Document:

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                      BANC OF AMERICA FUNDING CORPORATION,

                                  as Depositor,

                             WELLS FARGO BANK, N.A.,

                          as Securities Administrator,

                               CITIMORTGAGE, INC.,

                               as Master Servicer

                                       and

                         U.S. BANK NATIONAL ASSOCIATION,

                                   as Trustee

                         POOLING AND SERVICING AGREEMENT

                            Dated September 28, 2006

                                   ----------

                       Mortgage Pass-Through Certificates

                                  Series 2006-6

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                                TABLE OF CONTENTS

                                                                                                                 Page
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                                    ARTICLE I

                                   DEFINITIONS

Section 1.01   Defined Terms..................................................................................      4
Section 1.02   Interest Calculations..........................................................................     42

                                   ARTICLE II

         CONVEYANCE OF MORTGAGE LOANS ORIGINAL ISSUANCE OF CERTIFICATES

Section 2.01   Conveyance of Mortgage Loans...................................................................     42
Section 2.02   Acceptance by the Trustee or Custodian of the Mortgage Loans...................................     47
Section 2.03   Representations, Warranties and Covenants of the Master Servicer...............................     51
Section 2.04   Representations and Warranties of the Depositor as to the Mortgage Loans.......................     52
Section 2.05   Designation of Interests in the REMICs.........................................................     53
Section 2.06   Designation of Start-up Day....................................................................     54
Section 2.07   REMIC Certificate Maturity Date................................................................     54
Section 2.08   Execution and Delivery of Certificates.........................................................     54
Section 2.09   Establishment of the Trust.....................................................................     54
Section 2.10   Purpose and Powers of the Trust................................................................     54

                                   ARTICLE III

              ADMINISTRATION AND MASTER SERVICING OF MORTGAGE LOANS

Section 3.01   Master Servicing of the Mortgage Loans.........................................................     55
Section 3.02   Monitoring of Servicers........................................................................     56
Section 3.03   Fidelity Bond; Errors and Omissions Insurance..................................................     58
Section 3.04   Access to Certain Documentation................................................................     58
Section 3.05   Maintenance of Primary Mortgage Insurance Policy; Claims.......................................     58
Section 3.06   Rights of the Depositor, the Securities Administrator and the Trustee in Respect of the
                  Master Servicer.............................................................................     59
Section 3.07   Trustee to Act as Master Servicer..............................................................     59
Section 3.08   Servicer Custodial Accounts and Escrow Accounts................................................     59
Section 3.09   Collection of Mortgage Loan Payments;  Master Servicer Custodial Account; Certificate
                  Account;  Reserve Fund; and Yield Maintenance Agreement.....................................     60
Section 3.10   Access to Certain Documentation and Information Regarding the Mortgage Loans...................     64
Section 3.11   Permitted Withdrawals from the Certificate Account and the Master Servicer Custodial Account...     64
Section 3.12   Maintenance of Hazard Insurance and Other Insurance............................................     65
Section 3.13   Presentment of Claims and Collection of Proceeds...............................................     66

                                       -i-

Section 3.14   Enforcement of Due-On-Sale Clauses; Assumption Agreements......................................     66
Section 3.15   Realization Upon Defaulted Mortgage Loans; REO Property........................................     66
Section 3.16   Trustee to Cooperate; Release of Mortgage Files................................................     68
Section 3.17   Documents, Records and Funds in Possession of the Master Servicer to be Held for the Trustee...     69
Section 3.18   Master Servicer Compensation...................................................................     69
Section 3.19   Advances.......................................................................................     69
Section 3.20   Annual Statement as to Compliance..............................................................     70
Section 3.21   Assessments of Compliance and Attestation Reports..............................................     71
Section 3.22   Reports to the Commission......................................................................     73

                                   ARTICLE IV

                          MASTER SERVICER'S CERTIFICATE

Section 4.01   Master Servicer's Certificate..................................................................     80

                                    ARTICLE V

              PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS; REMIC
                                 ADMINISTRATION

Section 5.01   Distributions..................................................................................     80
Section 5.02   Priorities of Distributions....................................................................     80
Section 5.03   Allocation of Losses...........................................................................     89
Section 5.04   Statements to Certificateholders...............................................................     91
Section 5.05   Tax Returns and Reports to Certificateholders..................................................     95
Section 5.06   Tax Matters Person.............................................................................     96
Section 5.07   Rights of the Tax Matters Person in Respect of the Securities Administrator....................     96
Section 5.08   REMIC and Exchangeable Certificate Grantor Trust Related Covenants.............................     97
Section 5.09   Determination of LIBOR.........................................................................     98
Section 5.10   Master Servicer, Securities Administrator and Trustee Indemnification..........................     99
Section 5.11   Grantor Trust Administration with Respect to the Exchangeable Certificates.....................    100
Section 5.12   Distributions on the Exchangeable Certificates.................................................    100

                                   ARTICLE VI

                                THE CERTIFICATES

Section 6.01   The Certificates...............................................................................    101
Section 6.02   Registration of Transfer and Exchange of Certificates..........................................    101
Section 6.03   Transfer of Exchangeable REMIC and Exchangeable Certificates...................................    106
Section 6.04   Exchanges of Exchangeable REMIC and Exchangeable Certificates..................................    106
Section 6.05   Mutilated, Destroyed, Lost or Stolen Certificates..............................................    107
Section 6.06   Persons Deemed Owners..........................................................................    108

                                      -ii-

                                   ARTICLE VII

                      THE DEPOSITOR AND THE MASTER SERVICER

Section 7.01   Respective Liabilities of the Depositor and the Master Servicer................................    108
Section 7.02   Merger or Consolidation of the Depositor or the Master Servicer................................    108
Section 7.03   Limitation on Liability of the Depositor, the Master Servicer and Others.......................    109
Section 7.04   Depositor and Master Servicer Not to Resign....................................................    109

                                  ARTICLE VIII

                                     DEFAULT

Section 8.01   Events of Default..............................................................................    110
Section 8.02   Remedies of Trustee............................................................................    112
Section 8.03   Directions by Certificateholders and Duties of Trustee During Event of Default.................    112
Section 8.04   Action upon Certain Failures of the Master Servicer and upon Event of Default..................    112
Section 8.05   Trustee to Act; Appointment of Successor.......................................................    112
Section 8.06   Notification to Certificateholders.............................................................    115

                                   ARTICLE IX

                  THE TRUSTEE AND THE SECURITIES ADMINISTRATOR

Section 9.01   Duties of Trustee and Securities Administrator.................................................    115
Section 9.02   Certain Matters Affecting the Trustee and the Securities Administrator.........................    117
Section 9.03   Neither Trustee nor Securities Administrator Liable for Certificates or Mortgage Loans.........    118
Section 9.04   Trustee and Securities Administrator May Own Certificates......................................    120
Section 9.05   Eligibility Requirements for Trustee and the Securities Administrator..........................    120
Section 9.06   Resignation and Removal of Trustee and the Securities Administrator............................    121
Section 9.07   Successor Trustee or Securities Administrator..................................................    122
Section 9.08   Merger or Consolidation of Trustee or Securities Administrator.................................    122
Section 9.09   Appointment of Co-Trustee or Separate Trustee..................................................    123
Section 9.10   Authenticating Agents..........................................................................    124
Section 9.11   Securities Administrator's Fees and Expenses and Trustee's Fees and Expenses...................    124
Section 9.12   Appointment of Custodian.......................................................................    125
Section 9.13   Paying Agents..................................................................................    126
Section 9.14   Limitation of Liability........................................................................    127
Section 9.15   Trustee or Securities Administrator May Enforce Claims Without Possession of Certificates......    127
Section 9.16   Suits for Enforcement..........................................................................    127
Section 9.17   Waiver of Bond Requirement.....................................................................    127
Section 9.18   Waiver of Inventory, Accounting and Appraisal Requirement......................................    127

                                      -iii-

                                    ARTICLE X

                                   TERMINATION

Section 10.01  Termination upon Purchase or Liquidation of All Mortgage Loans.................................    127
Section 10.02  Additional Termination Requirements............................................................    130

                                   ARTICLE XI

                            MISCELLANEOUS PROVISIONS

Section 11.01  Amendment......................................................................................    130
Section 11.02  Recordation of Agreement; Counterparts.........................................................    132
Section 11.03  Limitation on Rights of Certificateholders.....................................................    132
Section 11.04  Governing Law..................................................................................    133
Section 11.05  Notices........................................................................................    133
Section 11.06  Severability of Provisions.....................................................................    134
Section 11.07  Certificates Nonassessable and Fully Paid......................................................    134
Section 11.08  Access to List of Certificateholders...........................................................    134
Section 11.09  Recharacterization.............................................................................    135
Section 11.10  Regulation AB Compliance; Intent of the Parties; Reasonableness................................    135

                                      -iv-

                                    EXHIBITS

Exhibit A-1AR    Form of Face of Class 1-A-R Certificate
Exhibit A-1A1    Form of Face of Class 1-A-1 Certificate
Exhibit A-1A2    Form of Face of Class 1-A-2 Certificate
Exhibit A-1A3    Form of Face of Class 1-A-3 Certificate
Exhibit A-1A4    Form of Face of Class 1-A-4 Certificate
Exhibit A-1A5    Form of Face of Class 1-A-5 Certificate
Exhibit A-1A6    Form of Face of Class 1-A-6 Certificate
Exhibit A-1A7    Form of Face of Class 1-A-7 Certificate
Exhibit A-1A8    Form of Face of Class 1-A-8 Certificate
Exhibit A-1A9    Form of Face of Class 1-A-9 Certificate
Exhibit A-1A10   Form of Face of Class 1-A-10 Certificate
Exhibit A-1A11   Form of Face of Class 1-A-11 Certificate
Exhibit A-1A12   Form of Face of Class 1-A-12 Certificate
Exhibit A-1A13   Form of Face of Class 1-A-13 Certificate
Exhibit A-1A14   Form of Face of Class 1-A-14 Certificate
Exhibit A-1A15   Form of Face of Class 1-A-15 Certificate
Exhibit A-1A16   Form of Face of Class 1-A-16 Certificate
Exhibit A-1A17   Form of Face of Class 1-A-17 Certificate
Exhibit A-1A18   Form of Face of Class 1-A-18 Certificate
Exhibit A-1A19   Form of Face of Class 1-A-19 Certificate
Exhibit A-1A20   Form of Face of Class 1-A-20 Certificate
Exhibit A-1A21   Form of Face of Class 1-A-21 Certificate
Exhibit A-1A22   Form of Face of Class 1-A-22 Certificate
Exhibit A-1A23   Form of Face of Class 1-A-23 Certificate
Exhibit A-1A24   Form of Face of Class 1-A-24 Certificate
Exhibit A-2A1    Form of Face of Class 2-A-1 Certificate
Exhibit A-2A2    Form of Face of Class 2-A-2 Certificate
Exhibit A-2A3    Form of Face of Class 2-A-3 Certificate
Exhibit A-2A4    Form of Face of Class 2-A-4 Certificate
Exhibit A-3A1    Form of Face of Class 3-A-1 Certificate
Exhibit A-3A2    Form of Face of Class 3-A-2 Certificate
Exhibit A-3A3    Form of Face of Class 3-A-3 Certificate
Exhibit A-3A4    Form of Face of Class 3-A-4 Certificate
Exhibit A-30IO   Form of Face of Class 30-IO Certificate
Exhibit A-30PO   Form of Face of Class 30-PO Certificate
Exhibit B-M      Form of Face of Class M Certificate
Exhibit B-B1     Form of Face of Class B-1 Certificate
Exhibit B-B2     Form of Face of Class B-2 Certificate
Exhibit B-B3     Form of Face of Class B-3 Certificate
Exhibit B-B4     Form of Face of Class B-4 Certificate
Exhibit B-B5     Form of Face of Class B-5 Certificate
Exhibit B-B6     Form of Face of Class B-6 Certificate
Exhibit C        Form of Reverse of all Certificates
Exhibit D-1      Loan Group 1 Mortgage Loan Schedule
Exhibit D-2      Loan Group 2 Mortgage Loan Schedule

                                      -v-

Exhibit D-3      Loan Group 3 Mortgage Loan Schedule
Exhibit E        Request for Release of Documents
Exhibit F        Form of Certification of Establishment of Account
Exhibit G-1      Form of Transferor's Certificate
Exhibit G-2A     Form 1 of Transferee's Certificate
Exhibit G-2B     Form 2 of Transferee's Certificate
Exhibit H        Form of Transferee Representation Letter for ERISA
                 Restricted Certificates
Exhibit I        Form of Affidavit Regarding Transfer of Residual Certificate
Exhibit J        List of Recordation States
Exhibit K        Form of Initial Certification
Exhibit L        Form of Final Certification
Exhibit M        Form of Sarbanes-Oxley Certification
Exhibit N        Form of Back-up Certification
Exhibit O        Planned Balance Schedules
Exhibit P        Class 3-A-1 Yield Maintenance Agreement
Exhibit Q        Relevant Servicing Criteria
Exhibit R        Additional Form 10-D Disclosure
Exhibit S        Additional Form 10-K Disclosure
Exhibit T        Form 8-K Disclosure Information
Exhibit U        Additional Disclosure Notification
Exhibit V        Available Combinations
Exhibit W        Form of Request for Exchange of Exchangeable REMIC or
                 Exchangeable Certificates

                                      -vi-

                         POOLING AND SERVICING AGREEMENT

     THIS POOLING AND SERVICING AGREEMENT, dated September 28, 2006, is hereby
executed by and among BANC OF AMERICA FUNDING CORPORATION, as depositor
(together with its permitted successors and assigns, the "Depositor"), WELLS
FARGO BANK, N.A., as securities administrator (together with its permitted
successors and assigns, the "Securities Administrator"), CITIMORTGAGE, INC., as
master servicer (together with its permitted successors and assigns, the "Master
Servicer") and U.S. BANK NATIONAL ASSOCIATION, as trustee (together with its
permitted successors and assigns, the "Trustee").

                                 WITNESSETH THAT:

     In consideration of the mutual agreements herein contained, the Depositor,
the Master Servicer, the Securities Administrator and the Trustee agree as
follows:

                              PRELIMINARY STATEMENT

     In exchange for the Certificates, the Depositor hereby conveys the Trust
Estate to the Trustee to create the Trust. As provided herein, the Securities
Administrator shall make elections to treat the Trust Estate (exclusive of the
Yield Maintenance Agreement, the Reserve Fund and the Exchangeable Certificates
Grantor Trust Account) as three real estate mortgage investment conduits (the
"Upper-Tier REMIC," the "Intermediate Lower-Tier REMIC" and the "Lower-Tier
REMIC," respectively, and each a "REMIC"). The Uncertificated Lower-Tier
Interests will represent the "regular interests" and the Class LR Interest shall
be the "residual interest" in the Lower-Tier REMIC for purposes of the REMIC
Provisions. The Uncertificated Lower-Tier Interests shall constitute the assets
of the Intermediate Lower-Tier REMIC. The Uncertificated Intermediate Lower-Tier
Interests shall constitute the "regular interests" and the Class ILR Interest
shall be the "residual interest" in the Intermediate Lower-Tier REMIC. The
Uncertificated Intermediate Lower-Tier Interests shall constitute the assets of
the Upper-Tier REMIC. The Senior Certificates (other than the Class 1-A-R, Class
30-IO, Class 3-A-1 and Exchangeable Certificates), the Class 3-A-1 Interest, the
Components, the Class M Certificates and the Class B Certificates are referred
to collectively as the "Upper-Tier Regular Interests" and shall constitute
"regular interests" in the Upper-Tier REMIC for purposes of the REMIC
Provisions. The Class UR Interest shall be the "residual interest" in the
Upper-Tier REMIC for purposes of the REMIC Provisions. The Class 1-A-R
Certificate shall represent beneficial ownership of the Class LR Interest, the
Class ILR Interest and the Class UR Interest. The "latest possible maturity
date" for federal income tax purposes of all interests created hereby will be
the REMIC Certificate Maturity Date.

     The following table sets forth characteristics of the Certificates and the
Components, together with the minimum denominations and integral multiples in
excess thereof in which the Classes of Certificates shall be issuable:

                   INITIAL CLASS
               CERTIFICATE BALANCE,                              INTEGRAL
                   MAXIMUM CLASS       PASS-                   MULTIPLES IN
                CERTIFICATE BALANCE   THROUGH     MINIMUM        EXCESS OF
CLASSES         OR NOTIONAL AMOUNT      RATE    DENOMINATION     MINIMUM
------------   --------------------   -------   ------------   ------------
Class 1-A-R        $        100        6.250%    $      100        N/A
Class 1-A-1        $ 62,329,200        5.750%    $    1,000         $1
Class 1-A-2        $ 80,000,000        6.250%    $    1,000         $1
Class 1-A-3        $ 20,352,800          (1)     $    1,000         $1
Class 1-A-4        $ 20,352,800          (2)     $1,000,000         $1
Class 1-A-5        $ 15,000,000          (3)     $    1,000         $1
Class 1-A-6        $ 15,000,000          (4)     $1,000,000         $1
Class 1-A-7        $ 21,229,000        6.250%    $    1,000         $1
Class 1-A-8        $    291,000        6.250%    $    1,000         $1
Class 1-A-9        $  3,917,000        6.000%    $    1,000         $1
Class 1-A-10       $ 35,256,000        6.000%    $    1,000         $1
Class 1-A-11       $  1,566,920        6.250%    $1,000,000        N/A
Class 1-A-12       $ 86,049,000        5.750%    $    1,000         $1
Class 1-A-13       $ 10,600,000        5.750%    $    1,000         $1
Class 1-A-14       $ 21,834,000        6.000%    $    1,000         $1
Class 1-A-15       $    499,000        6.250%    $    1,000         $1
Class 1-A-16       $ 19,679,000        6.250%    $    1,000         $1
Class 1-A-17       $  4,739,320        6.250%    $1,000,000         $1
Class 1-A-18       $  3,585,375        6.000%    $1,000,000         $1
Class 1-A-19       $    441,666        6.000%    $  441,666        N/A
Class 1-A-20       $ 96,649,000        5.750%    $    1,000         $1
Class 1-A-21       $ 96,649,000        6.000%    $    1,000         $1
Class 1-A-22       $ 86,049,000         6.00%    $    1,000         $1
Class 1-A-23       $ 10,600,000        6.000%    $    1,000         $1
Class 1-A-24       $ 39,173,000        6.250%    $    1,000         $1
Class 2-A-1        $194,310,400        6.000%    $    1,000         $1
Class 2-A-2        $ 46,755,600          (5)     $    1,000         $1
Class 2-A-3        $ 48,577,600          (6)     $1,000,000         $1
Class 2-A-4        $  1,822,000          (7)     $    1,000         $1
Class 3-A-1        $ 52,720,000          (8)     $    1,000         $1
Class 3-A-2        $ 52,720,000          (9)     $1,000,000         $1
Class 3-A-3        $  1,833,000        6.000%    $    1,000         $1
Class 3-A-4        $ 16,501,000        6.000%    $    1,000         $1
Class 30-IO        $ 12,022,121         (10)     $1,000,000         $1
Class 30-PO        $    408,843         (11)     $   25,000         $1
Class M            $ 10,057,000         (12)     $   25,000         $1
Class B-1          $  4,669,000         (12)     $   25,000         $1
Class B-2          $  4,669,000         (12)     $   25,000         $1
Class B-3          $  2,874,000         (12)     $   25,000         $1
Class B-4          $  1,796,000         (12)     $   25,000         $1
Class B-5          $  1,436,000         (12)     $   25,000         $1

                                       -2-

                   INITIAL CLASS
               CERTIFICATE BALANCE,                              INTEGRAL
                   MAXIMUM CLASS       PASS-                   MULTIPLES IN
                CERTIFICATE BALANCE   THROUGH     MINIMUM        EXCESS OF
CLASSES         OR NOTIONAL AMOUNT      RATE    DENOMINATION     MINIMUM
------------   --------------------   -------   ------------   ------------
Class B-6          $1,437,380           (12)       $25,000          $1

                                                               INTEGRAL
                                      PASS-                  MULTIPLES IN
                INITIAL COMPONENT   THROUGH     MINIMUM       EXCESS OF
 COMPONENTS      NOTIONAL AMOUNT      RATE    DENOMINATION      MINIMUM
-------------   -----------------   -------   ------------   ------------
Class 1-30-IO       $3,161,460       6.000%        N/A            N/A
Class 2-30-IO       $8,002,427       6.000%        N/A            N/A
Class 3-30-IO       $  858,233       6.000%        N/A            N/A

----------
(1)  During the initial Interest Accrual Period, interest will accrue on the
     Class 1-A-3 Certificates at the rate of 5.700% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 1-A-3
     Certificates at a per annum rate equal to (i) 0.370% plus (ii) LIBOR,
     subject to a minimum rate of 0.370% and a maximum rate of 7.000%.

(2)  During the initial Interest Accrual Period, interest will accrue on the
     Class 1-A-4 Certificates at the rate of 1.300% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 1-A-4
     Certificates at a per annum rate equal to (i) 6.630% minus (ii) LIBOR,
     subject to a minimum rate of 0.000% and a maximum rate of 6.630%.

(3)  During the initial Interest Accrual Period, interest will accrue on the
     Class 1-A-5 Certificates at the rate of 5.640% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 1-A-5
     Certificates at a per annum rate equal to (i) 0.310% plus (ii) LIBOR,
     subject to a minimum rate of 0.310% and a maximum rate of 7.310%.

(4)  During the initial Interest Accrual Period, interest will accrue on the
     Class 1-A-6 Certificates at the rate of 1.670% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 1-A-6
     Certificates at a per annum rate equal to (i) 7.000% minus (ii) LIBOR,
     subject to a minimum rate of 0.000% and a maximum rate of 7.000%.

(5)  During the initial Interest Accrual Period, interest will accrue on the
     Class 2-A-2 Certificates at the rate of 5.730% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 2-A-2
     Certificates at a per annum rate equal to (i) 0.400% plus (ii) LIBOR,
     subject to a minimum rate of 0.400% and a maximum rate of 7.500%.

(6)  During the initial Interest Accrual Period, interest will accrue on the
     Class 2-A-3 Certificates at the rate of 1.770% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 2-A-3
     Certificates at a per annum rate equal to (i) 7.100% minus (ii) LIBOR,
     subject to a minimum rate of 0.000% and a maximum rate of 7.100%.

(7)  During the initial Interest Accrual Period, interest will accrue on the
     Class 2-A-4 Certificates at the rate of 5.730% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 2-A-4
     Certificates at a per annum rate equal to (i) 0.400% plus (ii) LIBOR,
     subject to a minimum rate of 0.400% and a maximum rate of 7.500%.

(8)  During the initial Interest Accrual Period, interest will accrue on the
     Class 3-A-1 Certificates at the rate of 5.930% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 3-A-1
     Certificates at a per annum rate equal to (i) 0.600% plus (ii) LIBOR,
     subject to a minimum rate of 0.600% and a maximum rate of 6.000%.

(9)  During the initial Interest Accrual Period, interest will accrue on the
     Class 3-A-2 Certificates at the rate of 0.070% per annum. During each
     Interest Accrual Period thereafter, interest will accrue on the Class 3-A-2
     Certificates at a per annum rate equal to (i) 5.400% minus (ii) LIBOR,
     subject to a minimum rate of 0.000% and a maximum rate of 5.400%.

(10) The Class 30-IO Certificates are Interest Only Certificates and will be
     deemed for purposes of distributions of interest to consist of three
     Components: the Class 1-30-IO, Class 2-30-IO and Class 3-30-IO Components.
     The Components of the Class 30-IO Certificates are not severable.

(11) The Class 30-PO Certificates are Principal Only Certificates and will not
     be entitled to distributions in respect of interest.

(12) Interest will accrue on the Class M Certificates and Class B Certificates
     for each Distribution Date at a per annum rate equal to the weighted
     average (based on the Group Subordinate Amount for each Loan Group) of (i)
     with respect to Loan Group 1, 6.250%, (ii) with respect to Loan Group 2,
     6.300% and (iii) with respect to Loan Group 3, 6.000%.

                                       -3-

                                    ARTICLE I

                                   DEFINITIONS

     Section 1.01 Defined Terms. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
meanings specified in this Article:

     10-K Filing Deadline: As defined in Section 3.22(c).

     1933 Act: The Securities Act of 1933, as amended.

     Accretion Termination Date: The earlier to occur of (i) the Distribution
Date following the Distribution Date on which the aggregate Class Certificate
Balance of the Class 1-A-2 Certificates has been reduced to zero and (ii) the
Senior Credit Support Depletion Date.

     Accrual Distribution Amount: For any Distribution Date and the Class 1-A-15
Certificates prior to the Accretion Termination Date, an amount with respect to
such Class equal to the sum of (i) the amount allocated but not currently
distributable as interest to such Class pursuant to Section 5.02(a)(i) that is
attributable to clause (i) of the definition of "Interest Distribution Amount,"
and (ii) the amount allocated but not currently distributable as interest to
such Class pursuant to Section 5.02(a)(i) that is attributable to clause (ii) of
the definition of "Interest Distribution Amount."

     Accrued Certificate Interest: For any Distribution Date and each
interest-bearing Class (other than the Class 30-IO Certificates), one month's
interest accrued during the related Interest Accrual Period at the applicable
Pass-Through Rate on the applicable Class Certificate Balance or Notional
Amount. For any Distribution Date and the Class 30-IO Certificates, the sum of
the Accrued Component Interest for each Class 30-IO Component.

     Accrued Component Interest: For any Distribution Date and each IO
Component, one month's interest accrued during the related Interest Accrual
Period at the applicable Pass-Through Rate on the related Notional Amount of the
Class 30-IO Components.

     Additional Disclosure Notification: The form of notification to be included
with any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure or
Form 8-K Disclosure Information which is attached hereto as Exhibit U.

     Additional Form 10-D Disclosure: As defined in Section 3.22(b).

     Additional Form 10-K Disclosure: As defined in Section 3.22(c).

     Additional Servicer: A Subcontractor engaged by the Master Servicer or the
Securities Administrator that is a "servicer" within the meaning of Item 1101 of
Regulation AB and meets the criteria in Item 1108(a)(2)(i) through (iii) of
Regulation AB.

     Adjusted Pool Amount: With respect to any Distribution Date and Loan Group,
the Cut-off Date Pool Principal Balance of the Mortgage Loans of such Loan Group
minus the sum of

                                       -4-

(i) all amounts in respect of principal received in respect of the Mortgage
Loans in such Loan Group (including, without limitation, amounts received as
Monthly Payments, Periodic Advances, Principal Prepayments, Liquidation Proceeds
and Substitution Adjustment Amounts) and distributed to Holders of the
Certificates on such Distribution Date and all prior Distribution Dates and (ii)
the principal portion of all Realized Losses (other than Debt Service
Reductions) incurred on the Mortgage Loans in such Loan Group from the Cut-off
Date through the end of the month preceding such Distribution Date.

     Adjusted Pool Amount (Non-PO Portion): With respect to any Distribution
Date and any Loan Group, the difference between the Adjusted Pool Amount and the
Adjusted Pool Amount (PO Portion) for such Loan Group.

     Adjusted Pool Amount (PO Portion): With respect to any Distribution Date
and any Loan Group, the sum of the amount, calculated as follows, with respect
to each Outstanding Mortgage Loan in such Loan Group: the product of (i) the PO
Percentage for such Mortgage Loan and (ii) the remainder of (A) the Cut-off Date
Principal Balance of such Mortgage Loan minus (B) the sum of (x) all amounts in
respect of principal received in respect of such Mortgage Loan (including,
without limitation, amounts received as Monthly Payments, Periodic Advances,
Principal Prepayments, Liquidation Proceeds and Substitution Adjustment Amounts)
and distributed to Holders of the Certificates on such Distribution Date and all
prior Distribution Dates and (y) the principal portion of any Realized Loss
(other than a Debt Service Reduction) incurred on such Mortgage Loan from the
Cut-off Date through the end of the month preceding such Distribution Date. The
Adjusted Pool Amount (PO Portion) for Loan Group 1 and Loan Group 3 will be
zero.

     Advance: A Periodic Advance or a Servicing Advance.

     Advance Date: As to any Distribution Date and each Mortgage Loan, the
Business Day preceding the related Remittance Date.

     Aggregate Denomination: As to any Class of Exchangeable REMIC or
Exchangeable Certificates and any date of determination, the aggregate of the
Denominations of the Outstanding Certificates of such Class on such date.

     Aggregate Subordinate Percentage: As to any Distribution Date, the
aggregate Class Certificate Balance of the Subordinate Certificates divided by
the aggregate Pool Stated Principal Balance (Non-PO Portion) for all of the Loan
Groups.

     Agreement: This Pooling and Servicing Agreement together with all
amendments hereof and supplements hereto.

     Appraised Value: With respect to any Mortgaged Property, either (i) the
lesser of (a) the appraised value determined in an appraisal obtained by the
originator at origination of such Mortgage Loan or, in certain cases, an
automated valuation model or tax assessed value and (b) the sales price for such
property, except that, in the case of Mortgage Loans the proceeds of which were
used to refinance an existing mortgage loan, the Appraised Value of the related
Mortgaged Property is the appraised value thereof determined in an appraisal
obtained at the time of refinancing or, in certain cases, an automated valuation
model or tax assessed value, or

                                       -5-

(ii) the appraised value determined in an appraisal made at the request of a
Mortgagor subsequent to origination in order to eliminate the Mortgagor's
obligation to keep a Primary Mortgage Insurance Policy in force.

     Assessment of Compliance: As defined in Section 3.21(a).

     Assignment of Mortgage: An individual assignment of the Mortgage, notice of
transfer or equivalent instrument in recordable form, sufficient under the laws
of the jurisdiction wherein the related Mortgaged Property is located to give
record notice of the sale of the Mortgage.

     Attestation Report: As defined in Section 3.21(b).

     Authenticating Agents: As defined in Section 9.10.

     Back-up Certification: As defined in Section 3.22(e).

     BAFC: Banc of America Funding Corporation.

     BAMCC: Banc of America Mortgage Capital Corporation.

     BANA: Bank of America, National Association, a national banking
association, or its successor in interest.

     Book-Entry Certificate: All Classes of Certificates other than the Physical
Certificates.

     Business Day: Any day other than (i) a Saturday or a Sunday or (ii) a day
on which banking institutions in the State of North Carolina, the State of New
York, the states in which the servicing offices of any Servicer are located, the
state or states in which the master servicing offices of the Master Servicer are
located or the state or states in which the Corporate Trust Offices of the
Trustee and the Securities Administrator are located are required or authorized
by law or executive order to be closed.

     Buy-Down Account: The separate Eligible Account or Accounts created and
maintained by a Servicer pursuant to Section 3.08.

     Buy-Down Agreement: An agreement governing the application of Buy-Down
Funds with respect to a Buy-Down Mortgage Loan.

     Buy-Down Funds: Money advanced by a builder, seller or other interested
party to reduce a Mortgagor's monthly payment during the initial years of a
Buy-Down Mortgage Loan.

     Buy-Down Mortgage Loan: Any Mortgage Loan in respect of which, pursuant to
a Buy-Down Agreement, the monthly interest payments made by the related
Mortgagor will be less than the scheduled monthly interest payments on such
Mortgage Loan, with the resulting difference in interest payments being provided
from Buy-Down Funds.

     Calculated Principal Distribution: As defined in Section 5.03(d).

                                       -6-

     Certificate: Any of the Banc of America Funding Corporation Mortgage
Pass-Through Certificates, Series 2006-6 that are issued pursuant to this
Agreement.

     Certificate Account: The Eligible Account created and maintained by the
Securities Administrator pursuant to Section 3.09(b) in the name of the
Securities Administrator, on behalf of the Trustee, for the benefit of the
Certificateholders and designated "Wells Fargo Bank, N.A., as Securities
Administrator for U.S. Bank National Association, as Trustee, in trust for
registered holders of Banc of America Funding Corporation Mortgage Pass-Through
Certificates, Series 2006-6." The Certificate Account shall be deemed to consist
of six sub-accounts; one for each Loan Group, a fourth sub-account referred to
herein as the Intermediate Lower-Tier Certificate Sub-Account, a fifth
sub-account referred to herein as the Upper-Tier Certificate Sub-Account and a
sixth sub-account referred to herein as the Exchangeable Certificates Grantor
Trust Account. Funds in the Certificate Account shall be held in trust for the
Holders of the Certificates for the uses and purposes set forth in this
Agreement.

     Certificate Balance: With respect to any Certificate at any date, the
maximum dollar amount of principal to which the Holder thereof is then entitled
hereunder, such amount being equal to the product of the Percentage Interest of
such Certificate and the Class Certificate Balance of the Class of Certificates
of which such Certificate is a part.

     Certificate Custodian: Initially, Wells Fargo Bank, N.A.; thereafter any
other Certificate Custodian acceptable to the Depository and selected by the
Securities Administrator.

     Certificate Owner: With respect to a Book-Entry Certificate, the Person who
is the beneficial owner of a Book-Entry Certificate. With respect to any
Definitive Certificate, the Certificateholder of such Certificate.

     Certificate Register: The register maintained pursuant to Section 6.02.

     Certificate Registrar: The registrar appointed pursuant to Section 6.02.

     Certificateholder: The Person in whose name a Certificate is registered in
the Certificate Register, except that, solely for the purpose of giving any
consent pursuant to this Agreement, any Certificate registered in the name of
the Depositor, the Master Servicer or any affiliate thereof shall be deemed not
to be outstanding and the Percentage Interest and Voting Rights evidenced
thereby shall not be taken into account in determining whether the requisite
amount of Percentage Interests or Voting Rights, as the case may be, necessary
to effect any such consent has been obtained, unless such entity is the
registered owner of the entire Class of Certificates, provided that neither the
Securities Administrator nor the Trustee shall be responsible for knowing that
any Certificate is registered in the name of an affiliate of the Depositor or
the Master Servicer unless one of its Responsible Officers has actual knowledge
thereof.

     Chase: JPMorgan Chase Bank, National Association, in its capacity as a
Servicer under the Chase Servicing Agreement.

     Chase Servicing Agreement: Collectively, (i) that certain Mortgage Loan
Purchase, Warranties and Servicing Agreement, dated as of May 1, 2005, as
amended by Amendment No. 1, dated as of January 1, 2006, and as further amended
by the Regulation AB Compliance

                                       -7-

Addendum, dated as of January 1, 2006, each by and among BANA, Chase Home
Finance LLC and Chase, and (ii) the Assignment Assumption and Recognition
Agreement, dated September 28, 2006, by and among BANA, the Depositor, the
Trustee, the Master Servicer, Chase Home Finance LLC and Chase. For the purposes
of Section 2.02, the Chase Servicing Agreement shall refer to the Mortgage Loan
Purchase, Warranties and Servicing Agreement, dated as of January 1, 2005, by
and between Chase Home Finance LLC and BANA, as modified by the Assignment,
Assumption and Recognition Agreement, dated June 30, 2006, among J.P. Morgan
Mortgage Acquisition Corp., BANA, Chase, and Chase Home Finance LLC.

     Class: As to the Certificates, the Class 1-A-R, Class 1-A-1, Class 1-A-2,
Class 1-A-3, Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 1-A-7, Class 1-A-8,
Class 1-A-9, Class 1-A-10, Class 1-A-11, Class 1-A-12, Class 1-A-13, Class
1-A-14, Class 1-A-15, Class 1-A-16, Class 1-A-17, Class 1-A-18, Class 1-A-19,
Class 1-A-20, Class 1-A-21, Class 1-A-22, Class 1-A-23, Class 1-A-24, Class
2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 3-A-1, Class 3-A-2, Class
3-A-3, Class 3-A-4, Class 30-IO, Class 30-PO, Class M, Class B-1, Class B-2,
Class B-3, Class B-4, Class B-5 and Class B-6 Certificates, as the case may be.

     Class 1-A-4 Notional Amount: As to any Distribution Date and the Class
1-A-4 Certificates, the Class Certificate Balance of the Class 1-A-3
Certificates on such date.

     Class 1-A-6 Notional Amount: As to any Distribution Date and the Class
1-A-6 Certificates, the Class Certificate Balance of the Class 1-A-5
Certificates on such date.

     Class 1-A-9 Loss Allocation Amount: With respect to any Distribution Date
after the Senior Credit Support Depletion Date, the lesser of (a) the Class
Certificate Balance of the Class 1-A-9 Certificate with respect to such
Distribution Date prior to any reduction for the Class 1-A-9 Loss Allocation
Amount and (b) the Class 1-A-10 Loss Amount with respect to such Distribution
Date.

     Class 1-A-10 Loss Amount: With respect to any Distribution Date after the
Senior Credit Support Depletion Date, the amount, if any, by which the Class
Certificate Balance of the Class 1-A-10 Certificates would be reduced as a
result of the allocation of any reduction pursuant to Section 5.03(b) to such
Class, without regard to the operation of Section 5.03(e).

     Class 1-A-11 Notional Amount: As to any Distribution Date and the Class
1-A-11 Certificates, 4.000% of the sum of the Class Certificate Balances of the
Class 1-A-9 and Class 1-A-10 Certificates on such date.

     Class 1-A-17 Notional Amount: As to any Distribution Date and the Class
1-A-17 Certificates, 4.000% of the sum of the Class Certificate Balances of the
Class 1-A-12, Class 1-A-13 and Class 1-A-14 Certificates on such date.

     Class 1-A-18 Notional Amount: As to any Distribution Date and the Class
1-A-18 Certificates, 4.166666666666667% of the Class Certificate Balance of the
Class 1-A-12 Certificates on such date.

                                       -8-

     Class 1-A-19 Notional Amount: As to any Distribution Date and the Class
1-A-19 Certificates, 4.16666037735849% of the Class Certificate Balance of the
Class 1-A-13 Certificates on such date.

     Class 1-30-IO Notional Amount: With respect to each Distribution Date and
the Class 1-30-IO Component, an amount equal to the product of (i) the aggregate
Stated Principal Balance of the Group 1 Premium Mortgage Loans as of the Due
Date in the month preceding the month of such Distribution Date and (ii) a
fraction, (a) the numerator of which is equal to the weighted average of the Net
Mortgage Interest Rates of the Group 1 Premium Mortgage Loans (based on the
Stated Principal Balances of the Group 1 Premium Mortgage Loans as of the Due
Date in the month preceding the month of such Distribution Date) minus 6.25% and
(b) the denominator of which is equal to 6.00%.

     Class 2-A-3 Notional Amount: As to any Distribution Date and the Class
2-A-3 Certificates, the sum of the Class Certificate Balances of the Class 2-A-2
and Class 2-A-4 Certificates on such date.

     Class 2-30-IO Notional Amount: With respect to each Distribution Date and
the Class 2-30-IO Component, an amount equal to the product of (i) the aggregate
Stated Principal Balance of the Group 2 Premium Mortgage Loans as of the Due
Date in the month preceding the month of such Distribution Date and (ii) a
fraction, (a) the numerator of which is equal to the weighted average of the Net
Mortgage Interest Rates of the Group 2 Premium Mortgage Loans (based on the
Stated Principal Balances of the Group 2 Premium Mortgage Loans as of the Due
Date in the month preceding the month of such Distribution Date) minus 6.30% and
(b) the denominator of which is equal to 6.00%.

     Class 3-A-1 Interest: The REMIC Regular Interest in the Upper-Tier REMIC
that corresponds to the Class 3-A-1 Certificates.

     Class 3-A-2 Notional Amount: As to any Distribution Date and the Class
3-A-2 Certificates, the Class Certificate Balance of the Class 3-A-1
Certificates on such date.

     Class 3-A-3 Loss Allocation Amount: With respect to any Distribution Date
after the Senior Credit Support Depletion Date, the lesser of (a) the Class
Certificate Balance of the Class 3-A-3 Certificate with respect to such
Distribution Date prior to any reduction for the Class 3-A-3 Loss Allocation
Amount and (b) the Class 3-A-4 Loss Amount with respect to such Distribution
Date.

     Class 3-A-4 Loss Amount: With respect to any Distribution Date after the
Senior Credit Support Depletion Date, the amount, if any, by which the Class
Certificate Balance of the Class 3-A-4 Certificates would be reduced as a result
of the allocation of any reduction pursuant to Section 5.03(b) to such Class,
without regard to the operation of Section 5.03(e).

     Class 3-30-IO Notional Amount: With respect to each Distribution Date and
the Class 3-30-IO Component, an amount equal to the product of (i) the aggregate
Stated Principal Balance of the Group 3 Premium Mortgage Loans as of the Due
Date in the month preceding the month of such Distribution Date and (ii) a
fraction, (a) the numerator of which is equal to the weighted average of the Net
Mortgage Interest Rates of the Group 3 Premium Mortgage Loans (based on

                                       -9-

the Stated Principal Balances of the Group 3 Premium Mortgage Loans as of the
Due Date in the month preceding the month of such Distribution Date) minus 6.00%
and (b) the denominator of which is equal to 6.00%.

     Class 30-IO Notional Amount: With respect to any Distribution Date, an
amount equal to the sum of the Class 1-30-IO Notional Amount, the Class 2-30-IO
Notional Amount, and the Class 3-30-IO Notional Amount for such Distribution
Date.

     Class B Certificates: The Class B-1, Class B-2, Class B-3, Class B-4, Class
B-5 and Class B-6 Certificates.

     Class Certificate Balance: With respect to any Class of Certificates (other
than the Class 1-A-4, Class 1-A-6, Class 1-A-11, Class 1-A-17, Class 1-A-18,
Class 1-A-19, Class 2-A-3, Class 3-A-2, Class 30-IO, Exchangeable REMIC and
Exchangeable Certificates) and any date of determination, and subject to Section
5.03(f), an amount equal to the Initial Class Certificate Balance of such Class
(plus, in the case of the Class 1-A-15 Certificates, any Accrual Distribution
Amounts previously added thereto) or, in the case of a Class of Exchangeable
REMIC or Exchangeable Certificates, the Aggregate Denomination, minus (A) the
sum of (i) all distributions of principal made with respect thereto (including
in the case of a Class of Subordinate Certificates, any principal otherwise
payable to such Class of Subordinate Certificates used to pay any PO Deferred
Amounts), (ii) all reductions in Class Certificate Balance previously allocated
thereto pursuant to Section 5.03(b) and (iii) in the case of the Class 1-A-9 and
Class 3-A-3 Certificates, any reduction allocated thereto pursuant to Section
5.03(d) plus (B) the sum of (i) all increases in Class Certificate Balance
previously allocated thereto pursuant to Section 5.03(b) and (ii) in the case of
the Class 1-A-9 and Class 3-A-3 Certificates, any increase allocated thereto
pursuant to Section 5.03(d). The Class 1-A-4, Class 1-A-6, Class 1-A-11, Class
1-A-17, Class 1-A-18, Class 1-A-19, Class 2-A-3, Class 3-A-2 and Class 30-IO
Certificates are Interest Only Certificates and have no Class Certificate
Balance.

     Class Distribution Amount: As to any Distribution Date and each Class of
Exchangeable Certificates, an amount equal to the sum of (i) the Interest
Distribution Amount for such Class and (ii) the Class Principal Distribution
Amount for such Class.

     Class Interest Shortfall: For any Distribution Date and each
interest-bearing Class (other than the Class 30-IO Certificates), the amount by
which Accrued Certificate Interest for such Class (as reduced pursuant to
Section 5.02(c)) exceeds the amount of interest actually distributed on such
Class (or, in the case of the Class 1-A-15 Certificates prior to the Accretion
Termination Date, the amount included in the Accrual Distribution Amount
pursuant to clause (i) of the definition thereof, but not distributed pursuant
to the proviso in Section 5.02(a)(i)) on such Distribution Date pursuant to
clause (i) of the definition of "Interest Distribution Amount." For any
Distribution Date and the Class 30-IO Certificates, the sum of the Component
Interest Shortfalls for the Class 30-IO Components.

     Class Principal Distribution Amount: As to any Distribution Date and each
Class of Exchangeable Certificates, an amount as to principal equal to (i) the
distributions of principal made in respect of the Related Class of Exchangeable
REMIC Certificates pursuant to Section 5.02(b) multiplied by (ii) a fraction,
the numerator of which is the Aggregate Denomination of

                                      -10-

such Class of Exchangeable Certificates and the denominator of which is the
Maximum Initial Class Certificate Balance of such Class of Exchangeable
Certificates.

     Class Unpaid Interest Shortfall: As to any Distribution Date and each
interest-bearing Class (other than the Class 30-IO Certificates), the amount by
which the aggregate Class Interest Shortfalls for such Class on prior
Distribution Dates exceeds the amount of interest actually distributed on such
Class (or, in the case of the Class 1-A-15 Certificates prior to the Accretion
Termination Date, the amount included in the Accrual Distribution Amount
pursuant to clause (ii) of the definition thereof, but not distributed pursuant
to the proviso in Section 5.02(a)(i)) on such prior Distribution Dates pursuant
to clause (ii) of the definition of "Interest Distribution Amount." As to any
Distribution Date and the Class 30-IO Certificates, the sum of the Component
Unpaid Interest Shortfalls for the Class 30-IO Components.

     Closing Date: September 28, 2006.

     Code: The Internal Revenue Code of 1986, as amended.

     Combination: Any Exchangeable Combination or Exchangeable REMIC
Combination.

     Commission: The U.S. Securities and Exchange Commission.

     Compensating Interest: With respect to any Distribution Date and Servicer,
an amount equal to the lesser of (a) the aggregate Servicing Fee payable to such
Servicer for the Mortgage Loans serviced by such Servicer as of the Due Date of
the month preceding the month of such Distribution Date and (b) the aggregate of
the Prepayment Interest Shortfalls on the Mortgage Loans serviced by such
Servicer resulting from Principal Prepayments on such Mortgage Loans during the
calendar month preceding the month of such Distribution Date.

     Compliance Statement: As defined in Section 3.20.

     Component: Any of the IO Components.

     Component Interest Distribution Amount: For any Distribution Date and any
IO Component, the sum of (i) the Accrued Component Interest for such Component
and (ii) any Component Unpaid Interest Shortfall for such Component.

     Component Interest Shortfall: For any Distribution Date and any IO
Component, the amount by which Accrued Component Interest for such Component
exceeds the amount of interest actually distributed on such Component on such
Distribution Date pursuant to clause (i) of the definition of "Component
Interest Distribution Amount."

     Component Notional Amount: As of any Distribution Date, any of the Class
1-30-IO Notional Amount, Class 2-30-IO Notional Amount or Class 3-30-IO Notional
Amount, as applicable.

     Component Unpaid Interest Shortfall: As to any Distribution Date and any IO
Component, the amount by which the aggregate Component Interest Shortfall for
such Component on prior Distribution Dates exceeds the amount of interest
actually distributed on

                                      -11-

such Component on such prior Distribution Dates pursuant to clause (ii) of the
definition of "Component Interest Distribution Amount."

     Cooperative: A private, cooperative housing corporation which owns or
leases land and all or part of a building or buildings, including apartments,
spaces used for commercial purposes and common areas therein and whose board of
directors authorizes, among other things, the sale of Cooperative Stock.

     Cooperative Apartment: A dwelling unit in a multi-dwelling building owned
or leased by a Cooperative, which unit the Mortgagor has an exclusive right to
occupy pursuant to the terms of a proprietary lease or occupancy agreement.

     Cooperative Lease: With respect to a Cooperative Loan, the proprietary
lease or occupancy agreement with respect to the Cooperative Apartment occupied
by the Mortgagor and relating to the related Cooperative Stock, which lease or
agreement confers an exclusive right to the holder of such Cooperative Stock to
occupy such apartment.

     Cooperative Loans: Any of the Mortgage Loans made in respect of a
Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a
Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an
assignment or mortgage of the Cooperative Lease, (iv) financing statements and
(v) a stock power (or other similar instrument), and ancillary thereto, a
Recognition Agreement, each of which was transferred and assigned to the Trust
pursuant to Section 2.01.

     Cooperative Stock: With respect to a Cooperative Loan, the single
outstanding class of stock, partnership interest or other ownership instrument
in the related Cooperative.

     Cooperative Stock Certificate: With respect to a Cooperative Loan, the
stock certificate or other instrument evidencing the related Cooperative Stock.

     Corporate Trust Office: With respect to the Trustee, the office of the
Trustee, which office at the date of the execution of this instrument is located
at 209 South LaSalle Street, Suite 300, Chicago, Illinois 60604, Attention:
Corporate Trust Services, BAFC, Series 2006-6, or at such other address as the
Trustee may designate from time to time by notice to the Certificateholders, the
Depositor, the Securities Administrator and the Master Servicer. With respect to
the Securities Administrator, the principal corporate trust office of the
Securities Administrator at which at any particular time its corporate trust
business with respect to this Agreement is conducted, which office at the date
of the execution of this instrument is located at 9062 Old Annapolis Road,
Columbia, Maryland 21045-1951, Attention: Corporate Trust Services - BAFC
2006-6, and for certificate transfer purposes is located at Sixth Street and
Marquette Avenue, Minneapolis, Minnesota 55479, Attention: Corporate Trust
Services - BAFC 2006-6, or at such other address as the Securities Administrator
may designate from time to time by notice to the Certificateholders, the
Depositor, the Trustee and the Master Servicer.

                                      -12-

     Corresponding Upper-Tier Class, Classes or Component: As to the following
Uncertificated Intermediate Lower-Tier Interests, the Corresponding Upper-Tier
Class, Classes or Component, as follows:

         UNCERTIFICATED                       CORRESPONDING UPPER-TIER
INTERMEDIATE LOWER-TIER INTEREST            CLASS, CLASSES OR COMPONENT
--------------------------------   ---------------------------------------------
Class 1-A-IT1 Interest             Class 1-A-1
Class 1-A-IT2 Interest             Class 1-A-2, Class 1-A-7, Class 1-A-8, Class
                                   1-A-15 and Class 1-A-16
Class 1-A-IT3 Interest             Class 1-A-3 and Class 1-A-4
Class 1-A-IT4 Interest             Class 1-A-5 and Class 1-A-6
Class 1-A-IT5 Interest             Class 1-A-9, Class 1-A-10 and Class 1-A-11
Class 1-A-IT6 Interest             Class 1-A-12 and Class 1-A-18
Class 1-A-IT7 Interest             Class 1-A-13 and Class 1-A-19
Class 1-A-IT8 Interest             Class 1-A-12, Class 1-A-13, Class 1-A-14 and
                                   Class 1-A-17
Class 1-A-ITR Interest             Class 1-A-R
Class 1-ITIO Interest              Class 1-30-IO Component
Class 2-A-IT1 Interest             Class 2-A-1
Class 2-A-IT2 Interest             Class 2-A-2, Class 2-A-3 and Class 2-A-4
Class 2-ITIO Interest              Class 2-30-IO Component
Class 2-ITPO Interest              Class 30-PO
Class 3-A-IT1 Interest             Class 3-A-1 and Class 3-A-2
Class 3-A-IT2 Interest             Class 3-A-3 and Class 3-A-4
Class 3-ITIO Interest              Class 3-30-IO Component
Class M-IT1 Interest               Class M
Class B-IT1 Interest               Class B-1
Class B-IT2 Interest               Class B-2
Class B-IT3 Interest               Class B-3
Class B-IT4 Interest               Class B-4
Class B-IT5 Interest               Class B-5
Class B-IT6 Interest               Class B-6

     Counterparty: Bank of America, National Association.

     Custodian: Initially, the Trustee and thereafter any custodian appointed by
the Trustee pursuant to Section 9.12. A Custodian may (but need not) be the
Trustee or any Person directly or indirectly controlling or controlled by or
under common control of either of them. None of the Master Servicer, any
Servicer or the Depositor, or any Person directly or indirectly controlling or
controlled by or under common control with any such Person may be appointed
Custodian.

     Customary Servicing Procedures: With respect to (i) any Servicer,
procedures (including collection procedures) that a Servicer customarily employs
and exercises in servicing and administering mortgage loans for its own account
and which are in accordance with accepted

                                      -13-

mortgage servicing practices of prudent lending institutions servicing mortgage
loans of the same type as the Mortgage Loans in the jurisdictions in which the
related Mortgaged Properties are located and (ii) the Master Servicer, those
master servicing procedures that constitute customary and usual standards of
practice of prudent mortgage loan master servicers.

     Cut-off Date: September 1, 2006.

     Cut-off Date Pool Principal Balance: For each Loan Group, the aggregate of
the Cut-off Date Principal Balances of the Mortgage Loans in such Loan Group
which is $391,725,850.20 for Loan Group 1, $252,776,825.84 for Loan Group 2 and
$73,822,648.09 for Loan Group 3.

     Cut-off Date Principal Balance: As to any Mortgage Loan, the unpaid
principal balance thereof as of the close of business on the Cut-off Date,
reduced by all installments of principal due on or prior thereto whether or not
paid.

     Debt Service Reduction: As to any Mortgage Loan and any Determination Date,
the excess of (i) the Monthly Payment due on the related Due Date under the
terms of such Mortgage Loan over (ii) the amount of the monthly payment of
principal and/or interest required to be paid with respect to such Due Date by
the Mortgagor as established by a court of competent jurisdiction (pursuant to
an order which has become final and nonappealable) as a result of a proceeding
initiated by or against the related Mortgagor under the Bankruptcy Code, as
amended from time to time (11 U.S.C.); provided that no such excess shall be
considered a Debt Service Reduction so long as (a) the Servicer of such Mortgage
Loan is pursuing an appeal of the court order giving rise to any such
modification and (b)(1) such Mortgage Loan is not in default with respect to
payment due thereunder in accordance with the terms of such Mortgage Loan as in
effect on the Cut-off Date or (2) Monthly Payments are being advanced by the
applicable Servicer, the Master Servicer or the Trustee, as applicable, in
accordance with the terms of such Mortgage Loan as in effect on the Cut-off
Date.

     Debt Service Reduction Mortgage Loan: Any Mortgage Loan that became the
subject of a Debt Service Reduction.

     Defective Mortgage Loan: Any Mortgage Loan which is required to be cured,
repurchased or substituted for pursuant to Sections 2.02 or 2.04.

     Deficient Valuation: As to any Mortgage Loan and any Determination Date,
the excess of (i) the then outstanding indebtedness under such Mortgage Loan
over (ii) the secured valuation thereof established by a court of competent
jurisdiction (pursuant to an order which has become final and nonappealable) as
a result of a proceeding initiated by or against the related Mortgagor under the
Bankruptcy Code, as amended from time to time (11 U.S.C.), pursuant to which
such Mortgagor retained such Mortgaged Property; provided that no such excess
shall be considered a Deficient Valuation so long as (a) the applicable Servicer
is pursuing an appeal of the court order giving rise to any such modification
and (b)(1) such Mortgage Loan is not in default with respect to payments due
thereunder in accordance with the terms of such Mortgage Loan as in effect on
the Cut-off Date or (2) Monthly Payments are being advanced by the applicable
Servicer, the Master Servicer or the Trustee, as applicable, in accordance with
the terms of such Mortgage Loan as in effect on the Cut-off Date.

                                      -14-

     Definitive Certificates: As defined in Section 6.02(c)(iii).

     Denomination: The amount, if any, specified on the face of each Certificate
(other than an Interest Only Certificate) representing the principal portion of
the Initial Class Certificate Balance or Maximum Initial Class Certificate
Balance evidenced by such Certificate. As to any Interest Only Certificate, the
amount specified on the face of each such Certificate representing the portion
of the Initial Notional Amount or Maximum Initial Notional Amount evidenced by
such Certificate.

     Depositor: Banc of America Funding Corporation, a Delaware corporation, or
its successor in interest, as depositor of the Trust Estate.

     Depository: The Depository Trust Company, the nominee of which is Cede &
Co., as the registered Holder of the Book-Entry Certificates or any successor
thereto appointed in accordance with this Agreement. The Depository shall at all
times be a "clearing corporation" as defined in Section 8-102(3) of the Uniform
Commercial Code of the State of New York.

     Depository Participant: A broker, dealer, bank or other financial
institution or other Person for whom from time to time a Depository effects
book-entry transfers and pledges of securities deposited with the Depository.

     Determination Date: With respect to any Distribution Date and for each
Servicer, as defined in the applicable Servicing Agreement.

     Discount Mortgage Loan: Any Group 2 Discount Mortgage Loan with a Net
Mortgage Interest Rate as of the Cut-off Date less than 6.300%.

     Distribution Date: The 25th day of each month beginning in October 2006
(or, if such day is not a Business Day, the next Business Day).

     Document Transfer Event: The 60th day following the day on which either (i)
Wells Fargo Bank is no longer the Servicer of any of the Mortgage Loans
purchased by the Sponsor from Wells Fargo Bank, N.A. or (ii) the senior,
unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by
Fitch.

     Due Date: As to any Distribution Date and each Mortgage Loan, the first day
in the calendar month of such Distribution Date.

     EDGAR: The Commission's Electronic Data Gathering and Retrieval System.

     Eligible Account: Any of (i) an account or accounts maintained with a
federal or state chartered depository institution or trust company the
short-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 debt obligations of such holding company) have the highest
short-term ratings of each Rating Agency at the time any amounts are held on
deposit therein, or (ii) an account or accounts in a depository institution or
trust company in which such accounts are insured by the FDIC (to the limits
established by the FDIC) and the uninsured deposits in which accounts are
otherwise secured such that, as evidenced by an Opinion of Counsel delivered to
the

                                      -15-

Trustee, the Securities Administrator and to each Rating Agency, the
Certificateholders have a claim with respect to the funds in such account or a
perfected first priority security interest against any collateral (which shall
be limited to Permitted Investments) securing such funds that is superior to
claims of any other depositors or creditors of the depository institution or
trust company in which such account is maintained, or (iii) a trust account or
accounts maintained with the trust department of a federal or state chartered
depository institution or trust company (including the Trustee, the Securities
Administrator and the Master Servicer), acting in its fiduciary capacity or (iv)
any other account acceptable to each Rating Agency. Eligible Accounts may bear
interest and may include, if otherwise qualified under this definition, accounts
maintained with the Trustee, the Securities Administrator, the Master Servicer
or BANA.

     ERISA: The Employee Retirement Income Security Act of 1974, as amended.

     ERISA Restricted Certificates: Any of the Class 1-A-R, Class B-4, Class B-5
and Class B-6 Certificates and any Certificate that no longer meets the
applicable rating requirements of an Underwriter's Exemption.

     Escrow Account: As defined in Section 3.08.

     Escrow Payments: The amounts constituting taxes, assessments, Primary
Mortgage Insurance Policy premiums, fire and hazard insurance premiums and other
payments as may be required to be escrowed by the Mortgagor with the mortgagee
pursuant to the terms of any Mortgage Note or Mortgage.

     Events of Default: As defined in Section 8.01.

     Excess Proceeds: With respect to any Liquidated Mortgage Loan, the amount,
if any, by which the sum of any Liquidation Proceeds of such Mortgage Loan
received in the calendar month in which such Mortgage Loan became a Liquidated
Mortgage Loan, net of any amounts previously reimbursed to the applicable
Servicer as Nonrecoverable Advance(s) with respect to such Mortgage Loan
pursuant to Section 3.11(a)(iv), exceeds (i) the unpaid principal balance of
such Liquidated Mortgage Loan as of the Due Date in the month in which such
Mortgage Loan became a Liquidated Mortgage Loan plus (ii) accrued interest at
the Mortgage Interest Rate from the Due Date as to which interest was last paid
or for which a Periodic Advance was made (and not reimbursed) up to the Due Date
applicable to the Distribution Date immediately following the calendar month
during which such liquidation occurred.

     Exchange Act: The Securities Exchange Act of 1934, as amended.

     Exchangeable Certificates: The Class 1-A-20, Class 1-A-21, Class 1-A-22,
Class 1-A-23 and Class 1-A-24 Certificates.

     Exchangeable Certificates Grantor Trust: That portion of the Trust
exclusive of the REMICs consisting of any interests in the Exchangeable REMIC
Certificates beneficially owned in the form of the Exchangeable Certificates and
rights with respect thereto.

                                      -16-

     Exchangeable Certificates Grantor Trust Account: The sub-account of the
Certificate Account designated by the Securities Administrator pursuant to
Section 5.11.

     Exchangeable Combination: Any of the Exchangeable Combination 1,
Exchangeable Combination 2, Exchangeable Combination 3, Exchangeable Combination
4 and Exchangeable Combination 5, as applicable.

     Exchangeable Combination 1: The Class 1-A-24 Certificates.

     Exchangeable Combination 2: The Class 1-A-22 Certificates.

     Exchangeable Combination 3: The Class 1-A-23 Certificates.

     Exchangeable Combination 4: The Class 1-A-20 Certificates.

     Exchangeable Combination 5: The Class 1-A-21 Certificates.

     Exchangeable REMIC Certificates: Any of the Class 1-A-9, Class 1-A-10,
Class 1-A-11, Class 1-A-12, Class 1-A-13, Class 1-A-18 or Class 1-A-19
Certificates.

     Exchangeable REMIC Combination: Any of the Exchangeable REMIC Combination
1, Exchangeable REMIC Combination 2, Exchangeable REMIC Combination 3,
Exchangeable REMIC Combination 4 and Exchangeable REMIC Combination 5, as
applicable.

     Exchangeable REMIC Combination 1: The Class 1-A-9, Class 1-A-10 and Class
1-A-11 Certificates.

     Exchangeable REMIC Combination 2: The Class 1-A-12 and Class 1-A-18
Certificates.

     Exchangeable REMIC Combination 3: The Class 1-A-13 and Class 1-A-19
Certificates.

     Exchangeable REMIC Combination 4: The Class 1-A-12 and Class 1-A-13
Certificates.

     Exchangeable REMIC Combination 5: The Class 1-A-12, Class 1-A-13, Class
1-A-18 and Class 1-A-19 Certificates.

     FDIC: The Federal Deposit Insurance Corporation, or any successor thereto.

     Final Distribution Date: The Distribution Date on which the final
distribution in respect of the Certificates will be made pursuant to Section
10.01.

     Financial Market Service: Bloomberg LP, Intex Solutions, Inc. and any other
financial information provider designated by the Depositor by written notice to
the Securities Administrator.

     FIRREA: The Financial Institutions Reform, Recovery and Enforcement Act of
1989, as amended.

     Fitch: Fitch Ratings, or any successor thereto.

                                      -17-

     Form 8-K Disclosure Information: As defined in Section 3.22(d).

     Fractional Interest: As defined in Section 5.02(d).

     Group: Any of Group 1, Group 2 or Group 3.

     Group 1: The Group 1 Senior Certificates and the Class 1-30-IO Component.

     Group 1 Mortgage Loan: Each Mortgage Loan listed on Exhibit D-1 hereto.

     Group 1 Premium Mortgage Loan: Any Group 1 Mortgage Loan with a Net
Mortgage Interest Rate as of the Cut-off Date that is greater than or equal to
6.250% per annum. All of the Group 1 Mortgage Loans are Group 1 Premium Mortgage
Loans.

     Group 1 Priority Amount: For any Distribution Date will equal the lesser of
(i) the aggregate Maximum Initial Class Certificate Balance (reduced by
distributions of principal made prior to such Distribution Date) of the Class
1-A-9 and Class 1-A-10 Certificates for such Distribution Date and (ii) the
product for such Distribution Date of (a) the Shift Percentage, (b) the Group 1
Priority Percentage and (c) the Non-PO Principal Amount for Loan Group 1.

     Group 1 Priority Percentage: For any Distribution Date will equal (i) the
aggregate Maximum Initial Class Certificate Balance (reduced by distributions of
principal made prior to such Distribution Date) of the Class 1-A-9 and Class
1-A-10 Certificates for such Distribution Date divided by (ii) the Pool Stated
Principal Balance (Non-PO Portion) of Loan Group 1.

     Group 1 Senior Certificates: The Class 1-A-R, Class 1-A-1, Class 1-A-2,
Class 1-A-3, Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 1-A-7, Class 1-A-8,
Class 1-A-9, Class 1-A-10, Class 1-A-11, Class 1-A-12, Class 1-A-13, Class
1-A-14, Class 1-A-15, Class 1-A-16, Class 1-A-17, Class 1-A-18, Class 1-A-19,
Class 1-A-20, Class 1-A-21, Class 1-A-22, Class 1-A-23 and Class 1-A-24
Certificates.

     Group 2: The Group 2 Senior Certificates and the Class 2-30-IO Component.

     Group 2 Discount Mortgage Loan: Any Group 2 Mortgage Loan with a Net
Mortgage Interest Rate as of the Cut-off Date that is less than 6.300% per
annum.

     Group 2 Mortgage Loan: Each Mortgage Loan listed on Exhibit D-2 hereto.

     Group 2 Premium Mortgage Loan: Any Group 2 Mortgage Loan with a Net
Mortgage Interest Rate as of the Cut-off Date that is greater than or equal to
6.300% per annum.

     Group 2 Senior Certificates: The Class 2-A-1, Class 2-A-2, Class 2-A-3,
Class 2-A-4 and Class 30-PO Certificates.

     Group 2 Senior Non-PO Certificates: The Class 2-A-1, Class 2-A-2, Class
2-A-3 and Class 2-A-4 Certificates.

     Group 3: The Group 3 Senior Certificates and the Class 3-30-IO Component.

                                      -18-

     Group 3 Mortgage Loan: Each Mortgage Loan listed on Exhibit D-3 hereto.

     Group 3 Premium Mortgage Loan: Any Group 3 Mortgage Loan with a Net
Mortgage Interest Rate as of the Cut-off Date that is greater than or equal to
6.000% per annum. All of the Group 3 Mortgage Loans are Group 3 Premium Mortgage
Loans.

     Group 3 Priority Amount: For any Distribution Date will equal the lesser of
(i) the aggregate Class Certificate Balance of the Class 3-A-3 and Class 3-A-4
Certificates for such Distribution Date and (ii) the product for such
Distribution Date of (a) the Shift Percentage, (b) the Group 3 Priority
Percentage and (c) the Non-PO Principal Amount for Loan Group 3.

     Group 3 Priority Percentage: For any Distribution Date will equal (i) the
aggregate Class Certificate Balance of the Class 3-A-3 and Class 3-A-4
Certificates for such Distribution Date divided by (ii) the Pool Stated
Principal Balance (Non-PO Portion) of Loan Group 3 immediately prior to such
Distribution Date.

     Group 3 Senior Certificates: The Class 3-A-1, Class 3-A-2, Class 3-A-3 and
Class 3-A-4 Certificates.

     Group Subordinate Amount: With respect to any Distribution Date and any
Loan Group, the excess of the Pool Stated Principal Balance (Non-PO Portion) for
such Loan Group over the aggregate Class Certificate Balance of the Senior
Non-PO Certificates of the Related Group immediately prior to such date.

     Holder: A Certificateholder.

     Independent: When used with respect to any specified Person means such a
Person who (i) is in fact independent of the Depositor, the Trustee, the
Securities Administrator, the Master Servicer and the Servicers, (ii) does not
have any direct financial interest or any material indirect financial interest
in the Depositor, the Trustee, the Securities Administrator, the Master Servicer
or the Servicers or in an affiliate of any of them, and (iii) is not connected
with the Depositor, the Trustee, the Securities Administrator, the Master
Servicer or the Servicers as an officer, employee, promoter, underwriter,
trustee, partner, director or person performing similar functions. When used
with respect to any accountants, a Person who is "independent" within the
meaning of Rule 2-01(B) of the Commission's Regulation S-X.

     Initial Class Certificate Balance: As to each Class of Certificates (other
than the Class 1-A-4, Class 1-A-6, Class 1-A-17, Class 2-A-3, Class 3-A-2, Class
30-IO, Exchangeable and Exchangeable REMIC Certificates), the Class Certificate
Balance set forth in the Preliminary Statement. The Class 1-A-4, Class 1-A-6,
Class 1-A-11, Class 1-A-17, Class 1-A-18, Class 1-A-19, Class 2-A-3, Class 3-A-2
and Class 30-IO Certificates are Interest Only Certificates and have no Initial
Class Certificate Balance.

     Initial Component Notional Amount: As to each IO Component, the Component
Notional Amount set forth in the Preliminary Statement.

     Initial Notional Amount: For the Class 30-IO Certificates, the sum of the
Initial Component Notional Amounts for the Class 1-30-IO, Class 2-30-IO and
Class 3-30-IO

                                      -19-

Components. For the Class 1-A-4, Class 1-A-6, Class 1-A-17, Class 2-A-3 and
Class 3-A-2 Certificates, the respective Notional Amounts set forth in the
Preliminary Statement.

     Insurance Policy: With respect to any Mortgage Loan included in the Trust
Estate, any Primary Mortgage Insurance Policy or any other insurance policy
(including any policy covering any Mortgage Loan or Mortgaged Property,
including without limitation, any hazard insurance policy required pursuant to
Section 3.12, any title insurance policy described in Section 2.01 and any
Federal Housing Administration insurance policies and Department of Veterans
Affairs insurance policies), including all riders and endorsements thereto in
effect, including any replacement policy or policies for any Insurance Policies.

     Insurance Proceeds: Proceeds paid by an insurer pursuant to any Insurance
Policy, in each case other than any amount included in such Insurance Proceeds
in respect of Insured Expenses.

     Insured Expenses: Expenses covered by an Insurance Policy or any other
insurance policy with respect to the Mortgage Loans.

     Interest Accrual Period: As to any Distribution Date and each Class of
interest-bearing Certificates (other than the LIBOR Certificates and the Class
30-IO Certificates) and each IO Component, the period from and including the
first day of the calendar month preceding the calendar month of such
Distribution Date to but not including the first day of the calendar month of
such Distribution Date. As to any Distribution Date and the LIBOR Certificates,
the period from and including the 25th day of the calendar month preceding the
calendar month in which such Distribution Date occurs and ending on the 24th day
of the calendar month in which such Distribution Date occurs.

     Interest Distribution Amount: For any Distribution Date (to the extent of
the applicable Pool Distribution Amount) and each Class of interest-bearing
Certificates (other than the Class 30-IO Certificates), the sum of (i) the
Accrued Certificate Interest, subject to reduction pursuant to Section 5.02(c)
and (ii) any Class Unpaid Interest Shortfall for such Class. For any
Distribution Date and the Class 30-IO Certificates, the sum of the Component
Interest Distribution Amounts for the IO Components.

     Interest Only Certificates: Any Class of Certificates entitled to
distributions of interest, but no distributions of principal. The Class 1-A-4,
Class 1-A-6, Class 1-A-11, Class 1-A-17, Class 1-A-18, Class 1-A-19, Class
2-A-3, Class 3-A-2 and Class 30-IO Certificates are the only Classes of Interest
Only Certificates.

     Intermediate Lower-Tier Certificate Sub-Account: The sub-account of the
Certificate Account designated by the Securities Administrator pursuant to
Section 3.09(i).

     Intermediate Lower-Tier Distribution Amount: As defined in Section 5.02(a).

     Intermediate Lower-Tier REMIC: As defined in the Preliminary Statement, the
assets of which consist of the Uncertificated Lower-Tier Interests and such
amounts as shall from time to time be deemed held in the Intermediate Lower-Tier
Certificate Sub-Account.

                                      -20-

     IO Component: Any of the Class 1-30-IO Component, the Class 2-30-IO
Component and the Class 3-30-IO Component.

     LIBOR: As to any Distribution Date, the arithmetic mean of the London
Interbank Offered Rate quotations for one-month U.S. Dollar deposits, as
determined by the Securities Administrator in accordance with Section 5.09.

     LIBOR Business Day: Any Business Day on which banks are open for dealing in
foreign currency and exchange in London, England and the City of New York.

     LIBOR Certificates: Any of the Class 1-A-3, Class 1-A-4, Class 1-A-5, Class
1-A-6, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 3-A-1 and Class 3-A-2
Certificates.

     Liquidated Mortgage Loan: With respect to any Distribution Date, a
defaulted Mortgage Loan (including any REO Property) that was liquidated in the
calendar month preceding the month of such Distribution Date and as to which the
applicable Servicer has certified (in accordance with the applicable Servicing
Agreement) that it has received all proceeds it expects to receive in connection
with the liquidation of such Mortgage Loan including the final disposition of an
REO Property.

     Liquidation Proceeds: Amounts, including Insurance Proceeds, received in
connection with the partial or complete liquidation of defaulted Mortgage Loans,
whether through trustee's sale, foreclosure sale or otherwise or amounts
received in connection with any condemnation or partial release of a Mortgaged
Property and any other proceeds received in connection with an REO Property,
less the sum of related unreimbursed Servicing Fees and Advances.

     Loan Group: Any of Loan Group 1, Loan Group 2 or Loan Group 3.

     Loan Group 1: The Group 1 Mortgage Loans.

     Loan Group 2: The Group 2 Mortgage Loans.

     Loan Group 3: The Group 3 Mortgage Loans.

     Loan-to-Value Ratio: With respect to any Mortgage Loan and any date of
determination, the fraction, expressed as a percentage, the numerator of which
is the outstanding principal balance of the related Mortgage Loan at origination
and the denominator of which is the Appraised Value of the related Mortgaged
Property.

     Losses: As defined in Section 5.10.

     Lower-Tier Distribution Amount: As defined in Section 5.02(a).

     Lower-Tier REMIC: As defined in the Preliminary Statement, the assets of
which consist of the Mortgage Loans, such amounts as shall from time to time be
held in the Certificate Account (other than amounts held in respect of the
Intermediate Lower-Tier Certificate Sub-Account, the Upper-Tier Certificate
Sub-Account or the Exchangeable Certificates Grantor Trust

                                      -21-

Account), the insurance policies, if any, relating to a Mortgage Loan and
property which secured a Mortgage Loan and which has been acquired by
foreclosure or deed in lieu of foreclosure.

     Lower-Tier REMICs: The Lower-Tier REMIC and the Intermediate Lower-Tier
REMIC.

     Master Servicer: CitiMortgage, Inc., and its successors-in-interest and, if
a successor master servicer is appointed hereunder, such successor, as master
servicer.

     Master Servicer Custodial Account: The Eligible Account created and
maintained by the Master Servicer pursuant to Section 3.09 in the name of the
Master Servicer for the benefit of the Certificateholders and designated
"CitiMortgage, Inc., as Master Servicer, in trust for the registered holders of
Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series
2006-6."

     Master Servicer Custodial Account Reinvestment Income: For each
Distribution Date, all income and gains net of any losses realized since the
preceding Distribution Date from Permitted Investments of funds in the Master
Servicer Custodial Account.

     Master Servicer's Certificate: The monthly report required by Section 4.01.

     Master Servicing Officer: Any officer of the Master Servicer involved in,
or responsible for, the administration and master servicing of the Mortgage
Loans whose name appears on a list of servicing officers furnished to the
Securities Administrator and the Trustee by the Master Servicer, as such list
may from time to time be amended.

     Master Servicing Transfer Costs: All reasonable costs and expenses
(including attorney's fees) incurred by the Trustee or a successor master
servicer in connection with the transfer of master servicing or servicing from a
predecessor master servicer, including, without limitation, any costs or
expenses associated with the complete transfer of all master servicing data or
servicing data and the completion, correction or manipulation of such master
servicing data or servicing data as may be required by the Trustee or successor
master servicer to correct any errors or insufficiencies in the master servicing
data or servicing data or otherwise to enable the Trustee or a successor master
servicer to master service or service, as the case may be, the applicable
Mortgage Loans properly and effectively.

     Maximum Initial Class Certificate Balance: As to each Class of Exchangeable
REMIC or Exchangeable Certificates (other than the Class 1-A-11, Class 1-A-18
and Class 1-A-19 Certificates), the Class Certificate Balance set forth in the
Preliminary Statement. The Class 1-A-11, Class 1-A-18 and Class 1-A-19
Certificates are Interest Only Certificates and have no Maximum Initial Class
Certificate Balance.

     Maximum Initial Notional Amount: As to each Class of Exchangeable REMIC
Certificates that are Interest Only Certificates, the Notional Amount set forth
in the Preliminary Statement.

     MERS: As defined in Section 2.01(b)(iii).

                                      -22-

     Monthly Payment: The scheduled monthly payment on a Mortgage Loan due on
any Due Date allocable to principal and/or interest on such Mortgage Loan which,
unless otherwise specified herein, shall give effect to any related Debt Service
Reduction and any Deficient Valuation that affects the amount of the monthly
payment due on such Mortgage Loan.

     Monthly Statement: As defined in Section 5.04(b).

     Moody's: Moody's Investors Service, Inc., or any successor thereto.

     Mortgage: The mortgage, deed of trust or other instrument creating a first
lien on a Mortgaged Property securing a Mortgage Note or creating a first lien
on a leasehold interest.

     Mortgage File: The mortgage documents listed in Section 2.01 pertaining to
a particular Mortgage Loan and any additional documents required to be added to
the Mortgage File pursuant to this Agreement.

     Mortgage Interest Rate: As to any Mortgage Loan, the per annum rate of
interest at which interest accrues on the principal balance of such Mortgage
Loan in accordance with the terms of the related Mortgage Note.

     Mortgage Loan Purchase Agreement: The Mortgage Loan Purchase Agreement,
dated September 28, 2006, between BANA, as seller, and the Depositor, as
purchaser.

     Mortgage Loan Schedule: The list of Mortgage Loans (as from time to time
amended by the Master Servicer to reflect the addition of Substitute Mortgage
Loans and the deletion of Defective Mortgage Loans pursuant to the provisions of
this Agreement) transferred to the Trustee as part of the Trust Estate and from
time to time subject to this Agreement, attached hereto as Exhibit D-1, Exhibit
D-2 and Exhibit D-3 setting forth the following information with respect to each
Mortgage Loan: (i) the Mortgage Loan identifying number; (ii) a code indicating
whether the Mortgaged Property is owner-occupied; (iii) the property type for
each Mortgaged Property; (iv) the original months to maturity or the remaining
months to maturity from the Cut-off Date; (v) the Loan-to-Value Ratio at
origination; (vi) the Mortgage Interest Rate; (vii) the date on which the first
Monthly Payment was due on the Mortgage Loan, and, if such date is not the Due
Date currently in effect, such Due Date; (viii) the stated maturity date; (ix)
the amount of the Monthly Payment as of the Cut-off Date; (x) the paid-through
date; (xi) the original principal amount of the Mortgage Loan; (xii) the
principal balance of the Mortgage Loan as of the close of business on the
Cut-off Date, after application of payments of principal due on or before the
Cut-off Date, whether or not collected, and after deduction of any payments
collected of scheduled principal due after the Cut-off Date; (xiii) a code
indicating the purpose of the Mortgage Loan; (xiv) a code indicating the
documentation style; (xv) a code indicating the initial Servicer; (xvi) the
Appraised Value; (xvii) the closing date of the Mortgage Loan; and (xviii) a
code indicating whether the Mortgage Loan has a prepayment premium. With respect
to the Mortgage Loans in the aggregate, the Mortgage Loan Schedule shall set
forth the following information, as of the Cut-off Date: (i) the number of
Mortgage Loans; (ii) the current aggregate outstanding principal balance of the
Mortgage Loans; (iii) the weighted average Mortgage Interest Rate of the
Mortgage Loans; and (iv) the weighted average months to maturity of the Mortgage
Loans.

                                      -23-

     Mortgage Loans: Such of the mortgage loans transferred and assigned to the
Trustee pursuant to Section 2.01 as from time to time are held as a part of the
Trust Estate (including any Substitute Mortgage Loans and REO Property), the
Mortgage Loans originally so held being identified in the Mortgage Loan
Schedule.

     Mortgage Note: The originally executed note or other evidence of
indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan,
together with all riders thereto and amendments thereof.

     Mortgaged Property: The underlying property securing a Mortgage Loan, which
may include Cooperative Stock or residential long-term leases.

     Mortgagor: The obligor on a Mortgage Note.

     Net Mortgage Interest Rate: As to any Mortgage Loan and Distribution Date,
such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the
calendar month preceding the month of such Distribution Date reduced by the
Servicing Fee Rate for such Mortgage Loan.

     Non-PO Percentage: As to any Discount Mortgage Loan, a fraction (expressed
as a percentage), the numerator of which is the Net Mortgage Interest Rate as of
the Cut-off Date of such Discount Mortgage Loan and the denominator of which is
6.300% for each Group 2 Discount Mortgage Loan. As to any Mortgage Loan that is
not a Discount Mortgage Loan, 100%.

     Non-PO Principal Amount: As to any Distribution Date and any Loan Group,
the sum of (i) the sum of the applicable Non-PO Percentage of (a) the principal
portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on
the related Due Date (net of unreimbursed Advances and other amounts as to which
the related Servicer is entitled to be reimbursed pursuant to the applicable
Servicing Agreement), (b) the Stated Principal Balance, as of the date of
repurchase, of (i) each Mortgage Loan in such Loan Group that was repurchased by
a Servicer pursuant to the applicable Servicing Agreement as of such
Distribution Date, (ii) each Mortgage Loan in such Loan Group repurchased by the
Sponsor pursuant to the Mortgage Loan Purchase Agreement or a Purchase
Obligation as of such Distribution Date, (iii) each Mortgage Loan in such Loan
Group repurchased by the Depositor pursuant to Section 2.04 or (iv) each
Mortgage Loan in such Loan Group purchased by the Master Servicer pursuant to
Section 10.01, (c) any Substitution Adjustment Amount (net of unreimbursed
Advances and other amounts as to which the related Servicer is entitled to be
reimbursed pursuant to the applicable Servicing Agreement) in connection with a
Defective Mortgage Loan in such Loan Group received during the calendar month
preceding the month of such Distribution Date, (d) any Liquidation Proceeds net
of unreimbursed Advances and other amounts as to which the related servicer is
entitled to be reimbursed pursuant to the applicable Servicing Agreement
allocable to recoveries of principal of Mortgage Loans in such Loan Group that
are not yet Liquidated Mortgage Loans received by a Servicer during the calendar
month preceding the month of such Distribution Date, (e) with respect to each
Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during
the calendar month preceding the month of such Distribution Date, the amount of
Liquidation Proceeds (excluding Excess

                                      -24-

Proceeds) allocable to principal received by a Servicer with respect to such
Mortgage Loan during such period and (f) with respect to each Mortgage Loan, all
Principal Prepayments other than Payahead Amounts on the Mortgage Loans in such
Loan Group received by a Servicer during the calendar month preceding the month
of such Distribution Date; and (ii) the Non-PO Recovery with respect to such
Loan Group for such Distribution Date.

     Non-PO Recovery: As to any Distribution Date and Loan Group, the amount of
all Recoveries received with respect to such Loan Group during the calendar
month preceding the month of such Distribution Date less the PO Recovery with
respect to such Loan Group for such Distribution Date

     Non-Supported Interest Shortfalls: As to any Distribution Date, the amount,
if any, by which the aggregate of Prepayment Interest Shortfalls exceeds the
aggregate Compensating Interest for such Distribution Date.

     Non-U.S. Person: A Person other than a U.S. Person.

     Nonrecoverable Advance: Any portion of an Advance previously made or
proposed to be made in respect of a Mortgage Loan which has not been previously
reimbursed and which, in the good faith judgment of the applicable Servicer will
not or, in the case of a proposed Advance, would not be ultimately recoverable
from the related Mortgagor, related Liquidation Proceeds, Insurance Proceeds or
other recoveries in respect of the related Mortgage Loan.

     Notional Amount: With respect to (a) the Class 1-A-4 Certificates and any
date of determination, the Class 1-A-4 Notional Amount, (b) the Class 1-A-6
Certificates and any date of determination, the Class 1-A-6 Notional Amount, (c)
the Class 1-A-11 Certificates and any date of determination, the Class 1-A-11
Notional Amount, (d) the Class 1-A-17 Certificates and any date of
determination, the Class 1-A-17 Notional Amount, (e) the Class 1-A-18
Certificates and any date of determination, the Class 1-A-18 Notional Amount,
(f) the Class 1-A-19 Certificates and any date of determination, the Class
1-A-19 Notional Amount, (g) the Class 2-A-3 Certificates and any date of
determination, the Class 2-A-3 Notional Amount, (h) the Class 3-A-2 Certificates
and any date of determination, the Class 3-A-2 Notional Amount and (i) the Class
30-IO Certificates and any date of determination, the Class 30-IO Notional
Amount.

     NYCEMA: A New York Consolidation, Extension and Modification Agreement.

     Offered Certificates: The Senior, Class B-1, Class B-2, Class B-3 and Class
M Certificates.

     Officer's Certificate: A certificate signed by the Chairman of the Board,
Vice Chairman of the Board, President or a Vice President and by the Treasurer,
the Secretary or one of the Assistant Treasurers or Assistant Secretaries, or
any other duly authorized officer of the Depositor or the Master Servicer, as
the case may be, and delivered to the Trustee or the Securities Administrator,
as required in this Agreement.

     Opinion of Counsel: A written opinion of counsel acceptable to the Trustee
if such opinion is delivered to the Trustee, or acceptable to the Securities
Administrator if such opinion is delivered to the Securities Administrator, who
may be counsel for the Depositor or the Master

                                      -25-

Servicer, except that any opinion of counsel relating to the qualification of
the Trust Estate as three REMICs or compliance with the REMIC Provisions must be
an opinion of Independent counsel.

     Original Fractional Interest: With respect to each of the following Classes
of Subordinate Certificates, the corresponding percentage described below, as of
the Closing Date:

                                 Class M     2.35%
                                Class B-1    1.70%
                                Class B-2    1.05%
                                Class B-3    0.65%
                                Class B-4    0.40%
                                Class B-5    0.20%
                                Class B-6    0.00%

     Original Subordinate Certificate Balance: $26,938,380.

     OTS: The Office of Thrift Supervision.

     Outstanding Certificate: Any Outstanding Exchangeable Certificate or
Outstanding Exchangeable REMIC Certificate.

     Outstanding Exchangeable Certificate: Any Exchangeable Certificate issued
hereunder; provided, however, that upon the exchange of any Exchangeable
Certificate pursuant to Section 6.04 hereof, the Exchangeable Certificate so
exchanged shall be deemed no longer to be an Outstanding Exchangeable
Certificate, and each Exchangeable REMIC Certificate issued in exchange therefor
shall be deemed to be an Outstanding Exchangeable REMIC Certificate.

     Outstanding Exchangeable REMIC Certificate: Any Exchangeable REMIC
Certificate issued hereunder; provided, however, that upon the exchange of any
Exchangeable REMIC Certificate pursuant to Section 6.04 hereof, the Exchangeable
REMIC Certificate so exchanged shall be deemed no longer to be an Outstanding
Exchangeable REMIC Certificate, and each Exchangeable Certificate issued in
exchange therefor shall be deemed to be an Outstanding Exchangeable Certificate.

     Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan which was
not the subject of a Principal Prepayment in Full, which did not become a
Liquidated Mortgage Loan prior to such Due Date and which was not purchased from
the Trust prior to such Due Date pursuant to Sections 2.02 or 2.04.

     Ownership Interest: As to any Certificate, any ownership or security
interest in such Certificate, including any interest in such Certificate as the
Holder thereof and any other interest therein, whether direct or indirect, legal
or beneficial, as owner or as pledgee.

     PAC Certificates: The Class 1-A-12, Class 1-A-13, Class 1-A-14, Class
1-A-17, Class 1-A-18, Class 1-A-19, Class 1-A-20, Class 1-A-21, Class 1-A-22 and
Class 1-A-23 Certificates.

                                      -26-

     PAC Principal Amount: As to any Distribution Date, the amount, if any, that
would reduce the aggregate Class Certificate Balance of the PAC Certificates to
the applicable balance shown in the table set forth in Exhibit O with respect to
such Distribution Date.

     Pass-Through Rate: As to each Class of interest-bearing Certificates, each
interest-bearing Component and the Class 3-A-1 Interest, the per annum rate set
forth or described in the Preliminary Statement.

     Payahead Amount: As to any Distribution Date and Mortgage Loan, early
prepayments of scheduled installments of principal and interest made by a
Mortgagor during the calendar month preceding the month of such Distribution
Date that are intended by such Mortgagor to be applied on subsequent Due Dates.

     Paying Agent: As defined in Section 9.13.

     Percentage Interest: As to any Certificate (other than a Class of
Exchangeable REMIC or Exchangeable Certificates), the percentage obtained by
dividing the initial Certificate Balance of such Certificate (or the initial
notional amount for the Class 1-A-4, Class 1-A-6, Class 1-A-11, Class 1-A-17,
Class 1-A-18, Class 1-A-19, Class 2-A-3, Class 3-A-2 and Class 30-IO
Certificates) by the Initial Class Certificate Balance or Initial Notional
Amount, as applicable, of the Class of which such Certificate is a part. As to
any Exchangeable REMIC or Exchangeable Certificate, the percentage obtained by
dividing the current Certificate Balance of such Certificate (or current
notional amount for the Class 1-A-11, Class 1-A-18 and Class 1-A-19
Certificates) by the current Class Certificate Balance or current Notional
Amount, as applicable, of the Class of which such Certificate is a part.

     Periodic Advance: With respect to each Servicer, shall have the meaning
given to term "Monthly Advance" in the applicable Servicing Agreement.

     Permitted Investments: One or more of the following:

          (i) obligations of or guaranteed as to principal and interest by the
     United States, Freddie Mac, Fannie Mae or any agency or instrumentality of
     the United States when such obligations are backed by the full faith and
     credit of the United States; provided that such obligations of Freddie Mac
     or Fannie Mae shall be limited to senior debt obligations and mortgage
     participation certificates other than investments in mortgage-backed or
     mortgage participation securities with yields evidencing extreme
     sensitivity to the rate of principal payments on the underlying mortgages,
     which shall not constitute Permitted Investments hereunder;

          (ii) repurchase agreements on obligations specified in clause (i)
     maturing not more than one month from the date of acquisition thereof with
     a corporation incorporated under the laws of the United States or any state
     thereof rated not lower than "P1" by Moody's, "F1" by Fitch and "A-1+" by
     S & P;

          (iii) federal funds, certificates of deposit, demand deposits, time
     deposits and bankers' acceptances (which shall each have an original
     maturity of not more than 90 days and, in the case of bankers' acceptances,
     shall in no event have an original

                                      -27-

     maturity of more than 365 days or a remaining maturity of more than 30
     days) denominated in United States dollars of any U.S. depository
     institution or trust company incorporated under the laws of the United
     States or any state thereof, rated not lower than "P1" by Moody's, "F1" by
     Fitch and "A-1+" by S & P;

          (iv) commercial paper (having original maturities of not more than 365
     days) of any corporation incorporated under the laws of the United States
     or any state thereof which is rated not lower than "P1" by Moody's, "F1" by
     Fitch and "A-1+" by S & P;

          (v) investments in money market funds (including funds of the Master
     Servicer, the Securities Administrator, the Trustee or their affiliates, or
     funds for which an affiliate of the Master Servicer, the Securities
     Administrator or the Trustee acts as advisor, as well as funds for which
     the Master Servicer, the Securities Administrator, the Trustee and their
     affiliates may receive compensation) rated "Aaa" by Moody's, "AAA" by Fitch
     (if rated by Fitch) and "AAAm G" by S&P or otherwise approved in writing by
     each Rating Agency; and

          (vi) other obligations or securities that are acceptable to each
     Rating Agency and, as evidenced by an Opinion of Counsel obtained by the
     Master Servicer, Securities Administrator or Trustee, as the case may be,
     will not affect the qualification of the Trust Estate as three separate
     REMICs;

provided, however, that no instrument shall be a Permitted Investment if it
represents either (a) the right to receive only interest payments with respect
to the underlying debt instrument or (b) the right to receive both principal and
interest payments derived from obligations underlying such instrument and the
principal and interest with respect to such instrument provide a yield to
maturity greater than 120% of the yield to maturity at par of such underlying
obligations.

     Permitted Transferee: Any Person other than (i) the United States, or any
State or any political subdivision thereof, or any agency or instrumentality of
any of the foregoing, (ii) a foreign government, international organization or
any agency or instrumentality of either of the foregoing, (iii) an organization
which is exempt from tax imposed by Chapter 1 of the Code (including the tax
imposed by Section 511 of the Code on unrelated business taxable income) (except
certain farmers' cooperatives described in Code Section 521), (iv) rural
electric and telephone cooperatives described in Code Section 1381(a)(2)(C), (v)
a Person with respect to whom the income on a Residual Certificate is allocable
to a foreign permanent establishment or fixed base, within the meaning of an
applicable income tax treaty, of such Person or any other U.S. Person, and (vi)
any other Person so designated by the Depositor based on an Opinion of Counsel
to the effect that any transfer to such Person may cause the Trust or any other
Holder of a Residual Certificate to incur tax liability that would not be
imposed other than on account of such transfer. The terms "United States,"
"State" and "international organization" shall have the meanings set forth in
Code Section 7701 or successor provisions.

     Person: Any individual, corporation, limited liability company,
partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or government or any agency or political subdivision
thereof.

                                      -28-

     Physical Certificates: The Class 1-A-R, Class B-4, Class B-5 and Class B-6
Certificates.

     Plan: As defined in Section 6.02(e).

     PO Deferred Amount: As to any Distribution Date and the Class 30-PO
Certificates, the sum of the amounts by which the Class Certificate Balance of
the Class 30-PO Certificates will be reduced on such Distribution Date or has
been reduced on prior Distribution Dates as a result of Section 5.03(b) less the
sum of (a) the PO Recoveries for prior Distribution Dates and (b) the amounts
distributed to the Class 30-PO Certificates pursuant to Section 5.02(a)(iii) on
prior Distribution Dates.

     PO Percentage: As to any Discount Mortgage Loan, 100% minus the Non-PO
Percentage for such Mortgage Loan. As to any Mortgage Loan that is not a
Discount Mortgage Loan, 0%.

     PO Principal Amount: As to any Distribution Date and any Loan Group, (i)
the sum of the applicable PO Percentage of (a) the principal portion of each
Monthly Payment (net of unreimbursed Advances and other amounts as to which the
related Servicer is entitled to be reimbursed pursuant to the applicable
Servicing Agreement) due on each Mortgage Loan in such Loan Group on the related
Due Date; (b) the Stated Principal Balance, as of the date of repurchase, of (i)
each Mortgage Loan in such Loan Group that was repurchased by a Servicer
pursuant to the applicable Servicing Agreement as of such Distribution Date,
(ii) each Mortgage Loan in such Loan Group repurchased by the Sponsor pursuant
to the Mortgage Loan Purchase Agreement or a Purchase Obligation as of such
Distribution Date, (iii) each Mortgage Loan in such Loan Group repurchased by
the Depositor pursuant to Section 2.04, or (iv) each Mortgage Loan in each Loan
Group purchased by the Master Servicer pursuant to Section 10.01; (c) any
Substitution Adjustment Amount (net of unreimbursed Advances and other amounts
as to which the related Servicer is entitled to be reimbursed pursuant to the
applicable Servicing Agreement)in connection with any Defective Mortgage Loan in
such Loan Group received with respect to such Distribution Date; (d) any
Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in
such Loan Group that are not yet Liquidated Mortgage Loans received by a
Servicer during the calendar month preceding the month of such Distribution
Date; (e) with respect to each Mortgage Loan in such Loan Group that became a
Liquidated Mortgage Loan during the calendar month preceding the month of such
Distribution Date, the amount of Liquidation Proceeds (excluding Excess
Proceeds) allocable to principal received by a Servicer with respect to such
Mortgage Loan during such period; and (f) all Principal Prepayments other than
Payahead Amounts on the Mortgage Loans in such Loan Group received by a Servicer
during the calendar month preceding the month of such Distribution Date and (ii)
the PO Recovery for such Distribution Date.

     PO Recovery: As to any Distribution Date, the lesser of (a) the PO Deferred
Amount for the Class 30-PO Certificates for such Distribution Date and (b) an
amount equal to the sum as to each Mortgage Loan as to which there has been a
Recovery received during the calendar month preceding the month of such
Distribution Date, of the product of (x) the PO Percentage with respect to such
Mortgage Loan and (y) the amount of the Recovery with respect to such Mortgage
Loan received during the calendar month preceding the month of such Distribution
Date.

                                      -29-

     Pool Distribution Amount: As to any Distribution Date and Loan Group, the
excess of (a) the sum of (i) the aggregate of (A) the interest portion of any
Monthly Payment on a Mortgage Loan in such Loan Group (net of the Servicing Fee)
and the principal portion of any Monthly Payment on a Mortgage Loan in such Loan
Group due on the Due Date in the month in which such Distribution Date occurs
and which is received prior to the related Determination Date and (B) all
Periodic Advances made by a Servicer (or the Master Servicer or the Trustee, as
applicable) in respect of such Loan Group and payments of Compensating Interest
allocable to such Loan Group made by the applicable Servicer in respect of such
Loan Group and such Distribution Date deposited to the Master Servicer Custodial
Account pursuant to Section 3.09(e)(vi); (ii) all Liquidation Proceeds (other
than Excess Proceeds) received on the Mortgage Loans in such Loan Group during
the calendar month preceding the month of such Distribution Date and deposited
to the Master Servicer Custodial Account pursuant to Section 3.09(e)(iii); (iii)
all Principal Prepayments received on the Mortgage Loans in such Loan Group
during the calendar month preceding the month of such Distribution Date and
deposited to the Master Servicer Custodial Account pursuant to Section
3.09(e)(i) during such period; (iv) in connection with any Mortgage Loans that
are Defective Mortgage Loans in such Loan Group, the aggregate of the Purchase
Prices and Substitution Adjustment Amounts remitted on the related Remittance
Date pursuant to Section 3.09(e)(vii); (v) any other amounts in the Master
Servicer Custodial Account deposited therein pursuant to Section 3.09(e)(iv),
(v), (viii), (ix) and (x), in respect of such Distribution Date and such Loan
Group; (vi) any Reimbursement Amount required to be included pursuant to Section
5.02; and (vii) any Non-PO Recovery with respect to such Distribution Date and
Loan Group over (b) any amounts permitted to be withdrawn from the Master
Servicer Custodial Account pursuant to clauses (i) through (viii), inclusive, of
Section 3.11 in respect of such Loan Group.

     Pool Stated Principal Balance: As to any Distribution Date and any Loan
Group, the aggregate Stated Principal Balance of all Mortgage Loans in such Loan
Group that were Outstanding Mortgage Loans immediately following the Due Date in
the month preceding the month in which such Distribution Date occurs.

     Pool Stated Principal Balance (Non-PO Portion): As to any Distribution Date
and any of Loan Group, the sum of the product, for each Mortgage Loan of such
Loan Group, of (a) the Non-PO Percentage of such Mortgage Loan multiplied by (b)
the Stated Principal Balance of such Mortgage Loan that was an Outstanding
Mortgage Loan immediately following the Due Date in the month preceding the
month in which such Distribution Date occurs.

     Premium Mortgage Loan: Any Group 1 Premium Mortgage Loan, Group 2 Premium
Mortgage Loan and Group 3 Premium Mortgage Loan.

     Prepayment Interest Shortfall: As to any Distribution Date and each
Mortgage Loan subject to a Principal Prepayment received during the calendar
month preceding the month of such Distribution Date, the amount, if any, by
which one month's interest at the related Mortgage Interest Rate (net of the
Servicing Fee Rate) on such Principal Prepayment exceeds the amount of interest
paid in connection with such Principal Prepayment.

                                      -30-

     Primary Mortgage Insurance Policy: Each policy of primary mortgage guaranty
insurance or any replacement policy therefor with respect to any Mortgage Loan,
in each case issued by an insurer acceptable to Fannie Mae or Freddie Mac.

     Principal Only Certificates: Any Class of Certificates entitled to
distributions of principal, but to no distributions of interest. The Class 30-PO
Certificates are the only Principal Only Certificates.

     Principal Prepayment: With respect to each Mortgage Loan, any payment or
other recovery of principal on a Mortgage Loan (other than Liquidation Proceeds
or Payahead Amounts) which is received in advance of its scheduled Due Date and
is not accompanied by an amount of interest representing scheduled interest due
on any date or dates in any month or months subsequent to the month of
prepayment.

     Principal Prepayment in Full: Any Principal Prepayment of the entire
principal balance of a Mortgage Loan.

     Private Certificates: The Class B-4, Class B-5 and Class B-6 Certificates.

     Pro Rata Share: As to any Distribution Date and any Class of Subordinate
Certificates that is not a Restricted Class, the portion of the Subordinate
Principal Distribution Amounts allocable to such Class, equal to the product of
the Subordinate Principal Distribution Amounts for such Distribution Date and a
fraction, the numerator of which is the related Class Certificate Balance
thereof and the denominator of which is the aggregate Class Certificate Balance
of the Subordinate Certificates that are not Restricted Classes. The Pro Rata
Share of a Restricted Class shall be 0%.

     Purchase Obligation: An obligation of the Sponsor or the Depositor to
purchase Mortgage Loans under the circumstances and in the manner provided in
Section 2.02 or 2.04.

     Purchase Price: With respect to each Mortgage Loan that was a Defective
Mortgage Loan repurchased on any date pursuant to Section 2.02 or 2.04, an
amount equal to the sum of (i) the Stated Principal Balance of the Mortgage
Loan, (ii) interest on such Stated Principal Balance at the Mortgage Interest
Rate from the date on which interest has last been paid and distributed through
the last day of the month in which such repurchase takes place and (iii) any
costs and damages incurred by the Trust in connection with any violation by such
repurchased Mortgage Loan of any predatory or abusive lending law, less (x)
amounts received or advanced in respect of such repurchased Mortgage Loan which
are being held in the applicable Servicer Custodial Account for distribution in
the month of repurchase and (y) if the Person repurchasing such Mortgage Loan is
servicing such Mortgage Loan under the related Servicing Agreement, the
Servicing Fee for such Mortgage Loan.

     Rate Determination Date: As to any Class of LIBOR Certificates, the second
LIBOR Business Day prior to the beginning of the applicable Interest Accrual
Period for such Class and such Distribution Date.

     Rating Agency: Each of S&P, Fitch and Moody's. If any such organization or
a successor is no longer in existence, "Rating Agency" shall be such nationally
recognized

                                      -31-

statistical rating organization, or other comparable Person, as is designated by
the Depositor, notice of which designation shall be given to the Trustee, the
Master Servicer and the Securities Administrator. References herein to a given
rating or rating category of a Rating Agency shall mean such rating category
without giving effect to any modifiers.

     Realized Loss: With respect to each Liquidated Mortgage Loan, an amount as
of the date of such liquidation, equal to (i) the unpaid principal balance of
the Liquidated Mortgage Loan as of the date of such liquidation, plus (ii)
interest at the Net Mortgage Interest Rate from the Due Date as to which
interest was last paid or advanced (and not reimbursed) to Certificateholders up
to the Due Date in the month in which Liquidation Proceeds are required to be
distributed on the Stated Principal Balance of such Liquidated Mortgage Loan
from time to time, minus (iii) the Liquidation Proceeds, if any, received during
the month in which such liquidation occurred, to the extent applied as
recoveries of interest at the Net Mortgage Interest Rate and to principal of the
Liquidated Mortgage Loan. With respect to each Mortgage Loan that has become the
subject of a Deficient Valuation, if the principal amount due under the related
Mortgage Note has been reduced, the difference between the principal balance of
the Mortgage Loan outstanding immediately prior to such Deficient Valuation and
the principal balance of the Mortgage Loan as reduced by the Deficient
Valuation. With respect to each Mortgage Loan that has become the subject of a
Debt Service Reduction and any Distribution Date, the amount, if any, by which
the principal portion of the related Monthly Payment has been reduced.

     Recognition Agreement: With respect to a Cooperative Loan, the recognition
agreement between the Cooperative and the originator of such Cooperative Loan.

     Record Date: The last day of the month (or, if such day is not a Business
Day, the preceding Business Day) preceding the month of the related Distribution
Date.

     Recovery: Any amount received on a Mortgage Loan subsequent to such
Mortgage Loan being determined to be a Liquidated Mortgage Loan.

     Regular Interest: A "regular interest" in a REMIC within the meaning of
Section 860G(a)(1) of the Code.

     Regulation AB: Subpart 229.1100 - Asset Backed Securities (Regulation AB),
17 C.F.R. Sections 229.1100 - 229.1123, as such may be amended from time to
time, and subject to such clarification and interpretation as have been provided
by the Commission in the adopting release (Asset-Backed Securities, Securities
Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the
staff of the Commission, or as may be provided by the Commission or its staff
from time to time.

     Regular Interest: A "regular interest" in a REMIC within the meaning of
Section 860G(a)(1) of the Code.

     Related: As to any Class of Exchangeable REMIC Certificates, each Class of
Exchangeable Certificates in its Combination. As to any Class of Exchangeable
Certificates, each Class of Exchangeable REMIC Certificates in its Combination

     Related Group: For Loan Group 1, Group 1; for Loan Group 2, Group 2 and for
Loan Group 3, Group 3.

                                      -32-

     Related Loan Group: For Group 1, Loan Group 1; for Group 2, Loan Group 2;
and for Group 3, Loan Group 3.

     Relevant Servicing Criteria: The Servicing Criteria applicable to the
various parties, as set forth on Exhibit Q attached hereto. For clarification
purposes, multiple parties can have responsibility for the same Relevant
Servicing Criteria. With respect to a Servicing Function Participant engaged by
the Master Servicer, the Securities Administrator, the Custodian or any
Servicer, the term "Relevant Servicing Criteria" may refer to a portion of the
Relevant Servicing Criteria applicable to such parties.

     Relief Act: The Servicemembers Civil Relief Act, as it may be amended from
time to time.

     Relief Act Reduction: With respect to any Distribution Date, for any
Mortgage Loan as to which there has been a reduction in the amount of interest
collectible thereon for the most recently ended calendar month as a result of
the application of the Relief Act or comparable state legislation, the amount,
if any, by which (i) interest collectible on such Mortgage Loan for the most
recently ended calendar month is less than (ii) interest accrued pursuant to the
terms of the Mortgage Note on the same principal amount and for the same period
as the interest collectible on such Mortgage Loan for the most recently ended
calendar month.

     REMIC: A "real estate mortgage investment conduit" within the meaning of
Section 860D of the Code. The Reserve Fund and the Yield Maintenance Agreement
will not be assets of any REMIC created hereunder.

     REMIC Certificate Maturity Date: The "latest possible maturity date" of the
Upper-Tier Regular Interests.

     REMIC Provisions: Provisions of the federal income tax law relating to real
estate mortgage investment conduits, which appear at Section 860A through 860G
of Subchapter M of Chapter 1 of the Code, and related provisions, and
regulations promulgated thereunder, as the foregoing may be in effect from time
to time, as well as provisions of applicable state laws.

     Remittance Date: The 18th day of each month beginning in October 2006 (or,
if such day is not a Business Day, the preceding Business Day).

     REO Disposition Period: As defined in Section 3.15.

     REO Proceeds: Proceeds, net of any related expenses of a Servicer received
in respect of any REO Property (including, without limitation, proceeds from the
rental of the related Mortgaged Property) which are received prior to the final
liquidation of such Mortgaged Property.

     REO Property: A Mortgaged Property acquired by a Servicer servicing the
related Mortgage Loan on behalf of the Trust through foreclosure or deed-in-lieu
of foreclosure in connection with a defaulted Mortgage Loan.

     Reportable Event: As defined in Section 3.22(d).

                                      -33-

     Reporting Servicer: As defined in Section 3.22(c)(i).

     Request for Release: The Request for Release submitted by a Servicer to the
Custodian on behalf of the Trustee, substantially in the form attached hereto as
Exhibit E.

     Required Insurance Policy: With respect to any Mortgage Loan, any insurance
policy which is required to be maintained from time to time under this Agreement
in respect of such Mortgage Loan.

     Reserve Fund: The Eligible Account created and maintained by the Securities
Administrator pursuant to Section 3.09(d) in the name of the Securities
Administrator, on behalf of the Trustee, for the benefit of the Holders of the
Class 3-A-1 Certificates and designated "Reserve Fund, Wells Fargo Bank, N.A.,
as Securities Administrator for U.S. Bank National Association, as Trustee, in
trust for registered holders of Banc of America Funding Corporation Mortgage
Pass-Through Certificates, Series 2006-6." Amounts on deposit in the Class 3-A-1
Reserve Fund shall not be invested. The Reserve Fund shall not be an asset of
any REMIC formed under this Agreement.

     Reserve Fund Grantor Trust: That portion of the Trust exclusive of the
REMICs consisting of (i) the right of the Class 3-A-1 Certificates to receive
amounts from the Reserve Fund, (ii) the Yield Maintenance Agreement and (iii)
the Class 3-A-1 Interests.

     Residual Certificate: The Class 1-A-R Certificate.

     Responsible Officer: When used with respect to the Trustee or the
Securities Administrator, any officer of the Corporate Trust Department of the
Trustee or the Securities Administrator, as applicable, including any Senior
Vice President, any Vice President, any Assistant Vice President, any Assistant
Secretary, any Trust Officer or Assistant Trust Officer, or any other officer of
the Trustee or Securities Administrator, as applicable, customarily performing
functions similar to those performed by any of the above designated officers and
having direct responsibility for the administration of this Agreement.

     Restricted Classes: As defined in Section 5.02(d).

     Sarbanes-Oxley Certification: As defined in Section 3.22(e).

     Securities Administrator: Wells Fargo Bank, N.A., and its
successors-in-interest and, if a successor securities administrator is appointed
hereunder, such successor, as securities administrator.

     Security Agreement: With respect to a Cooperative Loan, the agreement or
mortgage creating a security interest in favor of the originator of the
Cooperative Loan in the related Cooperative Stock.

     Senior Certificates: The 1-A-R, Class 1-A-1, Class 1-A-2, Class 1-A-3,
Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 1-A-7, Class 1-A-8, Class 1-A-9,
Class 1-A-10, Class 1-A-11, Class 1-A-12, Class 1-A-13, Class 1-A-14, Class
1-A-15, Class 1-A-16, Class 1-A-17, Class 1-A-18, Class 1-A-19, Class 1-A-20,
Class 1-A-21, Class 1-A-22, Class 1-A-23, Class 1-A-24,

                                      -34-

Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 3-A-1, Class 3-A-2,
Class 3-A-3, Class 3-A-4, Class 30-IO and Class 30-PO Certificates.

     Senior Credit Support Depletion Date: The date on which the aggregate Class
Certificate Balance of the Subordinate Certificates has been reduced to zero.

     Senior Non-PO Certificates: The Senior Certificates other than the Class
30-PO Certificates.

     Senior Percentage: With respect to any Distribution Date and Loan Group,
the percentage, carried to six places rounded up, obtained by dividing (i) the
sum of the aggregate Class Certificate Balance of the Senior Non-PO Certificates
of the Related Group immediately prior to such Distribution Date, by (ii) the
Pool Stated Principal Balance (Non-PO Portion) of such Loan Group for such
Distribution Date.

     Senior Prepayment Percentage: For any Distribution Date and Loan Group
during the five (5) years beginning on the first Distribution Date, 100%. The
Senior Prepayment Percentage for any Loan Group and for any Distribution Date
occurring on or after the fifth anniversary of the first Distribution Date will,
except as provided herein, be as follows: for any Distribution Date in the first
(1st) year thereafter, the Senior Percentage for such Loan Group plus 70% of the
Subordinate Percentage for such Loan Group for such Distribution Date; for any
Distribution Date in the second (2nd) year thereafter, the Senior Percentage for
such Loan Group plus 60% of the Subordinate Percentage for such Loan Group for
such Distribution Date; for any Distribution Date in the third (3rd) year
thereafter, the Senior Percentage for such Loan Group plus 40% of the
Subordinate Percentage for such Loan Group for such Distribution Date; for any
Distribution Date in the fourth (4th) year thereafter, the Senior Percentage for
such Loan Group plus 20% of the Subordinate Percentage for such Loan Group for
such Distribution Date; and for any Distribution Date in the fifth (5th) or
later years thereafter, the Senior Percentage for such Loan Group for such
Distribution Date (unless on any of the foregoing Distribution Dates, the Total
Senior Percentage exceeds the initial Total Senior Percentage, in which case the
Senior Prepayment Percentage for each Loan Group for such Distribution Date will
once again equal 100%). Notwithstanding the foregoing, no decrease in the Senior
Prepayment Percentage for a Loan Group will occur unless both of the Senior Step
Down Conditions are satisfied.

     Senior Principal Distribution Amount: As to any Distribution Date and any
Loan Group, the sum of (a) the Senior Percentage for such Loan Group of the
applicable Non-PO Percentage of the amounts described in clauses (i)(a) through
(d) of the definition of "Non-PO Principal Amount" for such Distribution Date
and Loan Group and (b) the Senior Prepayment Percentage for such Loan Group of
(1) the applicable Non-PO Percentage of the amounts described in clauses (i)(e)
and (f) and (2) the amount described in clause (ii) of the definition of "Non-PO
Principal Amount" for such Distribution Date and Loan Group.

     Senior Step Down Conditions: As of any Distribution Date and as to which
any decrease in the Senior Prepayment Percentage for any Loan Group applies, (i)
the outstanding principal balance of all Mortgage Loans (including, for this
purpose, any Mortgage Loans in foreclosure, any REO Property and any Mortgage
Loan for which the Mortgagor has filed for bankruptcy after the Closing Date)
delinquent 60 days or more (averaged over the preceding six month

                                      -35-

period), as a percentage of the aggregate Class Certificate Balance of the
Subordinate Certificates, is not equal to or greater than 50% or (ii) cumulative
Realized Losses with respect to such Mortgage Loans as of the applicable
Distribution Date do not exceed the percentages of the Original Subordinate
Certificate Balance set forth below:

                                                   PERCENTAGE OF
                                                ORIGINAL SUBORDINATE
          DISTRIBUTION DATE OCCURRING           CERTIFICATE BALANCE
          -----------------------------------   --------------------
          October 2011 through September 2012            30%
          October 2012 through September 2013            35%
          October 2013 through September 2014            40%
          October 2014 through September 2015            45%
          October 2015 and thereafter                    50%

     Servicer: Any of Wells Fargo Bank, SunTrust, Washington Mutual or Chase,
each in their capacity as a servicer of the Mortgage Loans, or any successor
servicer appointed as herein provided.

     Servicer Custodial Accounts: The separate accounts created and maintained
by each of the Servicers pursuant to the applicable Servicing Agreement.

     Servicing Advance: With respect to each Servicer, shall have the meaning
given to the term "Servicing Advances" in the applicable Servicing Agreement.

     Servicing Agreements: Any of the Wells Fargo Servicing Agreement, the
SunTrust Servicing Agreement, the Washington Mutual Servicing Agreement and the
Chase Servicing Agreement.

     Servicing Criteria: The criteria set forth in paragraph (d) of Item 1122 of
Regulation AB, as such may be amended from time to time

     Servicing Fee: With respect to each Servicer, as defined in the applicable
Servicing Agreement.

     Servicing Fee Rate: With respect to each Mortgage Loan, as defined in the
applicable Servicing Agreement.

     Servicing File: With respect to each Mortgage Loan, as defined in the
applicable Servicing Agreement.

     Servicing Function Participant: Any Subcontractor utilized by the Master
Servicer, the Securities Administrator or the Custodian that is "participating
in the servicing function" within the meaning of Item 1122 of Regulation AB.

                                      -36-

     Servicing Officer: With respect to each Servicer, as defined in the related
Servicing Agreement.

     Servicing Transfer Costs: All reasonable costs and expenses of the Master
Servicer or the Trustee, as applicable, related to any termination of a
Servicer, appointment of a successor Servicer or the transfer and assumption of
servicing by the Master Servicer or the Trustee, as applicable, with respect to
any Servicing Agreement (including, without limitation, (i) all legal costs and
expenses and all due diligence costs and expenses associated with an evaluation
of the potential termination of the Servicer as a result of an event of default
by such Servicer and (ii) any costs or expenses associated with the complete
transfer of all servicing data and the completion, correction or manipulation of
such servicing data as may be required by the Master Servicer or the Trustee, as
applicable, to correct any errors or insufficiencies in the servicing data or
otherwise to enable the Master Servicer or the Trustee, as applicable, to
service the Mortgage Loans properly and effectively).

     Shift Percentage: For any Distribution Date will be the percentage
indicated below:

           DISTRIBUTION DATE OCCURRING IN           SHIFT PERCENTAGE
           --------------------------------------   ----------------
           October 2006 through September 2011...           0%
           October 2011 through September 2012...          30%
           October 2012 through September 2013...          40%
           October 2013 through September 2014...          60%
           October 2014 through September 2015...          80%
           October 2015 and thereafter...........         100%

     Similar Law: As defined in Section 6.02(e).

     Sponsor: Bank of America, National Association, a national banking
association, or its successor in interest, as seller of the Mortgage Loans under
the Mortgage Loan Purchase Agreement.

     Stated Principal Balance: As to any Mortgage Loan and Due Date, the unpaid
principal balance of such Mortgage Loan as of such date as specified in the
amortization schedule at the time relating thereto (before any adjustment to
such amortization schedule by reason of any moratorium or similar waiver or
grace period) after giving effect to any previous partial Principal Prepayments
and Liquidation Proceeds net of unreimbursed expenses and unreimbursed Advances
allocable to principal (other than with respect to any Liquidated Mortgage Loan)
and to the payment of principal due on such Due Date and irrespective of any
delinquency in payment by the related Mortgagor, and after giving effect to any
Deficient Valuation.

     Subcontractor: Any vendor, subcontractor or other Person that is not
responsible for the overall servicing of Mortgage Loans but performs one or more
discrete functions identified in

                                      -37-

Item 1122(d) of Regulation AB with respect to Mortgage Loans under the direction
or authority of the Master Servicer, the Securities Administrator or the
Custodian.

     Subordinate Balance Ratio: As of any date of determination, the ratio among
the principal balances of the Class 1-LS Interest, Class 2-LS Interest and Class
3-LS Interest equal to the ratio among the Group Subordinate Amounts of Loan
Group 1, Loan Group 2 and Loan Group 3.

     Subordinate Certificates: The Class B and Class M Certificates.

     Subordinate Percentage: As of any Distribution Date and Loan Group, 100%
minus the Senior Percentage for such Loan Group for such Distribution Date.

     Subordinate Prepayment Percentage: As to any Distribution Date and Loan
Group, 100% minus the Senior Prepayment Percentage for such Loan Group and such
Distribution Date.

     Subordinate Principal Distribution Amount: With respect to any Distribution
Date and any Loan Group, an amount equal to the sum of (a) the Subordinate
Percentage for such Loan Group of the applicable Non-PO Percentage of the
amounts described in clauses (i)(a) through (d) of the definition of "Non-PO
Principal Amount" for such Distribution Date and Loan Group and (b) the
Subordinate Prepayment Percentage for such Loan Group of the applicable Non-PO
Percentage of the amounts described in clauses (i)(e) and (f) and (2) the amount
described in clause (ii) of the definition of "Non-PO Principal Amount" for such
Distribution Date and Loan Group.

     Substitute Mortgage Loan: A Mortgage Loan substituted for a Defective
Mortgage Loan which must, on the date of such substitution (i) have a Stated
Principal Balance, after deduction of the principal portion of the Monthly
Payment due in the month of substitution, not in excess of the Stated Principal
Balance of the Defective Mortgage Loan; (ii) have a Net Mortgage Interest Rate
not less than, and not more than 2% greater than that of the Defective Mortgage
Loan; (iii) be of the same type as the Defective Mortgage Loan, (iv) have a
Loan-to-Value Ratio not higher than that of the Defective Mortgage Loan, (v)
have a credit score not less than that of the Defective Mortgage Loan, (vi) have
a credit grade not lower in quality than that of the Defective Mortgage Loan,
(vii) have a remaining term to maturity not greater than (and not more than one
(1) year less than) that of the Defective Mortgage Loan; (viii) have the same
lien priority as the Defective Mortgage Loan; and (ix) comply with each Mortgage
Loan representation and warranty set forth in the Mortgage Loan Purchase
Agreement or the related Servicing Agreement, as the case may be. More than one
Substitute Mortgage Loan may be substituted for a Defective Mortgage Loan if
such Substitute Mortgage Loans meet the foregoing attributes in the aggregate.

     Substitution Adjustment Amount: As defined in Section 2.02.

     SunTrust: SunTrust Mortgage, Inc., in its capacity as a Servicer under the
SunTrust Servicing Agreement.

     SunTrust Servicing Agreement: Collectively, (i) the Flow Sale and Servicing
Agreement, dated as of February 1, 2004, by and between BANA (as successor in
interest to Banc of America Mortgage Capital Corporation), as purchaser, and
SunTrust, as seller, (ii) that

                                      -38-

certain Amendment No. 1, dated as of June 1, 2004, by and between BANA and
SunTrust, (iii) that certain Master Assignment, Assumption and Recognition
Agreement, dated September 1, 2004, by and among BAMCC, SunTrust, BANA and
Wachovia Bank, National Association, (iv) that certain Amendment No. 2, dated as
of November 1, 2004, by and between BANA and SunTrust, (v) that certain
Regulation AB Compliance Addendum to the Flow Sale and Servicing Agreement,
dated as of January 1, 2006, by and between BANA and SunTrust, (vi) that certain
Memorandum of Sale, dated as of May 25, 2006, by and between BANA and SunTrust,
(vii) that certain Memorandum of Sale, dated as of June 9, 2006, by and between
BANA and SunTrust, (viii) that certain Memorandum of Sale, dated as of July 25,
2006, by and between BANA and SunTrust, and (ix) the Assignment, Assumption and
Recognition Agreement, dated September 28, 2006, by and among BANA, the
Depositor, the Trustee, the Master Servicer and SunTrust.

     Tax Matters Person: Any person designated as "tax matters person" in
accordance with Section 5.06 and the manner provided under Treasury Regulation
Section 1.860F-4(d) and Treasury Regulation Section 301.6231(a)(7)-1.

     Telerate Page 3750: As defined in Section 5.09.

     Total Senior Percentage: With respect to any Distribution Date, the
percentage, carried six places rounded up, obtained by dividing (x) the
aggregate Class Certificate Balance of the Senior Non-PO Certificates by (y) the
aggregate Pool Stated Principal Balance (Non-PO Portion) for all Loan Groups
with respect to such Distribution Date.

     Treasury Regulations: The final and temporary regulations promulgated under
the Code by the U.S. Department of the Treasury.

     Trust: The trust created by this Agreement, which shall be named the "Banc
of America Funding 2006-6 Trust."

     Trust Estate: The segregated pool of assets subject hereto, constituting
the primary trust created hereby and to be administered hereunder, with respect
to a portion of which three REMIC elections are to be made, such entire Trust
Estate consisting of: (i) such Mortgage Loans as from time to time are subject
to this Agreement, together with the Mortgage Files relating thereto, and
together with all collections thereon and proceeds thereof, (ii) any REO
Property, together with all collections thereon and proceeds thereof, (iii) the
Trustee's rights with respect to the Mortgage Loans under all insurance policies
required to be maintained pursuant to this Agreement and any proceeds thereof,
(iv) the right to receive amounts, if any, payable on behalf of any Mortgagor
from the Buy-Down Account relating to any Buy-Down Mortgage Loan, (v) the
Depositor's rights under the Servicing Agreements and the Mortgage Loan Purchase
Agreement (including any security interest created thereby), (vi) the Securities
Administrator's rights under the Yield Maintenance Agreement and (vii) the
Servicer Custodial Accounts, the Master Servicer Custodial Account, the
Certificate Account and the Reserve Fund and such assets that are deposited
therein from time to time and any investments thereof, together with any and all
income, proceeds and payments with respect thereto. The Buy-Down Account shall
not be part of the Trust Estate.

                                      -39-

     Trustee: U.S. Bank National Association, and its successors-in-interest
and, if a successor trustee is appointed hereunder, such successor, as trustee.

     Uncertificated Lower-Tier Interest: A regular interest in the Lower-Tier
REMIC which is held as an asset of the Intermediate Lower-Tier REMIC and is
entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of
the Class 1-L Interest, Class 1-LS Interest, Class 1-LIO Interest, Class 2-L
Interest, Class 2-LS Interest, Class 2-LIO Interest, Class 2-LPO Interest, Class
3-L Interest, Class 3-LS Interest and Class 3-LIO Interest are Uncertificated
Lower-Tier Interests.

     Uncertificated Intermediate Lower-Tier Interest: A regular interest in the
Intermediate Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC
and is entitled to monthly distributions as provided in Section 5.02(a) hereof.
Any of the Class 1-A-IT1 Interest, Class 1-A-IT2 Interest, Class 1-A-IT3
Interest, Class 1-A-IT4 Interest, Class 1-A-IT5 Interest, Class 1-A-IT6
Interest, Class 1-A-IT7 Interest, Class 1-A-IT8 Interest, Class 1-A-ITR
Interest, Class 1-ITIO Interest, Class 2-A-IT1 Interest, Class 2-A-IT2 Interest,
Class 2-ITIO Interest, Class 2-ITPO Interest, Class 3-A-IT1 Interest, Class
3-A-IT2 Interest, Class 3-ITIO Interest, Class M-IT1 Interest, Class B-IT1
Interest, Class B-IT2 Interest, Class B-IT3 Interest, Class B-IT4 Interest,
Class B-IT5 Interest and Class B-IT6 Interest are Uncertificated Intermediate
Lower-Tier Interests.

     Undercollateralized Amount: As defined in Section 5.02.

     Undercollateralized Group: As defined in Section 5.02.

     Underwriter's Exemption: An exemption listed in footnote 1 of, and as
amended by, Prohibited Transaction Exemption 2002-41, 67 Fed. Reg. 54487 (August
22, 2002) and any successor exemption.

     Uninsured Cause: Any cause of damage to a Mortgaged Property, the cost of
the complete restoration of which is not fully reimbursable under the hazard
insurance policies required to be maintained pursuant to Section 3.12.

     Upper-Tier Certificate Sub-Account: The deemed sub-account of the
Certificate Account designated by the Securities Administrator pursuant to
Section 3.09(i).

     Upper-Tier Regular Interest: As defined in the Preliminary Statement.

     Upper-Tier REMIC: As defined in the Preliminary Statement, the assets of
which consist of the Uncertificated Intermediate Lower-Tier Interests and such
amounts as shall from time to time be deemed to be held in the Upper-Tier
Certificate Sub-Account.

     U.S. Person: A citizen or resident of the United States, a corporation or
partnership (unless, in the case of a partnership, Treasury Regulations are
adopted that provide otherwise) created or organized in or under the laws of the
United States, any state thereof or the District of Columbia, including an
entity treated as a corporation or partnership for federal income tax purposes,
an estate whose income is subject to United States federal income tax regardless
of its source, or a trust if a court within the United States is able to
exercise primary supervision over the administration of such trust, and one or
more such U.S. Persons have the authority to control all substantial decisions
of such trust (or, to the extent provided in applicable Treasury

                                      -40-

Regulations, certain trusts in existence on August 20, 1996 which are eligible
to elect to be treated as U.S. Persons).

     Voting Rights: The portion of the voting rights of all of the Certificates
which is allocated to any Certificate. As of any date of determination, (a) 1%
of all Voting Rights shall be allocated to the Holders of the Class 1-A-4
Certificates, (b) 1% of all Voting Rights shall be allocated to the Holders of
the Class 1-A-6 Certificates, (c) 1% of all Voting Rights shall be allocated to
the Holders of the Class 1-A-11 Certificates, (d) 1% of all Voting Rights shall
be allocated to the Holders of the Class 1-A-17 Certificates, (e) 1% of all
Voting Rights shall be allocated to the Holders of the Class 1-A-18
Certificates, (f) 1% of all Voting Rights shall be allocated to the Holders of
the Class 1-A-19 Certificates, (g) 1% of all Voting Rights shall be allocated to
the Holders of the Class 2-A-3 Certificates, (h) 1% of all Voting Rights shall
be allocated to the Holders of the Class 3-A-2 Certificates, (i) 1% of all
Voting Rights shall be allocated to the Holders of the Class 30-IO Certificates,
(j) 1% of all Voting Rights shall be allocated to the Holder of the Residual
Certificate and (k) the remaining Voting Rights shall be allocated among Holders
of the remaining Classes of Senior Certificates in proportion to the Certificate
Balances of their respective Certificates on such date.

     Washington Mutual: Washington Mutual Bank, in its capacity as a Servicer
under the Washington Mutual Servicing Agreement.

     Washington Mutual Servicing Agreement: Collectively, (i) that certain
Mortgage Loan Purchase and Sale Agreement (Amended and Restated), dated as of
July 1, 2003, by and among Washington Mutual Bank fsb, Washington Mutual and
BANA (as successor in interest to BAMCC) as amended by (a) that certain Master
Assignment, Assumption and Recognition Agreement (the "MAAR"), dated as of July
1, 2004, by and among BAMCC, BANA and Washington Mutual and (b) that certain
Regulation AB Amendment to the Mortgage Loan Purchase and Sale Agreement, dated
as of January 1, 2006, by and among Washington Mutual Bank fsb, Washington
Mutual and BANA, (ii) the Servicing Agreement (Amended and Restated), dated as
of July 1, 2003, by and between BANA and Washington Mutual, as amended by (a)
the MAAR and (b) that certain Regulation AB Amendment to the Servicing
Agreement, dated as of January 1, 2006, by and between Washington Mutual and
BANA, (iii) that certain Term Sheet, dated as of June 21, 2006, by and between
Washington Mutual and BANA and (iv) the Assignment, Assumption and Recognition
Agreement, dated September 28, 2006, by and among BANA, the Depositor, the
Trustee, the Master Servicer and Washington Mutual.

     Wells Fargo Bank: Wells Fargo Bank, N.A., in its capacity as Servicer under
the Wells Fargo Servicing Agreement.

     Wells Fargo Servicing Agreement: Collectively, (i) that certain Second
Amended and Restated Master Seller's Warranties and Servicing Agreement, dated
as of May 1, 2006, by and between BANA and Wells Fargo Bank, (ii) that certain
Second Amended and Restated Master Mortgage Loan Purchase Agreement, dated as of
May 1, 2006, by and between BANA and Wells Fargo Bank, (iii) that certain
Assignment and Conveyance Agreement, dated as of May 24, 2006, and (iv) the
Assignment, Assumption and Recognition Agreement, dated September 28, 2006, by
and among BANA, the Depositor, the Trustee, the Master Servicer and Wells Fargo
Bank.

                                      -41-

     Yield Maintenance Agreement: The yield maintenance agreement between the
Securities Administrator, on behalf of the Trust, and the Counterparty, which
will be for the benefit of the Class 3-A-1 Certificates, substantially in the
form attached hereto as Exhibit O. The Yield Maintenance Agreement shall not be
an asset of any REMIC formed under this Agreement.

     Yield Maintenance Agreement Payment: For any Distribution Date prior to and
including the Distribution Date in March 2013, the amount, if any, required to
be paid by the Counterparty to the Securities Administrator under the Yield
Maintenance Agreement.

     Section 1.02 Interest Calculations. All calculations of interest will be
made on a 360-day year consisting of twelve (12) 30-day months. All dollar
amounts calculated hereunder shall be rounded to the nearest penny with one-half
of one penny being rounded down.

                                   ARTICLE II

                          CONVEYANCE OF MORTGAGE LOANS
                        ORIGINAL ISSUANCE OF CERTIFICATES

     Section 2.01 Conveyance of Mortgage Loans. (a) The Depositor, concurrently
with the execution and delivery hereof, hereby sells, transfers, assigns, sets
over and otherwise conveys to the Trustee on behalf of the Trust for the benefit
of the Certificateholders, without recourse, all the right, title and interest
of the Depositor in and to the Mortgage Loans and the related Mortgage Files,
including all interest and principal received on or with respect to the Mortgage
Loans (other than payments of principal and interest due and payable on the
Mortgage Loans on or before the Cut-off Date) and the Depositor's rights under
the Mortgage Loan Purchase Agreement, including the rights of the Depositor as
assignee of the Sponsor with respect to the Sponsor's rights under the Servicing
Agreements. The foregoing sale, transfer, assignment and set over does not and
is not intended to result in a creation of an assumption by the Trustee of any
obligation of the Depositor or any other Person in connection with the Mortgage
Loans or any agreement or instrument relating thereto, except as specifically
set forth herein. It is agreed and understood by the parties hereto that it is
not intended that any mortgage loan be included in the Trust that is a
"High-Cost Home Loan" as defined in any of (i) the New Jersey Home Ownership Act
effective November 27, 2003, (ii) the New Mexico Home Loan Protection Act
effective January 1, 2004, (iii) the Massachusetts Predatory Home Loan Practices
Act effective November 7, 2004 or (iv) the Indiana Home Loan Practices Act,
effective January 1, 2005.

     (b) In connection with such transfer and assignment, the Depositor has
delivered or caused to be delivered to the Trustee, or a Custodian on behalf of
the Trustee, for the benefit of the Certificateholders, the following documents
or instruments with respect to each Mortgage Loan so assigned:

          (i) the original Mortgage Note, endorsed by manual or facsimile
     signature in the following form: "Pay to the order of U.S. Bank National
     Association, as trustee for holders of Banc of America Funding Corporation
     Mortgage Pass-Through Certificates, Series 2006-6, without recourse," with
     all necessary intervening endorsements showing a complete chain of
     endorsement from the originator to the Trustee (each such endorsement being
     sufficient to transfer all right, title and interest of the party so
     endorsing, as

                                      -42-

     noteholder or assignee thereof, in and to that Mortgage Note) and, in the
     case of any Mortgage Loan originated in the State of New York documented by
     a NYCEMA, the NYCEMA, the new Mortgage Note, if applicable, the
     consolidated Mortgage Note and the consolidated Mortgage;

          (ii) except as provided below and other than with respect to the
     Mortgage Loans purchased by the Sponsor from Wells Fargo Bank, the original
     recorded Mortgage with evidence of a recording thereon, or if any such
     Mortgage has not been returned from the applicable recording office or has
     been lost, or if such public recording office retains the original recorded
     Mortgage, a copy of such Mortgage certified by the applicable Servicer
     (which may be part of a blanket certification) as being a true and correct
     copy of the Mortgage;

          (iii) subject to the provisos at the end of this paragraph, a duly
     executed Assignment of Mortgage to "U.S. Bank National Association, as
     trustee for the holders of Banc of America Funding Corporation Mortgage
     Pass-Through Certificates, Series 2006-6" (which may be included in a
     blanket assignment or assignments), together with, except as provided below
     and other than with respect to the Mortgage Loans purchased by the Sponsor
     from Wells Fargo Bank, originals of all interim recorded assignments of
     such mortgage or a copy of such interim assignment certified by the
     applicable Servicer (which may be part of a blanket certification) as being
     a true and complete copy of the original recorded intervening assignments
     of Mortgage (each such assignment, when duly and validly completed, to be
     in recordable form and sufficient to effect the assignment of and transfer
     to the assignee thereof, under the Mortgage to which the assignment
     relates); provided that, if the related Mortgage has not been returned from
     the applicable public recording office, such Assignment of Mortgage may
     exclude the information to be provided by the recording office; and
     provided, further, if the related Mortgage has been recorded in the name of
     Mortgage Electronic Registration Systems, Inc. ("MERS") or its designee, no
     Assignment of Mortgage in favor of the Trustee will be required to be
     prepared or delivered and instead, the Master Servicer shall enforce the
     obligations of the applicable Servicer to take all actions as are necessary
     to cause the Trust to be shown as the owner of the related Mortgage Loan on
     the records of MERS for purposes of the system of recording transfers of
     beneficial ownership of mortgages maintained by MERS;

          (iv) the originals of all assumption, modification, consolidation or
     extension agreements, if any, with evidence of recording thereon, if any;

          (v) other than with respect to the Mortgage Loans purchased by the
     Sponsor from Wells Fargo Bank, any of (A) the original or duplicate
     original mortgagee title insurance policy and all riders thereto, (B) a
     title search showing no lien (other than standard exceptions) on the
     Mortgaged Property senior to the lien of the Mortgage or (C) an opinion of
     counsel of the type customarily rendered in the applicable jurisdiction in
     lieu of a title insurance policy;

          (vi) the original of any guarantee executed in connection with the
     Mortgage Note;

                                      -43-

          (vii) for each Mortgage Loan, if any, which is secured by a
     residential long-term lease, a copy of the lease with evidence of recording
     indicated thereon, or, if the lease is in the process of being recorded, a
     photocopy of the lease, certified by an officer of the respective prior
     owner of such Mortgage Loan or by the applicable title insurance company,
     closing/settlement/escrow agent or company or closing attorney to be a true
     and correct copy of the lease transmitted for recordation;

          (viii) the original of any security agreement, chattel mortgage or
     equivalent document executed in connection with the Mortgage; and

          (ix) for each Mortgage Loan secured by Cooperative Stock (other than
     with respect to any Mortgage Loan secured by Cooperative Stock purchased by
     the Sponsor from Wells Fargo Bank), the originals of the following
     documents or instruments:

               (A) The Cooperative Stock Certificate;

               (B) The stock power executed in blank;

               (C) The executed Cooperative Lease;

               (D) The executed Recognition Agreement;

               (E) The executed assignment of Recognition Agreement, if any;

               (F) The executed UCC-1 financing statement with evidence of
          recording thereon; and

               (G) Executed UCC-3 financing statements or other appropriate UCC
          financing statements required by state law, evidencing a complete and
          unbroken line from the mortgagee to the Trustee with evidence of
          recording thereon (or in a form suitable for recordation).

provided, however, that on the Closing Date, with respect to item (iii), if an
Assignment of Mortgage is required to be recorded as set forth below, the
Depositor has delivered to the Trustee or a Custodian on behalf of the Trustee,
as the case may be, a copy of such Assignment of Mortgage in blank rather than
in the name of the Trustee and has caused the applicable Servicer to retain the
completed Assignment of Mortgage for recording as described below, unless such
Mortgage has been recorded in the name of MERS or its designee. In addition, if
the Depositor is unable to deliver or cause the delivery of any original
Mortgage Note due to the loss of such original Mortgage Note, the Depositor may
deliver a copy of such Mortgage Note, together with a lost note affidavit, and
shall thereby be deemed to have satisfied the document delivery requirements of
this Section 2.01(b).

     If in connection with any Mortgage Loans, the Depositor cannot deliver (A)
the Mortgage, (B) all interim recorded assignments, (C) all assumption,
modification, consolidation or extension agreements, if any, or (D) the lender's
title policy, if any, (together with all riders thereto), if applicable,
satisfying the requirements of clause (ii), (iii), (iv) or (v) above,
respectively, concurrently with the execution and delivery hereof because such
document or

                                      -44-

documents have not been returned from the applicable public recording office in
the case of clause (ii), (iii) or (iv) above, or because the title policy, if
applicable, has not been delivered to any of the related Servicer, the Sponsor
or the Depositor, as applicable, by the applicable title insurer, if any, in the
case of clause (v) above, the Depositor shall promptly deliver or cause to be
delivered to the Trustee or a Custodian on behalf of the Trustee, as the case
may be, in the case of clause (ii), (iii) or (iv) above, such Mortgage, such
interim assignment or such assumption, modification, consolidation or extension
agreement, as the case may be, with evidence of recording indicated thereon upon
receipt thereof from the public recording office, but in no event shall any such
delivery of any such documents or instruments be made later than one (1) year
following the Closing Date, unless, in the case of clause (ii), (iii) or (iv)
above, there has been a continuing delay at the applicable recording office or,
in the case of clause (v), there has been a continuing delay at the applicable
insurer and the Depositor has delivered an Officer's Certificate to such effect
to the Trustee. The Depositor shall forward or cause to be forwarded to the
Trustee or a Custodian, on behalf of the Trustee, as the case may be, (1) from
time to time additional original documents evidencing an assumption or
modification of a Mortgage Loan and (2) any other documents required to be
delivered by the Depositor, or the applicable Servicer to the Trustee or a
Custodian on the Trustee's behalf, as the case may be. In the event that the
original Mortgage is not delivered and in connection with the payment in full of
the related Mortgage Loan the public recording office requires the presentation
of a "lost instruments affidavit and indemnity" or any equivalent document,
because only a copy of the Mortgage can be delivered with the instrument of
satisfaction or reconveyance, the Depositor shall prepare, execute and deliver
or cause to be prepared, executed and delivered, on behalf of the Trust, such a
document to the public recording office.

     Upon discovery by the Depositor or notice from Wells Fargo Bank, the Master
Servicer, the Securities Administrator or Trustee that a Document Transfer Event
has occurred, the Depositor shall, with respect to Mortgage Loans purchased by
the Sponsor from Wells Fargo Bank, deliver or cause to be delivered to the
Trustee or a Custodian, on behalf of the Trustee, within 60 days copies (which
may be in electronic form mutually agreed upon by the Depositor and the Trustee
or such Custodian) of the following additional documents or instruments to the
Mortgage File with respect to each such Mortgage Loan; provided, however, that
originals of such documents or instruments shall be delivered to the Trustee or
a Custodian on behalf of the Trustee, as applicable, if originals are required
under the law in which the related Mortgaged Property is located in order to
exercise all remedies available to the Trust under applicable law following
default by the related Mortgagor:

          (1) other than if the related Mortgage has been recorded in the name
of MERS or its designee, originals of all interim recorded assignments of such
mortgage or a copy of such interim assignments certified by Wells Fargo Bank
(which may be part of a blanket certification) as being a true and complete copy
of the original recorded intervening assignments of Mortgage (each such
assignment, when duly and validly completed, to be in recordable form and
sufficient to effect the assignment of and transfer to the assignee thereof,
under the Mortgage to which the assignment relates);

          (2) the original or a certified copy of the lender's title insurance
policy;

                                      -45-

          (3) the original Mortgage with evidence of recording thereon, and the
original recorded power of attorney, if the Mortgage was executed pursuant to a
power of attorney, with evidence of recording thereon or, if such Mortgage or
power of attorney has been submitted for recording but has not been returned
from the applicable public recording office, has been lost or is not otherwise
available, a copy of such Mortgage or power of attorney, as the case may be,
certified to be a true and complete copy of the original submitted for
recording; and

          (4) for each Mortgage Loan secured by Cooperative Stock, the originals
of the following documents or instruments:

               (A) The Cooperative Stock Certificate;

               (B) The stock power executed in blank;

               (C) The executed Cooperative Lease;

               (D) The executed Recognition Agreement;

               (E) The executed assignment of Recognition Agreement, if any;

               (F) The executed UCC-1 financing statement with evidence of
          recording thereon; and

               (G) Executed UCC-3 financing statements or other appropriate UCC
          financing statements required by state law, evidencing a complete and
          unbroken line from the mortgagee to the Trustee with evidence of
          recording thereon (or in a form suitable for recordation).

     With respect to each Mortgage Loan, as promptly as practicable subsequent
to such transfer and assignment, the Master Servicer shall (except for any
Mortgage which has been recorded in the name of MERS or its designee) enforce
the obligations of the related Servicer pursuant to the related Servicing
Agreement to (I) cause each Assignment of Mortgage to be in proper form for
recording in the appropriate public office for real property records within the
time period required in the applicable Servicing Agreement and (II) at the
Depositor's expense, cause to be delivered for recording in the appropriate
public office for real property records the Assignments of the Mortgages to the
Trustee, except that, with respect to any Assignment of a Mortgage as to which
the related Servicer has not received the information required to prepare such
assignment in recordable form, such Servicer's obligation to do so and to
deliver the same for such recording shall be as soon as practicable after
receipt of such information and in accordance with the applicable Servicing
Agreement.

