Document:

Exhibit 10.1

                                    SCHEDULE
                                     to the
                              ISDA Master Agreement

                           dated as of August 22, 2002

                                     between
                              BANK OF AMERICA, N.A.
                                   ("Party A")
                                       and
                       FORD CREDIT AUTO OWNER TRUST 2002-D
                                   ("Party B")

Part 1.  Termination Provisions.

(a)      "Specified Entity" means in relation to Party A for the purpose of:

         Section 5(a)(v),       Not applicable.
         Section 5(a)(vi),      Not applicable.
         Section 5(a)(vii),     Not applicable.
         Section 5(b)(iv),      Not applicable.

         in relation to Party B for the purpose of:

         Section 5(a)(v),       Not applicable.
         Section 5(a)(vi),      Not applicable.
         Section 5(a)(vii),     Not applicable.
         Section 5(b)(iv),      Not applicable.

(b)      "Specified Transaction" will have the meaning specified in Section 14
         of this Agreement unless another meaning is specified here: No change
         from Section 14.

(c)      The "Breach of Agreement" provisions of Section 5(a)(ii), the
         "Misrepresentation" provisions of Section 5(a)(iv), the "Default under
         Specified Transaction" provisions of Section 5(a)(v) and the "Tax
         Event" and "Tax Event Upon Merger" provisions of Sections 5(b)(ii) and
         5(b)(iii) and the "Credit Event Upon Merger" provisions of Section
         5(b)(iv) will not apply to Party A or to Party B.

(d)      The "Credit Support Default" provisions of Section 5(a)(iii) will apply
         to Party A and will not apply to Party B.

(e)      The "Cross Default" provisions of Section 5(a)(vi) will not apply to
         Party A and will not apply to Party B.

(f)      The "Automatic Early Termination" provision of Section 6(a) will not
         apply to Party A or Party B.

(g)      Payments on Early Termination.  For the purpose of Section 6(e) of this
         Agreement:

         (i)  Market Quotation will apply unless Party B is the Non-defaulting
         Party or the party which is not the Affected Party, as the case may be,
         and Party B has contracted to enter into a replacement Transaction on
         or prior to the Early Termination Date, in which event Loss will apply.

         (ii) The Second Method will apply.

(h)      "Termination Currency" means United States Dollars.

(i)      Additional  Termination  Event.  Each of the following shall constitute
         an Additional  Termination  Event pursuant to Section 5(b)(v):

         (i)      any acceleration of the Notes (provided such acceleration has
                  not been rescinded and annulled pursuant to Section 5.2(b) of
                  the Indenture) and liquidation of the Indenture Trust Estate
                  with Party B the sole Affected Party;

         (ii)     failure of Party A to comply with the requirements of
                  paragraph (a) of Part 5 hereof, with Party A as the sole
                  Affected Party; provided, that the amount of any payment by
                  Party B shall be limited to the amount, if any, received by
                  Party B from a replacement counterparty; or

         (iii)    any amendment or supplement to the Indenture or to any of the
                  Receivables Transfer and Servicing Agreements which may
                  adversely affect any of Party A's rights or obligations under
                  this Agreement or any Transaction that is made without the
                  consent of Party A, which consent shall not be unreasonably
                  withheld, provided that Party A's consent will be deemed to
                  have been given if Party A does not object in writing within
                  10 Business Days of receipt of a written request for such
                  consent, with Party B as the sole Affected Party.

Part 2.  Tax Representations.

(a)       Payer Tax  Representations.  For the  purpose of Section  3(e) of this
          Agreement,  Party A will make the following representation and Party B
          will make the  following  representation:  It is not  required  by any
          applicable   law,  as  modified  by  the   practice  of  any  relevant
          governmental revenue authority,  of any Relevant  Jurisdiction to make
          any  deduction  or  withholding  for or on account of any Tax from any
          payment (other than interest  under Section 2(e),  6(d)(ii) or 6(e) of
          this  Agreement)  to be  made  by it to the  other  party  under  this
          Agreement.  In  making  this  representation,  it may  rely on (i) the
          accuracy of any  representation  made by the other  party  pursuant to
          Section 3(f) of this Agreement, (ii) the satisfaction of the agreement
          contained in Section  4(a)(i) or 4(a)(iii) of this  Agreement  and the
          accuracy and effectiveness of any document provided by the other party
          pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement,  and (iii)
          the  satisfaction  of the  agreement  of the other party  contained in
          Section 4(d) of this Agreement, provided that it shall not be a breach
          of this representation where reliance is placed on clause (ii) and the
          other  party  does  not  deliver  a form  or  document  under  Section
          4(a)(iii) by reason of material  prejudice to its legal or  commercial
          position.

(b)       Payee Tax Representations.  For the purpose of Section 3(f) of this
          Agreement:

         (i)      Party A will make the representations specified below:

         It is a national banking association organized and existing under the
         laws of the United States of America.

         (ii)     Party B will make the representations specified below:

         Each payment received or to be received by it in connection with this
         Agreement will be effectively connected with its conduct of a trade or
         business in the United States.

Part 3.  Documents to be Delivered.

(a)      For the purpose of Section 4(a)(i) and (ii) of this Agreement, each
         party agrees to deliver the following documents as applicable:

         (i)      Tax forms,  documents or  certificates  to be delivered are:
                  Form W-9 to be delivered by Party A, and Form W-9 to be
                  delivered by Party B.

(b)      Other documents to be delivered are:

<TABLE>
<CAPTION>

<S>                          <C>                                 <C>                               <C>
Party required to            Form/Document/                       Date by which to be              Section 3(d)
deliver document             Certificate                          delivered                        Representation

Party A and Party B          Annual     audited      financial
                             statements  for such party (or in    Promptly    after    request,    Applicable
                             the   case  of   Party   A,   its    after such  documents  become
                             corporate   parent)  prepared  in    publicly available.
                             accordance     with     generally
                             accepted  accounting   principles
                             in  the   country  in  which  the
                             party is organized

Party A and Party B          Certificate  or  other  documents    At or promptly  following the    Applicable
                             evidencing  the  authority of the    execution of this  Agreement,
                             party    entering    into    this    and,  if  a  Confirmation  so
                             Agreement or a  Confirmation,  as    requires  it,  on  or  before
                             the   case   may  be,   including    the date set forth therein.
                             copies of any  board  resolutions
                             and  appropriate  certificates of
                             incumbency  as  to  the  officers
                             executing such documents.

Party A and Party B          Opinions  of  counsel in form and    At or promptly  following the    Not Applicable
                             substance   acceptable   to the      execution of this  Agreement,
                             other party.                         and,  if  a  Confirmation  so
                                                                  requires  it,  on  or  before
                                                                  the date set forth therein.

Party B                      Monthly investor reports             To be made  available on         Not Applicable
                                                                  Ford Credit's website.

