Common use of Servicing Certificate Clause in Contracts

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) of the Indenture; (ix) the number and Principal Balances of any Mortgage Loans removed to the Sponsor pursuant to Section 2.07; The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the NotesBonds, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) of the Indenture; (ix) the number and Principal Balances of any Mortgage Loans removed to the Sponsor Depositor pursuant to Section 2.07; The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the each Payment Date, the Servicer shall deliver to the Indenture Trustee, a certificate ( the “Servicing Certificate (Certificate”) in written form or in the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's ’s Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Due Period, the Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans HELOCs on or prior to the Determination Date in respect of such Collection Due Period; (ii) the aggregate amount of (a) Interest Collections interest remittance amount and (b) Principal Collections principal remittance amount for such Collection Due Period; (iii) the Principal Collections principal remittance amount for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Due Periods and the Servicing Fee for such Collection Due Period; (v) the related Pool Stated Principal Balance for each Pool of the HELOCs as of the end of the preceding Collection Due Period and as of the end of the second preceding Collection Due Period; (vi) the aggregate amount of Additional Balances created Draws advanced during the previous Collection Due Period; (vii) by Pool and in the aggregate, the number and aggregate Stated Principal Balances of Mortgage Loans HELOCs (A) as to which the Minimum Monthly Payment minimum monthly payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REOREO Property, in each case as of the end of the preceding Collection Due Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Payment Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) cumulative losses as a percentage of the Indenturesum of the aggregate principal balance of the HELOCs; (ix) the book value of any real estate which is acquired by the Trust through foreclosure or grant of deed in lieu of foreclosure; (x) the amount of any servicing advances made by the Servicer during the related Due Period; (xi) the amount, if any, of any Relief Act Interest Shortfalls incurred during the related Due Period; (xii) the number and Stated Principal Balances of any Mortgage Loans removed to HELOCs purchased by the Sponsor Originator from the Trust pursuant to Section 2.072.05; and (xiii) any other information that the Indenture Trustee may require to perform its duties under the Basic Documents. The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Article IV hereof and in preparing the statements required by Section 8.7 of the Indenture6.08, shall have no duty to recompute, recalculate, verify or inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, Servicer and the Indenture Trustee and the InsurerTrustee. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's ’s Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the NotesBonds, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) of the Indenture; (ix) the number and Principal Balances of any Mortgage Loans removed to the Sponsor Depositor pursuant to Section 2.07; The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee and the Owner Trustee, a Servicing Certificate (and the Indenture Trustee will post such Servicing Certificate (excluding the information contained in written form or items (xxvii) and (xxviii) below) to its internet website for the benefit of the Noteholders), in the form of computer readable media acceptable to the Indenture Trustee and the Owner Trustee or such other form as may be agreed to by the Indenture Trustee, the Owner Trustee and the Servicer), together with an Officer's ’s Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior being distributed to the Determination Date in respect of such Collection PeriodNotes; (ii) the aggregate amount of (a) Interest Collections interest included in such distribution and (b) Principal Collections for such Collection Periodthe Note Rate; (iii) the Principal Collections for amount, if any, of overdue accrued interest included in such Payment Date, separately stating distribution (and the components thereofamount of interest thereon); (iv) any the amount, if any, of the remaining overdue accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for interest after giving effect to such Collection Perioddistribution; (v) the related Pool Balance for each Pool as amount, if any, of the end of the preceding Collection Period and as of the end of the second preceding Collection Periodprincipal included in such distribution; (vi) the aggregate amount of Additional Balances created during the previous Collection PeriodServicing Fee for such Payment Date; (vii) by the related principal balance, after giving effect to such distribution; (viii) the related initial Pool Balance and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case related Pool Balance as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) of the Indenture; (ix) the Indenture Trustee Fee and Owner Trustee Fee for such Payment Date; (x) the number and aggregate Principal Balances Balance of Mortgage Loans that were (A) delinquent (exclusive of Mortgage Loans in bankruptcy or foreclosure or properties acquired by the Trust by deed in lieu of foreclosure) (1) 30 to 59 days, (2) 60 to 89 days, (3) 90 to 119 days, (4) 120 to 149 days, (5) 150 to 179 days, (6) 180 to 269 days and (7) 270 or more days, (B) in foreclosure, (C) in bankruptcy and (D) properties acquired by the