IndyMac MBS, Inc.
Depositor
IndyMac Bank, F.S.B.
Seller and Servicer
Deutsche Bank National Trust Company
Trustee and Supplemental Interest
Trust Trustee
____________________________________
Pooling and Servicing Agreement
Dated as of September 1,
2006
_____________________________________
Home
Equity Mortgage Loan Asset-Backed Trust
Series INABS 2006-D
Home
Equity Mortgage Loan Asset-Backed Certificates
Series INABS 2006-D
Section 1.01 Definitions.
Section 1.02 Rules of
Construction.
CONVEYANCE OF MORTGAGE LOANS;
REPRESENTATIONS AND WARRANTIES
Section 2.01 Conveyance of Mortgage
Loans.
Section 2.02 Acceptance by the
Trustee of the Mortgage Loans.
Section 2.03 Representations,
Warranties, and Covenants of the Seller and the
Servicer.
Section 2.04 Representations and
Warranties of the Depositor as to the Mortgage Loans.
Section 2.05 Delivery of Opinion of
Counsel in Connection with Substitutions and
Repurchases.
Section 2.06 Execution and Delivery
of Certificates.
Section 2.07 Conveyance of
Subsequent Mortgage Loans.
Section 2.08 REMIC
Matters.
Section 2.09 Covenants of the
Servicer.
Section 2.10 Purposes and Powers of
the Trust
ADMINISTRATION AND SERVICING OF
MORTGAGE LOANS
Section 3.01 Servicer to Service
Mortgage Loans.
Section 3.05 Trustee to Act as
Servicer.
Section 3.06 Collection of Mortgage
Loan Payments; Servicing Accounts; Collection Account; Certificate
Account; Distribution Account; Excess Reserve Fund
Account.
Section 3.07 Collection of Taxes,
Assessments, and Similar Items Escrow Accounts.
Section 3.08 Access to Certain
Documentation and Information Regarding the Mortgage
Loans.
Section 3.09 Permitted Withdrawals
from the Certificate Account, the Distribution Account and the
Excess Reserve Fund Account.
Section 3.10 Maintenance of Hazard
Insurance; Maintenance of Primary Insurance Policies.
Section 3.11 Enforcement of
Due-On-Sale Clauses; Assumption Agreements.
Section 3.12 Realization Upon
Defaulted Mortgage Loans; Repurchase of Certain Mortgage
Loans.
Section 3.13 Trustee to Cooperate;
Release of Mortgage Files.
Section 3.14 Documents, Records, and
Funds in Possession of the Servicer to be Held for the
Trustee.
Section 3.15 Servicing
Compensation.
Section 3.16 Access to Certain
Documentation.
Section 3.17 Annual Statement as to
Compliance.
Section 3.18 Assessments of
Compliance and Attestation Reports.
Section 3.19 Errors and Omissions
Insurance; Fidelity Bonds.
Section 3.20 Notification of
Adjustments.
Section 3.21 Prepayment
Charges.
Section 3.22 Pre-Funding
Accounts.
Section 3.23 Interest Coverage
Accounts.
Section 3.24 Commission
Reporting
DISTRIBUTIONS AND ADVANCES BY THE
SERVICER
Section 4.02 Priorities of
Distribution.
Section 4.03 Monthly Statements to
Certificateholders.
Section 4.04 Allocation of Interest
Shortfall and Realized Losses
Section 4.05 Supplemental Interest
Trust.
Section 4.06 Tax Treatment of Net
Swap Payments and Swap Termination Payments.
Section 4.07 Certain Matters
Relating to the Determination of LIBOR.
Section 4.08 Section 4.08
Distributions and Allocation of Realized Losses to the REMIC I
Regular Interests, REMIC II Regular Interests and REMIC III Regular
Interests.
Section 5.01 The
Certificates.
Section 5.02 Certificate Register;
Registration of Transfer and Exchange 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.
THE DEPOSITOR AND THE
SERVICER
Section 6.01 Respective Liabilities
of the Depositor and the Servicer.
Section 6.02 Merger or Consolidation
of the Depositor or the Servicer.
Section 6.03 Limitation on Liability
of the Depositor, the Seller, the Servicer, and Others.
Section 6.04 Limitation on
Resignation of the Servicer.
Section 7.01 Events of
Default.
Section 7.02 Trustee to Act;
Appointment of Successor.
Section 7.03 Notification to
Certificateholders.
CONCERNING THE TRUSTEE AND THE
SUPPLEMENTAL INTEREST TRUST TRUSTEE
Section 8.01 Duties of the Trustee
and the Supplemental Interest Trust Trustee.
Section 8.02 Certain Matters
Affecting the Trustee and the Supplemental Interest Trust
Trustee.
Section 8.03 Trustee and
Supplemental Interest Trust Trustee Not Liable for Certificates or
Mortgage Loans.
Section 8.04 Trustee and
Supplemental Interest Trust Trustee May Own
Certificates.
Section 8.05 Trustee’s Fees
and Expenses.
Section 8.06 Eligibility
Requirements for the Trustee and the Supplemental Interest Trust
Trustee.
Section 8.07 Resignation and Removal
of the Trustee and the Supplemental Interest Trust
Trustee.
Section 8.08 Successor Trustee or
Supplemental Interest Trust Trustee.
Section 8.09 Merger or Consolidation
of the Trustee or the Supplemental Interest Trust
Trustee.
Section 8.10 Appointment of
Co-Trustee or Separate Trustee.
Section 8.11 Tax Matters.
Section 8.12 Access to Records of
Trustee.
Section 8.13 Suits for
Enforcement.
