Document:

EXHIBIT 10.6(D)

                                                               EXECUTION VERSION

                       ASSIGNMENT AND ASSUMPTION AGREEMENT

                  THIS ASSIGNMENT AND ASSUMPTION AGREEMENT, dated June 30, 2006,
(the "Agreement") among J.P. Morgan Mortgage Acquisition Corp., ("Assignor"),
Bank of America, National Association, ("Assignee"), JPMorgan Chase Bank,
National Association ("JPM" and a "Company") and Chase Home Finance LLC ("CHF"
and a "Company" and together with JPM the "Companies"):

                                    RECITALS

                  The Assignor and the Companies are parties to that certain
Flow Mortgage Loan Purchase, Warranties and Servicing Agreement, dated as of May
1, 2004, as amended by Amendment No. 1, dated as of January 1, 2005, Amendment
No. 2, dated as of December 1, 2005, Amendment Reg AB, dated as of January 1,
2006 and as amended from time to time (the "Purchase, Warranties and Servicing
Agreement"), which is attached hereto as Exhibit A;

                  The Assignor desires to grant, transfer and assign to the
Assignee all of the right, title and interest of Assignor, as Purchaser, in, to
and under (a) those certain Mortgage Loans listed on Exhibit B attached hereto
(the "Mortgage Loans") and (b) the Purchase, Warranties and Servicing Agreement
with respect to the Mortgage Loans;

                  CHF and the Assignee are parties to that certain Mortgage Loan
Purchase, Warranties and Servicing Agreement (the "MLPWA"), dated as of January
1, 2005, and JPM, CHF and the Assignee are parties to that certain Amendment Reg
AB (the "Amendment Reg AB") dated as of January 1, 2006, each as amended from
time to time, which are attached hereto as Exhibit C and the terms of which are
incorporated by reference for the purposes provided herein and made a part
hereof;

                  The Assignor and the Companies have agreed to make certain
representations and warranties with respect to the Mortgage Loans in accordance
with the MLPWA; and

                  The Assignee desires that JPM service the Mortgage Loans in
accordance with terms of the MLPWA;

                  Accordingly, for and in consideration of the sum of TEN
DOLLARS ($10.00) and other valuable consideration, the receipt and sufficiency
of which hereby are acknowledged, and of the mutual covenants herein contained,
the parties hereto hereby agree as follows:

                  I. Assignment.

                  (a) The Assignor hereby grants, transfers and assigns to
         Assignee all of the right, title and interest of Assignor, as
         Purchaser, in, to and under (i) the Mortgage Loans and (ii) the
         Purchase, Warranties and Servicing Agreement, with respect to the
         Mortgage Loans. The Assignee shall be entitled to all scheduled
         payments due on the Mortgage Loans after June 1, 2006 (the "Assigned
         Loans Cut-off Date") and all unscheduled payments or other proceeds or
         other recoveries on the Mortgage Loans received on and after the
         Assigned Loans Cut-off Date.

                  (b) The Assignor specifically reserves and does not assign to
         the Assignee hereunder any and all right, title and interest in, to and
         under and all obligations of the Assignor with respect to any mortgage
         loans subject to the Purchase, Warranties and Servicing Agreement which
         are not the Mortgage Loans set forth on Exhibit B attached hereto and
         are not the subject of this Agreement.

                  II. Assignor Representations and Warranties. The Assignor
warrants and represents to, and covenants with, the Assignee that:

                  (a) The Assignor is a corporation duly organized, validly
         existing and in good standing under the laws of Delaware and has all
         licenses necessary to carry out its business as now being conducted,
         and is licensed and qualified to transact business in each state in
         which any Mortgaged Property is located or is otherwise exempt under
         applicable law from such licensing or qualification or is otherwise not
         required under applicable law to effect such licensing or qualification
         and no demand for such licensing or qualification has been made upon
         such Assignor by any such state, and in any event such Assignor is in
         compliance with the laws of any such state to the extent necessary to
         ensure the enforceability of each Mortgage Loan;

                  (b) The Assignor has the full power and authority and legal
         right to hold, transfer and convey each Mortgage Loan, to sell each
         Mortgage Loan and to execute, deliver and perform, and to enter into
         and consummate all transactions contemplated by this Agreement and to
         conduct its business as presently conducted, has duly authorized the
         execution, delivery and performance of this Agreement and any
         agreements contemplated hereby, has duly executed and delivered this
         Agreement, and any agreements contemplated hereby, and this Agreement
         constitutes a legal, valid and binding obligation of the Assignor,
         enforceable against it in accordance with its terms, and all requisite
         corporate action has been taken by the Assignor to make this Agreement
         and all agreements contemplated hereby valid and binding upon the
         Assignor in accordance with their terms;

                  (c) None of the execution and delivery of this Agreement, the
         sale of the Mortgage Loans to the Assignee, the consummation of the
         transactions contemplated hereby, or the fulfillment of or compliance
         with the terms and conditions of this Agreement will conflict with any
         of the terms, conditions or provisions of the Assignor's charter or by
         laws or materially conflict with or result in a material breach of any
         of the terms, conditions or provisions of any legal restriction or any
         agreement or instrument to which the Assignor is now a party or by
         which it is bound, or constitute a default or result in an acceleration
         under any of the foregoing, or result in the material violation of any
         law, rule, regulation, order, judgment or decree to which the Assignor
         or its property is subject or impair the ability of the Assignee to
         realize on the Mortgage Loans or impair the value of the Mortgage
         Loans;

                  (d) There is no litigation, suit, proceeding or investigation
         pending or threatened, or any order or decree outstanding, with respect
         to the Assignor which is reasonably likely to have a material adverse
         effect on the sale of the Mortgage Loans, the execution, delivery,
         performance or enforceability of this Agreement, or which is

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         reasonably likely to have a material adverse effect on the financial
         condition of the Assignor;

                  (e) No consent, approval, authorization or order of any court
         or governmental agency or body is required for the execution, delivery
         and performance by the Assignor of or compliance by the Assignor with
         this Agreement, except for consents, approvals, authorizations and
         orders which have been obtained;

                  (f) The consummation of the transactions contemplated by this
         Agreement is in the ordinary course of business of the Assignor, and
         the transfer, assignment and conveyance of the Mortgage Notes and the
         Mortgages by the Assignor pursuant to this Agreement are not subject to
         bulk transfer or any similar statutory provisions in effect in any
         applicable jurisdiction;

                  (g) The Assignor used no adverse selection procedures in
         selecting from among the outstanding first lien residential mortgage
         loans owned by it which were available for inclusion in the sale to
         Assignee;

                  (h) The Assignor will treat the sale of the Mortgage Loans to
         the Assignee as a sale for reporting and accounting purposes and, to
         the extent appropriate, for federal income tax purposes;

                  (i) The Assignor does not believe, nor does it have any cause
         or reason to believe, that it cannot perform each and every covenant
         contained in this Agreement. The Assignor is solvent and the sale of
         the Mortgage Loans will not cause the Assignor to become insolvent. The
         sale of the Mortgage Loans is not undertaken with the intent to hinder,
         delay or defraud any of the Assignor's creditors;

                  (j) The Assignor has not dealt with any broker, investment
         banker, agent or other person that may be entitled to any commission or
         compensation in connection with the sale of the Mortgage Loans;

                  (k) No statement, tape, diskette, form, report or other
         document (the "Delivered Items") prepared by, or on behalf of, Assignor
         (other than Delivered Items prepared by or on behalf of the Companies)
         pursuant to this Agreement or in connection with the transactions
         contemplated hereby, contains or will contain any statement that is or
         will be inaccurate or misleading in any material respect; and

                  (l) (i) attached hereto as Exhibit A is a true, accurate and
         complete copy of the Purchase, Warranties and Servicing Agreement, (ii)
         such agreement is in full force and effect as of the date hereof, (iii)
         such agreement has not been amended or modified in any respect and (iv)
         no notice of termination has been given to such party under such
         agreement.

