POOLING AND SERVICING AGREEMENT

Pooling and Servicing Agreement

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This Pooling and Servicing Agreement involves

ACE SECURITIES CORP. HOME EQUITY LOAN TRUST, SERIES 2006-NC2 | COUNTRYWIDE HOME LOANS SERVICING LP | WELLS FARGO BANK, N.A. | HSBC BANK USA, NATIONAL ASSOCIATION

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Title: POOLING AND SERVICING AGREEMENT
Governing Law: New York Date: 10/27/2006

ACE SECURITIES CORP.

Depositor

COUNTRYWIDE HOME LOANS SERVICING LP

Servicer

WELLS FARGO BANK, N.A.

Master Servicer and Securities Administrator

HSBC BANK USA, NATIONAL ASSOCIATION

Trustee

POOLING AND SERVICING AGREEMENT

Dated as of September 1, 2006

ACE Securities Corp. Home Equity Loan Trust, Series 2006-NC2

Asset Backed Pass-Through Certificates

TABLE OF CONTENTS

ARTICLE I	DEFINITIONS	10
SECTION 1.01.	Defined Terms.	10
SECTION 1.02.	Allocation of Certain Interest Shortfalls.	90
ARTICLE II	CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES	92
SECTION 2.01.	Conveyance of the Mortgage Loans.	92
SECTION 2.02.	Acceptance of REMIC I by Trustee.	93
SECTION 2.03.	Repurchase or Substitution of Mortgage Loans.	93
SECTION 2.04.	Representations and Warranties of the Master Servicer.	96
SECTION 2.05.	Representations, Warranties and Covenants of the Servicer.	98
SECTION 2.06.	Issuance of the REMIC I Regular Interests and the Class R-I Interest.	100
SECTION 2.07.	Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II and REMIC III by the Trustee.	100
SECTION 2.08.	Issuance of the Residual Certificates.	101
SECTION 2.09.	Establishment of the Trust.	101
SECTION 2.10.	Purpose and Powers of the Trust.	101
SECTION 2.11.	Representations and Warranties of the Trustee.	102
ARTICLE III	ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS; ACCOUNTS	103
SECTION 3.01.	The Servicer to Act as Servicer.	103
SECTION 3.02.	Sub-Servicing Agreements Between the Servicer and Sub-Servicers.	106
SECTION 3.03.	Successor Sub-Servicers.	107
SECTION 3.04.	No Contractual Relationship Between Sub-Servicer, Subcontractor, Master Servicer, Trustee or the Certificateholders.	107
SECTION 3.05.	Assumption or Termination of Sub-Servicing Agreement by Successor Servicer.	108
SECTION 3.06.	Collection of Certain Mortgage Loan Payments.	108
SECTION 3.07.	Collection of Taxes, Assessments and Similar Items; Servicing Accounts.	109
SECTION 3.08.	Collection Account and Distribution Account.	110
SECTION 3.09.	Withdrawals from the Collection Account and Distribution Account.	112
SECTION 3.10.	Investment of Funds in the Investment Accounts.	115
SECTION 3.11.	Maintenance of Hazard Insurance, Errors and Omissions and Fidelity Coverage and Primary Mortgage Insurance.	116
SECTION 3.12.	Enforcement of Due-on-Sale Clauses; Assumption Agreements.	119
SECTION 3.13.	Realization Upon Defaulted Mortgage Loans.	120
SECTION 3.14.	Trustee to Cooperate; Release of Mortgage Files.	122
SECTION 3.15.	Servicing Compensation.	123
SECTION 3.16.	Collection Account Statements.	123
SECTION 3.17.	Annual Statement as to Compliance.	124

