Document:

Exhibit 10.1

 

Asset
Purchase Agreement

 

THIS made as of the 1st day of December,
2020.

 

AMONG:

 

warpspeed
taxi inc., a company incorporated pursuant to the laws of Wyoming with an office located at 9436 W. Lake Mead Blvd,
Las Vegas, NV 89134;

 

(the “Purchaser”)

 

		AND:	LIMITLESS PROJECTS INC., a company incorporated pursuant to the laws
of Wyoming with an office located at 420 North Nellis A3-146, Las Vegas, Nevada, 89110;

 

(the “Vendor”)

  

A.       The
Vendor owns a 100% undivided interest in and to a certain ride-hailing and food delivery computer and mobile device application
including, without limitation, the application, all software, the corresponding website domain, content, data, and all incorporated
technology (the “Application”); and

 

B.       The
Purchaser wishes to acquire and the Vendor wishes to sell, transfer, and deliver, on the terms and conditions set forth in this
Agreement, all of Vendor’s right, title and interest in and to the Application, free and clear of all Encumbrances (as defined
below), and subject to the Vendor completing a working prototype of the Application acceptable to the Purchaser; and

 

In consideration of the undertakings of
the parties, their mutual promises and covenants, and other valuable consideration as provided, the parties, intending to be legally
bound, hereby agree as follows:

 

Article 1–
INTERPRETATION

 

		1.1	Definitions

 

In this Agreement, the following terms
and expressions will have the following meanings:

 

		(a)	“Accrued Interest” shall mean simple interest at an annual rate of 5% that shall
accrue on the Note;

 

		(b)	“Agreement” means this asset purchase agreement and all instruments amending
it; “hereof”, “hereto” and “hereunder” and similar expressions mean and
refer to this Agreement and not to any particular Article, Section, or other subdivision; “Article”, “Section”
or other subdivisions of this Agreement followed by a number means and refers to the specified Article, Section or other subdivision
of this Agreement;

 

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		(c)	“Application” means, collectively the full commercial version of the WarpSpeed
Taxi computer and mobile device application, including, without limitation, the domain name www.warpspeedtaxi.com; the current
website and application front-end and back-end content and software; all related intellectual property rights, logos, customer
lists and agreements, email lists, passwords, and usernames and trade names; and all incorporated technology, together with all
Trade Secrets, and any and all improvements, corrections, modifications, updates, enhancements or other changes, whether or not
included in the current commercial version, plus all System Documentation;

 

		(d)	“Business Day” means any day other than a Saturday, a Sunday or a statutory
holiday in the State of Wyoming;

 

		(e)	“Closing” means the completion of the Transaction pursuant to this Agreement
at the Closing Time;

 

		(f)	“Closing Date” means on or before December 31, 2020, or such other date agreed
to by the parties;

 

		(g)	“Closing Time” means 10:00 am in the City of Cheyenne, Wyoming on the Closing
Date or such other time on the Closing Date as the Parties may agree upon as the time at which the Closing shall take place;

 

		(h)	“Completion Date” has the meaning ascribed in Section 6.3.

 

		(i)	“Consent” means a license, permit, approval, consent, certificate, registration
or authorization (including, without limitation, those made or issued by a Regulatory Authority, in respect of a Contract, or otherwise);

 

		(j)	“Contract” means any agreement, understanding, indenture, contract, lease, deed
of trust, license, option, instrument or other commitment, whether written of oral;

 

		(k)	“Dispute” shall have the meaning ascribed in Section 8.1;

 

		(l)	“Encumbrances” means mortgages, charges, pledges, security interests, liens,
encumbrances, actions, claims, demands and equities of any nature whatsoever or howsoever arising and any rights or privileges
capable of becoming any of the foregoing;

 

		(m)	“Law” or “Laws” means all requirements imposed by statutes,
regulations, rules, ordinances, by-laws, decrees, codes, policies, judgments, orders, rulings, decisions, approvals, notices, permits,
guidelines or directives of any Regulatory Authority;

 

		(n)	“Loss” and “Losses” mean any and all demands, claims, actions
or causes of action, assessments, losses, damages, liabilities, costs, and expenses, including without limitation, interest, penalties,
fines and reasonable attorneys, accountants and other professional fees and expenses, but excluding damages for lost profits or
lost business opportunities and excluding any indirect, consequential or punitive damages suffered by the Purchaser or the Vendor;

 

		(o)	“Note” shall have the meaning ascribed in Section 2.1(c);

 

		(p)	“Patents” means any United States, Canadian or foreign patents and applications
(including provisional applications), patents issuing from such applications, certificates of invention or any other grants by
any court, administrative agency or commission or other federal, state, provincial, county, local or foreign governmental authority,
instrumentality, agency commission or subdivision thereof, including the U.S. Patent and Trademark Office, Canadian Intellectual
Property Office and the European Patent Office, for the protection of inventions, or foreign equivalents of any of the foregoing;

 

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		(q)	“Parties” means the Vendor and the Purchaser and any other person that may become
a party to this Agreement, and Party means any one of them;

 

		(r)	“person” includes any individual, corporation, partnership, firm, joint venture,
syndicate, association, trust, government, governmental agency and any other form of entity or organization;

 

		(s)	“Regulatory Authority” means any government, regulatory or administrative authority,
agency, commission, utility or board (federal, state, municipal or local, domestic or foreign) having jurisdiction in the relevant
circumstances and any person acting under the authority of any of the foregoing and any judicial, administrative or arbitral court,
authority, tribunal or commission having jurisdiction in the relevant circumstances;

 

		(t)	“System Documentation” means all documentation used in the development and updating
of the Application, including but not limited to, design or development specifications, and related correspondence and memoranda;
and

 

		(u)	“Trade Secret” means any scientific or technical information, design, process,
procedure, formula, or improvement included in the Application that is valuable, not generally known in the industry, and gives
the owner of the Application a competitive advantage over those competitors who do not know or use such information;

 

		(v)	“Transaction” means the purchase and sale of the Application and all other transactions
contemplated by this Agreement, including the execution of the Note; and

 

		(w)	“Valuation” shall have the meaning ascribed in Section 2.1(c).

 

		1.2	Best Knowledge

 

Any reference herein to “the best
knowledge” of the Vendor will be deemed to mean the actual knowledge of the directors of the Vendor, together with the
knowledge which they would have had if they had conducted a diligent inquiry into the relevant subject matter.

 

		1.3	Currency

 

Unless otherwise indicated, all references
to dollar amounts in this Agreement are expressed in United States currency.

 

		1.4	Governing Law

 

This Agreement shall be exclusively governed
by and construed and interpreted in accordance with the laws of the State of Wyoming and the federal laws of the United States
applicable therein. The Parties hereby irrevocably attorn to the exclusive jurisdiction of the courts of Wyoming with respect to
any matter arising under or related to this Agreement.

 

		1.5	Interpretation Not Affected by Headings

 

The division of this Agreement into articles
and sections and the insertion of headings are for convenience of reference only and shall not affect the construction or interpretation
of this Agreement.

 

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		1.6	Number and Gender

 

In this Agreement, unless the context otherwise
requires, any reference to gender shall include both genders and words importing the singular number shall include the plural and
vice-versa.

 

		1.7	Time of Essence

 

Time shall be of the essence of every provision
of this Agreement.

 

		1.8	Severability

 

Each of the provisions contained in this
Agreement is distinct and severable and a declaration of invalidity or unenforceability of any such provision or part thereof by
a court of competent jurisdiction shall not affect the validity or enforceability of any other provision hereof.

 

		1.9	Calculation of Time Periods

 

Where a time period is expressed to begin
or end at, on or with a specified day, or to continue to or until a specified day, the time period includes that day. Where a time
period is expressed to begin after or to be from a specified day, the time period does not include that day. Where anything is
to be done within a time period expressed after, from or before a specified day, the time period does not include that day. If
the last day of a time period is not a Business Day, the time period shall end on the next Business Day.

 

		1.10	Statutory Instruments

 

Unless otherwise specifically provided
in this Agreement, any reference in this Agreement to any Law shall be construed as a reference to such Law as amended or re-enacted
from time to time or as a reference to any successor thereto.

 

Article 2–
PURCHASE AND SALE

 

		2.1	Purchase and Sale of Application

 

On the terms and subject to the fulfilment
of the conditions of this Agreement, the Vendor agrees to sell, assign and transfer to the Purchaser, and the Purchaser agrees
to purchase from the Vendor at the Closing Time on the Closing Date, the Application in consideration of the Purchaser:

 

		(a)	paying $10,000 to the Vendor upon execution of this Agreement;

 

		(b)	paying an additional $40,000 to the Vendor upon the Vendor’s delivery of a working prototype
of the Application to the Purchaser in a form acceptable to the Purchaser; and

 

		(c)	issuing a promissory note (the “Note”) to the Vendor for an amount equal to the estimation
of value of the Application and the Purchaser’s joint ownership interest in related data and databases based on an independent
business valuation completed by a valuator who is accredited by the American Society of Appraisers and acceptable to both parties
(the “Valuation”) less the $50,000 in cash payments made in accordance with Sections 2.1(a) and (b). Notwithstanding
the Valuation’s estimation of value of the Application, the amount of the Note shall not be less than $50,000 and shall not
exceed $250,000. The Note shall bear simple interest at a rate of 5% per annum and all principal and accrued interest shall be
payable in full and on demand provided that the Vendor’s demand shall not be made until a date that is at least three years
from the date of the Valuation.

 

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		2.2	Operational Data and Databases

 

All operational data and databases relating
to the Application shall be jointly owned by the Purchaser and Vendor. Notwithstanding this joint ownership of the data and databases,
the Vendor shall not be entitled to use the data for any purpose that competes directly or indirectly with the Purchaser’s
use and operation of the Application for ride-hailing and food delivery.

 

		2.3	Transfer Taxes

 

The Purchaser shall be liable for and shall
pay all federal and provincial sales taxes and all other taxes, duties, fees or other like charges of any jurisdiction properly
payable in connection with the transfer of the Application by the Vendor to the Purchaser.

 

Article 3–
REPRESENTATIONS AND WARRANTIES

 

		3.1	Representations and Warranties of the Vendor

 

The Vendor hereby makes the following representations
and warranties to the Purchaser and acknowledges that the Purchaser is relying on such representations and warranties in entering
into this Agreement and completing the Transaction:

 

(1)       Incorporation
and Existence of the Vendor. The Vendor is a corporation incorporated and existing under the laws of the state of Wyoming.

 

(2)       Corporate
Power. The Vendor has the corporate power and authority to own or lease its property and to carry on its business as now being
conducted by it.

 

(3)       Options.
Except for the Purchaser’s right in this Agreement, no person has any option, warrant, right, call, commitment, conversion
right, right of exchange or other agreement or any right or privilege (whether by law, pre-emptive or contractual) capable of becoming
an option, commitment, conversion right, right of exchange or other agreement for the purchase from the Vendor of the Application,
or any license or similar right with respect to the Application.

 

(4)       Intellectual
Property Rights. To the best knowledge of the Vendor, the Application does not in any respect infringe the right of any person
under or in respect of any patent, design, trade mark, trade name, copyright or other industrial or intellectual property.

 

(5)       Validity
of Agreement.

 

		(a)	The Vendor has all necessary corporate power to own the Application and to enter into and perform
its obligations under this Agreement, and the Vendor has all necessary corporate power to enter into and perform its obligations
under any other agreements or instruments to be delivered or given by it pursuant to this Agreement.

 

		(b)	The Vendor’s execution and delivery of, and performance of its obligations under, this Agreement
and the consummation of the Transaction have been duly authorized by all necessary corporate action on the part of the Vendor.

 

		(c)	This Agreement or any other agreements entered into pursuant to this Agreement to which the Vendor
is a party constitute legal, valid and binding obligations of the Vendor enforceable against it in accordance with their respective
terms, except as enforcement may be limited by bankruptcy, insolvency and other laws affecting the rights of creditors generally
and except that equitable remedies may be granted only in the discretion of a court of competent jurisdiction.

 

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(6)       No
Violation. The execution and delivery of this Agreement by the Vendor, the consummation of the Transaction and the fulfilment
by the Vendor of the terms, conditions and provisions hereof will not (with or without the giving of notice or lapse of time, or
both):

 

		(a)	contravene or violate or result in a material breach or a material default under or give rise to
a right of termination, amendment or cancellation or the acceleration of any obligations of the Vendor under:

 

		(i)	any applicable Law;

 

		(ii)	any judgment, order, writ, injunction or decree of any Regulatory Authority having jurisdiction
over the Vendor;

 

		(iii)	its Articles of Incorporation or any resolutions of the board of directors or shareholders of the
Vendor;

 

		(iv)	any Consent held by the Vendor or necessary to the ownership of the Application; or

 

		(v)	the provisions of any Contract to which the Vendor is a party or by which it is, or any of its
properties or assets are, bound; or

 

		(b)	result in the creation or imposition of any Encumbrance on any of the Application.

 

(7)       Regulatory
and Contractual Consents. To the knowledge of the Vendor, there is no requirement to make any filing with, give any notice
to or obtain any Consent from any Regulatory Authority as a condition to the lawful consummation of the Transaction. There is no
requirement under any Contract to which the Vendor is a party or by which the Vendor is bound to make any filing with, give any
notice to, or to obtain the Consent of, any party to such Contract relating to the Transaction.

 

(8)       Compliance
with Laws. The Vendor has complied, in all material respects, with all Laws applicable to the Application.

 

(9)       Full
Disclosure. No representation or warranty by the Vendor in this Agreement and no statement contained in any certificate or
other document furnished or to be furnished to the Purchaser pursuant to this Agreement contains any untrue statement of a material
fact, or omits to state a material fact necessary to make the statements contained therein, in light of the circumstances in which
they are made, not misleading.

 

		3.2	Representations and Warranties of the Purchaser

 

The Purchaser hereby makes the following
representations and warranties to the Vendor and acknowledges that the Vendor is relying on such representations and warranties
in entering into this Agreement and completing the Transaction:

 

(1)       Incorporation
and Existence. The Purchaser has been duly incorporated and organized and is a valid and subsisting company under the laws
of the State of Wyoming, and is duly qualified to carry on business in the State of Wyoming and in each other jurisdiction, if
any, wherein the carrying out of the activities contemplated makes such qualifications necessary.

 

(2)       Validity
of Agreement.

 

		(a)	The Purchaser has all necessary corporate power to own the Application. The Purchaser has all necessary
corporate power to enter into and perform its obligations under this Agreement and any other agreements or instruments to be delivered
or given by it pursuant to this Agreement.

 

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		(b)	The execution, delivery and performance by the Purchaser of this Agreement and the consummation
of the Transaction have been duly authorized by all necessary corporate action on the part of the Purchaser.

 

		(c)	This Agreement or any other agreements entered into pursuant to this Agreement to which the Purchaser
is a party constitute legal, valid and binding obligations of the Purchaser, enforceable against the Purchaser in accordance with
their respective terms, except as enforcement may be limited by bankruptcy, insolvency and other laws affecting the rights of creditors
generally and except that equitable remedies may be granted only in the discretion of a court of competent jurisdiction.

 

(3)       No
Violation. The execution and delivery of this Agreement by the Purchaser, the consummation of the Transaction and the fulfilment
by the Purchaser of the terms, conditions and provisions hereof will not (with or without the giving of notice or lapse of time,
or both):

 

		(a)	contravene or violate or result in a breach or a default under or give rise to a right of termination,
amendment or cancellation or the acceleration of any obligations of the Purchaser, under:

 

		(i)	any applicable Law;

 

		(ii)	any judgment, order, writ, injunction or decree of any Regulatory Authority having jurisdiction
over the Purchaser;

 

		(iii)	the Articles of Incorporation, or any resolutions of the board of directors or shareholders of
the Purchaser;

 

		(iv)	any Consent held by the Purchaser; or

 

		(v)	the provisions of any Contract to which the Purchaser is a party or by which it is, or any of its
properties or assets are, bound.

 

(4)       Brokers.
The Purchaser has not engaged any broker or other agent in connection with the Transaction and, accordingly, there is no commission,
fee or other remuneration payable to any broker or agent who purports or may purport to have acted for the Purchaser.

 

(5)       Consents.
There is no requirement for the Purchaser to make any filing with, give any notice to or obtain any Consent from any Regulatory
Authority as a condition to the lawful consummation of the Transaction.

 

		3.3	Survival of Covenants, Representations and Warranties of the Vendor

 

To the extent that they have not been fully
performed at or prior to the Closing Time, and unless otherwise provided, the covenants, representations and warranties of the
Vendor contained in this Agreement and any agreement, instrument, certificate or other document executed or delivered pursuant
to this Agreement shall survive the Closing and shall continue for the benefit of the Purchaser for a period of two years notwithstanding
such Closing, nor any investigation made by or on behalf of the Purchaser or any knowledge of the Purchaser, except that the representations
and warranties set out in Section 3.1(1) to and including 3.1(4) and the corresponding representations and warranties set out in
the certificates to be delivered pursuant to Section 6.1, shall survive the Closing and continue in full force and effect without
limitation of time.

 

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		3.4	Survival of Covenants, Representations and Warranties of the Purchaser

 

To the extent that they have not been fully
performed at or prior to the Closing Time, and unless otherwise provided, the covenants, representations and warranties of the
Purchaser contained in this Agreement and in any agreement, instrument, certificate or other document delivered pursuant to this
Agreement shall survive the Closing and shall continue for the benefit of the Vendor for a period of two years notwithstanding
such Closing, nor any investigation made by or on behalf of the Vendor or any knowledge of the Vendor, except that the representations
and warranties set out in Sections 3.2(1) and 3.2(4), and the corresponding representations and warranties set out in the certificates
to be delivered pursuant to Section 6.2, shall survive the Closing and shall continue in full force and effect without limitation
of time.

 

Article 4–
COVENANTS

 

		4.1	Maintenance of Corporate Status

 

Prior to Closing and
for a period of a least 36 months after the Closing Date, the Purchaser and Vendor shall each use their commercially reasonable
efforts to remain a corporation validly subsisting under the laws of its jurisdiction of existence, licensed, registered or qualified
as a foreign corporation in all jurisdictions where the character of its properties owned or leased or the nature of the activities
conducted by it make such licensing, registration or qualification necessary and shall carry on its business in the ordinary course
and in compliance in all material respects with all applicable laws, rules and regulations of each such jurisdiction.

 

		4.2	Due Diligence Review

 

The Vendor shall make
available to the Purchaser upon execution of this Agreement any and all files, documents, records or other information in its possession
relating to the Application that may be of use to the Purchaser in conducting a due diligence review. The Vendor shall also use
their best efforts to obtain for the Purchaser such additional other records or information as reasonably requested by the Purchaser
for purposes of assessing the Application.

 

Article 5–
Conditions

 

		5.1	Mutual Conditions Precedent

 

The respective obligations of the parties
hereto to consummate the transactions contemplated hereby are subject to the satisfaction, on or prior to the Closing Time, of
the Purchaser and the Vendor having entered into the Note.

 

		5.2	Conditions to the Obligations of the Purchaser

 

Notwithstanding anything herein contained,
the obligation of the Purchaser to complete the transactions provided for herein will be subject to the fulfillment of the following
conditions at or prior to the Closing Time:

 

		(a)	The representations and warranties of the Vendor contained in this Agreement shall be true and
accurate on the date hereof and at the Closing Time with the same force and effect as though such representations and warranties
had been made as of the Closing Time (regardless of the date as of which the information in this Agreement is given).

 

		(b)	The Vendor shall have complied with all covenants and agreements herein agreed to be performed
or caused to be performed by them at or prior to the Closing Time.

 

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		(c)	The Vendor shall have delivered to the Purchaser a certificate in a form satisfactory to the Purchaser
confirming that the facts with respect to each of the representations and warranties of the Vendor are as set out herein and remain
true at the Closing Time and that the Vendor has performed each of the covenants required to be performed by it hereunder.

 

		(d)	No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction
will have been made, and no action or proceeding will be pending or threatened which, in the opinion of counsel to the Purchaser,
is likely to result in an order, decision or ruling:

 

		(i)	to disallow, enjoin, prohibit or impose any limitations or conditions on the Transaction or the
transactions contemplated hereby; or

 

		(ii)	to impose any limitations or conditions which may have an adverse effect on the Application.

 

		(e)	All consents, approvals authorizations of any governmental or regulator authority or person whose
consent to the Transaction is required to be obtained in order to carry out the transactions contemplated hereby in compliance
with all laws and agreements binding upon the parties hereto will have been obtained.

 

The conditions contained in this Section
5.2 are inserted for the exclusive benefit of the Purchaser and may be waived in whole or in part by the Purchaser at any time.
The Vendor acknowledges that the waiver by the Purchaser of any condition or any part of any condition will constitute a waiver
only of such condition or such part of such condition, as the case may be, and will not constitute a waiver of any covenant, agreement,
representation or warranty made by the Vendor herein that corresponds or is related to such condition or such part of such condition,
as the case may be. If any of the conditions contained in this Section 5.2 are not fulfilled or complied with in all material respects
as herein provided, the Purchaser may, at or prior to the Closing Time at its option, rescind this Agreement by notice in writing
to the Vendor and in such event the Purchaser will be released from all obligations hereunder and, unless the condition or conditions
which have not been fulfilled are reasonably capable of being fulfilled or caused to be fulfilled by the Vendor, then the Vendor
will also be released from all obligations hereunder.

 

		5.3	Conditions to the Obligations of the Vendor

 

Notwithstanding anything herein contained,
the obligations of the Vendor to complete the transactions provided for herein will be subject to the fulfillment of the following
conditions at or prior to the Closing Time:

 

		(a)	The representations and warranties of the Purchaser contained in this Agreement or in any documents
delivered in order to carry out the transactions contemplated hereby will be true and accurate on the date hereof and at the Closing
Time with the same force and effect as though such representations and warranties had been made as of the Closing Time (regardless
of the date as of which the information in this Agreement is given).

 

		(b)	The Purchaser shall have complied with all covenants and agreements herein agreed to be performed
or caused to be performed by it at or prior to the Closing Time.

 

		(c)	The Purchaser shall have delivered to the Vendor a certificate confirming that the facts with respect
to each of the representations and warranties of the Purchaser are as set out herein at the Closing Time and that the Purchaser
has performed each of the covenants required to be performed by it hereunder.

 

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		(d)	The Purchaser obtaining the Valuation no later than December 31, 2020.

 

		(e)	There shall have been no material adverse change in the business of the Purchaser.

 

		(f)	No order, decision or ruling of any court, tribunal or regulatory authority having jurisdiction
will have been made, and no action or proceeding will be pending or threatened which, in the opinion of counsel to the Vendor,
is likely to result in an order, decision or ruling:

 

(i)       to
disallow, enjoin, prohibit or impose any limitations or conditions on the Transaction or the transactions contemplated hereby;
or

 

(ii)       to
impose any limitations or conditions which may have an adverse effect on the business of the Purchaser.

 

		(g)	All consents, approvals and authorizations of any governmental or regulatory authority or person
whose consent to the Transaction is required to be obtained in order to carry out the transactions contemplated hereby in compliance
with all laws and agreements binding upon the parties hereto will have been obtained.

 

The conditions contained in this Section
5.3 hereof are inserted for the exclusive benefit of the Vendor and may be waived in whole or in part by the Vendor at any time.
The Purchaser acknowledges that the waiver by the Vendor of any condition or any part of any condition will constitute a waiver
only of such condition or such part of such condition, as the case may be, and will not constitute a waiver of any covenant, agreement,
representation or warranty made by the Vendor herein that corresponds or is related to such condition or such part of such condition,
as the case may be. If any of the conditions contained in this Section 5.3 hereof are not fulfilled or complied with as herein
provided, the Vendor may, at or prior to the Closing Time at its option, rescind this Agreement by notice in writing to the Purchaser
and in such event the Vendor will be released from all obligations hereunder and, unless the condition or conditions which have
not been fulfilled are reasonably capable of being fulfilled or caused to be fulfilled by the Purchaser, then the Purchaser will
also be released from all obligations hereunder.

 

Article 6–CLOSING

 

		6.1	Vendor Deliveries

 

At the Closing Time, the Vendor shall deliver
to the Purchaser the following in form and substance satisfactory to the Purchaser:

 

		(a)	the certificate of the Vendor contemplated in Section 5.2;

 

		(b)	certified copy of the resolution of the directors and the shareholders of the Vendor authorizing
the execution and delivery of this Agreement and the performance by the Vendor of the terms of the Agreement; and

 

		(c)	all documentation and other evidence reasonably requested by the Purchaser in order to establish
the due authorization and consummation of the Transaction, including the taking of all corporate proceedings by the boards of directors
and shareholders of the Vendor required to effectively carry out the obligations of the Vendor pursuant to this Agreement.

 

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		6.2	Purchaser Deliveries

 

At the Closing Time, the Purchaser shall
deliver to the Vendor the following in form and substance satisfactory to the Vendor:

 

		(a)	the certificate of the Purchaser contemplated in Section 3.4;

 

		(b)	the Valuation;

 

		(c)	the Note, which shall be validly issued and executed by the Purchaser;

 

		(d)	a certified copy of the resolution of the directors of the Purchaser authorizing the execution
and delivery of this Agreement and the Note, and the performance by the Purchaser of the terms of the Agreement; and

 

		(e)	all documentation and other evidence reasonably requested by the Vendor in order to establish the
due authorization and consummation of the Transaction, including the taking of all corporate proceedings by the boards of directors
and shareholders of the Purchaser required to effectively carry out the obligations of the Purchaser pursuant to this Agreement.

 

		6.3	Post-Closing Obligation

 

Forthwith following the date (“Completion
Date”) that the Purchaser pays the entire Note and all Accrued Interest to the Vendor, the Vendor shall deliver an executed
bill of sale to the Purchaser dated as of the Completion Date relating to the Application purchase contemplated by this Agreement
pursuant to which the Vendor sells, assigns and transfer to the Purchaser a 100% undivided interest in the Application, free and
clear of all Encumbrances whatsoever.

 

		6.4	Place of Closing

 

The Closing shall take place at the Closing
Time at the offices of the Purchaser or at such other place as the Purchaser and the Vendor may agree upon in writing.

 

Article 7–
INDEMNIFICATION

 

		7.1	Purchaser Indemnity

 

The
Purchaser will indemnify, defend, and hold harmless the Vendor from, against, for, and in respect of any and all Losses asserted
against, relating to, imposed upon, or incurred by the Vendor by reason of, resulting from, based upon or arising out of (i) any
misrepresentation, misstatement or breach of warranty of the Purchaser contained in or made pursuant to this Agreement or any certificate
or other instrument delivered pursuant to this Agreement; or (ii) the breach or partial breach by the Purchaser of any covenant
or agreement of the Purchaser made in or pursuant to this Agreement or any certificate or other instrument delivered pursuant to
this Agreement.

 

		7.2	Vendor Indemnity

 

The Vendor will indemnify, defend, and
hold harmless the Purchaser from, against, for, and in respect of any and all Losses asserted against, relating to, imposed upon,
or incurred by the Purchaser by reason of, resulting from, based upon or arising out of (i) any misrepresentation, misstatement
or breach of warranty of Vendor contained in or made pursuant to this Agreement or any certificate or other instrument delivered
pursuant to this Agreement; or (ii) the breach or partial breach by the Vendor of any covenant or agreement of the Vendor made
in or pursuant to this Agreement or any certificate or other instrument delivered pursuant to this Agreement.

 

    11

     

    

 

Article 8-
ARBITRATION

 

		8.1	Reasonable Commercial Efforts to Settle Disputes

 

If any controversy, dispute, claim, question
or difference (a “Dispute”) arises with respect to this Agreement or its performance, enforcement, breach, termination
or validity, the Parties to the Dispute will use all commercially reasonable efforts to settle the Dispute. To this end, they will
consult and negotiate with each other in good faith and understanding of their mutual interests to reach a just and equitable solution
satisfactory to all such Parties.

 

		8.2	Arbitration

 

Except as is expressly provided in this
Agreement, if the Parties do not reach a solution pursuant to Section 8.1 within a period of 15 Business Days following the
first notice of the Dispute by any Party to the other party(ies) to the Dispute, then upon written notice by any Party to the other
party(ies) to the Dispute, the Dispute will be submitted to binding arbitration in accordance with the provisions of the American
Arbitration Association in accordance with its then-current rules. The arbitration demand and counterclaim(s) must contain a clear
and concise statement of the Dispute. The respondent’s answer and any counterclaims must be filed within 20 calendar days
of service of the demand. In connection with any arbitration proceeding, each party must submit any dispute or claim which would
constitute a compulsory counterclaim (as defined by Rule 13 of the Federal Rules of Civil Procedure) in the arbitration. Any such
claim which is not submitted or filed as described hereinabove will be forever barred and must be considered waived. Judgment on
the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

 

Article 9–
GENERAL

 

		9.1	Confidentiality

 

The Purchaser covenants and agrees that,
except as otherwise authorized by the Vendor and until the Closing, neither the Purchaser nor its representatives, agents or employees
will disclose to third parties, directly or indirectly, any confidential information or confidential data relating to the Vendor
or the Business discovered or received by the Purchaser or its representatives, agents or employees as a result of the Vendor making
available to the Purchaser and its representatives, agents or employees the information requested by them in connection with the
Transaction.

 

		9.2	Notices

 

(1)       Any
notice or other communication required or permitted to be given hereunder shall be in writing and shall be delivered in person,
transmitted by facsimile or similar means of recorded electronic communication or sent by registered mail, charges prepaid, addressed
as follows:

 

		(a)	if to the Vendor:

 

Limitless Projects Inc. 

420 North Nellis A3-146, Las Vegas, Nevada, 89110 

Email: info@limitlessprojectsinc.com

 

		(b)	if to the Purchaser:

 

WarpSpeed Taxi Inc. 

9436 W. Lake Mead Blvd, Las Vegas, NV 89134

Email: info@cyberappsworld.com

 

    12

     

    

 

(2)       Any
such notice or other communication shall be deemed to have been given and received on the day on which it was delivered or transmitted
(or, if such day is not a Business Day, on the next following Business Day) or, if mailed, on the third Business Day following
the date of mailing; provided, however, that if at the time of mailing or within three Business Days thereafter there is or occurs
a labor dispute or other event that might reasonably be expected to disrupt the delivery of documents by mail, any notice or other
communication hereunder shall be delivered or transmitted by means of recorded electronic communication as described.

 

(3)       Any
Party may at any time change its address for service from time to time by giving notice to the other Parties in accordance with
this Section 9.3.

 

		9.3	Public Announcements and Disclosure

 

The Parties shall consult with each other
before issuing any press release or making any other public announcement with respect to this Agreement or the Transaction and,
except as required by any applicable Law or stock exchange having jurisdiction, no Party shall issue any such press release or
make any such public announcement without the prior written consent of the others, which consent shall not be unreasonably withheld
or delayed. Prior to any such press release or public announcement, none of the Parties shall disclose this Agreement or any aspect
of the Transaction except to its board of directors, its senior management, its legal, accounting, financial or other professional
advisors, any financial institution contacted by it with respect to any financing required in connection with the Transaction and
counsel to such institution, or as may be required by any applicable Law or stock exchange having jurisdiction.