</TABLE>

Part 4.  Miscellaneous

     (a) Addresses for Notices:

              For the purpose of Section 12(a) of this Agreement, any notice
              relating to a particular Transaction shall be delivered to the
              address or fax or telex number specified in the Confirmation of
              such Transaction. Any notice delivered for purposes of Section 5
              and 6 of this Agreement shall be delivered to the following
              address:

                      (1)  TO PARTY A:

                                    Bank of America, N.A.
                                    Sears Tower
                                    233 South Wacker Drive, Suite 2800
                                    Chicago, Illinois 60606
                                    Attn: Swap Operations

                           with a copy to:--

                                    Bank of America, N.A.
                                    100 N. Tyron St., NC1-007-13-01
                                    Charlotte, North Carolina 28255
                                    Attn:  Capital Markets Documentation
                                    Fax:  704-386-4113

                      (2)   TO PARTY B:

                                    Wachovia Bank of Delaware,
                                       National Association,
                                    as Owner Trustee for
                                    Ford Credit Auto Owner Trust 2002-D
                                    One Rodney Square
                                    920 King Street
                                    Wilmington, Delaware 19801
                                    Attn:  Corporate Trust Administration,
                                             Amy Martin

                           with a copy to:

                                    The Bank of New York, as Indenture Trustee
                                    for Ford Credit Auto Owner Trust 2002-D 101
                                    Barclay Street New York, New York 10286
                                    Attn: Structured Finance Services - Asset
                                    Backed Securities, Ford 2002-D Fax:
                                    212-815-2493

                           and with a copy to

                                    Ford Motor Credit Company c/o Ford Motor
                                    Company - WHQ One American Road Suite
                                    1034-A1 Dearborn, Michigan 48126 Office of
                                    the General Counsel Attention of the
                                    Secretary Fax: (313) 248-7613

(b)      Process Agent.  For the purpose of Section 13(c) of this Agreement:

         Party A appoints as its Process Agent:      Not applicable.

         Party B appoints as its Process Agent:      Not applicable.

(c)      Offices.  The provisions of Section 10(a) will apply to this Agreement.

(d)      Multibranch Party.  For the purpose of Section 10 of this Agreement:

         (i)      Party A is not a Multibranch Party.

         (ii)     Party B is not a Multibranch Party.

(e)      Calculation  Agent.  The  Calculation  Agent is Party B, unless
         otherwise  specified in a Confirmation in relation to the relevant
         Transaction.

(f)      Credit Support Document.

         Party A:  Not Applicable
         Party B:  Not Applicable

(g)      Credit Support Provider.

         Party A:  Not Applicable
         Party B:  Not Applicable

(h)      Governing  Law.  This  Agreement  will be governed by and  construed
         in  accordance  with the laws of the State of New York.

(i)      Netting of Payments.  Subparagraph  (ii) of Section 2(c) of this
         Agreement will apply to all  Transactions under this Agreement.

(j)      "Affiliate" will have the meaning specified in Section 14 of this
         Agreement.

(k)      Approval of Amendments or Assignment. No amendments to this Agreement
         shall be effected, nor may the rights and obligations of Party A be
         transferred or assigned, without the prior written confirmation of each
         Rating Agency that such amendment, transfer or assignment will not
         cause such Rating Agency to reduce or withdraw its then current rating
         on any of the Notes.

(l)      Waiver of Jury Trial. Each party waives, to the fullest extent
         permitted by applicable law, its right to have a jury trial in respect
         to any proceedings related to this Agreement. Each party (i) certifies
         that no representative, agent or attorney of the other party has
         represented, expressly or otherwise, that such other party would not,
         in the event of such a suit, action or proceeding, seek to enforce the
         foregoing waiver and (ii) acknowledges that it and the other party have
         been induced to enter into this Agreement, by, among other things, the
         mutual waivers and certifications in this Section.

Part 5.  Other Provisions.

(a)  Counterparty Rating Withdrawal or Reduction. In the event that (w)
     Party A's long- or short-term  unsecured and unsubordinated debt rating (or
     bank deposit  rating) is  withdrawn or reduced  below "A-" or "A-1" by S&P,
     (x) either (i) Party A's long-term unsecured and unsubordinated debt rating
     is withdrawn or reduced  below "Aa3" by Moody's and Party A does not have a
     short-term  unsecured and  unsubordinated  debt rating of "P-1" or above or
     (ii) Party A's long- or short-term unsecured and unsubordinated debt rating
     is withdrawn or reduced below "A1/P-1" by Moody's,  (y) Party A's long-term
     unsecured and unsubordinated  debt rating is withdrawn or reduced below "A"
     by Fitch (such rating thresholds,  "Approved Rating  Thresholds") or (z) if
     any event set forth in clause (w), (x) or (y) occurs and is continuing, any
     Rating  Agency  gives  notice  to  Party B, the  Indenture  Trustee  or the
     Administrator  that the credit support,  if any, with respect to Party A is
     no longer deemed adequate to maintain the then-current  rating on the Class
     A  Notes,  within  30  days of  such  rating  withdrawal  or  downgrade  or
     notification  (unless,  within 30 days after such  withdrawal  or downgrade
     each such Rating Agency has  reconfirmed  the rating of each Class of Notes
     which was in effect  immediately  prior to such  withdrawal or downgrade or
     notification),  Party  A shall  (i)  assign  each  Transaction  to  another
     counterparty  with the Approved  Rating  Thresholds and approved by Party B
     (which approval shall not be unreasonably  withheld) on terms substantially
     similar  to this  Schedule  and the  related  Confirmation,  (ii)  obtain a
     guaranty of, or a contingent  agreement  of,  another  person with Approved
     Rating  Thresholds  to honor Party A's  obligations  under this  Agreement,
     provided that such other person is approved by Party B (which  approval not
     to  be  unreasonably  withheld),   (iii)  post  mark-to-market  collateral,
     pursuant to a collateral  support  agreement  acceptable  to Party B, which
     will be sufficient to restore any downgrade or withdrawal in the ratings of
     each Class of Notes and Class D Certificates issued by Party B attributable
     to Party A's failure to comply with the Approved Rating Thresholds, or (iv)
     establish  any  other  arrangement  satisfactory  to  Party  B and  to  the
     applicable  Rating Agency,  in each case,  sufficient to satisfy the Rating
     Agency  Condition.  All costs and expenses in connection with effecting any
     arrangements  pursuant to clauses (i), (ii), (iii) or (iv) shall be for the
     account of Party A.

(b)  Non-Reliance.  In connection  with the negotiation of, the entering  into,
     and the confirming of the execution of this Master Agreement,  any  Credit
     Support  Document  to which  it is a  party,  each Transaction and any
     other  documentation  relating to this Master Agreement to which it is a
     party or that is  required  by this  Master  Agreement  to deliver, each of
     Party A and Party B acknowledge that:

         (i)      it is not relying (for the purposes of making any investment
                  decision or otherwise) upon any advice, counsel or
                  representations (whether written or oral) of the other party
                  to this Master Agreement, such Credit Support Document, each
                  Transaction or such other documentation other than the
                  representations expressly set forth in this Master Agreement,
                  such Credit Support Document and in any Confirmation;

         (ii)     it has consulted with its own legal, regulatory, tax,
                  business, investment, financial and accounting advisors to the
                  extent it has deemed necessary, and it has made its own
                  investment, hedging and trading decisions (including decisions
                  regarding the suitability of any Transaction pursuant to this
                  Master Agreement) based upon its own judgment and upon any
                  advice from such advisors as it has deemed necessary and not
                  upon any view expressed by the other party to this Master
                  Agreement, such Credit Support Document, each Transaction or
                  such other documentation;

         (iii)    it has a full understanding of all the terms, conditions and
                  risks (economic and otherwise) of the Master Agreement, such
                  Credit Support Document, each Transaction and such other
                  documentation and is capable of assuming and willing to, and
                  will, assume (financially and otherwise) those risks;

