Common use of CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER Clause in Contracts

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01. Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 Section 12.02. Claims Upon the Policy; Policy Payments Account..................................................150 Section 12.03. Effect of Payments by the Certificate Insurer; Subrogation.......................................151 Section 12.04. Notices to the Certificate Insurer...............................................................152 Section 12.05. Third-Party Beneficiary..........................................................................152 Section 12.06. Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 SCHEDULE I-A SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT B FORM OF X-IO CERTIFICATE EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX HOME EQUITY LOAN TRUST 1999-3, dated as of August 1, 1999 by and among CHEC ASSET RECEIVABLE CORPORATION, a Nevada corporation, in its capacity as the depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, a Nevada corporation in its capacities as the seller (in such capacity, the "Seller") and as the servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, a national banking association, in its capacity as the trustee (the "Trustee").

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. 129 Section 12.01. 12.01 Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 ...........129 Section 12.02. 12.02 Claims Upon the Policy; Policy Payments Account..................................................150 .................................129 Section 12.03. 12.03 Effect of Payments by the Certificate Insurer; Subrogation.......................................151 ......................130 Section 12.04. 12.04 Notices to the Certificate Insurer...............................................................152 ..............................................131 Section 12.05. 12.05 Third-Party Beneficiary..........................................................................152 .........................................................131 Section 12.06. 12.06 Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 ..................131 SCHEDULE I-A I SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS EXHIBIT A-1 A FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 A CERTIFICATE EXHIBIT B FORM OF X-IO CLASS A-9IO CERTIFICATE EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF REGARDING TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX IMC HOME EQUITY LOAN TRUST 19991998-3, dated as of August June 1, 1999 1998 by and among CHEC ASSET RECEIVABLE CORPORATIONIMC SECURITIES, INC., a Nevada Delaware corporation, in its capacity as the depositor Depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATIONIMC MORTGAGE COMPANY, a Nevada Florida corporation in its capacities as the seller Seller (in such capacity, the "Seller") and as the servicer Servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATIONTHE CHASE MANHATTAN BANK, a national New York banking associationcorporation, in its capacity as the trustee (the "Trustee").

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01. 98 SECTION 13.01 Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 Section 12.02. ..........................98 SECTION 13.02 Claims Upon the Policy; , Policy Payments Account..................................................150 Section 12.03. ................................................98 SECTION 13.03 Effect of Payments by the Certificate Insurer; Subrogation.......................................151 Section 12.04. ....................................100 SECTION 13.04 Notices to the Certificate Insurer...............................................................152 Section 12.05. Third-Party Beneficiary..........................................................................152 Section 12.06. ............................................................100 SECTION 13.05 Reserved......................................................................................100 SECTION 13.06 Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 SCHEDULE I-A SCHEDULE ................................100 SECTION 13.06 Trustee to Hold the Certificate Insurance Policies............................................101 SECTION 13.06 Trustee To Act Solely with Consent of the Certificate Insurer.................................101 (viii) TABLE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS CONTENTS EXHIBITS EXHIBIT A-1 FORM OF CLASS A-1 A CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 R CERTIFICATE EXHIBIT A-3 B-1 FORM OF CLASS A-3 CERTIFICATE TRUSTEE'S INITIAL CERTIFICATION EXHIBIT B B-2 FORM OF X-IO CERTIFICATE TRUSTEE FINAL CERTIFICATION EXHIBIT C FORM OF CLASS R CERTIFICATE ASSIGNMENT AND ASSUMPTION AGREEMENT EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT D-1 REQUEST FOR RELEASE (for Trustee/Custodian) EXHIBIT D-2 REQUEST FOR RELEASE (Mortgage Loans Paid in Full) EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE TRANSFER AFFIDAVIT AND AGREEMENT EXHIBIT F-1 F FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT RULE 144A LETTER EXHIBIT G FORM OF POOL CERTIFICATION REMITTANCE REPORT EXHIBIT H FORM OF DELIVERY ORDER LIQUIDATION REPORT EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX HOME EQUITY SUCCESSOR SERVICER SELECTION AGREEMENT SCHEDULES SCHEDULE 1 MORTGAGE LOAN TRUST 1999-3, dated as of August 1, 1999 by and among CHEC ASSET RECEIVABLE CORPORATION, a Nevada corporation, in its capacity as the depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, a Nevada corporation in its capacities as the seller (in such capacity, the "Seller") and as the servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, a national banking association, in its capacity as the trustee (the "Trustee").SCHEDULE

