Base Offering Circular - Multifamily 482090 69 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 (i) the Ginnie Mae Guaranty Fee Percentage of the aggregate Original Class Principal Balance of the Securities, payable to Ginnie Mae on the Closing Date, (ii) any rebate Ginnie Mae may be entitled to pursuant to the Trust Agreement, (iii) any investment earnings on amounts held in the Trust Accounts other than the Collection Account and (iv) any amounts transferred to the Variance Account pursuant to Section 3.04(b) or 3.04(c) of the Standard Trust Provisions or the Trust Agreement. 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 5500.1 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 and the Ginnie Mae Platinum Guide in Part III. 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.