balance of the Class 5-A-3 Certificates. Any increase in Class Certificate Balance allocated to the Class 5-A-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 5-A-4 Certificates. (df) Any allocation by the Trust Administrator Notwithstanding any other provision of Realized Losses to a Certificate or any reduction in the this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount). (g) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balanceallocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a) and to each Uncertificated Middle-Tier Interest in an amount equal to the Realized Losses allocated to such Uncertificated Middle-Tier Interest's Corresponding Upper Tier Class, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate BalanceClasses or Component.”

Allocation of Losses. (ia) The Group 1 Certificates. On each No later than five (5) Business Days prior to the related Distribution Date, the Trust Master Servicer shall inform the Securities Administrator in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Securities Administrator shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes (i) in the case of the Shifting Interest Certificates, pursuant to the operation of Section 5.04(b)(i) and (ii) in the case of the Overcollateralized Certificates, pursuant to the operation of Section 5.04(c). -143- (b) Allocation of Losses on the Shifting Interest Certificates. (i) The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates of the Crossed Groups and the Class X-B Certificates (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the sum of the Adjusted Pool Amounts for all the Crossed Loan Groups for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class 5-B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates of Group 5 and the Class 5-B Certificates (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount for all Loan Group 5 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Shifting Interest Certificates of a Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to zerothe amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Senior Certificates of such Shifting Interest Group 1 Subordinate based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (ii) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.04(b)(i) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iiiii) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related X-B or Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 5-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance allocation of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. any Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any the Shifting Interest Mortgage Loans for such Distribution Date shall be allocated by Date; provided, however, the Trust Administrator actual payment of principal to the Classes of Group 2, Group 3, Group 4, and Group CClass X-B or Class 5-B Certificates as follows: shall be made subsequent to the allocation of Realized Losses with respect to the Shifting Interest Mortgage Loans for such Distribution Date. In the event that after the allocation of Realized Losses with respect to the Shifting Interest Mortgage Loans for a Distribution Date, the Calculated Principal Distribution for a Class of Class X-B or Class 5-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed (i) except as provided in the parenthetical belowfirst, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated firstsequentially, to the Group CClasses of Class X-B Certificates in decreasing order of their alphanumerical or Class designations 5-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class X-B-6 B or Class 5-B Certificates), as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, (ii) then to the Senior Certificates of the Crossed Groups (other than in the case of the Class AX-P and Notional Amount B Certificates) related or to such Loan GroupGroup 5 (in the case of the Class 5-B Certificates), pro rata, rata on the basis of their respective Class Principal Certificate Balances. (iv) (A) After the Senior Credit Support Depletion Date for the Crossed Groups: (1) On any Distribution Date on which the Class 1-A-5 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-5 Certificates will be reduced by the Class 1-A-5 Loss Allocation Amount and, notwithstanding Section 5.04(b)(i), the Class Certificate Balances (except if of the loss is recognized with respect Class 1-A-2 Certificates, the Class 1-A-3 Certificates and the Class 1-A-4 Certificates will not be reduced by the Class 1-A-5 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the sum of the Class 1-A-2 Loss Amount, the Class 1-A-3 Loss Amount and the Class 1-A-4 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-5 Certificates prior to a any reduction for the Class P Mortgage Loan1-A-5 Loss Allocation Amount, such excess will be distributed, pro rata, in which case reduction of the applicable Class P Fraction Certificate Balances of such loss will first be the Class 1-A-2 Certificates, the Class 1-A-3 Certificates and the Class 1-A-4 Certificates. Any increase in the Class Certificate Balance allocated to the Class A1-P A-2 Certificates, the Class 1-A-3 Certificates and the remainder Class 1-A-4 Certificates pursuant to Section 5.04(b)(i) will instead increase the Class Certificate Balance of the loss Class 1-A-5 Certificates. (2) On any Distribution Date on which the Class 2-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-2 Certificates will be allocated as described abovereduced by the Class 2-A-2 Loss Allocation Amount and, notwithstanding Section 5.04(b)(i); provided, howeverthe Class Certificate Balance of the Class 2-A-1 Certificates will not be reduced by the Class 2-A-2 Loss Allocation Amount. Notwithstanding the foregoing, that (A) Realized Losses on any Distribution Date in which would otherwise the Class 2-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-2 Certificates prior to any reduction for the Class 2-A-2 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 2-A-1 Certificates. Any increase in the Class Certificate Balance allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up A-1 Certificates pursuant to an amount equal to 80.00% and 20.00%, respectively, of Section 5.04(b)(i) will instead increase the Class Principal Certificate Balance of the Class 2-A-11 A-2 Certificates. (3) On any Distribution Date on which the Class 3-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-2 Certificates will be reduced by the Class 3-A-2 Loss Allocation Amount and, notwithstanding Section 5.04(b)(i), the Class Certificate Balance of the Class 3-A-1 Certificates will not be reduced by the Class 3-A-2 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 3-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 3-A-2 Certificates prior to any reduction for the Class 3-A-2 Loss Allocation Amount, such Distribution Date, and up to a cumulative maximum excess will be distributed in reduction of $4,800,000 and $1,200,000, respectively, will instead be the Class Certificate Balance of the Class 3-A-1 Certificates. Any increase in the Class Certificate Balance allocated to the Class 23-A-11 Certificates, until A-1 Certificates pursuant to Section 5.04(b)(i) will instead increase the Class Principal Certificate Balance of the Class 23-A-11 Certificates A-2 Certificates. (4) On any Distribution Date on which the Class 4-A-4 Loss Allocation Amount is reduced to greater than zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Certificate Balance of the Class 24-A-14 A-4 Certificates for such will be reduced by the Class 4-A-4 Loss Allocation Amount and, notwithstanding Section 5.04(b)(i), the Class Certificate Balances of the Class 4-A-1, Class 4-A-2 and Class 4-A-3 Certificates will not be reduced by the Class 4-A-4 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution DateDate in which the sum of the Class 4-A-1 Loss Amount, the Class 4-A-2 Loss Amount, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 24-A-14 Certificates, until A-3 Loss Amount exceeds the Class Principal Certificate Balance of the Class 24-A-14 A-4 Certificates is reduced prior to zeroany reduction for the Class 4-A-4 Loss Allocation Amount, (C) Realized Losses which would otherwise such excess will be distributed, pro rata, in reduction of the Class Certificate Balances of the Class 4-A-1, Class 4-A-2 and Class 4-A-3 Certificates. Any increase in the Class Certificate Balance allocated to the Class 4-A-1 CertificatesA-1, will instead be allocated to the Class 4-A-2 Certificates, until and Class 4-A-3 Certificates pursuant to Section 5.04(b)(i) will instead increase the Class Principal Certificate Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On each No later than five (5) Business Days prior to the related Distribution Date, the Trust Master Servicer shall inform the Securities Administrator in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Securities Administrator shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the designated Classes pursuant to the operation of Section 5.03(b). (b) Any Mezzanine Applied Realized Loss Amount for any a Distribution Date shall will be applied by reducing allocated in reduction of the Class Principal Certificate Balances of the Mezzanine Certificates, in numerical order, beginning with the class of Mezzanine Certificates with the highest numerical class designation, and until the respective Class Certificate Balances thereof are reduced to zero. After the Distribution Date on which the Class Certificate Balance of the Class M-1 Certificates has been reduced to zero, each Class of Group 1 Subordinate Certificates (other than Applied Realized Loss Amount for a Distribution Date will be allocated in reduction of the Class Certificate Balance of the Class 1-X Certificates) beginning with A-1 Certificates and each Group 2 Applied Realized Loss Amount for a Distribution Date will be allocated in reduction of the Class Certificate Balance of Group 1 Subordinate the Class 2-A-2 Certificates then outstanding with the lowest relative payment priority, in each case until the respective their Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Certificate Balance has been reduced to zero and then allocated concurrently to the Class 2-A-1, Class 2-A-3, Class 2-A-4 and Class 2-A-5 Certificates, pro rata, until their Class Certificate Balances have been reduced to zero. Notwithstanding any other provision of this Section 5.03(b), the no Class Principal Certificate Balance of such a Class of Certificates will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the exceeds its Initial Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among less all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation previously distributed in respect of all losses to such Certificates Class on such prior Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal BalanceDates. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (i) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, Group 5 and Group C-B Certificates. Realized Losses on the Group 2, Group 3 3, Group 4 and Group 4 5 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, Group 5 and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 3, Group 4, or Group 4 5 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances; provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 23-A-10 and Class 2-A-13 A-1 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 23-A-11 A-2 Certificates, until the Class Principal Balance of the Class 23-A-11 A-2 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 25-A-4, Class 2-A-12 A-1 and Class 25-A-16 A-7 Certificates, up to an amount equal to 52.49%, 15.4764.16% and 32.0435.84%, respectively, of the Class Principal Balance of the Class 25-A-14 Certificates A-16Certificate for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 3,750,000 and $2,071,4002,095,000, respectively, will instead be allocated to the Class 25-A-14 A-16 Certificates, until the Class Principal Balance of the Class 25-A-14 A-16 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 45-A-1 A-3 Certificates, will instead be allocated to the Class 45-A-2 A-8 Certificates, until the Class Principal Balance of the Class 45-A-2 A-8 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 45-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 45-A-11 A-6 Certificates, until the Class Principal Balance of the Class 45-A-11 A-6 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 45-A-10 Certificates, will instead be allocated to the Class 45-A-14 A-12 Certificates, until the Class Principal Balance of the Class 45-A-14 A-12 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 3, Group 4 and Group 4 5 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 3, Group 4 and Group 4 5 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances. (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Group 5 and Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 3, Group 4 and Group 4 5 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to Section 5.03(b) below. (b) The Class Certificate Balance of the Class 1-PO or Class 2-PO Certificates, as the case may be, shall be reduced on each Distribution Date by the amount, if any, by which the Class Certificate Balance of such Class (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with lowest in order of payment priority shall be reduced or increased on each Distribution Date by the lowest relative payment priorityamount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Senior Non-PO Certificates of Group 1 and Group 1 Subordinate Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Group 2 Subordinate Certificates then outstanding lowest in order of payment priority shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Non-PO Certificates of Group 2 and Group 2 Subordinate Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances or in the case of the Exchangeable REMIC Certificates, the Calculation Balances, of the Senior Non-PO Certificates (other than the Exchangeable Certificates) of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances or in the case of the Exchangeable REMIC Certificates, such Calculation Balances, of all outstanding Classes of Senior Non-PO Certificates (other than the Exchangeable Certificates) of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Senior Non-PO Certificates (other than the Exchangeable Certificates and the Class 1-A-31 Certificates) of such Group and in the case of Group 1 Subordinate the Components, based on the Class Certificate Balances or Component Balances or in the case of the Exchangeable REMIC Certificates, such Calculation Balances, immediately prior to such Distribution Date until the Class Certificate Balances or Calculation Balances thereof have been reduced to zero or, in the case of the Class 1-A-21, Class 1-A-22, Class 2-A-11 or Class 2-A-14 Certificates, the respective Initial Class Certificate Balance, if lower, until the Class Certificate Balances or Calculation Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2Subordinate Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, Group 3, Group 4, and Group C-B the Calculated Principal Distribution for a Class of Subordinate Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on of a Group 2is greater than the Class Certificate Balance of such Class, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, the excess shall be allocated distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding of such Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates of such Group then outstanding highest in order of payment priority) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Non-PO Certificates (other than the Class A-P and Notional Amount Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-2 Loss Allocation Amount is recognized with respect to a greater than zero, the Class P Mortgage LoanCertificate Balance of the Class 1-A-2 Certificates will be reduced by the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-1 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which case the applicable Class P Fraction of such loss will first be allocated to the Class A1-P Certificates and A-1 Loss Amount exceeds the remainder Class Certificate Balance of the loss Class 1-A-2 Certificates prior to any reduction for the Class 1-A-2 Loss Allocation Amount, such excess will be allocated as described abovedistributed in reduction of the Class Certificate Balance of the Class 1-A-1 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-8 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-8 Certificates will be reduced by the Class 1-A-8 Loss Allocation Amount and, notwithstanding Section 5.03(b); provided, howeverthe Class Certificate Balance of the Class 1-A-7 Certificates will not be reduced by the Class 1-A-8 Loss Allocation Amount. Notwithstanding the foregoing, that (A) Realized Losses on any Distribution Date in which would otherwise the Class 1-A-7 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-8 Certificates prior to any reduction for the Class 1-A-8 Loss Allocation Amount, such excess will be allocated distributed in reduction of the Class Certificate Balance of the Class 1-A-7 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-10 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-10 Certificates will be reduced by the Class 1-A-10 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-9 Certificates will not be reduced by the Class 1-A-10 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-9 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-10 Certificates prior to any reduction for the Class 1-A-10 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-9 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-13 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-13 Certificates will be reduced by the Class 1-A-13 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-12 Certificates will not be reduced by the Class 1-A-13 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-12 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-13 Certificates prior to any reduction for the Class 1-A-13 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-12 Certificates. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-19 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-19 Certificates will be reduced by the Class 1-A-19 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-18 Certificates will not be reduced by the Class 1-A-19 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-18 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-19 Certificates prior to any reduction for the Class 1-A-19 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-18 Certificates. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-10 and A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-13 CertificatesA-2 Certificates will be reduced by the Class 2-A-2 Loss Allocation Amount and, up to an amount equal to 80.00% and 20.00%notwithstanding Section 5.03(b), respectively, the Class Certificate Balance of the Class Principal 2-A-1 Certificates will not be reduced by the Class 2-A-2 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 2-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-2 Certificates prior to any reduction for the Class 2-A-2 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 2-A-1 Certificates. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-6 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-6 Certificates will be reduced by the Class 2-A-6 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-5 Certificates will not be reduced by the Class 2-A-6 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 2-A-5 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-6 Certificates prior to any reduction for the Class 2-A-6 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 2-A-5 Certificates. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-9 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-9 Certificates will be reduced by the Class 2-A-9 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-8 Certificates will not be reduced by the Class 2-A-9 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 2-A-8 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-9 Certificates prior to any reduction for the Class 2-A-9 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 2-A-8 Certificates. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-12 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-12 Certificates will be reduced by the Class 2-A-12 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-11 Certificates for such will not be reduced by the Class 2-A-12 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to Date in which the Class 2-A-11 Certificates, until Loss Amount exceeds the Class Principal Certificate Balance of the Class 2-A-12 Certificates prior to any reduction for the Class 2-A-12 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be Certificates. Any increase in the Class Certificate Balances allocated to the Class 21-A-4A-1, Class 1-A-7, Class 1-A-9, Class 1-A-12, Class 1-A-18, Class 2-A-12 A-1, Class 2-A-5, Class 2-A-8 and Class 2-A-16 Certificates, up A-11 Certificates pursuant to an amount equal to 52.49%, 15.47% and 32.04%, respectively, Section 5.03(b) will instead increase the Class Certificate Balances of the Class Principal 1-A-2, Class 1-A-8, Class 1-A-10, Class 1-A-13, Class 1-A-19, Class 2-A-2, Class 2-A-6, Class 2-A-9 and Class 2-A-12 Certificates, respectively. For purposes of the foregoing two paragraphs, any references to the Class Certificate Balance of a Class of Super Senior Certificates or Super Senior Support Certificates that are Exchangeable REMIC Certificates refer to the Calculation Balance of such Class. Any decrease in the principal portion of Realized Losses allocated to a Class of Super Senior Certificates in an Exchangeable REMIC Combination in accordance with the second preceding paragraph will be further allocated between such Class and the Related Exchangeable Class. A Class of Exchangeable Certificates received in an exchange of a Class of Exchangeable REMIC Certificates which are Super Senior Certificates, will be allocated a proportionate share of any decrease in the principal portion of Realized Losses allocated to such Class of Super Senior Certificates in the Exchangeable REMIC Combination. Any principal portion of Realized Losses allocated to a Class of Super Senior Support Certificates in an Exchangeable REMIC Combination in accordance with the second preceding paragraph will be further allocated between such Class and the Related Exchangeable Class. A Class of Exchangeable Certificates received in exchange of a Class of Exchangeable REMIC Certificates which are Super Senior Support Certificates will be allocated a proportionate share of the principal portion of Realized Losses allocated to such Class of Super Senior Support Certificates in the Exchangeable REMIC Combination. Any increase in balance to a Class of Super Senior Support Certificates in an Exchangeable REMIC Combination as a result of the application of the preceding paragraph will be allocated between such Class and the Related Exchangeable Class. Any reduction of an increase in balance of a Class of Super Senior Certificates in an Exchangeable REMIC Combination as a result of the application of the preceding paragraph will be allocated between such Class and the Related Exchangeable Class. Such allocation to a Class of Exchangeable Certificates shall be based on its proportionate share of such increase or reduction of an increase in the balance of the Related Exchangeable REMIC Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class (other than a Class of Exchangeable REMIC Certificates or Exchangeable Certificates) exceeds its Initial Class Certificate Balance (plus, in the case of the Class 1-A-21, Class 1-A-22, Class 2-A-14 Certificates for such Distribution Date, A-11 and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the any Class Principal Balance of the 1-A-21 Accrual Distribution Amounts, Class 1-A-22 Accrual Distribution Amounts, Class 2-A-1 Accrual Distribution Amounts or Class 2-A-14 Accrual Distribution Amounts, as applicable, previously added thereto) or in the case of a Class of Exchangeable REMIC Certificates is reduced or Exchangeable Certificates, the Aggregate Denomination, less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Subordinate Certificates any principal otherwise payable to zerosuch Class of Subordinate Certificates but used to pay any applicable PO Deferred Amount). (g) With respect to any Distribution Date, (C) Realized Losses which would otherwise allocated pursuant to this Section 5.03 will be allocated to the Class 4each Uncertificated Lower-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (DTier Interest as described in Section 5.02(a) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to in an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be Realized Losses allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”Unc

Allocation of Losses. (ia) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total applicable Class P Fraction of the Applied Loss Amountany Realized Loss, if anyincluding any Excess Loss, for such Distribution Dateon a Class P Mortgage Component or Class P Mortgage Loan in Subgroup 1-1. The Applied Loss Amount for any Distribution Date shall Subgroup 2-1 or Pool 3 will be applied by reducing allocated to the Class Principal Balance of each Class of Group 1 Subordinate A-P Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective its Class Principal Balance thereof Amount is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among To the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased extent funds are available on any that Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a or any future Distribution Date pursuant to this Section 4.02(a)(ii) shall 5.02(a)(4), the related Class P Shortfall Amount will be made paid to the Class A-P Certificates, prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage InterestCertificates. (b) The Group 2On or prior to each Distribution Date, Group 3the Securities Administrator shall aggregate the information provided by each Servicer with respect to the total amount of Realized Losses, Group 4including Excess Losses, and Group C-B Certificates. experienced on the Mortgage Loans or Mortgage Components, as applicable, for the related Distribution Date. (c) Realized Losses on the Group 2Pool 1, Group Pool 2 and Pool 3 and Group 4 Mortgage Loans or, in the case of subparagraph (b)(1)(i) second, below, Mortgage Components in a Group 1 or Group 2 Subgroup with respect to any Distribution Date shall be allocated by the Trust Securities Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i1) except as provided in On each Distribution Date, the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, Losses (other than an Excess Loss, Losses) (other than the Class P Fraction of Realized Losses on Class P Mortgage Components or Class P Mortgage Loans) shall be allocated as follows: first, to the Group C-B Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates with the highest numerical Class designation) until the respective Class Principal Balance Amount of each such Class is reduced to zero, and ; second, to the Senior Certificates (other than the Class AInterest-P Only and Notional Amount Principal-Only Certificates) of the Certificate Group related to the Mortgage Group sustaining such Loan Grouploss, pro rata, based on the basis of their respective Class Principal Balances Amounts, until the Class Principal Amount of each such Class of Senior Certificates is reduced to zero; provided, however; (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first i) Realized Losses that would otherwise be allocated to the Class A1-P A-1 Certificates and will instead be allocated to the remainder Class 1-A-9 Certificates until the Class Principal Balance of the loss will be allocated as described above); providedClass 1-A-9 Certificates is reduced to zero, however, that (Aii) Realized Losses which that would otherwise be allocated to the Class 1-A-4 Certificates will instead be allocated to the Class 1-A-5 Certificates until the Class Principal Balance of the Class 1-A-5 Certificates is reduced to zero, (iii) Realized Losses that would otherwise be allocated to the Class 1-A-6 Certificates will instead be allocated to the Class 1-A-10 Certificates until the Class Principal Balance of the Class 1-A-10 Certificates is reduced to zero, (iv) Realized Losses that would otherwise be allocated to the Class 2-A-10 A-9, Class 2-A-10, Class 2-A-11 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 A-12 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, A-13 Certificates until the Class Principal Balance of the Class 2-A-11 A-13 Certificates is reduced to zero, zero and (Bv) Realized Losses which that would otherwise be allocated to the Class 2-A-4, Class 2-A-12 A-14 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, A-18 Certificates until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 A-18 Certificates is reduced to zero. (ii2) except as provided in the parenthetical belowOn each Distribution Date, Excess Losses for on a Mortgage Component or Mortgage Loan, other than the Group 2Class P Fraction of the Excess Loss on a Class P Mortgage Component or Class P Mortgage Loan, Group 3 and Group 4 Mortgage Loans will be allocated pro rata among all Classes of Group 2, Group 3 and Group 4 the Senior Certificates (other than the Class AInterest-P Only and Notional Amount Principal-Only Certificates) of the related Certificate Group and Group C-B the Subordinate Certificates as follows: (i) in the case of such Senior Certificates, based on their Class Principal Amounts and (ii) in the case of the Subordinate Certificates, pro ratarata based on each Classes’ share of the Apportioned Principal Balance for the related Mortgage Group; provided, however, on any Distribution Date on or after the Credit Support Deletion Date, any such Excess Losses will be allocated pro rata among the classes of Senior Certificates (other than the Interest-Only and Principal-Only Certificates) based on their respective Class Principal Balances (except if the loss is recognized with respect Amounts immediately prior to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Distribution Date. (cd) [reserved] (e) [reserved] (f) On each Distribution Date, if the sum Class Principal Amount of the Class of Subordinate Certificates then outstanding with the highest numerical Class designation shall be reduced by the amount, if any, by which the aggregate of the Class Principal Balance Amounts of all Group 2, Group 3, Group 4, Class A-P and Group C-B outstanding Classes of Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions the distribution of principal and the allocation of all losses to such Certificates Realized Losses on such Distribution Date) exceeds the Aggregate Stated Principal Balance of Pool 1, Pool 2 and Pool 3 in the aggregate for the following Distribution Date (such amount for any Distribution Date, the “Subordinate Certificate Write-down Amount”), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (dg) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate loss pursuant to this Section 4.02 5.03 to a Class of Certificates shall be accomplished achieved by reducing its Certificate Balancethe Class Principal Amount thereof by the amount of such loss. (h) If Subsequent Recoveries have been received with respect to a Liquidated Mortgage Loan, immediately following the distributions made amount of such Subsequent Recoveries will be applied sequentially, in the order of payment priority, to increase the Class Principal Amount of each Class of Certificates to which Realized Losses have been allocated in respect of the related Liquidated Mortgage Loan, but in each case by not more than the amount of Realized Losses previously allocated to that Class of Certificates pursuant to this Section 5.03. Holders of such Certificates will not be entitled to any payment in respect of the Interest Distribution Amount on the related amount of such increases for any Accrual Period preceding the Distribution Date in accordance with on which such increase occurs. Any such increases shall be applied pro rata to the definition Principal Amount of “each Certificate Balanceof such Class.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of each Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates (but not the Class X-PO Certificates) and Class B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for all Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to zerothe amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group C-Classes of Class B Certificates in decreasing order of their alphanumerical Class designations then outstanding (beginning with the Class C-B-6 Certificates), of Class B Certificates then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss is recognized with respect to a Class P Mortgage LoanSenior Credit Support Depletion Date, in on any Distribution Date on which case the applicable Class P Fraction of such loss will first be allocated to the Class A1-P Certificates and the remainder of the loss will be allocated as described above); providedCB-2 Loss Allocation Amount is greater than zero, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 21-A-11 CB-2 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 21-A-11 CertificatesCB-2 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 21-A-11 CB-1 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 21-A-4CB-2 Loss Allocation Amount. Notwithstanding the foregoing, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of on any Distribution Date in which the Class Principal 1-CB-1 Loss Amount exceeds the Class Certificate Balance of the Class 21-A-14 CB-2 Certificates prior to any reduction for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 21-A-14 CertificatesCB-2 Loss Allocation Amount, until such excess will be distributed in reduction of the Class Principal Certificate Balance of the Class 21-A-14 Certificates CB-1 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 1-CB-4 Loss Allocation Amount is reduced to greater than zero, (C) Realized Losses which would otherwise be allocated to the Class 4Certificate Balance of the Class 1-A-1 CB-4 Certificates will be reduced by the Class 1-CB-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-CB-3 Certificates will not be reduced by the Class 1-CB-4 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-CB-3 Loss Amount exceeds the Class Certificate Balance of the Class 1-CB-4 Certificates prior to any reduction for the Class 1-CB-4 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-CB-3 Certificates. After the Senior Credit Support Depletion Date, will instead be allocated to on any Distribution Date on which the Class 4-A-2 CertificatesLoss Allocation Amount is greater than zero, until the Class Principal Certificate Balance of the Class 4-A-2 Certificates will be reduced by the Class 4-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-1 Certificates will not be reduced by the Class 4-A-2 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 4-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 4-A-2 Certificates prior to any reduction for the Class 4-A-2 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 4-A-1 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 4-A-4 Loss Allocation Amount is reduced to greater than zero, (D) Realized Losses which would otherwise the Class Certificate Balance of the Class 4-A-4 Certificates will be allocated to reduced by the Class 4-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-3 Certificates will not be reduced by the Class 4-A-4 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 4-A-3 Loss Amount exceeds the Class Certificate Balance of the Class 4-A-4 Certificates prior to any reduction for the Class 4-A-4 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 4-A-3 Certificates. Any increase in the Class Certificate Balances allocated to the Class 1-CB-1, Class 1-CB-3, Class 4-A-1 and Class 4-A-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balances of the Class 1-CB-2, Class 1-CB-4, Class 4-A-2 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (iif) except as provided Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes case of Group 2, Group 3 and Group 4 any Class of Class B Certificates (other than the any principal otherwise payable to such Class A-P and Notional Amount Certificates) and Group C-of Class B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect Certificates but used to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovepay any PO Deferred Amount). (cg) On each With respect to any Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date allocated to each Uncertificated Lower-Tier Interest as described in accordance with the definition of “Certificate BalanceSection 5.02(a).”

Allocation of Losses. (ia) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 I Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B I Subordinate Certificates in decreasing order of their alphanumerical numerical Class designations (beginning with the Class CI-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Group I Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances; provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero.and (ii) except as provided in the parenthetical belowOn each Distribution Date, Excess Losses and Extraordinary Losses for the Group 2, Group 3 and Group 4 I Mortgage Loans will be allocated pro rata among all Classes of Group 2, Group 3 and Group 4 I Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances. (cb) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B I Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 I Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall will be allocated by the Trust Administrator to the most junior Class of Group C-B I Subordinate Certificates then outstanding, . (c) Any Realized Loss allocated to a Class of Certificates or any reduction in reduction of its the Class Principal BalanceBalance of a Class of Certificates pursuant to Section 4.02(b) shall be allocated by the Trust Administrator among the Certificates of such Class in proportion to their respective Certificate Balances. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 4.02(b) shall be accomplished by reducing its the Certificate BalanceBalance thereof, immediately following the distributions made on the related Distribution Date in accordance with the definition of “"Certificate Balance.”" B. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount with respect to the Group II Certificates, if any, for such Distribution Date. The Applied Loss Amount with respect to the Group II Certificates for any Distribution Date shall be applied by: (i) first, reducing the Class Principal Balance of each Class of Group II Subordinate Certificates beginning with the Class of Group II Subordinate Certificates then outstanding, other than the Class II-X Certificates, with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero and (ii) second, reducing the Class Principal Balance of the Class II-A-2 Certificates, until the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount with respect to the Group II Certificates allocated to a Class of Group II Subordinate Certificates or the Class II-A-2 Certificates shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests.

