Common use of Payments to Certificateholders Clause in Contracts

Payments to Certificateholders. 76 Section 4.01. Certificate Account..............................................76 Section 4.02. Distributions....................................................76 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 Section 4.04. Distribution of Reports to the Trustee and the Depositor; Advances by the Master Servicer..................................83 Section 4.05. Allocation of Realized Losses....................................84 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87

Payments to Certificateholders. 76 64 Section 4.01. Certificate Payment Account..............................................76 ...................................................64 Section 4.02. Distributions....................................................76 .....................................................65 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 ..................................73 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 ..........................................74 Section 4.05. Allocation of Realized Losses....................................84 .....................................75 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 .....76 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 .....................77 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87Insured Reserve Fund..............................................77

Payments to Certificateholders. 76 87 Section 4.01. Certificate Account..............................................76 87 Section 4.02. Distributions....................................................76 88 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 91 Section 4.04. Distribution of Reports to the Trustee and the Depositor; Advances by the Master Servicer..................................83 95 Section 4.05. Allocation of Realized Losses....................................84 96 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....98 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 98 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87[Reserved].......................................................99 Section 4.09. [Reserved].......................................................99 Section 4.10. Swap Agreement...................................................99

Payments to Certificateholders. 76 70 Section 4.01. Certificate Payment Account..............................................76 ..................................................70 Section 4.02. Distributions....................................................76 70 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 77 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 .........................................78 Section 4.05. Allocation of Realized Losses....................................84 79 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....80 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 80 ARTICLE V THE CERTIFICATES.........................................................81 Section 4.085.01. Limited Mortgage Loan Repurchase Right...........................The Certificates.................................................81 Section 5.02. Registration of Transfer and Exchange of Certificates............82 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates................87 Section 5.04. Persons Deemed Owners............................................87

Payments to Certificateholders. 76 83 Section 4.01. Certificate Account..............................................76 83 Section 4.02. Distributions....................................................76 83 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 92 Section 4.04. Distribution of Reports to the Trustee and the Depositor; Advances by the Master Servicer..................................83 95 Section 4.05. Allocation of Realized Losses....................................84 96 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....99 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 99 Section 4.08. Limited Mortgage Loan Repurchase Right...........................8799 Section 4.09. Mortgage Insurance Premium Taxes Reserve Fund...................100 Section 4.10. Hedge Agreement.................................................100

Payments to Certificateholders. 76 67 Section 4.01. Certificate Payment Account..............................................76 ..................................................67 Section 4.02. Distributions....................................................76 67 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 73 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 .........................................................74 Section 4.05. Allocation of Realized Losses....................................84 76 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....77 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 77 ARTICLE V THE CERTIFICATES.........................................................77 Section 4.085.01. Limited Mortgage Loan Repurchase Right...........................87The Certificates.................................................77 Section 5.02. Registration of Transfer and Exchange of Certificates............79 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates................84 Section 5.04. Persons Deemed Owners............................................85

Payments to Certificateholders. 76 27 Section 4.01. Certificate Account..............................................76 ......................................................27 Section 4.02. Distributions....................................................76 ............................................................27 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 .................37 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 .................................................................38 Section 4.05. Allocation of Realized Losses....................................84 ............................................38 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 . (See Section 4.06 of the Standard Terms).................................40 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 . (See Section 4.07 of the StandardTerms).......................................................40 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87Surety Bond. (See Section 4.08 of the Standard Terms)....................40

Payments to Certificateholders. 76 67 Section 4.01. Certificate Account..............................................76 ....................................67 Section 4.02. Distributions....................................................76 ..........................................67 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 ................71 Section 4.04. Distribution of Reports to the Trustee and the Depositor; Advances by the Master Servicer..................................83 .............74 Section 4.05. Allocation of Realized Losses....................................84 ..........................75 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 .....................................76 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 ..........77 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87.................77 Section 4.09. Mortgage Insurance Premium Taxes Reserve Fund..........77 Section 4.10. Hedge Agreement........................................78