         (iv)     it is an "eligible  contract  participant" as defined in
                  Section 1a(12) of the Commodity Exchange Act (7 U.S.C. 1a), as
                  amended by the Commodity Futures Modernization Act of 2000;

         (v)      it is entering into this Master Agreement, such Credit Support
                  Document, each Transaction and such other documentation for
                  the purposes of managing its borrowings or investments,
                  hedging its underlying assets or liabilities or in connection
                  with a line of business;

         (vi)     it is entering into this Master Agreement, such Credit Support
                  Document, each Transaction and such other documentation as
                  principal, and not as agent or in any other capacity,
                  fiduciary or otherwise; and

         (vii)    the other party to this Master Agreement, such Credit Support
                  Document, each Transaction and such other documentation (a) is
                  not acting as a fiduciary or financial, investment or
                  commodity trading advisor for it; (b) has not given to it
                  (directly or indirectly through any other person) any
                  assurance, guaranty or representation whatsoever as to the
                  merits (either legal, regulatory, tax, financial, accounting
                  or otherwise) of this Master Agreement, such Credit Support
                  Document, each Transaction or such other documentation; and
                  (c) has not committed to unwind the Transactions.

         The representations and agreements in Part 5(b) above of this Schedule
         shall be deemed representations and agreements for all purposes of this
         Master Agreement, including without limitation Sections 3, 4, 5(a)(ii)
         and 5(a)(iv) hereof.

(c)  Deduction or Withholding for Tax. Party B shall not be required to pay to
     Party A any amount relating to Indemnifiable Taxes pursuant to Section
     2(d)(i)(4) of the Agreement. However, if in the absence of this paragraph,
     Party B would otherwise be required to pay such amounts, Party A shall have
     the right, but not the obligation, to transfer its rights and obligations
     under this Agreement to another of its Offices or Affiliates or third party
     such that no Indemnifiable Tax would be imposed, subject to the notice and
     consent provisions set forth in Section 6(b)(ii) of the Agreement.

(d)  No Petition.  Party A hereby  covenants and agrees that,  prior to the date
     which is one year and one day after the  payment  in full of (i) all of the
     Notes and Class D Certificates  and (ii) any other  securities  issued by a
     trust as to which FCAR Two LLC is the depositor  and the  expiration of all
     applicable  preference  periods under the United States  Bankruptcy Code or
     other applicable law, it will not institute against, or join with any other
     Person  in  instituting  against,  Party B or FCAR Two LLC any  bankruptcy,
     reorganization,  arrangement,  insolvency or  liquidation  proceedings,  or
     other  proceedings  under  United  States  federal or state  bankruptcy  or
     similar law in  connection  with any  obligations  of this  Agreement.  The
     provisions  of  this  paragraph  shall  survive  the  termination  of  this
     Agreement.

(e)  Limited Recourse.  Notwithstanding anything to the contrary contained
     in this  Agreement,  the  obligations  of  Party  B  under  this
     Agreement and any Transaction hereunder are solely the obligations of Party
     B and shall be  payable  solely  to the  extent  of funds  received  by and
     available to Party B in accordance with the priority of payment  provisions
     of  the  Indenture  and  the  Sale  and  Servicing  Agreement  and  on  the
     Distribution Dates specified therein. Party A acknowledges that Party B has
     pledged its assets constituting the Indenture Trust Estate to the Indenture
     Trustee.  Upon exhaustion of the assets of Party B and proceeds  thereof in
     accordance with the Indenture and the Sale and Servicing Agreement, Party A
     shall not be entitled to take any further  steps against Party B to recover
     any sums due but  still  unpaid  hereunder  or  thereunder,  all  claims in
     respect of which shall be  extinguished.  No recourse  shall be had for the
     payment of any  amount  owing in  respect  of any  obligation  of, or claim
     against,  Party B  arising  out of or  based  upon  this  Agreement  or any
     Transaction   hereunder  against  any  holder  of  a  beneficial  interest,
     employee, officer or Affiliate thereof and, except as specifically provided
     herein,  no recourse  shall be had for the  payment of any amount  owing in
     respect of any obligation of, or claim against, Party B based on or arising
     out of or based upon this Agreement  against the  Administrator (as defined
     in the Administration Agreement),  FCAR Two LLC or any stockholder,  holder
     of a beneficial  interest,  employee,  officer,  director,  incorporator or
     Affiliate thereof; provided,  however, that the foregoing shall not relieve
     any such person or entity from any liability they might otherwise have as a
     result of gross  negligence  or  fraudulent  actions or omissions  taken by
     them.

(f)  Party B Pledge.  Notwithstanding  Section 7 of this Agreement to the
     contrary,  Party A  acknowledges  that Party B will  pledge its rights
     under  this  Agreement  to the  Indenture  Trustee  for the  benefit of the
     holders of the Notes  pursuant to the  Indenture and agrees to such pledge.
     The Indenture  Trustee shall not be deemed to be a party to this Agreement,
     provided,  however,  that the  Indenture  Trustee,  acting on behalf of the
     holders  of the  Notes,  shall  have the right to  enforce  this  Agreement
     against  Party  A.  Party A shall  be  entitled  to rely on any  notice  or
     communication   from  the  Indenture  Trustee  to  that  effect.   Party  A
     acknowledges  that Party B will pledge  substantially all its assets to the
     Indenture  Trustee for the benefit of the  Noteholders and Party A and that
     all payments  hereunder,  including payments on early termination,  will be
     made in accordance with the priority of payment provisions of the Indenture
     and  the  Sale  and  Servicing  Agreement  and  on the  Distribution  Dates
     specified therein.

(g)  Confirmation of Transactions.  Each Transaction to be effectuated  pursuant
     to this Agreement shall be evidenced by a written confirmation  executed by
     each of Party A and Party B.

(h)  Recording of Conversations. Each party (i) consents to the recording of the
     telephone  conversations  of the trading  and  marketing  personnel  of the
     parties in  connection  with this  Agreement  and any  potential  or actual
     Transaction and (ii) agrees to obtain any necessary consent of, and to give
     notice of such recording to, its personnel.

(i)  Consent by Party A to Amendments to Certain Documents. Before any amendment
     is made to the Indenture or any of the  Receivables  Transfer and Servicing
     Agreements   which  may  adversely  affect  any  of  Party  A's  rights  or
     obligations  under  this  Agreement  or  any  Transaction,  or  modify  the
     obligations  of, or impair the  ability of Party B to fully  perform any of
     Party B's  obligations  under this  Agreement or any  Transaction,  Party B
     shall provide  Party A with a copy of the proposed  amendment or supplement
     and shall  obtain  the  consent of Party A thereto  prior to its  adoption,
     which consent shall not be unreasonably  withheld,  provided that Party A's
     consent  will be deemed to have  been  given if Party A does not  object in
     writing  within 10 Business  Days of receipt of a written  request for such
     consent.

(j)  Definitions.  Unless otherwise specified in a Confirmation,  this Agreement
     and the  relevant  Transaction  between the parties are subject to the 2000
     ISDA Definitions  (the  "Definitions"),  as published by the  International
     Swaps  and  Derivatives  Association,  Inc.,  and will be  governed  in all
     relevant  respects by the provisions set forth in the Definitions,  without
     regard to any amendment to the  Definitions  subsequent to the date hereof.
     The  provisions of the  Definitions  are  incorporated  by reference in and
     shall be deemed a part of this  Agreement,  except that  references  in the
     Definitions  to a  "Swap  Transaction"  shall  be  deemed  references  to a
     "Transaction"  for  purposes  of  this  Agreement.  In  the  event  of  any
     inconsistency between the provisions of this Agreement and the Definitions,
     this Agreement will prevail. In the event of any inconsistency  between the
     provision of any Confirmation  and this Agreement or the Definitions,  such
     Confirmation will prevail for the purpose of the relevant Transaction.