     No recording of an Assignment of Mortgage will be required in a state if
either (i) the Depositor furnishes to the Trustee and the Securities
Administrator an unqualified Opinion of Counsel reasonably acceptable to the
Trustee and the Securities Administrator to the effect that recordation of such
assignment is not necessary under applicable state law to preserve the Trustee's
interest in the related Mortgage Loan against the claim of any subsequent
transferee of such Mortgage Loan or any successor to, or creditor of, the
Depositor or the originator of such Mortgage Loan or (ii) the recordation of an
Assignment of Mortgage in such state is not required

                                      -46-

by either Rating Agency in order to obtain the initial ratings on the
Certificates on the Closing Date. Exhibit J attached hereto sets forth the list
of all states where recordation is required by any Rating Agency to obtain the
initial ratings of the Certificates. The Securities Administrator and the
Trustee may rely and shall be protected in relying upon the information
contained in such Exhibit J.

     In the case of Mortgage Loans that have been prepaid in full as of the
Closing Date, the Depositor, in lieu of delivering the above documents to the
Trustee, or a Custodian on the Trustee's behalf, will cause the applicable
Servicer to remit to the Master Servicer for deposit in the Master Servicer
Custodial Account the portion of such payment that is required to be deposited
in the such account pursuant to Section 3.09.

     Section 2.02 Acceptance by the Trustee or Custodian of the Mortgage Loans.
Subject to the provisions of the following paragraph, the Trustee declares that
it, or a Custodian as its agent, will hold the documents referred to in Section
2.01 and the other documents delivered to it or a Custodian as its agent, as the
case may be, constituting the Mortgage Files, and that it will hold such other
assets as are included in the Trust Estate delivered to it, in trust for the
exclusive use and benefit of all present and future Certificateholders. Upon
execution and delivery of this document, the Trustee shall deliver or cause a
Custodian to deliver to the Depositor and the Master Servicer a certification in
the form attached hereto as Exhibit K (the "Initial Certification") to the
effect that, except as may be specified in a list of exceptions attached
thereto, such Person has received the original Mortgage Note relating to each of
the Mortgage Loans listed on the Mortgage Loan Schedule.

     Within 90 days after the execution and delivery of this Agreement, the
Trustee shall review, or cause a Custodian, on behalf of the Trustee, to review,
the Mortgage Files in such Person's possession, and shall deliver to the
Depositor and the Master Servicer a certification in the form attached hereto as
Exhibit L (the "Final Certification") to the effect that, as to each Mortgage
Loan listed in the Mortgage Loan Schedule, except as may be specified in a list
of exceptions attached to such Final Certification, such Mortgage File contains
all of the items required to be delivered pursuant to Section 2.01(b). In
performing any such review, the Trustee or a Custodian, as the case may be, may
conclusively rely on the purported genuineness of any such document and any
signature thereon.

     If, in the course of such review, the Trustee, or a Custodian on its
behalf, finds any document constituting a part of a Mortgage File which does not
meet the requirements of Section 2.01 or is omitted from such Mortgage File or
if the Depositor, the Master Servicer, the Trustee, a Custodian or the
Securities Administrator discovers a breach by a Servicer, the Sponsor or the
Depositor of any representation, warranty or covenant under the Servicing
Agreements, the Mortgage Loan Purchase Agreement or this Agreement, as the case
may be, in respect of any Mortgage Loan and such breach materially adversely
affects the interest of the Certificateholders in the related Mortgage Loan
(provided that any such breach that causes the Mortgage Loan not to be a
"qualified mortgage" within the meaning of Section 860G(a)(3) of the Code shall
be deemed to materially and adversely affect the interests of the
Certificateholders), then such party shall promptly so notify the Master
Servicer, the Sponsor, such Servicer, the Securities Administrator, the Trustee
and the Depositor of such failure to meet the requirements of Section 2.01 or of
such breach and request that the applicable Servicer, the Sponsor or the
Depositor, as

                                      -47-

applicable, deliver such missing documentation or cure such defect or breach
within 90 days of its discovery or its receipt of notice of any such failure to
meet the requirements of Section 2.01 or of such breach. If the Trustee receives
written notice that the Depositor, the Sponsor or the applicable Servicer, as
the case may be, has not delivered such missing document or cured such defect or
breach in all material respects during such period, the Trustee, on behalf of
the Trust, shall enforce the applicable Servicer's, Sponsor's or Depositor's
obligation, as the case may be, under the applicable Servicing Agreement, the
Mortgage Loan Purchase Agreement or this Agreement, as the case may be, and
cause the applicable Servicer, the Sponsor or the Depositor, as the case may be,
to either (a) other than in the case of Washington Mutual, substitute for the
related Mortgage Loan a Substitute Mortgage Loan, which substitution shall be
accomplished in the manner and subject to the conditions set forth below or (b)
purchase such Mortgage Loan from the Trust at the Purchase Price for such
Mortgage Loan; provided, however, that in no event shall such a substitution
occur more than two years from the Closing Date; provided, further, that such
substitution or repurchase must occur within 90 days of when such defect was
discovered if such defect will cause the Mortgage Loan not to be a "qualified
mortgage" within the meaning of Section 860G(a)(3) of the Code.

     Notwithstanding any contrary provision of this Agreement, no substitution
pursuant to this Section 2.02 shall be made more than 90 days after the Closing
Date unless the Depositor delivers to the Securities Administrator an Opinion of
Counsel, which Opinion of Counsel shall not be at the expense of the Trustee,
the Securities Administrator or the Trust Estate, addressed to the Trustee and
the Securities Administrator, to the effect that such substitution will not (i)
result in the imposition of the tax on "prohibited transactions" on any REMIC
created hereunder or contributions after the Start-up Day, as defined in
Sections 860F(a)(2) and 860G(d) of the Code, respectively or (ii) cause any
REMIC created hereunder to fail to qualify as a REMIC at any time that any
Certificates are outstanding.

     It is understood that the scope of the Trustee's review (or a Custodian's
review on its behalf) of the Mortgage Files is limited solely to confirming that
the documents listed in Section 2.01 have been received and further confirming
that any and all documents delivered pursuant to Section 2.01 appear on their
face to have been executed and relate to the applicable Mortgage Loans
identified in the related Mortgage Loan Schedule based solely upon the review of
items (i) and (xi) in the definition of Mortgage Loan Schedule. Neither the
Trustee nor any Custodian shall have any responsibility for determining whether
any document is valid and binding, whether the text of any assignment or
endorsement is in proper or recordable form, whether any document has been
recorded in accordance with the requirements of any applicable jurisdiction, or
whether a blanket assignment is permitted in any applicable jurisdiction.

     If the Trustee receives written notice from the Depositor, the Master
Servicer or the Securities Administrator of a breach of any representation or
warranty of a related Servicer or the Sponsor, the Trustee, on behalf of the
Trust, shall enforce the rights of the Trust under the Servicing Agreements, the
Mortgage Loan Purchase Agreement and this Agreement for the benefit of the
Certificateholders. If the Trustee receives written notice from the Depositor,
the Master Servicer or the Securities Administrator of a breach of the
representations or warranties with respect to the Mortgage Loans set forth in a
Servicing Agreement, the Trustee, on behalf of the Trust, shall enforce the
right of the Trust to be indemnified for such breach of representation or
warranty. In addition, if the Trustee receives written notice from the
Depositor, the Master

                                      -48-

Servicer or the Securities Administrator of a breach of a representation with
respect to a Mortgage Loan set forth in clauses (k) or (o) of paragraph 3 of the
Mortgage Loan Purchase Agreement that occurs as a result of a violation of an
applicable predatory or abusive lending law, the Trustee, on behalf of the
Trust, shall enforce the right of the Trust to reimbursement by the Sponsor for
all costs or damages incurred by the Trust as a result of the violation of such
law (such amount, the "Reimbursement Amount"), but in the case of a breach of a
representation set forth in clauses (k) or (o) of paragraph 3 of the Mortgage
Loan Purchase Agreement, only to the extent the applicable Servicer does not so
reimburse the Trust. It is understood and agreed that, except for any
indemnification provided in the Servicing Agreements and the payment of any
Reimbursement Amount, the obligation of a Servicer, the Sponsor or the Depositor
to cure or to repurchase (or, other than in the case of Washington Mutual, to
substitute for) any Mortgage Loan as to which a document is missing, a material
defect in a constituent document exists or as to which such a breach has
occurred and is continuing shall constitute the sole remedy against a Servicer,
the Sponsor or the Depositor in respect of such omission, defect or breach
available to the Trustee on behalf of the Trust and the Certificateholders.

     With respect to the representations and warranties relating to the Mortgage
Loans set forth in the Mortgage Loan Purchase Agreement that are made to the
best of the Sponsor's knowledge or as to which the Sponsor had no knowledge, if
it is discovered by the Depositor, the Master Servicer or the Trustee that the
substance of such representation or warranty is inaccurate and such inaccuracy
materially and adversely affects the interest of the Certificateholders in the
related Mortgage Loan then, notwithstanding the Sponsor's lack of knowledge with
respect to the substance of such representation or warranty being inaccurate at
the time the representation or warranty was made, such inaccuracy shall be
deemed a breach of the applicable representation or warranty.

     It is understood and agreed that the representations and warranties
relating to the Mortgage Loans set forth in the Mortgage Loan Purchase Agreement
shall survive delivery of the Mortgage Files to the Trustee or a Custodian on
the Trustee's behalf and shall inure to the benefit of the Certificateholders
notwithstanding any restrictive or qualified endorsement or assignment. It is
understood and agreed that the obligations of the Sponsor set forth in this
Section 2.02 to cure, substitute for or repurchase a Mortgage Loan pursuant to
the Mortgage Loan Purchase Agreement constitute the sole remedies available to
the Certificateholders and to the Trustee on their behalf respecting a breach of
the representations and warranties contained in the Mortgage Loan Purchase
Agreement.

     The representations and warranties of each Servicer with respect to the
applicable Mortgage Loans in the related Servicing Agreement, which have been
assigned to the Trustee hereunder, were made as of the date specified in such
Servicing Agreement. To the extent that any fact, condition or event with
respect to a Mortgage Loan constitutes a breach of both (i) a representation or
warranty of a Servicer under the related Servicing Agreement and (ii) a
representation or warranty of the Sponsor under the Mortgage Loan Purchase
Agreement, the only right or remedy of the Trustee or of any Certificateholder
shall be the Trustee's right, on behalf of the Trust, to enforce the obligations
of the applicable Servicer under any applicable representation or warranty made
by it. It is hereby acknowledged that the Sponsor shall have no obligation or
liability with respect to any breach of a representation or warranty made by it
with respect to the Mortgage Loans if the fact, condition or event constituting
such breach also

                                      -49-

constitutes a breach of a representation or warranty made by the applicable
Servicer in the applicable Servicing Agreement, without regard to whether such
Servicer fulfills its contractual obligations in respect of such representation
or warranty. It is hereby further acknowledged that the Depositor shall have no
obligation or liability with respect to any breach of any representation or
warranty with respect to the Mortgage Loans (except as set forth in Section
2.04) under any circumstances.

     With respect to each Substitute Mortgage Loan the applicable Servicer, the
Sponsor or the Depositor, as the case may be, shall deliver to the Trustee (or a
Custodian on behalf of the Trustee), for the benefit of the Certificateholders,
the documents and agreements required by Section 2.01, with the Mortgage Note
endorsed and the Mortgage assigned as required by Section 2.01. No substitution
is permitted to be made in any calendar month after the Determination Date for
such month. Monthly Payments due with respect to any such Substitute Mortgage
Loan in the month of substitution shall not be part of the Trust Estate. For the
month of substitution, distributions to Certificateholders will include the
Monthly Payment due for such month on any Defective Mortgage Loan for which the
Depositor, the Sponsor or a Servicer (other than Washington Mutual) has
substituted a Substitute Mortgage Loan.

     The Master Servicer shall amend the Mortgage Loan Schedule for the benefit
of the Certificateholders to reflect the removal of each Mortgage Loan that has
become a Defective Mortgage Loan and the substitution of the Substitute Mortgage
Loan or Loans and the Master Servicer shall deliver the amended Mortgage Loan
Schedule to the Securities Administrator, the Trustee and any Custodian. Upon
such substitution of a Mortgage Loan by the Depositor, the Sponsor or a Servicer
(other than Washington Mutual), each Substitute Mortgage Loan shall be subject
to the terms of this Agreement in all respects and the Depositor or the Sponsor,
as the case may be, shall be deemed to have made to the Trustee with respect to
such Substitute Mortgage Loan, as of the date of substitution, similar
representations and warranties to those made with respect to the Defective
Mortgage Loan and the applicable Servicer shall be deemed to have made to the
Trustee with respect to such Substitute Mortgage Loan, as of the date of
substitution, the mortgage loan representations and warranties made pursuant to
the applicable Servicing Agreement. Upon any such substitution and the deposit
to the Master Servicer Custodial Account of any required Substitution Adjustment
Amount (as described in the next paragraph) and receipt by the Trustee of a
Request for Release, the Trustee shall release, or shall direct a Custodian to
release, the Mortgage File relating to such Defective Mortgage Loan to
applicable Person and shall execute and deliver at such Person's direction such
instruments of transfer or assignment prepared by such Person, without recourse,
as shall be necessary to vest title in such Person or its designee to the
Trustee's interest in any Defective Mortgage Loan substituted for pursuant to
this Section 2.02.

     For any month in which the Depositor, the Sponsor or a Servicer (other than
Washington Mutual) substitutes one or more Substitute Mortgage Loans for one or
more Defective Mortgage Loans, the amount (if any) by which the aggregate
principal balance of all such Substitute Mortgage Loans substituted by such
Person in a Loan Group as of the date of substitution is less than the aggregate
Stated Principal Balance of all such Defective Mortgage Loans in a Loan Group
substituted by such Person (after application of the principal portion of the
Monthly Payments due in the month of substitution) (the "Substitution Adjustment
Amount" for such Loan Group) plus an amount equal to the aggregate of any
unreimbursed Advances with respect

                                      -50-

to such Defective Mortgage Loans shall be remitted by such Person to the Master
Servicer for deposit to the Master Servicer Custodial Account on or before the
18th day of the month succeeding the calendar month during which the related
Mortgage Loan is required to be purchased or replaced hereunder.

     The Trustee shall retain or shall cause a Custodian to retain, as
applicable, possession and custody of each Mortgage File in accordance with and
subject to the terms and conditions set forth herein. The Master Servicer shall
cause to be promptly delivered to the Trustee or a Custodian on behalf of the
Trustee, as the case may be, upon the execution or, in the case of documents
requiring recording, receipt thereof, the originals of such other documents or
instruments constituting the Mortgage File as come into the Master Servicer's
possession from time to time.

     Neither the Trustee nor any Custodian shall be under any duty or obligation
(i) to inspect, review or examine any such documents, instruments, certificates
or other papers to determine that they are genuine, enforceable, or appropriate
for the represented purpose or that they are other than what they purport to be
on their face or (ii) to determine whether any Mortgage File should include any
of the documents specified in Section 2.01(b)(iv), (vi), (vii), (viii) and (ix).
In connection with making the certifications required hereunder, to the extent a
title search or opinion of counsel has been provided in lieu of a title policy
for any Mortgage Loan, the Trustee or a Custodian on its behalf, as applicable,
shall only be responsible for confirming that a title search or opinion of
counsel has been provided for such Mortgage Loan.

     Section 2.03 Representations, Warranties and Covenants of the Master
Servicer. The Master Servicer hereby makes the following representations and
warranties to the Depositor, the Securities Administrator and the Trustee, as of
the Closing Date:

          (i) The Master Servicer is a corporation duly organized and validly
     existing in good standing under the laws of the State of New York and has
     all licenses necessary to carry on its business as now being conducted and
     is licensed, qualified and in good standing in each of the states where a
     Mortgaged Property securing a Mortgage Loan is located if the laws of such
     state require licensing or qualification in order to conduct business of
     the type conducted by the Master Servicer. The Master Servicer has power
     and authority to execute and deliver this Agreement and to perform in
     accordance herewith; the execution, delivery and performance of this
     Agreement (including all instruments of transfer to be delivered pursuant
     to this Agreement) by the Master Servicer and the consummation of the
     transactions contemplated hereby have been duly and validly authorized.
     This Agreement, assuming due authorization, execution and delivery by the
     other parties hereto, evidences the valid, binding and enforceable
     obligation of the Master Servicer, subject to applicable law except as
     enforceability may be limited by (A) bankruptcy, insolvency, liquidation,
     receivership, moratorium, reorganization or other similar laws affecting
     the enforcement of the rights of creditors and (B) general principles of
     equity, whether enforcement is sought in a proceeding in equity or at law.
     All requisite corporate action has been taken by the Master Servicer to
     make this Agreement valid and binding upon the Master Servicer in
     accordance with its terms.

                                      -51-

          (ii) No consent, approval, authorization or order is required for the
     transactions contemplated by this Agreement from any court, governmental
     agency or body, or federal or state regulatory authority having
     jurisdiction over the Master Servicer is required or, if required, such
     consent, approval, authorization or order has been or will, prior to the
     Closing Date, be obtained.

          (iii) The consummation of the transactions contemplated by this
     Agreement are in the ordinary course of business of the Master Servicer and
     will not result in the breach of any term or provision of the charter or
     by-laws of the Master Servicer or result in the breach of any term or
     provision of, or conflict with or constitute a default under or result in
     the acceleration of any obligation under, any agreement, indenture or loan
     or credit agreement or other instrument to which the Master Servicer or its
     property is subject, or result in the violation of any law, rule,
     regulation, order, judgment or decree to which the Master Servicer or its
     property is subject.

          (iv) There is no action, suit, proceeding or investigation pending or,
     to the best knowledge of the Master Servicer, threatened against the Master
     Servicer which, either individually or in the aggregate, would result in
     any material adverse change in the business, operations, financial
     condition, properties or assets of the Master Servicer, or in any material
     impairment of the right or ability of the Master Servicer to carry on its
     business substantially as now conducted or which would draw into question
     the validity of this Agreement or the Mortgage Loans or of any action taken
     or to be taken in connection with the obligations of the Master Servicer
     contemplated herein, or which would materially impair the ability of the
     Master Servicer to perform under the terms of this Agreement.

     The representations and warranties made pursuant to this Section 2.03 shall
survive delivery of the respective Mortgage Files to the Trustee or a Custodian
on the Trustee's behalf and shall inure to the benefit of the
Certificateholders.

     Section 2.04 Representations and Warranties of the Depositor as to the
Mortgage Loans. The Depositor hereby represents and warrants to the Trustee with
respect to the Mortgage Loans or each Mortgage Loan, as the case may be, as of
the date hereof or such other date set forth herein that as of the Closing Date:

          (i) Immediately prior to the transfer and assignment contemplated
     herein, the Depositor was the sole owner and holder of the Mortgage Loans.
     The Mortgage Loans were not assigned or pledged by the Depositor and the
     Depositor had good and marketable title thereto, and the Depositor had full
     right to transfer and sell the Mortgage Loans to the Trustee free and clear
     of any encumbrance, participation interest, lien, equity, pledge, claim or
     security interest and had full right and authority subject to no interest
     or participation in, or agreement with any other party to sell or otherwise
     transfer the Mortgage Loans.

          (ii) As of the Closing Date, the Depositor has transferred all right,
     title and interest in the Mortgage Loans to the Trustee on behalf of the
     Trust.

                                      -52-

          (iii) As of the Closing Date, the Depositor has not transferred the
     Mortgage Loans to the Trustee on behalf of the Trust with any intent to
     hinder, delay or defraud any of its creditors.

          (iv) Each Mortgage Loan is a "qualified mortgage" within the meaning
     of Section 860G(a)(3) of the Code and Treasury Regulation Section 1.860G-2.

     It is understood and agreed that the representations and warranties set
forth in this Section 2.04 shall survive delivery of the respective Mortgage
Files to the Trustee or the related Custodian and shall inure to the benefit of
the Trustee, notwithstanding any restrictive or qualified endorsement or
assignment.

     Upon discovery by any of the Depositor, the Master Servicer, the Securities
Administrator or the Trustee that any of the representations and warranties set
forth in this Section 2.04 is not accurate (referred to herein as a "breach")
and that such breach materially and adversely affects the interests of the
Certificateholders in the related Mortgage Loan, the party discovering such
breach shall give prompt written notice to the other parties; provided that a
breach of the representation that each Mortgage Loan is a "qualified mortgage"
within the meaning of Section 860G(a)(3) of the Code shall be deemed to
materially and adversely affect the interests of the Certificateholders. Within
90 days of its discovery or its receipt of notice of any such breach, the
Depositor shall cure such breach in all material respects or shall either (i)
repurchase the Mortgage Loan or any property acquired in respect thereof from
the Trustee at a price equal to the Purchase Price or (ii) if within two years
of the Closing Date, substitute for such Mortgage Loan in the manner described
in Section 2.02; provided that if the breach relates to the representation that
each Mortgage Loan is a "qualified mortgage" as defined in Section 860G(a)(3) of
the Code, any such repurchase or substitution must occur within 90 days from the
date the breach was discovered. The Purchase Price of any repurchase described
in this paragraph and the Substitution Adjustment Amount, if any, shall be
remitted to the Master Servicer for deposit to the Master Servicer Custodial
Account. It is understood and agreed that, except with respect to the second
preceding sentence, the obligation of the Depositor to repurchase or substitute
for any Mortgage Loan or Mortgaged Property as to which such a breach has
occurred and is continuing shall constitute the sole remedy respecting such
breach available to Certificateholders, or to the Trust and the Trustee on
behalf of Certificateholders, and such obligation shall survive until
termination of the Trust hereunder.

     Section 2.05 Designation of Interests in the REMICs. The Depositor hereby
designates the Classes of Senior Certificates (other than the Class 1-A-R, Class
3-A-1, Class 30-IO and Exchangeable Certificates), the IO Components, the Class
3-A-1 Interest and the Classes of Subordinate Certificates as "regular
interests" and the Class UR Interest as the single class of "residual interest"
in the Upper-Tier REMIC for the purposes of Code Sections 860G(a)(1) and
860G(a)(2), respectively. The Depositor hereby further designates (i) the
Uncertificated Intermediate Lower-Tier Interests as classes of "regular
interests" and the Class ILR Interest as the single class of "residual interest"
in the Intermediate Lower-Tier REMIC for the purposes of Code Sections
860G(a)(1) and 860G(a)(2), respectively and (ii) the Uncertificated Lower-Tier
Interests as classes of "regular interests" and the Class LR Interest as the
single class of "residual interest" in the Lower-Tier REMIC for the purposes of
Code Sections 860G(a)(1) and 860G(a)(2), respectively.

                                      -53-

     Section 2.06 Designation of Start-up Day. The Closing Date is hereby
designated as the "start-up day" of each of the Upper-Tier REMIC, the
Intermediate Lower-Tier REMIC and Lower-Tier REMIC within the meaning of Section
860G(a)(9) of the Code.

     Section 2.07 REMIC Certificate Maturity Date. Solely for purposes of
satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest
possible maturity date" of the Upper-Tier Regular Interests, the Intermediate
Lower-Tier REMIC and the Lower-Tier REMIC is one month after the maturity of the
latest maturing Mortgage Loan.

     Section 2.08 Execution and Delivery of Certificates. (a) The Trustee (i) in
exchange for the Mortgage Loans and all other assets included in the definition
of "Trust Estate," receipt of which is hereby acknowledged, acknowledges the
issuance of and hereby declares that it holds the Uncertificated Lower-Tier
Interests on behalf of the Intermediate Lower-Tier REMIC and the
Certificateholders and that it holds the Uncertificated Intermediate Lower-Tier
Interests on behalf of the Upper-Tier REMIC and the Certificateholders and (ii)
in exchange for the Uncertificated Intermediate Lower-Tier Interests, has caused
the Securities Administrator to execute and deliver to or upon the order of the
Depositor, Certificates (other than the Exchangeable Certificates) in authorized
Denominations which, together with the Uncertificated Intermediate Lower-Tier
Interests and the Uncertificated Lower-Tier Interests, evidence ownership of the
entire Trust Estate.

     (b) In addition, the Securities Administrator shall, from time to time as
requested by beneficial owners of Exchangeable REMIC Certificates or
Exchangeable Certificates pursuant to Section 5.11, exchange Exchangeable REMIC
Certificates for Exchangeable Certificates and vice versa.

     Section 2.09 Establishment of the Trust.

     The Depositor does hereby establish, pursuant to the further provisions of
this Agreement and the laws of the State of New York, an express trust to be
known, for convenience, as "Banc of America Funding 2006-6 Trust" and does
hereby appoint U.S. Bank National Association as Trustee in accordance with the
provisions of this Agreement.

     Section 2.10 Purpose and Powers of the Trust.

     The purpose of the common law trust, as created hereunder, is to engage in
the following activities:

     (a) to acquire and hold the Mortgage Loans and the other assets of the
Trust Estate and the proceeds therefrom;

     (b) to issue the Certificates sold to the Depositor in exchange for the
Mortgage Loans;

     (c) to make payments on the Certificates;

     (d) to engage in those activities that are necessary, suitable or
convenient to accomplish the foregoing or are incidental thereto or connected
therewith; and

                                      -54-

     (e) subject to compliance with this Agreement, to engage in such other
activities as may be required in connection with conservation of the Trust
Estate and the making of distributions to the Certificateholders.

     The trust is hereby authorized to engage in the foregoing activities.
Neither the Trustee nor the Securities Administrator shall cause the trust to
engage in any activity other than in connection with the foregoing or other than
as required or authorized by the terms of this Agreement (or those ancillary
thereto) while any Certificate is outstanding, and this Section 2.10 may not be
amended without the consent of the Certificateholders evidencing 51% or more of
the aggregate voting rights of the Certificates.

                                   ARTICLE III

                       ADMINISTRATION AND MASTER SERVICING
                                OF MORTGAGE LOANS

     Section 3.01 Master Servicing of the Mortgage Loans. For and on behalf of
the Certificateholders, the Master Servicer shall supervise, monitor and oversee
the obligations of the Servicers to service and administer their respective
Mortgage Loans in accordance with the terms of the applicable Servicing
Agreement and shall have full power and authority to do any and all things which
it may deem necessary or desirable in connection with such master servicing and
administration. In performing its obligations hereunder, the Master Servicer
shall act in a manner consistent with this Agreement, subject to the prior
sentence, and with Customary Servicing Procedures. Furthermore, the Master
Servicer shall oversee and consult with each Servicer as necessary from
time-to-time to carry out the Master Servicer's obligations hereunder, shall
receive, review and evaluate all reports, information and other data provided to
the Master Servicer by each Servicer and shall cause each Servicer to perform
and observe the covenants, obligations and conditions to be performed or
observed by such Servicer under the applicable Servicing Agreement. The Master
Servicer shall independently and separately monitor each Servicer's servicing
activities with respect to each related Mortgage Loan, reconcile the results of
such monitoring with such information provided in the previous sentence on a
monthly basis and coordinate corrective adjustments to the Servicers' and the
Master Servicer's records, and based on such reconciled and corrected
information, prepare the Master Servicer's Certificate and any other information
and statements required hereunder. The Master Servicer shall reconcile the
results of its Mortgage Loan monitoring with the actual remittances of the
Servicers to the Master Servicer Custodial Account pursuant to the applicable
Servicing Agreements.

     Continuously from the date hereof until the termination of the Trust, the
Master Servicer shall enforce the obligations of the Servicers to collect all
payments due under the terms and provisions of the Mortgage Loans when the same
shall become due and payable to the extent such procedures shall be consistent
with the applicable Servicing Agreement.

     The relationship of the Master Servicer (and of any successor to the Master
Servicer as master servicer under this Agreement) to the Trustee and the
Securities Administrator under this Agreement is intended by the parties to be
that of an independent contractor and not that of a joint venturer, partner or
agent.

                                      -55-

     Section 3.02 Monitoring of Servicers. (a) The Master Servicer shall be
responsible for reporting to the Trustee, the Securities Administrator and the
Depositor the compliance by each Servicer with its duties under the related
Servicing Agreement. In the review of each Servicer's activities, the Master
Servicer may rely upon an officer's certificate of the Servicer with regard to
such Servicer's compliance with the terms of its Servicing Agreement. In the
event that the Master Servicer, in its judgment, determines that a Servicer
should be terminated in accordance with its Servicing Agreement, or that a
notice should be sent pursuant to such Servicing Agreement with respect to the
occurrence of an event that, unless cured, would constitute grounds for such
termination, the Master Servicer shall notify the Depositor, the Securities
Administrator and the Trustee thereof and the Master Servicer shall issue such
notice or take such other action as it deems appropriate.

     (b) The Master Servicer, for the benefit of the Trust and the
Certificateholders, shall enforce the obligations of each Servicer under the
related Servicing Agreement, and shall, in the event that a Servicer fails to
perform its obligations in accordance with the related Servicing Agreement,
subject to the preceding paragraph, terminate the rights and obligations of such
Servicer thereunder and act as successor Servicer of the related Mortgage Loans
under the applicable Servicing Agreement or cause the Trustee to enter into a
new Servicing Agreement with a successor Servicer selected by the Master
Servicer; provided, however, it is understood and acknowledged by the parties
hereto that there will be a period of transition (not to exceed 90 days) before
the actual servicing functions can be fully transferred to such successor
Servicer. Such enforcement, including, without limitation, the legal prosecution
of claims, termination of Servicing Agreements and the pursuit of other
appropriate remedies, shall be in such form and carried out to such an extent
and at such time as the Master Servicer, in its good faith business judgment,
would require were it the owner of the related Mortgage Loans. The Master
Servicer shall pay the costs of such enforcement at its own expense, and shall
be reimbursed therefor only (i) from a general recovery resulting from such
enforcement to the extent, if any, that such recovery exceeds all amounts due in
respect of the related Mortgage Loans or (ii) from a specific recovery of costs,
expenses or attorneys fees against the party whom such enforcement is directed,
provided that the Master Servicer and the Trustee, as applicable, shall not be
required to prosecute or defend any legal action except to the extent that the
Master Servicer or the Trustee, as applicable, shall have received reasonable
indemnity for its costs and expenses in pursuing such action.

     (c) To the extent that the costs and expenses of the Master Servicer or the
Trustee, as applicable, related to any termination of a Servicer, appointment of
a successor Servicer or the transfer and assumption of servicing by the Master
Servicer or the Trustee, as applicable, with respect to any Servicing Agreement
(including, without limitation, (i) all legal costs and expenses and all due
diligence costs and expenses associated with an evaluation of the potential
termination of the Servicer as a result of an event of default by such Servicer
under the related Servicing Agreement and (ii) all costs and expenses associated
with the complete transfer of servicing, including all servicing files and all
servicing data and the completion, correction or manipulation of such servicing
data as may be required by the successor Servicer to correct any errors or
insufficiencies in the servicing data or otherwise to enable the successor
Servicer to service the Mortgage Loans in accordance with the related Servicing
Agreement) are not fully and timely reimbursed by the terminated Servicer, the
Master Servicer or the Trustee, as applicable, shall be entitled to
reimbursement of such costs and expenses from the Master

                                      -56-

Servicer Custodial Account; provided that if such servicing transfer costs are
ultimately reimbursed by the terminated Servicer, then the Master Servicer or
the Trustee, as applicable, shall remit such amounts that are reimbursed by the
terminated Servicer to the Master Servicer Custodial Account.

     (d) The Master Servicer shall require each Servicer to comply with the
remittance requirements and other obligations set forth in the related Servicing
Agreement.

     (e) If the Master Servicer acts as Servicer, it will not assume liability
for the representations and warranties of the Servicer, if any, that it
replaces.

     (f) Subject to the conditions set forth in this Section 3.02(f), the Master
Servicer is permitted to utilize one or more Subcontractors to perform certain
of its obligations hereunder. The Master Servicer shall promptly upon request
provide to the Depositor a written description (in form and substance
satisfactory to the Depositor) of the role and function of each Subcontractor
utilized by the Master Servicer, specifying (i) the identity of each such
Subcontractor that is a Servicing Function Participant and (ii) which elements
of the Servicing Criteria will be addressed in Assessments of Compliance
provided by each Servicing Function Participant. As a condition to the
utilization by the Master Servicer of any Servicing Function Participant, the
Master Servicer shall cause any such Servicing Function Participant for the
benefit of the Depositor to comply with the provisions of Section 3.21 of this
Agreement to the same extent as if such Servicing Function Participant were the
Master Servicer. The Master Servicer shall be responsible for obtaining from
each such Servicing Function Participant and delivering to the applicable
Persons any Assessment of Compliance and related Attestation Report required to
be delivered by such Servicing Function Participant under Section 3.21, in each
case as and when required to be delivered.

     Notwithstanding the foregoing, if the Master Servicer engages a
Subcontractor in connection with the performance of any of its duties under this
Agreement, the Master Servicer shall be responsible for determining whether such
Subcontractor is an Additional Servicer.

     The Master Servicer shall indemnify the Depositor, the Sponsor, the
Trustee, the Custodian and the Securities Administrator and any of their
directors, officers, employees or agents and hold them harmless against any and
all claims, losses, damages, penalties, fines, forfeitures, reasonable and
necessary legal fees and related costs, judgments, and any other costs, fees and
expenses that any of them may sustain in any way related to a breach of the
Master Servicer's obligation set forth in the preceding paragraph or the failure
of the Master Servicer to perform any of its obligations under this Section
3.02(f), Section 3.20, Section 3.21 or Section 3.22.

     Section 3.03 Fidelity Bond; Errors and Omissions Insurance. The Master
Servicer shall maintain, at its own expense, a blanket fidelity bond and an
errors and omissions insurance policy, with broad coverage on all officers,
employees or other persons involved in the performance of its obligations as
Master Servicer hereunder. These policies must insure the Master Servicer
against losses resulting from dishonest or fraudulent acts committed by the
Master Servicer's personnel, any employees of outside firms that provide data
processing services for the Master Servicer, and temporary contract employees or
student interns. No

                                      -57-

provision of this Section 3.03 requiring such fidelity bond and errors and
omissions insurance shall diminish or relieve the Master Servicer from its
duties and obligations as set forth in this Agreement. The minimum coverage
under any such bond and insurance policy shall be at least equal to the
corresponding amounts required by Fannie Mae in the Fannie Mae Servicing Guide
or by Freddie Mac in the Freddie Mac Sellers' & Servicers' Guide, as amended or
restated from time to time, or in an amount as may be permitted to the Master
Servicer by express waiver of Fannie Mae or Freddie Mac. In the event that any
such policy or bond ceases to be in effect, the Master Servicer shall obtain a
comparable replacement policy or bond from an insurer or issuer, meeting the
requirements set forth above as of the date of such replacement.

     Section 3.04 Access to Certain Documentation. The Master Servicer shall
provide, and the Master Servicer shall cause each Servicer to provide in
accordance with the related Servicing Agreement, to the OCC, the OTS, the FDIC
and to comparable regulatory authorities supervising Holders of Certificates and
the examiners and supervisory agents of the OCC, the OTS, the FDIC and such
other authorities, access to the documentation required by applicable
regulations of the OCC, the OTS, the FDIC and such other authorities with
respect to the Mortgage Loans. Such access shall be afforded without charge, but
only upon reasonable and prior written request and during normal business hours
at the offices designated by the Master Servicer and the related Servicer. In
fulfilling such request for access, the Master Servicer shall not be responsible
to determine the sufficiency of any information provided by such Servicer.
Nothing in this Section 3.04 shall limit the obligation of the Master Servicer
and the related Servicer to observe any applicable law and the failure of the
Master Servicer or the related Servicer to provide access as provided in this
Section 3.04 as a result of such obligation shall not constitute a breach of
this Section 3.04.

     Section 3.05 Maintenance of Primary Mortgage Insurance Policy; Claims. (a)
The Master Servicer shall not take, or permit any Servicer (to the extent such
action is prohibited under the applicable Servicing Agreement) to take, any
action that would result in noncoverage under any applicable Primary Mortgage
Insurance Policy of any loss which, but for the actions of the Master Servicer
or such Servicer, would have been covered thereunder. The Master Servicer shall
use its best reasonable efforts to cause each Servicer (to the extent required
under the related Servicing Agreement) to keep in force and effect (to the
extent that the Mortgage Loan requires the Mortgagor to maintain such
insurance), primary mortgage insurance applicable to each Mortgage Loan in
accordance with the provisions of this Agreement and the related Servicing
Agreement, as applicable. The Master Servicer shall not, and shall not permit
any Servicer (to the extent required under the related Servicing Agreement) to,
cancel or refuse to renew any such Primary Mortgage Insurance Policy that is in
effect at the date of the initial issuance of the Mortgage Note and is required
to be kept in force hereunder except in accordance with the provisions of this
Agreement and the related Servicing Agreement, as applicable.

     (b) The Master Servicer agrees to present, or to cause each Servicer (to
the extent required under the related Servicing Agreement) to present, on behalf
of the Trust, the Trustee and the Certificateholders, claims to the insurer
under any Primary Mortgage Insurance Policies and, in this regard, to take such
reasonable action as shall be necessary to permit recovery under any Primary
Mortgage Insurance Policies respecting defaulted Mortgage Loans. Pursuant to
Sections 3.08 and 3.09, any amounts collected by the Master Servicer or any
Servicer under any

                                      -58-

Primary Mortgage Insurance Policies shall be deposited in the Master Servicer
Custodial Account, subject to withdrawal pursuant to Section 3.11.

     Section 3.06 Rights of the Depositor, the Securities Administrator and the
Trustee in Respect of the Master Servicer. The Depositor may, but is not
obligated to, enforce the obligations of the Master Servicer hereunder and may,
but is not obligated to, perform, or cause a designee to perform, any defaulted
obligation of the Master Servicer hereunder and in connection with any such
defaulted obligation to exercise the related rights of the Master Servicer
hereunder; provided that the Master Servicer shall not be relieved of any of its
obligations hereunder by virtue of such performance by the Depositor or its
designee. None of the Securities Administrator, the Trustee or the Depositor
shall have any responsibility or liability for any action or failure to act by
the Master Servicer and the Securities Administrator, the Trustee or the
Depositor shall not be obligated to supervise the performance of the Master
Servicer hereunder or otherwise.

     Section 3.07 Trustee to Act as Master Servicer. (a) In the event the Master
Servicer or any successor master servicer shall for any reason no longer be the
Master Servicer hereunder (including by reason of an Event of Default), the
Trustee as trustee hereunder shall within 90 days of such time, assume, if it so
elects, or shall appoint a successor Master Servicer to assume, all of the
rights and obligations of the Master Servicer hereunder arising thereafter. Any
such assumption shall be subject to Sections 7.02 and 8.05.

     (b) The predecessor Master Servicer at its expense shall, upon request of
the Trustee, deliver to the assuming party all master servicing documents and
records and an accounting of amounts collected or held by the Master Servicer,
and shall transfer control of the Master Servicer Custodial Account and any
investment accounts to the successor Master Servicer, and otherwise use its best
efforts to effect the orderly and efficient transfer of its rights and duties as
Master Servicer hereunder to the assuming party. The Trustee shall be entitled
to be reimbursed from the predecessor Master Servicer (or the Trust if the
predecessor Master Servicer is unable to fulfill such obligations) for all
Master Servicing Transfer Costs.

     Section 3.08 Servicer Custodial Accounts and Escrow Accounts. (a) The
Master Servicer shall enforce the obligation of each Servicer to establish and
maintain a Servicer Custodial Account in accordance with the applicable
Servicing Agreement, with records to be kept with respect thereto on a loan by
loan basis, into which accounts shall be deposited within 48 hours (or as of
such other time specified in the related Servicing Agreement) of receipt all
collections of principal and interest on any Mortgage Loan and all collections
with respect to any REO Property received by a Servicer, including Principal
Prepayments, Insurance Proceeds, Liquidation Proceeds, Recoveries and Advances
made from the Servicer's own funds (less servicing compensation as permitted by
the applicable Servicing Agreement in the case of any Servicer) and all other
amounts to be deposited in the Servicer Custodial Account. The Master Servicer
is hereby authorized to make withdrawals from and deposits to the related
Servicer Custodial Account for purposes required or permitted by this Agreement.

     (b) The Master Servicer shall also enforce the obligation of each Servicer
to establish and maintain a Buy-Down Account in accordance with the applicable
Servicing Agreement, with records to be kept with respect thereto on a Mortgage
Loan by Mortgage Loan basis, into which

                                      -59-

accounts any Buy-Down Funds shall be deposited within 48 hours (or as of such
other time specified in the related Servicing Agreement) of receipt thereof. The
Master Servicer is hereby authorized to make withdrawals from and deposits to
the related Buy-Down Account for purposes required or permitted by this
Agreement. In addition, the Master Servicer shall enforce the obligation of each
Servicer to withdraw from the Buy-Down Account and deposit in immediately
available funds in the Servicer Custodial Account an amount which, when added to
such Mortgagor's payment, will equal the full monthly payment due under the
related Mortgage Note.

     (c) To the extent required by the related Servicing Agreement and by the
related Mortgage Note and not violative of current law, the Master Servicer
shall enforce the obligation of each Servicer to establish and maintain one or
more escrow accounts (for each Servicer, collectively, the "Escrow Account") and
deposit and retain therein all collections from the Mortgagors (or Advances by
such Servicer) for the payment of taxes, assessments, hazard insurance premiums
or comparable items for the account of the Mortgagors. Nothing herein shall
require the Master Servicer to compel a Servicer to establish an Escrow Account
in violation of applicable law.

     Section 3.09 Collection of Mortgage Loan Payments; Master Servicer
Custodial Account; Certificate Account; Reserve Fund; and Yield Maintenance
Agreement. (a) Continuously from the date hereof until the principal and
interest on all Mortgage Loans are paid in full, the Master Servicer shall
enforce the obligations of the Servicers to collect all payments due under the
terms and provisions of the Mortgage Loans when the same shall become due and
payable to the extent such procedures shall be consistent with the applicable
Servicing Agreement.

     (b) The Securities Administrator shall establish and maintain the
Certificate Account, which shall be deemed to consist of six sub-accounts and
into which the Master Servicer will deposit on or prior to 11:00 a.m. New York
time, five (5) calendar days preceding each Distribution Date (or, if such
calendar day is not a Business Day, the succeeding Business Day) all amounts on
deposit in the Master Servicer Custodial Account for distribution to
Certificateholders.

     (c) The Master Servicer shall establish and maintain the Master Servicer
Custodial Account, which shall be an Eligible Account. The Master Servicer
shall, promptly upon receipt, deposit in the Master Servicer Custodial Account
and retain therein any amounts which are required to be deposited in the Master
Servicer Custodial Account by the Master Servicer.

     (d) (i) The Securities Administrator shall establish and maintain the
Reserve Fund, held in trust for the benefit of the Holders of the Class 3-A-1
Certificates. The Securities Administrator shall deposit in the Reserve Fund on
the date received by it the related Yield Maintenance Agreement Payment, if any,
received from the Counterparty for the related Distribution Date. Funds on
deposit in the Reserve Fund shall remain uninvested. On each Distribution Date,
the Securities Administrator shall withdraw from the Reserve Fund the Yield
Maintenance Agreement Payment, if any, received in respect of such Distribution
Date and shall distribute such amount to the Class 3-A-1 Certificates.

                                      -60-

          (ii) The Securities Administrator and the Trustee shall account for
     the Reserve Fund and the Yield Maintenance Agreement and the rights with
     respect thereto as, for federal income tax purposes, a "grantor trust" as
     described in Subpart E of Part I of Subchapter J of the Code and Treasury
     Regulation Section 301.7701-4(c)(2) and not as assets of any REMIC created
     pursuant to this Agreement. The Securities Administrator shall apply for a
     taxpayer identification number on IRS Form SS-4 and any similarly required
     state or local forms or using any other acceptable method for all tax
     entities. The Securities Administrator shall furnish or caused to be
     furnished to the Holders of the Class 3-A-1 Certificates and shall file or
     cause to be filed IRS Form 1041 and such other forms as may be required by
     the Code and regulations promulgated thereunder and any similar state or
     local laws with respect to the allocable shares of income and expenses with
     respect to the assets of the Reserve Fund Grantor Trust at the time and in
     the manner required by the Code and regulations promulgated thereunder and
     any similar state or local laws. The beneficial owners of the Yield
     Maintenance Agreement and the Reserve Fund are the Holders of the Class
     3-A-1 Certificates. The Reserve Fund is an "outside reserve fund" within
     the meaning of Treasury Regulations Section 1.860G-2(h) that is owned by
     the holders of the Class 3-A-1 Certificates.

          (iii) Any amounts in the Reserve Fund paid by the Securities
     Administrator pursuant to this Section 3.09(d) to the Class 3-A-1
     Certificates shall be accounted for by the Securities Administrator as
     amounts paid to the Class 3-A-1 Certificates from, for federal income tax
     purposes, a grantor trust as described in Subpart E of Part I of Subchapter
     J of the Code and Treasury Regulation Section 301.7701-4(c)(2) unless
     required otherwise by applicable law or an applicable taxing authority. The
     Securities Administrator shall prepare, sign and file all of the tax
     returns in respect of such grantor trust. In addition, the Securities
     Administrator shall account for the right of the Class 3-A-1 Certificates
     to receive amounts from the Reserve Fund as rights in limited recourse
     interest rate cap contracts written by the Counterparty in favor of the
     Class 3-A-1 Certificates. Thus, for tax purposes, each Class 3-A-1
     Certificate shall be treated as representing not only ownership of a
     "regular interest" in the Upper-Tier REMIC within the meaning of Code
     Section 860G(a)(1), but also ownership of an interest in a notional
     principal contract.

          (iv) For federal tax return and information reporting purposes, the
     right of the Holders of the Class 3-A-1 Certificates to receive payments
     under the Yield Maintenance Agreement shall be assumed to have a value of
     zero as of the Closing Date unless and until required otherwise by an
     applicable taxing authority.

     (e) On a daily basis within one (1) Business Day of receipt (except as
otherwise specifically provided herein), the Master Servicer shall deposit or
cause to be deposited in the Master Servicer Custodial Account the following
payments and collections remitted to the Master Servicer by each Servicer from
its respective Servicer Custodial Account pursuant to the related Servicing
Agreement or otherwise or received by the Master Servicer in respect of the
Mortgage Loans subsequent to the Cut-off Date (other than in respect of
principal and interest due on the Mortgage Loans on or before the Cut-off Date)
and the following amounts required to be deposited hereunder:

                                      -61-

          (i) all payments on account of principal of the Mortgage Loans,
     including Principal Prepayments;

          (ii) all payments on account of interest on the Mortgage Loans, net of
     the related Servicing Fee;

          (iii) (A) all Insurance Proceeds and Liquidation Proceeds, other than
     Insurance Proceeds to be (1) applied to the restoration or repair of the
     Mortgaged Property, (2) released to the Mortgagor in accordance with
     Customary Servicing Procedures or (3) required to be deposited to an Escrow
     Account pursuant to Section 3.08 and (B) any Insurance Proceeds released
     from an Escrow Account;

          (iv) any amount required to be deposited by the Master Servicer
     pursuant to Section 3.09(f) in connection with any losses on Permitted
     Investments with respect to the Master Servicer Custodial Account;

          (v) any amounts relating to REO Property required to be remitted by
     the applicable Servicer;

          (vi) Periodic Advances made by the applicable Servicer pursuant to the
     related Servicing Agreement (or, if applicable, by the Master Servicer or
     the Trustee pursuant to Section 3.19 or the Trustee pursuant to Section
     8.01) and any Compensating Interest paid by the applicable Servicer
     pursuant to the related Servicing Agreement;

          (vii) all Purchase Prices, all Substitution Adjustment Amounts and all
     Reimbursement Amounts to the extent received by the Master Servicer;

          (viii) any Recoveries;

          (ix) any Buy-Down Funds required to be deposited pursuant to Section
     3.08; and

          (x) any other amounts required to be deposited hereunder.

     If the Master Servicer shall deposit any amount not required to be
deposited, it may at any time withdraw such amount from the Master Servicer
Custodial Account, any provision herein to the contrary notwithstanding. All
funds required to be deposited in the Master Servicer Custodial Account shall be
held by the Master Servicer in trust for the Certificateholders until disbursed
in accordance with this Agreement or withdrawn in accordance with Section 3.11.

     (f) Each institution at which the Master Servicer Custodial Account is
maintained shall invest the funds therein as directed in writing by the Master
Servicer in Permitted Investments, which shall mature not later than the date on
which the Master Servicer is required to remit to the Securities Administrator
pursuant to Section 3.09(b) and shall not be sold or disposed of prior to its
maturity. All such Permitted Investments shall be made in the name of the
Trustee, for the benefit of the Certificateholders. All Master Servicer
Custodial Account Reinvestment Income shall be for the benefit of the Master
Servicer as part of its master servicing compensation and shall be remitted to
the Master Servicer monthly as provided herein.

                                      -62-

The amount of any losses realized in the Master Servicer Custodial Account
incurred in any such account in respect of any such investments shall promptly
be deposited by the Master Servicer from its own funds in the Master Servicer
Custodial Account.

     (g) Each institution at which the Certificate Account is maintained shall
invest the funds therein if directed in writing by the Securities Administrator
in Permitted Investments that are obligations of the institution that maintains
the Certificate Account, which shall mature on the Distribution Date and shall
not be sold or disposed of prior to its maturity. All such Permitted Investments
shall be made in the name of the Trustee, for the benefit of the
Certificateholders. All income and gains net of any losses realized since the
preceding Distribution Date from Permitted Investments of funds in the
Certificate Account shall be for the benefit of the Securities Administrator as
its compensation and the amount of any losses realized in the Certificate
Account in respect of any such Permitted Investments shall promptly be deposited
by the Securities Administrator from its own funds in the Certificate Account.

     (h) The Master Servicer shall give notice to the Depositor, the Trustee,
the Securities Administrator and the Rating Agencies of any proposed change of
location of the Master Servicer Custodial Account not later than 30 days after
and not more that 45 days prior to any change thereof. The Securities
Administrator shall give notice to the Depositor, the Trustee, the Master
Servicer and the Rating Agencies of any proposed change of the location of the
Certificate Account maintained by the Securities Administrator not later than 30
days after and not more than 45 days prior to any change thereof. The creation
of the Master Servicer Custodial Account and the Certificate Account shall be
evidenced by a certification substantially in the form attached hereto as
Exhibit F.

     (i) The Securities Administrator shall designate each of the Intermediate
Lower-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account as
a sub-account of the Certificate Account. On each Distribution Date (other than
the Final Distribution Date, if such Final Distribution Date is in connection
with a purchase of the assets of the Trust Estate by the Depositor), the
Securities Administrator shall, from funds available on deposit in the
Certificate Account, be deemed to deposit into the Intermediate Lower-Tier
Certificate Sub-Account, the Lower-Tier Distribution Amount. The Securities
Administrator shall then immediately, from funds available in the Intermediate
Lower-Tier Certificate Sub-Account, be deemed to deposit into the Upper-Tier
Certificate Sub-Account, the Intermediate Lower-Tier Distribution Amount.

     Section 3.10 Access to Certain Documentation and Information Regarding the
Mortgage Loans. The Master Servicer shall afford and shall enforce the
obligation of the Servicers to afford the Securities Administrator and the
Trustee reasonable access to all records and documentation regarding the
Mortgage Loans and all accounts, insurance information and other matters
relating to this Agreement, such access being afforded without charge, but only
upon reasonable request and during normal business hours at the office
designated by the Master Servicer or the applicable Servicer.

                                      -63-

     Section 3.11 Permitted Withdrawals from the Certificate Account and the
Master Servicer Custodial Account. (a)The Securities Administrator shall
withdraw funds from the Certificate Account for distributions to
Certificateholders in the manner specified in this Agreement. In addition, the
Master Servicer may from time to time make withdrawals from the Master Servicer
Custodial Account for the following purposes:

          (i) to pay to the Servicers (to the extent not previously retained by
     them), the Servicing Fee to which they are entitled pursuant to the
     Servicing Agreements and to pay itself any Master Servicer Custodial
     Account Reinvestment Income;

          (ii) to pay to the Securities Administrator and the Trustee any
     amounts due to the Securities Administrator and the Trustee under this
     Agreement (including, but not limited to, all amounts provided for under
     Section 3.02, Section 3.07, Section 8.05 and Section 9.11, other than the
     amounts provided for in the first sentence of Section 9.11);

          (iii) to reimburse the Servicers (or, if applicable, itself or the
     Trustee) for unreimbursed Advances made pursuant to the related Servicing
     Agreement (or in the case of itself or the Trustee, pursuant to Section
     3.19 or Section 8.01, as applicable), such right of reimbursement pursuant
     to this clause (iii) being limited first to amounts received on the
     Mortgage Loans serviced by such Servicer in the related Loan Group in
     respect of which any such Advance was made and then limited to amounts
     received on all the Mortgage Loans serviced by such Servicer (or, if
     applicable, the Master Servicer or the Trustee) in respect of which any
     such Advance was made;

          (iv) to reimburse the Servicers (or, if applicable, itself or the
     Trustee) for any Nonrecoverable Advance previously made, such right of
     reimbursement pursuant to this clause (iv) being limited first to amounts
     received on the Mortgage Loans in the same Loan Group as the Mortgage
     Loan(s) in respect of which such Nonrecoverable Advance was made and then
     limited to amounts received on all the Mortgage Loans serviced by such
     Servicer (of, if applicable, the Master Servicer or the Trustee);

          (v) to reimburse the Servicers for Insured Expenses from the related
     Insurance Proceeds;

          (vi) to pay to the purchaser, with respect to each Mortgage Loan or
     REO Property that has been purchased pursuant to Section 2.02 or 2.04, all
     amounts received thereon after the date of such purchase;

          (vii) to reimburse itself or the Depositor for expenses incurred by
     either of them and reimbursable pursuant to this Agreement, including but
     not limited to, Section 3.02 and Section 7.03;

          (viii) to withdraw any amount deposited in the Master Servicer
     Custodial Account and not required to be deposited therein; and

          (ix) to clear and terminate the Master Servicer Custodial Account upon
     termination of this Agreement pursuant to Section 10.01.

                                      -64-

If the Master Servicer shall remit to the Securities Administrator any amount
not required to be remitted, it may at any time direct the Securities
Administrator to withdraw such amount from the Certificate Account, any
provision herein to the contrary notwithstanding. Such direction may be
accomplished by delivering an Officer's Certificate to the Securities
Administrator which describes the amounts remitted in error to the Securities
Administrator for deposit to the Certificate Account.

     (b) On each Distribution Date, funds on deposit in the Certificate Account
and deemed to be on deposit in the Upper-Tier Certificate Sub-Account shall be
used to make payments on the Upper-Tier Regular Interests and the Class 1-A-R
Certificate (in respect of the Class UR Interest) as provided in Sections 5.01
and 5.02. The Certificate Account shall be cleared and terminated upon
termination of this Agreement pursuant to Section 10.01.

     Section 3.12 Maintenance of Hazard Insurance and Other Insurance. (a) For
each Mortgage Loan, the Master Servicer shall enforce any obligation of the
Servicers under the related Servicing Agreements to maintain or cause to be
maintained fire, flood and hazard insurance with extended coverage customary in
the area where the Mortgaged Property is located in accordance with the related
Servicing Agreements. It is understood and agreed that such insurance provided
for in this Section 3.12 shall be with insurers meeting the eligibility
requirements set forth in the applicable Servicing Agreement and that no
earthquake or other additional insurance is to be required of any Mortgagor or
to be maintained on property acquired in respect of a defaulted loan, other than
pursuant to such applicable laws and regulations as shall at any time be in
force and as shall require such additional insurance.

     (b) Pursuant to Sections 3.08 and 3.09, any amounts collected by the Master
Servicer, or by any Servicer, under any insurance policies (other than amounts
to be applied to the restoration or repair of the property subject to the
related Mortgage or released to the Mortgagor in accordance with the applicable
Servicing Agreement) shall be deposited into the Master Servicer Custodial
Account, subject to withdrawal pursuant to Sections 3.09 and 3.11. Any cost
incurred by the Master Servicer or any Servicer in maintaining any such
insurance if the Mortgagor defaults in its obligation to do so shall be added to
the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so
permit; provided, however, that the addition of any such cost shall not be taken
into account for purposes of calculating the distributions to be made to
Certificateholders and shall be recoverable by the Master Servicer or such
Servicer pursuant to Sections 3.08 and 3.09.

                                      -65-

     Section 3.13 Presentment of Claims and Collection of Proceeds. The Master
Servicer shall (to the extent provided in the applicable Servicing Agreement)
cause the related Servicer to, prepare and present on behalf of the Trust and
the Certificateholders all claims under the Insurance Policies and take such
actions (including the negotiation, settlement, compromise or enforcement of the
insured's claim) as shall be necessary to realize recovery under such policies.
Any proceeds disbursed to the Master Servicer (or disbursed to a Servicer and
remitted to the Master Servicer) in respect of such policies, bonds or contracts
shall be promptly deposited in the Master Servicer Custodial Account upon
receipt, except that any amounts realized that are to be applied to the repair
or restoration of the related Mortgaged Property as a condition precedent to the
presentation of claims on the related Mortgage Loan to the insurer under any
applicable Insurance Policy need not be so deposited (or remitted).

     Section 3.14 Enforcement of Due-On-Sale Clauses; Assumption Agreements. To
the extent provided in the applicable Servicing Agreement and to the extent
Mortgage Loans contain enforceable due-on-sale clauses, the Master Servicer
shall cause the Servicers to enforce such clauses in accordance with the
applicable Servicing Agreement. If applicable law prohibits the enforcement of a
due-on-sale clause or such clause is otherwise not enforced in accordance with
the applicable Servicing Agreement, and, as a consequence, a Mortgage Loan is
assumed, the original Mortgagor may be released from liability in accordance
with the applicable Servicing Agreement.

     Section 3.15 Realization Upon Defaulted Mortgage Loans; REO Property. (a)
The Master Servicer shall cause each Servicer (to the extent required under the
related Servicing Agreement) to foreclose upon or otherwise comparably convert
the ownership of Mortgaged Properties securing such of the Mortgage Loans as
come into and continue in default and as to which no satisfactory arrangements
can be made for collection of delinquent payments, all in accordance with the
applicable Servicing Agreement.

     (b) With respect to any REO Property, the deed or certificate of sale shall
be taken in the name of the Trust for the benefit of the Certificateholders, or
its nominee, on behalf of the Certificateholders. The Master Servicer shall
enforce the obligation of the Servicers, to the extent provided in the
applicable Servicing Agreement, to (i) cause the name of the Trust to be placed
on the title to such REO Property and (ii) ensure that the title to such REO
Property references this Agreement. The Master Servicer shall, to the extent
provided in the applicable Servicing Agreement, cause the applicable Servicer to
sell any REO Property as expeditiously as possible and in accordance with the
provisions of this Agreement and the related Servicing Agreement, as applicable.
Pursuant to its efforts to sell such REO Property, the Master Servicer shall
cause the applicable Servicer to protect and conserve such REO Property in the
manner and to the extent required by the applicable Servicing Agreement, subject
to the REMIC Provisions. In the event that the Trust Estate acquires any
Mortgaged Property as aforesaid or otherwise in connection with a default or
imminent default on a Mortgage Loan, the Master Servicer shall enforce the
obligation of the related Servicer to dispose of such Mortgaged Property within
the time period specified in the applicable Servicing Agreement, but in any
event within three years after the acquisition by the Servicer for the Trust
(such period, the "REO Disposition Period") unless (i) the Servicer provides to
the Trustee, the Master Servicer and the Securities Administrator an Opinion of
Counsel to the effect that the holding by the Trust of such Mortgaged Property
subsequent to three years after its acquisition will not result in the

                                      -66-

imposition of taxes on "prohibited transactions" of the Trust as defined in
Section 860F of the Code or under the law of any state in which real property
securing a Mortgage Loan owned by the Trust is located or cause any REMIC
created hereunder to fail to qualify as a REMIC for federal income tax purposes
or for state tax purposes under the laws of any state in which real property
securing a Mortgage Loan owned by the Trust is located at any time that any
Certificates are outstanding or (ii) the Servicer shall have applied for and
received an extension of such period from the Internal Revenue Service, in which
case the Trust Estate may continue to hold such Mortgaged Property for the
period of such extension.

     (c) The Master Servicer shall, to the extent required by the related
Servicing Agreement, cause the applicable Servicer to deposit all funds
collected and received in connection with the operation of any REO Property in
the Servicer Custodial Account.

     (d) The applicable Servicer, upon the final disposition of any REO
Property, shall be entitled to reimbursement for any related unreimbursed
Advances and other unreimbursed advances as well as any unpaid Servicing Fees
from Liquidation Proceeds received in connection with the final disposition of
such REO Property; provided that any such unreimbursed Advances as well as any
unpaid Servicing Fees may be reimbursed or paid, as the case may be, prior to
final disposition, out of any net rental income or other net amounts derived
from such REO Property.

     (e) The Liquidation Proceeds from the final disposition of the REO
Property, net of any payment to the applicable Servicer as provided above shall
be deposited in the related Servicer Custodial Account on or prior to the
Determination Date in the month following receipt thereof and be remitted by
wire transfer in immediately available funds to the Master Servicer for deposit
into the Master Servicer Custodial Account.

     Notwithstanding any other provision of this Agreement, the Master Servicer
shall not permit any Mortgaged Property acquired by the Trust to be rented (or
allowed to continue to be rented) or otherwise used for the production of income
by or on behalf of the Trust in such a manner or pursuant to any terms that
would (i) cause such Mortgaged Property to fail to qualify as "foreclosure
property" within the meaning of Section 860G(a)(8) of the Code, (ii) result in
the receipt by any REMIC created hereunder of any "income from non-permitted
assets" within the meaning of Section 860F(a)(2)(B) of the Code or any "net
income from foreclosure property" which is subject to taxation under the REMIC
Provisions or (iii) subject any REMIC created hereunder to the imposition of any
federal, state or local income taxes on the income earned from such Mortgaged
Property under Section 860G(c) of the Code or otherwise, unless the Master
Servicer or related Servicer, as applicable, has agreed to indemnify and hold
harmless the Trust with respect to the imposition of any such taxes.

     Notwithstanding any other provision of this Agreement, the Master Servicer
and the Securities Administrator, as applicable, shall comply with all federal
withholding requirements with respect to payments to Certificateholders of
interest or original issue discount that the Master Servicer or the Securities
Administrator reasonably believes are applicable under the Code. The consent of
Certificateholders shall not be required for any such withholding. Without
limiting the foregoing, the Securities Administrator agrees that it will not
withhold with respect to payments of interest or original issue discount in the
case of a Certificateholder that has

                                      -67-

furnished or caused to be furnished an effective Form W-8 or an acceptable
substitute form or a successor form and who is not a "10 percent shareholder"
within the meaning of Code Section 871(h)(3)(B) or a "controlled foreign
corporation" described in Code Section 881(c)(3)(C) with respect to the Trust or
the Depositor. In the event the Securities Administrator withholds any amount
from interest or original issue discount payments or advances thereof to any
Certificateholder pursuant to federal withholding requirements, the Securities
Administrator shall indicate the amount withheld to such Certificateholder.

     Section 3.16 Trustee to Cooperate; Release of Mortgage Files. Upon the
payment in full of any Mortgage Loan, or the receipt by the Master Servicer or
the related Servicer of a notification that payment in full will be escrowed in
a manner customary for such purposes, the Master Servicer or the related
Servicer will immediately notify the Trustee (or, at the direction of the
Trustee, a Custodian) by delivering, or causing to be delivered, two copies (one
of which will be returned to the related Servicer with the Mortgage File) of a
Request for Release (which may be delivered in an electronic format acceptable
to the Trustee and the Master Servicer or the related Servicer). Upon receipt of
such request, the Trustee or a Custodian, as applicable, shall within seven (7)
Business Days release the related Mortgage File to the Master Servicer or the
related Servicer. The Trustee shall at the Master Servicer's or the related
Servicer's direction execute and deliver to the Master Servicer or the related
Servicer the request for reconveyance, deed of reconveyance or release or
satisfaction of mortgage or such instrument releasing the lien of the Mortgage
relating to the Mortgage Loan, in each case provided by the Master Servicer or
the related Servicer, together with the Mortgage Note with written evidence of
cancellation thereon. If the Mortgage has been recorded in the name of MERS or
its designee, the Master Servicer shall enforce the applicable Servicer's
obligation under the related Servicing Agreement take all necessary action to
reflect the release of the Mortgage on the records of MERS. Expenses incurred in
connection with any instrument of satisfaction or deed of reconveyance shall be
chargeable to the related Mortgagor of the Mortgage Loan.

     From time to time and as shall be appropriate for the servicing or
foreclosure of any Mortgage Loan, including for such purpose collection under
any Primary Mortgage Insurance Policy, any policy of flood insurance, any
fidelity bond or errors or omissions policy, or for the purposes of effecting a
partial release of any Mortgaged Property from the lien of the Mortgage or the
making of any corrections to the Mortgage Note or the Mortgage or any of the
other documents included in the Mortgage File, the Trustee or a Custodian, as
applicable, shall, upon delivery to the Trustee (or, at the direction of the
Trustee, a Custodian) of a Request for Release signed by a Master Servicing
Officer or a Servicing Officer, release the Mortgage File within seven (7)
Business Days to the Master Servicer or the related Servicer. Subject to the
further limitations set forth below, the Master Servicer or the applicable
Servicer shall cause the Mortgage Files so released to be returned to the
Trustee or a Custodian, as applicable, when the need therefor no longer exists,
unless the Mortgage Loan is liquidated and the proceeds thereof are deposited in
the related Servicer Custodial Account, in which case such Servicer shall
deliver to the Trustee or a Custodian, as applicable, a Request for Release,
signed by a Servicing Officer.

     If the Master Servicer or any related Servicer at any time seeks to
initiate a foreclosure proceeding in respect of any Mortgaged Property as
authorized by this Agreement or the Servicing Agreement, the Master Servicer or
any related Servicer shall deliver or cause to be delivered to the Trustee, for
signature, as appropriate, any court pleadings, requests for trustee's

                                      -68-

sale or other documents necessary to effectuate such foreclosure or any legal
action brought to obtain judgment against the Mortgagor on the Mortgage Note or
the Mortgage or to obtain a deficiency judgment or to enforce any other remedies
or rights provided by the Mortgage Note or the Mortgage or otherwise available
at law or in equity.

     Section 3.17 Documents, Records and Funds in Possession of the Master
Servicer to be Held for the Trustee. Notwithstanding any other provisions of
this Agreement, the Master Servicer shall cause each Servicer to transmit to the
Trustee (or a Custodian on behalf of the Trustee) as required by this Agreement
and the Servicing Agreements all documents and instruments in respect of a
Mortgage Loan coming into the possession of the Servicer from time to time and
shall account fully to the Trustee for any funds received by the Master Servicer
or the related Servicer or which otherwise are collected by the Master Servicer
or the related Servicer as Liquidation Proceeds, Recoveries or Insurance
Proceeds in respect of any Mortgage Loan. All Mortgage Files and funds collected
or held by, or under the control of, the Master Servicer or the related Servicer
in respect of any Mortgage Loans, whether from the collection of principal and
interest payments or from Liquidation Proceeds, including but not limited to,
any funds on deposit in the Master Servicer Custodial Account or any Servicer
Custodial Account, shall be held by the Master Servicer or the related Servicer
for and on behalf of the Trustee and shall be and remain the sole and exclusive
property of the Trustee on behalf of the Trust, subject to the applicable
provisions of this Agreement and the related Servicing Agreement. The Master
Servicer also agrees that it shall not, and shall enforce any requirement under
the related Servicing Agreement that the related Servicer shall not, knowingly
create, incur or subject any Mortgage File or any funds that are deposited in
any Master Servicer Custodial Account, any Servicer Custodial Account, the
Certificate Account or any Escrow Account, or any funds that otherwise are or
may become due or payable to the Trustee for the benefit of the
Certificateholders, to any claim, lien, security interest, judgment, levy, writ
of attachment or other encumbrance created by the Master Servicer or Servicer,
or assert by legal action or otherwise any claim or right of setoff against any
Mortgage File or any funds collected on, or in connection with, a Mortgage Loan,
except, however, that the Master Servicer shall be entitled to set off against
and deduct from any such funds any amounts that are properly due and payable to
the Master Servicer under this Agreement.

     Section 3.18 Master Servicer Compensation. As compensation for its services
hereunder, the Master Servicer shall be entitled to the Master Servicer
Custodial Account Reinvestment Income. The Master Servicer shall be required to
pay all expenses incurred by it in connection with its master servicing
activities hereunder and shall not be entitled to reimbursement therefor except
as specifically provided in this Agreement.

     Section 3.19 Advances. The Master Servicer shall enforce the obligations of
each Servicer to make a Periodic Advance in accordance with the applicable
Servicing Agreement. A Servicer shall be entitled to be reimbursed from the
applicable Servicer Custodial Account for all Advances of its own funds made
pursuant to the related Servicing Agreement. Based upon information set forth in
the servicer reports, the Master Servicer shall inform the Securities
Administrator of the amount of the Periodic Advance to be made by a Servicer on
each applicable Advance Date no later than the related Remittance Date. If a
Servicer fails to make any required Periodic Advance pursuant to the related
Servicing Agreement, the Master Servicer shall (i) unless the Master Servicer
determines that such Periodic Advance would not be

                                      -69-

recoverable in its good faith business judgment, make such Periodic Advance not
later than the Business Day on which the Master Servicer is required to remit
funds to the Securities Administrator pursuant to Section 3.09(b) and (ii) to
the extent such failure leads to the termination of the Servicer and until such
time as a successor Servicer is appointed, continue to make Periodic Advances
required pursuant to the related Servicing Agreement for any Distribution Date,
within the same time frame set forth in (i) above, unless the Master Servicer
determines (to the extent provided in the related Servicing Agreement) that such
Periodic Advance would not be recoverable. If the Master Servicer is unable to
make a Periodic Advance required to be made by it in accordance with this
Section 3.19, the Master Servicer shall immediately, and in no event later than
5:00 P.M. New York time on the Business Day on which the Master Servicer is
required to remit funds to the Securities Administrator pursuant to Section
3.09(b), give written notice thereof to the Trustee, the Securities
Administrator and the Depositor.

     Section 3.20 Annual Statement as to Compliance. (a)Each of the Master
Servicer and the Securities Administrator shall deliver, and shall cause any
Additional Servicer engaged by it to deliver, or otherwise make available to the
Depositor and the Securities Administrator (and the Securities Administrator
will forward to the Trustee and each Rating Agency), no later than March 15th of
each calendar year beginning in 2007, an Officer's Certificate (each, together
with such similar certificate delivered by each Servicer as described in Section
3.20(b), a "Compliance Statement"), signed by an officer of such party, stating,
as to the signer thereof, that (a) a review of the activities of such party
during the preceding calendar year or portion thereof and of performance of such
party under this Agreement or such applicable agreement in case of an Additional
Servicer has been made under such officers' supervision and (b) to the best of
such officer's knowledge, based on such review, such party has fulfilled all of
its obligations under this Agreement or such applicable agreement in case of an
Additional Servicer in all material respects throughout such year, or, if there
has been a failure to fulfill any such obligation in any material respect,
specifying each such failure known to such officer and the nature and status
thereof. Such Compliance Statements shall contain no restrictions or limitations
on its use. The obligations of the Master Servicer and the Securities
Administrator under this Section apply to each entity that acted as Master
Servicer or Securities Administrator, as applicable, during the applicable
period, whether or not such entity is acting as Master Servicer or Securities
Administrator at the time such Compliance Statement is required to be delivered.

     (b) In the event the Master Servicer or the Securities Administrator is
terminated or resigns pursuant to the terms of this Agreement, such party shall
provide, and shall use its reasonable efforts to cause any Additional Servicer
that resigns or is terminated under any applicable servicing agreement to
provide, a Compliance Statement pursuant to this Section 3.20 with respect to
the period of time that the Master Servicer or the Securities Administrator was
subject to this Agreement or such applicable agreement in the case of an
Additional Servicer or the period of time that the Additional Servicer was
subject to such other servicing agreement. The Master Servicer shall enforce any
obligation of each Servicer, to the extent set forth in the related Servicing
Agreement, to deliver to the Master Servicer a Compliance Statement within the
time frame set forth in, and in such form and substance as may be required
pursuant to, the related Servicing Agreement. The Master Servicer shall include
such Compliance Statements of the Servicers with its own Compliance Statement to
be submitted pursuant to this Section 3.20.

                                      -70-

     Section 3.21 Assessments of Compliance and Attestation Reports. (a)Each of
the Master Servicer, the Securities Administrator and the Custodian, each at its
own expense, shall deliver, and shall cause each Servicing Function Participant
engaged by it to deliver, or otherwise make available to the Depositor and the
Securities Administrator on or before March 15th of each calendar year beginning
in 2007, a report regarding such party's assessment of compliance with the
Relevant Servicing Criteria (each, together with such similar report delivered
by each Servicer as described in Section 3.21(c), an "Assessment of
Compliance"), that contains (i) a statement by such party of its responsibility
for assessing compliance with the Relevant Servicing Criteria, (ii) a statement
that such party used the Relevant Servicing Criteria to assess compliance with
the Relevant Servicing Criteria, (iii) such party's assessment of compliance
with the Relevant Servicing Criteria as of and for the fiscal year covered by
the Form 10-K required to be filed pursuant to Section 3.22(c), including, if
there has been any material instance of noncompliance with the Relevant
Servicing Criteria, a discussion of each such failure and the nature and status
thereof and (iv) a statement that a registered public accounting firm has issued
an attestation report on such party's assessment of compliance with the Relevant
Servicing Criteria as of and for such period.

     No later than February 1 of each fiscal year for the Trust for which a 10-K
is required to be filed, the Master Servicer, the Securities Administrator and
the Custodian shall each forward to the Securities Administrator and the
Depositor the name of each Servicing Function Participant engaged by it and what
Relevant Servicing Criteria will be addressed in the report on assessment of
compliance prepared by such Servicing Function Participant. When the Master
Servicer, the Securities Administrator and the Custodian (or any Servicing
Function Participant engaged by them) submit their assessments to the Securities
Administrator and the Depositor, such parties will also at such time include the
assessment (and attestation pursuant to Section 3.21(b)) of each Servicing
Function Participant engaged by it.

     Promptly after receipt of such Assessments of Compliance, the Securities
Administrator shall confirm that the Assessments of Compliance, taken
individually address the Relevant Servicing Criteria for each party as set forth
on Exhibit Q and on any similar exhibit set forth in each Servicing Agreement in
respect of each Servicer and notify the Depositor of any exceptions. None of
such parties shall be required to deliver any such Assessments of Compliance
until April 15 in any given year so long as it has received written confirmation
from the Depositor that a Form 10-K is not required to be filed in respect of
the Trust for the preceding calendar year. The Custodian and any Servicing
Function Participant engaged by it shall not be required to deliver or cause the
delivery of such Assessments of Compliance in any given year so long as it has
received written confirmation from the Depositor that a Form 10-K is not
required to be filed in respect of the Trust for the preceding fiscal year.

     (b) Each of the Master Servicer, the Securities Administrator and the
Custodian, each at its own expense, shall cause, and shall cause each Servicing
Function Participant engaged by it to cause, on or before March 15th of each
calendar year beginning in 2007, a registered public accounting firm (which may
also render other services to the Master Servicer, the Securities Administrator,
the Custodian or such other Servicing Function Participants, as the case may be)
and that is a member of the American Institute of Certified Public Accountants
to furnish a report (each, together with such similar report delivered by each
Servicer as described in Section 3.21(c), an "Attestation Report") to the
Securities Administrator and the Depositor, to the effect

                                      -71-

that (i) it has obtained a representation regarding certain matters from the
management of such party, which includes an assertion that such party has
complied with the Relevant Servicing Criteria, and (ii) on the basis of an
examination conducted by such firm in accordance with standards for attestation
engagements issued or adopted by the Public Company Accounting Oversight Board,
it is expressing an opinion as to whether such party's compliance with the
Relevant Servicing Criteria was fairly stated in all material respects, or it
cannot express an overall opinion regarding such party's assessment of
compliance with the Relevant Servicing Criteria. In the event that an overall
opinion cannot be expressed, such registered public accounting firm shall state
in such Attestation Report why it was unable to express such an opinion. Each
such related Attestation Report shall be made in accordance with Rules
1-02(a)(3) and 2-02(g) of the Commission's Regulation S-X. Such Attestation
Reports must be available for general use and not contain restricted use
language. If requested by the Depositor, such report shall contain or be
accompanied by a consent of such accounting firm to inclusion or incorporation
of such report in the Depositor's registration statement on Form S-3 relating to
the Offered Certificates and the Form 10-K for the Trust.

     Promptly after receipt of such Attestation Reports, the Securities
Administrator shall confirm that each Assessment of Compliance is coupled with a
related Attestation Report and shall notify the Depositor of any exceptions. The
Master Servicer shall include each such Attestation Report furnished to it by
the Servicers with its own Attestation Report to be submitted to the Securities
Administrator pursuant to this Section 3.21. None of the Master Servicer, the
Securities Administrator or any Servicing Function Participant engaged by such
parties shall be required to deliver or cause the delivery of such Attestation
Reports until April 15 in any given year so long as it has received written
confirmation from the Depositor that a Form 10-K is not required to be filed in
respect of the Trust for the preceding fiscal year. The Custodian and any
Servicing Function Participant engaged by it shall not be required to deliver or
cause the delivery of such Attestation Report in any given year so long as it
has received written confirmation from the Depositor that a Form 10-K is not
required to be filed in respect of the Trust for the preceding fiscal year.

     (c) The Master Servicer shall enforce any obligation of each Servicer, to
the extent set forth in the related Servicing Agreement, to deliver to the
Master Servicer an Assessment of Compliance and related Attestation Report
within the time frame set forth in, and in such form and substance as may be
required pursuant to, the related Servicing Agreement. The Master Servicer shall
include such Assessments of Compliance and Attestation Reports of the Servicers
with its own Assessment of Compliance and related Attestation Report to be
submitted pursuant to this Section 3.21.

     (d) In the event the Master Servicer, the Custodian or the Securities
Administrator is terminated or resigns pursuant to the terms of this Agreement,
such party shall provide, and each such party shall cause any Servicing Function
Participant engaged by it to provide, an Assessment of Compliance pursuant to
this Section 3.21, coupled with an Attestation Report as required in this
Section 3.21 with respect to the period of time that the Master Servicer or the
Securities Administrator was subject to this Agreement.

     Section 3.22 Reports to the Commission. (a) The Securities Administrator
and the Master Servicer shall reasonably cooperate with the Depositor in
connection with the Trust's

                                      -72-

satisfying its reporting requirements under the Exchange Act. Without limiting
the generality of the foregoing, the Securities Administrator shall prepare and
file on behalf of the Trust any Form 8-K, Form 10-D and Form 10-K required by
the Exchange Act and the rules and regulations of the Commission thereunder, and
the Master Servicer shall sign such Forms on behalf of the Trust.
Notwithstanding the previous sentence, the Depositor shall file the Form 8-K in
connection with the filing of this Agreement.

     (b) Within 15 days after each Distribution Date (subject to permitted
extensions under the Exchange Act), the Securities Administrator shall prepare
and file on behalf of the Trust any Form 10-D required by the Exchange Act, in
form and substance as required by the Exchange Act. The Securities Administrator
shall file each Form 10-D with a copy of the Monthly Statement for such
Distribution Date attached thereto. Any disclosure in addition to the Monthly
Statement for such Distribution Date that is required to be included on Form
10-D ("Additional Form 10-D Disclosure") shall be reported by the parties set
forth on Exhibit R hereto to the Depositor and the Securities Administrator and
directed and approved by the Depositor pursuant to the following paragraph, and
the Securities Administrator will have no duty or liability for any failure
hereunder to determine or prepare any Additional Form 10-D Disclosure, except as
set forth in this Section 3.22(b).

     As set forth on Exhibit R hereto, within 5 calendar days after the related
Distribution Date, (i) the parties described on Exhibit R shall be required to
provide to the Securities Administrator (at cts.sec.notifications@wellsfargo.com
with a copy by facsimile to 410-715-2380) and the Depositor, to the extent known
by a responsible officer thereof, in EDGAR-compatible format, or in such other
format as otherwise agreed upon by the Securities Administrator and such party,
any Additional Form 10-D Disclosure, if applicable, together with an Additional
Disclosure Notification in the form of Exhibit V and (ii) the Depositor shall
approve, as to form and substance, or disapprove, as the case may be, the
inclusion of the Additional Form 10-D Disclosure on Form 10-D. The Securities
Administrator shall compile all such information provided to it in a Form 10-D
prepared by it. The Securities Administrator has no duty under this Agreement to
monitor or enforce the performance by the parties listed on Exhibit R of their
duties under this paragraph or proactively solicit or procure from such parties
any Additional Form 10-D Disclosure information. The Depositor will be
responsible for any reasonable fees and expenses assessed or incurred by the
Securities Administrator in connection with including any Additional Form 10-D
Disclosure on Form 10-D pursuant to this paragraph.

     After preparing the Form 10-D, the Securities Administrator shall, upon
request, forward electronically a copy of the Form 10-D to the Master Servicer
for review and, only if Additional Form 10-D Disclosure is contained therein,
the Securities Administrator shall forward such Form 10-D to the Depositor for
review. Within 2 Business Days after receipt of such copy, the Depositor shall
notify the Securities Administrator in writing (which may be furnished
electronically) of any changes to or approval of such Form 10-D. In the absence
of any written changes or approval, the Securities Administrator shall be
entitled to assume that such Form 10-D is in final form and the Securities
Administrator may proceed with the execution and filing of the Form 10-D. A duly
authorized officer of the Master Servicer shall sign each Form 10-D. If a Form
10-D cannot be filed on time or if a previously filed Form 10-D needs to be
amended, the Securities Administrator will follow the procedures set forth in
Section 3.22(f)(ii). Form 10-D requires the registrant to indicate (by checking
"yes" or "no") that it "(1) has filed all

                                      -73-

reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days." The Depositor hereby represents to the
Securities Administrator that the Depositor has filed all such required reports
during the preceding 12 months and that is has been subject to such filing
requirement for the past 90 days. The Depositor shall notify the Securities
Administrator in writing, no later than the fifth calendar day after the related
Distribution Date with respect to the filing of a report on Form 10-D, if the
answer to either question should be "no." The Securities Administrator shall be
entitled to rely on such representations in preparing, executing and/or filing
any such report. Promptly (but no later than 1 Business Day) after filing with
the Commission, the Securities Administrator will make available on its internet
website a final executed copy of each Form 10-D prepared and filed by the
Securities Administrator. The signing party at the Master Servicer can be
contacted at the address specified in Section 11.05. Each party to this
Agreement acknowledges that the performance by the Master Servicer and
Securities Administrator of its duties under this Section 3.22(b) related to the
timely preparation, arrangement for execution and filing of Form 10-D is
contingent upon such parties strictly observing all applicable deadlines in the
performance of their duties under this Section 3.22(b) and also contingent upon
the Servicers, the Custodian and any Servicing Function Participant strictly
observing deadlines no later than these set forth in this paragraph that are
applicable to the parties to this Agreement in the delivery to the Securities
Administrator of any necessary Additional Form 10-D Disclosure pursuant to the
related Servicing Agreements, any custodial agreement or any other applicable
agreement. Neither the Master Servicer nor the Securities Administrator shall
have any liability for any loss, expense, damage, claim arising out of or with
respect to any failure to properly prepare, arrange for execution and/or timely
file such Form 10-D, where such failure results from the Master Servicer's or
the Securities Administrator's inability or failure to receive, on a timely
basis, any information from any other party hereto or any Servicer, Custodian or
Servicing Function Participant needed to prepare, arrange for execution or file
such Form 10-D, not resulting from its own negligence, bad faith or willful
misconduct.

     (c) On or prior to the 90th day after the end of each fiscal year of the
Trust or such earlier date as may be required by the Exchange Act (the "10-K
Filing Deadline") (it being understood that the fiscal year for the Trust ends
on December 31st of each year), commencing in March 2007, the Securities
Administrator shall prepare and file on behalf of the Trust a Form 10-K, in form
and substance as required by the Exchange Act. Each such Form 10-K shall include
the following items, in each case to the extent they have been delivered to the
Securities Administrator within the applicable time frames set forth in this
Agreement and the related Servicing Agreements:

          (i) a Compliance Statement for each Servicer, the Master Servicer and
     the Securities Administrator (each, a "Reporting Servicer") as described
     under Section 3.20;

          (ii) (A) the Assessment of Compliance for each Reporting Servicer, as
     described under Section 3.21(a) and (c), and (B) if each Reporting
     Servicer's Assessment of Compliance identifies any material instance of
     noncompliance, disclosure identifying such instance of noncompliance, or if
     each Reporting Servicer's Assessment of Compliance is not included as an
     exhibit to such Form 10-K, disclosure that such report is not included and
     an explanation why such report is not included; provided, however,

                                      -74-

     that the Securities Administrator, at its discretion, may omit from the
     Form 10-K any Assessment of Compliance described in this clause (ii) or
     Attestation Report described in clause (iii) below that is not required to
     be filed with such Form 10-K pursuant to Regulation AB;

          (iii) (A) the Attestation Report for each Reporting Servicer, as
     described under Section 3.21(b) and (c), and (B) if any Reporting
     Servicer's Attestation Report identifies any material instance of
     noncompliance, disclosure identifying such instance of noncompliance, or if
     any Reporting Servicer's Attestation Report is not included as an exhibit
     to such Form 10-K, disclosure that such Attestation Report is not included
     and an explanation why such Attestation Report is not included; and

          (iv) a Sarbanes-Oxley Certification, as described in Section 3.22(e).

     Any disclosure or information in addition to (i) through (iv) above that is
required to be included on Form 10-K ("Additional Form 10-K Disclosure") shall
be reported by the parties set forth on Exhibit S to the Depositor and the
Securities Administrator and directed and approved by the Depositor pursuant to
the following paragraph, and the Securities Administrator will have no duty or
liability for any failure hereunder to determine or prepare any Additional Form
10-K Disclosure, except as set forth in this Section 3.22(c).

     As set forth on Exhibit S hereto, no later than March 1 of each year that
the Trust is subject to the Exchange Act reporting requirements, commencing in
2007, (i) the parties described in Exhibit S shall be required to provide to the
Securities Administrator (at cts.sec.notifications@wellsfargo.com with a copy by
facsimile to 410-715-2380) and the Depositor, to the extent known by a
responsible officer thereof, in EDGAR-compatible format, or in such other format
as otherwise agreed upon by the Securities Administrator and such party,
together with an Additional Disclosure Notification in the form attached hereto
as Exhibit V and (ii) the Depositor shall approve, as to form and substance, or
disapprove, as the case may be, the inclusion of the Additional Form 10-K
Disclosure on Form 10-K. The Securities Administrator shall compile all such
information provided to it in a Form 10-K prepared by it. The Securities
Administrator has no duty under this Agreement to monitor or enforce the
performance by the parties listed on Exhibit S of their duties under this
paragraph or proactively solicit or procure from such parties any Additional
Form 10-K Disclosure information. The Depositor will be responsible for any
reasonable fees and expenses assessed or incurred by the Securities
Administrator in connection with including any Additional Form 10-K Disclosure
on Form 10-K pursuant to this paragraph.

     After preparing the Form 10-K, the Securities Administrator shall forward
electronically a copy of the Form 10-K to the Master Servicer and Depositor for
review. Within three Business Days after receipt of such copy, the Depositor
shall notify the Securities Administrator in writing (which may be furnished
electronically) of any changes to or approval of such Form 10-K. A senior
officer of the Master Servicer in charge of the master servicing function shall
sign the Form 10-K. If a Form 10-K cannot be filed on time or if a previously
filed Form 10-K needs to be amended, the Securities Administrator will follow
the procedures set forth in Section 3.22(h)(ii). Form 10-K requires the
registrant to indicate (by checking "yes" or "no") that it "(1) has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the

                                      -75-

preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days." The Depositor hereby represents to the Securities
Administrator that the Depositor has filed all such required reports during the
preceding 12 months and that is has been subject to such filing requirement for
the past 90 days. The Depositor shall notify the Securities Administrator in
writing, no later than March 15th with respect to the filing of a report on Form
10-K, if the answer to either question should be "no." The Securities
Administrator shall be entitled to rely on such representations in preparing,
executing and/or filing any such report. Promptly (but no later than 1 Business
Day) after filing with the Commission, the Securities Administrator will make
available on its internet website a final executed copy of each Form 10-K
prepared and filed by the Securities Administrator. The signing party at the
Master Servicer can be contacted at the address specified in Section 11.05. The
parties to this Agreement acknowledge that the performance by the Master
Servicer and the Securities Administrator of its duties under this Section
3.22(c) related to the timely preparation, arrangement for execution and filing
of Form 10-K is contingent upon such parties strictly observing all applicable
deadlines in the performance of their duties under this Section 3.22(c), Section
3.22(e), Section 3.20 and Section 3.21 and is also contingent upon the
Servicers, the Custodian and any Servicing Function Participant strictly
observing deadlines no later than those set forth in this paragraph that are
applicable to the parties to this Agreement in the delivery to the Securities
Administrator of any necessary Additional Form 10-K Disclosure, any Compliance
Statement and any Assessment of Compliance and Attestation Report pursuant to
the related Servicing Agreements, any custodial agreement or any other
applicable agreement. Neither the Master Servicer nor the Securities
Administrator shall have any liability for any loss, expense, damage, claim
arising out of or with respect to any failure to properly prepare, arrange for
execution and/or timely file such Form 10-K, where such failure results from the
Securities Administrator's inability or failure to receive, on a timely basis,
any information from any other party hereto or any Servicer or Servicing
Function Participant needed to prepare, arrange for execution or file such Form
10-K, not resulting from its own negligence, bad faith or willful misconduct.

     (d) Within four (4) Business Days after the occurrence of an event
requiring disclosure on Form 8-K (each such event, a "Reportable Event"), and if
requested by the Depositor, the Securities Administrator shall prepare and file
on behalf of the Trust any Form 8-K, as required by the Exchange Act, provided
that the Depositor shall file the initial Form 8-Ks in connection with the
issuance of the Certificates. Any disclosure or information related to a
Reportable Event or that is otherwise required to be included on Form 8-K other
than the initial Form 8-Ks filed in connection with the issuance of the
Certificates ("Form 8-K Disclosure Information") shall be reported by the
parties set forth on Exhibit T hereto to the Depositor and the Securities
Administrator and directed and approved by the Depositor pursuant to the
following paragraph, and the Securities Administrator will have no duty or
liability for any failure hereunder to determine or prepare any Additional Form
8-K Disclosure Information, or any Form 8-K, except as set forth in this Section
3.22(d).

     As set forth on Exhibit T hereto, no later than the end of business on the
2nd Business Day after the occurrence of a Reportable Event (i) the parties to
this transaction shall be required to provide to the Securities Administrator
(at cts.sec.notifications@wellsfargo.com with a copy by facsimile to
410-715-2380) and to the Depositor, to the extent known by a responsible officer
thereof, in EDGAR-compatible format, or in such other format as otherwise agreed
upon by the

                                      -76-

Securities Administrator and such party, any Form 8-K Disclosure Information, if
applicable, together with an Additional Disclosure Notification in the form
attached hereto as Exhibit V and (ii) the Depositor shall approve, as to form
and substance, or disapprove, as the case may be, the inclusion of the Form 8-K
Disclosure Information. The Securities Administrator shall compile all such
information provided to it in a Form 8-K prepared by it. The Securities
Administrator has no duty under this Agreement to monitor or enforce the
performance by the parties listed on Exhibit T of their duties under this
paragraph or proactively solicit or procure from such parties any Form 8-K
Disclosure Information. The Depositor will be responsible for any reasonable
fees and expenses assessed or incurred by the Securities Administrator in
connection with including any Form 8-K Disclosure Information on Form 8-K
pursuant to this paragraph.

     After preparing the Form 8-K, the Securities Administrator shall forward
electronically a copy of the Form 8-K to the Master Servicer and Depositor for
review. No later than the close of business New York City time on the 3rd
Business Day after the Reportable Event, the Depositor shall notify the
Securities Administrator in writing (which may be furnished electronically) of
any changes to or approval of such Form 8-K. In the absence of receipt of any
written changes or approval, the Securities Administrator shall be entitled to
assume that such Form 8-K is in final form and the Securities Administrator may
proceed with the execution and filing of the Form 8-K. A duly authorized officer
of the Master Servicer shall sign the Form 8-K and shall return the signed Form
8-K to the Securities Administrator no later than noon New York City time on the
fourth Business Day after the Reportable Event. If a Form 8-K cannot be filed on
time or if a previously filed Form 8-K needs to be amended, the Securities
Administrator will follow the procedures set forth in Section 3.22(h)(ii).
Promptly (but no later than 1 Business Day) after filing with the Commission,
the Securities Administrator will, make available on its internet website a
final executed copy of each Form 8-K prepared and filed by the Securities
Administrator. The signing party at the Master Servicer can be contacted at the
address specified in Section 11.05. The parties to this Agreement acknowledge
that the performance by the Securities Administrator of its duties under this
Section 3.22(d) related to the timely preparation, arrangement for execution and
filing of Form 8-K is contingent upon such parties strictly observing all
applicable deadlines in the performance of their duties under this Section
3.22(d) and also contingent upon the Servicers, the Custodian and any Servicing
Function Participant strictly observing deadlines no later than those set forth
in this paragraph that are applicable to the parties to this Agreement in the
delivery to the Securities Administrator of any necessary Form 8-K Disclosure
Information pursuant to the related Servicing Agreements, any custodial
agreement or any other applicable agreement. Neither the Master Servicer nor the
Securities Administrator shall have any liability for any loss, expense, damage,
claim arising out of or with respect to any failure to properly prepare, arrange
for execution and/or timely file such Form 8-K, where such failure results from
the Securities Administrator's inability or failure to receive, on a timely
basis, any information from any other party hereto or any Servicer, Custodian or
Servicing Function Participant needed to prepare, arrange for execution or file
such Form 8-K, not resulting from its own negligence, bad faith or willful
misconduct.

     (e) Each Form 10-K shall include a certification (the "Sarbanes-Oxley
Certification"), exactly as set forth in Exhibit M attached hereto, required to
be included therewith pursuant to the Sarbanes-Oxley Act. The Securities
Administrator shall provide, and shall cause any Servicing Function Participant
engaged by it to provide, to the Person who signs the Sarbanes-Oxley
Certification (the "Certifying Person"), by March 15th of each year in which

                                      -77-

the Trust is subject to the reporting requirements of the Exchange Act and
otherwise within a reasonable period of time upon request, a certification
(each, together with such similar certification delivered by each Servicer as
described in Section 3.22(f), a "Back-up Certification"), in the form attached
hereto as Exhibit R, upon which the Certifying Person, the entity for which the
Certifying Person acts as an officer, and such entity's officers, directors and
affiliates (collectively with the Certifying Person, "Certification Parties")
can reasonably rely. The senior officer of the Master Servicer in charge of the
master servicing function shall serve as the Certifying Person on behalf of the
Trust. In the event the Master Servicer, the Securities Administrator or any
Servicing Function Participant engaged by such parties is terminated or resigns
pursuant to the terms of this Agreement, or any applicable sub-servicing
agreement, as the case may be, such party shall provide a Back-up Certification
to the Certifying Person pursuant to this Section 3.22(e) with respect to the
period of time it was subject to this Agreement or any applicable sub-servicing
agreement, as the case may be. Notwithstanding the foregoing, the Master
Servicer shall not be obligated to sign the Sarbanes-Oxley Certification in the
event that it does not receive any Back-up Certification required to be
furnished to it pursuant to this section or any Servicing Agreement or Custodial
Agreement.

     (f) Pursuant to the related Servicing Agreements, the Master Servicer shall
enforce the obligation of each Servicer to provide the Back-up Certification
required pursuant to each of the Servicing Agreements.

     (g) Upon any filing with the Commission prepared and filed by the
Securities Administrator, the Securities Administrator shall promptly deliver or
make available to the Depositor a copy of any such executed report, statement or
information.

     (h) (i) The obligations set forth in paragraphs (a) through (g) of this
Section shall only apply with respect to periods for which reports are required
to be filed with respect to the Trust under the Exchange Act. On or prior to
January 30 of the first year in which the Securities Administrator is able to do
so under applicable law, unless otherwise requested by the Depositor, the
Securities Administrator shall prepare and file with the Commission a Form 15
Suspension Notification executed by the Master Servicer with respect to the
Trust, with a copy to the Depositor. At the beginning of the calendar year after
the filing of a Form 15 Suspension Notification, if the Depositor or the
Certificate Registrar determines that the number of Certificateholders of the
Offered Certificates of record exceeds the number set forth in Section 15(d) of
the Exchange Act or the regulations promulgated pursuant thereto which would
cause the Trust to again become subject to the reporting requirements of the
Exchange Act, it shall promptly notify the Securities Administrator and the
Securities Administrator shall recommence preparing and filing reports on Form
8-K, Form 10-D and Form 10-K as required pursuant to this Section and the
then-current reporting requirements of the Exchange Act and the parties hereto
will again have the obligations set forth in paragraphs (a) through (h) of this
Section.

     (ii) In the event that the Securities Administrator is unable to timely
file with the Commission all or any required portion of any Form 8-K, Form 10-D
or Form 10-K required to be filed by this Agreement because required disclosure
information was either not delivered to it or delivered to it after the delivery
deadlines set forth in this Agreement or for any other reason, the Securities
Administrator will immediately electronically notify the Depositor and the
Master Servicer of such inability to make a timely filing with the Commission.
In the case of Form 10-

                                      -78-

D and Form 10-K, the Securities Administrator, the Master Servicer, the Trustee
and the Depositor will cooperate to prepare and file a Form 12b-25 and a Form
10-D/A and Form 10-K/A as applicable, pursuant to Rule 12b-25 of the Exchange
Act. In the case of Form 8-K, the Securities Administrator will, upon receipt of
all required Form 8-K Disclosure Information and upon the approval and direction
of the Depositor, include such disclosure information on the next Form 10-D. In
the event that any previously filed Form 8-K, Form 10-D or Form 10-K needs to be
amended in connection with any Additional Form 10-D Disclosure (other than, in
the case of Form 10-D, for the purpose of restating any Monthly Statement),
Additional Form 10-K Disclosure or Form 8-K Disclosure Information, the
Securities Administrator will notify the Depositor and such other parties to the
transaction as are affected by such amendment, and such parties will cooperate
to prepare any necessary Form 8-K/A, Form 10-D/A or Form 10-K/A. Any Form 15,
Form 12b-25 or any amendment to Form 8-K or Form 10-D shall be signed by a duly
authorized officer (and a senior officer with respect to the Form 10-K) of the
Master Servicer. The parties to this Agreement acknowledge that the performance
by the Master Servicer and the Securities Administrator of their duties under
this Section 3.22(h) related to the timely preparation, arrangement for
execution and filing of Form 15, a Form 12b-25 or any amendment to Form 8-K,
Form 10-D or Form 10-K is contingent upon each such party performing its duties
under this Section 3.22(h). Neither the Master Servicer nor the Securities
Administrator shall have any liability for any loss, expense, damage, claim
arising out of or with respect to any failure to properly prepare, arrange for
execution and/or timely file any such Form 15, Form 12b-25 or any amendments to
Forms 8-K, Form 10-D or Form 10-K, where such failure results from the
Securities Administrator's inability or failure to receive, on a timely basis,
any information from any other party hereto or any Servicer, the Custodian or
any Servicing Function Participant needed to prepare, arrange for execution or
file such Form 15, Form 12b-25 or any amendments to Forms 8-K, Form 10-D or Form
10-K, not resulting from its own negligence, bad faith or willful misconduct.

     (i) Notwithstanding the provision of Section 11.01, this Section 3.22 may
be amended without the consent of the Certificateholders.

                                      -79-

                                   ARTICLE IV

                          MASTER SERVICER'S CERTIFICATE

     Section 4.01 Master Servicer's Certificate. Each month, not later than
12:00 noon Eastern time on the 18th calendar day of such month (or if such day
is not a Business Day, the following Business Day), the Master Servicer shall
deliver to the Securities Administrator, a Master Servicer's Certificate based
solely on the information provided by the Servicers (in substance and format
mutually acceptable to the Master Servicer and the Securities Administrator)
certified by a Master Servicing Officer setting forth the information necessary
in order for the Securities Administrator to perform its obligations under this
Agreement. The Securities Administrator may conclusively rely upon the
information contained in a Master Servicer's Certificate delivered by the Master
Servicer for all purposes hereunder and shall have no duty to verify or
re-compute any of the information contained therein.

                                   ARTICLE V

                 PAYMENTS AND STATEMENTS TO CERTIFICATEHOLDERS;
                              REMIC ADMINISTRATION

     Section 5.01 Distributions. On each Distribution Date, based solely on the
information in the Master Servicer's Certificate, the Securities Administrator
shall distribute out of the Certificate Account, the Intermediate Lower-Tier
Certificate Sub-Account, the Exchangeable Certificates Grantor Trust or the
Upper-Tier Certificate Sub-Account, as applicable (to the extent funds are
available therein), to each Certificateholder of record on the related Record
Date (other than as provided in Section 10.01 respecting the final distribution)
(a) by check mailed to such Certificateholder entitled to receive a distribution
on such Distribution Date at the address appearing in the Certificate Register,
or (b) upon written request by the Holder of a Certificate (other than a
Residual Certificate), by wire transfer or by such other means of payment as
such Certificateholder and the Securities Administrator shall agree upon, such
Certificateholder's Percentage Interest in the amount to which the related Class
of Certificates is entitled in accordance with the priorities set forth below in
Section 5.02.

     None of the Holders of any Class of Certificates, the Depositor, the Master
Servicer, the Securities Administrator or the Trustee shall in any way be
responsible or liable to Holders of any Class of Certificates in respect of
amounts properly previously distributed on any such Class.

     Amounts distributed with respect to any Class of Certificates shall be
applied first to the distribution of interest thereon and then to principal
thereon.

     Section 5.02 Priorities of Distributions. (a) On each Distribution Date,
the Securities Administrator shall withdraw from the Certificate Account (to the
extent funds are available therein) (1) to the extent not previously paid, the
amounts payable to the Master Servicer, the Securities Administrator and the
Trustee pursuant to Section 3.09(f) and (g) and Section 3.11 and shall pay such
funds to itself, the Master Servicer and the Trustee, as applicable, and (2)
based solely on the information contained in the Master Servicer's Certificate,
the Pool Distribution Amount for each Loan Group, and shall apply such funds to
the Certificates in the following

                                      -80-

order of priority and to the extent of such funds, paying each Group solely from
the Pool Distribution Amount for the Related Loan Group, in the following order
of priority and to the extent of such funds:

          (i) concurrently to each Class of Senior Certificates and IO Component
     of such Group, an amount allocable to interest equal to the Interest
     Distribution Amount for such Class or Component Interest Distribution
     Amount for such Component and any shortfall being allocated among such
     Classes or Component in proportion to the amount of the Interest
     Distribution Amount or Component Interest Distribution Amount, as the case
     may be, that would have been distributed in the absence of such shortfall
     but, until the Accretion Termination Date, amounts that would have been
     distributed pursuant to this clause to the Class 1-A-15 Certificates may be
     distributed instead as principal to the Class 1-A-2 Certificates in
     accordance with Section 5.02(b)(v);

          (ii) other than in the case of Group 2, to the Senior Non-PO
     Certificates of such Group, in an aggregate amount up to the Senior
     Principal Distribution Amount for the related Loan Group, such distribution
     to be allocated among such Classes in accordance with Section 5.02(b), and
     with respect to Group 2, concurrently, (a) to the Class 30-PO Certificates
     and (b) to the Senior Non-PO Certificates of Group 2, pro rata, (A) to the
     Senior Non-PO Certificates of Group 2, in an aggregate amount up to the
     Senior Principal Distribution Amount for Loan Group 2, such distribution to
     be allocated among such Classes in accordance with Section 5.02(b) and (B)
     to the Class 30-PO Certificates, in an aggregate amount up to the PO
     Principal Amount for Loan Group 2;

          (iii) in the case of Group 2, to the Class 30-PO Certificates, to pay
     any applicable PO Deferred Amounts (after giving effect to the distribution
     to the Class 30-PO Certificates of the PO Recovery for Loan Group 2), up to
     the Subordinate Principal Distribution Amounts from amounts otherwise
     distributable to the Subordinated Certificate, first to the Class B-6
     Certificates pursuant to clause (iv)(N) below, second to the Class B-5
     Certificates, pursuant to clause (iv)(L) below, third to the Class B-4
     Certificates, pursuant to clause (iv)(J) below, fourth to the Class B-3
     Certificates, pursuant to clause (iv)(H) below, fifth to the Class B-2
     Certificates, pursuant to clause (iv)(F) below, sixth to the Class B-1
     Certificates, pursuant to clause (iv)(D) below and finally to the Class M
     Certificates, pursuant to clause (iv)(B) below;

          (iv) to each Class of Subordinate Certificates, subject to paragraph
     (d) below, in the following order of priority:

               (A) to the Class M Certificates, an amount allocable to interest
          equal to the Interest Distribution Amount for such Class for such
          Distribution Date;

               (B) to the Class M Certificates an amount allocable to principal
          equal to its Pro Rata Share for such Distribution Date less any amount
          used to pay the applicable PO Deferred Amounts pursuant to clause
          (iii) above until the Class Certificate Balance thereof has been
          reduced to zero;

                                      -81-

               (C) to the Class B-1 Certificates, an amount allocable to
          interest equal to the Interest Distribution Amount for such Class for
          such Distribution Date;

               (D) to the Class B-1 Certificates, an amount allocable to
          principal equal to its Pro Rata Share for such Distribution Date less
          any amount used to pay the applicable PO Deferred Amounts pursuant to
          clause (iii) above until the Class Certificate Balance thereof has
          been reduced to zero;

               (E) to the Class B-2 Certificates, an amount allocable to
          interest equal to the Interest Distribution Amount for such Class for
          such Distribution Date;

               (F) to the Class B-2 Certificates, an amount allocable to
          principal equal to its Pro Rata Share for such Distribution Date less
          any amount used to pay the applicable PO Deferred Amounts pursuant to
          clause (iii) above until the Class Certificate Balance thereof has
          been reduced to zero;

               (G) to the Class B-3 Certificates, an amount allocable to
          interest equal to the Interest Distribution Amount for such Class for
          such Distribution Date;

               (H) to the Class B-3 Certificates, an amount allocable to
          principal equal to its Pro Rata Share for such Distribution Date less
          any amount used to pay the applicable PO Deferred Amounts pursuant to
          clause (iii) above until the Class Certificate Balance thereof has
          been reduced to zero;

               (I) to the Class B-4 Certificates, an amount allocable to
          interest equal to the Interest Distribution Amount for such Class for
          such Distribution Date;

               (J) to the Class B-4 Certificates, an amount allocable to
          principal equal to its Pro Rata Share for such Distribution Date less
          any amount used to pay the applicable PO Deferred Amounts pursuant to
          clause (iii) above until the Class Certificate Balance thereof has
          been reduced to zero;

               (K) to the Class B-5 Certificates, an amount allocable to
          interest equal to the Interest Distribution Amount for such Class for
          such Distribution Date;

               (L) to the Class B-5 Certificates, an amount allocable to
          principal equal to its Pro Rata Share for such Distribution Date less
          any amount used to pay the applicable PO Deferred Amounts pursuant to
          clause (iii) above until the Class Certificate Balance thereof has
          been reduced to zero;

               (M) to the Class B-6 Certificates, an amount allocable to
          interest equal to the Interest Distribution Amount for such Class for
          such Distribution Date; and

               (N) to the Class B-6 Certificates, an amount allocable to
          principal equal to its Pro Rata Share for such Distribution Date less
          any amount used to pay the applicable PO Deferred Amounts pursuant to
          clause (iii) above until the Class Certificate Balance thereof has
          been reduced to zero; and

                                      -82-

          (v) to the Holder of the Class 1-A-R Certificate, any amounts
     remaining in the Upper-Tier Certificate Sub-Account and the Intermediate
     Lower-Tier Certificate Sub-Account and any remaining Pool Distribution
     Amounts.

          No Class of Certificates or Component will be entitled to any
     distributions with respect to the amount payable pursuant to clause (ii) of
     the definition of "Interest Distribution Amount" or "Component Interest
     Distribution Amount" after its Class Certificate Balance or Notional
     Amount, as the case may be, has been reduced to zero.

          For Group 2 and on any Distribution Date, amounts distributed in
     respect of the Class PO Deferred Amounts (including the distribution of the
     PO Recoveries) will not reduce the Class Certificate Balance of the Class
     30-PO Certificates.

          All distributions in respect of the Interest Distribution Amount for a
     Class or the Component Interest Distribution Amount for an IO Component
     will be applied first with respect to the amount payable pursuant to clause
     (i) of the definition of "Interest Distribution Amount" or "Component
     Interest Distribution Amount" as applicable, and second with respect to the
     amount payable pursuant to clause (ii) of such definitions.

          On each Distribution Date, the Securities Administrator shall
     distribute any Reimbursement Amount sequentially to each Class of
     Certificates then outstanding which bore the loss to which such
     Reimbursement Amount relates, beginning with the most senior of such
     Classes of Certificates, up to, with respect to each Class, the amount of
     loss borne by such Class. Any Reimbursement Amount remaining after the
     application described in the preceding sentence shall be included in the
     Pool Distribution Amount for the applicable Loan Group.

          On each Distribution Date, the Securities Administrator shall
     distribute any PO Recovery to the Holders of the Class 30-PO Certificates.

          (vi) Distributions on the Uncertificated Lower-Tier Interests. On each
     Distribution Date, interest shall be distributed in respect of the
     Uncertificated Lower-Tier Interests (other than the Class 2-LPO Interest)
     at the pass-through rate thereon, as described in the next to last
     paragraph of this Section 5.02(a)(vi). For purposes of calculating the
     interest distributable in respect of each Uncertificated Lower-Tier
     Interest and any Distribution Date, Non-Supported Interest Shortfalls and
     Relief Act Reductions related to a Loan Group shall be allocated to the
     related Uncertificated Lower-Tier Interests pro rata based on, and to the
     extent of, one month's interest at the then applicable pass-through rate on
     such Uncertificated Lower-Tier Interest. Any Non-Supported Interest
     Shortfalls and Relief Act Reductions allocated to the Uncertificated
     Lower-Tier Interests pursuant to this paragraph shall be (a) from
     Non-Supported Interest Shortfalls and Relief Act Reductions allocated to
     Loan Group 1 in the case of Uncertificated Lower-Tier Interests beginning
     with the numeral "1," (b) from Non-Supported Interest Shortfalls and Relief
     Act Reductions allocated to Loan Group 2 in the case of Uncertificated
     Lower-Tier Interests beginning with the numeral "2" and (c) from
     Non-Supported Interest Shortfalls and Relief Act Reductions allocated to
     Loan Group 3 in the case of Uncertificated Lower-Tier Interests beginning
     with the numeral "3."

                                      -83-

          All distributions of principal shall be made first to the Class 2-LPO
     Interest so as to keep the principal balance of the Class 2-LPO Interest
     equal to the Class Certificate Balance of the Class 30-PO Certificates;
     second, to the Class 1-LS Interest, the Class 2-LS Interest and the Class
     3-LS Interest so as to keep the principal balances thereof (computed to
     eight decimal places) equal to 0.100% of the Group Subordinate Amount for
     Loan Group 1, Loan Group 2 and Loan Group 3, respectively (except that if
     any such amount is greater than on the preceding Distribution Date, the
     least amount of principal shall be distributed to the Class 1-LS Interest,
     the Class 2-LS Interest and the Class 3-LS Interest, such that the
     Subordinate Balance Ratio is maintained), and third, any remaining
     principal to the Class 1-L Interest, the Class 2-L Interest and the Class
     3-L Interest. Any distributions of principal made to the Uncertificated
     Lower-Tier Interests pursuant to this paragraph shall be made from the
     Group 1 Mortgage Loans to the Uncertificated Lower-Tier Interests beginning
     with the numeral "1," from the Group 2 Mortgage Loans to the Uncertificated
     Lower-Tier Interests beginning with the numeral "2" and from the Group 3
     Mortgage Loans to the Uncertificated Lower-Tier Interests beginning with
     the numeral "3."

          Realized Losses shall be applied after all distributions have been
     made on each Distribution Date first, to the Class 2-LPO Interest so as to
     keep the principal balance of the Class 2-LPO Interest equal to the Class
     Certificate Balance of the Class 30-PO Certificates; second, to the Class
     1-LS Interest, the Class 2-LS Interest and the Class 3-LS Interest so as to
     keep the principal balances thereof (computed to eight decimal places)
     equal to 0.100% of the Group Subordinate Amount for Loan Group 1, Loan
     Group 2 and Loan Group 3, respectively (except that if any such amount is
     greater than on the preceding Distribution Date, the least amount of
     Realized Losses shall be allocated to the Class 1-LS Interest, the Class
     2-LS Interest and the Class 3-LS Interest such that the Subordinate Balance
     Ratio is maintained); and third, the remaining Realized Losses shall be
     allocated to the Class 1-L Interest, the Class 2-L Interest and the Class
     3-L Interest. Any Realized Losses allocated to the Uncertificated
     Lower-Tier Interests pursuant to this paragraph shall be (a) from Realized
     Losses allocated to Loan Group 1 in the case of Uncertificated Lower-Tier
     Interests beginning with the numeral "1," (b) from Realized Losses
     allocated to Loan Group 2 in the case of Uncertificated Lower-Tier
     Interests beginning with the numeral "2" and (c) from Realized Losses
     allocated to Loan Group 3 in the case of Uncertificated Lower-Tier
     Interests beginning with the numeral "3."

          As of any date, the aggregate principal balance of the Class 1-L
     Interest and the Class 1-LS Interest shall equal the aggregate Pool Stated
     Principal Balance (Non-PO Portion) of Loan Group 1. As of any date, the
     aggregate principal balance of the Class 2-L Interest and the Class 2-LS
     Interest shall equal the aggregate Pool Stated Principal Balance (Non-PO
     Portion) of Loan Group 2. As of any date, the aggregate principal balance
     of the Class 3-L Interest and the Class 3-LS Interest shall equal the
     aggregate Pool Stated Principal Balance (Non-PO Portion) of Loan Group 3.
     As of any date, (i) the notional amount of the Class 1-LIO Interest will be
     equal to the Class 1-30-IO Notional Amount, (ii) the notional amount of the
     Class 2-LIO Interest will be equal to the Class 2-30-IO Notional Amount and
     (iii) the notional amount of the Class 3-LIO Interest will be equal to the
     Class 3-30-IO Notional Amount. As of any Distribution Date, the principal
     balance of the Class 2-LPO Interest will be equal to the Class Certificate
     Balance of the Class 30-PO Certificates.

          The pass-through rate with respect to the Class 1-L Interest and the
     Class 1-LS Interest shall be 6.250% per annum. The pass-through rate with
     respect to the Class 2-L Interest and the Class 2-LS Interest shall be
     6.300% per annum. The pass-through rate

                                      -84-

     with respect to the Class 3-L Interest and the Class 3-LS Interest shall be
     6.000% per annum. The pass-through rate with respect to the Class 1-LIO
     Interest, the Class 2-LIO Interest and the Class 3-LIO Interest shall be
     the same as the Pass-Through Rate for the Class 1-30-IO Component, the
     Class 2-30-IO Component and the Class 3-30-IO Component, respectively, as
     each such rate is described in the Preliminary Statement. The Class 2-LPO
     Interest is a principal-only interest and is not entitled to distributions
     of interest.

          Amounts distributed to the Uncertificated Lower-Tier Interests in
     respect of principal and interest with respect to any Distribution Date are
     referred to herein collectively as the "Lower-Tier Distribution Amount."

          (vii) Distributions on the Uncertificated Intermediate Lower-Tier
     Interests. On each Distribution Date, each Uncertificated Intermediate
     Lower-Tier Interest (other than the Class 1-ITIO Interest, the Class 2-ITIO
     Interest, the Class 3-ITIO Interest, the Class 1-A-6 Interest, the Class
     1-A-7 Interest and the Class 1-A-8 Interest) shall receive distributions in
     respect of principal in an amount equal to the amount of principal
     distributed to its respective Corresponding Upper-Tier Class, Classes or
     Component, as provided herein and shall have its principal balance
     increased in the event of Recoveries in an amount equal to any such
     increase in the Class Certificate Balance of the respective Corresponding
     Upper-Tier Class, Classes or Component. In the case of the Class 1-A-6
     Interest, Class 1-A-7 Interest and Class 1-A-8 Interest, the Class
     Certificate Balance of the Corresponding Classes (other than any Notional
     Amount) shall be allocated to the Class 1-A-6 Interest, Class 1-A-7
     Interest and Class 1-A-8 Interest in proportion to the Initial Class
     Certificate Balance of the Corresponding Classes. On each Distribution
     Date, each Uncertificated Intermediate Lower-Tier Interest (other than the
     Class 2-ITPO Interest, the Class 1-A-6 Interest, the Class 1-A-7 Interest
     and the Class 1-A-8 Interest) shall receive distributions in respect of
     interest in an amount equal to the Interest Accrual Amounts and Unpaid
     Interest Shortfalls, as the case may be, in respect of its Corresponding
     Upper-Tier Class, Classes or Component, in each case to the extent actually
     distributed thereon. On each Distribution Date, the Class 1-A-6 Interest,
     the Class 1-A-7 Interest and the Class 1-A-8 Interest shall receive
     distributions in respect of interest at its pass-through rate specified
     below as applied to its principal or notional balance in an amount that
     will be equal to the Interest Accrual Amounts and Unpaid Interest
     Shortfalls, as the case may be, in respect of its proportionate share of
     its Corresponding Upper-Tier Class, Classes or Component, as determined by
     the initial principal balance of such Class 1-A-6 Interest, the Class 1-A-7
     Interest and the Class 1-A-8 Interest, in each case to the extent actually
     distributed thereon. Such amounts distributed to the Uncertificated
     Intermediate Lower-Tier Interests in respect of principal and interest with
     respect to any Distribution Date are referred to herein collectively as the
     "Intermediate Lower-Tier Distribution Amount."

          As of any date, the principal balance or notional amount of each
     Uncertificated Intermediate Lower-Tier Interest other than the Class 1-A-6
     Interest, the Class 1-A-7 Interest and the Class 1-A-8 Interest equals the
     aggregate of the Class Certificate Balances, Component Balances or Notional
     Amounts of the respective Corresponding Upper-Tier Class, Classes or
     Component. As of any date, the aggregate principal balance of Class 1-A-6
     Interest, the Class 1-A-7 Interest and the Class 1-A-8 Interest shall equal
     the aggregate Class Certificate Balance of each of the respective
     Corresponding Upper-Tier Class, Classes or Component (without respect to
     any notional balances). The initial principal balance or notional amount of
     each Uncertificated Intermediate Lower-Tier Interest other than the Class
     1-A-6 Interest, the Class 1-A-7 Interest and the Class 1-A-8 Interest
     equals the aggregate of the Initial Class Certificate Balances, Component
     Balance or Initial Notional Amounts of the respective Corresponding
     Upper-Tier Class, Classes or Component. The initial principal balance of
     the Class 1-A-6 Interest shall equal $43,024,500; the initial principal
     balance of the Class 1-A-7 Interest shall equal $5,300,000; and the initial
     principal balance of the Class 1-A-8 Interest shall equal $70,158,500.

                                      -85-

          The pass-through rate with respect to the Class 1-A-IT1 Interest,
     Class 1-A-IT2 Interest, Class 1-A-IT3 Interest, Class 1-A-IT4 Interest,
     Class 1-A-IT5 Interest, Class 1-A-IT6 Interest, Class 1-A-IT7 Interest,
     Class 1-A-IT8 Interest 1-A-ITR Interest shall be 6.250% per annum. The
     pass-through rate with respect to the Class 2-A-IT1 Interest and the Class
     2-A-IT2 Interest shall be 6.300% per annum. The pass-through rate with
     respect to the Class 3-A-IT1 Interest and Class 3-A-IT2 shall be 6.000% per
     annum. The pass-through rate with respect to the Class M-IT1 Interest, the
     Class B-IT1 Interest, Class B-IT2 Interest, Class B-IT3 Interest, Class
     B-IT4 Interest, Class B-IT5 Interest and Class B-IT6 Interest shall be the
     weighted average of the Class 1-LS Interest, the Class 2-LS Interest and
     the Class 3-LS Interest. The pass-through rate with respect to the Class
     1-ITIO Interest shall be a per annum rate equal to the Pass-Through Rate of
     the Class 1-30-IO Component. The pass-through rate with respect to the
     Class 2-ITIO Interest shall be a per annum rate equal to the Pass-Through
     Rate of the Class 2-30-IO Component. The pass-through rate with respect to
     the Class 3-ITIO Interest shall be a per annum rate equal to the
     Pass-Through Rate of the Class 3-30-IO Component. The Class 2-ITPO Interest
     is a principal-only interest and is not entitled to distributions of
     interest.

     (b)  (i) With respect to the Group 1 Senior Certificates:

     I. On each Distribution Date occurring prior to the Accretion Termination
Date, the Accrual Distribution Amount will be allocated, sequentially, to the
Class 1-A-2 and Class 1-A-15 Certificates, in that order, until their Class
Certificate Balances have been reduced to zero.

     II. On each Distribution Date prior to the Senior Credit Support Depletion
Date, the amount distributable to the Group 1 Senior Certificates (other than
the Exchangeable Certificates) pursuant to Section 5.02(a)(ii)(A) for such
Distribution Date, will be distributed, sequentially, as follows:

          first, to the Class 1-A-R Certificate, until its Class Certificate
     Balance has been reduced to zero;

          second, concurrently, to the Class 1-A-9 and 1-A-10 Certificates, pro
     rata, up to the Group 1 Priority Amount.

          third, concurrently as follows:

               (i)  35.2811642589%, sequentially, as follows:

                    (a) concurrently, to the Class 1-A-1, Class 1-A-3 and Class
               1-A-5 Certificates, pro rata, until their Class Certificate
               Balances have been reduced to zero; and

                    (b) sequentially, to the Class 1-A-7 and Class 1-A-8
               Certificates, in that order, until their Class Certificate
               Balances have been reduced to zero;

               (ii) 64.7188357411%, sequentially, as follows:

                    (a) sequentially, to the Class 1-A-12, Class 1-A-13 and
               Class 1-A-14 Certificates, in that order, up to the PAC Principal
               Amount for such Distribution Date;

                    (b) sequentially, to the Class 1-A-2 and Class 1-A-15
               Certificates, in that order, until their Class Certificate
               Balances have been reduced to zero;

                    (c) sequentially, to the Class 1-A-12 and Class 1-A-13, in
               that order, up to their Maximum Initial Class Certificate
               Balances;

                    (d) to the Class 1-A-14 Certificates, until their Class
               Certificate Balance has been reduced to zero; and

                                      -86-

                    (e) to the Class 1-A-16 Certificates, until their Class
               Certificate Balance has been reduced to zero; and

          fourth, concurrently, to the Class 1-A-9 Certificates and Class 1-A-10
     Certificates, pro rata, up to their Maximum Initial Class Certificate
     Balances.

     (ii) With respect to the Group 2 Senior Certificates:

          On each Distribution Date prior to the Senior Credit Support Depletion
     Date, the amount distributable to the Group 2 Senior Non-PO Certificates
     pursuant to Section 5.02(a)(ii)(A) for such Distribution Date, will be
     distributed, concurrently, to the Class 2-A-1, Class 2-A-2 and Class 2-A-4
     Certificates, pro rata, until their Class Certificate Balances has been
     reduced to zero.

     (iii) With respect to the Group 3 Senior Certificates:

          On each Distribution Date prior to the Senior Credit Support Depletion
     Date, the amount distributable to the Group 3 Senior Certificates pursuant
     to Section 5.02(a)(ii)(A) for such Distribution Date, will be distributed,
     sequentially, as follows:

               first, concurrently, to the Class 3-A-3 and Class 3-A-4
          Certificates, pro rata, up to the Group 3 Priority Amount;

               second, to the Class 3-A-1 Certificates, until their Class
          Certificate Balance has been reduced to zero; and

               third, concurrently, to the Class 3-A-3 and Class 3-A-4
          Certificates, pro rata, until their Class Certificate Balances have
          been reduced to zero.

     With respect to any of the preceding distribution priorities, if two or
more Classes of Certificates in a Group are paying concurrently but only until
the Class Certificate Balances of fewer than all of such Classes are reduced to
zero, the amount distributable in accordance with any such priority will equal
the lesser of (a) the remaining Senior Principal Distribution Amount for the
related Loan Group available to pay such Classes in accordance with such
priority and (b) the remaining Senior Principal Distribution Amount for such
Loan Group, which when distributed in accordance with such priority, will result
in the Class Certificate Balance of designated Class or Classes being reduced to
zero.

     On each Distribution Date on or after the Senior Credit Support Depletion
Date, notwithstanding the allocation and priority set forth above, the portion
of the Pool Distribution Amount with respect to a Loan Group available to be
distributed as principal of the Senior Non-PO Certificates of the Related Group
shall be distributed, concurrently, as principal of such Classes of Senior
Certificates (other than the Exchangeable Certificates), pro rata, on the basis
of their respective Class Certificate Balances or in the case of a Class of
Exchangeable REMIC Certificates, the sum of its Class Certificate Balance and
the proportionate share of the Class Certificate Balances of all related
Exchangeable Classes, until the Class Certificate Balances thereof are reduced
to zero.

                                      -87-

     On each Distribution Date, the amount distributable as principal to a Class
of Exchangeable Certificates shall equal its Class Principal Distribution
Amount. Such amount shall reduce proportionately the amount distributable as
principal to the Related Class or Classes of Exchangeable REMIC Certificates.

     The Class 1-A-4, Class 1-A-6, Class 1-A-11, Class 1-A-17, Class 1-A-18,
Class 1-A-19, Class 2-A-3, Class 3-A-2 and Class 30-IO Certificates are Interest
Only Certificates and are not entitled to distributions in respect of principal.

     Notwithstanding the foregoing, on each Distribution Date prior to the
Senior Credit Support Depletion Date but on or after the date on which the
aggregate Class Certificate Balance of the Senior Non-PO Certificates of a Group
have been reduced to zero, amounts otherwise distributable as principal payments
from the Related Loan Group on the Subordinate Certificates will be paid as
principal to the remaining Classes of Senior Non-PO Certificates together with
the applicable Senior Principal Distribution Amount in accordance with the
priorities set forth for the applicable Group in (b)(i), (ii) or (iii) above,
provided that on such Distribution Date (a) the Aggregate Subordinate Percentage
for such Distribution Date is less than twice the initial Aggregate Subordinate
Percentage or (b) the outstanding principal balance of the Mortgage Loans
(including, for this purpose, any Mortgage Loans in foreclosure, any REO
Property and any Mortgage Loan for which the Mortgagor has filed for bankruptcy
after the Closing Date) delinquent 60 days or more (averaged over the preceding
six month period), as a percentage of the aggregate Class Certificate Balance of
the Subordinate Certificates, is equal to or greater than 50%. If the Senior
Non-PO Certificates of two Groups remain outstanding, the distributions
described above will be made to the Senior Non-PO Certificates of such Groups,
pro rata, in proportion to the aggregate Class Certificate Balance of the Senior
Non-PO Certificates of each such Group. In addition, after giving effect to the
second preceding sentence, if on any Distribution Date the aggregate Class
Certificate Balance of the Senior Non-PO Certificates of a Group is greater than
the Adjusted Pool Amount (Non-PO Portion) of the related Loan Group (any such
Group, the "Undercollateralized Group" and any such excess, the
"Undercollateralized Amount"), all amounts otherwise distributable as principal
on the Subordinate Certificates pursuant to Section 5.02(a)(iv)(L), (J), (H),
(F), (D) and (B), in that order, will be paid as principal to the Senior Non-PO
Certificates of the Undercollateralized Group together with the applicable
Senior Principal Distribution Amount in accordance with the priorities set forth
for the applicable Group above under (b)(i), (ii) or (iii) until the aggregate
Class Certificate Balance of the Senior Non-PO Certificates of the
Undercollateralized Group equals the Adjusted Pool Amount (Non-PO Portion) of
the Related Loan Group. Also, the amount of any Class Unpaid Interest Shortfalls
and Component Unpaid Interest Shortfalls with respect to the Undercollateralized
Group (including any Class Unpaid Interest Shortfalls or Component Unpaid
Interest Shortfalls for such Distribution Date) will be paid to the
Undercollateralized Group (including the IO Component of such
Undercollateralized Group) pursuant to Section 5.02(a)(i) prior to the payment
of any Undercollateralized Amount from amounts otherwise distributable as
principal on the Subordinate Certificates pursuant to Section 5.02(a)(iv)(N),
(L), (J), (H),(F), (D) and (B), in that order. Such amount will be paid to the
Senior Non-PO Certificates and IO Component of such Undercollateralized Group in
accordance with the priorities set forth in Section 5.02(a)(i) up to their
Interest Distribution Amounts or Component Interest Distribution Amounts for
such Distribution Date.

                                      -88-

     The PO Deferred Amounts for the Class 30-PO Certificates will be paid from
amounts otherwise distributable as principal on the Subordinate Certificates
before any payments are made pursuant to the preceding paragraph.

     (c) On each Distribution Date, Accrued Certificate Interest for each Class
of Certificates (other than the Class 30-PO Certificates) and Accrued Component
Interest for each IO Component for such Distribution Date shall be reduced by
such Class' or Component's pro rata share, based on such Class' Interest
Distribution Amount or Component's Component Interest Distribution Amount for
such Distribution Date, without taking into account the allocation made by this
Section 5.02(c), of an amount equal to the sum of (A) Non-Supported Interest
Shortfalls incurred on any Mortgage Loans during the calendar month preceding
the month of such Distribution Date, (B) on and after the Senior Credit Support
Depletion Date, any other Realized Loss on the Mortgage Loans in the related
Loan Group or related Loan Groups allocable to interest and (C) Relief Act
Reductions incurred on any Mortgage Loans during the calendar month preceding
the month of such Distribution Date.

     (d) Notwithstanding the priority and allocation contained in Section
5.02(a)(iv), if with respect to each Class of Subordinate Certificates on any
Distribution Date, (i) the aggregate of the Class Certificate Balances
immediately prior to such Distribution Date of all Classes of Subordinate
Certificates that have a lower order of payment priority than such Class,
divided by (ii) the aggregate Pool Stated Principal Balance (Non-PO Portion) for
all Loan Groups immediately prior to such Distribution Date (for each Class, the
"Fractional Interest") is less than the Original Fractional Interest for such
Class, no distribution of principal will be made to any Class of Subordinate
Certificates junior to such Class (the "Restricted Classes"), and the Class
Certificate Balances of the Restricted Classes of Subordinate Certificates will
not be used in determining the Pro Rata Share for the Subordinate Certificates
that are not Restricted Classes. If the aggregate Class Certificate Balances of
the Subordinate Certificates that are not Restricted Classes is reduced to zero,
notwithstanding the previous sentence, any funds remaining will be distributed
sequentially to the Subordinate Certificates that are Restricted Classes in
order of their payment priority (beginning with the Class of Subordinate
Certificates that is a Restricted Class then outstanding highest in order of
payment priority).

     (e) Any amounts distributed to the Class 3-A-1 Certificates from the
Reserve Fund shall be deemed to be a distribution to such Certificates from, for
federal income tax purposes, a grantor trust as described in Subpart E of Part I
of Subchapter J of the Code and Treasury Regulation Section 301.7701-4(c)(2).

     Section 5.03 Allocation of Losses. (a) No later than five (5) Business Days
prior to the related Distribution Date, the Master Servicer shall inform the
Securities Administrator in writing with respect to each Mortgage Loan: (1)
whether any Realized Loss is a Deficient Valuation or a Debt Service Reduction,
(2) of the amount of such loss or Deficient Valuation, or of the terms of such
Debt Service Reduction and (3) of the total amount of Realized Losses on the
Mortgage Loans in each Loan Group. Based on such information, the Securities
Administrator shall determine the total amount of Realized Losses on the
Mortgage Loans in each Loan Group with respect to the related Distribution Date.
Realized Losses shall be allocated to the Certificates by a reduction in the
Class Certificate Balances of the designated Classes pursuant to the operation
of Section 5.03(b).

                                      -89-

     (b) On each Distribution Date, the Class Certificate Balance of the Class
30-PO Certificates shall be reduced on each Distribution Date by the amount, if
any, by which the Class Certificate Balance of the Class 30-PO Certificates
(after giving effect to the amounts to be distributed as a distribution of
principal) exceeds the Adjusted Pool Amount (PO Portion) for Loan Group 2 for
such Distribution Date.

     The Class Certificate Balance of the Subordinate Certificates then
outstanding with the lowest payment priority shall be reduced or increased on
each Distribution Date by the amount, if any, necessary such that the aggregate
of the Class Certificate Balances of all outstanding Classes of Senior Non-PO
Certificates and Subordinate Certificates (after giving effect to the amounts to
be distributed as distributions of principal and the allocation of PO Deferred
Amounts) shall equal the aggregate Adjusted Pool Amount (Non-PO Portion) of the
Loan Groups for such Distribution Date.

     After the Senior Credit Support Depletion Date, the Class Certificate
Balances of the Senior Non-PO Certificates of each Group in the aggregate shall
be reduced or increased on each Distribution Date by the amount, if any,
necessary such that the aggregate of the Class Certificate Balances of all
outstanding Classes of Senior Non-PO Certificates of such Group (after giving
effect to the amounts to be distributed as distributions of principal on such
Distribution Date) equals, the Adjusted Pool Amount (Non-PO Portion) for the
Related Loan Group for such Distribution Date.

     Any such reduction or increase shall be allocated among the Senior Non-PO
Certificates of a Group, pro rata, based on their Class Certificate Balances
immediately prior to such Distribution Date, or in the case of the Class 1-A-15
Certificates, their Initial Class Certificate Balance, if lower, until the Class
Certificate Balances thereof have been reduced to zero.

     (c) Any reduction or increase in the Class Certificate Balance of a Class
of Certificates pursuant to Section 5.03(b) above shall be allocated among the
Certificates of such Class in proportion to their respective Percentage
Interests.

     (d) The calculation of the amount to be distributed as principal to any
Class of Subordinate Certificates with respect to a Distribution Date (the
"Calculated Principal Distribution") shall be made prior to the allocation of
any Realized Losses for such Distribution Date; provided, however, the actual
payment of principal to the Classes of Certificates shall be made subsequent to
the allocation of Realized Losses for such Distribution Date. In the event that
after the allocation of Realized Losses for a Distribution Date, the Calculated
Principal Distribution for a Class of Subordinate Certificates is greater than
the Class Certificate Balance of such Class, the excess shall be distributed
first, sequentially, to the Classes of Subordinate Certificates then outstanding
(beginning with the Class of Subordinate Certificates then outstanding highest
in order of payment priority) until the respective Class Certificate Balance of
each such Class is reduced to zero and then to the Senior Non-PO Certificates,
pro rata.

     (e) After the Senior Credit Support Depletion Date, on any Distribution
Date on which the Class 1-A-9 Loss Allocation Amount is greater than zero, the
Class Certificate Balance of the Class 1-A-9 Certificates will be reduced by the
Class 1-A-9 Loss Allocation Amount and, notwithstanding Section 5.03(b), the
Class Certificate Balance of the Class 1-A-10

                                      -90-

Certificates will not be reduced by the Class 1-A-9 Loss Allocation Amount.
Notwithstanding the foregoing, on any Distribution Date in which the Class
1-A-10 Loss Amount exceeds the Class Certificate Balance of the Class 1-A-9
Certificates prior to any reduction for the Class 1-A-9 Loss Allocation Amount,
such excess will be distributed in reduction of the Class Certificate Balance of
the Class 1-A-10 Certificates. Any increase in the Class Certificate Balance
allocated to the Class 1-A-10 Certificates pursuant to Section 5.03(b) will
instead increase the Class Certificate Balance of the Class 1-A-9 Certificates.

     After the Senior Credit Support Depletion Date, on any Distribution Date on
which the Class 3-A-3 Loss Allocation Amount is greater than zero, the Class
Certificate Balance of the Class 3-A-3 Certificates will be reduced by the Class
3-A-3 Loss Allocation Amount and, notwithstanding Section 5.03(b), the Class
Certificate Balance of the Class 3-A-4 Certificates will not be reduced by the
Class 3-A-3 Loss Allocation Amount. Notwithstanding the foregoing, on any
Distribution Date in which the Class 3-A-4 Loss Amount exceeds the Class
Certificate Balance of the Class 3-A-3 Certificates prior to any reduction for
the Class 3-A-3 Loss Allocation Amount, such excess will be distributed in
reduction of the Class Certificate Balance of the Class 3-A-4 Certificates. Any
increase in the Class Certificate Balance allocated to the Class 3-A-4
Certificates pursuant to Section 5.03(b) will instead increase the Class
Certificate Balance of the Class 3-A-3 Certificates.

     (f) Notwithstanding any other provision of this Section 5.03, no Class
Certificate Balance of a Class will be increased on any Distribution Date such
that the Class Certificate Balance of a Class exceeds its Initial Class
Certificate Balance (or Aggregate Denomination, in the case of a Class of
Exchangeable or Exchangeable REMIC Certificates) plus, in the case of the Class
1-A-15 Certificates, any Accrual Distribution Amounts previously added thereto,
less all distributions of principal previously distributed in respect of such
Class on prior Distribution Dates (excluding in the case of any Class of
Subordinate Certificates any principal otherwise payable to such Class of
Subordinate Certificates but used to pay any related Class PO Deferred Amount).

     (g) With respect to any Distribution Date, Realized Losses allocated
pursuant to this Section 5.03 will be allocated to each Uncertificated
Lower-Tier Interest as described in Section 5.02 and to each Uncertificated
Intermediate Lower-Tier Interest in an amount equal to the Realized Losses
allocated to such Uncertificated Intermediate Lower-Tier Interest's
Corresponding Upper-Tier Class, Classes or Component.

     Section 5.04 Statements to Certificateholders. (a)Prior to the Distribution
Date in each month, based upon the information provided to the Securities
Administrator on the Master Servicer's Certificate delivered to the Securities
Administrator pursuant to Section 4.01 and with respect to subsections (xxii)
and (xxiii) below, after consultation with the Depositor, the Securities
Administrator shall determine the following information with respect to such
Distribution Date:

          (i) the actual Distribution Date, the related Record Date, the Rate
     Determination Date and the Interest Accrual Period for each Class for such
     Distribution Date;

                                      -91-

          (ii) for each Loan Group, the related Pool Distribution Amount;

          (iii) for each Loan Group, the amount of the Pool Distribution Amount
     allocable to principal, separately identifying the aggregate amount of any
     Principal Prepayments, Liquidation Proceeds and other components included
     therein;

          (iv) for each Loan Group, the amount of the Pool Distribution Amount
     allocable to interest, the Accrual Distribution Amount, any Class Unpaid
     Interest Shortfall and Component Unpaid Interest Shortfall included in such
     distribution and any remaining Class Unpaid Interest Shortfall and
     Component Unpaid Interest Shortfall after giving effect to such
     distribution;

          (v) if the distribution to the Holders of such Class of Certificates
     is less than the full amount that would be distributable to such Holders if
     there were sufficient funds available therefor, the amount of the shortfall
     and the allocation thereof as between principal and interest;

          (vi) the Class Certificate Balance of each Class of Certificates and
     the Component Balance of each Component before and after giving effect to
     the distribution of principal on such Distribution Date;

          (vii) for each Loan Group, the Pool Stated Principal Balance for the
     preceding Distribution Date and the related Distribution Date;

          (viii) for each Loan Group, the Senior Percentage, the Total Senior
     Percentage, the Senior Prepayment Percentage, the Subordinate Percentage,
     the Aggregate Subordinate Percentage and the Subordinate Prepayment
     Percentage for such Distribution Date;

          (ix) the amount of the Servicing Fee paid to or retained by each
     Servicer with respect to each Loan Group and such Distribution Date;

          (x) the Pass-Through Rate for each such Class of Certificates and each
     IO Component with respect to such Distribution Date;

          (xi) the amount of Periodic Advances included in the distribution on
     such Distribution Date and the aggregate amount of Periodic Advances
     outstanding as of the close of business on the Determination Date
     immediately preceding such Distribution Date;

          (xii) for each Loan Group, the number and aggregate principal amounts
     of Mortgage Loans (A) delinquent (exclusive of Mortgage Loans in
     foreclosure or bankruptcy) 1 to 30 days, 31 to 60 days, 61 to 90 days and
     91 or more days, (B) in foreclosure, as of the close of business on the
     last day of the calendar month preceding such Distribution Date and (C) in
     bankruptcy, as of the close of business on the last day of the calendar
     month preceding such Distribution Date;

                                      -92-

          (xiii) for each Loan Group, with respect to any Mortgage Loans that
     became REO Properties during the preceding calendar month, the aggregate
     number of such Mortgage Loans and the aggregate Stated Principal Balance of
     such Mortgage Loans as of the close of business on the Determination Date
     preceding such Distribution Date and the date of acquisition of the REO
     Properties;

          (xiv) for each Loan Group, the total number and principal balance of
     any REO Properties (and market value, if available) as of the close of
     business on the Determination Date preceding such Distribution Date;

          (xv) for each Loan Group, the aggregate amount of Realized Losses
     incurred during the preceding calendar month and for each Group or any PO
     Deferred Amounts for such Distribution Date;

          (xvi) the Notional Amount for each Class of Interest Only Certificates
     and the Notional Amount for each IO Component for such Distribution Date;

          (xvii) for each Loan Group, the Reimbursement Amount;

          (xviii) for each Loan Group, the amount of Recoveries, the PO Recovery
     and the Non-PO Recovery;

          (xix) any expenses or indemnification amounts paid by the Trust, the
     specific purpose of each payment and the parties to whom such payments were
     made;

          (xx) any material modifications, extensions or waivers to Mortgage
     Loan terms, fees, penalties or payments since the previous Distribution
     Date;

          (xxi) for each Loan Group, the number and aggregate Stated Principal
     Balance of the Mortgage Loans, the weighted average Mortgage Interest Rate,
     the weighted average remaining term to maturity of the Mortgage Loans, each
     as of the close of business on the last day of the calendar month preceding
     such Distribution Date;

          (xxii) unless such information is otherwise set forth in the Form 10-D
     relating to such Distribution Date and provided that the Securities
     Administrator is reasonably able to include such information in the
     statement, material breaches of Mortgage Loan representations and
     warranties of which the Securities Administrator has knowledge or has
     received written notice;

          (xxiii) unless such information is otherwise set forth in the Form
     10-D relating to such Distribution Date and provided that the Securities
     Administrator is reasonably able to include such information in the
     statement, material breaches of any covenants under this Agreement of which
     the Securities Administrator has knowledge or has received written notice;

                                      -93-

          (xxiv) the Yield Maintenance Agreement Payment paid to the Class 3-A-1
     Certificates; and

          (xxv) a statement as to whether any exchanges of Exchangeable or
     Exchangeable REMIC Certificates have taken place since the preceding
     Distribution Date, and, if applicable, the Class designations, Class
     Certificate Balances, Notional Amounts, Pass Through Rates, and any
     interest and principal paid, including any shortfalls allocated, of any
     Classes of Exchangeable REMIC Certificates or Exchangeable Certificates
     that were received by the Certificateholder as a result of such exchange.

     For all purposes of this Agreement, with respect to any Mortgage Loan,
delinquencies shall be determined and reported based on the so-called "MBA"
methodology for determining delinquencies on mortgage loans similar to the
Mortgage Loans. By way of example, a Mortgage Loan would be delinquent with
respect to a Monthly Payment due on a Due Date if such Monthly Payment is not
made by the close of business on the Mortgage Loan's next succeeding Due Date,
and a Mortgage Loan would be more than 30-days delinquent with respect to such
Monthly Payment if such Monthly Payment were not made by the close of business
on the Mortgage Loan's second succeeding Due Date.