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01. Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 ......................................144 Section 12.02. Claims Upon the Policy; Policy Payments Account..................................................150 ..............145 Section 12.03. Effect of Payments by the Certificate Insurer; Subrogation.......................................151 ...146 Section 12.04. Notices to the Certificate Insurer...............................................................152 ...........................147 Section 12.05. Third-Party Beneficiary..........................................................................152 ......................................147 Section 12.06. Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 .........................................147 Section 12.07. Trustee to Hold the Certificate Insurance Policy.............147 Section 12.08. Trustee to Act Solely with Consent of the Certificate Insurer..................................................147 SCHEDULE I-A SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT A-4 FORM OF CLASS A-4 CERTIFICATE EXHIBIT A-5 FORM OF CLASS A-5 CERTIFICATE EXHIBIT A-6 FORM OF CLASS A-6 CERTIFICATE EXHIBIT A-7 FORM OF CLASS A-7 CERTIFICATE EXHIBIT A-8 FORM OF CLASS A-8 CERTIFICATE EXHIBIT B FORM OF X-IO CERTIFICATE EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT [RESERVED] EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 F FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX HOME EQUITY LOAN TRUST 1999-32, dated as of August May 1, 1999 by and among CHEC ASSET RECEIVABLE CORPORATION, a Nevada corporation, in its capacity as the depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, a Nevada corporation in its capacities as the seller (in such capacity, the "Seller") and as the servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, a national banking association, in its capacity as the trustee (the "Trustee").

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. 127 Section 12.01. 12.01 Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 ................................. 127 Section 12.02. 12.02 Claims Upon the Policy; Policy Payments Account..................................................150 ..... 127 Section 12.03. 12.03 Effect of Payments by the Certificate Insurer; Subrogation.......................................151 ......................................... 128 Section 12.04. 12.04 Notices to the Certificate Insurer...............................................................152 .................. 129 Section 12.05. 12.05 Third-Party Beneficiary..........................................................................152 ............................. 129 Section 12.06. 12.06 Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 .................................... 129 SCHEDULE I-A SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT B A-4 FORM OF X-IO CLASS A-4 CERTIFICATE EXHIBIT A-5 FORM OF CLASS A-5 CERTIFICATE EXHIBIT A-6 FORM OF CLASS A-6 CERTIFICATE EXHIBIT A-7 FORM OF CLASS A-7 CERTIFICATE EXHIBIT A-8 FORM OF CLASS A-8 CERTIFICATE EXHIBIT B RESERVED EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF REGARDING TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX IMC HOME EQUITY LOAN TRUST 19991997-31, dated as of August January 1, 1999 1997 by and among CHEC ASSET RECEIVABLE CORPORATIONIMC SECURITIES, INC., a Nevada Delaware corporation, in its capacity as the depositor Depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATIONINDUSTRY MORTGAGE COMPANY, L.P., a Nevada corporation Delaware limited partnership in its capacities as the seller Seller (in such capacity, the "Seller") and as the servicer Servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATIONTHE CHASE MANHATTAN BANK, a national New York banking associationcorporation, in its capacity as the trustee (the "Trustee").

