SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: May 27, 1999
(Date of earliest event reported)
Commission File No. 333-65481
Norwest Asset Securities Corporation
- -------------------------------------------------------------------------------
Delaware 52-1972128
- ----------------------------------- -------------------------------------
(State of Incorporation) (I.R.S. Employer Identification
No.)
7485 New Horizon Way, Frederick, Maryland 21703
- ------------------------------------------------------- ------------------
Address of principal executive offices (Zip Code)
(301) 846-8881
- -------------------------------------------------------------------------------
Registrant's Telephone Number, including area code
- -------------------------------------------------------------------------------
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
ITEM 5. Other Events
On May 27, 1999, Norwest Asset Securities Corporation, a Delaware corporation
(the "Registrant"), sold Mortgage Pass-Through Certificates, Series 1999-14,
Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7,
Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class
A-14, Class A-15, Class A-16, Class A-R, Class B-1, Class B-2 and Class B-3 (the
"Offered Certificates"), having an aggregate original principal balance of
$693,814,000. The Offered Certificates were issued pursuant to a Pooling and
Servicing Agreement, dated as of May 27, 1999, among the Registrant, Norwest
Bank Minnesota, National Association, as master servicer (the "Master Servicer"
or "Norwest Bank"), United States Trust Company of New York, as trustee, and
First Union National Bank, as trust administrator (the "Agreement"), a copy of
which is filed as an exhibit hereto. Mortgage Pass-Through Certificates, Series
1999-14, Class A-PO Certificates, having an aggregate initial principal balance
of $1,462,579.75 and Class B-4, Class B-5 and Class B-6 Certificates, having an
aggregate initial principal balance of $4,901,871.99 (the "Private Class B
Certificates" and, together with the Class A-PO Certificates and the Offered
Certificates, the "Certificates"), were also issued pursuant to the Agreement.
As of the date of initial issuance, the Offered Certificates evidenced an
approximate 99.09% undivided interest in a trust fund (the "Trust Estate"),
consisting principally of a pool of fixed interest rate, conventional, monthly
pay, fully-amortizing, one-to four-family residential first mortgage loans,
other than the Fixed Retained Yield (as defined in the Agreement), which may
include loans secured by shares issued by cooperative housing corporations. The
remaining undivided interests in the Trust Estate are evidenced by the Class
A-PO and Private Class B Certificates. Distributions on the Private Class B
Certificates are subordinated to distributions on the Offered Certificates and
the Class A-PO Certificates.
Interest on the Offered Certificates will be distributed on each Distribution
Date (as defined in the Agreement). Monthly distributions in reduction of the
principal balance of the Offered Certificates will be allocated to the Offered
Certificates in accordance with the priorities set forth in the Agreement.
Distributions of interest and in reduction of principal balance on any
Distribution Date will be made to the extent that the Pool Distribution Amount
is sufficient therefor.
An election will be made to treat the Trust Estate as a REMIC for federal income
tax purposes (the "REMIC"). The Class A-1, Class A-2, Class A-3, Class A-4,
Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11,
Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-PO, Class
B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates will
be treated as "regular interests" in the REMIC and the Class A-R Certificate
will be treated as the "residual interest" in the REMIC.
<PAGE>
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
- ----------- -----------
(EX-4) Pooling and Servicing Agreement,
dated as of May 27, 1999, among
Norwest Asset Securities Corporation,
Norwest Bank Minnesota, National
Association, United States Trust
Company of New York, as trustee, and
First Union National Bank, as trust
administrator.
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NORWEST ASSET SECURITIES CORPORATION
May 27, 1999
By: /s/ Alan S. McKenney
--------------------------------
Name: Alan S. McKenney
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Paper (P) or
Exhibit No. Description Electronic (E)
- ----------- ----------- --------------
(EX-4) Pooling and Servicing E
Agreement, dated as of May 27,
1999 among Norwest Asset
Securities Corporation, Norwest
Bank Minnesota, National
Association, United States
Trust Company of New York, as
trustee, and First Union
National Bank, as trust
administrator.
NORWEST ASSET SECURITIES CORPORATION
(Seller)
and
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
(Master Servicer)
UNITED STATES TRUST COMPANY OF NEW YORK
(Trustee)
and
FIRST UNION NATIONAL BANK
(Trust Administrator)
POOLING AND SERVICING AGREEMENT
Dated as of May 27, 1999
$700,178,451.74
Mortgage Pass-Through Certificates
Series 1999-14
<PAGE>
TABLE OF CONTENTS
ARTICLE I
DEFINITIONS
Section 1.01 Definitions.......................................................
Section 1.02 Acts of Holders...................................................
Section 1.03 Effect of Headings and Table of Contents..........................
Section 1.04 Benefits of Agreement.............................................
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF THE CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans......................................
Section 2.02 Acceptance by Trust Administrator.................................
Section 2.03 Representations and Warranties of the Master Servicer and the
Seller..........................................................
Section 2.04 Execution and Delivery of Certificates............................
Section 2.05 Designation of Certificates; Designation of
Startup Day and Latest Possible Maturity Date...................
ARTICLE III
ADMINISTRATION OF THE TRUST ESTATE: SERVICING
OF THE MORTGAGE LOANS
Section 3.01 Certificate Account...............................................
Section 3.02 Permitted Withdrawals from the Certificate Account................
Section 3.03 Advances by Master Servicer and Trust Administrator...............
Section 3.04 Trust Administrator to Cooperate; Release of Owner
Mortgage-Loan Files.............................................
Section 3.05 Reports to the Trustee and Trust Administrator; Annual
Compliance Statements...........................................
Section 3.06 Title, Management and Disposition of Any REO Mortgage-Loan.
Section 3.07 Amendments to Servicing Agreements, Modification of Standard
Provisions......................................................
Section 3.08 Oversight of Servicing............................................
Section 3.09 Termination and Substitution of Servicing Agreements..............
Section 3.10 Application of Net Liquidation Proceeds...........................
Section 3.11 1934 Act Reports..................................................
ARTICLE IV
DISTRIBUTIONS IN RESPECT OF CERTIFICATES;
PAYMENTS TO CERTIFICATEHOLDERS;
STATEMENTS AND REPORTS
Section 4.01 Distributions.....................................................
Section 4.02 Allocation of Realized Losses.....................................
Section 4.03 Paying Agent......................................................
Section 4.04 Statements to Certificateholders; Report to the Trust
Administrator and the Seller....................................
Section 4.05 Reports to Mortgagors and the Internal Revenue Service............
Section 4.06 Calculation of Amounts; Binding Effect of Interpretations and.....
Actions of Master Servicer......................................
ARTICLE V
THE CERTIFICATES
Section 5.01 The Certificates..................................................
Section 5.02 Registration of Certificates......................................
Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.................
Section 5.04 Persons Deemed Owners.............................................
Section 5.05 Access to List of Certificateholders' Names and Addresses.........
Section 5.06 Maintenance of Office or Agency...................................
Section 5.07 Definitive Certificates...........................................
Section 5.08 Notices to Clearing Agency........................................
ARTICLE VI
THE SELLER AND THE MASTER SERVICER
Section 6.01 Liability of the Seller and the Master Servicer...................
Section 6.02 Merger or Consolidation of the Seller or the Master Servicer......
Section 6.03 Limitation on Liability of the Seller, the Master Servicer and
Others..........................................................
Section 6.04 Resignation of the Master Servicer................................
Section 6.05 Compensation to the Master Servicer...............................
Section 6.06 Assignment or Delegation of Duties by Master Servicer.............
Section 6.07 Indemnification of Trustee, Trust Administrator and Seller by
Master Servicer.................................................
Section 6.08 Master Servicer Covenants Concerning Year 2000 Compliance.........
ARTICLE VII
DEFAULT
Section 7.01 Events of Default.................................................
Section 7.02 Other Remedies of Trustee.........................................
Section 7.03 Directions by Certificateholders and Duties of Trustee During
Event of Default................................................
Section 7.04 Action upon Certain Failures of the Master Servicer and upon
Event of Default................................................
Section 7.05 Trust Administrator to Act; Appointment of Successor..............
Section 7.06 Notification to Certificateholders................................
ARTICLE VIII
CONCERNING THE TRUSTEE AND THE TRUST ADMINISTRATOR
Section 8.01 Duties of Trustee and the Trust Administrator.....................
Section 8.02 Certain Matters Affecting the Trustee and the Trust
Administrator...................................................
Section 8.03 Neither Trustee nor Trust Administrator Required to Make
Investigation...................................................
Section 8.04 Neither Trustee nor Trust Administrator Liable for
Certificates or Mortgage Loans....................................
Section 8.05 Trustee and Trust Administrator May Own Certificates..............
Section 8.06 The Master Servicer to Pay Fees and Expenses......................
Section 8.07 Eligibility Requirements..........................................
Section 8.08 Resignation and Removal...........................................
Section 8.09 Successor.........................................................
Section 8.10 Merger or Consolidation...........................................
Section 8.11 Authenticating Agent..............................................
Section 8.12 Separate Trustees and Co-Trustees.................................
Section 8.13 Appointment of Custodians.........................................
Section 8.14 Tax Matters; Compliance with REMIC Provisions.....................
Section 8.15 Monthly Advances..................................................
Section 8.16 Trustee Covenants Concerning Year 2000 Compliance.................
Section 8.17 Trust Administrator Covenants Concerning Year 2000 Compliance.....
ARTICLE IX
TERMINATION
Section 9.01 Termination upon Purchase by the Seller or Liquidation of All
Mortgage Loans..................................................
Section 9.02 Additional Termination Requirements...............................
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01 Amendment........................................................
Section 10.02 Recordation of Agreement.........................................
Section 10.03 Limitation on Rights of Certificateholders.......................
Section 10.04 Governing Law; Jurisdiction......................................
Section 10.05 Notices..........................................................
Section 10.06 Severability of Provisions.......................................
Section 10.07 Special Notices to Rating Agencies...............................
Section 10.08 Covenant of Seller...............................................
Section 10.09 Recharacterization...............................................
ARTICLE XI
TERMS FOR CERTIFICATES
Section 11.01 Class A Fixed Pass-Through Rate..................................
Section 11.02 Cut-Off Date.....................................................
Section 11.03 Cut-Off Date Aggregate Principal Balance.........................
Section 11.04 Original Class A Percentage......................................
Section 11.05 Original Principal Balances of the Classes of Class A
Certificates.....................................................
Section 11.06 Original Class A Non-PO Principal Balance........................
Section 11.07 Original Subordinated Percentage.................................
Section 11.08 Original Class B-1 Percentage....................................
Section 11.09 Original Class B-2 Percentage....................................
Section 11.10 Original Class B-3 Percentage....................................
Section 11.11 Original Class B-4 Percentage....................................
Section 11.12 Original Class B-5 Percentage....................................
Section 11.13 Original Class B-6 Percentage....................................
Section 11.14 Original Class B Principal Balance...............................
Section 11.15 Original Principal Balances of the Classes of Class B
Certificates...................................................
Section 11.16 Original Class B-1 Fractional Interest...........................
Section 11.17 Original Class B-2 Fractional Interest...........................
Section 11.18 Original Class B-3 Fractional Interest...........................
Section 11.19 Original Class B-4 Fractional Interest...........................
Section 11.20 Original Class B-5 Fractional Interest...........................
Section 11.21 Closing Date.....................................................
Section 11.22 Right to Purchase................................................
Section 11.23 Wire Transfer Eligibility........................................
Section 11.24 Single Certificate...............................................
Section 11.25 Servicing Fee Rate...............................................
Section 11.26 Master Servicing Fee Rate........................................
<PAGE>
EXHIBITS
EXHIBIT A-1 - Form of Face of Class A-1 Certificate
EXHIBIT A-2 - Form of Face of Class A-2 Certificate
EXHIBIT A-3 - Form of Face of Class A-3 Certificate
EXHIBIT A-4 - Form of Face of Class A-4 Certificate
EXHIBIT A-5 - Form of Face of Class A-5 Certificate
EXHIBIT A-6 - Form of Face of Class A-6 Certificate
EXHIBIT A-7 - Form of Face of Class A-7 Certificate
EXHIBIT A-8 - Form of Face of Class A-8 Certificate
EXHIBIT A-9 - Form of Face of Class A-9 Certificate
EXHIBIT A-10 - Form of Face of Class A-10 Certificate
EXHIBIT A-11 - Form of Face of Class A-11 Certificate
EXHIBIT A-12 - Form of Face of Class A-12 Certificate
EXHIBIT A-13 - Form of Face of Class A-13 Certificate
EXHIBIT A-14 - Form of Face of Class A-14 Certificate
EXHIBIT A-15 - Form of Face of Class A-15 Certificate
EXHIBIT A-16 - Form of Face of Class A-16 Certificate
EXHIBIT A-PO - Form of Face of Class A-PO Certificate
EXHIBIT A-R - Form of Face of Class A-R Certificate
EXHIBIT B-1 - Form of Face of Class B-1 Certificate
EXHIBIT B-2 - Form of Face of Class B-2 Certificate
EXHIBIT B-3 - Form of Face of Class B-3 Certificate
EXHIBIT B-4 - Form of Face of Class B-4 Certificate
EXHIBIT B-5 - Form of Face of Class B-5 Certificate
EXHIBIT B-6 - Form of Face of Class B-6 Certificate
EXHIBIT C - Form of Reverse of Series 1999-14 Certificates
EXHIBIT D - Reserved
EXHIBIT E - Custodial Agreement
EXHIBIT F-1 - Schedule of Mortgage Loans Serviced by Norwest
Mortgage in locations other than Frederick,
Maryland
EXHIBIT F-2 - Schedule of Mortgage Loans Serviced by Norwest
Mortgage from Frederick, Maryland
EXHIBIT F-3 - Schedule of Mortgage Loans Serviced by
Other Servicers
EXHIBIT G - Request for Release
EXHIBIT H - Affidavit Pursuant to Section 860E(e)(4) of the
Internal Revenue Code of 1986, as amended, and
for Non-ERISA Investors
EXHIBIT I - Letter from Transferor of Residual Certificates
EXHIBIT J - Transferee's Letter (Class [A-PO][B-4][B-5][B-6]
Certificates)
EXHIBIT K - Transferee's Letter (Class [A-16][B-1][B-2][B-3]
Certificates)
EXHIBIT L - Servicing Agreements
EXHIBIT M - Form of Special Servicing Agreement
SCHEDULE I - Applicable Unscheduled Principal Receipt Period
<PAGE>
This Pooling and Servicing Agreement, dated as of May 27, 1999
executed by NORWEST ASSET SECURITIES CORPORATION, as Seller, NORWEST BANK
MINNESOTA, NATIONAL ASSOCIATION, as Master Servicer, UNITED STATES TRUST COMPANY
OF NEW YORK, as Trustee and FIRST UNION NATIONAL BANK, as Trust Administrator.
W I T N E S S E T H T H A T:
In consideration of the mutual agreements herein contained, the
Seller, the Master Servicer, the Trustee and the Trust Administrator agree as
follows:
ARTICLE I
DEFINITIONS
SECTION 1.01 DEFINITIONS.
Whenever used herein, the following words and phrases, unless the
context otherwise requires, shall have the meanings specified in this Article.
Accepted Master Servicing Practices: Accepted Master Servicing
Practices shall consist of the customary and usual master servicing practices of
prudent master servicing institutions which service mortgage loans of the same
type as the Mortgage Loans in the jurisdictions in which the related Mortgaged
Properties are located, regardless of the date upon which the related Mortgage
Loans were originated.
Accretion Directed Certificates: The Class A-15 Certificates.
Accretion Termination Date: The earlier to occur of (i) the
Distribution Date following the Distribution Date on which the Principal Balance
of the Accretion Directed Certificates has been reduced to zero or (ii) the
Cross-Over Date.
Accrual Certificates: The Class A-4 Certificates.
Accrual Distribution Amount: As to any Distribution Date prior to
the Accretion Termination Date, an amount equal to the sum of (i) the Class A
Interest Percentage of the Accrual Certificates of the current Class A Interest
Distribution Amount and (ii) the Class A Interest Shortfall Percentage of the
Accrual Certificates of the amount distributed in respect of the Classes of
Class A Certificates pursuant to Paragraph second of Section 4.10(a) on such
Distribution Date. As to any Distribution Date on or after the Accretion
Termination Date, zero.
Adjusted Pool Amount: With respect to any Distribution Date, the
Cut-Off Date Aggregate Principal Balance of the Mortgage Loans minus the sum of
(i) all amounts in respect of principal received in respect of the Mortgage
Loans (including, without limitation, amounts received as Monthly Payments,
Periodic Advances, Unscheduled Principal Receipts and Substitution Principal
Amounts) and distributed to Holders of the Certificates on such Distribution
Date and all prior Distribution Dates and (ii) the principal portion of all
Realized Losses (other than Debt Service Reductions) incurred on the Mortgage
Loans from the Cut-Off Date through the end of the month preceding such
Distribution Date.
Adjusted Pool Amount (PO Portion): With respect to any Distribution
Date, the sum of the amounts, calculated as follows, with respect to all
Outstanding Mortgage Loans: the product of (i) the PO Fraction for each such
Mortgage Loan and (ii) the remainder of (A) the Cut-Off Date Principal Balance
of such Mortgage Loan minus (B) the sum of (x) all amounts in respect of
principal received in respect of such Mortgage Loan (including, without
limitation, amounts received as Monthly Payments, Periodic Advances, Unscheduled
Principal Receipts and Substitution Principal Amounts) and distributed to
Holders of the Certificates on such Distribution Date and all prior Distribution
Dates and (y) the principal portion of any Realized Loss (other than a Debt
Service Reduction) incurred on such Mortgage Loan from the Cut-Off Date through
the end of the month preceding such Distribution Date.
Adjusted Principal Balance: As to any Distribution Date and any
Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal
Balance of such Class with respect to such Distribution Date minus (ii) the
Adjustment Amount for such Distribution Date less the Principal Balances for any
Classes of Class B Certificates with higher numerical designations.
Adjustment Amount: For any Distribution Date, the difference between
(A) the sum of the Class A Principal Balance and Class B Principal Balance as of
the related Determination Date and (B) the sum of (i) the sum of the Class A
Principal Balance and Class B Principal Balance as of the Determination Date
succeeding such Distribution Date, (ii) the principal portion of Excess Special
Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the
Certificates with respect to such Distribution Date and (iii) the aggregate
amount that would have been distributed to all Classes as principal in
accordance with Section 4.01(a) for such Distribution Date without regard to the
provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2
Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal
Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal
Principal Amount.
Aggregate Class A Distribution Amount: As to any Distribution Date,
the aggregate amount distributable to the Classes of Class A Certificates
pursuant to Paragraphs first, second, third and fourth of Section 4.01(a) on
such Distribution Date.
Aggregate Class A Unpaid Interest Shortfall: As to any Distribution
Date, an amount equal to the sum of the Class A Unpaid Interest Shortfalls for
all the Classes of Class A Certificates.
Aggregate Current Bankruptcy Losses: With respect to any
Distribution Date, the sum of all Bankruptcy Losses incurred on any of the
Mortgage Loans in the month preceding the month of such Distribution Date.
Aggregate Current Fraud Losses: With respect to any Distribution
Date, the sum of all Fraud Losses incurred on any of the Mortgage Loans in the
month preceding the month of such Distribution Date.
Aggregate Current Special Hazard Losses: With respect to any
Distribution Date, the sum of all Special Hazard Losses incurred on any of the
Mortgage Loans in the month preceding the month of such Distribution Date.
Aggregate Foreclosure Profits: As to any Distribution Date, the
aggregate amount of Foreclosure Profits with respect to all of the Mortgage
Loans.
Agreement: This Pooling and Servicing Agreement and all amendments
and supplements hereto.
Applicable Unscheduled Principal Receipt Period: With respect to the
Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal
Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal
Receipt Period specified on Schedule I hereto, as amended from time to time by
the Master Servicer pursuant to Section 10.01(b) hereof.
Authenticating Agent: Any authenticating agent appointed by the
Trust Administrator pursuant to Section 8.11. There shall initially be no
Authenticating Agent for the Certificates.
Available Master Servicer Compensation: As to any Distribution Date,
the sum of (a) the Master Servicing Fee for such Distribution Date, (b) interest
earned through the business day preceding the applicable Distribution Date on
any Prepayments in Full remitted to the Master Servicer and (c) the aggregate
amount of Month End Interest remitted by the Servicers to the Master Servicer
pursuant to the related Servicing Agreements.
Bankruptcy Code: The Bankruptcy Code of 1978, as amended.
Bankruptcy Loss: With respect to any Mortgage Loan, a Deficient
Valuation or Debt Service Reduction; provided, however, that a Bankruptcy Loss
shall not be deemed a Bankruptcy Loss hereunder so long as the applicable
Servicer has notified the Master Servicer and the Trust Administrator in writing
that such Servicer is diligently pursuing any remedies that may exist in
connection with the representations and warranties made regarding the related
Mortgage Loan and either (A) the related Mortgage Loan is not in default with
regard to payments due thereunder or (B) delinquent payments of principal and
interest under the related Mortgage Loan and any premiums on any applicable
primary hazard insurance policy and any related escrow payments in respect of
such Mortgage Loan are being advanced on a current basis by such Servicer
without giving effect to any Debt Service Reduction.
Bankruptcy Loss Amount: As of any Distribution Date prior to the
first anniversary of the Cut-Off Date, the Bankruptcy Loss Amount will equal
$50,000.00 minus the aggregate amount of Bankruptcy Losses allocated solely to
the Class B Certificates in accordance with Section 4.02(a) since the Cut-Off
Date. As of any Distribution Date on or after the first anniversary of the
Cut-Off Date, an amount equal to (1) the lesser of (a) the Bankruptcy Loss
Amount calculated as of the close of business on the Business Day immediately
preceding the most recent anniversary of the Cut-Off Date coinciding with or
preceding such Distribution Date (the "Relevant Anniversary") and (b) such
lesser amount which, as determined on the Relevant Anniversary will not cause
any rated Certificates to be placed on credit review status (other than for
possible upgrading) by either Rating Agency minus (2) the aggregate amount of
Bankruptcy Losses allocated solely to the Class B Certificates in accordance
with Section 4.02(a) since the Relevant Anniversary. On and after the Cross-Over
Date the Bankruptcy Loss Amount shall be zero.
Bank United Mortgage Loan Sale Agreement: The mortgage loan sale
agreement dated as of September 17, 1998 between Bank United, as seller, and
Norwest Funding, Inc., as purchaser.
Beneficial Owner: With respect to a Book-Entry Certificate, the
Person who is the beneficial owner of such Book-Entry Certificate, as reflected
on the books of the Clearing Agency, or on the books of a Person maintaining an
account with such Clearing Agency (directly or as an indirect participant, in
accordance with the rules of such Clearing Agency), as the case may be.
Book-Entry Certificate: Any one of the Class A-1 Certificates, Class
A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-5
Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-8
Certificates, Class A-9 Certificates, Class A-10 Certificates, Class A-11
Certificates, Class A-12 Certificates, Class A-13 Certificates, Class A-14
Certificates, Class A-15 Certificates and Class A-16 Certificates beneficial
ownership and transfers of which shall be evidenced by, and made through, book
entries by the Clearing Agency as described in Section 5.01(b).
Business Day: Any day other than (i) a Saturday or a Sunday, or (ii)
a legal holiday in the City of New York, State of Iowa, State of Maryland, State
of Minnesota or State of North Carolina or (iii) a day on which banking
institutions in the City of New York, or the State of Iowa, State of Maryland,
State of Minnesota or State of North Carolina are authorized or obligated by law
or executive order to be closed.
Certificate: Any one of the Class A Certificates or Class B
Certificates.
Certificate Account: The trust account established and maintained by
the Master Servicer in the name of the Master Servicer on behalf of the Trustee
pursuant to Section 3.01. The Certificate Account shall be an Eligible Account.
Certificate Register and Certificate Registrar: Respectively, the
register maintained pursuant to and the registrar provided for in Section 5.02.
The initial Certificate Registrar is the Trust Administrator.
Certificateholder or Holder: The Person in whose name a Certificate
is registered in the Certificate Register, except that, solely for the purposes
of the taking of any action under Articles VII or VIII, any Certificate
registered in the name of the Master Servicer, a Servicer or any affiliate
thereof shall be deemed not to be outstanding and the Voting Interest evidenced
thereby shall not be taken into account in determining whether the requisite
percentage of Certificates necessary to effect any such action has been
obtained.
Class: All certificates whose form is identical except for
variations in the Percentage Interest evidenced thereby.
Class A Certificate: Any one of the Class A-1 Certificates, Class
A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-5
Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-8
Certificates, Class A-9 Certificates, Class A-10 Certificates, Class A-11
Certificates, Class A-12 Certificates, Class A-13 Certificates, Class A-14
Certificates, Class A-15 Certificates, Class A-16 Certificates, Class A-PO
Certificates or Class A-R Certificate.
Class A Certificateholder: The registered holder of a Class A
Certificate.
Class A Distribution Amount: As to any Distribution Date and any
Class of Class A Certificates (other than the Class A-4 and Class A-PO
Certificates), the amount distributable to such Class of Class A Certificates
pursuant to Paragraphs first, second and third clause (A) of Section 4.01(a). As
to the Class A-4 Certificates, (a) as to any Distribution Date prior to the
Accretion Termination Date, the amount distributable to the Accrual Certificates
pursuant to (i) the provisos in Paragraphs first and second of Section 4.01(a)
and (ii) Paragraph third clause (A) of Section 4.01(a) and (b) as to any
Distribution Date on or after the Accretion Termination Date, the amount
distributable to the Accrual Certificates pursuant to Paragraphs first, second
and third clause (A) of Section 4.01(a). As to any Distribution Date and the
Class A-PO Certificates, the amount distributable to the Class A-PO Certificates
pursuant to Paragraphs third clause (B) and fourth of Section 4.01(a) on such
Distribution Date.
Class A Fixed Pass-Through Rate: As to any Distribution Date, the
rate per annum set forth in Section 11.01.
Class A Interest Accrual Amount: As to any Distribution Date, the
sum of the Interest Accrual Amounts for the Classes of Class A Certificates with
respect to such Distribution Date.
Class A Interest Percentage: As to any Distribution Date and any
Class of Class A Certificates, the percentage calculated by dividing the
Interest Accrual Amount of such Class (determined without regard to clause (ii)
of the definition thereof) by the Class A Interest Accrual Amount (determined
without regard to clause (ii) of the definition of each Interest Accrual
Amount).
Class A Interest Shortfall Amount: As to any Distribution Date and
any Class of Class A Certificates, any amount by which the Interest Accrual
Amount of such Class with respect to such Distribution Date exceeds the amount
distributed in respect of such Class on such Distribution Date pursuant to
Paragraph first of Section 4.01(a) including, in the case of the Accrual
Certificates prior to the Accretion Termination Date, the amount included in the
Accrual Distribution Amount pursuant to clause (i) of the definition thereof.
Class A Interest Shortfall Percentage: As to any Distribution Date
and any Class of Class A Certificates, the percentage calculated by dividing the
Class A Unpaid Interest Shortfall for such Class by the Aggregate Class A Unpaid
Interest Shortfall determined as of the Business Day preceding the applicable
Distribution Date.
Class A Loss Denominator: As to any Determination Date, an amount
equal to the sum of (i) the Principal Balances of the Class A Certificates
(other than the Accrual Certificates and the Class A-PO Certificates) and (ii)
with respect to the Accrual Certificates, the lesser of the Principal Balance of
the Accrual Certificates and the Original Principal Balance of the Accrual
Certificates.
Class A Loss Percentage: As to any Determination Date and any Class
of Class A Certificates (other than the Class A-PO Certificates) then
outstanding, the percentage calculated by dividing the Principal Balance of such
Class (or, in the case of the Accrual Certificates, the Original Principal
Balance of such Class, if lower) by the Class A Loss Denominator (determined
without regard to any such Principal Balance of any Class of Class A
Certificates not then outstanding), in each case determined as of the preceding
Determination Date.
Class A Non-PO Optimal Amount: As to any Distribution Date, the sum
for such Distribution Date of (i) the Class A Interest Accrual Amount, (ii) the
Aggregate Class A Unpaid Interest Shortfall and (iii) the Class A Non-PO Optimal
Principal Amount.
Class A Non-PO Optimal Principal Amount: As to any Distribution
Date, an amount equal to the sum, as to each Outstanding Mortgage Loan, of the
product of (x) the Non-PO Fraction with respect to such Mortgage Loan, and (y)
the sum of:
(i) the Class A Percentage of (A) the principal portion of the
Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class A Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class A Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and
(iv) the Class A Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan.
Class A Non-PO Principal Amount: As to any Distribution Date, the
aggregate amount distributed in respect of the Classes of Class A Certificates
pursuant to Paragraph third clause (A) of Section 4.01(a).
Class A Non-PO Principal Balance: As of any date, an amount equal to
the Class A Principal Balance less the Principal Balance of the Class A-PO
Certificates.
Class A Non-PO Principal Distribution Amount: As to any Distribution
Date, the sum of (i) the Accrual Distribution Amount, if any, with respect to
such Distribution Date and (ii) the Class A Non-PO Principal Amount with respect
to such Distribution Date.
Class A Pass-Through Rate: As to the Class A-1, Class A-2, Class
A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-15, Class
A-16, and Class A-R Certificates, the Class A Fixed Pass-Through Rate. As to the
Class A-9, Class A-10, Class A-11, Class A-12 and Class A-13 Certificates,
7.000% per annum. As to the Class A-14 Certificates, 6.250% per annum. The A-PO
Certificates are not entitled to interest and have no Class A Pass-Through Rate.
Class A Percentage: As to any Distribution Date occurring on or
prior to the Cross-Over Date, the lesser of (i) 100% and (ii) the percentage
obtained by dividing the Class A Non-PO Principal Balance (determined as of the
Determination Date preceding such Distribution Date) by the Pool Balance (Non-PO
Portion). As to any Distribution Date occurring subsequent to the Cross-Over
Date, 100% or such lesser percentage which will cause the Class A Non-PO
Principal Balance to decline to zero following the distribution made on such
Distribution Date.
Class A Prepayment Percentage: As to any Distribution Date to and
including the Distribution Date in May 2004, 100%. As to any Distribution Date
subsequent to May 2004 to and including the Distribution Date in May 2005, the
Class A Percentage as of such Distribution Date plus 70% of the Subordinated
Percentage as of such Distribution Date. As to any Distribution Date subsequent
to May 2005 to and including the Distribution Date in May 2006, the Class A
Percentage as of such Distribution Date plus 60% of the Subordinated Percentage
as of such Distribution Date. As to any Distribution Date subsequent to May 2006
to and including the Distribution Date in May 2007, the Class A Percentage as of
such Distribution Date plus 40% of the Subordinated Percentage as of such
Distribution Date. As to any Distribution Date subsequent to May 2007 to and
including the Distribution Date in May 2008, the Class A Percentage as of such
Distribution Date plus 20% of the Subordinated Percentage as of such
Distribution Date. As to any Distribution Date subsequent to May 2008, the Class
A Percentage as of such Distribution Date. The foregoing is subject to the
following: (i) if the aggregate distribution to Holders of Class A Certificates
on any Distribution Date of the Class A Prepayment Percentage provided above of
(a) Unscheduled Principal Receipts distributable on such Distribution Date would
reduce the Class A Non-PO Principal Balance below zero, the Class A Prepayment
Percentage for such Distribution Date shall be the percentage necessary to bring
the Class A Non-PO Principal Balance to zero and thereafter the Class A
Prepayment Percentage shall be zero and (ii) if the Class A Percentage as of any
Distribution Date is greater than the Original Class A Percentage, the Class A
Prepayment Percentage for such Distribution Date shall be 100%. Notwithstanding
the foregoing, with respect to any Distribution Date on which the following
criteria are not met, the reduction of the Class A Prepayment Percentage
described in the second through sixth sentences of this definition of Class A
Prepayment Percentage shall not be applicable with respect to such Distribution
Date. In such event, the Class A Prepayment Percentage for such Distribution
Date will be determined in accordance with the applicable provision, as set
forth in the first through fifth sentences above, which was actually used to
determine the Class A Prepayment Percentage for the Distribution Date occurring
in the May preceding such Distribution Date (it being understood that for the
purposes of the determination of the Class A Prepayment Percentage for the
current Distribution Date, the current Class A Percentage and Subordinated
Percentage shall be utilized). In order for the reduction referred to in the
second through sixth sentences to be applicable, with respect to any
Distribution Date (a) the average outstanding principal balance on such
Distribution Date and for the preceding five Distribution Dates on the Mortgage
Loans that were delinquent 60 days or more (including for this purpose any
payments due with respect to Mortgage Loans in foreclosure and REO Mortgage
Loans) must be less than 50% of the current Class B Principal Balance and (b)
cumulative Realized Losses shall not exceed (1) 30% of the Original Class B
Principal Balance if such Distribution Date occurs between and including June
2004 and May 2005 (2) 35% of the Original Class B Principal Balance if such
Distribution Date occurs between and including June 2005 and May 2006, (3) 40%
of the Original Class B Principal Balance if such Distribution Date occurs
between and including June 2006 and May 2007, (4) 45% of the Original Class B
Principal Balance if such Distribution Date occurs between and including June
2007 and May 2008, and (5) 50% of the Original Class B Principal Balance if such
Distribution Date occurs during or after June 2008. With respect to any
Distribution Date on which the Class A Prepayment Percentage is reduced below
the Class A Prepayment Percentage for the prior Distribution Date, the Master
Servicer shall certify to the Trust Administrator, based upon information
provided by each Servicer as to the Mortgage Loans serviced by it that the
criteria set forth in the preceding sentence are met.
Class A Principal Balance: As of any date, an amount equal to the
sum of the Principal Balances for the Class A-1 Certificates, Class A-2
Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-5
Certificates, Class A-6 Certificates, Class A-7 Certificates, Class A-8
Certificates, Class A-9 Certificates, Class A-10 Certificates, Class A-11
Certificates, Class A-12 Certificates, Class A-13 Certificates, Class A-14
Certificates, Class A-15 Certificates, Class A-16 Certificates, Class A-PO
Certificates and Class A-R Certificate.
Class A Unpaid Interest Shortfall: As to any Distribution Date and
any Class of Class A Certificates, the amount, if any, by which the aggregate of
the Class A Interest Shortfall Amounts for such Class for prior Distribution
Dates is in excess of the amounts distributed in respect of such Class (or in
the case of the Accrual Certificates prior to the Accretion Termination Date,
the amount included in the Accrual Distribution Amount pursuant to clause (ii)
of the definition thereof) on prior Distribution Dates pursuant to Paragraph
second of Section 4.01(a).
Class A-1 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-1 and
Exhibit C hereto.
Class A-1 Certificateholder: The registered holder of a Class A-1
Certificate.
Class A-2 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-2 and
Exhibit C hereto.
Class A-2 Certificateholder: The registered holder of a Class A-2
Certificate.
Class A-3 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-3 and
Exhibit C hereto.
Class A-3 Certificateholder: The registered holder of a Class A-3
Certificate.
Class A-4 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-4 and
Exhibit C hereto.
Class A-4 Certificateholder: The registered holder of a Class A-4
Certificate.
Class A-4 Loss Amount: With respect to any Determination Date after
the Cross-Over Date, the amount, if any, by which the Principal Balance of the
Class A-4 Certificates would be reduced as a result of the application of the
third sentence of the definition of Principal Balance.
Class A-5 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-5 and
Exhibit C hereto.
Class A-5 Certificateholder: The registered holder of a Class A-5
Certificate.
Class A-6 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-6 and
Exhibit C hereto.
Class A-6 Certificateholder: The registered holder of a Class A-6
Certificate.
Class A-7 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-7 and
Exhibit C hereto.
Class A-7 Certificateholder: The registered holder of a Class A-7
Certificate.
Class A-8 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-8 and
Exhibit C hereto.
Class A-8 Certificateholder: The registered holder of a Class A-8
Certificate.
Class A-9 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-9 and
Exhibit C hereto.
Class A-9 Certificateholder: The registered holder of a Class A-9
Certificate.
Class A-10 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-10 and
Exhibit C hereto.
Class A-10 Certificateholder: The registered holder of a Class A-10
Certificate.
Class A-11 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-11 and
Exhibit C hereto.
Class A-11 Certificateholder: The registered holder of a Class A-11
Certificate.
Class A-12 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-12 and
Exhibit C hereto.
Class A-12 Certificateholder: The registered holder of a Class A-12
Certificate.
Class A-13 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-13 and
Exhibit C hereto.
Class A-13 Certificateholder: The registered holder of a Class A-13
Certificate.
Class A-14 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-14 and
Exhibit C hereto.
Class A-14 Certificateholder: The registered holder of a Class A-14
Certificate.
Class A-15 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-15 and
Exhibit C hereto.
Class A-15 Certificateholder: The registered holder of a Class A-15
Certificate.
Class A-16 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-16 and
Exhibit C hereto.
Class A-16 Certificateholder: The registered holder of a Class A-16
Certificate.
Class A-16 Loss Allocation Amount: With respect to any Determination
Date after the Cross-Over Date the lesser of (a) the Principal Balance of the
Class A-16 Certificates with respect to such Determination Date prior to any
reduction for the Class A-16 Loss Allocation Amount and (b) the Class A-4 Loss
Amount.
Class A-PO Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit A-PO and
Exhibit C hereto.
Class A-PO Certificateholder: The registered holder of a Class A-PO
Certificate.
Class A-PO Deferred Amount: For any Distribution Date prior to the
Cross-Over Date, the difference between (A) the sum of (x) the amount by which
the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution
Dates exceeded the amounts distributed on the Class A-PO Certificates on such
prior Distribution Dates pursuant to Paragraph third clause (B) of Section
4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which
became a Liquidated Loan at any time on or prior to the last day of the
applicable Unscheduled Principal Receipt Period for the current Distribution
Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount
equal to the principal portion of Realized Losses (other than Bankruptcy Losses
due to Debt Service Reductions) incurred with respect to such Mortgage Loan
other than Excess Special Hazard Losses, Excess Fraud Losses and Excess
Bankruptcy Losses and (B) amounts distributed on the Class A-PO Certificates on
prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and
after the Cross-Over Date, the Class A-PO Deferred Amount will be zero. No
interest will accrue on any Class A-PO Deferred Amount.
Class A-PO Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum as to each Outstanding Mortgage Loan, of the product of
(x) the PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) (A) the principal portion of the Monthly Payment due on
the Due Date occurring in the month of such Distribution Date on such
Mortgage Loan, less (B) if the Bankruptcy Loss Amount has been reduced to
zero, the principal portion of any Debt Service Reduction with respect to
such Mortgage Loan;
(ii) all Unscheduled Principal Receipts that were received by
a Servicer with respect to such Mortgage Loan during the Applicable
Unscheduled Principal Receipt Period relating to such Distribution Date
for each applicable type of Unscheduled Principal Receipt;
(iii) the Scheduled Principal Balance of each Mortgage Loan
that was repurchased by the Seller during such preceding month pursuant to
Section 2.02 or 2.03; and
(iv) the excess of the unpaid principal balance of such
Mortgage Loan substituted for a defective Mortgage Loan during the month
preceding the month in which such Distribution Date occurs over the unpaid
principal balance of such defective Mortgage Loan, less the amount
allocable to the principal portion of any unreimbursed Periodic Advances
previously made by the applicable Servicer, the Master Servicer or the
Trust Administrator in respect of such defective Mortgage Loan.
Class A-R Certificate: The Certificate executed by the Trust
Administrator and authenticated by the Trust Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.
Class A-R Certificateholder: The registered holder of the Class A-R
Certificate.
Class B Certificate: Any one of the Class B-1 Certificates, Class
B-2 Certificates, Class B-3 Certificates, Class B-4 Certificates, Class B-5
Certificates or Class B-6 Certificates.
Class B Certificateholder: The registered holder of a Class B
Certificate.
Class B Distribution Amount: Any of the Class B-1, Class B-2, Class
B-3, Class B-4, Class B-5 or Class B-6 Distribution Amounts.
Class B Interest Accrual Amount: As to any Distribution Date, the
sum of the Interest Accrual Amounts for the Classes of Class B Certificates with
respect to such Distribution Date.
Class B Interest Percentage: As to any Distribution Date and any
Class of Class B Certificates, the percentage calculated by dividing the
Interest Accrual Amount of such Class (determined without regard to clause (ii)
of the definition thereof) by the Class B Interest Accrual Amount (determined
without regard to clause (ii) of the definition of each Interest Accrual
Amount).
Class B Interest Shortfall Amount: Any of the Class B-1 Interest
Shortfall Amount, Class B-2 Interest Shortfall Amount, Class B-3 Interest
Shortfall Amount, Class B-4 Interest Shortfall Amount, Class B-5 Interest
Shortfall Amount or Class B-6 Interest Shortfall Amount.
Class B Loss Percentage: As to any Determination Date and any Class
of Class B Certificates then outstanding, the percentage calculated by dividing
the Principal Balance of such Class B by the Class B Principal Balance
(determined without regard to any Principal Balance of any Class of Class B
Certificates not then outstanding), in each case determined as of the preceding
Determination Date.
Class B Pass-Through Rate: As to any Distribution Date, 6.500% per
annum.
Class B Percentage: Any one of the Class B-1 Percentage, Class B-2
Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or
Class B-6 Percentage.
Class B Prepayment Percentage: Any of the Class B-1 Prepayment
Percentage, Class B-2 Prepayment Percentage, Class B-3 Prepayment Percentage,
Class B-4 Prepayment Percentage, Class B-5 Prepayment Percentage or Class B-6
Prepayment Percentage.
Class B Principal Balance: As of any date, an amount equal to the
sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3
Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and
Class B-6 Principal Balance.
Class B Unpaid Interest Shortfall: Any of the Class B-1 Unpaid
Interest Shortfall, Class B-2 Unpaid Interest Shortfall, Class B-3 Unpaid
Interest Shortfall, Class B-4 Unpaid Interest Shortfall, Class B-5 Unpaid
Interest Shortfall or Class B-6 Unpaid Interest Shortfall.
Class B-1 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit B-1 and
Exhibit C hereto.
Class B-1 Certificateholder: The registered holder of a Class B-1
Certificate.
Class B-1 Distribution Amount: As to any Distribution Date, any
amount distributable to the Holders of the Class B-1 Certificates pursuant to
Paragraphs fifth, sixth and seventh of Section 4.01(a).
Class B-1 Interest Shortfall Amount: As to any Distribution Date,
any amount by which the Interest Accrual Amount of the Class B-1 Certificates
with respect to such Distribution Date exceeds the amount distributed in respect
of the Class B-1 Certificates on such Distribution Date pursuant to Paragraph
fifth of Section 4.01(a).
Class B-1 Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-1 Percentage of (A) the principal portion of
the Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-1 Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class B-1 Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and;
(iv) the Class B-1 Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-1 Optimal Principal Amount
will equal the lesser of (A) the Class B-1 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-1 Certificates.
Class B-1 Percentage: As to any Distribution Date, the percentage
calculated by multiplying the Subordinated Percentage by either (i) if any Class
B Certificates (other than the Class B-1 Certificates) are eligible to receive
principal distributions for such Distribution Date in accordance with Section
4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance
(determined as of the Determination Date preceding such Distribution Date) and
the denominator of which is the sum of the Principal Balances of the Classes of
Class B Certificates eligible to receive principal distributions for such
Distribution Date in accordance with the provisions of Section 4.01(d) or (ii)
except as set forth in Section 4.01(d)(ii), in the event that the Class B
Certificates (other than the Class B-1 Certificates) are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), one.
Class B-1 Prepayment Percentage: As to any Distribution Date, the
percentage calculated by multiplying the Subordinated Prepayment Percentage by
either (i) if any Class B Certificates (other than the Class B-1 Certificates)
are eligible to receive principal distributions for such Distribution Date in
accordance with Section 4.01(d), a fraction, the numerator of which is the Class
B-1 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event
that the Class B Certificates (other than the Class B-1 Certificates) are not
eligible to receive distributions of principal in accordance with Section
4.01(d)(i), one.
Class B-1 Principal Balance: As to the first Determination Date, the
Original Class B-1 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-1 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-1 Certificates on
prior Distribution Dates (A) pursuant to Paragraph seventh of Section 4.01(a)
and (B) as a result of a Principal Adjustment and (b) the Realized Losses
allocated through such Determination Date to the Class B-1 Certificates pursuant
to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the Class A Principal Balance as of such Determination
Date.
Class B-1 Unpaid Interest Shortfall: As to any Distribution Date,
the amount, if any, by which the aggregate of the Class B-1 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-1 Certificates on prior Distribution Dates pursuant to
Paragraph sixth of Section 4.01(a).
Class B-2 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit B-2 and
Exhibit C hereto.
Class B-2 Certificateholder: The registered holder of a Class B-2
Certificate.
Class B-2 Distribution Amount: As to any Distribution Date, any
amount distributable to the Holders of the Class B-2 Certificates pursuant to
Paragraphs eighth, ninth and tenth of Section 4.01(a).
Class B-2 Interest Shortfall Amount: As to any Distribution Date,
any amount by which the Interest Accrual Amount of the Class B-2 Certificates
with respect to such Distribution Date exceeds the amount distributed in respect
of the Class B-2 Certificates on such Distribution Date pursuant to Paragraph
eighth of Section 4.01(a).
Class B-2 Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-2 Percentage of (A) the principal portion of
the Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-2 Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class B-2 Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and
(iv) the Class B-2 Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-2 Optimal Principal Amount
will equal the lesser of (A) the Class B-2 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-2 Certificates.
Class B-2 Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Percentage by (ii) a fraction, the numerator of which is the Class
B-2 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that
the Class B-2 Certificates are not eligible to receive distributions of
principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for
such Distribution Date will be zero.
Class B-2 Prepayment Percentage: As to any Distribution Date, except
as set forth in the next sentence, the percentage calculated by multiplying (i)
the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of
which is the Class B-2 Principal Balance (determined as of the Determination
Date preceding such Distribution Date) and the denominator of which is the sum
of the Principal Balances of the Classes of Class B Certificates eligible to
receive principal distributions for such Distribution Date in accordance with
the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii),
in the event that the Class B-2 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-2
Prepayment Percentage for such Distribution Date will be zero.
Class B-2 Principal Balance: As to the first Determination Date, the
Original Class B-2 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-2 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-2 Certificates on
prior Distribution Dates (A) pursuant to Paragraph tenth of Section 4.01(a) and
(B) as a result of a Principal Adjustment and (b) the Realized Losses allocated
through such Determination Date to the Class B-2 Certificates pursuant to
Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the sum of the Class A Principal Balance and the Class
B-1 Principal Balance as of such Determination Date.
Class B-2 Unpaid Interest Shortfall: As to any Distribution Date,
the amount, if any, by which the aggregate of the Class B-2 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-2 Certificates on prior Distribution Dates pursuant to
Paragraph ninth of Section 4.01(a).
Class B-3 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit B-3 and
Exhibit C hereto.
Class B-3 Certificateholder: The registered holder of a Class B-3
Certificate.
Class B-3 Distribution Amount: As to any Distribution Date, any
amount distributable to the Holders of the Class B-3 Certificates pursuant to
Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).
Class B-3 Interest Shortfall Amount: As to any Distribution Date,
any amount by which the Interest Accrual Amount of the Class B-3 Certificates
with respect to such Distribution Date exceeds the amount distributed in respect
of the Class B-3 Certificates on such Distribution Date pursuant to Paragraph
eleventh of Section 4.01(a).
Class B-3 Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-3 Percentage of (A) the principal portion of
the Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-3 Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class B-3 Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and
(iv) the Class B-3 Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-3 Optimal Principal Amount
will equal the lesser of (A) the Class B-3 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-3 Certificates.
Class B-3 Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Percentage by (ii) a fraction, the numerator of which is the Class
B-3 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that
the Class B-3 Certificates are not eligible to receive distributions of
principal in accordance with Section 4.01(d)(i), the Class B-3 Percentage for
such Distribution Date will be zero.
Class B-3 Prepayment Percentage: As to any Distribution Date, except
as set forth in the next sentence, the percentage calculated by multiplying (i)
the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of
which is the Class B-3 Principal Balance (determined as of the Determination
Date preceding such Distribution Date) and the denominator of which is the sum
of the Principal Balances of the Classes of Class B Certificates eligible to
receive principal distributions for such Distribution Date in accordance with
the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii),
in the event that the Class B-3 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-3
Prepayment Percentage for such Distribution Date will be zero.
Class B-3 Principal Balance: As to the first Determination Date, the
Original Class B-3 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-3 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-3 Certificates on
prior Distribution Dates (A) pursuant to Paragraph thirteenth of Section 4.01(a)
and (B) as a result of a Principal Adjustment and (b) the Realized Losses
allocated through such Determination Date to the Class B-3 Certificates pursuant
to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the sum of the Class A Principal Balance, the Class B-1
Principal Balance and the Class B-2 Principal Balance as of such Determination
Date.
Class B-3 Unpaid Interest Shortfall: As to any Distribution Date,
the amount, if any, by which the aggregate of the Class B-3 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-3 Certificates on prior Distribution Dates pursuant to
Paragraph twelfth of Section 4.01(a).
Class B-4 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit B-4 and
Exhibit C hereto.
Class B-4 Certificateholder: The registered holder of a Class B-4
Certificate.
Class B-4 Distribution Amount: As to any Distribution Date, any
amount distributable to the Holders of the Class B-4 Certificates pursuant to
Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).
Class B-4 Interest Shortfall Amount: As to any Distribution Date,
any amount by which the Interest Accrual Amount of the Class B-4 Certificates
with respect to such Distribution Date exceeds the amount distributed in respect
of the Class B-4 Certificates on such Distribution Date pursuant to Paragraph
fourteenth of Section 4.01(a).
Class B-4 Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-4 Percentage of (A) the principal portion of
the Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-4 Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class B-4 Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and
(iv) the Class B-4 Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-4 Optimal Principal Amount
will equal the lesser of (A) the Class B-4 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-4 Certificates.
Class B-4 Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Percentage by (ii) a fraction, the numerator of which is the Class
B-4 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that
the Class B-4 Certificates are not eligible to receive distributions of
principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for
such Distribution Date will be zero.
Class B-4 Prepayment Percentage: As to any Distribution Date, except
as set forth in the next sentence, the percentage calculated by multiplying (i)
the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of
which is the Class B-4 Principal Balance (determined as of the Determination
Date preceding such Distribution Date) and the denominator of which is the sum
of the Principal Balances of the Classes of Class B Certificates eligible to
receive principal distributions for such Distribution Date in accordance with
the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii),
in the event that the Class B-4 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-4
Prepayment Percentage for such Distribution Date will be zero.
Class B-4 Principal Balance: As to the first Determination Date, the
Original Class B-4 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-4 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-4 Certificates on
prior Distribution Dates (A) pursuant to Paragraph sixteenth of Section 4.01(a)
and (B) as a result of a Principal Adjustment and (b) the Realized Losses
allocated through such Determination Date to the Class B-4 Certificates pursuant
to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the sum of the Class A Principal Balance, the Class B-1
Principal Balance, the Class B-2 Principal Balance and the Class B-3 Principal
Balance as of such Determination Date.
Class B-4 Unpaid Interest Shortfall: As to any Distribution Date,
the amount, if any, by which the aggregate of the Class B-4 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-4 Certificates on prior Distribution Dates pursuant to
Paragraph fifteenth of Section 4.01(a).
Class B-5 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit B-5 and
Exhibit C hereto.
Class B-5 Certificateholder: The registered holder of a Class B-5
Certificate.
Class B-5 Distribution Amount: As to any Distribution Date, any
amount distributable to the Holders of the Class B-5 Certificates pursuant to
Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).
Class B-5 Interest Shortfall Amount: As to any Distribution Date,
any amount by which the Interest Accrual Amount of the Class B-5 Certificates
with respect to such Distribution Date exceeds the amount distributed in respect
of the Class B-5 Certificates on such Distribution Date pursuant to Paragraph
seventeenth of Section 4.01(a).
Class B-5 Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-5 Percentage of (A) the principal portion of
the Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-5 Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class B-5 Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and
(iv) the Class B-5 Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-5 Optimal Principal Amount
will equal the lesser of (A) the Class B-5 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-5 Certificates.
Class B-5 Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Percentage by (ii) a fraction, the numerator of which is the Class
B-5 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that
the Class B-5 Certificates are not eligible to receive distributions of
principal in accordance with Section 4.01(d)(i), the Class B-5 Percentage for
such Distribution Date will be zero.
Class B-5 Prepayment Percentage: As to any Distribution Date, except
as set forth in the next sentence, the percentage calculated by multiplying (i)
the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of
which is the Class B-5 Principal Balance (determined as of the Determination
Date preceding such Distribution Date) and the denominator of which is the sum
of the Principal Balances of the Classes of Class B Certificates eligible to
receive principal distributions for such Distribution Date in accordance with
the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii),
in the event that the Class B-5 Certificates are not eligible to receive
distributions of principal in accordance with Section 4.01(d)(i), the Class B-5
Prepayment Percentage for such Distribution Date will be zero.
Class B-5 Principal Balance: As to the first Determination Date, the
Original Class B-5 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-5 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-5 Certificates on
prior Distribution Dates (A) pursuant to Paragraph nineteenth of Section 4.01(a)
and (B) as a result of a Principal Adjustment and (b) the Realized Losses
allocated through such Determination Date to the Class B-5 Certificates pursuant
to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding
Distribution Date less the sum of the Class A Principal Balance, the Class B-1
Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal
Balance and the Class B-4 Principal Balance as of such Determination Date.
Class B-5 Unpaid Interest Shortfall: As to any Distribution Date,
the amount, if any, by which the aggregate of the Class B-5 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-5 Certificates on prior Distribution Dates pursuant to
Paragraph eighteenth of Section 4.01(a).
Class B-6 Certificate: Any one of the Certificates executed by the
Trust Administrator and authenticated by the Trust Administrator or the
Authenticating Agent in substantially the form set forth in Exhibit B-6 and
Exhibit C hereto.
Class B-6 Certificateholder: The registered holder of a Class B-6
Certificate.
Class B-6 Distribution Amount: As to any Distribution Date, any
amount distributable to the Holders of the Class B-6 Certificates pursuant to
Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).
Class B-6 Interest Shortfall Amount: As to any Distribution Date,
any amount by which the Interest Accrual Amount of the Class B-6 Certificates
with respect to such Distribution Date exceeds the amount distributed in respect
of the Class B-6 Certificates on such Distribution Date pursuant to Paragraph
twentieth of Section 4.01(a).
Class B-6 Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of
(x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:
(i) the Class B-6 Percentage of (A) the principal portion of
the Monthly Payment due on the Due Date occurring in the month of such
Distribution Date on such Mortgage Loan, less (B) if the Bankruptcy Loss
Amount has been reduced to zero, the principal portion of any Debt Service
Reduction with respect to such Mortgage Loan;
(ii) the Class B-6 Prepayment Percentage of all Unscheduled
Principal Receipts that were received by a Servicer with respect to such
Mortgage Loan during the Applicable Unscheduled Principal Receipt Period
relating to such Distribution Date for each applicable type of Unscheduled
Principal Receipt;
(iii) the Class B-6 Prepayment Percentage of the Scheduled
Principal Balance of such Mortgage Loan which, during the month preceding
the month of such Distribution Date, was repurchased by the Seller
pursuant to Section 2.02 or 2.03; and
(iv) the Class B-6 Percentage of the excess of the unpaid
principal balance of such Mortgage Loan substituted for a defective
Mortgage Loan during the month preceding the month in which such
Distribution Date occurs over the unpaid principal balance of such
defective Mortgage Loan, less the amount allocable to the principal
portion of any unreimbursed Periodic Advances previously made by the
applicable Servicer, the Master Servicer or the Trust Administrator in
respect of such defective Mortgage Loan;
provided, however, that if an Optimal Adjustment Event occurs with respect to
such Class and such Distribution Date, the Class B-6 Optimal Principal Amount
will equal the lesser of (A) the Class B-6 Optimal Principal Amount calculated
as described in the preceding provisions and (B) the Adjusted Principal Balance
for the Class B-6 Certificates.
Class B-6 Percentage: As to any Distribution Date, except as set
forth in the next sentence, the percentage calculated by multiplying (i) the
Subordinated Percentage by (ii) a fraction, the numerator of which is the Class
B-6 Principal Balance (determined as of the Determination Date preceding such
Distribution Date) and the denominator of which is the sum of the Principal
Balances of the Classes of Class B Certificates eligible to receive principal
distributions for such Distribution Date in accordance with the provisions of
Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that
the Class B-6 Certificates are not eligible to receive distributions of
principal in accordance with the provisions of Section 4.01(d)(i), the Class B-6
Percentage for such Distribution Date will be zero.
Class B-6 Prepayment Percentage: As to any Distribution Date, except
as set forth in the next sentence, the percentage calculated by multiplying (i)
the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of
which is the Class B-6 Principal Balance (determined as of the Determination
Date preceding such Distribution Date) and the denominator of which is the sum
of the Principal Balances of the Classes of Class B Certificates eligible to
receive principal distributions for such Distribution Date in accordance with
the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii),
in the event that the Class B-6 Certificates are not eligible to receive
distributions of principal in accordance with the provisions of Section
4.01(d)(i), the Class B-6 Prepayment Percentage for such Distribution Date will
be zero.
Class B-6 Principal Balance: As to the first Determination Date, the
Original Class B-6 Principal Balance. As of any subsequent Determination Date,
the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a)
all amounts previously distributed in respect of the Class B-6 Certificates on
prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a)
and (b) the Realized Losses allocated through such Determination Date to the
Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool
Amount as of the preceding Distribution Date less the Class A Principal Balance,
the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3
Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal
Balance as of such Determination Date.
Class B-6 Unpaid Interest Shortfall: As to any Distribution Date,
the amount, if any, by which the aggregate of the Class B-6 Interest Shortfall
Amounts for prior Distribution Dates is in excess of the amounts distributed in
respect of the Class B-6 Certificates on prior Distribution Dates pursuant to
Paragraph twenty-first of Section 4.01(a).
Clearing Agency: An organization registered as a "clearing agency"
pursuant to Section 17A of the Securities Exchange Act of 1934, as amended. The
initial Clearing Agency shall be The Depository Trust Company.
Clearing Agency Participant: A broker, dealer, bank, financial
institution or other Person for whom a Clearing Agency effects book-entry
transfers of securities deposited with the Clearing Agency.
Closing Date: The date of initial issuance of the Certificates, as
set forth in Section 11.21.
Code: The Internal Revenue Code of 1986, as it may be amended from
time to time, any successor statutes thereto, and applicable U.S. Department of
the Treasury temporary or final regulations promulgated thereunder.
Compensating Interest: As to any Distribution Date, the lesser of
(a) the product of (i) 1/12th of 0.20% and (ii) the Pool Scheduled Principal
Balance for such Distribution Date and (b) the Available Master Servicing
Compensation for such Distribution Date.
Co-op Shares: Shares issued by private non-profit housing
corporations.
Corporate Trust Office: The principal office of the Trust
Administrator or the Trustee, as the case may be, at which at any particular
time its corporate trust business shall be administered, which office, with
respect to the Trust Administrator, at the date of the execution of this
instrument is located at 230 South Tryon Street, Charlotte, North Carolina 28288
and with respect to the Trustee, at the date of execution of this instrument is
located at 114 West 47th Street, New York, New York 10036.
Cross-Over Date: The Distribution Date preceding the first
Distribution Date on which the Class A Percentage (determined pursuant to clause
(ii) of the definition thereof) equals or exceeds 100%.
Cross-Over Date Interest Shortfall: With respect to any Distribution
Date that occurs on or after the Cross-Over Date with respect to any Unscheduled
Principal Receipt (other than a Prepayment in Full):
(A) in the case where the Applicable Unscheduled Principal
Receipt Period is the Mid-Month Receipt Period and such Unscheduled
Principal Receipt is received by the Servicer on or after the
Determination Date in the month preceding the month of such Distribution
Date but prior to the first day of the month of such Distribution Date,
the amount of interest that would have accrued at the Net Mortgage
Interest Rate on the amount of such Unscheduled Principal Receipt from the
day of its receipt or, if earlier, its application by the Servicer through
the last day of the month preceding the month of such Distribution Date;
and
(B) in the case where the Applicable Unscheduled Principal
Receipt Period is the Prior Month Receipt Period and such Unscheduled
Principal Receipt is received by the Servicer during the month preceding
the month of such Distribution Date, the amount of interest that would
have accrued at the Net Mortgage Interest Rate on the amount of such
Unscheduled Principal Receipt from the day of its receipt or, if earlier,
its application by the Servicer through the last day of the month in which
such Unscheduled Principal Receipt is received.
Current Class A Interest Distribution Amount: As to any Distribution
Date, the amount distributed in respect of the Classes of Class A Certificates
pursuant to Paragraph first of Section 4.01(a) on such Distribution Date.
Current Class B Interest Distribution Amount: As to any Distribution
Date, the amount distributed in respect of the Classes of Class B Certificates
pursuant to Paragraphs fifth, eighth, eleventh, fourteenth, seventeenth and
twentieth of Section 4.01(a) on such Distribution Date.
Current Class B-1 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-2, Class B-3, Class B-4, Class
B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal
Balance and the Class B Principal Balance. As to the first Distribution Date,
the Original Class B-1 Fractional Interest.
Current Class B-2 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-3, Class B-4, Class B-5 and
Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and
the Class B Principal Balance. As to the first Distribution Date, the Original
Class B-2 Fractional Interest.
Current Class B-3 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-4, Class B-5 and Class B-6
Certificates by the sum of the Class A Non-PO Principal Balance and the Class B
Principal Balance. As to the first Distribution Date, the Original Class B-3
Fractional Interest.
Current Class B-4 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the sum of the Principal Balances of the Class B-5 and Class B-6 Certificates by
the sum of the Class A Non-PO Principal Balance and the Class B Principal
Balance. As to the first Distribution Date, the Original Class B-4 Fractional
Interest.
Current Class B-5 Fractional Interest: As to any Distribution Date
subsequent to the first Distribution Date, the percentage obtained by dividing
the Principal Balance of the Class B-6 Certificates by the sum of the Class A
Non-PO Principal Balance and the Class B Principal Balance. As to the first
Distribution Date, the Original Class B-5 Fractional Interest.
Curtailment: Any Principal Prepayment made by a Mortgagor which is
not a Prepayment in Full.
Custodial Agreement: The Custodial Agreement, if any, from time to
time in effect between the Custodian named therein, the Seller, the Master
Servicer and the Trust Administrator, substantially in the form of Exhibit E
hereto, as the same may be amended or modified from time to time in accordance
with the terms thereof.
Custodial P&I Account: The Custodial P&I Account, as defined in each
of the Servicing Agreements, with respect to the Mortgage Loans. In determining
whether the Custodial P&I Account under any Servicing Agreement is "acceptable"
to the Master Servicer (as may be required by the definition of "Eligible
Account" contained in the Servicing Agreements), the Master Servicer shall
require that any such account shall be acceptable to each of the Rating
Agencies.
Custodian: Initially, the Trust Administrator, and thereafter the
Custodian, if any, hereafter appointed by the Trust Administrator pursuant to
Section 8.13, or its successor in interest under the Custodial Agreement. The
Custodian may (but need not) be the Trustee, the Trust Administrator or any
Person directly or indirectly controlling or controlled by or under common
control of either of them. Neither a Servicer, nor the Seller nor the Master
Servicer nor any Person directly or indirectly controlling or controlled by or
under common control with any such Person may be appointed Custodian.
Cut-Off Date: The first day of the month of initial issuance of the
Certificates as set forth in Section 11.02.
Cut-Off Date Aggregate Principal Balance: The aggregate of the
Cut-Off Date Principal Balances of the Mortgage Loans is as set forth in Section
11.03.
Cut-Off Date Principal Balance: As to each Mortgage Loan, its unpaid
principal balance as of the close of business on the Cut-Off Date (but without
giving effect to any Unscheduled Principal Receipts received or applied on the
Cut-Off Date), reduced by all payments of principal due on or before the Cut-Off
Date and not paid, and increased by scheduled monthly payments of principal due
after the Cut-Off Date but received by the related Servicer on or before the
Cut-Off Date.
DCR: Duff & Phelps Credit Rating Co., or its successor in interest.
Debt Service Reduction: With respect to any Mortgage Loan, a
reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of
competent jurisdiction in a proceeding under the Bankruptcy Code, except such a
reduction constituting a Deficient Valuation.
Deficient Valuation: With respect to any Mortgage Loan, a valuation
by a court of competent jurisdiction of the Mortgaged Property in an amount less
than the then-outstanding indebtedness under the Mortgage Loan, or any reduction
in the amount of principal to be paid in connection with any scheduled Monthly
Payment that results in a permanent forgiveness of principal, which valuation or
reduction results from a proceeding under the Bankruptcy Code.
Definitive Certificates: As defined in Section 5.01(b).
Denomination: The amount, if any, specified on the face of each
Certificate representing the principal portion of the Cut-Off Date Aggregate
Principal Balance evidenced by such Certificate.
Determination Date: The 17th day of the month in which the related
Distribution Date occurs, or if such 17th day is not a Business Day, the
Business Day preceding such 17th day.
Discount Mortgage Loan: A Mortgage Loan with a Net Mortgage Interest
Rate of less than 6.500%.
Distribution Date: The 25th day of any month, beginning in the month
following the month of initial issuance of the Certificates, or if such 25th day
is not a Business Day, the Business Day following such 25th day.
Dual Collateral Pledge Agreement: As defined in the NOVUS Servicing
Agreement.
Due Date: With respect to any Mortgage Loan, the day of the month in
which the Monthly Payment on such Mortgage Loan is scheduled to be paid.
Eligible Account: One or more accounts (i) that are maintained with
a depository institution (which may be the Master Servicer) whose long-term debt
obligations (or, in the case of a depository institution which is part of a
holding company structure, the long-term debt obligations of such parent holding
company) at the time of deposit therein are rated at least "AA" (or the
equivalent) by each of the Rating Agencies, (ii) the deposits in which are fully
insured by the FDIC through either the Bank Insurance Fund or the Savings
Association Insurance Fund, (iii) the deposits in which are insured by the FDIC
through either the Bank Insurance Fund or the Savings Association Insurance Fund
(to the limit established by the FDIC) and the uninsured deposits in which
accounts are otherwise secured, as evidenced by an Opinion of Counsel delivered
to the Trust Administrator, such that the Trust Administrator, on behalf of the
Certificateholders has a claim with respect to the funds in such accounts or a
perfected first security interest against any collateral securing such funds
that is superior to claims of any other depositors or creditors of the
depository institution with which such accounts are maintained, (iv) that are
trust accounts maintained with the trust department of a federal or state
chartered depository institution or trust company acting in its fiduciary
capacity or (v) such other account that is acceptable to each of the Rating
Agencies and would not cause the Trust Estate to fail to qualify as a REMIC or
result in the imposition of any federal tax on the REMIC.
Eligible Investments: At any time, any one or more of the following
obligations and securities which shall mature not later than the Business Day
preceding the Distribution Date next succeeding the date of such investment,
provided that such investments continue to qualify as "cash flow investments" as
defined in Code Section 860G(a)(6):
(i) obligations of the United States of America or any agency
thereof, provided such obligations are backed by the full faith and credit
of the United States of America;
(ii) general obligations of or obligations guaranteed by any
state of the United States of America or the District of Columbia
receiving the highest short-term or highest long-term rating of each
Rating Agency, or such lower rating as would not result in the downgrading
or withdrawal of the rating then assigned to any of the Certificates by
either Rating Agency or result in any of such rated Certificates being
placed on credit review status (other than for possible upgrading) by
either Rating Agency;
(iii) commercial or finance company paper which is then rated
in the highest long-term commercial or finance company paper rating
category of each Rating Agency or the highest short-term rating category
of each Rating Agency, or such lower rating category as would not result
in the downgrading or withdrawal of the rating then assigned to any of the
Certificates by either Rating Agency or result in any of such rated
Certificates being placed on credit review status (other than for possible
upgrading) by either Rating Agency;
(iv) certificates of deposit, demand or time deposits, federal
funds or banker's acceptances issued by any depository institution or
trust company incorporated under the laws of the United States or of any
state thereof and subject to supervision and examination by federal and/or
state banking authorities, provided that the commercial paper and/or debt
obligations of such depository institution or trust company (or in the
case of the principal depository institution in a holding company system,
the commercial paper or debt obligations of such holding company) are then
rated in the highest short-term or the highest long-term rating category
for such securities of each of the Rating Agencies, or such lower rating
categories as would not result in the downgrading or withdrawal of the
rating then assigned to any of the Certificates by either Rating Agency or
result in any of such rated Certificates being placed on credit review
status (other than for possible upgrading) by either Rating Agency;
(v) guaranteed reinvestment agreements issued by any bank,
insurance company or other corporation acceptable to each Rating Agency at
the time of the issuance of such agreements;
(vi) repurchase agreements on obligations with respect to any
security described in clauses (i) or (ii) above or any other security
issued or guaranteed by an agency or instrumentality of the United States
of America, in either case entered into with a depository institution or
trust company (acting as principal) described in (iv) above;
(vii) securities (other than stripped bonds or stripped coupon
securities) bearing interest or sold at a discount issued by any
corporation incorporated under the laws of the United States of America or
any state thereof which, at the time of such investment or contractual
commitment providing for such investment, are then rated in the highest
short-term or the highest long-term rating category by each Rating Agency,
or in such lower rating category as would not result in the downgrading or
withdrawal of the rating then assigned to any of the Certificates by
either Rating Agency or result in any of such rated Certificates being
placed on credit review status (other than for possible upgrading) by
either Rating Agency; and
(viii) such other investments acceptable to each Rating Agency
as would not result in the downgrading of the rating then assigned to the
Certificates by either Rating Agency or result in any of such rated
Certificates being placed on credit review status (other than for possible
upgrading) by either Rating Agency.
In no event shall an instrument be an Eligible Investment if such
instrument evidences either (i) a right to receive only interest payments with
respect to the obligations underlying such instrument, or (ii) both principal
and interest payments derived from obligations underlying such instrument and
the interest and principal payments with respect to such instrument provide a
yield to maturity at the date of investment of greater than 120% of the yield to
maturity at par of such underlying obligations.
ERISA: The Employee Retirement Income Security Act of 1974, as
amended.
ERISA Prohibited Holder: As defined in Section 5.02(d).
Errors and Omissions Policy: As defined in each of the Servicing
Agreements.
Event of Default: Any of the events specified in Section 7.01.
Excess Bankruptcy Loss: With respect to any Distribution Date and
any Mortgage Loan as to which a Bankruptcy Loss is realized in the month
preceding the month of such Distribution Date, (i) if the Aggregate Current
Bankruptcy Losses with respect to such Distribution Date exceed the
then-applicable Bankruptcy Loss Amount, then the portion of such Bankruptcy Loss
represented by the ratio of (a) the excess of the Aggregate Current Bankruptcy
Losses over the then-applicable Bankruptcy Loss Amount, divided by (b) the
Aggregate Current Bankruptcy Losses or (ii) if the Aggregate Current Bankruptcy
Losses with respect to such Distribution Date are less than or equal to the
then-applicable Bankruptcy Loss Amount, then zero. In addition, any Bankruptcy
Loss occurring with respect to a Mortgage Loan on or after the Cross-Over Date
will be an Excess Bankruptcy Loss.
Excess Fraud Loss: With respect to any Distribution Date and any
Mortgage Loan as to which a Fraud Loss is realized in the month preceding the
month of such Distribution Date, (i) if the Aggregate Current Fraud Losses with
respect to such Distribution Date exceed the then-applicable Fraud Loss Amount,
then the portion of such Fraud Loss represented by the ratio of (a) the excess
of the Aggregate Current Fraud Losses over the then-applicable Fraud Loss
Amount, divided by (b) the Aggregate Current Fraud Losses, or (ii) if the
Aggregate Current Fraud Losses with respect to such Distribution Date are less
than or equal to the then-applicable Fraud Loss Amount, then zero. In addition,
any Fraud Loss occurring with respect to a Mortgage Loan on or after the
Cross-Over Date will be an Excess Fraud Loss.
Excess Special Hazard Loss: With respect to any Distribution Date
and any Mortgage Loan as to which a Special Hazard Loss is realized in the month
preceding the month of such Distribution Date, (i) if the Aggregate Current
Special Hazard Losses with respect to such Distribution Date exceed the
then-applicable Special Hazard Loss Amount, then the portion of such Special
Hazard Loss represented by the ratio of (a) the excess of the Aggregate Current
Special Hazard Losses over the then-applicable Special Hazard Loss Amount,
divided by (b) the Aggregate Current Special Hazard Losses, or (ii) if the
Aggregate Current Special Hazard Losses with respect to such Distribution Date
are less than or equal to the then-applicable Special Hazard Loss Amount, then
zero. In addition, any Special Hazard Loss occurring with respect to a Mortgage
Loan on or after the Cross-Over Date will be an Excess Special Hazard Loss.
Exhibit F-1 Mortgage Loan: Any of the Mortgage Loans identified in
Exhibit F-1 hereto, as such Exhibit may be amended from time to time in
connection with a substitution pursuant to Section 2.02, which Mortgage Loan is
serviced in locations other than Frederick, Maryland under the Norwest Servicing
Agreement.
Exhibit F-2 Mortgage Loan: Any of the Mortgage Loans identified in
Exhibit F-2 hereto, as such Exhibit may be amended from time to time in
connection with a substitution pursuant to Section 2.02, which Mortgage Loan is
serviced in Frederick, Maryland under the Norwest Servicing Agreement.
Exhibit F-3 Mortgage Loan: Any of the Mortgage Loans identified in
Exhibit F-3 hereto, as such Exhibit may be amended from time to time in
connection with a substitution pursuant to Section 2.02, which Mortgage Loan is
serviced under an Other Servicing Agreement.
FDIC: The Federal Deposit Insurance Corporation or any successor
thereto.
FHLMC: The Federal Home Loan Mortgage Corporation or any successor
thereto.
Fidelity Bond: As defined in each of the Servicing Agreements.
Final Distribution Date: The Distribution Date on which the final
distribution in respect of the Certificates is made pursuant to Section 9.01.
Final Scheduled Maturity Date: The Final Scheduled Maturity Date for
the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7,
Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class
A-14, Class A-16, Class A-PO, Class A-R, Class B-1, Class B-2, Class B-3, Class
B-4, Class B-5 and Class B-6 Certificates is June 25, 2029 which corresponds to
the "latest possible maturity date" for purposes of Section 860G(a)(1) of the
Internal Revenue Code of 1986, as amended. The Final Scheduled Maturity Date for
the Class A-15 Certificates is November 25, 2013.
Fixed Retained Yield: The fixed percentage of interest on each
Mortgage Loan with a Mortgage Interest Rate greater than the sum of (a) 6.500%,
(b) the Servicing Fee Rate and (c) the Master Servicing Fee Rate, which will be
determined on a loan by loan basis and will equal the Mortgage Interest Rate on
each Mortgage Loan minus the sum of (a), (b) and (c), which is not assigned to
and not part of the Trust Estate.
Fixed Retained Yield Rate: With respect to each Mortgage Loan, a per
annum rate equal to the greater of (a) zero and (b) the Mortgage Interest Rate
on such Mortgage Loan minus the sum of (i) 6.500%, (ii) the Servicing Fee Rate
and (iii) the Master Servicing Fee Rate.
FNMA: Fannie Mae or any successor thereto.
Foreclosure Profits: As to any Distribution Date, the excess, if
any, of (i) Net Liquidation Proceeds in respect of each Mortgage Loan that
became a Liquidated Loan during the Applicable Unscheduled Principal Receipt
Period with respect to Full Unscheduled Principal Receipts for such Distribution
Date over (ii) the sum of the unpaid principal balance of each such Liquidated
Loan plus accrued and unpaid interest at the applicable Mortgage Interest Rate
on the unpaid principal balance thereof from the Due Date to which interest was
last paid by the Mortgagor (or, in the case of a Liquidated Loan that had been
an REO Mortgage Loan, from the Due Date to which interest was last deemed to
have been paid) to the first day of the month in which such Distribution Date
occurs.
Fraud Loss: A Liquidated Loan Loss as to which there was fraud in
the origination of such Mortgage Loan.
Fraud Loss Amount: As of any Distribution Date after the Cut-Off
Date an amount equal to: (X) prior to the first anniversary of the Cut-Off Date
an amount equal to $14,003,569.03 minus the aggregate amount of Fraud Losses
allocated solely to the Class B Certificates in accordance with Section 4.02(a)
since the Cut-Off Date, and (Y) from the first through fifth anniversary of the
Cut-Off Date, an amount equal to (1) the lesser of (a) the Fraud Loss Amount as
of the most recent anniversary of the Cut-Off Date and (b) 1.00% of the
aggregate outstanding principal balance of all of the Mortgage Loans as of the
most recent anniversary of the Cut-Off Date minus (2) the Fraud Losses allocated
solely to the Class B Certificates in accordance with Section 4.02(a) since the
most recent anniversary of the Cut-Off Date. On and after the Cross-Over Date or
after the fifth anniversary of the Cut-Off Date the Fraud Loss Amount shall be
zero.
Full Unscheduled Principal Receipt: Any Unscheduled Principal
Receipt with respect to a Mortgage Loan (i) in the amount of the outstanding
principal balance of such Mortgage Loan and resulting in the full satisfaction
of such Mortgage Loan or (ii) representing Liquidation Proceeds other than
Partial Liquidation Proceeds.
Holder: See "Certificateholder."
Independent: When used with respect to any specified Person, such
Person who (i) is in fact independent of the Seller, the Master Servicer and any
Servicer, (ii) does not have any direct financial interest or any material
indirect financial interest in the Seller or the Master Servicer or any Servicer
or in an affiliate of either, and (iii) is not connected with the Seller, the
Master Servicer or any Servicer as an officer, employee, promoter, underwriter,
trustee, trust administrator, partner, director or person performing similar
functions.
Insurance Policy: Any insurance or performance bond relating to a
Mortgage Loan or the Mortgage Loans, including any hazard insurance, special
hazard insurance, flood insurance, primary mortgage insurance, mortgagor
bankruptcy bond or title insurance.
Insurance Proceeds: Proceeds paid by any insurer pursuant to any
Insurance Policy covering a Mortgage Loan.
Insured Expenses: Expenses covered by any Insurance Policy covering
a Mortgage Loan.
Interest Accrual Amount: As to any Distribution Date and any Class
of Class A Certificates (other than the Class A-PO Certificates), (a) the
product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii)
the Principal Balance of such Class as of the Determination Date preceding such
Distribution Date minus (b) the Class A Interest Percentage of such Class of (i)
any Non-Supported Interest Shortfall allocated to the Class A Certificates with
respect to such Distribution Date, (ii) the interest portion of any Excess
Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
allocated to the Class A Certificates with respect to such Distribution Date
pursuant to Section 4.02(e) and (iii) the interest portion of any Realized
Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess
Bankruptcy Losses) allocated to the Class A Certificates on or after the
Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no
Interest Accrual Amount.
As to any Distribution Date and any Class of Class B Certificates,
an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate
and the Principal Balance of such Class as of the Determination Date preceding
such Distribution Date minus (ii) the Class B Interest Percentage of such Class
of (x) any Non-Supported Interest Shortfall allocated to the Class B
Certificates with respect to such Distribution Date and (y) the interest portion
of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy
Losses allocated to the Class B Certificates with respect to such Distribution
Date pursuant to Section 4.02(e).
Liquidated Loan: A Mortgage Loan with respect to which the related
Mortgaged Property has been acquired, liquidated or foreclosed and with respect
to which the applicable Servicer determines that all Liquidation Proceeds which
it expects to recover have been recovered.
Liquidated Loan Loss: With respect to any Distribution Date, the
aggregate of the amount of losses with respect to each Mortgage Loan which
became a Liquidated Loan during the Applicable Unscheduled Principal Receipt
Period with respect to Full Unscheduled Principal Receipts for such Distribution
Date, equal to the excess of (i) the unpaid principal balance of each such
Liquidated Loan, plus accrued interest thereon in accordance with the
amortization schedule at the time applicable thereto at the applicable Net
Mortgage Interest Rate from the Due Date as to which interest was last paid with
respect thereto through the last day of the month preceding the month in which
such Distribution Date occurs, over (ii) Net Liquidation Proceeds with respect
to such Liquidated Loan.
Liquidation Expenses: Expenses incurred by a Servicer in connection
with the liquidation of any defaulted Mortgage Loan or property acquired in
respect thereof (including, without limitation, legal fees and expenses,
committee or referee fees, and, if applicable, brokerage commissions and
conveyance taxes), any unreimbursed advances expended by such Servicer pursuant
to its Servicing Agreement or the Master Servicer or Trust Administrator
pursuant hereto respecting the related Mortgage Loan, including any unreimbursed
advances for real property taxes or for property restoration or preservation of
the related Mortgaged Property. Liquidation Expenses shall not include any
previously incurred expenses in respect of an REO Mortgage Loan which have been
netted against related REO Proceeds.
Liquidation Proceeds: Amounts received by a Servicer (including
Insurance Proceeds) in connection with the liquidation of defaulted Mortgage
Loans or property acquired in respect thereof, whether through foreclosure, sale
or otherwise, including payments in connection with such Mortgage Loans received
from the Mortgagor, other than amounts required to be paid to the Mortgagor
pursuant to the terms of the applicable Mortgage or to be applied otherwise
pursuant to law.
Loan-to-Value Ratio: The ratio, expressed as a percentage, the
numerator of which is the principal balance of a particular Mortgage Loan at
origination and the denominator of which is the lesser of (x) the appraised
value of the related Mortgaged Property determined in the appraisal used by the
originator at the time of origination of such Mortgage Loan, and (y) if the
Mortgage is originated in connection with a sale of the Mortgaged Property, the
sale price for such Mortgaged Property.
Master Servicer: Norwest Bank Minnesota, National Association, or
its successor in interest.
Master Servicing Fee: With respect to any Mortgage Loan and any
Distribution Date, the fee payable monthly to the Master Servicer pursuant to
Section 6.05 equal to a fixed percentage (expressed as a per annum rate) of the
unpaid principal balance of such Mortgage Loan.
Master Servicing Fee Rate: As set forth in Section 11.26.
Mid-Month Receipt Period: With respect to each Distribution Date,
the one month period beginning on the Determination Date (or, in the case of the
first Distribution Date, from and including the Cut-Off-Date) occurring in the
calendar month preceding the month in which such Distribution Date occurs and
ending on the day preceding the Determination Date immediately preceding such
Distribution Date.
MLCC Additional Collateral: The Additional Collateral, as defined in
the MLCC Servicing Agreement.
MLCC Additional Collateral Mortgage Loans: The Additional Collateral
Mortgage Loans, as defined in the MLCC Servicing Agreement.
MLCC Mortgage Loan Purchase Agreement: The master mortgage loan
purchase agreement dated as of April 1, 1998 between Merrill Lynch Credit
Corporation, as seller, and Norwest Funding, Inc., as purchaser.
MLCC Servicing Agreement: The Servicing Agreement executed by
Merrill Lynch Credit Corporation, as Servicer.
MLCC Surety Bond: The Surety Bond, as defined in the MLCC Servicing
Agreement.
Month End Interest: As defined in each Servicing Agreement or with
respect to the MLCC Servicing Agreement, the amount defined as "Compensating
Interest."
Monthly Payment: As to any Mortgage Loan (including any REO Mortgage
Loan) and any Due Date, the payment of principal and interest due thereon in
accordance with the amortization schedule at the time applicable thereto (after
adjustment for any Curtailments and Deficient Valuations occurring prior to such
Due Date but before any adjustment to such amortization schedule, other than for
Deficient Valuations, by reason of any bankruptcy or similar proceeding or any
moratorium or similar waiver or grace period).
Moody's: Moody's Investors Service, Inc., or its successor in
interest.
Mortgage: The mortgage, deed of trust or other instrument creating a
first lien on Mortgaged Property securing a Mortgage Note together with any
Mortgage Loan Rider, if applicable.
Mortgage 100sm Pledge Agreement: As defined in the MLCC Servicing
Agreement.
Mortgage Interest Rate: As to any Mortgage Loan, the per annum rate
at which interest accrues on the unpaid principal balance thereof as set forth
in the related Mortgage Note, which rate is as indicated on the Mortgage Loan
Schedule.
Mortgage Loan Purchase Agreement: The mortgage loan purchase
agreement dated as of May 27, 1999 between Norwest Mortgage, as seller, and the
Seller, as purchaser.
Mortgage Loan Rider: The standard FNMA/FHLMC riders to the Mortgage
Note and/or Mortgage riders required when the Mortgaged Property is a
condominium unit or a unit in a planned unit development.
Mortgage Loan Schedule: The list of the Mortgage Loans transferred
to the Trust Administrator on the Closing Date as part of the Trust Estate and
attached hereto as Exhibits F-1, F-2 and F-3, which list may be amended
following the Closing Date upon conveyance of a Substitute Mortgage Loan
pursuant to Section 2.02 or 2.03 and which list shall set forth at a minimum the
following information of the close of business on the Cut-Off Date (or, with
respect to Substitute Mortgage Loans, as of the close of business on the day of
substitution) as to each Mortgage Loan:
(i) the Mortgage Loan identifying number;
(ii) the city, state and zip code of the Mortgaged Property;
(iii) the type of property;
(iv) the Mortgage Interest Rate;
(v) the Net Mortgage Interest Rate;
(vi) the Monthly Payment;
(vii) the original number of months to maturity;
(viii) the scheduled maturity date;
(ix) the Cut-Off Date Principal Balance;
(x) the Loan-to-Value Ratio at origination;
(xi) whether such Mortgage Loan is a Subsidy Loan;
(xii) whether such Mortgage Loan is covered by primary
mortgage insurance;
(xiii) the Servicing Fee Rate;
(xiv) the Master Servicing Fee Rate;
(xv) Fixed Retained Yield, if applicable; and
(xvi) for each Exhibit F-3 Mortgage Loan, the name of the
Servicer with respect thereto.
Such schedule may consist of multiple reports that collectively set
forth all of the information required.
Mortgage Loans: Each of the mortgage loans transferred and assigned
to the Trust Administrator on the Closing Date pursuant to Section 2.01 and any
mortgage loans substituted therefor pursuant to Section 2.02 or 2.03, in each
case as from time to time are included in the Trust Estate as identified in the
Mortgage Loan Schedule.
Mortgage Note: The note or other evidence of indebtedness evidencing
the indebtedness of a Mortgagor under a Mortgage Loan together with any related
Mortgage Loan Riders, if applicable.
Mortgaged Property: The property subject to a Mortgage, which may
include Co-op Shares or residential long-term leases.
Mortgagor: The obligor on a Mortgage Note.
Net Foreclosure Profits: As to any Distribution Date, the amount, if
any, by which (i) Aggregate Foreclosure Profits with respect to such
Distribution Date exceed (ii) Liquidated Loan Losses with respect to such
Distribution Date.
Net Liquidation Proceeds: As to any defaulted Mortgage Loan,
Liquidation Proceeds net of Liquidation Expenses.
Net Mortgage Interest Rate: With respect to each Mortgage Loan, a
rate equal to (i) the Mortgage Interest Rate on such Mortgage Loan minus (ii)
the sum of (a) the Servicing Fee Rate, as set forth in Section 11.25 with
respect to such Mortgage Loan, (b) the Master Servicing Fee Rate, as set forth
in Section 11.26 with respect to such Mortgage Loan and (c) the Fixed Retained
Yield Rate, if any, with respect to such Mortgage Loan. Any regular monthly
computation of interest at such rate shall be based upon annual interest at such
rate on the applicable amount divided by twelve.
Net REO Proceeds: As to any REO Mortgage Loan, REO Proceeds net of
any related expenses of the Servicer.
Non-permitted Foreign Holder: As defined in Section 5.02(d).
Non-PO Fraction: With respect to any Mortgage Loan, the lesser of
(i) 1.00 and (ii) the quotient obtained by dividing the Net Mortgage Interest
Rate for such Mortgage Loan by 6.500%.
Nonrecoverable Advance: Any portion of a Periodic Advance previously
made or proposed to be made in respect of a Mortgage Loan which has not been
previously reimbursed to the Servicer, the Master Servicer or the Trust
Administrator, as the case may be, and which the Servicer, the Master Servicer
or the Trust Administrator determines will not, or in the case of a proposed
Periodic Advance would not, be ultimately recoverable from Liquidation Proceeds
or other recoveries in respect of the related Mortgage Loan. The determination
by the Servicer, the Master Servicer or the Trust Administrator (i) that it has
made a Nonrecoverable Advance or (ii) that any proposed Periodic Advance, if
made, would constitute a Nonrecoverable Advance, shall be evidenced by an
Officer's Certificate of the Servicer delivered to the Master Servicer for
redelivery to the Trust Administrator or, in the case of a Master Servicer or a
Trust Administrator determination, an Officer's Certificate of the Master
Servicer or the Trust Administrator delivered to the Trustee, in each case
detailing the reasons for such determination.
Non-Supported Interest Shortfall: With respect to any Distribution
Date, the excess, if any, of the aggregate Prepayment Interest Shortfall on the
Mortgage Loans over the aggregate Compensating Interest with respect to such
Distribution Date. With respect to each Distribution Date occurring on or after
the Cross-Over Date, the Non-Supported Interest Shortfall determined pursuant to
the preceding sentence will be increased by the amount of any Cross-Over Date
Interest Shortfall for such Distribution Date. Any Non-Supported Interest
Shortfall will be allocated to (a) the Class A Certificates according to the
percentage obtained by dividing the Class A Non-PO Principal Balance by the sum
of the Class A Non-PO Principal Balance and the Class B Principal Balance and
(b) the Class B Certificates according to the percentage obtained by dividing
the Class B Principal Balance by the sum of the Class A Non-PO Principal Balance
and the Class B Principal Balance.
Non-U.S. Person: As defined in Section 4.01(f).
Norwest Mortgage: Norwest Mortgage, Inc., or its successor in
interest.
Norwest Mortgage Correspondents: The entities listed on the Mortgage
Loan Schedule, from which Norwest Mortgage purchased the Mortgage Loans.
Norwest Servicing Agreement: The Servicing Agreement providing for
the servicing of the Exhibit F-1 Mortgage Loans and Exhibit F-2 Mortgage Loans
initially by Norwest Mortgage.
NOVUS Additional Collateral: The Additional Collateral, as defined
in the NOVUS Servicing Agreement.
NOVUS Additional Collateral Mortgage Loans: The Additional
Collateral Mortgage Loans, as defined in the NOVUS Servicing Agreement.
NOVUS Servicing Agreement: The Servicing Agreement executed by
NOVUS, as Servicer.
NOVUS Surety Bond: The Surety Bond, as defined in the NOVUS
Servicing Agreement.
Officers' Certificate: With respect to any Person, a certificate
signed by the Chairman of the Board, the President or a Vice President, and by
the Treasurer, the Secretary or one of the Assistant Treasurers or Assistant
Secretaries of such Person (or, in the case of a Person which is not a
corporation, signed by the person or persons having like responsibilities), and
delivered to the Trustee or the Trust Administrator, as the case may be.
Opinion of Counsel: A written opinion of counsel, who may be outside
or salaried counsel for the Seller, a Servicer or the Master Servicer, or any
affiliate of the Seller, a Servicer or the Master Servicer, acceptable to the
Trustee if such opinion is to be delivered to the Trustee, or acceptable to the
Trust Administrator if such opinion is to be delivered to the Trust
Administrator; provided, however, that with respect to REMIC matters, matters
relating to the determination of Eligible Accounts or matters relating to
transfers of Certificates, such counsel shall be Independent.
Optimal Adjustment Event: With respect to any Class of Class B
Certificates and any Distribution Date, an Optimal Adjustment Event will occur
with respect to such Class if: (i) the Principal Balance of such Class on the
Determination Date succeeding such Distribution Date would have been reduced to
zero (regardless of whether such Principal Balance was reduced to zero as a
result of principal distribution or the allocation of Realized Losses) and (ii)
(a) the Principal Balance of any Class of Class A Certificates would be subject
to further reduction as a result of the third or fifth sentences of the
definition of Principal Balance or (b) the Principal Balance of a Class of Class
B Certificates with a lower numerical designation would be reduced with respect
to such Distribution Date as a result of the application of clause (ii) of the
definition of Class B-1 Principal Balance, Class B-2 Principal Balance, Class
B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance
or Class B-6 Principal Balance.
Original Class A Percentage: The Class A Percentage as of the
Cut-Off Date, as set forth in Section 11.04.
Original Class A Non-PO Principal Balance: The sum of the Original
Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5,
Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12,
Class A-13, Class A-14, Class A-15 Class A-16 and Class A-R Certificates, as set
forth in Section 11.06.
Original Class B Principal Balance: The sum of the Original Class
B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3
Principal Balance, Original Class B-4 Principal Balance, Original Class B-5
Principal Balance and Original Class B-6 Principal Balance, as set forth in
Section 11.14.
Original Class B-1 Fractional Interest: As to the first Distribution
Date, the percentage obtained by dividing the sum of the Original Class B-2
Principal Balance, the Original Class B-3 Principal Balance, the Original Class
B-4 Principal Balance, Original Class B-5 Principal Balance and the Original
Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal
Balance and the Original Class B Principal Balance. The Original Class B-1
Fractional Interest is specified in Section 11.16.
Original Class B-2 Fractional Interest: As to the first Distribution
Date, the percentage obtained by dividing the sum of the Original Class B-3
Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5
Principal Balance and the Original Class B-6 Principal Balance by the sum of the
Original Class A Non-PO Principal Balance and the Original Class B Principal
Balance. The Original Class B-2 Fractional Interest is specified in Section
11.17.
Original Class B-3 Fractional Interest: As to the first Distribution
Date, the percentage obtained by dividing the sum of the Original Class B-4
Principal Balance, the Original Class B-5 Principal Balance and the Original
Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal
Balance and the Original Class B Principal Balance. The Original Class B-3
Fractional Interest is specified in Section 11.18.
Original Class B-4 Fractional Interest: As to the first Distribution
Date, the percentage obtained by dividing the sum of the Original Class B-5
Principal Balance and the Original Class B-6 Principal Balance by the sum of the
Original Class A Non-PO Principal Balance and the Original Class B Principal
Balance. The Original Class B-4 Fractional Interest is specified in Section
11.19.
Original Class B-5 Fractional Interest: As to the first Distribution
Date, the percentage obtained by dividing the Original Class B-6 Principal
Balance by the sum of the Original Class A Non-PO Principal Balance and the
Original Class B Principal Balance. The Original Class B-5 Fractional Interest
is specified in Section 11.20.
Original Class B-1 Percentage: The Class B-1 Percentage as of the
Cut-Off Date, as set forth in Section 11.08.
Original Class B-2 Percentage: The Class B-2 Percentage as of the
Cut-Off Date, as set forth in Section 11.09.
Original Class B-3 Percentage: The Class B-3 Percentage as of the
Cut-Off Date, as set forth in Section 11.10.
Original Class B-4 Percentage: The Class B-4 Percentage as of the
Cut-Off Date, as set forth in Section 11.11.
Original Class B-5 Percentage: The Class B-5 Percentage as of the
Cut-Off Date, as set forth in Section 11.12.
Original Class B-6 Percentage: The Class B-6 Percentage as of the
Cut-Off Date, as set forth in Section 11.13.
Original Class B-1 Principal Balance: The Class B-1 Principal
Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Class B-2 Principal Balance: The Class B-2 Principal
Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Class B-3 Principal Balance: The Class B-3 Principal
Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Class B-4 Principal Balance: The Class B-4 Principal
Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Class B-5 Principal Balance: The Class B-5 Principal
Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Class B-6 Principal Balance: The Class B-6 Principal
Balance as of the Cut-Off Date, as set forth in Section 11.15.
Original Principal Balance: Any of the Original Principal Balances
of the Classes of Class A Certificates as set forth in Section 11.05; the
Original Class B-1 Principal Balance, Original Class B-2 Principal Balance,
Original Class B-3 Principal Balance, Original Class B-4 Principal Balance,
Original Class B-5 Principal Balance or Original Class B-6 Principal Balance as
set forth in Section 11.15.
Original Subordinated Percentage: The Subordinated Percentage as of
the Cut-Off Date, as set forth in Section 11.07.
Other Servicer: Any of the Servicers other than Norwest Mortgage.
Other Servicing Agreements: The Servicing Agreements other than the
Norwest Servicing Agreement.
Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan
(including an REO Mortgage Loan) which was not the subject of a Full Unscheduled
Principal Receipt prior to such Due Date and which was not repurchased by the
Seller prior to such Due Date pursuant to Section 2.02 or 2.03.
Owner Mortgage Loan File: A file maintained by the Trust
Administrator (or the Custodian, if any) for each Mortgage Loan that contains
the documents specified in the Servicing Agreements or, in the case of each
Mortgage Loan serviced by Bank United or Merrill Lynch Credit Corporation, the
documents specified in the Bank United Mortgage Loan Sale Agreement and the MLCC
Mortgage Loan Purchase Agreement under their respective "Owner Mortgage Loan
File" definition or similar definition and/or other provisions requiring
delivery of specified documents to the owner of the Mortgage Loan in connection
with the purchase thereof, and any additional documents required to be added to
the Owner Mortgage Loan File pursuant to this Agreement.
Parent Power(R) Guaranty Agreement for Real Estate: As defined in
the MLCC Servicing Agreement.
Parent Power(R) Guaranty and Security Agreement for Security
Account: As defined in the MLCC Servicing Agreement.
Partial Liquidation Proceeds: Liquidation Proceeds received by a
Servicer prior to the month in which the related Mortgage Loan became a
Liquidated Loan.
Partial Unscheduled Principal Receipt: An Unscheduled Principal
Receipt which is not a Full Unscheduled Principal Receipt.
Paying Agent: The Person authorized on behalf of the Trustee, as
agent for the Master Servicer, to make distributions to Certificateholders with
respect to the Certificates and to forward to Certificateholders the periodic
and annual statements required by Section 4.04. The Paying Agent may be any
Person directly or indirectly controlling or controlled by or under common
control with the Master Servicer and may be the Trustee or the Trust
Administrator. The initial Paying Agent is appointed in Section 4.03(a).
Payment Account: The account maintained pursuant to Section 4.03(b).
Percentage Interest: With respect to a Class A Certificate of a
Class, the undivided percentage interest obtained by dividing the original
principal balance of such Certificate by the Original Principal Balance of such
Class of Class A Certificates. With respect to a Class B Certificate of a Class,
the undivided percentage interest obtained by dividing the original principal
balance of such Certificate by the Original Principal Balance of such Class of
Class B Certificates.
Periodic Advance: The aggregate of the advances required to be made
by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by
the Master Servicer or the Trust Administrator hereunder, the amount of any such
advances being equal to the total of all Monthly Payments (adjusted, in each
case (i) in respect of interest, to the applicable Mortgage Interest Rate less
the applicable Servicing Fee in the case of Periodic Advances made by a Servicer
and to the applicable Net Mortgage Interest Rate in the case of Periodic
Advances made by the Master Servicer or Trust Administrator and (ii) by the
amount of any related Debt Service Reductions or reductions in the amount of
interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors'
Civil Relief Act of 1940, as amended, or similar legislation or regulations then
in effect) on the Mortgage Loans, that (x) were delinquent as of the close of
business on the related Determination Date, (y) were not the subject of a
previous Periodic Advance by such Servicer or of a Periodic Advance by the
Master Servicer or the Trust Administrator, as the case may be and (z) have not
been determined by the Master Servicer, such Servicer or Trust Administrator to
be Nonrecoverable Advances.
Person: Any individual, corporation, partnership, joint venture,
association, joint-stock company, trust, unincorporated organization or
government or any agency or political subdivision thereof.
Plan: As defined in Section 5.02(c).
PO Fraction: With respect to any Discount Mortgage Loan, the
difference between 1.0 and the Non-PO Fraction for such Mortgage Loan; with
respect to any other Mortgage Loan, zero.
Pool Balance (Non-PO Portion): As of any Distribution Date, the sum
of the amounts for each Mortgage Loan that is an Outstanding Mortgage Loan of
the product of (i) the Non-PO Fraction for such Mortgage Loan and (ii) the
Scheduled Principal Balance of such Mortgage Loan.
Pool Balance (PO Portion): As of any Distribution Date, the sum of
the amounts for each Mortgage Loan that is an Outstanding Mortgage Loan of the
product of (i) the PO Fraction for such Mortgage Loan and (ii) the Scheduled
Principal Balance of such Mortgage Loan.
Pool Distribution Amount: As of any Distribution Date, the funds
eligible for distribution to the Holders of the Certificates on such
Distribution Date, which shall be the sum of (i) all previously undistributed
payments or other receipts on account of principal and interest on or in respect
of the Mortgage Loans (including, without limitation, the proceeds of any
repurchase of a Mortgage Loan by the Seller and any Substitution Principal
Amount) received by the Master Servicer with respect to the applicable
Remittance Date in the month of such Distribution Date and any Unscheduled
Principal Receipts received by the Master Servicer on or prior to the Business
Day preceding such Distribution Date, (ii) all Periodic Advances made by a
Servicer pursuant to the related Servicing Agreement or Periodic Advances made
by the Master Servicer or the Trust Administrator pursuant to Section 3.03 and
(iii) all other amounts required to be placed in the Certificate Account by the
Servicer on or before the applicable Remittance Date or by the Master Servicer
or the Trust Administrator on or prior to the Distribution Date, but excluding
the following:
(a) amounts received as late payments of principal or interest
and respecting which the Master Servicer or the Trust Administrator has
made one or more unreimbursed Periodic Advances;
(b) the portion of Liquidation Proceeds used to reimburse any
unreimbursed Periodic Advances by the Master Servicer or the Trust
Administrator;
(c) those portions of each payment of interest on a particular
Mortgage Loan which represent (i) the Fixed Retained Yield, if any, (ii)
the Servicing Fee and (iii) the Master Servicing Fee;
(d) all amounts representing scheduled payments of principal
and interest due after the Due Date occurring in the month in which such
Distribution Date occurs;
(e) all Unscheduled Principal Receipts received by the
Servicers after the Applicable Unscheduled Principal Receipt Period
relating to the Distribution Date for the applicable type of Unscheduled
Principal Receipt, and all related payments of interest on such amounts;
(f) all repurchase proceeds with respect to Mortgage Loans
repurchased by the Seller pursuant to Section 2.02 or 2.03 on or following
the Due Date in the month in which such Distribution Date occurs and the
difference between the unpaid principal balance of such Mortgage Loan
substituted for a defective Mortgage Loan during the month preceding the
month in which such Distribution Date occurs and the unpaid principal
balance of such defective Mortgage Loan;
(g) that portion of Liquidation Proceeds and REO Proceeds
which represents any unpaid Servicing Fee or Master Servicing Fee;
(h) all income from Eligible Investments that is held in the
Certificate Account for the account of the Master Servicer;
(i) all other amounts permitted to be withdrawn from the
Certificate Account in respect of the Mortgage Loans, to the extent not
covered by clauses (a) through (h) above, or not required to be deposited
in the Certificate Account under this Agreement;
(j) Net Foreclosure Profits;
(k) Month End Interest; and
(l) the amount of any Recoveries in respect of principal which
had previously been allocated as a loss to one or more Classes of the
Class A or Class B Certificates pursuant to Section 4.02 other than
Recoveries covered by the last sentence of Section 4.02(d).
