Termination
The Trustee, at its option, may purchase or cause the sale of the Trust Assets and thereby
terminate the Trust on any Distribution Date on which the aggregate of the Class Principal
Balances of the Securities is less than 1% of the aggregate Original Class Principal Balances of
the Securities. The Trustee will terminate the Trust and retire the Securities on any Distribution
Date upon the Trustee's determination that the REMIC status of either Trust REMIC has been
lost or that a substantial risk exists that this status will be lost for the then current taxable year.
Upon any termination of the Trust, the Holder of any outstanding Security (other than a
Residual or Notional Class Security) will be entitled to receive that Holder's allocable share of
the Class Principal Balance of that Class plus any accrued and unpaid interest thereon at the
applicable Interest Rate, and any Holder of any outstanding Security of the Notional Class will
be entitled to receive that Holder's allocable share of any accrued and unpaid interest thereon
at the applicable Interest Rate. The Residual Holders will be entitled to their pro rata share of
any assets remaining in the Trust REMICs after payment in full of the amounts described in the
foregoing sentence. However, any remaining assets are not likely to be significant.
YIELD, MATURITY AND PREPAYMENT CONSIDERATIONS
General
The prepayment experience of the Mortgage Loans underlying the Ginnie Mae Multifamily
Certificates will affect the Weighted Average Lives of and the yields realized by investors in the
related Securities.
Mortgage Loan principal payments may be in the form of scheduled or unscheduled
amortization.
The terms of each Mortgage Loan provide that, following any applicable lockout period,
and upon payment of any applicable Prepayment Penalty, the Mortgage Loan may be
voluntarily prepaid in whole or in part.
In addition, in some circumstances FHA may permit a FHA-insured Mortgage Loan to be
refinanced or partially prepaid without regard to lockout or Prepayment Penalty provi-
sions. See "Characteristics of the Ginnie Mae Multifamily Certificates and the Related
Mortgage Loans" in, in the case of the Group 1 Securities, Exhibit A to this Supplement
and, in the case of the Group 2 Securities, the Updated Exhibits A in Exhibit D to this
Supplement.
The condemnation of, or occurrence of a casualty loss on, the Mortgaged Property
securing any Mortgage Loan or the acceleration of payments due under the Mortgage
Loan by reason of default may also result in a prepayment at any time.
Mortgage Loan prepayment rates are likely to fluctuate over time. No representation is
made as to the expected Weighted Average Lives of the Securities or the percentage of the
original unpaid principal balance of the Mortgage Loans that will be paid to Holders at any
particular time. A number of factors may influence the prepayment rate.
While some prepayments occur randomly, the payment behavior of the Mortgage Loans
may be influenced by a variety of economic, tax, geographic, demographic, legal and
other factors.
These factors may include the age, geographic distribution and payment terms of the
Mortgage Loans; remaining depreciable lives of the underlying properties; characteristics
of the borrowers; amount of the borrowers' equity; the availability of mortgage financing;
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