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates (but not the Class A-PO Certificates) and Class B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for all Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to zerothe amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances or, in the case of the CB-10 Certificates, their initial class balance, if lower, immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class B Certificates with respect to which an Applied Loss Amount has been allocated a Distribution Date (including the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class B Certificates then outstanding (beginning with the Class of Class B Certificates then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class for is reduced to zero and then to the Senior Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date, on any Distribution Date on which the related Class Principal CB-12 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class CB-12 Certificates will be reduced to zeroby the Class CB-12 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class CB-2 Certificates will not be reduced by the Class CB-12 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class CB-2 Loss Amount exceeds the Class Certificate Balance of the Class CB-12 Certificates prior to any reduction for the Class CB-12 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class CB-2 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class CB-9 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class CB-9 Certificates will be reduced by the Class CB-9 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class CB-8 Certificates will not be reduced by the Class CB-9 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class CB-8 Loss Amount exceeds the Class Certificate Balance of the Class CB-9 Certificates prior to any reduction for the Class CB-9 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class CB-8 Certificates. Any increase in the Class Certificate Balances allocated to the Class CB-2 and Class CB-8 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balances of the Class CB-12 and Class CB-9 Certificates, respectively. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by such that the amount Class Certificate Balance of related Recoveries for such Class exceeds its Initial Class Certificate Balance (plus, in the case of the Class CB-10 Certificates, any Class CB-10 Accrual Distribution Amounts previously added to the Class Certificate Balance) less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates any principal otherwise payable to such Class B Certificates but used to pay any PO Deferred Amount). (g) With respect to any Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date Realized Losses allocated pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss 5.03 will first be allocated to the Class Aeach Uncertificated Lower-P Certificates and the remainder of the loss will be allocated Tier Interest as described above); provided, however, that (Ain Section 5.02(a) Realized Losses which would otherwise be allocated and to the Class 2each Uncertificated Middle-A-10 and Class 2-A-13 Certificates, up to Tier Interest in an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be Realized Losses allocated to the Class 2such Uncertificated Middle-A-11 CertificatesTier Interest's Corresponding Upper-Tier Class, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroClasses or Component. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class A-PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing Class Certificate Balance of the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 130-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 30-B Certificates (but not the Component Balance of the Class 1-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 2-A-PO Component and Class 4-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 2 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates, Group 5 Senior Certificates and Class 15-B Certificates (but not the Component Balances of the Class 3-A-PO and Class 5-A-PO Components) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 3 and Loan Group 5 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates, Class X-B Certificates or Class 15-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Subordinate Senior Certificates, in the case of the Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, the Group 2 Senior Certificates to which an Applied Loss Amount has been allocated and Group 4 Senior Certificates, in the case of Class X-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 3 Senior Certificates and Group 5 Senior Certificates, in the case of the Class 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (including e) After the Senior Credit Support Depletion Date for Group 1, on any such Class for Distribution Date on which the related Class Principal 1-A-3 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 1-A-3 Certificates will be reduced to zeroby the Class 1-A-3 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 1-A-2 Certificates will not be reduced by the Class 1-A-3 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-6 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-6 Certificates will be reduced by the Class 1-A-6 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-5 Certificates will not be reduced by the Class 1-A-6 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 1-A-2 and Class 1-A-5 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-3 and Class 1-A-6 Certificates, respectively. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-6 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-6 Certificates will be reduced by the Class 2-A-6 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4 and Class 2-A-5 Certificates will not be reduced by the Class 2-A-6 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Group 2 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-6 Certificates prior to any reduction for the Class 2-A-6 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Group 2 Loss Amount, in reduction of the Class Certificate Balances of the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4 and Class 2-A-5 Certificates. Any increase in the Class Certificate Balance allocated to the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4 and Class 2-A-5 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-6 Certificates. After the Senior Credit Support Depletion Date for Group 4, on any Distribution Date on which the Class 4-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 4-A-2 Certificates will be reduced by the Class 4-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-1 Certificates will not be reduced by the Class 4-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 4-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 4-A-2 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, principal otherwise payable to the Group C-such Class of Class B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced but used to zero, and second, to the Senior Certificates (other than the pay any Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 I Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B I Subordinate Certificates in decreasing order of their alphanumerical numerical Class designations (beginning with the Class CI-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Group I Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances; provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero.and (ii) except as provided in the parenthetical belowOn each Distribution Date, Excess Losses for the Group 2, Group 3 and Group 4 I Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B I Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances. (cb) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B I Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 I Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall will be allocated by the Trust Administrator to the most junior Class of Group C-B I Subordinate Certificates then outstanding, . (c) Any Realized Loss allocated to a Class of Certificates or any reduction in reduction of its the Class Principal BalanceBalance of a Class of Certificates pursuant to Section 4.02A.(b) shall be allocated by the Trust Administrator among the Certificates of such Class in proportion to their respective Certificate Balances. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 4.02A. shall be accomplished by reducing its the Certificate BalanceBalance thereof, immediately following the distributions made on the related Distribution Date in accordance with the definition of “"Certificate Balance.”" B. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount with respect to the Group II Certificates, if any, for such Distribution Date. The Applied Loss Amount with respect to the Group II Certificates for any Distribution Date shall be applied by: (i) first, reducing the Class Principal Balance of the Class of Group II Subordinate Certificates then outstanding with the lowest relative payment priority, until the respective Class Principal Balance thereof is reduced to zero and (ii) second, after the aggregate Class Principal Balance of the Group II Subordinate Certificates is reduced to zero, reducing the Class Principal Balance of the Class II-A-2 Certificates, until the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount with respect to the Group II Certificates allocated to a Class of Group II Subordinate Certificates or the Class II-A-2 Certificates shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests.

Allocation of Losses. (ia) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total applicable Class PO Fraction of the Applied Loss Amountany Realized Loss, if anyincluding any Excess Loss, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall on a Class PO Mortgage Component in Subgroup 1-1 or Subgroup 2-1 will be applied by reducing allocated to the Class Principal Balance of each Class of Group 1 Subordinate A-P Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective its Class Principal Balance thereof Amount is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among To the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased extent funds are available on any that Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a or any future Distribution Date pursuant to this Section 4.02(a)(ii) shall 5.02(a)(iii), the related Class PO Shortfall Amount will be made paid to the Class A-P Certificates, prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage InterestCertificates. (b) The Group 2On or prior to each Distribution Date, Group the Securities Administrator shall aggregate the information provided by each Servicer with respect to the total amount of Realized Losses, including Excess Losses, experienced on the Mortgage Loans or Mortgage Components, as applicable in the Aggregate Pool and Pool 3, Group 4, and Group C-B Certificates. for the related Distribution Date. (c) Realized Losses on the Group 2, Group 3 Pool 1 and Group 4 Pool 2 Mortgage Loans or, in the case of subparagraph (c)(1) second and subparagraph (2), below, Mortgage Components in a Group 1 or Group 2 Subgroup with respect to any Distribution Date shall be allocated by the Trust Securities Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i1) except as provided in On each Distribution Date, the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, Losses (other than an Excess Loss, Losses) (other than the Class PO Fraction of Realized Losses on Class PO Mortgage Components) shall be allocated as follows: first, to the Group C-B Aggregate Pool Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Aggregate Pool Subordinate Certificates with the highest numerical Class designation) until the respective Class Principal Balance Amount of each such Class is reduced to zero, and ; second, to the Senior Certificates (other than the Interest-Only and Class A-P and Notional Amount Certificates) of the Certificate Group related to the Mortgage Group sustaining such Loan Grouploss, pro rata, based on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage LoanAmounts, in which case the applicable Class P Fraction of such loss will first be allocated to until the Class A-P Principal Amount of each such Class of Senior Certificates and the remainder of the loss will be allocated as described above)is reduced to zero; provided, however, that ; (Ai) Realized Losses which that would otherwise be allocated to the Class 21-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 21-A-11 Certificates, A-8 Certificates until the Class Principal Balance of the Class 21-A-11 A-8 Certificates is reduced to zero, zero and (Bii) Realized Losses which that would otherwise be allocated to the Class 21-A-4A-9, Class 21-A-12 A-10 and Class 21-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 21-A-14 Certificates, A-12 Certificates until the Class Principal Balance of the Class 21-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 A-12 Certificates is reduced to zero. (ii2) except as provided in the parenthetical belowOn each Distribution Date, Excess Losses for on a Mortgage Component in a Group 1 or Group 2 Subgroup, other than the Group 2Class PO Fraction of the Excess Loss on a Class PO Mortgage Component, Group 3 and Group 4 Mortgage Loans will be allocated pro rata among all Classes of Group 2, Group 3 and Group 4 the Senior Certificates (other than the Interest-Only and Class A-P and Notional Amount Certificates) of the related Certificate Group and the Aggregate Pool Subordinate Certificates as follows: (i) in the case of such Senior Certificates, based on their Class Principal Amounts and (ii) in the case of the Aggregate Pool Subordinate Certificates, pro rata based on each Classes’ share of the Apportioned Principal Balance for the related Mortgage Group; provided, however, on any Distribution Date on or after the related Credit Support Deletion Date, any such Excess Losses will be allocated pro rata among the classes of Senior Certificates related to the Aggregate Pool (other than the Interest-Only and Class A-P Certificates) based on their respective Class Principal Amounts immediately prior to such Distribution Date. (d) Realized Losses on the Pool 3 Mortgage Loans shall be allocated by the Securities Administrator to the Pool 3 Certificates as follows: (1) On each Distribution Date, the Realized Losses (other than Excess Losses) shall be allocated as follows: first, to the Pool 3 Subordinate Certificates in reverse order of their respective numerical Class designations (beginning with the Class of Pool 3 Subordinate Certificates with the highest numerical Class designation) until the Class Principal Amount of each such Class is reduced to zero; second, to the Group C-B 3A Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage LoanAmounts, in which case the applicable Class P Fraction of such loss will first be allocated to until the Class A-P Principal Amount of each such Class of Senior Certificates and the remainder of the loss will be allocated as described above)is reduced to zero. (c2) On each Distribution Date, if Excess Losses on a Pool 3 Mortgage Loan, will be allocated pro rata among the sum Group 3A and the Pool 3 Subordinate Certificates based on their Class Principal Amounts. (e) [reserved] (f) On each Distribution Date, the Class Principal Amount of the Class of Aggregate Pool Subordinate Certificates then outstanding with the highest numerical Class designation shall be reduced by the amount, if any, by which the aggregate of the Class Principal Balance Amounts of all Group 2, Group 3, Group 4, Class A-P outstanding Classes of related Certificates (after giving effect to the distribution of principal and Group C-B Certificates allocation of Realized Losses on such Distribution Date) exceeds the aggregate Aggregate Stated Principal Balance of the Group 2Aggregate Pool for the following Distribution Date (such amount for any Distribution Date, Group the “Aggregate Pool Subordinate Certificate Write-down Amount”). On each Distribution Date, the Class Principal Amount of the Class of Pool 3 and Group 4 Mortgage Loans Subordinate Certificates then outstanding with the highest numerical Class designation shall be reduced by the amount, if any, by which the aggregate of the Class Principal Amounts of all outstanding Classes of related Certificates (after giving effect to distributions the distribution of principal and the allocation of all losses to such Certificates Realized Losses on such Distribution Date) exceeds the Aggregate Stated Principal Balance of Pool 3 for the following Distribution Date (such amount for any Distribution Date, the “Pool 3 Subordinate Certificate Write-down Amount”), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (dg) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate loss pursuant to this Section 4.02 5.03 to a Class of Certificates shall be accomplished achieved by reducing its Certificate Balancethe Class Principal Amount thereof by the amount of such loss. (h) If Subsequent Recoveries have been received with respect to a Liquidated Mortgage Loan in the Aggregate Pool, immediately following the distributions made amount of such Subsequent Recoveries will be applied sequentially, in the order of payment priority, to increase the Class Principal Amount of each Class of Certificates in the Aggregate Pool to which Realized Losses have been allocated in respect of the related Liquidated Mortgage Loan, but in each case by not more than the amount of Realized Losses previously allocated to that Class of Certificates pursuant to this Section 5.03. Holders of such Certificates will not be entitled to any payment in respect of the Interest Distribution Amount on the related amount of such increases for any Accrual Period preceding the Distribution Date on which such increase occurs. Any such increases shall be applied pro rata to the Principal Amount of each Certificate of such Class. If Subsequent Recoveries have been received with respect to a Liquidated Mortgage Loan in accordance with the definition Pool 3, the amount of “such Subsequent Recoveries will be applied sequentially, in the order of payment priority, to increase the Class Principal Amount of each Class of Certificates in the Pool 3 to which Realized Losses have been allocated in respect of the related Liquidated Mortgage Loan, but in each case by not more than the amount of Realized Losses previously allocated to that Class of Certificates pursuant to this Section 5.03. Holders of such Certificates will not be entitled to any payment in respect of the Interest Distribution Amount on the amount of such increases for any Accrual Period preceding the Distribution Date on which such increase occurs. Any such increases shall be applied pro rata to the Principal Amount of each Certificate Balanceof such Class.”