Pool Scheduled Principal Balance: As to any Distribution Date, the
aggregate Scheduled Principal Balances of all Mortgage Loans that were
Outstanding Mortgage Loans on the Due Date in the month preceding the month of
such Distribution Date.
Premium Mortgage Loan: A Mortgage Loan with a Net Mortgage Interest
Rate of 6.500% or greater.
Prepayment In Full: With respect to any Mortgage Loan, a Mortgagor
payment consisting of a Principal Prepayment in the amount of the outstanding
principal balance of such loan and resulting in the full satisfaction of such
obligation.
Prepayment Interest Shortfall: On any Distribution Date, the amount
of interest, if any, that would have accrued on any Mortgage Loan which was the
subject of a Prepayment in Full at the Net Mortgage Interest Rate for such
Mortgage Loan from the date of its Prepayment in Full (but in the case of a
Prepayment in Full where the Applicable Unscheduled Principal Receipt Period is
the Mid-Month Receipt Period, only if the date of the Prepayment in Full is on
or after the Determination Date in the month prior to the month of such
Distribution Date and prior to the first day of the month of such Distribution
Date) through the last day of the month prior to the month of such Distribution
Date.
Principal Adjustment: In the event that the Class B-1 Optimal
Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal
Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal
Principal Amount or Class B-6 Optimal Principal Amount is calculated in
accordance with the proviso in such definition with respect to any Distribution
Date, the Principal Adjustment for such Class of Class B Certificates shall
equal the difference between (i) the amount that would have been distributed to
such Class as principal in accordance with Section 4.01(a) for such Distribution
Date, calculated without regard to such proviso and assuming there are no
Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal
Balance for such Class.
Principal Balance: As of the first Determination Date and as to any
Class of Class A Certificates, the Original Principal Balance of such Class. As
of any subsequent Determination Date prior to the Cross-Over Date and as to any
Class of Class A Certificates (other than the Class A-PO Certificates), the
Original Principal Balance of such Class (increased in the case of the Accrual
Certificates by the Accrual Distribution Amount with respect to prior
Distribution Dates for such Accrual Certificates) less the sum of (a) all
amounts previously distributed in respect of such Class on prior Distribution
Dates (i) pursuant to Paragraph third clause (A) of Section 4.01(a), (ii) as a
result of a Principal Adjustment and (iii), if applicable, from the Accrual
Distribution Amounts for such prior Distribution Dates and (b) the Realized
Losses allocated through such Determination Date to such Class pursuant to
Section 4.02(b). After the Cross-Over Date, each such Principal Balance will
also be reduced (a "Loss Reduction") on each Determination Date by an amount
equal to the product of the Class A Loss Percentage of such Class and the
excess, if any, of (i) the Class A Non-PO Principal Balance as of such
Determination Date without regard to this sentence over (ii) the difference
between (A) the Adjusted Pool Amount for the preceding Distribution Date and (B)
the Adjusted Pool Amount (PO Portion) for the preceding Distribution Date;
provided, however, that the amount of any such Loss Reductions for the Class A-4
Certificates with respect to a Distribution Date will be decreased, by the Class
A-16 Loss Allocation Amount. After the Cross-Over Date, the Principal Balance
for the Class A-16 Certificates will additionally be reduced by the Class A-16
Loss Allocation Amount..
As of any subsequent Determination Date prior to the Cross-Over Date
and as to the Class A-PO Certificates, the Original Principal Balance of such
Class less the sum of (a) all amounts previously distributed in respect of the
Class A-PO Certificates on prior Distribution Dates pursuant to Paragraphs third
clause (B) and fourth of Section 4.01(a) and (b) the Realized Losses allocated
through such Determination Date to the Class A-PO Certificates pursuant to
Section 4.02(b). After the Cross-Over Date, such Principal Balance will also be
reduced on each Determination Date by an amount equal to the difference, if any,
between such Principal Balance as of such Determination Date without regard to
this sentence and the Adjusted Pool Amount (PO Portion) for the preceding
Distribution Date.
As to the Class B Certificates, the Class B-1 Principal Balance,
Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal
Balance, Class B-5 Principal Balance and Class B-6 Principal Balance,
respectively.
Principal Prepayment: Any Mortgagor payment on a Mortgage Loan which
is received in advance of its Due Date and is not accompanied by an amount
representing scheduled interest for any period subsequent to the date of
prepayment.
Prior Month Receipt Period: With respect to each Distribution Date,
the calendar month preceding the month in which such Distribution Date occurs.
Priority Amount: For any Distribution Date, the lesser of (i) the
sum of the Principal Balances of the Class A-5 and Class A-16 Certificates and
(ii) the product of (1) the Priority Percentage, (2) the Shift Percentage and
(3) the sum of the Scheduled Principal Amount and the Unscheduled Principal
Amount.
Priority Percentage: The (i) sum of the Principal Balances of the
Class A-5 and Class A-16 Certificates divided by the Class A Non-PO Principal
Balance.
Prohibited Transaction Tax: Any tax imposed under Section 860F of
the Code.
Prudent Servicing Practices: The standard of care set forth in each
Servicing Agreement.
Rating Agency: Any nationally recognized statistical credit rating
agency, or its successor, that rated one or more Classes of the Certificates at
the request of the Seller at the time of the initial issuance of the
Certificates. The Rating Agencies for the Class A Certificates are DCR and
Moody's. The Rating Agency for the Class B-1, Class B-2, Class B-3, Class B-4
and Class B-5 Certificates is DCR. If any such agency or a successor is no
longer in existence, "Rating Agency" shall be such statistical credit rating
agency, or other comparable Person, designated by the Seller, notice of which
designation shall be given to the Trustee, the Trust Administrator and the
Master Servicer. References herein to the highest short-term rating category of
a Rating Agency shall mean D-1+ in the case of DCR, P-1 in the case of Moody's
and in the case of any other Rating Agency shall mean its equivalent of such
ratings. References herein to the highest long-term rating categories of a
Rating Agency shall mean AAA in the case of DCR, Aaa in the case of Moody's, and
in the case of any other Rating Agency shall mean its equivalent of such rating
without any plus or minus.
Realized Losses: With respect to any Distribution Date, (i)
Liquidated Loan Losses (including Special Hazard Losses and Fraud Losses) and
(ii) Bankruptcy Losses incurred in the month preceding the month of such
Distribution Date.
Record Date: The last Business Day of the month preceding the month
of the related Distribution Date.
Recovery: Any amount received on a Mortgage Loan subsequent to such
Mortgage Loan being determined to be a Liquidated Loan.
Relevant Anniversary: See "Bankruptcy Loss Amount."
REMIC: A "real estate mortgage investment conduit" as defined in
Code Section 860D. "The REMIC" means the REMIC constituted by the Trust Estate.
REMIC Provisions: Provisions of the federal income tax law relating
to REMICs, which appear at Sections 860A through 860G of Part IV of Subchapter M
of Chapter 1 of Subtitle A of the Code, and related provisions, and U.S.
Department of the Treasury temporary, proposed or final regulations promulgated
thereunder, as the foregoing are in effect (or with respect to proposed
regulations, are proposed to be in effect) from time to time.
Remittance Date: As defined in each of the Servicing Agreements.
REO Mortgage Loan: Any Mortgage Loan which is not a Liquidated Loan
and as to which the indebtedness evidenced by the related Mortgage Note is
discharged and the related Mortgaged Property is held as part of the Trust
Estate.
REO Proceeds: Proceeds received in respect of any REO Mortgage Loan
(including, without limitation, proceeds from the rental of the related
Mortgaged Property).
Request for Release: A request for release in substantially the form
attached as Exhibit G hereto.
Responsible Officer: When used with respect to the Trustee or the
Trust Administrator, the Chairman or Vice-Chairman of the Board of Directors or
Trustees, the Chairman or Vice-Chairman of the Executive or Standing Committee
of the Board of Directors or Trustees, the President, the Chairman of the
Committee on Trust Matters, any Vice President, the Secretary, any Assistant
Secretary, the Treasurer, any Assistant Treasurer, the Cashier, any Assistant
Cashier, any Trust Officer or Assistant Trust Officer, the Controller and any
Assistant Controller or any other officer of the Trustee or the Trust
Administrator, as the case may be, customarily performing functions similar to
those performed by any of the above-designated officers and also, with respect
to a particular matter, any other officer to whom such matter is referred
because of such officer's knowledge of and familiarity with the particular
subject.
Rule 144A: Rule 144A promulgated under the Securities Act of 1933,
as amended.
Scheduled Principal Amount: The sum for each outstanding Mortgage
Loan (including each defaulted Mortgage Loan, other than a Liquidated Loan, with
respect to which the related Mortgaged Property has been acquired by the Trust
Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B)
the sum of the amounts described in clauses y(i) and y(iv) of the definition of
Class A Non-PO Optimal Principal Amount.
Scheduled Principal Balance: As to any Mortgage Loan and
Distribution Date, the principal balance of such Mortgage Loan as of the Due
Date in the month preceding the month of such Distribution Date as specified in
the amortization schedule at the time relating thereto (before any adjustment to
such amortization schedule by reason of any bankruptcy (other than Deficient
Valuations) or similar proceeding or any moratorium or similar waiver or grace
period) after giving effect to (A) Unscheduled Principal Receipts received or
applied by the applicable Servicer during the related Unscheduled Principal
Receipt Period for each applicable type of Unscheduled Principal Receipt related
to the Distribution Date occurring in the month preceding such Distribution
Date, (B) Deficient Valuations incurred prior to such Due Date and (C) the
payment of principal due on such Due Date and irrespective of any delinquency in
payment by the related Mortgagor. Accordingly, the Scheduled Principal Balance
of a Mortgage Loan which becomes a Liquidated Loan at any time through the last
day of such related Unscheduled Principal Receipt Period shall be zero.
Seller: Norwest Asset Securities Corporation, or its successor in
interest.
Servicer Mortgage Loan File: As defined in each of the Servicing
Agreements.
Servicers: Each of Norwest Mortgage, Inc., First Union Mortgage
Corporation, Merrill Lynch Credit Corporation, Bank United, Marine Midland
Mortgage Corporation, Countrywide Home Loans, Inc., NOVUS Financial Corporation,
The Huntington Mortgage Company, National City Mortgage Company, FT Mortgage
Companies, Hibernia National Bank, HomeSide Lending, Plymouth Savings Bank and
SunTrust Mortgage, Inc., as Servicer under the related Servicing Agreement.
Servicing Agreements: Each of the Servicing Agreements executed with
respect to a portion of the Mortgage Loans by one of the Servicers, which
agreements are attached hereto, collectively, as Exhibit L.
Servicing Fee: With respect to any Servicer, as defined in its
Servicing Agreement.
Servicing Fee Rate: With respect to a Mortgage Loan, as set forth in
Section 11.25.
Servicing Officer: Any officer of a Servicer involved in, or
responsible for, the administration and servicing of the Mortgage Loans.
Shift Percentage: As to any Distribution Date, the percentage
indicated below:
DISTRIBUTION DATE OCCURRING IN SHIFT PERCENTAGE
------------------------------ ----------------
June 1999 through May 2004...................... 0%
June 2004 through May 2005...................... 30%
June 2005 through May 2006...................... 40%
June 2006 through May 2007...................... 60%
June 2007 through May 2008...................... 80%
June 2008 and thereafter........................ 100%
Similar Law: As defined in Section 5.02(c).
Single Certificate: A Certificate of any Class that evidences the
smallest permissible Denomination for such Class, as set forth in Section 11.24.
Special Hazard Loss: (i) A Liquidated Loan Loss suffered by a
Mortgaged Property on account of direct physical loss, exclusive of (a) any loss
covered by a hazard policy or a flood insurance policy maintained in respect of
such Mortgaged Property pursuant to a Servicing Agreement and (b) any loss
caused by or resulting from:
(1) normal wear and tear;
(2) infidelity, conversion or other dishonest act on the part
of the Trustee, the Trust Administrator or the Servicer or any of their
agents or employees; or
(3) errors in design, faulty workmanship or faulty materials,
unless the collapse of the property or a part thereof ensues;
or (ii) any Liquidated Loan Loss suffered by the Trust Estate arising from or
related to the presence or suspected presence of hazardous wastes or hazardous
substances on a Mortgaged Property unless such loss to a Mortgaged Property is
covered by a hazard policy or a flood insurance policy maintained in respect of
such Mortgaged Property pursuant to the Servicing Agreement.
Special Hazard Loss Amount: As of any Distribution Date, an amount
equal to $7,001,784.52 minus the sum of (i) the aggregate amount of Special
Hazard Losses allocated solely to the Class B Certificates in accordance with
Section 4.02(a) and (ii) the Special Hazard Adjustment Amount (as defined below)
as most recently calculated. For each anniversary of the Cut-Off Date, the
Special Hazard Adjustment Amount shall be calculated and shall be equal to the
amount, if any, by which the amount calculated in accordance with the preceding
sentence (without giving effect to the deduction of the Special Hazard
Adjustment Amount for such anniversary) exceeds the greater of (A) the product
of the Special Hazard Percentage for such anniversary multiplied by the
outstanding principal balance of all the Mortgage Loans on the Distribution Date
immediately preceding such anniversary, (B) twice the outstanding principal
balance of the Mortgage Loan in the Trust Estate which has the largest
outstanding principal balance on the Distribution Date immediately preceding
such anniversary and (C) that which is necessary to maintain the original
ratings on the Certificates as evidenced by letters to that effect delivered by
Rating Agencies to the Master Servicer and the Trust Administrator. On and after
the Cross-Over Date, the Special Hazard Loss Amount shall be zero.
Special Hazard Percentage: As of each anniversary of the Cut-Off
Date, the greater of (i) 1.00% and (ii) the largest percentage obtained by
dividing the aggregate outstanding principal balance (as of the immediately
preceding Distribution Date) of the Mortgage Loans secured by Mortgaged
Properties located in a single, five-digit zip code area in the State of
California by the outstanding principal balance of all the Mortgage Loans as of
the immediately preceding Distribution Date.
Startup Day: As defined in Section 2.05.
Subordinated Percentage: As to any Distribution Date, the percentage
which is the difference between 100% and the Class A Percentage for such date.
Subordinated Prepayment Percentage: As to any Distribution Date, the
percentage which is the difference between 100% and the Class A Prepayment
Percentage for such date.
Subsidy Loan: Any Mortgage Loan subject to a temporary interest
subsidy agreement pursuant to which the monthly interest payments made by the
related Mortgagor will be less than the scheduled monthly interest payments on
such Mortgage Loan, with the resulting difference in interest payments being
provided by the employer of the Mortgagor. Each Subsidy Loan will be identified
as such in the Mortgage Loan Schedule.
Substitute Mortgage Loan: As defined in Section 2.02.
Substitution Principal Amount: With respect to any Mortgage Loan
substituted in accordance with Section 2.02 or pursuant to Section 2.03, the
excess of (x) the unpaid principal balance of the Mortgage Loan which is
substituted for over (y) the unpaid principal balance of the Substitute Mortgage
Loan, each balance being determined as of the date of substitution.
Trust Administrator: First Union National Bank, a national banking
association with its principal office located in Charlotte, North Carolina, or
any successor trust administrator appointed as herein provided.
Trust Estate: The corpus of the trust created by this Agreement,
consisting of the Mortgage Loans (other than any Fixed Retained Yield), such
amounts as may be held from time to time in the Certificate Account (other than
any Fixed Retained Yield), the rights of the Trust Administrator, on behalf of
the Trustee, to receive the proceeds of all insurance policies and performance
bonds, if any, required to be maintained hereunder or under the related
Servicing Agreement and property which secured a Mortgage Loan and which has
been acquired by foreclosure or deed in lieu of foreclosure.
Trustee: United States Trust Company of New York, or any successor
trustee appointed as herein provided.
Unpaid Interest Shortfalls: Each of the Class A Unpaid Interest
Shortfalls, the Class B-1 Unpaid Interest Shortfall, the Class B-2 Unpaid
Interest Shortfall, the Class B-3 Unpaid Interest Shortfall, the Class B-4
Unpaid Interest Shortfall, the Class B-5 Unpaid Interest Shortfall and the Class
B-6 Unpaid Interest Shortfall.
Unscheduled Principal Amount: The sum for each outstanding Mortgage
Loan (including each defaulted Mortgage Loan, other than a Liquidated Loan, with
respect to which the related Mortgaged Property has been acquired by the Trust
Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B)
the sum of the amounts described in clauses y(ii) and y(iii) of the definition
of Class A Non-PO Optimal Principal Amount.
Unscheduled Principal Receipt: Any Principal Prepayment or other
recovery of principal on a Mortgage Loan, including, without limitation,
Liquidation Proceeds, Net REO Proceeds and proceeds received from any
condemnation award or proceeds in lieu of condemnation other than that portion
of such proceeds released to the Mortgagor in accordance with the terms of the
Mortgage or Prudent Servicing Practices, but excluding any Net Foreclosure
Profits and proceeds of a repurchase of a Mortgage Loan by the Seller and any
Substitution Principal Amounts. Except as set forth in the last sentence of
Section 4.02(d), a Recovery shall not be treated as an Unscheduled Principal
Receipt.
Unscheduled Principal Receipt Period: Either a Mid-Month Receipt
Period or a Prior Month Receipt Period.
U.S. Person: As defined in Section 4.01(f).
Voting Interest: With respect to any provisions hereof providing for
the action, consent or approval of the Holders of all Certificates evidencing
specified Voting Interests in the Trust Estate, the Holders of each Class of
Certificates will collectively be entitled to the then applicable percentage of
the aggregate Voting Interest represented by all Certificates equal to the ratio
obtained by dividing the Principal Balance of such Class by the sum of the Class
A Principal Balance and the Class B Principal Balance. Each Certificateholder of
a Class will have a Voting Interest equal to the product of the Voting Interest
to which such Class is collectively entitled and the Percentage Interest in such
Class represented by such Holder's Certificates. With respect to any provisions
hereof providing for action, consent or approval of each Class of Certificates
or specified Classes of Certificates, each Certificateholder of a Class will
have a Voting Interest in such Class equal to such Holder's Percentage Interest
in such Class.
Weighted Average Net Mortgage Interest Rate: As to any Distribution
Date, a rate per annum equal to the average, expressed as a percentage of the
Net Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage
Loans as of the Due Date in the month preceding the month of such Distribution
Date, weighted on the basis of the respective Scheduled Principal Balances of
such Mortgage Loans.
SECTION 1.02 ACTS OF HOLDERS.
(a) Any request, demand, authorization, direction, notice, consent,
waiver or other action provided by this Agreement to be given or taken by
Holders may be embodied in and evidenced by one or more instruments of
substantially similar tenor signed by such Holders in person or by an agent duly
appointed in writing. Except as herein otherwise expressly provided, such action
shall become effective when such instrument or instruments are delivered to the
Trustee and the Trust Administrator. Proof of execution of any such instrument
or of a writing appointing any such agent shall be sufficient for any purpose of
this Agreement and conclusive in favor of the Trustee and the Trust
Administrator, if made in the manner provided in this Section 1.02. The Trustee
shall promptly notify the Master Servicer in writing of the receipt of any such
instrument or writing.
(b) The fact and date of the execution by any Person of any such
instrument or writing may be proved by the affidavit of a witness of such
execution or by a certificate of a notary public or other officer authorized by
law to take acknowledgments of deeds, certifying that the individual signing
such instrument or writing acknowledged to him the execution thereof. When such
execution is by a signer acting in a capacity other than his or her individual
capacity, such certificate or affidavit shall also constitute sufficient proof
of his or her authority. The fact and date of the execution of any such
instrument or writing, or the authority of the individual executing the same,
may also be proved in any other manner which the Trustee or the Trust
Administrator deems sufficient.
(c) The ownership of Certificates (whether or not such Certificates
shall be overdue and notwithstanding any notation of ownership or other writing
thereon made by anyone other than the Trustee, the Trust Administrator and the
Authenticating Agent) shall be proved by the Certificate Register, and neither
the Trustee, the Trust Administrator, the Seller nor the Master Servicer shall
be affected by any notice to the contrary.
(d) Any request, demand, authorization, direction, notice, consent,
waiver or other action of the Holder of any Certificate shall bind every future
Holder of the same Certificate and the Holder of every Certificate issued upon
the registration of transfer thereof or in exchange therefor or in lieu thereof
in respect of anything done, omitted or suffered to be done by the Trustee, the
Trust Administrator, the Seller or the Master Servicer in reliance thereon,
whether or not notation of such action is made upon such Certificate.
SECTION 1.03 EFFECT OF HEADINGS AND TABLE OF CONTENTS.
The Article and Section headings in this Agreement and the Table of
Contents are for convenience of reference only and shall not affect the
interpretation or construction of this Agreement.
SECTION 1.04 BENEFITS OF AGREEMENT.
Nothing in this Agreement or in the Certificates, express or
implied, shall give to any Person, other than the parties to this Agreement and
their successors hereunder and the Holders of the Certificates any benefit or
any legal or equitable right, power, remedy or claim under this Agreement.
<PAGE>
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF THE CERTIFICATES
SECTION 2.01 CONVEYANCE OF MORTGAGE LOANS.
The Seller, concurrently with the execution and delivery hereof,
does hereby assign to the Trustee, without recourse all the right, title and
interest of the Seller in and to (a) the Trust Estate, including all interest
(other than the portion, if any, representing the Fixed Retained Yield) and
principal received by the Seller on or with respect to the Mortgage Loans after
the Cut-Off Date (and including scheduled payments of principal and interest due
after the Cut-Off Date but received by the Seller on or before the Cut-Off Date
and Unscheduled Principal Receipts received or applied on the Cut-Off Date, but
not including payments of principal and interest due on the Mortgage Loans on or
before the Cut-Off Date), (b) the Insurance Policies, (c) the obligations of the
Servicers under the Servicing Agreements with respect to the Mortgage Loans, (d)
all of the Seller's right, title and interest in and to each Mortgage 100SM
Pledge Agreement, each Parent Power(R) Guaranty and Security Agreement for
Securities Account and each Parent Power(R) Guaranty Agreement for Real Estate
with respect to each MLCC Additional Collateral Mortgage Loan, (e) all of the
Seller's right, title and interest in and to each Dual Collateral Pledge
Agreement with respect to each NOVUS Additional Collateral Mortgage Loan and (f)
proceeds of all the foregoing.
In connection with such assignment, the Seller shall, with respect
to each Mortgage Loan, deliver, or cause to be delivered, to the Trust
Administrator, as initial Custodian, on or before the Closing Date, an Owner
Mortgage Loan File. If any Mortgage or an assignment of a Mortgage to the Trust
Administrator or any prior assignment is in the process of being recorded on the
Closing Date, the Seller shall deliver a copy thereof, certified by Norwest
Mortgage or the applicable Norwest Mortgage Correspondent to be a true and
complete copy of the document sent for recording, and the Seller shall use its
best efforts to cause each such original recorded document or certified copy
thereof to be delivered to the Trust Administrator promptly following its
recordation, but in no event later than one (1) year following the Closing Date.
The Seller shall also cause to be delivered to the Trust Administrator any other
original mortgage loan document to be included in the Owner Mortgage Loan File
if a copy thereof has been delivered. The Seller shall pay from its own funds,
without any right of reimbursement therefor, the amount of any costs,
liabilities and expenses incurred by the Trust Estate by reason of the failure
of the Seller to cause to be delivered to the Trust Administrator within one (1)
year following the Closing Date any original Mortgage or assignment of a
Mortgage not delivered to the Trust Administrator on the Closing Date.
In lieu of recording an assignment of any Mortgage the Seller may,
to the extent set forth in the applicable Servicing Agreement, deliver or cause
to be delivered to the Trust Administrator the assignment of the Mortgage Loan
from the Seller to the Trust Administrator in a form suitable for recordation,
together with an Opinion of Counsel to the effect that recording is not required
to protect the Trustee's right, title and interest in and to the related
Mortgage Loan or, in case a court should recharacterize the sale of the Mortgage
Loans as a financing, to perfect a first priority security interest in favor of
the Trustee in the related Mortgage Loan. In the event that the Master Servicer
receives notice that recording is required to protect the right, title and
interest of the Trustee in and to any such Mortgage Loan for which recordation
of an assignment has not previously been required, the Master Servicer shall
promptly notify the Trust Administrator and the Trust Administrator shall within
five Business Days (or such other reasonable period of time mutually agreed upon
by the Master Servicer and the Trust Administrator) of its receipt of such
notice deliver each previously unrecorded assignment to the related Servicer for
recordation.
SECTION 2.02 ACCEPTANCE BY TRUST ADMINISTRATOR.
The Trust Administrator, on behalf of the Trustee, acknowledges
receipt of the Mortgage Notes, the Mortgages, the assignments and other
documents required to be delivered on the Closing Date pursuant to Section 2.01
above and declares that it holds and will hold such documents and the other
documents constituting a part of the Owner Mortgage Loan Files delivered to it
in trust, upon the trusts herein set forth, for the use and benefit of all
present and future Certificateholders. The Trust Administrator agrees, for the
benefit of Certificateholders, to review each Owner Mortgage Loan File within 45
days after execution of this Agreement in order to ascertain that all required
documents set forth in Section 2.01 have been executed and received and appear
regular on their face, and that such documents relate to the Mortgage Loans
identified in the Mortgage Loan Schedule, and in so doing the Trust
Administrator may rely on the purported due execution and genuineness of any
such document and on the purported genuineness of any signature thereon. If
within such 45 day period the Trust Administrator finds any document
constituting a part of an Owner Mortgage Loan File not to have been executed or
received or to be unrelated to the Mortgage Loans identified in the Mortgage
Loan Schedule or not to appear regular on its face, the Trust Administrator
shall promptly (and in no event more than 30 days after the discovery of such
defect) notify the Seller, which shall have a period of 60 days after the date
of such notice within which to correct or cure any such defect. The Seller
hereby covenants and agrees that, if any material defect is not so corrected or
cured, the Seller will, not later than 60 days after the Trust Administrator's
notice to it referred to above respecting such defect, either (i) repurchase the
related Mortgage Loan or any property acquired in respect thereof from the Trust
Estate at a price equal to (a) 100% of the unpaid principal balance of such
Mortgage Loan plus (b) accrued interest at the Mortgage Interest Rate, less any
Fixed Retained Yield, through the last day of the month in which such repurchase
takes place or (ii) if within two years of the Startup Day, or such other period
permitted by the REMIC Provisions, substitute for any Mortgage Loan to which
such material defect relates, a new mortgage loan (a "Substitute Mortgage Loan")
having such characteristics so that the representations and warranties of the
Seller set forth in Section 2.03(b) hereof (other than Section 2.03(b)(i)) would
not have been incorrect had such Substitute Mortgage Loan originally been a
Mortgage Loan. In no event shall any Substitute Mortgage Loan have an unpaid
principal balance, as of the date of substitution, greater than the Scheduled
Principal Balance (reduced by the scheduled payment of principal due on the Due
Date in the month of substitution) of the Mortgage Loan for which it is
substituted. In addition, such Substitute Mortgage Loan shall have a
Loan-to-Value Ratio less than or equal to and a Mortgage Interest Rate equal to
that of the Mortgage Loan for which it is substituted.
In the case of a repurchased Mortgage Loan or property, the purchase
price shall be deposited by the Seller in the Certificate Account maintained by
the Master Servicer pursuant to Section 3.01. In the case of a Substitute
Mortgage Loan, the Owner Mortgage Loan File relating thereto shall be delivered
to the Trust Administrator and the Substitution Principal Amount, together with
(i) interest on such Substitution Principal Amount at the applicable Net
Mortgage Interest Rate to the following Due Date of such Mortgage Loan which is
being substituted for and (ii) an amount equal to the aggregate amount of
unreimbursed Periodic Advances in respect of interest previously made by the
Servicer, the Master Servicer or the Trust Administrator with respect to such
Mortgage Loan, shall be deposited in the Certificate Account. The Monthly
Payment on the Substitute Mortgage Loan for the Due Date in the month of
substitution shall not be part of the Trust Estate. Upon receipt by the Trust
Administrator of written notification of any such deposit signed by an officer
of the Seller, or the new Owner Mortgage Loan File, as the case may be, the
Trust Administrator shall release to the Seller the related Owner Mortgage Loan
File and shall execute and deliver such instrument of transfer or assignment, in
each case without recourse, as shall be necessary to vest in the Seller legal
and beneficial ownership of such substituted or repurchased Mortgage Loan or
property. It is understood and agreed that the obligation of the Seller to
substitute a new Mortgage Loan for or repurchase any Mortgage Loan or property
as to which such a material defect in a constituent document exists shall
constitute the sole remedy respecting such defect available to the
Certificateholders, the Trust Administrator on behalf of the Trustee and the
Trustee on behalf of the Certificateholders. The failure of the Trust
Administrator to give any notice contemplated herein within forty-five (45) days
after the execution of this Agreement shall not affect or relieve the Seller's
obligation to repurchase any Mortgage Loan pursuant to this Section 2.02.
The Trust Administrator may, concurrently with the execution and
delivery hereof or at any time thereafter, enter into a Custodial Agreement
substantially in the form of Exhibit E hereto pursuant to which the Trust
Administrator appoints a Custodian to hold the Mortgage Notes, the Mortgages,
the assignments and other documents related to the Mortgage Loans received by
the Trust Administrator, as agent for the Trustee in trust for the benefit of
all present and future Certificateholders, which may provide, among other
things, that the Custodian shall conduct the review of such documents required
under the first paragraph of this Section 2.02.
SECTION 2.03 REPRESENTATIONS AND WARRANTIES OF THE MASTER SERVICER AND THE
SELLER.
(a) The Master Servicer hereby represents and warrants to the
Trustee and the Trust Administrator for the benefit of Certificateholders that,
as of the date of execution of this Agreement:
(i) The Master Servicer is a national banking association
duly chartered and validly existing in good standing under the laws of the
United States;
(ii) The execution and delivery of this Agreement by the
Master Servicer and its performance and compliance with the terms of this
Agreement will not violate the Master Servicer's corporate charter or
by-laws or constitute a default (or an event which, with notice or lapse
of time, or both, would constitute a default) under, or result in the
breach of, any material contract, agreement or other instrument to which
the Master Servicer is a party or which may be applicable to the Master
Servicer or any of its assets;
(iii) This Agreement, assuming due authorization, execution
and delivery by the Trustee, the Trust Administrator and the Seller,
constitutes a valid, legal and binding obligation of the Master Servicer,
enforceable against it in accordance with the terms hereof subject to
applicable bankruptcy, insolvency, reorganization, moratorium and other
laws affecting the enforcement of creditors' rights generally and to
general principles of equity, regardless of whether such enforcement is
considered in a proceeding in equity or at law;
(iv) The Master Servicer is not in default with respect to
any order or decree of any court or any order, regulation or demand of any
federal, state, municipal or governmental agency, which default might have
consequences that would materially and adversely affect the condition
(financial or other) or operations of the Master Servicer or its
properties or might have consequences that would affect its performance
hereunder; and
(v) No litigation is pending or, to the best of the Master
Servicer's knowledge, threatened against the Master Servicer which would
prohibit its entering into this Agreement or performing its obligations
under this Agreement.
It is understood and agreed that the representations and warranties
set forth in this Section 2.03(a) shall survive delivery of the respective Owner
Mortgage Loan Files to the Trust Administrator or the Custodian.
(b) The Seller hereby represents and warrants to the Trustee and the
Trust Administrator for the benefit of Certificateholders that, as of the date
of execution of this Agreement, with respect to the Mortgage Loans, or each
Mortgage Loan, as the case may be:
(i) The information set forth in the Mortgage Loan Schedule
was true and correct in all material respects at the date or dates
respecting which such information is furnished as specified in the
Mortgage Loan Schedule;
(ii) Immediately prior to the transfer and assignment
contemplated herein, the Seller was the sole owner and holder of the
Mortgage Loan free and clear of any and all liens, pledges, charges or
security interests of any nature and has full right and authority to sell
and assign the same;
(iii) The Mortgage is a valid, subsisting and enforceable
first lien on the property therein described, and the Mortgaged Property
is free and clear of all encumbrances and liens having priority over the
first lien of the Mortgage except for liens for real estate taxes and
special assessments not yet due and payable and liens or interests arising
under or as a result of any federal, state or local law, regulation or
ordinance relating to hazardous wastes or hazardous substances, and, if
the related Mortgaged Property is a condominium unit, any lien for common
charges permitted by statute or homeowners association fees; and if the
Mortgaged Property consists of shares of a cooperative housing
corporation, any lien for amounts due to the cooperative housing
corporation for unpaid assessments or charges or any lien of any
assignment of rents or maintenance expenses secured by the real property
owned by the cooperative housing corporation; and any security agreement,
chattel mortgage or equivalent document related to, and delivered to the
Trust Administrator or to the Custodian with, any Mortgage establishes in
the Seller a valid and subsisting first lien on the property described
therein and the Seller has full right to sell and assign the same to the
Trustee;
(iv) Neither the Seller nor any prior holder of the
Mortgage or the related Mortgage Note has modified the Mortgage or the
related Mortgage Note in any material respect, satisfied, canceled or
subordinated the Mortgage in whole or in part, released the Mortgaged
Property in whole or in part from the lien of the Mortgage, or executed
any instrument of release, cancellation, modification or satisfaction,
except in each case as is reflected in an agreement delivered to the Trust
Administrator or the Custodian pursuant to Section 2.01;
(v) All taxes, governmental assessments, insurance
premiums, and water, sewer and municipal charges, which previously became
due and owing have been paid, or an escrow of funds has been established,
to the extent permitted by law, in an amount sufficient to pay for every
such item which remains unpaid; and the Seller has not advanced funds, or
received any advance of funds by a party other than the Mortgagor,
directly or indirectly (except pursuant to any Subsidy Loan arrangement)
for the payment of any amount required by the Mortgage, except for
interest accruing from the date of the Mortgage Note or date of
disbursement of the Mortgage Loan proceeds, whichever is later, to the day
which precedes by thirty days the first Due Date under the related
Mortgage Note;
(vi) The Mortgaged Property is undamaged by water, fire,
earthquake, earth movement other than earthquake, windstorm, flood,
tornado or similar casualty (excluding casualty from the presence of
hazardous wastes or hazardous substances, as to which the Seller makes no
representations), so as to affect adversely the value of the Mortgaged
Property as security for the Mortgage Loan or the use for which the
premises were intended and to the best of the Seller's knowledge, there is
no proceeding pending or threatened for the total or partial condemnation
of the Mortgaged Property;
(vii) The Mortgaged Property is free and clear of all
mechanics' and materialmen's liens or liens in the nature thereof;
provided, however, that this warranty shall be deemed not to have been
made at the time of the initial issuance of the Certificates if a title
policy affording, in substance, the same protection afforded by this
warranty is furnished to the Trust Administrator by the Seller;
(viii) Except for Mortgage Loans secured by Co-op Shares
and Mortgage Loans secured by residential long-term leases, the Mortgaged
Property consists of a fee simple estate in real property; all of the
improvements which are included for the purpose of determining the
appraised value of the Mortgaged Property lie wholly within the boundaries
and building restriction lines of such property and no improvements on
adjoining properties encroach upon the Mortgaged Property (unless insured
against under the related title insurance policy); and to the best of the
Seller's knowledge, the Mortgaged Property and all improvements thereon
comply with all requirements of any applicable zoning and subdivision laws
and ordinances;
(ix) The Mortgage Loan meets, or is exempt from, applicable
state or federal laws, regulations and other requirements, pertaining to
usury, and the Mortgage Loan is not usurious;
(x) To the best of the Seller's knowledge, all inspections,
licenses and certificates required to be made or issued with respect to
all occupied portions of the Mortgaged Property and, with respect to the
use and occupancy of the same, including, but not limited to, certificates
of occupancy and fire underwriting certificates, have been made or
obtained from the appropriate authorities;
(xi) All payments required to be made up to the Due Date
immediately preceding the Cut-Off Date for such Mortgage Loan under the
terms of the related Mortgage Note have been made and no Mortgage Loan had
more than one delinquency in the 12 months preceding the Cut-Off Date;
(xii) The Mortgage Note, the related Mortgage and other
agreements executed in connection therewith are genuine, and each is the
legal, valid and binding obligation of the maker thereof, enforceable in
accordance with its terms, except as such enforcement may be limited by
bankruptcy, insolvency, reorganization or other similar laws affecting the
enforcement of creditors' rights generally and by general equity
principles (regardless of whether such enforcement is considered in a
proceeding in equity or at law); and, to the best of the Seller's
knowledge, all parties to the Mortgage Note and the Mortgage had legal
capacity to execute the Mortgage Note and the Mortgage and each Mortgage
Note and Mortgage has been duly and properly executed by the Mortgagor;
(xiii) Any and all requirements of any federal, state or
local law with respect to the origination of the Mortgage Loans including,
without limitation, truth-in-lending, real estate settlement procedures,
consumer credit protection, equal credit opportunity or disclosure laws
applicable to the Mortgage Loans have been complied with;
(xiv) The proceeds of the Mortgage Loans have been fully
disbursed, there is no requirement for future advances thereunder and any
and all requirements as to completion of any on-site or off-site
improvements and as to disbursements of any escrow funds therefor have
been complied with (except for escrow funds for exterior items which could
not be completed due to weather and escrow funds for the completion of
swimming pools); and all costs, fees and expenses incurred in making,
closing or recording the Mortgage Loan have been paid, except recording
fees with respect to Mortgages not recorded as of the Closing Date;
(xv) The Mortgage Loan (except any Mortgage Loan secured by
a Mortgaged Property located in any jurisdiction, as to which an opinion
of counsel of the type customarily rendered in such jurisdiction in lieu
of title insurance is instead received) is covered by an American Land
Title Association mortgagee title insurance policy or other generally
acceptable form of policy or insurance acceptable to FNMA or FHLMC, issued
by a title insurer acceptable to FNMA or FHLMC insuring the originator,
its successors and assigns, as to the first priority lien of the Mortgage
in the original principal amount of the Mortgage Loan and subject only to
(A) the lien of current real property taxes and assessments not yet due
and payable, (B) covenants, conditions and restrictions, rights of way,
easements and other matters of public record as of the date of recording
of such Mortgage acceptable to mortgage lending institutions in the area
in which the Mortgaged Property is located or specifically referred to in
the appraisal performed in connection with the origination of the related
Mortgage Loan, (C) liens created pursuant to any federal, state or local
law, regulation or ordinance affording liens for the costs of clean-up of
hazardous substances or hazardous wastes or for other environmental
protection purposes and (D) such other matters to which like properties
are commonly subject which do not individually, or in the aggregate,
materially interfere with the benefits of the security intended to be
provided by the Mortgage; the Seller is the sole insured of such mortgagee
title insurance policy, the assignment to the Trust Administrator, on
behalf of the Trustee, of the Seller's interest in such mortgagee title
insurance policy does not require any consent of or notification to the
insurer which has not been obtained or made, such mortgagee title
insurance policy is in full force and effect and will be in full force and
effect and inure to the benefit of the Trust Administrator, on behalf of
the Trustee, no claims have been made under such mortgagee title insurance
policy, and no prior holder of the related Mortgage, including the Seller,
has done, by act or omission, anything which would impair the coverage of
such mortgagee title insurance policy;
(xvi) The Mortgaged Property securing each Mortgage Loan is
insured by an insurer acceptable to FNMA or FHLMC against loss by fire and
such hazards as are covered under a standard extended coverage
endorsement, in an amount which is not less than the lesser of 100% of the
insurable value of the Mortgaged Property and the outstanding principal
balance of the Mortgage Loan, but in no event less than the minimum amount
necessary to fully compensate for any damage or loss on a replacement cost
basis; if the Mortgaged Property is a condominium unit, it is included
under the coverage afforded by a blanket policy for the project; if upon
origination of the Mortgage Loan, the improvements on the Mortgaged
Property were in an area identified in the Federal Register by the Federal
Emergency Management Agency as having special flood hazards, a flood
insurance policy meeting the requirements of the current guidelines of the
Federal Insurance Administration is in effect with a generally acceptable
insurance carrier, in an amount representing coverage not less than the
least of (A) the outstanding principal balance of the Mortgage Loan, (B)
the full insurable value of the Mortgaged Property and (C) the maximum
amount of insurance which was available under the National Flood Insurance
Act of 1968, as amended; and each Mortgage obligates the Mortgagor
thereunder to maintain all such insurance at the Mortgagor's cost and
expense;
(xvii) To the best of the Seller's knowledge, there is no
default, breach, violation or event of acceleration existing under the
Mortgage or the related Mortgage Note and no event which, with the passage
of time or with notice and the expiration of any grace or cure period,
would constitute a default, breach, violation or event of acceleration;
the Seller has not waived any default, breach, violation or event of
acceleration; and no foreclosure action is currently threatened or has
been commenced with respect to the Mortgage Loan;
(xviii) No Mortgage Note or Mortgage is subject to any
right of rescission, set-off, counterclaim or defense, including the
defense of usury, nor will the operation of any of the terms of the
Mortgage Note or Mortgage, or the exercise of any right thereunder, render
the Mortgage Note or Mortgage unenforceable, in whole or in part, or
subject it to any right of rescission, set-off, counterclaim or defense,
including the defense of usury, and no such right of rescission, set-off,
counterclaim or defense has been asserted with respect thereto;
(xix) Each Mortgage Note is payable in monthly payments,
resulting in complete amortization of the Mortgage Loan over a term of not
more than 360 months;
(xx) Each Mortgage contains customary and enforceable
provisions such as to render the rights and remedies of the holder thereof
adequate for the realization against the Mortgaged Property of the
benefits of the security, including realization by judicial foreclosure
(subject to any limitation arising from any bankruptcy, insolvency or
other law for the relief of debtors), and there is no homestead or other
exemption available to the Mortgagor which would interfere with such right
of foreclosure;
(xxi) To the best of the Seller's knowledge, no Mortgagor
is a debtor in any state or federal bankruptcy or insolvency proceeding;
(xxii) Each Mortgaged Property is located in the United
States and consists of a one- to four-unit residential property, which may
include a detached home, townhouse, condominium unit or a unit in a
planned unit development or, in the case of Mortgage Loans secured by
Co-op Shares, leases or occupancy agreements;
(xxiii) The Mortgage Loan is a "qualified mortgage" within
the meaning of Section 860G(a)(3) of the Code;
(xxiv) With respect to each Mortgage where a lost note
affidavit has been delivered to the Trust Administrator in place of the
related Mortgage Note, the related Mortgage Note is no longer in
existence;
(xxv) In the event that the Mortgagor is an inter vivos
"living" trust, (i) such trust is in compliance with FNMA or FHLMC
standards for inter vivos trusts and (ii) holding title to the Mortgaged
Property in such trust will not diminish any rights as a creditor
including the right to full title to the Mortgaged Property in the event
foreclosure proceedings are initiated; and
(xxvi) If the Mortgage Loan is secured by a long-term
residential lease, (1) the lessor under the lease holds a fee simple
interest in the land; (2) the terms of such lease expressly permit the
mortgaging of the leasehold estate, the assignment of the lease without
the lessor's consent and the acquisition by the holder of the Mortgage of
the rights of the lessee upon foreclosure or assignment in lieu of
foreclosure or provide the holder of the Mortgage with substantially
similar protections; (3) the terms of such lease do not (a) allow the
termination thereof upon the lessee's default without the holder of the
Mortgage being entitled to receive written notice of, and opportunity to
cure, such default, (b) allow the termination of the lease in the event of
damage or destruction as long as the Mortgage is in existence, (c)
prohibit the holder of the Mortgage from being insured (or receiving
proceeds of insurance) under the hazard insurance policy or policies
relating to the Mortgaged Property or (d) permit any increase in rent
other than pre-established increases set forth in the lease; (4) the
original term of such lease is not less than 15 years; (5) the term of
such lease does not terminate earlier than five years after the maturity
date of the Mortgage Note; and (6) the Mortgaged Property is located in a
jurisdiction in which the use of leasehold estates in transferring
ownership in residential properties is a widely accepted practice.
Notwithstanding the foregoing, no representations or warranties are
made by the Seller as to the environmental condition of any Mortgaged Property;
the absence, presence or effect of hazardous wastes or hazardous substances on
any Mortgaged Property; any casualty resulting from the presence or effect of
hazardous wastes or hazardous substances on, near or emanating from any
Mortgaged Property; the impact on Certificateholders of any environmental
condition or presence of any hazardous substance on or near any Mortgaged
Property; or the compliance of any Mortgaged Property with any environmental
laws, nor is any agent, person or entity otherwise affiliated with the Seller
authorized or able to make any such representation, warranty or assumption of
liability relative to any Mortgaged Property. In addition, no representations or
warranties are made by the Seller with respect to the absence or effect of fraud
in the origination of any Mortgage Loan.
It is understood and agreed that the representations and warranties
set forth in this Section 2.03(b) shall survive delivery of the respective Owner
Mortgage Loan Files to the Trust Administrator and shall inure to the benefit of
the Trust Administrator, on behalf of the Trustee, notwithstanding any
restrictive or qualified endorsement or assignment.
(c) Upon discovery by either the Seller, the Master Servicer, the
Trust Administrator, the Trustee or the Custodian that any of the
representations and warranties made in subsection (b) above is not accurate
(referred to herein as a "breach") and that such breach materially and adversely
affects the interests of the Certificateholders in the related Mortgage Loan,
the party discovering such breach shall give prompt written notice to the other
parties (any Custodian being so obligated under a Custodial Agreement). Within
60 days of the earlier of its discovery or its receipt of notice of any such
breach, the Seller shall cure such breach in all material respects or shall
either (i) repurchase the Mortgage Loan or any property acquired in respect
thereof from the Trust Estate at a price equal to (A) 100% of the unpaid
principal balance of such Mortgage Loan plus (B) accrued interest at the Net
Mortgage Interest Rate for such Mortgage Loan through the last day of the month
in which such repurchase took place or (ii) if within two years of the Startup
Day, or such other period permitted by the REMIC Provisions, substitute for such
Mortgage Loan in the manner described in Section 2.02. The purchase price of any
repurchase described in this paragraph and the Substitution Principal Amount, if
any, plus accrued interest thereon and the other amounts referred to in Section
2.02, shall be deposited in the Certificate Account. It is understood and agreed
that the obligation of the Seller to repurchase or substitute for any Mortgage
Loan or property as to which such a breach has occurred and is continuing shall
constitute the sole remedy respecting such breach available to
Certificateholders, the Trust Administrator on behalf of the Trustee, or the
Trustee on behalf of Certificateholders, and such obligation shall survive until
termination of the Trust Estate hereunder.
SECTION 2.04 EXECUTION AND DELIVERY OF CERTIFICATES.
The Trust Administrator acknowledges the assignment to it of the
Mortgage Loans and the delivery of the Owner Mortgage Loan Files to it, and,
concurrently with such delivery, has executed and delivered to or upon the order
of the Seller, in exchange for the Mortgage Loans together with all other assets
included in the definition of "Trust Estate," receipt of which is hereby
acknowledged, Certificates in authorized denominations which evidence ownership
of the entire Trust Estate.
SECTION 2.05 DESIGNATION OF CERTIFICATES; DESIGNATION OF
STARTUP DAY AND LATEST POSSIBLE MATURITY DATE.
The Seller hereby designates the Classes of Class A Certificates
(other than the Class A-R Certificate) and the Classes of Class B Certificates
as classes of "regular interests" and the Class A-R Certificate as the single
class of "residual interest" in the REMIC for the purposes of Code Sections
860G(a)(1) and 860G(a)(2), respectively. The Closing Date is hereby designated
as the "Startup Day" of the REMIC within the meaning of Code Section 860G(a)(9).
The "latest possible maturity date" of the regular interests in the REMIC is
June 25, 2029 for purposes of Code Section 860G(a)(1).
<PAGE>
ARTICLE III
ADMINISTRATION OF THE TRUST ESTATE: SERVICING
OF THE MORTGAGE LOANS
SECTION 3.01 CERTIFICATE ACCOUNT.
(a) The Master Servicer shall establish and maintain a Certificate
Account for the deposit of funds received by the Master Servicer with respect to
the Mortgage Loans serviced by each Servicer pursuant to each of the Servicing
Agreements. Such account shall be maintained as an Eligible Account. The Master
Servicer shall give notice to each Servicer and the Seller of the location of
the Certificate Account and of any change in the location thereof.
(b) The Master Servicer shall deposit into the Certificate Account
on the day of receipt thereof all amounts received by it from any Servicer
pursuant to any of the Servicing Agreements or any amounts received by it upon
the sale of any (i) MLCC Additional Collateral pursuant to (A) the terms of the
Mortgage 100SM Pledge Agreement, the Parent Power(R) Guaranty and Security
Agreement for Securities Account or the Parent Power(R) Guaranty Agreement for
Real Estate, or (B) any amounts received pursuant to the MLCC Surety Bond, or
(ii) NOVUS Additional Collateral pursuant to (A) the terms of the Dual
Collateral Pledge Agreement or (B) any amounts received pursuant to the NOVUS
Surety Bond, and shall, in addition, deposit into the Certificate Account the
following amounts, in the case of amounts specified in clause (i), not later
than the Distribution Date on which such amounts are required to be distributed
to Certificateholders and, in the case of the amounts specified in clause (ii),
not later than the Business Day next following the day of receipt and posting by
the Master Servicer:
(i) Periodic Advances pursuant to Section 3.03(a) made by
the Master Servicer or the Trust Administrator, if any and any amounts
deemed received by the Master Servicer pursuant to Section 3.01(d); and
(ii) in the case of any Mortgage Loan that is repurchased
by the Seller pursuant to Section 2.02 or 2.03 or that is auctioned by the
Master Servicer pursuant to Section 3.08 or purchased by the Master
Servicer pursuant to Section 3.08 or 9.01, the purchase price therefor or,
where applicable, any Substitution Principal Amount and any amounts
received in respect of the interest portion of unreimbursed Periodic
Advances.
(c) The Master Servicer shall cause the funds in the Certificate
Account to be invested in Eligible Investments. No such Eligible Investments
will be sold or disposed of at a gain prior to maturity unless the Master
Servicer has received an Opinion of Counsel or other evidence satisfactory to it
that such sale or disposition will not cause the Trust Estate to be subject to
Prohibited Transactions Tax, otherwise subject the Trust Estate to tax, or cause
the Trust Estate to fail to qualify as a REMIC while any Certificates are
outstanding. Any amounts deposited in the Certificate Account prior to the
Distribution Date shall be invested for the account of the Master Servicer and
any investment income thereon shall be additional compensation to the Master
Servicer for services rendered under this Agreement. The amount of any losses
incurred in respect of any such investments shall be deposited in the
Certificate Account by the Master Servicer out of its own funds immediately as
realized.
(d) For purposes of this Agreement, the Master Servicer will be
deemed to have received from a Servicer on the applicable Remittance Date for
such funds all amounts deposited by such Servicer into the Custodial Account for
P&I maintained in accordance with the applicable Servicing Agreement, if such
Custodial Account for P&I is not an Eligible Account as defined in this
Agreement, to the extent such amounts are not actually received by the Master
Servicer on such Remittance Date as a result of the bankruptcy, insolvency,
receivership or other financial distress of the depository institution in which
such Custodial Account for P&I is being held. To the extent that amounts so
deemed to have been received by the Master Servicer are subsequently remitted to
the Master Servicer, the Master Servicer shall be entitled to retain such
amounts.
SECTION 3.02 PERMITTED WITHDRAWALS FROM THE CERTIFICATE ACCOUNT.
(a) The Master Servicer may, from time to time, make withdrawals
from the Certificate Account for the following purposes (limited, in the case of
Servicer reimbursements, to cases where funds in the respective Custodial P&I
Account are not sufficient therefor):
(i) to reimburse the Master Servicer, the Trust
Administrator or any Servicer for Periodic Advances made by the Master
Servicer or the Trust Administrator pursuant to Section 3.03(a) or any
Servicer pursuant to any Servicing Agreement with respect to previous
Distribution Dates, such right to reimbursement pursuant to this subclause
(i) being limited to amounts received on or in respect of particular
Mortgage Loans (including, for this purpose, Liquidation Proceeds, REO
Proceeds and proceeds from the purchase, sale, repurchase or substitution
of Mortgage Loans pursuant to Sections 2.02, 2.03, 3.08 or 9.01)
respecting which any such Periodic Advance was made;
(ii) to reimburse any Servicer, the Master Servicer or the
Trust Administrator for any Periodic Advances determined in good faith to
have become Nonrecoverable Advances provided, however, that any portion of
Nonrecoverable Advances representing Fixed Retained Yield shall be
reimbursable only from amounts constituting Fixed Retained Yield and not
from the assets of the Trust Estate;
(iii) to reimburse the Master Servicer or any Servicer from
Liquidation Proceeds for Liquidation Expenses and for amounts expended by
the Master Servicer or any Servicer pursuant hereto or to any Servicing
Agreement, respectively, in good faith in connection with the restoration
of damaged property or for foreclosure expenses;
(iv) from any Mortgagor payment on account of interest or
other recovery (including Net REO Proceeds) with respect to a particular
Mortgage Loan, to pay the Master Servicing Fee with respect to such
Mortgage Loan to the Master Servicer;
(v) to reimburse the Master Servicer, any Servicer or the
Trust Administrator (or, in certain cases, the Seller) for expenses
incurred by it (including taxes paid on behalf of the Trust Estate) and
recoverable by or reimbursable to it pursuant to Section 3.03(c), 3.03(d)
or 6.03 or the second sentence of Section 8.14(a) or pursuant to such
Servicer's Servicing Agreement, provided such expenses are "unanticipated"
within the meaning of the REMIC Provisions;
(vi) to pay to the Seller or other purchaser with respect
to each Mortgage Loan or property acquired in respect thereof that has
been repurchased or replaced pursuant to Section 2.02 or 2.03 or auctioned
pursuant to Section 3.08 or to pay to the Master Servicer with respect to
each Mortgage Loan or property acquired in respect thereof that has been
purchased pursuant to Section 3.08 or 9.01, all amounts received thereon
and not required to be distributed as of the date on which the related
repurchase or purchase price or Scheduled Principal Balance was
determined;
(vii) to remit funds to the Paying Agent in the amounts and
in the manner provided for herein;
(viii) to pay to the Master Servicer any interest earned on
or investment income with respect to funds in the Certificate Account;
(ix) to pay to the Master Servicer or any Servicer out of
Liquidation Proceeds allocable to interest the amount of any unpaid Master
Servicing Fee or Servicing Fee (as adjusted pursuant to the related
Servicing Agreement) and any unpaid assumption fees, late payment charges
or other Mortgagor charges on the related Mortgage Loan;
(x) to withdraw from the Certificate Account any amount
deposited in the Certificate Account that was not required to be deposited
therein;
(xi) to clear and terminate the Certificate Account
pursuant to Section 9.01; and
(xii) to pay to Norwest Mortgage from any Mortgagor payment
on account of interest or other recovery (including Net REO Proceeds) with
respect to a particular Mortgage Loan, the Fixed Retained Yield, if any,
with respect to such Mortgage Loan; provided, however, that with respect
to any payment of interest received by the Master Servicer in respect of a
Mortgage Loan (whether paid by the Mortgagor or received as Liquidation
Proceeds, Insurance Proceeds or otherwise) which is less than the full
amount of interest then due with respect to such Mortgage Loan, only that
portion of such payment of interest that bears the same relationship to
the total amount of such payment of interest as the Fixed Retained Yield
Rate, if any, in respect of such Mortgage Loan bears to the Mortgage
Interest Rate shall be allocated to the Fixed Retained Yield with respect
thereto.
(b) The Master Servicer shall keep and maintain separate accounting,
on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any
payment to and withdrawal from the Certificate Account.
SECTION 3.03 ADVANCES BY MASTER SERVICER AND TRUST ADMINISTRATOR.
(a) In the event an Other Servicer fails to make any required
Periodic Advances of principal and interest on a Mortgage Loan as required by
the related Other Servicing Agreement prior to the Distribution Date occurring
in the month during which such Periodic Advance is due, the Master Servicer
shall make Periodic Advances to the extent provided hereby. In addition, if
under the terms of an Other Servicing Agreement, the applicable Servicer is not
required to make Periodic Advances on a Mortgage Loan or REO Mortgage Loan
through the liquidation of such Mortgage Loan or REO Mortgage Loan, the Master
Servicer to the extent provided hereby shall make the Periodic Advances thereon
during the period the Servicer is not obligated to do so. In the event Norwest
Mortgage fails to make any required Periodic Advances of principal and interest
on a Mortgage Loan as required by the Norwest Servicing Agreement prior to the
Distribution Date occurring in the month during which such Periodic Advance is
due, the Trust Administrator shall, to the extent required by Section 8.15, make
such Periodic Advance to the extent provided hereby, provided that the Trust
Administrator has previously received the certificate of the Master Servicer
described in the following sentence. The Master Servicer shall certify to the
Trust Administrator with respect to any such Distribution Date (i) the amount of
Periodic Advances required of Norwest Mortgage or such Other Servicer, as the
case may be, (ii) the amount actually advanced by Norwest Mortgage or such Other
Servicer, (iii) the amount that the Trust Administrator or Master Servicer is
required to advance hereunder, including any amount the Master Servicer is
required to advance pursuant to the second sentence of this Section 3.03(a) and
(iv) whether the Master Servicer has determined that it reasonably believes that
such Periodic Advance is a Nonrecoverable Advance. Amounts advanced by the Trust
Administrator or Master Servicer shall be deposited in the Certificate Account
on the related Distribution Date. Notwithstanding the foregoing, neither the
Master Servicer nor the Trust Administrator will be obligated to make a Periodic
Advance that it reasonably believes to be a Nonrecoverable Advance. The Trust
Administrator may conclusively rely for any determination to be made by it
hereunder upon the determination of the Master Servicer as set forth in its
certificate.
(b) To the extent an Other Servicer fails to make an advance on
account of the taxes or insurance premiums with respect to a Mortgage Loan
required pursuant to the related Other Servicing Agreement, the Master Servicer
shall, if the Master Servicer knows of such failure of the Servicer, advance
such funds and take such steps as are necessary to pay such taxes or insurance
premiums. To the extent Norwest Mortgage fails to make an advance on account of
the taxes or insurance premiums with respect to a Mortgage Loan required
pursuant to the Norwest Servicing Agreement, the Master Servicer shall, if the
Master Servicer knows of such failure of Norwest Mortgage, certify to the Trust
Administrator that such failure has occurred. Upon receipt of such
certification, the Trust Administrator shall advance such funds and take such
steps as are necessary to pay such taxes or insurance premiums.
(c) The Master Servicer and the Trust Administrator shall each be
entitled to be reimbursed from the Certificate Account for any Periodic Advance
made by it under Section 3.03(a) to the extent described in Section 3.02(a)(i)
and (a)(ii). The Master Servicer and the Trust Administrator shall be entitled
to be reimbursed pursuant to Section 3.02(a)(v) for any advance by it pursuant
to Section 3.03(b). The Master Servicer shall diligently pursue restoration of
such amount to the Certificate Account from the related Servicer. The Master
Servicer shall, to the extent it has not already done so, upon the request of
the Trust Administrator, withdraw from the Certificate Account and remit to the
Trust Administrator any amounts to which the Trust Administrator is entitled as
reimbursement pursuant to Section 3.02 (a)(i), (ii) and (v).
(d) Except as provided in Section 3.03(a) and (b), neither the
Master Servicer nor the Trust Administrator shall be required to pay or advance
any amount which any Servicer was required, but failed, to deposit in the
Certificate Account.
SECTION 3.04 TRUST ADMINISTRATOR TO COOPERATE; RELEASE OF OWNER
MORTGAGE-LOAN FILES.
Upon the receipt by the Master Servicer of a Request for Release in
connection with the deposit by a Servicer into the Certificate Account of the
proceeds from a Liquidated Loan or of a Prepayment in Full, the Master Servicer
shall confirm to the Trust Administrator that all amounts required to be
remitted to the Certificate Account in connection with such Mortgage Loan have
been so deposited, and shall deliver such Request for Release to the Trust
Administrator. The Trust Administrator shall, within five Business Days of its
receipt of such a Request for Release, release the related Owner Mortgage Loan
File to the Master Servicer or such Servicer, as requested by the Master
Servicer. No expenses incurred in connection with any instrument of satisfaction
or deed of reconveyance shall be chargeable to the Certificate Account.
From time to time and as appropriate for the servicing or
foreclosure of any Mortgage Loan, including but not limited to, collection under
any insurance policies, or to effect a partial release of any Mortgaged Property
from the lien of the Mortgage, the Servicer of such Mortgage Loan shall deliver
to the Master Servicer a Request for Release. Upon the Master Servicer's receipt
of any such Request for Release, the Master Servicer shall promptly forward such
request to the Trust Administrator and the Trust Administrator shall, within
five Business Days, release the related Owner Mortgage Loan File to the Master
Servicer or such Servicer, as requested by the Master Servicer. Any such Request
for Release shall obligate the Master Servicer or such Servicer, as the case may
be, to return each and every document previously requested from the Owner
Mortgage Loan File to the Trust Administrator by the twenty-first day following
the release thereof, unless (i) the Mortgage Loan has been liquidated and the
Liquidation Proceeds relating to the Mortgage Loan have been deposited in the
Certificate Account or (ii) the Owner Mortgage Loan File or such document has
been delivered to an attorney, or to a public trustee or other public official
as required by law, for purposes of initiating or pursuing legal action or other
proceedings for the foreclosure of the Mortgaged Property either judicially or
non-judicially, and the Master Servicer has delivered to the Trust Administrator
a certificate of the Master Servicer or such Servicer certifying as to the name
and address of the Person to which such Owner Mortgage Loan File or such
document was delivered and the purpose or purposes of such delivery. Upon
receipt of an Officer's Certificate of the Master Servicer or such Servicer
stating that such Mortgage Loan was liquidated and that all amounts received or
to be received in connection with such liquidation which are required to be
deposited into the Certificate Account have been so deposited, or that such
Mortgage Loan has become an REO Mortgage Loan, the Request for Release shall be
released by the Trust Administrator to the Master Servicer or such Servicer, as
appropriate.
Upon written certification of the Master Servicer or the Servicer of
a Mortgage Loan, the Trust Administrator shall execute and deliver to the Master
Servicer or such Servicer, as directed by the Master Servicer, court pleadings,
requests for trustee's sale or other documents necessary to the foreclosure or
trustee's sale in respect of a Mortgaged Property or to any legal action brought
to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to
obtain a deficiency judgment, or to enforce any other remedies or rights
provided by the Mortgage Note or Mortgage or otherwise available at law or in
equity. Each such certification shall include a request that such pleadings or
documents be executed by the Trust Administrator and a statement as to the
reason such documents or pleadings are required and that the execution and
delivery thereof by the Trust Administrator will not invalidate or otherwise
affect the lien of the Mortgage, except for the termination of such a lien upon
completion of the foreclosure proceeding or trustee's sale.
SECTION 3.05 REPORTS TO THE TRUSTEE AND TRUST ADMINISTRATOR; ANNUAL
COMPLIANCE STATEMENTS.
(a) Not later than 15 days after each Distribution Date, the Master
Servicer shall deliver to the Trustee and the Trust Administrator a statement
setting forth the status of the Certificate Account as of the close of business
on such Distribution Date stating that all distributions required to be made by
the Master Servicer under this Agreement have been made (or, if any required
distribution has not been made by the Master Servicer, specifying the nature and
status thereof) and showing, for the period covered by such statement, the
aggregate amount of deposits into and withdrawals from such account for each
category of deposit and withdrawal specified in Sections 3.01 and 3.02. Such
statement may be in the form of the then current FNMA monthly accounting report
for its Guaranteed Mortgage Pass-Through Program with appropriate additions and
changes, and shall also include information as to the aggregate unpaid principal
balance of all of the Mortgage Loans as of the close of business as of the last
day of the calendar month immediately preceding such Distribution Date. Copies
of such statement shall be provided by the Trust Administrator to any
Certificateholder upon written request, provided such statement is delivered, or
caused to be delivered, by the Master Servicer to the Trust Administrator.
(b) The Master Servicer shall deliver to the Trustee and the Trust
Administrator on or before April 30 of each year, a certificate signed by an
officer of the Master Servicer, certifying that (i) such officer has reviewed
the activities of the Master Servicer during the preceding calendar year or
portion thereof and its performance under this agreement and (ii) to the best of
such officer's knowledge, based on such review, the Master Servicer has
performed and fulfilled its duties, responsibilities and obligations under this
agreement in all material respects throughout such year, or, if there has been a
default in the fulfillment of any such duties, responsibilities or obligations,
specifying each such default known to such officer and the nature and status
thereof, and, (iii) (A) the Master Servicer has received from each Servicer any
financial statements, officer's certificates, accountant's statements or other
information required to be provided to the Master Servicer pursuant to the
related Servicing Agreement and (B) to the best of such officer's knowledge,
based on a review of the information provided to the Master Servicer by each
Servicer as described in (iii)(A) above, each Servicer has performed and
fulfilled its duties, responsibilities and obligations under the related
Servicing Agreement in all material respects throughout such year, or, if there
has been a default in the fulfillment of any such duties, responsibilities or
obligations, specifying each such default known to such officer and the nature
and status thereof. Copies of such officers' certificate shall be provided by
the Trust Administrator to any Certificateholder upon written request provided
such certificate is delivered, or caused to be delivered, by the Master Servicer
to the Trust Administrator.
SECTION 3.06 TITLE, MANAGEMENT AND DISPOSITION OF ANY REO MORTGAGE-LOAN.
The Master Servicer shall ensure that each REO Mortgage Loan is
administered by the related Servicer at all times so that it qualifies as
"foreclosure property" under the REMIC Provisions and that it does not earn any
"net income from foreclosure property" which is subject to tax under the REMIC
Provisions. In the event that a Servicer is unable to dispose of any REO
Mortgage Loan within the period mandated by each of the Servicing Agreements,
the Master Servicer shall monitor such Servicer to verify that such REO Mortgage
Loan is auctioned to the highest bidder within the period so specified. In the
event of any such sale of REO Mortgage Loan, the Trust Administrator shall, at
the written request of the Master Servicer and upon being supported with
appropriate forms therefor, within five Business Days of the deposit by the
Master Servicer of the proceeds of such sale or auction into the Certificate
Account, release or cause to be released to the entity identified by the Master
Servicer the related Owner Mortgage Loan File and Servicer Mortgage Loan File
and shall execute and deliver such instruments of transfer or assignment, in
each case without recourse, as shall be necessary to vest in the auction
purchaser title to the REO Mortgage Loan and the Trust Administrator shall have
no further responsibility with regard to such Owner Mortgage Loan File or
Servicer Mortgage Loan File. Neither the Trust Administrator, the Master
Servicer nor any Servicer, acting on behalf of the Trust Estate, shall provide
financing from the Trust Estate to any purchaser of an REO Mortgage Loan.
SECTION 3.07 AMENDMENTS TO SERVICING AGREEMENTS, MODIFICATION OF STANDARD
PROVISIONS.
(a) Subject to the prior written consent of the Trustee and the
Trust Administrator pursuant to Section 3.07(b), the Master Servicer from time
to time may, to the extent permitted by the applicable Servicing Agreement, make
such modifications and amendments to such Servicing Agreement as the Master
Servicer deems necessary or appropriate to confirm or carry out more fully the
intent and purpose of such Servicing Agreement and the duties, responsibilities
and obligations to be performed by the Servicer thereunder. Such modifications
may only be made if they are consistent with the REMIC Provisions, as evidenced
by an Opinion of Counsel. Prior to the issuance of any modification or
amendment, the Master Servicer shall deliver to the Trustee and the Trust
Administrator such Opinion of Counsel and an Officer's Certificate setting forth
(i) the provision that is to be modified or amended, (ii) the modification or
amendment that the Master Servicer desires to issue and (iii) the reason or
reasons for such proposed amendment or modification.
(b) The Trustee and the Trust Administrator shall consent to any
amendment or supplement to a Servicing Agreement proposed by the Master Servicer
pursuant to Section 3.07(a), which consent and amendment shall not require the
consent of any Certificateholder if it is (i) for the purpose of curing any
mistake or ambiguity or to further effect or protect the rights of the
Certificateholders or (ii) for any other purpose, provided such amendment or
supplement for such other purpose cannot reasonably be expected to adversely
affect Certificateholders. The lack of reasonable expectation of an adverse
effect on Certificateholders may be established through the delivery to the
Trustee and the Trust Administrator of (i) an Opinion of Counsel to such effect
or (ii) written notification from each Rating Agency to the effect that such
amendment or supplement will not result in reduction of the current rating
assigned by that Rating Agency to the Certificates. Notwithstanding the two
immediately preceding sentences, either the Trustee or the Trust Administrator
may, in its discretion, decline to enter into or consent to any such supplement
or amendment if its own rights, duties or immunities shall be adversely
affected.
(c) (i) Notwithstanding anything to the contrary in this Section
3.07, the Master Servicer from time to time may, without the consent of
any Certificateholder, the Trustee, or the Trust Administrator, enter
into an amendment (A) to an Other Servicing Agreement for the purpose
of (i) eliminating or reducing Month End Interest and (ii) providing
for the remittance of Full Unscheduled Principal Receipts by the
applicable Servicer to the Master Servicer not later than the 24th day
of each month (or if such day is not a Business Day, on the previous
Business Day) or (B) to the Norwest Servicing Agreement for the purpose
of changing the applicable Remittance Date to the 18th day of each
month (or if such day is not a Business Day, on the previous Business
Day).
(ii) The Master Servicer may direct Norwest Mortgage to enter
into an amendment to the Norwest Servicing Agreement for the purposes
described in Sections 3.07(c)(i)(B) and 10.01(b)(iii).
SECTION 3.08 OVERSIGHT OF SERVICING.
The Master Servicer shall supervise, monitor and oversee the
servicing of the Mortgage Loans by each Servicer and the performance by each
Servicer of all services, duties, responsibilities and obligations (including
the obligation to maintain an Errors and Omissions Policy and Fidelity Bond)
that are to be observed or performed by the Servicer under its respective
Servicing Agreement. In performing its obligations hereunder, the Master
Servicer shall act in a manner consistent with Accepted Master Servicing
Practices and with the Trustee's and the Trust Administrator's and the
Certificateholders' reliance on the Master Servicer, and in a manner consistent
with the terms and provisions of any insurance policy required to be maintained
by the Master Servicer or any Servicer pursuant to this Agreement or any
Servicing Agreement. The Master Servicer acknowledges that prior to taking
certain actions required to service the Mortgage Loans, each Servicing Agreement
provides that the Servicer thereunder must notify, consult with, obtain the
consent of or otherwise follow the instructions of the Master Servicer. The
Master Servicer is also given authority to waive compliance by a Servicer with
certain provisions of its Servicing Agreement. In each such instance, the Master
Servicer shall promptly instruct such Servicer or otherwise respond to such
Servicer's request. In no event will the Master Servicer instruct such Servicer
to take any action, give any consent to action by such Servicer or waive
compliance by such Servicer with any provision of such Servicer's Servicing
Agreement if any resulting action or failure to act would be inconsistent with
the requirements of the Rating Agencies that rated the Certificates or would
otherwise have an adverse effect on the Certificateholders. Any such action or
failure to act shall be deemed to have an adverse effect on the
Certificateholders if such action or failure to act either results in (i) the
downgrading of the rating assigned by any Rating Agency to the Certificates,
(ii) the loss by the Trust Estate of REMIC status for federal income tax
purposes or (iii) the imposition of any Prohibited Transaction Tax or any
federal taxes on the REMIC or the Trust Estate. The Master Servicer shall have
full power and authority in its sole discretion to take any action with respect
to the Trust Estate as may be necessary or advisable to avoid the circumstances
specified including clause (ii) or (iii) of the preceding sentence.
For the purposes of determining whether any modification of a
Mortgage Loan shall be permitted by the Trust Administrator or the Master
Servicer, such modification shall be construed as a substitution of the modified
Mortgage Loan for the Mortgage Loan originally deposited in the Trust Estate if
it would be a "significant modification" within the meaning of Section
1.860G-2(b) of the regulations of the U.S. Department of the Treasury. No
modification shall be approved unless (i) the modified Mortgage Loan would
qualify as a Substitute Mortgage Loan under Section 2.02 and (ii) with respect
to any modification that occurs more than three months after the Closing Date
and is not the result of a default or a reasonably foreseeable default under the
Mortgage Loan, there is delivered to the Trust Administrator an Opinion of
Counsel (at the expense of the party seeking to modify the Mortgage Loan) to the
effect that such modification would not be treated as giving rise to a new debt
instrument for federal income tax purposes as described in the preceding
sentence.
During the term of this Agreement, the Master Servicer shall consult
fully with each Servicer as may be necessary from time to time to perform and
carry out the Master Servicer's obligations hereunder and otherwise exercise
reasonable efforts to encourage such Servicer to perform and observe the
covenants, obligations and conditions to be performed or observed by it under
its Servicing Agreement.
The relationship of the Master Servicer to the Trustee and the Trust
Administrator under this Agreement is intended by the parties to be that of an
independent contractor and not that of a joint venturer, partner or agent.
The Master Servicer shall administer the Trust Estate on behalf of
the Trustee and shall have full power and authority, acting alone or (subject to
Section 6.06) through one or more subcontractors, to do any and all things in
connection with such administration which it may deem necessary or desirable.
Upon the execution and delivery of this Agreement, and from time to time as may
be required thereafter, the Trust Administrator on behalf of the Trustee shall
furnish the Master Servicer or its subcontractors with any powers of attorney
and such other documents as may be necessary or appropriate to enable the Master
Servicer to carry out its administrative duties hereunder.
The Seller shall be entitled to repurchase at its option (i) any
defaulted Mortgage Loan or any Mortgage Loan as to which default is reasonably
foreseeable from the Trust Estate if, in the Seller's judgment, the default is
not likely to be cured by the Mortgagor or (ii) any Mortgage Loan in the Trust
Estate which, pursuant to paragraph 5(b) of the Mortgage Loan Purchase
Agreement, Norwest Mortgage requests the Seller to repurchase and to sell to
Norwest Mortgage to facilitate the exercise of Norwest Mortgage's rights against
the originator or a prior holder of such Mortgage Loan. The purchase price for
any such Mortgage Loan shall be 100% of the unpaid principal balance of such
Mortgage Loan plus accrued interest thereon at the Mortgage Interest Rate for
such Mortgage Loan, through the last day of the month in which such repurchase
occurs. Upon the receipt of such purchase price, the Master Servicer shall
provide to the Trust Administrator the certification required by Section 3.04
and the Trust Administrator and the Custodian, if any, shall promptly release to
the Seller the Owner Mortgage Loan File relating to the Mortgage Loan being
repurchased.
In the event that (i) the Master Servicer determines at any time
that, notwithstanding the representations and warranties set forth in Section
2.03(b), any Mortgage Loan is not a "qualified mortgage" within the meaning of
Section 860G of the Code and (ii) the Master Servicer is unable to enforce the
obligation of the Seller to purchase such Mortgage Loan pursuant to Section 2.02
within two months of such determination, the Master Servicer shall cause such
Mortgage Loan to be auctioned to the highest bidder and sold out of the Trust
Estate no later than the date 90 days after such determination. In the event of
any such sale of a Mortgage Loan, the Trust Administrator shall, at the written
request of the Master Servicer and upon being supported with appropriate forms
therefor, within five Business Days of the deposit by the Master Servicer of the
proceeds of such auction into the Certificate Account, release or cause to be
released to the entity identified by the Master Servicer the related Owner
Mortgage Loan File and Servicer Mortgage Loan File and shall execute and deliver
such instruments of transfer or assignment, in each case without recourse, as
shall be necessary to vest in the auction purchaser title to the Mortgage Loan
and the Trust Administrator shall have no further responsibility with regard to
such Owner Mortgage Loan File or Servicer Mortgage Loan File. Neither the Trust
Administrator, the Master Servicer nor any Servicer, acting on behalf of the
Trust Administrator, shall provide financing from the Trust Estate to any
purchaser of a Mortgage Loan.
The Master Servicer, on behalf of the Trust Administrator, shall,
pursuant to the Servicing Agreements, object to the foreclosure upon, or other
related conversion of the ownership of, any Mortgaged Property by the related
Servicer if (i) the Master Servicer believes such Mortgaged Property may be
contaminated with or affected by hazardous wastes or hazardous substances or
(ii) such Servicer does not agree to administer such Mortgaged Property, once
the related Mortgage Loan becomes an REO Mortgage Loan, in a manner which would
not result in a federal tax being imposed upon the Trust Estate or the REMIC.
MLCC Additional Collateral and NOVUS Additional Collateral may be
liquidated and the proceeds applied to cover any shortfalls upon the liquidation
of a Mortgaged Property; provided, however, that the Trust Estate in no event
shall acquire ownership of either the MLCC Additional Collateral or the NOVUS
Additional Collateral unless the Trust Administrator shall have received an
Opinion of Counsel that such ownership shall not cause the Trust Estate to fail
to qualify as a REMIC or subject the REMIC to any tax.
The Master Servicer may enter into a special servicing agreement
with an unaffiliated holder of 100% Percentage Interest of a Class of Class B
Certificates or a holder of a class of securities representing interests in the
Class B Certificates and/or other subordinated mortgage pass-through
certificates, such agreement to be substantially in the form of Exhibit M hereto
or subject to each Rating Agency's acknowledgment that the ratings of the
Certificates in effect immediately prior to the entering into of such agreement
would not be qualified, downgraded or withdrawn and the Certificates would not
be placed on credit review status (except for possible upgrading) as a result of
such agreement. Any such agreement may contain provisions whereby such holder
may instruct the Master Servicer to instruct a Servicer to the extent provided
in the applicable Servicing Agreement to commence or delay foreclosure
proceedings with respect to delinquent Mortgage Loans and will contain
provisions for the deposit of cash by the holder that would be available for
distribution to Certificateholders if Liquidation Proceeds are less than they
otherwise may have been had the Servicer acted in accordance with its normal
procedures.
SECTION 3.09 TERMINATION AND SUBSTITUTION OF SERVICING AGREEMENTS.
Upon the occurrence of any event for which a Servicer may be
terminated pursuant to its Servicing Agreement, the Master Servicer shall
promptly deliver to the Seller and the Trustee an Officer's Certificate
certifying that an event has occurred which may justify termination of such
Servicing Agreement, describing the circumstances surrounding such event and
recommending what action should be taken by the Trustee with respect to such
Servicer. If the Master Servicer recommends that such Servicing Agreement be
terminated, the Master Servicer's certification must state that the breach is
material and not merely technical in nature. Upon written direction of the
Master Servicer, based upon such certification, the Trustee shall promptly
terminate such Servicing Agreement. Notwithstanding the foregoing, in the event
that (i) Norwest Mortgage fails to make any advance, as a consequence of which
the Trust Administrator is obligated to make an advance pursuant to Section 3.03
and (ii) the Trust Administrator provides Norwest Mortgage written notice of the
failure to make such advance and such failure shall continue unremedied for a
period of 15 days after receipt of such notice, the Trust Administrator shall
recommend to the Trustee the termination of the Norwest Servicing Agreement
without the recommendation of the Master Servicer and upon such recommendation,
the Trustee shall terminate the Norwest Servicing Agreement. The Master Servicer
shall indemnify the Trustee and the Trust Administrator and hold each harmless
from and against any and all claims, liabilities, costs and expenses (including,
without limitation, reasonable attorneys' fees) arising out of, or assessed
against the Trustee or the Trust Administrator in connection with termination of
such Servicing Agreement at the direction of the Master Servicer. In addition,
the Master Servicer shall indemnify the Trustee and hold it harmless from and
against any and all claims, liabilities, costs and expenses (including, without
limitation, reasonable attorney's fees) arising out of, or assessed against the
Trustee in connection with the termination of the Norwest Servicing Agreement as
provided in the second preceding sentence. If the Trustee terminates such
Servicing Agreement, the Trustee may enter into a substitute Servicing Agreement
with the Master Servicer or, at the Master Servicer's nomination, with another
mortgage loan service company acceptable to the Trustee, the Trust
Administrator, the Master Servicer and each Rating Agency under which the Master
Servicer or such substitute servicer, as the case may be, shall assume, satisfy,
perform and carry out all liabilities, duties, responsibilities and obligations
that are to be, or otherwise were to have been, satisfied, performed and carried
out by such Servicer under such terminated Servicing Agreement. Until such time
as the Trustee enters into a substitute servicing agreement with respect to the
Mortgage Loans previously serviced by such Servicer, the Master Servicer shall
assume, satisfy, perform and carry out all obligations which otherwise were to
have been satisfied, performed and carried out by such Servicer under its
terminated Servicing Agreement. However, in no event shall the Master Servicer
be deemed to have assumed the obligations of a Servicer to advance payments of
principal and interest on a delinquent Mortgage Loan in excess of the Master
Servicer's independent Periodic Advance obligation under Section 3.03 of this
Agreement. As compensation for the Master Servicer of any servicing obligations
fulfilled or assumed by the Master Servicer, the Master Servicer shall be
entitled to any servicing compensation to which a Servicer would have been
entitled if the Servicing Agreement with such Servicer had not been terminated.
SECTION 3.10 APPLICATION OF NET LIQUIDATION PROCEEDS.
For all purposes under this agreement, Net Liquidation Proceeds
received from a Servicer shall be allocated first to accrued and unpaid interest
on the related Mortgage Loan and then to the unpaid principal balance thereof.
SECTION 3.11 1934 ACT REPORTS.
The Master Servicer shall, on behalf of the Seller, make all filings
required to be made by the Seller with respect to the Class A Certificates
(other than the Class A-PO Certificates) and the Class B-1, Class B-2 and Class
B-3 Certificates pursuant to the Securities Exchange Act of 1934, as amended.
<PAGE>
ARTICLE IV
DISTRIBUTIONS IN RESPECT OF CERTIFICATES;
PAYMENTS TO CERTIFICATEHOLDERS;
STATEMENTS AND REPORTS
SECTION 4.01 DISTRIBUTIONS.
(a) On each Distribution Date, the Pool Distribution Amount will be
applied in the following amounts, to the extent the Pool Distribution Amount is
sufficient therefor, in the manner and in the order of priority as follows:
first, to the Classes of Class A Certificates, pro rata,
based upon their respective Interest Accrual Amounts, in an aggregate
amount up to the Class A Interest Accrual Amount with respect to such
Distribution Date; provided that prior to the Accretion Termination Date,
an amount equal to the amount that would otherwise be distributable in
respect of interest to the Accrual Certificates pursuant to this provision
will instead be distributed in reduction of the Principal Balances of
certain Classes of Class A Certificates, in each case in accordance with
Section 4.01(b);
second, to the Classes of Class A Certificates, pro rata,
based upon their respective Class A Unpaid Interest Shortfalls, in an
aggregate amount up to the Aggregate Class A Unpaid Interest Shortfall;
provided that prior to the Accretion Termination Date, an amount equal to
the amount that would otherwise be distributable in respect of unpaid
interest shortfalls to the Accrual Certificates pursuant to this provision
will instead be distributed in reduction of the Principal Balances of
certain Classes of Class A Certificates, in each case in accordance with
Section 4.01(b);
third, concurrently, to the Class A Certificates (other
than the Class A-PO Certificates) and the Class A-PO Certificates, pro
rata, based on their respective Class A Non-PO Optimal Principal Amount
and Class A-PO Optimal Principal Amount, (A) to the Classes of Class A
Certificates (other than the Class A-PO Certificates), in an aggregate
amount up to the Class A Non-PO Optimal Principal Amount, such
distribution to be allocated among such Classes in accordance with Section
4.01(b) or Section 4.01(c), as applicable, and (B) to the Class A-PO
Certificates in an amount up to the Class A-PO Optimal Principal Amount;
fourth, to the Class A-PO Certificates in an amount up to
the Class A-PO Deferred Amount from amounts otherwise distributable
(without regard to this Paragraph fourth) first to the Class B-6
Certificates pursuant to Paragraph twenty-second, below, second to the
Class B-5 Certificates pursuant to Paragraph nineteenth, below, third to
the Class B-4 Certificates pursuant to Paragraph sixteenth, below, fourth
to the Class B-3 Certificates pursuant to Paragraph thirteenth, below,
fifth to the Class B-2 Certificates pursuant to Paragraph tenth below, and
sixth to the Class B-1 Certificates pursuant to Paragraph seventh below;
fifth, to the Class B-1 Certificates in an amount up to the
Interest Accrual Amount for the Class B-1 Certificates with respect to
such Distribution Date;
sixth, to the Class B-1 Certificates in an amount up to the
Class B-1 Unpaid Interest Shortfall;
seventh, to the Class B-1 Certificates in an amount up to
the Class B-1 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-1 Certificates pursuant to this Paragraph
seventh will be reduced by the amount, if any, that would have been
distributable to the Class B-1 Certificates hereunder used to pay the
Class A-PO Deferred Amount as provided in Paragraph fourth above;
eighth, to the Class B-2 Certificates in an amount up to
the Interest Accrual Amount for the Class B-2 Certificates with respect to
such Distribution Date;
ninth, to the Class B-2 Certificates in an amount up to the
Class B-2 Unpaid Interest Shortfall;
tenth, to the Class B-2 Certificates in an amount up to the
Class B-2 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-2 Certificates pursuant to this Paragraph
tenth will be reduced by the amount, if any, that would have been
distributable to the Class B-2 Certificates hereunder used to pay the
Class A-PO Deferred Amount as provided in Paragraph fourth above;
eleventh, to the Class B-3 Certificates in an amount up to
the Interest Accrual Amount for the Class B-3 Certificates with respect to
such Distribution Date;
twelfth, to the Class B-3 Certificates in an amount up to
the Class B-3 Unpaid Interest Shortfall;
thirteenth, to the Class B-3 Certificates in an amount up
to the Class B-3 Optimal Principal Amount; provided, however, that the
amount distributable to the Class B-3 Certificates pursuant to this
Paragraph thirteenth will be reduced by the amount, if any, that would
have been distributable to the Class B-3 Certificates hereunder used to
pay the Class A-PO Deferred Amount as provided in Paragraph fourth above;
fourteenth, to the Class B-4 Certificates in an amount up
to the Interest Accrual Amount for the Class B-4 Certificates with respect
to such Distribution Date;
fifteenth, to the Class B-4 Certificates in an amount up to
the Class B-4 Unpaid Interest Shortfall;
sixteenth, to the Class B-4 Certificates in an amount up to
the Class B-4 Optimal Principal Amount; provided, however, that the amount
distributable to the Class B-4 Certificates pursuant to this Paragraph
sixteenth will be reduced by the amount, if any, that would have been
distributable to the Class B-4 Certificates hereunder used to pay the
Class A-PO Deferred Amount as provided in Paragraph fourth above;
seventeenth, to the Class B-5 Certificates in an amount up
to the Interest Accrual Amount for the Class B-5 Certificates with respect
to such Distribution Date;
eighteenth, to the Class B-5 Certificates in an amount up
to the Class B-5 Unpaid Interest Shortfall;
nineteenth, to the Class B-5 Certificates in an amount up
to the Class B-5 Optimal Principal Amount; provided, however, that the
amount distributable to the Class B-5 Certificates pursuant to this
Paragraph nineteenth will be reduced by the amount, if any, that would
have been distributable to the Class B-5 Certificates hereunder used to
pay the Class A-PO Deferred Amount as provided in Paragraph fourth above;
twentieth, to the Class B-6 Certificates in an amount up to
the Interest Accrual Amount for the Class B-6 Certificates with respect to
such Distribution Date;
twenty-first, to the Class B-6 Certificates in an amount up
to the Class B-6 Unpaid Interest Shortfall;
twenty-second, to the Class B-6 Certificates in an amount
up to the Class B-6 Optimal Principal Amount; provided, however, that the
amount distributable to the Class B-6 Certificates pursuant to this
Paragraph twenty-second will be reduced by the amount, if any, that would
have been distributable to the Class B-6 Certificates hereunder used to
pay the Class A-PO Deferred Amount as provided in Paragraph fourth above;
and
twenty-third, to the Holder of the Class A-R Certificate.
Notwithstanding the foregoing, after the Principal Balance of any
Class (other than the Class A-R Certificate) has been reduced to zero, such
Class will be entitled to no further distributions of principal or interest
(including, without limitation, any Unpaid Interest Shortfalls).
In addition, Net Foreclosure Profits, if any, with respect to such
Distribution Date minus any portion thereof payable to a Servicer pursuant to
Section 3.02(ix) hereof shall be distributed to the Holder of the Class A-R
Certificate.
With respect to any Distribution Date, the amount of the Principal
Adjustment, if any, attributable to any Class of Class B Certificates will be
allocated to the Classes of Class A Certificates (other than the Class A-PO
Certificates) and any Class of Class B Certificates with a lower numerical
designation pro rata based on their outstanding Principal Balances.
(b) On each Distribution Date occurring prior to the Cross-Over
Date, the Class A Non-PO Principal Distribution Amount will be allocated among
and distributed in reduction of the Principal Balances of the Classes of Class A
Certificates (other than the Principal Balance of the Class A-PO Certificates)
in accordance with the following priorities:
I. On each Distribution Date occurring prior to the Accretion Termination Date,
the Accrual Distribution Amount will be allocated, sequentially, as follows:
first, to the Class A-15 Certificates, until the Principal
Balance thereof has been reduced to zero; and
second, to the Class A-4 Certificates, until the Principal
Balance thereof has been reduced to zero; and
II. The Class A Non-PO Principal Amount will be allocated sequentially as
follows:
first, concurrently, to the Class A-5 and Class A-16
Certificates, pro rata, up to the Priority Amount for such Distribution
Date;
second, concurrently, as follows:
(i) 41.2019659003%, sequentially, as follows:
(a) to the Class A-R Certificate, until the Principal
Balance thereof has been reduced to zero;
(b) concurrently, until $202,699,900.00 has been paid
pursuant to this priority II. second (i) (b):
(I) 81.0561475363%, concurrently, as follows:
(A) 82.7166957809% to the Class A-2
Certificates, until the Principal Balance thereof has
been reduced to zero;
(B) 3.1352763923% to the Class A-6
Certificates, until the Principal Balance thereof has
been reduced to zero; and
(C) 14.1480278268% to the Class A-8
Certificates, until the Principal Balance thereof has
been reduced to zero; and
(II) 18.9438524637%, sequentially, as follows:
(A) concurrently, until $13,399,170.00 is
paid pursuant to this priority II. second (i) (b) (II)
(A), as follows:
(1) 39.1403572012% to the Class
A-6 Certificates; and
(2) 60.8596427988% to the Class
A-8 Certificates; and
(B) to the Class A-7 Certificates, until the
Principal Balance thereof has been reduced to zero;
(c) to the Class A-3 Certificates, until the Principal
Balance thereof has been reduced to zero; and
(d) sequentially, to the Class A-15 and Class A-4
Certificates, in that order, until the Principal Balance of each
such Class has been reduced to zero; and
(ii) concurrently, 58.7980340997% as follows:
(a) 41.6517506426%, sequentially, as follows:
(I) to the Class A-1 Certificates, until the
Principal Balance thereof has been reduced to zero; and
(II) sequentially, to the Class A-15 and Class A-4
Certificates, in that order, until the Principal Balance of
each such Class has been reduced to zero; and
(b) 58.3482493574%, sequentially, as follows:
(I) to the Class A-2 Certificates, until
$162,500,000.00 is paid pursuant to this priority II. second
(ii) (b) (I);
(II) concurrently, as follows:
(A) 33.3333344262%, sequentially, to the
Class A-9, Class A-10, Class A-11, Class A-12 and Class
A-13 Certificates, in that order, until the Principal
Balance of each such Class has been reduced to zero; and
(B) 66.6666655738% to the Class A-14
Certificates, until the Principal Balance thereof has
been reduced to zero; and
(III) sequentially, to the Class A-15 and Class
A-4 Certificates, in that order, until the Principal Balance
of each such Class has been reduced to zero; and
third, concurrently, to the Class A-5 and Class A-16
Certificates, pro rata, without regard to the Priority Amount for such
Distribution Date, until the Principal Balance of each such Class has been
reduced to zero.
(c) Notwithstanding the foregoing, on each Distribution Date
occurring on or subsequent to the Cross-Over Date, the Class A Non-PO Principal
Distribution Amount shall be distributed among the Classes of Class A
Certificates (other than the Class A-PO Certificates) pro rata in accordance
with their outstanding Principal Balances without regard to either the
proportions or the priorities set forth in Section 4.01(b).
(d) (i) For purposes of determining whether the Classes of Class B
Certificates are eligible to receive distributions of principal with
respect to any Distribution Date, the following tests shall apply:
(A) if the Current Class B-1 Fractional Interest is less than
the Original Class B-1 Fractional Interest and the Class B-1
Principal Balance is greater than zero, the Class B-2, Class B-3,
Class B-4, Class B-5 and Class B-6 Certificates shall not be
eligible to receive distributions of principal; or
(B) if the Current Class B-2 Fractional Interest is less than
the Original Class B-2 Fractional Interest and the Class B-2
Principal Balance is greater than zero, the Class B-3, Class B-4,
Class B-5 and Class B-6 Certificates shall not be eligible to
receive distributions of principal; or
(C) if the Current Class B-3 Fractional Interest is less than
the Original Class B-3 Fractional Interest and the Class B-3
Principal Balance is greater than zero, the Class B-4, Class B-5 and
Class B-6 Certificates shall not be eligible to receive
distributions of principal; or
(D) if the Current Class B-4 Fractional Interest is less than
the Original Class B-4 Fractional Interest and the Class B-4
Principal Balance is greater than zero, the Class B-5 and Class B-6
Certificates shall not be eligible to receive distributions of
principal; or
(E) if the Current Class B-5 Fractional Interest is less than
the Original Class B-5 Fractional Interest and the Class B-5
Principal Balance is greater than zero, the Class B-6 Certificates
shall not be eligible to receive distributions of principal.
(ii) Notwithstanding the foregoing, if on any Distribution
Date the aggregate distributions to Holders of the Classes of Class B
Certificates entitled to receive distributions of principal would reduce
the Principal Balances of the Classes of Class B Certificates entitled to
receive distributions of principal below zero, first the Class B
Prepayment Percentage of any affected Class of Class B Certificates for
such Distribution Date beginning with the affected Class with the lowest
numerical Class designation and then, if necessary, the Class B Percentage
of such Class of the Class B Certificates for such Distribution Date shall
be reduced to the respective percentages necessary to bring the Principal
Balance of such Class of Class B Certificates to zero. The Class B
Prepayment Percentages and the Class B Percentages of the remaining
Classes of Class B Certificates will be recomputed substituting for the
Subordinated Prepayment Percentage and Subordinated Percentage in such
computations the difference between (A) the Subordinated Prepayment
Percentage or Subordinated Percentage, as the case may be, and (B) the
percentages determined in accordance with the preceding sentence necessary
to bring the Principal Balances of the affected Classes of Class B
Certificates to zero; provided, however, that if the Principal Balances of
all the Classes of Class B Certificates eligible to receive distributions
of principal shall be reduced to zero on such Distribution Date, the Class
B Prepayment Percentage and the Class B Percentage of the Class of Class B
Certificates with the lowest numerical Class designation which would
otherwise be ineligible to receive distributions of principal in
accordance with this Section shall equal the remainder of the Subordinated
Prepayment Percentage for such Distribution Date minus the sum of the
Class B Prepayment Percentages of the Classes of Class B Certificates
having lower numerical Class designations, if any, and the remainder of
the Subordinated Percentage for such Distribution Date minus the sum of
the Class B Percentages of the Classes of Class B Certificates having
lower numerical Class designations, if any, respectively. Any entitlement
of any Class of Class B Certificates to principal payments solely pursuant
to this clause (ii) shall not cause such Class to be regarded as being
eligible to receive principal distributions for the purpose of applying
the definition of its Class B Percentage or Class B Prepayment Percentage.
(e) On each Distribution Date other than the Final Distribution Date
(if such Final Distribution Date is in connection with a purchase of the assets
of the Trust Estate by the Seller), the Paying Agent shall, on behalf of the
Master Servicer, from funds remitted to it by the Master Servicer, distribute to
each Certificateholder of record on the preceding Record Date (other than as
provided in Section 9.01 respecting the final distribution to Certificateholders
or in the last paragraph of this Section 4.01(e) respecting the final
distribution in respect of any Class) either in immediately available funds by
wire transfer to the account of such Certificateholder at a bank or other entity
having appropriate facilities therefor, if such Certificateholder holds
Certificates having a Denomination at least equal to that specified in Section
11.23, and has so notified the Master Servicer or, if applicable, the Paying
Agent at least seven Business Days prior to the Distribution Date or, if such
Holder holds Certificates having, in the aggregate, a Denomination less than the
requisite minimum Denomination or if such Holder holds the Class A-R Certificate
or has not so notified the Paying Agent, by check mailed to such Holder at the
address of such Holder appearing in the Certificate Register, such Holder's
share of the Class A Distribution Amount with respect to each Class of Class A
Certificates and the Class B Distribution Amount with respect to each such Class
of Class B Certificates.
In the event that, on any Distribution Date prior to the Final
Distribution Date, the Principal Balance of any Class of Class A Certificates
(other than the Class A-R Certificate) or the Principal Balance of any Class of
Class B Certificates would be reduced to zero, the Master Servicer shall, as
soon as practicable after the Determination Date relating to such Distribution
Date, send a notice to the Trust Administrator. The Trust Administrator will
then send a notice to each Certificateholder of such Class with a copy to the
Certificate Registrar, specifying that the final distribution with respect to
such Class will be made on such Distribution Date only upon the presentation and
surrender of such Certificateholder's Certificates at the office or agency of
the Trust Administrator therein specified; provided, however, that the failure
to give such notice will not entitle a Certificateholder to any interest beyond
the interest payable with respect to such Distribution Date in accordance with
Section 4.01(a).
(f) The Paying Agent (or if no Paying Agent is appointed by the
Master Servicer, the Master Servicer) shall withhold or cause to be withheld
such amounts as may be required by the Code (giving full effect to any
exemptions from withholding and related certifications required to be furnished
by Certificateholders and any reductions to withholding by virtue of any
bilateral tax treaties and any applicable certification required to be furnished
by Certificateholders with respect thereto) from distributions to be made to
Persons other than U.S. Persons ("Non-U.S. Persons"). Amounts withheld pursuant
to this Section 4.01(f) shall be treated as having been distributed to the
related Certificateholder for all purposes of this Agreement. For the purposes
of this paragraph, a "U.S. Person" is a citizen or resident of the United
States, a corporation or partnership (unless, in the case of a partnership,
Treasury regulations are adopted that provide otherwise), created or organized
in or under the laws of the United States, any state thereof or the District of
Columbia, including an entity treated as a corporation or partnership for
federal income tax purposes, an estate whose income is subject to United States
federal income tax regardless of its source, or a trust if a court within the
United States is able to exercise primary supervision over the administration of
such trust, and one or more such U.S. Persons have the authority to control all
substantial decisions of such trust (or, to the extent provided in applicable
Treasury regulations, certain trusts in existence on August 20, 1996 which are
eligible to be treated as U.S. Persons).
SECTION 4.02 ALLOCATION OF REALIZED LOSSES.
(a) With respect to any Distribution Date, the principal portion of
Realized Losses (other than Debt Service Reductions, Excess Special Hazard
Losses, Excess Fraud Losses and Excess Bankruptcy Losses) will be allocated as
follows:
first, to the Class B-6 Certificates until the Class B-6
Principal Balance has been reduced to zero;
second, to the Class B-5 Certificates until the Class B-5
Principal Balance has been reduced to zero;
third, to the Class B-4 Certificates until the Class B-4
Principal Balance has been reduced to zero;
fourth, to the Class B-3 Certificates until the Class B-3
Principal Balance has been reduced to zero;
fifth, to the Class B-2 Certificates until the Class B-2
Principal Balance has been reduced to zero;
sixth, to the Class B-1 Certificates until the Class B-1
Principal Balance has been reduced to zero; and
seventh, concurrently, to the Class A Certificates (other
than the Class A-PO Certificates) and Class A-PO Certificates, pro rata,
based on the Non-PO Fraction and the PO Fraction, respectively.
This allocation of Realized Losses will be effected through the
reduction of the applicable Class's Principal Balance.
(b) With respect to any Distribution Date, the principal portion of
Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
occurring with respect to any Mortgage Loan allocable to the Class A-PO
Certificates will equal the product of the amount of any such principal loss and
the PO Fraction for such Mortgage Loan. The principal portion of any Excess
Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses
remaining after allocation to the Class A-PO Certificates in accordance with the
preceding sentence shall be allocated pro rata among the Class A Certificates
(other than the Class A-PO Certificates) and Class B Certificates based on the
Class A Non-PO Principal Balance and the Class B Principal Balance,
respectively. Any such loss allocated to the Class A Certificates shall be
allocated on the subsequent Determination Date among the outstanding Classes of
Class A Certificates (other than the Class A-PO Certificates) in accordance with
the Class A Loss Percentages as of such Determination Date. Any such loss
allocated to the Class B Certificates shall be allocated pro rata among the
outstanding Classes of Class B Certificates based on their Principal Balances.
(c) Any Realized Losses allocated to a Class of Class A Certificates
or Class B Certificates pursuant to Section 4.02(a) or Section 4.02(b) shall be
allocated among the Certificates of such Class based on their Percentage
Interests.
