Base Offering Circular - Multifamily
482090
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Trustee Fee), the Interest Distribution Amount and the
Accrual Amount(s) for the Series (or Security Group).
Distribution Date........................
The date specified in the related Trust Agreement for each
Series (or Security Group) upon which distributions, other
than distributions of any Special Excess Distribution, are
required to be made to Holders of Book-Entry Securities of
such Series (or Security Group).
Distribution Date Statement.......
With respect to each Series and each Distribution Date,
instructions, in such form as is approved by the Trustee, the
Book-Entry Depository and Ginnie Mae, based on the
applicable Class Factors and Interest Rates that provide for
the disbursement of funds from the applicable Trust
Accounts for the payment of the Trustee Fee and all
amounts distributable to Holders of such Series on such
Distribution Date.
Double REMIC Series................
A Series issued under a Trust Agreement that provides for
two or more Trust REMICs, including an Issuing REMIC
and one or more Pooling REMICs.
DTC............................................
The Depository Trust Company.
Effective Range..........................
With respect to any PAC, Scheduled or TAC Class or
Component, the range of constant prepayment rates for
which such Class or Component adheres to its schedule of
Scheduled Principal Balances.
Eligible Account.........................
An account or accounts maintained with (a) the Trustee in
its corporate trust department acting in its fiduciary capacity
or (b) a federal or state chartered depository institution or
trust company the long-term unsecured debt obligations of
which (or, in the case of a depository institution or trust
company that is the principal subsidiary of a holding
company, the long-term unsecured debt obligations of that
holding company) are rated by a nationally recognized
statistical rating organization in one of its two highest long-
term rating categories at the time any amounts are held on
deposit therein.
ERISA ........................................
The Employee Retirement Income Security Act of 1974, as
amended.