 

		9.4	Assignment

 

The rights of the Purchaser hereunder are
not assignable without the written consent of the Vendor. The rights of the Vendor hereunder are not assignable without the written
consent of the Purchaser.

 

		9.5	Commercially Reasonable Efforts

 

The Parties acknowledge and agree that,
for all purposes of this Agreement, an obligation on the part of any Party to use its “commercially reasonable efforts”
to obtain any waiver, Consent or other document shall not require such Party to make any payment to any person for the purpose
of procuring the same, other than payments for amounts due and payable to such person, payments for incidental expenses incurred
by such person and payments required by any applicable law or regulation.

 

		9.6	Expenses

 

Unless otherwise provided, each of the
Vendor and the Purchaser shall be responsible for the expenses (including fees and expenses of legal advisers, accountants and
other professional advisers) incurred by them, respectively, in connection with the negotiation and settlement of this Agreement
and the completion of the Transaction. In the event of termination of this Agreement, the obligation of each Party to pay its own
expenses will be subject to any rights of such Party arising from a breach of this Agreement by another Party. The Purchaser shall
be exclusively responsible for the cost of the Valuation.

 

		9.7	Further Assurances

 

Each of the Parties shall promptly do,
make, execute, deliver, or cause to be done, made, executed or delivered, all such further acts, documents and things as the other
Parties may reasonably require from time to time after Closing at the expense of the requesting Party for the purpose of giving
effect to this Agreement and shall use reasonable efforts and take all such steps as may be reasonably within its power to implement
to their full extent the provisions of this Agreement.

 

    13

     

    

 

		9.8	Entire Agreement

 

This Agreement constitutes the entire agreement
between the Parties with respect to the subject matter and supersedes all prior agreements, understandings, negotiations and discussions,
whether written or oral. There are no conditions, covenants, agreements, representations, warranties or other provisions, express
or implied, collateral, statutory or otherwise, relating to the subject matter except provided in this Agreement. No reliance is
placed by any Party on any warranty, representation, opinion, advice or assertion of fact made by any Party or its directors, officers,
employees or agents, to any other Party or its directors, officers, employees or agents, except to the extent that it has been
reduced to writing and included in this Agreement.

 

		9.9	Waiver, Amendment

 

Except as expressly provided in this Agreement,
no amendment or waiver of this Agreement shall be binding unless executed in writing by the Party to be bound. No waiver of any
provision of this Agreement shall constitute a waiver of any other provision, nor shall any waiver of any provision of this Agreement
constitute a continuing waiver unless otherwise expressly provided.

 

		9.10	Rights Cumulative

 

The rights and remedies of the Parties
are cumulative and not alternative.

 

		9.11	Counterparts

 

This Agreement may be executed in any number
of counterparts, and/or by facsimile or e-mail transmission of Adobe Acrobat files, each of which shall constitute an original
and all of which, taken together, shall constitute one and the same instrument. Any Party executing this Agreement by fax or Adobe
Acrobat file shall, immediately following a request by any other Party, provide an originally executed counterpart of this Agreement
provided, however, that any failure to so provide shall not constitute a breach of this Agreement.

 

IN WITNESS WHEREOF this Agreement has been
executed by the Parties.

 

WARPSPEED TAXI INC.

 

Per:/s/ Kateryna Malenko

 

Authorized Signatory

 

LIMITLESS PROJECTS INC.

 

Per: /s/ Salim Rana

 

Authorized Signatory

 