     (b) No later than each Distribution Date, the Securities Administrator,
based upon information supplied to it on the Master Servicer's Certificate,
shall make available to each Holder of a Certificate, each Rating Agency and the
Master Servicer, a statement setting forth the information set forth in Section
5.04(a) (each, a "Monthly Statement").

     In the case of information furnished pursuant to clauses (iii) and (iv) of
Section 5.04, the amounts shall be expressed as a dollar amount per Certificate
with a $1,000 denomination.

     On each Distribution Date, the Securities Administrator shall prepare and
furnish to each Financial Market Service, in electronic or such other format and
media mutually agreed upon by the Securities Administrator, the Financial Market
Service and the Depositor, the information contained in the Master Servicer's
Certificate described in Section 4.01 for such Distribution Date.

     The Securities Administrator will make the Monthly Statement to
Certificateholders (and, at its option, any additional files containing the same
or additional information in an alternative format) available each month to
Certificateholders and other parties to this Agreement via the Securities
Administrator's Internet website. The Securities Administrator's Internet
website shall initially be located at "www.ctslink.com." Assistance in using the
website can be obtained by calling the Securities Administrator's customer
service desk at (301) 815-6600. Parties that are unable to use the website are
entitled to have a paper copy mailed to them via first class mail by calling the
customer service desk and indicating such. The Securities Administrator shall
have the right to change the way the Monthly Statements to Certificateholders
are distributed in order to make such distribution more convenient and/or more
accessible to the above parties and the Securities Administrator shall provide
timely and adequate notification to all above parties regarding any such
changes.

                                      -94-

     Within a reasonable period of time after the end of each calendar year, the
Securities Administrator shall furnish to each Person who at any time during the
calendar year was the Holder of a Certificate, if requested in writing by such
Person, a statement containing the information set forth in clauses (iii) and
(iv) of Section 5.04, in each case aggregated for such calendar year or
applicable portion thereof during which such Person was a Certificateholder.
Such obligation of the Securities Administrator shall be deemed to have been
satisfied to the extent that substantially comparable information shall be
provided by the Securities Administrator pursuant to any requirements of the
Code as from time to time in force.

     The Securities Administrator shall deliver to the Holders of Certificates
any reports or information the Securities Administrator is required by this
Agreement or the Code, Treasury Regulations or REMIC Provisions to deliver to
the Holders of Certificates, and the Securities Administrator shall prepare and
provide to the Certificateholders (by mail, telephone, or publication as may be
permitted by applicable Treasury Regulations) such other reasonable information
as the Securities Administrator deems necessary or appropriate or is required by
the Code, Treasury Regulations, and the REMIC Provisions including, but not
limited to, (i) information to be reported to the Holder of the Residual
Certificate for quarterly notices on Schedule Q (Form 1066) (which information
shall be forwarded to the Holder of the Residual Certificate by the Securities
Administrator), (ii) information to be provided to the Holders of Certificates
with respect to amounts which should be included as interest and original issue
discount in such Holders' gross income and (iii) information to be provided to
all Holders of Certificates setting forth the percentage of each REMIC's assets,
determined in accordance with Treasury Regulations using a convention, not
inconsistent with Treasury Regulations, selected by the Securities Administrator
in its absolute discretion, that constitute real estate assets under Section 856
of the Code, and assets described in Section 7701(a)(19)(C) of the Code;
provided, however, that in setting forth the percentage of such assets of each
REMIC created hereunder, nothing contained in this Agreement, including without
limitation Section 7.03 hereof, shall be interpreted to require the Securities
Administrator periodically to appraise the fair market values of the assets of
the Trust Estate or to indemnify the Trust Estate or any Certificateholders from
any adverse federal, state or local tax consequences associated with a change
subsequently required to be made in the Depositor's initial good faith
determinations of such fair market values (if subsequent determinations are
required pursuant to the REMIC Provisions) made from time to time.

     Section 5.05 Tax Returns and Reports to Certificateholders. (a) For federal
income tax purposes, each REMIC created hereunder shall have a taxable year
ending on December 31st and shall maintain its books on the accrual method of
accounting.

     (b) The Securities Administrator shall prepare or cause to be prepared,
shall execute or cause to be executed by such Person as is required by the Code,
Treasury Regulations or state or local tax laws, regulations or rules and shall
file or cause to be filed with the Internal Revenue Service and applicable state
or local tax authorities, income tax and information returns for each taxable
year with respect to each REMIC created hereunder containing such information at
the times and in the manner as may be required by the Code, the Treasury
Regulations or state or local tax laws, regulations, or rules, and shall furnish
or cause to be furnished to each REMIC created hereunder and the
Certificateholders the schedules, statements or information at such times and in
such manner as may be required thereby. The Master Servicer shall provide on a

                                      -95-

timely basis to the Securities Administrator or its designee such information
with respect to the assets of the Trust Estate as is in its possession and
reasonably required by the Securities Administrator to enable it to perform its
obligations under this Article V. Within 30 days of the Closing Date, the
Securities Administrator shall obtain for each REMIC created hereunder a
taxpayer identification number on Form SS-4 and any similarly required state or
local forms or as otherwise permitted by the Internal Revenue Service, and shall
furnish or cause to be furnished to the Internal Revenue Service, on Form 8811
and any similarly required state or local forms or as otherwise required by the
Code or the Treasury Regulations, the name, title, address and telephone number
of the person that Holders of the Certificates may contact for tax information
relating thereto, together with such additional information at the time or times
and in the manner required by the Code or the Treasury Regulations. Such
federal, state, or local income tax and information returns shall be signed by
the Trustee, or such other Person as may be required to sign such returns by the
Code, the Treasury Regulations or state or local tax laws, regulations, or
rules.

     (c) In the first federal income tax return (and any similar required state
or local income tax returns) of each REMIC created hereunder for its short
taxable year ending December 31, 2006, REMIC status shall be elected for such
taxable year and all succeeding taxable years.

     (d) The Securities Administrator will maintain or cause to be maintained
such records relating to each REMIC created hereunder, including but not limited
to records relating to the income, expenses, assets and liabilities of the Trust
Estate, and the initial fair market value and adjusted basis of the Trust Estate
property and assets determined at such intervals as may be required by the Code
or the Treasury Regulations, as may be necessary to prepare the foregoing
returns, schedules, statements or information.

     Section 5.06 Tax Matters Person. The Tax Matters Person shall have the same
duties with respect to the applicable REMIC as those of a "tax matters partner"
under Subchapter C of Chapter 63 of Subtitle F of the Code. The Holder of the
Class 1-A-R Certificate is hereby designated as the Tax Matters Person for the
Upper-Tier REMIC, Intermediate Lower-Tier REMIC and the Lower-Tier REMIC. By its
acceptance of the Class 1-A-R Certificate, such Holder irrevocably appoints the
Securities Administrator as its agent to perform all of the duties of the Tax
Matters Person for the Upper-Tier REMIC, Intermediate Lower-Tier REMIC and the
Lower-Tier REMIC.

     Section 5.07 Rights of the Tax Matters Person in Respect of the Securities
Administrator. The Securities Administrator shall afford the Tax Matters Person,
upon reasonable notice during normal business hours, access to all records
maintained by the Securities Administrator in respect of its duties hereunder
and access to officers of the Securities Administrator responsible for
performing such duties. Upon request, the Securities Administrator shall furnish
the Tax Matters Person with its most recent report of condition published
pursuant to law or to the requirements of its supervisory or examining authority
publicly available. The Securities Administrator shall make available to the Tax
Matters Person such books, documents or records relating to the Securities
Administrator's services hereunder as the Tax Matters Person shall reasonably
request. The Tax Matters Person shall not have any responsibility or liability
for any action or failure to act by the Securities Administrator and is not

                                      -96-

obligated to supervise the performance of the Securities Administrator under
this Agreement or otherwise.

     Section 5.08 REMIC and Exchangeable Certificate Grantor Trust Related
Covenants. For as long as any REMIC or Exchangeable Certificate created
hereunder shall exist, the Trustee, the Securities Administrator, the Depositor
and the Master Servicer shall act in accordance herewith to assure continuing
treatment of each REMIC created hereunder as a REMIC and the Exchangeable
Certificate Grantor Trust as a "grantor trust" within the meaning of the Code
and related regulations and avoid the imposition of tax on any REMIC or
Exchangeable Certificate Grantor Trust created hereunder. In particular:

     (a) Neither the Securities Administrator nor the Trustee shall create, or
permit the creation of, any "interests" in any REMIC created hereunder within
the meaning of Code Section 860D(a)(2) other than the interests represented by
the Upper-Tier Regular Interests, the Residual Certificate, the Uncertificated
Intermediate Lower-Tier Interests and the Uncertificated Lower-Tier Interests.

     (b) Except as otherwise provided in the Code, (i) the Depositor and the
Master Servicer shall not contribute to the Trust Estate and the Trustee shall
not accept property unless substantially all of the property held in each REMIC
constitutes either "qualified mortgages" or "permitted investments" as defined
in Code Sections 860G(a)(3) and (5), respectively, and (ii) no property shall be
contributed, or deemed contributed, to any REMIC created hereunder after the
start-up day unless such contribution would not subject the Trust Estate to the
100% tax on contributions to a REMIC created hereunder after the start-up day of
such REMIC imposed by Code Section 860G(d).

     (c) Neither the Securities Administrator, on behalf of the Trust Estate or
the Trustee, nor the Trustee, shall accept on behalf of any REMIC created
hereunder any fee or other compensation for services and none of the Securities
Administrator, the Trustee or the Master Servicer shall knowingly accept, on
behalf of the Trust Estate any income from assets other than those permitted to
be held by a REMIC.

     (d) Neither the Securities Administrator, on behalf of the Trust Estate or
the Trustee, nor the Trustee, shall sell or permit the sale of all or any
portion of the Mortgage Loans (other than in accordance with Sections 2.02 or
2.04), unless such sale is pursuant to a "qualified liquidation" of the
applicable REMIC as defined in Code Section 860F(a)(4)(A) and in accordance with
Article X.

     (e) The Securities Administrator shall maintain books with respect to the
Trust and each REMIC created hereunder on a calendar year taxable year basis and
on an accrual basis.

None of the Master Servicer, the Securities Administrator or the Trustee shall
engage in a "prohibited transaction" (as defined in Code Section 860F(a)(2)),
except that, with the prior written consent of the Master Servicer and the
Depositor, the Securities Administrator may engage in the activities otherwise
prohibited by the foregoing paragraphs (b), (c) and (d); provided that the
Master Servicer shall have delivered to the Securities Administrator an Opinion
of Counsel to the effect that such transaction will not result in the imposition
of a tax on any

                                      -97-

REMIC created hereunder and will not disqualify any such REMIC from treatment as
a REMIC; and, provided further, that the Master Servicer shall have demonstrated
to the satisfaction of the Securities Administrator that such action will not
adversely affect the rights of the Holders of the Certificates and the
Securities Administrator and that such action will not adversely impact the
rating of the Certificates. None of the Master Servicer, the Securities
Administrator, the Trustee or any Servicer shall, unless the Mortgagor is in
default with respect to the Mortgage Loan or such default is, in the judgment of
the Servicer, reasonably foreseeable, permit any modification with respect to
any Mortgage Loan that would (i) change the Mortgage Interest Rate, defer or
forgive the payment thereof of any principal or interest payments, reduce the
Stated Principal Balance (except for actual payments of principal) or extend the
final maturity date with respect to such Mortgage Loan, (ii) affect adversely
the status of any REMIC as a REMIC or (iii) cause any REMIC to be subject to a
tax on "prohibited transactions" or "contributions" pursuant to the REMIC
Provisions. Further, none of the Master Servicer, the Securities Administrator,
the Trustee or any Servicer shall permit any modification with respect to any
Mortgage Loan that would both (x) effect an exchange or reissuance of such
Mortgage Loan under Section 1.860G 2(b) of the Treasury regulations and (y)
cause any REMIC constituting part of the Trust Estate to fail to qualify as a
REMIC under the Code or the imposition of any tax on "prohibited transactions"
or "contributions" after the Startup Day under the REMIC Provisions.

     Section 5.09 Determination of LIBOR.

     On each Rate Determination Date for a Class of LIBOR Certificates, the
Securities Administrator shall determine LIBOR for the applicable Distribution
Date on the basis of the British Bankers' Association ("BBA") "Interest
Settlement Rate" for one-month deposits in U.S. Dollars as found on Telerate
page 3750 as of 11:00 A.M. London time on such Rate Determination Date. As used
herein, "Telerate page 3750" means the display designated as page 3750 on the
Reuters Telerate Service.

     If on any Rate Determination Date for a Class of LIBOR Certificates, the
Securities Administrator is unable to determine LIBOR on the basis of the method
set forth in the preceding paragraph, LIBOR for the applicable Distribution Date
will be whichever is higher of (x) LIBOR as determined on the previous Rate
Determination Date for such Class of LIBOR Certificates or (y) the Reserve
Interest Rate. The "Reserve Interest Rate" will be the rate per annum which the
Securities Administrator determines to be either (A) the arithmetic mean
(rounding such arithmetic mean upwards if necessary to the nearest whole
multiple of 1/16%) of the one-month U.S. Dollar lending rates that New York City
banks selected by the Securities Administrator are quoting, on the relevant Rate
Determination Date, to the principal London offices of at least two leading
banks in the London interbank market or (B) in the event that the Securities
Administrator can determine no such arithmetic mean, the lowest one-month U.S.
Dollar lending rate that the New York City banks selected by the Securities
Administrator are quoting on such Rate Determination Date to leading European
banks.

     If on any Rate Determination Date for a Class of LIBOR Certificates, the
Securities Administrator is required but is unable to determine the Reserve
Interest Rate in the manner provided in the preceding paragraph, LIBOR for the
applicable Distribution Date will be LIBOR as determined on the previous Rate
Determination Date for such Class of LIBOR Certificates, or,

                                      -98-

in the case of the first Rate Determination Date for which the Securities
Administrator is required to determine LIBOR, 5.33%.

     The establishment of LIBOR by the Securities Administrator and the
Securities Administrator's subsequent calculation of the rates of interest
applicable to each of the LIBOR Certificates in the absence of manifest error,
will be final and binding. After a Rate Determination Date, the Securities
Administrator shall provide the Pass-Through Rates of the LIBOR Certificates for
the related Distribution Date to Beneficial Owners or Holders of LIBOR
Certificates who place a telephone call to the Securities Administrator at (301)
815-6600 and make a request therefor.

     Section 5.10 Master Servicer, Securities Administrator and Trustee
Indemnification. (a) In the event that any REMIC created hereunder fails to
qualify as a REMIC, loses its status as a REMIC, or incurs federal, state or
local taxes as a result of a prohibited transaction or prohibited contribution
under the REMIC Provisions due solely to (i) the negligent performance by the
Trustee of its duties and obligations set forth herein or (ii) any state, local
or franchise taxes imposed upon the Trust Estate as a result of the location of
the Trustee or any co-trustee, the Trustee shall indemnify the Trust Estate
against any and all losses, claims, damages, liabilities or expenses ("Losses")
resulting from such negligence, including, without limitation, any reasonable
attorneys' fees imposed on or incurred as a result of a breach of the Trustee's
or any co-trustee's covenants.

     (b) In the event that any REMIC created hereunder fails to qualify as a
REMIC, loses its status as a REMIC, or incurs federal, state or local taxes as a
result of a prohibited transaction or prohibited contribution under the REMIC
Provisions due solely to (i) the negligent performance by the Master Servicer of
its duties and obligations set forth herein or (ii) any state, local or
franchise taxes imposed upon the Trust Estate as a result of the location of the
Master Servicer, the Master Servicer shall indemnify the Trust Estate against
any and all Losses resulting from such negligence, including, without
limitation, any reasonable attorneys' fees imposed on or incurred as a result of
a breach of the Master Servicer's covenants.

     (c) In the event that any REMIC created hereunder fails to qualify as a
REMIC, loses its status as a REMIC, or incurs federal, state or local taxes as a
result of a prohibited transaction or prohibited contribution under the REMIC
Provisions due solely to (i) the negligent performance by the Securities
Administrator of its duties and obligations set forth herein or (ii) any state,
local or franchise taxes imposed upon the Trust Estate as a result of the
location of the Securities Administrator, the Securities Administrator shall
indemnify the Trust Estate against any and all Losses resulting from such
negligence, including, without limitation, any reasonable attorneys' fees
imposed on or incurred as a result of a breach of the Securities Administrator's
covenants.

     (d) The Class 3-A-1 Interest that corresponds to the Class 3-A-1
Certificates will be entitled to receive interest and principal payments at the
times and in the amounts equal to those made on the Class 3-A-1 Certificates,
except that, for federal income tax purposes, the maximum interest rate payable
on the Class 3-A-1 Interest will equal the "Pass-Through Rate" for the Class
3-A-1 Certificates designated in the Preliminary Statement and payments made in
respect of the Yield Maintenance Agreement shall not be paid to the Class 3-A-1
Interest.

                                      -99-

     Section 5.11 Grantor Trust Administration with Respect to the Exchangeable
Certificates.

     (a) The Trustee and the Securities Administrator shall treat the portions
of the Trust Estate consisting of any interests in the Exchangeable REMIC
Certificates beneficially owned in the form of Exchangeable Certificates and
rights with respect thereto as assets of the Exchangeable Certificate Grantor
Trust and provisions of this Agreement shall be interpreted consistently with
this treatment. Each beneficial owner of Exchangeable REMIC Certificates that
elects to hold its interest in the Exchangeable REMIC Certificates in the form
of Exchangeable Certificates pursuant to Sections 6.03 and 6.04 of this
Agreement shall be deemed to have instructed the Securities Administrator to
deposit the applicable Exchangeable REMIC Certificates into the Exchangeable
Certificates Grantor Trust and all distributions in respect of such Exchangeable
REMIC Certificates shall be deposited into the Exchangeable Certificates Grantor
Trust Account. Funds in the Exchangeable Certificates Grantor Trust Account
shall remain uninvested. The Securities Administrator hereby designates the
Exchangeable Certificates Grantor Trust Account as a sub-account of the
Certificate Account.

     (b) On each Distribution Date, the Securities Administrator shall be deemed
to deposit all distributions in respect of the Exchangeable REMIC Certificates
deemed received by it from the Upper-Tier Certificate Account pursuant to
paragraph (a) of this Section 5.11 in the Exchangeable Certificates Grantor
Trust Account, and shall immediately distribute such amounts in respect of the
related Exchangeable Certificates.

     (c) Any beneficial owner of Exchangeable Certificates that exchanges such
Exchangeable Certificates for the related Exchangeable REMIC Certificates shall
be deemed to have instructed the Securities Administrator to remove such
Exchangeable REMIC Certificates from the Grantor Trust, so that distributions on
such Exchangeable REMIC Certificates are made directly from the Upper-Tier
Certificate Account to such beneficial owner.

     (d) The Securities Administrator and the Trustee shall account for the
Exchangeable Certificates Grantor Trust and the rights with respect thereto as,
for federal income tax purposes, a grantor trust as described in Subpart E of
Part I of Subchapter J of the Code and Treasury Regulation Section
301.7701-4(c)(2) and not as assets of any REMIC created pursuant to this
Agreement. The Securities Administrator shall apply for a taxpayer
identification number on IRS Form SS-4 and any similarly required state or local
forms. The Securities Administrator shall furnish or caused to be furnished to
the Holders of the related Exchangeable Certificates and shall file or cause to
be filed IRS Form 1041 and such other forms as may be required by the Code and
regulations promulgated thereunder and any similar state or local laws with
respect to the allocable shares of income and expenses with respect to the
assets of the Exchangeable Certificates Grantor Trust at the time and in the
manner required by the Code and regulations promulgated thereunder and any
similar state or local laws. The Securities Administrator shall sign any forms
required above.

     Section 5.12 Distributions on the Exchangeable Certificates. On each
Distribution Date, the Securities Administrator shall withdraw from the
Exchangeable Certificates Grantor Trust Account the Class Distribution Amount
for each Class with an Outstanding Exchangeable Certificate and shall make the
appropriate distributions to the Certificateholders of each such

                                     -100-

Class. All distributions of such Class Distribution Amount that are made with
respect to a particular Class shall be made pro rata among all Certificates of
such Class in proportion to their respective Class Certificate Balances, with no
preference or priority of any kind. As among any Outstanding Exchangeable
Classes, distributions shall be made to such Certificates, pro rata, in
proportion to the Class Certificate Balance of each such Class.

                                   ARTICLE VI

                                THE CERTIFICATES

     Section 6.01 The Certificates. The Classes of Senior Certificates and the
Subordinate Certificates shall be substantially in the forms attached hereto as
Exhibits A-1AR, A-1A1, A-1A2, A-1A3, A-1A4, A-1A5, A-1A6, A-1A7, A-1A8, A-1A9,
A-1A10, A-1A11, A-1A12, A-1A13, A-1A14, A-1A15, A-1A16, A-1A17, A-1A18, A-1A19,
A-1A20, A-1A21, A-1A22, A-1A23, A-1A24, A-2A1, A-2A2, A-2A3, A-2A4, A-3A1,
A-3A2, A-3A3, A-3A4, A-30IO, A-30PO, B-M, B-B1, B-B2, B-B3, B-B4, B-B5, B-B6 and
C (reverse of all Certificates) and shall, on original issue, be executed by the
Securities Administrator and shall be authenticated and delivered by the
Securities Administrator to or upon the order of the Depositor upon receipt by
the Trustee of the documents specified in Section 2.01. The Classes of
Certificates shall be available to investors in minimum denominations of initial
Certificate Balance (or initial notional amount) and integral multiples in
excess thereof set forth in the Preliminary Statement. The Senior Certificates
(other than the Class 1-A-R Certificate) and the Class M, Class B-1, Class B-2
and Class B-3 Certificates shall initially be issued in book-entry form through
the Depository and delivered to the Depository or, pursuant to the Depository's
instructions on behalf of the Depository to, and deposited with, the Certificate
Custodian, and all other Classes of Certificates shall initially be issued in
definitive, fully-registered form.

     The Certificates shall be executed by manual or facsimile signature on
behalf of the Securities Administrator by an authorized officer or signatory.
Certificates bearing the manual or facsimile signatures of individuals who were,
at the time when such signatures were affixed, authorized to sign on behalf of
the Securities Administrator shall bind the Securities Administrator,
notwithstanding that such individuals or any of them have ceased to be so
authorized prior to the execution and delivery of such Certificates or did not
hold such offices or positions at the date of such Certificate. No Certificate
shall be entitled to any benefit under this Agreement, or be valid for any
purpose, unless such Certificate shall have been manually authenticated by the
Securities Administrator substantially in the form provided for herein, and such
authentication upon any Certificate shall be conclusive evidence, and the only
evidence, that such Certificate has been duly authenticated and delivered
hereunder. All Certificates shall be dated the date of their authentication.

                                     -101-

     Section 6.02 Registration of Transfer and Exchange of Certificates. (a) The
Securities Administrator shall cause to be kept at an office or agency in the
city in which the Corporate Trust Office of the Securities Administrator is
located a Certificate Register in which, subject to such reasonable regulations
as it may prescribe, the Securities Administrator shall provide for the
registration of Certificates and of transfers and exchanges of Certificates as
herein provided. The Securities Administrator shall initially serve as
Certificate Registrar for the purpose of registering Certificates and transfers
and exchanges of Certificates as herein provided.

     (b) At the option of the Certificateholders, Certificates may be exchanged
for other Certificates of authorized denominations of a like Class, tenor and
aggregate Percentage Interest, upon surrender of the Certificates to be
exchanged at any such office or agency. Whenever any Certificates are so
surrendered for exchange, the Securities Administrator shall execute and the
Securities Administrator shall authenticate and deliver the Certificates which
the Certificateholder making the exchange is entitled to receive. Every
Certificate presented or surrendered for transfer or exchange shall (if so
required by the Securities Administrator or the Certificate Registrar) be duly
endorsed by, or be accompanied by a written instrument of transfer in form
satisfactory to the Securities Administrator and the Certificate Registrar duly
executed by, the Holder thereof or its attorney duly authorized in writing.

     (c) (i) Except as provided in paragraph (c)(iii) below, the Book-Entry
Certificates shall at all times remain registered in the name of the Depository
or its nominee and at all times: (A) registration of the Book-Entry Certificates
may not be transferred by the Securities Administrator except to another
Depository; (B) the Depository shall maintain book-entry records with respect to
the Certificate Owners and with respect to ownership and transfers of such
Book-Entry Certificates; (C) ownership and transfers of registration of the
Book-Entry Certificates on the books of the Depository shall be governed by
applicable rules established by the Depository; (D) the Depository may collect
its usual and customary fees, charges and expenses from its Depository
Participants; (E) the Securities Administrator shall deal with the Depository as
the representative of the Certificate Owners of the Book-Entry Certificates for
purposes of exercising the rights of Holders under this Agreement, and requests
and directions for and votes of the Depository shall not be deemed to be
inconsistent if they are made with respect to different Certificate Owners; and
(F) the Securities Administrator may rely and shall be fully protected in
relying upon information furnished by the Depository with respect to its
Depository Participants and furnished by the Depository Participants with
respect to indirect participating firms and persons shown on the books of such
indirect participating firms as direct or indirect Certificate Owners.

          (ii) All transfers by Certificate Owners of Book-Entry Certificates
     shall be made in accordance with the procedures established by the
     Depository Participant or brokerage firm representing such Certificate
     Owner. Each Depository Participant shall only transfer Book-Entry
     Certificates of Certificate Owners it represents or of brokerage firms for
     which it acts as agent in accordance with the Depository's normal
     procedures.

          (iii) If the Depository advises the Securities Administrator in
     writing that the Depository is no longer willing or able to properly
     discharge its responsibilities as Depository and the Securities
     Administrator or the Depositor is unable to locate a qualified successor,
     the Securities Administrator shall notify all Certificate Owners

                                     -102-

     through the Depository, of the occurrence of such event and of the
     availability of definitive, fully-registered Certificates (the "Definitive
     Certificates") to such Certificate Owners requesting the same. Upon
     surrender to the Securities Administrator of the related Class of
     Certificates by the Depository (or by the Certificate Custodian, if it
     holds such Class on behalf of the Depository), accompanied by the
     instructions from the Depository for registration, the Securities
     Administrator shall issue the Definitive Certificates. None of the Master
     Servicer, the Depositor, the Securities Administrator or the Trustee shall
     be liable for any delay in delivery of such instruction and may
     conclusively rely on, and shall be protected in relying on, such
     instructions. The Depositor shall provide the Securities Administrator with
     an adequate inventory of certificates to facilitate the issuance and
     transfer of Definitive Certificates. Upon the issuance of Definitive
     Certificates, the Securities Administrator shall recognize the Holders of
     the Definitive Certificates as Certificateholders hereunder.

     (d) No transfer of a Private Certificate shall be made unless such transfer
is exempt from the registration requirements of the 1933 Act and any applicable
state securities laws or is made in accordance with the 1933 Act and such laws.
In the event of any such transfer, (i) unless such transfer is made in reliance
on Rule 144A under the 1933 Act, the Securities Administrator or the Depositor
may require a written Opinion of Counsel (which may be in-house counsel)
acceptable to and in form and substance reasonably satisfactory to the
Securities Administrator and the Depositor that such transfer may be made
pursuant to an exemption, describing the applicable exemption and the basis
therefor, from the 1933 Act and such laws or is being made pursuant to the 1933
Act and such laws, which Opinion of Counsel shall not be an expense of the
Securities Administrator or the Depositor and (ii) the Securities Administrator
shall require a certificate from the Certificateholder desiring to effect such
transfer substantially in the form attached hereto as Exhibit G-1 and a
certificate from such Certificateholder's prospective transferee substantially
in the form attached hereto either as Exhibit G-2A or as Exhibit G-2B, which
certificates shall not be an expense of the Securities Administrator or the
Depositor; provided that the foregoing requirements under clauses (i) and (ii)
shall not apply to a transfer of a Private Certificate between or among the
Depositor, the Sponsor, their affiliates or both. The Depositor shall provide to
any Holder of a Private Certificate and any prospective transferees designated
by any such Holder, information regarding the related Certificates and the
Mortgage Loans and such other information as shall be necessary to satisfy the
condition to eligibility set forth in Rule 144A(d)(4) for transfer of any such
certificate without registration thereof under the 1933 Act pursuant to the
registration exemption provided by Rule 144A. The Holder of a Private
Certificate desiring to effect such transfer shall, and does hereby agree to,
indemnify the Securities Administrator and the Depositor against any liability
that may result if the transfer is not so exempt or is not made in accordance
with such federal and state laws.

     (e) No transfer of an ERISA Restricted Certificate shall be made unless the
transferee delivers to the Securities Administrator either (i) a representation
letter substantially in the form attached hereto as Exhibit H from the
transferee of such Certificate, which representation letter shall not be an
expense of the Depositor, the Trustee, the Securities Administrator or the
Master Servicer, or (ii) in the case of any ERISA Restricted Certificate (other
than the Class 1-A-R Certificate) presented for registration in the name of an
employee benefit plan or arrangement, including an individual retirement
account, subject to ERISA, the Code, or any federal, state or local law
("Similar Law") which is similar to ERISA or the Code (collectively, a "Plan"),
or a

                                     -103-

Person acting on behalf of a Plan, an Opinion of Counsel in form and substance
satisfactory to the Securities Administrator to the effect that the purchase or
holding of such ERISA Restricted Certificate by or on behalf of such Plan will
not constitute or result in a non-exempt prohibited transaction within the
meaning of ERISA, Section 4975 of the Code or a violation of Similar Law and
will not subject the Trustee, the Depositor, the Securities Administrator or the
Master Servicer to any obligation in addition to those undertaken in this
Agreement, which Opinion of Counsel shall not be an expense of the Securities
Administrator, the Depositor, the Trustee or the Master Servicer. Any transferee
of an ERISA Restricted Certificate that does not comply with either clause (i)
or (ii) of the preceding sentence will be deemed to have made one of the
representations set forth in Exhibit H. For purposes of clause (i) of the second
preceding sentence, such representation shall be deemed to have been made to the
Certificate Registrar by the acceptance by a Certificate Owner of a Book-Entry
Certificate of the beneficial interest in any such Class of ERISA-Restricted
Certificates, unless the Certificate Registrar shall have received from the
transferee an alternative representation or Opinion of Counsel acceptable in
form and substance to the Depositor. Notwithstanding anything else to the
contrary herein, any purported transfer of an ERISA Restricted Certificate to or
on behalf of a Plan without the delivery to the Securities Administrator of an
Opinion of Counsel satisfactory to the Securities Administrator as described
above shall be void and of no effect.

     Neither the Securities Administrator nor the Certificate Registrar shall
have any liability for transfers of Book-Entry Certificates made through the
book-entry facilities of the Depository or between or among any Depository
Participants or Certificate Owners, made in violation of applicable
restrictions. The Securities Administrator may rely and shall be fully protected
in relying upon information furnished by the Depository with respect to its
Depository Participants and furnished by the Depository Participants with
respect to indirect participating firms and Persons shown on the books of such
indirect participating firms as direct or indirect Certificate Owners.

     To the extent permitted under applicable law (including, but not limited
to, ERISA), the Securities Administrator shall be under no liability to any
Person for any registration of transfer of any ERISA Restricted Certificate that
is in fact not permitted by this Section 6.02 or for making any payments due on
such Certificate to the Holder thereof or taking any other action with respect
to such Holder under the provisions of this Agreement so long as the transfer
was registered by the Securities Administrator in accordance with the foregoing
requirements.

     (f) Each Person who has or who acquires any Ownership Interest in a
Residual Certificate shall be deemed by the acceptance or acquisition of such
Ownership Interest to have agreed to be bound by the following provisions, and
the rights of each Person acquiring any Ownership Interest in a Residual
Certificate are expressly subject to the following provisions:

          (i) Each Person holding or acquiring any Ownership Interest in a
     Residual Certificate shall be a Permitted Transferee and shall promptly
     notify the Securities Administrator of any change or impending change in
     its status as a Permitted Transferee.

          (ii) No Person shall acquire an Ownership Interest in a Residual
     Certificate unless such Ownership Interest is a pro rata undivided
     interest.

                                     -104-

          (iii) In connection with any proposed transfer of any Ownership
     Interest in a Residual Certificate, the Securities Administrator shall
     require delivery to it, in form and substance satisfactory to it, of an
     affidavit substantially in the form attached hereto as Exhibit I from the
     proposed transferee.

          (iv) Notwithstanding the delivery of an affidavit by a proposed
     transferee under clause (iii) above, if a Responsible Officer of the
     Securities Administrator has actual knowledge that the proposed transferee
     is not a Permitted Transferee, no transfer of any Ownership Interest in a
     Residual Certificate to such proposed transferee shall be effected.

          (v) No Ownership Interest in a Residual Certificate may be purchased
     by or transferred to any Person that is not a U.S. Person, unless (A) such
     Person holds such Residual Certificate in connection with the conduct of a
     trade or business within the United States and furnishes the transferor and
     the Securities Administrator with an effective Internal Revenue Service
     Form W-8ECI (or successor thereto) or (B) the transferee delivers to both
     the transferor and the Securities Administrator an Opinion of Counsel from
     a nationally-recognized tax counsel to the effect that such transfer is in
     accordance with the requirements of the Code and the regulations
     promulgated thereunder and that such transfer of a Residual Certificate
     will not be disregarded for federal income tax purposes.

          (vi) Any attempted or purported transfer of any Ownership Interest in
     a Residual Certificate in violation of the provisions of this Section 6.02
     shall be absolutely null and void and shall vest no rights in the purported
     transferee. If any purported transferee shall, in violation of the
     provisions of this Section 6.02, become a Holder of a Residual Certificate,
     then the prior Holder of such Residual Certificate that is a Permitted
     Transferee shall, upon discovery that the registration of transfer of such
     Residual Certificate was not in fact permitted by this Section 6.02, be
     restored to all rights as Holder thereof retroactive to the date of
     registration of transfer of such Residual Certificate. The Securities
     Administrator shall be under no liability to any Person for any
     registration of transfer of a Residual Certificate that is in fact not
     permitted by this Section 6.02 or for making any distributions due on such
     Residual Certificate to the Holder thereof or taking any other action with
     respect to such Holder under the provisions of the Agreement so long as the
     transfer was registered in accordance with this Section 6.02. The
     Securities Administrator shall be entitled to recover from any Holder of a
     Residual Certificate that was in fact not a Permitted Transferee at the
     time such distributions were made all distributions made on such Residual
     Certificate. Any such distributions so recovered by the Securities
     Administrator shall be distributed and delivered by the Securities
     Administrator to the prior Holder of such Residual Certificate that is a
     Permitted Transferee.

          (vii) If any Person other than a Permitted Transferee acquires any
     Ownership Interest in a Residual Certificate in violation of the
     restrictions in this Section 6.02, then the Securities Administrator, based
     on information provided to the Securities Administrator by the Master
     Servicer, will provide to the Internal Revenue Service, and to the Persons
     specified in Section 860E(e)(3) and (6) of the Code, information needed to

                                     -105-

     compute the tax imposed under Section 860E(e) of the Code on transfers of
     residual interests to disqualified organizations. The expenses of the
     Securities Administrator under this clause (vii) shall be reimbursable by
     the Trust.

          (viii) No Ownership Interest in a Residual Certificate shall be
     acquired by a Plan or any Person acting on behalf of, or using assets of, a
     Plan.

     (g) No service charge shall be imposed for any transfer or exchange of
Certificates of any Class, but the Securities Administrator may require payment
of a sum sufficient to cover any tax or governmental charge that may be imposed
in connection with any transfer or exchange of Certificates.

     (h) All Certificates surrendered for transfer and exchange shall be
destroyed by the Certificate Registrar.

     Section 6.03 Transfer of Exchangeable REMIC and Exchangeable Certificates.

     (a) Upon the presentation and surrender by any Certificateholder of its
Exchangeable REMIC or Exchangeable Certificates in the appropriate Combination
as set forth in Exhibit V hereto, such Certificateholder shall thereby transfer,
assign, set over and otherwise convey to the Securities Administrator, all of
such Certificateholder's right, title and interest in and to such Exchangeable
REMIC or Exchangeable Certificates, including all payments of interest thereon
received after the date of such presentation and surrender and until such
Certificateholder informs the Securities Administrator that it wishes to again
hold its interest in the form of Exchangeable REMIC or Exchangeable
Certificates, as applicable.

     (b) The Securities Administrator acknowledges any transfer and assignment
of Exchangeable REMIC or Exchangeable Certificates pursuant to the foregoing
paragraph, and hereby declares that it will hold the same in trust for the
Certificateholders on the terms set forth in this Agreement, and shall treat
such Exchangeable REMIC and Exchangeable Certificates in accordance with Section
5.11 of this Agreement.

     Section 6.04 Exchanges of Exchangeable REMIC and Exchangeable Certificates.

     (a) Exchangeable Certificates shall be exchangeable on the books of DTC for
Exchangeable REMIC Certificates and Exchangeable REMIC Certificates shall be
exchangeable on the books of DTC for Exchangeable Certificates, on and after the
Closing Date, by notice to the Securities Administrator substantially in the
form of Exhibit W hereto or under the terms and conditions hereinafter set forth
and otherwise in accordance with the procedures specified in this Agreement.

     (b) In the case of each Combination, Certificates of the Class or Classes
of Exchangeable REMIC Certificates in such Combination shall be exchangeable for
Certificates of the Class of Exchangeable Certificates related to such
Combination in respective Denominations, determined based on the proportion that
the Maximum Initial Class Certificate Balances or Maximum Initial Notional
Amounts of such Exchangeable REMIC Certificates bear to the Maximum Initial
Class Certificate Balances of the related Exchangeable Certificates, as set
forth in Exhibit V hereto. Except as provided in Section 5.11 of this Agreement,
upon any such

                                     -106-

exchange, the portions of the Exchangeable REMIC Certificates designated for
exchange shall be deemed cancelled and replaced by the Exchangeable Certificates
issued in exchange therefor. Correspondingly, Exchangeable Certificates related
to a Combination may be further designated for exchange for Certificates of the
Exchangeable REMIC Classes in such Combination in respective Denominations
determined based on the proportion that the Maximum Initial Class Certificate
Balances or Maximum Initial Notional Amounts of such Exchangeable REMIC
Certificates bear to the Maximum Initial Class Certificate Balances of the
related Exchangeable Certificates, as set forth in Exhibit V hereto. There shall
be no limitation on the number of exchanges authorized pursuant to this Section
6.04 and, except as provided below, no fee or other charge shall be payable to
the Securities Administrator or DTC in connection therewith.

     (c) In order to effect an exchange of Exchangeable REMIC Certificates or
Exchangeable Certificates, the Certificateholder shall notify the Securities
Administrator by e-mail at ctsspgexchanges@wellsfargo.com no later than two
Business Days before the proposed exchange date. The exchange date may be any
Business Day other than the first or last Business Day of the month, subject to
the Securities Administrator's approval. In addition, the Certificateholder must
provide notice on the Certificateholder's letterhead, which notice must carry a
medallion stamp guarantee and set forth the following information: the CUSIP
number of each Exchangeable REMIC or Exchangeable Certificate to be exchanged
and Exchangeable REMIC or Exchangeable Certificate to be received; the
outstanding portion of the Class Certificate Balance and/or Notional Amount and
the Maximum Initial Class Certificate Balance and/or Notional Amount of the
Exchangeable REMIC or Exchangeable Certificates to be exchanged; the
Certificateholder's DTC participant number; and the proposed exchange date.
After receiving the notice, the Securities Administrator shall e-mail the
Certificateholder with wire payment instructions relating to the exchange fee.
The Certificateholder will utilize the "deposit and withdrawal system" at DTC to
exchange the Certificates. The Securities Administrator shall verify the
proposed proportions to ensure that the principal and interest entitlements of
the Certificates received equal the entitlements of the Certificates
surrendered. If there is an error, the exchange will not occur until such error
is corrected. Unless rejected for error, a notice becomes irrevocable on the
second Business Day before the proposed exchange date.

     (d) Notwithstanding any other provision herein set forth, a fee of $5,000
shall be payable to the Securities Administrator in connection with each
exchange.

     (e) The Securities Administrator shall make the first distribution on an
Exchangeable REMIC or Exchangeable Certificate received in an exchange
transaction on the Distribution Date in the month following the month of the
exchange to the Certificateholder of record as of the close of business on the
last day of the month of the exchange.

     Section 6.05 Mutilated, Destroyed, Lost or Stolen Certificates. If (a) any
mutilated Certificate is surrendered to the Certificate Registrar or the
Certificate Registrar receives evidence to its satisfaction of the destruction,
loss or theft of any Certificate, and (b) there is delivered to the Securities
Administrator, the Trustee, the Depositor and the Certificate Registrar such
security or indemnity reasonably satisfactory to each, to save each of them
harmless, then, in the absence of actual notice to the Securities Administrator
or the Certificate Registrar that such Certificate has been acquired by a bona
fide purchaser, the Securities Administrator shall

                                     -107-

authenticate and deliver, in exchange for or in lieu of any such mutilated,
destroyed, lost or stolen Certificate, a new Certificate of like tenor, Class
and Percentage Interest but bearing a number not contemporaneously outstanding.
Upon the issuance of any new Certificate under this Section, the Securities
Administrator may require the payment of a sum sufficient to cover any tax or
other governmental charge that may be imposed in relation thereto and any other
expenses (including the fees and expenses of the Securities Administrator and
the Certificate Registrar) connected therewith. Any duplicate Certificate issued
pursuant to this Section shall constitute complete and indefeasible evidence of
ownership in the Trust, as if originally issued, whether or not the lost, stolen
or destroyed Certificate shall be found at any time.

     Section 6.06 Persons Deemed Owners. Prior to due presentation of a
Certificate for registration of transfer, the Depositor, the Master Servicer,
the Trustee, the Securities Administrator, the Certificate Registrar and any
agent of the Depositor, the Master Servicer, the Trustee, the Securities
Administrator or the Certificate Registrar may treat the Person in whose name
any Certificate is registered as the owner of such Certificate for the purpose
of receiving distributions pursuant to Section 5.01 and for all other purposes
whatsoever, and none of the Depositor, the Master Servicer, the Trustee, the
Securities Administrator, the Certificate Registrar or any agent of the
Depositor, the Master Servicer, the Trustee, the Securities Administrator or the
Certificate Registrar shall be affected by notice to the contrary.

                                   ARTICLE VII

                      THE DEPOSITOR AND THE MASTER SERVICER

     Section 7.01 Respective Liabilities of the Depositor and the Master
Servicer. The Depositor and the Master Servicer shall each be liable in
accordance herewith only to the extent of the obligations specifically and
respectively imposed upon and undertaken by the Depositor and the Master
Servicer herein. By way of illustration and not limitation, the Depositor is not
liable for the master servicing and administration of the Mortgage Loans, nor is
it obligated by Section 8.01 to assume any obligations of the Master Servicer or
to appoint a designee to assume such obligations, nor is it liable for any other
obligation hereunder that it may, but is not obligated to, assume unless it
elects to assume such obligation in accordance herewith.

     Section 7.02 Merger or Consolidation of the Depositor or the Master
Servicer. The Depositor and the Master Servicer will each keep in full effect
its existence, rights and franchises as a separate entity under the laws
governing its organization, and will each obtain and preserve its qualification
to do business as a foreign corporation in each jurisdiction in which such
qualification is or shall be necessary to protect the validity and
enforceability of this Agreement, the Certificates or any of the Mortgage Loans
and to perform its respective duties under this Agreement.

     Any Person into which the Depositor or the Master Servicer may be merged or
consolidated, or any corporation resulting from any merger or consolidation to
which the Depositor or the Master Servicer shall be a party, or any Person
succeeding to the business of the Depositor or the Master Servicer, shall be the
successor of the Depositor or the Master Servicer, as the case may be,
hereunder, without the execution or filing of any paper or any further act on
the part of any of the parties hereto, anything herein to the contrary
notwithstanding; provided,

                                     -108-

however, that the successor or surviving Person to the Master Servicer shall be
qualified to service mortgage loans on behalf of Fannie Mae or Freddie Mac.

     In connection with the succession to the Master Servicer under this
Agreement by any Person (i) into which the Master Servicer may be merged or
consolidated, or (ii) which may be appointed as a successor to the Master
Servicer, the Master Servicer shall notify the Depositor of such succession or
appointment and shall furnish to the Depositor and the Securities Administrator
in writing and in form and substance reasonably satisfactory to the Depositor
and the Securities Administrator, all information reasonably necessary for the
Securities Administrator to accurately and timely report, pursuant to Section
3.22(d), the event under Item 6.02 of Form 8-K pursuant to the Exchange Act (if
such reports under the Exchange Act are required to be filed under the Exchange
Act).

     Section 7.03 Limitation on Liability of the Depositor, the Master Servicer
and Others. None of the Depositor, the Master Servicer or any of the directors,
officers, employees or agents of the Depositor or of the Master Servicer shall
be under any liability to the Trust Estate or the Certificateholders for any
action taken or for refraining from the taking of any action in good faith
pursuant to this Agreement, or for errors in judgment; provided, however, that
this provision shall not protect the Depositor, the Master Servicer or any such
Person against any breach of warranties or representations made herein or any
liability which would otherwise be imposed by reason of willful misfeasance, bad
faith or gross negligence in the performance of duties or by reason of reckless
disregard of obligations and duties hereunder. The Depositor, the Master
Servicer and any director, officer, employee or agent of the Depositor or the
Master Servicer may rely in good faith on any document of any kind prima facie
properly executed and submitted by any Person respecting any matters arising
hereunder. The Depositor, the Master Servicer and any director, officer,
employee or agent of the Depositor or the Master Servicer shall be indemnified
by the Trust Estate and held harmless against any loss, liability or expense
incurred in connection with any legal action relating to this Agreement or the
Certificates, other than any loss, liability or expense related to any specific
Mortgage Loan or Mortgage Loans (except as any such loss, liability or expense
shall be otherwise reimbursable pursuant to this Agreement) and any loss,
liability or expense incurred by reason of willful misfeasance, bad faith or
gross negligence in the performance of duties hereunder or by reason of reckless
disregard of obligations and duties hereunder. Neither of the Depositor nor the
Master Servicer shall be under any obligation to appear in, prosecute or defend
any legal action which is not incidental to its respective duties under this
Agreement and which in its opinion may involve it in any expense or liability;
provided, however, that the Depositor or the Master Servicer may in its
discretion undertake any such action which it may deem necessary or desirable in
respect to this Agreement and the rights and duties of the parties hereto and
the interests of the Certificateholders hereunder. In such event, the legal
expenses and costs of such action and any liability resulting therefrom shall be
expenses, costs and liabilities of the Trust Estate (except any expenses, costs
or liabilities incurred as a result of any breach of representations or
warranties of the related party or by reason of willful misfeasance, bad faith
or gross negligence in the performance of duties of such party hereunder or by
reason of reckless disregard of obligations and duties of such party hereunder),
and the Depositor and the Master Servicer shall each be entitled to be
reimbursed therefor out of amounts attributable to the Mortgage Loans on deposit
in the Master Servicer Custodial Account as provided by Section 3.11.

                                     -109-

     Section 7.04 Depositor and Master Servicer Not to Resign. Subject to the
provisions of Section 7.02, neither the Depositor nor the Master Servicer shall
resign from its respective obligations and duties hereby imposed on it except
upon determination that its duties hereunder are no longer permissible under
applicable law. Any such determination permitting the resignation of the
Depositor or the Master Servicer shall be evidenced by an Opinion of Counsel to
such effect delivered to the Securities Administrator. No such resignation by
the Master Servicer shall become effective until the Securities Administrator or
a successor Master Servicer shall have assumed such Master Servicer's
responsibilities and obligations in accordance with Section 8.05 hereof.

                                  ARTICLE VIII

                                     DEFAULT

     Section 8.01 Events of Default. If any one of the following events ("Events
of Default") shall occur and be continuing:

     (a) any failure by the Master Servicer to remit amounts to the Securities
Administrator for deposit into the Certificate Account in the amount and manner
provided herein so as to enable the Securities Administrator to distribute to
Holders of Certificates any payment required to be made under the terms of such
Certificates and this Agreement which continues unremedied by 5:00 P.M. New York
time on the Business Day preceding the related Distribution Date; or

     (b) failure on the part of the Master Servicer duly to observe or perform
in any material respect any other covenants or agreements of the Master Servicer
set forth in the Certificates or in this Agreement, which covenants and
agreements continue unremedied for a period of 30 days after the date on which
written notice of such failure, requiring the same to be remedied, shall have
been given to the Master Servicer by the Securities Administrator, the Trustee
or the Depositor, or to the Master Servicer, the Depositor, the Securities
Administrator and the Trustee by the Holders of Certificates evidencing Voting
Rights aggregating not less than 25% of all Certificates affected thereby; or

     (c) the entry of a decree or order by a court or agency or supervisory
authority having jurisdiction in the premises for the appointment of a
conservator, receiver or liquidator in any insolvency, readjustment of debt,
marshalling of assets and liabilities or similar proceedings against the Master
Servicer, or for the winding up or liquidation of the Master Servicer's affairs,
and the continuance of any such decree or order unstayed and in effect for a
period of 60 consecutive days; or

     (d) the consent by the Master Servicer to the appointment of a conservator
or receiver or liquidator in any insolvency, readjustment of debt, marshalling
of assets and liabilities or similar proceedings of or relating to the Master
Servicer or of or relating to substantially all of its property; or the Master
Servicer shall admit in writing its inability to pay its debts generally as they
become due, file a petition to take advantage of any applicable insolvency or
reorganization statute, make an assignment for the benefit of its creditors, or
voluntarily suspend payment of its obligations; or

                                      -110-

     (e) failure by the Master Servicer to duly perform, within the required
time period, its obligations under Section 3.20, Section 3.21 or Section 3.22;
or

     (f) failure by the Master Servicer to make a Periodic Advance required to
be made by it pursuant to Section 3.19 not later than 5:00 P.M. New York time on
the Business Day on which the Master Servicer is required to remit funds to the
Securities Administrator pursuant to Section 3.09(b).

     then, (i) in the case of Event of Default described in clauses (a) through
(e) hereof, so long as such Event of Default is actually known by a Responsible
Officer of the Trustee or the Depositor and shall not have been remedied by the
Master Servicer, either the Trustee or the Depositor may, and at the direction
of the Holders of Certificates evidencing Voting Rights aggregating not less
than 51% of all Certificates affected thereby shall, by notice then given in
writing to the Master Servicer (and to the Trustee, if given by the Depositor,
and to the Depositor, if given by the Trustee), terminate all of the rights and
obligations of the Master Servicer under this Agreement and (ii) in the case of
an Event of Default described in clause (f) hereof, so long as such event is
known by a Responsible Officer of the Trustee, the Trustee shall be obligated to
make such Periodic Advance and then, so long as such Event of Default shall not
have been remedied by 5:00 P.M. New York time on the related Distribution Date
(including the reimbursement to the Trustee by the Master Servicer, with
interest thereon at the Prime Rate (as set forth in The Wall Street Journal),
for any Periodic Advance made), the Trustee may, by notice given in writing to
the Master Servicer and the Depositor, terminate all of the rights and
obligations of the Master Servicer under this Agreement. On or after the receipt
by the Master Servicer of such written notice and subject to Section 8.05, all
authority and power of the Master Servicer under this Agreement, whether with
respect to the Certificates or the Mortgage Loans or otherwise, shall pass to
and be vested in the Trustee pursuant to and under this Section 8.01 and Section
8.05, unless and until such time as the Trustee shall appoint a successor Master
Servicer pursuant to Section 8.05, and, without limitation, the Trustee is
hereby authorized and empowered to execute and deliver, on behalf of the Master
Servicer, as attorney-in-fact or otherwise, any and all documents and other
instruments, and to do or accomplish all other acts or things necessary or
appropriate to effect the purposes of such notice of termination, whether to
complete the transfer and endorsement of the applicable Mortgage Loans and
related documents, or otherwise, including, without limitation, the recordation
of the assignments of the applicable Mortgage Loans to it. The Master Servicer
agrees to cooperate with the Trustee in effecting the termination of the
responsibilities and rights of the Master Servicer hereunder, including, without
limitation, the transfer to the Trustee for the administration by it of all cash
amounts that have been deposited by the Master Servicer in the Master Servicer
Custodial Account or thereafter received by the Master Servicer with respect to
the Mortgage Loans. Upon obtaining notice or knowledge of the occurrence of any
Event of Default, the Person obtaining such notice or knowledge shall give
prompt written notice thereof to Certificateholders at their respective
addresses appearing in the Certificate Register and to each Rating Agency. All
costs and expenses (including attorneys' fees) incurred in connection with
transferring the master servicing data and information to the successor Master
Servicer and amending this Agreement to reflect such succession as Master
Servicer pursuant to this Section 8.01 shall be paid by the predecessor Master
Servicer (unless the predecessor Master Servicer is the Trustee, in which event
the previous Master Servicer shall be responsible for payment of such costs and
expenses so long as the transfer of servicing is not the result of an Event of
Default on the part of the Trustee in its

                                      -111-

capacity as the predecessor Master Servicer). Notwithstanding the termination of
the Master Servicer pursuant hereto, the Master Servicer shall remain liable for
any causes of action arising out of any Event of Default occurring prior to such
termination, subject to the terms and conditions of this Agreement.

     Section 8.02 Remedies of Trustee. During the continuance of any Event of
Default, so long as such Event of Default shall not have been remedied, the
Trustee, in addition to the rights specified in Section 8.01, shall have the
right, in its own name as trustee of an express trust, to take all actions now
or hereafter existing at law, in equity or by statute to enforce its rights and
remedies and to protect the interests, and enforce the rights and remedies, of
the Certificateholders (including the institution and prosecution of all
judicial, administrative and other proceedings and the filing of proofs of claim
and debt in connection therewith). Except as otherwise expressly provided in
this Agreement, no remedy provided for by this Agreement shall be exclusive of
any other remedy, and each and every remedy shall be cumulative and in addition
to any other remedy and no delay or omission to exercise any right or remedy
shall impair any such right or remedy or shall be deemed to be a waiver of any
Event of Default.

     Section 8.03 Directions by Certificateholders and Duties of Trustee During
Event of Default. During the continuance of any Event of Default, Holders of
Certificates evidencing Voting Rights aggregating not less than 25% (or such
other percentage as may be required herein) of each Class of Certificates
affected thereby may direct the time, method and place of conducting any
proceeding for any remedy available to the Trustee, or exercising any trust or
power conferred upon the Trustee under this Agreement; provided, however, that
the Trustee shall be under no obligation to pursue any such remedy, or to
exercise any of the trusts or powers vested in it by this Agreement (including,
without limitation, (a) the conducting or defending of any administrative action
or litigation hereunder or in relation hereto, and (b) the terminating of the
Master Servicer or any successor Master Servicer from its rights and duties as
master servicer hereunder) at the request, order or direction of any of the
Certificateholders, unless such Certificateholders shall have offered to the
Trustee reasonable security or indemnity satisfactory to it against the costs,
expenses and liabilities which may be incurred therein or thereby and, provided
further, that, subject to the provisions of Section 9.01, the Trustee shall have
the right to decline to follow any such direction if the Trustee, based upon an
Opinion of Counsel, determines that the action or proceeding so directed may not
lawfully be taken or if the Trustee in good faith determines that the action or
proceeding so directed would subject the Trustee to a risk of personal liability
or be unjustly prejudicial to the non-assenting Certificateholders.

     Section 8.04 Action upon Certain Failures of the Master Servicer and upon
Event of Default. In the event that a Responsible Officer of the Trustee shall
have actual knowledge of any failure of the Master Servicer specified in Section
8.01(a) or (b) which would become an Event of Default upon such Master
Servicer's failure to remedy the same after notice, the Trustee shall give
notice thereof to the Master Servicer. If a Responsible Officer of the Trustee
shall have knowledge of an Event of Default, the Trustee shall give prompt
written notice thereof to the Securities Administrator and the Securities
Administrator shall give prompt written notice thereof to the Certificateholders
in accordance with Section 8.01.

     Section 8.05 Trustee to Act; Appointment of Successor. (a) Within 90 days
of the time the Master Servicer (and the Trustee if such notice of termination
is delivered by the Depositor)

                                      -112-

receives a notice of termination pursuant to Section 8.01, the Trustee (or other
named successor) shall, subject to Section 3.07, be the successor in all
respects to the Master Servicer in its capacity as master servicer under this
Agreement and the transactions set forth or provided for herein and shall be
subject to all the responsibilities, duties and liabilities relating thereto
placed on the Master Servicer by the terms and provisions hereof and thereof, as
applicable, or shall appoint a successor pursuant to Section 3.07.
Notwithstanding the foregoing, (i) the parties hereto agree that the Trustee, in
its capacity as successor Master Servicer, immediately will assume all of the
obligations of the Master Servicer to make advances (including, without
limitation, Advances pursuant to Section 3.19) under this Agreement, (ii) the
Trustee, in its capacity as successor Master Servicer, shall not be responsible
for the lack of information and/or documents that it cannot obtain through
reasonable efforts and (iii) under no circumstances shall any provision of this
Agreement be construed to require the Trustee (a) acting in its capacity as
successor to the Master Servicer in its obligation to make advances (including
Advances pursuant to Section 3.19) to advance, expend or risk its own funds or
otherwise incur any financial liability in the performance of its duties
hereunder if it shall have reasonable grounds for believing that such funds are
non-recoverable, (b) to be liable for any losses of the Master Servicer or any
acts or omissions of the predecessor Master Servicer hereunder, (c) to be
obligated to make Advances if it is prohibited from doing so by applicable law,
(d) to be obligated to effectuate repurchases or substitutions of the Mortgage
Loans hereunder or (e) to be obligated to perform any obligation of the Master
Servicer under Section 3.20, Section 3.21 or Section 3.22 with respect to any
period of time during which the Trustee was not the Master Servicer. Subject to
Section 8.05(b), as compensation therefor, the Trustee shall be entitled to such
compensation as the terminated Master Servicer would have been entitled to
hereunder if no such notice of termination had been given, except for those
amounts due to the Master Servicer as reimbursement for Advances previously made
or amounts previously expended and are otherwise reimbursable hereunder.
Notwithstanding the above, the Trustee may, if it shall be unwilling so to act,
or shall, if it is legally unable so to act, appoint, or petition a court of
competent jurisdiction to appoint, any established housing and home finance
institution having a net worth of not less than $10,000,000 as the successor to
the terminated Master Servicer hereunder in the assumption of all or any part of
the responsibilities, duties or liabilities of the Master Servicer hereunder;
provided, however, that any such institution appointed as a successor Master
Servicer shall not, as evidenced in writing by each Rating Agency, adversely
affect the then current rating of any Class of Certificates immediately prior to
the termination of the terminated Master Servicer. The appointment of a
successor Master Servicer shall not affect any liability of the predecessor
Master Servicer which may have arisen under this Agreement prior to its
termination as Master Servicer, nor shall any successor Master Servicer be
liable for any acts or omissions of the predecessor Master Servicer or for any
breach by the Master Servicer of any of its representations or warranties
contained herein or in any related document or agreement. Pending appointment of
a successor to a terminated Master Servicer hereunder, unless the Trustee is
prohibited by law from so acting, the Trustee shall act in such capacity as
provided above. The Trustee and such successor shall take such action,
consistent with this Agreement, as shall be necessary to effectuate any such
succession. All Master Servicing Transfer Costs shall be paid by the predecessor
Master Servicer (unless the predecessor Master Servicer is the Trustee, in which
event the previous Master Servicer shall be responsible for payment of such
costs and expenses so long as the transfer of servicing is not the result of an
Event of Default on the part of the Trustee in its capacity as the predecessor
Master Servicer) upon presentation of

                                      -113-

reasonable documentation of such costs, and if such predecessor Master Servicer
defaults in its obligation to pay such costs, such costs shall be paid by the
successor Master Servicer or the Trustee (in which case the successor Master
Servicer or the Trustee shall be entitled to reimbursement therefor from the
assets of the Trust).

     (b) In connection with the appointment of a successor Master Servicer or
the assumption of the duties of the Master Servicer, as specified in Section
8.05(a), the Trustee may make such arrangements for the compensation of such
successor as it and such successor shall agree; provided, however, that such
compensation shall not exceed the compensation of the Master Servicer being
replaced.

     (c) The Securities Administrator is hereby directed to execute and deliver,
on behalf of the Trust, the Yield Maintenance Agreement on the Closing Date and
to enforce the obligations of the Counterparty under the Yield Maintenance
Agreement thereafter, including by exercising any right that the Securities
Administrator may have to designate an "early termination date" under the Yield
Maintenance Agreement upon the occurrence of an "event of default" or a
"termination event" thereunder. Upon the occurrence of an "early termination
date" under the Yield Maintenance Agreement, and at the direction of the
Depositor, the Securities Administrator shall use reasonable efforts to replace
the Yield Maintenance Agreement with one that is furnished by a replacement for
the Counterparty acceptable to each Rating Agency, and the Securities
Administrator shall hold in trust any amount that is paid to it by the
Counterparty in respect of any such "early termination date" and apply such
amount to the purchase of the related replacement. If any portion of such amount
cannot be so used (either because a replacement for the Yield Maintenance
Agreement is not available or such amount exceeds the amount necessary to
purchase such replacement), the Securities Administrator shall deposit such
portion in the Reserve Fund. If such amount is insufficient to purchase a
replacement for the Yield Maintenance Agreement, the Securities Administrator
shall apply such amount to replace as much of the Yield Maintenance Agreement as
it is possible to replace with such amount. If the Counterparty transfers its
rights and obligations under the Yield Maintenance Agreement to another party in
accordance therewith or the Securities Administrator replaces the Yield
Maintenance Agreement with one that is furnished by a replacement for the
Counterparty acceptable to each Rating Agency in accordance with this Agreement,
then the Securities Administrator shall execute and deliver the related
replacement for, or novation of, the Yield Maintenance Agreement.

     For so long as the Securities Administrator is required to file any report
with the Commission pursuant to Section 3.22 of this Agreement, upon its receipt
from BANA of each "significance estimate" for the Yield Maintenance Agreement
pursuant to the Mortgage Loan Purchase Agreement, the Securities Administrator
shall, on the basis of such "significance estimate," calculate the Yield
Maintenance Agreement's "significance percentage" of the Class Certificate
Balance of the related Class of Certificates as of the date of such
"significance estimate" in accordance with Item 1115 of Regulation AB. For the
avoidance of doubt, such "significance percentage" shall be a fraction,
expressed as a percentage, the numerator of which is such "significance
estimate" and the denominator of which is the Class Certificate Balance of the
Class 3-A-1 Certificates after distributions on the related Distribution Date.
The Securities Administrator also shall determine as of such date whether such
"significance percentage" would require disclosure of financial information with
respect to the Counterparty in any report

                                      -114-

required to be filed with the Commission pursuant to Section 3.22, and if it
does, the Securities Administrator shall make a written request of the
Counterparty for such information in accordance with the Yield Maintenance
Agreement not later than the second Business Day after it receives the related
"significance estimate." Upon its receipt of such information, the Securities
Administrator shall furnish such information to the Depositor and, if such
information is approved by the Depositor, shall include such information in the
related report as provided in Section 3.22.

     (d) Any successor, including the Trustee, to the Master Servicer as master
servicer shall during the term of its service as master servicer maintain in
force (i) a policy or policies of insurance covering errors and omissions in the
performance of its obligations as master servicer hereunder and (ii) a fidelity
bond in respect of its officers, employees and agents to the same extent as the
Master Servicer is so required pursuant to Section 3.03.

     Section 8.06 Notification to Certificateholders. Upon any termination or
appointment of a successor to the Master Servicer pursuant to this Article VIII,
the Securities Administrator shall give prompt written notice thereof to
Certificateholders at their respective addresses appearing in the Certificate
Register and to each Rating Agency.

                                   ARTICLE IX

                  THE TRUSTEE AND THE SECURITIES ADMINISTRATOR

     Section 9.01 Duties of Trustee and Securities Administrator. (a) The
Trustee and the Securities Administrator, prior to the occurrence of an Event of
Default and after the curing or waiver of all Events of Default which may have
occurred, each undertake to perform such duties and only such duties as are
specifically set forth in this Agreement as duties of the Trustee and the
Securities Administrator, respectively. In case an Event of Default has occurred
of which a Responsible Officer of the Trustee shall have actual knowledge (which
has not been cured or waived), the Trustee shall exercise such of the rights and
powers vested in it by this Agreement, and use the same degree of care and skill
in their exercise as a reasonably prudent investor would exercise or use under
the circumstances in the conduct of such investor's own affairs. In case an
Event of Default has occurred of which a Responsible Officer of the Securities
Administrator shall have actual knowledge (which has not been cured or waived),
the Securities Administrator shall exercise such of the rights and powers vested
in it by this Agreement, and use the same degree of care and skill in their
exercise as a reasonably prudent investor would exercise or use under the
circumstances in the conduct of such investor's own affairs.

     The Trustee and the Securities Administrator, upon receipt of all
resolutions, certificates, statements, opinions, reports, documents, orders or
other instruments furnished to the Trustee and the Securities Administrator
which are specifically required to be furnished pursuant to any provision of
this Agreement, shall examine them to determine whether they conform to the
requirements of this Agreement; provided, however, that neither the Trustee nor
the Securities Administrator shall be responsible for the accuracy of any
resolution, certificate, statement, opinion, report, document, order or other
instrument furnished by the Master Servicer or the Depositor hereunder.

                                      -115-

     (b) No provision of this Agreement shall be construed to relieve the
Trustee or the Securities Administrator from liability for its own grossly
negligent action, its own grossly negligent failure to act or its own willful
misfeasance; provided, however, that:

          (i) Prior to the occurrence of an Event of Default, and after the
     curing or waiver of all such Events of Default which may have occurred, the
     duties and obligations of the Trustee and the Securities Administrator
     shall be determined solely by the express provisions of this Agreement, the
     Trustee and the Securities Administrator shall not be liable except for the
     performance of such duties and obligations as are specifically set forth in
     this Agreement, no implied covenants or obligations shall be read into this
     Agreement against the Trustee and the Securities Administrator and, in the
     absence of bad faith on the part of the Trustee and the Securities
     Administrator, the Trustee and the Securities Administrator may
     conclusively rely, as to the truth of the statements and the correctness of
     the opinions expressed therein, upon any certificates or opinions furnished
     to the Trustee and the Securities Administrator by the Depositor or the
     Master Servicer and which on their face, do not contradict the requirements
     of this Agreement;

          (ii) The Trustee shall not be personally liable for an error of
     judgment made in good faith by a Responsible Officer or Responsible
     Officers of the Trustee, unless it shall be proved that the Trustee was
     grossly negligent in ascertaining the pertinent facts;

          (iii) The Trustee and the Securities Administrator shall not be
     personally liable with respect to any action taken, suffered or omitted to
     be taken by it in good faith in accordance with the direction of
     Certificateholders as provided in Section 8.03;

          (iv) The Trustee shall not be charged with knowledge of any default or
     an Event of Default under Section 8.01 unless a Responsible Officer of the
     Trustee obtains actual knowledge of such default or Event of Default or any
     Responsible Officer of the Trustee receives written notice of such default
     or Event of Default at its Corporate Trust Office from the Master Servicer,
     the Securities Administrator, the Depositor or any Certificateholder. The
     Securities Administrator shall not be charged with knowledge of any default
     or an Event of Default under Section 8.01 unless a Responsible Officer of
     the Securities Administrator obtains actual knowledge of such failure or
     event or any Responsible Officer of the Securities Administrator receives
     written notice of such default or Event of Default at its Corporate Trust
     Office from the Master Servicer, the Trustee, the Depositor or any
     Certificateholder; and

          (v) No provision in this Agreement shall require the Trustee or the
     Securities Administrator to expend or risk its own funds or otherwise incur
     any personal financial liability in the performance of any of its duties as
     Trustee or Securities Administrator hereunder, or in the exercise of any of
     its rights or powers, if the Trustee or the Securities Administrator shall
     have reasonable grounds for believing that repayment of funds or adequate
     indemnity or security satisfactory to it against such risk or liability is
     not reasonably assured to it and none of the provisions contained in this
     Agreement shall in any event require the Securities Administrator to
     perform, or be responsible for the manner of performance of, any of the
     obligations of the Master Servicer under this Agreement.

                                      -116-

     (c) Subject to the conditions set forth in this Section 9.01(c), the
Securities Administrator is permitted to utilize one or more Subcontractors to
perform certain of its obligations hereunder. The Securities Administrator shall
promptly upon request provide to the Depositor a written description (in form
and substance satisfactory to the Depositor) of the role and function of each
Subcontractor utilized by the Securities Administrator, specifying (i) the
identity of each such Subcontractor that is a Servicing Function Participant and
(ii) which elements of the Servicing Criteria will be addressed in Assessments
of Compliance provided by each Servicing Function Participant. As a condition to
the utilization by the Securities Administrator of any Servicing Function
Participant, the Securities Administrator shall cause any such Servicing
Function Participant for the benefit of the Depositor to comply with the
provisions of Section 3.20 of this Agreement to the same extent as if such
Servicing Function Participant were the Securities Administrator. The Securities
Administrator shall be responsible for obtaining from each such Servicing
Function Participant and delivering to the applicable Persons any Assessment of
Compliance and related Attestation Report required to be delivered by such
Servicing Function Participant under Section 3.20, in each case as and when
required to be delivered.

     Notwithstanding the foregoing, if the Securities Administrator engages a
Subcontractor in connection with the performance of any of its duties under this
Agreement, the Securities Administrator shall be responsible for determining
whether such Subcontractor is an Additional Servicer.

     The Securities Administrator shall indemnify the Depositor, the Sponsor,
the Trustee, the Custodian, the Master Servicer and any of their respective
directors, officers, employees or agents and hold them harmless against any and
all claims, losses, damages, penalties, fines, forfeitures, reasonable and
necessary legal fees and related costs, judgments, and any other costs, fees and
expenses that any of them may sustain in any way related to a breach of the
Securities Administrator's obligation set forth in the preceding paragraph or
the failure of the Securities Administrator to perform any of its obligations
under Section 3.20, Section 3.21, Section 3.22 or this Section 9.01(c).

     Section 9.02 Certain Matters Affecting the Trustee and the Securities
Administrator. Except as otherwise provided in Section 9.01:

          (i) The Trustee and the Securities Administrator may request and rely
     upon and shall be protected in acting or refraining from acting upon any
     resolution, Officer's Certificate, certificate of auditors or any other
     certificate, statement, instrument, opinion, report, notice, request,
     consent, order, appraisal, bond or other paper or document believed by it
     to be genuine and to have been signed or presented by the proper party or
     parties and the manner of obtaining consents and of evidencing the
     authorization of the execution thereof by Certificateholders shall be
     subject to the reasonable regulations as the Trustee and the Securities
     Administrator, as applicable, may prescribe;

          (ii) The Trustee and the Securities Administrator may consult with
     counsel and any Opinion of Counsel shall be full and complete authorization
     and protection in respect of any action taken or suffered or omitted by it
     hereunder in good faith and in accordance with such Opinion of Counsel;

                                      -117-

          (iii) Neither the Trustee nor the Securities Administrator shall be
     under any obligation to exercise any of the trusts or powers vested in it
     by this Agreement or to institute, conduct or defend any litigation
     hereunder or in relation hereto at the request, order or direction of any
     of the Certificateholders, pursuant to the provisions of this Agreement,
     unless such Certificateholders shall have offered to the Trustee or the
     Securities Administrator, as the case may be, reasonable security or
     indemnity satisfactory to it against the costs, expenses and liabilities
     which may be incurred therein or thereby; however, subject to Section
     9.01(b)(v), nothing contained herein shall relieve the Trustee or the
     Securities Administrator of the obligation, upon the occurrence of an Event
     of Default (which has not been cured or waived), to exercise such of the
     rights and powers vested in it by this Agreement, and to use the same
     degree of care and skill in their exercise as a prudent investor would
     exercise or use under the circumstances in the conduct of such investor's
     own affairs;

          (iv) Neither the Trustee nor the Securities Administrator shall be
     personally liable for any action taken, suffered or omitted by it in good
     faith and believed by it to be authorized or within the discretion or
     rights or powers conferred upon it by this Agreement;

          (v) Prior to the occurrence of an Event of Default hereunder and after
     the curing or waiving of all Events of Default which may have occurred,
     neither the Trustee nor the Securities Administrator shall be bound to make
     any investigation into the facts or matters stated in any resolution,
     certificate, statement, instrument, opinion, report, notice, request,
     consent, order, approval, bond or other paper or document, unless requested
     in writing so to do by Holders of Certificates of any Class evidencing, as
     to such Class, Percentage Interests, aggregating not less than 50%;
     provided, however, that if the payment within a reasonable time to the
     Trustee or the Securities Administrator of the costs, expenses or
     liabilities likely to be incurred by it in the making of such investigation
     is, in the opinion of the Trustee or the Securities Administrator, as the
     case may be, not reasonably assured to the Trustee or the Securities
     Administrator, as applicable, by the security afforded to it by the terms
     of this Agreement, the Trustee or the Securities Administrator, as the case
     may be, may require reasonable indemnity or security satisfactory to it
     against such expense or liability or payment of such estimated expenses as
     a condition to so proceeding;

          (vi) The Trustee and the Securities Administrator may each execute any
     of the trusts or powers hereunder or perform any duties hereunder either
     directly or by or through agents, attorneys, accountants, custodian or
     independent contractor; and

          (vii) The right of the Trustee or the Securities Administrator to
     perform any discretionary act enumerated in this Agreement shall not be
     construed as a duty, and neither the Trustee nor the Securities
     Administrator shall be answerable for other than its gross negligence or
     willful misconduct in the performance of any such act.

     Section 9.03 Neither Trustee nor Securities Administrator Liable for
Certificates or Mortgage Loans. The recitals contained herein and in the
Certificates (other than the execution of, and the authentication on the
Certificates) shall be taken as the statements of the Depositor or

                                      -118-

the Master Servicer, as applicable, and neither the Trustee nor the Securities
Administrator assumes responsibility for their correctness. Neither the Trustee
nor the Securities Administrator makes any representations as to the validity or
sufficiency of this Agreement or of the Certificates or any Mortgage Loans save
that the Trustee and the Securities Administrator represent that, assuming due
execution and delivery by the other parties hereto, this Agreement has been duly
authorized, executed and delivered by it and constitutes its legal, valid and
binding obligation, enforceable against it in accordance with its terms,
subject, as to enforcement of remedies, to applicable insolvency, receivership,
moratorium and other laws affecting the rights of creditors generally, and to
general principles of equity and the discretion of the court (regardless of
whether enforcement of such remedies is considered in a proceeding in equity or
at law).

     Neither the Trustee nor the Securities Administrator shall at any time have
any responsibility or liability for or with respect to the legality, validity
and enforceability of any Mortgage or any Mortgage Loan, or the perfection and
priority of any Mortgage or the maintenance of any such perfection and priority
or for or with respect to the sufficiency of the Trust or its ability to
generate the payments to be distributed to Certificateholders under this
Agreement, including, without limitation: the existence, condition and ownership
of any Mortgaged Property; the existence and enforceability of any hazard
insurance thereon (other than if the Trustee shall assume the duties of the
Master Servicer pursuant to Section 8.05 and thereupon only for the acts or
omissions of the Trustee as the successor to the Master Servicer); the validity
of the assignment of any Mortgage Loan to the Trustee or of any intervening
assignment; the completeness of any Mortgage Loan; the performance or
enforcement of any Mortgage Loan (other than if the Trustee shall assume the
duties of the Master Servicer pursuant to Section 8.05 and thereupon only for
the acts or omissions of the Trustee as successor to the Master Servicer); the
compliance by the Depositor or the Master Servicer with any warranty or
representation made under this Agreement or in any related document or the
accuracy of any such warranty or representation; any investment of monies by or
at the direction of the Master Servicer or any loss resulting therefrom, it
being understood that the Trustee and the Securities Administrator shall remain
responsible for any Trust property that it may hold in its individual capacity;
the acts or omissions of any of the Depositor, the Master Servicer (other than
if the Trustee shall assume the duties of the Master Servicer pursuant to
Section 8.05 and thereupon only for the acts or omissions of the Trustee as
successor to the Master Servicer), or any Mortgagor; any action of the Master
Servicer (other than if the Trustee shall assume the duties of the Master
Servicer pursuant to Section 8.05 and thereupon only for the acts or omissions
of the Trustee as successor to the Master Servicer) taken in the name of the
Trust or the Securities Administrator; the failure of the Master Servicer to act
or perform any duties required of it as agent of the Trust or the Securities
Administrator hereunder; or any action by the Trustee or the Securities
Administrator taken at the instruction of the Master Servicer (other than if the
Trustee shall assume the duties of the Master Servicer pursuant to Section 8.05
and thereupon only for the acts or omissions of the Trustee as successor to the
Master Servicer); provided, however, that the foregoing shall not relieve the
Trustee or the Securities Administrator of its obligation to perform its duties
under this Agreement, including, without limitation, the Trustee's review of the
Mortgage Files pursuant to Section 2.02. The Trustee shall file any continuation
statement with respect to any financing statement for which the Trustee is the
secured party in any public office at any time required to maintain the
perfection of any security interest or lien granted to it hereunder.

                                      -119-

     Section 9.04 Trustee and Securities Administrator May Own Certificates.
Each of the Trustee and the Securities Administrator in their individual or any
other capacities may become the owner or pledgee of Certificates with the same
rights it would have if it were not Trustee or the Securities Administrator and
may otherwise deal with the Master Servicer or any of its affiliates with the
same right it would have if it were not the Trustee or the Securities
Administrator.

     Section 9.05 Eligibility Requirements for Trustee and the Securities
Administrator. The Trustee and the Securities Administrator hereunder shall at
all times be (a) an institution the deposits of which are fully insured by the
FDIC and (b) a corporation or banking association organized and doing business
under the laws of the United States of America or of any State, authorized under
such laws to exercise corporate trust powers, having a combined capital and
surplus of not less than $50,000,000.00 and subject to supervision or
examination by Federal or State authority and (c) with respect to every
successor trustee or securities administrator hereunder either an institution
(i) the long-term unsecured debt obligations of which are rated at least "A2" by
Moody's and "A" by Fitch and S&P or (ii) whose serving as Trustee or Securities
Administrator hereunder would not result in the lowering of the ratings
originally assigned to any Class of Certificates. The Trustee shall not be an
affiliate of the Depositor, the Master Servicer or any Servicer. If such
corporation or banking association publishes reports of condition at least
annually, pursuant to law or to the requirements of the aforesaid supervising or
examining authority, then for the purposes of this Section 9.05, the combined
capital and surplus of such corporation or banking association shall be deemed
to be its combined capital and surplus as set forth in its most recent report of
condition so published. The principal office of the Trustee and the Securities
Administrator (other than the initial Trustee or Securities Administrator) shall
be in a state with respect to which an Opinion of Counsel has been delivered to
such Trustee at the time such Trustee or Securities Administrator is appointed
Trustee or Securities Administrator to the effect that the Trust will not be a
taxable entity under the laws of such state. In case at any time the Trustee or
the Securities Administrator shall cease to be eligible in accordance with the
provision of this Section 9.05, the Trustee or the Securities Administrator, as
the case may be, shall resign immediately in the manner and with the effect
specified in Section 9.06.

     The Securities Administrator (i) may not be an originator, the Master
Servicer, Servicer, the Depositor or an affiliate of the Depositor unless the
Securities Administrator is in an institutional trust department, (ii) must be
authorized to exercise corporate trust powers under the laws of its jurisdiction
of organization, and (iii) must be either an institution (a) the long-term
unsecured debt obligations of which are rated at least "A" by S&P and at least
"A2" by Moody's or (b) whose serving as Securities Administrator hereunder would
not result in the lowering of the ratings originally assigned to any Class of
Certificates. If no successor Securities Administrator shall have been appointed
and shall have accepted appointment within 60 days after the Securities
Administrator ceases to be the Securities Administrator pursuant to this Section
9.05, then the Trustee shall perform the duties of the Securities Administrator
pursuant to this Agreement. Notwithstanding the above, the Trustee may, if it
shall be unwilling so to act, or shall, if it is legally unable so to act,
appoint, or petition a court of competent jurisdiction to appoint, an
institution qualified under Section 9.05 hereof as the successor to the
Securities Administrator hereunder in the assumption of all or any part of the
responsibilities, duties or liabilities of a Securities Administrator hereunder;
provided, however, that any such institution appointed as successor Securities
Administrator shall not, as evidenced in writing by each Rating

                                      -120-

Agency, adversely affect the then current rating of any Class of Certificates
immediately prior to the termination of the Securities Administrator. The
Trustee shall notify the Rating Agencies of any change of the Securities
Administrator.

     Section 9.06 Resignation and Removal of Trustee and the Securities
Administrator. The Trustee or the Securities Administrator may at any time
resign and be discharged from the trust hereby created by giving written notice
thereof to the Master Servicer and the Depositor and mailing a copy of such
notice to all Holders of record. The Trustee or the Securities Administrator, as
applicable, shall also mail a copy of such notice of resignation to each Rating
Agency. Upon receiving such notice of resignation, the Depositor shall use its
best efforts to promptly appoint a mutually acceptable successor Trustee or
Securities Administrator, as applicable, by written instrument, in duplicate,
one copy of which instrument shall be delivered to the resigning Trustee or
Securities Administrator, as applicable, and one copy to the successor Trustee
or Securities Administrator, as applicable. If no successor Trustee or
Securities Administrator, as the case may be, shall have been so appointed and
shall have accepted appointment within 30 days after the giving of such notice
of resignation, the resigning Trustee or Securities Administrator may petition
any court of competent jurisdiction for the appointment of a successor Trustee
or Securities Administrator.

     If at any time the Trustee or Securities Administrator shall cease to be
eligible in accordance with the provisions of Section 9.05 and shall fail to
resign after written request therefor by the Master Servicer, or if at any time
the Trustee or the Securities Administrator shall become incapable of acting, or
shall be adjudged a bankrupt or insolvent, or a receiver of the Trustee or the
Securities Administrator or of their respective property shall be appointed, or
any public officer shall take charge or control of the Trustee or the Securities
Administrator or of their respective property or affairs for the purpose of
rehabilitation, conservation or liquidation, or if at any time the Securities
Administrator has failed to duly perform, within the required time period, its
obligations under Section 3.20, Section 3.21 or Section 3.22, then the Master
Servicer may remove the Trustee or the Securities Administrator, as the case may
be, and appoint a successor trustee or securities administrator by written
instrument, in duplicate, one copy of which instrument shall be delivered to the
Trustee or the Securities Administrator, as applicable, so removed and one copy
to the successor.

     The Holders of Certificates evidencing not less than 50% of the Voting
Rights may at any time remove the Trustee or the Securities Administrator by
written instrument or instruments delivered to the Master Servicer and the
Trustee or the Securities Administrator, as applicable; the Master Servicer
shall thereupon use their best efforts to appoint a mutually acceptable
successor Trustee or Securities Administrator, as the case may be, in accordance
with this Section 9.06.

     Any resignation or removal of the Trustee or the Securities Administrator
and appointment of a successor Trustee pursuant to any of the provisions of this
Section 9.06 shall become effective upon acceptance of appointment by the
successor Trustee or Securities Administrator, as the case may be, as provided
in Section 9.07.

     Notwithstanding anything to the contrary contained herein, the Master
Servicer and the Securities Administrator shall at all times be the same Person.

                                      -121-

     Section 9.07 Successor Trustee or Securities Administrator. Any successor
Trustee or successor Securities Administrator appointed as provided in Section
9.06 shall execute, acknowledge and deliver to the Master Servicer and to its
predecessor Trustee or Securities Administrator, as applicable, an instrument
accepting such appointment hereunder, and thereupon the resignation or removal
of the predecessor Trustee or Securities Administrator shall become effective
and such successor Trustee or Securities Administrator, as the case may be,
without any further act, deed or conveyance, shall become fully vested with all
the rights, powers, duties and obligations of its predecessor hereunder, with
like effect as if originally named as Trustee or Securities Administrator, as
applicable, herein. The predecessor Trustee or Securities Administrator shall
duly assign, transfer, deliver and pay over to the successor Trustee or
Securities Administrator, as the case may be, the whole of the Mortgage Files
and related documents and statements held by it hereunder, together with all
instruments of transfer and assignment or other documents properly executed as
may be reasonably required to effect such transfer and such of the records or
copies thereof maintained by the predecessor Trustee or Securities Administrator
in the administration hereof as may be reasonably requested by the successor
Trustee or Securities Administrator, as the case may be, and shall thereupon be
discharged from all duties and responsibilities under this Agreement; provided,
however, that if the predecessor Trustee or Securities Administrator has been
removed pursuant to the third paragraph of Section 9.06, all reasonable expenses
of the predecessor Trustee or Securities Administrator incurred in complying
with this Section 9.07 shall be reimbursed by the Trust.

     No successor Trustee or Securities Administrator shall accept appointment
as provided in this Section 9.07 unless at the time of such appointment such
successor Trustee or Securities Administrator, as the case may be, shall be
eligible under the provisions of Section 9.05.

     Upon acceptance of appointment by a successor Trustee or Securities
Administrator, as applicable, as provided in this Section 9.07, the Master
Servicer shall cooperate to mail notice of the succession of such Trustee or
Securities Administrator, as the case may be, hereunder to all Holders of
Certificates at their addresses as shown in the Certificate Register and to each
Rating Agency. If the Master Servicer fails to mail such notice within ten days
after acceptance of appointment by the successor Trustee or Securities
Administrator, the successor Trustee or Securities Administrator, as the case
may be, shall cause such notice to be mailed at the expense of the Master
Servicer.

     Section 9.08 Merger or Consolidation of Trustee or Securities
Administrator. Any corporation or banking association into which either the
Trustee or the Securities Administrator may be merged or converted or with which
it may be consolidated, or any corporation or banking association resulting from
any merger, conversion or consolidation to which the Trustee or the Securities
Administrator shall be a party, or any corporation or banking association
succeeding to all or substantially all of the corporate trust business of the
Trustee or the Securities Administrator, shall be the successor of the Trustee
or the Securities Administrator, as applicable, hereunder, if such corporation
or banking association is eligible under the provisions of Section 9.05, without
the execution or filing of any paper or any further act on the part of any of
the parties hereto, anything herein to the contrary notwithstanding. In
connection with the succession to the Trustee or the Securities Administrator
under this Agreement by any Person (i) into which the Trustee or the Securities
Administrator may be merged or consolidated, or (ii) which may be appointed as a
successor to the Trustee or the Securities Administrator, the Trustee

                                      -122-

or the Securities Administrator, as the case may be, shall notify the Depositor
of such succession or appointment and shall furnish to the Depositor in writing
and in form and substance reasonably satisfactory to the Depositor, all
information reasonably necessary for the Securities Administrator to accurately
and timely report, pursuant to Section 3.22(d), the event under Item 6.02 of
Form 8-K pursuant to the Exchange Act (if such reports under the Exchange Act
are required to be filed under the Exchange Act).

     Section 9.09 Appointment of Co-Trustee or Separate Trustee. Notwithstanding
any of the provisions hereof, at any time, for the purpose of meeting any legal
requirements of any jurisdiction in which any Mortgaged Property may at the time
be located or for any other reason, the Master Servicer and the Trustee acting
jointly shall have the power and shall execute and deliver all instruments to
appoint one or more Persons approved by the Trustee as co-trustee or separate
trustee of all or any part of the Trust Estate, and to vest in such Person or
Persons, in such capacity, such title to the Trust Estate, or any part thereof,
and, subject to the other provision of this Section 9.09, such powers, duties,
obligations, rights and trusts as the Master Servicer and the Trustee may
consider necessary or desirable. If one or both of the Master Servicer shall not
have joined in such appointment within ten days after the receipt by it of a
request to do so, the Trustee alone shall have the power to make such
appointment. No co-trustee or separate trustee hereunder shall be required to
meet the terms of eligibility as a successor Trustee under Section 9.05 and no
notice to Holders of Certificates of the appointment of co-trustee(s) or
separate trustee(s) shall be required under Section 9.07. The Securities
Administrator shall be responsible for the fees of any co-trustee or separate
trustee appointed hereunder.

     In the case of any appointment of a co-trustee or separate trustee pursuant
to this Section 9.09, all rights, powers, duties and obligations conferred or
imposed upon the Trustee shall be conferred or imposed upon and exercised or
performed by the Trustee and such separate trustee or co-trustee jointly, except
to the extent that under any law of any jurisdiction in which any particular act
or acts are to be performed (whether as Trustee hereunder or as successor to the
Master Servicer hereunder), the Trustee shall be incompetent or unqualified to
perform such act or acts, in which event such rights, powers, duties and
obligations (including the holding of title to the Trust Estate or any portion
thereof in any such jurisdiction) shall be exercised and performed by such
separate trustee or co-trustee at the direction of the Trustee. No trustee
hereunder shall be held personally liable by reason of any act or omission of
any other trustee hereunder; provided, however, that no appointment of a
co-trustee or separate trustee hereunder shall relieve the Trustee of its
obligations hereunder.

     Any notice, request or other writing given to the Trustee shall be deemed
to have been given to each of the then separate trustees and co-trustees, as
effectively as if given to each of them. Every instrument appointing any
separate trustee or co-trustee shall refer to this Agreement and the conditions
of this Article IX. Each separate trustee and co-trustee, upon its acceptance of
the trusts conferred, shall be vested with the estates or property specified in
its instrument of appointment, either jointly with the Trustee or separately, as
may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct
of, affecting the liability of, or affording protection to, the Trustee. Every
such instrument shall be filed with the Trustee.

                                      -123-

     Any separate trustee or co-trustee may, at any time, constitute the
Trustee, its agent or attorney-in-fact, with full power and authority, to the
extent not prohibited by law, to do any lawful act under or in respect of this
Agreement on its behalf and in its name. If any separate trustee or co-trustee
shall become incapable of acting, resign or be removed, or shall be adjudged a
bankrupt or insolvent, or a receiver of its property shall be appointed, or any
public officer shall take charge or control of such trustee or co-trustee or of
its property or affairs for the purpose of rehabilitation, conservation or
liquidation, all of its estates, properties, rights, remedies and trusts shall
vest in and be exercised by the Trustee, to the extent permitted by law, without
the appointment of a new or successor trustee.

     Section 9.10 Authenticating Agents. The Securities Administrator may
appoint one or more authenticating agents ("Authenticating Agents") which shall
be authorized to act on behalf of the Securities Administrator in authenticating
or countersigning Certificates. Initially, the Authenticating Agent shall be
Wells Fargo Bank, N.A. Wherever reference is made in this Agreement to the
authentication or countersigning of Certificates by the Securities Administrator
or the Securities Administrator's certificate of authentication or
countersigning, such reference shall be deemed to include authentication or
countersigning on behalf of the Securities Administrator by an Authenticating
Agent and a certificate of authentication or countersignature executed on behalf
of the Securities Administrator by an Authenticating Agent. Each Authenticating
Agent must be acceptable to the Master Servicer and must be a corporation or
banking association organized and doing business under the laws of the United
States of America or of any State, having a place of business in New York, New
York, having a combined capital and surplus of at least $15,000,000, authorized
under such laws to do a trust business and subject to supervision or examination
by Federal or State authorities.

     Any corporation or banking association into which any Authenticating Agent
may be merged or converted or with which it may be consolidated, or any
corporation or banking association resulting from any merger, conversion or
consolidation to which any Authenticating Agent shall be a party, or any
corporation or banking association succeeding to the corporate agency business
of any Authenticating Agent, shall continue to be the Authenticating Agent
without the execution or filing of any paper or any further act on the part of
the Securities Administrator or the Authenticating Agent.

     Any Authenticating Agent may at any time resign by giving written notice of
resignation to the Securities Administrator and to the Master Servicer. The
Securities Administrator may at any time terminate the agency of any
Authenticating Agent by giving written notice of termination to such
Authenticating Agent and to the Master Servicer. Upon receiving a notice of
resignation or upon such a termination, or in case, at any time any
Authenticating Agent shall cease to be eligible in accordance with the
provisions of this Section 9.10, the Securities Administrator may appoint a
successor Authenticating Agent, shall give written notice of such appointment to
the Master Servicer and shall mail notice of such appointment to all
Certificateholders. Any successor Authenticating Agent upon acceptance of its
appointment hereunder shall become vested with all the rights, powers, duties
and responsibilities of its predecessor hereunder, with like effect as if
originally named as Authenticating Agent.

     Section 9.11 Securities Administrator's Fees and Expenses and Trustee's
Fees and Expenses. The Trustee, as compensation for its services hereunder,
shall be entitled to a fee in

                                      -124-

an amount agreed upon between the Trustee and the Securities Administrator,
payable by the Securities Administrator out of its own funds and not out of any
funds of the Trust Estate. The Securities Administrator shall be entitled to
investment income from amounts on deposit in the Certificate Account as
compensation for its services hereunder. The Trustee and the Securities
Administrator, as the case may be, and any director, officer, employee or agent
of the Trustee or the Securities Administrator, as the case may be, shall be
indemnified and held harmless by the Trust against any claims, damage, loss,
liability or expense (including reasonable attorney's fees) (a) incurred in
connection with or arising from or relating to (i) this Agreement, (ii) the
Certificates, or (iii) the performance of any of the Trustee's or Securities
Administrator's, as the case may be, duties hereunder, other than any claims,
damage, loss, liability or expense incurred by reason of willful misfeasance,
bad faith or gross negligence in the performance of any of the Trustee's or
Securities Administrator's, as the case may be, duties hereunder, (b) resulting
from any tax or information return which was prepared by, or should have been
prepared by, the Master Servicer and (c) arising out of the transfer of any
ERISA-Restricted Certificate or the Residual Certificate not in compliance with
ERISA. Without limiting the foregoing, except as otherwise agreed upon in
writing by the Depositor and the Trustee or the Securities Administrator, and
except for any such expense, disbursement or advance as may arise from the
Trustee's or the Securities Administrator's gross negligence, bad faith or
willful misconduct, the Trust shall reimburse the Trustee and the Securities
Administrator for all reasonable expenses, disbursements and advances incurred
or made by the Trustee or the Securities Administrator in accordance with any of
the provisions of this Agreement to the extent permitted by Treasury Regulations
Section 1.860G-1(b)(3)(ii) and (iii). Except as otherwise provided herein,
neither the Trustee nor the Securities Administrator shall be entitled to
payment or reimbursement for any routine ongoing expenses incurred by the
Trustee or the Securities Administrator, as applicable, in the ordinary course
of its duties as Trustee or Securities Administrator, Certificate Registrar or
Paying Agent hereunder or for any other expenses. The provisions of this Section
9.11 shall survive the termination of this Agreement or the resignation or
removal of the Trustee or the Securities Administrator, as applicable,
hereunder.

     Section 9.12 Appointment of Custodian. The Trustee may at any time on or
after the Closing Date, with the consent of the Depositor and the Master
Servicer, appoint one or more Custodians to hold all or a portion of the
Mortgage Files as agent for the Trustee, by entering into a custodial agreement
in a form acceptable to the Depositor and the Master Servicer. Subject to this
Article IX, the Trustee agrees to enforce the terms and provisions thereof
against the Custodian for the benefit of the Certificateholders. Each Custodian
shall be a depository institution subject to supervision by federal or state
authority, shall have a combined capital and surplus of at least $10,000,000 and
shall be qualified to do business in the jurisdiction in which it holds any
Mortgage File.

     Each Custodian shall indemnify the Depositor, the Sponsor, the Trustee, the
Master Servicer, the Securities Administrator and any of their respective
directors, officers, employees or agents and hold them harmless against any and
all claims, losses, damages, penalties, fines, forfeitures, reasonable and
necessary legal fees and related costs, judgments, and any other reasonable
costs, fees and expenses that any of them may sustain in any way related to the
failure of a Custodian to perform any of its obligations under Section 3.21.
Notwithstanding the foregoing, in no event shall a Custodian be liable for any
consequential, indirect or punitive damages pursuant to this Section 9.12.

                                      -125-

     Section 9.13 Paying Agents. The Securities Administrator may appoint one or
more Paying Agents (each, a "Paying Agent") which shall be authorized to act on
behalf of the Securities Administrator in making withdrawals from the
Certificate Account and distributions to Certificateholders as provided in
Section 3.09, Section 3.11 and Section 5.02. Wherever reference is made in this
Agreement to the withdrawal from the Certificate Account by the Securities
Administrator, such reference shall be deemed to include such a withdrawal on
behalf of the Securities Administrator by a Paying Agent. Initially, the Paying
Agent shall be Wells Fargo Bank, N.A. Whenever reference is made in this
Agreement to a distribution by the Securities Administrator or the furnishing of
a statement by the Securities Administrator, such reference shall be deemed to
include such a distribution or furnishing on behalf of the Securities
Administrator by a Paying Agent. Each Paying Agent shall provide to the
Securities Administrator such information concerning the Certificate Account as
the Securities Administrator shall request from time to time. Each Paying Agent
must be reasonably acceptable to the Master Servicer and must be a corporation
or banking association organized and doing business under the laws of the United
States of America or of any state, having (except in the case of the Trustee or
the Securities Administrator) a principal office and place of business in New
York, New York, having a combined capital and surplus of at least $15,000,000,
authorized under such laws to do a trust business and subject to supervision or
examination by federal or state authorities. Any fees and expenses (but not
including any indemnity payments) of a Paying Agent appointed pursuant to this
Agreement shall be payable by the Securities Administrator out of its own funds
and not out of any funds in the Trust Estate.

     Any corporation into which any Paying Agent may be merged or converted or
with which it may be consolidated, or any corporation resulting from any merger,
conversion or consolidation to which any Paying Agent shall be a party, or any
corporation succeeding to the corporate agency business of any Paying Agent,
shall continue to be the Paying Agent provided that such corporation after the
consummation of such merger, conversion, consolidation or succession meets the
eligibility requirements of this Section 9.13.

     Any Paying Agent may at any time resign by giving written notice of
resignation to the Trustee, the Securities Administrator and to the Master
Servicer; provided that the Paying Agent has returned to the Certificate Account
or otherwise accounted, to the reasonable satisfaction of the Securities
Administrator, for all amounts it has withdrawn from the Certificate Account.
The Securities Administrator may, upon prior written approval of the Master
Servicer, at any time terminate the agency of any Paying Agent by giving written
notice of termination to such Paying Agent and to the Master Servicer. Upon
receiving a notice of resignation or upon such a termination, or in case at any
time any Paying Agent shall cease to be eligible in accordance with the
provisions of the first paragraph of this Section 9.13, the Securities
Administrator may appoint, upon prior written approval of the Master Servicer, a
successor Paying Agent, shall give written notice of such appointment to the
Master Servicer and shall mail notice of such appointment to all
Certificateholders. Any successor Paying Agent upon acceptance of its
appointment hereunder shall become vested with all rights, powers, duties and
responsibilities of its predecessor hereunder, with like effect as if originally
named as Paying Agent. The Securities Administrator shall remain liable for any
duties and obligations assumed by its appointed Paying Agent.

                                      -126-

     Section 9.14 Limitation of Liability. The Certificates are executed by the
Securities Administrator, not in its individual capacity but solely as
Securities Administrator of the Trust, in the exercise of the powers and
authority conferred and vested in it by this Agreement. Each of the undertakings
and agreements made on the part of the Securities Administrator in the
Certificates is made and intended not as a personal undertaking or agreement by
the Securities Administrator but is made and intended for the purpose of binding
only the Trust.

     Section 9.15 Trustee or Securities Administrator May Enforce Claims Without
Possession of Certificates. All rights of action and claims under this Agreement
or the Certificates may be prosecuted and enforced by the Trustee or the
Securities Administrator without the possession of any of the Certificates or
the production thereof in any proceeding relating thereto, and such preceding
instituted by the Trustee or the Securities Administrator shall be brought in
its own name or in its capacity as Trustee or Securities Administrator. Any
recovery of judgment shall, after provision for the payment of the reasonable
compensation, expenses, disbursement and advances of the Trustee, its agents and
counsel, be for the ratable benefit of the Certificateholders in respect of
which such judgment has been recovered.

     Section 9.16 Suits for Enforcement. In case an Event of Default or other
default by the Master Servicer or the Depositor hereunder shall occur and be
continuing, the Trustee, in its discretion, may proceed to protect and enforce
its rights and the rights of the Holders of Certificates under this Agreement by
a suit, action or proceeding in equity or at law or otherwise, whether for the
specific performance of any covenant or agreement contained in this Agreement or
in aid of the execution of any power granted in this Agreement or for the
enforcement of any other legal, equitable or other remedy, as the Trustee, being
advised by counsel, shall deem most effectual to protect and enforce any of the
rights of the Trustee and the Certificateholders.

     Section 9.17 Waiver of Bond Requirement. The Trustee shall be relieved of,
and each Certificateholder hereby waives, any requirement of any jurisdiction in
which the Trust, or any part thereof, may be located that the Trustee post a
bond or other surety with any court, agency or body whatsoever.

     Section 9.18 Waiver of Inventory, Accounting and Appraisal Requirement. The
Trustee shall be relieved of, and each Certificateholder hereby waives, any
requirement of any jurisdiction in which the Trust, or any part thereof, may be
located that the Trustee file any inventory, accounting or appraisal of the
Trust with any court, agency or body at any time or in any manner whatsoever.

                                    ARTICLE X

                                   TERMINATION

     Section 10.01 Termination upon Purchase or Liquidation of All Mortgage
Loans. Subject to Section 10.02, the respective obligations and responsibilities
of the Depositor, the Master Servicer, the Securities Administrator and the
Trustee created hereby (other than the obligation of the Securities
Administrator to make certain payments to Certificateholders after the Final
Distribution Date and to send certain notices as hereinafter set forth and the
obligations of the Securities Administrator pursuant to Sections 5.04(b) and
5.05(b)) shall terminate upon the

                                      -127-

last action required to be taken by the Securities Administrator on the Final
Distribution Date pursuant to this Article X following the earlier of (a) the
purchase of all the Mortgage Loans and all REO Property remaining in the Trust
Estate by the Master Servicer at a price equal to the sum of (i) 100% of the
Stated Principal Balance of each Mortgage Loan (other than any Mortgage Loan as
to which REO Property has been acquired and whose fair market value is included
pursuant to clause (ii) below) and (ii) the fair market value of such REO
Property, plus any Class Unpaid Interest Shortfall for any Class of Certificates
as well as any accrued and unpaid interest through the last day of the month of
such purchase at the related Mortgage Interest Rate on the Stated Principal
Balance of each Mortgage Loan (including any Mortgage Loan as to which REO
Property has been acquired) or (b) the final payment or other liquidation (or
any advance with respect thereto) of the last Mortgage Loan remaining in the
Trust Estate and the disposition of all REO Property.

     The Master Servicer may not exercise its purchase option for the Mortgage
Loans until all Reimbursement Amounts for the Mortgage Loans have been paid. The
Securities Administrator shall notify the Sponsor, upon notice of Master
Servicer's intent to exercise its purchase option of any Reimbursement Amount
outstanding.

     Regardless of the foregoing, in no event shall the Trust created hereby
continue beyond the expiration of 21 years from the death of the last survivor
of the descendants of Joseph P. Kennedy, the late ambassador of the United
States to the Court of St. James, living on the date hereof.

     The right of the Master Servicer to purchase the Mortgage Loans is
conditioned upon the aggregate Stated Principal Balance of the Mortgage Loans
being less than 1% of the aggregate Cut-off Date Principal Balance of the
Mortgage Loans. In addition, the right of the Master Servicer to purchase the
Mortgage Loans is conditioned on the sum of clause (a)(i) and (ii) of the first
paragraph of this Section 10.01 being less than or equal to the aggregate fair
market value of the Mortgage Loans being purchased (other than any Mortgage Loan
as to which REO Property has been acquired) and the REO Properties; provided,
however, that this sentence shall not apply to any purchase by the Master
Servicer if, at the time of purchase, the Master Servicer is no longer subject
to regulation by the Office of the Comptroller of the Currency, the FDIC, the
Federal Reserve or the OTS. Fair market value for the purposes of the previous
sentence and the first paragraph of this Section 10.01 will be determined by the
Master Servicer exercising its purchase right as of the close of business on the
third (3rd) Business Day next preceding the date upon which such notice of the
exercise of any purchase right is furnished to Certificateholders pursuant to
the sixth paragraph of this Section 10.01.

     If such right is exercised by the Master Servicer, the Trustee or a
Custodian on its behalf shall, promptly following receipt by the Trustee of
written confirmation from the Securities Administrator of payment of the
purchase price, release to the Master Servicer or its respective designees, the
Mortgage Files pertaining to such Mortgage Loans being purchased. The Master
Servicer's right, title and interest in and to such purchased Mortgage Loans and
the related Mortgage Files shall be subject to the servicing rights of the
Servicers pursuant to the related Servicing Agreements.

                                      -128-

     Notice of the exercise of any purchase option by the Master Servicer and
notice of any termination of the Trust or any portion of the Trust, specifying
the Final Distribution Date or the applicable Distribution Date, upon which the
applicable Certificateholders may surrender their Certificates to the Securities
Administrator for payment of the final distribution and for cancellation, shall
be given promptly by the Securities Administrator by letter to the
Certificateholders mailed not earlier than the 10th day and not later than the
15th day of the month next preceding the month of such final distribution
specifying (1) the Final Distribution Date or the applicable Distribution Date,
upon which final payment of the Certificates will be made upon presentation and
surrender of such Certificates at the office or agency of the Securities
Administrator therein designated, (2) the amount of any such final payment and
(3) that the Record Date otherwise applicable to such Distribution Date is not
applicable, payments being made only upon presentation and surrender of the
applicable Certificates at the office or agency of the Securities Administrator
therein specified. Upon the exercise of its purchase option, the Master Servicer
shall remit to the Securities Administrator for deposit to the Certificate
Account on or before the Final Distribution Date or the applicable Distribution
Date, in immediately available funds an amount equal to the amount necessary to
make the amount, if any, on deposit in the Certificate Account on such Final
Distribution Date or Distribution Date, as applicable, equal to the purchase
price for the related assets of the Trust Estate or any portion of the Trust
Estate computed as above provided together with a statement as to the amount to
be distributed on each applicable Class of Certificates pursuant to the next
succeeding paragraph.

     Upon presentation and surrender of the applicable Certificates, the
Securities Administrator shall cause to be distributed to Certificateholders of
each Class, in the order set forth in Section 5.02 hereof, on the Final
Distribution Date or the applicable Distribution Date, and in proportion to
their respective Percentage Interests, with respect to Certificateholders of the
same Class, an amount equal to (I) as to each such Class of Certificates, the
Class Certificate Balance thereof plus (a) accrued interest thereon in the case
of an interest-bearing Certificate and (b) the applicable PO Deferred Amount and
(II) as to the Class 1-A-R Certificate, the amounts, if any, which remain on
deposit (or are deemed to remain on deposit) in the Upper-Tier Certificate
Sub-Account, the Intermediate Lower-Tier Certificate Sub-Account and the
Certificate Account, respectively (other than the amounts retained to meet
claims) after application pursuant to clause (I) above. An amount shall be
distributed in respect of interest and principal to the Uncertificated
Lower-Tier Interests and the Uncertificated Intermediate Lower-Tier Interests in
the same manner as principal and interest are distributed to the Uncertificated
Lower-Tier Interests and the Uncertificated Intermediate Lower-Tier Interests,
respectively, as provided in Section 5.02.

     If the applicable Certificateholders do not surrender their Certificates
for final payment and cancellation on or before the Final Distribution Date, the
Securities Administrator shall on such date cause all funds in the Certificate
Account not distributed in final distribution to such Certificateholders of such
Group to continue to be held by the Securities Administrator in an Eligible
Account for the benefit of such Certificateholders and the Securities
Administrator shall give a second written notice to the remaining applicable
Certificateholders to surrender their Certificates for cancellation and receive
a final distribution with respect thereto. If within one (1) year after the
second notice all the applicable Certificates shall not have been surrendered
for cancellation, the Securities Administrator may take appropriate steps, or
may appoint an agent to take appropriate steps, to contact the remaining
applicable Certificateholders concerning

                                      -129-

surrender of their Certificates, and the cost thereof shall be paid out of the
funds on deposit in such Eligible Account.

     Section 10.02 Additional Termination Requirements. (a) If the Master
Servicer exercises its purchase option as provided in Section 10.01, the Trust
shall be terminated in accordance with the following additional requirements,
unless the Securities Administrator and the Trustee have received an Opinion of
Counsel to the effect that the failure of the Trust to comply with the
requirements of this Section 10.02 will not (i) result in the imposition of
taxes on "prohibited transactions" or "prohibited contributions" in respect of
any REMIC created hereunder as defined in the REMIC Provisions, or (ii) cause
any REMIC created hereunder to fail to qualify as a REMIC at any time that any
related Certificates are outstanding:

          (i) The Securities Administrator shall specify the first day in the
     90-day liquidation period in a statement attached to each REMIC's final tax
     return pursuant to Treasury Regulation Section 1.860F-1 and shall satisfy
     all requirements of a qualified liquidation under Section 860F of the Code
     and any regulations thereunder;

          (ii) During such 90-day liquidation period, and at or prior to the
     time of making of the final payment on the Certificates, the Securities
     Administrator shall sell all of the assets of the Trust Estate to the
     Master Servicer for cash; and

          (iii) At the time of the making of the final payment on the
     Certificates, the Securities Administrator shall distribute or credit, or
     cause to be distributed or credited to the Holder of the Residual
     Certificate all cash on hand in the Trust Estate (other than cash retained
     to meet claims), and the Trust shall terminate at that time.

     (b) By its acceptance of the Residual Certificate, the Holder thereof
hereby agree to take such other action in connection with such plan of complete
liquidation as may be reasonably requested by the Depositor, the Trustee or the
Securities Administrator and if such action is not requested, is deemed to adopt
such a plan of complete liquidation when the Mortgage Loans are purchased
pursuant to Section 10.01.

                                   ARTICLE XI

                            MISCELLANEOUS PROVISIONS

     Section 11.01 Amendment. This Agreement may be amended from time to time by
the Depositor, the Master Servicer, the Securities Administrator and the
Trustee, without the consent of any of the Certificateholders, (i) to cure any
ambiguity or mistake, (ii) to correct or supplement any provisions herein or
therein which may be inconsistent with any other provisions of this Agreement,
any amendment to this Agreement or the related Prospectus Supplement, (iii) to
modify, eliminate or add to any of its provisions to such extent as shall be
necessary to maintain the qualification of any REMIC created hereunder as a
REMIC or the Exchangeable Certificates Grantor Trust as a grantor trust within
the meaning of the Code and related regulations at all times that any related
Certificates are outstanding or to avoid or minimize the risk of the imposition
of any tax on any REMIC or the Exchangeable Certificates Grantor Trust created
hereunder pursuant to the Code that would be a claim against the Trust Estate,
provided

                                      -130-

that (a) the Trustee and the Securities Administrator have received an Opinion
of Counsel to the effect that such action is necessary or desirable to maintain
such qualification or to avoid or minimize the risk of the imposition of any
such tax and (b) such action shall not, as evidenced by such Opinion of Counsel,
adversely affect in any material respect the interests of any Certificateholder,
(iv) to change the timing and/or nature of deposits into the Certificate Account
provided that (a) such change shall not, as evidenced by an Opinion of Counsel,
adversely affect in any material respect the interests of any Certificateholder
and (b) such change shall not adversely affect the then-current rating of the
Senior Certificates, Class M, Class B-1, Class B-2, Class B-3, Class B-4, Class
B-5 Certificates as evidenced by a letter from each Rating Agency rating such
Certificates to such effect and (v) to make any other provisions with respect to
matters or questions arising under this Agreement which shall not be materially
inconsistent with the provisions of this Agreement, provided that such action
shall not, as evidenced by an Opinion of Counsel, adversely affect in any
material respect the interests of any Certificateholder, provided that the
amendment shall not be deemed to adversely affect in any material respect the
interests of the Certificateholders and no Opinion of Counsel to that effect
shall be required if the Person requesting the amendment obtains a letter from
each Rating Agency stating that the amendment would not result in the
downgrading or withdrawal of the respective ratings then assigned to the
Certificates. Notwithstanding any contrary provision of this Agreement, the
Trustee shall not consent to any amendment to this Agreement pursuant to clause
(i) through (v) above unless it shall have first received an Opinion of Counsel
to the effect that such amendment shall not cause the imposition of any tax on
any REMIC or the Exchangeable Certificates Grantor Trust created hereunder or
the Certificateholders or cause any REMIC created hereunder to fail to qualify
as a REMIC or cause the Exchangeable Certificates Grantor Trust to fail to
qualify as a grantor trust within the meaning of the Code and related
regulations at any time that any Certificates are outstanding.

     This Agreement may also be amended from time to time by the Depositor, the
Master Servicer, the Securities Administrator and the Trustee and the Holders of
Certificates of each Class of Certificates which is affected by such amendment,
evidencing, as to each such Class of Certificates, Percentage Interests
aggregating not less than 66-2/3%, for the purpose of adding any provisions to
or changing in any manner or eliminating any of the provisions of this Agreement
or of modifying in any manner the rights of the Holders of such Certificates;
provided, however, that no such amendment shall (A) reduce in any manner the
amount of, or delay the timing of, collections of payments on Mortgage Loans or
distributions which are required to be made on any Certificate without the
consent of the Holder of such Certificate or (B) reduce the aforesaid percentage
required to consent to any such amendment, without the consent of the Holders of
all Certificates then Outstanding.

     Prior to the solicitation of consent of Certificateholders in connection
with any such amendment, the party seeking such amendment shall furnish the
Trustee and the Securities Administrator with an Opinion of Counsel stating that
such amendment would adversely affect the qualification of any REMIC created
hereunder or of the Exchangeable Certificates Grantor Trust as a REMIC or cause
a tax on any REMIC created hereunder or on the Exchangeable Certificates Grantor
Trust and notice of the conclusion expressed in such Opinion of Counsel shall be
included with any such solicitation.

                                      -131-

     Promptly after the execution of any such amendment or consent the
Securities Administrator shall furnish written notification of the substance of
or a copy of such amendment to each Certificateholder and to each Rating Agency.

     It shall not be necessary for the consent of Certificateholders under this
Section 11.01 to approve the particular form of any proposed amendment, but it
shall be sufficient if such consent shall approve the substance thereof. The
manner of obtaining such consents and of evidencing the authorization of the
execution thereof by Certificateholders shall be subject to such reasonable
requirements as the Securities Administrator may prescribe.

     Prior to the execution of any amendment to this Agreement, each of the
Trustee and the Securities Administrator shall receive and be entitled to
conclusively rely on any Opinion of Counsel (at the expense of the Person
seeking such amendment) stating that such amendment is authorized and permitted
by this Agreement. The Trustee and the Securities Administrator may, but shall
not be obligated to, enter into any such amendment which affects the Trustee's
or the Securities Administrator's own rights, duties or immunities under this
Agreement.

     Section 11.02 Recordation of Agreement; Counterparts. This Agreement is
subject to recordation in all appropriate public offices for real property
records in all the counties or other comparable jurisdictions in which any or
all of the properties subject to the Mortgages are situated, and in any other
appropriate public recording office or elsewhere, such recordation to be
effected by the Securities Administrator at its expense at the direction of
Holders of Certificates evidencing not less than 50% of all Voting Rights, but
only upon delivery to the Securities Administrator at the expense of the
requesting Certificateholders of an Opinion of Counsel to the effect that such
recordation materially and beneficially affects the interests of
Certificateholders.

     For the purpose of facilitating the recordation of this Agreement as herein
provided and for other purposes, this Agreement may be executed simultaneously
in any number of counterparts, each of which counterparts shall be deemed to be
an original, and such counterparts shall constitute but one and the same
instrument.

     Section 11.03 Limitation on Rights of Certificateholders. The death or
incapacity of any Certificateholder shall not operate to terminate this
Agreement or the Trust, nor entitle such Certificateholder's legal
representatives or heirs to claim an accounting or to take any action or
commence any proceeding in any court for a partition or winding up of the Trust,
nor otherwise affect the rights, obligations and liabilities of the parties
hereto or any of them.

     No Certificateholder shall have any right to vote (except as provided
herein) or in any manner otherwise control the operation and management of the
Trust, or the obligations of the parties hereto, nor shall anything herein set
forth, or contained in the terms of the Certificates, be construed so as to
constitute the Certificateholders from time to time as partners or members of an
association; nor shall any Certificateholder be under any liability to any third
person by reason of any action taken by the parties to this Agreement pursuant
to any provision hereof.

     No Certificateholder shall have any right by virtue or by availing itself
of any provisions of this Agreement to institute any suit, action or proceeding
in equity or at law upon or under or with respect to this Agreement, unless such
Holder previously shall have given to the Securities

                                      -132-

Administrator a written notice of default and of the continuance thereof, as
provided herein, and unless also the Holders of Certificates evidencing
Percentage Interests aggregating not less than 25% of each Class of Certificates
affected thereby shall have made written request upon the Securities
Administrator to institute such action, suit or proceeding in its own name as
Securities Administrator hereunder and shall have offered to the Securities
Administrator such reasonable indemnity as it may require against the costs,
expenses and liabilities to be incurred therein or thereby, and the Securities
Administrator, for 60 days after its receipt of such notice, request and offer
of indemnity, shall have neglected or refused to institute any such action, suit
or proceeding; it being understood and intended, and being expressly covenanted
by each Certificateholder with every other Certificateholder and the Securities
Administrator, that no one or more Holders of Certificates shall have any right
in any manner whatever by virtue or by availing itself or themselves of any
provisions of this Agreement to affect, disturb or prejudice the rights of the
Holders of any other of the Certificates, or to obtain or seek to obtain
priority over or preference to any other such Holder, or to enforce any right
under this Agreement, except in the manner herein provided and for the equal,
ratable and common benefit of all Certificateholders. For the protection and
enforcement of the provisions of this Section 11.03, each and every
Certificateholder and the Securities Administrator shall be entitled to such
relief as can be given either at law or in equity.

     Section 11.04 Governing Law. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT APPLICATION OF THE
CONFLICTS OF LAWS PROVISIONS THEREOF (INCLUDING SECTION 5-1401 OF THE GENERAL
OBLIGATIONS LAW), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

     With respect to any claim arising out of this Agreement, each party
irrevocably submits to the exclusive jurisdiction of the courts of the State of
New York and the United States District Court located in the Borough of
Manhattan in The City of New York, and each party irrevocably waives any
objection which it may have at any time to the laying of venue of any suit,
action or proceeding arising out of or relating hereto brought in any such
courts, irrevocably waives any claim that any such suit, action or proceeding
brought in any such court has been brought in any inconvenient forum and further
irrevocably waives the right to object, with respect to such claim, suit, action
or proceeding brought in any such court, that such court does not have
jurisdiction over such party, provided that service of process has been made by
any lawful means.

     Section 11.05 Notices. All demands, notices, instructions, directions,
requests and communications required or permitted to be delivered hereunder
shall be in writing and shall be deemed to have been duly given if personally
delivered at or mailed by certified mail, return receipt requested, (provided,
however, that notices to the Securities Administrator may be delivered by
facsimile and shall be deemed effective upon receipt) to (a) in the case of the
Depositor, Banc of America Funding Corporation, 214 North Tryon Street,
Charlotte, North Carolina 28255, Attention: General Counsel and Chief Financial
Officer, (b) in the case of the Master Servicer, CitiMortgage, Inc., 4000 Regent
Blvd., Irving, Texas 75063, Attention: Master Servicing Compliance, (c) in the
case of the Securities Administrator, Wells Fargo Bank, N.A., P.O. Box 98,
Columbia, Maryland 21046, Attention: BAFC, Series 2006-6, and for overnight
delivery purposes, Wells Fargo Bank, N.A., 9062 Old Annapolis Road, Columbia,
Maryland

                                      -133-

21045-1951, Attention: BAFC, Series 2006-6, with a copy to Wells Fargo Bank,
N.A., Sixth and Marquette Avenue, Minneapolis, Minnesota, 55479, Attention:
BAFC, Series 2006-6, (d) in the case of the Trustee, U.S. Bank National
Association, 209 South LaSalle Street, Suite 300, Chicago, Illinois 60604,
Attention: Corporate Trust Services, BAFC, Series 2006-6, Attention: Structured
Finance Services, BAFC 2006-6, (e) in the case of Fitch, Fitch Ratings, One
State Street Plaza, New York, New York 10004, Attention: Residential Mortgage
Surveillance Group; (f) in the case of Moody's, Moody's Investors Service, Inc.,
99 Church Street, New York, New York 10004, Attn: Residential Mortgage
Surveillance Manager; and (g) in the case of S&P, Standard & Poor's, a division
of The McGraw-Hill Companies, Inc., 55 Water Street, New York, New York 10041,
Attention: Residential Mortgage Surveillance Group or, as to each party, at such
other address as shall be designated by such party in a written notice to each
other party. Any notice required or permitted to be mailed to a
Certificateholder shall be given by first class mail, postage prepaid, at the
address of such Holder as shown in the Certificate Register. Any notice to a
Certificateholder so mailed within the time prescribed in this Agreement shall
be conclusively presumed to have been duly given, whether or not the
Certificateholder receives such notice.

     Section 11.06 Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement or of the Certificates
or the rights of the Holders thereof.

     Section 11.07 Certificates Nonassessable and Fully Paid. It is the
intention of the Securities Administrator that Certificateholders shall not be
personally liable for obligations of the Trust Estate, that the beneficial
ownership interests represented by the Certificates shall be nonassessable for
any losses or expenses of the Trust Estate or for any reason whatsoever, and
that Certificates upon execution, authentication and delivery thereof by the
Securities Administrator pursuant to Section 6.01 are and shall be deemed fully
paid.

     Section 11.08 Access to List of Certificateholders. The Certificate
Registrar will furnish or cause to be furnished to the Trustee and the
Securities Administrator, within 15 days after the receipt of a request by the
Trustee and/or the Securities Administrator in writing, a list, in such form as
the Trustee and/or the Securities Administrator may reasonably require, of the
names and addresses of the Certificateholders as of the most recent Record Date
for payment of distributions to Certificateholders.

     If three or more Certificateholders apply in writing to the Securities
Administrator, and such application states that the applicants desire to
communicate with other Certificateholders with respect to their rights under
this Agreement or under the Certificates and is accompanied by a copy of the
communication which such applicants propose to transmit, then the Securities
Administrator shall, within five (5) Business Days after the receipt of such
application, afford such applicants access during normal business hours to the
most recent list of Certificateholders held by the Securities Administrator. If
such a list is as of a date more than 90 days prior to the date of receipt of
such applicants' request, the Securities Administrator shall promptly request

                                      -134-

from the Certificate Registrar a current list as provided above, and shall
afford such applicants access to such list promptly upon receipt.

     Every Certificateholder, by receiving and holding such list, agrees with
the Certificate Registrar and the Securities Administrator that neither the
Certificate Registrar nor the Securities Administrator shall be held accountable
by reason of the disclosure of any such information as to the names and
addresses of the Certificateholders hereunder, regardless of the source from
which such information was derived.

     Section 11.09 Recharacterization. The parties to this Agreement intend the
conveyance by the Depositor to the Trustee of all of its right, title and
interest in and to the Mortgage Loans and the related Mortgage Files, including
all interest and principal received on or with respect to the Mortgage Loans
(other than payments of principal and interest due and payable on the Mortgage
Loans on or before the Cut-off Date) and the Depositor's rights under the
Mortgage Loan Purchase Agreement, including the rights of the Depositor as
assignee of the Sponsor with respect to the Sponsor's rights under the Servicing
Agreements pursuant to this Agreement to constitute a purchase and sale and not
a loan. Notwithstanding the foregoing, to the extent that such conveyance is
held not to constitute a sale under applicable law, it is intended that this
Agreement shall constitute a security agreement under applicable law and that
the Depositor shall be deemed to have granted to the Trustee a first priority
security interest in all of the Depositor's right, title and interest in and to
the Mortgage Loans.

     Section 11.10 Regulation AB Compliance; Intent of the Parties;
Reasonableness. The parties hereto acknowledge that interpretations of the
requirements of Regulation AB may change over time, whether due to interpretive
guidance provided by the Commission or its staff, consensus among participants
in the asset-backed securities markets, advice of counsel, or otherwise, and
agree to use its commercially reasonable efforts to comply with requests made by
the Depositor in good faith for delivery of information under these provisions
on the basis of evolving interpretations of Regulation AB. In connection with
the Trust, the Master Servicer, the Securities Administrator, the Trustee and
the Custodian shall cooperate fully with the Depositor to deliver to the
Depositor (including its assignees or designees), any and all statements,
reports, certifications, records and any other information available to such
party and reasonably necessary in the good faith determination of the Depositor
to permit the Depositor to comply with the provisions of Regulation AB, together
with such disclosures relating to the Master Servicer, the Securities
Administrator, the Trustee and the Custodian, as applicable, reasonably believed
by the Depositor to be necessary in order to effect such compliance.

                                      -135-

     IN WITNESS WHEREOF, the Depositor, the Master Servicer, the Securities
Administrator and the Trustee have caused this Agreement to be duly executed by
their respective officers thereunto duly authorized to be hereunto affixed, all
as of the day and year first above written.

                                        BANC OF AMERICA FUNDING
                                        CORPORATION, as Depositor

                                        By: /s/ Scott Evans
                                            ------------------------------------
                                            Name: Scott Evans
                                            Title: Senior Vice President

                                        CITIMORTGAGE, INC., as Master Servicer

                                        By: /s/ Tommy Harris
                                            ------------------------------------
                                            Name: Tommy Harris
                                            Title: Senior Vice President

                                        WELLS FARGO BANK, N.A., as Securities
                                        Administrator

                                        By: /s/ Peter A. Gobell
                                            ------------------------------------
                                            Name: Peter A. Gobell
                                            Title: Vice President

                                        U.S. BANK NATIONAL ASSOCIATION, as
                                        Trustee

                                        By: /s/ Melissa A. Rosal
                                            ------------------------------------
                                            Name: Melissa A. Rosal
                                            Title:Vice President

             [Signature Page to the Pooling and Servicing Agreement]

                                      -136-

STATE OF Maryland)
                 ) ss.:
COUNTY Howard    )
                 )

     On the 28th day of September, 2006, before me, a notary public in and for
the State of Maryland, personally appeared Peter A. Gobell, known to me
who, being by me duly sworn, did depose and say that s/he is a Vice President
of Wells Fargo Bank, N.A., a national banking association, one of the parties
that executed the foregoing instrument; and that s/he signed her/his name
thereto by order of the Board of Directors of such association.

                                        /s/ Graham M. Oglesby
                                        ----------------------------------------
                                                      Notary Public

[Notarial Seal]

My commission expires January 7, 2009.

              [Notary Page to the Pooling and Servicing Agreement]

                                      -137-

STATE OF NORTH CAROLINA)
                       ) ss.:
COUNTY OF MECKLENBURG  )
                       )

     On the 28th day of September, 2006, before me, a notary public in and for
the State of North Carolina, personally appeared Scott Evans, known to me
who, being by me duly sworn, did depose and say that s/he is a Vice President of
Banc of America Funding Corporation, a Delaware corporation, one of the parties
that executed the foregoing instrument; and that s/he signed her/his name
thereto by order of the Board of Directors of such corporation.

                                        /s/ E. Blair Autrey
                                        ----------------------------------------
                                                      Notary Public

[Notarial Seal]

My commission expires October 4, 2010.

              [Notary Page to the Pooling and Servicing Agreement]

                                      -138-

STATE OF Illinois)
                 ) ss.:
COUNTY OF Cook   )
                 )

     On the 28th day of September, 2006, before me, a notary public in and for
the State of Illinois, personally appeared Melissa A. Rosal, known to me who,
being by me duly sworn, did depose and say that s/he is a Vice President of U.S.
Bank National Association, a national banking association, one of the parties
that executed the foregoing instrument; and that s/he signed her/his name
thereto by order of the Board of Directors of such association.

                                        /s/ Patricia M. Child
                                        ----------------------------------------
                                                      Notary Public

[Notarial Seal]

My commission expires October 20, 2007.

              [Notary Page to the Pooling and Servicing Agreement]

                                      -139-

STATE OF Texas  )
                ) ss.:
COUNTY OF Dallas)
                )

     On the 28th day of September, 2006, before me, a notary public in and for
the State of Texas, personally appeared Tommy Harris, known to me
who, being by me duly sworn, did depose and say that s/he is a
Senior Vice President of CitiMortgage, Inc., a New York corporation, one of the
parties that executed the foregoing instrument; and that s/he signed her/his
name thereto by order of the Board of Directors of such corporation.

                                         /s/ Glenda Stevens
                                        ----------------------------------------
                                                      Notary Public

[Notarial Seal]

My commission expires May 15, 2008.

              [Notary Page to the Pooling and Servicing Agreement]

                                      -140-

                                  EXHIBIT A-1AR

                    [FORM OF FACE OF CLASS 1-A-R CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-R

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL
INTEREST" IN MULTIPLE "REAL ESTATE MORTGAGE INVESTMENT CONDUITS," AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED (THE "CODE").

THIS CLASS 1-A-R CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN OR ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"), THE CODE OR ANY FEDERAL, STATE OR LOCAL LAW WHICH IS SIMILAR
TO ERISA OR THE CODE (COLLECTIVELY, A "PLAN"), OR A PERSON ACTING ON BEHALF OF
OR INVESTING ASSETS OF A PLAN.

TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN TAX RELATED TRANSFER
RESTRICTIONS DESCRIBED HEREIN AND IN THE POOLING AND SERVICING AGREEMENT. ANY
ATTEMPTED OR PURPORTED TRANSFER OF THIS CLASS 1-A-R CERTIFICATE IN VIOLATION OF
SUCH RESTRICTIONS SHALL BE ABSOLUTELY NULL AND VOID AND SHALL VEST NO RIGHTS IN
THE PURPORTED TRANSFEREE.

                                     A-1AR-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-R

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $100.00

Initial Class Certificate
Balance of this Class:      $100.00

Pass-Through Rate:          6.250%

CUSIP No.:                  05950R BA 6

ISIN No.:                   US05950RBA68

     THIS CERTIFIES THAT _________ is the registered owner of 100% Percentage
Interest evidenced by this Certificate in certain monthly distributions with
respect to a Trust consisting of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer, the
Securities Administrator or the Trustee or any of their respective affiliates.
Neither this

                                     A-1AR-2

Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Any distribution of the proceeds of any remaining assets of the applicable
subaccount of the Certificate Account will be made only upon presentment and
surrender of this Class 1-A-R Certificate at the Corporate Trust Office.

     Each Person who has or who acquires this Class 1-A-R Certificate shall be
deemed by the acceptance or acquisition thereof to have agreed to be bound by
the following provisions and the rights of each Person acquiring this Class
1-A-R Certificate are expressly subject to the following provisions: (i) each
Person holding or acquiring this Class 1-A-R Certificate shall be a Permitted
Transferee and shall promptly notify the Securities Administrator of any change
or impending change in its status as a Permitted Transferee; (ii) no Person
shall acquire an ownership interest in this Class 1-A-R Certificate unless such
ownership interest is a pro rata undivided interest; (iii) in connection with
any proposed transfer of this Class 1-A-R Certificate, the Securities
Administrator shall require delivery to it, in form and substance satisfactory
to it, of an affidavit in the form of Exhibit I to the Pooling and Servicing
Agreement; (iv) notwithstanding the delivery of an affidavit by a proposed
transferee under clause (iii) above, if a Responsible Officer of the Securities
Administrator has actual knowledge that the proposed transferee is not a
Permitted Transferee, no transfer of any Ownership Interest in this Class 1-A-R
Certificate to such proposed transferee shall be effected; (v) this Class 1-A-R
Certificate may not be purchased by or transferred to any Person that is not a
U.S. Person, unless (A) such Person holds this Class 1-A-R Certificate in
connection with the conduct of a trade or business within the United States and
furnishes the transferor and the Securities Administrator with an effective
Internal Revenue Service Form W-8ECI (or any successor thereto) or (B) the
transferee delivers to both the transferor and the Securities Administrator an
Opinion of Counsel from a nationally-recognized tax counsel to the effect that
such transfer is in accordance with the requirements of the Code and the
regulations promulgated thereunder and that such transfer of this Class 1-A-R
Certificate will not be disregarded for federal income tax purposes; (vi) any
attempted or purported transfer of this Class 1-A-R Certificate in violation of
the provisions of such restrictions shall be absolutely null and void and shall
vest no rights in the purported transferee; and (vii) if any Person other than a
Permitted Transferee acquires the Class 1-A-R Certificate in violation of such
restrictions, then the Securities Administrator, based on information provided
to the Securities Administrator by the Master Servicer, will provide to the
Internal Revenue Service, and to the Persons specified in Section 860E(e)(3) and
(6) of the Code, information needed to compute the tax imposed under Section
860E(e) of the Code on transfers of residual interests to disqualified
organizations.

     This Class 1-A-R Certificate may not be purchased by or transferred to any
employee benefit plan or arrangement, including an individual retirement
account, subject to ERISA, the Code or any federal, state or local law which is
similar to ERISA or the Code (collectively, a "Plan") or a Person acting on
behalf of or investing assets of a Plan.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

                                     A-1AR-3

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-1AR-4

                                  EXHIBIT A-1A1

                    [FORM OF FACE OF CLASS 1-A-1 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-1

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-1A1-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-1

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $62,329,200.00

Pass-Through Rate:          5.750%

CUSIP No.:                  05950R AA 7

ISIN No.:                   US05950RAA77

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-1A1-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-1A1-3

                                  EXHIBIT A-1A2

                    [FORM OF FACE OF CLASS 1-A-2 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-2

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-1A2-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-2

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $80,000,000.00

Pass-Through Rate:          6.250%

CUSIP No.:                  05950R AB 5

ISIN No.:                   US05950RAB50

THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-1A2-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-1A2-3

                                  EXHIBIT A-1A3

                    [FORM OF FACE OF CLASS 1-A-3 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-3

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-1A3-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-3

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $20,352,800.00

Pass-Through Rate:          Floating

CUSIP No.:                  05950R AC 3

ISIN No.:                   US05950RAC34

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-1A3-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-1A3-3

                                  EXHIBIT A-1A4

                    [FORM OF FACE OF CLASS 1-A-4 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-4

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

                                     A-1A4-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-4

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006

Initial Notional Amount
of this Certificate
("Denomination"):          $

Initial Notional Amount
of this Class:             $20,352,800.00

Pass-Through Rate:         Inverse Floating

CUSIP No.:                 05950R AD 1

ISIN No.:                  USO5950RAD17

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Notional Amount of the Class to which this
Certificate belongs) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Banc of America Funding
Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and
Servicing Agreement, dated September 28, 2006 (the "Pooling and Servicing
Agreement"), among the Depositor, CitiMortgage, Inc., as master servicer (the
"Master Servicer"), Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator"), and U.S. Bank National Association, as trustee (the
"Trustee"). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Pooling and Servicing Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Pooling and Servicing Agreement, to which Pooling and
Servicing Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

     This Class 1-A-4 Certificate is not entitled to any distributions with
respect to principal.

                                     A-1A4-2

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-1A4-3

                                  EXHIBIT A-1A5

                    [FORM OF FACE OF CLASS 1-A-5 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-5

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-1A5-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-5

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $15,000,000.00

Pass-Through Rate:          Floating

CUSIP No.:                  05950R AE 9

ISIN No.:                   US05950RAE99

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-1A5-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-1A5-3

                                  EXHIBIT A-1A6

                    [FORM OF FACE OF CLASS 1-A-6 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-6

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

                                     A-1A6-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-6

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006

Initial Notional
Amount of this
Certificate
("Denomination"):          $

Initial Notional
Amount of this Class:      $15,000,000.00

Pass-Through Rate:         Inverse Floating

CUSIP No.:                 05950R AF 6

ISIN No.:                  USO5950RAF64

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Notional Amount of the Class to which this
Certificate belongs) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Banc of America Funding
Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and
Servicing Agreement, dated September 28, 2006 (the "Pooling and Servicing
Agreement"), among the Depositor, CitiMortgage, Inc., as master servicer (the
"Master Servicer"), Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator"), and U.S. Bank National Association, as trustee (the
"Trustee"). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Pooling and Servicing Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Pooling and Servicing Agreement, to which Pooling and
Servicing Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

     This Class 1-A-6 Certificate is not entitled to any distributions with
respect to principal.

                                    A-1A6-2

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A6-3

                                  EXHIBIT A-1A7

                    [FORM OF FACE OF CLASS 1-A-7 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-7

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A7-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-7

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $21,229,000.00

Pass-Through Rate:          6.250%

CUSIP No.:                  05950R AG 4

ISIN No.:                   US05950RAG48

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A7-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A7-3

                                  EXHIBIT A-1A8

                    [FORM OF FACE OF CLASS 1-A-8 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-8

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A8-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 1-A-8

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $291,000.00

Pass-Through Rate:          6.250%

CUSIP No.:                  05950R AH 2

ISIN No.:                   US05950RAH21

     THIS CERTIFIES THAT __________ is the registered owner of the
Percentage Interest evidenced by this Certificate (obtained by dividing the
Denomination of this Certificate by the Initial Class Certificate Balance of the
Class to which this Certificate belongs) in certain monthly distributions with
respect to a Trust consisting primarily of the Mortgage Loans deposited by Banc
of America Funding Corporation (the "Depositor"). The Trust was created pursuant
to a Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A8-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A8-3

                                  EXHIBIT A-1A9

                    [FORM OF FACE OF CLASS 1-A-9 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-9 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

AFTER THE SENIOR CREDIT SUPPORT DEPLETION DATE, THE PRINCIPAL PORTION OF
REALIZED LOSSES ALLOCATED TO THE CLASS 1-A-10 CERTIFICATES WILL BE BORNE BY THE
CLASS 1-A-9 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A9-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-9 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this
Certificate:                        $

Maximum Initial Class Certificate
Balance of this Class:              $3,917,000.00

Pass-Through Rate:                  6.000%

CUSIP No.:                          05950R AJ 8

ISIN No.:                           US05950RAJ86

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer,

                                     A-1A9-2

the Securities Administrator or the Trustee or any of their respective
affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A9-3

                                 EXHIBIT A-1A10

                   [FORM OF FACE OF CLASS 1-A-10 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-10 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A10-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-10 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this
Certificate:                        $

Maximum Initial Class Certificate
Balance of this Class:              $32,256,000.00

Pass-Through Rate:                  6.000%

CUSIP No.:                          05950R AK 5

ISIN No.:                           US05950RAK59

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer,

                                    A-1A10-2

the Securities Administrator or the Trustee or any of their respective
affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A10-3

                                 EXHIBIT A-1A11

                   [FORM OF FACE OF CLASS 1-A-11 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-11 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

                                    A-1A11-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-11 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006

Maximum Initial Notional
Amount of this
Certificate:               $

Maximum Initial Notional
Amount of this Class:      $1,566,920.00

Pass-Through Rate:         6.250%

CUSIP No.:                 05950R AL 3

ISIN No.:                  USO5950RAL33

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
notional amount of this Certificate by the current Notional Amount of the Class
to which this Certificate belongs) in certain monthly distributions with respect
to a Trust consisting primarily of the Mortgage Loans deposited by Banc of
America Funding Corporation (the "Depositor"). The Trust was created pursuant to
a Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     This Class 1-A-11 Certificate is not entitled to any distributions with
respect to principal.

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or

                                    A-1A11-2

any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A11-3

                                 EXHIBIT A-1A12

                   [FORM OF FACE OF CLASS 1-A-12 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-12 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A12-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-12 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this
Certificate:                        $

Maximum Initial Class Certificate
Balance of this Class:              $86,049,000.00

Pass-Through Rate:                  5.750%

CUSIP No.:                          05950R AM 1

ISIN No.:                           US05950RAM16

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer,

                                    A-1A12-2

the Securities Administrator or the Trustee or any of their respective
affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A12-3

                                 EXHIBIT A-1A13

                   [FORM OF FACE OF CLASS 1-A-13 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-13 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A13-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-13 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this
Certificate:                        $

Maximum Initial Class Certificate
Balance of this Class:              $10,600,000.00

Pass-Through Rate:                  5.750%

CUSIP No.:                          05950R AN 9

ISIN No.:                           US05950RAN98

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer,

                                    A-1A13-2

the Securities Administrator or the Trustee or any of their respective
affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A13-3

                                 EXHIBIT A-1A14

                   [FORM OF FACE OF CLASS 1-A-14 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-14

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A14-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-14

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $21,834,000.00

Pass-Through Rate:          6.000%

CUSIP No.:                  05950R AP 4

ISIN No.:                   US05950RAP47

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A14-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A14-3

                                 EXHIBIT A-1A15

                   [FORM OF FACE OF CLASS 1-A-15 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-15

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

UNTIL THE ACCRETION TERMINATION DATE, THE INTEREST THAT ACCRUES ON THE
CERTIFICATE BALANCE OF THIS CERTIFICATE WILL NOT BE PAYABLE BECAUSE SUCH UNPAID
INTEREST IS ADDED TO THE CERTIFICATE BALANCE OF THIS CERTIFICATE AND BECAUSE
REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MORE OR LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A15-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-15

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $499,000.00

Pass-Through Rate:          6.250%

CUSIP No.:                  05950R AQ 2

ISIN No.:                   US05950R1BAQ20

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A15-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A15-3

                                 EXHIBIT A-1A16

                   [FORM OF FACE OF CLASS 1-A-16 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-16

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A16-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-16

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $19,679,000.00

Pass-Through Rate:          6.250%

CUSIP No.:                  05950R AR 0

ISIN No.:                   US05950RAR03

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A16-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A16-3

                                 EXHIBIT A-1A17

                   [FORM OF FACE OF CLASS 1-A-17 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-17

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

                                    A-1A17-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                  Class 1-A-17

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006
Initial Notional
Amount of this
Certificate
("Denomination"):          $

Initial Notional
Amount of this Class:      $4,739,320.00

Pass-Through Rate:         6.250%

CUSIP No.:                 05950R AS 8

ISIN No.:                  USO5950RAS85

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Notional Amount of the Class to which this
Certificate belongs) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Banc of America Funding
Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and
Servicing Agreement, dated September 28, 2006 (the "Pooling and Servicing
Agreement"), among the Depositor, CitiMortgage, Inc., as master servicer (the
"Master Servicer"), Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator"), and U.S. Bank National Association, as trustee (the
"Trustee"). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Pooling and Servicing Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Pooling and Servicing Agreement, to which Pooling and
Servicing Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

     This Class 1-A-17 Certificate is not entitled to any distributions with
respect to principal.

                                    A-1A17-2

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A17-3

                                 EXHIBIT A-1A18

                   [FORM OF FACE OF CLASS 1-A-18 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-18 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

                                    A-1A18-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-18 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006
Maximum Initial Notional
Amount of this
Certificate:               $

Maximum Initial Notional
Amount of this Class:      $3,585,375.00

Pass-Through Rate:         6.000%

CUSIP No.:                 05950R AT 6

ISIN No.:                  USO5950RAT68

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
notional amount of this Certificate by the current Notional Amount of the Class
to which this Certificate belongs) in certain monthly distributions with respect
to a Trust consisting primarily of the Mortgage Loans deposited by Banc of
America Funding Corporation (the "Depositor"). The Trust was created pursuant to
a Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     This Class 1-A-18 Certificate is not entitled to any distributions with
respect to principal.