                  III. Holding Period Representations and Warranties.

                  (a) The Assignor further warrants and represents to the
         Assignee that with respect to each of the Mortgage Loans, each
         representation and warranty set forth in

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         Section 3.02 of the MLPWA is deemed to be made as of the date hereof
         and is true and correct in all material respects with respect to the
         period of time (in each case the "Holding Period") following the date
         on which each Company sells the Mortgage Loans to the Assignor, which
         shall be such dates as noted on Exhibit B (the "Company Closing Date")
         up to and including the date on which the Assignor assigns the Mortgage
         Loans to the Assignee, which shall be June 30, 2006 (the "Assignment
         Closing Date"), but only to the extent that such representation or
         warranty was true and correct when made by the Companies on the
         applicable Company Closing Date. In the event that the Assignee or the
         Assignor discovers a breach of a representation or warranty with
         respect to a Mortgage Loan arising during the related Holding Period,
         which materially and adversely affects the value of such Mortgage Loan
         or the interest of the Assignee therein, the party discovering such
         breach shall give prompt written notice to the other parties hereto and
         provide the Assignor with evidence of such breach, and the Assignor
         shall have 90 days following the discovery or receipt of notice of such
         breach in which to cure such breach or repurchase the affected Mortgage
         Loan. Subject to subparagraph (b) below, if the Assignor is unable to
         cure such breach, then the Assignor shall promptly repurchase each
         affected Mortgage Loan at the Repurchase Price (as defined below). For
         purposes of making certain representations and warranties contemplated
         in this section, each reference in Section 3.02 of the MLPWA (i) to the
         "Cut-off Date" shall be deemed to be a reference to the Assigned Loans
         Cut-off Date, (ii) to the "Mortgage Loan Schedule" shall be deemed to
         be a reference to Exhibit B attached hereto and (iii) to the "Closing
         Date" shall be deemed to be a reference to the date hereof.

                  (b) The "Repurchase Price" with respect to any affected
         Mortgage Loan shall be an amount equal to (a) the Purchase Price
         Percentage, multiplied by the outstanding principal balance of such
         affected Mortgage Loan as of the date of such repurchase, plus (b)
         accrued and unpaid interest on such affected Mortgage Loan to but not
         including the date of such repurchase, less (c) the amount of any
         unreimbursed principal or interest advances, if any, owed to the
         servicer with respect to such Mortgage Loan; provided, however, that in
         the event such breach constitutes a breach of Section 3.02(uu) of the
         MLPWA, then the Repurchase Price shall also include any costs and
         damages incurred by the Assignor or its assigns as a result of such
         breach. The Repurchase Price shall be paid by the Assignor by wire
         transfer to the Assignee to an account designated by the Assignee. The
         "Purchase Price Percentage" shall be the percentage set forth in that
         certain Purchase Price and Terms Letter dated as of May 24, 2006
         between the Assignor and the Assignee (the "PPTL").

                  (c) Contemporaneously with the Assignor's repurchase of any
         affected Mortgage Loan (each, a "Repurchased Mortgage Loan") from the
         Assignee pursuant to subparagraph (b) above, the Assignee shall
         reconvey such Repurchased Mortgage Loan to the Assignor by delivering
         to the Assignor or the Assignor's designee, the mortgage note endorsed
         in blank, the mortgage, the assignment of mortgage in blank and such
         other documents delivered to the Assignee in connection with the
         Assignee's purchase thereof, and by executing an assignment and
         assumption agreement, conveying the Assignee's rights to such
         Repurchased Mortgage Loan and any related rights under the Purchase,
         Warranties and Servicing Agreement to which such Mortgage Loan is
         subject and under this Agreement. In the event of a repurchase, the
         Companies shall service such

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         Repurchased Mortgage Loan in accordance with the terms of the Purchase,
         Warranties and Servicing Agreement from the date of the repurchase. In
         such event, the Assignee hereby agrees to reassign the Purchase,
         Warranties and Servicing Agreement to the Assignor with respect to such
         Repurchased Mortgage Loan and the Assignor shall succeed to the rights
         of the Assignee to enforce the obligations of the Companies, as
         applicable, to cure such breach or repurchase such Mortgage Loan under
         the terms of the Purchase, Warranties and Servicing Agreement with
         respect to such Repurchased Mortgage Loan.

                  IV. Assignee Representations and Warranties. The Assignee
         warrants and represents to, and covenants with, the Assignor and each
         Company that:

                  (a) The Assignee agrees to be bound, as Purchaser, by all of
         the terms, covenants and conditions of the Purchase, Warranties and
         Servicing Agreement and the Mortgage Loans, and from and after the date
         hereof, the Assignee assumes for the benefit of each of the Companies
         and the Assignor all of the Assignor's obligations as Purchaser
         thereunder, with respect to the Mortgage Loans;

                  (b) The Assignee understands that the Mortgage Loans have not
         been registered under the 1933 Act or the securities laws of any state;

                  (c) The purchase price being paid by the Assignee for the
         Mortgage Loans is in excess of $250,000 and will be paid by cash
         remittance of the full purchase price within sixty (60) days of the
         sale;

                  (d) The Assignee is acquiring the Mortgage Loans for
         investment for its own account only and not for any other person;

                  (e) The Assignee considers itself a substantial, sophisticated
         institutional investor having such knowledge in financial and business
         matters that it is capable of evaluating the merits and the risks of
         investment in the Mortgage Loans;

                  (f) The Assignee has been furnished with all information
         regarding the Mortgage Loans that it has requested from the Assignor or
         the Companies;

                  (g) Neither the Assignee nor anyone acting on its behalf has
         offered, transferred, pledged, sold or otherwise disposed of the
         Mortgage Loans, an interest in the Mortgage Loans or any other similar
         security to, or solicited any offer to buy or accept a transfer, pledge
         or other disposition of the Mortgage Loans, any interest in the
         Mortgage Loans or any other similar security from, or otherwise
         approached or negotiated with respect to the Mortgage Loans, any
         interest in the Mortgage Loans or any other similar security with, any
         person in any manner, or made any general solicitation by means of
         general advertising or in any other manner, or taken any other action
         which would constitute a distribution of the Mortgage Loans under the
         1933 Act or which would render the disposition of the Mortgage Loans a
         violation of Section 5 of the 1933 Act or require registration pursuant
         thereto, nor will it act, nor has it authorized or will it authorize
         any person to act, in such manner with respect to the Mortgage Loans;
         and

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                  (h) Either: (1) the Assignee is not an employee benefit plan
         ("Plan") within the meaning of section 3(3) of the Employee Retirement
         Income Security Act of 1974, as amended ("ERISA") or a plan (also
         "Plan") within the meaning of section 4975(e)(1) of the Internal
         Revenue Code of 1986 ("Code"), and the Assignee is not directly or
         indirectly purchasing the Mortgage Loans on behalf of, investment
         manager of, as named fiduciary of, as trustee of, or with assets of, a
         Plan; or (2) the Assignee's purchase of the Mortgage Loans will not
         result in a prohibited transaction under section 406 of ERISA or
         section 4975 of the Code.

                  V. Company Representations and Warranties.

                  (a) Each Company hereby makes the representations and
         warranties set forth in Sections 3.01 and 3.02 of the MLPWA as of the
         applicable Company Closing Date. The Assignee shall be entitled to all
         of the rights and remedies of the Purchaser (as defined in the MLPWA)
         under the MLPWA for a breach of any of the representations and
         warranties made by each Company herein.

                  (b) Each Company represents and warrants to the Assignee that
         (i) attached hereto as Exhibit A is a true, accurate and complete copy
         of the Purchase, Warranties and Servicing Agreement, (ii) such
         agreement is in full force and effect as of the date hereof, (iii) such
         agreement has not been amended or modified in any respect and (iv) no
         notice of termination has been given to such party under such
         agreement.

                  VI. Servicing. JPM hereby agrees that from and after the
Assignment Closing Date it shall note the transfer of the applicable Mortgage
Loans to the Assignee in its books and records and service the applicable
Mortgage Loans in accordance with the terms of the MLPWA (including without
limitation Articles IV through XII as they relate to the servicing and
reconstitution of the Mortgage Loans). The Assignee shall be entitled to all of
the rights and remedies of the Purchaser (as defined in the MLPWA) under the
MLPWA for any failure of JPM to service the Mortgage Loans in accordance with
the terms of the MLPWA. The Assignee, JPM or CHF hereby agree that from and
after the Assignment Closing Date, such parties will be bound by the Amendment
Reg AB with respect to the Mortgage Loans and the Amendment Reg AB shall be
applicable to the Mortgage Loans. The Assignee shall be entitled to all of its
rights and remedies under the Amendment Reg AB for any failure of JPM or CHF to
perform under the Amendment Reg AB with respect to the Mortgage Loans and JPM or
CHF shall be entitled to all of the rights and remedies of such respective party
under the Amendment Reg AB for any failure of the Assignee to perform under the
Amendment Reg AB with respect to the Mortgage Loans. An account has been
established as a Custodial Account pursuant to Section 4.04 of the MLPWA,
designated as "Chase Home Finance LLC, as subservicer for JPMorgan Chase Bank,
National Association, in trust for Bank of America, National Association, owner
of various whole loan series P&I." Another separate account has been established
as an Escrow Account pursuant to Section 4.06 of the MLPWA, designated as "Chase
Home Finance LLC, as subservicer for JPMorgan Chase Bank, National Association,
in trust for Bank of America, National Association, owner of various whole loan
series and various mortgagors T&I."