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01. Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 .....................138 Section 12.02. Claims Upon the Policy; Policy Payments Account..................................................150 ...........................................138 Section 12.03. Effect of Payments by the Certificate Insurer; Subrogation.......................................151 ................................139 Section 12.04. Notices to the Certificate Insurer...............................................................152 ........................................................140 Section 12.05. Third-Party Beneficiary..........................................................................152 ...................................................................140 Section 12.06. Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 ............................140 SCHEDULE I-A SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS SCHEDULE I-E INVESTMENT INSTRUCTIONS TO TRUSTEE EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT A-4 FORM OF CLASS A-4 CERTIFICATES EXHIBIT A-5 FORM OF CLASS A-5 CERTIFICATES EXHIBIT A-6 FORM OF CLASS A-6 CERTIFICATES EXHIBIT A-7 FORM OF CLASS A-7 CERTIFICATES EXHIBIT B FORM OF X-IO CERTIFICATE EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 E-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 E-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G F FORM OF POOL CERTIFICATION EXHIBIT H G FORM OF DELIVERY ORDER EXHIBIT I H FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 I-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 I-2 FORM OF CERTIFICATE OF TRANSFER (RULE 144A) EXHIBIT K J HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT K DEFINITION OF GROUP II TARGET OVERCOLLATERALIZATION AMOUNT EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED I TARGET OVERCOLLATERALIZATION AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX HOME EQUITY LOAN TRUST 1999-32000-__, dated as of August ____________1, 1999 2000 by and among CHEC ASSET RECEIVABLE CORPORATIONFunding, LLC, a Nevada corporationDelaware limited liability company, in its capacity as the depositor (the "Depositor"), __________, as Seller CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, a Nevada corporation ("CHEC") in its capacities as the seller (in such capacity, the "Seller") and as the servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA), NATIONAL ASSOCIATIONand, a national an ____________ banking associationcorporation, in its capacity as the trustee (the "Trustee").

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section SECTION 12.01. Exercise of Rights of Holder of the Insured Certificates..................................166 SECTION 12.02. Trustee to Act Solely with Consent of Certificate Insurer.................................166 SECTION 12.03. Trust Estate Fund and Accounts Held for Benefit of the Certificate Insurer............................150 Section 12.02...........................166 SECTION 12.04. Claims Upon the Policy; Policy Payments Account..................................................150 Section 12.03...........................................167 SECTION 12.05. Effect of Payments by the Certificate Insurer; Subrogation.......................................151 Section 12.04....................................169 SECTION 12.06. Notices to the Certificate Insurer...............................................................152 Section 12.05............................................................169 SECTION 12.07. Third-Third Party Beneficiary..........................................................................152 ...................................................................169 SECTION 12.08. Trustee to Hold the Policy................................................................169 SECTION 12.09. Termination of Certain of Certificate Insurer's Rights....................................170 EXHIBITS Exhibit A-1 Form of Class A-1 Certificate Exhibit A-2 Form of Class A-2 Certificate Exhibit A-3 Form of Class A-3 Certificate Exhibit A-4 Form of Class A-4 Certificate Exhibit A-5 Form of Class M-1 Certificate Exhibit A-6 Form of Class M-2 Certificate Exhibit A-7 Form of Class M-3 Certificate Exhibit A-8 Form of Class M-4 Certificate Exhibit A-9 Form of Class M-5 Certificate Exhibit A-10 Form of Class M-6 Certificate Exhibit A-11 Form of Class M-7 Certificate Exhibit A-12 Form of Class M-8 Certificate Exhibit A-13 Form of Class M-9 Certificate Exhibit A-14 Form of Class CE Certificate Exhibit A-15 Form of Class P Certificate Exhibit A-16 Form of Class R Certificate Exhibit B Form of Lost Note Affidavit Exhibit C-1 Form of Trustee's Initial Certification Exhibit C-2 Form of Trustee's Final Certification Exhibit C-3 Form of Trustee's Receipt of Mortgage Note Exhibit D Form of Mortgage Loan Purchase Agreement Exhibit E Request for Release Exhibit F-1 Form of Transferor Representation Letter and Form of Transferee Representation Letter in Connection with Transfer of Class CE and Class P Certificates Pursuant to Rule 144A Under the 1933 Act Exhibit F-2 Form of Transfer Affidavit and Agreement and Form of Transferor Affidavit in Connection with Transfer of Residual Certificates Exhibit G Form of Certification with respect to ERISA and the Code Exhibit H Form of Cap Contracts Exhibit I Loss Mitigation Action Plan Exhibit J-1 Form of Certification to Be Provided by the Depositor with Form 10-K Exhibit J-2 Form of Certification to Be Provided to Depositor by the Trustee Exhibit K Annual Statement of Compliance pursuant to Section 12.06. Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 SCHEDULE I-A SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT B FORM OF X-IO CERTIFICATE EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT3.19 Schedule 1 Mortgage Loan Schedule Schedule 2 Prepayment Charge Schedule This Pooling and Servicing Agreement, relating to CENTEX HOME EQUITY LOAN TRUST 1999-3, is dated and effective as of August September 1, 1999 by 2004, among AMERIQUEST MORTGAGE SECURITIES INC., as Depositor, AMERIQUEST MORTGAGE COMPANY, as Master Servicer and among CHEC ASSET RECEIVABLE CORPORATIONDEUTSCHE BANK NATIONAL TRUST COMPANY, a Nevada corporation, in its capacity as the depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, a Nevada corporation in its capacities as the seller (in such capacity, the "Seller") and as the servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, a national banking association, in its capacity as the trustee (the "Trustee").