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or

                                    A-1A18-2

any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A18-3

                                 EXHIBIT A-1A19

                   [FORM OF FACE OF CLASS 1-A-19 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-19 Exchangeable REMIC Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

THIS CERTIFICATE IS AN EXCHANGEABLE REMIC CERTIFICATE AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE
EXCHANGEABLE CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

                                    A-1A19-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                   Class 1-A-19 Exchangeable REMIC Certificate

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006
Maximum Initial Notional
Amount of this
Certificate:               $

Maximum Initial Notional
Amount of this Class:      $441,666.00

Pass-Through Rate:         6.000%

CUSIP No.:                 05950R AU 3

ISIN No.:                  USO5950RAU32

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
notional amount of this Certificate by the current Notional Amount of the Class
to which this Certificate belongs) in certain monthly distributions with respect
to a Trust consisting primarily of the Mortgage Loans deposited by Banc of
America Funding Corporation (the "Depositor"). The Trust was created pursuant to
a Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     This Class 1-A-19 Certificate is not entitled to any distributions with
respect to principal.

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or

                                    A-1A19-2

any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A19-3

                                 EXHIBIT A-1A20

                   [FORM OF FACE OF CLASS 1-A-20 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-20 Exchangeable Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

FOR UNITED STATES FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS AN
UNDIVIDED BENEFICIAL INTEREST IN THE ASSETS OF AN ARRANGEMENT THAT IS CLASSIFIED
AS A GRANTOR TRUST UNDER SUBPART E, PART I OF SUBCHAPTER J OF THE CODE.

THIS CERTIFICATE IS AN EXCHANGEABLE CERTIFICATE AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE EXCHANGEABLE
REMIC CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A20-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-20 Exchangeable Certificate

evidencing an interest in the Exchangeable Certificate Grantor Trust Account and
the Related Exchangeable REMIC Certificates issued by a Trust (consisting
primarily of fixed-rate mortgage loans (the "Mortgage Loans") secured by first
liens on one- to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006
Maximum Initial Certificate
Balance of this
Certificate:                        $

Maximum Initial Class Certificate
Balance of this Class:              $96,649,000.00

Pass-Through Rate:                  5.750%

CUSIP No.:                          05950R AV 1

ISIN No.:                           US05950RAV15

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A20-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A20-3

                                 EXHIBIT A-1A21

                   [FORM OF FACE OF CLASS 1-A-21 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-21 Exchangeable Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

FOR UNITED STATES FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS AN
UNDIVIDED BENEFICIAL INTEREST IN THE ASSETS OF AN ARRANGEMENT THAT IS CLASSIFIED
AS A GRANTOR TRUST UNDER SUBPART E, PART I OF SUBCHAPTER J OF THE CODE.

THIS CERTIFICATE IS AN EXCHANGEABLE CERTIFICATE AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE EXCHANGEABLE
REMIC CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A21-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-21 Exchangeable Certificate

evidencing an interest in the Exchangeable Certificate Grantor Trust Account and
the Related Exchangeable REMIC Certificates issued by a Trust (consisting
primarily of fixed-rate mortgage loans (the "Mortgage Loans") secured by first
liens on one- to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this Certificate:        $

Maximum Initial Class Certificate
Balance of this Class:              $96,649,000.00

Pass-Through Rate:                  6.000%

CUSIP No.:                          05950R AW 9

ISIN No.:                           US05950RAW97

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A21-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A21-3

                                 EXHIBIT A-1A22

                   [FORM OF FACE OF CLASS 1-A-22 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-22 Exchangeable Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

FOR UNITED STATES FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS AN
UNDIVIDED BENEFICIAL INTEREST IN THE ASSETS OF AN ARRANGEMENT THAT IS CLASSIFIED
AS A GRANTOR TRUST UNDER SUBPART E, PART I OF SUBCHAPTER J OF THE CODE.

THIS CERTIFICATE IS AN EXCHANGEABLE CERTIFICATE AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE EXCHANGEABLE
REMIC CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A22-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-22 Exchangeable Certificate

evidencing an interest in the Exchangeable Certificate Grantor Trust Account and
the Related Exchangeable REMIC Certificates issued by a Trust (consisting
primarily of fixed-rate mortgage loans (the "Mortgage Loans") secured by first
liens on one- to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this Certificate:        $

Maximum Initial Class Certificate
Balance of this Class:              $86,049,000.00

Pass-Through Rate:                  6.000%

CUSIP No.:                          05950R AX 7

ISIN No.:                           US05950RAX70

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A22-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A22-3

                                 EXHIBIT A-1A23

                   [FORM OF FACE OF CLASS 1-A-23 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-23 Exchangeable Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

FOR UNITED STATES FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS AN
UNDIVIDED BENEFICIAL INTEREST IN THE ASSETS OF AN ARRANGEMENT THAT IS CLASSIFIED
AS A GRANTOR TRUST UNDER SUBPART E, PART I OF SUBCHAPTER J OF THE CODE.

THIS CERTIFICATE IS AN EXCHANGEABLE CERTIFICATE AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE EXCHANGEABLE
REMIC CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A23-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-23 Exchangeable Certificate

evidencing an interest in the Exchangeable Certificate Grantor Trust Account and
the Related Exchangeable REMIC Certificates issued by a Trust (consisting
primarily of fixed-rate mortgage loans (the "Mortgage Loans") secured by first
liens on one- to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this Certificate:        $

Maximum Initial Class Certificate
Balance of this Class:              $10,600,000.00

Pass-Through Rate:                  6.000%

CUSIP No.:                          05950R AY5

ISIN No.:                           US05950RAY53

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A23-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A23-3

                                 EXHIBIT A-1A24

                   [FORM OF FACE OF CLASS 1-A-24 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-24 Exchangeable Certificate

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

FOR UNITED STATES FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS AN
UNDIVIDED BENEFICIAL INTEREST IN THE ASSETS OF AN ARRANGEMENT THAT IS CLASSIFIED
AS A GRANTOR TRUST UNDER SUBPART E, PART I OF SUBCHAPTER J OF THE CODE.

THIS CERTIFICATE IS AN EXCHANGEABLE CERTIFICATE AS DESCRIBED IN THE POOLING AND
SERVICING AGREEMENT REFERENCED HEREIN AND MAY BE EXCHANGED FOR THE EXCHANGEABLE
REMIC CERTIFICATE OR CERTIFICATES IN THE RELATED COMBINATION GROUP.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-1A24-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                      Class 1-A-24 Exchangeable Certificate

evidencing an interest in the Exchangeable Certificate Grantor Trust Account and
the Related Exchangeable REMIC Certificates issued by a Trust (consisting
primarily of fixed-rate mortgage loans (the "Mortgage Loans") secured by first
liens on one- to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:                       September 1, 2006

First Distribution Date:            October 25, 2006

Maximum Initial Certificate
Balance of this Certificate:        $

Maximum Initial Class Certificate
Balance of this Class:              $39,173,000.00

Pass-Through Rate:                  6.250%

CUSIP No.:                          05950R AZ 2

ISIN No.:                           US05950RAZ29

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the current
Certificate Balance of this Certificate by the current Class Certificate Balance
of the Class to which this Certificate belongs) in certain monthly distributions
with respect to a Trust consisting primarily of the Mortgage Loans deposited by
Banc of America Funding Corporation (the "Depositor"). The Trust was created
pursuant to a Pooling and Servicing Agreement, dated September 28, 2006 (the
"Pooling and Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as
master servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                    A-1A24-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-1A24-3

                                  EXHIBIT A-2A1

                    [FORM OF FACE OF CLASS 2-A-1 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-1

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-2A1-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-1

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $194,310,400.00

Pass-Through Rate:          6.000%

CUSIP No.:                  05950R BB 4

ISIN No.:                   US05950RBB42

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-2A1-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-2A1-3

                                  EXHIBIT A-2A2

                    [FORM OF FACE OF CLASS 2-A-2 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-2

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-2A2-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-2

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate

Balance of this Class:      $46,755,600.00

Pass-Through Rate:          Floating

CUSIP No.:                  05950R BC 2

ISIN No.:                   US05950RBC25

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-2A2-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-2A2-3

                                  EXHIBIT A-2A3

                    [FORM OF FACE OF CLASS 2-A-3 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-3

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

                                     A-2A3-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-3

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Notional
Amount of this
Certificate
("Denomination"):           $

Initial Notional
Amount of this Class:       $48,577,600.00

Pass-Through Rate:          Inverse Floating

CUSIP No.:                  05950RBD0

ISIN No.:                   USO5950RBD08

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Notional Amount of the Class to which this
Certificate belongs) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Banc of America Funding
Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and
Servicing Agreement, dated September 28, 2006 (the "Pooling and Servicing
Agreement"), among the Depositor, CitiMortgage, Inc., as master servicer (the
"Master Servicer"), Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator"), and U.S. Bank National Association, as trustee (the
"Trustee"). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Pooling and Servicing Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Pooling and Servicing Agreement, to which Pooling and
Servicing Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

     This Class 2-A-3 Certificate is not entitled to any distributions with
respect to principal.

                                     A-2A3-2

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-2A3-3

                                  EXHIBIT A-2A4

                    [FORM OF FACE OF CLASS 2-A-4 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-4

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-2A4-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 2-A-4

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $1,822,000.00

Pass-Through Rate:          Floating

CUSIP No.:                  05950R BE 8

ISIN No.:                   US05950RBE80

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-2A4-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-2A4-3

                                  EXHIBIT A-3A1

                    [FORM OF FACE OF CLASS 3-A-1 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-1

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE") AND CERTAIN OTHER PROPERTY.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-3A1-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-1

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $52,720,000.00

Pass-Through Rate:          Floating

CUSIP No.:                  05950R BF 5

ISIN No.:                   US05950RBF55

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-3A1-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-3A1-3

                                  EXHIBIT A-3A2

                    [FORM OF FACE OF CLASS 3-A-2 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-2

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

                                     A-3A2-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-2

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:              September 1, 2006

First Distribution Date:   October 25, 2006

Initial Notional
Amount of this
Certificate
("Denomination"):          $

Initial Notional
Amount of this Class:      $52,720,000.00

Pass-Through Rate:         Inverse Floating

CUSIP No.:                 05950R BG 3

ISIN No.:                  USO5950RBG39

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Notional Amount of the Class to which this
Certificate belongs) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Banc of America Funding
Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and
Servicing Agreement, dated September 28, 2006 (the "Pooling and Servicing
Agreement"), among the Depositor, CitiMortgage, Inc., as master servicer (the
"Master Servicer"), Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator"), and U.S. Bank National Association, as trustee (the
"Trustee"). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Pooling and Servicing Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Pooling and Servicing Agreement, to which Pooling and
Servicing Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

     This Class 3-A-2 Certificate is not entitled to any distributions with
respect to principal.

                                     A-3A2-2

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Interest will accrue on these Certificates at a per annum rate as provided
in the Pooling and Servicing Agreement.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-3A2-3

                                  EXHIBIT A-3A3

                    [FORM OF FACE OF CLASS 3-A-3 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-3

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

AFTER THE SENIOR CREDIT SUPPORT DEPLETION DATE, THE PRINCIPAL PORTION OF
REALIZED LOSSES ALLOCATED TO THE CLASS 3-A-4 CERTIFICATES WILL BE BORNE BY THE
CLASS 3-A-3 CERTIFICATES AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
REFERRED TO HEREIN.

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-3A3-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-3

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $1,833,000.00

Pass-Through Rate:          6.000%

CUSIP No.:                  05950R BH 1

ISIN No.:                   US05950RBH12

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-3A3-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-3A3-3

                                  EXHIBIT A-3A4

                    [FORM OF FACE OF CLASS 3-A-4 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-4

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                     A-3A4-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 3-A-4

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $16,501,000.00

Pass-Through Rate:          6.000%

CUSIP No.:                  05950R BJ 7

ISIN No.:                   US05950RBJ77

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence

                                     A-3A4-2

an obligation of, or an interest in, and is not guaranteed by the Depositor, the
Master Servicer, the Securities Administrator or the Trustee or any of their
respective affiliates. Neither this Certificate nor the Mortgage Loans are
guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     A-3A4-3

                                 EXHIBIT A-30IO

                    [FORM OF FACE OF CLASS 30-IO CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 30-IO

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, EACH COMPONENT OF THIS CERTIFICATE
IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING NOTIONAL AMOUNT OF THIS CERTIFICATE MAY BE LESS THAN THE AMOUNT
SET FORTH BELOW.

                                    A-30IO-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 30-IO

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:             September 1, 2006

First Distribution Date:  October 25, 2006

Initial Notional
Amount of this
Certificate
("Denomination"):         $

Initial Notional
Amount of this Class:     $12,022,121.00

Pass-Through Rate:        6.000%

CUSIP No.:                05950R BK 4

ISIN No.:                 USO5950RBK41

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Notional Amount of the Class to which this
Certificate belongs) in certain monthly distributions with respect to a Trust
consisting primarily of the Mortgage Loans deposited by Banc of America Funding
Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and
Servicing Agreement, dated September 28, 2006 (the "Pooling and Servicing
Agreement"), among the Depositor, CitiMortgage, Inc., as master servicer (the
"Master Servicer"), Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator"), and U.S. Bank National Association, as trustee (the
"Trustee"). To the extent not defined herein, the capitalized terms used herein
have the meanings assigned in the Pooling and Servicing Agreement. This
Certificate is issued under and is subject to the terms, provisions and
conditions of the Pooling and Servicing Agreement, to which Pooling and
Servicing Agreement the Holder of this Certificate by virtue of the acceptance
hereof assents and by which such Holder is bound.

     This Class 30-IO Certificate is not entitled to any distributions with
respect to principal.

                                    A-30IO-2

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     The Class 30-IO Certificates are Interest Only Certificates and will be
deemed for purposes of distributions of interest to consist of three Components:
the Class 1-30-IO, Class 2-30-IO and Class 3-30-IO Components. The Components of
the Class 30-IO Certificates are not severable.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-30IO-3

                                 EXHIBIT A-30PO

                    [FORM OF FACE OF CLASS 30-PO CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 30-PO

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

                                    A-30PO-1

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                   Class 30-PO

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $408,843.00

CUSIP No.:                  05950R BL 2

ISIN No.:                   US05950RBL24

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     This Class 30-PO Certificate represents the right to receive principal only
and holders of these Certificates are not entitled to distributions in respect
of interest.

                                    A-30PO-2

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein.

     This Certificate does not evidence an obligation of, or an interest in, and
is not guaranteed by the Depositor, the Master Servicer, the Securities
Administrator or the Trustee or any of their respective affiliates. Neither this
Certificate nor the Mortgage Loans are guaranteed or insured by any governmental
agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                    A-30PO-3

                                   EXHIBIT B-M

                      [FORM OF FACE OF CLASS M CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                     Class M

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES,
AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "1933 ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT
REGISTRATION THEREOF UNDER THE 1933 ACT MAY ONLY BE MADE IN A TRANSACTION
EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE
WITH THE PROVISIONS OF THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN.

UNDER CURRENT LAW THE PURCHASE AND HOLDING OF THIS CERTIFICATE BY OR ON BEHALF
OF ANY EMPLOYEE BENEFIT PLAN OR ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"), THE CODE OR ANY FEDERAL, STATE OR LOCAL LAW ("SIMILAR LAW")
WHICH IS SIMILAR TO ERISA OR THE CODE (COLLECTIVELY, A "PLAN"), MAY RESULT IN
"PROHIBITED TRANSACTIONS" WITHIN THE MEANING OF ERISA, THE CODE OR SIMILAR LAW.
TRANSFER OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO
THE SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER, IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR, STATING THAT (A) IT IS
NOT, AND IS NOT ACTING ON BEHALF OF, ANY SUCH PLAN OR USING THE ASSETS OF ANY
SUCH PLAN TO EFFECT SUCH PURCHASE OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE
SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE IS AN "INSURANCE COMPANY
GENERAL ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED
TRANSACTION CLASS EXEMPTION 95-60 ("PTE 95-60"), 60 FED. REG. 35925 (JULY 12,
1995)), THERE IS NO PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL
ACCOUNT'S

                                     B-M-1

RESERVES AND LIABILITIES FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN
AND ALL OTHER PLANS MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE THEREOF AS
DEFINED IN SECTION V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE ORGANIZATION
EXCEEDS 10% OF THE TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT
(AS SUCH AMOUNTS ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60) AT THE DATE OF
ACQUISITION AND ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE
PLANS TO WHICH PTE 95-60 APPLIES, OR (II) AN OPINION OF COUNSEL, IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR, TO THE EFFECT THAT THE
PURCHASE OR HOLDING OF THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN WILL NOT
CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION WITHIN THE MEANING
OF ERISA, SECTION 4975 OF THE CODE OR SIMILAR LAW AND WILL NOT SUBJECT THE
DEPOSITOR, THE MASTER SERVICER, THE SECURITIES ADMINISTRATOR OR THE TRUSTEE TO
ANY OBLIGATION IN ADDITION TO THOSE UNDERTAKEN IN THE POOLING AND SERVICING
AGREEMENT. EACH PERSON WHO ACQUIRES THIS CERTIFICATE OR ANY INTEREST THEREIN
SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS REQUIRED BY THE REPRESENTATION
LETTER REFERRED TO IN THE PRECEDING SENTENCE, UNLESS SUCH PERSON SHALL HAVE
PROVIDED SUCH REPRESENTATION LETTER OR THE OPINION OF COUNSEL REFERRED TO IN THE
PRECEDING SENTENCE TO THE SECURITIES ADMINISTRATOR. THE POOLING AND SERVICING
AGREEMENT PROVIDES THAT ANY ATTEMPTED OR PURPORTED TRANSFER IN VIOLATION OF
THESE TRANSFER RESTRICTIONS WILL BE NULL AND VOID AND WILL VEST NO RIGHTS IN ANY
PURPORTED TRANSFEREE.

                                      B-M-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                     Class M

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate

Balance of this Class:      $10,057,000.00

Pass-Through Rate           Variable

CUSIP No.:                  05950R BM 0

ISIN No.:                   US05950RBM07

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

                                      B-M-3

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer, the
Securities Administrator or the Trustee or any of their respective affiliates.
Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any
governmental agency or instrumentality.

     No transfer of a Certificate of this Class shall be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended (the "1933 Act"), and any applicable state securities laws or
is made in accordance with the 1933 Act and such laws. In the event of any such
transfer, (i) unless the transfer is made in reliance on Rule 144A under the
1933 Act, the Securities Administrator or the Depositor may require a written
Opinion of Counsel (which may be in-house counsel) acceptable to and in form and
substance reasonably satisfactory to the Securities Administrator and the
Depositor that such transfer may be made pursuant to an exemption, describing
the applicable exemption and the basis therefor, from the 1933 Act and such laws
or is being made pursuant to the 1933 Act and such laws, which Opinion of
Counsel shall not be an expense of the Securities Administrator or the Depositor
and (ii) the Securities Administrator shall require a certificate from the
Certificateholder desiring to effect such transfer substantially in the form
attached to the Pooling and Servicing Agreement as Exhibit G-1 and a certificate
from such Certificateholder's prospective transferee substantially in the form
attached to the Pooling and Servicing Agreement either as Exhibit G-2A or as
Exhibit G-2B, which certificates shall not be an expense of the Securities
Administrator or the Depositor; provided that the foregoing requirements under
clauses (i) and (ii) shall not apply to a transfer of a Private Certificate
between or among the Depositor, the Seller, their affiliates or both. The Holder
of a Private Certificate desiring to effect such transfer shall, and does hereby
agree to, indemnify the Securities Administrator and the Depositor against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                      B-M-4

                                  EXHIBIT B-B1

                     [FORM OF FACE OF CLASS B-1 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-1

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES
AND THE CLASS M CERTIFICATES, AS DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT.

IF THE RATING OF THIS CERTIFICATE IS NO LONGER AT LEAST BBB- OR Baa3, TRANSFER
OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO THE
SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER STATING THAT (A) IT
IS NOT, AND IS NOT ACTING ON BEHALF OF, AN EMPLOYEE BENEFIT PLAN OR ARRANGEMENT,
INCLUDING AN INDIVIDUAL RETIREMENT ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT
INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), THE CODE OR ANY FEDERAL,
STATE OR LOCAL LAW ("SIMILAR LAW") WHICH IS SIMILAR TO ERISA OR THE CODE
(COLLECTIVELY, A "PLAN") OR USING THE ASSETS OF A PLAN TO EFFECT SUCH PURCHASE
OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE SOURCE OF FUNDS USED TO PURCHASE
THIS CERTIFICATE IS AN "INSURANCE COMPANY

                                     B-B1-1

GENERAL ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED
TRANSACTION CLASS EXEMPTION 95-60 ("PTE 95-60"), 60 FED. REG. 35925 (JULY 12,
1995)), THAT THERE IS NO PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL
ACCOUNT'S RESERVES AND LIABILITIES FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF
SUCH PLAN AND ALL OTHER PLANS MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE
THEREOF AS DEFINED IN SECTION V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE
ORGANIZATION EXCEEDS 10% OF THE TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH
GENERAL ACCOUNT (AS SUCH AMOUNTS ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60)
AT THE DATE OF ACQUISITION AND ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL
ACCOUNT ARE PLANS TO WHICH PTE 95-60 APPLIES, OR (II) AN OPINION OF COUNSEL IN
FORM AND SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR TO THE EFFECT
THAT THE PURCHASE OR HOLDING OF SUCH OFFERED CERTIFICATE BY OR ON BEHALF OF SUCH
PLAN WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION WITHIN
THE MEANING OF ERISA, SECTION 4975 OF THE CODE OR SIMILAR LAW AND WILL NOT
SUBJECT THE SECURITIES ADMINISTRATOR, THE TRUSTEE OR THE DEPOSITOR TO ANY
OBLIGATION IN ADDITION TO THOSE UNDERTAKEN IN THE POOLING AND SERVICING
AGREEMENT, WHICH OPINION OF COUNSEL SHALL NOT BE AN EXPENSE OF THE MASTER
SERVICER, THE SECURITIES ADMINISTRATOR, TRUSTEE OR THE DEPOSITOR. EACH PERSON
WHO ACQUIRES THIS CERTIFICATE OR ANY INTEREST THEREIN WILL BE DEEMED TO HAVE
MADE THE REPRESENTATIONS REQUIRED BY THE REPRESENTATION LETTER REFERRED TO IN
THE PRECEDING SENTENCE, UNLESS SUCH PERSON HAS PROVIDED SUCH REPRESENTATION
LETTER OR OPINION OF COUNSEL REFERRED TO IN THE PRECEDING SENTENCE TO THE
TRUSTEE. THE POOLING AND SERVICING AGREEMENT PROVIDES THAT ANY ATTEMPTED OR
PURPORTED TRANSFER IN VIOLATION OF THESE TRANSFER RESTRICTIONS WILL BE NULL AND
VOID AND WILL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.

                                     B-B1-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-1

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $4,669,000.00

Pass-Through Rate:          Variable

CUSIP No.:                  05950RBN 8

ISIN No.:                   US05950RBN89

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time

                                     B-B1-3

may be less than the Certificate Balance as set forth herein. This Certificate
does not evidence an obligation of, or an interest in, and is not guaranteed by
the Depositor, the Master Servicer, the Securities Administrator or the Trustee
or any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     B-B1-4

                                  EXHIBIT B-B2

                     [FORM OF FACE OF CLASS B-2 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-2

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES,
THE CLASS M CERTIFICATES AND THE CLASS B-1 CERTIFICATES, AS DESCRIBED IN THE
POOLING AND SERVICING AGREEMENT.

IF THE RATING OF THIS CERTIFICATE IS NO LONGER AT LEAST BBB- OR Baa3, TRANSFER
OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO THE
SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER STATING THAT (A) IT
IS NOT, AND IS NOT ACTING ON BEHALF OF, AN EMPLOYEE BENEFIT PLAN OR ARRANGEMENT,
INCLUDING AN INDIVIDUAL RETIREMENT ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT
INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), THE CODE OR ANY FEDERAL,
STATE OR LOCAL LAW ("SIMILAR LAW") WHICH IS SIMILAR TO ERISA OR THE CODE
(COLLECTIVELY, A "PLAN") OR USING THE ASSETS OF A PLAN TO EFFECT SUCH PURCHASE
OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE SOURCE OF FUNDS USED TO PURCHASE
THIS CERTIFICATE IS AN "INSURANCE COMPANY

                                     B-B2-1

GENERAL ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED
TRANSACTION CLASS EXEMPTION 95-60 ("PTE 95-60"), 60 FED. REG. 35925 (JULY 12,
1995)), THAT THERE IS NO PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL
ACCOUNT'S RESERVES AND LIABILITIES FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF
SUCH PLAN AND ALL OTHER PLANS MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE
THEREOF AS DEFINED IN SECTION V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE
ORGANIZATION EXCEEDS 10% OF THE TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH
GENERAL ACCOUNT (AS SUCH AMOUNTS ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60)
AT THE DATE OF ACQUISITION AND ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL
ACCOUNT ARE PLANS TO WHICH PTE 95-60 APPLIES, OR (II) AN OPINION OF COUNSEL IN
FORM AND SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR TO THE EFFECT
THAT THE PURCHASE OR HOLDING OF SUCH OFFERED CERTIFICATE BY OR ON BEHALF OF SUCH
PLAN WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION WITHIN
THE MEANING OF ERISA, SECTION 4975 OF THE CODE OR SIMILAR LAW AND WILL NOT
SUBJECT THE SECURITIES ADMINISTRATOR, THE TRUSTEE OR THE DEPOSITOR TO ANY
OBLIGATION IN ADDITION TO THOSE UNDERTAKEN IN THE POOLING AND SERVICING
AGREEMENT, WHICH OPINION OF COUNSEL SHALL NOT BE AN EXPENSE OF THE MASTER
SERVICER, THE SECURITIES ADMINISTRATOR, TRUSTEE OR THE DEPOSITOR. EACH PERSON
WHO ACQUIRES THIS CERTIFICATE OR ANY INTEREST THEREIN WILL BE DEEMED TO HAVE
MADE THE REPRESENTATIONS REQUIRED BY THE REPRESENTATION LETTER REFERRED TO IN
THE PRECEDING SENTENCE, UNLESS SUCH PERSON HAS PROVIDED SUCH REPRESENTATION
LETTER OR OPINION OF COUNSEL REFERRED TO IN THE PRECEDING SENTENCE TO THE
TRUSTEE. THE POOLING AND SERVICING AGREEMENT PROVIDES THAT ANY ATTEMPTED OR
PURPORTED TRANSFER IN VIOLATION OF THESE TRANSFER RESTRICTIONS WILL BE NULL AND
VOID AND WILL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.

                                     B-B2-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-2

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $4,669,000.00

Pass-Through Rate:          Variable

CUSIP No.:                  05950R BP 3

ISIN No.:                   US05950RBP38

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time

                                     B-B2-3

may be less than the Certificate Balance as set forth herein. This Certificate
does not evidence an obligation of, or an interest in, and is not guaranteed by
the Depositor, the Master Servicer, the Securities Administrator or the Trustee
or any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     B-B2-4

                                  EXHIBIT B-B3

                     [FORM OF FACE OF CLASS B-3 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-3

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE DEPOSITOR OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME
AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES,
THE CLASS M CERTIFICATES, THE CLASS B-1 CERTIFICATES AND THE CLASS B-2
CERTIFICATES, AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT.

IF THE RATING OF THIS CERTIFICATE IS NO LONGER AT LEAST BBB- OR Baa3, TRANSFER
OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO THE
SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER STATING THAT (A) IT
IS NOT, AND IS NOT ACTING ON BEHALF OF, AN EMPLOYEE BENEFIT PLAN OR ARRANGEMENT,
INCLUDING AN INDIVIDUAL RETIREMENT ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT
INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), THE CODE OR ANY FEDERAL,
STATE OR LOCAL LAW ("SIMILAR LAW") WHICH IS SIMILAR TO ERISA OR THE CODE
(COLLECTIVELY, A "PLAN") OR USING THE ASSETS OF A PLAN TO EFFECT SUCH PURCHASE
OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE SOURCE OF

                                     B-B3-1

FUNDS USED TO PURCHASE THIS CERTIFICATE IS AN "INSURANCE COMPANY GENERAL
ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED TRANSACTION
CLASS EXEMPTION 95-60 ("PTE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THAT
THERE IS NO PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL ACCOUNT'S
RESERVES AND LIABILITIES FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN
AND ALL OTHER PLANS MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE THEREOF AS
DEFINED IN SECTION V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE ORGANIZATION
EXCEEDS 10% OF THE TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT
(AS SUCH AMOUNTS ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60) AT THE DATE OF
ACQUISITION AND ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE
PLANS TO WHICH PTE 95-60 APPLIES, OR (II) AN OPINION OF COUNSEL IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR TO THE EFFECT THAT THE
PURCHASE OR HOLDING OF SUCH OFFERED CERTIFICATE BY OR ON BEHALF OF SUCH PLAN
WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION WITHIN THE
MEANING OF ERISA, SECTION 4975 OF THE CODE OR SIMILAR LAW AND WILL NOT SUBJECT
THE SECURITIES ADMINISTRATOR, THE TRUSTEE OR THE DEPOSITOR TO ANY OBLIGATION IN
ADDITION TO THOSE UNDERTAKEN IN THE POOLING AND SERVICING AGREEMENT, WHICH
OPINION OF COUNSEL SHALL NOT BE AN EXPENSE OF THE MASTER SERVICER, THE
SECURITIES ADMINISTRATOR, TRUSTEE OR THE DEPOSITOR. EACH PERSON WHO ACQUIRES
THIS CERTIFICATE OR ANY INTEREST THEREIN WILL BE DEEMED TO HAVE MADE THE
REPRESENTATIONS REQUIRED BY THE REPRESENTATION LETTER REFERRED TO IN THE
PRECEDING SENTENCE, UNLESS SUCH PERSON HAS PROVIDED SUCH REPRESENTATION LETTER
OR OPINION OF COUNSEL REFERRED TO IN THE PRECEDING SENTENCE TO THE TRUSTEE. THE
POOLING AND SERVICING AGREEMENT PROVIDES THAT ANY ATTEMPTED OR PURPORTED
TRANSFER IN VIOLATION OF THESE TRANSFER RESTRICTIONS WILL BE NULL AND VOID AND
WILL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.

                                     B-B3-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-3

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $2,874,000.00

Pass-Through Rate:          Variable

CUSIP No.:                  05950R BQ 1

ISIN No.:                   US05950RBQ11

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time

                                     B-B3-3

may be less than the Certificate Balance as set forth herein. This Certificate
does not evidence an obligation of, or an interest in, and is not guaranteed by
the Depositor, the Master Servicer, the Securities Administrator or the Trustee
or any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     B-B3-4

                                  EXHIBIT B-B4

                     [FORM OF FACE OF CLASS B-4 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-4

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES,
THE CLASS M CERTIFICATES, THE CLASS B-1 CERTIFICATES, THE CLASS B-2 CERTIFICATES
AND THE CLASS B-3 CERTIFICATES, AS DESCRIBED IN THE POOLING AND SERVICING
AGREEMENT.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "1933 ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT
REGISTRATION THEREOF UNDER THE 1933 ACT MAY ONLY BE MADE IN A TRANSACTION
EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE
WITH THE PROVISIONS OF THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN.

UNDER CURRENT LAW THE PURCHASE AND HOLDING OF THIS CERTIFICATE BY OR ON BEHALF
OF ANY EMPLOYEE BENEFIT PLAN OR ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"), THE CODE OR ANY FEDERAL, STATE OR LOCAL LAW ("SIMILAR LAW")
WHICH IS SIMILAR TO ERISA OR THE CODE (COLLECTIVELY, A "PLAN"), MAY RESULT IN
"PROHIBITED TRANSACTIONS" WITHIN THE MEANING OF ERISA, THE CODE OR SIMILAR LAW.
TRANSFER OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO
THE SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER, IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR, STATING THAT (A) IT IS
NOT, AND IS NOT ACTING ON BEHALF OF, ANY SUCH PLAN OR USING THE ASSETS OF ANY
SUCH PLAN TO EFFECT SUCH PURCHASE OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE
SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE IS AN "INSURANCE COMPANY
GENERAL ACCOUNT" (AS SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED
TRANSACTION CLASS

                                     B-B4-1

EXEMPTION 95-60 ("PTE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THERE IS NO
PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL ACCOUNT'S RESERVES AND
LIABILITIES FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN AND ALL OTHER
PLANS MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE THEREOF AS DEFINED IN
SECTION V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE ORGANIZATION EXCEEDS 10%
OF THE TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS SUCH
AMOUNTS ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60) AT THE DATE OF
ACQUISITION AND ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE
PLANS TO WHICH PTE 95-60 APPLIES, OR (II) AN OPINION OF COUNSEL, IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR, TO THE EFFECT THAT THE
PURCHASE OR HOLDING OF THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN WILL NOT
CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION WITHIN THE MEANING
OF ERISA, SECTION 4975 OF THE CODE OR SIMILAR LAW AND WILL NOT SUBJECT THE
DEPOSITOR, THE MASTER SERVICER, THE SECURITIES ADMINISTRATOR OR THE TRUSTEE TO
ANY OBLIGATION IN ADDITION TO THOSE UNDERTAKEN IN THE POOLING AND SERVICING
AGREEMENT. EACH PERSON WHO ACQUIRES THIS CERTIFICATE OR ANY INTEREST THEREIN
SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS REQUIRED BY THE REPRESENTATION
LETTER REFERRED TO IN THE PRECEDING SENTENCE, UNLESS SUCH PERSON SHALL HAVE
PROVIDED SUCH REPRESENTATION LETTER OR THE OPINION OF COUNSEL REFERRED TO IN THE
PRECEDING SENTENCE TO THE SECURITIES ADMINISTRATOR. THE POOLING AND SERVICING
AGREEMENT PROVIDES THAT ANY ATTEMPTED OR PURPORTED TRANSFER IN VIOLATION OF
THESE TRANSFER RESTRICTIONS WILL BE NULL AND VOID AND WILL VEST NO RIGHTS IN ANY
PURPORTED TRANSFEREE.

                                     B-B4-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-4

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $1,796,000.00

Pass-Through Rate:          Variable

CUSIP No.:                  05950R BR 9

ISIN No.:                   US05950RBR93

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time

                                     B-B4-3

may be less than the Certificate Balance as set forth herein. This Certificate
does not evidence an obligation of, or an interest in, and is not guaranteed by
the Depositor, the Master Servicer, the Securities Administrator or the Trustee
or any of their respective affiliates. Neither this Certificate nor the Mortgage
Loans are guaranteed or insured by any governmental agency or instrumentality.

     No transfer of a Certificate of this Class shall be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended (the "1933 Act"), and any applicable state securities laws or
is made in accordance with the 1933 Act and such laws. In the event of any such
transfer, (i) unless the transfer is made in reliance on Rule 144A under the
1933 Act, the Securities Administrator or the Depositor may require a written
Opinion of Counsel (which may be in-house counsel) acceptable to and in form and
substance reasonably satisfactory to the Securities Administrator and the
Depositor that such transfer may be made pursuant to an exemption, describing
the applicable exemption and the basis therefor, from the 1933 Act and such laws
or is being made pursuant to the 1933 Act and such laws, which Opinion of
Counsel shall not be an expense of the Securities Administrator or the Depositor
and (ii) the Securities Administrator shall require a certificate from the
Certificateholder desiring to effect such transfer substantially in the form
attached to the Pooling and Servicing Agreement as Exhibit G-1 and a certificate
from such Certificateholder's prospective transferee substantially in the form
attached to the Pooling and Servicing Agreement either as Exhibit G-2A or as
Exhibit G-2B, which certificates shall not be an expense of the Securities
Administrator or the Depositor; provided that the foregoing requirements under
clauses (i) and (ii) shall not apply to a transfer of a Private Certificate
between or among the Depositor, the Seller, their affiliates or both. The Holder
of a Private Certificate desiring to effect such transfer shall, and does hereby
agree to, indemnify the Securities Administrator and the Depositor against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     B-B4-4

                                  EXHIBIT B-B5

                     [FORM OF FACE OF CLASS B-5 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-5

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES,
THE CLASS M CERTIFICATES, THE CLASS B-1 CERTIFICATES, THE CLASS B-2
CERTIFICATES, THE CLASS B-3 CERTIFICATES AND THE CLASS B-4 CERTIFICATES, AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "1933 ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT
REGISTRATION THEREOF UNDER THE 1933 ACT MAY ONLY BE MADE IN A TRANSACTION
EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE
WITH THE PROVISIONS OF THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN.

UNDER CURRENT LAW THE PURCHASE AND HOLDING OF THIS CERTIFICATE BY OR ON BEHALF
OF ANY EMPLOYEE BENEFIT PLAN OR ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"), THE CODE OR ANY FEDERAL, STATE OR LOCAL LAW ("SIMILAR LAW")
WHICH IS SIMILAR TO ERISA OR THE CODE (COLLECTIVELY, A "PLAN"), MAY RESULT IN
"PROHIBITED TRANSACTIONS" WITHIN THE MEANING OF ERISA, THE CODE OR SIMILAR LAW.
TRANSFER OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO
THE SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER, IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR, STATING THAT (A) IT IS
NOT, AND IS NOT ACTING ON BEHALF OF, ANY SUCH PLAN OR USING THE ASSETS OF ANY
SUCH PLAN TO EFFECT SUCH PURCHASE OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE
SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE IS AN "INSURANCE COMPANY
GENERAL ACCOUNT" (AS SUCH

                                     B-B5-1

TERM IS DEFINED IN SECTION V(E) OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60
("PTE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THERE IS NO PLAN WITH
RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL ACCOUNT'S RESERVES AND LIABILITIES
FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN AND ALL OTHER PLANS
MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE THEREOF AS DEFINED IN SECTION
V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE ORGANIZATION EXCEEDS 10% OF THE
TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS SUCH AMOUNTS
ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60) AT THE DATE OF ACQUISITION AND
ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE PLANS TO WHICH PTE
95-60 APPLIES, OR (II) AN OPINION OF COUNSEL, IN FORM AND SUBSTANCE SATISFACTORY
TO THE SECURITIES ADMINISTRATOR, TO THE EFFECT THAT THE PURCHASE OR HOLDING OF
THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN WILL NOT CONSTITUTE OR RESULT IN A
NON-EXEMPT PROHIBITED TRANSACTION WITHIN THE MEANING OF ERISA, SECTION 4975 OF
THE CODE OR SIMILAR LAW AND WILL NOT SUBJECT THE DEPOSITOR, THE MASTER SERVICER,
THE SECURITIES ADMINISTRATOR OR THE TRUSTEE TO ANY OBLIGATION IN ADDITION TO
THOSE UNDERTAKEN IN THE POOLING AND SERVICING AGREEMENT. EACH PERSON WHO
ACQUIRES THIS CERTIFICATE OR ANY INTEREST THEREIN SHALL BE DEEMED TO HAVE MADE
THE REPRESENTATIONS REQUIRED BY THE REPRESENTATION LETTER REFERRED TO IN THE
PRECEDING SENTENCE, UNLESS SUCH PERSON SHALL HAVE PROVIDED SUCH REPRESENTATION
LETTER OR THE OPINION OF COUNSEL REFERRED TO IN THE PRECEDING SENTENCE TO THE
SECURITIES ADMINISTRATOR. THE POOLING AND SERVICING AGREEMENT PROVIDES THAT ANY
ATTEMPTED OR PURPORTED TRANSFER IN VIOLATION OF THESE TRANSFER RESTRICTIONS WILL
BE NULL AND VOID AND WILL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.

                                     B-B5-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-5

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

               Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $1,436,000.00

Pass-Through Rate:          Variable

CUSIP No.:                  05950R BS 7

ISIN No.:                   US05950RBS76

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

                                     B-B5-3

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer, the
Securities Administrator or the Trustee or any of their respective affiliates.
Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any
governmental agency or instrumentality.

     No transfer of a Certificate of this Class shall be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended (the "1933 Act"), and any applicable state securities laws or
is made in accordance with the 1933 Act and such laws. In the event of any such
transfer, (i) unless the transfer is made in reliance on Rule 144A under the
1933 Act, the Securities Administrator or the Depositor may require a written
Opinion of Counsel (which may be in-house counsel) acceptable to and in form and
substance reasonably satisfactory to the Securities Administrator and the
Depositor that such transfer may be made pursuant to an exemption, describing
the applicable exemption and the basis therefor, from the 1933 Act and such laws
or is being made pursuant to the 1933 Act and such laws, which Opinion of
Counsel shall not be an expense of the Securities Administrator or the Depositor
and (ii) the Securities Administrator shall require a certificate from the
Certificateholder desiring to effect such transfer substantially in the form
attached to the Pooling and Servicing Agreement as Exhibit G-1 and a certificate
from such Certificateholder's prospective transferee substantially in the form
attached to the Pooling and Servicing Agreement either as Exhibit G-2A or as
Exhibit G-2B, which certificates shall not be an expense of the Securities
Administrator or the Depositor; provided that the foregoing requirements under
clauses (i) and (ii) shall not apply to a transfer of a Private Certificate
between or among the Depositor, the Seller, their affiliates or both. The Holder
of a Private Certificate desiring to effect such transfer shall, and does hereby
agree to, indemnify the Securities Administrator and the Depositor against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     B-B5-4

                                  EXHIBIT B-B6

                     [FORM OF FACE OF CLASS B-6 CERTIFICATE]

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-6

SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE").

REDUCTIONS OF THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS
DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN. ACCORDINGLY,
THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THE
AMOUNT SET FORTH BELOW.

THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES,
THE CLASS M CERTIFICATES, THE CLASS B-1 CERTIFICATES, THE CLASS B-2
CERTIFICATES, THE CLASS B-3 CERTIFICATES, THE CLASS B-4 CERTIFICATES AND THE
CLASS B-5 CERTIFICATES, AS DESCRIBED IN THE POOLING AND SERVICING AGREEMENT.

THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "1933 ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT
REGISTRATION THEREOF UNDER THE 1933 ACT MAY ONLY BE MADE IN A TRANSACTION
EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE
WITH THE PROVISIONS OF THE POOLING AND SERVICING AGREEMENT REFERENCED HEREIN.

UNDER CURRENT LAW THE PURCHASE AND HOLDING OF THIS CERTIFICATE BY OR ON BEHALF
OF ANY EMPLOYEE BENEFIT PLAN OR ARRANGEMENT, INCLUDING AN INDIVIDUAL RETIREMENT
ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"), THE CODE OR ANY FEDERAL, STATE OR LOCAL LAW ("SIMILAR LAW")
WHICH IS SIMILAR TO ERISA OR THE CODE (COLLECTIVELY, A "PLAN"), MAY RESULT IN
"PROHIBITED TRANSACTIONS" WITHIN THE MEANING OF ERISA, THE CODE OR SIMILAR LAW.
TRANSFER OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE TRANSFEREE DELIVERS TO
THE SECURITIES ADMINISTRATOR EITHER (I) A REPRESENTATION LETTER, IN FORM AND
SUBSTANCE SATISFACTORY TO THE SECURITIES ADMINISTRATOR, STATING THAT (A) IT IS
NOT, AND IS NOT ACTING ON BEHALF OF, ANY SUCH PLAN OR USING THE ASSETS OF ANY
SUCH PLAN TO EFFECT SUCH PURCHASE OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE
SOURCE OF FUNDS USED TO PURCHASE THIS CERTIFICATE IS AN "INSURANCE COMPANY
GENERAL ACCOUNT" (AS SUCH

                                     B-B6-1

TERM IS DEFINED IN SECTION V(E) OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60
("PTE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THERE IS NO PLAN WITH
RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL ACCOUNT'S RESERVES AND LIABILITIES
FOR THE CONTRACT(S) HELD BY OR ON BEHALF OF SUCH PLAN AND ALL OTHER PLANS
MAINTAINED BY THE SAME EMPLOYER (OR AFFILIATE THEREOF AS DEFINED IN SECTION
V(A)(1) OF PTE 95-60) OR BY THE SAME EMPLOYEE ORGANIZATION EXCEEDS 10% OF THE
TOTAL OF ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS SUCH AMOUNTS
ARE DETERMINED UNDER SECTION I(A) OF PTE 95-60) AT THE DATE OF ACQUISITION AND
ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE PLANS TO WHICH PTE
95-60 APPLIES, OR (II) AN OPINION OF COUNSEL, IN FORM AND SUBSTANCE SATISFACTORY
TO THE SECURITIES ADMINISTRATOR, TO THE EFFECT THAT THE PURCHASE OR HOLDING OF
THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN WILL NOT CONSTITUTE OR RESULT IN A
NON-EXEMPT PROHIBITED TRANSACTION WITHIN THE MEANING OF ERISA, SECTION 4975 OF
THE CODE OR SIMILAR LAW AND WILL NOT SUBJECT THE DEPOSITOR, THE MASTER SERVICER,
THE SECURITIES ADMINISTRATOR OR THE TRUSTEE TO ANY OBLIGATION IN ADDITION TO
THOSE UNDERTAKEN IN THE POOLING AND SERVICING AGREEMENT. EACH PERSON WHO
ACQUIRES THIS CERTIFICATE OR ANY INTEREST THEREIN SHALL BE DEEMED TO HAVE MADE
THE REPRESENTATIONS REQUIRED BY THE REPRESENTATION LETTER REFERRED TO IN THE
PRECEDING SENTENCE, UNLESS SUCH PERSON SHALL HAVE PROVIDED SUCH REPRESENTATION
LETTER OR THE OPINION OF COUNSEL REFERRED TO IN THE PRECEDING SENTENCE TO THE
SECURITIES ADMINISTRATOR. THE POOLING AND SERVICING AGREEMENT PROVIDES THAT ANY
ATTEMPTED OR PURPORTED TRANSFER IN VIOLATION OF THESE TRANSFER RESTRICTIONS WILL
BE NULL AND VOID AND WILL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.

                                     B-B6-2

                       BANC OF AMERICA FUNDING CORPORATION
                Mortgage Pass-Through Certificates, Series 2006-6
                                    Class B-6

evidencing an interest in a Trust consisting primarily of three loan groups of
fixed-rate mortgage loans (the "Mortgage Loans") secured by first liens on one-
to four-family residential properties deposited by

                Banc of America Funding Corporation, as Depositor

Certificate No.:

Cut-Off Date:               September 1, 2006

First Distribution Date:    October 25, 2006

Initial Certificate
Balance of this
Certificate
("Denomination"):           $

Initial Class Certificate
Balance of this Class:      $1,437,380.00

Pass-Through Rate           Variable

CUSIP No.:                  05950R BT 5

ISIN No.:                   US05950RBT59

     THIS CERTIFIES THAT __________ is the registered owner of the Percentage
Interest evidenced by this Certificate (obtained by dividing the Denomination of
this Certificate by the Initial Class Certificate Balance of the Class to which
this Certificate belongs) in certain monthly distributions with respect to a
Trust consisting primarily of the Mortgage Loans deposited by Banc of America
Funding Corporation (the "Depositor"). The Trust was created pursuant to a
Pooling and Servicing Agreement, dated September 28, 2006 (the "Pooling and
Servicing Agreement"), among the Depositor, CitiMortgage, Inc., as master
servicer (the "Master Servicer"), Wells Fargo Bank, N.A., as securities
administrator (the "Securities Administrator"), and U.S. Bank National
Association, as trustee (the "Trustee"). To the extent not defined herein, the
capitalized terms used herein have the meanings assigned in the Pooling and
Servicing Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Pooling and Servicing Agreement, to
which Pooling and Servicing Agreement the Holder of this Certificate by virtue
of the acceptance hereof assents and by which such Holder is bound.

                                     B-B6-3

     Principal in respect of this Certificate is distributable monthly as set
forth in the Pooling and Servicing Agreement. Accordingly, the Certificate
Balance of this Certificate at any time may be less than the Certificate Balance
as set forth herein. This Certificate does not evidence an obligation of, or an
interest in, and is not guaranteed by the Depositor, the Master Servicer, the
Securities Administrator or the Trustee or any of their respective affiliates.
Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any
governmental agency or instrumentality.

     No transfer of a Certificate of this Class shall be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended (the "1933 Act"), and any applicable state securities laws or
is made in accordance with the 1933 Act and such laws. In the event of any such
transfer, (i) unless the transfer is made in reliance on Rule 144A under the
1933 Act, the Securities Administrator or the Depositor may require a written
Opinion of Counsel (which may be in-house counsel) acceptable to and in form and
substance reasonably satisfactory to the Securities Administrator and the
Depositor that such transfer may be made pursuant to an exemption, describing
the applicable exemption and the basis therefor, from the 1933 Act and such laws
or is being made pursuant to the 1933 Act and such laws, which Opinion of
Counsel shall not be an expense of the Securities Administrator or the Depositor
and (ii) the Securities Administrator shall require a certificate from the
Certificateholder desiring to effect such transfer substantially in the form
attached to the Pooling and Servicing Agreement as Exhibit G-1 and a certificate
from such Certificateholder's prospective transferee substantially in the form
attached to the Pooling and Servicing Agreement either as Exhibit G-2A or as
Exhibit G-2B, which certificates shall not be an expense of the Securities
Administrator or the Depositor; provided that the foregoing requirements under
clauses (i) and (ii) shall not apply to a transfer of a Private Certificate
between or among the Depositor, the Seller, their affiliates or both. The Holder
of a Private Certificate desiring to effect such transfer shall, and does hereby
agree to, indemnify the Securities Administrator and the Depositor against any
liability that may result if the transfer is not so exempt or is not made in
accordance with such federal and state laws.

     Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

     This Certificate shall not be entitled to any benefit under the Pooling and
Servicing Agreement or be valid for any purpose unless manually authenticated by
an authorized signatory of the Securities Administrator.

                                     B-B6-4

                                    EXHIBIT C

                        [FORM OF REVERSE OF CERTIFICATES]

                       BANC OF AMERICA FUNDING CORPORATION
                       Mortgage Pass-Through Certificates

     This Certificate is one of a duly authorized issue of Certificates
designated as Banc of America Funding Corporation Mortgage Pass-Through
Certificates, of the Series specified on the face hereof (collectively, the
"Certificates"), and representing a beneficial ownership interest in the Trust
created by the Pooling and Servicing Agreement.

     The Certificateholder, by its acceptance of this Certificate, agrees that
it will look solely to the funds on deposit in the Certificate Account for
payment hereunder and that the Securities Administrator is not liable to the
Certificateholders for any amount payable under this Certificate or the Pooling
and Servicing Agreement or, except as expressly provided in the Pooling and
Servicing Agreement, subject to any liability under the Pooling and Servicing
Agreement.

     This Certificate does not purport to summarize the Pooling and Servicing
Agreement and reference is made to the Pooling and Servicing Agreement for the
interests, rights and limitations of rights, benefits, obligations and duties
evidenced thereby, and the rights, duties and immunities of the Securities
Administrator.

     Pursuant to the terms of the Pooling and Servicing Agreement, a
distribution will be made on the 25th day of each calendar month (or, if such
day is not a Business Day, the next Business Day) (each, a "Distribution Date"),
commencing on the first Distribution Date specified on the face hereof, to the
Person in whose name this Certificate is registered at the close of business on
the applicable Record Date in an amount required pursuant to the Pooling and
Servicing Agreement.

     On each Distribution Date, the Securities Administrator shall distribute
out of the Certificate Account to each Certificateholder of record on the
related Record Date (other than respecting the final distribution) (a) by check
mailed to such Certificateholder entitled to receive a distribution on such
Distribution Date at the address appearing in the Certificate Register, or (b)
upon written request by the Holder of a Certificate (other than a Residual
Certificate), by wire transfer or by such other means of payment as such
Certificateholder and the Securities Administrator shall agree upon, such
Certificateholder's Percentage Interest in the amount to which the related Class
of Certificates is entitled in accordance with the priorities set forth in
Section 5.02 of the Pooling and Servicing Agreement. The final distribution on
each Certificate will be made in like manner, but only upon presentation and
surrender of such Certificate to the Securities Administrator as contemplated by
Section 10.01 of the Pooling and Servicing Agreement.

     The Pooling and Servicing Agreement permits, with certain exceptions
therein provided, the amendment thereof and the modification of the rights and
obligations of the Securities Administrator and the rights of the
Certificateholders under the Pooling and Servicing Agreement at any time by the
Depositor, the Master Servicer, the Securities Administrator and the Trustee
with the consent of the Holders of Certificates affected by such amendment

                                      C-1

evidencing the requisite Percentage Interest, as provided in the Pooling and
Servicing Agreement. Any such consent by the Holder of this Certificate shall be
conclusive and binding on such Holder and upon all future Holders of this
Certificate and of any Certificate issued upon the transfer hereof or in
exchange therefor or in lieu hereof whether or not notation of such consent is
made upon this Certificate. The Pooling and Servicing Agreement also permits the
amendment thereof, in certain limited circumstances, without the consent of the
Holders of any of the Certificates.

     As provided in the Pooling and Servicing Agreement and subject to certain
limitations therein set forth, the transfer of this Certificate is registrable
in the Certificate Register of the Securities Administrator upon surrender of
this Certificate for registration of transfer at the Corporate Trust Office of
the Securities Administrator accompanied by a written instrument of transfer in
form satisfactory to the Securities Administrator and the Certificate Registrar
duly executed by the Holder hereof or such Holder's attorney duly authorized in
writing, and thereupon one or more new Certificates of the same Class in
authorized denominations and evidencing the same aggregate Percentage Interest
in the Trust will be issued to the designated transferee or transferees.

     The Certificates are issuable only as registered Certificates without
coupons in denominations specified in the Pooling and Servicing Agreement. As
provided in the Pooling and Servicing Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for new
Certificates of the same Class in authorized denominations and evidencing the
same aggregate Percentage Interest, as requested by the Holder surrendering the
same.

     The Exchange REMIC and Exchangeable Certificates are also exchangeable as
provided in the Pooling and Servicing Agreement.

     No service charge will be made for any such registration of transfer or
exchange (other than for an exchange of Exchangeable REMIC or Exchangeable
Certificates), but the Securities Administrator may require payment of a sum
sufficient to cover any tax or other governmental charge payable in connection
therewith.

     The Depositor, the Master Servicer, the Certificate Registrar, the
Securities Administrator and the Trustee and any agent of the Depositor, the
Master Servicer, the Certificate Registrar, the Securities Administrator or the
Trustee may treat the Person in whose name this Certificate is registered as the
owner hereof for all purposes, and none of the Depositor, the Master Servicer,
the Certificate Registrar, the Trustee, the Securities Administrator or any such
agent shall be affected by any notice to the contrary.

     On any Distribution Date on which the aggregate Stated Principal Balance of
the Mortgage Loans is less than 1% of the aggregate Cut-off Date Pool Principal
Balance of such Mortgage Loans, the Master Servicer has the option to purchase
the Mortgage Loans under the conditions set forth in Section 10.01 of the
Pooling and Servicing Agreement. In the event that no such termination occurs,
the obligations and responsibilities created by the Pooling and Servicing
Agreement will terminate upon the later of the maturity or other liquidation (or
any advance with respect thereto) of the last Mortgage Loan remaining in the
Trust or the disposition of all property in respect thereof and the distribution
to Certificateholders of all amounts required

                                      C-2

to be distributed pursuant to the Pooling and Servicing Agreement. In no event
shall the Trust created by the Pooling and Servicing Agreement continue beyond
the expiration of 21 years from the death of the last survivor of the
descendants of Joseph P. Kennedy, the late ambassador of the United States to
the Court of St. James, living on the date thereof.

     Any term used herein that is defined in the Pooling and Servicing Agreement
shall have the meaning assigned in the Pooling and Servicing Agreement, and
nothing herein shall be deemed inconsistent with that meaning.

                                      C-3

     IN WITNESS WHEREOF, the Securities Administrator has caused this
Certificate to be duly executed.

Dated:

                                     WELLS FARGO BANK, N.A.,
                                     as Securities Administrator

                                     By
                                        ----------------------------------------
                                        Authorized Signatory

                          CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the Pooling and Servicing
Agreement referenced herein.

                                     WELLS FARGO BANK, N.A.,
                                     as Securities Administrator

                                     By
                                        ----------------------------------------
                                        Authorized Signatory

                                      C-4

                                   ASSIGNMENT

     FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and
transfer(s) unto

________________________________________________________________________________

________________________________________________________________________________

________________________________________________________________________________

(Please print or typewrite name and address including postal zip code of
assignee)

the Percentage Interest evidenced by the within Certificate and hereby
authorizes the transfer of registration of such Percentage Interest to assignee
on the Certificate Register of the Trust.

     I (We) further direct the Securities Administrator to issue a new
Certificate of a like denomination and Class, to the above named assignee and
deliver such Certificate to the following address:

Dated:

                                     -------------------------------------------
                                     Signature by or on behalf of assignor

                            DISTRIBUTION INSTRUCTIONS

     The assignee should include the following for purposes of distribution:

     Distributions shall be made, by wire transfer or otherwise, in immediately
available funds to ____________________________________________________ for the
account of ___________________, account number _________________________, or, if
mailed by check, to Applicable statements should be mailed to __________

     This information is provided by _____________, the assignee named above,
or, as its agent.

                                      C-5

                                   EXHIBIT D-1
                                  LOAN GROUP 1
                             MORTGAGE LOAN SCHEDULE

                                      D-1-1

  LOANID        OCC        PROPTYPE    OTERM  CORTERM   OLTV    RATE     FPDATE      NDDATE    S_MATDATE      PANDI      PTDATE

1076060760  Primary      SFR            360      333      80     6.5    7/1/2004    9/1/2006    6/1/2034    2,932.80    8/1/2006
1063070604  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    4,399.20    8/1/2006
1063073090  Primary      SFR            360      355    59.6     6.5    5/1/2006    9/1/2006    4/1/2036    3,571.19    8/1/2006
1075064008  Primary      SFR            360      356      90   6.625    6/1/2006    9/1/2006    5/1/2036    2,685.32    8/1/2006
1079072245  Primary      SFR            360      356    78.6     6.5    6/1/2006    9/1/2006    5/1/2036    4,108.45    8/1/2006
1120454140  Primary      SFR            360      355   77.73     6.5    5/1/2006    9/1/2006    4/1/2036    3,507.98    8/1/2006
1136440520  Primary      SFR            360      355   63.83     6.5    5/1/2006    9/1/2006    4/1/2036    3,792.41    8/1/2006
1136443256  Primary      SFR            360      356   74.98   6.625    6/1/2006    9/1/2006    5/1/2036    5,320.98    8/1/2006
1136460131  Primary      SFR            360      355   60.67   6.625    5/1/2006    9/1/2006    4/1/2036    4,078.78    8/1/2006
1136471070  Primary      SFR            360      356      62     6.5    6/1/2006    9/1/2006    5/1/2036    2,939.12    8/1/2006
1169086744  Primary      SFR            360      356   43.18     6.5    6/1/2006   10/1/2006    5/1/2036    3,002.32    9/1/2006
1171285357  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,809.37    8/1/2006
1190350864  Secondary    SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    2,781.10    9/1/2006
1200107394  Primary      PUD            360      356   70.56   6.625    6/1/2006    9/1/2006    5/1/2036    3,614.29    8/1/2006
1212106005  Primary      SFR            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    4,313.86    8/1/2006
1227081892  Primary      SFR            360      355      55     6.5    5/1/2006   10/1/2006    4/1/2036    3,476.37    9/1/2006
1227081983  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,157.92    9/1/2006
1230210406  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    2,955.68    9/1/2006
1231134096  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,387.88    8/1/2006
1234108503  Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,245.67    9/1/2006
1236190345  Primary      PUD            360      356   55.08     6.5    6/1/2006   10/1/2006    5/1/2036    4,108.44    9/1/2006
1263148465  Primary      PUD            360      355    60.1   6.625    5/1/2006   10/1/2006    4/1/2036    3,382.44    9/1/2006
1263150434  Secondary    Condo          360      356      65     6.5    6/1/2006   10/1/2006    5/1/2036    2,958.08    9/1/2006
1264060461  Primary      SFR            360      356    56.5     6.5    6/1/2006    9/1/2006    5/1/2036    3,267.79    8/1/2006
1265075690  Primary      SFR            360      356   55.38     6.5    6/1/2006    9/1/2006    5/1/2036    5,688.61    8/1/2006
1280010293  Primary      SFR            360      356   71.59     6.5    6/1/2006    9/1/2006    5/1/2036    3,520.83    8/1/2006
1303150198  Primary      PUD            360      355   68.46     6.5    5/1/2006    9/1/2006    4/1/2036    3,223.55    8/1/2006
1311599601  Secondary    Condo          360      355   72.01     6.5    5/1/2006   10/1/2006    4/1/2036    3,140.46    9/1/2006
1319142348  Primary      Condo          360      356   76.92     6.5    6/1/2006   10/1/2006    5/1/2036    3,792.41    9/1/2006
1323066287  Primary      Condo          360      355   70.12   6.625    5/1/2006    9/1/2006    4/1/2036    3,588.54    8/1/2006
1323068012  Primary      SFR            360      356   79.27     6.5    6/1/2006    9/1/2006    5/1/2036    4,108.44    8/1/2006
1367114398  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,438.45    8/1/2006
1369135140  Primary      SFR            360      355   59.78     6.5    5/1/2006    9/1/2006    4/1/2036    3,362.60    8/1/2006
1410059178  Primary      SFR            360      355    79.4     6.5    5/1/2006   10/1/2006    4/1/2036    4,045.24    9/1/2006
1412437254  Primary      SFR            360      356   78.64     6.5    6/1/2006    9/1/2006    5/1/2036    2,932.80    8/1/2006
1412443042  Primary      SFR            360      356   79.86     6.5    6/1/2006    9/1/2006    5/1/2036    3,533.26    8/1/2006
1461409947  Primary      SFR            300      295      80   6.625    5/1/2006    9/1/2006    4/1/2031    3,743.05    8/1/2006
1539777186  Primary      PUD            360      355   64.79   6.625    5/1/2006   10/1/2006    4/1/2036    2,945.44    9/1/2006
1539788160  Primary      PUD            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,790.65    8/1/2006
1539790130  Primary      PUD            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    2,965.93    9/1/2006
1539797183  Primary      PUD            360      355      75     6.5    5/1/2006   10/1/2006    4/1/2036    4,503.49    9/1/2006
1539800175  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,432.07    8/1/2006
1574401010  Primary      Condo          360      354      80     6.5    4/1/2006   10/1/2006    3/1/2036    3,286.76    9/1/2006
1574409930  Primary      PUD            360      354   79.99     6.5    4/1/2006    9/1/2006    3/1/2036    3,609.43    8/1/2006
1574421823  Primary      SFR            360      355   66.32     6.5    5/1/2006   10/1/2006    4/1/2036    3,185.63    9/1/2006
1574426893  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    2,621.67    8/1/2006
1574428844  Primary      PUD            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,829.06    9/1/2006
1574430358  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,380.85    9/1/2006
1574430370  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,687.56    8/1/2006
1574435850  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,099.11    9/1/2006
1596749295  Primary      PUD            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    4,803.72    8/1/2006
1596753601  Primary      SFR            360      356   60.94     6.5    6/1/2006    9/1/2006    5/1/2036    3,293.08    8/1/2006
1596753612  Primary      SFR            360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    5,122.49    9/1/2006
1596756155  Primary      SFR            360      355   64.24     6.5    5/1/2006    9/1/2006    4/1/2036    3,451.10    8/1/2006
1596759561  Primary      PUD            360      355      70     6.5    5/1/2006   10/1/2006    4/1/2036    4,150.16    9/1/2006
1596763977  Primary      SFR            360      355   59.77     6.5    5/1/2006   10/1/2006    4/1/2036    3,286.76    9/1/2006
1596764029  Secondary    Condo          360      355   74.87   6.625    5/1/2006   10/1/2006    4/1/2036    3,009.47    9/1/2006
1596765713  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,713.81    9/1/2006
1596767038  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,868.26    8/1/2006
1596768325  Primary      PUD            360      355   79.99   6.625    5/1/2006   10/1/2006    4/1/2036    3,337.31    9/1/2006
1596768722  Primary      PUD            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    2,470.00    8/1/2006
1596769394  Primary      SFR            360      356   55.56     6.5    6/1/2006   10/1/2006    5/1/2036    3,950.43    9/1/2006
1609170819  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,806.38    8/1/2006
1629110718  Primary      Condo          360      356      75     6.5    6/1/2006   10/1/2006    5/1/2036    5,555.88    9/1/2006
1633129083  Primary      PUD            360      350   79.82     6.5   12/1/2005    9/1/2006   11/1/2035    2,724.28    8/1/2006
1676075543  Primary      SFR            360      356    64.1   6.625    6/1/2006    9/1/2006    5/1/2036    3,201.55    8/1/2006
1705045781  Primary      Cooperative    360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,691.28    9/1/2006
1705049534  Primary      Condo          360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,615.43    8/1/2006
1706028540  Primary      SFR            360      354   55.48   6.625    4/1/2006    9/1/2006    3/1/2036    2,753.34    8/1/2006
1706032956  Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,306.98    9/1/2006
1706043806  Primary      Condo          360      355   47.72   6.625    5/1/2006    9/1/2006    4/1/2036    3,009.46    8/1/2006
1706043930  Primary      SFR            360      355   48.89     6.5    5/1/2006    9/1/2006    4/1/2036    2,781.10    8/1/2006
1710025218  Secondary    SFR            360      356   78.42     6.5    6/1/2006    9/1/2006    5/1/2036    3,767.13    8/1/2006
1730090584  Primary      SFR            360      355    37.5     6.5    5/1/2006    9/1/2006    4/1/2036    2,843.75    8/1/2006
1742268479  Primary      SFR            360      355   79.99     6.5    5/1/2006    9/1/2006    4/1/2036    2,637.38    8/1/2006
1742278665  Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    5,688.62    8/1/2006
1742290445  Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    2,817.37    8/1/2006
1742297149  Primary      PUD            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,983.37    8/1/2006
1742299596  Secondary    PUD            360      355   79.93   6.625    5/1/2006    9/1/2006    4/1/2036    2,996.66    8/1/2006
1742300593  Primary      SFR            360      355   50.76     6.5    5/1/2006   10/1/2006    4/1/2036    3,160.35    9/1/2006
1742314430  Primary      SFR            360      356      75     6.5    6/1/2006   10/1/2006    5/1/2036    4,384.98    9/1/2006
1751363084  Primary      PUD            360      354    71.2   6.625    4/1/2006    9/1/2006    3/1/2036    4,194.04    8/1/2006
1752074720  Primary      SFR            360      356   65.19     6.5    6/1/2006   10/1/2006    5/1/2036    2,970.72    9/1/2006
1752074796  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,716.56    8/1/2006
1756031605  Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,033.93    9/1/2006
1756034115  Primary      SFR            360      356   69.92   6.625    6/1/2006   10/1/2006    5/1/2036    2,753.34    9/1/2006
1760365998  Primary      Cooperative    360      352   74.97   6.625    2/1/2006   10/1/2006    1/1/2036    3,681.79    9/1/2006
1760389227  Primary      SFR            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    3,406.85    8/1/2006
1760389522  Primary      SFR            360      351   35.71   6.625    1/1/2006   10/1/2006   12/1/2035    3,201.56    9/1/2006
1760401606  Secondary    Condo          360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    3,790.65    9/1/2006
1760410050  Primary      Condo          360      354   77.14     6.5    4/1/2006    9/1/2006    3/1/2036    2,842.41    8/1/2006
1760413999  Primary      Cooperative    360      354    63.6     6.5    4/1/2006    9/1/2006    3/1/2036    4,582.50    8/1/2006
1760417140  Primary      SFR            360      353   62.94     6.5    3/1/2006    9/1/2006    2/1/2036    3,381.57    8/1/2006
1760422377  Primary      Condo          360      353   66.67     6.5    3/1/2006   10/1/2006    2/1/2036    6,952.75    9/1/2006
1760423256  Primary      Condo          360      354   74.96   6.625    4/1/2006    9/1/2006    3/1/2036    3,009.47    8/1/2006
1760435299  Primary      SFR            360      356   78.83     6.5    6/1/2006    9/1/2006    5/1/2036    2,925.00    8/1/2006
1760439314  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,033.93    8/1/2006
1760442330  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    4,072.38    9/1/2006
1760443606  Primary      SFR            360      355   79.17     6.5    5/1/2006    9/1/2006    4/1/2036    4,108.45    8/1/2006
1760443661  Secondary    Condo          360      355   72.22     6.5    5/1/2006   10/1/2006    4/1/2036    4,108.45    9/1/2006
1760446659  Primary      SFR            360      356   79.92     6.5    6/1/2006    9/1/2006    5/1/2036    3,761.13    8/1/2006
1760446750  Primary      2-Family       360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,640.72    8/1/2006
1760447549  Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    4,195.36    8/1/2006
1760449158  Primary      SFR            360      356   79.85     6.5    6/1/2006    9/1/2006    5/1/2036    3,331.00    8/1/2006
1760450292  Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    4,029.44    8/1/2006
1760452673  Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    2,963.14    9/1/2006
1760461620  Primary      2-Family       360      356   78.87     6.5    6/1/2006    9/1/2006    5/1/2036    3,539.59    8/1/2006
1760463658  Primary      SFR            360      356   77.42     6.5    6/1/2006   10/1/2006    5/1/2036    3,792.41    9/1/2006
1760470314  Primary      SFR            360      356   71.52     6.5    6/1/2006   10/1/2006    5/1/2036    3,729.21    9/1/2006
1761530580  Secondary    SFR            360      355   73.37     6.5    5/1/2006    9/1/2006    4/1/2036    4,266.46    8/1/2006
1781249780  Primary      PUD            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,795.00    8/1/2006
1813278528  Primary      Condo          360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,463.73    9/1/2006
1817452922  Secondary    Condo          360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    3,997.08    9/1/2006
1820235740  Primary      SFR            360      356   52.63     6.5    6/1/2006    9/1/2006    5/1/2036    3,160.34    8/1/2006
1821289938  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    2,945.43    9/1/2006
1826378853  Primary      SFR            360      355   62.22     6.5    5/1/2006    9/1/2006    4/1/2036    3,539.58    8/1/2006
1826410821  Primary      2-Family       360      356   68.31     6.5    6/1/2006    9/1/2006    5/1/2036    4,080.00    8/1/2006
1826412907  Primary      SFR            360      356   68.31     6.5    6/1/2006   10/1/2006    5/1/2036    3,160.34    9/1/2006
1835127504  Secondary    PUD            360      356   44.32     6.5    6/1/2006    9/1/2006    5/1/2036    3,361.34    8/1/2006
1837019794  Primary      PUD            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,326.93    8/1/2006
1844412512  Primary      SFR            360      353      80   6.625    3/1/2006    9/1/2006    2/1/2036    3,150.33    8/1/2006
1844432123  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,958.08    8/1/2006
1844443571  Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,640.72    8/1/2006
1844467059  Primary      PUD            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,738.78    8/1/2006
1845575352  Primary      SFR            360      355      79   6.625    5/1/2006   10/1/2006    4/1/2036    3,793.84    9/1/2006
1846399947  Primary      PUD            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,236.19    9/1/2006
1846415023  Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    4,740.51    8/1/2006
1846423032  Primary      SFR            360      355   79.47   6.625    5/1/2006   10/1/2006    4/1/2036    3,816.26    9/1/2006
1846424090  Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,907.51    8/1/2006
202981064   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    4,045.24    9/1/2006
203299714   Primary      SFR            360      355   53.87   6.625    5/1/2006    9/1/2006    4/1/2036    3,104.23    8/1/2006
144748845   Primary      SFR            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    3,216.60    8/1/2006
203283874   Primary      PUD            360      355   37.83   6.625    5/1/2006    9/1/2006    4/1/2036    3,630.57    8/1/2006
203139670   Primary      PUD            360      354    65.6   6.625    4/1/2006    9/1/2006    3/1/2036    3,360.35    8/1/2006
 35062777   Primary      SFR            360      355   62.22   6.625    5/1/2006    9/1/2006    4/1/2036    3,585.74    8/1/2006
144579612   Primary      PUD            360      355   69.11     6.5    5/1/2006    9/1/2006    4/1/2036    3,634.40    8/1/2006
144607710   Investor     2-Family       360      355   61.73   6.625    5/1/2006    9/1/2006    4/1/2036    5,520.83    8/1/2006
203224548   Primary      SFR            360      355   47.18     6.5    5/1/2006    9/1/2006    4/1/2036    3,280.44    8/1/2006
203273701   Primary      PUD            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    5,486.36    9/1/2006
203127410   Primary      PUD            360      355   61.29   6.625    5/1/2006    9/1/2006    4/1/2036    3,386.61    8/1/2006
134426444   Primary      SFR            341      335   54.55     6.5    4/1/2006    9/1/2006    8/1/2034    2,896.56    8/1/2006
203094503   Investor     2-Family       360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    2,946.67    9/1/2006
144380383   Primary      SFR            360      355   71.67     6.5    5/1/2006    9/1/2006    4/1/2036    4,076.84    8/1/2006
203254339   Primary      PUD            360      355   79.11   6.625    5/1/2006    9/1/2006    4/1/2036    2,445.73    8/1/2006
203185269   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,841.87    8/1/2006
203266051   Primary      PUD            360      355   56.47     6.5    5/1/2006    9/1/2006    4/1/2036    3,033.93    8/1/2006
144716305   Secondary    PUD            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,201.56    8/1/2006
144643020   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,250.00    8/1/2006
203073614   Secondary    PUD            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,842.97    8/1/2006
144746088   Primary      SFR            360      355   73.92     6.5    5/1/2006    9/1/2006    4/1/2036    2,962.92    8/1/2006
203241922   Primary      Condo          360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    3,656.25    8/1/2006
144775848   Primary      PUD            360      355   72.27     6.5    5/1/2006   10/1/2006    4/1/2036    3,088.58    9/1/2006
203161823   Primary      SFR            360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    3,122.58    9/1/2006
203211115   Primary      SFR            360      355   62.24     6.5    5/1/2006    9/1/2006    4/1/2036    3,166.67    8/1/2006
203049374   Primary      SFR            360      355    48.8     6.5    5/1/2006    9/1/2006    4/1/2036    2,312.92    8/1/2006
203229075   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    4,550.89    8/1/2006
144118031   Primary      SFR            360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    4,195.83    9/1/2006
144670098   Investor     Condo          360      354      80     6.5    4/1/2006    9/1/2006    3/1/2036    2,577.79    8/1/2006
144736774   Primary      SFR            360      355   73.53     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.34    8/1/2006
144378429   Primary      SFR            360      355   65.13     6.5    5/1/2006    9/1/2006    4/1/2036    3,520.83    8/1/2006
203147749   Primary      SFR            360      355   63.29     6.5    5/1/2006    9/1/2006    4/1/2036    4,740.51    8/1/2006
144381381   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,778.67    9/1/2006
144632767   Primary      SFR            360      355   48.56   6.625    5/1/2006    9/1/2006    4/1/2036    3,668.98    8/1/2006
 35668714   Primary      PUD            360      355   40.16     6.5    5/1/2006    9/1/2006    4/1/2036    4,822.68    8/1/2006
 33485996   Primary      SFR            360      356    62.5   6.625    6/1/2006   10/1/2006    5/1/2036    6,403.11    9/1/2006
144420585   Primary      SFR            360      356   61.26     6.5    6/1/2006    9/1/2006    5/1/2036    2,903.33    8/1/2006
203350988   Primary      PUD            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    4,838.01    9/1/2006
203003660   Investor     SFR            360      355      70     6.5    5/1/2006    9/1/2006    4/1/2036    3,981.25    8/1/2006
203231675   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,903.33    8/1/2006
203223763   Primary      SFR            360      355   79.99   6.625    5/1/2006    9/1/2006    4/1/2036    2,651.10    8/1/2006
144373313   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,170.61    8/1/2006
144712759   Primary      SFR            360      355    78.9   6.625    5/1/2006    9/1/2006    4/1/2036    2,753.34    8/1/2006
203117460   Primary      SFR            360      354   55.32     6.5    4/1/2006    9/1/2006    3/1/2036    2,816.67    8/1/2006
203234521   Primary      SFR            360      355   47.28     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.34    8/1/2006
203123930   Primary      SFR            360      355   72.76   6.625    5/1/2006    9/1/2006    4/1/2036    2,702.11    8/1/2006
203258785   Primary      SFR            360      355      70   6.625    5/1/2006    9/1/2006    4/1/2036    5,375.64    8/1/2006
203269220   Primary      PUD            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    2,279.33    9/1/2006
203264049   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,387.89    8/1/2006
203144027   Primary      PUD            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    4,030.00    8/1/2006
144746401   Primary      SFR            360      355   74.77     6.5    5/1/2006    9/1/2006    4/1/2036    4,333.33    8/1/2006
203293113   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    5,070.00    8/1/2006
144371135   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,466.67    8/1/2006
203137906   Primary      PUD            360      355   79.05     6.5    5/1/2006    9/1/2006    4/1/2036    3,661.13    8/1/2006
144711702   Primary      SFR            360      355      75     6.5    5/1/2006   10/1/2006    4/1/2036    3,057.63    9/1/2006
144774254   Primary      SFR            360      355   60.06   6.625    5/1/2006    9/1/2006    4/1/2036    2,917.76    8/1/2006
203249008   Primary      SFR            360      356   78.31     6.5    6/1/2006    9/1/2006    5/1/2036    3,520.83    8/1/2006
203238134   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,059.21    8/1/2006
203243878   Primary      Condo          360      355   73.67     6.5    5/1/2006    9/1/2006    4/1/2036    2,970.72    8/1/2006
 32434045   Primary      SFR            360      355   63.14     6.5    5/1/2006    9/1/2006    4/1/2036    3,356.28    8/1/2006
203268594   Primary      Condo          360      355      65     6.5    5/1/2006   11/1/2006    4/1/2036    3,520.83   10/1/2006
 36901296   Primary      PUD            360      355   62.47     6.5    5/1/2006    9/1/2006    4/1/2036    2,605.42    8/1/2006
 37494168   Primary      SFR            360      355      35     6.5    5/1/2006    9/1/2006    4/1/2036    5,530.60    8/1/2006
203091087   Primary      PUD            360      355   51.74     6.5    5/1/2006    9/1/2006    4/1/2036    2,925.00    8/1/2006
 36484087   Secondary    SFR            360      355   57.22     6.5    5/1/2006    9/1/2006    4/1/2036    2,789.58    8/1/2006
203305198   Primary      SFR            360      355    62.5     6.5    5/1/2006    9/1/2006    4/1/2036    2,545.83    8/1/2006
144736386   Primary      SFR            360      355      50   6.625    5/1/2006   10/1/2006    4/1/2036    4,802.34    9/1/2006
144935277   Primary      SFR            360      355   26.67     6.5    5/1/2006    9/1/2006    4/1/2036    5,416.67    8/1/2006
144668670   Primary      SFR            360      354      75     6.5    4/1/2006    9/1/2006    3/1/2036    3,412.50    8/1/2006
144639457   Primary      PUD            360      355      70     6.5    5/1/2006    9/1/2006    4/1/2036    2,957.50    8/1/2006
203378997   Primary      2-Family       360      355   43.41     6.5    5/1/2006    9/1/2006    4/1/2036    3,033.33    8/1/2006
203241674   Secondary    SFR            360      355   53.76   6.625    5/1/2006    9/1/2006    4/1/2036    4,802.34    8/1/2006
203145156   Primary      SFR            360      355   76.05     6.5    5/1/2006    9/1/2006    4/1/2036    5,416.67    8/1/2006
144380615   Secondary    SFR            360      355      65     6.5    5/1/2006    9/1/2006    4/1/2036    5,281.25    8/1/2006
144746344   Primary      SFR            360      355   66.11   6.625    5/1/2006   10/1/2006    4/1/2036    3,284.90    9/1/2006
 35979236   Primary      PUD            360      355      75   6.625    5/1/2006    9/1/2006    4/1/2036    5,463.97    8/1/2006
203206651   Primary      PUD            360      355   65.72     6.5    5/1/2006    9/1/2006    4/1/2036    4,108.45    8/1/2006
144294519   Primary      SFR            360      353   65.22     6.5    3/1/2006    9/1/2006    2/1/2036    4,059.99    8/1/2006
144745528   Primary      SFR            360      355    65.5     6.5    5/1/2006    9/1/2006    4/1/2036    4,968.06    8/1/2006
144554300   Primary      SFR            360      354   51.73   6.625    4/1/2006    9/1/2006    3/1/2036    5,283.35    8/1/2006
203123682   Primary      PUD            360      355   69.44     6.5    5/1/2006    9/1/2006    4/1/2036    2,708.33    8/1/2006
144671930   Primary      Condo          360      355      70     6.5    5/1/2006    9/1/2006    4/1/2036    6,238.52    8/1/2006
203167176   Secondary    Condo          360      355      70   6.625    5/1/2006    9/1/2006    4/1/2036    3,516.77    8/1/2006
144607603   Primary      SFR            360      354   57.05     6.5    4/1/2006   10/1/2006    3/1/2036    2,255.43    9/1/2006
203221700   Primary      PUD            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    2,857.29    8/1/2006
144749512   Primary      PUD            360      355   74.45     6.5    5/1/2006    9/1/2006    4/1/2036    2,621.40    8/1/2006
203061031   Primary      SFR            360      354      70     6.5    4/1/2006    9/1/2006    3/1/2036    2,737.58    8/1/2006
203201322   Primary      SFR            360      355   70.07     6.5    5/1/2006   10/1/2006    4/1/2036    3,033.93    9/1/2006
144099744   Primary      SFR            360      354   79.99     6.5    4/1/2006    9/1/2006    3/1/2036    2,605.42    8/1/2006
203142484   Primary      2-Family       360      355      70     6.5    5/1/2006    9/1/2006    4/1/2036    4,550.00    8/1/2006
144860202   Primary      SFR            360      355   66.14     6.5    5/1/2006    9/1/2006    4/1/2036    4,494.01    8/1/2006
144936259   Primary      SFR            360      355   75.76     6.5    5/1/2006   10/1/2006    4/1/2036    2,708.33    9/1/2006
203196324   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,889.19    8/1/2006
203198189   Primary      PUD            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    4,010.91    8/1/2006
144545670   Primary      SFR            360      355   60.19   6.625    5/1/2006    9/1/2006    4/1/2036    8,131.95    8/1/2006
144573102   Primary      SFR            360      355   53.49     6.5    5/1/2006    9/1/2006    4/1/2036    7,268.79    8/1/2006
144745577   Primary      PUD            360      355   68.57     6.5    5/1/2006    9/1/2006    4/1/2036    2,600.00    8/1/2006
203128095   Primary      SFR            360      355   52.73     6.5    5/1/2006    9/1/2006    4/1/2036    3,141.67    8/1/2006
203127600   Primary      SFR            360      355   64.75     6.5    5/1/2006    9/1/2006    4/1/2036    2,437.50    8/1/2006
 31734759   Primary      SFR            360      355   56.81     6.5    5/1/2006   10/1/2006    4/1/2036    4,154.58    9/1/2006
 36254654   Primary      SFR            360      354    75.5     6.5    4/1/2006   10/1/2006    3/1/2036    2,437.50    9/1/2006
144586971   Primary      SFR            360      355      70     6.5    5/1/2006   10/1/2006    4/1/2036    2,843.75    9/1/2006
144737772   Primary      SFR            360      355   59.63   6.625    5/1/2006    9/1/2006    4/1/2036    2,666.56    8/1/2006
144612512   Primary      SFR            360      355   68.42     6.5    5/1/2006    9/1/2006    4/1/2036    3,520.83    8/1/2006
144602224   Primary      PUD            360      354   79.45     6.5    4/1/2006   10/1/2006    3/1/2036    3,120.00    9/1/2006
144608908   Primary      SFR            360      355   74.67   6.625    5/1/2006   10/1/2006    4/1/2036    3,091.67    9/1/2006
144607694   Primary      SFR            360      354   68.24     6.5    4/1/2006    9/1/2006    3/1/2036    2,513.33    8/1/2006
203065693   Primary      SFR            360      354    63.7     6.5    4/1/2006    9/1/2006    3/1/2036    3,640.00    8/1/2006
203114509   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    2,627.92    8/1/2006
203203088   Primary      SFR            360      355   64.37     6.5    5/1/2006    9/1/2006    4/1/2036    7,583.33    8/1/2006
203198874   Primary      PUD            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,423.33    8/1/2006
144264165   Primary      SFR            360      355   79.76     6.5    5/1/2006    9/1/2006    4/1/2036    3,629.17    8/1/2006
 31612781   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,250.00    8/1/2006
 34398206   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    5,562.20    9/1/2006
 34569731   Primary      SFR            360      356    54.1     6.5    6/1/2006    9/1/2006    5/1/2036    2,930.42    8/1/2006
 35230473   Primary      PUD            360      356   53.47     6.5    6/1/2006    9/1/2006    5/1/2036    3,988.35    8/1/2006
 35982412   Primary      PUD            360      356   78.95     6.5    6/1/2006    9/1/2006    5/1/2036    4,062.50    8/1/2006
 36337772   Primary      SFR            360      354   75.87     6.5    4/1/2006   10/1/2006    3/1/2036    2,486.25    9/1/2006
 36615664   Primary      SFR            360      356   51.61     6.5    6/1/2006    9/1/2006    5/1/2036    5,056.54    8/1/2006
 36835189   Primary      SFR            360      356   73.03   6.625    6/1/2006   10/1/2006    5/1/2036    5,520.83    9/1/2006
 36857464   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,135.06    9/1/2006
 36915361   Secondary    SFR            360      356   57.58   6.625    6/1/2006    9/1/2006    5/1/2036    3,502.50    8/1/2006
 37105293   Primary      SFR            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    2,654.17    8/1/2006
143272755   Primary      SFR            352      348      80     6.5    6/1/2006   11/1/2006    9/1/2035    2,643.84   10/1/2006
143909257   Primary      PUD            360      356   79.99     6.5    6/1/2006    9/1/2006    5/1/2036    3,156.55    8/1/2006
143909331   Primary      SFR            360      356   67.39   6.625    6/1/2006   10/1/2006    5/1/2036    3,328.69    9/1/2006
144090727   Primary      PUD            360      357   68.49     6.5    7/1/2006   10/1/2006    6/1/2036    5,416.67    9/1/2006
144106150   Primary      SFR            360      356   50.82     6.5    6/1/2006    9/1/2006    5/1/2036    3,533.27    8/1/2006
144111507   Primary      PUD            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,181.39    8/1/2006
144116860   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,124.72    8/1/2006
144393246   Investor     PUD            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,631.85    9/1/2006
144554607   Primary      SFR            360      356   69.23   6.625    6/1/2006   10/1/2006    5/1/2036    5,762.80    9/1/2006
144554631   Primary      SFR            360      356   73.73     6.5    6/1/2006   10/1/2006    5/1/2036    2,994.88    9/1/2006
144635638   Primary      SFR            360      356   71.51   6.625    6/1/2006   10/1/2006    5/1/2036    3,000.57    9/1/2006
144636503   Primary      SFR            360      355   75.61     6.5    5/1/2006    9/1/2006    4/1/2036    2,724.22    8/1/2006
144672607   Primary      SFR            360      356   66.67     6.5    6/1/2006    9/1/2006    5/1/2036    5,416.67    8/1/2006
144672623   Primary      SFR            360      356      75     6.5    6/1/2006    9/1/2006    5/1/2036    4,076.84    8/1/2006
144767118   Primary      SFR            360      356   69.53   6.625    6/1/2006   11/1/2006    5/1/2036    3,628.65   10/1/2006
144767597   Primary      Condo          360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,666.00    8/1/2006
144767951   Primary      SFR            360      356   73.05   6.625    6/1/2006    9/1/2006    5/1/2036    3,297.61    8/1/2006
144768041   Primary      PUD            360      356      75   6.625    6/1/2006   10/1/2006    5/1/2036    2,761.35    9/1/2006
144768181   Primary      SFR            360      356   62.12     6.5    6/1/2006   10/1/2006    5/1/2036    4,441.67    9/1/2006
144774189   Primary      SFR            360      356   55.45     6.5    6/1/2006    9/1/2006    5/1/2036    3,504.82    8/1/2006
144774338   Primary      SFR            360      356   71.43     6.5    6/1/2006    9/1/2006    5/1/2036    3,160.34    8/1/2006
144860905   Primary      SFR            360      356   72.44     6.5    6/1/2006    9/1/2006    5/1/2036    2,844.83    8/1/2006
144864337   Primary      SFR            360      356   63.73     6.5    6/1/2006    9/1/2006    5/1/2036    2,698.94    8/1/2006
144942380   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    4,070.52    8/1/2006
144956034   Primary      PUD            360      356      70   6.625    6/1/2006   10/1/2006    5/1/2036    4,251.04    9/1/2006
144958352   Primary      SFR            360      356   72.24   6.625    6/1/2006    9/1/2006    5/1/2036    5,666.76    8/1/2006
144959020   Primary      SFR            360      356      75   6.625    6/1/2006    9/1/2006    5/1/2036    4,081.99    8/1/2006
144959657   Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    5,344.17    8/1/2006
144961794   Primary      PUD            360      356      69   6.625    6/1/2006    9/1/2006    5/1/2036    4,329.79    8/1/2006
144966009   Primary      Condo          360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,023.82    8/1/2006
144970159   Primary      PUD            360      356    77.5   6.625    6/1/2006    9/1/2006    5/1/2036    3,969.93    8/1/2006
202977922   Primary      PUD            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,830.34    9/1/2006
203060538   Primary      PUD            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,210.91    9/1/2006
203074711   Primary      SFR            360      356   67.83     6.5    6/1/2006    9/1/2006    5/1/2036    4,225.00    8/1/2006
203089537   Secondary    SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,713.80    8/1/2006
203122049   Primary      SFR            360      356   78.61     6.5    6/1/2006    9/1/2006    5/1/2036    6,320.05    8/1/2006
203135975   Primary      SFR            360      356   64.52     6.5    6/1/2006    9/1/2006    5/1/2036    2,708.33    8/1/2006
203137476   Primary      SFR            360      356      75   6.625    6/1/2006    9/1/2006    5/1/2036    3,625.77    8/1/2006
203157714   Primary      PUD            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,841.87    8/1/2006
203169560   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    2,383.33    8/1/2006
203180872   Primary      PUD            360      355   51.28     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.34    8/1/2006
203208087   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,951.76    8/1/2006
203209515   Primary      SFR            360      356   68.42   6.625    6/1/2006   10/1/2006    5/1/2036    3,588.54    9/1/2006
203216387   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    2,491.67    9/1/2006
203217435   Primary      SFR            360      355   78.19   6.625    5/1/2006   10/1/2006    4/1/2036    5,520.83    9/1/2006
203231899   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,382.83    8/1/2006
203233275   Primary      PUD            360      356      70   6.625    6/1/2006    9/1/2006    5/1/2036    3,226.54    8/1/2006
203244330   Primary      SFR            360      356   74.81     6.5    6/1/2006   10/1/2006    5/1/2036    4,610.01    9/1/2006
203245253   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,413.17    9/1/2006
203247531   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    5,118.17    8/1/2006
203247671   Primary      SFR            360      356    57.5     6.5    6/1/2006    9/1/2006    5/1/2036    3,737.50    8/1/2006
203251475   Primary      SFR            360      356   33.33     6.5    6/1/2006   10/1/2006    5/1/2036    2,437.50    9/1/2006
203255914   Primary      SFR            360      356   66.13   6.625    6/1/2006   11/1/2006    5/1/2036    3,432.07   10/1/2006
203261755   Primary      SFR            360      356   66.23     6.5    6/1/2006    9/1/2006    5/1/2036    2,721.06    8/1/2006
203264239   Primary      SFR            360      356      50     6.5    6/1/2006    9/1/2006    5/1/2036    3,250.00    8/1/2006
203266424   Primary      SFR            360      355   79.99   6.625    5/1/2006   10/1/2006    4/1/2036    3,053.00    9/1/2006
203266655   Primary      Condo          360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    4,033.96    8/1/2006
203272414   Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,022.27    9/1/2006
203274907   Secondary    SFR            360      356   61.11   6.625    6/1/2006    9/1/2006    5/1/2036    4,104.40    8/1/2006
203276050   Primary      2-Family       360      356   61.84     6.5    6/1/2006   10/1/2006    5/1/2036    3,818.75    9/1/2006
203279336   Primary      SFR            360      355    73.5     6.5    5/1/2006    9/1/2006    4/1/2036    2,717.89    8/1/2006
203284302   Primary      SFR            360      356      50   6.625    6/1/2006    9/1/2006    5/1/2036    4,482.18    8/1/2006
203284591   Primary      SFR            360      356   58.31     6.5    6/1/2006   10/1/2006    5/1/2036    3,059.21    9/1/2006
203291257   Primary      PUD            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    4,571.67    8/1/2006
203291885   Primary      SFR            360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    2,694.17    9/1/2006
203296389   Primary      SFR            360      356   55.71     6.5    6/1/2006   10/1/2006    5/1/2036    2,640.63    9/1/2006
203299441   Primary      SFR            360      356   69.96   6.625    6/1/2006    9/1/2006    5/1/2036    3,016.58    8/1/2006
203299862   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,014.58    8/1/2006
203300066   Primary      SFR            360      356   78.79     6.5    6/1/2006    9/1/2006    5/1/2036    4,108.45    8/1/2006
203301353   Secondary    SFR            360      356   49.38     6.5    6/1/2006   10/1/2006    5/1/2036    5,056.54    9/1/2006
203303250   Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    4,990.83    8/1/2006
203303995   Primary      SFR            360      356   33.91     6.5    6/1/2006    9/1/2006    5/1/2036    4,225.00    8/1/2006
203305651   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    2,578.33    9/1/2006
203307822   Primary      SFR            360      356   72.38     6.5    6/1/2006    9/1/2006    5/1/2036    4,803.72    8/1/2006
203308507   Primary      SFR            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    3,344.91    8/1/2006
203310362   Primary      SFR            360      356    75.5     6.5    6/1/2006    9/1/2006    5/1/2036    2,863.27    8/1/2006
203316658   Primary      PUD            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    2,766.15    8/1/2006
203326038   Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,268.33    8/1/2006
203327937   Primary      SFR            360      356   76.86     6.5    6/1/2006    9/1/2006    5/1/2036    2,939.12    8/1/2006
203328661   Primary      SFR            360      356   56.77     6.5    6/1/2006    9/1/2006    5/1/2036    4,766.67    8/1/2006
203335070   Primary      SFR            360      356   63.53     6.5    6/1/2006   10/1/2006    5/1/2036    3,413.17    9/1/2006
203336219   Primary      SFR            360      356      75     6.5    6/1/2006    9/1/2006    5/1/2036    2,640.63    8/1/2006
203337514   Primary      SFR            360      356   52.63   6.625    6/1/2006    9/1/2006    5/1/2036    2,760.42    8/1/2006
203339205   Primary      PUD            360      356      70     6.5    6/1/2006   10/1/2006    5/1/2036    5,309.38    9/1/2006
203343314   Primary      PUD            360      355   66.93     6.5    5/1/2006    9/1/2006    4/1/2036    3,172.98    8/1/2006
203344783   Primary      PUD            360      356   63.69   6.625    6/1/2006    9/1/2006    5/1/2036    4,482.92    8/1/2006
203346515   Primary      SFR            360      356      75   6.625    6/1/2006   10/1/2006    5/1/2036    3,478.12    9/1/2006
203347331   Primary      SFR            360      356   59.56   6.625    6/1/2006   10/1/2006    5/1/2036    4,290.09    9/1/2006
203349956   Primary      SFR            360      356   68.28   6.625    6/1/2006   10/1/2006    5/1/2036    3,585.11    9/1/2006
203350574   Primary      SFR            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    5,346.25    8/1/2006
203354857   Primary      SFR            360      356    72.2   6.625    6/1/2006   10/1/2006    5/1/2036    3,097.50    9/1/2006
203358098   Primary      SFR            360      356      75     6.5    6/1/2006   10/1/2006    5/1/2036    2,844.31    9/1/2006
203358411   Secondary    SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    2,543.67    9/1/2006
203358445   Primary      PUD            360      356   73.79     6.5    6/1/2006   10/1/2006    5/1/2036    2,897.92    9/1/2006
203362496   Primary      SFR            360      356   72.73     6.5    6/1/2006    9/1/2006    5/1/2036    5,416.67    8/1/2006
203366331   Primary      PUD            360      356      70   6.625    6/1/2006    9/1/2006    5/1/2036    3,207.60    8/1/2006
203369467   Primary      SFR            360      356   62.84   6.625    6/1/2006    9/1/2006    5/1/2036    2,567.19    8/1/2006
203370069   Primary      PUD            360      356   71.68   6.625    6/1/2006    9/1/2006    5/1/2036    3,422.92    8/1/2006
203388806   Primary      SFR            360      356   61.08   6.625    6/1/2006   10/1/2006    5/1/2036    2,997.81    9/1/2006
203390836   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,210.65    9/1/2006
203393095   Primary      SFR            360      356   65.24     6.5    6/1/2006    9/1/2006    5/1/2036    2,897.92    8/1/2006
203394135   Primary      SFR            360      356      80   6.625    6/1/2006   11/1/2006    5/1/2036    4,306.25   10/1/2006
203399985   Primary      SFR            360      356   38.73     6.5    6/1/2006    9/1/2006    5/1/2036    2,979.17    8/1/2006
203403225   Primary      SFR            360      356   61.54   6.625    6/1/2006    9/1/2006    5/1/2036    5,520.83    8/1/2006
203403886   Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    4,248.83    8/1/2006
203405303   Primary      SFR            360      356   71.86   6.625    6/1/2006    9/1/2006    5/1/2036    3,312.50    8/1/2006
203408141   Primary      PUD            360      356   77.44     6.5    6/1/2006    9/1/2006    5/1/2036    3,255.16    8/1/2006
203409032   Primary      SFR            360      356   77.78   6.625    6/1/2006    9/1/2006    5/1/2036    2,898.44    8/1/2006
203419965   Primary      PUD            360      356   78.13   6.625    6/1/2006    9/1/2006    5/1/2036    2,760.42    8/1/2006
203426218   Primary      SFR            360      356   69.24   6.625    6/1/2006    9/1/2006    5/1/2036    3,329.62    8/1/2006
203445671   Primary      SFR            360      356    59.4     6.5    6/1/2006    9/1/2006    5/1/2036    2,774.78    8/1/2006
203453477   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    5,416.66    8/1/2006
203474531   Primary      PUD            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    3,457.68    8/1/2006
203352976   Primary      SFR            360      357   88.29     6.5    7/1/2006   10/1/2006    6/1/2036    2,941.64    9/1/2006
 31052731   Primary      SFR            360      357   69.23   6.625    7/1/2006   10/1/2006    6/1/2036    5,762.80    9/1/2006
143269587   Primary      SFR            348      344   78.62     6.5    6/1/2006    9/1/2006    5/1/2035    2,914.81    8/1/2006
203517586   Primary      PUD            360      357   71.51   6.625    7/1/2006    9/1/2006    6/1/2036    2,972.57    8/1/2006
144126067   Primary      SFR            360      357   25.71   6.625    7/1/2006    9/1/2006    6/1/2036    4,968.75    8/1/2006
203424817   Primary      PUD            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    3,099.11    9/1/2006
203406251   Primary      SFR            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    4,364.36    9/1/2006
203408539   Secondary    PUD            360      356   79.99   6.625    6/1/2006   10/1/2006    5/1/2036    2,981.93    9/1/2006
203241252   Primary      SFR            360      356    39.1   6.625    6/1/2006    9/1/2006    5/1/2036    2,870.83    8/1/2006
144978194   Primary      PUD            360      357   66.73     6.5    7/1/2006    9/1/2006    6/1/2036    2,844.31    8/1/2006
203456223   Primary      SFR            360      357   61.11     6.5    7/1/2006   10/1/2006    6/1/2036    3,476.38    9/1/2006
144831708   Primary      SFR            360      357      70   6.625    7/1/2006    9/1/2006    6/1/2036    3,339.23    8/1/2006
203430434   Primary      SFR            360      357   67.57   6.625    7/1/2006    9/1/2006    6/1/2036    3,450.52    8/1/2006
 36979664   Primary      SFR            360      357   62.34   6.625    7/1/2006    9/1/2006    6/1/2036    3,412.86    8/1/2006
203444864   Primary      SFR            360      357    58.8   6.625    7/1/2006   10/1/2006    6/1/2036    3,501.90    9/1/2006
203410915   Primary      2-Family       360      356      65     6.5    6/1/2006    9/1/2006    5/1/2036    5,443.69    8/1/2006
144121472   Primary      PUD            360      357   69.85   6.625    7/1/2006   10/1/2006    6/1/2036    3,028.68    9/1/2006
203389614   Primary      SFR            360      357   69.39     6.5    7/1/2006    9/1/2006    6/1/2036    2,762.50    8/1/2006
203384631   Primary      PUD            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,084.49    9/1/2006
203184981   Primary      SFR            360      357   19.23     6.5    7/1/2006   10/1/2006    6/1/2036    4,740.51    9/1/2006
203449111   Primary      SFR            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    4,507.79    9/1/2006
144125465   Primary      PUD            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    4,173.75    8/1/2006
203379110   Primary      PUD            360      357      55   6.625    7/1/2006    9/1/2006    6/1/2036    3,036.46    8/1/2006
203536735   Secondary    SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    4,019.95    9/1/2006
203478409   Primary      SFR            360      357   61.11     6.5    7/1/2006    9/1/2006    6/1/2036    4,468.75    8/1/2006
203447669   Primary      SFR            360      357      50     6.5    7/1/2006    9/1/2006    6/1/2036    2,844.31    8/1/2006
203575287   Primary      SFR            360      357   79.33   6.625    7/1/2006    9/1/2006    6/1/2036    3,022.27    8/1/2006
203425392   Primary      SFR            360      357   52.63     6.5    7/1/2006    9/1/2006    6/1/2036    6,320.69    8/1/2006
203492574   Primary      SFR            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    3,227.17    9/1/2006
203524145   Primary      SFR            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    3,278.40    9/1/2006
 37007275   Primary      SFR            360      356   78.57     6.5    6/1/2006    9/1/2006    5/1/2036    4,171.65    8/1/2006
203483276   Primary      SFR            360      357   79.47   6.625    7/1/2006    9/1/2006    6/1/2036    3,312.50    8/1/2006
203293220   Secondary    SFR            360      357   69.89     6.5    7/1/2006   10/1/2006    6/1/2036    4,108.44    9/1/2006
145172235   Primary      SFR            360      357      80     6.5    7/1/2006   10/1/2006    6/1/2036    2,932.80    9/1/2006
144985132   Primary      SFR            360      357    40.5     6.5    7/1/2006    9/1/2006    6/1/2036    3,855.62    8/1/2006
203434188   Primary      SFR            360      357   60.76   6.625    7/1/2006    9/1/2006    6/1/2036    3,102.71    8/1/2006
203490925   Primary      PUD            360      357    61.9   6.625    7/1/2006    9/1/2006    6/1/2036    2,913.41    8/1/2006
203380464   Primary      SFR            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,514.30    8/1/2006
203482989   Primary      SFR            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    3,073.50    9/1/2006
144939709   Primary      SFR            360      357   69.34     6.5    7/1/2006   10/1/2006    6/1/2036    2,673.65    9/1/2006
203451893   Primary      PUD            360      356      70     6.5    6/1/2006    9/1/2006    5/1/2036    3,729.84    8/1/2006
203455654   Primary      SFR            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,741.85    8/1/2006
203230982   Secondary    Condo          360      357   61.11   6.625    7/1/2006   10/1/2006    6/1/2036    3,521.71    9/1/2006
203448527   Primary      SFR            360      357   77.47   6.625    7/1/2006   10/1/2006    6/1/2036    4,162.03    9/1/2006
203560214   Primary      SFR            360      357   48.33   6.625    7/1/2006    9/1/2006    6/1/2036    3,713.81    8/1/2006
203493986   Primary      SFR            360      357   78.08   6.625    7/1/2006    9/1/2006    6/1/2036    3,249.58    8/1/2006
144996881   Primary      SFR            360      357   75.22     6.5    7/1/2006    9/1/2006    6/1/2036    2,686.29    8/1/2006
203453766   Primary      SFR            360      357   70.55     6.5    7/1/2006    9/1/2006    6/1/2036    3,634.40    8/1/2006
144379344   Primary      SFR            360      356   77.32   6.625    6/1/2006    9/1/2006    5/1/2036    3,515.31    8/1/2006
144554813   Primary      SFR            360      357   64.19     6.5    7/1/2006   10/1/2006    6/1/2036    3,002.33    9/1/2006
144967783   Primary      SFR            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    4,354.12    8/1/2006
203490479   Primary      SFR            360      357      70     6.5    7/1/2006    9/1/2006    6/1/2036    3,176.78    8/1/2006
203375746   Primary      PUD            360      357   75.07   6.625    7/1/2006   10/1/2006    6/1/2036    3,980.18    9/1/2006
203441084   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,767.13    8/1/2006
203220314   Primary      PUD            360      357   32.45   6.625    7/1/2006   10/1/2006    6/1/2036    5,122.49    9/1/2006
203397963   Primary      SFR            360      357   79.83     6.5    7/1/2006   10/1/2006    6/1/2036    3,002.32    9/1/2006
203439393   Primary      SFR            360      357   64.71   6.625    7/1/2006    9/1/2006    6/1/2036    3,521.71    8/1/2006
203465695   Primary      SFR            360      357   61.54     6.5    7/1/2006    9/1/2006    6/1/2036    5,056.55    8/1/2006
 35596063   Primary      SFR            360      357   71.32   6.625    7/1/2006    9/1/2006    6/1/2036    3,105.51    8/1/2006
203388327   Primary      SFR            360      356    22.5     6.5    6/1/2006    9/1/2006    5/1/2036    3,982.03    8/1/2006
202958641   Primary      Condo          360      357      50   6.625    7/1/2006    9/1/2006    6/1/2036    4,162.02    8/1/2006
145166534   Primary      SFR            360      357   39.11     6.5    7/1/2006   10/1/2006    6/1/2036    6,320.69    9/1/2006
203408075   Primary      PUD            360      357   55.68   6.625    7/1/2006   10/1/2006    6/1/2036    4,706.29    9/1/2006
144992146   Primary      PUD            360      357   69.57     6.5    7/1/2006    9/1/2006    6/1/2036    3,539.59    8/1/2006
145002325   Primary      SFR            360      357   67.78     6.5    7/1/2006    9/1/2006    6/1/2036    3,304.17    8/1/2006
203480181   Primary      SFR            360      357   38.05   6.625    7/1/2006    9/1/2006    6/1/2036    5,359.41    8/1/2006
203217633   Primary      SFR            360      357   52.33   6.625    7/1/2006   10/1/2006    6/1/2036    5,026.44    9/1/2006
145166542   Primary      SFR            360      357      70     6.5    7/1/2006    9/1/2006    6/1/2036    5,707.58    8/1/2006
203416227   Primary      SFR            360      357   67.36   6.625    7/1/2006    9/1/2006    6/1/2036    4,162.02    8/1/2006
203491030   Primary      SFR            360      357   33.71   6.625    7/1/2006    9/1/2006    6/1/2036    3,668.99    8/1/2006
203346432   Primary      PUD            360      356   55.71   6.625    6/1/2006    9/1/2006    5/1/2036    3,745.82    8/1/2006
203426457   Primary      SFR            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    3,626.72    8/1/2006
203312814   Primary      PUD            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,387.88    8/1/2006
3061704031  Primary      PUD            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    5,014.92    9/1/2006
3062117696  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    4,763.40    8/1/2006
 47468202   Primary      SFR            360      356   66.46     6.5    6/1/2006    9/1/2006    5/1/2036    3,906.81    8/1/2006
 66733437   Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,560.13    8/1/2006
3050908965  Primary      SFR            360      356   71.69     6.5    6/1/2006    9/1/2006    5/1/2036    2,673.65    8/1/2006
3060729393  Primary      SFR            360      351   69.62   6.625    1/1/2006    9/1/2006   12/1/2035    3,521.71    8/1/2006
3061035808  Primary      SFR            360      356      80   6.625    6/1/2006   10/1/2006    5/1/2036    3,022.27    9/1/2006
3061036533  Primary      PUD            360      356      70   6.625    6/1/2006    9/1/2006    5/1/2036    3,092.70    8/1/2006
3061038240  Primary      PUD            360      357   66.54     6.5    7/1/2006    9/1/2006    6/1/2036    3,280.43    8/1/2006
3061469239  Primary      SFR            360      356   54.59     6.5    6/1/2006    9/1/2006    5/1/2036    2,743.18    8/1/2006
3061482620  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,842.97    8/1/2006
3061486530  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    4,610.24    8/1/2006
3061491589  Primary      SFR            360      356   45.79     6.5    6/1/2006    9/1/2006    5/1/2036    3,097.13    8/1/2006
3061551135  Primary      SFR            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,286.75    8/1/2006
3061724443  Primary      SFR            360      356   46.29   6.625    6/1/2006   10/1/2006    5/1/2036    7,779.78    9/1/2006
3061823849  Primary      SFR            360      356   62.67   6.625    6/1/2006   10/1/2006    5/1/2036    3,009.46    9/1/2006
3062197326  Primary      SFR            360      357   48.08     6.5    7/1/2006    9/1/2006    6/1/2036    3,950.43    8/1/2006
3062314830  Primary      SFR            360      356   52.78   6.625    6/1/2006   10/1/2006    5/1/2036   12,165.91    9/1/2006
3062389568  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    4,242.44    8/1/2006
3062389766  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,787.35    8/1/2006
3062391937  Primary      SFR            360      356   63.38   6.625    6/1/2006    9/1/2006    5/1/2036    5,762.80    8/1/2006
3062392497  Primary      SFR            360      357   64.35   6.625    7/1/2006    9/1/2006    6/1/2036    3,502.50    8/1/2006
3062393651  Primary      SFR            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    4,763.91    8/1/2006
3062485648  Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,135.06    9/1/2006
3062491018  Primary      SFR            360      356   73.14     6.5    6/1/2006    9/1/2006    5/1/2036    3,370.19    8/1/2006
3062499904  Primary      PUD            360      356   79.99     6.5    6/1/2006    9/1/2006    5/1/2036    2,980.83    8/1/2006
3062506708  Primary      SFR            360      357      80   6.625    7/1/2006   10/1/2006    6/1/2036    2,971.04    9/1/2006
3062587450  Primary      SFR            360      357      70     6.5    7/1/2006    9/1/2006    6/1/2036    2,964.40    8/1/2006
3062638329  Primary      SFR            360      356   50.47     6.5    6/1/2006    9/1/2006    5/1/2036    3,381.56    8/1/2006
3062680602  Primary      SFR            360      356   68.28   6.625    6/1/2006    9/1/2006    5/1/2036    7,152.27    8/1/2006
3062713718  Primary      SFR            360      356   68.67   6.625    6/1/2006    9/1/2006    5/1/2036    3,297.60    8/1/2006
3062713874  Primary      SFR            360      356   76.41     6.5    6/1/2006    9/1/2006    5/1/2036    3,501.66    8/1/2006
3062724871  Primary      SFR            360      357      65     6.5    7/1/2006    9/1/2006    6/1/2036    3,188.15    8/1/2006
3062772508  Primary      Condo          360      357   78.05   6.625    7/1/2006    9/1/2006    6/1/2036    4,097.99    8/1/2006
3062803618  Primary      SFR            360      357   71.88   6.625    7/1/2006   10/1/2006    6/1/2036    2,945.43    9/1/2006
3062808948  Primary      SFR            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,286.75    8/1/2006
642576235   Primary      SFR            360      356      75   6.625    6/1/2006   10/1/2006    5/1/2036    3,140.73    9/1/2006
3062231307  Primary      PUD            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    6,067.85    8/1/2006
3061874206  Primary      SFR            360      356   56.54   6.625    6/1/2006    9/1/2006    5/1/2036    3,294.40    8/1/2006
3060737727  Primary      SFR            360      356   54.71   6.625    6/1/2006    9/1/2006    5/1/2036    5,954.89    8/1/2006
642543755   Primary      SFR            360      357   79.87     6.5    7/1/2006   10/1/2006    6/1/2036    3,760.80    9/1/2006
3062324151  Primary      SFR            240      236   75.56   6.625    6/1/2006    9/1/2006    5/1/2026    3,840.05    8/1/2006
3062345362  Primary      SFR            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    3,137.52    8/1/2006
3061963124  Primary      SFR            240      236   65.89     6.5    6/1/2006    9/1/2006    5/1/2026    3,438.58    8/1/2006
3061783647  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    4,097.99    8/1/2006
642650311   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    2,755.82    9/1/2006
3062515188  Primary      SFR            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    4,424.48    8/1/2006
642538292   Secondary    PUD            360      357   71.92   6.625    7/1/2006    9/1/2006    6/1/2036    4,674.27    8/1/2006
3061727818  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    6,403.11    8/1/2006
3060556242  Primary      SFR            360      357   73.25     6.5    7/1/2006    9/1/2006    6/1/2036    2,812.70    8/1/2006
3061165324  Primary      SFR            360      357      80     6.5    7/1/2006   10/1/2006    6/1/2036    4,904.85    9/1/2006
3060521576  Primary      2-Family       360      357   78.79   6.625    7/1/2006    9/1/2006    6/1/2036    4,162.02    8/1/2006
3061798017  Primary      SFR            360      356      50   6.625    6/1/2006   10/1/2006    5/1/2036    9,604.67    9/1/2006
3061842393  Primary      PUD            360      356   58.33   6.625    6/1/2006   10/1/2006    5/1/2036    4,482.18    9/1/2006
3061858787  Primary      SFR            360      356   76.43     6.5    6/1/2006    9/1/2006    5/1/2036    3,381.56    8/1/2006
3061861054  Primary      Condo          360      356   72.35   6.625    6/1/2006    9/1/2006    5/1/2036    3,752.22    8/1/2006
3061866749  Primary      SFR            360      357   48.95     6.5    7/1/2006    9/1/2006    6/1/2036    3,084.49    8/1/2006
3061877258  Primary      Condo          360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,944.10    8/1/2006
3062342187  Primary      2-Family       360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    4,373.91    9/1/2006
3062343250  Primary      SFR            360      357      95     6.5    7/1/2006    9/1/2006    6/1/2036    2,702.09    8/1/2006
3062463835  Secondary    SFR            360      356   79.72   6.625    6/1/2006   10/1/2006    5/1/2036    3,675.39    9/1/2006
642646624   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,590.15    9/1/2006
3061723254  Primary      SFR            360      356   61.66     6.5    6/1/2006   10/1/2006    5/1/2036    3,476.37    9/1/2006
3062326859  Primary      SFR            360      356   79.41     6.5    6/1/2006    9/1/2006    5/1/2036    3,729.20    8/1/2006
3062691328  Primary      SFR            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    3,329.62    8/1/2006
 61134912   Primary      PUD            360      356    65.7     6.5    6/1/2006    9/1/2006    5/1/2036    3,571.18    8/1/2006
3062615673  Primary      SFR            360      356      80   6.625    6/1/2006    9/1/2006    5/1/2036    3,252.78    8/1/2006
3061391136  Secondary    PUD            360      356   75.45   6.625    6/1/2006   10/1/2006    5/1/2036    3,502.50    9/1/2006
3061725796  Primary      SFR            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,944.10    8/1/2006
3061917823  Primary      SFR            360      357   53.33   6.625    7/1/2006    9/1/2006    6/1/2036    5,122.49    8/1/2006
3061918342  Primary      SFR            360      357      80   6.625    7/1/2006    9/1/2006    6/1/2036    4,507.79    8/1/2006
3062463314  Primary      Condo          360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    4,100.86    8/1/2006
3062463744  Primary      PUD            360      357   76.05   6.625    7/1/2006    9/1/2006    6/1/2036    6,403.11    8/1/2006
3062463793  Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    3,160.34    8/1/2006
3062464627  Primary      SFR            360      356   70.59     6.5    6/1/2006    9/1/2006    5/1/2036    3,792.41    8/1/2006
3062466689  Primary      PUD            360      357      80     6.5    7/1/2006    9/1/2006    6/1/2036    3,923.88    8/1/2006
3062582634  Primary      SFR            360      356   46.74   6.625    6/1/2006    9/1/2006    5/1/2036    2,842.98    8/1/2006
642620728   Primary      SFR            360      357   76.47   6.625    7/1/2006    9/1/2006    6/1/2036    4,162.02    8/1/2006
3062629005  Primary      SFR            360      357   66.67   6.625    7/1/2006    9/1/2006    6/1/2036    3,201.56    8/1/2006
3062629336  Primary      SFR            360      357   58.44     6.5    7/1/2006    9/1/2006    6/1/2036    2,844.31    8/1/2006
735865545   Primary      SFR            360      356      75     6.5    6/1/2006    9/1/2006    5/1/2036    5,451.59    8/1/2006
683022370   Primary      SFR            360      353      75     6.5    3/1/2006    9/1/2006    2/1/2036    5,214.56    8/1/2006
683022586   Primary      SFR            360      353   79.18     6.5    3/1/2006    9/1/2006    2/1/2036    3,678.64    8/1/2006
709301543   Primary      SFR            360      353   66.67   6.625    3/1/2006    9/1/2006    2/1/2036    4,802.33    8/1/2006
709961197   Primary      SFR            360      353      75     6.5    3/1/2006    9/1/2006    2/1/2036    6,162.66    8/1/2006
712602473   Primary      SFR            360      353    74.5     6.5    3/1/2006    9/1/2006    2/1/2036    2,825.34    8/1/2006
712998889   Primary      SFR            360      354   72.58   6.625    4/1/2006    9/1/2006    3/1/2036    2,881.40    8/1/2006
713647667   Primary      SFR            360      353      55     6.5    3/1/2006    9/1/2006    2/1/2036    2,781.10    8/1/2006
642305056   Primary      SFR            360      353      70     6.5    3/1/2006    9/1/2006    2/1/2036    2,787.42    8/1/2006
3060538950  Primary      SFR            360      353      75     6.5    3/1/2006   10/1/2006    2/1/2036    4,147.95    9/1/2006
3061065599  Primary      SFR            360      353   55.75   6.625    3/1/2006    9/1/2006    2/1/2036    7,139.47    8/1/2006
3061151951  Primary      SFR            360      354   42.86   6.625    4/1/2006    9/1/2006    3/1/2036    7,683.73    8/1/2006
3061316075  Primary      SFR            360      353      46   6.625    3/1/2006    9/1/2006    2/1/2036    7,363.58    8/1/2006
3061338665  Primary      SFR            360      354      65   6.625    4/1/2006    9/1/2006    3/1/2036    8,115.94    8/1/2006
 39488747   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    2,654.69    8/1/2006
 54747175   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    3,312.26    8/1/2006
 62054978   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    4,875.00    8/1/2006
 63010367   Secondary    SFR            360      355      75   6.625    5/1/2006    9/1/2006    4/1/2036    2,737.33    8/1/2006
 63285795   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,816.67    8/1/2006
 63339626   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    3,270.95    8/1/2006
 63374383   Primary      SFR            360      355   36.36   6.625    5/1/2006    9/1/2006    4/1/2036    5,520.83    8/1/2006
 63432785   Primary      SFR            360      355   70.73     6.5    5/1/2006    9/1/2006    4/1/2036    2,749.50    8/1/2006
 63477251   Primary      SFR            360      355   69.71     6.5    5/1/2006    9/1/2006    4/1/2036    8,216.88    8/1/2006
 63515225   Primary      SFR            360      356   79.91     6.5    6/1/2006    9/1/2006    5/1/2036    2,843.75    8/1/2006
 63562078   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,554.75    9/1/2006
 63657092   Primary      SFR            360      355   76.92   6.625    5/1/2006    9/1/2006    4/1/2036    5,520.83    8/1/2006
 63739486   Primary      SFR            360      355   64.57     6.5    5/1/2006    9/1/2006    4/1/2036    4,441.67    8/1/2006
 63774244   Primary      SFR            360      355    46.3     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.34    8/1/2006
 63853386   Primary      SFR            360      356   64.29   6.625    6/1/2006   10/1/2006    5/1/2036    2,732.81    9/1/2006
 63942981   Primary      SFR            360      355   52.83   6.625    5/1/2006    9/1/2006    4/1/2036    2,689.31    8/1/2006
 63960587   Primary      Condo          360      355   67.25   6.625    5/1/2006   11/1/2006    4/1/2036    6,403.11   10/1/2006
 64115868   Primary      SFR            360      355   79.87   6.625    5/1/2006   10/1/2006    4/1/2036    1,826.15    9/1/2006
 64146657   Secondary    Condo          360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    2,907.51    8/1/2006
 64153984   Secondary    Condo          360      355      80   6.625    5/1/2006   11/1/2006    4/1/2036    2,960.80   10/1/2006
 64164932   Primary      SFR            360      356   68.75     6.5    6/1/2006   10/1/2006    5/1/2036    2,780.47    9/1/2006
 64249881   Primary      SFR            360      355      75   6.625    5/1/2006    9/1/2006    4/1/2036    4,802.33    8/1/2006
 64302052   Primary      Condo          360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036      773.65    9/1/2006
148492994   Primary      SFR            360      352    62.5     6.5    2/1/2006    9/1/2006    1/1/2036   10,833.33    8/1/2006
148572431   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,872.29    9/1/2006
148740822   Primary      SFR            360      352   75.38     6.5    2/1/2006    9/1/2006    1/1/2036    3,097.13    8/1/2006
149857385   Primary      SFR            360      354   75.21     6.5    4/1/2006    9/1/2006    3/1/2036    2,781.10    8/1/2006
149942831   Primary      Condo          360      354      80   6.625    4/1/2006    9/1/2006    3/1/2036    1,457.06    8/1/2006
150060838   Primary      SFR            360      355   71.43   6.625    5/1/2006    9/1/2006    4/1/2036    3,841.87    8/1/2006
150082519   Primary      Cooperative    360      355    78.8     6.5    5/1/2006    9/1/2006    4/1/2036      732.17    8/1/2006
150294593   Primary      SFR            360      356   61.31     6.5    6/1/2006    9/1/2006    5/1/2036    3,255.16    8/1/2006
150300077   Primary      SFR            360      354   68.57     6.5    4/1/2006    9/1/2006    3/1/2036    4,550.00    8/1/2006
150341212   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,433.40    8/1/2006
150372217   Primary      Condo          360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    3,201.56    9/1/2006
150490936   Secondary    SFR            360      355   50.41   6.625    5/1/2006    9/1/2006    4/1/2036    3,534.52    8/1/2006
150518074   Primary      SFR            360      356      80     6.5    6/1/2006    9/1/2006    5/1/2036    2,893.01    8/1/2006
150525475   Primary      Condo          360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,047.89    8/1/2006
150528545   Primary      SFR            360      354   73.57   6.625    4/1/2006    9/1/2006    3/1/2036    9,444.59    8/1/2006
150578854   Primary      SFR            360      355   77.98     6.5    5/1/2006    9/1/2006    4/1/2036    3,179.31    8/1/2006
150593218   Primary      SFR            360      355   54.11   6.625    5/1/2006   10/1/2006    4/1/2036    3,291.20    9/1/2006
150597326   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,235.69    8/1/2006
150612794   Primary      SFR            360      354   71.45   6.625    4/1/2006   10/1/2006    3/1/2036    3,957.13    9/1/2006
150616837   Primary      Condo          360      354      80     6.5    4/1/2006    9/1/2006    3/1/2036    3,077.04    8/1/2006
150629459   Primary      SFR            360      355   76.92     6.5    5/1/2006    9/1/2006    4/1/2036    9,481.03    8/1/2006
150630283   Primary      SFR            360      355   68.75     6.5    5/1/2006    9/1/2006    4/1/2036    5,214.57    8/1/2006
150649903   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,286.76    8/1/2006
150703098   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    2,542.31    8/1/2006
150707586   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    2,750.78    8/1/2006
150726909   Primary      SFR            360      355      75     6.5    5/1/2006   10/1/2006    4/1/2036    2,939.12    9/1/2006
150731875   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    2,844.31    8/1/2006
150752343   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,018.76    8/1/2006
150766731   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    3,247.25    8/1/2006
150777092   Primary      SFR            360      355   70.47     6.5    5/1/2006    9/1/2006    4/1/2036    3,229.06    8/1/2006
150782084   Secondary    SFR            360      355      75     6.5    5/1/2006   12/1/2006    4/1/2036    3,958.33   11/1/2006
150816742   Primary      SFR            360      355   65.79     6.5    5/1/2006    9/1/2006    4/1/2036    3,950.43    8/1/2006
150817872   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,232.29    8/1/2006
150832608   Primary      Condo          360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    2,872.12    9/1/2006
150880326   Primary      SFR            360      355     100   6.625    5/1/2006    9/1/2006    4/1/2036      595.49    8/1/2006
150895027   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    2,945.44    8/1/2006
150900348   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,124.72    8/1/2006
150908077   Primary      SFR            360      355   58.07     6.5    5/1/2006    9/1/2006    4/1/2036    3,002.33    8/1/2006
150911428   Primary      SFR            360      355   71.43   6.625    5/1/2006    9/1/2006    4/1/2036    3,681.79    8/1/2006
150930873   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,114.84    9/1/2006
150938587   Primary      SFR            360      355      66   6.625    5/1/2006   10/1/2006    4/1/2036    4,554.69    9/1/2006
150965317   Primary      SFR            360      355      70     6.5    5/1/2006    9/1/2006    4/1/2036    5,309.38    8/1/2006
151004397   Primary      SFR            360      355   49.33   6.625    5/1/2006    9/1/2006    4/1/2036    4,738.31    8/1/2006
151006905   Primary      SFR            360      355   45.46     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.79    8/1/2006
151010519   Primary      SFR            360      355   59.57     6.5    5/1/2006    9/1/2006    4/1/2036    4,424.48    8/1/2006
151025913   Primary      SFR            360      355   74.07     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.35    8/1/2006
151048105   Primary      SFR            360      355      70     6.5    5/1/2006   10/1/2006    4/1/2036    3,760.81    9/1/2006
151055514   Primary      SFR            360      355   70.42   6.625    5/1/2006    9/1/2006    4/1/2036    3,201.56    8/1/2006
151070885   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.35    8/1/2006
151092426   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,028.88    8/1/2006
151108388   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,359.63    9/1/2006
151122603   Primary      SFR            360      356   79.94     6.5    6/1/2006   10/1/2006    5/1/2036    2,875.98    9/1/2006
151123494   Primary      SFR            360      355   68.15     6.5    5/1/2006    9/1/2006    4/1/2036    2,734.33    8/1/2006
151129046   Primary      SFR            360      355      80     6.5    5/1/2006   10/1/2006    4/1/2036    3,423.29    9/1/2006
151139177   Primary      Condo          360      355    77.5   6.625    5/1/2006    9/1/2006    4/1/2036    3,969.93    8/1/2006
151157344   Primary      SFR            360      355   58.82     6.5    5/1/2006    9/1/2006    4/1/2036    2,844.31    8/1/2006
151166386   Secondary    SFR            360      355   34.48     6.5    5/1/2006    9/1/2006    4/1/2036    6,320.69    8/1/2006
151171923   Primary      SFR            360      355   71.32     6.5    5/1/2006    9/1/2006    4/1/2036    2,907.52    8/1/2006
151185451   Primary      SFR            360      356      75     6.5    6/1/2006   11/1/2006    5/1/2036    2,620.31   10/1/2006
151188125   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    3,413.17    9/1/2006
151202702   Primary      SFR            360      355   71.33     6.5    5/1/2006    9/1/2006    4/1/2036    3,191.95    8/1/2006
151202801   Primary      SFR            360      355   53.42     6.5    5/1/2006    9/1/2006    4/1/2036    3,714.04    8/1/2006
151203296   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    3,247.25    8/1/2006
151207552   Primary      SFR            360      356      70     6.5    6/1/2006   10/1/2006    5/1/2036    2,663.54    9/1/2006
151217031   Primary      SFR            360      355   78.57   6.625    5/1/2006   10/1/2006    4/1/2036    3,521.72    9/1/2006
151219102   Primary      SFR            360      355   56.18     6.5    5/1/2006    9/1/2006    4/1/2036    3,160.35    8/1/2006
151220761   Primary      SFR            360      356      65   6.625    6/1/2006    9/1/2006    5/1/2036    7,782.98    8/1/2006
151221504   Primary      SFR            360      356      75     6.5    6/1/2006    9/1/2006    5/1/2036    2,762.50    8/1/2006
151239803   Primary      SFR            360      354      80     6.5    4/1/2006    9/1/2006    3/1/2036    2,946.67    8/1/2006
151244787   Primary      SFR            360      356   74.12     6.5    6/1/2006    9/1/2006    5/1/2036    3,232.40    8/1/2006
151266418   Primary      Condo          360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,491.67    8/1/2006
151270097   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    4,046.77    8/1/2006
151279197   Primary      Condo          360      356   73.53     6.5    6/1/2006    9/1/2006    5/1/2036    3,160.35    8/1/2006
151283504   Primary      Condo          360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    2,597.93    9/1/2006
151285004   Primary      SFR            360      356   71.07     6.5    6/1/2006   10/1/2006    5/1/2036    3,054.47    9/1/2006
151287265   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    3,438.46    8/1/2006
151293073   Primary      SFR            360      355      80   6.625    5/1/2006   10/1/2006    4/1/2036    2,714.68    9/1/2006
151314028   Primary      SFR            360      355      80   6.625    5/1/2006    9/1/2006    4/1/2036    3,636.97    8/1/2006
151320447   Primary      SFR            360      355    77.5     6.5    5/1/2006    9/1/2006    4/1/2036    2,939.12    8/1/2006
151330834   Primary      SFR            360      356   67.42     6.5    6/1/2006    9/1/2006    5/1/2036    8,125.00    8/1/2006
151352903   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,827.28    8/1/2006
151366291   Primary      SFR            360      356      80     6.5    6/1/2006   10/1/2006    5/1/2036    4,652.03    9/1/2006
151370764   Primary      SFR            360      355   66.15     6.5    5/1/2006    9/1/2006    4/1/2036    2,329.17    8/1/2006
151382868   Primary      SFR            360      355      75     6.5    5/1/2006    9/1/2006    4/1/2036    3,223.55    8/1/2006
151394145   Primary      SFR            360      355      65     6.5    5/1/2006    9/1/2006    4/1/2036    4,930.14    8/1/2006
151463817   Primary      SFR            360      354   74.38     6.5    4/1/2006    9/1/2006    3/1/2036    2,578.33    8/1/2006
151484821   Primary      SFR            360      355      80     6.5    5/1/2006   11/1/2006    4/1/2036    4,045.24   10/1/2006
151492022   Primary      SFR            360      356   77.78     6.5    6/1/2006    9/1/2006    5/1/2036    3,097.14    8/1/2006
151492394   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    2,907.52    8/1/2006
151493244   Secondary    Condo          360      355   66.67     6.5    5/1/2006    9/1/2006    4/1/2036    3,476.38    8/1/2006
151501046   Primary      SFR            360      355   46.83   6.625    5/1/2006    9/1/2006    4/1/2036    2,646.83    8/1/2006
151530177   Primary      SFR            360      355      80     6.5    5/1/2006    9/1/2006    4/1/2036    4,040.18    8/1/2006
151584273   Primary      SFR            360      356      75     6.5    6/1/2006    9/1/2006    5/1/2036    3,432.81    8/1/2006
151687894   Primary      SFR            360      355   67.16     6.5    5/1/2006    9/1/2006    4/1/2036    2,844.31    8/1/2006
151767951   Primary      SFR            360      356   73.23     6.5    6/1/2006   10/1/2006    5/1/2036    2,962.92    9/1/2006

  LOANID         OBAL          COBAL      PURPOSE           DOC                SERVICER          OAPPVAL      ODATE    PPEN   NGROUP

