Common use of DISTRIBUTIONS AND ADVANCES BY THE SERVICER Clause in Contracts

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 Advances..............................................63 Section 4.02 Priorities of Distribution............................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 Monthly Statements to Certificateholders..............69 ARTICLE FIVE THE CERTIFICATES...............................................73 Section 5.01 The Certificates......................................73 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 Section 5.04 Persons Deemed Owners.................................77 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 Section 5.06 Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 119 Section 4.01 Advances..............................................63 .......................................................................... 119 Section 4.02 Priorities of Distribution............................64 ........................................................ 120 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 Monthly Statements to Certificateholders..............69 .......................................... 129 Section 4.04 Certain Matters Relating to the Determination of LIBOR............................ 133 Section 4.05 [Reserved]........................................................................ 134 Section 4.06 [Reserved]........................................................................ 134 Section 4.07 Allocation of Applied Realized Loss Amounts....................................... 134 ARTICLE FIVE V THE CERTIFICATES...............................................73 ......................................................................... 134 Section 5.01 The Certificates......................................73 .................................................................. 134 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ....... 135 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 ................................. 140 Section 5.04 Persons Deemed Owners.................................77 ............................................................. 140 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 ......................... 141 Section 5.06 Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79................................................... 141

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 55 SECTION 4.01. Advances..............................................63 Section 4.02 ................................ 55 SECTION 4.02. Priorities of Distribution............................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 .............. 56 SECTION 4.03. Monthly Statements to Certificateholders..............69 ...................... 57 ARTICLE FIVE V THE CERTIFICATES...............................................73 Section 5.01 ............................................................ 59 SECTION 5.01. The Certificates......................................73 Section 5.02 ........................ 59 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................73 Section 5.03 ... 60 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 Section 5.04 ............................ 65 SECTION 5.04. Persons Deemed Owners.................................77 Section 5.05 ................... 66 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.........................................77 Section 5.06 ..................... 66 SECTION 5.06. Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79......... 67

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 57 Section 4.01 Advances..............................................63 ..............................................................................57 Section 4.02 Priorities of Distribution............................64 ............................................................58 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 [Reserved]............................................................................61 Section 4.04 [Reserved]............................................68 ............................................................................61 Section 4.05 Allocation of Realized Losses.........................68 .........................................................61 Section 4.06 Monthly Statements to Certificateholders..............69 ..............................................62 Section 4.07 [Reserved]............................................................................65 Section 4.08 [Reserved]............................................................................65 Section 4.09 Determination of Pass-Through Rates for LIBOR Certificates............................65 ARTICLE FIVE THE CERTIFICATES...............................................73 ................................................................................68 Section 5.01 The Certificates......................................73 ......................................................................68 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ...........68 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 .....................................72 Section 5.04 Persons Deemed Owners.................................77 .................................................................72 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 .............................73 Section 5.06 Maintenance of Office or Agency.......................78 .......................................................73 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79...................................................................74

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 53 SECTION 4.01. Advances..............................................63 Section 4.02 .......................................................53 SECTION 4.02. Priorities of Distribution............................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 .....................................53 SECTION 4.03. Monthly Statements to Certificateholders..............69 .......................55 SECTION 4.04. Bloomberg Reporting............................................57 ARTICLE FIVE V THE CERTIFICATES...............................................73 Section 5.01 ...................................................57 SECTION 5.01. The Certificates......................................73 Section 5.02 ...............................................57 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................73 Section 5.03 .....................................58 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 Section 5.04 ..............63 SECTION 5.04. Persons Deemed Owners.................................77 Section 5.05 ..........................................63 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.........................................77 Section 5.06 ......63 SECTION 5.06. Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79................................64