(k)  Set-off.  Nothwithstanding  any  provision  of this  Agreement or any other
     existing  or future  agreements,  each of Party A and  Party B  irrevocably
     waives as to itself any and all contractual  rights it may have to set off,
     net,  recoup or otherwise  withhold or suspend or condition  its payment or
     performance of any obligation to the other party hereto arising  outside of
     this Agreement (which Agreement  includes  without  limitation,  the Master
     Agreement  to which  this  Schedule  is  attached,  this  Schedule  and the
     Confirmations  attached  hereto).

(l)  Limitation  of  Liability  of  Owner  Trustee.   Nothwithstanding  anything
     contained herein to the contrary, this instrument has been signed on behalf
     of Party B by Wachovia Bank of Delaware,  National  Association  not in its
     individual  capacity but solely in its capacity as Owner Trustee of Party B
     and in no event shall  Wachovia Bank of Delaware,  National  Association in
     its  individual  capacity  or any  beneficial  owner  of  Party B have  any
     liability for the  representations,  warranties,  covenants,  agreements or
     other  obligations of Party B hereunder,  as to all of which recourse shall
     be had solely to the assets of Party B. For all purposes of this Agreement,
     in the  performance of any duties or obligations of Party B hereunder,  the
     Owner  Trustee  shall be subject to, and  entitled to the  benefits of, the
     terms and provisions of the Trust Agreement.

(m)      Additional Definitions.

                  "Administration Agreement" shall mean the administration
         agreement (including Appendix A thereto) dated as of August 1, 2002, as
         amended, supplemented or otherwise modified and in effect, by and among
         Party B, Ford Motor Credit Company and The Bank of New York.

                  "Business Day" shall mean any day other than a Saturday, a
         Sunday or a day on which banking institutions or trust companies in New
         York, New York or the State of Delaware are authorized or obligated by
         law, regulation or executive order to remain closed.

                  "Class A Notes" means the Class A Notes issued by Party B
         pursuant to the Indenture.

                  "Class A-1 Notes" means the Class A-1 Notes issued by Party B
         pursuant to the Indenture.

                  "Class A-2 Notes" means the Class A-2a Notes and the Class
         A-2b Notes issued by Party B pursuant to the Indenture.

                  "Class A-3 Notes" means the Class A-3a Notes and the Class
         A-3b Notes issued by Party B pursuant to the Indenture.

                  "Class A-4 Notes" means the Class A-4a Notes and Class A-4b
         Notes issued by Party B pursuant to the Indenture.

                  "Class B Notes" means the Class B Notes issued by Party B
         pursuant to the Indenture.

                  "Class C Notes" means the Class C Notes issued by Party B
         pursuant to the Trust Agreement.

                  "Class D Certificates" means the Class D Certificates issued
         by Party B pursuant to the Trust Agreement.

                  "Closing Date" shall mean August 29, 2002.

                  "Distribution Date" shall mean the fifteenth (15th) day of
         each calendar month or, if such day is not a Business Day, the next
         succeeding Business Day, commencing September 16, 2002.

                  "FCAR Two LLC" shall mean Ford Credit Auto Receivables Two
         LLC.

                  "Fitch" means Fitch, Inc.

                  "Indenture" shall mean the indenture dated as of August 1,
         2002 (including Appendix A thereto), as amended, supplemented or
         otherwise modified and in effect, between Party B and The Bank of New
         York, as Indenture Trustee.

                  "Indenture Trust Estate" shall mean all money, instruments,
         rights and other property that are subject or intended to be subject to
         the lien and security interest of the Indenture for the benefit of the
         Noteholders and the Swap Counterparties (as specified in the
         Indenture,including Appendix A thereto) including, without limitation,
         all property and interests granted to the Indenture Trustee, including
         all proceeds thereof.

                  "Indenture Trustee" shall mean The Bank of New York or any
         successor or replacement thereto pursuant to the Indenture.

                  "Moody's" shall mean Moody's Investors Service, Inc.

                  "Notes" shall mean the Class A-1 Notes, the Class A-2 Notes,
         the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, and the
         Class C Notes issued by Party B pursuant to the Indenture.

                  "Owner Trustee" shall mean Wachovia Bank of Delaware, National
         Association, as owner trustee under the Trust Agreement.

                  "Purchase Agreement" shall mean the purchase agreement
         (including Appendix A thereto) dated as of August 1, 2002, as from time
         to time amended, supplemented or otherwise modified and in effect,
         between Ford Motor Credit Company and FCAR Two LLC.

                  "Rating Agencies" shall mean Moody's, S&P and Fitch or any
         substitute rating agency that FCAR Two LLC requests to rate the Notes
         or Class D Certificates.

                  "Rating Agency Condition" shall mean, with respect to any
         action, that each Rating Agency shall have been given prior notice
         thereof and that each of the Rating Agencies shall have notified FCAR
         Two LLC, the Servicer, the Owner Trustee and the Indenture Trustee in
         writing that such action will not result in a reduction or withdrawal
         of the then current rating of the Notes or the Class D Certificates.

                  "Receivables Transfer and Servicing Agreements" shall mean
         collectively the Purchase Agreement, the Sale and Servicing Agreement,
         the Trust Agreement and the Administration Agreement.

                  "S&P" shall mean Standard & Poor's, a division of The
         McGraw-Hill Companies, Inc.

                  "Sale and Servicing Agreement" shall mean the sale and
         servicing agreement (including Appendix A thereto) dated as of August
         1, 2002, as amended, supplemented or otherwise modified and in effect,
         by and among Party B, FCAR Two LLC, as seller, and Ford Motor Credit
         Company, as servicer.

                  "Servicer" shall mean Ford Motor Credit Company, as servicer
         under the Sale and Servicing Agreement.

                  "Trust Agreement" shall mean the Amended and Restated Trust
         Agreement (including Appendix A thereto), dated as of August 1, 2002,
         as amended, supplemented or otherwise modified and in effect, by and
         among FCAR Two LLC, Wachovia Bank of Delaware, National Association, as
         Owner Trustee.

<PAGE>

             IN WITNESS WHEREOF, the parties have executed this Schedule to the
Master Agreement on the respective dates specified below with effect from the
date specified on the first page of this document.

FORD CREDIT AUTO OWNER TRUST                    BANK OF AMERICA, N.A.
2002-D

By: WACHOVIA BANK OF DELAWARE,
      NATIONAL ASSOCIATION
      not in its individual capacity
      but solely as Owner Trustee

By: /s/ Amy L. Martin                           By:  /s/ Roger H. Heintzelman
------------------------------                  --------------------------------
Name: Amy L. Martin                             Name: Roger H. Heintzelman
Title:Assistant Vice-President                  Title: Principal

Date:   August 29, 2002                         Date:  August 29, 2002Exhibit 10.2

                                    SCHEDULE
                                     to the
                              ISDA Master Agreement

                           dated as of August 22, 2002

                                     between
                      MERRILL LYNCH CAPITAL SERVICES, INC.
                                   ("Party A")
                                       and
                       FORD CREDIT AUTO OWNER TRUST 2002-D
                                   ("Party B")

Part 1.  Termination Provisions.