1076060760     464,000.00    451,793.14  R/T Refi  Full Documentation           Chase           580,000.00  5/21/2004  N         1
1063070604     696,000.00    692,819.74  Purchase  Full Documentation           Chase           870,000.00  3/29/2006  N         1
1063073090     565,000.00    562,418.32  C/O Refi  Simply Signature             Chase           948,000.00  3/21/2006  N         1
1075064008     419,377.00    417,884.66  Purchase  Full Documentation           Chase           515,000.00   4/7/2006  N         1
1079072245     650,000.00    647,630.36  Purchase  Full Documentation           Chase           830,000.00  4/13/2006  N         1
1120454140     555,000.00    552,363.87  C/O Refi  Simply Signature             Chase           714,000.00  3/27/2006  N         1
1136440520     600,000.00    597,258.41  C/O Refi  Full Documentation           Chase           940,000.00   3/2/2006  N         1
1136443256     831,000.00    828,042.94  Purchase  Full Documentation           Chase         1,120,000.00   4/5/2006  N         1
1136460131     637,000.00    634,158.76  R/T Refi  Full Documentation           Chase         1,050,000.00  3/21/2006  N         1
1136471070     465,000.00    463,304.80  C/O Refi  Simply Signature             Chase           750,000.00   4/5/2006  N         1
1169086744     475,000.00    472,259.46  C/O Refi  Simply Signature             Chase         1,100,000.00   4/3/2006  N         1
1171285357     444,472.00    442,441.05  Purchase  Full Documentation           Chase           590,000.00  3/31/2006  N         1
1190350864     440,000.00    438,395.95  Purchase  Simply Signature             Chase           552,000.00  4/11/2006  N         1
1200107394     564,458.00    562,365.02  C/O Refi  Full Documentation           Chase           800,000.00   4/7/2006  N         1
1212106005     682,500.00    680,011.93  Purchase  Full Documentation           Chase           975,000.00   4/7/2006  N         1
1227081892     550,000.00    547,486.91  R/T Refi  Simply Signature             Chase         1,000,000.00  3/27/2006  N         1
1227081983     572,000.00    572,000.00  Purchase  Simply Signature             Chase           715,000.00  3/29/2006  N         1
1230210406     461,600.00    459,823.71  Purchase  Simply Signature             Chase           577,000.00   4/6/2006  N         1
1231134096     536,000.00    533,550.88  C/O Refi  Simply Signature             Chase           670,000.00  3/24/2006  N         1
1234108503     599,200.00    599,200.00  Purchase  Full Documentation           Chase           749,000.00  3/20/2006  N         1
1236190345     650,000.00    647,630.40  C/O Refi  Simply Signature             Chase         1,180,000.00   4/5/2006  N         1
1263148465     528,250.00    525,893.83  Purchase  Simply Signature             Chase           879,000.00  3/21/2006  N         1
1263150434     468,000.00    466,293.88  Purchase  Simply Signature             Chase           720,000.00   4/3/2006  N         1
1264060461     517,000.00    515,115.27  C/O Refi  Simply Signature             Chase           915,000.00   4/6/2006  N         1
1265075690     900,000.00    896,707.51  C/O Refi  Simply Signature             Chase         1,625,000.00   4/7/2006  N         1
1280010293     650,000.00    649,891.51  Purchase  Simply Signature             Chase           908,000.00   4/3/2006  N         1
1303150198     510,000.00    507,669.64  C/O Refi  Simply Signature             Chase           745,000.00  3/27/2006  N         1
1311599601     496,854.00    488,909.31  C/O Refi  Full Documentation           Chase           690,000.00  3/29/2006  N         1
1319142348     600,000.00    597,812.67  Purchase  Simply Signature             Chase           875,000.00  4/12/2006  N         1
1323066287     650,000.00    650,000.00  Purchase  Simply Signature             Chase           927,000.00  3/30/2006  N         1
1323068012     650,000.00    647,630.40  Purchase  Simply Signature             Chase           820,000.00   4/5/2006  N         1
1367114398     544,000.00    538,006.85  Purchase  Simply Signature             Chase           680,000.00  4/11/2006  N         1
1369135140     532,000.00    529,569.14  C/O Refi  Full Documentation           Chase           890,000.00  3/24/2006  N         1
1410059178     640,000.00    637,075.62  C/O Refi  Simply Signature             Chase           806,000.00  3/22/2006  N         1
1412437254     464,000.00    462,308.45  C/O Refi  Simply Signature             Chase           590,000.00   4/5/2006  N         1
1412443042     559,000.00    556,962.15  Purchase  Full Documentation           Chase           700,000.00   4/6/2006  N         1
1461409947     548,000.00    544,372.00  C/O Refi  Full Documentation           Chase           685,000.00  3/24/2006  N         1
1539777186     460,000.00    457,948.18  Purchase  Full Documentation           Chase           710,000.00  3/27/2006  N         1
1539788160     592,000.00    589,359.41  C/O Refi  Simply Signature             Chase           740,000.00  3/31/2006  N         1
1539790130     463,200.00    461,551.69  Purchase  Simply Signature             Chase           580,000.00  4/11/2006  N         1
1539797183     712,500.00    709,244.36  C/O Refi  Simply Signature             Chase           950,000.00  3/29/2006  N         1
1539800175     536,000.00    534,092.67  Purchase  Full Documentation           Chase           690,000.00  4/12/2006  N         1
1574401010     520,000.00    517,140.68  R/T Refi  Full Documentation           Chase           650,000.00   2/9/2006  N         1
1574409930     571,050.00    567,907.15  Purchase  Full Documentation           Chase           720,000.00  2/24/2006  N         1
1574421823     504,000.00    501,697.04  Purchase  Full Documentation           Chase           760,000.00  3/31/2006  N         1
1574426893     484,000.00    484,000.00  Purchase  Full Documentation           Chase           610,000.00  4/13/2006  N         1
1574428844     598,000.00    595,872.06  Purchase  Simply Signature             Chase           750,000.00  4/12/2006  N         1
1574430358     528,000.00    526,121.11  Purchase  Simply Signature             Chase           685,000.00   4/3/2006  N         1
1574430370     575,900.00    573,126.10  Purchase  Full Documentation           Chase           719,900.00   4/7/2006  N         1
1574435850     484,000.00    482,277.70  C/O Refi  Simply Signature             Chase           605,000.00  4/10/2006  N         1
1596749295     760,000.00    756,527.32  C/O Refi  Full Documentation           Chase           950,000.00  3/24/2006  N         1
1596753601     521,000.00    519,079.65  R/T Refi  Simply Signature             Chase           855,000.00   4/4/2006  N         1
1596753612     800,000.00    796,428.11  C/O Refi  Full Documentation           Chase         1,000,000.00  3/21/2006  N         1
1596756155     546,000.00    542,495.96  C/O Refi  Full Documentation           Chase           850,000.00  3/27/2006  N         1
1596759561     656,600.00    653,599.80  Purchase  Simply Signature             Chase           938,000.00  3/10/2006  N         1
1596763977     520,000.00    514,461.74  Purchase  Simply Signature             Chase           872,000.00  3/23/2006  N         1
1596764029     470,000.00    467,903.59  Purchase  Simply Signature             Chase           627,750.00  3/28/2006  N         1
1596765713     580,000.00    577,936.08  C/O Refi  Full Documentation           Chase           725,000.00   4/7/2006  N         1
1596767038     612,000.00    609,572.12  C/O Refi  Simply Signature             Chase           765,000.00   4/6/2006  N         1
1596768325     521,200.00    518,875.21  Purchase  Simply Signature             Chase           651,550.00  3/24/2006  N         1
1596768722     456,000.00    456,000.00  Purchase  Simply Signature             Chase           582,000.00   4/6/2006  N         1
1596769394     625,000.00    620,705.22  Purchase  Simply Signature             Chase         1,125,000.00   4/5/2006  N         1
1609170819     444,000.00    440,818.67  Purchase  Simply Signature             Chase           558,000.00  3/30/2006  N         1
1629110718     879,000.00    875,795.57  Purchase  Full Documentation           Chase         1,250,000.00  4/12/2006  N         1
1633129083     431,010.00    427,017.22  R/T Refi  Simply Signature             Chase           540,000.00 10/11/2005  N         1
1676075543     500,000.00    498,220.80  R/T Refi  Simply Signature             Chase           780,000.00   4/4/2006  N         1
1705045781     584,000.00    581,870.99  Purchase  Full Documentation           Chase           730,000.00   4/6/2006  N         1
1705049534     572,000.00    569,914.74  Purchase  Simply Signature             Chase           775,000.00   4/6/2006  N         1
1706028540     430,000.00    427,692.06  Purchase  No Income Verification       Chase           775,000.00  2/16/2006  N         1
1706032956     523,200.00    521,292.65  Purchase  Simply Signature             Chase           655,000.00   4/4/2006  N         1
1706043806     470,000.00    467,903.64  C/O Refi  Full Documentation           Chase           985,000.00  3/27/2006  N         1
1706043930     440,000.00    437,178.62  C/O Refi  Simply Signature             Chase           900,000.00  3/27/2006  N         1
1710025218     596,000.00    593,578.21  Purchase  Full Documentation           Chase           760,000.00  4/12/2006  N         1
1730090584     525,000.00    523,393.00  R/T Refi  Simply Signature             Chase         1,400,000.00  3/24/2006  N         1
1742268479     486,900.00    486,900.00  Purchase  Full Documentation           Chase           609,000.00  3/31/2006  N         1
1742278665     900,000.00    895,887.59  C/O Refi  Full Documentation           Chase         1,200,000.00  3/17/2006  N         1
1742290445     440,000.00    438,037.43  C/O Refi  Full Documentation           Chase           550,000.00  3/27/2006  N         1
1742297149     472,000.00    469,838.05  Purchase  Full Documentation           Chase           650,000.00  3/23/2006  N         1
1742299596     468,000.00    465,456.42  Purchase  Full Documentation           Chase           590,000.00  3/30/2006  N         1
1742300593     500,000.00    497,715.29  C/O Refi  Full Documentation           Chase           985,000.00  3/27/2006  N         1
1742314430     693,750.00    691,101.63  C/O Refi  Full Documentation           Chase           925,000.00   4/6/2006  N         1
1751363084     655,000.00    651,484.44  C/O Refi  Full Documentation           Chase           920,000.00  2/23/2006  N         1
1752074720     470,000.00    468,168.51  C/O Refi  Simply Signature             Chase           721,000.00  4/10/2006  N         1
1752074796     588,000.00    585,313.26  Purchase  Simply Signature             Chase           735,000.00  3/31/2006  N         1
1756031605     480,000.00    478,250.13  Purchase  Simply Signature             Chase           600,000.00   4/6/2006  N         1
1756034115     430,000.00    428,469.86  C/O Refi  Simply Signature             Chase           615,000.00   4/7/2006  N         1
1760365998     575,000.00    570,862.22  C/O Refi  Full Documentation           Chase           767,000.00 12/14/2005  N         1
1760389227     539,000.00    537,035.03  Purchase  Simply Signature             Chase           775,000.00   4/4/2006  N         1
1760389522     500,000.00    495,940.88  Purchase  No Income Verification       Chase         1,400,000.00 11/30/2005  N         1
1760401606     592,000.00    589,359.41  Purchase  Full Documentation           Chase           785,000.00  3/27/2006  N         1
1760410050     449,700.00    447,227.51  Purchase  Full Documentation           Chase           583,000.00   2/2/2006  N         1
1760413999     725,000.00    721,013.85  Purchase  No Income Verification       Chase         1,140,000.00   3/1/2006  N         1
1760417140     535,000.00    531,558.91  R/T Refi  Full Documentation           Chase           850,000.00  1/12/2006  N         1
1760422377   1,100,000.00  1,092,924.94  Purchase  Full Documentation           Chase         1,650,000.00  1/12/2006  N         1
1760423256     470,000.00    467,477.34  Purchase  Full Documentation           Chase           627,000.00   2/8/2006  N         1
1760435299     540,000.00    540,000.00  Purchase  Simply Signature             Chase           685,000.00   4/6/2006  N         1
1760439314     480,000.00    477,806.72  Purchase  Full Documentation           Chase           600,000.00  3/30/2006  N         1
1760442330     636,000.00    633,736.82  Purchase  Simply Signature             Chase           795,000.00   4/7/2006  N         1
1760443606     650,000.00    647,029.91  Purchase  Full Documentation           Chase           830,000.00  3/27/2006  N         1
1760443661     650,000.00    647,029.91  Purchase  Full Documentation           Chase           950,000.00  3/17/2006  N         1
1760446659     595,050.00    592,880.68  Purchase  Simply Signature             Chase           745,000.00  4/11/2006  N         1
1760446750     576,000.00    573,900.13  R/T Refi  Simply Signature             Chase           720,000.00  4/10/2006  N         1
1760447549     663,750.00    649,590.40  Purchase  Simply Signature             Chase           885,000.00  3/30/2006  N         1
1760449158     527,000.00    525,078.79  Purchase  Simply Signature             Chase           670,000.00   4/7/2006  N         1
1760450292     637,500.00    634,587.04  C/O Refi  Full Documentation           Chase           850,000.00  3/20/2006  N         1
1760452673     468,800.00    467,090.95  Purchase  Full Documentation           Chase           600,000.00  4/13/2006  N         1
1760461620     560,000.00    557,958.45  Purchase  Simply Signature             Chase           710,000.00  4/11/2006  N         1
1760463658     600,000.00    597,812.67  R/T Refi  Full Documentation           Chase           775,000.00   4/3/2006  N         1
1760470314     590,000.00    587,849.09  C/O Refi  Simply Signature             Chase           825,000.00  4/10/2006  N         1
1761530580     675,000.00    670,385.71  R/T Refi  Full Documentation           Chase           920,000.00  3/23/2006  N         1
1781249780     516,000.00    415,900.00  Purchase  Simply Signature             Chase           645,000.00  3/31/2006  N         1
1813278528     548,000.00    546,002.25  Purchase  Simply Signature             Chase           685,000.00  4/13/2006  N         1
1817452922     724,000.00    724,000.00  Purchase  Full Documentation           Chase           960,000.00  3/30/2006  N         1
1820235740     500,000.00    498,177.22  C/O Refi  Simply Signature             Chase           950,000.00   4/5/2006  N         1
1821289938     460,000.00    458,363.11  C/O Refi  Simply Signature             Chase           575,000.00   4/7/2006  N         1
1826378853     560,000.00    555,560.93  C/O Refi  Full Documentation           Chase           900,000.00  3/20/2006  N         1
1826410821     645,500.00    643,146.80  C/O Refi  Simply Signature             Chase           945,000.00  3/30/2006  N         1
1826412907     500,000.00    496,974.33  C/O Refi  Simply Signature             Chase           732,000.00   4/5/2006  N         1
1835127504     531,800.00    529,861.29  R/T Refi  Full Documentation           Chase         1,200,000.00  4/11/2006  N         1
1837019794     519,580.00    517,262.47  Purchase  Simply Signature             Chase           650,000.00  3/30/2006  N         1
1844412512     492,000.00    485,725.42  R/T Refi  Full Documentation           Chase           615,000.00   1/5/2006  N         1
1844432123     468,000.00    465,616.95  Purchase  Simply Signature             Chase           585,000.00  3/31/2006  N         1
1844443571     576,000.00    573,368.04  Purchase  Full Documentation           Chase           720,000.00  3/28/2006  N         1
1844467059     583,900.00    581,295.56  Purchase  Full Documentation           Chase           729,900.00  3/17/2006  N         1
1845575352     592,500.00    589,857.25  C/O Refi  Full Documentation           Chase           750,000.00  3/24/2006  N         1
1846399947     512,000.00    509,660.51  Purchase  Full Documentation           Chase           645,000.00  3/10/2006  N         1
1846415023     750,000.00    746,573.03  Purchase  Simply Signature             Chase         1,000,000.00  3/23/2006  N         1
1846423032     596,000.00    593,341.59  R/T Refi  Simply Signature             Chase           750,000.00  3/22/2006  N         1
1846424090     460,000.00    455,495.90  Purchase  Simply Signature             Chase           575,000.00  3/17/2006  N         1
202981064      640,000.00    637,075.62  Purchase  FAD(Full or Alt or AUS)      SunTrust        800,000.00  3/30/2006  N         1
203299714      484,800.00    482,637.61  C/O Refi  PS(1 paystub & verbal VOE)   SunTrust        900,000.00  3/31/2006  N         1
144748845      508,900.00    507,044.76  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        727,000.00   4/6/2006  N         1
203283874      567,000.00    564,470.93  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,499,000.00  3/29/2006  N         1
203139670      524,800.00    521,983.27  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        800,000.00  2/23/2006  N         1
 35062777      560,000.00    557,318.93  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00  3/31/2006  N         1
144579612      575,000.00    572,372.61  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        832,000.00  3/22/2006  N         1
144607710    1,000,000.00  1,000,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,625,000.00  3/17/2006  N         1
203224548      519,000.00    515,131.79  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,100,000.00  3/29/2006  N         1
203273701      868,000.00    864,033.81  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,150,000.00  3/30/2006  N         1
203127410      528,900.00    517,407.71  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        863,000.00  3/31/2006  N         1
134426444      450,000.00    447,208.06  Purchase  FAD(Full or Alt or AUS)      SunTrust        825,000.00  2/28/2006  N         1
203094503      544,000.00    544,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        682,000.00  3/15/2006  N         1
144380383      645,000.00    641,958.88  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00  3/22/2006  N         1
203254339      443,000.00    442,885.89  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        560,000.00   4/5/2006  N         1
203185269      600,000.00    591,520.85  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        750,000.00  3/27/2006  N         1
203266051      480,000.00    477,806.72  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        850,000.00  3/22/2006  N         1
144716305      500,000.00    498,220.76  Purchase  FAD(Full or Alt or AUS)      SunTrust        660,000.00  4/10/2006  N         1
144643020      600,000.00    599,999.04  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        750,000.00  3/27/2006  N         1
203073614      608,000.00    605,221.88  Purchase  FAD(Full or Alt or AUS)      SunTrust        760,000.00  3/27/2006  N         1
144746088      547,000.00    547,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        740,000.00  3/21/2006  N         1
203241922      675,000.00    675,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00  3/29/2006  N         1
144775848      570,200.00    570,200.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        789,000.00  3/31/2006  N         1
203161823      565,600.00    565,600.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        707,000.00   3/8/2006  N         1
203211115      501,000.00    498,710.74  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        805,000.00  3/27/2006  N         1
203049374      427,000.00    426,858.99  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        875,000.00  3/13/2006  N         1
203229075      720,000.00    716,710.10  Purchase  FAD(Full or Alt or AUS)      SunTrust        920,000.00  3/15/2006  N         1
144118031      760,000.00    760,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,000,000.00  3/30/2006  N         1
144670098      475,900.00    475,900.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        595,000.00   3/2/2006  N         1
144736774      500,000.00    497,554.57  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        680,000.00  3/21/2006  N         1
144378429      650,000.00    650,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        998,000.00   4/5/2006  N         1
203147749      750,000.00    745,397.84  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,185,000.00   3/1/2006  N         1
144381381      697,600.00    697,600.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        872,000.00  3/30/2006  N         1
144632767      573,000.00    569,549.24  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,180,000.00   4/4/2006  N         1
 35668714      763,000.00    758,413.06  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,900,000.00  3/28/2006  N         1
 33485996    1,000,000.00    995,441.55  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,600,000.00  4/10/2006  N         1
144420585      536,000.00    535,708.42  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        875,000.00  3/28/2006  N         1
203350988      765,425.00    762,634.60  Purchase  FAD(Full or Alt or AUS)      SunTrust        970,000.00   4/6/2006  N         1
203003660      735,000.00    735,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,050,000.00   3/3/2006  N         1
203231675      536,000.00    536,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        670,000.00  3/30/2006  N         1
203223763      480,200.00    479,700.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        697,000.00  3/27/2006  N         1
144373313      574,400.00    574,300.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        718,000.00  3/29/2006  N         1
144712759      430,000.00    428,082.03  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        545,000.00  3/24/2006  N         1
203117460      520,000.00    519,999.23  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        940,000.00   3/2/2006  N         1
203234521      500,000.00    497,715.35  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,060,000.00   3/8/2006  N         1
203123930      422,000.00    420,117.74  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        580,000.00   3/3/2006  N         1
203258785      973,700.00    970,167.89  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,400,000.00  3/29/2006  N         1
203269220      420,800.00    420,800.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        535,000.00  3/23/2006  N         1
203264049      536,000.00    533,550.83  Purchase  FAD(Full or Alt or AUS)      SunTrust        670,000.00  3/31/2006  N         1
203144027      744,000.00    743,996.23  Purchase  FAD(Full or Alt or AUS)      SunTrust        930,000.00  3/30/2006  N         1
144746401      800,000.00    800,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,070,000.00  3/28/2006  N         1
203293113      936,000.00    936,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,172,000.00   4/6/2006  N         1
144371135      640,000.00    640,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        800,000.00   3/7/2006  N         1
203137906      675,900.00    675,899.98  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        855,000.00  3/27/2006  N         1
144711702      483,750.00    480,785.42  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        645,000.00  3/27/2006  N         1
144774254      528,500.00    528,500.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        880,000.00   4/4/2006  N         1
203249008      650,000.00    553,895.28  Purchase  FAD(Full or Alt or AUS)      SunTrust        900,000.00  4/11/2006  N         1
203238134      484,000.00    481,632.16  Purchase  FAD(Full or Alt or AUS)      SunTrust        605,000.00  3/30/2006  N         1
203243878      470,000.00    467,852.42  Purchase  FAD(Full or Alt or AUS)      SunTrust        641,000.00   4/4/2006  N         1
 32434045      531,000.00    528,573.71  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        841,000.00  3/28/2006  N         1
203268594      650,000.00    650,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,000,000.00  3/27/2006  N         1
 36901296      481,000.00    481,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        770,000.00  3/24/2006  N         1
 37494168      875,000.00    870,355.69  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      2,500,000.00  3/31/2006  N         1
203091087      540,000.00    539,350.00  Purchase  NIV                          SunTrust      1,050,000.00  3/17/2006  N         1
 36484087      515,000.00    513,710.94  Purchase  NIV                          SunTrust        900,000.00   3/6/2006  N         1
203305198      470,000.00    469,891.37  C/O Refi  NIV                          SunTrust        752,000.00  3/23/2006  N         1
144736386      750,000.00    746,654.68  R/T Refi  NIV                          SunTrust      1,500,000.00  3/22/2006  N         1
144935277    1,000,000.00  1,000,000.00  R/T Refi  NIV                          SunTrust      3,750,000.00   4/6/2006  N         1
144668670      630,000.00    630,000.00  C/O Refi  NIV                          SunTrust        840,000.00  2/28/2006  N         1
144639457      546,000.00    545,986.58  C/O Refi  NIV                          SunTrust        780,000.00  3/10/2006  N         1
203378997      560,000.00    560,000.00  R/T Refi  NIV                          SunTrust      1,290,000.00  3/24/2006  N         1
203241674      750,000.00    746,654.68  Purchase  NIV                          SunTrust      1,395,000.00  3/20/2006  N         1
203145156    1,000,000.00    999,836.34  Purchase  NIV                          SunTrust      1,320,000.00  3/22/2006  N         1
144380615      975,000.00    975,000.00  C/O Refi  NIV                          SunTrust      1,500,000.00  3/28/2006  N         1
144746344      595,000.00    595,000.00  C/O Refi  NIV                          SunTrust        900,000.00  3/27/2006  N         1
 35979236      989,700.00    989,700.00  Purchase  NIV                          SunTrust      1,330,000.00  3/24/2006  N         1
203206651      650,000.00    646,876.63  Purchase  NIV                          SunTrust        990,000.00  3/31/2006  N         1
144294519      750,000.00    748,594.66  C/O Refi  NIV                          SunTrust      1,150,000.00   1/3/2006  N         1
144745528      786,000.00    782,408.50  R/T Refi  NIV                          SunTrust      1,200,000.00  3/31/2006  N         1
144554300      957,000.00    956,916.27  R/T Refi  NIV                          SunTrust      1,850,000.00   3/8/2006  N         1
203123682      500,000.00    499,864.58  Purchase  NIV                          SunTrust        720,000.00   3/9/2006  N         1
144671930      987,000.00    507,930.46  Purchase  NIV                          SunTrust      1,410,000.00  3/28/2006  N         1
203167176      637,000.00    637,000.00  C/O Refi  NIV                          SunTrust        910,000.00   3/8/2006  N         1
144607603      416,500.00    416,387.20  Purchase  NIV                          SunTrust        735,000.00   3/3/2006  N         1
203221700      527,500.00    527,390.00  Purchase  NIV                          SunTrust        705,000.00  3/10/2006  N         1
144749512      483,950.00    483,950.00  R/T Refi  NIV                          SunTrust        650,000.00  3/20/2006  N         1
203061031      505,400.00    505,400.00  C/O Refi  NIV                          SunTrust        722,000.00  2/28/2006  N         1
203201322      480,000.00    477,806.72  Purchase  NIV                          SunTrust        685,000.00  3/17/2006  N         1
144099744      481,000.00    381,000.00  Purchase  NIV                          SunTrust        620,000.00  2/28/2006  N         1
203142484      840,000.00    839,715.26  C/O Refi  NIV                          SunTrust      1,200,000.00  3/17/2006  N         1
144860202      711,000.00    707,751.20  C/O Refi  NIV                          SunTrust      1,075,000.00  3/28/2006  N         1
144936259      500,000.00    496,480.29  C/O Refi  PS+(PS + W-2 or 1040)        SunTrust        660,000.00   4/6/2006  N         1
203196324      457,100.00    455,011.34  Purchase  PS+(PS + W-2 or 1040)        SunTrust        622,000.00  3/28/2006  N         1
203198189      626,400.00    623,606.02  C/O Refi  PS+(PS + W-2 or 1040)        SunTrust        783,000.00  3/20/2006  N         1
144545670    1,270,000.00  1,264,335.34  C/O Refi  NIV                          SunTrust      2,110,000.00  3/10/2006  N         1
144573102    1,150,000.00  1,144,745.27  R/T Refi  NIV                          SunTrust      2,150,000.00   3/7/2006  N         1
144745577      480,000.00    480,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        700,000.00  3/15/2006  N         1
203128095      580,000.00    576,442.99  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,100,000.00   3/8/2006  N         1
203127600      450,000.00    448,803.87  Purchase  FAD(Full or Alt or AUS)      SunTrust        702,000.00   3/7/2006  N         1
 31734759      767,000.00    767,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,350,000.00   3/6/2006  N         1
 36254654      450,000.00    450,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        596,000.00   2/7/2006  N         1
144586971      525,000.00    525,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        750,000.00  3/10/2006  N         1
144737772      483,000.00    482,932.94  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        810,000.00  3/16/2006  N         1
144612512      650,000.00    650,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        950,000.00  3/14/2006  N         1
144602224      576,000.00    576,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        725,000.00   3/8/2006  N         1
144608908      560,000.00    559,856.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        750,000.00   3/8/2006  N         1
144607694      464,000.00    464,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        680,000.00   3/2/2006  N         1
203065693      672,000.00    672,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,055,000.00   3/6/2006  N         1
203114509      476,000.00    476,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        595,000.00   3/7/2006  N         1
203203088    1,400,000.00  1,400,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      2,175,000.00  3/15/2006  N         1
203198874      632,000.00    632,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        790,000.00  3/22/2006  N         1
144264165      670,000.00    670,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        840,000.00   3/2/2006  N         1
 31612781      600,000.00    600,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        806,500.00  4/14/2006  N         1
 34398206      880,000.00    874,979.96  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,150,000.00  4/20/2006  N         1
 34569731      541,000.00    541,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,000,000.00  4/17/2006  N         1
 35230473      631,000.00    628,699.67  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,180,000.00  4/10/2006  N         1
 35982412      750,000.00    749,924.80  Purchase  FAD(Full or Alt or AUS)      SunTrust        950,000.00  4/24/2006  N         1
 36337772      459,000.00    459,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        606,000.00  2/28/2006  N         1
 36615664      800,000.00    797,083.59  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,550,000.00  4/19/2006  N         1
 36835189    1,000,000.00  1,000,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,380,000.00  4/13/2006  N         1
 36857464      496,000.00    494,069.98  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        620,000.00  4/24/2006  N         1
 36915361      547,000.00    545,053.54  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        950,000.00  4/21/2006  N         1
 37105293      490,000.00    490,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        700,000.00  4/14/2006  N         1
143272755      415,200.00    412,763.90  Purchase  FAD(Full or Alt or AUS)      SunTrust        519,000.00  4/14/2006  N         1
143909257      499,400.00    497,579.41  Purchase  FAD(Full or Alt or AUS)      SunTrust        630,000.00  4/26/2006  N         1
143909331      606,500.00    602,932.75  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00   4/4/2006  N         1
144090727    1,000,000.00    999,729.17  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,460,000.00   5/4/2006  N         1
144106150      559,000.00    556,961.38  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,100,000.00  4/17/2006  N         1
144111507      496,850.00    494,633.85  Purchase  FAD(Full or Alt or AUS)      SunTrust        630,000.00  3/23/2006  N         1
144116860      488,000.00    485,823.34  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        610,000.00  3/27/2006  N         1
144393246      567,200.00    565,181.63  Purchase  FAD(Full or Alt or AUS)      SunTrust        715,000.00  4/20/2006  N         1
144554607      900,000.00    896,797.41  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,300,000.00  4/26/2006  N         1
144554631      552,900.00    551,363.03  Purchase  PS(1 paystub & verbal VOE)   SunTrust        749,900.00  4/24/2006  N         1
144635638      543,500.00    543,500.00  C/O Refi  NIV                          SunTrust        760,000.00  4/17/2006  N         1
144636503      431,000.00    428,605.44  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        570,000.00  3/31/2006  N         1
144672607    1,000,000.00    999,727.70  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,500,000.00  4/10/2006  N         1
144672623      645,000.00    641,593.79  Purchase  NIV                          SunTrust        860,000.00  4/10/2006  N         1
144767118      566,700.00    564,336.51  R/T Refi  NIV                          SunTrust        815,000.00  4/13/2006  N         1
144767597      580,000.00    577,885.57  Purchase  FAD(Full or Alt or AUS)      SunTrust        725,000.00   4/7/2006  N         1
144767951      515,000.00    513,167.37  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        705,000.00  4/11/2006  N         1
144768041      431,250.00    429,613.72  C/O Refi  NIV                          SunTrust        575,000.00  4/11/2006  N         1
144768181      820,000.00    319,327.92  Purchase  NIV                          SunTrust      1,320,000.00  4/12/2006  N         1
144774189      554,500.00    552,478.54  R/T Refi  NIV                          SunTrust      1,000,000.00  4/19/2006  N         1
144774338      500,000.00    497,569.06  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        700,000.00  4/19/2006  N         1
144860905      525,200.00    523,220.28  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        725,000.00  4/11/2006  N         1
144864337      427,000.00    425,443.32  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        670,000.00  4/18/2006  N         1
144942380      644,000.00    641,652.26  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        805,000.00  4/12/2006  N         1
144956034      770,000.00    770,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,150,000.00  4/27/2006  N         1
144958352      885,000.00    881,850.75  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,225,000.00  4/25/2006  N         1
144959020      637,500.00    635,231.46  C/O Refi  NIV                          SunTrust        850,000.00  4/20/2006  N         1
144959657      968,000.00    865,679.26  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,310,000.00  4/24/2006  N         1
144961794      676,200.00    673,793.75  Purchase  FAD(Full or Alt or AUS)      SunTrust        990,000.00  4/24/2006  N         1
144966009      478,400.00    476,655.95  Purchase  FAD(Full or Alt or AUS)      SunTrust        625,000.00  4/19/2006  N         1
144970159      620,000.00    617,793.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        800,000.00  4/19/2006  N         1
202977922      606,000.00    603,230.96  Purchase  PS+(PS + W-2 or 1040)        SunTrust        759,000.00  3/24/2006  N         1
203060538      508,000.00    505,678.78  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        635,000.00  3/23/2006  N         1
203074711      780,000.00    779,687.61  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,150,000.00  4/17/2006  N         1
203089537      580,000.00    577,413.01  Purchase  FAD(Full or Alt or AUS)      SunTrust        930,000.00  3/11/2006  N         1
203122049      999,900.00    996,254.83  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,290,000.00  4/12/2006  N         1
203135975      500,000.00    500,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        775,000.00  4/11/2006  N         1
203137476      566,250.00    564,009.83  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        755,000.00  4/15/2006  N         1
203157714      600,000.00    597,864.32  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        750,000.00  4/21/2006  N         1
203169560      440,000.00    440,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        550,000.00   4/6/2006  N         1
203180872      500,000.00    497,674.82  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        975,000.00   3/8/2006  N         1
203208087      467,000.00    464,835.80  Purchase  FAD(Full or Alt or AUS)      SunTrust        585,000.00  3/31/2006  N         1
203209515      650,000.00    650,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        950,000.00  4/10/2006  N         1
203216387      460,000.00    460,000.00  Purchase  PS(1 paystub & verbal VOE)   SunTrust        575,000.00   4/3/2006  N         1
203217435    1,000,000.00  1,000,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,280,000.00  3/31/2006  N         1
203231899      535,200.00    533,248.90  Purchase  FAD(Full or Alt or AUS)      SunTrust        678,000.00  4/28/2006  N         1
203233275      584,430.00    584,430.00  Purchase  NIV                          SunTrust        834,900.00   5/1/2006  N         1
203244330      729,353.00    726,422.17  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        975,000.00   4/7/2006  N         1
203245253      540,000.00    537,532.57  Purchase  FAD(Full or Alt or AUS)      SunTrust        675,000.00  3/23/2006  N         1
203247531      809,750.00    806,798.03  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,040,000.00   4/4/2006  N         1
203247671      690,000.00    690,000.00  R/T Refi  NIV                          SunTrust      1,200,000.00   4/3/2006  N         1
203251475      450,000.00    448,500.00  Purchase  NIV                          SunTrust      1,350,000.00   4/1/2006  N         1
203255914      536,000.00    530,226.18  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        810,500.00  4/13/2006  N         1
203261755      430,500.00    428,930.58  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        650,000.00  4/12/2006  N         1
203264239      600,000.00    600,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,200,000.00   4/6/2006  N         1
203266424      476,800.00    474,673.32  Purchase  FAD(Full or Alt or AUS)      SunTrust        600,000.00  3/21/2006  N         1
203266655      630,000.00    627,758.18  Purchase  FAD(Full or Alt or AUS)      SunTrust        787,500.00  4/14/2006  N         1
203272414      472,000.00    470,320.40  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        590,000.00  4/14/2006  N         1
203274907      641,000.00    637,713.48  C/O Refi  NIV                          SunTrust      1,049,000.00   4/7/2006  N         1
203276050      705,000.00    705,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,140,000.00  4/10/2006  N         1
203279336      430,000.00    427,881.49  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        585,000.00  3/27/2006  N         1
203284302      700,000.00    697,206.57  R/T Refi  NIV                          SunTrust      1,400,000.00   4/4/2006  N         1
203284591      484,000.00    482,235.56  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        830,000.00  4/10/2006  N         1
203291257      844,000.00    844,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,055,000.00  4/12/2006  N         1
203291885      488,000.00    488,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        610,000.00  3/27/2006  N         1
203296389      487,500.00    486,253.19  C/O Refi  NIV                          SunTrust        875,000.00   4/5/2006  N         1
203299441      546,400.00    546,400.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        781,000.00  4/13/2006  N         1
203299862      470,800.00    468,700.08  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        588,500.00  3/31/2006  N         1
203300066      650,000.00    647,630.36  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        825,000.00  4/12/2006  N         1
203301353      800,000.00    797,083.59  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,645,000.00  4/14/2006  N         1
203303250      904,000.00    904,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,375,000.00  4/19/2006  N         1
203303995      780,000.00    780,000.00  R/T Refi  NIV                          SunTrust      2,300,000.00  4/17/2006  N         1
203305651      476,000.00    475,969.84  Purchase  FAD(Full or Alt or AUS)      SunTrust        600,000.00  4/25/2006  N         1
203307822      760,000.00    757,229.38  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,050,000.00  4/14/2006  N         1
203308507      529,200.00    527,270.75  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        756,000.00  4/27/2006  N         1
203310362      453,000.00    451,327.06  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        600,000.00   4/5/2006  N         1
203316658      432,000.00    430,001.74  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        540,000.00  4/13/2006  N         1
203326038      592,000.00    590,780.79  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        740,000.00  4/24/2006  N         1
203327937      465,000.00    463,120.18  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        605,000.00  4/24/2006  N         1
203328661      880,000.00    880,000.00  R/T Refi  NIV                          SunTrust      1,550,000.00  4/13/2006  N         1
203335070      540,000.00    535,514.04  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        850,000.00  4/13/2006  N         1
203336219      487,500.00    487,449.80  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        650,000.00  4/10/2006  N         1
203337514      500,000.00    500,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        950,000.00  4/11/2006  N         1
203339205      840,000.00    836,235.81  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,200,000.00  4/21/2006  N         1
203343314      502,000.00    499,706.17  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        750,000.00  3/27/2006  N         1
203344783      812,000.00    809,838.87  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,275,000.00  4/10/2006  N         1
203346515      630,000.00    630,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        840,000.00  4/18/2006  N         1
203347331      670,000.00    667,115.81  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,125,000.00  4/12/2006  N         1
203349956      559,900.00    557,907.59  Purchase  FAD(Full or Alt or AUS)      SunTrust        820,000.00  4/28/2006  N         1
203350574      987,000.00    987,000.00  Purchase  NIV                          SunTrust      1,410,000.00  4/21/2006  N         1
203354857      483,750.00    482,028.63  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        670,000.00  4/18/2006  N         1
203358098      450,000.00    448,359.49  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        600,000.00  4/25/2006  N         1
203358411      469,600.00    469,600.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        593,500.00  4/28/2006  N         1
203358445      535,000.00    535,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        725,000.00  4/13/2006  N         1
203362496    1,000,000.00  1,000,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,375,000.00   4/4/2006  N         1
203366331      581,000.00    581,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        830,000.00  4/17/2006  N         1
203369467      465,000.00    465,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        740,000.00   4/3/2006  N         1
203370069      620,000.00    620,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        865,000.00  4/26/2006  N         1
203388806      543,000.00    541,080.00  Purchase  PS(1 paystub & verbal VOE)   SunTrust        890,000.00  4/14/2006  N         1
203390836      507,960.00    506,108.22  Purchase  FAD(Full or Alt or AUS)      SunTrust        640,000.00  4/28/2006  N         1
203393095      535,000.00    533,782.07  C/O Refi  NIV                          SunTrust        820,000.00  4/12/2006  N         1
203394135      780,000.00    276,561.60  Purchase  FAD(Full or Alt or AUS)      SunTrust        975,000.00  4/21/2006  N         1
203399985      550,000.00    549,999.94  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,420,000.00  4/20/2006  N         1
203403225    1,000,000.00    999,920.39  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,625,000.00  4/27/2006  N         1
203403886      769,600.00    767,588.96  Purchase  FAD(Full or Alt or AUS)      SunTrust        962,000.00  4/12/2006  N         1
203405303      600,000.00    600,000.00  Purchase  NIV                          SunTrust        850,000.00  4/21/2006  N         1
203408141      515,000.00    512,968.82  Purchase  FAD(Full or Alt or AUS)      SunTrust        721,000.00  4/28/2006  N         1
203409032      525,000.00    522,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        675,000.00   5/1/2006  N         1
203419965      500,000.00    500,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        640,000.00  4/12/2006  N         1
203426218      520,000.00    518,118.17  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        751,000.00   4/4/2006  N         1
203445671      439,000.00    437,399.61  Purchase  PS+(PS + W-2 or 1040)        SunTrust        739,000.00  4/27/2006  N         1
203453477      999,999.00    999,999.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,250,000.00  4/21/2006  N         1
203474531      540,000.00    538,562.80  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        675,000.00  4/27/2006  N         1
203352976      465,400.00    464,130.99  Purchase  FAD(Full or Alt or AUS)      SunTrust        550,000.00  5/12/2006  N         1
 31052731      900,000.00    896,590.94  Purchase  NIV                          SunTrust      1,300,000.00   5/8/2006  N         1
143269587      456,000.00    454,206.25  Purchase  FAD(Full or Alt or AUS)      SunTrust        580,000.00  4/26/2006  N         1
203517586      464,237.00    463,001.41  Purchase  FAD(Full or Alt or AUS)      SunTrust        650,000.00  5/16/2006  N         1
144126067      900,000.00    900,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      3,500,000.00  5/11/2006  N         1
203424817      484,000.00    482,709.15  Purchase  FAD(Full or Alt or AUS)      SunTrust        605,000.00  5/26/2006  N         1
203406251      681,600.00    679,785.94  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        852,000.00   5/2/2006  N         1
203408539      465,700.00    464,042.82  Purchase  FAD(Full or Alt or AUS)      SunTrust        620,000.00  4/27/2006  N         1
203241252      520,000.00    520,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,330,000.00   4/4/2006  N         1
144978194      450,000.00    448,772.95  Purchase  FAD(Full or Alt or AUS)      SunTrust        712,500.00  5/18/2006  N         1
203456223      550,000.00    548,500.27  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00  5/24/2006  N         1
144831708      521,500.00    520,112.01  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        745,000.00   5/5/2006  N         1
203430434      625,000.00    625,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        925,000.00  5/31/2006  N         1
 36979664      533,000.00    531,581.43  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        855,000.00  5/12/2006  N         1
203444864      635,000.00    631,483.52  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,080,000.00  5/22/2006  N         1
203410915      861,250.00    858,110.26  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,325,000.00  4/26/2006  N         1
144121472      473,000.00    471,741.09  Purchase  FAD(Full or Alt or AUS)      SunTrust        678,000.00   5/2/2006  N         1
203389614      510,000.00    510,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust        775,000.00   5/3/2006  N         1
203384631      488,000.00    485,920.98  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        610,000.00  4/19/2006  N         1
203184981      750,000.00    747,954.94  Purchase  FAD(Full or Alt or AUS)      SunTrust      3,900,000.00  5/15/2006  N         1
203449111      704,000.00    702,126.33  Purchase  FAD(Full or Alt or AUS)      SunTrust        880,000.00  5/31/2006  N         1
144125465      756,000.00    756,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        945,000.00  5/19/2006  N         1
203379110      550,000.00    549,748.20  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,000,000.00  5/11/2006  N         1
203536735      636,000.00    633,681.45  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        795,000.00  4/27/2006  N         1
203478409      825,000.00    825,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,350,000.00   5/8/2006  N         1
203447669      450,000.00    448,772.95  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00  5/10/2006  N         1
203575287      472,000.00    470,743.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        595,000.00  5/17/2006  N         1
203425392    1,000,000.00    997,273.22  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,900,000.00   5/8/2006  N         1
203492574      504,000.00    502,658.62  Purchase  FAD(Full or Alt or AUS)      SunTrust        634,000.00  5/31/2006  N         1
203524145      512,000.00    510,637.30  Purchase  FAD(Full or Alt or AUS)      SunTrust        660,000.00  5/15/2006  N         1
 37007275      660,000.00    657,593.94  Purchase  FAD(Full or Alt or AUS)      SunTrust        840,000.00  4/28/2006  N         1
203483276      600,000.00    600,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        755,000.00  5/10/2006  N         1
203293220      650,000.00    648,227.61  Purchase  FAD(Full or Alt or AUS)      SunTrust      1,000,000.00  5/15/2006  N         1
145172235      464,000.00    461,505.96  Purchase  FAD(Full or Alt or AUS)      SunTrust        580,000.00  5/22/2006  N         1
144985132      610,000.00    608,336.67  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,506,000.00  5/22/2006  N         1
203434188      562,000.00    561,900.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        925,000.00  5/10/2006  N         1
203490925      455,000.00    453,789.04  Purchase  FAD(Full or Alt or AUS)      SunTrust        735,000.00  5/31/2006  N         1
203380464      556,000.00    554,483.92  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        695,000.00  5/30/2006  N         1
203482989      480,000.00    478,722.47  Purchase  FAD(Full or Alt or AUS)      SunTrust        710,000.00  5/18/2006  N         1
144939709      423,000.00    421,846.58  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        610,000.00   6/1/2006  N         1
203451893      590,100.00    587,948.75  Purchase  FAD(Full or Alt or AUS)      SunTrust        880,000.00  4/28/2006  N         1
203455654      592,000.00    590,377.11  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        740,000.00  5/18/2006  N         1
203230982      550,000.00    548,536.20  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        900,000.00  5/15/2006  N         1
203448527      650,000.00    648,270.02  Purchase  FAD(Full or Alt or AUS)      SunTrust        840,000.00  5/26/2006  N         1
203560214      580,000.00    578,456.33  R/T Refi  FAD(Full or Alt or AUS)      SunTrust      1,200,000.00  5/30/2006  N         1
203493986      507,500.00    506,141.31  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        650,000.00   5/4/2006  N         1
144996881      425,000.00    423,841.12  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        565,000.00  5/15/2006  N         1
203453766      575,000.00    573,432.09  Purchase  FAD(Full or Alt or AUS)      SunTrust        815,000.00  5/17/2006  N         1
144379344      549,000.00    547,046.40  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        710,000.00   5/3/2006  N         1
144554813      475,000.00    473,704.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        740,000.00  5/25/2006  N         1
144967783      680,000.00    678,190.18  Purchase  FAD(Full or Alt or AUS)      SunTrust        895,000.00  5/17/2006  N         1
203490479      502,600.00    501,229.29  Purchase  FAD(Full or Alt or AUS)      SunTrust        718,000.00  5/17/2006  N         1
203375746      621,600.00    619,945.61  R/T Refi  FAD(Full or Alt or AUS)      SunTrust        828,000.00  5/26/2006  N         1
203441084      596,000.00    593,827.24  Purchase  FAD(Full or Alt or AUS)      SunTrust        760,000.00  4/20/2006  N         1
203220314      800,000.00    797,870.82  Purchase  FAD(Full or Alt or AUS)      SunTrust      2,465,000.00  5/15/2006  N         1
203397963      475,000.00    473,604.80  Purchase  FAD(Full or Alt or AUS)      SunTrust        595,000.00   5/9/2006  N         1
203439393      550,000.00    548,536.20  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        850,000.00  5/17/2006  N         1
203465695      800,000.00    797,818.58  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      1,300,000.00  5/24/2006  N         1
 35596063      485,000.00    483,709.18  C/O Refi  FAD(Full or Alt or AUS)      SunTrust        680,000.00  5/15/2006  N         1
203388327      630,000.00    627,703.31  C/O Refi  FAD(Full or Alt or AUS)      SunTrust      2,800,000.00  4/21/2006  N         1
202958641      650,000.00    648,270.05  Purchase  NIV                          SunTrust      1,300,000.00   5/3/2006  N         1
145166534    1,000,000.00    997,273.22  R/T Refi  NIV                          SunTrust      2,557,000.00  5/26/2006  N         1
203408075      735,000.00    733,043.80  C/O Refi  NIV                          SunTrust      1,320,000.00   5/8/2006  N         1
144992146      560,000.00    558,472.16  C/O Refi  NIV                          SunTrust        805,000.00  5/10/2006  N         1
145002325      610,000.00    610,000.00  R/T Refi  NIV                          SunTrust        900,000.00  5/31/2006  N         1
203480181      837,000.00    834,128.20  R/T Refi  NIV                          SunTrust      2,200,000.00  5/16/2006  N         1
203217633      785,000.00    782,895.75  R/T Refi  NIV                          SunTrust      1,500,000.00   5/5/2006  N         1
145166542      903,000.00    899,540.45  C/O Refi  NIV                          SunTrust      1,290,000.00  5/22/2006  N         1
203416227      650,000.00    647,928.33  C/O Refi  NIV                          SunTrust        965,000.00   5/1/2006  N         1
203491030      573,000.00    571,474.96  C/O Refi  NIV                          SunTrust      1,700,000.00  5/24/2006  N         1
203346432      585,000.00    582,918.31  R/T Refi  NIV                          SunTrust      1,050,000.00  4/20/2006  N         1
203426457      566,400.00    564,892.55  Purchase  PS(1 paystub & verbal VOE)   SunTrust        713,000.00  5/10/2006  N         1
203312814      536,000.00    534,286.43  R/T Refi  PS(1 paystub & verbal VOE)   SunTrust        670,000.00  5/12/2006  N         1
3061704031     783,200.00    780,413.02  Purchase  Full                         WAMU            980,000.00  4/28/2006  N         1
3062117696     743,920.00    741,272.81  Purchase  Low                          WAMU            945,000.00  4/27/2006  N         1
 47468202      618,100.00    615,846.70  C/O Refi  Full                         WAMU            930,000.00  4/27/2006  N         1
 66733437      556,000.00    554,021.49  Purchase  Full                         WAMU            695,000.00   5/4/2006  N         1
3050908965     423,000.00    421,457.93  R/T Refi  Low                          WAMU            590,000.00  4/26/2006  N         1
3060729393     550,000.00    545,535.04  C/O Refi  Streamline                   WAMU            790,000.00  11/9/2005  N         1
3061035808     472,000.00    470,320.40  C/O Refi  Full                         WAMU            590,000.00  4/27/2006  N         1
3061036533     483,000.00    481,266.56  R/T Refi  Low                          WAMU            690,000.00  4/27/2006  N         1
3061038240     519,000.00    517,584.82  C/O Refi  Full                         WAMU            780,000.00   5/8/2006  N         1
3061469239     434,000.00    432,417.81  C/O Refi  Full                         WAMU            795,000.00   5/2/2006  N         1
3061482620     608,000.00    605,783.52  Purchase  Full                         WAMU            775,000.00   5/1/2006  N         1
3061486530     720,000.00    717,437.92  Purchase  Full                         WAMU            900,000.00  4/27/2006  N         1
3061491589     490,000.00    488,213.71  C/O Refi  Full                         WAMU          1,070,000.00  4/25/2006  N         1
3061551135     520,000.00    518,582.10  Purchase  Full                         WAMU            650,000.00   5/5/2006  N         1
3061724443   1,215,000.00  1,210,676.48  R/T Refi  Low                          WAMU          2,625,000.00  4/28/2006  N         1
3061823849     470,000.00    468,327.54  C/O Refi  Low                          WAMU            750,000.00  4/24/2006  N         1
3062197326     625,000.00    623,295.77  R/T Refi  Full                         WAMU          1,300,000.00  5/10/2006  N         1
3062314830   1,900,000.00  1,893,238.96  C/O Refi  Low                          WAMU          3,600,000.00  4/27/2006  N         1
3062389568     671,200.00    668,753.12  Purchase  Low                          WAMU            839,000.00  4/27/2006  N         1
3062389766     599,200.00    495,929.33  Purchase  Streamline                   WAMU            757,000.00  4/27/2006  N         1
3062391937     900,000.00    896,797.41  C/O Refi  Low                          WAMU          1,420,000.00  4/25/2006  N         1
3062392497     547,000.00    545,544.18  C/O Refi  Low                          WAMU            850,000.00  5/10/2006  N         1
3062393651     744,000.00    742,019.88  Purchase  Full                         WAMU            950,000.00  5/15/2006  N         1
3062485648     496,000.00    494,191.81  C/O Refi  Full                         WAMU            620,000.00  4/28/2006  N         1
3062491018     533,200.00    530,771.45  C/O Refi  Full                         WAMU            729,000.00   5/4/2006  N         1
3062499904     471,600.00    469,880.67  Purchase  Low                          WAMU            590,000.00   5/3/2006  N         1
3062506708     464,000.00    462,765.09  R/T Refi  Full                         WAMU            580,000.00  5/10/2006  N         1
3062587450     469,000.00    467,721.15  C/O Refi  Full                         WAMU            670,000.00  5/10/2006  N         1
3062638329     535,000.00    531,938.24  R/T Refi  Low                          WAMU          1,060,000.00   5/2/2006  N         1
3062680602   1,117,000.00  1,113,025.24  R/T Refi  Full                         WAMU          1,636,000.00   5/3/2006  N         1
3062713718     515,000.00    512,654.02  C/O Refi  Full                         WAMU            750,000.00   5/3/2006  N         1
3062713874     554,000.00    551,980.35  R/T Refi  Full                         WAMU            725,000.00   5/4/2006  N         1
3062724871     504,400.00    502,395.86  C/O Refi  Low                          WAMU            776,000.00   5/8/2006  N         1
3062772508     640,000.00    637,485.97  R/T Refi  Full                         WAMU            820,000.00  5/30/2006  N         1
3062803618     460,000.00    458,775.72  R/T Refi  Low                          WAMU            640,000.00   5/8/2006  N         1
3062808948     520,000.00    518,582.10  R/T Refi  Full                         WAMU            650,000.00  5/30/2006  N         1
642576235      490,500.00    488,754.57  C/O Refi  Full                         WAMU            654,000.00  4/19/2006  N         1
3062231307     960,000.00    956,500.29  C/O Refi  Full                         WAMU          1,200,000.00   5/3/2006  N         1
3061874206     514,500.00    512,669.18  C/O Refi  Full                         WAMU            910,000.00  4/28/2006  N         1
3060737727     930,000.00    926,690.65  C/O Refi  Full                         WAMU          1,700,000.00   5/3/2006  N         1
642543755      595,000.00    593,377.59  R/T Refi  Full                         WAMU            745,000.00   5/8/2006  N         1
3062324151     510,000.00    505,868.23  R/T Refi  Full                         WAMU            675,000.00  4/28/2006  N         1
3062345362     490,000.00    488,695.89  Purchase  Full                         WAMU            615,000.00  5/18/2006  N         1
3061963124     461,200.00    457,407.67  C/O Refi  Full                         WAMU            700,000.00  4/24/2006  N         1
3061783647     640,000.00    637,722.60  Purchase  Full                         WAMU            800,000.00  4/27/2006  N         1
642650311      436,000.00    434,410.54  Purchase  Full                         WAMU            556,000.00  4/26/2006  N         1
3062515188     700,000.00    697,587.20  C/O Refi  Full                         WAMU            875,000.00   5/8/2006  N         1
642538292      730,000.00    728,057.13  R/T Refi  Full                         WAMU          1,015,000.00  5/15/2006  N         1
3061727818   1,000,000.00    996,441.55  R/T Refi  Streamline                   WAMU          1,250,000.00  4/24/2006  N         1
3060556242     445,000.00    443,786.61  Purchase  Full                         WAMU            625,000.00  5/12/2006  N         1
3061165324     776,000.00    773,884.02  Purchase  Full                         WAMU            975,000.00   5/2/2006  N         1
3060521576     650,000.00    648,270.05  Purchase  Full                         WAMU            825,000.00   5/8/2006  N         1
3061798017   1,500,000.00  1,494,662.32  C/O Refi  Full                         WAMU          3,000,000.00   5/3/2006  N         1
3061842393     700,000.00    697,509.07  Purchase  Full                         WAMU          1,210,000.00   5/4/2006  N         1
3061858787     535,000.00    533,049.65  R/T Refi  Low                          WAMU            700,000.00  4/28/2006  N         1
3061861054     586,000.00    583,914.76  R/T Refi  Full                         WAMU            810,000.00   5/1/2006  N         1
3061866749     488,000.00    486,669.34  Purchase  Full                         WAMU          1,000,000.00  5/17/2006  N         1
3061877258     624,000.00    621,725.19  Purchase  Full                         WAMU            780,000.00  4/28/2006  N         1
3062342187     692,000.00    689,477.29  Purchase  Full                         WAMU            865,000.00   5/2/2006  N         1
3062343250     427,500.00    426,334.31  Purchase  Full                         WAMU            450,000.00   5/5/2006  N         1
3062463835     574,000.00    571,957.43  R/T Refi  Full                         WAMU            720,000.00  4/28/2006  N         1
642646624      568,000.00    565,929.33  R/T Refi  Full                         WAMU            710,000.00  4/19/2006  N         1
3061723254     550,000.00    547,994.97  Purchase  Streamline                   WAMU            895,000.00  4/26/2006  N         1
3062326859     590,000.00    587,849.13  R/T Refi  Full                         WAMU            743,000.00  4/28/2006  N         1
3062691328     520,000.00    518,616.02  Purchase  Streamline                   WAMU            650,000.00  5/16/2006  N         1
 61134912      565,000.00    562,940.29  C/O Refi  Full                         WAMU            860,000.00  4/26/2006  N         1
3062615673     508,000.00    506,192.31  C/O Refi  Full                         WAMU            635,000.00  4/28/2006  N         1
3061391136     547,000.00    545,053.54  R/T Refi  Full                         WAMU            725,000.00   5/3/2006  N         1
3061725796     624,000.00    622,298.51  Purchase  Full                         WAMU            780,000.00  5/12/2006  N         1
3061917823     800,000.00    797,870.82  C/O Refi  Streamline                   WAMU          1,500,000.00  5/15/2006  N         1
3061918342     704,000.00    702,126.33  Purchase  Full                         WAMU            885,000.00  5/26/2006  N         1
3062463314     648,800.00    646,434.76  Purchase  Full                         WAMU            811,000.00  4/27/2006  N         1
3062463744   1,000,000.00    395,117.45  Purchase  Low                          WAMU          1,315,000.00  5/15/2006  N         1
3062463793     500,000.00    498,177.23  Purchase  Full                         WAMU            625,000.00  4/27/2006  N         1
3062464627     600,000.00    597,812.67  C/O Refi  Full                         WAMU            850,000.00  4/26/2006  N         1
3062466689     620,800.00    619,107.23  Purchase  Full                         WAMU            776,000.00  5/11/2006  N         1
3062582634     444,000.00    442,420.06  R/T Refi  Full                         WAMU            950,000.00  4/19/2006  N         1
642620728      650,000.00    648,270.05  R/T Refi  Full                         WAMU            850,000.00  5/15/2006  N         1
3062629005     500,000.00    498,669.25  C/O Refi  Full                         WAMU            750,000.00  5/22/2006  N         1
3062629336     450,000.00    448,772.95  C/O Refi  Low                          WAMU            770,000.00  5/23/2006  N         1
735865545      862,500.00    859,056.49  C/O Refi  Full                         WAMU          1,150,000.00  4/27/2006  N         1
683022370      825,000.00    819,693.73  R/T Refi  Streamline                   WAMU          1,100,000.00  1/23/2006  N         1
683022586      582,000.00    578,256.63  R/T Refi  Full                         WAMU            735,000.00   2/6/2006  N         1
709301543      750,000.00    745,290.63  R/T Refi  Full                         WAMU          1,125,000.00  1/26/2006  N         1
709961197      975,000.00    968,728.97  C/O Refi  Full                         WAMU          1,300,000.00  1/17/2006  N         1
712602473      447,000.00    444,124.99  C/O Refi  Reduced                      WAMU            600,000.00  1/25/2006  N         1
712998889      450,000.00    447,401.69  R/T Refi  Reduced                      WAMU            620,000.00  2/13/2006  N         1
713647667      440,000.00    437,169.96  C/O Refi  Reduced                      WAMU            800,000.00  1/17/2006  N         1
642305056      441,000.00    438,163.56  C/O Refi  Reduced                      WAMU            630,000.00  1/10/2006  N         1
3060538950     656,250.00    652,029.06  Purchase  Reduced                      WAMU            875,000.00  1/20/2006  N         1
3061065599   1,115,000.00  1,107,998.71  C/O Refi  Full                         WAMU          2,000,000.00  1/30/2006  N         1
3061151951   1,200,000.00    993,000.69  Purchase  Streamline                   WAMU          2,800,000.00  2/13/2006  N         1
3061316075   1,150,000.00  1,142,778.93  C/O Refi  Full                         WAMU          2,500,000.00   2/3/2006  N         1
3061338665   1,267,500.00  1,260,697.00  C/O Refi  Reduced                      WAMU          1,950,000.00  2/16/2006  N         1
 39488747      420,000.00    416,875.31  R/T Refi  Asset Only                   Wells Fargo     560,000.00   4/3/2006  N         1
 54747175      524,036.00    521,641.54  Purchase  Asset Only                   Wells Fargo     715,000.00  3/17/2006  N         1
 62054978      900,000.00    899,924.59  Purchase  Full                         Wells Fargo   1,125,000.00   4/4/2006  N         1
 63010367      427,500.00    116,070.26  Purchase  Asset Only                   Wells Fargo     580,000.00  3/16/2006  N         1
 63285795      520,000.00    519,999.51  C/O Refi  Asset Only                   Wells Fargo     650,000.00  3/23/2006  N         1
 63339626      517,500.00    515,135.40  Purchase  Asset Only                   Wells Fargo     690,000.00  3/24/2006  N         1
 63374383    1,000,000.00  1,000,000.00  Purchase  Full                         Wells Fargo   2,750,000.00  3/22/2006  N         1
 63432785      435,000.00    433,012.34  R/T Refi  Full                         Wells Fargo     615,000.00  3/17/2006  N         1
 63477251    1,300,000.00  1,294,059.94  R/T Refi  Full                         Wells Fargo   1,865,000.00  3/14/2006  N         1
 63515225      525,000.00    525,000.00  Purchase  Asset Only                   Wells Fargo     657,000.00  4/10/2006  N         1
 63562078      562,400.00    559,830.23  Purchase  Full                         Wells Fargo     710,000.00  3/24/2006  N         1
 63657092    1,000,000.00  1,000,000.00  C/O Refi  Full                         Wells Fargo   1,300,000.00  3/21/2006  N         1
 63739486      820,000.00    820,000.00  C/O Refi  Asset Only                   Wells Fargo   1,270,000.00  3/24/2006  N         1
 63774244      500,000.00    497,715.35  C/O Refi  Asset Only                   Wells Fargo   1,080,000.00  3/16/2006  N         1
 63853386      495,000.00    373,904.21  Purchase  Asset Only                   Wells Fargo     772,000.00  4/11/2006  N         1
 63942981      420,000.00    418,126.63  C/O Refi  Asset Only                   Wells Fargo     795,000.00  3/24/2006  N         1
 63960587    1,000,000.00    995,212.34  Purchase  Full                         Wells Fargo   1,487,000.00  3/17/2006  N         1
 64115868      428,000.00    330,774.62  Purchase  AUS                          Wells Fargo     554,000.00  3/30/2006  N         1
 64146657      460,000.00    458,323.06  Purchase  AUS                          Wells Fargo     575,000.00  4/10/2006  N         1
 64153984      462,400.00    460,337.52  Purchase  AUS                          Wells Fargo     578,000.00  3/24/2006  N         1
 64164932      439,900.00    438,296.31  Purchase  AUS                          Wells Fargo     639,900.00   4/7/2006  N         1
 64249881      750,000.00    746,654.73  C/O Refi  AUS                          Wells Fargo   1,000,000.00   4/1/2006  N         1
 64302052      122,400.00    121,840.72  Purchase  Asset Only                   Wells Fargo     153,000.00  3/31/2006  N         1
148492994    2,000,000.00  2,000,000.00  C/O Refi  Asset Only                   Wells Fargo   3,200,000.00 11/30/2005  N         1
148572431      714,884.00    714,856.29  Purchase  Full                         Wells Fargo     893,606.00  3/31/2006  N         1
148740822      490,000.00    486,387.41  R/T Refi  Asset Only                   Wells Fargo     650,000.00 12/15/2005  N         1
149857385      440,000.00    437,580.83  Purchase  AUS                          Wells Fargo     585,000.00   2/6/2006  N         1
149942831      263,920.00    263,920.00  Purchase  Full                         Wells Fargo     329,900.00  2/14/2006  N         1
150060838      600,000.00    597,323.76  Purchase  Asset Only                   Wells Fargo     840,000.00  3/23/2006  N         1
150082519      115,836.00    115,070.83  C/O Refi  Asset Only                   Wells Fargo     147,000.00   3/7/2006  N         1
150294593      515,000.00    513,120.21  Purchase  Asset Only                   Wells Fargo     860,000.00   4/4/2006  N         1
150300077      840,000.00    840,000.00  C/O Refi  Full                         Wells Fargo   1,225,000.00   2/8/2006  N         1
150341212      543,200.00    540,717.92  Purchase  Asset Only                   Wells Fargo     680,000.00   3/9/2006  N         1
150372217      500,000.00    497,769.79  Purchase  AUS                          Wells Fargo     625,000.00  3/17/2006  N         1
150490936      552,000.00    549,537.87  C/O Refi  Asset Only                   Wells Fargo   1,095,000.00  3/10/2006  N         1
150518074      457,705.00    456,036.41  Purchase  AUS                          Wells Fargo     600,000.00   4/5/2006  N         1
150525475      476,000.00    473,876.83  Purchase  AUS                          Wells Fargo     595,000.00  3/31/2006  N         1
150528545    1,475,000.00  1,466,600.52  Purchase  Full                         Wells Fargo   2,090,000.00  2/22/2006  N         1
150578854      503,000.00    500,701.59  R/T Refi  AUS                          Wells Fargo     645,000.00   3/8/2006  N         1
150593218      514,000.00    511,707.37  R/T Refi  Asset Only                   Wells Fargo     950,000.00  3/13/2006  N         1
150597326      511,920.00    509,580.84  Purchase  AUS                          Wells Fargo     640,000.00   3/2/2006  N         1
150612794      618,000.00    614,682.97  C/O Refi  AUS                          Wells Fargo     865,000.00  2/23/2006  N         1
150616837      486,820.00    484,143.39  Purchase  AUS                          Wells Fargo     621,000.00  2/23/2006  N         1
150629459    1,500,000.00  1,493,146.01  R/T Refi  Full                         Wells Fargo   1,950,000.00  3/17/2006  N         1
150630283      825,000.00    821,230.28  C/O Refi  Asset Only                   Wells Fargo   1,200,000.00  3/28/2006  N         1
150649903      520,000.00    517,623.94  C/O Refi  AUS                          Wells Fargo     650,000.00   3/2/2006  N         1
150703098      460,800.00    459,564.98  Purchase  AUS                          Wells Fargo     590,000.00  3/13/2006  N         1
150707586      429,600.00    427,683.81  C/O Refi  Asset Only                   Wells Fargo     537,000.00  3/27/2006  N         1
150726909      465,000.00    462,875.25  Purchase  AUS                          Wells Fargo     620,000.00  3/17/2006  N         1
150731875      450,000.00    447,943.79  C/O Refi  AUS                          Wells Fargo     600,000.00  3/10/2006  N         1
150752343      477,600.00    475,417.69  Purchase  AUS                          Wells Fargo     600,000.00   3/8/2006  N         1
150766731      513,750.00    511,402.52  Purchase  AUS                          Wells Fargo     698,000.00   3/1/2006  N         1
150777092      510,872.00    508,537.67  C/O Refi  AUS                          Wells Fargo     725,000.00  3/14/2006  N         1
150782084      626,250.00    623,388.46  Purchase  AUS                          Wells Fargo     835,000.00   3/1/2006  N         1
150816742      625,000.00    622,144.18  R/T Refi  Asset Only                   Wells Fargo     950,000.00   3/6/2006  N         1
150817872      504,800.00    502,548.42  Purchase  Full                         Wells Fargo     631,000.00  3/31/2006  N         1
150832608      454,400.00    452,323.69  Purchase  AUS                          Wells Fargo     568,000.00   3/2/2006  N         1
150880326       93,000.00     92,585.18  Purchase  Full                         Wells Fargo      95,000.00  3/10/2006  N         1
150895027      460,000.00    457,525.93  C/O Refi  AUS                          Wells Fargo     575,000.00  3/17/2006  N         1
150900348      488,000.00    485,823.34  C/O Refi  AUS                          Wells Fargo     610,000.00  3/10/2006  N         1
150908077      475,000.00    472,829.55  C/O Refi  Asset Only                   Wells Fargo     818,000.00  3/17/2006  N         1
150911428      575,000.00    572,435.28  R/T Refi  AUS                          Wells Fargo     805,000.00  3/13/2006  N         1
150930873      492,800.00    490,547.39  Purchase  AUS                          Wells Fargo     622,500.00  3/13/2006  N         1
150938587      825,000.00    825,000.00  C/O Refi  Full                         Wells Fargo   1,250,000.00  3/17/2006  N         1
150965317      840,000.00    836,161.12  R/T Refi  Asset Only                   Wells Fargo   1,200,000.00  3/21/2006  N         1
151004397      740,000.00    736,699.29  C/O Refi  Asset Only                   Wells Fargo   1,500,000.00  3/13/2006  N         1
151006905      500,071.00    497,786.02  C/O Refi  Asset Only                   Wells Fargo   1,100,000.00  3/17/2006  N         1
151010519      700,000.00    696,801.47  C/O Refi  Asset Only                   Wells Fargo   1,175,000.00  3/22/2006  N         1
151025913      500,000.00    497,715.10  C/O Refi  Asset Only                   Wells Fargo     675,000.00  3/20/2006  N         1
151048105      595,000.00    592,025.24  C/O Refi  Asset Only                   Wells Fargo     850,000.00  3/17/2006  N         1
151055514      500,000.00    496,250.63  C/O Refi  AUS                          Wells Fargo     710,000.00   3/6/2006  N         1
151070885      500,000.00    497,715.30  R/T Refi  AUS                          Wells Fargo     625,000.00  3/24/2006  N         1
151092426      479,200.00    477,010.34  Purchase  Asset Only                   Wells Fargo     600,000.00  3/17/2006  N         1
151108388      620,240.00    620,240.00  Purchase  Full                         Wells Fargo     777,000.00  3/31/2006  N         1
151122603      530,950.00    530,950.00  Purchase  AUS                          Wells Fargo     667,000.00   4/6/2006  N         1
151123494      504,800.00    504,800.00  Purchase  Full                         Wells Fargo     785,000.00  3/24/2006  N         1
151129046      541,600.00    531,950.61  R/T Refi  AUS                          Wells Fargo     677,000.00  3/27/2006  N         1
151139177      620,000.00    617,234.58  C/O Refi  Asset Only                   Wells Fargo     800,000.00  3/25/2006  N         1
151157344      450,000.00    445,612.21  C/O Refi  Asset Only                   Wells Fargo     765,000.00  3/18/2006  N         1
151166386    1,000,000.00    995,430.66  R/T Refi  Asset Only                   Wells Fargo   2,900,000.00  3/31/2006  N         1
151171923      460,000.00    456,613.34  R/T Refi  AUS                          Wells Fargo     645,000.00  3/20/2006  N         1
151185451      483,750.00    479,516.24  C/O Refi  AUS                          Wells Fargo     645,000.00  3/27/2006  N         1
151188125      540,000.00    537,893.77  Purchase  AUS                          Wells Fargo     690,000.00  4/10/2006  N         1
151202702      505,000.00    502,529.39  C/O Refi  AUS                          Wells Fargo     708,000.00  3/17/2006  N         1
151202801      587,600.00    584,915.03  C/O Refi  Asset Only                   Wells Fargo   1,100,000.00  3/31/2006  N         1
151203296      513,750.00    511,402.52  Purchase  AUS                          Wells Fargo     685,000.00  3/22/2006  N         1
151207552      421,400.00    419,663.75  Purchase  Asset Only                   Wells Fargo     602,000.00   4/6/2006  N         1
151217031      550,000.00    546,030.09  R/T Refi  AUS                          Wells Fargo     700,000.00  3/23/2006  N         1
151219102      500,000.00    497,715.30  C/O Refi  Asset Only                   Wells Fargo     890,000.00  3/13/2006  N         1
151220761    1,215,500.00  1,211,174.71  Purchase  Asset Only                   Wells Fargo   1,870,000.00  3/31/2006  N         1
151221504      510,000.00    509,999.50  Purchase  AUS                          Wells Fargo     680,000.00   4/5/2006  N         1
151239803      544,000.00    543,998.00  C/O Refi  Full                         Wells Fargo     680,000.00  2/15/2006  N         1
151244787      511,400.00    509,535.65  Purchase  Asset Only                   Wells Fargo     690,000.00   4/4/2006  N         1
151266418      460,000.00    460,000.00  Purchase  AUS                          Wells Fargo     577,000.00  3/27/2006  N         1
151270097      632,000.00    629,181.03  C/O Refi  Asset Only                   Wells Fargo     790,000.00  3/27/2006  N         1
151279197      500,000.00    498,177.19  Purchase  AUS                          Wells Fargo     680,000.00  3/29/2006  N         1
151283504      470,568.00    470,568.00  Purchase  AUS                          Wells Fargo     590,000.00  3/28/2006  N         1
151285004      483,250.00    481,488.29  C/O Refi  AUS                          Wells Fargo     680,000.00   4/6/2006  N         1
151287265      544,000.00    539,237.52  Purchase  AUS                          Wells Fargo     685,000.00  3/31/2006  N         1
151293073      492,000.00    491,458.88  Purchase  AUS                          Wells Fargo     615,000.00  3/20/2006  N         1
151314028      568,000.00    564,792.58  Purchase  AUS                          Wells Fargo     750,000.00  3/17/2006  N         1
151320447      465,000.00    462,873.47  C/O Refi  Asset Only                   Wells Fargo     600,000.00  3/22/2006  N         1
151330834    1,500,000.00  1,500,000.00  Purchase  Full                         Wells Fargo   2,225,000.00   4/7/2006  N         1
151352903      522,400.00    520,623.79  Purchase  AUS                          Wells Fargo     653,000.00  3/24/2006  N         1
151366291      736,000.00    391,125.33  Purchase  Asset Only                   Wells Fargo     920,000.00  3/27/2006  N         1
151370764      430,000.00    430,000.00  C/O Refi  Income Only                  Wells Fargo     650,000.00  3/27/2006  N         1
151382868      510,000.00    507,669.64  C/O Refi  Asset Only                   Wells Fargo     680,000.00  3/27/2006  N         1
151394145      780,000.00    776,435.90  C/O Refi  Asset Only                   Wells Fargo   1,200,000.00  3/29/2006  N         1
151463817      476,000.00    476,000.00  R/T Refi  Full                         Wells Fargo     640,000.00  2/15/2006  N         1
151484821      640,000.00    631,999.32  R/T Refi  Asset Only                   Wells Fargo     800,000.00  3/28/2006  N         1
151492022      490,000.00    488,213.66  Purchase  Asset Only                   Wells Fargo     630,000.00   4/7/2006  N         1
151492394      460,000.00    457,601.78  Purchase  AUS                          Wells Fargo     575,000.00  3/31/2006  N         1
151493244      550,000.00    547,486.86  Purchase  Asset Only                   Wells Fargo     825,000.00  3/30/2006  N         1
151501046      480,000.00    479,425.67  C/O Refi  AUS                          Wells Fargo   1,025,000.00  3/23/2006  N         1
151530177      639,200.00    636,199.70  Purchase  Asset Only                   Wells Fargo     799,000.00  3/28/2006  N         1
151584273      633,750.00    633,750.00  Purchase  Asset Only                   Wells Fargo     897,800.00  4/12/2006  N         1
151687894      450,000.00    447,929.85  C/O Refi  Income Only                  Wells Fargo     670,000.00  3/13/2006  N         1
151767951      547,000.00    547,000.00  Purchase  AUS                          Wells Fargo     749,000.00   4/5/2006  N         1

                                   EXHIBIT D-2
                                  LOAN GROUP 2
                             MORTGAGE LOAN SCHEDULE

                                      D-2-1

  LOANID       OCC         PROPTYPE    OTERM  CORTERM  OLTV     RATE    FPDATE     NDDATE     S_MATDATE      PANDI       PTDATE

1063075528  Primary       PUD           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     2,999.12    8/1/2006
1063075845  Primary       SFR           360      355   75.58    6.75   5/1/2006   10/1/2006    4/1/2036     4,215.89    9/1/2006
1063076848  Primary       SFR           360      356      75     6.5   6/1/2006   10/1/2006    5/1/2036     4,408.05    9/1/2006
1063077272  Primary       SFR           360      356      70   6.625   6/1/2006    9/1/2006    5/1/2036     2,868.60    8/1/2006
1063077727  Primary       SFR           360      356   76.35    6.75   6/1/2006   10/1/2006    5/1/2036     2,847.35    9/1/2006
1064034774  Secondary     PUD           360      356   71.47    6.75   6/1/2006    9/1/2006    5/1/2036     3,972.67    8/1/2006
1079064430  Primary       SFR           360      356   73.53    6.75   6/1/2006   10/1/2006    5/1/2036     2,918.70    9/1/2006
1079069998  Primary       SFR           360      356      80     6.5   6/1/2006   10/1/2006    5/1/2036     3,076.67    9/1/2006
1101768786  Primary       SFR           360      356      80   6.875   6/1/2006    9/1/2006    5/1/2036     3,389.75    8/1/2006
1116186285  Primary       SFR           360      355   71.43     6.5   5/1/2006    9/1/2006    4/1/2036     3,792.41    8/1/2006
1150000619  Primary       SFR           360      353      80     6.5   3/1/2006   10/1/2006    2/1/2036     3,109.77    9/1/2006
1175245456  Secondary     SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     5,967.10    8/1/2006
1175245773  Primary       SFR           360      355      80     6.5   5/1/2006    9/1/2006    4/1/2036     3,691.28    8/1/2006
1182109265  Primary       SFR           360      355   48.74    6.75   5/1/2006    9/1/2006    4/1/2036     3,145.70    8/1/2006
1203248676  Primary       PUD           360      355      80     6.5   5/1/2006   10/1/2006    4/1/2036     3,691.28    9/1/2006
1220033847  Primary       SFR           360      356      80   6.875   6/1/2006    9/1/2006    5/1/2036     4,099.66    8/1/2006
1227081961  Primary       SFR           360      356   69.57     6.5   6/1/2006    9/1/2006    5/1/2036     5,056.54    8/1/2006
1234106950  Primary       SFR           360      356   51.58   6.875   6/1/2006   10/1/2006    5/1/2036     4,066.39    9/1/2006
1237061712  Primary       Condo         360      356   54.88     6.5   6/1/2006    9/1/2006    5/1/2036     2,844.31    8/1/2006
1264050300  Primary       SFR           360      355   63.34   6.625   5/1/2006    9/1/2006    4/1/2036     7,096.57    8/1/2006
1264059225  Primary       SFR           360      355      75     6.5   5/1/2006   10/1/2006    4/1/2036     4,266.46    9/1/2006
1279071053  Primary       SFR           360      355   51.87    6.75   5/1/2006   10/1/2006    4/1/2036     3,145.70    9/1/2006
1301414685  Primary       SFR           360      356      80   6.875   6/1/2006    9/1/2006    5/1/2036     2,759.10    8/1/2006
1391185290  Primary       PUD           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     5,577.94    8/1/2006
1399006318  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     2,677.50    8/1/2006
1521186725  Primary       SFR           360      356      80     6.5   6/1/2006   10/1/2006    5/1/2036     4,040.18    9/1/2006
1522126810  Primary       SFR           360      355   36.04    6.75   5/1/2006    9/1/2006    4/1/2036     3,389.57    8/1/2006
1539776569  Primary       PUD           360      356   76.92   6.625   6/1/2006   10/1/2006    5/1/2036     4,162.03    9/1/2006
1539792124  Primary       PUD           360      355      75   6.875   5/1/2006   10/1/2006    4/1/2036     4,779.16    9/1/2006
1539792554  Primary       SFR           360      355   69.54    6.75   5/1/2006   10/1/2006    4/1/2036     3,403.13    9/1/2006
1539796828  Primary       PUD           360      355    71.4     6.5   5/1/2006   10/1/2006    4/1/2036     2,340.00    9/1/2006
1539805736  Primary       SFR           360      356   71.03   6.625   6/1/2006   10/1/2006    5/1/2036     3,925.11    9/1/2006
1539812390  Primary       SFR           360      356   77.04   6.625   6/1/2006    9/1/2006    5/1/2036     2,870.84    8/1/2006
1574375952  Primary       SFR           360      352      80   6.625   2/1/2006    9/1/2006    1/1/2036     3,995.55    8/1/2006
1574387893  Primary       SFR           360      355   59.48     6.5   5/1/2006   10/1/2006    4/1/2036     3,634.40    9/1/2006
1574422520  Primary       SFR           360      356   67.28     6.5   6/1/2006    9/1/2006    5/1/2036     3,912.51    8/1/2006
1574425336  Primary       PUD           360      356   64.71     6.5   6/1/2006   10/1/2006    5/1/2036     6,952.75    9/1/2006
1574428957  Primary       SFR           360      355   70.88     6.5   5/1/2006    9/1/2006    4/1/2036     3,046.57    8/1/2006
1574431951  Primary       SFR           360      355      80   6.625   5/1/2006    9/1/2006    4/1/2036     3,636.97    8/1/2006
1574437153  Primary       SFR           360      356      80   6.875   6/1/2006   10/1/2006    5/1/2036     2,785.38    9/1/2006
1596756144  Primary       SFR           360      355      80     6.5   5/1/2006   10/1/2006    4/1/2036     3,281.70    9/1/2006
1596757555  Primary       SFR           360      355      80   7.125   5/1/2006    9/1/2006    4/1/2036     2,612.50    8/1/2006
1596759460  Primary       SFR           360      355      75     6.5   5/1/2006    9/1/2006    4/1/2036     5,925.64    8/1/2006
1596762486  Primary       PUD           360      355      80   6.625   5/1/2006    9/1/2006    4/1/2036     2,937.09    8/1/2006
1596763729  Primary       SFR           360      355   78.35   6.875   5/1/2006    9/1/2006    4/1/2036     2,805.09    8/1/2006
1596765815  Primary       SFR           360      356      80     6.5   6/1/2006    9/1/2006    5/1/2036     3,084.50    8/1/2006
1596765848  Primary       Condo         360      355      76   6.625   5/1/2006    9/1/2006    4/1/2036     3,649.78    8/1/2006
1596766192  Primary       SFR           360      355      75   6.875   5/1/2006   10/1/2006    4/1/2036     5,271.86    9/1/2006
1596767413  Primary       SFR           360      355      80     6.5   5/1/2006   10/1/2006    4/1/2036     3,559.81    9/1/2006
1596767752  Primary       SFR           360      356   78.74    6.75   6/1/2006   10/1/2006    5/1/2036     3,243.00    9/1/2006
1596768960  Primary       SFR           360      356   53.19   6.875   6/1/2006   10/1/2006    5/1/2036     4,010.42    9/1/2006
1600193065  Primary       SFR           360      356   69.54   6.625   6/1/2006    9/1/2006    5/1/2036     3,201.55    8/1/2006
1609168941  Primary       SFR           360      355   74.63    6.75   5/1/2006    9/1/2006    4/1/2036     3,242.99    8/1/2006
1614086595  Primary       SFR           360      355    67.3   6.875   5/1/2006    9/1/2006    4/1/2036     3,065.10    8/1/2006
1639218550  Secondary     SFR           360      353      65    6.75   3/1/2006    9/1/2006    2/1/2036     8,010.19    8/1/2006
1645141574  Primary       SFR           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     3,580.26    8/1/2006
1730067403  Primary       PUD           360      356      80    6.75   6/1/2006   10/1/2006    5/1/2036     3,165.16    9/1/2006
1742270550  Primary       SFR           360      355   41.59     6.5   5/1/2006    9/1/2006    4/1/2036     4,468.73    8/1/2006
1742281331  Primary       SFR           360      356   49.88    6.75   6/1/2006   10/1/2006    5/1/2036     4,864.49    9/1/2006
1742282640  Primary       Condo         360      355      80   6.625   5/1/2006   10/1/2006    4/1/2036     3,749.67    9/1/2006
1742285649  Secondary     Condo         360      355   77.38    6.75   5/1/2006    9/1/2006    4/1/2036     4,215.89    8/1/2006
1742288658  Primary       SFR           360      356   77.95    7.25   6/1/2006    9/1/2006    5/1/2036     3,110.73    8/1/2006
1742289537  Primary       SFR           360      355   78.69   7.125   5/1/2006   10/1/2006    4/1/2036     2,850.00    9/1/2006
1742291550  Secondary     Condo         360      355      75   6.875   5/1/2006    9/1/2006    4/1/2036     2,728.52    8/1/2006
1742295530  Primary       PUD           360      356   65.19   6.625   6/1/2006    9/1/2006    5/1/2036     2,817.37    8/1/2006
1742295711  Secondary     Condo         360      355      80   6.625   5/1/2006   10/1/2006    4/1/2036     3,739.42    9/1/2006
1742299268  Primary       SFR           360      355      80   6.875   5/1/2006   10/1/2006    4/1/2036     2,864.21    9/1/2006
1742311986  Primary       SFR           360      356      80   6.875   6/1/2006   11/1/2006    5/1/2036     2,979.17   10/1/2006
1760352599  Primary       SFR           360      351   72.61   6.875   1/1/2006    9/1/2006   12/1/2035     2,837.94    8/1/2006
1760396244  Primary       SFR           360      353   46.88     6.5   3/1/2006    9/1/2006    2/1/2036     4,740.52    8/1/2006
1760420429  Primary       Cooperative   360      354   57.65    6.75   4/1/2006    9/1/2006    3/1/2036     3,178.14    8/1/2006
1760424463  Primary       SFR           360      354      80     6.5   4/1/2006    9/1/2006    3/1/2036     4,057.88    8/1/2006
1760434230  Primary       SFR           360      356      80       7   6/1/2006    9/1/2006    5/1/2036     4,311.17    8/1/2006
1760435925  Primary       SFR           360      355      80   6.625   5/1/2006   10/1/2006    4/1/2036     3,893.10    9/1/2006
1760439008  Secondary     SFR           360      355      65     6.5   5/1/2006   10/1/2006    4/1/2036     5,135.56    9/1/2006
1760442341  Primary       SFR           360      354      80     6.5   4/1/2006    9/1/2006    3/1/2036     4,040.18    8/1/2006
1760444835  Primary       Cooperative   360      356   70.07     6.5   6/1/2006    9/1/2006    5/1/2036     4,424.48    8/1/2006
1760448610  Primary       2-Family      360      355      80     6.5   5/1/2006   10/1/2006    4/1/2036     3,514.30    9/1/2006
1760449602  Primary       SFR           360      356      80     6.5   6/1/2006   10/1/2006    5/1/2036     3,902.08    9/1/2006
1760450215  Primary       2-Family      360      355   85.94    6.75   5/1/2006   10/1/2006    4/1/2036     3,567.29    9/1/2006
1760451149  Primary       SFR           360      355      75   6.625   5/1/2006   10/1/2006    4/1/2036     4,922.40    9/1/2006
1760451251  Primary       SFR           360      355   74.42    6.75   5/1/2006    9/1/2006    4/1/2036     5,188.79    8/1/2006
1760452640  Primary       SFR           360      355      75   6.875   5/1/2006   10/1/2006    4/1/2036     4,089.39    9/1/2006
1760453494  Primary       SFR           360      356   65.12     6.5   6/1/2006   10/1/2006    5/1/2036     3,539.59    9/1/2006
1760453701  Primary       Cooperative   360      355      80     6.5   5/1/2006    9/1/2006    4/1/2036     3,160.35    8/1/2006
1760455456  Primary       SFR           360      355   50.25     6.5   5/1/2006   10/1/2006    4/1/2036     3,160.35    9/1/2006
1760457531  Primary       2-Family      360      356      75   6.875   6/1/2006    9/1/2006    5/1/2036     4,187.93    8/1/2006
1760457790  Primary       Condo         360      356      80    6.75   6/1/2006   10/1/2006    5/1/2036     2,970.00    9/1/2006
1760460354  Primary       2-Family      360      356      64    6.75   6/1/2006   10/1/2006    5/1/2036     5,188.79    9/1/2006
1760460649  Primary       SFR           360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     3,073.50    8/1/2006
1760461186  Primary       SFR           360      356      80     6.5   6/1/2006    9/1/2006    5/1/2036     3,918.83    8/1/2006
1760464617  Primary       2-Family      360      356   66.67    6.75   6/1/2006    9/1/2006    5/1/2036     4,215.89    8/1/2006
1760466893  Primary       2-Family      360      356   78.32    6.75   6/1/2006    9/1/2006    5/1/2036     3,632.15    8/1/2006
1760467229  Secondary     Condo         360      356      80     6.5   6/1/2006   10/1/2006    5/1/2036     3,008.65    9/1/2006
1761543694  Primary       SFR           360      356   75.85     6.5   6/1/2006    9/1/2006    5/1/2036     3,116.10    8/1/2006
1813285046  Primary       SFR           360      355   57.89     6.5   5/1/2006    9/1/2006    4/1/2036     3,476.37    8/1/2006
1821289687  Primary       SFR           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     3,320.30    8/1/2006
1826413193  Primary       SFR           360      356   59.03   6.625   6/1/2006    9/1/2006    5/1/2036     3,401.97    8/1/2006
1835132413  Primary       SFR           360      356   79.28    6.75   6/1/2006    9/1/2006    5/1/2036     2,853.83    8/1/2006
1844402246  Primary       SFR           360      355   59.79   6.875   5/1/2006    9/1/2006    4/1/2036     2,956.18    8/1/2006
1844421116  Primary       SFR           360      354   72.13     6.5   4/1/2006    9/1/2006    3/1/2036     2,781.10    8/1/2006
1844486723  Primary       SFR           360      355   77.92     6.5   5/1/2006    9/1/2006    4/1/2036     3,792.41    8/1/2006
1845566679  Secondary     SFR           360      355      80    6.75   5/1/2006   10/1/2006    4/1/2036     3,761.87    9/1/2006
 35485184   Primary       SFR           360      355   66.67   6.625   5/1/2006    9/1/2006    4/1/2036     6,403.11    8/1/2006
 34179267   Primary       SFR           360      355      80     6.5   5/1/2006    9/1/2006    4/1/2036     3,099.16    8/1/2006
 34988030   Primary       SFR           360      354   67.06     6.5   4/1/2006    9/1/2006    3/1/2036     3,602.79    8/1/2006
 35452770   Secondary     SFR           360      355      75    6.75   5/1/2006   10/1/2006    4/1/2036     3,653.23    9/1/2006
 32146649   Secondary     SFR           360      355   54.72    6.75   5/1/2006    9/1/2006    4/1/2036     5,072.04    8/1/2006
 203252622  Primary       SFR           360      355      80    6.75   5/1/2006   10/1/2006    4/1/2036     3,087.33    9/1/2006
 203053780  Primary       SFR           360      355    42.5     6.5   5/1/2006    9/1/2006    4/1/2036     3,357.87    8/1/2006
 203260591  Primary       Condo         360      355   57.78     6.5   5/1/2006    9/1/2006    4/1/2036     3,286.76    8/1/2006
 144378262  Primary       SFR           360      355   68.27     6.5   5/1/2006    9/1/2006    4/1/2036     3,236.19    8/1/2006
 202877155  Primary       SFR           360      355   67.59   6.625   5/1/2006    9/1/2006    4/1/2036     3,137.52    8/1/2006
 203148069  Primary       PUD           360      355   68.06     6.5   5/1/2006   10/1/2006    4/1/2036     3,097.13    9/1/2006
 203169909  Primary       SFR           360      355      80   6.875   5/1/2006    9/1/2006    4/1/2036     4,362.01    8/1/2006
 202960258  Primary       SFR           360      355   66.67    6.75   5/1/2006    9/1/2006    4/1/2036     6,485.98    8/1/2006
 203227418  Primary       SFR           360      355      80    6.75   5/1/2006   10/1/2006    4/1/2036     3,632.15    9/1/2006
 203241021  Primary       SFR           360      355      80   6.625   5/1/2006    9/1/2006    4/1/2036     3,058.13    8/1/2006
 144860301  Primary       SFR           360      355      75    6.75   5/1/2006   10/1/2006    4/1/2036     4,134.82    9/1/2006
 203048681  Investor      2-Family      360      355   67.52     6.5   5/1/2006    9/1/2006    4/1/2036     2,765.30    8/1/2006
 203266481  Primary       SFR           360      355   65.23    6.75   5/1/2006   10/1/2006    4/1/2036     3,152.19    9/1/2006
 203124458  Primary       SFR           360      355      80     6.5   5/1/2006   10/1/2006    4/1/2036     4,171.65    9/1/2006
 144934791  Primary       SFR           360      355      80     6.5   5/1/2006    9/1/2006    4/1/2036     3,691.28    8/1/2006
 203346168  Primary       PUD           360      355    73.4     6.5   5/1/2006   10/1/2006    4/1/2036     3,920.40    9/1/2006
 203210380  Primary       SFR           360      355   68.97     6.5   5/1/2006    9/1/2006    4/1/2036     3,160.34    8/1/2006
 203077680  Primary       SFR           360      355      80   6.625   5/1/2006    9/1/2006    4/1/2036     3,304.00    8/1/2006
 203237706  Primary       SFR           360      355   69.02     6.5   5/1/2006    9/1/2006    4/1/2036     4,013.63    8/1/2006
 203220116  Investor      SFR           360      355   60.61     6.5   5/1/2006    9/1/2006    4/1/2036     3,160.34    8/1/2006
 203269345  Primary       PUD           360      355      75   6.625   5/1/2006    9/1/2006    4/1/2036     3,169.54    8/1/2006
 203216239  Primary       SFR           360      356   76.92   6.625   6/1/2006    9/1/2006    5/1/2036     3,201.56    8/1/2006
 203365267  Primary       PUD           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     3,320.82    8/1/2006
 34423731   Primary       SFR           360      355   79.23     6.5   5/1/2006   10/1/2006    4/1/2036     3,255.15    9/1/2006
 37510237   Primary       SFR           360      355   69.25    6.75   5/1/2006    9/1/2006    4/1/2036     3,009.50    8/1/2006
 144774163  Primary       SFR           360      355   36.63     6.5   5/1/2006   10/1/2006    4/1/2036     6,320.69    9/1/2006
 203320031  Primary       SFR           360      355   74.67       7   5/1/2006    9/1/2006    4/1/2036     3,725.69    8/1/2006
 203165618  Primary       2-Family      360      355   67.39   6.625   5/1/2006    9/1/2006    4/1/2036     4,962.41    8/1/2006
 202852620  Primary       SFR           360      355   64.44     6.5   5/1/2006    9/1/2006    4/1/2036     3,299.40    8/1/2006
 144671971  Primary       2-Family      360      355   53.75     6.5   5/1/2006    9/1/2006    4/1/2036     4,076.84    8/1/2006
 203137229  Primary       SFR           360      355   66.25    6.75   5/1/2006    9/1/2006    4/1/2036     3,437.57    8/1/2006
 202970877  Secondary     SFR           360      355      65   6.625   5/1/2006    9/1/2006    4/1/2036    12,407.63    8/1/2006
 29598422   Primary       SFR           360      356   75.18   6.625   6/1/2006    9/1/2006    5/1/2036     3,393.65    8/1/2006
 29893443   Primary       SFR           360      352   78.08     6.5   2/1/2006    9/1/2006    1/1/2036     4,007.31    8/1/2006
 30722045   Primary       SFR           360      356   65.12   6.625   6/1/2006    9/1/2006    5/1/2036     2,881.40    8/1/2006
 35226414   Secondary     SFR           360      356      75   6.625   6/1/2006    9/1/2006    5/1/2036     3,481.69    8/1/2006
 35392919   Primary       SFR           360      356   48.94    6.75   6/1/2006    9/1/2006    5/1/2036     7,458.88    8/1/2006
 144104668  Primary       SFR           360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     3,765.03    8/1/2006
 144108453  Primary       SFR           360      356      80     6.5   6/1/2006   10/1/2006    5/1/2036     3,792.41    9/1/2006
 144550175  Primary       SFR           360      356   73.86     6.5   6/1/2006    9/1/2006    5/1/2036     4,108.45    8/1/2006
 144608312  Primary       PUD           360      356      75     6.5   6/1/2006    9/1/2006    5/1/2036     3,152.44    8/1/2006
 144708005  Secondary     Condo         360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     2,983.56    8/1/2006
 144728011  Secondary     PUD           360      356   68.97   6.625   6/1/2006    9/1/2006    5/1/2036     3,201.56    8/1/2006
 144768397  Primary       PUD           360      356   68.92     6.5   6/1/2006    9/1/2006    5/1/2036     3,223.55    8/1/2006
 144861184  Primary       SFR           360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     2,583.75    8/1/2006
 144863545  Primary       Condo         360      356   71.94    6.75   6/1/2006    9/1/2006    5/1/2036     3,243.00    8/1/2006
 144867470  Primary       SFR           360      356   71.54   6.875   6/1/2006   10/1/2006    5/1/2036     3,054.72    9/1/2006
 144936366  Primary       SFR           360      356   65.09   6.875   6/1/2006    9/1/2006    5/1/2036     3,613.11    8/1/2006
 144937174  Primary       PUD           360      356   51.03   6.625   6/1/2006    9/1/2006    5/1/2036     4,738.31    8/1/2006
 144959566  Primary       SFR           360      356      70    6.75   6/1/2006   10/1/2006    5/1/2036     4,540.19    9/1/2006
 144961117  Primary       SFR           360      356   67.52    6.75   6/1/2006   10/1/2006    5/1/2036     2,912.21    9/1/2006
 203123310  Primary       PUD           360      355      80     6.5   5/1/2006    9/1/2006    4/1/2036     3,033.30    8/1/2006
 203173232  Primary       PUD           360      355      80   6.625   5/1/2006    9/1/2006    4/1/2036     4,174.83    8/1/2006
 203248604  Primary       SFR           360      356   78.99   6.875   6/1/2006    9/1/2006    5/1/2036     3,191.37    8/1/2006
 203250295  Primary       PUD           360      356   75.98   6.625   6/1/2006    9/1/2006    5/1/2036     3,038.28    8/1/2006
 203258520  Primary       SFR           360      356   78.66   6.625   6/1/2006    9/1/2006    5/1/2036     3,560.94    8/1/2006
 203266598  Primary       PUD           360      355      80     6.5   5/1/2006   11/1/2006    4/1/2036     3,868.26   10/1/2006
 203275359  Primary       SFR           360      356      54     6.5   6/1/2006    9/1/2006    5/1/2036     3,836.66    8/1/2006
 203276969  Primary       SFR           360      356   61.64     6.5   6/1/2006    9/1/2006    5/1/2036     2,844.31    8/1/2006
 203277603  Primary       PUD           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     2,806.49    8/1/2006
 203280169  Primary       PUD           360      356   77.54     6.5   6/1/2006   10/1/2006    5/1/2036     3,185.63    9/1/2006
 203281209  Primary       SFR           360      356      75   6.625   6/1/2006   10/1/2006    5/1/2036     3,721.81    9/1/2006
 203281373  Primary       SFR           360      355   78.73       7   5/1/2006    9/1/2006    4/1/2036     3,299.90    8/1/2006
 203282025  Primary       SFR           360      356      53     6.5   6/1/2006    9/1/2006    5/1/2036     3,157.92    8/1/2006
 203288071  Secondary     Condo         360      356   57.83    6.75   6/1/2006    9/1/2006    5/1/2036     3,281.91    8/1/2006
 203324314  Primary       PUD           360      356   75.58     6.5   6/1/2006   10/1/2006    5/1/2036     3,090.82    9/1/2006
 203329933  Primary       SFR           360      355   54.35   6.625   5/1/2006    9/1/2006    4/1/2036     3,201.55    8/1/2006
 203332002  Primary       SFR           360      356   77.09   6.625   6/1/2006    9/1/2006    5/1/2036     5,429.84    8/1/2006
 203333760  Primary       PUD           360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     3,222.05    8/1/2006
 203341771  Primary       SFR           360      356   73.44   6.625   6/1/2006   10/1/2006    5/1/2036     2,594.79    9/1/2006
 203366000  Primary       SFR           360      356   78.95     6.5   6/1/2006   10/1/2006    5/1/2036     4,062.50    9/1/2006
 203366752  Primary       PUD           360      356   74.45     6.5   6/1/2006    9/1/2006    5/1/2036     2,800.07    8/1/2006
 203367156  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     3,294.88    8/1/2006
 203387592  Primary       PUD           360      356   69.81   6.625   6/1/2006   11/1/2006    5/1/2036     2,961.44   10/1/2006
 203388715  Primary       PUD           360      356   61.05    6.75   6/1/2006    9/1/2006    5/1/2036     3,405.15    8/1/2006
 203392378  Primary       PUD           360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     2,945.44    8/1/2006
 203405865  Primary       SFR           360      356   49.43   6.625   6/1/2006    9/1/2006    5/1/2036     4,430.96    8/1/2006
 203408190  Primary       SFR           360      356   45.14   6.625   6/1/2006    9/1/2006    5/1/2036     4,609.90    8/1/2006
 203412705  Investor      SFR           360      356      75    6.75   6/1/2006    9/1/2006    5/1/2036     4,022.93    8/1/2006
 203418371  Investor      SFR           360      356      50    6.75   6/1/2006    9/1/2006    5/1/2036     4,215.89    8/1/2006
 203419627  Primary       PUD           360      356   42.45    6.75   6/1/2006    9/1/2006    5/1/2036     3,028.96    8/1/2006
 203436027  Primary       Condo         360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     3,975.06    8/1/2006
 37751914   Investor      SFR           360      357      80       7   7/1/2006    9/1/2006    6/1/2036     3,981.18    8/1/2006
 203506878  Primary       SFR           360      357   68.49     6.5   7/1/2006   10/1/2006    6/1/2036     3,160.35    9/1/2006
 37792215   Primary       SFR           360      357   68.18    6.75   7/1/2006   10/1/2006    6/1/2036     4,864.49    9/1/2006
 35572445   Secondary     SFR           360      357      65       7   7/1/2006   10/1/2006    6/1/2036     3,027.13    9/1/2006
 35036789   Primary       SFR           360      357   74.99   6.625   7/1/2006   11/1/2006    6/1/2036     3,932.79   10/1/2006
 144995024  Primary       SFR           360      357   79.15   6.875   7/1/2006    9/1/2006    6/1/2036     3,431.80    8/1/2006
 145216008  Primary       PUD           360      357   51.68    6.75   7/1/2006    9/1/2006    6/1/2036     4,189.95    8/1/2006
 203438940  Secondary     SFR           360      356      80     6.5   6/1/2006    9/1/2006    5/1/2036     3,539.58    8/1/2006
 36979631   Secondary     SFR           360      357   55.85    6.75   7/1/2006   10/1/2006    6/1/2036     7,063.23    9/1/2006
 203505847  Primary       SFR           360      357   64.83   6.875   7/1/2006    9/1/2006    6/1/2036     3,747.78    8/1/2006
 203581830  Secondary     Condo         360      357      80       7   7/1/2006    9/1/2006    6/1/2036     3,911.32    8/1/2006
 203443015  Primary       Condo         360      357   73.17     6.5   7/1/2006   10/1/2006    6/1/2036     4,740.52    9/1/2006
 203466800  Primary       SFR           360      357   65.91   6.625   7/1/2006    9/1/2006    6/1/2036     3,713.80    8/1/2006
 203451844  Primary       Condo         360      357   55.49   6.625   7/1/2006    9/1/2006    6/1/2036     5,762.80    8/1/2006
 203509310  Primary       SFR           360      357   56.84   6.625   7/1/2006    9/1/2006    6/1/2036     3,457.68    8/1/2006
 203472691  Primary       PUD           360      357   43.17   6.875   7/1/2006    9/1/2006    6/1/2036     2,967.71    8/1/2006
 145003307  Primary       PUD           360      357      80   6.625   7/1/2006   10/1/2006    6/1/2036     2,868.60    9/1/2006
 144420486  Investor      SFR           360      357   63.23    6.75   7/1/2006   11/1/2006    6/1/2036     3,178.14   10/1/2006
 203588702  Primary       PUD           360      357   67.62    6.75   7/1/2006   10/1/2006    6/1/2036     3,993.75    9/1/2006
 203546825  Primary       SFR           360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     3,613.11    8/1/2006
 203570544  Primary       SFR           360      357   68.06    6.75   7/1/2006   10/1/2006    6/1/2036     4,215.89    9/1/2006
 144121746  Primary       SFR           360      357      80     6.5   7/1/2006    9/1/2006    6/1/2036     4,399.19    8/1/2006
 31612872   Primary       SFR           360      357   46.09   6.875   7/1/2006    9/1/2006    6/1/2036     9,689.70    8/1/2006
 203346283  Investor      SFR           360      357   77.84       7   7/1/2006   10/1/2006    6/1/2036     4,324.47    9/1/2006
 144125887  Primary       SFR           360      357   74.76    6.75   7/1/2006    9/1/2006    6/1/2036     5,091.50    8/1/2006
 35055086   Primary       SFR           360      357   79.76     6.5   7/1/2006    9/1/2006    6/1/2036     5,056.54    8/1/2006
 203498084  Primary       PUD           360      357   66.99    6.75   7/1/2006   10/1/2006    6/1/2036     3,437.57    9/1/2006
 203423926  Primary       SFR           360      357   68.97     6.5   7/1/2006    9/1/2006    6/1/2036     3,160.34    8/1/2006
 203541974  Primary       SFR           360      357      80   6.875   7/1/2006   10/1/2006    6/1/2036     4,308.33    9/1/2006
 203436449  Primary       SFR           360      357    68.4   6.625   7/1/2006   10/1/2006    6/1/2036     4,051.25    9/1/2006
 37211331   Primary       SFR           360      357   45.14    6.75   7/1/2006    9/1/2006    6/1/2036     9,728.97    8/1/2006
 145002358  Primary       SFR           360      357   60.17    6.75   7/1/2006    9/1/2006    6/1/2036     4,605.05    8/1/2006
 145128518  Primary       SFR           360      357   68.48     6.5   7/1/2006   10/1/2006    6/1/2036     2,318.33    9/1/2006
 203190327  Primary       Condo         360      357   60.14    6.75   7/1/2006    9/1/2006    6/1/2036     2,847.35    8/1/2006
 35413145   Secondary     SFR           360      357   77.87    6.75   7/1/2006   10/1/2006    6/1/2036     3,535.51    9/1/2006
 203530522  Primary       SFR           360      357   67.19     6.5   7/1/2006    9/1/2006    6/1/2036     4,076.84    8/1/2006
 203509377  Secondary     SFR           360      357   64.71    6.75   7/1/2006    9/1/2006    6/1/2036     3,567.29    8/1/2006
 203496260  Primary       SFR           360      357   76.47    6.75   7/1/2006   10/1/2006    6/1/2036     4,215.89    9/1/2006
 144996873  Investor      2-Family      360      357      70   6.875   7/1/2006    9/1/2006    6/1/2036     3,087.95    8/1/2006
 203542337  Primary       SFR           360      357   79.79   6.875   7/1/2006    9/1/2006    6/1/2036     3,013.99    8/1/2006
 203501036  Primary       PUD           360      357   77.54   6.625   7/1/2006   10/1/2006    6/1/2036     5,061.66    9/1/2006
 144103041  Primary       SFR           360      356      80   6.875   6/1/2006   10/1/2006    5/1/2036     3,752.89    9/1/2006
 203559737  Primary       SFR           360      357   74.53    6.75   7/1/2006    9/1/2006    6/1/2036     2,827.89    8/1/2006
 203311691  Secondary     Condo         360      356      85    6.75   6/1/2006   10/1/2006    5/1/2036     4,052.12    9/1/2006
 203554134  Primary       SFR           360      357   53.76    6.75   7/1/2006    9/1/2006    6/1/2036     3,243.00    8/1/2006
 203508221  Secondary     SFR           360      357   43.32   7.125   7/1/2006    9/1/2006    6/1/2036     5,325.74    8/1/2006
 144106697  Primary       SFR           360      357    62.5    6.75   7/1/2006   10/1/2006    6/1/2036     4,921.88    9/1/2006
 203663844  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,554.32    8/1/2006
 203546445  Primary       Condo         360      357      80   6.625   7/1/2006    9/1/2006    6/1/2036     3,124.72    8/1/2006
 203512199  Primary       SFR           360      357   70.31   6.875   7/1/2006    9/1/2006    6/1/2036     2,956.18    8/1/2006
 203453071  Primary       SFR           360      357   74.13    6.75   7/1/2006    9/1/2006    6/1/2036     4,190.63    8/1/2006
 203401559  Primary       SFR           360      357      80     6.5   7/1/2006   10/1/2006    6/1/2036     2,897.40    9/1/2006
 203287008  Primary       PUD           360      357   78.87     6.5   7/1/2006   10/1/2006    6/1/2036     3,122.42    9/1/2006
 203638739  Primary       SFR           360      358      80   6.875   8/1/2006   10/1/2006    7/1/2036     3,705.08    9/1/2006
 203532031  Primary       PUD           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,476.49    8/1/2006
 203533567  Primary       PUD           360      357   65.77     6.5   7/1/2006   10/1/2006    6/1/2036     3,596.15    9/1/2006
 203390489  Primary       SFR           360      357      80   6.875   7/1/2006   10/1/2006    6/1/2036     4,204.34    9/1/2006
 203461694  Primary       PUD           360      356      80     6.5   6/1/2006    9/1/2006    5/1/2036     3,094.61    8/1/2006
 145210761  Primary       SFR           360      357      70   6.625   7/1/2006   10/1/2006    6/1/2036     3,002.42    9/1/2006
 203440789  Secondary     PUD           360      357      80    6.75   7/1/2006   10/1/2006    6/1/2036     3,990.18    9/1/2006
 144871951  Primary       Condo         360      357   75.76   6.875   7/1/2006    9/1/2006    6/1/2036     3,284.65    8/1/2006
 144126034  Primary       PUD           360      357   79.17     6.5   7/1/2006   10/1/2006    6/1/2036     4,108.44    9/1/2006
 203438429  Primary       SFR           360      357   61.11     6.5   7/1/2006    9/1/2006    6/1/2036     3,476.38    8/1/2006
 203496385  Primary       SFR           360      357    63.8     6.5   7/1/2006    9/1/2006    6/1/2036     3,185.63    8/1/2006
 203647870  Primary       SFR           360      357   72.22       7   7/1/2006    9/1/2006    6/1/2036     4,324.47    8/1/2006
 203407275  Primary       PUD           360      357      80     6.5   7/1/2006    9/1/2006    6/1/2036     3,109.77    8/1/2006
 144862547  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,865.65    8/1/2006
 203353883  Primary       SFR           360      356   57.85   6.625   6/1/2006   10/1/2006    5/1/2036     3,137.52    9/1/2006
 144721941  Primary       PUD           360      357   79.28     6.5   7/1/2006    9/1/2006    6/1/2036     3,918.83    8/1/2006
 203449756  Primary       PUD           360      357   66.45     6.5   7/1/2006    9/1/2006    6/1/2036     3,191.94    8/1/2006
 203520432  Primary       SFR           360      357   76.19   7.125   7/1/2006    9/1/2006    6/1/2036     3,772.82    8/1/2006
 145002713  Primary       Condo         360      357   66.91    6.75   7/1/2006   10/1/2006    6/1/2036     2,951.13    9/1/2006
 203417696  Primary       SFR           360      356      78    6.75   6/1/2006    9/1/2006    5/1/2036     2,782.49    8/1/2006
 145210332  Primary       SFR           360      357      80    6.75   7/1/2006   10/1/2006    6/1/2036     3,896.26    9/1/2006
 144919206  Primary       SFR           360      357      80    6.75   7/1/2006   10/1/2006    6/1/2036     3,709.99    9/1/2006
 35074947   Primary       SFR           360      357   64.15    6.75   7/1/2006   10/1/2006    6/1/2036     3,486.86    9/1/2006
 203360904  Primary       SFR           360      356   69.23     6.5   6/1/2006    9/1/2006    5/1/2036     2,844.31    8/1/2006
 203461355  Primary       SFR           360      357   74.78    6.75   7/1/2006   10/1/2006    6/1/2036     2,788.98    9/1/2006
 203563762  Primary       SFR           360      357   24.53    6.75   7/1/2006    9/1/2006    6/1/2036     4,215.89    8/1/2006
 202596078  Primary       PUD           360      357      80   6.625   7/1/2006    9/1/2006    6/1/2036     2,999.86    8/1/2006
 203364773  Primary       SFR           360      356   60.61     6.5   6/1/2006    9/1/2006    5/1/2036     6,320.68    8/1/2006
 203402300  Primary       SFR           360      356   54.95    6.75   6/1/2006   10/1/2006    5/1/2036     3,243.00    9/1/2006
 203474143  Primary       Condo         360      356      80   6.625   6/1/2006    9/1/2006    5/1/2036     2,850.66    8/1/2006
 36549939   Secondary     Condo         360      357      65   7.125   7/1/2006    9/1/2006    6/1/2036     4,160.21    8/1/2006
 144996477  Primary       SFR           360      357      75   6.875   7/1/2006    9/1/2006    6/1/2036     2,759.11    8/1/2006
 144993615  Primary       SFR           360      357   52.94    6.75   7/1/2006    9/1/2006    6/1/2036     2,918.70    8/1/2006
 144686219  Primary       SFR           360      357   74.96   6.875   7/1/2006   10/1/2006    6/1/2036     3,777.35    9/1/2006
 203386008  Primary       SFR           360      357   76.44    6.75   7/1/2006    9/1/2006    6/1/2036     3,093.81    8/1/2006
 203228523  Secondary     PUD           360      355      70     6.5   5/1/2006   10/1/2006    4/1/2036     2,986.52    9/1/2006
 203570700  Primary       PUD           360      357   45.45       7   7/1/2006    9/1/2006    6/1/2036     2,916.67    8/1/2006
 203603816  Primary       SFR           360      357   74.97    6.75   7/1/2006    9/1/2006    6/1/2036     3,476.49    8/1/2006
 144987500  Primary       PUD           360      357      75    6.75   7/1/2006   10/1/2006    6/1/2036     3,256.88    9/1/2006
 144995255  Primary       SFR           360      357      75   6.875   7/1/2006    9/1/2006    6/1/2036     3,079.36    8/1/2006
 203385075  Primary       SFR           360      356    73.2    6.75   6/1/2006    9/1/2006    5/1/2036     3,560.80    8/1/2006
 144921343  Primary       PUD           360      357   39.62    6.75   7/1/2006    9/1/2006    6/1/2036     2,724.12    8/1/2006
 144969219  Primary       SFR           360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     4,782.45    8/1/2006
 144995214  Primary       SFR           360      357   69.58    6.75   7/1/2006    9/1/2006    6/1/2036     3,145.71    8/1/2006
 203496658  Primary       SFR           360      357   79.64     6.5   7/1/2006   10/1/2006    6/1/2036     2,819.02    9/1/2006
3062111590  Primary       PUD           360      356   37.05   6.875   6/1/2006    9/1/2006    5/1/2036     3,468.58    8/1/2006
3062643220  Primary       PUD           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,658.09    8/1/2006
 66722935   Primary       SFR           360      356   53.53   6.875   6/1/2006    9/1/2006    5/1/2036     2,989.03    8/1/2006
 66738907   Primary       SFR           360      356   64.11    6.75   6/1/2006   10/1/2006    5/1/2036     3,638.64    9/1/2006
 66759143   Primary       PUD           360      357   67.22    6.75   7/1/2006    9/1/2006    6/1/2036     3,139.15    8/1/2006
 66769134   Primary       SFR           360      357   76.38   6.875   7/1/2006    9/1/2006    6/1/2036     3,186.10    8/1/2006
3061029454  Secondary     SFR           360      357   70.32    6.75   7/1/2006    9/1/2006    6/1/2036     2,873.29    8/1/2006
3061037192  Primary       SFR           360      357   62.87   6.875   7/1/2006    9/1/2006    6/1/2036     3,448.88    8/1/2006
3061345710  Primary       PUD           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     3,372.71    8/1/2006
3061346700  Primary       SFR           360      357   73.48    6.75   7/1/2006    9/1/2006    6/1/2036     2,892.75    8/1/2006
3061396572  Primary       PUD           360      356      48    6.75   6/1/2006   10/1/2006    5/1/2036     3,580.26    9/1/2006
3061397992  Primary       SFR           360      356   76.96   6.875   6/1/2006    9/1/2006    5/1/2036     3,159.83    8/1/2006
3061406975  Primary       SFR           360      357   79.74   6.875   7/1/2006    9/1/2006    6/1/2036     4,007.27    8/1/2006
3061593392  Primary       SFR           360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     3,232.09    8/1/2006
3061677757  Primary       Condo         360      356   72.76    6.75   6/1/2006    9/1/2006    5/1/2036     3,586.75    8/1/2006
3061704981  Primary       SFR           360      356   54.24    6.75   6/1/2006    9/1/2006    5/1/2036     4,397.50    8/1/2006
3061905315  Primary       Condo         360      357   78.05   6.875   7/1/2006   10/1/2006    6/1/2036     3,153.26    9/1/2006
3061907154  Primary       SFR           360      356   72.73    6.75   6/1/2006    9/1/2006    5/1/2036     3,019.22    8/1/2006
3061953109  Primary       SFR           360      356    66.1    6.75   6/1/2006    9/1/2006    5/1/2036     3,414.87    8/1/2006
3061960435  Primary       SFR           360      356   65.92    6.75   6/1/2006    9/1/2006    5/1/2036     3,035.44    8/1/2006
3061960591  Primary       SFR           360      356   69.94    6.75   6/1/2006    9/1/2006    5/1/2036     3,969.42    8/1/2006
3062007665  Primary       SFR           360      356   74.68   6.875   6/1/2006    9/1/2006    5/1/2036     3,691.94    8/1/2006
3062120963  Primary       SFR           360      356   43.03   6.875   6/1/2006    9/1/2006    5/1/2036     3,041.59    8/1/2006
3062131887  Secondary     SFR           360      356      80   7.125   6/1/2006   10/1/2006    5/1/2036     4,177.06    9/1/2006
3062132166  Secondary     SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     3,372.71    8/1/2006
3062133230  Primary       SFR           360      356   79.47    6.75   6/1/2006   10/1/2006    5/1/2036     3,891.59    9/1/2006
3062133958  Primary       SFR           360      356   61.38    6.75   6/1/2006    9/1/2006    5/1/2036     5,474.17    8/1/2006
3062139534  Primary       SFR           360      357   45.33    6.75   7/1/2006    9/1/2006    6/1/2036     4,410.47    8/1/2006
3062141209  Primary       SFR           360      357   67.95   6.875   7/1/2006    9/1/2006    6/1/2036     5,222.58    8/1/2006
3062165422  Primary       SFR           360      356   65.35    6.75   6/1/2006    9/1/2006    5/1/2036     4,280.75    8/1/2006
3062166651  Primary       Condo         360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     2,785.38    8/1/2006
3062202944  Primary       SFR           360      357    79.1   6.875   7/1/2006   10/1/2006    6/1/2036     4,624.78    9/1/2006
3062313709  Primary       PUD           360      357   50.39    6.75   7/1/2006    9/1/2006    6/1/2036     4,151.03    8/1/2006
3062314954  Primary       SFR           360      356   60.59    6.75   6/1/2006    9/1/2006    5/1/2036     3,340.28    8/1/2006
3062315696  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,165.16    8/1/2006
3062374115  Primary       PUD           360      357   79.52   6.875   7/1/2006    9/1/2006    6/1/2036     4,335.73    8/1/2006
3062385996  Primary       Condo         360      357   79.93   7.125   7/1/2006    9/1/2006    6/1/2036     3,193.43    8/1/2006
3062396308  Primary       2-Family      360      357   39.61    6.75   7/1/2006    9/1/2006    6/1/2036     3,982.39    8/1/2006
3062398833  Primary       SFR           360      357   60.45    6.75   7/1/2006    9/1/2006    6/1/2036     5,253.64    8/1/2006
3062497965  Primary       PUD           360      357   68.72    6.75   7/1/2006    9/1/2006    6/1/2036     4,345.61    8/1/2006
3062498690  Primary       Condo         360      356      80   6.875   6/1/2006    9/1/2006    5/1/2036     3,205.81    8/1/2006
3062509181  Primary       PUD           360      357   71.94   6.875   7/1/2006    9/1/2006    6/1/2036     4,631.35    8/1/2006
3062509835  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,191.10    8/1/2006
3062510304  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     4,514.24    8/1/2006
3062511575  Primary       SFR           360      357   63.71       7   7/1/2006    9/1/2006    6/1/2036     3,503.82    8/1/2006
3062620608  Primary       PUD           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,268.93    8/1/2006
3062626266  Primary       SFR           360      357      80   6.875   7/1/2006   10/1/2006    6/1/2036     4,729.89    9/1/2006
3062631985  Primary       SFR           360      357   72.71   6.875   7/1/2006    9/1/2006    6/1/2036     3,343.77    8/1/2006
3062678440  Primary       SFR           360      356      80    6.75   6/1/2006   10/1/2006    5/1/2036     2,849.68    9/1/2006
3062683457  Primary       SFR           360      357   63.61   6.875   7/1/2006    9/1/2006    6/1/2036     3,008.73    8/1/2006
3062684075  Primary       SFR           360      356   49.23   6.875   6/1/2006    9/1/2006    5/1/2036     5,255.43    8/1/2006
3062713676  Investor      SFR           360      357      50       7   7/1/2006    9/1/2006    6/1/2036     3,326.51    8/1/2006
3062714369  Primary       SFR           360      356   61.72    6.75   6/1/2006    9/1/2006    5/1/2036     3,142.46    8/1/2006
3062718089  Primary       PUD           360      357   52.93    6.75   7/1/2006    9/1/2006    6/1/2036     5,156.35    8/1/2006
3062720580  Primary       SFR           360      357   77.67   6.875   7/1/2006    9/1/2006    6/1/2036     3,632.82    8/1/2006
3062720663  Primary       SFR           360      357   71.14    6.75   7/1/2006    9/1/2006    6/1/2036     4,060.22    8/1/2006
3062748300  Primary       Condo         360      356   64.44    6.75   6/1/2006    9/1/2006    5/1/2036     2,821.40    8/1/2006
3062768381  Primary       SFR           360      357   66.04   6.875   7/1/2006    9/1/2006    6/1/2036     5,110.91    8/1/2006
3062803410  Primary       SFR           360      356   44.71    6.75   6/1/2006    9/1/2006    5/1/2036     3,697.01    8/1/2006
3062804996  Primary       PUD           360      357   41.21    6.75   7/1/2006    9/1/2006    6/1/2036     3,742.41    8/1/2006
3062810803  Primary       PUD           360      357      43   6.875   7/1/2006    9/1/2006    6/1/2036     7,061.99    8/1/2006
3062815232  Primary       SFR           360      357   79.67   6.875   7/1/2006    9/1/2006    6/1/2036     3,218.95    8/1/2006
3062932557  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     3,268.93    8/1/2006
3062963768  Primary       PUD           360      357   64.86   6.875   7/1/2006   10/1/2006    6/1/2036     2,982.46    9/1/2006
3063033850  Primary       PUD           240      237   53.71   6.875   7/1/2006    9/1/2006    6/1/2026     3,608.72    8/1/2006
3063035319  Primary       SFR           360      357      70   6.875   7/1/2006   10/1/2006    6/1/2036     7,357.60    9/1/2006
3062789650  Primary       SFR           360      357      70   7.125   7/1/2006   10/1/2006    6/1/2036     6,484.54    9/1/2006
3061166389  Primary       SFR           360      356      75    6.75   6/1/2006    9/1/2006    5/1/2036     2,991.66    8/1/2006
3061873034  Primary       SFR           360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     2,943.04    8/1/2006
3062025162  Primary       SFR           360      357      80    6.75   7/1/2006   10/1/2006    6/1/2036     4,151.03    9/1/2006
3061876144  Primary       SFR           360      357   40.91   6.875   7/1/2006    9/1/2006    6/1/2036     2,956.18    8/1/2006
3061745901  Primary       PUD           360      357      90       7   7/1/2006   10/1/2006    6/1/2036     4,131.53    9/1/2006
3062412394  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     3,502.43    8/1/2006
3062661974  Primary       SFR           360      357   61.33   6.875   7/1/2006    9/1/2006    6/1/2036     7,679.50    8/1/2006
3062472737  Primary       PUD           360      357      80   6.875   7/1/2006   10/1/2006    6/1/2036     3,888.49    9/1/2006
 66756982   Primary       SFR           360      357   74.86    6.75   7/1/2006    9/1/2006    6/1/2036     4,345.61    8/1/2006
3062347673  Primary       Condo         360      357      80   7.125   7/1/2006   10/1/2006    6/1/2036     3,045.21    9/1/2006
3062215664  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     5,707.66    8/1/2006
3062519750  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     4,208.10    8/1/2006
3061805515  Secondary     SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     3,048.41    8/1/2006
3061857383  Primary       SFR           360      357      80       7   7/1/2006   10/1/2006    6/1/2036     3,166.84    9/1/2006
3061880195  Primary       SFR           360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     3,468.58    8/1/2006
3062082080  Primary       PUD           360      356   61.11    6.75   6/1/2006    9/1/2006    5/1/2036     3,567.29    8/1/2006
 642642045  Primary       SFR           360      356    64.9    7.75   6/1/2006   10/1/2006    5/1/2036     4,649.52    9/1/2006
3061160523  Primary       2-Family      360      357   79.35   6.875   7/1/2006    9/1/2006    6/1/2036     3,544.79    8/1/2006
3061802413  Primary       Condo         360      357      75    6.75   7/1/2006   10/1/2006    6/1/2036     3,332.17    9/1/2006
3061850594  Primary       SFR           360      356      80    6.75   6/1/2006   10/1/2006    5/1/2036     2,957.61    9/1/2006
3061853762  Primary       SFR           360      357   69.44    6.75   7/1/2006   10/1/2006    6/1/2036     4,053.74    9/1/2006
3061853788  Primary       SFR           360      357    64.9   6.875   7/1/2006   10/1/2006    6/1/2036     3,048.15    9/1/2006
3062453315  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     3,377.90    8/1/2006
3062996537  Secondary     SFR           360      357   52.51   6.875   7/1/2006    9/1/2006    6/1/2036     3,284.64    8/1/2006
3062578103  Primary       SFR           360      356      75    6.75   6/1/2006    9/1/2006    5/1/2036     4,864.49    8/1/2006
3061910398  Primary       SFR           360      356   62.31       7   6/1/2006    9/1/2006    5/1/2036    10,777.90    8/1/2006
3061873117  Primary       PUD           360      357   76.47    6.75   7/1/2006    9/1/2006    6/1/2036     3,372.71    8/1/2006
3062446467  Primary       SFR           360      357   57.32    6.75   7/1/2006    9/1/2006    6/1/2036     3,048.41    8/1/2006
3062464767  Primary       PUD           360      356      80   6.875   6/1/2006   10/1/2006    5/1/2036     2,848.44    9/1/2006
3062465913  Primary       SFR           240      237   67.57    6.75   7/1/2006    9/1/2006    6/1/2026     3,801.82    8/1/2006
3062470889  Primary       SFR           360      356      80   6.875   6/1/2006    9/1/2006    5/1/2036     3,416.03    8/1/2006
3062472729  Primary       PUD           360      357      80   6.875   7/1/2006    9/1/2006    6/1/2036     3,153.00    8/1/2006
3062901404  Primary       PUD           360      357      75       7   7/1/2006    9/1/2006    6/1/2036     3,467.89    8/1/2006
3062997659  Primary       SFR           360      357   70.59       7   7/1/2006    9/1/2006    6/1/2036     3,991.82    8/1/2006
 642584619  Primary       SFR           360      356   79.75    6.75   6/1/2006    9/1/2006    5/1/2036     4,215.89    8/1/2006
3062443761  Primary       SFR           360      357      80    6.75   7/1/2006    9/1/2006    6/1/2036     4,695.85    8/1/2006
3062468123  Primary       SFR           360      357   70.33    6.75   7/1/2006    9/1/2006    6/1/2036     3,466.76    8/1/2006
3062510155  Secondary     PUD           360      357      65   6.875   7/1/2006    9/1/2006    6/1/2036     7,382.90    8/1/2006
3062543164  Primary       PUD           360      357   79.84       7   7/1/2006    9/1/2006    6/1/2036     4,939.87    8/1/2006
3062580620  Primary       SFR           360      357   75.38    6.75   7/1/2006    9/1/2006    6/1/2036     2,918.69    8/1/2006
3062588920  Primary       PUD           360      357   49.72    6.75   7/1/2006    9/1/2006    6/1/2036     2,918.69    8/1/2006
 693087843  Primary       SFR           360      356    69.6   7.125   6/1/2006    9/1/2006    5/1/2036     2,930.68    8/1/2006
 642261739  Primary       SFR           360      352   69.22       7   2/1/2006   10/1/2006    1/1/2036     4,324.47    9/1/2006
3060508722  Primary       Condo         360      354   23.63   6.875   4/1/2006    9/1/2006    3/1/2036     3,880.15    8/1/2006
3061209114  Primary       SFR           360      353   73.88    6.75   3/1/2006    9/1/2006    2/1/2036     6,661.10    8/1/2006
 63218168   Secondary     SFR           360      355   65.45    6.75   5/1/2006    9/1/2006    4/1/2036    20,250.00    8/1/2006
 63280382   Primary       SFR           360      355    34.8    6.75   5/1/2006    9/1/2006    4/1/2036     2,821.40    8/1/2006
 63466239   Primary       SFR           360      355   55.56    6.75   5/1/2006    9/1/2006    4/1/2036    12,971.96    8/1/2006
 63532766   Primary       SFR           360      355   73.14    6.75   5/1/2006   10/1/2006    4/1/2036     1,660.41    9/1/2006
 63717565   Primary       SFR           360      356   62.13   6.875   6/1/2006    9/1/2006    5/1/2036     4,182.29    8/1/2006
 63829717   Primary       SFR           360      355      95    7.25   5/1/2006    9/1/2006    4/1/2036       304.59    8/1/2006
 64020225   Primary       SFR           360      355      95   6.875   5/1/2006   10/1/2006    4/1/2036     2,221.73    9/1/2006
 64080567   Secondary     Condo         360      355      80    6.75   5/1/2006   10/1/2006    4/1/2036     2,640.59    9/1/2006
 64105489   Primary       Condo         360      355      80   6.875   5/1/2006   10/1/2006    4/1/2036       840.34    9/1/2006
 64294002   Primary       SFR           360      356   79.43    6.75   6/1/2006    9/1/2006    5/1/2036     3,632.15    8/1/2006
 64482433   Primary       Condo         360      355      95    6.75   5/1/2006    9/1/2006    4/1/2036     2,994.51    8/1/2006
 149748725  Primary       SFR           360      355   54.55    6.75   5/1/2006    9/1/2006    4/1/2036     3,891.59    8/1/2006
 150396968  Primary       SFR           360      356      90    6.75   6/1/2006    9/1/2006    5/1/2036     2,268.00    8/1/2006
 150591915  Secondary     SFR           360      355   71.05    6.75   5/1/2006    9/1/2006    4/1/2036     3,847.81    8/1/2006
 150803153  Primary       SFR           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     2,905.72    8/1/2006
 150841773  Primary       SFR           360      355   63.36   6.875   5/1/2006    9/1/2006    4/1/2036     3,436.98    8/1/2006
 151021383  Primary       Condo         360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     3,398.66    8/1/2006
 151077773  Primary       Condo         360      355   77.55    6.75   5/1/2006    9/1/2006    4/1/2036     3,495.94    8/1/2006
 151194305  Primary       SFR           360      356   79.29   7.125   6/1/2006    9/1/2006    5/1/2036     3,319.06    8/1/2006
 151204989  Primary       SFR           360      355   69.41    6.75   5/1/2006    9/1/2006    4/1/2036     3,747.94    8/1/2006
 151208816  Primary       SFR           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     2,632.50    8/1/2006
 151264074  Primary       SFR           360      355      80    6.75   5/1/2006    9/1/2006    4/1/2036     2,625.49    8/1/2006
 151271707  Primary       SFR           360      355   73.28   6.875   5/1/2006   10/1/2006    4/1/2036     2,791.95    9/1/2006
 151339736  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     4,860.00    8/1/2006
 151467024  Primary       SFR           360      356      80    6.75   6/1/2006    9/1/2006    5/1/2036     2,931.67    8/1/2006

  LOANID        OBAL          COBAL      PURPOSE          DOC                 SERVICER          OAPPVAL        ODATE   PPEN  NGROUP