SECTION 3.18.	Assessments of Compliance and Attestation Reports.	124
SECTION 3.19.	Annual Certification; Indemnification and Remedies; Additional Information.	125
SECTION 3.20.	Access to Certain Documentation.	129
SECTION 3.21.	Title, Management and Disposition of REO Property.	130
SECTION 3.22.	Obligations of the Servicer in Respect of Prepayment Interest Shortfalls; Relief Act Interest Shortfalls.	133
SECTION 3.23.	Obligations of the Servicer in Respect of Mortgage Rates and Monthly Payments.	133
SECTION 3.24.	Reserve Fund.	133
SECTION 3.25.	Advance Facility.	135
SECTION 3.26.	Indemnification.	137
SECTION 3.27.	Additional Representations and Warranties.	137
ARTICLE IV	ADMINISTRATION AND MASTER SERVICING OF THE MORTGAGE LOANS BY THE MASTER SERVICER	139
SECTION 4.01.	Master Servicer.	139
SECTION 4.02.	REMIC-Related Covenants.	140
SECTION 4.03.	Monitoring of Servicer.	140
SECTION 4.04.	Fidelity Bond.	141
SECTION 4.05.	Power to Act; Procedures.	141
SECTION 4.06.	Due-on-Sale Clauses; Assumption Agreements.	142
SECTION 4.07.	Documents, Records and Funds in Possession of Master Servicer To Be Held for Trustee.	142
SECTION 4.08.	Standard Hazard Insurance and Flood Insurance Policies.	143
SECTION 4.09.	Presentment of Claims and Collection of Proceeds.	143
SECTION 4.10.	Maintenance of Primary Mortgage Insurance Policies.	143
SECTION 4.11.	Trustee to Retain Possession of Certain Insurance Policies and Documents.	144
SECTION 4.12.	Realization Upon Defaulted Mortgage Loans.	144
SECTION 4.13.	Compensation for the Master Servicer.	144
SECTION 4.14.	REO Property.	145
SECTION 4.15.	Master Servicer Annual Statement of Compliance.	145
SECTION 4.16.	Master Servicer Assessments of Compliance.	146
SECTION 4.17.	Master Servicer Attestation Reports.	147
SECTION 4.18.	Annual Certification.	148
SECTION 4.19.	Obligation of the Master Servicer in Respect of Prepayment Interest Shortfalls.	149
SECTION 4.20.	Prepayment Penalty Verification.	149
ARTICLE V	PAYMENTS TO CERTIFICATEHOLDERS	151
SECTION 5.01.	Distributions.	151
SECTION 5.02.	Statements to Certificateholders.	165
SECTION 5.03.	Servicer Reports; P&I Advances.	169
SECTION 5.04.	Allocation of Realized Losses.	171
SECTION 5.05.	Compliance with Withholding Requirements.	174

SECTION 5.06.	Reports Filed with Securities and Exchange Commission.	174
SECTION 5.07.	Supplemental Interest Trust.	179
SECTION 5.08.	Tax Treatment of Swap Payments and Swap Termination Payments.	181
ARTICLE VI	THE CERTIFICATES	182
SECTION 6.01.	The Certificates.	182
SECTION 6.02.	Registration of Transfer and Exchange of Certificates.	184
SECTION 6.03.	Mutilated, Destroyed, Lost or Stolen Certificates.	190
SECTION 6.04.	Persons Deemed Owners.	190
SECTION 6.05.	Certain Available Information.	190
ARTICLE VII	THE DEPOSITOR, THE SERVICER AND THE MASTER SERVICER	192
SECTION 7.01.	Liability of the Depositor, the Servicer and the Master Servicer.	192
SECTION 7.02.	Merger or Consolidation of the Depositor, the Servicer or the Master Servicer.	192
SECTION 7.03.	Limitation on Liability of the Depositor, the Servicer, the Master Servicer and Others.	192
SECTION 7.04.	Limitation on Resignation of the Servicer.	193
SECTION 7.05.	Limitation on Resignation of the Master Servicer.	195
SECTION 7.06.	Assignment of Master Servicing.	195
SECTION 7.07.	Rights of the Depositor in Respect of the Servicer and the Master Servicer.	196
SECTION 7.08.	Duties of the Credit Risk Manager.	197
SECTION 7.09.	Limitation Upon Liability of the Credit Risk Manager.	197
SECTION 7.10.	Removal of the Credit Risk Manager.	197
ARTICLE VIII	DEFAULT	198
SECTION 8.01.	Servicer Events of Default.	198
SECTION 8.02.	Master Servicer to Act; Appointment of Successor.	203
SECTION 8.03.	Notification to Certificateholders.	204
SECTION 8.04.	Waiver of Servicer Events of Default.	204
ARTICLE IX	CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR	206
SECTION 9.01.	Duties of Trustee and Securities Administrator.	206
SECTION 9.02.	Certain Matters Affecting Trustee and Securities Administrator.	207
SECTION 9.03.	Trustee and Securities Administrator not Liable for Certificates or Mortgage Loans.	209
SECTION 9.04.	Trustee and Securities Administrator May Own Certificates.	210
SECTION 9.05.	Fees and Expenses of Trustee, Custodian and Securities Administrator.	210
SECTION 9.06.	Eligibility Requirements for Trustee and Securities Administrator.	211
SECTION 9.07.	Resignation and Removal of Trustee and Securities Administrator.	211
SECTION 9.08.	Successor Trustee or Securities Administrator.	213
SECTION 9.09.	Merger or Consolidation of Trustee or Securities Administrator.	213
SECTION 9.10.	Appointment of Co-Trustee or Separate Trustee.	214