                  VII. Delivery of the Mortgage Files. The parties hereby agree
that the Companies are required to deliver the mortgage files with respect to
the Mortgage Loans in

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accordance with the terms of the Purchase, Warranties and Servicing Agreement;
provided, however, that the Companies agree that they will deliver the mortgage
files with respect to the Mortgage Loans in accordance with the terms of the
MLPWA within thirty (30) days following the applicable Company Closing Date (the
"Document Delivery Period"). To the extent that the Companies fail to deliver
the mortgage files to the Assignee as required by the end of the Document
Delivery Period, then the Assignee shall be entitled to all the rights and
remedies of the Purchaser (as defined in the MLPWA) under the MLPWA.

                  VIII. No Waiver. No term or provision of this Agreement may be
waived or modified unless such waiver or modification is in writing and signed
by the party against whom such waiver or modification is sought to be enforced.

                  IX. Assignment. This Agreement shall inure to the benefit of
the successors and assigns of the parties hereto. Any entity into which
Assignor, Assignee or any Company may be merged or consolidated shall, without
the requirement for any further writing, be deemed Assignor, Assignee or a
Company, respectively, hereunder.

                  X. Survival. Each of this Agreement, the Purchase, Warranties
and Servicing Agreement and the MLPWA shall survive the conveyance of the
Mortgage Loans and the assignment of the Purchase, Warranties and Servicing
Agreement (to the extent assigned hereunder) by Assignor to Assignee.

                  XI. Counterparts. This Agreement may be executed
simultaneously in any number of counterparts. Each counterpart shall be deemed
to be an original and all such counterparts shall constitute one and the same
instrument.

                  XII. Conflicts. In the event that any of the provisions of
this Agreement, the Purchase, Warranties and Servicing Agreement or the MLPWA
conflict, the agreements shall control in the following order of priority:
first, the terms of this Agreement, second, the terms of the MLPWA and third,
the terms of the Purchase, Warranties and Servicing Agreement.

                  XIII. Defined Terms. Except as expressly provided in the
succeeding sentence, capitalized terms used in this Agreement (including the
exhibits hereto) but not defined in this Agreement shall have the meanings given
to such terms in the Purchase, Warranties and Servicing Agreement. To the extent
that provisions of the MLPWA are referred to or incorporated by reference
herein, all capitalized terms used therein and defined therein shall be deemed
incorporated herein as well.

                  XIV. Joint and Several. Each Company shall be jointly and
severally liable for the full, complete and punctual performance and
satisfaction of all obligations of either Company under this Agreement.
Accordingly, each Company waives any and all notice of creation, renewal,
extension or accrual of any of the obligations and notice of or proof of
reliance by the Assignor or the Assignee upon such Company's joint and several
liability. Each Company waives diligence, presentment, protest, demand for
payment and notice of default or nonpayment to or upon such Company with respect
to the obligations. When pursuing its rights and remedies hereunder against
either Company, the Assignor or the Assignee may, but shall be under no
obligation, to pursue such rights and remedies hereunder against either Company
or any other

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Person or against any collateral security for the obligations or any right of
offset with respect thereto, and any failure by the Assignor or the Assignee to
pursue such other rights or remedies or to collect any payments from such
Company or any such other Person to realize upon any such collateral security or
to exercise any such right of offset, or any release of such Company or any such
other Person or any such collateral security, or right of offset, shall not
relieve such Company of any liability hereunder, and shall not impair or affect
the rights and remedies, whether express, implied or available as a matter of
law, of the Assignor or the Assignee against such Company.

                  XV. CHOICE OF LAW. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS
OF LAW PRINCIPLES, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

                  XVI. Notices. Addresses for purposes of all notices and
correspondence related to the Mortgage Loans and this Agreement is:

                  In the case of the Assignor:

                           J.P. Morgan Mortgage Acquisition Corp.
                           270 Park Avenue
                           6th Floor
                           New York, New York 10017
                           Attention: Jonathan Davis
                           Telephone: 212-834-3850
                           Facsimile: 212-834-6591

                           With a copy to:

                           JPMorgan Chase & Co.
                           270 Park Avenue
                           New York, New York 10017
                           Attention:  General Counsel's Office

                  In the case of the Assignee:

                           Bank of America, National Association
                           Hearst Tower
                           NCI-027-21-04
                           214 North Tryon Street, 21st Floor
                           Charlotte, NC  28255

                           Attention:  Managing Director

                  In the case of JPM:

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                           JPMorgan Chase Bank, National Association
                           300 Tice Boulevard
                           Woodcliff Lake, NJ 07677
                           Attention:  Michael D. Katz

                           With copy to:

                           General Counsel
                           JPMorgan Chase Bank, National Association
                           194 Wood Ave.
                           Iselin, NJ 08830

                  In the case of CHF:

                           300 Tice Boulevard
                           Woodcliff Lake, NJ 07677
                           Attention:  Michael D. Katz

                           With copy to:

                           General Counsel
                           Chase Home Finance LLC
                           194 Wood Avenue
                           Iselin, NJ 08830

                            [Signature Page Follows]

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                  IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed by their duly authorized officers as of the date first above
written.

------------------------------------------------------------ ---------------------------------------------------------
J.P. Morgan Mortgage Acquisition Corp.                       Bank of America, National Association

------------------------------------------------------------ ---------------------------------------------------------

By: /s/ Brian L. Simons                                      By: /s/ Bruce W. Good
Its: Vice President                                          Its: Vice President

------------------------------------------------------------ ---------------------------------------------------------

Taxpayer Identification                                      Taxpayer Identification
Number: 45-0483381                                           Number:  94-1687665

------------------------------------------------------------ ---------------------------------------------------------

JPMorgan Chase Bank, National Association                    Chase Home Finance LLC

By: /s/ Bruce J. Friedman                                    By: /s/ Bruce J. Friedman
Its: Vice President                                          Its: Senior Vice President

Taxpayer Identification                                      Taxpayer Identification
Number:______________________________                        Number:______________________________
------------------------------------------------------------ ---------------------------------------------------------

                                    EXHIBIT A

                     to Assignment and Assumption Agreement

         FLOW MORTGAGE LOAN PURCHASE, WARRANTIES AND SERVICING AGREEMENT

                                    EXHIBIT B

                     to Assignment and Assumption Agreement

                          FINAL LIST OF MORTGAGE LOANS

                                    EXHIBIT C

                     to Assignment and Assumption Agreement

           MORTGAGE LOAN PURCHASE, WARRANTIES AND SERVICING AGREEMENT

                                    EXHIBIT D

                     to Assignment and Assumption Agreement

                      ASSIGNEE'S WIRE TRANSFER INSTRUCTIONSASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

      Assignment, Assumption and Recognition Agreement (the "Agreement"), dated
September 28, 2006, is among Bank of America, National Association, a national
banking association ("Assignor"), Banc of America Funding Corporation, a
Delaware corporation ("BAFC"), U.S. Bank National Association, a national
banking association, as trustee of the Banc of America Funding 2006-5 Trust
("Assignee"), CitiMortgage, Inc., a New York corporation ("CitiMortgage"), as
master servicer of the Banc of America Funding 2006-5 Trust, JPMorgan Chase
Bank, National Association ("Chase Bank") and Chase Home Finance LLC, a limited
liability corporation ("CHF").

      WHEREAS, pursuant to the Assignment, Assumption and Recognition Agreement,
dated June 30, 2006, among J.P. Morgan Mortgage Acquisition Corp. ("JPMMAC"),
the Assignor, Chase Bank, and CHF (the "AAR"), which is attached in Appendix I
hereto, the Assignor purchased the Mortgage Loans (as defined herein) from Chase
Bank and CHF, and Chase Bank currently services the Mortgage Loans;

      WHEREAS, on the date hereof, the Assignor is transferring all of its
right, title and interest in and to the Mortgage Loans to BAFC;

      WHEREAS, on the date hereof, BAFC is transferring all of its right, title
and interest in and to the Mortgage Loans to the Assignee; and

      WHEREAS, on the date hereof, CitiMortgage, Inc., as master servicer (in
such capacity, the "Master Servicer"), is entering into a Pooling and Servicing
Agreement, dated the date hereof (the "Pooling Agreement), among BAFC, the
Master Servicer, Wells Fargo Bank, N.A., as securities administrator (the
"Securities Administrator") and the Assignee, pursuant to which the Master
Servicer will supervise, monitor and oversee the servicing of the Mortgage
Loans.

      For and in consideration of the sum of one dollar ($1.00) and other
valuable consideration the receipt and sufficiency of which are hereby
acknowledged, and of the mutual covenants herein contained, the parties hereto
hereby agree as follows:

      1.    The Assignor hereby grants, transfers and assigns to BAFC, and BAFC
hereby grants, transfers and assigns to Assignee, all of the right, title and
interest of the Assignor in, to and under the AAR, and the mortgage loans
delivered under such agreement by Chase Bank and CHF to the Assignor and listed
on Exhibit A attached hereto (the "Mortgage Loans").

