In the case of Pool Number 544407, the principal and interest payment scheduled to be
made on the first business day of each month is as follows:
From July 2007 through, and including, January 2022 .................... $6,768.92
From February 2022 through, and including, December 2041........ $6,084.68
In January 2042 ..................................................................................... The remaining balance of all
unpaid principal plus accrued
interest thereon.
In the case of Pool Number 525820, the principal and interest payment scheduled to be
made on the first business day of each month is as follows:
From July 2007 through, and including, September 2015 .............. $6,744.61
From October 2015 through, and including, February 2041.......... $5,554.65
In March 2041 ....................................................................................... The remaining balance of all
unpaid principal plus accrued
interest thereon.
In the case of Pool Number 659882, the principal and interest payment scheduled to be
made on the first business day of each month is as follows:
From July 2007 through, and including, November 2014 .............. $6,957.10
From December 2014 through, and including, October 2036 ........ $3,380.30
In November 2036 ................................................................................. The remaining balance of all
unpaid principal plus accrued
interest thereon.
Furthermore, in the absence of a change in the amortization schedule of Mortgage Loans,
Mortgage Loans that provide for level monthly payments may still receive non-level payments as
a result of the fact that, at any time:
FHA may permit any Mortgage Loan to be refinanced or partially prepaid without regard
to any lockout period or Prepayment Penalty; and
condemnation of, or occurrence of a casualty loss on, the Mortgaged Property securing
any Mortgage Loan or the acceleration of payments due under any Mortgage Loan by
reason of default may result in prepayment.
"Due-on-Sale" Provisions.
The Mortgage Loans do not contain "due-on-sale" clauses
restricting sale or other transfer of the related Mortgaged Property. Any transfer of the
Mortgaged Property is subject to HUD review and approval under the terms of HUD's
Regulatory Agreement with the owner, which is incorporated by reference into the mortgage.
Prepayment Restrictions.
The Mortgage Loans have lockout provisions that prohibit
voluntary prepayment for a number of years following origination. The Mortgage Loans
underlying the Group 1 Trust Assets have remaining lockout terms that range from approxi-
mately 0 to 56 months with a weighted average remaining lockout term of approximately
12 months. The Mortgage Loans underlying the Group 2 Underlying Certificate Trust Assets
have remaining lockout terms that range from approximately 0 to 76 months. See the Updated
Exhibits A in Exhibit D for additional information with respect to remaining lockout periods.
The enforceability of these lockout provisions under certain state laws is unclear.
Certain of the Mortgage Loans have a period (a "Prepayment Penalty Period") during which
voluntary prepayments must be accompanied by a prepayment penalty equal to a specified
percentage of the principal amount of the Mortgage Loan being prepaid (each, a "Prepayment
Penalty"). Any Prepayment Penalty Period will follow the termination of the applicable lockout
period. See "Characteristics of the Ginnie Mae Multifamily Certificates and the Related Mortgage
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