Payments to Certificateholders. 76 70 Section 4.01. Certificate Payment Account..............................................76 ..................................................70 Section 4.02. Distributions....................................................76 71 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 80 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 .....................................................81 Section 4.05. Allocation of Realized Losses....................................84 82 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....84 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................84 ARTICLE V THE CERTIFICATES.........................................................84 Section 5.01. The Certificates.................................................84 Section 5.02. Registration of Transfer and Exchange of Certificates............86 Section 4.085.03. Limited Mortgage Loan Repurchase Right...........................87Mutilated, Destroyed, Lost or Stolen Certificates................91 Section 5.04. Persons Deemed Owners............................................92 Section 5.05. Appointment of Paying Agent......................................92 Section 5.06. Optional Purchase of Certificates................................92

Payments to Certificateholders. 76 Section 4.01. Certificate Account..............................................76 Section 4.02. Distributions....................................................76 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 Section 4.04. Distribution of Reports to the Trustee and the Depositor; Advances by the Master Servicer..................................83 Section 4.05. Allocation of Realized Losses....................................84 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 Section 4.08. Limited Mortgage Loan Repurchase Right...........................8786

Payments to Certificateholders. 76 69 Section 4.01. Certificate Payment Account..............................................76 ..................................................69 Section 4.02. Distributions....................................................76 70 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 77 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 .........................................78 Section 4.05. Allocation of Realized Losses....................................84 79 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....80 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 80 ARTICLE V THE CERTIFICATES.........................................................81 Section 4.085.01. Limited Mortgage Loan Repurchase Right...........................87The Certificates.................................................81 Section 5.02. Registration of Transfer and Exchange of Certificates............82 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates................88 Section 5.04. Persons Deemed Owners............................................88 Section 5.05. Appointment of Paying Agent......................................89 Section 5.06. Optional Purchase of Certificates................................89

Payments to Certificateholders. 76 69 Section 4.01. Certificate Payment Account..............................................76 .....................................................69 Section 4.02. Distributions....................................................76 .......................................................70 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.....................................................................79 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 ....................................................80 Section 4.05. Allocation of Realized Losses....................................84 .......................................81 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 .......83 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 .......................83 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87Insured Reserve Fund................................................83 Section 4.09. Rounding Account....................................................84 Section 4.10. Principal Distributions on the Insured Certificates.................84 Article V THE CERTIFICATES.........................................................89 Section 5.01. The Certificates....................................................89 Section 5.02. Registration of Transfer and Exchange of Certificates...............90 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates...................96 Section 5.04. Persons Deemed Owners...............................................96

Payments to Certificateholders. 76 Section 4.01. Certificate Account..............................................Account ..................................... 76 Section 4.02. Distributions....................................................Distributions ........................................... 76 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 Reporting ........................ 80 Section 4.04. Distribution of Reports to the Trustee and the Depositor; Advances by the Master Servicer..................................Servicer ......................... 83 Section 4.05. Allocation of Realized Losses....................................84 Losses ........................... 85 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................Property ................................................ 86 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................86 Loans ........... 87 Section 4.08. Limited Mortgage Loan Repurchase Right...........................87[Reserved] .............................................. 87 Section 4.09. [Reserved] .............................................. 87 Section 4.10. [Hedge Agreement.] ...................................... 87 ARTICLE V THE CERTIFICATES ............................................... 88 Section 5.01. The Certificates ........................................ 88 Section 5.02. Registration of Transfer and Exchange of Certificates ... 90 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates ....... 97 Section 5.04. Persons Deemed Owners ................................... 97

Payments to Certificateholders. 76 71 Section 4.01. Certificate Payment Account..............................................76 ..................................................71 Section 4.02. Distributions....................................................76 71 Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act Reporting.................................79 81 Section 4.04. Distribution of Reports to the Trustee and the DepositorCompany; Advances by the Master Servicer..................................83 .........................................81 Section 4.05. Allocation of Realized Losses....................................84 83 Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.........................................................86 ....84 Section 4.07. Optional Purchase of Defaulted Mortgage Loans....................84 ARTICLE V THE CERTIFICATES.........................................................85 Section 5.01. The Certificates.................................................85 Section 5.02. Registration of Transfer and Exchange of Certificates............86 Section 4.085.03. Limited Mortgage Loan Repurchase Right...........................87Mutilated, Destroyed, Lost or Stolen Certificates................92 Section 5.04. Persons Deemed Owners............................................92 Section 5.05. Appointment of Paying Agent......................................92 Section 5.06. Optional Purchase of Certificates................................93