iii

SECTION 9.11.	Appointment of Office or Agency.	214
SECTION 9.12.	Representations and Warranties.	215
ARTICLE X	TERMINATION	216
SECTION 10.01.	Termination Upon Repurchase or Liquidation of All Mortgage Loans.	216
SECTION 10.02.	Additional Termination Requirements.	218
ARTICLE XI	REMIC PROVISIONS	219
SECTION 11.01.	REMIC Administration.	219
SECTION 11.02.	Prohibited Transactions and Activities.	221
SECTION 11.03.	Indemnification.	222
ARTICLE XII	MISCELLANEOUS PROVISIONS	223
SECTION 12.01.	Amendment.	223
SECTION 12.02.	Recordation of Agreement; Counterparts.	224
SECTION 12.03.	Limitation on Rights of Certificateholders.	224
SECTION 12.04.	Governing Law.	225
SECTION 12.05.	Notices.	225
SECTION 12.06.	Severability of Provisions.	226
SECTION 12.07.	Notice to Rating Agencies.	226
SECTION 12.08.	Article and Section References.	227
SECTION 12.09.	Grant of Security Interest.	227
SECTION 12.10.	Survival of Indemnification.	228
SECTION 12.11.	Intention of the Parties and Interpretation.	228
SECTION 12.12.	Indemnification.	229

Exhibits

Exhibit A-1	Form of Class A Certificate
Exhibit A-2	Form of Class M-[1][2][3][4][5][6][7][8][9] Certificate
Exhibit A-3	Form of Class M-[10][11] Certificate
Exhibit A-4	Form of Class CE Certificate
Exhibit A-5	Form of Class P Certificate
Exhibit A-6	Form of Class R Certificate
Exhibit B-1	Form of Transferor Representation Letter and Form of Transferee Representation Letter in Connection with Transfer of the Class M-10 Certificates, Class M-11 Certificates, Class P Certificates, Class CE Certificates and Residual Certificates Pursuant to Rule 144A Under the Securities Act
Exhibit B-2	Form of Transferor Representation Letter and Form of Transferee Representation Letter in Connection with Transfer of the Class M-10 Certificates, Class M-11 Certificates, Class P Certificates, Class CE Certificates and Residual Certificates Pursuant to Rule 501(a) Under the Securities Act
Exhibit B-3	Form of Transfer Affidavit and Agreement and Form of Transferor Affidavit in Connection with Transfer of Residual Certificates
Exhibit C	Form of Back-Up Certification
Exhibit D	Form of Power of Attorney
Exhibit E	Servicing Criteria
Exhibit F	Mortgage Loan Purchase Agreement
Exhibit G	Form 10-D, Form 8-K and Form 10-K Reporting Responsibility
Exhibit H	Additional Disclosure Notification
Exhibit I	Swap Agreement
Exhibit J	Cap Contracts

Schedule 1	Mortgage Loan Schedule
Schedule 2	Prepayment Charge Schedule
Schedule 3	Reserved
Schedule 4	Standard File Layout - Delinquency Reporting and Realized Losses and Gains
Schedule 5	Standard File Layout - Master Servicing
Schedule 6	Data Requirements of Servicing Advances Incurred Prior to Cut-off Date

This Pooling and Servicing Agreement, is dated and effective as of September 1, 2006, among ACE SECURITIES CORP., as Depositor, COUNTRYWIDE HOME LOANS SERVICING LP, as Servicer, WELLS FARGO BANK, N.A., Master Servicer and Securities Administrator and HSBC BANK USA, NATIONAL ASSOCIATION, as Trustee.

PRELIMINARY STATEMENT:

The Depositor intends to sell pass-through certificates to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest of the Trust Fund created hereunder. The Trust Fund will consist of a segregated pool of assets comprised of the Mortgage Loans and certain other related assets subject to this Agreement.

