Common use of The Lower Tier REMIC Clause in Contracts

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the characteristics and terms as follows: Class Designation Companion Classes and Components Original Interest Rate Final Distribution Date Principal Balance (Group 1) Lower Tier Interest 1 PB,I0 $83,071,759.00 7.3107254867% June 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX,XX,X0 $81,804,000.00 7.5000000000% December 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X0 $14,691,000.00 7.5000000000% April 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $36,798,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $77,885,000.00 7.5000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $78,840,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX $5,853,668.00 (1) March 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X $1,461,259.85 9.0000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X,XX $18,860,283.15 9.0000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,X $19,429,030.00 9.0000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,XX $53,972,900.40 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX $1,965,439.38 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX,XX $25,367,660.22 7.5000000000% October 2025 (Group 2) Lower Tier Interest 14 E,SE $3,995,512.00 (2) February 2023 (Group 3) Xxxxx Xxxx Xxxxxxxx 00 X,X,X,XX,XX,XX,X $120,000,000.00 6.5000000000% May 2027 (Group 4) Lower Tier Interest 16 G,H,J $100,000,000.00 7.5000000000% April 2027 RL Class (3) (3) May 2027

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the characteristics and terms as follows: Class Designation Companion Classes and Components Original Principal Balance Interest Rate Final Distribution Date Principal Balance (Group 1) Lower Tier Interest 1 PBXxxxxxxx 0 X,I0 $83,071,759.00 7.3107254867XX $ 54,226,323.00 7.00% June September 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX,XX,X0 $81,804,000.00 7.5000000000% December 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X0 $14,691,000.00 7.5000000000% April 0000 Xxxxx Xxxx Xxxxxxxx 0 XXX,XX $36,798,000.00 7.500000000020,911,450.00 6.90% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $77,885,000.00 7.5000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $78,840,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX $5,853,668.00 15,490,000.00 (1) March 0000 Xxxxx Xxxx Xxxxxxxx 0 XXX,X,X,X,X $1,461,259.85 9.00000000009,645,642.00 6.63% August June 0000 Xxxxx Xxxx Xxxxxxxx 0 X,X 10,962,696.00 6.40% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X,XX $18,860,283.15 9.000000000014,000,000.00 8.80% October January 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,X $19,429,030.00 9.00000000000 XX,XX 18,000,000.00 9.00% October May 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,XX $53,972,900.40 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 0 XX,XX $1,965,439.38 7.500000000014,456,121.00 8.50% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX,XX $25,367,660.22 7.5000000000% October 2025 (Group 2) 2024 Lower Tier Interest 14 E9 L,SE $3,995,512.00 (2) February 2023 (Group 3) P, PB, PC, PD, PE, PG, PH, PJ, PK, FA, SA, L, M 168,545,000.00 6.50% July 0000 Xxxxx Xxxx Xxxxxxxx 00 X,X,X,XX,XX,XX,X $120,000,000.00 6.500000000021,455,000.00 6.50% May 2027 July 2025 Class 28-RL Certificate (Group 4) Lower Tier Interest 16 G,H,J $100,000,000.00 7.5000000000% April 2027 RL Class (32) (32) May 2027July 2025

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the characteristics and terms as follows: Class Designation Companion Classes and Components Original Interest Rate Final Distribution Date Principal Balance (Group 1) Lower Tier Interest 1 PBF,I0 S $83,071,759.00 7.3107254867180,000,000.00 9.500% June May 0000 Xxxxx Xxxx Xxxxxxxx 0 X,X $241,935,000.00 7.000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $28,065,000.00 9.000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX,XX,X0 $81,804,000.00 7.5000000000% December 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X0 $14,691,000.00 7.5000000000% April 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $36,798,000.00 7.500000000068,965,517.00 9.500% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX,X,X,X,X,XX $77,885,000.00 7.5000000000324,834,483.00 6.600% August May 2027 Lower Tier Interest 6 D $90,624,000.00 6.875% November 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $78,840,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX $5,853,668.00 (1) March 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X $1,461,259.85 9.000000000015,576,000.00 5.000% August November 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X,XX X $18,860,283.15 9.0000000000107,870,000.00 6.000% October May 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,X 0 XX,XX,XX $19,429,030.00 9.0000000000142,130,000.00 6.000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,XX $53,972,900.40 7.5000000000% October May 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,X,X,X,X,X $100,000,000.00 0.000% April 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX,XX,XX,XX,XX,XX $1,965,439.38 7.5000000000300,000,000.00 7.000% October April 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX,XX $25,367,660.22 7.500000000035,135,704 6.500% October 2025 December 2023 Class RL Certificate (Group 2) Lower Tier Interest 14 E,SE $3,995,512.00 (2) February 2023 (Group 3) Xxxxx Xxxx Xxxxxxxx 00 X,X,X,XX,XX,XX,X $120,000,000.00 6.5000000000% May 2027 (Group 4) Lower Tier Interest 16 G,H,J $100,000,000.00 7.5000000000% April 2027 RL Class (31) (31) May 2027

