Common use of The Master REMIC Clause in Contracts

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 (1) June 2037 Class 2-AV-1 $141,639,000 (2) June 2037 Class 2-AV-2 $100,700,000 (3) June 2037 Class 2-AV-3 $37,740,000 (4) June 2037 Class 2-AV-4 $57,306,000 (5) June 2037 Class M-1 $39,016,000 (6) June 2037 Class M-2 $28,886,000 (7) June 2037 Class M-3 $17,257,000 (8) June 2037 Class M-4 $14,256,000 (9) June 2037 Class M-5 $12,005,000 (10) June 2037 Class M-6 $6,752,000 (11) June 2037 Class M-7 $12,005,000 (12) June 2037 Class M-8 $6,753,000 (13) June 2037 Class M-9 $11,629,000 (14) June 2037 Class M-10 $13,506,000 (15) June 2037 Class X-IO (16) (17) June 2037 Class P (18) (18) June 2037 Class R (19) (19) June 2037

The Master REMIC. The Class 1-AV-1AF-1, Class 2-AV-1AF-2, Class 2-AV-2AF-3, Class 2-AV-3AF-4, Class 2AF-5, Class AF-6, Class AV, Class A-AV-4IO, Class M-1, Class M-2, Class M-3B-1, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 B-2 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III R-1 Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Initial Certificate Certificate Final Scheduled Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 AF-1 $224,590,000 69,000,000 (1) June 2037 February 25, 2017 Class 2-AV-1 AF-2 $141,639,000 18,000,000 (2) June 2037 August 25, 2018 Class 2-AV-2 AF-3 $100,700,000 40,000,000 (3) June 2037 25, 2025 Class 2-AV-3 AF-4 $37,740,000 60,800,000 (4) June 2037 25, 2031 Class 2-AV-4 AF-5 $57,306,000 5,800,000 (5) June 2037 September 25, 2032 Class AF-6 $21,000,000 (6) September 25, 2032 Class AV $263,900,000 (7) September 25, 2032 Class M-1 $39,016,000 42,050,000 (6) June 2037 8) September 25, 2032 Class M-2 $28,886,000 (7) June 2037 Class M-3 $17,257,000 (8) June 2037 Class M-4 $14,256,000 26,100,000 (9) June 2037 September 25, 2032 Class M-5 B1 $12,005,000 26,100,000 (10) June 2037 September 25, 2032 Class M-6 B2 $6,752,000 7,250,000 (11) June 2037 September 25, 2032 Class M-7 $12,005,000 A-IO (12) June 2037 Class M-8 $6,753,000 (13) June 2037 Class M-9 $11,629,000 (14) June 2037 Class M-10 $13,506,000 (15) June 2037 6.00% August 25, 2004 Class X-IO (1614) (1715) June 2037 September 25, 2032 Class P R-1 (1813) (18) June 2037 Class R (19) (19) June 203713)

The Master REMIC. The Class 1-AF-1, Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class AV-1, Class 2-AV-1, Class 2-AV-2, Class 2A-AV-3, Class 2-AV-4IO, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 B and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III R-1 Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 AF-1 $224,590,000 85,250,000 (1) June 2037 October 25, 2017 Class 2-AV-1 AF-2 $141,639,000 15,500,000 (2) June 2037 September 25, 2019 Class 2-AV-2 AF-3 $100,700,000 47,400,000 (3) June 2037 November 25, 2026 Class 2-AV-3 AF-4 $37,740,000 63,000,000 (4) June 2037 December 25, 2031 Class 2-AV-4 AF-5 $57,306,000 6,110,000 (5) June 2037 March 25, 2033 Class AF-6 $24,200,000 (6) March 25, 2033 Class AV-1 $129,053,000 (7) March 25, 2033 Class AV-2 $128,987,000 (8) March 25, 2033 Class M-1 $39,016,000 42,000,000 (69) June 2037 March 25, 2033 Class M-2 $28,886,000 31,500,000 (710) June 2037 March 25, 2033 Class M-3 $17,257,000 (8) June 2037 Class M-4 $14,256,000 (9) June 2037 Class M-5 $12,005,000 (10) June 2037 Class M-6 $6,752,000 19,500,000 (11) June 2037 March 25, 2033 Class M-7 B $12,005,000 7,500,000 (12) June 2037 March 25, 2033 Class M-8 $6,753,000 A-IO (13) June 2037 Class M-9 $11,629,000 (14) June 2037 Class M-10 $13,506,000 (15) June 2037 February 25, 2006 Class X-IO (15) (16) Class R-1 (17) June 2037 Class P (18) (18) June 2037 Class R (19) (19) June 2037)