REMIC I

As provided herein, the Securities Administrator will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets subject to this Agreement (other than the Reserve Fund and, for the avoidance of doubt, the Supplemental Interest Trust, the Cap Contracts and the Swap 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	Variable ⁽²⁾		$47,320,741.43	July 25, 2036
I-1-A	Variable ⁽²⁾		$ 6,370,662.95	July 25, 2036
I-1-B	Variable ⁽²⁾		$ 6,370,662.95	July 25, 2036
I-2-A	Variable ⁽²⁾		$ 6,792,855.07	July 25, 2036
I-2-B	Variable ⁽²⁾		$ 6,792,855.07	July 25, 2036
I-3-A	Variable ⁽²⁾		$ 7,004,658.57	July 25, 2036
I-3-B	Variable ⁽²⁾		$ 7,004,658.57	July 25, 2036
I-4-A	Variable ⁽²⁾		$ 6,713,964.35	July 25, 2036
I-4-B	Variable ⁽²⁾		$ 6,713,964.35	July 25, 2036
I-5-A	Variable ⁽²⁾		$ 6,435,369.47	July 25, 2036
I-5-B	Variable ⁽²⁾		$ 6,435,369.47	July 25, 2036
I-6-A	Variable ⁽²⁾		$ 6,168,368.22	July 25, 2036
I-6-B	Variable ⁽²⁾		$ 6,168,368.22	July 25, 2036
I-7-A	Variable ⁽²⁾		$ 5,912,477.47	July 25, 2036
I-7-B	Variable ⁽²⁾		$ 5,912,477.47	July 25, 2036
I-8-A	Variable ⁽²⁾		$ 5,667,233.67	July 25, 2036
I-8-B	Variable ⁽²⁾		$ 5,667,233.67	July 25, 2036
I-9-A	Variable ⁽²⁾		$ 5,432,192.35	July 25, 2036
I-9-B	Variable ⁽²⁾		$ 5,432,192.35	July 25, 2036
I-10-A	Variable ⁽²⁾		$ 5,206,928.17	July 25, 2036

Designation

REMIC I

Remittance Rate

Initial

Uncertificated Balance

Latest Possible

Maturity Date ⁽¹⁾

I-10-B	Variable ⁽²⁾	$ 5,206,928.17	July 25, 2036
I-11-A	Variable ⁽²⁾	$ 4,991,033.23	July 25, 2036
I-11-B	Variable ⁽²⁾	$ 4,991,033.23	July 25, 2036
I-12-A	Variable ⁽²⁾	$ 4,795,228.55	July 25, 2036
I-12-B	Variable ⁽²⁾	$ 4,795,228.55	July 25, 2036
I-13-A	Variable ⁽²⁾	$ 4,598,298.76	July 25, 2036
I-13-B	Variable ⁽²⁾	$ 4,598,298.76	July 25, 2036
I-14-A	Variable ⁽²⁾	$ 6,361,212.64	July 25, 2036
I-14-B	Variable ⁽²⁾	$ 6,361,212.64	July 25, 2036
I-15-A	Variable ⁽²⁾	$14,798,713.99	July 25, 2036
I-15-B	Variable ⁽²⁾	$14,798,713.99	July 25, 2036
I-16-A	Variable ⁽²⁾	$12,294,702.84	July 25, 2036
I-16-B	Variable ⁽²⁾	$12,294,702.84	July 25, 2036
I-17-A	Variable ⁽²⁾	$10,235,717.21	July 25, 2036
I-17-B	Variable ⁽²⁾	$10,235,717.21	July 25, 2036
I-18-A	Variable ⁽²⁾	$ 7,670,616.23	July 25, 2036
I-18-B	Variable ⁽²⁾	$ 7,670,616.23	July 25, 2036
I-19-A	Variable ⁽²⁾	$ 2,461,935.86	July 25, 2036
I-19-B	Variable ⁽²⁾	$ 2,461,935.86	July 25, 2036
I-20-A	Variable ⁽²⁾	$ 2,349,804.01	July 25, 2036
I-20-B	Variable ⁽²⁾	$ 2,349,804.01	July 25, 2036
I-21-A	Variable ⁽²⁾	$ 2,242,759.90	July 25, 2036
I-21-B	Variable ⁽²⁾	$ 2,242,759.90	July 25, 2036
I-22-A	Variable ⁽²⁾	$ 2,138,414.21	July 25, 2036
I-22-B	Variable ⁽²⁾	$ 2,138,414.21	July 25, 2036
I-23-A	Variable ⁽²⁾	$ 2,041,346.86	July 25, 2036
I-23-B	Variable ⁽²⁾	$ 2,041,346.86	July 25, 2036
I-24-A	Variable ⁽²⁾	$ 1,948,755.30	July 25, 2036
I-24-B	Variable ⁽²⁾	$ 1,948,755.30	July 25, 2036
I-25-A	Variable ⁽²⁾	$ 1,860,429.65	July 25, 2036
I-25-B	Variable ⁽²⁾	$ 1,860,429.65	July 25, 2036
I-26-A	Variable ⁽²⁾	$ 1,776,171.19	July 25, 2036
I-26-B	Variable ⁽²⁾	$ 1,776,171.19	July 25, 2036
I-27-A	Variable ⁽²⁾	$ 1,695,758.65	July 25, 2036
I-27-B	Variable ⁽²⁾	$ 1,695,758.65	July 25, 2036
I-28-A	Variable ⁽²⁾	$ 1,618,736.84	July 25, 2036
I-28-B	Variable ⁽²⁾	$ 1,618,736.84	July 25, 2036
I-29-A	Variable ⁽²⁾	$ 1,545,611.26	July 25, 2036
I-29-B	Variable ⁽²⁾	$ 1,545,611.26	July 25, 2036
I-30-A	Variable ⁽²⁾	$ 1,475,843.56	July 25, 2036
I-30-B	Variable ⁽²⁾	$ 1,475,843.56	July 25, 2036
I-31-A	Variable ⁽²⁾	$ 1,409,276.98	July 25, 2036
I-31-B	Variable ⁽²⁾	$ 1,409,276.98	July 25, 2036
I-32-A	Variable ⁽²⁾	$ 1,345,763.61	July 25, 2036
I-32-B	Variable ⁽²⁾	$ 1,345,763.61	July 25, 2036
I-33-A	Variable ⁽²⁾	$ 1,285,150.38	July 25, 2036