    14<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT 4.1</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">SALE AND
SERVICING AGREEMENT</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">among</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">WORLD
OMNI AUTO RECEIVABLES TRUST 2021&#45;A<BR>
Issuing Entity,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">WORLD
OMNI AUTO RECEIVABLES LLC,<BR>
Depositor,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">WORLD
OMNI FINANCIAL CORP.,<BR>
Servicer</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">Series
2021&#45;A</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">Dated
as of February 10, 2021</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 91%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center"><B>TABLE OF CONTENTS</B></TD>
    <TD STYLE="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><U>Page</U></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE I DEFINITIONS</TD>
    <TD STYLE="width: 10%; text-align: center; padding-top: 12pt; padding-bottom: 0pt">4</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 1.01&nbsp;&nbsp;&nbsp;Definitions</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">4</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE II CONVEYANCE OF RECEIVABLES</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">4</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 2.01&nbsp;&nbsp;&nbsp;Conveyance of Receivables</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">4</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 2.02&nbsp;&nbsp;&nbsp;Intention of Parties</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">5</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE III THE RECEIVABLES</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.01&nbsp;&nbsp;&nbsp;Representations and Warranties of World Omni with Respect to each Receivable and the Pool of Receivables</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.02&nbsp;&nbsp;&nbsp;Repurchase upon Breach; Dispute Resolution</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">9</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.03&nbsp;&nbsp;&nbsp;Custody of Receivable Files</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">13</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.04&nbsp;&nbsp;&nbsp;Duties of Servicer as Custodian</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">14</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.05&nbsp;&nbsp;&nbsp;Instructions; Authority To Act</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.06&nbsp;&nbsp;&nbsp;Custodian&#8217;s Indemnification</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 3.07&nbsp;&nbsp;&nbsp;Effective Period and Termination</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">15</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE IV ADMINISTRATION AND SERVICING OF RECEIVABLES</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">16</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.01&nbsp;&nbsp;&nbsp;Duties of Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">16</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.02&nbsp;&nbsp;&nbsp;Collection and Allocation of Receivable Payments</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">16</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.03&nbsp;&nbsp;&nbsp;Realization upon Receivables</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">17</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.04&nbsp;&nbsp;&nbsp;Physical Damage Insurance</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">17</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.05&nbsp;&nbsp;&nbsp;Maintenance of Security Interests in Financed Vehicles</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">17</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.06&nbsp;&nbsp;&nbsp;Covenants of Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">17</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.07&nbsp;&nbsp;&nbsp;Purchase of Receivables Upon Breach or Extension Beyond Final Scheduled Payment Date</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">18</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.08&nbsp;&nbsp;&nbsp;Servicing Fee</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">18</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.09&nbsp;&nbsp;&nbsp;Servicer&#8217;s Certificate</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">18</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.10&nbsp;&nbsp;&nbsp;Annual Statement as to Compliance; Item 1122 Servicing Criteria Assessment; Notice of Default</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">19</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.11&nbsp;&nbsp;&nbsp;Annual Independent Certified Public Accountants&#8217; Report</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">19</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.12&nbsp;&nbsp;&nbsp;Access to Certain Documentation and Information Regarding Receivables</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.13&nbsp;&nbsp;&nbsp;Servicer Expenses</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.14&nbsp;&nbsp;&nbsp;Appointment of Subservicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.15&nbsp;&nbsp;&nbsp;Communications Between Noteholders</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 4.16&nbsp;&nbsp;&nbsp;Exchange Act Certifications</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">20</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE V TRUST ACCOUNTS; DISTRIBUTIONS; STATEMENTS TO CERTIFICATEHOLDERS AND NOTEHOLDERS</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.01&nbsp;&nbsp;&nbsp;Establishment of Trust Accounts</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">21</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.02&nbsp;&nbsp;&nbsp;Collections</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.03&nbsp;&nbsp;&nbsp;Application of Collections</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
</TABLE>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 90%; text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.04&nbsp;&nbsp;&nbsp;[Reserved]</TD>
    <TD STYLE="width: 10%; text-align: center; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.05&nbsp;&nbsp;&nbsp;Additional Deposits</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.06&nbsp;&nbsp;&nbsp;Distributions</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">25</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.07&nbsp;&nbsp;&nbsp;Reserve Account</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.08&nbsp;&nbsp;&nbsp;Statements to Noteholders and Certificateholders</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">27</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.09&nbsp;&nbsp;&nbsp;Net Deposits</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 5.10&nbsp;&nbsp;&nbsp;Transfer of Certificates</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE VI THE DEPOSITOR</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.01&nbsp;&nbsp;&nbsp;Representations of Depositor</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">29</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.02&nbsp;&nbsp;&nbsp;Limited Liability Company Existence</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">31</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.03&nbsp;&nbsp;&nbsp;Liability of Depositor; Indemnities</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.04&nbsp;&nbsp;&nbsp;Merger or Consolidation of, or Assumption of Obligations of Depositor</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">33</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.05&nbsp;&nbsp;&nbsp;Limitation on Liability of Depositor and Others</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">33</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.06&nbsp;&nbsp;&nbsp;Depositor May Own Notes</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">34</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 6.07&nbsp;&nbsp;&nbsp;Security Interest</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">34</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE VII THE SERVICER</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">34</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 7.01&nbsp;&nbsp;&nbsp;Representations of Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">34</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 7.02&nbsp;&nbsp;&nbsp;Indemnities of Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">35</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 7.03&nbsp;&nbsp;&nbsp;Merger or Consolidation of, or Assumption of Obligations of, Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">36</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 7.04&nbsp;&nbsp;&nbsp;Limitation on Liability of Servicer and Others</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">37</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 7.05&nbsp;&nbsp;&nbsp;World Omni Not To Resign as Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">37</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE VIII DEFAULT</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">37</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 8.01&nbsp;&nbsp;&nbsp;Servicer Default</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">37</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 8.02&nbsp;&nbsp;&nbsp;Appointment of Successor</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">39</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 8.03&nbsp;&nbsp;&nbsp;Notification to Noteholders and Certificateholders</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">39</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 8.04&nbsp;&nbsp;&nbsp;Waiver of Past Defaults</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">40</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 8.05&nbsp;&nbsp;&nbsp;Payment of Servicing Fees</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">40</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE IX TERMINATION</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">40</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 9.01&nbsp;&nbsp;&nbsp;Optional Purchase of All Receivables</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">40</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: bold 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 12pt; padding-bottom: 0pt; padding-left: 0.5in">ARTICLE X MISCELLANEOUS</TD>
    <TD STYLE="text-align: center; padding-top: 12pt; padding-bottom: 0pt">41</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.01&nbsp;&nbsp;&nbsp;Amendment</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">41</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.02&nbsp;&nbsp;&nbsp;Protection of Title to Trust</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">42</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.03&nbsp;&nbsp;&nbsp;Notices</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">44</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.04&nbsp;&nbsp;&nbsp;Assignment by the Depositor or the Servicer</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">44</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.05&nbsp;&nbsp;&nbsp;Limitations on Rights of Others</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">44</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.06&nbsp;&nbsp;&nbsp;Severability</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">44</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.07&nbsp;&nbsp;&nbsp;Separate Counterparts; Electronic Signatures</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">45</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.08&nbsp;&nbsp;&nbsp;Headings</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">45</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.09&nbsp;&nbsp;&nbsp;Governing Law</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">45</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.10&nbsp;&nbsp;&nbsp;Assignment by Issuing Entity</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">45</TD></TR>
</TABLE>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 90%; text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.11&nbsp;&nbsp;&nbsp;Nonpetition Covenants</TD>
    <TD STYLE="width: 10%; text-align: center; padding-top: 0in; padding-bottom: 0pt">45</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.12&nbsp;&nbsp;&nbsp;Limitation of Liability of Owner Trustee and Indenture Trustee</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">46</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.13&nbsp;&nbsp;&nbsp;Regulation AB</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">46</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1.5in; padding-top: 0in; padding-bottom: 0pt; padding-left: 2in">Section 10.14&nbsp;&nbsp;&nbsp;Notices to the Rating Agencies</TD>
    <TD STYLE="text-align: center; padding-top: 0in; padding-bottom: 0pt">46</TD></TR>
</TABLE>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 22%">SCHEDULE A</TD>
    <TD STYLE="width: 78%">Schedule of Receivables</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>SCHEDULE B</TD>
    <TD>Location of Receivable Files</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>EXHIBIT A</TD>
    <TD>Form of Distribution Statement to Noteholders</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>EXHIBIT B</TD>
    <TD>Form of Servicer&#8217;s Certificate</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>EXHIBIT C</TD>
    <TD>Form of SSA Assignment</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>APPENDIX A</TD>
    <TD>Definitions and Rules of Construction</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>APPENDIX B</TD>
    <TD>Additional Representations and Warranties</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SALE AND SERVICING AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This SALE AND SERVICING
AGREEMENT is dated as of February 10, 2021, among WORLD OMNI AUTO RECEIVABLES TRUST 2021&#45;A, a Delaware statutory trust (the
 &#8220;<U>Issuing Entity</U>&#8221;), WORLD OMNI AUTO RECEIVABLES LLC, a Delaware limited liability company (the &#8220;<U>Depositor</U>&#8221;),
as depositor, and WORLD OMNI FINANCIAL CORP., a Florida corporation (&#8220;<U>World Omni</U>&#8221; or the &#8220;<U>Servicer</U>&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, World Omni has
sold the Receivables to the Depositor pursuant to the Receivables Purchase Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, World Omni Auto
Receivables LLC, as depositor, desires to sell the Receivables to the Issuing Entity and the Issuing Entity desires to purchase
such receivables; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, the Servicer
is willing to service, to make representations and warranties and to make certain repurchase representations with respect to such
Receivables;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">NOW, THEREFORE, in consideration
of the premises and the mutual covenants herein contained, the parties hereto agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>ARTICLE I</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>DEFINITIONS</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 1.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Definitions</U>.
Certain capitalized terms used in the above recitals and in this Agreement are defined in and shall have the respective meanings
assigned them in <U>Part I</U> of <U>Appendix A</U> to this Agreement. All references herein to &#8220;<U>the Agreement</U>&#8221;
or &#8220;<U>this Agreement</U>&#8221; are to this Sale and Servicing Agreement as it may be amended, supplemented or modified
from time to time, the exhibits hereto and the capitalized terms used herein which are defined in such <U>Appendix A</U>, and
all references herein to Articles, Sections and subsections are to Articles, Sections or subsections of this Agreement unless
otherwise specified. The rules of construction set forth in <U>Part II</U> of such <U>Appendix A</U> shall be applicable to this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>ARTICLE II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>CONVEYANCE OF RECEIVABLES</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 2.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Conveyance
of Receivables</U>. In consideration of the Issuing Entity&#8217;s delivery to or upon the order of the Depositor of the Notes
and the Certificates, on the Closing Date the Depositor does hereby sell, transfer, assign, set over and otherwise convey to the
Issuing Entity, without recourse (subject to the obligations of the Depositor set forth herein), pursuant to an assignment in
the form attached hereto as <U>Exhibit C</U> (the &#8220;<U>SSA Assignment</U>&#8221;) all right, title and interest of the Depositor,
whether now or hereafter acquired, and wherever located, in and to the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT>the Receivables identified in the Schedule of Receivables to the SSA Assignment delivered to the Issuing Entity (all of
which are identified in World Omni&#8217;s computer files by a code indicating the Receivables are owned by the Trust and pledged
to the Indenture Trustee) and all monies received thereon and in respect thereof after the Cutoff Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT>the
security interests in, and the liens on, the Financed Vehicles granted by Obligors in connection with the Receivables and any
other interest of the Depositor in such Financed Vehicles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT>any
proceeds with respect to the Receivables from claims on any physical damage, credit life or disability insurance policies covering
such Financed Vehicles or Obligors;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT>any
Financed Vehicle that shall have secured a Receivable and shall have been acquired by or on behalf of the Depositor, the Servicer
or the Trust;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT>all
funds on deposit in, and &#8220;financial assets&#8221; (as such term is defined in the Uniform Commercial Code as from time to
time in effect) credited to, the Trust Accounts, including the Reserve Account, from time to time, including the Reserve Account
Initial Deposit, and in all investments and proceeds thereof (including all income thereon);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Receivables Purchase Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;</FONT>all
 &#8220;accounts,&#8221; &#8220;chattel paper,&#8221; &#8220;general intangibles&#8221; and &#8220;promissory notes&#8221; (as
such terms are defined in the Uniform Commercial Code as from time to time in effect) constituting or relating to the foregoing;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT>the
proceeds of any and all of the foregoing; <U>provided</U>, <U>however</U>, that the foregoing <U>items (a)</U> through <U>(h)
</U>shall not include the Notes and Certificates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 2.02<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Intention of Parties</U>. It is the intention of the Depositor and the Issuing Entity that the assignment and transfer
contemplated herein constitute (and shall be construed and treated for all purposes, other than for tax purposes, as) a true and
complete sale of the Receivables and the other property of the Depositor specified in <U>Section 2.01</U> hereof, conveying good
title thereto free and clear of any liens and encumbrances, from the Depositor to the Issuing Entity. However, in the event that
such conveyance is deemed to be a pledge to secure a loan (in spite of the express intent of the parties hereto that this conveyance
constitutes, and shall be construed and treated for all purposes, other than for tax purposes, as a true and complete sale), the
Depositor hereby grants to the Issuing Entity, for the benefit of the Noteholders, a first priority perfected security interest
in all of the Depositor&#8217;s right, title and interest in, to and under the Receivables and the other property of the Depositor
specified in <U>Section 2.01</U> hereof whether now existing or hereafter created and all proceeds of the foregoing to secure the
loan deemed to be made in connection with such pledge and, in such event, this Agreement shall constitute a security agreement
under applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE III</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">THE RECEIVABLES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Representations and Warranties of World Omni with Respect to each Receivable and the Pool of Receivables</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT><U>Representations
and Warranties With Respect to each Receivable</U>. On the Closing Date, World Omni, which sold the Receivables specified in the
SSA Assignment on such date, hereby represents and warrants to the other parties hereto, with respect to such Receivables as of
the Cutoff Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Characteristics of Receivables</U>. Each Receivable (1) (A) was originated in the United States of America by a Dealer
for the retail sale of a Financed Vehicle in the ordinary course of such Dealer&#8217;s business, was fully and properly executed
or electronically authenticated by the parties thereto, and was purchased by World Omni from such Dealer under an existing dealer
agreement, (B) was originated by World Omni, or (C) was originated by an independent third party and acquired by World Omni, (2)
contains customary and enforceable provisions such that the rights and remedies of the holder thereof are adequate for realization
against the collateral of the benefits of the security, and (3) provides for level monthly payments after the Cutoff Date (<U>provided</U>,
that the payment in the first or last month in the life of the Receivable may vary from the level monthly payments) that fully
amortize the Amount Financed by maturity and yield interest at the Annual Percentage Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Compliance
with Law</U>. To the best of World Omni&#8217;s knowledge, each Receivable and the sale of the Financed Vehicle complied at the
time it was originated or made and, at the execution of this Agreement, complies in all material respects with all requirements
of applicable federal, state and local laws and regulations thereunder, including usury laws, the federal Truth-in-Lending Act,
the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Federal Trade Commission
Act, the Gramm Leach Bliley Act, the Magnuson-Moss Warranty Act, the Consumer Financial Protection Bureau&#8217;s Regulations
B and Z, and State adaptations of the National Consumer Act and of the Uniform Consumer Credit Code, and other consumer credit
laws and equal credit opportunity and disclosure laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Binding Obligation</U>. Each Receivable represents the genuine, legal, valid and binding payment obligation in writing
of the Obligor, enforceable by the holder thereof in accordance with its terms, except as such enforceability may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws, now or hereafter in effect, affecting the
enforcement of creditors&#8217; rights in general, and except as such enforceability may be limited by general principles of equity
(whether considered in a suit at law or in equity).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Government Obligor</U>. No Receivable is due from the United States of America or any State or from any agency, department or
instrumentality of the United States of America or any State.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Security Interest in Financed Vehicle</U>. Immediately prior to the sale, assignment and transfer thereof, each Receivable
shall be secured by a validly perfected first priority security interest in the related Financed Vehicle in favor of World Omni
as secured party or all necessary and appropriate actions have been commenced that would result in the valid perfection of a first
priority security interest in the Financed Vehicle in favor of the Depositor as secured party and is assignable by World Omni
to the Depositor, by the Depositor to the Issuing Entity and by the Issuing Entity to the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(vi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Receivables
in Force</U>. No Receivable has been satisfied, subordinated or rescinded, nor has any Financed Vehicle been released from the
Lien granted by the related Receivable in whole or in part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(vii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Amendments</U>. The Servicer&#8217;s computer system does not reflect that any Receivable has been amended such that the amount
of the Obligor&#8217;s scheduled payments has been increased.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(viii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No Waiver</U>. No provision of a Receivable has been waived, other than a discretionary waiver of a late payment charge
or any other fees that may be collected in the ordinary course of servicing a Receivable or in connection with any extension which
is reflected in the Servicer&#8217;s computer system.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ix)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Defenses</U>. The Servicer&#8217;s computer system does not reflect that any right of rescission, setoff, counterclaim or defense
has been asserted or threatened with respect to any Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(x)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Liens</U>. The Servicer&#8217;s computer system does not reflect that any liens or claims have been filed for work, labor or materials
relating to a Financed Vehicle that are liens prior or equal to the security interest in the Financed Vehicle granted by any Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Default</U>. No Receivable has a Scheduled Payment for which more than $40 is more than 30 days past due as of the Cutoff Date,
and, except as permitted in this paragraph, the Servicer&#8217;s computer system does not reflect that any default, breach, violation
or event permitting acceleration under the terms of any Receivable has occurred and is continuing nor that a continuing condition
that with notice or the lapse of time would constitute a default, breach, violation or event permitting acceleration under the
terms of any Receivable has arisen; and World Omni has not waived and, except as permitted hereby, shall not waive any of the
foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Insurance</U>.
Under the terms of each Receivable, the related Obligor is required to maintain physical damage insurance covering the Financed
Vehicle and to have World Omni named as the loss payee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xiii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Title</U>.
No Receivable has been sold, transferred, assigned or pledged (x) by World Omni to any Person other than the Depositor or (y)
by the Depositor to any Person other than the Issuing Entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xiv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Lawful Assignment</U>. No Receivable has been originated in, or is subject to the laws of, any jurisdiction under which
the sale, transfer and assignment of such Receivable under this Agreement or the Indenture is unlawful, void or voidable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>One
Authoritative Copy or Original</U>. There is only one &#8220;authoritative copy&#8221; of any Receivable constituting &#8220;electronic
chattel paper&#8221; as defined in the UCC. There is only one executed original of any Receivable constituting &#8220;tangible
chattel paper&#8221; as defined in the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xvi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maturity
of Receivables</U>. Each Receivable has a scheduled maturity date not later than January 28, 2027.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xvii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
 &nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Scheduled Payments</U>. As of the Cutoff Date, each Receivable <FONT STYLE="text-underline-style: double; color: Black">had</FONT>
a first scheduled due date on or prior to the end of the third month immediately following the Cutoff Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xviii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Outstanding
Principal Balance</U>. Each Receivable has an outstanding principal balance of at least $500.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xix)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Bankruptcies</U>. No Obligor on any Receivable was noted in the Servicer&#8217;s computer system as having filed for
bankruptcy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xx)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Repossessions</U>. No Receivable was secured by a Financed Vehicle that had been repossessed without reinstatement of the related
contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xxi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Chattel
Paper</U>. Each Receivable constitutes &#8220;electronic chattel paper&#8221; or &#8220;tangible chattel paper&#8221; as defined
in the UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(xxii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Prepayment</U>.
Each Receivable provides that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through
the date of prepayment based on such Receivable&#8217;s Annual Percentage Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT><U>Representations and Warranties With Respect to the Pool of Receivables</U>. On the Closing Date, World Omni, which sold
the Receivables specified in the SSA Assignment on such date, hereby makes the representations and warranties set forth in <U>Appendix
B</U> hereto, and hereby represents and warrants to the other parties hereto, with respect to such pool of Receivables as of the
Cutoff Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Schedule
of Receivables</U>. The information set forth in the Schedule of Receivables is true and correct in all material respects as of
the close of business on the Cutoff Date, and no selection procedures believed by World Omni to be adverse to the Noteholders
were utilized in selecting the Receivables. The computer tape or other listing regarding the Receivables made available to the
Issuing Entity and its assigns (which computer tape or other listing is required to be delivered as specified herein) is true
and correct in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Title</U>.
Immediately prior to the transfer and assignment contemplated in the Receivables Purchase Agreement, World Omni had good and
marketable title to the Receivables free and clear of all Liens, encumbrances, security interests and rights of others and,
immediately upon the transfer thereof, the Depositor shall have good and marketable title to the Receivables, free and clear
of all Liens, encumbrances, security interests and rights of others; and the transfer has been perfected under the UCC (to
the extent a security interest in such property may be perfected by filing under the applicable UCC) except, in each case,
for liens and encumbrances that will be released concurrent with the transfer of Receivables pursuant to the Receivables
Purchase Agreement. Immediately prior to the transfer and assignment herein contemplated, the Depositor had good and
marketable title to the property conveyed to the Issuing Entity pursuant to <U>Section 2.01</U> or <U>2.02</U> of this
Agreement, as applicable, free and clear of all Liens, encumbrances, security interests and rights of others and, immediately
upon the transfer thereof, the Issuing Entity shall have good and marketable title to the Receivables, free and clear of all
Liens, encumbrances, security interests and rights of others; and the transfer has been perfected under the UCC (to the
extent a security interest in such property may be perfected by filing under the applicable UCC).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>All Filings Made</U>. All filings (including UCC filings) necessary in any jurisdiction to give the Issuing Entity a
first perfected ownership interest in the Receivables, and to give the Indenture Trustee a first perfected security interest therein,
shall have been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Location
of Receivable Files</U>. The Receivable Files are, and will be, kept at the locations listed in <U>Schedule B</U> or at such other
office or location as shall be specified to the Issuing Entity and the Indenture Trustee by written notice prior to any change
in location together with the Opinion of Counsel required by <U>Section 10.02(j)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Computer
Records</U>. World Omni and the Depositor will cause their accounting and computer records to be marked to indicate the sale and
assignment of the Receivables from World Omni to the Depositor and from the Depositor to the Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(vi)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Computer
Code</U>. Each of the Receivables is identified on World Omni&#8217;s computer files by a code indicating the Receivables are
owned by the Trust and pledged to the Indenture Trustee. The Receivables are the only Contracts listed on the Schedule of Receivables,
are the only Contracts identified on World Omni&#8217;s computer files by such code, and are not identified on World Omni&#8217;s
computer files by any other code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.02<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Repurchase upon Breach; Dispute Resolution</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT><U>Investigation of Breach</U>. If World Omni (i) has knowledge of a breach of a representation or warranty made in <U>Section
3.01(a)</U>, (ii) receives notice from the Depositor, the Issuing Entity, the Owner Trustee or the Indenture Trustee of a breach
of a representation or warranty made in <U>Section 3.01(a)</U>, (iii) receives a Repurchase Request from the Owner Trustee or
the Indenture Trustee for a Receivable or (iv) receives a Review Report that indicates a Test Fail for a Receivable, then, in
each case, World Omni will investigate the Receivable to confirm the breach and determine if the breach has a material adverse
effect on the Receivable. None of the Servicer, the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Asset Representations
Reviewer or the Administrator will have an obligation to investigate whether a breach of any representation or warranty has occurred
or whether any Receivable is required to be repurchased under <U>Section 3.02<FONT STYLE="text-underline-style: double; color: Black">(b)</FONT></U>.
The Depositor, the Servicer or the Trust, as the case may be, shall inform the other parties to this Agreement and the Indenture
Trustee promptly, in writing, upon the discovery of any breach of World Omni&#8217;s representations and warranties made pursuant
to <U>Section 3.01(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT><U>Repurchase</U>. Unless any such breach shall have been cured by the last day of the second Collection Period following
the discovery thereof or receipt of notice thereof by World Omni as described in <U>Section 3.02(a)</U>, World Omni shall be obligated
to repurchase any Receivable materially and adversely affected by any such breach as of such last day (or, at World Omni&#8217;s
option, the last day of the first Collection Period following the discovery) and World Omni shall deliver a revised Schedule of
Receivables to the Depositor and the Trust which shall reflect the repurchase of such Receivables. In consideration of the repurchase
of any such Receivable, World Omni shall remit the Purchase Amount, in the manner specified in <U>Section 5.05</U>. Upon such repurchase,
the Issuing Entity will, without further action, be deemed to have sold and assigned to World Omni all of the Issuing Entity&#8217;s
right, title and interest in the Receivable repurchased by World Omni under this <U>Section 3.02(b)</U> and all security and documents
relating to the Receivable. The sale will not require any action by the Issuing Entity and will be without recourse, representation
or warranty by the Issuing Entity except the representation that the Issuing Entity owns the Receivable free and clear of any Lien,
other than a Lien pursuant to the Basic Documents. On the sale, the Servicer will mark its receivables systems to indicate that
the receivable is no longer a Receivable and may take any action necessary or advisable to evidence the sale of the receivable,
free from any Lien of the Issuing Entity or the Indenture Trustee. Subject to the provisions of <U>Section 6.03</U>, the sole remedy
of the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Noteholders or the Certificateholders with respect to a breach
of representations and warranties pursuant to <U>Section 3.01(a)</U> and the agreement contained in this section shall be to require
World Omni to repurchase Receivables pursuant to this section, subject to the conditions contained herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT><U>Dispute Resolution</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(i)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U>Referral
to Dispute Resolution</U>. If the Issuing Entity, the Owner Trustee, the Indenture Trustee, a Noteholder or a Note Owner (the
 &#8220;<U>Requesting Party</U>&#8221;) requests that World Omni repurchase a Receivable due to an alleged breach of a
representation and warranty in <U>Section 3.01(a)</U> (which repurchase request shall provide sufficient detail so as to
allow World Omni to reasonably investigate the alleged breach of the representations and warranties in <U>Section
3.01(a)</U>; <U>provided</U> that with respect to a repurchase request from a Noteholder or a Note Owner, such repurchase
request shall initially be provided to the Indenture Trustee) (each, a &#8220;<U>Repurchase Request</U>&#8221;), and the
Repurchase Request has not been resolved, the alleged breach has not otherwise been cured or the related Receivable has not
otherwise been repurchased, paid-off or otherwise satisfied, within 180 days of the receipt of notice of the Repurchase
Request by World Omni, the Requesting Party may refer the matter, in its discretion, to either mediation (including
non-binding arbitration) or binding third-party arbitration by filing in accordance with ADR Rules and providing a notice to
World Omni. The Requesting Party must start the mediation (including non-binding arbitration) or arbitration proceeding
according to the ADR Rules of the ADR Organization within 90 days after the end of the 180-day period. World Omni agrees to
participate in the dispute resolution method selected by the Requesting Party. However, if the Receivable subject to a
Repurchase Request was part of a Review and the Review Report states no Test Fails for the Receivable, the Repurchase Request
for the Receivable will be deemed to have been resolved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ii)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Mediation</U>. If the Requesting Party selects mediation for dispute resolution:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
mediation will be administered by the ADR Organization using its ADR Rules. However, if any ADR Rules are inconsistent with the
procedures for mediation stated in this <U>Section 3.02(c)</U>, the procedures in this <U>Section 3.02(c)</U> will control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>A
single mediator will be selected by the ADR Organization from a list of neutral mediators maintained by it according to the ADR
Rules. The mediator must be impartial, an attorney admitted to practice in the State of New York and have at least 15 years of
experience in commercial litigation and, if possible, consumer finance or asset-backed securitization matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
mediation will start within 15 days after the selection of the mediator and conclude within 30 days after the start of the mediation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(D)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> Expenses of the mediation will be allocated among the parties as mutually agreed by them as part of the mediation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(E)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If the parties fail to agree at the completion of the mediation, the Requesting Party may refer the Repurchase Request to
binding arbitration under this <U>Section 3.02(c)</U> or may seek adjudication of the Repurchase Request in court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iii)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Binding Arbitration</U>. If the Requesting Party selects arbitration for dispute resolution:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
arbitration will be administered by the ADR Organization using its ADR Rules. However, if any ADR Rules are inconsistent with
the procedures for arbitration stated in this <U>Section 3.02(c)</U>, the procedures in this <U>Section 3.02(c)</U> will control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>A
single arbitrator will be selected by the ADR Organization from a list of neutral mediators maintained by it according to the
ADR Rules. The arbitrator must be impartial, an attorney admitted to practice in the State of New York and have at least 15 years
of experience in commercial litigation and, if possible, consumer finance or asset-backed securitization matters. The arbitrator
will be independent and impartial and will comply with the Code of Ethics for Arbitrators in Commercial Disputes in effect at
the time of the arbitration. Before accepting an appointment, the arbitrator must promptly disclose any circumstances likely to
create a reasonable inference of bias or conflict of interest or likely to preclude completion of the proceedings within the stated
time schedule. The arbitrator may be removed by the ADR Organization for cause consisting of actual bias, conflict of interest
or other serious potential for conflict.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
arbitrator will have the authority to schedule, hear and determine any motions, including dispositive and discovery motions, according
to New York law, and will do so at the motion of any party. Discovery will be completed within 30 days of selection of the arbitrator
and will be limited for each party to two witness depositions not to exceed five hours, two interrogatories, one document request
and one request for admissions. However, the arbitrator may grant additional discovery on a showing of good cause that the additional
discovery is reasonable and necessary. Briefs will be limited to no more than ten pages each, and will be limited to initial statements
of the case, motions and a pre-hearing brief. The evidentiary hearing on the merits will start no later than 60 days after selection
of the arbitrator and will proceed for no more than six consecutive Business Days with equal time allocated to each party for
the presentation of evidence and cross examination. The arbitrator may allow additional time for discovery and hearings on a showing
of good cause or due to unavoidable delays.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(D)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
arbitrator will make its final determination no later than 90 days after its selection. The arbitrator will resolve the dispute
according to the terms of this Agreement and the other Basic Documents, and may not modify or change this Agreement or the other
Basic Documents in any way or award remedies not consistent with the Basic Documents. The arbitrator will not have the power to
award punitive damages or consequential damages in any arbitration conducted by it. In its final determination, the arbitrator
will determine and award the expenses of the arbitration (including filing fees, the fees of the arbitrator, expense of any record
or transcript of the arbitration and administrative fees) to the parties in its reasonable discretion. The determination of the
arbitrator will be in writing and counterpart copies will be promptly delivered to the parties. The determination will be final
and non-appealable, except for actions to confirm or vacate the determination permitted under federal or State law, and may be
entered and enforced in any court of competent jurisdiction over the parties and the matter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(E)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>By
selecting binding arbitration, the Requesting Party is giving up the right to sue in court, including the right to a trial by
jury.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(F)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Requesting Party may not bring a putative or certificated class action to arbitration. If this waiver of class action rights is
found to be unenforceable for any reason, the Requesting Party agrees that it will bring its claims in a court of competent jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Additional
Conditions</U>. For each mediation or arbitration:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
mediation or arbitration will be held in New York, New York at the offices of the mediator or arbitrator or at another location
selected by World Omni. Any party or witness may participate by teleconference or video conference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(B)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>World
Omni and the Requesting Party will have the right to seek provisional relief from a competent court of law, including a temporary
restraining order, preliminary injunction or attachment order, if such relief is available by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Under
no circumstances will the Owner Trustee or the Indenture Trustee, respectively, in its individual capacity be liable for any costs,
expenses or liabilities that could be allocated to the Requesting Party in any mediation or arbitration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>World
Omni will not be required to produce Personally Identifiable Information for purposes of any mediation or arbitration. The existence
and details of any unresolved Repurchase Request, any informal meetings, mediations or arbitration proceedings, the nature and
amount of any relief sought or granted, any offers or statements made and any discovery taken in the proceeding will be confidential,
privileged and inadmissible for any purpose in any other mediation, arbitration, litigation or other proceeding. The parties will
keep this information confidential and will not disclose or discuss it with any third party (other than a party&#8217;s attorneys,
experts, accountants and other advisors, as reasonably required in connection with the mediation or arbitration proceeding under
this <U>Section 3.02(c)</U>), except as required by law, regulatory requirement or court order. If a party to a mediation or arbitration
proceeding receives a subpoena or other request for information from a third party (other than a governmental regulatory body)
for confidential information of the other party to the mediation or arbitration proceeding, the recipient will promptly notify
the other party and will provide the other party with the opportunity to object to the production of its confidential information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.03<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Custody of Receivable Files</U>. To assure uniform quality in servicing the Receivables and to reduce administrative
costs, the Issuing Entity hereby revocably appoints the Servicer, and the Servicer hereby accepts such appointment, to act for
the benefit of the Issuing Entity and the Indenture Trustee as custodian of the following documents or instruments which are hereby
or will hereby be constructively delivered to the Indenture Trustee, as pledgee of the Issuing Entity, as of the Closing Date with
respect to each Receivable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp; </FONT>in
the case of each Receivable constituting &#8220;tangible chattel paper&#8221;, the fully executed original Contract of such
Receivable or, in the case of each Receivable constituting &#8220;electronic chattel paper&#8221;, the &#8220;authoritative
copy&#8221; (as such term is used in Section 9-105 of the UCC) of the electronic Contract of such Receivable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp; </FONT>the
credit application fully executed by the Obligor or such other information as the Servicer may keep on file in accordance
with its customary servicing procedures;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp; </FONT>the
original certificate of title or such documents that the Servicer or the Depositor shall keep on file, in accordance with its
customary procedures, evidencing the security interest of World Omni in the Financed Vehicle; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;</FONT>
any and all other documents that the Servicer or the Depositor shall keep on file, in accordance with its customary