Allocation of Losses. (ia) The Group 1 Certificates. On each No later than five (5) Business Days prior to the related Distribution Date, the Trust Master Servicer shall inform the Securities Administrator in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Securities Administrator shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class PO Component (after giving effect to the amounts to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for such Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class X-B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 3 Senior Certificates and Group 4 Senior Certificates and Class X-B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class of Class 2-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and Class 2-B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of a Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Class X-B Certificates or Class 2-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class X-B Certificates or Class 2-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class X-B Certificates or Class 2-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class X-B Certificates or Class 2-B Certificates, as the case may be, then outstanding (beginning with the Class of Class X-B Certificates or Class 2-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Subordinate Senior Certificates, Group 3 Senior Certificates to which an Applied Loss Amount has been allocated and Group 4 Senior Certificates, in the case of the Class X-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 2 Senior Certificates, in the case of the Class 2-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (including e) After the Senior Credit Support Depletion Date for the Crossed Groups, on any such Class for Distribution Date on which the related Class Principal 1-A-3 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 1-A-3 Certificates will be reduced to zeroby the Class 1-A-3 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balances of the Class 1-A-1 and Class 1-A-2 Certificates will not be reduced by the Class 1-A-3 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the sum of the Class 1-A-1 Loss Amount and Class 1-A-2 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-3 Certificates prior to any reduction for the Class 1-A-3 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Class Certificate Balances of the Class 1-A-1 and Class 1-A-2 Certificates, in reduction of the Class Certificate Balances of the Class 1-A-1 and Class 1-A-2 Certificates. After the Senior Credit Support Depletion Date for Group 2, (i) on any Distribution Date on which the Class 2-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-4 Certificates will be reduced by the Class 2-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-3 Certificates will not be reduced by the Class 2-A-4 Loss Allocation Amount and (ii) on any Distribution Date on which the Class 2-A-7 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-7 Certificates will be reduced by the Class 2-A-7 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-1 Certificates will not be reduced by the Class 2-A-7 Loss Allocation Amount. After the Senior Credit Support Depletion Date for the Crossed Groups, (i) on any Distribution Date on which the Class 3-A-17 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-17 Certificates will be reduced by the Class 3-A-17 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 3-A-1 Certificates will not be reduced by the Class 3-A-17 Loss Allocation Amount and (ii) on any Distribution Date on which the Class 3-A-16 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-16 Certificates will be reduced by the Class 3-A-16 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 3-A-15 Certificates will not be reduced by the Class 3-A-16 Loss Allocation Amount. After the Senior Credit Support Depletion Date for the Crossed Groups, on any Distribution Date on which the Class 4-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 4-A-4 Certificates will be reduced by the Class 4-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-3 Certificates will not be reduced by the Class 4-A-4 Loss Allocation Amount. Any increase allocated to the Class 1-A-1 and Class 1-A-2 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-3 Certificates. Any increase allocated to the Class 2-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-7 Certificates. Any increase allocated to the Class 2-A-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-4 Certificates. Any increase allocated to the Class 3-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 3-A-17 Certificates. Any increase allocated to the Class 3-A-15 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 3-A-16 Certificates. Any increase allocated to the Class 4-A-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 4-A-4 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by such that the amount Class Certificate Balance of related Recoveries for a Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Subordinate Certificates any principal otherwise payable to such Class of Subordinate Certificates but used to pay any Class PO Deferred Amount). (g) With respect to any Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date Realized Losses allocated pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss 5.03 will first be allocated to the Class Aeach Uncertificated Lower-P Certificates and the remainder of the loss will be allocated Tier Interest as described above); provided, however, that (Ain Section 5.02(a) Realized Losses which would otherwise be allocated and to the Class 2each Uncertificated Middle-A-10 and Class 2-A-13 Certificates, up to Tier Interest in an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be Realized Losses allocated to the Class 2such Uncertificated Middle-A-11 CertificatesTier Interest's Corresponding Upper-Tier Class, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroClasses or Component. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Master Servicer shall inform the Securities Administrator in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Securities Administrator shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Class Certificate Balance of the Class of Class CB Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates, Group 5 Senior Certificates and Group 6 Senior Certificates (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the sum of the Adjusted Pool Amounts for the CB Crossed Loan Groups such Distribution Date. The Class Certificate Balance of the Class of Class DB Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 7 Senior Certificates, Group 8 Senior Certificates and Group 9 Senior Certificates (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the sum of the Adjusted Pool Amounts for the DB Crossed Loan Groups such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Class CB Certificates or Class DB Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class CB Certificates or Class DB Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class CB Certificates or Class DB Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class CB Certificates or the Class DB Certificates, as the case may be, then outstanding (beginning with the Class of Class CB Certificates or Class DB Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates, Group 5 Senior Certificates to which an Applied Loss Amount has been allocated and Group 6 Senior Certificates, in the case of Class CB Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 7 Senior Certificates, Group 8 Senior Certificates and Group 9 Senior Certificates, in the case of the Class DB Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (including e) After the Senior Credit Support Depletion Date for the CB Crossed Groups, on any such Class for Distribution Date on which the related Class Principal 1-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 1-A-2 Certificates will be reduced to zeroby the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of such the Class 1-A-1 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 1-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-2 Certificates. After the Senior Credit Support Depletion Date for the CB Crossed Groups, on any Distribution Date on which the Class 2-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-2 Certificates will be reduced by the Class 2-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-1 Certificates will not be reduced by the Class 2-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 2-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-2 Certificates. After the Senior Credit Support Depletion Date for the CB Crossed Groups, on any Distribution Date on which the Class 3-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-2 Certificates will be reduced by the Class 3-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 3-A-1 Certificates will not be reduced by the Class 3-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 3-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 3-A-2 Certificates. After the Senior Credit Support Depletion Date for the CB Crossed Groups, on any Distribution Date on which the Class 4-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 4-A-2 Certificates will be reduced by the Class 4-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-1 Certificates will not be reduced by the Class 4-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 4-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 4-A-2 Certificates. After the Senior Credit Support Depletion Date for the CB Crossed Groups, on any Distribution Date on which the Class 5-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 5-A-2 Certificates will be reduced by the Class 5-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 5-A-1 Certificates will not be reduced by the Class 5-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 5-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 5-A-2 Certificates. After the Senior Credit Support Depletion Date for the CB Crossed Groups, on any Distribution Date on which the Class 6-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 6-A-2 Certificates will be reduced by the Class 6-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 6-A-1 Certificates will not be reduced by the Class 6-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 6-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 6-A-2 Certificates. After the Senior Credit Support Depletion Date for the DB Crossed Groups, on any Distribution Date on which the Class 7-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 7-A-2 Certificates will be reduced by the Class 7-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 7-A-1 Certificates will not be reduced by the Class 7-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 7-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 7-A-2 Certificates. After the Senior Credit Support Depletion Date for the DB Crossed Groups, on any Distribution Date on which the Class 8-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 8-A-2 Certificates will be reduced by the Class 8-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 8-A-1 Certificates will not be reduced by the Class 8-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 8-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 8-A-2 Certificates. After the Senior Credit Support Depletion Date for the DB Crossed Groups, on any Distribution Date on which the Class 9-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 9-A-2 Certificates will be reduced by the Class 9-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 9-A-1 Certificates will not be reduced by the Class 9-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 9-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 9-A-2 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by such that the amount Class Certificate Balance of related Recoveries for such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates. (g) With respect to any Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date Realized Losses allocated pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss 5.03 will first be allocated to the Class Aeach Uncertificated Lower-P Certificates and the remainder of the loss will be allocated Tier REMIC Interest as described above); provided, however, that (Ain Section 5.02(a) Realized Losses which would otherwise be allocated and to the Class 2each Uncertificated Middle-A-10 and Class 2-A-13 Certificates, up to Tier Interest in an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be Realized Losses allocated to the such Uncertificated Middle-Tier Interest's Corresponding Upper-Tier Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroor Classes. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class X-PO Component of a 30 Year Crossed Loan Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class X-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 4-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 4 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 4-X-PO Component and the Class 15-PO Certificates based on the Component Balance for the Class 4-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates. The Class Certificate Balance of the Class of Class 30-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-X-PO Component, Class 2-X-PO Component and Class 3-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 4 Senior Certificates (other than the Class 115-X PO Certificates) beginning with and Class 15-B Certificates (but not the Component Balance of the Class 4-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 4. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group (other than the Class 15-PO Certificates in the case of Group 1 Subordinate 4) in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates then outstanding with of such Group (other than the lowest relative payment priority, Class 15-PO Certificates in each the case until of Group 4) (after giving effect to the respective Class Principal Balance thereof is reduced amount to zerobe distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Senior Certificates of such Group 1 Subordinate (other than the Class 15-PO Certificates in the case of Group 4), based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates or Class 15-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates or Class 15-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates or the Class 15-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates or Class 15-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates, Group 2 Senior Certificates shall not be allocated Applied Loss Amountsand Group 3 Senior Certificates, in the case of Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 4 Senior Certificates, in the case of the Class 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a). (f) Notwithstanding any other provision of this Section 5.03, no Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Certificate Balance of such a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group Cof Class B Certificates any principal otherwise payable to such Class of Class 30-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group Cor Class 15-B Certificates as follows: (i) except as provided in the parenthetical below, but used to pay any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance principal portion of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, applicable Ratio Strip Percentage of the principal portion of any Realized Loss on with respect to a Discount Mortgage Loan in Loan Group 2, Loan Group 3 or Loan Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Class A-P Component of the Related Group Cuntil the Component Balance thereof is reduced to zero; and (ii) the applicable Non-B Ratio Strip Percentage of the principal portion of any Realized Loss with respect to a Mortgage Loan in such Loan Group shall be allocated first to the Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates then outstanding with the highest numerical Class designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, and second, second to the Senior Certificates (other than of the Class A-P and Notional Amount Certificates) related to such Loan Related Group, pro rata, on the basis of their respective Class Principal Certificate Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated immediately prior to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such related Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is Certificate Balances thereof have been reduced to zero. (iib) except The Component Balance of the Class A-P Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-P Component (after giving effect to the amount to be distributed as provided a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (Ratio Strip Portion) for the Related Loan Group for such Distribution Date. The Class Certificate Balance of the Class of Subordinate Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and Ratio Strip Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Class A Certificates of the Related Group in the parenthetical below, Excess Losses for aggregate (but not the Component Balance of the Class A-P Component with respect to Group 2, Group 3 and or Group 4 Mortgage Loans will 4) shall be allocated among reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Class A Certificates of such Group (but not the Component Balance of the Class A-P Component of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, or Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans ) (after giving effect to distributions the amount to be distributed as a distribution of principal and the allocation of all losses to such Certificates Realized Losses on such Distribution Date), ) exceeds the difference between (i) the Adjusted Pool Amount for such excess will be deemed a principal loss Loan Group and Distribution Date and (ii) the Adjusted Pool Amount (Ratio Strip Portion) for such Loan Group and Distribution Date. Any such reduction shall be allocated by among the Trust Administrator Class A Certificates of such Group (but not the Class A-P Component of Group 2, Group 3 or Group 4) based on the Class Certificate Balances immediately prior to the most junior such Distribution Date. (c) Any Realized Loss allocated to a Class of Group C-B Certificates then outstanding, or any reduction in reduction the Class Certificate Balance of its a Class Principal Balanceof Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) Any The calculation of the amount to be distributed as principal to any Class of Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation by of any Realized Losses for such Distribution Date; provided, however, the Trust Administrator actual payment of principal to the Classes of Certificates shall be made subsequent to the allocation of Realized Losses to for such Distribution Date. In the event that after the allocation of Realized Losses for a Certificate or any reduction in Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates is greater than the Class Certificate Balance of a such Class, the excess shall be distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding (beginning with the Class of Subordinate Certificates than outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Class A Certificates of such Group, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 1-A-3 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-3 Certificates will be reduced by the Class 1-A-3 Loss Allocation Amount and, notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Certificate Balance of the Class 1-A-2 Certificates will not be reduced by the Class 1-A-3 Loss Allocation Amount. (f) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing allocated to each Uncertificated Lower-Tier Interest in an amount equal to the amount allocated to its Certificate Balancerespective Corresponding Upper-Tier Class, immediately following the distributions made on the related Distribution Date Classes, Component or Components as provided above. Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in accordance with the definition of “Certificate BalanceSection 5.02(a).”