(d) In the event that there is a Recovery of an amount in respect of
principal of a Mortgage Loan which had previously been allocated as a Realized
Loss to any Classes of Class A Certificates or any Classes of Class B
Certificates, each outstanding Class to which such Realized Loss had previously
been allocated shall be entitled to its share (with respect to the Class A-PO
Certificates, based on the PO Fraction of such Mortgage Loan and, with respect
to the Class A Certificates (other than the Class A-PO Certificates) and Class B
Certificates, based on their pro rata share of the Non-PO Fraction of such
Mortgage Loan) of such Recovery up to the amount of such Realized Loss
previously allocated to such Class on the Distribution Date in the month
following the month in which such recovery is received. When the Principal
Balance of a Class of Certificates has been reduced to zero, such Class shall
not be entitled to any share of such Recovery. In the event that the amount of
such Recovery exceeds the amount of such Recovery allocated to each outstanding
Class in accordance with the preceding provisions, each outstanding Class shall
be entitled to its pro rata share (determined as described above) of such excess
up to the amount of any unrecovered Realized Loss previously allocated to such
Class. Notwithstanding the foregoing provisions, but subject to the following
proviso, if such Recovery occurs within two years of the realization of such
loss and (i) is the result of an event that would have given rise to the
repurchase of the related Mortgage Loan by the Seller pursuant to Section 2.02
or 2.03, or (ii) represents in whole or part funds which the applicable Servicer
had received in respect of a Liquidated Loan but failed to remit to the
Certificate Account on or prior to the Business Day preceding the Distribution
Date following the Applicable Unscheduled Principal Receipt Period in which the
Mortgage Loan became a Liquidated Loan, such Recovery may, at the sole
discretion of the Master Servicer, be treated as a repurchase or an Unscheduled
Principal Receipt with respect to such Mortgage Loan, as the case may be, the
Realized Loss previously recognized may be reversed and treated for all
subsequent purposes as if it had never occurred and the Master Servicer may make
such adjustments to interest or principal distributions on the Certificates and
to the principal balances of the Certificates as the Master Servicer in its good
faith judgment and sole discretion deems necessary or desirable to effectuate
the reversal of the Realized Loss and the treatment of such amount as a
repurchase or as an Unscheduled Principal Receipt, as the case may be; provided
that such actions do not result in the aggregate distributions made in respect
of each Class of Certificates whose principal balances were previously reduced
as a result of such Realized Loss being less than such Class would have received
if such Recovery had been deposited in the Certificate Account on or prior to
the Business Day preceding the Distribution Date following the Applicable
Unscheduled Principal Receipt Period in which the Mortgage Loan became a
Liquidated Loan.
(e) The interest portion of Excess Special Hazard Losses, Excess
Fraud Losses and Excess Bankruptcy Losses shall be allocated between (i) the
Class A Certificates and (ii) the Class B Certificates, pro rata based on the
Class A Interest Accrual Amount and the Class B Interest Accrual Amount for the
related Distribution Date, without regard to any reduction pursuant to this
sentence. Any such loss allocated to the Class A Certificates shall be allocated
among the outstanding Classes of Class A Certificates based on their Class A
Interest Percentages. Any such loss allocated to the Class B Certificates will
be allocated among the outstanding Classes of Class B Certificates based on
their Class B Interest Percentages. In addition, after the Class B Principal
Balance has been reduced to zero, the interest portion of Realized Losses (other
than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy
Losses) will be allocated among the outstanding Classes of Class A Certificates
based on their Class A Interest Percentages.
(f) Realized Losses allocated in accordance with this Section 4.02
will be allocated on the Determination Date in the second month following the
month in which such loss was incurred with respect to the preceding Distribution
Date.
SECTION 4.03 PAYING AGENT.
(a) The Master Servicer hereby appoints the Trust Administrator as
initial Paying Agent to make distributions to Certificateholders and to forward
to Certificateholders the periodic statements and the annual statements required
by Section 4.04 as agent of the Master Servicer.
The Master Servicer may, at any time, remove or replace the Paying
Agent.
The Master Servicer shall cause any Paying Agent that is not the
Trust Administrator to execute and deliver to the Trust Administrator an
instrument in which such Paying Agent agrees with the Trust Administrator that
such Paying Agent shall:
(i) hold all amounts remitted to it by the Master Servicer
for distribution to Certificateholders in trust for the benefit of
Certificateholders until such amounts are distributed to
Certificateholders or otherwise disposed of as herein provided;
(ii) give the Trust Administrator notice of any default by
the Master Servicer in remitting any required amount; and
(iii) at any time during the continuance of any such
default, upon the written request of the Trust Administrator, forthwith
pay to the Trust Administrator all amounts held in trust by such Paying
Agent.
(b) The Paying Agent shall establish and maintain a Payment Account,
which shall be a separate trust account and an Eligible Account, in which the
Master Servicer shall cause to be deposited from funds in the Certificate
Account or, to the extent required hereunder, from its own funds (i) at or
before 10:00 a.m., New York time, on the Business Day preceding each
Distribution Date, by wire transfer of immediately available funds, any Periodic
Advance for such Distribution Date, pursuant to Section 3.03 and (ii) at or
before 10:00 a.m., New York time, on the Business Day preceding each
Distribution Date, by wire transfer of immediately available funds, (a) an
amount equal to the Pool Distribution Amount, (b) Net Foreclosure Profits, if
any, with respect to such Distribution Date and (c) the amount of any recovery
in respect of a Realized Loss. The Master Servicer may cause the Paying Agent to
invest the funds in the Payment Account. Any such investment shall be in
Eligible Investments, which shall mature not later than the Business Day
preceding the related Distribution Date (unless the Eligible Investments are
obligations of the Trust Administrator, in which case such Eligible Investments
shall mature not later than the Distribution Date), and shall not be sold or
disposed of prior to maturity. All income and gain realized from any such
investment shall be for the benefit of the Master Servicer and shall be subject
to its withdrawal or order from time to time. The amount of any losses incurred
in respect of any such investments shall be deposited in the Payment Account by
the Master Servicer out of its own funds immediately as realized. The Paying
Agent may withdraw from the Payment Account any amount deposited in the Payment
Account that was not required to be deposited therein and may clear and
terminate the Payment Account pursuant to Section 9.01.
SECTION 4.04 STATEMENTS TO CERTIFICATEHOLDERS; REPORT TO THE TRUST
ADMINISTRATOR AND THE SELLER.
Concurrently with each distribution pursuant to Section 4.01(e), the
Master Servicer, or the Paying Agent appointed by the Master Servicer (upon
receipt of such statement from the Master Servicer), shall forward or cause to
be forwarded by mail to each Holder of a Certificate and the Seller a statement
setting forth:
(i) the amount of such distribution to Holders of each
Class of Class A Certificates allocable to principal, separately
identifying the aggregate amount of any Unscheduled Principal Receipts
included therein;
(ii) (a) the amount of such distribution to Holders of each
Class of Class A Certificates allocable to interest, (b) the amount of the
Current Class A Interest Distribution Amount allocated to each Class of
Class A Certificates, (c) any Class A Interest Shortfall Amounts arising
with respect to such Distribution Date and any remaining Class A Unpaid
Interest Shortfall with respect to each Class after giving effect to such
distribution, (d) the amount of any Non-Supported Interest Shortfall
allocated to each Class of Class A Certificates for such Distribution Date
and (e) the interest portion of Excess Special Hazard Losses, Excess Fraud
Losses and Excess Bankruptcy Losses allocated to each Class for such
Distribution Date;
(iii) the amount of such distribution to Holders of each
Class of Class B Certificates allocable to principal, separately
identifying the aggregate amount of any Unscheduled Principal Receipts
included therein;
(iv) the amount of such distribution to Holders of each
Class of Class B Certificates allocable to interest, (b) the amount of the
Current Class B Interest Distribution Amount allocated to each Class of
Class B Certificates, (c) any Class B Interest Shortfall Amounts arising
with respect to such Distribution Date and any remaining Class B Unpaid
Interest Shortfall with respect to each Class of Class B Certificates
after giving effect to such distribution, (d) the amount of any
Non-Supported Interest Shortfall allocated to each Class of Class B
Certificates for such Distribution Date, and (e) the interest portion of
Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy
Losses allocated to each Class of Class B Certificates for such
Distribution Date;
(v) the amount of any Periodic Advance by any Servicer, the
Master Servicer or the Trust Administrator pursuant to the Servicing
Agreements or this Agreement;
(vi) the number of Mortgage Loans outstanding as of the
preceding Determination Date;
(vii) the Class A Principal Balance, the Principal Balance
of each Class of Class A Certificates, the Class B Principal Balance and
the Principal Balance of each Class of Class B Certificates as of the
following Determination Date after giving effect to the distributions of
principal made, and the principal portion of Realized Losses, if any,
allocated with respect to such Distribution Date;
(viii) the Adjusted Pool Amount, the Adjusted Pool Amount
(PO Portion), the Pool Scheduled Principal Balance of the Mortgage Loans
for such Distribution Date and the aggregate Scheduled Principal Balance
of the Discount Mortgage Loans for such Distribution Date;
(ix) the aggregate Scheduled Principal Balances of the
Mortgage Loans serviced by Norwest Mortgage and, collectively, by the
Other Servicers as of such Distribution Date;
(x) the Class A Percentage for the following Distribution
Date (without giving effect to Unscheduled Principal Receipts received
after the Applicable Unscheduled Principal Receipt Period for the current
Distribution Date which are applied by a Servicer during such Applicable
Unscheduled Principal Receipt Period);
(xi) the Class A Prepayment Percentage for the following
Distribution Date (without giving effect to Unscheduled Principal Receipts
received after the Applicable Unscheduled Principal Receipt Period for the
current Distribution Date which are applied by a Servicer during such
Applicable Unscheduled Principal Receipt Period);
(xii) the Class B-1, Class B-2, Class B-3, Class B-4, Class
B-5 and Class B-6 Percentages for the following Distribution Date (without
giving effect to Unscheduled Principal Receipts received after the
Applicable Unscheduled Principal Receipt Period for the current
Distribution Date which are applied by a Servicer during such Applicable
Unscheduled Principal Receipt Period);
(xiii) the Class B-1, Class B-2, Class B-3, Class B-4,
Class B-5 and Class B-6 Prepayment Percentages for the following
Distribution Date (without giving effect to Unscheduled Principal Receipts
received after the Applicable Unscheduled Principal Receipt Period for the
current Distribution Date which are applied by a Servicer during such
Applicable Unscheduled Principal Receipt Period);
(xiv) the number and aggregate principal balances of
Mortgage Loans delinquent (a) one month, (b) two months and (c) three
months or more;
(xv) the number and aggregate principal balances of the
Mortgage Loans in foreclosure as of the preceding Determination Date;
(xvi) the book value of any real estate acquired through
foreclosure or grant of a deed in lieu of foreclosure;
(xvii) the amount of the remaining Special Hazard Loss
Amount, Fraud Loss Amount and Bankruptcy Loss Amount as of the close of
business on such Distribution Date;
(xviii) the principal and interest portions of Realized
Losses allocated as of such Distribution Date and the amount of such
Realized Losses constituting Excess Special Hazard Losses, Excess Fraud
Losses or Excess Bankruptcy Losses;
(xix) the aggregate amount of Bankruptcy Losses allocated
to each Class of Class B Certificates in accordance with Section 4.02(a)
since the Relevant Anniversary;
(xx) the amount by which the Principal Balance of each
Class of Class B Certificates has been reduced as a result of Realized
Losses allocated as of such Distribution Date;
(xxi) the unpaid principal balance of any Mortgage Loan as
to which the Servicer of such Mortgage Loan has determined not to
foreclose because it believes the related Mortgaged Property may be
contaminated with or affected by hazardous wastes or hazardous substances;
(xxii) the amount of the aggregate Servicing Fees and
Master Servicing Fees paid (and not previously reported) with respect to
the related Distribution Date and the amount by which the aggregate
Available Master Servicer Compensation has been reduced by the Prepayment
Interest Shortfall for the related Distribution Date;
(xxiii) the Class A-PO Deferred Amount, if any; and
(xxiv) such other customary information as the Master
Servicer deems necessary or desirable to enable Certificateholders to
prepare their tax returns;
and shall deliver a copy of each type of statement to the Trust Administrator,
who shall provide copies thereof to Persons making written request therefor at
the Corporate Trust Office.
In the case of information furnished with respect to a Class of
Class A Certificates pursuant to clauses (i) and (ii) above and with respect to
a Class of Class B Certificates pursuant to clauses (iii) and (iv) above, the
amounts shall be expressed as a dollar amount per Class A or Class B Certificate
(other than the Class A-R Certificate) with a $1,000 Denomination, and as a
dollar amount per Class A-R Certificate with a $100 Denomination.
Within a reasonable period of time after the end of each calendar
year, the Master Servicer shall furnish or cause to be furnished to each Person
who at any time during the calendar year was the Holder of a Certificate a
statement containing the information set forth in clauses (i) and (ii)(a) above
in the case of a Class A Certificateholder and the information set forth in
clauses (iii) and (iv)(a) above in the case of a Class B Certificateholder
aggregated for such calendar year or applicable portion thereof during which
such Person was a Certificateholder. Such obligation of the Master Servicer
shall be deemed to have been satisfied to the extent that substantially
comparable information shall be provided by the Master Servicer pursuant to any
requirements of the Code from time to time in force.
Prior to the close of business on the third Business Day preceding
each Distribution Date, the Master Servicer shall furnish a statement to the
Trust Administrator, any Paying Agent and the Seller (the information in such
statement to be made available to Certificateholders by the Master Servicer on
written request) setting forth the Class A Distribution Amount with respect to
each Class of Class A Certificates and the Class B Distribution Amount with
respect to each Class of Class B Certificates. The determination by the Master
Servicer of such amounts shall, in the absence of obvious error, be
presumptively deemed to be correct for all purposes hereunder and the Trust
Administrator and the Paying Agent shall be protected in relying upon the same
without any independent check or verification.
In addition to the reports required pursuant to this Section 4.04,
the Master Servicer shall make available upon request to each Holder and each
proposed transferee of a Class A-PO, Class B-4, Class B-5 or Class B-6
Certificate such additional information, if any, as may be required to permit
the proposed transfer to be effected pursuant to Rule 144A.
SECTION 4.05 REPORTS TO MORTGAGORS AND THE INTERNAL REVENUE SERVICE.
The Master Servicer shall, in each year beginning after the Cut-Off
Date, make the reports of foreclosures and abandonments of any Mortgaged
Property as required by Code Section 6050J. In order to facilitate this
reporting process, the Master Servicer shall request that each Servicer, on or
before January 15th of each year, shall provide to the Internal Revenue Service,
with copies to the Master Servicer, reports relating to each instance occurring
during the previous calendar year in which such Servicer (i) on behalf of the
Trustee acquires an interest in a Mortgaged Property through foreclosure or
other comparable conversion in full or partial satisfaction of a Mortgage Loan
serviced by such Servicer, or (ii) knows or has reason to know that a Mortgaged
Property has been abandoned. Reports from the Servicers shall be in form and
substance sufficient to meet the reporting requirements imposed by Code Section
6050J. In addition, each Servicer shall provide the Master Servicer with
sufficient information to allow the Master Servicer to, for each year ending
after the Cut-Off Date, provide, or cause to be provided, to the Internal
Revenue Service and the Mortgagors such information as is required under Code
Sections 6050H (regarding payment of interest) and 6050P (regarding cancellation
of indebtedness).
SECTION 4.06 CALCULATION OF AMOUNTS; BINDING EFFECT OF INTERPRETATIONS AND
ACTIONS OF MASTER SERVICER.
The Master Servicer will compute the amount of all distributions to
be made on the Certificates and all losses to be allocated to the Certificates.
In the event that the Master Servicer concludes that any ambiguity or
uncertainty exists in any provisions of this Agreement relating to distributions
to be made on the Certificates or the allocation of losses to the Certificates,
the interpretation of such provisions and any actions taken by the Master
Servicer in good faith to implement such interpretation shall be binding upon
Certificateholders.
<PAGE>
ARTICLE V
THE CERTIFICATES
SECTION 5.01 THE CERTIFICATES.
(a) The Class A and Class B Certificates shall be issued only in
minimum Denominations of a Single Certificate and, except for the Class A-PO and
Class A-R Certificates, integral multiples of $1,000 in excess thereof (except,
if necessary, for one Certificate of each Class (other than Class A-PO and Class
A-R Certificates) that evidences one Single Certificate plus such additional
principal portion as is required in order for all Certificates of such Class to
equal the aggregate Original Principal Balance of such Class), and shall be
substantially in the respective forms set forth as Exhibits A-1, A-2, A-3, A-4,
A-5, A-6, A-7, A-8, A-9, A-10, A-11, A-12, A-13, A-14, A-15, A-16, A-PO, A-R,
B-1, B-2, B-3, B-4, B-5, B-6 and C (reverse side of Certificates) hereto. On
original issue the Certificates shall be executed and delivered by the Trust
Administrator to or upon the order of the Seller upon receipt by the Trust
Administrator or the Custodian of the documents specified in Section 2.01. The
aggregate principal portion evidenced by the Class A and Class B Certificates
shall be the sum of the amounts specifically set forth in the respective
Certificates. The Certificates shall be executed by manual or facsimile
signature on behalf of the Trust Administrator by any Responsible Officer
thereof. Certificates bearing the manual or facsimile signatures of individuals
who were at any time the proper officers of the Trust Administrator shall bind
the Trust Administrator notwithstanding that such individuals or any of them
have ceased to hold such offices prior to the authentication and delivery of
such Certificates or did not hold such offices at the date of such Certificates.
No Certificate shall be entitled to any benefit under this Agreement, or be
valid for any purpose, unless manually countersigned by a Responsible Officer of
the Trust Administrator, or unless there appears on such Certificate a
certificate of authentication executed by the Authenticating Agent by manual
signature, and such countersignature or certificate upon a Certificate shall be
conclusive evidence, and the only evidence, that such Certificate has been duly
authenticated and delivered hereunder. All Certificates shall be dated the date
of their authentication.
Until such time as Definitive Certificates are issued pursuant to
Section 5.07, each Book-Entry Certificate shall bear the following legend:
"Unless this certificate is presented by an authorized
representative of [the Clearing Agency] to the Seller or its agent for
registration of transfer, exchange or payment, and any certificate issued is
registered in the name of [the Clearing Agency] or such other name as requested
by an authorized representative of [the Clearing Agency] and any payment is made
to [the Clearing Agency], any transfer, pledge or other use hereof for value or
otherwise by or to any person is wrongful since the registered owner hereof,
[the Clearing Agency], has an interest herein."
(b) Upon original issuance, the Book-Entry Certificates shall be
issued in the form of one or more typewritten certificates, to be delivered to
The Depository Trust Company, the initial Clearing Agency, by, or on behalf of,
the Seller. Such Certificates shall initially be registered in the Certificate
Register in the name of the nominee of the initial Clearing Agency, and no
Beneficial Owner will receive a definitive certificate representing such
Beneficial Owner's interest in the Book-Entry Certificates, except as provided
in Section 5.07. Unless and until definitive, fully registered certificates
("Definitive Certificates") have been issued to Beneficial Owners pursuant to
Section 5.07:
(i) the provisions of this Section 5.01(b) shall be in full
force and effect;
(ii) the Seller, the Master Servicer, the Certificate
Registrar and the Trust Administrator may deal with the Clearing Agency
for all purposes (including the making of distributions on the Book-Entry
Certificates and the taking of actions by the Holders of Book-Entry
Certificates) as the authorized representative of the Beneficial Owners;
(iii) to the extent that the provisions of this Section
5.01(b) conflict with any other provisions of this Agreement, the
provisions of this Section 5.01(b) shall control;
(iv) the rights of Beneficial Owners shall be exercised
only through the Clearing Agency and shall be limited to those established
by law, the rules, regulations and procedures of the Clearing Agency and
agreements between such Beneficial Owners and the Clearing Agency and/or
the Clearing Agency Participants, and all references in this Agreement to
actions by Certificateholders shall, with respect to the Book-Entry
Certificates, refer to actions taken by the Clearing Agency upon
instructions from the Clearing Agency Participants, and all references in
this Agreement to distributions, notices, reports and statements to
Certificateholders shall, with respect to the Book-Entry Certificates,
refer to distributions, notices, reports and statements to the Clearing
Agency or its nominee, as registered holder of the Book-Entry
Certificates, as the case may be, for distribution to Beneficial Owners in
accordance with the procedures of the Clearing Agency; and
(v) the initial Clearing Agency will make book-entry
transfers among the Clearing Agency Participants and receive and transmit
distributions of principal and interest on the Certificates to the
Clearing Agency Participants, for distribution by such Clearing Agency
Participants to the Beneficial Owners or their nominees.
For purposes of any provision of this Agreement requiring or
permitting actions with the consent of, or at the direction of, Holders of
Book-Entry Certificates evidencing specified Voting Interests, such direction or
consent shall be given by Beneficial Owners having the requisite Voting
Interests, acting through the Clearing Agency.
Unless and until Definitive Certificates have been issued to
Beneficial Owners pursuant to Section 5.07, copies of the reports or statements
referred to in Section 4.04 shall be available to Beneficial Owners upon written
request to the Trust Administrator at the Corporate Trust Office.
SECTION 5.02 REGISTRATION OF CERTIFICATES.
(a) The Trust Administrator shall cause to be kept at one of the
offices or agencies to be maintained in accordance with the provisions of
Section 5.06 a Certificate Register in which, subject to such reasonable
regulations as it may prescribe, the Trust Administrator shall provide for the
registration of Certificates and of transfers and exchanges of Certificates as
herein provided. The Trust Administrator shall act as, or shall appoint, a
Certificate Registrar for the purpose of registering Certificates and transfers
and exchanges of Certificates as herein provided.
Upon surrender for registration of transfer of any Certificate at
any office or agency maintained for such purpose pursuant to Section 5.06 (and
subject to the provisions of this Section 5.02) the Trust Administrator shall
execute, and shall date, authenticate (or cause the Authenticating Agent to
authenticate) and deliver, in the name of the designated transferee or
transferees, one or more new Certificates of a like aggregate principal portion
or Percentage Interest and of the same Class.
At the option of the Certificateholders, Certificates may be
exchanged for other Certificates of authorized Denominations of a like aggregate
principal portion or Percentage Interest and of the same Class upon surrender of
the Certificates to be exchanged at any such office or agency. Whenever any
Certificates are so surrendered for exchange, the Trust Administrator shall
execute, and shall date, authenticate (or cause the Authenticating Agent to
authenticate) and deliver, the Certificates which the Certificateholder making
the exchange is entitled to receive. Every Certificate presented or surrendered
for transfer or exchange shall (if so required by the Certificate Registrar or
the Trust Administrator) be duly endorsed by, or be accompanied by a written
instrument of transfer in form satisfactory to the Certificate Registrar, duly
executed by the Holder thereof or his attorney duly authorized in writing.
No service charge shall be made for any transfer or exchange of
Certificates, but the Trust Administrator or the Certificate Registrar may
require payment of a sum sufficient to cover any tax or governmental charge that
may be imposed in connection with any transfer or exchange of Certificates.
All Certificates surrendered for transfer and exchange shall be
canceled by the Certificate Registrar, the Trust Administrator or the
Authenticating Agent in accordance with their standard procedures.
(b) No transfer of a Class A-PO, Class B-4, Class B-5 or Class B-6
Certificate shall be made unless the registration requirements of the Securities
Act of 1933, as amended, and any applicable State securities laws are complied
with, or such transfer is exempt from the registration requirements under said
Act and laws. In the event that a transfer is to be made in reliance upon an
exemption from said Act or laws, (i) unless such transfer is made in reliance on
Rule 144A, the Trust Administrator or the Seller may, if such transfer is to be
made within three years after the later of (i) the date of the initial sale of
Certificates or (ii) the last date on which the Seller or any affiliate thereof
was a Holder of the Certificates proposed to be transferred, require a Class
A-PO, Class B-4, Class B-5 or Class B-6 Certificateholder to deliver a written
Opinion of Counsel acceptable to and in form and substance satisfactory to the
Trust Administrator and the Seller, to the effect that such transfer may be made
pursuant to an exemption, describing the applicable exemption and the basis
therefor, from said Act and laws or is being made pursuant to said Act and laws,
which Opinion of Counsel shall not be an expense of the Trust Administrator, the
Trustee, the Seller or the Master Servicer, and (ii) the Trust Administrator
shall require the transferee (other than an affiliate of the Seller on the
Closing Date) to execute an investment letter in the form of Exhibit J hereto
certifying to the Seller and the Trust Administrator the facts surrounding such
transfer, which investment letter shall not be an expense of the Trust
Administrator, the Trustee, the Seller or the Master Servicer. The Holder of a
Class A-PO, Class B-4, Class B-5 or Class B-6 Certificate desiring to effect
such transfer shall, and does hereby agree to, indemnify the Trust
Administrator, the Trustee, the Seller, the Master Servicer and any Paying Agent
acting on behalf of the Trustee against any liability that may result if the
transfer is not so exempt or is not made in accordance with such federal and
state laws. Neither the Seller nor the Trust Administrator is under an
obligation to register the Class A-PO, Class B-4, Class B-5 or Class B-6
Certificates under said Act or any other securities law.
(c) No transfer of a Class A-16, Class A-PO or Class B Certificate
shall be made (other than the transfer of the Class A-PO Certificates to an
affiliate of the Seller on the Closing Date) unless the Trust Administrator and
the Seller shall have received (i) a representation letter from the transferee
in the form of Exhibit J hereto, in the case of a Class A-PO, Class B-4, Class
B-5 or Class B-6 Certificate, or in the form of Exhibit K hereto, in the case of
a Class A-16, Class B-1, Class B-2 or Class B-3 Certificate, to the effect that
either (a) such transferee is not an employee benefit plan or other retirement
arrangement subject to Title I of ERISA or Code Section 4975, or a governmental
plan, as defined in Section 3(32) of ERISA, subject to any federal, state or
local law ("Similar Law") which is to a material extent similar to the foregoing
provisions of ERISA or the Code (collectively, a "Plan") and is not a person
acting on behalf of or using the assets of any such Plan, which representation
letter shall not be an expense of the Trust Administrator, the Trustee, the
Seller or the Master Servicer or (b) with respect to the Class A-16 and Class B
Certificates only, if such transferee is an insurance company, (A) the source of
funds used to purchase the Class A-16 or Class B Certificate is an "insurance
company general account" (as such term is defined in Section V(e) of Prohibited
Transaction Class Exemption 95-60 ("PTE 95-60"), 60 Fed. Reg. 35925 (July 12,
1995)), (B) there is no Plan with respect to which the amount of such general
account's reserves and liabilities for the contract(s) held by or on behalf of
such Plan and all other Plans maintained by the same employer (or affiliate
thereof as defined in Section V(a)(1) of PTE 95-60) or by the same employee
organization exceeds 10% of the total of all reserves and liabilities of such
general account (as such amounts are determined under Section I(a) of PTE 95-60)
at the date of acquisition and (C) the purchase and holding of such Class A-16
or Class B Certificates are covered by Sections I and III of PTE 95-60 or (ii)
in the case of any such Class A-16, Class A-PO or Class B Certificate presented
for registration in the name of a Plan, or a trustee of any such Plan, (A) an
Opinion of Counsel satisfactory to the Trust Administrator and the Seller to the
effect that the purchase or holding of such Class A-16, Class A-PO or Class B
Certificate will not result in the assets of the Trust Estate being deemed to be
"plan assets" and subject to the prohibited transaction provisions of ERISA, the
Code or Similar Law and will not subject the Trust Administrator, the Trustee,
the Seller or the Master Servicer to any obligation in addition to those
undertaken in this Agreement, which Opinion of Counsel shall not be an expense
of the Trust Administrator, the Trustee, the Seller or the Master Servicer and
(B) such other opinions of counsel, officer's certificates and agreements as the
Seller or the Master Servicer may require in connection with such transfer,
which opinions of counsel, officers' certificates and agreements shall not be an
expense of the Trust Administrator, the Trustee, the Seller or the Master
Servicer. Any transferee of a Class A-16 Certificate that does not comply with
either clause (i) or (ii) of the preceeding sentence will be deemed to have made
one of the representations set forth in the representation letter attached
hereto as Exhibit K. The Class A-16, Class A-PO and Class B Certificates shall
bear a legend referring to the foregoing restrictions contained in this
paragraph.
(d) No legal or beneficial interest in all or any portion of the
Class A-R Certificate may be transferred directly or indirectly to a
"disqualified organization" within the meaning of Code Section 860E(e)(5) or an
agent of a disqualified organization (including a broker, nominee, or
middleman), to a Plan or a Person acting on behalf of or investing the assets of
a Plan (such Plan or Person, an "ERISA Prohibited Holder") or to an individual,
corporation, partnership or other person unless such transferee (i) is not a
Non-U.S. Person or (ii) is a Non-U.S. Person that holds the Class A-R
Certificate in connection with the conduct of a trade or business within the
United States and has furnished the transferor and the Trust Administrator with
an effective Internal Revenue Service Form 4224 or (iii) is a Non-U.S. Person
that has delivered to both the transferor and the Trust Administrator an opinion
of a nationally recognized tax counsel to the effect that the transfer of the
Class A-R Certificate to it is in accordance with the requirements of the Code
and the regulations promulgated thereunder and that such transfer of the Class
A-R Certificate will not be disregarded for federal income tax purposes (any
such person who is not covered by clauses (i), (ii) or (iii) above being
referred to herein as a "Non-permitted Foreign Holder"), and any such purported
transfer shall be void and have no effect. The Trust Administrator shall not
execute, and shall not authenticate (or cause the Authenticating Agent to
authenticate) and deliver, a new Class A-R Certificate in connection with any
such transfer to a disqualified organization or agent thereof (including a
broker, nominee or middleman), an ERISA Prohibited Holder or a Non-permitted
Foreign Holder, and neither the Certificate Registrar nor the Trust
Administrator shall accept a surrender for transfer or registration of transfer,
or register the transfer of, the Class A-R Certificate, unless the transferor
shall have provided to the Trust Administrator an affidavit, substantially in
the form attached as Exhibit H hereto, signed by the transferee, to the effect
that the transferee is not such a disqualified organization, an agent (including
a broker, nominee, or middleman) for any entity as to which the transferee has
not received a substantially similar affidavit, an ERISA Prohibited Holder or a
Non-permitted Foreign Holder, which affidavit shall contain the consent of the
transferee to any such amendments of this Agreement as may be required to
further effectuate the foregoing restrictions on transfer of the Class A-R
Certificate to disqualified organizations, ERISA Prohibited Holders or
Non-permitted Foreign Holders. Such affidavit shall also contain the statement
of the transferee that (i) the transferee has historically paid its debts as
they have come due and intends to do so in the future, (ii) the transferee
understands that it may incur liabilities in excess of cash flows generated by
the residual interest, (iii) the transferee intends to pay taxes associated with
holding the residual interest as they become due and (iv) the transferee will
not transfer the Class A-R Certificate to any Person who does not provide an
affidavit substantially in the form attached as Exhibit H hereto.
The affidavit described in the preceding paragraph, if not executed
in connection with the initial issuance of the Class A-R Certificate, shall be
accompanied by a written statement in the form attached as Exhibit I hereto,
signed by the transferor, to the effect that as of the time of the transfer, the
transferor has no actual knowledge that the transferee is a disqualified
organization, ERISA Prohibited Holder or Non-permitted Foreign Holder, and has
no knowledge or reason to know that the statements made by the transferee with
respect to clauses (i) and (iii) of the last sentence of the preceding paragraph
are not true. The Class A-R Certificate shall bear a legend referring to the
foregoing restrictions contained in this paragraph and the preceding paragraph.
Upon notice to the Master Servicer that any legal or beneficial
interest in any portion of the Class A-R Certificate has been transferred,
directly or indirectly, to a disqualified organization or agent thereof
(including a broker, nominee, or middleman) in contravention of the foregoing
restrictions, (i) such transferee shall be deemed to hold the Class A-R
Certificate in constructive trust for the last transferor who was not a
disqualified organization or agent thereof, and such transferor shall be
restored as the owner of the Class A-R Certificate as completely as if such
transfer had never occurred, provided that the Master Servicer may, but is not
required to, recover any distributions made to such transferee with respect to
the Class A-R Certificate, and (ii) the Master Servicer agrees to furnish to the
Internal Revenue Service and to any transferor of the Class A-R Certificate or
such agent (within 60 days of the request therefor by the transferor or agent)
such information necessary to the application of Code Section 860E(e) as may be
required by the Code, including but not limited to the present value of the
total anticipated excess inclusions with respect to the Class A-R Certificate
(or portion thereof) for periods after such transfer. At the election of the
Master Servicer, the cost to the Master Servicer of computing and furnishing
such information may be charged to the transferor or such agent referred to
above; however, the Master Servicer shall in no event be excused from furnishing
such information.
SECTION 5.03 MUTILATED, DESTROYED, LOST OR STOLEN CERTIFICATES.
If (i) any mutilated Certificate is surrendered to the Trust
Administrator or the Authenticating Agent, or the Trust Administrator or the
Authenticating Agent receives evidence to its satisfaction of the destruction,
loss or theft of any Certificate, and (ii) there is delivered to the Trust
Administrator or the Authenticating Agent such security or indemnity as may be
required by them to hold each of them harmless, then, in the absence of notice
to the Trust Administrator or the Authenticating Agent that such Certificate has
been acquired by a bona fide purchaser, the Trust Administrator shall execute
and authenticate (or cause the Authenticating Agent to authenticate) and
deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or
stolen Certificate, a new Certificate of like tenor and principal portion or
Percentage Interest and of the same Class. Upon the issuance of any new
Certificate under this Section, the Trust Administrator or the Certificate
Registrar may require the payment of a sum sufficient to cover any tax or other
governmental charge that may be imposed in relation thereto and any other
expense (including the fees and expenses of the Trust Administrator or the
Authenticating Agent) in connection therewith. Any duplicate Certificate issued
pursuant to this Section shall constitute complete and indefeasible evidence of
ownership in the Trust Estate, as if originally issued, whether or not the lost,
stolen, or destroyed Certificate shall be found at any time.
SECTION 5.04 PERSONS DEEMED OWNERS.
Prior to the due presentation of a Certificate for registration of
transfer, the Seller, the Master Servicer, the Trustee, the Trust Administrator,
the Certificate Registrar and any agent of the Seller, the Master Servicer, the
Trustee, the Trust Administrator or the Certificate Registrar may treat the
Person in whose name any Certificate is registered as the owner of such
Certificate for the purpose of receiving distributions pursuant to Section 4.01,
and for all other purposes whatsoever, and neither the Seller, the Master
Servicer, the Trustee, the Trust Administrator, the Certificate Registrar nor
any agent of the Seller, the Master Servicer, the Trustee, the Trust
Administrator or the Certificate Registrar shall be affected by notice to the
contrary.
SECTION 5.05 ACCESS TO LIST OF CERTIFICATEHOLDERS' NAMES AND ADDRESSES.
(a) If the Trust Administrator is not acting as Certificate
Registrar, the Certificate Registrar shall furnish or cause to be furnished to
the Trust Administrator, within 15 days after receipt by the Certificate
Registrar of a request by the Trust Administrator in writing, a list, in such
form as the Trust Administrator may reasonably require, of the names and
addresses of the Certificateholders of each Class as of the most recent Record
Date.
(b) If five or more Certificateholders (hereinafter referred to as
"applicants") apply in writing to the Trust Administrator, and such application
states that the applicants desire to communicate with other Certificateholders
with respect to their rights under this Agreement or under the Certificates and
is accompanied by a copy of the communication which such applicants propose to
transmit, then the Trust Administrator shall, within five Business Days
following the receipt of such application, afford such applicants access during
normal business hours to the most recent list of Certificateholders held by the
Trust Administrator. If such a list is as of the date more than 90 days prior to
the date of receipt of such applicants' request and the Trust Administrator is
not the Certificate Registrar, the Trust Administrator shall promptly request
from the Certificate Registrar a current list as provided in paragraph (a)
hereof, and shall afford such applicants access to such list promptly upon
receipt.
(c) Every Certificateholder, by receiving and holding a Certificate,
agrees with the Seller, the Master Servicer, the Certificate Registrar, the
Trust Administrator and the Trustee that neither the Seller, the Master
Servicer, the Certificate Registrar, the Trust Administrator nor the Trustee
shall be held accountable by reason of the disclosure of any such information as
to the names, addresses and Percentage Interests of the Certificateholders
hereunder, regardless of the source from which such information was delivered.
SECTION 5.06 MAINTENANCE OF OFFICE OR AGENCY.
The Trust Administrator will maintain, at its expense, an office or
agency where Certificates may be surrendered for registration of transfer or
exchange and where notices and demands to or upon the Certificate Registrar in
respect of the Certificates and this Agreement may be served. The Trust
Administrator initially designates the Corporate Trust Office and the principal
corporate trust office of the Authenticating Agent, if any, as its offices and
agencies for said purposes.
SECTION 5.07 DEFINITIVE CERTIFICATES.
If (i)(A) the Master Servicer advises the Trust Administrator in
writing that the Clearing Agency is no longer willing or able properly to
discharge its responsibilities as depository with respect to the Book-Entry
Certificates, and (B) the Master Servicer is unable to locate a qualified
successor, (ii) the Master Servicer, at its option, advises the Trust
Administrator in writing that it elects to terminate the book-entry system
through the Clearing Agency or (iii) after the occurrence of dismissal or
resignation of the Master Servicer, Beneficial Owners representing aggregate
Voting Interests of not less than 51% of the aggregate Voting Interests of each
outstanding Class of Book-Entry Certificates advise the Trust Administrator
through the Clearing Agency and Clearing Agency Participants in writing that the
continuation of a book-entry system through the Clearing Agency is no longer in
the best interests of the Beneficial Owners the Trust Administrator shall notify
the Beneficial Owners, through the Clearing Agency, of the occurrence of any
such event and of the availability of Definitive Certificates to Beneficial
Owners requesting the same. Upon surrender to the Trust Administrator by the
Clearing Agency of the Certificates held of record by its nominee, accompanied
by reregistration instructions and directions to execute and authenticate new
Certificates from the Master Servicer, the Trust Administrator shall execute and
authenticate Definitive Certificates for delivery at its Corporate Trust Office.
The Master Servicer shall arrange for, and will bear all costs of, the printing
and issuance of such Definitive Certificates. Neither the Seller, the Master
Servicer, the Trustee nor the Trust Administrator shall be liable for any delay
in delivery of such instructions by the Clearing Agency and may conclusively
rely on, and shall be protected in relying on, such instructions.
SECTION 5.08 NOTICES TO CLEARING AGENCY.
Whenever notice or other communication to the Holders of Book-Entry
Certificates is required under this Agreement, unless and until Definitive
Certificates shall have been issued to Beneficial Owners pursuant to Section
5.07, the Trust Administrator shall give all such notices and communications
specified herein to be given to Holders of Book-Entry Certificates to the
Clearing Agency.
<PAGE>
ARTICLE VI
THE SELLER AND THE MASTER SERVICER
SECTION 6.01 LIABILITY OF THE SELLER AND THE MASTER SERVICER.
The Seller and the Master Servicer shall each be liable in
accordance herewith only to the extent of the obligations specifically imposed
by this Agreement and undertaken hereunder by the Seller and the Master
Servicer.
SECTION 6.02 MERGER OR CONSOLIDATION OF THE SELLER OR THE MASTER SERVICER.
Subject to the following paragraph, the Seller and the Master
Servicer each will keep in full effect its existence, rights and franchises as a
corporation under the laws of the jurisdiction of its incorporation, and will
obtain and preserve its qualification to do business as a foreign corporation in
each jurisdiction in which such qualification is or shall be necessary to
protect the validity and enforceability of this Agreement, the Certificates or
any of the Mortgage Loans and to perform its respective duties under this
Agreement.
The Seller or the Master Servicer may be merged or consolidated with
or into any Person, or transfer all or substantially all of its assets to any
Person, in which case any Person resulting from any merger or consolidation to
which the Seller or Master Servicer shall be a party, or any Person succeeding
to the business of the Seller or Master Servicer, shall be the successor of the
Seller or Master Servicer hereunder, without the execution or filing of any
paper or any further act on the part of any of the parties hereto, anything
herein to the contrary notwithstanding; provided, however, that, in the case of
the Master Servicer, any such successor or resulting Person shall be qualified
to service mortgage loans for FNMA or FHLMC.
SECTION 6.03 LIMITATION ON LIABILITY OF THE SELLER, THE MASTER SERVICER AND
OTHERS.
Neither the Seller nor the Master Servicer nor any subcontractor nor
any of the partners, directors, officers, employees or agents of any of them
shall be under any liability to the Trust Estate or the Certificateholders and
all such Persons shall be held harmless for any action taken or for refraining
from the taking of any action in good faith pursuant to this Agreement, or for
errors in judgment; provided, however, that this provision shall not protect any
such Person against any breach of warranties or representations made herein or
against any liability which would otherwise be imposed by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties or by
reason of reckless disregard of obligations and duties hereunder. The Seller,
the Master Servicer, any subcontractor, and any partner, director, officer,
employee or agent of any of them shall be entitled to indemnification by the
Trust Estate and will be held harmless against any loss, liability or expense
incurred in connection with any legal action relating to this Agreement or the
Certificates, other than any loss, liability or expense incurred by reason of
willful misfeasance, bad faith or gross negligence in the performance of his or
its duties hereunder or by reason of reckless disregard of his or its
obligations and duties hereunder. The Seller, the Master Servicer and any of the
directors, officers, employees or agents of either may rely in good faith on any
document of any kind which, prima facie, is properly executed and submitted by
any Person respecting any matters arising hereunder. Neither the Seller nor the
Master Servicer shall be under any obligation to appear in, prosecute or defend
any legal action unless such action is related to its respective duties under
this Agreement and which in its opinion does not involve it in any expense or
liability; provided, however, that the Seller or the Master Servicer may in its
discretion undertake any such action which it may deem necessary or desirable
with respect to this Agreement and the rights and duties of the parties hereto
and the interests of the Certificateholders hereunder if the Certificateholders
offer to the Seller or the Master Servicer, as the case may be, reasonable
security or indemnity against the costs, expenses and liabilities which may be
incurred therein or thereby. In such event, the legal expenses and costs of such
action and any liability resulting therefrom shall be expenses, costs and
liabilities of the Trust Estate, and the Seller or the Master Servicer shall be
entitled to be reimbursed therefor out of the Certificate Account, and such
amounts shall, on the following Distribution Date or Distribution Dates, be
allocated in reduction of distributions on the Class A and Class B Certificates
in the same manner as Realized Losses are allocated pursuant to Section 4.02(a).
SECTION 6.04 RESIGNATION OF THE MASTER SERVICER.
The Master Servicer shall not resign from the obligations and duties
hereby imposed on it except upon determination that its duties hereunder are no
longer permissible under applicable law or are in material conflict by reason of
applicable law with any other activities carried on by it. Any such
determination permitting the resignation of the Master Servicer shall be
evidenced by an Opinion of Counsel to such effect delivered to the Trustee and
the Trust Administrator. No such resignation shall become effective until the
Trustee, the Trust Administrator or a successor servicer shall have assumed the
Master Servicer's responsibilities, duties, liabilities and obligations
hereunder.
SECTION 6.05 COMPENSATION TO THE MASTER SERVICER.
The Master Servicer shall be entitled to receive a monthly fee equal
to the Master Servicing Fee, as compensation for services rendered by the Master
Servicer under this Agreement. The Master Servicer also will be entitled to any
late reporting fees paid by a Servicer pursuant to its Servicing Agreement and
any investment income on funds on deposit in the Certificate Account as
additional compensation.
SECTION 6.06 ASSIGNMENT OR DELEGATION OF DUTIES BY MASTER SERVICER.
The Master Servicer shall not assign or transfer any of its rights,
benefits or privileges under this Agreement to any other Person, or delegate to
or subcontract with, or authorize or appoint any other Person to perform any of
the duties, covenants or obligations to be performed by the Master Servicer
without the prior written consent of the Trustee and the Trust Administrator,
and any agreement, instrument or act purporting to effect any such assignment,
transfer, delegation or appointment shall be void. Notwithstanding the
foregoing, the Master Servicer shall have the right without the prior written
consent of the Trustee or the Trust Administrator (i) to assign its rights and
delegate its duties and obligations hereunder; provided, however, that (a) the
purchaser or transferee accepting such assignment or delegation is qualified to
service mortgage loans for FNMA or FHLMC, is satisfactory to the Trustee and the
Trust Administrator, in the exercise of its reasonable judgment, and executes
and delivers to the Trustee and the Trust Administrator an agreement, in form
and substance reasonably satisfactory to the Trustee and the Trust
Administrator, which contains an assumption by such purchaser or transferee of
the due and punctual performance and observance of each covenant and condition
to be performed or observed by the Master Servicer hereunder from and after the
date of such agreement; and (b) each applicable Rating Agency's rating of any
Certificates in effect immediately prior to such assignment, sale or transfer is
not reasonably likely to be qualified, downgraded or withdrawn as a result of
such assignment, sale or transfer and the Certificates are not reasonably likely
to be placed on credit review status by any such Rating Agency; and (ii) to
delegate to, subcontract with, authorize, or appoint an affiliate of the Master
Servicer to perform and carry out any duties, covenants or obligations to be
performed and carried out by the Master Servicer under this Agreement and hereby
agrees so to delegate, subcontract, authorize or appoint to an affiliate of the
Master Servicer any duties, covenants or obligations to be performed and carried
out by the Master Servicer to the extent that such duties, covenants or
obligations are to be performed in any state or states in which the Master
Servicer is not authorized to do business as a foreign corporation but in which
the affiliate is so authorized. In no case, however, shall any permitted
assignment and delegation relieve the Master Servicer of any liability to the
Trustee, Trust Administrator or the Seller under this Agreement, incurred by it
prior to the time that the conditions contained in clause (i) above are met.
SECTION 6.07 INDEMNIFICATION OF TRUSTEE, TRUST ADMINISTRATOR AND SELLER BY
MASTER SERVICER.
The Master Servicer shall indemnify and hold harmless the Trustee,
the Trust Administrator and the Seller and any director, officer or agent
thereof against any loss, liability or expense, including reasonable attorney's
fees, arising out of, in connection with or incurred by reason of willful
misfeasance, bad faith or negligence in the performance of duties of the Master
Servicer under this Agreement or by reason of reckless disregard of its
obligations and duties under this Agreement. Any payment pursuant to this
Section made by the Master Servicer to the Trustee, the Trust Administrator or
the Seller shall be from such entity's own funds, without reimbursement
therefor. The provisions of this Section 6.07 shall survive the termination of
this Agreement.
SECTION 6.08 MASTER SERVICER COVENANTS CONCERNING YEAR 2000 COMPLIANCE.
The Master Servicer covenants that it is working to modify its
computer and other systems used in the performance of its duties as Master
Servicer for the Certificates to operate in a manner such that, on and after
January 1, 2000, the Master Servicer can perform its duties in accordance with
the terms of this Agreement.
<PAGE>
ARTICLE VII
DEFAULT
SECTION 7.01 EVENTS OF DEFAULT.
In case one or more of the following Events of Default by the Master
Servicer shall occur and be continuing, that is to say:
(i) any failure by the Master Servicer (a) to remit any
funds to the Paying Agent as required by Section 4.03 or (b) to distribute
or cause to be distributed to Certificateholders any payment required to
be made by the Master Servicer under the terms of this Agreement which, in
either case, continues unremedied for a period of three business days
after the date upon which written notice of such failure, requiring the
same to be remedied, shall have been given to the Master Servicer by the
Trustee or to the Master Servicer and the Trustee by the holders of
Certificates evidencing in the aggregate not less than 25% of the
aggregate Voting Interest represented by all Certificates; or
(ii) any failure on the part of the Master Servicer duly to
observe or perform in any material respect any other of the covenants or
agreements on the part of the Master Servicer in the Certificates or in
this Agreement which continues unremedied for a period of 60 days after
the date on which written notice of such failure, requiring the same to be
remedied, shall have been given to the Master Servicer by the Trustee, or
to the Master Servicer and the Trustee by the holders of Certificates
evidencing in the aggregate not less than 25% of the aggregate Voting
Interest represented by all Certificates; or
(iii) a decree or order of a court or agency or supervisory
authority having jurisdiction in the premises for the appointment of a
trustee, conservator, receiver or liquidator in any bankruptcy,
insolvency, readjustment of debt, marshaling of assets and liabilities or
similar proceedings, or for the winding-up or liquidation of its affairs,
shall have been entered against the Master Servicer and such decree or
order shall have remained in force undischarged and unstayed for a period
of 60 days; or
(iv) the Master Servicer shall consent to the appointment
of a trustee, conservator, receiver or liquidator or liquidating committee
in any bankruptcy, insolvency, readjustment of debt, marshaling of assets
and liabilities, voluntary liquidation or similar proceedings of or
relating to the Master Servicer, or of or relating to all or substantially
all of its property; or
(v) the Master Servicer shall admit in writing its
inability to pay its debts generally as they become due, file a petition
to take advantage of any applicable insolvency, bankruptcy or
reorganization statute, make an assignment for the benefit of its
creditors or voluntarily suspend payment of its obligations;
(vi) the Master Servicer shall be dissolved, or shall
dispose of all or substantially all of its assets; or consolidate with or
merge into another entity or shall permit another entity to consolidate or
merge into it, such that the resulting entity does not meet the criteria
for a successor servicer, as specified in Section 6.02 hereof; or
(vii) the Master Servicer and any subservicer appointed by
it becomes ineligible to service for both FNMA and FHLMC, which
ineligibility continues unremedied for a period of 90 days.
then, and in each and every such case, subject to applicable law, so long as an
Event of Default shall not have been remedied, either the Trustee or the holders
of Certificates evidencing in the aggregate not less than 66 2/3% of the
aggregate Voting Interest represented by all Certificates, by notice in writing
to the Master Servicer and the Trust Administrator (and to the Trustee if given
by the Certificateholders) may terminate all of the rights and obligations of
the Master Servicer under this Agreement and in and to the Mortgage Loans, but
without prejudice to any rights which the Master Servicer may have to the
aggregate Master Servicing Fees due prior to the date of transfer of the Master
Servicer's responsibilities hereunder, reimbursement of expenses to the extent
permitted by this Agreement, Periodic Advances and other advances of its own
funds. Upon receipt by the Master Servicer of such written notice, all authority
and power of the Master Servicer under this Agreement, whether with respect to
the Certificates or the Mortgage Loans or otherwise, shall pass to and be vested
in the Trust Administrator on behalf of the Trustee pursuant to and under this
Section, subject to the provisions of Section 7.05; and, without limitation, the
Trust Administrator on behalf of the Trustee is hereby authorized and empowered
to execute and deliver, on behalf of the Master Servicer, as attorney-in-fact or
otherwise, any and all documents and other instruments, and to do or accomplish
all other acts or things necessary or appropriate to effect the purposes of such
notice of termination, whether to complete the transfer and endorsement or
assignment of the Mortgage Loans and related documents or otherwise. The Master
Servicer agrees to cooperate with the Trust Administrator and the Trustee in
effecting the termination of the Master Servicer's responsibilities and rights
hereunder and shall promptly provide the Trustee all documents and records
reasonably requested by it to enable it to assume the Master Servicer's
functions hereunder and shall promptly also transfer to the Trust Administrator
on behalf of the Trustee all amounts which then have been or should have been
deposited in the Certificate Account by the Master Servicer or which are
thereafter received by the Master Servicer with respect to the Mortgage Loans.
SECTION 7.02 OTHER REMEDIES OF TRUSTEE.
During the continuance of any Event of Default, so long as such
Event of Default shall not have been remedied, the Trustee, in addition to the
rights specified in Section 7.01, shall have the right, in its own name as
trustee of an express trust, to take all actions now or hereafter existing at
law, in equity or by statute to enforce its rights and remedies and to protect
the interests, and enforce the rights and remedies, of the Certificateholders
(including the institution and prosecution of all judicial, administrative and
other proceedings and the filing of proofs of claim and debt in connection
therewith). Except as otherwise expressly provided in this Agreement, no remedy
provided for by this Agreement shall be exclusive of any other remedy, and each
and every remedy shall be cumulative and in addition to any other remedy and no
delay or omission to exercise any right or remedy shall impair any such right or
remedy or shall be deemed to be a waiver of any Event of Default.
SECTION 7.03 DIRECTIONS BY CERTIFICATEHOLDERS AND DUTIES OF TRUSTEE DURING
EVENT OF DEFAULT.
During the continuance of any Event of Default, Holders of
Certificates evidencing in the aggregate not less than 25% of the aggregate
Voting Interest represented by all Certificates may direct the time, method and
place of conducting any proceeding for any remedy available to the Trustee, or
exercising any trust or power conferred upon the Trustee, under this Agreement;
provided, however, that the Trustee shall be under no obligation to pursue any
such remedy, or to exercise any of the rights or powers vested in it by this
agreement (including, without limitation, (i) the conducting or defending of any
administrative action or litigation hereunder or in relation hereto and (ii) the
terminating of the Master Servicer from its rights and duties as servicer
hereunder) at the request, order or direction of any of the Certificateholders,
unless such Certificateholders shall have offered to the Trustee reasonable
security or indemnity against the cost, expenses and liabilities which may be
incurred therein or thereby and, provided further, that, subject to the
provisions of Section 8.01, the Trustee shall have the right to decline to
follow any such direction if the Trustee, in accordance with an Opinion of
Counsel, determines that the action or proceeding so directed may not lawfully
be taken or if the Trustee in good faith determines that the action or
proceeding so directed would involve it in personal liability or be unjustly
prejudicial to the nonassenting Certificateholders.
SECTION 7.04 ACTION UPON CERTAIN FAILURES OF THE MASTER SERVICER AND UPON
EVENT OF DEFAULT.
In the event that the Trustee or the Trust Administrator shall have
knowledge of any failure of the Master Servicer specified in Section 7.01(i) or
(ii) which would become an Event of Default upon the Master Servicer's failure
to remedy the same after notice, the Trustee or the Trust Administrator may, but
need not if the Trustee or the Trust Administrator, as the case may be, deems it
not in the Certificateholders' best interest, give notice thereof to the Master
Servicer. For all purposes of this Agreement, in the absence of actual knowledge
by a corporate trust officer of the Trustee or the Trust Administrator, the
Trustee or the Trust Administrator, as the case may be, shall not be deemed to
have knowledge of any failure of the Master Servicer as specified in Section
7.01(i) and (ii) or any Event of Default unless notified thereof in writing by
the Master Servicer or by a Certificateholder.
SECTION 7.05 TRUST ADMINISTRATOR TO ACT; APPOINTMENT OF SUCCESSOR.
When the Master Servicer receives notice of termination pursuant to
Section 7.01 or the Trustee or the Trust Administrator receives the resignation
of the Master Servicer evidenced by an Opinion of Counsel pursuant to Section
6.04, the Trust Administrator on behalf of the Trustee shall be the successor in
all respects to the Master Servicer in its capacity as master servicer under
this Agreement and the transactions set forth or provided for herein and shall
have the rights and powers and be subject to all the responsibilities, duties
and liabilities relating thereto placed on the Master Servicer by the terms and
provisions hereof and in its capacity as such successor shall have the same
limitation of liability herein granted to the Master Servicer. In the event that
the Trust Administrator is succeeding to the Master Servicer as the Master
Servicer, as compensation therefor, the Trust Administrator shall be entitled to
receive monthly such portion of the Master Servicing Fee, together with such
other servicing compensation as is agreed to at such time by the Trust
Administrator and the Master Servicer, but in no event more than 25% thereof
until the date of final cessation of the Master Servicer's servicing activities
hereunder. Notwithstanding the above, the Trust Administrator may, if it shall
be unwilling to so act, or shall, if it is unable to so act or to obtain a
qualifying bid as described below, appoint, or petition a court of competent
jurisdiction to appoint, any housing and home finance institution, bank or
mortgage servicing institution having a net worth of not less than $10,000,000
and meeting such other standards for a successor servicer as are set forth
herein, as the successor to the Master Servicer hereunder in the assumption of
all or any part of the responsibilities, duties or liabilities of the Master
Servicer hereunder; provided, however, that until such a successor master
servicer is appointed and has assumed the responsibilities, duties and
liabilities of the Master Servicer hereunder, the Trust Administrator shall
continue as the successor to the Master Servicer as provided above. The
compensation of any successor master servicer so appointed shall not exceed the
compensation specified in Section 6.05 hereof. In the event the Trust
Administrator is required to solicit bids as provided above, the Trust
Administrator shall solicit, by public announcement, bids from housing and home
finance institutions, banks and mortgage servicing institutions meeting the
qualifications set forth in the preceding sentence for the purchase of the
master servicing functions. Such public announcement shall specify that the
successor master servicer shall be entitled to the full amount of the Master
Servicing Fee as compensation together with the other servicing compensation in
the form of late reporting fees or otherwise as provided in Section 6.05. Within
30 days after any such public announcement, the Trust Administrator shall
negotiate and effect the sale, transfer and assignment of the master servicing
rights and responsibilities hereunder to the qualified party submitting the
highest qualifying bid. The Trust Administrator shall deduct all costs and
expenses of any public announcement and of any sale, transfer and assignment of
the servicing rights and responsibilities hereunder from any sum received by the
Trust Administrator from the successor to the Master Servicer in respect of such
sale, transfer and assignment. After such deductions, the remainder of such sum
shall be paid by the Trust Administrator to the Master Servicer at the time of
such sale, transfer and assignment to the Master Servicer's successor. The Trust
Administrator and such successor shall take such action, consistent with this
Agreement, as shall be necessary to effectuate any such succession. The Master
Servicer agrees to cooperate with the Trust Administrator and any successor
servicer in effecting the termination of the Master Servicer's servicing
responsibilities and rights hereunder and shall promptly provide the Trust
Administrator or such successor master servicer, as applicable, all documents
and records reasonably requested by it to enable it to assume the Master
Servicer's function hereunder and shall promptly also transfer to the Trust
Administrator or such successor master servicer, as applicable, all amounts
which then have been or should have been deposited in the Certificate Account by
the Master Servicer or which are thereafter received by the Master Servicer with
respect to the Mortgage Loans. Neither the Trust Administrator nor any other
successor master servicer shall be deemed to be in default hereunder by reason
of any failure to make, or any delay in making, any distribution hereunder or
any portion thereof caused by (i) the failure of the Master Servicer to deliver,
or any delay in delivering, cash, documents or records to it, or (ii)
restrictions imposed by any regulatory authority having jurisdiction over the
Master Servicer. Notwithstanding anything to the contrary contained in Section
7.01 above or this Section 7.05, the Master Servicer shall retain all of its
rights and responsibilities hereunder, and no successor (including the Trust
Administrator) shall succeed thereto, if the assumption thereof by such
successor would cause the rating assigned to any Certificates to be revoked,
downgraded or placed on credit review status (other than for possible upgrading)
by either Rating Agency and the retention thereof by the Master Servicer would
avert such revocation, downgrading or review.
SECTION 7.06 NOTIFICATION TO CERTIFICATEHOLDERS.
Upon any termination of the Master Servicer or appointment of a
successor master servicer, in each case as provided herein, the Trust
Administrator shall give prompt written notice thereof to Certificateholders at
their respective addresses appearing in the Certificate Register. The Trust
Administrator shall also, within 45 days after the occurrence of any Event of
Default known to the Trust Administrator, give written notice thereof to
Certificateholders at their respective addresses appearing in the Certificate
Register, unless such Event of Default shall have been cured or waived within
said 45-day period.
<PAGE>
ARTICLE VIII
CONCERNING THE TRUSTEE AND THE TRUST ADMINISTRATOR
SECTION 8.01 DUTIES OF TRUSTEE AND THE TRUST ADMINISTRATOR.
The Trustee and the Trust Administrator, prior to the occurrence of
an Event of Default and after the curing of all Events of Default which may have
occurred, undertakes to perform such duties and only such duties as are
specifically set forth in this Agreement. In case an Event of Default has
occurred (which has not been cured), the Trustee and the Trust Administrator,
subject to the provisions of Sections 7.01, 7.03, 7.04 and 7.05, shall exercise
such of the rights and powers vested in it by this Agreement, and use the same
degree of care and skill in its exercise as a prudent investor would exercise or
use under the circumstances in the conduct of such investor's own affairs.
The Trustee and the Trust Administrator, upon receipt of all
resolutions, certificates, statements, opinions, reports, documents, orders or
other instruments furnished to the Trustee and the Trust Administrator, which
are specifically required to be furnished pursuant to any provision of this
Agreement, shall examine them to determine whether they are in the form required
by this Agreement; provided, however, that the Trustee and the Trust
Administrator shall not be responsible for the accuracy or content of any
certificate, statement, instrument, report, notice or other document furnished
by the Master Servicer or the Servicers pursuant to Articles III, IV and IX.
No provision of this Agreement shall be construed to relieve the
Trustee and the Trust Administrator from liability for its own negligent action,
its own negligent failure to act or its own willful misconduct; provided,
however, that:
(i) Prior to the occurrence of an Event of Default and
after the curing of all such Events of Default which may have occurred,
the duties and obligations of the Trustee and the Trust Administrator
shall be determined solely by the express provisions of this Agreement,
the Trustee and the Trust Administrator shall not be liable except for the
performance of such duties and obligations as are specifically set forth
in this Agreement, no implied covenants or obligations shall be read into
this Agreement against the Trustee and the Trust Administrator and, in the
absence of bad faith on the part of the Trustee and the Trust
Administrator, the Trustee and the Trust Administrator may conclusively
rely, as to the truth of the statements and the correctness of the
opinions expressed therein, upon any certificates or opinions furnished to
the Trustee and the Trust Administrator, and conforming to the
requirements of this Agreement;
(ii) The Trustee and the Trust Administrator shall not be
personally liable with respect to any action taken, suffered or omitted to
be taken by it in good faith in accordance with the direction of holders
of Certificates which evidence in the aggregate not less than 25% of the
Voting Interest represented by all Certificates relating to the time,
method and place of conducting any proceeding for any remedy available to
the Trustee and the Trust Administrator, or exercising any trust or power
conferred upon the Trustee and the Trust Administrator, under this
Agreement; and
(iii) The Trustee and the Trust Administrator shall not be
liable for any error of judgment made in good faith by any of their
respective Responsible Officers, unless it shall be proved that the
Trustee or the Trust Administrator or such Responsible Officer, as the
case may be, was negligent in ascertaining the pertinent facts.
None of the provisions contained in this Agreement shall require the
Trustee or the Trust Administrator to expend or risk its own funds or otherwise
incur personal financial liability in the performance of any of its duties
hereunder or in the exercise of any of its rights or powers if there is
reasonable ground for believing that repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it.
SECTION 8.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE TRUST
ADMINISTRATOR.
Except as otherwise provided in Section 8.01:
(i) Each of the Trustee and the Trust Administrator may
request and rely and shall be protected in acting or refraining from
acting upon any resolution, Officers' Certificate, certificate of auditors
or any other certificate, statement, instrument, opinion, report, notice,
request, consent, order, appraisal, bond or other paper or document
believed by it to be genuine and to have been signed or presented by the
proper party or parties and the manner of obtaining consents and
evidencing the authorization of the execution thereof shall be subject to
such reasonable regulations as the Trustee or Trust Administrator, as
applicable, may prescribe;
(ii) Each of the Trustee and the Trust Administrator may
consult with counsel, and any written advice of such counsel or any
Opinion of Counsel shall be full and complete authorization and protection
in respect of any action taken or suffered or omitted by it hereunder in
good faith and in accordance with such Opinion of Counsel;
(iii) Neither of the Trustee nor the Trust Administrator
shall be personally liable for any action taken, suffered or omitted by it
in good faith and believed by it to be authorized or within the discretion
or rights or powers conferred upon it by this Agreement;
(iv) Subject to Section 7.04, the Trust Administrator shall
not be accountable, shall have no liability and makes no representation as
to any acts or omissions hereunder of the Master Servicer until such time
as the Trust Administrator may be required to act as Master Servicer
pursuant to Section 7.05 and thereupon only for the acts or omissions of
the Trust Administrator as successor Master Servicer; and
(v) Each of the Trustee and the Trust Administrator may
execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys.
SECTION 8.03 NEITHER TRUSTEE NOR TRUST ADMINISTRATOR REQUIRED TO MAKE
INVESTIGATION.
Prior to the occurrence of an Event of Default hereunder and after
the curing of all Events of Default which may have occurred, neither the Trustee
nor the Trust Administrator shall be bound to make any investigation into the
facts or matters stated in any resolution, certificate, statement, instrument,
opinion, report, notice, request, consent, order, appraisal, bond, Mortgage,
Mortgage Note or other paper or document (provided the same appears regular on
its face), unless requested in writing to do so by holders of Certificates
evidencing in the aggregate not less than 51% of the Voting Interest represented
by all Certificates; provided, however, that if the payment within a reasonable
time to the Trustee or the Trust Administrator of the costs, expenses or
liabilities likely to be incurred by it in the making of such investigation is,
in the opinion of the Trustee or the Trust Administrator, not reasonably assured
to the Trustee or the Trust Administrator by the security afforded to it by the
terms of this Agreement, the Trustee or the Trust Administrator may require
reasonable indemnity against such expense or liability as a condition to so
proceeding. The reasonable expense of every such investigation shall be paid by
the Master Servicer or, if paid by the Trustee or the Trust Administrator, shall
be repaid by the Master Servicer upon demand.
SECTION 8.04 NEITHER TRUSTEE NOR TRUST ADMINISTRATOR LIABLE FOR CERTIFICATES
OR MORTGAGE LOANS.
The recitals contained herein and in the Certificates (other than
the certificate of authentication on the Certificates) shall be taken as the
statements of the Seller, and neither the Trustee nor the Trust Administrator
assumes responsibility as to the correctness of the same. Neither the Trustee
nor the Trust Administrator makes any representation for the correctness of the
same. Neither the Trustee nor the Trust Administrator makes any representation
as to the validity or sufficiency of this Agreement or of the Certificates or of
any Mortgage Loan or related document. Subject to Section 2.04, neither the
Trustee nor the Trust Administrator shall be accountable for the use or
application by the Seller of any of the Certificates or of the proceeds of such
Certificates, or for the use or application of any funds paid to the Master
Servicer in respect of the Mortgage Loans deposited into the Certificate Account
by the Master Servicer or, in its capacity as trustee, for investment of any
such amounts.
SECTION 8.05 TRUSTEE AND TRUST ADMINISTRATOR MAY OWN CERTIFICATES.
Each of the Trustee, the Trust Administrator and any agent thereof,
in its individual or any other capacity, may become the owner or pledgee of
Certificates with the same rights it would have if it were not Trustee, Trust
Administrator or such agent and may transact banking and/or trust business with
the Seller, the Master Servicer or their Affiliates.
SECTION 8.06 THE MASTER SERVICER TO PAY FEES AND EXPENSES.
The Master Servicer covenants and agrees to pay to each of the
Trustee and the Trust Administrator from time to time, and each of the Trustee
and the Trust Administrator shall be entitled to receive, reasonable
compensation (which shall not be limited by any provision of law in regard to
the compensation of a trustee of an express trust) for all services rendered by
it in the execution of the trusts hereby created and in the exercise and
performance of any of the powers and duties hereunder of the Trustee or the
Trust Administrator, as the case may be, and the Master Servicer will pay or
reimburse the Trustee or the Trust Administrator, as the case may be, upon its
request for all reasonable expenses, disbursements and advances incurred or made
by it in accordance with any of the provisions of this Agreement (including the
reasonable compensation and the expenses and disbursements of its counsel and of
all persons not regularly in its employ) except any such expense, disbursement,
or advance as may arise from its negligence or bad faith.
SECTION 8.07 ELIGIBILITY REQUIREMENTS.
Each of the Trustee and the Trust Administrator hereunder shall at
all times (i) be a corporation or association having its principal office in a
state and city acceptable to the Seller, organized and doing business under the
laws of such state or the United States of America, authorized under such laws
to exercise corporate trust powers, having a combined capital and surplus of at
least $50,000,000, or shall be a member of a bank holding system, the aggregate
combined capital and surplus of which is at least $50,000,000, provided that its
separate capital and surplus shall at all times be at least the amount specified
in Section 310(a)(2) of the Trust Indenture Act of 1939, (ii) be subject to
supervision or examination by federal or state authority and (iii) have a credit
rating or be otherwise acceptable to the Rating Agencies such that neither of
the Rating Agencies would reduce their respective then current ratings of the
Certificates (or have provided such security from time to time as is sufficient
to avoid such reduction) as evidenced in writing by each Rating Agency. If such
corporation or association publishes reports of condition at least annually,
pursuant to law or to the requirements of the aforesaid supervising or examining
authority, then for the purposes of this Section the combined capital and
surplus of such corporation or association shall be deemed to be its combined
capital and surplus as set forth in its most recent report of condition so
published. In case at any time the Trustee or the Trust Administrator shall
cease to be eligible in accordance with the provisions of this Section, such
entity shall resign immediately in the manner and with the effect specified in
Section 8.08.
SECTION 8.08 RESIGNATION AND REMOVAL.
Either of the Trustee or the Trust Administrator may at any time
resign and be discharged from the trust hereby created by giving written notice
of resignation to the Master Servicer, such resignation to be effective upon the
appointment of a successor trustee or trust administrator. Upon receiving such
notice of resignation, the Master Servicer shall promptly appoint a successor
trustee or trust administrator by written instrument, in duplicate, one copy of
which instrument shall be delivered to the resigning entity and one copy to its
successor. If no successor trustee or trust administrator shall have been
appointed and have accepted appointment within 30 days after the giving of such
notice of resignation, the resigning Trustee or Trust Administrator, as the case
may be, may petition any court of competent jurisdiction for the appointment of
a successor trustee or trust administrator.
If at any time the Trustee or the Trust Administrator shall cease to
be eligible in accordance with the provisions of Section 8.07 and shall fail to
resign after written request for its resignation by the Master Servicer, or if
at any time the Trustee or the Trust Administrator shall become incapable of
acting, or an order for relief shall have been entered in any bankruptcy or
insolvency proceeding with respect to such entity, or a receiver of such entity
or of its property shall be appointed, or any public officer shall take charge
or control of the Trustee or the Trust Administrator or of the property or
affairs of the Trustee or the Trust Administrator for the purpose of
rehabilitation, conversion or liquidation, or the Master Servicer shall deem it
necessary in order to change the situs of the Trust Estate for state tax
reasons, then the Master Servicer shall remove the Trustee and/or the Trust
Administrator, as the case may be, and appoint a successor trustee and/or
successor trust administrator by written instrument, in duplicate, one copy of
which instrument shall be delivered to the Trustee or Trust Administrator so
removed and one copy to the successor trustee or successor trust administrator,
as the case may be.
The Holders of Certificates evidencing in the aggregate not less
than 51% of the Voting Interests represented by all Certificates (except that
any Certificate registered in the name of the Seller, the Master Servicer or any
affiliate thereof will not be taken into account in determining whether the
requisite Voting Interests has been obtained) may at any time remove the Trustee
and/or the Trust Administrator and appoint a successor by written instrument or
instruments, in triplicate, signed by such holders or their attorneys-in-fact
duly authorized, one complete set of which instruments shall be delivered to the
Master Servicer, one complete set of which shall be delivered to the entity or
entities so removed and one complete set of which shall be delivered to the
successor so appointed.
Any resignation or removal of the Trustee or the Trust Administrator
and appointment of a successor pursuant to any of the provisions of this Section
shall become effective upon acceptance of appointment by the successor as
provided in Section 8.09.
SECTION 8.09 SUCCESSOR.
Any successor trustee or successor trust administrator appointed as
provided in Section 8.08 shall execute, acknowledge and deliver to the Master
Servicer and to its predecessor trustee or trust administrator, as the case may
be, an instrument accepting such appointment hereunder, and thereupon the
resignation or removal of the predecessor trustee or trust administrator shall
become effective, and such successor, without any further act, deed or
reconveyance, shall become fully vested with all the rights, powers, duties and
obligations of its predecessor hereunder, with like effect as if originally
named as trustee or trust administrator, as the case may be, herein. The
predecessor trustee or trust administrator shall deliver to its successor all
Owner Mortgage Loan Files and related documents and statements held by it
hereunder (other than any Owner Mortgage Loan Files at the time held by a
Custodian, which Custodian shall become the agent of any successor trustee
hereunder), and the Seller, the Master Servicer and the predecessor entity shall
execute and deliver such instruments and do such other things as may reasonably
be required for more fully and certainly vesting and confirming in the successor
trustee or successor trust administrator, as the case may be, all such rights,
powers, duties and obligations. No successor shall accept appointment as
provided in this Section unless at the time of such acceptance such successor
shall be eligible under the provisions of Section 8.07.
Upon acceptance of appointment by a successor as provided in this
Section, the Master Servicer shall mail notice of the succession of such trustee
or trust administrator hereunder to all Holders of Certificates at their
addresses as shown in the Certificate Register. If the Master Servicer fails to
mail such notice within ten days after acceptance of the successor trustee or
successor trust administrator, as the case may be, the successor trustee or
trust administrator shall cause such notice to be mailed at the expense of the
Master Servicer.
SECTION 8.10 MERGER OR CONSOLIDATION.
Any Person into which either the Trustee or the Trust Administrator
may be merged or converted or with which it may be consolidated, to which it may
sell or transfer its corporate trust business and assets as a whole or
substantially as a whole or any Person resulting from any merger, sale,
transfer, conversion or consolidation to which the Trustee or the Trust
Administrator shall be a party, or any Person succeeding to the business of such
entity, shall be the successor of the Trustee or Trust Administrator, as the
case may be, hereunder; provided, however, that (i) such Person shall be
eligible under the provisions of Section 8.07, without the execution or filing
of any paper or any further act on the part of any of the parties hereto,
anything herein to the contrary notwithstanding, and (ii) the Trustee or the
Trust Administrator, as the case may be, shall deliver an Opinion of Counsel to
the Seller and the Master Servicer to the effect that such merger,
consolidation, sale or transfer will not subject the REMIC to federal, state or
local tax or cause the REMIC to fail to qualify as a REMIC, which Opinion of
Counsel shall be at the sole expense of the Trustee or the Trust Administrator,
as the case may be.
SECTION 8.11 AUTHENTICATING AGENT.
The Trust Administrator may appoint an Authenticating Agent, which
shall be authorized to act on behalf of the Trust Administrator in
authenticating Certificates. Wherever reference is made in this Agreement to the
authentication of Certificates by the Trust Administrator or the Trust
Administrator's countersignature, such reference shall be deemed to include
authentication on behalf of the Trust Administrator by the Authenticating Agent
and a certificate of authentication executed on behalf of the Trust
Administrator by the Authenticating Agent. The Authenticating Agent must be
acceptable to the Seller and the Master Servicer and must be a corporation
organized and doing business under the laws of the United States of America or
of any state, having a principal office and place of business in a state and
city acceptable to the Seller and the Master Servicer, having a combined capital
and surplus of at least $15,000,000, authorized under such laws to do a trust
business and subject to supervision or examination by federal or state
authorities.
Any corporation into which the Authenticating Agent may be merged or
converted or with which it may be consolidated, or any corporation resulting
from any merger, conversion or consolidation to which the Authenticating Agent
shall be a party, or any corporation succeeding to the corporate agency business
of the Authenticating Agent, shall be the Authenticating Agent without the
execution or filing of any paper or any further act on the part of the Trust
Administrator or the Authenticating Agent.
The Authenticating Agent may at any time resign by giving at least
30 days' advance written notice of resignation to the Trustee, the Trust
Administrator, the Seller and the Master Servicer. The Trust Administrator may
at any time terminate the agency of the Authenticating Agent by giving written
notice thereof to the Authenticating Agent, the Seller and the Master Servicer.
Upon receiving a notice of resignation or upon such a termination, or in case at
any time the Authenticating Agent shall cease to be eligible in accordance with
the provisions of this Section 8.11, the Trust Administrator promptly shall
appoint a successor Authenticating Agent, which shall be acceptable to the
Master Servicer, and shall give written notice of such appointment to the
Seller, and shall mail notice of such appointment to all Certificateholders. Any
successor Authenticating Agent upon acceptance of its appointment hereunder
shall become vested with all the rights, powers, duties and responsibilities of
its predecessor hereunder, with like effect as if originally named as
Authenticating Agent herein. No successor Authenticating Agent shall be
appointed unless eligible under the provisions of this Section 8.11.
The Authenticating Agent shall have no responsibility or liability
for any action taken by it as such at the direction of the Trust Administrator.
Any reasonable compensation paid to the Authenticating Agent shall be a
reimbursable expense under Section 8.06.
SECTION 8.12 SEPARATE TRUSTEES AND CO-TRUSTEES.
The Trustee shall have the power from time to time to appoint one or
more persons or corporations to act either as co-trustees jointly with the
Trustee, or as separate trustees, for the purpose of holding title to,
foreclosing or otherwise taking action with respect to any Mortgage Loan outside
the state where the Trustee has its principal place of business, where such
separate trustee or co-trustee is necessary or advisable (or the Trustee is
advised by the Master Servicer that such separate trustee or co-trustee is
necessary or advisable) under the laws of any state in which a Mortgaged
Property is located or for the purpose of otherwise conforming to any legal
requirement, restriction or condition in any state in which a Mortgaged Property
is located or in any state in which any portion of the Trust Estate is located.
The Master Servicer shall advise the Trustee when, in its good faith opinion, a
separate trustee or co-trustee is necessary or advisable as aforesaid. The
separate trustees or co-trustees so appointed shall be trustees for the benefit
of all of the Certificateholders and shall have such powers, rights and remedies
as shall be specified in the instrument of appointment; provided, however, that
no such appointment shall, or shall be deemed to, constitute the appointee an
agent of the Trustee. The Seller and the Master Servicer shall join in any such
appointment, but such joining shall not be necessary for the effectiveness of
such appointment.
Every separate trustee and co-trustee shall, to the extent permitted
by law, be appointed and act subject to the following provisions and conditions:
(i) all powers, duties, obligations and rights conferred
upon the Trustee, in respect of the receipt, custody and payment of moneys
shall be exercised solely by the Trustee;
(ii) all other rights, powers, duties and obligations
conferred or imposed upon the Trustee shall be conferred or imposed upon
and exercised or performed by the Trustee and such separate trustee or
co-trustee jointly, except to the extent that under any law of any
jurisdiction in which any particular act or acts are to be performed
(whether as Trustee hereunder or as successor to the Master Servicer
hereunder) the Trustee shall be incompetent or unqualified to perform such
act or acts, in which event such rights, powers, duties and obligations
(including the holding of title to the Trust Estate or any portion thereof
in any such jurisdiction) shall be exercised and performed by such
separate trustee or co-trustee;
(iii) no separate trustee or co-trustee hereunder shall be
personally liable by reason of any act or omission of any other separate
trustee or co-trustee hereunder; and
(iv) the Trustee may at any time accept the resignation of
or remove any separate trustee or co-trustee so appointed by it, if such
resignation or removal does not violate the other terms of this Agreement.
Any notice, request or other writing given to the Trustee shall be
deemed to have been given to each of the then separate trustees and co-trustees,
as effectively as if given to each of them. Every instrument appointing any
separate trustee, co-trustee, or custodian shall refer to this Agreement and the
conditions of this Article. Each separate trustee and co-trustee, upon its
acceptance of the trusts conferred, shall be vested with the estates or property
specified in its instrument of appointment, either jointly with the Trustee, or
separately, as may be provided therein, subject to all the provisions of this
Agreement, specifically including every provision of this Agreement relating to
the conduct of, affecting the liability of, or affording protection to, the
Trustee. Every such instrument shall be furnished to the Trustee.
Any separate trustee, co-trustee, or custodian may, at any time,
constitute the Trustee, its agent or attorney-in-fact, with full power and
authority, to the extent not prohibited by law, to do any lawful act under or in
respect of this Agreement on its behalf and in its name. If any separate trustee
or co-trustee shall die, become incapable of acting, resign or be removed, all
of its estates, properties, rights, remedies and trusts shall vest in and be
exercised by the Trustee to the extent permitted by law, without the appointment
of a new or successor trustee.
No separate trustee or co-trustee hereunder shall be required to
meet the terms of eligibility as a successor trustee under Section 8.07
hereunder and no notice to Certificateholders of the appointment thereof shall
be required under Section 8.09 hereof.
The Trustee agrees to instruct its co-trustees, if any, to the
extent necessary to fulfill such entity's obligations hereunder.
The Master Servicer shall pay the reasonable compensation of the
co-trustees to the extent, and in accordance with the standards, specified in
Section 8.06 hereof.
SECTION 8.13 APPOINTMENT OF CUSTODIANS.
The Trust Administrator may at any time on or after the Closing
Date, with the consent of the Master Servicer and the Seller, appoint one or
more Custodians to hold all or a portion of the Owner Mortgage Loan Files as
agent for the Trust Administrator, by entering into a Custodial Agreement.
Subject to this Article VIII, the Trust Administrator agrees to comply with the
terms of each Custodial Agreement and to enforce the terms and provisions
thereof against the Custodian for the benefit of the Certificateholders. Each
Custodian shall be a depository institution subject to supervision by federal or
state authority, shall have a combined capital and surplus of at least
$10,000,000 and shall be qualified to do business in the jurisdiction in which
it holds any Owner Mortgage Loan File. Each Custodial Agreement may be amended
only as provided in Section 10.01(a).
SECTION 8.14 TAX MATTERS; COMPLIANCE WITH REMIC PROVISIONS.
(a) Each of the Trustee, the Trust Administrator and the Master
Servicer covenants and agrees that it shall perform its duties hereunder in a
manner consistent with the REMIC Provisions and shall not knowingly take any
action or fail to take any action that would (i) affect the determination of the
Trust Estate's status as a REMIC; or (ii) cause the imposition of any federal,
state or local income, prohibited transaction, contribution or other tax on
either the REMIC or the Trust Estate. The Master Servicer, or, in the case of
any tax return or other action required by law to be performed directly by the
Trust Administrator, the Trust Administrator, shall (i) prepare or cause to be
prepared, timely cause to be signed by the Trustee and file or cause to be filed
annual federal and applicable state and local income tax returns using a
calendar year as the taxable year for the REMIC and the accrual method of
accounting; (ii) in the first such federal tax return, make, or cause to be
made, elections satisfying the requirements of the REMIC Provisions, on behalf
of the Trust Estate, to treat the Trust Estate as a REMIC; (iii) prepare,
execute and forward, or cause to be prepared, executed and forwarded, to the
Certificateholders all information reports or tax returns required with respect
to the REMIC, as and when required to be provided to the Certificateholders, and
to the Internal Revenue Service and any other relevant governmental taxing
authority in accordance with the REMIC Provisions and any other applicable
federal, state or local laws, including without limitation information reports
relating to "original issue discount" and "market discount" as defined in the
Code based upon the issue prices, prepayment assumption and cash flows provided
by the Seller to the Trust Administrator and calculated on a monthly basis by
using the issue prices of the Certificates; (iv) make available information
necessary for the application of any tax imposed on transferors of residual
interests to "disqualified organizations" (as defined in the REMIC Provisions);
(v) file Forms SS-4 and 8811 and respond to inquiries by Certificateholders or
their nominees concerning information returns, reports or tax returns; (vi)
maintain (or cause to be maintained by the Servicers) such records relating to
the REMIC, including but not limited to the income, expenses, individual
Mortgage Loans (including REO Mortgage Loans, other assets and liabilities of
the REMIC, and the fair market value and adjusted basis of the REMIC property
determined at such intervals as may be required by the Code, as may be necessary
to prepare the foregoing returns or information reports; (vii) exercise
reasonable care not to allow the creation of any "interests" in the REMIC within
the meaning of Code Section 860D(a)(2) other than the interests represented by
the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7,
Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class
A-14, Class A-15, Class A-16, Class A-PO, Class A-R, Class B-1, Class B-2, Class
B-3, Class B-4, Class B-5 and Class B-6 Certificates; (viii) exercise reasonable
care not to allow the occurrence of any "prohibited transactions" within the
meaning of Code Section 860F(a), unless the Master Servicer shall have provided
an Opinion of Counsel to the Trustee that such occurrence would not (a) result
in a taxable gain, (b) otherwise subject either the Trust Estate or the REMIC to
tax or (c) cause the Trust Estate to fail to qualify as a REMIC; (ix) exercise
reasonable care not to allow the REMIC to receive income from the performance of
services or from assets not permitted under the REMIC Provisions to be held by a
REMIC; (x) pay (on behalf of the REMIC) the amount of any federal income tax,
including, without limitation, prohibited transaction taxes, taxes on net income
from foreclosure property, and taxes on certain contributions to a REMIC after
the Startup Day, imposed on the REMIC, when and as the same shall be due and
payable (but such obligation shall not prevent the Master Servicer or any other
appropriate Person from contesting any such tax in appropriate proceedings and
shall not prevent the Master Servicer from withholding or depositing payment of
such tax, if permitted by law, pending the outcome of such proceedings); and
(xi) if required or permitted by the Code and applicable law, act as "tax
matters person" for the REMIC within the meaning of Treasury Regulations Section
1.860F-4(d), and the Master Servicer is hereby designated as agent of the Class
A-R Certificateholder for such purpose (or if the Master Servicer is not so
permitted, the Holder of the Class A-R Certificate shall be a tax matters person
in accordance with the REMIC Provisions). The Master Servicer shall be entitled
to be reimbursed pursuant to Section 3.02 for any taxes paid by it pursuant to
clause (x) of the preceding sentence, except to the extent that such taxes are
imposed as a result of the bad faith, willful misfeasance or gross negligence of
the Master Servicer in the performance of its obligations hereunder. The
Trustee's sole duties with respect to the REMIC are to sign the tax returns
referred to in clause (i) of the second preceding sentence and comply with the
written directions from the Master Servicer or the Trust Administrator.
In order to enable the Master Servicer, the Trust Administrator or
the Trustee, as the case may be, to perform its duties as set forth above, the
Seller shall provide, or cause to be provided, to the Master Servicer within ten
days after the Closing Date all information or data that the Master Servicer
determines to be relevant for tax purposes to the valuations and offering prices
of the Certificates, including, without limitation, the price, yield, prepayment
assumption and projected cash flows of each Class of Certificates and the
Mortgage Loans in the aggregate. Thereafter, the Seller shall provide to the
Master Servicer, the Trust Administrator or the Trustee, as the case may be,
promptly upon request therefor, any such additional information or data that the
Master Servicer, the Trust Administrator or the Trustee, as the case may be, may
from time to time request in order to enable the Master Servicer to perform its
duties as set forth above. The Seller hereby indemnifies the Master Servicer,
the Trust Administrator or the Trustee, as the case may be, for any losses,
liabilities, damages, claims or expenses of the Master Servicer, the Trust
Administrator or the Trustee arising from any errors or miscalculations by the
Master Servicer, the Trust Administrator or the Trustee pursuant to this Section
that result from any failure of the Seller to provide, or to cause to be
provided, accurate information or data to the Master Servicer, the Trust
Administrator or the Trustee, as the case may be, on a timely basis. The Master
Servicer hereby indemnifies the Seller, the Trust Administrator and the Trustee
for any losses, liabilities, damages, claims or expenses of the Seller, the
Trust Administrator or the Trustee arising from the Master Servicer's willful
misfeasance, bad faith or gross negligence in preparing any of the federal,
state and local tax returns of the REMIC as described above. In the event that
the Trust Administrator prepares any of the federal, state and local tax returns
of the REMIC as described above, the Trust Administrator hereby indemnifies the
Seller, the Master Servicer and the Trustee for any losses, liabilities,
damages, claims or expenses of the Seller, the Master Servicer or the Trustee
arising from the Trust Administrator's willful misfeasance, bad faith or
negligence in connection with such preparation.
(b) Notwithstanding anything in this Agreement to the contrary, each
of the Master Servicer, the Trust Administrator and the Trustee shall pay from
its own funds, without any right of reimbursement therefor, the amount of any
costs, liabilities and expenses incurred by the Trust Estate (including, without
limitation, any and all federal, state or local taxes, including taxes imposed
on "prohibited transactions" within the meaning of the REMIC Provisions) if and
to the extent that such costs, liabilities and expenses arise from a failure of
the Master Servicer, the Trust Administrator or the Trustee to, respectively,
perform its obligations under this Section 8.14.
SECTION 8.15 MONTHLY ADVANCES.
In the event that Norwest Mortgage fails to make a Periodic Advance
required to be made pursuant to the Norwest Servicing Agreement on or before the
Distribution Date, the Trust Administrator shall make a Periodic Advance as
required by Section 3.03 hereof; provided, however, the Trust Administrator
shall not be required to make such Periodic Advances if prohibited by law or if
it determines that such Periodic Advance would be a Nonrecoverable Advance. With
respect to those Periodic Advances which should have been made by Norwest
Mortgage, the Trust Administrator shall be entitled, pursuant to Section
3.02(a)(i), (ii) or (v) hereof, to be reimbursed from the Certificate Account
for Periodic Advances and Nonrecoverable Advances made by it.
SECTION 8.16 TRUSTEE COVENANTS CONCERNING YEAR 2000 COMPLIANCE.
The Trustee covenants that it is working to modify its computer and
other systems used in the performance of its duties as trustee for the
Certificates to operate in a manner such that, on and after January 1, 2000, the
Trustee can perform its duties in accordance with the terms of this Agreement.
SECTION 8.17 TRUST ADMINISTRATOR COVENANTS CONCERNING YEAR 2000 COMPLIANCE.
The Trust Administrator covenants that it is working to modify its
computer and other systems used in the performance of its duties as trust
administrator for the Certificates to operate in a manner such that, on and
after January 1, 2000, the Trust Administrator can perform its duties in
accordance with the terms of this Agreement.
<PAGE>
ARTICLE IX
TERMINATION
SECTION 9.01 TERMINATION UPON PURCHASE BY THE SELLER OR LIQUIDATION OF ALL
MORTGAGE LOANS.
Subject to Section 9.02, the respective obligations and
responsibilities of the Seller, the Master Servicer, the Trust Administrator and
the Trustee created hereby (other than the obligation of the Trust Administrator
to make certain payments after the Final Distribution Date to Certificateholders
and the obligation of the Master Servicer to send certain notices as hereinafter
set forth and the tax reporting obligations under Sections 4.05 and 8.14 hereof)
shall terminate upon the last action required to be taken by the Trust
Administrator on the Final Distribution Date pursuant to this Article IX
following the earlier of (i) the purchase by the Seller of all Mortgage Loans
and all property acquired in respect of any Mortgage Loan remaining in the Trust
Estate at a price equal to the sum of (x) 100% of the unpaid principal balance
of each Mortgage Loan (other than any REO Mortgage Loan) as of the Final
Distribution Date, and (y) the fair market value of the Mortgaged Property
related to any REO Mortgage Loan (as determined by the Master Servicer as of the
close of business on the third Business Day next preceding the date upon which
notice of any such termination is furnished to Certificateholders pursuant to
the third paragraph of this Section 9.01), plus any accrued and unpaid interest
through the last day of the month preceding the month of such purchase at the
applicable Mortgage Interest Rate less any Fixed Retained Yield on each Mortgage
Loan (including any REO Mortgage Loan) and (ii) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Estate (including for this purpose the discharge of any
Mortgagor under a defaulted Mortgage Loan on which a Servicer is not obligated
to foreclose due to environmental impairment) or the disposition of all property
acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage Loan;
provided, however, that in no event shall the trust created hereby continue
beyond the expiration of 21 years from the death of the last survivor of the
descendants of Joseph P. Kennedy, the late ambassador of the United States to
the Court of St. James, living on the date hereof.
The right of the Seller to purchase all the assets of the Trust
Estate pursuant to clause (i) of the preceding paragraph are subject to Section
9.02 and conditioned upon the Pool Scheduled Principal Balance of the Mortgage
Loans as of the Final Distribution Date being less than the amount set forth in
Section 11.22. In the case of any purchase by the Seller pursuant to said clause
(i), the Seller shall provide to the Trust Administrator the certification
required by Section 3.04 and the Trust Administrator and the Custodian shall,
promptly following payment of the purchase price, release to the Seller the
Owner Mortgage Loan Files pertaining to the Mortgage Loans being purchased.
Notice of any termination, specifying the Final Distribution Date
(which shall be a date that would otherwise be a Distribution Date) upon which
the Certificateholders may surrender their Certificates to the Trust
Administrator for payment of the final distribution and cancellation, shall be
given promptly by the Master Servicer (if it is exercising its right to purchase
the assets of the Trust Estate) or by the Trust Administrator (in any other
case) by letter to Certificateholders mailed not earlier than the 15th day of
the month preceding the month of such final distribution and not later than the
twentieth day of the month of such final distribution specifying (A) the Final
Distribution Date upon which final payment of the Certificates will be made upon
presentation and surrender of Certificates at the office or agency of the Trust
Administrator therein designated, (B) the amount of any such final payment and
(C) that the Record Date otherwise applicable to such Distribution Date is not
applicable, payments being made (except in the case of any Class A Certificate
surrendered on a prior Distribution Date pursuant to Section 4.01) only upon
presentation and surrender of the Certificates at the office or agency of the
Trust Administrator therein specified. If the Master Servicer is obligated to
give notice to Certificateholders as aforesaid, it shall give such notice to the
Trust Administrator and the Certificate Registrar at the time such notice is
given to Certificateholders. In the event such notice is given by the Master
Servicer, the Master Servicer shall deposit in the Certificate Account on or
before the Final Distribution Date in immediately available funds an amount
equal to the purchase price for the assets of the Trust Estate computed as above
provided. Failure to give notice of termination as described herein shall not
entitle a Certificateholder to any interest beyond the interest payable on the
Final Distribution Date.
Upon presentation and surrender of the Certificates, the Trust
Administrator shall cause to be distributed to Certificateholders on the Final
Distribution Date in proportion to their respective Percentage Interests an
amount equal to (i) as to the Classes of Class A Certificates, the respective
Principal Balance together with any related Class A Unpaid Interest Shortfall
and one month's interest in an amount equal to the respective Interest Accrual
Amount, (ii) as to the Classes of Class B Certificates, the respective Principal
Balance together with any related Class B Unpaid Interest Shortfall and one
month's interest in an amount equal to the respective Interest Accrual Amount
and (iii) as to the Class A-R Certificate, the amounts, if any, which remain on
deposit in the Certificate Account (other than amounts retained to meet claims)
after application pursuant to clauses (i), (ii) and (iii) above and payment to
the Master Servicer of any amounts it is entitled as reimbursement or otherwise
hereunder. Notwithstanding the foregoing, if the price paid pursuant to clause
(i) of the first paragraph of this Section 9.01, after reimbursement to the
Servicers, the Master Servicer and the Trust Administrator of any Periodic
Advances, is insufficient to pay in full the amounts set forth in clauses (i),
(ii) and (iii) of this paragraph, then any shortfall in the amount available for
distribution to Certificateholders shall be allocated in reduction of the
amounts otherwise distributable on the Final Distribution Date in the same
manner as Realized Losses are allocated pursuant to Sections 4.02(b) and 4.02(g)
hereof. Such distribution on the Final Distribution Date shall be in lieu of the
distribution otherwise required to be made on such Distribution Date in respect
of each Class of Certificates.
In the event that all of the Certificateholders shall not surrender
their Certificates for final payment and cancellation within three months
following the Final Distribution Date, the Trust Administrator shall on such
date cause all funds, if any, in the Certificate Account not distributed in
final distribution to Certificateholders to be withdrawn therefrom and credited
to the remaining Certificateholders by depositing such funds in a separate
escrow account for the benefit of such Certificateholders, and the Master
Servicer (if it exercised its right to purchase the assets of the Trust Estate)
or the Trust Administrator (in any other case) shall give a second written
notice to the remaining Certificateholders to surrender their Certificates for
cancellation and receive the final distribution with respect thereto. If within
three months after the second notice all the Certificates shall not have been
surrendered for cancellation, the Trust Administrator may take appropriate
steps, or may appoint an agent to take appropriate steps, to contact the
remaining Certificateholders concerning surrender of their Certificates, and the
cost thereof shall be paid out of the funds on deposit in such escrow account.
SECTION 9.02 ADDITIONAL TERMINATION REQUIREMENTS.
In the event of a termination of the Trust Estate upon the exercise
by the Seller of its purchase option as provided in Section 9.01, the Trust
Estate shall be terminated in accordance with the following additional
requirements, unless the Trust Administrator has received an Opinion of Counsel
to the effect that any other manner of termination (i) will constitute a
"qualified liquidation" of the Trust Estate within the meaning of Code Section
860F(a)(4)(A) and (ii) will not subject the REMIC to federal tax or cause the
Trust Estate to fail to qualify as a REMIC at any time that any Certificates are
outstanding:
(i) The notice given by the Master Servicer under Section
9.01 shall provide that such notice constitutes the adoption of a plan of
complete liquidation of the REMIC as of the date of such notice (or, if
earlier, the date on which the first such notice is mailed to
Certificateholders). The Master Servicer shall also specify such date in a
statement attached to the final tax return of the REMIC; and
(ii) At or after the time of adoption of such a plan of
complete liquidation and at or prior to the Final Distribution Date, the
Trust Administrator shall sell all of the assets of the Trust Estate to
the Seller for cash at the purchase price specified in Section 9.01 and
shall distribute such cash within 90 days of such adoption in the manner
specified in Section 9.01.
<PAGE>
ARTICLE X
MISCELLANEOUS PROVISIONS
SECTION 10.01 AMENDMENT.
(a) This Agreement or any Custodial Agreement may be amended from
time to time by the Seller, the Master Servicer, the Trust Administrator and the
Trustee, without the consent of any of the Certificateholders, (i) to cure any
ambiguity or mistake, (ii) to correct or supplement any provisions herein or
therein which may be inconsistent with any other provisions herein or therein,
(iii) to modify, eliminate or add to any of its provisions to such extent as
shall be necessary to maintain the qualification of the Trust Estate as a REMIC
at all times that any Certificates are outstanding or to avoid or minimize the
risk of the imposition of any federal tax on the Trust Estate or the REMIC
pursuant to the Code that would be a claim against the Trust Estate, provided
that (a) the Trustee and the Trust Administrator have received an Opinion of
Counsel to the effect that such action is necessary or desirable to maintain
such qualification or to avoid or minimize the risk of the imposition of any
such tax and (b) such action shall not, as evidenced by such Opinion of Counsel,
adversely affect in any material respect the interests of any Certificateholder,
(iv) to change the timing and/or nature of deposits into the Certificate Account
provided that (a) such change shall not, as evidenced by an Opinion of Counsel,
adversely affect in any material respect the interests of any Certificateholder
and (b) such change shall not adversely affect the then-current rating of the
Certificates as evidenced by a letter from each Rating Agency to such effect,
(v) to modify, eliminate or add to the provisions of Section 5.02 or any other
provisions hereof restricting transfer of the Certificates, provided that the
Master Servicer for purposes of Section 5.02 has determined in its sole
discretion that any such modifications to this Agreement will neither adversely
affect the rating on the Certificates nor give rise to a risk that either the
Trust Estate or the REMIC or any of the Certificateholders will be subject to a
tax caused by a transfer to a non-permitted transferee and (vi) to make any
other provisions with respect to matters or questions arising under this
Agreement or such Custodial Agreement which shall not be materially inconsistent
with the provisions of this Agreement, provided that such action shall not, as
evidenced by an Opinion of Counsel, adversely affect in any material respect the
interests of any Certificateholder.
This Agreement or any Custodial Agreement may also be amended from
time to time by the Seller, the Master Servicer, the Trust Administrator and the
Trustee with the consent of the Holders of Certificates evidencing in the
aggregate not less than 66-2/3% of the aggregate Voting Interests of each Class
of Certificates affected thereby for the purpose of adding any provisions to or
changing in any manner or eliminating any of the provisions of this Agreement or
such Custodial Agreement or of modifying in any manner the rights of the Holders
of Certificates of such Class; provided, however, that no such amendment shall
(i) reduce in any manner the amount of, or delay the timing of, payments
received on Mortgage Loans which are required to be distributed on any
Certificate without the consent of the Holder of such Certificate, (ii)
adversely affect in any material respect the interest of the Holders of
Certificates of any Class in a manner other than as described in clause (i)
hereof without the consent of Holders of Certificates of such Class evidencing,
as to such Class, Voting Interests aggregating not less than 66-2/3% or (iii)
reduce the aforesaid percentage of Certificates of any Class the Holders of
which are required to consent to any such amendment, without the consent of the
Holders of all Certificates of such Class then outstanding.
Notwithstanding any contrary provision of this Agreement, neither
the Trustee nor the Trust Administrator shall consent to any amendment to this
Agreement unless it shall have first received an Opinion of Counsel to the
effect that such amendment will not subject the REMIC to tax or cause the Trust
Estate to fail to qualify as a REMIC at any time that any Certificates are
outstanding.
Promptly after the execution of any amendment requiring the consent
of Certificateholders, the Trust Administrator shall furnish written
notification of the substance of such amendment to each Certificateholder.
It shall not be necessary for the consent of Certificateholders
under this Section 10.01(a) to approve the particular form of any proposed
amendment, but it shall be sufficient if such consent shall approve the
substance thereof. The manner of obtaining such consents and of evidencing the
authorization of the execution thereof by Certificateholders shall be subject to
such reasonable regulations as the Trust Administrator may prescribe.
(b) Notwithstanding any contrary provision of this Agreement, the
Master Servicer may, from time to time, amend Schedule I hereto without the
consent of any Certificateholder, the Trust Administrator or the Trustee;
provided, however, (i) that such amendment does not conflict with any provisions
of the related Servicing Agreement, (ii) that the related Servicing Agreement
provides for the remittance of each type of Unscheduled Principal Receipts
received by such Servicer during the Applicable Unscheduled Principal Receipt
Period (as so amended) related to each Distribution Date to the Master Servicer
no later than the 24th day of the month in which such Distribution Date occurs
and (iii) that such amendment is for the purpose of:
(i) changing the Applicable Unscheduled Principal Receipt
Period for Exhibit F-1 Mortgage Loans to a Mid-Month Receipt Period with
respect to all Unscheduled Principal Receipts; or
(ii) changing the Applicable Unscheduled Principal Receipt
Period for all Mortgage Loans serviced by any Servicer to a Mid-Month
Receipt Period with respect to Full Unscheduled Principal Receipts and to a
Prior Month Receipt Period with respect to Partial Unscheduled Principal
Receipts.
A copy of any amendment to Schedule I pursuant to this Section
10.01(b) shall be promptly forwarded to the Trust Administrator.
SECTION 10.02 RECORDATION OF AGREEMENT.