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 M-10, Class M-11 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 380,001,000 (1) June 2037 2036 Class 2-AV-1 AV-2 $141,639,000 138,465,000 (2) June 2037 2036 Class 2-AV-2 AV-3 $100,700,000 182,132,000 (3) June 2037 2036 Class 2-AV-3 AV-4 $37,740,000 94,902,000 (4) June 2037 2036 Class 2-AV-4 M-1 $57,306,000 35,500,000 (5) June 2037 2036 Class M-1 M-2 $39,016,000 32,500,000 (6) June 2037 2036 Class M-2 M-3 $28,886,000 18,500,000 (7) June 2037 2036 Class M-3 M-4 $17,257,000 17,000,000 (8) June 2037 2036 Class M-4 M-5 $14,256,000 16,000,000 (9) June 2037 2036 Class M-5 M-6 $12,005,000 14,500,000 (10) June 2037 2036 Class M-6 M-7 $6,752,000 13,000,000 (11) June 2037 2036 Class M-7 M-8 $12,005,000 12,500,000 (12) June 2037 2036 Class M-8 M-9 $6,753,000 8,500,000 (13) June 2037 2036 Class M-9 M-10 $11,629,000 6,500,000 (14) June 2037 2036 Class M-10 M-11 $13,506,000 10,000,000 (15) June 2037 2036 Class X-IO (16) (17) June 2037 2036 Class P R-3 (18) (18) June 2037 Class R (19) (19) June 20372036

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7M-7A, Class M-7B, Class M-8, Class M-9M-9A, Class M-10 M-9B, Class P and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 $ 666,197,000.00 (1) June April 2037 Class 2-AV-1 $141,639,000 $ 396,130,000.00 (21) June April 2037 Class 2-AV-2 $100,700,000 $ 45,456,000.00 (31) June April 2037 Class 2-AV-3 $37,740,000 $ 102,215,000.00 (41) June April 2037 Class 2-AV-4 $57,306,000 $ 51,932,000.00 (51) June April 2037 Class M-1 $39,016,000 $ 67,933,000.00 (61) June April 2037 Class M-2 $28,886,000 $ 61,914,000.00 (71) June April 2037 Class M-3 $17,257,000 $ 37,386,000.00 (8) June 1) April 2037 Class M-4 $14,256,000 $ 34,396,000.00 (91) June April 2037 Class M-5 $12,005,000 $ 32,677,000.00 (101) June April 2037 Class M-6 $6,752,000 $ 29,237,000.00 (111) June April 2037 Class M-7 $12,005,000 M-7A $ 5,000,000.00 (121) June April 2037 Class M-7B $ 22,517,000.00 (1) April 2037 Class M-8 $6,753,000 $ 25,797,000.00 (131) June April 2037 Class M-9 $11,629,000 M-9A $ 12,000,000.00 (141) June April 2037 Class M-10 $13,506,000 M-9B $ 14,657,000.00 (151) June April 2037 Class X-IO (162) (172) June April 2037 Class P $ 100.00 (183) (18) June April 2037 Class R (194) (194) June April 2037