Designation

REMIC I

Remittance Rate

Initial

Uncertificated Balance

Latest Possible

Maturity Date ⁽¹⁾

I-33-B	Variable ⁽²⁾	$ 1,285,150.38	July 25, 2036
I-34-A	Variable ⁽²⁾	$ 1,227,288.23	July 25, 2036
I-34-B	Variable ⁽²⁾	$ 1,227,288.23	July 25, 2036
I-35-A	Variable ⁽²⁾	$ 1,172,111.22	July 25, 2036
I-35-B	Variable ⁽²⁾	$ 1,172,111.22	July 25, 2036
I-36-A	Variable ⁽²⁾	$ 1,119,457.69	July 25, 2036
I-36-B	Variable ⁽²⁾	$ 1,119,457.69	July 25, 2036
I-37-A	Variable ⁽²⁾	$ 1,069,210.48	July 25, 2036
I-37-B	Variable ⁽²⁾	$ 1,069,210.48	July 25, 2036
I-38-A	Variable ⁽²⁾	$ 1,021,257.77	July 25, 2036
I-38-B	Variable ⁽²⁾	$ 1,021,257.77	July 25, 2036
I-39-A	Variable ⁽²⁾	$ 975,490.31	July 25, 2036
I-39-B	Variable ⁽²⁾	$ 975,490.31	July 25, 2036
I-40-A	Variable ⁽²⁾	$ 932,664.40	July 25, 2036
I-40-B	Variable ⁽²⁾	$ 932,664.40	July 25, 2036
I-41-A	Variable ⁽²⁾	$ 891,718.65	July 25, 2036
I-41-B	Variable ⁽²⁾	$ 891,718.65	July 25, 2036
I-42-A	Variable ⁽²⁾	$ 852,570.48	July 25, 2036
I-42-B	Variable ⁽²⁾	$ 852,570.48	July 25, 2036
I-43-A	Variable ⁽²⁾	$ 815,140.99	July 25, 2036
I-43-B	Variable ⁽²⁾	$ 815,140.99	July 25, 2036
I-44-A	Variable ⁽²⁾	$ 779,354.74	July 25, 2036
I-44-B	Variable ⁽²⁾	$ 779,354.74	July 25, 2036
I-45-A	Variable ⁽²⁾	$ 745,139.56	July 25, 2036
I-45-B	Variable ⁽²⁾	$ 745,139.56	July 25, 2036
I-46-A	Variable ⁽²⁾	$ 712,426.50	July 25, 2036
I-46-B	Variable ⁽²⁾	$ 712,426.50	July 25, 2036
I-47-A	Variable ⁽²⁾	$ 681,149.61	July 25, 2036
I-47-B	Variable ⁽²⁾	$ 681,149.61	July 25, 2036
I-48-A	Variable ⁽²⁾	$ 651,245.83	July 25, 2036
I-48-B	Variable ⁽²⁾	$ 651,245.83	July 25, 2036
I-49-A	Variable ⁽²⁾	$ 622,654.88	July 25, 2036
I-49-B	Variable ⁽²⁾	$ 622,654.88	July 25, 2036
I-50-A	Variable ⁽²⁾	$ 595,319.14	July 25, 2036
I-50-B	Variable ⁽²⁾	$ 595,319.14	July 25, 2036
I-51-A	Variable ⁽²⁾	$ 569,183.48	July 25, 2036
I-51-B	Variable ⁽²⁾	$ 569,183.48	July 25, 2036
I-52-A	Variable ⁽²⁾	$ 544,195.23	July 25, 2036
I-52-B	Variable ⁽²⁾	$ 544,195.23	July 25, 2036
I-53-A	Variable ⁽²⁾	$ 520,304.01	July 25, 2036
I-53-B	Variable ⁽²⁾	$ 520,304.01	July 25, 2036
I-54-A	Variable ⁽²⁾	$ 497,461.67	July 25, 2036
I-54-B	Variable ⁽²⁾	$ 497,461.67	July 25, 2036
I-55-A	Variable ⁽²⁾	$ 475,622.14	July 25, 2036
I-55-B	Variable ⁽²⁾	$ 475,622.14	July 25, 2036
I-56-A	Variable ⁽²⁾	$ 454,741.41	July 25, 2036