This Agreement (or an abstract hereof, if acceptable to the
applicable recording office) is subject to recordation in all appropriate public
offices for real property records in all the towns or other comparable
jurisdictions in which any or all of the Mortgaged Properties are situated, and
in any other appropriate public office or elsewhere, such recordation to be
effected by the Master Servicer and at its expense on direction by the Trust
Administrator, but only upon direction accompanied by an Opinion of Counsel to
the effect that such recordation materially and beneficially affects the
interests of the Certificateholders.
For the purpose of facilitating the recordation of this Agreement as
herein provided and for other purposes, this Agreement may be executed
simultaneously in any number of counterparts, each of which counterparts shall
be deemed to be an original, and such counterparts shall constitute but one and
the same instrument.
SECTION 10.03 LIMITATION ON RIGHTS OF CERTIFICATEHOLDERS.
The death or incapacity of any Certificateholder shall not operate
to terminate this Agreement or the Trust Estate, nor entitle such
Certificateholder's legal representatives or heirs to claim an accounting or
take any action or proceeding in any court for a partition or winding up of the
Trust Estate, nor otherwise affect the rights, obligations and liabilities of
the parties hereto or any of them.
Except as otherwise expressly provided herein, no Certificateholder,
solely by virtue of its status as a Certificateholder, shall have any right to
vote or in any manner otherwise control the operation and management of the
Trust Estate, or the obligations of the parties hereto, nor shall anything
herein set forth, or contained in the terms of the Certificates, be construed so
as to constitute the Certificateholders from time to time as partners or members
of an association, nor shall any Certificateholder be under any liability to any
third person by reason of any action taken by the parties to this Agreement
pursuant to any provision hereof.
No Certificateholder, solely by virtue of its status as
Certificateholder, shall have any right by virtue or by availing of any
provision of this Agreement to institute any suit, action or proceeding in
equity or at law upon or under or with respect to this Agreement, unless such
Holder previously shall have given to the Trust Administrator a written notice
of default and of the continuance thereof, as hereinbefore provided, and unless
also the Holders of Certificates evidencing not less than 25% of the Voting
Interest represented by all Certificates shall have made written request upon
the Trust Administrator to institute such action, suit or proceeding in its own
name as Trust Administrator hereunder and shall have offered to the Trust
Administrator such reasonable indemnity as it may require against the cost,
expenses and liabilities to be incurred therein or thereby, and the Trust
Administrator, for 60 days after its receipt of such notice, request and offer
of indemnity, shall have neglected or refused to institute any such action, suit
or proceeding; it being understood and intended, and being expressly covenanted
by each Certificateholder with every other Certificateholder and the Trust
Administrator, that no one or more Holders of Certificates shall have any right
in any manner whatever by virtue or by availing of any provision of this
Agreement to affect, disturb or prejudice the rights of the Holders of any other
of such Certificates, or to obtain or seek to obtain priority over or preference
to any other such Holder, or to enforce any right under this Agreement, except
in the manner herein provided and for the benefit of all Certificateholders. For
the protection and enforcement of the provisions of this Section, each and every
Certificateholder and the Trust Administrator shall be entitled to such relief
as can be given either at law or in equity.
SECTION 10.04 GOVERNING LAW; JURISDICTION.
This Agreement shall be construed in accordance with the laws of the
State of New York (without regard to conflicts of laws principles), and the
obligations, rights and remedies of the parties hereunder shall be determined in
accordance with such laws.
SECTION 10.05 NOTICES.
All demands, notices and communications hereunder shall be in
writing and shall be deemed to have been duly given if personally delivered at
or mailed by certified or registered mail, return receipt requested (i) in the
case of the Seller, to Norwest Asset Securities Corporation, 7485 New Horizon
Way, Frederick, Maryland 21703, Attention: Chief Executive Officer, or such
other address as may hereafter be furnished to the Master Servicer, the Trust
Administrator and the Trustee in writing by the Seller, (ii) in the case of the
Master Servicer, to Norwest Bank Minnesota, National Association, 7485 New
Horizon Way, Frederick, Maryland 21703, Attention: Vice President or such other
address as may hereafter be furnished to the Seller and the Trustee in writing
by the Master Servicer, (iii) in the case of the Trustee, to the Corporate Trust
Office and (iv) in the case of the Trust Administrator, to the Corporate Trust
Office, or such other address as may hereafter be furnished to the Seller and
the Master Servicer in writing by the Trustee or the Trust Administrator, in
each case Attention: Corporate Trust Department. Any notice required or
permitted to be mailed to a Certificateholder shall be given by first class
mail, postage prepaid, at the address of such Holder as shown in the Certificate
Register. Any notice mailed or transmitted within the time prescribed in this
Agreement shall be conclusively presumed to have been duly given, whether or not
the addressee receives such notice, provided, however, that any demand, notice
or communication to or upon the Seller, the Master Servicer, the Trust
Administrator or the Trustee shall not be effective until received.
For all purposes of this Agreement, in the absence of actual
knowledge by an officer of the Master Servicer, the Master Servicer shall not be
deemed to have knowledge of any act or failure to act of any Servicer unless
notified thereof in writing by the Trustee, the Trust Administrator, such
Servicer or a Certificateholder.
SECTION 10.06 SEVERABILITY OF PROVISIONS.
If any one or more of the covenants, agreements, provisions or terms
of this Agreement shall be for any reason whatsoever held invalid, then such
covenants, agreements, provisions or terms shall be deemed severable from the
remaining covenants, agreements, provisions or terms of this Agreement and shall
in no way affect the validity or enforceability of the other provisions of this
Agreement or of the Certificates or the rights of the Holders thereof.
SECTION 10.07 SPECIAL NOTICES TO RATING AGENCIES .
(a) The Trust Administrator shall give prompt notice to each Rating
Agency of the occurrence of any of the following events of which it has notice:
(i) any amendment to this Agreement pursuant to Section
10.01(a);
(ii) any sale or transfer of the Class B Certificates
pursuant to Section 5.02 to an affiliate of the Seller;
(iii) any assignment by the Master Servicer of its rights
and delegation of its duties pursuant to Section 6.06;
(iv) any resignation of the Master Servicer pursuant to
Section 6.04;
(v) the occurrence of any of the Events of Default
described in Section 7.01;
(vi) any notice of termination given to the Master Servicer
pursuant to Section 7.01;
(vii) the appointment of any successor to the Master
Servicer pursuant to Section 7.05; or
(viii) the making of a final payment pursuant to Section
9.01.
(b) The Master Servicer shall give prompt notice to each Rating
Agency of the occurrence of any of the following events:
(i) the appointment of a Custodian pursuant to Section
2.02;
(ii) the resignation or removal of the Trustee or the Trust
Administrator pursuant to Section 8.08;
(iii) the appointment of a successor trustee or trust
administrator pursuant to Section 8.09; or
(iv) the sale, transfer or other disposition in a single
transaction of 50% or more of the equity interests in the Master Servicer.
(c) The Master Servicer shall deliver to each Rating Agency:
(i) reports prepared pursuant to Section 3.05; and
(ii) statements prepared pursuant to Section 4.04.
SECTION 10.08 COVENANT OF SELLER.
The Seller shall not amend Article Third of its Certificate of
Incorporation without the prior written consent of each Rating Agency rating the
Certificates.
SECTION 10.09 RECHARACTERIZATION.
The Parties intend the conveyance by the Seller to the Trustee of
all of its right, title and interest in and to the Mortgage Loans pursuant to
this Agreement to constitute a purchase and sale and not a loan. Notwithstanding
the foregoing, to the extent that such conveyance is held not to constitute a
sale under applicable law, it is intended that this Agreement shall constitute a
security agreement under applicable law and that the Seller shall be deemed to
have granted to the Trustee a first priority security interest in all of the
Seller's right, title and interest in and to the Mortgage Loans.
<PAGE>
ARTICLE XI
TERMS FOR CERTIFICATES
SECTION 11.01 CLASS A FIXED PASS-THROUGH RATE.
The Class A Fixed Pass-Through Rate is 6.500% per annum.
SECTION 11.02 CUT-OFF DATE.
The Cut-Off Date for the Certificates is May 1, 1999.
SECTION 11.03 CUT-OFF DATE AGGREGATE PRINCIPAL BALANCE.
The Cut-Off Date Aggregate Principal Balance is $700,178,451.74.
SECTION 11.04 ORIGINAL CLASS A PERCENTAGE.
The Original Class A Percentage is 95.99152200%.
SECTION 11.05 ORIGINAL PRINCIPAL BALANCES OF THE CLASSES OF CLASS A
CERTIFICATES.
As to the following Classes of Class A Certificates, the Principal
Balance of such Class as of the Cut-Off Date, as follows:
ORIGINAL
CLASS PRINCIPAL BALANCE
----- -----------------
Class A-1 $ 139,195,458.00
Class A-2 $ 298,404,135.00
Class A-3 $ 22,005,282.00
Class A-4 $ 18,250,000.00
Class A-5 $ 67,178,451.00
Class A-6 $ 10,395,765.00
Class A-7 $ 25,000,000.00
Class A-8 $ 31,400,000.00
Class A-9 $ 3,211,650.00
Class A-10 $ 1,568,717.00
Class A-11 $ 1,851,350.00
Class A-12 $ 933,300.00
Class A-13 $ 2,601,650.00
Class A-14 $ 20,333,333.00
Class A-15 $ 25,378,809.00
Class A-16 $ 3,000,000.00
Class A-PO $ 1,462,579.75
Class A-R $ 100.00
SECTION 11.06 ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE.
The Original Class A Non-PO Principal Balance is $670,708,000.00.
SECTION 11.07 ORIGINAL SUBORDINATED PERCENTAGE.
The Original Subordinated Percentage is 4.00847800%.
SECTION 11.08 ORIGINAL CLASS B-1 PERCENTAGE.
The Original Class B-1 Percentage is 2.30479951%.
SECTION 11.09 ORIGINAL CLASS B-2 PERCENTAGE.
The Original Class B-2 Percentage is 0.70157273%.
SECTION 11.10 ORIGINAL CLASS B-3 PERCENTAGE.
The Original Class B-3 Percentage is 0.30055135%.
SECTION 11.11 ORIGINAL CLASS B-4 PERCENTAGE.
The Original Class B-4 Percentage is 0.30069447%.
SECTION 11.12 ORIGINAL CLASS B-5 PERCENTAGE.
The Original Class B-5 Percentage is 0.17031243%.
SECTION 11.13 ORIGINAL CLASS B-6 PERCENTAGE.
The Original Class B-6 Percentage is 0.23054750%.
SECTION 11.14 ORIGINAL CLASS B PRINCIPAL BALANCE.
The Original Class B Principal Balance is $28,007,871.99.
SECTION 11.15 ORIGINAL PRINCIPAL BALANCES OF THE CLASSES OF CLASS B
CERTIFICATES.
As to the following Classes of Class B Certificate, the Principal
Balance of such Class as of the Cut-Off Date, is as follows:
ORIGINAL
CLASS PRINCIPAL BALANCE
----- -----------------
Class B-1 $ 16,104,000.00
Class B-2 $ 4,902,000.00
Class B-3 $ 2,100,000.00
Class B-4 $ 2,101,000.00
Class B-5 $ 1,190,000.00
Class B-6 $ 1,610,871.99
SECTION 11.16 ORIGINAL CLASS B-1 FRACTIONAL INTEREST.
The Original Class B-1 Fractional Interest is 1.70367848%.
SECTION 11.17 ORIGINAL CLASS B-2 FRACTIONAL INTEREST.
The Original Class B-2 Fractional Interest is 1.00210575%.
SECTION 11.18 ORIGINAL CLASS B-3 FRACTIONAL INTEREST.
The Original Class B-3 Fractional Interest is 0.70155440%.
SECTION 11.19 ORIGINAL CLASS B-4 FRACTIONAL INTEREST.
The Original Class B-4 Fractional Interest is 0.40085993%.
SECTION 11.20 ORIGINAL CLASS B-5 FRACTIONAL INTEREST.
The Original Class B-5 Fractional Interest is 0.23054750%.
SECTION 11.21 CLOSING DATE.
The Closing Date is May 27, 1999.
SECTION 11.22 RIGHT TO PURCHASE.
The right of the Seller to purchase all of the Mortgage Loans
pursuant to Section 9.01 hereof shall be conditioned upon the Pool Scheduled
Principal Balance of the Mortgage Loans being less than $70,017,845.17 (10% of
the Cut-Off Date Aggregate Principal Balance) at the time of any such purchase.
SECTION 11.23 WIRE TRANSFER ELIGIBILITY.
With respect to the Class A (other than the Class A-PO and Class A-R
Certificates) and the Class B Certificates, the minimum Denomination eligible
for wire transfer on each Distribution Date is $500,000. With respect to the
Class A-PO Certificates, the minimum Denomination eligible for wire transfer on
each Distribution Date is 100% Percentage Interest. The Class A-R Certificate is
not eligible for wire transfer.
SECTION 11.24 SINGLE CERTIFICATE.
A Single Certificate for each Class of Class A Certificates (other
than the Class A-3, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13,
Class A-14, Class A-PO and Class A-R Certificates) and each Class of the Class B
Certificates (other than the Class B-4, Class B-5 and Class B-6 Certificates)
represents a $100,000 Denomination. A Single Certificate for the Class A-3,
Class A-9, Class A-10, Class A-11, Class A-12, Class A-13 and Class A-14
Certificates represents a $1,000 Denomination. A Single Certificate for the
Class A-R Certificate represents a $100 Denomination. A Single Certificate for
the Class B-4, Class B-5 and Class B-6 Certificates represents a $250,000
Denomination. A Single Certificate for the Class A-PO Certificates represents a
$1,462,579.75 Denomination.
SECTION 11.25 SERVICING FEE RATE.
The rate used to calculate the Servicing Fee is equal to such rate
as is set forth on the Mortgage Loan Schedule with respect to a Mortgage Loan.
SECTION 11.26 MASTER SERVICING FEE RATE.
The rate used to calculate the Master Servicing Fee for each
Mortgage Loan is 0.017% per annum.
<PAGE>
IN WITNESS WHEREOF, the Seller, the Master Servicer, the Trust
Administrator and the Trustee have caused their names to be signed hereto by
their respective officers thereunto duly authorized, all as of the day and year
first above written.
NORWEST ASSET SECURITIES
CORPORATION
as Seller
By:
------------------------------
Name: Alan S. McKenney
Title: Vice President
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
as Master Servicer
By:
------------------------------
Name: Nancy E. Burgess
Title: Vice President
FIRST UNION NATIONAL BANK
as Trust Administrator
By:
------------------------------
Name
Title:
Attest:
By:_________________________
Name:_______________________
Title:______________________
UNITED STATES TRUST COMPANY
OF NEW YORK
as Trustee
By:
------------------------------
Name
Title:
<PAGE>
STATE OF MARYLAND )
) ss.:
COUNTY OF FREDERICK )
On this 27th day of May, 1999, before me, a notary public in and for
the State of Maryland, personally appeared Alan S. McKenney, known to me who,
being by me duly sworn, did depose and say that he resides at McLean, Virginia;
that he is a Vice President of Norwest Asset Securities Corporation, a Delaware
corporation, one of the parties that executed the foregoing instrument; and that
he signed his name thereto by order of the Board of Directors of said
corporation.
- ------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF MARYLAND )
) ss.:
COUNTY OF FREDERICK )
On this 27th day of May, 1999, before me, a notary public in and for
the State of Maryland, personally appeared Nancy E. Burgess, known to me who,
being by me duly sworn, did depose and say that she resides at Frederick,
Maryland; that she is a Vice President of Norwest Bank Minnesota, National
Association, a national banking association, one of the parties that executed
the foregoing instrument; and that she signed her name thereto by order of the
Board of Directors of said corporation.
- ------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
) ss.:
COUNTY OF )
On this 27th day of May, 1999, before me, a notary public in and for
_________________, personally appeared ___________________, known to me who,
being by me duly sworn, did depose and say that s/he resides at
_________________, _________________; that s/he is a ____________________ of
United States Trust Company of New York, a ________________, one of the parties
that executed the foregoing instrument; and that s/he signed his/her name
thereto by order of the Board of Directors of said corporation.
- ------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF NORTH CAROLINA )
) ss.:
COUNTY OF )
On this 27th day of May, 1999, before me, a notary public in and for
the State of North Carolina, personally appeared _____________________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________, North Carolina; that he is a _____________________ of First
Union National Bank, a national banking association, one of the parties that
executed the foregoing instrument; and that s/he signed his name thereto by
order of the Board of Directors of said corporation.
- ------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
EXHIBIT A-1
[FORM OF FACE OF CLASS A-1 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-1
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-1 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-1 Certificates required to be distributed to
Holders of the Class A-1 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-1 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-1 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-2
[FORM OF FACE OF CLASS A-2 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-2
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-2 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-2 Certificates required to be distributed to
Holders of the Class A-2 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-2 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-2 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-3
[FORM OF FACE OF CLASS A-3 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-3
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-3 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-3 Certificates required to be distributed to
Holders of the Class A-3 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-3 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-3 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 95.59444%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 4.44166667%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.16%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.02634804%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
A-4-4
EXHIBIT A-4
[FORM OF FACE OF CLASS A-4 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-4
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
UNTIL THE ACCRETION TERMINATION DATE, THE INTEREST THAT ACCRUES ON
THE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL NOT BE PAYABLE. BECAUSE SUCH
UNPAID INTEREST IS ADDED TO THE PRINCIPAL BALANCE OF THIS CERTIFICATE AND
BECAUSE DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE WILL BE MADE IN THE
MANNER DESCRIBED IN THE AGREEMENT (AS DEFINED HEREIN), THE OUTSTANDING PRINCIPAL
BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE MORE OR LESS THAN THE INITIAL
PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-4 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-4 Certificates required to be distributed to
Holders of the Class A-4 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-4 Certificates applicable to each Distribution Date will be 6.500% per
annum. Prior to the Accretion Termination Date, no distribution of interest on
this Certificate will be made. Prior to the Accretion Termination Date, interest
otherwise available for distribution on this Certificate will be added to the
Principal Balance of the Class A-4 Certificates on each Distribution Date. The
amount of interest which accrues on this Certificate in any month will be
subject to reduction with respect to any Non-Supported Interest Shortfall and
the interest portion of certain Realized Losses allocated to the Class A-4
Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, at an issue price of
87.39132%, including accrued interest, and a stated redemption price at maturity
equal to the sum of its initial principal balance and all interest distributions
hereon (whether current or accrued), and is issued with original issue discount
("OID") for federal income tax purposes. Assuming that this Certificate pays in
accordance with projected cash flows reflecting the prepayment assumption of
275% SPA (as defined in the Prospectus Supplement dated May 20, 1999 with
respect to the offering of the Class A Certificates (except the Class A-PO
Certificates), Class B-1, Class B-2 and Class B-3 Certificates) used to price
this Certificate: (i) the amount of OID as a percentage of the initial principal
balance of this Certificate is approximately 200.10428965%; (ii) the annual
yield to maturity of this Certificate, compounded monthly, is approximately
7.36%; and (iii) the amount of OID allocable to the short first accrual period
(May 27, 1999 to June 25, 1999) as a percentage of the initial principal balance
of this Certificate, calculated using the exact method, is approximately
0.49988620%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-5
[FORM OF FACE OF CLASS A-5 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-5
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-5 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-5 Certificates required to be distributed to
Holders of the Class A-5 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-5 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-5 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-6
[FORM OF FACE OF CLASS A-6 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-6
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-6 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-6 Certificates required to be distributed to
Holders of the Class A-6 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-6 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-6 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-7
[FORM OF FACE OF CLASS A-7 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-7
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-7 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-7 Certificates required to be distributed to
Holders of the Class A-7 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-7 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-7 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-8
[FORM OF FACE OF CLASS A-8 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-8
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-8 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-8 Certificates required to be distributed to
Holders of the Class A-8 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-8 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-8 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-9
[FORM OF FACE OF CLASS A-9 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-9
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-9 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-9 Certificates required to be distributed to
Holders of the Class A-9 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-9 Certificates applicable to each Distribution Date will be 7.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-9 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-10
[FORM OF FACE OF CLASS A-10 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-10
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-10 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-10 Certificates required to be distributed
to Holders of the Class A-10 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-10 Certificates applicable to each Distribution Date will be 7.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-10 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-11
[FORM OF FACE OF CLASS A-11 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-11
evidencing an interest in a pool of
fixed
interest rate, conventional, monthly
pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-11 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-11 Certificates required to be distributed
to Holders of the Class A-11 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-11 Certificates applicable to each Distribution Date will be 7.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-11 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-12
[FORM OF FACE OF CLASS A-12 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-12
evidencing an interest in a pool of
fixed
interest rate, conventional, monthly
pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25,
2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-12 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-12 Certificates required to be distributed
to Holders of the Class A-12 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-12 Certificates applicable to each Distribution Date will be 7.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-12 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-13
[FORM OF FACE OF CLASS A-13 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-13
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-13 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-13 Certificates required to be distributed
to Holders of the Class A-13 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-13 Certificates applicable to each Distribution Date will be 7.000% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-13 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-14
[FORM OF FACE OF CLASS A-14 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-14
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-14 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-14 Certificates required to be distributed
to Holders of the Class A-14 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-14 Certificates applicable to each Distribution Date will be 6.250% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-14 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 92.10764%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 7.92708333%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.42%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.04560772%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-15
[FORM OF FACE OF CLASS A-15 CERTIFICATE]
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-15
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: November 25, 2013
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-15 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator"), and the United States Trust Company
of New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-15 Certificates required to be distributed
to Holders of the Class A-15 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-15 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-15 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-16
[FORM OF FACE OF CLASS A-16 CERTIFICATE]
AFTER THE CROSS-OVER DATE, THE PRINCIPAL PORTION OF REALIZED LOSSES, OTHER
THAN EXCESS LOSSES, ALLOCATED TO THE CLASS A-4 CERTIFICATES WILL BE BORNE
BY THE CLASS A-16 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT EITHER (I) DELIVERED A
REPRESENTATION LETTER STATING EITHER (A) THAT THE TRANSFEREE IS NOT AN
EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO TITLE I
OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA"), OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS
AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION 3(32)
OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE
ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE
THIS CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT" OR (II)
DELIVERED AN OPINION OF COUNSEL MEETING THE REQUIREMENTS SET FORTH IN
SECTION 5.02(C)(II) OF THE POOLING AND SERVICING AGREEMENT. ANY TRANSFEREE
OF THIS CERTIFICATE THAT DOES NOT COMPLY WITH EITHER CLAUSE (I) OR (II) OF
THE PRECEEDING SENTENCE AND SUCH OTHER RESTRICTIONS AS SET FORTH IN
SECTION 5.02(C) OF THE POOLING AND SERVICING AGREEMENT WILL BE DEEMED TO
HAVE MADE ONE OF THE REPRESENTATIONS SET FORTH IN THE REPRESENTATION
LETTER ATTACHED AS EXHIBIT K TO THE POOLING AND SERVICING AGREEMENT.
<PAGE>
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY TO THE SELLER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO
CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-16
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage loans, which may
include loans secured by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No. Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced Denomination: $
by this Certificate: %
Final Scheduled Maturity Date: June 25, 2029
THIS CERTIFIES THAT ___________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-16 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans"), formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator"), and the United States Trust Company
of New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-16 Certificates required to be distributed
to Holders of the Class A-16 Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-16 Certificates applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-16 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class A-16 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trust
Administrator (i) a representation letter, in the form as described in the
Agreement, stating either (a) that the transferee is not a Plan and is not
acting on behalf of a Plan or using the assets of a Plan to effect such purchase
or (b) subject to certain conditions described in the Agreement, that the source
of funds used to purchase this Certificate is an "insurance company general
account," or (ii) if such transferee is a Plan, (a) an opinion of counsel
acceptable to and in form and substance satisfactory to the Trust Administrator
and the Seller with respect to certain matters and (b) such other documentation
as the Seller or the Master Servicer may require, as described in the Agreement.
Any transferee of this Certificate that does not comply with either clause (i)
or (ii) of the preceeding sentence will be deemed to have made one of the
representations set forth in the representation letter attached as Exhibit K to
the Pooling and Servicing Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 95.48507%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 4.55104167%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.11%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.02210818%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-PO
[FORM OF FACE OF CLASS A-PO CERTIFICATE]
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY
NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND
LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM
REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF
1974, AS AMENDED ("ERISA") OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS DEFINED IN SECTION 3(32) OF
ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A MATERIAL
EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE (COLLECTIVELY,
A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING THE ASSETS OF A PLAN.
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14 CLASS A-PO
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class A-PO Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator"), and United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-PO Certificates required to be distributed
to Holders of the Class A-PO Certificates on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. The Class A-PO
Certificates will not be entitled to distributions in respect of interest.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class A-PO Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trust Administrator or the Seller may
require the Holder to deliver an opinion of counsel acceptable to and in form
and substance satisfactory to the Trust Administrator and the Seller that such
transfer is exempt (describing the applicable exemption and the basis therefor)
from or is being made pursuant to the registration requirements of the
Securities Act of 1933, as amended, and of any applicable statute of any state.
The Holder hereof desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Trust Administrator, the Seller, the Master
Servicer, and any Paying Agent acting on behalf of the Trustee against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such Federal and state laws. In connection with any such
transfer, the Trust Administrator will also require (i) a representation letter,
in the form as described in the Agreement, stating that the transferee is not a
Plan and is not acting on behalf of a Plan or using the assets of a Plan to
effect such purchase or (ii) if such transferee is a Plan, (a) an opinion of
counsel acceptable to and in form and substance satisfactory to the Trust
Administrator and the Seller with respect to certain matters and (b) such other
documentation as the Seller or the Master Servicer may require, as described in
the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, at an issue price of
64.06250% and a stated redemption price at maturity equal to its initial
principal balance, and is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 35.93750000%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 8.56%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.42641267%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT A-R
[Form of Face of Class A-R Certificate]
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A
"RESIDUAL INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE,
BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO
CERTAIN RESTRICTIONS ON TRANSFERABILITY, AS SET FORTH IN SECTION 5.02(d) OF THE
POOLING AND SERVICING AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT
TO THE TRANSFEROR AND THE TRUST ADMINISTRATOR TO THE EFFECT THAT, AMONG OTHER
THINGS, IT IS NOT A DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE
SECTION 860E(e)(5), AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER MIDDLEMAN)
FOR A DISQUALIFIED ORGANIZATION OR A NON-PERMITTED FOREIGN HOLDER, AS DEFINED IN
SECTION 5.02(d) OF THE POOLING AND SERVICING AGREEMENT AND TO HAVE AGREED TO
SUCH AMENDMENTS TO THE POOLING AND SERVICING AGREEMENT AS MAY BE REQUIRED TO
FURTHER EFFECTUATE THE RESTRICTIONS ON TRANSFERS TO DISQUALIFIED ORGANIZATIONS,
AGENTS THEREOF OR NON-PERMITTED FOREIGN HOLDERS.
THE HOLDER OF THIS CLASS A-R CERTIFICATE, BY ACCEPTANCE HEREOF, IS
DEEMED TO HAVE AGREED TO THE DESIGNATION OF THE MASTER SERVICER AS ITS AGENT TO
ACT AS "TAX MATTERS PERSON" OF THE REMIC TO PERFORM THE FUNCTIONS OF A "TAX
MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63 OF SUBTITLE F OF THE
CODE, OR, IF SO REQUESTED BY THE MASTER SERVICER, TO ACT AS TAX MATTERS PERSON
OF THE REMIC.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
PERSON WHICH IS AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT
TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
("ERISA"), OR SECTION 4975 OF THE CODE OR A GOVERNMENTAL PLAN, AS DEFINED IN
SECTION 3(32) OF ERISA SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW WHICH IS, TO A
MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE
(COLLECTIVELY, A "PLAN"), OR ANY PERSON ACTING ON BEHALF OF OR INVESTING THE
ASSETS OF A PLAN.
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS A-R
evidencing an interest in a pool of fixed
interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to
four-family residential mortgage
loans, which may include loans secured
by shares issued by
cooperative housing corporations, sold by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $100.00
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT __________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holder of the Class A-R Certificate with respect to a Trust
Estate consisting of a pool of fixed interest rate, conventional, monthly pay,
fully amortizing, first lien, one- to four-family residential mortgage loans,
other than the Fixed Retained Yield, if any, with respect thereto, and which may
include loans secured by shares issued by cooperative housing corporations (the
"Mortgage Loans"), formed by Norwest Asset Securities Corporation (hereinafter
called the "Seller", which term includes any successor entity under the
Agreement referred to below). The Trust Estate was created pursuant to a Pooling
and Servicing Agreement dated as of May 27, 1999 (the "Agreement") among the
Seller, Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer"), First Union National Bank, as trust administrator (the
"Trust Administrator") and the United States Trust Company of New York, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of
which is set forth hereinafter. To the extent not defined herein, the
capitalized terms used herein have the meanings ascribed to such terms in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and the Class A
Distribution Amount for the Class A-R Certificate required to be distributed to
the Holder of the Class A-R Certificate on such Distribution Date, subject to
adjustment in certain events as specified in the Agreement. Distributions in
reduction of the Principal Balance of certain Classes of Class A Certificates
may not commence on the first Distribution Date specified above. Distributions
of principal will be allocated among the Classes of Class A Certificates in
accordance with the provisions of the Agreement. The pass-through rate on the
Class A-R Certificate applicable to each Distribution Date will be 6.500% per
annum. The amount of interest which accrues on this Certificate in any month
will be subject to reduction with respect to any Non-Supported Interest
Shortfall and the interest portion of certain Realized Losses allocated to the
Class A-R Certificate, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon
presentation and surrender of this Certificate at the office or agency specified
by the Trust Administrator for that purpose in the notice of final distribution.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-1
[FORM OF FACE OF CLASS B-1 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS
A CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED
TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
EITHER (A) THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS
DEFINED IN SECTION 3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
WHICH IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR
THE CODE (COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING
THE ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS B-1
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-1 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates as specified in the Agreement, any
Class B-1 Distribution Amount required to be distributed to Holders of the Class
B-1 Certificates on such Distribution Date, subject to adjustment, in certain
events, as specified in the Agreement. The pass-through rate on the Class B-1
Certificates applicable to each Distribution Date will be 6.500% per annum. The
amount of interest which accrues on this Certificate in any month will be
subject to reduction with respect to any Non-Supported Interest Shortfall and
the interest portion of certain Realized Losses allocated to the Class B-1
Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class B-1 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trust
Administrator (i) a representation letter, in the form as described in the
Agreement, stating either (a) that the transferee is not a Plan and is not
acting on behalf of a Plan or using the assets of a Plan to effect such purchase
or (b) subject to certain conditions described in the Agreement, that the source
of funds used to purchase this Certificate is an "insurance company general
account," or (ii) if such transferee is a Plan, (a) an opinion of counsel
acceptable to and in form and substance satisfactory to the Trust Administrator
and the Seller with respect to certain matters and (b) such other documentation
as the Seller or the Master Servicer may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 96.40694%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 3.62916667%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.00%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.01950966%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-2
[FORM OF FACE OF CLASS B-2 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS
A CERTIFICATES AND THE CLASS B-1 CERTIFICATES AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
EITHER (A) THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS
DEFINED IN SECTION 3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
WHICH IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR
THE CODE (COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING
THE ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS B-2
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-2 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-2 Distribution Amount required to be distributed to
Holders of the Class B-2 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-2 Certificates applicable to each Distribution Date will be
6.500% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-2 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class B-2 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trust
Administrator (i) a representation letter, in the form as described in the
Agreement, stating either (a) that the transferee is not a Plan and is not
acting on behalf of a Plan or using the assets of a Plan to effect such purchase
or (b) subject to certain conditions described in the Agreement, that the source
of funds used to purchase this Certificate is an "insurance company general
account," or (ii) if such transferee is a Plan, (a) an opinion of counsel
acceptable to and in form and substance satisfactory to the Trust Administrator
and the Seller with respect to certain matters and (b) such other documentation
as the Seller or the Master Servicer may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 95.06319%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 4.97291667%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 7.20%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.02648595%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-3
[FORM OF FACE OF CLASS B-3 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, THE CLASS B-1 CERTIFICATES AND THE CLASS B-2 CERTIFICATES AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
EITHER (A) THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS
DEFINED IN SECTION 3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
WHICH IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR
THE CODE (COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING
THE ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS B-3
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT _______________________________ is the
registered owner of the Percentage Interest evidenced by this Certificate in
monthly distributions to the Holders of the Class B-3 Certificates with respect
to a Trust Estate consisting of a pool of fixed interest rate, conventional,
monthly pay, fully amortizing, first lien, one- to four-family residential
mortgage loans, other than the Fixed Retained Yield, if any, with respect
thereto, and which may include loans secured by shares issued by cooperative
housing corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-3 Distribution Amount required to be distributed to
Holders of the Class B-3 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-3 Certificates applicable to each Distribution Date will be
6.500% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-3 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class B-3 Certificate will be made unless the
Holder hereof desiring to make any such transfer shall deliver to the Trust
Administrator (i) a representation letter, in the form as described in the
Agreement, stating either (a) that the transferee is not a Plan and is not
acting on behalf of a Plan or using the assets of a Plan to effect such purchase
or (b) subject to certain conditions described in the Agreement, that the source
of funds used to purchase this Certificate is an "insurance company general
account," or (ii) if such transferee is a Plan, (a) an opinion of counsel
acceptable to and in form and substance satisfactory to the Trust Administrator
and the Seller with respect to certain matters and (b) such other documentation
as the Seller or the Master Servicer may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 89.14132%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 10.89479167%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 8.10%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.05578974%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-4
[FORM OF FACE OF CLASS B-4 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES AND THE
CLASS B-3 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY
NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND
LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM
REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
EITHER (A) THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS
DEFINED IN SECTION 3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
WHICH IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR
THE CODE (COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING
THE ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS B-4
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-4 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-4 Distribution Amount required to be distributed to
Holders of the Class B-4 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-4 Certificates applicable to each Distribution Date will be
6.500% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-4 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class B-4 Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trust Administrator or the Seller may
require the Holder to deliver an opinion of counsel acceptable to and in form
and substance satisfactory to the Trust Administrator and the Seller that such
transfer is exempt (describing the applicable exemption and the basis therefor)
from or is being made pursuant to the registration requirements of the
Securities Act of 1933, as amended, and of any applicable statute of any state.
The Holder hereof desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Trust Administrator, the Seller, the Master
Servicer, and any Paying Agent acting on behalf of the Trust Administrator
against any liability that may result if the transfer is not so exempt or is not
made in accordance with such Federal and state laws. In connection with any such
transfer, the Trust Administrator will also require (i) a representation letter,
in the form as described in the Agreement, stating either (a) that the
transferee is not a Plan and is not acting on behalf of a Plan or using the
assets of a Plan to effect such purchase or (b) subject to certain conditions
described in the Agreement, that the source of funds used to purchase this
Certificate is an "insurance company general account," or (ii) if such
transferee is a Plan, (a) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trust Administrator and the Seller with respect to
certain matters and (b) such other documentation as the Seller or the Master
Servicer may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 73.39132%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 26.64479167%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 10.98%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.12107229%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-5
[FORM OF FACE OF CLASS B-5 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES, THE CLASS
B-3 CERTIFICATES AND THE CLASS B-4 CERTIFICATES AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY
NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND
LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM
REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
EITHER (A) THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS
DEFINED IN SECTION 3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
WHICH IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR
THE CODE (COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING
THE ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS B-5
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-5 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-5 Distribution Amount required to be distributed to
Holders of the Class B-5 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-5 Certificates applicable to each Distribution Date will be
6.500% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-5 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class B-5 Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trust Administrator or the Seller may
require the Holder to deliver an opinion of counsel acceptable to and in form
and substance satisfactory to the Trust Administrator and the Seller that such
transfer is exempt (describing the applicable exemption and the basis therefor)
from or is being made pursuant to the registration requirements of the
Securities Act of 1933, as amended, and of any applicable statute of any state.
The Holder hereof desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Trust Administrator, the Seller, the Master
Servicer, and any Paying Agent acting on behalf of the Trust Administrator
against any liability that may result if the transfer is not so exempt or is not
made in accordance with such Federal and state laws. In connection with any such
transfer, the Trust Administrator will also require (i) a representation letter,
in the form as described in the Agreement, stating either (a) that the
transferee is not a Plan and is not acting on behalf of a Plan or using the
assets of a Plan to effect such purchase or (b) subject to certain conditions
described in the Agreement, that the source of funds used to purchase this
Certificate is an "insurance company general account," or (ii) if such
transferee is a Plan, (a) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trust Administrator and the Seller with respect to
certain matters and (b) such other documentation as the Seller or the Master
Servicer may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 53.96757%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 46.06854167%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 16.11%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.17051730%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT B-6
[FORM OF FACE OF CLASS B-6 CERTIFICATE]
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE CLASS A
CERTIFICATES, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES, THE CLASS
B-3 CERTIFICATES, THE CLASS B-4 CERTIFICATES AND THE CLASS B-5 CERTIFICATES AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY
NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND
LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM
REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN.
EXCEPT AS PROVIDED IN SECTION 5.02(C) OF THE POOLING AND SERVICING
AGREEMENT REFERRED TO HEREIN, THIS CERTIFICATE MAY NOT BE PURCHASED BY OR
TRANSFERRED TO ANY PERSON THAT HAS NOT DELIVERED A REPRESENTATION LETTER STATING
EITHER (A) THAT THE TRANSFEREE IS NOT AN EMPLOYEE BENEFIT PLAN OR OTHER
RETIREMENT ARRANGEMENT SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR A GOVERNMENTAL PLAN, AS
DEFINED IN SECTION 3(32) OF ERISA, SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW
WHICH IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR
THE CODE (COLLECTIVELY, A "PLAN"), AND IS NOT ACTING ON BEHALF OF OR INVESTING
THE ASSETS OF A PLAN OR (B) SUBJECT TO CERTAIN CONDITIONS SET FORTH IN THE
POOLING AND SERVICING AGREEMENT, THAT THE SOURCE OF FUNDS USED TO PURCHASE THIS
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT."
<PAGE>
MORTGAGE PASS-THROUGH CERTIFICATE
SERIES 1999-14, CLASS B-6
evidencing an interest in a pool of
fixed interest rate, conventional,
monthly pay, fully amortizing, first
lien, one- to four-family residential
mortgage loans, which may include
loans secured by shares issued by
cooperative housing corporations, sold
by
NORWEST ASSET SECURITIES CORPORATION
(Not an interest in or obligation of the Seller)
THIS CERTIFICATE DOES NOT EVIDENCE AN OBLIGATION OF, OR AN INTEREST
IN, THE SELLER, THE MASTER SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY
OF THEIR AFFILIATES, AND IS NOT INSURED OR GUARANTEED BY THE SELLER, THE MASTER
SERVICER, THE TRUSTEE, THE TRUST ADMINISTRATOR OR ANY OF THEIR AFFILIATES, OR BY
ANY GOVERNMENT AGENCY OR PRIVATE INSURER.
DISTRIBUTIONS IN REDUCTION OF THE PRINCIPAL BALANCE OF THIS
CERTIFICATE WILL BE MADE IN THE MANNER DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT. ACCORDINGLY, THE OUTSTANDING PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL PRINCIPAL BALANCE REPRESENTED HEREBY.
Certificate No.: Cut-Off Date: May 1, 1999
CUSIP No.: First Distribution Date: June 25, 1999
Percentage Interest evidenced by this Denomination: $
Certificate: %
Final Scheduled Maturity Date: June 25, 2029
<PAGE>
THIS CERTIFIES THAT ____________________________ is the registered
owner of the Percentage Interest evidenced by this Certificate in monthly
distributions to the Holders of the Class B-6 Certificates with respect to a
Trust Estate consisting of a pool of fixed interest rate, conventional, monthly
pay, fully amortizing, first lien, one- to four-family residential mortgage
loans, other than the Fixed Retained Yield, if any, with respect thereto, and
which may include loans secured by shares issued by cooperative housing
corporations (the "Mortgage Loans") formed by Norwest Asset Securities
Corporation (hereinafter called the "Seller", which term includes any successor
entity under the Agreement referred to below). The Trust Estate was created
pursuant to a Pooling and Servicing Agreement dated as of May 27, 1999 (the
"Agreement") among the Seller, Norwest Bank Minnesota, National Association, as
master servicer (the "Master Servicer"), First Union National Bank, as trust
administrator (the "Trust Administrator") and the United States Trust Company of
New York, as trustee (the "Trustee"), a summary of certain of the pertinent
provisions of which is set forth hereinafter. To the extent not defined herein,
the capitalized terms used herein have the meanings ascribed to such terms in
the Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made
on the 25th day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution Date"), commencing on the
first Distribution Date specified above, to the Person in whose name this
Certificate is registered at the close of business on the last Business Day of
the month preceding the month of such distribution, in an amount equal to the
product of the Percentage Interest evidenced by this Certificate and, subject to
the prior rights of the Class A Certificates and each Class of Class B
Certificates bearing a lower numerical designation as specified in the
Agreement, any Class B-6 Distribution Amount required to be distributed to
Holders of the Class B-6 Certificates on such Distribution Date, subject to
adjustment, in certain events, as specified in the Agreement. The pass-through
rate on the Class B-6 Certificates applicable to each Distribution Date will be
6.500% per annum. The amount of interest which accrues on this Certificate in
any month will be subject to reduction with respect to any Non-Supported
Interest Shortfall and the interest portion of certain Realized Losses allocated
to the Class B-6 Certificates, as described in the Agreement.
Distributions on this Certificate will be made on behalf of the
Trustee either by the Master Servicer or by a Paying Agent appointed by the
Master Servicer by check mailed to the address of the Person entitled thereto,
as such name and address shall appear on the Certificate Register, unless such
Person is entitled to receive payments by wire transfer in immediately available
funds in accordance with the Pooling and Servicing Agreement and such Person has
notified the Master Servicer pursuant to the Pooling and Servicing Agreement
that such payments are to be made by wire transfer of immediately available
funds. Notwithstanding the above, the final distribution in reduction of the
Principal Balance of this Certificate will be made after due notice of the
pendency of such distribution and only upon presentation and surrender of this
Certificate at the office or agency specified by the Trust Administrator for
that purpose in the notice of final distribution.
No transfer of a Class B-6 Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is desired
to be made by the Holder hereof, (i) the transferee will be required to execute
an investment letter in the form described in the Agreement and (ii) if such
transfer is to be made within three years from the later of (a) the date of
initial issuance of the Certificates or (b) the last date on which the Seller or
any affiliate thereof was a Holder of the Certificates proposed to be
transferred, and unless such transfer is made in reliance on Rule 144A of the
Securities Act of 1933, as amended, the Trust Administrator or the Seller may
require the Holder to deliver an opinion of counsel acceptable to and in form
and substance satisfactory to the Trust Administrator and the Seller that such
transfer is exempt (describing the applicable exemption and the basis therefor)
from or is being made pursuant to the registration requirements of the
Securities Act of 1933, as amended, and of any applicable statute of any state.
The Holder hereof desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trustee, the Trust Administrator, the Seller, the Master
Servicer, and any Paying Agent acting on behalf of the Trust Administrator
against any liability that may result if the transfer is not so exempt or is not
made in accordance with such Federal and state laws. In connection with any such
transfer, the Trust Administrator will also require (i) a representation letter,
in the form as described in the Agreement, stating either (a) that the
transferee is not a Plan and is not acting on behalf of a Plan or using the
assets of a Plan to effect such purchase or (b) subject to certain conditions
described in the Agreement, that the source of funds used to purchase this
Certificate is an "insurance company general account," or (ii) if such
transferee is a Plan, (a) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trust Administrator and the Seller with respect to
certain matters and (b) such other documentation as the Seller or the Master
Servicer may require, as described in the Agreement.
Reference is hereby made to the further provisions of this
Certificate set forth on the reverse hereof, which further provisions shall for
all purposes have the same effect as if set forth at this place.
This Certificate is issued on May 27, 1999, and based on its issue
price of 22.96944%, including accrued interest, and a stated redemption price at
maturity equal to its initial principal balance (plus 2 days of interest at the
pass-through rate hereon), is issued with original issue discount ("OID") for
federal income tax purposes. Assuming that this Certificate pays in accordance
with projected cash flows reflecting the prepayment assumption of 275% SPA (as
defined in the Prospectus Supplement dated May 20, 1999 with respect to the
offering of the Class A Certificates (except the Class A-PO Certificates), Class
B-1, Class B-2 and Class B-3 Certificates) used to price this Certificate: (i)
the amount of OID as a percentage of the initial principal balance of this
Certificate is approximately 77.06666667%; (ii) the annual yield to maturity of
this Certificate, compounded monthly, is approximately 36.39%; and (iii) the
amount of OID allocable to the short first accrual period (May 27, 1999 to June
25, 1999) as a percentage of the initial principal balance of this Certificate,
calculated using the exact method, is approximately 0.14386839%.
This Certificate constitutes a "regular interest" in a "real estate
mortgage investment conduit" as those terms are defined in Section 860G(a)(1)
and Section 860D, respectively, of the Internal Revenue Code of 1986, as
amended.
Unless this Certificate has been countersigned by an authorized
officer of the Trust Administrator, by manual signature, this Certificate shall
not be entitled to any benefit under the Agreement or be valid for any purpose.
<PAGE>
IN WITNESS WHEREOF, the Trust Administrator has caused this
Certificate to be duly executed as of the date set forth below.
Dated:
First Union National Bank,
Trust Administrator
By ____________________________
Authorized Officer
Countersigned:
First Union National Bank,
Trust Administrator
By ________________________
Authorized Officer
<PAGE>
EXHIBIT C
[Form of Reverse of Series 1999-14 Certificates]
NORWEST ASSET SECURITIES CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-14
This Certificate is one of a duly authorized issue of Certificates
issued in several Classes designated as Mortgage Pass-Through Certificates of
the Series specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain
collections and recoveries respecting the Mortgage Loans, all as more
specifically set forth herein and in the Agreement. In the event funds are
advanced with respect to any Mortgage Loan by a Servicer, the Master Servicer or
the Trust Administrator, such advances are reimbursable to such Servicer, the
Master Servicer or the Trust Administrator to the extent provided in the
Agreement, from related recoveries on such Mortgage Loan or from other cash that
would have been distributable to Certificateholders.
As provided in the Agreement, withdrawals from the Certificate
Account created for the benefit of Certificateholders may be made by the Master
Servicer from time to time for purposes other than distributions to
Certificateholders, such purposes including reimbursement to a Servicer, the
Master Servicer or the Trust Administrator, as applicable, of advances made by
such Servicer, the Master Servicer or the Trust Administrator.
The Agreement permits, with certain exceptions therein provided, the
amendment of the Agreement and the modification of the rights and obligations of
the Seller, the Master Servicer, the Trust Administrator and the Trustee and the
rights of the Certificateholders under the Agreement at any time by the Seller,
the Master Servicer, the Trust Administrator and the Trustee with the consent of
the Holders of Certificates evidencing in the aggregate not less than 66 2/3% of
the Voting Interests of each Class of Certificates affected thereby. Any such
consent by the Holder of this Certificate shall be conclusive and binding on
such Holder and upon all future holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange hereof or in lieu
hereof whether or not notation of such consent is made upon the Certificate. The
Agreement also permits the amendment thereof in certain circumstances without
the consent of the Holders of any of the Certificates.
As provided in the Agreement and subject to certain limitations
therein set forth, the transfer of this Certificate is registrable in the
Certificate Register upon surrender of this Certificate for registration of
transfer at the office or agency appointed by the Trust Administrator, duly
endorsed by, or accompanied by an assignment in the form below or other written
instrument of transfer in form satisfactory to the Trust Administrator and the
Certificate Registrar, duly executed by the Holder hereof or such Holder's
attorney duly authorized in writing, and thereupon one or more new Certificates
of authorized Denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates
without coupons in Classes and Denominations specified in the Agreement. As
provided in the Agreement and subject to certain limitations therein set forth,
Certificates are exchangeable for new Certificates of authorized Denominations
evidencing the same Class and aggregate Percentage Interest, as requested by the
Holder surrendering the same.
No service charge will be made for any such registration of transfer
or exchange, but the Trust Administrator or the Certificate Registrar may
require payment of a sum sufficient to cover any tax or other governmental
charge payable in connection therewith.
The Seller, the Master Servicer, the Trust Administrator, the
Trustee and the Certificate Registrar, and any agent of the Seller, the Master
Servicer, the Trust Administrator, the Trustee or the Certificate Registrar, may
treat the Person in whose name this Certificate is registered as the owner
hereof for all purposes, and neither the Seller, the Master Servicer, the Trust
Administrator, the Trustee, the Certificate Registrar nor any such agent shall
be affected by notice to the contrary.
The obligations created by the Agreement in respect of the
Certificates and the Trust Estate created thereby shall terminate upon the last
action required to be taken by the Trust Administrator on the Final Distribution
Date pursuant to the Agreement following the earlier of (i) the payment or other
liquidation (or advance with respect thereto) of the last Mortgage Loan subject
thereto or the disposition of all property acquired upon foreclosure or deed in
lieu of foreclosure of any Mortgage Loan, and (ii) the purchase by the Seller
from the Trust Estate of all remaining Mortgage Loans and all property acquired
in respect of such Mortgage Loans; provided, however, that the Trust Estate will
in no event continue beyond the expiration of 21 years from the death of the
last survivor of the descendants of Joseph P. Kennedy, the late ambassador of
the United States to the Court of St. James, living on the date of the
Agreement. The Agreement permits, but does not require, the Seller to purchase
all remaining Mortgage Loans and all property acquired in respect of any
Mortgage Loan at a price determined as provided in the Agreement. The exercise
of such option will effect early retirement of the Certificates, the Seller's
right to exercise such option being subject to the Pool Scheduled Principal
Balance of the Mortgage Loans as of the Distribution Date upon which the
proceeds of such repurchase are distributed being less than ten percent of the
Cut-Off Date Aggregate Principal Balance.
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto ___________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
(Please print or typewrite name and address including postal zip
code of assignee)
the beneficial interest evidenced by the within Mortgage Pass-Through
Certificate and hereby authorizes the transfer of registration of such interest
to assignee on the Certificate Register of the Trust Estate.
I (We) further direct the Certificate Registrar to issue a new
Certificate of a like Denomination or Percentage Interest and Class, to the
above named assignee and deliver such Certificate to the following address:
________________________________________________________________________________
________________________________________________________________________________
Social Security or other Identifying Number of Assignee:
________________________________________________________________________________
Dated:
-----------------------------------
Signature by or on behalf of
assignor
-----------------------------------
Signature Guaranteed
<PAGE>
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of
distribution:
Distributions shall be made, if the assignee is eligible to
receive distributions in immediately available funds, by wire transfer or
otherwise, in immediately available funds to
_________________________________________________________________ for the
account of _______________________________________________ account number
_____________, or, if mailed by check, to
_______________________________________________________. Applicable
statements should be mailed to _______________________________________________
______________________________________________________________________________
This information is provided by ____________________, the assignee
named above, or ___________________________________, as its agent.
<PAGE>
EXHIBIT D
RESERVED
<PAGE>
EXHIBIT E
CUSTODIAL AGREEMENT
THIS CUSTODIAL AGREEMENT (as amended and supplemented from time to
time, the "Agreement"), dated as of _____________, by and among FIRST UNION
NATIONAL BANK, not individually, but solely as Trust Administrator (including
its successors under the Pooling and Servicing Agreement defined below, the
"Trust Administrator"), NORWEST ASSET SECURITIES CORPORATION (together with any
successor in interest, the "Seller"), NORWEST BANK MINNESOTA, NATIONAL
ASSOCIATION (together with any successor in interest or successor under the
Pooling and Servicing Agreement referred to below, the "Master Servicer") and
___________________________ (together with any successor in interest or any
successor appointed hereunder, the "Custodian").
W I T N E S S E T H
WHEREAS, the Seller, the Master Servicer, the Trust Administrator
and United States Trust Company of New York, as trustee, have entered into a
Pooling and Servicing Agreement dated as of May 27, 1999 relating to the
issuance of Mortgage Pass-Through Certificates, Series 1999-14 (as in effect on
the date of this Agreement, the "Original Pooling and Servicing Agreement", and
as amended and supplemented from time to time, the "Pooling and Servicing
Agreement"); and
WHEREAS, the Custodian has agreed to act as agent for the Trust
Administrator for the purposes of receiving and holding certain documents and
other instruments delivered by the Seller under the Pooling and Servicing
Agreement, all upon the terms and conditions and subject to the limitations
hereinafter set forth;
NOW, THEREFORE, in consideration of the premises and the mutual
covenants and agreements hereinafter set forth, the Trust Administrator, the
Seller, the Master Servicer and the Custodian hereby agree as follows:
ARTICLE I
DEFINITIONS
Capitalized terms used in this Agreement and not defined herein
shall have the meanings assigned in the Original Pooling and Servicing
Agreement, unless otherwise required by the context herein.
ARTICLE II
CUSTODY OF MORTGAGE DOCUMENTS
Section 2.1 Custodian to Act as Agent; Acceptance of Custodial
Files. The Custodian, as the duly appointed agent of the Trust Administrator for
these purposes, acknowledges receipt of the Mortgage Notes, the Mortgages, the
assignments and other documents relating to the Mortgage Loans identified on the
schedule attached hereto and declares that it holds and will hold such Mortgage
Notes, Mortgages, assignments and other documents and any similar documents
received by the Trust Administrator subsequent to the date hereof (the
"Custodial Files") as agent for the Trust Administrator, in trust, for the use
and benefit of all present and future Certificateholders.
Section 2.2 Recordation of Assignments. If any Custodial File
includes one or more assignments to the Trust Administrator of Mortgage Notes
and related Mortgages that have not been recorded, each such assignment shall be
delivered by the Custodian to the Seller for the purpose of recording it in the
appropriate public office for real property records, and the Seller, at no
expense to the Custodian, shall promptly cause to be recorded in the appropriate
public office for real property records each such assignment and, upon receipt
thereof from such public office, shall return each such assignment to the
Custodian.
Section 2.3 Review of Custodial Files. The Custodian agrees, for the
benefit of Certificateholders, to review, in accordance with the provisions of
Section 2.01 of the Pooling and Servicing Agreement, each Custodial File. If in
performing the review required by this Section 2.3 the Custodian finds any
document or documents constituting a part of a Custodial File to be missing or
defective in any material respect, the Custodian shall promptly so notify the
Seller, the Master Servicer and the Trust Administrator.
Section 2.4 Notification of Breaches of Representations and
Warranties. Upon discovery by the Custodian of a breach of any representation or
warranty made by the Seller or the Master Servicer as set forth in the Pooling
and Servicing Agreement, the Custodian shall give prompt written notice to the
Seller, the Master Servicer and the Trust Administrator.
Section 2.5 Custodian to Cooperate; Release of Custodial Files. Upon
the payment in full of any Mortgage Loan, or the receipt by the Master Servicer
of a notification that payment in full will be escrowed in a manner customary
for such purposes, the Master Servicer shall immediately notify the Custodian by
a certification (which certification shall include a statement to the effect
that all amounts received or to be received in connection with such payment
which are required to be deposited in the Certificate Account pursuant to
Section 3.02 of the Pooling and Servicing Agreement have been or will be so
deposited) of a Servicing Officer and shall request delivery to it of the
Custodial File. The Custodian agrees, upon receipt of such certification and
request, promptly to release the related Custodial File to the Master Servicer.
From time to time as is appropriate for the servicing or foreclosure
of any Mortgage Loan, the Master Servicer shall deliver to the Custodian a
certificate of a Servicing Officer requesting that possession of all, or any
document constituting part of, the Custodial File be released to the Master
Servicer and certifying as to the reason for such release and that such release
will not invalidate any insurance coverage provided in respect of the Mortgage
Loan. With such certificate, the Master Servicer shall deliver to the Custodian
a receipt signed by a Servicing Officer on behalf of the Master Servicer, and
upon receipt of the foregoing, the Custodian shall deliver the Custodial File or
such document to the Master Servicer. The Master Servicer shall cause each
Custodial File or any document therein so released to be returned to the
Custodian when the need therefor by the Master Servicer no longer exists, unless
(i) the Mortgage Loan has been liquidated and the Liquidation Proceeds relating
to the Mortgage Loan have been deposited in the Certificate Account to the
extent required by the Pooling and Servicing Agreement or (ii) the Custodial
File or such document has been delivered to an attorney, or to a public trustee
or other public official as required by law, for purposes of initiating or
pursuing legal action or other proceedings for the foreclosure of the Mortgaged
Property either judicially or non-judicially, and the Master Servicer has
delivered to the Custodian a certificate of a Servicing Officer certifying as to
the name and address of the Person to which such Custodial File or such document
were delivered and the purpose or purposes of such delivery. In the event of the
liquidation of a Mortgage Loan, the Custodian shall deliver such receipt with
respect thereto to the Master Servicer upon deposit of the related Liquidation
Proceeds in the Certificate Account to the extent required by the Pooling and
Servicing Agreement.
Section 2.6 Assumption Agreements. In the event that any assumption
agreement or substitution of liability agreement is entered into with respect to
any Mortgage Loan subject to this Agreement in accordance with the terms and
provisions of the Pooling and Servicing Agreement, the Master Servicer shall
notify the Custodian that such assumption or substitution agreement has been
completed by forwarding to the Custodian the original of such assumption or
substitution agreement, which copy shall be added to the related Custodial File
and, for all purposes, shall be considered a part of such Custodial File to the
same extent as all other documents and instruments constituting parts thereof.
ARTICLE III
CONCERNING THE CUSTODIAN
Section 3.1 Custodian a Bailee and Agent of the Trust Administrator.
With respect to each Mortgage Note, Mortgage and other documents constituting
each Custodian File which are delivered to the Custodian, the Custodian is
exclusively the bailee and agent of the Trust Administrator, holds such
documents for the benefit of Certificateholders and undertakes to perform such
duties and only such duties as are specifically set forth in this Agreement.
Except upon compliance with the provisions of Section 2.5 of this Agreement, no
Mortgage Note, Mortgage or other document constituting a part of a Custodial
File shall be delivered by the Custodian to the Seller or the Master Servicer or
otherwise released from the possession of the Custodian.
Section 3.2 Indemnification. The Seller hereby agrees to indemnify
and hold the Custodian harmless from and against all claims, liabilities,
losses, actions, suits or proceedings at law or in equity, or any other
expenses, fees or charges of any character or nature, which the Custodian may
incur or with which the Custodian may be threatened by reasons of its acting as
custodian under this Agreement, including indemnification of the Custodian
against any and all expenses, including attorney's fees if counsel for the
Custodian has been approved by the Seller, and the cost of defending any action,
suit or proceedings or resisting any claim. Notwithstanding the foregoing, it is
specifically understood and agreed that in the event any such claim, liability,
loss, action, suit or proceeding or other expense, fees, or charge shall have
been caused by reason of any negligent act, negligent failure to act, or willful
misconduct on the part of the Custodian, or which shall constitute a willful
breach of its duties hereunder, the indemnification provisions of this Agreement
shall not apply.
Section 3.3 Custodian May Own Certificates. The Custodian in its
individual or any other capacity may become the owner or pledgee of Certificates
with the same rights it would have if it were not Custodian.
Section 3.4 Master Servicer to Pay Custodian's Fees and Expenses.
The Master Servicer covenants and agrees to pay to the Custodian from time to
time, and the Custodian shall be entitled to, reasonable compensation for all
services rendered by it in the exercise and performance of any of the powers and
duties hereunder of the Custodian, and the Master Servicer will pay or reimburse
the Custodian upon its request for all reasonable expenses, disbursements and
advances incurred or made by the Custodian in accordance with any of the
provisions of this Agreement (including the reasonable compensation and the
expenses and disbursements of its counsel and of all persons not regularly in
its employ), except any such expense, disbursement or advance as may arise from
its negligence or bad faith.
Section 3.5 Custodian May Resign; Trust Administrator May Remove
Custodian. The Custodian may resign from the obligations and duties hereby
imposed upon it as such obligations and duties relate to its acting as Custodian
of the Mortgage Loans. Upon receiving such notice of resignation, the Trust
Administrator shall either take custody of the Custodial Files itself and give
prompt notice thereof to the Seller, the Master Servicer and the Custodian or
promptly appoint a successor Custodian by written instrument, in duplicate, one
copy of which instrument shall be delivered to the resigning Custodian and one
copy to the successor Custodian. If the Trust Administrator shall not have taken
custody of the Custodial Files and no successor Custodian shall have been so
appointed and have accepted resignation, the resigning Custodian may petition
any court of competent jurisdiction for the appointment of a successor
Custodian.
The Trust Administrator may remove the Custodian at any time. In
such event, the Trust Administrator shall appoint, or petition a court of
competent jurisdiction to appoint, a successor Custodian hereunder. Any
successor Custodian shall be a depository institution subject to supervision or
examination by federal or state authority and shall be able to satisfy the other
requirements contained in Section 3.7.
Any resignation or removal of the Custodian and appointment of a
successor Custodian pursuant to any of the provisions of this Section 3.5 shall
become effective upon acceptance of appointment by the successor Custodian. The
Trust Administrator shall give prompt notice to the Seller and the Master
Servicer of the appointment of any successor Custodian. No successor Custodian
shall have been appointed and accepted appointment by the Trust Administrator
without the prior approval of the Seller and the Master Servicer.
Section 3.6 Merger or Consolidation of Custodian. Any Person into
which the Custodian may be merged or converted or with which it may be
consolidated, or any Person resulting from any merger, conversion or
consolidation to which the Custodian shall be a party, or any Person succeeding
to the business of the Custodian, shall be the successor of the Custodian
hereunder, without the execution or filing of any paper or any further act on
the part of any of the parties hereto, anything herein to the contrary
notwithstanding.
Section 3.7 Representations of the Custodian. The Custodian hereby
represents that it is a depository institution subject to supervision or
examination by a federal or state authority, has a combined capital and surplus
of at least $10,000,000 and is qualified to do business in the jurisdiction in
which it will hold any Custodian File.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.1 Notices. All notices, requests, consents and demands and
other communications required under this Agreement or pursuant to any other
instrument or document delivered hereunder shall be in writing and, unless
otherwise specifically provided, may be delivered personally, by telegram or
telex, or by registered or certified mail, postage prepaid, return receipt
requested, at the addresses specified on the signature page hereof (unless
changed by the particular party whose address is stated herein by similar notice
in writing), in which case the notice will be deemed delivered when received.
Section 4.2 Amendments. No modification or amendment of or
supplement to this Agreement shall be valid or effective unless the same is in
writing and signed by all parties hereto, and neither the Seller, the Master
Servicer nor the Trust Administrator shall enter into any amendment hereof
except as permitted by the Pooling and Servicing Agreement. The Trust
Administrator shall give prompt notice to the Custodian of any amendment or
supplement to the Pooling and Servicing Agreement and furnish the Custodian with
written copies thereof.
SECTION 4.3 GOVERNING LAW. THIS AGREEMENT SHALL BE DEEMED A CONTRACT
MADE UNDER THE LAWS OF THE STATE OF NEW YORK AND SHALL BE CONSTRUED AND ENFORCED
IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. Section
4.4 Recordation of Agreement. To the extent permitted by applicable
law, this Agreement is subject to recordation in all appropriate public offices
for real property records in all the counties or other comparable jurisdictions
in which any or all of the properties subject to the Mortgages are situated, and
in any other appropriate public recording office or elsewhere, such recordation
to be effected by the Master Servicer and at its expense on direction by the
Trust Administrator, but only upon direction accompanied by an Opinion of
Counsel to the effect that such recordation materially and beneficially affects
the interests of the Certificateholders.
For the purpose of facilitating the recordation of this Agreement as
herein provided and for other purposes, this Agreement may be executed
simultaneously in any number of counterparts, each of which counterparts shall
be deemed to be an original, and such counterparts shall constitute but one and
the same instrument.
Section 4.5 Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement or of the Certificates
or the rights of the holders thereof.
<PAGE>
IN WITNESS WHEREOF, this Agreement is executed as of the date first
above written.
Address: FIRST UNION NATIONAL BANK
230 South Tryon Street By:__________________________________
Charlotte, North Carolina, 28288 Name:________________________________
Title:_______________________________
Address: NORWEST ASSET SECURITIES
CORPORATION
7485 New Horizon Way
Frederick, Maryland 21703 By:__________________________________
Name:________________________________
Title:_______________________________
Address: NORWEST BANK MINNESOTA, NATIONAL
ASSOCIATION
7485 New Horizon Way
Frederick, Maryland 21703 By:__________________________________
Name:________________________________
Title:_______________________________
Address: [CUSTODIAN]
By:__________________________________
Name:________________________________
Title:_______________________________
<PAGE>
STATE OF )
: ss.:
COUNTY OF )
On this ____ day of _________, 19__, before me, a notary public in
and for the State of ____________, personally appeared _______________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the __________ of Norwest Asset
Securities Corporation a Delaware corporation, one of the parties that executed
the foregoing instrument; and that he signed his name thereto by order of the
Board of Directors of said corporation.
---------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
: ss.:
COUNTY OF )
On this ____ day of _________, 19__, before me, a notary public in
and for the State of ____________, personally appeared _______________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the __________ of Norwest Bank Minnesota,
National Association, a national banking association, one of the parties that
executed the foregoing instrument; and that he signed his name thereto by order
of the Board of Directors of said corporation.
---------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
: ss.:
COUNTY OF )
On this ___ day of ________, 19__, before me, a notary public in and
for the State of ____________, personally appeared __________ _________, known
to me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the ____________________ of First Union
National Bank, a national banking association, one of the parties that executed
the foregoing instrument; and that he signed his name thereto by order of the
Board of Directors of said association.
---------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
STATE OF )
: ss.:
COUNTY OF )
On this ____ day of ________, 19 , before me, a notary public in and
for the State of __________, personally appeared __________ __________, known to
me who, being by me duly sworn, did depose and say that he resides at
__________________________; that he is the _______________________ of
______________________, a _________________________, one of the parties that
executed the foregoing instrument; and that he signed his name thereto by order
of the Board of Directors of said association.
---------------------------------
Notary Public
[NOTARIAL SEAL]
<PAGE>
EXHIBIT F-1
[Schedule of Mortgage Loans Serviced by Norwest Mortgage
from locations other than Frederick, Maryland]
NASCOR
NMI / 1999-14 Exhibit F-1
30 YEAR FIXED RATE NON RELOCATION LOANS
<TABLE>
<CAPTION>
(i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix)
- ----- ----------------- ----- ---------- --------- -------- ---------- -------- ---------- --------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NET CUT-OFF
MORTGAGE MORTGAGE MORTGAGE CURRENT ORIGINAL SCHEDULED DATE
LOAN ZIP PROPERTY INTEREST INTEREST MONTHLY TERM TO MATURITY PRINCIPAL
NUMBER CITY STATE CODE TYPE RATE RATE PAYMENT MATURITY DATE BALANCE
- -------- ----------------- ------ --------- --------- -------- ---------- -------- ---------- --------------
6314494 DENVER CO 80206 SFD 7.125 6.500 $5,726.61 360 1-Apr-29 $849,320.27
6324483 CANTON GA 30115 SFD 7.250 6.500 $3,022.04 360 1-Apr-29 $442,654.42
7515843 RENO NV 89509 SFD 7.625 6.500 $2,831.18 360 1-Jan-29 $397,905.25
$1,689,879.94
</TABLE>
Table (continued)
(i) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi)
- ----- -------- -------- --------- --------- -------- ------------------
MORTGAGE MORTGAGE T.O.P. MASTER FIXED
LOAN INSURANCE SERVICE MORTGAGE SERVICE RETAINED
NUMBER LTV SUBSIDY CODE FEE LOAN FEE YIELD
- -------- -------- -------- --------- --------- -------- -----------------
6314494 65.38 0.250 0.017 0.358
6324483 79.11 0.250 0.017 0.483
7515843 80.00 0.250 0.017 0.858
COUNT: 3
WAC: 7.275474848
WAM: 358.2936091
WALTV: 72.4189734
<PAGE>
EXHIBIT F-2
[Schedule of Mortgage Loans Serviced by Norwest Mortgage in Frederick,
Maryland]
NASCOR
NMI / 1999-14 Exhibit F-2
30 YEAR FIXED RATE NON RELOCATION LOANS
<TABLE>
<CAPTION>
(i) (ii) (iii) (iv) (v) (vi) (vii)
- ----- --------------------- ----- -------- ------ --------- -------- ---------- ----------
NET
MORTGAGE MORTGAGE MORTGAGE CURRENT ORIGINAL
LOAN ZIP PROPERTY INTEREST INTEREST MONTHLY TERM TO
NUMBER CITY STATE CODE TYPE RATE RATE PAYMENT MATURITY
- -------- --------------------- ----- --------- ------- --------- -------- ---------- -----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
4737419 SHERWOOD AR 72120 SFD 7.50 6.500 $ 1,730.56 360
4760024 MCCALL ID 83638 SFD 7.38 6.500 $ 3,453.38 360
4774946 OAKDALE CA 95361 SFD 7.63 6.500 $ 2,127.63 360
4793472 PORT WASHINGTON NY 11050 SFD 7.50 6.500 $ 3,156.95 360
4825390 ELKHORN NE 68022 SFD 6.88 6.500 $ 1,905.09 360
4847542 MEDWAY MA 02053 SFD 7.13 6.500 $ 1,918.42 360
4850330 LAS VEGAS NV 89113 SFD 6.88 6.500 $ 2,299.25 360
4856960 PHILLIPSBURG NJ 08865 SFD 7.00 6.500 $ 1,610.04 360
4860029 BOERNE TX 78006 SFD 7.75 6.500 $ 3,582.07 360
4861677 FL LAUDERDALE FL 33304 SFD 7.75 6.500 $ 1,647.75 360
4862345 ALISO VIEJO CA 92656 SFD 7.13 6.500 $ 3,154.02 360
4874033 CARMEL IN 46033 SFD 6.88 6.500 $ 2,791.95 360
4901293 CLAYTON CA 94517 SFD 7.25 6.500 $ 1,947.61 360
4902206 SAN JOSE CA 95138 SFD 7.38 6.500 $ 3,923.04 360
4903271 DOVE CANYON CA 92679 SFD 7.00 6.500 $ 1,708.50 360
4903377 NEW YORK NY 10019 HCO 7.38 6.500 $ 3,121.86 360
4912651 FREMONT CA 94536 SFD 7.00 6.500 $ 2,607.99 360
4913373 LOWER GWYNEDD PA 19002 SFD 6.38 6.108 $ 2,183.55 360
4914037 HUNTINGTON BEACH CA 92648 SFD 6.75 6.483 $ 2,086.86 360
4915009 MIAMI FL 33143 HCO 7.88 6.500 $ 314.69 360
4920252 MEDWAY MA 02053 SFD 7.13 6.500 $ 1,664.08 360
4922030 BURNSVILLE NC 28714 LCO 7.25 6.500 $ 1,945.57 360
4925288 HOLMDEL NJ 07733 LCO 7.38 6.500 $ 3,318.69 360
4934820 LAS FLORES CA 92688 SFD 7.00 6.500 $ 1,767.38 360
4936527 WAYNE NJ 07470 SFD 6.38 6.108 $ 1,802.98 360
4938185 SAN FRANCISCO CA 94131 SFD 7.13 6.500 $ 2,654.46 360
4938771 LOS GATOS CA 95030 SFD 7.38 6.500 $ 4,012.83 360
4939626 CHESTER NJ 07930 SFD 7.25 6.500 $ 4,434.15 360
4941270 EMERSON NJ 07630 SFD 7.50 6.500 $ 2,559.13 360
4941356 SAN ANSELMO CA 94960 SFD 7.00 6.500 $ 2,516.18 360
4945737 SANTA BARBARA CA 93105 SFD 7.13 6.500 $ 4,244.43 360
4946218 PLEASANTVILLE NY 10570 SFD 7.25 6.500 $ 2,182.97 360
4947397 LITTLETON CO 80124 SFD 6.38 6.108 $ 2,404.04 360
4947477 NEW CANAAN CT 06840 SFD 6.88 6.500 $ 1,898.53 360
4947596 NANTUCKET MA 02554 SFD 7.38 6.500 $ 1,958.07 360
4947912 CRESTON CA 93432 SFD 7.13 6.500 $ 1,354.18 360
4948066 KEARNEY NE 68847 SFD 7.13 6.500 $ 2,223.27 360
4949215 ANAHEIM CA 92808 SFD 7.13 6.500 $ 1,664.09 360
4951814 WALNUT CREEK CA 94596 SFD 7.13 6.500 $ 1,859.47 360
4952128 SAN JOSE CA 95138 SFD 6.88 6.500 $ 2,496.33 360
4953443 SAN JOSE CA 95120 SFD 6.88 6.500 $ 2,338.67 360
4953878 WATER MILL NY 11976 SFD 7.13 6.500 $ 3,772.83 360
4954207 STUDIO CITY CA 91604 SFD 7.50 6.500 $ 6,992.15 360
4954236 TULSA OK 74137 SFD 6.88 6.500 $ 2,699.98 360
4954879 CROTON ON HUDSON NY 10514 SFD 7.25 6.500 $ 3,844.75 360
4955454 ROCHESTER MA 02770 SFD 7.63 6.500 $ 1,911.05 360
4955680 SAN CLEMENTE CA 92672 SFD 7.00 6.500 $ 2,661.21 360
4956461 LA PALMA CA 90623 SFD 7.38 6.500 $ 2,050.27 360
4957040 LAKE OSWEGO OR 97035 SFD 6.88 6.500 $ 2,817.24 360
4957064 NEW YORK NY 10021 COP 6.38 6.108 $ 2,074.37 360
4957604 FOSTER CITY CA 94404 SFD 7.63 6.500 $ 3,078.91 360
4958383 DARIEN CT 06820 SFD 6.88 6.500 $ 2,348.53 360
4958634 OAK PARK IL 60302 SFD 7.13 6.500 $ 3,411.71 360
4960159 WHITE PLAINS NE 10607 SFD 7.00 6.500 $ 1,729.26 360
4960375 OKLAHOMA CITY OK 73116 SFD 7.25 6.500 $ 3,872.03 360
4960900 LEXINGTON MA 02173 SFD 7.25 6.500 $ 2,046.53 360
4961313 WESTBOROUGH MA 01581 SFD 7.00 6.500 $ 2,418.38 360
4961501 BAINBRIDGE GA 37215 SFD 6.75 6.483 $ 1,806.03 360
4961873 FORT LEE NJ 07024 SFD 7.38 6.500 $ 2,037.50 360
4961960 CUPERTINO CA 95014 SFD 7.13 6.500 $ 3,638.09 360
4962051 SUPERIOR CO 80027 SFD 6.75 6.483 $ 1,665.28 360
4962104 SIMI VALLEY CA 93065 SFD 6.88 6.500 $ 1,885.39 360
4962132 SHERMAN OAKS CA 91423 SFD 7.38 6.500 $ 3,177.11 360
4962184 FAIRFAX STATION VA 22039 SFD 6.88 6.500 $ 3,440.66 360
4962186 PORT EWEN NY 12466 SFD 6.75 6.483 $ 745.89 360
4962229 SAG HARBOR NY 11963 SFD 7.50 6.500 $ 2,328.39 360
4962291 BALTIMORE MD 21210 SFD 7.38 6.500 $ 2,659.10 360
4962543 HASTINGS MN 55033 SFD 7.13 6.500 $ 2,048.10 360
4962717 CUMBERLAND ME 04021 SFD 7.50 6.500 $ 2,244.22 360
4963018 HOLUALOA HI 96725 SFD 7.50 6.500 $ 2,657.02 360
4964004 DALLAS TX 75230 SFD 6.88 6.500 $ 1,720.50 360
4964039 HOUSTON TX 77019 SFD 7.00 6.500 $ 2,323.57 360
4964097 FORT LAUDERDALE FL 33301 SFD 7.13 6.500 $ 1,920.10 360
4964119 LOVELAND OH 45140 SFD 7.13 6.500 $ 1,751.67 360
4964279 ROWAYTON CT 06853 SFD 7.00 6.500 $ 2,395.09 360
4964611 GARLAND TX 75044 SFD 7.00 6.500 $ 1,880.95 360
4964624 ALPHARETTA GA 30004 SFD 6.88 6.500 $ 1,799.99 360
4964677 INDIANAPOLIS IN 46256 SFD 7.00 6.500 $ 2,218.75 360
4964886 FULLERTON CA 92831 SFD 7.25 6.500 $ 2,840.59 360
4965043 PORT ST. LUCIE FL 34952 SFD 7.00 6.500 $ 1,330.60 360
4965049 PARKER CO 80134 SFD 7.00 6.500 $ 2,019.20 360
4965368 HUNTINGTON BEACH CA 92649 SFD 7.00 6.500 $ 4,011.77 360
4965474 WEST DES MOINES IA 50265 SFD 7.75 6.500 $ 1,769.54 360
4965523 FOREST HILL MD 21050 SFD 6.88 6.500 $ 1,616.05 360
4965538 WESTON CT 06883 SFD 7.00 6.500 $ 2,741.05 360
4965660 RICHMOND HILL NY 11419 MF2 7.88 6.500 $ 2,332.92 360
4965777 BRANDYWINE MD 20613 SFD 7.38 6.500 $ 2,866.30 360
4965850 SAN JOSE CA 95120 SFD 7.00 6.500 $ 2,361.83 360
4965856 NEW CANAAN CT 06430 SFD 7.00 6.500 $ 3,040.44 360
4965884 SAN DIEGO CA 92117 SFD 7.25 6.500 $ 1,841.88 360
4966463 SUNNYVALE CA 94087 SFD 7.13 6.500 $ 3,183.33 360
4966673 PLANO TX 75093 SFD 7.13 6.500 $ 4,311.80 360
4966908 COSTA MESA CA 92627 SFD 7.88 6.500 $ 2,100.89 360
4967247 ALISO VIEJO CA 92656 SFD 6.88 6.500 $ 3,267.24 360
4967307 SAN FRANCISCO CA 94127 SFD 7.25 6.500 $ 2,270.29 360
4967462 SEATTLE WA 98109 SFD 7.00 6.500 $ 1,962.65 360
4967478 PASADENA CA 91106 SFD 6.75 6.483 $ 1,900.40 360
4967699 LA JOLLA CA 92037 LCO 7.38 6.500 $ 2,762.71 360
4967705 TUPELO MS 38801 SFD 7.00 6.500 $ 2,494.88 360
4967707 IRVING TX 75038 SFD 6.88 6.500 $ 2,785.38 360
4967807 GERMANTOWN TN 38138 SFD 6.38 6.108 $ 2,874.79 360
4967833 SAN FRANCISCO CA 94107 HCO 7.25 6.500 $ 2,046.53 360
4969090 PARAMUS NJ 07652 SFD 6.88 6.500 $ 2,121.89 360
4969134 MEQUON WI 53092 SFD 6.50 6.233 $ 2,054.22 360
4969332 LEXINGTON MA 02173 SFD 7.25 6.500 $ 2,418.66 360
4969447 GALT CA 95632 SFD 6.50 6.233 $ 948.11 360
4969452 BEDFORD MA 01730 SFD 7.25 6.500 $ 2,134.53 360
4969490 SANTA MONICA CA 90402 SFD 7.25 6.500 $ 4,672.91 360
4969587 SARATOGA CA 95070 SFD 7.00 6.500 $ 2,029.18 360
4969637 CUPERTINO CA 95014 SFD 7.13 6.500 $ 3,341.65 360
4969639 DANVILLE CA 94506 SFD 7.13 6.500 $ 2,694.88 360
4969661 SOUTHPORT CT 06490 SFD 6.75 6.483 $ 2,918.69 360
4969718 SOUTH SALEM NY 10590 SFD 7.38 6.500 $ 2,227.43 360
4969834 NEVADA CITY CA 95959 SFD 6.75 6.483 $ 1,639.66 360
4970036 WAYNE NJ 07470 SFD 6.88 6.500 $ 2,102.18 360
4970050 POTOMAC MD 20854 SFD 6.50 6.233 $ 3,223.55 360
4970697 CHASKA MN 55318 SFD 7.00 6.500 $ 2,501.54 360
4970847 FREMONT CA 94539 SFD 7.38 6.500 $ 2,141.10 360
4970933 CHADDS FORD PA 19317 SFD 6.88 6.500 $ 2,299.25 360
4970999 FOSTER CITY CA 94404 SFD 7.13 6.500 $ 2,358.02 360
4971514 RICHMOND VA 23233 SFD 7.25 6.500 $ 1,033.50 360
4971548 EATON''S NECK NY 11768 SFD 7.25 6.500 $ 2,333.05 360
4971588 PLEASANTON CA 94588 SFD 7.38 6.500 $ 3,280.71 360
4971617 BALTIMORE MD 21228 SFD 7.25 6.500 $ 1,854.84 360
4971943 SAN MATEO CA 94402 SFD 7.00 6.500 $ 2,308.60 360
4971994 MISSION VIEJO CA 92691 SFD 7.50 6.500 $ 1,957.81 360
4972119 SPRINGFIELD IL 62707 SFD 7.00 6.500 $ 2,091.72 360
4972285 COLD SPRING NY 10516 SFD 7.38 6.500 $ 1,933.90 360
4972300 BOZEMAN MT 59715 SFD 7.00 6.500 $ 2,328.56 360
4972332 COTO DE CAZA CA 92679 SFD 7.38 6.500 $ 4,489.39 360
4972492 PACIFICA CA 94044 SFD 7.25 6.500 $ 1,664.51 360
4972510 PROVO UT 84601 SFD 7.38 6.500 $ 966.95 360
4972765 RONAN MT 59864 SFD 7.38 6.500 $ 4,558.46 360
4972866 OKLAHOMA CITY OK 73142 SFD 6.75 6.483 $ 3,368.41 240
4973134 FINDLAY OH 45840 SFD 7.25 6.500 $ 1,971.49 360
4973227 NEWPORT BEACH CA 92663 LCO 7.25 6.500 $ 1,357.54 360
4973478 LOS ANGELES CA 90056 SFD 7.00 6.500 $ 2,581.38 360
4973564 SIMI VALLEY CA 93065 SFD 7.38 6.500 $ 1,871.73 360
4973729 NEW CANAAN CT 06840 SFD 7.00 6.500 $ 3,160.19 360
4973764 POWAY CA 92064 SFD 6.88 6.500 $ 3,875.88 360
4973882 BROOKLYN NY 11204 LCO 7.50 6.500 $ 1,678.12 360
4974004 GREAT FALLS VA 22066 SFD 6.88 6.500 $ 1,983.93 360
4974030 WEST MILFORD NJ 07421 SFD 7.38 6.500 $ 656.15 360
4974074 WILTON CT 06897 SFD 6.63 6.358 $ 2,560.61 360
4974174 RYE NY 10580 SFD 6.88 6.500 $ 2,381.37 360
4974209 NIPOMO CA 93444 SFD 6.75 6.483 $ 4,054.39 360
4974251 SAN RAMON CA 94583 PUD 6.88 6.500 $ 2,393.85 360
4974258 SAN MATEO CA 94403 SFD 7.38 6.500 $ 2,201.53 360
4974269 MOUNTAIN VIEW CA 94041 SFD 7.00 6.500 $ 1,922.73 360
4974375 OMAHA NE 68116 SFD 7.00 6.500 $ 1,849.54 360
4974429 NOVATO CA 94947 SFD 7.38 6.500 $ 2,610.76 360
4974458 AUSTIN TX 78734 SFD 7.50 6.500 $ 2,712.96 360
4974568 BROOKFIELD CT 06804 SFD 7.00 6.500 $ 1,735.11 360
4974577 WAYNE NJ 07470 SFD 6.75 6.483 $ 2,127.41 360
4974602 STAMFORD CT 06903 SFD 7.13 6.500 $ 3,200.17 360
4974705 WILTON CT 06897 SFD 6.63 6.358 $ 4,322.10 360
4974735 NEEDHAM MA 02494 SFD 6.88 6.500 $ 2,081.16 360
4974857 PALO ALTO CA 94306 SFD 6.63 6.358 $ 2,177.06 360
4974862 HUNTINGTON NY 11743 SFD 7.50 6.500 $ 2,202.53 360
4974944 MANHASSET NY 11030 SFD 7.25 6.500 $ 3,199.41 360
4975492 BREWSTER MA 02631 SFD 7.63 6.500 $ 1,904.68 360
4975670 MORGAN HILL CA 95037 SFD 7.13 6.500 $ 1,886.42 360
4975810 ANN ARBOR MI 48108 SFD 7.13 6.500 $ 1,751.67 360
4975838 ISSAQUAH WA 98029 SFD 7.25 6.500 $ 2,046.53 360
4975858 ISSAQUAH WA 98029 SFD 7.13 6.500 $ 1,917.07 360
4975880 LIVINGSTON NJ 07039 SFD 6.75 6.483 $ 3,064.63 360
4975901 SAN JOSE CA 95138 SFD 6.88 6.500 $ 3,284.65 360
4975905 SAN JOSE CA 95120 SFD 7.13 6.500 $ 3,537.03 360
4975942 CAMARILLO CA 93012 SFD 7.63 6.500 $ 1,953.52 360
4975957 ARCADIA CA 91006 SFD 7.13 6.500 $ 1,751.67 360
4976112 PALO ALTO CA 94301 SFD 6.88 6.500 $ 6,569.29 360
4976122 SANTA MONICA CA 90405 SFD 7.50 6.500 $ 2,097.65 360
4976204 SAN ANTONIO TX 78212 SFD 7.00 6.500 $ 1,995.91 360
4976221 ENCINO CA 91316 SFD 7.25 6.500 $ 3,124.37 360
4976297 LOS ANGELES CA 90064 SFD 7.50 6.500 $ 3,408.68 360
4976311 SUNNYVALE CA 94087 SFD 6.75 6.483 $ 2,373.87 360
4976460 SAN FRANCISCO CA 94116 SFD 6.63 6.358 $ 2,809.69 360
4976500 BOULDER CO 80301 SFD 7.25 6.500 $ 4,700.20 360
4976588 BELLAIRE MI 49615 SFD 7.00 6.500 $ 665.30 360
4976774 MARIETTA GA 30067 SFD 7.38 6.500 $ 2,044.40 360
4976793 PLEASANTVILLE NY 10570 SFD 6.38 6.108 $ 2,183.54 360
4976849 SARATOGA CA 95070 SFD 6.75 6.483 $ 5,837.39 360
4976916 IRVINE CA 92606 SFD 7.25 6.500 $ 2,046.53 360
4976986 WAXHAW NC 28173 SFD 7.13 6.500 $ 2,796.33 351
4977141 GARDEN CITY NY 11530 SFD 7.25 6.500 $ 3,410.89 360
4977233 OLD GREENWICH CT 06870 SFD 7.00 6.500 $ 2,243.41 360
4977482 FRANKLIN TN 37064 SFD 7.25 6.500 $ 2,558.16 360
4977494 WESTPORT CT 06880 SFD 7.00 6.500 $ 3,259.98 360
4977513 SEATTLE WA 98103 SFD 7.25 6.500 $ 2,558.17 360
4977516 DALLAS TX 75230 SFD 6.88 6.500 $ 2,082.47 360
4977783 BROOKLINE MA 02146 SFD 6.88 6.500 $ 2,824.80 360
4977788 CLARKESVILLE MD 21029 SFD 7.50 6.500 $ 2,763.30 360
4977935 ROSELYN HEIGHTS NY 11577 SFD 6.88 6.500 $ 2,121.88 360
4977974 BERNARDSVILLE NJ 07924 SFD 6.88 6.500 $ 2,496.33 360
4977996 PRESTON ID 83263 SFD 7.38 6.500 $ 2,741.99 360
4978080 DEMAREST NJ 07627 SFD 7.13 6.500 $ 3,772.82 360
4978101 SAUSALITO CA 94965 SFD 6.88 6.500 $ 1,750.72 360
4978122 PRINCETON MA 01541 SFD 7.13 6.500 $ 4,648.66 360
4978153 REDONDO BEACH CA 90277 SFD 7.13 6.500 $ 2,189.59 360
4978160 ROCKLIN CA 95677 SFD 7.13 6.500 $ 2,054.84 360
4978255 KIRKLAND WA 98034 SFD 7.00 6.500 $ 1,711.16 360
4978286 NOVATO CA 94945 SFD 6.75 6.483 $ 2,853.83 360
4978367 AUSTIN TX 78746 SFD 7.00 6.500 $ 2,258.70 360
4978459 OAKLAND CA 94605 SFD 8.00 6.500 $ 2,935.06 360
4978531 MASSAPEQUA NY 11762 SFD 7.25 6.500 $ 972.10 360
4978574 SAN JOSE CA 95120 SFD 7.13 6.500 $ 2,021.16 360
4978656 HUNTINGTON BEACH CA 92648 SFD 7.25 6.500 $ 2,312.58 360
4978804 VIRGINIA BEACH VA 23455 SFD 7.25 6.500 $ 3,792.91 360
4978820 BEAUMONT TX 77713 SFD 6.88 6.500 $ 2,080.50 360
4978950 RYE NY 10580 SFD 6.88 6.500 $ 3,079.03 360
4979100 SANTA CLARA CA 95051 SFD 7.50 6.500 $ 2,006.75 360
4979127 LIBERTYVILLE IL 60048 LCO 7.88 6.500 $ 1,143.44 360
4979234 UNION CITY CA 94587 SFD 6.63 6.358 $ 2,484.41 360
4979332 CHICAGO IL 60661 LCO 7.00 6.500 $ 1,962.65 360
4979383 FORT ARTHUR TX 77640 SFD 6.63 6.358 $ 2,084.86 360
4979405 SAN DIEGO CA 92131 SFD 7.13 6.500 $ 2,526.44 360
4979479 SANTA ANA CA 92705 SFD 7.38 6.500 $ 2,486.44 360
4979641 SARATOGA CA 95070 SFD 7.13 6.500 $ 3,772.83 360
4980316 MILL VALLEY CA 94941 SFD 7.00 6.500 $ 1,955.99 360
4980328 FREMONT CA 94536 SFD 7.13 6.500 $ 3,409.02 360
4980347 BEND OR 97701 SFD 7.13 6.500 $ 1,852.73 360
4980544 BIRMINGHAM AL 35242 SFD 6.75 6.483 $ 1,663.66 360
4980576 REDDING CT 06896 SFD 7.25 6.500 $ 1,964.67 360
4980581 NEWTON MA 02159 SFD 6.75 6.483 $ 1,945.80 360
4980596 BURR RIDGE IL 60521 SFD 6.50 6.233 $ 5,593.81 360
4980964 NEW YORK NY 10021 COP 6.63 6.358 $ 3,169.54 360
4981139 OCEAN CITY NJ 08226 LCO 7.25 6.500 $ 4,093.06 360
4981263 SAN FRANCISCO CA 94116 SFD 6.88 6.500 $ 1,681.74 360
4981371 CALABASAS CA 91302 SFD 7.13 6.500 $ 2,068.32 360
4981437 BERNARDS TOWNSHIP NJ 07920 SFD 7.25 6.500 $ 2,114.75 360
4981497 CHINO HILLS CA 91709 SFD 6.88 6.500 $ 1,740.53 360
4981539 SAN DIEGO CA 92123 SFD 6.50 6.233 $ 2,076.03 360
4981554 CHESTERFIELD MO 63005 SFD 7.38 6.500 $ 2,310.31 360
4981573 VILLA PARK CA 92861 SFD 7.00 6.500 $ 2,993.87 360
4981650 SAN RAMON CA 94583 SFD 6.88 6.500 $ 2,485.82 360
4981682 BARRINGTON HILLS IL 60010 SFD 6.38 6.108 $ 2,058.77 360
4981883 MASON OH 40540 SFD 6.50 6.233 $ 1,918.96 360
4981918 LOS ANGELES CA 90046 SFD 6.88 6.500 $ 1,878.82 360
4981986 DALLAS TX 75230 SFD 6.63 6.358 $ 2,228.29 360
4982076 STATEN ISLAND NY 10305 PUD 7.38 6.500 $ 2,141.10 360
4982096 DARIEN CT 06830 SFD 7.00 6.500 $ 2,494.88 360
4982101 CHAPPAQUA NY 10514 SFD 7.25 6.500 $ 2,046.53 360
4982182 DOYLESTOWN PA 18901 SFD 7.38 6.500 $ 3,184.01 360
4982281 DUXBURY MA 02332 SFD 6.63 6.358 $ 2,401.17 360
4982376 AGOURA HILLS CA 91301 PUD 7.00 6.500 $ 2,486.91 360
4982407 NORTH WOODMERE NY 11581 SFD 7.50 6.500 $ 510.43 360
4982487 NEW HOPE PA 18938 SFD 7.25 6.500 $ 1,637.91 360
4982525 SAN JOSE CA 95148 SFD 7.13 6.500 $ 2,425.39 360
4982629 MENLO PARK CA 94028 SFD 6.88 6.500 $ 1,957.65 360
4982650 SCOTTSDALE AZ 85258 SFD 7.50 6.500 $ 1,845.93 360
4982722 SIMPSONVILLE SC 29681 SFD 7.00 6.500 $ 1,862.85 360
4983021 MOUNTAIN VIEW CA 94040 SFD 7.88 6.500 $ 2,059.20 360
4983096 MCLEAN VA 22101 SFD 6.38 6.108 $ 2,395.67 360
4983187 WEST CHESTER PA 19382 SFD 6.63 6.358 $ 1,792.88 360
4983494 SCOTTSDALE AZ 85255 SFD 7.13 6.500 $ 1,920.10 360
4983658 RNCHO STA MARGARITA CA 92688 PUD 6.63 6.358 $ 1,658.41 360
4983769 HARDING TOWNSHIP NJ 07976 SFD 6.63 6.358 $ 2,510.02 360
4983816 SACRAMENTO CA 95864 SFD 6.38 6.108 $ 1,751.83 360
4983880 NOBLESVILLE IN 46060 SFD 6.38 6.108 $ 1,684.45 360
4984046 RYE NY 10580 SFD 7.88 6.500 $ 2,381.86 360
4984062 SIMI VALLEY CA 93065 SFD 7.50 6.500 $ 2,251.48 360
4984095 CUPERTINO CA 95014 SFD 6.63 6.358 $ 2,305.12 360
4984156 LOS GATOS CA 95032 SFD 7.00 6.500 $ 2,109.01 360
4984239 WEST ORANGE NJ 07052 SFD 7.38 6.500 $ 1,802.67 360
4984248 PALO ALTO CA 94301 SFD 7.00 6.500 $ 4,324.47 360
4984251 PLANO TX 75093 SFD 7.25 6.500 $ 3,650.67 360
4984385 SAN MATEO CA 94402 SFD 7.00 6.500 $ 2,627.95 360
4984451 NEW ROCHELLE NY 10801 SFD 6.88 6.500 $ 2,119.91 360
4984703 SHERMAN OAKS CA 91403 SFD 6.88 6.500 $ 2,831.37 360
4984776 CLEARWATER FL 33759 SFD 6.75 6.483 $ 1,712.30 360
4984873 DIAMOND BAR CA 91765 SFD 7.38 6.500 $ 2,113.47 360
4984946 BLUFFTON SC 29910 SFD 7.38 6.500 $ 2,304.09 360
4985173 STUDIO CITY CA 91604 SFD 7.38 6.500 $ 2,210.17 360
4985243 PORTLAND OR 97229 SFD 7.00 6.500 $ 2,528.15 360
4985285 SONOMA CA 95476 SFD 7.38 6.500 $ 2,072.03 360
4985370 LOVELAND OH 45140 SFD 7.13 6.500 $ 1,899.89 360
4985395 REDLANDS CA 92373 SFD 7.63 6.500 $ 3,595.60 360
4985492 SAN FRANCISCO CA 94110 SFD 7.38 6.500 $ 2,707.45 360
4985537 BOULDER CO 80302 SFD 7.50 6.500 $ 2,206.03 360
4985582 THE WOODLANDS TX 77381 SFD 6.88 6.500 $ 1,891.96 360
4985597 MILL VALLEY CA 94941 SFD 6.75 6.483 $ 3,074.36 360
4985613 MCLEAN VA 22101 SFD 6.38 6.108 $ 1,740.60 360
4985769 BEDFORD NY 10506 SFD 7.63 6.500 $ 6,440.93 360
4985856 MASON OH 45040 SFD 7.00 6.500 $ 1,742.76 360
4985882 SAN FRANCISCO CA 94127 SFD 7.50 6.500 $ 2,573.11 360
4985912 BELLEVUE WA 98008 SFD 6.88 6.500 $ 2,302.87 360
4985924 BELLEVUE WA 98006 SFD 6.88 6.500 $ 1,970.79 360
4985930 SAN ANTONIO TX 78258 SFD 7.00 6.500 $ 3,239.03 360
4985982 LOS ANGELES CA 90046 SFD 7.00 6.500 $ 1,799.65 360
4985990 PLEASANTVILLE NY 10570 SFD 7.25 6.500 $ 2,476.30 360
4986258 BROKEN ARROW OK 74014 SFD 7.25 6.500 $ 2,783.28 360
4986276 DESTIN FL 32541 LCO 7.00 6.500 $ 3,050.42 360
4986396 REDWOOD CITY CA 94061 SFD 7.38 6.500 $ 3,453.38 360
4986420 BURLINGAME CA 94010 SFD 7.25 6.500 $ 3,035.69 360
4986502 VENICE CA 90291 SFD 7.50 6.500 $ 1,748.04 360
4986552 GARDEN CITY NY 11530 SFD 6.88 6.500 $ 1,905.10 360
4986609 MOUNTIAN VIEW CA 94043 SFD 7.63 6.500 $ 2,187.09 360
4986657 OAKLAND CA 94611 SFD 6.63 6.358 $ 1,672.49 360
4986942 ST. LOUIS MO 63105 SFD 7.25 6.500 $ 5,457.42 360
4987127 CUPERTINO CA 95014 SFD 7.13 6.500 $ 2,213.17 360
4987208 GRENICH CT 06830 SFD 7.25 6.500 $ 2,046.53 360
4987223 RYE NY 10580 SFD 7.38 6.500 $ 2,679.82 360
4987226 MERRICK NY 11566 SFD 7.25 6.500 $ 1,855.52 360
4987248 KELLER TX 76248 SFD 6.75 6.483 $ 1,805.38 360
4987257 BARRINGTON RI 02806 SFD 6.75 6.483 $ 2,270.10 360
4987360 ALAMO CA 94507 SFD 6.75 6.483 $ 2,075.52 360
4987393 NORTHRIDGE CA 91324 SFD 8.00 6.500 $ 1,951.82 360
4987417 SAN LEANDRO CA 94579 SFD 7.38 6.500 $ 2,104.49 360
4987469 SOUTHLAKE TX 76092 SFD 7.00 6.500 $ 1,783.02 360
4987479 CORONA DEL MAR CA 92625 SFD 7.38 6.500 $ 4,403.75 360
4987503 STAUNTON VA 24401 SFD 7.50 6.500 $ 2,611.57 360
4987519 ACTON CA 93510 SFD 6.88 6.500 $ 1,693.56 360
4987544 SAN RAFAEL CA 94901 SFD 8.25 6.500 $ 2,268.83 360
4987553 NEW YORK NY 10023 HCO 7.50 6.500 $ 3,775.76 360
4987566 KELLER TX 76248 SFD 7.25 6.500 $ 1,899.18 360
4987586 WESTON CT 06883 SFD 6.75 6.483 $ 2,270.10 360
4987660 LOS ALTOS CA 94024 SFD 6.75 6.483 $ 2,594.39 360
4987769 DARIEN CT 06820 SFD 7.38 6.500 $ 3,108.04 360
4987779 EDGEWOOD KY 41017 SFD 7.13 6.500 $ 2,358.01 360
4987787 VIENA VA 22180 SFD 6.38 6.108 $ 2,233.45 360
4987845 CHARLOTTE NC 28270 SFD 7.13 6.500 $ 2,829.62 360
4987872 LAGUNA BEACH CA 92651 SFD 7.50 6.500 $ 2,167.56 360
4987943 BELLEVUE WA 98005 SFD 6.88 6.500 $ 1,970.79 360
4988022 MARTINEZ CA 94553 SFD 7.25 6.500 $ 1,888.27 360
4988028 CUPERTINO CA 95014 SFD 7.00 6.500 $ 2,860.81 360
4988046 HUNTINGTON BEACH CA 92648 SFD 7.50 6.500 $ 4,423.24 360
4988049 PLEASANTON CA 94566 SFD 7.50 6.500 $ 2,405.30 360
4988055 CAMARILLO CA 93010 SFD 7.25 6.500 $ 3,356.31 360
4988079 SAN RAMON CA 94583 LCO 7.50 6.500 $ 1,880.89 360
4988104 VALLEY CENTER CA 92082 SFD 6.88 6.500 $ 2,192.50 360
4988121 POULSBO WA 98370 SFD 6.88 6.500 $ 2,364.95 360
4988136 VALENCIA CA 91355 SFD 6.88 6.500 $ 1,703.09 360
4988163 KAMUELA HI 96743 LCO 7.75 6.500 $ 5,910.41 360
4988271 BROOKLYN NY 11230 SFD 7.25 6.500 $ 2,626.38 360
4988273 NEW ROCHELLE NY 10801 SFD 7.00 6.500 $ 1,696.53 360
4988304 DIX HILLS NY 11746 SFD 7.50 6.500 $ 2,461.24 360
4988372 SOUTHLAKE TX 76092 SFD 7.13 6.500 $ 4,069.26 360
4988395 SAN CARLOS CA 94070 SFD 7.38 6.500 $ 2,873.21 360
4988425 DUVALL WA 98019 SFD 7.13 6.500 $ 2,155.90 360
4988426 LOS ANGELES CA 90045 SFD 7.38 6.500 $ 2,326.20 360
4988441 LOS ANGELES CA 90036 SFD 7.13 6.500 $ 2,169.38 360
4988478 REDWOOD CITY CA 94065 SFD 7.13 6.500 $ 2,459.08 360
4988587 LARKSPUR CA 94939 SFD 7.38 6.500 $ 2,548.60 360
4988592 ORINDA CA 94563 SFD 7.63 6.500 $ 1,896.89 360
4988596 TUSTIN CA 92782 SFD 7.13 6.500 $ 2,265.38 360
4988620 COLLEYVILLE TX 76034 SFD 7.50 6.500 $ 1,999.41 360
4988652 DANVILLE CA 94506 SFD 7.13 6.500 $ 2,694.88 360
4988699 HOLLISTER CA 95023 SFD 7.50 6.500 $ 2,076.67 360
4988713 MOUNTAIN VIEW CA 94041 SFD 7.25 6.500 $ 3,454.54 360
4988749 PORTOLA VALLEY CA 94028 SFD 7.38 6.500 $ 3,384.31 360
4988799 DALLAS TX 75205 SFD 6.88 6.500 $ 3,389.76 360
4988893 LOS ALTOS CA 94022 SFD 7.13 6.500 $ 3,031.74 360
4988926 SANFORD FL 32771 SFD 7.25 6.500 $ 3,485.93 360
4988934 MORAGA CA 94556 SFD 6.63 6.358 $ 2,561.25 360
4988956 FOSTER CITY CA 94404 SFD 7.25 6.500 $ 2,230.72 360
4988987 LAKE ARROWHEAD CA 92352 SFD 7.25 6.500 $ 2,433.33 360
4989006 NEW YORK NY 10038 HCO 6.75 6.483 $ 1,647.44 360
4989116 SAN FRANCISCO CA 94122 SFD 6.63 6.358 $ 1,658.41 360
4989145 SAN JOSE CA 95124 SFD 7.38 6.500 $ 1,788.85 360
4989266 ANAHEIM CA 92808 SFD 7.25 6.500 $ 1,835.06 360
4989271 LOS ANGELES CA 91423 SFD 7.13 6.500 $ 2,155.90 360
4989294 CAMPBELL CA 95008 SFD 6.88 6.500 $ 1,845.97 360
4989321 WOODLAND HILLS CA 91364 SFD 8.25 6.500 $ 2,764.67 360
4989428 LOS ANGELES CA 90024 SFD 7.38 6.500 $ 1,956.00 360
4989474 HOPEWELL TOWNSHIP NJ 08525 SFD 7.13 6.500 $ 1,943.68 360
4989497 SEBASTOPOL CA 95472 SFD 7.25 6.500 $ 3,226.70 360
4989506 ALTADENA CA 91001 SFD 6.75 6.483 $ 2,827.89 360
4989514 WASHINGTON DC 20009 SFD 8.00 6.500 $ 2,465.45 360
4989535 TUSTIN CA 92782 SFD 6.88 6.500 $ 2,472.35 360
4989550 BISMARCK ND 58501 SFD 7.25 6.500 $ 2,737.23 360
4989583 SAN PEDRO CA 90732 SFD 6.75 6.483 $ 1,978.23 360
4989595 SAN JOSE CA 95128 SFD 7.13 6.500 $ 1,773.23 360
4989611 POWAY CA 92064 SFD 7.38 6.500 $ 4,054.27 360
4989665 WINCHESTER MA 01890 SFD 6.88 6.500 $ 1,793.09 360
4989681 FREEHOLD NJ 07728 SFD 7.50 6.500 $ 1,342.49 360
4989706 WOODBURY MN 55125 SFD 7.38 6.500 $ 2,707.45 360
4989763 LOS ANGELES CA 90064 SFD 7.50 6.500 $ 2,733.93 360
4989846 NICHOLS HILL OK 73116 SFD 7.25 6.500 $ 2,865.14 360
4989964 HASTINGS NY 10706 SFD 7.50 6.500 $ 2,611.57 360
4989985 PORT WASHINGTON NY 11050 SFD 6.75 6.483 $ 1,913.37 360
4990029 JAMAICA NY 11432 SFD 6.88 6.500 $ 2,187.58 360
4990113 WOODLAND HILLS CA 91367 SFD 7.00 6.500 $ 3,060.40 360
4990131 SHELTON CT 06484 SFD 7.50 6.500 $ 917.72 360
4990168 NORTH POTOMAC MD 20878 SFD 7.25 6.500 $ 1,828.24 360
4990182 MILPITAS CA 95035 SFD 7.25 6.500 $ 2,435.37 360
4990189 HUNTINGTON BEACH CA 92646 SFD 6.88 6.500 $ 1,991.81 360
4990223 TARZANA CA 91356 SFD 7.25 6.500 $ 3,461.37 360
4990226 CASTRO VALLEY CA 94552 SFD 7.25 6.500 $ 2,202.07 360
4990269 SAN FRANCISCO CA 94131 SFD 7.38 6.500 $ 2,429.11 360
4990283 RANCHO PALOS VERDES CA 90275 SFD 7.00 6.500 $ 1,896.12 360
4990308 SAN FRANCISCO CA 94107 LCO 7.25 6.500 $ 2,182.97 360
4990309 CLAREMONT CA 91711 SFD 7.50 6.500 $ 4,530.92 360
4990320 LA CRESCENTA CA 91214 SFD 7.50 6.500 $ 1,986.47 360
4990326 SAN CARLOS CA 94070 SFD 7.50 6.500 $ 1,887.88 360
4990384 DANA POINT CA 92629 SFD 7.00 6.500 $ 5,322.42 360
4990393 DARIEN CT 06820 SFD 7.25 6.500 $ 2,148.86 360
4990397 HERCULES CA 94547 SFD 7.38 6.500 $ 2,082.39 360
4990408 SAN JOSE CA 95119 SFD 7.38 6.500 $ 1,816.48 360
4990422 ORINDA CA 94563 SFD 7.00 6.500 $ 2,075.75 360
4990433 STAMFORD CT 06902 SFD 7.38 6.500 $ 1,899.36 360
4990445 SAN MARINO CA 91108 SFD 7.50 6.500 $ 3,083.54 360
4990478 BERKELEY CA 94707 SFD 7.00 6.500 $ 2,561.42 360
4990489 LAKE OSWEGO OR 97035 SFD 7.00 6.500 $ 2,405.74 360
4990508 CUPERTINO CA 95014 SFD 7.38 6.500 $ 4,489.39 360
4990585 FLOWER MOUND TX 75028 SFD 7.00 6.500 $ 2,691.49 360
4990809 BROOKLYN NY 11217 COP 7.50 6.500 $ 2,097.64 360
4990876 PLANO TX 75025 SFD 7.13 6.500 $ 1,851.04 360
4990961 WESTPORT CT 06880 SFD 6.88 6.500 $ 3,284.65 360
4990980 IRVINE CA 92614 LCO 7.25 6.500 $ 1,784.58 360
4990997 NEW YORK NY 10019 HCO 7.25 6.500 $ 1,828.24 360
4991059 SAN FRANCISCO CA 94116 SFD 8.00 6.500 $ 2,568.18 360
4991123 SIERRE MADRE CA 91024 SFD 7.50 6.500 $ 2,171.07 360
4991226 EDINA MN 55436 SFD 7.25 6.500 $ 2,387.62 360
4991329 GLENDALE CA 91202 SFD 7.00 6.500 $ 2,494.89 360
4991387 MILLBRAE CA 94030 SFD 7.50 6.500 $ 3,398.19 360
4991462 PALO ALTO CA 94306 SFD 7.63 6.500 $ 3,574.36 360
4991528 DALLAS TX 75287 SFD 7.00 6.500 $ 3,379.74 360
4991636 LAKE FOREST WA 98155 SFD 7.25 6.500 $ 2,049.26 360
4991665 BELLE MEAD NJ 08502 SFD 7.25 6.500 $ 2,410.65 240
4991757 MOUNTAIN VIEW CA 94040 SFD 7.25 6.500 $ 3,719.23 360
4991910 SAGAMORE HILLS OH 44067 SFD 6.75 6.483 $ 1,720.09 360
4991960 CHATHAM NJ 07928 SFD 7.50 6.500 $ 2,069.68 360
4991967 CASTLE ROCK CO 80104 SFD 7.00 6.500 $ 2,162.24 360
4991982 SANTA CLARA CA 95051 SFD 7.50 6.500 $ 1,992.77 360
4992044 REDWOOD CITY CA 94061 SFD 6.75 6.483 $ 2,497.11 360
4992129 ALAMO CA 94507 PUD 7.00 6.500 $ 3,585.99 360
4992278 WESTHAMPTON BEACH NY 11978 SFD 7.50 6.500 $ 2,254.97 360
4992313 SUNNYVALE CA 94087 SFD 7.38 6.500 $ 1,975.34 360
4992394 SAN JOSE CA 95130 SFD 7.38 6.500 $ 2,424.27 360
4992536 NEW YORK NY 10016 HCO 7.63 6.500 $ 707.80 360
4992607 WEST LINN OR 97068 SFD 7.38 6.500 $ 2,431.18 360
4992844 BRIARCLIFF NY 10510 SFD 7.50 6.500 $ 3,003.83 360
4992880 SAN JOSE CA 95139 SFD 6.75 6.483 $ 1,792.73 360
4992956 MENLO PARK CA 94025 LCO 7.00 6.500 $ 2,089.05 360
4993054 WESTLAKE VILLAGE CA 91362 LCO 8.13 6.500 $ 1,588.95 360
4993112 YORBA LINDA CA 92886 SFD 7.13 6.500 $ 1,776.60 360
4993151 TUCSON AZ 85749 SFD 7.50 6.500 $ 2,307.41 360
4993156 MINNETRISTA MN 55364 SFD 7.38 6.500 $ 1,973.61 360
4993165 BOULDER CO 80303 LCO 7.00 6.500 $ 1,959.32 360
4993213 SEATTLE WA 98112 SFD 7.75 6.500 $ 2,579.08 360
4993286 SAN LUIS OBISPO CA 93401 SFD 6.75 6.483 $ 1,867.97 360
4993305 SAN JOSE CA 95125 SFD 7.50 6.500 $ 1,952.21 360
4993348 SAN JOSE CA 95133 SFD 7.38 6.500 $ 1,983.62 360
4993437 LUDLOW VT 05149 LCO 7.38 6.500 $ 2,072.03 360
4993439 PORTLAND OR 97202 SFD 7.38 6.500 $ 1,870.01 360
4993446 GLENDALE CA 91201 SFD 7.25 6.500 $ 1,732.73 360
4993493 SYOSSET NY 11791 SFD 7.75 6.500 $ 2,573.72 360
4993539 SUNNYVALE CA 94087 SFD 7.50 6.500 $ 2,796.86 360
4993585 SHERMAN OAKS CA 91423 SFD 7.88 6.500 $ 3,226.56 360
4993589 LA CANADA-FLINTRIDGE CA 91011 SFD 7.50 6.500 $ 1,996.96 360
4993642 SANTA MONICA CA 90402 SFD 6.75 6.483 $ 4,215.89 360
4993720 MILLBRAE CA 94030 SFD 7.63 6.500 $ 2,378.19 360
4993799 MORGAN HILL CA 95037 SFD 7.75 6.500 $ 2,901.47 360
4993831 STAMFORD CT 06905 SFD 7.50 6.500 $ 3,146.47 360
4993836 SAN ANSELMO CA 94960 SFD 7.38 6.500 $ 1,954.62 360
4993851 SAN FRANCISCO CA 94109 LCO 7.00 6.500 $ 2,029.18 360
4993979 SAN JOSE CA 95136 SFD 7.88 6.500 $ 1,856.18 360
4994016 EUGENE OR 97401 SFD 7.75 6.500 $ 2,091.92 360
4994028 SAN JOSE CA 95132 SFD 7.38 6.500 $ 1,922.84 360
4994030 DERRY NH 03038 SFD 7.63 6.500 $ 1,781.88 360
4994264 SARATOGA CA 95070 SFD 7.50 6.500 $ 3,747.79 360
4994298 LAGUNA BEACH CA 92651 SFD 7.13 6.500 $ 3,503.34 360
4994321 FORT WORTH TX 76109 SFD 7.25 6.500 $ 2,793.51 360
4994338 PLEASANTON CA 94566 SFD 6.88 6.500 $ 1,970.79 360
4994371 MILPITAS CA 95035 SFD 7.88 6.500 $ 1,986.70 360
4994405 SAN BRUNO CA 94066 SFD 7.75 6.500 $ 1,912.83 360
4994432 IRVINE CA 92620 SFD 7.25 6.500 $ 1,978.32 360
4994462 NORTH HOLLYWOOD CA 91607 SFD 7.75 6.500 $ 2,185.06 360
4994468 LOS ANGELES CA 90039 SFD 7.50 6.500 $ 1,762.03 360
4994475 SAN RAMON CA 94583 LCO 7.38 6.500 $ 1,926.99 360
4994575 STAMFORD CT 06905 LCO 7.00 6.500 $ 1,510.24 360
4994705 STEPHENTOWN NY 12168 SFD 7.00 6.500 $ 2,262.03 360
4994777 CHARLOTTE NC 28211 SFD 6.50 6.233 $ 1,074.52 360
4994788 MISSION VIEJO CA 92692 PUD 6.63 6.358 $ 2,535.64 360
4994794 SAN DIEGO CA 92123 SFD 7.00 6.500 $ 1,987.26 360
4994896 PORTLAND OR 97201 SFD 7.00 6.500 $ 2,474.93 360
4994903 CAMAS WA 98607 SFD 7.00 6.500 $ 1,889.46 360
4995076 FREMONT CA 94536 SFD 7.50 6.500 $ 2,412.30 360
4995081 ARLINGTON VA 22207 SFD 7.25 6.500 $ 3,942.98 360
4995137 SARATOGA CA 95070 SFD 7.63 6.500 $ 3,913.39 360
4995164 LOS GATOS CA 95032 SFD 7.13 6.500 $ 3,934.52 360
4995228 FALLS CHURCH VA 22041 SFD 7.00 6.500 $ 2,576.06 360
4995252 SAN FRANCISCO CA 94109 HCO 7.38 6.500 $ 2,016.78 360
4995261 SAN JOSE CA 95129 SFD 6.50 6.233 $ 3,109.78 360
4995290 FREMONT CA 94539 SFD 7.63 6.500 $ 2,717.93 360
4995327 TORRANCE CA 90504 SFD 7.25 6.500 $ 1,074.43 360
4995332 LAKE FOREST CA 92630 SFD 7.00 6.500 $ 1,663.26 360
4995382 GLENVILLE NC 28736 SFD 7.25 6.500 $ 818.62 360
4995418 SOQUEL CA 95073 SFD 7.38 6.500 $ 2,762.71 360
4995438 THOUSAND OAKS CA 91362 SFD 7.75 6.500 $ 2,224.47 360
4995475 LA MESA CA 91941 SFD 6.88 6.500 $ 1,681.74 360
4995553 LOS ANGELES CA 90064 SFD 6.88 6.500 $ 4,146.54 360
4995555 ALAMO CA 94507 SFD 7.75 6.500 $ 3,258.25 360
4995570 SAN JOSE CA 95148 SFD 7.50 6.500 $ 1,887.88 360
4995624 BURTONSVILLE MD 20866 SFD 7.63 6.500 $ 1,981.83 360
4995658 HOLMDEL NJ 07733 SFD 7.13 6.500 $ 2,021.16 360
4995706 HIGHLANDS RANCH CO 80126 SFD 7.38 6.500 $ 1,728.32 360
4995732 SEATTLE WA 98112 SFD 7.00 6.500 $ 3,672.47 360
4995744 RIDGEFIELD CT 06877 SFD 6.88 6.500 $ 2,207.29 360
4995813 SAN FRANCISCO CA 94123 SFD 7.50 6.500 $ 6,992.15 360
4995850 SPOKANE WA 99203 SFD 6.88 6.500 $ 2,241.77 360
4995977 EAST QUOGUE NY 11942 SFD 7.63 6.500 $ 852.19 360
4996102 LOS ALTOS CA 94022 SFD 7.25 6.500 $ 3,172.12 360
4996116 PINECREST FL 33156 SFD 7.25 6.500 $ 3,404.06 360
4996133 SAN JOSE CA 95129 SFD 7.00 6.500 $ 2,341.87 360
4996185 SAG HARBOR NY 11963 SFD 7.63 6.500 $ 707.80 360
4996269 SEARINGTOWN NY 11507 SFD 6.88 6.500 $ 2,102.18 360
4996285 LITTLETON CO 80123 SFD 7.00 6.500 $ 3,818.84 360
4996295 LOS ANGELES CA 90046 SFD 7.13 6.500 $ 3,267.54 360
4996317 RICHMOND TX 77469 SFD 6.88 6.500 $ 1,622.61 360
4996342 DOUBLE OAK TX 75077 SFD 7.25 6.500 $ 1,751.49 360
4996343 PITTSBURGH PA 15211 SFD 6.75 6.483 $ 1,994.44 360
4996392 WEST CALDWELL NJ 07006 SFD 7.50 6.500 $ 1,837.96 360
4996425 SUNNYVALE CA 94089 LCO 7.75 6.500 $ 2,095.51 360
4996465 GLEN COVE NY 11542 SFD 6.88 6.500 $ 1,642.33 360
4996508 SANTA CRUZ CA 95060 SFD 7.13 6.500 $ 1,866.21 360
4996511 PORTOLA VALLEY CA 94028 SFD 7.38 6.500 $ 4,078.44 360
4996523 SEA CLIFF NY 11579 SFD 6.88 6.500 $ 1,851.89 300
4996543 SARATOGA CA 95070 SFD 8.00 6.500 $ 3,133.18 360
4996584 LAGUNA NIGUEL CA 92677 SFD 7.00 6.500 $ 2,022.52 360
4996604 AVON CT 06001 SFD 6.88 6.500 $ 1,906.91 360
4996629 LA JOLLA CA 92037 SFD 7.25 6.500 $ 4,093.06 360
4996694 HUNTINGTON NY 11743 SFD 7.38 6.500 $ 2,043.85 360
4996713 SEA GIRT NJ 08750 SFD 7.50 6.500 $ 2,950.69 360
4996714 SAN FRACISCO CA 94118 SFD 7.38 6.500 $ 2,144.55 360
4996725 BAYSIDE NY 11364 SFD 7.88 6.500 $ 2,014.79 360
4996742 ELDERSBERG MD 21784 SFD 7.00 6.500 $ 1,862.85 360
4996792 FRAMINGHAM MA 01701 SFD 7.25 6.500 $ 2,049.94 360
4996793 HOUSTON TX 77024 SFD 6.88 6.500 $ 2,481.22 360
4996797 ALPHARETTA GA 30022 SFD 7.00 6.500 $ 1,763.06 360
4996803 ORINDA CA 94563 SFD 6.63 6.358 $ 2,236.61 360
4996804 SAN FRANCISCO CA 94121 SFD 7.25 6.500 $ 3,888.41 360
4996812 WINTER PARK FL 32789 SFD 7.00 6.500 $ 1,862.85 360
4996813 ALPHARETTA GA 30004 SFD 7.50 6.500 $ 1,774.61 360
4996822 TUSTIN CA 92782 SFD 7.00 6.500 $ 1,955.99 360
4996857 ACTON MA 01720 SFD 7.00 6.500 $ 1,862.85 360
4996868 FAIRFAX CA 94930 SFD 7.38 6.500 $ 1,726.69 360
4996884 HILLSBOROUGH CA 94010 SFD 7.00 6.500 $ 3,858.76 360
4997008 MOORESTOWN NJ 08057 SFD 7.38 6.500 $ 2,762.71 360
4997017 MANHASSET NY 11030 SFD 7.38 6.500 $ 4,482.49 360
4997028 ARROYO GRANDE CA 93420 SFD 7.38 6.500 $ 2,719.54 360
4997030 CUPERTINO CA 95014 SFD 7.25 6.500 $ 2,813.98 360
4997039 SAN DIEGO CA 92104 SFD 7.50 6.500 $ 2,237.49 360
4997044 OCEANSIDE NY 11572 SFD 7.13 6.500 $ 2,122.22 360
4997047 BULVERDE TX 78163 SFD 7.38 6.500 $ 1,704.59 360
4997079 WESTWOOD MA 02090 SFD 7.13 6.500 $ 1,859.46 360
4997093 TOPEKA KS 66614 SFD 7.25 6.500 $ 1,773.66 360
4997101 SAN MATEO CA 94403 SFD 7.38 6.500 $ 1,802.67 360
4997108 NORTH HOLLYWOOD CA 91606 SFD 7.38 6.500 $ 2,217.07 360
4997110 IRVINE CA 92612 LCO 7.00 6.500 $ 1,846.22 360
4997115 CUPERTINO CA 95014 SFD 7.75 6.500 $ 1,826.86 360
4997127 CLEARWATER FL 33756 SFD 7.00 6.500 $ 2,062.44 360
4997142 LAKEVILLE MN 55044 SFD 7.63 6.500 $ 1,895.47 360
4997160 SARATOGA CA 95070 SFD 7.00 6.500 $ 3,326.52 360
4997174 NORTH KINGSTOWN RI 02852 SFD 6.88 6.500 $ 1,205.47 240
4997203 CHINO HILLS CA 91709 SFD 6.75 6.483 $ 2,796.75 360
4997204 PLEASANTON CA 94566 SFD 7.38 6.500 $ 2,569.32 360
4997215 TAMPA FL 33629 SFD 7.50 6.500 $ 2,601.08 360
4997235 KEY LARGO FL 33037 SFD 7.13 6.500 $ 2,425.39 360
4997259 NICEVILLE FL 32578 SFD 7.38 6.500 $ 2,072.03 360
4997290 OLD GREENWICH CT 06870 SFD 6.63 6.358 $ 4,162.03 360
4997332 SAN MATEO CA 94402 SFD 6.63 6.358 $ 2,369.16 360
4997340 BELLAIRE TX 77401 SFD 6.88 6.500 $ 2,233.56 360
4997363 TAOS NM 87571 SFD 7.13 6.500 $ 3,055.31 360
4997376 REMSENBURG NY 11960 SFD 7.50 6.500 $ 1,678.11 360
4997390 VALLEY VILLAGE CA 91607 SFD 7.38 6.500 $ 1,709.43 360
4997406 BIRMINGHAM AL 35242 SFD 7.25 6.500 $ 2,251.19 360
4997523 SAN JOSE CA 95123 SFD 7.63 6.500 $ 2,202.66 360
4997587 POMPANO BEACH FL 33062 SFD 7.38 6.500 $ 2,386.98 360
4997598 SOLANA BEACH CA 92075 SFD 7.25 6.500 $ 1,944.21 360
4997630 SUNNYVALE CA 94087 SFD 7.38 6.500 $ 2,624.57 360
4997657 LOS ALTOS CA 94024 SFD 7.38 6.500 $ 3,246.17 360
4997668 REDWOOD CITY CA 94061 SFD 7.38 6.500 $ 2,464.33 360
4997669 PHOENIX AZ 85020 SFD 7.00 6.500 $ 2,568.07 360
4997670 FAIRFIELD CT 06430 SFD 7.25 6.500 $ 2,728.71 360
4997702 BLOOMINGTON IN 47401 SFD 7.38 6.500 $ 3,177.11 360
4997717 SANTA BARBARA CA 93105 SFD 7.88 6.500 $ 2,126.63 360
4997752 LOS ALTOS CA 94024 SFD 8.00 6.500 $ 3,896.29 360
4997801 SAN DIEGO CA 92110 SFD 7.63 6.500 $ 1,967.67 360
4997818 MENLO PARK CA 94025 SFD 7.13 6.500 $ 3,772.83 360
4997848 RIDGEFIELD CT 06877 SFD 7.25 6.500 $ 4,979.89 360
4997880 BURLINGAME CA 94010 SFD 7.38 6.500 $ 2,486.44 360
4997982 MARATHON FL 33050 SFD 7.38 6.500 $ 2,072.03 360
4997998 GREENWICH CT 06831 SFD 7.25 6.500 $ 3,069.80 360
4998000 CORONADO CA 92118 LCO 6.75 6.483 $ 3,518.65 360
4998018 LIVERMORE CA 94550 SFD 7.38 6.500 $ 1,709.42 360
4998021 LOS ANGELES CA 90008 SFD 7.13 6.500 $ 1,886.42 360
4998026 MORGAN HILL CA 95037 SFD 7.38 6.500 $ 2,541.68 360
4998044 FREMONT CA 94539 SFD 7.38 6.500 $ 2,279.23 360
4998056 KENOSHA WI 53140 SFD 7.25 6.500 $ 2,471.19 360
4998065 DALY CITY CA 94015 SFD 7.38 6.500 $ 1,933.89 360
4998066 JACKSON WY 83001 SFD 7.25 6.500 $ 4,229.50 360
4998075 LOS GATOS CA 95032 SFD 7.38 6.500 $ 2,555.50 360
4998085 PLEASANTON CA 94566 SFD 7.13 6.500 $ 1,798.83 360
4998090 LA VERNE CA 91750 SFD 7.50 6.500 $ 1,907.81 360
4998102 LATROBE CA 95682 SFD 7.13 6.500 $ 2,126.93 360
4998106 SAN JOSE CA 95132 SFD 7.00 6.500 $ 2,115.67 360
4998120 SANTA CLARA CA 95051 SFD 7.13 6.500 $ 1,956.48 360
4998141 SAN RAFAEL CA 94901 SFD 7.25 6.500 $ 1,848.70 360
4998160 FOSTER CITY CA 94404 LCO 7.38 6.500 $ 2,389.74 360
4998194 LOS GATOS CA 95032 SFD 7.38 6.500 $ 2,465.72 360
4998202 MILPITAS CA 95035 SFD 7.38 6.500 $ 2,064.43 360
4998216 MORAGA CA 94556 SFD 7.38 6.500 $ 2,451.90 360
4998264 LAGUNA NIGUEL CA 92677 SFD 6.88 6.500 $ 2,759.11 360
4998289 SAN JOSE CA 95148 SFD 7.38 6.500 $ 1,933.90 360
4998463 LA JOLLA CA 92037 SFD 7.50 6.500 $ 2,589.20 360
4998510 SAN JOSE CA 95148 SFD 7.88 6.500 $ 2,047.60 360
4998574 PALO ALTO CA 94306 SFD 7.38 6.500 $ 2,983.72 360
4998575 ENCINO CA 91436 SFD 7.00 6.500 $ 2,020.86 360
4998663 MOUNTAIN VIEW CA 94040 SFD 7.88 6.500 $ 2,088.20 360
4998693 SAN DIEGO CA 92131 SFD 7.13 6.500 $ 1,825.78 360
4998702 KODAK TN 37764 SFD 7.50 6.500 $ 601.33 360
4998724 BELLEVUE WA 98006 SFD 6.75 6.483 $ 1,673.38 360
4998736 SHERIDAN IN 46069 SFD 7.75 6.500 $ 2,471.63 360
4998824 SAN MARTIN CA 95046 SFD 7.38 6.500 $ 2,369.02 360
4998831 ELBERT CO 80106 SFD 6.75 6.483 $ 1,686.36 360
4998846 DARIEN CT 06820 SFD 7.50 6.500 $ 2,202.53 360
4998862 PACIFICA CA 94044 SFD 7.50 6.500 $ 1,971.79 360
4998959 CHARLOTTE NC 28277 SFD 7.00 6.500 $ 2,949.61 351
4998962 DALLAS TX 75201 SFD 7.25 6.500 $ 1,964.67 360
4999024 ALAMEDA CA 94502 SFD 7.88 6.500 $ 1,957.69 360
4999042 NEW ALBANY OH 43054 SFD 7.25 6.500 $ 2,088.15 360
4999080 GILROY CA 95020 SFD 7.00 6.500 $ 1,968.64 360
4999153 LAGO VISTA TX 78645 SFD 7.38 6.500 $ 2,789.64 360
4999169 FREMONT CA 94536 SFD 7.25 6.500 $ 4,393.22 360
4999258 LOS ANGELES CA 90008 SFD 7.50 6.500 $ 2,768.89 360
4999428 NICEVILLE FL 32578 PUD 7.25 6.500 $ 2,346.69 360
4999486 MARCO ISLAND FL 34145 SFD 7.38 6.500 $ 1,975.34 360
4999501 THOUSAND OAKS CA 91362 SFD 7.00 6.500 $ 2,528.15 360
4999534 POULSBO WA 98370 SFD 7.00 6.500 $ 1,946.01 360
4999581 CUPERTINO CA 95014 SFD 7.88 6.500 $ 2,595.75 360
4999584 GOLETA CA 93117 SFD 7.00 6.500 $ 1,749.75 360
4999636 NEWPORT BEACH CA 92661 SFD 6.88 6.500 $ 1,696.20 360
4999694 WOODLAND HILLS CA 91364 SFD 6.75 6.483 $ 2,659.26 360
4999699 MILPITAS CA 95035 PUD 7.50 6.500 $ 2,070.38 360
4999700 GREAT NECK NY 11021 SFD 7.38 6.500 $ 2,293.05 360
4999775 MORAGA CA 94556 SFD 7.50 6.500 $ 2,936.70 360
4999800 LIVERMORE CA 94550 SFD 7.50 6.500 $ 1,796.98 360
4999823 SAN JUAN CAPISTRANO CA 92675 SFD 8.25 6.500 $ 3,838.98 360
4999931 HALF MOON BAY CA 94019 SFD 7.38 6.500 $ 2,762.71 360
4999940 MINNEAPOLIS MN 55414 SFD 7.25 6.500 $ 1,671.34 360
4999975 TRABUCO CANYON CA 92679 LCO 7.00 6.500 $ 698.57 360
4999997 BARRINGTON HILLS IL 60010 SFD 7.13 6.500 $ 3,287.85 240
4999998 LOVELAND OH 45140 SFD 7.00 6.500 $ 2,614.64 360
5000010 PARK CITY UT 84098 SFD 7.38 6.500 $ 3,308.68 360
5000011 GLEN ELLYN IL 60137 SFD 7.25 6.500 $ 1,773.66 360
5000019 GLEN GARDNER NJ 08826 SFD 7.38 6.500 $ 2,072.03 360
5000049 STILLWATER MN 55082 SFD 6.88 6.500 $ 2,299.26 360
5000068 BLOOMFIELD HILLS MI 48304 SFD 7.13 6.500 $ 3,927.78 360
5000073 ANN ARBOR MI 48108 LCO 7.00 6.500 $ 2,528.15 360
5000078 WOODBURY MN 55129 SFD 6.75 6.483 $ 3,691.18 360
5000087 SUNNYVALE CA 94087 SFD 7.13 6.500 $ 3,880.62 360
5000093 GOLDEN VALLEY MN 55427 SFD 6.88 6.500 $ 1,605.54 360
5000097 INVER GROVE HEIGHTS MN 55077 SFD 7.13 6.500 $ 1,718.66 360
5000101 WELLESLEY MA 02482 SFD 6.88 6.500 $ 2,627.72 360
5000123 CANTON MI 48188 SFD 7.63 6.500 $ 1,911.04 360
5000131 CINCINNATI OH 45206 SFD 7.00 6.500 $ 2,421.71 360
5000132 LIBERTY LAKE WA 99019 SFD 7.13 6.500 $ 2,147.48 360
5000143 EDINA MN 55436 SFD 6.75 6.483 $ 4,014.83 360
5000148 FALLBROOK CA 92028 SFD 7.25 6.500 $ 2,019.24 360
5000150 BAYTOWN TOWNSHIP MN 55082 SFD 7.13 6.500 $ 2,054.85 360
5000160 HIGHLAND PARK IL 60035 SFD 7.13 6.500 $ 3,382.07 360
5000170 WILLOWBROOK IL 60521 SFD 7.25 6.500 $ 2,251.19 360
5000171 BLACKLICK OH 43004 SFD 7.25 6.500 $ 1,753.20 360
5000228 GREENBRAE CA 94904 SFD 7.38 6.500 $ 4,447.95 360
5000269 SAN JOSE CA 95135 SFD 7.50 6.500 $ 2,629.05 360
5000347 MINNEAPOLIS MN 55416 SFD 7.13 6.500 $ 2,829.62 360
5000355 SAN CARLOS CA 94070 SFD 7.25 6.500 $ 2,755.99 360
5000358 EDINA MN 55436 SFD 6.88 6.500 $ 1,747.44 360
5000362 CROWN POINT IN 46307 SFD 7.25 6.500 $ 2,060.18 360
5000367 PRIOR LAKE MN 55372 SFD 6.75 6.483 $ 2,265.89 240
5000375 PALO ALTO CA 94306 SFD 7.88 6.500 $ 2,900.28 360
5000376 FT MYERS FL 33908 SFD 7.00 6.500 $ 2,162.24 360
5000381 LEXINGTON KY 40502 SFD 6.88 6.500 $ 1,839.41 360
5000383 ST LOUIS MO 63122 SFD 7.38 6.500 $ 1,773.66 360
5000387 SAINT CHARLES IL 60174 SFD 7.25 6.500 $ 1,903.28 360
5000392 LAGUNA BEACH CA 92651 SFD 7.38 6.500 $ 4,282.19 360
5000398 CINCINNATI OH 45242 SFD 7.00 6.500 $ 2,988.88 360
5000399 FOX POINT WI 53217 SFD 7.13 6.500 $ 3,099.11 360
5000402 LEXINGTON KY 40502 SFD 7.00 6.500 $ 2,480.96 240
5000403 IRVINE CA 92618 SFD 7.13 6.500 $ 1,927.17 360
5000406 SHOREWOOD MN 55364 SFD 6.75 6.483 $ 1,978.23 360
5000409 GALENA IL 61036 SFD 7.50 6.500 $ 1,838.94 360
5000411 DELAFIELD WI 53072 SFD 7.00 6.500 $ 2,972.72 300
5000412 WILDWOOD MO 63005 SFD 7.25 6.500 $ 2,078.59 360
5000415 PEWAUKEE WI 53072 SFD 7.38 6.500 $ 2,210.17 360
5000480 VILLAGE OF PINECREST FL 33156 SFD 7.00 6.500 $ 3,007.17 360
5000486 SHOREWOOD MN 55331 SFD 7.00 6.500 $ 2,309.94 360
5000491 BELMONT CA 94002 SFD 6.88 6.500 $ 1,944.51 360
5000507 BURBANK CA 91505 SFD 7.38 6.500 $ 3,309.72 360
5000510 SUNNYVALE CA 94087 SFD 6.63 6.358 $ 2,645.76 360
5000520 SIMI VALLEY CA 93065 SFD 7.38 6.500 $ 2,604.54 360
5000525 MANHATTAN BEACH CA 90266 SFD 6.50 6.233 $ 1,739.45 360
5000540 CHICAGO IL 60625 SFD 7.13 6.500 $ 2,027.90 360
5000544 SAN JOSE CA 95132 SFD 6.88 6.500 $ 2,496.33 360
5000550 ROCHESTER MN 55902 SFD 7.00 6.500 $ 1,969.30 360
5000602 DAVIDSONVILLE MD 21035 SFD 7.13 6.500 $ 2,614.70 360
5000608 CHULA VISTA CA 91910 SFD 7.50 6.500 $ 804.10 360
5000620 LONGMONT CO 80503 SFD 7.50 6.500 $ 811.09 360
5000623 SUNNYVALE CA 94087 SFD 8.00 6.500 $ 3,595.45 360
5000666 BEVERLY HILLS CA 90210 SFD 6.88 6.500 $ 3,383.19 360
5000676 GLEN ELLYN IL 60137 SFD 6.88 6.500 $ 2,172.92 240
5000785 VACAVILLE CA 95688 SFD 7.38 6.500 $ 2,279.23 360
5000787 BOULDER CO 80301 LCO 7.38 6.500 $ 531.82 360
5000792 REDLANDS CA 92373 SFD 7.13 6.500 $ 673.04 360
5000810 DAVIS CA 95616 SFD 7.00 6.500 $ 3,273.29 360
5000818 COKATO MN 55321 SFD 7.50 6.500 $ 2,146.59 360
5000822 SUNNYVALE CA 94086 SFD 7.13 6.500 $ 2,395.75 360
5000828 MANITOWOC WI 54220 SFD 7.25 6.500 $ 1,729.32 360
5000830 SAN DIEGO CA 92129 SFD 6.50 6.233 $ 1,820.36 360
5000840 WADSWORTH IL 60083 SFD 7.00 6.500 $ 1,746.42 360
5000843 CHANHASSEN MN 55317 SFD 7.00 6.500 $ 1,942.68 360
5000857 ATLANTA GA 30307 SFD 7.13 6.500 $ 2,209.80 360
5000860 SCOTTSDALE AZ 85259 SFD 6.75 6.483 $ 3,372.72 360
5000869 SUNNYVALE CA 94087 SFD 7.38 6.500 $ 2,023.68 360
5000873 ROHNERT PARK CA 94928 SFD 7.00 6.500 $ 1,111.06 360
5000875 ROSEVILLE MN 55113 SFD 6.88 6.500 $ 3,777.35 360
5000897 EDEN PRAIRIE MN 55347 SFD 6.88 6.500 $ 1,601.27 360
5000899 CHANHASSEN MN 55317 SFD 6.88 6.500 $ 2,927.28 360
5000925 ROWLETT TX 75088 SFD 6.75 6.483 $ 966.41 360
5000938 WEST BLOOMFIELD MI 48324 SFD 7.13 6.500 $ 1,986.80 360
5000970 ORONO MN 55391 SFD 6.88 6.500 $ 1,970.79 360
5000984 MUNSTER IN 46321 SFD 7.38 6.500 $ 1,768.13 360
5000990 PARK RIDGE IL 60068 SFD 7.25 6.500 $ 2,564.98 360
5001004 GLENDALE CA 91202 SFD 7.13 6.500 $ 1,195.85 360
5001049 FREMONT CA 94536 SFD 7.13 6.500 $ 1,735.50 360
5001071 CHARLESTON SC 29401 SFD 7.13 6.500 $ 3,099.11 360
5001081 WEST BEND WI 53095 SFD 7.25 6.500 $ 3,079.35 360
5001092 FOREST LAKE MN 55025 SFD 6.88 6.500 $ 2,062.76 360
5001097 AVON CT 06001 SFD 6.75 6.483 $ 2,853.84 360
5001101 MINNETONKA MN 55391 SFD 7.00 6.500 $ 3,027.13 360
5001105 HIGHLAND PARK IL 60035 SFD 7.38 6.500 $ 2,503.01 360
5001107 NEWARK DE 19711 SFD 7.25 6.500 $ 2,271.03 360
5001116 ENCINITAS CA 92007 SFD 7.00 6.500 $ 1,969.30 360
5001118 KEY WEST FL 33040 SFD 7.25 6.500 $ 2,210.26 360
5001125 DALLAS TX 75218 SFD 7.00 6.500 $ 958.04 360
5001127 KENILWORTH IL 60043 SFD 7.25 6.500 $ 2,324.86 360
5001128 CHICAGO IL 60641 SFD 7.00 6.500 $ 999.62 360
5001133 OMAHA NE 68164 SFD 7.13 6.500 $ 1,967.26 360
5001155 NAPERVILLE IL 60540 SFD 7.25 6.500 $ 1,873.94 360
5001179 BURLINGAME CA 94010 SFD 7.25 6.500 $ 2,742.35 360
5001191 AUBURN CA 95602 SFD 7.25 6.500 $ 4,297.72 360
5001204 OAKLAND CA 94611 SFD 7.75 6.500 $ 2,758.19 360
5001219 TOPANGA CA 90290 SFD 7.38 6.500 $ 3,280.71 360
5001224 WEST HILLS CA 91304 SFD 7.50 6.500 $ 2,412.30 360
5001251 DALLAS TX 75225 SFD 7.00 6.500 $ 3,720.38 360
5001266 BRENTWOOD CA 90025 LCO 7.00 6.500 $ 1,689.87 360
5001370 DULUTH GA 30067 SFD 7.00 6.500 $ 2,162.23 360
5001394 BASKING RIDGE NJ 07920 SFD 7.38 6.500 $ 2,051.31 360
5001478 SAN BRUNO CA 94066 SFD 7.25 6.500 $ 1,743.31 360
5001484 CUPERTINO CA 95014 SFD 6.50 6.233 $ 2,717.90 360
5001580 LEXINGTON KY 40505 SFD 6.88 6.500 $ 1,816.41 360
5001608 GATES MILLS OH 44040 SFD 6.88 6.500 $ 2,266.41 360
5001637 SAN MATEO CA 94403 SFD 7.38 6.500 $ 1,550.57 360
5001659 CHICAGO IL 60614 SFD 7.25 6.500 $ 2,605.91 360
5001660 AUBREY TX 76227 SFD 7.00 6.500 $ 2,661.21 360
5001672 CUPERTINO CA 95014 SFD 7.88 6.500 $ 3,262.82 360
5001683 ST. LOUIS MO 63108 SFD 6.88 6.500 $ 1,872.91 360
5001686 SAN ANTONIO TX 78255 SFD 7.13 6.500 $ 1,111.64 360
5001695 PLYMOUTH TOWNSHIP MI 48170 PUD 7.50 6.500 $ 2,540.60 360
5001724 SAN JOSE CA 95129 SFD 7.25 6.500 $ 2,182.97 360
5001740 SAN JOSE CA 95129 SFD 7.13 6.500 $ 4,284.85 360
5001746 MENLO PARK CA 94025 SFD 6.88 6.500 $ 1,740.87 360
5001766 MALIBU CA 90265 SFD 6.88 6.500 $ 2,364.94 360
5001767 SAN JOSE CA 95135 SFD 7.13 6.500 $ 2,694.87 360
5001802 MIDDLETON WI 53528 SFD 7.13 6.500 $ 2,358.02 360
5001803 KEY WEST FL 33040 SFD 7.38 6.500 $ 1,734.29 360
5001807 MARINE ON SAINT CROIX MN 55047 SFD 6.88 6.500 $ 2,361.01 360
5001824 MEQUON WI 53092 SFD 7.13 6.500 $ 2,492.76 360
5001866 CLARKSVILLE TN 37043 SFD 6.95 6.500 $ 1,729.34 360
5001891 HILLSBOROUGH CA 94010 SFD 6.63 6.358 $ 3,201.56 360
5001895 SANTA ANA CA 92705 SFD 7.75 6.500 $ 4,656.68 360
5001908 MEDINA OH 44256 SFD 7.00 6.500 $ 2,341.86 360
5001931 BONITA CA 91902 SFD 7.38 6.500 $ 1,899.36 360
5001958 RIVERSIDE CA 92506 SFD 7.00 6.500 $ 2,847.49 360
5001967 TORRANCE CA 90503 SFD 7.63 6.500 $ 1,727.02 360
5001995 CUPERTINO CA 95014 SFD 7.50 6.500 $ 3,160.45 360
5002013 WEST HILLS CA 91307 SFD 7.00 6.500 $ 1,783.01 360
5002066 SALINAS CA 93906 SFD 6.88 6.500 $ 1,150.94 360
5002093 COPPELL TX 75019 SFD 6.75 6.483 $ 2,247.07 360
5002119 FREMONT CA 94539 SFD 7.00 6.500 $ 3,220.06 360
5002147 RANCHO PALOS VERDES CA 90275 SFD 6.63 6.358 $ 2,221.88 360
5002167 SAN CLEMENTE CA 92672 SFD 7.88 6.500 $ 6,289.98 360
5002186 MILWAUKEE WI 53211 SFD 7.63 6.500 $ 1,504.07 360
5002220 MUKILTEO WA 98275 SFD 7.38 6.500 $ 1,715.64 360
5002257 HALF MOON BAY CA 94019 SFD 7.25 6.500 $ 2,504.96 360
5002300 HOUSTON TX 77005 SFD 7.13 6.500 $ 2,492.76 360
5002315 DANVILLE CA 94506 SFD 6.88 6.500 $ 2,542.32 360
5002318 SAN FRANCISCO CA 94109 LCO 7.25 6.500 $ 4,323.98 360
5002343 TEMECULA CA 92590 SFD 7.63 6.500 $ 1,763.82 360
5002458 TAMPA FL 33609 SFD 7.00 6.500 $ 1,739.77 360
5002482 SAN MATEO CA 94403 SFD 7.88 6.500 $ 2,882.16 360
5002502 CINCINNATI OH 45243 SFD 7.13 6.500 $ 4,204.01 360
5002530 WINNETKA IL 60093 SFD 7.25 6.500 $ 1,944.20 360
5002535 CHICAGO IL 60605 PUD 7.25 6.500 $ 1,964.67 360
5002536 SAN RAMON CA 94583 SFD 7.50 6.500 $ 2,648.63 360
5002557 PLYMOUTH MN 55441 SFD 6.88 6.500 $ 1,640.36 360
5002572 FRANKLIN OH 45030 SFD 7.13 6.500 $ 2,209.80 360
5002576 FREMONT CA 94538 SFD 7.00 6.500 $ 3,748.98 360
5002585 DALLAS TX 75225 SFD 6.75 6.483 $ 2,497.11 360
5002587 VERNON HILLS IL 60061 SFD 7.25 6.500 $ 2,174.04 351
5002588 NAPERVILLE IL 60564 SFD 7.25 6.500 $ 3,429.95 353
5002604 JENSEN BEACH FL 34994 SFD 6.75 6.483 $ 2,918.70 360
5002615 LOS ANGELES CA 90024 SFD 7.13 6.500 $ 3,018.26 360
5002622 CRYSTAL LAKE IL 60012 SFD 7.13 6.500 $ 1,727.42 360
5002656 SAN FRANCISCO CA 94103 SFD 7.88 6.500 $ 1,767.36 360
5002658 ESCONDIDO CA 92026 SFD 6.63 6.358 $ 2,445.99 360
5002675 MORGAN HILL CA 95037 SFD 7.00 6.500 $ 2,328.56 360
5002704 POWAY CA 92064 SFD 7.13 6.500 $ 1,967.26 360
5002720 PLYMOUTH MN 55446 SFD 6.95 6.500 $ 1,721.07 360
5002737 FREMONT CA 94539 SFD 7.38 6.500 $ 4,489.39 360
5002748 BIRMINGHAM MI 48009 SFD 7.13 6.500 $ 1,684.30 360
5002764 SUNNYVALE CA 94087 SFD 6.88 6.500 $ 2,358.38 360
5002792 LOS GATOS CA 95032 SFD 7.25 6.500 $ 4,434.15 360
5002798 BELLEVUE WA 98008 SFD 7.13 6.500 $ 1,663.75 360
5002805 COROLLA NC 27927 SFD 7.13 6.500 $ 1,950.02 360
5002891 ANCHORAGE AK 99516 SFD 7.13 6.500 $ 3,617.71 360
5002900 HIGHLAND UT 84003 SFD 7.25 6.500 $ 4,434.15 360
5002957 MANHATTAN BEACH CA 90266 SFD 7.00 6.500 $ 2,847.50 360
5002979 ALTADENA CA 91001 SFD 7.00 6.500 $ 1,871.17 360
5003057 LAFAYETTE CA 94549 SFD 7.13 6.500 $ 4,042.32 360
5003143 LIVERMORE CA 94550 SFD 7.38 6.500 $ 1,719.79 360
5003144 NASHVILLE TN 37215 SFD 7.13 6.500 $ 2,425.38 360
5003209 HOUSTON TX 77056 SFD 6.75 6.483 $ 3,187.86 360
5003228 STAMFORD CT 06905 LCO 7.38 6.500 $ 1,806.26 360
5003283 BRYN MAWR PA 19010 SFD 7.13 6.500 $ 1,852.73 360
5003289 SAN MATEO CA 94403 SFD 6.88 6.500 $ 1,652.18 360
5003308 SARATOGA CA 95070 SFD 7.38 6.500 $ 3,259.99 360
5003383 BOWIE MD 20716 SFD 7.50 6.500 $ 3,853.73 360
5003453 SAN JOSE CA 95148 SFD 7.50 6.500 $ 2,144.50 360
5003483 OAKLEY CA 94561 SFD 7.13 6.500 $ 1,920.10 360
5003525 SAN ANSELMO CA 94960 SFD 7.13 6.500 $ 2,320.96 360
5003534 SAN RAMON CA 94583 LCO 7.13 6.500 $ 1,944.36 360
5003549 SAUSALITO CA 94965 SFD 7.38 6.500 $ 2,154.91 360
5003572 NOVATO CA 94949 SFD 7.00 6.500 $ 1,995.91 360
5003591 BAYPORT NY 11705 SFD 7.50 6.500 $ 2,027.72 360
5003593 SAN ANTONIO TX 78212 SFD 7.00 6.500 $ 3,991.82 360
5003598 GRANITE BAY CA 95746 SFD 7.13 6.500 $ 1,994.21 360
5003600 AGOURA CA 91301 SFD 7.25 6.500 $ 3,103.91 360
5003627 IRVINE CA 92620 SFD 6.88 6.500 $ 2,627.72 360
5003641 BELMONT CA 94002 SFD 7.25 6.500 $ 2,653.67 360
5003644 LOS ALTOS CA 94024 SFD 7.25 6.500 $ 5,457.42 360
5003674 HALF MOON BAY CA 94019 SFD 7.13 6.500 $ 2,663.89 360
5003727 SAN JOSE CA 95134 PUD 7.38 6.500 $ 1,933.90 360
5003766 EDINA MN 55424 SFD 6.88 6.500 $ 1,937.94 360
5003770 CUMMING GA 30041 SFD 7.63 6.500 $ 2,388.80 360
5003779 SAN RAFAEL CA 94901 SFD 7.13 6.500 $ 1,899.89 360
5003820 SANTA CRUZ CA 95065 SFD 7.00 6.500 $ 1,736.44 360
5003872 HEALDSBURG CA 95448 SFD 7.00 6.500 $ 2,408.40 360
5003925 REDMOND WA 98052 SFD 7.25 6.500 $ 3,243.75 360
5003935 THOUSAND OAKS CA 91362 SFD 7.13 6.500 $ 3,604.39 360
5003939 SAN LEANDRO CA 94579 SFD 6.88 6.500 $ 1,710.32 360
5003971 BURLINGAME CA 94010 SFD 7.00 6.500 $ 2,957.27 360
5003974 IRVINE CA 92606 SFD 6.88 6.500 $ 1,883.42 360
5003984 AVENTURA FL 33180 HCO 7.25 6.500 $ 4,028.94 360
5003994 HUNTINGTON STATION NY 11746 SFD 7.38 6.500 $ 2,175.63 360
5003996 REDWOOD CITY CA 94062 SFD 7.00 6.500 $ 4,324.47 360
5004021 ELK GROVE CA 95758 SFD 6.75 6.483 $ 1,793.37 360
5004041 SAN CARLOS CA 94070 SFD 7.00 6.500 $ 2,029.17 360
5004044 SAN JOSE CA 95135 SFD 7.00 6.500 $ 2,015.87 360
5004054 TIBURON CA 94920 SFD 6.75 6.483 $ 4,215.89 360
5004118 SAN JOSE CA 95120 SFD 7.25 6.500 $ 2,892.43 360
5004133 SAN FRANCISCO CA 94116 SFD 7.50 6.500 $ 3,630.33 360
5004136 MISSION VIEJO CA 92692 SFD 6.75 6.483 $ 2,101.46 360
5004190 LAFAYETTE CA 94549 SFD 7.00 6.500 $ 1,899.44 360
5004232 CUPERTINO CA 95014 SFD 7.25 6.500 $ 1,882.81 360
5004258 BEN LOMOND CA 95005 SFD 7.13 6.500 $ 1,940.31 360
5004272 SAN FRANCISCO CA 94131 SFD 7.25 6.500 $ 2,137.95 360
5004330 DUBLIN CA 94568 SFD 6.75 6.483 $ 1,880.93 360
5004358 DANA POINT CA 92629 SFD 6.63 6.358 $ 1,888.92 360
5004360 GILROY CA 95020 SFD 7.25 6.500 $ 2,223.90 360
5004409 SALT LAKE CITY UT 84107 SFD 7.25 6.500 $ 1,800.95 360
5004483 CARROLTON TX 75007 SFD 7.50 6.500 $ 1,730.56 360
5004493 LIVERMORE CA 94550 SFD 6.88 6.500 $ 1,859.11 360
5004566 SAN MATEO CA 94403 SFD 7.63 6.500 $ 2,468.79 360
5004611 FOSTER CITY CA 94404 SFD 6.75 6.483 $ 1,899.42 360
5004689 CAMPBELL CA 95008 SFD 7.50 6.500 $ 1,929.83 360
5004810 PLACERVILLE CA 95667 SFD 7.00 6.500 $ 1,937.36 360
5004910 SAN JOSE CA 95127 SFD 7.38 6.500 $ 2,148.00 360
5004933 LOS ALTOS CA 94024 SFD 7.38 6.500 $ 2,755.80 360
5004948 SIMI VALLEY CA 93065 SFD 6.75 6.483 $ 1,926.34 360
5004954 PLANO TX 75093 SFD 7.38 6.500 $ 2,610.76 360
5004970 WILTON CT 06897 SFD 7.25 6.500 $ 4,707.02 360
5004987 SAN JOSE CA 95131 SFD 8.00 6.500 $ 1,967.23 360
5005101 ARCADIA CA 91007 SFD 7.00 6.500 $ 1,995.91 360
5005102 SAN JOSE CA 95117 SFD 7.13 6.500 $ 1,684.30 360
5005119 LAGUNA BEACH CA 92651 SFD 7.00 6.500 $ 3,326.52 360
5005151 LA CANADA FLINTRIDGE CA 91011 SFD 6.88 6.500 $ 3,153.26 360
5005155 SCOTTSDALE AZ 85255 SFD 6.50 6.233 $ 3,871.42 360
5005223 WESTON FL 33327 SFD 7.63 6.500 $ 1,415.59 360
5005257 GILROY CA 95020 SFD 7.50 6.500 $ 1,870.40 360
5005259 SAN FRANCISCO CA 94121 SFD 6.63 6.358 $ 2,985.77 360
5005374 BEAUMONT TX 77706 SFD 6.88 6.500 $ 3,284.65 360
5005490 SAN JOSE CA 95120 SFD 7.75 6.500 $ 2,865.65 360
5005514 MONROE CT 06468 SFD 7.25 6.500 $ 1,800.40 360
5005720 KELLER TX 76248 SFD 6.88 6.500 $ 2,020.06 360
5005737 FOOTHILL RANCH CA 92610 SFD 7.00 6.500 $ 1,756.40 360
5005769 AUBURN CA 95602 SFD 6.88 6.500 $ 4,270.04 360
5005820 GARDEN CITY NY 11530 SFD 6.88 6.500 $ 2,010.21 360
5005835 MISSION VIEJO CA 92691 SFD 7.38 6.500 $ 2,016.78 360
5005853 FULLERTON CA 92633 SFD 7.25 6.500 $ 2,028.12 360
5005876 LOS ANGELES CA 90046 SFD 7.50 6.500 $ 4,377.09 360
5005956 OJAI CA 93023 SFD 7.00 6.500 $ 2,328.56 360
5006019 SANTA CLARA CA 95051 SFD 7.38 6.500 $ 1,958.07 360
5006025 HOUSTON TX 77006 SFD 7.13 6.500 $ 1,877.32 360
5006138 HOUSTON TX 77069 PUD 7.25 6.500 $ 3,218.51 360
5006321 REDWOOD CITY CA 94061 SFD 6.88 6.500 $ 3,095.45 360
5006357 PACIFIC PALISADES CA 90272 SFD 7.25 6.500 $ 2,401.27 360
5006395 SAN RAMON CA 94583 SFD 7.38 6.500 $ 2,002.96 360
5006441 LOS ALTOS HILLS CA 94022 SFD 7.00 6.500 $ 3,565.36 360
5006470 LAGUNA BEACH CA 92651 SFD 6.75 6.483 $ 3,268.94 360
5006501 SAN FRANCISCO CA 94107 HCO 7.25 6.500 $ 2,640.03 360
5006543 DISCOVERY BAY CA 94514 SFD 7.63 6.500 $ 1,911.05 360
5006544 SIMI VALLEY CA 93065 SFD 6.63 6.358 $ 1,780.06 360
5006588 SAN RAFAEL CA 94901 SFD 6.75 6.483 $ 2,235.07 360
5006603 CHAPPAQUA NY 10514 SFD 7.38 6.500 $ 3,384.31 360
5006609 SANTA BARBARA CA 93105 SFD 7.00 6.500 $ 2,328.56 360
5006653 BROOKLYN NY 11231 MF2 7.63 6.500 $ 2,592.65 360
5006666 VILLA PARK CA 92861 SFD 6.75 6.483 $ 2,659.25 360
5006684 SAUSALITO CA 94965 SFD 6.63 6.358 $ 2,401.17 360
5006718 GLEN ELLEN CA 95442 SFD 6.88 6.500 $ 2,364.94 360
5006754 SAN FRANCISCO CA 94112 SFD 7.25 6.500 $ 1,897.13 360
5006781 ROLLING HILLS ESTATES CA 90274 SFD 7.13 6.500 $ 2,270.43 360
5006812 FREMONT CA 94539 SFD 6.88 6.500 $ 2,299.25 360
5006924 SAN DIEGO CA 92131 SFD 6.88 6.500 $ 1,806.55 360
5006941 SAN DIEGO CA 92014 SFD 6.50 6.233 $ 2,547.23 360
5006953 SAN FRANCISCO CA 94109 LCO 7.00 6.500 $ 3,958.55 360
5006959 SAN FRANCISCO CA 94127 SFD 6.75 6.483 $ 1,829.05 360
5006989 MELVILLE NY 11747 SFD 7.25 6.500 $ 2,395.80 360
5007004 PHOENIX MD 21131 SFD 7.13 6.500 $ 1,894.84 360
5007078 SAN JOSE CA 95135 SFD 7.38 6.500 $ 3,304.19 360
5007257 FRANKLIN TN 37064 SFD 7.25 6.500 $ 3,035.69 360
5007276 FT. WORTH TX 76109 SFD 7.38 6.500 $ 4,489.39 360
5007289 GLENDALE CA 91201 SFD 7.25 6.500 $ 2,353.51 360
5007309 SAN MARINO CA 91108 SFD 7.00 6.500 $ 3,193.46 360
5007324 SAN JOSE CA 95135 SFD 7.38 6.500 $ 2,072.03 360
5007328 LOS ANGELES CA 91100 SFD 7.13 6.500 $ 2,102.01 360
5007339 COTTAGE GROVE OR 97424 SFD 7.00 6.500 $ 2,428.36 360
5007346 SAN CLEMENTE CA 92673 SFD 7.25 6.500 $ 2,046.53 360
5007360 THOUSAND OAKS CA 91361 SFD 7.25 6.500 $ 2,046.53 360
5007376 LOS ANGELES CA 90039 SFD 7.00 6.500 $ 2,142.94 360
5007391 SAN ANTONIO TX 78258 SFD 7.25 6.500 $ 1,866.44 360
5007433 BENTONVILLE AR 72712 SFD 6.88 6.500 $ 1,839.40 360
5007681 SHOREWOOD WI 53211 SFD 7.13 6.500 $ 1,819.04 360
5007700 NOVI MI 48377 LCO 7.25 6.500 $ 2,034.25 360
5007710 MIDDLETON WI 53562 SFD 7.13 6.500 $ 3,865.86 360
5007719 LA VERNE CA 91750 SFD 7.25 6.500 $ 2,406.38 360
5007832 O''FALLON MO 63366 SFD 7.00 6.500 $ 1,739.77 360
5007900 WOODSIDE CA 94062 SFD 6.88 6.500 $ 2,713.12 360
5007923 SAN RAMON CA 94583 SFD 7.38 6.500 $ 2,472.62 360
5008085 FOOTHILL RANCH CA 92610 PUD 7.50 6.500 $ 1,817.96 360
5008106 DENVER CO 80220 SFD 7.13 6.500 $ 3,368.59 360
5008133 MOUNTAIN VIEW CA 94941 SFD 6.88 6.500 $ 1,970.79 360
5008215 HILLSBOROUGH CA 94010 SFD 7.50 6.500 $ 5,063.72 360
5008301 PLEASANTON CA 94588 SFD 7.38 6.500 $ 1,899.36 360
5008368 NEW HILL NC 27562 SFD 7.50 6.500 $ 1,831.95 360
5008425 PACIFICA CA 94044 SFD 7.38 6.500 $ 1,697.68 360
5008476 FOSTER CITY CA 94404 SFD 7.38 6.500 $ 2,659.10 360
5008581 ANAHEIM CA 92807 SFD 7.13 6.500 $ 1,832.52 360
5008609 HERMOSA BEACH CA 90254 LCO 7.63 6.500 $ 1,928.74 360
5008654 LAS VEGAS NV 89129 SFD 7.25 6.500 $ 1,785.94 360
5008659 SHERMAN OAKS CA 91423 SFD 7.25 6.500 $ 2,981.11 360
5008690 SEATTLE WA 98116 SFD 7.13 6.500 $ 2,102.00 360
5008881 PALOS VERDES ESTATES CA 90274 SFD 6.75 6.483 $ 2,464.68 360
5008949 LOS ANGELES CA 90046 SFD 6.88 6.500 $ 3,425.89 360
5009136 LOS ALTOS CA 94024 SFD 7.25 6.500 $ 2,633.21 360
5009319 JENKS OK 74037 SFD 7.25 6.500 $ 4,311.35 360
5009855 NEWPORT BEACH CA 92660 SFD 7.13 6.500 $ 3,456.18 360
5009872 CUPERTINO CA 95014 SFD 7.00 6.500 $ 1,862.85 360
5009929 GLENDALE CA 91206 SFD 7.00 6.500 $ 3,033.78 360
5009937 SAN FRANCISCO CA 94121 SFD 8.00 6.500 $ 2,825.00 360
5009952 FLOWER MOUND TX 75022 SFD 7.38 6.500 $ 1,962.56 360
5009963 PASADENA CA 91105 SFD 7.00 6.500 $ 2,927.34 360
5009996 SAN DIEGO CA 92130 SFD 7.13 6.500 $ 2,492.76 360
5010017 RANCHO PALOS VERDES CA 90275 SFD 7.00 6.500 $ 1,675.24 360
5010370 NORTHRIDGE CA 91324 SFD 7.25 6.500 $ 2,107.92 360
5010428 NEW CITY NY 10956 SFD 7.38 6.500 $ 2,362.11 360
5010672 SANTA CLARA CA 95050 SFD 6.75 6.483 $ 1,774.57 360
5010675 SCOTTSDALE AZ 85254 SFD 7.38 6.500 $ 2,034.04 360
5010746 WALNUT CREEK CA 94598 SFD 7.75 6.500 $ 3,259.68 360
5010774 SPRING HILL KS 66083 SFD 7.25 6.500 $ 1,989.23 360
5010839 IRVINE CA 92612 SFD 7.00 6.500 $ 2,012.55 360
5010855 MANHATTAN BEACH CA 90266 SFD 7.00 6.500 $ 2,328.56 360
5010870 CARMEL VALLEY CA 93924 SFD 7.38 6.500 $ 2,417.37 360
5010872 SAN JOSE CA 95127 SFD 7.25 6.500 $ 1,869.17 360
5010934 LA CANADA FLINTRIDGE CA 91011 SFD 6.50 6.233 $ 2,654.69 360
5011013 PACIFIC PALISADES CA 90272 SFD 7.50 6.500 $ 4,020.49 360
5011142 NEWPORT COAST AREA CA 92657 SFD 7.13 6.500 $ 3,537.03 360
5011169 GREENWICH CT 06831 SFD 7.13 6.500 $ 2,162.64 360
5011183 REDWOOD CITY CA 94062 SFD 7.00 6.500 $ 2,677.85 360
5011209 BORREGO SPRINGS CA 92004 SFD 7.00 6.500 $ 1,755.74 360
5011215 BURLINGAME CA 94010 SFD 7.00 6.500 $ 2,794.28 360
5011235 PONTE VEDRA BEACH FL 32082 SFD 7.13 6.500 $ 2,708.35 360
5011251 IRVINE CA 92612 SFD 7.00 6.500 $ 4,324.47 360
5011262 LA VERNE CA 91750 SFD 7.00 6.500 $ 2,152.92 360
5011383 SEAL BEACH CA 90740 SFD 6.75 6.483 $ 2,231.18 360
5011421 SUNNYVALE CA 94087 SFD 7.88 6.500 $ 3,016.29 360
5011445 MENLO PARK CA 94025 SFD 7.50 6.500 $ 4,491.75 360
5011809 BRONX NY 10465 SFD 7.00 6.500 $ 1,995.91 360
5011845 GLENWOOD MD 21738 SFD 7.38 6.500 $ 3,177.11 360
5011881 HOLIDAY ISLAND AR 72631 SFD 6.50 6.233 $ 1,739.14 360
5012071 LOS ANGELES CA 91604 SFD 7.25 6.500 $ 1,829.60 360
5012080 MORGAN HILL CA 95037 SFD 7.63 6.500 $ 1,725.61 360
5012324 RANCHO SANTA FE AREA CA 92067 SFD 7.00 6.500 $ 2,454.97 360
5012530 EDGEWATER NJ 07020 LCO 7.25 6.500 $ 2,240.95 360
5012605 GRASS VALLEY CA 94949 SFD 7.50 6.500 $ 2,622.06 360
5012766 SAN DIEGO CA 92129 SFD 7.50 6.500 $ 2,118.62 360
5012807 SAN CARLOS CA 94070 SFD 7.38 6.500 $ 2,627.33 360
5012864 SANTA ANA CA 92705 SFD 7.38 6.500 $ 2,900.84 360
5012896 SAN FRANCISCO CA 94103 LCO 6.38 6.108 $ 1,087.88 360
5012966 SAN RAFAEL CA 94901 SFD 7.25 6.500 $ 2,382.85 360
5013615 FARMINGTON UT 84025 SFD 7.13 6.500 $ 4,379.17 360
5013963 OKLAHOMA CITY OK 73142 SFD 7.25 6.500 $ 2,899.25 360
5014345 SANTA CRUZ CA 95060 SFD 7.25 6.500 $ 2,387.62 360
5014419 MABANK TX 75147 SFD 6.75 6.483 $ 2,497.11 360
5014459 DALY CITY CA 94014 SFD 7.88 6.500 $ 2,169.78 360
5014491 SAN JOSE CA 95138 SFD 7.25 6.500 $ 4,185.16 360
5014597 WEST NYACK NY 10994 SFD 7.50 6.500 $ 3,663.88 360
5014663 LOS ANGELES CA 91436 SFD 7.63 6.500 $ 2,887.80 360
5015059 JAMUL CA 91935 SFD 6.88 6.500 $ 2,154.73 360
5015283 CAMARILLO AREA CA 93012 SFD 7.00 6.500 $ 2,401.74 360
5015344 SCOTTS VALLEY CA 95066 SFD 7.25 6.500 $ 2,012.42 360
5015638 SAN JOSE CA 95125 SFD 6.88 6.500 $ 2,509.47 360
5015794 CARSON CITY NV 89704 SFD 7.00 6.500 $ 3,024.47 360
5015800 RANCHO PALOS VERDES CA 90275 SFD 7.00 6.500 $ 2,013.88 360
5015810 NEWPORT COAST AREA CA 92657 SFD 7.00 6.500 $ 3,659.17 360
5015836 HERMOSA BEACH CA 90254 SFD 6.88 6.500 $ 1,990.50 360
5015852 BRADBURY CA 91010 SFD 7.38 6.500 $ 4,365.07 360
5016554 MENLO PARK CA 94025 SFD 7.25 6.500 $ 3,447.38 360
5016847 SAN PEDRO CA 90732 SFD 6.75 6.483 $ 1,679.87 360
5016939 FAIR OAKS CA 95628 SFD 6.88 6.500 $ 1,740.86 360
5017021 SAN CLEMENTE CA 92672 SFD 7.38 6.500 $ 3,021.70 360
5017024 AGOURA CA 91301 SFD 6.75 6.483 $ 1,795.32 360
5017101 FOREST HILLS NY 11375 MF2 7.13 6.500 $ 2,964.36 360
5017126 SCOTTSDALE AZ 85259 SFD 7.13 6.500 $ 1,878.33 360
5017152 MARCO ISLAND FL 34145 HCO 7.25 6.500 $ 2,619.56 360
5017161 GLENDALE AZ 85310 SFD 7.00 6.500 $ 2,451.64 360
5017560 LAGUNA NIGUEL CA 92677 SFD 6.88 6.500 $ 2,075.90 360
5018142 LOS GATOS CA 95032 LCO 7.50 6.500 $ 1,845.93 360
5018165 IRVINE CA 92606 SFD 6.75 6.483 $ 2,094.00 360
5018226 NEWPORT BEACH CA 92660 SFD 7.13 6.500 $ 3,314.70 360
5018429 SOUTH PASADENA CA 91030 SFD 7.50 6.500 $ 3,048.58 360
5018432 NEWHALL AREA CA 91321 SFD 7.00 6.500 $ 1,816.28 360
5018446 TEMECULA CA 92592 SFD 6.75 6.483 $ 1,037.76 360
5018521 MILPITAS CA 95035 SFD 7.00 6.500 $ 2,262.03 360
5019844 SUNNYVALE CA 94087 SFD 7.13 6.500 $ 1,751.67 360
5020355 CORONA DEL MAR CA 92625 SFD 6.50 6.233 $ 2,781.10 360
5020646 SUNNYVALE CA 94087 SFD 7.38 6.500 $ 3,073.51 360
5020908 MANHATTAN BEACH CA 90266 SFD 7.25 6.500 $ 1,807.77 360
5020931 FINKSBURG MD 21048 SFD 7.00 6.500 $ 1,965.97 360
5021009 DALLAS TX 75220 SFD 7.00 6.500 $ 2,494.89 360
5021857 SONOMA CA 95476 SFD 6.75 6.483 $ 1,803.11 360
5023609 CAMPBELL CA 95008 SFD 6.88 6.500 $ 3,125.02 360
5024884 HONOLULU HI 96821 SFD 7.00 6.500 $ 2,993.87 360
5025511 BRENTWOOD TN 37027 SFD 7.13 6.500 $ 2,691.50 360
5027196 CENTREVILLE VA 22020 SFD 7.25 6.500 $ 2,524.06 360
5032659 LONG BEACH CA 90803 PUD 7.00 6.500 $ 4,257.94 360
5034354 MUKILTEO WA 98275 SFD 7.25 6.500 $ 2,941.54 360
5035435 MILPITAS CA 95035 SFD 7.25 6.500 $ 1,664.52 360
5035742 BROOKDALE CA 95007 SFD 6.50 6.233 $ 3,387.89 360
5036750 RANCHOS DE TAOS NM 87557 SFD 7.38 6.500 $ 2,417.36 360
6476286 GURNEE IL 60031 SFD 7.25 6.500 $ 2,055.26 360
6484531 PINEHURST NC 28374 SFD 7.38 6.500 $ 1,795.76 360
6626065 BURLINGAME CA 94010 SFD 7.38 6.500 $ 6,906.75 360
6642202 HOPEWELL TWP NJ 08540 SFD 7.38 6.500 $ 3,266.89 360
6722599 EAGLE CO 81631 SFD 7.25 6.500 $ 1,910.09 360
6735714 CORTE MADERA CA 94925 SFD 7.13 6.500 $ 3,368.59 360
6742813 CORTE MADERA CA 94925 SFD 7.13 6.500 $ 3,235.94 360
6759005 ARVADA CO 80005 PUD 7.25 6.500 $ 1,910.09 360
6779894 DANA POINT CA 92629 SFD 7.25 6.500 $ 1,961.94 360
6799858 ARVADA CO 80002 SFD 7.00 6.500 $ 2,544.78 360
6803197 HOLLISTON MA 01746 SFD 6.75 6.483 $ 3,015.51 360
6805955 EUREKA MO 63025 SFD 7.75 6.500 $ 2,243.30 360
6808576 LAS FLORES CA 92688 SFD 6.63 6.358 $ 1,919.97 360
6812199 RIDGEWOOD NJ 07450 SFD 7.25 6.500 $ 3,138.01 360
6824052 BALLWIN MO 63021 SFD 7.25 6.500 $ 2,117.48 360
6829486 MONUMENT CO 80132 PUD 7.13 6.500 $ 3,297.85 360
6862422 CHANDLER AZ 85248 PUD 6.75 6.483 $ 2,011.97 360
6864353 GASTONIA NC 28056 SFD 7.00 6.500 $ 1,784.34 360
6890254 SHOREVIEW MN 55126 SFD 6.88 6.500 $ 1,872.25 360
6907166 AMES IA 50014 SFD 7.50 6.500 $ 1,929.83 360
6908386 CASTLE ROCK CO 80104 SFD 7.00 6.500 $ 2,328.56 360
6942077 SAN DIEGO CA 92173 SFD 7.13 6.500 $ 1,755.71 360
6946307 PRESCOTT AZ 86301 SFD 7.38 6.500 $ 2,707.45 360
6969085 LAFAYETTE CO 80027 SFD 6.50 6.233 $ 1,643.38 360
6978877 STEAMBOAT SPRINGS CO 80477 SFD 7.13 6.500 $ 2,694.87 360
6979997 LARKSPUR CO 80118 SFD 7.38 6.500 $ 3,141.88 360
6980154 COROLLA NC 27927 PUD 7.38 6.500 $ 3,418.84 360
6981273 CHANDLER AZ 85248 SFD 7.13 6.500 $ 2,603.92 360
6989023 MONUMENT CO 80132 SFD 6.88 6.500 $ 1,830.20 360
7005433 ATLANTA GA 30327 SFD 7.13 6.500 $ 1,751.67 360
7024391 ENGLEWOOD CO 80110 SFD 6.88 6.500 $ 4,565.66 360
7026853 CELEBRATION FL 34747 SFD 7.38 6.500 $ 3,315.24 360
7029902 MONTGOMERY TWP NJ 08858 SFD 7.13 6.500 $ 2,358.01 360
7030900 BRAIRCLIFF NY 10510 SFD 7.63 6.500 $ 2,123.38 360
7040579 APPLE VALLEY MN 55124 SFD 7.50 6.500 $ 1,069.80 360
7057812 LITTLE ROCK AR 72212 SFD 7.13 6.500 $ 2,021.16 360
7068958 AMES IA 50014 SFD 7.38 6.500 $ 1,795.76 360
7088249 CAMARILLO CA 93010 SFD 7.00 6.500 $ 1,956.65 360
7094602 SOLEBURY PA 18901 SFD 7.00 6.500 $ 3,911.98 360
7094909 TRABUCO CANYON CA 92679 SFD 7.13 6.500 $ 2,077.41 360
7111750 BARRINGTON IL 60010 SFD 7.38 6.500 $ 2,099.65 360
7113390 CASTLE ROCK CO 80104 SFD 7.00 6.500 $ 2,960.60 360
7113477 NEWTOWN SQUARE PA 19073 SFD 6.75 6.483 $ 1,737.27 360
7117075 FARMINGTON UT 84025 SFD 7.25 6.500 $ 1,916.92 360
7122107 WILDWOOD MO 63021 SFD 7.63 6.500 $ 2,030.66 360
7134604 LAS VEGAS NV 89147 SFD 7.38 6.500 $ 1,770.44 360
7179952 JEFFERSON GA 30549 SFD 7.25 6.500 $ 1,695.21 360
7184832 ONEIDA WI 54155 SFD 7.88 6.500 $ 3,610.85 360
7221017 SAN DIEGO CA 92130 SFD 6.75 6.483 $ 3,713.22 360
7228993 OCEANSIDE CA 92057 PUD 7.75 6.500 $ 2,149.24 360
7234595 RALEIGH NC 27615 SFD 7.13 6.500 $ 1,935.25 360
7237813 DELMAR CA 92014 SFD 6.75 6.483 $ 3,839.70 360
7264394 ASHBURN VA 20147 PUD 7.13 6.500 $ 2,113.70 360
7276850 CHINO HILLS CA 91709 PUD 7.00 6.500 $ 2,328.56 360
7278774 HERNDON VA 20171 SFD 6.50 6.233 $ 1,735.97 360
7289964 TUSTIN CA 92782 SFD 6.75 6.483 $ 3,466.43 360
7297141 MURRIETA CA 92562 SFD 7.50 6.500 $ 1,794.18 360
7300643 CAMARILLO CA 93010 SFD 7.50 6.500 $ 2,730.43 360
7313120 WESTCHESTER IL 60154 SFD 7.25 6.500 $ 1,751.83 360
7322597 CARLSBAD CA 92009 SFD 7.13 6.500 $ 3,783.09 360
7338357 IMPERIAL CA 92251 SFD 7.25 6.500 $ 941.40 360
7349351 SOUTH RIDING VA 20152 SFD 6.63 6.358 $ 1,654.56 360
7354737 DAVIDSON NC 28036 PUD 7.38 6.500 $ 2,119.70 360
7367904 SAN DIEGO CA 92130 PUD 7.13 6.500 $ 3,741.16 360
7386112 VICTORIA MN 55386 SFD 7.50 6.500 $ 2,097.64 360
7394420 TOWN COUNTRY MO 63017 SFD 7.38 6.500 $ 2,983.72 360
7394689 SAN DIEGO CA 92130 SFD 6.75 6.483 $ 3,573.13 360
7396312 DOWNERS GROVE IL 60516 SFD 7.38 6.500 $ 2,867.16 360
7403825 SAN LEANDRO CA 94579 SFD 7.75 6.500 $ 2,800.38 360
7420622 CORTE MADERA CA 94925 PUD 7.38 6.500 $ 3,085.05 360
7426993 ALPINE CA 91901 SFD 7.00 6.500 $ 1,736.44 360
7431703 SPRINGBORO OH 45066 SFD 7.38 6.500 $ 1,910.06 360
7436234 CARY NC 27511 SFD 7.38 6.500 $ 1,989.14 360
7440919 SAN DIEGO CA 92121 SFD 7.00 6.500 $ 1,973.95 360
7445559 SAN JOSE CA 95111 PUD 7.25 6.500 $ 1,811.86 360
7454901 ANNANDALE VA 22003 SFD 6.63 6.358 $ 2,484.41 360
7463298 MEDINA MN 55391 SFD 7.00 6.500 $ 2,029.17 360
7465431 HAIKU HI 96708 SFD 6.63 6.358 $ 1,280.62 360
7466435 ALPHARETTA GA 30022 SFD 7.00 6.500 $ 4,018.43 360
7476749 SAN DIEGO CA 92128 SFD 7.13 6.500 $ 2,743.72 360
7486121 KAMUELA HI 96743 SFD 7.38 6.500 $ 1,415.88 360
7493188 LAFAYETTE CA 94549 SFD 7.25 6.500 $ 6,821.76 360
7495929 ALEXANDRIA VA 22314 SFD 7.13 6.500 $ 2,122.21 360
7496019 FALLBROOK CA 92028 SFD 7.13 6.500 $ 1,821.73 360
7502641 ANGWIN CA 94508 SFD 7.25 6.500 $ 2,449.01 360
7520692 POTOMAC MD 20854 SFD 6.88 6.500 $ 2,956.18 360
7520888 LOS ALTOS HILLS CA 94022 SFD 7.00 6.500 $ 3,782.24 360
7521331 LAKE FOREST IL 60045 SFD 7.75 6.500 $ 2,292.52 360
7521738 MANHATTAN BEACH CA 90266 SFD 6.75 6.483 $ 3,567.29 360
7522740 FREMONT CA 94539 PUD 7.38 6.500 $ 2,210.16 360
7523700 SHORT HILLS NJ 07078 SFD 7.25 6.500 $ 2,019.24 360
7526266 ANNANDALE VA 22003 SFD 6.75 6.483 $ 1,803.10 360
7528030 SAN JUAN CAP CA 92675 SFD 7.25 6.500 $ 2,728.36 360
7528233 CHULA VISTA CA 91910 SFD 7.38 6.500 $ 2,085.84 360
7528806 CRANBERRY TWP PA 16066 SFD 6.75 6.483 $ 2,405.00 360
7535141 LITTLETON CO 80123 SFD 7.13 6.500 $ 2,110.38 360
7535861 NOVATO CA 94949 PUD 7.13 6.500 $ 2,066.08 360
7537973 MONTCLAIR NJ 07042 SFD 7.38 6.500 $ 3,287.61 360
7538026 SNOWMASS VILLAGE CO 81615 LCO 7.13 6.500 $ 2,560.13 360
7543386 FORT COLLINS CO 80525 PUD 6.88 6.500 $ 2,397.79 360
7547993 DURANGO CO 81301 SFD 7.00 6.500 $ 1,649.95 360
7551247 CRAWFORD CO 81415 SFD 7.25 6.500 $ 3,410.88 360
7551804 OLGA WA 98279 SFD 5.63 5.358 $ 3,367.59 360
7552627 FRANKLIN TN 37064 SFD 6.88 6.500 $ 2,068.01 360
7555959 BATAVIA IL 60510 SFD 7.25 6.500 $ 2,930.63 360
7556609 LOS ANGELES CA 90027 SFD 6.75 6.483 $ 2,983.55 360
7556980 OCEAN CITY NJ 08226 LCO 7.38 6.500 $ 2,230.88 360
7559365 GRANITE BAY CA 95746 PUD 7.50 6.500 $ 1,985.77 360
7561010 HUNTINGTON BEACH CA 92648 SFD 7.50 6.500 $ 5,076.30 360
7562705 POTTSTOWN PA 19465 SFD 6.50 6.233 $ 2,307.05 360
7563630 LOS GATOS CA 95030 PUD 7.75 6.500 $ 2,785.41 360
7565988 CAMARILLO CA 93010 SFD 7.25 6.500 $ 2,035.27 360
7568184 BOULDER CO 80301 SFD 7.38 6.500 $ 2,305.13 360
7568399 SAN JOSE CA 95111 PUD 7.50 6.500 $ 1,829.15 360
7568438 CORONADOO CA 92118 SFD 7.50 6.500 $ 3,845.68 360
7568440 EDEN PRAIRIE MN 55347 SFD 7.38 6.500 $ 2,031.97 360
7569705 JAMUL CA 91935 SFD 7.75 6.500 $ 2,149.24 360
7572025 ROGERS AR 72756 SFD 7.50 6.500 $ 1,769.01 360
7572163 GERMANTOWN MD 20876 SFD 7.38 6.500 $ 2,672.91 360
7572923 GRANITE BAY CA 95746 PUD 7.25 6.500 $ 3,176.90 360
7574382 MT AIRY MD 21771 SFD 7.38 6.500 $ 1,689.56 360
7574506 ENCINITAS CA 92024 SFD 6.88 6.500 $ 2,029.91 360
7574773 ORLANDO FL 32819 SFD 6.75 6.483 $ 2,422.51 360
7575103 DELLWOOD MN 55110 SFD 7.38 6.500 $ 2,590.03 360
7576195 SUMNER WA 98390 SFD 7.13 6.500 $ 2,694.87 360
7576492 MARIETTA GA 30068 SFD 6.75 6.483 $ 2,039.84 360
7577223 GREAT FALLS VA 22066 SFD 6.25 5.983 $ 2,398.83 360
7578188 PALATINE IL 60067 SFD 7.38 6.500 $ 1,802.66 360
7578942 BETHESDA MD 20816 SFD 7.00 6.500 $ 2,160.90 360
7579286 MONTCLAIR NJ 07042 SFD 7.50 6.500 $ 2,164.77 360
7581000 ATLANTA GA 30305 SFD 6.75 6.483 $ 6,485.98 360
7581829 MURRIETA CA 92562 SFD 7.50 6.500 $ 1,810.27 360
7582642 BELLEAIR FL 33756 SFD 7.50 6.500 $ 3,188.42 360
7583661 MAPLE GROVE MN 55311 SFD 7.13 6.500 $ 1,806.17 360
7583689 CORONA CA 91719 SFD 7.25 6.500 $ 1,846.65 360
7583919 SAN JOSE CA 95123 SFD 6.88 6.500 $ 1,970.79 360
7583951 MARINA CA 93933 PUD 7.13 6.500 $ 1,765.14 360
7585800 POOLESVILLE MD 20837 SFD 7.00 6.500 $ 2,032.17 360
7586646 CHANHASSEN MN 55317 SFD 6.88 6.500 $ 2,493.70 360
7586855 LAGUNA BEACH CA 92651 SFD 7.00 6.500 $ 2,395.09 360
7587045 SAN DIEGO CA 92109 LCO 7.25 6.500 $ 2,501.54 360
7587742 PAEONIAN SPRINGS VA 20129 SFD 7.50 6.500 $ 2,377.33 360
7588249 QUINCY MA 02171 SFD 6.63 6.358 $ 1,613.58 360
7588291 DARIEN CT 06820 SFD 7.63 6.500 $ 2,157.36 360
7588620 ASPEN CO 81615 LCO 7.50 6.500 $ 2,324.89 360
7589617 WEST END NC 27376 SFD 6.75 6.483 $ 1,803.10 360
7589843 SAN DIEGO CA 92128 PUD 7.00 6.500 $ 1,681.75 360
7590303 LITTLETON CO 80127 SFD 7.50 6.500 $ 2,307.41 360
7590562 ALISO VIEJO AREA CA 92656 PUD 7.00 6.500 $ 1,995.91 360
7590908 SAN DIEGO CA 92129 SFD 7.38 6.500 $ 2,075.48 360
7591458 PASO ROBLES CA 93446 SFD 7.38 6.500 $ 3,988.65 360
7592103 OLD SNOWMASS CO 81654 PUD 7.13 6.500 $ 2,068.32 360
7592250 OXNARD CA 93030 SFD 7.25 6.500 $ 2,509.73 360
7593432 DANVILLE CA 94506 SFD 7.38 6.500 $ 2,791.02 360
7593772 WARREN NJ 07090 SFD 7.25 6.500 $ 3,547.32 360
7594358 FLEMINGTON NJ 08822 SFD 7.38 6.500 $ 1,954.61 360
7594805 ATLANTA GA 30306 SFD 6.75 6.483 $ 1,974.98 360
7595717 SAN DIEGO CA 92109 SFD 7.00 6.500 $ 1,756.40 360
7595975 VALLEJO CA 94591 SFD 7.13 6.500 $ 1,667.45 360
7596851 DENVER CO 80237 PUD 7.50 6.500 $ 2,517.17 360
7596939 KEYSTONE CO 80435 LCO 7.00 6.500 $ 2,846.96 360
7596955 PLYMOUTH MI 48170 PUD 6.75 6.483 $ 2,399.81 360
7597066 APTOS CA 95003 SFD 7.25 6.500 $ 2,348.39 360
7597227 LOS GATOS CA 95033 SFD 6.88 6.500 $ 2,808.37 360
7597332 SAN LUIS OBISPO CA 93401 SFD 6.88 6.500 $ 3,251.80 360
7597462 SCOTTSDALE AZ 85258 SFD 7.25 6.500 $ 1,910.09 360
7597917 EVRGREEN CO 80439 SFD 7.25 6.500 $ 5,116.32 360
7598259 FREMONT CA 94536 SFD 7.38 6.500 $ 1,735.32 360
7598485 NORTH ANDOVER MA 01845 SFD 7.00 6.500 $ 1,969.30 360
7598682 MOORESVILLE NC 28117 SFD 6.75 6.483 $ 3,242.99 360
7598754 WEST CHESTER PA 19382 SFD 6.88 6.500 $ 2,933.19 360
7599859 LITTLETON CO 80124 SFD 7.13 6.500 $ 2,317.59 360
7599991 EAST SANDWICH MA 02357 SFD 7.13 6.500 $ 2,317.59 360
7600262 COTO DE CAZA CA 92679 SFD 7.00 6.500 $ 2,874.11 360
7600531 PRAIRIE VIEW IL 60069 SFD 7.38 6.500 $ 2,045.09 360
7600603 REDWOOD CITY CA 94062 SFD 6.50 6.233 $ 3,950.43 360
7601226 WASHINGTON DC 20015 SFD 6.25 5.983 $ 2,142.70 360
7602642 UNION CITY CA 94587 PUD 7.38 6.500 $ 2,005.17 360
7603059 SARATOGA CA 95070 SFD 6.88 6.500 $ 3,685.37 360
7603090 PORTLAND OR 97221 SFD 7.25 6.500 $ 3,751.97 360
7603285 BARRINGTON IL 60010 SFD 7.13 6.500 $ 3,132.79 360
7603436 CAMARILLO CA 93010 SFD 7.25 6.500 $ 2,293.82 360
7603721 WOODWAY WA 98020 SFD 7.00 6.500 $ 4,324.47 360
7604779 HILLSBOROUGH CA 94010 SFD 7.00 6.500 $ 2,714.43 360
7604795 SANTA ANA CA 92705 SFD 7.00 6.500 $ 6,653.03 360
7604851 LOOMIS CA 95650 SFD 7.13 6.500 $ 3,099.11 360
7605022 REDMOND WA 98053 SFD 6.88 6.500 $ 2,098.89 360
7605041 WESTERN SPRINGS IL 60558 SFD 6.88 6.500 $ 2,647.42 360
7605198 GLENWOOD MD 21738 SFD 7.25 6.500 $ 2,344.64 360
7605221 BETHESDA MD 20817 SFD 7.00 6.500 $ 3,113.62 360
7605367 SAN JUAN CAPISTRANO CA 92675 SFD 7.13 6.500 $ 3,638.08 360
7605650 DELAFIELD WI 53188 SFD 7.38 6.500 $ 2,072.03 360
7606775 ESCONDIDO CA 92029 SFD 7.88 6.500 $ 1,846.03 360
7607579 ATLANTA GA 30306 SFD 6.88 6.500 $ 2,158.01 360
7607650 BELLE MEAD NJ 08502 SFD 7.00 6.500 $ 2,395.09 360
7608586 ATLANTA GA 30305 SFD 7.00 6.500 $ 3,816.18 360
7608603 MADISON WI 53704 SFD 7.00 6.500 $ 2,395.09 360
7608951 HEATH TX 75032 PUD 7.13 6.500 $ 2,145.12 360
7609076 SPRING LAKE NJ 07762 SFD 7.63 6.500 $ 1,840.26 360
7609300 ALPHARETTA GA 30004 SFD 7.38 6.500 $ 2,694.32 360
7609490 GLENDORA CA 91741 SFD 7.00 6.500 $ 2,461.62 360
7610039 CHINO HILLS CA 91709 SFD 7.38 6.500 $ 2,072.03 360
7610535 WASHINGTON DC 20016 SFD 7.00 6.500 $ 4,324.47 360
7610554 DANVILLE CA 94526 SFD 6.88 6.500 $ 2,090.35 360
7611801 MC KINLEYVILLE CA 95519 SFD 7.38 6.500 $ 1,864.82 360
7612077 HOLLY SPRINGS NC 27540 SFD 6.88 6.500 $ 2,564.19 360
7612861 SHERBORN MA 01770 SFD 7.38 6.500 $ 1,896.25 360
7613209 ATLANTA GA 30327 SFD 6.88 6.500 $ 4,270.04 360
7613535 SAN DIEGO CA 92103 SFD 7.25 6.500 $ 2,510.41 360
7613575 SAN JOSE CA 95111 PUD 7.13 6.500 $ 1,862.95 360
7613983 SAN JOSE CA 95132 SFD 7.38 6.500 $ 2,088.60 360
7614396 SOLANA BEACH CA 92075 SFD 6.75 6.483 $ 3,735.28 360
7614643 SAN DIEGO CA 92121 SFD 6.88 6.500 $ 2,176.08 360
7614682 LOS ANGELES CA 90068 SFD 7.38 6.500 $ 3,695.11 360
7615158 PLAYA DEL REY CA 90293 SFD 6.88 6.500 $ 6,063.45 360
7615210 METUCHEN NJ 08840 SFD 6.75 6.483 $ 1,738.24 360
7615319 SAN DIEGO CA 92101 HCO 7.38 6.500 $ 4,489.39 360
7615769 BLOOMFIELD MI 48301 SFD 7.50 6.500 $ 5,174.19 360
7617015 CHANHASSEN MN 55331 SFD 7.00 6.500 $ 2,323.90 360
7617250 BELLEVUE WA 98006 SFD 7.00 6.500 $ 2,185.52 360
7617377 MORRISON CO 80465 SFD 6.88 6.500 $ 1,839.40 360
7617414 LIVERMORE CA 94550 SFD 7.38 6.500 $ 3,070.05 360
7618373 SEATTLE WA 98112 SFD 7.25 6.500 $ 4,093.06 360
7618419 ASHBURN VA 20147 SFD 6.50 6.233 $ 1,683.83 360
7618462 FAIRFIELD CA 94533 SFD 7.13 6.500 $ 1,734.83 360
7618742 WENATCHEE WA 98801 PUD 7.25 6.500 $ 2,210.25 360
7618834 RICHMOND TX 77469 SFD 7.00 6.500 $ 2,235.42 360
7619720 LAGUNA NIGUEL CA 92677 PUD 6.75 6.483 $ 4,008.34 360
7619767 THOUSAND OAKS CA 91361 SFD 6.88 6.500 $ 1,957.65 360
7620812 SPOKANE WA 99208 SFD 7.38 6.500 $ 2,120.37 360
7621018 SAN JOSE CA 95111 PUD 7.25 6.500 $ 1,830.06 360
7621118 IRVINE CA 92614 SFD 7.00 6.500 $ 1,796.32 360
7621263 GRAFTON MA 01519 SFD 7.25 6.500 $ 1,821.41 360
7621455 ASPEN CO 81611 SFD 7.25 6.500 $ 4,966.24 360
7621776 FORT COLINS CO 80524 SFD 6.88 6.500 $ 2,102.17 360
7622128 ANAHEIM CA 92805 SFD 7.50 6.500 $ 2,264.76 360
7622195 CHEVY CHASE MD 20815 SFD 7.25 6.500 $ 2,319.40 360
7622203 SAN DIEGO CA 92129 SFD 7.00 6.500 $ 2,275.33 360
7622299 MANASSAS VA 20111 SFD 6.63 6.358 $ 1,771.87 360
7622324 SAN JOSE CA 95126 SFD 6.88 6.500 $ 3,002.16 360
7623415 LITTLETON CO 80127 SFD 7.00 6.500 $ 2,698.47 360
7623878 CHICAGO IL 60614 SFD 7.38 6.500 $ 3,674.39 360
7624443 CORONA DEL MAR CA 92625 PUD 6.50 6.233 $ 4,108.44 360
7624485 SAN JOSE CA 95123 SFD 6.88 6.500 $ 2,542.31 360
7624569 SAN JOSE CA 95123 SFD 7.50 6.500 $ 2,765.04 360
7624603 MOSS BEACH CA 94038 SFD 7.25 6.500 $ 1,923.74 360
7624618 PARKER CO 80134 SFD 7.38 6.500 $ 3,177.11 360
7624987 BLOOMFIELD TWP MI 48302 SFD 7.38 6.500 $ 2,643.21 360
7625087 WEST LAKE VILLAGE CA 91361 SFD 7.13 6.500 $ 5,062.99 360
7625132 ALEXANDRIA VA 22314 SFD 6.50 6.233 $ 1,956.88 360
7625615 SOLON OH 44139 SFD 6.75 6.483 $ 1,712.30 360
7626583 SANTA CRUZ CA 95060 SFD 7.13 6.500 $ 1,909.99 360
7627137 FOLLY BEACH SC 29439 SFD 7.00 6.500 $ 2,029.84 360
7627274 VENTURA CA 93001 SFD 7.25 6.500 $ 3,000.89 360
7627511 CAMARILLO CA 93012 SFD 7.00 6.500 $ 2,607.99 360
7627967 ISLAMORA FL 33036 SFD 7.00 6.500 $ 3,745.32 360
7628078 LANDENBERG PA 19350 SFD 6.63 6.358 $ 1,949.75 360
7628143 ASPEN CO 81611 LCO 7.25 6.500 $ 2,278.47 360
7628455 CAYUCOS CA 93430 SFD 6.88 6.500 $ 2,538.37 360
7628764 PASADENA CA 91105 SFD 6.63 6.358 $ 3,162.39 240
7629443 HOUSTON TX 77056 SFD 7.00 6.500 $ 1,674.90 360
7629848 LA QUINTA CA 92253 SFD 6.88 6.500 $ 2,181.00 360
7630098 MORGAN HILL CA 95037 PUD 7.25 6.500 $ 2,002.87 360
7630129 RIVERSIDE CA 92324 SFD 7.00 6.500 $ 2,029.17 360
7630590 WILMETTE IL 60091 SFD 7.25 6.500 $ 2,032.89 360
7630853 LOUISVILLE KY 40245 SFD 7.25 6.500 $ 1,934.65 360
7630957 TRACY CA 95376 SFD 7.88 6.500 $ 1,825.36 360
7631778 SAN ANTONIO TX 78248 SFD 7.50 6.500 $ 1,786.84 360
7632270 SOLANA BEACH CA 92075 SFD 7.38 6.500 $ 2,817.95 360
7632649 FARMINGTON HILLS MI 48331 SFD 7.25 6.500 $ 2,578.63 360
7632724 BEAVERTON OR 97007 PUD 7.50 6.500 $ 1,761.96 360
7632805 MAMMOTH LAKES CA 93546 SFD 7.00 6.500 $ 3,569.35 360
7633247 SCOTTS VALLEY CA 95066 SFD 7.38 6.500 $ 2,983.72 360
7633260 GRANITE BAY CA 95746 SFD 7.75 6.500 $ 1,934.31 360
7633363 WYNNEWOOD PA 19096 SFD 7.00 6.500 $ 2,230.73 360
7633762 SAN FRANCISCO CA 94123 SFD 7.50 6.500 $ 2,145.89 360
7634558 SAN JOSE CA 95111 PUD 7.38 6.500 $ 1,823.33 360
7634571 THORNTON CO 80241 SFD 7.25 6.500 $ 2,728.71 360
7635026 LAS VEGAS NV 89117 PUD 7.25 6.500 $ 3,724.68 360
7635309 BOULDER CO 80304 SFD 7.25 6.500 $ 2,046.53 360
7635560 SIMI VALLEY CA 93065 SFD 7.25 6.500 $ 2,087.46 360
7635683 SCOTTSDALE AZ 85259 SFD 7.25 6.500 $ 2,080.64 360
7635763 LANDRUM SC 29356 SFD 6.88 6.500 $ 2,317.64 360
7636593 MINNITONKA MN 55345 SFD 7.25 6.500 $ 2,762.81 360
7636720 SAN JOSE CA 95124 SFD 7.50 6.500 $ 2,698.97 360
7637045 COROLLA NC 27927 SFD 7.50 6.500 $ 1,915.85 360
7637257 LITTLETON CO 80120 PUD 7.50 6.500 $ 2,624.15 360
7638008 HUNTINGTON BEACH CA 92648 SFD 7.13 6.500 $ 2,170.72 360
7638019 LA VERNE CA 91750 SFD 7.38 6.500 $ 2,486.43 360
