Common use of REMIC Elections Clause in Contracts

REMIC Elections. 57 SECTION 2.08. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION 2.10. [RESERVED]..................................................................60 SECTION 2.11. Permitted Activities of the Trust...........................................60

REMIC Elections. 57 SECTION 65 Section 2.08. [RESERVED].............................................................. 69 Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ............................................... 69 Section 2.10. [RESERVED]..................................................................60 SECTION RESERVED].............................................................. 69 Section 2.11. Permitted Activities of the Trust...........................................60....................................... 69 Section 2.12. Qualifying Special Purpose Entity....................................... 70

REMIC Elections. 57 50 SECTION 2.08. Covenants of the Servicer...................................................60 51 SECTION 2.09. [RESERVED]..................................................................60 51 SECTION 2.10. [RESERVED]..................................................................60 Conveyance of the Subsequent Mortgage Loans.................................51 SECTION 2.11. Permitted Activities of the Trust...........................................6054

REMIC Elections. 57 48 SECTION 2.08. [RESERVED]............................................. 51 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 51 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 52 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 52 SECTION 2.12. Qualifying Special Purpose Entity...................... 52

REMIC Elections. 57 58 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................ 62 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]............................................................... 62 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................................... 63 SECTION 2.11. Permitted Activities of the Trust...........................................60Issuing Entity............................... 63 SECTION 2.12. Qualification of Special Purpose Entity.................................. 63 SECTION 2.13. Depositor Notification of NIM Notes...................................... 63

REMIC Elections. 57 72 SECTION 2.08. [RESERVED]............................................. 77 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 77 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 77 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 77 SECTION 2.12. Qualifying Special Purpose Entity...................... 77

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................53 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................53 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................53 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................53 SECTION 2.12. Qualifying Special Purpose Entity................................................53

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .......................................................... 58 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................................................... 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................................... 58 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund............................................. 58

REMIC Elections. 57 SECTION 72 2.08. [RESERVED]................................................... 77 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION .................................... 77 2.10. [RESERVED]..................................................................60 SECTION RESERVED]................................................... 77 2.11. Permitted Activities of the Trust...........................................60............................ 77 2.12. Qualifying Special Purpose Entity............................ 77 2.13. Depositor Notification of NIM Notes.......................... 77

REMIC Elections. 57 52 SECTION 2.08. Covenants of the Servicer...................................................60 54 SECTION 2.09. [RESERVED]..................................................................60 54 SECTION 2.10. [RESERVED]..................................................................60 Conveyance of the Subsequent Mortgage Loans.................................54 SECTION 2.11. Permitted Activities of the Trust...........................................6056 SECTION 2.12. Qualifying Special Purpose Entity...........................................56

REMIC Elections. 57 56 SECTION 2.08. Covenants of the Servicer...................................................60 .......................................................... 61 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................................................... 61 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................................... 61 SECTION 2.11. Permitted Activities of the Trust...........................................60.................................................. 61 SECTION 2.12. Qualification Special Purpose Entity............................................... 61 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.............................................. 61

REMIC Elections. 57 45 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................... 48 SECTION 2.09. [RESERVED]..................................................................60 RESERVED].................................................................. 48 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................................. 48 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 48 SECTION 2.12. Qualifying Special Purpose Entity........................................... 48

REMIC Elections. 54 SECTION 2.08. [RESERVED]............................................. 57 SECTION 2.082.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 57 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 57 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 57 SECTION 2.12. Qualifying Special Purpose Entity...................... 57 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS............... 57

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]....................................................................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ........................................................................ 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]....................................................................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................................ 70 SECTION 2.12. Qualifying Special Purpose Entity................................................................ 70 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.................................................................. 70

REMIC Elections. 57 48 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................... 52 SECTION 2.09. [RESERVED]..................................................................60 RESERVED].................................................................. 52 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................................. 52 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 52 SECTION 2.12. Qualifying Special Purpose Entity........................................... 52

REMIC Elections. 57 53 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................55 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................55 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................55 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................55 SECTION 2.12. Qualifying Special Purpose Entity................................................55 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.............................................56

REMIC Elections. 57 53 SECTION 2.08. Covenants of the Servicer...................................................60 57 SECTION 2.09. [RESERVED]..................................................................60 57 SECTION 2.10. [RESERVED]..................................................................60 57 SECTION 2.11. Permitted Activities of the Trust...........................................6057 SECTION 2.12. Qualifying Special Purpose Entity...........................................57