1063075528    462,400.00    460,791.37  Purchase  Simply Signature             Chase            580,000.00   4/1/2006  N         2
1063075845    650,000.00    647,165.79  C/O Refi  Simply Signature             Chase            860,000.00  3/24/2006  N         2
1063076848    697,400.00    694,857.56  Purchase  Full Documentation           Chase            930,000.00   4/3/2006  N         2
1063077272    448,000.00    446,339.23  Purchase  Simply Signature             Chase            640,000.00   4/7/2006  N         2
1063077727    439,000.00    437,441.05  C/O Refi  Simply Signature             Chase            575,000.00   4/5/2006  N         2
1064034774    612,500.00    610,349.68  R/T Refi  Simply Signature             Chase            857,000.00  3/30/2006  N         2
1079064430    450,000.00    448,437.07  Purchase  Simply Signature             Chase            625,000.00  4/14/2006  N         2
1079069998    568,000.00    568,000.00  Purchase  Simply Signature             Chase            710,000.00  4/11/2006  N         2
1101768786    516,000.00    514,251.05  Purchase  Simply Signature             Chase            645,000.00   4/3/2006  N         2
1116186285    600,000.00    596,841.53  C/O Refi  Full Documentation           Chase            840,000.00  3/24/2006  N         2
1150000619    492,000.00    488,835.55  Purchase  Full Documentation           Chase            618,000.00  1/31/2006  N         2
1175245456    920,000.00    916,804.76  Purchase  Full Documentation           Chase          1,150,000.00  4/10/2006  N         2
1175245773    584,000.00    578,063.54  Purchase  Simply Signature             Chase            730,000.00  3/29/2006  N         2
1182109265    485,000.00    482,888.51  Purchase  Full Documentation           Chase          1,100,000.00  3/23/2006  N         2
1203248676    584,000.00    580,374.64  Purchase  Simply Signature             Chase            730,000.00  3/31/2006  N         2
1220033847    624,064.00    621,948.73  Purchase  Simply Signature             Chase            800,000.00   4/5/2006  N         2
1227081961    800,000.00    447,553.93  Purchase  Simply Signature             Chase          1,150,000.00   4/4/2006  N         2
1234106950    619,000.00    616,901.90  C/O Refi  Full Documentation           Chase          1,200,000.00   4/5/2006  N         2
1237061712    450,000.00    445,453.06  Purchase  Full Documentation           Chase            820,000.00  3/27/2006  N         2
1264050300  1,108,300.00  1,091,190.03  Purchase  Full Documentation           Chase          2,175,000.00  3/29/2006  N         2
1264059225    675,000.00    671,915.71  Purchase  Simply Signature             Chase            900,000.00  3/27/2006  N         2
1279071053    485,000.00    482,888.51  C/O Refi  Simply Signature             Chase            935,000.00  3/28/2006  N         2
1301414685    420,000.00    418,576.43  C/O Refi  Simply Signature             Chase            525,000.00  4/10/2006  N         2
1391185290    860,000.00    856,255.92  Purchase  Full Documentation           Chase          1,075,000.00  3/31/2006  N         2
1399006318    476,000.00    476,000.00  Purchase  Simply Signature             Chase            595,000.00   4/4/2006  N         2
1521186725    639,200.00    636,869.76  Purchase  Simply Signature             Chase            850,000.00  4/13/2006  N         2
1522126810    522,600.00    520,324.83  Purchase  Full Documentation           Chase          1,450,000.00   4/4/2006  N         2
1539776569    650,000.00    647,533.84  Purchase  Full Documentation           Chase            865,000.00   4/3/2006  N         2
1539792124    727,500.00    724,408.83  C/O Refi  Simply Signature             Chase            970,000.00  3/28/2006  N         2
1539792554    605,000.00    604,000.00  R/T Refi  Simply Signature             Chase            870,000.00  3/29/2006  N         2
1539796828    432,000.00    432,000.00  C/O Refi  Full Documentation           Chase            605,000.00  3/20/2006  N         2
1539805736    613,000.00    605,327.88  Purchase  Simply Signature             Chase            880,000.00  4/13/2006  N         2
1539812390    520,000.00    520,000.00  Purchase  Simply Signature             Chase            675,000.00  4/14/2006  N         2
1574375952    624,000.00    619,509.54  Purchase  Full Documentation           Chase            780,000.00 12/20/2005  N         2
1574387893    575,000.00    572,372.61  Purchase  Full Documentation           Chase            970,000.00  3/13/2006  N         2
1574422520    619,000.00    616,743.38  C/O Refi  Simply Signature             Chase            920,000.00  3/31/2006  N         2
1574425336  1,100,000.00  1,095,006.53  C/O Refi  Simply Signature             Chase          1,700,000.00  3/29/2006  N         2
1574428957    482,000.00    479,797.58  C/O Refi  Full Documentation           Chase            680,000.00  3/23/2006  N         2
1574431951    568,000.00    565,463.38  Purchase  Full Documentation           Chase            715,000.00  3/31/2006  N         2
1574437153    424,000.00    422,562.86  Purchase  Simply Signature             Chase            548,000.00   4/7/2006  N         2
1596756144    519,200.00    516,827.59  Purchase  Simply Signature             Chase            650,000.00  3/20/2006  N         2
1596757555    440,000.00    440,000.00  Purchase  Simply Signature             Chase            550,000.00  3/23/2006  N         2
1596759460    937,500.00    932,110.31  C/O Refi  Full Documentation           Chase          1,250,000.00  3/15/2006  N         2
1596762486    532,000.00    531,999.99  Purchase  Simply Signature             Chase            665,000.00  3/28/2006  N         2
1596763729    427,000.00    425,185.64  R/T Refi  Simply Signature             Chase            545,000.00  3/24/2006  N         2
1596765815    488,000.00    486,220.84  Purchase  Simply Signature             Chase            610,000.00   4/3/2006  N         2
1596765848    570,000.00    567,457.56  C/O Refi  Simply Signature             Chase            750,000.00  3/28/2006  N         2
1596766192    802,500.00    799,090.13  C/O Refi  Simply Signature             Chase          1,070,000.00  3/27/2006  N         2
1596767413    563,200.00    560,626.57  C/O Refi  Simply Signature             Chase            704,000.00  3/28/2006  N         2
1596767752    500,000.00    498,263.41  R/T Refi  Simply Signature             Chase            635,000.00   4/7/2006  N         2
1596768960    700,000.00    700,000.00  C/O Refi  Simply Signature             Chase          1,316,000.00   4/6/2006  N         2
1600193065    500,000.00    498,220.80  Purchase  Full Documentation           Chase            720,000.00   4/4/2006  N         2
1609168941    500,000.00    497,823.19  C/O Refi  Full Documentation           Chase            670,000.00  3/29/2006  N         2
1614086595    535,000.00    535,000.00  C/O Refi  Full Documentation           Chase            795,000.00  3/27/2006  N         2
1639218550  1,235,000.00  1,227,430.01  Purchase  Full Documentation           Chase          2,500,000.00  1/13/2006  N         2
1645141574    552,000.00    549,596.82  Purchase  Simply Signature             Chase            700,000.00  3/28/2006  N         2
1730067403    488,000.00    486,305.13  Purchase  Simply Signature             Chase            610,000.00   4/3/2006  N         2
1742270550    707,000.00    703,769.45  C/O Refi  Streamlined                  Chase          1,700,000.00   3/6/2006  N         2
1742281331    750,000.00    646,267.01  Purchase  Full Documentation           Chase          1,585,000.00   4/4/2006  N         2
1742282640    585,600.00    582,985.31  Purchase  Simply Signature             Chase            900,000.00   4/5/2006  N         2
1742285649    650,000.00    647,170.14  Purchase  Simply Signature             Chase            870,000.00  3/30/2006  N         2
1742288658    456,000.00    454,564.13  C/O Refi  Full Documentation           Chase            585,000.00  4/10/2006  N         2
1742289537    480,000.00    479,958.50  C/O Refi  Full Documentation           Chase            610,000.00  3/21/2006  N         2
1742291550    476,250.00    476,250.00  Purchase  Simply Signature             Chase            637,000.00  3/31/2006  N         2
1742295530    440,000.00    438,434.28  R/T Refi  Full Documentation           Chase            675,000.00  3/31/2006  N         2
1742295711    584,000.00    581,395.13  Purchase  Full Documentation           Chase            730,000.00  3/23/2006  N         2
1742299268    436,000.00    434,140.21  Purchase  Full Documentation           Chase            595,000.00  3/28/2006  N         2
1742311986    520,000.00    520,000.00  Purchase  Full Documentation           Chase            650,000.00   4/7/2006  N         2
1760352599    432,000.00    428,657.67  R/T Refi  Full Documentation           Chase            595,000.00  11/9/2005  N         2
1760396244    750,000.00    745,176.03  C/O Refi  Full Documentation           Chase          1,600,000.00 12/30/2005  N         2
1760420429    490,000.00    487,432.80  C/O Refi  Full Documentation           Chase            850,000.00  2/13/2006  N         2
1760424463    642,000.00    638,470.23  Purchase  Full Documentation           Chase            818,000.00  2/16/2006  N         2
1760434230    648,000.00    645,856.65  Purchase  Full Documentation           Chase            830,000.00   4/7/2006  N         2
1760435925    608,000.00    605,288.06  Purchase  Full Documentation           Chase            760,000.00  3/28/2006  N         2
1760439008    812,500.00    808,787.40  Purchase  Full Documentation           Chase          1,250,000.00  3/14/2006  N         2
1760442341    639,200.00    635,685.62  Purchase  Full Documentation           Chase            820,000.00   3/3/2006  N         2
1760444835    700,000.00    697,444.05  Purchase  Full Documentation           Chase            999,000.00  4/11/2006  N         2
1760448610    556,000.00    553,456.84  Purchase  Simply Signature             Chase            695,000.00  3/31/2006  N         2
1760449602    617,350.00    615,099.40  Purchase  Full Documentation           Chase            792,000.00   4/6/2006  N         2
1760450215    550,000.00    547,499.83  Purchase  Full Documentation           Chase            640,000.00  3/27/2006  N         2
1760451149    768,750.00    765,008.08  C/O Refi  Full Documentation           Chase          1,025,000.00  3/17/2006  N         2
1760451251    800,000.00    795,822.24  C/O Refi  Full Documentation           Chase          1,075,000.00  3/17/2006  N         2
1760452640    622,500.00    619,854.96  Purchase  Simply Signature             Chase            830,000.00  3/31/2006  N         2
1760453494    560,000.00    552,333.30  Purchase  Simply Signature             Chase            860,000.00  4/10/2006  N         2
1760453701    500,000.00    497,715.29  Purchase  Full Documentation           Chase            625,000.00  3/31/2006  N         2
1760455456    500,000.00    497,715.29  C/O Refi  Full Documentation           Chase            995,000.00  3/23/2006  N         2
1760457531    637,500.00    635,296.21  R/T Refi  Simply Signature             Chase            850,000.00  3/29/2006  N         2
1760457790    528,000.00    527,999.54  Purchase  Simply Signature             Chase            660,000.00   4/5/2006  N         2
1760460354    800,000.00    797,221.51  Purchase  Simply Signature             Chase          1,250,000.00  4/12/2006  N         2
1760460649    480,000.00    478,291.92  C/O Refi  Full Documentation           Chase            600,000.00  4/10/2006  N         2
1760461186    620,000.00    617,739.73  C/O Refi  Simply Signature             Chase            775,000.00   4/7/2006  N         2
1760464617    650,000.00    646,282.47  C/O Refi  Full Documentation           Chase            975,000.00   4/5/2006  N         2
1760466893    560,000.00    558,055.07  R/T Refi  Simply Signature             Chase            715,000.00   4/3/2006  N         2
1760467229    476,000.00    474,264.69  Purchase  Simply Signature             Chase            595,000.00  4/11/2006  N         2
1761543694    493,000.00    491,202.74  C/O Refi  Simply Signature             Chase            650,000.00  4/10/2006  N         2
1813285046    550,000.00    547,486.91  Purchase  Simply Signature             Chase          1,035,000.00  3/28/2006  N         2
1821289687    511,920.00    509,691.32  Purchase  Simply Signature             Chase            645,000.00  3/31/2006  N         2
1826413193    531,300.00    529,409.41  C/O Refi  Simply Signature             Chase            900,000.00   4/4/2006  N         2
1835132413    440,000.00    438,471.85  C/O Refi  Full Documentation           Chase            555,000.00   4/4/2006  N         2
1844402246    450,000.00    448,087.95  Purchase  Simply Signature             Chase            760,000.00  3/24/2006  N         2
1844421116    440,000.00    437,580.83  Purchase  Full Documentation           Chase            625,000.00  2/23/2006  N         2
1844486723    600,000.00    597,257.91  C/O Refi  Full Documentation           Chase            770,000.00  3/30/2006  N         2
1845566679    580,000.00    577,474.91  Purchase  Full Documentation           Chase            754,600.00  3/17/2006  N         2
 35485184   1,000,000.00    995,539.63  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,500,000.00  3/29/2006  N         2
 34179267     490,320.00    488,079.57  Purchase  FAD(Full or Alt or AUS)      SunTrust         615,000.00  3/24/2006  N         2
 34988030     570,000.00    566,336.68  C/O Refi  NIV                          SunTrust         850,000.00  2/27/2006  N         2
 35452770     563,250.00    560,797.82  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         751,000.00  3/22/2006  N         2
 32146649     782,000.00    778,595.45  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,429,000.00  3/27/2006  N         2
 203252622    476,000.00    473,927.67  Purchase  FAD(Full or Alt or AUS)      SunTrust         596,000.00  3/31/2006  N         2
 203053780    531,250.00    528,822.50  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,250,000.00  3/21/2006  N         2
 203260591    520,000.00    517,570.26  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         900,000.00  3/29/2006  N         2
 144378262    512,000.00    509,660.51  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         750,000.00  3/21/2006  N         2
 202877155    490,000.00    487,585.17  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         725,000.00  3/21/2006  N         2
 203148069    490,000.00    487,761.07  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         720,000.00   3/8/2006  N         2
 203169909    664,000.00    661,178.64  Purchase  FAD(Full or Alt or AUS)      SunTrust         836,000.00  3/13/2006  N         2
 202960258  1,000,000.00    995,646.40  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,500,000.00  3/22/2006  N         2
 203227418    560,000.00    557,539.00  Purchase  FAD(Full or Alt or AUS)      SunTrust         700,000.00  3/29/2006  N         2
 203241021    477,600.00    475,469.70  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         597,000.00  3/21/2006  N         2
 144860301    637,500.00    633,889.30  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         850,000.00  3/28/2006  N         2
 203048681    437,500.00    435,500.92  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         648,000.00  3/13/2006  N         2
 203266481    486,000.00    483,884.14  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         745,000.00  3/24/2006  N         2
 203124458    660,000.00    656,984.26  Purchase  FAD(Full or Alt or AUS)      SunTrust         825,000.00   3/7/2006  N         2
 144934791    584,000.00    581,331.51  Purchase  FAD(Full or Alt or AUS)      SunTrust         730,000.00   4/3/2006  N         2
 203346168    620,250.00    617,415.91  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         845,000.00  3/29/2006  N         2
 203210380    500,000.00    497,650.98  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         725,000.00  3/27/2006  N         2
 203077680    516,000.00    513,698.48  Purchase  FAD(Full or Alt or AUS)      SunTrust         645,000.00  3/24/2006  N         2
 203237706    635,000.00    632,098.49  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         920,000.00  3/20/2006  N         2
 203220116    500,000.00    497,715.35  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         825,000.00  3/31/2006  N         2
 203269345    495,000.00    492,792.12  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         660,000.00  3/31/2006  N         2
 203216239    500,000.00    498,220.76  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         650,000.00  3/30/2006  N         2
 203365267    512,000.00    509,770.97  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         640,000.00  3/27/2006  N         2
 34423731     515,000.00    512,646.81  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         650,000.00  3/31/2006  N         2
 37510237     464,000.00    461,979.90  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         670,000.00  3/29/2006  N         2
 144774163  1,000,000.00    995,430.66  Purchase  NIV                          SunTrust       2,730,000.00   4/3/2006  N         2
 203320031    560,000.00    557,677.96  R/T Refi  NIV                          SunTrust         750,000.00  3/29/2006  N         2
 203165618    775,000.00    771,543.22  R/T Refi  NIV                          SunTrust       1,150,000.00   3/6/2006  N         2
 202852620    522,000.00    519,496.89  R/T Refi  NIV                          SunTrust         810,000.00   3/7/2006  N         2
 144671971    645,000.00    642,052.79  C/O Refi  NIV                          SunTrust       1,200,000.00  3/23/2006  N         2
 203137229    530,000.00    527,692.59  C/O Refi  NIV                          SunTrust         800,000.00   3/7/2006  N         2
 202970877  1,937,750.00  1,923,534.76  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       2,981,200.00  3/16/2006  N         2
 29598422     530,000.00    521,398.66  Purchase  FAD(Full or Alt or AUS)      SunTrust         705,000.00  4/13/2006  N         2
 29893443     634,000.00    629,326.99  Purchase  FAD(Full or Alt or AUS)      SunTrust         850,000.00 12/23/2005  N         2
 30722045     450,000.00    448,379.39  Purchase  FAD(Full or Alt or AUS)      SunTrust         693,000.00  4/25/2006  N         2
 35226414     543,750.00    538,640.71  Purchase  FAD(Full or Alt or AUS)      SunTrust         725,000.00  4/14/2006  N         2
 35392919   1,150,000.00  1,146,005.94  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       2,350,000.00  4/14/2006  N         2
 144104668    588,000.00    585,744.11  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         735,000.00  4/10/2006  N         2
 144108453    600,000.00    597,812.67  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         750,000.00  4/24/2006  N         2
 144550175    650,000.00    647,630.36  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         880,000.00  4/12/2006  N         2
 144608312    498,750.00    496,931.78  Purchase  NIV                          SunTrust         750,000.00  4/28/2006  N         2
 144708005    460,000.00    458,402.32  Purchase  FAD(Full or Alt or AUS)      SunTrust         600,000.00  4/24/2006  N         2
 144728011    500,000.00    498,220.76  Purchase  NIV                          SunTrust         725,000.00   5/1/2006  N         2
 144768397    510,000.00    508,140.76  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         740,000.00  4/10/2006  N         2
 144861184    468,000.00    468,000.00  Purchase  NIV                          SunTrust         585,000.00  4/20/2006  N         2
 144863545    500,000.00    498,263.41  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         695,000.00  4/17/2006  N         2
 144867470    465,000.00    463,423.88  C/O Refi  NIV                          SunTrust         650,000.00  4/24/2006  N         2
 144936366    550,000.00    548,135.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         845,000.00  4/11/2006  N         2
 144937174    740,000.00    737,366.72  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,450,000.00  4/17/2006  N         2
 144959566    700,000.00    697,387.37  C/O Refi  NIV                          SunTrust       1,000,000.00  4/18/2006  N         2
 144961117    449,000.00    446,761.06  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         665,000.00  4/24/2006  N         2
 203123310    479,900.00    477,706.97  Purchase  FAD(Full or Alt or AUS)      SunTrust         605,000.00  3/30/2006  N         2
 203173232    652,000.00    649,091.82  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         815,000.00  3/24/2006  N         2
 203248604    485,800.00    484,153.35  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         615,000.00  4/11/2006  N         2
 203250295    474,500.00    472,811.50  Purchase  FAD(Full or Alt or AUS)      SunTrust         640,000.00  4/27/2006  N         2
 203258520    645,000.00    644,991.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         820,000.00  4/11/2006  N         2
 203266598    612,000.00    605,814.73  Purchase  FAD(Full or Alt or AUS)      SunTrust         765,000.00  3/30/2006  N         2
 203275359    607,000.00    604,787.13  R/T Refi  NIV                          SunTrust       1,124,000.00  4/14/2006  N         2
 203276969    450,000.00    448,064.91  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         730,000.00  4/13/2006  N         2
 203277603    432,700.00    431,197.17  Purchase  FAD(Full or Alt or AUS)      SunTrust         545,000.00  4/14/2006  N         2
 203280169    504,000.00    500,681.42  Purchase  PS+(PS + W-2 or 1040)        SunTrust         650,000.00  4/20/2006  N         2
 203281209    581,250.00    579,181.64  C/O Refi  NIV                          SunTrust         775,000.00  4/10/2006  N         2
 203281373    496,000.00    493,943.31  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         630,000.00  3/27/2006  N         2
 203282025    583,000.00    580,857.66  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,100,000.00  4/11/2006  N         2
 203288071    506,000.00    504,242.61  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         875,000.00  4/28/2006  N         2
 203324314    489,000.00    487,217.31  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         647,000.00  4/17/2006  N         2
 203329933    500,000.00    497,769.84  C/O Refi  PS+(PS + W-2 or 1040)        SunTrust         920,000.00  3/31/2006  N         2
 203332002    848,000.00    844,982.39  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,100,000.00  4/25/2006  N         2
 203333760    503,200.00    501,406.67  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         629,000.00  4/19/2006  N         2
 203341771    470,000.00    470,000.00  C/O Refi  NIV                          SunTrust         640,000.00  4/12/2006  N         2
 203366000    750,000.00    750,000.00  Purchase  FAD(Full or Alt or AUS)      SunTrust         950,000.00  4/24/2006  N         2
 203366752    443,000.00    441,384.98  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         595,000.00  4/17/2006  N         2
 203367156    508,000.00    506,235.67  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         635,000.00  4/21/2006  N         2
 203387592    462,500.00    460,854.22  Purchase  FAD(Full or Alt or AUS)      SunTrust         780,000.00  4/28/2006  N         2
 203388715    525,000.00    523,176.59  C/O Refi  NIV                          SunTrust         860,000.00  4/24/2006  N         2
 203392378    460,000.00    458,362.24  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         575,000.00  4/17/2006  N         2
 203405865    692,000.00    689,537.54  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,400,000.00  4/17/2006  N         2
 203408190    835,000.00    835,000.00  C/O Refi  NIV                          SunTrust       1,850,000.00  4/24/2006  N         2
 203412705    620,250.00    617,113.24  Purchase  FAD(Full or Alt or AUS)      SunTrust         827,000.00  4/26/2006  N         2
 203418371    650,000.00    647,742.48  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,300,000.00  4/17/2006  N         2
 203419627    467,000.00    465,255.52  C/O Refi  NIV                          SunTrust       1,100,000.00  4/19/2006  N         2
 203436027    620,800.00    618,590.88  Purchase  FAD(Full or Alt or AUS)      SunTrust         776,000.00  4/24/2006  N         2
 37751914     598,400.00    596,919.87  Purchase  FAD(Full or Alt or AUS)      SunTrust         750,000.00  5/19/2006  N         2
 203506878    500,000.00    498,636.59  Purchase  FAD(Full or Alt or AUS)      SunTrust         730,000.00  5/15/2006  N         2
 37792215     750,000.00    748,051.87  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,100,000.00  5/19/2006  N         2
 35572445     455,000.00    453,874.57  C/O Refi  NIV                          SunTrust         700,000.00  5/16/2006  N         2
 35036789     614,200.00    612,565.33  Purchase  NIV                          SunTrust         840,000.00  5/22/2006  N         2
 144995024    522,400.00    521,075.79  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         660,000.00  5/24/2006  N         2
 145216008    646,000.00    644,322.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,250,000.00  5/23/2006  N         2
 203438940    560,000.00    557,958.49  Purchase  FAD(Full or Alt or AUS)      SunTrust         719,000.00  4/20/2006  N         2
 36979631   1,089,000.00  1,081,171.34  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,950,000.00  5/24/2006  N         2
 203505847    570,500.00    569,053.87  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         880,000.00  5/25/2006  N         2
 203581830    587,900.00    586,445.85  Purchase  FAD(Full or Alt or AUS)      SunTrust         735,000.00  5/19/2006  N         2
 203443015    750,000.00    747,954.91  Purchase  FAD(Full or Alt or AUS)      SunTrust       1,025,000.00  5/25/2006  N         2
 203466800    580,000.00    578,456.36  Purchase  FAD(Full or Alt or AUS)      SunTrust         880,000.00   5/1/2006  N         2
 203451844    900,000.00    897,604.68  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,622,000.00  5/10/2006  N         2
 203509310    540,000.00    538,562.80  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         950,000.00   5/3/2006  N         2
 203472691    518,000.00    518,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,200,000.00   5/8/2006  N         2
 145003307    448,000.00    446,807.64  Purchase  FAD(Full or Alt or AUS)      SunTrust         560,000.00  5/26/2006  N         2
 144420486    490,000.00    488,727.20  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         775,000.00  5/16/2006  N         2
 203588702    710,000.00    710,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,050,000.00  5/12/2006  N         2
 203546825    550,000.00    548,605.83  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         687,500.00  5/25/2006  N         2
 203570544    650,000.00    648,311.62  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         955,000.00   5/5/2006  N         2
 144121746    696,000.00    694,102.19  Purchase  FAD(Full or Alt or AUS)      SunTrust         884,000.00  5/15/2006  N         2
 31612872   1,475,000.00  1,430,290.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       3,200,000.00  5/30/2006  N         2
 203346283    650,000.00    648,392.25  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         835,000.00   5/2/2006  N         2
 144125887    785,000.00    782,929.04  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,050,000.00  5/16/2006  N         2
 35055086     800,000.00    795,896.17  Purchase  FAD(Full or Alt or AUS)      SunTrust       1,003,060.00   5/8/2006  N         2
 203498084    530,000.00    527,217.60  Purchase  FAD(Full or Alt or AUS)      SunTrust         815,000.00  5/23/2006  N         2
 203423926    500,000.00    498,636.62  Purchase  FAD(Full or Alt or AUS)      SunTrust         725,000.00  5/25/2006  N         2
 203541974    752,000.00    752,000.00  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         940,000.00  5/25/2006  N         2
 203436449    632,700.00    628,954.84  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         925,000.00   5/9/2006  N         2
 37211331   1,500,000.00  1,496,103.76  Purchase  FAD(Full or Alt or AUS)      SunTrust       3,500,000.00  5/15/2006  N         2
 145002358    710,000.00    708,155.76  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,180,000.00  5/26/2006  N         2
 145128518    428,000.00    428,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         625,000.00  5/10/2006  N         2
 203190327    439,000.00    437,252.92  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         730,000.00   5/8/2006  N         2
 35413145     545,100.00    543,684.10  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         700,000.00  5/30/2006  N         2
 203530522    645,000.00    643,241.24  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         960,000.00  5/24/2006  N         2
 203509377    550,000.00    548,571.38  Purchase  FAD(Full or Alt or AUS)      SunTrust         875,000.00  5/15/2006  N         2
 203496260    650,000.00    648,311.62  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         850,000.00  5/15/2006  N         2
 144996873    539,000.00    538,975.97  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         770,000.00  5/17/2006  N         2
 203542337    458,800.00    457,637.01  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         575,000.00  5/22/2006  N         2
 203501036    790,500.00    788,396.11  Purchase  FAD(Full or Alt or AUS)      SunTrust       1,019,500.00   5/8/2006  N         2
 144103041    655,050.00    243,802.89  Purchase  FAD(Full or Alt or AUS)      SunTrust         825,000.00  4/26/2006  N         2
 203559737    436,000.00    434,867.48  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         585,000.00  5/24/2006  N         2
 203311691    624,750.00    622,580.17  Purchase  FAD(Full or Alt or AUS)      SunTrust         735,000.00  4/28/2006  N         2
 203554134    500,000.00    498,701.22  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         930,000.00  5/16/2006  N         2
 203508221    790,500.00    788,592.27  R/T Refi  FAD(Full or Alt or AUS)      SunTrust       1,825,000.00  5/15/2006  N         2
 144106697    875,000.00    875,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,400,000.00  5/24/2006  N         2
 203663844    548,000.00    544,641.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         685,000.00  5/25/2006  N         2
 203546445    488,000.00    486,701.20  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         610,000.00  5/30/2006  N         2
 203512199    450,000.00    448,859.33  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         640,000.00   5/2/2006  N         2
 203453071    745,000.00    745,000.00  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       1,005,000.00  5/17/2006  N         2
 203401559    458,400.00    457,150.06  Purchase  FAD(Full or Alt or AUS)      SunTrust         575,000.00  5/10/2006  N         2
 203287008    494,000.00    492,652.96  Purchase  FAD(Full or Alt or AUS)      SunTrust         670,000.00   5/4/2006  N         2
 203638739    564,000.00    563,049.63  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         705,000.00   6/2/2006  N         2
 203532031    536,000.00    534,607.72  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         670,000.00  5/19/2006  N         2
 203533567    568,950.00    567,397.81  Purchase  FAD(Full or Alt or AUS)      SunTrust         865,000.00  5/19/2006  N         2
 203390489    640,000.00    637,730.20  Purchase  FAD(Full or Alt or AUS)      SunTrust         800,000.00  5/22/2006  N         2
 203461694    489,600.00    487,815.12  Purchase  FAD(Full or Alt or AUS)      SunTrust         660,000.00  4/27/2006  N         2
 145210761    468,900.00    467,449.82  Purchase  FAD(Full or Alt or AUS)      SunTrust         710,000.00  5/22/2006  N         2
 203440789    615,200.00    613,602.00  Purchase  FAD(Full or Alt or AUS)      SunTrust         780,000.00   5/9/2006  N         2
 144871951    500,000.00    498,732.37  Purchase  FAD(Full or Alt or AUS)      SunTrust         660,000.00  5/25/2006  N         2
 144126034    650,000.00    648,227.61  Purchase  FAD(Full or Alt or AUS)      SunTrust         831,000.00   5/8/2006  N         2
 203438429    550,000.00    548,452.65  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         900,000.00  5/10/2006  N         2
 203496385    504,000.00    502,625.69  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         790,000.00  5/19/2006  N         2
 203647870    650,000.00    648,174.77  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         900,000.00  5/31/2006  N         2
 203407275    492,000.00    490,658.45  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         615,000.00   5/2/2006  N         2
 144862547    596,000.00    594,451.87  Purchase  FAD(Full or Alt or AUS)      SunTrust         745,000.00  5/22/2006  N         2
 203353883    490,000.00    488,246.38  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         847,000.00  4/25/2006  N         2
 144721941    620,000.00    618,309.39  Purchase  FAD(Full or Alt or AUS)      SunTrust         785,000.00  5/26/2006  N         2
 203449756    505,000.00    503,623.00  Purchase  FAD(Full or Alt or AUS)      SunTrust         760,000.00  5/23/2006  N         2
 203520432    560,000.00    558,648.55  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         735,000.00  5/17/2006  N         2
 145002713    455,000.00    453,818.12  Purchase  FAD(Full or Alt or AUS)      SunTrust         680,000.00  5/30/2006  N         2
 203417696    429,000.00    427,510.04  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         550,000.00  4/28/2006  N         2
 145210332    600,720.00    599,159.63  Purchase  FAD(Full or Alt or AUS)      SunTrust         760,000.00   6/2/2006  N         2
 144919206    572,000.00    570,514.20  Purchase  FAD(Full or Alt or AUS)      SunTrust         716,000.00  5/25/2006  N         2
 35074947     537,600.00    536,203.60  R/T Refi  FAD(Full or Alt or AUS)      SunTrust         838,000.00  5/31/2006  N         2
 203360904    450,000.00    448,359.49  Purchase  FAD(Full or Alt or AUS)      SunTrust         650,000.00  4/16/2006  N         2
 203461355    430,000.00    428,865.74  C/O Refi  FAD(Full or Alt or AUS)      SunTrust         575,000.00  5/25/2006  N         2
 203563762    650,000.00    648,311.62  C/O Refi  FAD(Full or Alt or AUS)      SunTrust       2,650,000.00  5/31/2006  N         2
 202596078    468,500.00    467,253.09  Purchase  FAD(Full or Alt or AUS)      SunTrust         586,000.00  5/24/2006  N         2
 203364773  1,000,000.00    996,354.47  Purchase  NIV                          SunTrust       1,650,000.00   4/7/2006  N         2
 203402300    500,000.00    498,263.41  C/O Refi  NIV                          SunTrust         910,000.00  4/24/2006  N         2
 203474143    445,200.00    443,615.80  Purchase  NIV                          SunTrust         560,000.00  4/26/2006  N         2
 36549939     617,500.00    615,800.51  C/O Refi  NIV                          SunTrust         950,000.00  5/12/2006  N         2
 144996477    420,000.00    418,877.05  C/O Refi  NIV                          SunTrust         560,000.00  5/22/2006  N         2
 144993615    450,000.00    448,831.10  C/O Refi  NIV                          SunTrust         850,000.00  5/25/2006  N         2
 144686219    575,000.00    570,354.87  Purchase  NIV                          SunTrust         770,000.00  5/19/2006  N         2
 203386008    477,000.00    475,761.00  R/T Refi  NIV                          SunTrust         624,000.00  5/10/2006  N         2
 203228523    472,500.00    469,426.36  Purchase  NIV                          SunTrust         680,000.00  3/28/2006  N         2
 203570700    500,000.00    498,000.00  Purchase  NIV                          SunTrust       1,100,000.00  5/10/2006  N         2
 203603816    536,000.00    533,901.40  C/O Refi  NIV                          SunTrust         715,000.00  5/25/2006  N         2
 144987500    579,000.00    544,000.00  Purchase  NIV                          SunTrust         785,000.00  5/17/2006  N         2
 144995255    468,750.00    467,561.78  C/O Refi  NIV                          SunTrust         625,000.00  5/15/2006  N         2
 203385075    549,000.00    547,092.79  C/O Refi  NIV                          SunTrust         750,000.00  4/28/2006  N         2
 144921343    420,000.00    418,909.03  C/O Refi  NIV                          SunTrust       1,060,000.00  5/22/2006  N         2
 144969219    728,000.00    725,495.57  C/O Refi  NIV                          SunTrust         910,000.00  5/26/2006  N         2
 144995214    485,000.00    483,740.19  C/O Refi  NIV                          SunTrust         697,000.00  5/25/2006  N         2
 203496658    446,000.00    444,216.80  R/T Refi  PS+(PS + W-2 or 1040)        SunTrust         560,000.00   5/2/2006  N         2
3062111590    528,000.00    526,210.37  R/T Refi  Full                         WAMU           1,425,000.00  4/26/2006  N         2
3062643220    564,000.00    562,535.02  Purchase  Full                         WAMU             705,000.00  5/26/2006  N         2
 66722935     455,000.00    453,457.77  C/O Refi  Full                         WAMU             850,000.00  4/24/2006  N         2
 66738907     561,000.00    558,543.10  R/T Refi  Full                         WAMU             875,000.00  4/26/2006  N         2
 66759143     483,990.00    482,732.83  C/O Refi  Full                         WAMU             720,000.00  5/15/2006  N         2
 66769134     485,000.00    483,770.62  C/O Refi  Full                         WAMU             635,000.00  5/30/2006  N         2
3061029454    443,000.00    441,849.31  R/T Refi  Full                         WAMU             630,000.00  5/10/2006  N         2
3061037192    525,000.00    523,669.20  C/O Refi  Full                         WAMU             835,000.00  5/15/2006  N         2
3061345710    520,000.00    518,193.93  Purchase  Full                         WAMU             650,000.00   5/8/2006  N         2
3061346700    446,000.00    444,841.51  C/O Refi  Full                         WAMU             607,000.00  5/16/2006  N         2
3061396572    552,000.00    550,082.86  R/T Refi  Full                         WAMU           1,150,000.00  4/26/2006  N         2
3061397992    481,000.00    479,369.65  C/O Refi  Full                         WAMU             625,000.00  4/28/2006  N         2
3061406975    610,000.00    608,453.74  C/O Refi  Full                         WAMU             765,000.00  5/30/2006  N         2
3061593392    492,000.00    490,752.86  Purchase  Full                         WAMU             615,000.00  5/10/2006  N         2
3061677757    553,000.00    551,079.38  R/T Refi  Low                          WAMU             760,000.00  4/26/2006  N         2
3061704981    678,000.00    675,645.22  R/T Refi  Full                         WAMU           1,250,000.00   5/1/2006  N         2
3061905315    480,000.00    478,783.28  R/T Refi  Low                          WAMU             615,000.00  5/10/2006  N         2
3061907154    465,500.00    463,883.30  R/T Refi  Low                          WAMU             640,000.00  4/26/2006  N         2
3061953109    526,500.00    524,671.41  Purchase  Full                         WAMU             796,500.00  4/24/2006  N         2
3061960435    468,000.00    466,374.58  R/T Refi  Full                         WAMU             710,000.00   5/3/2006  N         2
3061960591    612,000.00    609,874.48  C/O Refi  Full                         WAMU             875,000.00  4/28/2006  N         2
3062007665    562,000.00    559,909.46  C/O Refi  Full                         WAMU             752,500.00   5/4/2006  N         2
3062120963    753,000.00    461,430.63  R/T Refi  Full                         WAMU           1,750,000.00   5/1/2006  N         2
3062131887    620,000.00    615,935.17  C/O Refi  Full                         WAMU             775,000.00  4/27/2006  N         2
3062132166    520,000.00    518,193.99  C/O Refi  Full                         WAMU             650,000.00   5/3/2006  N         2
3062133230    600,000.00    597,899.27  R/T Refi  Full                         WAMU             755,000.00  4/26/2006  N         2
3062133958    844,000.00    841,068.70  R/T Refi  Low                          WAMU           1,375,000.00  4/24/2006  N         2
3062139534    680,000.00    678,233.69  C/O Refi  Low                          WAMU           1,500,000.00   5/5/2006  N         2
3062141209    795,000.00    792,984.82  R/T Refi  Full                         WAMU           1,170,000.00  5/16/2006  N         2
3062165422    660,000.00    657,506.06  Purchase  Full                         WAMU           1,025,000.00   5/1/2006  N         2
3062166651    424,000.00    422,925.23  R/T Refi  Full                         WAMU             530,000.00   5/8/2006  N         2
3062202944    704,000.00    702,215.48  R/T Refi  Low                          WAMU             890,000.00  5/12/2006  N         2
3062313709    640,000.00    638,337.59  C/O Refi  Full                         WAMU           1,270,000.00   5/8/2006  N         2
3062314954    515,000.00    513,211.36  R/T Refi  Full                         WAMU             850,000.00  4/27/2006  N         2
3062315696    488,000.00    486,731.58  Purchase  Full                         WAMU             610,000.00  5/18/2006  N         2
3062374115    660,000.00    658,327.01  R/T Refi  Full                         WAMU             830,000.00  5/26/2006  N         2
3062385996    474,000.00    472,856.07  Purchase  Full                         WAMU             593,000.00  5/16/2006  N         2
3062396308    614,000.00    612,405.15  R/T Refi  Full                         WAMU           1,550,000.00  5/30/2006  N         2
3062398833    810,000.00    807,896.04  C/O Refi  Full                         WAMU           1,340,000.00  5/15/2006  N         2
3062497965    670,000.00    668,149.96  C/O Refi  Low                          WAMU             975,000.00   5/8/2006  N         2
3062498690    488,000.00    486,345.94  Purchase  Low                          WAMU             610,000.00  4/26/2006  N         2
3062509181    705,000.00    703,212.94  C/O Refi  Full                         WAMU             980,000.00  5/18/2006  N         2
3062509835    492,000.00    490,721.84  C/O Refi  Full                         WAMU             615,000.00  5/10/2006  N         2
3062510304    696,000.00    694,192.15  C/O Refi  Low                          WAMU             870,000.00  5/17/2006  N         2
3062511575    526,650.00    525,170.11  Purchase  Low                          WAMU             828,000.00  5/26/2006  N         2
3062620608    504,000.00    502,690.87  C/O Refi  Full                         WAMU             630,000.00  5/10/2006  N         2
3062626266    720,000.00    718,174.91  C/O Refi  Low                          WAMU             900,000.00  5/15/2006  N         2
3062631985    509,000.00    506,018.67  R/T Refi  Streamline                   WAMU             700,000.00  5/30/2006  N         2
3062678440    439,360.00    437,834.06  Purchase  Full                         WAMU             549,200.00  4/26/2006  N         2
3062683457    458,000.00    456,839.06  R/T Refi  Full                         WAMU             720,000.00   5/2/2006  N         2
3062684075    800,000.00    797,288.42  R/T Refi  Full                         WAMU           1,625,000.00  4/24/2006  N         2
3062713676    500,000.00    498,763.29  C/O Refi  Full                         WAMU           1,000,000.00  5/12/2006  N         2
3062714369    484,500.00    482,817.28  R/T Refi  Full                         WAMU             785,000.00  4/24/2006  N         2
3062718089    795,000.00    792,935.00  R/T Refi  Full                         WAMU           1,502,000.00  5/17/2006  N         2
3062720580    553,000.00    551,194.78  C/O Refi  Full                         WAMU             712,000.00  5/15/2006  N         2
3062720663    626,000.00    624,373.98  R/T Refi  Full                         WAMU             880,000.00  5/16/2006  N         2
3062748300    435,000.00    433,489.22  C/O Refi  Full                         WAMU             675,000.00  4/25/2006  N         2
3062768381    778,000.00    776,027.89  Purchase  Full                         WAMU           1,178,000.00  5/18/2006  N         2
3062803410    570,000.00    568,020.33  C/O Refi  Full                         WAMU           1,275,000.00   5/1/2006  N         2
3062804996    577,000.00    575,501.25  R/T Refi  Full                         WAMU           1,400,000.00  5/10/2006  N         2
3062810803  1,075,000.00  1,072,275.04  R/T Refi  Full                         WAMU           2,500,000.00  5/16/2006  N         2
3062815232    490,000.00    488,757.93  C/O Refi  Full                         WAMU             615,000.00  5/30/2006  N         2
3062932557    504,000.00    502,690.87  C/O Refi  Low                          WAMU             630,000.00  5/17/2006  N         2
3062963768    454,000.00    449,838.36  R/T Refi  Full                         WAMU             700,000.00  5/26/2006  N         2
3063033850    470,000.00    467,236.19  C/O Refi  Full                         WAMU             875,000.00  5/15/2006  N         2
3063035319  1,120,000.00  1,117,153.76  Purchase  Full                         WAMU           1,600,000.00  5/25/2006  N         2
3062789650    962,500.00    960,177.17  Purchase  Low                          WAMU           1,390,000.00  5/15/2006  N         2
3061166389    461,250.00    459,648.03  Purchase  Full                         WAMU             625,000.00  4/25/2006  N         2
3061873034    448,000.00    446,864.40  Purchase  Full                         WAMU             560,000.00  5/12/2006  N         2
3062025162    640,000.00    638,337.59  Purchase  Full                         WAMU             800,000.00  5/12/2006  N         2
3061876144    450,000.00    448,859.33  C/O Refi  Low                          WAMU           1,100,000.00   5/9/2006  N         2
3061745901    621,000.00    619,463.98  Purchase  Full                         WAMU             690,000.00  5/19/2006  N         2
3062412394    540,000.00    538,124.52  Purchase  Full                         WAMU             675,000.00   5/2/2006  N         2
3062661974  1,169,000.00  1,166,036.78  C/O Refi  Full                         WAMU           1,906,000.00  5/30/2006  N         2
3062472737    591,920.00    590,284.86  Purchase  Low                          WAMU             750,000.00  5/16/2006  N         2
 66756982     670,000.00    668,259.67  R/T Refi  Full                         WAMU             895,000.00  5/26/2006  N         2
3062347673    452,000.00    450,909.16  Purchase  Full                         WAMU             565,000.00  5/17/2006  N         2
3062215664    880,000.00    876,943.69  C/O Refi  Full                         WAMU           1,100,000.00   5/1/2006  N         2
3062519750    648,800.00    617,764.64  Purchase  Full                         WAMU             820,000.00  5/10/2006  N         2
3061805515    470,000.00    468,367.64  Purchase  Full                         WAMU             670,000.00  4/19/2006  N         2
3061857383    476,000.00    474,821.29  Purchase  Full                         WAMU             597,500.00  5/17/2006  N         2
3061880195    528,000.00    526,661.62  Purchase  Full                         WAMU             660,000.00  5/26/2006  N         2
3062082080    550,000.00    548,089.80  C/O Refi  Full                         WAMU             900,000.00  4/28/2006  N         2
 642642045    649,000.00    647,055.13  C/O Refi  Full                         WAMU           1,000,000.00  4/12/2006  N         2
3061160523    539,600.00    538,232.20  Purchase  Low                          WAMU             710,000.00  5/10/2006  N         2
3061802413    513,750.00    512,407.67  C/O Refi  Low                          WAMU             685,000.00   5/9/2006  N         2
3061850594    456,000.00    454,416.26  Purchase  Full                         WAMU             570,000.00   5/1/2006  N         2
3061853762    625,000.00    622,876.56  C/O Refi  Full                         WAMU             900,000.00   5/8/2006  N         2
3061853788    464,000.00    462,054.44  C/O Refi  Full                         WAMU             715,000.00  5/17/2006  N         2
3062453315    520,800.00    518,991.21  Purchase  Full                         WAMU             651,000.00  4/27/2006  N         2
3062996537    500,000.00    498,732.60  Purchase  Low                          WAMU             954,000.00  5/26/2006  N         2
3062578103    750,000.00    747,395.17  R/T Refi  Full                         WAMU           1,000,000.00   5/3/2006  N         2
3061910398  1,620,000.00  1,614,641.74  R/T Refi  Full                         WAMU           2,600,000.00  4/20/2006  N         2
3061873117    520,000.00    518,625.91  C/O Refi  Full                         WAMU             680,000.00   5/8/2006  N         2
3062446467    470,000.00    468,779.17  C/O Refi  Full                         WAMU             820,000.00   5/8/2006  N         2
3062464767    433,600.00    432,130.34  Purchase  Full                         WAMU             542,000.00  4/28/2006  N         2
3062465913    500,000.00    493,726.19  C/O Refi  Full                         WAMU             740,000.00  5/30/2006  N         2
3062470889    520,000.00    518,237.47  Purchase  Full                         WAMU             665,000.00   5/2/2006  N         2
3062472729    479,960.00    478,743.37  Purchase  Full                         WAMU             600,000.00  5/11/2006  N         2
3062901404    521,250.00    519,960.71  C/O Refi  Low                          WAMU             695,000.00  5/30/2006  N         2
3062997659    600,000.00    598,515.92  Purchase  Full                         WAMU             915,000.00  5/26/2006  N         2
 642584619    650,000.00    647,742.48  R/T Refi  Full                         WAMU             815,000.00  4/24/2006  N         2
3062443761    724,000.00    722,119.41  Purchase  Full                         WAMU             905,000.00  5/25/2006  N         2
3062468123    534,500.00    533,111.62  C/O Refi  Full                         WAMU             760,000.00  5/22/2006  N         2
3062510155  1,123,850.00  1,110,582.85  Purchase  Low                          WAMU           1,729,000.00  5/19/2006  N         2
3062543164    742,500.00    740,663.47  C/O Refi  Full                         WAMU             930,000.00  5/23/2006  N         2
3062580620    450,000.00    448,831.13  C/O Refi  Full                         WAMU             597,000.00  5/19/2006  N         2
3062588920    450,000.00    448,831.13  C/O Refi  Full                         WAMU             905,000.00  5/23/2006  N         2
 693087843    435,000.00    433,292.51  C/O Refi  Full                         WAMU             625,000.00  4/28/2006  N         2
 642261739    650,000.00    645,649.53  C/O Refi  Reduced                      WAMU             939,000.00 12/21/2005  N         2
3060508722    590,650.00    587,629.71  C/O Refi  Reduced                      WAMU           2,500,000.00  2/13/2006  N         2
3061209114  1,027,000.00  1,014,944.68  C/O Refi  Reduced                      WAMU           1,390,000.00   2/1/2006  N         2
 63218168   3,600,000.00  3,600,000.00  C/O Refi  Full                         Wells Fargo    5,500,000.00  3/21/2006  N         2
 63280382     435,000.00    430,604.75  C/O Refi  Asset Only                   Wells Fargo    1,250,000.00  3/30/2006  N         2
 63466239   2,000,000.00  1,989,984.62  Purchase  Asset Only                   Wells Fargo    3,600,000.00  3/22/2006  N         2
 63532766     256,000.00    254,885.48  C/O Refi  Asset Only                   Wells Fargo      350,000.00  3/24/2006  N         2
 63717565     730,000.00    729,999.40  C/O Refi  Asset Only                   Wells Fargo    1,175,000.00   4/6/2006  N         2
 63829717      44,650.00     44,473.74  Purchase  Asset Only                   Wells Fargo       48,000.00  3/27/2006  N         2
 64020225     338,200.00    336,763.00  Purchase  Full                         Wells Fargo      358,000.00  3/30/2006  N         2
 64080567     469,439.00    469,439.00  Purchase  Full                         Wells Fargo      670,000.00  3/30/2006  N         2
 64105489     127,920.00    127,141.85  Purchase  Asset Only                   Wells Fargo      159,900.00  3/27/2006  N         2
 64294002     560,000.00    558,055.07  C/O Refi  Asset Only                   Wells Fargo      705,000.00   4/4/2006  N         2
 64482433     461,690.00    459,680.00  Purchase  Asset Only                   Wells Fargo      531,000.00  3/30/2006  N         2
 149748725    600,000.00    597,387.82  R/T Refi  AUS                          Wells Fargo    1,100,000.00   3/7/2006  N         2
 150396968    403,200.00    403,200.00  Purchase  Full                         Wells Fargo      450,000.00   4/5/2006  N         2
 150591915    593,250.00    590,667.21  Purchase  Asset Only                   Wells Fargo      835,000.00  3/13/2006  N         2
 150803153    448,000.00    445,746.20  C/O Refi  AUS                          Wells Fargo      560,000.00  3/13/2006  N         2
 150841773    600,000.00    599,635.64  C/O Refi  Asset Only                   Wells Fargo      947,000.00  3/15/2006  N         2
 151021383    524,000.00    521,718.67  Purchase  AUS                          Wells Fargo      655,000.00   3/9/2006  N         2
 151077773    539,000.00    536,653.43  C/O Refi  Income Only                  Wells Fargo      695,000.00  3/24/2006  N         2
 151194305    559,000.00    559,000.00  C/O Refi  Asset Only                   Wells Fargo      705,000.00  3/31/2006  N         2
 151204989    666,300.00    666,300.00  R/T Refi  Asset Only                   Wells Fargo      960,000.00  3/17/2006  N         2
 151208816    468,000.00    468,000.00  Purchase  AUS                          Wells Fargo      585,000.00  3/16/2006  N         2
 151264074    466,848.00    466,466.15  C/O Refi  Full                         Wells Fargo      583,560.00  3/20/2006  N         2
 151271707    425,000.00    423,194.15  C/O Refi  Asset Only                   Wells Fargo      580,000.00  3/30/2006  N         2
 151339736    864,000.00    864,000.00  Purchase  Full                         Wells Fargo    1,105,600.00   4/5/2006  N         2
 151467024    452,000.00    450,430.14  Purchase  AUS                          Wells Fargo      568,000.00   4/3/2006  N         2

                                   EXHIBIT D-3
                                  LOAN GROUP 3
                             MORTGAGE LOAN SCHEDULE

                                      D-3-1

  LOANID      OCC    PROPTYPE  OTERM  CORTERM  OLTV     RATE    FPDATE    NDDATE    S_MATDATE     PANDI      PTDATE         OBAL

144752029 Primary    SFR        360     355   56.88   6.375   5/1/2006   9/1/2006   4/1/2036   3,637.17    8/1/2006      583,000.00
203129887 Primary    SFR        360     355   63.49   6.375   5/1/2006  10/1/2006   4/1/2036   5,312.50    9/1/2006    1,000,000.00
203041983 Primary    SFR        360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   3,448.02    8/1/2006      560,000.00
144745536 Primary    SFR        360     355   36.97    6.25   5/1/2006  10/1/2006   4/1/2036   3,755.88    9/1/2006      610,000.00
203201363 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   2,443.75    8/1/2006      460,000.00
144753068 Primary    SFR        360     355   78.83    6.25   5/1/2006   9/1/2006   4/1/2036   2,812.50    8/1/2006      540,000.00
144748084 Primary    SFR        360     356   66.71    6.25   6/1/2006  10/1/2006   5/1/2036   2,973.92    9/1/2006      483,000.00
203206404 Primary    SFR        360     355      70    6.25   5/1/2006   9/1/2006   4/1/2036   3,244.27    8/1/2006      622,900.00
144760220 Primary    SFR        360     355   58.12   6.375   5/1/2006  10/1/2006   4/1/2036   3,281.56    9/1/2006      526,000.00
144588761 Primary    SFR        360     354   63.58    6.25   4/1/2006   9/1/2006   3/1/2036   2,578.12    8/1/2006      495,000.00
203145495 Primary    PUD        360     355      51    6.25   5/1/2006   9/1/2006   4/1/2036   2,656.25    8/1/2006      510,000.00
 31090681 Primary    SFR        360     355   55.56    6.25   5/1/2006   9/1/2006   4/1/2036   6,157.17    8/1/2006    1,000,000.00
144753530 Primary    SFR        360     355      75   6.375   5/1/2006   9/1/2006   4/1/2036   3,187.50    8/1/2006      600,000.00
144608288 Primary    SFR        360     355   54.55   6.375   5/1/2006   9/1/2006   4/1/2036   3,767.63    8/1/2006      709,200.00
144752052 Primary    SFR        360     355   65.34    6.25   5/1/2006  10/1/2006   4/1/2036   3,540.38    9/1/2006      575,000.00
203233929 Primary    SFR        360     356    79.9    6.25   6/1/2006  10/1/2006   5/1/2036   3,393.84    9/1/2006      551,200.00
144742194 Primary    SFR        360     355   52.79   6.375   5/1/2006  10/1/2006   4/1/2036   5,614.83    9/1/2006      900,000.00
203167945 Primary    PUD        360     355   65.25   6.375   5/1/2006   9/1/2006   4/1/2036   2,443.75    8/1/2006      460,000.00
203058664 Primary    SFR        360     355   75.63   6.375   5/1/2006   9/1/2006   4/1/2036   5,614.83    8/1/2006      900,000.00
203030887 Primary    SFR        360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   3,154.64    8/1/2006      512,352.00
203169438 Primary    SFR        360     355      80   6.375   5/1/2006  10/1/2006   4/1/2036   2,789.95    9/1/2006      447,200.00
144737582 Primary    SFR        360     355   73.86   6.375   5/1/2006   9/1/2006   4/1/2036   4,055.16    8/1/2006      650,000.00
144751583 Primary    SFR        360     355   42.88   6.375   5/1/2006   9/1/2006   4/1/2036   3,905.43    8/1/2006      626,000.00
144860095 Primary    SFR        360     355   35.21   6.375   5/1/2006   9/1/2006   4/1/2036   2,656.25    8/1/2006      500,000.00
203181094 Primary    PUD        360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   2,832.30    8/1/2006      460,000.00
144747896 Primary    PUD        360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   2,729.17    8/1/2006      524,000.00
 32174815 Primary    SFR        360     355    20.6   6.375   5/1/2006   9/1/2006   4/1/2036   3,212.93    8/1/2006      515,000.00
 36708337 Primary    SFR        360     355   73.48    6.25   5/1/2006   9/1/2006   4/1/2036   3,817.45    8/1/2006      620,000.00
203178645 Primary    SFR        360     355   76.92    6.25   5/1/2006  10/1/2006   4/1/2036   3,078.59    9/1/2006      500,000.00
144673621 Primary    SFR        360     355   43.68   6.375   5/1/2006   9/1/2006   4/1/2036   5,926.77    8/1/2006      950,000.00
144736204 Primary    SFR        360     355   79.84    6.25   5/1/2006  10/1/2006   4/1/2036   2,557.29    9/1/2006      491,000.00
203308770 Primary    SFR        360     355   74.52   6.375   5/1/2006   9/1/2006   4/1/2036   3,743.22    8/1/2006      600,000.00
 35067909 Primary    SFR        360     356   74.97    6.25   6/1/2006   9/1/2006   5/1/2036   3,385.42    8/1/2006      650,000.00
203020102 Primary    PUD        360     354   78.36    6.25   4/1/2006   9/1/2006   3/1/2036   3,979.17    8/1/2006      764,000.00
203122916 Primary    SFR        360     355   54.12    6.25   5/1/2006   9/1/2006   4/1/2036   2,395.83    8/1/2006      460,000.00
202711156 Primary    SFR        360     352      80    6.25   2/1/2006   9/1/2006   1/1/2036   3,416.67    8/1/2006      656,000.00
144579422 Primary    PUD        360     354   62.81    6.25   4/1/2006  10/1/2006   3/1/2036   5,208.07    9/1/2006      999,950.00
 34139410 Primary    SFR        354     348      75    6.25   4/1/2006   9/1/2006   9/1/2035   3,924.74    8/1/2006      633,750.00
 34405852 Primary    SFR        360     356   65.31   6.375   6/1/2006   9/1/2006   5/1/2036   2,550.00    8/1/2006      480,000.00
 35384957 Primary    PUD        360     356   73.62    6.25   6/1/2006  10/1/2006   5/1/2036   3,125.00    9/1/2006      600,000.00
 35982040 Primary    SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   3,194.22    8/1/2006      512,000.00
 36236727 Primary    SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   3,351.13    8/1/2006      630,800.00
144308814 Primary    PUD        360     356   54.68   6.375   6/1/2006  10/1/2006   5/1/2036   2,295.00    9/1/2006      432,000.00
144769288 Primary    SFR        360     356   45.45   6.375   6/1/2006   9/1/2006   5/1/2036   3,119.35    8/1/2006      500,000.00
144776705 Primary    SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   3,053.63    8/1/2006      574,800.00
144954260 Primary    SFR        360     356   75.04   6.375   6/1/2006  10/1/2006   5/1/2036   2,869.81    9/1/2006      460,000.00
203077607 Primary    SFR        360     356      75   6.375   6/1/2006  12/1/2006   5/1/2036   3,396.97   11/1/2006      544,500.00
203166616 Primary    PUD        360     356   56.43    6.25   6/1/2006   9/1/2006   5/1/2036   4,687.50    8/1/2006      900,000.00
203172796 Primary    PUD        360     355      80    6.25   5/1/2006  10/1/2006   4/1/2036   3,694.30    9/1/2006      600,000.00
203174008 Primary    SFR        360     356    59.6   6.375   6/1/2006   9/1/2006   5/1/2036   3,680.83    8/1/2006      590,000.00
203209242 Primary    SFR        360     355   61.88   6.375   5/1/2006   9/1/2006   4/1/2036   5,259.38    8/1/2006      990,000.00
203209473 Primary    SFR        360     355   51.72   6.375   5/1/2006   9/1/2006   4/1/2036   3,979.06    8/1/2006      750,000.00
203253547 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   3,044.49    8/1/2006      488,000.00
203262704 Secondary  PUD        360     356      75    6.25   6/1/2006   9/1/2006   5/1/2036   4,040.65    8/1/2006      656,250.00
203273255 Primary    SFR        360     356    49.7   6.375   6/1/2006   9/1/2006   5/1/2036   3,119.35    8/1/2006      500,000.00
203275227 Primary    SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   4,791.33    8/1/2006      768,000.00
203275326 Primary    SFR        360     356   67.08    6.25   6/1/2006   9/1/2006   5/1/2036   4,002.17    8/1/2006      650,000.00
203276506 Primary    SFR        360     356   41.46   6.375   6/1/2006   9/1/2006   5/1/2036   5,302.90    8/1/2006      850,000.00
203281704 Primary    SFR        360     356   62.21   6.375   6/1/2006  10/1/2006   5/1/2036   2,395.94    9/1/2006      451,000.00
203300454 Primary    SFR        360     356      70   6.375   6/1/2006   9/1/2006   5/1/2036   2,621.72    8/1/2006      493,500.00
203326681 Primary    SFR        360     355   76.27    6.25   5/1/2006  10/1/2006   4/1/2036   2,770.73    9/1/2006      450,000.00
203339510 Primary    SFR        360     356      75    6.25   6/1/2006  10/1/2006   5/1/2036   3,417.23    9/1/2006      555,000.00
203345855 Primary    SFR        360     356   53.07    6.25   6/1/2006   9/1/2006   5/1/2036   2,924.66    8/1/2006      475,000.00
203381702 Primary    SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   3,478.70    8/1/2006      557,600.00
203436902 Primary    PUD        360     356      70   6.375   6/1/2006   9/1/2006   5/1/2036   5,998.05    8/1/2006      961,426.00
203351465 Investor   SFR        360     356      75    6.25   6/1/2006  10/1/2006   5/1/2036   3,879.02    9/1/2006      630,000.00
203286372 Primary    SFR        360     357   60.21   6.375   7/1/2006  11/1/2006   6/1/2036   3,662.12   10/1/2006      587,000.00
 31613524 Primary    SFR        343     336   79.94   6.375   3/1/2006   9/1/2006   9/1/2034   5,112.40    8/1/2006      806,000.00
203615406 Primary    SFR        360     357      80    6.25   7/1/2006   9/1/2006   6/1/2036   5,898.27    8/1/2006      957,950.00
203337639 Primary    SFR        360     357   71.82   6.375   7/1/2006  10/1/2006   6/1/2036   4,055.16    9/1/2006      650,000.00
203420377 Primary    PUD        360     357   69.52   6.375   7/1/2006   9/1/2006   6/1/2036   3,899.19    8/1/2006      625,000.00
203452149 Primary    SFR        360     357      80   6.375   7/1/2006  10/1/2006   6/1/2036   2,465.00    9/1/2006      464,000.00
203526819 Primary    SFR        360     357   44.55   6.375   7/1/2006   9/1/2006   6/1/2036   3,056.96    8/1/2006      490,000.00
144987856 Primary    SFR        360     357   68.89    6.25   7/1/2006  10/1/2006   6/1/2036   4,771.81    9/1/2006      775,000.00
203450804 Primary    SFR        360     357   77.83   6.375   7/1/2006   9/1/2006   6/1/2036   2,913.47    8/1/2006      467,000.00
203350061 Primary    SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   2,794.94    8/1/2006      448,000.00
203234158 Primary    SFR        360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   2,704.23    8/1/2006      439,200.00
145171328 Primary    SFR        360     357   63.64   6.375   7/1/2006   9/1/2006   6/1/2036   3,275.32    8/1/2006      525,000.00
203138359 Primary    SFR        360     356      80   6.375   6/1/2006  10/1/2006   5/1/2036   3,498.67    9/1/2006      560,800.00
203299656 Primary    SFR        360     356   74.88   6.375   6/1/2006  10/1/2006   5/1/2036   3,493.67    9/1/2006      560,000.00
144955598 Primary    SFR        360     357   72.37   6.375   7/1/2006   9/1/2006   6/1/2036   3,431.29    8/1/2006      550,000.00
203502281 Secondary  SFR        360     357   59.58   6.375   7/1/2006   9/1/2006   6/1/2036   6,226.22    8/1/2006      998,000.00
203308119 Primary    PUD        360     357   59.19    6.25   7/1/2006   9/1/2006   6/1/2036   4,919.58    8/1/2006      799,000.00
203463161 Primary    SFR        360     357   58.82   6.375   7/1/2006   9/1/2006   6/1/2036   3,431.28    8/1/2006      550,000.00
 63185128 Primary    SFR        360     355   58.82    6.25   5/1/2006   9/1/2006   4/1/2036   3,078.59    8/1/2006      500,000.00
 63251326 Primary    Condo      360     355   59.67   6.375   5/1/2006   9/1/2006   4/1/2036   1,559.67    8/1/2006      250,000.00
 63805758 Secondary  Condo      360     356   79.96    6.25   6/1/2006   9/1/2006   5/1/2036   2,752.26    8/1/2006      447,000.00
 63877955 Primary    SFR        360     355   70.15   6.375   5/1/2006  10/1/2006   4/1/2036   2,932.19    9/1/2006      470,000.00
 64356579 Primary    SFR        360     356      75    6.25   6/1/2006  10/1/2006   5/1/2036   2,840.00    9/1/2006      461,250.00
150087914 Secondary  SFR        360     355   79.94   6.375   5/1/2006   9/1/2006   4/1/2036   2,417.19    8/1/2006      455,000.00
150293017 Primary    SFR        360     354   74.81    6.25   4/1/2006   9/1/2006   3/1/2036   9,235.76    8/1/2006    1,500,000.00
150314482 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   2,854.83    8/1/2006      457,600.00
150314904 Primary    SFR        360     354      80    6.25   4/1/2006   9/1/2006   3/1/2036   3,275.62    8/1/2006      532,000.00
150319317 Primary    SFR        360     354   74.96    6.25   4/1/2006   9/1/2006   3/1/2036   3,069.36    8/1/2006      498,500.00
150321735 Primary    SFR        360     354      80   6.375   4/1/2006   9/1/2006   3/1/2036   3,269.08    8/1/2006      524,000.00
150337343 Secondary  SFR        360     356      80   6.375   6/1/2006   9/1/2006   5/1/2036   3,318.49    8/1/2006      531,920.00
150362978 Primary    SFR        360     355   71.63    6.25   5/1/2006   9/1/2006   4/1/2036   3,109.38    8/1/2006      505,000.00
150386589 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   2,884.78    8/1/2006      462,400.00
150389922 Primary    SFR        360     355   48.78   6.375   5/1/2006  10/1/2006   4/1/2036   6,238.70    9/1/2006      999,999.00
150405397 Primary    SFR        360     354      80    6.25   4/1/2006   9/1/2006   3/1/2036   3,078.59    8/1/2006      500,000.00
150479863 Primary    SFR        360     354      80    6.25   4/1/2006   9/1/2006   3/1/2036   3,226.36    8/1/2006      524,000.00
150534055 Primary    SFR        360     354   72.17    6.25   4/1/2006   9/1/2006   3/1/2036   3,201.73    8/1/2006      520,000.00
150535813 Primary    SFR        360     355   54.64    6.25   5/1/2006   9/1/2006   4/1/2036   6,156.44    8/1/2006      999,880.00
150646735 Primary    SFR        360     354   60.81   6.375   4/1/2006  10/1/2006   3/1/2036   2,807.41    9/1/2006      450,000.00
150826212 Primary    SFR        360     355      80    6.25   5/1/2006  10/1/2006   4/1/2036   2,930.20    9/1/2006      475,900.00
150828382 Primary    SFR        360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   3,526.83    8/1/2006      572,800.00
150923233 Primary    SFR        360     355   45.58   6.375   5/1/2006   9/1/2006   4/1/2036   2,801.18    8/1/2006      449,000.00
150971323 Primary    Condo      360     355      80    6.25   5/1/2006   9/1/2006   4/1/2036   2,807.68    8/1/2006      456,000.00
151068376 Primary    2-Family   360     355      75    6.25   5/1/2006  10/1/2006   4/1/2036   3,417.24    9/1/2006      555,000.00
151087251 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   2,869.81    8/1/2006      460,000.00
151093341 Primary    SFR        360     355      75   6.375   5/1/2006   9/1/2006   4/1/2036   2,713.84    8/1/2006      435,000.00
151102878 Primary    SFR        360     355   70.15   6.375   5/1/2006   9/1/2006   4/1/2036   3,487.44    8/1/2006      559,000.00
151105491 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   2,645.21    8/1/2006      424,000.00
151152527 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   2,994.58    8/1/2006      480,000.00
151208824 Primary    SFR        360     355    79.3   6.375   5/1/2006   9/1/2006   4/1/2036   3,106.25    8/1/2006      497,900.00
151263811 Primary    SFR        360     355      80   6.375   5/1/2006   9/1/2006   4/1/2036   3,743.22    8/1/2006      600,000.00
151291937 Primary    SFR        360     355      75   6.375   5/1/2006   9/1/2006   4/1/2036   3,181.74    8/1/2006      510,000.00
151365426 Primary    SFR        360     355   62.78    6.25   5/1/2006   9/1/2006   4/1/2036   2,616.80    8/1/2006      425,000.00
151377611 Primary    SFR        360     356      80   6.375   6/1/2006  10/1/2006   5/1/2036   3,518.63    9/1/2006      564,000.00
151380326 Secondary  SFR        360     356    63.5   6.375   6/1/2006   9/1/2006   5/1/2036   3,961.58    8/1/2006      635,000.00
151408838 Primary    SFR        360     356      80    6.25   6/1/2006   9/1/2006   5/1/2036   3,250.99    8/1/2006      528,000.00
151460821 Primary    Condo      360     356      80   6.375   6/1/2006  10/1/2006   5/1/2036   3,868.00    9/1/2006      620,000.00
151516168 Primary    SFR        360     355   79.96    6.25   5/1/2006   9/1/2006   4/1/2036   2,752.26    8/1/2006      447,000.00
151584596 Primary    SFR        360     355   77.87   6.375   5/1/2006   9/1/2006   4/1/2036   2,963.39    8/1/2006      475,000.00
151962453 Primary    SFR        360     355      61    6.25   5/1/2006   9/1/2006   4/1/2036   3,177.08    8/1/2006      610,000.00

  LOANID         COBAL       PURPOSE            DOC                  SERVICER            OAPPVAL         ODATE   PPEN    NGROUP

144752029     580,271.25  R/T Refi     FAD(Full or Alt or AUS)      SunTrust         1,025,000.00     3/31/2006  N          3
203129887   1,000,000.00  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,600,000.00     3/10/2006  N          3
203041983     551,771.02  Purchase     FAD(Full or Alt or AUS)      SunTrust           725,000.00     3/13/2006  N          3
144745536     600,789.97  R/T Refi     FAD(Full or Alt or AUS)      SunTrust         1,650,000.00     3/23/2006  N          3
203201363     460,000.00  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           575,000.00     3/16/2006  N          3
144753068     539,736.59  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           685,000.00      4/3/2006  N          3
144748084     481,152.45  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           724,000.00      4/3/2006  N          3
203206404     622,893.59  Purchase     FAD(Full or Alt or AUS)      SunTrust           891,000.00     3/14/2006  N          3
144760220     523,444.87  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           905,000.00     3/28/2006  N          3
144588761     494,897.60  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           778,500.00      3/2/2006  N          3
203145495     509,912.27  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,000,000.00     3/22/2006  N          3
 31090681     995,206.13  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,800,000.00     3/27/2006  N          3
144753530     599,160.80  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           800,000.00     3/23/2006  N          3
144608288     709,134.16  R/T Refi     FAD(Full or Alt or AUS)      SunTrust         1,300,000.00     3/20/2006  N          3
144752052     572,243.49  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           880,000.00      4/3/2006  N          3
203233929     549,091.57  Purchase     FAD(Full or Alt or AUS)      SunTrust           695,000.00      4/7/2006  N          3
144742194     895,787.57  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,705,000.00     3/28/2006  N          3
203167945     260,000.00  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           705,000.00     3/27/2006  N          3
203058664     895,787.57  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,200,000.00     3/28/2006  N          3
203030887     509,895.84  Purchase     FAD(Full or Alt or AUS)      SunTrust           642,000.00     3/28/2006  N          3
203169438     445,106.88  Purchase     FAD(Full or Alt or AUS)      SunTrust           597,500.00      3/1/2006  N          3
144737582     645,903.33  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           880,000.00     3/27/2006  N          3
144751583     623,070.02  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,460,000.00     3/27/2006  N          3
144860095     499,970.00  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,420,000.00      4/4/2006  N          3
203181094     457,794.81  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           575,000.00     3/29/2006  N          3
144747896     523,381.60  Purchase     FAD(Full or Alt or AUS)      SunTrust           655,000.00     3/23/2006  N          3
 32174815     512,589.56  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         2,500,000.00     3/27/2006  N          3
 36708337     615,059.44  Purchase     FAD(Full or Alt or AUS)      SunTrust           850,000.00     3/22/2006  N          3
203178645     497,603.05  R/T Refi     NIV                          SunTrust           650,000.00     3/23/2006  N          3
144673621     945,553.54  R/T Refi     NIV                          SunTrust         2,175,000.00     3/21/2006  N          3
144736204     491,000.00  R/T Refi     NIV                          SunTrust           615,000.00     3/17/2006  N          3
203308770     590,233.46  Purchase     NIV                          SunTrust           810,000.00     3/31/2006  N          3
 35067909     650,000.00  C/O Refi     NIV                          SunTrust           867,000.00     4/10/2006  N          3
203020102     764,000.00  Purchase     FAD(Full or Alt or AUS)      SunTrust           975,000.00     2/28/2006  N          3
203122916     459,987.43  C/O Refi     PS+(PS + W-2 or 1040)        SunTrust           850,000.00     3/17/2006  N          3
202711156     646,000.00  Purchase     FAD(Full or Alt or AUS)      SunTrust           870,000.00    12/13/2005  N          3
144579422     999,944.36  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,592,000.00     2/23/2006  N          3
 34139410     629,756.79  Purchase     FAD(Full or Alt or AUS)      SunTrust           845,000.00     2/28/2006  N          3
 34405852     480,000.00  C/O Refi     NIV                          SunTrust           735,000.00     4/21/2006  N          3
 35384957     600,000.00  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           815,000.00     4/11/2006  N          3
 35982040     510,087.95  Purchase     FAD(Full or Alt or AUS)      SunTrust           655,000.00     4/21/2006  N          3
 36236727     630,800.00  Purchase     FAD(Full or Alt or AUS)      SunTrust           800,000.00      4/7/2006  N          3
144308814     431,770.53  Purchase     NIV                          SunTrust           815,000.00     4/28/2006  N          3
144769288     498,020.47  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,100,000.00     4/14/2006  N          3
144776705     574,800.00  Purchase     FAD(Full or Alt or AUS)      SunTrust           735,000.00     4/21/2006  N          3
144954260     457,475.73  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           613,000.00     4/19/2006  N          3
203077607     542,466.62  Purchase     FAD(Full or Alt or AUS)      SunTrust           730,000.00     4/10/2006  N          3
203166616     900,000.00  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,595,000.00     4/28/2006  N          3
203172796     597,123.69  Purchase     FAD(Full or Alt or AUS)      SunTrust           750,000.00     3/28/2006  N          3
203174008     587,676.06  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           990,000.00      4/4/2006  N          3
203209242     990,000.00  R/T Refi     NIV                          SunTrust         1,600,000.00     3/16/2006  N          3
203209473     747,500.00  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,450,000.00      4/4/2006  N          3
203253547     484,566.03  Purchase     FAD(Full or Alt or AUS)      SunTrust           610,000.00     3/30/2006  N          3
203262704     653,739.76  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           875,000.00     4/20/2006  N          3
203273255     498,132.79  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,006,000.00     4/17/2006  N          3
203275227     765,131.92  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           960,000.00     4/11/2006  N          3
203275326     647,513.65  Purchase     FAD(Full or Alt or AUS)      SunTrust           970,000.00     4/24/2006  N          3
203276506     846,825.72  Purchase     FAD(Full or Alt or AUS)      SunTrust         2,050,000.00     4/10/2006  N          3
203281704     450,582.03  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           725,000.00      4/6/2006  N          3
203300454     493,500.00  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           705,000.00     4/21/2006  N          3
203326681     447,842.74  Purchase     NIV                          SunTrust           590,000.00     3/28/2006  N          3
203339510     552,877.06  Purchase     NIV                          SunTrust           760,000.00     4/12/2006  N          3
203345855     473,183.06  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           895,000.00     4/10/2006  N          3
203381702     555,517.69  Purchase     FAD(Full or Alt or AUS)      SunTrust           697,000.00     4/26/2006  N          3
203436902     957,835.63  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,380,000.00     4/21/2006  N          3
203351465     627,590.18  Purchase     FAD(Full or Alt or AUS)      SunTrust           840,000.00     4/18/2006  N          3
203286372     585,014.10  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           975,000.00     5/22/2006  N          3
 31613524     800,092.86  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,010,000.00     1/13/2006  N          3
203615406     955,208.93  Purchase     NIV                          SunTrust         1,200,000.00     5/31/2006  N          3
203337639     648,184.29  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           905,000.00     5/25/2006  N          3
203420377     621,604.21  Purchase     FAD(Full or Alt or AUS)      SunTrust           900,000.00      5/4/2006  N          3
203452149     464,000.00  Purchase     FAD(Full or Alt or AUS)      SunTrust           590,000.00      5/5/2006  N          3
203526819     488,631.25  Purchase     FAD(Full or Alt or AUS)      SunTrust         1,100,000.00     5/15/2006  N          3
144987856     772,782.44  C/O Refi     FAD(Full or Alt or AUS)      SunTrust         1,125,000.00     5/22/2006  N          3
203450804     465,695.50  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           600,000.00      5/3/2006  N          3
203350061     446,326.97  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           560,000.00     4/21/2006  N          3
203234158     437,094.53  Purchase     FAD(Full or Alt or AUS)      SunTrust           550,000.00     3/27/2006  N          3
145171328     523,533.46  C/O Refi     FAD(Full or Alt or AUS)      SunTrust           825,000.00     5/30/2006  N          3
203138359     558,705.71  Purchase     FAD(Full or Alt or AUS)      SunTrust           710,000.00     4/10/2006  N          3
203299656     557,908.72  Purchase     FAD(Full or Alt or AUS)      SunTrust           760,000.00     4/26/2006  N          3
144955598     548,162.04  R/T Refi     FAD(Full or Alt or AUS)      SunTrust           760,000.00      5/8/2006  N          3
203502281     993,652.30  R/T Refi     NIV                          SunTrust         1,675,000.00     5/17/2006  N          3
203308119     796,612.99  R/T Refi     NIV                          SunTrust         1,350,000.00      5/8/2006  N          3
203463161     548,463.66  Purchase     PS+(PS + W-2 or 1040)        SunTrust           935,000.00     5/11/2006  N          3
 63185128     497,603.05  Purchase     Asset Only                   Wells Fargo        861,000.00     3/31/2006  N          3
 63251326     248,829.92  Purchase     Asset Only                   Wells Fargo        419,000.00      3/8/2006  N          3
 63805758     445,290.16  Purchase     AUS                          Wells Fargo        560,000.00      4/3/2006  N          3
 63877955     467,800.18  Purchase     Asset Only                   Wells Fargo        670,000.00     3/30/2006  N          3
 64356579     459,485.64  Purchase     AUS                          Wells Fargo        622,000.00     4/17/2006  N          3
150087914     455,000.00  Purchase     Asset Only                   Wells Fargo        570,000.00     3/27/2006  N          3
150293017   1,491,189.04  Purchase     Full                         Wells Fargo      2,010,000.00      3/1/2006  N          3
150314482     455,458.21  Purchase     AUS                          Wells Fargo        572,000.00     3/13/2006  N          3
150314904     528,931.55  Purchase     AUS                          Wells Fargo        665,000.00     2/13/2006  N          3
150319317     495,407.42  C/O Refi     AUS                          Wells Fargo        665,000.00     2/14/2006  N          3
150321735     521,049.06  Purchase     AUS                          Wells Fargo        655,000.00     2/14/2006  N          3
150337343     529,933.59  Purchase     AUS                          Wells Fargo        670,000.00      4/3/2006  N          3
150362978     502,579.05  Purchase     AUS                          Wells Fargo        705,000.00      3/3/2006  N          3
150386589     460,235.73  Purchase     Asset Only                   Wells Fargo        580,000.00     3/15/2006  N          3
150389922     995,318.50  C/O Refi     Asset Only                   Wells Fargo      2,050,000.00     3/23/2006  N          3
150405397     497,116.14  Purchase     AUS                          Wells Fargo        670,000.00      2/7/2006  N          3
150479863     520,977.73  Purchase     AUS                          Wells Fargo        655,000.00     2/15/2006  N          3
150534055     517,000.52  C/O Refi     AUS                          Wells Fargo        720,500.00     2/23/2006  N          3
150535813     995,086.68  C/O Refi     Asset Only                   Wells Fargo      1,830,000.00     3/14/2006  N          3
150646735     447,465.85  R/T Refi     Asset Only                   Wells Fargo        740,000.00     2/27/2006  N          3
150826212     473,618.58  Purchase     AUS                          Wells Fargo        594,900.00      3/2/2006  N          3
150828382     570,054.06  Purchase     Asset Only                   Wells Fargo        716,000.00     3/23/2006  N          3
150923233     446,493.11  C/O Refi     AUS                          Wells Fargo        985,000.00     3/10/2006  N          3
150971323     453,813.95  Purchase     AUS                          Wells Fargo        570,000.00     3/16/2006  N          3
151068376     552,339.34  Purchase     Asset Only                   Wells Fargo        825,000.00      3/9/2006  N          3
151087251     457,846.94  Purchase     AUS                          Wells Fargo        585,500.00     3/24/2006  N          3
151093341     432,963.98  C/O Refi     Asset Only                   Wells Fargo        580,000.00     3/20/2006  N          3
151102878     556,332.66  Purchase     Asset Only                   Wells Fargo        797,000.00     3/16/2006  N          3
151105491     421,793.39  Purchase     Full                         Wells Fargo        530,000.00     3/16/2006  N          3
151152527     477,753.36  Purchase     Asset Only                   Wells Fargo        600,000.00     3/17/2006  N          3
151208824     495,569.58  Purchase     AUS                          Wells Fargo        634,000.00     3/27/2006  N          3
151263811     597,191.73  Purchase     Asset Only                   Wells Fargo        750,000.00     3/14/2006  N          3
151291937     507,612.96  C/O Refi     Asset Only                   Wells Fargo        680,000.00     3/22/2006  N          3
151365426     422,962.59  C/O Refi     AUS                          Wells Fargo        677,000.00     3/17/2006  N          3
151377611     561,830.37  C/O Refi     Asset Only                   Wells Fargo        705,000.00      4/4/2006  N          3
151380326     629,596.63  C/O Refi     Asset Only                   Wells Fargo      1,000,000.00     4/10/2006  N          3
151408838     525,434.07  Purchase     AUS                          Wells Fargo        660,000.00     3/31/2006  N          3
151460821     617,684.63  Purchase     AUS                          Wells Fargo        775,000.00      4/4/2006  N          3
151516168     444,857.12  Purchase     Full                         Wells Fargo        559,000.00     3/31/2006  N          3
151584596     472,776.74  R/T Refi     AUS                          Wells Fargo        610,000.00     3/30/2006  N          3
151962453     610,000.00  Purchase     Full                         Wells Fargo      1,000,000.00     3/21/2006  N          3

                                    EXHIBIT E
                        REQUEST FOR RELEASE OF DOCUMENTS

                               September 28, 2006

To:  U.S. Bank National Association
     4527 Metropolitan Ct., Suite C
     Frederick, MD 21704
     Attention: Tina Radtke

Re:  The Pooling and Servicing Agreement dated September 28, 2006, among Banc of
     America Funding Corporation, as Depositor, Wells Fargo Bank, N.A., as
     Securities Administrator, CitiMortgage, Inc., as Master Servicer, and U.S.
     Bank National Association, as Trustee.

     In connection with the administration of the Mortgage Loans held by you, as
Custodian, pursuant to the above-captioned Pooling and Servicing Agreement, we
request the release, and hereby acknowledge receipt, of the Mortgage File for
the Mortgage Loan described below, for the reason indicated.

Mortgage Loan Number:

Mortgagor Name, Address & Zip Code:

Reason for Requesting Documents (check one)

____   1.   Mortgage Paid in Full

____   2.   Foreclosure

____   3.   Substitution

____   4.   Other Liquidation

____   5.   Nonliquidation

                                        Reason:
                                                --------------------------------

                                        By:
                                            ------------------------------------
                                               (authorized signer of Servicer)

                                        Issuer:
                                                 -------------------------------
                                        Address:
                                                 -------------------------------

                                        ----------------------------------------

                                      E-1

                                        Date: __________________________________

Custodian

U.S. Bank National Association
Please acknowledge the execution of the above request by your signature and date
below:

----------------------------------  ---------------
Signature         Date

Documents returned to Custodian:

----------------------------------- ----------------
Custodian         Date

                                      E-2

                                    EXHIBIT F

                FORM OF CERTIFICATION OF ESTABLISHMENT OF ACCOUNT

                               September 28, 2006

     [_______________] hereby certifies that it has established a [__________]
Account pursuant to Section [________] of the Pooling and Servicing Agreement,
dated September 28, 2006, among Banc of America Funding Corporation, as
Depositor, Wells Fargo Bank, N.A., as Securities Administrator, CitiMortgage,
Inc., as Master Servicer, and U.S. Bank National Association, as Trustee.

                                        [_______________],

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                              ----------------------------------

                                      F-1

                                   EXHIBIT G-1

                        FORM OF TRANSFEROR'S CERTIFICATE
                      FOR TRANSFERS OF PRIVATE CERTIFICATES

                                     [Date]

Wells Fargo Bank, N.A.
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479-0113
Attention: Corporate Trust Services - BAFC 2006-6

Re:  Banc of America Funding Corporation, Mortgage Pass-Through Certificates,
     Series 2006-6, Class ___, having an initial aggregate Certificate Balance
     as of September 28, 2006 of $___________

Ladies and Gentlemen:

     This letter is delivered to you in connection with the transfer by
[______________] (the "Transferor") to [______________] (the "Transferee") of
the captioned Certificates (the "Transferred Certificates"), pursuant to Section
6.02 of the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement"), dated September 28, 2006, among Banc of America Funding
Corporation, as Depositor, Wells Fargo Bank, N.A., as Securities Administrator,
CitiMortgage, Inc., as Master Servicer, and U.S. Bank National Association, as
Trustee. All capitalized terms used herein and not otherwise defined shall have
the respective meanings set forth in the Pooling and Servicing Agreement. The
Transferor hereby certifies, represents and warrants to you, as Securities
Administrator, that:

          1. The Transferor is the lawful owner of the Transferred Certificates
     with the full right to transfer such Certificates free from any and all
     claims and encumbrances whatsoever.

          2. Neither the Transferor nor anyone acting on its behalf has (a)
     offered, transferred, pledged, sold or otherwise disposed of any
     Transferred Certificate, any interest in a Transferred Certificate or any
     other similar security to any person in any manner, (b) solicited any offer
     to buy or accept a transfer, pledge or other disposition of any Transferred
     Certificate, any interest in a Transferred Certificate or any other similar
     security from any person in any manner, (c) otherwise approached or
     negotiated with respect to any Transferred Certificate, any interest in a
     Transferred Certificate or any other similar security with any person in
     any manner, (d) made any general solicitation with respect to any
     Transferred Certificate, any interest in a Transferred Certificate or any
     other similar security by means of general advertising or in any other
     manner, or (e) taken any other action with respect to any Transferred
     Certificate, any interest in a Transferred Certificate or any other similar
     security, which (in the case of any of the acts described in clauses (a)
     through (e) hereof) would constitute a distribution of the Transferred
     Certificates under the Securities Act of 1933, as amended (the "1933 Act"),
     would render the disposition of the Transferred Certificates a violation of
     Section 5 of the 1933 Act or

                                     G-1-1

     any state securities laws, or would require registration or qualification
     of the Transferred Certificates pursuant to the 1933 Act or any state
     securities laws.

                                        Very truly yours,

                                        ----------------------------------------
                                        (Transferor)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                              ----------------------------------

                                     G-1-2

                                  EXHIBIT G-2A

                       FORM 1 OF TRANSFEREE'S CERTIFICATE
                      FOR TRANSFERS OF PRIVATE CERTIFICATES

                                     [Date]

Wells Fargo Bank, N.A.
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479-0113
Attention: Corporate Trust Services - BAFC 2006-6

     Re:  Banc of America Funding Corporation, Mortgage Pass-Through
          Certificates, Series 2006-6, Class ___, having an initial aggregate
          Certificate Balance as of September 28, 2006 of $_________]

Ladies and Gentlemen:

     This letter is delivered to you in connection with the transfer by
[_______________] (the "Transferor") to [_________________________________] (the
"Transferee") of the captioned Certificates (the "Transferred Certificates"),
pursuant to Section 6.02 of the Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement"), dated September 28, 2006, among Banc of America
Funding Corporation, as Depositor, Wells Fargo Bank, N.A., as Securities
Administrator, CitiMortgage, Inc., as Master Servicer, and U.S. Bank National
Association, as Trustee. All capitalized terms used herein and not otherwise
defined shall have the respective meanings set forth in the Pooling and
Servicing Agreement. The Transferor hereby certifies, represents and warrants to
you, as Securities Administrator, that:

          1. The Transferee is a "qualified institutional buyer" (a "Qualified
     Institutional Buyer") as that term is defined in Rule 144A ("Rule 144A")
     under the Securities Act of 1933, as amended (the "1933 Act"), and has
     completed one of the forms of certification to that effect attached hereto
     as Annex 1 and Annex 2. The Transferee is aware that the sale to it is
     being made in reliance on Rule 144A. The Transferee is acquiring the
     Transferred Certificates for its own account or for the account of another
     Qualified Institutional Buyer, and understands that such Transferred
     Certificates may be resold, pledged or transferred only (a) to a person
     reasonably believed to be a Qualified Institutional Buyer that purchases
     for its own account or for the account of another Qualified Institutional
     Buyer to whom notice is given that the resale, pledge or transfer is being
     made in reliance on Rule 144A, or (b) pursuant to another exemption from
     registration under the 1933 Act.

          2. The Transferee has been furnished with all information regarding
     (a) the Depositor, (b) the Transferred Certificates and distributions
     thereon, (c) the nature, performance and servicing of the Mortgage Loans,
     (d) the Pooling and Servicing Agreement and the Trust created pursuant
     thereto, (e) any credit enhancement mechanism associated with the
     Transferred Certificate, and (f) all related matters, that it has
     requested.

                                     G-2A-1

          3. If the Transferee proposes that the Transferred Certificates be
     registered in the name of a nominee, such nominee has completed the Nominee
     Acknowledgment below.

                                        Very truly yours,

                                        ----------------------------------------
                                        (Transferor)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                     G-2A-2

                             Nominee Acknowledgment

     The undersigned hereby acknowledges and agrees that as to the Transferred
Certificates being registered in its name, the sole beneficial owner thereof is
and shall be the Transferee identified above, for whom the undersigned is acting
as nominee.

                                        ----------------------------------------
                                        (Nominee)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                     G-2A-3

                                                         ANNEX 1 TO EXHIBIT G-2A

            QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

          [For Transferees Other Than Registered Investment Companies]

     The undersigned hereby certifies as follows to [__________________] (the
"Transferor") Wells Fargo Bank, N.A., as Securities Administrator with respect
to the mortgage pass-through certificates (the "Transferred Certificates")
described in the Transferee certificate to which this certification relates and
to which this certification is an Annex:

     1. As indicated below, the undersigned is the chief financial officer, a
person fulfilling an equivalent function, or other executive officer of the
entity purchasing the Transferred Certificates (the "Transferee").

     2. The Transferee is a "qualified institutional buyer" as that term is
defined in Rule 144A ("Rule 144A") under the Securities Act of 1933, as amended,
because (i) the Transferee owned and/or invested on a discretionary basis
$______________________(1) in securities (other than the excluded securities
referred to below) as of the end of the Transferee's most recent fiscal year
(such amount being calculated in accordance with Rule 144A) and (ii) the
Transferee satisfies the criteria in the category marked below.

     ___  Corporation, etc. The Transferee is a corporation (other than a bank,
          savings and loan association or similar institution), Massachusetts or
          similar business trust, partnership, or any organization described in
          Section 501(c)(3) of the Internal Revenue Code of 1986.

     ___  Bank. The Transferee (a) is a national bank or a banking institution
          organized under the laws of any state, U.S. territory or the District
          of Columbia, the business of which is substantially confined to
          banking and is supervised by the state or territorial banking
          commission or similar official or is a foreign bank or equivalent
          institution, and (b) has an audited net worth of at least $25,000,000
          as demonstrated in its latest annual financial statements, a copy of
          which is attached hereto, as of a date not more than 16 months
          preceding the date of sale of the Transferred - Certificates in the
          case of a U.S. bank, and not more than 18 months preceding such date
          of sale in the case of a foreign bank or equivalent institution.

     ___  Savings and Loan. The Transferee (a) is a savings and loan
          association, building and loan association, cooperative bank,
          homestead association or similar institution, which is supervised and
          examined by a state or federal authority having supervision over any
          such institutions, or is a foreign savings and loan association or
          equivalent institute and (b) has an audited net worth of at least

--------
(1)  Transferee must own and/or invest on a discretionary basis at least
     $100,000,000 in securities unless Transferee is a dealer, and, in that
     case, Transferee must own and/or invest on a discretionary basis at least
     $10,000,000 in securities.

                                     G-2A-4

          $25,000,000 as demonstrated in its latest annual financial statements,
          a copy of which is attached hereto, as of a date not more than 16
          months preceding the date of sale of the Transferred Certificates in
          the case of a U.S. savings and loan association, and not more than 18
          months preceding such date of sale in the case of a foreign savings
          and loan association or equivalent institution.

     ___  Broker-dealer. The Transferee is a dealer registered pursuant to
          Section 15 of the Securities Exchange Act of 1934, as amended.

     ___  Insurance Company. The Transferee is an insurance company whose
          primary and predominant business activity is the writing of insurance
          or the reinsuring of risks underwritten by insurance companies and
          which is subject to supervision by the insurance commissioner or a
          similar official or agency of a state, U.S. territory or the District
          of Columbia.

     ___  State or Local Plan. The Transferee is a plan established and
          maintained by a state, its political subdivisions, or any agency or
          instrumentality of the state or its political subdivisions, for the
          benefit of its employees.

     ___  ERISA Plan. The Transferee is an employee benefit plan within the
          meaning of Title I of the Employee Retirement Income Security Act of
          1974.

     ___  Investment Advisor. The Transferee is an investment advisor registered
          under the Investment Advisers Act of 1940.

     ___  Other. (Please supply a brief description of the entity and a
          cross-reference to the paragraph and subparagraph under subsection
          (a)(1) of Rule 144A pursuant to which it qualifies. Note that
          registered investment companies should complete Annex 2 rather than
          this Annex 1.)

     3. The term "securities" as used herein does not include (i) securities of
issuers that are affiliated with the Transferee, (ii) securities that are part
of an unsold allotment to or subscription by the Transferee, if the Transferee
is a dealer, (iii) bank deposit notes and certificates of deposit, (iv) loan
participations, (v) repurchase agreements, (vi) securities owned but subject to
a repurchase agreement and (vii) currency, interest rate and commodity swaps.
For purposes of determining the aggregate amount of securities owned and/or
invested on a discretionary basis by the Transferee, the Transferee did not
include any of the securities referred to in this paragraph.

     4. For purposes of determining the aggregate amount of securities owned
and/or invested on a discretionary basis by the Transferee, the Transferee used
the cost of such securities to the Transferee, unless the Transferee reports its
securities holdings in its financial statements on the basis of their market
value, and no current information with respect to the cost of those securities
has been published, in which case the securities were valued at market. Further,
in determining such aggregate amount, the Transferee may have included
securities owned by subsidiaries of the Transferee, but only if such
subsidiaries are consolidated with the Transferee in its financial statements
prepared in accordance with generally accepted accounting

                                     G-2A-5

principles and if the investments of such subsidiaries are managed under the
Transferee's direction. However, such securities were not included if the
Transferee is a majority-owned, consolidated subsidiary of another enterprise
and the Transferee is not itself a reporting company under the Securities
Exchange Act of 1934, as amended.

     5. The Transferee is familiar with Rule 144A and understands that the
Transferor and other parties related to the Transferred Certificates are relying
and will continue to rely on the statements made herein because one or more
sales to the Transferee may be in reliance on Rule 144A.

          ____   ____    Will the Transferee be purchasing the Transferred
          Yes     No     Certificates only for the Transferee's own account?

     6. If the answer to the foregoing question is "no," then in each case where
the Transferee is purchasing for an account other than its own, such account
belongs to a third party that is itself a "qualified institutional buyer" within
the meaning of Rule 144A, and the "qualified institutional buyer" status of such
third party has been established by the Transferee through one or more of the
appropriate methods contemplated by Rule 144A.

     7. The Transferee will notify each of the parties to which this
certification is made of any changes in the information and conclusions herein.
Until such notice is given, the Transferee's purchase of the Transferred
Certificates will constitute a reaffirmation of this certification as of the
date of such purchase. In addition, if the Transferee is a bank or savings and
loan as provided above, the Transferee agrees that it will furnish to such
parties any updated annual financial statements that become available on or
before the date of such purchase, promptly after they become available.

                                        ----------------------------------------
                                        Print Name of Transferee

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------
                                        Date:
                                              ----------------------------------

                                     G-2A-6

                                                         ANNEX 2 TO EXHIBIT G-2A

            QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

           [For Transferees That Are Registered Investment Companies]

     The undersigned hereby certifies as follows to [_________________] (the
"Transferor") Wells Fargo Bank, N.A., as Securities Administrator, with respect
to the mortgage pass-through certificates (the "Transferred Certificates")
described in the Transferee certificate to which this certification relates and
to which this certification is an Annex:

     1. As indicated below, the undersigned is the chief financial officer, a
person fulfilling an equivalent function, or other executive officer of the
entity purchasing the Transferred Certificates (the "Transferee") or, if the
Transferee is a "qualified institutional buyer" as that term is defined in Rule
144A ("Rule 144A") under the Securities Act of 1933, as amended, because the
Transferee is part of a Family of Investment Companies (as defined below), is an
executive officer of the investment adviser (the "Adviser").

     2. The Transferee is a "qualified institutional buyer" as defined in Rule
144A because (i) the Transferee is an investment company registered under the
Investment Company Act of 1940, and (ii) as marked below, the Transferee alone
owned and/or invested on a discretionary basis, or the Transferee's Family of
Investment Companies owned, at least $100,000,000 in securities (other than the
excluded securities referred to below) as of the end of the Transferee's most
recent fiscal year. For purposes of determining the amount of securities owned
by the Transferee or the Transferee's Family of Investment Companies, the cost
of such securities was used, unless the Transferee or any member of the
Transferee's Family of Investment Companies, as the case may be, reports its
securities holdings in its financial statements on the basis of their market
value, and no current information with respect to the cost of those securities
has been published, in which case the securities of such entity were valued at
market.

     ____     The Transferee owned and/or invested on a discretionary basis
              $__________ in securities (other than the excluded securities
              referred to below) as of the end of the Transferee's most recent
              fiscal year (such amount being calculated in accordance with Rule
              144A).

     ____     The Transferee is part of a Family of Investment Companies which
              owned in the aggregate $__________________ in securities (other
              than the excluded securities referred to below) as of the end of
              the Transferee's most recent fiscal year (such amount being
              calculated in accordance with Rule 144A).

     3. The term "Family of Investment Companies" as used herein
means two or more registered investment companies (or series thereof) that have
the same investment adviser or investment advisers that are affiliated (by
virtue of being majority owned subsidiaries of the same parent or because one
investment adviser is a majority owned subsidiary of the other).

                                     G-2A-7

     4. The term "securities" as used herein does not include (i) securities of
issuers that are affiliated with the Transferee or are part of the Transferee's
Family of Investment Companies, (ii) bank deposit notes and certificates of
deposit, (iii) loan participations, (iv) repurchase agreements, (v) securities
owned but subject to a repurchase agreement and (vi) currency, interest rate and
commodity swaps. For purposes of determining the aggregate amount of securities
owned and/or invested on a discretionary basis by the Transferee, or owned by
the Transferee's Family of Investment Companies, the securities referred to in
this paragraph were excluded.

     5. The Transferee is familiar with Rule 144A and understands that the
Transferor and other parties related to the Transferred Certificates are relying
and will continue to rely on the statements made herein because one or more
sales to the Transferee will be in reliance on Rule 144A.

     ____     ____     Will the Transferee be purchasing the Transferred
     Yes      No       Certificates only for the Transferee's own account?

     6. If the answer to the foregoing question is "no," then in each case where
the Transferee is purchasing for an account other than its own, such account
belongs to a third party that is itself a "qualified institutional buyer" within
the meaning of Rule 144A, and the "qualified institutional buyer" status of such
third party has been established by the Transferee through one or more of the
appropriate methods contemplated by Rule 144A.

     7. The undersigned will notify the parties to which this certification is
made of any changes in the information and conclusions herein. Until such
notice, the Transferee's purchase of the Transferred Certificates will
constitute a reaffirmation of this certification by the undersigned as of the
date of such purchase.

                                        ----------------------------------------
                                        Print Name of Transferee or Adviser

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        IF AN ADVISER:

                                        ----------------------------------------
                                        Print Name of Transferee

                                        By:
                                            ------------------------------------
                                        Date:
                                              ----------------------------------

                                     G-2A-8

                                  EXHIBIT G-2B

                       FORM 2 OF TRANSFEREE'S CERTIFICATE
                      FOR TRANSFERS OF PRIVATE CERTIFICATES

                                     [Date]

Wells Fargo Bank, N.A.
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479-0113
Attention: Corporate Trust Services - BAFC 2006-6

     Re:     Banc of America Funding Corporation, Mortgage Pass-Through
             Certificates, Series 2006-6, Class ___, having an initial aggregate
             Certificate Principal Balance as of September 28, 2006 of
             $_________

Ladies and Gentlemen:

     This letter is delivered to you in connection with the transfer by
[_______________________] (the "Transferor") to [______________________________]
(the "Transferee") of the captioned Certificates (the "Transferred
Certificates"), pursuant to Section 6.02 of the Pooling and Servicing Agreement
(the "Pooling and Servicing Agreement"), dated September 28, 2006, among Banc of
America Funding Corporation, as Depositor, Wells Fargo Bank, N.A., as Securities
Administrator, CitiMortgage, Inc., as Master Servicer, and U.S. Bank National
Association, as Trustee. All capitalized terms used herein and not otherwise
defined shall have the respective meanings set forth in the Pooling and
Servicing Agreement. The Transferor hereby certifies, represents and warrants to
you, as Securities Administrator, that:

     1. Transferee is acquiring the Transferred Certificates for its own account
for investment and not with a view to or for sale or transfer in connection with
any distribution thereof, in whole or in part, in any manner which would violate
the Securities Act of 1933, as amended (the "1933 Act"), or any applicable state
securities laws.

     2. Transferee understands that (a) the Transferred Certificates have not
been and will not be registered under the 1933 Act or registered or qualified
under any applicable state securities laws, (b) neither the Depositor nor the
Securities Administrator is obligated so to register or qualify the Transferred
Certificates and (c) neither the Transferred Certificates nor any security
issued in exchange therefor or in lieu thereof may be resold or transferred
unless such resale or transfer is exempt from the registration requirements of
the 1933 Act and any applicable state securities laws or is made in accordance
with the 1933 Act and laws, in which case (i) unless the transfer is made in
reliance on Rule 144A under the 1933 Act, the Securities Administrator or the
Depositor may require a written Opinion of Counsel (which may be in-house
counsel) acceptable to and in form and substance reasonably satisfactory to the
Securities Administrator and the Depositor that such transfer may be made
pursuant to an exemption, describing the applicable exemption and the basis
therefor, from the 1933 Act and such laws or is being made pursuant to the 1933
Act and such laws, which Opinion of Counsel shall not be an expense of the
Securities Administrator or the Depositor and (ii) the Securities Administrator
shall

                                     G-2B-1

require a certificate from the Certificateholder desiring to effect such
transfer substantially in the form attached to the Pooling and Servicing
Agreement as Exhibit G-1 and a certificate from such Certificateholder's
prospective transferee substantially in the form attached to the Pooling and
Servicing Agreement either as Exhibit G-2A or as Exhibit G-2B, which
certificates shall not be an expense of the Securities Administrator or the
Depositor; provided that the foregoing requirements under clauses (i) and (ii)
shall not apply to a transfer of a Private Certificate between or among the
Depositor, the Seller, their affiliates or both.

     3. The Transferee understands that it may not sell or otherwise transfer
the Transferred Certificates, any security issued in exchange therefor or in
lieu thereof or any interest in the foregoing except in compliance with the
provisions of Section 6.02 of the Pooling and Servicing Agreement, which
provisions it has carefully reviewed, and that the Transferred Certificates will
bear legends substantially to the following effect:

     THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
     AS AMENDED (THE "1933 ACT"). ANY RESALE OR TRANSFER OF THIS CERTIFICATE
     WITHOUT REGISTRATION THEREOF UNDER THE 1933 ACT MAY ONLY BE MADE IN A
     TRANSACTION EXEMPTED FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND
     IN ACCORDANCE WITH THE PROVISIONS OF THE POOLING AND SERVICING AGREEMENT
     REFERENCED HEREIN.

     UNDER CURRENT LAW THE PURCHASE AND HOLDING OF THIS CERTIFICATE BY OR ON
     BEHALF OF ANY EMPLOYEE BENEFIT PLAN OR ARRANGEMENT, INCLUDING AN INDIVIDUAL
     RETIREMENT ACCOUNT, SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT
     OF 1974, AS AMENDED ("ERISA"), THE INTERNAL REVENUE CODE OF 1986, AS
     AMENDED (THE "CODE"), OR ANY FEDERAL, STATE OR LOCAL LAW ("SIMILAR LAW")
     WHICH IS SIMILAR TO ERISA OR THE CODE (COLLECTIVELY, A "PLAN"), MAY RESULT
     IN "PROHIBITED TRANSACTIONS" WITHIN THE MEANING OF ERISA, THE CODE OR
     SIMILAR LAW. TRANSFER OF THIS CERTIFICATE WILL NOT BE MADE UNLESS THE
     TRANSFEREE DELIVERS TO THE SECURITIES ADMINISTRATOR EITHER (I) A
     REPRESENTATION LETTER, IN FORM AND SUBSTANCE SATISFACTORY TO THE SECURITIES
     ADMINISTRATOR, STATING THAT (A) IT IS NOT, AND IS NOT ACTING ON BEHALF OF,
     ANY SUCH PLAN OR USING THE ASSETS OF ANY SUCH PLAN TO EFFECT SUCH PURCHASE
     OR (B) IF IT IS AN INSURANCE COMPANY, THAT THE SOURCE OF FUNDS USED TO
     PURCHASE THIS CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT" (AS
     SUCH TERM IS DEFINED IN SECTION V(E) OF PROHIBITED TRANSACTION CLASS
     EXEMPTION 95-60 ("PTE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995)), THERE
     IS NO BENEFIT PLAN WITH RESPECT TO WHICH THE AMOUNT OF SUCH GENERAL
     ACCOUNT'S RESERVES AND LIABILITIES FOR THE CONTRACT(S) HELD BY OR ON BEHALF
     OF SUCH BENEFIT PLAN AND ALL OTHER BENEFIT PLANS MAINTAINED BY THE SAME
     EMPLOYER (OR AFFILIATE THEREOF AS DEFINED IN SECTION V(A)(1) OF PTE 95-60)
     OR BY THE SAME EMPLOYEE ORGANIZATION EXCEEDS 10% OF THE TOTAL OF

                                     G-2B-2

     ALL RESERVES AND LIABILITIES OF SUCH GENERAL ACCOUNT (AS SUCH AMOUNTS ARE
     DETERMINED UNDER SECTION I(A) OF PTE 95-60) AT THE DATE OF ACQUISITION AND
     ALL PLANS THAT HAVE AN INTEREST IN SUCH GENERAL ACCOUNT ARE PLANS TO WHICH
     PTE 95-60 APPLIES, OR (II) AN OPINION OF COUNSEL, IN FORM AND SUBSTANCE
     SATISFACTORY TO THE SECURITIES ADMINISTRATOR, TO THE EFFECT THAT THE
     PURCHASE OR HOLDING OF THIS CERTIFICATE BY OR ON BEHALF OF SUCH PLAN WILL
     NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION WITHIN THE
     MEANING OF ERISA, SECTION 4975 OF THE CODE OR A VIOLATION OF SIMILAR LAW
     AND WILL NOT SUBJECT THE DEPOSITOR, THE MASTER SERVICER, THE SECURITIES
     ADMINISTRATOR OR THE TRUSTEE TO ANY OBLIGATION IN ADDITION TO THOSE
     UNDERTAKEN IN THE POOLING AND SERVICING AGREEMENT. EACH PERSON WHO ACQUIRES
     THIS CERTIFICATE OR ANY INTEREST THEREIN SHALL BE DEEMED TO HAVE MADE THE
     REPRESENTATIONS REQUIRED BY THE REPRESENTATION LETTER REFERRED TO IN THE
     PRECEDING SENTENCE UNLESS SUCH PERSON SHALL HAVE PROVIDED SUCH
     REPRESENTATION LETTER OR THE OPINION OF COUNSEL REFERRED TO IN THE
     PRECEDING SENTENCE TO THE SECURITIES ADMINISTRATOR. THE POOLING AND
     SERVICING AGREEMENT PROVIDES THAT ANY ATTEMPTED OR PURPORTED TRANSFER IN
     VIOLATION OF THESE TRANSFER RESTRICTIONS WILL BE NULL AND VOID AND WILL
     VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.

     4. Neither the Transferee nor anyone acting on its behalf has (a) offered,
transferred, pledged, sold or otherwise disposed of any Transferred Certificate,
any interest in a Transferred Certificate or any other similar security to any
person in any manner, (b) solicited any offer to buy or accept a transfer,
pledge or other disposition of any Transferred Certificate, any interest in a
Transferred Certificate or any other similar security from any person in any
manner, (c) otherwise approached or negotiated with respect to any Transferred
Certificate, any interest in a Transferred Certificate or any other similar
security with any person in any manner, (d) made any general solicitation by
means of general advertising or in any other manner, or (e) taken any other
action, that (in the case of any of the acts described in clauses (a) through
(d) above) would constitute a distribution of the Transferred Certificates under
the 1933 Act, would render the disposition of the Transferred Certificates a
violation of Section 5 of the 1933 Act or any state securities law or would
require registration or qualification of the Transferred Certificates pursuant
thereto. The Transferee will not act, nor has it authorized nor will it
authorize any person to act, in any manner set forth in the foregoing sentence
with respect to the Transferred Certificates, any interest in the Transferred
Certificates or any other similar security.

     5. The Transferee has been furnished with all information regarding (a) the
Depositor, (b) the Transferred Certificates and distributions thereon, (c)
nature, performance and servicing of the Mortgage Loans, (d) the Pooling and
Servicing Agreement and the Trust created pursuant thereto, (e) any credit
enhancement mechanism associated with the Transferred Certificates, and (f) all
related matters, that it has requested.

     6. The Transferee is an "accredited investor" within the meaning of
paragraph (1), (2), (3) or (7) of Rule 501 (a) under the 1933 Act or an entity
in which all the equity owners

                                     G-2B-3

come within such paragraphs and has such knowledge and experience in financial
and business matters as to be capable of evaluating the merits and risks of an
investment in the Transferred Certificates; the Transferee has sought such
accounting, legal and tax advice as it has considered necessary to make an
informed investment decision; and the Transferee is able to bear the economic
risks of such an investment and can afford a complete loss of such investment.

     7. If the Transferee proposes that the Transferred Certificates be
registered in the name of a nominee, such nominee has completed the Nominee
Acknowledgment below.

                                        Very truly yours,

                                        ----------------------------------------
                                        (Transferee)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------
                                        Date:
                                              ----------------------------------

                                     G-2B-4

                             Nominee Acknowledgment

The undersigned hereby acknowledges and agrees that as to the Transferred
Certificates being registered in its name, the sole beneficial owner thereof is
and shall be the Transferee identified above, for whom the undersigned is acting
as nominee.

                                        ----------------------------------------
                                        (Nominee)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                     G-2B-5

                                    EXHIBIT H

                    FORM OF TRANSFEREE REPRESENTATION LETTER
                        FOR ERISA RESTRICTED CERTIFICATES

Wells Fargo Bank, N.A.
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479-0113
Attention: Corporate Trust Services - BAFC 2006-6

     Re:     Banc of America Funding Corporation, Mortgage Pass-Through
             Certificates, Series 2006-6, Class ___, having an initial aggregate
             Certificate Principal Balance as of September 28, 2006 of
             $_________

Ladies and Gentlemen:

     This letter is delivered to you in connection with the transfer by
[_______________________] (the "Transferor") to [______________________________]
(the "Transferee") of the captioned Certificates (the "Transferred
Certificates"), pursuant to Section 6.02 of the Pooling and Servicing Agreement
(the "Pooling and Servicing Agreement"), dated September 28, 2006, among Banc of
America Funding Corporation, as Depositor, Wells Fargo Bank, N.A., CitiMortgage,
Inc., as Master Servicer, and U.S. Bank National Association, as Trustee. All
capitalized terms used herein and not otherwise defined shall have the
respective meanings set forth in the Pooling and Servicing Agreement.

     The Transferee hereby certifies, represents and warrants to you, as
Securities Administrator, either that:

     (a) it is not, and is not acting on behalf of, an employee benefit plan or
arrangement, including an individual retirement account, subject to the Employee
Retirement Income Security Act of 1974, as amended ("ERISA"), the Internal
Revenue Code of 1986, as amended (the "Code"), or any federal, state or local
law ("Similar Law") which is similar to ERISA or the Code (collectively, a
"Plan"), and it is not using the assets of any such Plan to effect the purchase
of the Transferred Certificates; or

     (b) with respect to any ERISA Restricted Certificates (other than the Class
1-A-R Certificates), it is an insurance company and the source of funds used to
purchase the Transferred Certificates is an "insurance company general account"
(as defined in Section V(e) of Prohibited Transaction Class Exemption 95-60
("PTE 95-60"), 60 Fed. Reg. 35925 (July 12, 1995)), there is no Plan with
respect to which the amount of such general account's reserves and liabilities
for the contract(s) held by or on behalf of such Plan and all other Plans
maintained by the same employer (or affiliate thereof as defined in Section
V(a)(1) of PTE 95-60) or by the same employee organization exceeds 10% of the
total of all reserves and liabilities of such general account (as such amounts
are determined under Section I(a) of PTE 95-60) at the date of acquisition and
all Plans that have an interest in such general account are Plans to which PTE
95-60 applies.

                                       H-1

     Capitalized terms used in and not otherwise defined herein shall have the
meaning assigned to them in the Pooling and Servicing Agreement.

                                        Very truly yours,

                                        ----------------------------------------
                                        (Transferee)

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------
                                        Date:
                                              ----------------------------------

                                       H-2

                                    EXHIBIT I

                     FORM OF AFFIDAVIT REGARDING TRANSFER OF
                              RESIDUAL CERTIFICATE

                       Banc of America Funding Corporation
                       Mortgage Pass-Through Certificates,
                                  Series 2006-6

STATE OF      )
              ) ss:
COUNTY OF     )

     The undersigned, being first duly sworn, deposes and says as follows:

     1. The undersigned is an officer of _______________________________, the
proposed transferee (the "Transferee") of the Class 1-A-R Certificate (the
"Residual Certificate") issued pursuant to the Pooling and Servicing Agreement,
dated September 28, 2006, among Banc of America Funding Corporation, as
Depositor, Wells Fargo Bank, N.A., as Securities Administrator, CitiMortgage,
Inc., as Master Servicer, and U.S. Bank National Association, as Trustee.
Capitalized terms used but not defined herein shall have the meanings ascribed
to such terms in the Agreement. The Transferee has authorized the undersigned to
make this affidavit on behalf of the Transferee.

     2. The Transferee is, as of the date hereof, and will be, as of the date of
the transfer, a Permitted Transferee. The Transferee is acquiring the Residual
Certificate either (i) for its own account or (ii) as nominee, trustee or agent
for another Person who is a Permitted Transferee and has attached hereto an
affidavit from such Person in substantially the same form as this affidavit. The
Transferee has no knowledge that any such affidavit is false.

     3. The Transferee has been advised of, and understands that (i) a tax will
be imposed on Transfers of the Residual Certificate to Persons that are not
Permitted Transferees; (ii) such tax will be imposed on the transferor, or, if
such transfer is through an agent (which includes a broker, nominee or
middleman) for a Person that is not a Permitted Transferee, on the agent; and
(iii) the Person otherwise liable for the tax shall be relieved of liability for
the tax if the subsequent Transferee furnished to such Person an affidavit that
such subsequent Transferee is a Permitted Transferee and, at the time of
transfer, such Person does not have actual knowledge that the affidavit is
false.

     4. The Transferee has been advised of, and understands that a tax will be
imposed on a "pass-through entity" holding the Certificate if at any time during
the taxable year of the pass-through entity a Person that is not a Permitted
Transferee is the record Holder of an interest in such entity. The Transferee
understands that, other than in the case of an "electing large partnership"
under Section 775 of the Code, such tax will not be imposed for any period with
respect to which the record Holder furnishes to the pass-through entity an
affidavit that such record Holder is a Permitted Transferee and the pass-through
entity does not have actual knowledge that such affidavit is false. (For this
purpose, a "pass-through entity" includes a

                                       I-1

regulated investment company, a real estate investment trust or common trust
fund, a partnership, trust or estate, and certain cooperatives and, except as
may be provided in Treasury Regulations, persons holding interests in
pass-through entities as a nominee for another Person.)

     5. The Transferee has reviewed the provisions of Section 6.02 of the
Agreement and understands the legal consequences of the acquisition of the
Residual Certificate including, without limitation, the restrictions on
subsequent Transfers and the provisions regarding voiding the transfer and
mandatory sales. The Transferee expressly agrees to be bound by and to abide by
the provisions of Section 6.02 of the Agreement and the restrictions noted on
the face of the Certificate. The Transferee understands and agrees that any
breach of any of the representations included herein shall render the transfer
to the Transferee contemplated hereby null and void.

     6. The Transferee agrees to require a transfer affidavit in the form of
this Affidavit from any Person to whom the Transferee attempts to transfer the
Residual Certificate, and in connection with any transfer by a Person for whom
the Transferee is acting as nominee, trustee or agent, and the Transferee will
not transfer the Residual Certificate or cause the Residual Certificate to be
transferred to any Person that the Transferee knows is not a Permitted
Transferee.

     7. The Transferee historically has paid its debts as they have become due,
and it intends to do so in the future.

     8. The Transferee does not have the intention to impede the assessment or
collection of any tax legally required to be paid with respect to the Residual
Certificate.

     9. The taxpayer identification number of the Transferee's nominee is
___________.

     10. The Transferee is a (i) U.S. Person as defined in Code Section
7701(a)(30) or (ii) (A) the Transferee holds the Residual Certificate in
connection with the conduct of a trade or business within the United States and
has furnished the transferor and the Securities Administrator with an effective
Internal Revenue Service Form W-8ECI (or successor thereto) or (B) the
Transferee has delivered to both the transferor and the Securities Administrator
an Opinion of Counsel from a nationally-recognized tax counsel to the effect
that such transfer is in accordance with the requirements of the Code and the
regulations promulgated thereunder and that such transfer of the Residual
Certificate will not be disregarded for federal income tax purposes..

     11. The Transferee is aware that the Residual Certificate may be a
"noneconomic residual interest" within the meaning of Treasury Regulations
promulgated pursuant to the Code and that the transferor of a noneconomic
residual interest will remain liable for any taxes due with respect to the
income on such residual interest, unless no significant purpose of the transfer
was to impede the assessment or collection of tax.

     12. The Transferee will not cause income from the Residual Certificate to
be attributable to a foreign permanent establishment or fixed base, within the
meaning of an applicable income tax treaty, of the Transferee or any other U.S.
Person.

                                       I-2

     13. If the Transferee is purchasing the Residual Certificate in a transfer
intended to meet the safe harbor provisions of Treasury Regulations Sections
1.860E-1(c), the Transferee has executed and attached Attachment A hereto.

     14. The Transferee is not an employee benefit plan or arrangement,
including an individual retirement account, subject to ERISA, the Code or any
federal, state or local law which is similar to ERISA or the Code, and the
Transferee is not acting on behalf of, or investing assets of, such a plan or
arrangement or using assets of such plan or arrangement.

     15. The Transferee understands that it may incur tax liabilities with
respect to the Residual Certificate in excess of cash flows generated thereby.

     16. The Transferee intends to pay taxes associated with holding the
Residual Certificate as such taxes become due.

                                      * * *

                                       I-3

     IN WITNESS WHEREOF, the Transferee has caused this instrument to be
executed on its behalf, pursuant to authority of its Board of Directors, by its
duly authorized officer this _____ day of ________________, ____.

                                        ----------------------------------------
                                        Print Name of Transferee

                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:

     Personally appeared before me the above-named ____________________________,
known or proved to me to be the same person who executed the foregoing
instrument and to be the _______________________ of the Transferee, and
acknowledged that he executed the same as his free act and deed and the free act
and deed of the Transferee.

     Subscribed and sworn before me this _____ day of _______________________,
____

                                        ----------------------------------------
                                                       NOTARY PUBLIC

                                        My Commission expires the ____ day of
                                        ______________, ____

                                       I-4

                                  ATTACHMENT A

                                       to

 AFFIDAVIT PURSUANT TO SECTION 860E(e)(4) OF THE INTERNAL REVENUE CODE OF 1986,
                     AS AMENDED, AND FOR NON-ERISA INVESTORS

Check the appropriate box:

     The consideration paid to the Transferee to acquire the Residual
     Certificate equals or exceeds the excess of (a) the present value of the
     anticipated tax liabilities over (b) the present value of the anticipated
     savings associated with holding such Residual Certificate, in each case
     calculated in accordance with U.S. Treasury Regulations Sections
     1.860E-1(c)(7) and (8), computing present values using a discount rate
     equal to the short-term Federal rate prescribed by Section 1274(d) of the
     Code and the compounding period used by the Transferee.

                                       OR

     The transfer of the Residual Certificate complies with U.S. Treasury
     Regulations Sections 1.860E-1(c)(5) and (6) and, accordingly:

     (i)   the Transferee is an "eligible corporation," as defined in U.S.
           Treasury Regulations Section 1.860E-1(c)(6)(i), as to which income
           from Residual Certificate will only be taxed in the United States;

     (ii)  at the time of the transfer, and at the close of the Transferee's two
           fiscal years preceding the year of the transfer, the Transferee had
           gross assets for financial reporting purposes (excluding any
           obligation of a person related to the Transferee within the meaning
           of U.S. Treasury Regulations Section 1.860E-1(c)(6)(ii)) in excess of
           $100 million and net assets in excess of $10 million;

     (iii) the Transferee will transfer the Residual Certificate only to another
           "eligible corporation," as defined in U.S. Treasury Regulations
           Section 1.860E-1(c)(6)(i), in a transaction that satisfies the
           requirements of Sections 1.860E-1(c)(4)(i), (ii) and (iii) and
           Section 1.860E-1(c)(5) of the U.S. Treasury Regulations;

     (iv)  the Transferee has determined the consideration paid to it to acquire
           the Residual Certificate based on reasonable market assumptions
           (including, but not limited to, borrowing and investment rates,
           prepayment and loss assumptions, expense and reinvestment
           assumptions, tax rates and other factors specific to the Transferee)
           that it has determined in good faith; and

     (v)   in the event of any transfer of the Residual Certificate by the
           Transferee, the Transferee will require its transferee to complete a
           representation in the form of this Attachment A as a condition of
           such transferee's purchase of the Residual Certificate.

                                       I-5

                                    EXHIBIT J

                           LIST OF RECORDATION STATES

                                     Florida

                                    Maryland

                                       J-1

                                    EXHIBIT K

           FORM OF INITIAL CERTIFICATION OF THE [TRUSTEE] [CUSTODIAN]

                               September 28, 2006

Banc of America Funding Corporation
214 North Tryon Street
Charlotte, North Carolina 28255

CitiMortgage, Inc.
4000 Regent Blvd., Third Floor
Irving, Texas 75063
Attention: Corporate Trust Services - BAFC 2006-6

     Re:  The Pooling and Servicing Agreement, dated September 28, 2006 (the
          "Pooling and Servicing Agreement"), among the Depositor, CitiMortgage,
          Inc., as Master Servicer, Wells Fargo Bank, N.A., as Securities
          Administrator, and U.S. Bank National Association, as trustee.

Ladies and Gentlemen:

     In accordance with the provisions of Section 2.02 of the above-referenced
Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), the
undersigned, as [Trustee] [Custodian], hereby certifies that, except as
specified in any list of exceptions attached hereto, it has received the
original Mortgage Note relating to each of the Mortgage Loans listed on the
Mortgage Loan Schedule.

     The [Trustee] [Custodian] has made no independent examination of any
documents contained in each Mortgage File beyond the review specifically
required in the Pooling and Servicing Agreement in connection with this Initial
Certification. The [Trustee] [Custodian] makes no representations as to: (i) the
validity, legality, sufficiency, enforceability, recordability or genuineness of
any of the documents contained in each Mortgage File or any of the Mortgage
Loans identified in the Mortgage Loan Schedule or (ii) the collectibility,
insurability, effectiveness or suitability of any such Mortgage Loan.

                                       K-1

     Capitalized terms used but not defined herein shall have the meanings
ascribed to such terms in the Pooling and Servicing Agreement.

                                        [U.S.BANK NATIONAL ASSOCIATION,
                                        as Trustee]

                                        [______________________,
                                         as Custodian]

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                       K-2

                                    EXHIBIT L

            FORM OF FINAL CERTIFICATION OF THE [TRUSTEE] [CUSTODIAN]

                              [__________ __, ____]

Banc of America Funding Corporation
214 North Tryon Street
Charlotte, North Carolina 28255

CitiMortgage, Inc.
4000 Regent Blvd., Third Floor
Irving, Texas 75063
Attention: Corporate Trust Services - BAFC 2006-6

     Re:  The Pooling and Servicing Agreement, dated September 28, 2006 (the
          "Pooling and Servicing Agreement"), among the Depositor, CitiMortgage,
          Inc., as Master Servicer, Wells Fargo Bank, N.A., as Securities
          Administrator, and U.S. Bank National Association, as trustee.

Ladies and Gentlemen:

     In accordance with the provisions of Section 2.02 of the above-referenced
Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), the
undersigned, as [Trustee] [Custodian], hereby certifies that, as to each
Mortgage Loan listed in the Mortgage Loan Schedule, except as may be specified
in any list of exceptions attached hereto, such Mortgage File contains all of
the items required to be delivered pursuant to Section 2.01(b) of the Pooling
and Servicing Agreement.

     The [Trustee] [Custodian] has made no independent examination of any
documents contained in each Mortgage File beyond the review specifically
required in the Pooling and Servicing Agreement in connection with this Final
Certification. The [Trustee] [Custodian] makes no representations as to: (i) the
validity, legality, sufficiency, enforceability, recordability or genuineness of
any of the documents contained in each Mortgage File or any of the Mortgage
Loans identified in the Mortgage Loan Schedule or (ii) the collectibility,
insurability, effectiveness or suitability of any such Mortgage Loan.

                                       L-1

     Capitalized terms used but not defined herein shall have the meanings
ascribed to such terms in the Pooling and Servicing Agreement.

                                         [U.S. BANK NATIONAL ASSOCIATION,
                                         as Trustee]

                                         [__________________________,
                                         as Custodian]

                                         By:
                                             -----------------------------------
                                         Name:
                                               ---------------------------------
                                         Title:
                                                --------------------------------

                                       L-2

                                    EXHIBIT M

                      Form of Sarbanes-Oxley Certification

                       Banc of America Funding Corporation
                       Mortgage Pass-Through Certificates,
                                  Series 2006-6

     I, [________], a [_____________] of CitiMortgage, Inc. (the "Master
Servicer"), certify that:

1.   I have reviewed this report on Form 10-K and all reports on Form 10-D
     required to be filed in respect of the period covered by this report on
     Form 10-K of the Banc of America Funding 2006-6 Trust (the "Exchange Act
     Periodic Reports");

2.   Based on my knowledge, the Exchange Act Periodic Reports, taken as a whole,
     do not contain any untrue statement of a material fact or omit to state a
     material fact necessary to make the statements made, in light of the
     circumstances under which such statements were made, not misleading with
     respect to the period covered by this report;

3.   Based on my knowledge, all of the distribution, servicing and other
     information required to be provided under Form 10-D for the period covered
     by this report is included in the Exchange Act Periodic Reports;

4.   I am responsible for reviewing the activities performed by the servicers
     and based on my knowledge and the compliance reviews conducted in preparing
     the servicer compliance statements required in this report under Item 1123
     of Regulation AB, and except as disclosed in the Exchange Act Periodic
     Reports, the servicers have fulfilled their obligations under the pooling
     and servicing agreement, dated September 28, 2006, among Banc of America
     Funding Corporation, as depositor, CitiMortgage, Inc., as master servicer,
     Wells Fargo Bank, N.A. as securities administrator, and U.S. Bank National
     Association, as trustee; and

5.   All of the reports on assessment of compliance with the servicing criteria
     for asset-backed securities and their related attestation reports on
     assessment of compliance with servicing criteria for asset-backed
     securities required to be included in this report in accordance with Item
     1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d- 18 have been
     included as an exhibit to this report, except as otherwise disclosed in
     this report. Any material instances of noncompliance described in such
     reports have been disclosed in this report on Form 10-K.

In giving the certifications above, I have reasonably relied on information
provided to me by the following unaffiliated parties: Bank of America, National
Association, JPMorgan Chase Bank, National Association, SunTrust Mortgage, Inc.,
U.S. Bank National Association, Washington Mutual Bank and Wells Fargo Bank,
N.A.

                                         [_________], 20[__]

                                       M-1

                                    EXHIBIT N

                          FORM OF BACK-UP CERTIFICATION

                       Banc of America Funding Corporation
                Mortgage Pass-Through Certificates, Series 2006-6

          I, _________________, the ____________ of Wells Fargo Bank, N.A.
(the "Securities Administrator"), certify to CitiMortgage, Inc. (the "Master
Servicer") and its officers, with the knowledge and intent that they will rely
upon this certification, that:

     1. I have reviewed the annual report on Form 10-K for the calendar year
[___] and the Monthly Form 10-D's containing the Distribution Date Statements
filed in respect of periods included in the year covered by such annual report;

     2. Based on my knowledge, the distribution information in the Distribution
Date Statements contained in the Monthly Form 10-D's included in the year
covered by the annual report on Form 10-K for the calendar year [___], taken as
a whole, does not contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading as of the
last day of the period covered by that annual report; and

     3. Based on my knowledge, the distribution, servicing or other information
required to be provided to the Securities Administrator by the Master Servicer
under the Pooling and Servicing Agreement, dated September 28, 2006, among Banc
of America Funding Corporation, as depositor, CitiMortgage, Inc., as master
servicer, Wells Fargo Bank, N.A., as securities administrator, and U.S. Bank
National Association, as trustee, for inclusion in these reports is included in
these reports.

[________], 200[ ]

                                         WELLS FARGO BANK, N.A.
                                            as Securities Administrator

                                         By:
                                             -----------------------------------
                                             Name:
                                             Title:

                                       N-1

                                    EXHIBIT O

                            PLANNED BALANCE SCHEDULES

DISTRIBUTION DATE                                               PAC CERTIFICATES
-----------------                                               ----------------
Initial Balance..............................................    $118,483,000.00
October 25, 2006.............................................     118,023,693.63
November 25, 2006............................................     117,510,757.14
December 25, 2006............................................     116,944,446.48
January 25, 2007.............................................     116,324,987.23
February 25, 2007............................................     115,652,639.26
March 25, 2007...............................................     114,927,696.57
April 25, 2007...............................................     114,150,487.15
May 25, 2007.................................................     113,321,372.77
June 25, 2007................................................     112,440,748.76
July 25, 2007................................................     111,509,043.70
August 25, 2007..............................................     110,526,719.15
September 25, 2007...........................................     109,494,269.27
October 25, 2007.............................................     108,412,220.49
November 25, 2007............................................     107,281,131.01
December 25, 2007............................................     106,101,590.44
January 25, 2008.............................................     104,874,219.25
February 25, 2008............................................     103,599,668.27
March 25, 2008...............................................     102,278,618.15
April 25, 2008...............................................     100,911,778.75
May 25, 2008.................................................      99,499,888.53
June 25, 2008................................................      98,043,713.90
July 25, 2008................................................      96,544,048.56
August 25, 2008..............................................      95,001,712.74
September 25, 2008...........................................      93,417,552.50
October 25, 2008.............................................      91,792,496.27
November 25, 2008............................................      90,158,064.13
December 25, 2008............................................      88,534,485.23
January 25, 2009.............................................      86,921,689.54
February 25, 2009............................................      85,319,607.53
March 25, 2009...............................................      83,728,170.09
April 25, 2009...............................................      82,147,308.59
May 25, 2009.................................................      80,576,954.80
June 25, 2009................................................      79,017,041.00
July 25, 2009................................................      77,467,499.85
August 25, 2009..............................................      75,928,264.49
September 25, 2009...........................................      74,399,268.48
October 25, 2009.............................................      72,880,445.81
November 25, 2009............................................      71,371,730.90
December 25, 2009............................................      69,873,058.62
January 25, 2010.............................................      68,384,364.23
February 25, 2010............................................      66,905,583.44
March 25, 2010...............................................      65,436,652.36
April 25, 2010...............................................      63,977,507.53
May 25, 2010.................................................      62,528,085.90
June 25, 2010................................................      61,088,324.83
July 25, 2010................................................      59,658,162.09
August 25, 2010..............................................      58,237,535.85

                                       O-1

DISTRIBUTION DATE                                               PAC CERTIFICATES
-----------------                                               ----------------
September 25, 2010...........................................      56,826,384.70
October 25, 2010.............................................      55,424,647.60
November 25, 2010............................................      54,032,263.95
December 25, 2010............................................     $52,649,173.51
January 25, 2011.............................................      51,275,316.45
February 25, 2011............................................      49,910,633.32
March 25, 2011...............................................      48,555,065.08
April 25, 2011...............................................      47,208,553.04
May 25, 2011.................................................      45,871,038.94
June 25, 2011................................................      44,542,464.85
July 25, 2011................................................      43,222,773.26
August 25, 2011..............................................      41,911,907.00
September 25, 2011...........................................      40,609,809.31
October 25, 2011.............................................      39,390,537.18
November 25, 2011............................................      38,179,773.56
December 25, 2011............................................      36,977,462.98
January 25, 2012.............................................      35,783,550.34
February 25, 2012............................................      34,597,980.89
March 25, 2012...............................................      33,420,700.24
April 25, 2012...............................................      32,251,654.35
May 25, 2012.................................................      31,090,789.54
June 25, 2012................................................      29,938,052.49
July 25, 2012................................................      28,793,390.21
August 25, 2012..............................................      27,656,750.08
September 25, 2012...........................................      26,528,079.80
October 25, 2012.............................................      25,431,517.45
November 25, 2012............................................      24,342,703.03
December 25, 2012............................................      23,261,585.59
January 25, 2013.............................................      22,188,114.53
February 25, 2013............................................      21,122,239.56
March 25, 2013...............................................      20,063,910.75
April 25, 2013...............................................      19,013,078.46
May 25, 2013.................................................      17,969,693.42
June 25, 2013................................................      16,933,706.64
July 25, 2013................................................      15,905,069.49
August 25, 2013..............................................      14,895,647.57
September 25, 2013...........................................      13,907,655.52
October 25, 2013.............................................      13,050,083.34
November 25, 2013............................................      12,211,041.81
December 25, 2013............................................      11,390,161.92
January 25, 2014.............................................      10,587,081.69
February 25, 2014............................................       9,801,446.04
March 25, 2014...............................................       9,032,906.68
April 25, 2014...............................................       8,281,121.96
May 25, 2014.................................................       7,545,756.76
June 25, 2014................................................       6,826,482.37
July 25, 2014................................................       6,122,976.35
August 25, 2014..............................................       5,434,922.46
September 25, 2014...........................................       4,762,010.48
October 25, 2014.............................................       4,199,442.66
November 25, 2014............................................       3,648,870.65
December 25, 2014............................................       3,110,051.38
January 25, 2015.............................................       2,582,746.49
February 25, 2015............................................       2,066,722.33
March 25, 2015...............................................       1,561,749.81

                                       O-2

DISTRIBUTION DATE                                               PAC CERTIFICATES
-----------------                                               ----------------
April 25, 2015...............................................       1,067,604.32
May 25, 2015.................................................         584,065.70
June 25, 2015................................................         110,918.07
July 25, 2015................................................                 --

                                       O-3

                                    EXHIBIT P

                     CLASS 3-A-1 YIELD MAINTENANCE AGREEMENT

BANK OF AMERICA, N.A.

     TO: Wells Fargo Bank, N.A. as Securities Administrator on behalf of Banc of
     America Funding 2006-6 Trust

      9062 Old Annapolis Road
      Columbia, MD 21045
      Attn: Chris Regnier
      Tel: 410-884-2000
      Fax: 410-715-2380

CC:   Eric Daouphars
      9 West 57th Street
      New York, NY 10019
      212-583-8199

FROM: Bank of America, National Association
      233 South Wacker Drive, 28th Floor
      Chicago, Illinois 60606
      Attention: Suzanne Buchta

DATE: 21 September 2006

Our Reference Numbers: 4807868 4807869
Internal Tracking Numbers: 13262525 13262526

Dear Sir/Madam,

     The purpose of this letter agreement is to confirm the terms and conditions
of the transaction entered into between Banc of America Funding 2006-6 Trust and
Bank of America, N.A., a national banking association organized under the laws
of the United States of America (each a "party" and together "the parties") on
the Trade Date specified below (the "Transaction"). This letter agreement
constitutes a "Confirmation" as referred to in the ISDA Master Agreement
specified in paragraph 1 below. In this Confirmation, "Party A" means Bank of
America, N.A., and "Party B" means Banc of America Funding 2006-6 Trust.

     The definitions and provisions contained in the 2000 ISDA Definitions, as
published by the International Swaps and Derivatives Association, Inc. (the
"Definitions"), are incorporated into this Confirmation. In the event of any
inconsistency between the Definitions and this Confirmation, this Confirmation
will govern.

     Other capitalized terms used herein (but not otherwise defined) shall have
the meaning specified in that certain Pooling and Servicing Agreement, to be
dated September 28, 2006 (the "Pooling and

                                       P-1

Servicing Agreement"), among Banc of America Funding Corporation, Wells Fargo
Bank, N.A., as securities administrator, CitiMortgage, Inc., as master servicer,
and U.S. Bank, National Association, as trustee.

1. This Confirmation evidences a complete binding agreement between the parties
as to the terms of the Transaction to which this Confirmation relates. In
addition, the parties agree that for the purposes of this Transaction, this
Confirmation will supplement, form a part of, and be subject to an agreement in
the form of the 1992 ISDA Master Agreement (Multicurrency-Cross Border) as if
the parties had executed an agreement in such form (but without any Schedule
except for the elections noted below) on the Trade Date of the Transaction (such
agreement, the "Form Master Agreement"). In the event of any inconsistency
between the provisions of the Form Master Agreement and this Confirmation, this
Confirmation will prevail for the purpose of this Transaction.

     Subject to Section 16(f) hereof, each party represents to the other party
and will be deemed to represent to the other party on the date on which it
enters into this Transaction that (absent a written agreement between the
parties that expressly imposes affirmative obligations to the contrary for that
Transaction):

     (a) NON-RELIANCE. Each party has made its own independent decisions to
enter into this Transaction and as to whether this Transaction is appropriate or
proper for it based upon its own judgment and upon advice from such advisors as
it has deemed necessary. It is not relying on any communication (written or
oral) of the other party as investment advice or as a recommendation to enter
into this Transaction; it being understood that information and explanations
related to the terms and conditions of this Transaction shall not be considered
investment advice or a recommendation to enter into this Transaction. Further,
such party has not received from the other party any assurance or guarantee as
to the expected results of this Transaction.

     (b) EVALUATION AND UNDERSTANDING. It is capable of evaluating and
understanding (on its own behalf or through independent professional advice),
and understands and accepts, the terms, conditions and risks of this
Transaction. It is also capable of assuming, and assumes, the financial and
other risks of this Transaction.

     (c) STATUS OF PARTIES. The other party is not acting as an agent, fiduciary
or advisor for it in respect of this Transaction.

2. The terms of the particular Transaction to which this Confirmation relates
are as follows:

     Notional Amount:              For each Calculation Period, the Notional
                                   Amount shall equal the lesser of:

                                        (i) the Scheduled Notional Amount for
                                        such Calculation Period as detailed in
                                        the Schedule of the Notional Amounts
                                        attached hereto; and

                                        (ii) the Class Certificate Balance of
                                        the Class 3-A-1 Certificates prior to
                                        distributions on the Distribution Date
                                        (as defined in the Pooling and Servicing
                                        Agreement) related to the Calculation
                                        Period. The Securities Administrator
                                        shall make

                                       P-2

                                        available each month via its website a
                                        statement containing the Class
                                        Certificate Balance of the Class 3-A-1
                                        Certificates for such Calculation
                                        Period. The Securities Administrator's
                                        internet website shall initially be
                                        located at www.ctslink.com and
                                        assistance in using the website can be
                                        obtained by calling the Securities
                                        Administrator's investor relations desk
                                        at (301) 815-6600.

        Trade Date:                18 September 2006

        Effective Date:            25 September 2006

        Termination Date:          25 March 2013

     FIXED AMOUNT:

        Fixed Rate Payer:          Party B

        Fixed Rate Payer Payment
        Date:                      29 September 2006, subject to adjustment in
                                   accordance with the Following Business Day
                                   Convention.

        Fixed Amount:              USD [_____]

     FLOATING AMOUNT:

        Floating Rate Payer:       Party A

        Strike Rate:               5.40000per cent

        Ceiling Rate:              8.90000per cent

        Floating Rate Payer
        Payment Dates:             Early Payments shall be applicable - 2
                                   Business Days prior to each Floating Rate
                                   Payer Period End Date

        Floating Rate Payer
        Period End Dates:          The 25th of each Month, commencing on 25
                                   October 2006 and ending on the Termination
                                   Date. No Adjustment.

                                       P-3

        Floating Amount:           The product of (a) the Notional Amount, (b)
                                   Floating Rate Day Count Fraction and (c) the
                                   Settlement Spread which shall be calculated
                                   in accordance with the following formula:

                                   If USD-LIBOR-BBA is greater than the Strike
                                   Rate for the applicable Calculation Period,
                                   then Settlement Spread = (USD-LIBOR-BBA -
                                   applicable Strike Rate) provided, however,
                                   that if USD-LIBOR-BBA for any Calculation
                                   Period is greater than the Ceiling Rate then
                                   the USD-LIBOR-BBA for such Calculation Period
                                   shall be deemed to be the Ceiling Rate.

                                   If 1 Month USD-LIBOR-BBA is less than or
                                   equal to the Strike Rate for the applicable
                                   Calculation Period, then Settlement Spread =
                                   Zero.

        Floating Rate for
        initial Calculation
        Period:                    TO BE SET

        Floating Rate Option:      USD-LIBOR-BBA

        Designated Maturity:       1 Month

        Spread:                    None

        Floating Rate Day Count
        Fraction:                  30/360

        Averaging:                 Inapplicable

        Reset Dates:               First day of each Calculation Period

        Business Days:             New York

        Calculation Agent:         Party A

3. FORM MASTER AGREEMENT. FOR PURPOSES OF THE FORM MASTER AGREEMENT:

     (a) "Specified Entity" means, in relation to Party A, for the purpose of
Section 5(a)(v), Section 5(a)(vi), Section 5(a)(vii) and Section 5(b)(iv): Not
Applicable.

     (b) "Specified Entity" means, in relation to Party B, for the purpose of
Section 5(a)(v), Section 5(a)(vi), Section 5(a)(vii) and Section 5(b)(iv): Not
Applicable.

     (c) "Specified Transaction" will have the meaning specified in Section 14.

     (d) The "Credit Event Upon Merger" provisions of Section 5(b)(iv) of the
Form Master Agreement will not apply to Party A or to Party B.

                                       P-4

     (e) The "Automatic Early Termination" provision of Section 6(a) of the Form
Master Agreement will not apply to Party A or to Party B.

     (f) The Form Master Agreement will be governed by, and construed in
accordance with, the laws of the State of New York without reference to its
conflict of laws provisions (except for Sections 5-1401 and 5-1402 of the New
York General Obligations Law).

     (g) The phrase "Termination Currency" means United States Dollars.

     (h) For the purpose of Section 6(e) of the Form Master Agreement, Market
Quotation and Second Method will apply.

4.   RECORDING OF CONVERSATIONS.

     Each party to this Transaction acknowledges and agrees to the tape (and/or
other electronic) recording of conversations between the parties to this
Transaction whether by one or other or both of the parties or their agents, and
that any such recordings may be submitted in evidence in any Proceedings
relating to the Form Master Agreement and/or this Transaction.

5.   CREDIT SUPPORT DOCUMENT.

     In relation to Party A: Not Applicable.
     In relation to Party B: Not Applicable.

6.   CREDIT SUPPORT PROVIDER.

     In relation to Party A: Not Applicable.
     In relation to Party B: Not Applicable.

7.   ACCOUNT DETAILS.

     Party A:
     Name:    Bank of America, N.A. - New York
     ABA #:   026009593
     Attn:    BOFAUS3N
     Name:    Bank of America, N.A.
     City:    Charlotte
     Acct#:   6550219386
     Attn:    Rate Derivative Settlements
     Attn:    BOFAUS6SGDS

     Party B:
     Wells Fargo Bank, N.A.
     San Francisco, CA
     121-000-248
     Acct. # 3970771416
     Acct. Name: SAS Clearing
     F/F/C: Reserve Fund: 50951601

                                       P-5

8.   OFFICES.

     The Office of Party A for this Transaction is:   Charlotte, North Carolina
                                                      Please send notices to
                                                      fax no. 1-866-255-1444.

     The Office of Party B for this Transaction is:

                                            Wells Fargo Bank, N.A. as Securities
                                            Administrator on behalf of Banc of
                                            America Funding 2006-6 Trust
                                            9062 Old Annapolis Road
                                            Columbia, MD 21045
                                            Attn: Client Manager BAFC -2006-6

9.   ADDITIONAL PROVISIONS.

     (a) Fully-Paid Transactions. Notwithstanding the terms of Sections 5 and 6
of the Form Master Agreement, if at any time and so long as one of the parties
to the Form Master Agreement ("X") shall have satisfied in full all its payment
and delivery obligations under Section 2(a)(i) of the Form Master Agreement and
shall at the time have no future payment or delivery obligations, whether
absolute or contingent, under such Section, then unless the other party ("Y") is
required pursuant to appropriate proceedings to return to X or otherwise returns
to X (upon demand of X, or otherwise) any portion of any such payment or
delivery: (i) the occurrence of an event described in Section 5(a)(i) of the
Form Master Agreement with respect to X shall not constitute an Event of Default
or a Potential Event of Default with respect to X as the Defaulting Party; and
(ii) Y shall be entitled to designate an Early Termination Date (a) pursuant to
Section 10 below and/or (b) pursuant to Section 6 of the Form Master Agreement
only as a result of the occurrence of a Termination Event set forth in (i)
either Section 5(b)(i) or 5(b)(ii) or 5(b)(v) of the Form Master Agreement with
respect to Y as the Affected Party or (ii) Section 5(b)(iii) of the Form Master
Agreement with respect to Y as the Burdened Party.

     (b) Downgrade of Party A. If a Ratings Event (as defined below) shall occur
and be continuing with respect to Party A, then Party A shall (A) within 5
Business Days of such Ratings Event, give notice to Party B of the occurrence of
such Ratings Event, and (B) use reasonable efforts to transfer (at its own cost)
Party A's rights and obligations hereunder to another party, subject to
satisfaction of the Rating Agency Condition (as defined below). Unless such a
transfer by Party A has occurred within 20 Business Days after the occurrence of
a Ratings Event, Party B shall demand that Party A post Eligible Collateral (as
designated in the approved Credit Support Annex), to secure Party B's exposure
or potential exposure to Party A, and such Eligible Collateral shall be provided
in accordance with a Credit Support Annex to be attached hereto and made a part
hereof within 10 Business Days of Party B's demand therefor. The Eligible
Collateral to be posted and the Credit Support Annex to be executed and
delivered shall be subject to the Rating Agency Condition. Valuation and posting
of Eligible Collateral shall be made as of each Payment Date, unless Party A or
Bank of America Corporation are no longer reporting financial information
publicly, then such valuation and posting must occur weekly. Notwithstanding the
addition of the Credit Support Annex and the posting of Eligible Collateral,
Party A shall continue to use reasonable efforts to transfer its rights and
obligations hereunder to an acceptable third party; provided, however, that
Party A's obligations to find a transferee and to post Eligible Collateral under
such Credit Support Annex shall remain in effect only for so long as a Ratings
Event is continuing with respect to

                                       P-6

Party A. For the purpose hereof, a "Ratings Event" shall occur with respect to
Party A if the long-term and short-term senior unsecured deposit ratings of
Party A cease to be at least A and A-1 by Standard & Poor's Ratings Service
("S&P") and at least A1 and P-1 by Moody's Investors Service, Inc. ("Moody's")
and at least A and F1 by Fitch Ratings ("Fitch"), to the extent such obligations
are rated by S&P, Moody's and Fitch. "Rating Agency Condition" means, with
respect to any action taken or to be taken, a condition that is satisfied when
S&P, Moody's and Fitch have confirmed that such action would not result in the
downgrade, qualification (if applicable) or withdrawal of the rating then
assigned by such Rating Agency to the applicable class of Certificates. The
failure by Party A to post Eligible Collateral in accordance herewith or to
transfer its rights and obligations hereunder shall constitute an Additional
Termination Event for which Party A shall be the sole Affected Party.

10.  ADDITIONAL TERMINATION EVENT.

     It shall be an Additional Termination Event if any amendment and/or
supplement to any document that pertains to the Form Master Agreement and/or
this Transaction is made without the prior written consent of Party A (such
consent not to be unreasonably withheld), if such amendment and/or supplement
would: (i) adversely affect any of Party A's rights or obligations hereunder
and/or under the Form Master Agreement; or (ii) modify the obligations of, or
impair the ability of, Party B to fully perform any of Party B's obligations
hereunder and/or under the Form Master Agreement. In connection with such
Additional Termination Event, Party B shall be the sole Affected Party.

11.  WAIVER OF RIGHT TO TRIAL BY JURY.

     EACH PARTY HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS TO TRIAL BY JURY
WITH RESPECT TO ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS
TRANSACTION.

12.  ELIGIBLE CONTRACT PARTICIPANT.

     Each party represents to the other party that it is an "eligible contract
participant" as defined in Section 1a(12) of the U.S. Commodity Exchange Act, as
amended.

13.  NOTICE BY FACSIMILE TRANSMISSION.

     Section 12(a) of the Form Master Agreement is hereby amended by deleting
the parenthetical "(except that a notice or other communication under Section 5
or 6 may not be given by facsimile transmission or electronic messaging
system)."

14.  REPRESENTATIONS.

     Wells Fargo Bank, N.A., acting on behalf of Party B, as Securities
Administrator, represents that: (a) it is duly organized and validly existing as
a national banking association under the laws of the jurisdiction of its
organization/formation; (b) it has been directed pursuant to the Pooling and
Servicing Agreement to enter into this Transaction (including the Form Master
Agreement) and to perform its obligations hereunder (and thereunder); (c) the
Transaction and the performance of its obligations hereunder (and under the Form
Master Agreement) will not, to its knowledge, result in a breach or violation of
any material term or provision of, or constitute a default under any agreement
or instrument to which Wells Fargo Bank, N.A. is a party or by which it is
bound; (d) each of the Pooling and Servicing Agreement and the other transaction
documents related thereto (the "Transaction Documents") to which it is a party
has been duly authorized, executed and delivered by it; (e) assuming the due
authorization, execution and delivery thereof by the other parties thereto, each
of the Pooling and Servicing Agreement

                                       P-7

and the other Transaction Documents to which it is a party constitutes the
legal, valid and binding obligations of it, enforceable against it in accordance
with the terms thereof, subject to applicable bankruptcy, insolvency and similar
laws or legal principles affecting creditors' rights generally; (f) the Pooling
and Servicing Agreement and the other Transaction Documents to which Party B is
a party are in full force and effect on the date hereof and there have been no
amendments or waivers or modifications of any of the terms thereof since the
original execution and delivery of the Pooling and Servicing Agreement and the
other Transaction Documents to which Party B is a party, except such as may have
been delivered to Party A and to Party B; (g) to its knowledge, no event of
default (or event which would, with the passage of time or the giving of notice,
or both, constitute an event of default) has occurred under any of the
Transaction Documents to which Party B is a party; and (h) the person executing
this Confirmation is duly authorized to execute and deliver it on behalf of
Party B.

15.  MULTIBRANCH PARTY.

     For purpose of Section 10(c) of the Form Master Agreement: (a) Party A is a
Multibranch Party, and may act through its Charlotte, North Carolina, Chicago,
Illinois, San Francisco, California, New York, New York, Boston, Massachusetts
or London, England Office or such other Office as may be agreed to by the
parties in connection with a Transaction; and (b) Party B is not a Multibranch
Party.

16.  OTHER PROVISIONS.

     (a) Addresses for notices. As set forth on page 1 hereof and, with respect
to Party A, the fax no. set forth on the signature page to this letter
agreement.

     (b) For the purpose of Section 13(c) of the Form Master Agreement: (i)
Party A appoints as its Process Agent, not applicable; and (ii) Party B appoints
as its Process Agent, not applicable.

     (c) Section 12(a)(ii) of the Form Master Agreement is deleted in its
entirety.

     (d) Party A may assign its rights and obligations hereunder to any entity
so long as the Rating Agency Confirmation is satisfied.

     (e) USA PATRIOT Act Notice. Party A hereby notifies Party B that pursuant
to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed
into law October 26, 2001)) (the "Act"), it is required to obtain, verify and
record information that identifies Party B, which information includes the name
and address of Party B and other information that will allow Party A to identify
Party B in accordance with the Act.

     (f) It is expressly understood and agreed by the parties hereto that
insofar as this Confirmation is executed by the Securities Administrator (i)
this Confirmation is executed and delivered by Wells Fargo Bank, N.A., not in
its individual capacity but solely as Securities Administrator under the Pooling
and Servicing Agreement in the exercise of the powers and authority conferred
upon and vested in it thereunder and pursuant to instructions set forth herein,
(ii) each of the representations, undertakings and agreements herein made on
behalf of the trust formed under the Pooling and Servicing Agreement is made and
intended not as a personal representation, undertaking or agreement of the
Securities Administator but is made and intended solely for the purpose of
binding only Banc of America Funding 2006-6 Trust, and (iii) under no
circumstances shall Wells Fargo Bank, N.A., in its individual capacity be
personally liable for the payment of any indebtedness or expenses or be
personally liable for the breach or failure of any obligation, representation,
warranty or covenant made or undertaken by it on behalf of Banc of America
Funding 2006-6 Trust under this Confirmation. Notwithstanding the foregoing (or
anything

                                       P-8

to the contrary herein), Wells Fargo Bank, N.A. shall be liable for its own
fraud, negligence, willful misconduct and/or bad faith.

     (g) The Events of Default specified under Sections 5(a)(ii) - 5(a)(vi) of
the Form Master Agreement will not apply to either Party A or Party B.

     (h) With respect to Party B only, the provisions of Section 5(a)(vii)
clause 2 of the Form Master Agreement will not be applicable as an Event of
Default.

     (i) Without affecting the provisions of the Form Master Agreement requiring
the calculation of certain net payment amounts, as a result of an Event of
Default or Additional Termination Event or otherwise, all payments under the
Form Master Agreement will be made without setoff.

     (j) Party A agrees that it will not, prior to the date that is one year and
one day from the Trade Date, acquiesce in, petition or otherwise invoke or cause
Party B to invoke the process of any court or governmental authority for the
purpose of commencing or sustaining a case against Party B under any federal or
state bankruptcy, insolvency or similar law or for the purpose of appointing a
receiver, liquidator, assignee, trustee, custodian, sequestrator or other
similar official for Party B or any substantial part of the property of Party B,
or for the purpose of ordering the winding up or liquidation of the affairs of
Party B. Nothing herein (nor in the Form Master Agreement) shall prevent Party A
from participating in any such proceeding once commenced.

     (k) Section 9(b) of the Form Master Agreement is hereby amended by adding
the following at the end of such Section: ", and unless the Rating Agency
Condition is satisfied, unless such amendment clarifies any term or provision,
corrects any inconsistency, cures any ambiguity, or corrects any typographical
error."

     (l) Before any amendment and/or supplement is made to any document that
pertains to the Form Master Agreement and/or any Transaction thereunder, Party B
must first obtain the prior written consent of Party A (such consent not to be
unreasonably withheld) if such amendment and/or supplement would: (a) adversely
affect any of Party A's rights or obligations under the Form Master Agreement;
or (b) modify the obligations of, or impact the ability of, Party B to fully
perform any of Party B's obligations under the Form Master Agreement.

17. COMPLIANCE WITH REGULATION AB. In connection with the Pooling and Servicing
Agreement, Party B represents that this Confirmation is a derivative instrument
as described in Item 1115 of Regulation AB under the Securities Act of 1933 and
the Securities Exchange Act of 1934, as amended ("Regulation AB"), and not a
credit support contract described in Item 1114 of Regulation AB.

     (a) In accordance with Regulation AB, Party A represents that: (i) the name
of the derivative counterparty is Bank of America, N.A.; (ii) the organizational
form of the derivative counterparty is a national banking association organized
under the laws of the United States; and (iii) the general character of the
business of the derivative counterparty is to be engaged in a general consumer
banking, commercial banking and trust business, offering a wide range of
commercial, corporate, international, financial market, retail and fiduciary
banking services.

     (b) Party A has been advised that Party B (and/or certain affiliates of
Party B) is required under Regulation AB to disclose certain financial
information regarding Party A depending on the applicable "significance
percentage" of this Confirmation, as calculated from time to time in accordance
with Item 1115 of Regulation AB (as discussed in the Pooling and Servicing
Agreement). Party A has been advised

                                       P-9

by the Sponsor (as defined in the Pooling and Servicing Agreement) that the
applicable "significance percentage" of this Confirmation is less than 10%, and
accordingly, no financial information regarding Party A need be disclosed in
accordance with Item 1115 of Regulation AB.

     (c) If required, Party A shall provide to Party B the applicable financial
information described under Item 1115(b)(1) or (b)(2), as applicable, of
Regulation AB (the "Reg AB Information") within five (5) Local Business Days of
receipt of a written request for such Reg AB Information by Party B (the
"Response Period"), so long as Party B has reasonably determined, in good faith,
that such information is required under Regulation AB; provided, however, that
if Party A, in good faith, determines that it is unable to provide the Reg AB
Information within the Response Period, then, subject to the Rating Agency
Condition, Party A shall use reasonable efforts to cause a Reg AB Approved
Entity (as defined below) to replace Party A as party to this Confirmation on
terms substantially similar to this Confirmation prior to the expiration of the
Response Period.

     (d) "Reg AB Approved Entity" means any entity that (i) has the ability to
provide the Reg AB Information and (ii) meets or exceeds the Approved Rating
Thresholds (as defined below). If Party B requests (in writing) the Reg AB
Information from Party A, then Party B shall promptly (and in any event within
two (2) Local Business Days of the date of the request for the Reg AB
Information) provide Party A with a written explanation of how the significance
percentage was calculated.

     (e) "Approved Rating Thresholds" means an entity that has a long-term and
short-term senior unsecured deposit rating of at least A and A-1 by S&P, A1 and
P-1 by Moody's or A and F1 by Fitch, to the extent such obligations are rated by
S&P, Moody's and Fitch.

Please confirm that the foregoing correctly sets forth the terms and conditions
of our agreement by returning within three (3) Business Days via telecopier an
executed copy of this Confirmation to the attention of Global Derivative
Operations (fax no. 1-866-255-1444)). Failure to respond within such period
shall not affect the validity or enforceability of this Transaction, and shall
be deemed to be an affirmation of the terms and conditions contained herein,
absent manifest error.

                                      P-10

Yours sincerely,

BANK OF AMERICA, N.A.

By: /s/ Mary Beth Knight
    -------------------------------------
    Name: Mary Beth Knight
    Title: Assistant Vice President

Confirmed as of the date above:

Banc of America Funding 2006-6 Trust

By: Wells Fargo Bank, N.A., not in its individual capacity but solely as
Securities Administrator on behalf of Banc of America Funding 2006-6 Trust

By: /s/ Peter A. Gobell
    -------------------------------------
    Name: Peter A. Gobell
    Title: Vice President

                                      P-11

SCHEDULE A

                     Our Reference Numbers: 4807868 4807869

NOTIONAL AMOUNT (USD)   START DATE    END DATE
---------------------   ----------   ----------
    52,720,000.00        9/25/2006   10/25/2006
    52,422,815.00       10/25/2006   11/25/2006
    52,081,926.00       11/25/2006   12/25/2006
    51,697,629.00       12/25/2006    1/25/2007
    51,270,297.00        1/25/2007    2/25/2007
    50,800,383.00        2/25/2007    3/25/2007
    50,288,419.00        3/25/2007    4/25/2007
    49,735,011.00        4/25/2007    5/25/2007
    49,140,847.00        5/25/2007    6/25/2007
    48,506,687.00        6/25/2007    7/25/2007
    47,833,367.00        7/25/2007    8/25/2007
    47,121,796.00        8/25/2007    9/25/2007
    46,372,953.00        9/25/2007   10/25/2007
    45,587,888.00       10/25/2007   11/25/2007
    44,767,714.00       11/25/2007   12/25/2007
    43,913,612.00       12/25/2007    1/25/2008
    43,026,823.00        1/25/2008    2/25/2008
    42,108,647.00        2/25/2008    3/25/2008
    41,160,440.00        3/25/2008    4/25/2008
    40,183,608.00        4/25/2008    5/25/2008
    39,179,609.00        5/25/2008    6/25/2008
    38,149,944.00        6/25/2008    7/25/2008
    37,096,156.00        7/25/2008    8/25/2008
    36,019,826.00        8/25/2008    9/25/2008
    34,922,997.00        9/25/2008   10/25/2008
    33,807,289.00       10/25/2008   11/25/2008
    32,696,907.00       11/25/2008   12/25/2008
    31,608,832.00       12/25/2008    1/25/2009
    30,542,622.00        1/25/2009    2/25/2009
    29,497,843.00        2/25/2009    3/25/2009
    28,474,069.00        3/25/2009    4/25/2009
    27,470,883.00        4/25/2009    5/25/2009
    26,487,876.00        5/25/2009    6/25/2009
    25,524,647.00        6/25/2009    7/25/2009
    24,580,803.00        7/25/2009    8/25/2009
    23,655,959.00        8/25/2009    9/25/2009
    22,749,737.00        9/25/2009   10/25/2009
    21,861,768.00       10/25/2009   11/25/2009
    20,991,688.00       11/25/2009   12/25/2009
    20,139,141.00       12/25/2009    1/25/2010
    19,303,780.00        1/25/2010    2/25/2010
    18,485,263.00        2/25/2010    3/25/2010

                                      P-12

    17,683,254.00        3/25/2010    4/25/2010
    16,897,426.00        4/25/2010    5/25/2010
    16,127,456.00        5/25/2010    6/25/2010
    15,373,029.00        6/25/2010    7/25/2010
    14,633,836.00        7/25/2010    8/25/2010
    13,909,574.00        8/25/2010    9/25/2010
    13,199,946.00        9/25/2010   10/25/2010
    12,504,660.00       10/25/2010   11/25/2010
    11,823,431.00       11/25/2010   12/25/2010
    11,155,979.00       12/25/2010    1/25/2011
    10,502,031.00        1/25/2011    2/25/2011
     9,861,316.00        2/25/2011    3/25/2011
     9,233,573.00        3/25/2011    4/25/2011
     8,618,542.00        4/25/2011    5/25/2011
     8,015,970.00        5/25/2011    6/25/2011
     7,425,609.00        6/25/2011    7/25/2011
     6,847,216.00        7/25/2011    8/25/2011
     6,280,553.00        8/25/2011    9/25/2011
     5,725,385.00        9/25/2011   10/25/2011
     5,309,469.00       10/25/2011   11/25/2011
     4,903,817.00       11/25/2011   12/25/2011
     4,508,213.00       12/25/2011    1/25/2012
     4,122,445.00        1/25/2012    2/25/2012
     3,746,308.00        2/25/2012    3/25/2012
     3,379,597.00        3/25/2012    4/25/2012
     3,022,115.00        4/25/2012    5/25/2012
     2,673,666.00        5/25/2012    6/25/2012
     2,334,059.00        6/25/2012    7/25/2012
     2,003,108.00        7/25/2012    8/25/2012
     1,680,628.00        8/25/2012    9/25/2012
     1,366,442.00        9/25/2012   10/25/2012
     1,100,081.00       10/25/2012   11/25/2012
       841,098.00       11/25/2012   12/25/2012
       589,329.00       12/25/2012    1/25/2013
       344,615.00        1/25/2013    2/25/2013
       106,798.00        2/25/2013    3/25/2013

                                      P-13

                                    EXHIBIT Q

                           Relevant Servicing Criteria

     For purposes of this Exhibit P, "JPM" shall refer to JPMorgan Chase Bank,
N.A, "ST" shall refer to SunTrust, "WAMU" shall refer to Washington Mutual and
"WFB" shall refer to Wells Fargo Bank, each in its capacity as a Servicer.

                               SERVICING CRITERIA                                           PARTIES RESPONSIBLE
------------------------------------------------------------------------------------------------------------------------
    REFERENCE                                 CRITERIA

                                  GENERAL SERVICING CONSIDERATIONS
1122(d)(1)(i)      Policies and procedures are instituted to monitor any           Master Servicer, Securities
                   performance or other triggers and events of default in          Administrator, JPM, ST, WAMU and WFB
                   accordance with the transaction agreements.

1122(d)(1)(ii)     If any material servicing activities are outsourced to third    Master Servicer, Securities
                   parties, policies and procedures are instituted to monitor      Administrator, JPM, ST, WAMU and WFB
                   the third party's performance and compliance with such
                   servicing activities.

1122(d)(1)(iii)    Any requirements in the transaction agreements to maintain a    Not applicable
                   back-up servicer for the mortgage loans are maintained.

1122(d)(1)(iv)     A fidelity bond and errors and omissions policy is in effect    JPM, ST, WAMU and WFB
                   on the party participating in the servicing function
                   throughout the reporting period in the amount of coverage
                   required by and otherwise in accordance with the terms of the
                   transaction agreements.

                                 CASH COLLECTION AND ADMINISTRATION

1122(d)(2)(i)      Payments on mortgage loans are deposited into the appropriate   Master Servicer, Securities
                   custodial bank accounts and related bank clearing accounts no   Administrator, JPM, ST, WAMU and WFB
                   more than two business days following receipt, or such other
                   number of days specified in the transaction agreements.

1122(d)(2)(ii)     Disbursements made via wire transfer on behalf of an obligor    Master Servicer, Securities
                   or to an investor are made only by authorized personnel.        Administrator, JPM, ST, WAMU and WFB

1122(d)(2)(iii)    Advances of funds or guarantees regarding collections, cash     Master Servicer, Securities
                   flows or distributions, and any interest or other fees          Administrator, JPM, ST, WAMU and WFB
                   charged for such advances, are made, reviewed and approved as
                   specified in the transaction agreements.

                                       Q-1

                               SERVICING CRITERIA                                           PARTIES RESPONSIBLE
------------------------------------------------------------------------------------------------------------------------
    REFERENCE                                 CRITERIA

1122(d)(2)(iv)     The related accounts for the transaction, such as cash          Master Servicer, Securities
                   reserve accounts or accounts established as a form of           Administrator, JPM, ST, WAMU and WFB
                   overcollateralization, are separately maintained (e.g., with
                   respect to commingling of cash) as set forth in the
                   transaction agreements.