Designation

REMIC I

Remittance Rate

Initial

Uncertificated Balance

Latest Possible

Maturity Date ⁽¹⁾

I-56-B	Variable ⁽²⁾	$ 454,741.41	July 25, 2036
I-57-A	Variable ⁽²⁾	$ 9,903,378.79	July 25, 2036
I-57-B	Variable ⁽²⁾	$ 9,903,378.79	July 25, 2036
II	Variable ⁽²⁾	$54,250,273.58	July 25, 2036
II-1-A	Variable ⁽²⁾	$ 7,303,567.05	July 25, 2036
II-1-B	Variable ⁽²⁾	$ 7,303,567.05	July 25, 2036
II-2-A	Variable ⁽²⁾	$ 7,787,583.93	July 25, 2036
II-2-B	Variable ⁽²⁾	$ 7,787,583.93	July 25, 2036
II-3-A	Variable ⁽²⁾	$ 8,030,403.43	July 25, 2036
II-3-B	Variable ⁽²⁾	$ 8,030,403.43	July 25, 2036
II-4-A	Variable ⁽²⁾	$ 7,697,140.65	July 25, 2036
II-4-B	Variable ⁽²⁾	$ 7,697,140.65	July 25, 2036
II-5-A	Variable ⁽²⁾	$ 7,377,749.03	July 25, 2036
II-5-B	Variable ⁽²⁾	$ 7,377,749.03	July 25, 2036
II-6-A	Variable ⁽²⁾	$ 7,071,648.78	July 25, 2036
II-6-B	Variable ⁽²⁾	$ 7,071,648.78	July 25, 2036
II-7-A	Variable ⁽²⁾	$ 6,778,286.03	July 25, 2036
II-7-B	Variable ⁽²⁾	$ 6,778,286.03	July 25, 2036
II-8-A	Variable ⁽²⁾	$ 6,497,129.33	July 25, 2036
II-8-B	Variable ⁽²⁾	$ 6,497,129.33	July 25, 2036
II-9-A	Variable ⁽²⁾	$ 6,227,669.15	July 25, 2036
II-9-B	Variable ⁽²⁾	$ 6,227,669.15	July 25, 2036
II-10-A	Variable ⁽²⁾	$ 5,969,417.83	July 25, 2036
II-10-B	Variable ⁽²⁾	$ 5,969,417.83	July 25, 2036
II-11-A	Variable ⁽²⁾	$ 5,721,907.77	July 25, 2036
II-11-B	Variable ⁽²⁾	$ 5,721,907.77	July 25, 2036
II-12-A	Variable ⁽²⁾	$ 5,497,429.95	July 25, 2036
II-12-B	Variable ⁽²⁾	$ 5,497,429.95	July 25, 2036
II-13-A	Variable ⁽²⁾	$ 5,271,662.24	July 25, 2036
II-13-B	Variable ⁽²⁾	$ 5,271,662.24	July 25, 2036
II-14-A	Variable ⁽²⁾	$ 7,292,732.86	July 25, 2036
II-14-B	Variable ⁽²⁾	$ 7,292,732.86	July 25, 2036
II-15-A	Variable ⁽²⁾	$16,965,801.01	July 25, 2036
II-15-B	Variable ⁽²⁾	$16,965,801.01	July 25, 2036
II-16-A	Variable ⁽²⁾	$14,095,108.66	July 25, 2036
II-16-B	Variable ⁽²⁾	$14,095,108.66	July 25, 2036
II-17-A	Variable ⁽²⁾	$11,734,610.29	July 25, 2036
II-17-B	Variable ⁽²⁾	$11,734,610.29	July 25, 2036
II-18-A	Variable ⁽²⁾	$ 8,793,882.27	July 25, 2036
II-18-B	Variable ⁽²⁾	$ 8,793,882.27	July 25, 2036
II-19-A	Variable ⁽²⁾	$ 2,822,455.64	July 25, 2036
II-19-B	Variable ⁽²⁾	$ 2,822,455.64	July 25, 2036
II-20-A	Variable ⁽²⁾	$ 2,693,903.49	July 25, 2036
II-20-B	Variable ⁽²⁾	$ 2,693,903.49	July 25, 2036
II-21-A	Variable ⁽²⁾	$ 2,571,184.10	July 25, 2036
II-21-B	Variable ⁽²⁾	$ 2,571,184.10	July 25, 2036