REMIC Elections. 57 55 SECTION 2.08. Covenants of the Servicer...................................................60 59 SECTION 2.09. [RESERVED]..................................................................60 59 SECTION 2.10. [RESERVED]..................................................................60 59 SECTION 2.11. Permitted Activities of the Trust...........................................6059 SECTION 2.12. Qualifying Special Purpose Entity...........................................59 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS...........................................59

REMIC Elections. 57 59 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................63 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................63 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................63 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................63 SECTION 2.12. Qualifying Special Purpose Entity................................................63

REMIC Elections. 57 49 SECTION 2.08. [RESERVED].................................................................. 53 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ................................................... 53 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................................. 53 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 53 SECTION 2.12. Qualifying Special Purpose Entity........................................... 53

REMIC Elections. 57 55 SECTION 2.08. Covenants of the Servicer...................................................60 59 SECTION 2.09. [RESERVED]..................................................................60 59 SECTION 2.10. [RESERVED]..................................................................60 59 SECTION 2.11. Permitted Activities of the Trust...........................................6059 SECTION 2.12. Qualifying Special Purpose Entity...........................................59

REMIC Elections. 57 53 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 57 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 58

REMIC Elections. 57 59 SECTION 2.08. Covenants of the Master Servicer...................................................60 ............................................... 63 SECTION 2.09. [RESERVED]..................................................................60 Covenants of the Servicers..................................................... 63 SECTION 2.10. [RESERVED]..................................................................60 Related Agreements............................................................. 63 SECTION 2.11. Conveyance of Subsequent Mortgage Loans........................................ 64 SECTION 2.12. Permitted Activities of the Trust...........................................60.............................................. 66 SECTION 2.13. Qualifying Special Purpose Entity.............................................. 66

REMIC Elections. 57 53 SECTION 2.08. [RESERVED]................................................................... 56 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................................................... 56 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................... 56 SECTION 2.11. Permitted Activities of the Trust...........................................60............................................ 56 SECTION 2.12. Qualifying Special Purpose Entity............................................ 56 ARTICLE III

REMIC Elections. 57 42 SECTION 2.08. 2.08 Covenants of the Servicer...................................................60 ....................................................46 SECTION 2.09. 2.09 [RESERVED]..................................................................60 ...................................................................46 SECTION 2.10. 2.10 [RESERVED]..................................................................60 ...................................................................46 SECTION 2.11. 2.11 Permitted Activities of the Trust...........................................60............................................47

REMIC Elections. 57 51 SECTION 2.08. [RESERVED]................................................................... 55 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................................................... 55 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................... 55 SECTION 2.11. Permitted Activities of the Trust...........................................60............................................ 55 SECTION 2.12. Qualifying Special Purpose Entity............................................ 55 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.......................................... 55

REMIC Elections. 57 58 SECTION 2.08. Covenants of the Servicer...................................................60 61 SECTION 2.09. [RESERVED]..................................................................60 62 SECTION 2.10. [RESERVED]..................................................................60 62 SECTION 2.11. Permitted Activities of the Trust...........................................6062 SECTION 2.12. Qualifying Special Purpose Entity...........................................62

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]......................................................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .......................................................... 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60.................................................. 70 SECTION 2.12. Qualifying Special Purpose Entity.................................................. 70 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................................... 70

REMIC Elections. 57 65 SECTION 2.08. [RESERVED].................................................. 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ................................... 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................. 70 SECTION 2.11. Permitted Activities of the Trust...........................................60........................... 70 SECTION 2.12. Qualifying Special Purpose Entity........................... 70

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 59 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 59 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 59 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund..................................... 59 SECTION 2.12. Qualification Special Purpose Entity....................................... 59

REMIC Elections. 53 Section 2.08. [RESERVED].................................................................... 57 SECTION 2.08Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ..................................................... 57 Section 2.10. [RESERVED]..................................................................60 SECTION RESERVED].................................................................... 57 Section 2.11. Permitted Activities of the Trust...........................................60............................................. 57 Section 2.12. Qualifying Special Purpose Entity............................................. 58

