Common use of Depositor to Maintain Perfection and Priority Clause in Contracts

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's ’s security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's ’s security interest in the Mortgage Loans as a first-priority interest (each a "“Filing"”). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's ’s signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 STANDARD FILE LAYOUT DATA ELEMENTS Column Name DESCRIPTION Decimal Comment Max Size LOAN_NBR A unique identifier assigned to each loan by the originator. Text up to 10 digits 10 SER_INVESTOR_NBR A value assigned by the Servicer to define a group of loans. Text up to 10 digits 20 SERVICER_LOAN_NBR A unique number assigned to a loan by the Servicer. This may be different than the LOAN_NBR. Text up to 10 digits 10 BORR_NEXT _PAY_DUE_DATE The date at the end of processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. MM/DD/YYYY 10 NOTE_INT_RATE The loan interest rate as reported by the Servicer. 4 Max length of 6 6 ACTL_END _PRIN_BAL The Borrower's actual principal balance at the end of the processing cycle. 2 No commas(,) or dollar signs ($) 11 SCHED_END_PRIN_BAL The scheduled principal balance due to the investors at the end of a processing cycle. 2 No commas(,) or dollar signs ($) 11 ACTL_BEG _PRIN_BAL The Borrower's actual principal balance at the beginning of the processing cycle. 2 No commas(,) or dollar signs ($) 11 SCHED_BEG_PRIN_BAL The scheduled outstanding principal amount due at the beginning of the cycle date to be passed through to the investors. 2 No commas(,) or dollar signs ($) 11 SCHED_PAY_AMT The scheduled monthly principal and scheduled interest payment that a Borrower is expected to pay; P&I constant. 2 No commas(,) or dollar signs ($) 11 SCHED_PRIN_ AMT The scheduled principal amount as reported by the Servicer for the current cycle. 2 No commas(,) or dollar signs ($) 11 SERV_CURT _AMT_1 The first curtailment amount to be applied. 2 No commas(,) or dollar signs ($) 11 SERV_CURT _AMT_2 The second curtailment amount to be applied. 2 No commas(,) or dollar signs ($) 11 SERV_CURT _AMT_3 The third curtailment amount to be applied. 2 No commas(,) or dollar signs ($) 11 ACTION_CODE The standard FNMA numeric code used to indicate the default/delinquent status of a particular loan. Action Code Key: 15=Bankruptcy, 00=Xxxxxxxxxxx, 00=XXX, 00=XXX, 63= Substitution, 65=Repurchase; 2 PIF_AMT The loan "paid in full" amount as reported by the Servicer. 2 No commas(,) or dollar signs ($) 11 PIF_DATE The paid in full date as reported by the Servicer. MM/DD/YYYY 10 SCHED_GROSS_INTEREST_AMT The amount of interest due on the outstanding scheduled principal balance in the current cycle. 2 No commas(,) or dollar signs ($) 11 LOAN_FEE_AMT The monthly loan fee amount expressed in dollars and cents. 2 No commas(,) or dollar signs ($) 11 SERV_FEE_RATE The Servicer's fee rate for a loan as reported by the Servicer. 4 Max length of 6 6 CR_LOSS_AMT The amount of loss that is classified as a credit. 2 No commas(,) or dollar signs ($) 11 FRAUD_LOSS_AMT The amount of loss that is attributable to a fraud claim. 2 No commas(,) or dollar signs ($) 11 BANKRUPTCY_LOSS_AMT The amount of loss due to bankruptcy. 2 No commas(,) or dollar signs ($) 11 SPH_LOSS_AMT The amount of loss that is classified as a special hazard. 2 No commas(,) or dollar signs ($) 11 PREPAY_PENALTY_ AMT The penalty amount received when a Borrower prepays on his loan as reported by the Servicer. 2 No commas(,) or dollar signs ($) 11 PREPAY_PENALTY_ WAIVED The prepayment penalty amount for the loan waived by the Servicer. 2 No commas(,) or dollar signs ($) 11 MOD_DATE The effective payment date of the modification for the loan. MM/DD/YYYY 10 MOD_TYPE The modification type. Varchar - value can be alpha or numeric 30 DELINQ_P&I_ADVANCE_AMT The current outstanding principal and interest advances made by the Servicer. 2 No commas(,) or dollar signs ($) 11

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 STANDARD FILE LAYOUT DATA ELEMENTS --------------------------------------------------------------------------------------------------------------- COLUMN NAME DESCRIPTION DECIMAL COMMENT MAX SIZE --------------------------------------------------------------------------------------------------------------- LOAN_NBR A unique identifier Text up to 10 digits 10 assigned to each loan by the originator. --------------------------------------------------------------------------------------------------------------- SER_INVESTOR_NBR A value assigned by the Text up to 10 digits 20 Servicer to define a group of loans. --------------------------------------------------------------------------------------------------------------- SERVICER_LOAN_NBR A unique number assigned Text up to 10 digits 10 to a loan by the Servicer. This may be different than the LOAN_NBR. --------------------------------------------------------------------------------------------------------------- BORR_NEXT _PAY_DUE_DATE The date at the end of MM/DD/YYYY 10 processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. --------------------------------------------------------------------------------------------------------------- NOTE_INT_RATE The loan interest rate as 4 Max length of 6 6 reported by the Servicer. --------------------------------------------------------------------------------------------------------------- ACTL_END _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) end of the processing cycle. --------------------------------------------------------------------------------------------------------------- SCHED_END_PRIN_BAL The scheduled principal 2 No commas(,) or dollar 11 balance due to the signs ($) investors at the end of a processing cycle. --------------------------------------------------------------------------------------------------------------- ACTL_BEG _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) beginning of the processing cycle. --------------------------------------------------------------------------------------------------------------- SCHED_BEG_PRIN_BAL The scheduled outstanding 2 No commas(,) or dollar 11 principal amount due at signs ($) the beginning of the cycle date to be passed through to the