Common use of No Buydown Provisions; No Graduated Payments or Contingent Interests Clause in Contracts

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the The Purchased Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor or a guarantor except for seller or builder concessions nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Purchased Mortgage Loan is not a graduated payment mortgage loan and the Purchased Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed Other than those Mortgage Loans acceptable for purchase by the Purchaser in writingan Agency, the no Mortgage Loan does not contain contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or (b) paid by any source other than the Mortgagor nor does it contain or (c) contains any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the SellerTrust Subsidiary, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the either Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Sellera Trust Subsidiary, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by Except as set forth on the Purchaser in writingrelated Mortgage Loan Schedule, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by disclosed in the Purchaser in writing, Offering Materials or the Mortgage Loan does not contain Schedule, no Mortgage Loan contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or (b) paid by any source other than the Mortgagor nor does it contain or (c) contains any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed permitted by the Purchaser in writingan Agency, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the The Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the MortgagorObligor, or anyone on behalf of the MortgagorObligor, or paid by any source other than the Mortgagor Obligor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision, except for certain Mortgage Loan with temporary buydown provisions approved by Buyer, such as the 2-1 temporary buydown provisions. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the applicable Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Conforming Mortgage Loans and Other Conforming Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed permitted by the Purchaser in writingapplicable Agency, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments are paid or partially paid with funds deposited in any separate account established by the SellerSellers, the Mortgagor, Mortgagor or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" provision” provisions. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with LEGAL02/43092007v4 funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless Except as otherwise agreed disclosed and approved by the Purchaser Buyer in writingits sole discretion, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments are paid or partially paid with funds deposited in any separate account established by the Seller, the MortgagorTrust, the mortgagor, or anyone on behalf of the Mortgagormortgagor, or paid by any source other than the Mortgagor mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless Except as otherwise agreed disclosed and approved by the Purchaser Buyer in writingits sole discretion, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments are paid or partially paid with funds deposited in any separate account established by the Seller, the MortgagorTrust, the related mortgagor, or anyone on behalf of the Mortgagormortgagor, or paid by any source other than the Mortgagor mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;. LEGAL02/36809997v5

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the The Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments on the Mortgage Loan are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or LEGAL02/42117271v5 anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by Other than as permitted pursuant to the Purchaser in writingUnderwriting Guidelines, the no Mortgage Loan does not contain contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the SellerSellers, the Mortgagor, or anyone on behalf of the Mortgagor, or (b) paid by any source other than the Mortgagor nor does it contain or (c) contains any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the The Purchased Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Purchased Mortgage Loan is not a graduated payment mortgage loan and the Purchased Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the each Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the No Underlying Mortgage Loan does not contain contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the SellerGuarantor, the Mortgagor, or anyone on behalf of the Mortgagor, or (b) paid by any source other than the Mortgagor nor does it contain or (c) contains any other similar provisions which may constitute a "“buydown" ” provision. The Underlying Mortgage Loan is not a graduated payment mortgage loan and the Underlying Mortgage Loan does not have a shared appreciation or other contingent interest feature;

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Special Products, the no Mortgage Loan does not contain contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the SellerSellers, the Mortgagor, or anyone on behalf of the Mortgagor, or (b) paid by any source other than the Mortgagor nor does it contain or (c) contains any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the The Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments on the Mortgage Loan are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may Annex I-Sch.I-11 constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Special Products, the no Mortgage Loan does not contain contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, or (b) paid by any source other than the Mortgagor nor does it contain or (c) contains any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments are paid or partially paid with funds deposited in any separate account established by the SellerSellers, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "“buydown" ” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writingExcept with respect to Agency Mortgage Loans, the Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments are paid or partially paid with funds deposited in any separate account established by the SellerSellers, the Mortgagor, Mortgagor or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provisionprovisions. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;.

No Buydown Provisions; No Graduated Payments or Contingent Interests. Unless otherwise agreed by the Purchaser in writing, the The -------------------------------------------------------------------- Purchased Mortgage Loan does not contain provisions pursuant to which Monthly Payments monthly payments are paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, Mortgagor or anyone on behalf of the Mortgagormortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions currently in effect which may constitute a "buydown" provision. The Purchased Mortgage Loan is not a graduated payment mortgage loan and the Purchased Mortgage Loan does not have a shared appreciation or other contingent interest feature;