Designation

REMIC I

Remittance Rate

Initial

Uncertificated Balance

Latest Possible

Maturity Date ⁽¹⁾

II-22-A	Variable ⁽²⁾	$ 2,451,558.29	July 25, 2036
II-22-B	Variable ⁽²⁾	$ 2,451,558.29	July 25, 2036
II-23-A	Variable ⁽²⁾	$ 2,340,276.64	July 25, 2036
II-23-B	Variable ⁽²⁾	$ 2,340,276.64	July 25, 2036
II-24-A	Variable ⁽²⁾	$ 2,234,126.20	July 25, 2036
II-24-B	Variable ⁽²⁾	$ 2,234,126.20	July 25, 2036
II-25-A	Variable ⁽²⁾	$ 2,132,866.35	July 25, 2036
II-25-B	Variable ⁽²⁾	$ 2,132,866.35	July 25, 2036
II-26-A	Variable ⁽²⁾	$ 2,036,269.31	July 25, 2036
II-26-B	Variable ⁽²⁾	$ 2,036,269.31	July 25, 2036
II-27-A	Variable ⁽²⁾	$ 1,944,081.35	July 25, 2036
II-27-B	Variable ⁽²⁾	$ 1,944,081.35	July 25, 2036
II-28-A	Variable ⁽²⁾	$ 1,855,780.66	July 25, 2036
II-28-B	Variable ⁽²⁾	$ 1,855,780.66	July 25, 2036
II-29-A	Variable ⁽²⁾	$ 1,771,946.74	July 25, 2036
II-29-B	Variable ⁽²⁾	$ 1,771,946.74	July 25, 2036
II-30-A	Variable ⁽²⁾	$ 1,691,962.44	July 25, 2036
II-30-B	Variable ⁽²⁾	$ 1,691,962.44	July 25, 2036
II-31-A	Variable ⁽²⁾	$ 1,615,648.02	July 25, 2036
II-31-B	Variable ⁽²⁾	$ 1,615,648.02	July 25, 2036
II-32-A	Variable ⁽²⁾	$ 1,542,833.89	July 25, 2036
II-32-B	Variable ⁽²⁾	$ 1,542,833.89	July 25, 2036
II-33-A	Variable ⁽²⁾	$ 1,473,344.62	July 25, 2036
II-33-B	Variable ⁽²⁾	$ 1,473,344.62	July 25, 2036
II-34-A	Variable ⁽²⁾	$ 1,407,009.27	July 25, 2036
II-34-B	Variable ⁽²⁾	$ 1,407,009.27	July 25, 2036
II-35-A	Variable ⁽²⁾	$ 1,343,752.28	July 25, 2036
II-35-B	Variable ⁽²⁾	$ 1,343,752.28	July 25, 2036
II-36-A	Variable ⁽²⁾	$ 1,283,388.31	July 25, 2036
II-36-B	Variable ⁽²⁾	$ 1,283,388.31	July 25, 2036
II-37-A	Variable ⁽²⁾	$ 1,225,783.02	July 25, 2036
II-37-B	Variable ⁽²⁾	$ 1,225,783.02	July 25, 2036
II-38-A	Variable ⁽²⁾	$ 1,170,808.23	July 25, 2036
II-38-B	Variable ⁽²⁾	$ 1,170,808.23	July 25, 2036
II-39-A	Variable ⁽²⁾	$ 1,118,338.69	July 25, 2036
II-39-B	Variable ⁽²⁾	$ 1,118,338.69	July 25, 2036
II-40-A	Variable ⁽²⁾	$ 1,069,241.47	July 25, 2036
II-40-B	Variable ⁽²⁾	$ 1,069,241.47	July 25, 2036
II-41-A	Variable ⁽²⁾	$ 1,022,299.71	July 25, 2036
II-41-B	Variable ⁽²⁾	$ 1,022,299.71	July 25, 2036
II-42-A	Variable ⁽²⁾	$ 977,418.79	July 25, 2036
II-42-B	Variable ⁽²⁾	$ 977,418.79	July 25, 2036
II-43-A	Variable ⁽²⁾	$ 934,508.22	July 25, 2036
II-43-B	Variable ⁽²⁾	$ 934,508.22	July 25, 2036
II-44-A	Variable ⁽²⁾	$ 893,481.51	July 25, 2036
II-44-B	Variable ⁽²⁾	$ 893,481.51	July 25, 2036