procedures, relating to a Receivable, an Obligor or a Financed Vehicle;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><U>provided</U>, that
the Servicer may appoint one or more agents to act as subcustodians of certain items in the Receivables Files so long as the Servicer
remains primarily responsible for their safekeeping, <U>provided</U>, <U>further</U>, that the Servicer shall not transmit or transfer
the authoritative copy of a Receivable that is in the form of electronic chattel paper to another person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.04<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Duties of Servicer as Custodian</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp; </FONT><U>Safekeeping</U>.
The Servicer shall hold the Receivable Files as custodian for the benefit of the Issuing Entity and maintain such accurate
and complete accounts, records and computer systems pertaining to each Receivable File as shall enable the Issuing Entity to
comply with this Agreement. In performing its duties as custodian the Servicer shall act with reasonable care, using that
degree of skill and attention that the Servicer exercises with respect to the receivable files relating to all comparable
automotive receivables that the Servicer services for itself or others. The Servicer covenants and agrees that it shall hold
the Receivable Files in such a manner as to prevent any other Person from obtaining &#8220;control&#8221; of any
 &#8220;electronic chattel paper&#8221; included therein (as such terms are used in section 9-105 of the UCC). The Servicer
shall promptly report to the Issuing Entity and the Indenture Trustee any failure on its part to hold the Receivable Files
and maintain its accounts, records and computer systems as herein provided and shall promptly take appropriate action to
remedy any such failure. Nothing herein shall be deemed to require an initial review or any periodic review by the Issuing
Entity or the Indenture Trustee of the Receivable Files.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
 &#8239;</FONT><U>Maintenance of and Access to Records</U>. The Servicer shall maintain each Receivable File at one of its
offices, or at such other location, in each case as specified in <U>Schedule B</U> or at such other office or location of the
Servicer or a third party agent retained by the Servicer as shall be specified to the Issuing Entity and the Indenture
Trustee by written notice prior to any change in location together with the Opinion of Counsel required by <U>Section
10.02(j)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The Servicer shall
provide to the Indenture Trustee and, following the receipt of a Review Notice, the Asset Representation Reviewer, access to
any and all documentation regarding the Receivables in such cases where the Indenture Trustee is required in connection with
the enforcement of the rights of the Noteholders, or by applicable statutes or regulations to review such documentation or
the Asset Representations Reviewer is obligated to conduct a Review, as applicable, such access being afforded without charge
but only (a) upon reasonable request, (b) during normal business hours, (c) subject to the Servicer&#8217;s normal security
and confidentiality procedures and (d) at offices designated by the Servicer. Nothing in this <U>Section 3.04(b)</U> shall
derogate from the obligation of the Servicer, the Indenture Trustee or the Asset Representation Reviewer to observe any
applicable law prohibiting disclosure of information regarding the Obligors and the failure of the Servicer to provide access
as provided in this <U>Section 3.04(b)</U> as a result of such obligation shall not constitute a breach of this <U>Section
3.04(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp; </FONT><U>Release
of Documents</U>. Upon instruction from the Indenture Trustee, the Servicer shall release any Receivable File to the
Indenture Trustee, the Indenture Trustee&#8217;s agent or the Indenture Trustee&#8217;s designee, as the case may be, at such
place or places as the Indenture Trustee may designate, as soon as practicable, after receipt of such instruction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.05<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Instructions; Authority To Act</U>. The Servicer shall be deemed to have received proper instructions with respect to
the Receivable Files upon its receipt of written instructions signed by a Trust Officer of the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.06<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Custodian&#8217;s
Indemnification</U>. The Servicer as custodian shall indemnify the Trust, the Owner Trustee, and the Indenture Trustee and each
of their respective officers, directors, employees and agents for any and all liabilities, obligations, losses, compensatory damages,
payments, costs or expenses of any kind whatsoever that may be imposed on, incurred by or asserted against the Trust, the Owner
Trustee, or the Indenture Trustee or any of their respective officers, directors, employees and agents as the result of any improper
act or omission in any way relating to the maintenance and custody by the Servicer as custodian of the Receivable Files, including,
but not limited to, the cost of defending any claim or bringing any claim to enforce such indemnification or other obligations
of the Servicer; <U>provided</U>, <U>however</U>, that the Servicer shall not be liable to the Owner Trustee for any portion of
any such amount resulting from the willful misconduct, bad faith or negligence of the Owner Trustee, and the Servicer shall not
be liable to the Indenture Trustee for any portion of any such amount resulting from the willful misconduct, bad faith or negligence
of the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 3.07<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Effective
Period and Termination</U>. The Servicer&#8217;s appointment as custodian shall become effective as of the Cutoff Date and
shall continue in full force and effect until terminated pursuant to this Section. If World Omni shall resign as Servicer in
accordance with the provisions of this Agreement or if all of the rights and obligations of any Servicer shall have been
terminated under <U>Section 8.01</U>, the appointment of such Servicer as custodian may be terminated by the Indenture
Trustee or by the Holders of the Controlling Securities evidencing not less than 25% of the Outstanding Amount of the
Controlling Securities or, with the consent of Holders of the Controlling Securities evidencing not less than 25% of the
Outstanding Amount of the Controlling Securities, by the Owner Trustee, in the same manner as the Indenture Trustee or such
Holders may terminate the rights and obligations of the Servicer under <U>Section 8.01</U>. As soon as practicable after any
termination of such appointment, the Servicer shall deliver the Receivable Files to the Indenture Trustee or the Indenture
Trustee&#8217;s agent at such place or places as the Indenture Trustee may reasonably designate; <U>provided</U>, <U>however</U>,
that with respect to &#8220;authoritative copies&#8221; of the Receivables constituting &#8220;electronic chattel
paper,&#8221; (a) if the Servicer&#8217;s appointment as custodian has been terminated in connection with the resignation or
termination of the Servicer as servicer, the custodian shall transfer such &#8220;authoritative copies&#8221; to the
successor Servicer or (b) otherwise, unless otherwise instructed by the Indenture Trustee, such &#8220;authoritative
copies&#8221; shall be transferred to the Indenture Trustee or the Indenture Trustee&#8217;s designee. In each case, if
necessary, an authorized representative of World Omni shall use commercially reasonable efforts to convert an authoritative
copy into tangible form by permanently removing such electronic authoritative copy from World Omni&#8217;s electronic
vaulting system and causing a contract in tangible form to be printed as the tangible authoritative copy that constitutes
original tangible chattel paper for purposes of the UCC, and shall deliver such tangible authoritative copy to the successor
Servicer or to the Indenture Trustee or the Indenture Trustee&#8217;s designee at the place or places as the Indenture
Trustee may reasonably designate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE IV</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ADMINISTRATION AND SERVICING OF RECEIVABLES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.01<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Duties of Servicer</U>. The Servicer, for the benefit of the Issuing Entity (to the extent provided herein), shall manage,
service, administer and receive collections on the Receivables (other than Purchased Receivables) with reasonable care, using that
degree of skill and attention that the Servicer exercises with respect to all comparable automotive receivables that it services
for itself or others. The Servicer&#8217;s duties shall include collection and posting of all payments, responding to inquiries
of Obligors on such Receivables, investigating delinquencies, sending invoices to Obligors, reporting tax information to Obligors,
accounting for collections, paying the fee of the Administrator out of its own funds pursuant to <U>Section 1.03</U> of the Administration
Agreement and furnishing a Servicer&#8217;s Certificate to the Indenture Trustee. Subject to the provisions of <U>Section 4.02</U>,
the Servicer shall follow its customary standards, policies and procedures in performing its duties as Servicer. Without limiting
the generality of the foregoing, the Servicer is authorized and empowered to execute and deliver, on behalf of itself, the Issuing
Entity, the Owner Trustee, the Indenture Trustee, the Certificateholders and the Noteholders or any of them, any and all instruments
of satisfaction or cancellation, or partial or full release or discharge, and all other comparable instruments, with respect to
such Receivables or to the Financed Vehicles securing such Receivables. If the Servicer shall commence a legal proceeding to enforce
a Receivable, the Issuing Entity (in the case of a Receivable other than a Purchased Receivable) shall thereupon be deemed to have
automatically assigned, solely for the purpose of collection, such Receivable to the Servicer. If in any enforcement suit or legal
proceeding it shall be held that the Servicer may not enforce a Receivable on the ground that it shall not be a real party in interest
or a holder entitled to enforce such Receivable, the Owner Trustee shall on behalf of the Issuing Entity, at the Servicer&#8217;s
expense and direction, take steps to enforce such Receivable, including bringing suit in its name or the name of the Owner Trustee,
the Indenture Trustee, the Certificateholders or the Noteholders. The Owner Trustee shall upon the written request of the Servicer
furnish the Servicer with any powers of attorney and other documents, in forms provided to it, reasonably necessary or appropriate
to enable the Servicer to carry out its servicing and administrative duties hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.02<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Collection
and Allocation of Receivable Payments</U>. The Servicer shall make reasonable efforts to collect all payments called for
under the terms and provisions of the Receivables as and when the same shall become due and shall follow such collection
procedures as it follows with respect to all comparable automotive receivables that it services for itself or others. The
Servicer shall allocate collections as set forth in <U>Section 5.03</U>. The Servicer may grant extensions, rebates or
adjustments on a Receivable, which shall not, for the purposes of this Agreement, modify the day of the month on which
payment is due (except in connection with a limited number of accommodations for Obligors of occasional requests in
accordance with the Servicer&#8217;s customary servicing procedures) or change the method under which scheduled payments of
interest are computed on such Receivable; <U>provided</U>, <U>however</U>, that if the Servicer extends the date for final
payment by the Obligor of any Receivable beyond the month immediately preceding the month in which the Final Scheduled
Payment Date for the Class C Notes occurs, the Servicer shall purchase any such Receivable as of the earlier of (a) the last
day of the second Collection Period following the date of such extension (or, at the Servicer&#8217;s election, the last day
of the first following Collection Period) and (b) the last day of the month immediately preceding the month in which the
Final Scheduled Payment Date for the Class C Notes occurs, in each case in accordance with the terms of <U>Section
4.07(b)</U>. The Servicer shall not retain any fees in connection with any extension of a Receivable but shall instead
deposit such fees into the Collection Account within two Business Days of receipt (including receipt of proper instructions
regarding where to allocate such payment) unless the Servicer is making deposits on a monthly basis as permitted under <U>Section
5.02</U>. The Servicer may in its discretion waive any late payment charge or any other fees that may be collected in the
ordinary course of servicing a Receivable. The Servicer shall not agree to any alteration of the interest rate or the
originally scheduled payments on any Receivable, other than as provided herein or as required by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.03<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Realization upon Receivables</U>. On behalf of the Issuing Entity, the Servicer shall use commercially reasonable efforts,
consistent with its customary servicing procedures, to repossess or otherwise convert the ownership of the Financed Vehicle securing
any Receivable as to which the Servicer shall have determined eventual payment in full is unlikely. The Servicer shall follow such
customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of automotive receivables,
which may include selling the Financed Vehicle at public or private sale. The Servicer is hereby authorized to exercise its discretion,
consistent with its customary servicing procedures and the terms of this Agreement, in servicing Defaulted Receivables so as to
maximize the realization of those Defaulted Receivables, including the discretion to choose to sell or not to sell any of the Defaulted
Receivables. The Servicer shall not be liable for any such exercise of its discretion made in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.04<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Physical
Damage Insurance</U>. To the extent applicable, the Servicer shall not take any action that would result in noncoverage under
such physical damage insurance policy which, but for the actions of the Servicer, would have been covered thereunder. Any amounts
collected by the Servicer under any physical damage insurance policy shall be deposited in the Collection Account pursuant to
<U>Section 5.02</U>. The parties hereto acknowledge that the Servicer shall not force place any insurance coverage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.05<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maintenance
of Security Interests in Financed Vehicles</U>. The Servicer shall, in accordance with its customary servicing procedures, take
such steps as are necessary to maintain perfection of the security interest created by each Receivable in the related Financed
Vehicle. The Servicer is hereby authorized to take such steps as are necessary to re-perfect such security interest on behalf
of the Issuing Entity and the Indenture Trustee in the event of the relocation of a Financed Vehicle or for any other reason.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.06<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Covenants
of Servicer</U>. The Servicer shall not release the Financed Vehicle securing any Receivable from the security interest granted
by such Receivable in whole or in part except in the event of (i) payment by the Obligor (a) in full or (b) in part with a remaining
total payment shortage amount which, according to the Servicer&#8217;s customary procedures, does not exceed the amount of total
payment shortage that would permit the Servicer to release the related Financed Vehicle from the security interest or (ii) repossession,
nor shall the Servicer impair the rights of the Issuing Entity, the Indenture Trustee, the Certificateholders or the Noteholders
in such Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.07<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Purchase
of Receivables Upon Breach or Extension Beyond Final Scheduled Payment Date</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp; </FONT>The
Servicer or the Trust shall inform the other party and the Indenture Trustee and the Depositor promptly, in writing, upon the
discovery of any breach pursuant to <U>Section 4.02</U>, <U>4.05</U>, <U>4.06</U> or <U>7.01</U>. Unless the breach shall
have been cured by the last day of the second Collection Period following such discovery or written notice (or, at the
Servicer&#8217;s election, the last day of the first following Collection Period), the Servicer shall purchase any Receivable
materially and adversely affected by such breach as of such last day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp; </FONT>In
consideration of the purchase of any Receivable pursuant to <U>Section 4.02</U> or <U>Section 4.07(a)</U>, the Servicer shall
remit the Purchase Amount in the manner specified in <U>Section 5.05</U>, and the Servicer shall deliver a revised Schedule
of Receivables to the Depositor and the Trust, which shall reflect the repurchase of such Receivables. Subject to <U>Section
7.02</U>, the sole remedy of the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Certificateholders or the
Noteholders with respect to a breach pursuant to <U>Section 4.02</U>, <U>4.05</U>, <U>4.06</U> or <U>7.01</U> or the
extension of a Receivable beyond the month immediately preceding the month in which the Final Scheduled Payment Date for the
Class C Notes occurs under <U>Section 4.02</U> shall be to require the Servicer to purchase such Receivables. None of the
Servicer, the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Asset Representations Reviewer, the Seller, the
Depositor or the Administrator will have an obligation to investigate whether a breach, extension or other event has occurred
that would require the purchase of any Receivable under <U>Section 4.02</U> or <U>Section 4.07(a)</U> or whether any
Receivable is required to be purchased under <U>Section 4.02</U> or <U>Section 4.07(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.08<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Servicing
Fee</U>. The Servicing Fee for a Payment Date shall equal the product of (a) one-twelfth, (b) the Servicing Fee Rate and (c) the
aggregate Principal Balance of the Receivables as of the first day of the related Collection Period; <U>provided</U>, <U>however</U>,
that the Servicing Fee on the initial Payment Date shall be prorated to compensate for the length of the initial Collection Period
being longer than one month. The Servicer shall also be entitled to all Supplemental Servicing Fees collected (from whatever source)
on the Receivables, the amount of any Servicing Fee due but not distributed to the Servicer on a prior Payment Date (including
any amounts previously deferred by the Servicer as provided in this <U>Section&nbsp;4.08</U>) plus any reimbursement pursuant
to the last paragraph of <U>Section 7.02</U>. The Servicer may, as long as it believes that sufficient collections will be available
from interest collections on one or more future Payment Dates to pay the Servicing Fee, by notice to the Indenture Trustee on
or before a Payment Date, elect to defer all or a portion of the Servicing Fee with respect to the related Collection Period,
without interest. If the Servicer defers all of the Servicing Fee, the Servicing Fee for such related Collection Period will be
deemed to equal zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.09<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Servicer&#8217;s
Certificate</U>. On or prior to the close of business on each Payment Determination Date, the Servicer shall deliver a
Servicer&#8217;s Certificate pursuant to <U>Section 5.08</U>. Receivables to be purchased by the Servicer or to be
repurchased by World Omni or the Depositor shall be identified by the Servicer by account number with respect to such
Receivable (as specified in the Schedule of Receivables).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.10<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Annual
Statement as to Compliance; Item 1122 Servicing Criteria Assessment; Notice of Default</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT>To the extent required by Regulation AB, the Servicer shall deliver (and shall cause each of its Reporting Subcontractors,
if any, to deliver) to the Owner Trustee and the Indenture Trustee on or before the date that is 90 days after the end of each
calendar year, commencing with the calendar year ended December 31, 2021, an Officer&#8217;s Certificate as required under Item
1123 of Regulation AB, dated as of December 31 of the preceding year, stating that (i) a review of the activities of the Servicer
during the preceding calendar year (or such shorter period as shall have elapsed since the Closing Date) and of its performance
under this Agreement has been made under such officer&#8217;s supervision and (ii) to the best of such officer&#8217;s knowledge,
based on such review, the Servicer has fulfilled all its obligations under this Agreement in all material respects throughout such
reporting period, 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. The Servicer shall send a copy of such certificate and the report
referred to in <U>Section 4.11</U> to the Rating Agencies. A copy of such certificate and the report referred to in <U>Section
4.11</U> may be obtained by any Certificateholder or Noteholder by a request in writing to the Indenture Trustee addressed to the
Corporate Trust Office. Upon the request of the Owner Trustee, the Indenture Trustee will promptly furnish the Owner Trustee a
list of Noteholders as of the date specified by the Owner Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT>The Servicer shall deliver to the Owner Trustee and the Indenture Trustee, on or before the date that is 90 days after the
end of each calendar year, commencing with the calendar year ended December 31, 2021, a report, dated as of December 31 (or other
applicable date) of the preceding year, regarding the Servicer&#8217;s assessment of compliance with the Servicing Criteria during
the immediately preceding calendar year, including disclosure of any material instance of non-compliance identified by the Servicer,
as described in Rule 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB. Deliveries pursuant to this <U>Section
4.10(b)</U> may be delivered by electronic mail.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT>The Servicer shall deliver to the Owner Trustee, the Indenture Trustee and the Rating Agencies, promptly after having obtained
knowledge thereof, but in no event later than five (5) Business Days thereafter, unless such default shall have been cured prior
to such date, written notice in an Officer&#8217;s Certificate of any event which with the giving of notice or lapse of time, or
both, would become a Servicer Default under <U>Section 8.01(a)</U> or <U>(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.11<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Annual
Independent Certified Public Accountants&#8217; Report</U>. The Servicer shall cause a firm of independent certified public accountants,
who may also render other services to the Servicer or to its Affiliates, to deliver to the Servicer (who shall promptly provide
the assessment described in this <U>Section 4.11</U> to the Rating Agencies), the Indenture Trustee and the Owner Trustee and,
on or before the date that is 90 days after the end of the Servicer&#8217;s fiscal year, commencing with the fiscal year ended
December 31, 2021, a report, dated as of December 31 of the preceding fiscal year, addressed to the board of directors of the
Servicer, providing its assessment of compliance with the Servicing Criteria during the preceding fiscal year, including disclosure
of any material instance of non-compliance, as described in Rule 13a-18 or Rule 15d-18 under the Exchange Act and Item 1122(b)
of Regulation AB. Such attestation shall be in accordance with Rule 1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities
Act and the Exchange Act. Deliveries pursuant to this <U>Section 4.11</U> may be delivered by electronic mail.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.12<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Access
to Certain Documentation and Information Regarding Receivables</U>. The Servicer shall provide to the Certificateholders and Noteholders
access to the Receivable Files in such cases where the Certificateholders or Noteholders shall be required by applicable statutes
or regulations to review such documentation. Access shall be afforded without charge, but only upon reasonable request and during
the normal business hours at the offices of the Servicer. Nothing in this Section shall affect the obligation of the Servicer
to observe any applicable law prohibiting disclosure of information regarding the Obligors and the failure of the Servicer to
provide access to information as a result of such obligation shall not constitute a breach of this section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.13<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Servicer
Expenses</U>. The Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder, including
fees and disbursements of independent accountants, taxes imposed on the Servicer and expenses incurred in connection with distributions
and reports to Certificateholders and Noteholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.14<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Appointment
of Subservicer</U>. The Servicer may at any time appoint a subservicer to perform all or any portion of its obligations as Servicer
hereunder; <U>provided</U>, <U>however</U>, that the Servicer shall remain obligated and be liable to the Issuing Entity, the
Owner Trustee, the Indenture Trustee, the Certificateholders and the Noteholders for the servicing and administering of the Receivables
in accordance with the provisions hereof without diminution of such obligation and liability by virtue of the appointment of such
subservicer and to the same extent and under the same terms and conditions as if the Servicer alone were servicing and administering
the Receivables. The fees and expenses of the subservicer shall be as agreed between the Servicer and its subservicer from time
to time, and none of the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Certificateholders or the Noteholders shall
have any responsibility therefor. The Servicer shall give the Indenture Trustee written notice of any subservicer appointed hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.15<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Communications
Between Noteholders</U>. The Servicer will comply with its obligations under Section 7.02(e) of the Indenture to include in the
Form 10-D filed by the Issuing Entity with the Commission for the Collection Period the information described in such Section.
The Servicer will bear any costs associated with including any such communication in such Form 10-D.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 4.16<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Exchange
Act Certifications</U>. To the extent permitted by Exchange Act Rules, the Servicer shall prepare, execute, file and deliver on
behalf of the Issuing Entity any certification or other instrument as required by Exchange Act Rules 13a-14 and 15d-14.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE V</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">TRUST ACCOUNTS;
DISTRIBUTIONS; STATEMENTS TO CERTIFICATEHOLDERS AND NOTEHOLDERS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Establishment
of Trust Accounts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT>(i) The Servicer, for the benefit of the Noteholders and the Certificateholders, shall cause to be established and maintained
with the Indenture Trustee and in the name of the Issuing Entity, for the benefit of the Indenture Trustee an Eligible Deposit
Account (the &#8220;<U>Collection Account</U>&#8221;), bearing a designation clearly indicating that the funds deposited therein
are held for the benefit of the Noteholders and the Certificateholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Servicer, for the benefit of the Noteholders, shall cause to be established and maintained with the Indenture Trustee and in the
name of the Issuing Entity, for the benefit of the Indenture Trustee an Eligible Deposit Account (the &#8220;<U>Note Distribution
Account</U>&#8221;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the
Noteholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Servicer, for the benefit of the Issuing Entity, shall cause to be established and maintained with the Indenture Trustee and in
the name of the Issuing Entity, an Eligible Deposit Account (the &#8220;<U>Reserve Account</U>&#8221;), bearing a designation
clearly indicating that the funds deposited therein are held for the benefit of the Issuing Entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp; </FONT>Funds
on deposit in the Collection Account, the Note Distribution Account and the Reserve Account (collectively the &#8220;<U>Trust
Accounts</U>&#8221;) shall be invested by the Indenture Trustee in Eligible Investments, selected by the Servicer; <U>provided</U>, <U>that</U>,
funds on deposit in the Reserve Account shall be invested only in Eligible Investments meeting the requirements of
 &sect;246.4(b)(2) of Regulation RR, as determined solely by the Servicer. In the absence of written direction from the
Servicer, such funds shall be invested or remain uninvested, in accordance with Section 8.04 of the Indenture. All such
Eligible Investments shall be held by the Indenture Trustee for the benefit of the Noteholders, the Certificateholders and
the Issuing Entity, as applicable; <U>provided</U>, <U>that</U> on each Payment Determination Date all interest and other
Investment Earnings on funds on deposit in the Trust Accounts shall be deposited into the Collection Account and shall be
deemed to constitute a portion of Available Funds for the related Payment Date. Other than as permitted by the Rating
Agencies, funds on deposit in the Collection Account, the Reserve Account and the Note Distribution Account shall be invested
in Eligible Investments that will mature (A) not later than the Business Day immediately preceding the next Payment Date or
(B) on or before 10:00 a.m. on such next Payment Date if such investment is held in the corporate trust department of the
institution with which the Collection Account, the Reserve Account and the Note Distribution Account, as applicable, is then
maintained and is invested either (i) in a time deposit of the Indenture Trustee rated at least A-1 by S&amp;P Global Ratings
and F1 or A by Fitch (such account being maintained within the corporate trust department of the Indenture Trustee), (ii) in
the Indenture Trustee&#8217;s common trust fund so long as such fund is rated in the highest applicable rating category by
S&amp;P Global Ratings and Fitch or (iii) in Eligible Investments specified in <U>clauses (b)</U>, <U>(g)</U> or <U>(i)</U>
of the definition thereof; and provided that all such Eligible Investments shall be held to maturity (to the extent such
Eligible Investment has an applicable maturity date) and be available for redemption and use by the Indenture Trustee on or
prior to the relevant Payment Date. Moreover, the Servicer shall not direct the Indenture Trustee to invest funds in the
Trust Accounts in any Eligible Investment that would not mature on or prior to the relevant Payment Date. In no event shall
the Indenture Trustee be held liable for investment losses in Eligible Investments pursuant to this <U>Section 5.01</U>,
except in its capacity as obligor thereunder. Except as otherwise provided hereunder or agreed in writing among the parties
hereto, the Servicer shall retain the authority to institute, participate and join in any plan of reorganization,
readjustment, merger or consolidation with respect to the issuer of any Eligible Investments held hereunder, and, in general,
to exercise each and every other power or right with respect to each such asset or investment as individuals generally have
and enjoy with respect to their own assets and investment, including power to vote upon any securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;
</FONT>(i) The Indenture Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Trust
Accounts and in all proceeds thereof (including all income thereon) and all such funds, investments, proceeds and income shall
be part of the Trust Estate. The Trust Accounts (other than the Reserve Account) shall be under the sole dominion and control of
the Indenture Trustee for the benefit of the Noteholders and the Certificateholders, as the case may be. The Reserve Account shall
be under the sole dominion and control of the Indenture Trustee in the name of and for the benefit of the Issuing Entity which
such Reserve Account has been pledged by the Issuing Entity to the Indenture Trustee for the benefit of the Noteholders. All of
the Depositor&#8217;s right, title and interest to the Reserve Account has been conveyed by the Depositor to the Issuing Entity
pursuant to <U>Section 2.01(e)</U> hereof, including, all funds on deposit from time to time, and all investments, proceeds and
income thereof. The Depositor hereby grants to the Indenture Trustee on the Closing Date, as Indenture Trustee for the benefit
of the Noteholders, all of the Depositor&#8217;s right, title and interest in, to and under, whether now owned or existing or hereafter
acquired or arising, the Reserve Account and all proceeds thereof. If, at any time, any of the Trust Accounts ceases to be an Eligible
Deposit Account, the Indenture Trustee (or the Servicer on its behalf) shall within 10 Business Days (or such longer period, not
to exceed 30 calendar days, as to which each Rating Agency may consent) establish a new Trust Account as an Eligible Deposit Account
and shall transfer any cash and/or any investments to such new Trust Account. The Indenture Trustee or the other Person holding
the Trust Accounts as provided in this <U>Section 5.01(c)(i)</U> shall be the &#8220;<U>Securities Intermediary</U>.&#8221; If
the Securities Intermediary shall be a Person other than the Indenture Trustee, the Servicer shall obtain the express agreement
of such Person to the obligations of the Securities Intermediary set forth in this <U>Section 5.01</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>With
respect to the Trust Account Property, the Securities Intermediary agrees, by its acceptance hereof, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Trust Accounts are accounts to which Financial Assets will be credited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(B)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
securities or other property underlying any Financial Assets credited to the Trust Accounts shall be registered in the name of
the Securities Intermediary, indorsed to the Securities Intermediary or in blank or credited to another securities account maintained
in the name of the Securities Intermediary and in no case will any Financial Asset credited to any of the Trust Accounts be registered
in the name of the Trust, the Servicer or the Depositor, payable to the order of the Trust, the Servicer or the Depositor or specially
indorsed to the Owner Trustee, the Servicer or the Depositor except to the extent the foregoing have been specially indorsed to
the Securities Intermediary or in blank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
property delivered to the Securities Intermediary pursuant to this Agreement will be promptly credited to the appropriate Trust
Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(D)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
item of property (whether investment property, Financial Asset, security, instrument or cash) credited to a Trust Account shall
be treated as a &#8220;financial asset&#8221; within the meaning of Section 8-102(a)(9) of the New York UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(E)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
at any time the Securities Intermediary shall receive any order from the Indenture Trustee directing transfer or redemption of
any Financial Asset relating to the Trust Accounts, the Securities Intermediary shall comply with such entitlement order without
further consent by the Trust, the Servicer, the Depositor or any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(F)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Trust Accounts shall be governed by the laws of the State of New York, regardless of any provision in any other agreement. For
purposes of the UCC, New York shall be deemed to be the Securities Intermediary&#8217;s jurisdiction and the Trust Accounts (as
well as the securities entitlements (as defined in Section 8-102(a)(17) of the UCC) related thereto) shall be governed by the
laws of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(G)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Securities Intermediary has not entered into, and until the termination of this Agreement will not enter into, any agreement with
any other person relating to the Trust Accounts and/or any Financial Assets credited thereto pursuant to which it has agreed to
comply with entitlement orders (as defined in Section 8-102(a)(8) of the New York UCC) of such other person and the Securities
Intermediary has not entered into, and until the termination of this Agreement will not enter into, any agreement with the Trust,
the Depositor, the Servicer or the Indenture Trustee purporting to limit or condition the obligation of the Securities Intermediary
to comply with entitlement orders as set forth in <U>Section 5.01(c)(ii)(E)</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(H)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Except
for the claims and interest of the Indenture Trustee and of the Trust in the Trust Accounts, the Securities Intermediary knows
of no claim to, or interest in, the Trust Accounts or in any Financial Asset credited thereto. If any other person asserts any
lien, encumbrance or adverse claim (including any writ, garnishment, judgment, warrant of attachment, execution or similar process)
against the Trust Accounts or in any Financial Asset carried therein, the Securities Intermediary will promptly notify the Indenture
Trustee, the Servicer and the Trust thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Securities Intermediary will promptly send copies of all statements, confirmations and other correspondence concerning the
Trust Accounts and/or any Trust Account Property simultaneously to each of the Servicer and the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Servicer shall have the power, revocable by the Indenture Trustee or by the Owner Trustee with the consent of the Indenture Trustee,
to instruct the Indenture Trustee to make withdrawals and payments from the Trust Accounts for the purpose of permitting the Servicer
or the Owner Trustee to carry out its respective duties hereunder or permitting the Indenture Trustee to carry out its duties
under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.02<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Collections</U>. The Servicer shall remit to the Collection Account (and post such amounts to its records) within two
Business Days of receipt and identification of payment (including receipt of proper instructions regarding where to allocate such
payment) all payments by or on behalf of the Obligors with respect to the Receivables (other than Purchased Receivables) and all
Recoveries, both as collected during the Collection Period. Notwithstanding the foregoing, for so long as the Monthly Remittance
Condition is satisfied, the Servicer shall not be required to remit such collections on a daily basis, but may retain such collections
without segregation and remit such collections with respect to the preceding calendar month to the Collection Account on the Payment
Determination Date immediately preceding the related Payment Date. In the event that the Servicer is remitting collections on a
monthly basis and the Monthly Remittance Condition shall no longer be satisfied, within 14 Business Days after such event (the
Servicer shall be permitted to continue monthly remittances during such 14-Business Day period), the Servicer shall resume remitting
such collections to the Collection Account within two Business Days after receipt and identification of payment (including proper
instructions regarding where to allocate such payment), unless the Servicer shall satisfy the Rating Agency Condition with respect
to continuing monthly remittances. For purposes of this Article V the phrase &#8220;payments by or on behalf of Obligors&#8221;
shall mean payments made with respect to the Receivables by Persons other than the Servicer or the Depositor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.03<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Application
of Collections</U>. With respect to each Receivable (other than a Purchased Receivable), payments by or on behalf of the Obligor
shall be applied to interest and principal in accordance with the Simple Interest Method.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.04<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>[Reserved]</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.05<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Additional
Deposits</U>. The Servicer and the Depositor shall deposit or cause to be deposited in the Collection Account the aggregate Purchase
Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under <U>Section 9.01</U>.
The Servicer will deposit the aggregate Purchase Amount with respect to Purchased Receivables when such obligations are due. All
such deposits shall be made on the Payment Determination Date for the related Collection Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.06<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Distributions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
or prior to the close of business on each Payment Determination Date, the Servicer shall calculate (A) all amounts required to
be deposited in the Note Distribution Account, and (B) all amounts required to be distributed to the Certificateholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except
as otherwise provided in <U>clause (iii)</U> below, on each Payment Date, the Servicer, based on the information contained in
the Servicer&#8217;s Certificate delivered on the related Payment Determination Date pursuant to <U>Section 4.09</U> hereof, shall
instruct the Indenture Trustee to make the following deposits and distributions in the following order of priority, in each case,
to the extent of Available Funds, if any, remaining after application thereof pursuant to prior clauses:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
the Asset Representations Reviewer, all fees, expenses and indemnities due to the Asset Representations Reviewer under the Asset
Representations Review Agreement and not previously paid by the Servicer, up to a maximum of $150,000 per calendar year;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">to
the Note Distribution Account, the Class A Noteholders&#8217; Interest Distributable Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to the Note Distribution Account, the Noteholders&#8217; First Priority Principal Distributable Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the
Note Distribution Account, the Class B Noteholders&#8217; Interest Distributable Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the
Note Distribution Account, the Noteholders&#8217; Second Priority Principal Distributable Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the
Note Distribution Account, the Class C Noteholders&#8217; Interest Distributable Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(G)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the
Note Distribution Account, the Noteholders&#8217; Third Priority Principal Distributable Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the
Reserve Account, the amount necessary to reinstate the balance in the Reserve Account up to the Required Reserve Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(I)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the Note Distribution Account, an amount equal to the Noteholders&#8217; Principal Distributable Amount minus any amounts allocated
to the Note Distribution Account pursuant to <U>clauses (C)</U>, <U>(E)</U> and <U>(G)</U> above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(J)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the Asset Representations Reviewer, all fees, expenses and indemnities due to the Asset Representations Reviewer under the Asset
Representations Review Agreement but not paid pursuant to <U>clause (A)</U> above; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(K)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the Certificateholders, any remaining amounts; <U>provided</U> the Indenture Trustee has not received written instruction
from the Certificateholders of 100% percentage interest in the Certificates to redeposit all or a portion of such Available Funds
due such Certificateholders into the Collection Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Holders of 100% Percentage Interest
of the Certificates will have the right, but not the obligation, in their sole discretion, to instruct the Indenture Trustee in
writing on or prior to the close of business on the related Payment Determination Date to retain in the Collection Account all
or a portion of distributions otherwise payable to them pursuant to <U>clause (K)</U> above. If the Certificateholders make this
election, these amounts will be treated as collections during the then current Collection Period and the Certificateholders will
have no claim to such amounts (unless distributed on a subsequent Payment Date pursuant to <U>clause (K)</U> above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event Notes are declared to be due and payable following the occurrence of an Event of Default under the Indenture, Available
Funds will be distributed in the following order of priority:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to the Owner Trustee, the Indenture Trustee and the Asset Representations Reviewer, all fees, expenses and indemnities due
to each such party in accordance with the terms of the Basic Documents and not previously paid by the Servicer or the Administrator,
as applicable, on a pro rata basis based on amounts due and payable to each party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">to
the Holders of the Class A Notes, pro rata, the aggregate accrued and unpaid interest on each Class of the Class A Notes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
the Holders of the Class A-1 Notes, the aggregate Outstanding Amount of such Notes, and then to the Holders of the Class A-2 Notes,
the Class A-3 Notes and the Class A-4 Notes, pro rata, the aggregate Outstanding Amount of such Notes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(D)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
the Holders of the Class B Notes, the accrued and unpaid interest on the Class B Notes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">to
the Holders of the Class B Notes, the aggregate Outstanding Amount of the Class B Notes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(F)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">to
the Holders of the Class C Notes, the accrued and unpaid interest on the Class C Notes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(G)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
the Holders of the Class C Notes, the aggregate Outstanding Amount of the Class C Notes; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">(H)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the
Certificateholders, any remaining amounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 40.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.07<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Reserve Account</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;On the Closing Date,
the Indenture Trustee will deposit, on behalf of the Depositor, the Reserve Account Initial Deposit into the Reserve Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the amount on deposit in the Reserve Account on any Payment Date (after giving effect to all deposits thereto or withdrawals therefrom
on such Payment Date) is greater than the Required Reserve Amount for such Payment Date, the Servicer, based on the information
contained in the Servicer&#8217;s Certificate delivered on the related Payment Determination Date pursuant to <U>Section 4.09
</U>hereof, shall instruct the Indenture Trustee in writing to withdraw such amount from the Reserve Account and apply it as Available
Funds for such Payment Date; <U>provided</U> that, amounts withdrawn from the Reserve Account shall only be used in the manner