(a)      "Specified Entity" means in relation to Party A for the purpose of:

         Section 5(a)(v),       Not applicable.
         Section 5(a)(vi),      Not applicable.
         Section 5(a)(vii),     Not applicable.
         Section 5(b)(iv),      Not applicable.

         in relation to Party B for the purpose of:

         Section 5(a)(v),       Not applicable.
         Section 5(a)(vi),      Not applicable.
         Section 5(a)(vii),     Not applicable.
         Section 5(b)(iv),      Not applicable.

(b)      "Specified  Transaction"  will have the meaning  specified in Section
         14 of this Agreement unless another meaning is specified here: No
         change from Section 14.

(c)      The "Breach of Agreement" provisions of Section 5(a)(ii), the
         "Misrepresentation" provisions of Section 5(a)(iv), the "Default under
         Specified Transaction" provisions of Section 5(a)(v) and the "Tax
         Event" and "Tax Event Upon Merger" provisions of Sections 5(b)(ii) and
         5(b)(iii) and the "Credit Event Upon Merger" provisions of Section
         5(b)(iv) will not apply to Party A or to Party B.

(d)      The "Credit Support Default" provisions of Section 5(a)(iii) will apply
         to Party A and will not apply to Party B.

(e)      The "Cross Default" provisions of Section 5(a)(vi) will not apply to
         Party A and will not apply to Party B.

(f)      The "Automatic Early Termination" provision of Section 6(a) will not
         apply to Party A or Party B.

(g)      Payments on Early Termination.  For the purpose of Section 6(e) of this
         Agreement:

         (i)   Market Quotation will apply unless Party B is the Non-defaulting
         Party or the party which is not the Affected Party, as the case may be,
         and Party B has contracted to enter into a replacement Transaction on
         or prior to the Early Termination Date, in which event Loss will apply.

         (ii)  The Second Method will apply.

(h)      "Termination Currency" means United States Dollars.

(i)      Additional  Termination  Event.  Each of the following shall
         constitute an Additional  Termination  Event pursuant to Section
         5(b)(v):

         (i)      any acceleration of the Notes (provided such acceleration has
                  not been rescinded and annulled pursuant to Section 5.2(b) of
                  the Indenture) and liquidation of the Indenture Trust Estate
                  with Party B the sole Affected Party;

         (ii)     failure of Party A to comply with the requirements of
                  paragraph (a) of Part 5 hereof, with Party A as the sole
                  Affected Party; provided, that the amount of any payment by
                  Party B shall be limited to the amount, if any, received by
                  Party B from a replacement counterparty; or

         (iii)    any amendment or supplement to the Indenture or to any of the
                  Receivables Transfer and Servicing Agreements which may
                  adversely affect any of Party A's rights or obligations under
                  this Agreement or any Transaction that is made without the
                  consent of Party A, which consent shall not be unreasonably
                  withheld, provided that Party A's consent will be deemed to
                  have been given if Party A does not object in writing within
                  10 Business Days of receipt of a written request for such
                  consent, with Party B as the sole Affected Party.

Part 2.  Tax Representations.

(a)      Payer  Tax  Representations.  For  the  purpose  of  Section  3(e)  of
         this  Agreement,  Party  A  will  make  the  following representation
         and Party B will make the following  representation:  It is not
         required by any applicable law, as modified by the  practice  of any
         relevant  governmental  revenue  authority,  of any  Relevant
         Jurisdiction  to make any  deduction  or withholding  for or on account
         of any Tax from any payment (other than interest  under Section 2(e),
         6(d)(ii) or 6(e) of this Agreement) to be made by it to the other party
         under this  Agreement.  In making this  representation,  it may rely on
         (i) the accuracy of any  representation  made by the other party
         pursuant to Section 3(f) of this Agreement,  (ii) the satisfaction of
         the agreement  contained in Section 4(a)(i) or 4(a)(iii) of this
         Agreement and the accuracy and  effectiveness of any document provided
         by the other party pursuant to Section  4(a)(i) or 4(a)(iii) of this
         Agreement,  and (iii) the  satisfaction  of the agreement  of the other
         party  contained  in Section 4(d) of this  Agreement,  provided  that
         it shall not be a breach of this representation  where  reliance is
         placed on clause (ii) and the other party does not deliver a form or
         document under Section 4(a)(iii) by reason of material prejudice to its
         legal or commercial position.

(b)      Payee Tax Representations.  For the purpose of Section 3(f) of this
         Agreement:

         (i)      Party A will make the representations specified below:

         It is a US Person for federal income tax purposes.

         (ii)     Party B will make the representations specified below:

         It is either a US Person for federal income tax purposes or is a
         "disregarded entity" treated as part of a US Person for federal income
         tax purposes. Each payment received or to be received by it in
         connection with this Agreement will be effectively connected with its
         conduct of a trade or business in the United States.

Part 3.  Documents to be Delivered.

(a)      For the purpose of Section 4(a)(i) and (ii) of this Agreement, each
         party agrees to deliver the following documents as applicable:

         (i)      Tax forms,  documents or  certificates  to be delivered  are:
                  Form W-9 to be delivered by Party A, and Form W-9 to be
                  delivered by Party B.

(b)      Other documents to be delivered are:

<TABLE>
<CAPTION>

<S>                          <C>                                 <C>                              <C>
Party required to            Form/Document/                       Date by which to be              Section 3(d)
deliver document             Certificate                          delivered                        Representation

Party A and Party B          Annual     audited      financial    Promptly    after    request,    Applicable
                             statements  for such party (or in    after such  documents  become
                             the   case  of   Party   A,   its    publicly available.
                             corporate   parent)  prepared  in
                             accordance     with     generally
                             accepted  accounting   principles
                             in  the   country  in  which  the
                             party is organized

Party A and Party B          Certificate  or  other  documents    At or promptly  following the    Applicable
                             evidencing  the  authority of the    execution of this  Agreement,
                             party    entering    into    this    and,  if  a  Confirmation  so
                             Agreement or a  Confirmation,  as    requires  it,  on  or  before
                             the   case   may  be,   including    the date set forth therein.
                             copies of any  board  resolutions
                             and  appropriate  certificates of
                             incumbency  as  to  the  officers
                             executing such documents.

Party A and Party B          Opinions  of  counsel in form and    At or promptly  following the    Not Applicable
                             substance   acceptable   to   the    execution of this  Agreement,
                             other party.                         and,  if  a  Confirmation  so
                                                                  requires  it,  on  or  before
                                                                  the date set forth therein.

Party B                      Monthly investor reports             To be made  available on Ford    Not Applicable
                                                                  Credit's website.