Allocation of Losses. (i) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, Group 5 and Group C-B Certificates. Realized Losses on the Group 2, Group 3 3, Group 4 and Group 4 5 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, Group 5 and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 3, Group 4, or Group 4 5 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances; provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 23-A-10 and Class 2-A-13 A-1 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 23-A-11 A-2 Certificates, until the Class Principal Balance of the Class 23-A-11 A-2 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 25-A-4, Class 2-A-12 A-1 and Class 25-A-16 A-7 Certificates, up to an amount equal to 52.49%, 15.4764.16% and 32.0435.84%, respectively, of the Class Principal Balance of the Class 25-A-14 A-16 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 3,750,000 and $2,071,4002,095,000, respectively, will instead be allocated to the Class 25-A-14 A-16 Certificates, until the Class Principal Balance of the Class 25-A-14 A-16 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 45-A-1 A-3 Certificates, will instead be allocated to the Class 45-A-2 A-8 Certificates, until the Class Principal Balance of the Class 45-A-2 A-8 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 45-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 45-A-11 A-6 Certificates, until the Class Principal Balance of the Class 45-A-11 A-6 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 45-A-10 Certificates, will instead be allocated to the Class 45-A-14 A-12 Certificates, until the Class Principal Balance of the Class 45-A-14 A-12 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 3, Group 4 and Group 4 5 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 3, Group 4 and Group 4 5 Certificates (other than the Class A-P and Notional Amount Certificates and the Class PP Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above)Balances. (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Group 5 and Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 3, Group 4 and Group 4 5 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On each No later than five (5) Business Days prior to the related Distribution Date, the Trust Master Servicer shall inform the Securities Administrator in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Securities Administrator shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) With respect to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5A and Loan Group 5B, the Component Balance of the Class PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class PO Component (after giving effect to the amounts to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for such Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment prioritypriority shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates and Components (other than the Class IO Components and the Class PO Components) and Subordinate Certificates (after giving effect to the amounts to be distributed as distributions of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) shall equal the sum of (i) in the case of Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5A and Loan Group 5B, the aggregate Adjusted Pool Amount (Non-PO Portion) of the Loan Groups for such Distribution Date and (ii) in the case of Loan Group 6, the Adjusted Pool Amount for Loan Group 6 for such Distribution Date. After a Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each related Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amounts to be distributed as distributions of principal on such Distribution Date) equals (i) in the case until of Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5A and Loan Group 5B, the respective Class Principal Balance thereof is reduced to zeroAdjusted Pool Amount (Non-PO Portion) for such Loan Groups for such Distribution Date and (ii) in the case of Loan Group 6, the Adjusted Pool Amount for Loan Group 6 for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates and Components (other than the Class IO Component and Class PO Component) of the related Group, pro rata, based on their Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Subordinate Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. Group 1 In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the related Classes of Subordinate Certificates then outstanding (beginning with the Class of related Subordinate Certificates then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Senior Certificates shall of the related Group or Groups, pro rata, in accordance with the priorities set forth in Section 5.02(b)(i), (ii), (iii), (iv), (v) and (vi), as applicable. (i) With respect to Loan Group 1, after the Senior Credit Support Depletion Date for Loan Group 1, on any Distribution Date on which the Class 1-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-2 Certificates will be reduced by the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balances of the Class 1-A-1 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated Applied Loss Amountsto the Class 1-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-2 Certificates. (ii) With respect to Loan Group 2, after the Senior Credit Support Depletion Date for Loan Group 2 on any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for Distribution Date on which the related Class Principal 2-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 2-A-2 Certificates will be reduced to zeroby the Class 2-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balances of the Class 2-A-1 Certificates will not be reduced by the Class 2-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 2-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of such the Class 2-A-2 Certificates. (iii) With respect to Loan Group 3, after the Senior Credit Support Depletion Date for Loan Group, on any Distribution Date on which the Class 3-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 3-A-2 Certificates will be reduced by the Class 3-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 3-A-1 Certificates will not be reduced by the Class 3-A-2 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 3-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 3-A-2 Certificates. (iv) With respect to Loan Group 4, after the Senior Credit Support Depletion Date for Loan Group 4: (A) on any Distribution Date on which the Class 4-A-16 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 4-A-16 Certificates will be reduced by the Class 4-A-16 Loss Allocation Amount and, notwithstanding Section 5.03(b), neither the Class Certificate Balance of the Class 4-A-15 Certificates nor the Component Balance of the Class 4-4A15 Component will not be reduced by the Class 4-A-16 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 4-A-15 Certificates and/or the Component Balance allocated to the Class 4-4A15 Component pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 4-A-16 Certificates. (B) on any Distribution Date on which the Class 4-A-18 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 4-A-18 Certificates will be reduced by the Class 4-A-18 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 4-A-17 Certificates will be reduced by the Class 4-A-18 Loss Allocation Amount Any increase in the Class Certificate Balance allocated to the Class 4-A-17 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 4-A-18 Certificates. (v) With respect to Loan Group 5A, after the Senior Credit Support Depletion Date for Loan Group 5A, on any Distribution Date on which the Class 5-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 5-A-2 Certificates will be reduced by the Class 5-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Component Balance of the Class 5A-5A1 Component and Class 5B-5A1 Component will not be reduced by the Class 5-A-2 Loss Allocation Amount. Any increase in the Component Balance allocated to the Class 5A-5A1 Component and Class 5B-5A1 Component pursuant to Section 5.03(b) will instead increase the Component Balance of the Class 5A-5A2 Component and Class 5B-5A2 Component. (e) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by such that the amount Class Certificate Balance of a Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Subordinate Certificates any principal otherwise payable to such Class of Subordinate Certificates but used to pay any related Recoveries for such Class PO Deferred Amount). (f) With respect to any Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date Realized Losses allocated pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss 5.03 will first be allocated to the Class Aeach Uncertificated Lower-P Certificates and the remainder of the loss will be allocated Tier Interest as described above); provided, however, that (A) Realized Losses which would otherwise be allocated in Section 5.02 and to the Class 2each Uncertificated Intermediate Lower-A-10 and Class 2-A-13 Certificates, up to Tier Interest in an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be Realized Losses allocated to the Class 2such Uncertificated Intermediate Lower-A-11 CertificatesTier Interest's Corresponding Upper-Tier Class, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zeroClasses, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroComponent or Components. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of Group 1 shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 2-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 2 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 2-X-PO Component and the Class 15-PO Certificates based on the Component Balance for the Class 2-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates. The Component Balance for the Class 3-X-PO Component and the Class Certificate Balance for the Class 3-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 3 for such Distribution Date. Any such reduction shall be allocated between the Class 3-X-PO Component and the Class 3-PO Certificates based on the Component Balance for the Class 3-X-PO Component and the Class Certificate Balance for the Class 5-PO Certificates. The Class Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 130-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 30-B Certificates (but not the Component Balance of the Class 1-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and Class 15-B Certificates (but not the Component Balance of the Class 2-X-PO Component and the Class Certificate Balance of the Class 15-PO Certificates) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. The Class Certificate Balance of the Class 3-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates and Class 3-B Certificates (but not the Component Balance of the Class 3-X-PO Component and the Class Certificate Balance of the Class 3-PO Certificates) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates with respect to which an Applied Loss Amount has been allocated a Distribution Date (including the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Subordinate Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Subordinate Certificates of a Group is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Subordinate Certificates then outstanding of such Group (beginning with the Class of Subordinate Certificates of such Group then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Senior Certificates of such Group, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the related Class Principal 1-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 1-A-4 Certificates will be reduced to zeroby the Class 1-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 1-A-3 Certificates will not be reduced by the Class 1-A-4 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-3 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-4 Certificates prior to any reduction for the Class 1-A-4 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-3 Certificates. Any increase in the Class Certificate Balance allocated to the Class 1-A-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-4 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by such that the amount Class Certificate Balance of related Recoveries for such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount). (g) With respect to any Distribution Date, beginning with the Class principal portion of Group 1 Subordinate Certificates with the highest relative payment priority, up Realized Losses and recoveries attributable to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date previously allocated Realized Losses allocated pursuant to this Section 4.02(a)(ii) shall 5.03 will be made prior allocated to giving effect to distributions on that Distribution Date. Any increase each Uncertificated Lower-Tier Interest in an amount equal to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interestamount allocated to its respective Corresponding Upper-Tier Class, Classes or Component as provided above. (bh) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with With respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator interest portion of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following allocated to each Uncertificated Lower-Tier Interest in the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balancesame relative proportions as interest is allocated to such Uncertificated Lower-Tier Interest.”

Allocation of Losses. (i) The Group 1 Certificates. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount, if any, for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group CD-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group CD-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group CD-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class CD-B-6 B-7 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class AD-P and Notional Amount Interest Only Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class AD-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 A-2 and Class 2-A-13 A-3 Certificates, up to an amount equal to 80.0015.38% and 20.0084.62%, respectively, of the Class Principal Balance of the Class 2-A-11 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 166,138 and $1,200,000913,762, respectively, will instead be allocated to the Class 2-A-11 A-1 Certificates, until the Class Principal Balance of the Class 2-A-11 A-1 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 23-A-4, Class 2-A-12 and Class 2-A-16 A-2 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 23-A-14 A-8 Certificates, until the Class Principal Balance of the Class 23-A-14 A-8 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 43-A-1 A-7 Certificates, will instead be allocated to the Class 43-A-2 A-13 Certificates, until the Class Principal Balance of the Class 43-A-2 A-13 Certificates is reduced to zero, zero and (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 A-2 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 A-4 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 A-4 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class AD-P and Notional Amount Interest Only Certificates) and Group CD-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class AD-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class AD-P and Group CD-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group CD-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Date, the Trust Securities Administrator shall determine aggregate the information provided by each Servicer with respect to the total amount of Realized Losses, including Excess Losses, experienced on the Applied Loss AmountMortgage Loans or Mortgage Components, if anyas applicable, for such the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2Pool 1, Group Pool 2 and Pool 3 and Group 4 Mortgage Loans or, in the case of subparagraph (b)(1)(i) second, below, Mortgage Components in a Group 1 or Group 2 Subgroup with respect to any Distribution Date shall be allocated by the Trust Securities Administrator to the Classes of Group 2Class 1A, Group 3Class 2A, Group 4, Class 3A and Group C-B Aggregate Pool I Subordinate Certificates as follows: (i) except as provided in On each Distribution Date, the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, Losses (other than an Excess Loss, Losses) (other than the Class P Fraction of Realized Losses on Class P Mortgage Components or Class P Mortgage Loans) shall be allocated as follows: first, to the Group C-B Classes of Aggregate Pool I Subordinate Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Aggregate Pool I Subordinate Certificates with the highest numerical Class designation) until the respective Class Principal Balance Amount of each such Class is reduced to zero, ; and second, to the Senior Certificates of the related Certificate Group (other than the Class AInterest-P Only and Notional Amount Principal-Only Certificates) related to the Group 1 Subgroup, Group 2 Subgroup or Pool 3 sustaining such Loan Grouploss, pro rata, based on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage LoanAmounts, in which case the applicable Class P Fraction of such loss will first be allocated to until the Class A-P Principal Amount of each such Class of Senior Certificates and the remainder of the loss will be allocated as described above)is reduced to zero; provided, however, that (A) ; Realized Losses which that would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 A-4 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, A-5 Certificates until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 A-5 Certificates is reduced to zero. (ii) except as provided in On each Distribution Date, the parenthetical belowapplicable Class P Fraction of any Realized Loss, including any Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans Loss will be allocated among all to the related Principal-Only Certificates, until the Class Principal Amount of each such Class is reduced to zero. (2) With respect to the Class 1A, Class 2A, Class 3A and Aggregate Pool I Subordinate Certificates, on each Distribution Date, any Excess Losses on the Mortgage Components or Mortgage Loans in a Mortgage Group shall be allocated to the Classes of Group 2, Group 3 and Group 4 related Senior Certificates (other than the Interest-Only and Principal-Only Certificates) and the Aggregate Pool I Subordinate Certificates, as applicable, then outstanding, pro rata, on the basis of, with respect to such Senior Certificates, their respective Class Principal Amounts and, with respect to each Class of Aggregate Pool I Subordinate Certificates, the applicable Apportioned Principal Balance for each such Class relating to the Mortgage Group in which such Excess Loss occurs. (c) Realized Losses on the Pool 4 Mortgage Loans or, in the case of subparagraph (c)(1)(i), second, below, Mortgage Components in a Group 4 Subgroup with respect to any Distribution Date shall be allocated by the Securities Administrator to the Classes of Group 4 Certificates as follows: (i) On each Distribution Date, Realized Losses (other than Excess losses) (other than the Class P Fraction of Realized Losses on Class P Mortgage Components) shall be allocated as follows: first, to the Classes of Pool 4 Subordinate Certificates in reverse order of their respective numerical Class designations (beginning with the Class of Pool 4 Subordinate Certificates with the highest numerical Class designation) until the Class Principal Amount of each such Class is reduced to zero; and second, to each Class of Class 4A Certificates (other than the Interest-Only and Class 4-A-P and Notional Amount Certificates) and relating to the Group C-B Certificates4 Subgroup sustaining such loss, pro rata, based on their respective Class Principal Balances Amount, until the Class Principal Amount of each such Class of Class 4A Certificates is reduced to zero; (except if the loss is recognized with respect to a Class P Mortgage Loanii) On each Distribution Date, in which case the applicable Class P Fraction of such loss any Realized Loss, including any Excess Loss will first be allocated to the Class 4-A-P Certificates and Certificates, until the remainder Class Principal Amount of the loss will be allocated as described above)such Class is reduced to zero. (c2) On each Distribution Date, if any Excess Losses on the sum Mortgage Components in a Group 4 Subgroup shall be allocated to the Classes of related Senior Certificates (other than the Interest-Only and Principal-Only Certificates) and the Pool 4 Subordinate Certificates then outstanding, pro rata, on the basis of, with respect to such Class 4A Certificates, their respective Class Principal Amounts and, with respect to each Class of Pool 4 Subordinate Certificates, the applicable Apportioned Principal Balance for each such Class relating to the Group 4 Subgroup in which such Excess Loss occurs. (d) [reserved] (e) [reserved] (f) On each Distribution Date, the Class Principal Amount of the Class of Aggregate Pool I or Pool 4 Subordinate Certificates, as applicable, then outstanding with the highest numerical Class designation shall be reduced by the amount, if any, by which (a) with respect to the Aggregate Pool I Subordinate Certificates, the aggregate of the Class Principal Balance Amounts of all Group 2, Group 3, Group 4outstanding Classes of Class 1A, Class A-P 2A, Class 3A, Class AP and Group C-B Aggregate Pool I Subordinate Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions the distribution of principal and the allocation of all losses to such Certificates Realized Losses on such Distribution Date)) exceeds the Aggregate Stated Principal Balance of Pool 1, such excess will be deemed a principal loss Pool 2 and shall be allocated by Pool 3 in the Trust Administrator aggregate for the following Distribution Date and (b) with respect to the most junior Pool 4 Subordinate Certificates, the aggregate of the Class Principal Amounts of all outstanding Classes of Group C4 Certificates (after giving effect to the distribution of principal and allocation of Realized Losses on such Distribution Date) exceeds the Aggregate Stated Principal Balance of Pool 4 for the following Distribution Date (such amount for any Distribution Date, the “Subordinate Certificate Write-B Certificates then outstanding, in reduction of its Class Principal Balancedown Amount”). (dg) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate loss pursuant to this Section 4.02 5.03 to a Class of Certificates shall be accomplished achieved by reducing its Certificate Balancethe Class Principal Amount thereof by the amount of such loss. (h) If Subsequent Recoveries have been received with respect to a Liquidated Mortgage Loan, immediately following the distributions made amount of such Subsequent Recoveries will be applied sequentially, in the order of payment priority, to increase the Class Principal Amount of each Class of Certificates to which Realized Losses have been allocated in respect of the related Liquidated Mortgage Loan, but in each case by not more than the amount of Realized Losses previously allocated to that Class of Certificates pursuant to this Section 5.03. Holders of such Certificates will not be entitled to any payment in respect of the Interest Distribution Amount on the related amount of such increases for any Accrual Period preceding the Distribution Date in accordance with on which such increase occurs. Any such increases shall be applied pro rata to the definition Principal Amount of “each Certificate Balanceof such Class.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class X-PO Component of a 30 Year Crossed Loan Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class X-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 4-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 4 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 4-X-PO Component and the Class 15-PO Certificates based on the Component Balance for the Class 4-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates. The Class Certificate Balance of the Class of Class 30-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-X-PO Component, Class 2-X-PO Component and Class 3-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 4-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 4 Senior Certificates (other than the Class 115-X PO Certificates) beginning with and Class 4-B Certificates (but not the Component Balance of the Class 4-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 Subordinate 4. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates then of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding with Classes of Senior Certificates of such Group (after giving effect to the lowest relative payment priority, in each case until amount to be distributed as a distribution of principal on such Distribution Date) equals the respective Class Principal Balance thereof is reduced to zeroAdjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date or, in the case of the Class 3-A-3 Certificates, the Initial Class Certificate Balance, if lower, until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates or Class 4-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates or Class 4-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 4-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates or the Class 4-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates or Class 4-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates, Group 2 Senior Certificates shall not be allocated Applied Loss Amountsand Group 3 Senior Certificates, in the case of Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 4 Senior Certificates, in the case of the Class 4-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a). (f) Notwithstanding any other provision of this Section 5.03, no Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Certificate Balance of such a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group Cof Class B Certificates any principal otherwise payable to such Class of Class 30-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group or Class 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, but used to pay any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses in the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance principal portion of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated by the Trust Administrator first to the Classes Subordinate Certificates of the Related Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing reverse order of their alphanumerical respective numerical Class designations (beginning with the Class C-B-6 Certificates), of Subordinate Certificates in the Related Group then outstanding with the highest numerical Class designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, and second, second to the Senior Class A Certificates (other than and the Class A-P and Notional Amount Certificates) related to PT Component of such Loan Group, pro rata, on the basis of their respective Class Principal Certificate Balances (except if or Component Balance, as the loss is recognized with respect to a Class P Mortgage Loancase may be, in which case the applicable Class P Fraction of such loss will first be allocated immediately prior to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such related Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of Certificate Balances or Component Balance, as the Class 2-A-11 Certificates is reduced to zerocase may be, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is have been reduced to zero. (iib) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the The Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Certificate Balance of the Class of Subordinate Certificates of a Group 2then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Certificates of such Group 3 and Group 4 Mortgage Loans (after giving effect to distributions the amount to be distributed as a distribution of principal and the allocation of Realized Losses) exceeds the Adjusted Pool Amount for the Related Loan Group for such Distribution Date. After the Senior Credit Support Depletion Date for a Group, the Class Certificate Balances of the Senior Certificates and Component Balance of the Class A-PT Component of such Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balance of all losses outstanding Classes of Senior Certificates and the Component Balance of the Class A-PT Component of such Group, if such Component is outstanding (after giving effect to such Certificates the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date), exceeds the Adjusted Pool Amount for the Related Loan Group for such excess will be deemed a principal loss and Distribution Date. Any such reduction shall be allocated by among the Trust Administrator Senior Certificates and Class A-PT Component of such Group, based on the Class Certificate Balances or Component Balance, as applicable, immediately prior to the most junior such Distribution Date. (c) Any Realized Loss allocated to a Class of Group C-B Certificates then outstanding, or any reduction in reduction the Class Certificate Balance of its a Class Principal Balanceof Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate Class of Certificates or any reduction in the Class Certificate Balance of a Certificate Class pursuant to this Section 4.02 5.03(b) above shall be accomplished by reducing its the Class Certificate Balance, immediately following Balance thereof prior to the distributions made on the related Distribution Date in accordance with the definition of “"Class Certificate Balance.”" (e) After the Senior Credit Support Depletion Date for Group 1, (i) on any Distribution Date on which the Class 1-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-4 Certificates will be reduced by the Class 1-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Certificate Balance of the Class 1-A-2 Certificates will not be reduced by the Class 1-A-4 Loss Allocation Amount and (ii) on any Distribution Date on which the Class 1-A-5 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-5 Certificates will be reduced by the Class 1-A-5 Loss Allocation Amount and, notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Certificate Balance of the Class 1-A-3 Certificates will not be reduced by the Class 1-A-5 Loss Allocation Amount.