Designation

REMIC I

Remittance Rate

Initial

Uncertificated Balance

Latest Possible

Maturity Date ⁽¹⁾

II-45-A	Variable ⁽²⁾	$ 854,255.95	July 25, 2036
II-45-B	Variable ⁽²⁾	$ 854,255.95	July 25, 2036
II-46-A	Variable ⁽²⁾	$ 816,752.47	July 25, 2036
II-46-B	Variable ⁽²⁾	$ 816,752.47	July 25, 2036
II-47-A	Variable ⁽²⁾	$ 780,895.47	July 25, 2036
II-47-B	Variable ⁽²⁾	$ 780,895.47	July 25, 2036
II-48-A	Variable ⁽²⁾	$ 746,612.66	July 25, 2036
II-48-B	Variable ⁽²⁾	$ 746,612.66	July 25, 2036
II-49-A	Variable ⁽²⁾	$ 713,834.92	July 25, 2036
II-49-B	Variable ⁽²⁾	$ 713,834.92	July 25, 2036
II-50-A	Variable ⁽²⁾	$ 682,496.19	July 25, 2036
II-50-B	Variable ⁽²⁾	$ 682,496.19	July 25, 2036
II-51-A	Variable ⁽²⁾	$ 652,533.30	July 25, 2036
II-51-B	Variable ⁽²⁾	$ 652,533.30	July 25, 2036
II-52-A	Variable ⁽²⁾	$ 623,885.83	July 25, 2036
II-52-B	Variable ⁽²⁾	$ 623,885.83	July 25, 2036
II-53-A	Variable ⁽²⁾	$ 596,496.04	July 25, 2036
II-53-B	Variable ⁽²⁾	$ 596,496.04	July 25, 2036
II-54-A	Variable ⁽²⁾	$ 570,308.72	July 25, 2036
II-54-B	Variable ⁽²⁾	$ 570,308.72	July 25, 2036
II-55-A	Variable ⁽²⁾	$ 545,271.07	July 25, 2036
II-55-B	Variable ⁽²⁾	$ 545,271.07	July 25, 2036
II-56-A	Variable ⁽²⁾	$ 521,332.62	July 25, 2036
II-56-B	Variable ⁽²⁾	$ 521,332.62	July 25, 2036
II-57-A	Variable ⁽²⁾	$11,353,605.05	July 25, 2036
II-57-B