</TABLE>

Part 4.  Miscellaneous

     (a) Addresses for Notices:

              For the purpose of Section 12(a) of this Agreement, any notice
              relating to a particular Transaction shall be delivered to the
              address or fax or telex number specified in the Confirmation of
              such Transaction. Any notice delivered for purposes of Section 5
              and 6 of this Agreement shall be delivered to the following
              address:

                      (1)  TO PARTY A:
                                    Merrill Lynch Capital Services, Inc.
                                    Debt Markets Counsel
                                    Merrill Lynch World Headquarters
                                    Four World Financial Center
                                    New York, New York 10080
                                    Facsimile No.: (212) 449-6993

                      (2)   TO PARTY B:

                                    Wachovia Bank of Delaware,
                                       National Association,
                                    as Owner Trustee for
                                    Ford Credit Auto Owner Trust 2002-D
                                    One Rodney Square
                                    920 King Street
                                    Wilmington, Delaware 19801
                                    Attn:  Corporate Trust Administration,
                                              Amy Martin

                           with a copy to:

                                    The Bank of New York, as Indenture Trustee
                                    for Ford Credit Auto Owner Trust 2002-D 101
                                    Barclay Street New York, New York 10286
                                    Attn: Structured Finance Services - Asset
                                    Backed Securities, Ford 2002-D Fax:
                                    212-815-2493

                           and with a copy to

                                    Ford Motor Credit Company c/o Ford Motor
                                    Company - WHQ One American Road Suite
                                    1034-A1 Dearborn, Michigan 48126 Office of
                                    the General Counsel Attention of the
                                    Secretary Fax: (313) 248-7613

(b)      Process Agent.  For the purpose of Section 13(c) of this Agreement:

         Party A appoints as its Process Agent:      Not applicable.

         Party B appoints as its Process Agent:      Not applicable.

(c)      Offices.  The provisions of Section 10(a) will apply to this Agreement.

(d)      Multibranch Party.  For the purpose of Section 10 of this Agreement:

         (i)      Party A is not a Multibranch Party.

         (ii)     Party B is not a Multibranch Party.

(e)      Calculation  Agent.  The  Calculation  Agent is Party B,  unless
         otherwise  specified  in a  Confirmation  in relation to the relevant
         Transaction.

(f)      Credit Support Document.

         Party A:  Guarantee of Merrill Lynch & Co., Inc.
         Party B:  Not Applicable

(g)      Credit Support Provider.

         Party A:  Merrill Lynch & Co., Inc.
         Party B:  Not Applicable

(h)      Governing  Law.  This  Agreement  will be  governed  by and  construed
         in  accordance  with the laws of the State of New York (without
         reference to its choice of law doctrine).

(i)      Netting  of  Payments.  Subparagraph  (ii) of  Section  2(c) of this
         Agreement  will  apply to all  Transactions  under  this Agreement.

(j)      "Affiliate" will have the meaning specified in Section 14 of this
         Agreement.

(k)      Approval of Amendments or Assignment. No amendments to this Agreement
         shall be effected, nor may the rights and obligations of Party A be
         transferred or assigned, without the prior written confirmation of each
         Rating Agency that such amendment, transfer or assignment will not
         cause such Rating Agency to reduce or withdraw its then current rating
         on any of the Notes.

(l)      Waiver of Jury Trial. Each party waives, to the fullest extent
         permitted by applicable law, its right to have a jury trial in respect
         to any proceedings related to this Agreement. Each party (i) certifies
         that no representative, agent or attorney of the other party has
         represented, expressly or otherwise, that such other party would not,
         in the event of such a suit, action or proceeding, seek to enforce the
         foregoing waiver and (ii) acknowledges that it and the other party have
         been induced to enter into this Agreement, by, among other things, the
         mutual waivers and certifications in this Section.

Part 5.  Other Provisions.

     (a)  Counterparty  Rating  Withdrawal or  Reduction.  In the event that (w)
          Party A's Credit Support Provider's long- or short-term  unsecured and
          unsubordinated  debt rating (or bank  deposit  rating) is withdrawn or
          reduced  below  "A-" or "A-1" by S&P,  (x) either (i) Party A's Credit
          Support Provider's  long-term unsecured and unsubordinated debt rating
          is  withdrawn  or reduced  below "Aa3" by Moody's and Party A's Credit
          Support   Provider   does  not  have  a   short-term   unsecured   and
          unsubordinated  debt rating of "P-1" or above or (ii) Party A's Credit
          Support  Provider's long- or short-term  unsecured and  unsubordinated
          debt rating is withdrawn  or reduced  below  "A1/P-1" by Moody's,  (y)
          Party  A's  Credit   Support   Provider's   long-term   unsecured  and
          unsubordinated  debt rating is withdrawn or reduced below "A" by Fitch
          (such rating thresholds,  "Approved Rating  Thresholds") or (z) if any
          event set forth in clause  (w),  (x) or (y) occurs and is  continuing,
          any Rating  Agency gives notice to Party B, the  Indenture  Trustee or
          the  Administrator  that the credit support with respect to Party A is
          no longer deemed adequate to maintain the  then-current  rating on the
          Class A Notes,  within 30 days of such rating  withdrawal or downgrade
          or  notification  (unless,  within 30 days  after such  withdrawal  or
          downgrade each such Rating Agency has  reconfirmed  the rating of each
          Class  of  Notes  which  was  in  effect  immediately  prior  to  such
          withdrawal  or  downgrade or  notification),  Party A shall (i) assign
          each  Transaction  to another  counterparty  with the Approved  Rating
          Thresholds  and  approved  by Party B  (which  approval  shall  not be
          unreasonably withheld) on terms substantially similar to this Schedule
          and  the  related  Confirmation,  (ii)  obtain  a  guaranty  of,  or a
          contingent   agreement  of,  another   person  with  Approved   Rating
          Thresholds  to honor  Party  A's  obligations  under  this  Agreement,
          provided that such other person is approved by Party B (which approval
          not  to  be   unreasonably   withheld),   (iii)  post   mark-to-market
          collateral,  pursuant to a collateral support agreement  acceptable to
          Party  B,  which  will be  sufficient  to  restore  any  downgrade  or
          withdrawal  in the  ratings  of  each  Class  of  Notes  and  Class  D
          Certificates  issued  by  Party B  attributable  to Party  A's  Credit
          Support   Provider's  failure  to  comply  with  the  Approved  Rating
          Thresholds,  or (iv) establish any other  arrangement  satisfactory to
          Party B and to the applicable Rating Agency, in each case,  sufficient
          to satisfy  the Rating  Agency  Condition.  All costs and  expenses in
          connection  with effecting any  arrangements  pursuant to clauses (i),
          (ii), (iii) or (iv) shall be for the account of Party A.

     (b)  Non-Reliance. In connection with the negotiation of, the entering
          into, and the  confirming  of the  execution  of this  Master
          Agreement,  any Credit Support  Document to which it is a party, each
          Transaction  and any other documentation  relating to this Master
          Agreement to which it is a party or that is required by this Master
          Agreement to deliver,  each of Party A and Party B acknowledge that:

         (i)      it is not relying (for the purposes of making any investment
                  decision or otherwise) upon any advice, counsel or
                  representations (whether written or oral) of the other party
                  to this Master Agreement, such Credit Support Document, each
                  Transaction or such other documentation other than the
                  representations expressly set forth in this Master Agreement,
                  such Credit Support Document and in any Confirmation;

         (ii)     it has consulted with its own legal, regulatory, tax,
                  business, investment, financial and accounting advisors to the
                  extent it has deemed necessary, and it has made its own
                  investment, hedging and trading decisions (including decisions
                  regarding the suitability of any Transaction pursuant to this
                  Master Agreement) based upon its own judgment and upon any
                  advice from such advisors as it has deemed necessary and not
                  upon any view expressed by the other party to this Master
                  Agreement, such Credit Support Document, each Transaction or
                  such other documentation;