      The Assignor specifically reserves and does not assign to BAFC or the
Assignee any right, title and interest in, to or under and all obligations of
the Assignor with respect to any mortgage loan subject to the AAR other than the
Mortgage Loans.

      2.    The Assignor warrants and represents to, and covenants with, BAFC
and the Assignee that:

      a.    The Assignor is the lawful owner of the Mortgage Loans with the full
            right to transfer the Mortgage Loans free from any and all claims
            and encumbrances whatsoever;

      b.    The Assignor has not received notice of, and has no knowledge of,
            any offsets, counterclaims or other defenses available to CHF with
            respect to the AAR or the Mortgage Loans;

      c.    The Assignor has not waived or agreed to any waiver under, or agreed
            to any amendment or other modification of, (i) the Mortgage Loan
            Purchase, Warranties and Servicing Agreement, dated as of January 1,
            2005, by and between CHF and the Assignor, as amended by the
            Amendment Reg AB, dated as of January 1, 2006, among CHF, Chase Bank
            and the Assignor (collectively, the "Purchase Agreement"), (ii) the
            AAR or (iii) the Mortgage Loans, including without limitation the
            transfer of the servicing obligations under the Purchase Agreement.
            The Assignor has no knowledge of, and has not received notice of,
            any waivers under or amendments or other modifications of, or
            assignments of rights or obligations under, the Purchase Agreement,
            the AAR or the Mortgage Loans; and

      d.    Neither the Assignor nor anyone acting on its behalf has offered,
            transferred, pledged, sold or otherwise disposed of the Mortgage
            Loans, any interest in the Mortgage Loans or any other similar
            security to, or solicited any offer to buy or accept a transfer,
            pledge or other disposition of the Mortgage Loans, any interest in
            the Mortgage Loans or any other similar security from, or otherwise
            approached or negotiated with respect to the Mortgage Loans, any
            interest in the Mortgage Loans or any other similar security with,
            any person in any manner, or made any general solicitation by means
            of general advertising or in any other manner, or taken any other
            action which would constitute a distribution of the Mortgage Loans
            under the Securities Act of 1933, as amended (the "Securities Act"),
            or which would render the disposition of the Mortgage Loans a
            violation of Section 5 of the Securities Act or require registration
            pursuant thereto.

      3.    From and after the date hereof, (i) Chase Bank and CHF shall note
the transfer of the Mortgage Loans to the Assignee in their books and records,
(ii) Chase Bank and CHF shall recognize the Assignee as the owner of the
Mortgage Loans and (iii) notwithstanding anything to the contrary contained in
Section 11.01 of the Purchase Agreement or the AAR, Chase Bank shall service the
Mortgage Loans pursuant to the Mortgage Loan Purchase, Warranties and Servicing
Agreement, dated as of May 1, 2005, as amended by Amendment No. 1, dated as of
January 1, 2006, and as amended by that certain Regulation AB Compliance
Addendum, dated as of January 1, 2006 (collectively, the "Servicing Agreement"),
each by and among the Assignor, Chase Bank and CHF, as modified by Section 10
hereof, for the benefit of the Assignee.

      4.    CHF and Chase Bank acknowledge that the Master Servicer, pursuant to
the Pooling Agreement, will administer on behalf of the Assignee the terms and
conditions of the Servicing Agreement. Chase Bank shall create a separate
Custodial Account and a separate

                                        2

Escrow Account for the Mortgage Loans, each designated "Chase Home Finance LLC,
as subservicer, for JPMorgan Chase Bank, N.A., as Servicer for U.S. Bank
National Association, as Trustee, in trust for registered holders of Banc of
America Funding Corporation Mortgage Pass-Through Certificates, Series 2006-5."
The Master Servicer shall be authorized to enforce directly against CHF and
Chase Bank any of the obligations of CHF and Chase Bank to the Purchaser or its
assignees provided for in the Servicing Agreement. All servicing reports
prepared by Chase Bank shall be provided to the Master Servicer, and all
remittances by Chase Bank shall be made to the account or accounts designated by
the Master Servicer to Chase Bank in writing from time to time. Wire remittances
shall be sent to:

            Bank Name:           CitiBank (West)
            Bank City/State:     Glendale, CA
            ABA Number:          321171184
            Account Name:        CMI MSD Clearing
            Account Number:      #070-4913896

      5.    Chase Bank hereby represents and warrants to each of the other
parties hereto (i) that the representations and warranties of Chase Bank in
Sections 3.01 of the Purchase Agreement are true and correct in all material
respects as of the date hereof with the same force and effect as though
expressly made at and/or as of the date hereof, except with respect to Section
3.01(d), Section 3.01(i), Section 3.01(j), the last two sentences of Section
3.01(l), Section 3.01(m), the clause following the semicolon in section 3.01(n),
Section 3.01(o) and Section 3.01(p), (ii) that it has serviced each Mortgage
Loan in accordance with the terms of the Purchase Agreement or the AAR, (iii)
that it has taken no action nor omitted to take any required action the omission
of which would have the effect of impairing any mortgage insurance or guarantee
on the Mortgage Loans and (iv) that any information provided by it on or before
the date hereof to any of the parties hereto is true and correct. CHF hereby
represents and warrants to each of the other parties hereto (i) that the
representations and warranties of CHF in Sections 3.01 of the Purchase Agreement
are true and correct in all material respects as of the date hereof with the
same force and effect as though expressly made at and/or as of the date hereof,
except with respect to Section 3.01(d), Section 3.01(i), Section 3.01(j), the
last two sentences of Section 3.01(l), Section 3.01(m), the clause following the
semicolon in section 3.01(n), Section 3.01(o) and Section 3.01(p), (ii) that it
has taken no action nor omitted to take any required action the omission of
which would have the effect of impairing any mortgage insurance or guarantee on
the Mortgage Loans and (iii) that any information provided by it on or before
the date hereof to any of the parties hereto is true and correct.

      6.    Chase Bank hereby agrees that, in connection with each Mortgage Loan
of which the related Mortgage has been recorded in the name of MERS or its
designee, it shall take all actions as are necessary to cause the Assignee, as
trustee of the Trust pursuant to the Pooling Agreement, to be shown as the owner
of such Mortgage Loan on the records of MERS for purposes of the system of
recording transfers of beneficial ownership of mortgages maintained by MERS.

      7.    In accordance with Sections 2.04 and 11.01 of the Servicing
Agreement, the Assignor hereby instructs Chase Bank, and Chase Bank hereby
agrees, to release from its custody and deliver the contents of the Mortgage
File (as defined in the Servicing Agreement)

                                        3

for each Mortgage Loan to the Assignee, in its capacity as a custodian under the
Pooling Agreement, at the address set forth in Section 12 hereof on or before
the closing date of the related Pass-Through Transfer (as defined in the
Servicing Agreement).

      8.    Chase Bank hereby agrees that any repurchase or substitution of a
Mortgage Loan pursuant to Section 3.03 of the Purchase Agreement or the AAR be
done so in accordance with the provisions set forth in Section 2.02 of the
Pooling Agreement.

      9.    CHF and Chase Bank hereby agree to the following modifications to
the Servicing Agreement solely with respect to the related Mortgage Loans:

      a.    Article I. The following definition is hereby added:

            Master Servicer: Any master servicer named in a pooling and
            servicing agreement in connection with any Securitization or other
            securitization transaction.

      b.    Section 3.01(a). In the first sentence of the first paragraph of
            Section 3.01(a) the phrase "is a limited liability company duly
            organized, validly existing and in good standing under the laws of
            the State of Delaware" is hereby deleted and replaced with the
            phrase "is a national banking association duly organized and
            existing under the laws of the United States of America."

      c.    Section 3.02. Section 3.02(uu) shall be deleted and replaced with
            the following:

            "No Mortgage Loan is (a) a "high cost" loan under the Home Ownership
            and Equity Protection Act of 1994 as amended, or (b) a "high cost,"
            "threshold," "covered," "predatory," "abusive," or similarly defined
            loan, including refinance loans, under any other applicable state,
            federal or local law (or a similarly classified loan using different
            terminology under a law imposing heightened regulatory scrutiny or
            additional legal liability for residential mortgage loans having
            high interest rates, points and/or fees), provided that any Mortgage
            Loan secured by a Mortgaged Property in Illinois characterized as a
            "threshold" loan shall not be a "high cost" loan unless it is
            characterized as "predatory" under applicable local law or (c) a
            "High Cost Loan" or "Covered Loan" as defined in the S&P LEVELS
            Glossary Version 5.6(b), Appendix E;"

      d.    Section 3.03. The second sentence of the second paragraph of Section
            3.03 is hereby deleted in its entirely and replaced with the
            following:

            "Any substitute Mortgage Loan shall, on the date of such
            substitution, (i) have an outstanding principal balance, after
            deduction of all scheduled payments due in the month of substitution
            (or in the case of a substitution of more than one mortgage loan for
            a removed Mortgage Loan, an aggregate principal balance), not in
            excess of the Stated Principal Balance of the removed Mortgage Loan;
            (ii) have a Mortgage Loan Remittance Rate not less than, and not
            more than 2% greater than the Mortgage Loan Remittance Rate of the
            removed Mortgage Loan; (iii) have a remaining term to maturity not
            greater than and not more than one

                                        4

            year less than that of the removed Mortgage Loan; (iv) comply with
            each representation and warranty set forth in Sections 3.01 and
            3.02; (v) be of the same type as the removed Mortgage Loan; (vi)
            have a Gross Margin not less than that of the removed Mortgage Loan;
            (vii) have the same Index as the removed Mortgage Loan; (viii) have
            a FICO score not less than that of the removed Mortgage Loan, (ix)
            have a Loan-to-Value Ratio not greater than that of the removed
            Mortgage Loan; (x) have a credit grade not lower in quality than
            that of the removed Mortgage Loan and (xi) have the same lien status
            as the removed Mortgage Loan."

      e.    Section 5.02. The second paragraph of Section 5.02 is hereby deleted
            in its entirety and replaced with the following:

            "Not later than the fifth (5th) Business Day of each month, the
            Seller shall furnish to the Purchaser a delinquency report in the
            form set forth in Exhibit E-1, a monthly remittance advice in the
            form set forth in Exhibit E-2, and a realized loss report in the
            form set forth in Exhibit E-3, each in a mutually agreeable
            electronic format, as to the remittance on such Remittance Date and
            as to the period ending on the last day of the month preceding such
            Remittance Date."

            The exhibits referenced in this Section 10(e) are attached to this
            Agreement as Exhibit B hereto.

      f.    Section 11.01. Section 11.01(a)(ii) is hereby modified to add the
            phrase "Pass-Through" after the phrase "one or more".

      g.    For purposes of clarification, the Servicing Fee Rate is equal to
            0.250% per annum.

      10.   In connection with any transfer of the Mortgage Loans to the
Assignee, each of CHF, Chase Bank and BAFC will pay all their own expenses in
connection with negotiating the documents relating to such transfer and
reviewing any applicable disclosure documents, provided that BAFC will pay any
expenses incurred for professional fees of CHF's and Chase Bank's external
accountants. With respect to any disclosure document containing servicing
information of Chase Bank, BAFC shall have the right to directly engage
PricewaterhouseCoopers LLP to provide a comfort letter (which letter shall also
include CHF as an addressee) regarding such servicing information and will pay
the related fee at the time of closing of the transaction directly to
PricewaterhouseCoopers LLP.

      11.   The Assignee's address for purposes of all notices and
correspondence related to the Mortgage Loans, the AAR and the Servicing
Agreement is:

            U.S. Bank National Association
            209 S. LaSalle Street, Suite 300
            Chicago, Illinois 60604
            Attention: Structured Finance Trust Services, BAFC 2006-5

                                        5

      The Assignor's address for purposes of all notices and correspondence
related to the Mortgage Loans, the AAR and the Servicing Agreement is:

            Bank of America, National Association
            214 North Tryon Street
            Charlotte, North Carolina 28255
            Attention: Managing Director

      BAFC's address for purposes of all notices and correspondence related to
the Mortgage Loans is:

            Banc of America Funding Corporation
            214 North Tryon Street
            Charlotte, North Carolina 28255
            Attention: General Counsel and Chief Financial Officer

      The Master Servicer's address for purposes of all notices and
correspondence related to the Mortgage Loans is:

            CitiMortgage, Inc.
            4000 Regent Blvd., 3rd Floor
            Irving, Texas 75063
            Attention: Master Servicing Division

                               [Signatures Follow]

                                        6

      IN WITNESS WHEREOF, the parties have caused this Assignment, Assumption
and Recognition Agreement to be executed by their duly authorized officers as of
the date first above written.

Bank of America, National Association,     Chase Home Finance LLC
Assignor

By:       /s/ Bruce W. Good                By:      /s/ Bruce J. Friedman
    ----------------------------------         ---------------------------------
Name:  Bruce W. Good                       Name:  Bruce J. Friedman
Title: Principal                           Title: Senior Vice President

JPMorgan Chase Bank, National              Banc of America Funding Corporation
Association

By:       /s/ Bruce J. Friedman            By:      /s/ Scott Evans
    ----------------------------------         --------------------------------
Name:  Bruce J. Friedman                   Name:  Scott Evans
Title: Vice President                      Title: Senior Vice President

U.S. Bank National Association,
Assignee

By:       /s/ Melissa A. Rosal
    ----------------------------------
Name:  Melissa A. Rosal
Title: Vice President

Acknowledged and Agreed as of the date first above written:

CitiMortgage, Inc., as Master Servicer

By:       /s/ Tommy Harris
    ----------------------------------
Name:  Tommy Harris
Title: Senior Vice President

                                    EXHIBIT A

                           Schedule of Mortgage Loans

             [Please see Exhibit D to Exhibit 4.1 of this Form 8-K]

                                       A-1

                                    EXHIBIT B

--------------------------------------------------------------------------------
EXHIBIT E-1 STANDARD FILE LAYOUT - DELINQUENCY REPORTING
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------------------
COLUMN/HEADER NAME                              DESCRIPTION                       DECIMAL    FORMAT COMMENT
--------------------------------------------------------------------------------------------------------------------

SERVICER_LOAN_NBR              A unique number assigned to a loan by the
                               Servicer. This may be different than the
                               LOAN_NBR
--------------------------------------------------------------------------------------------------------------------
LOAN_NBR                       A unique identifier assigned to each loan by
                               the originator.
--------------------------------------------------------------------------------------------------------------------
CLIENT_NBR                     Servicer Client Number
--------------------------------------------------------------------------------------------------------------------
SERV_INVESTOR_NBR              Contains a unique number as assigned by an
                               external servicer to identify a group of loans
                               in their system.
--------------------------------------------------------------------------------------------------------------------
BORROWER_FIRST_NAME            First Name of the Borrower.
--------------------------------------------------------------------------------------------------------------------
BORROWER_LAST_NAME             Last name of the borrower.
--------------------------------------------------------------------------------------------------------------------
PROP_ADDRESS                   Street Name and Number of Property
--------------------------------------------------------------------------------------------------------------------
PROP_STATE                     The state where the property located.
--------------------------------------------------------------------------------------------------------------------
PROP_ZIP                       Zip code where the property is located.
--------------------------------------------------------------------------------------------------------------------
BORR_NEXT_PAY_DUE_DATE         The date that the borrower's next payment is                  MM/DD/YYYY
                               due to the servicer at the end of processing
                               cycle, as reported by Servicer.
--------------------------------------------------------------------------------------------------------------------
LOAN_TYPE                      Loan Type (i.e. FHA, VA, Conv)
--------------------------------------------------------------------------------------------------------------------
BANKRUPTCY_FILED_DATE          The date a particular bankruptcy claim was                    MM/DD/YYYY
                               filed.
--------------------------------------------------------------------------------------------------------------------
BANKRUPTCY_CHAPTER_CODE        The chapter under which the bankruptcy was
                               filed.
--------------------------------------------------------------------------------------------------------------------
BANKRUPTCY_CASE_NBR            The case number assigned by the court to the
                               bankruptcy filing.
--------------------------------------------------------------------------------------------------------------------
POST_PETITION_DUE_DATE         The payment due date once the bankruptcy has                  MM/DD/YYYY
                               been approved by the courts
--------------------------------------------------------------------------------------------------------------------
BANKRUPTCY_DCHRG_DISM_DATE     The Date The Loan Is Removed From Bankruptcy.                 MM/DD/YYYY
                               Either by Dismissal, Discharged and/or a
                               Motion For Relief Was Granted.
--------------------------------------------------------------------------------------------------------------------
LOSS_MIT_APPR_DATE             The Date The Loss Mitigation Was Approved By                  MM/DD/YYYY
                               The Servicer
--------------------------------------------------------------------------------------------------------------------
LOSS_MIT_TYPE                  The Type Of Loss Mitigation Approved For A
                               Loan Such As;
--------------------------------------------------------------------------------------------------------------------
LOSS_MIT_EST_COMP_DATE         The Date The Loss Mitigation /Plan Is                         MM/DD/YYYY
                               Scheduled To End/Close
--------------------------------------------------------------------------------------------------------------------
LOSS_MIT_ACT_COMP_DATE         The Date The Loss Mitigation Is Actually                      MM/DD/YYYY
                               Completed
--------------------------------------------------------------------------------------------------------------------
FRCLSR_APPROVED_DATE           The date DA Admin sends a letter to the                       MM/DD/YYYY
                               servicer with instructions to begin
                               foreclosure proceedings.
--------------------------------------------------------------------------------------------------------------------
ATTORNEY_REFERRAL_DATE         Date File Was Referred To Attorney to Pursue                  MM/DD/YYYY
                               Foreclosure
--------------------------------------------------------------------------------------------------------------------
FIRST_LEGAL_DATE               Notice of 1st legal filed by an Attorney in a                 MM/DD/YYYY
                               Foreclosure Action
--------------------------------------------------------------------------------------------------------------------
FRCLSR_SALE_EXPECTED_DATE      The date by which a foreclosure sale is                       MM/DD/YYYY
                               expected to occur.
--------------------------------------------------------------------------------------------------------------------
FRCLSR_SALE_DATE               The actual date of the foreclosure sale.                      MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
FRCLSR_SALE_AMT                The amount a property sold for at the                 2       No commas(,) or dollar
                               foreclosure sale.                                             signs ($)
--------------------------------------------------------------------------------------------------------------------
EVICTION_START_DATE            The date the servicer initiates eviction of                   MM/DD/YYYY
                               the borrower.
--------------------------------------------------------------------------------------------------------------------
EVICTION_COMPLETED_DATE        The date the court revokes legal possession of                MM/DD/YYYY
                               the property from the borrower.
--------------------------------------------------------------------------------------------------------------------

