Common use of Indemnification by Servicer Clause in Contracts

Indemnification by Servicer. 104 Section 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section 3.24. Information to the Trustee...................................................... 104 Section 3.25. Indemnification................................................................. 105 Section 3.26. Nonsolicitation................................................................. 105 Section 3.27. High Cost Mortgage Loans........................................................ 105 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section 4.01. Advances........................................................................ 106 Section 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section 4.03. Distributions on the REMIC Interests............................................ 107 Section 4.04. Distributions................................................................... 107 Section 4.05. Monthly Statements to Certificateholders........................................ 117 ARTICLE V THE CERTIFICATES........................................................................ 121 Section 5.01. The Certificates................................................................ 121 Section 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section 5.04. Persons Deemed Owners........................................................... 127 Section 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129

Indemnification by Servicer. 104 Section 110 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............... 111 SECTION 3.24. Information Statements to the Trustee...................................................... 104 Section .................................. 111 SECTION 3.25. Indemnification................................................................. 105 Section Further Indemnification by the Servicer................ 111 SECTION 3.26. Nonsolicitation................................................................. 105 Section ........................................ 112 SECTION 3.27. Existing Servicing Agreement........................... 112 SECTION 3.28. High Cost Mortgage Loans........................................................ 105 ............................... 112 SECTION 3.29. [RESERVED]............................................. 113 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................... 113 SECTION 4.01. Advances........................................................................ 106 Section ............................................... 113 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ......................... 113 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................... 114 SECTION 4.04. Distributions................................................................... 107 Section .......................................... 114 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............... 122 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................ 126 SECTION 5.01. The Certificates................................................................ 121 Section ....................................... 126 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................... 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...... 131 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section .................................. 131 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 .......................................... 132 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.06. Book-Entry Certificates................................ 132 SECTION 5.07. Notices to Depository.................................. 133 SECTION 5.08. Definitive Certificates................................ 133 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ........................ 133 SECTION 5.10. Authenticating Agents........................................................... 129Pre-Funding Account.................................... 133 SECTION 5.11. Capitalized Interest Account........................... 134

Indemnification by Servicer. 104 Section 98 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............. 98 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................... 99 SECTION 3.25. Indemnification................................................................. 105 Section ...................................... 99 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation......................................... 100 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................. 100 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 100 SECTION 4.01. Advances........................................................................ 106 Section ............................................. 100 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section .................. 101 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................. 102 SECTION 4.04. Distributions................................................................... 107 Section ........................................ 102 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............. 95 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 117 SECTION 5.01. The Certificates................................................................ 121 Section ..................................... 117 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................. 119 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .... 123 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ................................ 123 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ............................................ 123 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section .............................. 124 SECTION 5.07. Notices to Depository........................................................... 128 Section ................................ 125 SECTION 5.08. Definitive Certificates......................................................... 129 -ii- TABLE OF CONTENTS (continued) PAGE Section .............................. 125 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ...................... 125 SECTION 5.10. Authenticating Agents........................................................... 129................................ 126

Indemnification by Servicer. 104 Section 106 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............. 107 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................... 107 SECTION 3.25. Indemnification................................................................. 105 Section ...................................... 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation......................................... 108 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................. 108 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................... 108 SECTION 4.01. Advances........................................................................ 106 Section ............................................. 108 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section .................. 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................. 110 SECTION 4.04. Distributions................................................................... 107 Section ........................................ 110 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............. 119 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................ 123 SECTION 5.01. The Certificates................................................................ 121 Section ..................................... 123 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................. 125 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .... 129 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ................................ 129 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ............................................ 130 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 .............................. 130 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.07. Notices to Depository................................ 131 SECTION 5.08. Definitive Certificates.............................. 131 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ...................... 132 SECTION 5.10. Authenticating Agents........................................................... 129................................ 132

Indemnification by Servicer. 104 Section 100 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............... 100 SECTION 3.24. Information Statements to the Trustee...................................................... 104 Section .................................. 100 SECTION 3.25. Indemnification................................................................. 105 Section Further Indemnification by the Servicer................ 101 SECTION 3.26. Nonsolicitation................................................................. 105 Section ........................................ 101 SECTION 3.27. Existing Servicing Agreement........................... 101 SECTION 3.28. High Cost Mortgage Loans........................................................ 105 ............................... 101 SECTION 3.29. [RESERVED]............................................. 101 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 102 SECTION 4.01. Advances........................................................................ 106 Section ............................................... 102 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ......................... 102 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................... 102 SECTION 4.04. Distributions................................................................... 107 Section .......................................... 102 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............... 111 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 115 SECTION 5.01. The Certificates................................................................ 121 Section ....................................... 115 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................... 116 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...... 120 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 -ii- .................................. 120 TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129)