permitted under &sect;246.4(b)(3) of Regulation RR, as determined solely by the Servicer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event that the Total Available Funds for a Payment Date are not sufficient to make the full amount of the payments and deposits
required pursuant to <U>Sections 5.06(ii)(A)</U>, <U>(B)</U>, <U>(C)</U>, <U>(D)</U>, <U>(E)</U>, <U>(F)</U> and <U>(G)</U> on
such Payment Date, the Servicer, based on the information contained in the Servicer&#8217;s Certificate delivered on the related
Payment Determination Date pursuant to <U>Section 4.09</U> hereof, shall instruct the Indenture Trustee to withdraw from the Reserve
Account on such Payment Date an amount equal to such shortfall, to the extent of funds available therein, and pay or deposit such
amount according to the priorities set forth in <U>Section 5.06(ii)</U>. In addition, amounts will be withdrawn from the Reserve
Account as provided in <U>Section 8.02(c)</U> and <U>(d)</U> of the Indenture. Amounts withdrawn from the Reserve Account shall
only be used in the manner permitted under &sect;246.4(b)(3) of Regulation RR, as determined solely by the Servicer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to <U>Section 9.01</U>, amounts will continue to be applied pursuant to <U>Section 5.06</U> following payment in full of the Outstanding
Amount of the Notes until the Pool Balance is reduced to zero. Following the payment in full of the aggregate Outstanding Amount
of the Notes and of all other amounts owing or to be distributed hereunder or under the Indenture or the Trust Agreement to Noteholders,
and the final distribution to the Certificateholders, in accordance with the instructions of the Servicer (based on the information
contained in the Servicer&#8217;s Certificate delivered on the related Payment Determination Date pursuant to <U>Section 4.09
</U>hereof), the Indenture Trustee shall distribute any remaining funds in the Reserve Account to the Depositor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 5.08<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Statements to Noteholders and Certificateholders</U>. On or prior to the close of business on each Payment Determination
Date, the Servicer shall provide to the Indenture Trustee (with a copy to the Rating Agencies) for the Indenture Trustee to post
on its internet website pursuant to Section 6.06 of the Indenture, the Servicer&#8217;s Certificate substantially in the form of
<U>Exhibit B</U>, setting forth at least the following information as to the Notes, to the extent applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;the
amount of such distribution allocable to principal allocable to each Class of Notes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;the
amount of such distribution allocable to interest allocable to each Class of Notes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;the
Outstanding Amount of each Class of Notes and the Note Pool Fac</FONT>tor for each such Class as of the close of business on the
last day of the preceding Collection Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;the
amount of the Servicing Fee paid to the Servicer with respect to the related Collection Period, the amount of any unpaid Servicing
Fee and the change in such amount from the prior Payment Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;the
balance of the Reserve Account on such Payment Determination Date before and after giving effect to deposits and withdrawals to
be made on the immediate following Payment Date, if any;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&nbsp;&nbsp;&nbsp;&nbsp;the
amount, if any, distributed to Noteholders and Certificateholders from amounts on deposit in the Reserve Account or from other
forms of credit enhancement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&nbsp;&nbsp;&nbsp;&nbsp;the
Pool Balance as of the close of business on the last day of the related Collection Period, before and after giving effect to payments
allocated to principal reported under clause (a) above;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)&nbsp;&nbsp;&nbsp;&nbsp;the
Class A Noteholders&#8217; Interest Carryover Shortfall;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Class B Noteholders&#8217; Interest Carryover Shortfall;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Class C Noteholders&#8217; Interest Carryover Shortfall;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)&nbsp;&nbsp;&nbsp;&nbsp;the
number of Receivables purchased by, and the aggregate Purchase Amount paid by, World Omni or the Servicer with respect to the
related Collection Period;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;delinquency
information relating to the Receivables which has a payment of more than $40 that is more than 30, 60, 90 or 120 days delinquent;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)&nbsp;&nbsp;&nbsp;the
aggregate amount of Receivables which have become Defaulted Receivables during the preceding Collection Period;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)&nbsp;&nbsp;&nbsp;&nbsp;the
amount, if any, distributed to the Certificateholders;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)&nbsp;&nbsp;&nbsp;&nbsp;the
Noteholders&#8217; First Priority Principal Distributable Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)&nbsp;&nbsp;&nbsp;&nbsp;the
Noteholders&#8217; Second Priority Principal Distributable Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)&nbsp;&nbsp;&nbsp;&nbsp;the
Noteholders&#8217; Third Priority Principal Distributable Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Noteholders&#8217; Principal Distributable Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(s)&nbsp;&nbsp;&nbsp;&nbsp;the
Overcollateralization Target Amount for the immediately following Payment Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
number and dollar amount of Receivables at the beginning and end of the applicable Collection Period, and the weighted average
coupon and weighted average remaining term of the Receivables held by the Trust;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(u)&nbsp;&nbsp;&nbsp;&nbsp;delinquency
and loss information for the applicable Collection Period and any material changes in determining or defining delinquencies, charge-offs
and uncollectible accounts;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;material
breaches of pool asset representations and warranties or transaction covenants;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(w)&nbsp;&nbsp;&nbsp;any
material modifications, extensions or waivers relating to the terms of or fees, penalties or payments on, pool assets during the
distribution period or that, cumulatively, have become material over time;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)&nbsp;&nbsp;&nbsp;&nbsp;the
Yield Supplement Overcollateralization Amount for the related Payment Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(y)&nbsp;&nbsp;&nbsp;&nbsp;a
material change in World Omni or the Depositor&#8217;s retained interest in the Notes or Certificates; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(z)&nbsp;&nbsp;&nbsp;&nbsp;the
Interest Rate for each Class of Notes for the next Payment Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each
amount set forth on the Servicer&#8217;s Certificate under <U>clauses (a)</U>, <U>(b)</U>, <U>(h)</U>, <U>(i)</U>, <U>(j)</U>,
<U>(o)</U>, <U>(p)</U>, <U>(q)</U> and <U>(r)</U> above shall be expressed as a dollar amount per $1,000 of original principal
amount of a Note. Deliveries pursuant to this <U>Section 5.08</U> may be delivered by electronic mail.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
5.09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Net Deposits</U>. As an administrative convenience, the Servicer will
be permitted to make the deposit of collections on the Receivables and Purchase Amounts for or with respect to the Collection
Period net of distributions (including without limitation the Servicing Fee) to be made to the Servicer with respect to the Collection
Period. The Servicer, however, will account to the Owner Trustee, the Indenture Trustee, the Noteholders and the Certificateholders
as if all deposits, distributions and transfers were made individually.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
5.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Transfer of Certificates</U>. In the event any Certificateholder
shall wish to transfer such Certificate, the Depositor shall provide to such Certificateholder and any prospective transferee
designated by such Certificateholder information regarding the Certificates and the Receivables 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 Securities Act, pursuant to the exemption from registration provided by Rule 144A.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE
VI</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE
DEPOSITOR</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
6.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Representations of Depositor</U>. The Depositor makes the following
representations on which the Issuing Entity is deemed to have relied in acquiring the Receivables. The representations speak as
of the Closing Date, and shall survive the sale of the Receivables to the Issuing Entity and the pledge thereof to the Indenture
Trustee pursuant to the Indenture.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;<U>Organization
and Good Standing</U>. The Depositor is duly organized and validly existing as a limited liability company in good standing under
the laws of the State of Delaware, with the requisite power and authority to own its properties and to conduct its business as
such properties are currently owned and such business is presently conducted, and had</FONT> at all relevant times, and has, the
requisite power, authority and legal right to acquire and own the Receivables.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>Due
Qualification</U>. The Depositor is duly qualified to do business as a foreign limited liability company in good standing, and
has obtained all necessary material licenses and approvals, in all jurisdictions in which the ownership or lease of property or
the conduct of its business shall require such qualifications, except where the failure to be so qualified or to have obtained
such licenses or approvals would not have a material adverse effect on the Depositor&#8217;s earnings, business affairs or business
prospects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;<U>Power
and Authority</U>. The Depositor has the requisite power and authority to execute and deliver this Agreement and to carry out
its terms; the Depositor has full power and authority to sell and assign the property to be sold and assigned to and deposited
with the Issuing Entity, and the Depositor shall have duly authorized such sale and assignment to the Issuing Entity by all necessary
action; and the execution, delivery and performance of this Agreement has been duly authorized by the Depositor by all necessary
action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>Binding
Obligation</U>. This Agreement constitutes a legal, valid and binding obligation of the Depositor enforceable against the Depositor
in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or other similar laws, now or hereafter in effect, affecting the enforcement of creditors&#8217; rights in general,
and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Violation</U>. The consummation of the transactions contemplated by this Agreement and the fulfillment of the terms hereof do
not (i) conflict with, result in any breach of any of the terms and provisions of, or constitute (with or without notice or lapse
of time) a default under, the limited liability company agreement or bylaws of the Depositor; (ii) breach, conflict with or violate
any of the material terms or provisions of, or constitute (with or without notice or lapse of time) a default under, any indenture,
agreement or other instrument to which the Depositor is a party or by which it is bound; (iii) result in the creation or imposition
of any Lien upon any of its properties pursuant to the terms of any such indenture, agreement or other instrument (other than
pursuant to this Agreement and the Basic Documents); or, (iv) to the best of the Depositor&#8217;s knowledge, violate any order,
rule or regulation applicable to the Depositor of any court or of any federal or state regulatory body, administrative agency
or other governmental instrumentality having jurisdiction over the Depositor or its properties except, in the case of <U>clauses
(ii)</U>, <U>(iii)</U> and <U>(iv)</U>, for such breaches, defaults, conflicts, liens or violations that would not have a material
adverse effect on the Depositor&#8217;s earnings, business affairs or business prospects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Proceedings</U>. To the Depositor&#8217;s best knowledge, there are no proceedings or investigations pending or threatened before
any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor
or its properties: (i) asserting the invalidity of this Agreement, the Indenture or any of the other Basic Documents, the Notes
or the Certificates, (ii) seeking to prevent the issuance of the Notes or the Certificates or the consummation of any of the transactions
contemplated by this Agreement, the Indenture or any of the other Basic Documents, (iii) seeking any determination or ruling that
could reasonably be expected to materially and adversely affect the performance by the Depositor of its obligations under, or
the validity or enforceability of, this Agreement, the Indenture, any of the other Basic Documents, the Notes or the Certificates
or (iv) which could reasonably be expected to adversely affect the U.S. federal or state income tax attributes of the Notes or
the Certificates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>All
Consents</U>. All authorizations, licenses, consents, orders or approvals of, or registrations or declarations with, any court,
regulatory body, administrative agency or other government instrumentality required to be obtained, effected or given by the Depositor
in connection with the execution and delivery by the Depositor of this Agreement or any of the Basic Documents to which it is
a party and the performance by the Depositor of the transactions contemplated by this Agreement or any of the Basic Documents
to which it is a party, have been duly obtained, effected or given and are in full force and effect, except where failure to obtain
the same would not have a material adverse effect upon the rights of the Trust, the Noteholders or the Certificateholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
6.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Limited Liability Company Existence</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;During
the term of this Agreement, the Depositor will keep in full force and effect its existence, rights and franchises as a limited
liability company under the laws of the jurisdiction of its formation and will obtain and preserve its qualification to do business
in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement,
the Basic Documents and each other instrument or agreement necessary or appropriate to the proper administration of this Agreement
and the transactions contemplated hereby. In addition, all transactions and dealings between the Depositor and its Affiliates
will be conducted on an arm&#8217;s-length basis.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;During
the term of this Agreement, the Depositor shall observe the applicable legal requirements for the recognition of the Depositor
as a legal entity separate and apart from its affiliates, including the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Depositor shall maintain limited liability company records and books of account separate from those of its affiliates;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as otherwise provided in this Agreement, the Depositor shall not commingle its assets and funds with those of its affiliates;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Depositor shall hold such appropriate meetings of its Board of Directors as are necessary to authorize all the Depositor&#8217;s
limited liability company actions required by law to be authorized by the Board of Directors, shall keep minutes of such meetings
and observe all other customary limited liability company formalities (and any successor Depositor not a limited liability company
shall observe similar procedures in accordance with its governing documents and applicable law); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Depositor shall at all times hold itself out to the public under the Depositor&#8217;s own name as a legal entity separate and
distinct from its affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
6.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Liability of Depositor; Indemnities</U>. The Depositor shall be
liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;The
Depositor shall indemnify, defend and hold harmless the Issuing Entity, the Owner Trustee, the Indenture Trustee and the Servicer
and any of the officers, directors, employees and agents of the Issuing Entity, the Owner Trustee and the Indenture Trustee from
and against any taxes that may at any time be asserted against any such Person with respect to the transactions contemplated herein
and in the Basic Documents, including any sales, gross receipts, general corporation, tangible personal property, privilege or
license taxes (but, in the case of the Issuing Entity, not including any taxes asserted with respect to, and as of the date of,
the sale of the Receivables to the Issuing Entity or the issuance and original sale of the Certificates and the Notes, or asserted
with respect to ownership of the Receivables, or federal or other income taxes arising out of distributions on the Certificates
or the Notes) and costs and expenses in defending against the same.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;The
Depositor shall indemnify, defend and hold harmless the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Certificateholders
and the Noteholders and any of the officers, directors, employees and agents of the Issuing Entity, the Owner Trustee and the
Indenture Trustee from and against any loss, liability or reasonable and documented expense incurred by reason of the Depositor&#8217;s
willful misconduct, bad faith or negligence (except for errors in judgment) in the performance of its duties under this Agreement,
or by reason of reckless disregard of its obligations and duties under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;The
Depositor shall indemnify, defend and hold harmless the Owner Trustee and the Indenture Trustee and their respective officers,
directors, employees and agents from and against all reasonable and documented cost and expense, and all other losses, claims,
damages and liabilities arising out of or incurred in connection with the acceptance or performance of the trusts and duties herein
and in the Trust Agreement, in the case of the Owner Trustee, and in the Indenture, in the case of the Indenture Trustee, except
to the extent that such cost, expense, loss, claim, damage or liability: (i) in the case of the Owner Trustee, shall be due to
the willful misconduct, bad faith or negligence (except for errors in judgment) of the Owner Trustee or, in the case of the Indenture
Trustee, shall be due to the willful misconduct, bad faith or negligence (except for errors in judgment) of the Indenture Trustee
or (ii) in the case of the Owner Trustee, shall arise from the breach by the Owner Trustee of any of its representations or warranties
set forth in Section 7.03 of the Trust Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;The
Depositor shall pay any and all taxes levied or assessed upon all or any part of the Owner Trust Estate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnification
under this section shall survive the resignation or removal of the Owner Trustee or the Indenture Trustee and the termination
or assignment of this Agreement and the Trust Agreement and shall include reasonable and documented fees and expenses of counsel
and expenses of litigation (including without limitation, any legal fees, costs and expenses incurred in connection with any enforcement
(including any action, claim, or suit brought) by an indemnified party of any indemnification or other obligation of the Depositor).
If the Depositor shall have made any indemnity payments pursuant to this Section and the Person to or on behalf of whom such payments
are made thereafter shall collect any of such amounts from others, such Person shall promptly repay such amounts to the Depositor,
without interest.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
anything to the contrary contained in this Agreement or any other document, the obligations of the Depositor under this <U>Section
6.03 </U>and Section 7.5 of the Depositor&#8217;s Limited Liability Company Agreement are solely the company obligations of the
Depositor and shall be payable by it (x) solely from funds distributed to it in its capacity as Certificateholder available pursuant
to, and in accordance with, the payment priorities set forth in <U>Section 5.06</U> of this Agreement and (y) only to the extent
that it receives additional funds designated for such purposes or to the extent it has additional funds available (other than
funds described in preceding <U>clause (x)</U>). In addition, no amount owing by the Depositor hereunder or under Section 7.5
of its Limited Liability Company Agreement in excess of the liabilities that it is required to pay in accordance with the preceding
sentence shall constitute a &#8220;claim&#8221; (as defined in Section 101(5) of the Bankruptcy Code) against it. No recourse
shall be had for the payment of any amount owing hereunder or under Section 7.5 of the Depositor&#8217;s Limited Liability Company
Agreement or any other obligation of, or claim against, the Depositor, arising out of or based upon this <U>Section 6.03 </U>or
under Section 7.5 of its Limited Liability Company Agreement against any employee, officer, agent, directed or authorized person
of the Depositor; <U>provided</U>, <U>however</U>, that the foregoing shall not relieve any such person or entity of any liability
they might otherwise have as a result of fraudulent actions or omissions taken by them.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
6.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Merger or Consolidation of, or Assumption of Obligations of
Depositor</U>. Any Person (a) into which the Depositor may be merged or consolidated, (b) which may result from any merger or
consolidation to which the Depositor shall be a party or (c) which may succeed to the properties and assets of the Depositor substantially
as a whole, which Person in any of the foregoing cases executes an agreement of assumption to perform every obligation of the
Depositor under this Agreement, shall be the successor to the Depositor hereunder without the execution or filing of any document
or any further act by any of the parties to this Agreement; <U>provided</U>, <U>however</U>, that (i) immediately after giving
effect to such transaction, no representation or warranty made pursuant to <U>Section 3.01(a)</U> or <U>(b)</U> shall have been
breached and no Servicer Default in respect of the Depositor under <U>Section 8.01(b)</U> or <U>(c)</U> shall have occurred and
be continuing, and no event that, after notice or lapse of time, or both, would become a Servicer Default in respect of the Depositor
under <U>Section 8.01(b)</U> or <U>(c)</U> shall have occurred and be continuing, (ii) the Depositor shall have delivered to the
Owner Trustee and the Indenture Trustee an Officers&#8217; Certificate stating that such consolidation, merger or succession and
such agreement of assumption comply with this Section and that all conditions precedent, if any, provided for in this Agreement
relating to such transaction have been complied with, (iii) the Rating Agency Condition shall have been satisfied with respect
to such transaction and (iv) the Depositor shall have delivered to the Owner Trustee and the Indenture Trustee an Opinion of Counsel
either (A) stating that, in the opinion of such counsel, all financing statements and continuation statements and amendments thereto
have been filed that are necessary fully to preserve and protect the interest of the Owner Trustee and Indenture Trustee, respectively,
in the Receivables and reciting the details of such filings, or (B) stating that, in the opinion of such counsel, no such action
shall be necessary to preserve and protect such interests. Notwithstanding anything herein to the contrary, (a) the execution
of the foregoing agreement of assumption and compliance with <U>clauses (i)</U>, <U>(ii)</U>, <U>(iii)</U> and <U>(iv)</U> above
shall be conditions to the consummation of the transactions referred to in <U>clause (a)</U>, <U>(b)</U> or <U>(c)</U> above and
(b) the Depositor may transfer its rights under this Agreement in accordance with <U>Section 10.04</U> hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
6.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Limitation on Liability of Depositor and Others</U>. The Depositor
and any director, officer, employee or agent of the Depositor may rely in good faith on the advice of counsel or on any document
of any kind, prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Depositor
shall not be under any obligation to appear in, prosecute or defend any legal action that shall not be incidental to its obligations
under this Agreement, and that in its opinion may involve it in any expense or liabili</FONT>ty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 6.06<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Depositor May Own Notes</U>. The Depositor and any Affiliate thereof may in its individual or any other capacity become
the owner or pledgee of Notes with the same rights as it would have if it were not the Depositor or an Affiliate thereof, except
as expressly provided herein or in any Basic Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 6.07<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Security Interest</U>. During the term of this Agreement, the Depositor will not take any action to assign the security
interest in any Financed Vehicle other than pursuant to the Basic Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE VII</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">THE SERVICER</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 7.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Representations of Servicer</U>. The Servicer makes the following representations on which the Issuing Entity is deemed
to have relied in acquiring the Receivables. The representations speak as of the Closing Date, and shall survive the sale of the
Receivables from time to time to the Issuing Entity and the pledge thereof to the Indenture Trustee pursuant to the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Organization and Good Standing</U>. The Servicer is duly organized and validly existing as a corporation in good standing
under the laws of the state of its incorporation, with the corporate power and authority to own its properties and to conduct its
business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and has,
the corporate power, authority and legal right to acquire, own, sell and service the Receivables and to hold the Receivable Files
as custodian.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>Due
Qualification</U>. The Servicer is duly qualified to do business as a foreign corporation in good standing, and has obtained all
necessary material licenses and approvals, in all jurisdictions in which the ownership or lease of property or the conduct of
its business (including the servicing of the Receivables as required by this Agreement) shall require such qualifications, except
where the failure to be so qualified or to have obtained such licenses or approvals would not have a material adverse effect on
the Servicer&#8217;s earnings, business affairs or business prospects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>Power
and Authority</U>. The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its
terms; and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary
corporate action.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>Binding
Obligation</U>. This Agreement constitutes a legal, valid and binding obligation of the Servicer enforceable against the Servicer
in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or other similar laws, now or hereafter in effect, affecting the enforcement of creditors&#8217; rights in general,
and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Violation</U>. The consummation of the transactions contemplated by this Agreement and the fulfillment of the terms hereof do
not (i) conflict with, result in any breach of any of the terms and provisions of, or constitute (with or without notice or lapse
of time) a default under, the articles of incorporation or bylaws of the Servicer; (ii) breach, conflict with or violate any of
the material terms or provisions of, or constitute (with or without notice or lapse of time) a default under, any indenture, agreement
or other instrument to which the Servicer is a party or by which it is bound; (iii) result in the creation or imposition of any
Lien upon any of its properties pursuant to the terms of any such indenture, agreement or other instrument (other than pursuant
to this Agreement and the Basic Documents); or, (iv) to the best of the Servicer&#8217;s knowledge, violate any order, rule or
regulation applicable to the Servicer of any court or of any federal or state regulatory body, administrative agency or other
governmental instrumentality having jurisdiction over the Servicer or its properties except, in the case of <U>clauses (ii)</U>,
<U>(iii)</U> and <U>(iv)</U>, for such breaches, defaults, conflicts, liens or violations that would not have a material adverse
effect on the Servicer&#8217;s earnings, business affairs or business prospects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Proceedings</U>. To the Servicer&#8217;s best knowledge, there are no proceedings or investigations pending or threatened before
any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer
or its properties: (i) asserting the invalidity of this Agreement, the Indenture, any of the other Basic Documents, the Notes
or the Certificates, (ii) seeking to prevent the issuance of the Notes or the Certificates or the consummation of any of the transactions
contemplated by this Agreement, the Indenture or any of the other Basic Documents, (iii) seeking any determination or ruling that
could reasonably be expected to materially and adversely affect the performance by the Servicer of its obligations under, or the
validity or enforceability of, this Agreement, the Indenture, any of the other Basic Documents, the Notes or the Certificates
or (iv) relating to the Servicer and which could reasonably be expected to adversely affect the U.S. federal or state income tax
attributes of the Notes or the Certificates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;<U>Approvals</U>.
All approvals, licenses, authorizations, consents, orders or other actions of any person, corporation or other organization, or
of any court, governmental agency or body or official, required in connection with the execution and delivery of this Agreement
have been or will be taken or obtained on or prior to the Closing Date, except where failure to obtain the same would not have
a material adverse effect upon the rights of the Depositor, the Trust, the Noteholders or the Certificateholders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 7.02<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Indemnities of Servicer</U>. The Servicer shall be liable in accordance herewith only to the extent of the obligations
specifically undertaken by the Servicer under this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;The Servicer shall indemnify, defend and hold harmless the Issuing Entity, the Owner Trustee, the Indenture Trustee, the
Noteholders, the Certificateholders and the Depositor and any of the officers, directors, employees and agents of the Issuing Entity,
the Owner Trustee and the Indenture Trustee from and against any and all reasonable and documented costs and expenses, and all
other losses, damages, claims and liabilities arising out of or resulting from the use, ownership or operation by the Servicer
or any Affiliate thereof of a Financed Vehicle.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;The
Servicer shall indemnify, defend and hold harmless the Issuing Entity, the Owner Trustee, the Indenture Trustee, the
Depositor, the Certificateholders and the Noteholders and any of the officers, directors, employees and agents of the Issuing
Entity, the Owner Trustee and the Indenture Trustee from and against any and all costs, expenses, losses, claims, damages and
liabilities to the extent that such cost, expense, loss, claim, damage or liability arose out of, or was imposed upon any
such Person through, the willful misconduct, bad faith or negligence (except for errors in judgment) of the Servicer in the
performance of its duties under this Agreement or by reason of reckless disregard of its obligations and duties under this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">For purposes of this
Section, in the event of the termination of the rights and obligations of World Omni (or any successor thereto pursuant to <U>Section
7.03</U>) as Servicer pursuant to <U>Section 8.01</U>, or a resignation by such Servicer pursuant to this Agreement, such Servicer
shall be deemed to be the Servicer pending appointment of a successor Servicer (other than the Indenture Trustee) pursuant to <U>Section
8.02</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Indemnification under
this section shall survive the resignation or removal of the Owner Trustee or the Indenture Trustee or the termination or assignment
of this Agreement and the Trust Agreement and shall include reasonable fees and expenses of counsel and expenses of litigation
(including without limitation any legal fees, costs and expenses incurred in connection with any enforcement (including any action,
claim, or suit brought) by an indemnified party of any indemnification or other obligation of the Servicer). If the Servicer shall
have made any indemnity payments pursuant to this Section and the Person to or on behalf of whom such payments are made thereafter
collects any of such amounts from others, such Person shall promptly repay such amounts to the Servicer, without interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 7.03<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Merger or Consolidation of, or Assumption of Obligations of, Servicer</U>. The Servicer shall not consolidate with or
merge into any other corporation or convey or transfer its properties and assets substantially as an entirety to any Person, unless:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the entity formed by such consolidation or into which the Servicer is merged or the Person which acquires by conveyance
or transfer the properties and assets of the Servicer substantially as an entirety shall be an entity organized and existing under
the laws of the United States of America or the District of Columbia and, if the Servicer is not the surviving entity, such entity
shall assume, without the execution or filing of any paper or further act on the part of any of the parties hereto, the performance
of every covenant and obligation of the Servicer hereunder; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;the Servicer has delivered to the Owner Trustee and the Indenture Trustee and Officer&#8217;s Certificate and an Opinion
of Counsel each stating that such consolidation, merger, conveyance or transfer will comply with this <U>Section 7.03</U> and that
all conditions precedent herein provided for relating to such transaction have been complied with.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The Servicer shall provide
notice of any merger, consolidation or succession pursuant to this <U>Section 7.03</U> to the Rating Agencies, the Owner Trustee,
the Depositor and the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 7.04<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U>Limitation
on Liability of Servicer and Others</U>. Neither the Servicer nor any of the directors, officers, employees or agents of the
Servicer shall be under any liability to the Issuing Entity, the Noteholders or the Certificateholders, except as provided
under this Agreement, for any action taken or for refraining from the taking of any action pursuant to this Agreement or for
errors in judgment; <U>provided</U>, <U>however</U>, <U>that</U> this provision shall not protect the Servicer or any such
person against any liability that would otherwise be imposed by reason of willful misconduct, bad faith or negligence in the
performance of duties or by reason of reckless disregard of obligations and duties under this Agreement. The Servicer and any
director, officer, employee or agent of the 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 under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Except as provided in
this Agreement, the Servicer shall not be under any obligation to appear in, prosecute or defend any legal action that shall not
be incidental to its duties to service the Receivables in accordance with this Agreement and that in its opinion may involve it
in any expense or liability; <U>provided</U>, <U>however</U>, <U>that</U> the Servicer may undertake any reasonable action that
it may deem necessary or desirable in respect of this Agreement and the Basic Documents and the rights and duties of the parties
to this Agreement and the Basic Documents and the interests of the Certificateholders under this Agreement and the Noteholders
under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 7.05<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>World Omni Not To Resign as Servicer</U>. Subject to the provisions of <U>Section 7.03</U>, World Omni shall not resign
from the obligations and duties hereby imposed on it as Servicer under this Agreement except upon a determination that the performance
of its duties under this Agreement shall no longer be permissible under applicable law and cannot be cured. Notice of any such
determination permitting the resignation of World Omni shall be communicated to the Owner Trustee and the Indenture Trustee at
the earliest practicable time (and, if such communication is not in writing, shall be confirmed in writing at the earliest practicable
time) and any such determination shall be evidenced by an Opinion of Counsel to such effect delivered to the Owner Trustee and
the Indenture Trustee concurrently with or promptly after such notice. No such resignation shall become effective until the Indenture
Trustee or a successor Servicer shall have assumed the responsibilities and obligations of World Omni in accordance with <U>Section
8.02</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE VIII</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">DEFAULT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 8.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Servicer Default</U>. Any one of the following events shall constitute a default by the Servicer (a &#8220;<U>Servicer
Default</U>&#8221;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;any
failure by the Servicer to deliver to the Indenture Trustee for deposit in any of the Trust Accounts or distribution to the Certificateholders
any required payment or to direct the Indenture Trustee to make any required distributions therefrom, which failure continues
unremedied for a period of five Business Days after written notice of such failure is received by the Servicer from the Owner
Trustee or the Indenture Trustee or after discovery of such failure by an officer of the Servicer; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp; </FONT>failure by the Servicer or, if the Servicer is an affiliate of the Depositor, the Depositor, as the case may
be, duly to observe or to perform in any material respect any other covenants or agreements of the Servicer or the Depositor
(as the case may be) set forth in this Agreement or any other Basic Document, which failure shall (i) materially and
adversely affect the rights of Certificateholders or Noteholders and (ii) continue unremedied for a period of 60 days after
the date on which written notice of such failure, requiring the same to be remedied, shall have been given (A) to the
Servicer or the Depositor (as the case may be) by the Owner Trustee or the Indenture Trustee or (B) to the Servicer or the
Depositor (as the case may be), and to the Owner Trustee and the Indenture Trustee by the Holders of the Notes evidencing at
least a majority of the Outstanding Amount of the Controlling Securities and the Holders (as defined in the Trust Agreement)
of Certificates evidencing at least a majority of the percentage interest of the Certificates; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the occurrence of an Insolvency Event with respect to the Servicer or, if the Servicer is an affiliate of the Depositor,
the Depositor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Notwithstanding the foregoing,
a delay in or failure of performance referred to under <U>clause (a)</U> above for a period of ten Business Days or referred to
under <U>clause (b)</U> for a period of 90 Business Days, shall not constitute a Servicer Default if such delay or failure could
not be prevented by the exercise of reasonable diligence by the Servicer and was caused by an act of God or other similar occurrence.
Upon the occurrence of any such event, the Servicer shall not be relieved from using its best efforts to perform its obligations
in a timely manner in accordance with the terms of this Agreement and the Servicer shall provide the Indenture Trustee, the Owner
Trustee, the Noteholders and the Certificateholders prompt notice of such failure or delay by it, together with a description of
its efforts to so perform its obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">So long as the
Servicer Default shall not have been remedied or stayed by the application of the above paragraph, either the Indenture
Trustee or the Holders of the Notes evidencing at least a majority of the Outstanding Amount of the Controlling Securities,
by notice then given in writing to the Servicer (and to the Indenture Trustee and the Owner Trustee if given by the
Noteholders) may terminate all the rights and obligations (other than the obligations set forth in <U>Section 7.02</U>
hereof) of the Servicer under this Agreement. On or after the receipt by the Servicer of such written notice, all authority
and power of the Servicer under this Agreement, whether with respect to the Notes, the Certificates or the Receivables or
otherwise, shall, without further action, pass to and be vested in the Indenture Trustee or such successor Servicer as may be
appointed under <U>Section 8.02</U>; and, without limitation, the Indenture Trustee and the Owner Trustee are hereby
authorized and empowered to execute and deliver, for the benefit of the predecessor 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
Receivables and related documents, or otherwise. The predecessor Servicer shall cooperate with the successor Servicer, the
Indenture Trustee and the Owner Trustee in effecting the termination of the responsibilities and rights of the predecessor
Servicer under this Agreement, including the transfer to the successor Servicer for administration by it of all cash amounts
that shall at the time be held by the predecessor Servicer for deposit, or shall thereafter be received by it with respect to
any Receivable. Further, in such event, the Servicer shall use commercially reasonable efforts to effect the orderly and
efficient transfer of the servicing of the Receivables to the successor Servicer, and as promptly as practicable, the
Servicer shall provide to the successor Servicer a current computer tape containing all information from the Receivables
Files required for the proper servicing of the Receivables, together with the documentation containing any and all
information necessary for the use of the tape. All reasonable and documented costs and expenses (including attorneys&#8217;
fees) incurred in connection with transferring the Receivable Files to the successor Servicer and amending this Agreement to
reflect such succession as Servicer pursuant to this section shall be paid by the predecessor Servicer upon presentation of
reasonable documentation of such costs and expenses. Upon receipt of notice of the occurrence of a Servicer Default, the
Owner Trustee shall give notice thereof to the Depositor who promptly shall provide such notice to the Rating Agencies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 8.02<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Appointment of Successor</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Upon the Servicer&#8217;s receipt of notice of termination pursuant to <U>Section 8.01</U> or the Servicer&#8217;s resignation
in accordance with the terms of this Agreement, the predecessor Servicer shall continue to perform its functions as Servicer under
this Agreement, in the case of termination, only until the date specified in such termination notice or, if no such date is specified
in a notice of termination, until receipt of such notice and, in the case of resignation, until the later of (i) the date 45 days
from the delivery to the Owner Trustee and the Indenture Trustee of written notice of such resignation (or written confirmation
of such notice) in accordance with the terms of this Agreement and (ii) the date upon which the predecessor Servicer shall become
unable to act as Servicer, as specified in the notice of resignation and accompanying Opinion of Counsel. In the event of the Servicer&#8217;s
termination hereunder, the Indenture Trustee shall appoint a successor Servicer, and the successor Servicer shall accept its appointment
by a written assumption in form acceptable to the Owner Trustee and the Indenture Trustee. In the event that a successor Servicer
has not been appointed at the time when the predecessor Servicer has ceased to act as Servicer in accordance with this Section,
the Indenture Trustee without further action shall automatically be appointed the successor Servicer and the Indenture Trustee
shall be entitled to the Servicing Fee. Notwithstanding the above, the Indenture Trustee shall, if it shall be unwilling or legally
unable so to act, appoint or petition a court of competent jurisdiction to appoint any established institution, having a net worth
of not less than $100,000,000 and whose regular business shall include the servicing of automotive receivables, as the successor
to the Servicer under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;Upon
appointment, the successor Servicer (including the Indenture Trustee acting as successor Servicer) shall be the successor in all
respects to the predecessor Servicer and shall be subject to all the responsibilities, duties and liabilities arising thereafter
relating thereto placed on the predecessor Servicer and shall be entitled to the Servicing Fee and all the rights granted to the
predecessor Servicer by the terms and provisions of this Agreement. The successor Servicer shall not be liable for any actions
or inactions of the predecessor Servicer. Notwithstanding anything to the contrary contained herein or in the Basic Documents,
if the Indenture Trustee shall act as Successor Servicer, it shall not, in any event have obligations (i) with respect to the
repurchase of the Receivables, (ii) to pay any fees, expenses and other amounts owing to the Administrator, or (iii) to pay any
indemnities owed by the Servicer to another party under the Basic Documents (other than those resulting from the actions or inactions
of the Indenture Trustee as successor Servicer).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;The
successor Servicer may not resign unless it is prohibited from serving as such by law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
8.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Notification to Noteholders and Certificateholders</U>. Upon
any termination of, or appointment of a successor to, the Servicer pursuant to this <U>Article VIII</U>, the Indenture Trustee
shall give prompt written notice thereof to Noteholders, the Certificateholders and the Depositor who promptly shall provide such
notice to the Rating Agencies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
8.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver of Past Defaults</U>. The Holders of Notes evidencing
at least a majority of the Outstanding Amount of the Controlling Securities may, on behalf of all Noteholders, waive in writing
any default by the Servicer in the performance of its obligations hereunder and its consequences, except a default in making any
required deposits to or payments from any of the Trust Accounts or to the Certificateholders in accordance with this Agreement.
Upon any such waiver of a past default, such default shall cease to exist, and any Servicer 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 thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
8.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Payment of Servicing Fees</U>. If the Servicer shall change,
