Centex Home Equity Loan Asset Backed Certs Series 2001 A – POOLING AND SERVICING AGREEMENT (March 21st, 2001)EXHIBIT 4.1 EXECUTION COPY POOLING AND SERVICING AGREEMENT Relating to CENTEX HOME EQUITY LOAN TRUST 2001-A Among CHEC FUNDING, LLC, as Depositor, CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, as Seller, CHEC CONDUIT FUNDING, LLC, as Conduit Seller, HARWOOD STREET FUNDING II, LLC, as Conduit Seller II, CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION, as Servicer, and
Centex Home Equity Loan Asset Backed Certs Series 2001 A – CERTIFICATE GUARANTY INSURANCE POLICY (March 21st, 2001)CERTIFICATE GUARANTY INSURANCE POLICY OBLIGATIONS: Centex Home Equity Loan Trust 2001-A POLICY NUMBER: 34657 Centex Home Equity Loan Asset-Backed Certificates, Series 2001-A $48,700,000 Class A-7 Certificates (the "Obligations") MBIA Insurance Corporation (the "Insurer"), in consideration of the payment of the premium and subject to the terms of this Certificate Guaranty Insurance Policy (this "Policy"), hereby unconditionally and irrevocably guarantees to any Owner that an amount equal to each full and complete Insured Payment (as described below) will be received from the Insurer by Bank One, National Association, or its successors, as trustee for the Owners (the "Trustee"), on behalf of the Owners, for distribution by the Trustee to each Owner of each Owner's proportionate share of the Insured Payment. The Insurer's obligations hereunder with respect to a particular Insured Payment shall
