Base Offering Circular – Multifamily 74 Modifiable Class .......................  Each Class issued in respect of an MX Trust that may be exchanged for proportionate interests in a related MX Class or Classes but is not itself identified as an MX Class in the Available Combinations Schedule.  Each Modifiable Class relates to a Class of REMIC Securities with the same designation (for example, a Modifiable Class designated Class A corresponds to the Class of REMIC Securities designated Class A). Modifiable Securities ................  Any Ginnie Mae Guaranteed Grantor Trust Pass-Through Security relating to a Modifiable Class that is issued pursuant to the Ginnie Mae Multiclass Program. Monthly Information.................  With respect to each Series, the information, such as the Class Factors and Interest Rates, posted on e-Access on a monthly basis. Mortgage ...................................  A mortgage on an interest in real property that is either a multifamily property or a nursing facility, insured by FHA or coinsured by FHA and the related mortgage lender, that underlies a Ginnie Mae Multifamily Certificate. Mortgage Loan..........................  With respect to each Trust Asset, each of the mortgage loans in the pool or pools underlying such Trust Asset. Mortgage Note ..........................  The instrument evidencing the debt underlying the related Mortgage. Mortgaged Property ..................  The multifamily property or nursing facility located in any one of the 50 states, the District of Columbia or any U.S. territory, commonwealth or possession, securing or the subject of a Mortgage Loan. Mortgage Rate...........................  With respect to any Mortgage Loan, the per annum interest rate on the related Mortgage Note. Mortgagor..................................  The obligor on a Mortgage Note. Multifamily Base Offering Circular...................................... A Base Offering Circular for Guaranteed REMIC Pass-through Securities backed primarily by Ginnie Mae Multifamily Certificates. MX Class...................................  Each Class issued in respect of an MX Trust that may be exchanged for proportionate interests in related Classes of Modifiable Securities.