the predecessor Servicer shall be entitled to receive any accrued and unpaid Servicing Fees through the date of such Successor
Servicer&#8217;s acceptance hereunder in accordance with <U>Section 4.08</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARTICLE
IX</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TERMINATION</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Optional Purchase of All Receivables</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;On
the Payment Date immediately following (and on each Payment Date thereafter) the last day of any Collection Period as of which
the then outstanding aggregate Principal Balance of the Receivables is 10% or less of the Aggregate Starting Principal Balance,
the Servicer shall have the option to purchase the Owner Trust Estate, other than the Trust Accounts. To exercise such option,
the Servicer shall deposit pursuant to <U>Section 5.05</U> in the Collection Account an amount equal to the aggregate Purchase
Amount for the Receivables (including Defaulted Receivables), and shall succeed to all interests in and to the Trust. Notwithstanding
the foregoing, the Servicer shall not be permitted to exercise such option unless the amount to be deposited in the Collection
Account pursuant to the preceding sentence is greater than or equal to the sum of the Outstanding Amount of the Notes, all accrued
but unpaid interest (including any overdue interest and premium) thereon and all amounts owing by the Issuing Entity to the Asset
Representations Reviewer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;As
described in Article IX of the Trust Agreement, notice of any termination of the Trust shall be given by the Servicer to the Owner
Trustee and the Indenture Trustee as soon as practicable after the Servicer has received notice thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;Following
the satisfaction and discharge of the Indenture and the payment in full of the principal of and interest on the Notes, the Certificateholders
will succeed to the rights of the Noteholders hereunder other than <U>Section 5.07(b)</U> and the Owner Trustee will succeed to
the rights of, but not the obligations of, the Indenture Trustee pursuant to th</FONT>is Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE X</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">MISCELLANEOUS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.01<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Amendment</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement may be amended by the Depositor, the Servicer and the Issuing Entity, with the consent of the Indenture Trustee, but
without the consent of any of the Noteholders or the Certificateholders, to cure any ambiguity or to correct or supplement any
provisions in this Agreement (including to further prevent or help avoid the application to the Notes or Certificates of the Treasury
Regulations (or other interpretive guidance) issued under Section 385 of the Code) or 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 Noteholders or the Certificateholders; <U>provided</U> that such amendments require: (i) satisfaction of the Rating Agency
Condition or (ii) an Officer&#8217;s Certificate of the Servicer delivered to the Issuing Entity, the Owner Trustee and the Indenture
Trustee stating that the amendment will not materially and adversely affect the interest of any Noteholder or Certificateholder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement may also be amended from time to time by the Depositor, the Servicer and the Issuing Entity, with the consent of the
Indenture Trustee, the consent of Holders of Notes evidencing at least a majority of the Outstanding Amount of the Controlling
Securities (unless (i) the interests of the Noteholders are not affected materially and adversely, as evidenced by an Officer&#8217;s
Certificate of the Servicer to that effect delivered to the Indenture Trustee by the Depositor or (ii) satisfaction of the Rating
Agency Condition) and the consent of the Holders (as defined in the Trust Agreement) of Certificates evidencing at least a majority
of the percentage interest of the Certificates (unless (i) the interests of the Certificateholders are not affected materially
and adversely and (ii) an Officer&#8217;s Certificate of the Servicer to that effect is delivered to the Owner Trustee by the
Depositor) 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 Noteholders or the Certificateholders; <U>provided</U>, <U>however</U>,
that no such amendment shall (a) change the date of payment of any installment of principal of or interest on any Note, or reduce
the principal amount thereof, (b) change the provisions of this Sale and Servicing Agreement relating to the application of collections
on, or the proceeds of the sale of, the Trust Estate to payment of principal of or interest on the Notes or (c) reduce the consent
percentages in this sentence, without the consent of the Holders of all outstanding Notes and the Holders (as defined in the Trust
Agreement) of all the outstanding Certificates affected thereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;Promptly
after the execution of any such amendment or consent, the Servicer shall furnish written notification of the substance of such
amendment or consent to each Certificateholder, the Indenture Trustee, the Owner Trustee and each of the Rating Agencies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;It
shall not be necessary for the consent of Certificateholders or Noteholders pursuant to this Section to approve the particular
form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the execution of any amendment to this Agreement, the Owner Trustee, on behalf of the Issuing Entity, and the Indenture Trustee
shall be entitled to receive and conclusively rely upon an Opinion of Counsel stating that the execution of such amendment is
authorized or permitted by this Agreement and that all conditions precedent thereto have been satisfied, and the Opinion of Counsel
referred to in <U>Section 10.02(h)(A)</U>. The Owner Trustee and the Indenture Trustee may, but shall not be obligated to, enter
into any such amendment which affects the Owner Trustee&#8217;s or the Indenture Trustee&#8217;s, as applicable, own rights, duties
or immunities under this Agreement or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
10.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>Protection of Title to Trust</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;The
Depositor shall file such financing statements and cause to be filed such continuation statements, all in such manner and in such
places as may be required by law fully to preserve, maintain and protect the interest of the Issuing Entity and of the Indenture
Trustee in the Receivables and in the proceeds thereof. The Depositor hereby authorizes the filing of such financing statements
and hereby ratifies any such financing statements filed prior to the date hereof. The Depositor shall deliver (or cause to be
delivered) to the Owner Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as
provided above, as soon as available following such filing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Depositor nor the Servicer shall change its name, identity or corporate structure in any manner that could reasonably be expected
to make any financing statement or continuation statement filed in accordance with <U>paragraph (a)</U> above seriously misleading
within the meaning of Section 9-506 of the UCC, unless it shall have given the Owner Trustee and the Indenture Trustee at least
five days&#8217; prior written notice thereof and shall have promptly filed appropriate amendments to all previously filed financing
statements or continuation statements.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Depositor and the Servicer shall have an obligation to give the Owner Trustee and the Indenture Trustee at least 60 days&#8217;
prior written notice of any relocation of its principal executive office or a change in its jurisdiction of organization if, as
a result of such relocation or change in its jurisdiction of organization, the applicable provisions of the UCC would require
the filing of any amendment of any previously filed financing or continuation statement or of any new financing statement and
shall promptly file any such amendment or new financing statement. The Servicer shall at all times maintain each office from which
it shall service Receivables, and its principal executive office, within the United States of America.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;The
Servicer shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit (i) the reader
thereof to know at any time the status of such Receivable, including payments and recoveries made and payments owing (and the
nature of each) and (ii) reconciliation between payments or recoveries on (or with respect to) each Receivable and the amounts
from time to time deposited in the Collection Account in respect of such Receivable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;The
Servicer shall maintain its computer systems so that, within five (5) Business Days from and after the time of sale under this
Agreement of the Receivables, the Servicer&#8217;s master computer records (including any backup archives) that refer to a Receivable
shall indicate clearly that such Receivable has been sold to the Issuing Entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;If
at any time the Depositor or the Servicer shall propose to sell, grant a security interest in, or otherwise transfer any interest
in automotive receivables to any prospective purchaser, lender or other transferee, the Servicer shall give to such prospective
purchaser, lender or other transferee computer tapes, records or printouts (including any restored from backup archives) that,
if they shall refer in any manner whatsoever to any Receivable, shall indicate clearly that such Receivable has been sold and
is owned by the Issuing Entity and has been pledged to the Indenture Trustee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&nbsp;&nbsp;&nbsp;&nbsp;Upon
request, the Servicer shall furnish to the Owner Trustee or to the Indenture Trustee, within five Business Days, a list of all
Receivables (by contract number and name of Obligor) then held as part of the Trust.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)&nbsp;&nbsp;&nbsp;&nbsp;The
Servicer shall deliver to the Owner Trustee and the Indenture Trustee:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(A)
promptly after the execution and delivery of this Agreement, an Opinion of Counsel stating that, in the opinion of such counsel,
either (1) all financing statements and continuation statements have been filed that are necessary fully to preserve and protect
the interest of the Trust and the Indenture Trustee in the Receivables, and reciting the details of such filings or referring
to prior Opinions of Counsel in which such details are given, or (2) no such action shall be necessary to preserve and protect
such interest other than any action necessary (as of the date of such opinion) to be taken in the following year to preserve and
protect such interest; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(B)&nbsp;
on or before March 31, in each calendar year, beginning in 2022, an Opinion of Counsel, dated as of a date during such 90-day
period, stating that, in the opinion of such counsel, either (1) all financing statements and continuation statements have been
filed that are necessary fully to preserve and protect the interest of the Trust and the Indenture Trustee in the Receivables,
and reciting the details of such filings or referring to prior Opinions of Counsel in which such details are given, or (2) no
such action shall be necessary to preserve and protect such interest other than any action necessary (as of the date of such opinion)
to be taken in the following year to preserve and protect such interest.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each
Opinion of Counsel referred to in <U>clause (A)(2)</U> or <U>(B)(2)</U> above shall specify any action necessary (as of the date
of such opinion) to be taken in the following year to preserve and protect such interest.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;The
Depositor shall, to the extent required by applicable law, cause the Notes to be registered with the Commission pursuant to Section
12(b) or Section 12(g) of the Exchange Act within the time periods specified in such sections.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Servicer shall deliver to the Owner Trustee and the Indenture Trustee, prior to any change in the location of the Receivable Files,
an Opinion of Counsel stating that, in the opinion of such counsel, either (i) all financing statements and continuation statements
have been filed that are necessary fully to preserve and protect the interest of the Trust and the Indenture Trustee in the Receivables,
and reciting the details of such filings or referring to prior Opinions of Counsel in which such details are given, or (ii) no
such action shall be necessary to preserve and protect such interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.03<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Notices</U>. All demands, deliveries, notices, communications and instructions upon or to the Depositor, the Servicer,
the Owner Trustee, the Indenture Trustee or the Rating Agencies under this Agreement shall be by facsimile, in writing, personally
delivered or mailed by certified mail, return receipt requested, and shall be deemed to have been duly given upon receipt or by
electronic mail (if designated by such party to the other parties) (a) in the case of the Depositor, to World Omni Auto Receivables
LLC, 250 Jim Moran Boulevard, Deerfield Beach, Florida 33442, Telecopy: (954) 429-2685, Attention: Treasurer, (b) in the case of
the Servicer, World Omni Financial Corp., 250 Jim Moran Boulevard, Deerfield Beach, Florida 33442, Telecopy: (954) 429-2685, Attention:
Treasurer, (c) in the case of the Issuing Entity or the Owner Trustee, at its Corporate Trust Office, Telecopy: (866) 807-8670,
Email: christopher.nuxoll@usbank.com, (d) in the case of the Indenture Trustee, at its Corporate Trust Office, Telecopy: (646)
452-2001, Email: CTNY1@unionbank.com, and (e) in the case of the Rating Agencies, to the Depositor who promptly shall post such
notice to the website maintained by the Depositor for notifications to nationally recognized statistical rating organizations;
or, as to each of the foregoing, at such other address or electronic mail address as shall be designated by written notice to the
other parties; <U>provided</U>, <U>that</U>, so long as World Omni is the Servicer, the Servicer&#8217;s obligation to deliver
or provide any demand, delivery, notice, communication or instruction (including the Servicer&#8217;s Certificate) to any Person
other than a Noteholder shall be satisfied by the Servicer making such demand, delivery, notice, communication or instruction available
at https://via.intralinks.com/, or such other website or distribution service or provider as the Servicer shall designate by written
notice to the other parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.04<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Assignment by the Depositor or the Servicer</U>. Notwithstanding anything to the contrary contained herein, except as
provided in the remainder of this Section, as provided in <U>Sections 6.04</U> and <U>7.03</U> herein and as provided in the provisions
of this Agreement concerning the resignation of the Servicer, this Agreement may not be assigned by the Depositor or the Servicer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.05<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Limitations on Rights of Others</U>. The provisions of this Agreement are solely for the benefit of the Depositor, the
Servicer, the Issuing Entity, the Owner Trustee, the Certificateholders, the Indenture Trustee and the Noteholders, and nothing
in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy
or claim in the Owner Trust Estate or under or in respect of this Agreement or any covenants, conditions or provisions contained
herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.06<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Severability</U>. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions
hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision
in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section
10.07<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp; </FONT><U>Separate
Counterparts; Electronic Signatures</U>. This Agreement may be executed by the parties hereto in separate counterparts, each
of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and
the same instrument. Each of the parties agree that this Agreement and any other documents to be delivered in connection
herewith may be electronically signed, that any digital or electronic signatures (including pdf, facsimile or electronically
imaged signatures provided by DocuSign or any other digital signature provider) appearing on this Agreement or such other
documents are the same as handwritten signatures for the purposes of validity, enforceability and admissibility, and that
delivery of any such electronic signature to, or a signed copy of, this Agreement and such other documents may be made by
facsimile, email or other electronic transmission; provided, however, that upon the request of the Indenture Trustee, any
electronic signature delivered pursuant to this Section 10.07 shall be followed with a manually executed, original
counterpart within a reasonable period of time following such request, to the extent such manually executed, original
counterpart shall be required by applicable law or a regulatory body having supervisory authority over the Indenture Trustee.
The Indenture Trustee and Owner Trustee shall not be liable for, and shall be indemnified and held harmless under the
applicable Basic Document against any loss, liability or expense arising out of the use of electronic or digital signatures
and electronic methods of submission with respect to this Agreement, the Basic Documents and any documents or notices
delivered to the Indenture Trustee or Owner Trustee pursuant to this Agreement or the related documents, including the risk
of the Indenture Trustee or Owner Trustee acting on any unauthorized instructions and the risk of interception and misuse by
third parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.08<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Headings</U>. The headings of the various Articles and Sections herein are for convenience of reference only and shall
not define or limit any of the terms or provisions hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.09<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Governing Law</U>. This Agreement shall be construed in accordance with the laws of the State of New York, without regard
to any otherwise applicable conflict of law provisions, and the obligations, rights and remedies of the parties hereunder shall
be determined in accordance with such laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.10<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Assignment by Issuing Entity</U>. Each of World Omni and the Depositor hereby acknowledges and consents to any mortgage,
pledge, assignment and grant of a security interest by the Issuing Entity to the Indenture Trustee pursuant to the Indenture for
the benefit of the Noteholders of all right, title and interest of the Issuing Entity in, to and under the Receivables and/or the
assignment of any or all of the Issuing Entity&#8217;s rights and obligations hereunder to the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.11<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Nonpetition Covenants</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>Notwithstanding any prior termination of this Agreement, the Servicer and the Depositor shall not, prior to the date which
is one year and one day after the termination of this Agreement with respect to the Issuing Entity, acquiesce, petition or otherwise
invoke or cause the Issuing Entity to invoke the process of any court or government authority for the purpose of commencing or
sustaining a case against the Issuing Entity under any federal or state bankruptcy, insolvency or similar law, or appointing a
receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity or any substantial
part of their property, or ordering the winding up or liquidation of the affairs of the Issuing Entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp; </FONT>Notwithstanding
any prior termination of this Agreement, the Servicer, solely in its capacity as a creditor of the Depositor, shall not,
prior to the date which is one year and one day after the termination of this Agreement with respect to the Depositor,
acquiesce, petition or otherwise invoke the process of any court or government authority for the purpose of commencing or
sustaining an involuntary case against the Depositor under any federal or state bankruptcy, insolvency or similar law, or
appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Depositor or
any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Depositor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>In the event that any Person (other than the Depositor) is deemed, under applicable law by any court or other authority
of competent jurisdiction, to have an interest in any assets of the Depositor or any Affiliate of the Depositor other than the
beneficial interest in the Trust (&#8220;<U>other assets</U>&#8221;), the parties to this Agreement acknowledge and agree that:
(i) such Person&#8217;s claim is against the assets of the Trust and the Trust Estate only, (ii) such Person&#8217;s claim against
any other assets shall be, and hereby is, subject and subordinate in all respects to the rights of other Persons to whom rights
in the other assets have been expressly granted (&#8220;<U>entitled Persons</U>&#8221;), including to the payment in full of all
amounts owing to such entitled Persons, and (iii) the covenant set forth in the preceding <U>clause (ii)</U> constitutes a &#8220;subordination
agreement&#8221; within the meaning of, and subject to, Section 510(a) of the Bankruptcy Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.12<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><U>Limitation of Liability of Owner Trustee and Indenture Trustee</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by the Trustee
Bank, not individually or personally but solely as Owner Trustee, in the exercise of the powers and authority conferred and vested
in it under the Trust Agreement, (ii) each of the representations, undertakings and agreements herein made on the part of the Issuing
Entity is made and intended not as personal representations, undertakings and agreements by the Trustee Bank, but is made and intended
for the purpose of binding only the Issuing Entity, (iii) nothing herein contained shall be construed as creating any liability
on the Trustee Bank, individually or personally, to perform any covenant of the Issuing Entity, either expressed or implied, contained
herein, all such liability of the Trustee Bank in its individual or personal capacity, if any, being expressly waived by the parties
hereto and by any person claiming by, through or under the parties hereto, (iv) the Trustee Bank has made no investigation into
the accuracy or completeness of any representations or warranties made by the Issuing Entity in this Agreement, and (v) under no
circumstances shall the Trustee Bank be personally liable for the payment of any indebtedness or expenses of the Issuing Entity
under this Agreement or any other related documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>Notwithstanding anything contained herein to the contrary, this Agreement has been accepted by MUFG Union Bank, N.A., not
in its individual capacity but solely as Indenture Trustee and in no event shall MUFG Union Bank, N.A. have any liability for the
representations, warranties, covenants, agreements or other obligations of the Issuing Entity hereunder or in any of the certificates,
notices or agreements delivered pursuant hereto, as to all of which recourse shall be had solely to the assets of the Issuing Entity.
For all purposes of this Agreement, the Indenture Trustee shall be entitled to all rights, privileges, benefits, protections, immunities,
and indemnities provided to it under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.13<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;&nbsp;&nbsp;
</FONT><U>Regulation AB</U>. The Depositor and the Servicer acknowledge and agree that the purpose of this <U>Section 10.13</U>
is to facilitate compliance by the Depositor with the provisions of Regulation AB and the related rules and regulations of the
Commission. The Depositor shall not exercise its right to request delivery of information or other performance under these provisions
other than in good faith, or for purposes other than compliance with the Securities Act, the Exchange Act and the rules and regulations
of the Commission under the Securities Act and the Exchange Act. The Servicer acknowledges 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 the Servicer agrees to comply
with all reasonable requests made by the Depositor in good faith for delivery of information and shall deliver (and shall cause
each of its Reporting Subcontractors to deliver) to the Depositor all information and certifications reasonably required by the
Depositor to comply with its Exchange Act reporting obligations, including with respect to any of its predecessors or successors.
The obligations of a servicer to provide such information shall survive the removal or termination of such servicer as Servicer
hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Section 10.14<FONT STYLE="font: 10pt Times New Roman, Times, Serif; color: red">&nbsp;&nbsp;&nbsp;
</FONT><U>Notices to the Rating Agencies</U>. If World Omni is no longer the Servicer, the successor Servicer shall provide any
required Rating Agency notices under this Agreement to the Depositor, who promptly shall provide such notices to the Rating Agencies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
the parties hereto have caused this Agreement to be duly executed by their respective officers as of the day and year first above
written.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">WORLD OMNI AUTO RECEIVABLES TRUST 2021-A</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">By: U.S. BANK TRUST NATIONAL</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">ASSOCIATION, not in its individual capacity but solely as Owner Trustee</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 4%; text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 46%"></TD>
</TR>               <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">Name:</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">Title:</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">WORLD OMNI AUTO RECEIVABLES LLC,</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">as Depositor</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 4%; text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 46%"></TD>
</TR>               <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">Name:</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">Title:</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">WORLD OMNI FINANCIAL CORP., as Servicer,</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">and, with respect to <U>Sections 3.01 and 3.02</U>, individually</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 4%; text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 46%"></TD>
</TR>               <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">Name:</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">Title:</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">Acknowledged and agreed to as of the day</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">and year first above written:</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">MUFG UNION BANK, N.A.,</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 50%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">not in its individual capacity but solely as</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">Indenture Trustee</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 4%; text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 46%"></TD>
    <TD STYLE="width: 50%">&nbsp;</TD>
</TR>               <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">Name:</TD><TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">Title:</TD><TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Schedule of Receivables</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Documents on file at:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Kirkland &amp; Ellis LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">300 North LaSalle Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Chicago, IL 60654&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Sch. A</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE B</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Location of Receivable Files</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">World Omni Financial Corp.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">6150 Omni Park Drive</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Mobile, AL 36609</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RecordMax LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">2051 West I-65 Service Rd. N.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Mobile, AL 36618</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">HP Enterprise Services LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">5400 Legacy Dr</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Plano, TX 75024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RouteOne LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">31500 Northwestern Hwy Ste 200</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Farmington Hills, MI 48334</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 50; Options: NewSection; Value: 50 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Sch. B</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXHIBIT A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Form of Distribution Statement to Noteholders </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">World Omni Financial Corp.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">World Omni Auto Receivables Trust 2021&#45;A Payment Date Statement
to Noteholders</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Total Available Funds</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 15%">Class A-1 Notes: </TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 85%">($_______ per $1,000 original principal amount)</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">Class A-2 Notes: </TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">($_______ per $1,000 original principal amount)</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">Class A-3 Notes: </TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">($_______ per $1,000 original principal amount)</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">Class A-4 Notes: </TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">($_______ per $1,000 original principal amount)</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">Class B Notes: </TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">($_______ per $1,000 original principal amount)</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">Class C Notes: </TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">($_______ per $1,000 original principal amount)</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Outstanding Amount</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Class A-1 Notes<BR>
Class A-2 Notes<BR>
Class A-3 Notes<BR>
Class A-4 Notes<BR>
Class B Notes<BR>
Class C Notes<BR>
<BR>
Note Pool Factor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Class A-1 Notes<BR>
Class A-2 Notes<BR>
Class A-3 Notes<BR>
Class A-4 Notes<BR>
Class B Notes<BR>
Class C Notes<BR>
<BR>
Servicing Fee<BR>
Servicing Fee Per $1,000 Note<BR>
<BR>
Reserve Account Balance</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex. A</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXHIBIT B</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Form of Servicer&#8217;s Certificate</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 7%">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; width: 93%">World Omni Financial Corp.</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="padding-left: 10pt; text-indent: -10pt">World Omni Auto Receivables Trust 2021&#45;A Monthly Servicer&#8217;s Certificate</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 77%; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>World Omni Auto Receivables Trust 2021&#45;A</B></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Monthly Servicer Certificate</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>mm/dd/yyyy</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Dates Covered</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Collections Period</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Accrual Period</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">30/360 Days</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Actual/360 Days</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Distribution Date</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 77%"><B>Collateral Pool Balance Data</B></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center; width: 10%"><B><U>$ Amount</U></B></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 10%"><B><U># of Accounts</U></B></TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Pool Balance at mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Yield Supplement Overcollateralization Amount at mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Receivables Balance at mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Payments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Defaulted Receivables</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Repurchased Accounts</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Yield Supplement Overcollateralization Amount at mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Pool Balance at mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Pool Statistics</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center"><B><U>$ Amount</U></B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right"><B><U># of Accounts</U></B></TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Pool Factor</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Prepayment ABS Speed</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Aggregate Starting Principal Balance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Pre-Funding Contracts added mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Delinquent Receivables:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Past Due 31-60 days</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Past Due 61-90 days</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Past Due 91-120 days</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Past Due 121 + days</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;Total&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex B-1</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 77%">Total 31+ Delinquent as % Ending Pool Balance</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total 61+ Delinquent as % Ending Pool Balance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Delinquency Trigger Occurred</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">[Yes/No]</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Recoveries</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Aggregate Net Losses/(Gains) - mm/yyyy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ratio of Net Loss to the Receivables Balance</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">as of beginning of Collection period (Annualized)</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Current Net Loss Ratio</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Prior Period Net Loss Ratio</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Second Prior Period Net Loss Ratio</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Third Prior Period Net Loss Ratio</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Four Month Average</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Cumulative Net Loss as a % of Aggregate Starting Principal Balance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1.5pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1.5pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Overcollateralization Target Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Actual Overcollateralization</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Weighted Average APR</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Weighted Average APR, Yield Adjusted</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Weighted Average Remaining Term </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Flow of Funds</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center"><B>$ Amount</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Collections</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Investment Earnings on Cash Accounts</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Servicing Fee</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Transfer to Collection Account</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Available Funds</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Distributions of Available Funds</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;&nbsp;(1) Asset Representation Reviewer Amounts (up to $150,000 per calendar year)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;Class A Interest</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;Noteholders&#8217; First Priority Principal Distributable Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;&nbsp;Class B Interest</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;&nbsp;(5)&nbsp;&nbsp;Noteholders&#8217; Second Priority Principal Distributable Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex B-2</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 87%">&nbsp;&nbsp;&nbsp;(6)&nbsp;&nbsp;Class C Interest</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;(7)&nbsp;&nbsp;Noteholders&#8217; Third Priority Principal Distributable Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;(8)&nbsp;&nbsp;Required Reserve Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;(9) &nbsp;Noteholders&#8217; Principal Distributable Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;(10)&nbsp;&nbsp;Asset Representation Reviewer Amounts (in excess of 1)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;&nbsp;&nbsp;(11)&nbsp;&nbsp;Distribution to Certificateholders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Distributions of Available Funds</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Servicing Fee</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Unpaid Servicing Fee</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Change in amount of Unpaid Servicing Fee from the prior period</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Note Balances &amp; Note Factors</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center"><B>$ Amount</B></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Original Class A</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Original Class B</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Original Class C</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Total Class A, B &amp; C</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class A-1</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Factor @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class A-2</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Factor @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex B-3</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 87%"><B>Class A-3</B></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Factor @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class A-4</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Factor @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class B</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Factor @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class C</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy </TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Balance @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Note Factor @ mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Interest &amp; Principal Payments</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center"><B>$ Amount</B></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class A-1</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Coupon</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid to A-1 Holders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class A-2</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Coupon</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid to Class A-2 Holders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex B-4</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 87%"><B>Class A-3</B></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P></TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Coupon</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid to A-3 Holders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class A-4</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Coupon</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid to A-4 Holders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class B</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Coupon</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid to B Holders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Class C</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Coupon</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Interest Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Principal Paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Paid to C Holders</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Distribution per $1,000 of Notes</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Interest Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center"><B>Total</B></TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-1 Interest Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-1 Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-1 Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total A-1 Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex B-5&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 87%">A-2 Interest Distribution Amount</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; width: 1%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-2 Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-2 Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Total A-2 Distribution Amount</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-3 Interest Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-3 Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-3 Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total A-3 Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1.5pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-4 Interest Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-4 Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">A-4 Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total A-4 Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1.5pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">B Interest Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">B Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">B Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total B Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">C Interest Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">C Interest Carryover Shortfall</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">C Principal Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Total C Distribution Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Noteholders&#8217; First Priority Principal Distributable Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Noteholders&#8217; Second Priority Principal Distributable Amount</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Noteholders&#8217; Third Priority Principal Distributable Amount</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Noteholders&#8217; Principal Distributable Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Account Balances</B></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: center"><B>$ Amount</B></TD>
    <TD STYLE="padding: 0.85pt 0.85pt 1pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="padding: 0.85pt 0.85pt 1pt; white-space: nowrap">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt"><B>Reserve Account</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Balance as of mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Investment Earnings</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Investment Earnings paid</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Deposit (Withdrawal)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Balance as of mm/dd/yy</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Change</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">Required Reserve Amount</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-top: 0.85pt; padding-right: 0.85pt; padding-left: 0.85pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">Ex B-6</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Split-Segment; Name: 04 -->
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-weight: normal">EXHIBIT
C</FONT><BR>
<BR>
Form of SSA Assignment</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">As of February 10,
2021, for value received, in accordance with the Sale and Servicing Agreement, dated as of the date hereof (the &#8220;<U>Sale
and Servicing Agreement</U>&#8221;), among World Omni Auto Receivables LLC, a Delaware limited liability company (the &#8220;<U>Depositor</U>&#8221;),
World Omni Auto Receivables Trust 2021&#45;A (the &#8220;<U>Issuing Entity</U>&#8221;) and World Omni Financial Corp., a Florida
corporation (the &#8220;<U>Servicer</U>&#8221;), as acknowledged and accepted by MUFG Union Bank, N.A., as Indenture Trustee, the
Depositor does hereby sell, assign, transfer and otherwise convey unto the Issuing Entity, <U>without recourse</U>, all right,
title and interest of the Depositor in, to and under (a) the Receivables identified on the Schedule of Receivables attached hereto
having an Aggregate Starting Principal Balance of $1,157,521,164.95 and all monies received thereon and in respect thereof after
the Cutoff Date; (b) the security interests in, and the liens on, the Financed Vehicles granted by Obligors in connection with
the Receivables and any other interest of the Depositor in such Financed Vehicles; (c) any proceeds with respect to the Receivables
from claims on any physical damage, credit life or disability insurance policies covering such Financed Vehicles or Obligors; (d)
any Financed Vehicle that shall have secured an Receivable and shall have been acquired by or on behalf of the Depositor, the Servicer
or the Trust; (e) all funds on deposit in, and &#8220;financial assets&#8221; (as such term is defined in the Uniform Commercial
Code as from time to time in effect) credited to, the Trust Accounts, including the Reserve Account, from time to time, including
the Reserve Account Initial Deposit, and in all investments and proceeds thereof (including all income thereon); (f) the Receivables
Purchase Agreement; (g) all &#8220;accounts,&#8221; &#8220;chattel paper,&#8221; &#8220;general intangibles&#8221; and &#8220;promissory
notes&#8221; (as such terms are defined in the Uniform Commercial Code as from time to time in effect) constituting or relating
to the foregoing; and (h) the proceeds of any and all of the foregoing; <U>provided</U>, <U>however</U>, <U>that</U> the foregoing
<U>items (a)</U> through <U>(h)</U> shall not include the Notes and Certificates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The foregoing sale
does not constitute and is not intended to result in any assumption by the Issuing Entity of any obligation of the undersigned
to the Obligors, Dealers, insurers or any other Person in connection with the Receivables, the agreements with Dealers, any insurance
policies or any agreement or instrument relating to any of them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This SSA Assignment
is made pursuant to and upon the representations, warranties and agreements on the part of the undersigned contained in the Sale
and Servicing Agreement and is to be governed by the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Capitalized terms used
herein and not otherwise defined shall have the meaning assigned to them in the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">* * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the
undersigned has caused this SSA Assignment to be duly executed as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">WORLD OMNI AUTO RECEIVABLES LLC</P>