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 M-9 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 234,882,000 (1) June May 2037 Class 2-AV-1 $141,639,000 180,239,000 (2) June May 2037 Class 2-AV-2 $100,700,000 108,700,000 (3) June May 2037 Class 2-AV-3 $37,740,000 43,708,000 (4) June May 2037 Class 2-AV-4 $57,306,000 59,907,000 (5) June May 2037 Class M-1 $39,016,000 39,399,000 (6) June May 2037 Class M-2 $28,886,000 38,559,000 (7) June May 2037 Class M-3 $17,257,000 14,670,000 (8) June May 2037 Class M-4 $14,256,000 18,861,000 (9) June May 2037 Class M-5 $12,005,000 10,059,000 (10) June May 2037 Class M-6 $6,752,000 10,478,000 (11) June May 2037 Class M-7 $12,005,000 9,640,000 (12) June May 2037 Class M-8 $6,753,000 9,640,000 (13) June May 2037 Class M-9 $11,629,000 12,155,000 (14) June 2037 Class M-10 $13,506,000 (15) June May 2037 Class X-IO (15) (16) May 2037 Class P (17) (17) June May 2037 Class P R (18) (18) June 2037 Class R (19) (19) June May 2037

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 M-10, Class M-11 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 380,001,000 (1) June 2037 2036 Class 2-AV-1 AV-2 $141,639,000 138,465,000 (2) June 2037 2036 Class 2-AV-2 AV-3 $100,700,000 182,132,000 (3) June 2037 2036 Class 2-AV-3 AV-4 $37,740,000 94,902,000 (4) June 2037 2036 Class 2-AV-4 M-1 $57,306,000 35,500,000 (5) June 2037 2036 Class M-1 M-2 $39,016,000 32,500,000 (6) June 2037 2036 Class M-2 M-3 $28,886,000 18,500,000 (7) June 2037 2036 Class M-3 M-4 $17,257,000 17,000,000 (8) June 2037 2036 Class M-4 M-5 $14,256,000 16,000,000 (9) June 2037 2036 Class M-5 M-6 $12,005,000 14,500,000 (10) June 2037 2036 Class M-6 M-7 $6,752,000 13,000,000 (11) June 2037 2036 Class M-7 M-8 $12,005,000 12,500,000 (12) June 2037 2036 Class M-8 M-9 $6,753,000 8,500,000 (13) June 2037 2036 Class M-9 M-10 $11,629,000 6,500,000 (14) June 2037 2036 Class M-10 M-11 $13,506,000 10,000,000 (15) June 2037 2036 Class X-IO (16) (17) June 2037 2036 Class P (18) (18) June 2037 2009 Class R R-3 (19) (19) June 20372036

The Master REMIC. The Class 1-AF-1, Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class AV-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8B, Class M-9, Class M-10 A IO and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III R-1 Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Initial Certificate Certificate Final Scheduled Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 AF-1 $224,590,000 100,340,000 (1) June 2037 January 25, 2019 Class 2-AV-1 AF-2 $141,639,000 22,950,000 (2) June 2037 November 25, 2021 Class 2-AV-2 AF-3 $100,700,000 51,280,000 (3) June 2037 April 25, 2028 Class 2-AV-3 AF-4 $37,740,000 49,750,000 (4) June 2037 May 25, 2032 Class 2-AV-4 AF-5 $57,306,000 31,505,000 (5) June 2037 25, 2034 Class M-1 AF-6 $39,016,000 28,425,000 (6) June 2037 25, 2034 Class M-2 AV-1 $28,886,000 98,220,000 (7) June 2037 25, 2034 Class M-3 AV-2 $17,257,000 120,000,000 (8) June 2037 25, 2034 Class M-4 AV-3 $14,256,000 178,720,000 (9) June 2037 November 25, 2028 Class M-5 AV-4 $12,005,000 42,940,000 (10) June 2037 September 25, 2032 Class M-6 AV-5 $6,752,000 25,120,000 (11) June 2037 25, 2034 Class M-7 M-1 $12,005,000 33,750,000 (12) June 2037 25, 2034 Class M-8 M-2 $6,753,000 27,000,000 (13) June 2037 25, 2034 Class M-9 M-3 $11,629,000 18,450,000 (14) June 2037 25, 2034 Class M-10 M-4 $13,506,000 13,050,000 (15) June 2037 25, 2034 Class M-5 $16,650,000 (16) June 25, 2034 Class M-6 $13,500,000 (17) June 25, 2034 Class M-7 $13,500,000 (18) June 25, 2034 Class B $14,850,000 (19) June 25, 2034 Class A-IO (20) (21) June 25, 2006 Class X-IO (1622) (1723) June 2037 Class P R-1 (1824) (18) June 2037 Class R (19) (19) June 203724)