Section 9.01 Termination upon
Liquidation or Purchase of the Mortgage Loans.
Section 9.02 Final Distribution on
the Certificates.
Section 9.03 Additional Termination
Requirements.
Section 9.04 Termination of the
Supplemental Interest Trust.
Section 10.02 Recordation of
Agreement; Counterparts.
Section 10.03 Governing
Law.
Section 10.04 Intention of
Parties.
Section 10.06 Severability of
Provisions.
Section 10.07 Assignment.
Section 10.08 Limitation on Rights
of Certificateholders.
Section 10.09 Inspection and Audit
Rights.
Section 10.10 Certificates
Nonassessable and Fully Paid.
Section 10.11 Official
Record.
Section 10.12 Protection of
Assets.
Section 10.13 Qualifying Special
Purpose Entity.
Section 10.14 Rights of NIM
Insurer.
SCHEDULES
Schedule I: Mortgage Loan
Schedule
Schedule II: Representations and
Warranties of the Seller/Servicer as of the Closing Date
Schedule III: Representations and
Warranties as to the Mortgage Loans as of the Closing Date or
Cut-off Date, as applicable
EXHIBITS
Exhibit A: Form of Class
A and Subordinated Certificates
Exhibit B: Form of
Class P Certificate
Exhibit C: Form of
Residual Certificate
Exhibit D: Form of
Class C Certificate
Exhibit F:
Form of Reverse of Certificates
Exhibit G-1: Form of Initial
Certification of Trustee
Exhibit G-2: Form of Delayed
Delivery Certification
Exhibit H: Form of
Final Certification of Trustee
Exhibit I:
Form of Transfer Affidavit
Exhibit J:
Form of Transferor Certificate
Exhibit K: Form of
Swap Agreement
Exhibit L:
Form of Rule 144A Letter
Exhibit M: Form of
Request for Release (for Trustee)
Exhibit N: Form of
Request for Release (Mortgage Loan Paid in Full, Repurchased, and
Released)
Exhibit O-1: Form of Certification
to be Provided by the Depositor with Form 10-K
Exhibit O-2: Trustee’s
Officer’s Certificate
Exhibit P:
Form of Addition Notice
Exhibit Q: Form of
Subsequent Transfer Instrument
Exhibit R:
Servicing Criteria to be addressed in Assessment of
Compliance
Exhibit S:
Reporting Responsibility
This Pooling and Servicing Agreement, dated as
of September 1, 2006, among INDYMAC MBS, Inc., a Delaware
corporation, as depositor (the “ Depositor
”), IndyMac Bank, F.S.B. (“ IndyMac
”), a federal savings bank, as seller (in that capacity, the
“ Seller ”) and as servicer (in that
capacity, the “ Servicer ”), and
Deutsche Bank National Trust Company, a national banking
association, as trustee (the “ Trustee
”) and as supplemental interest trust trustee (the “
Supplemental Interest Trust Trustee
”),
Witnesseth That
In consideration of the mutual agreements herein
contained, the parties agree as follows:
Preliminary Statement
The Depositor intends to sell pass-through
certificates (collectively, the “
Certificates ”), to be issued hereunder in
multiple classes, which in the aggregate will evidence the entire
beneficial ownership interest in each REMIC (as defined herein)
created hereunder. The Trust Fund will consist of a segregated pool
of assets consisting of the Mortgage Loans and certain other
related assets subject to this Agreement.
REMIC I
As provided herein, the Trustee will elect to
treat the segregated pool of assets consisting of the Mortgage
Loans and certain other related assets (other than the Pre-Funding
Accounts, the Interest Coverage Accounts, any Subsequent Mortgage
Loan Interest, the Excess Reserve Fund Account, the Supplemental
Interest Trust and the Swap Agreement) subject to this Agreement as
a REMIC for federal income tax purposes, and such segregated pool
of assets will be designated as REMIC I. The Class R-I Interest
will be the sole class of residual interests in REMIC I for
purposes of the REMIC Provisions (as defined herein). The following
table irrevocably sets forth the designation, the REMIC I
Remittance Rate, the initial Uncertificated Balance and, for
purposes of satisfying Treasury Regulation Section
1.860G-1(a)(4)(iii), the latest possible maturity date for each of
the REMIC I Regular Interests (as defined herein). None of the
REMIC I Regular Interests will be certificated.
|
Designation
|
|
REMIC I Remittance Rate
|
|
Initial Uncertificated
Balance
|
|
Latest Possible
Maturity Date
(1)
|
|
I-LT1
|
|
Variable (2)
|
|
|
$194,376,155.71
|
|
November 25, 2036
|
|
I-LT1PF
|
|
Variable (2)
|
|
|
$ 55,623,744.29
|
|
November 25, 2036
|
|
I-LT2
|
|
Variable (2)
|
|
|
$596,439,449.93
|
|
November 25, 2036
|
|
I-LT2PF
|
|
Variable (2)
|
|
|
$103,560,550.07
|
|
November 25, 2036
|
|
I-LTP
|
|
Variable (2)
|
|
|
$
100.00
|
|
November 25, 2036
|
|
(1)
|
For purposes of
Treasury Regulation Section 1.860G-1(a)(4)(iii).
|
|
(2)
|
Calculated in
accordance with the definition of REMIC I Remittance Rate
herein.
|
REMIC II
As provided herein, the Trustee will elect to
treat the segregated pool of assets consisting of the REMIC I
Regular Interests as a REMIC for federal income tax purposes, and
such segregated pool of assets will be designated as REMIC II. The
Class R-II Interest will evidence the sole class of residual
interests in REMIC II for purposes of the REMIC Provisions. The
following table irrevocably sets forth the designation, the REMIC
II Remittance Rate, the initial Uncertificated Balance and, for
purposes of satisfying Treasury Regulation Section
1.860G-1(a)(4)(iii), the latest possible maturity date for each of
the REMIC II Regular Interests (as defined herein). None of the
REMIC II Regular Interests will be certificated.
