REMIC V Clause Samples

REMIC V. As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Class P Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC V.” The Class R-V Interest represents the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the Class designation, Pass-Through Rate and Original Class Certificate Principal Balance for the indicated Class of Certificates that represents a “regular interest” in REMIC V created hereunder: _______________

REMIC V. As provided herein, the Trustee shall make an election to treat the segregated pool of assets consisting of the Class P Interest as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as “REMIC V.” The Class R-V Interest represents the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Class of Certificates. Class P Certificates Variable(2) $ 100.00 March 25, 2036 ________________

REMIC V. As provided herein, the Securities Administrator will make an election to treat the segregated pool of assets consisting of the Class P Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC V”. The R-5 Interest will represent the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the Class designation, Pass-Through Rate and Initial Certificate Principal Balance for each Class of Certificates that represents one or more of the “regular interests” in REMIC V created hereunder: Class Designation Initial Certificate Principal Balance Pass-Through Rate Assumed Final Distribution Date(1) Class P $ 100 (2) October 25, 2036 ___________________

REMIC V. As provided herein, the Trustee shall make an election to treat the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC V.” The Class R-V Interest represents the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial Certificate Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the latest possible maturity date for the Class C Certificates. Class C (2) $ ________________

REMIC V. As provided herein, the Trust Administrator shall elect to treat the segregated pool of assets consisting of the REMIC IV Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets shall be designated as “REMIC V.” The Class R-V Interest shall evidence the sole class of “residual interests” in REMIC V for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated REMIC V Pass-Through Rate, the initial Uncertificated Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC V Regular Interests (as defined herein). None of the REMIC V Regular Interests shall be certificated. III $ 18,432,242.00 Variable (2) August 2036 III-1-A $ 1,207,000.00 Variable (2) August 2036 III-1-B $ 1,207,000.00 Variable (2) August 2036 III-2-A $ 1,878,000.00 Variable (2) August 2036 III-2-B $ 1,878,000.00 Variable (2) August 2036 III-3-A $ 2,054,500.00 Variable (2) August 2036 III-3-B $ 2,054,500.00 Variable (2) August 2036 III-4-A $ 2,230,500.00 Variable (2) August 2036 III-4-B $ 2,230,500.00 Variable (2) August 2036 III-5-A $ 2,400,500.00 Variable (2) August 2036 III-5-B $ 2,400,500.00 Variable (2) August 2036 III-6-A $ 2,566,500.00 Variable (2) August 2036 III-6-B $ 2,566,500.00 Variable (2) August 2036 III-7-A $ 2,607,500.00 Variable (2) August 2036 III-7-B $ 2,607,500.00 Variable (2) August 2036 III-8-A $ 2,758,000.00 Variable (2) August 2036 III-8-B $ 2,758,000.00 Variable (2) August 2036 III-9-A $ 2,905,500.00 Variable (2) August 2036 III-9-B $ 2,905,500.00 Variable (2) August 2036 III-10-A $ 3,044,000.00 Variable (2) August 2036 III-10-B $ 3,044,000.00 Variable (2) August 2036 III-11-A $ 3,176,500.00 Variable (2) August 2036 III-11-B $ 3,176,500.00 Variable (2) August 2036 III-12-A $ 3,297,500.00 Variable (2) August 2036 III-12-B $ 3,297,500.00 Variable (2) August 2036 III-13-A $ 3,152,000.00 Variable (2) August 2036 III-13-B $ 3,152,000.00 Variable (2) August 2036 III-14-A $ 3,126,500.00 Variable (2) August 2036 Fremont 2006-B Pooling & Servicing Agreement III-14-B $ 3,126,500.00 Variable (2) August 2036 III-15-A $ 3,232,000.00 Variable (2) August 2036 III-15-B $ 3,232,000.00 Variable (2) August 2036 III-16-A $ 3,327,500.00 Variable (2) August 2036 III-16-B $ 3,327,500.00 Variable (2) August 2036 III-17-A $ 3,411,000.00 Variable (2) August 2036 III-17-B $ 3,411,000.00 Variable (2) August 2036 I...