----

| /s/                  Douglas D. Danforth | /s/                  Steven W. Smith            | /s/                  Dave J. Bodi               |   |
|------------------------------------------|-------------------------------------------------|-------------------------------------------------|--------|
| Douglas                  D. Danforth     | Steven                  W. Smith                | Dave                  J. Bodi                   |   |
| President                  &         | Executive                  Vice-President & | Executive                  Vice-President & |   |
| Chief                  Executive Officer | Co-Chief                  Operating Officer     | Co-Chief                  Operating Officer     |   |

| **    A                    Member of The PNC Financial Services Group**              |   |
|----------------------------------------------------------------------------------------------------------|--------|
|     10851                    Mastin P.O. Box 25965 Shawnee Mission Kansas 66225-5965 |   |
|     www.midlandls.com                    913 253 9000 T 913 253 9001 F               |   |

----

**MIDLAND      LOAN SERVICES, INC.**

**APPENDIX      I—MLS's MINIMUM SERVICING STANDARDS**

----

**I.    CUSTODIAL        BANK ACCOUNTS**

| 1      |   | Reconciliations                  shall be prepared on a monthly basis for all custodial bank accounts                  and                  related bank clearing accounts. These reconciliations                  shall:     |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                          |
|   | l      | Be                  mathematically accurate                                                                                                                                                                                   |
|   | l      | Be                  prepared within forty-five (45) calendar days after the cutoff                  date                                                                                                                      |
|   | l      | Be                  reviewed and approved by someone other than the person who prepared                  the                  reconciliation                                                                                  |
|   | l      | Document                  explanations for reconciling items. These reconciling items shall                  be                  resolved within ninety (90) calendar days of their original                  identification. |
|   |   |                                                                                                                                                                                                                          |
| 2.     |   | Funds                  of the servicing entity shall be advanced in cases where there                  is an                  overdraft in an investor's or a mortgagor's account.                                            |
|   |   |                                                                                                                                                                                                                          |
| 3.     |   | Each                  custodial account shall be maintained at a federally insured depository                  institution in trust for the applicable investor.                                                              |
|   |   |                                                                                                                                                                                                                          |
| 4.     |   | Escrow                  funds held in trust for a mortgagor shall be returned to the mortgagor                  within thirty (30) calendar days of payoff of the mortgage                  loan.                             |

**II.    MORTGAGE        PAYMENTS**

| 1      |   | Mortgage                  payments shall be deposited into the custodial bank accounts and                  related                  bank clearing accounts within two business days of                  receipt.                                      |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                   |
| 2.     |   | Mortgage                  payments made in accordance with the mortgagor's loan documents                  shall be                  posted to the applicable mortgagor records within two business                  days of                  receipt. |
|   |   |                                                                                                                                                                                                                                                   |
| 3.     |   | Mortgage                  payments shall be allocated to principal, interest, insurance,                  taxes or                  other escrow items in accordance with the mortgagor's loan                  documents.                             |
|   |   |                                                                                                                                                                                                                                                   |
| 4.     |   | Mortgage                  payments identified as loan payoffs shall be allocated in accordance                  with                  the mortgagor's loan documents.                                                                                  |

**III.    DISBURSEMENTS**

| 1      |   | Disbursements                  made via wire transfer on behalf of a mortgagor or investor shall                  be made                  only by authorized personnel.                                                                                                                                                                                                                                                                             |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 2.     |   | Disbursements                  made on behalf of a mortgagor or investor shall be posted within                  two                  business days to the mortgagor's or investor's records maintained                  by the servicing entity.                                                                                                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 3.     |   | Tax                  and insurance payments shall be made on or before the penalty or                  insurance                  policy expiration dates, as indicated on tax bills and insurance                  premium                  notices, respectively, provided that such support has been received                  by the                  servicing entity at least thirty (30) calendar days prior to these                  dates. |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.     |   | Any                  late payment penalties paid in conjunction with the payment of                  any tax                  bill or insurance premium notice shall be paid from the servicing                  entity's                  funds and not charged to the mortgagor, unless the late payment                  was due to                  the mortgagor's error or omission.                                                      |
| 5.     |   | Amounts                  remitted to investors per the servicer's investor reports shall                  agree with                  cancelled checks, or other form of payment, or custodial bank                  statements.                                                                                                                                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 6.     |   | Unused                  checks shall be safeguarded so as to prevent unauthorized                  access.                                                                                                                                                                                                                                                                                                                                           |

**IV.    INVESTOR        ACCOUNTING AND REPORTING**

| 1. |   | The                  servicing entity's investor reports shall agree with, or reconcile                  to,                  investors' records on a monthly basis as to the total unpaid principal                  balance and number of loans serviced by the servicing                  entity. |
|----|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**V.    MORTGAGOR        LOAN ACCOUNTING**

| 1.     |   | The                  servicing entity's mortgage loan records shall agree with, or reconcile                  to, the records of mortgagors with respect to the unpaid principal                  balance                  on a monthly basis. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                           |
| 2.     |   | Adjustments                  on adjustable rate mortgage loans shall be computed based on the                  related                  mortgage note and any adjustable rate mortgage rider.                                                  |
|   |   |                                                                                                                                                                                                                                           |
| 3.     |   | Escrow                  accounts shall be analyzed, in accordance with the mortgagor's                  loan                  documents, on at least an annual                  basis.                                                         |

**VI.    INSURANCE        POLICIES**

| 1. |   | A                  fidelity bond and errors and omissions policy shall be in effect                  on the                  servicing entity throughout the reporting period in the amount                  of coverage                  represented to investors in management's assertion. |
|----|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|