1122(d)(2)(v)      Each custodial account is maintained at a federally insured     Master Servicer, Securities
                   depository institution as set forth in the transaction          Administrator, JPM, ST, WAMU and WFB
                   agreements. For purposes of this criterion, "federally
                   insured depository institution" with respect to a foreign
                   financial institution means a foreign financial institution
                   that meets the requirements of Rule 13k-1(b)(1) of the
                   Securities Exchange Act.

1122(d)(2)(vi)     Unissued checks are safeguarded so as to prevent unauthorized   Master Servicer, Securities
                   access.                                                         Administrator, JPM, ST, WAMU and WFB

1122(d)(2)(vii)    Reconciliations are prepared on a monthly basis for all         Master Servicer, Securities
                   asset-backed securities related bank accounts, including        Administrator, JPM, ST, WAMU and WFB
                   custodial accounts and related bank clearing accounts. These
                   reconciliations are (A) mathematically accurate; (B) prepared
                   within 30 calendar days after the bank statement cutoff date,
                   or such other number of days specified in the transaction
                   agreements; (C) reviewed and approved by someone other than
                   the person who prepared the reconciliation; and (D) contain
                   explanations for reconciling items. These reconciling items
                   are resolved within 90 calendar days of their original
                   identification, or such other number of days specified in the
                   transaction agreements.

                                 INVESTOR REMITTANCES AND REPORTING

1122(d)(3)(i)      Reports to investors, including those to be filed with the      Master Servicer, Securities
                   Commission, are maintained in accordance with the transaction   Administrator, JPM, ST, WAMU and WFB
                   agreements and applicable Commission requirements.
                   Specifically, such reports (A) are prepared in accordance
                   with timeframes and other terms set forth in the transaction
                   agreements; (B) provide information calculated in accordance
                   with the terms specified in the transaction agreements; (C)
                   are filed with the Commission as required by its rules and
                   regulations; and (D) agree with investors' or the trustee's
                   records as to the total unpaid principal balance and number
                   of mortgage loans serviced by the Servicer.

1122(d)(3)(ii)     Amounts due to investors are allocated and remitted in          Master Servicer, Securities
                   accordance with timeframes, distribution priority and other     Administrator, JPM, ST, WAMU and WFB
                   terms set forth in the transaction agreements.

                                       Q-2

                               SERVICING CRITERIA                                           PARTIES RESPONSIBLE
------------------------------------------------------------------------------------------------------------------------
    REFERENCE                                 CRITERIA

1122(d)(3)(iii)    Disbursements made to an investor are posted within two         Master Servicer, Securities
                   business days to the Servicer's investor records, or such       Administrator, JPM, ST, WAMU and WFB
                   other number of days specified in the transaction agreements.

1122(d)(3)(iv)     Amounts remitted to investors per the investor reports agree    Master Servicer, Securities
                   with cancelled checks, or other form of payment, or custodial   Administrator, JPM, ST, WAMU and WFB
                   bank statements.

                                     POOL ASSET ADMINISTRATION

1122(d)(4)(i)      Collateral or security on mortgage loans is maintained as       Custodian, JPM, ST, WAMU and WFB
                   required by the transaction agreements or related mortgage
                   loan documents.

1122(d)(4)(ii)     Mortgage loan and related documents are safeguarded as          Custodian, JPM, ST, WAMU and WFB
                   required by the transaction agreements

1122(d)(4)(iii)    Any additions, removals or substitutions to the asset pool      JPM, ST, WAMU and WFB
                   are made, reviewed and approved in accordance with any
                   conditions or requirements in the transaction agreements.

1122(d)(4)(iv)     Payments on mortgage loans, including any payoffs, made in      JPM, ST, WAMU and WFB
                   accordance with the related mortgage loan documents are
                   posted to the Servicer's obligor records maintained no more
                   than two business days after receipt, or such other number of
                   days specified in the transaction agreements, and allocated
                   to principal, interest or other items (e.g., escrow) in
                   accordance with the related mortgage loan documents.

1122(d)(4)(v)      The Servicer's records regarding the mortgage loans agree       JPM, ST, WAMU and WFB
                   with the Servicer's records with respect to an obligor's
                   unpaid principal balance.

1122(d)(4)(vi)     Changes with respect to the terms or status of an obligor's     JPM, ST, WAMU and WFB
                   mortgage loans (e.g., loan modifications or re-agings) are
                   made, reviewed and approved by authorized personnel in
                   accordance with the transaction agreements and related pool
                   asset documents.

1122(d)(4)(vii)    Loss mitigation or recovery actions (e.g., forbearance plans,   JPM, ST, WAMU and WFB
                   modifications and deeds in lieu of foreclosure, foreclosures
                   and repossessions, as applicable) are initiated, conducted
                   and concluded in accordance with the timeframes or other
                   requirements established by the transaction agreements.

                                       Q-3

                               SERVICING CRITERIA                                           PARTIES RESPONSIBLE
------------------------------------------------------------------------------------------------------------------------
    REFERENCE                                 CRITERIA

1122(d)(4)(viii)   Records documenting collection efforts are maintained during    JPM, ST, WAMU and WFB
                   the period a mortgage loan is delinquent in accordance with
                   the transaction agreements. Such records are maintained on at
                   least a monthly basis, or such other period specified in the
                   transaction agreements, and describe the entity's activities
                   in monitoring delinquent mortgage loans including, for
                   example, phone calls, letters and payment rescheduling plans
                   in cases where delinquency is deemed temporary (e.g., illness
                   or unemployment).

1122(d)(4)(ix)     Adjustments to interest rates or rates of return for mortgage   JPM, ST, WAMU and WFB
                   loans with variable rates are computed based on the related
                   mortgage loan documents.

1122(d)(4)(x)      Regarding any funds held in trust for an obligor (such as       JPM, ST, WAMU and WFB
                   escrow accounts): (A) such funds are analyzed, in accordance
                   with the obligor's mortgage loan documents, on at least an
                   annual basis, or such other period specified in the
                   transaction agreements; (B) interest on such funds is paid,
                   or credited, to obligors in accordance with applicable
                   mortgage loan documents and state laws; and (C) such funds
                   are returned to the obligor within 30 calendar days of full
                   repayment of the related mortgage loans, or such other number
                   of days specified in the transaction agreements.

1122(d)(4)(xi)     Payments made on behalf of an obligor (such as tax or           JPM, ST, WAMU and WFB
                   insurance payments) are made on or before the related penalty
                   or expiration dates, as indicated on the appropriate bills or
                   notices for such payments, provided that such support has
                   been received by the servicer at least 30 calendar days prior
                   to these dates, or such other number of days specified in the
                   transaction agreements.

1122(d)(4)(xii)    Any late payment penalties in connection with any payment to    JPM, ST, WAMU and WFB
                   be made on behalf of an obligor are paid from the servicer's
                   funds and not charged to the obligor, unless the late payment
                   was due to the obligor's error or omission.

1122(d)(4)(xiii)   Disbursements made on behalf of an obligor are posted within    JPM, ST, WAMU and WFB
                   two business days to the obligor's records maintained by the
                   servicer, or such other number of days specified in the
                   transaction agreements.

1122(d)(4)(xiv)    Delinquencies, charge-offs and uncollectible accounts are       Master Servicer, Securities
                   recognized and recorded in accordance with the transaction      Administrator, JPM, ST, WAMU and WFB
                   agreements.

                                       Q-4

                               SERVICING CRITERIA                                           PARTIES RESPONSIBLE
------------------------------------------------------------------------------------------------------------------------
    REFERENCE                                 CRITERIA

1122(d)(4)(xv)     Any external enhancement or other support, identified in Item   Master Servicer and Securities
                   1114(a)(1) through (3) or Item 1115 of Regulation AB, is        Administrator
                   maintained as set forth in the transaction agreements.

                                       Q-4

                                    EXHIBIT R

                         Additional Form 10-D Disclosure

                         ADDITIONAL FORM 10-D DISCLOSURE

            ITEM ON FORM 10-D                        PARTY RESPONSIBLE
--------------------------------------------------------------------------------
     ITEM 1: DISTRIBUTION AND POOL                    Master Servicer
        PERFORMANCE INFORMATION                   Securities Administrator
                                                         Depositor

Any information required by 1121 which
is NOT included on the Monthly Statement

       ITEM 2: LEGAL PROCEEDINGS

Any legal proceeding pending against the
following entities or their respective
property, that is material to
Certificateholders, including any
proceeding sknown to be contemplated by
governmental authorities:

o    Issuing Entity (Trust Fund)            Trustee, Master Servicer, Securities
                                               Administrator and Depositor

o    Sponsor (Seller)                      Seller (if a party to the Pooling and
                                             Servicing Agreement) or Depositor

o    Depositor                                          Depositor

o    Trustee                                             Trustee

o    Securities Administrator                     Securities Administrator

o    Master Servicer                                  Master Servicer

o    Custodian                                           Custodian

o    1110(b) Originator                                 Depositor

o    Any 1108(a)(2) Servicer (other than              Master Servicer
     the Master Servicer or Securities
     Administrator)

o    Any other party contemplated by                    Depositor
     1100(d)(1)

  ITEM 3: SALE OF SECURITIES AND USE OF                 Depositor
                PROCEEDS

Information from Item 2(a) of Part II of
Form 10-Q:

With respect to any sale of securities
by the sponsor, depositor or issuing
entity, that are backed by the same
asset pool or are otherwise issued by
the issuing entity, whether or not
registered, provide the sales and use of
proceeds information in Item 701 of
Regulation S-K. Pricing information can
be omitted if securities were not
registered.

 ITEM 4: DEFAULTS UPON SENIOR SECURITIES         Securities Administrator

Information from Item 3 of Part II of
Form 10-Q:

                                       R-1

                         ADDITIONAL FORM 10-D DISCLOSURE

            ITEM ON FORM 10-D                        PARTY RESPONSIBLE
--------------------------------------------------------------------------------
Report the occurrence of any Event of
Default (after expiration of any grace
period and provision of any required
notice)

ITEM 5: SUBMISSION OF MATTERS TO A VOTE          Securities Administrator
          OF SECURITY HOLDERS

Information from Item 4 of Part II of
Form 10-Q

  ITEM 6: SIGNIFICANT OBLIGORS OF POOL                  Depositor
                 ASSETS

Item 1112(b) - Significant Obligor
Financial Information*

*    This information need only be
     reported on the Form 10-D for the
     distribution period in which
     updated information is required
     pursuant to the Item.

     ITEM 7: SIGNIFICANT ENHANCEMENT
          PROVIDER INFORMATION

Item 1114(b)(2) - Credit Enhancement
Provider Financial Information*

o    Determining applicable disclosure           Securities Administrator
     threshold

o    Requesting required financial               Securities Administrator
     information or effecting
     incorporation by reference

 Item 1115(b) - Derivative Counterparty
Financial Information*

o    Determining current maximum                        Depositor
     probable exposure

o    Determining current significance            Securities Administrator
     percentage

o    Requesting required financial               Securities Administrator
     information or effecting
     incorporation by reference

*    This information need only be
     reported on the Form 10-D for the
     distribution period in which
     updated information is required
     pursuant to the Items.

        ITEM 8: OTHER INFORMATION              Any party responsible for the
                                            applicable Form 8-K Disclosure item
Disclose any information required to be
reported on Form 8-K during the period
covered by the Form 10-D but not
reported

            ITEM 9: EXHIBITS

Monthly Statement to Certificateholders          Securities Administrator

    Exhibits required by Item 601 of                    Depositor
    Regulation S-K, such as material
               agreements

                                      R-2

                                    EXHIBIT S

                         Additional Form 10-K Disclosure

                         ADDITIONAL FORM 10-K DISCLOSURE

            ITEM ON FORM 10-K                       PARTY RESPONSIBLE
--------------------------------------------------------------------------------
   ITEM 1B: UNRESOLVED STAFF COMMENTS                   Depositor

       ITEM 9B: OTHER INFORMATION           Any party responsible for disclosure
                                                     items on Form 8-K
Disclose any information required to be
reported on Form 8-K during the fourth
quarter covered by the Form 10-K but not
reported

 ITEM 15: EXHIBITS, FINANCIAL STATEMENT          Securities Administrator
                SCHEDULES                               Depositor

    REG AB ITEM 1112(b): SIGNIFICANT
         OBLIGORS OF POOL ASSETS

Significant Obligor Financial                           Depositor
Information*

*    This information need only be
     reported on the Form 10-D for the
     distribution period in which
     updated information is required
     pursuant to the Item.

     REG AB ITEM 1114(b)(2): CREDIT
     ENHANCEMENT PROVIDER FINANCIAL
               INFORMATION

o    Determining applicable disclosure           Securities Administrator
     threshold

o    Requesting required financial               Securities Administrator
     information or effecting
     incorporation by reference

*    This information need only be
     reported on the Form 10-D for the
     distribution period in which
     updated information is required
     pursuant to the Items.

     REG AB ITEM 1115(b): DERIVATIVE
   COUNTERPARTY FINANCIAL INFORMATION

o    Determining current maximum                        Depositor
     probable exposure

o    Determining current significance            Securities Administrator
     percentage

o    Requesting required financial               Securities Administrator
     information or effecting
     incorporation by reference

*    This information need only be
     reported on the Form 10-D for the
     distribution period in which
     updated information is required
     pursuant to the Items.

  REG AB ITEM 1117: LEGAL PROCEEDINGS

Any legal proceeding pending against the
following entities or their respective
property, that is material to
Certificateholders, including any
proceeding sknown to be contemplated by

                                      S-1

                         ADDITIONAL FORM 10-K DISCLOSURE

            ITEM ON FORM 10-K                       PARTY RESPONSIBLE
--------------------------------------------------------------------------------
governmental authorities:

o    Issuing Entity (Trust Fund)            Trustee, Master Servicer, Securities
                                                 Administrator and Depositor

o    Sponsor (Seller)                      Seller (if a party to the Pooling and
                                             Servicing Agreement) or Depositor

o    Depositor                                          Depositor

o    Trustee                                             Trustee

o    Securities Administrator                    Securities Administrator

o    Master Servicer                                 Master Servicer

o    Custodian                                          Custodian

o    1110(b) Originator                                 Depositor

o    Any 1108(a)(2) Servicer (other than             Master Servicer
     the Master Servicer or Securities
     Administrator)

o    Any other party contemplated by                    Depositor
     1100(d)(1)

   REG AB ITEM 1119: AFFILIATIONS AND
              RELATIONSHIPS

Whether (a) the Sponsor (Seller),                    Depositor as to (a)
Depositor or Issuing Entity is an                 Sponsor/Seller as to (a)
affiliate of the following parties, and
(b) to the extent known and material,
any of the following parties are
affiliated with one another:

o    Master Servicer                                 Master Servicer

o    Securities Administrator                    Securities Administrator

o    Trustee                                             Trustee

o    Any other 1108(a)(3) servicer                   Master Servicer

o    Any 1110 Originator                             Depositor/Sponsor

o    Any 1112(b) Significant Obligor                 Depositor/Sponsor

o    Any 1114 Credit Enhancement
     Provider                                        Depositor/Sponsor

o    Any 1115 Derivate Counterparty
     Provider                                        Depositor/Sponsor

o    Any other 1101(d)(1) material
     party                                           Depositor/Sponsor

Whether there are any "outside the                   Depositor as to (a)
ordinary course business arrangements"            Sponsor/Seller as to (a)
other than would be obtained in an
arm's length transaction between (a)
the Sponsor (Seller), Depositor or
Issuing Entity on the one hand, and
(b) any of the following parties (or
their affiliates) on the other hand,
that exist currently or within the
past two years and that are material
to a Certificateholder's understanding
of the Certificates:

o    Master Servicer                                  Master Servicer

o    Securities Administrator                     Securities Administrator

o    Trustee                                              Trustee

o    Any other 1108(a)(3) servicer                    Master Servicer

                                       S-2

                         ADDITIONAL FORM 10-K DISCLOSURE

            ITEM ON FORM 10-K                       PARTY RESPONSIBLE
--------------------------------------------------------------------------------
o    Any 1110 Originator                            Depositor/Sponsor

o    Any 1112(b) Significant Obligor                Depositor/Sponsor

o    Any 1114 Credit Enhancement                    Depositor/Sponsor
     Provider

o    Any 1115 Derivate Counterparty                 Depositor/Sponsor
     Provider

o    Any other 1101(d)(1) material party            Depositor/Sponsor

Whether there are any specific                       Depositor as to (a)
relationships involving the                       Sponsor/Seller as to (a)
transaction or the pool assets between
(a) the Sponsor (Seller), Depositor or
Issuing Entity on the one hand, and
(b) any of the following parties (or
their affiliates) on the other hand,
that exist currently or within the
past two years and that are material:

o    Master Servicer                                 Master Servicer

o    Securities Administrator                    Securities Administrator

o    Trustee                                             Trustee

o    Any other 1108(a)(3) servicer                   Master Servicer

o    Any 1110 Originator                            Depositor/Sponsor

o    Any 1112(b) Significant Obligor                Depositor/Sponsor

o    Any 1114 Credit Enhancement                    Depositor/Sponsor
     Provider

o    Any 1115 Derivate Counterparty                 Depositor/Sponsor
     Provider

o    Any other 1101(d)(1) material party            Depositor/Sponsor

                                      S-3

                                    EXHIBIT T

                         Form 8-K Disclosure Information

                         FORM 8-K DISCLOSURE INFORMATION

           ITEM ON FORM 8-K                         PARTY RESPONSIBLE
--------------------------------------------------------------------------------
   ITEM 1.01- ENTRY INTO A MATERIAL                    All parties
        DEFINITIVE AGREEMENT

Disclosure is required regarding
entry into or amendment of any
definitive agreement that is material
to the securitization, even if
depositor is not a party.

Examples: servicing agreement,
custodial agreement.

Note: disclosure not required as to
definitive agreements that are fully
disclosed in the prospectus

 ITEM 1.02- TERMINATION OF A MATERIAL                  All parties
         DEFINITIVE AGREEMENT

Disclosure is required regarding
termination of any definitive
agreement that is material to the
securitization (other than expiration
in accordance with its terms), even
if depositor is not a party.

Examples: servicing agreement,
custodial agreement.

ITEM 1.03- BANKRUPTCY OR RECEIVERSHIP                  Depositor

Disclosure is required regarding the
bankruptcy or receivership, with
respect to any of the following:

o    Sponsor (Seller)                          Depositor/Sponsor (Seller)

o    Depositor                                         Depositor
o    Master Servicer                                Master Servicer

o    Affiliated Servicer                            Master Servicer

o    Other Servicer servicing 20% or                Master Servicer
     more of the pool assets at the
     time of the report

o    Other material servicers                       Master Servicer

o    Trustee                                            Trustee

o    Securities Administrator                   Securities Administrator

o    Significant Obligor                               Depositor

o    Credit Enhancer (10% or more)                     Depositor

o    Derivative Counterparty                           Depositor

                                      T-1

o    Custodian                                         Custodian

                         FORM 8-K DISCLOSURE INFORMATION

           ITEM ON FORM 8-K                         PARTY RESPONSIBLE
--------------------------------------------------------------------------------
  ITEM 2.04- TRIGGERING EVENTS THAT                     Depositor
   ACCELERATE OR INCREASE A DIRECT                   Master Servicer
FINANCIAL OBLIGATION OR AN OBLIGATION           Securities Administrator
     UNDER AN OFF-BALANCE SHEET
             ARRANGEMENT

Includes an early amortization,
performance trigger or other event,
including event of default, that
would materially alter the payment
priority/distribution of cash
flows/amortization schedule.

Disclosure will be made of events
other than waterfall triggers which
are disclosed in the monthly
statements to the certificateholders.

 ITEM 3.03- MATERIAL MODIFICATION TO            Securities Administrator
     RIGHTS OF SECURITY HOLDERS                          Trustee

Disclosure is required of any
material modification to documents
defining the rights of
Certificateholders, including the
Pooling and Servicing Agreement.

ITEM 5.03- AMENDMENTS OF ARTICLES OF                   Depositor
 INCORPORATION OR BYLAWS; CHANGE OF
             FISCAL YEAR

Disclosure is required of any
amendment "to the governing documents
of the issuing entity".

  ITEM 6.01- ABS INFORMATIONAL AND                      Depositor
       COMPUTATIONAL MATERIAL

  ITEM 6.02- CHANGE OF SERVICER OR             Master Servicer/Securities
      SECURITIES ADMINISTRATOR                   Administrator/Depositor

Requires disclosure of any removal,
replacement, substitution or addition
of any master servicer, affiliated
servicer, other servicer servicing
10% or more of pool assets at time of
report, other material servicers or
trustee.

Reg AB disclosure about any new                      Master Servicer
master servicer is also required.

Reg AB disclosure about any new                          Trustee
Trustee is also required.

     ITEM 6.03- CHANGE IN CREDIT           Depositor/Securities Administrator
   ENHANCEMENT OR EXTERNAL SUPPORT

Covers termination of any enhancement
in manner other than by its terms,
the addition of an

                                      T-2

                         FORM 8-K DISCLOSURE INFORMATION

           ITEM ON FORM 8-K                         PARTY RESPONSIBLE
--------------------------------------------------------------------------------

enhancement, or a material change in
the enhancement provided. Applies to
external credit enhancements as well
as derivatives.

Reg AB disclosure about any new                         Depositor
enhancement provider is also
required.

ITEM 6.04- FAILURE TO MAKE A REQUIRED           Securities Administrator
             DISTRIBUTION

 ITEM 6.05- SECURITIES ACT UPDATING                     Depositor
        DISCLOSURE

If any material pool characteristic
differs by 5% or more at the time of
issuance of the securities from the
description in the final prospectus,
provide updated Reg AB disclosure
about the actual asset pool.

If there are any new servicers or                       Depositor
originators required to be disclosed
under Regulation AB as a result of
the foregoing, provide the
information called for in Items 1108
and 1110 respectively.

    ITEM 7.01- REG FD DISCLOSURE                        Depositor

       ITEM 8.01- OTHER EVENTS                          Depositor

   Any event, with respect to which
 information is not otherwise called
for in Form 8-K, that the registrant
        deems of importance to
         certificateholders.

 ITEM 9.01- FINANCIAL STATEMENTS AND              Responsible party for
               EXHIBITS                    reporting/disclosing the financial
                                                  statement or exhibit

                                      T-3

                                    EXHIBIT U

                       Additional Disclosure Notification

**SEND VIA FAX TO 410-715-2380 AND VIA EMAIL TO
cts.sec.notifications@wellsfargo.com AND VIA OVERNIGHT MAIL TO THE ADDRESS
IMMEDIATELY BELOW**

Wells Fargo Bank, N.A., as Securities Administrator
9062 Old Annapolis Road
Columbia, Maryland 21045
Attn: Corporate Trust Services- [DEAL NAME]--SEC REPORT PROCESSING

Banc of America Funding Corporation
214 North Tryon Street
Charlotte, North Carolina 28255
Attention: General Counsel and Chief Financial Officer

RE: **Additional Form [10-D][10-K][8-K] Disclosure** Required

Ladies and Gentlemen:

In accordance with Section [____] of the Pooling and Servicing Agreement, ___,
dated as of [____][____], 2006, among [____], as [____], [____], as [____],
[____], as [____] and [____], as [____], the undersigned, as [____], hereby
notifies you that certain events have come to our attention that [will] [may]
need to be disclosed on Form [10-D][10-K][8-K].

Description of Additional Form [10-D][10-K][8-K] Disclosure:

List of any Attachments hereto to be included in the Additional Form
[10-D][10-K][8-K] Disclosure:

Any inquiries related to this notification should be directed to [____], phone
number: [____]; email address: [____].

                                        [NAME OF PARTY],
                                        as [role]

                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:

                                       U-1

                                    EXHIBIT V

                             AVAILABLE COMBINATIONS

                     EXCHANGEABLE REMIC CERTIFICATES                                   EXCHANGEABLE CERTIFICATES
-------------------------------------------------------------------------   ----------------------------------------------
                           MAXIMUM INITIAL CLASS BALANCE OR      CUSIP      EXCHANGEABLE     MAXIMUM INITIAL     CUSIP
EXCHANGEABLE REMIC CLASS          NOTIONAL AMOUNT(1)             NUMBER        CLASS        CLASS BALANCE(1)     NUMBER
------------------------   --------------------------------   -----------   -------------   ----------------   -----------

          REMIC                                                              EXCHANGEABLE
      COMBINATION 1                                                         COMBINATION 1
          1-A-9                       $ 3,917,000             05950R AJ 8       1-A-24         $39,173,000     05950R AZ 2
         1-A-10                       $35,256,000             05950R AK 5
         1-A-11                       $ 1,566,920             05950R AL 3

          REMIC                                                              EXCHANGEABLE
      COMBINATION 2                                                         COMBINATION 2
         1-A-12                       $86,049,000             05950R AM 1       1-A-22         $86,049,000     05950R AX 7
         1-A-18                       $ 3,585,375             05950R AT 6

          REMIC                                                              EXCHANGEABLE
      COMBINATION 3                                                         COMBINATION 3
         1-A-13                       $10,600,000             05950R AN 9       1-A-23         $10,600,000     05950R AY 5
         1-A-19                       $   441,666             05950R AU 3

          REMIC                                                              EXCHANGEABLE
      COMBINATION 4                                                         COMBINATION 4
         1-A-12                       $86,049,000             05950R AM 1       1-A-20         $96,649,000     05950R AV 1
         1-A-13                       $10,600,000             05950R AN 9

          REMIC                                                              EXCHANGEABLE
      COMBINATION 5                                                         COMBINATION 5
         1-A-12                       $86,049,000             05950R AM 1       1-A-21         $96,649,000     05950R AW 9
         1-A-18                       $ 3,585,375             05950R AT 6
         1-A-13                       $10,600,000             05950R AN 9
         1-A-19                       $   441,666             05950R AU 3

----------
(1)  Exchangeable REMIC Certificates and Exchangeable Certificates in any
     combination may be exchanged only in the proportion that the maximum
     initial class balances or notional amounts of such Certificates bear to one
     another as shown above.

                                       V-1

                                    EXHIBIT W

 Form of Request for Exchange of Exchangeable REMIC or Exchangeable Certificates

                                                                       ___, 20__

Wells Fargo Bank, N.A.
Sixth Street and Marquette Avenue,
Minneapolis, Minnesota 55479,
Attention: BAFC 2006-4

     Re:  Banc of America Funding 2006-6 Trust,
          Mortgage Pass-Through Certificates, Series 2006-6

Ladies and Gentlemen:

Pursuant to the terms of that certain Pooling and Servicing Agreement, dated
September 28, 2006, by and among Banc of America Funding Corporation, as
depositor, U.S. Bank National Association, as trustee, Wells Fargo Bank, N.A.,
as securities administrator (in such capacity, the "Securities Administrator"),
and CitiMortgage, Inc., as master servicer, we hereby present and surrender the
[Exchangeable REMIC Certificates] [Exchangeable Certificates] specified on
Schedule I attached hereto (the ["Exchangeable REMIC Certificates"]
["Exchangeable Certificates"]) and transfer, assign, set over and otherwise
convey to the Securities Administrator, all of our right, title and interest in
and to the [Exchangeable REMIC Certificates] [Exchangeable Certificates],
including all payments of interest thereon received after [______], 2006, in
exchange for the [Exchangeable Certificates] [Exchangeable REMIC Certificates]
specified on Schedule I attached hereto (the ["Exchangeable Certificates"]
["Exchangeable REMIC Certificates"]).

We agree that upon such exchange the portions of the [Exchangeable REMIC
Certificates] [Exchangeable Certificates] designated for exchange shall be
deemed cancelled and replaced by the [Exchangeable Certificates] [Exchangeable
REMIC Certificates] issued in exchange therefor. We confirm that we have paid a
fee of $5,000 to the Securities Administrator in connection with such exchange.

                                        Sincerely,

                                        By:
                                            ------------------------------------
                                            Name:
                                            Title:

                                       W-1

Acknowledged by:

WELLS FARGO BANK, N.A.,
   as Securities Administrator

By:
    ----------------------------------
Name:

                                        Title

                                       W-2----------------
                                                                 EXECUTION COPY
                                                                ----------------

                        MORTGAGE LOAN PURCHASE AGREEMENT

      This Mortgage Loan Purchase Agreement (the "Agreement"), dated September
28, 2006, is between Banc of America Funding Corporation, a Delaware corporation
(the "Purchaser") and Bank of America, National Association, a national banking
association (the "Seller").

      WHEREAS, pursuant to (a) the Mortgage Loan Purchase, Warranties and
Servicing Agreement, dated as of January 1, 2005, by and between Seller, as
purchaser, and Chase Home Finance LLC ("CHF"), as seller and as servicer, and
(b) the Assignment, Assumption and Recognition Agreement, dated June 30, 2006,
among J.P. Morgan Mortgage Acquisition Corp., the Seller, JPMorgan Chase Bank,
National Association ("Chase Bank") and CHF (collectively, the "Chase
Agreements," which are attached hereto as Exhibit I), the Seller purchased the
mortgage loans listed on Exhibit II attached hereto (the "Chase Mortgage Loans")
from Chase Bank and CHF, and Chase Bank currently services the Chase Mortgage
Loans;

      WHEREAS, pursuant to (a) that certain Flow Sale and Servicing Agreement,
dated as of February 1, 2004, by and between Seller (as successor in interest to
Banc of America Mortgage Capital Corporation ("BAMCC"), as purchaser, and
SunTrust Mortgage, Inc. ("SunTrust"), as seller, (b) that certain Amendment No.
1, dated as of June 1, 2004, by and between the Seller and SunTrust, (c) that
certain Master Assignment, Assumption and Recognition Agreement, dated September
1, 2004, by and among BAMCC, SunTrust, the Seller and Wachovia Bank, National
Association, (d) that certain Amendment No. 2, dated as of November 1, 2004, by
and between the Seller and SunTrust, (e) that certain Regulation AB Compliance
Addendum to the Flow Sale and Servicing Agreement, dated as of January 1, 2006,
by and between the Seller and SunTrust, (f) that certain Memorandum of Sale,
dated as of May 25, 2006, by and between the Seller and SunTrust, (g) that
certain Memorandum of Sale, dated as of June 9, 2006, by and between the Seller
and SunTrust and (h) that certain Memorandum of Sale, dated as of July 25, 2006,
by and between the Seller and SunTrust (collectively, the "SunTrust
Agreements"), the Seller purchased the mortgage loans listed on Exhibit III (the
"SunTrust Mortgage Loans") from SunTrust and SunTrust currently services the
SunTrust Mortgage Loans;

      WHEREAS, pursuant to (a) that certain Mortgage Loan Purchase and Sale
Agreement (Amended and Restated), dated as of July 1, 2003, by and among
Washington Mutual Bank fsb, Washington Mutual Bank ("WAMU") and Seller (as
successor in interest to BAMCC), as purchaser (as amended by (I) that certain
Master Assignment, Assumption and Recognition Agreement (the "MAAR") dated as of
July 1, 2004, by and among BAMCC, the Seller and WAMU and (II) that certain
Regulation AB Amendment to the Mortgage Loan Purchase and Sale Agreement, dated
as of January 1, 2006, by and among Washington Mutual Bank fsb, WAMU and
Seller), (b) the Servicing Agreement (Amended and Restated), dated as of July 1,
2003, by and between the Seller and WAMU, as servicer (the "Servicer") (as
amended by (I) the MAAR and (II) that certain Regulation AB Amendment to the
Servicing Agreement, dated as of January 1, 2006, by and between WAMU and
Seller), (c) that certain Term Sheet, dated as of May 24, 2006, by and between
the Seller and WAMU and (d) that certain Term Sheet, dated as

of June 21, 2006, by and between the Seller and WAMU (collectively, the "WAMU
Agreements"), the Seller purchased the mortgage loans listed on Exhibit IV (the
"WAMU Mortgage Loans") from WAMU on a servicing retained basis and WAMU
currently services the WAMU Mortgage Loans;

      WHEREAS, pursuant to (a) that certain Second Amended and Restated Master
Seller's Warranties and Servicing Agreement, dated as of May 1, 2006, by and
between Seller, as purchaser, and Wells Fargo Bank, N.A. ("Wells Fargo Bank"),
as seller and servicer, (b) that certain Second Amended and Restated Master
Mortgage Loan Purchase Agreement, dated as of May 1, 2006 (the "Purchase
Agreement"), by and between Seller, as purchaser, and Wells Fargo Bank, as
seller, and (c) that certain Assignment and Conveyance Agreement, dated as of
May 24, 2006 (collectively, the "Wells Fargo Bank Agreements" and together with
the Chase Agreements, the SunTrust Agreements and the WAMU Agreements, the
"Transfer Agreements") the Seller purchased the mortgage loans listed on Exhibit
V (the "Wells Fargo Bank Mortgage Loans" and together with the Chase Mortgage
Loans, the SunTrust Mortgage Loans and the WAMU Mortgage Loans, the "Mortgage
Loans") from Wells Fargo Bank and Wells Fargo Bank currently services the Wells
Fargo Bank Mortgage Loans;

      WHEREAS, the Seller, as of the date hereof, owns the mortgages (the
"Mortgages") on the properties (the "Mortgaged Properties") securing such
Mortgage Loans, including rights (a) to any property acquired by foreclosure or
deed in lieu of foreclosure or otherwise, and (b) to the proceeds of any
insurance policies covering the Mortgage Loans or the Mortgaged Properties or
the obligors on the Mortgage Loans; and

      WHEREAS, the parties hereto desire that the Seller sell the Mortgage Loans
to the Purchaser and the Purchaser purchase the Mortgage Loans from the Seller
pursuant to the terms of this Agreement; and

      WHEREAS, pursuant to the terms of a Pooling and Servicing Agreement, dated
September 28, 2006 (the "Pooling and Servicing Agreement"), among the Purchaser,
as depositor, U.S. Bank National Association, as trustee (the "Trustee"), Wells
Fargo Bank, as securities administrator (the "Securities Administrator") and
CitiMortgage, Inc., as master servicer (the "Master Servicer"), the Purchaser
will convey the Mortgage Loans to Banc of America Funding 2006-6 Trust (the
"Trust").

      NOW, THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereto agree as follows:

      The Purchaser and the Seller hereby recite and agree as follows:

                                        2

      1.    Defined Terms. Terms used without definition herein shall have the
respective meanings assigned to them in the Pooling and Servicing Agreement
relating to the issuance of the Purchaser's Mortgage Pass-Through Certificates,
Series 2006-6 (the "Certificates") or, if not defined therein, in the
underwriting agreement dated September 27, 2006 (the "Underwriting Agreement"),
between the Purchaser and Banc of America Securities LLC, or in the purchase
agreement dated September 28, 2006 (the "Purchase Agreement"), between the
Purchaser and Banc of America Securities LLC.

      2.    Purchase Price; Purchase and Sale. The Seller agrees to sell, and
the Purchaser agrees to purchase, the Mortgage Loans. The purchase price (the
"Purchase Price") for the Mortgage Loans shall consist of $718,202,482.06
payable by the Purchaser to the Seller on the Closing Date in immediately
available funds.

            Upon payment of the Purchase Price, the Seller shall be deemed to
have transferred, assigned, set over and otherwise conveyed to the Purchaser all
the right, title and interest of the Seller in and to the Mortgage Loans and all
Mortgage Files, including all interest and principal received or receivable by
the Seller on or with respect to the Mortgage Loans after the Cut-off Date (and
including scheduled payments of principal and interest due after the Cut-off
Date but received by the Seller on or before the Cut-off Date and Principal
Prepayments received or applied on the Cut-off Date, but not including payments
of principal and interest due on the Mortgage Loans on or before the Cut-off
Date), together with all of the Seller's rights, title and interest in and to
all Mortgaged Property and any related title, hazard, primary mortgage, mortgage
pool policy or other insurance policies including all income, payments, products
and proceeds of any of the foregoing. The Purchaser hereby directs the Seller,
and the Seller hereby agrees, to deliver to the Trustee all documents,
instruments and agreements required to be delivered by the Purchaser to the
Trustee under the Pooling and Servicing Agreement and such other documents,
instruments and agreements as the Purchaser or the Trustee shall reasonably
request.

      3.    Representations and Warranties as to the Mortgage Loans. The
representations and warranties with respect to the Mortgage Loans in the related
Transfer Agreements were made as of the date specified in each such Transfer
Agreement. The Seller's right, title and interest in such representations and
warranties and the remedies in connection therewith have been assigned to the
Purchaser pursuant to (i) the Assignment, Assumption and Recognition Agreement,
dated September 28, 2006, by and among the Seller, the Purchaser, the Trustee,
the Master Servicer, Chase Bank and CHF, (ii) the Assignment, Assumption and
Recognition Agreement, dated September 28, 2006, by and among the Seller, the
Purchaser, the Trustee, the Master Servicer and SunTrust, (iii) the Assignment,
Assumption and Recognition Agreement, dated September 28, 2006, by and among the
Seller, the Purchaser, the Trustee, the Master Servicer, WAMU and WAMU fsb, and
(iv) the Assignment, Assumption and Recognition Agreement, dated September 28,
2006, by and among the Seller, the Purchaser, the Trustee and Wells Fargo Bank.
To the extent that any fact, condition or event with respect to a Mortgage Loan
constitutes a breach of both (i) a representation or warranty of the Underlying
Transferor under the related Transfer Agreement and (ii) a representation or
warranty of the Seller under this Agreement, the only right or remedy of the
Purchaser shall be the right to enforce the obligations of such Underlying
Transferor under any applicable representation or warranty made by it. The
Purchaser acknowledges and agrees that the representations and warranties of the

                                        3

Seller in this Section 3 are applicable only to facts, conditions or events that
do not constitute a breach of any representation or warranty made by a Servicer
in the related Transfer Agreements. The Seller shall have no obligation or
liability with respect to any breach of a representation or warranty made by it
with respect to the Mortgage Loans if the fact, condition or event constituting
such breach also constitutes a breach of a representation or warranty made by a
Servicer in the related Transfer Agreements (other than with respect to the
representations or warranties in Section 3(k), to the extent such
representations and warranties relate to predatory or abusive lending and the
representations and warranties in Section 3(o) below), without regard to whether
each Servicer fulfills its contractual obligations in respect of such
representation or warranty. Subject to the foregoing, the Seller represents and
warrants with respect to the Mortgage Loans, or each Mortgage Loan, as the case
may be, as of the date hereof or such other date set forth herein, that as of
the Closing Date:

            (a)   The information set forth with respect to the Mortgage Loans
on the mortgage loan schedules attached hereto as Exhibit II, Exhibit III,
Exhibit IV and Exhibit V (the "Mortgage Loan Schedules") provides an accurate
listing of the Mortgage Loans, and the information with respect to each Mortgage
Loan on the related Mortgage Loan Schedule is true and correct in all material
respects at the date or dates respecting which such information is given;

            (b)   No Mortgage Loan is more than 30 days delinquent as of the
Cut-off Date. The Seller has not waived any default, breach, violation or event
of acceleration, and the Seller has not taken any action to waive any default,
breach, violation or even of acceleration, with respect to any Mortgage Loan;

            (c)   There are no delinquent taxes, assessments that could become a
lien prior to the related Mortgage or insurance premiums affecting the related
Mortgaged Property;

            (d)   With respect to each Mortgage Loan, the related Mortgage has
not been satisfied, canceled, subordinated or rescinded, in whole or in part,
and the related Mortgaged Property has not been released from the lien of the
Mortgage, in whole or in part, nor has any instrument been executed that would
effect any such satisfaction, cancellation, subordination, recission or release;

            (e)   With respect to each Mortgage Loan, there is no material
default, breach, violation or event of acceleration existing under any Mortgage
or the related Mortgage Note and no event which, with the passage of time or
with notice and the expiration of any grace or cure period, would constitute a
material default, breach, violation or event of acceleration, and neither the
Seller nor its predecessors have waived any material default, breach, violation
or event of acceleration;

            (f)   With respect to each Mortgage Loan, the related Mortgaged
Property is free of material damage that would affect adversely the value of the
Mortgaged Property as security for the Mortgage Loan or the use for which the
premises were intended;

            (g)   With respect to each Mortgage Loan, to the best of the
Seller's knowledge, there is no proceeding pending for the total or partial
condemnation of the Mortgaged Property;

                                        4

            (h)   With respect to each Mortgage Loan, the related Mortgaged
Property is lawfully occupied under applicable law; all inspections, licenses
and certificates required to be made or issued with respect to all occupied
portions of each Mortgaged Property and, with respect to the use and occupancy
of the same, including but not limited to certificates of occupancy, have been
made or obtained from the appropriate authorities, except where the failure
would not have a material adverse effect upon the Mortgage Loan;

            (i)   No Mortgage Loan is in foreclosure;

            (j)   Each Mortgage Loan is a "qualified mortgage" within the
meaning of Section 860G of the Code and Treas. Reg ss. 1.860G-2;

            (k)   Any and all requirements of any federal, state or local law
including, without limitation, usury, truth in lending, real estate settlement
procedures, consumer credit protections, all applicable predatory and abusive
lending laws, equal credit opportunity or disclosure laws applicable to the
origination and servicing of each Mortgage Loan have been complied with;

            (l)   Except with respect to each Mortgage Loan for which the
related Mortgage is recorded in the name of MERS, the Seller is the sole owner
of record and holder of the Mortgage Loan. With respect to each Mortgage Loan,
the related Mortgage Note and the Mortgage are not assigned or pledged, and the
Seller has good and marketable title thereto and has full right and authority to
transfer and sell the Mortgage Loan to the Purchaser. The Seller is transferring
the Mortgage Loan free and clear of any and all encumbrances, liens, pledges,
equities, participation interests, claims, agreements with other parties to sell
or otherwise transfer the Mortgage Loan, charges or security interests of any
nature encumbering such Mortgage Loan;

            (m)   With respect to each Mortgage Loan, the terms of the Mortgage
Note and Mortgage have not been impaired, waived, altered or modified in any
respect, except by a written instrument which has been recorded, if necessary,
to protect the interests of the Purchaser and maintain the lien priority of the
Mortgage and which has been delivered to the Purchaser or its designee. The
substance of any such waiver, alteration or modification has been approved by
the title insurer, to the extent required by the policy, and its terms are
reflected on the related Mortgage Loan Schedule. No instrument of waiver,
alteration or modification has been executed, and no Mortgagor has been
released, in whole or in part, except in connection with an assumption agreement
approved by the title insurer, to the extent required by the policy, and which
assumption agreement is part of the Mortgage File delivered to the Purchaser or
its designee and the terms of which are reflected on the related Mortgage Loan
Schedule;

            (n)   The Seller has not dealt with any broker, investment banker,
agent or other Person (other than the Purchaser and Banc of America Securities
LLC) who may be entitled to any commission or compensation in connection with
the sale of the Mortgage Loans;

            (o)   No Mortgage Loan is a High Cost Loan or Covered Loan, as
applicable (as such terms are defined in S&P's LEVELS(R) Glossary, which is now
Version 5.7, Appendix

                                        5

E) and no Mortgage Loan originated on or after October 1, 2002 through March 6,
2003 is governed by the Georgia Fair Lending Act;

            (p)   The hazard insurance policy on each Mortgage Loan has been
validly issued and is in full force and effect, and will be in full force and
effect and inure to the benefit of the Purchaser upon the consummation of the
transactions contemplated by this Agreement;

            (q)   With respect to each Mortgage Loan, each Mortgage evidences a
valid, subsisting, enforceable and perfected first lien on the related Mortgaged
Property (including all improvements on the Mortgaged Property). The lien of the
Mortgage is subject only to: (1) liens of current real property taxes and
assessments not yet due and payable and, if the related Mortgaged Property is a
condominium unit, any lien for common charges permitted by statute, (2)
covenants, conditions and restrictions, rights of way, easements and other
matters of public record as of the date of recording of such Mortgage acceptable
to mortgage lending institutions in the area in which the related Mortgaged
Property is located and specifically referred to in the lender's title insurance
policy or attorney's opinion of title and abstract of title delivered to the
originator of such Mortgage Loan, and (3) such other matters to which like
properties are commonly subject which do not, individually or in the aggregate,
materially interfere with the benefits of the security intended to be provided
by the Mortgage. Any security agreement, chattel mortgage or equivalent document
related to, and delivered to the Trustee in connection with, a Mortgage Loan
establishes a valid, subsisting and enforceable first lien on the property
described therein and the Seller has, and the Purchaser will have, the full
right to sell and assign the same to the Trustee;

            (r)   With respect to any Mortgage Loan covered by a title insurance
policy, the originator is the sole insured of such mortgagee title insurance
policy, such mortgagee title insurance policy is in full force and effect and
will inure to the benefit of the Purchaser upon the consummation of the
transactions contemplated by this Agreement, no claims have been made under such
mortgagee title insurance policy and no prior holder of the related Mortgage,
including the Seller, has done, by act or omission, anything that would impair
the coverage of such mortgagee title insurance policy; and

            (s)   With respect to each Mortgage Loan, there are no mechanics' or
similar liens or claims which have been filed for work, labor or material (and
no rights are outstanding that under the law could give rise to such liens)
affecting the related Mortgaged Property which are or may be liens prior to, or
equal or coordinate with, the lien of the related Mortgage.

      Notwithstanding the foregoing, with respect to the Mortgage Loans, no
representations or warranties are made by the Seller as to the environmental
condition of any related Mortgaged Property; the absence, presence or effect of
hazardous wastes or hazardous substances on any related Mortgaged Property; any
casualty resulting from the presence or effect of hazardous wastes or hazardous
substances on, near or emanating from any related Mortgaged Property; the impact
on Certificateholders of any environmental condition or presence of any
hazardous substance on or near any related Mortgaged Property; or the compliance
of any related Mortgaged Property with any environmental laws, nor is any agent,
Person or entity otherwise affiliated with the Seller authorized or able to make
any such representation, warranty or assumption of liability relative to any
related Mortgaged Property. In addition, no

                                        6

representations or warranties are made by the Seller with respect to the absence
or effect of fraud in the origination of any Mortgage Loan.

      The Seller hereby agrees that any cure of a breach of such representations
and warranties shall be in accordance with the terms of the Pooling and
Servicing Agreement.

      4.    No Broker's Fees. The Seller hereby represents and warrants to the
Purchaser that the Seller has not dealt with any broker, investment banker,
agent or other Person (other than the Purchaser and Banc of America Securities
LLC) who may be entitled to any commission or compensation in connection with
the sale of the Mortgage Loans.

      5.    Repurchase or Substitution. Upon discovery by the Seller, the
Purchaser, the Trustee or any assignee, transferee or designee of the Trustee of
a missing or defective document in the Mortgage File, as provided in Section 2
of this Agreement or the Pooling and Servicing Agreement or a breach of any of
the representations and warranties set forth in Section 3 (to the extent
provided therein) that materially and adversely affects the value of any
Mortgage Loan or the interest therein of the Purchaser or the Purchaser's
assignee, the party discovering such breach shall give prompt written notice to
the others. Within 90 days after the earlier of the Seller's discovery or
receipt of notification of such missing or defective document or breach of a
representation and warranty (notwithstanding the Seller's lack of knowledge with
respect to the substance of such representation and warranty), the Seller shall
promptly cure such breach in all material respects, or in the event such missing
or defective document or breach cannot be cured, the Seller shall repurchase the
affected Mortgage Loan. Alternatively, the Seller hereby agrees (notwithstanding
the Seller's lack of knowledge with respect to the substance of such
representation and warranty), if so requested by the Purchaser, to substitute
for any such Mortgage Loan, a new mortgage loan having characteristics such that
the representations and warranties referred to in Section 3 (to the extent
provided therein) above would not have been incorrect (except for
representations and warranties as to the correctness of the related Mortgage
Loan Schedule) had such substitute mortgage loan originally been a Mortgage
Loan. The Seller further agrees that a substituted mortgage loan will have on
the date of substitution the criteria set forth in the definition of "Substitute
Mortgage Loan" in the Pooling and Servicing Agreement and will comply with the
substitution provisions of Section 2.02 of the Pooling and Servicing Agreement.
The Seller shall remit to the Purchaser, in cash, the difference between the
unpaid principal balance of the Mortgage Loan to be substituted and the unpaid
principal balance of the substitute mortgage loan.

            If the breach of the representation set forth in clauses (k) and (o)
of Section 3 herein occurs as a result of a violation of an applicable predatory
or abusive lending law, the Seller agrees to reimburse the Purchaser for all
costs and damages incurred by the Purchaser as a result of the violation of such
law; provided that, the Seller has no obligation to reimburse the Purchaser for
any such costs and damages that are reimbursed by a Servicer.

            The Purchaser acknowledges and agrees that it shall have no rights
against the Seller under this Section 5, except with respect to the preceding
paragraph, if the breach of any representation or warranty also constitutes a
breach of a representation or warranty made by a Servicer under the related
Transfer Agreement, but shall instead enforce its rights against such Servicer.

                                        7

      6.    Underwriting.

            (a)   The Seller hereby agrees to furnish any and all information,
documents, certificates, letters or opinions with respect to the mortgage loans,
reasonably requested by the Purchaser in order to perform any of its obligations
or satisfy any of the conditions on its part to be performed or satisfied
pursuant to the Underwriting Agreement or the Purchase Agreement at or prior to
the Closing Date.

            (b)   For so long as the Securities Administrator is required to
file any report with the Commission pursuant to Section 3.22 of the Pooling and
Servicing Agreement, the Seller shall furnish to the Securities Administrator,
on the first Business Day of each calendar month, the "significance estimate" of
the Yield Maintenance Agreement calculated in accordance with Item 1115 of
Regulation AB as of the last Business Day of the immediately preceding calendar
month.

      7.    Costs. The Purchaser shall pay all expenses incidental to the
performance of its obligations under the Underwriting Agreement and the Purchase
Agreement, including without limitation (i) any recording fees or fees for title
policy endorsements and continuations, (ii) the expenses of preparing, printing
and reproducing the Prospectus, the Prospectus Supplement, the Underwriting
Agreement, the Private Placement Memorandum, the Purchase Agreement, the Pooling
and Servicing Agreement and the Certificates and (iii) the cost of delivering
the Certificates to the offices of or at the direction of Banc of America
Securities LLC insured to the satisfaction of Banc of America Securities LLC.

      8.    Notices. All demands, notices and communications hereunder shall be
in writing, shall be effective only upon receipt and shall, if sent to the
Purchaser, be addressed to it at Banc of America Funding Corporation, 214 North
Tryon Street, Charlotte, North Carolina, 28255, Attention: General Counsel with
a copy to the Chief Financial Officer, or if sent to the Seller, be addressed to
it at Bank of America, National Association, 100 North Tryon Street, Charlotte,
North Carolina, 28255, Attention: General Counsel with a copy to the Treasurer.

      9.    Trustee Assignee. The Seller acknowledges the assignment of the
Purchaser's rights hereunder to the Trustee on behalf of the Trust and that the
representations, warranties and agreements made by the Seller in this Agreement
may be enforced by the Trustee, on behalf of the Trust, against the Seller.

      10.   Recharacterization. The parties to this Agreement intend the
conveyance by the Seller to the Purchaser of all of its right, title and
interest in and to the Mortgage Loans and all Mortgage Files, including all
interest and principal received or receivable by the Seller on or with respect
to the Mortgage Loans after the Cut-off Date (and including scheduled payments
of principal and interest due after the Cut-off Date but received by the Seller
on or before the Cut-off Date and Principal Prepayments received or applied on
the Cut-off Date, but not including payments of principal and interest due on
the Mortgage Loans on or before the Cut-off Date), together with all of the
Seller's rights, title and interest in and to all Mortgaged Property and any
related title, hazard, primary mortgage, mortgage pool policy or other insurance
policies including all income, payments, products and proceeds of any of the
foregoing, pursuant to this Agreement to constitute a purchase and sale and not
a loan. Notwithstanding the foregoing, to

                                        8

the extent that such conveyance is held not to constitute a sale under
applicable law, it is intended that this Agreement shall constitute a security
agreement under applicable law and that the Seller shall be deemed to have
granted to the Purchaser a first priority security interest in all of the
Seller's right, title and interest in and to the Mortgage Loans.

      11.   Miscellaneous. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York without regard to the conflict
of law provisions. Neither this Agreement nor any term hereof may be changed,
waived, discharged or terminated except by a writing signed by the party against
whom enforcement of such change, waiver, discharge or termination is sought.
This Agreement may not be changed in any manner which would have a material
adverse effect on Holders of Certificates without the prior written consent of
the Trustee. The Trustee shall be protected in consenting to any such change to
the same extent provided in Article IX of the Pooling and Servicing Agreement.
This Agreement may be signed in any number of counterparts, each of which shall
be deemed an original, which taken together shall constitute one and the same
instrument. This Agreement shall bind and inure to the benefit of and be
enforceable by the Purchaser and the Seller and their respective successors and
assigns.

                                        9

      IN WITNESS WHEREOF, the Purchaser and the Seller have caused this
Agreement to be duly executed by their respective officers as of the day and
year first above written.

                                         BANC OF AMERICA FUNDING CORPORATION

                                         By:    /s/ Scott Evans
                                             -----------------------------------
                                         Name:  Scott Evans
                                         Title: Senior Vice President

                                         BANK OF AMERICA, NATIONAL ASSOCIATION

                                         By:    /s/ Bruce W. Good
                                            ------------------------------------
                                         Name:  Bruce W. Good
                                         Title: Principal

      [Signature Page to the BAFC 2006-6 Mortgage Loan Purchase Agreement]

                                    EXHIBIT I

                                CHASE AGREEMENTS

                                       I-1

                                                               EXECUTION VERSION

                       ASSIGNMENT AND ASSUMPTION AGREEMENT

            THIS ASSIGNMENT AND ASSUMPTION AGREEMENT, dated June 30, 2006, (the
"Agreement") among J.P. Morgan Mortgage Acquisition Corp., ("Assignor"), Bank of
America, National Association, ("Assignee"), JPMorgan Chase Bank, National
Association ("JPM" and a "Company") and Chase Home Finance LLC ("CHF" and a
"Company" and together with JPM the "Companies"):

                                    RECITALS

            The Assignor and the Companies are parties to that certain Flow
Mortgage Loan Purchase, Warranties and Servicing Agreement, dated as of May 1,
2004, as amended by Amendment No. 1, dated as of January 1, 2005, Amendment No.
2, dated as of December 1, 2005, Amendment Reg AB, dated as of January 1, 2006
and as amended from time to time (the "Purchase, Warranties and Servicing
Agreement"), which is attached hereto as Exhibit A;

            The Assignor desires to grant, transfer and assign to the Assignee
all of the right, title and interest of Assignor, as Purchaser, in, to and under
(a) those certain Mortgage Loans listed on Exhibit B attached hereto (the
"Mortgage Loans") and (b) the Purchase, Warranties and Servicing Agreement with
respect to the Mortgage Loans;

            CHF and the Assignee are parties to that certain Mortgage Loan
Purchase, Warranties and Servicing Agreement (the "MLPWA"), dated as of January
1, 2005, and JPM, CHF and the Assignee are parties to that certain Amendment Reg
AB (the "Amendment Reg AB") dated as of January 1, 2006, each as amended from
time to time, which are attached hereto as Exhibit C and the terms of which are
incorporated by reference for the purposes provided herein and made a part
hereof;

            The Assignor and the Companies have agreed to make certain
representations and warranties with respect to the Mortgage Loans in accordance
with the MLPWA; and

            The Assignee desires that JPM service the Mortgage Loans in
accordance with terms of the MLPWA;

            Accordingly, for and in consideration of the sum of TEN DOLLARS
($10.00) and other valuable consideration, the receipt and sufficiency of which
hereby are acknowledged, and of the mutual covenants herein contained, the
parties hereto hereby agree as follows:

            I.      Assignment.

            (a)     The Assignor hereby grants, transfers and assigns to
      Assignee all of the right, title and interest of Assignor, as Purchaser,
      in, to and under (i) the Mortgage Loans and (ii) the Purchase, Warranties
      and Servicing Agreement, with respect to the Mortgage Loans. The Assignee
      shall be entitled to all scheduled payments due on the Mortgage Loans
      after June 1, 2006 (the "Assigned Loans Cut-off Date") and all unscheduled

      payments or other proceeds or other recoveries on the Mortgage Loans
      received on and after the Assigned Loans Cut-off Date.

            (b)     The Assignor specifically reserves and does not assign to
      the Assignee hereunder any and all right, title and interest in, to and
      under and all obligations of the Assignor with respect to any mortgage
      loans subject to the Purchase, Warranties and Servicing Agreement which
      are not the Mortgage Loans set forth on Exhibit B attached hereto and are
      not the subject of this Agreement.

            II.     Assignor Representations and Warranties. The Assignor
warrants and represents to, and covenants with, the Assignee that:

            (a)     The Assignor is a corporation duly organized, validly
      existing and in good standing under the laws of Delaware and has all
      licenses necessary to carry out its business as now being conducted, and
      is licensed and qualified to transact business in each state in which any
      Mortgaged Property is located or is otherwise exempt under applicable law
      from such licensing or qualification or is otherwise not required under
      applicable law to effect such licensing or qualification and no demand for
      such licensing or qualification has been made upon such Assignor by any
      such state, and in any event such Assignor is in compliance with the laws
      of any such state to the extent necessary to ensure the enforceability of
      each Mortgage Loan;

            (b)     The Assignor has the full power and authority and legal
      right to hold, transfer and convey each Mortgage Loan, to sell each
      Mortgage Loan and to execute, deliver and perform, and to enter into and
      consummate all transactions contemplated by this Agreement and to conduct
      its business as presently conducted, has duly authorized the execution,
      delivery and performance of this Agreement and any agreements contemplated
      hereby, has duly executed and delivered this Agreement, and any agreements
      contemplated hereby, and this Agreement constitutes a legal, valid and
      binding obligation of the Assignor, enforceable against it in accordance
      with its terms, and all requisite corporate action has been taken by the
      Assignor to make this Agreement and all agreements contemplated hereby
      valid and binding upon the Assignor in accordance with their terms;

            (c)     None of the execution and delivery of this Agreement, the
      sale of the Mortgage Loans to the Assignee, the consummation of the
      transactions contemplated hereby, or the fulfillment of or compliance with
      the terms and conditions of this Agreement will conflict with any of the
      terms, conditions or provisions of the Assignor's charter or by laws or
      materially conflict with or result in a material breach of any of the
      terms, conditions or provisions of any legal restriction or any agreement
      or instrument to which the Assignor is now a party or by which it is
      bound, or constitute a default or result in an acceleration under any of
      the foregoing, or result in the material violation of any law, rule,
      regulation, order, judgment or decree to which the Assignor or its
      property is subject or impair the ability of the Assignee to realize on
      the Mortgage Loans or impair the value of the Mortgage Loans;

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            (d)     There is no litigation, suit, proceeding or investigation
      pending or threatened, or any order or decree outstanding, with respect to
      the Assignor which is reasonably likely to have a material adverse effect
      on the sale of the Mortgage Loans, the execution, delivery, performance or
      enforceability of this Agreement, or which is reasonably likely to have a
      material adverse effect on the financial condition of the Assignor;

            (e)     No consent, approval, authorization or order of any court or
      governmental agency or body is required for the execution, delivery and
      performance by the Assignor of or compliance by the Assignor with this
      Agreement, except for consents, approvals, authorizations and orders which
      have been obtained;

            (f)     The consummation of the transactions contemplated by this
      Agreement is in the ordinary course of business of the Assignor, and the
      transfer, assignment and conveyance of the Mortgage Notes and the
      Mortgages by the Assignor pursuant to this Agreement are not subject to
      bulk transfer or any similar statutory provisions in effect in any
      applicable jurisdiction;

            (g)     The Assignor used no adverse selection procedures in
      selecting from among the outstanding first lien residential mortgage loans
      owned by it which were available for inclusion in the sale to Assignee;

            (h)     The Assignor will treat the sale of the Mortgage Loans to
      the Assignee as a sale for reporting and accounting purposes and, to the
      extent appropriate, for federal income tax purposes;

            (i)     The Assignor does not believe, nor does it have any cause or
      reason to believe, that it cannot perform each and every covenant
      contained in this Agreement. The Assignor is solvent and the sale of the
      Mortgage Loans will not cause the Assignor to become insolvent. The sale
      of the Mortgage Loans is not undertaken with the intent to hinder, delay
      or defraud any of the Assignor's creditors;

            (j)     The Assignor has not dealt with any broker, investment
      banker, agent or other person that may be entitled to any commission or
      compensation in connection with the sale of the Mortgage Loans;

            (k)     No statement, tape, diskette, form, report or other document
      (the "Delivered Items") prepared by, or on behalf of, Assignor (other than
      Delivered Items prepared by or on behalf of the Companies) pursuant to
      this Agreement or in connection with the transactions contemplated hereby,
      contains or will contain any statement that is or will be inaccurate or
      misleading in any material respect; and

            (l)     (i) attached hereto as Exhibit A is a true, accurate and
      complete copy of the Purchase, Warranties and Servicing Agreement, (ii)
      such agreement is in full force and effect as of the date hereof, (iii)
      such agreement has not been amended or modified in

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      any respect and (iv) no notice of termination has been given to such party
      under such agreement.

            III.    Holding Period Representations and Warranties.

            (a)     The Assignor further warrants and represents to the Assignee
      that with respect to each of the Mortgage Loans, each representation and
      warranty set forth in Section 3.02 of the MLPWA is deemed to be made as of
      the date hereof and is true and correct in all material respects with
      respect to the period of time (in each case the "Holding Period")
      following the date on which each Company sells the Mortgage Loans to the
      Assignor, which shall be such dates as noted on Exhibit B (the "Company
      Closing Date") up to and including the date on which the Assignor assigns
      the Mortgage Loans to the Assignee, which shall be June 30, 2006 (the
      "Assignment Closing Date"), but only to the extent that such
      representation or warranty was true and correct when made by the Companies
      on the applicable Company Closing Date. In the event that the Assignee or
      the Assignor discovers a breach of a representation or warranty with
      respect to a Mortgage Loan arising during the related Holding Period,
      which materially and adversely affects the value of such Mortgage Loan or
      the interest of the Assignee therein, the party discovering such breach
      shall give prompt written notice to the other parties hereto and provide
      the Assignor with evidence of such breach, and the Assignor shall have 90
      days following the discovery or receipt of notice of such breach in which
      to cure such breach or repurchase the affected Mortgage Loan. Subject to
      subparagraph (b) below, if the Assignor is unable to cure such breach,
      then the Assignor shall promptly repurchase each affected Mortgage Loan at
      the Repurchase Price (as defined below). For purposes of making certain
      representations and warranties contemplated in this section, each
      reference in Section 3.02 of the MLPWA (i) to the "Cut-off Date" shall be
      deemed to be a reference to the Assigned Loans Cut-off Date, (ii) to the
      "Mortgage Loan Schedule" shall be deemed to be a reference to Exhibit B
      attached hereto and (iii) to the "Closing Date" shall be deemed to be a
      reference to the date hereof.

            (b)     The "Repurchase Price" with respect to any affected Mortgage
      Loan shall be an amount equal to (a) the Purchase Price Percentage,
      multiplied by the outstanding principal balance of such affected Mortgage
      Loan as of the date of such repurchase, plus (b) accrued and unpaid
      interest on such affected Mortgage Loan to but not including the date of
      such repurchase, less (c) the amount of any unreimbursed principal or
      interest advances, if any, owed to the servicer with respect to such
      Mortgage Loan; provided, however, that in the event such breach
      constitutes a breach of Section 3.02(uu) of the MLPWA, then the Repurchase
      Price shall also include any costs and damages incurred by the Assignor or
      its assigns as a result of such breach. The Repurchase Price shall be paid
      by the Assignor by wire transfer to the Assignee to an account designated
      by the Assignee. The "Purchase Price Percentage" shall be the percentage
      set forth in that certain Purchase Price and Terms Letter dated as of May
      24, 2006 between the Assignor and the Assignee (the "PPTL").

            (c)     Contemporaneously with the Assignor's repurchase of any
      affected Mortgage Loan (each, a "Repurchased Mortgage Loan") from the
      Assignee pursuant to

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      subparagraph (b) above, the Assignee shall reconvey such Repurchased
      Mortgage Loan to the Assignor by delivering to the Assignor or the
      Assignor's designee, the mortgage note endorsed in blank, the mortgage,
      the assignment of mortgage in blank and such other documents delivered to
      the Assignee in connection with the Assignee's purchase thereof, and by
      executing an assignment and assumption agreement, conveying the Assignee's
      rights to such Repurchased Mortgage Loan and any related rights under the
      Purchase, Warranties and Servicing Agreement to which such Mortgage Loan
      is subject and under this Agreement. In the event of a repurchase, the
      Companies shall service such Repurchased Mortgage Loan in accordance with
      the terms of the Purchase, Warranties and Servicing Agreement from the
      date of the repurchase. In such event, the Assignee hereby agrees to
      reassign the Purchase, Warranties and Servicing Agreement to the Assignor
      with respect to such Repurchased Mortgage Loan and the Assignor shall
      succeed to the rights of the Assignee to enforce the obligations of the
      Companies, as applicable, to cure such breach or repurchase such Mortgage
      Loan under the terms of the Purchase, Warranties and Servicing Agreement
      with respect to such Repurchased Mortgage Loan.

            IV.     Assignee Representations and Warranties. The Assignee
warrants and represents to, and covenants with, the Assignor and each Company
that:

            (a)     The Assignee agrees to be bound, as Purchaser, by all of the
      terms, covenants and conditions of the Purchase, Warranties and Servicing
      Agreement and the Mortgage Loans, and from and after the date hereof, the
      Assignee assumes for the benefit of each of the Companies and the Assignor
      all of the Assignor's obligations as Purchaser thereunder, with respect to
      the Mortgage Loans;

            (b)     The Assignee understands that the Mortgage Loans have not
      been registered under the 1933 Act or the securities laws of any state;

            (c)     The purchase price being paid by the Assignee for the
      Mortgage Loans is in excess of $250,000 and will be paid by cash
      remittance of the full purchase price within sixty (60) days of the sale;

            (d)     The Assignee is acquiring the Mortgage Loans for investment
      for its own account only and not for any other person;

            (e)     The Assignee considers itself a substantial, sophisticated
      institutional investor having such knowledge in financial and business
      matters that it is capable of evaluating the merits and the risks of
      investment in the Mortgage Loans;

            (f)     The Assignee has been furnished with all information
      regarding the Mortgage Loans that it has requested from the Assignor or
      the Companies;

            (g)     Neither the Assignee nor anyone acting on its behalf has
      offered, transferred, pledged, sold or otherwise disposed of the Mortgage
      Loans, an interest in the Mortgage Loans or any other similar security to,
      or solicited any offer to buy or accept a

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      transfer, pledge or other disposition of the Mortgage Loans, any interest
      in the Mortgage Loans or any other similar security from, or otherwise
      approached or negotiated with respect to the Mortgage Loans, any interest
      in the Mortgage Loans or any other similar security with, any person in
      any manner, or made any general solicitation by means of general
      advertising or in any other manner, or taken any other action which would
      constitute a distribution of the Mortgage Loans under the 1933 Act or
      which would render the disposition of the Mortgage Loans a violation of
      Section 5 of the 1933 Act or require registration pursuant thereto, nor
      will it act, nor has it authorized or will it authorize any person to act,
      in such manner with respect to the Mortgage Loans; and

            (h)     Either: (1) the Assignee is not an employee benefit plan
      ("Plan") within the meaning of section 3(3) of the Employee Retirement
      Income Security Act of 1974, as amended ("ERISA") or a plan (also "Plan")
      within the meaning of section 4975(e)(1) of the Internal Revenue Code of
      1986 ("Code"), and the Assignee is not directly or indirectly purchasing
      the Mortgage Loans on behalf of, investment manager of, as named fiduciary
      of, as trustee of, or with assets of, a Plan; or (2) the Assignee's
      purchase of the Mortgage Loans will not result in a prohibited transaction
      under section 406 of ERISA or section 4975 of the Code.

            V.      Company Representations and Warranties.

            (a)     Each Company hereby makes the representations and warranties
      set forth in Sections 3.01 and 3.02 of the MLPWA as of the applicable
      Company Closing Date. The Assignee shall be entitled to all of the rights
      and remedies of the Purchaser (as defined in the MLPWA) under the MLPWA
      for a breach of any of the representations and warranties made by each
      Company herein.

            (b)     Each Company represents and warrants to the Assignee that
      (i) attached hereto as Exhibit A is a true, accurate and complete copy of
      the Purchase, Warranties and Servicing Agreement, (ii) such agreement is
      in full force and effect as of the date hereof, (iii) such agreement has
      not been amended or modified in any respect and (iv) no notice of
      termination has been given to such party under such agreement.

            VI.     Servicing. JPM hereby agrees that from and after the
Assignment Closing Date it shall note the transfer of the applicable Mortgage
Loans to the Assignee in its books and records and service the applicable
Mortgage Loans in accordance with the terms of the MLPWA (including without
limitation Articles IV through XII as they relate to the servicing and
reconstitution of the Mortgage Loans). The Assignee shall be entitled to all of
the rights and remedies of the Purchaser (as defined in the MLPWA) under the
MLPWA for any failure of JPM to service the Mortgage Loans in accordance with
the terms of the MLPWA. The Assignee, JPM or CHF hereby agree that from and
after the Assignment Closing Date, such parties will be bound by the Amendment
Reg AB with respect to the Mortgage Loans and the Amendment Reg AB shall be
applicable to the Mortgage Loans. The Assignee shall be entitled to all of its
rights and remedies under the Amendment Reg AB for any failure of JPM or CHF to
perform under the Amendment Reg AB with respect to the Mortgage Loans and JPM or
CHF shall be entitled to all of the rights and remedies of such respective party
under the Amendment Reg AB for any failure

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of the Assignee to perform under the Amendment Reg AB with respect to the
Mortgage Loans. An account has been established as a Custodial Account pursuant
to Section 4.04 of the MLPWA, designated as "Chase Home Finance LLC, as
subservicer for JPMorgan Chase Bank, National Association, in trust for Bank of
America, National Association, owner of various whole loan series P&I." Another
separate account has been established as an Escrow Account pursuant to Section
4.06 of the MLPWA, designated as "Chase Home Finance LLC, as subservicer for
JPMorgan Chase Bank, National Association, in trust for Bank of America,
National Association, owner of various whole loan series and various mortgagors
T&I."

            VII.    Delivery of the Mortgage Files. The parties hereby agree
that the Companies are required to deliver the mortgage files with respect to
the Mortgage Loans in accordance with the terms of the Purchase, Warranties and
Servicing Agreement; provided, however, that the Companies agree that they will
deliver the mortgage files with respect to the Mortgage Loans in accordance with
the terms of the MLPWA within thirty (30) days following the applicable Company
Closing Date (the "Document Delivery Period"). To the extent that the Companies
fail to deliver the mortgage files to the Assignee as required by the end of the
Document Delivery Period, then the Assignee shall be entitled to all the rights
and remedies of the Purchaser (as defined in the MLPWA) under the MLPWA.

            VIII.   No Waiver. No term or provision of this Agreement may be
waived or modified unless such waiver or modification is in writing and signed
by the party against whom such waiver or modification is sought to be enforced.

            IX.     Assignment. This Agreement shall inure to the benefit of the
successors and assigns of the parties hereto. Any entity into which Assignor,
Assignee or any Company may be merged or consolidated shall, without the
requirement for any further writing, be deemed Assignor, Assignee or a Company,
respectively, hereunder.

            X.      Survival. Each of this Agreement, the Purchase, Warranties
and Servicing Agreement and the MLPWA shall survive the conveyance of the
Mortgage Loans and the assignment of the Purchase, Warranties and Servicing
Agreement (to the extent assigned hereunder) by Assignor to Assignee.

            XI.     Counterparts. This Agreement may be executed simultaneously
in any number of counterparts. Each counterpart shall be deemed to be an
original and all such counterparts shall constitute one and the same instrument.

            XII.    Conflicts. In the event that any of the provisions of this
Agreement, the Purchase, Warranties and Servicing Agreement or the MLPWA
conflict, the agreements shall control in the following order of priority:
first, the terms of this Agreement, second, the terms of the MLPWA and third,
the terms of the Purchase, Warranties and Servicing Agreement.

            XIII.   Defined Terms. Except as expressly provided in the
succeeding sentence, capitalized terms used in this Agreement (including the
exhibits hereto) but not defined in this Agreement shall have the meanings given
to such terms in the Purchase, Warranties and Servicing Agreement. To the extent
that provisions of the MLPWA are referred to or

                                        7

incorporated by reference herein, all capitalized terms used therein and defined
therein shall be deemed incorporated herein as well.

            XIV.    Joint and Several. Each Company shall be jointly and
severally liable for the full, complete and punctual performance and
satisfaction of all obligations of either Company under this Agreement.
Accordingly, each Company waives any and all notice of creation, renewal,
extension or accrual of any of the obligations and notice of or proof of
reliance by the Assignor or the Assignee upon such Company's joint and several
liability. Each Company waives diligence, presentment, protest, demand for
payment and notice of default or nonpayment to or upon such Company with respect
to the obligations. When pursuing its rights and remedies hereunder against
either Company, the Assignor or the Assignee may, but shall be under no
obligation, to pursue such rights and remedies hereunder against either Company
or any other Person or against any collateral security for the obligations or
any right of offset with respect thereto, and any failure by the Assignor or the
Assignee to pursue such other rights or remedies or to collect any payments from
such Company or any such other Person to realize upon any such collateral
security or to exercise any such right of offset, or any release of such Company
or any such other Person or any such collateral security, or right of offset,
shall not relieve such Company of any liability hereunder, and shall not impair
or affect the rights and remedies, whether express, implied or available as a
matter of law, of the Assignor or the Assignee against such Company.

            XV.     CHOICE OF LAW. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS
OF LAW PRINCIPLES, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

            XVI.    Notices. Addresses for purposes of all notices and
correspondence related to the Mortgage Loans and this Agreement is:

            In the case of the Assignor:

                    J.P. Morgan Mortgage Acquisition Corp.
                    270 Park Avenue
                    6th Floor
                    New York, New York 10017
                    Attention: Jonathan Davis
                    Telephone: 212-834-3850
                    Facsimile: 212-834-6591

                    With a copy to:

                    JPMorgan Chase & Co.
                    270 Park Avenue
                    New York, New York 10017
                    Attention: General Counsel's Office

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            In the case of the Assignee:

                    Bank of America, National Association
                    Hearst Tower
                    NCI-027-21-04
                    214 North Tryon Street, 21st Floor
                    Charlotte, NC  28255

                    Attention: Managing Director

            In the case of JPM:

                    JPMorgan Chase Bank, National Association
                    300 Tice Boulevard
                    Woodcliff Lake, NJ 07677
                    Attention: Michael D. Katz

                    With copy to:

                    General Counsel
                    JPMorgan Chase Bank, National Association
                    194 Wood Ave.
                    Iselin, NJ 08830

            In the case of CHF:

                    300 Tice Boulevard
                    Woodcliff Lake, NJ 07677
                    Attention: Michael D. Katz

                    With copy to:

                    General Counsel
                    Chase Home Finance LLC
                    194 Wood Avenue
                    Iselin, NJ 08830

                            [Signature Page Follows]

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            IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed by their duly authorized officers as of the date first above written.

--------------------------------------------------------------------------------
J.P. Morgan Mortgage Acquisition Corp.     Bank of America, National Association

--------------------------------------------------------------------------------

By: /s/ Brian L. Simons                    By: /s/ Bruce W. Good
Its: Vice President                        Its: Vice President

--------------------------------------------------------------------------------

Taxpayer Identification                    Taxpayer Identification
Number: 45-0483381                         Number: 94-1687665

--------------------------------------------------------------------------------

JPMorgan Chase Bank, National Association  Chase Home Finance LLC

By: /s/ Bruce J. Friedman                  By: /s/ Bruce J. Friedman
Its: Vice President                        Its: Senior Vice President

Taxpayer Identification                    Taxpayer Identification
Number:______________________________      Number:______________________________
--------------------------------------------------------------------------------

                                    EXHIBIT A

                     to Assignment and Assumption Agreement

         FLOW MORTGAGE LOAN PURCHASE, WARRANTIES AND SERVICING AGREEMENT

                                    EXHIBIT B

                     to Assignment and Assumption Agreement

                          FINAL LIST OF MORTGAGE LOANS

                                    EXHIBIT C

                     to Assignment and Assumption Agreement

           MORTGAGE LOAN PURCHASE, WARRANTIES AND SERVICING AGREEMENT

                                    EXHIBIT D

                     to Assignment and Assumption Agreement

                      ASSIGNEE'S WIRE TRANSFER INSTRUCTIONS

                      BANK OF AMERICA, NATIONAL ASSOCIATION

                                   Purchaser,

                             CHASE HOME FINANCE LLC,

                               Seller and Servicer

           MORTGAGE LOAN PURCHASE, WARRANTIES AND SERVICING AGREEMENT

                           Dated as of January 1, 2005

                           Whole Loan Series 2005 WL-B

                                       -2-

                                     TABLE OF CONTENTS

                                         ARTICLE I

                                        DEFINITIONS

Section 1.01.    Defined Terms...........................................................1

                                        ARTICLE II

                SERVICING OF MORTGAGE LOANS; RECORD TITLE AND POSSESSION OF
             MORTGAGE FILES; BOOKS AND RECORDS; CUSTODIAL AGREEMENT; DELIVERY
                                OF MORTGAGE LOAN DOCUMENTS

Section 2.01.    Agreement to Purchase..................................................12
Section 2.02.    Purchase Price.........................................................12
Section 2.03.    Servicing of Mortgage Loans............................................13
Section 2.04.    Record Title and Possession of Mortgage Files;
                  Maintenance of Servicing Files........................................13
Section 2.05.    Books and Records......................................................14
Section 2.06.    Transfer of Mortgage Loans.............................................15
Section 2.07.    Delivery of Mortgage Loan Documents....................................15
Section 2.08.    Quality Control Procedures.............................................17

                                        ARTICLE III

             REPRESENTATIONS AND WARRANTIES OF THE SELLER; REPURCHASE; REVIEW
                                     OF MORTGAGE LOANS

Section 3.01.    Representations and Warranties of the Seller...........................17
Section 3.02.    Representations and Warranties as to Individual Mortgage Loans.........19
Section 3.03.    Repurchase; Substitution...............................................29

                                        ARTICLE IV

                    ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS

Section 4.01.    Seller to Act as Servicer..............................................31
Section 4.02.    Collection of Mortgage Loan Payments...................................34
Section 4.03.    Realization Upon Defaulted Mortgage Loans..............................34
Section 4.04.    Establishment of Custodial Accounts; Deposits in Custodial Accounts....35
Section 4.05.    Permitted Withdrawals From the Custodial Account.......................36
Section 4.06.    Establishment of Escrow Accounts; Deposits in Escrow Accounts..........37
Section 4.07.    Permitted Withdrawals From Escrow Account..............................38

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Section 4.08.    Payment of Taxes, Insurance and Other Charges; Maintenance
                  of Primary Mortgage Insurance Policies; Collections Thereunder........39
Section 4.09.    Transfer of Accounts...................................................40
Section 4.10.    Maintenance of Hazard Insurance........................................40
Section 4.11.    Maintenance of Mortgage Impairment Insurance Policy....................41
Section 4.12.    Fidelity Bond, Errors and Omissions Insurance..........................41
Section 4.13.    Title, Management and Disposition of REO Property......................42
Section 4.14.    Notification of Maturity Date..........................................44
Section 4.15.    Reports of Foreclosures and Abandonments of Mortgaged Property.........44
Section 4.16.    Inspections............................................................44
Section 4.17.    Restoration of Mortgaged Property......................................44
Section 4.18.    Security Measures/Compliance with Safeguarding Customer
                  Information Requirements..............................................45
Section 4.19.    Disaster Recovery/Business Continuity Plan.............................45
Section 4.20.    Privacy/Confidential Information.......................................45

                                         ARTICLE V

                                 PAYMENTS TO THE PURCHASER

Section 5.01.    Distributions..........................................................46
Section 5.02.    Statements to the Purchaser............................................47
Section 5.03.    Monthly Advances by the Seller.........................................47
Section 5.04.    Liquidation Reports....................................................48
Section 5.05.    Automated Servicing Systems............................................48

                                        ARTICLE VI

                               GENERAL SERVICING PROCEDURES

Section 6.01.    Assumption Agreements..................................................48
Section 6.02.    Satisfaction of Mortgages and Release of Mortgage Files................49
Section 6.03.    Servicing Compensation.................................................50
Section 6.04.    Annual Statement as to Compliance......................................50
Section 6.05.    Annual Independent Certified Public  Accountants' Servicing Report.....51
Section 6.06.    Purchaser's Right to Examine Seller Records............................52
Section 6.07.    Compliance with REMIC Provisions.......................................52

                                        ARTICLE VII

                                    SELLER TO COOPERATE

Section 7.01.    Seller Shall Provide Information as Reasonably Required................52
Section 7.02.    Cooperation with Third-party Service Providers.........................53

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                                       ARTICLE VIII

                                        THE SELLER

Section 8.01.    Indemnification; Third Party Claims....................................54
Section 8.02.    Merger or Consolidation of the Seller..................................54
Section 8.03.    Limitation on Liability of the Seller and Others.......................55
Section 8.04.    Seller Not to Assign or Resign.........................................55
Section 8.05.    No Transfer of Servicing...............................................55

                                        ARTICLE IX

                                          DEFAULT

Section 9.01.    Events of Default......................................................56
Section 9.02.    Waiver of Defaults.....................................................57

                                         ARTICLE X

                                        TERMINATION

Section 10.01.   Termination............................................................58
Section 10.02.   Termination Without Cause..............................................58

                                        ARTICLE XI

                             RECONSTITUTION OF MORTGAGE LOANS

Section 11.01.   Reconstitution of Mortgage Loans.......................................58

                                        ARTICLE XII

                                 MISCELLANEOUS PROVISIONS

Section 12.01.   Successor to the Seller................................................60
Section 12.02.   Amendment..............................................................61
Section 12.03.   Recordation of Agreement...............................................61
Section 12.04.   Governing Law..........................................................61
Section 12.05.   Notices................................................................61
Section 12.06.   Severability of Provisions.............................................62
Section 12.07.   Exhibits...............................................................62
Section 12.08.   General Interpretive Principles........................................63
Section 12.09.   Reproduction of Documents..............................................63
Section 12.10.   Confidentiality of Information.........................................63
Section 12.11.   Recordation of Assignments of Mortgage.................................64

                                       iii

Section 12.12.   Assignment by Purchaser................................................64
Section 12.13.   No Partnership.........................................................64
Section 12.14.   Execution; Successors and Assigns......................................65
Section 12.15.   Entire Agreement.......................................................65
Section 12.16.   No Solicitation........................................................65
Section 12.17.   Further Agreements.....................................................65
Section 12.18.   Closing................................................................65
Section 12.19.   Costs..................................................................66

                                       iv

                                    EXHIBITS

A     Contents of Mortgage File
B     Custodial Account Letter Agreement
C     Escrow Account Letter Agreement
D     Form of Assignment and Assumption
E     Pool Statistics
F     Mortgage Loan Schedule
G     Request for Release of Documents and Receipt
H     Form of SEC Certification
I     Monthly Remittance Advice
J     Servicer Requirements

                                    SCHEDULES

A     Purchase Price and Terms Letter dated as of December 2, 2004

                                        v

      This is a Mortgage Loan Purchase, Warranties and Servicing Agreement,
dated as of January 1, 2005, and is executed between Bank of America, National
Association, as Purchaser (the "Purchaser"), and Chase Home Finance LLC (the
"Seller"), as seller and servicer.

                              W I T N E S S E T H :

      WHEREAS, the Purchaser has heretofore agreed to purchase from the Seller
and the Seller has heretofore agreed to sell to the Purchaser certain Mortgage
Loans, exclusive of the servicing rights associated with such Mortgage Loans,
pursuant to the terms of a letter agreement dated as of December 2, 2004, by and
between the Seller and the Purchaser (the "Purchase Price and Terms Letter").

      WHEREAS, each of the Mortgage Loans is secured by a mortgage, deed of
trust or other security instrument creating a first lien on a residential
dwelling located in the jurisdiction indicated on the Mortgage Loan Schedule,
which is annexed hereto as Exhibit F; and

      WHEREAS, the Purchaser and the Seller wish to prescribe the
representations and warranties of the Seller with respect to itself and the
Mortgage Loans and the management, servicing, transfer and control of the
Mortgage Loans;

      NOW, THEREFORE, in consideration of the mutual agreements hereinafter set
forth, and for other good and valuable consideration, the receipt and adequacy
of which is hereby acknowledged, the Purchaser and the Seller agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

      Section 1.01.  Defined Terms.

      Whenever used in this Agreement, the following words and phrases, unless
the context otherwise requires, shall have the following meanings specified in
this Article:

      Accepted Servicing Practices: With respect to any Mortgage Loan, those
mortgage servicing practices (including collection procedures) of prudent
mortgage banking institutions which service mortgage loans of the same type as
such Mortgage Loan in the jurisdiction where the related Mortgaged Property is
located, that comply with applicable federal, state and local laws and which are
in accordance with FNMA servicing practices and procedures, for MBS pool
mortgages, as defined in the FNMA Guides including future updates.

      Agreement: This Mortgage Loan Purchase, Warranties and Servicing Agreement
including all exhibits hereto, amendments hereof and supplements hereto.

      ALTA: The American Land Title Association or any successor thereto.

      Applicable Requirements: Shall mean and include with respect to the
Mortgage Loans: (i) all contractual obligations of Seller, and the Originator
and any Prior Servicers including,

without limitation, those contractual obligations contained in this Agreement,
in any agreement with any insurer or in the Mortgage Loan Documents; (ii) all
applicable federal, state and local legal and regulatory requirements (including
statutes, rules, regulations and ordinances) binding upon Seller, the Originator
and any Prior Servicer; (iii) all other applicable requirements and guidelines
of each governmental agency, board, commission, instrumentality and other
governmental body or office having jurisdiction, including without limitation
those of any insurer; (iv) all other applicable judicial and administrative
judgments, orders, stipulations, awards, writs and injunctions; and (v) Accepted
Servicing Practices.

      Appraised Value: With respect to any Mortgaged Property, the lesser of (i)
the value thereof as determined by an appraisal made for the Originator of the
Mortgage Loan at the time of origination of the Mortgage Loan and (ii) the
purchase price paid for the related Mortgaged Property by the Mortgagor with the
proceeds of the Mortgage Loan, provided, however, in the case of a Refinanced
Mortgage Loan, such value of the Mortgaged Property is based solely upon the
value determined by an appraisal made for the originator of such Refinanced
Mortgage Loan at the time of origination of such Refinanced Mortgage Loan.

      Assignment of Mortgage: An assignment of the Mortgage, notice of transfer
or equivalent instrument, in recordable form, sufficient under the laws of the
jurisdiction wherein the related Mortgaged Property is located to reflect of
record the sale or transfer of the Mortgage Loan.

      Assignment and Assumption: An assignment and assumption agreement in the
form of Exhibit D hereto.

      BIF: The Bank Insurance Fund, or any successor thereto.

      Business Day: Any day other than: (i) a Saturday or Sunday, or (ii) a
legal holiday in the State of New York, or (iii) a day on which banks in the
State of New York are authorized or obligated by law or executive order to be
closed.

      Closing Date: January 26, 2005, or such other date as shall be mutually
agreed upon by the parties hereto.

      Code: The Internal Revenue Code of 1986, as amended, or any successor
statute thereto.

      Condemnation Proceeds: All awards or settlements in respect of a Mortgaged
Property, whether permanent or temporary, partial or entire, by exercise of the
power of eminent domain or condemnation, to the extent not required to be
released to a Mortgagor in accordance with the terms of the related Mortgage
Loan Documents.

      Consumer Information: Information including but not limited to all
personal information about the Mortgagors that is supplied to the Seller on
behalf of the Mortgagors.

      Co-op Lease: With respect to a Co-op Loan, the lease with respect to a
dwelling unit occupied by the Mortgagor and relating to the stock allocated to
the related dwelling unit.

                                                                               2

      Co-op Loan: A Mortgage Loan secured by the pledge of stock allocated to a
dwelling unit in a residential cooperative housing corporation and a collateral
assignment of the related Co-op Lease.

      Custodial Account: Each separate demand account or accounts created and
maintained pursuant to Section 4.04 which shall be entitled "Chase Home Finance
LLC In Trust For Bank of America, National Association owner of various whole
loan series P&I" and shall be established in an Eligible Account, in the name of
the Person that is the Purchaser with respect to the related Mortgage Loans.

      Cut-off Date: January 1, 2005.

      Determination Date: The 15th day (or if such 15th day is not a Business
Day, the Business Day immediately preceding such 15th day) of the month of the
related Remittance Date.

      Due Date: The day of the month on which the Monthly Payment is due on a
Mortgage Loan, exclusive of any days of grace.

      Due Period: With respect to any Remittance Date, the period commencing on
the second day of the month preceding the month of such Remittance Date and
ending on the first day of the month of such Remittance Date.

      Eligible Account: An account established and maintained: (a) within FDIC
insured accounts (or other accounts with comparable insurance coverage
acceptable to the Rating Agencies) created, maintained and monitored by the
Seller so that all funds deposited therein are fully insured, (b) with the
corporate trust department of a financial institution assigned one of the two
highest long-term debt ratings and the highest short term debt rating of each
Rating Agency, and, if ownership of the Mortgage Loans is evidenced by mortgaged
backed securities, the equivalent ratings of the Rating Agencies, and held such
that the rights of the Purchaser and the owner of the Mortgage Loans shall be
fully protected against the claims of any creditors of the Seller and of any
creditors or depositors of the institution in which such account is maintained
and (c) in a separate non-trust account without FDIC or other insurance in an
Eligible Institution. In the event that a Custodial Account is established
pursuant to clause (b) or (c) of the preceding sentence, the Seller shall
provide the Purchaser with written notice on the Business Day following the date
on which the applicable institution fails to meet the applicable ratings
requirements.

      Eligible Institution: An institution having (i) the highest short-term
debt rating, and one of the two highest long-term debt ratings of each Rating
Agency; (ii) with respect to any Custodial Account, an unsecured long-term debt
rating of at least one of the two highest unsecured long-term debt ratings of
the Rating Agencies; or (iii) acceptable as a depository to FNMA or FHLMC under
their respective Guides.

      Equity Take-Out Refinanced Mortgage Loan: A Refinanced Mortgage Loan the
proceeds of which were in excess of the outstanding principal balance of the
existing mortgage loan.

                                                                               3

      Escrow Account: Each separate trust account or accounts created and
maintained pursuant to Section 4.06 which shall be entitled "Chase Home Finance
LLC In Trust For Bank of America, National Association owner of various whole
loan series and various mortgagors T&I" and shall be established in an Eligible
Account, in the name of the Person that is the Purchaser with respect to the
related Mortgage Loans.

      Escrow Payments: With respect to any Mortgage Loan, the amounts
constituting ground rents, taxes, assessments, water rates, sewer rents,
municipal charges, mortgage insurance premiums, fire and hazard insurance
premiums, condominium charges, and any other payments required to be escrowed by
the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

      Event of Default: Any one of the conditions or circumstances enumerated in
Section 9.01.

      FDIC: The Federal Deposit Insurance Corporation, or any successor thereto.

      FHLMC: The Federal Home Loan Mortgage Corporation, commonly referred to as
Freddie Mac, or any successor thereto.

      FHLMC Guide: The FHLMC Single Family Seller/Servicer Guide and all
amendments or additions thereto.

      Fidelity Bond: A fidelity bond to be maintained by the Seller pursuant to
Section 4.12.

      FIRREA: The Financial Institutions Reform, Recovery, and Enforcement Act
of 1989.

      First Remittance Date: February 18, 2005, or if such day is not a Business
Day, the first Business Day immediately preceding such date.

      FNMA: The Federal National Mortgage Association, commonly referred to as
Fannie Mae, or any successor thereto.

      FNMA Guides: The FNMA Sellers' Guide and the FNMA Servicers' Guide and all
amendments or additions thereto.

      GAAP: Generally accepted accounting principles, consistently applied.

      Guidelines: The FNMA Sellers' Guide, the FNMA Servicers' Guide and the
FHLMC Single Family Seller/Servicer Guide.

      HUD: The United States Department of Housing and Urban Development or any
successor thereto.

      Insurance Proceeds: With respect to each Mortgage Loan, proceeds of
insurance policies insuring the Mortgage Loan or the related Mortgaged Property.

                                                                               4

      Liquidation Proceeds: Cash received in connection with the liquidation of
a defaulted Mortgage Loan, whether through the sale or assignment of such
Mortgage Loan, trustee's sale, foreclosure sale or otherwise, or the sale of the
related Mortgaged Property if the Mortgaged Property is acquired in satisfaction
of the Mortgage Loan.

      Loan-to-Value Ratio or LTV: With respect to any Mortgage Loan, the ratio
of the original outstanding principal amount of the Mortgage Loan, to (i) the
Appraised Value of the Mortgaged Property at origination with respect to a
Refinanced Mortgage Loan, and (ii) the lesser of the Appraised Value of the
Mortgaged Property at origination or the purchase price of the Mortgaged
Property with respect to all other Mortgage Loans.

      Manufactured Home: A single family residential unit that is constructed in
a factory in sections in accordance with the Federal Manufactured Home
Construction and Safety Standards adopted on July 15, 1976, by the Department of
Housing and Urban Development ("HUD Code"), as amended in 2000, which preempts
state and local building codes. Each unit is identified by the presence of a HUD
Plate/Compliance Certificate label. The sections are then transported to the
site and joined together and affixed to a pre-built permanent foundation (which
satisfies the manufacturer's requirements and all state, county, and local
building codes and regulations). The manufactured home is built on a
non-removable, permanent frame chassis that supports the complete unit of walls,
floors, and roof. The underneath part of the home may have running gear (wheels,
axles, and brakes) that enable it to be transported to the permanent site. The
wheels and hitch are removed prior to anchoring the unit to the permanent
foundation. The manufactured home must be classified as real estate and taxed
accordingly.

      Monthly Advance: The aggregate of the advances made by the Seller on any
Remittance Date pursuant to Section 5.03.

      Monthly Payment: The scheduled monthly payment of principal and interest
on a Mortgage Loan which is payable by a Mortgagor under the related Mortgage
Note.

      Monthly Remittance Advice: The report delivered by the Seller to the
Purchaser pursuant to Section 5.02 of this Agreement in the form annexed hereto
as Exhibit I.

      Mortgage: With respect to a Mortgage Loan that is not a Co-op Loan, the
mortgage, deed of trust or other instrument securing a Mortgage Note which
creates a first lien on an unsubordinated estate in fee simple in real property
securing the Mortgage Note. With respect to a Co-op Loan, the security agreement
creating a security interest in the stock allocated to a dwelling unit in the
residential cooperative housing corporation that was pledged to secure such
Co-op Loan and the related Co-op Lease.

      Mortgage File: The mortgage documents pertaining to a particular Mortgage
Loan which are specified in Exhibit A hereto and any additional documents
required to be added to the Mortgage File pursuant to this Agreement.

      Mortgage Impairment Insurance Policy: A mortgage impairment or blanket
hazard insurance policy as required by Section 4.11.

                                                                               5

      Mortgage Interest Rate: The annual rate at which interest accrues on any
Mortgage Loan in accordance with the provisions of the related Mortgage Note.

      Mortgage Loan: An individual Mortgage Loan which is the subject of this
Agreement, each Mortgage Loan originally sold and subject to this Agreement
being identified on the Mortgage Loan Schedule, which Mortgage Loan includes
without limitation the Mortgage File, the Monthly Payments, Principal
Prepayments, Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds,
REO Disposition Proceeds, and all other rights, benefits, proceeds and
obligations arising from or in connection with such Mortgage Loan, excluding
replaced or repurchased Mortgage Loans.

      Mortgage Loan Documents: The documents listed in numbers 1 through 9, 16
and 23 on Exhibit A.

      Mortgage Loan Remittance Rate: With respect to each Mortgage Loan, the
annual rate of interest remitted to the Purchaser, which shall be equal to the
Mortgage Interest Rate minus the Servicing Fee Rate.

      Mortgage Loan Schedule: The schedule of Mortgage Loans annexed hereto as
Exhibit F, such schedule setting forth the following information with respect to
each Mortgage Loan in the related Mortgage Loan Package:

      (1)   the Seller's Mortgage Loan identifying number;

      (2)   the Mortgagor's name;

      (3)   the street address of the Mortgaged Property including the city,
state and zip code;

      (4)   a code indicating whether the Mortgaged Property is owner-occupied,
a second home or an investor property;

      (5)   the type of residential property constituting the Mortgaged
Property;

      (6)   the original months to maturity or the remaining months to maturity
from the Cut-off Date, in any case based on the original amortization schedule
and, if different, the maturity expressed in the same manner but based on the
actual amortization schedule;

      (7)   the Loan-to-Value Ratio at origination;

      (8)   the Mortgage Interest Rate;

      (9)   the stated maturity date;

      (10)  the amount of the Monthly Payment as of the Cut-off Date;

      (11)  the original principal amount of the Mortgage Loan;

                                                                               6

      (12)  the principal balance of the Mortgage Loan as of the opening of
business on the Cut-off Date, after deduction of payments of principal due on or
before the Cut-off Date whether or not collected;

      (13)  a code indicating the purpose of the Mortgage Loan (i.e., purchase,
rate and term refinance, equity take-out refinance);

      (14)  a code indicating the documentation style (i.e. full, alternative or
reduced);

      (15)  the number of times during the twelve (12) month period preceding
the Closing Date that any Monthly Payment has been received more than thirty
(30) days after its Due Date;

      (16)  the date on which the first payment is or was due;

      (17)  a code indicating whether or not the Mortgage Loan is the subject of
Primary Mortgage Insurance and, if so, the name of the policy issuer; and

      (18)  the Appraisal Value.

      With respect to the Mortgage Loans in the aggregate, the Mortgage Loan
Schedule shall set forth the following information, as of the Cut-off Date:

      (1)   the number of Mortgage Loans;

      (2)   the current aggregate outstanding principal balance of the Mortgage
Loans;

      (3)   the weighted average Mortgage Interest Rate of the Mortgage Loans;
and

      (4)   the weighted average maturity of the Mortgage Loans;

      Mortgage Note: The note or other evidence of the indebtedness of a
Mortgagor secured by a Mortgage.

      Mortgaged Property: With respect to a Mortgage Loan that is not a Co-op
Loan, the underlying real property securing repayment of a Mortgage Note,
consisting of a single parcel of real estate considered to be real estate under
the laws of the State in which such real property is located, which may include
condominium units and planned unit developments, improved by a residential
dwelling; except that with respect to real property located in jurisdictions in
which the use of leasehold estates for residential properties is a
widely-accepted practice, a leasehold estate of the Mortgagor, the term of which
is equal to or longer than the term of the Mortgage. With respect to a Co-op
Loan, the stock allocated to a dwelling unit in the residential cooperative
housing corporation that was pledged to secure such Co-op Loan and the related
Co-op Lease.

      Mortgagor: The obligor on a Mortgage Note.

      Negative Amortization: A gradual increase in the mortgage debt that occurs
when the monthly fixed installment is not sufficient for full application to
both principal and interest. The interest shortage is added to the unpaid
principal balance to create "negative" amortization.

                                                                               7

      OCC: Office of the Comptroller of the Currency, its successors and
assigns.

      Officers' Certificate: A certificate signed by the Chairman of the Board,
the Vice Chairman of the Board, the President, a Senior Vice President or a Vice
President and by the Treasurer or the Secretary or one of the Assistant
Treasurers or Assistant Secretaries of the Seller, and delivered to the
Purchaser as required by this Agreement.

      Opinion of Counsel: A written Opinion of Counsel, who may be an employee
of the party on behalf of whom the opinion is being given, reasonably acceptable
to the Purchaser, provided that any Opinion of Counsel relating to (a)
qualification of the Mortgage Loans in a REMIC or (b) compliance with the REMIC
Provisions, must be an Opinion of Counsel who (i) is in fact independent of the
Servicer of the Mortgage Loans, (ii) does not have any material direct or
indirect financial interest in the Servicer of the Mortgage Loans or in an
affiliate of either and (iii) is not connected with the Servicer of the Mortgage
Loans as an officer, employee, director or person performing similar functions.
The cost of the preparation and delivery of any such independent opinion
requested by the Trustee shall be an expense of the Trust Fund unless Purchaser
decides, in its own discretion, to bear such expense for the Trust Fund, in
which case any such cost will be borne by Purchaser.

      Originator: With respect to any Mortgage Loan, the entity(ies) that (i)
took the Mortgagor's loan application (ii) processed the Mortgagor's loan
application, or (iii) closed and/or funded the Mortgagor's Mortgage Loan.

      Pass-Through Transfer: Either (i) a Securitization or (ii) a synthetic
securitization in which some or all of the Mortgage Loans are included as part
of the reference portfolio relating to such securitization.

      Person: Any individual, corporation, limited liability company,
partnership, joint venture, association, joint-stock company, trust,
unincorporated organization or government or any agency or political subdivision
thereof.

      Prepayment Interest Shortfall Amount: With respect to any Mortgage Loan
that is subject to a voluntary (not including discounted payoffs) Principal
Prepayment in full or in part during the related Principal Prepayment Period,
which Principal Prepayment was applied to such Mortgage Loan prior to such
Mortgage Loan's Due Date in such related Principal Prepayment Period, the amount
of interest (net of the related Servicing Fee for Principal Prepayments in full
only) that would have accrued on the amount of such Principal Prepayment during
the period commencing on the date as of which such Principal Prepayment was
applied to such Mortgage Loan and ending on the last day of the Principal
Prepayment Period.

      Primary Mortgage Insurance Policy: Each primary policy of mortgage
insurance represented to be in effect pursuant to the Mortgage Loan Schedule, or
any replacement policy therefor obtained by the Seller pursuant to Section 4.08
in each case, in a form acceptable to FNMA or FHLMC and issued by a Qualified
Insurer.

                                                                               8

      Prime Rate: The prime rate announced to be in effect from time to time as
published as the average rate in The Wall Street Journal (Northeast Edition).

      Principal Prepayment: Any payment or other recovery of principal on a
Mortgage Loan full or partial which is received in advance of its scheduled Due
Date, including any prepayment penalty or premium thereon and which is not
accompanied by an amount of interest representing scheduled interest due on any
date or dates in any month or months subsequent to the month of prepayment.

      Principal Prepayment Period: With respect to any Remittance Date, the
calendar month immediately preceding the month in which the related Remittance
Date occurs.

      Prior Servicer: Any Person that was a servicer of any Mortgage Loan before
Seller became the Servicer of the Mortgage Loan, if applicable.

      Purchase Price: As defined in Section 2.02.

      Purchase Price and Terms Letter: As defined in the Recitals to this
Agreement.

      Purchaser: Bank of America, National Association, its successors in
interest and assigns.

      Qualified Appraiser: An appraiser, duly appointed by the Seller, who had
no interest, direct or indirect in the Mortgaged Property or in any loan made on
the security thereof, and whose compensation is not affected by the approval or
disapproval of the Mortgage Loan, and such appraiser and the appraisal made by
such appraiser both satisfy the requirements of Title XI of FIRREA and the
regulations promulgated thereunder, all as in effect on the date the Mortgage
Loan was originated.

      Qualified Insurer: An insurance company duly qualified as such under the
laws of the states in which the Mortgaged Properties are located, duly
authorized and licensed in such states to transact the applicable insurance
business and to write the insurance provided, approved as an insurer by FNMA and
FHLMC.

      Rating Agencies: Standard & Poor's Ratings Services, a division of The
McGraw-Hill Companies Inc., Moody's Investors Service, Inc. or, in the event
that some or all ownership of the Mortgage Loans is evidenced by mortgage-backed
securities, the nationally recognized rating agencies issuing ratings with
respect to such securities, if any.

      Reconstitution Agreement: Any of the agreement or agreements entered into
by the Purchaser and/or certain third parties, and if necessary the Seller, on
the Reconstitution Date or Dates with respect to any or all of the Mortgage
Loans conveyed hereunder, in connection with a Whole Loan Transfer, Agency
Transfer, or a Pass-Through Transfer as set forth in Section 11.01.

      Reconstitution Date: The date or dates on which any or all of the Mortgage
Loans purchased pursuant to this Agreement shall be reconstituted as part of a
Whole Loan Transfer, Agency Transfer, or a Pass-Through Transfer pursuant to
Section 11.01.

                                                                               9

      Refinanced Mortgage Loan: A Mortgage Loan which was made to a Mortgagor
who owned the Mortgaged Property prior to the origination of such Mortgage Loan
and the proceeds of which were used in whole or part to satisfy an existing
mortgage.

      Regulation X: HUD regulations implementing RESPA.

      REMIC: A "real estate mortgage investment conduit," as such term is
defined in the Code.

      REMIC Provisions: Provisions of the federal income tax law relating to a
REMIC, which appear at Section 860A through 860G of Subchapter M of Chapter 1,
Subtitle A of the Code, and related provisions, and regulations, rulings or
pronouncements promulgated thereunder, as the foregoing may be in affect from
time to time.

      Remittance Date: The 18th day of any month, beginning with the First
Remittance Date, or if such 18th day is not a Business Day, the first Business
Day immediately preceding such 18th day.

      REO Disposition: The final sale by the Seller of any REO Property.

      REO Disposition Proceeds: Amounts received by the Seller in connection
with a related REO Disposition.

      REO Property: A Mortgaged Property acquired by the Seller on behalf of the
Purchaser as described in Section 4.13.

      Repurchase Price: During the first 365 days after the Closing Date, the
Repurchase Price shall be a price equal to the Purchase Price Percentage, as
defined in the Purchase Price and Terms Letter, times the outstanding principal
balance of such Mortgage Loan, plus accrued interest at the annual rate of
interest borne on the Mortgage Note, less the Servicing Fee. Beginning 365 days
following the Closing Date, the Repurchase Price shall be a price equal to par
(100%) times the outstanding principal balance of such Mortgage Loan, plus
accrued interest at the annual rate of interest borne on the Mortgage Note.

      RESPA: The Real Estate Settlement Procedures Act, as amended.

      SAIF: The Savings Association Insurance Fund, or any successor thereto.

      Sarbanes Certifying Party: A Person who provides certification required
under the Sarbanes-Oxley Act of 2002 in connection with a Securitization or
other securitization transaction.

      Securitization: The transfer of the Mortgage Loans to a trust formed as
part of a publicly issued and/or privately placed, rated securitization,
including the issuance of the related securities.

                                                                              10

      Seller's Officer's Certificate: A certificate signed by the Chairman of
the Board, President, any Vice President or Treasurer of Seller which shall (i)
identify the recorded document, (ii) state that the recorded document has not
been delivered to the Purchaser, or its designee, due solely to a delay by the
public recording office, and (iii) specify the date the Seller expects that the
applicable recorded document will be delivered to the Purchaser or its designee.

      Servicer: Chase Home Finance LLC, its successors and assigns.

      Servicing Advances: All customary, reasonable and necessary "out of
pocket" costs and expenses (including reasonable attorneys' fees and
disbursements) incurred in the performance by the Seller of its servicing
obligations, including, but not limited to, the cost of (a) the preservation,
restoration and protection of the Mortgaged Property, (b) any enforcement,
administrative or judicial proceedings, or any legal work or advice specifically
related to servicing the Mortgage Loans, including but not limited to,
foreclosures, bankruptcies, condemnations, drug seizures, elections,
foreclosures by subordinate or superior lienholders, and other legal actions
incidental to the servicing of the Mortgage Loans (provided that such expenses
are reasonable and that the Seller specifies the Mortgage Loan(s) to which such
expenses relate, and provided further that any such enforcement, administrative
or judicial proceeding does not arise out of a breach of any representation,
warranty or covenant of the Seller hereunder), (c) the management and
liquidation of the Mortgaged Property if the Mortgaged Property is acquired in
full or partial satisfaction of the Mortgage, (d) taxes, assessments, water
rates, sewer rates and other charges which are or may become a lien upon the
Mortgaged Property, and Primary Mortgage Insurance Policy premiums and fire and
hazard insurance coverage, (e) any expenses reasonably sustained by the Seller,
as servicer, with respect to the liquidation of the Mortgaged Property in
accordance with the terms of this Agreement and (f) compliance with the
obligations under Section 4.08.

      Servicing Fee: With respect to each Mortgage Loan, the amount of the
annual fee the Purchaser shall pay to the Seller, which shall, for a period of
one full month, be equal to one-twelfth of the product of (a) the Servicing Fee
Rate and (b) the outstanding principal balance of such Mortgage Loan. Such fee
shall be payable monthly, computed on the basis of the same principal amount and
period respecting which any related interest payment on a Mortgage Loan is
computed. The obligation of the Purchaser to pay the Servicing Fee is limited
to, and the Servicing Fee is payable solely from, the interest portion
(including recoveries with respect to interest from Liquidation Proceeds, to the
extent permitted by Section 4.05) of such Monthly Payment collected by the
Seller, or as otherwise provided under Section 4.05.

      Servicing Fee Rate: The Servicing Fee Rate shall be a rate per annum equal
to 25 basis points (0.25%).

      Servicing File: With respect to each Mortgage Loan, the file retained by
the Seller consisting of originals of all documents in the Mortgage File which
are not delivered to the Purchaser or its designee and copies of the Mortgage
Loan Documents listed in Exhibit A, the originals of which are delivered to the
Purchaser or its designee pursuant to Section 2.04.

                                                                              11

      Servicing Officer: Any officer of the Seller involved in, or responsible
for, the administration and servicing of the Mortgage Loans whose name appears
on a list of servicing officers furnished by the Seller to the Purchaser upon
request, as such list may from time to time be amended.

      Servicing Rights: Means the obligations to collect the payments for the
reduction of principal and application of interest, pay taxes and insurance,
remit collected payments, provide foreclosure services, provide full escrow
administration and otherwise administer the Mortgage Loans in accordance with
Applicable Requirements, together with the right to receive the servicing fee
income and any ancillary income arising from or connected to the Mortgage Loans.
Servicing Rights shall include retention of the related escrow or impound
accounts created and maintained by Seller with respect to the Mortgage Loans for
the deposit and retention of interest and principal, taxes, assessments or
grounds rents, hazard and mortgage insurance and other related escrow or
custodial items.

      Stated Principal Balance: As to each Mortgage Loan as of any date of
determination, (i) the principal balance of such Mortgage Loan at the Cut-off
Date after giving effect to payments of principal due on or before such date,
whether or not received, minus (ii) all amounts previously distributed to the
Purchaser with respect to the Mortgage Loan representing payments or recoveries
of principal or advances in lieu thereof.

      Subservicer: Any subservicer which is subservicing the Mortgage Loans
pursuant to a Subservicing Agreement. Any Subservicer shall meet the
qualifications set forth in Section 4.01.

      Subservicing Agreement: An agreement between the Seller and a Subservicer
for the servicing of the Mortgage Loans.

      Trust: Any trust identified by Purchaser into which Mortgage Loans have
been placed as part of a reconstitution.

      Trust Agreement: The agreement pursuant to which the Trust is created.

      Trustee: Any trustee identified by Purchaser in connection with any Trust.

      Trust Fund: Any trust fund identified by the Trustee with respect to a
Trust.

                                   ARTICLE II

                          SERVICING OF MORTGAGE LOANS;
                 RECORD TITLE AND POSSESSION OF MORTGAGE FILES;
                     BOOKS AND RECORDS; CUSTODIAL AGREEMENT;
                       DELIVERY OF MORTGAGE LOAN DOCUMENTS

      Section 2.01.  Agreement to Purchase.

      The Seller agrees to sell and the Purchaser agrees to purchase the
Mortgage Loans, exclusive of the Servicing Rights associated therewith, having
an aggregate principal balance on

                                                                              12

the Cut-off Date in an amount as set forth in the Mortgage Loan Schedule. The
Seller shall deliver the Mortgage Loan Schedule for the Mortgage Loans to be
purchased on the Closing Date to the Purchaser at least two (2) Business Days
prior to the Closing Date.

      Section 2.02.  Purchase Price.

      The Purchase Price for each Mortgage Loan shall be the percentage of par
as stated in the Purchase Price and Terms Letter (subject to adjustment as
provided therein), multiplied by the aggregate principal balance, as of the
Cut-off Date, of the Mortgage Loans listed on the attached Mortgage Loan
Schedule, after application of scheduled payments of principal due on or before
the Cut-off Date whether or not collected. The initial principal amount of the
Mortgage Loans shall be the aggregate principal balance of the Mortgage Loans,
so computed as of the Cut-off Date.

      In addition to the Purchase Price as described above, the Purchaser shall
pay to the Seller, at closing, accrued interest on the Stated Principal Balance
of the Mortgage Loans as of the Cut-off Date at the weighted average Mortgage
Loan Remittance Rate of the Mortgage Loans.

      The Purchase Price plus accrued interest as set forth in the preceding
paragraph shall be paid on the Closing Date by wire transfer of immediately
available funds.

      The Purchaser shall be entitled to (1) all scheduled principal due after
the Cut-off Date, (2) all other recoveries of principal collected on or after
the Cut-off Date (provided, however, that all scheduled payments of principal
due on or before the Cut-off Date and collected by the Seller or any successor
servicer after the Cut-off Date shall belong to the Seller), and (3) all
payments of interest on the Mortgage Loans net of applicable Servicing Fees
(minus that portion of any such payment which is allocable to the period prior
to the Cut-off Date). The outstanding principal balance of each Mortgage Loan as
of the Cut-off Date is determined after application of payments of principal due
on or before the Cut-off Date whether or not collected, together with any
unscheduled Principal Prepayments collected prior to the Cut-off Date; provided,
however, that payments of scheduled principal and interest prepaid for a Due
Date beyond the Cut-off Date shall not be applied to the principal balance as of
the Cut-off Date. Such prepaid amounts shall be the property of the Purchaser.
The Seller shall deposit any such prepaid amounts into the Custodial Account,
which account is established for the benefit of the Purchaser for subsequent
remittance by the Seller to the Purchaser.

      If, subsequent to the Closing Date, the amount on which the Purchase Price
with respect to a Mortgage Loan was based is found to be in error, or if, for
any other reason, the Purchase Price or such other amounts are found to be in
error, within ten (10) Business Days of the receipt of information sufficient to
provide notice that payment is due the party benefiting from the error shall pay
an amount sufficient to correct and reconcile the Purchase Price plus interest
thereon at an agreed upon market rate or such other amounts and shall provide a
reconciliation statement and such other documentation sufficient reasonably to
satisfy the other party concerning the accuracy of such reconciliation.

                                                                              13

      Section 2.03.  Servicing of Mortgage Loans.

      Simultaneously with the execution and delivery of this Agreement, the
Seller does hereby agree to service the Mortgage Loans listed on the Mortgage
Loan Schedule subject to the terms of this Agreement. The rights of the
Purchaser to receive payments with respect to the related Mortgage Loans shall
be as set forth in this Agreement.

      Section 2.04.  Record Title and Possession of Mortgage Files; Maintenance
                     of Servicing Files.

      As of the Closing Date, the Seller shall sell, transfer, assign, set over
and convey to the Purchaser, without recourse, and the Seller hereby
acknowledges that as of the Closing Date the Purchaser shall have, subject to
the terms of this Agreement, all of the right, title and interest of the Seller
in and to the Mortgage Loans. The delivery of the Mortgage Files on the Closing
Date shall be at the expense of the Seller. The Seller shall maintain a
Servicing File consisting of a copy of the contents of each Mortgage File and
the originals of the documents in each Mortgage File not delivered to the
Purchaser or its designee. The Servicing File shall contain all documents
necessary to service the Mortgage Loans. The possession of each Servicing File
by the Seller is at the will of the Purchaser, for the sole purpose of servicing
the related Mortgage Loan, and such retention and possession by the Seller is in
a custodial capacity only. From the Closing Date, the ownership of each Mortgage
Loan, including the Mortgage Note, the Mortgage, the contents of the related
Mortgage File and all rights, benefits, proceeds and obligations arising
therefrom or in connection therewith, shall be vested in the Purchaser. All
rights arising out of the Mortgage Loans including, but not limited to, all
funds received on or in connection with the Mortgage Loans and all records or
documents with respect to the Mortgage Loans prepared by or which come into the
possession of the Seller shall be received and held by the Seller in trust for
the benefit of the Purchaser as the owner of the Mortgage Loans. Any portion of
the Mortgage Files retained by the Seller shall be appropriately identified in
the Seller's computer system to clearly reflect the ownership of the Mortgage
Loans by the Purchaser. The Seller shall release its custody of the contents of
the Mortgage Files only in accordance with written instructions of the
Purchaser, except when such release is required as incidental to the Seller's
servicing of the Mortgage Loans or is in connection with a repurchase of any
Mortgage Loan or Loans with respect thereto pursuant to this Agreement, such
written instructions shall not be required.

      Section 2.05.  Books and Records.

      The sale of each Mortgage Loan shall be reflected on the Seller's balance
sheet and other financial statements as a sale of assets by the Seller. The
Seller shall be responsible for maintaining, and shall maintain, a complete set
of books and records for the Mortgage Loans which shall be appropriately
identified in the Seller's computer system to clearly reflect the ownership of
the Mortgage Loan by the Purchaser. In particular, the Seller shall maintain in
its possession, available for inspection by the Purchaser, or its designee and
shall deliver to the Purchaser upon demand, evidence of compliance with all
federal, state and local laws, rules and regulations, and requirements of FNMA
or FHLMC, as applicable, including but not limited to documentation as to the
method used in determining the applicability of the provisions of the Flood
Disaster Protection Act of 1973, as amended, to the Mortgaged Property,
documentation

                                                                              14

evidencing insurance coverage and eligibility of any condominium project for
approval by Seller and periodic inspection reports as required by Section 4.13.
To the extent that original documents are not required for purposes of
realization of Liquidation Proceeds or Insurance Proceeds, documents maintained
by the Seller may be in the form of microfilm or microfiche or such other
reliable means of recreating original documents, including but not limited to,
optical imagery techniques so long as the Seller complies with the requirements
of the FNMA Guides.

      The Seller shall maintain with respect to each Mortgage Loan and shall
make available for inspection by any Purchaser or its designee the related
Servicing File during the time the Purchaser retains ownership of a Mortgage
Loan and thereafter in accordance with applicable laws and regulations.

      In addition to the foregoing, Seller shall provide to any supervisory
agents or examiners that regulate Purchaser, including but not limited to, the
Office of the Comptroller of the Currency ("OCC") and other comparable
regulatory authorities supervising the Purchaser and other similar entities,
access, during normal business hours, upon reasonable advance notice to Seller
and without charge to Purchaser or such supervisory agents or examiners, to any
documentation regarding the Mortgage Loans that may be required by any
applicable regulator. It is anticipated that Purchaser will reimburse Seller for
its out-of-pocket expenses incurred in complying with this requirement.

      Section 2.06.  Transfer of Mortgage Loans.

      The Seller shall keep at its servicing office books and records in which,
subject to such reasonable regulations as it may prescribe, the Seller shall
note transfers of Mortgage Loans. No transfer of a Mortgage Loan may be made
unless such transfer is in compliance with the terms hereof. For the purposes of
this Agreement, the Seller shall be under no obligation to deal with any person
with respect to this Agreement or any Mortgage Loan unless a notice of the
transfer of such Mortgage Loan has been delivered to the Seller in accordance
with this Section 2.06 and the books and records of the Seller show such person
as the owner of the Mortgage Loan. The Purchaser may, subject to the terms of
this Agreement, sell and transfer one or more of the Mortgage Loans, provided,
however, that (i) the transferee will not be deemed to be a Purchaser hereunder
binding upon the Seller unless such transferee shall agree in writing to be
bound by the terms of this Agreement and an original counterpart of the
instrument of transfer and an Assignment and Assumption of this Agreement
substantially in the form of Exhibit D hereto executed by the transferee shall
have been delivered to the Seller, (ii) in no event shall there be more than
four (4) Persons at any given time having the status of "Purchaser" under each
of the Reconstitution Agreements, as more particularly described in Sections
11.01 and 12.12 hereunder, and (iii) if the Seller is to service pursuant to a
Reconstitution Agreement , such agreement will not contain any greater
obligations on the part of the Seller than are contained in this Agreement. The
Purchaser also shall advise the Seller of the transfer. Upon receipt of notice
of the transfer, the Seller shall mark its books and records to reflect the
ownership of the Mortgage Loans of such assignee, and the previous Purchaser
shall be released from its obligations hereunder with respect to the Mortgage
Loans sold or transferred.

                                                                              15

      Section 2.07.  Delivery of Mortgage Loan Documents.

      The Seller shall deliver and release to the Purchaser or its designee,
Wachovia Bank, National Association, the Mortgage Loan Documents. The Mortgage
Loan Documents shall be delivered by the Seller to the Purchaser or its
designee, Wachovia Bank, National Association, at 4527 Metropolitan Court, Suite
C, Frederick, Maryland 21704, Attention: Ron Fisher, at least five (5) Business
Days prior to the Closing Date pursuant to a bailee letter agreement. All other
documents in Exhibit A hereto, together with all other documents executed in
connection with the Mortgage Loan that Seller may have in its possession, shall
be retained by the Servicer in trust for the Purchaser. If the Seller cannot
deliver the original recorded Mortgage Loan Documents or the original policy of
title insurance, including riders and endorsements thereto, on the Closing Date,
the Seller shall, promptly upon receipt thereof and in any case not later than
180 days from the Closing Date, deliver such original documents, including
original recorded documents, to the Purchaser or its designee (unless the Seller
is delayed in making such delivery by reason of the fact that such documents
shall not have been returned by the appropriate recording office). If delivery
is not completed within 180 days of the Closing Date solely due to delays in
making such delivery by reason of the fact that such documents shall not have
been returned by the appropriate recording office, Seller shall deliver a copy
of such document, if not previously delivered, and a Seller's Officer's
Certificate to Purchaser, or its designee. In the event that documents have not
been received by the date specified in the Seller's Officer's Certificate, a
subsequent Seller's Officer's Certificate shall be delivered by such date
specified in the prior Seller's Officer's Certificate, stating a revised date
for receipt of documentation. The procedure shall be repeated until the
documents have been received and delivered. The Seller shall continue to use
commercially reasonable best efforts to effect delivery within 270 days of the
Closing Date.

      The Seller shall pay all initial recording fees, for the Assignments of
Mortgage or Form UCC-3's for Co-op Loans and any other fees in connection with
the transfer of all original documents to the Purchaser or its designee. Seller
shall prepare, in recordable form, all Assignments of Mortgage or Form UCC-3's
for Co-op Loans necessary to assign the Mortgage Loans to Purchaser, or its
designee. Seller shall be responsible for recording the Assignments of Mortgage
or Form UCC-3's for Co-op Loans.

      Seller shall provide a copy of the title insurance policy to Purchaser or
its designee within ninety (90) days of the receipt of the recorded documents
(required for issuance of such policy) from the applicable recording office.

      Any review by the Purchaser, or its designee, of the Mortgage Files shall
in no way alter or reduce the Seller's obligations hereunder.

      If the Purchaser or its designee discovers any defect with respect to a
Mortgage File, the Purchaser shall, or shall cause its designee to, give written
specification of such defect to the Seller in the exception report or the
certification delivered pursuant to this Section 2.07, and the Seller shall cure
or repurchase such Mortgage Loan in accordance with Section 3.03.

                                                                              16

      The Seller shall forward to the Purchaser, or its designee, original
documents evidencing an assumption, modification, consolidation or extension of
any Mortgage Loan entered into in accordance with Section 4.01 or 6.01 in
accordance with the FNMA Guides; provided, however, that the Seller shall
provide the Purchaser, or its designee, with a certified true copy of any such
document submitted for recordation within one week of its execution, and shall
provide the original of any document submitted for recordation or a copy of such
document certified by the appropriate public recording office to be a true and
complete copy of the original within sixty (60) days of its submission for
recordation.

      From time to time, in order to fulfill its obligations hereunder, the
Seller may have a need for Mortgage Loan Documents to be released by Purchaser,
or its designee. Purchaser shall, or shall cause its designee, upon the written
request of the Seller, within ten (10) Business Days, deliver to the Seller, any
requested documentation previously delivered to Purchaser or its designee as
part of the Mortgage File, provided that such documentation is promptly returned
to Purchaser, or its designee, when the Seller no longer requires possession of
the document, and provided that during the time that any such documentation is
held by the Seller, such possession is in trust for the benefit of Purchaser.
Seller shall indemnify Purchaser, and its designee, from and against any and all
losses, claims, damages, penalties, fines, forfeitures, costs and expenses
(including court costs and reasonable attorney's fees) resulting from or related
to the loss, damage, or misplacement of any documentation delivered to Seller
pursuant to this paragraph.

      Any and all documents required to be delivered pursuant to this Section
2.07 other than those Mortgage Loan Documents required to be delivered within
five (5) Business Days prior to the Closing Date pursuant to a bailee letter
agreement shall be delivered to the following addressee: Wachovia Bank, National
Association, 4527 Metropolitan Court, Suite C, Frederick, Maryland 21704,
Attention: Ron Fisher.

      Section 2.08.  Quality Control Procedures.

      The Seller must have an internal quality control program that verifies, on
a regular basis, the existence and accuracy of the legal documents, credit
documents, property appraisals, and underwriting decisions. The program must be
capable of evaluating and monitoring the overall quality of its loan production
and servicing activities. The program is to ensure that the Mortgage Loans are
originated and serviced in accordance with prudent mortgage banking practices
and accounting principles; guard against dishonest, fraudulent, or negligent
acts; and guard against errors and omissions by officers, employees, or other
authorized persons.

                                   ARTICLE III

                        REPRESENTATIONS AND WARRANTIES OF
                THE SELLER; REPURCHASE; REVIEW OF MORTGAGE LOANS

      Section 3.01.  Representations and Warranties of the Seller.

      The Seller represents, warrants and covenants to the Purchaser that as of
the Closing Date or as of such date specifically provided herein:

                                                                              17

      (a)     The Seller is a limited liability company duly organized, validly
existing and in good standing under the laws of the State of Delaware and has
all licenses necessary to carry out its business as now being conducted, and is
licensed and qualified to transact business in and is in good standing under the
laws of each state in which any Mortgaged Property is located or is otherwise
exempt under applicable law from such licensing or qualification or is otherwise
not required under applicable law to effect such licensing or qualification and
no demand for such licensing or qualification has been made upon such Seller by
any such state, and in any event such Seller is in compliance with the laws of
any such state to the extent necessary to ensure the enforceability of each
Mortgage Loan and the servicing of the Mortgage Loans in accordance with the
terms of this Agreement;

      (b)     The Seller has the full power and authority and legal right to
hold, transfer and convey each Mortgage Loan, to sell each Mortgage Loan and to
execute, deliver and perform, and to enter into and consummate all transactions
contemplated by this Agreement and to conduct its business as presently
conducted, has duly authorized the execution, delivery and performance of this
Agreement and any agreements contemplated hereby, has duly executed and
delivered this Agreement, and any agreements contemplated hereby, and this
Agreement and each Assignment of Mortgage to the Purchaser and any agreements
contemplated hereby, constitutes a legal, valid and binding obligation of the
Seller, enforceable against it in accordance with its terms, and all requisite
corporate action has been taken by the Seller to make this Agreement and all
agreements contemplated hereby valid and binding upon the Seller in accordance
with their terms;

      (c)     None of the execution and delivery of this Agreement, the
origination of the Mortgage Loans by the Seller, the sale of the Mortgage Loans
to the Purchaser, the consummation of the transactions contemplated hereby, or
the fulfillment of or compliance with the terms and conditions of this Agreement
will conflict with any of the terms, conditions or provisions of the Seller's
charter or by-laws or materially conflict with or result in a material breach of
any of the terms, conditions or provisions of any legal restriction or any
agreement or instrument to which the Seller is now a party or by which it is
bound, or constitute a default or result in an acceleration under any of the
foregoing, or result in the material violation of any law, rule, regulation,
order, judgment or decree to which the Seller or its property is subject or
impair the ability of the Purchaser to realize on the Mortgage Loans or impair
the value of the Mortgage Loans;

      (d)     Each Mortgage Note, each Mortgage, each Assignment of Mortgage and
any other documents required pursuant to this Agreement to be delivered to the
Purchaser or its designee, or its assignee for each Mortgage Loan, have been, on
or before the Closing Date, delivered to the Purchaser or its designee, or its
assignee;

      (e)     There is no litigation, suit, proceeding or investigation pending
or threatened, or any order or decree outstanding, with respect to the Seller
which is reasonably likely to have a material adverse effect on the sale or
servicing of the Mortgage Loans, the execution, delivery, performance or
enforceability of this Agreement, or which is reasonably likely to have a
material adverse effect on the financial condition of the Seller.;

                                                                              18

      (f)     No consent, approval, authorization or order of any court or
governmental agency or body is required for the execution, delivery and
performance by the Seller of or compliance by the Seller with this Agreement,
except for consents, approvals, authorizations and orders which have been
obtained;

      (g)     The consummation of the transactions contemplated by this
Agreement is in the ordinary course of business of the Seller, and the transfer,
assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller
pursuant to this Agreement are not subject to bulk transfer or any similar
statutory provisions in effect in any applicable jurisdiction;

      (h)     The Seller is a member of MERS in good standing;

      (i)     The Seller used no adverse selection procedures in selecting from
among the outstanding first lien residential mortgage loans owned by it which
were available for inclusion in the sale to Purchaser;

      (j)     The Seller will treat the sale of the Mortgage Loans to the
Purchaser as a sale for reporting and accounting purposes and, to the extent
appropriate, for federal income tax purposes;

      (k)     The Seller is an approved seller/servicer of residential mortgage
loans for FNMA/FHLMC and HUD, with such facilities, procedures and personnel
necessary for the sound servicing of such mortgage loans. The Seller is duly
qualified, licensed, registered and otherwise authorized under all applicable
federal, state and local laws, and regulations, if applicable, meets the minimum
capital requirements set forth by the OCC, and is in good standing to sell
mortgage loans to and service mortgage loans for FNMA/FHLMC and no event has
occurred which would make Seller unable to comply with eligibility requirements
or which would require notification to either FNMA or FHLMC;

      (l)     The Seller does not believe, nor does it have any cause or reason
to believe, that it cannot perform each and every covenant contained in this
Agreement. The Seller is solvent and the sale of the Mortgage Loans will not
cause the Seller to become insolvent. The sale of the Mortgage Loans is not
undertaken with the intent to hinder, delay or defraud any of the Seller's
creditors;

      (m)     No statement, tape, diskette, form, report or other document
prepared by, or on behalf of, Seller pursuant to this Agreement or in connection
with the transactions contemplated hereby, contains or will contain any
statement that is or will be inaccurate or misleading in any material respect;

      (n)     The Seller acknowledges and agrees that the Servicing Fee
represents reasonable compensation for performing such services and that the
entire Servicing Fee shall be treated by the Seller, for accounting and tax
purposes, as compensation for the servicing and administration of the Mortgage
Loans pursuant to this Agreement; in the opinion of Seller, the consideration
received by Seller upon the sale of the Mortgage Loans to Purchaser under this
Agreement constitutes fair consideration for the Mortgage Loans under current
market conditions;

                                                                              19

      (o)     If requested by the Purchaser, the Seller has delivered to the
Purchaser financial statements as to its last two complete fiscal years. All
such financial statements fairly present the pertinent results of operations and
changes in financial position for each of such periods and the financial
position at the end of each such period of the Seller and its subsidiaries and
have been prepared in accordance with GAAP consistently applied throughout the
periods involved, except as set forth in the notes thereto. There has been no
change in the business, operations, financial condition, properties or assets of
the Seller since the date of the Seller's financial statements that would have a
material adverse effect on its ability to perform its obligations under this
Agreement; and

      (p)     The Seller has not dealt with any broker, investment banker, agent
or other person that may be entitled to any commission or compensation in
connection with the sale of the Mortgage Loans.

      Section 3.02.  Representations and Warranties as to Individual Mortgage
                     Loans.