|
Designation
|
|
REMIC II
Remittance Rate
|
|
Initial
Uncertificated Balance
|
|
Latest Possible
Maturity Date
(1)
|
|
|
I-1-A
|
|
Variable (2)
|
|
|
$
899,342.11
|
|
November 25, 2036
|
|
|
I-1-B
|
|
Variable (2)
|
|
|
$
899,342.11
|
|
November 25, 2036
|
|
|
I-2-A
|
|
Variable (2)
|
|
|
$ 1,304,473.68
|
|
November 25, 2036
|
|
|
I-2-B
|
|
Variable (2)
|
|
|
$ 1,304,473.68
|
|
November 25, 2036
|
|
|
I-3-A
|
|
Variable (2)
|
|
|
$ 1,703,815.79
|
|
November 25, 2036
|
|
|
I-3-B
|
|
Variable (2)
|
|
|
$ 1,703,815.79
|
|
November 25, 2036
|
|
|
I-4-A
|
|
Variable (2)
|
|
|
$ 2,103,684.21
|
|
November 25, 2036
|
|
|
I-4-B
|
|
Variable (2)
|
|
|
$ 2,103,684.21
|
|
November 25, 2036
|
|
|
I-5-A
|
|
Variable (2)
|
|
|
$ 2,500,131.58
|
|
November 25, 2036
|
|
|
I-5-B
|
|
Variable (2)
|
|
|
$ 2,500,131.58
|
|
November 25, 2036
|
|
|
I-6-A
|
|
Variable (2)
|
|
|
$ 2,889,605.26
|
|
November 25, 2036
|
|
|
I-6-B
|
|
Variable (2)
|
|
|
$ 2,889,605.26
|
|
November 25, 2036
|
|
|
I-7-A
|
|
Variable (2)
|
|
|
$ 3,268,552.63
|
|
November 25, 2036
|
|
|
I-7-B
|
|
Variable (2)
|
|
|
$ 3,268,552.63
|
|
November 25, 2036
|
|
|
I-8-A
|
|
Variable (2)
|
|
|
$ 3,627,236.84
|
|
November 25, 2036
|
|
|
I-8-B
|
|
Variable (2)
|
|
|
$ 3,627,236.84
|
|
November 25, 2036
|
|
|
I-9-A
|
|
Variable (2)
|
|
|
$ 3,965,394.74
|
|
November 25, 2036
|
|
|
I-9-B
|
|
Variable (2)
|
|
|
$
3,965,394.74
|
|
November 25, 2036
|
|
|
I-10-A
|
|
Variable (2)
|
|
|
$ 4,223,026.32
|
|
November 25, 2036
|
|
|
I-10-B
|
|
Variable (2)
|
|
|
$ 4,223,026.32
|
|
November 25, 2036
|
|
|
I-11-A
|
|
Variable (2)
|
|
|
$ 4,356,578.95
|
|
November 25, 2036
|
|
|
I-11-B
|
|
Variable (2)
|
|
|
$ 4,356,578.95
|
|
November 25, 2036
|
|
|
I-12-A
|
|
Variable (2)
|
|
|
$ 4,246,184.21
|
|
November 25, 2036
|
|
|
I-12-B
|
|
Variable (2)
|
|
|
$ 4,246,184.21
|
|
November 25, 2036
|
|
|
I-13-A
|
|
Variable (2)
|
|
|
$ 4,127,236.84
|
|
November 25, 2036
|
|
|
I-13-B
|
|
Variable (2)
|
|
|
$ 4,127,236.84
|
|
November 25, 2036
|
|
|
I-14-A
|
|
Variable (2)
|
|
|
$ 3,935,000.00
|
|
November 25, 2036
|
|
|
I-14-B
|
|
Variable (2)
|
|
|
$ 3,935,000.00
|
|
November 25, 2036
|
|
|
I-15-A
|
|
Variable (2)
|
|
|
$ 3,753,421.05
|
|
November 25, 2036
|
|
|
I-15-B
|
|
Variable (2)
|
|
|
$ 3,753,421.05
|
|
November 25, 2036
|
|
|
I-16-A
|
|
Variable (2)
|
|
|
$ 3,578,552.63
|
|
November 25, 2036
|
|
|
I-16-B
|
|
Variable (2)
|
|
|
$ 3,578,552.63
|
|
November 25, 2036
|
|
|
I-17-A
|
|
Variable (2)
|
|
|
$ 3,411,184.21
|
|
November 25, 2036
|
|
|
I-17-B
|
|
Variable (2)
|
|
|
$ 3,411,184.21
|
|
November 25, 2036
|
|
|
I-18-A
|
|
Variable (2)
|
|
|
$ 3,285,657.89
|
|
November 25, 2036
|
|
|
I-18-B
|
|
Variable (2)
|
|
|
$ 3,285,657.89
|
|
November 25, 2036
|
|
|
I-19-A
|
|
Variable (2)
|
|
|
$ 3,144,605.26
|
|
November 25, 2036
|
|
|
I-19-B
|
|
Variable (2)
|
|
|
$ 3,144,605.26
|
|
November 25, 2036
|
|
|
I-20-A
|
|
Variable (2)
|
|
|
$ 3,364,736.84
|
|
November 25, 2036
|
|
|
I-20-B
|
|
Variable (2)
|
|
|
$ 3,364,736.84
|
|
November 25, 2036
|
|
|
I-21-A
|
|
Variable (2)
|
|
|
$ 3,686,710.53
|
|
November 25, 2036
|
|
|
I-21-B
|
|
Variable (2)
|
|
|
$ 3,686,710.53
|
|
November 25, 2036
|
|
|
I-22-A
|
|
Variable (2)
|
|
|
$ 4,684,736.84
|
|
November 25, 2036
|
|
|
I-22-B
|
|
Variable (2)
|
|
|
$ 4,684,736.84
|
|
November 25, 2036
|
|
|
I-23-A
|
|
Variable (2)
|
|
|
$ 4,280,657.89
|
|
November 25, 2036