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the characteristics and terms as follows: provided below. Lower Tier Class Designation Companion Classes and Components Class or Component Original Principal Balance Interest Rate Final Distribution Date Principal Balance (Group 1) Lower Tier Interest 1 PB1 F,I0 S $83,071,759.00 7.310725486759,784,000 9.0000000000% June 0000 Xxxxx Xxxx Xxxxxxxx 0 XXDecember 2025 2 F,XXSA $41,211,200 9.0000000000% December 2025 3 A,XXB $151,492,800 6.50000000000% December 2025 4 C,X0 D,E,Z $81,804,000.00 47,512,000 7.50000000000% July 2027 Group 2 5 PA,PG,G,K $58,870,428 7.0000000000% July 2012 6 PB $77,354,461 7.5000000000% March 2012 7 PC,PD,PE $48,346,539 6.20000000000% March 2012 8 FA,SB,SC $15,428,572 7.0000000000% July 2012 Group 3 9 H,J $106,828,000 7.0000000000% December 0000 Xxxxx Xxxx Xxxxxxxx 0 XX2019 Group 4 10 PH,X0 PJ,PI $14,691,000.00 56,003,000 7.5000000000% April July 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $36,798,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $77,885,000.00 7.5000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $78,840,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX $5,853,668.00 (1) March 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X $1,461,259.85 9.0000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X,XX $18,860,283.15 9.0000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,X $19,429,030.00 9.0000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,XX $53,972,900.40 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX $1,965,439.38 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX,XX $25,367,660.22 77,575,000 7.5000000000% October 2025 (Group 2) Lower Tier Interest July 2027 12 13 L,M,N,U,O,V, T P $41,755,000 $8,010,000 7:5000000000% 8.0000000000% July 2027 July 2027 14 EQ $534,000 0.0000000000% July 2027 15 FH,SE SH $3,995,512.00 (2) February 2023 (Group 3) Xxxxx Xxxx Xxxxxxxx 00 X,X,X,XX,XX,XX,X $120,000,000.00 6.5000000000% May 2027 (Group 4) Lower Tier Interest 16 G,H,J $100,000,000.00 16,123,000 7.5000000000% April July 2027 Group 5 16 EA,EB,EM,EN $169,056,000 7.2500000000% July 2027 17 FD1,SD1 $21,629,000 9.5000000000% July 2027 18 FD1,SG $62,899,000 9.5000000000% July 2027 19 FD2,SD2 $27,753,263 9.5000000000% July 2027 20 FE,SE,SD3 $10,000,000 9.5000000000% July 2027 21 EG $1,584,000 8.0000000000% July 2027 22 ED $7,078,737 0.0000000000% July 2027 Group 6 23 GA,GB,GC,ZB, ZC $425,000,000 6.5000000000 July 2027 Group 7 24 W $17,313,165 0.0000000000% March 2023 RL Class (31) (31) May July 2027

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the characteristics and terms as follows: Class Designation Companion Classes and Components Original Principal Balance Interest Rate Final Distribution Date Principal Balance (Group 1) Lower 1)Lower Tier Interest 1 PBSA,I0 SB,SC (1) (2) January 2024 (Group 2)Lower Tier Interest 2 SE,E $83,071,759.00 7.3107254867% June 13,477,495.00 (3) January 2024 (Group 3)Lower Tier Interest 3 F,SI 341,945.03 (4) February 0000 Xxxxx Xxxx Xxxxxxxx 0 X,XX 170,972.52 (5) February 0000 Xxxxx Xxxx Xxxxxxxx 0 X,XX 170,972.52 (5) February 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX,XX,X0 $81,804,000.00 7.5000000000% December 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X0 $14,691,000.00 7.5000000000% April 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $36,798,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $77,885,000.00 7.5000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,XX $78,840,000.00 7.5000000000% May 0000 Xxxxx Xxxx Xxxxxxxx 0 XX $5,853,668.00 (6) (7) February 2024 Lower Tier Interest 7 F (1) March 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X $1,461,259.85 9.0000000000% August 0000 Xxxxx Xxxx Xxxxxxxx 0 XX,X,XX $18,860,283.15 9.0000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,X $19,429,030.00 9.0000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX0,XX $53,972,900.40 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX $1,965,439.38 7.5000000000% October 0000 Xxxxx Xxxx Xxxxxxxx 00 XX,XX,XX $25,367,660.22 7.5000000000% October 2025 (8) February 2024 (Group 2) Lower 4)Lower Tier Interest 14 E8 J,SE $3,995,512.00 K 52,075,000.00 7.00000% September 2021 (2Group 5)Lower Tier Interest 9 SL,SM (1) (9) February 2024 (Group 6)Lower Tier Interest 10 N,SN 10,551,530.00 (10) June 2023 (Group 3) Xxxxx Xxxx Xxxxxxxx 00 X,X,X,XX,XX,XX,X $120,000,000.00 6.5000000000% May 2027 (Group 4) Lower 7)Lower Tier Interest 16 G11 O,H,J $100,000,000.00 7.5000000000OZ 18,868,750.00 6.75000% April 2027 2021 Class 45-RL Class Certificate (311) (311) May 2027February 2024