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............... 108 SECTION 3.24. Information to the Trustee...................................................... 104 Section ............................. 108 SECTION 3.25. Indemnification................................................................. 105 Section ........................................ 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation........................................... 109 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................... 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 109 SECTION 4.01. Advances........................................................................ 106 Section ............................................... 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ......................... 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................... 111 SECTION 4.04. Distributions................................................................... 107 Section .......................................... 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............... 121 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 126 SECTION 5.01. The Certificates................................................................ 121 Section ....................................... 126 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................... 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...... 132 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section .................................. 132 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section .............................................. 132 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ................................ 132 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129)

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............... 107 SECTION 3.24. Information to the Trustee...................................................... 104 Section ............................. 108 SECTION 3.25. Indemnification................................................................. 105 Section ........................................ 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation........................................... 108 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................... 109 SECTION 3.28. Rights of the NIMs Insurer............................. 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................... 109 SECTION 4.01. Advances........................................................................ 106 Section ............................................... 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ......................... 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................... 110 SECTION 4.04. Distributions................................................................... 107 Section .......................................... 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............... 121 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................ 125 SECTION 5.01. The Certificates................................................................ 121 Section ....................................... 125 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................... 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...... 131 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section .................................. 131 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 .............................................. 131 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.06. Book-Entry Certificates................................ 132 SECTION 5.07. Notices to Depository.................................. 133 SECTION 5.08. Definitive Certificates................................ 133 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ........................ 133 SECTION 5.10. Authenticating Agents........................................................... 129.................................. 133

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............................ 107 SECTION 3.24. Information to the Trustee...................................................... 104 Section .......................................... 108 SECTION 3.25. Indemnification................................................................. 105 Section ..................................................... 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation........................................................ 108 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................................ 109 SECTION 3.28. Rights of the NIMs Insurer.......................................... 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................................ 109 SECTION 4.01. Advances........................................................................ 106 Section ............................................................ 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ................................................. 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................................ 110 SECTION 4.04. Distributions................................................................... 107 Section ....................................................... 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............................ 121 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ......................................................... 125 SECTION 5.01. The Certificates................................................................ 121 Section .................................................... 125 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ........................................................ 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ................... 131 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ............................................... 131 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ........... 131 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129)

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............. 107 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................... 108 SECTION 3.25. Indemnification................................................................. 105 Section ...................................... 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation......................................... 108 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................. 109 SECTION 3.28. Rights of the NIMs Insurer........................... 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................... 109 SECTION 4.01. Advances........................................................................ 106 Section ............................................. 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section .................. 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................. 110 SECTION 4.04. Distributions................................................................... 107 Section ........................................ 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............. 121 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................ 125 SECTION 5.01. The Certificates................................................................ 121 Section ..................................... 125 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................. 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .... 131 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ................................ 131 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ............................................ 131 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.06. Book-Entry Certificates.............................. 132 SECTION 5.07. Notices to Depository................................ 133 SECTION 5.08. Definitive Certificates.............................. 133 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ...................... 133 SECTION 5.10. Authenticating Agents........................................................... 129................................ 133

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............. 108 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................... 108 SECTION 3.25. Indemnification................................................................. 105 Section ...................................... 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation......................................... 109 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................. 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 109 SECTION 4.01. Advances........................................................................ 106 Section ............................................. 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section .................. 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................. 111 SECTION 4.04. Distributions................................................................... 107 Section ........................................ 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............. 121 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 126 SECTION 5.01. The Certificates................................................................ 121 Section ..................................... 126 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................. 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .... 132 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ................................ 132 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ............................................ 132 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 .............................. 132 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.07. Notices to Depository................................ 133 SECTION 5.08. Definitive Certificates.............................. 133 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ...................... 134 SECTION 5.10. Authenticating Agents........................................................... 129................................ 134

Indemnification by Servicer. 104 Section 121 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............................ 121 SECTION 3.24. Information to the Trustee...................................................... 104 Section .......................................... 122 SECTION 3.25. Indemnification................................................................. 105 Section ..................................................... 122 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation........................................................ 123 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................................ 123 SECTION 3.28. Rights of the NIMs Insurer.......................................... 123 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................................ 123 SECTION 4.01. Advances........................................................................ 106 Section ............................................................ 123 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ................................................. 124 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................................ 125 SECTION 4.04. Distributions................................................................... 107 Section ....................................................... 125 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............................ 136 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ......................................................... 140 SECTION 5.01. The Certificates................................................................ 121 Section .................................................... 140 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ........................................................ 142 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ................... 146 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ............................................... 146 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ........... 147 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129)

