Base Offering Circular – Multifamily 70 Ginnie Mae Guaranty................  The guaranty of Ginnie Mae with respect to the timely payment of all principal and interest on each Security in accordance with the terms of that Security as set forth in the related Trust Agreement.  The Ginnie Mae Guaranty is set forth on each Security.  The Ginnie Mae Guaranty does not extend to the payment of Prepayment Penalties. Ginnie Mae Guaranty Fee .........  The fee payable to Ginnie Mae in exchange for the Ginnie Mae Guaranty relating to a Series, consisting of $10,000 plus the greater of (y) $75,000 or (z) Ginnie Mae Guaranty Fee Percentage of the aggregate Original Class Principal Balance of the related Securities, payable to Ginnie Mae on the Closing Date. Ginnie Mae Guaranty Fee Percentage ................................. With respect to a Series, the percentage used to calculate the Ginnie Mae Guaranty Fee, as specified in the related Trust Agreement. Ginnie Mae Guaranty Payment..................................... Any payment made by Ginnie Mae pursuant to the Ginnie Mae Guaranty. Ginnie Mae I Program...............  The program governed by the provisions contained in Ginnie Mae Handbook 5500.3 or its successor. Ginnie Mae Issuer .....................  A Person who has issued a Ginnie Mae Multifamily Certificate or such Person’s successors and assigns. Ginnie Mae Multiclass Securities Guide ........................ The Ginnie Mae Multiclass Securities Guide, as amended from time to time, which includes the Ginnie Mae REMIC Guide in Parts I and II, the Ginnie Mae Platinum Guide in Part III, Ginnie Mae Multifamily Guide in Part IV, and the Callable Securities Addendum. Ginnie Mae Multiclass Securities Program .................... The program established by Ginnie Mae pursuant to section 306(g) of the National Housing Act, as amended, for the issuance of Securities. Ginnie Mae Multifamily Certificate.................................. A Ginnie Mae Project Loan Certificate or a Ginnie Mae Construction Loan Certificate. Ginnie Mae Multifamily Guide.........................................  Part IV of the Ginnie Mae Multiclass Securities Guide.