When preceded by a group designation (e.g., the Group 2
Principal Distribution Amount), such amount for the
specified Trust Asset Group.
Principal Only Class...................
A Class with a fixed Interest Rate of zero.
Principal Only Security..............
A Security of a Principal Only Class.
Principal Type ............................
With respect to a Security, the category of its principal
allocation, as identified in Appendix I of the Multifamily
Base Offering Circular.
Program Legal Advisor ..............
A law firm designated by Ginnie Mae to act as legal
advisor to Ginnie Mae in connection with the Ginnie Mae
Multiclass Securities Program. The name and address of
the current Program Legal Advisor are contained in the
Ginnie Mae REMIC Guide in the document entitled
Ginnie Mae REMIC Transaction Participants.
Qualified Plan.............................
A Plan described in Code section 401(a).
Record Date ................................
For each Security with respect to each Distribution Date,
unless otherwise specified in the related Trust Agreement
or MX Trust Agreement, if applicable, the last Business
Day of the month immediately preceding the month in
which that Distribution Date occurs.
Redemption Amount ..................
With respect to a Callable Class Security that is being
redeemed, the sum of (i) the outstanding principal balance
of the Trust MBS underlying such Callable Class, based on
the Certificate Factors published for such Trust MBS for
the month prior to the month of redemption, and (ii) an
amount equal to the interest that would be payable on such
Callable Class Security for the period from the first day of
the month of redemption to the Redemption Date,
calculated on the basis of its Interest Rate and the Class
Factor published in the month preceding redemption.
Reference Banks.........................
The four leading banks engaged in transactions in
Eurodollar deposits in the international Eurocurrency
market (a) with an established place of business in London,
(b) whose quotations appear on the Reuters Screen LIBO
Page on the Floating Rate Adjustment Date in question and
(c) which have been designated as such by the Trustee and
are able and willing to provide those quotations to the
Base Offering Circular Multifamily
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RICHMOND 801041v3