investors. --------------------------------------------------------------------------------------------------------------- SCHED_PAY_AMT The scheduled monthly 2 No commas(,) or dollar 11 principal and scheduled signs ($) interest payment that a Borrower is expected to pay; P&I constant. --------------------------------------------------------------------------------------------------------------- SCHED_PRIN_ AMT The scheduled principal 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer for the current cycle. --------------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_1 The first curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) --------------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_2 The second curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) --------------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_3 The third curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) --------------------------------------------------------------------------------------------------------------- ACTION_CODE The standard FNMA numeric Action Code Key: 2 code used to indicate the 15=Bankruptcy, default/delinquent status 30=Foreclosure, of a particular loan. 70=REO, 60=PIF, 63= Substitution, 65=Repurchase; --------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------- PIF_AMT The loan "paid in full" 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer. --------------------------------------------------------------------------------------------------------------- PIF_DATE The paid in full date as MM/DD/YYYY 10 reported by the Servicer. --------------------------------------------------------------------------------------------------------------- SCHED_GROSS_INTEREST_AMT The amount of interest 2 No commas(,) or dollar 11 due on the outstanding signs ($) scheduled principal balance in the current cycle. --------------------------------------------------------------------------------------------------------------- LOAN_FEE_AMT The monthly loan fee 2 No commas(,) or dollar 11 amount expressed in signs ($) dollars and cents. --------------------------------------------------------------------------------------------------------------- Schedule 4-1 --------------------------------------------------------------------------------------------------------------- SERV_FEE_RATE The Servicer's fee rate 4 Max length of 6 6 for a loan as reported by the Servicer. --------------------------------------------------------------------------------------------------------------- CR_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a credit. signs ($) --------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------- FRAUD_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is attributable to a signs ($) fraud claim. --------------------------------------------------------------------------------------------------------------- BANKRUPTCY_LOSS_AMT The amount of loss due to 2 No commas(,) or dollar 11 bankruptcy. signs ($) --------------------------------------------------------------------------------------------------------------- SPH_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a signs ($) special hazard. --------------------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ AMT The penalty amount 2 No commas(,) or dollar 11 received when a Borrower signs ($) prepays on his loan as reported by the Servicer. --------------------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ WAIVED The prepayment penalty 2 No commas(,) or dollar 11 amount for the loan signs ($) waived by the Servicer. --------------------------------------------------------------------------------------------------------------- MOD_DATE The effective payment MM/DD/YYYY 10 date of the modification for the loan. --------------------------------------------------------------------------------------------------------------- MOD_TYPE The modification type. Varchar - value can be 30 alpha or numeric --------------------------------------------------------------------------------------------------------------- DELINQ_P&I_ADVANCE_AMT The current outstanding 2 No commas(,) or dollar 11 principal and interest signs ($) advances made by the Servicer. ---------------------------------------------------------------------------------------------------------------

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's ’s security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's ’s security interest in the Mortgage Loans as a first-priority interest (each a "“Filing"”). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's ’s signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 [Reserved]

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's ’s security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's ’s security interest in the Mortgage Loans as a first-priority interest (each a "“Filing"”). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's ’s signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. SCHEDULE 4 STANDARD FILE LAYOUT DATA ELEMENTS Column Name DESCRIPTION Decimal Comment Max Size LOAN_NBR A unique identifier assigned to each loan by the originator. Text up to 10 digits 10 SER_INVESTOR_NBR A value assigned by the Servicer to define a group of loans. Text up to 10 digits 20 SERVICER_LOAN_NBR A unique number assigned to a loan by the Servicer. This may be different than the LOAN_NBR. Text up to 10 digits 10 BORR_NEXT _PAY_DUE_DATE The date at the end of processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. MM/DD/YYYY 10 NOTE_INT_RATE The loan interest rate as reported by the Servicer. 4 Max length of 6 6 ACTL_END _PRIN_BAL The Borrower's actual principal balance at the end of the processing cycle. 2 No commas(,) or dollar signs ($) 11 SCHED_END_PRIN_BAL The scheduled principal balance due to the investors at the end of a processing cycle. 2 No commas(,) or dollar signs ($) 11 ACTL_BEG _PRIN_BAL The Borrower's actual principal balance at the beginning of the processing cycle. 2 No commas(,) or dollar signs ($) 11 SCHED_BEG_PRIN_BAL The scheduled outstanding principal amount due at the beginning of the cycle date to be passed through to the investors. 2 No commas(,) or dollar signs ($) 11 SCHED_PAY_AMT The scheduled monthly principal and scheduled interest payment that a Borrower is expected to pay; P&I constant. 