Allocation of Losses. (iA) On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount with respect to the Group I Certificates, if any, for such Distribution Date. The Applied Loss Amount with respect to the Group 1 CertificatesI Certificates for any Distribution Date shall be applied by reducing the Class Principal Balance of the Class of Group I Subordinate Certificates then outstanding with the lowest relative payment priority, until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount with respect to the Group I Certificates allocated to a Class of Group I Subordinate Certificates shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss AmountAmount with respect to the Group II Certificates, if any, for such Distribution Date. The Applied Loss Amount with respect to the Group II Certificates for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 II Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount with respect to the Group II Certificates allocated to a Class of Group 1 II Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iiB) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(iia) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 III and Group 4 IV Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group CD-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class CD-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates related to such Loan Group (other than the Notional Amount Certificates and the Class AIV-P and Notional Amount Certificates) related to such Loan Group, as applicable), pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class IV-P Mortgage Loan, in which case the applicable Class IV-P Fraction of such loss will first be allocated to the Class AIV-P Certificates and the remainder of for the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero.and (ii) except as provided in the parenthetical belowOn each Distribution Date, Excess Losses for the Group 2, Group 3 III and Group 4 IV Mortgage Loans will be allocated among all Classes of Group 2, Group 3 III and Group 4 IV Certificates (other than the Notional Amount Certificates and the Class AIV-P and Notional Amount Certificates, as applicable) and the Group CD-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class IV-P Mortgage Loan, in which case the applicable Class IV-P Fraction of such loss will first be allocated to the Class AIV-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Date, the Trust Administrator Trustee shall determine aggregate the information provided by each Servicer with respect to the total amount of Realized Losses and Special Hazard Losses experienced on the Applied Loss Amount, if any, Mortgage Loans for such the related Distribution Date. The Applied Loss Amount for any . (b) With respect to the Group 1 Mortgage Loans and related Certificates and each Distribution Date, the principal portion of Realized Losses with respect to such Distribution Date shall be applied by reducing allocated as follows: (i) Realized Losses for the Class Principal Balance of each Class related Mortgage Group or Mortgage Subgroup, as applicable, shall be allocated in the following order: first, to the Classes of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class in reverse order of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. numerical Class designations (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a numerical Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(iidesignation) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to until the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance Amount of each such Class is reduced to zero, ; and second, to the each Class of Group 1 Senior Certificates of the related Mortgage Subgroup that sustained such loss (other than allocated among the Class A-P and Notional Amount Certificates) related to such Loan Group, Senior Classes on a pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loanrata basis), in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificateseach case, until the Class Principal Balance Amount of the each Class 2-A-11 of Group 1 Senior Certificates is reduced to zero, ; (Bii) Realized Losses which would otherwise be allocated to the The Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, Principal Amount of the Class Principal Balance of Group 1 Subordinate Certificates then outstanding with the highest numerical Class 2-A-14 designation shall be reduced on each Distribution Date by the Group 1 Subordinate Certificates Writedown Amount for such Distribution Date. (c) With respect to the Group 2 Mortgage Loans and related Certificates and each Distribution Date, and up the principal portion of Realized Losses with respect to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead such Distribution Date shall be allocated as follows: (i) Realized Losses for the related Mortgage Group shall be allocated in the following order: first, to the Classes of Group 2 Subordinate Certificates in reverse order of their respective numerical Class designations (beginning with the Class of Group 1 Subordinate Certificates with the highest numerical Class designation) until the Class Principal Amount of each such Class is reduced to zero; second, to the Class 2-A-14 Certificatesof Group 2 Senior Mezzanine Certificates until the Class Principal Amount of each such Class is reduced to zero; third, to each Class of Group 2 Senior Certificates (allocated on a pro rata basis), in each case, until the Class Principal Balance Amount of the each Class 2-A-14 of Group 2 Senior Certificates is reduced to zero, ; (Cii) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the The Class Principal Balance Amount of the Group 2 Senior Mezzanine Certificates or Class 4-A-2 of Group 2 Subordinate Certificates is then outstanding with the highest numerical Class designation, as applicable, shall be reduced to zero, (D) Realized Losses which would otherwise be allocated to on each Distribution Date by the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Group 2 Subordinate Certificates Writedown Amount for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) On any Distribution Date for which the current aggregate Class Principal Amount of the Group 1 Subordinate Certificates or Group 2 Senior Mezzanine and Group 2 Subordinate Certificates has been reduced to zero, as the case may be, and a Realized Loss that is a Special Hazard Loss is to be allocated to the related Senior Certificates, such loss instead will be allocated among such Senior Certificates and the most subordinate Class of Group 1 or Group 2 Subordinate Certificates or Group 2 Senior Mezzanine Certificates, as applicable, related to the other Mortgage Group then-outstanding on a pro rata basis, based on the related Class Principal Amounts thereof. (e) Any allocation of a loss pursuant to this section to a Class of Certificates shall be achieved by reducing the Class Principal Amount thereof by the Trust Administrator amount of such loss. In the event that there is a recovery of an amount in respect of principal of a Mortgage Loan, which amount had previously been allocated as a Realized Loss to one or more Classes of Certificates, each outstanding Class to which any portion of such Realized Loss had previously been allocated shall be entitled to receive, on the Distribution Date in the month following the month in which such recovery is received, its pro rata share (based on the amount of Realized Losses previously allocated thereto) of such recovery, up to the amount of the portion of such Realized Loss previously allocated to such Class. Any such recovery allocated to a Certificate or any reduction in Class of Certificates shall not further reduce the Certificate Balance Principal Amount of a Certificate such Certificate. Any such amounts not otherwise allocated to any Class of Certificates pursuant to this Section 4.02 subsection shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition treated as Principal Prepayments for purposes of “Certificate Balancethis Agreement.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of Group 1, Group 2 and Group 4 shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount Component Balance for any the Class 3-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 3 for such Distribution Date. Any such reduction shall be applied by reducing allocated between the Class Principal 3-X-PO Component and the Class 15-PO Certificates based on the Component Balance for the Class 3-X-PO Component and the Class Certificate Balance for the Class 15-PO Certificates. The Component Balance for the Class 5-X-PO Component and the Class Certificate Balance for the Class 5-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the sum of such Component Balance and Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 5 for such Distribution Date. Any such reduction shall be allocated between the Class 5-X-PO Component and the Class 5-PO Certificates based on the Component Balance for the Class 5-X-PO Component and the Class Certificate Balance for the Class 5-PO Certificates. The Class Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1X-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 1-X-PO Component, Class 3-X-PO Component and Class 4-X-PO Component and the Class Certificate Balance of the Class 15-PO Certificates) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 1, Loan Group 3 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class of Class 2-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates and Class 2-B Certificates (but not the Component Balance of the Class 2-X-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 2 for such Distribution Date. The Class Certificate Balance of the Class 5-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 5 Senior Certificates and Class 5-B Certificates (but not the Component Balance of the Class 5-X-PO Component and the Class Certificate Balance of the Class 5-PO Certificates) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amount (Non-PO Portion) for Loan Group 5 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Class X-B Certificates, Class 2-B Certificates or Class 5-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class X-B Certificates, Class 2-B Certificates or Class 5-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class X-B Certificates, Class 2-B Certificates or Class 5-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class X-B Certificates, Class 2-B Certificates or Class 5-B Certificates, as the case may be, then outstanding (beginning with the Class of Class X-B Certificates, Class 2-B Certificates or Class 5-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Subordinate Senior Certificates, Group 3 Senior Certificates to which an Applied Loss Amount has been allocated and Group 4 Senior Certificates, in the case of the Class X-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, the Group 2 Senior Certificates, in the case of Class 2-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 5 Senior Certificates, in the case of the Class 5-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (including e) After the Senior Credit Support Depletion Date for Group 2, on any such Class for Distribution Date on which the related Class Principal 2-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 2-A-4 Certificates will be reduced to zeroby the Class 2-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates will not be reduced by the Class 2-A-4 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the sum of the Class 2-A-1 Loss Amount, Class 2-A-2 Loss Amount and Class 2-A-3 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-4 Certificates prior to any reduction for the Class 2-A-4 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Class Certificate Balances of the Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates, in reduction of the Class Certificate Balances of the Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates. Any increase in the Class Certificate Balance allocated to the Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-4 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the exceeds its Initial Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among less all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and previously distributed in respect of such Class on prior Distribution Dates (excluding in the allocation case of all losses any Class of Class B Certificates any principal otherwise payable to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-Class B Certificates then outstanding, in reduction of its Class Principal Balancebut used to pay any PO Deferred Amount). (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Applied Loss Amount, if any, for such Mortgage Loans in each Loan Group with respect to the related Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance principal portion of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates shall be allocated among the Group 1 Subordinate Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (ii) With respect to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans in a Loan Group with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-B Certificates as follows: (i) except as provided in the parenthetical below, applicable PO Percentage of the principal portion of any Realized Loss on with respect to a Discount Mortgage Loan in such Loan Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Class A-PO Component of the Related Group until the Class Certificate Balance thereof is reduced to zero; and (ii) the applicable Non-PO Percentage of the principal portion of any Realized Loss with respect to a Mortgage Loan in such Loan Group shall be allocated first to the Group C1-B Certificates Certificates, in decreasing the case of Loan Group 1, or the Class CB Certificates, in the case of Loan Group 2 or Loan Group 3, in reverse order of their alphanumerical respective numerical Class designations (beginning with the Class Cof Group 1-B-6 B Certificates or Class CB Certificates), as applicable, then outstanding with the highest numerical Class designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, and second, second to the Senior Certificates (other than of the Class A-P and Notional Amount Certificates) related to such Loan Related Group, pro rata, on the basis of their respective Class Principal Certificate Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated immediately prior to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such related Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is Certificate Balances thereof have been reduced to zero. (iib) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes The Component Balance of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and PO Component of a Group C-B Certificatesshall be reduced on each Distribution Date by the amount, pro rataif any, based on their respective Class Principal Balances (except if by which the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction Component Balance of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans PO Component (after giving effect to distributions the amount to be distributed as a distribution of principal and the allocation of all losses to such Certificates Realized Losses on such Distribution Date), ) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such excess will be deemed a principal loss and shall be allocated by Distribution Date. The Class Certificate Balance of the Trust Administrator to the most junior Class of Group C1-B Certificates then outstandingoutstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 1-A Certificates and Group 1-B Certificates and the Component Balance of the Class 1-A-PO Component (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and Class A-PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class CB Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2-A Certificates, Group 3-A Certificates and Class CB Certificates and the Component Balances of the Class 2-A-PO Component and Class 3-A-PO Component (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses and the Class A-PO Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts for Loan Group 2 and Loan Group 3 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the difference between (i) the Adjusted Pool Amount for the Related Loan Group for such Distribution Date and (ii) the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction shall be allocated among the Senior Certificates of its such Group, based on the Class Principal BalanceCertificate Balances immediately prior to such Distribution Date. (c) Any Realized Loss allocated to a Class of Certificates or any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) Any The calculation of the amount to be distributed as principal to any Class of Group 1-B Certificates or Class CB Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation by of any Realized Losses for such Distribution Date; provided, however, the Trust Administrator actual payment of principal to the Classes of Group 1-B Certificates or Class CB Certificates shall be made subsequent to the allocation of Realized Losses to for such Distribution Date. In the event that after the allocation of Realized Losses for a Certificate Distribution Date, the Calculated Principal Distribution for a Class of Group 1-B Certificates or any reduction in Class CB Certificates is greater than the Class Certificate Balance of a such Class, the excess shall be distributed first, sequentially, to the Classes of Group 1-B Certificates or the Class CB Certificates, as the case may be, then outstanding (beginning with the Class of Group 1-B Certificates or Class CB Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1-A Certificates, in the case of the Group 1-B Certificates, or the Group 2-A Certificates and Group 3-A Certificates, in the case of Class CB Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-16 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-16 Certificates will be reduced by the Class 1-A-16 Loss Allocation Amount and, notwithstanding Section 5.03(a)(ii) and Section 5.03(b), the Class Certificate Balance of the Class 1-A-15 Certificates will not be reduced by the Class 1-A-16 Loss Allocation Amount. (f) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing allocated to each Uncertificated Middle-Tier Interest in an amount equal to the amount allocated to its Certificate Balancerespective Corresponding Upper-Tier Class, immediately following the distributions made on the related Distribution Date Classes, Component or Components as provided above. Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in accordance with the definition of “Certificate BalanceSection 5.02(a).”