                                       B-1

--------------------------------------------------------------------------------------------------------------------
COLUMN/HEADER NAME                              DESCRIPTION                       DECIMAL    FORMAT COMMENT
--------------------------------------------------------------------------------------------------------------------

LIST_PRICE                     The price at which an REO property is                 2       No commas(,) or dollar
                               marketed.                                                     signs ($)
--------------------------------------------------------------------------------------------------------------------
LIST_DATE                      The date an REO property is listed at a                       MM/DD/YYYY
                               particular price.
--------------------------------------------------------------------------------------------------------------------
OFFER_AMT                      The dollar value of an offer for an REO               2       No commas(,) or dollar
                               property.                                                     signs ($)
--------------------------------------------------------------------------------------------------------------------
OFFER_DATE_TIME                The date an offer is received by DA Admin or                  MM/DD/YYYY
                               by the Servicer.
--------------------------------------------------------------------------------------------------------------------
REO_CLOSING_DATE               The date the REO sale of the property is                      MM/DD/YYYY
                               scheduled to close.
--------------------------------------------------------------------------------------------------------------------
REO_ACTUAL_CLOSING_DATE        Actual Date Of REO Sale                                       MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
OCCUPANT_CODE                  Classification of how the property is
                               occupied.
--------------------------------------------------------------------------------------------------------------------
PROP_CONDITION_CODE            A code that indicates the condition of the
                               property.
--------------------------------------------------------------------------------------------------------------------
PROP_INSPECTION_DATE           The date a property inspection is performed.                  MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
APPRAISAL_DATE                 The date the appraisal was done.                              MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
CURR_PROP_VAL                  The current "as is" value of the property             2
                               based on brokers price opinion or appraisal.
--------------------------------------------------------------------------------------------------------------------
REPAIRED_PROP_VAL              The amount the property would be worth if             2
                               repairs are completed pursuant to a broker's
                               price opinion or appraisal.
--------------------------------------------------------------------------------------------------------------------
IF APPLICABLE:
--------------------------------------------------------------------------------------------------------------------
DELINQ_STATUS_CODE             FNMA Code Describing Status of Loan
--------------------------------------------------------------------------------------------------------------------
DELINQ_REASON_CODE             The circumstances which caused a borrower to
                               stop paying on a loan. Code indicates the
                               reason why the loan is in default for this
                               cycle.
--------------------------------------------------------------------------------------------------------------------
MI_CLAIM_FILED_DATE            Date Mortgage Insurance Claim Was Filed With                  MM/DD/YYYY
                               Mortgage Insurance Company.
--------------------------------------------------------------------------------------------------------------------
MI_CLAIM_AMT                   Amount of Mortgage Insurance Claim Filed                      No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------
MI_CLAIM_PAID_DATE             Date Mortgage Insurance Company Disbursed                     MM/DD/YYYY
                               Claim Payment
--------------------------------------------------------------------------------------------------------------------
MI_CLAIM_AMT_PAID              Amount Mortgage Insurance Company Paid On             2       No commas(,) or dollar
                               Claim                                                         signs ($)
--------------------------------------------------------------------------------------------------------------------
POOL_CLAIM_FILED_DATE          Date Claim Was Filed With Pool Insurance                      MM/DD/YYYY
                               Company
--------------------------------------------------------------------------------------------------------------------
POOL_CLAIM_AMT                 Amount of Claim Filed With Pool Insurance             2       No commas(,) or dollar
                               Company                                                       signs ($)
--------------------------------------------------------------------------------------------------------------------
POOL_CLAIM_PAID_DATE           Date Claim Was Settled and The Check Was                      MM/DD/YYYY
                               Issued By The Pool Insurer
--------------------------------------------------------------------------------------------------------------------
POOL_CLAIM_AMT_PAID            Amount Paid On Claim By Pool Insurance Company        2       No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------
FHA_PART_A_CLAIM_FILED_DATE    Date FHA Part A Claim Was Filed With HUD                      MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
FHA_PART_A_CLAIM_AMT           Amount of FHA Part A Claim Filed                      2       No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------
FHA_PART_A_CLAIM_PAID_DATE     Date HUD Disbursed Part A Claim Payment                       MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
FHA_PART_A_CLAIM_PAID_AMT      Amount HUD Paid on Part A Claim                       2       No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------
FHA_PART_B_CLAIM_FILED_DATE    Date FHA Part B Claim Was Filed With HUD                      MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
FHA_PART_B_CLAIM_AMT           Amount of FHA Part B Claim Filed                      2       No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------
FHA_PART_B_CLAIM_PAID_DATE     Date HUD Disbursed Part B Claim Payment                       MM/DD/YYYY
--------------------------------------------------------------------------------------------------------------------
FHA_PART_B_CLAIM_PAID_AMT      Amount HUD Paid on Part B Claim                       2       No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------

                                       B-2

--------------------------------------------------------------------------------------------------------------------
COLUMN/HEADER NAME                              DESCRIPTION                       DECIMAL    FORMAT COMMENT
--------------------------------------------------------------------------------------------------------------------

VA_CLAIM_FILED_DATE            Date VA Claim Was Filed With the Veterans                     MM/DD/YYYY
                               Admin
--------------------------------------------------------------------------------------------------------------------
VA_CLAIM_PAID_DATE             Date Veterans Admin. Disbursed VA Claim                       MM/DD/YYYY
                               Payment
--------------------------------------------------------------------------------------------------------------------
VA_CLAIM_PAID_AMT              Amount Veterans Admin. Paid on VA Claim               2       No commas(,) or dollar
                                                                                             signs ($)
--------------------------------------------------------------------------------------------------------------------

                                       B-3

--------------------------------------------------------------------------------
EXHIBIT E-1: STANDARD FILE CODES - DELINQUENCY REPORTING
--------------------------------------------------------------------------------

The LOSS MIT TYPE field should show the approved Loss Mitigation Code as
follows:

      o   ASUM-     Approved Assumption

      o   BAP-      Borrower Assistance Program

      o   CO-       Charge Off

      o   DIL-      Deed-in-Lieu

      o   FFA-      Formal Forbearance Agreement

      o   MOD-      Loan Modification

      o   PRE-      Pre-Sale

      o   SS-       Short Sale

      o   MISC-     Anything else approved by the PMI or Pool Insurer

NOTE: CitiMortgage, Inc. will accept alternative Loss Mitigation Types to those
above, provided that they are consistent with industry standards. If Loss
Mitigation Types other than those above are used, the Servicer must supply
CitiMortgage, Inc. with a description of each of the Loss Mitigation Types prior
to sending the file.

