Base Offering Circular - Multifamily 482090 88 Trust ........................................... A legal entity that qualifies as a trust under applicable state law and is established pursuant to the Standard Trust Provisions and the Trust Agreement to hold the Trust Assets and elect REMIC status in respect of all or a portion of the Trust Assets. Trust Accounts ........................... Any one or more of the following accounts established in accordance with the Trust Agreement:  the Certificated Security Account, the Book-Entry Depository Account, the Trust Asset Depository Account, the Collection Account, the Variance Account, the Termination Account and/or the Excess Payment Account. Trust Agreement......................... With respect to each Trust, an agreement between the Sponsor and the Trustee that identifies and establishes the Trust and provides for the issuance of the Securities (and Pooling REMIC Interests, if any) in respect of the Trust. Trust Asset ................................. As to any Trust, any Trust MBS, Underlying Certificate, and Underlying Callable Class Security conveyed thereto by the related Sponsor. Trust Asset Depository............... Any depository institution acceptable to Ginnie Mae at which an account for the Trust is established. Trust Asset Depository Account ...................................... With respect to each Trust, to the extent required by the applicable Trust Agreement, any limited-purpose account that is an Eligible Account maintained by the Trustee at a Trust Asset Depository. Trust Asset Group ...................... One of two or more groups into which the Trust Assets conveyed to a Trust may be segregated as described in the related Trust Agreement and Offering Circular.  Each Trust Asset Group will be identified by numerical designation. Trust Asset Payment Date.......... A Ginnie Mae Certificate Payment Date or Underlying Certificate Payment Date, as the context requires. Trust Counsel ............................. With respect to each Series, the law firm, designated in the Sponsor Agreement, responsible for preparing the Offering Circular Supplement and Closing Documents, for coordinating preclosing and closing and for providing certain Opinions of Counsel.