REMIC Elections. 57 71 SECTION 2.08. [RESERVED]............................................. 76 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 76 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 77 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 77 SECTION 2.12. Qualifying Special Purpose Entity...................... 77

REMIC Elections. 57 SECTION 2.08. Covenants of the Servicer...................................................60 61 SECTION 2.09. [RESERVED]..................................................................60 61 SECTION 2.10. [RESERVED]..................................................................60 61 SECTION 2.11. Permitted Activities of the Trust...........................................6061 SECTION 2.12. Qualifying Special Purpose Entity...........................................61

REMIC Elections. 57 49 SECTION 2.08. Covenants of the Servicer...................................................60 ............................................................ 52 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]........................................................................... 53 SECTION 2.10. [RESERVED]..................................................................60 SECTION 2.11. Permitted Activities of the Trust...........................................60RESERVED]........................................................................... 53

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................ 58 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]............................................................... 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................................... 58 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................ 58 SECTION 2.12. Qualifying Special Purpose Entity........................................ 58 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................. 59 SECTION 3.01.

REMIC Elections. 57 SECTION Section 2.08. [RESERVED].....................................................................................61 Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ......................................................................61 Section 2.10. [RESERVED]..................................................................60 SECTION .....................................................................................61 Section 2.11. Permitted Activities of the Trust...........................................60..............................................................61 Section 2.12. Qualifying Special Purpose Entity..............................................................61 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS..................................................................61

REMIC Elections. 54 SECTION 2.08. [RESERVED].......................................57 SECTION 2.082.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ........................57 SECTION 2.10. [RESERVED]..................................................................60 .......................................57 SECTION 2.11. Permitted Activities of the Trust...........................................60................57

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 58 SECTION 2.09. [RESERVED]..................................................................60 58 SECTION 2.10. [RESERVED]..................................................................60 58 SECTION 2.11. Permitted Activities of the Trust...........................................6058

REMIC Elections. 57 76 SECTION 2.08. [RESERVED]............................................. 81 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 81 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 81 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 81 SECTION 2.12. Qualifying Special Purpose Entity...................... 81

REMIC Elections. 57 48 SECTION 2.08. [RESERVED]................................................................. 51 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................................................. 51 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 51 SECTION 2.11. Permitted Activities of the Trust...........................................60. ....................................... 51 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 52 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................... 52

REMIC Elections. 57 49 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 52 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 53 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 53 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 53 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 53

REMIC Elections. 57 48 SECTION 2.08. [RESERVED]........................................................... 51 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................................ 51 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................................... 52 SECTION 2.11. Permitted Activities of the Trust...........................................60.................................... 52 SECTION 2.12. Qualifying Special Purpose Entity.................................... 52

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 58 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 58 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 59 ARTICLE III

REMIC Elections. 57 65 SECTION 2.08. Covenants of the Servicer...................................................60 Servicing Administrator.........................................69 SECTION 2.09. [RESERVED]..................................................................60 Covenants of the Servicer........................................................69 SECTION 2.10. [RESERVED]..................................................................60 Related Agreements...............................................................69 SECTION 2.11. [Reserved].......................................................................70 SECTION 2.12. Permitted Activities of the Trust...........................................60................................................70 SECTION 2.13. Qualifying Special Purpose Entity................................................70

REMIC Elections. 57 46 SECTION 2.08. Covenants of the Servicer...................................................60 48 SECTION 2.09. [RESERVED]..................................................................60 48 SECTION 2.10. [RESERVED]..................................................................60 48 SECTION 2.11. Permitted Activities of the Trust...........................................6048 SECTION 2.12. Qualifying Special Purpose Entity...........................................48

REMIC Elections. 57 46 SECTION 2.08. [RESERVED]........................................... 49 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................ 50 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................... 50 SECTION 2.11. Permitted Activities of the Trust...........................................60.................... 50 SECTION 2.12. Qualifying Special Purpose Entity.................... 50

REMIC Elections. 57 52 SECTION 2.08. Covenants of the Servicer...................................................60 .......................... 56 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................... 56 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................... 56 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund............. 56 SECTION 2.12. Qualification of Special Purpose Entity............ 56

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]........................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................ 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60.................... 70 SECTION 2.12. Qualifying Special Purpose Entity.................... 70

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 57 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 58 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 58