The OCCUPANT CODE field should show the current status of the property code as
follows:

      o   Mortgagor

      o   Tenant

      o   Unknown

      o   Vacant

The PROPERTY CONDITION field should show the last reported condition of the
property as follows:

      o   Damaged

      o   Excellent

      o   Fair

      o   Gone

      o   Good

      o   Poor

      o   Special Hazard

      o   Unknown

                                       B-4

--------------------------------------------------------------------------------
EXHIBIT E-1: STANDARD FILE CODES - DELINQUENCY REPORTING, CONTINUED
--------------------------------------------------------------------------------

The FNMA DELINQUENT REASON CODE field should show the Reason for Delinquency as
follows:

      --------------------------------------------------------------------------
      DELINQUENCY CODE          DELINQUENCY DESCRIPTION
      --------------------------------------------------------------------------
      001                       FNMA-Death of principal mortgagor
      --------------------------------------------------------------------------
      002                       FNMA-Illness of principal mortgagor
      --------------------------------------------------------------------------
      003                       FNMA-Illness of mortgagor's family member
      --------------------------------------------------------------------------
      004                       FNMA-Death of mortgagor's family member
      --------------------------------------------------------------------------
      005                       FNMA-Marital difficulties
      --------------------------------------------------------------------------
      006                       FNMA-Curtailment of income
      --------------------------------------------------------------------------
      007                       FNMA-Excessive Obligation
      --------------------------------------------------------------------------
      008                       FNMA-Abandonment of property
      --------------------------------------------------------------------------
      009                       FNMA-Distant employee transfer
      --------------------------------------------------------------------------
      011                       FNMA-Property problem
      --------------------------------------------------------------------------
      012                       FNMA-Inability to sell property
      --------------------------------------------------------------------------
      013                       FNMA-Inability to rent property
      --------------------------------------------------------------------------
      014                       FNMA-Military Service
      --------------------------------------------------------------------------
      015                       FNMA-Other
      --------------------------------------------------------------------------
      016                       FNMA-Unemployment
      --------------------------------------------------------------------------
      017                       FNMA-Business failure
      --------------------------------------------------------------------------
      019                       FNMA-Casualty loss
      --------------------------------------------------------------------------
      022                       FNMA-Energy environment costs
      --------------------------------------------------------------------------
      023                       FNMA-Servicing problems
      --------------------------------------------------------------------------
      026                       FNMA-Payment adjustment
      --------------------------------------------------------------------------
      027                       FNMA-Payment dispute
      --------------------------------------------------------------------------
      029                       FNMA-Transfer of ownership pending
      --------------------------------------------------------------------------
      030                       FNMA-Fraud
      --------------------------------------------------------------------------
      031                       FNMA-Unable to contact borrower
      --------------------------------------------------------------------------
      INC                       FNMA-Incarceration
      --------------------------------------------------------------------------

                                       B-5

--------------------------------------------------------------------------------
EXHIBIT E-1: STANDARD FILE CODES - DELINQUENCY REPORTING, CONTINUED
--------------------------------------------------------------------------------

The FNMA DELINQUENT STATUS CODE field should show the Status of Default as
follows:

      --------------------------------------------------------------------------
        STATUS CODE             STATUS DESCRIPTION
      --------------------------------------------------------------------------
             09                 Forbearance
      --------------------------------------------------------------------------
             17                 Pre-foreclosure Sale Closing Plan Accepted
      --------------------------------------------------------------------------
             24                 Government Seizure
      --------------------------------------------------------------------------
             26                 Refinance
      --------------------------------------------------------------------------
             27                 Assumption
      --------------------------------------------------------------------------
             28                 Modification
      --------------------------------------------------------------------------
             29                 Charge-Off
      --------------------------------------------------------------------------
             30                 Third Party Sale
      --------------------------------------------------------------------------
             31                 Probate
      --------------------------------------------------------------------------
             32                 Military Indulgence
      --------------------------------------------------------------------------
             43                 Foreclosure Started
      --------------------------------------------------------------------------
             44                 Deed-in-Lieu Started
      --------------------------------------------------------------------------
             49                 Assignment Completed
      --------------------------------------------------------------------------
             61                 Second Lien Considerations
      --------------------------------------------------------------------------
             62                 Veteran's Affairs-No Bid
      --------------------------------------------------------------------------
             63                 Veteran's Affairs-Refund
      --------------------------------------------------------------------------
             64                 Veteran's Affairs-Buydown
      --------------------------------------------------------------------------
             65                 Chapter 7 Bankruptcy
      --------------------------------------------------------------------------
             66                 Chapter 11 Bankruptcy
      --------------------------------------------------------------------------
             67                 Chapter 13 Bankruptcy
      --------------------------------------------------------------------------

                                       B-6

--------------------------------------------------------------------------------
EXHIBIT E-2: STANDARD FILE LAYOUT - SCHEDULED/SCHEDULED
--------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
COLUMN NAME               DESCRIPTION                                           DECIMAL   FORMAT COMMENT                   MAX SIZE
------------------------------------------------------------------------------------------------------------------------------------

SER_INVESTOR_NBR          A value assigned by the Servicer to define a group              Text up to 10 digits                   20
                          of loans.
------------------------------------------------------------------------------------------------------------------------------------
LOAN_NBR                  A unique identifier assigned to each loan by the                Text up to 10 digits                   10
                          investor.
------------------------------------------------------------------------------------------------------------------------------------
SERVICER_LOAN_NBR         A unique number assigned to a loan by the                       Text up to 10 digits                   10
                          Servicer. This may be different than the LOAN_NBR.
------------------------------------------------------------------------------------------------------------------------------------
BORROWER_NAME             The borrower name as received in the file.  It is               Maximum length of 30 (Last,            30
                          not separated by first and last name.                           First)
------------------------------------------------------------------------------------------------------------------------------------
SCHED_PAY_AMT             Scheduled monthly principal and scheduled interest       2      No commas(,) or dollar signs           11
                          payment that a borrower is expected to pay, P&I                 ($)
                          constant.
------------------------------------------------------------------------------------------------------------------------------------
NOTE_INT_RATE             The loan interest rate as reported by the Servicer.      4      Max length of 6                         6
------------------------------------------------------------------------------------------------------------------------------------
NET_INT_RATE              The loan gross interest rate less the service fee        4      Max length of 6                         6
                          rate as reported by the Servicer.
------------------------------------------------------------------------------------------------------------------------------------
SERV_FEE_RATE             The servicer's fee rate for a loan as reported by        4      Max length of 6                         6
                          the Servicer.
------------------------------------------------------------------------------------------------------------------------------------
SERV_FEE_AMT              The servicer's fee amount for a loan as reported by      2      No commas(,) or dollar signs           11
                          the Servicer.                                                   ($)
------------------------------------------------------------------------------------------------------------------------------------
NEW_PAY_AMT               The new loan payment amount as reported by the           2      No commas(,) or dollar signs           11
                          Servicer.                                                       ($)
------------------------------------------------------------------------------------------------------------------------------------
NEW_LOAN_RATE             The new loan rate as reported by the Servicer.           4      Max length of 6                         6
------------------------------------------------------------------------------------------------------------------------------------
ARM_INDEX_RATE            The index the Servicer is using to calculate a           4      Max length of 6                         6
                          forecasted rate.
------------------------------------------------------------------------------------------------------------------------------------
ACTL_BEG_PRIN_BAL         The borrower's actual principal balance at the           2      No commas(,) or dollar signs           11
                          beginning of the processing cycle.                              ($)
------------------------------------------------------------------------------------------------------------------------------------
ACTL_END_PRIN_BAL         The borrower's actual principal balance at the end       2      No commas(,) or dollar signs           11
                          of the processing cycle.                                        ($)
------------------------------------------------------------------------------------------------------------------------------------
BORR_NEXT_PAY_DUE_DATE    The date at the end of processing cycle that the                MM/DD/YYYY                             10
                          borrower's next payment is due to the Servicer, as
                          reported by Servicer.
------------------------------------------------------------------------------------------------------------------------------------
SERV_CURT_AMT_1           The first curtailment amount to be applied.              2      No commas(,) or dollar signs           11
                                                                                          ($)
------------------------------------------------------------------------------------------------------------------------------------
SERV_CURT_DATE_1          The curtailment date associated with the first                  MM/DD/YYYY                             10
                          curtailment amount.
------------------------------------------------------------------------------------------------------------------------------------
CURT_ADJ_ AMT_1           The curtailment interest on the first curtailment        2      No commas(,) or dollar signs           11
                          amount, if applicable.                                          ($)
------------------------------------------------------------------------------------------------------------------------------------
SERV_CURT_AMT_2           The second curtailment amount to be applied.             2      No commas(,) or dollar signs           11
                                                                                          ($)
------------------------------------------------------------------------------------------------------------------------------------
SERV_CURT_DATE_2          The curtailment date associated with the second                 MM/DD/YYYY                             10
                          curtailment amount.
------------------------------------------------------------------------------------------------------------------------------------
CURT_ADJ_ AMT_2           The curtailment interest on the second curtailment       2      No commas(,) or dollar signs           11
                          amount, if applicable.                                          ($)
------------------------------------------------------------------------------------------------------------------------------------
SERV_CURT_AMT_3           The third curtailment amount to be applied.              2      No commas(,) or dollar signs           11
                                                                                          ($)
------------------------------------------------------------------------------------------------------------------------------------
SERV_CURT_DATE_3          The curtailment date associated with the third                  MM/DD/YYYY                             10
                          curtailment amount.
------------------------------------------------------------------------------------------------------------------------------------
CURT_ADJ_AMT_3            The curtailment interest on the third curtailment        2      No commas(,) or dollar signs           11
                          amount, if applicable.                                          ($)
------------------------------------------------------------------------------------------------------------------------------------