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01. 12.01 Trust Estate and Accounts Held for Benefit of the Certificate Insurer............................150 .......123 Section 12.02. 12.02 Claims Upon the Policy; Policy Payments Account..................................................150 .............................123 Section 12.03. 12.03 Effect of Payments by the Certificate Insurer; Subrogation.......................................151 ..................124 Section 12.04. 12.04 Notices to the Certificate Insurer...............................................................152 ..........................................124 Section 12.05. 12.05 Third-Party Beneficiary..........................................................................152 .....................................................125 Section 12.06. 12.06 Rights to the Certificate Insurer To Exercise Rights of Owners...................................152 ..............125 SCHEDULE I-A SCHEDULE OF THE GROUP I HOME EQUITY LOANS SCHEDULE I-B SCHEDULE OF THE GROUP II HOME EQUITY LOANS EXHIBIT A-1 FORM OF CLASS A-1 CERTIFICATE EXHIBIT A-2 FORM OF CLASS A-2 CERTIFICATE EXHIBIT A-3 FORM OF CLASS A-3 CERTIFICATE EXHIBIT B A-4 FORM OF X-IO CLASS A-4 CERTIFICATE EXHIBIT A-5 FORM OF CLASS A-5 CERTIFICATE EXHIBIT A-6 FORM OF CLASS A-6 CERTIFICATE EXHIBIT A-7 FORM OF CLASS A-7 CERTIFICATE EXHIBIT A-8 FORM OF CLASS A-8 CERTIFICATE EXHIBIT B RESERVED EXHIBIT C FORM OF CLASS R CERTIFICATE EXHIBIT D FORM OF SUBSEQUENT TRANSFER AGREEMENT EXHIBIT E FORM OF CERTIFICATE RE: HOME EQUITY LOANS PREPAID IN FULL AFTER CUT-OFF DATE EXHIBIT F-1 FORM OF TRUSTEE'S RECEIPT EXHIBIT F-2 FORM OF CUSTODIAN'S RECEIPT EXHIBIT G FORM OF POOL CERTIFICATION EXHIBIT H FORM OF DELIVERY ORDER EXHIBIT I FORM OF CLASS R TAX MATTERS TRANSFER CERTIFICATE EXHIBIT J-1 FORM OF CERTIFICATE REGARDING TRANSFER (ACCREDITED INVESTOR) EXHIBIT J-2 FORM OF CERTIFICATE OF REGARDING TRANSFER (RULE 144A) EXHIBIT K HOME EQUITY LOANS WITH DOCUMENT EXCEPTIONS EXHIBIT L DEFINITION OF GROUP II SPECIFIED SUBORDINATED AMOUNT EXHIBIT M DEFINITION OF GROUP I SPECIFIED SUBORDINATED AMOUNT EXHIBIT N FORM OF LETTER REGARDING REPORTING OBLIGATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934 POOLING AND SERVICING AGREEMENT, relating to CENTEX IMC HOME EQUITY LOAN TRUST 19991997-32, dated as of August March 1, 1999 1997 by and among CHEC ASSET RECEIVABLE CORPORATIONIMC SECURITIES, INC., a Nevada Delaware corporation, in its capacity as the depositor Depositor (the "Depositor"), CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATIONINDUSTRY MORTGAGE COMPANY, L.P., a Nevada corporation Delaware limited partnership in its capacities as the seller Seller (in such capacity, the "Seller") and as the servicer Servicer (in such capacity, the "Servicer") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATIONTHE CHASE MANHATTAN BANK, a national New York banking associationcorporation, in its capacity as the trustee (the "Trustee").