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 ....................................................................... 54 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]...................................................................................... 54 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]...................................................................................... 54 SECTION 2.11. Permitted Activities of the Trust...........................................60............................................................... 54 SECTION 2.12. Qualifying Special Purpose Entity............................................................... 54

REMIC Elections. 57 46 SECTION 2.08. Covenants of the Servicer...................................................60 49 SECTION 2.09. [RESERVED]..................................................................60 49 SECTION 2.10. [RESERVED]..................................................................60 49 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund......................................49

REMIC Elections. 57 62 SECTION 2.08. Covenants of the Master Servicer...................................................60 ........................................................ 66 SECTION 2.09. [RESERVED]..................................................................60 Covenants of the Servicers.............................................................. 67 SECTION 2.10. [RESERVED]..................................................................60 Related Agreements...................................................................... 67 SECTION 2.11. Conveyance of Subsequent Mortgage Loans................................................. 67 SECTION 2.12. Permitted Activities of the Trust...........................................60....................................................... 70 SECTION 2.13. Qualifying Special Purpose Entity....................................................... 70

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 55 SECTION 2.09. [RESERVED]..................................................................60 55 SECTION 2.10. [RESERVED]..................................................................60 55 SECTION 2.11. Permitted Activities of the Trust...........................................6055 SECTION 2.12. Qualifying Special Purpose Entity...........................................55 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS........................................56

REMIC Elections. 57 63 SECTION 2.08. [RESERVED].......................................66 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ........................66 SECTION 2.10. [RESERVED]..................................................................60 Consequence of Subsequent Mortgage Loans.........66 SECTION 2.11. Permitted Activities of the Trust...........................................60................66 SECTION 2.12. Qualifying Special Purpose Entity................66

REMIC Elections. 57 55 SECTION 2.08. Covenants of the Servicer...................................................60 .......................................... 59 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................................... 59 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................... 59 SECTION 2.11. Permitted Activities of the Trust............................................................................. 59 SECTION 2.12. Qualifying Special Purpose Entity.................................. 59 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS............................... 60

REMIC Elections. 57 SECTION 48 Section 2.08. [RESERVED]................................................................................ 51 Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ................................................................. 51 Section 2.10. [RESERVED]..................................................................60 SECTION RESERVED]................................................................................ 52 Section 2.11. Permitted Activities of the Trust...........................................60......................................................... 52 Section 2.12. Qualifying Special Purpose Entity......................................................... 52

REMIC Elections. 57 58 SECTION 2.08. Covenants of the Servicer...................................................60 62 SECTION 2.09. [RESERVED]..................................................................60 62 SECTION 2.10. [RESERVED]..................................................................60 62 SECTION 2.11. Permitted Activities of the Trust...........................................6062 SECTION 2.12. Qualifying Special Purpose Entity...........................................62

REMIC Elections. 57 SECTION 61 2.08. [RESERVED]................................................. 65 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION .................................. 65 2.10. [RESERVED]..................................................................60 SECTION RESERVED]................................................. 66 2.11. Permitted Activities of the Trust...........................................60.......................... 66 2.12. Qualifying Special Purpose Entity.......................... 66 2.13. Depositor Notification of NIM Notes........................ 66

REMIC Elections. 57 56 SECTION 2.08. Covenants of the Servicer...................................................60 ............................................................... 61 SECTION 2.09. [RESERVED]..................................................................60 RESERVED].............................................................................. 61 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].............................................................................. 61 SECTION 2.11. Permitted Activities of the Trust...........................................60....................................................... 61 SECTION 2.12. Qualifying Special Purpose Entity....................................................... 61

REMIC Elections. 57 47 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................48 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................48 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................48 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................48 SECTION 2.12. Qualifying Special Purpose Entity................................................48

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 52 SECTION 2.09. [RESERVED]..................................................................60 52 SECTION 2.10. [RESERVED]..................................................................60 Conveyance of the Subsequent Mortgage Loans.................................52 SECTION 2.11. Permitted Activities of the Trust...........................................6054

REMIC Elections. 57 45 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................... 48 SECTION 2.09. [RESERVED]..................................................................60 Cap Contract................................................................ 48 SECTION 2.10. [RESERVED]..................................................................60 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 48 SECTION 2.11. Qualifying Special Purpose Entity........................................... 49