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 92 Section 4.01 Advances..............................................63 .............................................................92 Section 4.02 Priorities of Distribution............................64 ...........................................93 Section 4.03 Cross-Collateralization; Adjustments Monthly Statements to Available Funds.......................................67 Certificateholders............................100 Section 4.04 [Reserved]............................................68 Certain Matters Relating to the Determination of LIBOR..............103 Section 4.05 Allocation of Applied Realized LossesLoss Amounts.........................68 Section 4.06 Monthly Statements to Certificateholders..............69 104 ARTICLE FIVE V THE CERTIFICATES...............................................73 .............................................................104 Section 5.01 The Certificates......................................73 ....................................................104 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 .....................................................104 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 ...................109 Section 5.04 Persons Deemed Owners.................................77 ...............................................110 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 ...........110 Section 5.06 Maintenance of Office or Agency.......................78 .....................................110 ARTICLE SIX VI THE DEPOSITOR AND THE SERVICER..................................79..............................................110

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 Advances............................................................................................................................63 Section 4.02 Priorities of Distribution........................................................................................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 [Reserved]............................................................................68 Section 4.04 [Reserved]........................................................................................................................68 Section 4.05 Allocation of Realized Losses..................................................................................68 Section 4.06 Monthly Statements to Certificateholders............................................................69 Section 4.07 Determination of Pass-Through Rates for LIBOR Certificates............................72 ARTICLE FIVE THE CERTIFICATES...............................................73 .............................................................................75 Section 5.01 The Certificates......................................73 ......................................................................75 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ...........75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 .....................................79 Section 5.04 Persons Deemed Owners.................................77 .................................................................79 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 .............................79 Section 5.06 Maintenance of Office or Agency.......................78 .......................................................80 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79................................................................81

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 107 Section 4.01 Advances..............................................63 .............................................. 107 Section 4.02 Priorities of Distribution............................64 ............................ 108 Section 4.03 Cross-Collateralization; Adjustments Monthly Statements to Available Funds.......................................67 Certificateholders.............. 115 Section 4.04 [Reserved]............................................68 Certain Matters Relating to the Determination of LIBOR................................................. 118 Section 4.05 Allocation of Applied Realized Losses.........................68 Section 4.06 Monthly Statements to Certificateholders..............69 Loss Amounts........... 119 ARTICLE FIVE V THE CERTIFICATES...............................................73 ............................................... 119 Section 5.01 The Certificates......................................73 ...................................... 119 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 .............................. 120 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 ..... 125 Section 5.04 Persons Deemed Owners.................................77 ................................. 125 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 ............................................. 125 Section 5.06 Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79....................... 126

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 53 SECTION 4.01. Advances..............................................63 Section 4.02 ..........................................................................................53 SECTION 4.02. Priorities of Distribution............................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 ........................................................................53 SECTION 4.03. Monthly Statements to Certificateholders..............69 ..........................................................55 SECTION 4.04. Bloomberg Reporting...............................................................................57 ARTICLE FIVE V THE CERTIFICATES...............................................73 Section 5.01 ......................................................................................57 SECTION 5.01. The Certificates......................................73 Section 5.02 ..................................................................................57 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................73 Section 5.03 .......................58 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 Section 5.04 .................................................63 SECTION 5.04. Persons Deemed Owners.................................77 Section 5.05 .............................................................................63 SECTION 5.05. Access to List of Certificateholders' Names and Addresses.........................................77 Section 5.06 63 SECTION 5.06. Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79...................................................................64

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 57 Section 4.01 Advances..............................................63 ............................................57 Section 4.02 Priorities of Distribution............................64 ..........................58 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 [Reserved]..........................................61 Section 4.04 [Reserved]............................................68 ..........................................61 Section 4.05 Allocation of Realized Losses.........................68 .......................61 Section 4.06 Monthly Statements to Certificateholders..............69 ............62 Section 4.07 [Reserved]..........................................63 Section 4.08 Determination of Pass-Through Rates for LIBOR Certificates........................................63 ARTICLE FIVE THE CERTIFICATES...............................................73 65 Section 5.01 The Certificates......................................73 ....................................65 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ........................65 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 ........................................69 Section 5.04 Persons Deemed Owners.................................77 ...............................69 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 ...........................................69 Section 5.06 Maintenance of Office or Agency.......................78 .....................70 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................7971

