Designation REMIC definition
Designation REMIC. II Initial Uncertificated Remittance Rate Principal Balance LA-1.......................... Variable (*) $ 148,566,000 LA-2.......................... Variable (*) $ 851,355,000 LB............................ Variable (*) $ 53,964,000 LC............................ Variable (*) $ 57,138,000 LD............................ Variable (*) $ 12,125,802 LE............................ Variable (*) $ 35,054,000 LF............................ Variable (*) $ 19,120,000 LG............................ Variable (*) $ 7,966,000 LH............................ Variable (*) $ 9,878,000 LJ............................ Variable (*) $ 25,494,000 LK............................ Variable (*) $ 4,461,000 LL............................ Variable (*) $ 9,560,000 LM............................ Variable (*) $ 15,933,000 LN............................ Variable (*) $ 3,186,000 LO............................ Variable (*) $ 3,186,000 LP............................ Variable (*) $ 12,755,233 LS-AM......................... 6.7662 $ 4,495,457 LS-MAC-1...................... 7.5182 $ 13,500,000 LS-MAC-2...................... 7.9482 $ 9,500,000 LS-MAC-3...................... 8.1382 $ 5,735,000 LS-MAC-4...................... 8.98777 $ 15,148,791 * Calculated in accordance with the definition of "REMIC II Remittance Rate." As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC III". The Class R-III Certificates will represent the sole class of "residual interests" in REMIC III for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate and initial Class Principal Balance for each of the Classes of REMIC III Regular Certificates. Determined solely for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each Class of REMIC III Regular Certificates shall be the first Distribution Date that is at least two years after the end of the remaining amortization schedule of the Mortgage Loan or Companion Loan that has, as of the Closing Date, the longest remaining amortization schedule, irrespective of its scheduled maturity. Designation Certificate Initial Class Pass-Through Rate Principal Balance Class X N/A(1) N/A(2) Class A-1 6.650% $ 148,566,000 Class A-2 6.957% $ 851,355,000 Class B ...