7638907 MARBLEHEAD MA 01945 SFD 7.00 6.500 $ 2,062.44 360
7639063 EUSTIS FL 32726 SFD 7.38 6.500 $ 1,913.17 360
7639137 NEW CANAAN CT 06840 SFD 7.50 6.500 $ 2,726.94 360
7639275 ROSS CA 94957 SFD 7.25 6.500 $ 6,671.68 360
7639833 SAN JOSE CA 95124 SFD 7.25 6.500 $ 1,875.98 360
7640035 LITTLETON CO 80127 SFD 6.88 6.500 $ 1,898.52 360
7640182 CAYUCOS CA 93430 SFD 7.13 6.500 $ 2,526.44 360
7640558 WILMINGTON NC 28405 SFD 6.75 6.483 $ 2,234.84 360
7641561 LITTLE ROCK AR 72207 SFD 6.88 6.500 $ 2,995.60 360
7641626 SAUSALITO CA 94965 SFD 7.13 6.500 $ 2,398.44 360
7641787 LA HABRA HEIGHTS CA 91631 SFD 7.00 6.500 $ 1,995.91 360
7642181 RANCHO SANTA FE CA 92067 SFD 7.63 6.500 $ 5,662.35 360
7642427 CARMEL CA 93921 SFD 7.38 6.500 $ 3,038.97 360
7642467 CHAPEL HILL NC 27514 SFD 6.88 6.500 $ 2,195.95 240
7642543 GLENVIEW IL 60025 SFD 7.38 6.500 $ 2,369.02 360
7643171 CLACKAMAS OR 97015 SFD 7.38 6.500 $ 3,108.04 360
7643640 CARY NC 27513 SFD 7.38 6.500 $ 1,916.62 360
7644295 SAN DIEGO CA 92111 SFD 7.50 6.500 $ 1,733.70 360
7645202 LODI CA 95242 SFD 7.13 6.500 $ 1,661.05 360
7645250 RANCHO SANTA FE CA 92067 SFD 7.38 6.500 $ 4,915.88 360
7645442 SANTA FE NM 87501 PUD 6.88 6.500 $ 3,806.90 360
7645680 TOPANGA CA 90290 SFD 7.38 6.500 $ 3,729.65 360
7646511 HUDDLESTON VA 24104 SFD 7.00 6.500 $ 2,022.52 360
7646802 CAMARILLO CA 93010 SFD 7.25 6.500 $ 2,155.68 360
7647930 NORTH ANDOVER MA 01845 SFD 6.88 6.500 $ 2,036.48 360
7648344 COLORADO SPRINGS CO 80906 SFD 7.13 6.500 $ 3,485.15 360
7648575 CASTRO VALLEY CA 94552 SFD 7.13 6.500 $ 1,940.31 360
7648855 SCOTTSDALE AZ 85259 SFD 7.25 6.500 $ 2,264.83 360
7649561 MARRIOTTSVILLE MD 21104 SFD 7.50 6.500 $ 3,321.27 360
7649598 CHANDLER AZ 85226 SFD 7.50 6.500 $ 2,454.24 360
7649609 SONOMA CA 95476 SFD 7.25 6.500 $ 3,138.01 360
7650496 KATY TX 77450 PUD 7.63 6.500 $ 2,114.89 360
7650546 SAN MATEO CA 94403 LCO 7.50 6.500 $ 1,783.00 360
7650994 DURHAM NC 27707 SFD 6.88 6.500 $ 3,547.42 360
7651573 NORTH CANTON OH 44720 SFD 7.50 6.500 $ 5,628.68 360
7652222 SANTA MONICA CA 90403 LCO 7.13 6.500 $ 2,021.16 360
7652394 OXNARD CA 93035 SFD 7.38 6.500 $ 1,899.36 360
7652959 GRANITE BAY CA 95746 SFD 7.13 6.500 $ 2,021.16 360
7653609 SNOWMASS VILLAGE CO 81623 SFD 7.25 6.500 $ 2,626.38 360
7654241 BENICIA CA 94510 SFD 7.25 6.500 $ 2,090.19 360
7654722 MINNEAPOLIS MN 55416 SFD 7.38 6.500 $ 1,823.38 360
7655736 TRACY CA 95376 SFD 7.25 6.500 $ 1,942.84 360
7656025 LA CANADA-FLINTRIDGE CA 91011 SFD 7.00 6.500 $ 2,481.58 360
7656738 FULLERTON CA 92831 SFD 7.00 6.500 $ 1,676.56 360
7656802 OJAI CA 93023 SFD 7.13 6.500 $ 2,189.59 360
7657144 HUNTINGTON BEACH CA 92648 SFD 7.00 6.500 $ 1,603.38 360
7658094 CAMARILLO CA 93012 SFD 7.38 6.500 $ 2,077.21 360
7658136 PORT ORCHARD WA 98366 SFD 7.25 6.500 $ 1,966.03 360
7658279 AURORA IL 60504 SFD 7.50 6.500 $ 1,700.49 360
7658712 ASPEN CO 81611 SFD 7.50 6.500 $ 2,796.86 360
7660770 LOS ANGELES CA 90049 LCO 7.50 6.500 $ 3,272.32 360
7661550 ASHBURN VA 20147 PUD 7.75 6.500 $ 2,005.95 360
7661890 SANIBEL FL 33957 SFD 7.38 6.500 $ 2,458.80 360
7662791 CAMARILLO CA 93012 SFD 7.00 6.500 $ 1,676.56 360
7663011 WESTON CT 06883 SFD 6.75 6.483 $ 3,782.62 360
7663019 TETON VILLAGE WY 83025 LCO 7.63 6.500 $ 1,567.76 360
7663490 LONG BEACH CA 90815 SFD 7.50 6.500 $ 3,496.07 360
7663798 PORTLAND OR 97236 SFD 7.38 6.500 $ 2,299.95 360
7664095 WINDERMERE FL 34786 SFD 7.00 6.500 $ 1,829.25 360
7664159 BATTLE GROUND WA 98604 SFD 7.13 6.500 $ 1,827.12 360
7664709 SAN DIEGO CA 92121 SFD 7.00 6.500 $ 2,302.61 360
7664835 VIRGINIA BEACH VA 23451 LCO 7.00 6.500 $ 1,995.91 360
7665233 PARADISE VALLEY AZ 85253 SFD 7.38 6.500 $ 5,525.40 360
7665641 LOS ANGELES CA 91324 SFD 7.50 6.500 $ 2,024.23 360
7665718 SAN JOSE CA 95111 PUD 7.13 6.500 $ 1,913.36 360
7665753 EAST GOSHEN PA 19380 SFD 6.63 6.358 $ 2,040.29 360
7665754 SAN JOSE CA 95120 SFD 7.13 6.500 $ 2,894.29 360
7666402 BRIGHTON CO 80601 SFD 7.38 6.500 $ 2,072.03 360
7668308 BATTLE CREEK MI 49015 SFD 7.38 6.500 $ 2,072.03 360
7670393 LAS VEGAS NV 89117 PUD 7.00 6.500 $ 4,391.00 360
7670509 SAN JOSE CA 95126 PUD 6.88 6.500 $ 1,970.79 360
7670708 ALAMO CA 94507 SFD 7.25 6.500 $ 2,421.73 360
7670816 NAPERVILLE IL 60540 SFD 7.38 6.500 $ 1,809.22 360
7671390 LAGUNA NIGUEL CA 92677 SFD 7.13 6.500 $ 2,122.21 360
7673394 DUNWOODY GA 30350 PUD 7.00 6.500 $ 2,754.35 360
7674208 RENO NV 89511 SFD 7.50 6.500 $ 2,359.50 360
7674959 BENICIA CA 94510 SFD 7.25 6.500 $ 2,333.04 360
7675632 ROCK HILL SC 29732 SFD 7.25 6.500 $ 1,865.75 360
7676165 EAGLE ID 83616 SFD 7.38 6.500 $ 1,909.72 360
7676607 GRAYSLAKE IL 60030 SFD 7.38 6.500 $ 1,833.74 360
7676829 SAN RAMON CA 94583 SFD 7.13 6.500 $ 1,819.04 360
7677382 LAKE BARRINGTON IL 60010 SFD 7.25 6.500 $ 2,155.68 360
7677583 RENO NV 89509 SFD 7.50 6.500 $ 1,922.84 360
7677719 MONTE SERENO CA 95030 SFD 7.50 6.500 $ 4,544.89 360
7677826 RENO NV 89509 SFD 7.38 6.500 $ 1,716.33 360
7678655 EDEN PRAIRIE MN 55347 SFD 7.13 6.500 $ 2,424.85 360
7678887 BETHLEHEM PA 18015 SFD 7.63 6.500 $ 1,932.28 360
7679319 CAMARILLO CA 93012 PUD 7.50 6.500 $ 1,851.52 360
7679438 BOISE ID 83702 SFD 6.75 6.483 $ 4,131.57 360
7679966 WEST HOLLYWOOD CA 90069 LCO 6.88 6.500 $ 1,708.01 360
7681941 SACRAMENTO CA 95864 SFD 7.25 6.500 $ 3,129.82 360
7682677 CUPERTINO CA 95014 SFD 7.00 6.500 $ 3,991.82 360
7683167 YORBA LINDA CA 92887 SFD 7.13 6.500 $ 3,150.31 360
7683791 WASHINGTON DC 20016 SFD 7.13 6.500 $ 2,358.01 360
7684273 MENDON UT 84339 SFD 7.38 6.500 $ 1,804.39 360
7687328 EL DORADO HILLS CA 95762 SFD 7.38 6.500 $ 2,431.18 360
7688079 WOODSTOCK GA 30189 SFD 7.00 6.500 $ 1,673.24 360
7688890 DURANGO CO 81301 SFD 7.50 6.500 $ 2,328.38 360
7688918 AVON CO 81620 PUD 7.38 6.500 $ 3,453.38 360
7695561 LAS VEGAS NV 89113 SFD 7.38 6.500 $ 6,906.75 360
7696269 MINNEAPOLIS MN 55416 HCO 7.75 6.500 $ 2,740.28 360
7699637 CLIFTON VA 22024 SFD 7.25 6.500 $ 1,899.18 360
7700408 WASHINGTON DC 20015 PUD 7.38 6.500 $ 2,248.15 360
7702868 SCOTTSDALE AZ 85262 PUD 7.00 6.500 $ 1,855.44 360
</TABLE>
Table (continued)
<TABLE>
<CAPTION>
(i) (viii) (ix) (x)
- ----- ---------- -------------- ------
CUT-OFF
MORTGAGE SCHEDULED DATE
LOAN MATURITY PRINCIPAL
NUMBER DATE BALANCE LTV
- -------- ----------- -------------- ------
<S> <C> <C> <C>
4737419 1-Jun-28 $ 245,415.13 90.00
4760024 1-May-29 $ 500,000.00 71.43
4774946 1-Apr-29 $ 300,382.43 90.00
4793472 1-Sep-28 $ 432,993.41 77.58
4825390 1-Apr-29 $ 289,756.37 76.96
4847542 1-Apr-29 $ 284,522.28 69.99
4850330 1-May-29 $ 350,000.00 70.00
4856960 1-Oct-28 $ 240,027.45 75.63
4860029 1-Jul-28 $ 496,366.62 80.65
4861677 1-Jul-28 $ 228,245.20 39.48
4862345 1-Oct-28 $ 465,482.20 79.99
4874033 1-Nov-28 $ 422,826.75 79.89
4901293 1-Nov-28 $ 283,634.24 79.75
4902206 1-Apr-29 $ 567,567.79 66.82
4903271 1-Feb-29 $ 256,164.81 71.33
4903377 1-May-29 $ 452,000.00 80.00
4912651 1-Apr-29 $ 391,678.68 80.00
4913373 1-May-29 $ 350,000.00 60.34
4914037 1-Nov-28 $ 320,064.36 80.14
4915009 1-Apr-29 $ 43,370.12 70.00
4920252 1-Nov-28 $ 245,420.13 89.49
4922030 1-Nov-28 $ 283,829.76 79.66
4925288 1-Apr-29 $ 480,134.38 89.99
4934820 1-Apr-29 $ 265,432.24 89.99
4936527 1-Apr-29 $ 288,732.33 68.84
4938185 1-Apr-29 $ 393,684.92 79.12
4938771 1-Feb-29 $ 579,665.53 49.45
4939626 1-Apr-29 $ 649,492.93 65.00
4941270 1-Apr-29 $ 365,728.37 73.81
4941356 1-May-29 $ 378,200.00 79.99
4945737 1-May-29 $ 630,000.00 63.00
4946218 1-May-29 $ 320,000.00 52.89
4947397 1-Mar-29 $ 384,627.30 90.00
4947477 1-Mar-29 $ 288,513.01 55.58
4947596 1-Apr-29 $ 283,284.27 90.00
4947912 1-Apr-29 $ 200,839.26 69.31
4948066 1-Feb-29 $ 329,203.61 62.26
4949215 1-Apr-29 $ 246,802.47 78.41
4951814 1-Apr-29 $ 275,779.28 66.51
4952128 1-Apr-29 $ 379,680.75 51.84
4953443 1-May-29 $ 356,000.00 80.00
4953878 1-Apr-29 $ 559,552.17 48.70
4954207 1-Apr-29 $ 999,257.85 50.00
4954236 1-Feb-29 $ 409,958.17 74.05
4954879 1-Mar-29 $ 562,718.01 79.94
4955454 1-Mar-29 $ 269,607.91 79.41
4955680 1-Apr-29 $ 399,672.12 66.67
4956461 1-Apr-29 $ 296,624.12 94.24
4957040 1-Feb-29 $ 426,594.08 75.59
4957064 1-May-29 $ 332,500.00 70.00
4957604 1-May-29 $ 435,000.00 69.60
4958383 1-Apr-29 $ 357,199.65 86.98
4958634 1-Apr-29 $ 505,995.04 80.00
4960159 1-Feb-29 $ 259,277.09 80.00
4960375 1-Mar-29 $ 566,711.77 47.30
4960900 1-May-29 $ 300,000.00 38.22
4961313 1-Apr-29 $ 363,202.04 79.02
4961501 1-Mar-29 $ 277,969.16 89.99
4961873 1-Apr-29 $ 294,775.52 78.67
4961960 1-Apr-29 $ 539,568.16 80.00
4962051 1-Apr-29 $ 256,528.94 79.99
4962104 1-May-29 $ 287,000.00 63.78
4962132 1-Apr-29 $ 459,649.97 61.33
4962184 1-Mar-29 $ 522,867.47 80.00
4962186 1-Apr-29 $ 114,900.99 62.16
4962229 1-May-29 $ 333,000.00 90.00
4962291 1-Feb-29 $ 384,115.72 74.76
4962543 1-Sep-28 $ 302,014.30 80.00
4962717 1-Aug-28 $ 318,307.48 80.00
4963018 1-Apr-29 $ 379,717.98 79.17
4964004 1-May-29 $ 261,900.00 90.00
4964039 1-Apr-29 $ 348,963.72 44.78
4964097 1-Mar-29 $ 284,542.81 77.87
4964119 1-Mar-29 $ 259,582.93 80.00
4964279 1-Apr-29 $ 359,704.91 52.17
4964611 1-Feb-29 $ 281,819.52 80.00
4964624 1-Apr-29 $ 273,769.80 58.55
4964677 1-Mar-29 $ 332,945.68 72.50
4964886 1-Apr-29 $ 416,075.16 69.40
4965043 1-Apr-29 $ 199,836.07 57.14
4965049 1-Apr-29 $ 303,251.22 57.48
4965368 1-Mar-29 $ 602,008.58 43.01
4965474 1-Apr-29 $ 246,825.67 95.00
4965523 1-Mar-29 $ 245,585.47 89.88
4965538 1-Apr-29 $ 411,662.28 63.38
4965660 1-Apr-29 $ 321,528.56 90.00
4965777 1-Apr-29 $ 414,684.22 78.30
4965850 1-Apr-29 $ 354,270.83 53.79
4965856 1-Apr-29 $ 456,625.39 67.21
4965884 1-Apr-29 $ 269,789.37 79.41
4966463 1-May-29 $ 472,500.00 70.00
4966673 1-Apr-29 $ 639,488.20 80.00
4966908 1-Apr-29 $ 289,550.59 95.00
4967247 1-Apr-29 $ 496,932.16 80.00
4967307 1-May-29 $ 332,800.00 73.96
4967462 1-Mar-29 $ 294,514.95 67.05
4967478 1-Apr-29 $ 292,747.73 48.43
4967699 1-Apr-29 $ 399,695.62 74.07
4967705 1-Apr-29 $ 374,692.62 72.82
4967707 1-Apr-29 $ 423,629.17 79.70
4967807 1-Apr-29 $ 460,373.21 66.30
4967833 1-May-29 $ 300,000.00 61.22
4969090 1-Apr-29 $ 322,728.63 61.64
4969134 1-Apr-29 $ 324,706.20 61.32
4969332 1-May-29 $ 354,550.00 70.00
4969447 1-May-29 $ 150,000.00 37.97
4969452 1-Apr-29 $ 312,655.91 67.00
4969490 1-Mar-29 $ 683,928.04 48.93
4969587 1-Apr-29 $ 304,749.99 42.96
4969637 1-Apr-29 $ 495,603.35 59.76
4969639 1-May-29 $ 400,000.00 52.46
4969661 1-Apr-29 $ 449,612.56 70.31
4969718 1-Apr-29 $ 322,254.60 75.00
4969834 1-May-29 $ 252,800.00 80.00
4970036 1-Apr-29 $ 319,731.15 66.81
4970050 1-Apr-29 $ 509,538.95 80.00
4970697 1-Apr-29 $ 375,691.79 80.00
4970847 1-Apr-29 $ 309,764.11 79.49
4970933 1-Apr-29 $ 349,705.96 70.00
4970999 1-Apr-29 $ 349,720.11 61.40
4971514 1-Mar-29 $ 151,262.91 66.01
4971548 1-Apr-29 $ 341,733.20 90.00
4971588 1-Apr-29 $ 474,638.56 60.13
4971617 1-Apr-29 $ 271,687.89 74.29
4971943 1-Apr-29 $ 346,715.57 53.38
4971994 1-Apr-29 $ 279,792.19 65.73
4972119 1-Mar-29 $ 313,883.06 80.00
4972285 1-Apr-29 $ 279,786.93 80.00
4972300 1-Mar-29 $ 349,424.54 46.67
4972332 1-Apr-29 $ 649,505.40 78.79
4972492 1-Feb-29 $ 243,389.10 80.00
4972510 1-Feb-29 $ 139,678.43 80.00
4972765 1-May-29 $ 660,000.00 60.00
4972866 1-Apr-19 $ 442,123.47 69.22
4973134 1-Mar-29 $ 288,547.74 85.00
4973227 1-Apr-29 $ 198,844.75 69.82
4973478 1-Mar-29 $ 387,362.06 80.00
4973564 1-Apr-29 $ 270,793.79 78.55
4973729 1-Apr-29 $ 473,465.69 63.33
4973764 1-May-29 $ 590,000.00 78.67
4973882 1-Apr-29 $ 239,821.88 73.85
4974004 1-Mar-29 $ 301,491.10 63.58
4974030 1-Mar-29 $ 94,549.56 63.33
4974074 1-Apr-29 $ 399,547.17 80.00
4974174 1-May-29 $ 362,500.00 50.00
4974209 1-Apr-29 $ 624,561.80 51.03
4974251 1-Apr-29 $ 364,093.86 72.88
4974258 1-Apr-29 $ 318,507.45 75.00
4974269 1-Apr-29 $ 288,763.10 68.81
4974375 1-May-29 $ 278,000.00 76.58
4974429 1-Apr-29 $ 377,712.36 63.53
4974458 1-Apr-29 $ 387,712.04 58.79
4974568 1-Apr-29 $ 260,586.22 47.42
4974577 1-Apr-29 $ 327,717.59 80.00
4974602 1-Apr-29 $ 474,342.80 63.76
4974705 1-Apr-29 $ 674,404.46 61.36
4974735 1-Apr-29 $ 316,533.84 80.00
4974857 1-Apr-29 $ 339,700.02 56.67
4974862 1-Apr-29 $ 314,766.22 67.74
4974944 1-Apr-29 $ 468,634.13 62.53
4975492 1-May-29 $ 269,100.00 90.00
4975670 1-Apr-29 $ 279,776.08 70.00
4975810 1-Apr-29 $ 259,792.08 69.33
4975838 1-Apr-29 $ 299,765.97 66.67
4975858 1-Mar-29 $ 284,093.53 57.48
4975880 1-Apr-29 $ 472,093.18 70.00
4975901 1-Apr-29 $ 499,579.93 79.94
4975905 1-Apr-29 $ 524,580.16 69.08
4975942 1-Apr-29 $ 275,800.23 78.86
4975957 1-Apr-29 $ 259,792.08 64.20
4976112 1-Apr-29 $ 999,159.88 59.77
4976122 1-Apr-29 $ 299,777.35 63.16
4976204 1-Apr-29 $ 299,754.09 61.22
4976221 1-Apr-29 $ 457,642.71 57.25
4976297 1-Apr-29 $ 487,138.20 75.00
4976311 1-Apr-29 $ 365,684.88 74.85
4976460 1-Apr-29 $ 438,412.85 74.37
4976500 1-Apr-29 $ 688,462.51 61.08
4976588 1-Mar-29 $ 99,835.60 33.33
4976774 1-Apr-29 $ 295,774.77 80.00
4976793 1-Apr-29 $ 349,675.84 79.55
4976849 1-Apr-29 $ 899,225.11 60.00
4976916 1-Apr-29 $ 299,765.97 69.77
4976986 1-Jul-28 $ 411,649.92 80.00
4977141 1-May-29 $ 500,000.00 83.33
4977233 1-May-29 $ 337,200.00 80.00
4977482 1-Apr-29 $ 374,707.47 75.00
4977494 1-Apr-29 $ 489,598.36 70.00
4977513 1-Apr-29 $ 374,707.46 67.57
4977516 1-Apr-29 $ 316,733.68 77.70
4977783 1-Apr-29 $ 429,638.74 73.19
4977788 1-Apr-29 $ 394,906.70 80.00
4977935 1-Apr-29 $ 322,728.64 69.46
4977974 1-Apr-29 $ 379,680.75 73.08
4977996 1-Apr-29 $ 396,697.91 89.41
4978080 1-Apr-29 $ 559,552.18 42.59
4978101 1-Apr-29 $ 266,176.10 57.93
4978122 1-Apr-29 $ 689,448.22 62.73
4978153 1-Apr-29 $ 324,740.10 59.63
4978160 1-Apr-29 $ 304,756.10 68.54
4978255 1-Mar-29 $ 256,777.11 80.00
4978286 1-Apr-29 $ 439,621.17 64.71
4978367 1-Apr-29 $ 339,221.72 79.98
4978459 1-Apr-29 $ 399,731.61 80.00
4978531 1-Apr-29 $ 142,388.84 75.00
4978574 1-Apr-29 $ 299,760.09 69.12
4978656 1-Apr-29 $ 338,735.55 79.76
4978804 1-Apr-29 $ 555,566.26 80.00
4978820 1-Apr-29 $ 316,433.93 79.83
4978950 1-May-29 $ 468,700.00 58.59
4979100 1-Apr-29 $ 286,787.00 79.83
4979127 1-Apr-29 $ 157,591.47 95.00
4979234 1-Mar-29 $ 387,313.46 84.72
4979332 1-May-29 $ 295,000.00 74.68
4979383 1-May-29 $ 325,600.00 74.85
4979405 1-Apr-29 $ 374,700.13 57.69
4979479 1-Apr-29 $ 359,726.06 80.00
4979641 1-Apr-29 $ 559,552.17 80.00
4980316 1-Apr-29 $ 293,759.01 69.18
4980328 1-Apr-29 $ 504,277.06 48.49
4980347 1-Apr-29 $ 274,780.08 68.75
4980544 1-Apr-29 $ 256,279.15 90.00
4980576 1-May-29 $ 288,000.00 74.81
4980581 1-May-29 $ 300,000.00 70.92
4980596 1-Apr-29 $ 884,199.94 64.84
4980964 1-May-29 $ 495,000.00 60.00
4981139 1-Apr-29 $ 599,531.94 80.00
4981263 1-Apr-29 $ 255,784.93 56.26
4981371 1-Apr-29 $ 306,754.49 43.86
4981437 1-Mar-29 $ 309,514.87 66.67
4981497 1-Mar-29 $ 264,503.56 89.99
4981539 1-Apr-29 $ 328,153.07 80.00
4981554 1-May-29 $ 334,500.00 66.90
4981573 1-Apr-29 $ 449,631.00 64.29
4981650 1-May-29 $ 378,400.00 80.00
4981682 1-Apr-29 $ 329,694.36 49.62
4981883 1-Apr-29 $ 303,325.54 84.99
4981918 1-Apr-29 $ 285,759.72 62.86
4981986 1-Apr-29 $ 347,692.96 66.23
4982076 1-May-29 $ 310,000.00 77.50
4982096 1-Apr-29 $ 374,692.62 79.79
4982101 1-Apr-29 $ 299,765.97 41.24
4982182 1-Apr-29 $ 460,649.22 74.96
4982281 1-Apr-29 $ 374,669.14 74.55
4982376 1-Apr-29 $ 373,493.59 46.73
4982407 1-Apr-29 $ 72,945.82 17.76
4982487 1-May-29 $ 240,100.00 52.20
4982525 1-Apr-29 $ 359,712.11 90.00
4982629 1-Apr-29 $ 297,749.64 35.06
4982650 1-Mar-29 $ 263,606.92 80.00
4982722 1-Apr-29 $ 279,770.48 80.00
4983021 1-Apr-29 $ 283,804.55 80.00
4983096 1-Apr-29 $ 383,644.33 64.00
4983187 1-Apr-29 $ 279,752.95 84.30
4983494 1-Apr-29 $ 284,772.09 73.08
4983658 1-Apr-29 $ 258,771.49 69.07
4983769 1-Apr-29 $ 391,654.15 60.31
4983816 1-Apr-29 $ 280,539.92 80.00
4983880 1-Apr-29 $ 269,749.93 61.36
4984046 1-Apr-29 $ 328,273.92 90.00
4984062 1-Apr-29 $ 321,761.02 74.88
4984095 1-Apr-29 $ 359,682.38 59.50
4984156 1-Apr-29 $ 316,440.16 38.19
4984239 1-Mar-29 $ 260,601.57 90.00
4984248 1-Apr-29 $ 649,467.20 59.09
4984251 1-May-29 $ 535,150.00 80.00
4984385 1-Apr-29 $ 394,676.22 67.52
4984451 1-Apr-29 $ 322,428.89 53.60
4984703 1-Apr-29 $ 430,637.90 53.88
4984776 1-Apr-29 $ 263,772.70 80.00
4984873 1-Apr-29 $ 305,767.15 90.00
4984946 1-Apr-29 $ 333,346.16 80.00
4985173 1-Apr-29 $ 319,756.50 80.00
4985243 1-Apr-29 $ 379,688.52 80.00
4985285 1-May-29 $ 300,000.00 66.67
4985370 1-May-29 $ 282,000.00 68.36
4985395 1-Apr-29 $ 507,632.32 80.00
4985492 1-Apr-29 $ 391,701.72 65.33
4985537 1-May-29 $ 315,500.00 69.34
4985582 1-May-29 $ 288,000.00 80.00
4985597 1-Apr-29 $ 473,591.89 66.76
4985613 1-Apr-29 $ 278,741.59 53.14
4985769 1-Apr-29 $ 909,341.36 53.53
4985856 1-Apr-29 $ 261,735.28 79.86
4985882 1-Apr-29 $ 367,726.89 80.00
4985912 1-Mar-29 $ 349,959.29 90.00
4985924 1-Apr-29 $ 299,747.96 60.00
4985930 1-Apr-29 $ 486,450.93 77.28
4985982 1-Apr-29 $ 270,278.27 65.18
4985990 1-Apr-29 $ 362,716.83 67.22
4986258 1-Apr-29 $ 407,681.72 80.00
4986276 1-May-29 $ 458,500.00 70.00
4986396 1-May-29 $ 500,000.00 47.62
4986420 1-Apr-29 $ 444,652.85 64.03
4986502 1-Apr-29 $ 249,814.46 73.53
4986552 1-May-29 $ 290,000.00 68.24
4986609 1-Apr-29 $ 308,597.63 75.37
4986657 1-Apr-29 $ 260,969.55 65.30
4986942 1-Apr-29 $ 799,375.91 54.24
4987127 1-Apr-29 $ 328,237.30 90.00
4987208 1-Apr-29 $ 299,765.97 65.93
4987223 1-Apr-29 $ 387,704.76 80.00
4987226 1-Apr-29 $ 271,787.81 80.00
4987248 1-Apr-29 $ 278,110.34 79.99
4987257 1-Apr-29 $ 349,698.65 63.64
4987360 1-Apr-29 $ 319,724.48 45.07
4987393 1-Apr-29 $ 265,821.51 81.85
4987417 1-Apr-29 $ 304,468.15 79.99
4987469 1-Apr-29 $ 267,780.31 75.92
4987479 1-May-29 $ 637,600.00 75.01
4987503 1-Apr-29 $ 373,222.81 90.00
4987519 1-Apr-29 $ 257,583.42 72.62
4987544 1-Apr-29 $ 301,807.42 67.87
4987553 1-Mar-29 $ 539,195.98 75.00
4987566 1-Apr-29 $ 278,182.82 80.00
4987586 1-Apr-29 $ 349,698.65 58.67
4987660 1-Apr-29 $ 399,655.61 56.34
4987769 1-Apr-29 $ 449,657.58 56.25
4987779 1-Apr-29 $ 349,720.12 66.67
4987787 1-Mar-29 $ 357,335.09 80.00
4987845 1-Apr-29 $ 419,664.13 74.34
4987872 1-Apr-29 $ 309,769.94 44.29
4987943 1-Apr-29 $ 299,747.96 54.55
4988022 1-Apr-29 $ 276,584.06 80.00
4988028 1-Apr-29 $ 429,647.52 58.90
4988046 1-Apr-29 $ 632,130.51 64.55
4988049 1-Apr-29 $ 343,744.70 68.80
4988055 1-Apr-29 $ 491,616.19 57.88
4988079 1-Apr-29 $ 268,800.36 72.70
4988104 1-Apr-29 $ 333,469.61 75.00
4988121 1-Mar-29 $ 359,087.44 80.00
4988136 1-Apr-29 $ 258,632.20 85.00
4988163 1-Apr-29 $ 824,417.71 64.71
4988271 1-Apr-29 $ 384,699.66 71.96
4988273 1-Apr-29 $ 254,790.97 85.43
4988304 1-May-29 $ 352,000.00 80.00
4988372 1-Apr-29 $ 603,516.99 80.00
4988395 1-Apr-29 $ 415,683.46 80.00
4988425 1-Apr-29 $ 319,744.10 70.33
4988426 1-Apr-29 $ 336,543.72 80.00
4988441 1-Apr-29 $ 321,742.50 78.54
4988478 1-Apr-29 $ 364,708.11 68.87
4988587 1-Apr-29 $ 368,719.21 67.09
4988592 1-Apr-29 $ 267,806.03 80.00
4988596 1-Apr-29 $ 335,981.10 72.31
4988620 1-Apr-29 $ 285,682.34 95.00
4988652 1-Apr-29 $ 399,680.12 57.15
4988699 1-Apr-29 $ 296,779.58 79.20
4988713 1-Apr-29 $ 506,004.96 80.00
4988749 1-Apr-29 $ 489,627.15 65.33
4988799 1-May-29 $ 516,000.00 80.00
4988893 1-Apr-29 $ 449,640.14 65.22
4988926 1-Apr-29 $ 510,601.36 70.00
4988934 1-Apr-29 $ 399,647.08 64.31
4988956 1-Apr-29 $ 326,744.91 59.45
4988987 1-Apr-29 $ 356,421.73 80.00
4989006 1-Apr-29 $ 253,781.31 74.71
4989116 1-Apr-29 $ 258,771.49 48.32
4989145 1-Apr-29 $ 258,802.92 70.00
4989266 1-Apr-29 $ 268,790.15 53.80
4989271 1-Apr-29 $ 319,744.10 65.98
4989294 1-Mar-29 $ 280,526.50 64.60
4989321 1-Apr-29 $ 367,765.33 80.00
4989428 1-Apr-29 $ 282,984.50 37.12
4989474 1-Apr-29 $ 288,269.29 51.98
4989497 1-Apr-29 $ 472,631.01 59.13
4989506 1-Apr-29 $ 435,624.61 80.00
4989514 1-May-29 $ 336,000.00 80.00
4989535 1-Apr-29 $ 376,033.82 89.99
4989550 1-Apr-29 $ 400,936.99 75.00
4989583 1-Apr-29 $ 304,737.40 77.22
4989595 1-Apr-29 $ 262,989.52 80.00
4989611 1-Apr-29 $ 586,553.33 68.26
4989665 1-Apr-29 $ 272,720.69 67.40
4989681 1-Mar-29 $ 189,986.32 80.00
4989706 1-Apr-29 $ 391,701.72 80.00
4989763 1-Apr-29 $ 390,709.82 61.19
4989846 1-Apr-29 $ 419,672.36 53.85
4989964 1-May-29 $ 373,500.00 90.00
4989985 1-Apr-29 $ 294,746.01 75.64
4990029 1-Apr-29 $ 332,420.23 90.00
4990113 1-May-29 $ 460,000.00 80.00
4990131 1-Apr-29 $ 131,152.59 75.00
4990168 1-Apr-29 $ 267,790.93 80.00
4990182 1-Apr-29 $ 356,721.51 61.55
4990189 1-Apr-29 $ 302,945.27 80.00
4990223 1-Apr-29 $ 507,004.17 69.99
4990226 1-Apr-29 $ 322,548.18 65.88
4990269 1-May-29 $ 351,700.00 79.99
4990283 1-Apr-29 $ 284,766.38 49.14
4990308 1-Apr-29 $ 319,750.36 79.01
4990309 1-Apr-29 $ 647,519.08 72.81
4990320 1-Apr-29 $ 283,889.16 76.78
4990326 1-Apr-29 $ 269,799.62 60.00
4990384 1-Apr-29 $ 799,344.25 62.75
4990393 1-May-29 $ 315,000.00 47.37
4990397 1-Apr-29 $ 301,270.58 90.00
4990408 1-Apr-29 $ 262,799.87 79.70
4990422 1-Apr-29 $ 311,744.25 65.00
4990433 1-May-29 $ 275,000.00 55.56
4990445 1-Apr-29 $ 440,672.71 69.78
4990478 1-Apr-29 $ 384,684.41 69.37
4990489 1-Feb-29 $ 360,610.78 80.00
4990508 1-May-29 $ 650,000.00 69.89
4990585 1-May-29 $ 404,550.00 75.20
4990809 1-Apr-29 $ 299,777.36 80.00
4990876 1-Apr-29 $ 274,530.29 79.99
4990961 1-Apr-29 $ 499,579.93 67.39
4990980 1-Apr-29 $ 261,395.92 80.00
4990997 1-May-29 $ 268,000.00 80.00
4991059 1-Apr-29 $ 349,765.15 67.96
4991123 1-Mar-29 $ 310,037.67 90.00
4991226 1-Apr-29 $ 349,726.96 66.61
4991329 1-Apr-29 $ 374,692.61 63.03
4991387 1-May-29 $ 486,000.00 77.88
4991462 1-Apr-29 $ 504,634.49 68.71
4991528 1-Apr-29 $ 507,583.59 69.12
4991636 1-Apr-29 $ 300,165.66 79.99
4991665 1-May-19 $ 305,000.00 64.89
4991757 1-Apr-29 $ 544,774.69 80.00
4991910 1-Apr-29 $ 264,971.66 80.00
4991960 1-Apr-29 $ 295,780.32 74.94
4991967 1-Apr-29 $ 324,733.59 62.35
4991982 1-Apr-29 $ 284,788.48 77.03
4992044 1-May-29 $ 385,000.00 67.07
4992129 1-May-29 $ 539,000.00 60.90
4992278 1-Apr-29 $ 322,260.66 75.00
4992313 1-Apr-29 $ 285,782.37 57.78
4992394 1-Apr-29 $ 350,732.92 90.00
4992536 1-May-29 $ 100,000.00 26.67
4992607 1-Apr-29 $ 351,732.15 80.00
4992844 1-May-29 $ 429,600.00 80.00
4992880 1-May-29 $ 276,400.00 80.00
4992956 1-Apr-29 $ 313,742.62 64.48
4993054 1-May-29 $ 214,000.00 74.83
4993112 1-Apr-29 $ 263,489.12 90.00
4993151 1-Apr-29 $ 329,755.09 68.04
4993156 1-Apr-29 $ 285,532.56 90.00
4993165 1-Apr-29 $ 294,258.60 79.59
4993213 1-Apr-29 $ 359,745.92 60.00
4993286 1-May-29 $ 288,000.00 80.00
4993305 1-Apr-29 $ 278,992.79 80.00
4993348 1-Apr-29 $ 286,981.46 80.00
4993437 1-Apr-29 $ 299,771.72 62.50
4993439 1-Apr-29 $ 270,543.97 95.00
4993446 1-Apr-29 $ 253,801.85 67.02
4993493 1-Apr-29 $ 358,996.44 75.00
4993539 1-Apr-29 $ 399,703.14 64.72
4993585 1-May-29 $ 445,000.00 72.36
4993589 1-Apr-29 $ 285,388.04 70.00
4993642 1-Apr-29 $ 649,440.36 74.29
4993720 1-Mar-29 $ 335,512.07 64.62
4993799 1-Apr-29 $ 404,714.15 72.32
4993831 1-May-29 $ 450,000.00 54.88
4993836 1-Apr-29 $ 282,784.65 63.60
4993851 1-Apr-29 $ 304,749.99 65.59
4993979 1-Apr-29 $ 255,823.82 77.58
4994016 1-Apr-29 $ 291,793.91 80.00
4994028 1-Apr-29 $ 278,188.16 80.00
4994030 1-Apr-29 $ 251,567.78 95.00
4994264 1-May-29 $ 536,000.00 80.00
4994298 1-Apr-29 $ 519,584.16 80.00
4994321 1-Apr-29 $ 409,180.55 68.25
4994338 1-May-29 $ 300,000.00 46.51
4994371 1-Apr-29 $ 273,811.43 66.02
4994405 1-Apr-29 $ 266,811.54 71.58
4994432 1-Apr-29 $ 289,773.76 71.78
4994462 1-Apr-29 $ 304,784.73 60.40
4994468 1-Apr-29 $ 251,812.97 80.00
4994475 1-Apr-29 $ 278,787.70 90.00
4994575 1-Apr-29 $ 226,813.93 69.00
4994705 1-May-29 $ 340,000.00 80.00
4994777 1-Apr-29 $ 169,846.31 80.00
4994788 1-Apr-29 $ 395,650.61 80.00
4994794 1-Apr-29 $ 298,455.16 79.99
4994896 1-Feb-29 $ 355,645.82 80.00
4994903 1-Apr-29 $ 283,767.21 78.00
4995076 1-Apr-29 $ 344,743.95 75.00
4995081 1-May-29 $ 578,000.00 72.25
4995137 1-Apr-29 $ 552,499.83 38.13
4995164 1-Apr-29 $ 583,532.98 80.00
4995228 1-May-29 $ 387,200.00 80.00
4995252 1-Apr-29 $ 291,777.80 80.00
4995261 1-May-29 $ 492,000.00 80.00
4995290 1-Apr-29 $ 383,722.07 80.00
4995327 1-Apr-29 $ 157,377.13 70.00
4995332 1-Apr-29 $ 249,795.07 79.37
4995382 1-May-29 $ 120,000.00 54.05
4995418 1-Apr-29 $ 389,634.16 89.09
4995438 1-Apr-29 $ 310,280.84 90.00
4995475 1-May-29 $ 256,000.00 80.00
4995553 1-Apr-29 $ 630,669.71 80.00
4995555 1-Apr-29 $ 454,479.00 80.00
4995570 1-Apr-29 $ 269,799.62 51.92
4995624 1-Apr-29 $ 279,797.34 89.74
4995658 1-May-29 $ 300,000.00 40.54
4995706 1-Apr-29 $ 250,045.59 90.00
4995732 1-Feb-29 $ 550,634.67 60.00
4995744 1-Apr-29 $ 335,717.71 76.36
4995813 1-Apr-29 $ 999,257.85 27.78
4995850 1-Apr-29 $ 340,561.31 75.00
4995977 1-Apr-29 $ 120,312.85 70.00
4996102 1-May-29 $ 465,000.00 62.42
4996116 1-Apr-29 $ 498,610.73 39.92
4996133 1-Apr-29 $ 351,711.46 80.00
4996185 1-May-29 $ 100,000.00 20.41
4996269 1-Apr-29 $ 319,731.15 68.23
4996285 1-Nov-28 $ 571,135.47 77.57
4996295 1-May-29 $ 485,000.00 44.09
4996317 1-Jan-29 $ 245,732.28 94.86
4996342 1-Jan-29 $ 255,941.02 72.32
4996343 1-Dec-28 $ 306,161.27 75.00
4996392 1-Dec-28 $ 261,872.31 84.79
4996425 1-Jan-29 $ 291,666.18 75.00
4996465 1-Jan-29 $ 248,937.72 76.92
4996508 1-Jan-29 $ 275,879.16 77.48
4996511 1-Apr-29 $ 590,050.67 65.61
4996523 1-Jan-24 $ 262,700.36 55.21
4996543 1-Apr-29 $ 426,713.49 75.58
4996584 1-May-29 $ 304,000.00 80.00
4996604 1-May-29 $ 290,275.00 85.00
4996629 1-Apr-29 $ 599,531.94 41.38
4996694 1-Jan-29 $ 295,010.97 80.00
4996713 1-May-28 $ 407,698.94 70.92
4996714 1-May-29 $ 310,500.00 39.30
4996725 1-Jan-29 $ 277,102.49 95.00
4996742 1-Dec-28 $ 278,838.96 94.98
4996792 1-Jan-29 $ 299,011.38 78.05
4996793 1-Feb-29 $ 376,742.60 75.54
4996797 1-Oct-28 $ 263,452.55 88.33
4996803 1-Apr-29 $ 348,991.82 70.00
4996804 1-Jan-29 $ 562,815.43 60.00
4996812 1-Jan-29 $ 279,073.87 74.67
4996813 1-Apr-29 $ 253,611.64 90.00
4996822 1-Mar-29 $ 293,472.35 80.00
4996857 1-Nov-28 $ 278,602.67 64.37
4996868 1-Apr-29 $ 249,809.77 47.17
4996884 1-Apr-29 $ 579,524.57 46.40
4997008 1-Jan-29 $ 398,771.24 84.93
4997017 1-May-29 $ 649,000.00 74.17
4997028 1-Feb-29 $ 392,845.62 75.00
4997030 1-Apr-29 $ 412,178.21 46.88
4997039 1-Apr-29 $ 319,762.51 74.42
4997044 1-Jan-29 $ 313,983.37 90.00
4997047 1-Jan-29 $ 246,041.86 71.33
4997079 1-Jan-29 $ 275,109.28 60.00
4997093 1-Nov-28 $ 258,764.51 80.00
4997101 1-May-29 $ 261,000.00 52.20
4997108 1-Apr-29 $ 320,755.74 78.68
4997110 1-May-29 $ 277,500.00 62.36
4997115 1-Apr-29 $ 254,820.01 69.86
4997127 1-Apr-29 $ 309,745.89 79.49
4997142 1-Dec-28 $ 266,618.40 94.98
4997160 1-Apr-29 $ 499,590.15 60.24
4997174 1-Mar-19 $ 156,334.80 75.85
4997203 1-Mar-29 $ 430,251.02 80.00
4997204 1-Apr-29 $ 371,716.93 79.15
4997215 1-Dec-28 $ 370,543.44 87.32
4997235 1-Jan-29 $ 358,838.15 72.00
4997259 1-May-29 $ 300,000.00 66.23
4997290 1-Jan-29 $ 647,686.99 72.22
4997332 1-May-29 $ 370,000.00 62.08
4997340 1-Jan-29 $ 338,847.58 80.00
4997363 1-Dec-28 $ 451,291.52 73.74
4997376 1-Apr-29 $ 239,821.89 43.01
4997390 1-May-29 $ 247,500.00 90.00
4997406 1-Apr-29 $ 329,742.56 73.83
4997523 1-May-29 $ 311,200.00 80.00
4997587 1-May-29 $ 345,600.00 80.00
4997598 1-Apr-29 $ 284,777.67 67.06
4997630 1-Apr-29 $ 379,710.85 76.77
4997657 1-Apr-29 $ 469,642.38 48.21
4997668 1-Apr-29 $ 356,492.83 80.00
4997669 1-Mar-29 $ 385,365.35 86.74
4997670 1-Apr-29 $ 399,687.96 61.44
4997702 1-May-29 $ 460,000.00 80.00
4997717 1-Apr-29 $ 293,098.15 72.60
4997752 1-Apr-29 $ 530,643.71 64.76
4997801 1-Apr-29 $ 277,798.79 79.43
4997818 1-Apr-29 $ 559,552.17 68.71
4997848 1-May-29 $ 730,000.00 63.48
4997880 1-Apr-29 $ 359,726.06 75.00
4997982 1-Apr-29 $ 299,771.72 37.93
4997998 1-May-29 $ 450,000.00 16.36
4998000 1-Apr-29 $ 542,032.91 70.00
4998018 1-Feb-29 $ 246,931.53 79.07
4998021 1-Apr-29 $ 279,776.08 77.78
4998026 1-Feb-29 $ 367,154.78 76.67
4998044 1-Mar-29 $ 329,496.25 62.86
4998056 1-Apr-29 $ 361,967.40 69.00
4998065 1-Feb-29 $ 279,260.21 80.00
4998066 1-Apr-29 $ 619,516.33 57.14
4998075 1-Mar-29 $ 369,135.19 36.10
4998085 1-Mar-29 $ 266,571.70 75.21
4998090 1-Mar-29 $ 272,443.75 64.20
4998102 1-Mar-29 $ 315,193.58 79.99
4998106 1-Apr-29 $ 317,739.33 73.10
4998120 1-Apr-29 $ 290,167.77 80.00
4998141 1-May-29 $ 271,000.00 69.49
4998160 1-Apr-29 $ 345,736.72 89.87
4998194 1-May-29 $ 357,000.00 70.00
4998202 1-Apr-29 $ 298,672.56 69.51
4998216 1-Apr-29 $ 354,729.87 71.72
4998264 1-Apr-29 $ 419,647.14 80.00
4998289 1-Apr-29 $ 279,786.93 80.00
4998463 1-Apr-29 $ 370,025.18 70.00
4998510 1-May-29 $ 282,400.00 80.00
4998574 1-May-29 $ 432,000.00 80.00
4998575 1-Apr-29 $ 303,501.01 75.00
4998663 1-Apr-29 $ 287,801.80 67.76
4998693 1-Apr-29 $ 270,783.28 79.96
4998702 1-Apr-29 $ 85,936.17 62.32
4998724 1-Apr-29 $ 257,777.87 75.00
4998736 1-Apr-29 $ 344,756.49 69.00
4998824 1-May-29 $ 343,000.00 70.00
4998831 1-Apr-29 $ 259,776.14 80.00
4998846 1-May-29 $ 315,000.00 71.11
4998862 1-Apr-29 $ 281,790.71 67.30
4998959 1-Jul-28 $ 439,617.06 69.29
4998962 1-Apr-29 $ 287,775.33 80.00
4999024 1-Apr-29 $ 269,814.19 69.23
4999042 1-May-29 $ 306,100.00 89.99
4999080 1-May-29 $ 295,900.00 79.99
4999153 1-May-29 $ 403,900.00 72.13
4999169 1-Apr-29 $ 643,497.61 48.60
4999258 1-May-29 $ 396,000.00 90.00
4999428 1-Mar-29 $ 343,461.66 80.00
4999486 1-Apr-29 $ 285,782.37 79.89
4999501 1-May-29 $ 380,000.00 76.77
4999534 1-Apr-29 $ 292,260.24 75.00
4999581 1-Apr-29 $ 357,753.63 69.51
4999584 1-May-29 $ 263,000.00 76.68
4999636 1-Apr-29 $ 257,983.07 75.94
4999694 1-Apr-29 $ 409,646.99 63.08
4999699 1-Apr-29 $ 295,880.25 90.00
4999700 1-May-29 $ 332,000.00 80.00
4999775 1-Mar-29 $ 419,374.65 76.36
4999800 1-Mar-29 $ 256,114.22 36.45
4999823 1-May-29 $ 511,000.00 42.58
4999931 1-Apr-29 $ 399,695.62 52.63
4999940 1-Feb-29 $ 244,423.14 74.24
4999975 1-Mar-29 $ 104,827.36 71.74
4999997 1-Feb-19 $ 417,603.53 42.00
4999998 1-Feb-29 $ 392,027.94 69.56
5000010 1-Apr-29 $ 478,685.48 79.97
5000011 1-Oct-28 $ 258,554.23 67.18
5000019 1-May-29 $ 300,000.00 82.76
5000049 1-Mar-29 $ 349,410.21 78.65
5000068 1-Feb-29 $ 581,593.03 29.15
5000073 1-Feb-29 $ 379,060.09 66.09
5000078 1-Mar-29 $ 568,117.26 70.00
5000087 1-Mar-29 $ 575,076.03 80.00
5000093 1-Feb-29 $ 243,780.48 89.99
5000097 1-Mar-29 $ 254,690.79 94.98
5000101 1-May-29 $ 400,000.00 54.57
5000123 1-Jan-29 $ 269,210.87 79.41
5000131 1-Feb-29 $ 363,099.64 55.15
5000132 1-Jan-29 $ 317,517.70 75.00
5000143 1-Feb-29 $ 617,392.13 68.78
5000148 1-Mar-29 $ 295,405.25 68.84
5000150 1-Feb-29 $ 304,263.91 61.00
5000160 1-Mar-29 $ 500,737.14 50.20
5000170 1-Feb-29 $ 329,223.01 58.05
5000171 1-Jan-29 $ 256,190.74 67.63
5000228 1-Apr-29 $ 643,509.97 80.00
5000269 1-Apr-29 $ 375,720.95 80.00
5000347 1-Feb-29 $ 418,986.40 52.50
5000355 1-Mar-29 $ 403,367.79 80.00
5000358 1-Feb-29 $ 264,058.76 59.11
5000362 1-Feb-29 $ 301,288.93 79.47
5000367 1-Feb-19 $ 296,221.12 84.18
5000375 1-Apr-29 $ 399,724.72 40.20
5000376 1-Feb-29 $ 324,196.11 69.89
5000381 1-Feb-29 $ 279,290.22 78.43
5000383 1-Dec-28 $ 255,810.87 80.00
5000387 1-Feb-29 $ 278,343.10 89.42
5000392 1-Mar-29 $ 619,053.56 80.00
5000398 1-Mar-29 $ 448,511.35 75.00
5000399 1-Mar-29 $ 459,262.10 76.67
5000402 1-Mar-19 $ 318,767.83 80.00
5000403 1-Mar-29 $ 285,591.15 80.00
5000406 1-Feb-29 $ 301,770.34 69.32
5000409 1-Feb-29 $ 262,410.77 71.47
5000411 1-Mar-24 $ 419,558.53 66.76
5000412 1-Feb-29 $ 303,982.61 77.12
5000415 1-Feb-29 $ 315,215.68 53.07
5000480 1-Apr-29 $ 451,629.50 80.00
5000486 1-Feb-29 $ 346,342.20 80.00
5000491 1-Mar-29 $ 295,500.74 80.00
5000507 1-May-29 $ 479,200.00 80.00
5000510 1-Apr-29 $ 412,835.45 73.79
5000520 1-May-29 $ 377,100.00 90.00
5000525 1-Mar-29 $ 274,701.09 64.00
5000540 1-Feb-29 $ 299,741.19 71.16
5000544 1-Apr-29 $ 379,680.75 80.00
5000550 1-Mar-29 $ 295,513.32 80.00
5000602 1-Mar-29 $ 386,155.08 79.20
5000608 1-Mar-29 $ 114,828.77 79.86
5000620 1-Mar-29 $ 115,827.28 53.95
5000623 1-Apr-29 $ 489,671.22 79.67
5000666 1-Apr-29 $ 514,567.33 57.22
5000676 1-Feb-19 $ 281,335.81 77.53
5000785 1-Mar-29 $ 329,496.25 69.47
5000787 1-Apr-29 $ 76,941.41 70.00
5000792 1-Mar-29 $ 99,739.76 79.98
5000810 1-Mar-29 $ 491,191.07 78.10
5000818 1-Mar-29 $ 306,542.90 56.85
5000822 1-Apr-29 $ 355,315.63 70.00
5000828 1-Mar-29 $ 253,103.30 72.84
5000830 1-Mar-29 $ 287,477.87 80.00
5000840 1-Feb-29 $ 261,850.72 67.31
5000843 1-Apr-29 $ 291,760.65 80.00
5000857 1-Apr-29 $ 327,737.70 80.00
5000860 1-Mar-29 $ 519,102.04 80.00
5000869 1-Apr-29 $ 292,777.05 69.76
5000873 1-Mar-29 $ 166,725.42 76.61
5000875 1-Mar-29 $ 574,031.08 58.97
5000897 1-Mar-29 $ 243,339.26 69.64
5000899 1-Mar-29 $ 444,849.13 80.00
5000925 1-Mar-29 $ 148,742.71 74.50
5000938 1-Mar-29 $ 294,426.94 77.61
5000970 1-Mar-29 $ 299,494.48 42.86
5000984 1-Feb-29 $ 255,412.01 80.00
5000990 1-Mar-29 $ 375,411.60 77.37
5001004 1-Mar-29 $ 177,215.27 63.39
5001049 1-Apr-29 $ 257,394.00 80.00
5001071 1-May-29 $ 460,000.00 67.15
5001081 1-Feb-29 $ 450,337.19 72.69
5001092 1-Mar-29 $ 313,470.89 78.50
5001097 1-May-29 $ 440,000.00 72.37
5001101 1-Feb-29 $ 453,874.58 78.99
5001105 1-Feb-29 $ 361,567.63 80.00
5001107 1-Mar-29 $ 331,753.09 90.00
5001116 1-Mar-29 $ 295,489.53 49.33
5001118 1-May-29 $ 324,000.00 80.00
5001125 1-Apr-29 $ 143,881.96 80.00
5001127 1-Feb-29 $ 339,997.60 80.00
5001128 1-Mar-29 $ 150,002.96 78.26
5001133 1-Mar-29 $ 291,531.59 80.00
5001155 1-Feb-29 $ 274,053.24 66.19
5001179 1-Apr-29 $ 401,386.40 61.85
5001191 1-May-29 $ 630,000.00 68.11
5001204 1-Apr-29 $ 384,728.27 70.00
5001219 1-Apr-29 $ 474,638.56 73.08
5001224 1-May-29 $ 345,000.00 69.28
5001251 1-Apr-29 $ 558,741.62 80.00
5001266 1-May-29 $ 254,000.00 89.75
5001370 1-Apr-29 $ 324,733.60 69.15
5001394 1-May-29 $ 297,000.00 54.00
5001478 1-Apr-29 $ 255,350.64 95.00
5001484 1-May-29 $ 430,000.00 61.43
5001580 1-Mar-29 $ 275,934.08 76.81
5001608 1-Feb-29 $ 343,316.27 40.59
5001637 1-May-29 $ 224,500.00 58.31
5001659 1-Mar-29 $ 381,402.22 61.12
5001660 1-Mar-29 $ 399,342.34 80.00
5001672 1-May-29 $ 450,000.00 64.29
5001683 1-Jan-29 $ 284,133.65 77.05
5001686 1-Mar-29 $ 164,735.31 67.90
5001695 1-Mar-29 $ 362,808.99 79.86
5001724 1-May-29 $ 320,000.00 60.38
5001740 1-May-29 $ 636,000.00 70.67
5001746 1-May-29 $ 265,000.00 63.55
5001766 1-Apr-29 $ 359,697.56 60.00
5001767 1-Apr-29 $ 399,680.13 77.67
5001802 1-Mar-29 $ 349,438.55 64.34
5001803 1-Apr-29 $ 250,908.93 90.00
5001807 1-Mar-29 $ 358,794.38 66.56
5001824 1-Mar-29 $ 369,406.48 60.16
5001866 1-Feb-29 $ 260,597.44 95.00
5001891 1-May-29 $ 500,000.00 38.46
5001895 1-May-29 $ 650,000.00 76.47
5001908 1-Mar-29 $ 351,391.10 74.89
5001931 1-Mar-29 $ 274,445.10 60.44
5001958 1-Apr-29 $ 427,649.18 80.00
5001967 1-Apr-29 $ 243,823.40 77.46
5001995 1-May-29 $ 452,000.00 62.78
5002013 1-Mar-29 $ 267,382.75 68.72
5002066 1-Mar-29 $ 174,791.38 80.00
5002093 1-May-29 $ 346,450.00 69.99
5002119 1-Mar-29 $ 483,071.98 80.00
5002147 1-May-29 $ 347,000.00 53.80
5002167 1-Apr-29 $ 866,902.99 57.83
5002186 1-Apr-29 $ 212,346.19 67.46
5002220 1-Apr-29 $ 248,210.98 89.51
5002257 1-May-29 $ 367,200.00 68.00
5002300 1-May-29 $ 370,000.00 69.16
5002315 1-Apr-29 $ 386,674.87 63.08
5002318 1-May-29 $ 633,850.00 65.35
5002343 1-Apr-29 $ 249,019.64 89.00
5002458 1-May-29 $ 261,500.00 66.20
5002482 1-May-29 $ 397,500.00 75.00
5002502 1-Mar-29 $ 622,999.02 80.00
5002530 1-Feb-29 $ 284,329.00 67.65
5002535 1-Mar-29 $ 287,549.30 79.89
5002536 1-May-29 $ 378,800.00 79.98
5002557 1-Mar-29 $ 249,279.23 78.03
5002572 1-Feb-29 $ 327,208.43 80.00
5002576 1-Apr-29 $ 563,038.10 70.00
5002585 1-May-29 $ 385,000.00 65.81
5002587 1-Jun-28 $ 315,873.51 70.31
5002588 1-Aug-28 $ 499,179.30 75.76
5002604 1-Apr-29 $ 449,612.55 59.21
5002615 1-May-29 $ 448,000.00 80.00
5002622 1-Mar-29 $ 255,988.70 77.70
5002656 1-Apr-29 $ 243,582.25 75.00
5002658 1-Apr-29 $ 381,662.97 69.45
5002675 1-Mar-29 $ 348,759.92 72.92
5002704 1-Apr-29 $ 291,766.49 69.03
5002720 1-Feb-29 $ 259,350.54 86.67
5002737 1-Apr-29 $ 649,505.40 65.00
5002748 1-Feb-29 $ 249,396.66 61.96
5002764 1-Apr-29 $ 358,698.39 58.85
5002792 1-Apr-29 $ 649,492.93 50.00
5002798 1-Apr-29 $ 246,752.52 95.00
5002805 1-May-29 $ 289,440.00 80.00
5002891 1-Apr-29 $ 536,545.58 78.97
5002900 1-Apr-29 $ 649,492.93 54.17
5002957 1-May-29 $ 428,000.00 80.00
5002979 1-Mar-29 $ 280,787.57 75.00
5003057 1-May-29 $ 600,000.00 50.21
5003143 1-May-29 $ 249,000.00 65.18
5003144 1-May-29 $ 360,000.00 75.00
5003209 1-May-29 $ 491,465.00 57.55
5003228 1-May-29 $ 261,520.00 80.00
5003283 1-May-29 $ 275,000.00 50.74
5003289 1-May-29 $ 251,500.00 58.49
5003308 1-Apr-29 $ 471,640.84 80.00
5003383 1-Apr-29 $ 550,740.96 71.12
5003453 1-Apr-29 $ 306,416.88 79.99
5003483 1-Apr-29 $ 284,772.09 56.60
5003525 1-Apr-29 $ 344,224.51 62.64
5003534 1-Apr-29 $ 288,369.20 80.00
5003549 1-Mar-29 $ 311,377.74 63.67
5003572 1-Apr-29 $ 299,754.09 57.69
5003591 1-Mar-29 $ 289,568.21 80.00
5003593 1-Apr-29 $ 599,508.18 80.00
5003598 1-Mar-29 $ 295,525.17 59.44
5003600 1-Apr-29 $ 454,645.05 70.00
5003627 1-Apr-29 $ 399,663.95 65.04
5003641 1-May-29 $ 389,000.00 54.41
5003644 1-Apr-29 $ 799,375.91 61.87
5003674 1-Apr-29 $ 395,083.80 69.98
5003727 1-May-29 $ 280,000.00 77.78
5003766 1-Apr-29 $ 294,752.16 58.65
5003770 1-Apr-29 $ 337,255.73 90.00
5003779 1-Apr-29 $ 281,774.49 58.14
5003820 1-Mar-29 $ 260,104.61 39.31
5003872 1-Mar-29 $ 361,203.64 53.24
5003925 1-Apr-29 $ 475,129.06 67.93
5003935 1-May-29 $ 535,000.00 79.97
5003939 1-May-29 $ 260,350.00 80.00
5003971 1-Mar-29 $ 442,519.19 52.29
5003974 1-Apr-29 $ 286,159.13 71.14
5003984 1-May-29 $ 590,600.00 75.00
5003994 1-Apr-29 $ 313,760.31 75.90
5003996 1-Apr-29 $ 649,467.20 64.36
5004021 1-Mar-29 $ 276,022.55 70.00
5004041 1-Feb-29 $ 304,174.36 48.49
5004044 1-Apr-29 $ 302,751.63 53.16
5004054 1-Mar-29 $ 648,877.57 52.00
5004118 1-Apr-29 $ 423,669.24 80.00
5004133 1-May-29 $ 519,200.00 80.00
5004136 1-May-29 $ 324,000.00 80.00
5004190 1-May-29 $ 285,500.00 63.44
5004232 1-May-29 $ 276,000.00 61.33
5004258 1-May-29 $ 288,000.00 80.00
5004272 1-Apr-29 $ 313,155.51 79.99
5004330 1-Apr-29 $ 289,750.32 79.45
5004358 1-May-29 $ 295,000.00 53.64
5004360 1-Apr-29 $ 325,745.68 79.51
5004409 1-Apr-29 $ 263,794.05 80.00
5004483 1-May-29 $ 247,500.00 90.00
5004493 1-Apr-29 $ 282,762.25 49.22
5004566 1-May-29 $ 348,800.00 61.19
5004611 1-Mar-29 $ 292,344.31 66.12
5004689 1-Apr-29 $ 275,795.17 75.62
5004810 1-Apr-29 $ 290,961.31 49.78
5004910 1-May-29 $ 311,000.00 72.33
5004933 1-Apr-29 $ 398,696.39 73.48
5004948 1-Mar-29 $ 296,487.14 63.19
5004954 1-May-29 $ 378,000.00 70.00
5004970 1-May-29 $ 690,000.00 53.49
5004987 1-May-29 $ 268,100.00 70.00
5005101 1-Mar-29 $ 299,506.75 56.60
5005102 1-May-29 $ 250,000.00 65.79
5005119 1-May-29 $ 500,000.00 64.94
5005151 1-May-29 $ 480,000.00 80.00
5005155 1-Mar-29 $ 611,389.58 70.00
5005223 1-Apr-29 $ 199,855.24 28.80
5005257 1-May-29 $ 267,500.00 51.94
5005259 1-May-29 $ 466,300.00 80.00
5005374 1-May-29 $ 500,000.00 80.00
5005490 1-May-29 $ 400,000.00 60.61
5005514 1-May-29 $ 263,920.00 80.00
5005720 1-Apr-29 $ 307,241.66 77.85
5005737 1-May-29 $ 264,000.00 80.00
5005769 1-Apr-29 $ 649,453.92 65.00
5005820 1-May-29 $ 306,000.00 68.00
5005835 1-Apr-29 $ 291,777.80 80.00
5005853 1-May-29 $ 297,300.00 79.92
5005876 1-May-29 $ 626,000.00 56.91
5005956 1-May-29 $ 350,000.00 53.85
5006019 1-May-29 $ 283,500.00 70.00
5006025 1-Apr-29 $ 278,427.16 90.00
5006138 1-May-29 $ 471,800.00 77.34
5006321 1-Apr-29 $ 470,804.13 80.00
5006357 1-Apr-29 $ 351,725.40 61.97
5006395 1-May-29 $ 290,000.00 78.38
5006441 1-Mar-29 $ 535,018.89 29.13
5006470 1-Apr-29 $ 503,566.06 72.00
5006501 1-May-29 $ 387,000.00 65.87
5006543 1-May-29 $ 270,000.00 69.23
5006544 1-Apr-29 $ 277,754.73 49.64
5006588 1-Mar-29 $ 344,004.95 67.30
5006603 1-Apr-29 $ 489,627.15 65.77
5006609 1-Apr-29 $ 349,713.11 63.64
5006653 1-May-29 $ 366,300.00 90.00
5006666 1-Mar-29 $ 409,292.01 63.27
5006684 1-Apr-29 $ 374,669.14 37.50
5006718 1-Feb-29 $ 358,815.81 56.25
5006754 1-Mar-29 $ 277,664.81 90.00
5006781 1-Mar-29 $ 336,459.42 39.19
5006812 1-Mar-29 $ 349,410.23 63.06
5006924 1-Mar-29 $ 274,536.63 63.95
5006941 1-Apr-29 $ 402,635.69 63.97
5006953 1-Mar-29 $ 594,021.73 49.58
5006959 1-Mar-29 $ 281,513.03 49.04
5006989 1-Apr-29 $ 350,926.03 80.00
5007004 1-May-29 $ 281,250.00 75.00
5007078 1-May-29 $ 478,400.00 80.00
5007257 1-Apr-29 $ 444,652.85 73.07
5007276 1-Apr-29 $ 649,505.40 59.09
5007289 1-May-29 $ 345,000.00 52.67
5007309 1-Apr-29 $ 479,606.54 80.00
5007324 1-May-29 $ 300,000.00 69.77
5007328 1-Apr-29 $ 311,750.49 80.00
5007339 1-Apr-29 $ 364,700.81 55.30
5007346 1-May-29 $ 300,000.00 23.17
5007360 1-Apr-29 $ 299,765.97 74.07
5007376 1-Apr-29 $ 321,835.98 58.56
5007391 1-Apr-29 $ 273,386.56 95.00
5007433 1-Apr-29 $ 279,764.77 64.37
5007681 1-Apr-29 $ 269,783.99 73.17
5007700 1-Apr-29 $ 297,967.10 84.96
5007710 1-Mar-29 $ 572,889.55 76.51
5007719 1-May-29 $ 352,750.00 69.85
5007832 1-Apr-29 $ 261,285.65 88.64
5007900 1-May-29 $ 413,000.00 70.00
5007923 1-Apr-29 $ 357,727.59 76.99
5008085 1-May-29 $ 260,000.00 65.00
5008106 1-Feb-29 $ 498,793.34 74.85
5008133 1-May-29 $ 300,000.00 50.00
5008215 1-May-29 $ 724,200.00 42.60
5008301 1-May-29 $ 275,000.00 78.57
5008368 1-Apr-29 $ 261,805.55 80.00
5008425 1-May-29 $ 245,800.00 62.23
5008476 1-May-29 $ 385,000.00 70.00
5008581 1-Apr-29 $ 271,782.48 80.00
5008609 1-May-29 $ 272,500.00 67.28
5008654 1-Feb-29 $ 261,183.59 81.81
5008659 1-Apr-29 $ 436,659.10 79.31
5008690 1-May-29 $ 312,000.00 80.00
5008881 1-May-29 $ 380,000.00 52.41
5008949 1-May-29 $ 521,500.00 70.00
5009136 1-Apr-29 $ 385,698.87 32.17
5009319 1-Apr-29 $ 631,506.98 80.00
5009855 1-Apr-29 $ 512,589.76 78.92
5009872 1-May-29 $ 280,000.00 31.39
5009929 1-Apr-29 $ 455,626.22 65.14
5009937 1-May-29 $ 385,000.00 38.50
5009952 1-May-29 $ 284,150.00 95.00
5009963 1-Apr-29 $ 439,639.33 63.77
5009996 1-Apr-29 $ 369,704.12 63.79
5010017 1-Apr-29 $ 251,593.59 69.56
5010370 1-Apr-29 $ 308,758.96 73.57
5010428 1-Apr-29 $ 341,739.76 90.00
5010672 1-May-29 $ 273,600.00 80.00
5010675 1-Apr-29 $ 294,275.91 78.53
5010746 1-May-29 $ 455,000.00 72.92
5010774 1-Mar-29 $ 291,143.67 90.00
5010839 1-Apr-29 $ 302,252.03 67.22
5010855 1-Apr-29 $ 349,713.11 50.00
5010870 1-Apr-29 $ 349,361.06 41.18
5010872 1-May-29 $ 274,000.00 69.72
5010934 1-Apr-29 $ 419,620.31 46.20
5011013 1-May-29 $ 575,000.00 69.70
5011142 1-Apr-29 $ 524,580.16 78.95
5011169 1-Apr-29 $ 320,743.30 18.34
5011183 1-Apr-29 $ 402,170.07 74.54
5011209 1-Apr-29 $ 263,683.68 52.78
5011215 1-May-29 $ 420,000.00 80.00
5011235 1-Apr-29 $ 401,678.53 68.72
5011251 1-Apr-29 $ 649,467.20 69.89
5011262 1-Apr-29 $ 323,334.75 58.31
5011383 1-May-29 $ 344,000.00 80.00
5011421 1-May-29 $ 416,000.00 79.24
5011445 1-May-29 $ 642,400.00 80.00
5011809 1-Apr-29 $ 299,754.09 74.07
5011845 1-May-29 $ 460,000.00 76.67
5011881 1-Apr-29 $ 274,901.26 50.49
5012071 1-May-29 $ 268,200.00 46.64
5012080 1-Apr-29 $ 243,623.54 80.00
5012324 1-Apr-29 $ 368,697.53 24.60
5012530 1-Apr-29 $ 328,243.74 90.00
5012605 1-May-29 $ 375,000.00 75.00
5012766 1-Apr-29 $ 302,775.13 75.00
5012807 1-Apr-29 $ 380,110.54 71.10
5012864 1-Apr-29 $ 419,680.41 80.00
5012896 1-May-29 $ 174,375.00 75.00
5012966 1-May-29 $ 349,300.00 70.00
5013615 1-Apr-29 $ 649,480.21 65.00
5013963 1-May-29 $ 425,000.00 78.70
5014345 1-May-29 $ 350,000.00 54.26
5014419 1-May-29 $ 385,000.00 70.00
5014459 1-May-29 $ 299,250.00 95.00
5014491 1-May-29 $ 613,500.00 77.17
5014597 1-May-29 $ 524,000.00 80.00
5014663 1-Apr-29 $ 407,704.70 58.29
5015059 1-Apr-29 $ 327,724.44 65.60
5015283 1-Apr-29 $ 360,704.09 59.18
5015344 1-Apr-29 $ 294,769.87 65.56
5015638 1-May-29 $ 382,000.00 68.83
5015794 1-Apr-29 $ 454,126.83 78.38
5015800 1-Apr-29 $ 302,451.87 67.27
5015810 1-Apr-29 $ 549,549.16 65.87
5015836 1-Apr-29 $ 302,745.44 68.86
5015852 1-Mar-29 $ 631,035.23 71.01
5016554 1-May-29 $ 505,350.00 42.47
5016847 1-Mar-29 $ 258,552.75 71.94
5016939 1-Apr-29 $ 264,777.37 72.60
5017021 1-May-29 $ 437,500.00 70.00
5017024 1-Mar-29 $ 276,322.02 80.00
5017101 1-May-29 $ 440,000.00 80.00
5017126 1-Mar-29 $ 278,352.76 74.35
5017152 1-May-29 $ 384,000.00 80.00
5017161 1-Apr-29 $ 368,197.94 65.80
5017560 1-May-29 $ 316,000.00 80.00
5018142 1-Apr-29 $ 263,804.07 80.00
5018165 1-Mar-29 $ 322,292.50 80.00
5018226 1-Apr-29 $ 491,606.55 80.00
5018429 1-Apr-29 $ 435,676.42 79.27
5018432 1-Apr-29 $ 272,776.22 78.00
5018446 1-Apr-29 $ 159,800.00 63.95
5018521 1-Apr-29 $ 339,721.31 77.36
5019844 1-Apr-29 $ 259,792.08 65.00
5020355 1-Mar-29 $ 439,202.31 73.33
5020646 1-May-29 $ 445,000.00 72.12
5020908 1-Apr-29 $ 264,793.28 64.95
5020931 1-May-29 $ 295,500.00 86.91
5021009 1-May-29 $ 375,000.00 38.46
5021857 1-Apr-29 $ 277,760.64 71.28
5023609 1-May-29 $ 475,700.00 69.96
5024884 1-May-29 $ 450,000.00 69.23
5025511 1-May-29 $ 399,500.00 85.00
5027196 1-May-29 $ 370,000.00 80.00
5032659 1-Apr-29 $ 639,475.39 80.00
5034354 1-May-29 $ 431,200.00 80.00
5035435 1-May-29 $ 244,000.00 80.00
5035742 1-May-29 $ 536,000.00 80.00
5036750 1-May-29 $ 350,000.00 77.78
6476286 1-Mar-29 $ 300,808.52 80.00
6484531 1-Apr-29 $ 259,802.16 80.00
6626065 1-May-29 $ 1,000,000.00 75.24
6642202 1-Feb-29 $ 471,913.62 79.90
6722599 1-Apr-29 $ 279,781.58 65.80
6735714 1-Apr-29 $ 499,600.16 75.47
6742813 1-Apr-29 $ 479,926.91 80.00
6759005 1-Apr-29 $ 279,781.58 77.78
6779894 1-Apr-29 $ 287,375.64 80.00
6799858 1-Apr-29 $ 382,186.47 79.69
6803197 1-Apr-29 $ 464,527.71 80.00
6805955 1-Apr-29 $ 312,909.00 86.98
6808576 1-Dec-28 $ 298,512.57 90.00
6812199 1-Jan-29 $ 458,551.57 79.31
6824052 1-Apr-29 $ 310,157.85 80.00
6829486 1-Mar-29 $ 488,714.79 75.31
6862422 1-Mar-29 $ 309,667.34 86.49
6864353 1-Apr-29 $ 267,980.16 90.00
6890254 1-Apr-29 $ 284,760.56 64.77
6907166 1-Sep-28 $ 274,325.07 78.86
6908386 1-Apr-29 $ 349,713.11 53.85
6942077 1-Apr-29 $ 259,647.31 79.99
6946307 1-Apr-29 $ 391,701.72 80.00
6969085 1-Apr-29 $ 259,764.95 45.01
6978877 1-Apr-29 $ 399,680.13 52.98
6979997 1-Mar-29 $ 453,954.06 79.81
6980154 1-Apr-29 $ 494,623.35 66.00
6981273 1-Mar-29 $ 385,880.01 89.99
6989023 1-Mar-29 $ 278,130.56 59.91
7005433 1-Apr-29 $ 259,792.08 57.78
7024391 1-Apr-29 $ 694,416.11 49.64
7026853 1-Apr-29 $ 479,634.76 78.56
7029902 1-Apr-29 $ 349,720.12 58.82
7030900 1-Apr-29 $ 299,782.87 52.63
7040579 1-Jan-29 $ 152,541.53 73.88
7057812 1-Aug-28 $ 297,788.81 68.18
7068958 1-Feb-29 $ 259,402.82 80.00
7088249 1-Jan-29 $ 293,127.26 79.99
7094602 1-May-29 $ 588,000.00 80.00
7094909 1-Apr-29 $ 308,103.42 79.99
7111750 1-Sep-28 $ 302,109.16 80.00
7113390 1-Apr-29 $ 444,635.23 56.91
7113477 1-Apr-29 $ 267,619.39 79.99
7117075 1-Apr-29 $ 280,780.79 75.95
7122107 1-Apr-29 $ 286,692.35 79.99
7134604 1-Apr-29 $ 256,139.95 89.97
7179952 1-Apr-29 $ 248,306.14 70.00
7184832 1-Apr-29 $ 497,657.28 79.68
7221017 1-Apr-29 $ 572,007.09 80.00
7228993 1-Apr-29 $ 299,788.26 94.74
7234595 1-Apr-29 $ 287,019.29 80.00
7237813 1-Apr-29 $ 591,490.30 80.00
7264394 1-Apr-29 $ 313,412.59 95.00
7276850 1-Apr-29 $ 349,713.11 68.44
7278774 1-Apr-29 $ 274,401.72 79.99
7289964 1-Jan-29 $ 531,784.80 79.99
7297141 1-Apr-29 $ 256,409.57 95.00
7300643 1-Feb-29 $ 389,625.14 89.99
7313120 1-Apr-29 $ 256,599.67 78.59
7322597 1-Apr-29 $ 561,074.96 80.00
7338357 1-Feb-29 $ 137,498.24 63.16
7349351 1-Apr-29 $ 258,172.02 80.00
7354737 1-Apr-29 $ 306,669.47 79.89
7367904 1-Apr-29 $ 554,855.93 80.00
7386112 1-Apr-29 $ 299,777.36 92.92
7394420 1-Apr-29 $ 431,671.28 80.00
7394689 1-Feb-29 $ 549,469.02 79.99
7396312 1-May-29 $ 415,124.00 70.00
7403825 1-Mar-29 $ 390,034.52 90.00
7420622 1-Apr-29 $ 446,331.12 80.00
7426993 1-Apr-29 $ 260,786.06 54.38
7431703 1-Apr-29 $ 276,339.57 79.99
7436234 1-Apr-29 $ 287,780.86 80.00
7440919 1-Apr-29 $ 296,456.80 79.99
7445559 1-Apr-29 $ 265,392.81 80.00
7454901 1-Apr-29 $ 387,557.67 80.00
7463298 1-Mar-29 $ 304,498.54 69.32
7465431 1-Mar-29 $ 199,646.12 65.57
7466435 1-Apr-29 $ 603,504.90 80.00
7476749 1-May-29 $ 407,250.00 79.99
7486121 1-Feb-29 $ 204,529.17 54.67
7493188 1-Apr-29 $ 999,219.91 67.80
7495929 1-Feb-29 $ 314,239.81 42.86
7496019 1-Apr-29 $ 270,183.77 89.99
7502641 1-Apr-29 $ 358,719.95 56.09
7520692 1-Apr-29 $ 449,621.95 65.69
7520888 1-Apr-29 $ 568,034.01 43.90
7521331 1-Apr-29 $ 319,774.15 59.26
7521738 1-Apr-29 $ 549,526.46 76.39
7522740 1-Apr-29 $ 319,756.51 80.00
7523700 1-Apr-29 $ 295,769.09 51.93
7526266 1-Apr-29 $ 277,760.65 80.00
7528030 1-Apr-29 $ 399,638.00 79.99
7528233 1-Apr-29 $ 301,770.20 57.52
7528806 1-Apr-29 $ 370,480.75 90.00
7535141 1-Apr-29 $ 312,992.50 80.00
7535861 1-Apr-29 $ 306,422.76 80.00
7537973 1-Apr-29 $ 475,637.81 80.00
7538026 1-Apr-29 $ 379,696.12 77.55
7543386 1-Mar-29 $ 364,384.96 79.87
7547993 1-Apr-29 $ 247,796.72 57.01
7551247 1-Apr-29 $ 499,609.95 80.00
7551804 1-Apr-29 $ 584,374.60 48.75
7552627 1-Apr-29 $ 314,535.53 29.98
7555959 1-Apr-29 $ 429,264.87 80.00
7556609 1-Apr-29 $ 459,603.95 80.00
7556980 1-Apr-29 $ 320,754.22 79.95
7559365 1-Apr-29 $ 283,789.23 80.00
7561010 1-May-29 $ 726,000.00 80.00
7562705 1-May-29 $ 365,000.00 77.17
7563630 1-Apr-29 $ 388,525.59 90.00
7565988 1-Apr-29 $ 298,117.26 69.99
7568184 1-Apr-29 $ 333,496.04 75.00
7568399 1-Apr-29 $ 261,405.85 80.00
7568438 1-Apr-29 $ 549,591.82 68.75
7568440 1-Apr-29 $ 293,976.13 69.55
7569705 1-Apr-29 $ 299,788.26 36.14
7572025 1-Apr-29 $ 252,812.24 92.00
7572163 1-Apr-29 $ 386,705.53 90.00
7572923 1-Apr-29 $ 465,336.70 68.99
7574382 1-Apr-29 $ 244,438.86 95.00
7574506 1-Apr-29 $ 308,740.40 64.51
7574773 1-Apr-29 $ 373,178.43 90.00
7575103 1-Apr-29 $ 374,714.66 75.00
7576195 1-Apr-29 $ 399,680.13 53.33
7576492 1-Mar-29 $ 313,806.08 69.89
7577223 1-Apr-29 $ 389,230.34 79.75
7578188 1-Apr-29 $ 260,801.40 90.00
7578942 1-Apr-29 $ 324,533.77 80.00
7579286 1-May-29 $ 309,600.00 90.00
7581000 1-Apr-29 $ 999,139.02 55.56
7581829 1-Apr-29 $ 258,707.86 89.99
7582642 1-Apr-29 $ 455,643.32 80.00
7583661 1-Apr-29 $ 267,775.81 85.00
7583689 1-Apr-29 $ 269,988.83 94.99
7583919 1-Apr-29 $ 299,747.96 60.71
7583951 1-Apr-29 $ 261,790.49 54.81
7585800 1-Apr-29 $ 305,199.62 80.00
7586646 1-Apr-29 $ 379,281.09 80.00
7586855 1-Apr-29 $ 359,704.91 59.11
7587045 1-Mar-29 $ 366,126.15 59.82
7587742 1-Apr-29 $ 339,747.67 50.37
7588249 1-Apr-29 $ 251,777.67 80.00
7588291 1-Apr-29 $ 304,579.39 80.00
7588620 1-Apr-29 $ 332,253.24 69.27
7589617 1-Mar-29 $ 277,519.95 73.16
7589843 1-Apr-29 $ 252,572.80 77.69
7590303 1-Apr-29 $ 329,755.09 62.26
7590562 1-Mar-29 $ 299,506.75 59.64
7590908 1-Apr-29 $ 300,271.34 80.00
7591458 1-Apr-29 $ 577,060.57 70.00
7592103 1-Apr-29 $ 306,754.49 58.48
7592250 1-Apr-29 $ 367,613.00 79.98
7593432 1-Apr-29 $ 403,792.51 74.83
7593772 1-Apr-29 $ 519,594.35 53.33
7594358 1-Apr-29 $ 282,605.70 75.47
7594805 1-Apr-29 $ 304,237.83 76.51
7595717 1-Apr-29 $ 263,783.60 57.39
7595975 1-Mar-29 $ 247,102.99 90.00
7596851 1-Mar-29 $ 359,463.99 83.72
7596939 1-Apr-29 $ 427,569.24 80.00
7596955 1-Apr-29 $ 369,681.44 78.94
7597066 1-Apr-29 $ 343,981.45 90.00
7597227 1-Apr-29 $ 427,140.85 72.46
7597332 1-Apr-29 $ 494,584.14 79.71
7597462 1-Apr-29 $ 279,781.58 80.00
7597917 1-Mar-29 $ 748,826.33 75.00
7598259 1-Apr-29 $ 251,058.82 75.00
7598485 1-Apr-29 $ 274,634.87 72.20
7598682 1-Apr-29 $ 499,569.51 69.93
7598754 1-Mar-29 $ 445,747.61 59.53
7599859 1-Apr-29 $ 343,724.91 68.80
7599991 1-Apr-29 $ 343,724.91 80.00
7600262 1-Apr-29 $ 431,645.89 80.00
7600531 1-Mar-29 $ 295,648.00 70.00
7600603 1-Apr-29 $ 624,434.99 47.35
7601226 1-Apr-29 $ 347,669.80 79.27
7602642 1-May-29 $ 290,320.00 80.00
7603059 1-Apr-29 $ 560,528.69 48.78
7603090 1-Apr-29 $ 549,570.95 57.89
7603285 1-Mar-29 $ 464,254.09 79.90
7603436 1-Apr-29 $ 335,987.69 80.00
7603721 1-Apr-29 $ 649,467.20 59.09
7604779 1-Apr-29 $ 407,665.57 29.35
7604795 1-Apr-29 $ 999,180.30 54.05
7604851 1-Mar-29 $ 459,262.10 69.17
7605022 1-Apr-29 $ 319,231.58 67.98
7605041 1-Apr-29 $ 402,661.43 65.00
7605198 1-Apr-29 $ 343,431.88 77.24
7605221 1-Apr-29 $ 467,616.38 67.83
7605367 1-Apr-29 $ 538,989.96 80.00
7605650 1-Apr-29 $ 299,771.72 80.00
7606775 1-Apr-29 $ 254,424.78 95.00
7607579 1-Apr-29 $ 328,224.02 90.00
7607650 1-Apr-29 $ 359,704.91 80.00
7608586 1-May-29 $ 573,600.00 80.00
7608603 1-Mar-29 $ 359,408.10 75.00
7608951 1-Apr-29 $ 318,145.38 80.00
7609076 1-Apr-29 $ 259,811.82 80.00
7609300 1-Apr-29 $ 389,803.17 79.99
7609490 1-Apr-29 $ 369,696.71 49.33
7610039 1-Apr-29 $ 299,771.72 94.79
7610535 1-Apr-29 $ 649,467.20 68.57
7610554 1-Apr-29 $ 317,932.67 57.85
7611801 1-Apr-29 $ 269,794.55 90.00
7612077 1-Apr-29 $ 389,499.08 90.00
7612861 1-Apr-29 $ 274,341.09 95.00
7613209 1-Mar-29 $ 648,904.71 32.50
7613535 1-Apr-29 $ 367,712.92 80.00
7613575 1-Apr-29 $ 276,296.88 80.00
7613983 1-Apr-29 $ 302,169.90 80.00
7614396 1-Apr-29 $ 575,404.16 80.00
7614643 1-Apr-29 $ 330,971.71 79.99
7614682 1-Apr-29 $ 534,592.91 76.98
7615158 1-Apr-29 $ 922,224.57 69.77
7615210 1-Apr-29 $ 267,769.26 80.00
7615319 1-Apr-29 $ 649,505.40 43.33
7615769 1-May-29 $ 740,000.00 80.00
7617015 1-Apr-29 $ 349,013.68 70.00
7617250 1-Apr-29 $ 328,230.73 90.00
7617377 1-Apr-29 $ 279,464.77 80.00
7617414 1-Apr-29 $ 444,161.77 70.00
7618373 1-Apr-29 $ 599,531.94 73.62
7618419 1-Apr-29 $ 266,159.17 80.00
7618462 1-Apr-29 $ 257,294.08 93.73
7618742 1-May-29 $ 324,000.00 90.00
7618834 1-Mar-29 $ 335,447.55 80.00
7619720 1-Apr-29 $ 617,376.25 63.06
7619767 1-Apr-29 $ 297,749.44 68.51
7620812 1-Apr-29 $ 306,766.40 42.05
7621018 1-Apr-29 $ 268,058.73 80.00
7621118 1-Apr-29 $ 269,778.68 78.49
7621263 1-Apr-29 $ 266,791.72 86.77
7621455 1-Apr-29 $ 727,432.09 48.53
7621776 1-Mar-29 $ 319,460.78 83.55
7622128 1-Apr-29 $ 323,659.62 89.97
7622195 1-Apr-29 $ 339,734.77 78.70
7622203 1-Apr-29 $ 341,719.67 90.00
7622299 1-Apr-29 $ 276,475.85 80.00
7622324 1-Apr-29 $ 456,616.07 33.85
7623415 1-Apr-29 $ 405,267.53 80.00
7623878 1-Apr-29 $ 531,595.19 70.00
7624443 1-Apr-29 $ 649,412.39 79.36
7624485 1-Apr-29 $ 386,674.88 78.81
7624569 1-Apr-29 $ 395,156.52 79.99
7624603 1-Apr-29 $ 281,203.75 56.40
7624618 1-Apr-29 $ 459,649.97 80.00
7624987 1-Apr-29 $ 382,408.80 83.56
7625087 1-Apr-29 $ 750,899.04 68.32
7625132 1-Apr-29 $ 309,320.12 80.00
7625615 1-Apr-29 $ 263,672.70 80.00
7626583 1-Apr-29 $ 283,273.29 75.00
7627137 1-Apr-29 $ 304,849.91 90.00
7627274 1-Apr-29 $ 439,556.84 79.98
7627511 1-Apr-29 $ 391,678.68 68.17
7627967 1-May-29 $ 562,950.00 46.91
7628078 1-Apr-29 $ 304,231.34 75.00
7628143 1-Apr-29 $ 333,739.45 49.12
7628455 1-Apr-29 $ 386,013.75 80.00
7628764 1-Apr-19 $ 419,156.36 70.00
7629443 1-Apr-29 $ 251,543.64 95.00
7629848 1-Apr-29 $ 331,721.08 80.00
7630098 1-Apr-29 $ 293,370.96 80.00
7630129 1-Apr-29 $ 304,750.00 87.14
7630590 1-Apr-29 $ 297,767.53 64.78
7630853 1-Apr-29 $ 283,378.77 68.57
7630957 1-Apr-29 $ 251,576.75 95.00
7631778 1-Apr-29 $ 255,360.35 94.47
7632270 1-Apr-29 $ 407,689.55 80.00
7632649 1-Apr-29 $ 377,705.12 78.75
7632724 1-Apr-29 $ 251,803.98 90.00
7632805 1-Apr-29 $ 536,060.23 52.60
7633247 1-Apr-29 $ 431,671.28 80.00
7633260 1-Apr-29 $ 269,809.44 78.26
7633363 1-Apr-29 $ 335,020.16 87.09
7633762 1-Apr-29 $ 306,672.24 90.00
7634558 1-Apr-29 $ 263,791.12 80.00
7634571 1-Apr-29 $ 399,687.96 89.91
7635026 1-Apr-29 $ 545,574.07 60.67
7635309 1-Apr-29 $ 299,765.97 80.00
7635560 1-Apr-29 $ 305,761.29 79.92
7635683 1-Apr-29 $ 304,762.07 44.53
7635763 1-Apr-29 $ 352,503.61 68.24
7636593 1-Apr-29 $ 404,684.07 75.00
7636720 1-Apr-29 $ 385,713.53 74.23
7637045 1-Apr-29 $ 273,796.65 68.50
7637257 1-Apr-29 $ 375,021.48 90.00
7638008 1-Apr-29 $ 321,942.34 79.56
7638019 1-Apr-29 $ 359,709.46 75.00
7638907 1-Apr-29 $ 309,745.89 68.89
7639063 1-Apr-29 $ 276,789.23 79.14
7639137 1-Apr-29 $ 389,710.56 33.62
7639275 1-Apr-29 $ 977,237.07 44.45
7639833 1-Apr-29 $ 274,785.48 71.99
7640035 1-Mar-29 $ 288,513.03 45.87
7640182 1-Apr-29 $ 374,700.12 60.00
7640558 1-Apr-29 $ 344,268.34 58.15
7641561 1-May-29 $ 456,000.00 60.00
7641626 1-Apr-29 $ 355,715.31 80.00
7641787 1-Apr-29 $ 299,754.09 80.00
7642181 1-Apr-29 $ 799,420.98 64.00
7642427 1-Apr-29 $ 439,665.20 80.00
7642467 1-Apr-19 $ 285,442.59 68.50
7642543 1-Apr-29 $ 342,739.00 64.72
7643171 1-Apr-29 $ 449,657.58 69.12
7643640 1-Apr-29 $ 277,288.85 75.00
7644295 1-Apr-29 $ 247,765.99 95.00
7645202 1-Apr-29 $ 246,352.84 67.55
7645250 1-May-29 $ 711,750.00 65.00
7645442 1-Apr-29 $ 579,013.15 36.22
7645680 1-Apr-29 $ 539,589.10 80.00
7646511 1-Apr-29 $ 303,750.81 80.00
7646802 1-Apr-29 $ 315,753.49 80.00
7647930 1-Apr-29 $ 309,739.56 63.92
7648344 1-Apr-29 $ 516,886.32 63.47
7648575 1-Apr-29 $ 287,769.69 80.00
7648855 1-May-29 $ 332,000.00 80.00
7649561 1-Apr-29 $ 474,647.48 69.85
7649598 1-Apr-29 $ 350,739.51 90.00
7649609 1-Apr-29 $ 459,641.16 80.00
7650496 1-Apr-29 $ 298,583.74 80.00
7650546 1-Apr-29 $ 254,810.75 75.00
7650994 1-Apr-29 $ 539,546.33 80.00
7651573 1-Apr-29 $ 804,402.57 64.40
7652222 1-Apr-29 $ 299,760.09 73.17
7652394 1-Apr-29 $ 274,790.74 34.38
7652959 1-Apr-29 $ 299,760.09 70.59
7653609 1-Apr-29 $ 384,699.66 23.33
7654241 1-Apr-29 $ 306,160.98 80.00
7654722 1-Apr-29 $ 263,799.12 80.00
7655736 1-Apr-29 $ 284,577.83 80.00
7656025 1-Apr-29 $ 372,694.25 56.52
7656738 1-Apr-29 $ 251,793.44 80.00
7656802 1-Apr-29 $ 324,740.10 50.00
7657144 1-Apr-29 $ 240,802.45 66.94
7658094 1-Apr-29 $ 300,521.15 80.00
7658136 1-Apr-29 $ 287,975.18 94.80
7658279 1-Apr-29 $ 243,019.51 80.00
7658712 1-Apr-29 $ 399,703.14 23.53
7660770 1-Apr-29 $ 467,652.68 80.00
7661550 1-Apr-29 $ 279,802.38 86.15
7661890 1-Apr-29 $ 355,729.12 80.00
7662791 1-Apr-29 $ 251,793.44 80.00
7663011 1-Apr-29 $ 582,697.88 80.00
7663019 1-Apr-29 $ 221,339.69 69.22
7663490 1-Apr-29 $ 499,628.93 80.00
7663798 1-Apr-29 $ 332,746.61 90.00
7664095 1-Apr-29 $ 274,724.62 90.00
7664159 1-May-29 $ 271,200.00 80.00
7664709 1-May-29 $ 346,100.00 79.99
7664835 1-Apr-29 $ 299,754.09 49.18
7665233 1-Apr-29 $ 799,391.27 61.54
7665641 1-Apr-29 $ 289,285.15 75.19
7665718 1-Apr-29 $ 283,772.89 80.00
7665753 1-Apr-29 $ 318,358.87 80.00
7665754 1-Apr-29 $ 429,256.46 80.00
7666402 1-Apr-29 $ 299,771.72 60.00
7668308 1-Apr-29 $ 299,771.72 75.00
7670393 1-Apr-29 $ 659,459.00 73.33
7670509 1-May-29 $ 300,000.00 75.00
7670708 1-Apr-29 $ 354,723.06 56.80
7670816 1-Apr-29 $ 261,750.68 77.04
7671390 1-Apr-29 $ 314,748.10 67.89
7673394 1-Apr-29 $ 413,660.65 61.33
7674208 1-Apr-29 $ 336,923.60 85.00
7674959 1-Apr-29 $ 341,666.25 79.53
7675632 1-Apr-29 $ 273,286.65 86.83
7676165 1-Apr-29 $ 276,289.60 70.00
7676607 1-Apr-29 $ 265,297.98 78.09
7676829 1-Apr-29 $ 269,784.09 75.00
7677382 1-Apr-29 $ 315,753.49 48.62
7677583 1-Apr-29 $ 274,795.91 59.78
7677719 1-Apr-29 $ 649,517.61 73.86
7677826 1-Apr-29 $ 248,310.91 75.30
7678655 1-Apr-29 $ 359,632.18 80.00
7678887 1-Apr-29 $ 272,802.41 84.52
7679319 1-Apr-29 $ 264,603.48 80.00
7679438 1-Apr-29 $ 636,451.56 70.00
7679966 1-Apr-29 $ 259,781.57 80.00
7681941 1-Apr-29 $ 458,442.10 76.47
7682677 1-May-29 $ 600,000.00 50.08
7683167 1-Apr-29 $ 467,226.07 70.00
7683791 1-May-29 $ 350,000.00 64.81
7684273 1-May-29 $ 261,250.00 95.00
7687328 1-Apr-29 $ 351,732.15 73.33
7688079 1-Apr-29 $ 251,293.84 77.38
7688890 1-Apr-29 $ 332,752.87 72.39
7688918 1-May-29 $ 500,000.00 73.53
7695561 1-Apr-29 $ 999,239.08 80.00
7696269 1-Apr-29 $ 382,230.03 75.00
7699637 1-Apr-29 $ 278,182.82 80.00
7700408 1-May-29 $ 325,500.00 75.00
7702868 1-May-29 $ 278,887.00 80.00
$ 534,687,624.00
</TABLE>
Table (continued)
<TABLE>
<CAPTION>
(i) (xi) (xii) (xiii) (xiv) (xv) (xvi)
- ----- --------- ---------- -------- ----------- ----------- -----------
MORTGAGE MORTGAGE T.O.P. MASTER FIXED
LOAN INSURANCE SERVICE MORTGAGE SERVICE RETAINED
NUMBER SUBSIDY CODE FEE LOAN FEE YIELD
- -------- --------- ---------- -------- ----------- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
4737419 13 0.250 0.017 0.733
4760024 0.250 0.017 0.608
4774946 33 0.250 0.017 0.858
4793472 0.250 0.017 0.733
4825390 0.250 0.017 0.108
4847542 0.250 0.017 0.358
4850330 0.250 0.017 0.108
4856960 0.250 0.017 0.233
4860029 0.250 0.017 0.983
4861677 0.250 0.017 0.983
4862345 0.250 0.017 0.358
4874033 0.250 0.017 0.108
4901293 0.250 0.017 0.483
4902206 0.250 0.017 0.608
4903271 0.250 0.017 0.233
4903377 0.250 0.017 0.608
4912651 0.250 0.017 0.233
4913373 0.250 0.017 0.000
4914037 0.250 0.017 0.000
4915009 0.250 0.017 1.108
4920252 12 0.250 0.017 0.358
4922030 0.250 0.017 0.483
4925288 11 0.250 0.017 0.608
4934820 17 0.250 0.017 0.233
4936527 0.250 0.017 0.000
4938185 0.250 0.017 0.358
4938771 0.250 0.017 0.608
4939626 0.250 0.017 0.483
4941270 0.250 0.017 0.733
4941356 0.250 0.017 0.233
4945737 0.250 0.017 0.358
4946218 0.250 0.017 0.483
4947397 01 0.250 0.017 0.000
4947477 0.250 0.017 0.108
4947596 01 0.250 0.017 0.608
4947912 0.250 0.017 0.358
4948066 0.250 0.017 0.358
4949215 0.250 0.017 0.358
4951814 0.250 0.017 0.358
4952128 0.250 0.017 0.108
4953443 0.250 0.017 0.108
4953878 0.250 0.017 0.358
4954207 0.250 0.017 0.733
4954236 0.250 0.017 0.108
4954879 0.250 0.017 0.483
4955454 0.250 0.017 0.858
4955680 0.250 0.017 0.233
4956461 33 0.250 0.017 0.608
4957040 0.250 0.017 0.108
4957064 0.250 0.017 0.000
4957604 0.250 0.017 0.858
4958383 01 0.250 0.017 0.108
4958634 0.250 0.017 0.358
4960159 0.250 0.017 0.233
4960375 0.250 0.017 0.483
4960900 0.250 0.017 0.483
4961313 0.250 0.017 0.233
4961501 06 0.250 0.017 0.000
4961873 0.250 0.017 0.608
4961960 0.250 0.017 0.358
4962051 0.250 0.017 0.000
4962104 0.250 0.017 0.108
4962132 0.250 0.017 0.608
4962184 0.250 0.017 0.108
4962186 0.250 0.017 0.000
4962229 01 0.250 0.017 0.733
4962291 0.250 0.017 0.608
4962543 0.250 0.017 0.358
4962717 0.250 0.017 0.733
4963018 0.250 0.017 0.733
4964004 01 0.250 0.017 0.108
4964039 0.250 0.017 0.233
4964097 0.250 0.017 0.358
4964119 0.250 0.017 0.358
4964279 0.250 0.017 0.233
4964611 0.250 0.017 0.233
4964624 0.250 0.017 0.108
4964677 0.250 0.017 0.233
4964886 0.250 0.017 0.483
4965043 0.250 0.017 0.233
4965049 0.250 0.017 0.233
4965368 0.250 0.017 0.233
4965474 06 0.250 0.017 0.983
4965523 06 0.250 0.017 0.108
4965538 0.250 0.017 0.233
4965660 11 0.250 0.017 1.108
4965777 0.250 0.017 0.608
4965850 0.250 0.017 0.233
4965856 0.250 0.017 0.233
4965884 0.250 0.017 0.483
4966463 0.250 0.017 0.358
4966673 0.250 0.017 0.358
4966908 17 0.250 0.017 1.108
4967247 0.250 0.017 0.108
4967307 0.250 0.017 0.483
4967462 0.250 0.017 0.233
4967478 0.250 0.017 0.000
4967699 0.250 0.017 0.608
4967705 0.250 0.017 0.233
4967707 0.250 0.017 0.108
4967807 0.250 0.017 0.000
4967833 0.250 0.017 0.483
4969090 0.250 0.017 0.108
4969134 0.250 0.017 0.000
4969332 0.250 0.017 0.483
4969447 0.250 0.017 0.000
4969452 0.250 0.017 0.483
4969490 0.250 0.017 0.483
4969587 0.250 0.017 0.233
4969637 0.250 0.017 0.358
4969639 0.250 0.017 0.358
4969661 0.250 0.017 0.000
4969718 0.250 0.017 0.608
4969834 0.250 0.017 0.000
4970036 0.250 0.017 0.108
4970050 0.250 0.017 0.000
4970697 0.250 0.017 0.233
4970847 0.250 0.017 0.608
4970933 0.250 0.017 0.108
4970999 0.250 0.017 0.358
4971514 0.250 0.017 0.483
4971548 06 0.250 0.017 0.483
4971588 0.250 0.017 0.608
4971617 0.250 0.017 0.483
4971943 0.250 0.017 0.233
4971994 0.250 0.017 0.733
4972119 0.250 0.017 0.233
4972285 0.250 0.017 0.608
4972300 0.250 0.017 0.233
4972332 0.250 0.017 0.608
4972492 0.250 0.017 0.483
4972510 0.250 0.017 0.608
4972765 0.250 0.017 0.608
4972866 0.250 0.017 0.000
4973134 13 0.250 0.017 0.483
4973227 0.250 0.017 0.483
4973478 0.250 0.017 0.233
4973564 0.250 0.017 0.608
4973729 0.250 0.017 0.233
4973764 0.250 0.017 0.108
4973882 0.250 0.017 0.733
4974004 0.250 0.017 0.108
4974030 0.250 0.017 0.608
4974074 0.250 0.017 0.000
4974174 0.250 0.017 0.108
4974209 0.250 0.017 0.000
4974251 0.250 0.017 0.108
4974258 0.250 0.017 0.608
4974269 0.250 0.017 0.233
4974375 0.250 0.017 0.233
4974429 0.250 0.017 0.608
4974458 0.250 0.017 0.733
4974568 0.250 0.017 0.233
4974577 0.250 0.017 0.000
4974602 0.250 0.017 0.358
4974705 0.250 0.017 0.000
4974735 0.250 0.017 0.108
4974857 0.250 0.017 0.000
4974862 0.250 0.017 0.733
4974944 0.250 0.017 0.483
4975492 01 0.250 0.017 0.858
4975670 0.250 0.017 0.358
4975810 0.250 0.017 0.358
4975838 0.250 0.017 0.483
4975858 0.250 0.017 0.358
4975880 0.250 0.017 0.000
4975901 0.250 0.017 0.108
4975905 0.250 0.017 0.358
4975942 0.250 0.017 0.858
4975957 0.250 0.017 0.358
4976112 0.250 0.017 0.108
4976122 0.250 0.017 0.733
4976204 0.250 0.017 0.233
4976221 0.250 0.017 0.483
4976297 0.250 0.017 0.733
4976311 0.250 0.017 0.000
4976460 0.250 0.017 0.000
4976500 0.250 0.017 0.483
4976588 0.250 0.017 0.233
4976774 0.250 0.017 0.608
4976793 0.250 0.017 0.000
4976849 0.250 0.017 0.000
4976916 0.250 0.017 0.483
4976986 0.250 0.017 0.358
4977141 17 0.250 0.017 0.483
4977233 0.250 0.017 0.233
4977482 0.250 0.017 0.483
4977494 0.250 0.017 0.233
4977513 0.250 0.017 0.483
4977516 0.250 0.017 0.108
4977783 0.250 0.017 0.108
4977788 0.250 0.017 0.733
4977935 0.250 0.017 0.108
4977974 0.250 0.017 0.108
4977996 33 0.250 0.017 0.608
4978080 0.250 0.017 0.358
4978101 0.250 0.017 0.108
4978122 0.250 0.017 0.358
4978153 0.250 0.017 0.358
4978160 0.250 0.017 0.358
4978255 0.250 0.017 0.233
4978286 0.250 0.017 0.000
4978367 0.250 0.017 0.233
4978459 0.250 0.017 1.233
4978531 0.250 0.017 0.483
4978574 0.250 0.017 0.358
4978656 0.250 0.017 0.483
4978804 0.250 0.017 0.483
4978820 0.250 0.017 0.108
4978950 FX30YR 0.250 0.017 0.108
4979100 0.250 0.017 0.733
4979127 33 0.250 0.017 1.108
4979234 12 0.250 0.017 0.000
4979332 0.250 0.017 0.233
4979383 0.250 0.017 0.000
4979405 0.250 0.017 0.358
4979479 0.250 0.017 0.608
4979641 0.250 0.017 0.358
4980316 0.250 0.017 0.233
4980328 0.250 0.017 0.358
4980347 0.250 0.017 0.358
4980544 13 0.250 0.017 0.000
4980576 0.250 0.017 0.483
4980581 0.250 0.017 0.000
4980596 0.250 0.017 0.000
4980964 0.250 0.017 0.000
4981139 0.250 0.017 0.483
4981263 0.250 0.017 0.108
4981371 0.250 0.017 0.358
4981437 0.250 0.017 0.483
4981497 17 0.250 0.017 0.108
4981539 0.250 0.017 0.000
4981554 0.250 0.017 0.608
4981573 0.250 0.017 0.233
4981650 0.250 0.017 0.108
4981682 0.250 0.017 0.000
4981883 12 0.250 0.017 0.000
4981918 0.250 0.017 0.108
4981986 0.250 0.017 0.000
4982076 0.250 0.017 0.608
4982096 0.250 0.017 0.233
4982101 0.250 0.017 0.483
4982182 0.250 0.017 0.608
4982281 0.250 0.017 0.000
4982376 0.250 0.017 0.233
4982407 0.250 0.017 0.733
4982487 0.250 0.017 0.483
4982525 13 0.250 0.017 0.358
4982629 0.250 0.017 0.108
4982650 0.250 0.017 0.733
4982722 0.250 0.017 0.233
4983021 0.250 0.017 1.108
4983096 0.250 0.017 0.000
4983187 06 0.250 0.017 0.000
4983494 0.250 0.017 0.358
4983658 0.250 0.017 0.000
4983769 0.250 0.017 0.000
4983816 0.250 0.017 0.000
4983880 0.250 0.017 0.000
4984046 06 0.250 0.017 1.108
4984062 0.250 0.017 0.733
4984095 0.250 0.017 0.000
4984156 0.250 0.017 0.233
4984239 01 0.250 0.017 0.608
4984248 0.250 0.017 0.233
4984251 0.250 0.017 0.483
4984385 0.250 0.017 0.233
4984451 0.250 0.017 0.108
4984703 0.250 0.017 0.108
4984776 0.250 0.017 0.000
4984873 33 0.250 0.017 0.608
4984946 0.250 0.017 0.608
4985173 0.250 0.017 0.608
4985243 0.250 0.017 0.233
4985285 0.250 0.017 0.608
4985370 0.250 0.017 0.358
4985395 0.250 0.017 0.858
4985492 0.250 0.017 0.608
4985537 0.250 0.017 0.733
4985582 0.250 0.017 0.108
4985597 0.250 0.017 0.000
4985613 0.250 0.017 0.000
4985769 0.250 0.017 0.858
4985856 0.250 0.017 0.233
4985882 0.250 0.017 0.733
4985912 06 0.250 0.017 0.108
4985924 0.250 0.017 0.108
4985930 0.250 0.017 0.233
4985982 0.250 0.017 0.233
4985990 0.250 0.017 0.483
4986258 0.250 0.017 0.483
4986276 0.250 0.017 0.233
4986396 0.250 0.017 0.608
4986420 0.250 0.017 0.483
4986502 0.250 0.017 0.733
4986552 0.250 0.017 0.108
4986609 0.250 0.017 0.858
4986657 0.250 0.017 0.000
4986942 0.250 0.017 0.483
4987127 33 0.250 0.017 0.358
4987208 0.250 0.017 0.483
4987223 0.250 0.017 0.608
4987226 0.250 0.017 0.483
4987248 0.250 0.017 0.000
4987257 0.250 0.017 0.000
4987360 0.250 0.017 0.000
4987393 06 0.250 0.017 1.233
4987417 0.250 0.017 0.608
4987469 0.250 0.017 0.233
4987479 0.250 0.017 0.608
4987503 01 0.250 0.017 0.733
4987519 0.250 0.017 0.108
4987544 0.250 0.017 1.483
4987553 0.250 0.017 0.733
4987566 0.250 0.017 0.483
4987586 0.250 0.017 0.000
4987660 0.250 0.017 0.000
4987769 0.250 0.017 0.608
4987779 0.250 0.017 0.358
4987787 0.250 0.017 0.000
4987845 0.250 0.017 0.358
4987872 0.250 0.017 0.733
4987943 0.250 0.017 0.108
4988022 0.250 0.017 0.483
4988028 0.250 0.017 0.233
4988046 0.250 0.017 0.733
4988049 0.250 0.017 0.733
4988055 0.250 0.017 0.483
4988079 0.250 0.017 0.733
4988104 0.250 0.017 0.108
4988121 0.250 0.017 0.108
4988136 11 0.250 0.017 0.108
4988163 0.250 0.017 0.983
4988271 0.250 0.017 0.483
4988273 06 0.250 0.017 0.233
4988304 0.250 0.017 0.733
4988372 0.250 0.017 0.358
4988395 0.250 0.017 0.608
4988425 0.250 0.017 0.358
4988426 0.250 0.017 0.608
4988441 0.250 0.017 0.358
4988478 0.250 0.017 0.358
4988587 0.250 0.017 0.608
4988592 0.250 0.017 0.858
4988596 0.250 0.017 0.358
4988620 06 0.250 0.017 0.733
4988652 0.250 0.017 0.358
4988699 0.250 0.017 0.733
4988713 0.250 0.017 0.483
4988749 0.250 0.017 0.608
4988799 0.250 0.017 0.108
4988893 0.250 0.017 0.358
4988926 0.250 0.017 0.483
4988934 0.250 0.017 0.000
4988956 0.250 0.017 0.483
4988987 0.250 0.017 0.483
4989006 0.250 0.017 0.000
4989116 0.250 0.017 0.000
4989145 0.250 0.017 0.608
4989266 0.250 0.017 0.483
4989271 0.250 0.017 0.358
4989294 0.250 0.017 0.108
4989321 0.250 0.017 1.483
4989428 0.250 0.017 0.608
4989474 0.250 0.017 0.358
4989497 0.250 0.017 0.483
4989506 0.250 0.017 0.000
4989514 0.250 0.017 1.233
4989535 12 0.250 0.017 0.108
4989550 0.250 0.017 0.483
4989583 0.250 0.017 0.000
4989595 0.250 0.017 0.358
4989611 0.250 0.017 0.608
4989665 0.250 0.017 0.108
4989681 0.250 0.017 0.733
4989706 0.250 0.017 0.608
4989763 0.250 0.017 0.733
4989846 0.250 0.017 0.483
4989964 11 0.250 0.017 0.733
4989985 0.250 0.017 0.000
4990029 12 0.250 0.017 0.108
4990113 0.250 0.017 0.233
4990131 0.250 0.017 0.733
4990168 0.250 0.017 0.483
4990182 0.250 0.017 0.483
4990189 0.250 0.017 0.108
4990223 0.250 0.017 0.483
4990226 0.250 0.017 0.483
4990269 0.250 0.017 0.608
4990283 0.250 0.017 0.233
4990308 0.250 0.017 0.483
4990309 0.250 0.017 0.733
4990320 0.250 0.017 0.733
4990326 0.250 0.017 0.733
4990384 0.250 0.017 0.233
4990393 0.250 0.017 0.483
4990397 33 0.250 0.017 0.608
4990408 0.250 0.017 0.608
4990422 0.250 0.017 0.233
4990433 0.250 0.017 0.608
4990445 0.250 0.017 0.733
4990478 0.250 0.017 0.233
4990489 0.250 0.017 0.233
4990508 0.250 0.017 0.608
4990585 0.250 0.017 0.233
4990809 0.250 0.017 0.733
4990876 0.250 0.017 0.358
4990961 0.250 0.017 0.108
4990980 0.250 0.017 0.483
4990997 0.250 0.017 0.483
4991059 0.250 0.017 1.233
4991123 33 0.250 0.017 0.733
4991226 0.250 0.017 0.483
4991329 0.250 0.017 0.233
4991387 0.250 0.017 0.733
4991462 0.250 0.017 0.858
4991528 0.250 0.017 0.233
4991636 0.250 0.017 0.483
4991665 0.250 0.017 0.483
4991757 0.250 0.017 0.483
4991910 0.250 0.017 0.000
4991960 0.250 0.017 0.733
4991967 0.250 0.017 0.233
4991982 0.250 0.017 0.733
4992044 0.250 0.017 0.000
4992129 0.250 0.017 0.233
4992278 0.250 0.017 0.733
4992313 0.250 0.017 0.608
4992394 17 0.250 0.017 0.608
4992536 0.250 0.017 0.858
4992607 0.250 0.017 0.608
4992844 0.250 0.017 0.733
4992880 0.250 0.017 0.000
4992956 0.250 0.017 0.233
4993054 0.250 0.017 1.358
4993112 13 0.250 0.017 0.358
4993151 0.250 0.017 0.733
4993156 17 0.250 0.017 0.608
4993165 0.250 0.017 0.233
4993213 0.250 0.017 0.983
4993286 0.250 0.017 0.000
4993305 0.250 0.017 0.733
4993348 0.250 0.017 0.608
4993437 0.250 0.017 0.608
4993439 12 0.250 0.017 0.608
4993446 0.250 0.017 0.483
4993493 0.250 0.017 0.983
4993539 0.250 0.017 0.733
4993585 0.250 0.017 1.108
4993589 0.250 0.017 0.733
4993642 0.250 0.017 0.000
4993720 0.250 0.017 0.858
4993799 0.250 0.017 0.983
4993831 0.250 0.017 0.733
4993836 0.250 0.017 0.608
4993851 0.250 0.017 0.233
4993979 0.250 0.017 1.108
4994016 0.250 0.017 0.983
4994028 0.250 0.017 0.608
4994030 17 0.250 0.017 0.858
4994264 0.250 0.017 0.733
4994298 0.250 0.017 0.358
4994321 0.250 0.017 0.483
4994338 0.250 0.017 0.108
4994371 0.250 0.017 1.108
4994405 0.250 0.017 0.983
4994432 0.250 0.017 0.483
4994462 0.250 0.017 0.983
4994468 0.250 0.017 0.733
4994475 17 0.250 0.017 0.608
4994575 0.250 0.017 0.233
4994705 0.250 0.017 0.233
4994777 0.250 0.017 0.000
4994788 0.250 0.017 0.000
4994794 0.250 0.017 0.233
4994896 0.250 0.017 0.233
4994903 0.250 0.017 0.233
4995076 0.250 0.017 0.733
4995081 0.250 0.017 0.483
4995137 0.250 0.017 0.858
4995164 0.250 0.017 0.358
4995228 0.250 0.017 0.233
4995252 0.250 0.017 0.608
4995261 0.250 0.017 0.000
4995290 0.250 0.017 0.858
4995327 0.250 0.017 0.483
4995332 0.250 0.017 0.233
4995382 0.250 0.017 0.483
4995418 01 0.250 0.017 0.608
4995438 17 0.250 0.017 0.983
4995475 0.250 0.017 0.108
4995553 0.250 0.017 0.108
4995555 0.250 0.017 0.983
4995570 0.250 0.017 0.733
4995624 12 0.250 0.017 0.858
4995658 0.250 0.017 0.358
4995706 06 0.250 0.017 0.608
4995732 0.250 0.017 0.233
4995744 0.250 0.017 0.108
4995813 0.250 0.017 0.733
4995850 0.250 0.017 0.108
4995977 0.250 0.017 0.858
4996102 0.250 0.017 0.483
4996116 0.250 0.017 0.483
4996133 0.250 0.017 0.233
4996185 0.250 0.017 0.858
4996269 0.250 0.017 0.108
4996285 0.250 0.017 0.233
4996295 0.250 0.017 0.358
4996317 12 0.250 0.017 0.108
4996342 0.250 0.017 0.483
4996343 0.250 0.017 0.000
4996392 01 0.250 0.017 0.733
4996425 0.250 0.017 0.983
4996465 0.250 0.017 0.108
4996508 0.250 0.017 0.358
4996511 0.250 0.017 0.608
4996523 0.250 0.017 0.108
4996543 0.250 0.017 1.233
4996584 0.250 0.017 0.233
4996604 01 0.250 0.017 0.108
4996629 0.250 0.017 0.483
4996694 0.250 0.017 0.608
4996713 0.250 0.017 0.733
4996714 0.250 0.017 0.608
4996725 11 0.250 0.017 1.108
4996742 06 0.250 0.017 0.233
4996792 0.250 0.017 0.483
4996793 0.250 0.017 0.108
4996797 13 0.250 0.017 0.233
4996803 0.250 0.017 0.000
4996804 0.250 0.017 0.483
4996812 0.250 0.017 0.233
4996813 33 0.250 0.017 0.733
4996822 0.250 0.017 0.233
4996857 0.250 0.017 0.233
4996868 0.250 0.017 0.608
4996884 0.250 0.017 0.233
4997008 11 0.250 0.017 0.608
4997017 0.250 0.017 0.608
4997028 0.250 0.017 0.608
4997030 0.250 0.017 0.483
4997039 0.250 0.017 0.733
4997044 06 0.250 0.017 0.358
4997047 0.250 0.017 0.608
4997079 0.250 0.017 0.358
4997093 0.250 0.017 0.483
4997101 0.250 0.017 0.608
4997108 0.250 0.017 0.608
4997110 0.250 0.017 0.233
4997115 0.250 0.017 0.983
4997127 0.250 0.017 0.233
4997142 13 0.250 0.017 0.858
4997160 0.250 0.017 0.233
4997174 0.250 0.017 0.108
4997203 0.250 0.017 0.000
4997204 0.250 0.017 0.608
4997215 11 0.250 0.017 0.733
4997235 0.250 0.017 0.358
4997259 0.250 0.017 0.608
4997290 0.250 0.017 0.000
4997332 0.250 0.017 0.000
4997340 0.250 0.017 0.108
4997363 0.250 0.017 0.358
4997376 0.250 0.017 0.733
4997390 01 0.250 0.017 0.608
4997406 0.250 0.017 0.483
4997523 0.250 0.017 0.858
4997587 0.250 0.017 0.608
4997598 0.250 0.017 0.483
4997630 0.250 0.017 0.608
4997657 0.250 0.017 0.608
4997668 0.250 0.017 0.608
4997669 06 0.250 0.017 0.233
4997670 0.250 0.017 0.483
4997702 0.250 0.017 0.608
4997717 0.250 0.017 1.108
4997752 0.250 0.017 1.233
4997801 0.250 0.017 0.858
4997818 0.250 0.017 0.358
4997848 0.250 0.017 0.483
4997880 0.250 0.017 0.608
4997982 0.250 0.017 0.608
4997998 0.250 0.017 0.483
4998000 0.250 0.017 0.000
4998018 0.250 0.017 0.608
4998021 0.250 0.017 0.358
4998026 0.250 0.017 0.608
4998044 0.250 0.017 0.608
4998056 0.250 0.017 0.483
4998065 0.250 0.017 0.608
4998066 0.250 0.017 0.483
4998075 0.250 0.017 0.608
4998085 0.250 0.017 0.358
4998090 0.250 0.017 0.733
4998102 0.250 0.017 0.358
4998106 0.250 0.017 0.233
4998120 0.250 0.017 0.358
4998141 0.250 0.017 0.483
4998160 17 0.250 0.017 0.608
4998194 0.250 0.017 0.608
4998202 0.250 0.017 0.608
4998216 0.250 0.017 0.608
4998264 0.250 0.017 0.108
4998289 0.250 0.017 0.608
4998463 0.250 0.017 0.733
4998510 0.250 0.017 1.108
4998574 0.250 0.017 0.608
4998575 0.250 0.017 0.233
4998663 0.250 0.017 1.108
4998693 0.250 0.017 0.358
4998702 0.250 0.017 0.733
4998724 0.250 0.017 0.000
4998736 0.250 0.017 0.983
4998824 0.250 0.017 0.608
4998831 0.250 0.017 0.000
4998846 0.250 0.017 0.733
4998862 0.250 0.017 0.733
4998959 0.250 0.017 0.233
4998962 0.250 0.017 0.483
4999024 0.250 0.017 1.108
4999042 06 0.250 0.017 0.483
4999080 0.250 0.017 0.233
4999153 0.250 0.017 0.608
4999169 0.250 0.017 0.483
4999258 17 0.250 0.017 0.733
4999428 0.250 0.017 0.483
4999486 0.250 0.017 0.608
4999501 0.250 0.017 0.233
4999534 0.250 0.017 0.233
4999581 0.250 0.017 1.108
4999584 0.250 0.017 0.233
4999636 0.250 0.017 0.108
4999694 0.250 0.017 0.000
4999699 11 0.250 0.017 0.733
4999700 0.250 0.017 0.608
4999775 0.250 0.017 0.733
4999800 0.250 0.017 0.733
4999823 0.250 0.017 1.483
4999931 0.250 0.017 0.608
4999940 0.250 0.017 0.483
4999975 0.250 0.017 0.233
4999997 0.250 0.017 0.358
4999998 0.250 0.017 0.233
5000010 0.250 0.017 0.608
5000011 0.250 0.017 0.483
5000019 06 0.250 0.017 0.608
5000049 0.250 0.017 0.108
5000068 0.250 0.017 0.358
5000073 0.250 0.017 0.233
5000078 0.250 0.017 0.000
5000087 0.250 0.017 0.358
5000093 11 0.250 0.017 0.108
5000097 01 0.250 0.017 0.358
5000101 0.250 0.017 0.108
5000123 0.250 0.017 0.858
5000131 0.250 0.017 0.233
5000132 0.250 0.017 0.358
5000143 0.250 0.017 0.000
5000148 0.250 0.017 0.483
5000150 0.250 0.017 0.358
5000160 0.250 0.017 0.358
5000170 0.250 0.017 0.483
5000171 0.250 0.017 0.483
5000228 0.250 0.017 0.608
5000269 0.250 0.017 0.733
5000347 0.250 0.017 0.358
5000355 0.250 0.017 0.483
5000358 0.250 0.017 0.108
5000362 0.250 0.017 0.483
5000367 11 0.250 0.017 0.000
5000375 0.250 0.017 1.108
5000376 0.250 0.017 0.233
5000381 0.250 0.017 0.108
5000383 0.250 0.017 0.608
5000387 11 0.250 0.017 0.483
5000392 0.250 0.017 0.608
5000398 0.250 0.017 0.233
5000399 0.250 0.017 0.358
5000402 0.250 0.017 0.233
5000403 0.250 0.017 0.358
5000406 0.250 0.017 0.000
5000409 0.250 0.017 0.733
5000411 0.250 0.017 0.233
5000412 0.250 0.017 0.483
5000415 0.250 0.017 0.608
5000480 0.250 0.017 0.233
5000486 0.250 0.017 0.233
5000491 0.250 0.017 0.108
5000507 0.250 0.017 0.608
5000510 0.250 0.017 0.000
5000520 01 0.250 0.017 0.608
5000525 0.250 0.017 0.000
5000540 0.250 0.017 0.358
5000544 0.250 0.017 0.108
5000550 0.250 0.017 0.233
5000602 0.250 0.017 0.358
5000608 0.250 0.017 0.733
5000620 0.250 0.017 0.733
5000623 0.250 0.017 1.233
5000666 0.250 0.017 0.108
5000676 0.250 0.017 0.108
5000785 0.250 0.017 0.608
5000787 0.250 0.017 0.608
5000792 0.250 0.017 0.358
5000810 0.250 0.017 0.233
5000818 0.250 0.017 0.733
5000822 0.250 0.017 0.358
5000828 0.250 0.017 0.483
5000830 0.250 0.017 0.000
5000840 0.250 0.017 0.233
5000843 0.250 0.017 0.233
5000857 0.250 0.017 0.358
5000860 0.250 0.017 0.000
5000869 0.250 0.017 0.608
5000873 0.250 0.017 0.233
5000875 0.250 0.017 0.108
5000897 0.250 0.017 0.108
5000899 0.250 0.017 0.108
5000925 0.250 0.017 0.000
5000938 0.250 0.017 0.358
5000970 0.250 0.017 0.108
5000984 0.250 0.017 0.608
5000990 0.250 0.017 0.483
5001004 0.250 0.017 0.358
5001049 0.250 0.017 0.358
5001071 0.250 0.017 0.358
5001081 0.250 0.017 0.483
5001092 0.250 0.017 0.108
5001097 0.250 0.017 0.000
5001101 0.250 0.017 0.233
5001105 0.250 0.017 0.608
5001107 12 0.250 0.017 0.483
5001116 0.250 0.017 0.233
5001118 0.250 0.017 0.483
5001125 0.250 0.017 0.233
5001127 0.250 0.017 0.483
5001128 0.250 0.017 0.233
5001133 0.250 0.017 0.358
5001155 0.250 0.017 0.483
5001179 0.250 0.017 0.483
5001191 0.250 0.017 0.483
5001204 0.250 0.017 0.983
5001219 0.250 0.017 0.608
5001224 0.250 0.017 0.733
5001251 0.250 0.017 0.233
5001266 17 0.250 0.017 0.233
5001370 0.250 0.017 0.233
5001394 0.250 0.017 0.608
5001478 33 0.250 0.017 0.483
5001484 0.250 0.017 0.000
5001580 0.250 0.017 0.108
5001608 0.250 0.017 0.108
5001637 0.250 0.017 0.608
5001659 0.250 0.017 0.483
5001660 0.250 0.017 0.233
5001672 0.250 0.017 1.108
5001683 0.250 0.017 0.108
5001686 0.250 0.017 0.358
5001695 0.250 0.017 0.733
5001724 0.250 0.017 0.483
5001740 0.250 0.017 0.358
5001746 0.250 0.017 0.108
5001766 0.250 0.017 0.108
5001767 0.250 0.017 0.358
5001802 0.250 0.017 0.358
5001803 11 0.250 0.017 0.608
5001807 0.250 0.017 0.108
5001824 0.250 0.017 0.358
5001866 17 0.250 0.017 0.183
5001891 0.250 0.017 0.000
5001895 0.250 0.017 0.983
5001908 0.250 0.017 0.233
5001931 0.250 0.017 0.608
5001958 0.250 0.017 0.233
5001967 0.250 0.017 0.858
5001995 0.250 0.017 0.733
5002013 0.250 0.017 0.233
5002066 0.250 0.017 0.108
5002093 0.250 0.017 0.000
5002119 0.250 0.017 0.233
5002147 0.250 0.017 0.000
5002167 0.250 0.017 1.108
5002186 0.250 0.017 0.858
5002220 06 0.250 0.017 0.608
5002257 0.250 0.017 0.483
5002300 0.250 0.017 0.358
5002315 0.250 0.017 0.108
5002318 0.250 0.017 0.483
5002343 17 0.250 0.017 0.858
5002458 0.250 0.017 0.233
5002482 0.250 0.017 1.108
5002502 0.250 0.017 0.358
5002530 0.250 0.017 0.483
5002535 0.250 0.017 0.483
5002536 0.250 0.017 0.733
5002557 0.250 0.017 0.108
5002572 0.250 0.017 0.358
5002576 0.250 0.017 0.233
5002585 0.250 0.017 0.000
5002587 0.250 0.017 0.483
5002588 0.250 0.017 0.483
5002604 0.250 0.017 0.000
5002615 0.250 0.017 0.358
5002622 0.250 0.017 0.358
5002656 0.250 0.017 1.108
5002658 0.250 0.017 0.000
5002675 0.250 0.017 0.233
5002704 0.250 0.017 0.358
5002720 06 0.250 0.017 0.183
5002737 0.250 0.017 0.608
5002748 0.250 0.017 0.358
5002764 0.250 0.017 0.108
5002792 0.250 0.017 0.483
5002798 11 0.250 0.017 0.358
5002805 0.250 0.017 0.358
5002891 0.250 0.017 0.358
5002900 0.250 0.017 0.483
5002957 0.250 0.017 0.233
5002979 0.250 0.017 0.233
5003057 0.250 0.017 0.358
5003143 0.250 0.017 0.608
5003144 0.250 0.017 0.358
5003209 0.250 0.017 0.000
5003228 0.250 0.017 0.608
5003283 0.250 0.017 0.358
5003289 0.250 0.017 0.108
5003308 0.250 0.017 0.608
5003383 0.250 0.017 0.733
5003453 0.250 0.017 0.733
5003483 0.250 0.017 0.358
5003525 0.250 0.017 0.358
5003534 0.250 0.017 0.358
5003549 0.250 0.017 0.608
5003572 0.250 0.017 0.233
5003591 0.250 0.017 0.733
5003593 0.250 0.017 0.233
5003598 0.250 0.017 0.358
5003600 0.250 0.017 0.483
5003627 0.250 0.017 0.108
5003641 0.250 0.017 0.483
5003644 0.250 0.017 0.483
5003674 0.250 0.017 0.358
5003727 0.250 0.017 0.608
5003766 0.250 0.017 0.108
5003770 13 0.250 0.017 0.858
5003779 0.250 0.017 0.358
5003820 0.250 0.017 0.233
5003872 0.250 0.017 0.233
5003925 0.250 0.017 0.483
5003935 0.250 0.017 0.358
5003939 0.250 0.017 0.108
5003971 0.250 0.017 0.233
5003974 0.250 0.017 0.108
5003984 0.250 0.017 0.483
5003994 0.250 0.017 0.608
5003996 0.250 0.017 0.233
5004021 0.250 0.017 0.000
5004041 0.250 0.017 0.233
5004044 0.250 0.017 0.233
5004054 0.250 0.017 0.000
5004118 0.250 0.017 0.483
5004133 0.250 0.017 0.733
5004136 0.250 0.017 0.000
5004190 0.250 0.017 0.233
5004232 0.250 0.017 0.483
5004258 0.250 0.017 0.358
5004272 0.250 0.017 0.483
5004330 0.250 0.017 0.000
5004358 0.250 0.017 0.000
5004360 0.250 0.017 0.483
5004409 0.250 0.017 0.483
5004483 11 0.250 0.017 0.733
5004493 0.250 0.017 0.108
5004566 0.250 0.017 0.858
5004611 0.250 0.017 0.000
5004689 0.250 0.017 0.733
5004810 0.250 0.017 0.233
5004910 0.250 0.017 0.608
5004933 0.250 0.017 0.608
5004948 0.250 0.017 0.000
5004954 0.250 0.017 0.608
5004970 0.250 0.017 0.483
5004987 0.250 0.017 1.233
5005101 0.250 0.017 0.233
5005102 0.250 0.017 0.358
5005119 0.250 0.017 0.233
5005151 0.250 0.017 0.108
5005155 0.250 0.017 0.000
5005223 0.250 0.017 0.858
5005257 0.250 0.017 0.733
5005259 0.250 0.017 0.000
5005374 0.250 0.017 0.108
5005490 0.250 0.017 0.983
5005514 0.250 0.017 0.483
5005720 0.250 0.017 0.108
5005737 0.250 0.017 0.233
5005769 0.250 0.017 0.108
5005820 0.250 0.017 0.108
5005835 0.250 0.017 0.608
5005853 0.250 0.017 0.483
5005876 0.250 0.017 0.733
5005956 0.250 0.017 0.233
5006019 0.250 0.017 0.608
5006025 06 0.250 0.017 0.358
5006138 0.250 0.017 0.483
5006321 0.250 0.017 0.108
5006357 0.250 0.017 0.483
5006395 0.250 0.017 0.608
5006441 0.250 0.017 0.233
5006470 0.250 0.017 0.000
5006501 0.250 0.017 0.483
5006543 0.250 0.017 0.858
5006544 0.250 0.017 0.000
5006588 0.250 0.017 0.000
5006603 0.250 0.017 0.608
5006609 0.250 0.017 0.233
5006653 33 0.250 0.017 0.858
5006666 0.250 0.017 0.000
5006684 0.250 0.017 0.000
5006718 0.250 0.017 0.108
5006754 13 0.250 0.017 0.483
5006781 0.250 0.017 0.358
5006812 0.250 0.017 0.108
5006924 0.250 0.017 0.108
5006941 0.250 0.017 0.000
5006953 0.250 0.017 0.233
5006959 0.250 0.017 0.000
5006989 0.250 0.017 0.483
5007004 0.250 0.017 0.358
5007078 0.250 0.017 0.608
5007257 0.250 0.017 0.483
5007276 0.250 0.017 0.608
5007289 0.250 0.017 0.483
5007309 0.250 0.017 0.233
5007324 0.250 0.017 0.608
5007328 0.250 0.017 0.358
5007339 0.250 0.017 0.233
5007346 0.250 0.017 0.483
5007360 0.250 0.017 0.483
5007376 0.250 0.017 0.233
5007391 01 0.250 0.017 0.483
5007433 0.250 0.017 0.108
5007681 0.250 0.017 0.358