                                       B-7

PIF_AMT                   The loan "paid in full" amount as reported by the        2      No commas(,) or dollar signs           11
                          Servicer.                                                       ($)
------------------------------------------------------------------------------------------------------------------------------------
PIF_DATE                  The paid in full date as reported by the Servicer.              MM/DD/YYYY                             10
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          Action Code Key: 15=Bankruptcy,         2
                                                                                          30=Foreclosure,    , 60=PIF,
ACTION_CODE               The standard FNMA numeric code used to indicate the             63=Substitution, 65=Repurchase,
                          default/delinquent status of a particular loan.                 70=REO
------------------------------------------------------------------------------------------------------------------------------------
INT_ADJ_AMT               The amount of the interest adjustment as reported        2      No commas(,) or dollar signs           11
                          by the Servicer.                                                ($)
------------------------------------------------------------------------------------------------------------------------------------
SOLDIER_SAILOR_ADJ_AMT    The Soldier and Sailor Adjustment amount, if             2      No commas(,) or dollar signs           11
                          applicable.                                                     ($)
------------------------------------------------------------------------------------------------------------------------------------
NON_ADV_LOAN_AMT          The Non Recoverable Loan Amount, if applicable.          2      No commas(,) or dollar signs           11
                                                                                          ($)
------------------------------------------------------------------------------------------------------------------------------------
LOAN_LOSS_AMT             The amount the Servicer is passing as a loss, if         2      No commas(,) or dollar signs           11
                          applicable.                                                     ($)
------------------------------------------------------------------------------------------------------------------------------------
SCHED_BEG_PRIN_BAL        The scheduled outstanding principal amount due at        2      No commas(,) or dollar signs           11
                          the beginning of the cycle date to be passed                    ($)
                          through to investors.
------------------------------------------------------------------------------------------------------------------------------------
SCHED_END_PRIN_BAL        The scheduled principal balance due to investors at      2      No commas(,) or dollar signs           11
                          the end of a processing cycle.                                  ($)
------------------------------------------------------------------------------------------------------------------------------------
SCHED_PRIN_AMT            The scheduled principal amount as reported by the        2      No commas(,) or dollar signs           11
                          Servicer for the current cycle -- only applicable               ($)
                          for Scheduled/Scheduled Loans.
------------------------------------------------------------------------------------------------------------------------------------
SCHED_NET_INT             The scheduled gross interest amount less the             2      No commas(,) or dollar signs           11
                          service fee amount for the current cycle as                     ($)
                          reported by the Servicer -- only applicable for
                          Scheduled/Scheduled Loans.
------------------------------------------------------------------------------------------------------------------------------------
ACTL_PRIN_AMT             The actual principal amount collected by the             2      No commas(,) or dollar signs           11
                          Servicer for the current reporting cycle -- only                ($)
                          applicable for Actual/Actual Loans.
------------------------------------------------------------------------------------------------------------------------------------
ACTL_NET_INT              The actual gross interest amount less the service        2      No commas(,) or dollar signs           11
                          fee amount for the current reporting cycle as                   ($)
                          reported by the Servicer -- only applicable for
                          Actual/Actual Loans.
------------------------------------------------------------------------------------------------------------------------------------
PREPAY_PENALTY_ AMT       The penalty amount received when a borrower prepays      2      No commas(,) or dollar signs           11
                          on his loan as reported by the Servicer.                        ($)
------------------------------------------------------------------------------------------------------------------------------------
PREPAY_PENALTY_ WAIVED    The prepayment penalty amount for the loan waived        2      No commas(,) or dollar signs           11
                          by the servicer.                                                ($)
------------------------------------------------------------------------------------------------------------------------------------
MOD_DATE                  The Effective Payment Date of the Modification for              MM/DD/YYYY                             10
                          the loan.
------------------------------------------------------------------------------------------------------------------------------------
MOD_TYPE                  The Modification Type.                                          Varchar - value can be alpha           30
                                                                                          or numeric
------------------------------------------------------------------------------------------------------------------------------------
DELINQ_P&I_ADVANCE_AMT    The current outstanding principal and interest           2      No commas(,) or dollar signs           11
                          advances made by Servicer.                                      ($)
------------------------------------------------------------------------------------------------------------------------------------

                                       B-8

--------------------------------------------------------------------------------
EXHIBIT E-3: CALCULATION OF REALIZED LOSS/GAIN FORM 332 - INSTRUCTION SHEET
--------------------------------------------------------------------------------

              The numbers on the form correspond with the numbers listed below.

Liquidation and Acquisition Expenses:

1.      The Actual Unpaid Principal Balance of the Mortgage Loan. For
        documentation, an Amortization Schedule from date of default through
        liquidation breaking out the net interest and servicing fees advanced is
        required.

2.      The Total Interest Due less the aggregate amount of servicing fee that
        would have been earned if all delinquent payments had been made as
        agreed. For documentation, an Amortization Schedule from date of default
        through liquidation breaking out the net interest and servicing fees
        advanced is required.

3.      Accrued Servicing Fees based upon the Scheduled Principal Balance of the
        Mortgage Loan as calculated on a monthly basis. For documentation, an
        Amortization Schedule from date of default through liquidation breaking
        out the net interest and servicing fees advanced is required.

4-12.   Complete as applicable. All line entries must be supported by copies of
        appropriate statements, vouchers, receipts, bills, canceled checks,
        etc., to document the expense. Entries not properly documented will not
        be reimbursed to the Servicer.

13.     The total of lines 1 through 12.

Credits:

14-21.  Complete as applicable. All line entries must be supported by copies of
        the appropriate claims forms, EOBs, HUD-1 and/or other proceeds
        verification, statements, payment checks, etc. to document the credit.
        If the Mortgage Loan is subject to a Bankruptcy Deficiency, the
        difference between the Unpaid Principal Balance of the Note prior to the
        Bankruptcy Deficiency and the Unpaid Principal Balance as reduced by the
        Bankruptcy Deficiency should be input on line 20.

22.     The total of lines 14 through 21.

Please note: For HUD/VA loans, use line (15) for Part A/Initial proceeds and
line (16) for Part B/Supplemental proceeds.

              Total Realized Loss (or Amount of Any Gain)

23.     The total derived from subtracting line 22 from 13. If the amount
        represents a realized gain, show the amount in parenthesis ( ).

                                       B-9

--------------------------------------------------------------------------------
EXHIBIT E-3: CALCULATION OF REALIZED LOSS/GAIN FORM 332
--------------------------------------------------------------------------------

                               CITIMORTGAGE, INC.
                        CALCULATION OF REALIZED LOSS/GAIN

        Prepared by: _____________________         Date: _______________________

        Phone: ___________________________Email Address: _______________________

-----------------------     ---------------------   -----------------------
Servicer Loan No.           Servicer Name           Servicer Address

-----------------------     ---------------------   -----------------------

        CITIMORTGAGE, INC. Loan No. ____________________________________________

        Borrower's
        Name: __________________________________________________________________

        Property
        Address: _______________________________________________________________

        LIQUIDATION AND ACQUISITION EXPENSES:

        (1) Actual Unpaid Principal Balance of Mortgage Loan   $___________ (1)

        (2) Interest accrued at Net Rate                       ____________ (2)

        (3) Accrued Servicing Fees                             ____________ (3)

        (4) Attorney's Fees                                    ____________ (4)

        (5) Taxes                                              ____________ (5)

        (6) Property Maintenance                               ____________ (6)

        (7) MI/Hazard Insurance Premiums                       ____________ (7)

        (8) Utility Expenses                                   ____________ (8)

        (9) Appraisal/BPO                                      ____________ (9)

        (10)   Property Inspections                            ____________ (10)

        (11)   FC Costs/Other Legal Expenses                   ____________ (11)

        (12)   Other (itemize)                                 $___________ (12)

               Cash for Keys__________________________         ____________

               HOA/Condo Fees_________________________         ____________

               _______________________________________         ____________

               _______________________________________         ____________

               TOTAL EXPENSES                                  $___________ (13)

        CREDITS:

        (14)   Escrow Balance                                  $___________ (14)

        (15)   HIP Refund                                      ____________ (15)

        (16)   Rental Receipts                                 ____________ (16)

        (17)   Hazard Loss Proceeds                            ____________ (17)

        (18)   Primary Mortgage Insurance Proceeds             ____________ (18)

        (19)   Pool Insurance Proceeds                         ____________ (19)

        (20)   Proceeds from Sale of Acquired Property         ____________ (20)

                                      B-10

        (21)   Other (itemize)                                 ____________ (21)

               _______________________________________         ____________

               _______________________________________         ____________

               TOTAL CREDITS                                   $___________ (22)

        TOTAL REALIZED LOSS (OR AMOUNT OF GAIN)                $___________ (23)

                                      B-11

                                   APPENDIX I

                              Underlying Agreements

           [Please see Exhibits 10.6(A) through (D) of this Form 8-K]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]