2 No commas(,) or dollar signs ($) 11 SCHED_PRIN_ AMT The scheduled principal amount as reported by the Servicer for the current cycle. 2 No commas(,) or dollar signs ($) 11 SERV_CURT _AMT_1 The first curtailment amount to be applied. 2 No commas(,) or dollar signs ($) 11 SERV_CURT _AMT_2 The second curtailment amount to be applied. 2 No commas(,) or dollar signs ($) 11 SERV_CURT _AMT_3 The third curtailment amount to be applied. 2 No commas(,) or dollar signs ($) 11 ACTION_CODE The standard FNMA numeric code used to indicate the default/delinquent status of a particular loan. Action Code Key: 15=Bankruptcy, 00=Xxxxxxxxxxx, 00=XXX, 00=XXX, 63= Substitution, 65=Repurchase; 2 PIF_AMT The loan “paid in full” amount as reported by the Servicer. 2 No commas(,) or dollar signs ($) 11 PIF_DATE The paid in full date as reported by the Servicer. MM/DD/YYYY 10 SCHED_GROSS_INTEREST_AMT The amount of interest due on the outstanding scheduled principal balance in the current cycle. 2 No commas(,) or dollar signs ($) 11 LOAN_FEE_AMT The monthly loan fee amount expressed in dollars and cents. 2 No commas(,) or dollar signs ($) 11 SERV_FEE_RATE The Servicer's fee rate for a loan as reported by the Servicer. 4 Max length of 6 6 CR_LOSS_AMT The amount of loss that is classified as a credit. 2 No commas(,) or dollar signs ($) 11 FRAUD_LOSS_AMT The amount of loss that is attributable to a fraud claim. 2 No commas(,) or dollar signs ($) 11 BANKRUPTCY_LOSS_AMT The amount of loss due to bankruptcy. 2 No commas(,) or dollar signs ($) 11 SPH_LOSS_AMT The amount of loss that is classified as a special hazard. 2 No commas(,) or dollar signs ($) 11 PREPAY_PENALTY_ AMT The penalty amount received when a Borrower prepays on his loan as reported by the Servicer. 2 No commas(,) or dollar signs ($) 11 PREPAY_PENALTY_ WAIVED The prepayment penalty amount for the loan waived by the Servicer. 2 No commas(,) or dollar signs ($) 11 MOD_DATE The effective payment date of the modification for the loan. MM/DD/YYYY 10 MOD_TYPE The modification type. Varchar - value can be alpha or numeric 30 DELINQ_P&I_ADVANCE_AMT The current outstanding principal and interest advances made by the Servicer. 2 No commas(,) or dollar signs ($) 11

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 STANDARD FILE LAYOUT DATA ELEMENTS --------------------------------------------------------------------------------------------------------------- COLUMN NAME DESCRIPTION DECIMAL COMMENT MAX SIZE --------------------------------------------------------------------------------------------------------------- LOAN_NBR A unique identifier Text up to 10 digits 10 assigned to each loan by the originator. --------------------------------------------------------------------------------------------------------------- SER_INVESTOR_NBR A value assigned by the Text up to 10 digits 20 Servicer to define a group of loans. --------------------------------------------------------------------------------------------------------------- SERVICER_LOAN_NBR A unique number assigned Text up to 10 digits 10 to a loan by the Servicer. This may be different than the LOAN_NBR. --------------------------------------------------------------------------------------------------------------- BORR_NEXT _PAY_DUE_DATE The date at the end of MM/DD/YYYY 10 processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. --------------------------------------------------------------------------------------------------------------- NOTE_INT_RATE The loan interest rate as 4 Max length of 6 6 reported by the Servicer. --------------------------------------------------------------------------------------------------------------- ACTL_END _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) end of the processing cycle. --------------------------------------------------------------------------------------------------------------- SCHED_END_PRIN_BAL The scheduled principal 2 No commas(,) or dollar 11 balance due to the signs ($) investors at the end of a processing cycle. --------------------------------------------------------------------------------------------------------------- ACTL_BEG _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) beginning of the processing cycle. --------------------------------------------------------------------------------------------------------------- SCHED_BEG_PRIN_BAL The scheduled outstanding 2 No commas(,) or dollar 11 principal amount due at signs ($) the beginning of the cycle date to be passed through to the investors. --------------------------------------------------------------------------------------------------------------- SCHED_PAY_AMT The scheduled monthly 2 No commas(,) or dollar 11 principal and scheduled signs ($) interest payment that a Borrower is expected to pay; P&I constant. --------------------------------------------------------------------------------------------------------------- SCHED_PRIN_ AMT The scheduled principal 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer for the current cycle. --------------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_1 The first curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) --------------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_2 The second curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) --------------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_3 The third curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) --------------------------------------------------------------------------------------------------------------- ACTION_CODE The standard FNMA numeric Action Code Key: 2 code used to indicate the 15=Bankruptcy, default/delinquent status 30=Foreclosure, of a particular loan. 70=REO, 60=PIF, 63= Substitution, 65=Repurchase; --------------------------------------------------------------------------------------------------------------- PIF_AMT The loan "paid in full" 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer. --------------------------------------------------------------------------------------------------------------- PIF_DATE The paid in full date as MM/DD/YYYY 10 reported by the Servicer. --------------------------------------------------------------------------------------------------------------- SCHED_GROSS_INTEREST_AMT