5007700 11 0.250 0.017 0.483
5007710 0.250 0.017 0.358
5007719 0.250 0.017 0.483
5007832 01 0.250 0.017 0.233
5007900 0.250 0.017 0.108
5007923 0.250 0.017 0.608
5008085 0.250 0.017 0.733
5008106 0.250 0.017 0.358
5008133 0.250 0.017 0.108
5008215 0.250 0.017 0.733
5008301 0.250 0.017 0.608
5008368 0.250 0.017 0.733
5008425 0.250 0.017 0.608
5008476 0.250 0.017 0.608
5008581 0.250 0.017 0.358
5008609 0.250 0.017 0.858
5008654 06 0.250 0.017 0.483
5008659 0.250 0.017 0.483
5008690 0.250 0.017 0.358
5008881 0.250 0.017 0.000
5008949 0.250 0.017 0.108
5009136 0.250 0.017 0.483
5009319 0.250 0.017 0.483
5009855 0.250 0.017 0.358
5009872 0.250 0.017 0.233
5009929 0.250 0.017 0.233
5009937 0.250 0.017 1.233
5009952 11 0.250 0.017 0.608
5009963 0.250 0.017 0.233
5009996 0.250 0.017 0.358
5010017 0.250 0.017 0.233
5010370 0.250 0.017 0.483
5010428 11 0.250 0.017 0.608
5010672 0.250 0.017 0.000
5010675 0.250 0.017 0.608
5010746 0.250 0.017 0.983
5010774 01 0.250 0.017 0.483
5010839 0.250 0.017 0.233
5010855 0.250 0.017 0.233
5010870 0.250 0.017 0.608
5010872 0.250 0.017 0.483
5010934 0.250 0.017 0.000
5011013 0.250 0.017 0.733
5011142 0.250 0.017 0.358
5011169 0.250 0.017 0.358
5011183 0.250 0.017 0.233
5011209 0.250 0.017 0.233
5011215 0.250 0.017 0.233
5011235 0.250 0.017 0.358
5011251 0.250 0.017 0.233
5011262 0.250 0.017 0.233
5011383 0.250 0.017 0.000
5011421 0.250 0.017 1.108
5011445 0.250 0.017 0.733
5011809 0.250 0.017 0.233
5011845 0.250 0.017 0.608
5011881 0.250 0.017 0.000
5012071 0.250 0.017 0.483
5012080 0.250 0.017 0.858
5012324 0.250 0.017 0.233
5012530 11 0.250 0.017 0.483
5012605 0.250 0.017 0.733
5012766 0.250 0.017 0.733
5012807 0.250 0.017 0.608
5012864 0.250 0.017 0.608
5012896 0.250 0.017 0.000
5012966 0.250 0.017 0.483
5013615 0.250 0.017 0.358
5013963 0.250 0.017 0.483
5014345 0.250 0.017 0.483
5014419 0.250 0.017 0.000
5014459 01 0.250 0.017 1.108
5014491 0.250 0.017 0.483
5014597 0.250 0.017 0.733
5014663 0.250 0.017 0.858
5015059 0.250 0.017 0.108
5015283 0.250 0.017 0.233
5015344 0.250 0.017 0.483
5015638 0.250 0.017 0.108
5015794 0.250 0.017 0.233
5015800 0.250 0.017 0.233
5015810 0.250 0.017 0.233
5015836 0.250 0.017 0.108
5015852 0.250 0.017 0.608
5016554 0.250 0.017 0.483
5016847 0.250 0.017 0.000
5016939 0.250 0.017 0.108
5017021 0.250 0.017 0.608
5017024 0.250 0.017 0.000
5017101 0.250 0.017 0.358
5017126 0.250 0.017 0.358
5017152 0.250 0.017 0.483
5017161 0.250 0.017 0.233
5017560 0.250 0.017 0.108
5018142 0.250 0.017 0.733
5018165 0.250 0.017 0.000
5018226 0.250 0.017 0.358
5018429 0.250 0.017 0.733
5018432 0.250 0.017 0.233
5018446 0.250 0.017 0.000
5018521 0.250 0.017 0.233
5019844 0.250 0.017 0.358
5020355 0.250 0.017 0.000
5020646 0.250 0.017 0.608
5020908 0.250 0.017 0.483
5020931 33 0.250 0.017 0.233
5021009 0.250 0.017 0.233
5021857 0.250 0.017 0.000
5023609 0.250 0.017 0.108
5024884 0.250 0.017 0.233
5025511 17 0.250 0.017 0.358
5027196 0.250 0.017 0.483
5032659 0.250 0.017 0.233
5034354 0.250 0.017 0.483
5035435 0.250 0.017 0.483
5035742 0.250 0.017 0.000
5036750 0.250 0.017 0.608
6476286 0.250 0.017 0.483
6484531 0.250 0.017 0.608
6626065 0.250 0.017 0.608
6642202 0.250 0.017 0.608
6722599 0.250 0.017 0.483
6735714 0.250 0.017 0.358
6742813 0.250 0.017 0.358
6759005 0.250 0.017 0.483
6779894 0.250 0.017 0.483
6799858 0.250 0.017 0.233
6803197 0.250 0.017 0.000
6805955 11 0.250 0.017 0.983
6808576 17 0.250 0.017 0.000
6812199 0.250 0.017 0.483
6824052 0.250 0.017 0.483
6829486 0.250 0.017 0.358
6862422 01 0.250 0.017 0.000
6864353 13 0.250 0.017 0.233
6890254 0.250 0.017 0.108
6907166 0.250 0.017 0.733
6908386 0.250 0.017 0.233
6942077 0.250 0.017 0.358
6946307 0.250 0.017 0.608
6969085 0.250 0.017 0.000
6978877 0.250 0.017 0.358
6979997 0.250 0.017 0.608
6980154 0.250 0.017 0.608
6981273 01 0.250 0.017 0.358
6989023 0.250 0.017 0.108
7005433 0.250 0.017 0.358
7024391 0.250 0.017 0.108
7026853 0.250 0.017 0.608
7029902 0.250 0.017 0.358
7030900 0.250 0.017 0.858
7040579 0.250 0.017 0.733
7057812 0.250 0.017 0.358
7068958 0.250 0.017 0.608
7088249 0.250 0.017 0.233
7094602 0.250 0.017 0.233
7094909 0.250 0.017 0.358
7111750 0.250 0.017 0.608
7113390 0.250 0.017 0.233
7113477 0.250 0.017 0.000
7117075 0.250 0.017 0.483
7122107 0.250 0.017 0.858
7134604 01 0.250 0.017 0.608
7179952 0.250 0.017 0.483
7184832 0.250 0.017 1.108
7221017 0.250 0.017 0.000
7228993 11 0.250 0.017 0.983
7234595 0.250 0.017 0.358
7237813 0.250 0.017 0.000
7264394 01 0.250 0.017 0.358
7276850 0.250 0.017 0.233
7278774 0.250 0.017 0.000
7289964 0.250 0.017 0.000
7297141 33 0.250 0.017 0.733
7300643 17 0.250 0.017 0.733
7313120 0.250 0.017 0.483
7322597 0.250 0.017 0.358
7338357 0.250 0.017 0.483
7349351 0.250 0.017 0.000
7354737 0.250 0.017 0.608
7367904 0.250 0.017 0.358
7386112 24 0.250 0.017 0.733
7394420 0.250 0.017 0.608
7394689 0.250 0.017 0.000
7396312 0.250 0.017 0.608
7403825 17 0.250 0.017 0.983
7420622 0.250 0.017 0.608
7426993 0.250 0.017 0.233
7431703 0.250 0.017 0.608
7436234 0.250 0.017 0.608
7440919 0.250 0.017 0.233
7445559 0.250 0.017 0.483
7454901 0.250 0.017 0.000
7463298 0.250 0.017 0.233
7465431 0.250 0.017 0.000
7466435 0.250 0.017 0.233
7476749 0.250 0.017 0.358
7486121 0.250 0.017 0.608
7493188 0.250 0.017 0.483
7495929 0.250 0.017 0.358
7496019 17 0.250 0.017 0.358
7502641 0.250 0.017 0.483
7520692 0.250 0.017 0.108
7520888 0.250 0.017 0.233
7521331 0.250 0.017 0.983
7521738 0.250 0.017 0.000
7522740 0.250 0.017 0.608
7523700 0.250 0.017 0.483
7526266 0.250 0.017 0.000
7528030 0.250 0.017 0.483
7528233 0.250 0.017 0.608
7528806 11 0.250 0.017 0.000
7535141 0.250 0.017 0.358
7535861 0.250 0.017 0.358
7537973 0.250 0.017 0.608
7538026 0.250 0.017 0.358
7543386 0.250 0.017 0.108
7547993 0.250 0.017 0.233
7551247 0.250 0.017 0.483
7551804 0.250 0.017 0.000
7552627 0.250 0.017 0.108
7555959 0.250 0.017 0.483
7556609 0.250 0.017 0.000
7556980 0.250 0.017 0.608
7559365 0.250 0.017 0.733
7561010 0.250 0.017 0.733
7562705 0.250 0.017 0.000
7563630 17 0.250 0.017 0.983
7565988 0.250 0.017 0.483
7568184 0.250 0.017 0.608
7568399 0.250 0.017 0.733
7568438 0.250 0.017 0.733
7568440 0.250 0.017 0.608
7569705 0.250 0.017 0.983
7572025 06 0.250 0.017 0.733
7572163 06 0.250 0.017 0.608
7572923 0.250 0.017 0.483
7574382 12 0.250 0.017 0.608
7574506 0.250 0.017 0.108
7574773 01 0.250 0.017 0.000
7575103 0.250 0.017 0.608
7576195 0.250 0.017 0.358
7576492 0.250 0.017 0.000
7577223 0.250 0.017 0.000
7578188 17 0.250 0.017 0.608
7578942 0.250 0.017 0.233
7579286 01 0.250 0.017 0.733
7581000 0.250 0.017 0.000
7581829 33 0.250 0.017 0.733
7582642 0.250 0.017 0.733
7583661 01 0.250 0.017 0.358
7583689 17 0.250 0.017 0.483
7583919 0.250 0.017 0.108
7583951 0.250 0.017 0.358
7585800 0.250 0.017 0.233
7586646 0.250 0.017 0.108
7586855 0.250 0.017 0.233
7587045 0.250 0.017 0.483
7587742 0.250 0.017 0.733
7588249 0.250 0.017 0.000
7588291 0.250 0.017 0.858
7588620 0.250 0.017 0.733
7589617 0.250 0.017 0.000
7589843 0.250 0.017 0.233
7590303 0.250 0.017 0.733
7590562 0.250 0.017 0.233
7590908 0.250 0.017 0.608
7591458 0.250 0.017 0.608
7592103 0.250 0.017 0.358
7592250 0.250 0.017 0.483
7593432 0.250 0.017 0.608
7593772 0.250 0.017 0.483
7594358 0.250 0.017 0.608
7594805 0.250 0.017 0.000
7595717 0.250 0.017 0.233
7595975 01 0.250 0.017 0.358
7596851 33 0.250 0.017 0.733
7596939 0.250 0.017 0.233
7596955 0.250 0.017 0.000
7597066 17 0.250 0.017 0.483
7597227 0.250 0.017 0.108
7597332 0.250 0.017 0.108
7597462 0.250 0.017 0.483
7597917 0.250 0.017 0.483
7598259 0.250 0.017 0.608
7598485 0.250 0.017 0.233
7598682 0.250 0.017 0.000
7598754 0.250 0.017 0.108
7599859 0.250 0.017 0.358
7599991 0.250 0.017 0.358
7600262 0.250 0.017 0.233
7600531 0.250 0.017 0.608
7600603 0.250 0.017 0.000
7601226 0.250 0.017 0.000
7602642 0.250 0.017 0.608
7603059 0.250 0.017 0.108
7603090 0.250 0.017 0.483
7603285 0.250 0.017 0.358
7603436 0.250 0.017 0.483
7603721 0.250 0.017 0.233
7604779 0.250 0.017 0.233
7604795 0.250 0.017 0.233
7604851 0.250 0.017 0.358
7605022 0.250 0.017 0.108
7605041 0.250 0.017 0.108
7605198 0.250 0.017 0.483
7605221 0.250 0.017 0.233
7605367 0.250 0.017 0.358
7605650 0.250 0.017 0.608
7606775 24 0.250 0.017 1.108
7607579 16 0.250 0.017 0.108
7607650 0.250 0.017 0.233
7608586 0.250 0.017 0.233
7608603 0.250 0.017 0.233
7608951 0.250 0.017 0.358
7609076 0.250 0.017 0.858
7609300 0.250 0.017 0.608
7609490 0.250 0.017 0.233
7610039 24 0.250 0.017 0.608
7610535 0.250 0.017 0.233
7610554 0.250 0.017 0.108
7611801 24 0.250 0.017 0.608
7612077 11 0.250 0.017 0.108
7612861 12 0.250 0.017 0.608
7613209 0.250 0.017 0.108
7613535 0.250 0.017 0.483
7613575 0.250 0.017 0.358
7613983 0.250 0.017 0.608
7614396 0.250 0.017 0.000
7614643 0.250 0.017 0.108
7614682 0.250 0.017 0.608
7615158 0.250 0.017 0.108
7615210 0.250 0.017 0.000
7615319 0.250 0.017 0.608
7615769 0.250 0.017 0.733
7617015 0.250 0.017 0.233
7617250 01 0.250 0.017 0.233
7617377 0.250 0.017 0.108
7617414 0.250 0.017 0.608
7618373 0.250 0.017 0.483
7618419 0.250 0.017 0.000
7618462 17 0.250 0.017 0.358
7618742 11 0.250 0.017 0.483
7618834 0.250 0.017 0.233
7619720 0.250 0.017 0.000
7619767 0.250 0.017 0.108
7620812 0.250 0.017 0.608
7621018 0.250 0.017 0.483
7621118 0.250 0.017 0.233
7621263 01 0.250 0.017 0.483
7621455 0.250 0.017 0.483
7621776 33 0.250 0.017 0.108
7622128 01 0.250 0.017 0.733
7622195 0.250 0.017 0.483
7622203 24 0.250 0.017 0.233
7622299 0.250 0.017 0.000
7622324 0.250 0.017 0.108
7623415 0.250 0.017 0.233
7623878 0.250 0.017 0.608
7624443 0.250 0.017 0.000
7624485 0.250 0.017 0.108
7624569 0.250 0.017 0.733
7624603 0.250 0.017 0.483
7624618 0.250 0.017 0.608
7624987 17 0.250 0.017 0.608
7625087 0.250 0.017 0.358
7625132 0.250 0.017 0.000
7625615 0.250 0.017 0.000
7626583 0.250 0.017 0.358
7627137 17 0.250 0.017 0.233
7627274 0.250 0.017 0.483
7627511 0.250 0.017 0.233
7627967 0.250 0.017 0.233
7628078 0.250 0.017 0.000
7628143 0.250 0.017 0.483
7628455 0.250 0.017 0.108
7628764 0.250 0.017 0.000
7629443 01 0.250 0.017 0.233
7629848 0.250 0.017 0.108
7630098 0.250 0.017 0.483
7630129 17 0.250 0.017 0.233
7630590 0.250 0.017 0.483
7630853 0.250 0.017 0.483
7630957 17 0.250 0.017 1.108
7631778 01 0.250 0.017 0.733
7632270 0.250 0.017 0.608
7632649 0.250 0.017 0.483
7632724 01 0.250 0.017 0.733
7632805 0.250 0.017 0.233
7633247 0.250 0.017 0.608
7633260 0.250 0.017 0.983
7633363 06 0.250 0.017 0.233
7633762 11 0.250 0.017 0.733
7634558 0.250 0.017 0.608
7634571 11 0.250 0.017 0.483
7635026 0.250 0.017 0.483
7635309 0.250 0.017 0.483
7635560 0.250 0.017 0.483
7635683 0.250 0.017 0.483
7635763 0.250 0.017 0.108
7636593 0.250 0.017 0.483
7636720 0.250 0.017 0.733
7637045 0.250 0.017 0.733
7637257 33 0.250 0.017 0.733
7638008 0.250 0.017 0.358
7638019 0.250 0.017 0.608
7638907 0.250 0.017 0.233
7639063 0.250 0.017 0.608
7639137 0.250 0.017 0.733
7639275 0.250 0.017 0.483
7639833 0.250 0.017 0.483
7640035 0.250 0.017 0.108
7640182 0.250 0.017 0.358
7640558 0.250 0.017 0.000
7641561 0.250 0.017 0.108
7641626 0.250 0.017 0.358
7641787 0.250 0.017 0.233
7642181 0.250 0.017 0.858
7642427 0.250 0.017 0.608
7642467 0.250 0.017 0.108
7642543 0.250 0.017 0.608
7643171 0.250 0.017 0.608
7643640 0.250 0.017 0.608
7644295 24 0.250 0.017 0.733
7645202 0.250 0.017 0.358
7645250 0.250 0.017 0.608
7645442 0.250 0.017 0.108
7645680 0.250 0.017 0.608
7646511 0.250 0.017 0.233
7646802 0.250 0.017 0.483
7647930 0.250 0.017 0.108
7648344 0.250 0.017 0.358
7648575 0.250 0.017 0.358
7648855 0.250 0.017 0.483
7649561 0.250 0.017 0.733
7649598 01 0.250 0.017 0.733
7649609 0.250 0.017 0.483
7650496 0.250 0.017 0.858
7650546 0.250 0.017 0.733
7650994 0.250 0.017 0.108
7651573 0.250 0.017 0.733
7652222 0.250 0.017 0.358
7652394 0.250 0.017 0.608
7652959 0.250 0.017 0.358
7653609 0.250 0.017 0.483
7654241 0.250 0.017 0.483
7654722 0.250 0.017 0.608
7655736 0.250 0.017 0.483
7656025 0.250 0.017 0.233
7656738 0.250 0.017 0.233
7656802 0.250 0.017 0.358
7657144 0.250 0.017 0.233
7658094 0.250 0.017 0.608
7658136 12 0.250 0.017 0.483
7658279 0.250 0.017 0.733
7658712 0.250 0.017 0.733
7660770 0.250 0.017 0.733
7661550 01 0.250 0.017 0.983
7661890 0.250 0.017 0.608
7662791 0.250 0.017 0.233
7663011 0.250 0.017 0.000
7663019 0.250 0.017 0.858
7663490 0.250 0.017 0.733
7663798 24 0.250 0.017 0.608
7664095 33 0.250 0.017 0.233
7664159 0.250 0.017 0.358
7664709 0.250 0.017 0.233
7664835 0.250 0.017 0.233
7665233 0.250 0.017 0.608
7665641 0.250 0.017 0.733
7665718 0.250 0.017 0.358
7665753 0.250 0.017 0.000
7665754 0.250 0.017 0.358
7666402 0.250 0.017 0.608
7668308 0.250 0.017 0.608
7670393 0.250 0.017 0.233
7670509 0.250 0.017 0.108
7670708 0.250 0.017 0.483
7670816 0.250 0.017 0.608
7671390 0.250 0.017 0.358
7673394 0.250 0.017 0.233
7674208 24 0.250 0.017 0.733
7674959 0.250 0.017 0.483
7675632 01 0.250 0.017 0.483
7676165 0.250 0.017 0.608
7676607 0.250 0.017 0.608
7676829 0.250 0.017 0.358
7677382 0.250 0.017 0.483
7677583 0.250 0.017 0.733
7677719 0.250 0.017 0.733
7677826 0.250 0.017 0.608
7678655 0.250 0.017 0.358
7678887 06 0.250 0.017 0.858
7679319 0.250 0.017 0.733
7679438 0.250 0.017 0.000
7679966 0.250 0.017 0.108
7681941 0.250 0.017 0.483
7682677 0.250 0.017 0.233
7683167 0.250 0.017 0.358
7683791 0.250 0.017 0.358
7684273 11 0.250 0.017 0.608
7687328 0.250 0.017 0.608
7688079 0.250 0.017 0.233
7688890 0.250 0.017 0.733
7688918 0.250 0.017 0.608
7695561 0.250 0.017 0.608
7696269 0.250 0.017 0.983
7699637 0.250 0.017 0.483
7700408 0.250 0.017 0.608
7702868 0.250 0.017 0.233
</TABLE>
COUNT: 1454
WAC: 7.159852936
WAM: 358.0850429
WALTV: 70.62790404
<PAGE>
EXHIBIT F-3
[Schedule of Mortgage Loans Serviced by Other Servicers]
NASCOR
NMI / 1999-14 Exhibit F-3
30 Year Fixed Rate
<TABLE>
<CAPTION>
(i) (ii) (iii) (iv)
- ----- --------------------------- ----- ----- -------- --------
MORTGAGE MORTGAGE
LOAN ZIP PROPERTY INTEREST
NUMBER CITY STATE CODE TYPE RATE
- -------- --------------------------- ----- ----- -------- --------
<S> <C> <C> <C> <C> <C>
4732200 HIGHLANDS NC 28741 SFD 7.250
4819286 SAN JOSE CA 95138 SFD 7.625
4845786 BAKERSFIELD CA 93308 SFD 7.375
4863485 BIRMINGHAM MI 48009 SFD 7.250
4909688 SCOTTSDALE AZ 85253 SFD 7.500
4911849 HOBE SOUND FL 33455 SFD 7.375
4911946 PUNTA GORDA FL 33950 SFD 7.375
4924271 MEMPHIS TN 38125 SFD 7.625
4930148 CHAGRIN FALLS OH 44023 SFD 7.500
4943272 HILLSBOROUGH NJ 08822 SFD 8.000
4945203 GOODYEAR AZ 85338 SFD 7.250
4946214 LA JOLLA CA 92037 SFD 7.625
4949298 DENVER CO 80231 LCO 7.000
4956478 CASTRO VALLEY CA 94546 SFD 7.625
4958692 BETHESDA MD 20814 SFD 6.750
4958858 FALLS CHURCH VA 22042 SFD 6.875
4958946 BONITA SPRINGS FL 34134 PUD 7.625
4958971 ORLANDO FL 32836 SFD 7.625
4959059 ST. SIMONS ISLAND GA 31522 SFD 7.375
4959372 ATLANTA GA 30327 SFD 6.625
4959396 ALBANY GA 31705 SFD 6.625
4959661 WINCHESTER MA 01890 SFD 7.000
4960980 MANASSAS VA 20111 SFD 6.750
4962370 MASON OH 45040 SFD 7.750
4963150 MOHEGAN LAKE NY 10547 SFD 6.875
4963521 ST LOUIS MO 63124 SFD 7.000
4964140 PONTE VEDRA BEACH FL 32082 PUD 6.750
4966723 MARIETTA GA 30062 SFD 6.750
4971288 VIDALIA GA 30474 SFD 7.000
4972100 LEXINGTON SC 29072 SFD 7.250
4972161 SUWANNE GA 30024 SFD 7.375
4972251 SCARSDALE NY 10583 SFD 7.000
4972257 ATLANTA GA 30309 LCO 7.250
4972268 ATLANTA GA 30305 SFD 7.000
4972299 ST AUGUSTINE FL 32092 SFD 7.250
4972342 SANFORD FL 32771 SFD 7.625
4972880 BERNARDS TOWNSHIP NJ 07920 SFD 6.875
4973175 LYME CT 06371 SFD 6.875
4973258 GAINESVILLE GA 30504 SFD 7.000
4973341 LAGRANGE GA 30240 SFD 7.375
4974204 BOCA RATON FL 33496 SFD 7.125
4974776 MORGANVILLE NJ 07751 SFD 7.500
4974787 SUMMIT NJ 07901 SFD 7.125
4974803 GARRISON NY 10524 SFD 7.375
4974835 NEWTON PA 18940 SFD 6.750
4975486 EASTCHESTER NY 10707 SFD 7.625
4975714 BELLEVUE WA 98006 SFD 6.875
4976988 ORLANDO FL 32835 SFD 7.000
4977019 ATLANTA GA 30327 SFD 7.375
4977093 SAVANNAH GA 31406 SFD 7.125
4977117 NASHVILLE TN 37215 SFD 6.750
4977123 BRENTWOOD TN 37027 SFD 7.000
4977165 BURLINGTON NC 27215 SFD 6.750
4977174 MAITLAND FL 32751 PUD 7.500
4977180 LONGWOOD FL 32779 PUD 7.250
4977254 PEMBROKE PINES FL 33027 SFD 7.125
4978035 WASHINGTON DC 20015 SFD 6.750
4978041 PONTE VEDRA BEACH FL 32082 SFD 6.750
4978047 CHEVY CHASE MD 20815 SFD 6.750
4978208 SIGNAL MOUNTAIN TN 37377 SFD 7.000
4978218 PALM CITY FL 34990 PUD 7.125
4978312 CHARLESTON SC 29412 SFD 8.000
4978392 BRIARCLIFF MANOR NY 10510 SFD 6.875
4978427 RANCHO CUCAMONGA CA 91737 SFD 7.000
4978617 RIVERSIDE CA 92506 SFD 7.000
4978802 NICEVILLE FL 32578 SFD 7.500
4978829 BRASELTON GA 30517 SFD 7.250
4978840 NAPLES FL 34108 SFD 7.500
4979275 JUPITER FL 33469 SFD 7.750
4979283 TRABUCO CANYON AREA CA 92679 SFD 7.500
4979858 TULSA OK 74133 SFD 6.875
4980569 SCOTTSDALE AZ 85255 SFD 7.000
4981196 HOUSTON TX 77024 SFD 7.375
4981636 TRUMBULL CT 06611 SFD 7.375
4981688 NEWPORT BEACH CA 92663 MF2 7.250
4981696 LOS ANGELES CA 90048 SFD 7.375
4982106 PARKER CO 80134 SFD 7.500
4982183 COLUMBIA SC 29210 SFD 7.500
4982259 WESTON CT 06883 SFD 7.000
4982263 MASSAPEQUA NY 11758 SFD 7.500
4982379 ALPHARETTA GA 30201 SFD 7.625
4982418 SAINT JAMES NY 11780 SFD 7.625
4984122 PATTERSON NY 12563 SFD 8.000
4984544 NOVATO CA 94949 PUD 7.625
4984562 MUNDELEIN IL 60060 SFD 7.500
4984573 TOWN OF BROOKLINE MA 02446 LCO 7.000
4984579 OREM UT 84058 SFD 7.250
4984586 TOWN OF SOUTHOLD NY 11935 SFD 7.000
4984588 COTO DE CAZA CA 92679 SFD 7.250
4984598 SAN FRANCISCO CA 94123 SFD 7.500
4984606 BOWIE MD 20721 SFD 7.375
4984621 DEERFIELD BEACH FL 33441 SFD 7.375
4986693 BEVERLY HILLS CA 90210 SFD 7.875
4986797 SAN FRANCISCO CA 94127 SFD 7.750
4986826 CORAL GABLES FL 33133 HCO 7.375
4986849 FOLSOM CA 95630 SFD 7.375
4986917 DUXBURY MA 02332 SFD 7.500
4986935 PHOENIX AZ 85018 SFD 7.375
4987128 ROLLING HILLS CA 90274 SFD 7.875
4987147 MORRIS TOWNSHIP NJ 07960 SFD 8.000
4987723 FENNVILLE MI 49408 SFD 7.500
4991943 PALM CITY FL 34990 SFD 7.000
4991956 HENDERSONVILLE TN 37075 SFD 7.250
4991963 CORAL SPRINGS FL 33076 PUD 7.125
4991974 JACKSONVILLE FL 32257 SFD 6.875
4991977 HAMPSTEAD NC 28443 SFD 6.875
4992000 WAKE FOREST NC 27587 SFD 7.000
4992005 WAKE FOREST NC 27587 SFD 6.750
4992014 CUMMING GA 30040 SFD 7.000
4992035 PANAMA CITY FL 32405 SFD 6.875
4992182 KINGSPORT TN 37660 SFD 6.875
4992195 ST SIMONS ISLAND GA 31522 SFD 7.000
4992266 BRENTWOOD TN 37027 SFD 7.250
4992274 ROSWELL GA 30076 SFD 6.875
4992493 SIGNAL MOUNTAIN TN 37377 SFD 7.000
4992621 CELEBRATION FL 34747 SFD 6.875
4995876 FREDERICKSBURG VA 22406 SFD 6.625
4995883 ROCKY MOUNT NC 27803 SFD 7.250
4995922 EASTON PA 18042 SFD 7.250
4995947 ANDREAS PA 18211 SFD 7.125
4995948 OAKTON VA 22124 SFD 6.500
4995964 MOUNTAIN LAKES NJ 07046 SFD 7.250
4995971 PRINCETON NJ 08540 SFD 7.000
4995979 VOORHEES TOWNSHIP NJ 08043 SFD 6.875
4995993 CHARLOTTE NC 28269 SFD 7.375
4996004 PRINCETON NJ 08540 PUD 6.750
4996008 NORWALK CT 06851 SFD 7.375
4996013 MOUNT AIRY MD 21771 SFD 6.500
4996034 WAKEFIELD RI 02879 SFD 7.000
4996040 CHESAPEAKE VA 23322 SFD 6.875
4996052 JEFFERSONVILLE VT 05464 SFD 7.750
4996063 KIAWAH SC 29422 SFD 7.000
4996077 MCLEAN VA 22101 SFD 6.500
4996161 PONTE VEDRA BEACH FL 32082 SFD 7.000
4996180 FRANKLIN LAKES NJ 07417 SFD 6.500
4996198 BETHESDA MD 20817 SFD 7.250
4996203 FAIRFIELD CT 06430 SFD 7.250
4996213 SAN JOSE CA 95148 SFD 7.500
4996240 LEBANON NJ 08833 SFD 7.875
4997452 WINTER PARK FL 32789 PUD 7.000
4997708 KNOXVILLE TN 37922 PUD 6.875
4998156 PLEASANTON CA 94566 SFD 6.875
4998177 WEST PALM BEACH FL 33405 SFD 7.000
4998214 PHOENIX AZ 85014 PUD 6.875
4998231 LOS ANGELES CA 90041 SFD 7.250
4998245 LEWISVILLE NC 27023 SFD 6.875
4998325 MOORESVILLE NC 28117 SFD 7.125
4998367 MANCHESTER CENTER VT 05255 SFD 6.750
4998595 STAMFORD CT 06903 SFD 6.875
4998600 SOUTHLAKE TX 76092 SFD 6.750
4998608 BOTHELL WA 98011 SFD 7.125
4998644 BATON ROUGE LA 70810 SFD 7.000
4998652 TORRANCE CA 90503 SFD 7.625
4998668 PACIFIC GROVE CA 93950 SFD 6.875
4998970 NAPLES FL 34103 LCO 7.125
4998986 PLANO TX 75093 SFD 7.250
4998988 ATLANTA GA 30308 SFD 7.000
4999008 REISTERSTOWN MD 21136 SFD 7.375
4999020 PARKER TX 75002 SFD 7.375
4999048 MCLEAN VA 22101 SFD 6.375
4999056 WAXAHACHIE TX 75165 SFD 6.875
4999065 TARPON SPRINGS FL 34689 SFD 8.250
4999094 MARCO ISLAND FL 34145 HCO 7.250
4999104 NEVADA CITY CA 95959 SFD 7.375
4999120 LANCASTER PA 17601 SFD 6.625
4999131 LOS GATOS CA 95030 SFD 7.875
4999132 SAN ANTIONIO TX 78258 SFD 6.875
4999138 MILTON MA 02186 SFD 6.750
4999148 MIAMI FL 33156 SFD 7.250
4999154 BURLINGAME CA 94010 SFD 7.000
4999159 WINTER PARK FL 32789 SFD 6.750
4999160 JUPITER FL 33478 SFD 7.000
4999170 ORANGE PARK FL 32073 SFD 6.500
4999178 ARLINGTON VA 22201 SFD 7.250
4999179 SAN FRANCISCO CA 94107 LCO 7.250
4999188 JACKSONVILLE FL 32207 SFD 7.125
4999333 LAKE OSWEGO OR 97034 SFD 7.125
4999335 PLANDOME NY 11030 SFD 6.750
4999337 IRVINE CA 92612 SFD 7.250
4999347 WATSONVILLE CA 95076 SFD 6.875
4999358 WATER MILL NY 11976 SFD 7.250
4999395 MIAMI BEACH FL 33139 LCO 7.125
4999396 SNELLVILLE GA 30278 SFD 6.750
4999409 WINTERGREEN VA 22958 SFD 6.875
4999411 SNOHOMISH WA 98290 SFD 7.000
4999422 SUMMERFIELD NC 27358 SFD 7.375
4999424 POINT PLEASANT PA 18950 SFD 7.375
4999435 EDINA MN 55424 SFD 6.625
4999449 MOORESTOWN NJ 08057 SFD 7.125
4999460 CLINTON TOWNSHIP NJ 08833 SFD 7.000
4999467 OLYMPIA WA 98501 SFD 7.500
4999476 WESTMONT IL 60559 SFD 7.125
4999495 SILVER SPRING MD 20905 SFD 7.125
4999517 DENVER CO 80221 SFD 7.375
4999537 ORINDA CA 94563 SFD 7.250
4999548 BOERNE TX 78006 SFD 7.500
4999549 ANNAPOLIS MD 21401 SFD 7.125
4999568 PHILADELPHIA PA 19106 SFD 7.750
4999574 GREENWICH CT 06831 SFD 7.500
4999591 YORBA LINDA CA 92886 SFD 7.125
4999599 GREAT FALLS VA 22066 SFD 7.000
4999620 CHARLOTTE NC 28270 SFD 6.875
4999638 LYNNWOOD WA 98037 SFD 7.125
4999661 CORTLANDT MANOR NY 10566 SFD 6.750
4999663 MIAMI FL 33133 SFD 7.125
4999733 FAIRFAX VA 22030 SFD 7.125
4999755 TEWKSBURY TSWP NJ 08833 SFD 6.500
4999774 DANA POINT CA 92629 SFD 6.875
4999779 WILTON CT 06897 SFD 7.250
4999811 AVALON NJ 08202 SFD 7.250
4999813 MADISON CT 06443 SFD 6.875
4999827 SAN MARTIN CA 95046 SFD 7.250
4999841 WESTLAKE VILLAGE CA 91361 SFD 6.750
4999844 HOLLISTER CA 95023 SFD 7.500
4999851 SAN CLEMENTE CA 92673 SFD 7.250
4999863 SAUGUS AREA CA 91350 SFD 7.125
4999874 NORTH BEND WA 98045 SFD 7.125
4999879 COOKSTOWN NJ 08511 SFD 7.750
4999905 BALA CYNWYD PA 19004 SFD 7.625
4999913 POINT PLEASANT NJ 08742 SFD 6.625
4999926 OLD GREENWICH CT 06870 SFD 7.125
4999953 BURKE VA 22015 SFD 7.000
5001666 PALO ALTO CA 94306 LCO 7.250
5001685 MILLSTONE NJ 07728 SFD 7.375
5001870 SANIBEL FL 33957 SFD 6.750
5001889 SEATTLE WA 98105 SFD 7.125
5001896 POWDER SPRINGS GA 30127 SFD 6.750
5001898 NEVADA CITY CA 95959 SFD 7.125
5001902 GREENWICH CT 06830 SFD 7.250
5001907 HAGERSTOWN MD 21740 SFD 6.875
5001915 CORAL GABLES FL 33158 SFD 7.000
5001940 MILPITAS CA 92035 SFD 7.625
5001951 SUNNYVALE CA 94087 SFD 7.250
5001960 CAMBRIDGE MA 02140 SFD 6.875
5001985 REDMOND WA 98053 SFD 7.000
5002014 BEVERLY MA 01915 SFD 7.250
5002025 AURORA CO 80016 SFD 7.250
5002026 DAVIS CA 95616 SFD 7.000
5002031 WEST PALM BEACH FL 33407 SFD 7.250
5002036 PORTLAND OR 97229 SFD 6.750
5002037 LAKE OSWEGO OR 97034 SFD 7.000
5002041 LITHONIA GA 30058 SFD 7.125
5002043 SCOTTSDALE AZ 85254 SFD 6.875
5002053 BIRCHWOOD TN 37308 SFD 7.000
5002060 HOUSTON TX 77077 SFD 6.875
5002065 UNION CITY CA 94587 SFD 6.875
5002074 KENSINGTON MD 20895 SFD 6.875
5002083 MCLEAN VA 22102 SFD 7.250
5002091 SAN PEDRO CA 90731 SFD 6.875
5002120 WALNUT CREEK CA 94596 SFD 7.125
5002131 ORLAND PARK IL 60462 SFD 7.250
5002142 STAFFORD PA 19087 SFD 7.000
5002148 HARRISBURG PA 17112 SFD 6.875
5002153 FREMONT CA 94536 SFD 6.875
5002155 OAKLAND CA 94602 SFD 7.875
5002163 MAGNOLIA TX 77355 SFD 7.125
5002716 SAN JOSE CA 95148 SFD 7.250
5002733 GREAT FALLS VA 22066 SFD 6.750
5002745 HAMPTON VA 23664 SFD 7.000
5002754 OAKLAND CA 94611 SFD 7.250
5002756 WASHOUGAL WA 98671 SFD 6.500
5002765 LIVERMORE CA 94550 SFD 7.250
5002767 SANTA CRUZ CA 95060 SFD 7.500
5002783 LITTLETON CO 80123 SFD 7.375
5002785 LIVERMORE CA 94550 SFD 7.375
5002802 SAUSALITO CA 94965 SFD 7.125
5002808 ATLANTA GA 30307 SFD 7.375
5002826 FAIRFAX STATION VA 22039 SFD 7.125
5002836 LONG GROVE IL 60047 SFD 7.000
5002849 CONCORD MA 01742 SFD 7.125
5002857 MADEIRA OH 45243 SFD 6.875
5002870 BELLEVUE WA 98006 SFD 7.125
5002876 SEATTLE WA 98116 SFD 7.000
5002879 ATLANTA GA 30339 SFD 7.500
5002888 SEATTLE WA 98119 SFD 7.000
5002895 NORTH POTOMAC MD 20878 SFD 6.625
5002909 CUPERTINO CA 95014 SFD 7.500
5002917 SAN FRANCISCO CA 94110 SFD 6.875
5002929 WALNUT CREEK CA 94598 SFD 7.000
5002937 CORONA CA 91720 SFD 7.125
5002940 FORT WASHINGTON MD 20744 SFD 6.625
5002960 SANTA CRUZ CA 95062 SFD 7.125
5002964 WASHINGTON DC 20002 SFD 6.875
5003083 ANDOVER MA 01810 SFD 7.125
5003087 OAKLAND CA 94705 SFD 6.750
5003095 CLAYTON MO 63105 SFD 7.000
5003097 HILLSBORO OR 97123 SFD 6.875
5003099 REDMOND WA 98052 SFD 7.000
5003106 WRENTHAM MA 02093 SFD 7.125
5003107 CARY NC 27511 SFD 6.750
5003109 ALPHARETTA GA 30022 SFD 6.875
5003116 PACIFICA CA 94044 SFD 7.375
5003118 SEATTLE WA 98155 SFD 7.000
5003127 SAN DIEGO CA 92128 SFD 7.375
5003130 SARATOGA CA 95070 SFD 6.875
5003635 PLEASANTON CA 94588 SFD 7.500
5003647 SILVERTHORNE CO 80498 SFD 6.875
5003658 ALLENTOWN PA 18104 SFD 7.125
5003671 MILL CREEK WA 98012 SFD 7.250
5003700 DANVILLE CA 94526 SFD 7.625
5003713 FRANKLIN TN 37064 SFD 7.125
5003731 TUCSON AZ 85718 SFD 7.375
5003746 CHEVY CHASE MD 20815 SFD 7.000
5003763 LITTLETON CO 80124 SFD 6.875
5003782 SUNNYVALLEY CA 94087 SFD 7.500
5003803 VIENNA VA 22181 SFD 6.625
5003816 MEDFORD OR 97504 SFD 6.875
5003818 SYCAMORE IL 60178 SFD 6.875
5003836 ARVADA CO 80007 SFD 7.000
5003839 CHANDLER AZ 85226 SFD 7.000
5003859 SANTA CLARA CA 95050 SFD 7.000
5003871 WASHINGTON DC 20007 SFD 7.000
5003880 FOOTHILL RANCH AREA CA 92610 SFD 6.875
5003881 ALEXANDRIA VA 22305 SFD 7.375
5003890 NEWTON CT 06470 SFD 6.875
5003896 SEATTLE WA 98199 SFD 7.125
5003902 CRESWELL OR 97426 SFD 6.875
5003903 DAVIS CA 95616 SFD 7.250
5003907 SAN JOSE CA 95138 SFD 7.500
5003919 BURLINGAME CA 94010 SFD 7.250
5003923 PORTLAND OR 97229 SFD 7.125
5003941 WOODBRIDGE VA 22192 SFD 6.500
5003947 SARATOGA CA 95070 SFD 7.125
5003951 VANCOUVER WA 98685 SFD 7.125
5003961 WEST HARTFORD CT 06107 SFD 7.125
5003964 TORRANCE REDONDO BEA CA 90277 SFD 7.250
5003967 THE SEA RANCH CA 95497 SFD 6.625
5003976 MCLEAN VA 22101 SFD 6.750
5003977 SCOTTS VALLEY CA 95066 SFD 6.875
5003978 MARIETTA GA 30067 SFD 6.750
5003992 PLEASANT HILL CA 94523 SFD 7.375
5004000 LAKE FOREST IL 60045 SFD 7.125
5004009 LIVERMORE CA 94550 SFD 7.250
5004014 POTOMAC MD 20854 SFD 7.125
5004057 WOODSTOCK IL 60098 SFD 7.250
5004158 MANITOUBEACH MI 49253 SFD 7.250
5004166 ATLANTA GA 30328 SFD 7.375
5004170 PLANDOME NY 11030 SFD 6.875
5004325 NAPA CA 94558 PUD 7.250
5004332 KNOXVILLE TN 37922 SFD 7.375
5004377 FENTON MI 48430 SFD 7.375
5004386 LEDYARD CT 06339 SFD 7.375
5004389 HUNTINGTON BEACH CA 92646 SFD 7.250
5004399 DUBLIN PA 18917 SFD 7.375
5004422 CORPUS CHRISTI TX 78404 HCO 7.500
5004425 MINFORD OH 45653 PUD 6.750
5004509 GREENWICH CT 06830 SFD 7.000
5004530 MICHIGAN CITY IN 46360 LCO 7.375
5004552 ALBUQUERQUE NM 87111 SFD 8.250
5004578 BIRMINGHAM AL 35235 SFD 7.250
5004591 MASSAPEQUA NY 11758 SFD 7.500
5004614 ST. AUGUSTINE FL 32086 SFD 7.375
5004639 RIVIERA TX 78379 SFD 7.125
5004754 WESTON FL 33331 SFD 7.375
5004770 EUGENE OR 97404 SFD 7.375
5004774 ASHBURN VA 20147 SFD 7.375
5004963 REDWOOD CITY CA 94062 SFD 6.875
5004993 CHEVY CHASE MD 20815 SFD 7.250
5005012 VANCOUVER WA 98683 SFD 7.250
5005031 DECATUR GA 30030 SFD 8.250
5005034 PLEASANT HILL CA 94523 SFD 6.750
5005056 ALPINE UT 84004 SFD 7.000
5005058 SANTA CLARA CA 95051 SFD 7.500
5005063 LONG GROVE IL 60047 SFD 7.125
5005067 SUMNER WA 98390 SFD 6.875
5005080 NIWOT CO 80503 SFD 7.375
5005084 PORTLAND OR 97229 SFD 6.875
5005095 BRENTWOOD TN 37027 SFD 7.125
5005098 MEMPHIS TN 38120 SFD 7.000
5005105 ALEXANDRIA VA 22301 SFD 6.875
5005109 BETHESDA MD 20816 SFD 6.875
5005115 PORTLAND OR 97205 MF2 6.875
5005121 WEST NEWTON MA 02465 LCO 6.875
5005132 HERNDON VA 20171 SFD 7.125
5005143 WILTON CT 06897 SFD 7.125
5005154 SHARON MA 02067 SFD 6.875
5005177 HAYWARD CA 94542 SFD 7.000
5005189 SCOTTSDALE AZ 85259 SFD 7.000
5005193 REDMOND WA 98053 SFD 7.125
5005210 LUTHERVILLE MD 21093 SFD 6.875
5005212 NEWARK CA 94560 SFD 7.250
5005215 SANTA ROSA CA 95409 SFD 7.000
5005231 ORINDA CA 94563 SFD 6.750
5005233 CLIFTON VA 20124 SFD 7.000
5005237 LIVERMORE CA 94550 SFD 7.500
5005243 CHICAGO IL 60610 LCO 7.250
5005261 BURR RIDGE IL 60525 SFD 7.000
5005272 YORBA LINDA CA 92887 SFD 6.750
5005290 REDMOND WA 98052 SFD 7.500
5005446 DANVILLE CA 94526 SFD 7.500
5005476 HIGHLANDS RANCH CO 80126 SFD 7.125
5005488 BELMONT CA 94002 SFD 7.500
5005516 EASTON MD 21601 SFD 7.500
5005519 CLIFTON VA 20124 SFD 6.875
5005528 PLEASANTON CA 94566 SFD 7.500
5005531 TIGARD OR 97224 SFD 6.750
5005534 EASTON MD 21601 SFD 6.875
5005551 COLLIERVILLE TN 38017 SFD 6.875
5005552 CLIFTON VA 20124 SFD 6.750
5005560 HERNDON VA 20170 SFD 7.750
5005561 HILLSBORO OR 97124 SFD 6.875
5005571 DAVIE FL 33328 SFD 7.500
5005580 ALEXANDRIA VA 22310 SFD 7.000
5005600 ATLANTA GA 30350 SFD 6.875
5005612 CAMPBELL CA 95008 SFD 7.125
5005626 POTOMAC MD 20854 SFD 6.875
5005630 ORINDA CA 94563 SFD 7.375
5005674 LOUISVILLE KY 40245 SFD 7.250
5005691 PARADISE VALLEY AZ 85253 SFD 7.125
5005700 SOUTHBOROUGH MA 01772 SFD 7.250
5005713 CUMMING GA 30041 SFD 7.250
5005735 TIGARD OR 97224 SFD 7.250
5005754 WALNUT CREEK CA 94596 SFD 7.250
5005765 LITTLETON CO 80126 SFD 6.625
5005774 REDMOND WA 98053 SFD 7.000
5005784 REDMOND WA 98053 SFD 7.125
5005807 AURORA CO 80016 SFD 6.875
5005838 MILL CREEK WA 98012 SFD 7.000
5005857 ALPHARETTA GA 30022 SFD 6.875
5005993 AURORA CO 80016 SFD 7.500
5006003 SAN CLEMENTE CA 92672 SFD 6.750
5006030 NORTH ANDOVER MA 01845 SFD 7.250
5006042 AURORA CO 80016 SFD 7.250
5006056 BETHANY BEACH DE 19930 SFD 6.750
5006067 MARIETTA GA 30066 SFD 7.125
5006089 CAROL STREAM IL 60188 SFD 7.000
5006149 SAN JOSE CA 95118 SFD 7.375
5006180 ISSAQUAH WA 98029 SFD 7.000
5007731 GAINESVILLE GA 30506 SFD 6.875
5007756 WINTER PARK FL 32789 SFD 7.125
5007773 WINTER GARDEN FL 34787 SFD 7.375
5007789 CUMMING GA 30041 SFD 6.875
5008352 ATLANTA GA 30306 SFD 7.250
5008369 NASHVILLE TN 37221 SFD 6.875
5008378 ORLANDO FL 32835 SFD 7.250
5008382 WINTER PARK FL 32789 SFD 7.500
5008409 LONGWOOD FL 32779 PUD 6.875
5008447 KNOXVILLE TN 37932 SFD 6.875
5008486 ATLANTA GA 30331 SFD 7.000
5008498 ATLANTA GA 30345 SFD 7.000
5008505 ALPHARETTA GA 30005 SFD 7.000
5008516 SAVANNAH GA 31410 SFD 6.875
5008525 OKATIE SC 29910 SFD 6.875
5008539 ROSWELL GA 30076 SFD 7.125
5009204 INDIAN RIVER SHORES FL 32963 SFD 7.000
5009249 TAMPA FL 33626 SFD 6.875
5009336 SULPHUR SPRINGS TWP NC 28043 SFD 7.375
5009403 CITY OF GLOUCESTER NJ 08030 MF2 7.375
5009418 TOWN OF ONONDAGA NY 13215 SFD 7.375
5009435 EGG HARBOR TOWNSHIP NJ 08234 SFD 6.125
5009470 REHOBOTH BEACH DE 19971 LCO 6.125
5009491 CITY OF FAIRFAX VA 22102 SFD 6.875
5009502 HUDSON NH 03051 SFD 6.875
5009503 NOGALES AZ 85621 SFD 6.875
5009508 SHELBYVILLE KY 40065 SFD 6.875
5009526 CHICAGO IL 60649 LCO 7.000
5009528 BEAR DE 19701 SFD 6.875
5009542 SAINT JAMES CITY FL 33956 SFD 6.875
5009548 ROCHESTER NH 03867 SFD 7.375
5009558 CHICAGO IL 60626 HCO 6.875
5009565 NORWALK CA 90650 SFD 7.000
5009570 FLOWOOD MS 39208 SFD 7.375
5009572 AMBLER PA 19002 SFD 6.875
5009589 ANNAPOLIS MD 21401 SFD 7.125
5009590 COSTA MESA CA 92627 SFD 7.250
5009593 KISSIMMEE FL 34743 SFD 7.000
5009594 BRIGHTON MI 48116 SFD 7.500
5009598 EDISON NJ 08820 HCO 7.125
5009600 KENT OH 44240 SFD 7.000
5009602 FLINT MI 48507 SFD 7.250
5009603 LA QUINTA CA 92253 SFD 7.500
5009607 BROKEN ARROW OK 74012 SFD 7.500
5009611 LINCHOLN PARK BOROUGH NJ 07035 HCO 7.250
5009612 AZTEC NM 87410 SFD 8.000
5009627 BILLERICA MA 01862 SFD 8.500
5009628 SAN MATEO CA 94403 SFD 7.250
5009635 NORTH BILLERICA MA 01862 SFD 8.125
5009637 SOMERSWORTH NH 03878 SFD 8.750
5009640 YORBA LINDA CA 92887 SFD 7.250
5009643 ALLEGAN MI 49010 SFD 8.125
5009649 SAN JOSE CA 95148 SFD 8.000
5009652 BUTLER PA 16001 SFD 8.250
5009654 SEDALIA MO 65301 SFD 7.375
5009656 WINSTED CT 06098 SFD 7.750
5009664 LAGUNA NIGUEL CA 92677 SFD 7.250
5009665 LONG BEACH CA 90810 SFD 9.000
5009676 SYRACUSE NY 13215 SFD 7.375
5009679 HENDERSONVILLE NC 28792 SFD 8.125
5009681 TOWN OF HEMPSTEAD NY 11040 SFD 7.250
5009687 PEBBLE BEACH CA 93953 SFD 7.250
5009690 SPARTA NJ 07871 SFD 7.875
5009694 SAN JOSE CA 95118 SFD 7.250
5009699 BOULDER CITY NV 89005 SFD 7.250
5009704 MELVINDALE MI 48122 SFD 7.250
5011086 CORAL SPRINGS FL 33071 SFD 7.125
5011115 ATLANTA GA 30324 SFD 6.875
5011213 STUART FL 34996 SFD 7.250
5011249 BIG CANOE GA 30143 SFD 6.875
5011277 GAINESVILLE GA 30506 SFD 6.875
</TABLE>
Table (Continued)
NASCOR
NMI / 1999-14 Exhibit F-3
30 Year Fixed Rate
<TABLE>
<CAPTION>
(i) (v) (vi) (vii) (viii) (ix) (x)
- ----- -------- ---------- -------- ---------- ------------- ------
NET CUT-OFF
MORTGAGE MORTGAGE CURRENT ORIGINAL SCHEDULED DATE
LOAN INTEREST MONTHLY TERM TO MATURITY PRINCIPAL
NUMBER RATE PAYMENT MATURITY DATE BALANCE LTV
- -------- -------- ---------- -------- ----------- ------------- ------
<S> <C> <C> <C> <C> <C> <C>
4732200 6.500 $2,472.42 360 1-Oct-27 $356,756.36 80.00
4819286 6.500 $2,081.62 360 1-Jan-28 $290,527.03 95.88
4845786 6.500 $2,175.63 360 1-Aug-28 $312,631.72 90.00
4863485 6.500 $3,748.00 346 1-Aug-27 $538,057.51 65.84
4909688 6.500 $1,905.36 360 1-Sep-28 $270,645.04 73.65
4911849 6.500 $2,230.65 351 1-Nov-27 $318,304.58 79.19
4911946 6.500 $1,808.45 351 1-Nov-27 $258,136.38 61.15
4924271 6.500 $2,831.17 360 1-Nov-28 $398,235.16 72.73
4930148 6.500 $2,097.65 360 1-Mar-29 $299,553.31 46.15
4943272 6.500 $6,420.44 360 1-Sep-28 $870,807.13 67.31
4945203 6.500 $1,328.54 360 1-May-28 $192,532.41 95.00
4946214 6.500 $5,853.45 360 1-Oct-28 $822,729.41 68.92
4949298 6.500 $1,975.95 360 1-Nov-28 $295,517.83 74.25
4956478 6.500 $1,741.53 360 1-Dec-28 $244,374.93 95.00
4958692 6.483 $1,942.56 360 1-Nov-28 $297,529.77 62.40
4958858 6.500 $1,576.63 360 1-Nov-28 $238,772.75 80.00
4958946 6.500 $3,863.29 360 1-Feb-25 $542,035.26 69.98
4958971 6.500 $2,403.27 341 1-Nov-26 $336,716.60 79.89
4959059 6.500 $2,413.17 360 1-May-28 $346,092.61 70.71
4959372 6.358 $3,201.55 360 1-Nov-28 $497,316.39 61.65
4959396 6.358 $1,541.87 360 1-Dec-18 $239,454.70 84.79
4959661 6.500 $1,906.10 360 1-Apr-29 $286,265.15 75.00
4960980 6.483 $1,971.74 360 1-Nov-28 $301,755.90 72.38
4962370 6.500 $ 719.99 360 1-Dec-28 $100,140.74 77.31
4963150 6.500 $1,740.86 360 1-Dec-28 $263,874.01 79.10
4963521 6.500 $4,989.77 360 1-Jan-29 $747,519.32 68.18
4964140 6.483 $1,838.13 360 1-Dec-28 $282,166.17 79.83
4966723 6.483 $2,086.87 360 1-Oct-28 $319,777.78 75.00
4971288 6.500 $2,395.09 360 1-Apr-29 $359,704.91 80.00
4972100 6.500 $3,410.89 360 1-Oct-28 $497,219.62 72.55
4972161 6.500 $2,096.89 360 1-Nov-28 $302,192.44 89.98
4972251 6.500 $1,594.74 360 1-Nov-28 $238,503.73 74.91
4972257 6.500 $2,524.06 360 1-Feb-28 $365,482.36 70.48
4972268 6.500 $2,219.45 360 1-Feb-29 $332,662.58 79.05
4972299 6.500 $2,199.34 360 1-Aug-28 $320,066.85 80.00
4972342 6.500 $2,041.79 344 1-Nov-26 $281,596.15 40.42
4972880 6.500 $1,832.83 360 1-Jan-29 $276,537.09 90.00
4973175 6.500 $1,839.41 360 1-Jan-29 $279,050.91 74.27
4973258 6.500 $2,661.21 360 1-Jan-29 $398,676.97 57.89
4973341 6.500 $1,864.83 360 1-Feb-28 $266,782.00 72.00
4974204 6.500 $3,031.73 360 1-Feb-29 $448,914.02 62.50
4974776 6.500 $2,796.86 360 1-Jan-29 $398,801.38 79.84
4974787 6.500 $2,829.62 360 1-Jan-29 $418,644.51 79.55
4974803 6.500 $2,697.09 360 1-Jan-29 $389,222.04 75.10
4974835 6.483 $1,842.02 360 1-Jan-29 $283,013.63 94.98
4975486 6.500 $3,029.36 360 1-Feb-29 $426,862.83 80.00
4975714 6.500 $2,956.18 360 1-Apr-29 $449,621.95 69.88
4976988 6.500 $2,050.13 360 1-Oct-28 $306,350.65 89.99
4977019 6.500 $6,906.75 360 1-Jan-29 $996,928.16 62.50
4977093 6.500 $2,075.06 360 1-Feb-29 $307,256.70 80.00
4977117 6.483 $1,941.26 360 1-Nov-28 $281,944.01 30.70
4977123 6.500 $3,106.97 360 1-Jan-29 $465,455.37 62.27
4977165 6.483 $2,049.57 360 1-Jan-29 $314,902.50 80.00
4977174 6.500 $1,695.54 336 1-Aug-26 $235,919.42 76.23
4977180 6.500 $2,371.13 240 1-Oct-18 $296,018.00 80.00
4977254 6.500 $1,863.51 360 1-Nov-28 $275,252.96 90.00
4978035 6.483 $2,146.86 360 1-Nov-28 $329,265.87 66.47
4978041 6.483 $1,718.78 360 1-Dec-28 $263,846.28 85.48
4978047 6.483 $1,978.23 360 1-Nov-28 $303,402.06 76.25
4978208 6.500 $2,245.40 360 1-Oct-28 $335,529.23 75.00
4978218 6.500 $2,189.59 360 1-Oct-28 $323,147.95 59.09
4978312 6.500 $2,054.55 360 1-Jan-29 $279,185.27 94.92
4978392 6.500 $3,350.34 360 1-Dec-28 $507,832.99 63.75
4978427 6.500 $2,448.32 360 1-Jan-29 $366,782.80 80.00
4978617 6.500 $2,421.71 360 1-Jan-29 $362,558.38 80.00
4978802 6.500 $1,981.52 360 1-Jul-25 $271,943.02 83.22
4978829 6.500 $2,217.08 360 1-Feb-29 $324,234.80 62.50
4978840 6.500 $1,748.04 360 1-Jul-28 $248,091.54 64.94
4979275 6.500 $3,166.54 360 1-Feb-29 $440,966.95 72.46
4979283 6.500 $2,228.75 360 1-Jan-29 $317,794.84 75.00
4979858 6.500 $2,627.72 360 1-Mar-29 $399,325.97 74.77
4980569 6.500 $2,011.87 360 1-Feb-29 $301,652.04 80.00
4981196 6.500 $7,314.25 360 1-Dec-28 $1,054,921.10 45.26
4981636 6.500 $1,860.09 300 1-Apr-23 $250,404.71 79.78
4981688 6.500 $5,252.76 360 1-Oct-28 $765,718.28 70.00
4981696 6.500 $2,693.63 360 1-Oct-28 $387,884.01 67.24
4982106 6.500 $1,783.00 360 1-Feb-29 $254,428.70 73.91
4982183 6.500 $ 770.89 360 1-Jan-29 $109,919.61 75.00
4982259 6.500 $4,324.47 360 1-Feb-29 $648,392.25 71.19
4982263 6.500 $3,085.79 356 1-Jun-28 $437,604.93 80.00
4982379 6.500 $2,236.63 360 1-Nov-28 $314,605.74 80.00
4982418 6.500 $2,831.18 360 1-Jan-29 $398,830.87 61.54
4984122 6.500 $1,828.89 355 1-Aug-28 $247,701.50 79.62
4984544 6.500 $2,548.05 360 1-Feb-29 $359,213.37 79.91
4984562 6.500 $1,734.05 360 1-Jan-29 $247,256.87 80.00
4984573 6.500 $2,128.96 360 1-Jan-29 $318,394.79 78.05
4984579 6.500 $1,903.27 360 1-Jan-29 $277,926.28 65.65
4984586 6.500 $1,995.90 360 1-Jan-29 $297,011.86 54.55
4984588 6.500 $3,069.79 360 1-Jan-29 $448,552.68 60.40
4984598 6.500 $4,020.48 360 1-Jan-29 $573,268.96 30.26
4984606 6.500 $2,762.70 360 1-Jan-29 $398,771.26 100.00
4984621 6.500 $2,693.63 360 1-Jan-29 $388,801.99 69.64
4986693 6.500 $10,676.65 360 1-Nov-28 $1,466,319.16 70.12
4986797 6.500 $2,328.34 360 1-Jan-29 $324,073.56 54.99
4986826 6.500 $2,997.53 360 1-Jan-29 $432,666.82 70.00
4986849 6.500 $1,457.26 360 1-Jan-29 $210,341.85 100.00
4986917 6.500 $4,300.17 360 1-Jan-29 $611,745.12 76.88
4986935 6.500 $2,624.57 360 1-Jan-29 $378,699.83 28.15
4987128 6.500 $8,778.21 249 1-Jun-19 $1,061,117.73 56.59
4987147 6.500 $2,323.52 264 1-Dec-20 $297,729.19 34.88
4987723 6.500 $2,472.55 360 1-Apr-29 $353,354.87 88.40
4991943 6.500 $1,896.12 360 1-Dec-28 $283,818.21 48.72
4991956 6.500 $1,893.04 360 1-Feb-29 $276,846.63 75.00
4991963 6.500 $1,684.30 360 1-Feb-29 $249,396.66 77.66
4991974 6.500 $2,496.33 360 1-Oct-28 $377,726.47 51.35
4991977 6.500 $2,158.01 360 1-Mar-29 $327,946.46 88.78
4992000 6.500 $1,954.33 360 1-Feb-29 $292,894.64 88.21
4992005 6.483 $1,672.41 360 1-Nov-28 $256,499.11 90.00
4992014 6.500 $1,796.32 360 1-Feb-29 $269,332.16 65.85
4992035 6.500 $1,731.01 360 1-Feb-29 $262,832.07 78.77
4992182 6.500 $1,798.67 360 1-Feb-29 $273,105.97 70.21
4992195 6.500 $1,821.27 360 1-Feb-29 $273,072.88 75.00
4992266 6.500 $1,835.05 360 1-Feb-29 $268,366.67 76.86
4992274 6.500 $1,847.62 360 1-Oct-28 $279,264.45 75.00
4992493 6.500 $1,836.23 360 1-Feb-29 $275,317.34 80.00
4992621 6.500 $1,313.86 360 1-Dec-28 $199,150.18 55.94
4995876 6.358 $1,600.78 360 1-Feb-29 $249,185.16 91.55
4995883 6.500 $1,910.10 360 1-Feb-29 $279,263.91 80.00
4995922 6.500 $2,728.71 360 1-Feb-29 $399,058.20 89.99
4995947 6.500 $1,676.21 360 1-Feb-29 $247,739.83 80.00
4995948 6.233 $3,621.75 360 1-Feb-29 $571,437.56 65.41
4995964 6.500 $2,455.83 360 1-Feb-29 $359,152.41 67.29
4995971 6.500 $1,809.62 360 1-Mar-29 $271,552.80 80.00
4995979 6.500 $3,416.03 360 1-Feb-29 $518,681.89 69.33
4995993 6.500 $1,904.88 360 1-Dec-28 $274,251.00 90.43
4996004 6.483 $1,650.03 360 1-Feb-29 $253,739.21 78.28
4996008 6.500 $1,837.20 360 1-Feb-29 $265,388.98 89.86
4996013 6.233 $2,161.36 360 1-Mar-29 $341,329.88 90.00
4996034 6.500 $2,282.90 300 1-Jan-24 $321,391.06 76.00
4996040 6.500 $2,388.26 360 1-Mar-29 $362,937.41 76.54
4996052 6.500 $2,507.45 360 1-Mar-29 $349,504.34 63.64
4996063 6.500 $1,948.01 360 1-Feb-29 $291,975.18 80.00
4996077 6.233 $1,952.46 360 1-Feb-29 $307,989.55 71.01
4996161 6.500 $2,128.97 360 1-Mar-29 $319,473.87 74.15
4996180 6.233 $1,965.73 360 1-Feb-29 $310,151.98 47.26
4996198 6.500 $2,217.07 360 1-Jan-29 $323,976.66 75.58
4996203 6.500 $3,410.88 360 1-Feb-29 $498,822.78 62.50
4996213 6.500 $2,153.59 360 1-Feb-29 $307,309.93 77.97
4996240 6.500 $1,771.34 360 1-Feb-29 $243,792.32 71.85
4997452 6.500 $1,669.29 340 1-Jul-27 $246,094.37 68.49
4997708 6.500 $1,800.39 360 1-Jan-29 $273,132.90 38.33
4998156 6.500 $1,970.79 360 1-Feb-29 $299,089.11 70.59
4998177 6.500 $3,326.51 360 1-Feb-29 $498,595.99 60.06
4998214 6.500 $2,879.98 360 1-Feb-29 $437,288.72 80.00
4998231 6.500 $2,346.69 360 1-Mar-29 $343,461.66 80.00
4998245 6.500 $2,029.91 360 1-Mar-29 $308,479.32 79.95
4998325 6.500 $4,372.43 360 1-Mar-29 $647,958.94 65.51
4998367 6.483 $2,594.40 360 1-Feb-29 $398,830.52 70.80
4998595 6.500 $2,562.02 360 1-Mar-29 $389,342.84 68.66
4998600 6.483 $2,010.66 360 1-Feb-29 $309,194.76 72.09
4998608 6.500 $2,016.11 360 1-Mar-29 $298,769.96 95.00
4998644 6.500 $2,965.92 360 1-Feb-29 $444,697.33 76.47
4998652 6.500 $2,045.53 360 1-Mar-29 $288,424.87 66.44
4998668 6.500 $2,562.03 360 1-Mar-29 $389,342.82 75.00
4998970 6.500 $3,503.34 360 1-Mar-29 $519,165.85 80.00
4998986 6.500 $3,481.83 360 1-Feb-29 $509,198.28 80.00
4998988 6.500 $2,128.97 360 1-Mar-29 $319,473.87 80.00
4999008 6.500 $2,331.48 354 1-Jul-28 $334,924.21 77.11
4999020 6.500 $2,092.75 360 1-Mar-29 $298,005.41 68.09
4999048 6.108 $2,273.76 240 1-Feb-19 $306,077.29 72.99
4999056 6.500 $2,752.54 360 1-Feb-29 $415,920.66 79.51
4999065 6.500 $2,854.82 360 1-Dec-28 $378,771.63 69.09
4999094 6.500 $1,986.50 360 1-Mar-29 $290,744.29 79.78
4999104 6.500 $2,438.09 360 1-Mar-29 $352,461.13 78.44
4999120 6.358 $1,760.86 360 1-Feb-29 $274,268.08 64.86
4999131 6.500 $3,871.88 360 1-Mar-29 $533,262.58 62.46
4999132 6.500 $1,819.04 360 1-Mar-29 $276,131.68 65.15
4999138 6.483 $1,675.33 360 1-Jan-29 $257,402.90 73.38
4999148 6.500 $3,992.78 360 1-Mar-29 $584,384.06 74.56
4999154 6.500 $2,993.87 360 1-Mar-29 $449,260.11 53.25
4999159 6.483 $2,091.73 360 1-Mar-29 $321,943.10 75.00
4999160 6.500 $2,328.56 360 1-Feb-29 $349,134.29 64.90
4999170 6.233 $2,326.01 360 1-Mar-29 $367,132.30 80.00
4999178 6.500 $2,292.11 360 1-Mar-29 $335,474.20 80.00
4999179 6.500 $2,217.08 360 1-Mar-29 $324,491.39 77.38
4999188 6.500 $2,096.95 360 1-Feb-29 $310,498.85 75.00
4999333 6.500 $2,091.90 360 1-Mar-29 $310,001.91 69.00
4999335 6.483 $2,010.65 360 1-Mar-29 $309,464.70 39.49
4999337 6.500 $2,762.82 360 1-Feb-29 $404,046.44 79.41
4999347 6.500 $2,318.96 360 1-Jan-29 $351,692.60 56.48
4999358 6.500 $4,488.95 345 1-Sep-27 $647,156.51 75.06
4999395 6.500 $2,522.41 360 1-Feb-29 $373,496.42 90.00
4999396 6.483 $2,265.13 240 1-Feb-19 $296,121.71 88.93
4999409 6.500 $2,752.53 360 1-Feb-29 $417,937.91 80.00
4999411 6.500 $1,796.32 360 1-Mar-29 $269,556.07 90.00
4999422 6.500 $2,244.69 360 1-Feb-29 $323,750.88 72.22
4999424 6.500 $3,486.31 348 1-Feb-28 $498,752.19 62.50
4999435 6.358 $3,047.88 360 1-Mar-29 $475,157.76 80.00
4999449 6.500 $2,155.90 360 1-Feb-29 $319,227.73 75.83
4999460 6.500 $2,195.50 360 1-Feb-29 $329,183.75 61.68
4999467 6.500 $2,003.37 353 1-Jun-28 $284,103.15 95.00
4999476 6.500 $2,048.11 360 1-Mar-29 $303,512.34 80.00
4999495 6.500 $2,597.18 360 1-Mar-29 $384,881.63 55.87
4999517 6.500 $2,695.61 348 1-Feb-28 $385,634.98 79.99
4999537 6.500 $1,998.78 360 1-Mar-29 $292,541.48 61.95
4999548 6.500 $1,727.06 360 1-Feb-29 $246,446.62 95.00
4999549 6.500 $1,835.21 360 1-Feb-29 $271,742.61 80.00
4999568 6.500 $3,223.86 360 1-Mar-29 $449,362.73 75.00
4999574 6.500 $2,237.49 360 1-Feb-29 $319,283.07 80.00
4999591 6.500 $2,475.92 360 1-Mar-29 $366,910.48 73.65
4999599 6.500 $1,876.82 360 1-Feb-29 $281,100.47 72.33
4999620 6.500 $1,947.07 360 1-Nov-28 $294,874.42 76.00
4999638 6.500 $1,753.36 360 1-Mar-29 $259,832.51 95.00
4999661 6.483 $1,634.14 360 1-Jan-29 $251,074.97 49.89
4999663 6.500 $2,930.68 360 1-Mar-29 $434,302.20 75.00
4999733 6.500 $2,122.21 360 1-Mar-29 $314,494.71 79.75
4999755 6.233 $2,654.69 360 1-Jan-29 $418,468.86 68.85
4999774 6.500 $3,481.73 360 1-Feb-29 $528,656.52 48.18
4999779 6.500 $3,444.99 360 1-Feb-29 $503,810.99 73.40
4999811 6.500 $2,032.89 360 1-Mar-29 $297,533.65 56.76
4999813 6.500 $1,666.96 360 1-Feb-29 $253,106.78 70.00
4999827 6.500 $2,319.40 360 1-Mar-29 $339,467.93 49.28
4999841 6.483 $1,783.65 360 1-Mar-29 $274,525.12 38.19
4999844 6.500 $2,013.74 360 1-Mar-29 $287,571.18 80.00
4999851 6.500 $2,857.64 360 1-Feb-29 $417,770.48 54.05
4999863 6.500 $1,755.72 360 1-Feb-29 $259,882.75 79.94
4999874 6.500 $2,000.95 360 1-Mar-29 $296,523.57 94.30
4999879 6.500 $2,068.64 360 1-Mar-29 $288,341.09 75.00
4999905 6.500 $1,900.43 360 1-Feb-29 $267,913.28 86.61
4999913 6.358 $1,924.14 360 1-Mar-29 $299,968.28 87.10
4999926 6.500 $4,379.17 360 1-Feb-29 $648,431.34 56.52
4999953 6.500 $2,731.07 360 1-Feb-29 $409,484.08 79.40
5001666 6.500 $1,723.18 360 1-Mar-29 $252,204.70 74.29
5001685 6.500 $2,417.37 360 1-Feb-29 $349,196.09 79.00
5001870 6.483 $2,205.24 360 1-Mar-29 $339,412.87 46.58
5001889 6.500 $2,069.66 360 1-Mar-29 $306,707.22 80.00
5001896 6.483 $1,764.19 360 1-Mar-29 $271,530.30 80.00
5001898 6.500 $1,859.46 360 1-Mar-29 $275,557.27 71.69
5001902 6.500 $3,192.58 360 1-Feb-29 $466,898.13 69.85
5001907 6.500 $1,492.22 360 1-Mar-29 $226,767.23 79.98
5001915 6.500 $3,060.40 360 1-Mar-29 $459,243.66 78.63
5001940 6.500 $2,272.02 360 1-Mar-29 $320,533.86 53.50
5001951 6.500 $2,387.62 360 1-Mar-29 $349,452.27 66.92
5001960 6.500 $2,187.58 360 1-Mar-29 $332,438.86 52.03
5001985 6.500 $1,816.28 360 1-Mar-29 $272,551.13 70.73
5002014 6.500 $4,127.17 360 1-Mar-29 $604,053.23 72.89
5002025 6.500 $1,751.83 360 1-Feb-29 $255,895.37 77.12
5002026 6.500 $2,089.05 360 1-Mar-29 $313,483.74 74.94
5002031 6.500 $1,933.29 360 1-Mar-29 $282,956.50 78.72
5002036 6.483 $2,507.16 360 1-Mar-29 $385,882.49 90.00
5002037 6.500 $1,689.87 360 1-Mar-29 $253,582.38 74.71
5002041 6.500 $1,893.15 360 1-Feb-29 $280,321.78 75.95
5002043 6.500 $1,602.25 360 1-Mar-29 $243,489.01 90.00
5002053 6.500 $2,511.52 360 1-Mar-29 $376,387.99 59.92
5002060 6.500 $2,148.16 360 1-Mar-29 $326,448.98 89.10
5002065 6.500 $1,711.30 360 1-Mar-29 $260,061.04 75.51
5002074 6.500 $1,937.62 360 1-Mar-29 $294,452.98 85.00
5002083 6.500 $3,410.88 360 1-Mar-29 $499,217.55 59.88
5002091 6.500 $1,970.79 360 1-Jan-29 $298,983.14 74.07
5002120 6.500 $2,058.88 360 1-Mar-29 $305,109.79 80.00
5002131 6.500 $1,933.97 360 1-Mar-29 $283,056.35 90.00
5002142 6.500 $2,247.40 360 1-Mar-29 $337,244.58 63.14
5002148 6.500 $1,622.62 360 1-Mar-29 $246,583.78 57.71
5002153 6.500 $1,671.23 360 1-Mar-29 $253,971.32 80.00
5002155 6.500 $2,523.25 360 1-Feb-29 $347,276.78 80.00
5002163 6.500 $1,985.79 360 1-Jan-29 $293,798.72 90.00
5002716 6.500 $1,893.72 360 1-Mar-29 $277,165.59 79.88
5002733 6.483 $1,686.36 360 1-Mar-29 $259,551.02 67.53
5002745 6.500 $1,836.24 360 1-Mar-29 $275,546.20 76.03
5002754 6.500 $2,148.86 360 1-Mar-29 $314,455.60 78.75
5002756 6.233 $1,921.49 360 1-Mar-29 $303,448.87 80.00
5002765 6.500 $3,069.80 360 1-Mar-29 $449,034.59 70.53
5002767 6.500 $2,765.74 360 1-Mar-29 $394,961.06 90.00
5002783 6.500 $1,933.89 360 1-Dec-28 $278,921.54 62.22
5002785 6.500 $2,591.41 360 1-Mar-29 $374,627.26 79.83
5002802 6.500 $2,964.37 360 1-Mar-29 $439,294.17 64.71
5002808 6.500 $2,567.24 360 1-Jul-28 $368,792.16 80.00
5002826 6.500 $2,121.54 360 1-Mar-29 $314,394.86 74.09
5002836 6.500 $4,138.19 360 1-Mar-29 $620,977.31 7.32
5002849 6.500 $2,358.01 360 1-Mar-29 $349,438.57 67.96
5002857 6.500 $3,054.72 360 1-Mar-29 $464,216.44 6.64
5002870 6.500 $1,728.09 360 1-Mar-29 $256,088.54 90.00
5002876 6.500 $2,312.59 360 1-Feb-29 $346,740.23 89.99
5002879 6.500 $2,629.05 360 1-Mar-29 $375,440.16 80.00
5002888 6.500 $1,706.50 360 1-Mar-29 $256,078.27 72.25
5002895 6.358 $1,632.80 360 1-Mar-29 $254,548.78 77.27
5002909 6.500 $3,670.88 360 1-Mar-29 $524,218.30 72.92
5002917 6.500 $2,069.33 360 1-Mar-29 $314,469.19 75.00
5002929 6.500 $2,568.07 360 1-Mar-29 $385,365.35 66.55
5002937 6.500 $2,317.59 360 1-Mar-29 $343,448.19 80.00
5002940 6.358 $1,692.03 360 1-Mar-29 $263,681.86 75.50
5002960 6.500 $2,694.87 360 1-Mar-29 $399,358.36 80.00
5002964 6.500 $2,380.23 240 1-Mar-19 $308,788.16 77.50
5003083 6.500 $3,031.73 360 1-Feb-29 $448,914.02 60.40
5003087 6.483 $1,821.27 360 1-Mar-29 $280,315.10 80.00
5003095 6.500 $1,699.85 360 1-Feb-29 $254,868.03 70.00
5003097 6.500 $2,102.18 360 1-Mar-29 $319,460.76 80.00
5003099 6.500 $2,255.38 360 1-Mar-29 $338,442.62 79.99
5003106 6.500 $1,987.47 360 1-Mar-29 $294,526.78 63.71
5003107 6.483 $1,692.84 360 1-Mar-29 $260,549.31 90.00
5003109 6.500 $1,970.79 360 1-Mar-29 $299,494.48 75.00
5003116 6.500 $2,305.13 360 1-Mar-29 $333,240.52 75.00
5003118 6.500 $1,699.85 360 1-Mar-29 $255,079.91 94.98
5003127 6.500 $1,968.42 360 1-Mar-29 $284,564.95 79.17
5003130 6.500 $2,759.10 360 1-Mar-29 $419,292.28 70.00
5003635 6.500 $2,407.40 360 1-Mar-29 $343,787.36 74.85
5003647 6.500 $2,049.62 360 1-Mar-29 $311,474.26 80.00
5003658 6.500 $2,312.21 360 1-Mar-29 $342,649.45 70.04
5003671 6.500 $2,046.53 360 1-Feb-29 $299,293.66 67.42
5003700 6.500 $2,604.69 360 1-Mar-29 $367,465.59 80.00
5003713 6.500 $2,152.54 360 1-Mar-29 $318,987.46 90.00
5003731 6.500 $3,190.92 360 1-Feb-29 $460,938.86 70.00
5003746 6.500 $2,308.60 360 1-Mar-29 $345,549.71 68.44
5003763 6.500 $2,123.53 360 1-Mar-29 $322,705.29 78.84
5003782 6.500 $2,153.59 360 1-Mar-29 $307,541.39 69.21
5003803 6.358 $2,695.71 360 1-Mar-29 $420,255.07 78.69
5003816 6.500 $1,983.93 360 1-Mar-29 $301,491.10 79.47
5003818 6.500 $2,594.87 360 1-Feb-29 $393,998.74 72.48
5003836 6.500 $1,829.59 360 1-Feb-29 $274,319.78 75.34
5003839 6.500 $1,922.73 360 1-Mar-29 $288,524.82 79.18
5003859 6.500 $2,019.86 360 1-Mar-29 $303,100.83 80.00
5003871 6.500 $2,395.09 360 1-Mar-29 $359,408.10 80.00
5003880 6.500 $1,872.25 360 1-Mar-29 $284,491.84 75.00
5003881 6.500 $2,801.38 360 1-Apr-29 $405,291.37 80.00
5003890 6.500 $2,211.31 240 1-Mar-19 $286,874.16 79.56
5003896 6.500 $2,576.97 360 1-Feb-29 $381,576.91 90.00
5003902 6.500 $2,128.45 360 1-Mar-29 $323,454.04 80.00
5003903 6.500 $2,810.57 360 1-Mar-29 $411,355.26 79.84
5003907 6.500 $2,081.92 360 1-Mar-29 $297,306.66 67.67
5003919 6.500 $4,420.51 360 1-Mar-29 $646,985.93 72.81
5003923 6.500 $1,705.19 360 1-Mar-29 $252,693.98 76.70
5003941 6.233 $1,602.93 360 1-Dec-28 $252,441.20 80.00
5003947 6.500 $4,379.18 360 1-Mar-29 $648,957.31 65.33
5003951 6.500 $1,794.79 360 1-Mar-29 $265,901.83 72.99
5003961 6.500 $1,724.72 360 1-Feb-29 $255,382.18 80.00
5003964 6.500 $2,285.29 360 1-Mar-29 $334,375.76 74.44
5003967 6.358 $2,241.09 360 1-Mar-29 $349,380.70 58.33
5003976 6.483 $2,788.98 360 1-Mar-29 $429,257.46 74.78
5003977 6.500 $2,384.65 360 1-Mar-29 $362,366.25 78.91
5003978 6.483 $2,334.96 360 1-Mar-29 $359,378.34 73.76
5003992 6.500 $1,712.87 360 1-Mar-29 $247,621.44 79.49
5004000 6.500 $1,805.57 360 1-Mar-29 $267,570.09 38.56
5004009 6.500 $1,705.44 360 1-Mar-29 $249,608.78 73.53
5004014 6.500 $2,593.82 360 1-Mar-29 $384,382.41 49.68
5004057 6.500 $1,940.11 360 1-Mar-29 $283,954.94 79.66
5004158 6.500 $ 900.47 360 1-Mar-29 $131,793.44 34.74
5004166 6.500 $1,851.01 360 1-Feb-29 $267,384.45 71.47
5004170 6.500 $2,286.11 360 1-Feb-29 $347,117.89 59.49
5004325 6.500 $3,073.20 360 1-Feb-29 $449,439.33 100.00
5004332 6.500 $2,659.10 360 1-Jan-29 $383,817.34 100.00
5004377 6.500 $1,160.33 360 1-Feb-29 $167,614.14 79.62
5004386 6.500 $1,036.02 360 1-Feb-29 $149,655.45 98.04
5004389 6.500 $2,592.27 360 1-Feb-29 $379,105.30 100.00
5004399 6.500 $2,652.19 360 1-Feb-29 $383,118.03 80.00
5004422 6.500 $ 832.07 360 1-Jan-29 $118,643.39 100.00
5004425 6.483 $ 466.99 360 1-Feb-29 $ 71,812.98 80.00
5004509 6.500 $2,062.43 360 1-Nov-28 $308,453.01 19.38
5004530 6.500 $ 962.60 360 1-Feb-29 $139,050.89 100.00
5004552 6.500 $3,525.72 360 1-Feb-29 $468,399.03 99.43
5004578 6.500 $ 773.58 360 1-Feb-29 $113,133.03 100.00
5004591 6.500 $1,370.46 360 1-Aug-28 $194,657.67 65.33
5004614 6.500 $ 759.74 360 1-Feb-29 $109,747.36 44.00
5004639 6.500 $ 485.08 360 1-Apr-28 $ 71,224.21 90.00
5004754 6.500 $1,863.11 360 1-Feb-29 $269,132.43 79.81
5004770 6.500 $ 745.93 360 1-Feb-29 $107,550.10 80.00
5004774 6.500 $1,761.22 360 1-Feb-29 $254,414.32 92.73
5004963 6.500 $2,956.19 360 1-Mar-29 $449,241.71 51.43
5004993 6.500 $2,333.05 360 1-Feb-29 $341,194.76 60.53
5005012 6.500 $3,410.89 360 1-Mar-29 $499,127.88 76.92
5005031 6.500 $2,336.44 360 1-Dec-28 $309,994.70 74.94
5005034 6.483 $2,230.85 360 1-Mar-29 $343,356.07 80.00
5005056 6.500 $2,687.83 360 1-Mar-29 $403,204.93 80.00
5005058 6.500 $1,929.83 360 1-Mar-29 $275,589.06 80.00
5005063 6.500 $1,751.67 360 1-Mar-29 $259,381.74 72.22
5005067 6.500 $2,102.18 360 1-Dec-28 $318,640.32 47.06
5005080 6.500 $1,892.45 360 1-Jan-29 $272,833.27 91.36
5005084 6.500 $1,675.17 360 1-Mar-29 $254,570.31 69.86
5005095 6.500 $2,937.41 360 1-Mar-29 $435,219.71 51.29
5005098 6.500 $1,611.36 360 1-Nov-28 $233,707.01 65.82
5005105 6.500 $2,086.41 360 1-Apr-29 $317,333.17 79.40
5005109 6.500 $1,849.92 360 1-Mar-29 $280,026.83 72.21
5005115 6.500 $2,404.36 360 1-Mar-29 $364,982.12 73.94
5005121 6.500 $1,954.36 360 1-Mar-29 $296,998.71 71.34
5005132 6.500 $1,994.21 360 1-Feb-29 $294,802.41 68.84
5005143 6.500 $3,227.20 300 1-Mar-24 $450,403.92 79.21
5005154 6.500 $2,081.16 360 1-Mar-29 $315,823.86 80.00
5005177 6.500 $2,514.84 360 1-Mar-29 $377,378.51 90.00
5005189 6.500 $2,345.19 360 1-Feb-29 $351,628.11 69.80
5005193 6.500 $1,872.94 360 1-Nov-28 $276,646.17 59.15
5005210 6.500 $4,138.66 360 1-Mar-29 $628,938.40 47.55
5005212 6.500 $2,408.09 360 1-Mar-29 $352,447.57 71.68
5005215 6.500 $2,448.31 360 1-Mar-29 $367,394.96 80.00
5005231 6.483 $2,412.79 360 1-Mar-29 $371,357.62 60.00
5005233 6.500 $1,729.79 360 1-Mar-29 $259,572.51 67.53
5005237 6.500 $2,366.85 360 1-Feb-29 $337,741.64 71.56
5005243 6.500 $2,046.53 360 1-Mar-29 $299,530.53 35.93
5005261 6.500 $3,126.92 360 1-Feb-29 $468,837.49 70.68
5005272 6.483 $2,098.21 360 1-Mar-29 $322,939.59 65.03
5005290 6.500 $2,087.86 360 1-Feb-29 $297,729.75 74.09
5005446 6.500 $3,146.47 360 1-Feb-29 $448,991.81 74.38
5005476 6.500 $2,239.78 360 1-Jan-29 $331,377.06 86.80
5005488 6.500 $2,132.61 360 1-Mar-29 $304,176.18 67.78
5005516 6.500 $2,447.26 360 1-May-28 $346,773.46 46.67
5005519 6.500 $2,956.19 360 1-Feb-29 $448,859.30 53.22
5005528 6.500 $2,174.56 360 1-Mar-29 $310,536.94 69.11
5005531 6.483 $2,072.28 360 1-Mar-29 $318,948.27 75.18
5005534 6.500 $3,531.95 240 1-Mar-19 $458,201.80 73.60
5005551 6.500 $1,668.60 360 1-Mar-29 $253,572.00 70.95
5005552 6.483 $1,893.26 360 1-Mar-29 $291,395.94 76.82
5005560 6.500 $1,352.59 360 1-Sep-28 $187,709.53 80.00
5005561 6.500 $3,540.85 360 1-Mar-29 $538,091.75 67.38
5005571 6.500 $1,684.41 360 1-Mar-29 $240,541.32 80.00
5005580 6.500 $1,942.69 360 1-Feb-29 $291,277.73 80.00
5005600 6.500 $2,719.69 360 1-Mar-29 $413,302.38 66.77
5005612 6.500 $2,519.71 360 1-Mar-29 $373,400.06 68.00
5005626 6.500 $4,270.04 360 1-Mar-29 $648,401.85 59.63
5005630 6.500 $3,460.29 360 1-Mar-29 $500,235.20 74.78
5005674 6.500 $2,162.50 360 1-Mar-29 $316,274.18 68.61
5005691 6.500 $2,358.01 360 1-Mar-29 $349,438.57 41.92
5005700 6.500 $2,104.51 360 1-Feb-29 $307,360.70 78.10
5005713 6.500 $1,879.40 360 1-Mar-29 $275,068.86 95.00
5005735 6.500 $1,910.10 360 1-Mar-29 $279,561.82 78.87
5005754 6.500 $2,333.05 360 1-Feb-29 $341,194.76 79.53
5005765 6.358 $2,048.68 360 1-Mar-29 $318,709.00 79.99
5005774 6.500 $2,159.90 360 1-Mar-29 $324,116.23 60.12
5005784 6.500 $1,983.76 360 1-Mar-29 $293,977.68 95.00
5005807 6.500 $1,864.37 360 1-Mar-29 $283,321.77 80.00
5005838 6.500 $1,862.85 360 1-Jan-29 $279,073.86 73.68
5005857 6.500 $2,116.30 360 1-Mar-29 $321,206.00 80.00
5005993 6.500 $2,010.94 360 1-Nov-28 $286,299.18 72.81
5006003 6.483 $2,115.08 360 1-Dec-28 $324,680.27 74.88
5006030 6.500 $1,761.38 360 1-Mar-29 $257,795.94 65.20
5006042 6.500 $2,046.53 360 1-Apr-29 $299,765.97 80.00
5006056 6.483 $2,510.08 360 1-Mar-29 $383,992.85 22.11
5006067 6.500 $1,139.26 360 1-Mar-29 $168,828.74 77.93
5006089 6.500 $1,882.81 360 1-Mar-29 $282,534.69 79.77
5006149 6.500 $1,830.29 360 1-Oct-28 $263,979.32 77.94
5006180 6.500 $1,995.91 360 1-Mar-29 $299,506.75 75.19
5007731 6.500 $2,158.01 360 1-Mar-29 $327,845.89 84.23
5007756 6.500 $2,372.84 360 1-Mar-29 $351,635.03 74.15
5007773 6.500 $2,375.92 360 1-Mar-29 $343,474.89 80.00
5007789 6.500 $2,312.39 360 1-Mar-29 $351,379.00 80.00
5008352 6.500 $1,717.72 360 1-Mar-29 $251,405.95 60.67
5008369 6.500 $2,059.47 360 1-Mar-29 $312,971.73 72.91
5008378 6.500 $2,013.32 342 1-Sep-27 $289,650.08 85.52
5008382 6.500 $2,071.42 360 1-Mar-29 $295,808.91 75.00
5008409 6.500 $2,102.17 360 1-Mar-29 $319,460.78 84.98
5008447 6.500 $2,340.31 360 1-Mar-29 $355,649.70 75.00
5008486 6.500 $1,746.42 360 1-Apr-29 $262,112.83 75.00
5008498 6.500 $1,869.50 360 1-Mar-29 $280,537.99 73.95
5008505 6.500 $1,842.89 360 1-Mar-29 $276,544.56 59.31
5008516 6.500 $3,130.27 360 1-Mar-29 $475,697.06 76.24
5008525 6.500 $2,135.02 360 1-Feb-29 $324,176.17 34.21
5008539 6.500 $1,777.41 317 1-Jan-25 $241,610.58 75.20
5009204 6.500 $2,661.21 360 1-Apr-29 $399,672.12 72.07
5009249 6.500 $1,644.95 360 1-Nov-28 $249,119.59 80.00
5009336 6.500 $ 508.33 360 1-Jan-29 $73,373.93 80.00
5009403 6.500 $ 635.42 360 1-Feb-29 $ 91,788.71 80.00
5009418 6.500 $ 624.37 360 1-Dec-28 $ 90,051.82 80.00
5009435 5.858 $ 499.75 360 1-Dec-28 $ 80,536.54 70.00
5009470 5.858 $ 573.58 360 1-Feb-29 $ 94,123.35 76.75
5009491 6.500 $1,576.62 360 1-Mar-29 $239,595.60 52.75
5009502 6.500 $ 568.24 360 1-Mar-29 $ 85,889.40 74.57
5009503 6.500 $1,576.62 360 1-Mar-29 $239,595.60 70.59
5009508 6.500 $ 739.04 360 1-Jan-29 $112,118.50 75.00
5009526 6.500 $ 665.86 360 1-Mar-29 $ 99,584.37 75.25
5009528 6.500 $ 673.20 264 1-Feb-21 $ 91,050.50 75.00
5009542 6.500 $1,154.13 240 1-Feb-19 $149,431.10 75.16
5009548 6.500 $ 552.54 360 1-Feb-29 $ 79,816.27 77.67
5009558 6.500 $ 328.46 360 1-Feb-29 $ 49,873.28 76.92
5009565 6.500 $1,339.32 240 1-Mar-19 $172,023.81 79.98
5009570 6.500 $ 635.42 360 1-Nov-28 $ 90,934.16 80.00
5009572 6.500 $2,233.55 360 1-Feb-29 $339,138.18 80.00
5009589 6.500 $2,863.30 360 1-Feb-29 $423,974.35 72.65
5009590 6.500 $1,159.69 360 1-Nov-28 $169,192.25 76.58
5009593 6.500 $ 424.12 360 1-Feb-29 $ 63,591.67 75.00
5009594 6.500 $1,311.02 360 1-Mar-29 $187,220.85 75.00
5009598 6.500 $1,131.84 360 1-Dec-28 $164,983.86 74.01
5009600 6.500 $ 345.95 360 1-Mar-29 $ 51,914.51 71.23
5009602 6.500 $ 251.04 360 1-Nov-28 $ 36,625.14 76.67
5009603 6.500 $1,232.36 360 1-Dec-28 $175,587.78 75.00
5009607 6.500 $ 475.46 360 1-Feb-29 $ 67,847.67 80.00
5009611 6.500 $ 654.88 360 1-Nov-28 $ 95,543.87 78.05
5009612 6.500 $ 792.46 360 1-Feb-29 $107,781.17 72.00
5009627 6.500 $1,229.93 324 1-Jan-26 $155,494.95 80.00
5009628 6.500 $2,162.49 360 1-Feb-29 $316,253.66 78.08
5009635 6.500 $1,187.99 360 1-Dec-28 $159,469.57 80.00
5009637 6.500 $ 629.36 360 1-Jan-29 $79,813.87 74.77
5009640 6.500 $1,964.12 360 1-Mar-29 $287,469.44 80.00
5009643 6.500 $ 968.21 360 1-Jan-29 $130,055.35 80.00
5009649 6.500 $1,793.67 240 1-Dec-18 $212,596.64 77.98
5009652 6.500 $ 878.98 360 1-Nov-28 $116,544.62 74.05
5009654 6.500 $ 435.12 360 1-Jan-29 $62,689.99 71.59
5009656 6.500 $ 948.19 240 1-Feb-19 $114,889.32 75.00
5009664 6.500 $2,455.83 360 1-Mar-29 $359,436.64 64.86
5009665 6.500 $ 910.97 240 1-Feb-19 $ 99,880.83 75.00
5009676 6.500 $ 917.66 240 1-Dec-18 $113,882.20 76.67
5009679 6.500 $ 413.98 360 1-Dec-28 $55,566.25 72.41
5009681 6.500 $2,387.61 360 1-Feb-29 $349,175.95 69.03
5009687 6.500 $3,629.17 360 1-Mar-29 $530,794.42 70.00
5009690 6.500 $1,450.13 360 1-Nov-28 $198,598.78 80.00
5009694 6.500 $1,807.76 360 1-Mar-29 $264,585.31 72.21
5009699 6.500 $1,669.28 360 1-Mar-29 $244,317.08 73.04
5009704 6.500 $ 424.65 360 1-Feb-29 $62,102.43 75.00
5011086 6.500 $1,869.96 343 1-Aug-27 $272,609.38 72.96
5011115 6.500 $2,299.25 360 1-Mar-29 $349,410.23 74.31
5011213 6.500 $6,518.20 324 1-Oct-25 $919,025.14 70.00
5011249 6.500 $1,743.49 360 1-Mar-29 $264,952.78 80.00
5011277 6.500 $2,765.67 360 1-Mar-29 $419,787.73 73.22
$163,800,947.80
</TABLE>
Table (Continued)
NASCOR
NMI / 1999-14 Exhibit F-3
30 Year Fixed Rate
<TABLE>
<CAPTION>
(i) (xi) (xii) (xiii) (xiv) (xv) (xvi)
- ----- --------- ---------- -------- ----------- ----------- -----------
MORTGAGE MORTGAGE T.O.P. MASTER FIXED
LOAN INSURANCE SERVICE MORTGAGE SERVICE RETAINED
NUMBER SUBSIDY CODE FEE LOAN FEE YIELD
- -------- --------- ---------- -------- ----------- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
4732200 0.250 0.017 0.483
4819286 01 0.250 0.017 0.858
4845786 33 0.250 0.017 0.608
4863485 0.250 0.017 0.483
4909688 0.250 0.017 0.733
4911849 0.250 0.017 0.608
4911946 0.250 0.017 0.608
4924271 0.250 0.017 0.858
4930148 0.250 0.017 0.733
4943272 0.250 0.017 1.233
4945203 13 0.250 0.017 0.483
4946214 0.250 0.017 0.858
4949298 0.250 0.017 0.233
4956478 12 0.250 0.017 0.858
4958692 0.250 0.017 0.000
4958858 0.250 0.017 0.108
4958946 0.250 0.017 0.858
4958971 0.250 0.017 0.858
4959059 0.250 0.017 0.608
4959372 0.250 0.017 0.000
4959396 01 0.250 0.017 0.000
4959661 0.250 0.017 0.233
4960980 0.250 0.017 0.000
4962370 0.250 0.017 0.983
4963150 0.250 0.017 0.108
4963521 0.250 0.017 0.233
4964140 0.250 0.017 0.000
4966723 0.250 0.017 0.000
4971288 0.250 0.017 0.233
4972100 0.250 0.017 0.483
4972161 06 0.250 0.017 0.608
4972251 0.250 0.017 0.233
4972257 0.250 0.017 0.483
4972268 0.250 0.017 0.233
4972299 0.250 0.017 0.483
4972342 0.250 0.017 0.858
4972880 06 0.250 0.017 0.108
4973175 0.250 0.017 0.108
4973258 0.250 0.017 0.233
4973341 0.250 0.017 0.608
4974204 0.250 0.017 0.358
4974776 0.250 0.017 0.733
4974787 0.250 0.017 0.358
4974803 0.250 0.017 0.608
4974835 11 0.250 0.017 0.000
4975486 0.250 0.017 0.858
4975714 0.250 0.017 0.108
4976988 13 0.250 0.017 0.233
4977019 0.250 0.017 0.608
4977093 0.250 0.017 0.358
4977117 0.250 0.017 0.000
4977123 0.250 0.017 0.233
4977165 0.250 0.017 0.000
4977174 0.250 0.017 0.733
4977180 0.250 0.017 0.483
4977254 12 0.250 0.017 0.358
4978035 0.250 0.017 0.000
4978041 0.250 0.017 0.000
4978047 0.250 0.017 0.000
4978208 0.250 0.017 0.233
4978218 0.250 0.017 0.358
4978312 11 0.250 0.017 1.233
4978392 0.250 0.017 0.108
4978427 0.250 0.017 0.233
4978617 0.250 0.017 0.233
4978802 24 0.250 0.017 0.733
4978829 0.250 0.017 0.483
4978840 0.250 0.017 0.733
4979275 0.250 0.017 0.983
4979283 0.250 0.017 0.733
4979858 0.250 0.017 0.108
4980569 0.250 0.017 0.233
4981196 0.250 0.017 0.608
4981636 0.250 0.017 0.608
4981688 0.250 0.017 0.483
4981696 0.250 0.017 0.608
4982106 0.250 0.017 0.733
4982183 0.250 0.017 0.733
4982259 0.250 0.017 0.233
4982263 0.250 0.017 0.733
4982379 0.250 0.017 0.858
4982418 0.250 0.017 0.858
4984122 0.250 0.017 1.233
4984544 0.250 0.017 0.858
4984562 0.250 0.017 0.733
4984573 0.250 0.017 0.233
4984579 0.250 0.017 0.483
4984586 0.250 0.017 0.233
4984588 0.250 0.017 0.483
4984598 0.250 0.017 0.733
4984606 0.250 0.017 0.608
4984621 0.250 0.017 0.608
4986693 0.250 0.017 1.108
4986797 0.250 0.017 0.983
4986826 0.250 0.017 0.608
4986849 0.250 0.017 0.608
4986917 0.250 0.017 0.733
4986935 0.250 0.017 0.608
4987128 0.250 0.017 1.108
4987147 0.250 0.017 1.233
4987723 06 0.250 0.017 0.733
4991943 0.250 0.017 0.233
4991956 0.250 0.017 0.483
4991963 0.250 0.017 0.358
4991974 0.250 0.017 0.108
4991977 01 0.250 0.017 0.108
4992000 01 0.250 0.017 0.233
4992005 01 0.250 0.017 0.000
4992014 0.250 0.017 0.233
4992035 0.250 0.017 0.108
4992182 0.250 0.017 0.108
4992195 0.250 0.017 0.233
4992266 0.250 0.017 0.483
4992274 0.250 0.017 0.108
4992493 0.250 0.017 0.233
4992621 0.250 0.017 0.108
4995876 12 0.250 0.017 0.000
4995883 0.250 0.017 0.483
4995922 12 0.250 0.017 0.483
4995947 0.250 0.017 0.358
4995948 0.250 0.017 0.000
4995964 0.250 0.017 0.483
4995971 0.250 0.017 0.233
4995979 0.250 0.017 0.108
4995993 12 0.250 0.017 0.608
4996004 0.250 0.017 0.000
4996008 11 0.250 0.017 0.608
4996013 06 0.250 0.017 0.000
4996034 0.250 0.017 0.233
4996040 0.250 0.017 0.108
4996052 0.250 0.017 0.983
4996063 0.250 0.017 0.233
4996077 0.250 0.017 0.000
4996161 0.250 0.017 0.233
4996180 0.250 0.017 0.000
4996198 0.250 0.017 0.483
4996203 0.250 0.017 0.483
4996213 0.250 0.017 0.733
4996240 0.250 0.017 1.108
4997452 0.250 0.017 0.233
4997708 0.250 0.017 0.108
4998156 0.250 0.017 0.108
4998177 0.250 0.017 0.233
4998214 0.250 0.017 0.108
4998231 0.250 0.017 0.483
4998245 0.250 0.017 0.108
4998325 0.250 0.017 0.358
4998367 0.250 0.017 0.000
4998595 0.250 0.017 0.108
4998600 0.250 0.017 0.000
4998608 13 0.250 0.017 0.358
4998644 0.250 0.017 0.233
4998652 0.250 0.017 0.858
4998668 0.250 0.017 0.108
4998970 0.250 0.017 0.358
4998986 0.250 0.017 0.483
4998988 0.250 0.017 0.233
4999008 0.250 0.017 0.608
4999020 0.250 0.017 0.608
4999048 0.250 0.017 0.000
4999056 0.250 0.017 0.108
4999065 0.250 0.017 1.483
4999094 0.250 0.017 0.483
4999104 0.250 0.017 0.608
4999120 0.250 0.017 0.000
4999131 0.250 0.017 1.108
4999132 0.250 0.017 0.108
4999138 0.250 0.017 0.000
4999148 0.250 0.017 0.483
4999154 0.250 0.017 0.233
4999159 0.250 0.017 0.000
4999160 0.250 0.017 0.233
4999170 0.250 0.017 0.000
4999178 0.250 0.017 0.483
4999179 0.250 0.017 0.483
4999188 0.250 0.017 0.358
4999333 0.250 0.017 0.358
4999335 0.250 0.017 0.000
4999337 0.250 0.017 0.483
4999347 0.250 0.017 0.108
4999358 0.250 0.017 0.483
4999395 12 0.250 0.017 0.358
4999396 11 0.250 0.017 0.000
4999409 0.250 0.017 0.108
4999411 06 0.250 0.017 0.233
4999422 0.250 0.017 0.608
4999424 0.250 0.017 0.608
4999435 0.250 0.017 0.000
4999449 0.250 0.017 0.358
4999460 0.250 0.017 0.233
4999467 12 0.250 0.017 0.733
4999476 0.250 0.017 0.358
4999495 0.250 0.017 0.358
4999517 0.250 0.017 0.608
4999537 0.250 0.017 0.483
4999548 12 0.250 0.017 0.733
4999549 0.250 0.017 0.358
4999568 0.250 0.017 0.983
4999574 0.250 0.017 0.733
4999591 0.250 0.017 0.358
4999599 0.250 0.017 0.233
4999620 0.250 0.017 0.108
4999638 06 0.250 0.017 0.358
4999661 0.250 0.017 0.000
4999663 0.250 0.017 0.358
4999733 0.250 0.017 0.358
4999755 0.250 0.017 0.000
4999774 0.250 0.017 0.108
4999779 0.250 0.017 0.483
4999811 0.250 0.017 0.483
4999813 0.250 0.017 0.108
4999827 0.250 0.017 0.483
4999841 0.250 0.017 0.000
4999844 0.250 0.017 0.733
4999851 0.250 0.017 0.483
4999863 0.250 0.017 0.358
4999874 06 0.250 0.017 0.358
4999879 0.250 0.017 0.983
4999905 11 0.250 0.017 0.858
4999913 11 0.250 0.017 0.000
4999926 0.250 0.017 0.358
4999953 0.250 0.017 0.233
5001666 0.250 0.017 0.483
5001685 0.250 0.017 0.608
5001870 0.250 0.017 0.000
5001889 0.250 0.017 0.358
5001896 0.250 0.017 0.000
5001898 0.250 0.017 0.358
5001902 0.250 0.017 0.483
5001907 0.250 0.017 0.108
5001915 0.250 0.017 0.233
5001940 0.250 0.017 0.858
5001951 0.250 0.017 0.483
5001960 0.250 0.017 0.108
5001985 0.250 0.017 0.233
5002014 0.250 0.017 0.483
5002025 0.250 0.017 0.483
5002026 0.250 0.017 0.233
5002031 0.250 0.017 0.483
5002036 13 0.250 0.017 0.000
5002037 0.250 0.017 0.233
5002041 0.250 0.017 0.358
5002043 17 0.250 0.017 0.108
5002053 0.250 0.017 0.233
5002060 06 0.250 0.017 0.108
5002065 0.250 0.017 0.108
5002074 13 0.250 0.017 0.108
5002083 0.250 0.017 0.483
5002091 0.250 0.017 0.108
5002120 0.250 0.017 0.358
5002131 06 0.250 0.017 0.483
5002142 0.250 0.017 0.233
5002148 0.250 0.017 0.108
5002153 0.250 0.017 0.108
5002155 0.250 0.017 1.108
5002163 12 0.250 0.017 0.358
5002716 0.250 0.017 0.483
5002733 0.250 0.017 0.000
5002745 0.250 0.017 0.233
5002754 0.250 0.017 0.483
5002756 0.250 0.017 0.000
5002765 0.250 0.017 0.483
5002767 33 0.250 0.017 0.733
5002783 0.250 0.017 0.608
5002785 0.250 0.017 0.608
5002802 0.250 0.017 0.358
5002808 0.250 0.017 0.608
5002826 0.250 0.017 0.358
5002836 0.250 0.017 0.233
5002849 0.250 0.017 0.358
5002857 0.250 0.017 0.108
5002870 01 0.250 0.017 0.358
5002876 01 0.250 0.017 0.233
5002879 0.250 0.017 0.733
5002888 0.250 0.017 0.233
5002895 0.250 0.017 0.000
5002909 0.250 0.017 0.733
5002917 0.250 0.017 0.108
5002929 0.250 0.017 0.233
5002937 0.250 0.017 0.358
5002940 0.250 0.017 0.000
5002960 0.250 0.017 0.358
5002964 0.250 0.017 0.108
5003083 0.250 0.017 0.358
5003087 0.250 0.017 0.000
5003095 0.250 0.017 0.233
5003097 0.250 0.017 0.108
5003099 0.250 0.017 0.233
5003106 0.250 0.017 0.358
5003107 01 0.250 0.017 0.000
5003109 0.250 0.017 0.108
5003116 0.250 0.017 0.608
5003118 01 0.250 0.017 0.233
5003127 0.250 0.017 0.608
5003130 0.250 0.017 0.108
5003635 0.250 0.017 0.733
5003647 0.250 0.017 0.108
5003658 0.250 0.017 0.358
5003671 0.250 0.017 0.483
5003700 0.250 0.017 0.858
5003713 06 0.250 0.017 0.358
5003731 0.250 0.017 0.608
5003746 0.250 0.017 0.233
5003763 0.250 0.017 0.108
5003782 0.250 0.017 0.733
5003803 0.250 0.017 0.000
5003816 0.250 0.017 0.108
5003818 0.250 0.017 0.108
5003836 0.250 0.017 0.233
5003839 0.250 0.017 0.233
5003859 0.250 0.017 0.233
5003871 0.250 0.017 0.233
5003880 0.250 0.017 0.108
5003881 0.250 0.017 0.608
5003890 0.250 0.017 0.108
5003896 01 0.250 0.017 0.358
5003902 0.250 0.017 0.108
5003903 0.250 0.017 0.483
5003907 0.250 0.017 0.733
5003919 0.250 0.017 0.483
5003923 0.250 0.017 0.358
5003941 0.250 0.017 0.000
5003947 0.250 0.017 0.358
5003951 0.250 0.017 0.358
5003961 0.250 0.017 0.358
5003964 0.250 0.017 0.483
5003967 0.250 0.017 0.000
5003976 0.250 0.017 0.000
5003977 0.250 0.017 0.108
5003978 0.250 0.017 0.000
5003992 0.250 0.017 0.608
5004000 0.250 0.017 0.358
5004009 0.250 0.017 0.483
5004014 0.250 0.017 0.358
5004057 0.250 0.017 0.483
5004158 0.250 0.017 0.483
5004166 0.250 0.017 0.608
5004170 0.250 0.017 0.108
5004325 0.250 0.017 0.483
5004332 0.250 0.017 0.608
5004377 0.250 0.017 0.608
5004386 0.250 0.017 0.608
5004389 0.250 0.017 0.483
5004399 0.250 0.017 0.608
5004422 0.250 0.017 0.733
5004425 0.250 0.017 0.000
5004509 0.250 0.017 0.233
5004530 0.250 0.017 0.608
5004552 0.250 0.017 1.483
5004578 0.250 0.017 0.483
5004591 0.250 0.017 0.733
5004614 0.250 0.017 0.608
5004639 33 0.250 0.017 0.358
5004754 0.250 0.017 0.608
5004770 0.250 0.017 0.608
5004774 0.250 0.017 0.608
5004963 0.250 0.017 0.108
5004993 0.250 0.017 0.483
5005012 0.250 0.017 0.483
5005031 0.250 0.017 1.483
5005034 0.250 0.017 0.000
5005056 0.250 0.017 0.233
5005058 0.250 0.017 0.733
5005063 0.250 0.017 0.358
5005067 0.250 0.017 0.108
5005080 06 0.250 0.017 0.608
5005084 0.250 0.017 0.108
5005095 0.250 0.017 0.358
5005098 0.250 0.017 0.233
5005105 0.250 0.017 0.108
5005109 0.250 0.017 0.108
5005115 0.250 0.017 0.108
5005121 0.250 0.017 0.108
5005132 0.250 0.017 0.358
5005143 0.250 0.017 0.358
5005154 0.250 0.017 0.108
5005177 01 0.250 0.017 0.233
5005189 0.250 0.017 0.233
5005193 0.250 0.017 0.358
5005210 0.250 0.017 0.108
5005212 0.250 0.017 0.483
5005215 0.250 0.017 0.233
5005231 0.250 0.017 0.000
5005233 0.250 0.017 0.233
5005237 0.250 0.017 0.733
5005243 0.250 0.017 0.483
5005261 0.250 0.017 0.233
5005272 0.250 0.017 0.000
5005290 0.250 0.017 0.733
5005446 0.250 0.017 0.733
5005476 01 0.250 0.017 0.358
5005488 0.250 0.017 0.733
5005516 0.250 0.017 0.733
5005519 0.250 0.017 0.108
5005528 0.250 0.017 0.733
5005531 0.250 0.017 0.000
5005534 0.250 0.017 0.108
5005551 0.250 0.017 0.108
5005552 0.250 0.017 0.000
5005560 0.250 0.017 0.983
5005561 0.250 0.017 0.108
5005571 0.250 0.017 0.733
5005580 0.250 0.017 0.233
5005600 0.250 0.017 0.108
5005612 0.250 0.017 0.358
5005626 0.250 0.017 0.108
5005630 0.250 0.017 0.608
5005674 0.250 0.017 0.483
5005691 0.250 0.017 0.358
5005700 0.250 0.017 0.483
5005713 0.250 0.017 0.483
5005735 0.250 0.017 0.483
5005754 0.250 0.017 0.483
5005765 0.250 0.017 0.000
5005774 0.250 0.017 0.233
5005784 17 0.250 0.017 0.358
5005807 0.250 0.017 0.108
5005838 0.250 0.017 0.233
5005857 0.250 0.017 0.108
5005993 0.250 0.017 0.733
5006003 0.250 0.017 0.000
5006030 0.250 0.017 0.483
5006042 0.250 0.017 0.483
5006056 0.250 0.017 0.000
5006067 0.250 0.017 0.358
5006089 0.250 0.017 0.233
5006149 0.250 0.017 0.608
5006180 0.250 0.017 0.233
5007731 11 0.250 0.017 0.108
5007756 0.250 0.017 0.358
5007773 0.250 0.017 0.608
5007789 0.250 0.017 0.108
5008352 0.250 0.017 0.483
5008369 0.250 0.017 0.108
5008378 13 0.250 0.017 0.483
5008382 0.250 0.017 0.733
5008409 11 0.250 0.017 0.108
5008447 0.250 0.017 0.108
5008486 0.250 0.017 0.233
5008498 0.250 0.017 0.233
5008505 0.250 0.017 0.233
5008516 0.250 0.017 0.108
5008525 0.250 0.017 0.108
5008539 0.250 0.017 0.358
5009204 0.250 0.017 0.233
5009249 0.250 0.017 0.108
5009336 0.250 0.017 0.608
5009403 0.250 0.017 0.608
5009418 0.250 0.017 0.608
5009435 0.250 0.017 0.000
5009470 0.250 0.017 0.000
5009491 0.250 0.017 0.108
5009502 0.250 0.017 0.108
5009503 0.250 0.017 0.108
5009508 0.250 0.017 0.108
5009526 0.250 0.017 0.233
5009528 0.250 0.017 0.108
5009542 0.250 0.017 0.108
5009548 0.250 0.017 0.608
5009558 0.250 0.017 0.108
5009565 0.250 0.017 0.233
5009570 0.250 0.017 0.608
5009572 0.250 0.017 0.108
5009589 0.250 0.017 0.358
5009590 0.250 0.017 0.483
5009593 0.250 0.017 0.233
5009594 0.250 0.017 0.733
5009598 0.250 0.017 0.358
5009600 0.250 0.017 0.233
5009602 0.250 0.017 0.483
5009603 0.250 0.017 0.733
5009607 0.250 0.017 0.733
5009611 0.250 0.017 0.483
5009612 0.250 0.017 1.233
5009627 0.250 0.017 1.733
5009628 0.250 0.017 0.483
5009635 0.250 0.017 1.358
5009637 0.250 0.017 1.983
5009640 0.250 0.017 0.483
5009643 0.250 0.017 1.358
5009649 0.250 0.017 1.233
5009652 0.250 0.017 1.483
5009654 0.250 0.017 0.608
5009656 0.250 0.017 0.983
5009664 0.250 0.017 0.483
5009665 0.250 0.017 2.233
5009676 0.250 0.017 0.608
5009679 0.250 0.017 1.358
5009681 0.250 0.017 0.483
5009687 0.250 0.017 0.483
5009690 0.250 0.017 1.108
5009694 0.250 0.017 0.483
5009699 0.250 0.017 0.483
5009704 0.250 0.017 0.483
5011086 0.250 0.017 0.358
5011115 0.250 0.017 0.108
5011213 0.250 0.017 0.483
5011249 0.250 0.017 0.108
5011277 0.250 0.017 0.108
</TABLE>
<PAGE>
NASCOR
NMI / 1999-14 Exhibit F-3 (Part B)
30 YEAR FIXED RATE NON RELOCATION LOANS
<TABLE>
<CAPTION>
(i) (xvii) (xviii)
- ----- ----------- -----------
MORTGAGE NMI
LOAN LOAN
NUMBER SERVICER SELLER
- -------- ------------------------------------------------- -------------------------------------------------
<S> <C> <C>
4732200 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4819286 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
4845786 COUNTRYWIDE FUNDING CORP. COUNTRYWIDE FUNDING CORP.
4863485 HUNTINGTON MORTGAGE COMPAN HUNTINGTON MORTGAGE COMPAN
4909688 COUNTRYWIDE FUNDING CORP. COUNTRYWIDE FUNDING CORP.
4911849 HOMESIDE LENDING, INC. HOMESIDE LENDING, INC.
4911946 HOMESIDE LENDING, INC. HOMESIDE LENDING, INC.
4924271 COUNTRYWIDE FUNDING CORP. COUNTRYWIDE FUNDING CORP.
4930148 HUNTINGTON MORTGAGE COMPAN HUNTINGTON MORTGAGE COMPAN
4943272 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4945203 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4946214 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4949298 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
4956478 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4958692 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4958858 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4958946 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4958971 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4959059 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4959372 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4959396 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4959661 PLYMOUTH SAVINGS BANK PLYMOUTH SAVINGS BANK
4960980 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4962370 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4963150 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4963521 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4964140 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4966723 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4971288 HUNTINGTON MORTGAGE COMPAN HUNTINGTON MORTGAGE COMPAN
4972100 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4972161 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4972251 MARINE MIDLAND MORTGAGE CO MARINE MIDLAND MORTGAGE CO
4972257 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4972268 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4972299 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4972342 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4972880 MARINE MIDLAND MORTGAGE CO MARINE MIDLAND MORTGAGE CO
4973175 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4973258 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4973341 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4974204 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4974776 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4974787 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4974803 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4974835 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4975486 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4975714 HUNTINGTON MORTGAGE COMPAN HUNTINGTON MORTGAGE COMPAN
4976988 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977019 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977093 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977117 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977123 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977165 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977174 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977180 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4977254 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978035 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978041 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978047 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978208 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978218 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978312 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4978392 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4978427 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4978617 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4978802 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978829 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4978840 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4979275 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4979283 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4979858 HIBERNIA NATIONAL BANK HIBERNIA NATIONAL BANK
4980569 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4981196 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981636 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981688 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4981696 BANK UNITED OF TEXAS BANK UNITED OF TEXAS
4982106 NATIONAL CITY MORTGAGE CO. NATIONAL CITY MORTGAGE CO.
4982183 NATIONAL CITY MORTGAGE CO. NATIONAL CITY MORTGAGE CO.
4982259 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4982263 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4982379 NATIONAL CITY MORTGAGE CO. NATIONAL CITY MORTGAGE CO.
4982418 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4984122 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4984544 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984562 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984573 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984579 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984586 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984588 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984598 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984606 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4984621 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
4986693 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4986797 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4986826 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4986849 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4986917 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4986935 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4987128 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4987147 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
4987723 HUNTINGTON MORTGAGE COMPAN HUNTINGTON MORTGAGE COMPAN
4991943 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4991956 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4991963 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4991974 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4991977 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992000 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992005 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992014 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992035 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992182 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992195 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992266 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992274 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992493 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4992621 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4995876 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995883 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995922 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995947 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995948 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995964 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995971 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995979 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4995993 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996004 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996008 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996013 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996034 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996040 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996052 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996063 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996077 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996161 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996180 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996198 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996203 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996213 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4996240 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4997452 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4997708 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