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 M-10, Class M-11 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 340,000,000 (1) June 2037 September 2036 Class 2-AV-1 AV-2 $141,639,000 198,500,000 (2) June 2037 September 2036 Class 2-AV-2 AV-3 $100,700,000 95,600,000 (3) June 2037 September 2036 Class 2-AV-3 AV-4 $37,740,000 149,274,000 (4) June 2037 September 2036 Class 2-AV-4 M-1 $57,306,000 33,016,000 (5) June 2037 September 2036 Class M-1 M-2 $39,016,000 44,521,000 (6) June 2037 September 2036 Class M-2 M-3 $28,886,000 18,009,000 (7) June 2037 Class M-3 $17,257,000 (8) June 2037 September 2036 Class M-4 $14,256,000 16,508,000 (8) September 2036 Class M-5 $16,008,000 (9) June 2037 September 2036 Class M-5 M-6 $12,005,000 12,506,000 (10) June 2037 September 2036 Class M-6 M-7 $6,752,000 12,006,000 (11) June 2037 September 2036 Class M-7 M-8 $12,005,000 9,505,000 (12) June 2037 September 2036 Class M-8 M-9 $6,753,000 12,506,000 (13) June 2037 September 2036 Class M-9 M-10 $11,629,000 11,506,000 (14) June 2037 September 2036 Class M-10 M-11 $13,506,000 10,005,000 (15) June 2037 September 2036 Class X-IO (16) (17) June 2037 September 2036 Class P (18) (18) June 2037 2011 Class R (19) (19) June 2037September 2036

The Master REMIC. The Class 1-AV-1, Class 2-AV-1, Class 2-AV-2, Class 2-AV-3, Class 2-AV-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class X-IO Certificates are hereby designated as “regular interests” with respect to the Master REMIC (the “Master REMIC Regular Certificates”) and the R-III Interest is hereby designated as the single “residual interest” with respect to the Master REMIC. The beneficial ownership interest in the Master REMIC created hereunder shall be evidenced by the interests having the following characteristics and terms: Class Designation Initial Certificate Principal Balance Certificate Interest Rate Final Scheduled Distribution Date Class 1-AV-1 $224,590,000 291,546,000 (1) June March 2037 Class 2-AV-1 AV-2 $141,639,000 68,400,000 (2) June March 2037 Class 2-AV-2 AV-3 $100,700,000 131,949,000 (3) June March 2037 Class 2-AV-3 AV-4 $37,740,000 119,730,000 (4) June 2037 Class 2-AV-4 $57,306,000 (5) June March 2037 Class M-1 $39,016,000 24,750,000 (65) June March 2037 Class M-2 $28,886,000 21,000,000 (76) June March 2037 Class M-3 $17,257,000 13,125,000 (8) June 7) March 2037 Class M-4 $14,256,000 11,625,000 (9) June 8) March 2037 Class M-5 $12,005,000 11,250,000 (109) June March 2037 Class M-6 $6,752,000 10,125,000 (1110) June March 2037 Class M-7 $12,005,000 5,625,000 (1211) June March 2037 Class M-8 $6,753,000 6,000,000 (1312) June March 2037 Class M-9 $11,629,000 7,500,000 (1413) June March 2037 Class M-10 $13,506,000 10,125,000 (1514) June March 2037 Class X-IO (15) (16) March 2037 Class P (17) (17) June 2037 April 2010 Class P R (18) (18) June 2037 Class R (19) (19) June March 2037