         (iii)    it has a full understanding of all the terms, conditions and
                  risks (economic and otherwise) of the Master Agreement, such
                  Credit Support Document, each Transaction and such other
                  documentation and is capable of assuming and willing to, and
                  will, assume (financially and otherwise) those risks;

         (iv)     it is an "eligible  contract  participant" as defined in
                  Section 1a(12) of the Commodity  Exchange Act (7 U.S.C. 1a),
                  as amended by the Commodity Futures Modernization Act of 2000;

         (v)      it is entering into this Master Agreement, such Credit Support
                  Document, each Transaction and such other documentation for
                  the purposes of managing its borrowings or investments,
                  hedging its underlying assets or liabilities or in connection
                  with a line of business;

         (vi)     it is entering into this Master Agreement, such Credit Support
                  Document, each Transaction and such other documentation as
                  principal, and not as agent or in any other capacity,
                  fiduciary or otherwise; and

         (vii)    the other party to this Master Agreement, such Credit Support
                  Document, each Transaction and such other documentation (a) is
                  not acting as a fiduciary or financial, investment or
                  commodity trading advisor for it; (b) has not given to it
                  (directly or indirectly through any other person) any
                  assurance, guaranty or representation whatsoever as to the
                  merits (either legal, regulatory, tax, financial, accounting
                  or otherwise) of this Master Agreement, such Credit Support
                  Document, each Transaction or such other documentation; and
                  (c) has not committed to unwind the Transactions.

         The representations and agreements in Part 5(b) above of this Schedule
         shall be deemed representations and agreements for all purposes of this
         Master Agreement, including without limitation Sections 3, 4, 5(a)(ii)
         and 5(a)(iv) hereof.

(c)  Deduction or  Withholding  for Tax. Party B shall not be required to pay to
     Party A any amount  relating  to  Indemnifiable  Taxes  pursuant to Section
     2(d)(i)(4) of the Agreement.  However, if in the absence of this paragraph,
     Party B would otherwise be required to pay such amounts, Party A shall have
     the right,  but not the obligation,  to transfer its rights and obligations
     under this Agreement to another of its Offices or Affiliates or third party
     such that no Indemnifiable Tax would be imposed,  subject to the notice and
     consent provisions set forth in Section 6(b)(ii) of the Agreement.

(d)  No Petition.  Party A hereby  covenants and agrees that,  prior to the date
     which is one year and one day after the  payment  in full of (i) all of the
     Notes and Class D Certificates  and (ii) any other  securities  issued by a
     trust as to which FCAR Two LLC is the depositor  and the  expiration of all
     applicable  preference  periods under the United States  Bankruptcy Code or
     other applicable law, it will not institute against, or join with any other
     Person  in  instituting  against,  Party B or FCAR Two LLC any  bankruptcy,
     reorganization,  arrangement,  insolvency or  liquidation  proceedings,  or
     other  proceedings  under  United  States  federal or state  bankruptcy  or
     similar law in  connection  with any  obligations  of this  Agreement.  The
     provisions  of  this  paragraph  shall  survive  the  termination  of  this
     Agreement.

(e)  Limited  Recourse.  Notwithstanding  anything to the contrary  contained in
     this  Agreement,  the  obligations  of Party B under this Agreement and any
     Transaction  hereunder are solely the  obligations  of Party B and shall be
     payable  solely to the extent of funds received by and available to Party B
     in accordance with the priority of payment  provisions of the Indenture and
     the Sale and Servicing  Agreement and on the  Distribution  Dates specified
     therein.  Party  A  acknowledges  that  Party  B  has  pledged  its  assets
     constituting  the  Indenture  Trust Estate to the Indenture  Trustee.  Upon
     exhaustion of the assets of Party B and proceeds thereof in accordance with
     the Indenture and the Sale and  Servicing  Agreement,  Party A shall not be
     entitled to take any further  steps against Party B to recover any sums due
     but still unpaid  hereunder or  thereunder,  all claims in respect of which
     shall be  extinguished.  No  recourse  shall be had for the  payment of any
     amount owing in respect of any  obligation  of, or claim  against,  Party B
     arising out of or based upon this  Agreement or any  Transaction  hereunder
     against any holder of a beneficial interest, employee, officer or Affiliate
     thereof and, except as specifically  provided herein,  no recourse shall be
     had for the payment of any amount owing in respect of any obligation of, or
     claim  against,  Party B based  on or  arising  out of or based  upon  this
     Agreement  against  the  Administrator  (as  defined in the  Administration
     Agreement),  FCAR  Two  LLC  or any  stockholder,  holder  of a  beneficial
     interest,  employee, officer, director,  incorporator or Affiliate thereof;
     provided,  however, that the foregoing shall not relieve any such person or
     entity from any liability  they might  otherwise  have as a result of gross
     negligence or fraudulent actions or omissions taken by them.

(f)  Party  B  Pledge.  Notwithstanding  Section  7 of  this  Agreement  to  the
     contrary,  Party A  acknowledges  that Party B will pledge its rights under
     this  Agreement to the Indenture  Trustee for the benefit of the holders of
     the  Notes  pursuant  to the  Indenture  and  agrees  to such  pledge.  The
     Indenture  Trustee  shall not be  deemed  to be a party to this  Agreement,
     provided,  however,  that the  Indenture  Trustee,  acting on behalf of the
     holders  of the  Notes,  shall  have the right to  enforce  this  Agreement
     against  Party  A.  Party A shall  be  entitled  to rely on any  notice  or
     communication   from  the  Indenture  Trustee  to  that  effect.   Party  A
     acknowledges  that Party B will pledge  substantially all its assets to the
     Indenture  Trustee for the benefit of the  Noteholders and Party A and that
     all payments  hereunder,  including payments on early termination,  will be
     made in accordance with the priority of payment provisions of the Indenture
     and  the  Sale  and  Servicing  Agreement  and  on the  Distribution  Dates
     specified therein.

(g)  Confirmation of Transactions.  Each Transaction to be effectuated  pursuant
     to this Agreement shall be evidenced by a written confirmation  executed by
     each of Party A and Party B.

(h)  Recording of Conversations. Each party (i) consents to the recording of the
     telephone  conversations  of the trading  and  marketing  personnel  of the
     parties in  connection  with this  Agreement  and any  potential  or actual
     Transaction and (ii) agrees to obtain any necessary consent of, and to give
     notice of such recording to, its personnel.

(i)  Consent by Party A to Amendments to Certain Documents. Before any amendment
     is made to the Indenture or any of the  Receivables  Transfer and Servicing
     Agreements   which  may  adversely  affect  any  of  Party  A's  rights  or
     obligations  under  this  Agreement  or  any  Transaction,  or  modify  the
     obligations  of, or impair the  ability of Party B to fully  perform any of
     Party B's  obligations  under this  Agreement or any  Transaction,  Party B
     shall provide  Party A with a copy of the proposed  amendment or supplement
     and shall  obtain  the  consent of Party A thereto  prior to its  adoption,
     which consent shall not be unreasonably  withheld,  provided that Party A's
     consent  will be deemed to have  been  given if Party A does not  object in
     writing  within 10 Business  Days of receipt of a written  request for such
     consent.