|
|
|
I-23-B
|
|
Variable (2)
|
|
|
$ 4,280,657.89
|
|
November 25, 2036
|
|
|
I-24-A
|
|
Variable (2)
|
|
|
$ 4,286,710.53
|
|
November 25, 2036
|
|
|
I-24-B
|
|
Variable (2)
|
|
|
$ 4,286,710.53
|
|
November 25, 2036
|
|
|
I-25-A
|
|
Variable (2)
|
|
|
$ 3,686,710.53
|
|
November 25, 2036
|
|
|
I-25-B
|
|
Variable (2)
|
|
|
$ 3,686,710.53
|
|
November 25, 2036
|
|
|
I-26-A
|
|
Variable (2)
|
|
|
$ 3,091,052.63
|
|
November 25, 2036
|
|
|
I-26-B
|
|
Variable (2)
|
|
|
$ 3,091,052.63
|
|
November 25, 2036
|
|
|
I-27-A
|
|
Variable (2)
|
|
|
$ 2,236,315.79
|
|
November 25, 2036
|
|
|
I-27-B
|
|
Variable (2)
|
|
|
$ 2,236,315.79
|
|
November 25, 2036
|
|
|
I-28-A
|
|
Variable (2)
|
|
|
$ 2,054,473.68
|
|
November 25, 2036
|
|
|
I-28-B
|
|
Variable (2)
|
|
|
$ 2,054,473.68
|
|
November 25, 2036
|
|
|
I-29-A
|
|
Variable (2)
|
|
|
$ 1,724,868.42
|
|
November 25, 2036
|
|
|
I-29-B
|
|
Variable (2)
|
|
|
$ 1,724,868.42
|
|
November 25, 2036
|
|
|
I-30-A
|
|
Variable (2)
|
|
|
$ 1,630,789.47
|
|
November 25, 2036
|
|
|
I-30-B
|
|
Variable (2)
|
|
|
$ 1,630,789.47
|
|
November 25, 2036
|
|
|
I-31-A
|
|
Variable (2)
|
|
|
$ 1,542,105.26
|
|
November 25, 2036
|
|
|
I-31-B
|
|
Variable (2)
|
|
|
$ 1,542,105.26
|
|
November 25, 2036
|
|
|
I-32-A
|
|
Variable (2)
|
|
|
$ 1,458,289.47
|
|
November 25, 2036
|
|
|
I-32-B
|
|
Variable (2)
|
|
|
$ 1,458,289.47
|
|
November 25, 2036
|
|
|
I-33-A
|
|
Variable (2)
|
|
|
$ 1,379,473.68
|
|
November 25, 2036
|
|
|
I-33-B
|
|
Variable (2)
|
|
|
$ 1,379,473.68
|
|
November 25, 2036
|
|
|
I-34-A
|
|
Variable (2)
|
|
|
$ 1,305,000.00
|
|
November 25, 2036
|
|
|
I-34-B
|
|
Variable (2)
|
|
|
$ 1,305,000.00
|
|
November 25, 2036
|
|
|
I-35-A
|
|
Variable (2)
|
|
|
$ 1,234,342.11
|
|
November 25, 2036
|
|
|
I-35-B
|
|
Variable (2)
|
|
|
$ 1,234,342.11
|
|
November 25, 2036
|
|
|
I-36-A
|
|
Variable (2)
|
|
|
$ 1,168,026.32
|
|
November 25, 2036
|
|
|
I-36-B
|
|
Variable (2)
|
|
|
$ 1,168,026.32
|
|
November 25, 2036
|
|
|
I-37-A
|
|
Variable (2)
|
|
|
$ 1,105,263.16
|
|
November 25, 2036
|
|
|
I-37-B
|
|
Variable (2)
|
|
|
$ 1,105,263.16
|
|
November 25, 2036
|
|
|
I-38-A
|
|
Variable (2)
|
|
|
$ 1,046,184.21
|
|
November 25, 2036
|
|
|
I-38-B
|
|
Variable (2)
|
|
|
$ 1,046,184.21
|
|
November 25, 2036
|
|
|
I-39-A
|
|
Variable (2)
|
|
|
$
990,394.74
|
|
November 25, 2036
|
|
|
I-39-B
|
|
Variable (2)
|
|
|
$
990,394.74
|
|
November 25, 2036
|
|
|
I-40-A
|
|
Variable (2)
|
|
|
$
937,763.16
|
|
November 25, 2036
|
|
|
I-40-B
|
|
Variable (2)
|
|
|
$
937,763.16
|
|
November 25, 2036
|
|
|
I-41-A
|
|
Variable (2)
|
|
|
$
887,894.74
|
|
November 25, 2036
|
|
|
I-41-B
|
|
Variable (2)
|
|
|
$
887,894.74
|
|
November 25, 2036
|
|
|
I-42-A
|
|
Variable (2)
|
|
|
$
840,789.47
|
|
November 25, 2036
|
|
|
I-42-B
|
|
Variable (2)
|
|
|
$
840,789.47
|
|
November 25, 2036
|
|
|
I-43-A
|
|
Variable (2)
|
|
|
$
796,447.37
|
|
November 25, 2036
|
|
|
I-43-B
|
|
Variable (2)
|
|
|
$
796,447.37
|
|
November 25, 2036
|
|
|
I-44-A
|
|
Variable (2)
|
|
|
$
754,473.68
|
|
November 25, 2036
|
|
|
I-44-B
|
|
Variable (2)
|
|
|
$
754,473.68
|
|
November 25, 2036
|
|
|
I-45-A
|
|
Variable (2)
|
|
|
$
715,000.00
|
|
November 25, 2036
|
|
|
I-45-B
|
|
Variable (2)
|
|
|
$
715,000.00
|
|
November 25, 2036
|
|
|
I-46-A
|
|
Variable (2)
|
|
|
$
677,500.00
|
|
November 25, 2036
|
|
|
I-46-B
|
|
Variable (2)
|
|
|
$