The amount of interest 2 No commas(,) or dollar 11 due on the outstanding signs ($) scheduled principal balance in the current cycle. --------------------------------------------------------------------------------------------------------------- LOAN_FEE_AMT The monthly loan fee 2 No commas(,) or dollar 11 amount expressed in signs ($) dollars and cents. --------------------------------------------------------------------------------------------------------------- Schedule 4-1 --------------------------------------------------------------------------------------------------------------- SERV_FEE_RATE The Servicer's fee rate 4 Max length of 6 6 for a loan as reported by the Servicer. --------------------------------------------------------------------------------------------------------------- CR_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a credit. signs ($) --------------------------------------------------------------------------------------------------------------- FRAUD_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is attributable to a signs ($) fraud claim. --------------------------------------------------------------------------------------------------------------- BANKRUPTCY_LOSS_AMT The amount of loss due to 2 No commas(,) or dollar 11 bankruptcy. signs ($) --------------------------------------------------------------------------------------------------------------- SPH_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a signs ($) special hazard. --------------------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ AMT The penalty amount 2 No commas(,) or dollar 11 received when a Borrower signs ($) prepays on his loan as reported by the Servicer. --------------------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ WAIVED The prepayment penalty 2 No commas(,) or dollar 11 amount for the loan signs ($) waived by the Servicer. --------------------------------------------------------------------------------------------------------------- MOD_DATE The effective payment MM/DD/YYYY 10 date of the modification for the loan. --------------------------------------------------------------------------------------------------------------- MOD_TYPE The modification type. Varchar - value can be 30 alpha or numeric --------------------------------------------------------------------------------------------------------------- DELINQ_P&I_ADVANCE_AMT The current outstanding 2 No commas(,) or dollar 11 principal and interest signs ($) advances made by the Servicer. ---------------------------------------------------------------------------------------------------------------

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 STANDARD FILE LAYOUT DATA ELEMENTS ------------------------------------------------------------------------------------------------------- COLUMN NAME DESCRIPTION DECIMAL COMMENT MAX SIZE ------------------------------------------------------------------------------------------------------- LOAN-NBR A unique identifier Text up to 10 digits 10 assigned to each loan by the originator. ------------------------------------------------------------------------------------------------------- SER-INVESTOR-NBR A value assigned by the Text up to 10 digits 20 Servicer to define a group of loans. ------------------------------------------------------------------------------------------------------- SERVICER-LOAN-NBR A unique number assigned Text up to 10 digits 10 to a loan by the Servicer. This may be different than the LOAN-NBR. ------------------------------------------------------------------------------------------------------- XXXX-NEXT -PAY-DUE-DATE The date at the end of MM/DD/YYYY 10 processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. ------------------------------------------------------------------------------------------------------- NOTE-INT-RATE The loan interest rate as 4 Max length of 6 6 reported by the Servicer. ------------------------------------------------------------------------------------------------------- ACTL-END -PRIN-BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) end of the processing cycle. ------------------------------------------------------------------------------------------------------- SCHED-END-PRIN-BAL The scheduled principal 2 No commas(,) or dollar 11 balance due to the signs ($) investors at the end of a processing cycle. ------------------------------------------------------------------------------------------------------- ACTL-BEG -PRIN-BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) beginning of the processing cycle. ------------------------------------------------------------------------------------------------------- SCHED-BEG-PRIN-BAL The scheduled outstanding 2 No commas(,) or dollar 11 principal amount due at signs ($) the beginning of the cycle date to be passed through to the investors. ------------------------------------------------------------------------------------------------------- SCHED-PAY-AMT The scheduled monthly 2 No commas(,) or dollar 11 principal and scheduled signs ($) interest payment that a Borrower is expected to pay; P&I constant. ------------------------------------------------------------------------------------------------------- SCHED-PRIN- AMT The scheduled principal 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer for the current cycle. ------------------------------------------------------------------------------------------------------- SERV-XXXX -AMT-1 The first curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ------------------------------------------------------------------------------------------------------- SERV-XXXX -AMT-2 The second curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ------------------------------------------------------------------------------------------------------- SERV-XXXX -AMT-3 The third curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ------------------------------------------------------------------------------------------------------- ACTION-CODE The standard FNMA numeric Action Code Key: 2 code used to indicate the 15=Bankruptcy, default/delinquent status 30=Foreclosure, of a particular loan. 70=REO, 60=PIF, 63= Substitution, 65=Repurchase; ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- PIF-AMT The loan "paid in full" 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer. ------------------------------------------------------------------------------------------------------- PIF-DATE The paid in full date as MM/DD/YYYY 10 reported by the Servicer. ------------------------------------------------------------------------------------------------------- SCHED-GROSS-INTEREST-AMT The amount of interest 2 No commas(,) or dollar 11 due on the outstanding signs ($) scheduled principal balance in the current cycle. ------------------------------------------------------------------------------------------------------- LOAN-FEE-AMT The monthly loan fee 2 No commas(,) or dollar 11 amount expressed in signs ($) dollars and cents. ------------------------------------------------------------------------------------------------------- Schedule 4-1 ------------------------------------------------------------------------------------------------------- SERV-FEE-RATE The Servicer's fee rate 4 Max length of 6 6 for a loan as reported by the Servicer. ------------------------------------------------------------------------------------------------------- CR-LOSS-AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a credit. signs ($) ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- FRAUD-LOSS-AMT The amount of loss that 2 No commas(,) or dollar 11 is attributable to a signs ($) fraud claim. ------------------------------------------------------------------------------------------------------- BANKRUPTCY-LOSS-AMT The amount of loss due to 2 No commas(,) or dollar 11 bankruptcy. signs ($) ------------------------------------------------------------------------------------------------------- SPH-LOSS-AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a signs ($) special hazard. ------------------------------------------------------------------------------------------------------- PREPAY-PENALTY- AMT The penalty amount 2 No commas(,) or dollar 11 received when a Borrower signs ($) prepays on his loan as reported by the Servicer. ------------------------------------------------------------------------------------------------------- PREPAY-PENALTY- WAIVED The prepayment penalty 2 No commas(,) or dollar 11 amount for the loan signs ($) waived by the Servicer. ------------------------------------------------------------------------------------------------------- MOD-DATE The effective payment MM/DD/YYYY 10 date of the modification for the loan. ------------------------------------------------------------------------------------------------------- MOD-TYPE The modification type. Varchar - value can be 30 alpha or numeric ------------------------------------------------------------------------------------------------------- DELINQ-P&I-ADVANCE-AMT The current outstanding 2 No commas(,) or dollar 11 principal and interest signs ($) advances made by the Servicer. ------------------------------------------------------------------------------------------------------- Schedule 4-2

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 STANDARD FILE LAYOUT DATA ELEMENTS ---------------------------------------------------------------------------------------------------- COLUMN NAME DESCRIPTION DECIMAL COMMENT MAX SIZE ---------------------------------------------------------------------------------------------------- LOAN_NBR A unique identifier Text up to 10 digits 10 assigned to each loan by the originator. ---------------------------------------------------------------------------------------------------- SER_INVESTOR_NBR A value assigned by the Text up to 10 digits 20 Servicer to define a group of loans. ---------------------------------------------------------------------------------------------------- SERVICER_LOAN_NBR A unique number assigned Text up to 10 digits 10 to a loan by the Servicer. This may be different than the LOAN_NBR. ---------------------------------------------------------------------------------------------------- BORR_NEXT_PAY_DUE_DATE The date at the end of MM/DD/YYYY 10 processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. ---------------------------------------------------------------------------------------------------- NOTE_INT_RATE The loan interest rate as 4 Max length of 6 6 reported by the Servicer. ---------------------------------------------------------------------------------------------------- ACTL_END_PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) end of the processing cycle. ---------------------------------------------------------------------------------------------------- SCHED_END_PRIN_BAL The scheduled principal 2 No commas(,) or dollar 11 balance due to the signs ($) investors at the end of a processing cycle. ---------------------------------------------------------------------------------------------------- ACTL_BEG_PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) beginning of the processing cycle. ---------------------------------------------------------------------------------------------------- SCHED_BEG_PRIN_BAL The scheduled outstanding 2 No commas(,) or dollar 11 principal amount due at signs ($) the beginning of the cycle date to be passed through to the investors. ---------------------------------------------------------------------------------------------------- SCHED_PAY_AMT The scheduled monthly 2 No commas(,) or dollar 11 principal and scheduled signs ($) interest payment that a Borrower is expected to pay; P&I constant. ---------------------------------------------------------------------------------------------------- SCHED_PRIN_AMT The scheduled principal 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer for the current cycle. ---------------------------------------------------------------------------------------------------- SERV_CURT_AMT_1 The first curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ---------------------------------------------------------------------------------------------------- SERV_CURT_AMT_2 The second curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ---------------------------------------------------------------------------------------------------- SERV_CURT_AMT_3 The third curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ---------------------------------------------------------------------------------------------------- ACTION_CODE The standard FNMA numeric Action Code Key: 2 code used to indicate the 15=Bankruptcy, default/delinquent status 30=Foreclosure, 70=REO, of a particular loan. 60=PIF, 63= Substitution, 65=Repurchase; ---------------------------------------------------------------------------------------------------- PIF_AMT The loan "paid in full" 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer. ---------------------------------------------------------------------------------------------------- PIF_DATE The paid in full date as MM/DD/YYYY 10 reported by the Servicer. ---------------------------------------------------------------------------------------------------- SCHED_GROSS_INTEREST_AMT The amount of interest due 2 No commas(,) or dollar 11 on the outstanding signs ($) scheduled principal balance in the current cycle. ---------------------------------------------------------------------------------------------------- LOAN_FEE_AMT The monthly loan fee 2 No commas(,) or dollar 11 amount expressed in signs ($) dollars and cents. ---------------------------------------------------------------------------------------------------- Schedule 4-1 ---------------------------------------------------------------------------------------------------- SERV_FEE_RATE The Servicer's fee rate 4 Max length of 6 6 for a loan as reported by the Servicer. ---------------------------------------------------------------------------------------------------- CR_LOSS_AMT The amount of loss that is 2 No commas(,) or dollar 11 classified as a credit. signs ($) ---------------------------------------------------------------------------------------------------- FRAUD_LOSS_AMT The amount of loss that is 2 No commas(,) or dollar 11 attributable to a fraud signs ($) claim. ---------------------------------------------------------------------------------------------------- BANKRUPTCY_LOSS_AMT The amount of loss due to 2 No commas(,) or dollar 11 bankruptcy. signs ($) ---------------------------------------------------------------------------------------------------- SPH_LOSS_AMT The amount of loss that is 2 No commas(,) or dollar 11 classified as a special signs ($) hazard. ---------------------------------------------------------------------------------------------------- PREPAY_PENALTY_AMT The penalty amount 2 No commas(,) or dollar 11 received when a Borrower signs ($) prepays on his loan as reported by the Servicer. ---------------------------------------------------------------------------------------------------- PREPAY_PENALTY_WAIVED The prepayment penalty 2 No commas(,) or dollar 11 amount for the loan waived signs ($) by the Servicer. ---------------------------------------------------------------------------------------------------- MOD_DATE The effective payment date MM/DD/YYYY 10 of the modification for the loan. ---------------------------------------------------------------------------------------------------- MOD_TYPE The modification type. Varchar - value can be 30 alpha or numeric ---------------------------------------------------------------------------------------------------- DELINQ_P&I_ADVANCE_AMT The current outstanding 2 No commas(,) or dollar 11 principal and interest signs ($) advances made by the Servicer. ----------------------------------------------------------------------------------------------------

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. STANDARD FILE LAYOUT DATA ELEMENTS COLUMN NAME DESCRIPTION DECIMAL COMMENT MAX SIZE ----------------------------------------------------------------------------------------------------- LOAN_NBR A unique identifier Text up to 10 digits 10 assigned to each loan by the originator. ----------------------------------------------------------------------------------------------------- SER_INVESTOR_NBR A value assigned by the Text up to 10 digits 20 Servicer to define a group of loans. ----------------------------------------------------------------------------------------------------- SERVICER_LOAN_NBR A unique number assigned Text up to 10 digits 10 to a loan by the Servicer. This may be different than the LOAN_NBR. ----------------------------------------------------------------------------------------------------- BORR_NEXT _PAY_DUE_DATE The date at the end of MM/DD/YYYY 10 processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. ----------------------------------------------------------------------------------------------------- NOTE_INT_RATE The loan interest rate as 4 Max length of 6 6 reported by the Servicer. ----------------------------------------------------------------------------------------------------- ACTL_END _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) end of the processing cycle. ----------------------------------------------------------------------------------------------------- SCHED_END_PRIN_BAL The scheduled principal 2 No commas(,) or dollar 11 balance due to the signs ($) investors at the end of a processing cycle. ----------------------------------------------------------------------------------------------------- ACTL_BEG _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) beginning of the processing cycle. ----------------------------------------------------------------------------------------------------- SCHED_BEG_PRIN_BAL The scheduled outstanding 2 No commas(,) or dollar 11 principal amount due at signs ($) the beginning of the cycle date to be passed through to the investors. ----------------------------------------------------------------------------------------------------- SCHED_PAY_AMT The scheduled monthly 2 No commas(,) or dollar 11 principal and scheduled signs ($) interest payment that a Borrower is expected to pay; P&I constant. ----------------------------------------------------------------------------------------------------- SCHED_PRIN_ AMT The scheduled principal 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer for the current cycle. ----------------------------------------------------------------------------------------------------- SERV_CURT _AMT_1 The first curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ----------------------------------------------------------------------------------------------------- SERV_CURT _AMT_2 The second curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ----------------------------------------------------------------------------------------------------- SERV_CURT _AMT_3 The third curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ----------------------------------------------------------------------------------------------------- ACTION_CODE The standard FNMA numeric Action Code Key: 2 code used to indicate the 15=Bankruptcy, default/delinquent status 30=Foreclosure, of a particular loan. 70=REO, 60=PIF, 63=Substitution, 65=Repurchase; ----------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------- PIF_AMT The loan "paid in full" 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer. ----------------------------------------------------------------------------------------------------- PIF_DATE The paid in full date as MM/DD/YYYY 10 reported by the Servicer. ----------------------------------------------------------------------------------------------------- SCHED_GROSS_INTEREST_AMT The amount of interest 2 No commas(,) or dollar 11 due on the outstanding signs ($) scheduled principal balance in the current cycle. ----------------------------------------------------------------------------------------------------- LOAN_FEE_AMT The monthly loan fee 2 No commas(,) or dollar 11 amount expressed in signs ($) dollars and cents. ----------------------------------------------------------------------------------------------------- Schedule 4-1 SERV_FEE_RATE The Servicer's fee rate 4 Max length of 6 6 for a loan as reported by the Servicer. ----------------------------------------------------------------------------------------------------- CR_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a credit. signs ($) ----------------------------------------------------------------------------------------------------- FRAUD_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is attributable to a signs ($) fraud claim. ----------------------------------------------------------------------------------------------------- BANKRUPTCY_LOSS_AMT The amount of loss due to 2 No commas(,) or dollar 11 bankruptcy. signs ($) ----------------------------------------------------------------------------------------------------- SPH_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a signs ($) special hazard. ----------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ AMT The penalty amount 2 No commas(,) or dollar 11 received when a Borrower signs ($) prepays on his loan as reported by the Servicer. ----------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ WAIVED The prepayment penalty 2 No commas(,) or dollar 11 amount for the loan signs ($) waived by the Servicer. ----------------------------------------------------------------------------------------------------- MOD_DATE The effective payment MM/DD/YYYY 10 date of the modification for the loan. ----------------------------------------------------------------------------------------------------- MOD_TYPE The modification type. Varchar - value can be 30 alpha or numeric ----------------------------------------------------------------------------------------------------- DELINQ_P&I_ADVANCE_AMT The current outstanding 2 No commas(,) or dollar 11 principal and interest signs ($) advances made by the Servicer. -----------------------------------------------------------------------------------------------------

Depositor to Maintain Perfection and Priority. The Depositor covenants that, in order to evidence the interests of the Depositor and the Trustee under this Agreement, the Depositor shall take such action, or execute and deliver such instruments (other than effecting a Filing (as defined below), unless such Filing is effected in accordance with this paragraph) as may be necessary or advisable (including, without limitation, such actions as are requested by the Trustee) to maintain and perfect, as a first priority interest, the Trustee's security interest in the Mortgage Loans. The Depositor shall, from time to time and within the time limits established by law, prepare and present to the Purchaser or its designee to authorize (based in reliance on the Opinion of Counsel hereinafter provided for) the Depositor to file, all financing statements, amendments, continuations, initial financing statements in lieu of a continuation statement, terminations, partial terminations, releases or partial releases, or any other filings necessary or advisable to continue, maintain and perfect the Trustee's security interest in the Mortgage Loans as a first-priority interest (each a "Filing"). The Depositor shall present each such Filing to the Trustee or its designee together with (x) an Opinion of Counsel to the effect that such Filing is (i) consistent with the grant of the security interest to the Trustee pursuant to Section 11.09 of this Agreement, (ii) satisfies all requirements and conditions to such Filing in this Agreement and (iii) satisfies the requirements for a Filing of such type under the Uniform Commercial Code in the applicable jurisdiction (or if the Uniform Commercial Code does not apply, the applicable statute governing the perfection of security interests), and (y) a form of authorization for the Schedule 3-3 Trustee's signature. Upon receipt of such Opinion of Counsel and form of authorization, the Trustee shall promptly authorize in writing the Depositor to, and the Depositor shall, effect such Filing under the UCC without the signature of the Depositor or the Trustee where allowed by applicable law. Notwithstanding anything else in the transaction documents to the contrary, the Depositor shall not have any authority to effect a Filing without obtaining written authorization from the Trustee or its designee.. Schedule 4 STANDARD FILE LAYOUT DATA ELEMENTS ----------------------------------------------------------------------------------------------------------- COLUMN NAME DESCRIPTION DECIMAL COMMENT MAX SIZE ----------------------------------------------------------------------------------------------------------- LOAN_NBR A unique identifier Text up to 10 digits 10 assigned to each loan by the originator. ----------------------------------------------------------------------------------------------------------- SER_INVESTOR_NBR