(j)  Definitions.  Unless otherwise specified in a Confirmation,  this Agreement
     and the  relevant  Transaction  between the parties are subject to the 2000
     ISDA Definitions  (the  "Definitions"),  as published by the  International
     Swaps  and  Derivatives  Association,  Inc.,  and will be  governed  in all
     relevant  respects by the provisions set forth in the Definitions,  without
     regard to any amendment to the  Definitions  subsequent to the date hereof.
     The  provisions of the  Definitions  are  incorporated  by reference in and
     shall be deemed a part of this  Agreement,  except that  references  in the
     Definitions  to a  "Swap  Transaction"  shall  be  deemed  references  to a
     "Transaction"  for  purposes  of  this  Agreement.  In  the  event  of  any
     inconsistency between the provisions of this Agreement and the Definitions,
     this Agreement will prevail. In the event of any inconsistency  between the
     provision of any Confirmation  and this Agreement or the Definitions,  such
     Confirmation will prevail for the purpose of the relevant Transaction.

(k)  Set-off.  Nothwithstanding  any  provision  of this  Agreement or any other
     existing  or future  agreements,  each of Party A and  Party B  irrevocably
     waives as to itself any and all contractual  rights it may have to set off,
     net,  recoup or otherwise  withhold or suspend or condition  its payment or
     performance of any obligation to the other party hereto arising  outside of
     this Agreement (which Agreement  includes  without  limitation,  the Master
     Agreement  to which  this  Schedule  is  attached,  this  Schedule  and the
     Confirmations attached hereto).

(l)  Limitation  of  Liability  of  Owner  Trustee.   Nothwithstanding  anything
     contained herein to the contrary, this instrument has been signed on behalf
     of Party B by Wachovia Bank of Delaware,  National  Association  not in its
     individual  capacity but solely in its capacity as Owner Trustee of Party B
     and in no event shall  Wachovia Bank of Delaware,  National  Association in
     its  individual  capacity  or any  beneficial  owner  of  Party B have  any
     liability for the  representations,  warranties,  covenants,  agreements or
     other  obligations of Party B hereunder,  as to all of which recourse shall
     be had solely to the assets of Party B. For all purposes of this Agreement,
     in the  performance of any duties or obligations of Party B hereunder,  the
     Owner  Trustee  shall be subject to, and  entitled to the  benefits of, the
     terms and provisions of the Trust Agreement.

(m)  Additional Definitions.

                  "Administration Agreement" shall mean the administration
         agreement (including Appendix A thereto) dated as of August 1, 2002, as
         amended, supplemented or otherwise modified and in effect, by and among
         Party B, Ford Motor Credit Company and The Bank of New York.

                  "Business Day" shall mean any day other than a Saturday, a
         Sunday or a day on which banking institutions or trust companies in New
         York, New York or the State of Delaware are authorized or obligated by
         law, regulation or executive order to remain closed.

                  "Class A Notes" means the Class A Notes issued by Party B
         pursuant to the Indenture.

                  "Class A-1 Notes" means the Class A-1 Notes issued by Party B
         pursuant to the Indenture.

                  "Class A-2 Notes" means the Class A-2a Notes and the Class
         A-2b Notes issued by Party B pursuant to the Indenture.

                  "Class A-3 Notes" means the Class A-3a Notes and the Class
         A-3b Notes issued by Party B pursuant to the Indenture.

                  "Class A-4 Notes" means the Class A-4a Notes and Class A-4b
         Notes issued by Party B pursuant to the Indenture.

                  "Class B Notes" means the Class B Notes issued by Party B
         pursuant to the Indenture.

                  "Class C Notes" means the Class C Notes issued by Party B
         pursuant to the Trust Agreement.

                  "Class D Certificates" means the Class D Certificates issued
         by Party B pursuant to the Trust Agreement.

                  "Closing Date" shall mean August 29, 2002.

                  "Distribution Date" shall mean the fifteenth (15th) day of
         each calendar month or, if such day is not a Business Day, the next
         succeeding Business Day, commencing September 16, 2002.

                  "FCAR Two LLC" shall mean Ford Credit Auto Receivables Two
         LLC.

                  "Fitch" means Fitch, Inc.

                  "Indenture" shall mean the indenture dated as of August 1,
         2002 (including Appendix A thereto), as amended, supplemented or
         otherwise modified and in effect, between Party B and The Bank of New
         York, as Indenture Trustee.

                  "Indenture Trust Estate" shall mean all money, instruments,
         rights and other property that are subject or intended to be subject to
         the lien and security interest of the Indenture for the benefit of the
         Noteholders and the Swap Counterparties (as specified in the Indenture,
         including Appendix A thereto) including, without limitation, all
         property and interests granted to the Indenture Trustee, including all
         proceeds thereof.

                  "Indenture Trustee" shall mean The Bank of New York or any
         successor or replacement thereto pursuant to the Indenture.

                  "Moody's" shall mean Moody's Investors Service, Inc.

                  "Notes" shall mean the Class A-1 Notes, the Class A-2 Notes,
         the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, and the
         Class C Notes issued by Party B pursuant to the Indenture.

                  "Owner Trustee" shall mean Wachovia Bank of Delaware, National
         Association, as owner trustee under the Trust Agreement.

                  "Purchase Agreement" shall mean the purchase agreement
         (including Appendix A thereto) dated as of August 1, 2002, as from time
         to time amended, supplemented or otherwise modified and in effect,
         between Ford Motor Credit Company and FCAR Two LLC.

                  "Rating Agencies" shall mean Moody's, S&P and Fitch or any
         substitute rating agency that FCAR Two LLC requests to rate the Notes
         or Class D Certificates.

                  "Rating Agency Condition" shall mean, with respect to any
         action, that each Rating Agency shall have been given prior notice
         thereof and that each of the Rating Agencies shall have notified FCAR
         Two LLC, the Servicer, the Owner Trustee and the Indenture Trustee in
         writing that such action will not result in a reduction or withdrawal
         of the then current rating of the Notes or the Class D Certificates.

                  "Receivables Transfer and Servicing Agreements" shall mean
         collectively the Purchase Agreement, the Sale and Servicing Agreement,
         the Trust Agreement and the Administration Agreement.

                  "S&P" shall mean Standard & Poor's, a division of The
         McGraw-Hill Companies, Inc.

                  "Sale and Servicing Agreement" shall mean the sale and
         servicing agreement (including Appendix A thereto) dated as of August
         1, 2002, as amended, supplemented or otherwise modified and in effect,
         by and among Party B, FCAR Two LLC, as seller, and Ford Motor Credit
         Company, as servicer.

                  "Servicer" shall mean Ford Motor Credit Company, as servicer
         under the Sale and Servicing Agreement.

                  "Trust Agreement" shall mean the Amended and Restated Trust
         Agreement (including Appendix A thereto), dated as of August 1, 2002,
         as amended, supplemented or otherwise modified and in effect, by and
         among FCAR Two LLC, Wachovia Bank of Delaware, National Association, as
         Owner Trustee.

<PAGE>

             IN WITNESS WHEREOF, the parties have executed this Schedule to the
Master Agreement on the respective dates specified below with effect from the
date specified on the first page of this document.

FORD CREDIT AUTO OWNER TRUST            MERRILL LYNCH CAPITAL SERVICES, INC.
2002-D

By: WACHOVIA BANK OF DELAWARE,
      NATIONAL ASSOCIATION
      not in its individual capacity
      but solely as Owner Trustee

By: /s/ Amy L. Martin                   By:
    -----------------------------       --------------------------------
Name:   Amy L. Martin                   Name:
Title:  Assistant Vice-President        Title:

Date:   August 29, 2002                 Date:  August 29, 2002

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}]]