677,500.00
|
|
November 25, 2036
|
|
|
I-47-A
|
|
Variable (2)
|
|
|
$
642,105.26
|
|
November 25, 2036
|
|
|
I-47-B
|
|
Variable (2)
|
|
|
$
642,105.26
|
|
November 25, 2036
|
|
|
I-48-A
|
|
Variable (2)
|
|
|
$
608,684.21
|
|
November 25, 2036
|
|
|
I-48-B
|
|
Variable (2)
|
|
|
$
608,684.21
|
|
November 25, 2036
|
|
|
I-49-A
|
|
Variable (2)
|
|
|
$
577,105.26
|
|
November 25, 2036
|
|
|
I-49-B
|
|
Variable (2)
|
|
|
$
577,105.26
|
|
November 25, 2036
|
|
|
I-50-A
|
|
Variable (2)
|
|
|
$
547,105.26
|
|
November 25, 2036
|
|
|
I-50-B
|
|
Variable (2)
|
|
|
$
547,105.26
|
|
November 25, 2036
|
|
|
I-51-A
|
|
Variable (2)
|
|
|
$
518,947.37
|
|
November 25, 2036
|
|
|
I-51-B
|
|
Variable (2)
|
|
|
$
518,947.37
|
|
November 25, 2036
|
|
|
I-52-A
|
|
Variable (2)
|
|
|
$
492,368.42
|
|
November 25, 2036
|
|
|
I-52-B
|
|
Variable (2)
|
|
|
$
492,368.42
|
|
November 25, 2036
|
|
|
I-53-A
|
|
Variable (2)
|
|
|
$
466,973.68
|
|
November 25, 2036
|
|
|
I-53-B
|
|
Variable (2)
|
|
|
$
466,973.68
|
|
November 25, 2036
|
|
|
I-54-A
|
|
Variable (2)
|
|
|
$
443,026.32
|
|
November 25, 2036
|
|
|
I-54-B
|
|
Variable (2)
|
|
|
$
443,026.32
|
|
November 25, 2036
|
|
|
I-55-A
|
|
Variable (2)
|
|
|
$
420,526.32
|
|
November 25, 2036
|
|
|
I-55-B
|
|
Variable (2)
|
|
|
$
420,526.32
|
|
November 25, 2036
|
|
|
I-56-A
|
|
Variable (2)
|
|
|
$
399,078.95
|
|
November 25, 2036
|
|
|
I-56-B
|
|
Variable (2)
|
|
|
$
399,078.95
|
|
November 25, 2036
|
|
|
I-57-A
|
|
Variable (2)
|
|
|
$
378,947.37
|
|
November 25, 2036
|
|
|
I-57-B
|
|
Variable (2)
|
|
|
$
378,947.37
|
|
November 25, 2036
|
|
|
I-58-A
|
|
Variable (2)
|
|
|
$
359,736.84
|
|
November 25, 2036
|
|
|
I-58-B
|
|
Variable (2)
|
|
|
$
359,736.84
|
|
November 25, 2036
|
|
|
I-59-A
|
|
Variable (2)
|
|
|
$
341,578.95
|
|
November 25, 2036
|
|
|
I-59-B
|
|
Variable (2)
|
|
|
$
341,578.95
|
|
November 25, 2036
|
|
|
I-60-A
|
|
Variable (2)
|
|
|
$ 6,913,421.05
|
|
November 25, 2036
|
|
|
I-60-B
|
|
Variable (2)
|
|
|
$ 6,913,421.05
|
|
November 25, 2036
|
|
|
II-1-A
|
|
Variable (2)
|
|
|
$ 2,518,157.89
|
|
November 25, 2036
|
|
|
II-1-B
|
|
Variable (2)
|
|
|
$ 2,518,157.89
|
|
November 25, 2036
|
|
|
II-2-A
|
|
Variable (2)
|
|
|
$ 3,652,526.32
|
|
November 25, 2036
|
|
|
II-2-B
|
|
Variable (2)
|
|
|
$ 3,652,526.32
|
|
November 25, 2036
|
|
|
II-3-A
|
|
Variable (2)
|
|
|
$ 4,770,684.21
|
|
November 25, 2036
|
|
|
II-3-B
|
|
Variable (2)
|
|
|
$ 4,770,684.21
|
|
November 25, 2036
|
|
|
II-4-A
|
|
Variable (2)
|
|
|
$ 5,890,315.79
|
|
November 25, 2036
|
|
|
II-4-B
|
|
Variable (2)
|
|
|
$ 5,890,315.79
|
|
November 25, 2036
|
|
|
II-5-A
|
|
Variable (2)
|
|
|
$ 7,000,368.42
|
|
November 25, 2036
|
|
|
II-5-B
|
|
Variable (2)
|
|
|
$ 7,000,368.42
|
|
November 25, 2036
|
|
|
II-6-A
|
|
Variable (2)
|
|
|
$ 8,090,894.74
|
|
November 25, 2036
|
|
|
II-6-B
|
|
Variable (2)
|
|
|
$ 8,090,894.74
|
|
November 25, 2036
|
|
|
II-7-A
|
|
Variable (2)
|
|
|
$ 9,151,947.37
|
|
November 25, 2036
|
|
|
II-7-B
|
|
Variable (2)
|
|
|
$ 9,151,947.37
|
|
November 25, 2036
|
|
|
II-8-A
|
|
Variable (2)
|
|
|
$10,156,263.16
|
|
November 25, 2036
|
|
|
II-8-B
|
|
Variable (2)
|
|
|
$10,156,263.16
|
|
November 25, 2036
|
|
|
II-9-A
|
|
Variable (2)
|
|
|
$11,103,105.26
|
|
November 25, 2036
|
|
|
II-9-B
|
|
Variable (2)
|
|
|
$11,103,105.26
|
|
November 25, 2036
|
|
|
II-10-A
|
|
Variable (2)
|