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 Advances............................................................................................................................63 Section 4.02 Priorities of Distribution........................................................................................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds......................................................................67 Section 4.04 [Reserved]........................................................................................................................68 Section 4.05 Allocation of Realized Losses..................................................................................68 Section 4.06 Monthly Statements to Certificateholders............................................................69 ARTICLE FIVE THE CERTIFICATES...................................................................................................................................73 Section 5.01 The Certificates............................................................................................................73 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates............................73 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates...............................................................................77 Section 5.04 Persons Deemed Owners..................................................................................................77 Section 5.05 Access to List of Certificateholders' Names and Addresses......................................................................77 Section 5.06 Maintenance of Office or Agency..............................................................................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER.........................................................................................................79

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 Advances..............................................63 .....................................................65 Section 4.02 Priorities of Distribution............................64 ...................................66 Section 4.03 Cross-Collateralization; Adjustments Monthly Statements to Available Funds.......................................67 Certificateholders.....................71 Section 4.04 [Reserved]............................................68 Certain Matters Relating to the Determination of LIBOR.......................................74 Section 4.05 Allocation of Applied Realized Losses.........................68 Section 4.06 Monthly Statements to Certificateholders..............69 Loss Amounts..................74 ARTICLE FIVE V THE CERTIFICATES...............................................73 CERTIFICATES Section 5.01 The Certificates......................................73 .............................................74 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ......................75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 ............80 Section 5.04 Persons Deemed Owners.................................77 ........................................80 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 ........................................80 Section 5.06 Maintenance of Office or Agency.......................78 ..............................81 -ii- TABLE OF CONTENTS (continued) Page ---- ARTICLE SIX VI THE DEPOSITOR AND THE SERVICER..................................79

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 Advances..............................................63 ......................................................69 Section 4.02 Priorities of Distribution............................64 ....................................70 Section 4.03 Cross-Collateralization; Adjustments Monthly Statements to Available Funds.......................................67 Certificateholders......................76 Section 4.04 [Reserved]............................................68 Certain Matters Relating to the Determination of LIBOR........79 Section 4.05 Allocation of Applied Realized Losses.........................68 Section 4.06 Monthly Statements to Certificateholders..............69 Loss Amounts...................79 ARTICLE FIVE V THE CERTIFICATES...............................................73 CERTIFICATES Section 5.01 The Certificates......................................73 ..............................................79 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ......................................80 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 .............85 Section 5.04 Persons Deemed Owners.................................77 .........................................85 Section 5.05 Access to List of Certificateholders' Names and Addresses.........................................77 .....86 Section 5.06 Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79...............................86

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 4.01. Advances..............................................63 ..................................................................................64 Section 4.02 4.02. Priorities of Distribution............................64 ................................................................65 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 4.03. Monthly Statements to Certificateholders..............69 ARTICLE FIVE THE CERTIFICATES.................................................................................................70 Section 4.04. Certain Matters Relating to the Determination of LIBOR....................................73 Section 5.01 4.05. Allocation of Applied Realized Loss Amounts...............................................74 ARTICLE V THE CERTIFICATES Section 5.01. The Certificates......................................73 ..........................................................................74 Section 5.02 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates.................73 ...............75 Section 5.03 5.03. Mutilated, Destroyed, Lost or Stolen Certificates..........................................77 .........................................80 Section 5.04 5.04. Persons Deemed Owners.................................77 .....................................................................80 Section 5.05 5.05. Access to List of Certificateholders' Names and Addresses.........................................77 .................................80 Section 5.06 5.06. Maintenance of Office or Agency.......................78 ARTICLE SIX THE DEPOSITOR AND THE SERVICER..................................79...........................................................80 -ii- TABLE OF CONTENTS (continued)