</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 46%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name:</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title:</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.75in"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">APPENDIX A<BR>
<BR>
PART I - DEFINITIONS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All terms used in this Appendix shall have
the defined meanings set forth in this <U>Part I</U> when used in the Basic Documents, unless otherwise defined therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Accredited
Investor</U>&rdquo; has the meaning assigned in <U>Section 2.04(e)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Act of the
Noteholders</U>&rdquo; has the meaning specified in <U>Section&nbsp;11.03(a)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Administration
Agreement</U>&rdquo; means the Administration Agreement, dated as of the Closing Date, among the Administrator, the Issuing Entity,
the Depositor and the Indenture Trustee, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Administrator</U>&rdquo;
means World Omni, or any successor Administrator under the Administration Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>ADR Organization</U>&rdquo;
means <FONT STYLE="background-color: white">The American Arbitration Association</FONT> or, if <FONT STYLE="background-color: white">The
American Arbitration Association</FONT> no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as
applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by World Omni.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>ADR Rules</U>&rdquo;
means the relevant rules of the ADR Organization for mediation (including non-binding arbitration) or binding arbitration, as applicable,
of commercial disputes in effect at the time of the mediation or arbitration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Affiliate</U>&rdquo;
means, with respect to any specified Person, any other Person controlling or controlled by or under common control with such specified
Person. For the purposes of this definition, &ldquo;control&rdquo; when used with respect to any Person means the power to direct
the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract
or otherwise; and the terms &ldquo;controlling&rdquo; and &ldquo;controlled&rdquo; have meanings correlative to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; color: Black">&ldquo;<U>Aggregate
Starting Principal Balance</U>&rdquo; means as of any date of determination, the aggregate of the Starting Principal Balances
of the Receivables as of the Cutoff Date, which is equal to the Initial Aggregate Starting Principal Balance</FONT><FONT STYLE="text-underline-style: double; color: blue">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Amount Financed</U>&rdquo;
means, with respect to a Receivable, the amount advanced under the Receivable toward the purchase price of the Financed Vehicle,
warranty or insurance premium and any related costs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Annual Percentage
Rate</U>&rdquo; or &ldquo;<U>APR</U>&rdquo; of a Receivable means the annual rate of finance charges stated in the related Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Applicable
Law</U>&rdquo; shall have the meaning assigned to such term in <U>Section&nbsp;6.02(m)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Asset Representations
Review Agreement</U>&rdquo; shall mean the Asset Representations Review Agreement, dated as of the Closing Date, among World Omni,
as servicer, the Issuing Entity and the Asset Representations Reviewer, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Asset Representations
Reviewer</U>&rdquo; means Clayton Fixed Income Services LLC, as asset representations reviewer under the Asset Representations
Review Agreement, or any successor Asset Representations Reviewer under the Asset Representations Review Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Assignment</U>&rdquo;
shall mean any RPA Assignment or SSA Assignment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Authorized
Officer</U>&rdquo; means, with respect to the Owner Trustee, any officer of the Owner Trustee or other Person who is authorized
to act for the Owner Trustee in matters relating to the Issuing Entity (including any agent of the Owner Trustee acting under a
power of attorney) and, with respect to the Issuing Entity, any Authorized Officer of the Owner Trustee or, so long as the Administration
Agreement is in effect, the president, any vice president, treasurer, assistant treasurer, secretary or assistant secretary of
the Administrator who is authorized to act for the Administrator in matters relating to the Issuing Entity and to be acted upon
by the Administrator pursuant to the Administration Agreement and who is identified on the list of Authorized Officers delivered
by the Administrator to the Indenture Trustee on the Closing Date (as such list may be modified or supplemented from time to time
thereafter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Available
Funds</U>&rdquo; means, with respect to any Payment Date, (1) the sum of the following amounts, without duplication, with respect
to the Receivables in respect of the Collection Period preceding such Payment Date: (a) all collections on Receivables, (b) all
Recoveries, (c) the Purchase Amount of each Receivable that became a Purchased Receivable as of the last day of the related Collection
Period, (d) partial prepayments relating to refunds of warranty or insurance financed by the respective Obligor thereon as part
of the original contract and only to the extent not included under <U>clause (a)</U> above, (e) Investment Earnings for the related
Payment Date, (f) any Collection Account Redeposits for the related Payment Date, (g) all amounts received from the Indenture Trustee
pursuant to <U>Section 5.04</U> of the Indenture <U>minus</U> (2) the Servicing Fee and other amounts payable to the Servicer pursuant
to <U>Section 4.08</U> of the Sale and Servicing Agreement for the related Payment Date (unless the Servicer elects to defer part
or all of such fee); <U>provided</U>, <U>however</U>, <U>that</U> in calculating Available Funds all payments and proceeds of any
Purchased Receivables the Purchase Amount of which has been included in Available Funds in a prior Collection Period shall be excluded.
Available Funds for each Payment Date will not include, and the amount of Available Funds will not be reduced by, the amount of
any Supplemental Servicing Fees. Amounts withdrawn from the Reserve Account may not be used to pay the Servicing Fee or any other
fees and expenses of the Servicer for so long as World Omni or an Affiliate of World Omni is the Servicer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Basic Documents</U>&rdquo;
means the Indenture, the Certificate of Trust, the Trust Agreement, the Sale and Servicing Agreement, the Receivables Purchase
Agreement, the Administration Agreement, the Note Depository Agreement, the Asset Representations Review Agreement and other documents
and certificates delivered in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Book&#45;Entry
Notes</U>&rdquo; means, to the extent they are not Definitive Notes, a beneficial interest in the Class A-1 Notes, Class A-2
Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes, ownership and transfers of which shall be made
through book entries by a Clearing Agency as described in <U>Section&nbsp;2.11 </U>of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Business
Day</U>&rdquo; means any day other than (i) a Saturday or a Sunday or (ii) a day on which banking institutions or trust companies
in the State of Florida, the State of New York, the State of Delaware, the states in which the servicing offices of the Servicer
are located or the states in which the Corporate Trust Offices are located are required or authorized by law, regulation or executive
order to be closed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Certificate
of Trust</U>&rdquo; shall mean the Certificate of Trust in the form of <U>Exhibit&nbsp;B</U> to the Trust Agreement filed for the
Trust pursuant to Section&nbsp;3810(a) of the Delaware Statutory Trust Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Certificateholder</U>&rdquo;
shall mean a Person in whose name a Trust Certificate is registered in the Certificate Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Certificate
Register</U>&rdquo; and &ldquo;<U>Certificate Registrar</U>&rdquo; shall mean the register mentioned in and the registrar appointed
pursuant to <U>Section&nbsp;3.04</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Certificates</U>&rdquo;
means the Trust Certificates issued by the Issuing Entity pursuant to the Trust Agreement in form and substance attached as <U>Exhibit
A</U> thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class</U>&rdquo;
means any one of the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes or the Class
C Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A Noteholders&rsquo;
Interest Carryover Shortfall</U>&rdquo; means, with respect to any Payment Date, the excess of the Class A Noteholders&rsquo; Interest
Distributable Amount for the preceding Payment Date, over the amount in respect of interest that was actually paid on the Class
A Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to holders of the Class A Notes
on the preceding Payment Date, to the extent permitted by law, at the respective interest rates borne by each Class of the Class
A Notes for the related Interest Accrual Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A Noteholders&rsquo;
Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, the sum of the Class A Noteholders&rsquo; Monthly
Interest Distributable Amount for such Payment Date and the Class A Noteholders&rsquo; Interest Carryover Shortfall for such Payment
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A Noteholders&rsquo;
Monthly Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, interest accrued for the related Interest
Accrual Period on each Class of Class A Notes at the respective interest rate for such Class on the Outstanding Amount of the Notes
of such Class on the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after
giving effect to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all
purposes of this Agreement and the Basic Documents, interest with respect to the Class A-2 Notes, the Class A-3 Notes and the Class
A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The interest due on these Classes
of notes on each Payment Date will be the product of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Outstanding Principal Balance of the related Class of Notes;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the related Interest Rate; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">30 (or, in the case of the initial Payment Date, 35) divided by 360.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Interest with respect
to the Class A-1 Notes shall be computed on the basis of the actual number of days in the related Interest Accrual Period and a
360-day year. The interest due on the Class A-1 Notes on each Payment Date will be the product of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Outstanding Principal Balance of the Class A-1 Notes;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Class A-1 Interest Rate; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the actual number of days from and including the previous Payment Date (or, in the case of the
initial Payment Date, since the Closing Date) to but excluding the current Payment Date divided by 360.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A Notes</U>&rdquo;
means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-1
Final Scheduled Payment Date</U>&rdquo; means the February 2022 Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-1
Interest Rate</U>&rdquo; means 0.13857% per annum computed on the basis of the actual number of days elapsed and on a 360 day year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-1
Noteholder</U>&rdquo; means the Person in whose name a Class&nbsp;A-1 Note is registered in the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-1
Notes</U>&rdquo; means the Class&nbsp;A-1 0.13857% Asset-Backed Notes, substantially in the form of <U>Exhibit&nbsp;A-1</U> to
the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-2
Final Scheduled Payment Date</U>&rdquo; means the February 2024 Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A-2
Interest Rate</U>&rdquo; means 0.17% per annum computed on the basis of a 360 day year of twelve 30 day months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A-2
Noteholder</U>&rdquo; means the Person in whose name a Class A-2 Note is registered in the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A-2
Notes</U>&rdquo; means the Class A-2 0.17% Asset-Backed Notes, substantially in the form of Exhibit A-2 to the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-3
Final Scheduled Payment Date</U>&rdquo; means the January 2026 Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-3
Interest Rate</U>&rdquo; means 0.30% per annum computed on the basis of a 360 day year of twelve 30 day months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-3
Noteholder</U>&rdquo; means the Person in whose name a Class&nbsp;A-3 Note is registered in the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A-3
Notes</U>&rdquo; means the Class&nbsp;A-3 0.30% Asset-Backed Notes, substantially in the form of <U>Exhibit&nbsp;A-3</U> to the
Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-4
Final Scheduled Payment Date</U>&rdquo; means the September 2026 Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-4
Interest Rate</U>&rdquo; means 0.48% per annum computed on the basis of a 360 day year of twelve 30 day months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class&nbsp;A-4
Noteholder</U>&rdquo; means the Person in whose name a Class&nbsp;A-4 Note is registered in the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class A-4
Notes</U>&rdquo; means the Class&nbsp;A-4 0.48% Asset-Backed Notes, substantially in the form of <U>Exhibit&nbsp;A-4</U> to the
Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Final
Scheduled Payment Date</U>&rdquo; means the December 2026 Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Interest
Rate</U>&rdquo; means 0.64% per annum computed on the basis of a 360 day year of twelve 30 day months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Noteholder</U>&rdquo;
means the Person in whose name a Class B Note is registered in the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Noteholders&rsquo;
Interest Carryover Shortfall</U>&rdquo; means, with respect to any Payment Date, the excess of the Class B Noteholders&rsquo; Interest
Distributable Amount for the preceding Payment Date, over the amount in respect of interest that was actually paid on the Class
B Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to holders of the Class B Notes
on the preceding Payment Date, to the extent permitted by law, at the interest rate borne by the Class B Notes for the related
Interest Accrual Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Noteholders&rsquo;
Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, the sum of the Class B Noteholders&rsquo; Monthly
Interest Distributable Amount for such Payment Date and the Class B Noteholders&rsquo; Interest Carryover Shortfall for such Payment
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Noteholders&rsquo;
Monthly Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, interest accrued for the related Interest
Accrual Period on the Class B Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on
the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect
to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this
Agreement and the Basic Documents, interest with respect to all Class B Notes shall be computed on the basis of a 360-day year
consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Outstanding Principal Balance of the Class B Notes;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Class B Interest Rate; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">30 (or, in the case of the initial Payment Date, 35) divided by 360.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 64 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class B Notes</U>&rdquo;
means the Class B 0.64% Asset-Backed Notes substantially in the form of <U>Exhibit B</U> to the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Final
Scheduled Payment Date</U>&rdquo; means the August 2027 Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Interest
Rate</U>&rdquo; means 0.89% per annum computed on the basis of a 360 day year of twelve 30 day months.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Noteholder</U>&rdquo;
means the Person in whose name a Class C Note is registered in the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Noteholders&rsquo;
Interest Carryover Shortfall</U>&rdquo; means, with respect to any Payment Date, the excess of the Class C Noteholders&rsquo; Interest
Distributable Amount for the preceding Payment Date, over the amount in respect of interest that was actually paid on the Class
C Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to holders of the Class C Notes
on the preceding Payment Date, to the extent permitted by law, at the interest rate borne by the Class C Notes for the related
Interest Accrual Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Noteholders&rsquo;
Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, the sum of the Class C Noteholders&rsquo; Monthly
Interest Distributable Amount for such Payment Date and the Class C Noteholders&rsquo; Interest Carryover Shortfall for such Payment
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Noteholders&rsquo;
Monthly Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, interest accrued for the related Interest
Accrual Period on the Class C Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on
the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect
to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this
Agreement and the Basic Documents, interest with respect to all Class C Notes shall be computed on the basis of a 360-day year
consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Outstanding Principal Balance of the Class C Notes;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">the Class C Interest Rate; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">30 (or, in the case of the initial Payment Date, 35) divided by 360.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Class C Notes</U>&rdquo;
means the Class C 0.89% Asset-Backed Notes substantially in the form of <U>Exhibit C</U> to the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Clearing
Agency</U>&rdquo; means an organization registered as a &ldquo;clearing agency&rdquo; pursuant to Section&nbsp;17A of the Exchange
Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Clearing
Agency Participant</U>&rdquo; means a broker, dealer, bank, other financial institution or other Person for whom from time to time
a Clearing Agency effects book&#45;entry transfers and pledges of securities deposited with the Clearing Agency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing Date</U>&rdquo;
shall mean February 10, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Code</U>&rdquo;
means the Internal Revenue Code of 1986, as amended from time to time, and Treasury Regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Code of Ethics
for Arbitrators in Commercial Disputes</U>&rdquo; means the The Code of Ethics for Arbitrators in Commercial Disputes of 1977,
as revised in 2003, and otherwise revised, modified, amended or supplemented from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Collateral</U>&rdquo;
has the meaning specified in the Granting Clause of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Collection
Account</U>&rdquo; means the account designated as such, established and maintained pursuant to <U>Section 5.01(a)(i)</U> of the
Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Collection
Account Redeposits</U>&rdquo; means, with respect to any Payment Date, amounts that would have been distributed to the Certificateholders
on the prior Payment Date but for the direction of the Certificateholders causing such amounts to remain on deposit in the Collection
Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Collection
Period</U>&rdquo; means, with respect to any Payment Date, the period from and including the first day of the calendar month immediately
preceding the calendar month in which such Payment Date occurs (or with respect to the initial Payment Date, from but excluding
the Cutoff Date) to and including the last day of the calendar month immediately preceding the calendar month in which such Payment
Date occurs. Any amount stated as of the last day of a Collection Period shall give effect to the following applications as determined
as of the close of business on such last day: (1) all applications of collections and (2) all distributions to be made on the related
Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Collections</U>&rdquo;
shall mean all amounts collected by the Servicer (from whatever source) on or with respect to the Receivables.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Commission</U>&rdquo;
means the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Contract</U>&rdquo;
means a motor vehicle retail installment sale contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Controlling
Securities</U>&rdquo; means (i) the Class A Notes so long as the Class A Notes are outstanding, (ii) after the Class A Notes are
no longer outstanding, the Class B Notes so long as the Class B Notes are outstanding and (iii) after the Class B Notes are no
longer outstanding, the Class C Notes so long as the Class C Notes are outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Corporate
Trust Office</U>&rdquo; means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
respect to the Indenture Trustee, (i) solely for purposes of registration, transfer or exchange of the Notes, 445 South
Figueroa Street, 8th Floor, Los Angeles, California 90071 and (ii) for all other purposes, the principal office of the
Indenture Trustee at which at any particular time its corporate trust business shall be administered which office at date of
the execution of the Indenture is located at 1251 Avenue of the Americas, 19<SUP>th</SUP> Floor, New York, New York 10020, or
at such other address or electronic mail address as the Indenture Trustee may designate from time to time by notice to the
Noteholders and the Issuing Entity, or the principal corporate trust office of any successor Indenture Trustee at the address
or electronic mail address designated by such successor Indenture Trustee by notice to the Noteholders and the Issuing
Entity; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0pt 0 0pt 0.5in; text-align: justify">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;with
respect to the Owner Trustee, the corporate trust office of the Owner Trustee located at U.S. Bank Trust National Association,
1011 Centre Road, Suite 203, Wilmington, Delaware 19805, Attn: World Omni Auto Receivables Trust 2021-A, with a copy to U.S. Bank
Trust National Association, Mail Code MK-IL-SL7R, 190 S. LaSalle Street, 7th Floor, Chicago, Illinois 60603, Attention: Global
Corp. Trust and Custody - World Omni Auto Receivables Trust 2021-A, Telecopy: (866) 807-8670, or at such other address or electronic
mail address as the Owner Trustee may designate by notice to the Certificateholders and the Depositor, or the principal corporate
trust office of any successor Owner Trustee at the address or electronic mail address designated by such successor Owner Trustee
by notice to the Certificateholders and the Depositor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Cutoff Date</U>&rdquo;
means the close of business on December 28, 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Dealer</U>&rdquo;
means the dealer who sold a Financed Vehicle and who originated and assigned the related Receivable to World Omni under an existing
agreement between such dealer and World Omni.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Debt Opinion</U>&rdquo;
has the meaning specified in <U>Section&nbsp;2.04(b)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Default</U>&rdquo;
means any occurrence that is, or with notice or the lapse of time or both would become, an Event of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Defaulted
Receivable</U>&rdquo; means a Receivable as to which (a) more than $40 of a scheduled payment is 120 or more days past due in accordance
with its terms, (b) the Servicer has either repossessed and liquidated the related Financed Vehicle or repossessed and held the
related Financed Vehicle in its repossession inventory for 45 days, whichever occurs first, or (c) the Servicer has, in accordance
with its customary servicing procedures, determined that eventual payment in full is unlikely and has charged off the remaining
Principal Balance. The Principal Balance of any Receivable that becomes a Defaulted Receivable will be deemed to be zero as of
the date it becomes a Defaulted Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Definitive
Notes</U>&rdquo; has the meaning specified in <U>Section&nbsp;2.11</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Delinquency
Percentage</U>&rdquo; means, for each Payment Date and the related Collection Period, the ratio (expressed as a percentage) of
(i) the aggregate Principal Balance of all Delinquent Receivables held by the Issuing Entity that are more than 60 days delinquent
to (ii) the aggregate Principal Balance of the Receivables, in each case, as of the last day of the related Collection Period,
after giving effect to all payments of principal received from obligors and Purchase Amounts to be remitted by the Servicer or
the Depositor, as the case may be, and after reduction to zero of the aggregate outstanding Principal Balance of any Receivable
that became a Defaulted Receivable during the related Collection Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Delinquency
Trigger</U>&rdquo; means 4.70%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Delinquent
Receivable</U>&rdquo; means a Receivable as to which more than $40 of a scheduled payment is past due, including a Receivable with
a bankrupt Obligor but excluding a Defaulted Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Delivery</U>&rdquo;
when used with respect to Trust Account Property means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>with
respect to bankers&rsquo; acceptances, commercial paper, negotiable certificates of deposit and other obligations that constitute
 &ldquo;instruments&rdquo; within the meaning of Section 9-102(a)(47) of the UCC and are susceptible of physical delivery, transfer
thereof to the Indenture Trustee or its nominee or custodian by physical delivery to the Indenture Trustee or its nominee or custodian
endorsed to, or registered in the name of, the Indenture Trustee or its nominee or custodian or endorsed in blank, and, with respect
to a certificated security (as defined in Section 8-102 of the UCC) transfer thereof (i) by delivery of such certificated security
endorsed to, or registered in the name of, the Indenture Trustee or its nominee or custodian or endorsed in blank to a financial
intermediary (as defined in Section 8-313 of the UCC) and the making by such financial intermediary of entries on its books and
records identifying such certificated securities as belonging to the Indenture Trustee or its nominee or custodian and the sending
by such financial intermediary of a confirmation of the purchase of such certificated security by the Indenture Trustee or its
nominee or custodian, or (ii) by delivery thereof to a &ldquo;clearing corporation&rdquo; (as defined in Section 8-102(3) of the
UCC) and the making by such clearing corporation of appropriate entries on its books reducing the appropriate securities account
of the transferor and increasing the appropriate securities account of a financial intermediary by the amount of such certificated
security, the identification by the clearing corporation of the certificated securities for the sole and exclusive account of
the financial intermediary, the maintenance of such certificated securities by such clearing corporation or a &ldquo;custodian
bank&rdquo; (as defined in Section 8-102(4) of the UCC) or the nominee of either subject to the clearing corporation&rsquo;s exclusive
control, the sending of a confirmation by the financial intermediary of the purchase by the Indenture Trustee or its nominee or
custodian of such securities and the making by such financial intermediary of entries on its books and records identifying such
certificated securities as belonging to the Indenture Trustee or its nominee or custodian (all of the foregoing, &ldquo;<U>Physical
Property</U>&rdquo;), and, in any event, any such Physical Property in registered form shall be in the name of the Indenture Trustee
or its nominee or custodian; and such additional or alternative procedures as may hereafter become appropriate to effect the complete
transfer of ownership of any such Trust Account Property (as defined herein) to the Indenture Trustee or its nominee or custodian,
consistent with changes in applicable law or regulations or the interpretation thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>with
respect to any securities issued by the U.S. Treasury, the Federal Home Loan Mortgage Corporation or by the Federal National Mortgage
Association that are book-entry securities held through the Federal Reserve System pursuant to Federal book-entry regulations,
the following procedures, all in accordance with applicable law, including applicable Federal regulations and Articles 8 and 9
of the UCC: book-entry registration of such Trust Account Property to an appropriate book-entry account maintained with a Federal
Reserve Bank by a financial intermediary which is also a &ldquo;depository&rdquo; pursuant to applicable Federal regulations and
issuance by such financial intermediary of a deposit advice or other written confirmation of such book-entry registration to the
Indenture Trustee or its nominee or custodian of the purchase by the Indenture Trustee or its nominee or custodian of such book-entry
securities; the identification by the Federal Reserve Bank of such book-entry securities on its record being credited to the financial
intermediary&rsquo;s Participant&rsquo;s securities account; the making by such financial intermediary of entries in its books
and records identifying such book-entry security held through the Federal Reserve System pursuant to Federal book-entry regulations
as being credited to the Indenture Trustee&rsquo;s securities account or custodian&rsquo;s securities account and indicating that
such custodian holds such Trust Account Property solely as agent for the Indenture Trustee or its nominee or custodian; and such
additional or alternative procedures as may hereafter become appropriate to effect complete transfer of ownership of any such
Trust Account Property to the Indenture Trustee or its nominee or custodian, consistent with changes in applicable law or regulations
or the interpretation thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>with
respect to any item of Trust Account Property that is an uncertificated security under Article 8 of the UCC and that is not governed
by clause (b) above, registration on the books and records of the issuer thereof in the name of the financial intermediary, the
sending of a confirmation by the financial intermediary of the purchase by the Indenture Trustee or its nominee or custodian of
such uncertificated security, the making by such financial intermediary of entries on its books and records identifying such uncertificated
certificates as belonging to the Indenture Trustee or its nominee or custodian.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Depositor</U>&rdquo;
means World Omni Auto Receivables LLC, a Delaware limited liability company, or its successors, in its capacity as Depositor under
certain of the Basic Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Eligible
Deposit Account</U>&rdquo; means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account
with the corporate trust department of a depository institution organized under the laws of the United States of America or any
one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers
and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall
have a credit rating of BBB or better by S&amp;P Global Ratings and of each Rating Agency in one of its generic rating categories
that signifies investment grade, except if rated by Fitch, the long-term unsecured debt of such depository institution shall have
a credit rating of F1 or A. Any such trust account may be maintained with the Owner Trustee, the Indenture Trustee or any of their
respective Affiliates, if such accounts meet the requirements described in clause (b) of the preceding sentence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Eligible
Institution</U>&rdquo; means</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the corporate trust
department of the Indenture Trustee, or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a depository
institution or trust company organized under the laws of the United States of America or any one of the states thereof, or
the District of Columbia (or any domestic branch of a foreign bank), which at all times (i) has either (A) a long-term
unsecured debt rating of F1 or A or better by Fitch, and AA or better by S&amp;P Global Ratings, or such other rating that is
acceptable to each Rating Agency or (B) a certificate of deposit rating of F1 or A by Fitch, and A-1+ by S&amp;P Global
Ratings, or such other rating that is acceptable to each Rating Agency and (ii) whose deposits are insured by the FDIC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Eligible
Investments</U>&rdquo; shall mean any of the following in each case with a required maturity date as set forth in <U>Section 5.01(b)</U>
of the Sale and Servicing Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>(i) direct obligations of, and obligations guaranteed as to full and timely payment of principal and interest by, the United
States or any agency or instrumentality of the United States the obligations of which are backed by the full faith and credit of
the United States (other than the Government National Mortgage Association), and (ii) direct obligations of, or obligations fully
guaranteed by, Fannie Mae or any State then rated with the highest available credit rating of Fitch (if rated by Fitch) and S&amp;P
Global Ratings, or such obligations, which obligations are, at the time of investment, otherwise acceptable to each Rating Agency
for securities having a rating at least equivalent to the rating of the Notes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>money
market deposit accounts, deposit accounts, certificates of deposit, demand or time deposits, savings deposits, bankers acceptances,
or federal funds, in each case as defined in Regulation D of the Board of Governors of the Federal Reserve System and issued by
or sold by or offered by, any domestic office of any commercial bank or any depository institution or trust company (including
the Indenture Trustee or the Owner Trustee or their successors) incorporated or organized under the laws of the United States
or any State thereof which has a combined capital and surplus and undivided profits of not less than $250,000,000 and the deposits
of which are insured by the FDIC to the full extent legally permitted, so long as at the time of such investment or contractual
commitment providing for such investment either such depository institution or trust company is an Eligible Institution (or has
a rating on commercial paper or other short term unsecured debt obligations of F1 or A by Fitch so long as Fitch is a Rating Agency)
or as to which the Rating Agency Condition is satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>repurchase obligations held by the Indenture Trustee with respect to (i) any security described in clause (a) above or (e)
below, or (ii) any other security issued or guaranteed by any agency or instrumentality of the United States, in either case entered
into with a federal agency or depository institution or trust company (including the Indenture Trustee) acting as principal, whose
obligations having the same maturity as that of the repurchase agreement would be Eligible Investments under clause (b) above;
<U>provided</U>, <U>however</U>, <U>that</U> repurchase obligations entered into with any particular depository institution or
trust company (including the Indenture Trustee or Owner Trustee) will not be Eligible Investments to the extent that the aggregate
principal amount of such repurchase obligations with such depository institution or trust company held by the Indenture Trustee
on behalf of the Trust shall exceed 10% of either the Pool Balance or the aggregate unpaid balance or face amount, as the case
may be, of all Eligible Investments held by the Indenture Trustee on behalf of the Trust;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT>securities
bearing interest or sold at a discount issued by any corporation incorporated under the laws of the United States or any
State so long as at the time of such investment or contractual commitment providing for such investment, either the
long&#45;term, unsecured debt of such corporation has the highest available credit rating from Fitch and S&amp;P Global
Ratings, or the Rating Agency Condition has been satisfied, or commercial paper or other short-term debt having the Required
Rating; <U>provided</U>, <U>however</U>, that any such commercial paper or other short-term debt may have a remaining term to
maturity of no longer than 30 days after the date of such investment or contractual commitment providing for such investment,
and that the securities issued by any particular corporation will not be Eligible Investments to the extent that investment
therein will cause the then outstanding principal amount or face amount, as the case may be, of securities issued by such
corporation and held by the Indenture Trustee on behalf of the Trust to exceed 10% of either the Pool Balance or the
aggregate unpaid principal balance or face amount, as the case may be, of all Eligible Investments held by the Indenture
Trustee on behalf of the Trust;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>interest
in any open-end or closed-end management type investment company or investment trust (i) registered under the Investment Company
Act of 1940, as amended, the portfolio of which is limited to the obligations of, or guaranteed by, the United States and to agreements
to repurchase such obligations, which agreements, with respect to principal and interest, are at least 100% collateralized by
such obligations marked to market on a daily basis and the investment company or investment trust shall take delivery of such
obligations either directly or through an independent custodian designated in accordance with the Investment Company Act and (ii)
acceptable to each Rating Agency (for which the Rating Agency Condition has been satisfied) as collateral for securities having
ratings equivalent to the ratings of the Notes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>guaranteed reinvestment agreements issued by any bank, insurance company or other corporation, so long as at the time of
such investment or contractual commitment providing for such investment either such bank, insurance company or other corporation
is an Eligible Institution (or has a rating on commercial paper or other short term unsecured debt obligations of F1 or A by Fitch
so long as Fitch is a Rating Agency) or as to which the Rating Agency Condition is satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>investments in Eligible Investments maintained in &ldquo;sweep accounts,&rdquo; short&#45;term asset management accounts
and the like utilized for the investment, on an overnight basis, of residual balances in investment accounts maintained at the
Indenture Trustee or any other depository institution or trust company organized under the laws of the United States or any state
that is a member of the FDIC, the short-term debt of which has the highest available credit rating of Fitch and S&amp;P Global
Ratings;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>guaranteed
investment contracts entered into with any financial institution having a final maturity of not more than one month from the date
of acquisition, the short&#45;term debt securities of which institution have the Required Rating;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>funds
classified as money market funds; <U>provided</U>, <U>however</U>, <U>that</U> the fund shall be rated with the highest available
credit rating of Fitch (if rated by Fitch or, if not rated by Fitch, an equivalent rating by Moody&rsquo;s Investors Service,
Inc.) and S&amp;P Global Ratings, and redemptions shall be permitted on a daily or next business day basis;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>auction rate securities issued with a rate reset mechanism and a maximum term of 30 days; <U>provided that</U> investment
will be limited to those issuers having the AAA credit rating of Fitch and S&amp;P Global Ratings;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>such other investments for which the Rating Agency Condition has been satisfied; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(l)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>for
the purposes of funds held in the Reserve Account only, in addition to the above requirements, such funds may only be invested
in Eligible Investments meeting the requirements of &sect;246.4(b)(2) of Regulation RR, as determined solely by the Servicer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything
to the contrary contained in the foregoing definition:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>no Eligible Investment may be repurchased at a premium;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>any of the foregoing which constitutes a certificated security shall not be considered an Eligible Investment unless:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in the case of a certificated security that is in bearer form, (A) the Indenture Trustee acquires physical possession of
such certificated security, or (B) a person, other than a securities intermediary, acquires possession of such certificated security
on behalf of the Indenture Trustee; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>in the case of a certificated security that is in registered form (A)(1) the Indenture Trustee acquires physical possession
of such certificated security, (2) a person, other than a securities intermediary, acquires possession of such certificated security
on behalf of the Indenture Trustee, or (3) a securities intermediary acting on behalf of the Indenture Trustee acquires possession
of such certificated security and such certificated security has been specially endorsed to the Indenture Trustee, and (B) (1)
such certificated security is endorsed to the Indenture Trustee or in blank by an effective endorsement, or (2) such certificated
security is registered in the name of the Indenture Trustee;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
of the foregoing that constitutes an uncertificated security shall not be considered an Eligible Investment unless (A) the Indenture
Trustee is registered by the issuer as the owner thereof, (B) a person, other than a securities intermediary, becomes the registered
owner of such uncertificated security on behalf of the Indenture Trustee, or (C) the issuer of such uncertificated security agrees
that it will comply with the instructions originated by the Indenture Trustee without further consent by any registered owner
of such uncertificated security;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
of the foregoing that constitutes a security entitlement shall not be considered an Eligible Investment unless (A) the Indenture
Trustee becomes the entitlement holder thereof, or (B) the securities intermediary has agreed to comply with the entitlement orders
originated by the Indenture Trustee without further consent by the entitlement holder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 72 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> any of the foregoing shall not constitute an Eligible Investment unless the Indenture Trustee (A) has given value, and
(B) does not have notice of an adverse claim; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>for the purposes of funds held in the Collection Account only, investments which would otherwise qualify as Eligible Investments
but for the fact that such investments are rated A-1 by S&amp;P Global Ratings shall be Eligible Investments, so long as the aggregate
amount of such investments does not exceed 10% of the Outstanding Amount of the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>ERISA</U>&rdquo;
shall have the meaning assigned thereto in <U>Section&nbsp;3.04</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Event of
Default</U>&rdquo; has the meaning specified in <U>Section&nbsp;5.01</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Exchange
Act</U>&rdquo; means the Securities Exchange Act of 1934, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Executive
Officer</U>&rdquo; means, with respect to any company, the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer,
President, any Executive Vice President, Vice President, Secretary, Assistant Secretary, Treasurer or Assistant Treasurer of such
company; and with respect to any partnership, any general partner thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Expenses</U>&rdquo;
shall have the meaning assigned to such term in <U>Section&nbsp;8.02</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>FATCA</U>&rdquo;
means Sections 1471 through 1474 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>FATCA Withholding
Tax</U>&rdquo; means any withholding or deduction pursuant to an agreement described in Section 1471(b) of the Code or otherwise
imposed pursuant to Sections 1471 through 1474 of the Code and any regulations or agreements (including any intergovernmental agreements)
thereunder or official interpretations thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>FDIC</U>&rdquo;
means the Federal Deposit Insurance Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Final Prospectus</U>&rdquo;
shall mean the prospectus dated February 3, 2021<FONT STYLE="text-underline-style: double; color: blue">,</FONT> relating to the
Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Final Scheduled
Payment Date</U>&rdquo; means (i) with respect to the Class A-1 Notes, the Class A-1 Final Scheduled Payment Date, (ii) with respect
to the Class A-2 Notes, the Class A-2 Final Scheduled Payment Date, (iii) with respect to the Class A-3 Notes, the Class A-3 Final
Scheduled Payment Date, (iv) with respect to the Class A-4 Notes, the Class A-4 Final Scheduled Payment Date, (v) with respect
to the Class B Notes, the Class B Final Scheduled Payment Date and (vi) with respect to the Class C Notes, the Class C Final Scheduled
Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Financed
Vehicle</U>&rdquo; means an automobile or light&#45;duty truck, together with all accessions thereto, securing an Obligor&rsquo;s
indebtedness under the respective Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 73 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Split-Segment; Name: 05 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Financial
Asset</U>&rdquo; has the meaning given such term in Revised Article 8. As used herein, the Financial Asset &ldquo;related to&rdquo;
a security entitlement is the Financial Asset in which the entitlement holder (as defined in the New York UCC) holding such Security
Entitlement has the rights and property interest specified in the New York UCC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double">&ldquo;<U>Fitch</U>&rdquo;
means Fitch Ratings, Inc. or its successor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Grant</U>&rdquo;
means mortgage, pledge, bargain, warrant, alienate, remise, release, convey, assign, transfer, create, and grant a lien upon and
a security interest in and a right of set&#45;off against, deposit, set over and confirm pursuant to the Indenture. A Grant of
the Collateral or of any other agreement or instrument shall include all rights, powers and options (but none of the obligations)
of the granting party thereunder, including the immediate and continuing right to claim for, collect, receive and give receipt
for principal and interest payments in respect of the Collateral and all other monies payable thereunder, to give and receive notices
and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the
name of the granting party or otherwise, and generally to do and receive anything that the granting party is or may be entitled
to do or receive thereunder or with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Holder</U>&rdquo;
or &ldquo;<U>Noteholder</U>&rdquo; means the Person in whose name a Note is registered on the Note Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indemnified
Parties</U>&rdquo; shall have the meaning assigned to such term in <U>Section&nbsp;8.02</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indenture</U>&rdquo;
shall mean the Indenture, dated as of the Closing Date, between the Trust and the Indenture Trustee, as the same may be amended
and supplemented from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indenture
Trustee</U>&rdquo; means MUFG Union Bank, N.A., not in its individual capacity but solely as Indenture Trustee under the Indenture,
or any successor Indenture Trustee under the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Independent</U>&rdquo;
means, when used with respect to any specified Person, that the Person (a)&nbsp;is in fact independent of the Issuing Entity, any
other obligor on the Notes, the Depositor and any Affiliate of any of the foregoing Persons, (b)&nbsp;does not have any direct
financial interest or any material indirect financial interest in the Issuing Entity, any such other obligor, the Depositor or
any Affiliate of any of the foregoing Persons and (c)&nbsp;is not connected with the Issuing Entity, any such other obligor, the
Depositor or any Affiliate of any of the foregoing Persons as an officer, employee, promoter, underwriter, trustee, partner, director
or person performing similar functions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Independent
Certificate</U>&rdquo; means a certificate or opinion to be delivered to the Indenture Trustee under the circumstances described
in, and otherwise complying with, the applicable requirements of <U>Section&nbsp;11.01</U> of the Indenture, made by an Independent
appraiser or other expert appointed by an Issuing Entity Order and approved by the Indenture Trustee in the exercise of reasonable
care, and such opinion or certificate shall state that the signer has read the definition of &ldquo;Independent&rdquo; in the Indenture
