Base Offering Circular - Multifamily
482090
88
Trust Agreement ........................
With respect to each Trust, an agreement between the
Sponsor and the Trustee that identifies and establishes the
Trust and the particular Securities (and Pooling REMIC
Interests, if any) issued in respect of that Trust. Each Trust
Agreement incorporates the related Standard Trust
Provisions by reference and may modify, amend or
supplement the conditions of the Standard Trust Provisions
in any respect.
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 a Trust Asset Depository Account is established.
Trust Asset Depository
Account......................................
With respect to each Trust, to the extent required by the
applicable Trust Agreement, a limited-purpose account
maintained by the Trustee at one or more Trust Asset
Depositories, which account shall be credited with all
distributions in respect of Trust Assets (other than Trust
Assets maintained through the book-entry system of the
MBS Division of DTC) held in the related 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.
Trust Fund..................................
The corpus of the Trust established by a Trust Agreement,
as further described in the Trust Agreement.
Trustee........................................
The trustee for a Trust. The Trustee for each Trust will be
identified in the related Trust Agreement.