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class 30-B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-PO Component, Class 2-PO Component, Class 3-PO Component and Class 4-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 5 Senior Certificates, Group 6 Senior Certificates and Class 15-B Certificates (but not the Component Balances of the Class 5-PO Component and Class 6-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the 15 Year Crossed Loan Groups for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. (d) The calculation of the amount to be distributed as principal to any Class of Class 30-B Certificates or Class 15-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 30-B Certificates or Class 15-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 30-B Certificates or the Class 15-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 30-B Certificates or Class 15-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates shall not be allocated Applied Loss Amountsand Group 4 Senior Certificates, in the case of Class 30-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 5 Senior Certificates and Group 6 Senior Certificates, in the case of the Class 15-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (iie) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a). (f) Notwithstanding any other provision of this Section 5.03, no Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Certificate Balance of such a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group Cof Class B Certificates any principal otherwise payable to such Class of Class 30-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group Cor Class 15-B Certificates as follows: (i) except as provided in the parenthetical below, but used to pay any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, to the Group C-B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced to zero, and second, to the Senior Certificates (other than the Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the PO Component of Group 1, Group 2, Group 3, Group 5 and Group 6 shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Class Certificate Balance of the Class 4-PO Certificates shall be reduced on each Distribution Date shall by the amount, if any, by which such Class Certificate Balance (after giving effect to the amount to be applied by reducing distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 1 for such Distribution Date. The Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates (but not the Class CB-PO, Class 4-PO and Class 15-PO Certificates) and Class B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for all Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates (but not the Class 4-PO Certificates) of each Group in the aggregate shall be reduced or increased on each case until Distribution Date by the respective amount, if any, necessary such that the aggregate of the Class Principal Balance thereof is reduced Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to zerothe amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group C-Classes of Class B Certificates in decreasing order of their alphanumerical Class designations then outstanding (beginning with the Class C-B-6 Certificates), of Class B Certificates then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Certificates (other than but not the Class A4-P and Notional Amount PO Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss is recognized with respect to a Class P Mortgage LoanSenior Credit Support Depletion Date, in on any Distribution Date on which case the applicable Class P Fraction of such loss will first be allocated to the Class A1-P Certificates and the remainder of the loss will be allocated as described above); providedCB-6 Loss Allocation Amount is greater than zero, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 21-A-11 CB-6 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 21-A-11 CertificatesCB-6 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 21-A-11 CB-1 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 21-A-4CB-6 Loss Allocation Amount. Notwithstanding the foregoing, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of on any Distribution Date in which the Class Principal 1-CB-1 Loss Amount exceeds the Class Certificate Balance of the Class 21-A-14 CB-6 Certificates prior to any reduction for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 21-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date)CB-6 Loss Allocation Amount, such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, distributed in reduction of its the Class Principal BalanceCertificate Balance of the Class 1-CB-1 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 1-CB-7 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-CB-7 Certificates will be reduced by the Class 1-CB-7 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-CB-3 Certificates will not be reduced by the Class 1-CB-7 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-CB-3 Loss Amount exceeds the Class Certificate Balance of the Class 1-CB-7 Certificates prior to any reduction for the Class 1-CB-7 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-CB-3 Certificates. Any increase in the Class Certificate Balances allocated to the Class 1-CB-1 and Class 1-CB-3 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balances of the Class 1-CB-6 and Class 1-CB-7 Certificates, respectively. (df) Any allocation by the Trust Administrator Notwithstanding any other provision of Realized Losses to a Certificate or any reduction in the this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount). (g) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balanceallocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a) and to each Uncertificated Middle-Tier Interest in an amount equal to the Realized Losses allocated to such Uncertificated Middle-Tier Interest's Corresponding Upper-Tier Class, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate BalanceClasses or Component.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class A-PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 1-B Certificates (but not the Component Balance of the Class 1-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 2-A-PO Component and Class 4-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 2 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class 3-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates and Class 3-B Certificates (but not the Component Balance of the Class 3-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3 for such Distribution Date. The Class Certificate Balance of the Class 5-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 5 Senior Certificates and Class 5-B Certificates (but not the Component Balance of the Class 5-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 5 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Class 1-B Certificates, Class X-B Certificates, Class 3-B Certificates or Class 5-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 1-B Certificates, Class X-B Certificates, Class 3-B Certificates or Class 5-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 1-B Certificates, Class X-B Certificates, Class 3-B Certificates or Class 5-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 1-B Certificates, Class X-B Certificates, Class 3-B Certificates or the Class 5-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 1-B Certificates, Class X-B Certificates, Class 3-B Certificates or Class 5-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Subordinate Senior Certificates, in the case of the Class 1-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, the Group 2 Senior Certificates to which an Applied Loss Amount has been allocated and Group 4 Senior Certificates, in the case of Class X-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, the Group 3 Senior Certificates, in the case of the Class 3-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02 or the Group 5 Senior Certificates, in the case of the Class 5-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (including e) After the Senior Credit Support Depletion Date for Group 1, on any such Class for Distribution Date on which the related Class Principal 1-A-13 Loss Allocation Amount is greater than zero, the Class Certificate Balance has been of the Class 1-A-13 Certificates will be reduced to zeroby the Class 1-A-13 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 1-A-2 Certificates will not be reduced by the Class 1-A-13 Loss Allocation Amount. Any increase in the Class Certificate Balance allocted to the Class 1-A-2 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-13 Certificates. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-4 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-4 Certificates will be reduced by the Class 2-A-4 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-5 and Class 2-A-6 Certificates will not be reduced by the Class 2-A-4 Loss Allocation Amount. Notwithstanding the foregoing, (i) on any Distribution Date in which the Group 2 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-4 Certificates prior to any reduction for the Class 2-A-4 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Group 2 Loss Amount, in reduction of the Class Certificate Balances of the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-5 and Class 2-A-6 Certificates. Any increase in the Class Certificate Balance allocated to the Class 2-A Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-4 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, principal otherwise payable to the Group C-such Class of Class B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced but used to zero, and second, to the Senior Certificates (other than the pay any Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Class Certificate Balance for the Class 30-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which such Class Certificate Balance (after giving effect to the amounts to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 1 for such Distribution Date. The Applied Loss Amount for any Component Balance of the PO Component of Group 2 and Group 3 shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Class Certificate Balance of the Class of Class B Certificates then outstanding with the highest numerical Class designation shall be applied reduced or increased on each Distribution Date by reducing the amount, if any, necessary such that the aggregate of the Class Principal Balance Certificate Balances of all outstanding Classes of Senior Certificates (but not the Class 30-PO Certificates or Class 15-PO Certificates) and Class B Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for all the Loan Groups for such Distribution Date. After the Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Class of Group 1 Subordinate Certificates (other than the Class 130-X PO Certificates) beginning with in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group 1 Subordinate Certificates then outstanding with (after giving effect to the lowest relative payment priority, in each case until amount to be distributed as a distribution of principal on such Distribution Date) equals the respective Class Principal Balance thereof is reduced to zeroAdjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any Applied Loss Amount allocated to a Class of Group 1 Subordinate Certificates such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates (but not the Class 30-PO Certificates) of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Certificates to which an Applied Loss Amount has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group C-Classes of Class B Certificates in decreasing order of their alphanumerical Class designations Certificates, then outstanding (beginning with the Class C-B-6 of Class B Certificates), then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Senior Certificates (other than but not the Class A30-P and Notional Amount PO Certificates) related to of such Loan Group, pro rata, on the basis of their respective Class Principal Balances Certificate Balances. (except if e) After the loss is recognized with respect to a Class P Mortgage LoanSenior Credit Support Depletion Date, in on any Distribution Date on which case the applicable Class P Fraction of such loss will first be allocated to the Class A1-P Certificates and the remainder of the loss will be allocated as described above); providedA-2 Loss Allocation Amount is greater than zero, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 21-A-11 A-2 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 21-A-11 CertificatesA-2 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 21-A-11 A-1 Certificates is will not be reduced to zero, (B) Realized Losses which would otherwise be allocated to by the Class 21-A-4A-2 Loss Allocation Amount. Notwithstanding the foregoing, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of on any Distribution Date in which the Class Principal 1-A-1 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 41-A-2 Certificates is reduced prior to zero, (D) Realized Losses which would otherwise be allocated to any reduction for the Class 41-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date)A-2 Loss Allocation Amount, such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, distributed in reduction of its the Class Principal BalanceCertificate Balance of the Class 1-A-1 Certificates. Any increase in the Class Certificate Balance allocated to the Class 1-A-1 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-2 Certificates. After the Senior Credit Support Depletion Date, on any Distribution Date on which the Class 1-A-6 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-6 Certificates will be reduced by the Class 1-A-6 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-5 Certificates will not be reduced by the Class 1-A-6 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Class 1-A-5 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-6 Certificates prior to any reduction for the Class 1-A-6 Loss Allocation Amount, such excess will be distributed in reduction of the Class Certificate Balance of the Class 1-A-5 Certificates. Any increase in the Class Certificate Balance allocated to the Class 1-A-5 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-6 Certificates. (df) Any allocation by the Trust Administrator Notwithstanding any other provision of Realized Losses to a Certificate or any reduction in the this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date such that the Class Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the case of any Class of Class B Certificates any principal otherwise payable to such Class of Class B Certificates but used to pay any PO Deferred Amount). (g) With respect to any Distribution Date, Realized Losses allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balanceallocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a) and to each Uncertificated Middle-Tier Interest in an amount equal to the Realized Losses allocated to such Uncertificated Middle-Tier Interest's Corresponding Upper-Tier Class, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate BalanceClasses or Component.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Applied Loss AmountClass A-PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced on each Distribution Date by the amount, in each case until if any, by which the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 1-B Certificates (but not the Component Balance of the Class 1-A-PO Component ) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 2-A-PO Component and Class 4-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 2 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class 3-B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates and Class 3-B Certificates (but not the Component Balance of the Class 3-A-PO Component ) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances (or, in the case of the Class 2-A-5 Certificates, the Initial Class Certificate Balance, if lower) immediately prior to such Distribution Date. (c) Any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class 1-B Certificates, Class X-B Certificates to which an Applied Loss Amount has been allocated (including any such or Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 3-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2Class 1-B Certificates, Group 3, Group 4, and Group CClass X-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, Class 3-B Certificates shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group CClasses of Class 1-B Certificates, Class X-B Certificates in decreasing order of their alphanumerical or the Class designations 3-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class 1-B-6 B Certificates), Class X-B Certificates or Class 3-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Group 1 Senior Certificates (other than Certificates, in the case of the Class A1-P and Notional Amount B Certificates) related to such Loan Group, pro rata, on in accordance with the basis of their respective Class Principal Balances (except if priorities set forth in Section 5.02, the loss is recognized with respect to a Class P Mortgage LoanGroup 2 Senior Certificates and Group 4 Senior Certificates, in which the case of Class X-B Certificates, pro rata, in accordance with the applicable Class P Fraction priorities set forth in Section 5.02, or the Group 3 Senior Certificates, in the case of such loss will first be allocated to the Class A3-P Certificates and B Certificates, pro rata, in accordance with the remainder priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which the Class 1-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the loss Class 1-A-2 Certificates will be allocated as described abovereduced by the Class 1-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b); provided, howeverthe Class Certificate Balance of the Class 1-A-1 Certificates will not be reduced by the Class 1-A-2 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 1, that (A) Realized Losses on any Distribution Date on which would otherwise the Class 1-A-8 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-8 Certificates will be allocated to reduced by the Class 1-A-8 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-7 Certificates will not be reduced by the Class 1-A-8 Loss Allocation Amount. After the Senior Credit Support Depletion Date for Group 2, on any Distribution Date on which the Class 2-A-10 and Class 2-A-13 CertificatesA-8 Loss Allocation Amount is greater than zero, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Certificate Balance of the Class 2-A-11 A-8 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to reduced by the Class 2-A-11 CertificatesA-8 Loss Allocation Amount and, until notwithstanding Section 5.03(b), the Class Principal Balance Certificate Balances of the Class 2-A-11 Certificates is reduced to zeroA-1, (B) Realized Losses which would otherwise be allocated to the Class 2-A-2, Class 2-A-4, Class 2-A-12 A-5, Class 2-A-6 and Class 2-A-16 CertificatesA-7 Certificates will not be reduced by the Class 2-A-8 Loss Allocation Amount. Notwithstanding the foregoing, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, (i) on any Distribution Date in which the sum of the Class Principal 2-A-1 Loss Amount, Class 2-A-2 Loss Amount, Class 2-A-4 Loss Amount, Class 2-A-5 Loss Amount, Class 2-A-6 Loss Amount and Class 2-A-7 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-14 A-8 Certificates prior to any reduction for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 CertificatesA-8 Loss Allocation Amount, until such excess will be distributed, pro rata, based on the Class Principal Balance 2-A-1 Loss Amount, Class 2-A-2 Loss Amount, Class 2-A-4 Loss Amount, Class 2-A-5 Loss Amount, Class 2-A-6 Loss Amount and Class 2-A-7 Loss Amount, in reduction of the Class Certificate Balances of the Class 2-A-14 Certificates is reduced to zeroA-1, (C) Realized Losses Class 2-A-2, Class 2-A-4, Class 2-A-5, Class 2-A-6 and Class 2-A-7 Certificates. After the Senior Credit Support Depletion Date for Group 4, on any Distribution Date on which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 CertificatesLoss Allocation Amount is greater than zero, until the Class Principal Certificate Balance of the Class 4-A-2 Certificates is will be reduced to zero, (D) Realized Losses which would otherwise be allocated to by the Class 4-A-3 and Class 4-A-4 CertificatesA-2 Loss Allocation Amount and, up to an amount equal to 60.63% and 39.37%notwithstanding Section 5.03(b), respectively, of the Class Principal Certificate Balance of the Class 4-A-11 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead not be allocated to reduced by the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zeroA-2 Loss Allocation Amount. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates by a reduction in the Class Certificate Balances of the Applied Loss Amountdesignated Classes pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Class A-PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class A-PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, in each case until if any, necessary such that the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates and Class 1-B Certificates (but not the Component Balance of the Class 1-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 for such Distribution Date. The Class Certificate Balance of the Class of Class X-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 2 Senior Certificates, Group 4 Senior Certificates and Class X-B Certificates (but not the Component Balances of the Class 2-A-PO Component and Class 4-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the sum of the Adjusted Pool Amounts (Non-PO Portion) for Loan Group 2 and Loan Group 4 for such Distribution Date. The Class Certificate Balance of the Class 3-B Certificates then outstanding with the highest numerical Class designation shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Group 3 Senior Certificates and Class 3-B Certificates (but not the Component Balance of the Class 3-A-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class A-PO Deferred Amounts on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for Loan Group 3 for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced or increased on each Distribution Date by the amount, if any, necessary such that the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) equals the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction or increase shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances immediately prior to such Distribution Date or, in the case of the Class 2-A-6 and Class 2-A-7 Certificates, the respective Initial Class Certificate Balances, if lower, until the Class Certificate Balances thereof have been reduced to zero. (c) Any reduction or increase in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates with respect to a Distribution Date (the "Calculated Principal Distribution") shall be made prior to the allocation of any Realized Losses for such Distribution Date; provided, however, the actual payment of principal to the Classes of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates shall be made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Classes of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates, as the case may be, then outstanding (beginning with the Class of Class 1-B Certificates, Class X-B Certificates or Class 3-B Certificates, as the case may be, then outstanding with the lowest numerical designation) until the respective Class Certificate Balance of each such Class is reduced to zero and then to the Group 1 Subordinate Senior Certificates, in the case of the Class 1-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, the Group 2 Senior Certificates to and Group 4 Senior Certificates, in the case of Class X-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02, or the Group 3 Senior Certificates, in the case of the Class 3-B Certificates, pro rata, in accordance with the priorities set forth in Section 5.02. (e) After the Senior Credit Support Depletion Date for Group 1, on any Distribution Date on which an Applied the Class 1-A-24 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 1-A-24 Certificates will be reduced by the Class 1-A-24 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 1-A-5, Class 1-A-23, Class 1-A-25 and Class 1-A-26 Certificates will not be reduced by the Class 1-A-24 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the sum of the Class 1-A-5 Loss Amount, Class 1-A-23 Loss Amount, Class 1-A-25 Loss Amount has been and Class 1-A-26 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-24 Certificates prior to any reduction for the Class 1-A-24 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Class Certificate Balances of the Class 1-A-5, Class 1-A-23, Class 1-A-25 and Class 1-A-26 Certificates, in reduction of the Class Certificate Balances of the Class 1-A-5, Class 1-A-23, Class 1-A-25 and Class 1-A-26 Certificates. Any increase in the Class Certificate Balance allocated (including any such to the Class 1-A-5, Class 1-A-23, Class 1-A-25 and Class 1-A-26 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 1-A-24 Certificates. After the Senior Credit Support Depletion Date for which Group 2 and prior to the related Class Principal Certificate Balance of the Class 2-A-9 Certificates has been reduced to zero, on any Distribution Date on which the Class 2-A-9 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-9 Certificates will be reduced by the Class 2-A-9 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Principal Certificate Balance of the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-8, Class 2-A-11, Class 2-A-12, Class 2-A-13, Class 2-A-14 and Class 2-A-16 Certificates will not be reduced by the Class 2-A-9 Loss Allocation Amount. Notwithstanding the foregoing, on any Distribution Date in which the Group 2 Loss Amount exceeds the Class Certificate Balance of the Class 2-A-9 Certificates prior to any reduction for the Class 2-A-9 Loss Allocation Amount, such excess will be distributed, pro rata, based on the Group 2 Loss Amount, in reduction of the Class Certificate Balances of the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-8, Class 2-A-11, Class 2-A-12, Class 2-A-13, Class 2-A-14 and Class 2-A-16 Certificates. After the Senior Credit Support Depletion Date for Group 2 and after the Class Certificate Balance of the Class 2-A-9 Certificates has been reduced to zero, on any Distribution Date on which the Class 2-A-1 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 2-A-1 Certificates will be reduced by the Class 2-A-16 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class Certificate Balance of the Class 2-A-16 Certificates will not be reduced by the Class 2-A-1 Loss Allocation Amount. Any increase in the Class Certificate Balance allocated to the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-8, Class 2-A-11, Class 2-A-12, Class 2-A-13, Class 2-A-14 and Class 2-A-16 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-9 Certificates. After the Class Certificate Balance of the Class 2-A-9 Certificates has been decreased to zero, any increase in the Class Certificate Balance allocated to the Class 2-A-16 Certificates pursuant to Section 5.03(b) will instead increase the Class Certificate Balance of the Class 2-A-1 Certificates. (f) Notwithstanding any other provision of this Section 5.03, no Class Certificate Balance of a Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with that the Class of Group 1 Subordinate Certificates with the highest relative payment priority, up to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii) shall be made prior to giving effect to distributions on that Distribution Date. Any increase to the Class Principal Balance of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of such Class exceeds its Initial Class Certificate Balance less all distributions of principal previously distributed in respect of such Class on prior Distribution Dates (excluding in the related case of any Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator to the Classes of Group 2, Group 3, Group 4, and Group C-Class B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, shall be allocated first, principal otherwise payable to the Group C-such Class of Class B Certificates in decreasing order of their alphanumerical Class designations (beginning with the Class C-B-6 Certificates), until the respective Class Principal Balance of each such Class is reduced but used to zero, and second, to the Senior Certificates (other than the pay any Class A-P and Notional Amount Certificates) related to such Loan Group, pro rata, on the basis of their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 2-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 Certificates, until the Class Principal Balance of the Class 2-A-11 Certificates is reduced to zero, (B) Realized Losses which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Balance of the Class 4-A-2 Certificates is reduced to zero, (D) Realized Losses which would otherwise be allocated to the Class 4-A-3 and Class 4-A-4 Certificates, up to an amount equal to 60.63% and 39.37%, respectively, of the Class Principal Balance of the Class 4-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead be allocated to the Class 4-A-11 Certificates, until the Class Principal Balance of the Class 4-A-11 Certificates is reduced to zero and (E) Realized Losses which would otherwise be allocated to the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Balance of the Class 4-A-14 Certificates is reduced to zero. (ii) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described abovePO Deferred Amount). (c) On each Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate pursuant to this Section 4.02 shall be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date in accordance with the definition of “Certificate Balance.”

Allocation of Losses. (ia) The Group 1 Certificates. On or prior to each Distribution Determination Date, the Trust Administrator Servicer shall inform the Trustee in writing with respect to each Mortgage Loan: (1) whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction, (2) of the amount of such loss or Deficient Valuation, or of the terms of such Debt Service Reduction and (3) of the total amount of Realized Losses on the Mortgage Loans in each Loan Group. Based on such information, the Trustee shall determine the total amount of Realized Losses on the Mortgage Loans in each Loan Group with respect to the related Distribution Date. Realized Losses shall be allocated to the Certificates pursuant to the operation of Section 5.03(b). (b) The Component Balance of the Applied Loss AmountClass PO Component of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such Class PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date. The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Certificate Balance of each Class of Group 1 Subordinate Certificates (other than the Class 1-X Certificates) beginning with the Class of Group 1 Subordinate Class 30-B Certificates then outstanding with the lowest relative payment priorityhighest numerical Class designation shall be reduced on each Distribution Date by the amount, in each case until if any, by which the respective aggregate of the Class Principal Balance thereof is reduced to zero. Any Applied Loss Amount allocated to a Class Certificate Balances of all outstanding Classes of Group 1 Subordinate Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Class 30-B Certificates (but not the Component Balances of the Class 1-PO Component, Class 2-PO Component and Class 3-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) exceeds the sum of the Adjusted Pool Amounts (Non-PO Portion) for the 30 Year Crossed Loan Groups for such Distribution Date. The Class Certificate Balance of the Class 15-B Certificates then outstanding with the highest numerical Class designation shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Group 4 Senior Certificates, Group 5 Senior Certificates and Class 15-B Certificates (but not the Component Balances of the Class 4-PO Component and Class 5-PO Component) (after giving effect to the amount to be distributed as a distribution of principal and the allocation of the Class PO Deferred Amounts on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for the 15 Year Crossed Loan Groups for such Distribution Date. After the applicable Senior Credit Support Depletion Date, the Class Certificate Balances of the Senior Certificates of each Group in the aggregate shall be reduced on each Distribution Date by the amount, if any, by which the aggregate of the Class Certificate Balances of all outstanding Classes of Senior Certificates of such Group (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (Non-PO Portion) for the Related Loan Group for such Distribution Date. Any such reduction shall be allocated among the Group 1 Subordinate Senior Certificates of such Group, based on the Class Certificate Balances. (c) Any reduction in the Class Certificate Balance of a Class of Certificates pursuant to Section 5.03(b) above shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests. Group 1 Senior Certificates shall not be allocated Applied Loss Amounts. (iid) With respect The calculation of the amount to be distributed as principal to any Class of Group 1 Subordinate Class 30-B Certificates to which an Applied Loss Amount has been allocated (including any such or Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased on any Distribution Date by the amount of related Recoveries for such Distribution Date, beginning with the Class of Group 1 Subordinate 15-B Certificates with the highest relative payment priority, up respect to the amount of the Deferred Amount for that Class. Any increase in a Class Principal Balance on a Distribution Date pursuant to this Section 4.02(a)(ii(the "Calculated Principal Distribution") shall be made prior to giving effect to distributions on that the allocation of any Realized Losses for such Distribution Date. Any increase to ; provided, however, the Class Principal Balance actual payment of a Class of Group 1 Subordinate Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Percentage Interest. (b) The Group 2, Group 3, Group 4, and Group C-B Certificates. Realized Losses on the Group 2, Group 3 and Group 4 Mortgage Loans with respect to any Distribution Date shall be allocated by the Trust Administrator principal to the Classes of Group 2, Group 3, Group 4, and Group CClass 30-B Certificates as follows: (i) except as provided in the parenthetical below, any Realized Loss on a Group 2, Group 3 or Group 4 Mortgage Loan, other than an Excess Loss, Class 15-B Certificates shall be allocated made subsequent to the allocation of Realized Losses for such Distribution Date. In the event that after the allocation of Realized Losses for a Distribution Date, the Calculated Principal Distribution for a Class of Class 30-B Certificates or Class 15-B Certificates is greater than the Class Certificate Balance of such Class, the excess shall be distributed first, sequentially, to the Group CClasses of Class 30-B Certificates in decreasing order of their alphanumerical or the Class designations 15-B Certificates, as the case may be, then outstanding (beginning with the Class Cof Class 30-B-6 B Certificates or Class 15-B Certificates), as the case may be, then outstanding with the lowest numerical designation) until the respective Class Principal Certificate Balance of each such Class is reduced to zero, zero and second, then to the Group 1 Senior Certificates, Group 2 Senior Certificates (other than and Group 3 Senior Certificates, in the case of Class A30-P and Notional Amount B Certificates) related to such Loan Group, pro rata, on in accordance with the basis of their respective Class Principal Balances (except if priorities set forth in Section 5.02, or the loss is recognized with respect to a Class P Mortgage LoanGroup 4 Senior Certificates and Group 5 Senior Certificates, in which the case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above); provided, however, that (A) Realized Losses which would otherwise be allocated to the Class 2-A-10 and Class 2-A-13 Certificates, up to an amount equal to 80.00% and 20.00%, respectively, of the Class Principal Balance of the Class 215-A-11 Certificates for such Distribution Date, and up to a cumulative maximum of $4,800,000 and $1,200,000, respectively, will instead be allocated to the Class 2-A-11 B Certificates, until pro rata, in accordance with the Class Principal Balance of priorities set forth in Section 5.02. (e) After the Class 2-A-11 Certificates is reduced to zeroSenior Credit Support Depletion Date for the 15 Year Crossed Groups, (B) Realized Losses on any Distribution Date on which would otherwise be allocated to the Class 2-A-4, Class 2-A-12 and Class 2-A-16 Certificates, up to an amount equal to 52.49%, 15.47% and 32.04%, respectively, of the Class Principal Balance of the Class 2-A-14 Certificates for such Distribution Date, and up to a cumulative maximum of $3,393,600, $1,000,000 and $2,071,400, respectively, will instead be allocated to the Class 2-A-14 Certificates, until the Class Principal Balance of the Class 2-A-14 Certificates is reduced to zero, (C) Realized Losses which would otherwise be allocated to the Class 4-A-1 Certificates, will instead be allocated to the Class 4-A-2 CertificatesLoss Allocation Amount is greater than zero, until the Class Principal Certificate Balance of the Class 4-A-2 Certificates is will be reduced to zero, (D) Realized Losses which would otherwise be allocated to by the Class 4-A-3 and Class 4-A-4 CertificatesA-2 Loss Allocation Amount and, up to an amount equal to 60.63% and 39.37%notwithstanding Section 5.03(b), respectively, of the Class Principal Certificate Balance of the Class 4-A-11 A-1 Certificates for such Distribution Date, and up to a cumulative maximum of $1,540,000 and $1,000,000, respectively, will instead not be allocated to reduced by the Class 4-A-11 CertificatesA-2 Loss Allocation Amount. After the Senior Credit Support Depletion Date for the 15 Year Crossed Groups, until on any Distribution Date on which the Class Principal 5-A-2 Loss Allocation Amount is greater than zero, the Class Certificate Balance of the Class 45-A-11 A-2 Certificates is will be reduced to zero and (E) Realized Losses which would otherwise be allocated to by Class 5-A-2 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class 4-A-10 Certificates, will instead be allocated to the Class 4-A-14 Certificates, until the Class Principal Certificate Balance of the Class 45-A-14 A-1 Certificates is will not be reduced to zeroby the Class 5-A-2 Loss Allocation Amount. (iif) except as provided in the parenthetical below, Excess Losses for the Group 2, Group 3 and Group 4 Mortgage Loans will be allocated among all Classes of Group 2, Group 3 and Group 4 Certificates (other than the Class A-P and Notional Amount Certificates) and Group C-B Certificates, pro rata, based on their respective Class Principal Balances (except if the loss is recognized with With respect to a Class P Mortgage Loan, in which case the applicable Class P Fraction of such loss will first be allocated to the Class A-P Certificates and the remainder of the loss will be allocated as described above). (c) On each any Distribution Date, if the sum of the aggregate Class Principal Balance of all Group 2, Group 3, Group 4, Class A-P and Group C-B Certificates exceeds the aggregate Stated Principal Balance of the Group 2, Group 3 and Group 4 Mortgage Loans (after giving effect to distributions of principal and the allocation of all losses to such Certificates on such Distribution Date), such excess will be deemed a principal loss and shall be allocated by the Trust Administrator to the most junior Class of Group C-B Certificates then outstanding, in reduction of its Class Principal Balance. (d) Any allocation by the Trust Administrator of Realized Losses to a Certificate or any reduction in the Certificate Balance of a Certificate allocated pursuant to this Section 4.02 shall 5.03 will be accomplished by reducing its Certificate Balance, immediately following the distributions made on the related Distribution Date allocated to each Uncertificated Lower-Tier Interest Component or Components as provided in accordance with the definition of “Certificate BalanceSection 5.02(a). Realized Losses allocated pursuant to this Section 5.03 will be allocated to each Uncertificated Lower-Tier Interest as described in Section 5.02(a).”