|
|
$11,824,473.68
|
|
November 25, 2036
|
|
|
II-10-B
|
|
Variable (2)
|
|
|
$11,824,473.68
|
|
November 25, 2036
|
|
|
II-11-A
|
|
Variable (2)
|
|
|
$12,198,421.05
|
|
November 25, 2036
|
|
|
II-11-B
|
|
Variable (2)
|
|
|
$12,198,421.05
|
|
November 25, 2036
|
|
|
II-12-A
|
|
Variable (2)
|
|
|
$11,889,315.79
|
|
November 25, 2036
|
|
|
II-12-B
|
|
Variable (2)
|
|
|
$11,889,315.79
|
|
November 25, 2036
|
|
|
II-13-A
|
|
Variable (2)
|
|
|
$11,556,263.16
|
|
November 25, 2036
|
|
|
II-13-B
|
|
Variable (2)
|
|
|
$11,556,263.16
|
|
November 25, 2036
|
|
|
II-14-A
|
|
Variable (2)
|
|
|
$11,018,000.00
|
|
November 25, 2036
|
|
|
II-14-B
|
|
Variable (2)
|
|
|
$11,018,000.00
|
|
November 25, 2036
|
|
|
II-15-A
|
|
Variable (2)
|
|
|
$10,509,578.95
|
|
November 25, 2036
|
|
|
II-15-B
|
|
Variable (2)
|
|
|
$10,509,578.95
|
|
November 25, 2036
|
|
|
II-16-A
|
|
Variable (2)
|
|
|
$10,019,947.37
|
|
November 25, 2036
|
|
|
II-16-B
|
|
Variable (2)
|
|
|
$10,019,947.37
|
|
November 25, 2036
|
|
|
II-17-A
|
|
Variable (2)
|
|
|
$ 9,551,315.79
|
|
November 25, 2036
|
|
|
II-17-B
|
|
Variable (2)
|
|
|
$ 9,551,315.79
|
|
November 25, 2036
|
|
|
II-18-A
|
|
Variable (2)
|
|
|
$ 9,199,842.11
|
|
November 25, 2036
|
|
|
II-18-B
|
|
Variable (2)
|
|
|
$ 9,199,842.11
|
|
November 25, 2036
|
|
|
II-19-A
|
|
Variable (2)
|
|
|
$ 8,804,894.74
|
|
November 25, 2036
|
|
|
II-19-B
|
|
Variable (2)
|
|
|
$ 8,804,894.74
|
|
November 25, 2036
|
|
|
II-20-A
|
|
Variable (2)
|
|
|
$ 9,421,263.16
|
|
November 25, 2036
|
|
|
II-20-B
|
|
Variable (2)
|
|
|
$ 9,421,263.16
|
|
November 25, 2036
|
|
|
II-21-A
|
|
Variable (2)
|
|
|
$10,322,789.47
|
|
November 25, 2036
|
|
|
II-21-B
|
|
Variable (2)
|
|
|
$10,322,789.47
|
|
November 25, 2036
|
|
|
II-22-A
|
|
Variable (2)
|
|
|
$13,117,263.16
|
|
November 25, 2036
|
|
|
II-22-B
|
|
Variable (2)
|
|
|
$13,117,263.16
|
|
November 25, 2036
|
|
|
II-23-A
|
|
Variable (2)
|
|
|
$11,985,842.11
|
|
November 25, 2036
|
|
|
II-23-B
|
|
Variable (2)
|
|
|
$11,985,842.11
|
|
November 25, 2036
|
|
|
II-24-A
|
|
Variable (2)
|
|
|
$12,002,789.47
|
|
November 25, 2036
|
|
|
II-24-B
|
|
Variable (2)
|
|
|
$12,002,789.47
|
|
November 25, 2036
|
|
|
II-25-A
|
|
Variable (2)
|
|
|
$10,322,789.47
|
|
November 25, 2036
|
|
|
II-25-B
|
|
Variable (2)
|
|
|
$10,322,789.47
|
|
November 25, 2036
|
|
|
II-26-A
|
|
Variable (2)
|
|
|
$ 8,654,947.37
|
|
November 25, 2036
|
|
|
II-26-B
|
|
Variable (2)
|
|
|
$ 8,654,947.37
|
|
November 25, 2036
|
|
|
II-27-A
|
|
Variable (2)
|
|
|
$ 6,261,684.21
|
|
November 25, 2036
|
|
|
II-27-B
|
|
Variable (2)
|
|
|
$ 6,261,684.21
|
|
November 25, 2036
|
|
|
II-28-A
|
|
Variable (2)
|
|
|
$ 5,752,526.32
|
|
November 25, 2036
|
|
|
II-28-B
|
|
Variable (2)
|
|
|
$ 5,752,526.32
|
|
November 25, 2036
|
|
|
II-29-A
|
|
Variable (2)
|
|
|
$ 4,829,631.58
|
|
November 25, 2036
|
|
|
II-29-B
|
|
Variable (2)
|
|
|
$ 4,829,631.58
|
|
November 25, 2036
|
|
|
II-30-A
|
|
Variable (2)
|
|
|
$ 4,566,210.53
|
|
November 25, 2036
|
|
|
II-30-B
|
|
Variable (2)
|
|
|
$ 4,566,210.53
|
|
November 25, 2036
|
|
|
II-31-A
|
|
Variable (2)
|
|
|
$ 4,317,894.74
|
|
November 25, 2036
|
|
|
II-31-B
|
|
Variable (2)
|
|
|
$ 4,317,894.74
|
|
November 25, 2036
|
|
|
II-32-A
|
|
Variable (2)
|
|
|
$ 4,083,210.53
|
|
November 25, 2036
|
|
|
II-32-B
|
|
Variable (2)
|
|
|
$ 4,083,210.53
|
|
November 25, 2036
|