Indemnification by Servicer. 104 Section 102 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ........... 103 SECTION 3.24. Information Statements to the Trustee...................................................... 104 Section .............................. 103 SECTION 3.25. Indemnification................................................................. 105 Section Further Indemnification by the Servicer............ 103 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation....................................... 104 SECTION 3.27. Existing Servicing Agreement....................... 104 SECTION 3.28. High Cost Mortgage Loans........................................................ 105 ........................... 104 SECTION 3.29. Rights of the NIMs Insurer......................... 104 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................... 104 SECTION 4.01. Advances........................................................................ 106 Section ........................................... 104 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ................ 105 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ............... 106 SECTION 4.04. Distributions................................................................... 107 Section ...................................... 106 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ........... 115 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................ 119 SECTION 5.01. The Certificates................................................................ 121 Section ................................... 119 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ....................... 120 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .. 124 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section .............................. 124 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 -ii- .......................................... 125 TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.06. Book-Entry Certificates............................ 125 SECTION 5.07. Notices to Depository.............................. 126 SECTION 5.08. Definitive Certificates............................ 126 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section .................... 126 SECTION 5.10. Authenticating Agents........................................................... 129.............................. 127

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section .......... 108 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................ 108 SECTION 3.25. Indemnification................................................................. 105 Section ................................... 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation...................................... 109 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 .......................... 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ...................................................... 109 SECTION 4.01. Advances........................................................................ 106 Section .......................................... 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ............... 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section .............. 111 SECTION 4.04. Distributions................................................................... 107 Section ..................................... 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 .......... 121 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ................................................... 126 SECTION 5.01. The Certificates................................................................ 121 Section .................................. 126 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section .......................... 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...................................... 132 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ............................. 132 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ......................................... 132 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ........................... 132 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.07. Notices to Depository............................. 133 SECTION 5.08. Definitive Certificates........................... 133 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ................... 134 SECTION 5.10. Authenticating Agents........................................................... 129............................. 134

Indemnification by Servicer. 104 Section 82 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ................................. 82 SECTION 3.24. Information to the Trustee...................................................... 104 Section ............................................... 83 SECTION 3.25. Indemnification................................................................. 105 Section .......................................................... 83 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation............................................................. 83 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ................................................. 84 SECTION 3.28. Rights of the NIMs Insurer............................................... 84 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................................... 84 SECTION 4.01. Advances........................................................................ 106 Section ................................................................. 84 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ...................................................... 85 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ..................................... 86 SECTION 4.04. Distributions................................................................... 107 Section ............................................................ 86 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ................................. 92 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ................................................................. 96 SECTION 5.01. The Certificates................................................................ 121 Section ......................................................... 96 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................................................. 97 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ........................ 102 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129.................................................... 102

Indemnification by Servicer. 104 Section 92 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............... 93 SECTION 3.24. Information Statements to the Trustee...................................................... 104 Section .................................. 93 SECTION 3.25. Indemnification................................................................. 105 Section Further Indemnification by the Servicer................ 93 SECTION 3.26. Nonsolicitation................................................................. 105 Section ........................................ 94 SECTION 3.27. Existing Servicing Agreement........................... 94 SECTION 3.28. High Cost Mortgage Loans........................................................ 105 ............................... 94 SECTION 3.29. Special Servicing Agreements........................... 94 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 94 SECTION 4.01. Advances........................................................................ 106 Section ............................................... 94 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ......................... 95 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................... 95 SECTION 4.04. Distributions................................................................... 107 Section .......................................... 96 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............... 101 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 105 SECTION 5.01. The Certificates................................................................ 121 Section ....................................... 105 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................... 106 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...... 109 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section .................................. 110 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 .............................................. 110 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.06. Book-Entry Certificates................................ 110 SECTION 5.07. Notices to Depository.................................. 111 SECTION 5.08. Definitive Certificates................................ 111 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ........................ 111 SECTION 5.10. Authenticating Agents........................................................... 129Pre-Funding Account.................................... 112