and that the signer is Independent within the meaning thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Initial Aggregate
Starting Principal Balance</U>&rdquo; means $1,157,521,164.95.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Initial Trust
Agreement</U>&rdquo; shall have the meaning assigned to such term in <U>Section 2.12</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"> </P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Insolvency
Event</U>&rdquo; means, with respect to a specified Person, (a) the filing of a decree or order for relief by a court having jurisdiction
in the premises in respect of such Person or any substantial part of its property in an involuntary case under any applicable federal
or state bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee,
custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or ordering the
winding-up or liquidation of such Person&rsquo;s affairs, and such decree or order shall remain unstayed and in effect for a period
of 60 consecutive days; or (b) the commencement by such Person of a voluntary case under any applicable federal or state bankruptcy,
insolvency or other similar law now or hereafter in effect, or the consent by such Person to the entry of an order for relief in
an involuntary case under any such law, or the consent by such Person to the appointment of or taking possession by a receiver,
liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property,
or the making by such Person of any general assignment for the benefit of creditors, or the failure by such Person generally to
pay its debts as such debts become due, or the taking of action by such Person in furtherance of any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Interest
Accrual Period</U>&rdquo; means, with respect to any Payment Date, (i) for the Class A-1 Notes, the period from and including the
previous Payment Date (or, in the case of the initial Payment Date, the Closing Date) to, but excluding, the current Payment Date
and (ii) for the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes, the period
from and including the 15th day of the preceding calendar month (or, in the case of the initial Payment Date, the Closing Date)
to, but excluding, the 15th day of the current calendar month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Interest
Rate</U>&rdquo; means the Class&nbsp;A-1 Interest Rate, the Class A-2 Interest Rate, the Class&nbsp;A&#45;3 Interest Rate, the
Class A-4 Interest Rate, the Class B Interest Rate or the Class C Interest Rate, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Investment
Earnings</U>&rdquo; means, with respect to any Payment Date, the investment earnings (net of losses and investment expenses) on
amounts on deposit in the Trust Accounts to be deposited into the Collection Account on such Payment Date pursuant to <U>Section
5.01(b)</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Investment
Letter</U>&rdquo; has the meaning assigned in <U>Section 2.04(a)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Issuing Entity</U>&rdquo;
means World Omni Auto Receivables Trust 2021-A until a successor replaces it and, thereafter, means the successor and, for purposes
of any provision contained in the Indenture and required by the TIA, each other obligor on the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Issuing Entity
Order</U>&rdquo; or &ldquo;<U>Issuing Entity Request</U>&rdquo; means a written order or request signed in the name of the Issuing
Entity by any one of its Authorized Officers and delivered to the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Lien</U>&rdquo;
means a security interest, lien, charge, pledge, equity or encumbrance of any kind, other than tax liens, mechanics&rsquo; liens
and any liens that attach to the respective Receivable by operation of law as a result of any act or omission by the related Obligor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"> </P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Monthly Remittance
Condition</U>&rdquo; means each of the following conditions has been satisfied: (i) World Omni is the Servicer, (ii) no Servicer
Default shall have occurred and is continuing, and (iii) (a) World Omni&rsquo;s long-term unsecured debt obligations rating by
S&amp;P is BBB or better and (b) World Omni&rsquo;s unsecured debt obligations rating by any other Rating Agency is acceptable
to such other Rating Agency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Note Depository
Agreement</U>&rdquo; means the letter of representations, dated as of the Closing Date, between the Issuing Entity and The Depository
Trust Company, as the initial Clearing Agency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Note Distribution
Account</U>&rdquo; means the account designated as such, established and maintained pursuant to <U>Section 5.01(a)(ii)</U> of the
Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Note Owner</U>&rdquo;
means, with respect to a Book-Entry Note, the Person who is the beneficial owner of such Book-Entry Note, as reflected on the books
of the Clearing Agency or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency
Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Note Pool
Factor</U>&rdquo; means, with respect to each Class of Notes as of the close of business on the last day of a Collection Period,
a seven-digit decimal figure equal to the Outstanding Amount of such Class of Notes (after giving effect to any reductions thereof
to be made on the immediately following Payment Date) divided by the original Outstanding Amount of such Class of Notes. The Note
Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Note Pool Factor will decline to reflect reductions in the
Outstanding Amount of such Class of Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Note Register</U>&rdquo;
and &ldquo;<U>Note Registrar</U>&rdquo; have the respective meanings specified in <U>Section&nbsp;2.05</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholder
FATCA Information</U>&rdquo; means, with respect to any Noteholder or Note Owner, information sufficient to eliminate the imposition
of, or determine the amount of, U.S. withholding tax under FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholder
Tax Identification Information</U>&rdquo; means, with respect to any Noteholder or Note Owner, properly completed and signed tax
certifications (generally, in the case of U.S. federal income tax, IRS Form W-9 (or applicable successor form) in the case of a
person that is a &ldquo;United States person&rdquo; within the meaning of Section 7701(a)(30) of the Code or the appropriate IRS
Form W-8 (or applicable successor form) in the case of a person that is not a &ldquo;United States person&rdquo; within the meaning
of Section 7701(a)(30) of the Code).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholders</U>&rdquo;
shall mean the holders of the Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholders&rsquo;
First Priority Principal Distributable Amount</U>&rdquo; means, with respect to any Payment Date, an amount equal to the excess,
if any, of (a) the Outstanding Amount of the Class A Notes as of the day immediately preceding such Payment Date over (b) the Pool
Balance for that Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"> </P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholders&rsquo;
Interest Distributable Amount</U>&rdquo; means, with respect to any Payment Date, the sum of the Class A Noteholders&rsquo; Interest
Distributable Amount for such Payment Date, the Class B Noteholders&rsquo; Interest Distributable Amount for such Payment Date
and the Class C Noteholders&rsquo; Interest Distributable Amount for such Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholders&rsquo;
Principal Distributable Amount</U>&rdquo; means, with respect to any Payment Date, the excess, if any, of (a) the sum of the Outstanding
Amount of the Notes as of the day immediately preceding that Payment Date over (b) the Pool Balance for that Payment Date minus
the Overcollateralization Target Amount for that Payment Date, <U>provided that</U> on the Final Scheduled Payment Date of any
Class of Notes, the Noteholders&rsquo; Principal Distributable Amount shall not be less than the amount necessary to reduce the
aggregate Principal Balance of such Class of Notes to zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholders&rsquo;
Second Priority Principal Distributable Amount</U>&rdquo; means, with respect to any Payment Date, an amount equal to the excess,
if any, of (a) the Outstanding Amount of the Class A Notes and the Class B Notes as of the day immediately preceding such Payment
Date over (b) the Pool Balance for that Payment Date less (c) any amounts allocated to the Noteholders&rsquo; First Priority Principal
Distributable Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Noteholders&rsquo;
Third Priority Principal Distributable Amount</U>&rdquo; means, with respect to any Payment Date, an amount equal to the excess,
if any, of (a) the Outstanding Amount of the Class A Notes, the Class B Notes and the Class C Notes as of the day immediately preceding
such Payment Date over (b) the Pool Balance for that Payment Date less (c) any amounts allocated to the sum of the Noteholders&rsquo;
First Priority Principal Distributable Amount and the Noteholders&rsquo; Second Priority Principal Distributable Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Notes</U>&rdquo;
means Class&nbsp;A&#45;1 Notes, Class&nbsp;A&#45;2 Notes, Class&nbsp;A&#45;3 Notes, Class&nbsp;A&#45;4 Notes, Class B Notes and
the Class C Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Obligor</U>&rdquo;
on a Receivable means the purchaser or co&#45;purchasers of the Financed Vehicle and any other Person who owes payments under the
Receivable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Officer&rsquo;s
Certificate</U>&rdquo; means in the case of the Issuing Entity, a certificate signed by any Authorized Officer of the Issuing Entity,
under the circumstances described in, and otherwise complying with, the applicable requirements of <U>Section&nbsp;11.01</U> of
the Indenture, and delivered to the Indenture Trustee (unless otherwise specified, any reference in the Indenture to an Officer&rsquo;s
Certificate shall be to an Officer&rsquo;s Certificate of any Authorized Officer of the Issuing Entity), and in the case of World
Omni, the Depositor or the Servicer, a certificate signed by the president, a vice president, a treasurer, assistant treasurer,
secretary or assistant secretary of World Omni, the Depositor or the Servicer, as appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Opinion of
Counsel</U>&rdquo; means one or more written opinions of counsel who may, except as otherwise expressly provided in the Indenture,
be an employee of or counsel to the Issuing Entity and who shall be satisfactory to the addressees of such opinion, and which opinion
or opinions if addressed to the Indenture Trustee, shall comply with any applicable requirements of <U>Section&nbsp;11.01</U> of
the Indenture and shall be in form and substance satisfactory to the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 77; Value: 15 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">App. A- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"> </P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Outstanding</U>&rdquo;
means, as of the date of determination, all Notes theretofore authenticated and delivered under the Indenture except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>Notes theretofore cancelled by the Note Registrar or delivered to the Note Registrar for cancellation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>Notes or portions thereof the payment for which money in the necessary amount has been theretofore deposited with the Indenture
Trustee or any Paying Agent in trust for the Holders of such Notes (<U>provided</U>, <U>however</U>, that if such Notes are to
be redeemed, notice of such redemption has been duly given or waived pursuant to the Indenture or provision for such notice or
waiver has been made which is satisfactory to the Indenture Trustee); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;
</FONT>Notes in exchange for or in lieu of which other Notes have been authenticated and delivered pursuant to the Indenture unless
proof satisfactory to the Indenture Trustee is presented that any such Notes are held by a protected purchaser;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><U>provided</U>, that
in determining whether the Holders of the requisite Outstanding Amount of the Controlling Securities have given any request, demand,
authorization, direction, notice, consent or waiver hereunder or under any Basic Document, Notes owned by the Issuing Entity, any
other obligor upon the Notes, the Depositor or any Affiliate of any of the foregoing Persons shall be disregarded and deemed not
to be Outstanding, except that, in determining whether the Indenture Trustee shall be protected in relying upon any such request,
demand, authorization, direction, notice, consent or waiver, only Notes that a Responsible Officer of the Indenture Trustee has
actual knowledge are so owned shall be so disregarded. Notes so owned that have been pledged in good faith may be regarded as Outstanding
if the pledgee establishes to the satisfaction of the Indenture Trustee the pledgee&rsquo;s right so to act with respect to such
Notes and that the pledgee is not the Issuing Entity, any other obligor upon the Notes, the Depositor or any Affiliate of any of
the foregoing Persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Outstanding
Amount</U>&rdquo; means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date
of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&ldquo;<U>Overcollateralization
Target Amount</U>&rdquo; means, with respect to any Payment Date, an amount equal to 1.15% of the aggregate Principal Balance
of the Receivables as of the end of the related Collection Period less the <FONT STYLE="text-underline-style: double">Yield Supplement
Overcollateralization Amount of those Receivables as of the last day of the related Collection Period</FONT>, but not less than
the result of 0.50% of the Aggregate Starting Principal Balance of the Receivables minus the <FONT STYLE="text-underline-style: double">Yield
Supplement Overcollateralization Amount as of the Closing Date</FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Owner Trust
Estate</U>&rdquo; shall mean all right, title and interest of the Trust in and to the property and rights assigned to the Trust
pursuant to <U>Article&nbsp;II</U> of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts
and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement
and the Administration Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Owner Trustee</U>&rdquo;
shall mean U.S. Bank Trust National Association, not in its individual capacity but solely as owner trustee under the Trust Agreement,
and any successor Owner Trustee thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Paying Agent</U>&rdquo;
means the Indenture Trustee or any other Person that meets the eligibility standards for the Indenture Trustee specified in <U>Section&nbsp;6.11</U>
of the Indenture and is authorized by the Issuing Entity to make payments to and distributions from the Collection Account and
the Note Distribution Account, including payments of principal of or interest on the Notes on behalf of the Issuing Entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Payment Date</U>&rdquo;
means, with respect to each Collection Period, the fifteenth day of the following month or, if such day is not a Business Day,
the immediately following Business Day. The initial Payment Date will be March 15, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Payment Determination
Date</U>&rdquo; means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Percentage
Interest</U>&rdquo; shall mean, with respect to each Trust Certificate, the percentage beneficial interest in the Trust represented
by such Trust Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Person</U>&rdquo;
means any individual, corporation, limited liability company, estate, partnership, joint venture, association, joint stock company,
trust (including any beneficiary thereof), unincorporated organization or government or any agency or political subdivision thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Personally
Identifiable Information</U>&rdquo; means information in any format about an identifiable individual, including name, address,
phone number, e-mail address, account number(s), identification number(s), any other actual or assigned attribute associated with
or identifiable to an individual and any information that when used separately or in combination with other information could identify
an individual.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Physical
Property</U>&rdquo; has the meaning assigned to such term in the definition of &ldquo;Delivery&rdquo; above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Plan</U>&rdquo;
shall have the meaning assigned to such term in <U>Section&nbsp;3.04</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: Black; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pool
Balance</U>&rdquo; means, as of any Payment Date, the aggregate Principal Balance of the Receivables as of the last day of the
related Collection Period less the <FONT STYLE="text-underline-style: double">Yield Supplement Overcollateralization Amount as
of such day </FONT>of the related Collection Period after giving effect to all payments of principal received from obligors and
Purchase Amounts to be remitted by the Servicer or the Depositor, as the case may be, and after reduction to zero of the aggregate
outstanding Principal Balance of any Receivable that became a Defaulted Receivable during the related Collection Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Predecessor
Note</U>&rdquo; means, with respect to any particular Note, every previous Note evidencing all or a portion of the same debt as
that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under <U>Section&nbsp;2.06</U>
of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Indenture in
lieu of a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed
or stolen Note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Principal
Balance</U>&rdquo; of a Receivable, as of the close of business on the last day of a Collection Period, means the Amount Financed
minus the sum of (i) the portion of all payments made by or on behalf of the related Obligor on or prior to such day and allocable
to principal using the Simple Interest Method; (ii) refunds of any warranty or insurance financed on the original Contract; and
(iii) any payment of the Purchase Amount with respect to the Receivable allocable to principal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Proceeding</U>&rdquo;
means any suit in equity, action at law or other judicial or administrative proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchase
Amount</U>&rdquo; means, with respect to a Receivable, the amount, as of the close of business on the last day of the Collection
Period as of which that Receivable is purchased, required to prepay in full that Receivable under the terms thereof including accrued
and unpaid interest to such last day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchase
Date</U>&rdquo; has the meaning assigned to such term in <U>Section 2.01</U> of the Receivables Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchase
Price</U>&rdquo; has the meaning assigned to such term in <U>Section 2.02</U> of the Receivables Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchased
Receivable</U>&rdquo; means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer
pursuant to <U>Section 4.02</U> or <U>Section 4.07</U> of the Sale and Servicing Agreement or by World Omni pursuant to <U>Section
3.02(b)</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Rating Agencies</U>&rdquo;
means, for so long as such organization is rating a Class of Notes, Fitch and S&amp;P Global Ratings or, if none of such organizations
or successors is any longer in existence, a nationally recognized statistical rating organization or other comparable Person designated
by the Depositor, notice of which designation shall be given to the Indenture Trustee, the Owner Trustee and the Servicer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Rating Agency
Condition</U>&rdquo; means, with respect to any action, that each Rating Agency then rating a Class of Notes shall have received
5 Business Days&rsquo; (or such shorter period as shall be acceptable to each Rating Agency) prior written notice and shall not
have notified the Depositor that such action will result in a downgrade of the then current rating on any Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Receivable</U>&rdquo;
means any Contract listed on the Schedule of Receivables attached to an Assignment (which Schedule may be in the form of microfiche),
as such Schedule may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Receivable
Files</U>&rdquo; means the documents specified in <U>Section 3.03</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Receivables
Purchase Agreement</U>&rdquo; shall mean the Receivables Purchase Agreement, dated as of the Closing Date, between World Omni,
as depositor and World Omni Auto Receivables LLC, as purchaser, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Record Date</U>&rdquo;
means, with respect to a Payment Date or Redemption Date, and (i) any Book-Entry Notes, the close of business on the Business Day
immediately preceding such Payment Date or Redemption Date or (ii) any Definitive Notes, the Payment Date in the preceding month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Recoveries</U>&rdquo;
means, with respect to any Defaulted Receivable and any Collection Period, monies collected in respect thereof, from whatever source,
net of any expenses of the Servicer in connection with such Receivable for which the Servicer has not been previously reimbursed
and any amounts required by law to be remitted to the Obligor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Redemption
Date</U>&rdquo; means, in the case of a redemption of the Notes pursuant to <U>Section&nbsp;10.01</U> of the Indenture, the Payment
Date specified by the Depositor or the Issuing Entity pursuant to <U>Section&nbsp;10.01</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Redemption
Price</U>&rdquo; means, in connection with a redemption of the Notes pursuant to <U>Section&nbsp;10.01</U> of the Indenture, with
respect to any Note, an amount equal to the unpaid principal amount of such Note plus accrued and unpaid interest thereon to but
excluding the Redemption Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Registered
Holder</U>&rdquo; means the Person in whose name a Note is registered on the Note Register on the applicable Record Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Regulation
AB</U>&rdquo; means Subpart 229.1100 &ndash; Asset Backed Securities (Regulation AB), 17 C.F.R. &sect;&sect;229.1100-229.1125,
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 releases (Asset-Backed Securities, Securities Act Release No.&nbsp;33-8518. 70 Fed. Reg. 1,506, 1,531 (January
7, 2005) and Asset-Backed Securities Disclosure and Registration, Securities Act Release No. 33-9638, 79 Fed. Reg. 57, 184 (September
24, 2014)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Regulation
RR or Credit Risk Retention Rules</U>&rdquo; means risk retention regulations in 17 C.F.R. Part 246 as such regulation may be amended
from time to time and subject to such clarification and interpretation as have been provided by the Commission in an adopting release
or by the staff of the Commission, or as may be provided in writing by the Commission or its staff from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Reporting
Officer</U>&rdquo; means, with respect to the Owner Trustee, any officer, employee or other person within the Corporate Trust Office
of the Owner Trustee having direct responsibility for the administration of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Reporting
Subcontractor</U>&rdquo; shall mean with respect to any Person, any Subcontractor for such Person that is &ldquo;participating
in the servicing function&rdquo; within the meaning of Item 1122 of Regulation AB. References to a Reporting Subcontractor shall
refer only to the Subcontractor of such Person and shall not refer to Subcontractors generally.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Repurchase
Event</U>&rdquo; shall have the meaning specified in <U>Section 6.02</U> of the Receivables Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Repurchase
Request</U>&rdquo; has the meaning specified in <U>Section&nbsp;3.02(c)(i)</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Repurchase
Rules and Regulations</U>&rdquo; shall have the meaning specified in <U>Section 6.14</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Requesting
Party</U>&rdquo; has the meaning specified in <U>Section&nbsp;3.02(c)(i)</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Required
Rate&rdquo;</U> means 5.35% per annum or such other percentage approved by the Rating Agencies hired by the Sponsor to rate the
Notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Required
Rating</U>&rdquo; means a rating on commercial paper or other short term unsecured debt obligations of F1 or A by Fitch so long
as Fitch is a Rating Agency and A&#45;1+ by S&amp;P Global Ratings so long as S&amp;P Global Ratings is a Rating Agency; and any
requirement that deposits or debt obligations have the &ldquo;Required Rating&rdquo; shall mean that such deposits or debt obligations
have the foregoing required ratings from Fitch and S&amp;P Global Ratings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Required
Reserve Amount</U>&rdquo; means, with respect to any Payment Date, 0.50% (or such other higher percentage as may be determined
by the Depositor, in its sole discretion, on or prior to the Closing Date) of the difference of the Aggregate Starting Principal
Balance less the <FONT STYLE="text-underline-style: double">Yield Supplement Overcollateralization Amount as of the Cutoff Date
</FONT>of all Receivables transferred to the Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Reserve Account</U>&rdquo;
means the account designated as such, established and maintained pursuant to <U>Section 5.01(a)(iii)</U> and <U>Section 5.07</U>
of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Reserve
Account Initial Deposit</U>&rdquo; means cash or Eligible Investments having a value of <FONT STYLE="text-underline-style: double">$</FONT>5,504,632.16.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Responsible
Officer</U>&rdquo; means, with respect to the Indenture Trustee, any officer within the Corporate Trust Office of the Indenture
Trustee, including any vice president, assistant vice president, assistant secretary, senior associate, associate, trust officer
or any other officer, employee or other person of the Indenture Trustee customarily performing functions similar to those performed
by any of the above designated officers and, with respect to each, having direct responsibility for the administration of the Indenture
and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer&rsquo;s
knowledge of and familiarity with the particular subject.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Retained
Notes</U>&rdquo; means [RESERVED].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Review</U>&rdquo;
means a review by the Asset Representations Reviewer as specified in the Asset Representations Review Agreement of all Delinquent
Receivables that have been Delinquent Receivables for 60 days or more as of the last day of the preceding Collection Period to
determine whether such Delinquent Receivables satisfy the representations and warranties set forth in <U>Section</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">3.01(a) of the Sale and Servicing Agreement,
each as of the date as specified in <U>Section 3.01(a)</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Review Notice</U>&rdquo;
means the notice from the Indenture Trustee to the Asset Representations Reviewer, the Issuing Entity and the Servicer pursuant
to <U>Section 7.05(c)</U> of the Indenture notifying the Asset Representations Reviewer that the Noteholders have requested a Review.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Review Receivable</U>&rdquo;
has the meaning designated in <U>Section 1.02</U> of the Asset Representations Review Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Review Report</U>&rdquo;
has the meaning designated in <U>Section 3.04</U> of the Asset Representations Review Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>RPA Assignment</U>&rdquo;
has the meaning designated in <U>Section 2.01</U> of the Receivables Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Sale and
Servicing Agreement</U>&rdquo; means the Sale and Servicing Agreement, dated as of the Closing Date, among the Issuing Entity,
the Depositor and World Omni, as Servicer, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Schedule
of Receivables</U>&rdquo; shall mean the schedule attached to the RPA Assignment or the SSA Assignment specifying the Receivables
being transferred, as such Schedule may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Secretary
of State</U>&rdquo; shall mean the Secretary of State of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities
Act</U>&rdquo; means the Securities Act of 1933, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securitization
Transaction</U>&rdquo; means any transaction effected after the Closing Date involving an issuance of notes pursuant to the Indenture,
whether publicly offered or privately placed, rated or unrated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Servicer</U>&rdquo;
means World Omni, in its capacity as servicer under the Sale and Servicing Agreement, and any Successor Servicer thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Servicer
Default</U>&rdquo; means an event specified in <U>Section 8.01</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Servicer&rsquo;s
Certificate</U>&rdquo; means a certificate of the Servicer delivered pursuant to <U>Section 4.09</U> of the Sale and Servicing
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Servicing
Criteria</U>&rdquo; means the &ldquo;servicing criteria&rdquo; set forth in Item&nbsp;1122(d) of Regulation AB, as such may be
amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Servicing
Fee</U>&rdquo; means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to
<U>Section 4.08</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Servicing
Fee Rate</U>&rdquo; means 1.00% per annum.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Similar Law</U>&rdquo;
has the meaning assigned to such term in <U>Section 3.04</U> of the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Simple Interest
Method</U>&rdquo; means the method of allocating a fixed level payment to principal and interest, pursuant to which the portion
of such payment that is allocated to interest is equal to the product of the fixed rate of interest multiplied by the unpaid principal
balance multiplied by the period of time elapsed since the preceding payment of interest was made and the remainder of such payment
is allocable to principal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Simple Interest
Receivable</U>&rdquo; means any Receivable under which the portion of a payment allocable to interest and the portion allocable
to principal is determined in accordance with the Simple Interest Method.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Sponsor</U>&rdquo;
means World Omni Financial Corp., a Florida corporation, or its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double">&ldquo;<U>SSA
Assignment</U>&rdquo; has the meaning assigned in <U>Section 2.01</U> of the Sale and Servicing Agreement</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>S&amp;P
Global Ratings</U>&rdquo; means S&amp;P Global Ratings, a division of S&amp;P Global, or its successor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double">&ldquo;<U>Starting
Principal Balance</U>&rdquo; means with respect to a Receivable, the aggregate principal amount advanced under such Receivable
toward the purchase price of the Financed Vehicle or Financed Vehicles, including insurance premiums, service and warranty contracts,
federal excise and sales taxes and other items customarily financed as part of a Receivable and related costs, less payments received
from the Obligor prior to the Cutoff Date with respect to such Receivable allocable to principal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>State</U>&rdquo;
means any one of the 50 States of the United States of America or the District of Columbia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Statutory
Trust Act</U>&rdquo; shall mean Chapter&nbsp;38 of Title&nbsp;12 of the Delaware Code, 12 <U>Del.</U>&nbsp;<U>Code</U> &sect;&nbsp;3801
<I>et seq.</I>, as the same may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Subcontractor</U>&rdquo;
shall mean any vendor, subcontractor or other Person that is not responsible for the overall servicing (as &ldquo;servicing&rdquo;
is commonly understood by participants in the mortgage-backed securities market) of Receivables but performs one or more discrete
functions identified in Item 1122(d) of Regulation AB with respect to the Receivables under the direction or authority of the Servicer
or the Indenture Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Successor
Servicer</U>&rdquo; has the meaning specified in <U>Section&nbsp;3.07(e)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Supplemental
Servicing Fees</U>&rdquo; means late fees, any prepayment charges and other administrative fees or similar charges allowed by applicable
law with respect to the Receivables collected from Obligors during the related Collection Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Test Fail</U>&rdquo;
has the meaning assigned in <U>Section 3.03(a)</U> of the Asset Representations Review Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transferor
Certificate</U>&rdquo; has the meaning assigned in <U>Section 2.04(a)</U> of the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Treasury
Regulations</U>&rdquo; shall mean regulations, including proposed or temporary Regulations, promulgated under the Code. References
herein to specific provisions of proposed or temporary regulations shall include analogous provisions of final Treasury Regulations
or other successor Treasury Regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust</U>&rdquo;
means World Omni Auto Receivables Trust 2021-A, a Delaware statutory trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Account
Property</U>&rdquo; means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether
in the form of deposit accounts, Physical Property, book&#45;entry securities, uncertificated securities or otherwise), including
the Reserve Account, and all proceeds of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Accounts</U>&rdquo;
has the meaning assigned thereto in <U>Section 5.01</U> of the Sale and Servicing Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Agreement</U>&rdquo;
means the Trust Agreement, dated as of the Closing Date, between the <FONT STYLE="text-underline-style: double">Depositor</FONT>
and the Owner Trustee, as the same may be amended and supplemented from time to time; such agreement being the amended and restated
Trust Agreement contemplated by the Initial Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Certificate</U>&rdquo;
shall mean a certificate evidencing the beneficial interest of a Person in the trust established by the Trust Agreement and substantially
in the form attached as <U>Exhibit&nbsp;A</U> to such Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Estate</U>&rdquo;
means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest
of the Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture
Trustee), including all proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Indenture
Act</U>&rdquo; or &ldquo;<U>TIA</U>&rdquo; means the Trust Indenture Act of 1939 as in force as of the Closing Date, unless otherwise
specifically provided.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trust Officer</U>&rdquo;
means, with respect to the Indenture Trustee, any Officer within the Corporate Trust Office of the Indenture Trustee, including
any vice president, assistant vice president, assistant secretary, senior associate, associate, trust officer or any other officer
of the Indenture Trustee customarily performing functions similar to those performed by any of the above designated officers and
also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer&rsquo;s knowledge
of and familiarity with the particular subject and, in each case, having direct responsibility for the administration of the Indenture
and any other Basic Document to which the Indenture Trustee is a party and, with respect to the Owner Trustee, any officer within
the Corporate Trust Office of the Owner Trustee with direct responsibility for the administration of the Trust Agreement and the
Basic Documents on behalf of the Owner Trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Trustee
Bank</U>&rdquo; means U.S. Bank Trust National Association, in its individual capacity, each bank appointed as successor
Owner Trustee under the Trust Agreement in its individual capacity and each bank appointed as co-trustee under and to the
extent provided in the Trust Agreement in its individual capacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>UCC</U>&rdquo;
means, unless the context otherwise requires, the Uniform Commercial Code, as in effect in the relevant jurisdiction, as amended
from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>U.S. Person</U>&rdquo;
means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a) a citizen or resident
of the United States for U.S. federal income tax purposes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b) an entity treated
as a corporation or partnership for U.S. federal income tax purposes, except to the extent provided in applicable U.S. Department
of Treasury regulations, created or organized in or under the laws of the United States, any state or the District of Columbia;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c) an estate the income
of which is subject to U.S. federal income taxation regardless of its source;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d) an entity treated
as a trust for U.S. federal income tax purposes 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</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e) to the extent provided
in applicable U.S. Department of Treasury regulations, certain trusts in existence on August 20, 1996, which are eligible to elect,
and have so elected, to be treated as U.S. Persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>WOAR</U>&rdquo;
means World Omni Auto Receivables LLC, a Delaware limited liability company, or its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>World Omni</U>&rdquo;
means World Omni Financial Corp., a Florida corporation, or its successors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Yield Supplement
Overcollateralization Amount</U>&rdquo; means, with respect to any Collection Period and the related Payment Date, or with respect
to the Cutoff Date, the aggregate amount by which the Principal Balance as of the last day of such Collection Period or the Cutoff
Date of each of the related Receivables with an APR as stated in the related Contract of less than the Required Rate, other than
a Defaulted Receivable, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled
payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.<BR STYLE="clear: both">
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">APPENDIX A<BR>
<BR>
PART II - RULES OF CONSTRUCTION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(A)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Accounting Terms</U>. As used in this Appendix or the Basic Documents, accounting terms which are not defined, and accounting
terms partly defined, herein or therein shall have the respective meanings given to them under generally accepted accounting principles.
To the extent that the definitions of accounting terms in this Appendix or the Basic Documents are inconsistent with the meanings
of such terms under generally accepted accounting principles, the definitions contained in this Appendix or the Basic Documents
will control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(B)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>&ldquo;Hereof,&rdquo; etc.</U>: The words &ldquo;hereof,&rdquo; &ldquo;herein&rdquo; and &ldquo;hereunder&rdquo; and
words of similar import when used in this Appendix or any Basic Document will refer to this Appendix or such Basic Document as
a whole and not to any particular provision of this Appendix or such Basic Document; and Section, Schedule and Exhibit references
contained in this Appendix or any Basic Document are references to Sections, Schedules and Exhibits in or to this Appendix or such
Basic Document unless otherwise specified. The word &ldquo;or&rdquo; is not exclusive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(C)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Use of &ldquo;related&rdquo;</U> as used in this Appendix and the Basic Documents, with respect to any Payment Date,
the &ldquo;related Payment Determination Date,&rdquo; the &ldquo;related Collection Period,&rdquo; and the &ldquo;related Record
Date&rdquo; will mean the Payment Determination Date, the Collection Period, and the Record Date, respectively, immediately preceding
such Payment Date. With respect to any Purchase Date, the &ldquo;related Cutoff Date&rdquo; will mean the Cutoff Date established
for the closing of the purchase of Receivables on that Purchase Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(D)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Use of &ldquo;outstanding&rdquo; etc</U>. Whenever the term &ldquo;outstanding Notes,&rdquo; &ldquo;outstanding principal
amount&rdquo; and words of similar import are used in this Appendix or any Basic Document for purposes of determining whether
the Noteholders of the requisite outstanding principal amount of the Notes have given any request, demand, authorization, direction,
notice, consent or waiver hereunder or under any Basic Document, Notes owned by the Issuing Entity, any other obligor upon the
Notes, the <FONT STYLE="text-underline-style: double">Depositor</FONT> or any Affiliate of any of the foregoing Persons (it being
understood that the Owner Trustee in its individual capacity shall not be considered an Affiliate of any of the foregoing) shall
be disregarded and deemed not to be outstanding, except that, in determining whether the Indenture Trustee shall be protected
in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Notes that the Indenture Trustee
knows to be so owned shall be so disregarded. Notes so owned that have been pledged in good faith may be regarded as &ldquo;outstanding&rdquo;
if the pledgee establishes to the satisfaction of the Indenture Trustee the pledgor&rsquo;s right so to act with respect to such
Notes and that the pledgee is not the Issuing Entity, any other obligor upon the Notes, the <FONT STYLE="text-underline-style: double">Depositor
</FONT>or any Affiliate of any of the foregoing Persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(E)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Number and Gender</U>. Each defined term used in this Appendix or the Basic Documents has a comparable meaning when used
in its plural or singular form. Each gender-specific term used in this Appendix or the Basic Documents has a comparable meaning
whether used in a masculine, feminine or gender-neutral form.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(F)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <U>Including</U>. Whenever the term &ldquo;including&rdquo; (whether or not that term is followed by the phrase &ldquo;but
not limited to&rdquo; or &ldquo;without limitation&rdquo; or words of similar effect) is used in this Appendix or the Basic Documents
in connection with a listing of items within a particular classification, that listing will be interpreted to be illustrative only
and will not be interpreted as a limitation on, or exclusive listing of, the items within that classification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(G)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>UCC References</U>. References to sections or provisions of Article 9 of the UCC in any of the Basic Documents shall
be deemed to be automatically updated to reflect the successor, replacement or functionally equivalent sections or provisions
of Revised Article 9, Secured Transactions (2000) at any time in any jurisdiction which has made such revised article effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"> </P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.75in"><FONT STYLE="font-weight: normal">APPENDIX
B</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Additional Representations and Warranties</U></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">This Agreement, the Receivables Purchase Agreement and the Indenture create a valid and continuing
security interest (as defined in the applicable UCC) in the Receivables in favor of the Indenture Trustee, which security interest
is prior to all other Liens, and is enforceable as such as against creditors of and purchasers from World Omni, the Depositor and
the Trust, respectively.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">World Omni has taken all steps necessary to perfect its security interest against each Obligor
in the property securing the Receivables.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify">The Receivables constitute &#8220;tangible chattel paper&#8221; or &#8220;electronic chattel paper&#8221;
within the meaning of the applicable UCC.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD STYLE="text-align: justify">World Omni owns and has good and marketable title to the Receivables and will transfer the Receivables
free and clear of any Lien, claim or encumbrance of any Person.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD STYLE="text-align: justify">World Omni has caused or will have caused, within ten days, the filing of all appropriate financing
statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest
in the Receivables granted to the Depositor under the Receivables Purchase Agreement, to the Issuing Entity hereunder and to the
Indenture Trustee under the Indenture.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">6.</TD><TD STYLE="text-align: justify">With respect to Receivables that constitute tangible chattel paper, all original executed copies
of each Contract that constitute or evidence the Receivable have been delivered to the Servicer for the benefit of the Depositor,
the Issuing Entity and the Indenture Trustee.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">7.</TD><TD STYLE="text-align: justify">With respect to Receivables that constitute electronic chattel paper, only one authoritative copy
of each Contract that constitutes or evidences the Receivable exists. Each such authoritative copy (a) is unique, identifiable,
and unalterable (other than with the participation of the Depositor, the Issuing Entity and the Indenture Trustee pursuant to the
Basic Documents in the case of an addition or change of an identified assignee and other than a revision that is readily identifiable
as an authorized or unauthorized revision), and (b) has been communicated to and is maintained by the Servicer or a third party
provider acting on behalf of the Servicer. The authoritative copy of the related Contract identifies only World Omni Financial
Corp. as the assignee thereof. Each copy of the authoritative copy of the related Contract and any copy of a copy are readily identifiable
as copies that are not the authoritative copy. Each Receivable has been established in a manner such that (a) all copies or revisions
that add or change an identified assignee of the authoritative copy of each Contract that constitutes or evidences the Receivable
must be made with the participation of the Depositor, the Issuing Entity and the Indenture Trustee pursuant to the Basic Documents,
and (b) all revisions of the authoritative copy of each contract that constitute or evidence the Receivable must be readily identifiable
as an authorized or unauthorized revision. The Servicer is maintaining the authoritative copy of each Contract that constitutes
or evidences the Receivables solely on behalf and for the benefit of the Depositor, the Issuing Entity and the Indenture Trustee
under the Basic Documents.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">8.</TD><TD STYLE="text-align: justify">Other than (a) any security interests which have been released prior to or in connection with the
execution of the Basic Documents and (b) the security interests granted to the Depositor, the Issuing Entity, and the Indenture
Trustee pursuant to the Basic Documents, none of World Omni, the Depositor or the Issuing Entity has pledged, assigned, sold, granted
a security interest in, or otherwise conveyed any of the Receivables. None of World Omni, the Depositor or the Issuing Entity has
authorized the filing of, and is not aware of, any financing statements against World Omni, the Depositor or the Issuing Entity
that include a description of collateral covering the Receivables other than any financing statement relating to the security interests
granted to the Depositor, the Issuing Entity, and the Indenture Trustee under the Basic Documents or a financing statement that
has been terminated with respect to the Receivables. None of World Omni, the Depositor or the Issuing Entity is aware of any judgment
or tax lien filings against World Omni, the Depositor or the Issuing Entity.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">9.</TD><TD STYLE="text-align: justify">None of the Seller, the Depositor or the Issuing Entity or any vaulting agent thereof has communicated
an authoritative copy of any Contract that constitutes or evidences the Receivables to any Person other than the Servicer.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">10.</TD><TD STYLE="text-align: justify">World Omni, as Servicer (in its capacity as custodian), has in its possession all original copies
of the Contracts that constitute or evidence the Receivables. The Receivables Files that constitute or evidence the Receivables
do not have any marks or notations indicating that they have been pledged, assigned or otherwise conveyed to any Person other than
the Depositor, the Issuing Entity or the Indenture Trustee. All financing statements filed or to be filed against World Omni, the
Depositor or the Issuing Entity in favor of the Depositor, the Issuing Entity or the Indenture Trustee, respectively, in connection
herewith describing the Receivables contain a statement to the following effect: &#8220;A purchase of or security interest in any
collateral described in this financing statement will violate the rights of the Noteholders.&#8221;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

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