Trust REMIC. 66 Trustee....................................................................................................66
Trust REMIC. Each of REMIC 1 and REMIC 2, as described in the Preliminary Statement hereto. Trustee: U.S. Bank National Association, a national banking association, not in its individual capacity, but solely in its capacity as trustee for the benefit of the Certificateholders under this Agreement, and any successor thereto, and any corporation or national banking association resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee as may from time to time be serving as successor trustee hereunder.
Trust REMIC. 34 UCC ........................................................ 34
Trust REMIC. 41- Trustee ....................................................-41- Trust Fund...................................................-41- Uncertificated Balance.......................................-41- Uncertificated Interest......................................-42- Uncertificated Notional Amount...............................-42- -vii-
Trust REMIC. Each REMIC created under the terms of this Agreement.
Trust REMIC. 51- Trustee ...........................................................................-51- Trust Fund..........................................................................-51- Uncertificated Balance..............................................................-51- Uncertificated Interest.............................................................-51- Uncertificated Notional Amount......................................................-52- Uncertificated REMIC Regular Interest...............................................-52- Uninsured Cause.....................................................................-52- United States Person................................................................-52-
Trust REMIC. 51- Trustee ...........................................................................-51- Uncertificated Balance..............................................................-51- Uncertificated Interest.............................................................-52- Uninsured Cause.....................................................................-52- United States Person................................................................-52- Value ...........................................................................-52- Voting Rights.......................................................................-53- Wells Fargo.........................................................................-53- SECTION 1.02. Allocation of Certain Interest Shortfalls....................................................-53-
Trust REMIC. As provided herein, the Trustee shall elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (other than any Prepayment Charge Waiver Amounts) as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as the “Trust REMIC”. The Class R Interest will represent the sole class of Residual Interests in the Trust REMIC for purposes of the REMIC Provisions. The following table irrevocably sets forth the designation, the Uncertificated Trust REMIC Pass-Through Rate, the initial Uncertificated Principal Balance and, for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the Trust REMIC Regular Interests and the Class R Interest. None of the Trust REMIC Regular Interests will be certificated. Designation Initial Uncertificated Principal Balance Uncertificated Trust REMIC Pass-Through Rate Latest Possible Maturity Date(1) Corresponding Certificate A-1-1FL $ 142,450,533.33 (2) October 25, 2037 Class A-1, Class A-0, Xxxxx X-0 X-0-0XXX $ 21,915,466.67 (2) October 25, 2037 Class A-0, Xxxxx X-0, Xxxxx X-0 X-0-0XX $ 25,728,733.33 (2) October 25, 2037 Class A-1, Class A-0, Xxxxx X-0 X-0-0XXX $ 3,958,266.67 (2) October 25, 2037 Class A-0, Xxxxx X-0, Xxxxx X-0 X-0-0XX $ 18,687,066.67 (2) October 25, 2037 Class A-1, Class A-0, Xxxxx X-0 X-0 $ 18,395,000.00 6.50% October 25, 2037 Class A-2 X (3) (2) October 25, 2037 Class X PO $ 4,596,946.69 0.00% October 25, 2037 Class PO Class R Interest $ 50.00 6.50% October 25, 2037 Class R B-1 $ 7,384,000.00 6.50% October 25, 2037 Class B-1 B-2 $ 4,404,000.00 6.50% October 25, 2037 Class B-2 B-3 $ 1,814,000.00 6.50% October 25, 2037 Class B-3 B-4 $ 2,850,000.00 6.50% October 25, 2037 Class B-4 B-5 $ 1,684,000.00 6.50% October 25, 2037 Class B-5 B-6 $ 2,330,328.50 6.50% October 25, 2037 Class B-6 ____________________
Trust REMIC. 28 (v) 7
Trust REMIC. The Class A Certificates will evidence “regular interests” in the Trust REMIC created hereunder. The Class R Certificates will constitute the sole Class of “residual interests” in the Trust REMIC created hereunder. The following table sets forth the class designation, the pass-through rate (the “Pass-Through Rate”) and the aggregate initial Certificate Balance (the “Original Certificate Balance”) for each Class of Certificates comprising the interests in the Trust REMIC created hereunder: Class Designation Initial Pass-Through Rate (per annum) Original Certificate Balance Class A %(1) $375,000,000 Class R None(2) None(1)