4998156 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998177 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998214 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998231 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998245 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998325 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998367 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998595 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998600 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998608 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998644 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998652 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998668 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998970 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998986 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4998988 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999008 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999020 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999048 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999056 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999065 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999094 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999104 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999120 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999131 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999132 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999138 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999148 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999154 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999159 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999160 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999170 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999178 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999179 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999188 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999333 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999335 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999337 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999347 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999358 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999395 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999396 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999409 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999411 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999422 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999424 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999435 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999449 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999460 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999467 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999476 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999495 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999517 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999537 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999548 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999549 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999568 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999574 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999591 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999599 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999620 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999638 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999661 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999663 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999733 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999755 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999774 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999779 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999811 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999813 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999827 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999841 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999844 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999851 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999863 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999874 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999879 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999905 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999913 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999926 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
4999953 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
5001666 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001685 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001870 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001889 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001896 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001898 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001902 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
5001907 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001915 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001940 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001951 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001960 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5001985 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002014 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002025 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002026 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002031 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002036 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002037 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002041 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002043 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002053 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002060 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002065 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002074 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002083 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002091 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002120 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002131 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002142 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002148 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002153 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002155 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002163 FIRST UNION MORTGAGE CORP FIRST UNION MORTGAGE CORP
5002716 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002733 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002745 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002754 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002756 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002765 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002767 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002783 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002785 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002802 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002808 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002826 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002836 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002849 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002857 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002870 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002876 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002879 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002888 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002895 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002909 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002917 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002929 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002937 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002940 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002960 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5002964 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003083 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003087 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003095 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003097 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003099 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003106 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003107 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003109 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003116 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003118 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003127 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003130 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003635 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003647 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003658 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003671 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003700 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003713 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003731 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003746 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003763 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003782 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003803 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003816 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003818 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003836 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003839 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003859 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003871 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003880 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003881 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003890 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003896 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003902 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003903 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003907 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003919 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003923 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003941 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003947 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003951 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003961 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003964 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003967 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003976 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003977 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003978 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5003992 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004000 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004009 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004014 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004057 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004158 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004166 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004170 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004325 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004332 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004377 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004386 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004389 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004399 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004422 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004425 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004509 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004530 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004552 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004578 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004591 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004614 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004639 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004754 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004770 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004774 MERRILL LYNCH CREDIT CORP. MERRILL LYNCH CREDIT CORP.
5004963 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5004993 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005012 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005031 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005034 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005056 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005058 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005063 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005067 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005080 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005084 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005095 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005098 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005105 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005109 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005115 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005121 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005132 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005143 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005154 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005177 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005189 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005193 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005210 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005212 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005215 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005231 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005233 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005237 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005243 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005261 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005272 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005290 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005446 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005476 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005488 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005516 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005519 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005528 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005531 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005534 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005551 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005552 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005560 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005561 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005571 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005580 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005600 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005612 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005626 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005630 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005674 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005691 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005700 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005713 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005735 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005754 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005765 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005774 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005784 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005807 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005838 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005857 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5005993 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006003 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006030 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006042 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006056 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006067 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006089 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006149 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5006180 FT MORTGAGE COMPANIES FT MORTGAGE COMPANIES
5007731 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5007756 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5007773 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5007789 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008352 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008369 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008378 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008382 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008409 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008447 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008486 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008498 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008505 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008516 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008525 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5008539 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5009204 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5009249 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5009336 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009403 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009418 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009435 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009470 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009491 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009502 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009503 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009508 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009526 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009528 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009542 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009548 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009558 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009565 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009570 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009572 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009589 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009590 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009593 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009594 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009598 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009600 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009602 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009603 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009607 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009611 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009612 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009627 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009628 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009635 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009637 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009640 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009643 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009649 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009652 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009654 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009656 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009664 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009665 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009676 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009679 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009681 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009687 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009690 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009694 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009699 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5009704 NOVUS FINANCIAL CORPORATIO NOVUS FINANCIAL CORPORATIO
5011086 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5011115 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5011213 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5011249 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
5011277 SUNTRUST MORTGAGE, INC. SUNTRUST MORTGAGE, INC.
</TABLE>
COUNT: 499
WAC: 7.155390436
WAM: 352.0642103
WALTV: 72.11537958
<PAGE>
EXHIBIT G
REQUEST FOR RELEASE
(for Trust Administrator/Custodian)
Loan Information
Name of Mortgagor: _____________________________
Servicer
Loan No.: _____________________________
Custodian/Trust Administrator
Name: _____________________________
Address: _____________________________
Custodian/Trustee _____________________________
Mortgage File No.: _____________________________
Seller
Name: _____________________________
Address: _____________________________
Certificates: _____________________________
Mortgage Pass-Through Certificates,
Series 1999-14
The undersigned Master Servicer hereby acknowledges that it has
received from First Union National Bank, as Trust Administrator for the Holders
of Mortgage Pass-Through Certificates, Series 1999-14, the documents referred to
below (the "Documents"). All capitalized terms not otherwise defined in this
Request for Release shall have the meanings given them in the Pooling and
Servicing Agreement dated as of May 27, 1999 (the "Pooling and Servicing
Agreement") among the Trust Administrator, the Seller, the Master Servicer and
the United States Trust Company of New York, as Trustee.
( ) Promissory Note dated ______________, 199__, in the original principal
sum of $___________, made by ____________________, payable to, or endorsed
to the order of, the Trustee.
( ) Mortgage recorded on _____________________ as instrument no.
______________ in the County Recorder's Office of the County of
____________________, State of _______________________ in
book/reel/docket ____________________ of official records at page/image
____________.
( ) Deed of Trust recorded on ____________________ as instrument no.
_________________ in the County Recorder's Office of the County of
___________________, State of _________________ in book/reel/docket
____________________ of official records at page/image ____________.
( ) Assignment of Mortgage or Deed of Trust to the Trustee, recorded on
______________________________ as instrument no. ______________ in the
County Recorder's Office of the County of ______________________, State
of _____________________ in book/reel/docket ____________________ of
official records at page/image ____________.
( ) Other documents, including any amendments, assignments or other
assumptions of the Mortgage Note or Mortgage.
( ) _____________________________________________
( ) _____________________________________________
( ) _____________________________________________
( ) _____________________________________________
The undersigned Master Servicer hereby acknowledges and agrees as follows:
(1) The Master Servicer shall hold and retain possession of the
Documents in trust for the benefit of the Trustee, solely for the purposes
provided in the Agreement.
(2) The Master Servicer shall not cause or permit the Documents to
become subject to, or encumbered by, any claim, liens, security interest,
charges, writs of attachment or other impositions nor shall the Master
Servicer assert or seek to assert any claims or rights of setoff to or
against the Documents or any proceeds thereof.
(3) The Master Servicer shall return the Documents to the Trust
Administrator when the need therefor no longer exists, unless the Mortgage
Loan relating to the Documents has been liquidated and the proceeds
thereof have been remitted to the Certificate Account and except as
expressly provided in the Agreement.
(4) The Documents and any proceeds thereof, including any proceeds
of proceeds, coming into the possession or control of the Master Servicer
shall at all times be earmarked for the account of the Trust
Administrator, on behalf of the Trustee, and the Master Servicer shall
keep the Documents and any proceeds separate and distinct from all other
property in the Master Servicer's possession, custody or control.
NORWEST BANK MINNESOTA, NATIONAL
ASSOCIATION
By: __________________________
Title: ________________________
Date: ________________, 19__
<PAGE>
EXHIBIT H
AFFIDAVIT PURSUANT TO SECTION
860E(e)(4) OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED, AND FOR
NON-ERISA INVESTORS
STATE OF )
) ss:
COUNTY OF )
[NAME OF OFFICER], being first duly sworn, deposes and says: 1. That
he is [Title of Officer] of [Name of Purchaser] (the "Purchaser"), a
[description of type of entity] duly organized and existing under the laws of
the [State of ] [United States], on behalf of which he makes this affidavit.
2. That the Purchaser's Taxpayer Identification Number is [ ].
3. That the Purchaser is not a "disqualified organization" within
the meaning of Section 860E(e)(5),of the Internal Revenue Code of 1986, as
amended (the "Code"), or an ERISA Prohibited Holder, and will not be a
"disqualified organization" or an ERISA Prohibited Holder, as of [date of
transfer], and that the Purchaser is not acquiring Norwest Asset Securities
Corporation Mortgage Pass-Through Certificates, Series 1999-14, Class A-R
Certificate (the "Class A-R Certificate") for the account of, or as agent
(including a broker, nominee, or other middleman) for, any person or entity from
which it has not received an affidavit substantially in the form of this
affidavit. For these purposes, a "disqualified organization" means the United
States, any state or political subdivision thereof, any foreign government, any
international organization, any agency or instrumentality of any of the
foregoing (other than an instrumentality if all of its activities are subject to
tax and a majority of its board of directors is not selected by such
governmental entity), any cooperative organization furnishing electric energy or
providing telephone service to persons in rural areas as described in Code
Section 1381(a)(2)(C), or any organization (other than a farmers' cooperative
described in Code Section 521) that is exempt from taxation under the Code
unless such organization is subject to the tax on unrelated business income
imposed by Code Section 511. For these purposes, an "ERISA Prohibited Holder"
means an employee benefit plan or other retirement arrangement subject to Title
I of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"),
or Code Section 4975 or a governmental plan, as defined in Section 3(32) of
ERISA, subject to any federal, state or local law which is, to a material
extent, similar to the foregoing provisions of ERISA or the Code (collectively,
a "Plan") or a Person acting on behalf of or investing the assets of such a
Plan.
4. That the Purchaser historically has paid its debts as they have
come due and intends to pay its debts as they come due in the future and the
Purchaser intends to pay taxes associated with holding the Class A-R Certificate
as they become due.
5. That the Purchaser understands that it may incur tax liabilities
with respect to the Class A-R Certificate in excess of cash flows generated by
the Class A-R Certificate.
6. That the Purchaser will not transfer the Class A-R Certificate to
any person or entity from which the Purchaser has not received an affidavit
substantially in the form of this affidavit and as to which the Purchaser has
actual knowledge that the requirements set forth in paragraph 3, 4 or 7 hereof
are not satisfied or that the Purchaser has reason to know does not satisfy the
requirements set forth in paragraph 4 hereof.
7. That the Purchaser (i) is a U.S. Person or (ii) is a person other
than a U.S. Person (a "Non-U.S. Person") that holds the Class A-R Certificate in
connection with the conduct of a trade or business within the United States and
has furnished the transferor and the Trust Administrator with an effective
Internal Revenue Service Form 4224 or successor form at the time and in the
manner required by the Code or (iii) is a Non-U.S. Person that has delivered to
both the transferor and the Trust Administrator an opinion of a nationally
recognized tax counsel to the effect that the transfer of the Class A-R
Certificate to it is in accordance with the requirements of the Code and the
regulations promulgated thereunder and that such transfer of the Class A-R
Certificate will not be disregarded for federal income tax purposes. "U.S.
Person" means a citizen or resident of the United States, a corporation or
partnership (unless, in the case of a partnership, Treasury regulations are
adopted that provide otherwise) created or organized in or under the laws of the
United States, any state thereof or the District of Columbia, including an
entity treated as a corporation or partnership for federal income tax purposes,
an estate whose income is subject to United States federal income tax regardless
of its source, or a trust if a court within the United States is able to
exercise primary supervision over the administration of such trust, and one or
more such U.S. Persons have the authority to control all substantial decisions
of such trust (or, to the extent provided in applicable Treasury regulations,
certain trusts in existence on August 20, 1996 which are eligible to be treated
as U.S. Persons.
8. That the Purchaser agrees to such amendments of the Pooling and
Servicing Agreement as may be required to further effectuate the restrictions on
transfer of the Class A-R Certificate to such a "disqualified organization," an
agent thereof, an ERISA Prohibited Holder or a person that does not satisfy the
requirements of paragraph 4, paragraph 5 and paragraph 7 hereof.
9. That the Purchaser consents to the designation of the Master
Servicer as its agent to act as "tax matters person" of the REMIC pursuant to
Section 3.01 of the Pooling and Servicing Agreement, and if such designation is
not permitted by the Code and applicable law, to act as tax matters person if
requested to do so.
<PAGE>
IN WITNESS WHEREOF, the Purchaser has caused this instrument to be
executed on its behalf, pursuant to authority of its Board of Directors, by its
[Title of Officer] this ___ day of , 19 __.
[NAME OF PURCHASER]
By:__________________________
[Name of Officer]
[Title of Officer]
Personally appeared before me the above-named [Name of Officer],
known or proved to me to be the same person who executed the foregoing
instrument and to be the [Title of Officer], of the Purchaser, and acknowledged
to me that he [she] executed the same as his [her] free act and deed and the
free act and deed of the Purchaser.
Subscribed and sworn before me this __ day of __________, 19 __.
_____________________________
NOTARY PUBLIC
COUNTY OF ____________________
STATE OF _____________________
My commission expires the __ day of __________, 19__.
<PAGE>
EXHIBIT I
[Letter from Transferor of Class A-R Certificate]
[Date]
First Union National Bank
230 South Tryon Street
Charlotte, North Carolina 28288
Re: Norwest Asset Securities Corporation,
Series 1999-14, Class A-R
_____________________________________
Ladies and Gentlemen:
[Transferor] has reviewed the attached affidavit of [Transferee],
and has no actual knowledge that such affidavit is not true and has no reason to
know that the information contained in paragraph 4 thereof is not true.
Very truly yours,
[Transferor]
______________________
<PAGE>
EXHIBIT J
NORWEST ASSET SECURITIES CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-14
CLASS [A-PO][B-4][B-5][B-6] CERTIFICATES
TRANSFEREE'S LETTER
_________________ __, ____
First Union National Bank
230 South Tryon Street
Charlotte, North Carolina 28288
Norwest Asset Securities Corporation
7485 New Horizon Way
Frederick, Maryland 21703
The undersigned (the "Purchaser") proposes to purchase Norwest Asset
Securities Corporation Mortgage Pass-Through Certificates, Series 1999-14, Class
[A-PO][B-4][B-5][B-6] Certificates (the "Class [A-PO][B-4][B-5][B-6]
Certificates") in the principal amount of $___________. In doing so, the
Purchaser hereby acknowledges and agrees as
follows:
Section 1. Definitions. Each capitalized term used herein and not
otherwise defined herein shall have the meaning ascribed to it in the Pooling
and Servicing Agreement, dated as of May 27, 1999 (the "Pooling and Servicing
Agreement") among Norwest Asset Securities Corporation, as seller (the
"Seller"), Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer"), First Union National Bank, as trust administrator (the
"Trust Administrator") and the United States Trust Company of New York, as
trustee (the "Trustee"), of Norwest Asset Securities Corporation Mortgage
Pass-Through Certificates, Series 1999-14.
Section 2. Representations and Warranties of the Purchaser. In
connection with the proposed transfer, the Purchaser represents and warrants to
the Seller, the Master Servicer and the Trust Administrator that:
(a) The Purchaser is duly organized, validly existing and in good
standing under the laws of the jurisdiction in which the Purchaser is organized,
is authorized to invest in the Class [A-PO][B-4][B-5][B-6] Certificates, and to
enter into this Agreement, and duly executed and delivered this Agreement.
(b) The Purchaser is acquiring the Class [A-PO][B-4][B-5][B-6]
Certificates for its own account as principal and not with a view to the
distribution thereof, in whole or in part.
[(c) The Purchaser has knowledge of financial and business matters
and is capable of evaluating the merits and risks of an investment in the Class
[A-PO][B-4][B-5][B-6] Certificates; the Purchaser has sought such accounting,
legal and tax advice as it has considered necessary to make an informed
investment decision; and the Purchaser is able to bear the economic risk of an
investment in the Class [A-PO][B-4][B-5][B-6] Certificates and can afford a
complete loss of such investment.]
[(c) The Purchaser is a "Qualified Institutional Buyer" within
the meaning of Rule 144A of the Act.]
(d) The Purchaser confirms that (a) it has received and reviewed a
copy of the Private Placement Memorandum dated __________ __, 19__, relating to
the Class [A-PO][B-4][B-5][B-6] Certificates and reviewed, to the extent it
deemed appropriate, the documents attached thereto or incorporated by reference
therein, (b) it has had the opportunity to ask questions of, and receive answers
from the Seller concerning the Class [A-PO][B-4][B-5][B-6] Certificates and all
matters relating thereto, and obtain any additional information (including
documents) relevant to its decision to purchase the Class [A-PO][B-4][B-5][B-6]
Certificates that the Seller possesses or can possess without unreasonable
effort or expense and (c) it has undertaken its own independent analysis of the
investment in the Class [A-PO][B-4][B-5][B-6] Certificates. The Purchaser will
not use or disclose any information it receives in connection with its purchase
of the Class [A-PO][B-4][B-5][B-6] Certificates other than in connection with a
subsequent sale of Class [A-PO][B-4][B-5][B-6] Certificates.
(e) Either (i) the Purchaser is not an employee benefit plan or
other retirement arrangement subject to Title I of the Employee Retirement
Income Security Act of 1974, as amended, ("ERISA"), or Section 4975 of the
Internal Revenue Code of 1986, as amended (the "Code"), or a governmental plan,
as defined in Section 3(32) of ERISA subject to any federal, state or local law
("Similar Law") which is, to a material extent, similar to the foregoing
provisions of ERISA or the Code (collectively, a "Plan"), an agent acting on
behalf of a Plan, or a person utilizing the assets of a Plan or (ii) [for Class
[B-4][B-5][B-6] Certificates only] if the Purchaser is an insurance company, (A)
the source of funds used to purchase the Class [B-4][B-5][B-6] Certificate is an
"insurance company general account" (as such term is defined in Section V(e) of
Prohibited Transaction Class Exemption 95-60 ("PTE 95-60"), 60 Fed. Reg. 35925
(July 12, 1995), (B) there is no Plan with respect to which the amount of such
general account's reserves and liabilities for the contract(s) held by or on
behalf of such Plan and all other Plans maintained by the same employer (or
affiliate thereof as defined in Section V(a)(1) of PTE 95-60) or by the same
employee organization exceeds 10% of the total of all reserves and liabilities
of such general account (as such amounts are determined under Section I(a) of
PTE 95-60) at the date of acquisition and (C) the purchase and holding of such
Class [B-4][B-5][B-6] Certificates are covered by Sections I and III of PTE
95-60 or (iii) the Purchaser has provided (a) a "Benefit Plan Opinion"
satisfactory to the Seller and the Trust Administrator of the Trust Estate and
(b) such other opinions of counsel, officers' certificates and agreements as the
Seller or the Master Servicer may have required. A Benefit Plan Opinion is an
opinion of counsel to the effect that the proposed transfer will not cause the
assets of the Trust Estate to be regarded as "plan assets" and subject to the
prohibited transaction provisions of ERISA, the Code or Similar Law and will not
subject the Trust Administrator, the Trustee, the Seller or the Master Servicer
to any obligation in addition to those undertaken in the Pooling and Servicing
Agreement (including any liability for civil penalties or excise taxes imposed
pursuant to ERISA, Section 4975 of the Code or Similar Law).
(f) If the Purchaser is a depository institution subject to the
jurisdiction of the Office of the Comptroller of the Currency ("OCC"), the Board
of Governors of the Federal Reserve System ("FRB"), the Federal Deposit
Insurance Corporation ("FDIC"), the Office of Thrift Supervision ("OTS") or the
National Credit Union Administration ("NCUA"), the Purchaser has reviewed the
"Supervisory Policy Statement on Securities Activities" dated January 28, 1992
of the Federal Financial Institutions Examination Council and the April 15, 1994
Interim Revision thereto as adopted by the OCC, FRB, FDIC, OTS and NCUA (with
modifications as applicable), as appropriate, other applicable investment
authority, rules, supervisory policies and guidelines of these agencies and, to
the extent appropriate, state banking authorities and has concluded that its
purchase of the Class [A-PO][B-4][B-5][B-6] Certificates is in compliance
therewith.
Section 3. Transfer of Class [A-PO][B-4][B-5][B-6] Certificates.
(a) The Purchaser understands that the Class [A-PO][B-4][B-5][B-6]
Certificates have not been registered under the Securities Act of 1933 (the
"Act") or any state securities laws and that no transfer may be made unless the
Class [A-PO][B-4][B-5][B-6] Certificates are registered under the Act and
applicable state law or unless an exemption from registration is available. The
Purchaser further understands that neither the Seller, the Master Servicer nor
the Trust Administrator is under any obligation to register the Class
[A-PO][B-4][B-5][B-6] Certificates or make an exemption available. In the event
that such a transfer is to be made in reliance upon an exemption from the Act or
applicable state securities laws, (i) the Trust Administrator shall require, in
order to assure compliance with such laws, that the Certificateholder's
prospective transferee certify to the Seller and the Trust Administrator as to
the factual basis for the registration or qualification exemption relied upon,
and (ii) unless the transferee is a "Qualified Institutional Buyer" within the
meaning of Rule 144A of the Act, the Trust Administrator or the Seller may, if
such transfer is made within three years from the later of (a) the Closing Date
or (b) the last date on which the Seller or any affiliate thereof was a holder
of the Certificates proposed to be transferred, require an Opinion of Counsel
that such transfer may be made pursuant to an exemption from the Act and state
securities laws, which Opinion of Counsel shall not be an expense of the Trust
Administrator, the Master Servicer or the Seller. Any such Certificateholder
desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trustee, the Trust Administrator, the Master Servicer, any Paying Agent acting
on behalf of the Trust Administrator and the Seller against any liability that
may result if the transfer is not so exempt or is not made in accordance with
such federal and state laws.
(b) No transfer of a Class [A-PO][B-4][B-5][B-6] Certificate shall
be made unless the transferee provides the Seller and the Trust Administrator
with a Transferee's Letter, substantially in the form of this Agreement.
(c) The Purchaser acknowledges that its Class [A-PO][B-4][B-5][B-6]
Certificates bear a legend setting forth the applicable restrictions on
transfer.
<PAGE>
IN WITNESS WHEREOF, the undersigned has caused this Agreement to be
validly executed by its duly authorized representative as of the day and the
year first above written.
[PURCHASER]
By: ______________________________
Its: ______________________________
<PAGE>
EXHIBIT K
NORWEST ASSET SECURITIES CORPORATION
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1999-14
CLASS [A-16][B-1] [B-2] [B-3] CERTIFICATES
TRANSFEREE'S LETTER
______________ ____, ____
First Union National Bank
230 South Tryon Street
Charlotte, North Carolina 28288
Norwest Asset Securities Corporation
7485 New Horizon Way
Frederick, Maryland 21703
The undersigned (the "Purchaser") proposes to purchase Norwest Asset
Securities Corporation Mortgage Pass-Through Certificates, Series 1999-14, Class
[A-16][B-1][B-2][B-3] Certificates (the "Class [A-16][B-1][B-2][B-3]
Certificates") in the principal amount of $___________. In doing so, the
Purchaser hereby acknowledges and agrees as
follows:
Section 1. Definitions. Each capitalized term used herein and not
otherwise defined herein shall have the meaning ascribed to it in the Pooling
and Servicing Agreement, dated as of May 27, 1999 (the "Pooling and Servicing
Agreement") among Norwest Asset Securities Corporation, as seller (the
"Seller"), Norwest Bank Minnesota, National Association, as master servicer (the
"Master Servicer"), First Union National Bank, as trust administrator (the
"Trust Administrator") and the United States Trust Company of New York, as
trustee (the "Trustee") of Norwest Asset Securities Corporation Mortgage
Pass-Through Certificates, Series 1999-14.
Section 2. Representations and Warranties of the Purchaser. In
connection with the proposed transfer, the Purchaser represents and warrants to
the Seller, the Master Servicer and the Trust Administrator that:
Either (i) the Purchaser is not an employee benefit plan or other
retirement arrangement subject to Title I of the Employee Retirement Income
Security Act of 1974, as amended, ("ERISA"), or Section 4975 of the Internal
Revenue Code of 1986, as amended (the "Code"), or a governmental plan, as
defined in Section 3(32) of ERISA subject to any federal, state or local law
("Similar Law") which is, to a material extent, similar to the foregoing
provisions of ERISA or the Code (collectively, a "Plan"), an agent acting on
behalf of a Plan, or a person utilizing the assets of a Plan or (ii) if the
Purchaser is an insurance company, (A) the source of funds used to purchase the
Class [A-16][B-1][B-2][B-3] Certificate is an "insurance company general
account" (as such term is defined in Section V(e) of Prohibited Transaction
Class Exemption 95-60 ("PTE 95-60"), 60 Fed. Reg. 35925 (July 12, 1995), (B)
there is no Plan with respect to which the amount of such general account's
reserves and liabilities for the contract(s) held by or on behalf of such Plan
and all other Plans maintained by the same employer (or affiliate thereof as
defined in Section V(a)(1) of PTE 95-60) or by the same employee organization,
exceed 10% of the total of all reserves and liabilities of such general account
(as such amounts are determined under Section I(a) of PTE 95-60) at the date of
acquisition and (C) the purchase and holding of such Class [A-16][B-1][B-2][B-3]
Certificates are covered by Sections I and III of PTE 95-60 or (iii) the
Purchaser has provided (a) a "Benefit Plan Opinion" satisfactory to the Seller
and the Trust Administrator of the Trust Estate and (b) such other opinions of
counsel, officers' certificates and agreements as the Seller or the Master
Servicer may have required. A Benefit Plan Opinion is an opinion of counsel to
the effect that the proposed transfer will not cause the assets of the Trust
Estate to be regarded as "plan assets" and subject to the prohibited transaction
provisions of ERISA, the Code or Similar Law and will not subject the Trust
Administrator, the Trustee, the Seller or the Master Servicer to any obligation
in addition to those undertaken in the Pooling and Servicing Agreement
(including any liability for civil penalties or excise taxes imposed pursuant to
ERISA, Section 4975 of the Code or Similar Law).
IN WITNESS WHEREOF, the undersigned has caused this Agreement to be
validly executed by its duly authorized representative as of the day and the
year first above written.
[PURCHASER]
By: _____________________________
Its: _____________________________
[Reserved]
<PAGE>
EXHIBIT L
SERVICING AGREEMENTS
Norwest Mortgage, Inc. Servicing Agreement
First Union Mortgage Corporation Servicing Agreement
Merrill Lynch Credit Corporation Servicing Agreement
Bank United Servicing Agreement
Marine Midland Mortgage Corporation Servicing Agreement
Countrywide Home Loans, Inc. Servicing Agreement
NOVUS Financial Corporation Servicing Agreement
The Huntington Mortgage Company Servicing Agreement
National City Mortgage Company Servicing Agreement
FT Mortgage Companies Servicing Agreement
Hibernia National Bank Servicing Agreement
HomeSide Lending Servicing Agreement
Plymouth Savings Bank Servicing Agreement
SunTrust Mortgage Servicing Agreement
<PAGE>
EXHIBIT M
[FORM OF SPECIAL SERVICING AGREEMENT]
SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT
This SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT (the
"Agreement") is made and entered into as of , between Norwest Bank Minnesota,
National Association (the "Company" and "Norwest Bank") and (the "Purchaser").
PRELIMINARY STATEMENT
_____ is the holder of the entire interest in Norwest Asset
Securities Corporation Mortgage Pass-Through Certificates, Series 1999-14, Class
____ (the "Class B Certificates"). The Class B Certificates were issued pursuant
to a Pooling and Servicing Agreement dated as of May 27, 1999 among Norwest
Asset Securities Corporation, as seller (the "Seller"), Norwest Bank Minnesota,
National Association, as Master Servicer, First Union National Bank, as Trust
Administrator, and United States Trust Company of New York, as Trustee.
intends to resell all of the Class B Certificates directly to the Purchaser on
or promptly after the date hereof.
In connection with such sale, the parties hereto have agreed that
the Company will cause, to the extent that the Company as Master Servicer is
granted such authority in the related Servicing Agreements, the related
servicers (each a related "Servicer"), which service the Mortgage Loans which
comprise the Trust Estate related to the above referenced series under the
related servicing agreements (each a related "Servicing Agreement"), to engage
in certain special servicing procedures relating to foreclosures for the benefit
of the Purchaser, and that the Purchaser will deposit funds in a collateral fund
to cover any losses attributable to such procedures as well as all advances and
costs in connection therewith, as set forth herein.
In consideration of the mutual agreements herein contained, the
receipt and sufficiency of which are hereby acknowledged, the Company and the
Purchaser agree that the following provisions shall become effective and shall
be binding on and enforceable by the Company and the Purchaser:
ARTICLE I
DEFINITIONS
Section 1.01 Defined Terms.
Whenever used in this Agreement, the following words and phrases,
unless the context otherwise requires, shall have the following meanings:
Business Day: Any day other than (i) a Saturday or a Sunday or (ii)
a day on which banking institutions in the State of New York are required or
authorized by law or executive order to be closed.
Collateral Fund: The fund established and maintained pursuant to
Section 3.01 hereof.
Collateral Fund Permitted Investments: Either (i) obligations of, or
obligations fully guaranteed as to principal and interest by, the United States,
or any agency or instrumentality thereof, provided such obligations are backed
by the full faith and credit of the United States, (ii) a money market fund
rated in the highest rating category by a nationally recognized rating agency
selected by the Company, (iii) cash, (iv) mortgage pass-through certificates
issued or guaranteed by Government National Mortgage Association, FNMA or FHLMC,
(v) commercial paper (including both non-interest-bearing discount obligations
and interest-bearing obligations payable on demand or on a specified date), the
issuer of which may be an affiliate of the Company, having at the time of such
investment a rating of at least P-1 by Moody's Investors Service ("Moody's") or
at least D-1 by Duff & Phelps Credit Rating Co. ("DCR") or (vi) demand and time
deposits in, certificates of deposit of, any depository institution or trust
company (which may be an affiliate of the Company) incorporated under the laws
of the United States of America or any state thereof and subject to supervision
and examination by federal and/or state banking authorities, so long as at the
time of such investment either (x) the long-term debt obligations of such
depository institution or trust company have a rating of at least AA by DCR or
Aa2 by Moody's, (y) the certificate of deposit or other unsecured short-term
debt obligations of such depository institution or trust company have a rating
of at least D-1 by DCR or P-1 by Moody's or (z) the depository institution or
trust company is one that is acceptable to either DCR or Moody's and, for each
of the preceding clauses (i), (iv), (v) and (vi), the maturity thereof shall be
not later than the earlier to occur of (A) 30 days from the date of the related
investment and (B) the next succeeding Distribution Date as defined in the
related Pooling and Servicing Agreement.
Commencement of Foreclosure: The first official action required
under local law in order to commence foreclosure proceedings or to schedule a
trustee's sale under a deed of trust, including (i) in the case of a mortgage,
any filing or service of process necessary to commence an action to foreclose,
or (ii) in the case of a deed of trust, posting, the publishing, filing or
delivery of a notice of sale, but not including in either case (x) any notice of
default, notice of intent to foreclose or sell or any other action prerequisite
to the actions specified in (i) or (ii) above, (y) the acceptance of a
deed-in-lieu of foreclosure (whether in connection with a sale of the related
property or otherwise) or (z) initiation and completion of a short pay-off.
Current Appraisal: With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, an appraisal of the related
Mortgaged Property obtained by the Purchaser at its own expense from an
independent appraiser (which shall not be an affiliate of the Purchaser)
acceptable to the Company as nearly contemporaneously as practicable to the time
of the Purchaser's election, prepared based on the Company's customary
requirements for such appraisals.
Election to Delay Foreclosure: Any election by the Purchaser to
delay the Commencement of Foreclosure, made in accordance with Section
2.02(b).
Election to Foreclose: Any election by the Purchaser to proceed
with the Commencement of Foreclosure, made in accordance with Section 2.03(a).
Monthly Advances: Principal and interest advances and servicing
advances including costs and expenses of foreclosure.
Required Collateral Fund Balance: As of any date of determination,
an amount equal to the aggregate of all amounts previously required to be
deposited in the Collateral Fund pursuant to Section 2.02(d) (after adjustment
for all withdrawals and deposits pursuant to Section 2.02(e)) and Section
2.03(b) (after adjustment for all withdrawals and deposits pursuant to Section
2.03(c)) and Section 3.02 to be reduced by all withdrawals therefrom pursuant to
Section 2.02(g) and Section 2.03(d).
Section 1.02 Definitions Incorporated by Reference.
All capitalized terms not otherwise defined in this Agreement shall
have the meanings assigned in the Pooling and Servicing Agreement.
ARTICLE II
SPECIAL SERVICING PROCEDURES
Section 2.01 Reports and Notices.
(a) In connection with the performance of its duties under the
Pooling and Servicing Agreement relating to the realization upon defaulted
Mortgage Loans, the Company as Master Servicer shall provide to the Purchaser
the following notices and reports:
(i) Within five Business Days after each Distribution Date (or
included in or with the monthly statements to Certificateholders pursuant
to the Pooling and Servicing Agreement), the Company, shall provide to the
Purchaser a report, using the same methodology and calculations in its
standard servicing reports, indicating for the Trust Estate the number of
Mortgage Loans that are (A) thirty days, (B) sixty days, (C) ninety days
or more delinquent or (D) in foreclosure, and indicating for each such
Mortgage Loan the loan number and outstanding principal balance.
(ii) Prior to the Commencement of Foreclosure in connection with any
Mortgage Loan, the Company shall cause (to the extent that the Company as
Master Servicer is granted such authority in the related Servicing
Agreement) the Servicer to provide the Purchaser with a notice (sent by
telecopier) of such proposed and imminent foreclosure, stating the loan
number and the aggregate amount owing under the Mortgage Loan. Such notice
may be provided to the Purchaser in the form of a copy of a referral
letter from such Servicer to an attorney requesting the institution of
foreclosure.
(b) If requested by the Purchaser, the Company shall cause the
Servicer (to the extent that the Company as Master Servicer is granted such
authority in the related Servicing Agreement) to make its servicing personnel
available (during their normal business hours) to respond to reasonable
inquiries, by phone or in writing by facsimile, electronic, or overnight mail
transmission, by the Purchaser in connection with any Mortgage Loan identified
in a report under subsection (a) (i) (B), (a) (i) (C), (a) (i) (D), or (a) (ii)
which has been given to the Purchaser; provided, that (1) the related Servicer
shall only be required to provide information that is readily accessible to its
servicing personnel and is non-confidential and (2) the related Servicer shall
respond within five Business Days orally or in writing by facsimile
transmission.
(c) In addition to the foregoing, the Company shall cause the
Servicer (to the extent that the Company as Master Servicer is granted such
authority in the related Servicing Agreement) to provide to the Purchaser such
information as the Purchaser may reasonably request provided, however, that such
information is consistent with normal reporting practices, concerning each
Mortgage Loan that is at least ninety days delinquent and each Mortgage Loan
which has become real estate owned, through the final liquidation thereof;
provided, that the related Servicer shall only be required to provide
information that is readily accessible to its servicing personnel and is
non-confidential provided, however, that the Purchaser will reimburse the
Company and the related Servicer for any out of pocket expenses.
Section 2.02 Purchaser's Election to Delay Foreclosure
Proceedings.
(a) The Purchaser shall be deemed to direct the Company to direct
(to the extent that the Company as Master Servicer is granted such authority in
the related Servicing Agreement) the related Servicer that in the event that the
Company does not receive written notice of the Purchaser's election pursuant to
subsection (b) below within 24 hours (exclusive of any intervening non-Business
Days) of transmission of the notice provided by the Company under Section 2.01
(a) (ii) subject to extension as set forth in Section 2.02(b), the related
Servicer may proceed with the Commencement of Foreclosure in respect of such
Mortgage Loan in accordance with its normal foreclosure policies without further
notice to the Purchaser. Any foreclosure that has been initiated may be
discontinued (i) without notice to the Purchaser if the Mortgage Loan has been
brought current or if a refinancing or prepayment occurs with respect to the
Mortgage Loan (including by means of a short payoff approved by the related
Servicer) or (ii) if the related Servicer has reached the terms of a forbearance
agreement with the borrower. In the latter case, the related Servicer may
complete such forbearance agreement unless instructed otherwise by the Purchaser
within two Business Days notification.
(b) In connection with any Mortgage Loan with respect to which a
notice under Section 2.01(a)(ii) has been given to the Purchaser, the Purchaser
may elect to instruct the Company to cause, to the extent that the Company as
Master Servicer is granted such authority in the related Servicing Agreement,
the related Servicer to delay the Commencement of Foreclosure until such time as
the Purchaser determines that the related Servicer may proceed with the
Commencement of Foreclosure. Such election must be evidenced by written notice
received within 24 hours (exclusive of any intervening non-Business Days) of
transmission of the notice provided by the Company under Section 2.01(a)(ii).
Such 24 hour period shall be extended for no longer than an additional four
Business Days after the receipt of the information if the Purchaser requests
additional information related to such foreclosure; provided, however, that the
Purchaser will have at least one Business Day to respond to any requested
additional information. Any such additional information shall be provided only
to the extent it (i) is not confidential in nature and (ii) is obtainable by the
related Servicer from existing reports, certificates or statements or is
otherwise readily accessible to its servicing personnel. The Purchaser agrees
that it has no right to deal with the mortgagor during such period. However, if
such servicing activities include acceptance of a deed-in-lieu of foreclosure or
short payoff, the Purchaser will be notified and given two Business Days to
respond.
(c) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Delay Foreclosure, the Purchaser shall obtain a Current
Appraisal as soon as practicable, but in no event more than 15 business days
thereafter, and shall provide the Company with a copy of such Current Appraisal.
(d) Within two Business Days of making any Election to Delay
Foreclosure, the Purchaser shall remit by wire transfer to the Company, for
deposit in the Collateral Fund, an amount, as calculated by the Company, equal
to the sum of (i) 125% of the greater of the unpaid principal balance of the
Mortgage Loan and the value shown in the Current Appraisal referred to in
subsection (c) above (or, if such Current Appraisal has not yet been obtained,
the Company's estimate thereof, in which case the required deposit under this
subsection shall be adjusted upon obtaining such Current Appraisal), and (ii)
three months' interest on the Mortgage Loan at the applicable Mortgage Interest
Rate. If any Election to Delay Foreclosure extends for a period in excess of
three months (such excess period being referred to herein as the "Excess
Period"), within two Business Days the Purchaser shall remit by wire transfer in
advance to the Company for deposit in the Collateral Fund the amount of each
additional month's interest, as calculated by the Company, equal to interest on
the Mortgage Loan at the applicable Mortgage Interest Rate for the Excess
Period. The terms of this Agreement will no longer apply to the servicing of any
Mortgage Loan upon the failure of the Purchaser to deposit any of the above
amounts relating to the Mortgage Loan within two Business Days of the Election
to Delay Foreclosure or within two Business Days of the commencement of the
Excess Period subject to Section 3.01.
(e) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Delay Foreclosure, the Company may withdraw from the
Collateral Fund from time to time amounts necessary to reimburse the related
Servicer for all related Monthly Advances and Liquidation Expenses thereafter
made by such Servicer in accordance with the Pooling and Servicing Agreement and
the related Servicing Agreement. To the extent that the amount of any such
Liquidation Expenses is determined by the Company based on estimated costs, and
the actual costs are subsequently determined to be higher, the Company may
withdraw the additional amount from the Collateral Fund. In the event that the
Mortgage Loan is brought current by the mortgagor and the foreclosure action is
discontinued, the amounts so withdrawn from the Collateral Fund shall be
redeposited if and to the extent that reimbursement therefor from amounts paid
by the mortgagor is not prohibited pursuant to the Pooling and Servicing
Agreement or the related Servicing Agreement, applicable law or the related
mortgage note. Except as provided in the preceding sentence, amounts withdrawn
from the Collateral Fund to cover Monthly Advances and Liquidation Expenses
shall not be redeposited therein or otherwise reimbursed to the Purchaser. If
and when any such Mortgage Loan is brought current by the mortgagor, all amounts
remaining in the Collateral Fund in respect of such Mortgage Loan (after
adjustment for all permitted withdrawals and deposits pursuant to this
subsection) shall be released to the Purchaser.
(f) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Delay Foreclosure, the related Servicer shall continue to
service the Mortgage Loan in accordance with its customary procedures (other
than the delay in Commencement of Foreclosure as provided herein). If and when
the Purchaser shall notify the Company that it believes that it is appropriate
to do so, the related Servicer may proceed with the Commencement of Foreclosure.
In any event, if the Mortgage Loan is not brought current by the mortgagor by
the time the loan becomes 6 months delinquent, the Purchaser's election shall no
longer be effective and at the Purchaser's option, either (i) the Purchaser
shall purchase the Mortgage Loan from the related Trust Estate at a purchase
price equal to the fair market value as shown on the Current Appraisal, to be
paid by (x) applying any balance in the Collateral Fund to such to such purchase
price, and (y) to the extent of any deficiency, by wire transfer of immediately
available funds from the Purchaser to the Company for deposit in the related
Certificate Account; or (ii) the related Servicer shall proceed with the
Commencement of Foreclosure.
(g) Upon the occurrence of a liquidation with respect to any
Mortgage Loan as to which the Purchaser made an Election to Delay Foreclosure
and as to which the related Servicer proceeded with the Commencement of
Foreclosure in accordance with subsection (f) above, the Company shall calculate
the amount, if any, by which the value shown on the Current Appraisal obtained
under subsection (c) exceeds the actual sales price obtained for the related
Mortgaged Property (net of Liquidation Expenses and accrued interest related to
the extended foreclosure period), and the Company shall withdraw the amount of
such excess from the Collateral Fund, shall remit the same to the Trust Estate
and in its capacity as Master Servicer shall apply such amount as additional
Liquidation Proceeds pursuant to the Pooling and Servicing Agreement. After
making such withdrawal, all amounts remaining in the Collateral Fund in respect
of such Mortgage Loan (after adjustment for all permitted withdrawals and
deposits pursuant to this Agreement) shall be released to the Purchaser.
Section 2.03 Purchaser's Election to Commence Foreclosure
Proceedings.
(a) In connection with any Mortgage Loan identified in a report
under Section 2.01(a)(i)(B), the Purchaser may elect to instruct the Company to
cause, to the extent that the Company as Master Servicer is granted such
authority in the related Servicing Agreement, the related Servicer to proceed
with the Commencement of Foreclosure as soon as practicable. Such election must
be evidenced by written notice received by the Company by 5:00 p.m., New York
City time, on the third Business Day following the delivery of such report under
Section 2.01(a)(i).
(b) Within two Business Days of making any Election to Foreclose,
the Purchaser shall remit to the Company, for deposit in the Collateral Fund, an
amount, as calculated by the Company, equal to 125% of the current unpaid
principal balance of the Mortgage Loan and three months interest on the Mortgage
Loan at the applicable Mortgage Interest Rate. If and when any such Mortgage
Loan is brought current by the mortgagor, all amounts in the Collateral Fund in
respect of such Mortgage Loan (after adjustment for all permitted withdrawals
and deposits pursuant to this Agreement) shall be released to the Purchaser if
and to the extent that reimbursement therefor from amounts paid by the mortgagor
is not prohibited pursuant to the Pooling and Servicing Agreement or the related
Servicing Agreement, applicable law or the related mortgage note. The terms of
this Agreement will no longer apply to the servicing of any Mortgage Loan upon
the failure of the Purchaser to deposit the above amounts relating to the
Mortgage Loan within two Business Days of the Election to Foreclose subject to
Section 3.01.
(c) With respect to any Mortgage Loan as to which the Purchaser has
made an Election to Foreclose, the related Servicer shall continue to service
the Mortgage Loan in accordance with its customary procedures (other than
Commencement of Foreclosure as provided herein). In connection therewith, the
Company shall have the same rights to make withdrawals for Monthly Advances and
Liquidations Expenses from the Collateral Fund as are provided under Section
2.02(e), and the Company shall make reimbursements thereto to the limited extent
provided under such subsection in accordance with its customary procedures. The
Company shall not be required to cause, to the extent that the Company as Master
Servicer is granted such authority in the related Servicing Agreement, the
related Servicer to proceed with the Commencement of Foreclosure if (i) the same
is stayed as a result of the mortgagor's bankruptcy or is otherwise barred by
applicable law, or to the extent that all legal conditions precedent thereto
have not yet been complied with, or (ii) the Company believes there is a breach
of representations or warranties by the Company, a Servicer, or a Seller, which
may result in a repurchase or substitution of such Mortgage Loan, or (iii) the
Company or related Servicer reasonably believes the Mortgaged Property may be
contaminated with or affected by hazardous wastes or hazardous substances (and,
without limiting the related Servicer's right not to proceed with the
Commencement of Foreclosure, the Company supplies the Purchaser with information
supporting such belief). Any foreclosure that has been initiated may be
discontinued (x) without notice to the Purchaser if the Mortgage Loan has been
brought current or if a refinancing or prepayment occurs with respect to the
Mortgage Loan (including by means of a short payoff approved by the Purchaser)
or (y) with notice to the Purchaser if the related Servicer has reached the
terms of a forbearance agreement unless instructed otherwise by the Purchaser
within two Business Days of such notification. Any such instruction shall be
based upon a decision that such forbearance agreement is not in conformity with
reasonable servicing practices.
(d) Upon the occurrence of a liquidation with respect to any
Mortgage Loan as to which the Purchaser made an Election to Foreclose and as to
which the related Servicer proceeded with the Commencement of Foreclosure in
accordance with subsection (c) above, the Company shall calculate the amount, if
any, by which the unpaid principal balance of the Mortgage Loan at the time of
liquidation (plus all unreimbursed interest and servicing advances and
Liquidation Expenses in connection therewith other than those paid from the
Collateral Fund) exceeds the actual sales price obtained for the related
Mortgaged Property, and the Company shall withdraw the amount of such excess
from the Collateral Fund, shall remit the same to the Trust Estate and in its
capacity as Master Servicer shall apply such amount as additional Liquidation
Proceeds pursuant to the Pooling and Servicing Agreement. After making such
withdrawal, all amounts remaining in the Collateral Fund (after adjustment for
all withdrawals and deposits pursuant to subsection (c) in respect of such
Mortgage Loan shall be released to the Purchaser.
Section 2.04 Termination.
(a) With respect to all Mortgage Loans included in the Trust Estate,
the Purchaser's right to make any Election to Delay Foreclosure or any Election
to Foreclose and the Company's obligations under Section 2.01 shall terminate
(i) at such time as the Principal Balance of the Class B Certificates has been
reduced to zero, (ii) if the greater of (x) 43% (or such lower or higher
percentage that represents the related Servicer's actual historical loss
experience with respect to the Mortgage Loans in the related pool as determined
by the Company) of the aggregate principal balance of all Mortgage Loans that
are in foreclosure or are more than 90 days delinquent on a contractual basis
and REO properties or (y) the aggregate amount that the Company estimates
through the normal servicing practices of the related Servicer will be required
to be withdrawn from the Collateral Fund with respect to Mortgage Loans as to
which the Purchaser has made an Election to Delay Foreclosure or an Election to
Foreclosure, exceeds (z) the then-current principal balance of the Class B
Certificates, (iii) upon any transfer by the Purchaser of any interest (other
than the minority interest therein, but only if the transferee provides written
acknowledgment to the Company of the Purchaser's right hereunder and that such
transferee will have no rights hereunder) in the Class B Certificates (whether
or not such transfer is registered under the Pooling and Servicing Agreement),
including any such transfer in connection with a termination of the Trust Estate
or (iv) upon any breach of the terms of this Agreement by the Purchaser.
(b) Except as set forth in 2.04(a), this Agreement and the
respective rights, obligations and responsibilities of the Purchaser and the
Company hereunder shall terminate upon the later to occur of (i) the final
liquidation of the last Mortgage Loan as to which the Purchaser made any
Election to Delay Foreclosure or any Election to Foreclose and the withdrawal of
all remaining amounts in the Collateral Fund as provided herein and (ii) ten
Business Days' notice. The Purchaser's right to make an election pursuant to
Section 2.02 or Section 2.03 hereof with respect to a particular Mortgage Loan
shall terminate if the Purchaser fails to make any deposit required pursuant to
Section 2.02(d) or 2.03(b) or if the Purchaser fails to make any other deposit
to the Collateral Fund pursuant to this Agreement.
ARTICLE III
COLLATERAL FUND; SECURITY INTEREST
Section 3.01 Collateral Fund.
Upon receipt from the Purchaser of the initial amount required to be
deposited in the Collateral Fund pursuant to Article II, the Company shall
establish and maintain with Bankers Trust Company as a segregated account on its
books and records an account (the "Collateral Fund"), entitled "Norwest Bank
Minnesota, National Association, as Master Servicer, for the benefit of
registered holders of Norwest Asset Securities Corporation Mortgage Pass-Through
Certificates, Series 1999-14. Amounts held in the Collateral Fund shall continue
to be the property of the Purchaser, subject to the first priority security
interest granted hereunder for the benefit of the Certificateholders, until
withdrawn from the Collateral Fund pursuant to Section 2.02 or 2.03 hereof. The
Collateral Fund shall be an "outside reserve fund" within the meaning of the
REMIC Provisions, beneficially owned by the Purchaser for federal income tax
purposes. All income, gain, deduction or loss with respect to the Collateral
Fund shall be that of the Purchaser. All distributions from the Trust Fund to
the Collateral Fund shall be treated as distributed to the Purchaser as the
beneficial owner thereof.
Upon the termination of this Agreement and the liquidation of all
Mortgage Loans as to which the Purchaser has made any Election to Delay
Foreclosure or any Election to Foreclose pursuant to Section 2.04 hereof, the
Company shall distribute or cause to be distributed to the Purchaser all amounts
remaining in the Collateral Fund (after adjustment for all deposits and
permitted withdrawals pursuant to this Agreement) together with any investment
earnings thereon. In the event the Purchaser has made any Election to Delay
Foreclosure or any Election to Foreclose, prior to any distribution to the
Purchaser of all amounts remaining in the Collateral Fund, funds in the
Collateral Fund shall be applied consistent with the terms of this Agreement.
Section 3.02 Collateral Fund Permitted Investments.
The Company shall, at the written direction of the Purchaser, invest
the funds in the Collateral Fund in Collateral Fund Permitted Investments. Such
direction shall not be changed more frequently than quarterly. In the absence of
any direction, the Company shall select such investments in accordance with the
definition of Collateral Fund Permitted Investments in its discretion.
All income and gain realized from any investment as well as any
interest earned on deposits in the Collateral Fund (net of any losses on such
investments) and any payments of principal made in respect of any Collateral
Fund Permitted Investment shall be deposited in the Collateral Fund upon
receipt. All costs and realized losses associated with the purchase and sale of
Collateral Fund Permitted Investments shall be borne by the Purchaser and the
amount of net realized losses shall be deposited by the Purchaser in the
Collateral Fund promptly upon realization. The Company shall periodically (but
not more frequently than monthly) distribute to the Purchaser upon request an
amount of cash, to the extent cash is available therefore in the Collateral
Fund, equal to the amount by which the balance of the Collateral Fund, after
giving effect to all other distributions to be made from the Collateral Fund on
such date, exceeds the Required Collateral Fund Balance. Any amounts so
distributed shall be released from the lien and security interest of this
Agreement.
Section 3.03 Grant of Security Interest.
The Purchaser hereby grants to the Company for the benefit of the
Certificateholders under the Pooling and Servicing Agreement a security interest
in and lien on all of the Purchaser's right, title and interest, whether now
owned or hereafter acquired, in and to: (1) the Collateral Fund, (2) all amounts
deposited in the Collateral Fund and Collateral Fund Permitted Investments in
which such amounts are invested (and the distributions and proceeds of such
investments) and (3) all cash and non-cash proceeds of any of the foregoing,
including proceeds of the voluntary conversion thereof (all of the foregoing
collectively, the "Collateral").
The Purchaser acknowledges the lien on and the security interest in
the Collateral for the benefit of the Certificateholders. The Purchaser shall
take all actions requested by the Company as may be reasonably necessary to
perfect the security interest created under this Agreement in the Collateral and
cause it to be prior to all other security interests and liens, including the
execution and delivery to the Company for filing of appropriate financing
statements in accordance with applicable law. The Company shall file appropriate
continuation statements, or appoint an agent on its behalf to file such
statements, in accordance with applicable law.
Section 3.04 Collateral Shortfalls.
In the event that amounts on deposit in the Collateral Fund at any
time are insufficient to cover any withdrawals therefrom that the Company is
then entitled to make hereunder, the Purchaser shall be obligated to pay such
amounts to the Company immediately upon demand. Such obligation shall constitute
a general corporate obligation of the Purchaser. The failure to pay such amounts
within two Business Days of such demand (except for amounts to cover interest on
a Mortgage Loan pursuant to Sections 2.02(d) and 2.03 (b)), shall cause an
immediate termination of the Purchaser's right to make any Election to Delay
Foreclosure or Election to Foreclose and the Company's obligations under this
Agreement with respect to all Mortgage Loans to which such insufficiencies
relate, without the necessity of any further notice or demand on the part of the
Company.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.01 Amendment.
This Agreement may be amended from time to time by the Company and
the Purchaser by written agreement signed by the Company and the Purchaser.
Section 4.02 Counterparts.
This Agreement may be executed simultaneously in any number of
counterparts, each of which counterparts shall be deemed to be an original, and
such counterparts shall constitute but one and the same instrument.
Section 4.03 Governing Law.
This Agreement shall be construed in accordance with the laws of the
State of New York and the obligations, rights and remedies of the parties
hereunder shall be determined in accordance with such laws.
Section 4.04 Notices.
All demands, notices and direction hereunder shall be in writing or
by telecopy and shall be deemed effective upon receipt to:
(a) in the case of the Company,
Norwest Bank Minnesota, National Association
7485 New Horizon Way
Frederick, MD 21703
Attention: Vice President, Master Servicing
Phone: 301-696-7800
Fax: 301-815-6365
(b) in the case of the Purchaser,
____________________________________________
____________________________________________
____________________________________________
Attention: _________________________________
Section 4.05 Severability of Provisions.
If any one or more of the covenants, agreements, provision or terms
of this Agreement shall be for any reason whatsoever, including regulatory, held
invalid, then such covenants, agreements, provisions or terms of this Agreement
and shall in no way affect the validity or enforceability of the other
provisions of this Agreement.
Section 4.06 Successors and Assigns.
The provisions of this Agreement shall be binding upon and inure to
the benefit of the respective successors and assigns of the parties hereto, and
all such provisions shall inure to the benefit of the Certificateholders;
provided, however, that the rights under this Agreement cannot be assigned by
the Purchaser without the consent of the Company.
Section 4.07 Article and Section Headings.
The article and section headings herein are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.
Section 4.08 Confidentiality.
The Purchaser agrees that all information supplied by or on behalf
of the Company pursuant to Sections 2.01 or 2.02, including individual account
information, is the property of the Company and the Purchaser agrees to hold
such information confidential and not to disclose such information.
Each party hereto agrees that neither it, nor any officer, director,
employee, affiliate or independent contractor acting at such party's direction
will disclose the terms of Section 4.09 of this Agreement to any person or
entity other than such party's legal counsel except pursuant to a final,
non-appealable order of court, the pendency of such order the other party will
have received notice of at least five business days prior to the date thereof,
or pursuant to the other party's prior express written consent.
Section 4.09 Indemnification.
The Purchaser agrees to indemnify and hold harmless the Company, the
Seller, and each Servicer and each person who controls the Company, the Seller,
or a Servicer and each of their respective officers, directors, affiliates and
agents acting at the Company's, the Seller's, or a Servicer's direction (the
"Indemnified Parties") against any and all losses, claims, damages or
liabilities to which they may be subject, insofar as such losses, claims,
damages or liabilities (or actions in respect thereof) arise out of, or are
based upon, actions taken by, or actions not taken by, the Company, the Seller,
or a Servicer, or on their behalf, in accordance with the provisions of this
Agreement and (i) which actions conflict with the Company's, the Seller's, or a
Servicer's obligations under the Pooling and Servicing Agreement or the related
Servicing Agreement, or (ii) give rise to securities law liability under federal
or state securities laws with respect to the Certificates. The Purchaser hereby
agrees to reimburse the Indemnified Parties for the reasonable legal or other
expenses incurred by them in connection with investigating or defending any such
loss, claim, damage, liability or action. The indemnification obligations of the
Purchaser hereunder shall survive the termination or expiration of this
Agreement.
<PAGE>
IN WITNESS WHEREOF, the Company and the Purchaser have caused their
names to be signed hereto by their respective officers thereunto duly
authorized, all as of the day and year first above written.
Norwest Bank Minnesota, National
Association
By:____________________________________
Name:__________________________________
Title:_________________________________
By:____________________________________
Name:__________________________________
Title:_________________________________
<PAGE>
SCHEDULE I
Norwest Asset Securities Corporation, Mortgage Pass-Through Certificates,
Series 1999-14
Applicable Unscheduled Principal Receipt Period
FULL PARTIAL
UNSCHEDULED UNSCHEDULED
PRINCIPAL PRINCIPAL
SERVICER RECEIPTS RECEIPTS
- ------------------------------- ------------ --------------
Norwest Mortgage, Inc. Prior Month Prior Month
(Exhibit F-1)
Norwest Mortgage, Inc. Mid Month Mid Month
(Exhibit F-2)
First Union Mortgage Corporation Mid Month Prior Month
Merrill Lynch Credit Corporation Mid Month Prior Month
Bank United Mid Month Prior Month
Marine Midland Mortgage Mid Month Prior Month
Corporation.
Countrywide Home Loans, Inc. Prior Month Prior Month
NOVUS Financial Corporation Prior Month Prior Month
The Huntington Mortgage Company Mid Month Prior Month
National City Mortgage Company Mid Month Prior Month
FT Mortgage Companies Mid Month Prior Month
Hibernia National Bank Mid Month Prior Month
HomeSide Lending Prior Month Prior Month
Plymouth Savings Bank Mid Month Prior Month
SunTrust Mortgage, Inc. Mid Month Prior Month