Trust by deed in lieu of foreclosure; (xi) (A) cumulative losses as a percentage of original Pool Balance, (B) cumulative losses as a percentage of current Pool Balance and (C) the twelve-month rolling average of cumulative losses as a percentage of original Pool Balance; (xii) the three-month rolling average of Mortgage Loans that are 60 days or more delinquent; (xiii) the book value of any real estate which is acquired by the Trust through foreclosure or grant of deed in lieu of foreclosure; (xiv) the amount of any draws on the Policy; (xv) whether the related Payment Date will fall during the Managed Amortization Period or the Rapid Amortization Period; (xvi) whether a Rapid Amortization Event has occurred during the related Collection Period; (xvii) the amount, if any, of any Relief Act Shortfalls incurred during the related Collection Period; (xviii) the outstanding principal balance of the three Mortgage Loans removed in with the largest outstanding principal balance; (xix) whether an Event of Servicing Termination or an Insurer Default has occurred; (xx) the amount, if any, of Additional Balances created during the related Collection Period; (xxi) the amount, if any, of the Additional Balance Contributed Amount for such Payment Date, and the amount of interest on such amount; (xxii) whether the Managed Amortization Period has ended and the Rapid Amortization Period has begun; (xxiii) the Specified Overcollateralization Amount; (xxiv) the Overcollateralization Amount, after giving effect to payments on such Payment Date; (xxv) the Sponsor pursuant amount of any servicing advances made by the Servicer during the related Collection Period; (xxvi) the amount, if any, of interest shortfalls relating to Section 2.07prepayments during the related Collection Period; (xxvii) the Class Principal Balance of each class of Residual Certificates; and (xxviii) the amount distributable, if any, to each class of Residual Certificates. The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver (a) to the Indenture Trustee, the Statement to each Class of Securityholders required to be prepared pursuant to Section 8.8 of the Pooling Agreement and (b) to the Trustee, the Sponsor, the Paying Agent, the Insurer, ▇▇▇▇▇▇▇ Mac and each Rating Agency a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the NotesSecurities, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Class A-1 Certificate Rate and the Class A-2 Note Rate; (iv) the amount, if any, of such Class A-1 Interest Payment Amount or Class A-2 Interest Payment Amount that is not payable on account of insufficient Securityholders' Interest Collections; (v) the Accelerated Principal Payments to be distributed pursuant to Section 8.7(d)(viii) of the Pooling Agreement; (vi) the Principal Collections for such Payment Date, separately stating the components thereof; (ivvii) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (vviii) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (viix) the Class A-1 Certificate Principal Balance and the Class A-2 Note Principal Balance and related Pool Factor after giving effect to the distribution on such Payment Date; (x) the aggregate amount of Additional Balances created during the previous Collection Period; (viixi) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viiixii) whether a Rapid Amortization Event has occurred since the prior Determination Date, specifying each such Rapid Amortization Event if one has occurred; (xiii) whether an Event of Servicing Termination has occurred since the prior Determination Date, specifying each such Event of Servicing Termination if one has occurred; (xiv) the amount to be distributed to the Insurer or ▇▇▇▇▇▇▇ Mac pursuant to Section 8.7(d)(ii) and Section 8.7(d)(vii) of the Pooling Agreement, stated separately; (xv) the amount to be distributed to the Reserve Fund pursuant to Section 8.7(d)(x) of the Pooling Agreement; (xvi) Insured Payments, if any, for such Payment Date including any related Deficiency Amount and any related Preference Amount; (xvii) the amount to be distributed to the related Residual Certificateholders pursuant to Section 8.7(d)(xiv) of the Pooling Agreement; (xviii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi8.7(d)(xi) of the IndenturePooling Agreement; (ixxix) the total amount of funds on deposit in the Reserve Fund; (xx) the related Overcollateralization Amount after giving effect to the distribution to be made on such Payment Date; and (xxi) the number and Principal Balances of any Mortgage Loans removed to the Sponsor pursuant to Section 2.07; (xxii) the amount to be drawn under the Demand Note; (xxiii) the Six Month Rolling Pool Delinquency Rate for each Pool; and (xxiv) the cumulative Liquidation Loss Amounts with respect to Pool I as a percentage of both the Initial Pool I Balance and the current Pool Balance with respect to Pool I and the cumulative Liquidation Loss Amounts with respect to Pool II as a percentage of both the Initial Pool II Balance and the current Pool Balance with respect to Pool II. The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the IndenturePooling Agreement, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee Trustee, the Insurer and the Insurer▇▇▇▇▇▇▇ Mac. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment each Determination Date, the Master Servicer shall deliver (a) to the Indenture Trustee, the data necessary to prepare the statement for Noteholders required to be prepared pursuant to Section 4.04 and (b) to the Indenture Trustee, the Owner Trustee, the Sponsor, the Depositor, the Paying Agent, the Credit Enhancer, and each Rating Agency a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Master Servicer), together with an Officer's ’s Certificate to the effect that such the Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the Notes, the date of this Agreement, and: (i1) the aggregate amount of collections received on the Mortgage Loans on or prior to by the Determination Date in respect of such for the related Collection Period; (ii2) the aggregate amount of (a) Interest Collections for the related Collection Period and (b) Principal Collections for such the related Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv3) any accrued and unpaid Servicing Fees for the Mortgage Loans for previous Collection Periods and the Servicing Fee for such the related Collection Period; (v4) the Liquidation Loss Amount for the related Pool Collection Period; (5) the aggregate Asset Balance for each Pool of the Mortgage Loans as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi6) the amount to be distributed to the Credit Enhancer pursuant to Section 8.03(a)(iv) and Section 8.03(a)(vi) of the Indenture, stated separately; (7) the Guaranteed Principal Payment Amount for the Notes for the Payment Date; (8) the aggregate amount of Additional Balances created on the Mortgage Loans during the previous Collection Period; (vii9) by Pool and in the aggregate, the number and aggregate Principal Asset Balances of Mortgage Loans (Ax) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 and 90 or more days, 120-149 days, 150-179 days and 180 or more days respectively and (By) that have become REO, in each case as of the end of the preceding Collection Period; ; (C10) as the Weighted Average Gross Loan Rate for the Mortgage Loans; (11) the amount of any optional advances pursuant to which foreclosure proceedings have been commenced, Section 4.03 by the Master Servicer on the Mortgage Loans remaining unpaid at the end of the Collection Period preceding the related Collection Period; (12) the amount of any optional advances pursuant to Section 4.03 by the Master Servicer on the Mortgage Loans made during the related Collection Period and included in the payment on the Payment Date; (D13) in bankruptcy and delinquent the aggregate amount of optional advances pursuant to Section 4.03 by the Master Servicer on the Mortgage Loans that will remain outstanding as of the close of business on the last day of the calendar month preceding such Distribution Payment Date; (viii14) the number and principal balances of any Mortgage Loans transferred to the Transferor pursuant to Section 2.06; (15) with respect to the Collection Account during the Collection Period related to the Payment Date: (A) its balance at the beginning of the Collection Period; (B) deposits of the aggregate Transfer Deposit amount for retransferred Mortgage Loans pursuant to Section 2.06; (C) deposits of the aggregate Purchase Price for delinquent Mortgage Loans purchased by the Sponsor pursuant to Section 3.06; (D) deposits of the aggregate Purchase Price made by the Sponsor in connection with modification of Mortgage Loans pursuant to Section 3.01; (E) deposits by the Master Servicer to account for losses accrued on Eligible Investments; (F) income accrued on Eligible Investments; (G) deposits of the termination purchase price in connection with termination pursuant to Section 8.01; (H) other deposits; (I) withdrawals of investment income on Eligible Investments; (J) withdrawals for the purchase of Additional Balances; (K) transfers to the Payment Account; (L) other withdrawals; and (M) its balance at the end of the Collection Period; (16) with respect to the first and second Payment Dates, deposits by the Master Servicer to account for shortfalls in interest collections resulting from the failure of the Mortgage Loans to be fully indexed pursuant to Section 3.03; (17) with respect to the first Payment Date, deposits by the Master Servicer to account for shortfalls in interest collections resulting from the prefunding mechanism and the longer first Interest Period, pursuant to Section 3.03; (18) with respect to the first Payment Date, the amount of collections on the Mortgage Loans for the period between the initial Cut-off Date and the Closing Date, specifying the interest and principal portions thereof; (19) Liquidation Expenses and indemnification payments paid to the Master Servicer for the related Collection Period; (20) Liquidation Expenses and indemnification payments payable to the Master Servicer on the Payment Date from Available Interest Collections pursuant to Section 8.7(c)(xi8.03(a)(vii) of the Indenture; (ix21) the weighted average remaining term of the Mortgage Loans; and (22) in the Servicing Certificates for the first and second Payment Dates, the number and Principal Balances Cut-off Date Asset Balance of any Mortgage Loans removed for which the Mortgage Loan File was not delivered to the Sponsor pursuant to Section 2.07; Custodian acting on behalf of the Indenture Trustee within 30 days of the Closing Date. The Indenture Trustee and the Owner Trustee shall conclusively rely upon on the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 8.03 of the IndentureIndenture or distributions on the Transferor Certificates, shall have no duty to inquire into such information this information, and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Master Servicer, the Indenture Trustee Trustee, and the InsurerCredit Enhancer. The Master Servicer shall give notice of any such change changes to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi8.7(d)(xi) of the Indenture; (ix) the number and Principal Balances of any Mortgage Loans removed to the Sponsor pursuant to Section 2.07; The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the each Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate certificate (the "SERVICING CERTIFICATE") in written form or in the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, the Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections Remittance Amount and (b) Principal Collections Remittance Amount for such Collection Period; (iii) the Principal Collections Remittance Amount for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Payment Date; (viiiA) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) cumulative losses as a percentage of the Indenturesum of the aggregate principal balance of the Initial Mortgage Loans and the Original Pre-Funded Amount, and (B) cumulative losses as a percentage of current Pool Balance; (ix) the book value of any real estate which is acquired by the Trust through foreclosure or grant of deed in lieu of foreclosure; (x) the amount of any servicing advances made by the Servicer during the related Collection Period; (xi) reserved; (xii) the amount, if any, of any Relief Act Interest Shortfalls incurred during the related Collection Period; (xiii) the number and Principal Balances of any Mortgage Loans removed to purchased by the Sponsor Originator from the Trust pursuant to Section 2.073.04; and (xiv) any other information that the Indenture Trustee may require to perform its duties under the Operative Documents. In addition, on the Servicing Certificates delivered in April, May and June of 2005, the Servicer shall also indicate (i) the amount on deposit in the Pre-Funding Account as of such Payment Date and (ii) the aggregate of the Principal Balances of any Subsequent Mortgage Loans purchased during the related Collection Period. The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Article V hereof and in preparing the statements required by Section 8.7 of the Indenture5.09, shall have no duty to recompute, recalculate, verify or inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, Servicer and the Indenture Trustee and the InsurerTrustee. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's ’s Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the book value of any real estate which is acquired by the Trust through foreclosure or grant of deed in lieu of foreclosure; (ix) the amount of any servicing advances made by the Servicer during the related Collection Period; (x) the amount, if any, of interest shortfalls relating to prepayments during the related Collection Period; (xi) the amount, if any, of any Relief Act Shortfalls incurred during the related Collection Period; (xii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi8.7(b)(x) of the Indenture;; and (ixxiii) the number and Principal Balances of any Mortgage Loans removed to the Sponsor pursuant to Section 2.07; The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture and in preparing the statements required by Section 8.8 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the NotesSecurities, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi8.7(d)(xi) of the IndenturePooling Agreement; (ix) the number and Principal Balances of any Mortgage Loans removed to the Sponsor pursuant to Section 2.07; The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the IndenturePooling Agreement, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee Trustee, the Insurer and the Insurer▇▇▇▇▇▇▇ Mac. The Servicer shall give notice of any such change to the Rating Agencies.

Servicing Certificate. Not later than seven (7) Business Days prior to the Payment Date, the Servicer shall deliver to the Indenture Trustee, a Servicing Certificate (in written form or the form of computer readable media or such other form as may be agreed to by the Indenture Trustee and the Servicer), together with an Officer's Certificate to the effect that such Servicing Certificate is true and correct in all material respects, stating the related Collection Period, Payment Date, the series number of the Notes, the date of this Agreement, and: (i) the aggregate amount of collections received on the Mortgage Loans on or prior to the Determination Date in respect of such Collection Period; (ii) the aggregate amount of (a) Interest Collections and (b) Principal Collections for such Collection Period; (iii) the Principal Collections for such Payment Date, separately stating the components thereof; (iv) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (v) the related Pool Balance for each Pool as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (vi) the aggregate amount of Additional Balances created during the previous Collection Period; (vii) by Pool and in the aggregate, the number and aggregate Principal Balances of Mortgage Loans (A) as to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 or more days respectively and (B) that have become REO, in each case as of the end of the preceding Collection Period; (C) as to which foreclosure proceedings have been commenced, and (D) in bankruptcy and delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date; (viii) the amount to be paid to the Servicer pursuant to Section 8.7(c)(xi) of the Indenture; (ix) the number and Principal Balances of any Mortgage Loans removed to the Sponsor pursuant to Section 2.07; In addition, on the Servicing Certificates delivered in December 2001, January 2002 and February 2002, the Servicer shall also indicate (i) the amount on deposit in the Pre-Funding Account as of such Payment Date and (ii) the aggregate of the Principal Balances of any Subsequent Mortgage Loans purchased during the related Collection Period. The Indenture Trustee shall conclusively rely upon the information contained in a Servicing Certificate for purposes of making distributions pursuant to Section 8.7 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Servicing Certificate may be modified by the mutual agreement of the Servicer, the Indenture Trustee and the Insurer. The Servicer shall give notice of any such change to the Rating Agencies.