      The Seller hereby represents and warrants to the Purchaser, as to each
Mortgage Loan, as of the Closing Date (unless another date is specified in the
body of the representation and warranty) as follows:

      (a)     The information set forth in the Mortgage Loan Schedule and in the
electronic data file provided to the Purchaser by the Seller on or about January
21, 2005, with respect to the Mortgage Loans is complete, true and correct in
all material respects as of the Cut-Off Date;

      (b)     With respect to a Mortgage Loan that is not a Co-op Loan, the
Mortgage creates a valid, subsisting and enforceable first lien or a first
priority ownership interest in an estate in fee simple in real property securing
the related Mortgage Note. With respect to a Mortgage Loan that is a Co-op Loan,
the Mortgage creates a first lien or a first priority ownership interest in the
stock ownership associated with the cooperative unit securing the related
Mortgage Note;

      (c)     All payments due prior to the Cut-off Date for such Mortgage Loan
have been made and credited as of the Closing Date; there are no defaults under
the terms of the Mortgage Loan; the Seller has not advanced funds, or induced,
solicited or knowingly received any advance of funds from a party other than the
Mortgagor, directly or indirectly, for the payment of any amount required by the
Mortgage Loan; and there has been no more than one delinquency during the
preceding twelve-month period, and such delinquency did not last more than
thirty (30) days;

      (d)     There are no defaults by Seller in complying with the terms of the
Mortgage, and all taxes, governmental assessments, insurance premiums, water,
sewer and municipal charges, leasehold payments or ground rents which previously
became due and owing have been paid, or escrow funds have been established in an
amount sufficient to pay for every such escrowed item which remains unpaid and
which has been assessed but is not yet due and payable;

      (e)     The terms of the Mortgage Note and the Mortgage have not been
impaired, waived, altered or modified in any respect, except by written
instruments which have been recorded to the extent any such recordation is
required by law, or, necessary to protect the interest

                                                                              20

of the Purchaser. No instrument of waiver, alteration or modification has been
executed, and no Mortgagor has been released, in whole or in part, from the
terms thereof except in connection with an assumption agreement and which
assumption agreement is part of the Mortgage File and the terms of which are
reflected in the Mortgage Loan Schedule; the substance of any such waiver,
alteration or modification has been approved by the issuer of any related
Primary Mortgage Insurance Policy and title insurance policy, to the extent
required by the related policies;

      (f)     The Mortgage Note and the Mortgage are not subject to any right of
rescission, set-off, counterclaim or defense, including, without limitation, the
defense of usury, nor will the operation of any of the terms of the Mortgage
Note or the Mortgage, or the exercise of any right thereunder, render the
Mortgage Note or Mortgage unenforceable, in whole or in part, or subject to any
right of rescission, set-off, counterclaim or defense, including the defense of
usury, and no such right of rescission, set-off, counterclaim or defense has
been asserted with respect thereto; and the Mortgagor was not a debtor in any
state or federal bankruptcy or insolvency proceeding at the time the Mortgage
Loan was originated;

      (g)     All buildings or other customarily insured improvements upon the
Mortgaged Property are insured by an insurer acceptable under the FNMA Guides,
against loss by fire, hazards of extended coverage and such other hazards as are
provided for in the FNMA Guides or by FHLMC, as well as all additional
requirements set forth in Section 4.10 of this Agreement. All such standard
hazard policies are in full force and effect and on the date of origination
contained a standard mortgagee clause naming the Seller and its successors in
interest and assigns as mortgagee loss payee and such clause is still in effect
and all premiums due thereon have been paid. If required by the Flood Disaster
Protection Act of 1973, as amended, the Mortgage Loan is covered by a flood
insurance policy meeting the requirements of the current guidelines of the
Federal Insurance Administration which policy conforms to FNMA and FHLMC
requirements, as well as all additional requirements set forth in Section 4.10
of this Agreement. Such policy was issued by an insurer acceptable under FNMA or
FHLMC guidelines. The Mortgage obligates the Mortgagor thereunder to maintain
all such insurance at the Mortgagor's cost and expense, and on the Mortgagor's
failure to do so, authorizes the holder of the Mortgage to maintain such
insurance at the Mortgagor's cost and expense and to seek reimbursement therefor
from the Mortgagor. The hazard insurance policy is the valid and binding
obligation of the Insurer, is in full force and effect, and will be in full
force and effect and inure to the benefit of the Purchaser upon the consummation
of the transactions contemplated by this Agreement. The Seller has not engaged
in, and has no knowledge of the Mortgagor's or any Originator's or Prior
Servicer's having engaged in, any act or omission which would impair the
coverage of any such policy, the benefits of the endorsement provided for
herein, or the validity and binding effect of either;

      (h)     Any and all requirements of any federal, state or local law
including, without limitation, all applicable predatory, usury,
truth-in-lending, RESPA, consumer credit protection, equal credit opportunity or
disclosure laws applicable to the Mortgage Loan have been complied with; the
Seller has maintained, and as Servicer shall continue to maintain, evidence of
such compliance as required by applicable law or regulation and shall make such
evidence available for inspection at Seller's office during normal business
hours upon reasonable advance notice;

                                                                              21

      (i)     The Mortgage has not been satisfied, canceled or subordinated, in
whole or in part, or rescinded, and the Mortgaged Property has not been released
from the lien of the Mortgage, in whole or in part nor has any instrument been
executed that would effect any such release, cancellation, subordination or
rescission. The Seller has not waived the performance by the Mortgagor of any
action, if the Mortgagor's failure to perform such action would cause the
Mortgage Loan to be in default, nor has the Seller waived any default resulting
from any action or inaction by the Mortgagor;

      (j)     The Mortgage is a valid, subsisting, enforceable and perfected
first lien on the Mortgaged Property, including for Mortgage Loans that are not
Co-op Loans, on all buildings on the Mortgaged Property and all installations
and mechanical, electrical, plumbing, heating and air conditioning systems
affixed to such buildings, and all additions, alterations and replacements made
at any time with respect to the foregoing securing the Mortgage Note's original
principal balance. The Mortgage and the Mortgage Note do not contain any
evidence of any security interest or other interest or right thereto. Such lien
is free and clear of all adverse claims, liens and encumbrances having priority
over the first lien of the Mortgage subject only to (1) the lien of
non-delinquent current real property taxes and assessments not yet due and
payable, (2) covenants, conditions and restrictions, rights of way, easements
and other matters of the public record as of the date of recording which are
acceptable to mortgage lending institutions generally and either (A) which are
referred to in either the Originator's title insurance policy (to the extent
short form policies are not utilized) or in the appraisal made for the
Originator of the Mortgage Loan, or (B) which do not adversely affect the
Appraised Value of the Mortgaged Property as set forth in such appraisal, and
(3) other matters to which like properties are commonly subject which do not
materially interfere with the benefits of the security intended to be provided
by the Mortgage or the use, enjoyment, value or marketability of the related
Mortgaged Property. Any security agreement, chattel mortgage or equivalent
document related to and delivered in connection with the Mortgage Loan
establishes and creates a valid, subsisting, enforceable and perfected first
lien and first priority security interest on the property described therein, and
the Seller has the full right to sell and assign the same to the Purchaser;

      (k)     The Mortgage Note and the related Mortgage are original and
genuine and each is the legal, valid and binding obligation of the maker
thereof, enforceable in all respects in accordance with its terms subject to
bankruptcy, insolvency and other laws of general application affecting the
rights of creditors and the Seller has taken all action necessary to transfer
such rights of enforceability to the Purchaser. All parties to the Mortgage Note
and the Mortgage had the legal capacity to enter into the Mortgage Loan and to
execute and deliver the Mortgage Note and the Mortgage. The Mortgage Note and
the Mortgage have been duly and properly executed by such parties. No fraud,
error, omission, misrepresentation, negligence or similar occurrence with
respect to a Mortgage Loan has taken place on the part of Seller or the
Mortgagor, or, to the best of Seller's knowledge, on the part of any other party
involved in the origination of the Mortgage Loan. The proceeds of the Mortgage
Loan have been fully disbursed and there is no requirement for future advances
thereunder, and any and all requirements as to completion of any on-site or
off-site improvements and as to disbursements of any escrow funds therefor have
been satisfied. All costs, fees and expenses incurred in making or closing the
Mortgage Loan and the recording of the Mortgage were paid or are in the process
of being paid, and the Mortgagor is not entitled to any refund of any amounts
paid or due under the Mortgage Note or Mortgage;

                                                                              22

      (l)     The Seller is the sole owner of the Mortgage Loan and the
indebtedness evidenced by each Mortgage Note, and the Seller (or the Seller's
designee, Mortgage Electronic Registration System, Inc. ("MERS")), is the holder
of the Mortgage, except for the Assignments of Mortgage which have not yet been
sent for recording or recorded, and upon recordation the Seller (or its
designee, MERS) will be the holder of record of each Mortgage and the
indebtedness evidenced by each Mortgage Note, and upon the sale of the Mortgage
Loans to the Purchaser, the Seller will retain the Mortgage Files or any part
thereof with respect thereto not delivered to the Purchaser or the Purchaser's
designee, in trust, only for the purpose of servicing and supervising the
servicing of each Mortgage Loan. Immediately prior to the transfer and
assignment to the Purchaser on the Closing Date, the Mortgage Loan, including
the Mortgage Note and the Mortgage, were not subject to an assignment (other
than the assignments to Seller's designee, MERS, if applicable), sale or pledge,
and the Seller had good and marketable title to and was the sole owner thereof
and had full right to transfer and sell the Mortgage Loan to the Purchaser free
and clear of any encumbrance, equity, lien, pledge, charge, claim or security
interest and has the full right and authority subject to no interest or
participation of, or agreement with, any other party, to sell and assign the
Mortgage Loan pursuant to this Agreement and following the sale of the Mortgage
Loan, the Purchaser will own such Mortgage Loan free and clear of any
encumbrance, equity, participation interest, lien, pledge, charge, claim or
security interest. The Seller intends to relinquish all rights to possess,
control and monitor the Mortgage Loan, except for the purposes of servicing the
Mortgage Loan as set forth in this Agreement. After the Closing Date, the Seller
will have no right to modify or alter the terms of the sale of the Mortgage Loan
and the Seller will have no obligation or right to repurchase the Mortgage Loan
or substitute another Mortgage Loan, except as provided in this Agreement, or as
otherwise agreed to by the Seller and the Purchaser;

      (m)     Each Mortgage Loan that is not a Co-op Loan is covered by an ALTA
lender's title insurance policy or other generally acceptable form of policy or
insurance acceptable to FNMA or FHLMC, issued by a title insurer acceptable to
FNMA or FHLMC and qualified to do business in the jurisdiction where the
Mortgaged Property is located, insuring (subject to the exceptions contained in
(j)(1), (2) and (3) above) the Seller, its successors and assigns, as to the
first priority lien of the Mortgage in the original principal amount of the
Mortgage Loan. Where required by state law or regulation, the Mortgagor has been
given the opportunity to choose the carrier of the required mortgage title
insurance. The Seller, its successors and assigns, are the sole insureds of such
lender's title insurance policy, such title insurance policy has been duly and
validly endorsed to the Purchaser or the assignment to the Purchaser of the
Seller's interest therein does not require the consent of or notification to the
insurer and such lender's title insurance policy is in full force and effect and
will be in full force and effect upon the consummation of the transactions
contemplated by this Agreement. No claims have been made under such lender's
title insurance policy, and no prior holder of the related Mortgage, including
the Seller, has done, by act or omission, anything which would impair the
coverage of such lender's title insurance policy;

      (n)     There is no default, breach, violation or event of acceleration
existing under the Mortgage or the related Mortgage Note and no event which,
with the passage of time or with notice and the expiration of any grace or cure
period, would constitute a default, breach, violation

                                                                              23

or event permitting acceleration; and neither the Seller nor any prior mortgagee
has waived any default, breach, violation or event permitting acceleration;

      (o)     There are no mechanics' or similar liens or claims which have been
filed for work, labor or material (and no rights are outstanding that under law
could give rise to such liens) affecting the related Mortgaged Property which
are or may be liens prior to or equal to the lien of the related Mortgage;

      (p)     All improvements subject to the Mortgage which were considered in
determining the Appraised Value of the Mortgaged Property lie wholly within the
boundaries and building restriction lines of the Mortgaged Property (and wholly
within the project with respect to a condominium unit) and no improvements on
adjoining properties encroach upon the Mortgaged Property except those which are
insured against by the title insurance policy referred to in clause (m) above
and all improvements on the Mortgaged Property comply with all applicable zoning
and subdivision laws and ordinances;

      (q)     The Mortgage Loan was originated by or for the Seller. The
Mortgage Loan complies with all the terms, conditions and requirements of the
Seller's underwriting standards in effect at the time of origination of such
Mortgage Loan, a copy of which have been provided to the Purchaser. The Mortgage
Notes and Mortgages (exclusive of any riders) are on forms acceptable to FNMA or
FHLMC. Seller is currently selling loans to FNMA and/or FHLMC which are the same
document forms as the Mortgage Notes and Mortgages (inclusive of any riders).
The Mortgage Loan bears interest at a fixed rate as set forth in the Mortgage
Loan Schedule, and Monthly Payments under the Mortgage Note are due and payable
on the first day of each month. The Mortgage contains the usual and enforceable
provisions for the acceleration of the payment of the unpaid principal amount of
the Mortgage Loan if the related Mortgaged Property is sold or transferred
without the prior consent of the mortgagee thereunder.;

      (r)     The Mortgaged Property is not subject to any material damage by
waste, fire, earthquake, windstorm, flood or other casualty. At origination of
the Mortgage Loan there was, there has not been, and there currently is, no
proceeding pending, or to the actual knowledge of Seller threatened, for the
total or partial condemnation of the Mortgaged Property. To the best of Seller's
knowledge, there are no such proceedings scheduled to commence at a future date;

      (s)     The related Mortgage contains customary and enforceable provisions
such as to render the rights and remedies of the holder thereof adequate for the
realization against the Mortgaged Property of the benefits of the security
provided thereby, including, (1) in the case of a Mortgage designated as a deed
of trust, by trustee's sale, and (2) otherwise by judicial foreclosure. There is
no homestead or other exemption available to the Mortgagor which would interfere
with the right to sell the Mortgaged Property at a trustee's sale or the right
to foreclose the Mortgage;

      (t)     If the Mortgage constitutes a deed of trust, a trustee, authorized
and duly qualified if required under applicable law to act as such, has been
properly designated and currently so serves and is named in the Mortgage, and no
fees or expenses, except as may be required by local

                                                                              24

law, are or will become payable by the Purchaser to the trustee under the deed
of trust, except in connection with a trustee's sale or attempted sale after
default by the Mortgagor;

      (u)     The Mortgage File contains an appraisal of the related Mortgaged
Property signed prior to the final approval of the mortgage loan application by
a Qualified Appraiser, approved by the Seller, who had no interest, direct or
indirect, in the Mortgaged Property or in any loan made on the security thereof,
and whose compensation is not affected by the approval or disapproval of the
Mortgage Loan, and the appraisal and appraiser both satisfy the requirements of
FNMA or FHLMC and Title XI FIRREA and the regulations promulgated thereunder,
all as in effect on the date the Mortgage Loan was originated. The appraisal is
in a form acceptable to FNMA or FHLMC and was made by a Qualified Appraiser;

      (v)     All parties which have had any interest in the Mortgage, whether
as mortgagee, assignee, pledgee or otherwise, are (or, during the period in
which they held and disposed of such interest, were) (A) in compliance with any
and all applicable licensing requirements of the laws of the state wherein the
Mortgaged Property is located, and (B) (1) organized under the laws of such
state, or (2) qualified to do business in such state, or (3) federal savings and
loan associations or national banks or a Federal Home Loan Bank or savings bank
having principal offices in such state, or (4) not doing business in such state;

      (w)     The related Mortgage Note is not and has not been secured by any
collateral except the lien of the corresponding Mortgage and the security
interest of any applicable security agreement or chattel mortgage referred to
above and such collateral does not serve as security for any other obligation;

      (x)     The Mortgagor has received all disclosure materials required by
applicable law with respect to the making of such mortgage loans;

      (y)     The Mortgage Loan does not contain "graduated payment",
"contingent interest", "shared appreciation" or "buy-down" features;

      (z)     The Mortgagor was not in bankruptcy on the date of origination of
the Mortgage Loan and, to the best of the Seller's knowledge, as of the Cut-Off
Date, the Mortgagor is not insolvent or in bankruptcy and the Seller has no
knowledge of any circumstances or condition with respect to the Mortgage, the
Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that could
reasonably be expected to cause investors to regard the Mortgage Loan as an
unacceptable investment, cause the Mortgage Loan to become delinquent, or
materially adversely affect the value or marketability of the Mortgage Loan;

      (aa)    The Mortgage Loans are fixed rate mortgage loans. The Mortgage
Loans have an original term to maturity of not more than thirty (30) years, with
interest payable in arrears on the first day of each month. Each Mortgage Note
requires equal monthly payments which are sufficient to fully amortize the
original principal balance over the original term thereof and to pay interest at
the related Mortgage Interest Rate. No Mortgage Loan contains terms or
provisions which would result in Negative Amortization.;

                                                                              25

      (bb)    In the event any Mortgage Loan has an LTV greater than 80.0% at
origination, (i) the excess of the principal balance of the Mortgage Loan over
75.0% of the Appraised Value of the Mortgaged Property with respect to a
Refinanced Mortgage Loan, or (ii) the lesser of the Appraised Value or the
purchase price of the Mortgaged Property with respect to a purchase money
Mortgage Loan, is insured as to payment defaults by a Primary Mortgage Insurance
Policy issued by a Qualified Insurer, except for any Primary Mortgage Insurance
Policy that is cancelled or terminated as required by law between the Cut-Off
Date and the Closing Date. All provisions of such Primary Mortgage Insurance
Policies referenced in the preceding sentence have been and are being complied
with, such policy is in full force and effect, and all premiums due thereunder
have been paid. No Mortgage Loan requires payment of such premiums, in whole or
in part by the Purchaser. No action, inaction, or event has occurred and no
state of facts exists that has or will result in the exclusion from, denial of,
or defense to coverage. Any Mortgage Loan subject to a Primary Mortgage
Insurance Policy obligates the Mortgagor thereunder to maintain the Primary
Mortgage Insurance Policy and to pay all premiums and charges in connection
therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the
Mortgage Loan Schedule is net of any such insurance premium. As of the date of
origination, no Mortgage Loan had an LTV greater than 95%;

      (cc)    The Assignment of Mortgage is in recordable form and is acceptable
for recording under the laws of the jurisdiction in which the Mortgaged Property
is located;

      (dd)    As to Mortgage Loans that are not Co-op, the Mortgaged Property is
located in the state identified in the Mortgage Loan Schedule and consists of a
single parcel of real property with a detached single family residence erected
thereon, or a two-to four-family dwelling, or an individual condominium unit in
a condominium project, or an individual unit in a planned unit development,
provided, however, that no residence or dwelling is a mobile home or
Manufactured Home. As of the date of origination, no portion of the Mortgaged
Property was used for commercial purposes (as per the FNMA Guides), and since
the date of origination, to the best of the Seller's knowledge, no portion of
the Mortgaged Property was used for commercial purposes (as per the FNMA
Guides);

      (ee)    Principal payments on the Mortgage Loan commenced no more than
sixty (60) days after the funds were disbursed in connection with the Mortgage
Loan. The Mortgage Note is payable on the first day of each month in equal
monthly installments of principal and interest, with interest calculated and
payable in arrears, sufficient to amortize the Mortgage Loan fully by the stated
maturity date, over an original term of not more than thirty (30) years from
commencement of amortization;

      (ff)    As of the date of origination of the Mortgage Loan, the Mortgaged
Property was lawfully occupied under applicable law, and all inspections,
licenses and certificates required to be made or issued with respect to all
occupied portions of the Mortgaged Property and, with respect to the use and
occupancy of the same, including but not limited to certificates of occupancy
and fire underwriting certificates, have been made or obtained from the
appropriate authorities;

                                                                              26

      (gg)    If the Mortgaged Property is a condominium unit or a planned unit
development (other than a de minimis planned unit development), or stock in a
cooperative housing corporation, such condominium, cooperative, or planned unit
development project meets Seller's eligibility requirements as set forth in
Seller's underwriting guidelines;

      (hh)    To the best of Seller's knowledge, there is no pending action or
proceeding directly involving the Mortgaged Property in which compliance with
any environmental law, rule or regulation is an issue; to the best of Seller's
knowledge, there is no violation of any environmental law, rule or regulation
with respect to the Mortgaged Property, and Seller has not received notice of
any such violation; and nothing further remains to be done to satisfy in full
all requirements of each such law, rule or regulation constituting a
prerequisite to use and enjoyment of said property;

      (ii)    No Mortgage Loan was made in connection with the construction or
rehabilitation of a Mortgaged Property or facilitating the trade-in or exchange
of a Mortgaged Property;

      (jj)    No action has been taken or failed to be taken by Seller, on or
prior to the Closing Date which has resulted or will result in an exclusion
from, denial of, or defense to coverage under any Primary Mortgage Insurance
Policy (including, without limitation, any exclusions, denials or defenses which
would limit or reduce the availability of the timely payment of the full amount
of the loss otherwise due thereunder to the insured) whether arising out of
actions, representations, errors, omissions, negligence, or fraud of the Seller,
or for any other reason under such coverage;

      (kk)    The origination, collection and servicing practices used by the
Seller, any Originator and Prior Servicers, with respect to each Mortgage Note
and Mortgage have been in compliance with Applicable Requirements, and in all
material respects proper and prudent in the mortgage origination and servicing
business. With respect to escrow deposits and payments that the Seller is
entitled to collect, all such payments are in the possession of, or under the
control of, the Seller, and there exist no deficiencies in connection therewith
for which customary arrangements for repayment thereof have not been made. All
escrow payments have been collected in full compliance with state and federal
law and the provisions of the related Mortgage Note and Mortgage. As to any
Mortgage Loan that is the subject of an escrow, escrow of funds is not
prohibited by applicable law and has been established in an amount sufficient to
pay for every escrowed item that remains unpaid and has been assessed but is not
yet due and payable. No escrow deposits or other charges or payments due under
the Mortgage Note have been capitalized under any Mortgage or the related
Mortgage Note;

      (ll)    With respect to each Co-op Loan, the related Mortgage is a valid,
enforceable and subsisting first security interest on the related cooperative
shares securing the related cooperative note and lease, subject only to (a)
liens of the cooperative for unpaid assessments representing the Mortgagor's pro
rata share of the cooperative's payments for its blanket mortgage, current and
future real property taxes, insurance premiums, maintenance fees and other
assessments to which like collateral is commonly subject and (b) other matters
to which like collateral is commonly subject which do not materially interfere
with the benefits of the security intended to be provided by the security
agreement. There are no liens against or security interests in the

                                                                              27

cooperative shares relating to each Co-op Loan (except for unpaid maintenance,
assessments and other amounts owed to the related cooperative which individually
or in the aggregate will not have a material adverse effect on such Co-op Loan),
which have priority equal to or over the Seller's security interest in such
cooperative shares;

      (mm)    With respect to each Co-op Loan, a search for filings of financing
statements has been made by a company competent to make the same, which company
is acceptable to FNMA and qualified to do business in the jurisdiction where the
cooperative unit is located, and such search has not found anything which would
materially and adversely affect the Co-op Loan;

      (nn)    With respect to each Co-op Loan, the related cooperative
corporation that owns title to the related cooperative apartment building is a
"cooperative housing corporation" within the meaning of Section 216 of the
Internal Revenue Code, and is in material compliance with applicable federal,
state and local laws which, if not complied with, could have a material adverse
effect on the Mortgaged Property;

      (oo)    With respect to each Co-op Loan, there is no prohibition against
pledging the shares of the cooperative corporation or assigning the Co-op Lease;

      (pp)    The Mortgage Loan was originated by a mortgagee approved by the
Secretary of Housing and Urban Development pursuant to sections 203 and 211 of
the National Housing Act, a savings and loan association, a savings bank, a
commercial bank, credit union, insurance company or similar institution which is
supervised and examined by a federal or state authority;

      (qq)    The Mortgage Loan is not secured by a leasehold interest under
such ground lease;

      (rr)    All taxes, governmental assessments, insurance premiums, water,
sewer and municipal charges, leasehold payments, ground rents relating to the
Mortgage Loans have been paid by Seller to the extent such items are required to
be paid by Seller pursuant to Applicable Requirements and as herein provided;

      (ss)    Each Mortgage Loan shall have a tax service contract and flood
insurance monitoring contract which shall have a term of the life of the
Mortgage Loan;

      (tt)    The Pool Statistics for the Mortgage Loans are as reflected on
Exhibit E attached hereto, which statistics are accurate as of the Cut-Off Date;

      (uu)    No Mortgage Loan is (a) a "high cost" loan under the Home
Ownership and Equity Protection Act of 1994 as amended, or (b) a "high cost,"
"threshold," "covered," "predatory," "abusive" (as defined by the Rating
Agencies), or similarly defined loan, under any other applicable state, federal
or local law (or a similarly classified loan using different terminology under a
law imposing heightened regulatory scrutiny or additional legal liability for
residential mortgage loans having high interest rates, points and/or fees),
provided that any Mortgage Loan secured by a Mortgaged Property in Illinois
characterized as a "threshold" loan shall not be a "high cost" loan unless it is
characterized as "predatory" under applicable local law or (c) a "High Cost
Loan" or "Covered Loan" as defined in the S&P LEVELS Glossary Version 5.6;

                                                                              28

      (vv)    No proceeds of any Mortgage Loan were used to finance
single-premium credit insurance policies;

      (ww)    No Mortgage Loan will impose a prepayment premium.;

      (xx)    The Mortgagor has not notified the Seller, and the Seller has no
knowledge of any relief requested or allowed to the Mortgagor under
Servicemembers Civil Relief Act, as amended, or any similar state law;

      (yy)    No Mortgage Loan secured by a Mortgaged Property located in the
State of Georgia was originated on or after October 1, 2002, and on or before
March 7, 2003, with an initial balance less than or equal to $322,700.00;

      (zz)    Article XVI, Section 50(a)(6) of the Texas Constitution is not
applicable to the Mortgage Loan or the origination thereof. If the Mortgage Loan
was originated in Texas, it is not a cash-out refinancing;

      (aaa)   No Mortgage Loan is a "pledged asset" mortgage loan;

      (bbb)   To the extent applicable to the originator of the Mortgage Loan,
the Seller or the originator of the Mortgage Loan has complied with the Bank
Secrecy Act, including specifically, the amendment set forth in the USA Patriot
Act of 2001;

      (ccc)   Each Mortgage Loan has a non-zero FICO score and a minimum FICO
score of 625;

      (ddd)   The Mortgagor related to each Mortgage Loan had a debt-to-income
ratio of 60% or less as of the origination date of the Mortgage Loan. With
respect to each Mortgage Loan with an original principal balance of $1 million
or more (i) the related Mortgagor had a debt-to-income ratio of 50% or less as
of the date of origination of such Mortgage Loan, (ii) the Mortgage Loan has a
reserve of no less than six (6) months, (iii) the LTV is 70% or less, and (iv)
the Mortgage Loan has a Mortgage File that includes (A) a full appraisal of the
Mortgaged Property and (B) full loan origination documentation that includes
income and asset verification forms; and

      (eee)   The parties hereto agree and understand that it is not intended
that any mortgage loan be included in the sale that is a "High-Cost Home Loan"
as defined in the New Jersey Home Ownership Act effective November 27, 2003 and
in the New Mexico Home Loan Protection Act effective January 1, 2004.

      Section 3.03.  Repurchase; Substitution.

      It is understood and agreed that the representations and warranties set
forth in Sections 3.01 and 3.02 shall survive the sale of the Mortgage Loans,
delivery of the Mortgage Loan Documents to the Purchaser, or its designee, and
shall inure to the benefit of the Purchaser, notwithstanding any restrictive or
qualified endorsement on any Mortgage Note or Assignment of Mortgage or the
examination, or lack of examination, of any Mortgage File. Upon discovery by

                                                                              29

either the Seller or the Purchaser of a breach of any of the foregoing
representations and warranties which materially and adversely affects the value
of a Mortgage Loan or the Mortgage Loans or the interest of the Purchaser in any
Mortgage Loan or all of the Mortgage Loans, the party discovering such breach
shall give prompt written notice to the other. The Seller shall have a period of
sixty (60) days from the earlier of its discovery or its receipt of notice of
any such breach within which to correct or cure such breach. The Seller hereby
covenants and agrees that if any such breach is not corrected or cured within
such sixty (60) day period, the Seller shall, at the Purchaser's option and not
later than ninety (90) days after the earlier of its discovery or its receipt of
notice of such breach, repurchase such Mortgage Loan at the Repurchase Price;
provided, however, that in the event such breach constitutes a breach of Section
3.02(uu), then the Repurchase Price shall also include any costs and damages
incurred by Purchaser as a result of such breach; or, with the Purchaser's prior
consent, which consent shall not be unreasonably withheld, substitute a Mortgage
Loan as provided below. In the event that any such breach shall involve any
representation or warranty set forth in Section 3.01, and such breach is not
cured within sixty (60) days after the earlier of either discovery by or notice
to the Seller of such breach, all Mortgage Loans shall, at the option of the
Purchaser, be repurchased by the Seller at the Repurchase Price. Any such
repurchase shall be accomplished by deposit in the Custodial Account of the
amount of the Repurchase Price, after deducting therefrom any amounts received
in respect of such repurchased Mortgage Loan and being held in the Custodial
Account for future distribution. Notwithstanding the foregoing, upon the
discovery or being notified of a breach of any representation or warranty that
would cause a Mortgage Loan to be other than a "qualified mortgage" within
Section 860G(a)(3) of the Code, the Seller shall either cure or effect a
repurchase or substitution within seventy-five (75) days after the earlier of
discovering or being notified of such breach.

      If the Seller is required to repurchase any Mortgage Loan pursuant to this
Section 3.03, the Seller may, with the Purchaser's prior consent, which consent
shall not be unreasonably withheld, within 120 days after the Closing Date,
remove such defective Mortgage Loan from the terms of this Agreement and
substitute another mortgage loan for such defective Mortgage Loan, in lieu of
repurchasing such defective Mortgage Loan. Any substitute Mortgage Loan shall
(a) have an outstanding principal balance at the time of substitution, after
deduction of all scheduled payments due in the month of substitution (or in the
case of a substitution of more than one mortgage loan for a removed Mortgage
Loan, an aggregate principal balance), not in excess of the outstanding
principal balance of the removed Mortgage Loan (the amount of any difference,
plus one month's interest thereon at the Mortgage Interest Rate borne by the
defective Mortgage Loan, being paid by the Seller and deemed to be a Principal
Prepayment to be deposited by the Seller in the Custodial Account), (b) have a
Mortgage Interest Rate not less than, and not more than one percentage point
greater than, the Mortgage Interest Rate of the removed Mortgage Loan, (c) have
a remaining term to stated maturity not later than, and not more than one (1)
year less than, the remaining term to stated maturity of the removed Mortgage
Loan, (d) be, in the reasonable determination of the Purchaser, of the same
type, quality and character (including location of the Mortgaged Property) as
the removed Mortgage Loan as if the breach had not occurred, (e) have a
Loan-to-Value Ratio at origination no greater than that of the removed Mortgage
Loan, and (f) be, in the reasonable determination of the Purchaser, in
compliance with

                                                                              30

each representation and warranty contained in this Agreement and described in
Section 3.01 and Section 3.02 as of the date of substitution.

      The Seller shall amend the Mortgage Loan Schedule to reflect the
withdrawal of the removed Mortgage Loan from this Agreement and the substitution
of such substitute Mortgage Loan therefor. Upon such amendment, the Purchaser
shall review the Mortgage File delivered to it relating to the substitute
Mortgage Loan. In the event of such a substitution, accrued interest on the
substitute Mortgage Loan for the month in which the substitution occurs and any
Principal Prepayments made thereon during such month shall be the property of
the Purchaser and accrued interest for such month on the Mortgage Loan for which
the substitution is made and any Principal Prepayments made thereon during such
month shall be the property of the Seller. The principal payment on a substitute
Mortgage Loan due on the Due Date in the month of substitution shall be the
property of the Seller and the principal payment on the Mortgage Loan for which
the substitution is made due on such date shall be the property of the
Purchaser.

      It is understood and agreed that the obligation of the Seller set forth in
this Section 3.03 to cure, repurchase or substitute for a defective Mortgage
Loan, and to indemnify Purchaser pursuant to Section 8.01, constitutes the sole
remedies of the Purchaser respecting a breach of the foregoing representations
and warranties. If the Seller fails to repurchase or substitute for a defective
Mortgage Loan in accordance with this Section 3.03, or fails to cure a defective
Mortgage Loan to Purchaser's reasonable satisfaction in accordance with this
Section 3.03, or to indemnify Purchaser pursuant to Section 8.01, that failure
shall, upon compliance by the Purchaser with the next to the last paragraph of
this Section 3.03, be an Event of Default and the Purchaser shall be entitled to
pursue all remedies available in this Agreement as a result thereof. No
provision of this paragraph shall affect the rights of the Purchaser to
terminate this Agreement for cause, as set forth in Sections 10.01 and 11.01.

      Any cause of action against the Seller relating to or arising out of the
breach of any representations and warranties made in Sections 3.01 and 3.02
shall accrue as to any Mortgage Loan upon (i) the earlier of discovery of such
breach by the Seller or notice thereof by the Purchaser to the Seller, (ii)
failure by the Seller to cure such breach or repurchase such Mortgage Loan as
specified above, and (iii) demand upon the Seller by the Purchaser for
compliance with this Agreement.

      In the event that any Mortgage Loan is held by a REMIC, notwithstanding
any contrary provision of this Agreement, with respect to any Mortgage Loan that
is not in default or as to which no default is imminent, Purchaser may elect not
to require repurchase or permit substitution pursuant to Subsection 3.03 after
the applicable REMIC's "start up day" (as defined in Section 860G(a) (9) of the
Code), unless the Seller has obtained an Opinion of Counsel to the effect that
such repurchase or substitution will not (i) result in the imposition of taxes
on "prohibited transactions" of such REMIC (as defined in Section 860F of the
Code) or otherwise subject the REMIC to tax, or (ii) cause the REMIC to fail to
qualify as a REMIC at any time.

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                                   ARTICLE IV

               ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS

      Section 4.01.  Seller to Act as Servicer.

      The Seller, as independent contract servicer, shall service and administer
the Mortgage Loans in accordance with this Agreement and with Applicable
Requirements, and shall have full power and authority, acting alone, to do or
cause to be done any and all things in connection with such servicing and
administration which the Seller may deem necessary or desirable and consistent
with the terms of this Agreement and with Applicable Requirements and exercise
the same care that it customarily employs for its own account. Except as set
forth in this Agreement, the Seller shall service the Mortgage Loans in strict
compliance with the servicing provisions of the FNMA Guides (special servicing
option), which include, but are not limited to, provisions regarding the
liquidation of Mortgage Loans, the collection of Mortgage Loan payments, the
payment of taxes, insurance and other charges, the maintenance of hazard
insurance with a Qualified Insurer, the maintenance of mortgage impairment
insurance, the maintenance of fidelity bond and errors and omissions insurance,
inspections, the restoration of Mortgaged Property, the maintenance of Primary
Mortgage Insurance Policies, insurance claims, the title, management and
disposition of REO Property, permitted withdrawals with respect to REO Property,
liquidation reports, and reports of foreclosures and abandonments of Mortgaged
Property, the transfer of Mortgaged Property, the release of Mortgage Files,
annual statements, and examination of records and facilities. In the event of
any conflict, inconsistency or discrepancy between any of the servicing
provisions of this Agreement and any of the servicing provisions of the FNMA
Guides, the provisions of this Agreement shall control and be binding upon the
Purchaser and the Seller.

      Consistent with the terms of this Agreement, the Seller may waive, modify
or vary any term of any Mortgage Loan or consent to the postponement of any such
term or in any manner grant indulgence to any Mortgagor if in the Seller's
reasonable and prudent determination such waiver, modification, postponement or
indulgence is not materially adverse to the Purchaser, provided, however, that
unless the Seller has obtained the prior written consent of the Purchaser, the
Seller shall not permit any modification with respect to any Mortgage Loan that
would change the Mortgage Interest Rate, forgive the payment of principal or
interest, reduce or increase the outstanding principal balance (except for
actual payments of principal) or change the final maturity date on such Mortgage
Loan. In the event of any such modification which has been agreed to in writing
by the Purchaser and which permits the deferral of interest or principal
payments on any Mortgage Loan, the Seller shall, on the Business Day immediately
preceding the Remittance Date in any month in which any such principal or
interest payment has been deferred, deposit in the Custodial Account from its
own funds, in accordance with Section 4.04, the difference between (a) such
month's principal and one month's interest at the Mortgage Loan Remittance Rate
on the unpaid principal balance of such Mortgage Loan and (b) the amount paid by
the Mortgagor. The Seller shall be entitled to reimbursement for such advances
to the same extent as for all other advances pursuant to Section 4.05. Without
limiting the generality of the foregoing, the Seller shall continue, and is
hereby authorized and empowered, to prepare, execute and deliver, all
instruments of satisfaction or cancellation, or of partial or full release,
discharge

                                                                              32

and all other comparable instruments, with respect to the Mortgage Loans and
with respect to the Mortgaged Properties. Notwithstanding anything herein to the
contrary, the Seller may not enter into a forbearance agreement or similar
arrangement with respect to any Mortgage Loan which runs more than 180 days
after the first delinquent Due Date. Any such agreement shall be approved by any
applicable holder of a Primary Mortgage Insurance Policy, if required.

      In servicing and administering the Mortgage Loans, the Seller shall employ
Applicable Requirements, giving due consideration to the Purchaser's reliance on
the Seller. Unless a different time period is stated in this Agreement,
Purchaser shall be deemed to have given consent in connection with a particular
matter if Purchaser does not affirmatively grant or deny consent within five (5)
Business Days from the date Purchaser receives a second written request for
consent for such matter from Seller as servicer.

      The Mortgage Loans may be subserviced by the Subservicer on behalf of the
Seller provided that the Subservicer is an entity that engages in the business
of originating, acquiring or servicing loans, and in either case shall be
authorized to transact business, and licensed to service mortgage loans, in the
state or states where the related Mortgaged Properties it is to service are
situated, if and to the extent required by applicable law to enable the
Subservicer to perform its obligations hereunder and under the Subservicing
Agreement, and in either case shall be a FHLMC or FNMA approved mortgage
servicer in good standing, and no event has occurred, including but not limited
to a change in insurance coverage, which would make it unable to comply with the
eligibility requirements for lenders imposed by FNMA or for seller/servicers
imposed by FHLMC, or which would require notification to FNMA or FHLMC. In
addition, each Subservicer will obtain and preserve its qualifications to do
business as a foreign corporation and its licenses to service mortgage loans, in
each jurisdiction in which such qualifications and/or licenses are or shall be
necessary to protect the validity and enforceability of this Agreement, or any
of the Mortgage Loans and to perform or cause to be performed its duties under
the related Subservicing Agreement. The Seller may perform any of its servicing
responsibilities hereunder or may cause the Subservicer to perform any such
servicing responsibilities on its behalf, but the use by the Seller of the
Subservicer shall not release the Seller from any of its obligations hereunder
and the Seller shall remain responsible hereunder for all acts and omissions of
the Subservicer as fully as if such acts and omissions were those of the Seller.
The Seller shall pay all fees and expenses of the Subservicer from its own
funds, and the Subservicer's fee shall not exceed the Servicing Fee. Seller
shall notify Purchaser promptly in writing upon the appointment of any
Subservicer.

      At the cost and expense of the Seller, without any right of reimbursement
from the Custodial Account, the Seller shall be entitled to terminate the rights
and responsibilities of the Subservicer and arrange for any servicing
responsibilities to be performed by a successor subservicer meeting the
requirements in the preceding paragraph, provided, however, that nothing
contained herein shall be deemed to prevent or prohibit the Seller, at the
Seller's option, from electing to service the related Mortgage Loans itself. In
the event that the Seller's responsibilities and duties under this Agreement are
terminated pursuant to Section 4.13, 8.04, 9.01, 10.01 or 10.02 and if requested
to do so by the Purchaser, the Seller shall at its own cost and expense
terminate the rights and responsibilities of the Subservicer effective as of the
date of termination of the Seller. The Seller shall pay all fees, expenses or
penalties necessary in order

                                                                              33

to terminate the rights and responsibilities of the Subservicer from the
Seller's own funds without reimbursement from the Purchaser.

      Notwithstanding any of the provisions of this Agreement relating to
agreements or arrangements between the Seller and the Subservicer or any
reference herein to actions taken through the Subservicer or otherwise, the
Seller shall not be relieved of its obligations to the Purchaser and shall be
obligated to the same extent and under the same terms and conditions as if it
alone were servicing and administering the Mortgage Loans. The Seller shall be
entitled to enter into an agreement with the Subservicer for indemnification of
the Seller by the Subservicer and nothing contained in this Agreement shall be
deemed to limit or modify such indemnification. The Seller will indemnify and
hold Purchaser harmless from any loss, liability or expense arising out of its
use of a Subservicer to perform any of its servicing duties, responsibilities
and obligations hereunder.

      Any Subservicing Agreement and any other transactions or services relating
to the Mortgage Loans involving the Subservicer shall be deemed to be between
the Subservicer and Seller alone, and the Purchaser shall have no obligations,
duties or liabilities with respect to the Subservicer including no obligation,
duty or liability of Purchaser to pay the Subservicer's fees and expenses. For
purposes of distributions and advances by the Seller pursuant to this Agreement,
the Seller shall be deemed to have received a payment on a Mortgage Loan when
the Subservicer has received such payment.

      Section 4.02.  Collection of Mortgage Loan Payments.

      Continuously from the date hereof until the date each Mortgage Loan ceases
to be serviced subject to this Agreement, the Seller will proceed diligently to
collect all payments due under each Mortgage Loan when the same shall become due
and payable and shall, to the extent such procedures shall be consistent with
this Agreement, Applicable Requirements, and the terms and provisions of related
Primary Mortgage Insurance Policy, follow such collection procedures as it
follows with respect to mortgage loans comparable to the Mortgage Loans and held
for its own account. Further, the Seller will take special care in ascertaining
and estimating annual escrow payments, and all other charges that, as provided
in the Mortgage, will become due and payable, so that the installments payable
by the Mortgagors will be sufficient to pay such charges as and when they become
due and payable.

      Section 4.03.  Realization Upon Defaulted Mortgage Loans.

      The Seller shall use its best efforts, consistent with the procedures that
the Seller would use in servicing loans for its own account, consistent with
Applicable Requirements, any Primary Mortgage Insurance Policies and the best
interest of Purchaser, to foreclose upon or otherwise comparably convert the
ownership of properties securing such of the Mortgage Loans as come into and
continue in default and as to which no satisfactory arrangements can be made for
collection of delinquent payments pursuant to Section 4.01. Foreclosure or
comparable proceedings shall be initiated within one hundred twenty (120) days
of default for Mortgaged Properties for which no satisfactory arrangements can
be made for collection of delinquent payments. The Seller shall use commercially
reasonable best efforts to realize upon defaulted

                                                                              34

Mortgage Loans in such manner as will maximize the receipt of principal and
interest by the Purchaser, taking into account, among other things, the timing
of foreclosure proceedings. The foregoing is subject to the provisions that, in
any case in which Mortgaged Property shall have suffered damage, the Seller
shall not be required to expend its own funds toward the restoration of such
property unless it shall determine in its discretion (i) that such restoration
will increase the proceeds of liquidation of the related Mortgage Loan to the
Purchaser after reimbursement to itself for such expenses, and (ii) that such
expenses will be recoverable by the Seller through Insurance Proceeds or
Liquidation Proceeds from the related Mortgaged Property, as contemplated in
Section 4.05. Seller shall obtain prior approval of Purchaser as to restoration
expenses in excess of ten thousand dollars ($10,000). The Seller shall notify
the Purchaser in writing of the commencement of foreclosure proceedings and
prior to the acceptance or rejection of any offer of reinstatement, and shall
provide such information regarding the Mortgage Loan as the Purchaser reasonably
may request. The Seller shall be responsible for all costs and expenses incurred
by it in any such proceedings or functions; provided, however, that it shall be
entitled to reimbursement thereof from the related property, as contemplated in
Section 4.05. Notwithstanding anything to the contrary contained herein, with
respect to any Mortgage Loan as to which the Purchaser has received actual
notice of, or has actual knowledge of, the presence of any toxic or hazardous
substance on the related Mortgaged Property, the Purchaser may instruct Seller
not to take title or possession of the Mortgaged Property or any other action
reasonable under the circumstances. In the event that Seller as servicer
receives notice that the Mortgaged Property is contaminated by any toxic or
hazardous substance, Seller shall so notify Purchaser.

      In the event that a Mortgage Loan becomes part of a REMIC, and becomes REO
Property, such property shall be disposed of by Seller, with the consent of
Purchaser as required pursuant to this Agreement, within three (3) years after
becoming an REO Property, unless Seller provides to the trustee under such REMIC
an Opinion of Counsel to the effect that the holding of such REO Property
subsequent to three (3) years after its becoming REO Property, will not result
in the imposition of taxes on "prohibited transactions" as defined in Section
860F of the Code, or cause the transaction to fail to qualify as a REMIC at any
time that certificates are outstanding. Seller shall manage, conserve, protect
and operate each such REO Property for the certificate holders solely for the
purpose of its prompt disposition and sale in a manner which does not cause such
property to fail to qualify as "foreclosure property" within the meaning of
Section 860F(a)(2)(E) of the Code, or any "net income from foreclosure property"
which is subject to taxation under the REMIC Provisions. Pursuant to its efforts
to sell such property, the Seller shall either itself or through an agent
selected by Seller, protect and conserve such property in the same manner and to
such an extent as is customary in the locality where such property is located.
Additionally, Seller shall perform the tax withholding and reporting related to
Sections 1445 and 6050J of the Code, if required by the REMIC.

      The Purchaser shall have the right, but not the obligation, to terminate
the servicing of any Mortgage Loan, without the payment of a termination fee, as
more particularly described in Section 10.02, once such Mortgage Loan becomes
ninety (90) days or more delinquent.

                                                                              35

      Section 4.04.  Establishment of Custodial Accounts; Deposits in Custodial
                     Accounts.

      The Seller shall segregate and hold all funds collected and received
pursuant to each Mortgage Loan separate and apart from any of its own funds and
general assets and shall establish and maintain one or more Custodial Accounts.
The Custodial Account shall be an Eligible Account. Funds deposited in the
Custodial Account may be drawn on in accordance with Section 4.05. The creation
of any Custodial Account shall be evidenced by a letter agreement in the form
shown in Exhibit B hereto. The original of such letter agreement shall be
furnished to the Purchaser on the Closing Date, and upon the request of any
subsequent purchaser.

      The Seller shall deposit in the Custodial Account on a daily basis, and
retain therein the following payments and collections received or made by it
subsequent to the Cut-off Date, or received by it prior to the Cut-off Date but
allocable to a period subsequent thereto, other than in respect of principal and
interest on the Mortgage Loans due on or before the Cut-off Date:

      (i)     all payments on account of principal, including Principal
Prepayments, on the Mortgage Loans;

      (ii)    all payments on account of interest on the Mortgage Loans adjusted
to the Mortgage Loan Remittance Rate;

      (iii)   Liquidation Proceeds;

      (iv)    any amounts required to be deposited by the Seller in connection
with any REO Property pursuant to Section 4.13;

      (v)     all Insurance Proceeds including amounts required to be deposited
pursuant to Sections 4.08, 4.10 and 4.11, other than proceeds to be held in the
Escrow Account and applied to the restoration or repair of the Mortgaged
Property or released to the Mortgagor in accordance with Applicable
Requirements;

      (vi)    all Condemnation Proceeds affecting any Mortgaged Property which
are not released to the Mortgagor in accordance with Applicable Requirements;

      (vii)   Monthly Advances;

      (viii)  all proceeds of any Mortgage Loan repurchased and other amounts
payable in connection with any substituted Mortgage Loan in accordance with
Section 3.03;

      (ix)    any amounts required to be deposited by the Seller pursuant to
Section 4.10 in connection with the deductible clause in any blanket hazard
insurance policy, such deposit shall be made from the Seller's own funds,
without reimbursement therefor;

      (x)     any amounts required to be deposited in the Custodial Account
pursuant to Section 4.01, 4.13 or 6.02; and

      (xi)    any Prepayment Interest Shortfall Amount.

                                                                              36

      The foregoing requirements for deposit in the Custodial Account shall be
exclusive, it being understood and agreed that, without limiting the generality
of the foregoing, payments in the nature of late payment charges and assumption
fees, to the extent permitted by Section 6.01, need not be deposited by the
Seller in the Custodial Account. Any interest paid on funds deposited in the
Custodial Account by the depository institution shall accrue to the benefit of
the Seller and the Seller shall be entitled to retain and withdraw such interest
from the Custodial Account pursuant to Section 4.05(iv).

      Section 4.05.  Permitted Withdrawals From the Custodial Account.

      The Seller may, from time to time, withdraw from the Custodial Account for
the following purposes:

      (i)     to make payments to the Purchaser in the amounts and in the manner
provided for in Section 5.01;

      (ii)    to reimburse itself for Monthly Advances, the Seller's right to
reimburse itself pursuant to this subclause (ii) being limited to amounts
received on the related Mortgage Loan which represent late collections (net of
the related Servicing Fee) of principal and/or interest respecting which any
such advance was made, it being understood that, in the case of such
reimbursement, the Seller's right thereto shall be prior to the rights of the
Purchaser, except that, where the Seller is required to repurchase a Mortgage
Loan, pursuant to Section 3.03, the Seller's right to such reimbursement shall
be subsequent to the payment to the Purchaser of the Repurchase Price pursuant
to such Section and all other amounts required to be paid to the Purchaser with
respect to such Mortgage Loan;

      (iii)   to reimburse itself for unreimbursed Servicing Advances and any
unpaid Servicing Fees, the Seller's right to reimburse itself pursuant to this
subclause (iii) with respect to any Mortgage Loan being limited to related
proceeds from Liquidation Proceeds, Condemnation Proceeds and Insurance Proceeds
in accordance with the relevant provisions of the FNMA Guides or as otherwise
set forth in this Agreement;

      (iv)    to pay to itself as part of its servicing compensation: (a) any
interest earned on funds in the Custodial Account (all such interest to be
withdrawn monthly not later than each Remittance Date), and (b) the Servicing
Fee from that portion of any payment or recovery as to interest with respect to
a particular Mortgage Loan;

      (v)     to pay to itself with respect to each Mortgage Loan that has been
repurchased pursuant to Section 3.03 or Section 3.04 all amounts received
thereon and not distributed as of the date on which the related repurchase price
is determined;

      (vi)    to transfer funds to another Eligible Account in accordance with
Section 4.09 hereof;

      (vii)   to remove funds inadvertently placed in the Custodial Account by
the Seller; and

                                                                              37

      (viii)  to clear and terminate the Custodial Account upon the termination
of this Agreement.

      The Seller shall keep and maintain separate accounting, on a Mortgage Loan
by Mortgage Loan basis, for the purpose of justifying any withdrawal from the
Custodial Account.

      Section 4.06.  Establishment of Escrow Accounts; Deposits in Escrow
                     Accounts.

      The Seller shall segregate and hold all funds collected and received
pursuant to each Mortgage Loan which constitute Escrow Payments separate and
apart from any of its own funds and general assets and shall establish and
maintain one or more Escrow Accounts. The Escrow Account shall be an Eligible
Account. Funds deposited in the Escrow Account may be drawn on by the Seller in
accordance with Section 4.07. The creation of any Escrow Account shall be
evidenced by a letter agreement in the form shown in Exhibit C. The original of
such letter agreement shall be furnished to the Purchaser on the Closing Date,
and upon request to any subsequent purchaser.

      The Seller shall deposit in the Escrow Account or Accounts on a daily
basis, and retain therein:

      (i)     all Escrow Payments collected on account of the Mortgage Loans,
for the purpose of effecting timely payment of any such items as required under
the terms of this Agreement;

      (ii)    all Insurance Proceeds which are to be applied to the restoration
or repair of any Mortgaged Property; and

      (iii)   all Servicing Advances for Mortgagors whose Escrow Payments are
insufficient to cover escrow disbursements.

      The Seller shall make withdrawals from the Escrow Account only to effect
such payments as are required under this Agreement, and for such other purposes
as shall be as set forth or in accordance with Section 4.07. The Seller shall be
entitled to retain any interest paid on funds deposited in the Escrow Account by
the depository institution other than interest on escrowed funds required by law
to be paid to the Mortgagor and, to the extent required by law, the Seller shall
pay interest on escrowed funds to the Mortgagor notwithstanding that the Escrow
Account is non-interest bearing or that interest paid thereon is insufficient
for such purposes without reimbursement therefor.

      Section 4.07.  Permitted Withdrawals From Escrow Account.

      Withdrawals from the Escrow Account may be made by Seller only:

      (i)     to effect timely payments of ground rents, taxes, assessments,
water rates, Primary Mortgage Insurance Policy premiums, if applicable, fire and
hazard insurance premiums, condominium assessments and comparable items;

                                                                              38

      (ii)    to reimburse Seller for any Servicing Advance made by Seller with
respect to a related Mortgage Loan but only from amounts received on the related
Mortgage Loan which represent late payments or collections of Escrow Payments
thereunder;

      (iii)   to refund to the Mortgagor any funds as may be determined to be
overages;

      (iv)    for transfer to the Custodial Account in accordance with the terms
of this Agreement;

      (v)     for application to restoration or repair of the Mortgaged
Property;

      (vi)    to pay to the Seller, or to the Mortgagor to the extent required
by law, any interest paid on the funds deposited in the Escrow Account;

      (vii)   to clear and terminate the Escrow Account on the termination of
this Agreement. As part of its servicing duties, the Seller shall pay to the
Mortgagors interest on funds in the Escrow Account, to the extent required by
law, and to the extent that interest earned on funds in the Escrow Account is
insufficient, shall pay such interest from its own funds, without any
reimbursement therefor; and

      (viii)  to pay to the Mortgagors or other parties Insurance Proceeds
deposited in accordance with Section 4.06.

      Section 4.08.  Payment of Taxes, Insurance and Other Charges; Maintenance
                     of Primary Mortgage Insurance Policies; Collections
                     Thereunder.

      With respect to each Mortgage Loan, the Seller shall maintain accurate
records reflecting the status of ground rents, taxes, assessments, water rates
and other charges which are or may become a lien upon the Mortgaged Property and
the status of primary mortgage insurance premiums and fire and hazard insurance
coverage and shall obtain, from time to time, all bills for the payment of such
charges, including renewal premiums and shall effect payment thereof prior to
the applicable penalty or termination date and at a time appropriate for
securing maximum discounts allowable, employing for such purpose deposits of the
Mortgagor in the Escrow Account which shall have been estimated and accumulated
by the Seller in amounts sufficient for such purposes, as allowed under the
terms of the Mortgage or applicable law. To the extent that the Mortgage does
not provide for Escrow Payments, the Seller shall determine that any such
payments are made by the Mortgagor at the time they first become due. The Seller
assumes full responsibility for the timely payment of all such bills and shall
effect timely payments of all such bills irrespective of the Mortgagor's
faithful performance in the payment of same or the making of the Escrow Payments
and shall make advances from its own funds to effect such payments.

      The Seller will maintain in full force and effect Primary Mortgage
Insurance Policies issued by a Qualified Insurer with respect to each Mortgage
Loan for which such coverage is herein required. Such coverage will be
maintained until the loan-to-value ratio of the related Mortgage Loan is reduced
to 80% or less in the case of a Mortgage Loan having a Loan-to-Value Ratio at
origination in excess of 80%; provided, however, that for purposes hereof, the
Loan-to-Value Ratio shall be determined in accordance with applicable law if
such determination is

                                                                              39

different from the definition of Loan-to-Value Ratio provided in this Agreement.
The Seller will not cancel or refuse to renew any Primary Mortgage Insurance
Policy in effect on the Closing Date that is required to be kept in force under
this Agreement unless a replacement Primary Mortgage Insurance Policy for such
canceled or nonrenewed policy is obtained from and maintained with a Qualified
Insurer. The Seller shall not take any action which would result in non-coverage
under any applicable Primary Mortgage Insurance Policy of any loss which, but
for the actions of the Seller would have been covered thereunder. In connection
with any assumption or substitution agreement entered into or to be entered into
pursuant to Section 6.01, the Seller shall promptly notify the insurer under the
related Primary Mortgage Insurance Policy, if any, of such assumption or
substitution of liability in accordance with the terms of such policy and shall
take all actions which may be required by such insurer as a condition to the
continuation of coverage under the Primary Mortgage Insurance Policy. If such
Primary Mortgage Insurance Policy is terminated as a result of such assumption
or substitution of liability, the Seller shall obtain a replacement Primary
Mortgage Insurance Policy as provided above.

      In connection with its activities as servicer, the Seller agrees to
prepare and present, on behalf of itself and the Purchaser, claims to the
insurer under any Private Mortgage Insurance Policy in a timely fashion in
accordance with the terms of such Primary Mortgage Insurance Policy and, in this
regard, to take such action as shall be necessary to permit recovery under any
Primary Mortgage Insurance Policy respecting a defaulted Mortgage Loan. Pursuant
to Section 4.04, any amounts collected by the Seller under any Primary Mortgage
Insurance Policy shall be deposited in the Custodial Account, subject to
withdrawal pursuant to Section 4.05.

      Section 4.09.  Transfer of Accounts.

      The Seller may transfer the Custodial Account or the Escrow Account to a
different Eligible Account from time to time. Such transfer shall be made only
upon obtaining the prior written consent of the Purchaser, which consent will
not be unreasonably withheld.

      Section 4.10.  Maintenance of Hazard Insurance.

      The Seller shall cause to be maintained for each Mortgage Loan fire and
hazard insurance with extended coverage as is acceptable to FNMA and FHLMC and
customary in the area where the Mortgaged Property is located in an amount which
is equal to the lesser of (i) the maximum insurable value of the improvements
securing such Mortgage Loan or (ii) the greater of (a) the outstanding principal
balance of the Mortgage Loan, and (b) an amount such that the proceeds thereof
shall be sufficient to prevent the Mortgagor and/or the mortgagee from becoming
a co-insurer. In the event a hazard insurance policy shall be terminated, or in
the event the insurer shall cease to be acceptable to FNMA or FHLMC, the Seller
shall notify the Purchaser and the related Mortgagor, and shall use its best
efforts, as permitted by applicable law, to obtain from another qualified
insurer a replacement hazard insurance policy substantially and materially
similar in all respects to the original policy. In no event, however, shall a
Mortgage Loan be without a hazard insurance policy at any time, subject only to
Section 4.11 hereof. If required by the Flood Disaster Protection Act of 1973,
as amended, each Mortgage Loan shall be covered by a flood insurance policy
meeting the requirements of the current guidelines of the Federal

                                                                              40

Insurance Administration in effect with an insurance carrier acceptable to FNMA
and/or FHLMC, in an amount representing coverage not less than the least of (i)
the outstanding principal balance of the Mortgage Loan, (ii) the maximum
insurable value of the improvements securing such Mortgage Loan or (iii) the
maximum amount of insurance which is available under the Flood Disaster
Protection Act of 1973, as amended. If at any time during the term of the
Mortgage Loan, the Seller determines in accordance with applicable law and
pursuant to the FNMA Guides that a Mortgaged Property is located in a special
flood hazard area and is not covered by flood insurance or is covered in an
amount less than the amount required by the Flood Disaster Protection Act of
1973, as amended, the Seller shall notify the related Mortgagor that the
Mortgagor must obtain such flood insurance coverage, and if said Mortgagor fails
to obtain the required flood insurance coverage within forty-five (45) days
after such notification, the Seller shall immediately force place the required
flood insurance on the Mortgagor's behalf. The Seller shall also maintain on
each REO Property, fire and hazard insurance with extended coverage in an amount
which is at least equal to the maximum insurable value of the improvements which
are a part of such property, and, to the extent required and available under the
Flood Disaster Protection Act of 1973, as amended, flood insurance in an amount
as provided above. If a Mortgage is secured by a unit in a condominium project,
the Seller shall verify that the coverage required of the owner's association,
including hazard, flood, liability, and fidelity coverage, is being maintained
in accordance with then current FNMA requirements, and secure from the owner's
association its agreement to notify the Seller promptly of any change in the
insurance coverage or of any condemnation or casualty loss that may have a
material effect on the value of the Mortgaged Property as security. In the event
that the Purchaser shall determine that the Mortgaged Property should be insured
against loss or damage by hazards and risks not covered by the insurance
required to be maintained by the Mortgagor pursuant to the terms of the
Mortgage, the Seller shall, at the Purchaser's request, communicate and consult
with the Mortgagor with respect to the need for such insurance and bring to the
Mortgagor's attention the desirability of protection of the Mortgaged Property.
Any amounts collected by the Seller under any such policies other than amounts
to be deposited in the Escrow Account and applied to the restoration or repair
of the Mortgaged Property or REO Property, or released to the Mortgagor in
accordance with Applicable Requirements, shall be deposited in the Custodial
Account, subject to withdrawal pursuant to Section 4.05. It is understood and
agreed that no other additional insurance need be required by the Seller or the
Mortgagor or maintained on property acquired in respect of the Mortgage Loan,
other than pursuant to this Agreement, the FNMA Guides or such applicable state
or federal laws and regulations as shall at any time be in force and as shall
require such additional insurance. All such policies shall be endorsed with
standard mortgagee clauses with loss payable to the Seller and its successors
and/or assigns and shall provide for at least thirty (30) days prior written
notice of any cancellation, reduction in the amount or material change in
coverage to the Seller. The Seller shall not interfere with the Mortgagor's
freedom of choice in selecting either his insurance carrier or agent, provided,
however, that the Seller shall not accept any such insurance policies from
insurance companies unless such companies are Qualified Insurers.

      Section 4.11.  Maintenance of Mortgage Impairment Insurance Policy.

      In the event that the Seller shall obtain and maintain a blanket policy
issued by an insurer acceptable to FNMA and/or FHLMC insuring against hazard
losses on all of the Mortgage

                                                                              41

Loans, then, to the extent such policy names the Seller as loss payee, provides
coverage in an amount equal to the amount required pursuant to Section 4.10 and
otherwise complies with all other requirements of Section 4.10, it shall
conclusively be deemed to have satisfied its obligations as set forth in Section
4.10, it being understood and agreed that such policy may contain a deductible
clause, in which case the Seller shall, in the event that there shall not have
been maintained on the related Mortgaged Property or REO Property a policy
complying with Section 4.10, and there shall have been a loss which would have
been covered by such policy, deposit in the Custodial Account the amount not
otherwise payable under the blanket policy because of such deductible clause. In
connection with its activities as servicer of the Mortgage Loans, the Seller
agrees to prepare and present, on behalf of the Purchaser, claims under any such
blanket policy in a timely fashion in accordance with the terms of such policy
and as otherwise deemed necessary by the Seller in accordance with Accepted
Servicing Practices. Upon request of the Purchaser, the Seller shall cause to be
delivered to the Purchaser a certified true copy of such policy and shall use
commercially reasonable best efforts to obtain a statement from the insurer
thereunder that such policy shall in no event be terminated or materially
modified without thirty (30) days' prior written notice to the Purchaser.

      Section 4.12.  Fidelity Bond, Errors and Omissions Insurance.

      The Seller shall maintain, at its own expense, a blanket fidelity bond and
an errors and omissions insurance policy, with broad coverage with responsible
companies on all officers, employees or other persons acting in any capacity
with regard to the Mortgage Loans to handle funds, money, documents and papers
relating to the Mortgage Loans. The Fidelity Bond shall be in the form of the
Mortgage Banker's Blanket Bond and shall protect and insure the Seller against
losses, including those arising out of forgery, theft, embezzlement and fraud of
such Persons. The errors and omissions insurance shall protect and insure the
Seller against losses arising out of errors and omissions and negligent acts of
such Persons. Such errors and omissions insurance shall also protect and insure
the Seller against losses in connection with the failure to maintain any
insurance policies required pursuant to this Agreement and the release or
satisfaction of a Mortgage Loan without having obtained payment in full of the
indebtedness secured thereby. No provision of this Section 4.12 requiring the
Fidelity Bond or errors and omissions insurance shall diminish or relieve the
Seller from its duties and obligations as set forth in this Agreement. The
minimum coverage under any such bond and insurance policy shall be at least
equal to the amounts deemed acceptable to FNMA or FHLMC. The Seller shall
deliver to the Purchaser a certificate from the surety and the insurer as to the
existence of the Fidelity Bond and errors and omissions insurance policy and
shall obtain a statement from the surety and the insurer that such Fidelity Bond
or insurance policy shall in no event be terminated or materially modified
without thirty (30) days' prior written notice to the Purchaser. The Seller
shall notify the Purchaser within five (5) Business Days of receipt of notice
that such Fidelity Bond or insurance policy will be, or has been, materially
modified or terminated. The Purchaser (or any party having the status of
Purchaser hereunder) and any subsidiary thereof and their successors or assigns
as their interests may appear must be named as loss payees on the Fidelity Bond
and as additional insured on the errors and omissions policy. Upon request by
Purchaser, Seller shall provide Purchaser with an insurance certificate
certifying coverage under this Section 4.12, and will provide an update to such
certificate upon request, or upon renewal or material modification of coverage.

                                                                              42

      Section 4.13.  Title, Management and Disposition of REO Property.

      In the event that title to the Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be taken in the name of the Purchaser or its designee, or in the event the
Purchaser or its designee is not authorized or permitted to hold title to real
property in the state where the REO Property is located, or would be adversely
affected under the "doing business" or tax laws of such state by so holding
title, the deed or certificate of sale shall be taken in the name of such Person
or Persons as shall be consistent with an Opinion of Counsel obtained by the
Seller from an attorney duly licensed to practice law in the state where the REO
Property is located. Any Person or Persons holding such title other than the
Purchaser shall acknowledge in writing that such title is being held as nominee
for the benefit of the Purchaser.

      The Seller shall notify the Purchaser in accordance with the FNMA Guides
of each acquisition of REO Property upon such acquisition, together with a copy
of the drive by appraisal or brokers price opinion of the Mortgaged Property
obtained in connection with such acquisition, and thereafter assume the
responsibility for marketing such REO property in accordance with Applicable
Requirements. Thereafter, the Seller shall continue to provide certain
administrative services to the Purchaser relating to such REO Property as set
forth in this Section 4.13.

      The fee for such administrative services shall be $1,500 to be paid upon
liquidation of the REO Property; provided, however, such fee shall not exceed
the net Liquidation Proceeds. No Servicing Fee shall be assessed on any REO
Property from and after the date on which it becomes an REO Property. The Seller
shall make monthly distributions on each Remittance Date to the Purchaser of the
net cash flow from the REO Property (which shall equal the revenues from such
REO Property net of the expenses described in this Section 4.13 and of any
reserves reasonably required from time to time to be maintained to satisfy
anticipated liabilities for such expenses).

      The Seller shall, either itself or through an agent selected by the
Seller, and in accordance with the FNMA Guides manage, conserve, protect and
operate each REO Property in the same manner that it manages, conserves,
protects and operates other foreclosed property for its own account, and in the
same manner that similar property in the same locality as the REO Property is
managed. The Seller also shall maintain on each REO Property fire and hazard
insurance with extended coverage in amount which is at least equal to the
maximum insurable value of the improvements which are a part of such property,
liability insurance and, to the extent required and available under the Flood
Disaster Protection Act of 1973, as amended, flood insurance in the amount
required above. Any costs incurred by the Seller in connection with maintaining
such insurance shall constitute a Servicing Advance. The Seller shall attempt to
sell the REO Property (and may temporarily rent the same) on such terms and
conditions as the Seller deems to be in the best interest of the Purchaser. The
Seller shall cause each REO Property to be inspected promptly upon the
acquisition of title thereto and shall cause each REO Property to be inspected
at least monthly thereafter or more frequently as required by the circumstances.
The Seller shall make or cause to be made a written report of each such
inspection. Such reports shall be retained in the Mortgage File and copies
thereof shall be forwarded by the Seller to the Purchaser.

                                                                              43

      The Seller shall use commercially reasonable best efforts to dispose of
the REO Property as soon as possible and shall sell such REO Property in any
event within two (2) years after title has been taken to such REO Property,
unless the Seller determines, and gives an appropriate notice to the Purchaser
to such effect, that a longer period is necessary for the orderly liquidation of
such REO Property. If a longer period than one (1) year is permitted under the
foregoing sentence and is necessary to sell any REO Property, the Seller shall
report monthly to the Purchaser as to the progress being made in selling such
REO Property. No REO Property shall be marketed for less than the Appraised
Value, without the prior consent of Purchaser. No REO Property shall be sold for
less than ninety-five percent (95%) of its Appraised Value, without the prior
consent of Purchaser. If as of the date title to any REO Property was acquired
by or on behalf of the Purchaser there were outstanding unreimbursed Servicing
Advances with respect to the REO Property, the Seller shall be entitled to
immediate reimbursement from the Purchaser for any related unreimbursed
Servicing Advances. All requests for reimbursement of Servicing Advances shall
be in accordance with the FNMA Guides. The disposition of REO Property shall be
carried out by the Seller at such price, and upon such terms and conditions, as
the Seller deems to be in the best interests of the Purchaser. Seller shall
provide monthly reports to Purchaser in reference to the status of the marketing
of the REO Properties. The proceeds of sale of the REO Property shall be
promptly deposited in the Custodial Account. As soon as practical thereafter the
expenses of such sale shall be paid and the Seller shall reimburse itself for
any related unreimbursed Servicing Advances, unpaid Servicing Fees and
unreimbursed advances made pursuant to Section 5.03. On the Remittance Date
immediately following the receipt of such sale proceeds, the net cash proceeds
of such sale remaining in the Custodial Account shall be distributed to the
Purchaser.

      Notwithstanding anything to the contrary contained herein, the Purchaser
may, at the Purchaser's sole option, terminate the Seller as servicer of any
such REO Property without payment of any termination fee with respect thereto,
provided that the Seller shall on the date said termination takes effect be
reimbursed by withdrawal from the Custodial Account for any unreimbursed
advances of the Seller's funds made pursuant to Section 5.03 and any
unreimbursed Servicing Advances in each case relating to the Mortgage Loan
underlying such REO Property notwithstanding anything to the contrary set forth
in Section 4.05. In the event of any such termination, the provisions of Section
11.01 hereof shall apply to said termination and the transfer of servicing
responsibilities with respect to such REO Property to the Purchaser or its
designee.

      Section 4.14.  Notification of Maturity Date.

      With respect to each Mortgage Loan, the Seller shall execute and deliver
to the Mortgagor any and all necessary notices required under applicable law and
the terms of the related Mortgage Note and Mortgage regarding the maturity date
if required under applicable law.

      Section 4.15.  Reports of Foreclosures and Abandonments of Mortgaged
                     Property.

      Following the foreclosure sale or abandonment of any Mortgaged Property,
the Seller shall report such foreclosure or abandonment as required pursuant to
Section 6050J of the Code.

                                                                              44

The Seller shall file information reports with respect to the receipt of
mortgage interest received in a trade or business and information returns
relating to cancellation of indebtedness income with respect to any Mortgaged
Property as required by the Code. Such reports shall be in form and substance
sufficient to meet the reporting requirements imposed by the Code.

      Section 4.16.  Inspections.

      If any Mortgage Loan is (i) more than sixty (60) days delinquent and the
Seller has not contacted the Mortgagor during such period or (ii) more than one
hundred twenty (120) days delinquent in any event, the Seller immediately shall
inspect the Mortgaged Property and shall conduct subsequent inspections in
accordance with Acceptable Servicing Practices or as may be required by the
primary mortgage guaranty insurer. The Seller shall keep a written report of
each such inspection.

      Section 4.17.  Restoration of Mortgaged Property.

      The Seller need not obtain the approval of the Purchaser prior to
releasing any Insurance Proceeds or Condemnation Proceeds to the Mortgagor to be
applied to the restoration or repair of the Mortgaged Property if such release
is in accordance with Acceptable Servicing Practices. For claims greater than
$10,000, the Seller shall comply with the following conditions in connection
with any such release of Insurance Proceeds or Condemnation Proceeds:

      (i)     the Seller shall receive satisfactory independent verification of
completion of repairs and issuance of any required approvals with respect
thereto;

      (ii)    the Seller shall take all reasonable steps necessary to preserve
the priority of the lien of the Mortgage, including, but not limited to
requiring waivers with respect to mechanics' and materialmen's liens;

      (iii)   the Seller shall verify that the Mortgage Loan is not in default;
provided, however, that the Seller may still release such proceeds if required
by applicable law; and

      (iv)    pending repairs or restoration, the Seller shall place the
Insurance Proceeds or Condemnation Proceeds in the Escrow Account.

      (v)     If the Purchaser is named as an additional loss payee, the Seller
is hereby empowered to endorse any loss draft issued in respect of such a claim
in the name of the Purchaser.

      Section 4.18.  Security Measures/Compliance with Safeguarding Customer
                     Information Requirements.

      The Servicer has implemented and will maintain such security and
safeguarding measures required of the Servicer and designed to meet the
objectives of the Interagency Guidelines Establishing Standards for Safeguarding
Customer Information published in final form on February 1, 2001, 66 Fed. Reg.
8616, and the rules promulgated thereunder, as amended from time to time (the
"Guidelines"), including without limitation to the provision of the Servicer's

                                                                              45

security and safeguarding procedures to any applicable regulator and as required
pursuant to the Guidelines.

      Section 4.19.  Disaster Recovery/Business Continuity Plan.

      The Servicer shall establish, maintain and upon reasonable written
notification, make available for review by the appropriate regulator, Servicer's
contingency plans, recovery plans and risk controls to ensure the Servicer's
continued performance under this Agreement, provided, however, that the
regulator agrees to maintain the proprietary nature of Servicer's information.
The plans must be in place within thirty (30) calendar days after the Closing
Date of this Agreement and shall include, but not be limited to, testing,
control functions, accountability and corrective actions to be immediately
implemented, if necessary.

      Section 4.20.  Privacy/Confidential Information.

      Each party shall keep confidential and shall not divulge to any party,
without the other party's prior written consent, the price paid by the Purchaser
for the Mortgage Loans, except to the extent that it is reasonable and necessary
for either party to do so in working with legal counsel, auditors, taxing
authorities or other governmental agencies. Each party shall maintain physical,
electronic and procedural safeguards to store, dispose of (if applicable) and
secure nonpublic personal information to protect it from unauthorized access,
use, disclosure, alteration, loss and destruction. The safeguards used by each
party to protect nonpublic personal information shall be no less than those used
by such party to protect its own confidential information. Each party shall
control access to, and, to the extent reasonably possible, use of, nonpublic
personal information and, except as required by law or as otherwise may be
specifically permitted, or under ss. 502(e) of the Gramm-Leach-Bliley Act (P.L.
106-102) (15 U.S.C. ss. 6802(e)),and accompanying regulations, or by this
Agreement, permit access only to individuals who need access in connection with
the duties to be performed under this Agreement and shall require such
individuals to maintain the confidentiality of such nonpublic personal
information. For purposes of this paragraph, the term "nonpublic personal
information" shall have the meanings set forth in ss. 509 of the
Gramm-Leach-Bliley Act (P.L. 106-102) (15 U.S.C. ss. 6809) and implementing
regulations thereof. The restrictions set forth herein shall survive termination
of this Agreement.

                                    ARTICLE V

                            PAYMENTS TO THE PURCHASER

      Section 5.01.  Distributions.

      On each Remittance Date, the Seller shall distribute by wire transfer to
the Purchaser (i) all amounts credited to the Custodial Account as of the close
of business on the preceding Determination Date, net of charges against or
withdrawals from the Custodial Account pursuant to Section 4.05, plus (ii) all
Monthly Advances, if any, which the Seller is obligated to distribute pursuant
to Section 5.03, plus (iii) any Prepayment Interest Shortfall Amount, provided
that the Servicer's obligation as to payment of such amount shall be limited to
the Servicing Fee earned

                                                                              46

during the month of the distribution less (iv) any amounts attributable to
Monthly Payments collected but due on a Due Date or Dates subsequent to the
preceding Determination Date, which amounts shall be remitted on the Remittance
Date next succeeding the Due Period for such amounts, and any Principal
Prepayments received during the month of such Remittance Date, which amounts
shall be remitted on the next succeeding Remittance Date. It is understood that,
by operation of Section 4.04, the remittance on the first Remittance Date is to
include principal collected after the Cut-off Date through the preceding
Determination Date plus interest, at the Mortgage Loan Remittance Rate collected
through such Determination Date exclusive of any portion thereof allocable to
the period prior to the Cut-off Date, with the adjustments specified in clauses
(ii), (iii) and (iv) above.

      With respect to any remittance received by the Purchaser after the
Business Day on which such payment was due, the Seller shall pay to the
Purchaser interest on any such late payment at an annual rate equal to the Prime
Rate, adjusted as of the date of each change, plus one (1) percentage point, but
in no event greater than the maximum amount permitted by applicable law. Such
interest shall be deposited in the Custodial Account by the Seller on the date
such late payment is made and shall cover the period commencing with the day
following the Business Day on which such payment was due and ending with the
Business Day on which such payment is made, both inclusive. Such interest shall
be remitted along with the distribution payable on the next succeeding
Remittance Date. The payment by the Seller of any such interest shall not be
deemed an extension of time for payment or a waiver of any Event of Default by
the Seller.

      The Purchaser's assignee will provide wiring instructions and the names,
addresses and telephone numbers of persons whom Servicer can contact to confirm
receipt of the remittances in the Assignment and Assumption Agreement to be
executed no later than two (2) Business Days after the Closing Date. In the
event the Assignment and Assumption Agreement does not contain such information
and is not executed within such time period, the Purchaser shall provide wiring
instructions and the names, addresses and telephone numbers of employees of the
Purchaser whom the Seller can contact to confirm receipt of the remittances.

      Section 5.02.  Statements to the Purchaser.

      Not later than the fifth (5th) Business Day of each month, the Servicer
shall furnish to the Purchaser, with respect to the preceding month, a monthly
collection report, a monthly paid in full report that summarizes Mortgage Loans
paid in full during the related Due Period and a monthly trial balance report
that provides a trial balance as of the last day of the month preceding such
Remittance Date in electronic format agreed upon by the Servicer and the
Purchaser.

      Not later than the fifth (5th) Business Day of each month, the Servicer
shall furnish to the Purchaser a delinquency report and a Monthly Remittance
Advice, both a physical form and a mutually agreeable electronic format, as to
the remittance on such Remittance Date and as to the period ending on the last
day of the month preceding such Remittance Date.

      The Seller shall prepare and file any and all information statements or
other filings required to be delivered to any governmental taxing authority or
to Purchaser pursuant to any applicable law with respect to the Mortgage Loans
and the transactions contemplated hereby. In

                                                                              47

addition, the Seller shall provide Purchaser with such information concerning
the Mortgage Loans as is necessary for Purchaser to prepare its federal income
tax return as Purchaser may reasonably request from time to time.

      In addition, not more than sixty (60) days after the end of each calendar
year, the Seller shall furnish to each Person who was a Purchaser at any time
during such calendar year an annual statement in accordance with the
requirements of applicable federal income tax law as to the aggregate of
remittances for the applicable portion of such year.

      Section 5.03.  Monthly Advances by the Seller.

      Not later than the close of business on the Business Day preceding each
Remittance Date, the Seller shall deposit in the Custodial Account an amount
equal to all payments not previously advanced by the Seller, whether or not
deferred pursuant to Section 4.01, of principal (due after the Cut-off Date) and
interest not allocable to the period prior to the Cut-off Date, at the Mortgage
Loan Remittance Rate, which were due on a Mortgage Loan and delinquent at the
close of business on the related Determination Date.

      The Seller's obligation to make such Monthly Advances as to any Mortgage
Loan will continue through the last Monthly Payment due prior to the payment in
full of the Mortgage Loan, or through the Remittance Date prior to the date on
which the Mortgaged Property is liquidated (including Insurance Proceeds, REO
Disposition Proceeds or Condemnation Proceeds) with respect to the Mortgage
Loan, unless the Seller deems such advance to be nonrecoverable. In such event,
the Seller shall deliver to the Purchaser an Officer's Certificate of the Seller
to the effect that an officer of the Seller has reviewed the related Mortgage
File and has made the reasonable determination that any additional advances are
nonrecoverable.

      Section 5.04.  Liquidation Reports.

      Upon the foreclosure sale of any Mortgaged Property or the acquisition
thereof by the Purchaser pursuant to a deed-in-lieu of foreclosure, the Seller
shall submit to the Purchaser a liquidation report with respect to such
Mortgaged Property. The Seller shall also provide reports on the status of REO
Property containing such information as Purchaser may reasonably require.

      Section 5.05.  Automated Servicing Systems.

      On the fifth (5th) day of the succeeding month after closing, The Seller
shall set up, format, maintain and transmit to the Purchaser the Seller's
mortgage servicer file and other electronic data storage and transmission
systems related to the Mortgage Loans (collectively, the "Servicing Systems") in
accordance with the guidelines and requirements set forth in Exhibit J attached
hereto (the "Servicer Requirements"), and the Seller shall cooperate with
Purchaser to receive data from the Purchaser that is to be incorporated in the
Servicing Systems in accordance with the Servicer Requirements.

                                                                              48

                                   ARTICLE VI

                          GENERAL SERVICING PROCEDURES

      Section 6.01.  Assumption Agreements.

      The Seller will, to the extent it has knowledge of any conveyance or
prospective conveyance by any Mortgagor of the Mortgaged Property (whether by
absolute conveyance or by contract of sale, and whether or not the Mortgagor
remains or is to remain liable under the Mortgage Note and/or the Mortgage),
exercise its rights to accelerate the maturity of such Mortgage Loan under any
"due-on-sale" clause to the extent permitted by law; provided, however, that the
Seller shall not exercise any such rights if prohibited by law or the terms of
the Mortgage Note from doing so or if the exercise of such rights would impair
or threaten to impair any recovery under the related Primary Mortgage Insurance
Policy, if any. If the Seller reasonably believes it is unable under applicable
law to enforce such "due-on-sale" clause, the Seller, with the approval of the
Purchaser (such approval not to be unreasonably withheld), will enter into an
assumption agreement with the person to whom the Mortgaged Property has been
conveyed or is proposed to be conveyed, pursuant to which such person becomes
liable under the Mortgage Note and, to the extent permitted by applicable state
law, the Mortgagor remains liable thereon. Where an assumption is allowed
pursuant to this Section 6.01, the Seller, with the prior consent of the
Purchaser and the primary mortgage insurer, if any, is authorized to enter into
a substitution of liability agreement with the person to whom the Mortgaged
Property has been conveyed or is proposed to be conveyed pursuant to which the
original mortgagor is released from liability and such Person is substituted as
mortgagor and becomes liable under the related Mortgage Note. Any such
substitution of liability agreement shall be in lieu of an assumption agreement.
Purchaser shall be deemed to have consented to any assumption for which
Purchaser was given notification and requested to consent, but for which neither
a consent nor an objection was given by Purchaser within two (2) Business Days
of such notification.

      In connection with any such assumption or substitution of liability, the
Seller shall follow the underwriting practices and procedures of the FNMA
Guides. With respect to an assumption or substitution of liability, the Mortgage
Interest Rate borne by the related Mortgage Note, the amount of the Monthly
Payment and the maturity date may not be changed. If the credit of the proposed
transferee does not meet such underwriting criteria, the Seller diligently
shall, to the extent permitted by the Mortgage or the Mortgage Note and by
applicable law, accelerate the maturity of the Mortgage Loan. The Seller shall
notify the Purchaser that any such substitution of liability or assumption
agreement has been completed by forwarding to the Purchaser the original of any
such substitution of liability or assumption agreement, which document shall be
added to the related Mortgage File and shall, for all purposes, be considered a
part of such Mortgage File to the same extent as all other documents and
instruments constituting a part thereof. All fees collected by the Seller for
entering into an assumption or substitution of liability agreement shall belong
to the Seller.

      Notwithstanding the foregoing paragraphs of this Section or any other
provision of this Agreement, the Seller shall not be deemed to be in default,
breach or any other violation of its obligations hereunder by reason of any
assumption of a Mortgage Loan by operation of law or

                                                                              49

any assumption which the Seller may be restricted by law from preventing, for
any reason whatsoever. For purposes of this Section 6.01, the term "assumption"
is deemed to also include a sale of the Mortgaged Property subject to the
Mortgage that is not accompanied by an assumption or substitution of liability
agreement.

      Section 6.02.  Satisfaction of Mortgages and Release of Mortgage Files.

      Upon the payment in full of any Mortgage Loan, or the receipt by the
Seller of a notification that payment in full will be escrowed in a manner
customary for such purposes, the Seller will immediately notify the Purchaser's
custodian by a certification, which certification shall include a statement to
the effect that all amounts received or to be received in connection with such
payment which are required to be deposited in the Custodial Account pursuant to
Section 4.04 have been or will be so deposited, of a Servicing Officer and shall
request delivery to it of the portion of the Mortgage File held by the
Purchaser. The Purchaser's custodian shall be required no later than five (5)
Business Days after receipt of such certification and request to release or
cause to be released to the Seller, the related Mortgage Loan Documents and,
upon its receipt of such documents, the Seller shall promptly prepare and
execute (pursuant to a power of attorney or limited officer appointment to be
provided by Purchaser to Seller) the requisite satisfaction or release. No
expense incurred in connection with any instrument of satisfaction or deed of
reconveyance shall be chargeable to the Custodial Account.

      In the event the Seller satisfies or releases a Mortgage without having
obtained payment in full of the indebtedness secured by the Mortgage or should
it otherwise prejudice any right the Purchaser may have under the mortgage
instruments, the Seller, upon written demand, shall remit within two (2)
Business Days to the Purchaser the then outstanding principal balance of the
related Mortgage Loan by deposit thereof in the Custodial Account. The Seller
shall maintain the Fidelity Bond and errors and omissions insurance insuring the
Seller against any loss it may sustain with respect to any Mortgage Loan not
satisfied in accordance with the procedures set forth herein.

      From time to time and as appropriate for the servicing or foreclosure of
the Mortgage Loan, including for the purpose of collection under any Primary
Mortgage Insurance Policy, the Purchaser or its designee shall, upon request of
the Seller and delivery to the Purchaser or its designee of a servicing receipt
signed by a Servicing Officer, release the portion of the Mortgage File held by
the Purchaser or its designee to the Seller. Such servicing receipt shall
obligate the Seller to return the related Mortgage Loan Documents to the
Purchaser or its designee when the need therefor by the Seller no longer exists,
unless the Mortgage Loan has been liquidated and the Liquidation Proceeds
relating to the Mortgage Loan have been deposited in the Custodial Account or
the Mortgage File or such document has been delivered to an attorney, or to a
public trustee or other public official as required by law, for purposes of
initiating or pursuing legal action or other proceedings for the foreclosure of
the Mortgaged Property either judicially or non-judicially, and the Seller has
delivered to the Purchaser or its designee a certificate of a Servicing Officer
certifying as to the name and address of the Person to which such Mortgage File
or such document was delivered and the purpose or purposes of such delivery.
Upon receipt of a certificate of a Servicing Officer stating that such Mortgage
Loan was liquidated, the servicing receipt shall be released by the Purchaser or
its designee to the Seller.

                                                                              50

      Section 6.03.  Servicing Compensation.

      As compensation for its services hereunder, the Seller shall be entitled
to withdraw from the Custodial Account (to the extent of interest payments
collected on the Mortgage Loans) or to retain from interest payments on the
Mortgage Loans the amounts provided for as the Seller's Servicing Fee, subject
to payment of compensating interest on Principal Prepayments as capped by the
Servicing Fee pursuant to Section 5.01(iii). Additional servicing compensation
in the form of income and other benefits derived from escrow and custodial
accounts and assumption fees, as provided in Section 6.01, late payment charges
and other similar ancillary fees or otherwise shall be retained by the Seller to
the extent not required to be deposited in the Custodial Account. The Seller
shall be required to pay all expenses incurred by it in connection with its
servicing activities hereunder and shall not be entitled to reimbursement
therefor except as specifically provided for herein.

      Section 6.04.  Annual Statement as to Compliance.

      (a)     The Seller will deliver to the Purchaser, not later than the
earlier of (a) March 31 of each calendar year (other than the calendar year
during which the Closing Date occurs) or (b) with respect to any calendar year
during which the depositor's annual report on Form 10-K is required to be filed
in accordance with the Securities Exchange Act of 1934, as amended (the
"Exchange Act") and the rules and regulations of the Securities and Exchange
Commission (the "Commission"), 15 calendar days before the date on which the
depositor's annual report on Form 10-K is required to be filed in accordance
with the Exchange Act and the rules and regulations of the Commission (or, in
each case, if such day is not a Business Day, the immediately preceding Business
Day), an Officers' Certificate stating, as to each signatory thereof, that (i) a
review of the activities of the Seller during the preceding calendar year and of
performance under this Agreement has been made under such officers' supervision,
and (ii) to the best of such officers' knowledge, based on such review, the
Seller has fulfilled all of its obligations under this Agreement throughout such
year, or, if there has been a default in the fulfillment of any such obligation,
specifying each such default known to such officers and the nature and status
thereof. Copies of such statement shall be provided by the Seller to the
Purchaser upon request.

      (b)     The Seller will deliver to the Purchaser, with respect to any
Mortgage Loans that are subject to a Securitization or other securitization
transaction, not later than the earlier of (a) March 31 of each calendar year
(other than the calendar year during which the Closing Date occurs) or (b) with
respect to any calendar year during which the depositor's annual report on Form
10-K is required to be filed in accordance with the Exchange Act and the rules
and regulations of the Commission, 15 calendar days before the date on which the
depositor's annual report on Form 10-K is required to be filed in accordance
with the Exchange Act and the rules and regulations of the Commission (or, in
each case, if such day is not a Business Day, the immediately preceding Business
Day), an officer of the Servicer shall execute and deliver an Officer's
Certificate in the form attached hereto as Exhibit H to the person who provides
certification required under the Sarbanes-Oxley Act of 2002 in connection with
such a Securitization or other securitization transaction for the benefit of
such person and its officers, directors and affiliates.

                                                                              51

      (c)     The Servicer shall indemnify and hold harmless the Master Servicer
and the Sarbanes Certifying Party (any such person, an "Indemnified Party") from
and against any losses, damages, penalties, fines, forfeitures, reasonable legal
fees and related costs, judgments and other costs and expenses arising out of or
based upon a breach by the Servicer of its obligations under this Section 6.04,
or the negligence, bad faith or willful misconduct of the Servicer in connection
therewith. If the indemnification provided for herein is unavailable or
insufficient to hold harmless any Indemnified Party, then the Servicer agrees
that it shall contribute to the amount paid or payable by the Indemnified Party
as a result of the losses, claims, damages or liabilities of the Indemnified
Party in such proportion as is appropriate to reflect the relative fault of the
Indemnified Party on the one hand and the Servicer in the other in connection
with a breach of the Servicer's obligations under this Section 6.04, or the
Servicer's negligence, bad faith or willful misconduct in connection therewith.

      (d)     It is acknowledged and agreed that each Master Servicer and the
Sarbanes Certifying Party shall be an express third party beneficiary of the
provisions of this Section 6.04, and shall be entitled independently to enforce
the provisions of this Section 6.04 with respect to any obligations owed to such
entity as if it were a direct party to this Agreement.

      Section 6.05.  Annual Independent Certified Public Accountants' Servicing
                     Report.

      On the earlier of (a) March 31 or (b) using best efforts, within 15
calendar days prior to the date on which the Purchaser's annual report on Form
10-K is required to be filed, the Seller will deliver to the Purchaser at
Seller's expense and shall cause a firm of independent public accountants, which
is a member of the American Institute of Certified Public Accountants to furnish
a statement to the Purchaser to the effect that such firm has examined certain
documents and records relating to the Seller's servicing of mortgage loans of
the same type as the Mortgage Loans pursuant to servicing agreements
substantially similar to this Agreement, which agreements may include this
Agreement, and that, on the basis of such an examination, conducted
substantially in accordance with the uniform single attestation program for
mortgage bankers, such firm is of the opinion that the Seller's servicing has
been conducted in compliance with the agreements examined pursuant to this
Section 6.05, except for (i) such exceptions as such firm shall believe to be
immaterial, and (ii) such other exceptions as shall be set forth in such
statement. Copies of such statement shall be provided by the Seller to the
Purchaser. In addition, on an annual basis, upon Purchaser's request, Seller
shall provide Purchaser with copies of its audited financial statements upon
execution by Purchaser of an agreement to keep confidential the contents of such
financial statements.

      Section 6.06.  Purchaser's Right to Examine Seller Records.

      The Purchaser, or its designee, shall have the right to examine and audit
upon reasonable notice to the Seller, during business hours or at such other
times as might be reasonable under applicable circumstances, any and all of the
books, records, documentation or other information of the Seller, or held by
another for the Seller or on its behalf or otherwise, which relates to the
performance or observance by the Seller of the terms, covenants or conditions of
this Agreement.

                                                                              52

      The Seller shall provide to the Purchaser and any supervisory agents or
examiners representing a state or federal governmental agency having
jurisdiction over the Purchaser, including but not limited to the OCC and other
comparable regulatory authorities supervising the Purchaser and other similar
entities, access to any documentation regarding the Mortgage Loans in the
possession of the Seller which may be required by any applicable regulations.
Such access shall be afforded without charge, upon reasonable request, during
normal business hours and at the offices of the Seller, and in accordance with
the federal government, the OCC and other comparable regulatory authorities
supervising the Purchaser, or any other similar regulations.

      Section 6.07.  Compliance with REMIC Provisions.

      If a REMIC election has been made with respect to the arrangement under
which the Mortgage Loans and REO Property are held, the Seller shall not take
any action or fail to take any action that, under the REMIC Provisions, if taken
or not taken, as the case may be, could (i) endanger the status of the REMIC as
a REMIC or (ii) result in the imposition of a tax upon the REMIC (including but
not limited to the tax on "prohibited transactions" as defined in Section
860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in
Section 860G(d) of the Code) unless the Seller has received an Opinion of
Counsel (at the expense of the party seeking to take such action) to the effect
that the contemplated action will not endanger such REMIC status or result in
the imposition of any such tax.

                                   ARTICLE VII

                               SELLER TO COOPERATE

      Section 7.01.  Seller Shall Provide Information as Reasonably Required.

      Upon reasonable request from the Purchase, the Seller shall use its best
efforts to deliver no later than sixty (60) day after such request any Servicing
File or document therein, or copies or images thereof, to the Purchaser at the
direction of the Purchaser. The Purchaser shall return any original Servicing
File or document therein delivered pursuant to this Section no later than ten
(10) days after receipt thereof.

      The Seller shall furnish to the Purchaser during the term of this
Agreement, such periodic, special or other reports, information or
documentation, whether or not provided for herein, as shall be necessary,
reasonable or appropriate in respect to the Purchaser, or otherwise in respect
to the Mortgage Loans and the performance of the Seller under this Agreement,
including any reports, information or documentation reasonably required to
comply with any regulations regarding any supervisory agents or examiners of the
Purchaser, all such reports or information to be as provided by and in
accordance with such applicable instructions and directions as the Purchaser may
reasonably request in relation to this Agreement or the performance of the
Seller under this Agreement. The Seller agrees to execute and deliver all such
instruments and take all such action as the Purchaser, from time to time, may
reasonably request in order to effectuate the purpose and to carry out the terms
of this Agreement.

                                                                              53

      In connection with marketing the Mortgage Loans, the Purchaser may make
available to a prospective purchaser audited financial statements of the Seller
for the most recently completed two (2) fiscal years for which such statements
are available, as well as a Consolidated Statement of Condition at the end of
the last two (2) fiscal years covered by any Consolidated Statement of
Operations. If it has not already done so, upon request, the Seller shall
furnish promptly to the Purchaser or a prospective purchaser copies of the
statements specified above; provided, however, that prior to furnishing such
statements or information to any prospective purchaser, the Seller may require
such prospective purchaser to execute a confidentiality agreement in a form
satisfactory to the Seller.

      The Seller shall make reasonably available to the Purchaser or any
prospective Purchaser a knowledgeable financial or accounting officer for the
purpose of answering questions and to permit any prospective purchaser to
inspect the Seller's servicing facilities for the purpose of satisfying such
prospective purchaser that the Seller has the ability to service the Mortgage
Loans as provided in this Agreement.

      Section 7.02.  Cooperation with Third-party Service Providers.

      The Seller shall cooperate with the Purchaser in servicing the Mortgage
Loans in accordance with the usual and customary requirements of any credit
enhancement, risk management and other service providers and shall otherwise
cooperate with the Purchaser in connection with such third-party service
providers and the provision of third-party services; provided, however, that
such requirements are reasonably acceptable to the Seller and pose no greater
risk, obligation or expense to the Seller than otherwise set forth in this
Agreement. Any additional costs and/or expenses will be paid by the requesting
party.

                                  ARTICLE VIII

                                   THE SELLER

      Section 8.01.  Indemnification; Third Party Claims.

      The Seller agrees to indemnify the Purchaser and hold it harmless against
any and all claims, losses, damages, penalties, fines, forfeitures, legal fees
and related costs, judgments, and any other costs, fees and expenses that the
Purchaser may sustain in any way related to the failure of the Seller to observe
and perform its duties, obligations, covenants, and agreements to service the
Mortgage Loans in strict compliance with the terms of this Agreement; provided
that Seller shall not be required to indemnify Purchaser with respect to any
amounts otherwise paid to the Purchaser with respect to the Repurchase Price, as
provided in Section 3.03. The Seller agrees to indemnify the Purchaser and hold
it harmless against any and all claims, losses, damages, penalties, fines,
forfeitures, legal fees and related costs, judgments, and any other costs, fees
and expenses that the Purchaser may sustain in any way related to the breach of
a representation or warranty set forth in Sections 3.01 or 3.02 of this
Agreement; provided that Seller shall not be required to indemnify Purchaser
with respect to any amounts otherwise paid to the Purchaser with respect to the
Repurchase Price, as provided in Section 3.03. The Seller shall immediately
notify the Purchaser if a claim is made by a third party with respect to this
Agreement or the

                                                                              54

Mortgage Loans, assume (with the prior written consent of the Purchaser) the
defense of any such claim and pay all expenses in connection therewith,
including counsel fees, and promptly pay, discharge and satisfy any judgment or
decree which may be entered against it or the Purchaser in respect of such
claim. The Seller shall follow any written instructions received from the
Purchaser in connection with such claim. The Purchaser shall promptly reimburse
the Seller for all amounts advanced by it pursuant to the two preceding
sentences except when the claim relates to the failure of the Seller to service
and administer the Mortgages in strict compliance with the terms of this
Agreement, the breach of representation or warranty set forth in Sections 3.01
or 3.02, or the negligence, bad faith or willful misconduct of Seller. The
provisions of this Section 8.01 shall survive termination of this Agreement.

      Section 8.02.  Merger or Consolidation of the Seller.

      The Seller will keep in full effect its existence, rights and franchises
as a corporation under the laws of the state of its incorporation except as
permitted herein, and will obtain and preserve its qualification to do business
as a foreign corporation in each jurisdiction in which such qualification is or
shall be necessary to protect the validity and enforceability of this Agreement,
or any of the Mortgage Loans and to perform its duties under this Agreement.

      Any Person into which the Seller may be merged or consolidated, or any
corporation resulting from any merger, conversion or consolidation to which the
Seller shall be a party, or any Person succeeding to the business of the Seller
whether or not related to loan servicing, shall be the successor of the Seller
hereunder, without the execution or filing of any paper or any further act on
the part of any of the parties hereto, anything herein to the contrary
notwithstanding; provided, however, that the successor or surviving Person shall
be an institution (i) having a GAAP net worth of not less than $25,000,000, (ii)
the deposits of which are insured by the FDIC, SAIF and/or BIF, or which is a
HUD-approved mortgagee whose primary business is in origination and servicing of
first lien mortgage loans, and (iii) who is a FNMA or FHLMC approved
seller/service in good standing. Furthermore, in the event the Seller transfers
or otherwise disposes of all or substantially all of its assets to an affiliate
of the Seller, such affiliate shall satisfy the condition above, and shall also
be fully liable to the Purchaser for all of the Seller's obligations and
liabilities.

      Section 8.03.  Limitation on Liability of the Seller and Others.

      Neither the Seller nor any of the officers, employees or agents of the
Seller shall be under any liability to the Purchaser for any action taken or for
refraining from the taking of any action in good faith pursuant to this
Agreement, or for errors in judgment made in good faith; provided, however, that
this provision shall not protect the Seller or any such person against any
breach of warranties or representations made herein, or failure to perform its
obligations in strict compliance with any standard of care set forth in this
Agreement, or any liability which would otherwise be imposed by reason of
negligence, bad faith or willful misconduct, or any breach of the terms and
conditions of this Agreement. The Seller and any officer, employee or agent of
the Seller may rely in good faith on any document of any kind prima facie
properly executed and submitted by the Purchaser respecting any matters arising
hereunder. The Seller shall not be under any obligation to appear in, prosecute
or defend any legal action which is not incidental to

                                                                              55

its duties to service the Mortgage Loans in accordance with this Agreement and
which in its reasonable opinion may involve it in any expenses or liability;
provided, however, that the Seller may, with the consent of the Purchaser,
undertake any such action which it may deem necessary or desirable in respect to
this Agreement and the rights and duties of the parties hereto. In such event,
the reasonable legal expenses and costs of such action and any liability
resulting therefrom shall be expenses, costs and liabilities for which the
Purchaser will be liable, and the Seller shall be entitled to be reimbursed
therefor from the Purchaser upon written demand unless any such costs result
from a breach of the Seller's representations and warranties made herein or its
failure to perform its obligations in strict compliance with this Agreement.

      Section 8.04.  Seller Not to Assign or Resign.

      The Seller shall not assign this Agreement or resign from the obligations
and duties hereby imposed on it except by mutual consent of the Seller and the
Purchaser or upon the determination that its duties hereunder are no longer
permissible under applicable law and such incapacity cannot be cured by the
Seller. Any such determination permitting the resignation of the Seller shall be
evidenced by an Opinion of Counsel to such effect delivered to the Purchaser
which Opinion of Counsel shall be in form and substance acceptable to the
Purchaser. No such resignation shall become effective until a successor shall
have assumed the Seller's responsibilities and obligations hereunder in the
manner provided in Section 11.01.

      Section 8.05.  No Transfer of Servicing.

      With respect to the retention of the Seller to service the Mortgage Loans
hereunder, the Seller acknowledges that the Purchaser has acted in reliance upon
the Seller's independent status, the adequacy of its servicing facilities, plan,
personnel, records and procedures, its integrity, reputation and financial
standing and the continuance thereof. Without in any way limiting the generality
of this Section, the Seller shall not either assign this Agreement or the
servicing hereunder or delegate its rights or duties hereunder or any portion
thereof, or sell or otherwise dispose of all or substantially all of its
property or assets, without the prior written approval of the Purchaser.

      Without in any way limiting the generality of this Section 8.05, in the
event that the Seller either shall assign this Agreement or the servicing
responsibilities hereunder or delegate its duties hereunder or any portion
thereof without (i) satisfying the requirements set forth herein or (ii) the
prior written consent of the Purchaser, then the Purchaser shall have the right
to terminate this Agreement as set forth in Section 10.02, without any payment
of any penalty or damages and without any liability whatsoever to the Seller
(other than with respect to accrued but unpaid Servicing Advances remaining
unpaid) or any third party.

                                                                              56

                                   ARTICLE IX

                                     DEFAULT

      Section 9.01.  Events of Default.

      In case one or more of the following Events of Default by the Seller shall
occur and be continuing, that is to say:

      (i)     any failure by the Seller to remit to the Purchaser any payment
required to be made under the terms of this Agreement which continues unremedied
for a period of two (2) Business Days after the date upon which written notice
of such failure, requiring the same to be remedied, shall have been given to the
Seller by the Purchaser or the date upon which such non-payment is discovered by
Seller; or

      (ii)    failure on the part of the Seller duly to observe or perform in
any material respect any other of the covenants or agreements on the part of the
Seller set forth in this Agreement which continues unremedied for a period of
thirty (30) days (except that such number of days shall be fifteen (15) in the
case of a failure to pay any premium for any insurance policy required to be
maintained under this Agreement) after the date on which written notice of such
failure, requiring the same to be remedied, shall have been given to the Seller
by or on behalf of the Purchaser; or

      (iii)   a decree or order of a court or agency or supervisory authority
having jurisdiction for the appointment of a conservator or receiver or
liquidator in any insolvency, bankruptcy, readjustment of debt, marshalling of
assets and liabilities or similar proceedings, or for the winding-up or
liquidation of its affairs, shall have been entered against the Seller and such
decree or order shall have remained in force undischarged or unstayed for a
period of sixty (60) days; or

      (iv)    the Seller shall consent to the appointment of a conservator or
receiver or liquidation in any insolvency, bankruptcy, readjustment of debt,
marshalling of assets and liabilities or similar proceedings of or relating to
the Seller or of or relating to all or substantially all of its property; or

      (v)     the Seller shall admit in writing its inability to pay its debts
generally as they become due, file a petition to take advantage of any
applicable insolvency or reorganization statute, make an assignment for the
benefit of its creditors, or voluntarily suspend payment of its obligations; or

      (vi)    Seller ceases to be approved by both FNMA and FHLMC as a mortgage
loan seller and servicer for more than twenty (20) days; or

      (vii)   the Seller attempts to assign its right to servicing compensation
hereunder or the Seller attempts, without the consent of the Purchaser, to sell
or otherwise dispose of all or substantially all of its property or assets or to
assign this Agreement or the servicing responsibilities hereunder or to delegate
its duties hereunder or any portion thereof; or

                                                                              57

      (viii)  the Seller ceases to be (a) licensed to service first lien
residential mortgage loans in each jurisdiction in which a Mortgaged Property is
located and such licensing is required, or (b) qualified to transact business in
any jurisdiction where it is currently so qualified, but only to the extent such
non-qualification materially and adversely affects the Seller's ability to
perform its obligations hereunder; or

      (ix)    the Seller fails to meet the eligibility criteria set forth in the
penultimate sentence of Section 8.02;

then, and in each and every such case, so long as an Event of Default shall not
have been remedied, the Purchaser, by notice in writing to the Seller may, in
addition to whatever rights the Purchaser may have under Sections 3.03 and 8.01
and at law or equity or to damages, including injunctive relief and specific
performance, terminate all the rights and obligations of the Seller under this
Agreement and in and to the Mortgage Loans and the proceeds thereof without
compensating the Seller for the same. On or after the receipt by the Seller of
such written notice, all authority and power of the Seller under this Agreement,
whether with respect to the Mortgage Loans or otherwise, shall pass to and be
vested in the successor appointed pursuant to Section 11.01. Upon written
request from the Purchaser, the Seller shall prepare, execute and deliver, any
and all documents and other instruments, place in such successor's possession
all Mortgage Files, and do or accomplish all other acts or things necessary or
appropriate to effect the purposes of such notice of termination, whether to
complete the transfer and endorsement or assignment of the Mortgage Loans and
related documents, or otherwise, at the Seller's sole expense. The Seller agrees
to cooperate with the Purchaser and such successor in effecting the termination
of the Seller's responsibilities and rights hereunder, including, without
limitation, the transfer to such successor for administration by it of all cash
amounts which shall at the time be credited by the Seller to the Custodial
Account or Escrow Account or thereafter received with respect to the Mortgage
Loans or any REO Property.

      Section 9.02.  Waiver of Defaults.

      The Purchaser may waive only by written notice any default by the Seller
in the performance of its obligations hereunder and its consequences. Upon any
such waiver of a past default, such default shall cease to exist, and any Event
of Default arising therefrom shall be deemed to have been remedied for every
purpose of this Agreement. No such waiver shall extend to any subsequent or
other default or impair any right consequent thereon except to the extent
expressly so waived in writing.

                                    ARTICLE X

                                   TERMINATION

      Section 10.01. Termination.

      The respective obligations and responsibilities of the Seller shall
terminate upon: (i) the later of the final payment or other liquidation (or any
advance with respect thereto) of the last Mortgage Loan or the disposition of
all REO Property and the remittance of all funds due

                                                                              58

hereunder; or (ii) by mutual consent of the Seller and the Purchaser in writing;
or (iii) termination with or without cause under the terms of this Agreement.

      Section 10.02. Termination Without Cause.

      The Purchaser may, at its sole option, terminate any rights the Seller may
have hereunder, without cause, upon written notice. Any such notice of
termination shall be in writing and delivered to the Seller as provided in
Section 11.05 of this Agreement. In the event of such termination, the Purchaser
agrees to pay as liquidated damages, a sum equal to a percentage of the
aggregate unpaid principal balance of the Mortgage Loans as of the termination
date, as follows: two and one half percent (2.5%) for any Mortgage Loans having
Mortgaged Property in the states of New York, New Jersey or Connecticut; two
percent (2.0%) for all remaining Mortgage Loans. Notwithstanding the foregoing,
there shall be no fee or liquidated damages for termination pursuant to this
Section with respect to any Mortgage Loans ninety (90) days or more delinquent.

                                   ARTICLE XI

                        RECONSTITUTION OF MORTGAGE LOANS

      Section 11.01. Reconstitution of Mortgage Loans.

      (a)     The Seller acknowledges and the Purchaser agrees that with respect
to some or all of the Mortgage Loans, the Purchaser may effect any of the
following:

      (i)     one or more sales of the Mortgage Loans as whole loan transfers
(each, a "Whole Loan Transfer"); and/or

      (ii)    one or more Transfers; and/or

      (iii)   one or more sales of the Mortgage Loans as agency transfers (each,
an "Agency Transfer").

      (b)     With respect to each Whole Loan Transfer, Agency Transfer or
Pass-Through Transfer, as the case may be, the Seller agrees:

      (i)     to cooperate fully with the Purchaser and any prospective
purchaser with respect to all reasonable requests and reasonable due diligence
procedures including participating in meetings with rating agencies, bond
insurers and such other parties as the Purchaser shall designate and
participating in meetings with prospective purchasers of the Mortgage Loans or
interests therein and providing information reasonably requested by such
purchasers;

      (ii)    to execute all agreements required to be executed by the Seller in
connection with such Whole Loan Transfer, Agency Transfer or Pass-Through
Transfer provided that such agreements will not contain any greater obligations
on the part of Seller as are contained in this Agreement and Seller is given an
opportunity to review and reasonably negotiate in good faith the content of such
documents;

                                                                              59

      (iii)   to deliver to the Purchaser and to any Person designated by the
Purchaser for inclusion in any prospectus or other offering material such
publicly available information regarding the Seller, its underwriting standards,
its financial condition and its mortgage loan delinquency, foreclosure
experience and any additional information reasonably requested by the Purchaser,
and to indemnify the Purchaser and its affiliates for material misstatements
contained in such information, and to deliver such statements and audit letters
of reputable, certified public accountants pertaining to information provided by
the Seller as shall be reasonably requested by the Purchaser;

      (iv)    to deliver to the Purchaser, and to any Person designated by the
Purchaser, such in-house opinions of counsel in a form reasonably acceptable to
the Purchaser as are customarily delivered by servicers and reasonably
determined by the Purchaser to be necessary in connection with Whole Loan
Transfers, Agency Transfers or Pass-Through Transfers;

      (v)     to make all representations and warranties with respect to the
Mortgage Loans as of the Closing Date and with respect to the Seller itself as
of the closing date of each Whole Loan Transfer, Agency Transfer or Pass-Through
Transfer;

      (vi)    to make representations and warranties (1) that the Seller has
serviced the Mortgage Loans in accordance with the terms of this Agreement,
provided accurate statements to the Purchaser pursuant to Section 5.02 of this
Agreement, and otherwise complied with all covenants and obligations hereunder
and (2) that the Seller has taken no action nor omitted to take any required
action the omission of which would have the effect of impairing any mortgage
insurance or guarantee on the Mortgage Loans; and

      (vii)   the third party costs incurred by Seller in connection with
compliance with this Section 11.01, including but not limited to the costs of
opinions of outside special counsel that may be required for a Whole Loan
Transfer, Agency Transfer or Pass-Through Transfer, shall be the responsibility
of the Purchaser.

      All Mortgage Loans not sold or transferred pursuant to Whole Loan
Transfers, Agency Transfers or Pass-Through Transfers shall remain subject to
this Agreement and shall continue to be serviced in accordance with the terms of
this Agreement and with respect thereto this Agreement shall remain in full
force and effect.

                                   ARTICLE XII

                            MISCELLANEOUS PROVISIONS

      Section 12.01. Successor to the Seller.

      Prior to termination of Seller's responsibilities and duties under this
Agreement pursuant to Sections 4.13, 8.04, 9.01, 10.01 or 10.02, the Purchaser
shall (i) succeed to and assume all of the Seller's responsibilities, rights,
duties and obligations under this Agreement, or (ii) appoint a successor having
the characteristics set forth in Section 8.02 hereof and which shall succeed to
all rights and assume all of the responsibilities, duties and liabilities of the
Seller under this

                                                                              60

Agreement prior to the termination of Seller's responsibilities, duties and
liabilities under this Agreement. In connection with such appointment and
assumption, the Purchaser may make such arrangements for the compensation of
such successor out of payments on Mortgage Loans as the Purchaser and such
successor shall agree. In the event that the Seller's duties, responsibilities
and liabilities under this Agreement should be terminated pursuant to any of the
aforementioned Sections, the Seller shall discharge such duties and
responsibilities during the period from the date it acquires knowledge of such
termination until the effective date thereof with the same degree of diligence
and prudence which it is obligated to exercise under this Agreement, and shall
take no action whatsoever that might impair or prejudice the rights or financial
condition of its successor. The resignation or removal of Seller pursuant to the
aforementioned Sections shall not become effective until a successor shall be
appointed pursuant to this Section and shall in no event relieve the Seller of
the representations and warranties made pursuant to Sections 3.01, 3.02 and 3.03
and the remedies available to the Purchaser thereunder and under Section 8.01,
it being understood and agreed that the provisions of such Sections 3.01, 3.02,
3.03 and 8.01 shall be applicable to the Seller notwithstanding any such
resignation or termination of the Seller, or the termination of this Agreement.

      Any successor appointed as provided herein shall execute, acknowledge and
deliver to the Seller and to the Purchaser an instrument accepting such
appointment, whereupon such successor shall become fully vested with all the
rights, powers, duties, responsibilities, obligations and liabilities of the
Seller, with like effect as if originally named as a party to this Agreement.
Any termination or resignation of the Seller or this Agreement pursuant to
Section 4.13, 8.04, 9.01, 10.01, or 10.02 shall not affect any claims that the
Purchaser may have against the Seller arising prior to any such termination or
resignation.

      The Seller shall promptly deliver to the successor the funds in the
Custodial Account and the Escrow Account and the Mortgage Files and related
documents and statements held by it hereunder and the Seller shall account for
all funds. The Seller shall execute and deliver such instruments and do such
other things all as may reasonably be required to more fully and definitely vest
and confirm in the successor all such rights, powers, duties, responsibilities,
obligations and liabilities of the Seller. The successor shall make arrangements
as it may deem appropriate to reimburse the Seller for unrecovered Servicing
Advances which the successor retains hereunder and which would otherwise have
been recovered by the Seller pursuant to this Agreement but for the appointment
of the successor servicer.

      Upon a successor's acceptance of appointment as such, the Seller shall
notify by mail the Purchaser of such appointment.

      Section 12.02. Amendment.

      This Agreement may be amended from time to time by the Seller and the
Purchaser by written agreement signed by the Seller and the Purchaser.

                                                                              61

      Section 12.03. Recordation of Agreement.

      To the extent permitted by applicable law, this Agreement is subject to
recordation in all appropriate public offices for real property records in all
the counties or other comparable jurisdictions in which any of all the
properties subject to the Mortgages are situated, and in any other appropriate
public recording office or elsewhere, such recordation to be effected by the
Seller at the Seller's expense on direction of the Purchaser accompanied by an
Opinion of Counsel to the effect that such recordation materially and
beneficially affects the interest of the Purchaser or is necessary for the
administration or servicing of the Mortgage Loans.

      Section 12.04. Governing Law.

      This Agreement shall be governed by and construed in accordance with the
laws of the State of New York except to the extent preempted by federal law,
without giving effect to choice of law principles. The obligations, rights and
remedies of the parties hereunder shall be determined in accordance with such
laws.

      Each of the Seller and the Purchaser hereby knowingly, voluntarily and
intentionally waives any and all rights it may have to a trial by jury in
respect or any litigation based on, or arising out of, under, or in connection
with, this Agreement, or any other documents and instruments executed in
connection herewith, or any course of conduct, course of dealing, statements
(whether oral or written), or actions of the Seller or the Purchaser. This
provision is a material inducement for the Purchaser to enter into this
Agreement.

      Section 12.05. Notices.

      Any demands, notices or other communications permitted or required
hereunder shall be in writing and shall be deemed conclusively to have been
given if personally delivered at or mailed by registered mail, postage prepaid,
and return receipt requested or certified mail, return receipt requested, or
transmitted by telex, telegraph or telecopier and confirmed by a similar mailed
writing, as follows:

      (i)     if to the Seller:

                     Chase Home Finance LLC
                     300 Tice Boulevard
                     Woodcliff Lake, NJ 07675
                     Attention: Michael D. Katz

                     With copy to:

                     General Counsel
                     Chase Home Finance LLC
                     343 Thornall Street
                     Edison, NJ 08837

      (ii)    if to the Purchaser:

                                                                              62

                     Bank of America, National Association
                     Hearst Tower
                     NCI-027-21-04
                     214 North Tryon Street, 21st Floor
                     Charlotte, NC 28255
                     Attention: Managing Director

or such other address as may hereafter be furnished to the other party by like
notice. Any such demand, notice or communication hereunder shall be deemed to
have been received on the date delivered to or received at the premises of the
addressee (as evidenced, in the case of registered or certified mail, by the
date noted on the return receipt).

      Section 12.06. Severability of Provisions.

      Any part, provision, representation or warranty of this Agreement which is
prohibited or which is held to be void or unenforceable shall be ineffective to
the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof. Any part, provision, representation or warranty of
this Agreement which is prohibited or unenforceable or is held to be void or
unenforceable in any jurisdiction shall be ineffective, as to such jurisdiction,
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction as to any Mortgage Loan shall not invalidate or render
unenforceable such provision in any other jurisdiction. To the extent permitted
by applicable law, the parties hereto waive any provision of law which prohibits
or renders void or unenforceable any provision hereof. If the invalidity of any
part, provision, representation or warranty of this Agreement shall deprive any
party of the economic benefit intended to be conferred by this Agreement, the
parties shall negotiate, in good faith, to develop a structure the economic
effect of which is nearly as possible the same as the economic effect of this
Agreement without regard to such invalidity.

      Section 12.07. Exhibits.

      The exhibits to this Agreement are hereby incorporated and made a part
hereof and are an integral part of this Agreement.

      Section 12.08. General Interpretive Principles.

      For purposes of this Agreement, except as otherwise expressly provided or
unless the context otherwise requires:

      (i)     the terms defined in this Agreement have the meanings assigned to
them in this Agreement and include the plural as well as the singular, and the
use of any gender herein shall be deemed to include the other gender;

      (ii)    accounting terms not otherwise defined herein have the meanings
assigned to them in accordance with generally accepted accounting principles;

                                                                              63

      (iii)   references herein to "Articles," "Sections," Subsections,"
"Paragraphs," and other subdivisions without reference to a document are to
designated Articles, Sections, Subsections, Paragraphs and other subdivisions of
this Agreement;

      (iv)    a reference to a Subsection without further reference to a Section
is a reference to such Subsection as contained in the same Section in which the
reference appears, and this rule shall also apply to Paragraphs and other
subdivisions;

      (v)     the words "herein," "hereof ," "hereunder" and other words of
similar import refer to this Agreement as a whole and not to any particular
provision;

      (vi)    the term "include" or "including" shall mean without limitation by
reason of enumeration; and

      (vii)   headings of the Articles and Sections in this Agreement are for
reference purposes only and shall not be deemed to have any substantive effect.

      Section 12.09. Reproduction of Documents.

      This Agreement and all documents relating thereto, including, without
limitation, (i) consents, waivers and modifications which may hereafter be
executed, (ii) documents received by any party at the closing, and (iii)
financial statements, certificates and other information previously or hereafter
furnished, may be reproduced by any photographic, photostatic, microfilm,
micro-card, miniature photographic or other similar process. The parties agree
that any such reproduction shall be admissible in evidence as the original
itself in any judicial or administrative proceeding, whether or not the original
is in existence and whether or not such reproduction was made by a party in the
regular course of business, and that any enlargement, facsimile or further
reproduction of such reproduction shall likewise be admissible in evidence.

      Section 12.10. Confidentiality of Information.

      Each party recognizes that, in connection with this Agreement, it may
become privy to non-public information regarding the financial condition,
operations and prospects of the other party. Each party agrees to keep all
non-public information regarding the other party strictly confidential, and to
use all such information solely in order to effectuate the purpose of the
Agreement, provided that each party may provide confidential information to its
employees, agents and affiliates who have a need to know such information in
order to effectuate the transaction, provided further that such information is
identified as confidential non-public information. In addition, confidential
information may be provided to a regulatory authority with supervisory power
over Purchaser, provided such information is identified as confidential
non-public information.

      Notwithstanding any other express or implied agreement to the contrary,
the parties agree and acknowledge that each of them and each of their employees,
representatives, and other agents may disclose to any and all persons, without
limitation of any kind, the tax treatment and tax structure of the transaction
and all materials of any kind (including opinions or other tax analyses) that
are provided to any of them relating to such tax treatment and tax structure,
except

                                                                              64

to the extent that confidentiality is reasonably necessary to comply with U.S.
federal or state securities laws. For purposes of this paragraph, the terms "tax
treatment" and "tax structure" have the meanings specified in Treasury
Regulation section 1.6011-4(c).

      Section 12.11. Recordation of Assignments of Mortgage.

      To the extent permitted by applicable law, each of the Assignments of
Mortgage is subject to recordation in all appropriate public offices for real
property records in all the counties or other comparable jurisdictions in which
any or all of the Mortgaged Properties are situated, and in any other
appropriate public recording office or elsewhere, such initial recordation from
the Seller to the Purchaser or the Purchaser's designee to be effected at the
Seller's expense in the event recordation is either necessary under applicable
law or requested by the Purchaser at its sole option.

      Section 12.12. Assignment by Purchaser.

      The Purchaser shall have the right, without the consent of the Seller
hereof, to assign, in whole or in part, its interest under this Agreement with
respect to some or all of the Mortgage Loans, and designate any person to
exercise any rights of the Purchaser hereunder, by executing an Assignment and
Assumption Agreement substantially in the form of Exhibit D hereto and the
assignee or designee shall accede to the rights and obligations hereunder of the
Purchaser with respect to such Mortgage Loans. In no event shall Purchaser sell
a partial interest in any Mortgage Loan without the written consent of Seller,
which consent shall not be unreasonably denied. All references to the Purchaser
in this Agreement shall be deemed to include its assignee or designee. However,
in no event shall there be more than four (4) Persons under the three
Reconstitution Agreements (i.e., Pass-Through Transfer, Whole Loan Transfer and
Agency Transfer) at any given time having the status of "Purchaser" under such
agreements.

      Section 12.13. No Partnership.

      Nothing herein contained shall be deemed or construed to create a
co-partnership or joint venture between the parties hereto and the services of
the Seller shall be rendered as an independent contractor and not as agent for
Purchaser.

      Section 12.14. Execution; Successors and Assigns.

      This Agreement may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same agreement. Subject to Section 8.04, this Agreement
shall inure to the benefit of and be binding upon the Seller and the Purchaser
and their respective successors and assigns.

      Section 12.15. Entire Agreement.

      The Seller acknowledges that no representations, agreements or promises
were made to the Seller by the Purchaser or any of its employees other than
those representations, agreements or promises specifically contained herein.
This Agreement sets forth the entire understanding

                                                                              65

between the parties hereto and shall be binding upon all successors of both
parties. In the event of any inconsistency between the Purchase Price and Terms
Letter and this Agreement, this Agreement shall control.

      Section 12.16. No Solicitation.

      From and after the Closing Date, the Seller agrees that it will not take
any action or permit or cause any action to be taken by any of its agents or
affiliates, or by any independent contractors on the Seller's behalf, to
personally, by telephone or mail, solicit the Mortgagor under any Mortgage Loan
to refinance the Mortgage Loan, in whole or in part, without the prior written
consent of the Purchaser. Notwithstanding the foregoing, it is understood and
agreed that promotions undertaken by the Seller or any affiliate of the Seller
which are directed to the general public at large, or segments thereof, provided
that no segment shall consist primarily of the Mortgage Loans, including,
without limitation, mass mailing based on commercially acquired mailing lists,
newspaper, radio and television advertisements shall not constitute solicitation
under this Section 12.16. This Section 12.16 shall not be deemed to preclude the
Seller or any of its affiliates from soliciting any Mortgagor for any other
financial products or services. In addition, Seller shall use its commercially
reasonable best efforts to prevent the sale of the name of any Mortgagor to any
Person who is not an affiliate of Seller and who Seller knows will solicit the
Mortgagor for refinance.

      Section 12.17. Further Agreements.

      The Purchaser and the Seller each agree to execute and deliver to the
other such additional documents, instruments or agreements as may be necessary
or appropriate to effectuate the purposes of this Agreement.

      Section 12.18. Closing.

      The closing for the purchase and sale of the Mortgage Loans shall take
place on the Closing Date. The closing shall be either: by telephone, confirmed
by letter or wire as the parties shall agree, or conducted in person, at such
place as the parties shall agree.

      The closing for the Mortgage Loans to be purchased on the Closing Date
shall be subject to each of the following conditions:

      (a)     at least two (2) Business Days prior to the Closing Date, the
Seller shall deliver to the Purchaser a magnetic diskette, or transmit by modem,
a listing on a loan-level basis of the information contained in the Mortgage
Loan Schedule;

      (b)     all of the representations and warranties of the Seller under this
Agreement shall be materially true and correct as of the Closing Date and no
event shall have occurred which, with notice or the passage of time, would
constitute a material default under this Agreement;

      (c)     the Purchaser shall have received, or the Purchaser's attorneys
shall have received in escrow, all closing documents more particularly described
in the Purchase Price and Terms

                                                                              66

Letter, in such forms as are agreed upon and acceptable to the Purchaser, duly
executed by all signatories other than the Purchaser as required pursuant to the
terms hereof;

      (d)     the Seller shall have delivered and released to the Purchaser (or
its designee) on or prior to the Closing Date all documents required pursuant to
the terms of this Agreement; and

      (e)     all other terms and conditions of this Agreement and the Purchase
Price and Terms Letter shall have been materially complied with.

      Subject to the foregoing conditions, the Purchaser shall pay to the Seller
on the Closing Date the Purchase Price, plus accrued interest pursuant to
Section 2.02 of this Agreement, by wire transfer of immediately available funds
to the account designated by the Seller.

      Section 12.19. Costs.

      The Purchaser shall pay any commissions due its salesmen and the legal
fees and expenses of its attorneys. The Seller shall pay for the physical
delivery of the Mortgage Loan Documents to a location designated by the
Purchaser, and all the costs and expenses incurred in connection with the
transfer and delivery of the Mortgage Loans, including fees for title policy
endorsements and continuations, if required.

                         [SIGNATURES ON FOLLOWING PAGE]

                                                                              67

      IN WITNESS WHEREOF, the Seller and the Purchaser have caused their names
to be signed hereto by their respective officers thereunto duly authorized as of
the day and year first above written.

                                        BANK OF AMERICA, NATIONAL
                                        ASSOCIATION
                                        Purchaser

                                        By:   /s/ Bruce W. Good
                                           -------------------------------------

                                        Name:   Bruce W. Good
                                             -----------------------------------

                                        Title:  Vice President
                                              ----------------------------------

                                        Taxpayer ID Number:_____________________

                                        CHASE HOME FINANCE LLC
                                        Seller and Servicer

                                        By:   /s/ Ralph A. Armenta
                                           -------------------------------------

                                        Name:  Ralph A. Armenta

                                        Title: Vice President

                                                                              68

                                    EXHIBIT A

                            CONTENTS OF MORTGAGE FILE

      With respect to each Mortgage Loan, the Mortgage File shall include each
of the following items, which shall be available for inspection by the
Purchaser, and which shall be retained by the Seller in the Servicing File or
delivered to the Purchaser or its designee pursuant to Sections 2.04 and 2.05 of
the Mortgage Loan Purchase, Warranties and Servicing Agreement.

      1. The original Mortgage Note endorsed "Pay to the order of _____________,
without recourse," and signed in the name of the Seller by an authorized
officer, with all intervening endorsements showing a complete chain of title
from the originator to the Seller. If the Mortgage Loan was acquired by the
Seller in a merger, the endorsement must be by "[Seller], successor by merger to
the [name of predecessor]". If the Mortgage Loan was acquired or originated by
the Seller while doing business under another name, the endorsement must be by
"[Seller] formerly known as [previous name]". With respect to no more than 2% of
the unpaid principal balance of the Mortgage Loans as of the Cut-off Date, in
the event that the original Mortgage Note is lost, a lost note affidavit may be
provided.

      2. The original Mortgage with evidence of recording thereon, or a copy
thereof certified by the public recording office in which such Mortgage has been
recorded or, if the original Mortgage has not been returned from the applicable
public recording office, a true certified copy, certified by the Seller, of the
original Mortgage.

      3. The original or certified to be true copy, certified by the Seller, of
the Primary Mortgage Insurance Policy, if required.

      4. The original Assignment, from the Seller (or its designee MERS) to
_______________________, or in accordance with Purchaser's instructions, which
assignment shall, but for any blanks requested by Purchaser, be in form and
substance acceptable for recording, or a copy certified by Seller as a true and
correct copy of the original Assignment which has been sent for recordation. If
the Mortgage Loan was acquired or originated by the Seller while doing business
under another name, the Assignment must be by "[Seller] formerly known as
[previous name]".

      5. With respect to Mortgage Loans that are not Co-op Loans, the original
policy of title insurance, including riders and endorsements thereto, or if the
policy has not yet been issued, a written commitment or interim binder or
preliminary report of title issued by the title insurance or escrow company.

      6. Originals of all recorded intervening Assignments, or copies thereof,
certified by the public recording office in which such Assignments have been
recorded showing a complete chain of title from the originator to the Seller,
with evidence of recording thereon, or a copy thereof certified by the public
recording office in which such Assignment has been recorded or, if the

                                  EXHIBIT A - 1

original Assignment has not been returned from the applicable public recording
office, a true certified copy, certified by the Seller of the original
Assignment.

      7. Originals, or copies thereof certified by the public recording office
in which such documents have been recorded, of each assumption, extension,
modification, written assurance or substitution agreements, if applicable, or if
the original of such document has not been returned from the applicable public
recording office, a true certified copy, certified by the Seller, of such
original document.

      8. If the Mortgage Note or Mortgage or any other material document or
instrument relating to the Mortgage Loan has been signed by a person on behalf
of the Mortgagor, the original power of attorney or other instrument that
authorized and empowered such person to sign bearing evidence that such
instrument has been recorded, if so required in the appropriate jurisdiction
where the Mortgaged Property is located (or, in lieu thereof, a duplicate or
conformed copy of such instrument, together with a certificate of receipt from
the recording office, certifying that such copy represents a true and complete
copy of the original and that such original has been or is currently submitted
to be recorded in the appropriate governmental recording office of the
jurisdiction where the Mortgaged Property is located), or if the original power
of attorney or other such instrument has been delivered for recording in the
appropriate public recording office of the jurisdiction in which the Mortgaged
Property is located.

      9. With respect to a Co-op Loan: (i) a copy of the Co-op Lease and the
assignment of such Co-op Lease to the originator of the Mortgage Loan, with all
intervening assignments showing a complete chain of title and an assignment
thereof by Seller; (ii) the stock certificate together with an undated stock
power relating to such stock certificate executed in blank; (iii) the
recognition agreement in substantially the same form as standard "AZTECH" form;
(iv) copies of the financing statement filed by the originator as secured party
and, if applicable, a filed UCC-3 Assignment of the subject security interest
showing a complete chain of title, together with an executed UCC-3 Assignment of
such security interest by the Seller in a form sufficient for filing.

      10. Mortgage Loan closing statement (Form HUD-1) and any other
truth-in-lending or real estate settlement procedure forms required by law.

      11. Residential loan application.

      12. Uniform underwriter and transmittal summary (FNMA Form 1008) or
reasonable equivalent.

      13. Credit report on the mortgagor.

      14. Business credit report, if applicable.

      15. Residential appraisal report and attachments thereto.

      16. The original of any guarantee executed in connection with the Mortgage
Note.

                                  EXHIBIT A - 2

      17. Verification of employment and income except for Mortgage Loans
originated under a Limited Documentation Program, all in accordance with
Seller's underwriting guidelines.

      18. Verification of acceptable evidence of source and amount of down
payment, in accordance with Seller's underwriting guidelines.

      19. Photograph of the Mortgaged Property (may be part of appraisal).

      20. Survey of the Mortgaged Property, if any.

      21. Sales contract, if applicable.

      22. If available, termite report, structural engineer's report, water
portability and septic certification.

      23. Any original security agreement, chattel mortgage or equivalent
executed in connection with the Mortgage.

      Notwithstanding anything to the contrary herein, Seller may provide one
certificate for all of the Mortgage Loans indicating that the documents were
delivered for recording.

                                  EXHIBIT A - 3

                                    EXHIBIT B

                       CUSTODIAL ACCOUNT LETTER AGREEMENT

To:   JPMorgan Chase Bank, National Association
      270 Park Avenue
      New York, NY 10017
      (the "Depository")

      As "Seller" under the Mortgage Loan Purchase, Warranties and Servicing
Agreement, dated as of January 1, 2005, Whole Loan Series 2005 WL-B (the
"Agreement"), we hereby authorize and request you to establish an account, as a
Custodial Account pursuant to Section 4.04 of the Agreement, to be designated as
"Chase Home Finance LLC In Trust For Bank of America, National Association owner
of various whole loan series P&I". All deposits in the account shall be subject
to withdrawal therefrom by order signed by the Seller. This letter is submitted
to you in duplicate. Please execute and return one original to us.

CHASE HOME FINANCE LLC

By: ________________________________
Name: ______________________________
Title:______________________________

      The undersigned, as "Depository", hereby certifies that the above
described account has been established under Account Number ________________, at
the office of the depository indicated above, and agrees to honor withdrawals on
such account as provided above.

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

By:_________________________________
Name:_______________________________
Title:______________________________

                                  EXHIBIT B - 1

                                    EXHIBIT C

                         ESCROW ACCOUNT LETTER AGREEMENT

To:   JPMorgan Chase Bank, National Association
      270 Park Avenue
      New York, New York 10017
      (the "Depository")

      As "Seller" under the Mortgage Loan Purchase, Warranties and Servicing
Agreement, dated as of January 1, 2005, Whole Loan Series 2005 WL-B the
"Agreement"), we hereby authorize and request you to establish an account, as an
Escrow Account pursuant to Section 4.06 of the Agreement, to be designated as
"Chase Home Finance LLC In Trust For Bank of America, National Association owner
of various whole loan series and various mortgagors T&I". All deposits in the
account shall be subject to withdrawal therefrom by order signed by the Seller.
This letter is submitted to you in duplicate. Please execute and return one
original to us.

                      CHASE HOME FINANCE LLC

                      By:________________________________
                      Name:______________________________
                      Title:_____________________________

      The undersigned, as "Depository", hereby certifies that the above
described account has been established under Account Number ________________, at
the office of the depository indicated above, and agrees to honor withdrawals on
such account as provided above.

                      JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

                      By:________________________________
                      Name:______________________________
                      Title:_____________________________

                                  EXHIBIT C - 1

                                    EXHIBIT D

                        FORM OF ASSIGNMENT AND ASSUMPTION

      THIS ASSIGNMENT AND ASSUMPTION AGREEMENT, dated _______________, ______,
between _________________________________________, a _______________ corporation
("Assignor"), and _______________________________, a __________________
corporation ("Assignee"):

      For and in consideration of the sum of TEN DOLLARS ($10.00) and other
valuable consideration, the receipt and sufficiency of which hereby are
acknowledged, and of the mutual covenants herein contained, the parties hereto
hereby agree as follows:

      1. The Assignor hereby grants, transfers and assigns to Assignee all of
the right, title and interest of Assignor, as Purchaser, in, to and under (a)
those certain Mortgage Loans listed on Exhibit A attached hereto (the "Mortgage
Loans"), (b) that certain Mortgage Loan Purchase, Warranties and Servicing
Agreement, Whole Loan Series 2005 WL-B (the "Purchase, Warranties and Servicing
Agreement"), dated as of January 1, 2005, by and between Bank of America,
National Association, Purchaser and Chase Home Finance LLC, Seller and Servicer
(collectively, the "Company"), with respect to the Mortgage Loans and (c) the
certain Custody Agreement (the "Custody Agreement"), dated as of ______, by and
between ____________ as Owner and _________ as custodian.

      The Assignor specifically reserves and does not assign to the Assignee
hereunder any and all right, title and interest in, to and under and all
obligations of the Assignor with respect to any mortgage loans subject to the
Purchase, Warranties and Servicing Agreement which are not the Mortgage Loans
set forth on Exhibit A attached hereto and are not the subject of this
Assignment and Assumption Agreement.

      2. The Assignor warrants and represents to, and covenants with, the
Assignee that:

            a. The Assignor is the lawful owner of the Mortgage Loans with the
full right to transfer the Mortgage Loans free from any and all claims and
encumbrances whatsoever;

            b. The Assignor has not received notice of, and has no knowledge of,
any offsets, counterclaims or other defenses available to the Seller or the
Servicer with respect to the Purchase, Warranties and Servicing Agreement or the
Mortgage Loans;

            c. The Assignor has not waived or agreed to any waiver under, or
agreed to any amendment or other modification of, the Purchase, Warranties and
Servicing Agreement, the Custody Agreement or the Mortgage Loans, including
without limitation the transfer of the servicing obligations under the Purchase,
Warranties and Servicing Agreement. The Assignor has no knowledge of, and has
not received notice of, any waivers under or amendments or other modifications
of, or assignments of rights or obligations under or defaults under, the
Purchase, Warranties and Servicing Agreement, the Custody Agreement or the
Mortgage Loans; and

                                  EXHIBIT D - 1

            d. Neither the Assignor nor anyone acting on its behalf has offered,
transferred, pledged, sold or otherwise disposed of the Mortgage Loans, any
interest in the Mortgage Loans or any other similar security to, or solicited
any offer to buy or accept a transfer, pledge or other disposition of the
Mortgage Loans, any interest in the Mortgage Loans or any other similar security
from, or otherwise approached or negotiated with respect to the Mortgage Loans,
any interest in the Mortgage Loans or any other similar security with, any
person in any manner, or made any general solicitation by means of general
advertising or in any other manner, or taken any other action which would
constitute a distribution of the Mortgage Loans under the Securities Act of 1933
(the "1933 Act") or which would render the disposition of the Mortgage Loans a
violation of Section 5 of the 1933 Act or require registration pursuant thereto.

      3. The Assignee warrants and represents to, and covenants with, the
Assignor and the Company that:

            a. The Assignee is a corporation duly organized, validly existing
and in good standing under the laws of the jurisdiction of its incorporation,
and has all requisite corporate power and authority to acquire, own and purchase
the Mortgage Loans;

            b. The Assignee has full corporate power and authority to execute,
deliver and perform under this Assignment and Assumption Agreement, and to
consummate the transactions set forth herein. The execution, delivery and
performance of the Assignee of this Assignment and Assumption Agreement, and the
consummation by it of the transactions contemplated hereby, have been duly
authorized by all necessary corporate action of the Assignee. This Assignment
and Assumption Agreement has been duly executed and delivered by the Assignee
and constitutes the valid and legally binding obligation of the Assignee
enforceable against the Assignee in accordance with its respective terms;

            c. To the best of Assignee's knowledge, no material consent,
approval, order or authorization of, or declaration, filing or registration
with, any governmental entity is required to be obtained or made by the Assignee
in connection with the execution, delivery or performance by the Assignee of
this Assignment and Assumption Agreement, or the consummation by it of the
transactions contemplated hereby;

            d. The Assignee agrees to be bound, as Purchaser and Owner (as
applicable), by all of the terms, covenants and conditions of the Purchase,
Warranties and Servicing Agreement, the Custody Agreement and the Mortgage
Loans, and from and after the date hereof, the Assignee assumes for the benefit
of each of the Company and the Assignor all of the Assignor's obligations as
Purchaser or Owner thereunder, with respect to the Mortgage Loans;

            e. The Assignee understands that the Mortgage Loans have not been
registered under the 1933 Act or the securities laws of any state;

            f. The purchase price being paid by the Assignee for the Mortgage
Loans is in excess of $250,000 and will be paid by cash remittance of the full
purchase price within sixty (60) days of the sale;

                                  EXHIBIT D - 2

            g. The Assignee is acquiring the Mortgage Loans for investment for
its own account only and not for any other person;

            h. The Assignee considers itself a substantial, sophisticated
institutional investor having such knowledge in financial and business matters
that it is capable of evaluating the merits and the risks of investment in the
Mortgage Loans;

            i. The Assignee has been furnished with all information regarding
the Mortgage Loans that it has requested from the Assignor or the Company;

            j. Neither the Assignee nor anyone acting on its behalf has offered,
transferred, pledged, sold or otherwise disposed of the Mortgage Loans, any
interest in the Mortgage Loans or any other similar security to, or solicited
any offer to buy or accepted a transfer, pledge or other disposition of the
Mortgage Loans, any interest in the Mortgage Loans or any other similar security
from, or otherwise approached or negotiated with respect to the Mortgage Loans,
any interest in the Mortgage Loans or any other similar security with, any
person in any manner, or made any general solicitation by means of general
advertising within the meaning of Rule 502(c) of Regulation D promulgated under
the 1933 Act or in any other manner, or taken any other action which would
constitute a distribution of the Mortgage Loans under the 1933 Act or which
would render the disposition of the Mortgage Loans a violation of Section 5 of
the 1933 Act or require registration pursuant thereto, nor will it act, nor has
it authorized or will it authorize any person to act, in such manner with
respect to the Mortgage Loans; and

            k. Either: (1) the Assignee is not an employee benefit plan ("Plan")
within the meaning of section 3(3) of the Employee Retirement Income Security
Act of 1974, as amended ("ERISA") or a plan (also "Plan") within the meaning of
section 4975(e)(1) of the Internal Revenue Code of 1986 ("Code"), and the
Assignee is not directly or indirectly purchasing the Mortgage Loans on behalf
of, investment manager of, as named fiduciary of, as trustee of, or with assets
of, a Plan; or (2) the Assignee's purchase of the Mortgage Loans will not result
in a prohibited transaction under section 406 of ERISA or section 4975 of the
Code.

            l. The Assignee's address for purpose of all notices and
correspondence related to the Mortgage Loans, the Purchase, Warranties and
Servicing Agreement and this Assignment and Assumption Agreement is:

                      ___________________________________
                      ___________________________________
                      ___________________________________
                      ___________________________________
                      ___________________________________
                      Attention:_________________________

            m. The Assignee's wire transfer instructions for purposes of all
remittances and payments related to the Mortgage Loans and the Purchase,
Warranties and Servicing Agreement is:

                                  EXHIBIT D - 3

                      For the account of:________________
                      ABA#:______________________________
                      A/C#:______________________________
                      A/C Name:__________________________
                      Taxpayer ID#:______________________

            n. The Assignor's address for purposes of all notices and
correspondence related to the Mortgage Loans, the Purchase, Warranties and
Servicing Agreement and this Assignment and Assumption Agreement is:

                      ___________________________________
                      ___________________________________
                      ___________________________________
                      ___________________________________
                      ___________________________________
                      Attention:_________________________

      4. The Assignor represents and warrants to the Assignee that (i) attached
hereto as Exhibit B is a true, accurate and complete copy of each of the
Purchase, Warranties and Servicing Agreement, the Custody Agreement and all
amendments and modifications, if any, thereto, (ii) neither the Purchase,
Warranties and Servicing Agreement nor the Custody Agreement has been amended or
modified in any respect, except as set forth in this Assignment and Assumption
Agreement and (iii) no notice of termination has been given to the Company under
the Purchase, Warranties and Servicing Agreement.

                                  EXHIBIT D - 4

      IN WITNESS WHEREOF, the parties have caused this Assignment and Assumption
Agreement to be executed by their duly authorized officers as of the date first
above written.

________________________________________     ___________________________________
________________________________________     ___________________________________
Assignor                                     Assignee

By:_____________________________________     By:________________________________

Its:____________________________________

Taxpayer Identification Number:________________

By signing the acknowledgment below, the Company (1) represents and warrants
that through the date hereof the Company has serviced the Mortgage Loans in
accordance with the terms of the Purchase, Warranties and Servicing Agreement
and (2) acknowledges and agrees that from and after the date hereof, the Company
shall (i) note the transfer of the Mortgage Loans to the Assignee in its books
and records, (ii) recognize the Assignee as the owner of the Mortgage Loans and
(iii) service the Mortgage Loans for the benefit of the Assignee pursuant to the
Purchase, Warranties and Servicing Agreement, the terms of which are
incorporated herein by reference, it being the intention of the Assignor, the
Company and the Assignee that the Purchase, Warranties and Servicing Agreement
shall be binding upon and inure to the benefit of the Company and the Assignee
and their respective successors and assigns. Acknowledged:

Chase Home Finance LLC,
Seller and Servicer

By:_____________________________________
Its:____________________________________

                                  EXHIBIT D - 5

                EXHIBIT A to Assignment and Assumption Agreement

                               THE MORTGAGE LOANS

                                  EXHIBIT D - 6

                EXHIBIT B to Assignment and Assumption Agreement

         MORTGAGE LOAN PURCHASE, WARRANTIES AND SERVICING AGREEMENT AND
                                CUSTODY AGREEMENT

                                  EXHIBIT D - 7

                                    EXHIBIT E

                                 POOL STATISTICS

                                  EXHIBIT E - 1

                                    EXHIBIT F

                             MORTGAGE LOAN SCHEDULE

                                  EXHIBIT F - 1

                                    EXHIBIT G

                  REQUEST FOR RELEASE OF DOCUMENTS AND RECEIPT

RE: Mortgage Loan #:____________________________________________________________
BORROWER:_______________________________________________________________________
PROPERTY:_______________________________________________________________________

Pursuant to a Mortgage Loan Purchase, Warranties and Servicing Agreement (the
"Agreement") dated as of January 1, 2005, between Chase Home Finance LLC (the
"Servicer") and Bank of America, National Association (the "Purchaser"), the
undersigned hereby certifies that he or she is an officer of the Servicer
requesting release of the documents for the reason specified below. The
undersigned further certifies that:

(Check one of the items below)

______      On _________________, the above captioned mortgage loan was paid in
full or that the Seller has been notified that payment in full has been or will
be escrowed. The Servicer hereby certifies that all amounts with respect to this
loan which are required under the Agreement have been or will be deposited in
the Custodial Account as required.

______      The above captioned loan is being repurchased pursuant to the terms
of the Agreement. The Servicer hereby certifies that the repurchase price has
been credited to the Custodial Account as required under the Agreement.

______      The above captioned loan is being placed in foreclosure and the
original documents are required to proceed with the foreclosure action. The
Servicer hereby certifies that the documents will be returned to the Purchaser
in the event of reinstatement.

______      Other (explain)

________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________

________________________________________________________________________________

All capitalized terms used herein and not defined shall have the meanings
assigned to them in the Agreement.

Based on this certification and the indemnities provided for in the Agreement,
please release to the Servicer all original mortgage documents in your
possession relating to this mortgage loan.

Dated:__________________________________     By:________________________________
                                                 Signature

                                                 _______________________________
                                                 _______________________________
                                                 Title

                                  EXHIBIT G - 1

Send documents to:

________________________________________
________________________________________
________________________________________

________________________________________
________________________________________
________________________________________

Acknowledgement:

Wachovia Bank, National Association hereby acknowledges that all original
documents previously released on the above captioned mortgage loan have been
returned and received by the Purchaser.

Dated:__________________________________     By:________________________________
                                             Signature

                                             ___________________________________
                                             ___________________________________
                                             Title

                                  EXHIBIT G - 2

                                    EXHIBIT H

[FORM OF BACK-UP CERTIFICATION]

[Name and address of
master servicer/trustee/depositor
receiving the certification]

Re: [name of securitization]

Chase Home Finance LLC, as [servicer] hereby certifies to the [master servicer]
that:

      1.    Based on our knowledge, the information prepared by the [servicer]
and relating to the mortgage loans serviced by the [servicer] and provided by
the [servicer] to the [master servicer] in its reports to the [master servicer]
is accurate and complete in all material respects as of the last day of the
period covered by such report;

      2.    Based on our knowledge, the [distribution or servicing] information
required to be provided to the [master servicer] by the [servicer] pursuant to
the [pooling and servicing] agreement has been provided to the [master
servicer];

      3.    Based upon the review required under the [pooling and servicing]
agreement, and except as disclosed in its reports, the [servicer] as of the last
day of the period covered by such reports has fulfilled its obligations under
the [pooling and servicing] agreement; and

      4.    The [servicer] has disclosed to its independent auditor, who issues
the independent auditor's report on the Uniform Single Attestation Program for
Mortgage Bankers for the [servicer], any significant deficiencies relating to
the [servicer's] compliance with minimum servicing standards.

                                             Chase Home Finance LLC,
                                             as [servicer]

                                             ___________________________________
                                             Authorized Signature

                                  EXHIBIT H - 1

                                    EXHIBIT I

                            MONTHLY REMITTANCE ADVICE

-------------------------
FOR CUTOFF PERIOD ENDING:
-------------------------

-------------------
    INV. LOAN #
-------------------
    CMMC LOAN #
-------------------
      PAID TO
-------------------
    BEG SCH BAL
-------------------
       DIFF
-------------------
    CURTAILMENT
-------------------
      PREPAID
-------------------
   INTEREST ADJ.
-------------------
       OTHER
-------------------
   LIQUIDATIONS
-------------------
   NET INTEREST
-------------------
   GRS. INTEREST
-------------------
     SCH PRIN
-------------------
    UNSCH PRIN
-------------------
     TOT PRIN
-------------------
    REMITTANCE
-------------------
    END SCH BAL
-------------------
      END UPB
-------------------
   TRIAL BALANCE
-------------------
       RATE
-------------------
       FEE %
-------------------
       PASS
-------------------
     CONSTANT
-------------------
      SER-FEE
-------------------
     Loan Type
-------------------
  Date of payoff
-------------------
    Payoff Rsn
-------------------
   Borrower name
-------------------
      Group#
-------------------
     Comments
-------------------

                                  EXHIBIT I - 1

                                    EXHIBIT J

                              SERVICER REQUIREMENTS

o     Loading/Updating Investor Headers

      o   Assignee will provide investor matrix for input on Servicing Systems,
          if applicable. Updates/additions will occur monthly, including new
          investor header detail for each new deal that is settled.

      o   The Seller, acting as servicer ("Servicer"), will load investor
          information upon receipt or before month end for inclusion on the next
          month-end file to Assignee.

      o   The Servicer will include the investor information on the monthly
          servicer file ("MSF") and the monetary file ("MF").

o     Loading Account Numbers

      o   The Servicer will load account numbers upon receipt or before month
          end to ensure inclusion with the next month-end files to Assignee.

o     Automated Monetary Transaction File

      o   The Servicer will establish a process to feed a MSF to Assignee that
          contains loan information specified in the MSF layout provided.

      o   The feed will include all new loans purchased in the previous month,
          as well as a maintenance file for all existing loans in the Assignee
          portfolio.

      o   The file will cut-off at month-end, including any changes or
          transactions that occur on the last day of the month.

      o   The file will be transmitted from the Servicer to the specified
          mailbox at Assignee.

      o   Assignee will receive and process the electronic file on the first
          business day of the month for the previous month-end file.

      o   The Servicer will provide an email providing file details for
          balancing.

o     MSF -- Ongoing Process

      o   The Servicer will establish a process to feed a MSF to Assignee that
          contains loan information specified in the MSF layout provided.

      o   The feed will include all new loans purchased in the previous month,
          as well as a maintenance file for all existing loans in the Assignee
          portfolio.

      o   The file will cut-off at month-end, including any changes or
          transactions that occur on the last day of the month.

                                  EXHIBIT J - 1

      o   The file will be transmitted from the Servicer to the specified
          mailbox at Assignee.

      o   Assignee will receive and process the electronic file on the first
          business day of the month for the previous month-end file.

      o   The Servicer will provide an email providing file details for
          balancing.

o     MSF -- Test File

For testing purposes, Assignee requests a sample file that represents the MSF.

      o   The Servicer will load/update investor header information received
          from Assignee.

      o   Assignee will receive and process the file on the first business day
          of the month for the previous month-end file.

      o   The Servicer will provide an email providing file details for
          balancing.

o     Reporting Requirements

The Servicer will provide the following reports to Assignee by the 5th business
day of the month, unless otherwise specified. Reports will be provided in an
electronic format, unless otherwise specified. The reports listed below are
required for the Assignee's project; reports in addition to these may also be
required.

The description of these reports is as follows:

      o   Collection Report - Report that summarizes the collections made during
          the reporting period.

      o   Paid In Full Report - Report that summarizes paid in full loans made
          during the reporting period.

      o   Trial Balance Report - Monthly statement of mortgage accounts or a
          trial balance as of the cutoff date.

      o   Scheduled Remittance Reports - Servicers send on a monthly basis. We
          would like this report by the 5th business day.

      o   Delinquency Report - Report from the servicer to be sent by the 5th
          business day. Assignee would like this report sent via e-mail or fax.

                                  EXHIBIT J - 2

                                   EXHIBIT II

                          CHASE MORTGAGE LOAN SCHEDULE

             [Please see Exhibit D to Exhibit 4.1 of this Form 8-K]

                                      II-1

                                   EXHIBIT III

                         SUNTRUST MORTGAGE LOAN SCHEDULE

             [Please see Exhibit D to Exhibit 4.1 of this Form 8-K]

                                      III-1

                                   EXHIBIT IV

                           WAMU MORTGAGE LOAN SCHEDULE

             [Please see Exhibit D to Exhibit 4.1 of this Form 8-K]

                                      IV-1

                                    EXHIBIT V

                     WELLS FARGO BANK MORTGAGE LOAN SCHEDULE

             [Please see Exhibit D to Exhibit 4.1 of this Form 8-K]

                                       V-1

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