Indemnification by Servicer. 104 Section 107 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............... 107 SECTION 3.24. Information to the Trustee...................................................... 104 Section ............................. 108 SECTION 3.25. Indemnification................................................................. 105 Section ........................................ 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation........................................... 109 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................... 109 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 109 SECTION 4.01. Advances........................................................................ 106 Section ............................................... 109 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ...................... 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................... 111 SECTION 4.04. Distributions................................................................... 107 Section .......................................... 111 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............... 122 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 126 SECTION 5.01. The Certificates................................................................ 121 Section ....................................... 126 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................ 127 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ...... 132 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section .................................. 132 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ........................................... 132 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section ................................ 132 -ii- TABLE OF CONTENTS (Continued) PAGE ---- SECTION 5.07. Notices to Depository........................................................... 128 Section .................................. 133 SECTION 5.08. Definitive Certificates......................................................... 129 -ii- TABLE OF CONTENTS (continued) PAGE Section ................................ 133 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ........................ 134 SECTION 5.10. Authenticating Agents........................................................... 129.................................. 134

Indemnification by Servicer. 104 Section 106 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............. 107 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................... 107 SECTION 3.25. Indemnification................................................................. 105 Section ...................................... 108 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation......................................... 108 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................. 108 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ............................................. 108 SECTION 4.01. Advances........................................................................ 106 Section ............................................. 108 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section .................. 110 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................. 110 SECTION 4.04. Distributions................................................................... 107 Section ........................................ 110 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............. 119 ARTICLE V THE CERTIFICATES........................................................................ 121 Section .......................................... 123 SECTION 5.01. The Certificates................................................................ 121 Section ..................................... 123 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................. 125 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .... 129 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ................................ 129 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ............................................ 130 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 .............................. 130 -ii- TABLE OF CONTENTS (continued) PAGE Section ---- SECTION 5.07. Notices to Depository................................ 131 SECTION 5.08. Definitive Certificates.............................. 131 SECTION 5.09. Maintenance of Office or Agency................................................. 129 Section ...................... 132 SECTION 5.10. Authenticating Agents........................................................... 129................................ 132

Indemnification by Servicer. 104 Section 100 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section ............. 101 SECTION 3.24. Information to the Trustee...................................................... 104 Section ........................... 101 SECTION 3.25. Indemnification................................................................. 105 Section ...................................... 101 SECTION 3.26. Nonsolicitation................................................................. 105 Section Solicitation......................................... 102 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 ............................. 102 SECTION 3.28. Special Servicing Agreements......................... 102 SECTION 3.29. Subordination of Liens............................... 102 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 103 SECTION 4.01. Advances........................................................................ 106 Section ............................................. 103 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section .................. 104 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section ................. 104 SECTION 4.04. Distributions................................................................... 107 Section ........................................ 105 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 ............. 115 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 119 SECTION 5.01. The Certificates................................................................ 121 Section ..................................... 119 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section ............................. 120 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section .... 125 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section ................................ 125 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section ............................................ 125 SECTION 5.06. Book-Entry Certificates......................................................... 127 Section .............................. 125 SECTION 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ................................ 126 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129)

Indemnification by Servicer. 104 Section 108 SECTION 3.23. Prepayment Charge Reporting Requirements........................................ 104 Section .............. 109 SECTION 3.24. Information to the Trustee...................................................... 104 Section ............................ 109 SECTION 3.25. Indemnification................................................................. 105 Section ....................................... 109 SECTION 3.26. Nonsolicitation................................................................. 105 Section ....................................... 110 SECTION 3.27. High Cost Mortgage Loans........................................................ 105 .............................. 110 SECTION 3.28. Subordination of Liens................................ 110 SECTION 3.29. Interim Servicing Period Responsibilities............. 111 ARTICLE IV DISTRIBUTIONS........................................................................... 106 Section ................................................. 111 SECTION 4.01. Advances........................................................................ 106 Section .............................................. 111 SECTION 4.02. Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls............................................................. 107 Section ........................ 112 SECTION 4.03. Distributions on the REMIC Interests............................................ 107 Section .................. 112 SECTION 4.04. Distributions................................................................... 107 Section ......................................... 113 SECTION 4.05. Monthly Statements to Certificateholders........................................ 117 .............. 122 ARTICLE V THE CERTIFICATES........................................................................ 121 Section ............................................... 126 SECTION 5.01. The Certificates................................................................ 121 Section ...................................... 126 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................................................................... 122 Section .............................. 128 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............................... 127 Section ..... 132 SECTION 5.04. Persons Deemed Owners........................................................... 127 Section 5.05. Access to List of Certificateholders' Names and Addresses....................... 127 Section 5.06. Book-Entry Certificates......................................................... 127 Section 5.07. Notices to Depository........................................................... 128 Section 5.08. Definitive Certificates......................................................... 129 ................................. 133 -ii- TABLE OF CONTENTS (continued) PAGE Section 5.09. Maintenance of Office or Agency................................................. 129 Section 5.10. Authenticating Agents........................................................... 129)