WHATS IN AN ASSIGNMENT

Assignment of the Mortgage Loans. At the time of issuance of the securities of a series, the depositor will cause the mortgage loans comprising the related issuing entity to be assigned to the trustee, together with all principal and interest received by or on behalf of the depositor on or with respect to the mortgage loans after the cut-off date, other than principal and interest due on or before the cut-off date and other than any retained interest-specified in the related prospectus supplement.

information.In addition, the depositor will deliver or cause to be delivered The trustee will, concurrently with the assignment, deliver the securities to the depositor inexchange for the mortgage loans. Each mortgage loan will be identified in a schedule appearingas an exhibit to the related agreement. The schedule will include information as to theoutstanding principal balance of each mortgage loan after application of payments due onthecut-off date, as well as information regarding the mortgage rate, the currentscheduledmonthly payment of principal and interest, the maturity of the loan, theLoan-to-Value Ratios or Combined Loan-to-Value Ratios,as applicable, at origination underspecifiedto the trustee (or to the custodian) for each mortgage loan the mortgage note endorsed without recourse in blank or to Theodor of the trustee, except that the depositor may deliver or cause to be delivered a lost note affidavit in lieu of any original mortgage note that has been lost,will deliver or cause to be delivered a copy of on it(except for any mortgage not returned from the public recording office, in which juxtaposedthe mortgage together with a certificate thatthe original of the mortgage was delivered to the recording office or some other arrangement will be provided for),o an assignment of the mortgage to the trustee in recordable formant any other security documents specified in the related prospectus supplement or the related agreement, including security documents relating to any senior interests in the property.

The applicable prospectus supplement may provide other arrangements for assuring the priority of the assignments, but if it does not, then the depositor will promptly cause the assignments of the related loans to be recorded in the appropriate public office for real property records, except in states in which in the opinion of counsel recording is not required to protect the trustee's interest in the loans against the claim of any subsequent transferee or any successor to or creditor of the depositor or the originator of the loans.

With respect to any mortgage loans that are cooperative loans, thedepositor will cause to be delivered to the trusteeo the related original cooperative note endorsed without recoursein blank or to the order of the trustee (or, to the extent therelated pooling and servicing agreement so provides, a lost noteaffidavit),

o the original security agreement,
o the proprietary lease or occupancy agreement,
o the recognition agreement,
o an executed financing agreement and
o the relevant stock certificate, related blank stock powers and any other document specified in the related prospectus supplement.The depositor will cause to be filed in the appropriate office assignment and a financing statement evidencing the trustee's security interest in each cooperative loan.

By M.Soliman