|
|
II-33-A
|
|
Variable (2)
|
|
|
$ 3,862,526.32
|
|
November 25, 2036
|
|
|
II-33-B
|
|
Variable (2)
|
|
|
$ 3,862,526.32
|
|
November 25, 2036
|
|
|
II-34-A
|
|
Variable (2)
|
|
|
$ 3,654,000.00
|
|
November 25, 2036
|
|
|
II-34-B
|
|
Variable (2)
|
|
|
$ 3,654,000.00
|
|
November 25, 2036
|
|
|
II-35-A
|
|
Variable (2)
|
|
|
$ 3,456,157.89
|
|
November 25, 2036
|
|
|
II-35-B
|
|
Variable (2)
|
|
|
$ 3,456,157.89
|
|
November 25, 2036
|
|
|
II-36-A
|
|
Variable (2)
|
|
|
$ 3,270,473.68
|
|
November 25, 2036
|
|
|
II-36-B
|
|
Variable (2)
|
|
|
$ 3,270,473.68
|
|
November 25, 2036
|
|
|
II-37-A
|
|
Variable (2)
|
|
|
$ 3,094,736.84
|
|
November 25, 2036
|
|
|
II-37-B
|
|
Variable (2)
|
|
|
$ 3,094,736.84
|
|
November 25, 2036
|
|
|
II-38-A
|
|
Variable (2)
|
|
|
$ 2,929,315.79
|
|
November 25, 2036
|
|
|
II-38-B
|
|
Variable (2)
|
|
|
$ 2,929,315.79
|
|
November 25, 2036
|
|
|
II-39-A
|
|
Variable (2)
|
|
|
$ 2,773,105.26
|
|
November 25, 2036
|
|
|
II-39-B
|
|
Variable (2)
|
|
|
$ 2,773,105.26
|
|
November 25, 2036
|
|
|
II-40-A
|
|
Variable (2)
|
|
|
$ 2,625,736.84
|
|
November 25, 2036
|
|
|
II-40-B
|
|
Variable (2)
|
|
|
$ 2,625,736.84
|
|
November 25, 2036
|
|
|
II-41-A
|
|
Variable (2)
|
|
|
$ 2,486,105.26
|
|
November 25, 2036
|
|
|
II-41-B
|
|
Variable (2)
|
|
|
$ 2,486,105.26
|
|
November 25, 2036
|
|
|
II-42-A
|
|
Variable (2)
|
|
|
$ 2,354,210.53
|
|
November 25, 2036
|
|
|
II-42-B
|
|
Variable (2)
|
|
|
$ 2,354,210.53
|
|
November 25, 2036
|
|
|
II-43-A
|
|
Variable (2)
|
|
|
$ 2,230,052.63
|
|
November 25, 2036
|
|
|
II-43-B
|
|
Variable (2)
|
|
|
$ 2,230,052.63
|
|
November 25, 2036
|
|
|
II-44-A
|
|
Variable (2)
|
|
|
$ 2,112,526.32
|
|
November 25, 2036
|
|
|
II-44-B
|
|
Variable (2)
|
|
|
$ 2,112,526.32
|
|
November 25, 2036
|
|
|
II-45-A
|
|
Variable (2)
|
|
|
$ 2,002,000.00
|
|
November 25, 2036
|
|
|
II-45-B
|
|
Variable (2)
|
|
|
$ 2,002,000.00
|
|
November 25, 2036
|
|
|
II-46-A
|
|
Variable (2)
|
|
|
$ 1,897,000.00
|
|
November 25, 2036
|
|
|
II-46-B
|
|
Variable (2)
|
|
|
$ 1,897,000.00
|
|
November 25, 2036
|
|
|
II-47-A
|
|
Variable (2)
|
|
|
$ 1,797,894.74
|
|
November 25, 2036
|
|
|
II-47-B
|
|
Variable (2)
|
|
|
$ 1,797,894.74
|
|
November 25, 2036
|
|
|
II-48-A
|
|
Variable (2)
|
|
|
$ 1,704,315.79
|
|
November 25, 2036
|
|
|
II-48-B
|
|
Variable (2)
|
|
|
$ 1,704,315.79
|
|
November 25, 2036
|
|
|
II-49-A
|
|
Variable (2)
|
|
|
$ 1,615,894.74
|
|
November 25, 2036
|
|
|
II-49-B
|
|
Variable (2)
|
|
|
$ 1,615,894.74
|
|
November 25, 2036
|
|
|
II-50-A
|
|
Variable (2)
|
|
|
$ 1,531,894.74
|
|
November 25, 2036
|
|
|
II-50-B
|
|
Variable (2)
|
|
|
$ 1,531,894.74
|
|
November 25, 2036
|
|
|
II-51-A
|
|
Variable (2)
|
|
|
$ 1,453,052.63
|
|
November 25, 2036
|
|
|
II-51-B
|
|
Variable (2)
|
|
|
$ 1,453,052.63
|
|
November 25, 2036
|
|
|
II-52-A
|
|
Variable (2)
|
|
|
$ 1,378,631.58
|
|
November 25, 2036
|
|
|
II-52-B
|
|
Variable (2)
|
|
|
$ 1,378,631.58
|
|
November 25, 2036
|
|
|
II-53-A
|
|
Variable (2)
|
|
|
$ 1,307,526.32
|
|
November 25, 2036
|
|
|
II-53-B
|
|
Variable (2)
|
|
|
$ 1,307,526.32
|
|
November 25, 2036
|
|
|
II-54-A
|
|
Variable (2)
|
|
|
$ 1,240,473.68
|
|
November 25, 2036
|
|
|
II-54-B
|
|
Variable (2)
|
|
|
$ 1,240,473.68
|
|
November 25, 2036
|
|
|
II-55-A
|
|
Variable (2)
|
|
|
$ 1,177,473.68
|
|
November 25, 2036
|
|
|
II-55-B
|
|
Variable (2)
|
|
|