A value assigned by the Text up to 10 digits 20 Servicer to define a group of loans. ----------------------------------------------------------------------------------------------------------- SERVICER_LOAN_NBR A unique number assigned Text up to 10 digits 10 to a loan by the Servicer. This may be different than the LOAN_NBR. ----------------------------------------------------------------------------------------------------------- BORR_NEXT _PAY_DUE_DATE The date at the end of MM/DD/YYYY 10 processing cycle that the Borrower's next payment is due to the Servicer, as reported by Servicer. ----------------------------------------------------------------------------------------------------------- NOTE_INT_RATE The loan interest rate as 4 Max length of 6 6 reported by the Servicer. ----------------------------------------------------------------------------------------------------------- ACTL_END _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) end of the processing cycle. ----------------------------------------------------------------------------------------------------------- SCHED_END_PRIN_BAL The scheduled principal 2 No commas(,) or dollar 11 balance due to the signs ($) investors at the end of a processing cycle. ----------------------------------------------------------------------------------------------------------- ACTL_BEG _PRIN_BAL The Borrower's actual 2 No commas(,) or dollar 11 principal balance at the signs ($) beginning of the processing cycle. ----------------------------------------------------------------------------------------------------------- SCHED_BEG_PRIN_BAL The scheduled outstanding 2 No commas(,) or dollar 11 principal amount due at signs ($) the beginning of the cycle date to be passed through to the investors. ----------------------------------------------------------------------------------------------------------- SCHED_PAY_AMT The scheduled monthly 2 No commas(,) or dollar 11 principal and scheduled signs ($) interest payment that a Borrower is expected to pay; P&I constant. ----------------------------------------------------------------------------------------------------------- SCHED_PRIN_ AMT The scheduled principal 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer for the current cycle. ----------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_1 The first curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ----------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_2 The second curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ----------------------------------------------------------------------------------------------------------- SERV_CURT _AMT_3 The third curtailment 2 No commas(,) or dollar 11 amount to be applied. signs ($) ----------------------------------------------------------------------------------------------------------- ACTION_CODE The standard FNMA numeric Action Code Key: 2 code used to indicate the 15=Bankruptcy, default/delinquent status 30=Foreclosure, of a particular loan. 70=REO, 60=PIF, 63=Substitution, 65=Repurchase; ----------------------------------------------------------------------------------------------------------- PIF_AMT The loan "paid in full" 2 No commas(,) or dollar 11 amount as reported by the signs ($) Servicer. ----------------------------------------------------------------------------------------------------------- PIF_DATE The paid in full date as MM/DD/YYYY 10 reported by the Servicer. ----------------------------------------------------------------------------------------------------------- SCHED_GROSS_INTEREST_AMT The amount of interest 2 No commas(,) or dollar 11 due on the outstanding signs ($) scheduled principal balance in the current cycle. ----------------------------------------------------------------------------------------------------------- LOAN_FEE_AMT The monthly loan fee 2 No commas(,) or dollar 11 amount expressed in signs ($) dollars and cents. ----------------------------------------------------------------------------------------------------------- Schedule 4-1 ----------------------------------------------------------------------------------------------------------- SERV_FEE_RATE The Servicer's fee rate 4 Max length of 6 6 for a loan as reported by the Servicer. ----------------------------------------------------------------------------------------------------------- CR_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a credit. signs ($) ----------------------------------------------------------------------------------------------------------- FRAUD_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is attributable to a signs ($) fraud claim. ----------------------------------------------------------------------------------------------------------- BANKRUPTCY_LOSS_AMT The amount of loss due to 2 No commas(,) or dollar 11 bankruptcy. signs ($) ----------------------------------------------------------------------------------------------------------- SPH_LOSS_AMT The amount of loss that 2 No commas(,) or dollar 11 is classified as a signs ($) special hazard. ----------------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ AMT The penalty amount 2 No commas(,) or dollar 11 received when a Borrower signs ($) prepays on his loan as reported by the Servicer. ----------------------------------------------------------------------------------------------------------- PREPAY_PENALTY_ WAIVED The prepayment penalty 2 No commas(,) or dollar 11 amount for the loan signs ($) waived by the Servicer. ----------------------------------------------------------------------------------------------------------- MOD_DATE The effective payment MM/DD/YYYY 10 date of the modification for the loan. ----------------------------------------------------------------------------------------------------------- MOD_TYPE The modification type. Varchar - value can be 30 alpha or numeric ----------------------------------------------------------------------------------------------------------- DELINQ_P&I_ADVANCE_AMT The current outstanding 2 No commas(,) or dollar 11 principal and interest signs ($) advances made by the Servicer. -----------------------------------------------------------------------------------------------------------