$ 1,177,473.68
|
|
November 25, 2036
|
|
|
II-56-A
|
|
Variable (2)
|
|
|
$ 1,117,421.05
|
|
November 25, 2036
|
|
|
II-56-B
|
|
Variable (2)
|
|
|
$ 1,117,421.05
|
|
November 25, 2036
|
|
|
II-57-A
|
|
Variable (2)
|
|
|
$ 1,061,052.63
|
|
November 25, 2036
|
|
|
II-57-B
|
|
Variable (2)
|
|
|
$ 1,061,052.63
|
|
November 25, 2036
|
|
|
II-58-A
|
|
Variable (2)
|
|
|
$ 1,007,263.16
|
|
November 25, 2036
|
|
|
II-58-B
|
|
Variable (2)
|
|
|
$ 1,007,263.16
|
|
November 25, 2036
|
|
|
II-59-A
|
|
Variable (2)
|
|
|
$
956,421.05
|
|
November 25, 2036
|
|
|
II-59-B
|
|
Variable (2)
|
|
|
$
956,421.05
|
|
November 25, 2036
|
|
|
II-60-A
|
|
Variable (2)
|
|
|
$19,357,578.95
|
|
November 25, 2036
|
|
|
II-60-B
|
|
Variable (2)
|
|
|
$19,357,578.95
|
|
November 25, 2036
|
|
________________
|
(1)
|
For purposes of
Treasury Regulation Section 1.860G-1(a)(4)(iii).
|
|
(2)
|
Calculated in
accordance with the definition of REMIC II Remittance Rate
herein.
|
REMIC III
As provided herein, the Trustee will elect to
treat the segregated pool of assets consisting of the REMIC II
Regular Interests as a REMIC for federal income tax purposes, and
such segregated pool of assets will be designated as REMIC III. The
Class R-III Interest will evidence the sole class of residual
interests in REMIC III for purposes of the REMIC Provisions. The
following table irrevocably sets forth the designation, the REMIC
III Remittance Rate, the initial Uncertificated Balance and, for
purposes of satisfying Treasury Regulation Section
1.860G-1(a)(4)(iii), the latest possible maturity date for each of
the REMIC III Regular Interests (as defined herein). None of the
REMIC III Regular Interests will be certificated.
________________
|
(1)
|
For purposes of
Treasury Regulation Section 1.860G-1(a)(4)(iii).
|
|
(2)
|
Calculated in
accordance with the definition of REMIC III Remittance Rate
herein.
|
|
|
REMIC III
Regular Interest LTIO will not have a Certificate Balance, but will
accrue interest on its Uncertificated Notional Amount, as defined
herein.
|
REMIC IV
As provided herein, the Trustee will elect to
treat the segregated pool of assets consisting of the REMIC III
Regular Interests as a REMIC for federal income tax purposes, and
such segregated pool of assets will be designated as REMIC IV. The
Class R-IV Interest will evidence the sole class of residual
interests in REMIC IV for purposes of the REMIC Provisions. The
following table irrevocably sets forth the designation, the
Pass-Through Rate, the initial aggregate Certificate Balance and,
for purposes of satisfying Treasury Regulation Section
1.860G-1(a)(4)(iii), the latest possible maturity date for the
indicated Classes of Certificates. The Class IO Interest shall
represent an uncertificated regular interest in REMIC
IV.
Each of the Group I Certificates, Group II
Certificates and Subordinated Certificates generally represents
ownership of a regular interest in REMIC IV and also represents (i)
the right to receive payments with respect to the Net WAC Cap Carry
Forward Amount and (ii) the obligation to pay the Class IO
Distribution Amount (as defined herein). The entitlement to
principal of each REMIC IV Regular Interest ownership of which is
represented by a regular interest which corresponds to each
Certificate shall be equal in amount and timing to the entitlement
to principal of such Certificate.
|
